Silver Price Is Struggling to Break Up $93

Bulls are dominating bears

SILVER Price Analysis – 22 January

If it rises above $93 and there is a lot of buying activity, the price might attempt to move toward the $94–$95 range. However, if sellers are able to hold the $93 price level and the $86 support is breached, the price of silver may drop and test the $81 and $69 support levels.

XAGUSD Market

Key Levels:

Resistance levels: $93, $94. $95

Support levels: $86, $81, $69

XAGUSD Long-term trend: Bullish

A positive trend has continued since November, when the daily chart showed a double bottom formation. Silver began to soar after breaking through the $69 barrier. Purchase activity has increased since August 5, according to the daily chart. Due to high customer demand, prices have gone up by $81 from the previous month. As the bulls intensified and the selling pressure failed to break through the 69 level, silver started to rise. Over the past two weeks, bulls have been more active, and this week the price is approaching $93. A retreat trend is indicated by yesterday’s movement.

The price of silver has a histogram above zero and is higher than the Hull Suite forex signals index. The QQE MOD, one of the top forex signal indicators, is showing a positive signal right now. If it rises above $93 and there is a lot of buying activity, the price might attempt to move toward the $94–$95 range.

The start of a bullish continuation was confirmed by a breakout above its neckline and an hourly candle closing above 93.65.
95.34 would be the goal.

#xagusd #silver

Silver reached an important rising trend line on an hourly chart.
We see a favorable intraday bullish reaction to this on the hourly timeframe, forming a double bottom pattern.

A breakout above its neckline and an hourly candle closing above 93.65 confirmed the… pic.twitter.com/QxxIon6ba9

— Lisa (@Lisa_Xauusd_FX) January 22, 2026

However, if sellers are able to hold the $93 price level and the $86 support is breached, the price of silver may drop and test the $81 and $69 support levels.

XAGUSD Medium-term Trend: Bullish

The 4-hour XAGUSD chart shows an upward trend. A double bottom pattern that emerged close to $63 a few days ago suggested a major shift in direction. The $69 level is Silver’s first obstacle. The price broke through this level, avoiding resistance. Tariffs have been raised to $93 per unit because to the buyers’ significant purchasing power.

At the moment, silver is rising above significant dynamic support levels. The buying signal is being used more often by the QQE MOD.

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