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Silver (XAG/USD) Price Prediction: Can Silver Sustain Its 22% Rebound From $72–$73 Support Toward $92 Resistance?

Silver (XAG/USD) Price Prediction: Can Silver Sustain Its 22% Rebound From $72–$73 Support Toward $92 Resistance?

Published:
2026-02-07 20:12:02
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BTCCSquare news:

Silver prices have staged a dramatic recovery, rebounding 22% from the $72–$73 support level after an aggressive sell-off briefly pushed valuations into the low-$60s. The metal’s volatility underscores its sensitivity to liquidity conditions and shifting risk sentiment.

Intraday swings exceeded 9% during Asian and early European trading, with XAG/USD spot pricing surging from $63.90 to $77–$78 within 24 hours. Such extreme moves are rare, highlighting the current market’s instability.

The rebound follows a steep 30% decline from late 2025 futures highs above $120, driven by tighter financial conditions and broad de-risking across commodities. Analyst Father of the Space notes silver’s recent stabilization NEAR $72–$73 could signal a base for further upside toward $92 resistance.

|Square

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