Silver Price Forecast: XAG/USD Holds Firm Above $36.00 as Uptrend Eyes $37.00

Silver Price Forecast: XAG/USD Holds Firm Above $36.00 as Uptrend Eyes $37.00

XAG/USD Maintains Strength Despite Weaker Safe-Haven Demand

Silver (XAG/USD) remains elevated, holding just above the $36.00 level at the start of the week, despite a softer safe-haven bid as Middle East geopolitical tensions stabilize.

While missile exchanges between Israel and Iran persisted into the weekend, fears of the conflict spilling over into a broader regional war have moderated, capping safe-haven demand across the board.

Bullish Momentum Intact, Resistance at $37.00 in Focus

The bullish technical structure remains intact, with price action respecting a key support zone around $36.00. Investors now turn their attention to the $37.00 resistance, a multi-year high tested last week.

Improved risk sentiment has weighed slightly on precious metals, but silver’s strong industrial demand and positive market structure continue to support its price.

Peace Talks and Market Reactions

Efforts from international mediators and a call from US President Donald Trump to initiate peace talks have helped calm the markets. However, the situation remains fluid, meaning silver may continue to experience volatile swings in response to any escalation or diplomatic progress.

What to Watch

• Breakout above $37.00 to confirm bullish continuation
• Support zone at $36.00 remains key for short-term bulls
• Geopolitical developments and peace deal talks
• Risk sentiment and bond yield fluctuations

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