Silver loses momentum – A crash is imminent.

Currently, XAGUSD is in a rather "stuck" state as neither technical news nor supporting upward movement is favorable. The strengthening USD fuels geopolitical tensions and concerns about exhaustion from expectations of higher interest rates, thereby directly putting pressure on silver – a non-yielding asset. Money is trending back towards the USD, rather than remaining in the metals group.

Looking at the chart, although the price remains within an uptrend channel, the structure has begun to weaken. The 80.0-80.2 zone is repeatedly rejected, indicating that buyers lack the strength to push the price higher. Simultaneously, the price is hesitating around the Ichimoku lines, possibly showing a loss of momentum – often an early sign of a correction.

Currently, it is clear that the price is consolidating sideways and trending downwards rather than breaking upwards. If the 80 level continues to act as resistance, XAGUSD is highly likely to move down to test the 78.0 level – where horizontal support and the edge of the price channel converge.