Silver price is falling -1.7%
October 13, 2026
NEWS: Silver price is falling -1.7% as metals experience volatility ahead of tomorrow's expected CPI inflation data.
Possible Scenarios:
If Silver fails to breach through S2 of 59.223, our Analysis Department expects Silver to undergo a short- term upward correction.
If Silver manages to break below its S2 of 59.223, our Analysis Department expects Silver to extend its losses to its S3 of 58.672
Support and Resistance Levels:
|
Silver |
S3 |
S2 |
S1 |
Reference Price |
R1 |
R2 |
R3 |
|
58.672 |
59.223 |
59.775 |
60.510 |
61.392 |
62.054 |
62.716 |
Potential Profit or Potential Loss Calculations:
|
10 cents per 1 trading lot* |
USD |
EUR** |
GBP*** |
||
|---|---|---|---|---|---|
|
(+/-) $100 |
(+/-) €89.38 |
(+/-) £75.52 |
|||
*1 trading lot is equivalent of 10000 units
**EUR/USD = 1.11879
***GBP/USD = 1.32413
Calculations for exchange rate used as of Tuesday, October 13, 2026, 3:44: PM