Chart the Market (25/08/2025)

XAGUSD, H4: 

Silver is trading near its all-time peak of $39.00, after a false breakout at the $37.32 support level was swiftly recovered, triggering a sharp bullish rally. The move above the key resistance zone signals strong bullish sentiment in the market.

Momentum indicators reinforce the bullish bias: the RSI has entered overbought territory, while the MACD has crossed above the zero line, underscoring that bullish momentum remains intact.

Resistance Levels: 39.80, 40.75

Support Levels: 38.40, 37.70

USOIL, H4

Oil prices posted modest gains in the latest session and are now testing the previous high at $63.90. A sustained break above this level would mark a shift in structure, signaling a potential bullish reversal.

Despite the recent uptick, the $63.90 level could act as a strong resistance, as the market still carries traces of its prior bearish momentum. However, momentum indicators are turning constructive: the RSI has broken above the midline, signaling the fading of bearish pressure, while the MACD has crossed above the zero line, reinforcing the emerging bullish bias.

Resistance Levels: 64.60, 66.65 

Support Levels: 62.75, 60.15