Silver![الفضة 10-11-2026]()
Silver is trading in a medium-term downtrend, opening the door for further declines and new lows. However, if prices break above the $54.50 resistance level, they could target $58.50 in today’s trading.
|
Support |
48.50 | 45.00 |
| Resistance | 54.50 |
58.50 |
Silver prices declined during today’s trading session, hovering near $53 per ounce after the gains recorded on Monday, amid selling pressure on precious metals and a slight increase in the U.S. dollar. The decline came as expectations of further monetary tightening by the Federal Reserve persisted following strong U.S. employment data, limiting silver’s ability to extend its recent gains.
Markets are awaiting the release of October’s U.S. inflation data, which could influence interest rate expectations ahead of the Federal Reserve’s December meeting. Silver remains vulnerable to further selling pressure if inflation figures exceed expectations, while a weaker dollar and reduced expectations of additional rate hikes could support a price recovery, particularly as silver continues to trade below the $54.50 resistance level per ounce.
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