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fxJul 8, 2026, 1:55 AM

Silver Holds Near Bearish Flag Support Around $59.80

Silver (XAG/USD) trades with a negative bias for the third straight day, hovering around $59.80 during Asian session. Price defends bearish flag support near mid-$59.00s.

XAGUSD

Silver (XAG/USD) continues to trade with a negative bias for the third consecutive day, hovering near the $59.80 level during the Asian session.

The precious metal is defending a bearish flag support zone in the mid-$59.00s, which could determine near-term direction. A break below this level may accelerate selling pressure, while a hold could trigger a consolidation or reversal.

Source: FXStreet Forex News