{
  "id": 7317040,
  "title": "Silver Price Forecast: Head-and-shoulders neckline comes under pressure",
  "url": "https://urgent.news/2026/09/14/silver-price-forecast-head-and-shoulders-neckline-comes-under-pressure",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-14T12:17:23.000Z",
  "source": {
    "name": "FXStreet",
    "slug": "fxstreet",
    "url": "https://www.fxstreet.com/news/silver-price-forecast-head-and-shoulders-neckline-comes-under-pressure-202609141217"
  },
  "original_language": "en",
  "account": "Silver prices are experiencing pressure at the start of the week, with a focus on the Federal Reserve's upcoming monetary policy meeting on September 15-16. The metal is trading around $63, down 2.40% for the day due to a stronger US dollar and higher US Treasury yields. Traders are betting on an 86% probability of a quarter-point rate increase, which typically is negative for silver, as it does not offer interest or yield. Inflation data and rising oil prices are adding bearish pressure on the metal, prompting traders to watch the head-and-shoulders neckline near the 50-day Simple Moving Average ($62). If the price falls below this level, it could confirm a bearish formation and lead to a deeper decline. Bullish momentum is weak, with the RSI at 43 and the MACD indicator below zero with a red histogram. Should the neckline hold, silver could consolidate before a potential recovery toward the 100-day SMA at $66. A break above the $62 level would ease immediate bearish pressure, focusing traders on the $70 psychological mark and the 200-day SMA near $73. On the downside, sustained selling below the $62 SMA would expose the $60 psychological mark and the $55 support level. Factors such as geopolitical events, interest rates, currency movements, and industrial demand can influence silver prices, which are often seen as a hedge during high-inflation periods.",
  "summary": "Silver (XAG/USD) trades under pressure at the start of the week, with both the fundamental and technical backdrop pointing to further downside. At the time of writing, XAG/USD trades around $63, down roughly 2.40% on the day.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "FXStreet",
        "title": "Silver Price Forecast: XAG/USD hovers above a key support in the $63.00 area",
        "url": "https://urgent.news/2026/09/14/silver-price-forecast-xag-usd-hovers-above-a-key-support-in-the-63-00",
        "published": "2026-09-14T06:39:04.000Z"
      }
    ]
  },
  "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."
}