XAG/USD quotes continue to move within a strong decline and a bullish channel. At the time of publication of this Silver forecast, the price is 66.30. Moving averages indicate an upward trend. Prices are again testing the area between the signal lines, indicating bullish pressure and potential continued price growth from current levels. At this point, we should expect an attempt to further weaken the metal and test support near 64.35. From there, we should expect an upward rebound and continued growth for Silver, with a target above 74.65.
Silver Forecast XAGUSD for September 1, 2026
An additional signal for upward price movements and growth for XAG/USD Silver will be a test of the bullish trend on the relative strength indicator (RSI). A second signal for growth will be a rebound from the lower boundary of the bullish channel. The silver price rally on September 1, 2026, would be cancelled if the pair were to rise sharply and break above 61.45. This would indicate a breakout of the support area and a continued decline below 56.25. XAG/USD should be expected to accelerate with a breakout of the resistance area and consolidation below 69.55.
Silver Forecast XAGUSD for September 1, 2026 suggests an attempt to test the support area near 64.35. A subsequent upward rebound and continued silver price growth with a target above 74.65 are expected. The silver price rally would be cancelled if the pair were to fall and break below 61.45. This would indicate a breakout of the support area. In this case, a continued decline in silver prices with a target of 56.25 is expected.
