Silver Price Forecast: XAG/USD consolidates as bulls struggle to clear the 21-day SMA

Silver Price Forecast: XAG/USD consolidates as bulls struggle to clear the 21-day SMA

Source: EODHD - https://www.fxstreet.com/news/silver-price-forecast-xag-usd-consolidates-as-bulls-struggle-to-clear-the-21-day-sma-202607241758
Published: Jul 24, 2026 1:58 PM

Silver (XAG/USD) edges higher on Friday as a pullback in Oil prices pushes US Treasury yields lower, while the US Dollar (USD) fluctuates near recent highs. At the time of writing, XAG/USD trades around $58.60, up 2.40% on the day.

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.