Will Silver surge again ?
First, price must break through the $49.00–$49.50 resistance zone — a key area first formed on October 23rd and retested on October 31st before sellers drove it lower. If this zone holds, Silver may face a deeper correction or slip back into sideways consolidation.
However, a clean breakout above $49.50 would shift the structure decisively bullish, opening the door for a retest of the all-time high set on October 16th, 2025 — and potentially signaling the start of a new bull leg.
A clean break and close below $47.00, on the other hand, could act as a catalyst for a sharper decline, signaling a potential trend reversal and opening the door for a deeper slide in Silver’s price.
First, price must break through the $49.00–$49.50 resistance zone — a key area first formed on October 23rd and retested on October 31st before sellers drove it lower. If this zone holds, Silver may face a deeper correction or slip back into sideways consolidation.
However, a clean breakout above $49.50 would shift the structure decisively bullish, opening the door for a retest of the all-time high set on October 16th, 2025 — and potentially signaling the start of a new bull leg.
A clean break and close below $47.00, on the other hand, could act as a catalyst for a sharper decline, signaling a potential trend reversal and opening the door for a deeper slide in Silver’s price.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.