NEWS: Silver price is falling -2.5% as it retreates from its more than 14 – year highs
Possible Scenarios:
If Silver fails to breach through S2 of 41.357, our Research Department expects the Silver to undergo a short- term upward correction.
If Silver manages to break below its S2 of 41.357, our Research Department expects the Silver to extend its losses to its S3 of 41.117
Support and Resistance Levels:
Silver |
S3 |
S2 |
S1 |
Reference Price |
R1 |
R2 |
R3 |
41.117 |
41.357 |
41.598 |
41.918 |
42.302 |
42.591 |
42.879 |
Potential Profit or Potential Loss Calculations:
10 cents per 1 trading lot* |
USD |
EUR** |
GBP*** |
(+/-) $100 |
(+/-) €84.42 |
(+/-) £73.31 |
*1 trading lot is equivalent of 10000 units
**EUR/USD = 1.18450
***GBP/USD = 1.36406
Calculations for exchange rate used as of Wednesday, September 17, 2025, 09:50 GMT+1