Silver Market Outlook – June 16, 2025
Silver (XAG/USD) continues to consolidate above key support levels as of June 16, 2025, with traders closely monitoring intraday movements around the 36.05 pivot. The commodity is currently showing neutral to bullish signals as technical indicators suggest momentum could tilt in favor of the bulls, provided prices hold above key support zones.
This analysis covers technical indicators, resistance and support levels, RSI positioning, and potential trade setups for today’s market.
Intraday Technical Levels and Strategy
- Pivot Point: 36.05
- RSI Reading: Neutral (around 50%)
Preferred Trading Scenario:
- Action: Long positions
- Entry: Above 36.05
- Target 1: 36.60
- Target 2: 36.80
Alternative Scenario:
- Action: Short positions
- Entry: Below 36.05
- Target 1: 35.85
- Target 2: 35.65
RSI and Momentum Commentary
The Relative Strength Index (RSI) is currently positioned around 50%, indicating neutral momentum. This suggests that the market is undecided but primed for a potential breakout. A move higher accompanied by a rising RSI could validate a bullish breakout scenario. Conversely, a dip below the 36.05 pivot could trigger a mild retracement toward the next support levels.
Key Support and Resistance Levels
- Immediate Resistance: 36.60
- Extended Resistance: 36.80
- Immediate Support: 35.85
- Major Support: 35.65
Technical Patterns to Watch
- Sideways Channel with emerging bullish bias
- Neutral RSI provides breakout potential in either direction
- Consolidation near pivot signaling accumulation before a potential move
Traders should be cautious but ready to act as silver attempts to build direction from this consolidation phase.
Fundamental Factors Influencing Silver Prices
- Inflation Expectations: Persistent inflationary signals support safe-haven demand.
- Industrial Demand: Increased green energy adoption and manufacturing contribute to silver demand.
- Monetary Policy Outlook: Market speculation around central bank actions continues to impact non-yielding assets.
- US Dollar Index Movement: A softer dollar tends to lift silver, making it cheaper for non-USD buyers.
- Global Economic Uncertainty: Ongoing geopolitical risks boost silver’s safe-haven appeal.
Frequently Asked Questions (FAQs)
Q1: What is the pivot level for silver on June 16, 2025?
A1: The pivot point is 36.05. A move above it supports a bullish outlook.
Q2: Is silver bullish or bearish today?
A2: Currently neutral to bullish, depending on price action around the 36.05 support.
Q3: What are the upside targets for silver today?
A3: 36.60 and 36.80 are the key resistance levels in focus.
Q4: What indicators confirm a bullish trend?
A4: A break above 36.05 supported by RSI crossing 55 or higher would be a bullish confirmation.
Q5: When would the bullish setup be invalidated?
A5: A sustained break below 36.05 could drive prices toward 35.85 or 35.65.
Q6: What is the RSI saying about silver today?
A6: The RSI is at 50%, indicating balance. Movement above 55 would suggest renewed bullish strength.
Q7: How does silver compare to gold in terms of market movement today?
A7: Silver is consolidating while gold is showing stronger bullish momentum, making silver a potential lagging play.
Q8: Should traders use stop-losses in silver trades today?
A8: Absolutely. Setting stop-losses below recent support (e.g., 35.85) is essential for risk management.
⚠️ Disclaimer
This analysis is for informational purposes only and should not be considered financial advice. Trading commodities like silver involves significant risk and may not be suitable for all investors. Always conduct your own research and consult a licensed financial advisor before making any investment decisions.
