Marina Lyubimova
● Trader Mühendisborsa recently shared a bullish outlook for silver (XAG/USD), highlighting that the metal needs to push past $48.70 to unlock its next leg up. While silver's been choppy in the short term, the bigger picture still looks promising, with ambitious price targets of $77, $85, and $100 per ounce by 2026.
● Right now, silver's stuck in a tight range after testing the mid-$40s. It keeps bumping into resistance near the DEMA (17) indicator, sitting at $48.68—just shy of that critical $48.70 level. If it can't hold above that zone, we might see some selling pressure. But if it breaks through? That could bring in fresh institutional money and speculative buyers.
● A clean break above $48.70 would be more than just a technical win—it could shift sentiment across the entire precious metals space. Investors are watching closely to see if the Fed's done raising rates. Add in a softer dollar and steady bond yields, and you've got a recipe for money flowing out of stocks and into hard assets like silver and gold.
● Beyond the charts, silver's fundamentals remain solid. Demand from solar panels, electric vehicles, and tech keeps growing, while its reputation as an inflation hedge and safe haven keeps investors interested. If the technical setup holds, silver could be gearing up for a serious run into 2026.
Marina Lyubimova
