Silver Price Forecast: XAG/USD consolidates within bearish flag on 4-hour chart

Silver (XAG/USD) trades with a positive bias on Wednesday, supported by a broadly weaker US Dollar following a two-week ceasefire agreement between the United States and Iran. At the time of writing, XAG/USD is trading around $74.50, up nearly 2% on the day after hitting an intraday high of $77.65. Silver holds firm on Wednesday after rising earlier… Silver (XAG/USD) trades with a positive bias on Wednesday, supported by a broadly weaker US Dollar following a two-week ceasefire agreement between the United States and Iran. At the time of writing, XAG/USD is trading around $74.50, up nearly 2% on the day after hitting an intraday high of $77.65. Silver holds firm on Wednesday after rising earlier in the day, supported by a broadly weaker US Dollar.Traders continue to assess evolving geopolitical developments amid uncertainty over the durability of the US-Iran ceasefire.Technicals show consolidation within a bearish flag on the 4-hour chart.Silver (XAG/USD) trades with a positive bias on Wednesday, supported by a broadly weaker US Dollar following a two-week ceasefire agreement between the United States and Iran. At… For traders, this matters because commodity headlines often feed directly into inflation expectations, sector rotation and currency pricing. Watch follow-through, not just the first reaction: liquidity, volatility and confirmation across related assets usually tell the real story.