
Uniglobe Markets
June 10, 2025 at 06:57 AM
*XAG/USD Technical Overview*
Silver remains in a bullish consolidation phase after a sharp rally above 36.00. The RSI indicates moderate strength, and the trend remains intact as long as the price stays above the short-term moving averages.
Support and Resistance Levels
• Support: 36.00, 35.60
• Resistance: 36.82, 37.20
Buy and Sell Scenarios
Buy scenario: Break above 36.82 with strong RSI momentum may resume the uptrend targeting 37.20.
Sell scenario: Close below 36.00 might attract profit-taking, leading to a drop toward 35.60.
