Home News Next Price Target for Silver, Plus a Look at Oil

Next Price Target for Silver, Plus a Look at Oil

June 19, 2025

Here is the next price target for silver, plus a look at oil.

Silver

June 18 (King World News) – Naveen Nair at Citi: It remains a very bullish picture in silver after we broke above the $34.5895 (March high) as well as the key resistance at 34.90-35.00 (October 2024 high, double bottom neckline, psychological level) earlier in June.

We are now testing resistance at the 37.48 level (2012 highs). However, the double bottom formation suggests we could move even [higher] with an indicated target of ~40.43, close to the 76.4% pullback of the 2011 highs. And this would be excluding the other bullish building blocks: 1) The weekly bullish trend since 2022 remains intact. 2) Weekly momentum continues to tick higher.

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