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Silver Price Forecast: XAG/USD trapped below 100-day SMA as US NFP approaches

Published Sep 04, 2026 7:43 AM Last refreshed Sep 04, 2026 10:02 AM Source: EODHD Event Time: Sep 04, 2026 7:43 AM
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This market news item includes source data powered by EODHD.

Silver Price Forecast: XAG/USD trapped below 100-day SMA as US NFP approaches

Source: EODHD - https://www.fxstreet.com/news/silver-price-forecast-xag-usd-trapped-below-100-day-sma-as-us-nfp-approaches-202609041143
Published: Sep 04, 2026 7:43 AM

Silver (XAG/USD) consolidates with marginal losses on Friday following back-to-back daily gains, as traders avoid taking large positions ahead of the US Nonfarm Payrolls (NFP) report.

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.
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