Silver XAG/USD quotes are ending the trading week with a correction, but remain within the ascending channel. Moving averages indicate a bullish trend for the asset. Prices have broken upwards through the area between the signal lines, indicating 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 67.35 area. Further growth in the silver price is expected, with a potential target above the 107.55 level.
Silver Weekly Forecast XAGUSD April 20 – 24, 2026
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 (April 20-24, 2026). A rebound from the lower boundary of the bullish channel will be a second signal. A strong rally and a breakout of the 57.65 area will cancel out the downward trend in XAG/USD. This will indicate a breakout of the support area and a continued decline in silver prices with a target below 50.05. A breakout of the resistance level and a price close above 82.55 will confirm further price growth.
Silver Weekly Forecast XAGUSD April 20 – 24, 2026 suggests an attempt to test the support level near 67.35. Then, silver prices will continue to rise with a target above 107.55. 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 57.65. This would indicate a continued decline below 50.05.
