NEWS: Silver price is increasing 1.5%, to reach a new all-time high, ahead of the Federal Reserve Interest Rate decision today.
Possible Scenarios:
if Silver fails to breach through R1 of 62.319, our Research Department expects the Silver to undergo a short- term downward correction.
If Silver manages to break above its R1 of 62.319, our Research Department expects the Silver to extend its gains to its R2 of 63.082.
Support and Resistance Levels:
|
Silver |
S3 |
S2 |
S1 |
Reference Price |
R1 |
R2 |
R3 |
|
59.182 |
59.818 |
60.454 |
61.302 |
62.319 |
63.082 |
63.846 |
Potential Profit or Potential Loss Calculations:
|
10 cents per 1 trading lot* |
USD |
EUR** |
GBP*** |
||
|---|---|---|---|---|---|
|
(+/-) $100 |
(+/-) €85.85 |
(+/-) £75.07 |
|||
*1 trading lot is equivalent of 10000 units
**EUR/USD = 1.16479
***GBP/USD = 1.33217
Calculations for exchange rate used as of Wednesday, December 10, 2025, 8:25 GMT