Silver (XAGUSD) Technical Snapshot: Price Sits 51.7% Below Its 52-Week High

Silver (XAGUSD) last traded at 58.77, up 4.31% on the session.

Trend and Moving Averages

The structure reads as a downtrend (price below the 50-day, 50-day below the 200-day). Price sits essentially on top of its 20-day average, just 0.17% below the SMA20 at 58.8629. The gap widens further out: XAGUSD is 9.0% under its 50-day (64.5789) and 21.44% below its 200-day (74.8013), the descending alignment that defines the current trend label.

Momentum, Volatility and Range

Momentum is middling. The 14-day RSI reads 45.5, placing it in neutral territory (30-70) — neither an overbought nor an oversold reading.

Volatility is meaningful in percentage terms. The 14-day ATR stands at 2.4516 in price, equal to 4.17% of the current price, so daily ranges have been sizeable relative to the level of the metal.

On the broader range, price is 51.68% below its 52-week high of 121.61 and 29.08% above its 52-week low of 45.52. Nearer by, the 20-day swing high sits at 63.26 and the 20-day swing low at 54.76 — the latter also marking the 60-day swing low. The 60-day swing high, well overhead, is at 89.36. These are prior turning points from the data, offered only as reference markers.

Over longer windows, performance is mixed: up 1.73% on the week and 25.57% over the year, but down 0.44% on the month and 26.84% over the quarter.

Descriptive technical summary generated by the ForexBullion Research Team from our own price feed. Not investment advice.