Is Silver Ready To Hit $50 - 1/29/2026: Will It Hit $130? - Previous Milestones In First Post

Alright, one last time.

Silver reached the target yesterday when it closed at $65.88 and hitting a high of $66.25 intra day.

Not to overlook that Silver just went up for 5 straight days.

Mission accomplished.

Gold, as I previously stated, had an upside price target of $4,400, yesterday Gold closed at exactly $4,400.80 hitting the target right on the dot.

Mission accomplished.

Today and tomorrow are day's for the Silver to digest this move and also for Market's to absorb some key economic Data and contemplate on what it could mean for September.

Harry213, what upcoming economic data will be released and what to look for?

The day shift has been relatively boring. I wonder what the night crew will do?

Overnight bought it up around $1.80 an ounce or nearly 3% from yesterday's close, it's currently $66.70ish at 9am premarket.

The high at 5am was $66.98, for comparison yesterday's high was $66.68 so we're only talking 30 cents difference in the Highs. Haven't really gone anywhere.

What I'm seeing this morning is resistance above $66.70 as well as a big spike in trading volume at 8:30am, and an increase in volatility, this sort of confirms my hunch that the seller's are camping out in the $66+ to $69 zone

There's a secondary target for the Bull's and it's sitting at $70 and depending on how the day/week goes this could be revisited. But I'm not betting on it.