NEWS: Silver price is falling -3.7% after testing levels near all time high.
Possible Scenarios:
If Silver fails to breach through S2 of 49.777, our Research Department expects the Silver to undergo a short- term upward correction.
If Silver manages to break below its S2 of 49.777, our Research Department expects the Silver to extend its losses to its S3 of 48.911
Support and Resistance Levels:
|
Silver |
S3 |
S2 |
S1 |
Reference Price |
R1 |
R2 |
R3 |
|
48.911 |
49.777 |
50.643 |
51.797 |
53.182 |
54.221 |
55.260 |
Potential Profit or Potential Loss Calculations:
|
10 cents per 1 trading lot* |
USD |
EUR** |
GBP*** |
||
|---|---|---|---|---|---|
|
(+/-) $100 |
(+/-) €85.99 |
(+/-) £74.7 |
|||
*1 trading lot is equivalent of 10000 units
**EUR/USD = 1.16289
***GBP/USD = 1.33874
Calculations for exchange rate used as of Tuesday, October 21, 2025, 8:45 GMT+1