XAG/USD AI Live Scan, 1-hour chart, Monday, 1 June 2026
Every read JAFX AI made on the XAG/USD 1-hour chart that day, newest first: trend, structure, the levels it marked and what it said to watch.
23:01 UTC
Downtrend, attempting base · RSI 42 · price 74.917
Lower highs into 74.30 floor, corrective bounce stalling.
Silver has been heavy all week, with a sharp impulse down from 77.50 mid-week leaving lower highs into a 74.30 floor. Monday's NY session attempt to reclaim 75.85 was rejected at 76.66 and price slipped back beneath the EMA(20) near 75.22, with the Asia open printing a tight consolidation around 74.90. RSI(14) sitting at 42 reflects the corrective tone — bounce is in place but momentum hasn't turned.
Support: 74.30, 73.82
Resistance: 75.22, 75.85, 76.66
What it said to watch
H1 close back above 75.22 ema20 would neutralise the lower-high sequence
Loss of 74.30 week low reopens 73.82 swing low
Middle East de-escalation headlines (Trump/Netanyahu/Hezbollah) remain a risk-on driver capable of pressuring silver further
22:01 UTC
Downtrend, attempting to base · RSI 41 · price 74.831
Lower highs from 77.50 swing, range forming 74.30–75.95.
Silver opened the week near 77.50 and has bled lower through two sharp NY-session flushes, the most recent yesterday from 75.87 down to 73.85 before recovering. Price is now coiling in a 74.30–75.95 range with RSI(14) around 41 and EMA20 capping bounces. The Middle East de-escalation headlines from Trump and Netanyahu overnight are weighing on the safe-haven bid.
Support: 74.58, 73.85
Resistance: 75.95, 77.50
What it said to watch
H1 close above 75.95 range top neutralises the lower-highs sequence
Break of 74.58 swing low reopens the 73.85 wk low
Further Middle East de-escalation headlines could extend the unwind
21:01 UTC
Downtrend, attempting base · RSI 41 · price 74.831
Lower highs, range forming above 73.00.
Silver has been in a clear downtrend since last week's 77.50 high, with two sharp impulse legs into the 72.16 week low and a recovery that stalled at 75.79–76.28. Today's NY session saw a fresh rejection from 76.28 followed by a slide back through EMA20 to 74.83, with RSI rolling back into the low-40s. Range tightening between 74.58 and 75.79 suggests indecision after the leg lower.
Support: 74.58, 73.85, 72.16
Resistance: 75.79, 76.28, 77.50
What it said to watch
H1 close above 75.79 prior high would neutralise the lower-highs sequence
Loss of 74.58 session low opens path back toward 73.85 swing low
Middle East de-escalation headlines (Trump/Hezbollah) could weigh on safe-haven bid
20:01 UTC
Downtrend off mid-week high, attempting base · RSI 41 · price 74.808
Lower highs from 77.50, range 74.30-75.95 since.
Price topped at 77.50 early in the window before a sharp two-leg sell-off dragged silver to the 71.78 week low. Since then a choppy 74.30-75.95 range has formed, with the latest NY session seeing rejection from 75.95 range top and a drop back to 74.80. RSI sits mid-40s and price trades below both EMA20 and EMA50, keeping the H1 read corrective rather than recovered.
Support: 74.30, 73.85, 71.78
Resistance: 75.95, 76.66, 77.50
What it said to watch
H1 close above 75.95 range top opens path back to 76.66 prior high
Break of 74.30 swing low reopens 73.85 spike low and the 71.78 week low
Middle-East headlines (Israel/Hezbollah, Iran talks) remain the dominant intraday driver
Silver has been in a controlled downtrend since the 77.50 peak early Thursday's NY session, with two sharp impulse legs lower carving the week low at 71.78 before a recovery into the mid-75s. NY hours today saw another rejection from 76.28 and a flush back to the monday low at 74.30, with price now consolidating just below the EMA20 around 75.80. RSI(14) at 42 reflects the soft tone but no divergence yet.
Support: 74.30, 73.85, 71.78
Resistance: 75.80, 76.28, 77.50
What it said to watch
H1 close above 75.80 ema20 reopens 76.28 session high
Loss of 74.30 monday low exposes 73.85 swing low
Headline risk from Iran/Hezbollah talks could spike ATR sharply
Silver opened the week near 77.00 before two waves of selling drove price to a 71.80 week low, followed by a recovery that has stalled below 76.00. Today's NY session printed a fresh flush to 73.85 on Iran-US headline risk before reclaiming the 75-handle; price now sits mid-range with RSI(14) flat around 50. Sweep of Monday's low and rejection back into the prior range is the dominant feature.
Support: 74.30, 73.85, 71.80
Resistance: 76.28, 77.05
What it said to watch
H1 close above 76.28 prior high reopens the 77.05 week high
Loss of 74.30 monday low reactivates the 73.85 swing low and 71.80 week low
Headline risk around Iran/Israel and Hezbollah talks remains the dominant driver