Silver Intraday: intraday support around 38.20.

Limited Increase
u
1641277266426
XAGUSD+0%
2025-08-08 22:56Source:TC

Pivot: 38.20

Our preference: long positions above 38.20 with targets at 38.50 & 38.65 in extension.

Alternative scenario: below 38.20 look for further downside with 38.00 & 37.75 as targets.

Comment: the next resistances are at 38.50 and then at 38.65.

Supports and resistances:

38.80

38.65

38.50

38.39 Last

38.20

38.00

37.75

Head of Research at TRADING CENTRAL: Rémy GAUSSENS

TRADING CENTRAL is governed by the Code of Conduct of ANACOFI-CIF, an association approved by the Autorité des Marchés Financiers and registered with ORIAS under number 17005458.

Written on 08-08-2025 at 22:56 UTC+1

Price reference: 38.39 last known on 08-08-2025 at 22:56 UTC+1

Investment horizon: INTRADAY

TRADING CENTRAL recommends reading the legal and regulatory information as well as the warnings concerning the information provided accessible from the following link : ​https://global.tradingcentral.com/www/pdf/terms_of_use_web_sites_en.pdf

Reference points and analysis views from trading strategies are provided by external providers, and strategy views are only the analyst's personal evaluation and assessment, not considering the investor's investment goals and financial conditions. All strategy views are not investment advice or recommendations, only for reference. Our company also does not guarantee the accuracy of strategy views and is not responsible for any negative results that may arise from trading strategies.

More