XAG/USD AI Live Scan, daily chart, Thursday, 4 June 2026

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

21:02 UTC

Downtrend, momentum waning near range lows · RSI 41 · price 73.928

Lower highs since early-Mar peak, basing around 72-75.

Silver remains in a multi-month downtrend off the January 121 spike, with a chain of lower highs from the early-March 83.03 peak compressing price into a 72-78 range. The last eight sessions have basing action around the 72.45 swing low while RSI on D1 holds in the low 40s, hinting at a mild bullish divergence against the prior low. EMA20 around 75.92 caps every bounce and EMA50 is still falling, keeping the broader read corrective.

Support: 72.45, 70.85

Resistance: 75.92, 78.66, 83.03

What it said to watch

  • Daily close above the 75.92 ema20 would weaken the downtrend read
  • Break below 72.45 swing low confirms continuation toward the 70.85 prior low
  • Sustained close back above 78.66 swing high would shift structure

16:26 UTC

Range-bound after February crash · RSI 41 · price 73.286

Multi-month consolidation between 72 and 89.

Silver remains trapped in a broad multi-month range between 72 and 89 following the late-January flash crash from 121 to 72. Price has rotated under EMA20 and EMA50 over the past two weeks and is now retesting the range low at 72.20 after rejection from the 75.50 area. RSI near 41 reflects fading momentum within the range rather than a fresh trend.

Support: 72.20, 67.80

Resistance: 75.50, 78.50

What it said to watch

  • Daily close below 72.20 opens path to the 67.80 feb low
  • Reclaim of 75.50 ema50 reopens range mid at 78.50
  • Middle East ceasefire headlines continue to drive intraday volatility

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