Silver XAG/USD quotes are ending the trading week with a strong bearish correction within a bullish channel. Moving averages indicate an upward trend for the asset. Prices have broken above the area between the signal lines, indicating growing 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 77.05 area. Further growth in the silver price is then expected with a potential target above the 103.65 level, as part of the weekly forecast.
Silver Weekly Forecast XAG/USD May 18 – 22, 2026
An additional signal of upward price movement for silver during the current trading week (May 18-22, 2026) will be a rebound from the support line on the relative strength indicator. A second signal will be a rebound from the lower boundary of the long-term bullish channel. A decline and a breakout of the 64.05 area will cancel out the upward movement for XAG/USD this week. This will indicate a breakout of the support area and a continued decline in silver prices with a target below 55.05. A breakout of the resistance level and a price close above 82.55 will confirm further price growth, signaling a breakout of the upper boundary of the downward correction channel.
Silver Weekly Forecast XAG/USD May 18 – 22, 2026 suggests an attempt to decline and test the support level near 77.05. Then, silver prices will continue to rise with a target above 103.65. A test of the trend line on the relative strength indicator will serve as an additional signal for an upside move. A decline and a break of 64.05 will cancel out the XAG/USD rally. This will indicate a continued decline below 55.05.
