$XAG ๐ Current Price Action (Today)
Silver spot (XAG/USD) is trading around $86โ$87 per ounce with some recent weakness after a sharp pullback from recent highs. ๏ฟฝ
XAG Today
This follows a ~10%+ drop over recent sessions as strength in the US Dollar weighed on precious metals. ๏ฟฝ
FXStreet +1
Short-term volatility remains elevated, and silver is struggling to regain upward momentum compared with gold, which is dominating safe-haven flows. ๏ฟฝ
FXEmpire
๐ก Technical Signals
Bullish Factors:
โ Price shows bounce attempts after steep corrections โ buyers stepping in near support zones. ๏ฟฝ
โ Long-term structure remains supported by broader macro demand (industrial + monetary). ๏ฟฝ
TMGM
FX Leaders
Bearish Risks:
โ Failed break above recent highs leaves silver vulnerable to further pullbacks if key supports fail. ๏ฟฝ
โ Momentum indicators are mixed โ lack of clear trend continuation on short timeframes. ๏ฟฝ
FX Leaders
FXStreet
๐ Key Levels to Watch
Immediate Support: ~$82โ$84 โ buyers expected here first. ๏ฟฝ
FX Leaders
Resistance: ~$90โ$94 โ break above needed for renewed upside confidence.#xagcrashed #XAGUSDTๅฎๆๆๅ $XAG $XAG
