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 70.21. Moving averages indicate a bearish trend. Prices have broken below the signal lines, indicating bearish pressure and a potential further decline from current levels. Currently, an attempt at a bullish price correction and a test of the resistance area near 72.05 is expected. Where should we expect a price rebound and a continued decline in Silver with a target below 55.45?
Silver Forecast XAG/USD for March 31, 2026
An additional signal favoring a decline in XAG/USD Silver quotes and prices will be a test of the resistance line on the relative strength indicator (RSI). A second signal favoring a decline will be a rebound from the upper boundary of the Triangle pattern. A strong rally and a breakout of 77.05 would cancel out the downward trend in Silver prices on March 31, 2026. This would indicate a breakout of the resistance area and continued growth above 83.65. Expect the decline in XAG/USD quotes to accelerate with a breakout of the support area and a consolidation below 64.55, which would indicate a breakout of the lower boundary of the Triangle pattern and the beginning of the pattern’s implementation with targets below.
Silver Forecast XAG/USD for March 31, 2026 suggests an attempt to test the resistance area near 72.05. A downward rebound and continued decline in silver are expected, with a target below 55.45. A strong rally and a breakout of 77.05 would cancel out the downward trend. This would indicate a breakout of the resistance area. In this case, a continued rise in silver is expected, with a target of 83.65.
