Technical analysis

Silver Wave Analysis – 30 December 2025

Silver: ⬆️ Buy

– Silver reversed from support area

– Likely to rise to resistance level 80.00

Silver recently reversed up sharply from the support area between the round support level 70.00, upper trendline of the recently broken up channel from November and the 50% Fibonacci correction of the upward impulse from the start of December.

The upward reversal from this support area continues the active minor impulse wave 3 of the medium-term impulse wave (3) from November.

Given the overriding daily uptrend, Silver can be expected to rise to the next round resistance level 80.00.

The FxPro Tech Analysis Team

The FxPro technical experts prepare a daily analysis of the most active currency pairs (majors, crosses, exotics) and commodities. Selected instruments are reviewed on daily trends (D1, H4), using the active Elliott Wave setups, Japanese candlesticks, indicators, and support/resistance levels.

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The FxPro Tech Analysis Team
Tags: Silver

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