XAG/USD Holds Below 50-Day SMA as Bears Maintain Control#AIBinance $XRP

Silver is currently trading near $82.00, remaining below the 50-day SMA at $82.70, a level that has repeatedly capped recent recovery attempts.$USDC

Technical Indicators:$BNB

RSI: Around 54, neutral but starting to tilt lower as selling pressure gradually increases.

MACD: Still negative at -1.32, signaling weak bullish momentum and favoring the bears for now.

Key Levels to Watch

🔴 Resistance: $84.95 – $87.05

🟢 Support: $77.57 – $79.62

A decisive close below $81.00 could accelerate downside momentum toward the $77.57–$79.62 support zone.

For bulls to regain short-term control, price needs a strong breakout above $83, which could shift momentum back in favor of buyers.

Conclusion:

The market structure remains fragile, with sellers still holding the upper hand unless silver reclaims the key resistance levels.

#XAG #Silver #Trading #MarketAnalysis #CommoditiesNews