Silver XAG/USD quotes are ending the trading week with gains within a bullish channel. Quotes have surpassed 47.26. 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 support near 44.75. Further upward movement in silver is expected with a potential target above 52.85.
Silver Weekly Forecast XAG/USD October 6 — 10, 2025
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 (October 6 — 10, 2025). A rebound from the lower boundary of the bullish channel will be a second signal. A decline and breakout of the 42.75 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 39.65. A breakout of the resistance level and a price close above 49.05 will confirm continued growth.
Silver Weekly Forecast XAG/USD October 6 — 10, 2025 suggests an attempt to test the support level near 44.75. Subsequently, silver prices will continue to rise with a target above 52.85. 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 42.75. This would indicate a continued decline below 39.65.
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