-
Silver Price Forecast: XAG/USD slips below 50-day SMA on strong US Dollar
Silver price retreats during the North American session on Monday by nearly 1%, after reaching a daily high of $78.20. Overall US Dollar (USD) strength amid thin volume trading as US financial markets remained closed, keeping the white metal within familiar levels, yet down below the 50-day Simple Moving Average (SMA) at $79.45. XAG/USD Price Forecast: Technical outlook: Following the formation of a ‘bearish engulfing’ candle pattern that drove Silver prices from around $83.70 towards the $75.00 area, XAG/USD continued to exchange hands within the $75.00-$80.00 range during the last two trading sessions.
- Comments / Top
- Subscribe
-
Related Stories
From fxstreet.com | Feb 16, 2026
Gold price dives nearly 1% on a thin liquidity trading session on Monday as US markets are closed in observance of Presidents' Day, while China’s new year celebration will keep the markets closed for over a week. At the time of writing, XAU/USD trades at $4,992 after reaching a daily high of $5,054. Market sentiment remains positive, fueled by growing ...
From msn.com | Feb 16, 2026
The silver market delivered a historic performance last year. The long-standing $50-per-ounce all-time high, first established in 1980 and briefly challenged in 2011, was decisively taken out as prices accelerated through successive resistance levels. The move culminated in a spike to $121.78 per ounce, a level few participants had projected at the start of ...
From dailyforex.com | Feb 17, 2026
Silver continues to be very noisy and on Monday had a little bit of an uphill battle anyway because it was Presidents' Day in the United States and that has a major influence on volume and therefore liquidity. We are sitting just below the crucial 50-day EMA. I think that's an area that's worth watching right along with the $80 level. If we can clear the ...
