XAG/USD AI Live Scan, 1-hour chart, Sunday, 2 August 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
Range-bound, mid-range · RSI 54 · price 58.325
$56.7–59.3 weekly range, gap-up open.
Silver opened the week with a gap higher off Friday's close near 57.58, printing a session high at 58.62 before drifting back to 58.33 and stalling into a doji. Price sits mid the week's $56.7–59.3 range with RSI(14) neutral near 54 and price hovering just above EMA20/EMA50. The rally to 59.30 earlier in the week faded into a series of lower highs as rebounding US yields and a hawkish-Fed repricing capped the metal.
Support: 58.259, 57.582, 56.733
Resistance: 58.617, 59.00, 59.297
What it said to watch
ISM Manufacturing PMI Mon 14:00 UTC (Prices Paid ~70) could shift the yield/USD read materially
H1 close above 58.62 session high reopens the 59.00 psych level and week high 59.30
Loss of 57.58 fri close exposes the 56.73 week low
23:02 UTC
Range-bound, gap-up open · RSI 55 · price 58.325
Choppy range, weekly gap higher.
Silver gapped up roughly 1% at this week's open to 58.57 before easing to 58.33, leaving an unfilled gap toward the 57.58 prior low. Price remains locked in the $56.80–59.30 chop that dominated last week, with the week's impulse off 56.73 stalling near 59.30. The pullback since the soft PCE bounce reflects the hawkish-Fed repricing and firmer US yields flagged in the macro read.
Support: 57.90, 57.58
Resistance: 58.64, 59.00, 59.30
What it said to watch
ISM Manufacturing PMI Mon 14:00 UTC (Prices Paid ~70) could shift this read
Close below 57.90 opens a fill of the weekend gap toward 57.58
H1 close above 58.64 exposes the 59.00 psych level
22:03 UTC
Downtrend off Friday's peak · RSI 43 · price 57.582
Lower highs since 59.30, mid-range.
Silver rolled over from the 59.30 week high late Friday and has bled lower into the weekend, printing a string of lower highs as a firmer USD and hawkish-Fed repricing capped the metal. Price sits at 57.58, back under EMA(20) with RSI(14) near 43 after the last bar rejected the 57.92 session high. Demand has stepped in twice around 57.02, so far holding the pullback above the 56.73 week low.
Support: 57.02, 56.73
Resistance: 57.92, 58.64, 59.30
What it said to watch
H1 close below 57.02 confirms a lower low and exposes the 56.73 week low
Reclaim of 57.92 needed to reopen the 58.64 area
ISM Manufacturing PMI Mon 14:00 UTC could materially shift this read
22:03 UTC
Pullback off week high, momentum down · RSI 43 · price 57.582
Lower highs since Friday peak, testing prior range.
Silver topped near 59.30 mid-week then rolled over through Friday's session as 10y yields firmed and the USD rebounded, dragging price back under 58.00 and below both EMA20 and EMA50. The final bar rejected 57.94 and closed on its low at 57.58, extending the sequence of lower highs. RSI(14) sits in the low-40s, tracking the corrective leg without hitting oversold.
Support: 57.02, 56.64
Resistance: 57.93, 59.30
What it said to watch
H1 close below 57.02 opens the 56.64 support
Reclaim of 58.00 would neutralise the lower-high sequence
ISM Manufacturing PMI Mon 14:00 UTC could materially shift this read
Silver rolled over from Wednesday's 59.29 peak and has drifted lower through the Thursday-Friday sessions, now trading back at the weekly open near 57.58 and below both EMA20 and EMA50. Firm US data and the bounce in yields (Chicago PMI, ECI beats) underpinned the fade back toward 58 and below. A bounce off 57.07 stalled at 57.92 in the last session before rejection dragged price back down, keeping the lower-high sequence intact.
Support: 57.07, 56.74, 56.64
Resistance: 57.92, 59.29
What it said to watch
H1 close below 57.07 opens 56.74 then the 56.64 range base
Reclaim of 58.00 needed to challenge the lower-high sequence
ISM Manufacturing PMI Mon 14:00 UTC could materially shift this read
Silver topped at 59.30 in Thursday's NY session and has printed lower highs since, dragged back toward 57.60 as rebounding US yields and a firmer dollar reversed the soft-PCE bounce. Price sits below EMA20 and EMA50 with RSI(14) in the low-40s; the bounce off 57.07 stalled at 57.92 before this last bar's rejection. Range floor at 57.07 remains the immediate pivot.
Support: 57.07, 56.74
Resistance: 57.92, 59.30
What it said to watch
H1 close below 57.07 opens the week low at 56.74
Reclaim of 57.92 needed to break the lower-high sequence
ISM Manufacturing PMI Mon 14:00 UTC could shift the yield/USD read