Silver is really close to the Hundy roll setup. The Hundy Roll is a momentum trading concept, it centers on the psychological significance of a $100 price level or "century mark". The Setup is that an asset (a stock originally) consolidates or hovers just below the $100 mark, typically in the $97–$98 range. As the price finally pushes through the psychological resistance of $100, it often triggers an influx of volume and algorithmic buying. The idea is that because humans are attracted to round numbers, breaking this barrier is seen as a major breakout signal. The theory suggests that once $100 is cleared, the momentum will cause the price to "roll" quickly higher, often targeting the $103+ level ( so roughly a quick 3% run) as short-term euphoria takes over. It is essentially a play on round-number bias and the cascading buy orders that tend to sit just above triple digits.