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May 19, 2026
NEWS: Silver price is falling -3.8% as a stronger U.S. dollar weighs on precious metals following rising oil prices and increased inflation expectations.
Possible Scenarios:
If Silver fails to breach through S1 of 71.063, our Analysis Department expects Silver to undergo a short- term upward correction.
If Silver manages to break below its S1 of 71.063, our Analysis Department expects Silver to extend its losses to its S2 of 69.371
Support and Resistance Levels:
|
Silver |
S3 |
S2 |
S1 |
Reference Price |
R1 |
R2 |
R3 |
|
67.678 |
69.371 |
71.063 |
73.320 |
76.028 |
78.059 |
80.090 |
Potential Profit or Potential Loss Calculations:
|
10 cents per 1 trading lot* |
USD |
EUR** |
GBP*** |
|
(+/-) $100 |
(+/-) €86.16 |
(+/-) £74.68 |
*1 trading lot is equivalent of 10000 units
**EUR/USD = 1.16066
***GBP/USD = 1.33901
Calculations for exchange rate used as of Tuesday, May 19, 2026, 14:32 GMT+1