Silver Price Forecast July 9 2025
As of July 9, 2025, silver markets are trading in a well-defined range, reflecting a lack of strong momentum in either direction. The commodity is navigating near the pivot level of $36.90, with mixed technical indicators providing an uncertain outlook. Traders are advised to remain cautious and await a clearer breakout signal.
Intraday Overview:
- Pivot Point: 36.90
Trading Preference:
- Our Preference: Short positions below $36.90, targeting $36.40 and $36.15 in extension.
- Alternative Scenario: If the price breaks and sustains above $36.90, expect further upside momentum toward $37.05 and $37.20.
Technical Commentary:
The Relative Strength Index (RSI) is hovering around neutral territory, neither indicating overbought nor oversold conditions. This suggests that silver may continue to consolidate unless a catalyst triggers significant volatility.
Technical Analysis: Key Levels to Watch
| Level Type | Price (USD) |
|---|---|
| Resistance 2 | 37.20 |
| Resistance 1 | 37.05 |
| Pivot | 36.90 |
| Support 1 | 36.40 |
| Support 2 | 36.15 |
Silver remains confined between the support and resistance zones, hinting at a potential breakout in either direction. Traders should closely monitor these levels, especially around the pivot point.
Market Sentiment & Drivers
- Economic Data: Market participants await upcoming inflation and employment data from the U.S., which can influence silver prices through the USD and interest rate expectations.
- Interest Rates & Fed Policy: Continued speculation around Fed interest rate movements will be a primary driver of price direction for precious metals.
- Geopolitical Events: Any tension or instability on the global stage may lead to safe-haven demand for silver.
- Industrial Demand: Being both a monetary and industrial metal, silver’s price is also impacted by manufacturing trends, particularly in electronics and solar industries.
Silver Forecast Scenarios
Bearish Case:
If silver breaks below the pivot of $36.90 and sustains momentum downward, it could test $36.40 and possibly $36.15. Weak RSI, along with a strengthening dollar or rising treasury yields, may support this move.
Bullish Case:
A strong push above $36.90 may take silver towards the $37.05 and $37.20 resistance levels. This scenario might play out if inflation fears resurface or industrial demand picks up pace.
FAQs – Silver Price Forecast July 9, 2025
1. What is today’s pivot point for silver?
The pivot level is $36.90, which acts as a key decision point for intraday direction.
2. Should I buy or sell silver today?
Based on current technicals, short positions below $36.90 are preferred. However, if silver rises above this pivot, bullish momentum may take over.
3. What are key support levels for silver today?
Key support levels to watch are $36.40 and $36.15.
4. What could push silver prices higher today?
Positive economic data or a drop in the U.S. dollar index could create upward pressure on silver prices.
5. Is silver a good investment in July 2025?
Silver continues to offer a hedge against inflation and portfolio diversification. However, short-term traders should monitor technical indicators for intraday decisions.
The silver market on July 9, 2025, presents a cautious yet potentially profitable landscape. With prices ranging around the pivot level, traders are urged to remain vigilant and flexible. Both upside and downside scenarios are on the table, and careful observation of support and resistance levels is key.
Disclaimer
This article is for informational purposes only and should not be considered financial or investment advice. Trading commodities involves significant risk and may not be suitable for all investors. Always conduct your own research or consult with a qualified financial advisor before making trading decisions.
