XAG/USD prices continue to move within the developing correction and descending channel. At the time of publication of the Silver forecast, the price is 83.23. Moving averages indicate a bearish trend. Prices are again testing the area between the signal lines, indicating selling pressure and a potential continuation of the price decline from current levels. At this point, we should expect an attempt at a bullish correction in the metal price and a test of the support level near 85.65. From there, we should expect a price rebound and a continued decline in Silver with a target below 68.45.
Silver Forecast XAG/USD for February 10, 2026
An additional signal supporting a decline in Silver XAG/USD quotes and prices will be a test of the resistance line on the relative strength indicator (RSI). A second signal supporting a decline will be a rebound from the upper boundary of the bearish channel. A strong rally and a breakout of 90.05 would cancel out the downward trend in Silver prices on February 10, 2026. This will indicate a breakout of the resistance area and continued growth above 105.05. Expect the XAG/USD price decline to accelerate with a breakout of the support area and consolidation below 75.65, which would indicate a breakout of the lower boundary of the bullish correction channel.
Silver Forecast XAG/USD for February 10, 2026 suggests an attempt to test the resistance area near 85.65. A downward rebound and continued decline in silver should then be expected, with a target below 68.45. A strong rally and a breakout of 90.05 would cancel the upward trend in silver prices. This would indicate a breakout of the resistance area. In this case, a continued rise in silver should be expected, with a target of 105.05.
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