XAG/USD prices continue to move as part of a correction and the formation of a Head and Shoulders reversal pattern. At the time of publication of the Silver forecast, the price is 73.59. Moving averages indicate a bullish trend. Prices have broken below the signal lines, indicating bearish pressure and a potential further decline from current levels. Currently, an attempt to continue the decline in the metal price and a test of the support area near 72.65 is expected. Where should we expect an upward price rebound and continued growth in silver with a target above 81.55?
Silver Forecast XAG/USD for May 21, 2026
An additional signal favoring an increase in XAG/USD Silver 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 Head and Shoulders reversal pattern. A decline in silver prices on May 21, 2026, and a breakout of 68.05 would invalidate the upward price scenario. This would indicate a breakout of the support area and a continued decline below 61.35. We should expect an acceleration in XAG/USD price growth with a breakout of the resistance area and a consolidation above 74.55.
Silver Forecast XAG/USD for May 21, 2026 suggests an attempt to test the support area near 72.65. Next, we should expect an upward rebound and continued growth in silver with a target above 81.55. A decline in silver prices and a breakout of 68.05 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 61.35.
