Silver has achieved its first significant upside breakout in three years, surpassing the $27 resistance. Now, all eyes are on the $30 barrier, which if overcome, could propel prices to $45-$55. Technical analysis indicates that silver is in the final stages of a 13-year “cup and handle” formation, setting the stage for a major advance. Investors are advised to monitor for a monthly close above $31, which would signal a robust bullish phase.