2026-09-02 · METALS
Silver / USD (XAGUSDT) Daily Analysis
HOLD
35% confidence · 64.7 USD
TREND
XAGUSDT is currently trading below its 9-day (66.72), 21-day (65.46), and 50-day (64.87) Exponential Moving Averages, indicating a short to medium-term bearish trend.
SUMMARY
Yesterday's analysis suggested a BUY at 67.5 USD with 60% confidence. Today, XAGUSDT has seen a significant decline, trading at 64.7 USD, causing our signal to flip from BUY to HOLD, with confidence weakening to 35%. The price is now below the 9-day (66.72), 21-day (65.46), and 50-day (64.87) EMAs, indicating a bearish short to medium-term trend. While MACD remains bullish at 1.46, the RSI is neutral at 49.2, and neutral candlestick patterns like Doji and Spinning Top suggest market indecision.
SUPPORT
61.44
RESISTANCE
71.16
TIMEFRAME BIAS
The short-term bias is bearish as price is below the 9-day and 21-day EMAs, while the medium-term bias is also bearish as price is below the 50-day EMA. Long-term trend cannot be assessed without EMA200 data.
PATTERNS
Doji: Indecision — market at crossroads | Spinning Top: Indecision between buyers and sellers