Jump to content
Create New...

Silver appears to have the potential to strengthen up to its nearest resistance level today. Wednesday, October 01, 2025.

ExpertFX Podcast - No time to read? Let me read it for you. Press Play!

[Silver] – [Wednesday, October 01, 2025]

With the EMA position still in a Golden Cross and the RSI in the Neutral to Bullish zone, then Silver has the potential to appreciate today toward its nearest resistance levels.

Key Levels

1. Resistance. 2 : 47.840

2. Resistance. 1 : 47.225

3. Pivot : 46.500

4. Support. 1 : 45.855

5. Support. 2 : 45.160

Tactical Scenario

Positive Reaction Zone: If the XAG/USD price breaks and closes above 47.225, there is potential to test the 47.840 level.

Momentum Extension Bias: If 47.840 is successfully breached and closed above, Silver has the potential to move up to the 48.565 level.

Invalidation Level / Bias Revision

The upside bias weakens if Silver declines and breaks and closes below 45.160.

Technical Summary

EMA(50) : 46.644

EMA(200): 45.848

RSI(14) : 61.18

Economic News Release Agenda:

Tonight, the United States will release the following economic data:

US - ADP Non-Farm Employment Change - 19:15 WIB

US - Final Manufacturing PMI - 20:45 WIB

US - ISM Manufacturing PMI - 21:00 WIB

US - ISM Manufacturing Prices - 21:00 WIB

US - Construction Spending m/m - 21:00 WIB

US - Wards Total Vehicle Sales - All Day

US - Crude Oil Inventories - 21:30 WIB

analytics68dca8a7a4fe9.jpg

The material has been provided by InstaForex Company - www.instaforex.com
Latest comments

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.
Note: Your post will require moderator approval before it will be visible.

Terminal Visitor
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

TRADING HUB
● MARKET OPEN
Loading...
RETAILS SENTIMENT
INVERSE
  • Loading...


×
×
  • Create New...

Important Information

By using this site, you agree to our Terms of Use of Use and Privacy Policy

Search In
  • More options...
Find results that contain...
Find results in...

Write what you are looking for and press enter or click the search icon to begin your search

Live Global Sessions
Real-time NYSE Data Feed
Enjoying ExpertFX? 📈
Your review helps our community grow. Rate the app in seconds.