empty
 
 
You are about to leave
www.instaforex.eu >
a website operated by
INSTANT TRADING EU LTD
Open Account

17.12.202507:34 Forex Analysis & Reviews: The strengthening of Silver today is quite significant, giving the opportunity to test its nearest resistance level

Relevance up to 23:00 2025-12-17 UTC--5
This information is provided to retail and professional clients as part of marketing communication. It does not contain and should not be construed as containing investment advice or investment recommendation or an offer or solicitation to engage in any transaction or strategy in financial instruments. Past performance is not a guarantee or prediction of future performance. Instant Trading EU Ltd. makes no representation and assumes no liability as to the accuracy or completeness of the information provided, or any loss arising from any investment based on analysis, forecast or other information provided by an employee of the Company or otherwise. Full disclaimer is available here.

[Silver]

If we pay attention to both EMAs of XAG/USD are in a Golden Cross condition, and the RSI is positioned in the Extreme-Bullish zone, it is clearly indicating that buyers are dominant and may lead Silver toward its nearest resistance level.

Key Levels

1. Resistance. 2 : 65.253

2. Resistance. 1 : 64.482

3. Pivot : 63.318

4. Support. 1 : 62.547

5. Support. 2 : 61.383

Tactical Scenario:

Positive Reaction Zone: If the price of Silver breaks above 64.482, it may move toward 65.253.

Momentum Extension Bias: If 65.253 is successfully surpassed, then XAG/USD could test the level at 66.417.

Invalidation Level / Bias Revision:

The upside bias weakens if the price of Silver declines and breaks below 61.383.

Technical Summary:

EMA(50) : 63.864

EMA(200): 62.782

RSI(14) : 78.36

Economic News Release Agenda:

Tonight from the United States, only one economic data release is scheduled which is Crude Oil Inventories on 22:30 WIB

Exchange Rates 17.12.2025 analysis

Arief Makmur
Analytical expert of InstaForex
© 2007-2025

Open trading account

InstaForex analytical reviews will make you fully aware of market trends! Being an InstaForex client, you are provided with a large number of free services for efficient trading.




You are now leaving www.instaforex.eu, a website operated by INSTANT TRADING EU LTD
Can't speak right now?
Ask your question in the chat.
Widget callback

Turn "Do Not Track" off