Silver price is falling -2.3%
November 10, 2026
NEWS: Silver price is falling -2.3% after US inflation data came in higher than expected.
Possible Scenarios:
If Silver fails to breach through S1 of 51.041, our Analysis Department expects Silver to undergo a short- term upward correction.
If Silver manages to break below its S1 of 51.041, our Analysis Department expects Silver to extend its losses to its S2 of 50.366
Support and Resistance Levels:
|
Silver |
S3 |
S2 |
S1 |
Reference Price |
R1 |
R2 |
R3 |
|
49.691 |
50.366 |
51.041 |
51.940 |
53.019 |
53.829 |
54.638 |
Potential Profit or Potential Loss Calculations:
|
10 cents per 1 trading lot* |
USD |
EUR** |
GBP*** |
||
|---|---|---|---|---|---|
|
(+/-) $100 |
(+/-) €89.38 |
(+/-) £74.62 |
|||
*1 trading lot is equivalent of 10000 units
**EUR/USD = 1.11888
***GBP/USD = 1.34007
Calculations for exchange rate used as of Tuesday, November 10, 2026, 13:37 GMT