{
  "id": 449997,
  "title": "Silver Price Forecasts: XAG/USD confirms a bullish H&S targeting $67.17",
  "url": "https://urgent.news/2026/08/10/silver-price-forecasts-xag-usd-confirms-a-bullish-h-s-targeting-67-17",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-08-10T08:11:13.000Z",
  "source": {
    "name": "FXStreet",
    "slug": "fxstreet",
    "url": "https://www.fxstreet.com/news/silver-price-forecasts-xag-usd-confirms-a-bullish-hs-targeting-6717-202608100811"
  },
  "original_language": "en",
  "account": "Silver (XAG/USD) continued its upward trend on Monday, reaching $64.30 after surpassing the $63.30 level from July's peak. The surge occurred after disappointing US Nonfarm Payrolls data on Friday, which led to a dip in the US Dollar Index (DXY) below the 100.00 level. Precious metals, including Silver, saw an increase due to the lower-than-expected job growth figures. Investors are now watching the US Consumer Prices Index (CPI) figures, released on Wednesday, to validate the bullish outlook. The Head & Shoulders (H&S) pattern formed by Silver's price action confirms the trend shift, with momentum indicators indicating that buyers continue to be in control. The measured target of the H&S pattern is $67.17, while the 200-day Simple Moving Average (SMA) aligns with the mid-June high in the mid-$77s. A decline below $63.30 could expose lows around $61.00, prior to the August 5 low at $59.40.",
  "summary": "Silver (XAG/USD) appreciates for the second consecutive day on Monday, trading around $64.30 after confirming above July’s peak in the $63.30 area.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "FXStreet",
        "title": "Silver price today: Silver rises, according to FXStreet data",
        "url": "https://urgent.news/2026/08/10/silver-price-today-silver-rises-according-to-fxstreet-data",
        "published": "2026-08-10T09:31:24.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}