NEWS: Silver Price is falling -3.5% as reports of progress made in US-IRAN talks emerge.
Possible Scenarios:
If Silver fails to breach through S1 of 71.767, our Research Department expects the Silver to undergo a short- term upward correction.
If Silver manages to break below its S1 of 71.767, our Research Department expects the Silver to extend its losses to its S2 of 69.489
Support and Resistance Levels:
|
Silver |
S3 |
S2 |
S1 |
Reference Price |
R1 |
R2 |
R3 |
|
67.211 |
69.489 |
71.767 |
74.804 |
78.449 |
81.182 |
83.916 |
Potential Profit or Potential Loss Calculations:
|
10 cents per 1 trading lot* |
USD |
EUR** |
GBP*** |
||
|---|---|---|---|---|---|
|
(+/-) $100 |
(+/-) €84.64 |
(+/-) £73.99 |
|||
*1 trading lot is equivalent of 10000 units
**EUR/USD = 1.18145
***GBP/USD = 1.35158
Calculations for exchange rate used as of Tuesday, February 17, 2026, 15:35: GMT