🚀 Silver ($XAG ) Hits Historic Highs: Is $100 the New Floor?
The precious metals market is absolutely on fire! 📉📈 After a parabolic run, Silver (XAGUSDT) has officially smashed through psychological barriers, recently touching the $99 - $101 range.
🔍 What the Charts are Saying:
Parabolic Momentum: Silver has outperformed Gold significantly in early 2026, gaining over 38% in just three weeks.
Support & Resistance: After reaching a peak near $101, we are seeing some healthy profit-taking. Watch the $90 - $93 zone closely—this is acting as critical support.
Indicators: On the 1H and 4H timeframes, RSI has been hovering in overbought territory, suggesting we might see a "breather" or consolidation before the next leg up.
💡 Why the Surge?
Industrial Demand: AI and Green Energy sectors are hungry for silver.
Safe Haven: Global macroeconomic uncertainty is driving investors away from fiat and into "hard assets."
Supply Deficit: Global silver stockpiles are tightening, creating a perfect storm for price appreciation.
📉 Strategy for Traders:
Buying the Dip: Look for entries near the $90 support level if the correction continues.
Target: Analysts are eyeing the $105 - $110 range if momentum holds through the quarter.
What’s your move? Are you holding your bags or locking in profits at these record highs? Let’s discuss below! 👇
#Silver #XAGUSDT #TradingSignals #BinanceSquare #PreciousMetals $XAG
