Is the silver upward trend continuing? Analysts including Peter Bot are focusing on the $147 level

2026-01-13 08:47:26

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Silver, which is closely watched in the precious metals market, is being pointed out by market analysts as having room for buying pressure. Based on the movement of the quarterly average directional index (ADX), a technical indicator, it is assessed that silver is currently far from being overbought in the current market environment, and there is a growing view that further upside potential remains.

Peter Brant, known for his market insights, has set a target price of $147 for silver and advocates for the existence of significant upward potential. This analysis is based on an objective assessment using volatility indicators, suggesting that the current silver market still has room to strengthen its bullish trend.

Among market participants, interest in the precious metals sector is increasing, and multiple analysis tools, including PeterBot, are tracking silver’s market trends. From the interpretation of indicators that demonstrate technical strength, it is concluded that silver still holds investment appeal, and traders are entering a phase of carefully considering opportunities in the precious metals market.

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