Silver Price Forecast: XAG/USD awaits move beyond $50.00 to extend recovery from YTD low
Silver (XAG/USD) edges higher at the start of a new week, recovering a part of Friday's heavy losses to sub-$49.00 levels, or a fresh low since November 2025.
Silver prices in XAG/USD are currently hovering near the $50.00 psychological mark, up 1.70% for the day after recovering from a low not seen since November 2025. Technical analysis indicates that the metal remains capped near the 23.6% Fibonacci retracement level at $50.22, with the 100-hour Exponential Moving Average providing bearish support.
Despite a slight improvement in momentum indicators, a break above $50.00 could face resistance at the broader congestion zone defined by the 38.2% level at $51.06 and 50.0% retracement at $51.74. The Relative Strength Index has moved out of oversold territory, suggesting a potential rebound rather than a clear bullish reversal.
Factors such as investment demand, mining supply, and recycling rates, along with global economic developments, can impact Silver prices.
Written by urgent.news from FXStreet's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
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