Silver (XAGUSD) trades at 66.32, down 4.07% on the session.

Trend and moving averages

The daily structure is described as below the 200-day average but with a mixed short-term picture. Price sits just 0.21% above its 20-day average (66.18) and a firmer 7.36% above the 50-day (61.77), while the 200-day line at 74.18 remains 10.6% overhead. That places short-term averages beneath the long-term one, the arrangement behind the mixed reading.

Momentum and volatility

RSI(14) reads 53.6, sitting in neutral territory between 30 and 70. The 14-day ATR is 2.4804, equal to 3.74% of the current price. That absolute volatility sits at the 44th percentile against silver’s own past year, close to the middle of its 12-month range rather than at an extreme.

Within its range, price sits 45.47% below the 52-week high of 121.61 and 67.8% above the 52-week low of 39.52. The range-position figure of 33 places the last price in the lower third of that 12-month span. The 52-week high was set 180 sessions ago, while the low dates back 310 sessions, so both extremes are distant. Nearer swing structure shows a 20-day high of 71.16 and a 20-day low of 60.86; over 60 days the high is the same 71.16 while the low extends to 54.76.

Weekly picture

The weekly frame echoes the daily one: it is described as below the 50-week average but with a mixed short-term structure. Price sits 2.53% under its 20-week average (68.04) and 2.21% under its 50-week average (67.82), with those two weekly averages closely clustered. The weekly RSI(14) is 49.6, marginally below the daily reading but likewise neutral. Last week closed down 4.36%, matching the daily-session tone, so the two timeframes broadly agree in leaning soft in the short term while sitting below their longer averages.

Performance across horizons is split. The past week is down 4.36% and the quarter is down 12.23%, yet the trailing month is up 15.18% and the trailing year shows a 67.2% gain, so recent softness stands against a strong 12-month advance.

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