Silver XAG/USD quotes are ending the trading week with a decline, but remain within an ascending channel. 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 bullish correction in the asset price and a test of the resistance level near the 79.45 area. Further decline in the silver price is expected, with a potential target below the 52.45 level.
Silver Weekly Forecast XAG/USD March 23 – 27, 2026
A rebound from the resistance line on the relative strength indicator (RSI) will signal an upward trend in silver quotes and prices during the current trading week (March 16-20, 2026). A second signal will be a rebound from the lower boundary of the bullish channel. A decline in XAG/USD quotes would be cancelled by a strong rally and a breakout of the 82.55 area. This would indicate a breakout of the resistance area and continued silver price growth with a target above 90.65. A breakout of the support level and a price close below 65.05 would confirm further decline, signaling a breakout of another bullish channel boundary.
Silver Weekly Forecast XAG/USD March 23 – 27, 2026 suggests an attempt to test the resistance level near 79.45. Subsequently, a continued decline in silver prices with a target below 52.45. A test of the trendline on the relative strength indicator (RSI) would support a decline. A strong rally and a breakout of 82.55 would invalidate the XAG/USD decline. This would indicate a continued rise above 90.65.
