Silver XAG/USD quotes are ending the trading week with gains within a bullish channel. Quotes have surpassed 50.35. Moving averages indicate a bullish trend for the asset. Prices have broken above the signal lines, indicating upward pressure from metal buyers and potential further 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 47.65. Further growth in the silver price is expected, with a potential target above 59.65.
Silver Weekly Forecast XAG/USD October 13 – 17, 2025
A rebound from the support line on the relative strength indicator (RSI) will signal an upward trend in silver prices during the current trading week (October 13-17, 2025). A rebound from the lower boundary of the bullish channel will be a second signal. A decline and breakout of the 42.55 area will cancel out the upward trend in XAG/USD. This will indicate a breakout of the support area and a continued decline in silver prices with a target below 38.65. A breakout of the resistance level and a price close above 51.45 will confirm continued growth.
Silver Weekly Forecast XAGUSD October 13 – 17, 2025 suggests an attempt to test the support level near 47.65. Subsequently, silver prices will continue to rise with a target above 59.65. A test of the trendline on the RSI will support an upward trend. The XAG/USD rally would be cancelled if it falls and breaks below 42.55. This would indicate a continued decline below 38.65.
