XAG/USD prices continue to move within the correction and have exited the bullish channel. At the time of publication of the Silver forecast, the price is 47.52. Moving averages indicate a bullish trend. Prices are testing the area between the signal lines, indicating buying pressure and potential continued price growth from current levels. Currently, we should expect an attempt to further increase the price of the metal and a test of the resistance level near 48.45. From there, we should expect a price rebound and a continued decline in Silver with a target below 41.45.
Silver Forecast XAG/USD for November 6, 2025
An additional signal of 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 of a decline will be a rebound from the upper boundary of the bearish channel. A strong rally and a breakout of 50.45 would cancel the downward trend for Silver on November 5, 2025. This would indicate a breakout of the resistance area and continued growth above 52.35. Expect the XAG/USD price decline to accelerate with a breakout of the support area and consolidation below 46.05.
Silver Forecast XAG/USD for November 6, 2025 suggests an attempt to test the resistance area near 48.45. Subsequently, a continued decline is expected with a target below 41.45. A strong rally and a breakout of 50.45 would cancel out the downward trend for silver. This would indicate a breakout of the resistance area. In this case, we should expect a continued rise in silver with a target of 52.35.
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