XAG/USD prices continue to move within the developing downward trend and bullish channel. At the time of publication of this forecast, the price of Silver is 81.75. Moving averages indicate a bearish trend. Prices have broken below the signal lines, indicating bearish pressure and a potential continuation of the price decline from current levels. At this point, we should expect an attempt to develop a bearish correction in the metal price and a test of the support level near 80.65. From there, we should expect an upward rebound and continued growth in Silver with a target above 97.05.
Silver Forecast XAG/USD for March 6, 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 76.05 would cancel the upward trend for Silver on March 6, 2026. This will indicate a breakout of the support area and a continued decline below 72.25. We should expect XAG/USD to accelerate once the resistance area is broken and the price consolidates above 90.05, which would indicate a breakout of the upper boundary of the downward correction channel.
Silver Forecast XAG/USD for March 6, 2026 suggests an attempt to test the support area near 80.65. We should then expect an upward rebound and continued growth for silver, with a target below 97.05. A decline in silver prices and a breakout of 76.05 would cancel out the upward trend. This would indicate a breakout of the support area. In this case, we should expect continued decline for silver, with a target of 72.25.
