Silver Price Prediction: Holds Near $64 as XAGUSD Traders Track Deeper Support

At the time of this writing, TradingView shows XAGUSD at $64.114. Silver traded up to $64.50 for a short while before losing steam and retreating towards $64.

The new formation has left silver between support and a wider resistance formation. Two analysts on X keep monitoring the bear market risks while the price moves sideways within a bear market trading range.

Cali XAUUSD Keeps the Sell Structure Active

Cali XAUUSD notes that the larger trend of silver remains unchanged and remains in a sell trend.

His 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. Price is still below a range where selling pressure was felt.

The configuration is a sell signal at price levels, approximately in the mid-$65 to $66 range. That area is under a higher resistance level in the upper portion of the chart. Source: Cali Via X

If sellers defend that area, then Cali will project a move lower. The bottom of the trade box is now heading into the low-$50s, which sets a significant violation in front of the price. That move isn’t confirmed on the chart.

Silver would have to break its recent support trend and make more lower highs.

Earlier, Cali said that a bearish level of $63 was already breached after silver prices dropped to around $67.50.

This rebound is significant, therefore. If overhead resistance is not recovered, the overall lower-high structure would remain.

Dr. Romeet Saha Tracks a Larger Descending Channel

Dr. Romeet Saha adopts a longer time horizon that goes back to February 2026.

His chart shows the silver within a wide, downward channel that consists of several swings over months.

The construction reveals two previous patterns: a price rise from the lower level of the channel followed by a retreat as it neared the upper limit of the channel.

The latest one is indicative of the pattern at play. Silver sold off from July lows to early September and then dropped back. Price is currently hovering in the lower/central part of the range.

Saha’s chart paints a picture of a near-immediate region around the $60 zone. Source: Saha Via X

The chart highlights more support targets in the high $50s area below the current price and near the $57 level.

The bottom of the wider channel is even lower. This configuration focuses on whether silver will maintain the trend of this range or maintain the trend of the previous channel.

TradingView Shows Weak Short-Term Money Flow

XAGUSD has been losing momentum after an early recovery, as the chart below illustrates on an intraday chart in TradingView.

Silver started near $63.50 and closed above $64, and continued to rise up to $64.70.

Prices subsequently dropped dramatically at 14:00 but rose again. That recovery came in and stalled at the mid-$64 level.

At press time, XAGUSD was down to $64.114. There are multiple short-term signals indicating reversals around the upper and lower Bollinger bands during the session. Source: TradingView

Current price action is near the bottom of the range during the day. Chaikin Money Flow has turned negative at -0.25, below the zero level. The negative reading indicates that money is not as strong during the time frame investigated.

The same reading is apparent when momentum is lost following the late-session rebound.

The immediate structure is closest to $64. A break below it would bring focus back to the recent lows set in the intraday time frame.

The positive is that silver must close the $64.50 to $65 range to move towards the rest of the resistance levels set forth by the analysts.