Silver XAG/USD quotes are ending the trading week with gains within a bullish 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 at a bearish correction in the asset’s price and a test of the support level near 45.45. Further growth in silver prices is expected with a potential target above 59.75.
Silver Weekly Forecast XAG/USD November 3 – 7, 2025
A rebound from the support line on the relative strength indicator (RSI) will support upward price movements in silver quotes and prices during the current trading week (November 3-7, 2025). The second signal will be a rebound from the lower boundary of the bullish channel. A decline and a breakout of the 43.55 area would cancel the upward trend for XAG/USD. This would indicate a breakout of the support area and a continued decline in silver prices with a target below 39.55. A breakout of the resistance level and a price close above 50.05 would confirm continued growth.
Silver Weekly Forecast XAG/USD November 3 – 7, 2025 suggests an attempt to test the support level near 45.45. Then, silver prices will continue to rise with a target above 59.75. A test of the trendline on the relative strength indicator would support an upside move. A decline and a breakout of the 43.55 area would cancel the upward trend for XAG/USD. This would indicate a continued decline in prices below 39.55.
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