#Silver 📉 Silver at a Crossroads: Temporary Pause or the Beginning of a Deep Correction?
After an impressive rally over the past year, when the price of $XAG soared from mid-$40 to over $80, the precious metal has cooled down noticeably. While “permabulls” are calling for buying, real technical analysis and price action are forcing traders to be more cautious.
A well-known analyst from DeepValue Signals warned: the short-term ascending channel on the daily chart has been broken down. The market has moved from a steady growth to a correction phase.
📊 Key levels that the market is watching:
🛡️ Support zone $70–$72 (Decisive Line): Here is a long-term trend line that has been holding the market since the end of 2025. If the bulls hold this level, the global upward trend will remain in force, and the price will have a chance to return to $80–$82.
🚨 $52-$55 Drop Zone (Plan B): If the $70-$72 support is broken, a cascading drop will quickly redirect the bears' attention here. This is an area of former strong demand, where a serious test of the long-term trend could occur.
🧠 What do the forecasts say?
Despite the local weakness, the global structure of silver still remains bullish. Such pullbacks are a normal phenomenon after strong, prolonged rallies.