The post Silver Price Prediction: XAG Falls Nearly 6% as Sellers Retake Short-Term Control appeared on BitcoinEthereumNews.com.

Silver is under renewed pressure as sellers push XAGUSD down toward the $70.50 area. The latest charts show a sharp daily decline, a failed push above $75, and a market that is now testing whether support near $70 can hold Importantly, that move matters since silver had been trying to stabilize after the March selloff. Instead, the market turns lower again and gives back ground quickly. Traders are now watching whether this drop is a pullback or opens the way to a deeper slide Silver Retreats Sharply After Failing Near $75 The recent Investing.com intraday chart shows silver at $70.792, down $4.285, or 5.71%, on the day. Price swings higher into the $75 to $76 zone during the session, then reverses and drops back toward $70.80 into the close. That intraday move shows sellers overpowering buyers after an early attempt to recover. At the same time, the broader daily Investing.com data confirms the same pattern. Immediate support sits near the daily low at around $69.60, then the $68 to $70 area. Resistance begins near $74.80 to $76.30, where price meets the recent breakdown zone. Silver now needs to reclaim those levels before buyers can regain short-term control. Price Slips Below Key Averages as Pressure Builds At the time of writing, TradingView data indicate XAGUSD opened at $74.799, reached a high of $75.828, fell to a low of $69.606, and closed near $70.561, down 5.99%. That is a large daily reversal, and it leaves silver close to the session low rather than near the middle of the range. Additionally, the TradingView data volume remains active during the decline, with ticks around 174.26K on the daily chart. The longer price structure also shows silver pulling back from much higher levels reached earlier in the year. After peaking above $110 in late January,…

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Filed under: News - @ April 2, 2026 6:21 pm