🚀 Silver ($XAG ) Holds the Line: Is $90 the Next Stop?
The silver market is flashing a major signal for bulls. After a wild ride through early 2026, Silver (XAG/USD) is successfully defending a critical support zone, keeping the macro "cup and handle" or "bull flag" structures firmly intact.
🛡️ Why the Current Support Matters
Market participants are closely watching the $78.00–$80.00 range. By holding this floor, silver has neutralized the recent "waterfall" sell-off from January’s highs.
The Bounce: We’ve seen aggressive bids step in every time price dips near the 200-day moving average.
The Narrative: With a 6th consecutive year of physical supply deficits (currently at 67 Moz) and stalling retail sales data, the "safe-haven" rotation is back in full swing.
🎯 The Road to $90
If this support continues to hold, the technical path to $90 is becoming a "when," not an "if."
Resistance 1: $82.50 (The "Prove-it" zone)
Resistance 2: $87.00 (The final hurdle before price discovery)
Main Target: $90.00+ > "As long as we stay above the $77–$79 floor, the bullish structure remains the dominant trend. Volatility is high, but the fundamentals of industrial demand and monetary hedging are stronger than ever."
📊 What to Watch:
Keep an eye on the Gold:Silver Ratio, which has recently dipped below 50. When silver begins to outperform gold in a bull cycle, these $90–$100 targets can be hit much faster than expected.
Are you holding $XAG for the triple digits, or are you waiting for a deeper dip? Let’s talk in the comments! 👇
#Silver #XAGUSD #commodities #TechnicalAnalysis #BullRun2026 #BinanceFeed
