Silver Price Outlook: Medium-Term Uptrend Remains Strong
Silver (XAG/USD) has demonstrated a remarkable rally of 7.1% since June 18, 2025. The price reached a notable resistance at USD 39.08, even hitting a remarkable high of USD 39.53 on July 23, 2025. However, the price faced a subsequent corrective decline of around 8.39%, dropping to an intraday low of USD 36.21 at the end of July.
Despite these fluctuations, the medium-term uptrend for silver remains intact, indicating ongoing bullish potential. Traders interested in silver should pay close attention to upcoming resistance levels that may re-emerge as the market evolves.
Strategic trading decisions focused on this silver recovery can help in optimizing positions within the broader economic landscape. Insights into these developments will be essential for achieving trading success in the silver market.