XAG/USD AI Live Scan, 1-hour chart, Thursday, 2 July 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.
23:03 UTC
Uptrend, momentum cooling · RSI 58 · price 61.003
Higher highs, consolidating under week high.
Silver ripped through the $60 barrier and tagged a 62.06 week high after Friday's soft NFP print (57K vs 110K) unwound hawkish-Fed bets and pressured the dollar. Price has since drifted into a tight coil between 60.40 and the 61.88 prior high, holding well above EMA20 and EMA50 with RSI cycling in the upper-50s. The $60 psych level, freshly reclaimed, now acts as the pivot for the week's advance.
Support: 60.408, 60.00, 59.78
Resistance: 61.881, 62.059
What it said to watch
H1 close above 62.06 week high extends the impulse; a run at higher targets opens up
Failure to hold 60.00 psych returns price toward the 59.78 prior low and back into range
ISM Services (Mon) and FOMC Minutes (Wed) could materially shift this read
Higher highs above reclaimed $60, consolidating under week high.
Silver punched through the $60 barrier on the NFP miss, spiking to a 62.06 week high before easing back to consolidate just above $60. Price is holding over EMA20 and EMA50 with RSI cooling from the impulse; the prior $60 ceiling is now the pivot buyers are defending. The 60.35–60.00 shelf has capped the pullback so far while 62.06 caps the topside.
Support: 60.35, 60.00, 59.78
Resistance: 62.06
What it said to watch
H1 close above 62.06 extends the breakout toward the 200-day/$70 zone
Failure to hold 60.00 exposes 60.35 then the 59.78 breakout base
ISM Services (Mon) and FOMC Minutes (Wed) could materially shift this read
22:03 UTC
Uptrend, momentum cooling · RSI 55 · price 60.959
Higher lows, consolidating below week high.
Silver ran hard off Wednesday's ~57 lows and accelerated into the NY session Thursday/Friday as a big US NFP miss knocked the USD, clearing the $60 psych level and spiking to a 62.06 week high. Since that impulse price has consolidated between 60.41 and 61.35, holding above both EMA20 and EMA50 with RSI(14) easing off overbought back to mid-range. The $60 round level, formerly a repeated cap, is now the pivot buyers are defending.
Support: 60.41, 60.00
Resistance: 61.35, 62.06
What it said to watch
Loss of 60.41 then 60.00 psych would break the higher-low sequence
H1 close above 62.06 week high extends the breakout
ISM Services Mon 14:00 GMT and FOMC Minutes Wed 18:00 GMT could materially shift this read
Higher highs/higher lows since mid-week low, consolidating below week high.
Silver has been in a clear uptrend since the mid-week low near 57.05, and the June NFP miss (57K vs 110K) fuelled a sharp breakout through the $60.00 psych level and up to a week high at 62.06 during NY hours. Price is now consolidating in a shallow flag between 60.35 and 61.15, holding above EMA20 and EMA50 with RSI(14) cooling off the highs. The $60.00 pivot that capped repeatedly this week has flipped to first support.
Support: 60.35, 60.00, 59.29
Resistance: 61.88, 62.06
What it said to watch
H1 close back below 60.00 negates the breakout and reopens 59.29
Reclaim of 61.88 puts the 62.06 week high back in play
ISM Services Mon 14:00 GMT and FOMC Minutes Wed 18:00 GMT could materially shift this read
21:06 UTC
Uptrend, momentum slowing · RSI 57 · price 60.959
Broke $60 cap, consolidating in low-60s.
Silver cleared the $60.00 cap that had held all week and spiked to 62.06 after the June NFP miss (57K vs 110K) knifed the Fed-hike narrative and pressured the dollar. Price has since eased into a tight low-60s consolidation, holding above EMA20 with RSI(14) cycling mid-range — the breakout is being retested from above rather than reversed. The former $60.00 cap now acts as the pivot the move is leaning on.
Support: 60.00
Resistance: 62.059
What it said to watch
hourly close back below 60.00 psych would negate the breakout and reopen the range
a break above 62.06 week high extends the impulse
ISM Services Mon 14:00 GMT could materially shift the post-NFP dovish repricing
21:05 UTC
Uptrend, consolidating near highs · RSI 56 · price 60.959
Higher highs / higher lows off mid-week base.
Silver ran a squeeze from the mid-week base near 57.15 to a 62.06 week high, powered by the dismal June NFP (57K vs 110K) knifing the hawkish-Fed narrative and clearing the stubborn $60 cap. Price has since drifted into a consolidation between 60.41 and 61.65, holding above EMA20 with RSI cycling in the mid-50s after cooling from overbought. The prior $60 ceiling now sits as a retest reference beneath price.
Support: 60.408, 60.00, 59.78
Resistance: 61.654, 62.059
What it said to watch
H1 close above 62.06 opens the path toward the 200-day SMA
Failure to hold 60.00 negates the breakout and reopens the 59.78 base
ISM Services PMI Mon 14:00 GMT and FOMC Minutes Wed could shift the post-NFP dovish read
Silver has run a three-day recovery off the $57 lows, breaking the $60 pivot and spiking to a 62.06 week high after the soft US NFP print (57K vs 110K) knocked the Dollar. Price is now consolidating in a 60.35–61.35 band, holding above EMA20 and EMA50 with $60 flipping from resistance to support. RSI(14) has cooled from the impulse extreme, sitting mid-50s as the move digests.
Support: 60.35, 60.00
Resistance: 61.35, 62.06
What it said to watch
H1 close below 60.00 puts price back inside the sub-$60 range
Reclaim of 61.35 reopens the 62.06 week high
ISM Services PMI Mon and FOMC Minutes Wed could materially shift this read
20:03 UTC
Uptrend, momentum slowing · RSI 56 · price 60.804
Higher highs into $60 breakout, now consolidating.
Silver has climbed all week off the $56.60/57 zone, accelerating through the $60 pivot on Friday's soft NFP print (57K vs 110K) and tagging a 62.06 week high before easing back to consolidate near $60.80. Price holds above EMA20 with RSI cooling off overbought into the mid-50s; the $60 pivot now acts as a support-turned-floor. The 61.88 prior high and 62.06 week high cap the topside for now.
Support: 60.00
Resistance: 61.88, 62.06
What it said to watch
Sustained H1 close back below $60.00 would negate the breakout and reopen the $56.60 range
A close above 62.06 week high extends the squeeze
ISM Services (Mon) and FOMC Minutes (Wed) are key to whether the post-NFP dovish shift holds
Silver cleared the $60 pivot in a sharp impulse to 62.06 after Friday's NFP miss (57K vs 110K) knocked the dollar and cooled Fed hike bets. Price has since faded back to the 50% retrace of that leg near 60.75, holding above the reclaimed $60 wall with RSI cooling off overbought. The breakout structure stays intact while the pullback finds footing above 60.40.
Support: 60.408, 60.00
Resistance: 61.35, 62.06
What it said to watch
Sustained close back below 60.00 pivot would negate the breakout and re-open the range
Reclaim of 61.35 prior high puts the 62.06 week high back in play
ISM Services (Mon) and FOMC Minutes (Wed) could materially shift the post-NFP dovish read
Silver has run a third straight up day, clearing the $60.00 pivot on the strong Jul 2 impulse to a 62.06 week high after the June NFP miss (57K vs 110K) undercut the USD. Price is now unwinding that spike back toward $60, holding above EMA20 and EMA50 with RSI cycling in the upper half. The $60 breakout wall is being retested from above — the pivot that capped the week's earlier attempts.
Support: 60.00, 60.41
Resistance: 62.06
What it said to watch
Sustained hold above 60.00 confirms the breakout; loss of it reopens the prior range
Close back below 60.41 signals the retest is failing
A push through 62.06 extends the week's impulse
ISM Services PMI (Mon) and FOMC Minutes (Wed) could materially shift the USD-driven read
Silver ripped through the $60 pivot on the June NFP miss (57K vs 110K), spiking to a 62.06 week high before fading back toward $60. Price holds above EMA20 and EMA50 with RSI easing from overbought, and the pullback is now retesting the broken $60 pivot. The 62.06 week high capped the impulse and remains the level to watch above.
Support: 60.00, 59.10
Resistance: 60.99, 62.06
What it said to watch
Sustained hold above 60.00 keeps the breakout intact; a close back below rotates toward the 59.10 prior low
A reclaim of 60.99 reopens the path to the 62.06 week high
ISM Services (Mon) and FOMC Minutes (Wed) could materially shift this read
Higher highs into 62, pulling back to the $60 breakout.
Silver ripped through the $60.00 pivot after the June NFP miss (57K vs 110K), tagging a week high at 62.06 before easing back toward the breakout. Price is now consolidating just above $60 with RSI(14) cooling off overbought into the high-50s. The dominant move of the week was the NY-session surge off the 57.15 base; that impulse is being partly retraced.
Support: 60.00, 59.19
Resistance: 61.349, 62.059
What it said to watch
H1 close back below 60.00 puts the breakout in doubt and reopens 59.19
Reclaim of 61.35 keeps the path toward the 62.06 week high in play
ISM Services (Mon) and FOMC minutes (Wed) could materially shift the read
Silver ripped through the $60.00 pivot to a 62.06 week high after June NFP badly missed at 57K, forcing a hawkish-Fed unwind and a softer dollar. Price is now consolidating the impulse just above $60, holding above EMA(20) and EMA(50) with RSI(14) easing off its highs. The 60.45 pullback low and the round $60.00 level are the pivots underpinning the breakout.
Support: 60.00
Resistance: 62.059
What it said to watch
Failure to hold 60.00 pivot rotates the read back toward the 56.60 range base
H1 close above 62.06 extends the breakout toward higher resistance
ISM Services (Mon) and FOMC Minutes (Wed) could shift the post-NFP dollar read
Silver ripped through the $60.00 pivot late in the NY session after June NFP badly missed (57K vs 110K), forcing a hawkish-Fed unwind and a 3%+ rebound off the week's $56-$57 base. Price is holding above EMA20/50 with RSI(14) elevated near 66 after tagging 62.06; the prior $60.00 range cap now sits below as the first structural support. The advance stalled below 62.06 into the last few bars, a pause after the impulse rather than a reversal.
Support: 60.00
Resistance: 62.06
What it said to watch
Loss of 60.00 pivot on an H1 close reverts the read back into the prior range
Clean H1 close above 62.06 extends the breakout toward the next resistance shelf
ISM Services (Mon) and FOMC Minutes (Wed) could materially shift this read
16:03 UTC
Uptrend, extended · RSI 67 · price 61.071
Range break above $60, higher highs.
Silver cleared the $60 pivot after the sharp June NFP miss (57K vs 110K), driving a range break out of this week's $56.60-$60.00 base and printing a weekly high at 62.06 before easing back to 61. Price holds well above EMA(20) and EMA(50) with RSI(14) cycling in the high-60s. The $60.00 pivot now flips to the first reference on any pullback.
Support: 60.00, 59.78
Resistance: 62.059, 62.00
What it said to watch
H1 hold above $60.00 pivot keeps the range break intact
Loss of 59.78 breakout base reopens the $56.60 range floor
ISM Services (Mon) and FOMC Minutes (Wed) could reprice the hawkish-unwind driving this move
16:03 UTC
Uptrend, strong momentum · RSI 64 · price 61.071
Higher highs, breakout above range.
Silver ripped through the $60.00 pivot on the June NFP miss (57K vs 110K), rallying to a 62.059 week high before easing back to 61.07 into the NY session. Price holds well above EMA(20) with the prior $55.70-$60.00 range now broken to the upside; the pullback is so far shallow and holding above the breakout base near 59.78.
Support: 60.00, 59.78
Resistance: 62.059
What it said to watch
H1 close back below 60.00 pivot would negate the range break
Acceptance above 62.059 week high opens continuation higher
ISM Services PMI (Mon) and FOMC Minutes (Wed) could reprice the hawkish-unwind driving this move
Silver ripped through the $60.00 pivot into the NY session after June NFP badly missed (57K vs 110K), extending to a week high near 62.06 and printing a run of higher highs above EMA20/50. RSI(14) is elevated near 70 after the impulse, and the former $60 cap now sits as the nearest support. This week's $55.70–$60.00 range base has been decisively cleared to the upside.
Support: 60.00
Resistance: 62.06
What it said to watch
H1 close back below 60.00 would negate the breakout and reopen the range
Failure to break 62.06 keeps price capped below the week high
ISM Services (Mon) and FOMC Minutes (Wed) could materially shift this read
15:03 UTC
Uptrend, accelerating · RSI 71 · price 61.306
Breakout above range, higher highs.
Silver ripped through the $60.00 pivot into the NY session, tagging a week high at 62.06 after the June NFP miss (57K vs 110K) undercut Fed-hike pricing and softened the dollar. Price sits above both EMA(20) and EMA(50) with RSI(14) pushed into overbought near 71, after grinding out a base from Monday's $56.60 low all week. The $60.00 level flips from resistance to first structural support.
Support: 60.00
Resistance: 62.06
What it said to watch
A retest and hold of the $60.00 pivot would confirm the breakout
H1 close back below 60.00 negates the range break
ISM Services PMI Mon 14:00 GMT could re-bid USD and cap the rally
Silver broke the $60.00 cap that pinned it near seven-month lows all week, spiking through 62 after the 57K NFP miss hit into the NY session. RSI(14) pushed into overbought as price detached sharply from the EMA20, and the $60.00 pivot now flips to first support. The advance retraces none of the impulse yet — structure remains a clean range escape.
Support: 60.00
What it said to watch
H1 close back below 60.00 negates the breakout and returns price into the prior range
Fed's Daly speech and Factory Orders could reverse the dovish USD read that drove this leg
RSI overbought — a lower-high on the next push would flag stall
14:02 UTC
Uptrend, strong momentum · RSI 72 · price 61.778
Range break, higher highs and higher lows.
Silver has escaped the multi-day $55.70–$60.00 range, with the NY session accelerating through the $60 cap after the soft 57K NFP print undercut the Fed-hike thesis. Price prints fresh week highs at 62.06 with RSI(14) stretched into overbought territory near 72, well clear of EMA(20) and EMA(50). The $60 pivot that capped price all week now sits below as the immediate reference on any pullback.
Support: 60.00
Resistance: 62.059
What it said to watch
H1 close back below 60.00 would put the range break in question
A break above the 62.06 week high extends the impulse
Fed's Daly speech and Factory Orders today could shift the USD-driven read
13:04 UTC
Uptrend, extended after breakout · RSI 74 · price 61.448
Range break above $60, fresh higher highs.
Silver ripped through the $60.00 pivot on the June NFP miss (57K vs 110K), the spike coming in the NY session and extending a third straight up day as the USD slumped. Price closed at 61.448 with RSI stretched into overbought and both EMAs trailing well below, leaving little nearby overhead structure after the 61.687 session high. The move is a clean range break from the prior $57-$60 cage, though it sits far above the mean.
Support: 60.00, 59.68
Resistance: 61.687
What it said to watch
Sustained H1 hold above 60.00 keeps the breakout intact; a close back below reverts to the prior range
Fed's Daly speech at 13:45 GMT could shift the USD read and stall the advance
Failure to defend the 59.68 breakout base would confirm a false break
13:04 UTC
Uptrend, accelerating · RSI 74 · price 61.448
Range break above $60, higher highs.
Silver ripped through the $60.00 pivot on the June NFP miss (57K vs 110K) as the USD slumped, capping a third straight up-day and printing a session high at 61.69. Price is stretched well above EMA(20) and EMA(50) with RSI(14) in overbought territory after the vertical NY-session spike. The weekly impulse from the 56.60 low has now cleared the range ceiling that had capped every prior attempt this week.
Support: 60.00, 59.46
Resistance: 61.69
What it said to watch
Sustained H1 hold above the $60.00 psych pivot separates breakout from fade
Fed's Daly speech (13:45 GMT) could reframe the NFP miss and stall the move
Loss of 59.46 swing low would signal the breakout is failing
12:03 UTC
Uptrend, momentum cooling · RSI 55 · price 59.769
Higher highs into $60, now consolidating.
Silver ran a third straight day higher, breaching the $60 pivot to a 60.99 week high after Warsh's less-hawkish tone and soft ADP/ISM knocked the dollar. Price has since eased back to 59.77 and is coiling just under $60, holding above EMA(20) with RSI(14) cooling into the mid-50s. The prior swing lows at 59.19 and 58.58 mark the pullback structure from the week's impulse.
Support: 59.19, 58.58
Resistance: 60.00, 60.99
What it said to watch
US NFP at 12:30 UTC (~54 min) is the week's dominant catalyst and could materially shift this read
H1 close back above the 60.00 pivot re-opens the path to the 60.99 week high
Failure to hold the 59.19 swing low signals a lower-low and cracks the pullback structure
12:03 UTC
Uptrend, momentum slowing · RSI 55 · price 59.769
Higher highs into consolidation below $60.
Silver has run three straight sessions off the week's ~$57 lows to tag $60.99, the bounce fuelled by Warsh's less-hawkish tone and soft ADP/ISM knocking the dollar lower. Price is now consolidating just under the $60 pivot, riding EMA(20) with RSI(14) cooling back to the mid-50s after the impulse. The $60.00 area has capped the last several attempts and is the immediate line to monitor.
Support: 59.19
Resistance: 60.00, 60.99
What it said to watch
US NFP at 12:30 UTC (~54 min) is the dominant catalyst and could materially shift this read
Sustained H1 close above 60.00 opens the path back to the 60.99 week high
Loss of 59.19 breaks the week's rising sequence of higher lows
11:03 UTC
Uptrend, momentum cooling · RSI 54 · price 59.678
Consolidating below $60 after third up-day.
Silver reclaimed the $60.00 pivot on a third straight up-day, spiking to the 60.99 week high before easing back to 59.68. The rebound tracked a softer USD after ADP (98K) and ISM (53.3) missed and Warsh struck a less-hawkish tone. Price is now consolidating just under $60 with RSI cooling off the highs.
Support: 59.29, 58.58
Resistance: 60.00, 60.99
What it said to watch
US NFP at 12:30 UTC is the dominant catalyst and could materially shift this read
Sustained hold above 60.00 psych vs rejection defines near-term direction
Loss of the 59.29 swing low opens the path toward 58.58 prior low
Silver has rallied a third straight day off the 56.60 week low, breaking back above the $60 psych level during the NY session before easing to consolidate around 59.7. The move followed softer US data (ADP 98K, ISM PMI 53.3) and less-hawkish Warsh remarks that pressured the dollar. Price holds above EMA20 and EMA50 with RSI cooling off overbought as the 60.99 week high caps for now.
Support: 59.30, 58.90, 56.60
Resistance: 60.00, 60.99
What it said to watch
US Nonfarm Payrolls at 12:30 UTC is the dominant catalyst and will likely redefine this read
Sustained H1 close above 60.00 keeps the path open toward the 60.99 week high
Rejection back below 59.30 swing low reopens the 58.90 day low
10:03 UTC
Uptrend, momentum slowing · RSI 55 · price 59.816
Higher lows into the $60 pivot, capped below week high.
Silver has posted a third straight up-day, rallying off the 56.60 area to a 60.99 week high after soft US data (ADP 98K, ISM 53.3) and less-hawkish Warsh remarks pressured the dollar. Price has since faded back under the $60.00 pivot, ranging 59.30–60.40 with RSI(14) cooling to the mid-50s. Holding above EMA(20) and EMA(50), but the $60.00 line is the near-term decider ahead of NFP.
Support: 59.30
Resistance: 60.00, 60.40, 60.99
What it said to watch
US Nonfarm Payrolls at 12:30 UTC (f/c 110K) is the dominant catalyst and could reset this read
Sustained reclaim of 60.00 pivot vs rejection defines near-term direction
H1 close below 59.30 swing low confirms a lower-low and breaks the rising support
Higher highs and higher lows off Tuesday's low, stalling below 60.
Silver has stair-stepped higher for a third straight day, breaking back above the $60.00 pivot on soft US data (ADP 98K, ISM 53.3) and less-hawkish Warsh remarks that pressured the dollar. Price has since pulled back to $59.82, holding above EMA20 with RSI(14) cycling around the mid-50s. The $60.00 line is now the immediate ceiling after last session's spike to 60.99 stalled.
Support: 59.19
Resistance: 60.00
What it said to watch
US Nonfarm Payrolls at 12:30 UTC is the dominant catalyst and could reset this read
Sustained H1 close above 60.00 keeps the impulse intact; repeated rejection there caps the bounce
Failure to hold 59.19 confirms a lower low and breaks the rising-low sequence
09:04 UTC
Recovery uptrend, near range top · RSI 61 · price 60.158
Higher lows since $56.60 base, reclaiming $60.
Silver has run a third day of gains off the $56.60 week low to reclaim the $60.00 psych pivot, helped by a softer USD after the ADP/ISM misses and less-hawkish Warsh tone. Price holds above EMA20 and EMA50 with RSI cycling in the 55-65 band, though the 60.99 week high has capped the latest push and price is stalling into the 60.40 session-high area. Structure on this window is a clean sequence of higher lows.
Support: 60.00, 59.09, 56.60
Resistance: 60.40, 60.99
What it said to watch
US NFP at 12:30 UTC is the dominant catalyst and could reset this read
Hold vs rejection at the $60.00 psych pivot decides near-term direction
H1 close above 60.99 week high extends the recovery leg
Loss of 59.09 swing low breaks the higher-low sequence
Silver has climbed a third straight day off the 56.60 week low to reclaim the $60.00 pivot, the relief bounce running after softer US data (ADP miss, ISM cooling) trimmed hawkish-Fed pricing. Price holds above both EMA20 and EMA50 with RSI mid-range; the 60.99 week high capped the last push and 60.00 is now being retested from above.
Support: 60.00, 59.19
Resistance: 60.99
What it said to watch
US Nonfarm Payrolls at 12:30 UTC is the dominant catalyst and can reset this read within the hour
Sustained hold above the 60.00 pivot keeps the higher-low sequence intact; a close back below 59.19 breaks it
H1 close above 60.99 week high opens the path higher
08:03 UTC
Uptrend, momentum cooling · RSI 49 · price 59.31
Higher highs into 60.99, now pulling back below EMA20.
Silver rebuilt from Tuesday's ~57 lows into a 60.99 high late Wednesday, the leg driven by soft US ADP/ISM prints that knocked the dollar. Price has since eased back below EMA(20) and is consolidating in the upper half of the week's range, with the 60.00 psych cap repeatedly rejecting attempts. RSI(14) has cooled back near 50 as the impulse loses pace.
Support: 59.04, 58.32
Resistance: 60.00, 60.99
What it said to watch
Sustained acceptance above the 60.00 psych cap opens a retest of the 60.99 week high
Failure to hold 59.04 swing low confirms a deeper pullback toward 58.32
US Nonfarm Payrolls at 12:30 UTC could materially shift this read
Consolidating below 60.00 after impulse off 57.24.
Silver rallied from the 57.24 low to just shy of 61 on Wednesday's soft US data (ADP 98K and ISM Manufacturing misses knocking the dollar), and has since eased back to consolidate below the 60.00 cap. Price is now hovering around EMA(20) with RSI(14) back near the midline after cooling from the highs; higher lows off the week's base remain intact. The 60.00 pivot capped the advance and remains the key overhead area to watch.
Support: 59.09, 58.32, 57.24
Resistance: 60.00, 60.99
What it said to watch
US Nonfarm Payrolls at 12:30 UTC today can materially shift this read
Sustained H1 close above 60.00 opens the path toward the week high at 60.99
Silver clawed back from the 57.05 area to print a 60.99 week high, then eased back to hover just under the $60.00 pivot. The bounce followed the soft ADP and ISM prints that knocked the dollar; RSI(14) has cycled up through 50 with price holding above EMA20 and EMA50 through the NY session. The $60.00 handle has capped the last several bars — a sustained reclaim is still lacking.
Support: 59.40, 57.24
Resistance: 60.00, 60.99
What it said to watch
Hourly close above 60.00 opens the path back to the 60.99 week high
Failure to hold 59.40 keeps the 57.24-60.00 recovery leg exposed
US Nonfarm Payrolls at 12:30 UTC (~5h) is the binary catalyst for this read
Silver rebounded over 3% into the NY session, breaking above the $60 pivot after soft US data (ADP 98K, ISM 53.3) and Warsh's dovish tilt pressured the dollar. Price cleared 60.99 before pulling back to test $60 as new support, holding above EMA(20) with RSI(14) cycling in the 55-65 zone. The prior sub-$58 range top around 58.32 flipped to support underneath.
Support: 59.09, 58.32
Resistance: 60.99
What it said to watch
US Nonfarm Payrolls at 12:30 UTC could materially shift this read
Sustained hold above the $60 pivot vs rejection defines near-term direction
H1 close back below 59.09 breaks the higher-low sequence
Higher highs since Monday's low, consolidating below week high.
Silver bounced from Monday's 55.69 low, ranged 57–59 midweek, then broke above the $60 pivot on soft US data (ADP 98K, ISM 53.3) and Warsh's dovish tilt, tagging a week high at 60.99. Price is now retesting the $60 level from above with RSI cycling in the low-60s and both EMAs beneath. The 60.40–60.99 band has capped the latest push while pullbacks are holding the rising H1 EMA(20).
Support: 60.00, 59.09
Resistance: 60.40, 60.99
What it said to watch
US Nonfarm Payrolls at 12:30 UTC could materially shift this read
H1 close back below 60.00 psych puts the 59.09 swing low back in focus
Sustained break of 60.99 week high opens room higher
Silver has recovered off its week base near $57.20, building higher lows and reclaiming the $60 pivot after a soft ADP/ISM read knocked the dollar back. Price is consolidating just under the $60.68 prior high with the $60.99 week high overhead; RSI is holding firm in the low-60s and price sits above both EMA20 and EMA50. The $60 pivot is now being retested as support, but this remains a relief bounce within a broader downtrend.
Support: 59.08
Resistance: 60.68, 60.99
What it said to watch
US NFP + AHE at 12:30 UTC (~8h) is the decisive catalyst for this read
Failure to hold the 60 pivot re-opens the 59.08 swing low
H1 close above 60.99 week high extends the squeeze
Silver reclaimed the $60.00 pivot after the soft ADP/ISM prints knocked the dollar, capping a 3%+ squeeze off the 57.16 swing low. Price prints higher lows and sits above both EMAs, though the 60.99 week high capped the first push and a pullback to 59.09 was bought back. RSI cycling in the 55-65 band as the move consolidates just above the pivot.
Support: 60.00, 59.09, 58.30
Resistance: 60.99
What it said to watch
US NFP Thu 12:30 UTC (~9h) is the decisive catalyst for this read
Failure to hold 60.00 re-opens 59.09 day low and 58.30
H1 close above 60.99 week high extends the squeeze
02:02 UTC
Uptrend, momentum easing · RSI 57 · price 59.777
Higher lows, capped below week high.
Silver ground higher off the 57.16 week low and broke above the 60.00 psych pivot into yesterday's NY session, tagging a week high of 60.99 on the soft ADP/ISM-driven dollar pullback. Price has since faded back under 60.00, holding above EMA20 and the 59.04 swing low with RSI(14) cooling from overbought. The 58.31 breakout base marks the deeper structure floor.
Support: 59.04, 58.31, 57.16
Resistance: 60.00, 60.99
What it said to watch
US NFP + AHE at 12:30 UTC (~11h) is the decisive catalyst and could materially shift this read
Reclaim and hourly close above 60.00 reopens the 60.99 week high
Loss of 59.04 swing low points back toward the 58.31 breakout base
Higher highs into 60.99, consolidating below 60.00.
Silver has clawed back from the 55.69 washout early in the window, with the dominant leg coming in yesterday's NY session as price spiked to a 60.99 week high before being rejected at the 60.00 pivot. Price now sits at 59.794, holding above EMA20/EMA50 and consolidating below 60.00 with RSI cooling into the mid-50s. The 60.00 area — support-turned-resistance flagged in the broader silver read — is the line the recovery needs to reclaim on a close.
Support: 59.04
Resistance: 60.00, 60.68
What it said to watch
H1 close above 60.00 opens the path to the 60.68 week high
Failure to hold 59.04 confirms a lower-low and undercuts the recovery
US NFP Thu 12:30 UTC is the week's dominant catalyst and could reset this read
Pullback after spike to week high, holding above EMA20.
Silver rebounded hard into Wednesday's NY session, spiking to 60.99 — the week high and first test back above the 60.00 pivot — before fading toward 59.05 as descending highs formed on the pullback. Price is hugging EMA20 with RSI(14) back near neutral; the 58.30 swing-low zone has capped downside so far. Broader context stays heavy after the Fed-driven USD bid, and Thursday's NFP is the dominant near-term catalyst.
Support: 58.30, 57.50
Resistance: 60.00, 60.99
What it said to watch
Hourly close above 60.00 reopens the 60.99 week high
Loss of 58.30 swing low exposes 57.50 prior low
US NFP Thu 12:30 UTC could materially shift this read