Silver (XAG/USD) has staged a sharp intraday rebound after a steep sell-off, but technical signals suggest the rally may be corrective rather than the start of a new uptrend. With prices nearing the key US$79.86 resistance ahead of US non-farm payrolls, failure to break higher could trigger another down leg toward US$74 and US$70 in the first step.
09-01-2026 10:32 GMT
by Kelvin Wong