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Indonesia News Portal for Traders | Financial & Business Updates

20 August 2025 10:28  |

Silver Prices Still Sluggish In Asia

Silver price (XAG/USD) extends its losing streak for the fifth consecutive session, trading around $37.20 per troy ounce during the Asian hours on Wednesday.

The technical analysis of the daily chart suggests the price of the precious metal consolidates within a descending channel pattern, indicating a prevailing bearish bias.

Silver prices at the time of writing were at $37.219/oz.

- Buy if the price moves to around $37.359

- Sell if the price moves around $37.079

 

Resistance 2: $37.799

Resistance 1: $37.499

 

Support 1: $36.939

Support 2: $36.639

 

DISCLAIMER

Note: This article is for analysis only and is not a definitive reference. Please consider fundamental and technical developments in trading before making any investment decisions.

Source: Newsmaker.id-(yds)

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