XAG/USD prices continue to move within the growth and bullish channel. At the time of publication of the Silver forecast, the price is 52.79. Moving averages indicate an upward trend. Prices have broken above the signal lines, indicating buying pressure and potential continued price growth from current levels. Currently, we should expect an attempt at a correction in the metal’s price and a test of the support level near 51.75. From there, we should expect an upward rebound and continued growth in Silver with a target above 56.25.
Silver Forecast XAG/USD for October 16, 2025
An additional signal of growth in Silver XAG/USD quotes and prices will be a test of the support line on the relative strength indicator (RSI). A second signal of upside will be a rebound from the lower boundary of the bullish channel. A decline and a breakout of 49.75 would cancel the upward trend for Silver on October 16, 2025. This would indicate a breakout of the support area and a continuation of the decline below 46.85. We expect an acceleration in XAG/USD price growth with a breakout of the resistance area and a consolidation above 53.85.
Silver Forecast XAG/USD for October 16, 2025 suggests an attempt to test the support area near 51.75. Further growth is expected with a target above 56.25. A decline and a breakout of 49.75 would cancel out the upward trend for silver. This would indicate a breakout of the support area. In this case, we should expect continued decline in silver with a target of 46.85.
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