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 are again testing 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 65.05 area. Further growth in the silver price is expected, with a potential target above the 102.05 level.
Silver Weekly Forecast XAGUSD April 6 – 10, 2026
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 (April 6-10, 2026). A second signal will be a rebound from the lower boundary of the bullish channel. A downward trend in XAG/USD quotes would be canceled if a strong rally and a breakout of the 60.05 area were observed. This would 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 80.05 would confirm further price growth, signaling a breakout of the upper boundary of the downward correction channel.
Silver Weekly Forecast XAGUSD April 6 – 10, 2026 suggests an attempt to test the support level near 65.05. Subsequently, silver prices will continue to rise with a target above 102.05. A test of the trend line on the relative strength indicator (RSI) would support an upside move. A decline and a breakout of 60.05 would invalidate the XAG/USD rally. This would indicate a continued decline below 50.05.
