Silver Outlook: Eyes on $84.00 Resistance Level

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SILVER (XAG/USD) Technical Outlook
Date: February 10, 2026
Current Market Position: Silver is currently trading around the Pivot Point of $79.00. Price action above this level maintains a positive technical structure.

Bullish Scenario (Primary):
As long as the price remains above the $79.00 pivot, the overall trend is considered bullish. If buying momentum strengthens and the price stabilizes above this level:
Target 1: $84.00
Target 2: $87.50

Bearish Scenario (Alternative):
If the price undergoes a correction and drops below the $79.00 pivot, bearish pressure will likely resume for a retest of the support zone.
Support Test: $76.60
Further Downside: A 1-hour candle close below the support levels could lead the price toward $74.40 and potentially down to $67.00.

Key Technical Levels:
Pivot Point: $79.00
Bullish Targets: $84.00 | $87.50
Bearish Targets: $76.60 | $74.40 | $67.00

⚠️ Trade Note: Always monitor the candle close on the 1-hour timeframe for confirmation before entering a position.

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