NEWS: Silver price is rising 3.1% amid persistent geopolitical tensions in the Middle East support safe-haven demand.
Possible Scenarios:
If Silver fails to breach through R1 of 82.599, our Research Department expects Silver to undergo a short- term downward correction.
If Silver manages to break above its R1 of 82.599, our Research Department expects Silver to extend its gains to its R2 of 84.097.
Support and Resistance Levels:
|
Silver |
S3 |
S2 |
S1 |
Reference Price |
R1 |
R2 |
R3 |
|
76.436 |
77.685 |
78.935 |
80.600 |
82.599 |
84.097 |
85.596 |
Potential Profit or Potential Loss Calculations:
|
10 cents per 1 trading lot* |
USD |
EUR** |
GBP*** |
|
(+/-) $100 |
(+/-) €84.5 |
(+/-) £74.29 |
*1 trading lot is equivalent of 10000 units
**EUR/USD = 1.18345
***GBP/USD = 1.34611
Calculations for exchange rate used as of Friday, February 20, 2026, 09:30 GMT