Silver Poised for Major Breakout: Key Levels to Watch Silver has achieved its first significant upside breakout in three years, surpassing the $27 resistance. Now, all eyes are on the $30 barrier, which if overcome, could propel prices to $45-$55. Technical analysis indicates that silver is in the final stages of a 13-year “cup and handle” formation, setting the stage for a major advance. Investors are advised to monitor for a monthly close above $31, which would signal a robust bullish phase. « Previous Article Next Article » Share This Article Choose Your Platform: Facebook Twitter Google Plus Linkedin Related Posts Inflation Data Shifts Fed Focus from 'If' to 'How Much' on Rate Cuts READ MORE Mortgage Rates Rise in Early 2024, Homebuying Challenges Persist READ MORE The Commodities Feed: Gold Nears $2,200/oz READ MORE Baby Boomers' $76 Trillion Savings Shield US from Recession READ MORE Inflation No Match for Coca-Cola's Global Demand in Q2 Earnings READ MORE Add a Comment Cancel replyYour email address will not be published. Required fields are marked *Name * Email * Save my name, email, and website in this browser for the next time I comment. Comment