XAG/USD prices continue to move within a developing correction and bearish channel. At the time of publication of the Silver forecast, the price is 48.18. Moving averages indicate a bearish trend. Prices are again testing the area between the signal lines, indicating selling pressure and a potential continuation of the price decline from current levels. At this point, we should expect an attempt to develop a bullish correction in the metal price and a test of the resistance level near 48.95. From there, we should expect a price rebound and a continued decline in Silver with a target below 43.85.
Silver Forecast XAG/USD for October 30, 2025
An additional signal supporting 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 supporting a decline will be a rebound from the lower boundary of the bullish channel. A strong rally and a breakout of 50.65 would cancel the downward trend for Silver on October 30, 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 46.25.
Silver Forecast XAG/USD for October 30, 2025 suggests an attempt to test the resistance area near 48.95. Subsequently, a continued decline is expected with a target below 43.85. A strong rally and a breakout of 50.65 would invalidate the downward trend in silver prices. This would indicate a breakout of the resistance area. In this case, a continued rise in silver prices with a target of 52.35 is expected.
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