Silver XAG/USD quotes are ending the trading week within a growing and ascending channel. Moving averages indicate a bullish trend for the asset. Prices have broken above the signal lines, indicating upward pressure from metal buyers and potential continued growth from current levels. Currently, we should expect an attempt at a bearish correction in the asset’s price and a test of the support level near the 76.45 area. Further growth in silver is expected with a potential target above the 96.75 level.
Silver Weekly Forecast XAG/USD January 12 – 16, 2026
A rebound from the support line on the relative strength indicator (RSI) will signal an upward trend in silver prices during the current trading week (January 12-16, 2026). A rebound from the lower boundary of the bullish channel will be a second signal. A decline and breakout of the 65.05 area will cancel out the upward trend in XAG/USD. This will indicate a breakout of the support area and a continued decline in silver prices with a target below 57.45. A breakout of the resistance level and a price close above 86.65 will confirm continued growth.
Silver Weekly Forecast XAG/USD January 12 – 16, 2026 suggests an attempt to test the support level near 76.45. Subsequently, silver prices will continue to rise with a target above 96.75. A test of the trendline on the RSI will support an upward trend. The XAG/USD rally would be cancelled if it falls and breaks below 65.05. This would indicate a continued decline below 57.45.
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