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fxJul 20, 2026, 7:48 AM

Silver Price Forecast: XAG/USD Bulls Await Breakout Through Trend-Line Near $57.25

Silver (XAG/USD) is trading near $57.00, up over 1.50% during early European session, with bulls awaiting a breakout above a trend-line hurdle near $57.25.

XAGUSD

Silver (XAG/USD) holds modest intraday gains in early European trade on Monday, currently trading just below the $57.00 mark. The metal is up more than 1.50% on the day, with bulls eyeing a decisive move above a key trend-line resistance near $57.25.

A breakout above this level could open the door for further upside momentum, while failure to clear the hurdle may lead to consolidation or a pullback. Traders are monitoring the price action around the trend-line for confirmation of the next directional move.

Source: FXStreet Forex News