Trading status

Trading can continue with disciplined risk controls.

As of February 24, 2026, silver (XAG/USD) is trading at approximately $88.20 per troy ounce, maintaining a positive bias. The Relative Strength Index (RSI) is at 54, indicating modest bullish momentum. The price remains above both the nine-day and 50-day Exponential Moving Averages (EMAs), suggesting a sustained short-term uptrend. (fxstreet.com)

Macro Drivers:

Geopolitical Tensions: Renewed tensions between the U.S. and Iran, along with uncertainties surrounding U.S. tariff policies, have driven investors toward safe-haven assets like silver. (minelistings.com)

Industrial Demand: Growing industrial applications, particularly in solar energy and electronics, continue to support silver's demand. (minelistings.com)

Technical Guidance:

Support Levels: The nine-day EMA near $83.03 serves as immediate support. (fxstreet.com)

Resistance Levels: A sustained move above $92.75 would confirm bullish continuation. (fxstreet.com)

Technical guidance

Monitor support at $83.03 and resistance at $92.75. An RSI above 50 suggests bullish momentum; below 50 indicates bearish trends. Stay informed on geopolitical developments, as they can cause rapid price fluctuations.

References

Source

https://www.fxstreet.com/news/silver-price-forecast-xag-usd-holds-above-8800-due-to-positive-bias-202602240655?utm_source=openai

Source

https://www.fxstreet.com/news/silver-price-forecast-rsi-recovers-above-50-upside-bias-builds-202602241245?utm_source=openai

Source

https://minelistings.com/news/silver-market-surges-amid-geopolitical-tensions-and-tariff-uncertainty/?utm_source=openai

Silver Prices Maintain Positive Momentum Amid Geopolitical Tensions and Technical Indicators