SILVER
October 23, 2026
Risk Disclaimer: The example below is for illustrative purposes only and is based on price movements derived from Contracts for Difference (CFDs). The calculations reflect hypothetical outcomes using historical or specified price data for the relevant instrument on the stated date and are not indicative of future performance. Any reliance placed on this material is strictly at the user’s own risk.
Weekly Special Report: SILVER
TECHNICAL ANALYSIS:
SILVER: NOVEMBER 2025 – OCTOBER 2026 PRICE REVIEW
- BREAKING (OCTOBER 23): SILVER PRICE HIT ITS LOWEST RATE SINCE NOVEMBER 2025 ($53.434).
- SILVER PRICE TESTED $54- $50 AREA: 2 times between November 2025 and October 2026. On October 23, silver tested levels near the $54 - $50 area for the third time.
- AVERAGE PRICE LOW: $55.150.
- AVERAGE PRICE HIGH: $67.203.
- AVERAGE TIME TO RECOVER FROM LOW TO HIGH: 18.5 days
Data Source: Meta Trader 4
Please note that past performance does not guarantee future results
GRAPH (Daily): November 2025 – October 2026
Please note that past performance does not guarantee future results
EVENTS
- TUESDAY, OCTOBER 27 AT 14:00 GMT+1: U.S. CB CONSUMER CONFIDENCE (OCTOBER). The report provides insight into how American consumers perceive current economic conditions and future prospects. A decline in confidence could indicate softer consumer spending, potentially putting pressure on the U.S. dollar and supporting silver prices.
- THURSDAY, OCTOBER 29 AT 12:30 GMT+1: U.S. GDP (Q3). U.S. economic growth reached 2.2% in the final second-quarter reading, surpassing the 1.5% forecast. A weaker-than-expected result for the third quarter could raise concerns about slowing economic activity and weigh on the U.S. dollar, potentially benefiting silver prices.
U.S. FEDERAL RESERVE:
- WEDNESDAY, OCTOBER 28 AT 18:00 GMT+1: U.S. FEDERAL RESERVE (FED) INTEREST RATE DECISION. The benchmark interest rate currently stands at 4.00%, with markets widely anticipating no change at the upcoming meeting. A more dovish-than-expected policy statement could weaken the U.S. dollar and offer support to silver prices. Conversely, a more hawkish-than-expected policy statement could strengthen the U.S. dollar and exert downward pressure on silver prices.
- WEDNESDAY, OCTOBER 28 AT 18:30 GMT+1: PRESS CONFERENCE (FED CHAIR KEVIN WARSH). Market participants will assess Warsh’s remarks for clues about the Fed’s approach to inflation, economic growth, and future monetary policy. Any indication that additional rate increases are unlikely could reduce support for the U.S. dollar and offer support to silver prices. Conversely, a more hawkish-than-expected policy statement could strengthen the U.S. dollar and exert downward pressure on silver prices.
Silver, October 23, 2026
Current Price: 53.80
|
SILVER |
Weekly |
|
Market Trend |
|
|
67.00 |
|
|
63.00 |
|
|
58.00 |
|
|
50.00 |
|
|
48.00 |
|
|
46.00 |
Example of calculation based on weekly market trend for 1.00 Lot1
|
SILVER |
||||||
|
Pivot Points |
||||||
|
Profit or loss in $ |
132,000 |
92,000 |
42,000 |
-38,000 |
-58,000 |
-78,000 |
|
Profit or loss in €² |
117,962 |
82,216 |
37,534 |
-33,959 |
-51,832 |
-69,705 |
|
Profit or loss in £² |
98,688 |
68,782 |
31,401 |
-28,410 |
-43,363 |
-58,316 |
|
Profit or loss in C$² |
184,985 |
128,929 |
58,859 |
-53,253 |
-81,281 |
-109,309 |
- The above calculations are made based on 1.00 lot which is equivalent of 10,000 units
- Calculations for exchange rate used as of 10:00 (GMT+1) 23/10/2026
You can use risk management tools such as Stop-Loss and Take-Profit.
