September 18, 2026
NEWS: Silver price is rising 1.8% as lower oil prices and falling U.S. Treasury yields ease inflation concerns, supporting precious metals.
Possible Scenarios:
If Silver fails to breach through R1 of 67.979, our Analysis Department expects Silver to undergo a short- term downward correction.
If Silver manages to break above its R1 of 67.979, our Analysis Department expects Silver to extend its gains to its R2 of 68.825.
Support and Resistance Levels:
|
Silver |
S3 |
S2 |
S1 |
Reference Price |
R1 |
R2 |
R3 |
|
64.498 |
65.204 |
65.909 |
66.850 |
67.979 |
68.825 |
69.672 |
Potential Profit or Potential Loss Calculations:
|
10 cents per 1 trading lot* |
USD |
EUR** |
GBP*** |
|
(+/-) $100 |
(+/-) €87.08 |
(+/-) £74.79 |
*1 trading lot is equivalent of 10000 units
**EUR/USD = 1.14839
***GBP/USD = 1.33710
Calculations for exchange rate used as of Friday, September 18, 2026, 08:11 GMT+1
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