Silver Price Forecast: Stuck Below $32.50, Sorted by the 50-day EMA – FXStreet

In the precious metals market, silver remains a focal point, with the XAG/USD still languishing below the $32.50 marker. Although the commodity has seen a barrage of fluctuations recently, the resilience of the 50-day Exponential Moving Average (EMA) can’t be overlooked.

This key technical indicator continues to provide significant support to the silver price, thereby insulating it from a free-fall scenario. Despite the gray cloud of bearish conjectures, silver seems to be bracing for volatility rather than a conclusive downtrend.

The last ten trading sessions have witnessed an impressive display of silver’s mettle, with the metal almost obstinately holding onto its position vis-a-vis the dollar. The silver price has demonstrated a tendency to regress to the 50-day EMA, showing an elasticity that is quite promising for future price actions.

While awaiting more definitive directional cues from the market, investors are cautioned to brace for potential choppy waters. The battle between precious metal bulls and bears is on in full swing and the 50-day EMA continues to play its role as the fortress of support. This is an account of the way silver is shaping up in the current bustling market environment, as of April 15, 2025. Read More