Silver Explodes Higher as Symmetric Triangle Breaks to the Upside
12 January 2026
The new trading week has started in a very impressive way for silver. During the Asian session, silver surged sharply higher, gaining nearly 5% and clearly extending the strong bullish close we saw on Friday. This positive momentum from the end of the previous week is spilling over into the new one, suggesting that buyers are once again firmly in control and willing to push prices higher after a period of consolidation.
From a technical perspective, the broader structure on silver remains bullish, as the market has been trading in a well-defined uptrend. What makes the current move particularly important is the breakout from the symmetric triangle that had been containing price action over the past few weeks. This triangle represented a pause and a correction within the uptrend, with volatility compressing and traders waiting for direction.
The upside breakout from this symmetric triangle is a strong bullish signal. Escaping from a consolidation phase in the direction of the prevailing trend often opens the door for a renewed impulsive move higher. As long as silver remains above the broken upper boundary of the triangle, sentiment stays positive, and the recent correction can now be considered complete, with higher prices likely to follow.