
Uniglobe Markets
June 19, 2025 at 07:01 AM
*XAG/USD Technical Overview*
Silver (XAG/USD) has reversed from recent highs and now shows a developing bearish pattern, with RSI near 34 and price testing short-term support. The slope of moving averages signals early bearish momentum gaining traction.
Support and Resistance Levels
Support: 36.50, 36.00
Resistance: 37.00, 37.28
Buy Scenario
A close back above 37.00 would offer potential toward 37.28, provided momentum picks up.
Sell Scenario
Break below 36.50 opens up risk for further decline toward 36.00.
