XAG/USD prices continue to move within the correction and the formation of a triangle pattern. At the time of publication of the silver forecast, the price is 74.22. Moving averages indicate a bullish trend. Prices have broken upwards between the signal lines, indicating buying pressure and potential continued price growth from current levels. Currently, an attempt at a downward price movement and a test of the support area near 71.15 is expected. Where should we expect an upward price rebound and continued growth in Silver with a target above 91.05?
Silver Forecast XAG/USD for January 9, 2026
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 Triangle pattern. A decline and a breakout of 68.05 would cancel the upward price movement for Silver on January 9, 2026. This would indicate a breakout of the support area and a continuation of the decline below 62.65. We should expect an acceleration in XAG/USD quotes growth with a breakout of the resistance area and a consolidation above 85.05, which would indicate a breakout of the upper boundary of the Triangle pattern and the beginning of the pattern’s implementation with targets above 62.65.
Silver Forecast XAG/USD for January 9, 2026 suggests an attempt to test the support area near 71.15. Further, if quotes continue to rise with a target above this level, we should expect a price rebound upwards and further silver price growth with a target above 91.05. The upward price movement in silver would be cancelled by a decline and a breakout of 68.05. This would indicate a breakout of the support area. In this case, we should expect continued silver price decline with a target of 62.65.
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