Silver extended a two-day surge off Monday's 56.57 low to a one-month high at 62.76, driven by softer US labor data (ADP 44K) and a slide in crude. Price has since gone sideways just above the reclaimed 61.90/62.00 shelf, with RSI(14) cooling off its overbought reading as the advance loses pace. Pullbacks are still holding well above the 60.90 prior range top.
Support: 61.90, 60.90
Resistance: 62.50, 62.76
What it said to watch
US NFP Fri 12:30 UTC could materially shift this read
H1 close above 62.50 opens the path to the 62.76 week high
Loss of 60.90 range top would negate the consolidation-at-highs read
23:02 UTC
Uptrend, momentum cooling · RSI 59 · price 62.033
Higher highs, consolidating below week high.
Silver ripped from Monday's 56.57 low to a one-month high near 62.76 this week, powered by the soft US ADP print (44K vs 70K) and a sharp oil sell-off easing inflation risk. Two-day surge has stalled below 62.00/61.90 (July 7 high) with pullbacks holding above the prior range top at 60.90, and RSI(14) has come off overbought as price coils near the highs. Momentum is intact above EMA20 but the up-move is capped into Friday's payrolls.
Support: 60.90, 59.00
Resistance: 62.00, 62.76
What it said to watch
US NFP Fri 12:30 UTC could materially shift this read
Sustained H1 close above 62.00 opens the path to the 62.76 week high
Loss of 60.90 range top exposes 59.00
22:02 UTC
Uptrend, momentum slowing · RSI 58 · price 62.038
Higher highs, consolidating below week high.
Silver ripped from Monday's 56.57 low to a one-month high near 62.76 into the NY session, driven by the soft ADP print and collapsing oil trimming Fed hike bets. Price is now stalling below the 62.50 session high with RSI easing off overbought, holding well above EMA20 and the 61.44 swing low. Two-day surge remains intact but capped; consolidation between 61.44 and 62.76.
Support: 61.44, 60.90
Resistance: 62.50, 62.76
What it said to watch
US Nonfarm Payrolls Fri 12:30 UTC could materially shift this read
H1 close above 62.76 extends the up-move
Loss of 61.44 opens a pullback toward the 60.90 range top
22:02 UTC
Uptrend, momentum slowing · RSI 64 · price 62.038
Higher highs into stall below 62.00.
Silver has run from Monday's 56.57 low to a one-month high at 62.76, extending on a second day as soft US ADP (44K) and a sharp oil sell-off revived Fed-easing bets. The last several hours have gone sideways just under the 62.00 psych cap with RSI cooling off overbought, and pullbacks holding the 60.90 range top. Momentum is slowing but the higher-low structure off Monday is intact.
Support: 60.90, 59.00
Resistance: 62.00, 62.76
What it said to watch
US Nonfarm Payrolls Fri 12:30 UTC could materially reset this read
Sustained close above 62.76 opens further upside
Failure to hold 60.90 range top confirms a deeper unwind toward 59.00
21:05 UTC
Uptrend, momentum slowing · RSI 57 · price 62.038
Higher highs into consolidation below week high.
Silver has run from Monday's 56.57 low to a one-month high at 62.757 in the NY session, powered by the soft ADP miss and a slide in oil. The last several H1 bars have stalled and coiled between 61.72 and the 62.505 session high, RSI cooling from overbought as price digests the two-day surge. The prior four-week range top at 60.90 sits as the deeper support reference below the ascending structure.
Support: 61.72, 60.90
Resistance: 62.505, 62.757
What it said to watch
Sustained H1 close above 62.505/62.757 needed to extend the up-move
Loss of 61.72 swing low would mark the first lower-low since the impulse
Failure to hold 60.90 range top opens 59.00 below
US NFP Fri 12:30 UTC could materially reshape this read
Higher highs and higher lows, stalling under 62.50.
Silver has run from Monday's 56.57 low to a one-month high of 62.76, a second-day surge fed by the soft ADP print (44K) and a sharp oil sell-off. Price is holding above EMA(20) and EMA(50) but the last several bars have coiled between 61.72 and 62.50, with the 62.50 swing high capping and RSI easing back from overbought. Pullbacks so far have held well above the prior 60.90 range top.
Support: 61.72, 60.90
Resistance: 62.50, 62.76
What it said to watch
US NFP Fri 12:30 UTC is the dominant catalyst and could reset this read
H1 close above 62.76 week high opens continuation of the up-move
Loss of 61.72 swing low would mark the first lower-low of the week
Failure to hold 60.90 range top undermines the trend structure
20:02 UTC
Uptrend, momentum slowing · RSI 62 · price 62.052
Higher highs, stalling at range top.
Silver has run for a second day off Monday's $56.57 low to a one-month high near $62.76, powered by lower US yields after the ADP miss (44K) and a sharp oil sell-off. Price cleared the $61.90/$62.00 July-7 cap during the NY session and is now consolidating just above it with RSI stretched near overbought. Pullbacks this week have held above the prior range top at $60.90, keeping the impulse intact.
Support: 61.90, 60.90
Resistance: 62.76
What it said to watch
US NFP Fri 12:30 UTC (f/c 80K) could materially shift this read
Sustained close above 62.76 extends the up-move
Loss of 61.90 puts price back inside the prior range toward 60.90
Silver has run a second straight day off Monday's 56.55 low to a one-month high at 62.76, powered by the soft ADP print (44K) and a sharp oil sell-off easing inflation risk. Price cleared the 61.90 July high and is now consolidating in the low-62s, holding above EMA20 with RSI stretched into overbought. The 62.50/62.76 zone has capped the last two pushes while pullbacks have found demand above 61.72.
Support: 61.72, 60.90
Resistance: 62.50, 62.76, 61.90
What it said to watch
US NFP Fri 12:30 UTC is the dominant risk to this read
H1 close above 62.76 opens the path to fresh highs
Failure to hold 61.72 signals a pullback toward the 60.90 range top
19:02 UTC
Uptrend, momentum slowing · RSI 62 · price 62.235
Higher highs, stalling below week high.
Silver has run a second straight day of gains to a one-month high near 62.76, driven off Monday's 56.57 low by the soft ADP print and a sharp oil sell-off. Price is holding above EMA(20) with RSI cooling from overbought as the 62.50/62.76 zone caps this week's advance. Pullbacks have so far held above the prior 61.90 cap, keeping the up-move intact into Friday's NFP.
Support: 61.90, 60.90
Resistance: 62.50, 62.76
What it said to watch
Sustained H1 close above 62.76 opens continuation of the rally
Failure to hold 61.90 exposes 60.90 range top
NFP Fri 12:30 UTC is the decisive catalyst for this read
Silver has run roughly +5% off Monday's 56.57 low into a one-month high, with the dominant leg driven through Tuesday's NY session after the soft US ADP print (44K) revived Fed-easing bets. Price is holding well above EMA20 but is stalling under the 62.50/62.76 supply band with RSI in overbought territory. Pullbacks have so far held above 61.72, keeping the up-structure intact.
Support: 61.72, 60.90
Resistance: 62.50, 62.76
What it said to watch
US NFP Fri 12:30 UTC is the decisive catalyst for this move
Sustained close above 62.50 opens the path back toward 62.76
Loss of 61.72 would mark the first lower-low and expose the 60.90 range top
18:02 UTC
Uptrend, overbought and stalling · RSI 66 · price 62.167
Higher highs, higher lows since Monday low.
Silver has run a clean second-day rally off Monday's 56.56 low into the 62.76 week high, powered by the soft ADP print and dovish-Fed repricing that pressured yields and the dollar. Price is holding above the 62.00 pivot (the prior July cap) with RSI(14) stretched into overbought, and the latest push stalled at 62.76 before easing back to 62.17. The 61.72 swing low marks the first shelf on any fade.
Support: 62.00, 61.72
Resistance: 62.76
What it said to watch
H1 close above 62.76 week high opens continuation
Loss of 62.00 psych level signals momentum fading
Failure to hold 61.72 swing low confirms a lower-high
Friday NFP is the week's dominant catalyst and could reshape this read
18:02 UTC
Uptrend, momentum slowing · RSI 64 · price 62.167
Higher highs and higher lows, stalling under 62.50.
Silver has run a clean second-day rally off Monday's 56.57 low, clearing 59, 60 and 61 to print a week high near 62.76 before easing back to 62.17. The move tracks the dovish-Fed repricing after the soft ADP (44K) and weak ISM services employment, with price holding well above EMA20 and EMA50. Momentum is flattening as the 62.50 area caps the last two pushes and RSI cools from stretched levels.
Support: 61.72, 60.90
Resistance: 62.50, 62.76
What it said to watch
H1 close above 62.76 extends the uptrend toward continuation
Loss of 61.72 then 60.90 signals a lower-low and stalls the advance
US NFP Fri 12:30 GMT is the dominant catalyst and could reset this read
Series of higher highs, overbought into resistance.
Silver ran a two-day impulse off Monday's 56.56 low into the 62.76 week high, accelerating through the NY session yesterday on the soft ADP print (44K vs 70K) and a sharp oil selloff. Price has since stalled below 62.76 with the last two bars capping near 62.60 and RSI(14) rolling off overbought, an early consolidation after the extension. Both EMAs sit well below price and the 61.07 higher-low remains the nearest structural pivot.
Support: 61.073
Resistance: 62.757
What it said to watch
Nonfarm Payrolls Fri 12:30 UTC could materially shift this read
H1 close above 62.76 opens continuation to fresh multi-week highs
Failure to hold 61.07 confirms a lower-low and breaks the higher-low sequence
Overbought RSI leaves air-pocket risk on any hawkish labor surprise
Two-day rally off Monday's 56.56 low has silver testing the 62 zone, a one-month high, after soft ADP (44K) and an oil-led inflation fade sapped the dollar. Price holds well above EMA20 with each pullback so far finding higher-low support, most recently around 61.08. RSI is stretched into overbought as the 62.76 week high caps the latest push.
Support: 61.08
Resistance: 62.76
What it said to watch
Nonfarm Payrolls Fri 12:30 UTC could materially shift this read
Hourly close below 61.08 breaks the higher-low sequence
62.76 week high — area to watch for rejection or continuation
Higher highs, higher lows; pullback off week high.
Silver's been on a two-day tear off Monday's $56.56 low, powered through the NY session yesterday by the soft ADP print and a heavy oil selloff, tagging a week high at 62.757 before easing back to 61.90. Price holds well above EMA(20) and EMA(50) with RSI cycling in overbought territory, so the trend is intact but stretched. The $62.00 psych area capped the first push and remains the pivot into Friday's payrolls.
Support: 61.073
Resistance: 62.00, 62.757
What it said to watch
Nonfarm Payrolls Fri 12:30 UTC is the decisive catalyst — could sharply shift this read
H1 close back below 61.07 breaks the latest higher-low structure
Silver has ripped roughly five dollars off Monday's 56.57 low, powered by the soft ADP print and an oil selloff, tagging a 62.76 week high before easing back to 61.9. Price sits well above EMA20 with RSI stretched into overbought, and the 62.00 psych zone has capped the last push. Momentum remains firm but the rally is extended into Friday's NFP.
Support: 61.00, 60.72
Resistance: 62.00, 62.76
What it said to watch
NFP Fri 12:30 UTC could sharply shift this read; overbought RSI leaves air-pocket risk on a hawkish print
H1 close above 62.76 opens the path to fresh multi-week highs
Loss of the 61.00 round exposes the 60.72 prior shelf
Series of higher highs and higher lows since Monday's low.
Silver has ripped from Monday's 56.557 low to a 62.757 session high, a two-day surge powered by the soft ADP print and an oil selloff undercutting the dollar. Price holds well above EMA20 and EMA50 with the breakout through the 62.00 (July 7) zone respected, but RSI(14) near 70 flags the move as stretched into Friday's NFP. Pullbacks this week have found buyers into the 61.00 breakout region.
Support: 61.073, 60.66
Resistance: 62.757
What it said to watch
NFP Fri 12:30 UTC (f/c 80K) is the decisive catalyst — a beat risks a sharp reversal off the 62.00 zone
Hourly close above 62.757 opens the path to fresh multi-week highs
Failure to hold 61.073 breaks the run of higher lows and points back toward the 60.66 breakout
Silver has run from Monday's $56.56 low to a $62.76 session high, extending sharply through the $62.00 July high after a weak ADP print (44K vs 70K) and an oil selloff undercut the dollar. Price trades well above EMA20 and EMA50 with RSI(14) stretched near 70, and the $62.00 level now sits as a retest zone below current price. Momentum remains dominant but the move is extended into Friday's payrolls.
Support: 62.00
Resistance: 62.757
What it said to watch
NFP Fri 12:30 UTC could materially shift this read given overbought RSI
A break back below the $62.00 retest zone would question the breakout
Failure to reclaim the 62.76 session high signals stalling momentum
14:02 UTC
Strong uptrend, extended · RSI 72 · price 62.336
Series of higher highs and higher lows.
Silver has run ~10% off Monday's 56.57 low into a one-month high at 62.505, with the sharpest leg through the NY session as the soft 44K ADP print and a slide in oil reinforced the dovish-Fed narrative. Price holds well above EMA20 with RSI(14) stretched near 72, and the 62.00 breakout zone has flipped to a floor on the latest push. The move is one-directional and extended into ISM Services.
Support: 61.073, 60.00, 59.00
Resistance: 62.505, 62.00
What it said to watch
ISM Services (14:00 UTC) is the immediate catalyst — a hot print risks a fast fade toward 60.00
H1 close back below 61.073 breaks the run of higher lows
Loss of 60.00 opens the path back to the 59.00 handle
14:02 UTC
Strong uptrend, extended · RSI 71 · price 62.336
Higher highs and higher lows, breakout in progress.
Silver has run roughly 10% off Monday's 56.57 low, clearing 62.00 into a fresh one-month high at 62.505 as soft ADP (44K vs 70K) and a slump in oil fed the dovish-Fed, disinflation read. Price sits well above both EMAs with RSI(14) pinned in overbought near 71, so the move is stretched even as structure holds firmly bullish. The 62.00 breakout zone is the immediate area to watch for a retest after the ISM Services print.
Support: 62.00, 61.073
Resistance: 62.505
What it said to watch
ISM Services (14:00 UTC) just released — a hot beat risks a fast fade toward the 60/59 handles despite the trend
H1 close back below 62.00 would put the breakout in question and open 61.07
Rejection at 62.505 keeps the week high capping the run
Series of higher highs and higher lows since Monday's low.
Silver has run roughly 10% off Monday's 56.57 low into the 62.00–62.50 zone, the highest in a month, powered by the soft ADP print and collapsing oil feeding the dovish-Fed repricing. Price sits well above EMA(20) and EMA(50) with RSI(14) pushed into overbought near 66, and the latest bar rejected the 62.505 session high back to 61.57. The 62.00 handle is the one-month breakout objective and has capped the topside this week.
Support: 61.07, 60.00, 59.00
Resistance: 62.505, 62.00
What it said to watch
ISM Services PMI at 14:00 UTC is the immediate catalyst and could materially shift this read
A hot ISM print risks a fast fade back toward the 60.00 round number and 59.00
Failure to hold 61.07 swing low breaks the higher-low sequence
Series of higher highs and higher lows off Monday's low.
Silver has run roughly 10% off Monday's 56.57 low to a one-month high at 62.505, powered by the soft ADP print (44K vs 70K) and a sharp oil sell-off feeding the disinflation story. The 62.00 psych level has capped the latest push, with the final bar rejecting off 62.505 back to 61.575 as RSI(14) sits stretched near overbought. Price remains well above EMA20 and EMA50, with pullbacks so far holding the 61.00 shelf.
Support: 61.00, 60.00
Resistance: 62.00, 62.505
What it said to watch
ISM Services PMI today 14:00 UTC — the immediate catalyst for this move
Failure to hold 61.00 opens the path back toward the 60.00 round number
H1 close above 62.00 reasserts the breakout toward the 62.505 week high
12:03 UTC
Uptrend, extended into overbought · RSI 72 · price 62.04
Higher highs, breakout above two-week range.
Silver has ripped ~9% off Monday's $56.56 low, breaking clear of the two-week range and pressing the $62.00 monthly-high pivot as oil collapsed on Hormuz reopening headlines and softer JOLTS kept Fed-easing hopes alive. Price sits well above EMA20 and EMA50 with each pullback bought since the NY session yesterday, but RSI(14) is stretched into overbought around 72. $62.00 is the immediate ceiling — an area to watch for acceptance versus rejection.
Support: 60.66
Resistance: 62.04, 62.00
What it said to watch
ADP 12:15 GMT and ISM Services 14:00 GMT could materially shift this read
Loss of $60.66 breakout level would flag mean-reversion from the stretched move
12:03 UTC
Strong uptrend, overbought · RSI 74 · price 62.04
Higher highs, breakout extension.
Silver ripped to the $62.00 monthly-high pivot in a two-day breakout, driven by the oil collapse on Hormuz reopening and a softer JOLTS print keeping Fed-easing bets alive. Price has held above EMA20 through every NY-session pullback since the $56.55 low, with RSI(14) now stretched into overbought near 73. The $60.70 prior high and $59.80 breakout base mark the reference shelves below.
Support: 60.70, 59.80
Resistance: 62.00
What it said to watch
ADP at 12:15 GMT and ISM Services at 14:00 GMT could materially shift this read
Acceptance above 62.00 monthly high vs rejection defines the next leg
H1 close back below 60.70 would break the higher-low sequence
11:03 UTC
Uptrend, momentum slowing · RSI 64 · price 61.271
Higher highs into 1-month high, stalling below 62.00.
Silver has run ~10% off Monday's 56.57 low, extending a second straight day into the 61.88 week high as softer oil and a weaker dollar fed the disinflation-relief trade. Price sits above EMA20 and EMA50 but the last two H1 bars have stalled and faded from the highs with RSI in overbought territory. The 60.66 breakout shelf and the 60.00 round number are the reference pivots below.
Support: 60.66, 60.00
Resistance: 61.88, 62.00
What it said to watch
H1 acceptance above 62.00 vs rejection would define whether the 1-month high extends or fades
Failure to hold the 60.66 breakout opens the path back to the 60.00 round number
ADP and ISM Services in the coming hours could materially shift this read
Silver has run for four straight sessions off Tuesday's 56.55 low to a one-month high near 62.00, powered by the oil sell-off on Hormuz reopening headlines and a softer DXY after the JOLTS miss. The 61.88 week high has capped the latest push and price has slipped to 61.27, with RSI(14) rolling off overbought — the first meaningful pullback of the rally. Price still holds well above EMA20 and EMA50.
Support: 61.07, 60.00
Resistance: 61.88, 62.00
What it said to watch
Acceptance above 62.00 vs rejection extends or ends the week's rally
ADP in ~90 min and ISM Services at 14:00 UTC could materially shift this read
Failure to hold 61.07 opens the 60.00 round number
Higher highs since Monday low, consolidating below week high.
Silver has staged a near-8% recovery from Monday's $56.57 low, accelerating through the NY session yesterday on the oil collapse tied to Hormuz de-escalation and a softer JOLTS print. Price is holding above EMA(20) and EMA(50) but has stalled just under the $61.88 week high after tagging it, with RSI extended in the mid-60s. The prior $60.70 breakout shelf now sits as the nearest reference below.
Support: 60.70, 59.00
Resistance: 61.88
What it said to watch
H1 close above 61.88 extends the week's high; failure to hold 60.70 opens the path back toward the 59.00 handle
ADP (12:15 UTC) and ISM Services (14:00 UTC) could materially shift this read into the next bars
Loss of EMA(20) after an extended run would signal momentum cooling
10:02 UTC
Uptrend, stretched · RSI 68 · price 61.403
Higher highs, higher lows since Monday low.
Silver has run ~8% off Monday's $56.55 low, with the dominant leg firing through yesterday's NY session and extending into today toward the $61.88 week high. The move follows the Hormuz-reopening oil collapse and a softer JOLTS print that capped the dollar; RSI(14) is elevated near 68 with price stretched well above EMA20 and EMA50. The 60.66 breakout shelf now underpins the advance, with 59.00 the deeper handle cited as support.
Support: 60.66, 59.00
Resistance: 61.877
What it said to watch
ADP (12:15 UTC) and ISM Services (14:00 UTC) could materially shift this read
H1 close above 61.88 opens continuation; failure to hold 60.66 signals a lower-high forming
Loss of 59.00 handle would unwind this week's breakout structure
Silver has ripped from Monday's $56.56 low to a fresh monthly high at 61.88, with the run accelerating through the NY session as oil collapsed on Hormuz-reopening hopes and softer JOLTS pressured the dollar. Price cleared the $61 round number decisively and holds well above EMA(20) and EMA(50), though RSI(14) is stretched near 70. The last H1 stalled just under 61.88 before the current bar, marking the first pause in the impulse.
Support: 61.00
Resistance: 61.877, 62.00
What it said to watch
ADP at 12:15 UTC and ISM Services at 14:00 UTC could materially shift this read
Rejection at 61.88 vs a close above opens 62.00 psych level
Loss of the 61.00 round number would signal the breakout stalling
Silver ripped to a monthly high near $61.88 through the Tuesday–Wednesday NY sessions, powered by collapsing oil and a softer USD after the JOLTS miss. Price cleared the $60 round number and the breakout is holding above $60.66, though RSI(14) is deep in overbought territory and price sits well extended above EMA20. The advance from Monday's $56.56 low remains intact with each pullback finding support at rising lows.
Support: 60.66, 59.00
Resistance: 61.877, 62.00
What it said to watch
H1 close above 61.877 week high opens the path toward the 62.00 psych level
ADP 12:15 UTC and ISM Services 14:00 UTC could materially shift this read
Failure to hold the 60.66 breakout signals loss of momentum toward the 59.00 handle
08:03 UTC
Uptrend, extended · RSI 79 · price 61.815
Higher highs, breakout above range top.
Silver has broken clean above the $60.00 psychological cap that held the range all week, extending into the London session on Hormuz-reopening/soft-USD flow and printing a fresh week high at 61.877. Price sits well above EMA(20) and EMA(50) with RSI(14) pushed into overbought near 78 after a steep multi-bar impulse off Monday's 56.55 low. The prior range ceiling at $60.00 now flips to first support on any pullback.
Support: 60.00
Resistance: 61.877
What it said to watch
H1 close back below 60.00 would negate the breakout and re-open the range
ADP 12:15 UTC and ISM Services 14:00 UTC could materially shift this read
Rejection at the 61.877 week high would signal momentum stalling
Silver has run from Monday's $56.56 low to press 61.88 during the NY session, clearing the $60 psychological cap that stalled prior attempts this week — the move accelerated on Hormuz-reopening/oil-collapse headlines and a soft JOLTS print. Price sits well above EMA(20) with RSI(14) stretched into overbought territory after a near-vertical last three hours. The $60 handle now flips to first support on any pullback.
Support: 60.00
Resistance: 61.88
What it said to watch
ADP 12:15 UTC and ISM Services 14:00 UTC could materially shift this read
H1 close back below 60.00 would negate the breakout and re-open the range
Rejection at 61.88 with lower highs would flag momentum stalling
07:03 UTC
Strong uptrend, extended · RSI 79 · price 61.854
Higher highs, breakout above 60.00.
Silver has cleared the $60.00 handle it repeatedly failed near this week, accelerating through $61 into the NY session on a softer USD (DXY sub-100) and Hormuz-reopening/oil-collapse disinflation flows. Price is pinned near the 61.877 session high with RSI(14) stretched into overbought after the run off Monday's 56.557 low. Pullbacks have found higher lows and the move now sits well above both EMAs.
Support: 60.00, 59.00
Resistance: 61.877, 62.00
What it said to watch
ADP at 12:15 GMT and ISM Services at 14:00 GMT are high-impact and could materially shift this read
H1 close back below 60.00 would negate the breakout and reopen the 59.00 support
Sustained acceptance above 62.00 extends the impulse; rejection at 61.877 caps it
Silver has run from Monday's $56.57 low to $61.85, driven by Hormuz-reopening hopes weighing on oil and a soft USD (DXY sub-100) after missed JOLTS and Factory Orders. The $60.00 handle that capped several attempts this week has now been cleared and price is extending, but RSI(14) near 79 flags stretched momentum. Price sits well above EMA20 and EMA50 with no overhead structure until the $62.00 round number.
Support: 60.00
Resistance: 62.00
What it said to watch
ADP (12:15 GMT) and ISM Services (14:00 GMT) today could materially shift this read
H1 close back below the $60.00 handle would signal a failed breakout retest
RSI near 79 is overbought — divergence on a fresh high would flag fading momentum
Silver ran from Monday's $56.56 low to a fresh week high at 61.61, clearing the 60.00 handle on the latest NY-session push as Hormuz-reopening hopes and soft US data (JOLTS, Factory Orders) pressured the USD. Price sits well above EMA20 and EMA50 with RSI(14) stretched into overbought as the move accelerated into the close. The 60.00 handle, previously a repeated cap, now flips to first support after the breakout.
Support: 60.00, 59.00
Resistance: 61.608
What it said to watch
H1 close back below 60.00 would negate the breakout
ADP 12:15 UTC and ISM Services 14:00 UTC could materially shift this read
Loss of 59.00 with RSI rolling over confirms a lower high
06:02 UTC
Strong uptrend, extended · RSI 75 · price 61.442
Higher highs, breakout above $60.
Silver has cleared the $60.00 handle it repeatedly failed near, extending a rally from Monday's $56.57 low on Hormuz-reopening/soft-USD flows. The push into the NY session has been near vertical, printing a fresh session high at 61.61 with RSI(14) stretched into overbought. Price sits well above EMA(20), with the $60.00 round level flipping to first support on any pullback.
Support: 60.00, 59.00
Resistance: 61.61
What it said to watch
ADP 12:15 GMT and ISM Services 14:00 GMT could materially shift this read
Failure to hold the $60.00 handle on a pullback would question the breakout
H1 close back below 59.00 signals momentum stalling
05:03 UTC
Uptrend, extended · RSI 72 · price 60.737
Higher highs, fresh break of $60 handle.
Silver has rallied off Monday's $56.57 low and finally cleared the $60.00 handle in the NY session with a strong impulse bar from 59.89 to 60.66, the level it repeatedly failed near earlier in the week. The move rode a softer USD (DXY sub-100) after weak JOLTS and Factory Orders, and price now sits above both EMA(20) and EMA(50) with RSI stretched into overbought near 71. Momentum is one-directional but late-cycle after a near-$4 run.
Support: 60.00, 59.45
Resistance: 60.93
What it said to watch
ADP (12:15 GMT) and ISM Services (14:00 GMT) are high-impact and could shift this read
H1 close back below 60.00 would negate the breakout and put 59.45 swing low in focus
Failure to extend above 60.93 session high keeps the $61 round number capping
05:03 UTC
Uptrend, extended · RSI 73 · price 60.737
Higher highs since Monday low, breakout above 60.00.
Silver has run from Monday's 56.557 low to a 60.93 session high, finally clearing the 60.00 handle it repeatedly failed near, helped by Hormuz-reopening hopes crushing oil and a softer USD after missed JOLTS/Factory Orders. Price is holding above both EMAs with RSI(14) stretched into overbought near 73. The 60.00 handle now flips to first support beneath the extended move.
Support: 60.00, 59.00, 56.557
Resistance: 60.93
What it said to watch
ADP at 12:15 GMT and ISM Services at 14:00 GMT could materially shift this read
Failure to hold 60.00 puts price back inside the prior range
Close back below 59.00 negates the breakout structure
04:03 UTC
Uptrend, extended · RSI 74 · price 60.742
Breakout above 60.00 handle to fresh week high.
Silver rebased from Monday's 56.57 low and drove through the 60.00 handle into the NY session, tagging a fresh week high at 60.93 as a softer USD (JOLTS miss, sub-100 DXY) and Hormuz-reopening hopes eased inflation pressure. Price sits well above EMA(20) and EMA(50) with RSI(14) in overbought territory after the impulse leg. The 60.00 handle that repeatedly capped earlier this week has now been reclaimed.
Support: 60.00, 59.00
Resistance: 60.93
What it said to watch
H1 close back below 60.00 would put the breakout back into the prior range
ADP (12:15 GMT) and ISM Services (14:00 GMT) are high-impact and could materially shift this read
Failure to hold 59.00 reopens the 57.00-56.57 support zone
04:02 UTC
Uptrend, extended · RSI 75 · price 60.742
Higher highs, fresh breakout.
Silver has run from Monday's 56.57 low to a fresh 60.93 session high, clearing the $60.00 handle it repeatedly failed near earlier in the week as Hormuz-reopening hopes pressured oil and a softer USD (DXY sub-100, JOLTS miss) added a tailwind. Price sits well above EMA20 and EMA50 with RSI(14) stretched into the mid-70s after a near-vertical NY-hours push. The $60.00 handle now flips to the first area to monitor for a retest.
Support: 60.00, 59.00
Resistance: 60.932
What it said to watch
H1 close back below 60.00 would put the breakout into retest
Loss of 59.00 reopens the 57.20 / 56.57 downside pivots
ADP 12:15 GMT and ISM Services 14:00 GMT could materially shift this read
Silver punched through the $60.00 ceiling that had capped the week, the latest hourly candle ripping from 59.89 to a 60.83 high as a softer USD leg (JOLTS/Factory Orders misses, Hormuz-driven oil slide) undercut the dollar. Price has held above EMA(20) since the NY session yesterday with each pullback bought, and RSI(14) is now stretched into overbought near 74. The prior $60.00 barrier is now the immediate reference on any retest.
Support: 60.00, 59.00
Resistance: 60.83, 61.00
What it said to watch
ADP 12:15 UTC and ISM Services 14:00 UTC could materially shift this read
Loss of 60.00 on a close reopens the 59.00 shelf and negates the breakout
Sustained trade above 60.83 extends the impulse toward 61.00
03:02 UTC
Uptrend, extended · RSI 71 · price 60.674
Breakout above $60 ceiling.
Silver cleared the $60.00 ceiling into the NY session, printing 60.83 after two prior rejections at that handle this week, extending the rebound off Tuesday's 56.57 low. RSI(14) is stretched near 71 with price well above EMA(20), consistent with the relief squeeze on softer USD data and lower oil. ADP and ISM Services are due within hours and sit directly over this read.
Support: 60.00, 59.42
Resistance: 60.83
What it said to watch
ADP (12:15 UTC) and ISM Services (14:00 UTC) could materially shift this read
H1 close back below 60.00 puts the breakout back in question
Failure to hold 59.42 signals loss of upside momentum
Silver has trended up since the mid-week bounce off 56.56, with the dominant leg into the NY session lifting price to a 60.03 high before stalling — the digest ties the rebound to lower oil on Hormuz-reopening hopes rather than a trend change. Pullbacks have held above the rising EMA20 near 59.42, and price is consolidating just under the 60.00 handle into the Asia session. RSI(14) sits in the low-60s, still constructive but flattening as price fails to extend past 60.03.
Support: 59.42
Resistance: 60.00, 60.03
What it said to watch
Repeated stalls at 60.00/60.03 — area to watch for rejection or a clean break
H1 close below 59.42 EMA20 breaks the higher-low sequence
ADP (12:15 UTC) and ISM Services (14:00 UTC) could materially shift this read
02:02 UTC
Uptrend, capped near $60 · RSI 66 · price 59.88
Higher highs and higher lows, testing range top.
Silver ground higher through the NY session, extending from the 58.55 base to just under $60 as falling oil on Hormuz-reopening hopes eased inflation risk and pressured the dollar. Price is holding above rising EMA(20) and EMA(50) with RSI(14) mid-60s, but the 60.03 high and $60.00 handle have capped the advance, echoing repeated rejection near the week's ceiling. Structure remains a stair-step of higher lows since the overnight turn.
Support: 59.30
Resistance: 60.00, 60.03
What it said to watch
H1 close above 60.00 opens continuation toward fresh week highs
Failure to hold 59.30 confirms a lower-high and shifts the intraday read
ADP (12:15 UTC) and ISM Services (14:00 UTC) could materially move this read
Higher highs and higher lows, capped at $60 handle.
Silver has run from Monday's 56.557 low toward the $60.00 handle, a ~2.8% rebound driven by softer oil and a pinned-below-100 dollar. The 60.03 print stalled the move and price has eased back into the high 59s with RSI cycling off the highs, momentum slowing into the round number. Structure remains a clean sequence of higher lows off the weekly low.
Support: 59.281, 56.557
Resistance: 60.00, 60.03
What it said to watch
Clean H1 close above 60.00 vs rejection sets near-term direction
Failure to hold 59.281 breaks the run of higher lows
ADP 12:15 UTC and high-impact ISM Services 14:00 UTC could materially shift this read
01:03 UTC
Uptrend, momentum slowing · RSI 56 · price 59.656
Rally stalling below 60 handle.
Silver ripped off Monday's 56.57 low to test the $60.00 handle through the NY session, driven by slumping oil and a softer dollar. Two attempts at 60.03/59.98 have capped the move and price is now consolidating in the high-59s with RSI(14) cooling from overbought. EMA20 near 59.42 has underpinned the pullback so far.
Support: 59.42, 58.74
Resistance: 60.00, 60.03
What it said to watch
H1 close above 60.00 opens the path higher; repeated rejection keeps the double top in play
Loss of 59.42 then 58.74 would confirm a deeper retrace of the week's impulse
ADP 12:15 UTC and high-impact ISM Services 14:00 UTC could materially shift this read
Silver ripped from Monday's $56.557 low back to the $60.03 week high, the rally accelerating through the NY session as collapsing oil on Hormuz-reopening hopes eased inflation risk and softened the USD. Price has since stalled just under the $60.00 handle and is easing back toward the 50% retrace near 59.28 while holding above EMA(20). RSI(14) is cooling off from the highs but structure remains a series of higher lows.
Support: 59.28, 58.74
Resistance: 60.03, 60.00
What it said to watch
H1 close above 60.00 opens the path to fresh highs beyond 60.03
Failure to hold 59.28 exposes the 58.74 swing low
ADP and ISM Services later today could materially shift the USD read
00:02 UTC
Uptrend, momentum slowing · RSI 58 · price 59.406
Higher highs into 60.00, fading.
Silver has rallied hard off Monday's 56.57 weekly low, extending on collapsing oil and a softer USD to tag the 60.00 psych handle, where 60.03 marked the week high before the move stalled. Price is fading through the Asia session back toward 59.40 but holds well above EMA20 and EMA50; RSI has cooled from stretched levels as the last legs lost impulse. The 59.28 session low and prior 58.74 consolidation shelf are the nearest structure below.
Support: 59.28, 58.74, 56.57
Resistance: 60.00, 60.03
What it said to watch
Rejection at the 60.00 psych handle keeps the week-high cap intact
H1 close below 59.28 session low opens the path back to 58.74
ADP and ISM Services today could materially shift the USD read