Silver Price Forecast – June 19, 2025
XAG/USD is facing stiff resistance at $36.95 as it struggles to extend recent gains. A failure to break this level may trigger downside movement toward key support areas. Traders are advised to maintain a cautious bearish outlook unless a clear breakout occurs above the pivot.
Technical Overview
- Pivot Level: $36.95
- RSI Status: Near neutral, leaning bearish below resistance
Preferred Intraday Setup – Bearish Bias
- Sell Below: $36.95
- Target 1: $36.50
- Target 2: $36.35
Alternative Bullish Scenario
- Buy Above: $36.95
- Target 1: $37.10
- Target 2: $37.30
RSI and Trend Analysis
The Relative Strength Index (RSI) is hovering near 50%, indicating indecision. However, repeated failures at $36.95 may result in bearish momentum. If RSI dips below 45, it could confirm further downside pressure.
🔧 Key Technical Levels
Resistance:
- Immediate Resistance: $36.95 (Pivot)
- Upper Resistance: $37.10
- Major Resistance: $37.30
Support:
- First Support: $36.50
- Stronger Support: $36.35
Market Sentiment Overview
- Economic Data: Lack of bullish catalysts and weak demand-side fundamentals weigh on silver.
- US Dollar Impact: A strengthening dollar is putting pressure on commodities, including silver.
- Inflation Trends: Silver remains sensitive to inflation expectations and real interest rates.
- Risk Appetite: As market sentiment remains cautious, safe-haven demand is muted.
Trading Strategy – June 19, 2025
- Entry Zone: Look for bearish candlestick patterns near $36.95.
- Confirmation: Use RSI divergence and volume indicators.
- Stop-Loss: Place above $37.10 to manage upside risk.
- Profit Booking: Near $36.50 and $36.35 for intraday setups.
- Avoid Overtrading: Stay out during unclear price action near pivot.
Frequently Asked Questions (FAQs)
Q1: What is today’s silver pivot level?
A1: The pivot is $36.95.
Q2: What’s the preferred trading direction?
A2: Bearish bias below $36.95.
Q3: What resistance zones are critical?
A3: $36.95, $37.10, and $37.30.
Q4: Where is support found if the price drops?
A4: $36.50 and $36.35.
Q5: What does RSI indicate?
A5: RSI is neutral but favors a drop unless a breakout happens.
Q6: Is this setup for day traders?
A6: Yes, this analysis is ideal for intraday traders.
Q7: Can a break above $36.95 flip the trend?
A7: Yes, above $36.95, the outlook may shift to bullish short-term.
⚠️ Disclaimer:
This article is for informational and educational purposes only. It does not constitute investment advice or trading recommendations. Trading precious metals involves risk. Please consult a certified financial advisor before making financial decisions.
