Technical Analysis: Spot silver prices are still under pressure below the 50-day Moving Average

GateNews

2025-06-25 04:46:26

Gate News bot message, Analysts from Economies com latest view today: In the previous daily trading session, Spot silver closed at a high level, stabilizing positively after touching our set $35.30 support level, with momentum pushing prices to attempt to recover some of the fall, supported by the positive signal on the Relative Strength Index (RSI). Despite a strong pump, prices continue to move along the short-term support trend line, and due to trading below its 50-day Moving Average (EMA50), prices still face pressure.

Source of news: Golden Ten

Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Comment

0/400

No comments