Investors are turning their eyes toward silver as forecasts suggest a potential rally. The critical 200-day moving average has established a breakout point at $29.97, which could usher in gains towards $30.54 depending on upcoming Consumer Price Index (CPI) data releases. This scenario presents an exciting opportunity for traders to capitalize on fluctuations in precious metal prices. Analysts warn that market movements will depend heavily on CPI numbers, emphasizing the importance of this data for market sentiment. Silver’s recent trends indicate a potential rebound, and keen observers warn traders to prepare for significant shifts in momentum over the next few days. The outlook remains optimistic but cautious as CPI data approaches.