Silver price is falling -1.9%
October 27, 2026
NEWS: Silver price is falling -1.9% as a stronger U.S. dollar weighs on precious metals ahead of tomorrow’s Federal Reserve interest rate decision.
Possible Scenarios:
If Silver fails to breach through S1 of 52.024, our Analysis Department expects Silver to undergo a short- term upward correction.
If Silver manages to break below its S1 of 52.024, our Analysis Department expects Silver to extend its losses to its S2 of 51.449
Support and Resistance Levels:
|
Silver |
S3 |
S2 |
S1 |
Reference Price |
R1 |
R2 |
R3 |
|
50.874 |
51.449 |
52.024 |
52.790 |
53.710 |
54.400 |
55.089 |
Potential Profit or Potential Loss Calculations:
|
10 cents per 1 trading lot* |
USD |
EUR** |
GBP*** |
|
(+/-) $100 |
(+/-) €89.58 |
(+/-) £75.03 |
*1 trading lot is equivalent of 10000 units
**EUR/USD = 1.11629
***GBP/USD = 1.33274
Calculations for exchange rate used as of Tuesday, October 27, 2026, 07:56 GMT+1