Silver Price Forecast: Bearish bias holds as XAG/USD struggles below $75

💡 DMK Insight

Silver’s downside pressure highlights the impact of geopolitical tensions on precious metals. With the US-Israel conflict escalating, traders should be cautious as risk-off sentiment often drives investors away from silver. This could lead to further declines, especially if XAG/USD breaks below key support levels. Watch for the $22 mark; a sustained drop below this could trigger more selling. On the flip side, if tensions ease, silver might find a floor as safe-haven demand resurfaces. Keep an eye on broader market indicators, including the US dollar’s strength and any shifts in interest rates, as these will influence silver’s trajectory. The next few days are crucial—monitor how the market reacts to any news from the conflict, as it could create volatility in both directions.