XAG/USD quotes continue to move within the framework of the correction and bullish channel development. At the time of publication of the forecast Silver, the price is 38.58. Moving averages indicate the presence of an upward trend. Prices have broken through the area between the signal lines upwards, which indicates pressure from buyers and potential continuation of the growth in price from the current levels. At the moment, we should expect an attempt to develop a correction in the cost of metal and a test of the support level near the area of 38.35. Where should we expect a price rebound upwards and continued growth in the price of Silver with a target above the level of 40.25.
Silver Forecast XAG/USD for August 27, 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 upper border of the descending channel. Cancellation of the option of growth in prices for Silver on August 27, 2025 will be a fall and a breakout of 37.85. This will indicate a breakout of the support area and a continuation of the fall to the area below the level of 35.45. We should expect the acceleration of the growth of XAG/USD quotes with a breakout of the support area and consolidation of the price below the level of 39.35, which will indicate a breakout of the upper border of the bullish channel, and this is a signal for growth by the width of the channel.
Silver Forecast XAG/USD for August 27, 2025 suggests an attempt to test the support area near the level of 38.35. Further, the continuation of the growth of quotes with a target above the level of 40.25. The cancellation of the option of growth in Silver prices will be a fall and a breakout of the level of 37.85. 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 35.45.
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