XAG/USD prices continue to move within a bullish correction and a descending channel. At the time of publication of the silver forecast, the price is 58.51. Moving averages indicate a bearish trend. Prices have broken below the signal lines, indicating bearish pressure and potential continued price decline from current levels. Currently, an attempt to develop a rise in the metal price and a test of the resistance area near 60.25 is expected. Where should we expect a price rebound and a continued decline in Silver with a target below 45.65?
Silver Forecast XAG/USD for July 14, 2026
An additional signal favoring a decline in Silver XAG/USD quotes and prices will be a test of the descending resistance line on the relative strength indicator (RSI). A second signal favoring a decline will be a rebound from the resistance level on the price chart. A strong rally and a breakout of 66.75 would invalidate the scenario of a decline in Silver prices on July 14, 2026. This would indicate a breakout of the resistance area and continued growth above 73.05. Expect the decline in XAG/USD quotes to accelerate with a breakout of the support area and a consolidation below 56.55.
Silver Forecast XAG/USD for July 14, 2026 suggests an attempt to test the resistance area near 60.25. Next, we should expect a price rebound and a continued decline in silver with a target below 45.65. A strong rally and a breakout of 66.75 would cancel out the downward trend in silver. This would indicate a breakout of the resistance area. In this case, we should expect a continued rise in silver with a target of 73.05.
