XAG/USD prices continue to move within a developing correction and bearish channel. At the time of publication of this forecast, the price of Silver is 48.70. Moving averages indicate a bearish trend. Prices have broken upwards through the area between the signal lines, indicating buying pressure and potential continued price growth from current levels. At this point, we should expect an attempt at a bearish correction in the metal’s price and a test of the support level near 48.45. From there, we should expect an upward rebound and continued growth in Silver with a target above 51.75.
Silver Forecast XAG/USD for October 31, 2025
An additional signal favoring an increase 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 a decline will be a rebound from the lower boundary of the bullish channel. A decline and a breakout of 47.35 would cancel out the upward trend in Silver on October 31, 2025. This will indicate a breakout of the support area and a continued decline below 45.35. We should expect an acceleration in XAG/USD price growth with a breakout of the resistance area and a consolidation above 49.05.
Silver Forecast XAG/USD for October 31, 2025 suggests an attempt to test the support area near 48.45. Subsequently, we expect continued growth with a target above 51.75. A decline and a breakout of 47.35 would cancel out the upward trend in silver prices. This would indicate a breakout of the support area. In this case, we should expect continued decline in silver with a target of 45.35.
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