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Silver Price Forecast: XAG/USD holds steady above $84.00; seems vulnerable
Silver (XAG/USD) trades with a positive bias for the second straight day on Thursday, though it lacks follow-through buying and remains confined in the previous day's broader range. The white metal holds above the $84.00 mark during the Asian session, up over 1% for the day. The near-term bias is mildly bearish as the XAG/USD retreats from last week’s $86 area while holding below the rising 100-period Simple Moving Average (SMA) on the 1-hour chart. The said SMA is pegged near $88 and should now act as overarching dynamic resistance. The Moving Average Convergence Divergence (MACD) indicator edges back toward the ... (full story)
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- Mar 4, 2026 10:05pm Posted byTechnical Analysis189
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