# Silver price reverses at key resistance

> Silver price may reverse after hitting 61.8% Fibonacci resistance.
- Title: Silver price reverses at key resistance · TradingView
- Summary: Silver price may reverse after hitting 61.8% Fibonacci resistance. Silver price could reverse at 61.8% Fibonacci resistance level with take profit at 55.53.
- Keywords: vantagemarkets, xagusd, fibonacci, resistance, silver, tradingview, business, finance, price, reverses, key
- Source: TradingView — https://tradingview.com/chart/XAGUSD/Puk4eVT3-Bearish-reversal-at-the-61-8-Fib-resistance
- Published: 2026-10-18T19:54:50+00:00
- Read time: 1 min
- Topics: vantagemarkets, xagusd, fibonacci, resistance, silver, tradingview, business, finance
## Silver price near resistance
Silver price is rising to the 61.8% Fibonacci retracement resistance level.
## Entry and stop loss levels
Entry at 58.99 with stop loss at 61.43 for potential reversal.
## Take profit target
Take profit set at 55.53 if price reverses from resistance.
## Key takeaway

Silver price could reverse at 61.8% Fibonacci resistance level with take profit at 55.53.