Silver has rallied a bit during the early hours here on Friday as we continue to see a lot of support at the top of the previous bullish flag that we broke out of. So, it looks like we see a lot of market memory coming into the picture that was previous resistance and now in support. If we are rallying at this point in time, and it looks like we will try to the $43.35 level could be targeted in the short term with the flag here, offering quite a bit of support all the way down to about $41. Even if we break down below there, if we were to show selling pressure, we might test the $40 level, which was a previous swing high with the 50 day EMA coming into the picture offering support as well. Ultimately, if we break out to the upside, then we might fulfill the flagpole here right around $46.
Silver Forecast: Silver Looking to Recover on Friday – 22 September 2025
