Medium Impact XAGUSD XAG Silver

Silver Price Forecast: XAG lower highs structure holds, bears eye $55

Published Jul 23, 2026 3:28 PM Last refreshed Jul 29, 2026 11:04 AM Source: EODHD Event Time: Jul 23, 2026 3:28 PM
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Silver Price Forecast: XAG lower highs structure holds, bears eye $55

Source: EODHD - https://www.fxstreet.com/news/silver-price-forecast-xag-lower-highs-structure-holds-bears-eye-55-202607231928
Published: Jul 23, 2026 3:28 PM

Silver price dives over 3.80% on Thursday as the precious metals segment tumbles amid overall US Dollar strength and heightened risk aversion amid heightened tensions in the Middle East. The XAG/USD trades at $57.62 after hitting a weekly high of $60.94.

Market context: This update is relevant to silver traders, with XAGUSD as the primary instrument to monitor for follow-through, trend continuation, or headline volatility.