
Uniglobe Markets
June 18, 2025 at 06:29 AM
*XAG/USD Technical Overview*
Silver (XAGUSD) has surged sharply, breaking out of a prolonged consolidation range and now testing multi-session highs. The RSI is entering overbought territory at 70+, which suggests caution, although the breakout remains technically strong.
Support and Resistance Levels
Support: 36.95, 36.45
Resistance: 37.30, 37.75
Buy Scenario
Continuation buying may be considered on a confirmed close above 37.30, targeting 37.75.
Sell Scenario
Failure to maintain above 36.95 could prompt a pullback toward 36.45.
