Silver Price Analysis: XAG/USD rallies to new YTD highs, nearby $26.00

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• Silver price is poised for upward momentum, above $26.00.
• The rate of Change (RoC) remains bullish, but the RSI portrays XAG as overbought.

Silver price advanced to a new YTD high at $25.96, though it fell short of cracking the $26.00 figure, which would have opened the door towards testing, last year’s peak, nearly $27.00. At the time of typing, the XAG/USD is trading at $25.76 after hitting a low of $25.39.