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May 15, 2026
NEWS: Silver price is falling 7.1% as the U.S. dollar and oil prices rose earlier on Friday, while focus shifts back to the Middle East war following the U.S.–China summit.
Possible Scenarios:
If Silver fails to breach through S1 of 77.181, our Analysis Department expects Silver to undergo a short- term upward correction.
If Silver manages to break below its S1 of 77.181, our Analysis Department expects Silver to extend its losses to its S2 of 75.667.
Support and Resistance Levels:
|
Silver |
S3 |
S2 |
S1 |
Reference Price |
R1 |
R2 |
R3 |
|
74.154 |
75.667 |
77.181 |
79.199 |
81.621 |
83.437 |
85.253 |
Potential Profit or Potential Loss Calculations:
|
10 cents per 1 trading lot* |
USD |
EUR** |
GBP*** |
|
|
(+/-) $100 |
(+/-) €85.94 |
(+/-) £74.9 |
||
*1 trading lot is equivalent of 10,000 units
**EUR/USD = 1.16362
***GBP/USD = 1.33519
Calculations for exchange rate used as of Friday, May 15, 2026, 8:05 AM GMT+1