{"id":31420,"date":"2026-03-24T06:59:12","date_gmt":"2026-03-24T06:59:12","guid":{"rendered":"https:\/\/www.vtmarketsglobal.com\/en\/uncategorized\/31420\/"},"modified":"2026-03-24T06:59:12","modified_gmt":"2026-03-24T06:59:12","slug":"silvers-xag-usd-slips-near-66-50-sellers-stay-dominant-under-the-100-day-sma-after-rebounding-from-61-00","status":"publish","type":"post","link":"https:\/\/www.vtmarketsglobal.com\/en\/live-updates\/31420\/","title":{"rendered":"Silver\u2019s XAG\/USD slips near $66.50; sellers stay dominant under the 100-day SMA after rebounding from $61.00"},"content":{"rendered":"Silver (XAG\/USD) failed to build on Monday\u2019s rebound from $61.00, its lowest level since 12 December, and met new selling in the Asian session on Tuesday. It fell back towards the mid-$66.00s and stayed exposed to a two-week downtrend.\n\nLast week, silver broke below the 100-day Simple Moving Average (SMA) and closed under it for the first time since April 2025. The Moving Average Convergence Divergence (MACD) turned negative, stayed below its signal line, and showed an expanding negative histogram.\n\n

Key Momentum Signals<\/h3>\nThe Relative Strength Index (RSI) was near 33, below the 50 mark and close to oversold levels. Initial support sat near $67.00, with further supports at $63.00 and $60.00.\n\nOn the upside, resistance was seen near $73.00 and around the 100-day SMA near $74.00. A daily close above that area could bring $80.00 into view, followed by resistance near $85.00.\n\nThe technical analysis was produced with the help of an AI tool.\n\nWe see silver struggling to gain traction, and this confirms the bearish signals we observed late last year. Looking back at 2025, the breakdown below the 100-day Simple Moving Average was a critical moment that shifted short-term momentum. As of today, the price remains capped below those key resistance levels of $73.00-$74.00, reinforcing the negative outlook.\n\n

Macro Drivers And Trade Ideas<\/h3>\nThe current macroeconomic environment is adding pressure, with the latest US CPI data for February 2026 coming in hotter than expected at 3.4%. This has pushed the US Dollar Index (DXY) to a firm 105.5, making silver more expensive for foreign buyers. Consequently, expectations for Federal Reserve rate cuts are being pushed further out, which is a headwind for non-yielding assets.\n\nFor the coming weeks, we believe buying put options with strike prices near the old support levels of $63.00 and $60.00 could be a prudent strategy. These levels were highlighted as potential targets during the 2025 downtrend. May 2026 expiry dates would provide enough time for this scenario to potentially unfold.\n\nIndustrial demand, a key component for silver, also appears weak, providing another reason for caution. Recent data shows China’s industrial production grew slower than forecast in the first two months of 2026, and the latest manufacturing PMI registered at 49.8. A reading below 50 indicates contraction, suggesting that a significant source of silver demand is faltering.\n\nGiven this backdrop, we should also consider strategies that benefit from range-bound price action or a potential sharp reversal. Selling out-of-the-money covered calls against any physical holdings could generate income while the price stagnates below resistance. Alternatively, for those anticipating an eventual rebound, purchasing long-dated, cheap call options, such as September 2026 $75 calls, offers a low-cost way to participate in a potential recovery later in the year.\n\nCreate your live VT Markets account<\/a>\u00a0and\u00a0start trading<\/a>\u00a0now. <\/b>\n

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Start trading now – Click here<\/a> to create your real VT Markets account <\/strong> <\/p>\r\n","protected":false},"excerpt":{"rendered":"

Silver slips toward mid-$66s as bearish technicals persist; below 100-day SMA, RSI near oversold.<\/p>\n","protected":false},"author":38,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[46],"tags":[],"class_list":["post-31420","post","type-post","status-publish","format-standard","hentry","category-live-updates"],"acf":[],"aioseo_notices":[],"featured_image_src":null,"featured_image_src_square":null,"author_info":{"display_name":"josephine","author_link":"https:\/\/www.vtmarketsglobal.com\/en\/author\/josephine\/"},"_links":{"self":[{"href":"https:\/\/www.vtmarketsglobal.com\/en\/wp-json\/wp\/v2\/posts\/31420","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.vtmarketsglobal.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.vtmarketsglobal.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.vtmarketsglobal.com\/en\/wp-json\/wp\/v2\/users\/38"}],"replies":[{"embeddable":true,"href":"https:\/\/www.vtmarketsglobal.com\/en\/wp-json\/wp\/v2\/comments?post=31420"}],"version-history":[{"count":0,"href":"https:\/\/www.vtmarketsglobal.com\/en\/wp-json\/wp\/v2\/posts\/31420\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.vtmarketsglobal.com\/en\/wp-json\/wp\/v2\/media?parent=31420"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.vtmarketsglobal.com\/en\/wp-json\/wp\/v2\/categories?post=31420"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.vtmarketsglobal.com\/en\/wp-json\/wp\/v2\/tags?post=31420"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}