Precious metals remain firmly bid as bullish momentum continues.
Pullbacks are being absorbed quickly, breakouts are holding, and buyers continue to defend key levels. As long as the market avoids daily bearish invalidations, the upside narrative remains intact.
(…)
Silver (SI.F)
Let’s open this section by revisiting Monday’s quote:
“(…) bulls didn’t just deliver the minimum upside scenario, but they pushed price to fresh highs, breaking out of the multi-day orange consolidation visible on the daily chart.
That breakout shifts silver into a momentum expansion phase, opening the door to higher upside targets. Where?
Key resistance zones ahead:
- 8615-8677 → upper border of the purple rising channel (H4) + 127.2% extension
- 8845 or even 9000-9030 → 150% Fibonacci extension zone”
Looking at the above charts, we see that silver followed Monday’s bullish roadmap perfectly (congrats to everyone who rode that move and booked profits). Bulls not only hit both projected upside targets, but they pushed the price to yet another new high, confirming strong follow-through.
From a technical standpoint, the message is clear: as long as we do not see sell signals on the indicators and price avoids invalidating the breakout above the purple rising channel on H4, the path higher remains open.
The next key area to watch sits near 9220, which aligns with the 161.8% Fibonacci extension. If bulls continue to show strength and momentum doesn’t fade, even higher upside targets from Monday will likely be on the table:
“(…) At this point, it is also worth noting that if bulls manage to close a daily candle above the orange daily consolidation, the path toward 9400 (not only another round number, but in this area the upper border of the daily rising channel currently sits).
Before we summarize today’s Lab Note please keep in mind that each successful push higher acts like a magnet, pulling price toward the next resistance zone.”
Gold (GC.F) → Gold analysis is reserved for Premium today.
Lab Takeaway
Gold continues to confirm strength through successful breakout retests - weakness is being bought, not sold.
Silver remains in expansion mode, with momentum favoring continuation as long as structure holds.
The key job right now? Watch how bulls behave near marked upside levels. If buyers hold above key breakout zones, continuation toward higher targets becomes the higher-probability path. But if momentum starts to stall or indicators flip to sell, be prepared for a healthy pullback.
Stay patient. Let price confirm the next move.
Anna
P.S. Today’s post is just a fragment of a much bigger picture.
In the full Lab Notes from today, we go several layers deeper - into areas where structure, momentum, and market signals start lining up in a way you don’t see every week.
+ Crypto is sitting at a technical decision point (Lab Note #70).
+ USD Index is sending signals that most traders ignore and… then there’s the part that really matters: the unusual correlation developing between the US dollar and precious metals (Lab Note #71).
All of this is fully unpacked in today’s Premium Labs with context, levels, and scenarios that simply don’t fit into a short public post.
If you only follow the free updates, you’ll see what happened.
In Premium, we focus on why it’s happening and what to watch next.
The door is open whenever you’re ready:
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