XAG/USD prices continue to move within the growth and bullish channel. At the time of publication of the silver forecast, the price is 54.03. Moving averages indicate an upward trend. Prices have broken upwards between the signal lines, indicating buying pressure and potential continued price growth from current levels. Currently, an attempt at a correction in the metal price and a test of the support area near 52.45 is expected. Where should we expect an upward price rebound and continued growth in Silver with a target above 56.85?
Silver Forecast XAG/USD for October 17, 2025
An additional signal favoring 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 favoring an uptrend will be a rebound from the lower boundary of the bullish channel. A decline and a breakout of 50.65 would cancel out the upward trend in Silver on October 17, 2025. This would indicate a breakout of the support area and a continuation of the decline below 48.25. We should expect an acceleration in XAG/USD quotes growth with a breakout of the resistance area and a consolidation above 54.65.
Silver Forecast XAG/USD for October 17, 2025 suggests an attempt to test the support area near 52.45. Subsequently, continued growth is expected with a target above 56.85. The silver price rally would be cancelled if it declined and broke below 50.65. This would indicate a breakout of the support area. In this case, we should expect continued declines in silver, with a target of 48.25.
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