Silver Price Forecast: XAG/USD remains range-bound with RSI and MACD signaling weak momentum

💡 DMK Insight

Silver’s stuck at $76.00, and here’s why that matters: traders are playing it safe amid US-Iran tensions. With geopolitical uncertainty looming, many are hesitant to make bold moves, keeping silver in a tight range. This cautious sentiment could lead to increased volatility if any news breaks, especially if negotiations take a turn. Watch for a breakout above $78.00 or a drop below $74.00—those levels could trigger significant trading activity. If silver breaks out, it might pull gold along with it, so keep an eye on XAU/USD as well. On the flip side, if tensions ease, we could see a quick sell-off in safe-haven assets like silver. For now, traders should monitor news from the US-Iran talks closely, as any developments could shift sentiment and create trading opportunities.