XAG/USD AI Live Scan, 15-minute chart, Tuesday, 3 November 2026

Every read JAFX AI made on the XAG/USD 15-minute chart that day, newest first: trend, structure, the levels it marked and what it said to watch.

23:48 UTC

Down from NY high, now ranging · RSI 51 · price 49.673

49.37–49.91 range below 50.00, lower highs off 50.547.

The NY spike to 50.547 unwound into the JOLTS beat, printing a jolts low near 49.58 and then the 49.372 ny low late in NY. The bounce stalled at the fib 38.2 near 49.82. The midterm-headline spike to a 49.914 session high early in the Asia session was rejected back to the 49.613 spike low, leaving price mid-range with RSI(14) flat near 51 and EMA20 overhead.

Support: 49.613, 49.58, 49.372

Resistance: 49.82, 49.914, 50.00

What it said to watch

  • Close below the 49.58 jolts low exposes the 49.372 ny low
  • Acceptance above the 49.914 session high and 50.00 round number breaks the lower-high sequence
  • Failure to hold the 49.613 spike low extends the rejection from the fib 38.2 zone
  • Midterm Senate results during the Asia session could materially shift this read

23:33 UTC

Post-spike fade, lower highs since NY morning · RSI 52 · price 49.692

Lower highs below descending line; bounce off 49.372 stalled at 38.2%.

The NY-morning spike to 50.547 reversed on the JOLTS beat. Price then printed lower highs into a 49.372 swing low. Early Asia session put in a session high at 49.843, a rejection at the fib 38.2 and the descending line, and price is now sitting on EMA20 near 49.69 with the pm lows at 49.58 below.

Support: 49.58, 49.372

Resistance: 49.843, 49.959

What it said to watch

  • M15 close above 49.843 session high and the descending line breaks the lower-high chain, exposing the 49.959 lower high
  • Failure to hold the 49.58 pm lows puts the 49.372 swing low back in play
  • US midterm results overnight, then ADP at 13:15 UTC and ISM Services at 15:00 UTC, could materially shift this read

23:17 UTC

Short-term recovery, stalling at session high · RSI 56 · price 49.775

Higher lows off 49.37 NY low, capped below NY swing highs.

Silver rallied from the 48.60 London low to 50.547 in early NY, then hit rejection and faded to a 49.372 NY low as hawkish-Fed pricing and Iran/oil headlines kept swings violent. Since then a rising line of higher lows has carried price into the Asia open, where it is consolidating at the 49.84 session high near the 38.2% fib of the NY drop.

Support: 49.691, 49.577, 49.372

Resistance: 49.843, 49.959, 50.098

What it said to watch

  • M15 close above the 49.96 swing high breaks the lower-high sequence and opens the 61.8% fib at 50.10
  • Loss of the 49.69 higher low breaks the rising line and exposes the 49.58 swing low, then the 49.37 NY low
  • US midterm results landing overnight could jolt USD and shift this read; ADP 13:15 UTC and ISM Services 15:00 UTC follow Wed

23:04 UTC

Late-NY recovery, within broader intraday pullback · RSI 58 · price 49.792

Higher lows from 49.372 NY low, capped at 49.81.

The 48.599–50.547 rally into the NY open saw a rejection after the 15:00 UTC JOLTS beat, sliding to a 49.372 NY low near its 61.8% fib. Late NY built higher lows off that low, holding above the 49.575 swing low and pausing at the 49.814 late ny high as Asia opens. RSI(14) ~58, mid-range.

Support: 49.575, 49.372

Resistance: 49.814, 49.959, 50.00

What it said to watch

  • M15 close above the 49.814 late ny high exposes the 49.959 swing high and 50.00 psych
  • Failure to hold the 49.575 swing low (50% of the rally fib) breaks the higher-low chain
  • Break below the 49.372 NY low reopens the 61.8% rally fib near 49.34
  • US midterm results from 23:00 UTC, then ADP 13:15 UTC and ISM Services 15:00 UTC Wed, could materially shift this read

22:48 UTC

Intraday downtrend, late-NY bounce testing 49.81 · RSI 58 · price 49.786

Lower highs from 50.547; higher lows building off 49.372.

The JOLTS beat knocked silver off the 50.547 NY high. A late-NY false break of the 49.577 prior lows to 49.372 was reclaimed, and price is now capped at the 49.814 bounce high, just under the 38.2% fib of the 50.547–49.372 drop, with RSI(14) near 58. Above sits the 49.959 lower high at the 50% fib, then the 50.00 round number; the 49.69 flip zone is the nearest support.

Support: 49.691, 49.577, 49.372

Resistance: 49.814, 49.959, 50.00

What it said to watch

  • Close above the 49.959 lower high breaks the lower-high sequence and puts the 50.00 round number in play
  • Loss of the 49.69 flip zone returns focus to the 49.577 prior lows; a break of the 49.372 late-ny low resumes lower lows
  • US midterm results from ~23:00 UTC, then Wed ADP 13:15 UTC and ISM Services 15:00 UTC, could materially shift this read

22:32 UTC

Intraday recovery off lows, stalling at late high · RSI 57 · price 49.786

Range 49.37–49.96 after the NY spike faded; failed break below prior lows reclaimed.

Silver held the 48.60 London low, then squeezed to the 50.55 NY high early in the session. The JOLTS beat knocked it back to the 49.58 prior lows. A late-NY false break to the 49.37 swing low was reclaimed, and price is now pressing the 49.81 late high, between the 38.2% and 50% of the NY rally fib, with RSI(14) near 57.

Support: 49.58, 49.372

Resistance: 49.814, 49.959, 50.547

What it said to watch

  • M15 close above the 49.81 late high and the 49.96 lower high reopens the 50.00 to 50.55 NY high area
  • Loss of the 49.58 prior lows exposes the 49.37 swing low and voids the false-break read
  • US midterm results from ~23:00 UTC hit thin Asia session liquidity and could materially shift this read
  • ADP at 13:15 UTC and ISM Services at 15:00 UTC tomorrow are the next data risk

22:17 UTC

Intraday recovery off late-NY low, stalling · RSI 57 · price 49.786

Post-JOLTS lower highs broken marginally; price capped at 38.2% retracement.

The Asia–London selloff found a day low at 48.60. NY hours then rallied to the 50.55 rally high, which was rejected, and the JOLTS beat pushed price down to the 49.58 jolts low before a late-NY low at 49.37 near the 61.8% fib. Price is now pausing at the 49.81 late high on the 38.2% retracement, RSI(14) ~57, with the 49.96 lower high next above.

Support: 49.58, 49.372, 48.599

Resistance: 49.814, 49.959, 50.547

What it said to watch

  • M15 close above the 49.96 lower high breaks the post-JOLTS sequence and reopens the 50.55 rally high
  • Failure to hold the 49.58 jolts low (50% fib) puts the 49.37 NY low back in play
  • US midterm results from ~23:00 UTC could move price sharply in thin Asia session trade
  • ADP (13:15 UTC) and ISM Services (15:00 UTC) Wednesday are the next scheduled catalysts; the day low at 48.60 sits near the yearly-low zone

22:08 UTC

Intraday downtrend, late-NY bounce stalling · RSI 57 · price 49.786

Lower high at 50.55 after the NY-open rally; bounce off 49.37 has stalled at the 38.2% fib.

The Asia sell-off from 50.85 bottomed at 48.60 during London. The 13:45 UTC rally to 50.55 then faded after the JOLTS and Factory Orders beats, dragging silver to the 49.58 swing low. A late-NY bounce off the 49.37 NY low is pausing at the 49.81 bounce high, the 38.2% fib of that fade, with RSI(14) near 57.

Support: 49.58, 49.372

Resistance: 49.814, 49.959, 50.00

What it said to watch

  • A close above the 49.96 swing high (50% fib) and the 50.00 round number extends the bounce
  • A break of the bounce trendline and the 49.58 swing low puts the 49.37 NY low back in play
  • Midterm results from 23:00 UTC could jolt thin post-NY trade
  • Wed ADP at 13:15 UTC and ISM Services at 15:00 UTC could materially shift this read

21:47 UTC

Pullback from NY high, late-session rebound · RSI 58 · price 49.798

Lower highs from 50.547 broken late NY; testing 49.81.

Silver's rally off the 48.60 London low peaked at the 50.547 session high in early NY. The JOLTS and Factory Orders beats at 15:00 UTC knocked it to a double low at 49.58, and the slide stalled at the 49.37 swing low near the 61.8% fib. A thin late-NY rebound has pushed through the lower highs line to test the 49.81 rebound high, with RSI(14) near 58.

Support: 49.58, 49.372

Resistance: 49.814, 49.959, 50.547

What it said to watch

  • M15 close above the 49.81 rebound high exposes the 49.96 swing high, then the 50.547 session high
  • Failure to hold the 49.58 double low reopens the 49.37 swing low and 61.8% fib
  • US midterm results from ~23:00 UTC hit a thin Asia session and could materially shift this read
  • ADP (13:15 UTC) and ISM Services (15:00 UTC) on Wednesday are the next scheduled catalysts

21:32 UTC

Rebound off late NY low, inside post-JOLTS range · RSI 55 · price 49.797

Lower highs since 15:45 UTC, higher low vs London low; testing lower-high line.

The JOLTS beat knocked silver from the 50.55 session high to the 49.58 NY low. Late NY has bounced from the 49.37 late NY low, just above the 61.8% retrace of the 48.60–50.55 rally, and price is now pressing the lower-high line near 49.79 with RSI(14) neutral at ~55.

Support: 49.58, 49.372

Resistance: 49.959, 50.547

What it said to watch

  • M15 close above the 49.96 swing high breaks the post-JOLTS lower-high sequence and exposes 50.00–50.55
  • Failure back below the 49.58 NY low puts the 49.37 late NY low and 61.8% retrace back in play
  • Midterm results from 23:00 UTC can gap the thin Asia session open
  • ADP at 13:15 UTC, then ISM Services at 15:00 UTC, could materially shift this read

21:17 UTC

Intraday downtrend, late-NY bounce · RSI 53 · price 49.731

Lower highs from 50.547 NY high, session low 49.372 holding.

Rally off the 48.599 London low was rejected at the 50.547 NY high as the JOLTS and Factory Orders beats revived hike bets. Lower highs at 49.959 (swing high) and 49.793 (lower high) followed, while the 49.372 session low held near the 61.8% rally fib. The late-NY bounce is now pressing the 49.793 lower high.

Support: 49.577, 49.372

Resistance: 49.793, 49.959, 50.547

What it said to watch

  • M15 close above 49.793 lower high breaks the lower-high chain and opens the 49.959 swing high
  • Failure to hold the 49.577 swing low puts the 49.372 session low back in focus
  • Midterm results from ~23:00 UTC could widen ranges and shift this read

21:04 UTC

Intraday downtrend, late-NY bounce stalling · RSI 47 · price 49.62

Lower highs and lower lows since the NY high at 50.547.

Silver dropped to a 48.599 day low in London, squeezed to a 50.547 NY high, then reversed as the JOLTS and Factory Orders beats and Iran headlines firmed hike bets. That left a lower high at 49.793 and a 49.372 swing low. The late-NY bounce is stalling into the EMA20/50 cluster near 49.63–49.65, at about the 23.6% retrace of the drop from the NY high, with RSI(14) neutral near 47.

Support: 49.372, 49.10, 48.599

Resistance: 49.793, 50.00, 50.547

What it said to watch

  • M15 close above the 49.793 lower high breaks the lower-high chain from the NY high
  • Failure to hold the 49.372 swing low exposes the 49.10 london range top, then the 48.599 day low
  • Reclaim of the 50.00 round number puts the 50.547 NY high back in view
  • Midterm results from 23:00 UTC can widen the range into Asia; ADP at 13:15 UTC Wed is the next data risk

20:47 UTC

Intraday downtrend off the NY high, bouncing · RSI 45 · price 49.612

Lower highs and lower lows since 50.55; late-NY bounce off the 61.8% zone.

The early-NY squeeze from the 48.60 London low topped at 50.55 and has since stair-stepped lower. The JOLTS beat drove the leg to the 49.58 swing low, and the late session low at 49.37 held near the 61.8% fib. Late in the NY session, price is bouncing into the descending line from 50.10 and sitting just under EMA20 (~49.66), with RSI(14) neutral at 45 and the 49.79 lower high capping.

Support: 49.58, 49.37

Resistance: 49.79, 50.00

What it said to watch

  • An M15 close above the 49.79 lower high breaks the lower-high sequence and puts the 50.00 round number back in play
  • Failure to hold the 49.37 session low gives up the 61.8% fib and extends the lower-low chain
  • A rejection at the descending line keeps the intraday downtrend read intact
  • Midterm results from ~23:00 UTC and Wed ADP (13:15 UTC, f/c 69K) could materially shift this read

20:32 UTC

Intraday downtrend, lower highs since NY spike · RSI 41 · price 49.567

Lower-high chain from the 50.547 NY high, latest low 49.372.

The Qeshm-driven Asia/London slide from 50.855 to 48.599 drew a sharp NY-open rebound to 50.547. That NY high was rejected and the JOLTS beat capped the bounce at the 49.959 swing high, leaving a lower high at 49.793 and a late-NY low at 49.372. Price sits just above that low near the 23.6% retrace, below both EMAs, with RSI(14) near 41.

Support: 49.372, 49.00

Resistance: 49.793, 49.959, 50.547

What it said to watch

  • M15 close below the 49.372 ny low extends the lower-low sequence toward the 49.00 round number
  • Close above the 49.793 lower high breaks the lower-high chain and brings the 49.959 swing high back into play
  • US midterm results from ~23:00 UTC could materially shift this read in thin late-session liquidity

20:17 UTC

Downtrend since NY spike, late-session drift lower · RSI 34 · price 49.457

Lower highs and lower lows off the 50.547 NY high, price pressing the late NY low.

The short-covering spike off the 48.599 London low topped at the 50.547 NY high and was rejected. The JOLTS and factory-orders beats at 15:00 UTC accelerated the fade, and late NY has carved lower highs and lower lows down to the 49.372 late NY low, with RSI(14) near 34 and price below both EMAs.

Support: 49.372, 49.00, 48.599

Resistance: 49.793, 50.00, 50.547

What it said to watch

  • M15 close below the 49.372 late NY low extends the lower-low chain toward the 49.00 round number, then the 48.599 London low
  • Recovery above the 49.793 lower high, near the 38.2% fib, breaks the post-rejection lower-high sequence and puts 50.00 psych back in play
  • US midterm results from ~23:00 UTC could jolt the Asian session; ADP (13:15 UTC) and ISM Services (15:00 UTC) on Wed are the next data test

20:03 UTC

Intraday downtrend, lower highs since NY peak · RSI 31 · price 49.435

NY rally rejected at 50.55; lower-high chain, 49.58 prior low broken.

The early-NY short-covering rally from the 48.60 London low was rejected at the 50.55 NY high. Price has since printed a lower-high chain, with the 49.79 lower high capping, as JOLTS and Factory Orders beats kept December hike pricing firm. Late NY has broken the 49.58 prior low and printed a 49.39 session low, with price sitting just above the 61.8% fib of the rally at 49.34 and RSI(14) near 31.

Support: 49.392, 49.343, 49.00

Resistance: 49.58, 49.793, 50.547

What it said to watch

  • M15 close back above the 49.58 prior low would neutralise the break and put the 49.79 lower high back in focus
  • Failure to hold the 61.8% fib at 49.34 exposes the 49.00 round number
  • US midterm results from ~23:00 UTC could materially shift this read during the Asia session
  • A reclaim of the lower-highs trendline would undercut the downtrend read; the 50.55 NY high is the upper reference

19:47 UTC

Intraday downtrend, grinding lower · RSI 34 · price 49.546

Lower highs since NY spike high; session low under test.

The NY spike high at 50.55 was rejected and then extended lower after the JOLTS beat firmed hike bets. Price has since built lower highs, the latest lower high at 49.79 and the rebound high at 49.96. Late in NY it is pressing the 49.53 session low, near the 50% retrace of the 48.60–50.55 rally, with RSI(14) ~34 and price just under EMA20 and EMA50.

Support: 49.533, 49.00, 48.599

Resistance: 49.793, 49.959, 50.547

What it said to watch

  • M15 close below the 49.53 session low extends the lower-low chain toward the 49.00 round number
  • A move back through the 49.00 round number would bring the 48.60 day low into view
  • Close above the 49.79 lower high breaks the lower-highs line; reclaiming the 49.96 rebound high neutralises the post-JOLTS selloff
  • US midterm results from ~23:00 UTC could jolt USD and silver during the Asia session

19:32 UTC

NY rally fully faded, drifting lower · RSI 46 · price 49.612

Lower highs pressing range low at 50% retrace.

Silver's NY-open short-covering rally from the 48.599 day low stalled at the 50.547 NY high. It then unwound after the JOLTS and Factory Orders beats revived hike bets. Late NY session trade is a tight band of lower highs capped near 49.793, sitting on the 49.575 range low, which coincides with the 50% retracement of the rally.

Support: 49.575, 49.00, 48.599

Resistance: 49.793, 49.959, 50.547

What it said to watch

  • M15 close below the 49.575 range low exposes the 61.8% retrace near 49.34 and the 49.00 psych level
  • Close above the lower highs trendline and 49.959 swing high breaks the fade structure, reopening the 50.547 NY high
  • US midterm results from ~23:00 UTC could materially shift this read in thin Asia trade

19:17 UTC

Post-spike pullback, sideways-to-soft · RSI 39 · price 49.653

Lower highs against a flat 49.58 base.

Silver's oversold snap-back from the 48.60 London low ran to a 50.55 spike high early in NY hours. That move was rejected, and the JOLTS beat at 15:00 UTC drove a drop to 49.58. Since then price has coiled between that double low, which sits on the 50% rally fib, and a run of lower highs capped near 49.79, with RSI(14) soft at ~39 but not extreme.

Support: 49.58, 49.34, 49.00

Resistance: 49.79, 49.95, 50.547

What it said to watch

  • M15 close below the 49.58 double low / 50% fib opens the 61.8% fib at 49.34, then the 49.00 round number
  • Close above the 49.79 lower high and the 49.95 bounce high ends the post-JOLTS consolidation; the 50.55 spike high caps beyond
  • US midterm results from ~23:00 UTC tonight could materially shift this read during the Asia session; ADP and ISM Services follow Wednesday

19:04 UTC

Post-data fade, compressing late NY · RSI 46 · price 49.69

Tight range 49.58–49.80 with lower highs after rejection at 50.55.

Silver bounced from the 48.60 session low set in London to a 50.55 session high into the NY open. It was rejected after the JOLTS and Factory Orders beats revived hike bets and has since compressed late in the NY session. Price is holding a 49.58–49.80 range between the 50% fib and the 38.2% range top, with lower highs pressing under the descending trendline.

Support: 49.58, 49.34, 48.60

Resistance: 49.80, 49.96, 50.55

What it said to watch

  • M15 close above the 49.80 range top and the trendline opens the 49.96 post-data high
  • Failure to hold the 50% fib at 49.58 exposes the 61.8% fib at 49.34
  • Midterm results from ~23:00 UTC could break the compression and shift this read

18:47 UTC

Post-spike fade, range-bound under lower highs · RSI 54 · price 49.678

Lower highs off NY spike high, 49.58–49.79 range.

Asia and London extended the Iran-driven selloff to a 48.599 session low before early NY ripped to a 50.547 NY high, which was rejected as the JOLTS beat (7.523M vs 7.13M) firmed hike bets. Since then lower highs at 50.099 and 49.959 have compressed price into a 49.577–49.793 range sitting on the 50% fib of the 48.599–50.547 rally, with price flat against EMA20/EMA50.

Support: 49.577, 49.343, 49.00

Resistance: 49.793, 50.099, 50.547

What it said to watch

  • M15 close below the 49.577 range low exposes the 61.8% fib at 49.343, then the 49.00 round number
  • Close above the 49.793 range high and the lower-highs trendline reopens the 50.099 lower high; only a break of the 50.547 NY high negates the post-JOLTS rejection
  • US midterm results from ~23:00 UTC could materially shift this read via USD
  • Wed ADP (13:15 UTC) and ISM Services (15:00 UTC) are the next scheduled volatility points

18:32 UTC

Intraday rebound faded, momentum soft · RSI 41 · price 49.684

Lower highs pressing a flat 49.58 floor.

The Asia-to-London slide bottomed at 48.60. A sharp rebound into the London-NY transition met rejection at the 50.55 rally high, and the JOLTS beat knocked price back to 49.58, the 50% fib of that move. NY hours have since compressed into lower highs, from the 50.10 swing high down to the 49.79 lower high, above a flat 49.58 floor, with RSI(14) near 41.

Support: 49.58, 49.34, 49.00

Resistance: 49.79, 50.10, 50.55

What it said to watch

  • M15 close below 49.58 (50% fib) breaks the floor and exposes 49.34 (61.8% fib), then 49.00 psych
  • Break of the lower-highs line and the 49.79 lower high reopens the 50.10 swing high and the 50.55 rally high
  • US midterm results from ~23:00 UTC tonight could materially shift this read
  • Wed ADP (13:15 UTC) and ISM Services (15:00 UTC) could materially shift this read

18:17 UTC

Post-squeeze fade, momentum flat · RSI 53 · price 49.758

Lower highs pressing into twin lows at 49.58.

Asia and London extended the slide to a 48.599 low before a sharp NY-open short-covering pop hit a 50.547 session high, in line with the crowded, oversold backdrop. The rejection there deepened after the JOLTS and factory orders beats, and price has since compressed after London close between twin lows at 49.58, the 50% fib of the rally, and a lower high at 49.96. RSI(14) is neutral near 53, with price just above EMA20.

Support: 49.58, 49.343

Resistance: 49.96, 50.547

What it said to watch

  • M15 close below the 49.58 twin lows exposes the 61.8% fib at 49.34
  • Close above the 49.96 lower high and 50.00 breaks the compression and reopens the 50.547 session high
  • US midterm results from ~23:00 UTC could materially shift this read, with ADP and ISM Services due Wed

18:06 UTC

Post-spike fade, drifting sideways · RSI 52 · price 49.715

Lower highs inside 49.58–49.96 range after rejected NY spike.

Silver slid through Asia and London to a 48.599 day low, then a short-covering spike in the first hour of NY met rejection at 50.547. The JOLTS and Factory Orders beats at 15:00 UTC knocked it back to 49.58, the 50% fib of the rally. Since London close it has compressed between the 49.58 range low and 49.96 range top, with a lower high at 49.784, RSI(14) neutral near 52 and price pinned to EMA20.

Support: 49.577, 49.00, 48.599

Resistance: 49.784, 49.959, 50.547

What it said to watch

  • Close below the 49.58 range low and 50% fib exposes 49.00 psych, then the 48.599 day low
  • Recovery above the 49.784 lower high and 49.96 range top would undo the post-data fade, with the 50.547 spike high next
  • Midterm results from ~23:00 UTC and ADP at 13:15 UTC tomorrow could materially shift this read

17:47 UTC

Intraday bounce faded, momentum soft · RSI 42 · price 49.684

Lower highs pressing a flat 49.58 floor after the session-high rejection.

The short-covering squeeze off the 48.60 London low ran into early NY and was rejected at the 50.55 session high. The JOLTS beat (7.523M vs 7.13M) knocked price back into a 49.58–49.96 band. After London close, lower highs are pressing the 50% fib at 49.58, which held three times, with RSI(14) near 42.

Support: 49.58, 49.34

Resistance: 49.96, 50.55

What it said to watch

  • M15 close below 49.58 (50% fib) breaks the post-JOLTS range floor and exposes the 61.8% fib at 49.34
  • M15 close above the 49.96 lower high reopens the 50.55 session high
  • US midterm results from ~23:00 UTC could materially shift this read during Asia

17:32 UTC

Post-spike fade, lower highs since NY open · RSI 40 · price 49.63

Lower highs under trendline, testing 49.58 swing low.

London printed the 48.60 session low before a NY-open spike to the 50.55 NY high. That high was rejected as the JOLTS and Factory Orders beats hit at 14:00 UTC, and the fade since has carved lower highs under a trendline. Late NY, price is sitting on the 49.58 swing low, at the 50% retrace of the move, with RSI(14) near 40.

Support: 49.58, 49.34, 48.60

Resistance: 49.80, 49.96, 50.55

What it said to watch

  • M15 close below the 49.58 swing low opens the 49.34 61.8% fib, then the 48.60 session low
  • Close above the lower-highs trendline and the 49.96 lower high negates the post-JOLTS fade; 38.2% fib at 49.80 is the first cap
  • US midterm results from ~23:00 UTC could jolt the Asia session open

17:17 UTC

Intraday rebound faded, drifting lower in compression · RSI 47 · price 49.738

Lower highs from 50.547 against higher lows above 49.582.

Silver rebounded from the 48.599 London low to a 50.547 session high early in NY. The JOLTS and factory orders beats at 15:00 UTC then knocked it back to the 49.582 jolts low, near the 50% fib of the rebound. After London close, lower highs from the 49.959 lower high are squeezing price toward the 49.638 swing low. RSI(14) is neutral near 47.

Support: 49.638, 49.582

Resistance: 49.959, 50.00, 50.547

What it said to watch

  • A close above the lower-highs line and 49.959 breaks the compression, with the 50.00 round number next
  • Failure to hold the 49.638 swing low and 49.582 jolts low exposes the 61.8% fib near 49.34
  • US midterm results from ~23:00 UTC could materially shift this read
  • Rejection at the 50.547 session high stays the reference top while price is below 50.00

17:04 UTC

Intraday bounce fading, lower highs · RSI 40 · price 49.704

Lower highs from 50.547 NY high, holding 50% retrace.

Early NY lifted silver from the 48.599 London low to a 50.547 NY high, then the JOLTS beat triggered a rejection back below 50.00. After London close it is printing lower highs under the 49.959 lower high, with the 49.582 jolts low holding at the 50% retrace of the rally.

Support: 49.582, 49.10, 48.599

Resistance: 49.959, 50.547

What it said to watch

  • M15 close below the 49.582 jolts low / 50% retrace exposes the 49.10 range top
  • Reclaim of the 49.959 lower high breaks the lower-high sequence and reopens the 50.547 NY high
  • Midterm results overnight, then ADP and ISM Services Wed, could materially shift this read
  • Loss of 49.10 puts the 48.599 london low back in play

16:47 UTC

Post-spike fade, lower highs · RSI 49 · price 49.699

Lower highs since 50.547 spike high, holding above 49.582 swing low.

Silver bounced in the first hour of NY off the 48.599 London low, a likely short-covering move, and ran to a 50.547 spike high before stalling. The JOLTS and Factory Orders beats knocked it back to the 49.582 swing low. Since then it has printed lower highs under 50.00 psych, with the latest lower high at 49.959, and sits just below the 38.2% spike retrace with RSI(14) neutral near 49.

Support: 49.582, 49.104

Resistance: 49.959, 50.547

What it said to watch

  • Failure to hold the 49.582 swing low exposes the 50% spike retrace near 49.57, then the 49.104 range top from London
  • M15 close above the 49.959 lower high and 50.00 psych breaks the lower-highs trendline
  • US midterm results from ~23:00 UTC, then Wed ADP (13:15 UTC) and ISM Services (15:00 UTC), could materially shift this read

16:32 UTC

Rebound stalling, lower highs since NY peak · RSI 53 · price 49.814

Lower highs off 50.547, holding above 49.582 swing low.

Silver ran from the 48.599 london low to a 50.547 ny high in the first hour of NY, then met rejection as the JOLTS and Factory Orders beats at 14:00 UTC firmed hike pricing. The pullback held a swing low at 49.582, near 50% of the NY rally fib, and price is now compressing around the 38.2% level between the 49.768 micro low and a 49.959 lower high, with RSI(14) neutral near 53.

Support: 49.768, 49.582, 48.599

Resistance: 49.959, 50.547

What it said to watch

  • M15 close above the 49.959 lower high and 50.00 psych opens a retest of the 50.547 ny high
  • Break of the 49.768 micro low keeps the lower-high sequence intact and puts the 49.582 swing low in play
  • Close below 49.582 exposes the 61.8% retracement near 49.34; the 48.599 london low remains the session floor
  • US midterm results from ~23:00 UTC could materially shift this read

16:17 UTC

Sharp NY rebound, fading below 50.00 · RSI 53 · price 49.832

V-recovery capped at 50.55; lower highs on pullback.

The Asia–London slide bottomed at 48.60. Early NY then broke the London range top at 49.10 and ran to the NY high at 50.55, where the beats in the 15:00 UTC JOLTS and Factory Orders prints met a rejection. The pullback has printed lower highs under the 50.00 psych, with the swing low at 49.58 sitting on the 50% fib. RSI(14) is around 53 and price is just above EMA20.

Support: 49.58, 49.34, 49.10

Resistance: 50.00, 50.55

What it said to watch

  • Close back above the 50.00 psych breaks the lower-highs line and reopens the NY high at 50.55
  • Failure to hold the 49.58 swing low exposes the 61.8% fib at 49.34, then the 49.10 range top
  • US midterm results from ~23:00 UTC tonight could materially shift USD and this read

16:04 UTC

Rebound off session low, stalling below 50.00 · RSI 58 · price 49.869

Higher low at 49.58 after rejection at 50.55 NY high.

The overnight slide bottomed at the 48.60 session low in London. A NY-open squeeze then hit 50.55, the NY high, and reversed. The dip after the JOLTS and Factory Orders beats held 49.58, near the 50% fib of that leg. Mid-NY, price is pinned just under 50.00 psych, with RSI(14) near 58 and rising lows intact.

Support: 49.58, 49.34, 48.60

Resistance: 50.00, 50.55

What it said to watch

  • M15 close above 50.00 psych reopens a retest of the 50.55 ny high
  • Loss of 49.58 (50% fib) breaks the rising lows and exposes the 61.8% fib at 49.34
  • Failure at 49.34 shifts focus back to the 48.60 session low
  • US midterm results from ~23:00 UTC could materially shift this read

15:47 UTC

Downtrend, NY rebound faded · RSI 57 · price 49.877

Lower high at 50.55 under the 50.86 Asian high; 50% fib held at 49.58.

Asia and London extended the slide to the 48.60 london low. Early NY a rebound stalled at the 50.55 session high, short of the 50.86 Asian high. The JOLTS and Factory Orders beats at 15:00 UTC knocked price to 49.58, right at the 50% fib of that rally, and it now sits just under the 50.10 range top with RSI(14) near 57.

Support: 49.58, 49.00, 48.60

Resistance: 50.10, 50.55, 50.86

What it said to watch

  • M15 close back above the 50.10 range top reopens a test of the 50.55 session high
  • Failure to hold the 49.58 jolts low and 50% fib exposes 49.00 psych and the 48.60 london low
  • US midterm results from ~23:00 UTC, then ADP and ISM Services on Wed, could materially shift this read

15:33 UTC

Intraday downtrend, NY squeeze fading · RSI 54 · price 49.656

Rejection at 50.55, lower high at 50.10, retracing NY rally.

Asia and early London extended the slide to a 48.60 session low. A NY-hours squeeze off the 48.87 rally base then ran to 50.55, where it was rejected, and the JOLTS and Factory Orders beats knocked price back to the fib 50% at 49.58. Price is now pinned on the EMA20/50 cluster near 49.60–49.65 with RSI(14) at 54, capped by the 49.90 broken shelf and the 50.10 lower high.

Support: 49.575, 49.343, 48.87

Resistance: 49.90, 50.10, 50.547

What it said to watch

  • M15 close below the 49.58 fib 50% exposes the fib 61.8% at 49.34, then the 48.87 rally base
  • Recovery through the 49.90 broken shelf and the 50.10 lower high puts the 50.55 NY high back in play
  • US midterm results from ~23:00 UTC and US-Iran/oil headlines could reprice USD and yields overnight

15:17 UTC

Downtrend interrupted by sharp NY-session rebound, now pulling back · RSI 59 · price 49.917

Breakout from 48.60-49.10 base, rejected at 50.55, lower highs since.

The Iran/oil-driven Asia-London slide bottomed at the 48.60 day low, and silver then broke out of its 48.60-49.10 base with a ~$1.95 rally that met rejection at the 50.55 NY high near the $50.50 zone. Since then it has printed lower highs at 50.43 and 50.10, and is holding the 49.88 intraday low just above the fib 38.2 at 49.80. RSI(14) has cooled to ~59 and ATR is running near 210 pips.

Support: 49.88, 49.80, 49.57

Resistance: 50.10, 50.55

What it said to watch

  • M15 close below the 49.88 intraday low exposes the fib 38.2 at 49.80, then the fib 50 at 49.57
  • Close above the 50.10 lower high breaks the lower-high sequence and reopens the 50.55 NY high
  • Price is still digesting the 15:00 UTC JOLTS release; midterm results from ~23:00 UTC could materially shift this read

15:04 UTC

Downtrend interrupted by sharp NY squeeze, now fading · RSI 61 · price 49.95

V-rally off 48.60 rejected at 50.55; lower high at 50.18, pullback low 49.90.

Asia and London extended the slide from the 50.86 Asia high to a 48.60 low. A NY-session squeeze off the 49 base then ran to 50.55 before rejection. Price is holding the 49.90 pullback low just above the 38.2% fib at 49.80, with RSI(14) near 61 as JOLTS lands at 15:00 UTC.

Support: 49.90, 49.80

Resistance: 50.18, 50.55, 50.86

What it said to watch

  • JOLTS (f/c 7.13M) at 15:00 UTC lands on the current bar and could materially shift this read
  • Break below the 49.90 pullback low and 38.2% fib at 49.80 puts the 49 base back in play
  • M15 close above the 50.18 lower high reopens the 50.55 NY high; acceptance there exposes the 50.86 Asia high
  • Midterm results from ~23:00 UTC are an overnight volatility risk

14:47 UTC

Sharp rebound off session low, now stalling · RSI 63 · price 50.015

V-recovery from 48.60 London low; pullback from 50.55 with lower high at 50.18.

Asia and London extended the slide from 50.86 to a 48.60 session low, then a sharp NY-hours rebound reclaimed the 50.00 round number before supply capped at the 50.55 NY high. The pullback held 49.90, just above the 38.2% fib of the rally, and price is now retesting 50.00 with a lower high at 50.18. RSI(14) has cooled to ~63 from overbought.

Support: 50.00, 49.901, 49.573

Resistance: 50.179, 50.547

What it said to watch

  • JOLTS and Factory Orders at 15:00 UTC (17:00 broker), minutes away, could materially shift this read
  • M15 close below the 49.90 pullback low exposes the fib 50% at 49.57
  • M15 close above the 50.18 lower high reopens the 50.55 NY high, with the 50.86 Asia high beyond
  • Midterm results from ~23:00 UTC tonight add overnight event risk

14:32 UTC

Sharp intraday rebound, now fading · RSI 61 · price 49.928

London base broken higher, NY spike rejected at 50.55.

Silver broke the 48.85–49.10 London range top off the 48.60 session low and ran to a 50.55 session high into the NY open. Supply capped it inside the 50.00–50.50 reclaim zone and price slipped back below the 50.00 round number to sit near the 38.2% fib (~49.80). RSI(14) has cooled to ~61, and the 49.45 pullback low is the nearest intraday pivot.

Support: 49.45, 49.10, 48.60

Resistance: 50.00, 50.55, 50.86

What it said to watch

  • JOLTS at 15:00 UTC (f/c 7.13M) lands within two bars and could materially shift this read
  • M15 close back above the 50.00 round number reopens the 50.55 session high and the 50.86 asia high
  • Failure to hold the 49.45 pullback low exposes the 49.10 range top, then the 48.60 session low

14:17 UTC

V-shaped rebound, stalling at highs · RSI 70 · price 50.107

Overnight lower-highs broken by NY rally; first rejection at 50.55.

An oversold rebound from the 48.60 London low ran through the Asian-session lower-high chain and reclaimed the 50.00 round number. The 14:00 UTC bar was rejected from the 50.55 session high, leaving price parked on 50.00 with RSI(14) cooling from the mid-70s. The 38.2 fib of the rally sits at 49.80, with the 49.45 swing low below it.

Support: 50.00, 49.80, 49.45

Resistance: 50.55, 50.86, 51.26

What it said to watch

  • JOLTS and Factory Orders at 15:00 UTC, about 45 minutes out, could materially shift this read. A firm print lines up with the digest's hawkish-Fed channel.
  • An M15 close back below the 50.00 round number shifts focus to the 38.2 fib at 49.80. The 49.45 swing low marks the base of the rally's last pullback.
  • A close above the 50.55 session high reopens the 50.86 Asia high, then the 51.26 prior high from Monday's NY open.
  • US midterm results from ~23:00 UTC tonight add overnight gap and volatility risk.

14:04 UTC

Sharp intraday reversal higher, RSI stretched · RSI 80 · price 50.37

V-reversal from 48.60, broke the 48.85–49.10 London range and is testing 50.50.

Silver rallied about 1.95 off the 48.60 session low into the NY open. The move cleared the 48.85–49.10 London range, reclaimed the 50.00 round number and tagged the 50.55 session high, right at the 50.50 cap that held after the Iran-driven selloff. RSI(14) is near 80 and ATR is about 215 pips, with the rally fib 38.2% near 49.80 and the 49.51 pullback low below.

Support: 50.00, 49.51, 48.60

Resistance: 50.55, 50.86, 51.26

What it said to watch

  • JOLTS and Factory Orders at 15:00 UTC (17:00 broker) could materially shift this read
  • Rejection at the 50.55 session high puts the 50.00 round number and the 49.80 rally fib 38.2% back in play
  • M15 close above the 50.86 asia high opens the path to the 51.26 prior high
  • Loss of the 49.51 pullback low unwinds the reversal and brings the 48.60 session low back into view

13:47 UTC

Sharp intraday rebound, stretched · RSI 84 · price 50.421

V-shaped reversal off 48.60 session low; London range broken higher, higher highs since NY open.

Silver rallied about 1,850 pips off the 48.60 session low from the NY open. It cleared the london top at 49.10 and reclaimed the 50.00 round number, unwinding most of the Asia slide in a short-covering burst. Price is now pressing the 50.50 psych cap with RSI(14) near 84, and the 38.2% fib at 49.74 is the first retracement marker below.

Support: 50.00, 49.74, 49.10

Resistance: 50.50, 50.86

What it said to watch

  • Rejection at 50.50 psych and an M15 close back below the 50.00 round number would mark the first cap holding.
  • An M15 close above 50.86 (asia high) extends the reversal into Monday's range.
  • A slip through the fib 38.2 at 49.74 would put the london top at 49.10 back in play.
  • JOLTS and Factory Orders at 15:00 UTC (~75 min) could materially shift this read; midterm results follow overnight.

13:32 UTC

Sharp rebound inside a session downtrend · RSI 82 · price 50.252

V-recovery from 48.599 low, breakout from 48.85-49.10 base.

Silver broke out of the 48.85-49.10 base and rallied about $1.65 off the 48.599 London low into the NY open, reclaiming the 50.00 psych handle. Price is now pressing the 78.6% fib of the Asia-London drop just under the 50.456 breakdown shelf, with RSI(14) near 82. The bounce runs against the digest's bearish tone, which pegged silver at $48.77.

Support: 50.00, 49.508, 49.104

Resistance: 50.456, 50.855

What it said to watch

  • JOLTS and Factory Orders at 15:00 UTC could materially shift this read
  • Rejection at the 50.456 breakdown shelf and 78.6% fib keeps this a retracement of the session decline
  • M15 close above the 50.855 session high retraces the full Asia-London drop
  • Failure to hold the 50.00 psych handle exposes the 49.508 rally pivot, then the 49.104 base top

13:17 UTC

Intraday downtrend, sharp counter-rally · RSI 73 · price 49.691

Breakout from London range, higher low in place.

Silver slid from 50.85 through Asia and London on the Iran strike reports, printing a 48.60 session low at 09:00 UTC before settling into a 48.85–49.10 London range. A breakout above that range top at 12:15 UTC ran to a 49.74 session high ahead of the NY open. RSI(14) is at 73 and price is back above both EMAs.

Support: 49.302, 49.104, 48.599

Resistance: 49.737, 50.00, 50.20

What it said to watch

  • A close above the 49.74 session high brings the 50.00 round number and the 50.20 asia pivot into view
  • A close back below 49.30 (fib 38.2) undercuts the breakout and puts the 49.10 range top back in focus
  • A break of the rising lows trendline and the 48.60 session low resumes the intraday slide
  • JOLTS and Factory Orders at 15:00 UTC could materially shift this read
  • Fresh Iran or oil headlines could reverse the bounce, as they did in Asia

13:04 UTC

Downtrend, sharp counter-rally in progress · RSI 68 · price 49.552

V-rebound off 48.60 day low, broke out of 48.85–49.10 base, now testing the 50% retrace.

Iran-strike headlines in the Asia session knocked silver from 50.85 through the 50.20 asia break. London extended the slide to a 48.60 day low, then price based at 48.85–49.10. Early NY broke the base top and ran to a 49.72 session high, right at the 50% fib of the decline, where the current bar is fading with RSI(14) near 68.

Support: 49.30, 49.10, 48.599

Resistance: 49.724, 50.00, 50.20

What it said to watch

  • Failure to hold the 49.30 breakout leg, then the 49.10 base top, puts price back in the base and exposes the 48.60 day low
  • An M15 close above the 49.72 session high and 50% fib opens the 50.00 round number, then the 50.20 asia break
  • A break of the rising lows trendline from 48.60 undercuts the rebound structure
  • JOLTS and Factory Orders at 15:00 UTC (17:00 broker) and overnight midterm results could materially shift this read

12:47 UTC

Downtrend, intraday bounce off session low · RSI 60 · price 49.314

Lower highs from 50.85; higher lows since 48.60, 48.85–49.10 range top broken.

Asia sold off from 50.85 on renewed Iran and oil-inflation pressure, and London extended the move to a 48.60 session low before higher lows formed. Into the London-NY transition price cleared the 48.85–49.10 range top and printed a 49.355 London high. It is now capped just under EMA50 near 49.39, with RSI(14) near 60.

Support: 49.10, 49.00, 48.599

Resistance: 49.355, 49.454, 49.599

What it said to watch

  • M15 close above the 49.45 swing high (38.2% fib of the decline) opens the 49.60 asia pivot
  • Loss of the 49.10 range top and round number 49.00 breaks the higher-low trendline and puts the 48.60 session low back in play
  • JOLTS and Factory Orders at 15:00 UTC could materially shift this read

12:32 UTC

Downtrend, rebounding off session low · RSI 53 · price 49.149

Lower highs from 50.85, higher lows off 48.60 since London.

Silver extended the Asia slide from 50.85 to a London session low at 48.60, as Qeshm-strike headlines revived oil-inflation and Fed-hike pressure. Higher lows have since formed in a 48.85–49.10 consolidation. The London-NY transition is retesting the 49.00 round number from above, with price pressing the 49.215 session high and a falling trendline near the 23.6% fib, RSI(14) neutral near 53.

Support: 49.00, 48.85, 48.599

Resistance: 49.215, 49.454, 50.00

What it said to watch

  • M15 close above the 49.215 session high and the falling trendline opens the 49.45 swing high, which aligns with the 38.2% fib
  • Acceptance above the 49.45 swing high puts the 50.00 round number in play
  • Failure to hold the 49.00 round number returns price to the 48.85 higher lows; a break there exposes the 48.60 session low
  • JOLTS and Factory Orders at 15:00 UTC could materially shift this read

12:17 UTC

Downtrend, pausing in a tight base · RSI 46 · price 49.007

Lower highs from Asian high, now a compressed range near session low.

Silver unwound Monday's oil-driven bounce through Asia and early London. It slid from the 50.86 Asian high to a 48.60 session low as the Qeshm strike reports revived energy-inflation and Fed-hike pressure. Since 09:00 UTC price has compressed in a 48.85 range low to 49.10 range top band, pinned at EMA20 and the 49.00 handle, with RSI(14) neutral near 46.

Support: 48.85, 48.60

Resistance: 49.10, 49.19, 49.46

What it said to watch

  • M15 close above the 49.10 range top would clear fib 23.6% (~49.13) and bring the 49.19 swing high into play, with fib 38.2 at 49.46 above that
  • Failure to hold the 48.85 range low exposes the 48.60 session low and then the 48.47 YTD low
  • JOLTS and Factory Orders at 15:00 UTC, in the first hours of NY, are the likely trigger out of the compression

12:04 UTC

Downtrend, pausing above session low · RSI 43 · price 48.941

Lower highs from 50.85 through Asia; tight 48.85–49.10 range since London low.

Asia extended the selloff from 50.85, and London broke the Asian low to a 48.60 session low as Qeshm strike headlines and firm Fed-hike pricing kept silver heavy. Since then price has compressed in a 48.85–49.10 range, just under the 49.00 psych level and capped near the 61.8% fib. Price sits below EMA20 and RSI(14) is neutral at 43.

Support: 48.85, 48.60, 48.47

Resistance: 49.00, 49.10, 49.45

What it said to watch

  • M15 close above the 49.10 range high and 61.8% fib opens the 49.45 swing high
  • Break of the 48.85 range low exposes the 48.60 session low, then the 48.47 ytd low
  • JOLTS and Factory Orders at 15:00 UTC could materially shift this read

11:47 UTC

Downtrend, shallow intraday bounce · RSI 48 · price 49.026

Lower highs from Asia; higher-low recovery off London low.

Monday's reversal extended through Asia, from 50.855 through the Asian low at 49.153 into London, where the session low printed at 48.599 as Iran strike headlines revived oil-inflation and hike pricing. Since then a shallow higher-low recovery has reclaimed the 49.00 psych handle, but price is capped below the 49.10 bounce high and the 23.6% retrace of the decline near 49.13.

Support: 49.00, 48.896, 48.599

Resistance: 49.104, 49.153

What it said to watch

  • JOLTS and Factory Orders at 15:00 UTC (17:00 broker) could materially shift this read
  • M15 close above the 49.153 asian low (just above the 23.6% retrace) turns the bounce into a reclaim of the Asian range
  • Loss of the 48.896 higher low breaks the rising lows line and exposes the 48.599 session low
  • Break below the 48.599 session low resumes the downtrend leg

11:32 UTC

Downtrend, pausing above session low · RSI 44 · price 48.93

Lower highs from Asia; higher lows since 09:00 UTC.

Silver slid from the 50.86 Asia high through early London on Qeshm strike reports that revived oil-inflation and Fed-hike pressure, printing a 48.60 session low under the 48.87 YTD-low area. Since 09:00 UTC a higher low chain near 48.85 and a rising trendline have held, with the bounce high at 49.10 stalling just shy of the 23.6% retracement of the Asia-London drop; the 49.45 lower high sits above.

Support: 48.85, 48.60, 48.47

Resistance: 49.10, 49.45

What it said to watch

  • M15 close below the 48.85 higher low and rising trendline reopens the 48.60 session low
  • Acceptance under 48.60 exposes the 48.47 YTD low
  • Close above the 49.10 bounce high and 23.6% retracement opens a deeper correction toward the 49.45 lower high
  • JOLTS and Factory Orders at 15:00 UTC could materially shift this read

11:17 UTC

Downtrend, bounce off session low · RSI 44 · price 49.054

Lower highs from 50.855; first higher low off 48.599.

Asia session sold one-way from 50.855 as the Qeshm strike reports revived energy-inflation fears, and London extended it to a 48.599 session low on a bullish RSI divergence. Mid-London, price is back above the 49.00 handle with a higher low at 48.846 and a swing high at 49.104, still capped under the 49.189 london high.

Support: 48.846, 48.599

Resistance: 49.104, 49.189, 49.454

What it said to watch

  • JOLTS and Factory Orders at 15:00 UTC could materially shift this read
  • Close above the 49.189 london high opens the fib 38.2 near 49.454
  • Close back below the 48.846 higher low negates the bounce structure
  • Break of the 48.599 session low resumes the lower-low sequence

11:03 UTC

Downtrend, pausing above session low · RSI 43 · price 48.941

Lower highs from Asia; tight 48.85–49.02 band under 49.00.

Silver extended its slide from 50.855 through Asia and London open to a 48.599 session low as the Qeshm strike reports revived the hike premium. Price is now compressing between the 48.846 range low and the 49.022 bounce high under the 49.00 handle, capped by a descending resistance line off the 49.189 swing high. RSI(14) has recovered to about 43 from oversold.

Support: 48.846, 48.599, 48.47

Resistance: 49.022, 49.189

What it said to watch

  • A close below the 48.846 range low reopens the 48.599 session low and the 48.47 ytd low
  • A close above the 49.022 bounce high and the descending resistance line opens the 49.189 swing high
  • JOLTS and Factory Orders at 15:00 UTC, early in NY hours, could materially shift this read

10:47 UTC

Downtrend, pausing after London low · RSI 40 · price 48.93

Lower highs from 50.86; tight 48.85–49.02 range under 49.00.

Asia session sold off from 50.86 through the 49.00 handle as Qeshm strike reports revived oil-inflation and Fed-hike pressure. London extended to a 48.60 london low before the bounce stalled at the 49.02 bounce high, under the 23.6% selloff fib. Price is now compressing between 48.85 and 49.02, below the falling trendline and both EMAs, with RSI(14) near 40.

Support: 48.846, 48.599, 48.47

Resistance: 49.022, 49.189

What it said to watch

  • M15 close above the 49.02 bounce high and the falling trendline breaks the lower-high chain, with the 49.19 swing high next
  • Loss of the 48.85 range low exposes the 48.60 london low, then the 48.47 ytd low
  • JOLTS and Factory Orders at 15:00 UTC (17:00 broker) could materially shift this read

10:32 UTC

Downtrend, bounce stalling · RSI 43 · price 48.909

Lower highs and lower lows; corrective bounce capped below $49.00 handle.

The Asia sell-off from 50.855 ran through the $49.00 handle as Qeshm strike reports revived energy-inflation and Fed-hike fears, and London extended it to a 48.599 session low. The bounce found rejection at the 49.022 bounce high, keeping the lower highs line intact, and price is back below EMA20 with RSI(14) near 43.

Support: 48.599, 48.47

Resistance: 49.022, 49.189, 49.454

What it said to watch

  • M15 close above the 49.022 bounce high and then the 49.189 lower high breaks the lower highs chain
  • Reclaiming the 49.454 swing high would put the 38.2% retracement of the Asia sell-off in play
  • Failure to hold the 48.599 session low exposes the 48.47 ytd low
  • JOLTS and Factory Orders at 15:00 UTC (17:00 broker) could materially shift this read

10:17 UTC

Downtrend, bounce stalling · RSI 41 · price 48.869

Lower-high/lower-low chain from 50.86 Asia high; London rebound capped at 49.02.

Silver sold off steadily from the 50.86 Asian high as reports of strikes on Iran's Qeshm Island revived oil-driven Fed hike bets. London extended the move to a 48.60 session low, just above the 48.47 ytd low. The rebound stalled at the 49.02 bounce high, short of the 23.6% retrace of the Asia-London drop, which leaves the lower-highs sequence intact with price back under EMA20 and RSI(14) near 41.

Support: 48.599, 48.47

Resistance: 49.022, 49.189

What it said to watch

  • M15 close above the 49.02 bounce high and the lower-highs line breaks the sequence; 49.19 swing high is the next reference
  • Failure to hold the 48.60 session low exposes the 48.47 ytd low
  • JOLTS and Factory Orders at 15:00 GMT (JOLTS f/c 7.13M) could materially shift this read

10:05 UTC

Downtrend, corrective bounce in London · RSI 41 · price 48.999

Lower-high chain from 50.86; rebound off 48.60 now retesting the broken 49.00 shelf.

The Asia session unwound Monday's oil-led bounce on Qeshm Island strike reports reviving hike bets. A lower-high chain took silver from 50.86 to the 48.60 session low early in London, undercutting the 48.87 YTD reference. Price has since bounced ~400 pips to retest the broken 49.00 psych shelf near the 50% fib of the last leg, with EMA20 at ~49.10 just overhead and RSI(14) at 41.

Support: 48.60, 48.47

Resistance: 49.00, 49.19, 49.45

What it said to watch

  • M15 close above the 49.19 lower high breaks the lower-high chain and puts the 49.45 swing high in play
  • Rejection at 49.00 psych keeps the downtrend sequence intact back toward the 48.60 session low
  • Failure to hold the 48.60 session low exposes the 48.47 ytd low
  • JOLTS at 15:00 UTC and overnight midterm results could materially shift this read

09:47 UTC

Downtrend, bouncing off session low · RSI 33 · price 48.863

Lower highs and lower lows from the 50.855 Asia-session high; first bounce off the London low.

Monday's oil-led bounce has fully unwound after the Qeshm Island strike reports. Silver has printed lower highs from the 50.855 Asia-session high, and London broke below the 49.00 round number to set a session low at 48.599. Price is lifting toward the 38.2% level of the decline fib near 48.93, with RSI(14) recovering to about 33 and the London high at 49.10 capping above.

Support: 48.599, 48.50

Resistance: 49.00, 49.10, 49.454

What it said to watch

  • An M15 close back above the 49.00 round number and the 49.10 london high would be the first higher high since the Asia session
  • Failure at the decline fib 38.2–50% zone (48.93–49.03) keeps the lower-high chain intact
  • A break of the 48.599 session low extends the lower-low sequence toward 48.50 psych
  • Reclaiming the 49.454 swing high is needed to negate the intraday downtrend
  • JOLTS and Factory Orders at 15:00 GMT, plus Iran/oil headlines, could materially shift this read

09:32 UTC

Downtrend, momentum stalling near lows · RSI 33 · price 48.804

Lower highs/lower lows from Asian high; London broke below Asian range.

Asia reversed from 50.855 on the Qeshm strike reports, unwinding Monday's NY spike to 51.26. London then broke the Asian range low and the 48.87 broken low to set a 48.599 session low, and price is now drifting just under the 49.01 breakdown with RSI(14) near 33 and both EMAs overhead.

Support: 48.599, 48.47

Resistance: 48.87, 49.011, 49.189

What it said to watch

  • Acceptance below the 48.599 session low exposes the 48.47 prior low
  • Recovery back above the 48.87 broken low and the 49.01 breakdown, then a close through the 49.19 lower high (near the 23.6% fib), breaks the lower-high chain
  • JOLTS and Factory Orders at 15:00 UTC (17:00 broker) could materially shift this read
  • Overnight midterm results and Iran/oil headlines can trigger sharp two-way swings

09:17 UTC

Downtrend, lower highs intact · RSI 31 · price 48.697

Lower highs and lower lows below the Asian range, new session low at 48.60.

Asian session reversed Monday's spike to 51.26 after the Qeshm strike reports revived the oil and hike-odds channel. London then broke the Asian low at 49.15 and printed a session low at 48.60. Lower highs at the 49.45 swing high and the 49.19 lower high keep the decline orderly, and RSI(14) near 30 is soft but not extreme.

Support: 48.599, 48.47

Resistance: 49.00, 49.189, 49.454

What it said to watch

  • M15 close below the 48.60 session low exposes the 48.47 prior low
  • Reclaim of the 49.00 round number and the lower-highs trendline would stall the downtrend read
  • Close above the 49.19 lower high breaks the lower-high chain, with the 49.45 swing high next
  • JOLTS at 15:00 UTC (f/c 7.13M) and Iran/oil headlines could materially shift this read

09:03 UTC

Downtrend, oversold but no reversal structure · RSI 29 · price 48.70

Lower highs and lower lows since Asia, fresh low early London.

Monday's oil-driven spike to 51.26 fully unwound after the Qeshm strike reports. Silver sold off from the 50.60 Asian range through the London open and broke the 48.87 broken low to a 48.664 session low. Each bounce is capped by a falling lower-high line, with RSI(14) near 29 and no higher low printed yet.

Support: 48.664, 48.47

Resistance: 48.87, 49.00, 49.189

What it said to watch

  • M15 close back above the 48.87 broken low would mark the break as a false break
  • Reclaim of the 49.00 round number and the 49.189 lower high breaks the lower-high chain
  • Acceptance below the 48.664 session low exposes the 48.47 prior low
  • JOLTS at 15:00 UTC during NY hours could materially shift this read

08:47 UTC

Downtrend, extending into London · RSI 28 · price 48.775

Lower-high/lower-low chain from Asia high; fresh session low in London.

Silver gave back Monday's spike in a steady Asia-session slide from the 50.86 Asia high after reports of US strikes on Iran revived oil-led Fed-hike pricing, with each bounce capped at a lower high. The first two hours of London broke below the 48.95 london low and the 48.87 prior low. RSI(14) sits near 28, and the 48.47 yearly low is the next reference.

Support: 48.47

Resistance: 48.95, 49.19, 49.45

What it said to watch

  • An M15 close back above the 48.95 london low would turn the break into a false break
  • A reclaim of the 49.19 london high breaks the lower-high chain; 49.45 is the last lower high
  • Acceptance below the 48.47 yearly low opens fresh 2026 lows
  • JOLTS at 15:00 UTC and rolling US midterm results could materially shift this read
  • 38.2% fib of the Asia high-low decline sits near 49.57

08:31 UTC

Downtrend, stalling near session lows · RSI 30 · price 48.963

Lower highs onto a flat 48.95 base.

Reports of US strikes on Qeshm Island drove a steady Asia session sell-off from the 50.855 swing high, unwinding Monday's Iran-diplomacy spike to 51.26. Early London is basing between the 48.948 session low and the 49.189 lower high, with RSI(14) near 30 and highs still stepping down along the falling trendline.

Support: 48.948, 48.87, 48.47

Resistance: 49.189, 49.454, 50.00

What it said to watch

  • Break below the 48.948 session low exposes the 48.87 prior low, then the 48.47 yearly low
  • Close above the 49.189 lower high breaks the falling trendline; reclaiming the 49.454 swing high puts the 38.2% fib near 49.68 in play
  • Fib 50% near 49.90 and the 50.00 round number cap any retracement of the Asia sell-off
  • US JOLTS at 15:00 UTC and overnight midterm results could materially shift this read

08:17 UTC

Downtrend, compressing near lows · RSI 34 · price 49.041

Lower highs and lows since 00:30 UTC; Asian low broken at London open.

Silver gave back Monday's NY pop to 51.26 after reports of US strikes on Qeshm Island hit early Asia. It then put in a steady lower-high chain from 50.855, and London open broke the Asian low at 49.153 to set a session low at 48.948. Price is now compressing in a 48.95–49.19 band against the descending trendline, RSI(14) near 34, with the Oct-30 low at 48.87 just below.

Support: 48.948, 48.87

Resistance: 49.189, 49.454

What it said to watch

  • Failure to hold the 48.948 session low exposes the 48.87 Oct-30 low
  • M15 close above the 49.189 lower high, clearing the descending trendline, breaks the lower-high chain; 49.454 swing high is next
  • JOLTS at 15:00 UTC, US-Iran headlines and midterm results could materially shift this read

08:03 UTC

Downtrend, lower highs intact since Asia · RSI 33 · price 49.043

Lower highs and lower lows; Asian range broken to the downside at London open.

Reports of US strikes on Qeshm Island unwound Monday's bounce. Asia printed a steady lower-high chain from 50.855, and London open broke the 49.153 Asian low to a 48.968 London low. The early-London bounce stalled at 49.19, just above the broken Asian low, with RSI(14) near 33: stretched, not extreme.

Support: 48.968, 48.87

Resistance: 49.153, 49.454, 49.689

What it said to watch

  • M15 close back above the 49.153 Asian low and the 49.454 lower high breaks the descending trendline and the lower-high chain
  • Failure to hold the 48.968 London low exposes the 48.87 Oct 30 low
  • A reclaim of the 38.2% fib at 49.689 would mark a deeper retracement of the Asia-London sell-off
  • US-Iran headlines, midterm newsflow and JOLTS at 15:00 UTC could materially shift this read

07:47 UTC

Downtrend, pausing above session low · RSI 31 · price 49.073

Lower highs and lower lows through Asia, basing into London open.

The Asia session unwound Monday's bounce, falling from 50.86 to a 48.97 session low on reports of US strikes on Qeshm Island. Each bounce stayed under the falling trendline. Into London open, price is holding just above the Oct 30 low at 48.87, with the 49.19 bounce high and the 49.45 lower high capping and RSI(14) near 31.

Support: 48.968, 48.87, 48.47

Resistance: 49.189, 49.454, 49.689

What it said to watch

  • A break below the 48.97 session low and the 48.87 Oct 30 low extends the lower-low chain toward the 48.47 yearly low
  • A close above the 49.45 lower high and the falling trendline breaks the Asia sequence and exposes the fib 38.2 at 49.69
  • Fresh US-Iran headlines or the oil reaction can reprice silver quickly
  • JOLTS at 15:00 UTC and US midterm results could materially shift this read

07:32 UTC

Downtrend, first bounce off session low · RSI 31 · price 49.155

Lower-high/lower-low chain since 00:30 UTC; prev day low broken.

Asia session sold off from 50.86 after reports of US strikes on Qeshm Island. A clean chain of lower highs carried price through the 49.90 prev day low and the 49.60 breakdown shelf to a 48.97 session low into the London open. The bounce off that low is shallow so far, with RSI(14) near 31 and the 49.45 lower high capping.

Support: 48.968, 48.87

Resistance: 49.454, 49.60, 49.90

What it said to watch

  • M15 close below the 48.97 session low brings the 48.87 Oct 30 low into play
  • Close above the 49.45 lower high breaks the chain, with the 49.60 breakdown level next
  • Recovery back over the 49.90 prev day low would neutralise the Asia selloff structure
  • JOLTS at 15:00 UTC (f/c 7.13M), midterm newsflow and further US-Iran headlines could materially shift this read

07:17 UTC

Downtrend, oversold into London open · RSI 21 · price 48.995

Lower-high chain since early Asia, fresh session low.

Asia fully unwound Monday's NY spike to 51.26 after the Qeshm strike reports, carving a lower-high chain from 50.855 down to the 49.454 lower high and slicing back under Monday's prior low at 49.90. Since the London open price has broken the 49.15 broken base and printed a 48.976 session low with RSI(14) near 21. The Oct-30 low at 48.87 sits just underneath.

Support: 48.976, 48.87, 48.47

Resistance: 49.153, 49.454, 49.90

What it said to watch

  • Failure to hold the 48.87 oct-30 low exposes the 48.47 yearly low
  • M15 close back above the 49.153 broken base eases the oversold extension
  • Reclaim of the 49.454 lower high breaks the descending line and the lower-high chain; 49.90 prior low and 50% fib sit above
  • JOLTS at 15:00 UTC and any further US-Iran headlines could materially shift this read

07:03 UTC

Downtrend, oversold at session low · RSI 22 · price 49.034

Lower highs and lower lows through Asia; 49.15 double floor broken.

Asia sold off from the 50.855 session high after reports of US strikes on Qeshm Island revived oil-inflation and hike fears. The move carved a steady lower-high chain and lost Monday's 49.90 low. The 49.153 double floor gave way at 06:45 UTC, leaving price at the 49.023 session low ahead of London open with RSI(14) near 22 and the Oct 30 low at 48.87 next below.

Support: 49.023, 48.87, 48.47

Resistance: 49.153, 49.454

What it said to watch

  • Holding below the 49.153 broken floor keeps the breakdown intact; a reclaim would recast the move as a sweep of the floor
  • M15 close above the 49.454 lower high breaks the Asia downtrend line
  • Failure to hold the 48.87 Oct 30 low exposes the 48.47 yearly low
  • Further US-Iran headlines after the Qeshm strikes, and JOLTS at 15:00 UTC, could materially shift this read

06:47 UTC

Downtrend, extended near session lows · RSI 24 · price 49.181

Lower highs and lower lows since the 50.855 Asia high; base forming at 49.153.

Silver sold off through Asia from the 50.855 session high on reports of US strikes on Qeshm Island, breaking yesterday's 49.900 prior low. The session low at 49.153 has held on two tests, while lower highs persist under the descending trendline. The latest is a rejection at 49.454, and RSI(14) sits near 24 heading into the London open.

Support: 49.153, 48.87

Resistance: 49.454, 49.599, 49.90

What it said to watch

  • M15 close below the 49.153 session low extends the lower-low sequence toward the 48.87 Oct-30 low
  • Reclaiming the 49.599 swing high and the descending trendline breaks the lower-high chain, with the 49.900 prior low overhead near the 38.2% of the Asia sell-off
  • US-Iran headlines and JOLTS at 15:00 UTC could materially shift this read

06:32 UTC

Downtrend, selling pausing at the lows · RSI 30 · price 49.405

Lower highs and lows through Asia, micro double bottom at 49.153.

The Asia session extended Monday's fade after the Qeshm strike reports, breaking the 49.90 Monday low and printing a 49.153 session low, with RSI(14) recovering to ~30 from sub-20. Two tests of 49.153 have held into the pre-London hours, and price is pressing the descending trendline from 50.855, with the 49.60 lower high capping the bounce.

Support: 49.153, 48.87

Resistance: 49.60, 49.90, 50.205

What it said to watch

  • An M15 close above the 49.60 lower high confirms the micro double bottom, with the 49.90 Monday low and the 50.20 fib 61.8 next overhead
  • Failure to hold the 49.153 session low resumes the lower-low chain toward the 48.87 Oct-30 low
  • Rejection at the descending trendline keeps the Asia downtrend structure intact into the London open
  • JOLTS at 15:00 UTC, midterm results into Wed and further US-Iran headlines could materially shift this read

06:17 UTC

Downtrend, oversold into London open · RSI 21 · price 49.265

Lower highs and lower lows through Asia, session low tested twice.

The Asia session reversed from 50.855 after reports of US strikes on Qeshm Island. That fully unwound Monday's bounce and cut through the 49.90 Monday low. Lower highs are respected along the Asia sell-off trendline, with the session low at 49.153 tapped twice and RSI(14) near 21 into the London open.

Support: 49.153, 48.87

Resistance: 49.41, 49.60, 49.90

What it said to watch

  • M15 close back above the 49.41 breakdown level would interrupt the lower-high chain
  • Reclaim of the 49.60 prior lows and the Asia sell-off trendline puts the 49.80–49.90 zone (38.2% fib / Monday low) in play
  • Failure to hold the 49.153 session low exposes the 48.87 Oct 30 low
  • Further US-Iran headlines or oil re-spikes around the London open could extend the move; midterm polling is ongoing

06:05 UTC

Downtrend, steady lower highs since Asia open · RSI 18 · price 49.173

Lower-high chain from 50.855; prior low at 49.90 broken, trading at session low.

Monday's NY spike to 51.26 fully unwound in the Asia session after the Qeshm strike reports. The lower-high chain from 50.855 has taken out the 49.90 prior low and left price pinned at the 49.153 session low into London open, with RSI(14) near 18, deeply oversold.

Support: 49.153, 49.00, 48.87

Resistance: 49.599, 49.803, 49.90

What it said to watch

  • Failure to hold the 49.153 session low exposes the 49.00 round number, then the 48.87 Oct 30 low
  • M15 close above the 49.599 lower high and trendline breaks the lower-high chain; the 38.2% fib at 49.80 and the 49.90 prior low sit above
  • US-Iran headlines and JOLTS at 15:00 UTC could materially shift this read

05:47 UTC

Downtrend, oversold into late Asia · RSI 21 · price 49.337

Unbroken lower-high chain since 00:30 UTC, below Monday low.

Silver reversed from 50.855 early in the Asia session after the Qeshm Island strike reports. It has since printed a clean lower-high chain under the falling trendline, breaking Monday's 49.90 pre-spike low (now the monday low) and setting a session low at 49.153. RSI(14) near 21 is oversold, and the 49.599 lower high caps the last bounce ahead of London open.

Support: 49.153, 49.00, 48.87

Resistance: 49.599, 49.90, 50.205

What it said to watch

  • M15 close above the trendline and 49.599 lower high breaks the lower-high chain; the 38.2% fib at 49.80 and the monday low at 49.90 sit above
  • Fib 61.8 at 50.205 marks the deeper retracement ceiling if a London-session squeeze develops from oversold
  • Failure to hold the 49.153 session low exposes the 49.00 round number, then the 48.87 oct 30 low
  • US midterm voting under way and US-Iran headlines after the Qeshm strikes could materially shift this read
  • JOLTS at 15:00 UTC: a beat versus 7.13M lifts hike odds; a soft print weighs on them

05:32 UTC

Downtrend, oversold · RSI 17 · price 49.254

Lower highs and lower lows through Asia.

Asia session reversed from the 50.86 high as the Qeshm strike headlines revived energy-inflation and hike fears. A clean lower-high sequence along the descending trendline has taken silver through the 49.90 monday low to a fresh session low at 49.22. RSI(14) near 17 is deeply oversold, but no swing has yet broken the trendline.

Support: 49.224, 49.00, 48.87

Resistance: 49.60, 49.90

What it said to watch

  • M15 close back above the 49.60 minor high and the descending trendline would break the lower-high chain
  • Reclaim of the 49.90 monday low turns the break into a false break
  • Failure to hold the 49.22 session low exposes the 49.00 psych level, then the 48.87 oct-30 low
  • US midterm voting and Iran headlines into London open could materially shift this read; JOLTS at 15:00 UTC

05:17 UTC

Downtrend, oversold and stalling · RSI 23 · price 49.59

Asia-session lower-high chain from 50.855; Monday's low broken.

Monday's NY spike to 51.26 faded into a 50.40–51.10 range, and Asia reversed hard from 50.855 on the Qeshm strike reports. Silver has posted steady lower highs under a descending trendline, broken the 49.90 monday low and set a session low at 49.433. RSI(14) is near 23 (oversold) and the last two bars show a small bounce off the lows.

Support: 49.433, 49.00

Resistance: 49.90, 50.00, 50.312

What it said to watch

  • Failure to hold the 49.433 session low extends the lower-low sequence toward the 49.00 round number
  • An M15 close back above the 49.90 monday low and the descending trendline would mark the break as a false break
  • A retrace into the 50.00 round number–50.312 fib 61.8 zone is where the Asia sell-off leg would be tested
  • London open in roughly 2.75h; US midterm vote counting and JOLTS (f/c 7.13M) at 15:00 UTC could materially shift this read
  • Fresh US-Iran or oil headlines remain the main driver of intraday swings

05:04 UTC

Downtrend, stretched into late Asia · RSI 21 · price 49.512

Lower highs and lower lows since the 51.26 spike; Monday low broken.

Asia session unwound Monday's NY spike to 51.26 after the Qeshm strike reports revived oil-inflation fears. Price carved lower highs under a descending line and broke the 49.90 Monday low. It now sits just above the 49.46 Asia low ahead of London open, with RSI(14) near 21.

Support: 49.46, 49.00

Resistance: 49.78, 49.90

What it said to watch

  • M15 close back above the 49.90 Monday low would mark the breakdown as a false break
  • Failure to hold the 49.46 Asia low leaves the 49.00 round number as the next reference
  • A break of the Asia downtrend line near 49.60 and the 49.78 minor high would end the lower-high chain; 38.2% of the 51.26 sell-off sits near 50.15
  • US midterm voting under way, JOLTS at 15:00 UTC and any further Iran/oil headlines could materially shift this read

04:47 UTC

Downtrend, stretched into late Asia · RSI 23 · price 49.522

Lower highs and lower lows since the 50.855 Asia high; Monday low broken.

The Asia sell-off has fully reversed Monday's Iran-diplomacy spike. After the 50.855 Asia high, Qeshm strike reports drove a lower-high, lower-low slide through the 50.20 Asia shelf and the 49.90 Monday low, printing a fresh session low at 49.46. RSI(14) near 23 is stretched but not extreme, and price holds below EMA20, EMA50 and the Asia downtrend line.

Support: 49.46, 48.87

Resistance: 49.90, 50.20, 50.855

What it said to watch

  • Failure to hold the 49.46 session low extends the lower-low chain and puts the 48.87 Oct 30 low in view
  • M15 close back above the 49.90 Monday low would mark the breakdown as a false break
  • A move through the Asia downtrend line and the 50.20 Asia shelf would break the lower-high sequence
  • US midterm polls opening ~05:00 UTC and London open could shift the read
  • Fresh US-Iran headlines after the Qeshm strikes could materially move this read

04:32 UTC

Downtrend, oversold near session low · RSI 23 · price 49.656

Clean lower-high/lower-low chain through Asia, trading below Monday's pre-spike range low.

Asia session unwound Monday's NY spike to 51.26 after the Qeshm strike reports. The Asia leg down from 50.855 has printed steady lower highs along the lower-high trendline and cut through the 49.90 monday low and 50.00 psych. Late in Asia, price is pinned near the 49.60 session low with RSI(14) around 23 and ATR around 165 pips.

Support: 49.60, 49.50

Resistance: 49.90, 50.00, 50.23

What it said to watch

  • An M15 close back above the 49.90 monday low puts the break below Monday's range in question
  • A reclaim of 50.00 psych and the 50.23 lower high (Asia leg fib 50%) breaks the lower-high chain
  • Failure to hold the 49.60 session low extends the leg toward the 49.50 round number
  • London open, midterm polls from ~05:00 UTC and US-Iran headlines could materially shift this read; JOLTS is due at 15:00 UTC

04:17 UTC

Intraday downtrend, deeply oversold · RSI 20 · price 49.682

Asia lower-high/lower-low chain below Monday low.

Asia session has unwound Monday's NY spike to 51.26 as the Qeshm strike headlines revived energy-inflation pressure. Price is printing lower highs under a descending trendline from the 50.855 Asian high and has cut through the Monday low at 49.90 to a fresh session low at 49.601. RSI(14) near 20 shows the move is stretched, and late-Asia trade is stalling just above that low.

Support: 49.601, 49.50

Resistance: 49.90, 50.20

What it said to watch

  • Failure to hold the 49.601 session low exposes the 49.50 round number
  • M15 close back above the 49.90 Monday low would mark the range break as a false break
  • Descending trendline and the 50.20 Asia pivot (50% of the Asia sell-off fib) cap any rebound attempt
  • US midterm results flowing from ~05:00 UTC and further Iran/oil headlines could materially shift this read into London open

04:04 UTC

Downtrend, RSI near oversold · RSI 25 · price 49.701

Lower highs and lower lows through Asia, prior-day low broken.

The Asia session sell-off from 50.855 erased the gains from Monday's NY spike and broke the prior low near 49.86, printing a session low at 49.642 as reports of US strikes on Qeshm revived energy-inflation fears. RSI(14) sits near 25, and the lower-high chain remains capped by the descending trendline. A rebound would meet the fib 38.2% near 50.10.

Support: 49.642, 49.50

Resistance: 49.86, 50.00, 50.43

What it said to watch

  • Reclaim of the 49.86 prior low and the 50.00 psych level would turn the break into a false break
  • Failure to hold the 49.642 session low extends the lower-low chain toward the 49.50 round number
  • M15 close above the 50.43 lower high and the descending trendline breaks the Asia sequence
  • US midterm results flowing from ~05:00 UTC and further Iran/oil headlines could materially shift this read

03:47 UTC

Downtrend, stretched into oversold · RSI 23 · price 49.738

Lower highs all Asia session; Monday range base broken.

Late in the Asia session, silver has fully unwound Monday's NY-open spike to 51.26. Selling from the 50.855 asia high has printed a steady chain of lower highs under a falling trendline and broken the 49.90 pre-spike base to a 49.642 session low, as reports of US strikes on Qeshm revived oil-driven hike pricing. RSI(14) near 23 is oversold, and supply has capped each bounce, most recently at the 50.229 lower high.

Support: 49.642, 49.50

Resistance: 50.00, 50.229, 50.855

What it said to watch

  • Acceptance below the 49.642 session low extends the leg toward the 49.50 round number
  • M15 close back above the 50.00 psych level and the falling trendline breaks the lower-high sequence
  • Midterm results flowing from ~05:00 UTC and any Iran/oil headlines could materially shift this read
  • A move through the 50.229 lower high would put the 50.855 asia high back in play

03:32 UTC

Intraday downtrend, oversold · RSI 25 · price 49.892

Asia lower-high/lower-low chain from 50.855; Monday range broken lower.

The Asia session has fully unwound Monday's 13:30 UTC spike to 51.26. Qeshm strike headlines triggered a lower-high sell-off from the 50.855 session high, through the Monday NY low and the $50 round number. Price is now pressing the 49.86 swing low with RSI(14) near 25, oversold but with no basing visible yet. The lower-high trendline sits near 50.02.

Support: 49.86, 49.561

Resistance: 50.00, 50.229, 50.389

What it said to watch

  • M15 close back above the round number at 50.00 and the lower-high trendline breaks the Asia sell-off sequence
  • A reclaim of the 50.229 lower high (near the asia sell-off fib 38.2%) would mark a structural shift
  • Mon NY low at 50.389 now overhead; acceptance back above it neutralises the range break
  • Acceptance below the 49.86 swing low exposes the Monday low at 49.561
  • Midterm results through Asia/Europe and further Qeshm/oil headlines could materially shift this read

03:17 UTC

Downtrend, extending into Asia · RSI 29 · price 49.976

Lower highs since 50.855 Asia session high; Monday's spike fully retraced.

Silver has faded from the 50.855 Asia session high on the Qeshm strike reports, which revived oil-driven Fed hike pricing. That has erased Monday's 13:30 UTC spike and slipped price under the 50.00 psych level toward the 49.90 spike base. A falling trendline caps a clean lower-high chain, with the latest lower high at 50.229 and RSI(14) near 29.

Support: 49.90, 49.561

Resistance: 50.00, 50.229, 50.46

What it said to watch

  • M15 close back above 50.229 lower high breaks the trendline and the lower-high chain
  • Acceptance below the 49.90 spike base exposes the 49.561 Monday low
  • Rebound into the 50.46 fib 38.2 zone is the first area to watch for rejection
  • Midterm results and further Iran/oil headlines through Asia and London could shift this read

03:03 UTC

Intraday downtrend, lower highs · RSI 33 · price 50.068

LH/LL chain from 50.855 Asian high, back at Monday spike base.

Asia session rejected the 50.855 Asian high and sold off after the Qeshm strike headlines revived oil-inflation fears. Lower highs at 50.456 and 50.229 have taken silver back to the 50.039 session low, which sits at the spike base of Monday's oil-driven rally. RSI(14) near 33 is not yet oversold.

Support: 50.039, 49.90, 49.561

Resistance: 50.229, 50.456, 50.855

What it said to watch

  • Failure to hold the 50.039 session low exposes the 49.900 spike base, then the 49.561 monday low
  • M15 close above the 50.229 lower high and the descending trendline breaks the lower-high chain, with the 50.456 bounce high next
  • Midterm results through Asia/Europe, Iran/oil headlines and JOLTS at 15:00 UTC could materially shift this read

02:47 UTC

Intraday downtrend from the Asia high · RSI 31 · price 50.071

Lower highs and lower lows since 50.855; Monday NY low broken.

The Asia session faded the 50.855 asia high into a lower-high, lower-low chain, cutting through Monday's ny low at 50.389 and the 50.17–50.20 asia shelf. The Qeshm strike report revived oil and the USD, unwinding most of Monday's NY spike. Price is pressing the 50.00 psych level, with RSI(14) near 31, soft but not yet extreme.

Support: 50.00, 49.90, 49.561

Resistance: 50.175, 50.389, 50.855

What it said to watch

  • An M15 close below the 50.00 psych level exposes the 49.90 pre-ny low, the base of Monday's NY spike, then the 49.56 monday low
  • Reclaiming the 50.175 asia shelf and the descending trendline would stall the lower-high sequence
  • An M15 close back above the 50.389 ny low, the 38.2% fib zone, invalidates the Asia selloff read
  • Qeshm/Hormuz headlines, US midterm voting and JOLTS at 15:00 UTC could materially shift this read

02:32 UTC

Intraday downtrend, lower highs through Asia · RSI 33 · price 50.155

Lower-high chain from 50.855, Asia lows near 50.17-50.20 giving way.

Asia session rejected the 50.855 asia high and has printed lower highs since. The selling followed the Qeshm strike headlines, which cut against Monday's oil-led bid. Price is now slipping through the 50.17-50.20 asia lows, near the 78.6% fib of Monday's NY spike, with RSI(14) at 33 and room left before the 50.00 round number.

Support: 50.00, 49.90

Resistance: 50.20, 50.42, 50.855

What it said to watch

  • M15 close back above the 50.20 asia lows would mark the break as a false break
  • Failure to hold the 50.00 round number exposes the 49.90 spike base, which would erase Monday's NY spike
  • Close above the asia lower-highs trendline and the 50.42 fib 61.8 would neutralise the Asia sell-off; the 50.855 asia high caps above
  • US midterm voting today and JOLTS at 15:00 UTC could materially shift this read

02:17 UTC

Short-term downtrend, basing at asian low · RSI 38 · price 50.274

Lower highs from 50.855; Monday's NY low at 50.39 broken, 50.18 floor tested three times.

Asia session reversed from the 50.855 asian high to 50.177. The drop sliced through Monday's 50.389 NY low and unwound much of the oil-driven NY spike to 51.26. Price is basing at the 50.18 asian low, which has held three tests, with RSI(14) near 38 and short of oversold.

Support: 50.177, 50.00, 49.90

Resistance: 50.389, 50.516, 50.855

What it said to watch

  • Close below the 50.18 asian low extends the lower-low sequence toward the 50.00 round number and the 49.90 pre-spike low
  • Recovery through the 50.39 ny low and the 50.52 50% fib of the Asia drop would neutralise the sell-off read; the 50.855 asian high sits above
  • US midterm results and JOLTS at 15:00 UTC could materially shift this read

02:04 UTC

Intraday downtrend, lower highs · RSI 37 · price 50.258

NY spike unwound; lower highs since NY, testing pre-spike base.

Asia session rejected the 50.855 asia high and slid to 50.177, retracing about 74% of Monday's NY spike from the 49.90 spike base to the 51.26 spike high, as Iran talks ended without a breakthrough. RSI(14) sits near 37 with price under both EMAs, and the 50.456 bounce high caps a lower-highs sequence running from the NY session.

Support: 50.177, 50.00, 49.90

Resistance: 50.456, 50.855, 51.26

What it said to watch

  • A close below the 50.177 asia low exposes the 50.00 round number and the 49.90 spike base.
  • A reclaim of the 50.456 bounce high and the lower-highs line reopens the 50.855 asia high.
  • US midterm results and JOLTS at 15:00 UTC could materially shift this read.

01:47 UTC

Intraday downtrend, lower highs off the 51.26 spike · RSI 39 · price 50.306

Asia broke below Monday's late-NY low; lower-low printed at 50.177.

Monday's NY-open spike to 51.26, driven by the oil-led USD dip, has faded through a series of lower highs. Early Asia was rejected at the 50.855 asian high and broke below the 50.39 ny low to a 50.177 asian low. Price is now holding just above that low, with RSI(14) near 39 and the 50.00 psych level below.

Support: 50.177, 50.00

Resistance: 50.39, 50.855

What it said to watch

  • M15 close back above the 50.39 ny low would turn the Asia break into a false break
  • Failure to hold the 50.177 asian low exposes the 50.00 psych level
  • Close above the lower-highs trendline and the 50.855 asian high breaks the sequence off the 51.26 spike
  • US midterm headlines through the day and JOLTS at 15:00 UTC could materially shift this read

01:32 UTC

Intraday downtrend after NY-open spike · RSI 42 · price 50.379

Lower highs and lower lows from the 51.26 spike high; early Asia trading near the 61.8% retrace.

Monday's NY-open spike from 49.90 to the 51.26 prior high, on the oil-led slide in USD and yields, has faded into a lower-low sequence. Early Asia swept through the NY lows to 50.197, the 78.6% retrace, and price is back near the 61.8% at 50.42, below both EMAs. RSI(14) is ~42 and ATR is ~145 pips.

Support: 50.197, 50.00, 49.90

Resistance: 50.534, 50.855, 51.26

What it said to watch

  • A close back above the 50.534 London high reopens the 50.855 Asia high and the lower-highs line
  • Acceptance above the 51.26 prior high would invalidate the lower-highs sequence
  • Failure to hold the 50.197 Asia low exposes the 50.00 psych and the 49.90 pre-NY low
  • US midterm voting runs today with results overnight, and JOLTS at 15:00 UTC could materially shift this read
  • US-Iran 'no breakthrough' headlines leave the oil/USD driver two-way

01:17 UTC

Intraday pullback inside a wide Monday range · RSI 45 · price 50.396

Asia rejection at 50.855, break below the NY range low.

Monday's NY-open spike from 49.90 to 51.26 came as oil slid on US-Iran headlines. Tuesday's Asia session was rejected at 50.855 and broke the 50.39 NY low, tagging 50.197, the 78.6% retrace of that spike. Price is now retesting the 50.39 NY low from below, just under the 61.8% level, with RSI(14) neutral near 45.

Support: 50.197, 50.00

Resistance: 50.389, 50.855, 51.26

What it said to watch

  • M15 close back above the 50.39 ny low negates the range break
  • Failure to hold the 50.197 asian low exposes 50.00 psych
  • Reclaim of the 50.855 asian high reopens the 51.26 monday high
  • US midterm vote today and JOLTS at 15:00 UTC could materially shift this read

01:03 UTC

Post-spike pullback, lower highs since NY open · RSI 47 · price 50.514

Lower highs from 51.26, NY low 50.39 holding, Asian range low under test.

Monday's NY-open spike from the 49.90 pre-spike low to the 51.26 spike high came as oil slid on US-Iran diplomacy hopes. It has since been retraced through a chain of lower highs. Early Asia saw a rejection at the 50.855 asia high, and price is now slipping under the 50.575 Asian range low into the 50–61.8% zone of the spike fib, with the 50.39 ny low the nearest floor.

Support: 50.39, 50.00, 49.90

Resistance: 50.855, 51.10, 51.26

What it said to watch

  • Failure to hold the 50.39 ny low, near the 61.8% spike fib, exposes 50.00 psych and the 49.90 pre-spike base
  • A reclaim of the 50.855 asia high breaks the lower-high sequence; 51.10 lower high and the 51.26 spike high sit above
  • US midterm results and JOLTS at 15:00 UTC could materially shift this read, alongside US-Iran oil headlines

00:47 UTC

Post-spike fade, lower highs since NY · RSI 47 · price 50.568

Range 50.40–50.85 inside the retracement of Monday's spike.

Monday's 13:30 UTC spike to the 51.26 spike high, driven by the oil slide on US-Iran headlines, has retraced to the 50% fib near 50.58. NY printed lower highs off the 51.10 ny range top, and demand held the 50.39–50.41 swing low, which sits on the 61.8% fib, twice. Early Asia pushed to an 50.855 asia high and was rejected straight back toward the 50.52 asia low.

Support: 50.52, 50.40, 50.00

Resistance: 50.855, 51.10, 51.26

What it said to watch

  • M15 close below the 50.40 swing low (61.8% fib) exposes the 50.00 psych level and the pre-spike base
  • Acceptance back above the 50.855 asia high reopens the 51.10 ny range top and the 51.26 spike high
  • US midterm results overnight and JOLTS at 15:00 UTC could gap or extend this range

00:32 UTC

Recovering within NY drop, higher lows · RSI 61 · price 50.752

Higher-low base off NY low, testing Asia high.

The NY open spike to the 51.26 day high came as the oil-led USD slide hit, but it faded quickly and price bled to a 50.389 NY low late in the session. Rising lows since then have carried early Asia up to the 50.769 Asia high, which sits near the 38.2–50% zone of the NY drop fib. RSI(14) is around 61.

Support: 50.575, 50.389, 50.00

Resistance: 50.769, 50.99, 51.26

What it said to watch

  • Hold of the 50.575 Asia low keeps the rising lows intact; a break exposes the 50.389 NY low
  • M15 close above 50.99 lower high clears the 61.8% of the NY drop and reopens the 51.26 day high
  • Loss of the NY low puts the 50.00 psych pivot back in play
  • US midterm voting from ~05:00 UTC and US-Iran/oil headlines could materially shift this read

00:17 UTC

Post-spike fade, now flat · RSI 52 · price 50.663

Lower highs since 51.26 spike; tight Asian range above the 50.389 swing low.

Monday's oil-driven spike to the 51.26 spike high during the London-NY transition was rejected, and NY printed a string of lower highs down to the 50.389 swing low, near the 61.8% retracement of the spike. Early Asia is compressing between the 50.575 Asian low and the 50.70 Asian high, below the 50.762 lower high, with RSI(14) neutral around 52.

Support: 50.575, 50.389, 50.00

Resistance: 50.70, 50.762, 51.26

What it said to watch

  • M15 close above the 50.762 lower high breaks the post-spike lower-high sequence and reopens 51.10-51.26
  • Loss of the 50.389 swing low gives up the 61.8% spike fib and exposes the 50.00 psych level
  • US midterm results overnight could gap USD and yields and break the Asian range in either direction
  • JOLTS and Factory Orders at 15:00 UTC are the next scheduled US data risk

00:04 UTC

Post-spike pullback, lower highs · RSI 46 · price 50.584

Lower highs off 51.26, compressing above the 50.39 NY low.

Monday's NY-open spike from 49.90 to the 51.26 spike high came as oil-led USD weakness hit. It has since faded through a sequence of lower highs, and price now sits on the 50% retracement near 50.58. The early Asia session is boxed between 50.58 and the 50.68 Asian high, with the 50.39 NY low near the 61.8% level the nearest floor.

Support: 50.39, 50.00, 49.90

Resistance: 50.68, 50.76, 51.26

What it said to watch

  • Failure to hold the 50.39 NY low exposes the 50.00 round number and the 49.90 pre-spike base
  • An M15 close above the 50.76 lower high breaks the post-spike lower-highs sequence
  • Overnight midterm results and Tuesday's JOLTS at 15:00 UTC could materially shift this read

All markets that day · Today’s XAG/USD Live Scan in the terminal