Silver Price Prediction: XAG Falls Below $68 as Sellers Tighten Grip

Whether this zone can hold is now under observation by commodity traders, hedge funds, and industrial buyers. The price has fallen at a quick pace to ignore recovery expectations and favor support levels and downside risk.

Silver Intraday Depicts Falling Off All Through The Session

XAG/USD was ranked by Investing.com at $67.239, down by -$4.0145, or 5.63%, on the day. The chart indicated that silver was trading higher than $73 at the beginning of the session, but a general downward movement drew the price steadily down. Every effort to regain lost strength, and the market continued to wander toward the lower band of the day through to the close.

The pressure was further added to with performance data on the same Investing.com chart. Silver is down 7.70% in one week and 23.83% in one month. The loss was 14.97% in the three-month reading.

That decrease notwithstanding, six-month performance remained positive at 46.25% and one-year performance at 99.68. That informs the traders that the trend has remained strong in the long term, but the recent correction is much deeper.

Yearly Chart Shows a Sharp Retreat From The 2026 Peak

TradingEconomics placed silver at $67.339, down $3.963, or 5.56%. The one-year chart showed a major rally from the low-$30 range into a spike above $110 earlier in 2026. That peak failed to hold, and price has since rolled over into a broad corrective pattern. The latest move pushed silver close to the lowest levels seen since the start of this year’s breakout phase.

That retreat seen on the TradingEconomics chart matters since it changes the structure traders have been following for months. The market is no longer trending within the robust expansion leg at the end of last year.

It has since reversed way down below the high point and is now trying to establish a more solid bottom. The current zone can determine whether the market will stabilize or will continue to fall back to silver users and investors.

Technical charts keep the market under pressure

TradingView showed silver opening at $71.173, reaching a high of $72.039, falling to a low of $66.778, and closing at $67.504. That left the metal down $3.669, or 5.16%, on the day. Volume rose to 809.54K, which shows the selloff drew strong participation and did not happen in thin trading.

According to the TradingView chart, Bollinger Bands put the upper band at $94.596, the middle band at $79.637, and the lower band at $64.678. Silver was nearly closing in on less than the middle band and only a few dollars below the lower band. That leaves metal in a weak technical stance.

MACD remained negative; the MACD line is at -4.067, the MACD signal line at -2.639, and the histogram at -1.428. Traders should take immediate support of about $66.78 and resistance beginning around $72 and a mid-band around $79.64.