“Silver Hits New All-Time Highs – Analysis – 01-12-2025”

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“Silver surged in its latest intraday session, breaking through the key resistance at $54.35 and recording a series of new all-time highs. This momentum carried the price past the next significant resistance at $55.80, which had been identified as a target in our previous analysis. The move is supported by the dominant short-term bullish trend, reinforced by trading along both minor and main supportive trend lines. Positive signals from the relative strength indicators further confirm the strength of the rally, despite the indicators approaching overbought levels.”

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