Influenced by geopolitical tensions in the Middle East, silver prices have plummeted from recent highs of $120 to $80, which goes against the typical trajectory of safe-haven assets. Analyst Rashad Hajiyev (Rashad Hajiyev) believes this sell-off is only temporary and points out that silver prices have broken below the lower band of a technical pattern that has persisted for one and a half months. He predicts that prices are about to reverse, market demand for precious metals will rebound, and after the current consolidation phase ends, silver prices may climb to new highs between $140 and $150.