XAG/USD quotes continue to move within the framework of the development of the correction and the bullish channel. At the time of publication of the Silver forecast, the price is 38.11. Moving averages indicate the presence of an upward trend. Prices broke through the area between the signal lines upwards, which indicates pressure from buyers and a potential continuation of the growth in value from the current levels. At the moment, we should expect an attempt to develop a correction in the value of the metal and a test of the support level near the area of 37.75. Where should we expect a price rebound upward and continued growth in the price of Silver with a target above the level of 40.95.
Silver Forecast XAG/USD for August 19, 2025
An additional signal in favor of the growth of quotes and prices for Silver XAG/USD will be a test of the support line on the relative strength indicator (RSI). The second signal in favor of a fall will be a rebound from the lower border of the bullish channel. The cancellation of the option of growth in prices for Silver on August 19, 2025 will be a fall and a breakout of 36.55. This will indicate a breakout of the support area and a continuation of the fall to the area below the level of 34.25. We should expect an acceleration of the growth of XAG/USD quotes with a breakout of the resistance area and consolidation above the level of 38.65.
Silver Forecast XAG/USD for August 19, 2025 suggests an attempt to test the support area near the level of 37.75. Further, the continuation of the growth of quotes with a target above the level of 40.95. The option of rising prices for Silver will be cancelled by a fall and a breakout of the level of 36.55. This will indicate a breakout of the support area. In this case, we should expect a continuation of the decline in the price of Silver with a target at the level of 34.25.
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