Silver $XAG plunged over 10% recently and traded near $77/oz in the latest session. �
FXStreet
Earlier declines pushed prices close to $75 support, following a broader metals sell-off and strong US dollar. �
Brave New Coin
Market volatility has been extreme after a historic drop from higher levels and rapid rebounds. �
marketpulse.com
📊 Technical levels (short-term)
Immediate support: $75 → $78 accumulation zone. �
Brave New Coin
Stronger support: around $83 (previous technical level). �
FX Leaders
Resistance: $90 → $96 range if bullish momentum returns. �
FX Leaders
Indicators show short-term bearish pressure, but a bounce is possible if support holds. �
Brave New Coin
📈 Fundamentals driving silver
Bearish factors
Strong US dollar and expectations of tighter Fed policy. �
Brave New Coin
Profit-taking after a massive rally and speculative run. �
Investing.com
Bullish factors
Long-term demand from solar, EV, and industrial use. �
FX Leaders
Safe-haven interest during global economic uncertainty. �
Finance Magnates
🔮 Outlook
Short term: sideways to bearish unless price reclaims $83–$90.
Medium term: consolidation likely between $75–$95.
Long term: bullish bias remains if industrial demand continues and macro risks rise.
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