Silver (XAG) Technical Analysis: Key Support Levels Under Watch

metaverse_hermit · 2026-02-12T16:19:36+00:00

The precious metals market shows mixed signals as silver struggles at its support level of 80, while gold holds steady at 4,921.2. Silver's performance is volatile, with potential declines toward 71 or 60, whereas gold demonstrates relative strength.

metaverse_hermit

2026-02-12 16:19:36

Abstract generation in progress

The precious metals market is showing a mixed picture as gold and silver navigate critical technical junctures. Silver (XAG) is currently trading at 77.74, down 6.13% and facing pressure at its immediate support level of 80. The situation demands close attention, as a break below this zone would open the door to further downside toward the 71 level—a secondary support that cannot be ignored in the current market structure.

Gold Holds Its Ground While Silver Struggles

Gold (XAU) is performing relatively better at 4,921.2, down 2.57%, as it continues to maintain its major trendline at 4,530. This holds true so far, keeping price action within the safer zone. The contrast between gold’s resilience and silver’s weakness is noteworthy. While gold appears to be holding its critical support, silver faces more immediate pressure, making the XAG market the key focal point for traders monitoring precious metals momentum.

Silver’s Primary Trendline Defines Downside Risk for XAG

Silver’s primary trendline sits much lower at the 60 level, providing a secondary guardrail should current support fail. The XAG/USD pair must anchor above 80 to maintain near-term bullish structure. Both gold and silver continue to occupy their “golden zones”—the key support areas that define risk management parameters for traders. A sustained break below silver’s 80 support would shift the narrative significantly and test the resolve of bulls in the precious metals complex.

Market Structure: Where Silver (XAG) Stands Now

With XAG trading below its recent highs and gold showing relative strength, the technical setup suggests cautious optimism for gold while warranting heightened vigilance on silver. The 6.13% decline in XAG reflects broader market dynamics affecting precious metals. Traders should monitor whether silver can stabilize above 80 or if a deeper correction toward the 71 and eventually 60 levels unfolds. The trendline structure in both commodities remains intact, but silver’s pressure puts it at the center of near-term price action.

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