Silver Price forecast for today by Traders Union analysts
Traders closely monitor silver price forecasts, as the asset is considered suitable for hedging risks and is subject to relative volatility, which is formed by supply and demand for this precious metal. Silver has a thousand-year history; it was first mined even before our era.
The use and the price of this precious metal have gradually increased. The asset has a positive correlation with gold and negative correlation with the U.S. dollar. Just like its ‘older brother’, silver provides certain protection against inflation and can be used for investment portfolio diversification.
Silver price performance shown on an interactive chart, and silver price forecast can help find good position entry/exit points to allow traders to earn profit. This also helps make informed trading decisions and adjust trading strategy accordingly.
Traders Union analysts prepare silver price forecasts for today and next trading days using methods and instruments of technical analysis (technical indicators, figures, support/resistance levels, etc.) to provide you with additional information for short, medium and long-term investing.
XAG/USD tests resistance
04.07.2025
Silver is trying to continue its recovery but has not yet broken resistance at $36.90 per ounce. The nearest support is around 36.65, above which there is potential to break resistance and rise toward 37.40; losing support would lead to a decline toward $36.20–36.00 per ounce.
XAG/USD declines on US data
03.07.2025
After buying silver from support at $36.40 per ounce, bulls tested 37.05 resistance, after which metal prices returned to support. Solid US labor market data supports profit-taking on long positions, though it’s unlikely to trigger large-scale silver sell-offs, so the current decline may be used for buying. A break of support would lead to a decline toward $36.00–35.70 per ounce.
XAG/USD demand on declines persists
02.07.2025
Another decline in silver to support at $35.90 per ounce was used for buying, with bulls currently testing resistance 36.33. Next, they may test resistance 36.50–36.60, where bears could become more active. Losing support 36.20 would lead to a decline toward $36.00–35.90 per ounce.
XAG/USD recovers after decline
01.07.2025
Buying interest in silver from support at $35.85 per ounce helped break 36.20 resistance and test 36.62. However, prices came under pressure there, pulling back to current support at 36.20. As a result, the risk of a decline toward 36.00–35.80 remains, though holding above current support increases the chances of breaking resistance and rising toward $36.70 per ounce.
XAG/USD bought up again from support
30.06.2025
Maintaining pressure on silver prices, bears once again attempted to break support at $35.40–35.30 per ounce, but the metal was bought up again, and bulls are once more attacking 36.20 resistance, increasing the chances of a break and a rise toward $36.60–36.90, where selling may resume. Overall, there are still no signs of a trend reversal, which would only be signaled by a break below the mentioned support.
XAG/USD bought on dip
25.06.2025
The rebound in silver to resistance at $36.20 per ounce was used for selling, leading to the break below 35.60 support and the test of 35.30. The metal was bought again on the decline, and bulls are now attempting to break 36.00 resistance. The current pullback may also be used for selling and a test of 35.60 support; a break of resistance would lead to a rise toward $36.20–36.40 per ounce.
XAG/USD decline continued
23.06.2025
Under persistent selling pressure, silver prices broke support at $36.20 per ounce and fell to support at $35.55. The metal was bought on the dip, but bulls failed to break 36.15 resistance on the first attempt. A renewed gold rally could support silver’s rise toward 36.40–36.80; a loss of local support at $35.90 per ounce would lead to a decline toward $35.60–35.40 per ounce.
XAG/USD continues to decline
20.06.2025
Silver remains under selling pressure, pushing its price below support at $36.25 per ounce and down to support at $35.55. A recovery toward 36.20–36.40 is possible from this level; a break of support would lead to a decline toward $35.20–35.00 per ounce.
XAG/USD trades mixed
16.06.2025
After rising to resistance at $36.90 per ounce, silver quotes fell to 35.50, where it was bought again, but bulls have yet to break 36.60 resistance. The nearest support is around 36.00, above which chances remain to break resistance and rise toward $36.80–$37.00 per ounce; losing support would lead to a decline toward $35.70–35.50 per ounce.
XAG/USD Bulls Test $36.30/oz
09.06.2025
After a short consolidation, silver broke through the resistance at $34.80 per ounce and its quotes soared to the resistance at $36.30. The nearest support is at $35.85, above which the chances of breaking through the current resistance and growth towards $37.00-37.50 remain high; loss of support will lead to a decline towards $35.40-35.00 per ounce.
XAG/USD continues to rise
05.06.2025
Silver was bought up again, allowing bulls to break resistance at $34.80 per ounce and test 35.80. The metal’s rise may continue toward 36.20–36.50, while pullbacks to 35.20–35.00 could be used for buying; a break below the latter would lead to a decline toward $34.50–34.00 per ounce.
XAG/USD remains in range
30.05.2025
Silver came under selling pressure again, pushing prices down to support at $32.95 per ounce. The metal remains in a consolidation phase, where bulls' inability to break 33.40–33.50 resistance increases the risk of a break below current support and a test of $32.70–32.50 per ounce; a move through 33.20 would allow bulls to retest $33.40–33.50 per ounce resistance.
XAG/USD bought on dip
28.05.2025
Silver came under selling pressure yesterday, breaking support at $33.30 per ounce and testing 32.80 support. Demand remains on the dip, and bulls have now tested 33.30 resistance. A break above it would lead to a rise toward 33.50–33.70; loss of local 33.20 support would result in a decline to $33.00–32.80 per ounce.
XAG/USD testing support at $33.35 per ounce
26.05.2025
Silver’s decline toward $32.90 per ounce was used for buying, which allowed bulls to test 33.50 resistance. The nearest support lies around 33.35, above which chances remain for a break and a move toward 33.70–34.00. However, if gold prices fall, this support may be broken and bears could retest $33.00–32.90 per ounce.
XAG/USD sold on rally
23.05.2025
Yesterday’s decline in silver, which broke support at $33.30–33.20 per ounce, was halted by buying interest from 32.63, after which the metal rebounded to what is now 33.30 resistance. Bulls’ inability to break this resistance increases the risk of a move back to support and a potential break lower; a move through resistance would lead to an advance toward $33.50–33.70 per ounce.
XAG/USD sold on upward bounce
16.05.2025
After bears broke support at $32.30 per ounce, silver prices declined to 31.66, but after testing it, they returned to 32.70 resistance. Attempts to rise continue to face selling pressure, and a series of lower highs is forming, suggesting a break of 32.20–32.10 support and a move toward yesterday’s low. Holding above 32.20 would allow silver to retest 32.60–32.70.
XAG/USD trades flat
14.05.2025
Selling from resistance around $33.00 per ounce, silver bears continue to try breaking 32.60 support, but all their attempts so far have been unsuccessful. Above this level, there are still chances for a break of resistance and a rise toward 33.20–33.50; losing support would lead to a decline toward $32.30–32.00 per ounce.
XAG/USD sold on attempted rise
12.05.2025
Silver was sold near $33.00 per ounce, leading to the break of 32.30 support and the decline to 31.90 support. Bulls are now attempting to break above 32.30, which has turned into resistance, with risks still skewed toward breaking current support and falling toward 31.50. A move through resistance would open the way to gains toward $32.60–32.80 per ounce, where selling may resume.
XAG/USD bears attempt to break support
09.05.2025
Silver is also under selling pressure, but support at $32.30–32.20 per ounce continues to hold back the bears. Upside attempts are limited by 32.60–32.70 resistance, a break of which would lead to a rise toward $33.00–33.25 per ounce. A loss of support would trigger a decline toward $32.00–31.80.
XAG/USD sold on attempts to rise
08.05.2025
Under selling pressure, silver prices declined toward support at $32.30 per ounce. On a rebound to 32.90 resistance, the metal was sold again, and bears are once again attempting to break support. The risks of a break and a decline toward $32.00 support have increased significantly; a move through 32.60 would lead to a rise toward $32.90–33.20 per ounce.
XAG/USD is gaining
06.05.2025
Silver buying from support at $32.20 per ounce led to the break 32.70 resistance and the move toward 33.15. At current levels, selling is possible with bears likely to test 32.70–32.50 support, but the outlook for the metal remains constructive, and a continued rise toward $33.50–34.00 per ounce is still on the table.
XAG/USD remains under pressure
05.05.2025
Silver selling on the rally to resistance at $32.70 per ounce pushed prices back to 32.00 support. The current rebound is capped by 32.45 resistance, below which risks of a break of support and a decline toward 31.70–31.50 will prevail. Overall, the metal's outlook remains constructive, so the decline in prices may still be used for buying.
XAG/USD bought on dip
02.05.2025
Remaining under selling pressure, silver prices broke 32.20 support and tested 31.70 support. On the decline, the metal was bought up again, and bulls are now attempting to break 32.70 resistance. Below this, the risks of a decline toward 32.20–32.00 would remain; a break of resistance would lead to a rise toward $33.00–33.50 per ounce.
XAG/USD selling off
01.05.2025
After breaking support at $32.70 per ounce, silver tested 32.20 support. On the rebound to 32.75, the metal was sold again, and this time bears broke support and have now tested 31.73. Next, 31.50–31.30 support may be tested, while rebounds toward 32.00–32.20 may be used for selling.
XAG/USD breaks support at $32.70 per ounce
30.04.2025
Once again under selling pressure, silver fell from resistance around $33.50 per ounce to 32.70 support, broke it, and tested 32.22. A rebound toward 32.70–33.00 is possible from current levels. A break of support would lead to a decline toward $31.90–31.60 per ounce.
XAG/USD bought on the dip
29.04.2025
Yesterday's decline in silver prices was halted by buying interest from support $32.70 per ounce. After testing it, prices returned to 33.20 resistance, which bulls are currently attempting to break. If successful, they could test 33.40–33.50, where bear activity may resume; otherwise, the risk of a break below 32.70 increases, leading to a decline toward 32.40–32.00 per ounce.
XAG/USD sold again
28.04.2025
Once again, silver bulls failed to break resistance at $33.65 per ounce, which led to a break of 33.30 support and a decline toward 32.90–32.80 support. This decline may also be used for buying and testing 33.30–33.50 resistance; losing support would lead to a decline toward $32.50–32.20 per ounce.
XAG/USD remains below $33.70 per ounce
25.04.2025
A pullback in silver prices to support at $33.30 per ounce attracted buying interest once again, but bulls were unable to break 33.70 resistance. However, support continues to hold off the bears, keeping the chances of breaking resistance and rising toward $34.00 intact; a loss of support would lead to a decline toward $33.00–32.70 per ounce.
XAG/USD moves higher
24.04.2025
Amid demand from support at $32.70 per ounce, silver prices broke 33.10 resistance and tested 33.65 resistance, after which there was a pullback to 33.30 support. From here, a rise back to resistance is possible, and if broken toward 34.00; losing support would lead to a decline toward $33.00–32.70 per ounce.
XAG/USD trades in range
23.04.2025
Silver continues to trade in a range. The decline toward support at $32.10 per ounce has been used for buying once again, while 33.00–33.10 resistance has yet to be broken. Overall, the chances of a break higher and a move toward 33.50–33.80 remain; a loss of 32.50 support would increase the risk of breaking below and falling toward $31.70–31.50 per ounce.
Silver price chart
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What are the benefits of the silver price forecast for next week?
The silver price depends on various factors, including supply and demand in the market, silver ratio to gold, condition of global economy and geopolitical environment. In addition, the silver price may rise when the U.S. dollar weakens, which makes the precious metal more accessible for purchase in other countries. In turn, a strong U.S. dollar causes the silver price to decline.
Investing in silver cannot be considered risky. However, the silver real time price chart and forecast by TU analysts will help you make informed trades and earn profit.
FAQ
1
What factors impact the silver price?
Silver price growth or decline depends on many
indicators. The degree of influence of prices for other commodities, supply and demand in the market, investor moods and macroeconomic indicators need to be taken into consideration.
2
Is the silver price dependent on the gold price?
Silver is called the gold’s “younger brother” for a reason. The silver price follows the gold price and there is a positive correlation between them. However, the silver price chart tends to have more abrupt movements, because this precious metal is more volatile than gold.
3
Can silver be considered a defensive asset?
Like gold, silver provides certain protection against stock market decline, currency and inflation risks. However, a return can be earned only if the price grows, as silver does not bring dividends.
4
How do you trade silver in the Forex market?
You can trade silver spot, silver futures and
CFDs. It is up to an investor to decide on the option. The important thing is to consider possible risks and invest only uncommitted funds.