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 77.68. 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 to develop a bullish correction in the metal price and a test of the resistance level near 78.85. From there, we should expect a price rebound and a continued decline in Silver with a target below 67.55.
Silver Forecast XAG/USD for February 20, 2026
An additional signal of 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 of a decline will be a rebound from the upper boundary of the descending channel. A strong rally and a breakout of 83.75 would cancel the downward trend for Silver on February 20, 2026. This would indicate a breakout of the resistance area and continued growth above 90.05. Expect the XAG/USD price to decline further with a breakout of the support area and consolidation below 73.55.
Silver Forecast XAG/USD for February 20, 2026 suggests an attempt to test the resistance area near 78.85. A downward rebound and continued decline in silver are then expected, with a target below 67.55. A strong rally and a breakout of 83.75 would invalidate this downward trend. This would indicate a breakout of the resistance area. In this case, continued silver price growth is expected, with a target of 90.05.
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