Silver Price Prediction: Analyst Says Silver Remains a Buy as Long as $70 Holds

Silver has been on a pretty wild ride lately. After putting in a strong run earlier in the year, silver pulled back hard and dropped back into the mid-$70s. It’s been the kind of move that shakes out traders on both sides, especially with markets still dealing with tighter conditions, mixed inflation expectations, and money rotating into other assets.

Even with all that volatility, silver hasn’t broken down. It’s still holding an important long-term floor, and a lot of traders see this current phase as more of a reset than the end of the trend.

Analyst Shirley is staying very bullish here, saying that as long as silver holds above $70, the bigger uptrend is still alive. And if the silver price can break above the $90–$95 zone, things could start moving much faster.

• Silver Price Chart Breakdown: The Key Levels Are Clear
• Why $90–$95 Is the Trigger Zone
• What’s Next for Silver

Silver Price Chart Breakdown: The Key Levels Are Clear

Looking at the chart, the structure around the silver price is actually pretty clean. The strongest support sits in the $70–$75 area, which is marked as a “strong buying zone.” Every time price has dipped into that region, buyers have stepped in and defended it.

On the upside, the big resistance zone is sitting between $90 and $95. This has been a stubborn ceiling, where rallies have repeatedly stalled out. That’s why it’s such a big deal, it’s basically the breakout level that could decide the next major move.

If silver can finally push through that band, the chart shows room toward the $100 psychological level, and beyond that, the next major resistance sits up near $121, close to the prior peak.

Why $90–$95 Is the Trigger Zone

Shirley’s main point is simple: the silver price needs to clear $90–$95 to unlock the next leg higher. That area has been packed with supply and selling pressure, so breaking through it would likely pull more buyers back in.

Source: X/@YShirley_XAUUSD

The chart indicates that silver may be building a higher low at support, and that’s a classic indication that bigger moves often begin after sharp pullbacks. If the metal can stay above $70, it may be quietly building the foundation for the next rally.

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What’s Next for Silver

The bullish case for the silver price comes down to industrial demand, especially with AI infrastructure expanding fast. Silver is critical for electronics, solar, and advanced manufacturing, so stronger demand cycles could add real fuel here.

A move toward $120 would need a clean breakout above $95 and follow through above $100. The $180 target would require a full commodity bull cycle, but the first step is obvious: silver has to break resistance first. For now, the setup stays constructive as long as $70 holds, and the next big test is sitting right at $90–$95.

The bearish case also matters. If silver can’t push through that $90–$95 ceiling and the macro backdrop stays tight, the silver price could easily slip into another deeper pullback. And if it ever breaks below the $70 support zone, that would be a big warning sign, with room for a move down toward $60 or even the mid-$50s if selling picks up.