{
  "id": 5468978,
  "title": "Silver Price Forecast: XAG/USD trades below $67.00 amid mixed setup as US NFP looms",
  "url": "https://urgent.news/2026/09/04/silver-price-forecast-xag-usd-trades-below-67-00-amid-mixed-setup-as",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-04T02:23:59.000Z",
  "source": {
    "name": "FXStreet",
    "slug": "fxstreet",
    "url": "https://www.fxstreet.com/news/silver-price-forecast-xag-usd-trades-below-6700-amid-mixed-setup-as-us-nfp-looms-202609040223"
  },
  "original_language": "en",
  "account": "Silver (XAG/USD) struggles to maintain its upward momentum on Friday, falling below $67.00 amid mixed market sentiment as Wall Street braces for the release of the United States Nonfarm Payrolls (NFP) report. Currently down 0.30% for the day, the precious metal remains under pressure as traders anticipate the economic data release. With expectations fading for an interest rate hike by the U.S. Federal Reserve (Fed) in September and falling U.S. bond yields, the U.S. Dollar (USD) is hovering near its lowest level in over a week, potentially benefiting USD-denominated commodities including XAG/USD. However, technical indicators suggest caution for bullish traders, as the price trades below both the 200-day Simple Moving Average (SMA) at $72.84 and a mid-range Fibonacci retracement level during the May-July decline. Mixed momentum indicators, with the Relative Strength Index in the mid-50s and MACD slipping into negative territory, hint at waning upside pressure, validating a cautious outlook for the near term. To trigger a potential upside reversal, XAG/USD must surpass key resistance levels at the 38.2% retracement at $67.83, the 50.0% retracement at $71.89, and the 200-day SMA at $72.84. Conversely, a sustained drop below these levels could expose the 23.6% Fibonacci retracement level at $62.81 and the long-term support at the prior cycle low around $54.69, should selling pressures intensify.",
  "summary": "Silver (XAG/USD) edges lower during the Asian session on Friday, snapping a two-day winning streak to the weekly high set the previous day.",
  "key_points": [
    "Silver price trades below $67.00 amid mixed market sentiment",
    "US NFP report looms, causing uncertainty for traders",
    "Technical indicators suggest caution for bullish outlook"
  ],
  "editors_take": "The mixed market sentiment and technical indicators suggest a cautious outlook for silver in the near term, with potential upside reversal contingent on surpassing key resistance levels.",
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "FXStreet",
        "title": "EUR/USD Price Forecast: Strong recovery from 100-day MA ahead of US NFP data",
        "url": "https://urgent.news/2026/09/04/eur-usd-price-forecast-strong-recovery-from-100-day-ma-ahead-of-us",
        "published": "2026-09-04T03:20:10.000Z"
      }
    ]
  },
  "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."
}