Silver Set a Trap for Speculators. Forecast as of 30.01.2026

Frenzied demand for silver, led by China, pushed XAG/USD to a record high above 120. Citigroup said the rally would extend to 150. However, the sell-off appears to be a bubble bursting. Let's discuss this and outline a trading plan.Major Takeaways The silver market has lost touch with fundamentals. The XAGUSD rally has been speculative. The white metal is trading like meme stocks. A rebound from $98.3 and $93.1 is a reason to buy silver.Weekly Fundamental Forecast for SilverThe higher they fly,