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Silver price could aim for the upper boundary of the ascending channel near $33.50
Silver price could aim for the upper boundary of the ascending channel near $33.50.The 14-day RSI holding at the 50 mark reinforces the ongoing bullish bias. Immediate support is seen at the 50-day EMA around $32.21.
Silver (XAG/USD) remains a critical commodity in global markets, influenced by both macroeconomic factors and technical patterns. As of April 15, 2025, silver prices are trading at approximately $32.30 per troy ounce, maintaining strength for the fifth consecutive session. This report provides an in-depth analysis of silver’s price trends, focusing on its ascending channel pattern and key technical indicators.
Silver is currently trading around $32.30, supported by its position above both the nine-day and 50-day EMAs. This indicates robust short-term momentum in favor of a bullish trend.
- Immediate Support: The 50-day EMA at $32.21 serves as a crucial support level. A breach below this point could weaken short-term momentum15.
- Secondary Support: The nine-day EMA near $31.90 offers additional support2.
- Major Support: A significant downside risk lies at $31.50, followed by the seven-month low at $28.00 recorded on April 7
- Immediate Resistance: The upper boundary of the ascending channel near $33.50 represents the next upside target.
- Extended Resistance: A break above $33.50 could pave the way for testing the six-month high of $34.59 last seen on March 28, with further potential to reach $35—a psychological level last observed in 2012
The 14-day RSI is holding steady at the 50 mark, reinforcing bullish bias without entering overbought territory. This suggests that silver’s upward trajectory remains sustainable in the near term.
If XAG/USD decisively breaks above $33.50, it could target $34.59 and potentially extend gains toward $35—a level not seen since 2012. Such a rally would likely attract momentum traders and reinforce bullish sentiment. Failure to hold above immediate support at $32.21 may result in a pullback toward $31.90 or even deeper declines to $31.50 or $28.00, depending on broader market conditions
In a move that feels both effortlessly classic and excitingly modern, Tiffany & Co. has officially welcomed Natalie Portman as its newest Global House Ambassador. Announced on March 13, 2026, this partnership marks a sophisticated new chapter for the legendary jeweler, blending Portman’s intellectual grace with Tiffany’s storied legacy. The Academy Award-winning actress, producer and director joins the likes of Anya Taylor-Joy, Greta Lee, Mikey Madison and more as a Tiffany & Co. global brand ambassador.
“It is an honor to be Tiffany & Co.’s newest global House ambassador. The House has an incredibly rich heritage and is beloved for its unparalleled craftsmanship and creative excellence. I am excited to be a part of the Tiffany & Co. legacy,” said Natalie Portman on her appointmen.
“Natalie’s sophistication, authenticity and intelligence resonate deeply with Tiffany & Co.’s values. We are honored to welcome her to the Tiffany & Co. family as we continue to shape the future of luxury through powerful storytelling. She embodies the modern Tiffany woman through her elegance and courageousness”, said Anthony Ledru, President and CEO-Tiffany & Co.
The debut campaign, captured by photographer and director Gordon von Steiner, finds Portman in her element at The Landmark—Tiffany’s iconic New York City flagship. The imagery isn’t just about the sparkle; it’s about the synergy between a woman known for her thoughtful storytelling and a House that has spent nearly two centuries defining “creative excellence.”
Portman is showcased in pieces from the HardWear and Knot collections, proving that she can pivot from edgy industrial chic to intricate, symbolic elegance with ease.
If the portraits weren’t enough to pique your interest, the collaboration is heading to the silver screen almost immediately. A new campaign film starring Portman premiered during the 98th Academy Awards on March 15, 2026.
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