XAG/USD quotes continue to move within a growing trend and a bullish channel. At the time of publication of this Silver forecast, the price is 76.57. Moving averages indicate a bullish trend. Prices have broken above the area between the signal lines, indicating buying pressure and potential continued price growth from current levels. Currently, we expect an attempt to further decline in the metal and a test of support near 74.25. From there, we expect an upward rebound and continued growth for Silver with a target above 81.85.
Silver Forecast XAG/USD for January 6, 2026
An additional signal favoring an increase in XAG/USD Silver 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 off the lower boundary of the bullish channel. The silver price rally on January 6, 2026, would be cancelled if the pair declines and breaks above 72.25. This would indicate a breakout of the support area and a continued decline below 65.45. XAG/USD prices should accelerate once the resistance area is broken and the price consolidates above 78.65.
Silver Forecast XAG/USD for January 6, 2026 suggests an attempt to test the support area near 74.25. Further growth with a target above this level is expected, followed by an upward rebound and continued silver price growth with a target above 81.85. The silver price rally would be cancelled if the pair declines and breaks above 72.25. This would indicate a breakout of the support area. In this case, we should expect continued silver price decline with a target of 65.45.
Looking for the Best Forex Broker? We trade at RoboForex. You can receive a rebates from each trade when registering using our partner link
