Silver Update 27 November 2025

Push to the all time high

Silver had a really good day yesterday and without any pushback from London or COMEX. Price needs to break and consolidate above 54.30 for takeoff. Trend support is at 50.10 today.

Will be interesting to see if the big boys in London are going to let the inevitable happen. Gold is at the breakout level so we’re poised for action although we may have to wait for next week.

Of course price could break lower out of the wedge and this would lead to months of further consolidation with price dropping to 40.00.