Silver XAG/USD quotes are ending the trading week with a correction, but remain within the 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 to continue the bearish correction in the asset price and a test of the support level near the 78.25 area. Further growth in the silver price is expected, with a potential target above the 107.85 level.
Silver Weekly Forecast XAG/USD March 9 – 13, 2026
A rebound from the support line on the relative strength indicator (RSI) will signal an upward trend in silver quotes and prices during the current trading week (March 2 – March 6, 2026). A rebound from the lower boundary of the bullish channel will be the second signal. A decline and breakout of the 73.35 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 65.05. A breakout of the resistance level and a price close above 86.55 will confirm continued growth, signaling a breakout of the upper boundary of the Double Bottom reversal pattern and the beginning of the pattern’s implementation with targets above.
Silver Weekly Forecast XAG/USD March 9 – 13, 2026 suggests an attempt to test the support level near 78.25. Subsequently, silver prices will continue to rise with a target above 107.85. A test of the trend line on the relative strength indicator (RSI) would support an upside move. A decline and a break of 73.35 would invalidate the XAG/USD rally. This would indicate a continued decline below 65.05.
