empty
 
 
21.08.2025 09:55 AM
Silver commodity asset is testing its nearest resistance. Thursday, August 21, 2025.

[Silver] – [Thursday, August 21, 2025]

Silver has the potential to strengthen today, although the two EMAs are still forming a Death Cross. However, the appearance of a Divergence indicates potential for strengthening in the near future.

Key Levels

1. Resistance 2: 35.518.

2. Resistance 1: 38.187.

3. Pivot: 37.558.

4. Support 1: 37.227.

5. Support 2: 36.598.

Tactical Scenario

Positive Reaction Zone: If the price of silver successfully breaks through and closes above 38.187, this commodity has the potential to continue strengthening to 35,518.

Momentum Extension Bias: If the 35.518 level is successfully broken through and closes above it, XAG/USD has the potential to continue strengthening to 39.147.

Invalidation Level / Bias Revision

The upside bias weakens when the price of silver weakens and closes below 36.598.

Technical Summary

EMA(50): 37.669.

EMA(200): 37.749.

RSI(14): 64.69.

Economic News Release Agenda:

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

US - Unemployment Claims - 19:30 WIB.

US - Philly Fed Manufacturing Index - 19:30 WIB.

US - Flash Manufacturing PMI - 20:45 WIB.

US - Flash Services PMI - 20:45 WIB.

US - Existing Home Sales - 21:00 WIB.

US - CB Leading Index m/m - 21:00 WIB.

US - Natural Gas Storage - 21:30 WIB.

This image is no longer relevant

Summary
Urgency
Analytic
Arief Makmur
Start trade
Earn on cryptocurrency rate changes with InstaForex
Download MetaTrader 4 and open your first trade
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST
  • Chancy Deposit
    Deposit your account with $3,000 and get $1000 more!
    In August we raffle $1000 within the Chancy Deposit campaign!
    Get a chance to win by depositing $3,000 to a trading account. Having fulfilled this condition, you become a campaign participant.
    JOIN CONTEST
  • Trade Wise, Win Device
    Top up your account with at least $500, sign up for the contest, and get a chance to win mobile devices.
    JOIN CONTEST
  • 100% Bonus
    Your unique opportunity to get a 100% bonus on your deposit
    GET BONUS
  • 55% Bonus
    Apply for a 55% bonus on your every deposit
    GET BONUS
  • 30% Bonus
    Receive a 30% bonus every time you top up your account
    GET BONUS

Recommended Stories

Can't speak right now?
Ask your question in the chat.
Widget callback