Silver XAG/USD quotes are ending the trading week with a correction within a descending channel. Moving averages indicate an upward trend for the asset. Prices have broken above the area between the signal lines, indicating growing 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 58.65. Further growth in the silver price is expected with a potential target above 83.65, as per the XAG/USD forecast for the week.
Silver Weekly Forecast XAGUSD September 7 – 11, 2026
An additional signal favoring an increase in silver quotes and prices this trading week (September 7-11, 2026) will be a rebound from the support line on the relative strength indicator. A second signal will be a rebound from the upper boundary of the descending channel. A decline and a breakout of the 55.65 area will cancel out the upward trend in XAG/USD quotes this trading week. This will indicate a breakout of the lower boundary of the bullish channel and a continued decline in silver prices with a target below 44.65. A breakout of the upper boundary of the descending channel and a price close above 80.05 will confirm the upward trend.
Silver Weekly Forecast XAGUSD September 7 – 11, 2026, suggests an attempt to decline quotes and test support near 58.65. Subsequently, continued silver price growth will be expected with a target above 83.65. A test of the trendline on the relative strength indicator (RSI) will be an additional signal in favor of an upside move. A decline and a breakout of 55.65 in XAG/USD quotes would invalidate the upward trend. This would indicate a continued decline below 44.65.
