NEWS: Silver price is falling -1.9% to a two month low as US Treasury yields rise to highest levels since 2002

 Possible Scenarios:

If Silver fails to breach through S2 of 59.057, our Analysis Department expects Silver to undergo a short- term upward correction.

If Silver manages to break below its S2 of 59.057, our Analysis Department expects Silver to extend its losses to its S3 of 58.554
 

Support and Resistance Levels:

 

Potential Profit or Potential Loss Calculations:

 

*1 trading lot is equivalent of 10000 units
**EUR/USD =  1.11697    
***GBP/USD =  1.31961    
Calculations for exchange rate used as of Wednesday, October 7, 2026, 1:51: P