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macroJun 10, 2026, 8:20 PM

Silver Breaks Below 200-Day SMA, Targets YTD Low

Silver extended its weekly decline, breaking below the 200-day moving average and falling towards its year-to-date low.

XAGUSD

Silver (XAG/USD) has fallen below the $65.00 level, extending its week-long losing streak to more than 6%. The white metal is currently trading nearly 2.50% lower on the day.

The decline accelerated after prices broke below the 200-day Simple Moving Average (SMA), a key technical support level. With the breakdown, traders are now eyeing the year-to-date (YTD) low as the next potential downside target.

Source: FXStreet Forex News