Silver Breakout Imminent?

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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.

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