Silver XAG/USD quotes are ending the trading week within a developing correction and ascending channel. Moving averages indicate a bullish trend for the asset. Prices have broken upwards through the area between the signal lines, indicating 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 67.55 area. Further growth in the silver price is expected, with a potential target above the 93.05 level.
Silver Weekly Forecast XAG/USD January 5 – 9, 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 (January 5-9, 2026). A rebound from the lower boundary of the bullish channel will be a second signal. A decline and a breakout of the 64.05 area will cancel out the upward 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 56.55. A breakout of the resistance level and a price close above 84.55 will confirm continued growth.
Silver Weekly Forecast XAG/USD January 5 – 9, 2026 suggests an attempt to test the support level near 67.55. Then, continued growth in silver prices with a target above 93.05 will be supported by a test of the trendline on the RSI. The XAG/USD rally would be cancelled if it falls and breaks below 64.05. This would indicate a continued decline below 56.55.
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