XAG/USD quotes continue to move within the correction and bullish channel. At the time of publication of the Silver forecast, the price is 38.03. Moving averages indicate an upward trend. Prices are again testing the area between the signal lines, which indicates pressure from buyers and a potential continuation of growth from current levels. At the moment, we should expect an attempt to develop a correction in the metal’s price and a test of the support level near the 37.65 area. From there, we can expect a rebound and continued growth in the price of silver, with a target above the 40.35 level.
Silver Forecast XAG/USD for August 15, 2025
An additional signal in favor of growth in the quotes and prices of silver XAG/USD will be a test of the support line on the relative strength indicator (RSI) indicator. The second signal in favor of a decline will be a rebound from the lower border of the bullish channel. A decline and breakout of 36.75 will cancel the option of growth in silver prices on August 15, 2025. This will indicate a breakout of the support area and a continuation of the decline to the area below the level of 35.25. An acceleration in the growth of XAG/USD quotes can be expected with a breakout of the resistance area and consolidation above the level of 38.95.
Silver Forecast XAG/USD for August 15, 2025 suggests an attempt to test the support area near the level of 37.65. Further, the quotes will continue to grow with a target above the 40.35 level. A fall and breakout of the 36.75 level will cancel the option of a rise in silver prices. 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 35.25 level.
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