# XAG

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$XAG is trading at $82.05, showing a 1.67% loss, sitting near the 24h low of $80.57 and aiming for the 24h high of $85.54. The momentum is sharply bearish after the recent plunge, and if buyers manage to hold above $81.80, we could see a push toward the next resistance at $85.54; otherwise a drop back to the $80.57 support is likely.
Buy Zone: $81.00 – $82.05
TP 1: $83.00
TP 2: $84.50
TP 3: $85.54
SL: $80.57
#XAG
#Rmj-Trades
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Silver shed 1.6% on Thursday, dropping to the $82 area during European hours as the US Dollar staged a notable recovery. The move came after two key data releases out of the United States reminded markets that the economy still has some fight left in it.
ADP's private payrolls report showed 63,000 jobs added in February, beating analyst estimates and cooling some of the recent anxiety around labor market softness. Adding to that, the ISM Services PMI climbed to 56.1 last month from 53.8 previously a reading that signals broad expansion across the services sector and puts a near-term Fed rate c
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#GoldAndSilverSurge
The recent surge in precious metals is a clear reflection of investor sentiment shifting toward safety amid global uncertainties. Here's a deep market analysis:
1️⃣ Gold ($XAU) & Silver ($XAG) Trends:
Gold has broken key resistance levels, signaling strong bullish momentum.
Silver is following suit, with higher volatility due to its industrial demand factors, amplifying price swings.
2️⃣ Drivers of the Surge:
Geopolitical tensions, especially United States vs Iran, increasing risk-off behavior.
Inflation fears and weakening USD are pushing investors toward tangible assets.
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MrFlower_XingChenvip:
To The Moon 🌕
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March 6, 2026 Spot Silver Morning Analysis
Yesterday during the US session, spot silver experienced a sharp decline. It was still volatile during the day, but in the evening, it plunged directly, touching lows around 80.4. It closed near 82.5, erasing many of the previous gains, showing a clear overall weakening trend.
US economic data was relatively strong, reducing expectations of Federal Reserve rate cuts. The dollar and US Treasury yields rose, increasing the cost of holding silver, leading to capital outflows. Additionally, after a significant rally earlier, a large amount of profit-takin
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MasterChuTheOldDemonMasterChuvip:
Good afternoon. As the Year of the Horse unfolds gradually, may this noon bring you a touch of comfort and a little more smoothness.
#xag Silver continues to be bullish. Keep long positions, profit and hold.
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