Independent analysts outside of major banks discuss structural supply deficits and strong industrial demand as reasons silver could test or exceed $120 soon in the year. On market forums participants speculate that strong rally to $120–$130 is plausible...
Recent technical forecasts show strong bullish price action, with momentum indicators still in buy zones, suggesting continued upside potential near current highs.
Supply tightness - persistent deficits and limited production increase price pressure. Industrial demand is huge and ongoing demand from technology and energy sectors supports high prices.
Moon? 100...120... behind?
#silver #squeeze
