Silver XAG/USD quotes are ending the trading week with a correction but remain within the ascending channel and forming a “Wedge” reversal pattern. Moving averages indicate a bullish trend for the asset. Prices are again testing the area between the signal lines, indicating pressure from metal buyers and potential continued growth from current levels. Currently, we should expect an attempt to continue the bearish correction in the asset price and a test of the support level near the 67.55 area. Further growth in the silver price is expected, with a potential target above the 95.65 level.
Silver Weekly Forecast XAG/USD April 13 – 17, 2026
A rebound from the support line on the relative strength indicator (RSI) will signal an increase in silver quotes and prices during the current trading week (April 13-17, 2026). A rebound from the lower boundary of the bullish channel will be a second signal. A strong rally and a breakout of the 60.05 area will cancel out the downward trend in XAG/USD quotes. This will indicate a breakout of the support area and a continued decline in silver prices with a target below 50.05. A breakout of the resistance level and a price close above 79.05 will confirm further price growth, signaling a breakout of the upper boundary of the Wedge reversal pattern and the beginning of the pattern’s implementation with targets above.
Silver Weekly Forecast XAG/USD April 13 – 17, 2026 suggests an attempt to test the support level near 67.55. Then, silver prices will continue to rise with a target above 95.65. A test of the trendline on the relative strength indicator (RSI) will support the upside. A decline and a break of 60.05 will cancel out the XAG/USD rally. This will indicate a continued decline below 50.05.
