Well-known financial analyst Rashad Hajiyev posted a bold silver price projection: the metal could potentially triple again within the next four months, with a major upside wave unfolding into mid-2026.
It’s an aggressive call, but the chart he shared explains why the setup has traders paying attention. The breakout he’s pointing to comes from an 11-year structure that has capped price action for more than a decade.
What you'll learn 👉
Silver’s 11-Year Channel Break Was a Major Structural Change
Hajiyev’s chart shows silver trading inside a long rising channel stretching back to 2014, with multiple cycle peaks and pullbacks respecting the same boundaries over time. That kind of multi-year channel is significant because it represents a long period of controlled growth, where price rallies remain contained and momentum stays muted.
The key moment came in August 2025, when silver finally broke above the top of that channel. Once that resistance gave way, price accelerated violently.
Within the next five months, silver surged more than +206%, effectively tripling off the breakout zone. Moves like that are rare in traditional commodities, and they usually signal that a market has entered a new phase of expansion after years of compression.
In technical terms, silver escaped a decade-long ceiling.
Why Rashad Hajiyev Thinks Silver’s Best Move in 2026 Is Still Ahead
Hajiyev’s main thesis is that the first breakout was only the beginning. He describes the initial surge as the market “testing the waters,” with the real parabolic leg potentially still ahead.
The logic is straightforward: once an asset breaks out of a structure that has held for 10+ years, the first rally often attracts attention, but the larger move can come later as momentum builds and capital rotates in.
Silver is now holding well above the old channel zone, which could turn that former resistance into long-term support. If that level continues to hold, the chart opens room for another aggressive upside wave — and that’s where the “3x within four months” projection comes from.
Of course, a triple from here would require a major acceleration, but the broader point is that silver has already proven it can move explosively once these multi-year barriers break.
Hajiyev is betting that 2026 could bring the next expansion phase, with silver’s strongest rally still ahead rather than behind.
How Realistic Is a Silver 3x Move From Here?
A triple in silver within four months is an extreme projection, even with a bullish breakout structure. Silver can move fast, but it’s still a global macro asset tied closely to interest rates, the U.S. dollar, and industrial demand.
One of the biggest drivers going into 2026 will be monetary conditions. If inflation re-accelerates or central banks begin easing again, precious metals tend to benefit as liquidity flows back into hard assets. A weaker dollar environment would also provide a strong tailwind for silver.
That said, silver’s price action recently has been unusually volatile and erratic. The August breakout produced a massive pump, but the move also looked stretched, with big wicks and unstable follow-through; the kind of behavior that often appears near overheated momentum phases.
Silver is also notorious for false starts. It can break out dramatically, pull in bullish headlines, then spend months chopping sideways as the market digests gains. For a true 3x expansion to happen again, the rally would likely need a major macro catalyst: recession fears, aggressive rate cuts, or a full commodities rotation.
Read also: Silver, Gold, and Stock Perps Are Taking Over Hyperliquid as Daily Revenue Hits $10M
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