XAG/USD quotes continue to move within the framework of the development of the correction and the bearish channel. At the time of publication of the Silver forecast, the price is 37.85. Moving averages indicate the presence of an upward trend. Prices are again testing the area between the signal lines, which indicates pressure from buyers and a potential continuation of the growth in value from the current levels. At the moment, we should expect an attempt to develop a correction in the value of the metal and a test of the support level near the area of 37.55. Where should we expect a price rebound upward and continued growth in the price of Silver with a target above the level of 39.25.
Silver Forecast XAG/USD for August 13, 2025
An additional signal in favor of the growth of quotes and prices for Silver XAG/USD will be a test of the support line on the relative strength indicator (RSI). The second signal in favor of a fall will be a rebound from the lower border of the bullish channel. The cancellation of the growth option for Silver prices on August 13, 2025 will be a fall and a breakout of 36.95. This will indicate a breakout of the support area and a continuation of the fall to the area below the level of 34.65. We should expect an acceleration of the growth of XAG/USD quotes with a breakout of the resistance area and consolidation above the level of 38.25, which will indicate a breakout of the upper border of the descending channel.
Silver Forecast XAG/USD for August 13, 2025 suggests an attempt to test the support area near the level of 37.55. Next, the continuation of the growth of quotes with a target above the level of 39.25. The cancellation of the option of the rise in prices of Silver will be a fall and a breakout of the level of 36.95. This will indicate a breakout of the support area. In this case, we should expect a continuation of the decline in the price of Silver with a target at the level of 34.65.
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