Usman Salis
⬤ Silver entered a technically sensitive zone after a sharp selloff brought XAG/USD back to its 2.5-month rising support line. The metal held a steady uptrend since late November 2025, with price respecting an ascending trendline that guided higher lows. The recent decline reversed a strong run from highs above $120 and sent price rapidly lower toward the low-$80 zone.
⬤ The question now is whether silver can recover and hold this rising support. The trendline starts from the November 21, 2025 low and has acted as a key structural reference throughout the advance. What stands out is the speed of this pullback—price dropped in a sharp, vertical move rather than through gradual consolidation. That makes this interaction with the trendline especially important from a structural perspective.
⬤ XAG/USD peaked well above $120 before reversing and slicing through multiple levels without forming clear bases. Current price near $80.75 lines up closely with the ascending support line, which previously marked zones where selling pressure eased. There's no confirmed bounce yet, but price is clearly testing a level that's defined the broader trend for months.
⬤ This moment matters for silver's technical structure because rising trendline support often separates trend continuation from deeper correction. Holding above this level would show the broader upward structure remains intact despite heightened volatility. Breaking below the trendline, though, would signal a shift in market structure and raise the possibility of a more extended pullback. With XAG/USD positioned right at this long-standing support, near-term price action will determine silver's next directional move.
Usman Salis
