⬤ Silver entered a rare explosive phase after breaking out decisively in May 2025. The XAU Silver chart reveals how price shifted from a steady multi-year climb into a vertical rocket launch, jumping from the mid-$30 range to above $90 in less than eight months—a massive 155 percent rally that's turning heads across markets.
⬤ The technical picture tells the story clearly. From 2020 through early 2025, silver rode a rising channel that kept price action organized between well-defined support and resistance levels. Then May 2025 changed everything. Price blasted through the upper boundary and never looked back, triggering a parabolic move that's barely paused for air. The acceleration has been relentless, with virtually no meaningful pullbacks to shake out weak hands.
⬤ What makes this move especially striking is the clean path ahead. There's minimal historical resistance between current levels and the $100 mark, which is now firmly in view as price continues grinding higher. Consecutive strong candles show buyers completely dominating, suggesting momentum remains firmly intact.
⬤ This matters beyond just silver traders. As both an industrial metal and safe-haven asset, silver's strength reflects broader market forces at work—think inflation concerns, macro uncertainty, and shifting risk appetite. When silver moves this aggressively toward historic price territory, it often signals bigger trends brewing across commodities and precious metals. Markets are watching closely to see if $100 becomes the next chapter in this explosive rally.