Silver Price Stabilizes Near $64 Amid Bear Market Risks
The price of silver, represented by XAGUSD, has stabilized near $64. The latest development shows that silver traded as high as $64.50 before losing momentum and retreating towards $64.
Analysts on TradingView are monitoring the bear market risks as the price moves sideways within a bear market trading range. Cali XAUUSD notes that the larger trend of silver remains unchanged and is in a sell trend.
Cali's chart indicates that XAGUSD is trying to bounce from its previous failure to break above the resistance level, despite some weakness in the immediate wake. The configuration is a sell signal at price levels approximately in the mid-$65 to $66 range.
Dr. Romeet Saha tracks a larger descending channel that goes back to February 2026. His chart shows silver within a wide, downward channel with several swings over months.