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FX.co ★ Silver still has the potential to continue the downward movement toward its nearest support level today. Tuesday, October 28, 2025.

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Forex Analysis:::2025-10-28T03:26:58

Silver still has the potential to continue the downward movement toward its nearest support level today. Tuesday, October 28, 2025.

[Silver] – [Tuesday, October 28, 2025]

Based on technical data which indicates a weakening trend, such as the RSI in the Neutral-Bearish zone accompanied by a Bearish Divergence and the two EMAs forming a Death Cross, Silver is likely to weaken today toward its nearest support.

Key Levels:

1. Resistance. 2 : 49.590

2. Resistance. 1 : 48.240

3. Pivot : 47.145

4. Support. 1 : 45.795

5. Support. 2 : 44.700

Tactical Scenario:

Pressure Zone: If the XAG/USD price weakens and breaks down to close below 45.795, it will test the next support level at 44.700.

Momentum Extension Bias: If 44.700 is breached and closes below, there is potential for Silver to continue weakening to 43.350.

Invalidation Level / Bias Revision:

The downside bias is held if Silver strengthens and breaks above 49.590.

Technical Summary:

EMA(50) : 47.312

EMA(200): 48.513

RSI(14) : 40.25 + Bearish Divergent

Economic News Release Agenda:

Tonight, the following economic data will be released from the United States:

US - S&P/CS Composite-20 HPI y/y - 20:00 WIB

US - HPI m/m - 20:00 WIB

US - Richmond Manufacturing Index - 21:00 WIB

US - CB Consumer Confidence - Tentative

Silver still has the potential to continue the downward movement toward its nearest support level today. Tuesday, October 28, 2025.

Analyst InstaForex
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