XAG/USD prices continue to move within the correction and bullish channel. At the time of publication of the silver forecast, the price is 48.28. Moving averages indicate a bearish trend. Prices are again testing the area between the signal lines, indicating buying pressure and potential continued price growth from current levels. Currently, an attempt to develop metal prices and a test of the resistance area near 49.65 is expected. Where should we expect a price rebound and a continued decline in Silver with a target below 41.35?
Silver Forecast XAG/USD for November 4, 2025
An additional signal favoring a decline in Silver XAG/USD 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 lower boundary of the bullish channel. A strong rally and a breakout of 50.85 would cancel the downward trend in Silver on November 4, 2025. This would indicate a breakout of the resistance area and continued growth above 52.65. We should expect an acceleration of the decline in XAG/USD quotes with a breakout of the support area and a consolidation below 46.75.
Silver Forecast XAG/USD for November 4, 2025 suggests an attempt to test the resistance area near 49.65. Subsequently, a continued decline is expected with a target below 41.35. The silver price decline scenario would be cancelled if the price were to rise strongly and break above 50.85. This would indicate a breakout of the resistance area. In this case, we should expect the silver price to continue rising, targeting 52.65.
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