Silver Price Forecast: XAG/USD Strengthens as Bullish Breakout Structure Rallies to $80
The post Silver Price Forecast: XAG/USD Strengthens as Bullish Breakout Structure Rallies to $80 appeared on BitcoinEthereumNews.com.
All the recent charts of X, Investing.com, and TradingView are pointing to silver having broken higher, regained major support, and continues to trade in a bullish tone, although the momentum is beginning to slow towards the end of the move. Silver is soaring again, with XAG/USD trading towards the level of $79 as buyers continue to dominate the short-term trend. The present rally appears to be more than just a bounce. Price has been establishing higher highs and lower lows, and each minor decline has thus far been met with new buying. That keeps the focus on whether silver has the potential to hold the breakout zone and reach new intraday highs. Bullish Continuation Setup Holds Buyers in The Lead A recent X post declares silver a continuation trade that is bullish in the 1-hour chart. It outlines a pure rupture of formation, an effective reassertion of support, and an effective demand area that ratifies buyer muscle. According to the X chart, it displays a steep upward impulse followed by a minor retreat into support and a fresh upward push. The focus of that structure is a retracement zone of about $76.50-$76.80 with a cushion area at $75.50 and an upside range of $78.50-$79.80. On one hand, it cleared off earlier liquidity and retained the retreat rather than falling back into the previous range. Investing.com Shows Good Intraday Progress Additionally, the Investing.com chart places silver at $79.0105, up $3.4300, or 4.54%, on the day. The relocation is not only robust in terms of percentages but also in form. The chart indicates a consistent rise from the low point of 73 to the high point of 79 in about a day and a half. As per the investing.com chart, it has its dips and stops, yet the direction of the trend…
Filed under: News - @ April 14, 2026 9:28 pm