Silver $XAG is trading around $78–$83 per ounce, fluctuating with volatility after big moves in recent sessions. �
XAG Today
Price has seen sharp swings — weekly changes show notable declines from recent highs. �
XAG Today
📉 What’s Happening Right Now
Recent Market Action
Silver has rebounded from deep losses earlier in the week but remains in a choppy environment with wide price swings. �
FXStreet
After parabolic gains and a near-record surge, speculative selling and profit-taking have pressure-tested prices. �
FXEmpire +1
Momentum indicators remain mixed; some technical models show key support zones being tested near lower levels. �
FXEmpire
🧠 Technical Levels to Watch
Support Areas
$75–$80 per ounce: Major structural support zone where buyers have historically stepped in. �
Brave New Coin
Previous lower supports could be closer to $70–$74 if selling pressure re-intensifies. �
FXStreet
Resistance Zones
Around $90–$95: Key upper resistance where price often sees supply pressure. �
Brave New Coin
Above $100: Psychological and technical barrier — breaking this could signal renewed long-term strength. �
TMGM
📈 Short-Term Outlook
Bullish Factors ✔︎ Buying interest near key support ($75–$80) could lift prices if broader markets stabilize. �
✔︎ Some analysts see a potential rebound if a stable base forms after steep corrections. �
Brave New Coin
FXEmpire
Bearish / Risk Indicators ⚠︎ Recent volatility and sharp swings show higher short-term risk and possible further pullbacks. �
⚠︎ A break below the $75 zone might usher in deeper corrective pressure. �
#Silver #silvertrader #SilverMedallion #StrategyBTCPurchase