Silver maintains cautious bullish outlook after breaking past R1 and surging through $60 mark, exiting consolidation phase. Sideways move was due to low manufacturing demand, but silver has all fundamental factors in place—AI/data center buildouts driving structural demand.
Key Levels: Support at $53.957 | Resistance at $62.986
Investor Takeaway: Breakout above $60 confirms consolidation exit; AI/data center demand narrative materializing with technical breakout validating medium-term bullish thesis.
