Silver XAG/USD quotes are ending the trading week with growth within the bullish channel. Quotes have overcome the 38.88 mark. Moving averages indicate a bullish trend for the asset. Prices have broken through the area between the signal lines upwards, which indicates pressure from metal buyers and potential continuation of growth from current levels. At the moment, we should expect an attempt to develop a correction in the asset value and a test of the support level near the 36.65 area. Further, the continuation of the growth of the Silver price with a potential target above the 45.05 level.
Silver Weekly Forecast XAG/USD September 1 — 5, 2025
A rebound from the support line on the relative strength indicator will act in favor of the growth of quotes and prices for Silver in the current trading week of September 1-5, 2025. The second signal will be a rebound from the lower border of the bullish channel. The cancellation of the growth option for XAG/USD quotes will be a fall and a breakout of the 34.65 area. This will indicate a breakout of the support area and a continuation of the fall in Silver prices with a target below the 30.85 level. Confirmation of the development of growth will be a breakout of the resistance level and closing of prices above the 40.55 level.
Silver Weekly Forecast XAG/USD September 1 — 5, 2025 suggests an attempt to test the support level near the 36.65 area. Then, the continuation of the growth of Silver prices with a target above the 45.05 level. A test of the trend line on the relative strength indicator will act in favor of the rise. The cancellation of the XAG/USD growth scenario will be a fall and a breakout of the 34.65 level. This will indicate a continuation of the decline in quotes to the area below the 30.85 level.
Looking for the Best Forex Broker? We trade at RoboForex. You can receive a rebates from each trade when registering using our partner link
