XAG/USD continues to move within the growth and bullish channel. At the time of publication of this forecast, the price of Silver is 80.74. 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 to further weaken the metal and test the support level near 78.35. From there, we should expect an upward rebound and continued growth in Silver with a target above 85.45.
Silver Forecast XAG/USD for January 7, 2026
An additional signal of growth in Silver XAG/USD quotes and prices will be a test of the support line on the relative strength indicator (RSI). A second signal of decline will be a rebound from the lower boundary of the bullish channel. A decline and a breakout of 76.55 would cancel the upward price movement for Silver on January 7, 2026. This would indicate a breakout of the support area and a continuation of the decline below 70.65. Expect XAG/USD to accelerate with a breakout of the resistance area and consolidation above 82.05.
Silver Forecast XAG/USD for January 7, 2026 suggests an attempt to test the support area near 78.35. Further growth with a target above this level is expected, leading to an upward rebound and continued growth in silver with a target above 85.45. A decline and a breakout of 76.55 would cancel out this upward trend in silver prices. This would indicate a breakout of the support area. In this case, we should expect continued decline in silver with a target of 70.65.
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