XAG/USD prices continue to move within the framework of a strong decline and a bullish channel. At the time of publication of this forecast, the price of Silver is 87.23. Moving averages indicate a bullish trend. Prices have broken above the signal lines, indicating bullish pressure and potential continued price growth from current levels. Currently, we should expect an attempt at a bearish correction in the metal’s price and a test of the support level near 85.75. From there, we should expect an upward rebound and continued growth in Silver with a target above 104.35.
Silver Forecast XAG/USD for March 3, 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 bullish channel. A decline and a breakout of 81.05 would cancel the upward trend for Silver on March 3, 2026. This would indicate a breakout of the support area and a continuation of the decline below 74.85. We expect an acceleration in XAG/USD price growth with a breakout of the resistance area and a consolidation above 90.35.
Silver Forecast XAG/USD for March 3, 2026 suggests an attempt to test the support area near 85.75. We then expect an upward rebound and continued growth in silver with a target below 104.35. A decline in silver prices and a breakout of 81.05 would cancel out this upward trend. This would indicate a breakout of the support area. In this case, we should expect continued decline in silver with a target of 74.85.
