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24.10.202504:45 Forex Analysis & Reviews: Silver Forecast for October 24, 2025

Silver has not yet reached the previously identified target of 56.000, having reversed at its peak on October 17. A second attempt at this level is likely—though only after the current correction completes and the price tests the support at 45.905. The red line of the price channel and the daily-scale MACD line form this support level.

Exchange Rates 24.10.2025 analysis

The balance line is also moving closer to the target zone. Meanwhile, the Marlin oscillator has settled into negative territory, which suggests the potential for further downside.

Exchange Rates 24.10.2025 analysis

On the four-hour chart, the price has paused in its correction near the 38.2% Fibonacci retracement level. The current candlestick opened below this Fibonacci arc, while the Marlin oscillator has turned downward. This indicates that the market is preparing for a new bearish impulse, possibly with a breach of the nearest lower arc. Just below that lies the key support at 45.905.

*El análisis de mercado publicado aquí tiene la finalidad de incrementar su conocimiento, más no darle instrucciones para realizar una operación.

Laurie Bailey,
Analytical expert of InstaSpot
© 2007-2025
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