Contracting range: lower highs from 62.07 against higher lows from 59.68.
Silver spiked to the 62.07 range top on Friday's soft payrolls, then reversed to a 59.68 two-month low. Since then it has formed a tightening structure of lower highs (62.02 in London Monday, then the 61.85 day high late in NY Tuesday) against higher lows, including the 60.27 Tuesday low set in early London. Tuesday's rally ran through the NY session as the USD and yields eased, and price now sits just above EMA(20) near 61.23 with RSI(14) around 55.
Support: 61.23, 60.632, 60.267
Resistance: 61.853, 62.07
What it said to watch
H1 close above the 61.85 day high and the lower-highs line opens a retest of the 62.07 range top
Loss of EMA(20) at 61.23 and the 61.06 midpoint of the Tuesday rally puts the 60.63 weekly open back in view
Break of the higher-lows line and the 60.27 Tuesday low would resolve the range to the downside
FOMC Minutes Wed 18:00 UTC could materially shift this read via yields and the USD
60.27–62.02 weekly range, lower highs and Tuesday higher lows.
Silver rebounded from the 60.267 week low in early London on Tuesday to a 61.853 day high in NY hours as the dollar and yields eased. It now holds above EMA(20) near 61.21, with RSI(14) back near 57. The week is still a 60.27–62.02 range, and each high has come in lower: Friday's post-payrolls spike to 62.07, Monday's 62.022 week high, then Tuesday's rejection at 61.853.
Support: 61.21, 60.756, 60.267
Resistance: 61.853, 62.022
What it said to watch
H1 close above the 62.022 week high breaks the lower-highs sequence and the range top
Loss of the 60.756 higher low and the Tuesday trendline undermines the recovery from the week low
Failure to hold EMA(20) near 61.21 puts the 50% retracement of Tuesday's rally (~61.06) in focus
FOMC Minutes Wed 18:00 UTC (~20h) could materially shift this read via yields and the USD
Higher lows from 59.68 against lower highs from 62.02, contracting range.
Since Monday's open at 60.63, silver has rotated between the 60.27 Tuesday low and the 62.02 week high. The early-Europe dip on Tuesday held well above Friday's 59.68 post-NFP low, and the NY session lifted price to the 61.85 Tuesday high as the USD and yields eased. Lower highs at 62.02 and 61.85 against a line of higher lows leave a compressing range, with price holding above EMA(20) at 61.21 and above the 61.8% retrace of Friday's post-NFP drop, while RSI(14) sits near 58.
Support: 61.21, 60.756, 60.267
Resistance: 61.853, 62.022, 62.40
What it said to watch
H1 close above the 62.02 week high, and then the 62.40 range top, breaks the lower-highs sequence
Loss of the 60.76 swing low breaks the higher-lows trendline and reopens the 60.27 Tuesday low
Repeated H1 closes below the ema20 at 61.21 would point to fading momentum within the range
FOMC Minutes Wed 18:00 UTC and Thursday jobless claims could materially shift this read
60.27–62.07 range since Friday's NFP whipsaw; higher lows vs lower highs compressing.
Friday's NFP miss spiked silver to a 62.07 nfp high before a sharp reversal to the 59.68 two-month low, and the H1 chart has been ranging since. Monday's London push stalled at the 62.02 week high. Tuesday dipped to a 60.27 week low in early Europe, holding above the weekly open zone and forming a higher low, then recovered through NY on a softer USD and easing yields, leaving price above the ema20 and EMA(50) with RSI(14) near 59. A late-NY rejection at the 61.85 tue high keeps the lower highs line from Monday intact, and price is now coiling between that line and the higher lows line off Friday's low.
Support: 61.15, 60.632, 60.267
Resistance: 61.853, 62.022, 62.07
What it said to watch
H1 close above the 62.02 week high and 62.07 nfp high would break the lower highs line and the range top
Pullbacks holding the ema20 near 61.15, around the 50% of the tue rally fib, keep Tuesday's recovery structure intact
A break below the weekly open at 60.63 and the 60.27 week low would undercut the higher lows line
FOMC Minutes Wed 18:00 UTC (~22h) could materially shift this read via yields and the USD
19:05 UTC
Range-bound, intraday recovery building · RSI 65 · price 61.667
59.68–62.07 range since Fri; higher low printed Tue NY.
Silver has rotated inside a 59.68–62.07 band since Friday's NFP whipsaw, with the 62.02–62.07 range top capping both the NFP spike and Monday's London high. Tuesday's climb from the 60.27 day low at London open put in a higher low at 60.76 during the first hour of NY, lifting price back above EMA(20) and EMA(50) with RSI(14) near 65 and about 80% of the NFP drop fib retraced. The digest frames the bounce as a softer-USD and easing-yields story rather than fresh metal demand.
Support: 61.19, 60.756, 60.267
Resistance: 62.022
What it said to watch
H1 close above the 62.02 range top marks a range break toward the digest's 62.40 cap
Failure to hold the 60.76 higher low reopens the 60.27 day low
Pullbacks holding the ema20 near 61.19 keep the NY-session climb intact; a break under it shifts the read back to mid-range
FOMC Minutes Wed 18:00 UTC (~23h) could materially shift this read via yields and USD
62.02–60.27 week range; lower highs vs higher lows.
Silver opened the week at 60.632. Monday's London rally met rejection at the 62.022 week high, just under Friday's NFP spike high, and Tuesday's 61.698 high marks a lower high. Tuesday's early-London low at 60.267 held as DXY eased off its annual high, the NY dip low at 60.756 extended the Tuesday higher-lows line, and price is back above EMA(20) near 61.10, which sits close to the 61.8% of the NFP drop fib, with RSI(14) mid-cycle near 58.
Support: 61.10, 60.756, 60.267
Resistance: 61.698, 62.022
What it said to watch
H1 close above the 61.698 tue high and the lower highs line opens a retest of the 62.022 week high
Loss of the 61.10 ema20 and the 60.756 ny dip low would break the Tuesday higher-lows line
Failure to hold the 60.267 week low confirms a range break lower
FOMC minutes Wed 18:00 UTC could materially shift this read
Tightening range 60.27–62.02, lower highs vs higher lows.
Silver has chopped inside a 60.27–62.02 range since Monday's open, with Friday's NFP whipsaw from 62.07 to 59.68 still framing the week. Monday's London push to the 62.02 week high and Tuesday's NY-open spike to 61.70 both faded, forming lower highs, while Tuesday's Asian dip to the 60.27 week low held above Friday's low and was bought into London. Price is back above EMA(20) and the 61.8% retrace of the NFP spike, with RSI(14) near 56, as the range tightens ahead of the FOMC minutes and firm yields cap rebounds.
Support: 61.08, 60.756, 60.267
Resistance: 61.698, 62.022
What it said to watch
H1 close above the 61.70 tue high breaks the lower-highs line and opens the 62.02 week high
Failure to hold the 60.76 ny low exposes the 60.27 week low and the higher-lows line
H1 close back below ema20 near 61.08 returns price to the middle of the range
FOMC minutes Wed 18:00 UTC could materially shift this read
16:05 UTC
Sideways, range contracting · RSI 57 · price 61.30
Lower highs from 62.02 vs higher lows from 59.68, coiling near 61.30.
Friday's NFP miss produced a 62.07–59.68 whipsaw. Since Monday's 60.63 open, silver has made lower highs (week high 62.022 in Monday's London session, then the tue high 61.698 into today's NY open) and higher lows (week low 60.267 in Tuesday's early-London dip, then the ny low 60.756), with Monday's rally capped as yields firmed on hot ISM prices paid. The post-NY-open pullback held near the 61.8% level of the Tuesday swing fib, and price at 61.30 sits back above the ema20 (~61.05) and EMA50 with RSI(14) in the mid-50s.
Support: 61.05, 60.756, 60.267
Resistance: 61.698, 62.022
What it said to watch
An H1 close above the lower-highs trendline and the 61.698 tue high reopens the 62.022 week high
Failure to hold the 60.756 ny low and the ema20 area exposes the 60.267 week low and the higher-lows trendline
FOMC minutes Wed 18:00 UTC could break the contracting range in either direction
Lower highs from 62.02 week high vs higher lows from 59.68 nfp low.
Silver has been range-bound since Friday's NFP spike to 62.07 reversed to the 59.68 nfp low. This week opened at 60.63 and ran to the 62.02 week high on Monday, then faded into the NY session. Tuesday's pre-London dip to the 60.27 week low drew buyers as the DXY eased off 102.54, but the London-NY transition rally met rejection at the 61.70 tue high, a second lower high. Price now sits just above EMA(20) at ~61.04 and EMA(50) at ~61.0 with RSI(14) near 55, compressing between the lower-high and higher-low trendlines, while 24-year-high yields keep a lid on rebounds.
Support: 60.756, 60.267, 59.676
Resistance: 61.698, 62.022
What it said to watch
H1 close above the 61.70 tue high breaks the lower-high trendline and reopens the 62.02 week high
Failure to hold the 60.76 ny low exposes the 60.27 week low and the higher-low trendline
A break below the 59.68 nfp low invalidates the higher-low sequence
FOMC minutes Wed 18:00 UTC could materially shift this read; Fed's Bowman (today 14:45 UTC) is also still being priced
Contracting range between 60.27 and 62.07 after Friday's NFP spike and reversal.
Silver has rotated inside a 60.27–62.07 band since Friday's NFP spike to the friday high reversed. The rebound from the 59.68 low stalled at the monday high of 62.02 in London, and today's push into the NY open faded from 61.70, leaving a lower-highs sequence. Tuesday's Asia dip to the tuesday low at 60.27 came on firmer yields and was bought back through London as DXY eased off its annual high, putting price back above the ema20 near 61.06 and the weekly open at 60.63, with RSI(14) near 57 sitting mid-range.
Support: 61.06, 60.632, 60.267
Resistance: 61.698, 62.022, 62.07
What it said to watch
H1 close above the today high at 61.70 breaks the lower-highs line and puts the 62.02–62.07 monday high / friday high cap back in play
Loss of the ema20 at 61.06 and the weekly open at 60.63 would return price to the lower half of the range
Failure to hold the tuesday low at 60.27 breaks the higher-lows line and exposes Friday's 59.68 low
Fed's Williams (13:05 GMT) and Bowman (14:45 GMT) today, then FOMC Minutes Wed 18:00 GMT, could materially shift this read via yields and USD
Silver spiked to the 62.07 Friday high on the NFP miss, then dropped to 59.68 in the same NY session. Monday's rally stalled at 62.02, a matching rejection, and faded as ISM prices paid lifted yields and the dollar. Tuesday's low at 60.27 set a higher low above Friday's trough. The European-session recovery as DXY eased has cleared the 61.22 breakout level and the weekly open, retracing about 72% of the Monday high to Tuesday low leg. Price sits back above EMA(20) and EMA(50), with RSI(14) near 59.
Support: 61.22, 60.632, 60.267
Resistance: 62.022, 62.07
What it said to watch
H1 close above the 62.02 monday high and 62.07 friday high breaks the range top
Slip back below the 61.22 breakout level returns price to the mid-range near the 60.63 weekly open
Failure to hold the 60.27 tuesday low breaks the higher-lows line and exposes Friday's 59.68 trough
Fed's Williams (13:05 UTC) and Bowman (14:45 UTC) today, then FOMC minutes Wed 18:00 UTC, could materially shift this read
Range 60.27–62.02, higher low Tuesday against lower highs since Monday.
Silver has rotated inside a 60.27–62.02 band since Monday's open. The soft-NFP rebound stalled at the 62.022 week high, just under Friday's 62.07 nfp high, and faded through the NY session once ISM prices paid lifted yields. Tuesday's Asia-to-London open dip printed a 60.267 week low, above Friday's low and inside the 78.6% of the Friday-low-to-Monday-high swing, before the London bounce stalled at the 61.226 day high; price now sits on flat, converged EMA(20)/EMA(50) near 60.95 with RSI(14) at 50.
Support: 60.632, 60.267, 59.676
Resistance: 61.226, 62.022, 62.07
What it said to watch
H1 close above the 61.226 day high breaks the lower-highs line and reopens the 62.022 week high and 62.07 nfp high
Failure to hold the 60.632 week open and then the 60.267 week low breaks the higher-lows line and exposes the 59.676 friday low
Fed's Williams (13:05 UTC) and Bowman (14:45 UTC) today, then FOMC minutes Wed 18:00 UTC, could materially shift this read via yields and the USD
59.68–62.07 range, higher low Tuesday, lower high Monday.
Friday's soft-NFP spike to 62.07 reversed to the 59.68 friday low. Monday's London rally from the 60.63 weekly open stalled at the 62.02 monday high and faded through NY as yields and a haven-bid USD capped metals. Tuesday's Asia dip held 60.27 near the 61.8% fib of the Friday–Monday swing, setting a higher low, and London has lifted price back to the 61.23 day high. Price sits just above the flattening EMA(20) with RSI(14) neutral near 51.
Support: 60.632, 60.267, 59.676
Resistance: 61.226, 62.022
What it said to watch
H1 close above the 61.23 day high reopens the 62.02 monday high and the 62.07 range top
Failure to hold the 60.63 weekly open and the 60.27 tuesday low breaks the higher-low line and exposes the 59.68 friday low
Fed's Williams (13:05 UTC) and Bowman (14:45 UTC) on hike odds could shift the range read today
FOMC Minutes Wed 18:00 UTC is the high-impact risk for a range break
59.68–62.07 range with a capped top and a higher low at 60.27.
Friday's soft-NFP spike to the 62.07 week high reversed into a NY-session plunge to the 59.68 week low. Monday's rally stalled at 62.02 for a second rejection at the range top, then faded through NY hours as hot ISM prices paid lifted yields and the USD. Tuesday's early-London dip held at 60.27, a higher low, and price has climbed back above EMA(20) to the 61.21 session high, close to the 61.8% retrace of the NFP drop, with RSI(14) neutral near 50.
Support: 60.93, 60.27, 59.68
Resistance: 61.21, 61.66, 62.07
What it said to watch
An H1 close above the 62.07 week high would break the twin-high range top
A rejection at the 61.21 session high or the 61.66 prior high keeps price inside the range
A close back below ema20 at 60.93 returns price to the lower half of the range
Failure to hold the 60.27 tuesday low breaks the higher lows line and reopens the 59.68 week low
Fed's Williams (13:05 UTC) and Bowman (14:45 UTC) today, then FOMC Minutes Wed 18:00 UTC, could materially shift this read
Range 59.68–62.07, higher low vs lower high tightening.
Silver has stayed inside a 59.68–62.07 range since Friday's NFP spike and reversal. Monday's London rally was rejected at the 62.02 week high as hot ISM prices paid pushed yields and the dollar higher. Tuesday's Asia slide set a 60.27 low, a higher low against Friday's 59.68, and the London-open bounce has reclaimed the 60.63 weekly open to sit on a flat EMA(20)/EMA(50) at the 38.2% retracement of the Monday–Tuesday drop, with RSI(14) flat near 50 between the lower-high line and higher-low line.
Support: 60.632, 60.267, 59.676
Resistance: 61.194, 61.352, 62.022
What it said to watch
H1 close above the 61.19 Asia high and the 61.35 61.8% fib breaks the lower-high line and reopens the 62.02 week high
Failure to hold the 60.63 weekly open and then the 60.27 Tuesday low breaks the higher-low line and exposes 60.00 and the 59.68 Friday low
A second rejection near the 62.02 week high would confirm supply capping the range top
Fed Williams (13:05 UTC) and Bowman (14:45 UTC) today, then FOMC Minutes Wed 18:00 UTC, could materially shift this read via yields
59.68–62.07 range; fade from Monday high into a 60.27 week low.
Monday's NY-open push to 62.022 was rejected just under Friday's NFP spike high. The hot ISM prices-paid print and 24-year-high yields drove the fade back below EMA(20) into the close. The Asia session extended the slide to a week low at 60.267, and the bounce back to the weekly open near 60.63 has left a lower high at 61.194. Price now sits between the 50% and 61.8% retracement of the 59.676–62.022 rebound, with RSI(14) near 43 keeping momentum soft inside the broader 59.68–62.07 range.
Support: 60.267, 60.00, 59.676
Resistance: 60.85, 61.194, 62.022
What it said to watch
H1 close above the 61.194 lower high breaks the descending lower-highs line
Reclaim of ema20 near 60.85 would neutralise the intraday fade
Failure to hold the 60.267 week low exposes 60.00 psych and the Friday low at 59.676
Fed's Williams (13:05 UTC) and Bowman (14:45 UTC) today, then FOMC Minutes Wed 18:00 UTC, could materially shift the range read
06:05 UTC
Downtrend from Monday high, inside weekly range · RSI 37 · price 60.421
Lower highs since Monday's 62.02 peak, within a 59.68–62.07 range.
Monday's London-session push to the 62.02 monday high met rejection just under Friday's post-NFP 62.07 spike. The hot ISM prices-paid print during NY hours then took price back through 61.00 as yields pressed 24-year highs. Today's Asia session extended the lower highs below the 60.63 week open and the ema20 near 60.87, with RSI(14) near 37 and price testing the 60.37 session low, about 31% back into Friday's post-NFP drop.
Support: 60.367, 60.00, 59.676
Resistance: 60.632, 60.87, 62.022
What it said to watch
H1 close below the 60.37 session low exposes the 60.00 round number and the 59.68 friday low
Reclaim of the week open and ema20 (60.63–60.87, near the 38.2–50% of the post-NFP drop) breaks the lower highs sequence
Monday high at 62.02 and Friday's 62.07 remain the range cap
Fed's Williams (13:05 UTC) and Bowman (14:45 UTC) today, then FOMC Minutes Wed 18:00 UTC, could materially shift this read via yields
59.68–62.07 range; lower highs since Monday, trading below the weekly open.
Silver faded Monday's London-led push to 62.02, which set a lower high under Friday's post-NFP spike at 62.07. It then slipped back below the weekly open at 60.63 in the Asia session as rising Treasury yields and a firm USD outweighed the soft payrolls relief. Price now sits below EMA(20) near 60.94 with RSI(14) in the high 30s, around the 61.8% retracement of the 59.68–62.02 swing, with the Asia low at 60.37 and the 60.00 round number as the nearby floor.
Support: 60.367, 60.00, 59.676
Resistance: 60.632, 60.94, 62.022
What it said to watch
Failure to hold the Asia low at 60.37 exposes the 60.00 round number and the Friday low at 59.68
An H1 close back above the weekly open and the ema20 near 60.94 would neutralise the lower highs read
A reclaim of the Monday high at 62.02 breaks the lower-highs sequence and challenges the range top
Fed's Williams (13:05 UTC) and Bowman (14:45 UTC) today, then FOMC Minutes Wed 18:00 UTC, could materially shift this read
59.68–62.07 range; lower highs from the 62.02 week high, price back at the weekly open.
Silver has rotated inside a 59.68–62.07 range since Friday's NFP whipsaw. Monday's Asia-to-London push stalled at the 62.02 week high, just shy of Friday's spike, and NY faded it as yields climbed after the ISM prices-paid jump. A Tuesday Asia drop to the 60.37 Asia low extended the sequence of lower highs and leaves price below EMA(20) near 61.00, with RSI(14) around 41, sitting on the 60.63 weekly open between the 50% and 61.8% fib of the Friday low–Monday high leg.
Support: 60.632, 60.367, 59.676
Resistance: 61.00, 62.022
What it said to watch
Hourly close below the 60.37 asia low exposes the $60.00 handle and the 59.68 friday low
Recovery through EMA20 near 61.00 and the lower highs line would neutralise the post-Monday fade
Failure at the 62.02 week high again would leave a twin rejection below 62.07; a close above it breaks the range top
Fed's Williams (13:05 UTC) and Bowman (14:45 UTC) today, then FOMC Minutes Wed 18:00 UTC, could materially shift this read via yields
Friday's 29K NFP miss spiked silver to the 62.07 friday high before rising yields drove a 240-cent slide to the 59.676 friday low in the NY session. Monday's London rally stalled at 62.02, a monday high just shy of Friday's, then faded through NY hours. The Asia session extended to a 60.367 asia low, leaving price back near the 60.632 weekly open, below EMA(20) near 61.04, with RSI(14) near 40 and the NFP swing about 45% retraced.
Support: 60.632, 60.367, 59.676
Resistance: 61.04, 62.022, 62.07
What it said to watch
H1 close below the 60.367 asia low exposes the 60.00 psych level and the 59.676 friday low
Reclaiming the ema20 near 61.04 would break the lower highs sequence from the monday high
Close above the 62.07 friday high invalidates the range read
Fed's Williams 13:05 and Bowman 14:45 UTC today, plus FOMC Minutes Wed 18:00 UTC, could materially shift this read via yields
59.68–62.07 range; lower highs since Monday's 62.02 peak, price back at weekly open.
Silver's post-NFP rebound ran through Monday's London session to 62.02, just shy of Friday's 62.07 spike, then faded from the NY open as ISM prices paid at 74 revived hike worries. That left equal highs capping the range and Monday NY trapped between 60.80 and the 61.29 range top. Asia's drop today slid back under EMA(20) near 61.05 to test the weekly open at 60.63, which sits near the 61.8% fib of the Friday low-to-Monday high swing.
Support: 60.632, 60.352, 59.676
Resistance: 61.05, 61.29, 62.022
What it said to watch
Failure to hold the weekly open at 60.63 and Monday's 60.59 low leaves the prior close at 60.35, then the Friday low at 59.68, exposed
H1 close back above EMA(20) at 61.05 and the lower-highs trendline would restore Monday's range toward the 61.29 range top
A break of the 62.02–62.07 equal highs would end the range read
Fed's Williams (13:05 UTC) and Bowman (14:45 UTC) today, then FOMC Minutes Wed 18:00 UTC, could materially shift this read
59.68–62.07 range; higher lows since Friday, lower highs since Monday.
Friday's NFP miss spiked silver to 62.07 before a full NY-session reversal to the 59.68 friday low. Monday's rebound from the 60.63 weekly open stalled at the 62.02 week high in London, a second rejection near the NFP top, then faded through NY as yields and the USD firmed on ISM prices paid. Price now sits near 61.00 in the Asia session, below EMA20 at 61.15 and just above the 60.80 ny low and 50% fib, with RSI(14) in the low 40s.
Support: 60.803, 60.632, 59.676
Resistance: 61.15, 61.292, 62.022
What it said to watch
H1 close below the 60.80 ny low and 50% fib exposes the weekly open at 60.63 and breaks the higher-lows line
Failure to reclaim EMA20 and the 61.29 ny high keeps the lower-highs sequence intact
H1 close above the 62.02 week high clears the double rejection zone at 62.00–62.07
Fed's Williams and Bowman Tuesday, then FOMC Minutes Wed 18:00 GMT, could materially shift this read
A break below the 59.68 friday low invalidates the range read