Silver Surges to August Highs as Bullish Trend Resumes

Silver prices have resumed their upward trend in August, breaking to new monthly highs of $30.19. The precious metal’s short-term bullish momentum is expected to continue, with the next target at $30.61. This uptrend follows a brief correction, and the break above $29.74 confirms further potential gains. While short-term indicators are positive, medium and long-term trends remain unclear, suggesting a possible sideways movement in broader timeframes.