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FX.co ★ Although there is potential for an upward movement, the overall bias on Silver remains under pressure from sellers. Wednesday, October 22, 2025.

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Forex Analysis:::2025-10-22T05:46:26

Although there is potential for an upward movement, the overall bias on Silver remains under pressure from sellers. Wednesday, October 22, 2025.

[Silver] – [Wednesday, October 22, 2025]

Although the RSI is in the Neutral-Bullish zone and a Bullish Divergence has formed, the ongoing Death Cross between the two EMAs suggests any strengthening is likely to be temporary, with Silver expected to return to its previous bearish bias.

Key Levels:

1. Resistance. 2 : 54.407

2. Resistance. 1 : 51,533

3. Pivot : 49,697

4. Support. 1 : 46,823

5. Support. 2 : 44,987

Tactical Scenario:

Pressure Zone: If the price breaks down and closes below 46,823, it will likely test the 44,987 level.

Momentum Extension Bias: If 44.987 is breached and closes below, Silver may continue weakening toward 42,113.

Invalidation Level / Bias Revision:

The downside bias is invalidated if Silver strengthens and breaks out to close above 54,407.

Technical Summary:

EMA(50) : 49,445

EMA(200): 51,166

RSI(14) : 51.58 + Bullish Divergent

Economic News Release Agenda:

At 21:30 WIB, the United States will release Crude Oil Inventories data.

Although there is potential for an upward movement, the overall bias on Silver remains under pressure from sellers. Wednesday, October 22, 2025.

Analyst InstaForex
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