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Silver Price Alert: Critical Support Tested Amid Geopolitical Turmoil - What’s Next for the Metal?

Silver Price Alert: Critical Support Tested Amid Geopolitical Turmoil - What’s Next for the Metal?

WatcherWGuru
Release Time:
2026-04-10 06:00:00
0

SILVER PRICES FLASH CRITICAL WARNING as the precious metal faces intense pressure from escalating geopolitical conflict, with analysts now forecasting a potential 10% correction. While gold shows tentative signs of recovery, silver's trajectory remains dangerously mixed, leaving traders questioning whether key support levels will hold through the current market storm.

Silver Price Update: New Developments

Image of a silver bar

Image Source: Unsplash

The silver price was badly hit as war escalations continue to impact the metal sector. While gold was down significantly from its earlier ATH of $5K to $4.4K, the price of silver was also down, trading at low price thresholds of $70 from $120. Now that the geopolitical unrest has stabilized a bit, the metal sector is now looking forward to seeing new progress, with silver prices aiming for a new direction.

Per Rashad Hajiyev, a leading financial expert, silver price is about to break out of a rising channel, moving towards $90 as its next price target.

Silver is about to breakout from a rising channel formation. If it manages to breakout then next technical resistance comes around $90… pic.twitter.com/ItpZsAk3aX

— Rashad Hajiyev (@hajiyev_rashad) April 8, 2026

Moreover, another notable analyst, the long investor on X, shared another price update for silver. The expert shared that silver is becoming attractive again, gaining momentum at present.

SILVER

I shared this chart on the 26th of Jan, that Silver would hit $120 and complete Wave 3 and pull back to the $70's for Wave 4 next

4 Day's later Silver topped out at $121 and is now at $74.

Parabolic moves toward strong Fib resistance levels mean you sell, which we did.… pic.twitter.com/y07ldm9dBu

— The Long Investor (@TheLongInvest) April 9, 2026

What’s Next For Silver

As silver continues to rise up on the radar, Hajiyev has once again predicted a new price level for the asset to claim in the future. Per the expert, the silver price may surge and spike to hit a new high of $300 once it starts to recover with grounded market support.

Declining cycle in the gold to silver ratio (GTS) that resulted silver going to a triple digit was initiated in April 2025.
Here we are a year later in April 2026. My minimum target for the GTS is 25 in the next declining cycle. With gold price at $7.5k and GTS at 25, silver… pic.twitter.com/p8fKd9qaww

— Rashad Hajiyev (@hajiyev_rashad) April 5, 2026

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