CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 66% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 73.43% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing all your money. Read full risk warning.

 Silver price is falling -1.5%

Fast Moving Market - 20/03/2025

20 March, 2025

The example below uses Contracts For Difference (CFDs). Calculations are only on the price of the specific instrument on the date below and calculations indicate a possible profit or loss. No representation or warranty is given as to the accuracy or completeness of this information, consequently any person acting on it does so entirely at their own risk.

NEWS: Silver price is falling -1.5% after the EU could delay the imposition of a first set of counter-measures against the United States until mid-April.

Possible Scenarios:

If Silver fails to breach through S2 of 33.377, our Research Department expects the Silver to undergo a short- term upward correction.

If Silver manages to break below its S2 of 33.377, our Research Department expects the Silver to extend its losses to its S3 of 33.185

Support and Resistance Levels:

Silver

S3

S2

S1

Reference Price

R1

R2

R3

33.185

33.377

33.568

33.823

34.129

34.359

34.588

Potential Profit or Potential Loss Calculations:

10 cents per 1 trading lot*

USD

EUR**

GBP***

(+/-) $100

(+/-) €92.28

(+/-) £77.28

*1 trading lot is equivalent of 10000 units
**EUR/USD= 1.08370
***GBP/USD= 1.29399
Calculations for exchange rate used as of Thursday, March 20, 2025, 12:00: AM

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