⬤ Silver has exploded higher with a massive weekly candle that shattered the upper boundary of its rising channel. After months of climbing steadily within a well-defined trend, XAG is now trading around $79-80—a sharp move that's changed the entire character of the rally. What had been a controlled, orderly advance has transformed into something far more aggressive, with the price shooting nearly vertical in recent weeks.
⬤ For most of 2025, silver tracked beautifully inside its rising channel, grinding higher in a measured way that made technical sense. That channel got tested from below back in March, held perfectly, and then price kept climbing. But something shifted recently. The latest surge has taken XAG well beyond the channel ceiling, with big green weekly candles stacking up and barely any pullback in sight. The buying pressure has been relentless.
⬤ The chart tells the story clearly—this isn't the same rally anymore. Where the earlier move was steady and predictable, this latest leg is steep and aggressive. Silver has separated completely from its former trend path, climbing at a pace that suggests serious momentum and widespread participation. There's no obvious resistance overhead right now, and each new candle is pushing into fresh territory. This is the kind of move that gets people's attention across the entire precious metals space.
⬤ When silver goes parabolic like this, it changes the game. This isn't just another incremental step higher—it's a breakout that could reshape sentiment across commodities and macro markets. The strength is undeniable, but the steepness also means things could get choppy if momentum stalls. Traders will be watching closely to see if XAG can hold these levels or if we're due for a pullback back toward that broken channel.
Saad Ullah
Saad Ullah