Silver Wave Analysis – 29 September 2025

Silver: ⬆️ Buy

– Silver broke resistance area

– Likely to rise to resistance level 48.00

Silver recently broke the resistance area between the resistance level 45.00 (previous upward target set for Silver) and the resistance trendlines of the 2 up channels from August and April.

The breakout of this resistance area accelerated the active impulse wave 5 of the intermediate impulse wave (3) from July.

Given the strong daily uptrend, Silver can be expected to rise to the next resistance level 48.00 (target price for the completion of the active impulse wave 5).