Silver Price Forecast: XAG/USD rises to near $70; 100-SMA breakdown underpins downside

AI Briefing

• – Silver price rises to near $70, gains are partly due to a 100-SMA breakdown, suggesting a potential shift in trend.
• – The trend remains sideways, with the price still within Thursday's trading range.
• – Further upside is possible, but the test of the $70 level will be crucial to confirm the breakout.