Silver Price Forecast: XAG/USD falls to near $58.00 due to...

Silver Price Forecast: XAG/USD falls to near $58.00 due to prevailing bearish bias

Published Jul 13, 2026 3:51 AM Last refreshed Jul 29, 2026 11:04 AM Source: EODHD Event Time: Jul 13, 2026 3:51 AM

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Silver Price Forecast: XAG/USD falls to near $58.00 due to prevailing bearish bias

Source: EODHD - https://www.fxstreet.com/news/silver-price-forecast-xag-usd-falls-to-near-5800-due-to-prevailing-bearish-bias-202607130751
Published: Jul 13, 2026 3:51 AM

XAG/USD struggles for the second consecutive day, trading around $58.20 per troy ounce during the European hours on Monday. The technical analysis of the daily chart shows that the spot price is remaining within the descending channel pattern, suggesting a prevailing bearish bias.

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.