+2.39% for Silver as momentum slowdown meets $80.13 resistance

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Silver gains 2.39% to $75.45 today

Highlights

Safe-haven demand for silver has waned following the U.S. decision to delay military action against Iran, reducing geopolitical risk premiums.
Market focus has shifted to upcoming U.S. Federal Reserve and PMI releases, which may influence silver demand and broader policy expectations.
Silver price trades below key short- and medium-term averages but above long-term support, with high volatility signaling a likely sideways range between $71.50 and $77.50 over the next week.

Safe-haven unwinding as geopolitical tensions recede

Safe-haven demand for silver has eased after U.S. President Donald Trump announced a delay to a planned military strike on Iran, reducing immediate geopolitical risk and diminishing urgency for haven assets. This shift in market sentiment has altered the dynamic around silver demand in recent sessions. Traders are now monitoring upcoming U.S. Federal Reserve and PMI data, which may further influence broader economic and policy expectations.

Oversold signals intensify amid weak trend and mixed momentum

Technical analysis shows XAG trading below the 20-day ($77.64) and 50-day ($76.00) moving averages, while remaining above the 200-day ($73.32) indicator. Resistance lies at the Ichimoku Kijun ($80.13), with the current high-volatility environment reflected in sharply oversold readings from RSI (43.56), Stoch RSI (3.51), CCI (–52.89), and BBP (–1.81). The MACD issues a strong buy signal, but ADX is muted at 20.11 with a sell forecast, highlighting weak underlying trend strength. The Awesome Oscillator remains neutral, reflecting indecision after a session of intraday bullish momentum.

Upside chances hold as consolidation likely within volatility band

In the coming sessions, XAG is expected to trade in a typical volatility band between $71.50 and $77.50, driven by recent swings. The probability of upward movement remains high, with an estimated chance above 80%. The primary scenario is price consolidation within this corridor; a move and sustained close above the $80.13 resistance would support a new bullish leg, while a drop below the $73.30 long-term support could trigger a fresh wave of selling.

Anton Kharitonov, expert at Traders Union, sees the recent easing of safe-haven demand as a sign of softer conviction in silver’s immediate upside. The trend remains technically fragile, with resistance clustered at $80.13 and mixed momentum readings. Kharitonov remains cautious, noting the likelihood of price consolidation until a clear breakout occurs. "Until silver closes decisively above $80.13, I view any rallies as vulnerable to reversal."

Earlier, analysts noted that heightened geopolitical tensions had fueled safe-haven demand and volatility in the silver market, supporting a sideways consolidation outlook. With the recent easing of Middle East risk and macroeconomic events now in focus, traders should closely watch for a potential shift from consolidation if upcoming U.S. economic data catalyze a decisive move beyond the current $71.50–$77.50 range.

Source of Data: XAG Price Analysis by TU

The analysis is based on a proprietary model combining technical, on-chain, and expert data. Not investment advice. See methodology

The information is based on forecasts and does not constitute investment advice or a guarantee of future results. Market conditions may change. See our Disclaimer and Editorial Integrity for details.