Head and Shoulders Top Pattern Forming in Silver | Metals Mine

  • Head and Shoulders Top Pattern Forming in Silver

    From traderslog.com

    A bearish Head and Shoulders pattern is forming on the silver daily chart. The pattern is confirmed once price breaches neckline support, which is at around $35.20. On June 18 silver reached it’s highest levels since February 2012. Prior to that, during the 2011-2012 bull run, it reached a high of over $49 per ounce. The silver market has delivered outstanding returns for investors in 2025, with prices rising approximately 25% year-to-date. Silver’s strong 2025 performance has been driven by its dual role as a precious and industrial metal. Industrial demand, especially from solar energy, electronics, and EVs, ... (full story)

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