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XAG/USD Analysis: Silver Price Growth Slows
This morning, we reported that the price of gold has risen above $4,000 for the first time in history. The surge in this safe-haven asset has been driven by political uncertainty in the United States and other countries, as well as sustained demand from central banks.
Against this backdrop, the XAG/USD chart also draws attention, showing that silver prices are following a bullish trend — though not as confidently as gold. Technical analysis provides further important insights.
Technical Analysis of the XAG/USD Chart
Seven days ago, when analysing the XAG/USD chart, we plotted a steep orange channel indicating an acceleration of growth and suggested that:
→ the market remained bullish;
→ a correction was possible — for example, towards the lower boundary of the orange channel (S2), reinforced by a bullish Fair Value Gap (FVG) shown as a purple imbalance zone favouring buyers.
Indeed, this scenario played out, and the reversal from the identified support block (as shown by the first arrow) occurred with notable momentum. The upward trend then continued, with silver prices remaining within the orange channel, which is still relevant today.
Key details to note:
→ as shown by the line marked R (Resistance), silver has struggled to gain traction around the 48.75 level;
→ as indicated by the blue lines (whose slope is decreasing), buying pressure may be weakening as bulls attempt to break through this level.
Following yesterday’s test of the lower boundary of the channel, the price (as shown by the second arrow) turned upwards — this can be interpreted as bulls having “shaken out” weak holders and regained strength to challenge the 48.75 (R) level.
On this move, they managed to:
→ overcome local resistance at 48.00;
→ form a bullish FVG zone (highlighted in orange);
→ climb into the upper half of the channel.
However, today’s move above 48.75 appears tentative — the XAG/USD chart shows no clear consolidation above this key level. That said, if political turbulence persists, new record highs in gold could well give fresh momentum to the “silver bulls.”
Start trading commodities with tight spreads. Learn more about trading commodity CFDs with FXOpen.
CFDs are complex instruments and come with a high risk of losing your money.
This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.
XAG/USD Analysis: Silver Price Growth Slows
This morning, we reported that the price of gold has risen above $4,000 for the first time in history. The surge in this safe-haven asset has been driven by political uncertainty in the United States and other countries, as well as sustained demand from central banks.
Against this backdrop, the XAG/USD chart also draws attention, showing that silver prices are following a bullish trend — though not as confidently as gold. Technical analysis provides further important insights.
Technical Analysis of the XAG/USD Chart
Seven days ago, when analysing the XAG/USD chart, we plotted a steep orange channel indicating an acceleration of growth and suggested that:
→ the market remained bullish;
→ a correction was possible — for example, towards the lower boundary of the orange channel (S2), reinforced by a bullish Fair Value Gap (FVG) shown as a purple imbalance zone favouring buyers.
Indeed, this scenario played out, and the reversal from the identified support block (as shown by the first arrow) occurred with notable momentum. The upward trend then continued, with silver prices remaining within the orange channel, which is still relevant today.
Key details to note:
→ as shown by the line marked R (Resistance), silver has struggled to gain traction around the 48.75 level;
→ as indicated by the blue lines (whose slope is decreasing), buying pressure may be weakening as bulls attempt to break through this level.
Following yesterday’s test of the lower boundary of the channel, the price (as shown by the second arrow) turned upwards — this can be interpreted as bulls having “shaken out” weak holders and regained strength to challenge the 48.75 (R) level.
On this move, they managed to:
→ overcome local resistance at 48.00;
→ form a bullish FVG zone (highlighted in orange);
→ climb into the upper half of the channel.
However, today’s move above 48.75 appears tentative — the XAG/USD chart shows no clear consolidation above this key level. That said, if political turbulence persists, new record highs in gold could well give fresh momentum to the “silver bulls.”
Start trading commodities with tight spreads. Learn more about trading commodity CFDs with FXOpen.
CFDs are complex instruments and come with a high risk of losing your money.
This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.
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#XAGUSD #silver #silverprice #commodities #marketanalysis #chartanalysis
Is the Silver Price Preparing to Challenge Its Record High?
The United States is celebrating Thanksgiving, meaning trading activity across financial markets will be lower than usual today (and to some extent tomorrow). Yesterday, we noted a decline in volatility in the gold market.
Against this backdrop, the silver market is drawing attention – and may not allow traders to relax. As the XAG/USD chart shows, silver has risen by more than 7% since the start of the week.
It is reasonable to assume that the holiday-induced drop in liquidity has opened the door to broader price movements. It is not impossible that we may soon see an attempt to break the all-time high (around $54.45 per ounce), which as of this morning lies roughly 1% away.
Technical Analysis of XAG/USD
Examining the XAG/USD chart, we can identify key swing points that allow us to outline an ascending channel. This week’s strong advance has pushed silver into the upper half of that channel.
The bulls’ strength is reflected in:
→ the steep slope of the orange channel, within which we see impulsive bullish candles followed by brief corrections – a classic pattern of a strong market;
→ a higher peak on the Awesome Oscillator.
Given this context, it is plausible that the median line could switch from resistance to support (as it has previously – shown by arrows), potentially helping the bulls gather the confidence needed to challenge the record high.
Start trading commodities with tight spreads. Learn more about trading commodity CFDs with FXOpen.
CFDs are complex instruments and come with a high risk of losing your money.
This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.
Is the Silver Price Preparing to Challenge Its Record High?
The United States is celebrating Thanksgiving, meaning trading activity across financial markets will be lower than usual today (and to some extent tomorrow). Yesterday, we noted a decline in volatility in the gold market.
Against this backdrop, the silver market is drawing attention – and may not allow traders to relax. As the XAG/USD chart shows, silver has risen by more than 7% since the start of the week.
It is reasonable to assume that the holiday-induced drop in liquidity has opened the door to broader price movements. It is not impossible that we may soon see an attempt to break the all-time high (around $54.45 per ounce), which as of this morning lies roughly 1% away.
Technical Analysis of XAG/USD
Examining the XAG/USD chart, we can identify key swing points that allow us to outline an ascending channel. This week’s strong advance has pushed silver into the upper half of that channel.
The bulls’ strength is reflected in:
→ the steep slope of the orange channel, within which we see impulsive bullish candles followed by brief corrections – a classic pattern of a strong market;
→ a higher peak on the Awesome Oscillator.
Given this context, it is plausible that the median line could switch from resistance to support (as it has previously – shown by arrows), potentially helping the bulls gather the confidence needed to challenge the record high.
Start trading commodities with tight spreads. Learn more about trading commodity CFDs with FXOpen.
CFDs are complex instruments and come with a high risk of losing your money.
This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.
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#XAGUSD #silver #silverprice #commodities #MarketTrends #marketanalysis
Silver Price Hits Historic Record Around $64
On 27 November, we suggested that silver was preparing to challenge its all-time high. Since then (marked with the orange arrow), XAG/USD has risen by roughly 18%, breaking above the psychological $60-per-ounce threshold for the first time in history.
The rally has been driven by strong retail inflows into silver ETFs, alongside expectations of a structural supply deficit by 2026 due to robust industrial demand—particularly from solar energy, electric vehicles, and data-centre infrastructure.
The weakening of the US dollar following the Federal Reserve’s decision on Wednesday also helped lift dollar-denominated silver to a new historic peak near $64.
Technical Analysis of XAG/USD
A review of the XAG/USD chart shows that the price has been moving within a rising channel that encapsulates the uptrend beginning in early September.
Within this structure:
→ the channel median acted as a springboard for price growth on 4 December;
→ the line dividing the upper half of the channel into quarters switched from resistance (earlier in the month) to support on 10 December;
→ silver is now trading near the channel’s upper boundary, which may behave as significant resistance (as it did in mid-October).
Given these factors, the market may now be heavily overheated, leaving it vulnerable to a correction. Should this scenario begin to unfold, we could see a bearish break of the steep upward trajectory that has lifted silver by around 30% from the 21 November low.
Start trading commodities with tight spreads. Learn more about trading commodity CFDs with FXOpen.
CFDs are complex instruments and come with a high risk of losing your money.
This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.
Silver Price Hits Historic Record Around $64
On 27 November, we suggested that silver was preparing to challenge its all-time high. Since then (marked with the orange arrow), XAG/USD has risen by roughly 18%, breaking above the psychological $60-per-ounce threshold for the first time in history.
The rally has been driven by strong retail inflows into silver ETFs, alongside expectations of a structural supply deficit by 2026 due to robust industrial demand—particularly from solar energy, electric vehicles, and data-centre infrastructure.
The weakening of the US dollar following the Federal Reserve’s decision on Wednesday also helped lift dollar-denominated silver to a new historic peak near $64.
Technical Analysis of XAG/USD
A review of the XAG/USD chart shows that the price has been moving within a rising channel that encapsulates the uptrend beginning in early September.
Within this structure:
→ the channel median acted as a springboard for price growth on 4 December;
→ the line dividing the upper half of the channel into quarters switched from resistance (earlier in the month) to support on 10 December;
→ silver is now trading near the channel’s upper boundary, which may behave as significant resistance (as it did in mid-October).
Given these factors, the market may now be heavily overheated, leaving it vulnerable to a correction. Should this scenario begin to unfold, we could see a bearish break of the steep upward trajectory that has lifted silver by around 30% from the 21 November low.
Start trading commodities with tight spreads. Learn more about trading commodity CFDs with FXOpen.
CFDs are complex instruments and come with a high risk of losing your money.
This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.
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#XAGUSD #silver #silverprice #commodities #marketanalysis #MarketNews
Silver Price Hits a Record High Near $72
On 12 December, we noted that silver had climbed above $60. It took the market less than two weeks to advance further and clear the next psychological milestone at $70.
Today, XAG/USD reached $72, extending the sharp rally that began in the autumn. Gold prices have also been showing strong momentum.
The surge in precious metals has been driven by:
→ robust ETF buying from retail investors;
→ rising geopolitical tensions (media reports suggest the US has deployed additional military forces close to Venezuela);
→ reduced liquidity during the holiday period. Thin trading conditions often leave markets exposed to abrupt price swings.
Technical Analysis of XAG/USD
When reviewing the XAG/USD chart two weeks ago, we:
→ identified an ascending channel (marked in blue);
→ outlined the possibility of a pullback from the channel’s upper boundary.
Since then (as indicated by the arrows):
→ the price retreated twice from the upper boundary on 12 and 16 December;
→ on 17 December it broke above the channel;
→ on 19 December the former resistance acted as support, allowing buyers to consolidate above the blue ascending channel.
The current move is characterised by a steep upward trajectory (shown in orange), with the breakout above the $70 psychological level appearing decisive.
With silver trading this morning close to the upper edge of the orange channel and the RSI in overbought territory, the market looks vulnerable to a corrective pullback. Indeed, long holders may be tempted to lock in profits after a gain of nearly 30% since the start of the month.
That said, the unique dynamics of holiday trading could still fuel an attempt to push towards the $80 level.
Start trading commodities with tight spreads*. Learn more about trading commodity CFDs with FXOpen. *Additional fees may apply.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money. You can find the full disclaimer here: www.fxopen.com
This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.
Silver Price Hits a Record High Near $72
On 12 December, we noted that silver had climbed above $60. It took the market less than two weeks to advance further and clear the next psychological milestone at $70.
Today, XAG/USD reached $72, extending the sharp rally that began in the autumn. Gold prices have also been showing strong momentum.
The surge in precious metals has been driven by:
→ robust ETF buying from retail investors;
→ rising geopolitical tensions (media reports suggest the US has deployed additional military forces close to Venezuela);
→ reduced liquidity during the holiday period. Thin trading conditions often leave markets exposed to abrupt price swings.
Technical Analysis of XAG/USD
When reviewing the XAG/USD chart two weeks ago, we:
→ identified an ascending channel (marked in blue);
→ outlined the possibility of a pullback from the channel’s upper boundary.
Since then (as indicated by the arrows):
→ the price retreated twice from the upper boundary on 12 and 16 December;
→ on 17 December it broke above the channel;
→ on 19 December the former resistance acted as support, allowing buyers to consolidate above the blue ascending channel.
The current move is characterised by a steep upward trajectory (shown in orange), with the breakout above the $70 psychological level appearing decisive.
With silver trading this morning close to the upper edge of the orange channel and the RSI in overbought territory, the market looks vulnerable to a corrective pullback. Indeed, long holders may be tempted to lock in profits after a gain of nearly 30% since the start of the month.
That said, the unique dynamics of holiday trading could still fuel an attempt to push towards the $80 level.
Start trading commodities with tight spreads*. Learn more about trading commodity CFDs with FXOpen. *Additional fees may apply.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money. You can find the full disclaimer here: www.fxopen.com
This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.
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#XAGUSD #silver #silverprice #commodities #marketanalysis #MarketNews
Silver Price Surpasses $80 for the First Time. Why Could This Be a Bearish Sign?
As the XAG/USD chart shows, earlier this morning the price of one ounce of silver reached above $83 for the first time. However, this move was followed by an abnormally sharp reversal to the downside.
Why Did the Silver Price Fall?
On 24 December, we not only outlined the fundamental backdrop but also highlighted that the market was vulnerable to sharp price movements due to reduced liquidity during the holiday period.
Now, as the ATR indicator has surged sharply higher—confirming our assumption—it is worth examining the key chart details that point to emerging bearish signals.
Technical Analysis of the XAG/USD Chart
The previously constructed ascending channel (highlighted in orange) has retained its slope, while the following developments occurred:
→ The silver price surge on 26 December (marked by the arrow), with a bullish gap, doubled the ascending channel.
→ At the open of today’s trading session, the price broke above the upper boundary with another bullish gap (marked by the second arrow).
It is important to note that:
→ The sharp surge in silver prices towards a historic high may have been driven by a shortage of seller liquidity at the opening of financial markets during the final week of the year.
→ The aggressive nature of the subsequent decline towards $75 appears to be a clear sign of a shift in market sentiment.
→ Wide candlesticks indicate heightened activity from so-called “smart money”.
Taking the above into account, we can assume that large long-position holders are actively locking in profits after silver prices have risen by approximately 160% since the beginning of 2025. If this hypothesis proves correct, a break below the lower boundary of the orange ascending channel may follow, potentially leading to further downside movement as early as the first days of 2026.
Start trading commodities with tight spreads*. Learn more about trading commodity CFDs with FXOpen. *Additional fees may apply.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money. You can find the full disclaimer here: www.fxopen.com
This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.
Silver Price Surpasses $80 for the First Time. Why Could This Be a Bearish Sign?
As the XAG/USD chart shows, earlier this morning the price of one ounce of silver reached above $83 for the first time. However, this move was followed by an abnormally sharp reversal to the downside.
Why Did the Silver Price Fall?
On 24 December, we not only outlined the fundamental backdrop but also highlighted that the market was vulnerable to sharp price movements due to reduced liquidity during the holiday period.
Now, as the ATR indicator has surged sharply higher—confirming our assumption—it is worth examining the key chart details that point to emerging bearish signals.
Technical Analysis of the XAG/USD Chart
The previously constructed ascending channel (highlighted in orange) has retained its slope, while the following developments occurred:
→ The silver price surge on 26 December (marked by the arrow), with a bullish gap, doubled the ascending channel.
→ At the open of today’s trading session, the price broke above the upper boundary with another bullish gap (marked by the second arrow).
It is important to note that:
→ The sharp surge in silver prices towards a historic high may have been driven by a shortage of seller liquidity at the opening of financial markets during the final week of the year.
→ The aggressive nature of the subsequent decline towards $75 appears to be a clear sign of a shift in market sentiment.
→ Wide candlesticks indicate heightened activity from so-called “smart money”.
Taking the above into account, we can assume that large long-position holders are actively locking in profits after silver prices have risen by approximately 160% since the beginning of 2025. If this hypothesis proves correct, a break below the lower boundary of the orange ascending channel may follow, potentially leading to further downside movement as early as the first days of 2026.
Start trading commodities with tight spreads*. Learn more about trading commodity CFDs with FXOpen. *Additional fees may apply.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money. You can find the full disclaimer here: www.fxopen.com
This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.
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#XAGUSD #silver #silverprice #marketanalysis #MarketNews
Silver Prices Stabilise Near Record Highs
As the XAG/USD chart shows, the price of silver per ounce is consolidating near its all-time high, which lies above $85.
Bullish sentiment dominates the market, as concerns over the independence of the US Federal Reserve, heightened geopolitical tensions, and other factors have fuelled demand for safe-haven metals. According to media reports:
→ Official authorities are exerting pressure on the Fed to cut interest rates, having opened a criminal case against its Chair. Powell, in turn, described these actions as a “pretext” for influencing the decisions of an independent financial institution.
→ Traders are also closely monitoring the escalation of protests in Iran, which could lead to US military involvement, alongside President Trump’s statements about the annexation of Greenland. In the aftermath of the operation in Venezuela, such scenarios are increasingly being viewed as realistic.
Technical Analysis of the XAG/USD Chart
On 29 December, we updated the previously drawn ascending channel and suggested a potential decline in silver prices towards its lower boundary, with a possible bearish breakout attempt.
Indeed, prices moved down to the lower boundary. However, after the formation of an Inverted Head and Shoulders (IHS) pattern, bulls found support there and resumed the upward trend.
The current consolidation in XAG/USD confirms the role of the channel median, which appears to act as a reference level acceptable to both buyers and sellers. That said, today’s CPI release could disrupt this balance. Possible scenarios include:
→ a pullback towards the psychological support around $80, where the bullish impulse marked by the arrow began;
→ a rise towards the QH line, which divides the upper half of the channel into two quarters.
Start trading commodities with tight spreads*. Learn more about trading commodity CFDs with FXOpen. *Additional fees may apply.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money. You can find the full disclaimer here: www.fxopen.com
This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.
Silver Prices Stabilise Near Record Highs
As the XAG/USD chart shows, the price of silver per ounce is consolidating near its all-time high, which lies above $85.
Bullish sentiment dominates the market, as concerns over the independence of the US Federal Reserve, heightened geopolitical tensions, and other factors have fuelled demand for safe-haven metals. According to media reports:
→ Official authorities are exerting pressure on the Fed to cut interest rates, having opened a criminal case against its Chair. Powell, in turn, described these actions as a “pretext” for influencing the decisions of an independent financial institution.
→ Traders are also closely monitoring the escalation of protests in Iran, which could lead to US military involvement, alongside President Trump’s statements about the annexation of Greenland. In the aftermath of the operation in Venezuela, such scenarios are increasingly being viewed as realistic.
Technical Analysis of the XAG/USD Chart
On 29 December, we updated the previously drawn ascending channel and suggested a potential decline in silver prices towards its lower boundary, with a possible bearish breakout attempt.
Indeed, prices moved down to the lower boundary. However, after the formation of an Inverted Head and Shoulders (IHS) pattern, bulls found support there and resumed the upward trend.
The current consolidation in XAG/USD confirms the role of the channel median, which appears to act as a reference level acceptable to both buyers and sellers. That said, today’s CPI release could disrupt this balance. Possible scenarios include:
→ a pullback towards the psychological support around $80, where the bullish impulse marked by the arrow began;
→ a rise towards the QH line, which divides the upper half of the channel into two quarters.
Start trading commodities with tight spreads*. Learn more about trading commodity CFDs with FXOpen. *Additional fees may apply.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money. You can find the full disclaimer here: www.fxopen.com
This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.
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#XAGUSD #silver #silverprice #commodities #marketanalysis #MarketNews
For the First Time In History, the Price of Silver Has Exceeded $115
The weakness of the US dollar amid the White House’s ambiguous policy stance, along with other factors (including geopolitics and industrial demand for silver), has led to the XAG/USD quote rising above $115 this week.
Since the beginning of the year, the price of an ounce of silver has increased by more than 50%, continuing the steep upward trend that began back in 2025.
It seems the bull market in precious metals is unstoppable, but the chart is sending important signals that cast doubt on this view.
Technical Analysis of the XAG/USD Chart
Price fluctuations are forming a broad ascending channel. Pay attention to the following:
→ A surge in volatility, clearly visible on the ATR indicator. It began to form after the psychological level of $100 was breached.
→ A sharp drop from A to B (approximately 12% within a single day) from the upper boundary of the channel to its median. Ordinary retail traders do not have the power to generate such an effect.
Given the above, it is reasonable to assume that after silver surpassed the psychological level of $100 per ounce, demand took on a frenzy-like character. Meanwhile, “smart money” is using the broad market to take profits on long positions after a staggering rise (more than +200% over the past six months). In other words, this points to a distribution phase in terms of Richard Wyckoff’s method.
If false bullish breakouts of resistance levels appear on the chart, followed by successful breaks of support, this will add weight to the argument behind the idea outlined above.
Start trading commodities with tight spreads*. Learn more about trading commodity CFDs with FXOpen. *Additional fees may apply.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money. You can find the full disclaimer here: www.fxopen.com
This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.
For the First Time In History, the Price of Silver Has Exceeded $115
The weakness of the US dollar amid the White House’s ambiguous policy stance, along with other factors (including geopolitics and industrial demand for silver), has led to the XAG/USD quote rising above $115 this week.
Since the beginning of the year, the price of an ounce of silver has increased by more than 50%, continuing the steep upward trend that began back in 2025.
It seems the bull market in precious metals is unstoppable, but the chart is sending important signals that cast doubt on this view.
Technical Analysis of the XAG/USD Chart
Price fluctuations are forming a broad ascending channel. Pay attention to the following:
→ A surge in volatility, clearly visible on the ATR indicator. It began to form after the psychological level of $100 was breached.
→ A sharp drop from A to B (approximately 12% within a single day) from the upper boundary of the channel to its median. Ordinary retail traders do not have the power to generate such an effect.
Given the above, it is reasonable to assume that after silver surpassed the psychological level of $100 per ounce, demand took on a frenzy-like character. Meanwhile, “smart money” is using the broad market to take profits on long positions after a staggering rise (more than +200% over the past six months). In other words, this points to a distribution phase in terms of Richard Wyckoff’s method.
If false bullish breakouts of resistance levels appear on the chart, followed by successful breaks of support, this will add weight to the argument behind the idea outlined above.
Start trading commodities with tight spreads*. Learn more about trading commodity CFDs with FXOpen. *Additional fees may apply.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money. You can find the full disclaimer here: www.fxopen.com
This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.
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#XAGUSD #silver #silverprice #commodities #marketanalysis #MarketNews
Silver Prices Collapse as the Market Shifts Phase
According to media reports, the silver market has experienced its largest price drop since 1980.
Notably, it is difficult to identify a single powerful fundamental catalyst that could clearly explain the move from the 29 January high near $120 to today’s low around $72 (approximately −40%). The geopolitical backdrop remains tense, with risks related to Iran, Greenland, Ukraine and other regions still very much in play.
The media point to a cascade of long-position liquidations, a view that aligns with the analytical conclusions of our article “For the First Time In History, the Price of Silver Has Exceeded $115”, published five days ago.
At that time, we:
→ reaffirmed the primary ascending channel and highlighted a surge in volatility during the A→B move from the upper boundary of the channel;
→ suggested that “smart money” was using broad market participation to lock in profits on long positions after an extraordinary rally (more than +200% over the past six months). In Wyckoff terms, this corresponded to a distribution phase.
These assumptions were subsequently confirmed by:
→ a brief push above the A high (the UTAD pattern — Upthrust After Distribution);
→ a sharp increase in bearish pressure. As a result, around the turn of the week, XAG/USD decisively broke not only the channel median but also its lower boundary.
Within the framework of Wyckoff methodology, this price action in silver can be interpreted as follows:
→ “smart money” has completed the distribution of long positions and shifted to selling into the market;
→ retail traders’ positions are being liquidated en masse, accelerating the decline.
In other words, following the Distribution phase, the market has entered the Mark-Down phase. The speed and violence of recent price moves — making timely decision-making particularly difficult — further support this interpretation.
Therefore, even if silver attempts a rebound under the current conditions of extreme oversoldness, any recovery is likely to face a strong resistance zone in the $87.5–95 area. This is where bears previously held a clear advantage while breaking the long-term ascending channel.
Start trading commodities with tight spreads*. Learn more about trading commodity CFDs with FXOpen. *Additional fees may apply.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money. You can find the full disclaimer here: www.fxopen.com
This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.
Silver Prices Collapse as the Market Shifts Phase
According to media reports, the silver market has experienced its largest price drop since 1980.
Notably, it is difficult to identify a single powerful fundamental catalyst that could clearly explain the move from the 29 January high near $120 to today’s low around $72 (approximately −40%). The geopolitical backdrop remains tense, with risks related to Iran, Greenland, Ukraine and other regions still very much in play.
The media point to a cascade of long-position liquidations, a view that aligns with the analytical conclusions of our article “For the First Time In History, the Price of Silver Has Exceeded $115”, published five days ago.
At that time, we:
→ reaffirmed the primary ascending channel and highlighted a surge in volatility during the A→B move from the upper boundary of the channel;
→ suggested that “smart money” was using broad market participation to lock in profits on long positions after an extraordinary rally (more than +200% over the past six months). In Wyckoff terms, this corresponded to a distribution phase.
These assumptions were subsequently confirmed by:
→ a brief push above the A high (the UTAD pattern — Upthrust After Distribution);
→ a sharp increase in bearish pressure. As a result, around the turn of the week, XAG/USD decisively broke not only the channel median but also its lower boundary.
Within the framework of Wyckoff methodology, this price action in silver can be interpreted as follows:
→ “smart money” has completed the distribution of long positions and shifted to selling into the market;
→ retail traders’ positions are being liquidated en masse, accelerating the decline.
In other words, following the Distribution phase, the market has entered the Mark-Down phase. The speed and violence of recent price moves — making timely decision-making particularly difficult — further support this interpretation.
Therefore, even if silver attempts a rebound under the current conditions of extreme oversoldness, any recovery is likely to face a strong resistance zone in the $87.5–95 area. This is where bears previously held a clear advantage while breaking the long-term ascending channel.
Start trading commodities with tight spreads*. Learn more about trading commodity CFDs with FXOpen. *Additional fees may apply.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money. You can find the full disclaimer here: www.fxopen.com
This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.
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Daily Market News with FXOpen - 03 February 2026
🔸 European mining stocks rise as gold and silver rebound;
🔸 Gold bounces with silver as dip buyers crowd in following slump;
🔸 Australia's central bank raises rates for first time in two years.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money. You can find the full disclaimer here: www.fxopen.com.
#Gold #Silver #PreciousMetals #StockMarketNews #Investing
🔸 European mining stocks rise as gold and silver rebound;
🔸 Gold bounces with silver as dip buyers crowd in following slump;
🔸 Australia's central bank raises rates for first time in two years.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money. You can find the full disclaimer here: www.fxopen.com.
#Gold #Silver #PreciousMetals #StockMarketNews #Investing
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Daily Market News with FXOpen - 05 February 2026
🔸 Silver resumes its slide, plunging 13%, after short-lived rebound;
🔸 Dow, S&P 500, Nasdaq futures mixed after Wall Street's tech sell-off deepens;
🔸 XRP crashes to its lowest since Trump’s election win, could slide further to $1.00.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money. You can find the full disclaimer here: www.fxopen.com.
Cryptocurrency CFDs are not available to Retail clients at FXOpen UK.
#markets #silver #commodities #stockmarket #wallstreet #dowjones #nasdaq #cryptocurrency #xrp
🔸 Silver resumes its slide, plunging 13%, after short-lived rebound;
🔸 Dow, S&P 500, Nasdaq futures mixed after Wall Street's tech sell-off deepens;
🔸 XRP crashes to its lowest since Trump’s election win, could slide further to $1.00.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money. You can find the full disclaimer here: www.fxopen.com.
Cryptocurrency CFDs are not available to Retail clients at FXOpen UK.
#markets #silver #commodities #stockmarket #wallstreet #dowjones #nasdaq #cryptocurrency #xrp
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Daily Market News with FXOpen - 06 February 2026
🔸 Gold, silver set for weekly losses on tech selloff, stronger dollar;
🔸 Oil rises as traders focus on US–Iran discussions later Friday;
🔸 Yuan heads for longest weekly winning streak against dollar in 13 years.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money. You can find the full disclaimer here: www.fxopen.com.
#MarketNews #Gold #Silver #OilPrices #Forex #USDollar #Yuan #GlobalMarkets #Commodities
🔸 Gold, silver set for weekly losses on tech selloff, stronger dollar;
🔸 Oil rises as traders focus on US–Iran discussions later Friday;
🔸 Yuan heads for longest weekly winning streak against dollar in 13 years.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money. You can find the full disclaimer here: www.fxopen.com.
#MarketNews #Gold #Silver #OilPrices #Forex #USDollar #Yuan #GlobalMarkets #Commodities
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Silver Price Stabilises
As indicated by today’s ATR reading on the XAG/USD chart, trading activity has returned to the more normal levels seen prior to the third week of January, when:
→ silver entered a phase of exuberant growth towards its record high around the $120 mark;
→ this was followed by a dramatic collapse towards the $75 area.
The volatility indicator has now fallen back to customary levels, suggesting that supply and demand are gradually moving into balance.
Yesterday’s release of weaker US retail sales data could have served as a bullish catalyst for gold and silver, as signs of slowing economic activity ahead of key employment figures tend to increase demand for safe-haven assets. However, this did not occur, reinforcing the view that the market is stabilising.
On 2 February, when analysing the XAG/USD chart, we wrote:
“Even if silver attempts to turn higher under the current conditions of extreme oversold territory, it may encounter a strong resistance zone in the $87.5–95 range, where bears previously demonstrated clear dominance by breaking the long-term ascending channel.”
Indeed, the highlighted area not only halted the recovery impulse but also — after forming a head and shoulders reversal pattern — pushed silver down to a lower low.
Price action analysis allows for several important observations:
→ the V-shaped rebound below the psychological $70 level appears to reflect the liquidation of a cascade of buyers’ stop-loss orders, followed by a wave of buying that signals aggressive demand;
→ the bullish gap around $78 now appears to be acting as support.
In light of the above, it is reasonable to conclude that the XAG/USD market may continue developing a consolidation phase, fluctuating between two key zones:
→ resistance near $95;
→ support around $70.
For a long-term outlook on silver prices, see this article.
Start trading commodities with tight spreads*. Learn more about trading commodity CFDs with FXOpen. *Additional fees may apply.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money. You can find the full disclaimer here: www.fxopen.com
This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.
Silver Price Stabilises
As indicated by today’s ATR reading on the XAG/USD chart, trading activity has returned to the more normal levels seen prior to the third week of January, when:
→ silver entered a phase of exuberant growth towards its record high around the $120 mark;
→ this was followed by a dramatic collapse towards the $75 area.
The volatility indicator has now fallen back to customary levels, suggesting that supply and demand are gradually moving into balance.
Yesterday’s release of weaker US retail sales data could have served as a bullish catalyst for gold and silver, as signs of slowing economic activity ahead of key employment figures tend to increase demand for safe-haven assets. However, this did not occur, reinforcing the view that the market is stabilising.
On 2 February, when analysing the XAG/USD chart, we wrote:
“Even if silver attempts to turn higher under the current conditions of extreme oversold territory, it may encounter a strong resistance zone in the $87.5–95 range, where bears previously demonstrated clear dominance by breaking the long-term ascending channel.”
Indeed, the highlighted area not only halted the recovery impulse but also — after forming a head and shoulders reversal pattern — pushed silver down to a lower low.
Price action analysis allows for several important observations:
→ the V-shaped rebound below the psychological $70 level appears to reflect the liquidation of a cascade of buyers’ stop-loss orders, followed by a wave of buying that signals aggressive demand;
→ the bullish gap around $78 now appears to be acting as support.
In light of the above, it is reasonable to conclude that the XAG/USD market may continue developing a consolidation phase, fluctuating between two key zones:
→ resistance near $95;
→ support around $70.
For a long-term outlook on silver prices, see this article.
Start trading commodities with tight spreads*. Learn more about trading commodity CFDs with FXOpen. *Additional fees may apply.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money. You can find the full disclaimer here: www.fxopen.com
This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.
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Silver Price Breaks February Resistance Line
As seen on the XAG/USD chart, silver has today breached the upper boundary of the descending channel formed by February’s lower highs and lows.
Bullish sentiment is supported by heightened geopolitical tensions and rising demand for safe-haven assets. According to media reports:
→ On Thursday, US President Donald Trump warned Iran that it must reach an agreement on its nuclear programme, or “really bad things” would happen, setting a 10–15 day deadline.
→ In response, Tehran threatened retaliatory strikes on US bases in the region if attacked.
On 11 February, analysing the XAG/USD chart, we noted that silver was consolidating between two key levels:
→ resistance around $87.5–95
→ support near $70
Today’s bullish breakout of the channel’s upper boundary – which acted as resistance in February – can be interpreted as a move towards the $87.5–95 zone.
Confidence for bulls is further reinforced by an inverted head and shoulders (SHS) pattern. If buyers are determined, this should be confirmed by XAG/USD holding above:
→ the channel breakout level near $79
→ the psychological $80 mark.
Start trading commodities with tight spreads*. Learn more about trading commodity CFDs with FXOpen. *Additional fees may apply.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money. You can find the full disclaimer here: www.fxopen.com
This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.
Silver Price Breaks February Resistance Line
As seen on the XAG/USD chart, silver has today breached the upper boundary of the descending channel formed by February’s lower highs and lows.
Bullish sentiment is supported by heightened geopolitical tensions and rising demand for safe-haven assets. According to media reports:
→ On Thursday, US President Donald Trump warned Iran that it must reach an agreement on its nuclear programme, or “really bad things” would happen, setting a 10–15 day deadline.
→ In response, Tehran threatened retaliatory strikes on US bases in the region if attacked.
On 11 February, analysing the XAG/USD chart, we noted that silver was consolidating between two key levels:
→ resistance around $87.5–95
→ support near $70
Today’s bullish breakout of the channel’s upper boundary – which acted as resistance in February – can be interpreted as a move towards the $87.5–95 zone.
Confidence for bulls is further reinforced by an inverted head and shoulders (SHS) pattern. If buyers are determined, this should be confirmed by XAG/USD holding above:
→ the channel breakout level near $79
→ the psychological $80 mark.
Start trading commodities with tight spreads*. Learn more about trading commodity CFDs with FXOpen. *Additional fees may apply.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money. You can find the full disclaimer here: www.fxopen.com
This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.
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Daily Market News with FXOpen - 24 February 2026
🔸 Gold falls from three-week high on profit-booking, firm dollar;
🔸 Asian shares are mixed after heavy selling of potential AI losers hits Wall Street;
🔸 Oil edges higher as traders assess outlook for Iran nuclear deal.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money. You can find the full disclaimer here: www.fxopen.com.
#Gold #Silver #OilPrices #ForexMarket #USDollar #StockMarket #AsianMarkets #WallStreet #Commodities
🔸 Gold falls from three-week high on profit-booking, firm dollar;
🔸 Asian shares are mixed after heavy selling of potential AI losers hits Wall Street;
🔸 Oil edges higher as traders assess outlook for Iran nuclear deal.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money. You can find the full disclaimer here: www.fxopen.com.
#Gold #Silver #OilPrices #ForexMarket #USDollar #StockMarket #AsianMarkets #WallStreet #Commodities
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#silver #XAGUSD #commodities #marketanalysis #MarketNews
The Price of Silver Is Recovering After a Two-Day Decline
As can be seen on the XAG/USD chart, the price of silver is recovering after forming yesterday’s low below the $79 level. The price per ounce has already exceeded $86 today (+10% in less than 24 hours!).
Volatility in the silver market is being driven by fluctuations in the US dollar, as well as military action in the Middle East, which is fuelling concerns about a prolonged regional conflict. According to media reports:
→ Yesterday, Israel carried out a strike on a building where religious figures had gathered to elect a new Supreme Leader.
→ Following the death of Ali Khamenei, he was succeeded by his son Mojtaba Khamenei. Although some sources consider him the leading candidate (no official statements have yet been made), this has raised concerns that the new Iranian leadership may continue existing policies — increasing uncertainty over the outcome of the conflict.
On 20 February, when analysing the XAG/USD chart, we:
→ highlighted the importance of the $95 resistance level;
→ suggested that the price of silver could consolidate above the breakout level of the descending channel around $79 (shown in red), reinforced by the psychological $80 mark.
Indeed, our assumptions were reflected in the formation of a zigzag pattern, with a bearish reversal at the A peak and a bullish reversal at yesterday’s low B. Notably, these and other key extremes make it possible to outline the contours of an upward trajectory (shown in blue).
It is quite possible that the upward movement observed this morning will continue during the US trading session, allowing XAG/USD to reach the blue median line. Price action at that point may provide important clues — if the median does not show signs of resistance, this may be interpreted as an indication of further upside potential.
Start trading commodities with tight spreads*. Learn more about trading commodity CFDs with FXOpen. *Additional fees may apply.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money. You can find the full disclaimer here: www.fxopen.com
This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.
The Price of Silver Is Recovering After a Two-Day Decline
As can be seen on the XAG/USD chart, the price of silver is recovering after forming yesterday’s low below the $79 level. The price per ounce has already exceeded $86 today (+10% in less than 24 hours!).
Volatility in the silver market is being driven by fluctuations in the US dollar, as well as military action in the Middle East, which is fuelling concerns about a prolonged regional conflict. According to media reports:
→ Yesterday, Israel carried out a strike on a building where religious figures had gathered to elect a new Supreme Leader.
→ Following the death of Ali Khamenei, he was succeeded by his son Mojtaba Khamenei. Although some sources consider him the leading candidate (no official statements have yet been made), this has raised concerns that the new Iranian leadership may continue existing policies — increasing uncertainty over the outcome of the conflict.
On 20 February, when analysing the XAG/USD chart, we:
→ highlighted the importance of the $95 resistance level;
→ suggested that the price of silver could consolidate above the breakout level of the descending channel around $79 (shown in red), reinforced by the psychological $80 mark.
Indeed, our assumptions were reflected in the formation of a zigzag pattern, with a bearish reversal at the A peak and a bullish reversal at yesterday’s low B. Notably, these and other key extremes make it possible to outline the contours of an upward trajectory (shown in blue).
It is quite possible that the upward movement observed this morning will continue during the US trading session, allowing XAG/USD to reach the blue median line. Price action at that point may provide important clues — if the median does not show signs of resistance, this may be interpreted as an indication of further upside potential.
Start trading commodities with tight spreads*. Learn more about trading commodity CFDs with FXOpen. *Additional fees may apply.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money. You can find the full disclaimer here: www.fxopen.com
This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.
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#silver #commodities #marketanalysis #MarketNews
XAG/USD Analysis: Silver Drops to March Low
As seen on the XAG/USD chart, the price of silver fell to the $70 level and briefly pierced it, marking the lowest level since early February.
Although geopolitical tensions typically support demand for safe-haven assets, silver is under pressure from expectations of a fresh inflationary surge driven by rising energy prices (as noted earlier, Brent crude has risen above $110).
Yesterday’s “hawkish” comments from Federal Reserve Chair Jerome Powell also played a role. The Fed maintained interest rates, signalling that any future cuts would only occur if inflation stabilises.
Technical Analysis of XAG/USD
On 4 March, analysing the XAG/USD chart, we:
→ drew a blue ascending channel;
→ suggested that price action around the channel’s median could provide key signals.
Over time, the median proved to be a strong resistance. By 10 March, point C had formed, after which:
→ on 13 March, the blue channel was breached;
→ on 17 March, price showed an intraday bearish reversal from the breakout level.
Trading volume analysis indicates that the market remains under considerable pressure.
Although the long lower shadow on the candle near the psychological $70 mark indicates some buyer activity, the overall picture remains bearish. A red descending channel can be drawn on the silver price chart, with its median potentially acting as resistance in the near term, thereby confirming the validity of the constructed channel.
Start trading commodities with tight spreads*. Learn more about trading commodity CFDs with FXOpen. *Additional fees may apply.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money. You can find the full disclaimer here: www.fxopen.com
This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.
XAG/USD Analysis: Silver Drops to March Low
As seen on the XAG/USD chart, the price of silver fell to the $70 level and briefly pierced it, marking the lowest level since early February.
Although geopolitical tensions typically support demand for safe-haven assets, silver is under pressure from expectations of a fresh inflationary surge driven by rising energy prices (as noted earlier, Brent crude has risen above $110).
Yesterday’s “hawkish” comments from Federal Reserve Chair Jerome Powell also played a role. The Fed maintained interest rates, signalling that any future cuts would only occur if inflation stabilises.
Technical Analysis of XAG/USD
On 4 March, analysing the XAG/USD chart, we:
→ drew a blue ascending channel;
→ suggested that price action around the channel’s median could provide key signals.
Over time, the median proved to be a strong resistance. By 10 March, point C had formed, after which:
→ on 13 March, the blue channel was breached;
→ on 17 March, price showed an intraday bearish reversal from the breakout level.
Trading volume analysis indicates that the market remains under considerable pressure.
Although the long lower shadow on the candle near the psychological $70 mark indicates some buyer activity, the overall picture remains bearish. A red descending channel can be drawn on the silver price chart, with its median potentially acting as resistance in the near term, thereby confirming the validity of the constructed channel.
Start trading commodities with tight spreads*. Learn more about trading commodity CFDs with FXOpen. *Additional fees may apply.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money. You can find the full disclaimer here: www.fxopen.com
This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.
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Silver Price Falls Back Below $70
As can be observed on the XAG/USD chart, the price of silver has once again dropped below the psychological $70 level. At the same time, this week has been marked by sharp fluctuations: on Monday, prices traded below $65, while as recently as yesterday, silver reached $74 per ounce.
Market volatility is being driven by ongoing geopolitical uncertainty. Conflicting statements from the United States and Iran regarding potential peace negotiations continue to unsettle financial markets. According to media reports:
→ Washington maintains that negotiations are ongoing, with the Trump administration reportedly delivering a 15-point proposal to Iran via intermediaries, aimed at resolving the conflict and reopening the Strait of Hormuz.
→ Iran, in turn, has stated that it does not intend to negotiate with the US, rejecting the proposed ceasefire and instead putting forward its own conditions.
On the morning of 19 March, analysing the XAG/USD chart, we:
→ concluded that the market was under significant pressure;
→ identified and plotted a descending channel (marked in red) on the silver price chart;
→ suggested that the channel’s median line could act as near-term resistance, thereby validating the structure.
Indeed, subsequent price action confirmed this framework, as indicated by the arrows:
→ the lower boundary acted as support on the same day;
→ yesterday, price reversed lower from the median line (which shifted from support to resistance), reinforcing the prevailing bearish sentiment observed throughout March.
From a bullish perspective:
→ the break below the 6 February low around the $64 level highlights aggressive demand — so-called “smart money” may have absorbed liquidity in this zone, positioning for higher prices;
→ silver may be in the process of forming an inverse head and shoulders pattern.
However, as long as price continues to trade below the red median line of the active channel, it would be premature to speak of any meaningful bullish conviction.
Start trading commodities with tight spreads*. Learn more about trading commodity CFDs with FXOpen. *Additional fees may apply.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money. You can find the full disclaimer here: www.fxopen.com
This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.
Silver Price Falls Back Below $70
As can be observed on the XAG/USD chart, the price of silver has once again dropped below the psychological $70 level. At the same time, this week has been marked by sharp fluctuations: on Monday, prices traded below $65, while as recently as yesterday, silver reached $74 per ounce.
Market volatility is being driven by ongoing geopolitical uncertainty. Conflicting statements from the United States and Iran regarding potential peace negotiations continue to unsettle financial markets. According to media reports:
→ Washington maintains that negotiations are ongoing, with the Trump administration reportedly delivering a 15-point proposal to Iran via intermediaries, aimed at resolving the conflict and reopening the Strait of Hormuz.
→ Iran, in turn, has stated that it does not intend to negotiate with the US, rejecting the proposed ceasefire and instead putting forward its own conditions.
On the morning of 19 March, analysing the XAG/USD chart, we:
→ concluded that the market was under significant pressure;
→ identified and plotted a descending channel (marked in red) on the silver price chart;
→ suggested that the channel’s median line could act as near-term resistance, thereby validating the structure.
Indeed, subsequent price action confirmed this framework, as indicated by the arrows:
→ the lower boundary acted as support on the same day;
→ yesterday, price reversed lower from the median line (which shifted from support to resistance), reinforcing the prevailing bearish sentiment observed throughout March.
From a bullish perspective:
→ the break below the 6 February low around the $64 level highlights aggressive demand — so-called “smart money” may have absorbed liquidity in this zone, positioning for higher prices;
→ silver may be in the process of forming an inverse head and shoulders pattern.
However, as long as price continues to trade below the red median line of the active channel, it would be premature to speak of any meaningful bullish conviction.
Start trading commodities with tight spreads*. Learn more about trading commodity CFDs with FXOpen. *Additional fees may apply.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money. You can find the full disclaimer here: www.fxopen.com
This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.
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#silver #XAGUSD #commodities #marketanalysis #MarketNews
Silver: Fed Tightens Its Tone as Price Returns to the Volume Profile Zone
Silver came under pressure following the Federal Reserve’s June meeting, at which policymakers kept interest rates unchanged at 3.50–3.75%. Nine of the 18 committee members still see the possibility of a rate increase this year, reinforcing expectations of further monetary tightening. The prospect of rising real yields reduces the appeal of non-interest-bearing assets such as precious metals. An additional restraining factor is geopolitical uncertainty: the Fed noted that inflation remains elevated relative to its 2% target, partly due to supply-side price shocks in the energy sector stemming from the conflict in the Middle East.
Technical Picture
On the four-hour chart of XAGUSD, a bearish trend structure can be identified. Following an attempted breakout and a gap on 15 June, the price encountered resistance near $71.54, after which it declined into the current volume profile area.
The upper boundary of the profile at $68.24 was eventually breached following an initial reaction to the level. The price is currently testing the control zone at $64.306–$64.492 from above, an area that coincides with the consolidation range formed near the end of the previous downward move.
The lower boundary of the profile at $63.411 adds further significance to the POC area, as it lies in close proximity. Below this cluster sits support at $61.54, which could act as an obstacle should the price break lower out of the profile. Current vertical volume readings remain moderate and do not indicate clear dominance by either side of the market. RSI + MAs: 41, 39, 44 — the indicator readings remain below the neutrality zone, while its moving averages are coloured red but continue to move sideways.
Key Takeaways
The technical profile remains cautious: RSI is below the neutrality zone, while trading volume remains moderate and does not yet support a directional move. Federal Reserve rhetoric may prove to be the key driver in the short term. Any softening in the central bank’s tone regarding the future path of interest rates could alter the balance of power around current price levels.
Start trading commodities with tight spreads*. Learn more about trading commodity CFDs with FXOpen. *Additional fees may apply.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money. You can find the full disclaimer here: www.fxopen.com
This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice
Silver: Fed Tightens Its Tone as Price Returns to the Volume Profile Zone
Silver came under pressure following the Federal Reserve’s June meeting, at which policymakers kept interest rates unchanged at 3.50–3.75%. Nine of the 18 committee members still see the possibility of a rate increase this year, reinforcing expectations of further monetary tightening. The prospect of rising real yields reduces the appeal of non-interest-bearing assets such as precious metals. An additional restraining factor is geopolitical uncertainty: the Fed noted that inflation remains elevated relative to its 2% target, partly due to supply-side price shocks in the energy sector stemming from the conflict in the Middle East.
Technical Picture
On the four-hour chart of XAGUSD, a bearish trend structure can be identified. Following an attempted breakout and a gap on 15 June, the price encountered resistance near $71.54, after which it declined into the current volume profile area.
The upper boundary of the profile at $68.24 was eventually breached following an initial reaction to the level. The price is currently testing the control zone at $64.306–$64.492 from above, an area that coincides with the consolidation range formed near the end of the previous downward move.
The lower boundary of the profile at $63.411 adds further significance to the POC area, as it lies in close proximity. Below this cluster sits support at $61.54, which could act as an obstacle should the price break lower out of the profile. Current vertical volume readings remain moderate and do not indicate clear dominance by either side of the market. RSI + MAs: 41, 39, 44 — the indicator readings remain below the neutrality zone, while its moving averages are coloured red but continue to move sideways.
Key Takeaways
The technical profile remains cautious: RSI is below the neutrality zone, while trading volume remains moderate and does not yet support a directional move. Federal Reserve rhetoric may prove to be the key driver in the short term. Any softening in the central bank’s tone regarding the future path of interest rates could alter the balance of power around current price levels.
Start trading commodities with tight spreads*. Learn more about trading commodity CFDs with FXOpen. *Additional fees may apply.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money. You can find the full disclaimer here: www.fxopen.com
This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice
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#XAGUSD #silver #commodities #marketanalysis #trading
XAG/USD Analysis: Silver Surges on Jobs Data, Yields Threaten to End It
Silver has had one of its strongest months in years, but this week's price action shows just how fragile precious metals rallies can be when bond markets get nervous. The metal surged nearly 10% last week after July's Non-Farm Payrolls badly missed expectations, printing a loss of 23,000 jobs, prompting markets to price out any chance of a September Fed hike and reviving safe-haven demand.
That momentum reversed on Tuesday, however, with silver dropping toward $64 as global bond yields spiked to multi-year highs on mounting concerns over government spending and persistent inflationary pressures. Rising oil prices added to the unease, keeping inflation risks firmly in focus even as rate-hike expectations continue to fade.
Beneath the volatility, the structural picture remains supportive: silver continues to draw solid demand from the green energy transition, solar panels, electric vehicles, and AI data centre infrastructure, all keeping a floor under prices. All eyes now turn to the Fed's July meeting minutes and Chair Kevin Warsh's remarks at Jackson Hole, both expected to offer fresh clues on the path ahead for rates.
Technical Analysis of XAG/USD
As XAG/USD chart shows, silver broke above its descending trendline from June's highs in early August, a genuine shift after weeks of decline, and has since been holding above the 0.382 Fibonacci retracement near 62.88, right where the 200-period EMA also sits nearby at 62.27. The broader recovery has been building on an ascending trendline off the mid-July lows.
Bullish Scenario
Should buyers defend this 0.382-EMA confluence and push higher, the path would open toward a retest of the 66.73 highs, the 0 Fibonacci level marking the origin of the entire decline. A confirmed break above that zone would signal the correction is fully over.
Bearish Scenario
Conversely, a break below the 0.382 retracement and the ascending trendline would expose the 0.5 level near 61.69, with a deeper slide risking a retest of the 0.618 retracement around 60.49, or even the triangle apex near 56.64 if selling pressure accelerates.
With price sitting right at the intersection of a reclaimed trendline, the 200-period EMA, and a key Fibonacci level, silver looks poised for a decisive move, will this recovery extend toward fresh monthly highs, or does the recent bond market turmoil drag the metal back into its prior range?
Start trading commodities with tight spreads*. Learn more about trading commodity CFDs with FXOpen. *Additional fees may apply.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money. You can find the full disclaimer here: www.fxopen.com
This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.
XAG/USD Analysis: Silver Surges on Jobs Data, Yields Threaten to End It
Silver has had one of its strongest months in years, but this week's price action shows just how fragile precious metals rallies can be when bond markets get nervous. The metal surged nearly 10% last week after July's Non-Farm Payrolls badly missed expectations, printing a loss of 23,000 jobs, prompting markets to price out any chance of a September Fed hike and reviving safe-haven demand.
That momentum reversed on Tuesday, however, with silver dropping toward $64 as global bond yields spiked to multi-year highs on mounting concerns over government spending and persistent inflationary pressures. Rising oil prices added to the unease, keeping inflation risks firmly in focus even as rate-hike expectations continue to fade.
Beneath the volatility, the structural picture remains supportive: silver continues to draw solid demand from the green energy transition, solar panels, electric vehicles, and AI data centre infrastructure, all keeping a floor under prices. All eyes now turn to the Fed's July meeting minutes and Chair Kevin Warsh's remarks at Jackson Hole, both expected to offer fresh clues on the path ahead for rates.
Technical Analysis of XAG/USD
As XAG/USD chart shows, silver broke above its descending trendline from June's highs in early August, a genuine shift after weeks of decline, and has since been holding above the 0.382 Fibonacci retracement near 62.88, right where the 200-period EMA also sits nearby at 62.27. The broader recovery has been building on an ascending trendline off the mid-July lows.
Bullish Scenario
Should buyers defend this 0.382-EMA confluence and push higher, the path would open toward a retest of the 66.73 highs, the 0 Fibonacci level marking the origin of the entire decline. A confirmed break above that zone would signal the correction is fully over.
Bearish Scenario
Conversely, a break below the 0.382 retracement and the ascending trendline would expose the 0.5 level near 61.69, with a deeper slide risking a retest of the 0.618 retracement around 60.49, or even the triangle apex near 56.64 if selling pressure accelerates.
With price sitting right at the intersection of a reclaimed trendline, the 200-period EMA, and a key Fibonacci level, silver looks poised for a decisive move, will this recovery extend toward fresh monthly highs, or does the recent bond market turmoil drag the metal back into its prior range?
Start trading commodities with tight spreads*. Learn more about trading commodity CFDs with FXOpen. *Additional fees may apply.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money. You can find the full disclaimer here: www.fxopen.com
This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.
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#XAGUSD #silver #commodities #tradingforex #marketanalysis
XAG/USD Analysis: Triangle Breakout Attempt Amid US Treasury Buybacks
On 19 August, the US Treasury announced that it would double the volume of long-term government bond buybacks. The measure led to a noticeable decline in yields at the longer end of the curve and forms part of the Treasury’s broader efforts to contain pressure on long-term borrowing costs. These efforts include market interventions and calls for the Federal Reserve to expand the limits of the FIMA repo facility.
Lower Treasury yields improve the relative appeal of precious metals, which do not generate interest income, providing direct support for silver. Industrial demand is another important factor. Chinese imports of silver-containing ores rose 62.5% year-on-year in June amid expanding production of solar panels and power-grid equipment.
Technical Analysis of Silver
Since 17 July, XAG/USD has been moving within a pronounced uptrend on the four-hour chart. In the upper portion of this advance, a pattern resembling a broadening triangle emerged in mid-August. Unlike a conventional triangle, its boundaries widened rather than converged, reflecting increasing volatility during the consolidation phase.
On 20 August, the price broke above the formation and continued to hold above the current market profile. The breakout candle was accompanied by a noticeable increase in vertical volume compared with the preceding consolidation bars, adding some confirmation to the move.
Following the breakout, silver moved above the profile’s upper boundary at $66.58. If the bullish momentum persists, the next major upside reference is the red resistance level at $69.74.
A return inside the profile would shift attention to the cluster of two important levels: the Point of Control (POC) at $65.165 and the lower profile boundary at $64.345. Their proximity makes this area particularly important for the short-term outlook. If sellers push the price through this cluster, the next potential support could be found around the green level at $62.700.
The RSI + MAs indicator currently shows readings of 66, 56 and 56. The oscillator is trading above the neutral zone, while both moving averages remain below its upper boundary and are only beginning to approach a potential breakout.
Key Takeaways
The breakout above the broadening triangle on increased volume initially points towards further upside, but maintaining prices above the market profile will require additional confirmation.
The $66.58 level is therefore likely to remain important in the near term: holding above it would favour continuation towards $69.74, while a return below the profile could bring the 65.165–64.345 area back into focus.
The broader outlook will also remain sensitive to the direction of US Treasury yields. A continued decline in yields could provide further support for silver, while a renewed rise in long-term yields could limit the metal’s upside.
Start trading commodities with tight spreads*. Learn more about trading commodity CFDs with FXOpen. *Additional fees may apply.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money. You can find the full disclaimer here: www.fxopen.com
This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.
XAG/USD Analysis: Triangle Breakout Attempt Amid US Treasury Buybacks
On 19 August, the US Treasury announced that it would double the volume of long-term government bond buybacks. The measure led to a noticeable decline in yields at the longer end of the curve and forms part of the Treasury’s broader efforts to contain pressure on long-term borrowing costs. These efforts include market interventions and calls for the Federal Reserve to expand the limits of the FIMA repo facility.
Lower Treasury yields improve the relative appeal of precious metals, which do not generate interest income, providing direct support for silver. Industrial demand is another important factor. Chinese imports of silver-containing ores rose 62.5% year-on-year in June amid expanding production of solar panels and power-grid equipment.
Technical Analysis of Silver
Since 17 July, XAG/USD has been moving within a pronounced uptrend on the four-hour chart. In the upper portion of this advance, a pattern resembling a broadening triangle emerged in mid-August. Unlike a conventional triangle, its boundaries widened rather than converged, reflecting increasing volatility during the consolidation phase.
On 20 August, the price broke above the formation and continued to hold above the current market profile. The breakout candle was accompanied by a noticeable increase in vertical volume compared with the preceding consolidation bars, adding some confirmation to the move.
Following the breakout, silver moved above the profile’s upper boundary at $66.58. If the bullish momentum persists, the next major upside reference is the red resistance level at $69.74.
A return inside the profile would shift attention to the cluster of two important levels: the Point of Control (POC) at $65.165 and the lower profile boundary at $64.345. Their proximity makes this area particularly important for the short-term outlook. If sellers push the price through this cluster, the next potential support could be found around the green level at $62.700.
The RSI + MAs indicator currently shows readings of 66, 56 and 56. The oscillator is trading above the neutral zone, while both moving averages remain below its upper boundary and are only beginning to approach a potential breakout.
Key Takeaways
The breakout above the broadening triangle on increased volume initially points towards further upside, but maintaining prices above the market profile will require additional confirmation.
The $66.58 level is therefore likely to remain important in the near term: holding above it would favour continuation towards $69.74, while a return below the profile could bring the 65.165–64.345 area back into focus.
The broader outlook will also remain sensitive to the direction of US Treasury yields. A continued decline in yields could provide further support for silver, while a renewed rise in long-term yields could limit the metal’s upside.
Start trading commodities with tight spreads*. Learn more about trading commodity CFDs with FXOpen. *Additional fees may apply.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money. You can find the full disclaimer here: www.fxopen.com
This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.
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