Medium Impact XAGUSD XAG Silver

XAG/USD Price Forecast: Defends bearish flag support near mid-$59.00s

Published Jul 07, 2026 9:55 PM Last refreshed Jul 29, 2026 11:05 AM Source: EODHD Event Time: Jul 07, 2026 9:55 PM
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This market news item includes source data powered by EODHD.

XAG/USD Price Forecast: Defends bearish flag support near mid-$59.00s

Source: EODHD - https://www.fxstreet.com/news/xag-usd-price-forecast-defends-bearish-flag-support-near-mid-5900s-202607080155
Published: Jul 07, 2026 9:55 PM

Silver (XAG/USD) trades with a negative bias for the third straight day and hovers around the $59.80 region during the Asian session on Wednesday.

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.