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 upwards through the area between 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 82.05 area. Further growth in silver is then expected, with a potential target above the 105.55 level.
Silver Weekly Forecast XAG/USD January 19 – 23, 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 19-23, 2026). A rebound from the lower boundary of the bullish channel will be a second signal. A decline and breakout of the 72.05 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 65.65. A breakout of the resistance level and a price close above 96.35 will confirm continued growth.
Silver Weekly Forecast XAG/USD January 19 – 23, 2026 suggests an attempt to test the support level near 82.05. Subsequently, silver prices will continue to rise with a target above 105.55. 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 72.05. This would indicate a continued decline below 65.65.
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