XAG/USD prices continue to move within the growth and bullish channel. At the time of publication of this forecast, the price of Silver is 58.35. Moving averages indicate a bullish trend. Prices have broken above the signal lines, indicating buying pressure and potential continued price growth from current levels. Currently, we should expect an attempt at a correction in the metal’s price and a test of the support level near 56.55. From there, we should expect an upward rebound and continued growth in Silver with a target above 62.75.
Silver Forecast XAG/USD for December 2, 2025
An additional signal favoring an increase in Silver XAG/USD quotes and prices will be a test of the support line on the relative strength indicator (RSI). A second signal favoring a decline will be a rebound from the lower boundary of the bullish channel. A decline and a breakout of 54.35 would cancel the upward price movement for Silver on December 2, 2025. This would indicate a breakout of the support area and a continued decline below 52.75. We expect an acceleration in XAG/USD price growth with a breakout of the resistance area and a consolidation above 60.05.
Silver Forecast XAG/USD for December 2, 2025 suggests an attempt to test the support area near 56.55. Further growth is expected with a target above 62.75. A decline and a breakout of 54.35 would cancel out the upward trend for silver. This would indicate a breakout of the support area. In this case, we should expect continued decline in silver with a target of 52.75.
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