The post Silver Forecast: XAG/USD eyes deeper fall while below 200-EMA appeared on BitcoinEthereumNews.com.

Silver (XAG/USD) is seen extending the previous day’s modest pullback from the weekly high and drifting lower during the Asian session on Thursday. The white metal currently trades just below mid-$73.00s, down 2.0% for the day, and seems vulnerable to slide further. The overnight failure ahead of the 200-period Exponential Moving Average (EMA) pivotal hurdle on the 4-hour chart and a subsequent weakness below the 38.2% Fibonacci retracement of the March downfall favor the XAG/USD bears. Moreover, the Relative Strength Index (RSI) at 48.18 sits close to neutral, while the Moving Average Convergence Divergence (MACD) has slipped marginally below zero with a softening histogram. This hints that upside momentum is fading rather than building for an immediate recovery. On the topside, initial resistance is located at the 38.2% Fibo. retracement at $74.53, with the 200-period EMA on the 4-hour chart at $76.76 reinforcing a cap ahead of the 50.0% retracement at $78.68. On the downside, the 23.6% Fibo. retracement at $69.41 could offer the first notable support, ahead of a more substantial structural floor near the cycle low at $61.12. (The technical analysis of this story was written with the help of an AI tool.) XAG/USD 4-hour chart Silver FAQs Silver is a precious metal highly traded among investors. It has been historically used as a store of value and a medium of exchange. Although less popular than Gold, traders may turn to Silver to diversify their investment portfolio, for its intrinsic value or as a potential hedge during high-inflation periods. Investors can buy physical Silver, in coins or in bars, or trade it through vehicles such as Exchange Traded Funds, which track its price on international markets. Silver prices can move due to a wide range of factors. Geopolitical instability or fears of a deep recession can make Silver…

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Filed under: News - @ April 9, 2026 2:17 am