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

[Ben Graham]

[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

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