Silver price remains below $60.00 as the week begins, diving nearly 4% on Monday amid tensions in the Middle East. Hawkish remarks by Federal Reserve (Fed) Governor Christopher Waller underpin the Greenback, which, according to the US Dollar Index (DXY), is up by over 0.28%. The XAG/USD trades at $57.50. XAG/USD price forecast: Technical outlook The downtrend in Silver seems poised to continue as the market structure of successive lower highs and lower lows is respected. Also, the XAG/USD is about to breach the July 8 daily low of $57.22, which if achieved would open the path to test the November 13, 2025 high, which ... (full story)