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FX.co ★ As long as it does not break and close below Support 2, Silver is likely to strengthen. Wednesday, September 24, 2025.

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Forex Analysis:::2025-09-24T05:51:24

As long as it does not break and close below Support 2, Silver is likely to strengthen. Wednesday, September 24, 2025.

[Silver] – [Wednesday, September 25, 2025]

With both EMAs in a Golden Cross configuration, even though the RSI is at a Neutral-Bearish level, Silver is expected to continue moving in line with its main bias (upward) today.

Key Levels

1. Resistance. 2 : 44.805

2. Resistance. 1 : 44.395

3. Pivot : 44.005

4. Support. 1 : 43.595

5. Support. 2 : 43.205

Tactical Scenario

Positive Reaction Zone: If silver breaks out and closes above 44.005, there is the potential for continued strengthening toward 44.395.

Momentum Extension Bias: If 44.395 is breached and closes above that level, there is potential to continue strengthening and test 44.805.

Invalidation Level / Bias Revision

The upside bias weakens if silver breaks and closes below 43.205.

Technical Summary

EMA(50) : 43.216

EMA(200): 43.959

RSI(14) : 45.68

Economic News Release Agenda:

From the United States later tonight, there will be the following data releases:

US - New Home Sales - 21:00 WIB

US - Crude Oil Inventories - 21:30 WIB

As long as it does not break and close below Support 2, Silver is likely to strengthen. Wednesday, September 24, 2025.

Analyst InstaForex
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