Silver Intraday Forecast – June 2, 2025
Silver (XAG/USD) is displaying signs of an intraday rebound as it holds firm above the critical support pivot at $32.85. A bounce is expected, with bullish momentum likely to strengthen if buyers maintain control above this level.
✅ Bullish Scenario: Long Above $32.85
- Entry Zone: Buy above $32.85
- Targets:
- Initial: $33.25
- Extension: $33.35
- Technical Insight:
- RSI is climbing from neutral territory, suggesting a potential bullish reversal.
- Momentum is gaining with price stabilization above the pivot point.
- Watch for volume upticks to validate the move.
❌ Alternative Bearish Scenario: Breakdown Below $32.85
- Entry Zone: Sell below $32.85
- Targets:
- Initial: $32.70
- Extension: $32.55
- Risk Signals:
- A sustained drop below $32.85 would invalidate the bullish setup.
- RSI breakdown below 50 could support downside momentum.
- Monitor macroeconomic news and USD strength as catalysts.
🔍 Technical Snapshot – June 2, 2025
Indicator | Signal |
---|---|
Pivot Level | $32.85 |
RSI | Signaling rebound |
Volume | Moderate – confirmation needed |
MACD | Neutral – awaiting crossover |
Sentiment | Cautious Bullish |
🧠 Trading Strategy Tips:
- 🎯 Watch $32.85 for confirmation of bounce or breakdown.
- 🛡️ Use tight stop-losses below pivot for risk control.
- 💹 Trail stops if price breaks $33.25 to secure gains.
- 🌐 Track macro headlines (e.g. Fed updates, inflation data) affecting metal markets.
Frequently Asked Questions (FAQs)
🔸 What is the key pivot for Silver (XAG/USD) on June 2, 2025?
The key pivot is $32.85. This level is critical for determining whether silver will bounce or break lower intraday.
🔸 What are the bullish targets for Silver?
If silver holds above $32.85, the upside targets are $33.25 and $33.35.
🔸 What signals support a bullish setup?
The RSI is pointing higher, indicating momentum may shift toward the bulls. A sustained price above $32.85 strengthens this case.
🔸 When should traders consider bearish setups?
A bearish setup becomes valid if silver falls below $32.85, targeting $32.70 and $32.55.
🔸 Is this forecast suitable for beginners?
Yes, the analysis provides clear pivot-based setups with stop-loss and target levels that suit both novice and experienced traders.
Disclaimer:
This article is for informational and educational purposes only and should not be construed as financial or investment advice. Trading silver (XAG/USD) and other commodities involves a high level of risk and may not be suitable for all investors. Always perform your own analysis and consult a certified financial advisor before making trading decisions. Past performance does not guarantee future results.