📊 Current Price & Short-Term Movement
$XAG has been trading around the high-$70s to low-$80s per ounce, with recent strength as buyers return after dips. Safe-haven demand from geopolitical tensions helped push prices toward ~$78–$82. �
FXStreet +1
Earlier, weakness in Fed rate expectations and broader market softness caused a pullback from higher levels. �
TMGM
📈 Short-Term Technical Signals
Silver is showing bullish momentum in the short term with multiple days of gains and rebound from support ranges around $72–$75. �
ActionForex +1
A breakout above $82–$84 could signal further gains, while support near $72 could hold if demand stays strong. �
VT Markets -
Mixed price action suggests the market is oscillating inside a wider range, showing both rebound strength and resistance congestion. �
CryptoRank
📉 Macro & Fundamental Drivers
Safe-haven demand tied to geopolitical risk (e.g., Middle East tensions) remains a key support factor. �
webview.octaweb.net
Industrial demand — especially in solar panels, EVs, and electronics — continues to support longer-term price floors. �
JPMorgan
However, shifts in industrial behavior (like moving away from silver in some solar manufacturing) could dampen demand pressures over time. �
Reuters
📉 Key Price Levels to Watch
Support zones: ~$72–$75 per ounce — historical swing lows that have attracted buyers. �
FX Leaders
Near-term resistance: ~$82–$84 — break above this zone could encourage further upside. �
VT Markets -
Major trend zone: Above ~$85 could signal renewed strength; below ~$70 might point to deeper correction risks.
📅 Forecast & Market Outlook
Some analysts and models suggest silver could average around ~$80–$85 through 2026, supported by supply constraints and industrial demand fundamentals. �
JPMorgan +1
Quantitative forecasts vary — with some short-term models projecting volatility in the weekly range, especially if demand shifts or macro cues change.
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