Technical & Fundamental Commentary
Silver has indeed been testing a strong resistance zone lately. Significant breakout if industrial demand continues to accelerate. The green energy transition is a major driver here — silver is essential in solar panels, EV components, and advanced electronics, all of which are seeing rising demand.That said, resistance levels often attract profit-taking, so the breakout will depend on whether buyers can sustain momentum. If industrial demand projections materialize, the fundamentals could support a move higher. On the other hand, macroeconomic factors like interest rates, currency strength, and investor sentiment toward precious metals will also play a role.