The silver trading pair $XAGUSDT is currently showing significant market volatility. Silver is considered both a safe-haven asset and an industrial metal, meaning its price movement depends heavily on macroeconomic trends and industrial demand.
📊 Current Market Trend
Silver has recently experienced a sharp correction and tested strong support zones. Technical indicators suggest that price has reacted near key demand levels and is showing early signs of stabilization.
Market sentiment is also influenced by fluctuations in the gold-silver ratio, which has kept silver trading below major resistance levels.
📉 Short-Term Technical Outlook
👉 Support Zones
• $71 – $83 strong demand area
• A breakdown below this zone may increase bearish pressure
👉 Resistance Zones
• $94 – $102 strong supply area
• A breakout above this level may trigger bullish momentum
Price action is currently forming higher lows, which may signal base formation, although strong bullish confirmation is still pending.
📈 Fundamental Analysis
✔ Rising demand from solar energy and electronics industries
✔ Ongoing global silver supply deficit
✔ Strong safe-haven demand during economic uncertainty#XAGUSDT