Silver About To Test A Secular Breakout Point: What It Means For Investors

Silver has been on investors’ radars for some time now, as the price of the precious metal has been showing signs of breaking out of a secular trendline that has been in place for nearly 3 years. The green thick line on the chart below represents this trendline, and as we can see, silver has struggled to clear it since July of 2020. In line with our most recent silver forecast, we believe the time has come for silver to stage a secular breakout.