Silver's upward momentum remains strong, indicating a continued rally in silver prices

The silver market has surged to test the $24.50 resistance level, signaling potential resistance ahead. Despite this, there are indications of resilience, suggesting a potential breakout in the future. Short-term pullbacks are viewed as buying opportunities.

A daily close above $24.50 could lead to a move towards $26, while $23.50 is seen as a crucial support level. Additionally, the impending Golden Cross formation between the 50-day and 200-day EMAs may attract attention from longer-term traders. While gold's rally influences silver, its industrial nature sets it apart, impacting its behavior.