Usman Salis
⬤ Silver surged after breaking above a rising 11-year channel that contained price action since the mid-2010s. The breakout happened around August 2025 and triggered a rapid price expansion.
⬤ Before the breakout, silver repeatedly bounced within the same channel across multiple cycles—including 2014, 2016, and 2020. Once price cleared the upper boundary near the $40 region, it shot toward the $70 to $80 range within just a few months. The chart reveals a gain of over 206% following the breakout phase, showing just how explosive the move became after years of contained volatility. A similar technical setup is explored in this analysis of parabolic move above channel resistance.
⬤ The move marks a clear transition from channel-bound behavior into vertical expansion, with consecutive strong candles forming after mid-2025. The analyst suggests the rally we've seen so far might just be the beginning, with another major leg expected throughout 2026. This type of market behavior after a breakout is detailed in silver breakout continuation pattern.
⬤ This development matters because long-duration channel breaks often flip the trading regime from gradual trend progression into momentum-driven movement. As long as silver stays above the previous channel, the breakout remains valid. A return inside the channel would invalidate the confirmation of this long-term structural shift and raise questions about whether the rally can sustain itself.
Usman Salis
