Silver Price Prediction: Three-Stage Rally Targets Revealed - Here's the Roadmap

At AxiomFinity, we follow silver price action closely. The metal has pulled back from its January highs near $120 to the current $72 level. But one high‑level analyst in the precious metals space says this is just a pause.

Rashad Hajiyev, a popular analyst known for his work on silver and gold, shared a daily chart on April 5. His roadmap shows a three‑stage rally that could take silver to $300 in this cycle.

Analyzing Rashad Hajiyev's Silver Chart

The TradingView chart Hajiyev posted shows silver in a long‑term uptrend. The current silver price is at $72.0150. The chart labels three distinct phases.

Phase one: a run to triple digits. Hajiyev targets the $104 to $106 level as the first major resistance. That represents a 44‑47 percent move from current levels. The chart shows this as the initial advancing leg.

Phase two: a shallow pullback. After hitting $104–$106, Hajiyev expects a brief consolidation. The chart does not show deep retracement. He describes it as shallow, meaning silver would hold most of its gains before the next leg up.

Source: X/@hajiyev_rashad

Phase three: a decisive breakout to $140–$150, followed by a final parabolic run to $300. The chart marks $140–$150 as a clear resistance zone. Once silver clears that level, the path to $300 opens.

The final leg to $300 would be the climax of the present cycle. That is more than four times the current price.

What the Chart Says About Structure

The daily timeframe gives weight to this analysis. Daily charts filter out noise and show real trend changes. The current pullback from $120 to $72 appears as a healthy correction within a larger bull market, not a reversal.

The shallow pullback after the first leg is a classic Elliott Wave pattern. Wave 2 corrections are often shallow, followed by an extended wave 3. The $140–$150 zone would likely act as resistance, but a breakout would signal wave 3 extension.

The parabolic run to $300 would be wave 5, the final leg of the cycle. Parabolic moves are common in silver during mania phases. The 2011 run to $50 and the 2025 spike to $120 both showed similar acceleration.

The first test is $104–$106. If silver breaks that level with volume, the shallow pullback will be the next buying opportunity. The $140–$150 zone is the major decision point. A decisive breakout there would confirm the $300 target.

Hajiyev's roadmap is aggressive but not impossible. Silver has a history of violent rallies. The supply deficit and potential Fed money printing provide fundamental fuel. For now, the chart says the next leg up has not even started. The roadmap is clear. The market will decide if it follows.

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