XAG/USD AI Live Scan, 15-minute chart, Tuesday, 7 July 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.

23:47 UTC

Downtrend, stabilising at lows · RSI 40 · price 59.619

Lower highs, lower lows; below $60.

Silver broke the $60.00 psychological pivot during the NY session, sliding to a 59.44 session low before stabilising in the high-59.6s — a firmer USD and US-Iran de-escalation drove the leg down. Structure stays bearish below the broken $60 handle, with price now churning sideways after the drop.

Support: 59.435, 59.00

Resistance: 60.00

What it said to watch

  • Reclaim of 60.00 would invalidate the breakdown read
  • Loss of 59.44 session low confirms continuation lower toward 59.00
  • FOMC Minutes (Jul 8, 18:00 UTC) is the near-term catalyst that could reshape this read

23:47 UTC

Downtrend, extending lower · RSI 39 · price 59.619

Lower highs and lows, broke $60.00.

Silver extended its slide, breaking the $60.00 psych pivot and sweeping to a 59.435 session low before a shallow bounce faded back to 59.62. Move fits the digest's firmer-USD, US-Iran de-escalation read; rallies capped below the broken 60.00 handle. RSI(14) near 39, no oversold extreme.

Support: 59.435, 59.00

Resistance: 60.00, 60.31

What it said to watch

  • Break below 59.435 session low confirms a fresh lower low toward the 59.00 psych area
  • Reclaim of 60.00 psych needed to challenge the 60.31 swing high
  • FOMC Minutes Wed 18:00 UTC could materially shift this read

23:32 UTC

Downtrend, bounce underway · RSI 46 · price 59.927

Lower highs/lows, recovering off session low.

Silver extended its correction below the $60.00 psych level into the NY afternoon, tagging 59.435 before buyers stepped in to lift price back toward 60.00. RSI recovering from oversold; the metal is grinding higher within an intact M15 downtrend, still capped under the $60 handle.

Support: 59.435

Resistance: 60.00, 60.30

What it said to watch

  • Reclaim of 60.00 opens room back toward 60.30
  • Loss of 59.435 confirms a fresh lower low
  • FOMC Minutes Wed 18:00 UTC is the next macro catalyst for this read

23:32 UTC

Downtrend, bouncing off lows · RSI 44 · price 59.927

Lower highs, lower lows.

Silver broke the $60.00 psych level and swept the session low at 59.435 before basing near 59.9; RSI(14) recovering from oversold. Price remains well below EMA20/50 with a clean chain of lower highs — descending resistance now sits around 60.30.

Support: 59.435

Resistance: 60.00, 60.314

What it said to watch

  • Close below 59.435 extends the downtrend, exposing the $56.61 area flagged in the news
  • Reclaim of 60.00 psych needed to unwind the bearish read
  • FOMC Minutes Wed 18:00 UTC is the next major catalyst

23:17 UTC

Downtrend, momentum easing · RSI 41 · price 59.841

Lower highs and lows, basing below $60.

Silver extended its correction through the NY session, breaking $60 and sweeping down to 59.435 before buyers stepped in twice around the 59.4-59.6 zone. Price is now basing just below $60 with RSI(14) recovering off lows; firmer USD and US-Iran de-escalation kept pressure on the metal.

Support: 59.571, 59.435

Resistance: 60.00

What it said to watch

  • Reclaim of 60.00 needed to relieve the breakdown
  • Failure to hold 59.435 confirms a fresh lower low
  • FOMC Minutes Wed 18:00 UTC could materially shift this read

23:17 UTC

Downtrend, momentum easing · RSI 43 · price 59.841

Lower highs, lower lows; consolidating below 60.00.

Silver broke the $60.00 psych level during the late US-Iran/FOMC-driven slide, sweeping down to 59.44 before stabilising in a tight 59.57-59.89 band. Price sits below EMA20 and EMA50 with RSI(14) recovering off its lows near 42; the metal is pinned under 60.00 after giving back ~2 handles from last week's peak.

Support: 59.44

Resistance: 60.00

What it said to watch

  • Reclaim of 60.00 psych needed to ease the bearish read
  • Failure to hold 59.44 confirms a fresh lower-low
  • FOMC Minutes Wed 18:00 UTC could materially shift this read

23:03 UTC

Downtrend, extending lower · RSI 38 · price 59.769

Lower highs / lower lows, consolidating near session low.

Silver broke the $60.00 handle in the NY session, extending its downtrend as the post-NFP rally stalled ahead of FOMC Minutes. Price swept to 59.435 then bounced to 60.30 before fading back; now pinned in a tight 59.6-59.8 range near the session low with RSI(14) cooling around 37.

Support: 59.435

Resistance: 60.00, 60.30

What it said to watch

  • Reclaim of 60.00 psych needed to ease downside pressure toward 60.30 bounce high
  • Failure to hold 59.435 swing low confirms a fresh lower-low
  • FOMC Minutes Wed 18:00 UTC is the near-term catalyst and could reshape this read

23:03 UTC

Downtrend, momentum easing · RSI 40 · price 59.769

Lower highs and lower lows, near session low.

Silver extended its correction through the $60.00 psych level into NY hours, printing a session low at 59.435 before a shallow bounce that has already rolled over toward 59.57. Structure stays a clean chain of lower highs and lower lows with RSI(14) sub-40 but not yet oversold.

Support: 59.435, 59.571

Resistance: 60.00

What it said to watch

  • Close back above 60.00 psych would break the lower-high sequence
  • Failure to hold 59.435 session low confirms a fresh lower-low
  • FOMC Minutes Wed 18:00 UTC could materially shift this read

22:47 UTC

Downtrend, extended · RSI 23 · price 59.654

Lower highs, lower lows below 60.00.

NY session slide extended below the 60.00 psych level, XAG pressing back toward the 59.435 swing low as a firmer USD and US-Iran de-escalation weigh. RSI(14) at ~23 is oversold but price is not yet basing; the earlier bounce to 60.31 was sold.

Support: 59.435

Resistance: 60.00, 60.314

What it said to watch

  • M15 close below 59.435 confirms a fresh lower low, exposing 59.00
  • Reclaim of 60.00 needed to ease the downside pressure
  • FOMC Minutes tomorrow 18:00 UTC could materially shift this read

22:47 UTC

Downtrend, testing lows · RSI 39 · price 59.654

Lower highs, lower lows.

Silver broke below the 60.00 psych level and swept to 59.435 during the US-Iran/USD-firm slide, bounced to 60.314 then rolled over again into the Asia session. Price is grinding back toward the session low with RSI(14) near 39 and both EMAs overhead.

Support: 59.435

Resistance: 60.00, 60.314

What it said to watch

  • M15 close below 59.435 confirms continuation lower toward the psych zone
  • Reclaim of 60.00 psych needed to relieve downside pressure
  • FOMC Minutes (Wed 18:00 UTC) is the near-term catalyst that could shift this read

22:32 UTC

Downtrend, extending · RSI 32 · price 59.577

Lower highs, lower lows; broke $60 psych.

Silver broke the $60.00 psych pivot during the NY session and printed a session low at 59.435, extending the correction off the week's highs on a firmer USD and US-Iran de-escalation. Price is grinding at 59.58 in thin late-NY/early-Asia trade, RSI(14) around 32 but not yet at extremes.

Support: 59.435, 59.00

Resistance: 60.00, 60.30

What it said to watch

  • Reclaim of 60.00 psych would ease the downside pressure toward the 60.30 swing high
  • Break of 59.435 session low confirms continuation, exposing 59.00
  • FOMC Minutes (Jul 8, 18:00 UTC) is the next major catalyst for this read

22:32 UTC

Downtrend, momentum extended · RSI 26 · price 59.577

Lower highs and lower lows, below $60.

Silver slid through the $60 psych level late in the NY session, extending a clean chain of lower highs and lower lows from $62.14; RSI(14) near 26 shows the move is stretched but not yet at a sub-20 extreme. Sellers pressed to a session low of 59.435 and price is hovering just above it, with the broader tape still capped after the post-NFP rebound faded.

Support: 59.435, 59.00

Resistance: 60.00

What it said to watch

  • Reclaim of the $60.00 psych level would neutralise the breakdown read
  • Failure to hold 59.435 confirms continuation toward 59.00 psych
  • FOMC Minutes Wed 18:00 UTC could materially shift this read

22:17 UTC

Downtrend, momentum easing · RSI 41 · price 59.832

Lower highs, lower lows below $60.00.

NY session drove XAG/USD through the $60.00 pivot, sweeping to 59.435 before a bounce stalled at 60.30 and rolled over into the close at 59.83. Downtrend intact with price capped below EMA20/50; sellers pressing the $60.00 area flagged into tomorrow's FOMC Minutes.

Support: 59.435, 59.00

Resistance: 60.00, 60.30

What it said to watch

  • Break of 59.435 confirms a fresh lower low, exposing the $59.00 area
  • Reclaim of $60.00 needed to challenge the 60.30 swing high
  • FOMC Minutes Wed 18:00 UTC could materially shift this read

22:17 UTC

Downtrend, extending lower · RSI 37 · price 59.832

Lower highs, lower lows into session low.

NY session drove a clean break of 60.00, sweeping the session low at 59.435 before a bounce to 60.31 faded. Price is rolling back toward the low into Asia hours, RSI(14) mid-30s, no bullish reversal yet with silver capped below $61 as a firmer USD offsets dovish repricing.

Support: 59.435, 59.00

Resistance: 60.00, 60.314

What it said to watch

  • Reclaim of 60.00 psych needed to unwind the bearish read
  • Loss of 59.435 session low confirms fresh lower-low toward 59.00 psych
  • FOMC Minutes Wed 18:00 UTC could materially shift this read

22:03 UTC

Downtrend, bounce fading · RSI 42 · price 59.964

Lower highs and lows, swept 59.44.

Silver broke the 60.00 psych level during late NY hours, sliding to a swing low at 59.435 as a firmer USD and US-Iran de-escalation weighed. A bounce to 60.314 was rejected and price has faded back below 60.00, RSI(14) mid-40s with no reclaim yet.

Support: 59.435

Resistance: 60.00, 60.314

What it said to watch

  • Reclaim of 60.00 psych needed to challenge the 60.314 bounce high
  • Failure to hold 59.435 confirms a fresh lower-low
  • FOMC Minutes Wed 18:00 UTC is the near-term catalyst for this pair

22:03 UTC

Downtrend, fresh leg lower · RSI 44 · price 59.964

Lower highs and lower lows, bouncing off session low.

Silver broke the 60.00 psych level during NY hours, extending the correction to a 59.44 session low before a bounce to 60.31. Price is now fading back to test 60.00 from below; RSI(14) has recovered off its lows but sits sub-50, consistent with the intact downtrend.

Support: 59.435

Resistance: 60.00, 60.31

What it said to watch

  • Reclaim of 60.00 would neutralise the breakout; failure keeps 59.44 in play
  • Loss of 59.44 confirms a fresh lower low, exposing 59.00 area
  • FOMC Minutes Wed 18:00 UTC is the near-term catalyst and could reshape this read

21:47 UTC

Downtrend, bouncing off lows · RSI 43 · price 59.964

Lower highs, lower lows; broke below 60.00.

Silver broke below the 60.00 psych level into late NY, extending the correction with a spike low at 59.44 before buyers stepped in toward 60.31. Price has since faded back under 60.00 and RSI(14) is recovering from oversold near 42; the descending sequence of lower highs is intact.

Support: 59.44

Resistance: 60.00, 60.31

What it said to watch

  • Sustained break of 59.44 confirms a fresh lower low, exposing 59.00
  • Reclaim of 60.00 needed to ease the breakdown read
  • FOMC Minutes Wed 18:00 UTC is the next major catalyst

21:47 UTC

Downtrend, extending · RSI 41 · price 59.964

Lower highs, lower lows; broke $60.

NY session drove a clean break below the $60.00 psych level, sweeping down to 59.44 before a bounce to 60.31 was rejected. Price is sliding again into the close, holding just under $60 with RSI(14) mid-40s — no signs of reversal on this TF yet.

Support: 59.435, 59.78

Resistance: 60.314

What it said to watch

  • Close below 59.44 confirms continuation, exposes 59.78/lower
  • Reclaim of 60.31 needed to challenge the $61 psych
  • FOMC Minutes Wed 18:00 UTC could materially shift this read

21:32 UTC

Downtrend, extending · RSI 41 · price 59.964

Lower highs and lower lows, broke 60.00.

NY session broke below the 60.00 pivot, flushing to 59.44 before a bounce stalled at 60.31 and price slid back under 60.00. RSI(14) near 41 after the drop; ATR ~250 pips marks an active, volatile tape.

Support: 59.435, 59.00

Resistance: 60.00, 60.31

What it said to watch

  • M15 close back above 60.00 would ease the breakdown read
  • Loss of 59.44 session low opens toward the 59.00 psych level
  • FOMC Minutes ~20h out is the next macro catalyst for the metal

21:32 UTC

Downtrend, bounce fading · RSI 41 · price 59.964

Lower highs, lower lows; retesting broken $60.

Silver knifed through the $60.00 psych level into the NY session, printing a low of 59.435 before a bounce stalled at 60.31; price is now fading back under 60.00 as the firmer USD and US-Iran de-escalation cap the metal. Sequence of lower highs and lower lows intact, RSI(14) mid-range after the flush.

Support: 59.44

Resistance: 60.00, 60.31

What it said to watch

  • Reclaim and hold above 60.00 would neutralise the breakdown retest
  • Loss of 59.44 confirms continuation of the lower-low sequence
  • FOMC Minutes Wed 18:00 UTC could materially shift this read

21:17 UTC

Downtrend, momentum extended · RSI 43 · price 59.964

Lower highs, lower lows; recent sweep and bounce.

Silver broke down through 60.00 late in the NY session, sweeping to 59.435 before buyers pulled it back toward the round number; the metal is extending its correction off the $63 peak as a firmer USD and US-Iran de-escalation offset dovish Fed repricing. Structure stays lower-high/lower-low with price pinned just under 60.00.

Support: 59.435, 59.00

Resistance: 60.00, 60.31

What it said to watch

  • Reclaim of 60.00 would ease the breakdown read toward 60.31
  • Loss of 59.435 confirms a fresh lower-low, exposing 59.00
  • FOMC Minutes Wed 18:00 UTC could materially shift this read

21:17 UTC

Downtrend, extending lower · RSI 39 · price 59.964

Lower highs, broke below $60.00.

Silver broke the $60.00 psych level late in the NY session, printing a session low at 59.435 before a corrective bounce to 60.31 stalled. Price is fading again toward $60.00 with RSI(14) near 39; the descending-highs structure remains intact, in line with the broader post-NFP correction.

Support: 59.435

Resistance: 60.00, 60.31

What it said to watch

  • M15 close back above 60.31 bounce high would ease the downside pressure
  • Failure to hold above 59.435 session low confirms continuation lower
  • FOMC Minutes tomorrow 18:00 UTC could materially shift this read

21:05 UTC

Downtrend, momentum extending · RSI 39 · price 59.964

Lower highs, lower lows.

Silver broke the $60.00 pivot in late NY hours, sliding to 59.435 before a bounce stalled near 60.31 and rolled over — a clean rejection of the reclaimed handle. Downtrend structure intact with RSI(14) near 39, price pinned just under 60.00.

Support: 59.435, 59.00

Resistance: 60.00, 60.314

What it said to watch

  • Reclaim of 60.00 and the 60.31 bounce high needed to ease downside pressure
  • Break of 59.435 session low exposes 59.00 psych
  • FOMC Minutes Jul 8 18:00 UTC could materially shift this read

21:05 UTC

Downtrend, sellers in control · RSI 41 · price 59.964

Lower highs, lower lows.

Silver sold off sharply through the $60.00 psych level into late NY hours, printing a session low at 59.435 before a bounce to 60.31 faded. Price is rolling over again below $60 with the broader intraday structure firmly lower ahead of tomorrow's FOMC Minutes.

Support: 59.435

Resistance: 60.00, 60.314

What it said to watch

  • Reclaim of 60.00 psych would ease the breakdown read
  • Loss of 59.435 session low confirms continuation lower
  • FOMC Minutes Wed 18:00 UTC could materially shift this read

20:47 UTC

Downtrend, sharp leg down · RSI 40 · price 59.916

Lower highs and lower lows, sub-$60 break.

NY session drove a sharp break of the $60.00 psych level, tagging a 59.435 session low before a bounce to 60.31 faded back to 59.92. Structure stays firmly lower-high/lower-low with price pinned under EMA20/50; $60.00 has flipped to overhead resistance.

Support: 59.435

Resistance: 60.00, 60.31

What it said to watch

  • Reclaim of $60.00 psych would neutralise the sub-$60 break
  • Loss of 59.435 session low confirms continuation lower toward $56.61
  • FOMC Minutes Wed 18:00 UTC could materially shift this read

20:47 UTC

Downtrend, sub-$60 retest · RSI 42 · price 59.916

Lower highs, lower lows.

Silver broke the $60 psych level into late NY, extending the slide from $62 as a firmer USD and US-Iran de-escalation weigh per the digest. A bounce to 60.31 was rejected and price is now retesting sub-60, with the 59.435 session low the reference below.

Support: 59.435

Resistance: 60.00, 60.31

What it said to watch

  • Close below 59.435 confirms a fresh lower low, opening the digest-flagged sub-$60 downside
  • Reclaim of 60.00 psych and the 60.31 bounce high would neutralise the sub-$60 break

20:32 UTC

Downtrend, bouncing off session low · RSI 43 · price 60.083

Lower highs and lower lows, sweep of the low reclaimed.

NY session selloff broke below $61 and swept the low to $59.44 before buyers stepped in, with price now holding the $60.00 psych pivot. Downtrend intact on M15; RSI(14) recovering from the flush near 43.

Support: 60.00, 59.44

Resistance: 60.30, 60.95

What it said to watch

  • Reclaim of $60.30 needed to challenge the $60.95 prior base
  • Failure to hold $60.00 exposes the $59.44 session low
  • FOMC Minutes Wed 18:00 UTC could materially shift this read

20:32 UTC

Downtrend, bouncing off session low · RSI 44 · price 60.083

Lower highs into a swept low, now recovering.

NY session drove silver from ~60.90 through the $60.00 psych level down to 59.435, a sweep of the session low, before buyers recovered it back above $60 into the FOMC-minutes run-up. Price is now stalling at 60.08 under the 60.31 bounce high, RSI lifting off oversold but still below 50.

Support: 60.00, 59.78, 59.435

Resistance: 60.31, 60.90

What it said to watch

  • Loss of 60.00 psych and 59.78 recent low reopens the session low at 59.435
  • Reclaim of the 60.31 bounce high needed to challenge prior support at 60.90
  • FOMC Minutes Wed 18:00 UTC could materially shift this read

20:03 UTC

Downtrend, bounce off lows · RSI 37 · price 60.222

Lower lows, rebound from swing low.

NY afternoon drove a sharp break below the $60.00 psych level into a low of 59.435 before a rebound reclaimed 60.00 back to 60.29 — a false break look, with firmer USD and US-Iran de-escalation the drivers per the digest. RSI(14) near 36 off the bounce; price sits back below EMA20/EMA50 with 60.30 the immediate cap.

Support: 60.00, 59.435

Resistance: 60.30, 60.93

What it said to watch

  • Close below 59.435 confirms continuation of the lower-low sequence
  • Reclaim and hold above 60.30 bounce high needed to challenge 60.93
  • FOMC Minutes Wed 18:00 UTC could materially shift this read

20:03 UTC

Downtrend, bouncing off lows · RSI 42 · price 60.222

Lower highs, swept $60 then recovered.

Late NY session extended the downtrend with a sharp flush below $60.00 to 59.44 before buyers recovered price back above 60.20, a sweep of the psych level. Firmer USD and US-Iran de-escalation kept silver capped; RSI(14) lifting off the lows but still sub-50.

Support: 60.00, 59.44

Resistance: 60.90, 61.45

What it said to watch

  • Sustained break below 59.44/$60.00 opens the $56.61 area flagged in the macro read
  • Reclaim of 60.90 then 61.45 needed to revive the intraday upside
  • FOMC Minutes Wed 18:00 UTC could materially shift this read

19:47 UTC

Downtrend, extending lower · RSI 36 · price 59.999

Lower highs, lower lows; fresh session low then snapback.

Silver extended its correction into the late NY session, breaking the $60.00 psych level to print a session low at 59.435 before snapping back to close right at 60.00. Downtrend intact with a clean chain of lower highs and lower lows; the recovery is now testing broken 60.00 from below, RSI(14) lifting off its lows near 36.

Support: 59.435

Resistance: 60.00

What it said to watch

  • Sustained close back above 60.00 would flag a false break of the psych level
  • Break below 59.435 confirms continuation lower toward the $59.00 area
  • FOMC Minutes Wed 18:00 UTC could materially shift this read

19:47 UTC

Downtrend, extending lower · RSI 39 · price 59.999

Lower highs, lower lows; break of $60.

NY session sell-off broke the $60.00 psychological pivot, spiking to 59.435 before recovering to close right on $60. The slide extends a session-long downtrend as a firmer USD and US-Iran de-escalation weigh on silver; RSI(14) is lifting off oversold near 39 and ATR is elevated around 230 pips.

Support: 59.435

Resistance: 60.00, 60.43

What it said to watch

  • Failure to hold $60.00 re-exposes the 59.435 session low
  • Reclaim of 60.43 would ease the immediate downside pressure
  • FOMC Minutes (Wed 18:00 UTC) is the next macro catalyst for this read

19:32 UTC

Downtrend, accelerating · RSI 28 · price 59.841

Lower highs, lower lows; break below 60.00.

NY session sold off hard, slicing through the $60.00 psychological pivot on a firmer USD and US-Iran de-escalation, printing a session low at 59.435 before a shallow bounce to 59.84. RSI(14) is deeply oversold at ~28, so the last leg is stretched but momentum stays firmly down.

Support: 59.435

Resistance: 60.00

What it said to watch

  • Reclaim of the 60.00 psych level would neutralise the breakdown read
  • Failure to hold 59.435 session low confirms continuation lower
  • FOMC Minutes Wed 18:00 UTC could materially shift this read

19:32 UTC

Downtrend, accelerating · RSI 29 · price 59.841

Lower highs, fresh lower low below 60.00.

Late NY session accelerated lower, slicing through the $60.00 psychological pivot to a session low of 59.435 with RSI(14) near 29 — short-term oversold after a ~1.5-handle flush. The final bar bounced to 59.841 but price sits well below the broken 60.00 level, which now caps as resistance.

Support: 59.435, 59.00

Resistance: 60.00

What it said to watch

  • Reclaim of 60.00 would neutralise the breakdown read
  • Loss of 59.435 confirms continuation toward the 59.00 psych area
  • FOMC Minutes Wed 18:00 UTC could materially shift this read

19:17 UTC

Downtrend, accelerating · RSI 24 · price 59.661

Lower highs/lower lows, fresh breakdown.

Silver knifed through the 60.00 psych level into the NY afternoon, extending the downtrend to a session low of 59.65 with RSI(14) oversold near 24. The slide follows the stalled post-NFP rally as a firmer USD and US-Iran de-escalation weigh; ATR has expanded to ~220 pips, so ranges are wide.

Support: 59.65

Resistance: 60.00

What it said to watch

  • Failure to hold 59.65 confirms continuation lower
  • Reclaim of 60.00 psych needed to ease downside pressure
  • FOMC Minutes (Wed 18:00 UTC) is the near-term catalyst

19:17 UTC

Downtrend, accelerating · RSI 25 · price 59.661

Lower highs, lower lows; fresh break below 60.00.

NY session sold off hard, slicing the 60.00 psych pivot and printing 59.65 with RSI(14) oversold near 25. The metal has extended its correction after failing at the 60.99 prior range, and ATR has expanded sharply on the breakdown.

Support: 59.65

Resistance: 60.00, 60.99

What it said to watch

  • Reclaim of 60.00 would neutralise the breakdown; failure to hold 59.65 confirms continuation lower
  • FOMC Minutes tomorrow (Jul 8, 18:00 UTC) could materially shift this read

19:03 UTC

Downtrend, extending lower · RSI 34 · price 60.339

Lower highs, range break to the downside.

Silver broke below the 60.60-61.05 NY-session range and slid into the $60.00 psych zone, printing a fresh low at 60.34 on the last bar. RSI(14) near 34 with price capped under a chain of lower highs; sellers pressing the 60.30 swing low.

Support: 60.30, 60.00

Resistance: 61.05

What it said to watch

  • Close below 60.00 psych opens the $56.61 area flagged in context
  • Reclaim of 61.05 range top would neutralize the breakdown
  • FOMC Minutes (Wed 18:00 UTC) is the next major catalyst for this read

19:03 UTC

Downtrend, extending lower · RSI 33 · price 60.339

Lower highs, lower lows; range low broken.

Silver broke below the 60.72–61.05 shelf that held through the NY afternoon, printing a fresh session low at 60.34 with RSI(14) near 33. The metal is pressing the 60.30 area flagged as the last support before the 60.00 psychological pivot.

Support: 60.30, 60.00

Resistance: 61.00, 61.45

What it said to watch

  • A close back above 61.00 would negate the range-break and put 61.45 back in play
  • Failure to hold 60.30 exposes the 60.00 psych level
  • FOMC Minutes tomorrow (18:00 UTC) is the near-term catalyst that could reset this read

18:47 UTC

Downtrend, correcting into range · RSI 46 · price 60.875

Range at lows after sell-off and failed bounce.

Silver sold from 62.20 to a 60.30 session low, rebounded to 61.85, then faded back below 61.00 as a firmer USD offset the dovish payrolls read. Now pinned in a 60.60–61.05 range near the 61.8% retracement of that bounce, RSI mid-40s; recent highs are stepping lower.

Support: 60.60, 60.30

Resistance: 61.05, 61.45, 61.85

What it said to watch

  • M15 close above 61.05 opens the path to the 61.45 reclaim zone
  • Break of 60.60 then 60.30 resumes the downtrend toward the 60.00 psych pivot
  • FOMC Minutes Wed 18:00 UTC is the near-term catalyst that could reset this range

18:47 UTC

Downtrend, now consolidating · RSI 45 · price 60.875

Chain of lower highs, base building near $60.80.

Silver sold from the $62.34 area down to a $60.30 session low earlier, then stabilised into a $60.60–$61.06 range as the post-NFP rally unwound and a firmer USD capped upside. Price is pinned just below EMA20/EMA50 with RSI(14) mid-40s; lower highs at $61.85 and $61.36 keep the near-term tilt heavy.

Support: 60.72, 60.30, 60.00

Resistance: 61.06, 61.36, 61.85

What it said to watch

  • Close below 60.72 exposes the 60.30 session low and 60.00 psych level
  • Reclaim of the 61.06 recent high needed to challenge the 61.36 swing high
  • FOMC Minutes (Wed 18:00 UTC) could materially shift this read

18:32 UTC

Downtrend stalling, ranging · RSI 44 · price 60.881

Consolidating 60.45–61.06 after NY selloff.

Silver broke below $61 into the NY session, tagging 60.31 before recovering into a tight 60.45–61.06 range now capped by a chain of lower highs. Price is retracing near the 61.8% level of the 60.31→61.85 bounce, holding below both EMAs with RSI in the mid-40s — no directional resolution yet.

Support: 60.45, 60.00

Resistance: 61.06, 61.45

What it said to watch

  • M15 close below 60.45 confirms a lower-low and opens the 60.00 psych level
  • Reclaim of the 61.06 range top needed to challenge the 61.45 prior high

18:32 UTC

Downtrend, base building · RSI 43 · price 60.881

Consolidating above session low after slide.

Silver slid from 62.34 through the session to a 60.31 low, then stabilised in a 60.60–61.05 band as the USD firmed on Hormuz safe-haven flow. Price is pinned just under 61.00 with RSI(14) mid-range; no directional break in play.

Support: 60.60, 60.30, 60.00

Resistance: 61.05, 61.45

What it said to watch

  • M15 close below 60.60 exposes 60.30 then the 60.00 psych level
  • Reclaim of 61.05 range top needed to challenge 61.45
  • FOMC Minutes ahead could shift this range read

18:17 UTC

Downtrend, momentum flattening · RSI 45 · price 60.923

Lower highs into a 60.60–61.05 micro-range.

Silver bled from the 61.85 session high down to 60.30, then bounced and has been pinned in a 60.60–61.05 micro-range as it slid back below $61 into the FOMC minutes window. Lower highs persist and price sits just under EMA20/EMA50 with RSI mid-range around 45 — no directional resolution yet.

Support: 60.60, 60.30, 60.00

Resistance: 61.06, 61.85

What it said to watch

  • Close below 60.60 exposes the 60.30 session low, then 60.00 psych
  • Reclaim of 61.06 recent high needed to break the lower-high sequence
  • FOMC minutes (Wed 18:00 UTC) is the near-term catalyst that could shift this read

18:17 UTC

Downtrend, consolidating · RSI 45 · price 60.923

Range after fade from swing high.

Silver swept the session low at 60.30 during NY hours, snapped back to 61.72, then faded into a tight 60.73–61.06 range. Structure stays heavy below EMA20/50 with RSI(14) mid-range, and price is coiling just under the 0.618 retracement of the intraday bounce ahead of Wed's FOMC Minutes.

Support: 60.62, 60.30, 60.00

Resistance: 61.06, 61.37, 61.72

What it said to watch

  • M15 close above 61.06 range top opens 61.37/61.72
  • Loss of 60.62 exposes session low 60.30 then 60.00 psych
  • FOMC Minutes Wed 18:00 UTC could break this range

18:03 UTC

Downtrend, correction stalling · RSI 54 · price 61.007

Consolidating above 61.00 after NY leg lower.

Silver slid through the NY session to a low at 60.45 before buyers reclaimed the 61.00 handle, RSI(14) recovering to mid-range. Now pinned in a 60.60–61.05 band, capped below the 61.36 swing high, into tomorrow's FOMC Minutes.

Support: 60.62, 60.45, 60.00

Resistance: 61.05, 61.36

What it said to watch

  • Loss of 60.45 session low opens the 60.00 psych level
  • Reclaim of 61.36 swing high needed to shift the intraday structure
  • FOMC Minutes Wed 18:00 UTC could materially shift this read

18:03 UTC

Downtrend easing into consolidation · RSI 48 · price 61.007

Basing near 60.30, ranging 60.6-61.1.

Silver slid below $61 through the session as a firmer USD and US-Iran de-escalation capped the post-NFP rebound, bottoming at 60.30 before recovering. Now boxed between 60.63 and the 61.20 prior high, RSI(14) mid-range around 48 with no momentum edge into FOMC Minutes.

Support: 60.63, 60.30, 60.00

Resistance: 61.20, 61.45

What it said to watch

  • FOMC Minutes Wed 18:00 UTC could materially shift this read
  • Close above 61.20 opens the 61.45 supply zone
  • Loss of 60.63 exposes the 60.30 session low and 60.00 psych pivot

17:47 UTC

Downtrend, momentum flattening · RSI 46 · price 60.965

Consolidating in low 60s after leg down.

Silver bled from the 62.3 area toward 60.45 through the NY session, then flattened into a 60.60–61.10 range as US-Iran de-escalation and a firmer USD offset fading Fed-hike bets. Price is pinned just under 61.00 and the EMA20 with RSI(14) mid-range, no directional impulse in the last few hours.

Support: 60.60, 60.454, 60.00

Resistance: 61.10, 61.45

What it said to watch

  • Break of 60.60/60.454 exposes the 60.00 psych pivot
  • Reclaim of 61.10 then 61.45 needed to revive upside
  • FOMC Minutes Wed 18:00 UTC could materially shift this read

17:47 UTC

Downtrend, stalling near range floor · RSI 46 · price 60.965

Lower highs off 61.85, consolidating 60.6-61.0.

Silver bled from 61.85 to a 60.45 low through the NY session, now pinned in a tight 60.6-61.0 band as it holds above the $60 pivot flagged in the digest. RSI(14) is mid-range at 46 with price hugging EMA20 but capped under EMA50; no directional break yet.

Support: 60.60, 60.30, 60.00

Resistance: 61.06

What it said to watch

  • M15 close below 60.60 exposes the 60.30 swing low and 60.00 psych level
  • Reclaim of 61.06 would break the recent lower-high sequence
  • FOMC Minutes (Wed 18:00 UTC) is the next major catalyst for this read

17:32 UTC

Downtrend, momentum stalling · RSI 46 · price 60.991

Consolidation above session low after sell-off.

XAG rolled over from the 62.34 early high to a 60.30 session low, then chopped sideways through NY afternoon and now sits at 60.99. Buyers stepped in near 60.45–60.62 on the last leg down, but 61.45 continues to cap rebounds and RSI(14) is stuck mid-40s.

Support: 60.62, 60.30, 60.00

Resistance: 61.45

What it said to watch

  • Loss of 60.30 session low exposes the 60.00 psych level
  • M15 close back above 61.45 key level would neutralise the downtrend read
  • FOMC Minutes tomorrow (18:00 GMT) is the next major catalyst for this pair

17:32 UTC

Downtrend, consolidating · RSI 47 · price 60.991

Leg lower stalled, ranging 60.60–61.05.

Silver bled from 62.34 to 60.30 through the London-NY sessions before basing, now consolidating 60.60–61.05 in the NY afternoon with RSI(14) neutral near 47. The four-day rebound has clearly stalled below the SMAs; buyers stepped in twice around 60.45–60.62 while 61.45 caps the recovery.

Support: 60.62, 60.30, 60.00

Resistance: 61.45, 61.85

What it said to watch

  • Close above 61.45 opens a re-test of the 61.85 session high
  • Loss of 60.30 exposes the 60.00 psych level
  • FOMC Minutes Wed 18:00 GMT could materially shift this read

17:17 UTC

Downtrend, momentum easing · RSI 41 · price 60.749

Lower highs, drifting into 60.60 support.

Silver rolled over through the NY session after failing at 61.85, printing a chain of lower highs back to 60.75 with RSI(14) mid-40s. Supply capped the 60.99 bounce; price now hovering just above the 60.60 recent low with the 60.30 session low below.

Support: 60.60, 60.45, 60.30

Resistance: 60.99, 61.20, 61.45

What it said to watch

  • M15 close below 60.60 exposes the 60.45 swing low then 60.30
  • Reclaim of 60.99 needed to challenge the 61.20/61.45 caps
  • FOMC Minutes (Wed 18:00 GMT) is the next major catalyst for this read

17:17 UTC

Downtrend, near session lows · RSI 40 · price 60.749

Lower highs, price grinding into 60.75 support shelf.

Silver rolled over through NY hours, rejected at 61.85 and grinding back toward the 60.75 shelf with 60.30 the session low below. Move stalled after last week's NFP-driven rebound; RSI(14) sits mid-range near 40 with no oversold extreme yet.

Support: 60.30, 60.00

Resistance: 61.45, 61.85

What it said to watch

  • M15 close below 60.30 confirms a fresh lower low toward 60.00 psych level
  • Reclaim of 61.45 needed to unwind the lower-high sequence
  • FOMC Minutes Wed 18:00 GMT could materially shift this read

17:04 UTC

Downtrend, bounce stalling · RSI 46 · price 60.949

Lower highs into session low, now consolidating.

M15 has been grinding lower through the NY session after the early rejection near 62.34, printing lower highs down to a 60.45 session low. Price is consolidating around 60.95, capped below 61.45 with the four-day rebound off last week's NFP clearly stalled.

Support: 60.45, 60.30, 60.00

Resistance: 61.45, 61.85

What it said to watch

  • M15 close above 61.45 would negate the lower-high sequence and re-open the 61.85 swing
  • Loss of 60.30 confirms a fresh lower-low and exposes the 60.00 psych level
  • FOMC Minutes Wed 18:00 GMT could materially shift this read

17:04 UTC

Downtrend, momentum easing · RSI 44 · price 60.949

Lower highs / lower lows, now consolidating.

Silver rolled over through the NY session, shedding ~1.8% from the 61.85 session high to tag 60.45, and is now consolidating around 60.95 below EMA20/EMA50. RSI(14) sits mid-range near 44 after the sell-off, no reversal signal yet; the four-day rebound has clearly stalled below key SMAs.

Support: 60.454, 60.30, 60.00

Resistance: 61.45, 61.85

What it said to watch

  • M15 close below 60.45 confirms a lower low, exposing 60.30 then 60.00
  • Reclaim of 61.45 needed to shift the intraday structure back up
  • FOMC Minutes Wed 18:00 GMT is the key catalyst that could break this consolidation

16:47 UTC

Downtrend, lower highs stacking · RSI 43 · price 60.831

Lower highs / lower lows after failed rebound to 61.85.

Silver is grinding lower through the NY session, printing lower highs since the 61.85 spike was rejected earlier and slipping back under both EMAs. Bounce off the 60.45 session low has stalled at 60.99; price sits mid-range with RSI(14) around 43, consistent with the stalled four-day rebound flagged in the macro read.

Support: 60.45, 60.30, 60.00

Resistance: 60.99, 61.31, 61.85

What it said to watch

  • M15 close back above 60.99 recent high needed to challenge the 61.31 swing high
  • Loss of 60.45 session low exposes 60.30 prior low then 60.00 psych
  • FOMC Minutes Wed 18:00 GMT could materially shift this read

16:47 UTC

Downtrend, momentum easing near lows · RSI 43 · price 60.831

Lower highs, lower lows since the 62.34 session peak.

Silver rolled over through the NY session, grinding down from the 62.34 high to a 60.31 low as the four-day rebound stalled below key SMAs. Buyers stepped in twice near 60.45–60.30 but the 60.99 area is capping the bounce, keeping the near-term structure lower.

Support: 60.45, 60.30

Resistance: 60.99

What it said to watch

  • M15 close back above 60.99 would challenge the lower-high sequence
  • Loss of 60.30 confirms the next leg down toward 60.00
  • FOMC Minutes Wed 18:00 GMT could materially shift this read

16:32 UTC

Downtrend, bouncing off lows · RSI 43 · price 60.943

Lower highs into a session low, recent higher low forming.

Silver rolled over through the NY session, printing a session low at 60.45 before a modest bounce to 60.96, trailing back to 60.94 at the close. Price sits below EMA20 and EMA50 with RSI mid-range near 43 — momentum still with the downside after last week's NFP-driven rebound stalled below the key SMAs.

Support: 60.454, 60.307, 60.00

Resistance: 61.45, 61.846

What it said to watch

  • Loss of 60.45 exposes the 60.30 swing low then the 60.00 psych level
  • M15 close above 61.45 pivot would ease downside pressure toward 61.85
  • FOMC Minutes tomorrow (18:00 GMT) a materially larger catalyst than the current intraday structure

16:32 UTC

Downtrend, bouncing off lows · RSI 46 · price 60.943

Lower highs/lows, corrective bounce in play.

XAG sold off through the NY session, printing a low at 60.45 before a modest bounce to 60.94 — the four-day rebound has stalled below the SMAs per the broader read. Price holds under EMA20/50 with RSI near 46, momentum still with the downside as 60.30/60.00 sit in view.

Support: 60.454, 60.30, 60.00

Resistance: 61.45

What it said to watch

  • M15 close back above 61.45 would neutralise the lower-high structure
  • Loss of 60.45 then 60.30 confirms continuation toward 60.00
  • FOMC Minutes tomorrow 18:00 GMT is the next major catalyst for this read

16:17 UTC

Downtrend, lower highs · RSI 44 · price 60.854

Rolling over, capped below SMAs.

Silver rolling over through the NY session, four-day rebound stalled with supply capping the 61.85 swing high before price faded back to 60.85. Sequence of lower highs since the 62.34 top; 60.45/60.30 session support in play ahead of tomorrow's FOMC Minutes.

Support: 60.45, 60.30, 60.00

Resistance: 61.45, 61.85

What it said to watch

  • M15 close below 60.30 confirms continuation toward 60.00
  • Reclaim of 61.45 negates the lower-high sequence
  • FOMC Minutes Wed 18:00 GMT could materially shift this read

16:17 UTC

Downtrend, lower highs · RSI 43 · price 60.854

Series of lower highs and lower lows.

XAG ground lower through the NY session, carving lower highs after rejection at 61.85; RSI(14) soft in the low-40s. Buyers stepped in at 60.45 on the latest push down, holding above the 60.30 support flagged into FOMC Minutes.

Support: 60.454, 60.30, 60.00

Resistance: 61.45, 61.85

What it said to watch

  • M15 close below 60.45 exposes 60.30 then the 60.00 psych level
  • reclaim of 61.45 needed to break the lower-high sequence
  • FOMC Minutes Wed 18:00 GMT is the next major catalyst for this read

16:03 UTC

Downtrend, momentum with sellers · RSI 35 · price 60.627

Lower highs since 61.85 spike, back toward session lows.

Silver rolled over through the NY afternoon, printing lower highs off the 61.85 spike and grinding back to 60.63 just above the 60.45 session low, RSI(14) near 35. Price sits below EMA20/EMA50 with the 60.30 support and 60.00 psych level the next reference points into FOMC Minutes.

Support: 60.454, 60.30, 60.00

Resistance: 60.98

What it said to watch

  • Loss of 60.30 support opens the 60.00 psych level
  • M15 close above 60.98 breaks the lower-high chain
  • FOMC Minutes Wed 18:00 GMT could materially shift this read

16:03 UTC

Downtrend, momentum accelerating · RSI 37 · price 60.627

Lower highs, lower lows into session low.

Silver rolled over through the NY session after the spike to 61.846 was rejected, and price is now grinding back toward the session low at 60.454 with RSI(14) near 37. The four-day rebound has clearly stalled, leaving structure a chain of lower highs and lower lows.

Support: 60.454, 60.307, 60.00

Resistance: 61.10, 61.846

What it said to watch

  • M15 close below 60.30 exposes the 60.00 psych level
  • Reclaim of 61.10 needed to negate the lower-high sequence
  • FOMC Minutes Wed 18:00 GMT could materially shift this read

15:47 UTC

Downtrend, lower highs into session low · RSI 39 · price 60.795

Descending lower highs, testing intraday base.

Silver has sold off through the NY session, printing lower highs from the 61.85 spike and grinding back to the 60.62 session low, with price now hugging 60.80. RSI(14) near 38 reflects the momentum tilt to sellers but is not yet stretched; the four-day rebound has clearly stalled below the SMAs per the broader read.

Support: 60.62, 60.30, 60.00

Resistance: 61.10, 61.85

What it said to watch

  • M15 close below 60.62 opens 60.30 then 60.00
  • reclaim of 61.10 would break the descending lower-high sequence
  • FOMC Minutes tomorrow 18:00 GMT is the nearest high-impact catalyst

15:47 UTC

Downtrend, bounce failed · RSI 41 · price 60.795

Lower highs into recent range low.

Silver rolled over through the NY session, fading the 61.85 bounce and printing lower highs back toward the 60.62 recent low with price under EMA20/50 and RSI(14) sub-45. The four-day rebound has stalled below key SMAs; FOMC Minutes Wed is the next catalyst.

Support: 60.62, 60.30, 60.00

Resistance: 61.10, 61.45, 61.85

What it said to watch

  • M15 close below 60.62 opens 60.30 then 60.00
  • Reclaim of 61.10 needed to re-challenge the 61.45 pivot
  • FOMC Minutes Wed 18:00 GMT could materially shift this read

15:32 UTC

Downtrend, pressing session lows · RSI 42 · price 60.751

Lower highs, lower lows into 60.62.

Silver extended its correction through the NY session, printing lower highs after the spike to 61.85 was rejected and now grinding on the 60.62 session low. RSI(14) near 41, no oversold signal yet, price pinned below EMA20/50 as the metal drifts toward the $60 area ahead of the FOMC minutes.

Support: 60.62, 60.30, 60.00

Resistance: 61.10, 61.85

What it said to watch

  • Close below 60.62 confirms a lower-low and opens 60.30 then 60.00 psych
  • Reclaim of 61.10 swing needed to stall the lower-high sequence
  • FOMC minutes tomorrow could materially shift this read

15:32 UTC

Downtrend, rolling over below 61.00 · RSI 42 · price 60.751

Lower highs after failed push to 61.85.

NY session pushed silver to 61.85 then rejected sharply back below 61.00, printing lower highs into 60.75. RSI(14) sits in the low 40s and price trades under both EMAs, keeping the intraday tilt lower as the metal drifts toward the 60.30 session-low zone.

Support: 60.621, 60.307, 60.00

Resistance: 61.00, 61.846

What it said to watch

  • Loss of 60.621 exposes 60.307 then the 60.00 psych level
  • M15 close back above 61.00 negates the lower-high sequence
  • FOMC minutes tomorrow 18:00 UTC is the next catalyst

15:17 UTC

Downtrend, lower highs · RSI 42 · price 60.705

Descending highs, retesting session lows.

Silver ground lower through the NY session, printing lower highs off the 62.34 peak; the bounce to 61.85 was rejected and price is back retesting the 60.64 area. RSI(14) mid-40s and ATR near 370 pips, consistent with the broad correction below $61 into Wednesday's FOMC minutes.

Support: 60.64, 60.30, 60.00

Resistance: 61.30, 61.85

What it said to watch

  • Loss of 60.30 session low opens the 60.00 psych level
  • Reclaim of 61.30 needed to break the lower-high sequence
  • FOMC minutes Wed 18:00 UTC is the next major catalyst for this read

15:17 UTC

Downtrend, lower highs · RSI 42 · price 60.705

Rejected off intraday spike high, drifting to session lows.

Silver spiked to 61.85 during NY hours then got rejected, unwinding the whole leg back toward the 60.70 area as it pares last week's NFP-driven rally. Price sits below EMA20/50 with RSI(14) near 42, session lows at 60.30 the next reference.

Support: 60.30, 60.00

Resistance: 61.45, 61.85

What it said to watch

  • Loss of 60.30 session low exposes the 60.00 psych pivot
  • Reclaim of 61.45 prior high would neutralise the intraday downtrend read
  • FOMC minutes Wed 18:00 UTC is the nearest catalyst that could reset this read

15:03 UTC

Downtrend, drifting sub-61 · RSI 41 · price 60.879

Lower highs after rejection off 61.85.

Silver spiked to 61.85 during the NY session then got rejected, sliding back to 60.88 and giving up the whole leg. Price sits below the 61.00 pivot with RSI(14) near 41; the sub-61 grind flagged in the macro read remains intact.

Support: 60.307, 60.00

Resistance: 61.00, 61.45, 61.846

What it said to watch

  • Reclaim of the 61.00 pivot needed to challenge 61.45
  • Loss of 60.30 session low exposes the 60.00 psych level
  • FOMC Minutes Wed 18:00 UTC is the next major catalyst for this read

15:03 UTC

Downtrend, consolidating sub-61 · RSI 44 · price 60.879

Lower highs, holding above session low.

NY-session spike to 61.85 was rejected, price sliding back to 60.88 as the metal stays capped sub-61 on a firmer USD. Sub-61 grind intact with 60.64 session low the pivot; RSI(14) cooling near 43.

Support: 60.64, 60.30

Resistance: 61.45, 61.85

What it said to watch

  • Loss of 60.64 session low opens the 60.30 range low
  • Reclaim of 61.45 pivot needed to challenge the 61.85 swing high
  • FOMC Minutes Wed 18:00 UTC could reset this range

14:47 UTC

Downtrend, sub-61 grind · RSI 44 · price 60.975

Lower highs, capped below 61.00 pivot.

NY session spiked to 61.846 and was rejected sharply, silver slipping back below the 61.00 pivot to close near 60.975 with RSI(14) in the mid-40s. Price is holding above the 60.64 session low but the sub-61 grind and lower-high structure remain intact.

Support: 60.641, 60.307

Resistance: 61.00, 61.846

What it said to watch

  • M15 close back above 61.00 would negate the sub-61 rejection read
  • Loss of 60.64 session low exposes the 60.30 prior low
  • FOMC Minutes Wed 18:00 UTC is the larger catalyst for this range

14:47 UTC

Downtrend, choppy bounce · RSI 45 · price 60.975

Lower highs, ranging 60.30-61.85.

Silver grinding below the 61.00 pivot in an intact M15 downtrend, having failed the 61.85 swing high before sliding to 60.64. Price now stalls near 60.98 with RSI(14) mid-range; the 60.30 session low remains the key downside marker into FOMC Minutes.

Support: 60.641, 60.307

Resistance: 61.45, 61.846

What it said to watch

  • Reclaim of 61.45 pivot needed to shift the downtrend read
  • Loss of 60.30 session low opens lower ground
  • FOMC Minutes Wed 18:00 UTC could materially shift this read

14:32 UTC

Choppy, capped below 61.85 · RSI 46 · price 61.012

Two-way, ranging after spike rejection.

NY session spiked to 61.85 then rejected sharply, dragging price back below the 61.00 psych pivot. Grind persists inside the 60.60–61.85 band with buyers having stepped in twice near 60.30 earlier; the recent push above 61.72 failed to hold.

Support: 61.00, 60.634, 60.307

Resistance: 61.72, 61.85

What it said to watch

  • Loss of the 61.00 pivot exposes the 60.64 swing low then 60.30 session low
  • Reclaim of 61.72 needed to retest the 61.85 spike high
  • FOMC Minutes Wed 18:00 UTC could materially shift this read

14:32 UTC

Downtrend, bounce fading · RSI 43 · price 61.012

Session low bounce rejected at 61.85, back to 61.00 pivot.

Silver drifted from 62.30 down to the 60.30 session low, then bounced hard into a spike to 61.85 that was quickly rejected, dumping back to the $61.00 pivot where it sits now. RSI(14) cooling near 43, price back below EMA20/50. FOMC Minutes tomorrow is the next catalyst.

Support: 61.00, 60.30

Resistance: 61.45, 61.85

What it said to watch

  • Loss of 61.00 pivot re-exposes the 60.30 session low
  • Reclaim of 61.45 needed to challenge the 61.85 session high
  • FOMC Minutes Wed 18:00 UTC could materially shift this read

14:17 UTC

Downtrend, corrective bounce stalling · RSI 46 · price 61.134

Recovered off 60.30 low, rejected at 61.85.

NY session spiked to 61.85 twice and was rejected, unwinding to 61.13 as the four-day bounce stalls with a firmer USD capping the Hormuz-led oil bid. Price is back below EMA20, capped under the 61.72 prior high on retests; RSI(14) near 46 after recovering off the 60.30 session low.

Support: 60.63, 60.30

Resistance: 61.72, 61.85

What it said to watch

  • Loss of 60.63 reopens the 60.30 session low
  • M15 close above 61.85 negates the rejection
  • FOMC Minutes (Wed) is the next major catalyst for silver

14:17 UTC

Choppy, recovered off session lows · RSI 49 · price 61.134

Range with a rejected spike high.

NY session spiked to 61.85 then was rejected straight back to 61.13, a false break of the recent range top. Price now hovers below the 61.45 pivot after recovering off the 60.31 session low; RSI(14) neutral near 49.

Support: 61.00, 60.31, 60.00

Resistance: 61.45, 61.72, 61.846

What it said to watch

  • Loss of 61.00 reopens 60.31 session low then 60.00
  • Close back above 61.45 pivot needed to re-challenge 61.72/61.85
  • FOMC Minutes Wed 18:00 UTC could materially shift this read

14:03 UTC

Recovering off day low, momentum stalling · RSI 51 · price 61.375

Bounce within broader downtrend, higher lows since 60.30.

Silver bounced off the 60.30 day low through NY hours and spiked to 61.85, a false break of the 61.72 swing high, before rejecting sharply back to 61.31. Sits at 61.375 with the four-day rebound stalling; digest keeps structure bearish below major SMAs into FOMC Minutes.

Support: 61.19, 60.60, 60.30

Resistance: 61.72, 61.85

What it said to watch

  • Loss of 61.19 swing low reopens 60.60 then the 60.30 day low
  • Reclaim and hold of the 61.85 spike high needed to extend the bounce
  • 61.45 pivot per digest — sustained break below signals which way the range breaks

14:03 UTC

Recovery within broader downtrend, momentum flattening · RSI 51 · price 61.375

Rebound off session low, rejected below 61.85.

Silver rebounded off the 60.30 session low toward 61.85 through the London-NY window, where sellers rejected the move and dragged price back to 61.37. The bounce ties to a stalled post-NFP correction with a firmer USD capping upside; RSI(14) has cooled back to neutral near 51.

Support: 61.19, 60.70, 60.30

Resistance: 61.85, 62.00

What it said to watch

  • M15 close below 61.19 confirms a lower low and reopens 60.70 / 60.30
  • Reclaim of 61.85 needed to extend the recovery toward 62.00
  • FOMC Minutes Wed 18:00 UTC is the key near-term catalyst for this read

13:47 UTC

Intraday recovery off session low · RSI 61 · price 61.785

Rounded base, higher lows into NY session.

Silver based around 60.30–60.90 through the London-NY transition, then rallied hard into the NY session to reclaim the 61.45 pivot, printing a session high at 61.85. RSI(14) has swung up near 60 off the base; the four-day rebound theme from the soft NFP is showing again after the earlier slide toward $60.

Support: 61.45

Resistance: 61.85

What it said to watch

  • M15 close below 61.45 pivot reopens the 60.30 session low
  • Rejection at 61.85 session high caps the recovery
  • FOMC Minutes Wed 18:00 UTC could materially shift this read

13:32 UTC

Downtrend, recovery stalling · RSI 49 · price 61.195

Rebound off session low, pulling back from session high.

XAGUSD sold off through Asian and early London hours to a session low of 60.30 as oil firmed, then recovered to 61.72 into the NY session. Price is now pulling back to 61.20 after rejection at the session high, RSI(14) neutral near 49.

Support: 61.00, 60.30

Resistance: 61.72

What it said to watch

  • M15 close below 61.00 re-exposes the 60.30 session low
  • Reclaim of 61.72 session high needed to resume the recovery
  • FOMC Minutes (Wed 18:00 UTC) is the nearest catalyst and could reset this read

13:32 UTC

Recovery bounce stalling · RSI 49 · price 61.195

Higher lows off 60.30, pullback from session high.

Silver carved a recovery off the 60.30 session low as oil found a bid, tagging 61.72 into NY before rejecting and fading back to 61.19. RSI(14) has cooled to ~49 as the bounce loses steam; price still holds above EMA20/50.

Support: 61.00, 60.70, 60.30

Resistance: 61.72, 62.00

What it said to watch

  • Break below 61.00 exposes 60.70 then the 60.30 session low
  • Reclaim of 61.72 revives the recovery leg toward 62.00
  • FOMC Minutes Wed 18:00 UTC could materially shift this read

13:17 UTC

Recovery off session low, momentum stalling · RSI 53 · price 61.344

Higher lows since 60.30, rejected at 61.72.

NY-session bounce off the 60.30 swing low built a chain of higher lows into 61.72, where price was rejected and is now easing back to 61.34 as XAG corrects the post-NFP rebound. RSI(14) cooling near 53 after the push; the 61.45 pivot sits just overhead as the immediate hurdle.

Support: 61.10, 60.70, 60.30

Resistance: 61.45, 61.72, 62.05

What it said to watch

  • Close above 61.72 session high extends the recovery toward 62.05 prior high
  • Break below 61.10 swing low reopens 60.70 session low then 60.30
  • FOMC Minutes Wed 18:00 UTC is the nearest catalyst that could shift this read

13:04 UTC

Recovery off session lows · RSI 58 · price 61.51

Higher lows since 60.30 base, rebound stalling near 61.7.

XAG carved a base near 60.30–60.63 through the session and rallied back to 61.72 into NY hours, now easing to 61.51 with RSI recovering above 50. The bounce fits the digest read of a rebound stalling near $61 as an oil-driven safe-haven bid caps precious metals ahead of FOMC minutes.

Support: 60.63, 60.30, 60.00

Resistance: 61.72, 62.00

What it said to watch

  • M15 close above 61.72 opens the path to the 62.00 psych level
  • Loss of 60.63 session low reopens 60.30 and the 60.00 pivot
  • FOMC minutes Wed 18:00 UTC could materially shift this read

13:04 UTC

Recovering off session lows · RSI 57 · price 61.51

Higher low off 60.30, bounce stalling near 61.72.

Silver bounced from the session low near 60.30 through the London-NY window, reclaiming 61.50 with RSI recovering to the high-50s. The push to 61.72 was rejected and price is pulling back; structure holds a higher low above 60.63.

Support: 60.94, 60.63, 60.30

Resistance: 61.72, 62.00

What it said to watch

  • M15 close above 61.72 opens the path to 62.00
  • Loss of 60.94 threatens the higher-low, exposing 60.63/60.30
  • 60.00 pivot from context remains the deeper structural line

12:47 UTC

Recovery off lows, momentum stalling · RSI 52 · price 61.378

Based at 60.30, rejected at 61.72.

Silver based at the 60.30 session low during London hours and pushed to 61.72 before a sharp rejection dropped it back to 61.36. The recovery leg has stalled just under 61.72; RSI(14) flattening near 52 confirms fading momentum ahead of tomorrow's FOMC minutes.

Support: 61.00, 60.63, 60.30

Resistance: 61.72, 62.00

What it said to watch

  • M15 close above 61.72 session high opens the path to 62.00 psych
  • Failure to hold 61.00 round reopens the 60.63 swing low and 60.30 session low
  • FOMC minutes Wed 18:00 UTC could materially shift this read

12:47 UTC

Recovering off session lows, momentum cooling · RSI 56 · price 61.378

Range base at 60.70 broken higher, pullback underway.

NY session pushed off the 60.30 session low, broke the 60.70–61.10 range and tagged 61.72 before pulling back to 61.38. Buyers stepped in twice near 60.60 during the London-NY transition; silver's rebound is stalling near $61 per the macro read, with FOMC minutes the next major catalyst.

Support: 61.10, 60.70, 60.30

Resistance: 61.72

What it said to watch

  • Hold above 61.10 keeps the recovery intact
  • Loss of 60.70 reopens the 60.30 session low
  • FOMC minutes Wed 18:00 UTC could materially shift this read

12:32 UTC

Downtrend, corrective bounce off lows · RSI 64 · price 61.683

Range base broken upward, higher lows building.

Silver based between 60.30 and 60.70 through the London morning, then broke higher into the NY approach, printing 61.72 and reclaiming both EMAs; RSI(14) firm near 63 without stretching. The move retraces this session's slide from 62.30 that unwound part of the post-NFP bounce, with the 61.45 pivot now flipping to support.

Support: 61.45, 60.70, 60.30

Resistance: 61.72, 62.00

What it said to watch

  • Loss of 61.45 pivot re-opens the 60.70 session low
  • M15 close above 61.72 extends the recovery toward 62.00
  • FOMC Minutes Wed 18:00 UTC is the key catalyst and could reset this read

12:17 UTC

Recovery leg, higher lows · RSI 64 · price 61.684

Bounce off session low, breaking recent consolidation.

XAG swept the 60.30 session low then reversed, printing higher lows into a break above the 61.10-61.20 consolidation; the last leg ran to 61.70 during NY hours. RSI(14) near 64 — firm but not stretched — as the move unwinds part of the earlier drop from 62.34.

Support: 61.10, 60.63, 60.30

Resistance: 62.02, 62.34

What it said to watch

  • M15 close above 62.02 opens the path back toward the 62.34 swing high
  • Loss of the 60.63 higher low reopens the 60.30 session low
  • US ADP 4-wk average (12:15 UTC) could shift USD and this read

12:03 UTC

Downtrend, bouncing off session low · RSI 61 · price 61.387

Recovery from 60.30 base, higher lows building.

XAG carved a base near the 60.30 session low through NY hours and has rallied ~1.7% to test the 61.45 pivot, part of the broader unwind toward $61 flagged in the macro read. RSI(14) has recovered to ~61 as price cleared its EMA20/50 stack; 61.45 is the immediate cap to watch for rejection or break.

Support: 60.70, 60.30

Resistance: 61.45, 61.67, 62.00

What it said to watch

  • Close above 61.45 pivot opens 61.67 then 62.00
  • Failure to hold 60.70 base re-exposes the 60.30 session low
  • ADP 4-wk average at 12:15 UTC could jolt USD and this read

12:03 UTC

Intraday downtrend, recovering off lows · RSI 57 · price 61.387

Base built above 60.30, breaking higher into NY.

XAG slid from ~62.34 to a 60.31 session low as a firmer USD unwound the post-NFP bounce, then based around 60.70 through the London-NY transition. Last three bars broke higher to 61.39, retracing ~50% of the drop and pressing the 61.45 pivot.

Support: 60.70, 60.31

Resistance: 61.45, 62.02

What it said to watch

  • M15 close above 61.45 pivot opens the path toward 62.00
  • Failure to hold 60.70 re-exposes the 60.31 session low
  • US ADP 4-week average (12:15 UTC) could jolt USD and this read

11:47 UTC

Downtrend, correcting higher · RSI 53 · price 61.137

Based near 60.30, recovering into $61.

XAG slid through the London-NY hours to a 60.30 session low then based, and is now grinding back toward $61 during NY as the post-NFP unwind stalls. Price has reclaimed the EMA20 but sits below the EMA50, with 61.28 the intraday cap and 61.45 the pivot above it.

Support: 60.30, 60.00

Resistance: 61.28, 61.45

What it said to watch

  • M15 close above 61.45 pivot would negate the corrective read
  • Loss of 60.30 session low reopens the 60.00 psych level
  • FOMC Minutes Wed 18:00 UTC could materially shift this read

11:47 UTC

Downtrend, basing near 61 · RSI 55 · price 61.137

Lower lows into 60.31, bounce stalling.

Silver unwound its post-NFP bounce all session, printing a low of 60.31 before buyers absorbed the drop and lifted price back to 61.14 on a firmer USD and Hormuz-driven oil bid. Price is basing between 60.63 and 61.28, holding above the EMA20 but capped under the 61.45 pivot; RSI(14) recovered to the mid-50s.

Support: 60.634, 60.307

Resistance: 61.45

What it said to watch

  • Close above 61.45 pivot invalidates the near-term downside pressure
  • Break below 60.63 confirms a fresh lower low toward 60.31
  • FOMC Minutes Wed 18:00 UTC is the key catalyst that could reset this read

11:32 UTC

Downtrend stalling into consolidation · RSI 46 · price 60.974

Post-selloff range between 60.63 and 61.27.

XAG faded its post-NFP bounce through the NY session, printing a 60.307 low before stabilising just under 61.00. Price is now chopping in a 60.63–61.27 range, holding around EMA20 but capped below EMA50 as a firmer USD weighs.

Support: 60.634, 60.307, 60.00

Resistance: 61.275

What it said to watch

  • Loss of 60.634 reopens the 60.307 swing low and the 60.00 psych level
  • M15 close above 61.275 negates the range and the near-term lower-high sequence
  • FOMC Minutes tomorrow 18:00 UTC is the key catalyst that could break this range

11:32 UTC

Downtrend, bouncing off lows · RSI 44 · price 60.974

Lower highs, lower lows into session low.

XAG ground lower through the NY session, tagging a 60.30 session low before buyers stepped in to lift it back to ~60.97, RSI(14) recovering from the low-30s. Firmer USD and a Hormuz-driven oil bid have kept the metal capped, and price still trades below EMA50 with lower highs intact.

Support: 60.634, 60.307, 60.00

Resistance: 61.256

What it said to watch

  • M15 close back above 61.256 bounce high needed to break the lower-high chain
  • Loss of 60.634 swing low re-exposes the 60.30 session low and 60.00 psych
  • FOMC Minutes (Wed 18:00 UTC) is the key catalyst that could reset this read

11:17 UTC

Downtrend, momentum intact · RSI 42 · price 60.721

Lower highs, lower lows.

XAG grinding lower toward $60, unwinding the post-NFP bounce as a firmer USD caps the metal into FOMC Minutes. Price sits below EMA20/50 in a stair-step decline, rejected at 60.98 and pressing fresh session lows near 60.63, RSI(14) mid-range with no bounce yet.

Support: 60.634, 60.307, 60.00

Resistance: 60.982

What it said to watch

  • Close back above 60.98 breaks the lower-high chain
  • Loss of 60.30 exposes the 60.00 psych level
  • Fed Bowman (11:00 UTC) and FOMC Minutes (Wed 18:00 UTC) could shift this read

11:17 UTC

Downtrend, lower highs intact · RSI 41 · price 60.721

Sequence of lower highs and lower lows, bounces sold.

XAG grinding lower through the NY session, unwinding its post-NFP bounce toward $60 as a firmer USD and the Hormuz oil bid weigh. Rallies to 61.27 then 61.10 were rejected, keeping the lower-high chain intact with RSI(14) mid-40s and no oversold signal.

Support: 60.307, 60.00

Resistance: 61.099, 61.275

What it said to watch

  • Break below 60.31 session low exposes the 60.00 psych level
  • Reclaim of 61.10 breaks the intraday lower-high chain
  • FOMC Minutes Wed 18:00 UTC is the key catalyst that could reshape this read

11:03 UTC

Downtrend, lower highs · RSI 40 · price 60.689

Descending, capped below 61.30.

XAG grinding lower through the NY session, unwinding its post-NFP bounce as a firmer USD caps the metal; price rejected 61.275 and is sliding back toward the 60.307 session low. Chain of lower highs intact, RSI(14) near 40 with no divergence.

Support: 60.307, 60.00

Resistance: 61.275

What it said to watch

  • Break below 60.307 exposes the 60.00 psych level
  • Reclaim of 61.275 needed to break the lower-high chain
  • Fed Bowman (11:00 UTC) and FOMC Minutes Wed 18:00 UTC could shift this read

11:03 UTC

Downtrend, grinding lower highs · RSI 42 · price 60.689

Series of lower highs, coiling above session low.

XAG unwound its post-NFP bounce through the NY session, sliding from 62.34 to a session low at 60.30 on a firmer USD before basing near 60.70. Price sits below both EMAs, capped by a descending sequence of lower highs; RSI(14) mid-40s, no extreme.

Support: 60.307, 60.00

Resistance: 61.10

What it said to watch

  • Close back above 61.10 breaks the lower-high chain
  • Failure to hold 60.30 exposes the 60.00 psych level
  • Fed Bowman (11:00 UTC) could inject near-term USD volatility

10:47 UTC

Downtrend, consolidating near lows · RSI 41 · price 60.887

Lower highs, lower lows; ranging above session low.

XAG slid from 62.30 to a session low at 60.307 through London, unwinding its post-NFP bounce as a firmer USD and Hormuz oil bid capped the metal. Price is now consolidating 60.74–61.09 below the swing high at 61.275, RSI(14) mid-40s.

Support: 60.545, 60.307, 60.00

Resistance: 61.275, 61.45

What it said to watch

  • Break below 60.545 exposes the 60.307 session low and 60.00 psych
  • Close above 61.275 swing high needed to challenge the 61.45 pivot
  • FOMC Minutes Wed 18:00 UTC and Bowman 11:00 UTC could shift this read

10:47 UTC

Downtrend, momentum easing near lows · RSI 43 · price 60.887

Lower highs, lower lows; basing above 60.75.

XAG sliding through the London session, down from 62 toward 60.90 as a firmer USD and Hormuz-driven oil bid weigh on silver. Price is basing between 60.75 and the 61.27 swing high after tagging a session low at 60.31; trades below EMA20/50 with RSI(14) mid-40s.

Support: 60.75, 60.31, 60.00

Resistance: 61.27, 61.45

What it said to watch

  • M15 close below 60.31 confirms a lower-low and exposes the 60.00 psych level
  • Reclaim of 61.45 pivot would neutralise the intraday downtrend
  • FOMC Minutes Wed 18:00 UTC could materially shift this read

10:32 UTC

Downtrend, basing near lows · RSI 47 · price 61.00

Correction off 62.34, higher lows forming above 60.30.

XAG unwound its post-NFP bounce through the session, sliding from 62.34 to a 60.30 swing low before buyers stepped in around 60.30–60.74 to build a base near 61.0. Now consolidating below the 61.45 pivot with RSI(14) mid-range; a firmer USD and Hormuz oil bid remain the drivers.

Support: 60.74, 60.30, 60.00

Resistance: 61.45

What it said to watch

  • M15 close above 61.45 pivot would reclaim the correction range
  • Break of 60.30 swing low exposes the 60.00 psych level
  • Fed Bowman speech (11:00 UTC) could shift this read; FOMC Minutes Wed 18:00 UTC is the key catalyst

10:32 UTC

Downtrend, momentum stalling · RSI 47 · price 61.00

Basing after lower lows near 61.00.

XAG unwound its earlier push to 62.34 and swept a session low at 60.31 during NY hours before basing around 61.00, in line with a firmer USD and rising oil capping the metal. Price is now chopping in a 60.80–61.25 range, RSI mid-40s, with the 61.45 pivot still the upside cap.

Support: 60.80, 60.31

Resistance: 61.25, 61.45

What it said to watch

  • Sustained M15 close above 61.45 pivot invalidates the base-and-fade read
  • Loss of 60.31 session low confirms continuation of lower lows
  • Fed Bowman speech (11:00 UTC) could jolt this range within the next bar

10:17 UTC

Downtrend, bounce stalling · RSI 44 · price 60.987

Lower highs, lower lows; consolidating below MAs.

XAG unwound from 62.34 to a 60.30 swing low through the London session as a firmer USD and rising oil capped the metal, then bounced to 61.25 before easing back near 61. Price is consolidating below EMA20/50 with RSI(14) mid-range around 44; downside structure intact.

Support: 60.30, 60.00

Resistance: 61.25, 61.45

What it said to watch

  • M15 close below 60.30 swing low opens the 60.00 psych level
  • Reclaim of 61.25 recent high needed to challenge the 61.45 pivot
  • Fed Bowman (11:00 UTC) could shift USD and this read

10:17 UTC

Downtrend, momentum flattening · RSI 47 · price 60.987

Lower highs, lower lows; consolidating above session low.

XAG has bled through the London session, unwinding the post-NFP bounce toward $61 on a firmer USD and Hormuz-driven oil bid. Sellers drove a session low of 60.31 before a bounce stalled at 61.25; price now chops between 60.74 and 61.00 with RSI near 47.

Support: 60.60, 60.31, 60.00

Resistance: 61.25, 61.45

What it said to watch

  • Close below 60.60 exposes the 60.31 session low, then 60.00
  • Reclaim of 61.25 needed to challenge the 61.45 pivot
  • Fed Bowman speech (11:00 UTC) and FOMC Minutes Wed could shift this read

10:03 UTC

Downtrend, trying to base · RSI 45 · price 60.956

Lower highs/lows, consolidating near session low.

Silver ground lower across the window from 62.34 to a 60.31 session low as the post-NFP bounce unwinds on a firmer USD. Price is basing around 60.90 below EMA20/50, RSI(14) recovering off its lows near 44 with buyers defending the 60.30–60.60 zone.

Support: 60.307, 60.00

Resistance: 61.275

What it said to watch

  • M15 close below 60.30 opens the 60.00 psych level
  • Reclaim of 61.27 needed to break the lower-high chain
  • FOMC Minutes Wed 18:00 UTC is the key catalyst; Fed Bowman 11:00 UTC could shift this read

10:03 UTC

Downtrend, momentum flattening near lows · RSI 44 · price 60.956

Lower highs into a low-60.90s consolidation above the session low.

Silver extended its slide back toward $61 through the session, unwinding the post-NFP bounce as a firmer USD capped upside. Price bottomed at 60.307, rebounded to 61.275, then rolled over into a low-60.90s consolidation below EMA20/50 with RSI in the mid-40s.

Support: 60.307, 60.00

Resistance: 61.275

What it said to watch

  • A close below 60.307 opens the path to the 60.00 psych level
  • Reclaim of 61.275 swing high would neutralise the lower-high sequence
  • FOMC Minutes (Wed 18:00 UTC) and Fed's Bowman (11:00 UTC) could materially shift this read

09:47 UTC

Downtrend, bounce fading · RSI 43 · price 60.967

Lower highs/lows, consolidating above session low.

XAG unwound its post-NFP bounce through the Asia-London slide, printing a session low at 60.307 before rebounding to 61.275 on a firmer USD and Hormuz-driven oil bid. Price is now fading back toward 61.00, holding above the low but capped under the 61.275 recent high; RSI mid-range around 43.

Support: 60.307, 60.00

Resistance: 61.275, 61.45

What it said to watch

  • M15 close below 60.307 session low opens the 60.00 psych level
  • Reclaim of 61.275 recent high would challenge the 61.45 pivot
  • Fed's Bowman (11:00 UTC) and FOMC Minutes (Wed 18:00 UTC) could reshape this read

09:47 UTC

Downtrend, consolidating off lows · RSI 44 · price 60.967

Lower highs / lower lows, basing above 60.31.

XAG unwinding its post-NFP bounce, sliding from the 62.34 high to a 60.31 swing low as a firmer USD capped the metal. Price has since based between 60.75 and the 61.25 bounce high through London hours, RSI(14) mid-range near 44 with no momentum extreme.

Support: 60.307, 60.00

Resistance: 61.45

What it said to watch

  • M15 close below 60.31 exposes the 60.00 psych level
  • Reclaim of 61.25 bounce high needed to challenge the 61.45 pivot
  • Fed's Bowman speech (11:00 UTC) could shift the intraday read

09:32 UTC

Downtrend, capped below prior highs · RSI 43 · price 60.844

Lower highs, lower lows; rolling over after bounce.

XAGUSD sold off through the London session from 62.34 to a 60.31 session low as a firmer USD and Hormuz-driven oil bid weighed. The bounce stalled at 61.28 and price is rolling over again near 60.84, holding below EMA20/50 with RSI in the low 40s. The $60.00 psych level is the near-term line in the sand.

Support: 60.307, 60.00

Resistance: 61.275

What it said to watch

  • M15 close below 60.307 confirms a fresh lower low and exposes 60.00
  • Reclaim of 61.275 needed to break the lower-high sequence
  • FOMC Minutes (Wed 18:00 UTC) is the key catalyst that could reshape this read

09:32 UTC

Downtrend, lower highs holding · RSI 43 · price 60.844

Series of lower highs and lower lows.

Silver has ground lower through the London session, printing a fresh session low at 60.307 before a shallow bounce stalled at 61.25 and rolled over — firmer USD and the Hormuz oil bid weighing. Price sits at 60.844 below both EMAs with RSI(14) mid-40s, structure remains a chain of lower highs.

Support: 60.307, 60.00

Resistance: 61.25, 61.45

What it said to watch

  • Break of 60.307 exposes the 60.00 psych level
  • Reclaim of 61.45 pivot needed to challenge the lower-high sequence
  • FOMC Minutes Wed 18:00 UTC could materially shift this read

09:17 UTC

Downtrend, momentum easing · RSI 43 · price 60.91

Lower highs, lower lows; holding above session low.

Silver extended lower through the NY session, printing a session low at 60.31 before a bounce to 61.28 faded — firmer USD and rising oil on Hormuz risk keep price capped. Now drifting near 60.91 just above the 60.79 swing low, RSI mid-40s with no oversold signal.

Support: 60.79, 60.31, 60.00

Resistance: 61.28, 61.45

What it said to watch

  • M15 close below 60.31 exposes the 60.00 psych level
  • reclaim of 61.28 needed to threaten the 61.45 pivot
  • FOMC Minutes Wed 18:00 UTC is a scheduled driver that could shift this read

09:17 UTC

Downtrend, momentum stabilising · RSI 43 · price 60.91

Lower highs, lower lows; below EMAs.

Silver ground lower through the NY-Asia hours to a session low of 60.31 before a bounce stalled at 61.28 and rolled over, back near 60.91 in the London morning as a firmer USD and oil bid weigh. Price sits below EMA20/50 with RSI(14) around 43, structure still lower-high/lower-low.

Support: 60.31, 60.00

Resistance: 61.28, 61.45

What it said to watch

  • Close below 60.31 exposes the $60.00 psych level
  • Reclaim of 61.28 needed to challenge the 61.45 pivot
  • US ADP at 12:15 UTC could inject USD volatility

09:04 UTC

Downtrend, bounce fading · RSI 44 · price 60.887

Lower highs, held 60.31 low.

Silver sold through 61 during NY/Asia hours to a session low at 60.31, then bounced to 61.27 before fading back to 60.89 as the firm USD and oil bid capped the recovery. Price stalled at the descending highs; the bounce is unwinding into early London with RSI back below 50.

Support: 60.307

Resistance: 61.275, 61.45

What it said to watch

  • Reclaim of 61.45 pivot would neutralise the lower-high sequence
  • Loss of 60.31 confirms a fresh lower low toward 60.0
  • FOMC Minutes (Wed 18:00 UTC) is the key catalyst that could reshape this read

09:04 UTC

Downtrend, bounce fading · RSI 45 · price 60.887

Lower highs, testing session low.

Silver ground lower through the London session to a 60.307 low before a bounce stalled at 61.275, price now fading back toward 60.887 as a firm USD and oil bid cap the metal. Structure remains a chain of lower highs; the day-range low is the near-term line in the sand.

Support: 60.79, 60.307

Resistance: 61.275

What it said to watch

  • M15 close below 60.79 confirms continuation toward the 60.307 session low
  • Reclaim of 61.275 swing high challenges the lower-high sequence
  • FOMC Minutes tomorrow 18:00 UTC is the dominant catalyst for the next leg

08:47 UTC

Downtrend, near-term bounce fading · RSI 44 · price 60.986

Lower highs, lower lows; swept session low.

Downtrend intact on M15; silver swept the 60.31 session low, bounced to 61.28 then rolled over again toward 61.00. Firm USD and oil-driven caution ahead of Wed FOMC Minutes are capping the metal, with RSI(14) stuck in the mid-40s.

Support: 60.307, 60.545

Resistance: 61.45

What it said to watch

  • Close below 60.31 confirms a lower-low and exposes 60.55
  • Reclaim of 61.45 pivot needed to break the descending lower highs
  • ADP 4-week average at 12:15 UTC could inject near-term volatility

08:47 UTC

Downtrend, momentum easing · RSI 45 · price 60.986

Lower highs, lower lows; bounce off session low.

XAG ground lower through the London session, losing the $61.45 pivot as a firm USD and oil-driven bid capped the metal, bottoming at 60.31 before a snap recovery to the 61.275 bounce high. Sellers re-emerged into 61.20, dragging price back to 61.00; RSI(14) near 44 reflects the stalled bounce.

Support: 60.307

Resistance: 61.275, 61.45

What it said to watch

  • M15 close below 60.31 session low reopens the downside toward YTD lows
  • Reclaim of the 61.45 pivot would neutralise the near-term bearish read
  • FOMC Minutes Wed 18:00 UTC is the key catalyst and could reshape this read

08:32 UTC

Downtrend, near-term bounce · RSI 55 · price 61.112

Recovering off session low, higher low at 60.79.

Silver sold from 62.3 through the London session to a low of 60.31 before basing, and buyers stepped in twice around 60.8 to print a higher low. Price is now ticking back toward the 61.28 session high with firm USD and an oil bid capping the recovery.

Support: 60.79, 60.31

Resistance: 61.28, 61.45

What it said to watch

  • Close above 61.45 pivot opens room back toward 61.80
  • Failure to hold 60.79 reopens the 60.31 session low
  • US ADP 12:15 UTC could add intraday volatility

08:32 UTC

Downtrend, bounce off lows · RSI 47 · price 61.112

Lower highs, lower lows; recovering from swing low.

XAG slid through the session from ~62.3 to a swing low at 60.31 as a firmer USD and oil-led inflation caution capped the metal, then recovered to 61.28 before stalling near 61.11. RSI hovering mid-range around 47 after the bounce; price back above EMA20 but still under EMA50. Buyers stepped in twice near 60.80 on the pullback.

Support: 60.80, 60.31

Resistance: 61.28, 61.45

What it said to watch

  • Sustained loss of 60.80 reopens the 60.31 swing low
  • M15 close above 61.45 pivot invalidates the lower-high sequence
  • FOMC Minutes tomorrow 18:00 UTC is the dominant catalyst for this read

08:17 UTC

Downtrend, bouncing off session low · RSI 48 · price 61.217

Lower highs into 60.30 low, recovery underway.

NY session drove silver down to a 60.30 session low before a sharp recovery back to 61.22, with RSI(14) lifting off oversold toward 48. The metal is pressing the 61.45 pivot flagged as the recent break level; chain of lower highs from 62.34 still frames the downtrend.

Support: 60.789, 60.307

Resistance: 61.45

What it said to watch

  • M15 close above 61.45 pivot would break the lower-high sequence
  • Failure to hold 60.79 reopens the 60.30 session low
  • FOMC minutes Wed 18:00 UTC is the dominant catalyst ahead

08:03 UTC

Downtrend, bounce fading · RSI 43 · price 60.834

Lower highs and lower lows; relief bounce sold back.

Silver sold off through the London morning to a 60.307 session low, bounced to 61.28 and has since faded back to 60.83 with RSI(14) stuck in the low 40s. Lower-high, lower-low structure intact; the metal is drifting inside its $60-63 range into Wednesday's FOMC minutes.

Support: 60.307, 60.00

Resistance: 61.45

What it said to watch

  • Close below 60.307 confirms a lower-low and opens 60.00
  • Reclaim of 61.28 needed to challenge the 61.45 pivot
  • FOMC minutes Wed 18:00 UTC is the key catalyst for this range

08:03 UTC

Downtrend, lower highs and lows · RSI 41 · price 60.834

Stair-step lower, bounce faded.

Silver ground lower through the London morning, printing a fresh session low at 60.307 before a shallow bounce stalled at the 61.29 swing high. Price has since rolled back toward 60.83 with RSI(14) hovering near 41, keeping the intraday downtrend and lower-high chain intact under both EMAs.

Support: 60.307, 60.00

Resistance: 61.29

What it said to watch

  • Reclaim of the 61.29 swing high would break the lower-high sequence
  • Loss of 60.307 session low opens the 60.0 psych level
  • FOMC minutes tomorrow is the key catalyst that could reset this read

07:47 UTC

Downtrend, bounce fading · RSI 44 · price 60.943

Lower highs and lower lows, bounce off session low stalling.

Silver ground lower through the session, sweeping to 60.30 before a bounce to 61.28 faded back under 61.00, RSI(14) stuck in the mid-40s. Bearish micro-structure intact below the $61.45 pivot, with sellers capping every recovery attempt.

Support: 60.307, 60.00

Resistance: 61.45

What it said to watch

  • M15 close below 60.30 opens the $60.00 psych level
  • Reclaim of the 61.45 pivot needed to unwind the lower-high sequence
  • FOMC minutes Wed 18:00 UTC is the key catalyst that could reset this read

07:47 UTC

Downtrend, momentum stalling · RSI 43 · price 60.943

Lower highs, lower lows.

Silver ground lower through the London session, printing a fresh session low at 60.307 before a bounce to 61.28 was rejected and price rolled back to 60.94. Structure stays a clean chain of lower highs/lower lows below the 61.45 pivot flagged into the FOMC minutes; RSI(14) sits mid-40s, no divergence.

Support: 60.307, 60.00

Resistance: 61.28, 61.45

What it said to watch

  • Reclaim and hold above 61.45 pivot would break the lower-high sequence
  • Loss of 60.307 exposes the 60.00 round number
  • ADP 4-week avg 12:15 UTC could shift USD and this read

07:32 UTC

Downtrend, bounce underway · RSI 46 · price 61.043

Lower highs and lower lows, recovering off session low.

Silver sold off steadily through the Asian session to a session low of 60.31, then bounced ~90 pips into the London open as USD gains stalled. Now consolidating around 61.04 below EMA50; RSI has recovered off oversold to the mid-40s.

Support: 60.60, 60.31, 60.00

Resistance: 61.28, 61.67

What it said to watch

  • Loss of 60.60 reopens the 60.31 session low and 60.00 pivot
  • Close above 61.28 needed to challenge the 61.67 prior high
  • ADP 4-week avg 12:15 UTC could disturb the consolidation

07:32 UTC

Downtrend, bounce off lows · RSI 46 · price 61.043

Lower highs / lower lows, recovering into London.

XAG ground lower through the Asian session, sweeping to a 60.307 session low before buyers lifted it into the London open to 61.275, now easing back to 61.04. A firmer USD is capping the bounce per the macro read; price sits back above EMA20 but under EMA50 with RSI recovering off the lows near 46.

Support: 60.307, 60.00

Resistance: 61.275, 61.75

What it said to watch

  • Loss of 60.307 session low reopens the 60.00 psych level
  • Reclaim of 61.75 prior swing needed to negate the lower-high sequence
  • FOMC minutes Wed 18:00 UTC is the key catalyst that could shift this read

07:17 UTC

Downtrend, bounce fading · RSI 44 · price 60.991

Lower highs, lower lows; bounce off 60.31.

Silver sold off through Asia/early London from ~62.0 to a session low of 60.31, USD firmness capping the metal. A bounce stalled at 61.27 and price has slipped back to 60.99, RSI(14) mid-40s. Sequence of lower highs and lower lows intact below the $60 pivot region.

Support: 60.307, 60.00

Resistance: 61.275

What it said to watch

  • M15 close below 60.31 opens the 60.00 pivot
  • Reclaim of 61.27 would neutralise the lower-high chain
  • FOMC minutes Wed 18:00 UTC is the key catalyst for this read

07:17 UTC

Downtrend, bounce fading · RSI 44 · price 60.991

Lower highs, lower lows.

XAG slid through London hours into a 60.30 session low as a firmer USD capped last week's squeeze, then bounced to 61.27 before stalling — now back at 60.99. Sequence of lower highs intact; RSI(14) mid-40s with no divergence, and price sits below both EMA20 and EMA50.

Support: 60.307, 60.00

Resistance: 61.275

What it said to watch

  • Loss of 60.30 session low reopens the 60.00 psych pivot
  • M15 close back above 61.27 bounce high would break the lower-high chain
  • FOMC minutes Wed 18:00 UTC is the key catalyst that could shift this read

07:03 UTC

Downtrend, bouncing off lows · RSI 46 · price 61.057

Lower lows into 60.30, corrective bounce underway.

Silver sold off through the NY session to a low of 60.307 before recovering to 61.28, currently easing to 61.06; a firmer USD capped the metal ahead of Wednesday's FOMC minutes. RSI(14) is lifting off oversold but price remains below EMA20 and EMA50, keeping the intraday bounce corrective for now.

Support: 60.307, 60.00

Resistance: 61.673

What it said to watch

  • Close back above 61.28 bounce high would extend the recovery toward 61.67
  • Loss of 60.30 session low reopens the 60.00 psych pivot
  • FOMC minutes Wed 18:00 UTC is the key catalyst that could shift this read

07:03 UTC

Downtrend, corrective bounce underway · RSI 46 · price 61.057

Lower highs and lower lows, bouncing off session low.

Silver bled lower through the Asian hours to a low of 60.307 as USD firmed, then bounced ~90 pips into London to 61.275 before easing back to 61.057. RSI(14) has recovered off its lows to the mid-40s, but price is still capped below the 61.28 bounce high and both EMAs.

Support: 60.307, 60.00

Resistance: 61.275, 61.60

What it said to watch

  • Reclaim of 61.275 would extend the bounce toward the 61.60 swing
  • Loss of 60.307 reopens the 60.00 psych pivot
  • FOMC minutes Wed 18:00 UTC is the key catalyst that could reset this read

06:47 UTC

Downtrend, sharp bounce off lows · RSI 55 · price 61.221

Lower lows into 60.31, corrective bounce.

M15 stayed in a downtrend as sellers drove XAG from ~62.20 to a session low of 60.31 during late US hours, with a firmer USD capping the metal below its moving averages. Buyers stepped in at 60.31 and the bounce into the London session has retraced to the ~50% fib near 61.26, RSI recovering off oversold; 61.28 caps immediately.

Support: 60.307, 60.00

Resistance: 61.28, 61.60

What it said to watch

  • Close above 61.28 opens the path to the 61.60 swing zone
  • Failure to hold 60.31 reopens the 60.00 psych level
  • FOMC minutes Wed 18:00 UTC is the key catalyst for this read

06:47 UTC

Downtrend, bouncing off lows · RSI 44 · price 61.221

Lower highs into 60.31, sharp recovery underway.

Silver sold off through the London morning to 60.31 as a firmer USD capped the prior bounce, then snapped back sharply to 61.22 over the last three bars with RSI(14) lifting off oversold. Price remains below EMA20/EMA50 — the recovery is a retrace within the intraday downtrend.

Support: 60.31, 60.00

Resistance: 61.49, 62.02

What it said to watch

  • Reclaim of 61.49 swing high opens the path back toward 62.02
  • Failure to hold 60.00 psych pivot reopens the 56.61 zone flagged in macro read
  • ADP 4-week average ~12:15 UTC could inject USD volatility into this read

06:32 UTC

Downtrend, bounce underway · RSI 43 · price 60.979

Lower highs/lower lows, bouncing off session low.

Silver sold off through the London morning from the $62.34 swing high to a $60.31 low, snapping the recent range and staying capped below EMA20/50. Last three bars bounced back to $60.98 with RSI(14) lifting off oversold near 43; the $60.00 psych pivot held on the sweep. Move fits the digest read of a firmer USD trimming last week's squeeze into FOMC minutes.

Support: 60.307, 60.00

Resistance: 61.49

What it said to watch

  • M15 close below 60.307 reopens the 60.00 psych pivot
  • Reclaim of 61.49 swing high negates the lower-high sequence
  • FOMC minutes Wed 18:00 UTC is the key catalyst for this read

06:32 UTC

Downtrend, bouncing off lows · RSI 42 · price 60.979

Chain of lower highs and lower lows, corrective bounce underway.

Silver sold off through the late NY session, slicing 61.00 and 60.60 to print a session low at 60.307 before a corrective bounce lifted price back to 60.98 into early London. RSI(14) is recovering off oversold but structure remains a lower-high, lower-low chain below both EMAs.

Support: 60.307, 60.00

Resistance: 61.30

What it said to watch

  • A close back below 60.307 reopens the 60.00 psych pivot
  • Reclaim of 61.30 recent high needed to ease downside pressure
  • FOMC minutes Wed 18:00 UTC is the key catalyst for the next leg

06:17 UTC

Downtrend, extended into session low · RSI 35 · price 60.776

Lower highs and lower lows, minor bounce off 60.31.

NY session extended a sharp selloff, silver sliding from 62.1 to a session low of 60.31 as a firmer USD capped the metal. Price is bouncing back to 60.78 but remains in a clean lower-high/lower-low chain below both EMAs, with RSI(14) at 35 leaving room before oversold.

Support: 60.307, 60.00

Resistance: 61.10

What it said to watch

  • M15 close back above 61.10 needed to break the descending-highs sequence
  • Loss of the 60.00 psych level reopens the 56.61 YTD-low zone
  • FOMC minutes Wed 18:00 UTC could materially shift this read

06:17 UTC

Downtrend, bounce off lows · RSI 37 · price 60.776

Chain of lower highs and lower lows, first bounce underway.

Silver sold off steeply through the London morning, printing a fresh session low at 60.307 before a modest bounce to 60.776; price sits well below EMA20/50 in a clean lower-high, lower-low sequence. The slide fits XAG easing sub-$63 into FOMC minutes with a firmer USD capping. RSI(14) near 36 is soft but not yet extreme.

Support: 60.307, 60.00

Resistance: 61.187

What it said to watch

  • M15 close below 60.30 reopens the 60.00 psych pivot
  • Reclaim of 61.19 swing high needed to break the lower-high chain
  • FOMC minutes Wed 18:00 UTC could materially shift this read

06:03 UTC

Downtrend, extending · RSI 26 · price 60.638

Lower highs, lower lows.

XAG ground lower through the NY-into-Asia session, sliding from 62.34 to a session low at 60.307 as a firmer USD capped the post-NFP bounce. RSI(14) near 26 after price broke the 61.00 swing high; last bar holding just above the 60.00 psych pivot.

Support: 60.307, 60.00

Resistance: 60.99

What it said to watch

  • close below 60.307 session low reopens the 60.00 psych pivot
  • reclaim of 60.99 swing high needed to stall the downtrend
  • ADP 4-week avg 12:15 UTC could inject USD volatility

06:03 UTC

Downtrend, momentum extending · RSI 31 · price 60.638

Lower highs, lower lows into $60 pivot.

XAG sold off through the NY session, breaking below $61 and printing a fresh session low at 60.307 before closing 60.638. Chain of lower highs and lower lows intact, RSI(14) near 31 but not yet extreme; $60 psych pivot is the immediate line in the sand.

Support: 60.307, 60.00

Resistance: 60.99

What it said to watch

  • Close below 60.00 reopens the $56.61 zone
  • Reclaim of 60.99 needed to ease downside pressure
  • FOMC minutes Wed 18:00 UTC could reset this read

05:47 UTC

Downtrend, momentum accelerating · RSI 29 · price 60.529

Lower highs and lower lows, breaking to session lows.

Silver rolled over through the Asia session, shedding a full dollar from the 61.60 area to a fresh session low at 60.307 with RSI(14) near 28. Firmer USD is capping the metal below its moving averages; the 60.00 pivot flagged in the macro read is now the immediate line in the sand.

Support: 60.307, 60.00

Resistance: 61.00, 61.60

What it said to watch

  • Loss of 60.00 psych extends the slide toward the YTD-low zone
  • Reclaim of 61.00 round would neutralise the current lower-low sequence
  • FOMC minutes Wed 18:00 UTC is the key catalyst and could reset this read

05:47 UTC

Downtrend, accelerating · RSI 27 · price 60.529

Chain of lower highs and lower lows.

XAG sold off hard through the Asian session, sliding from the 62.3 area to a fresh session low at 60.307 with RSI(14) pressed into oversold near 27 as a firmer USD weighed. Price is breaking below the 61.00 round level and probing toward the 60.00 pivot flagged into Wednesday's FOMC minutes.

Support: 60.307, 60.00

Resistance: 60.957, 61.00

What it said to watch

  • Loss of 60.00 pivot extends the breakdown lower
  • Reclaim of 61.00 round number would ease the selloff
  • FOMC minutes Wed 18:00 UTC is the key catalyst ahead

05:32 UTC

Downtrend, momentum accelerating · RSI 27 · price 60.528

Chain of lower highs and lower lows into session low.

Silver sold off steadily through the Asian session, snapping below 61.00 and printing a fresh session low at 60.49 with RSI(14) deep in oversold. The $60.00 psych pivot is now the immediate line in the sand after a clean run of lower highs.

Support: 60.00, 60.494

Resistance: 61.00

What it said to watch

  • Close below 60.00 opens the $56.61 zone flagged in the macro read
  • Reclaim of 61.00 would ease the downside pressure
  • FOMC minutes Wed 18:00 UTC is the key catalyst that could reset this read

05:32 UTC

Downtrend, accelerating · RSI 32 · price 60.528

Lower highs, lower lows.

XAG sold off through the late-Asia session, sliding from ~62.10 to a fresh session low at 60.494 as a firmer USD capped the metal below key moving averages. Clean lower-high/lower-low chain intact with price pressing the $60 psych pivot; RSI(14) near 31 but not yet extreme.

Support: 60.494, 60.00

Resistance: 61.196

What it said to watch

  • Loss of 60.00 psych pivot reopens the lower support shelf
  • M15 close back above 61.196 would break the lower-high chain
  • FOMC minutes Wed 18:00 UTC is the key catalyst for this read

05:17 UTC

Downtrend, accelerating · RSI 27 · price 60.549

Lower highs, lower lows into session low.

Silver ground lower through the Asian session, breaking the 61.00 handle and printing a fresh session low at 60.548 with a clean chain of lower highs. RSI(14) near 27 is stretched but not yet sub-20; the slide leans on a firmer USD capping the post-NFP bounce, with the $60.00 pivot now in focus just below.

Support: 60.548, 60.00

Resistance: 61.04

What it said to watch

  • M15 close back above 61.04 would break the lower-high sequence
  • Loss of 60.00 psych pivot extends the decline toward the 56.61 zone
  • FOMC minutes Wed 18:00 UTC is the key catalyst and could reset this read

05:17 UTC

Downtrend, momentum extended · RSI 28 · price 60.549

Chain of lower highs and lower lows, pressing $60.

Silver sold off through the late Asia hours, sliding from 62.02 to a fresh low at 60.55 as a firmer USD capped the prior bounce. RSI(14) near 28 is oversold and the $60.00 psych pivot is now within reach; price sits well below EMA20/50 with no relief yet.

Support: 60.00

Resistance: 61.29, 62.02

What it said to watch

  • M15 close below 60.00 reopens the 56.61 zone flagged in context
  • Reclaim of 61.29 swing high needed to ease the downside pressure
  • FOMC minutes Wed 18:00 UTC is the key catalyst for the next leg

05:04 UTC

Downtrend, extending lower · RSI 33 · price 60.842

Chain of lower highs and lower lows.

Silver slid through the NY-Asia handover, breaking from ~62.20 down to a fresh session low at 60.82 as a firmer USD kept the metal offered. Price is grinding along the lows just above the 60.00 psych pivot with RSI(14) near 33 but not yet at an extreme.

Support: 60.821, 60.00

Resistance: 61.30

What it said to watch

  • Loss of 60.00 pivot reopens the deeper 56.61 zone
  • Reclaim of 61.30 needed to stall the lower-low sequence
  • FOMC Minutes Wed 18:00 UTC is the key catalyst for this read

05:04 UTC

Downtrend, fresh lows · RSI 30 · price 60.842

Lower highs and lower lows, pressing session low.

XAG sold off through 61.00 into fresh lows at 60.82, extending a chain of lower highs as a firmer USD capped the earlier bounce below 62.20. RSI(14) near 30 flags short-term oversold conditions with the $60.00 pivot now the immediate focus below.

Support: 60.82, 60.00

Resistance: 61.19

What it said to watch

  • Loss of the 60.00 pivot reopens the 56.61 zone flagged in context
  • Reclaim of 61.19 needed to ease near-term downside pressure
  • FOMC minutes Wed 18:00 UTC could materially shift this read

04:47 UTC

Downtrend, testing lows · RSI 34 · price 61.03

Lower highs into a double bottom at 60.90.

Silver bled lower through the Asia session, sliding from ~62.20 to retest the 60.90 double bottom, now hovering at 61.03 below EMA20 and EMA50. A firmer USD into FOMC minutes capped every bounce; RSI(14) near 34 shows no oversold extreme yet. Equal lows at 60.90 held twice but each rebound has stalled under the descending lower highs.

Support: 60.90, 60.00

Resistance: 61.30

What it said to watch

  • M15 close below 60.90 exposes the 60.00 psych pivot
  • reclaim of 61.30 swing high needed to break the lower-high chain
  • FOMC minutes Wed 18:00 UTC is the key catalyst that could reset this read

04:47 UTC

Downtrend, extended · RSI 34 · price 61.03

Chain of lower highs and lower lows.

Silver sold off through the NY session and into Asia, breaking the 61.50 shelf and printing successive lower lows to test 60.89. A firmer USD kept the metal offered below its moving averages; RSI(14) sits near 34, hot but not yet extreme, and the 60.89 session low is repeatedly probed without a clean break.

Support: 60.894, 60.00

Resistance: 61.295, 61.52

What it said to watch

  • Hold or loss of 60.89 defines whether the lower-low sequence extends toward the 60.00 pivot
  • M15 close back above 61.30 would break the lower-high chain
  • FOMC minutes Wed 18:00 UTC could materially shift this read

04:32 UTC

Downtrend, momentum accelerating · RSI 33 · price 60.995

Chain of lower highs and lower lows.

Silver sold off hard through the European-US hours and into the Asia session, breaking below 61.50 and printing successive lower lows to 60.89 as a firmer USD capped the prior bounce. Price now sits pinned to the 61.00 handle just above the 60.89 swing low, RSI(14) near 33 and stretched but not yet at an extreme.

Support: 60.894, 60.00

Resistance: 61.30

What it said to watch

  • loss of 60.89 swing low reopens the 60.00 psych pivot
  • reclaim above 61.30 recent high would ease the downside pressure
  • FOMC minutes Wed 18:00 UTC is the key catalyst for the next leg

04:32 UTC

Downtrend, extended lower · RSI 34 · price 60.995

Lower highs, lower lows.

Silver has bled steadily through the NY session into Asia, sliding from the 62.10 area to a session low of 60.894 as a firmer USD kept the recent bounce capped. Structure is a clean chain of lower highs and lower lows; RSI(14) near 34 with price pinned just above the 60.00 pivot. The bounce to 61.187 was sold, leaving 61.00 as the immediate battleground.

Support: 60.894, 60.00

Resistance: 61.187

What it said to watch

  • M15 close below 60.894 reopens the 60.00 pivot
  • Reclaim of 61.187 needed to break the descending highs
  • FOMC minutes Wed 18:00 UTC is the key catalyst ahead

04:17 UTC

Downtrend, minor bounce · RSI 42 · price 61.164

Lower highs, lower lows.

Silver leaked lower through the Asia session, sliding from 62.14 to a 60.89 low as a firmer USD kept the bounce capped below $63. A modest recovery to 61.16 has RSI(14) near 42, holding above the 61.00 round number but still below EMA20/50.

Support: 61.00, 60.894

Resistance: 61.672

What it said to watch

  • M15 close above 61.672 breaks the descending resistance and the lower-high chain
  • Loss of 60.894 confirms the next lower-low and exposes 60.00

04:17 UTC

Downtrend, tentative bounce · RSI 38 · price 61.164

Lower highs, equal lows at 60.894.

Silver ground lower through the NY-Asia transition, printing equal lows at 60.894 as a firmer USD capped the bounce off last week's squeeze. Price has since edged to 61.164 with RSI(14) near 38 — soft but not oversold; the lower-high chain off 62.34 stays intact while under 61.50.

Support: 60.894, 60.00

Resistance: 61.50

What it said to watch

  • M15 close above 61.50 breaks the lower-high sequence
  • Loss of 60.894 opens the 60.00 psych pivot
  • FOMC minutes Wed 18:00 UTC could materially shift this read

04:03 UTC

Downtrend, extending · RSI 33 · price 61.106

Lower highs, lower lows.

Silver ground lower through the Asia session, breaking the 61.50 shelf and printing fresh lows at 60.894 with RSI(14) near 33. A small bounce to 61.10 into the current bar, but the sequence of lower highs remains intact after Monday's pullback from the 62.35 area.

Support: 60.894, 60.00

Resistance: 61.50

What it said to watch

  • M15 close back above 61.50 would break the lower-high chain
  • Loss of 60.894 swing low opens the 60.00 round number
  • FOMC Minutes Wed 18:00 UTC could materially shift this read

04:03 UTC

Downtrend, extended lower · RSI 31 · price 61.106

Lower highs / lower lows, fresh session low.

Silver sold off through the late US session into Asia, breaking the 61.30 shelf and printing a fresh low at 60.894 as a firmer USD capped any bounce. Price is stalling around 61.10 with RSI(14) near 31 — hot but not extreme — after a clean chain of lower highs.

Support: 60.894, 60.00

Resistance: 61.67

What it said to watch

  • Failure to hold 60.894 confirms continuation toward the 60.00 psych level
  • M15 close back above 61.67 swing high would break the lower-high sequence
  • FOMC Minutes Wed 18:00 UTC could materially reshape this read

03:47 UTC

Downtrend, extended into Asia · RSI 28 · price 60.997

Lower highs, testing double bottom.

XAG slid through the Asia session in a clean lower-highs sequence, dropping from 61.95 to retest the 60.894 session low, RSI(14) near 28. Silver remains capped below the SMAs after Monday's stall, with 60.894 defended twice so far and 60.00 the psych pivot beneath.

Support: 60.894, 60.00

Resistance: 61.50

What it said to watch

  • M15 close below 60.894 confirms a fresh lower low and opens 60.00
  • Reclaim of 61.5 needed to ease the downside pressure
  • ADP 4-wk avg 12:15 UTC and FOMC minutes Wed 18:00 UTC could materially shift this read

03:47 UTC

Downtrend, extending lower · RSI 30 · price 60.997

Lower highs, lower lows; fresh session low.

Silver broke the 61.00 psych level during Asia hours, extending the slide off the 62.02 swing high into a fresh session low at 60.89. RSI(14) near 29, deep in oversold as sellers keep pressing; price pinned at 61.00 into the new session.

Support: 60.894, 60.00

Resistance: 61.50, 62.02

What it said to watch

  • Reclaim of the 61.50 swing would ease the downside pressure
  • Failure to hold above 60.89 session low opens the 60.00 psych
  • FOMC Minutes Wed 18:00 UTC could materially shift this read

03:32 UTC

Downtrend, accelerating lower · RSI 31 · price 61.01

Lower highs, lower lows; fresh session low.

XAGUSD slid through the $61.75 consolidation into the Asia session, printing a fresh low at 60.894 as a firm USD keeps silver capped. Chain of lower highs intact, RSI(14) near 30 after a clean break of the 61.50 shelf; last bar closed at 61.01 right on the round number.

Support: 60.894, 60.00

Resistance: 61.492

What it said to watch

  • Sustained break below 60.894 opens the 60.00 pivot
  • Reclaim of 61.492 would neutralise the lower-high chain
  • FOMC Minutes Wed 18:00 UTC could materially shift this read

03:32 UTC

Downtrend, extended into session low · RSI 34 · price 61.01

Lower highs, double touch of 60.894.

Silver slid through the NY-Asia transition from 62.14 to print 60.894 twice, holding below EMA20/50 as USD firmed. Price has stalled at 61.01 off the session low; RSI(14) near 33 with a matched low pointing to short-term downside exhaustion, though the descending-highs structure is intact.

Support: 60.894, 60.00

Resistance: 61.60

What it said to watch

  • M15 close below 60.894 confirms a lower low and opens the 60.00 psych level
  • Reclaim of 61.60 needed to challenge the descending lower-highs line
  • ADP 4-week avg (12:15 UTC) and FOMC Minutes Wed could reset this read

03:17 UTC

Downtrend, lower highs stacking · RSI 39 · price 61.249

Series of lower highs and lower lows since NY.

Silver broke down through the 62.00 shelf into late NY, sweeping to 60.894 before a shallow bounce to 61.672 that has since faded back to 61.25. Price sits under EMA20/EMA50 in a clean lower-high chain; RSI(14) near 39, not yet oversold.

Support: 60.894

Resistance: 61.672, 61.99

What it said to watch

  • M15 close below 60.894 confirms the next lower low
  • Reclaim above 61.672 negates the intraday downdrift
  • FOMC Minutes Wed 18:00 UTC is the marquee catalyst that could reset this read

03:17 UTC

Downtrend, lower highs intact · RSI 36 · price 61.249

Range break lower, bounce fading.

NY hours drove silver off 62.12 to a session low at 60.894 as a firmer safe-haven USD capped metals. Asia has faded the bounce below 61.673, now sliding back toward 61.25 with RSI(14) cooling into the mid-30s and price under both EMAs.

Support: 61.188, 60.894

Resistance: 61.673

What it said to watch

  • M15 close back above 61.673 breaks the lower-high sequence
  • Failure to hold 60.894 opens further downside
  • FOMC Minutes Wed 18:00 UTC is the marquee catalyst that could reshape this read

03:03 UTC

Downtrend, bounce fading · RSI 43 · price 61.272

Lower highs, swept below 61.00.

Silver sold off through late NY into Asia, sweeping the 61.00 psych level to a 60.894 session low before a sharp bounce to 61.67. Price has since faded back to 61.27 under a chain of lower highs; RSI(14) mid-range, both EMAs overhead capping.

Support: 60.894, 61.00

Resistance: 61.672

What it said to watch

  • M15 close below 60.894 confirms lower-low continuation
  • reclaim above 61.67 swing high negates the downtrend read
  • ADP 4-week avg 12:15 UTC could inject USD-driven volatility

03:03 UTC

Downtrend, bounce stalling · RSI 44 · price 61.272

Lower highs, session low swept then reclaimed.

XAG sold off sharply through Asia hours to a session low at 60.894 before a bounce to 61.672 was rejected, leaving price consolidating near 61.27 below EMA20/50. Move fits the firmer-USD, sub-SMA consolidation read; buyers stepped in at 61.10 to hold the low.

Support: 60.894, 61.10, 60.00

Resistance: 61.672

What it said to watch

  • M15 close back above 61.672 needed to relieve the lower-high sequence
  • Failure to hold 60.894 opens the path toward the 60.00 psych level
  • FOMC Minutes Wed 18:00 UTC is the marquee catalyst and could reset this read

02:47 UTC

Downtrend, bounce in progress · RSI 43 · price 61.485

Lower low at 60.894, retracing.

Sharp late-NY sell-off drove silver into a 60.894 session low before buyers stepped in, lifting price back to ~61.49 — roughly the 50% retrace of the 62.022–60.894 drop. Asia session now consolidating just under the 61.67 bounce high with RSI(14) recovering from the flush toward the mid-40s.

Support: 61.10, 60.894

Resistance: 61.67, 62.022

What it said to watch

  • Reclaim above 61.67 opens the path back to the 62.022 pre-drop high
  • Loss of 61.10 re-exposes the 60.894 session low
  • FOMC Minutes Wed 18:00 UTC is the marquee catalyst that could reset this read

02:47 UTC

Downtrend, bounce underway · RSI 44 · price 61.485

Lower highs, low swept then reclaimed.

XAG sold off through Asia hours to 60.894 before buyers stepped in, lifting price back to 61.67 and now stalling near 61.49. USD firmed on a Hormuz safe-haven bid, capping metals below prior structure; the sweep of the lows has been reclaimed but 61.67 is holding as near resistance.

Support: 61.10, 60.894

Resistance: 61.67, 62.02

What it said to watch

  • M15 close above 61.67 opens the path to the 62.02 prior high
  • Loss of 61.10 puts the 60.894 session low back in play
  • FOMC Minutes Wed 18:00 UTC could materially shift this read

02:32 UTC

Downtrend, sharp late-session leg lower · RSI 38 · price 61.458

Range break lower, lower highs into a bounce.

Silver broke down out of the 61.75-62.20 range during the Asian session, sliding to a 60.894 low before bouncing to 61.67 and settling near 61.46. A firm USD on the safe-haven bid capped the metal, and RSI(14) at ~38 is recovering off the flush rather than stretched.

Support: 60.894, 60.00

Resistance: 61.672

What it said to watch

  • M15 close below 60.894 opens the $60.00 pivot
  • Reclaim of 61.67 needed to challenge the broken 61.75 range base
  • ADP 4-week avg at 12:15 UTC could shift USD tone into next bars

02:32 UTC

Downtrend, bounce fading · RSI 44 · price 61.458

Lower highs after breakdown, bounce stalling.

Silver broke down through the 61.50 shelf during the Asian session, spiking a low of 60.89 before buyers pushed a bounce to 61.67 — right at the 61.8% retrace of the drop. Price has since eased back to 61.46, RSI(14) recovering off the lows near 44 as the bounce loses steam.

Support: 61.10, 60.89

Resistance: 61.67

What it said to watch

  • Reclaim above 61.67 bounce high would neutralise the breakdown
  • Failure to hold 61.10 swing low reopens the 60.89 session low
  • FOMC Minutes Wed 18:00 UTC is the marquee catalyst that could reshape this read

02:17 UTC

Downtrend, bouncing off lows · RSI 44 · price 61.636

Lower highs into a swing-low sweep, near-term recovery.

Silver leaked lower through late NY hours as a firmer USD capped the tape, sweeping down to 60.894 before buyers stepped in and dragged price back to 61.636 into the Asia session. That recovery has retraced roughly two-thirds of the drop and now stalls under the 62.022 prior high; RSI(14) mid-40s off the washout.

Support: 61.40, 60.894

Resistance: 62.022

What it said to watch

  • Reclaim and M15 close above 62.022 negates the lower-high sequence
  • Failure to hold 61.400 reopens the 60.894 swing low
  • FOMC Minutes Wed 18:00 UTC is the marquee catalyst that could reset this read

02:17 UTC

Downtrend, bouncing off lows · RSI 44 · price 61.636

Swept session low, recovering.

Silver sold off through the 61.55 floor during Asia hours, sweeping to 60.894 before buyers recovered price back to 61.636. The 61.95 prior floor now caps overhead as resistance; RSI(14) has lifted off oversold on the bounce.

Support: 61.40, 60.894

Resistance: 61.95

What it said to watch

  • Reclaim above 61.95 invalidates the downside break
  • Failure to hold 61.40 reopens 60.894
  • FOMC minutes Wed 18:00 UTC is the marquee catalyst that could reset this read

02:03 UTC

Downtrend, bouncing off lows · RSI 42 · price 61.527

Swept lows, recovering off 60.90.

Silver sold off through the Asia session, sweeping down to a 60.90 swing low before buyers stepped in, recovering to 61.53. RSI(14) rebounding after the flush; the bounce low near 61.03 is the first pivot, with the 61.58 session high and 62.00 round number capping overhead.

Support: 61.03, 60.90

Resistance: 61.58, 62.00

What it said to watch

  • M15 close back below 60.90 reopens the downside
  • Reclaim of 62.00 would negate the sell-off
  • FOMC Minutes Wed 18:00 UTC is the marquee catalyst

02:03 UTC

Downtrend, bouncing off lows · RSI 42 · price 61.527

Lower low at 60.894, recovering.

Silver broke the 61.45 intraday floor during thin Asian hours, printing a lower low at 60.894 as a firmer USD kept metals capped. Price has since bounced to 61.53, roughly a 56% retrace of the 62.02-60.894 leg; prior supply at 61.95 overhead.

Support: 60.894, 60.00

Resistance: 61.95, 62.022

What it said to watch

  • M15 close above 61.95 invalidates the lower-high sequence
  • Failure to hold 60.894 opens the path toward the 60.00 psych level
  • FOMC minutes Wed 18:00 UTC is the marquee catalyst for the next leg

01:47 UTC

Downtrend, sharp intraday leg lower · RSI 42 · price 61.422

Lower highs, range floor broken.

Thin Asia session sliced through the 61.44 range floor to a 60.894 low before snapping back to 61.42, RSI(14) recovering off the low near 41. Descending highs stay intact and price is capped below both EMAs after the selloff from the 62.34 area.

Support: 61.00, 60.894

Resistance: 61.60

What it said to watch

  • M15 close back above 61.60 negates the lower-low sequence
  • Failure to hold 61.00 opens the 60.00 pivot

01:47 UTC

Intraday downtrend, bounce off lows · RSI 41 · price 61.422

Range break lower, low swept and reclaimed.

Early Asia dealing broke the 61.5–62.1 range with a sharp flush that swept 60.894 before buyers reclaimed 61.40 in two bars. Price sits back below EMA20/50 with RSI(14) recovering off its lows near 41; 61.60 broken floor now caps overhead.

Support: 60.894

Resistance: 61.60

What it said to watch

  • M15 close back above 61.60 negates the range-break-lower read
  • Failure to hold 60.894 confirms continuation lower toward 60.00
  • FOMC Minutes Wed 18:00 UTC could materially shift this read

01:32 UTC

Downtrend, accelerating · RSI 35 · price 61.202

Lower highs, fresh session low.

Silver broke down through 61.60 into the late-US/early-Asia hours, printing a fresh session low at 60.894 before a shallow bounce to 61.20; RSI(14) near 35, stretched but not extreme. The move fits the hawkish year-end Fed pricing capping the recovery below 62.50.

Support: 60.894, 60.00

Resistance: 61.60

What it said to watch

  • Reclaim of 61.60 would negate the breakdown
  • Failure to hold 60.90 opens the 60.00 psych pivot
  • FOMC minutes Wed 18:00 UTC is the key catalyst for this read

01:32 UTC

Downtrend, fresh breakdown · RSI 32 · price 61.202

Range break lower, sweep of 61.00.

Silver rejected the 62.10-62.14 consolidation top through late Asia and broke down hard, sweeping below 61.00 to a 60.894 session low before a small bounce to 61.20. RSI(14) near 31 after the flush; sub-62.50 pressure noted in the wider macro read as year-end Fed-hike odds cap upside.

Support: 60.894, 60.00

Resistance: 61.96, 62.139, 62.50

What it said to watch

  • Reclaim of 61.96 would negate the breakdown read
  • Failure to hold 60.894 opens the 60.00 psych level
  • FOMC minutes Wed 18:00 UTC is the key catalyst that could reset this read

01:17 UTC

Downtrend, accelerating lower · RSI 32 · price 61.233

Lower highs, lower lows; broke below 61.55.

Silver sold off sharply into the Asia open, breaking the 61.55 shelf and printing a fresh session low at 61.10 before closing 61.233, RSI(14) near 31. The move extends the hawkish-Fed fade below the $62.50 ceiling flagged in context; supply capped every bounce at 61.95 through the prior NY session.

Support: 61.10, 60.00

Resistance: 61.55, 61.95

What it said to watch

  • Reclaim of 61.55 would negate the breakdown and re-open 61.95
  • Failure to hold 61.10 exposes the 60.00 psych pivot
  • FOMC minutes Wed 18:00 UTC is the key catalyst that can reset this read

01:17 UTC

Downtrend, momentum accelerating · RSI 26 · price 61.233

Range break to the downside, fresh session low.

Asia session saw a sharp break below the 61.75–62.05 consolidation, dropping to a fresh session low of 61.10 with RSI(14) sliding into oversold near 26. The move extends a broader fade below the $62.50 ceiling flagged in the macro read, with the $60.00 pivot now the next reference below.

Support: 61.10, 60.00

Resistance: 61.95

What it said to watch

  • Reclaim above 61.95 would negate the downside range break
  • A close below 61.10 opens the path toward the 60.00 psych level
  • FOMC minutes Wed 18:00 UTC could materially shift this read

01:04 UTC

Downtrend, accelerating into Asia · RSI 34 · price 61.409

Lower highs, lower lows; fresh session low.

Asia hours saw silver break down from the 62.00 shelf, printing a fresh session low at 61.263 as price rejected the descending highs off 62.337. Move ties to a firmer USD reasserting the ~77% year-end hike bet, capping the metal sub-62.50; RSI(14) near 34, not yet oversold.

Support: 61.263, 61.00

Resistance: 61.95, 62.02, 62.337

What it said to watch

  • M15 close back above 61.95 negates the breakdown
  • Loss of 61.263 session low opens the 61.00 handle
  • FOMC minutes Wed 18:00 UTC is the key catalyst that could reshape this read

01:04 UTC

Downtrend, momentum accelerating · RSI 34 · price 61.409

Lower highs, lower lows; breakdown from consolidation.

Silver rolled over into thin Asian hours, breaking below the 61.76 support and printing a fresh session low at 61.263 as the hawkish year-end Fed pricing keeps the recovery capped sub-62.50. Micro-structure is a clean chain of lower highs and lower lows; RSI(14) sits soft near 34 but not yet at extreme.

Support: 61.263, 61.00

Resistance: 61.76

What it said to watch

  • Reclaim above 61.76 negates the fresh lower-low read
  • Failure to hold 61.263 opens the 61.00 round number
  • FOMC minutes Wed 18:00 UTC could materially shift this read

00:47 UTC

Downtrend, fresh leg lower · RSI 41 · price 61.622

Range break to the downside off 62.34.

Silver broke down below 62.02 into thin Asia hours, printing a fresh low at 61.57 before a shallow bounce to 61.62, extending the fade off the 62.34 swing high. Move fits the digest's stall sub-$62.50 as hawkish year-end Fed pricing caps upside; RSI(14) near 41, no oversold extreme yet.

Support: 61.50, 61.44

Resistance: 62.02, 62.34

What it said to watch

  • loss of 61.44 confirms a lower low
  • reclaim of 62.02 negates the range break
  • FOMC minutes Jul 8 is the week's key catalyst for this pair

00:47 UTC

Range, drifting lower · RSI 43 · price 61.622

Consolidation below 62.50, recent lower push.

XAG stayed hemmed below 62.50 through the London-NY hours, halting the recent bounce as hawkish year-end Fed pricing capped upside. A rejection from 62.02 into the Asia open dropped price to 61.57 before a shallow bounce to 61.62; price trades below EMA20 and EMA50 with RSI(14) near 42.

Support: 61.57, 61.44

Resistance: 62.05, 62.34

What it said to watch

  • M15 close below 61.44 confirms a lower-low and breaks the range floor
  • Reclaim of 62.05 puts the 62.34 session high back in play
  • FOMC minutes Wed 18:00 UTC is the key catalyst that could shift this read

00:32 UTC

Range, no clear direction · RSI 49 · price 61.983

Consolidation below 62.34, dip bought at 61.74.

Silver is ranging below the 62.34 session high, capped sub-62.50 as noted in the broader consolidation read. Thin Asia-hours trade slid to 61.74 before buyers stepped back in toward 61.98, parking price near the 38.2% retrace of the 61.44–62.34 leg with RSI neutral.

Support: 61.74, 61.44

Resistance: 62.34

What it said to watch

  • M15 close above 62.34 opens the 62.50 ceiling
  • Loss of 61.74 exposes the 61.44 session low

00:32 UTC

Consolidation after slide, flat · RSI 49 · price 61.983

Ranging below 62.50 ceiling.

Silver is consolidating around $62 in thin Asia hours after Monday's slide from 62.95 stalled below the $62.50 ceiling. Price holds a 61.44–62.20 range with RSI(14) neutral near 48; a dip to 61.74 was bought back toward 62.00. No fresh catalyst since in-line ISM Services capped upside.

Support: 61.44

Resistance: 62.20, 62.50

What it said to watch

  • M15 close above 62.20 puts the 62.50 ceiling back in play
  • Failure to hold 61.44 session low confirms a lower-low
  • FOMC minutes Wed 18:00 UTC is the key catalyst that could break the range

00:17 UTC

Range-bound, no clear trend · RSI 45 · price 61.887

Consolidation between session low and $62.34 cap.

XAGUSD is ranging 61.44–62.34 through the session, sitting mid-range at 61.89 after a rejection near 62.34 and a fade off the 62.10 area. RSI(14) neutral near 45; Asia opened quietly with silver still capped below the $62.50 ceiling flagged into FOMC minutes, buyers holding 61.75 on the latest dip.

Support: 61.75, 61.44

Resistance: 62.34, 62.50

What it said to watch

  • M15 close above 62.34 challenges the 62.50 ceiling
  • Loss of 61.44 confirms a lower low
  • FOMC minutes Wed 18:00 UTC is the key catalyst for this range

00:17 UTC

Downtrend stalled, now ranging · RSI 46 · price 61.887

Consolidation below 62.00 after decline from 63.20.

Silver bled from 63.20 into a 61.44-62.34 range and is now grinding just under the 62.00 psych level in thin Asian-session trade, in line with the digest's sub-$62.50 stall. A late dip to 61.74 was bought back to 61.89, keeping price mid-range with RSI(14) neutral near 46.

Support: 61.74, 61.44

Resistance: 62.00, 62.20, 62.34

What it said to watch

  • M15 close above 62.00 opens a retest of 62.20 recent high
  • Loss of 61.74 session low exposes 61.44 prior low
  • FOMC minutes (Wed 18:00 UTC) is the key catalyst that can break this range

00:03 UTC

Downtrend, fading into Asia open · RSI 41 · price 61.757

Lower highs, retesting session lows.

Silver drifted out of a tight 61.95–62.15 consolidation and is fading toward the session lows near 61.55 as Asia opens, RSI(14) around 41. The recovery off 61.44 stalled at 62.34 and sub-$62.50 supply has capped every push, keeping price hemmed in the range flagged in the broader backdrop.

Support: 61.55, 61.44

Resistance: 62.05, 62.34

What it said to watch

  • M15 close below 61.44 confirms a lower low and reopens 61.00
  • Reclaim of 62.05 negates the fade back toward session lows
  • US ADP later today (12:15 UTC) could inject fresh volatility

00:03 UTC

Downtrend, breaking lower after range · RSI 40 · price 61.757

Range floor gave way late Asia.

Silver chopped in a 61.50–62.34 band through the US session before slipping below the 61.95 range floor on the thin, low-volume Asia rollover, printing 61.757. RSI(14) near 40 and price under both EMAs; the recovery remains capped sub-62.50 as flagged in the macro read.

Support: 61.50, 61.36, 60.00

Resistance: 61.95, 62.34

What it said to watch

  • Reclaim of 61.95 would negate the downside range break
  • Loss of 61.50 session low opens 61.36 then the 60.00 psych level
  • FOMC minutes Wed 18:00 UTC is the week's catalyst and could reset this read

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