Technical Breakout Sends Silver Higher
12 September 2025
In today’s technical analysis, let’s take a closer look at Silver, which continues to trade with impressive technical precision. Yesterday was a particularly important session, as the US inflation data stirred volatility across commodities. Oil weakened sharply, but precious metals took the opposite path and pushed higher, with Silver leading the way.
The chart shows us that Silver managed to break out of a pennant formation, marked with black lines, to the upside. That breakout confirmed the underlying bullish sentiment. What followed was a classic corrective move – a wedge pattern marked with blue lines, which briefly slowed down the rally before buyers stepped in again, pushing the price higher.
The structure here is very clear: Silver is respecting its technical levels, climbing steadily, and buyers remain in control. As long as the price holds above the breakout zones, sentiment stays firmly positive, and the metal looks set to extend its rally.