
Uniglobe Markets
June 20, 2025 at 08:00 AM
*XAG/USD Technical Overview*
Silver has seen a sharp sell-off, breaking below recent support with RSI deeply oversold at 16.08. Price is well below all EMAs, reinforcing strong bearish sentiment.
Support and Resistance Levels
Resistance: 36.20, 36.55
Support: 35.50, 35.30
Buy Scenario
Monitor for RSI bullish divergence and bottoming candle patterns around 35.50 to consider a short-term rebound to 36.20.
Sell Scenario
Sustained momentum below 35.50 opens the door to 35.30 and 34.90.
