Silver Price Prediction for Next Week

Silver Price Prediction for Next Week (3rd  - 7th November 2025)

COMEX Silver extended its rebound after two consecutive weeks of decline, gaining +8% over the week and closing at $48.65/ounce. The weekly chart formed a dragonfly doji, reflecting strong buying support near lower levels and signaling a potential bullish reversal. Despite intraday volatility, prices managed to recover sharply from previous declines. Key support for the coming sessions is seen around $48.50–$45.90, while resistance lies at $50–$52. The overall structure remains constructive, with the broader trend expected to stay firm on dips.

MCX Silver reversed sharply after a -17% fall over the past two weeks, taking strong support from the 50% Fibonacci retracement level and rebounding nearly 10,000 pts from the weekly low of 139,300. The recovery coincides with the 50-DEMA support at 139,330, and the contract closed the week at 148,287, marginally above the 20, 50, 100, and 200 DEMA levels placed at 147,600, 139,300, 128,970, and 118,290, respectively.
On the 4-hour chart, an inverted head-and-shoulders pattern has emerged, indicating potential for a near-term bullish breakout if prices sustain above the neckline. Open Interest (OI) fluctuated through the week with an overall decline, suggesting position squaring and short-term profit booking rather than fresh long buildup. The daily indicators reflect a recovering momentum after a corrective phase. RSI stands at 60.42, rebounding from mid-range levels, signaling renewed strength, while MACD remains in positive crossover, confirming bullish undertones.

The Gold–Silver Ratio (Mint Ratio) declined by around -6% over the week, closing near 82.18, and continues to trade below key 20–50–100–200 DEMA supports at 80.02–77.40, highlighting silver’s continued relative strength and outperformance versus gold.

Overall, the trend in silver remains sideways to bullish, with expectations of continued stabilization and potential upside in the near term. Traders should look for buy-on-dips opportunities while monitoring volatility and momentum indicators for sustained strength.

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Prediction given by Technical Research Team - Choice.