TRENDING:

GBP/USD

XAU/USD

Silver Price Analysis: XAG/USD faces the 200-DMA at around $21.70s

XAG/USD advances as US Treasury bond yields undermine the US Dollar.
The XAG/USD is testing the confluence of the 50/100/200-day EMAs.
XAG/USD Price Analysis: To remain upwards in the short term, though the rally’s size suggests a mean reversion correction.

Christian Borjon Valencia FXStreet

XAG/USD surges sharply in Monday’s session, up by more than 6% on investors flying to safety. US Treasury bond yields collapsed due to regional bank failure in the United States (US) blamed on higher rates. Therefore, US bond yields collapsing are a tailwind for the white metal prices. At the time of writing, the XAG/USD is trading at $21.76.

XAG/USD Price Action

The white metal is testing solid resistance in the confluence of the 200, 50, and 100-day Exponential Moving Averages (EMAs), each at $21.79, $21.85, and $21.87, respectively. In addition, the Relative Strength Index (RSI) broke above the 50 neutral lines, portraying buying pressure strength. The Rate of Change (RoC) suggests buyers moved aggressively, which could open the door for a mean reversion move. Therefore, traders should be careful.

With XAG/USD breaking above the 200-day EMA would pave the way toward $22.00 a troy ounce. Once done, the XAG/USD next resistance would be $23.00 before testing the February 23 high at $23.59.

In an alternate scenario, the XAG/USD first support would be the 20-day EMA at $21.16. A breach of the latter will expose the $21.00 figure, followed by the March 13 low of $20.50, before falling to YTD lows at $19.92.

XAG/USD Daily Chart

XAG/USD Technical Levels

XAG/USD

Overview
Today last price	21.78
Today Daily Change	1.25
Today Daily Change %	6.09
Today daily open	20.53

Trends
Daily SMA20	21.13
Daily SMA50	22.52
Daily SMA100	22.2
Daily SMA200	20.94

Levels
Previous Daily High	20.79
Previous Daily Low	19.9
Previous Weekly High	21.31
Previous Weekly Low	19.9
Previous Monthly High	24.64
Previous Monthly Low	20.42
Daily Fibonacci 38.2%	20.45
Daily Fibonacci 61.8%	20.24
Daily Pivot Point S1	20.02
Daily Pivot Point S2	19.52
Daily Pivot Point S3	19.13
Daily Pivot Point R1	20.91
Daily Pivot Point R2	21.3
Daily Pivot Point R3	21.81

Author

Christian Borjon Valencia

FXStreet

Christian Borjon began his career as a retail trader in 2010, mainly focused on technical analysis and strategies around it. He started as a swing trader, as he used to work in another industry unrelated to the financial markets.

Markets move fast. We move first.

Orange Juice Newsletter brings you expert driven insights - not headlines. Every day on your inbox.

Editor's Picks

EUR/USD bounces toward 1.1750 as US Dollar loses strength

EUR/USD returned to the 1.1750 price zone in the American session on Friday, despite falling Wall Street, which indicates risk aversion. Trading conditions remain thin following the New Year holiday and ahead of the weekend, with the focus shifting to US employment and European data scheduled for next week.

GBP/USD nears 1.3500, holds within familiar levels

After testing 1.3400 on the last day of 2025, GBP/USD managed to stage a rebound. Nevertheless, the pair finds it difficult to gather momentum and trades with modest intraday gains at around 1.3490 as market participants remain in holiday mood.

Gold trims intraday gains, approaches $4,300

Gold retreated sharply from the $4,400 area and trades flat for the day in the $4,320 price zone. Choppy trading conditions exacerbated the intraday decline, although XAU/USD bearish case is out of the picture, considering growing expectations for a dovish Fed and persistent geopolitical tensions.

Breaking: US Trump strikes Venezuela, claims President Maduro was captured and flown out of the country

United States (US) President Donald Trump has fulfilled his threats and finally struck Venezuela. Different media reports that explosions in Caracas began around 1:50 am local time on Saturday, leaving multiple areas of the city without power.

Economic outlook 2026-2027 in advanced countries: Solidity test

After a year marked by global economic resilience and ending on a note of optimism, 2026 looks promising and could be a year of solid economic performance. In our baseline scenario, we expect most of the supportive factors at work in 2025 to continue to play a role in 2026.

Crypto market outlook for 2026

Year 2025 was volatile, as crypto often is. Among positive catalysts were favourable regulatory changes in the U.S., rise of Digital Asset Treasuries (DAT), adoption of AI and tokenization of Real-World-Assets (RWA).