🚨 Silver Update $XAG
XAGUSDT
دائم
70.28
+1.28%
/USD
Silver is trading near $70.50 📈 despite rising Middle East tensions.
🔥 What’s happening?
Iran-backed Houthis attacked Israeli military sites
Risk of a wider war is increasing
Oil prices may surge → Higher inflation fears
🏦 Fed Outlook:
Rate cuts are now priced out ❌
Only 24.6% chance of a rate hike
Higher rates = pressure on Silver (non-yielding asset)
📊 Technical Analysis:
Price below 20 EMA ($75.90) → Bearish bias
RSI (14) in 20–40 zone → Weak momentum
🎯 Key Levels:
Resistance: $75.90 / $82.50
Support: $67.80 / $61.00
⚠️ Conclusion:
Silver is rising due to war fears, but trend remains bearish below $75.90
💬 What’s your view — Bullish or Bearish on Silver?
❤️ Follow for more market updates & trade setups!