Late-NY breakout above 53.45 cap, Asia open extended to 53.70 and fading back.
Silver broke out of the 52.45–53.03 London/NY range in late NY, spiking from the 52.86 spike base through Monday's 53.44 prior high as oil and the USD slid. A 53.23–53.50 range low and cap held into the close. The Asia session opened with a push to a 53.70 session high, and price has since faded back to the 53.45–53.50 channel cap, now being retested from above.
Support: 53.44, 53.23, 52.86
Resistance: 53.701, 54.00
What it said to watch
Close back below 53.44 prior high turns the breakout into a false break inside the 53.23–53.50 range
Loss of the 53.23 range low and the rising trendline exposes the 52.86 spike base
Acceptance above the 53.70 session high puts the 54.00 round number in view
Waller (09:00 UTC) and US CPI (13:30 UTC Tue) could materially shift this read
23:17 UTC
Uptrend, breaking to new intraday highs · RSI 69 · price 53.635
Higher lows since the London low, new Asia session pressing above the prior high.
The rally from the 52.06 London low extended after a 19:30 UTC spike from the 52.856 spike base, as USD slid on Iran ceasefire hopes and lower oil and yields. The new Asia session has cleared the 53.525 prior high, which also marks the 53.45–53.50 channel cap, and is printing a 53.647 session high, with RSI(14) firm near 69 but not stretched.
Support: 53.525, 53.232, 52.856
Resistance: 53.647, 54.00
What it said to watch
A return below the 53.525 prior high in Asia hours would mark the channel-cap break as a false break
Loss of the 53.232 swing low breaks the higher-low sequence since the NY spike
Acceptance above the 53.647 session high puts the 54.00 round number in play
Waller (09:00 UTC) and US CPI (13:30 UTC) Tuesday could materially shift this read
Breakout above NY range top, tight flag under spike high.
A late-NY spike from the 52.856 spike base cleared the 53.032 prior high and tagged 53.525. That spike high sits at the 53.45-53.50 channel cap, and the bar closed well off it, a clear rejection. Price has since compressed between the 53.232 pullback low and 53.51, retesting the asia high at 53.442, with RSI(14) near 63 cooling from the spike; a softer USD and lower oil framed the move.
Support: 53.232, 53.032, 52.856
Resistance: 53.442, 53.525
What it said to watch
M15 acceptance above the 53.525 spike high clears the cap and extends the breakout
Loss of the 53.232 pullback low turns the move into a deeper pullback toward the 53.032 prior high, near the 38.2% retrace of the London low–spike high leg
A break of rising support from the London low would return price to the 52.45–53.03 NY range
Fed's Waller at 09:00 UTC and US CPI at 13:30 UTC Tuesday could materially shift this read
Post-spike range 53.23–53.53 above rising intraday lows.
A late NY spike from the 52.856 spike base cleared the 53.032 prior high and the 53.442 Asian high, printing a 53.525 session high at the digest's 53.45–53.50 channel cap as the USD softened on lower oil and Iran ceasefire hopes. Since then price has held a tight 53.23–53.53 range with rising lows from 52.06 intact, and RSI(14) has cooled from the low 70s.
Support: 53.232, 53.032, 52.856
Resistance: 53.442, 53.525
What it said to watch
M15 close above the 53.525 session high takes price out of the post-spike range and above the channel cap
Failure to hold the 53.232 range low returns focus to the 53.032 prior high and the 38.2% fib near 52.97
Loss of the 52.856 spike base would break the rising lows trendline structure
Fed's Waller at 09:00 GMT and US CPI at 13:30 GMT Tue could materially shift this read
Late-NY range break higher, tight consolidation 53.23–53.53.
After London close silver broke out of the 52.45–53.03 NY range to a 53.525 session high, wicking through the 53.442 Asian high as a softer USD and lower oil fed the move. Price has since held a tight consolidation above the 53.23 consol low, but closes remain capped around the Asian high. RSI(14) near 66, firm but not extreme.
Support: 53.232, 53.032
Resistance: 53.442, 53.525
What it said to watch
M15 close above the 53.525 session high would confirm acceptance above the Asian high and the 53.50 cap
Loss of the 53.23 consol low exposes the 23.6% retrace of the London low–session high move near 53.18, then the NY range top at 53.03
Fed's Waller (Tue 09:00 UTC) and US CPI (Tue 13:30 UTC) could materially shift this read
22:06 UTC
Uptrend, pausing under channel cap · RSI 67 · price 53.422
Late-NY breakout from 52.45–53.03 range; tight flag 53.23–53.52.
Late NY broke the 52.45–53.03 London/NY range and printed a 53.525 session high, briefly clearing the 53.442 asian high, as oil slid on Iran-talk headlines and DXY lost 102.00. Price is now flagging between the 53.23 flag low and 53.52, just under the $53.45–53.50 channel cap, with RSI(14) ~67 heading into the Asia session.
Support: 53.232, 53.032, 52.965
Resistance: 53.442, 53.525
What it said to watch
M15 close above the 53.525 session high clears the asian high and the $53.50 channel cap
Loss of the 53.23 flag low exposes the 53.03 ny high and the fib 38.2 retrace near 52.97
Rising lows trendline off the 52.06 London low stays intact while holds above ~52.65
Fed's Waller (Tue 09:00 UTC) and US CPI (Tue 13:30 UTC) could materially shift this read
Post-breakout consolidation, 53.23–53.47 inside the spike bar.
A late-NY rally broke from the 52.86 breakout base at 19:30 UTC. Silver cleared the 53.03 prior high and the 53.44 Asian high, but the 53.525 spike high was rejected at the $53.50 channel cap as oil and the USD softened on Iran-deal headlines. Price is now coiling between the 53.23 pullback low and the Asian high into the Asia session, with RSI(14) cooled to around 67.
Support: 53.232, 53.032, 52.856
Resistance: 53.442, 53.525
What it said to watch
An M15 close above the 53.525 spike high would mean acceptance through the $53.50 channel cap
Failure to hold the 53.23 pullback low exposes the 53.03 prior high, which sits near the 38.2% retracement of the intraday rally
A drop back below the 52.86 breakout base would undo the late-NY breakout
Fed's Waller (Tue 09:00 UTC) and US CPI (Tue 13:30 UTC) could materially shift this read
21:17 UTC
Intraday uptrend, stalling below day high · RSI 63 · price 53.278
Late-NY breakout from 52.45–53.03 range, pausing under the 53.50 cap.
Silver faded from the 53.442 Asia high to 52.06 in early London, then ranged 52.45–53.03 through NY. A late-NY breakout above the 52.932 range top hit a 53.525 day high, with oil and the USD both softer. Price was rejected just above the 53.45–53.50 channel cap and is holding near 53.28, above the 53.176 breakout low, into the Asian session.
Support: 53.176, 53.032, 52.932
Resistance: 53.442, 53.525
What it said to watch
A 15-minute close above the 53.525 day high would turn the rejection into acceptance above the channel cap
Losing the 53.176 breakout low would put the 53.032 ny high, near the 50% fib, back in play
A return below the 52.932 range top would mark the breakout as a false break
Fed's Waller (Tue 09:00 UTC) and US CPI (Tue 13:30 UTC) could materially shift this read
21:04 UTC
Intraday uptrend, stalling at day high · RSI 71 · price 53.321
Higher lows from 52.06 London low; late-NY spike swept Asia high, now holding above spike base.
Late NY, a spike swept the Asia high at 53.442 and tagged the 53.525 day high at the 53.45–53.50 channel cap, as a softer USD and lower oil lifted metals. Two rejections there have price drifting near 53.32 with RSI(14) around 71, and the 53.25 spike base is holding so far.
Support: 53.25, 53.03, 52.97
Resistance: 53.442, 53.525
What it said to watch
M15 close above the 53.525 day high would clear the channel cap and void the rejection read
Loss of the 53.25 spike base exposes the 53.03 NY high and the fib 38.2 of the 52.06–53.525 leg near 52.97
Fed's Waller (Tue 09:00 GMT) and US CPI (Tue 13:30 GMT) could materially shift this read
Late-NY breakout above Asian high, now pulling back below it.
After the gap lower at the open, silver ran to an Asian high of 53.442, faded to 52.06 into London, then held a 52.45–52.88 range before a late-NY squeeze through the range top printed a session high at 53.525 near the 53.50 channel cap. Price has slipped back under the Asian high to around 53.30 as USD softness from lower oil and Iran headlines fades into the close. RSI(14) is cooling from the high 70s, and the rising lows from 52.06 remain intact.
Support: 53.292, 53.032, 52.884
Resistance: 53.442, 53.525
What it said to watch
US CPI Tue 13:30 UTC, preceded by Waller at 09:00 UTC, could materially shift this read
M15 acceptance above the 53.525 session high clears the 53.50 channel cap
Loss of the 53.29 pullback low, then the 53.03 prior high, turns the late-NY spike into a false break
A close back inside the range top at 52.88 puts the rising lows trendline in play
Range break above NY range, holding at Asian high.
A late-NY spike after London close lifted silver out of the 52.45–53.03 NY range to a 53.525 session high. Price is now holding at the 53.442 Asian high as a softer USD and lower oil support metals. RSI(14) near 79 is stretched, and the 53.30 pullback low is the first support on the breakout leg.
Support: 53.442, 53.297, 53.032
Resistance: 53.525
What it said to watch
M15 close back below the 53.442 Asian high would leave the spike as a false break of Asia's top
Acceptance above the 53.525 session high clears the 53.45–53.50 channel cap
Loss of the 53.03 NY high, near the 50% of the breakout leg, returns price to the NY range
Fed's Waller (Tue 09:00 UTC) and US CPI (Tue 13:30 UTC) could materially shift this read
52.45–53.03 London/NY range broken higher, price above Asian high.
A late-NY range break out of the 52.45–53.03 box lifted silver through the Asian high at 53.442. The day high at 53.525 sits on the 53.45–53.50 channel cap, with a softer USD and lower oil behind the move; RSI(14) near 79 is stretched but not extreme.
Support: 53.442, 53.176, 53.032
Resistance: 53.525, 54.00
What it said to watch
Failure to hold the asian high at 53.442 would turn the move into a false break, exposing the breakout low at 53.176
M15 close above the day high at 53.525 clears the channel cap; 54.00 round number is the next reference
Return below the range top at 53.032 (near the 38.2% of the London low–day high fib) negates the range break
Fed's Waller (Tue 09:00 GMT) and US CPI (Tue 13:30 GMT) could materially shift this read
Late in the NY session price broke out of the 52.46–53.03 range, from range low to range top. It spiked to a 53.525 session high, sweeping the 53.44 Asian high, and now sits just below that Asian high with RSI(14) near 74 as a softer USD and lower oil lift metals. Rising lows from the 52.06 London low sit under the move, and the breakout bar's 53.18 spike low is the first reference beneath.
Support: 53.18, 53.03, 52.46
Resistance: 53.44, 53.525
What it said to watch
M15 acceptance above the 53.525 session high clears the 53.45–53.50 channel cap flagged in the digest
Close back below the 53.03 range top would mark the spike as a false break
Loss of the 53.18 spike low exposes the 50% retracement near 52.79
Fed's Waller (Tue 09:00 GMT) and US CPI (Tue 13:30 GMT) could materially shift this read
Broke above the NY range, wick rejection at the session high.
A late-NY spike cleared the 52.45–53.03 NY range and swept the Asian high at 53.442 to a 53.525 session high. It then closed back near 53.26, with a softer USD and lower oil behind the move. RSI(14) sits near 69, short-term hot but not stretched.
Support: 53.032, 52.454
Resistance: 53.442, 53.525
What it said to watch
A 15m close above the 53.525 session high clears the 53.45–53.50 channel cap.
A drop back below the 53.03 NY high would turn the spike into a false break. 52.97, the 38.2% retracement of the London low fib, sits just below it.
Failure to hold the NY rising lows trendline near 52.60 re-exposes the 52.45 range low.
Waller (Tue 09:00 GMT) and US CPI (Tue 13:30 GMT) could materially shift this read.
19:33 UTC
Range after Asia spike, higher lows into late NY · RSI 54 · price 52.866
NY range 52.45–53.03 inside the 51.45–53.44 Monday swing.
Silver gapped down to 51.45 at the open, then rallied to the 53.44 Asia high on the weaker USD and lower oil. It bottomed at the 52.06 London low and has since held a 52.45–53.03 NY range, with the NY low sitting on the 50% retrace of the Asia rally fib. Late-NY higher lows off the 52.60 swing low have price testing the 52.93 late high, RSI(14) neutral near 54.
Support: 52.60, 52.454, 52.06
Resistance: 52.932, 53.032, 53.442
What it said to watch
M15 close above the 53.03 NY high breaks the NY range and puts the 53.44 Asia high back in view
Loss of the 52.60 swing low and the higher-lows trendline returns price to the 52.45 NY low / 50% fib
Break below 52.45 exposes the 61.8% fib near 52.21 and the 52.06 London low
Fed's Waller (Tue 09:00 GMT) and US CPI (Tue 13:30 GMT) could materially shift this read
19:17 UTC
Sideways after Asian spike and London fade · RSI 50 · price 52.777
NY range 52.45–53.03, price mid-range at 50% fib.
Silver ran from the weekend gap-down at 51.45 to the 53.44 Asia high as lower oil on Iran de-escalation eased inflation fears. London faded it to 52.06, and NY has held a 52.45–53.03 range: a double low at 52.45 below, the ny highs at 52.88 capping near the 61.8% fib, and a rejection at the 53.03 session high. Late NY sits at 52.78 on the 50% fib with RSI(14) ~50. No break in play.
Support: 52.56, 52.45, 52.06
Resistance: 52.88, 53.03, 53.44
What it said to watch
M15 close above the 52.88 ny highs and 53.03 session high breaks the NY range and puts the 53.44 asia high back in view
Loss of the late ny low at 52.56, then the 52.45 double low, reopens the 52.06 london low
Waller 09:00 GMT and US CPI Tue 13:30 GMT could break this range either way
19:03 UTC
Sideways after Asia spike and London unwind · RSI 49 · price 52.765
NY range 52.45–53.03, compressing 52.56–52.88.
Asia ran from the 51.45 gap-down open to the 53.44 Asia high as oil fell on US-Iran talk hopes. London unwound most of that move to the 52.06 London low. Late NY is holding a 52.45–53.03 range after rejection at the 53.03 NY high, and price is now compressing near 52.76 between the 52.56 pullback low and the 52.88 range top, around the 38.2% of the London low–NY high leg.
Support: 52.56, 52.45, 52.06
Resistance: 52.88, 53.03, 53.44
What it said to watch
M15 close above the 53.03 NY high breaks the range and brings the 53.44 Asia high / 53.45–53.50 channel top into play
Loss of the 52.56 pullback low and the 52.45 NY lows exposes the 52.06 London low
Repeated failure at the 52.88 range top keeps the compression read intact
Waller at 09:00 GMT and US CPI Tue 13:30 GMT (y/y f/c 3.9%) could materially shift this read
18:32 UTC
Rangebound after Asia spike and London unwind · RSI 56 · price 52.765
NY range 52.45–53.03 around 50% retracement.
Asia ran from the 51.45 gap-down open to the 53.44 asia high as oil fell on Iran ceasefire hopes. London unwound most of that to 52.06, and NY has since rotated inside 52.45–53.03, centred on the 50% retracement of the asia high–london low fib. The 53.03 session high was rejected mid-NY. Buyers have defended the 52.56 range floor repeatedly into the late NY session.
Support: 52.56, 52.45, 52.06
Resistance: 52.88, 53.03, 53.44
What it said to watch
M15 close above the 52.88 range cap reopens the 53.03 session high and the 61.8% fib near 52.91
Failure to hold the 52.56 range floor exposes the 52.45 session low
Loss of 52.45 brings the 52.06 london low back into play
Asia high at 53.44 sits just under the 53.50 channel top flagged in the digest
Waller at 09:00 GMT and US CPI at 13:30 GMT Tue could materially shift this read
18:17 UTC
Sideways after the Asia spike faded · RSI 50 · price 52.666
NY range 52.45–53.03 nested inside the 52.06–53.44 Asia/London range.
The Asia spike to the 53.44 asia high came as lower oil on Iran de-escalation hopes lifted silver. It retraced to a 52.06 london low at London open. NY has since held a 52.45–53.03 range: the ny low was tested twice and the ny high push was rejected back to mid-range. Price now sits between the 38.2% and 50% fib of the Asia drop, with RSI(14) flat at 50, just under EMA20/50, and rising lows intact.
Support: 52.45, 52.06
Resistance: 53.03, 53.44
What it said to watch
M15 close above the 53.03 ny high opens a retest of the 53.44 asia high
Failure to hold the 52.45 ny low breaks the rising lows line and exposes the 52.06 london low
Late headlines from the Trump–Qatar PM meeting on Iran could jolt oil and this range
Waller Tue 09:00 GMT and US CPI Tue 13:30 GMT (y/y f/c 3.9%) are the next range-break risks
18:05 UTC
Sideways after Asia spike, momentum flat · RSI 44 · price 52.62
Range 52.45–53.03 since London open, lower high at NY high.
The Asia rally ran from 51.45 to a 53.44 Asia high as lower oil followed Trump downplaying Iran action, then faded to the 52.06 London low. Since then price has ranged above the 52.45 swing low, which sits on the 50% retracement, and the NY high at 53.03 was rejected. Price is now drifting mid-range below EMA20 with RSI(14) near 44.
Support: 52.45, 52.06
Resistance: 52.88, 53.03, 53.44
What it said to watch
M15 close below the 52.45 swing low breaks the range floor and exposes the 52.06 London low
Close above the 53.03 NY high, clearing the 52.88 swing high, reopens the 53.44 Asia high
Outcome of the Trump–Qatar PM meeting and oil headlines could shift the read before Asia
Waller (09:00 GMT) and US CPI (Tue 13:30 GMT) could materially shift this read
17:47 UTC
Intraday range, recovering from London low · RSI 48 · price 52.601
NY range 52.45–53.03 with higher lows off 52.06; session-high rejection.
Silver gapped lower at the Asia open, spiked to the 53.442 Asia high and faded to the 52.06 London low. A softer USD and lower oil have since lifted it back into a 52.45–53.03 NY range, where a rejection at the 53.03 session high has returned price to the 38.2% retrace near 52.59 late in the NY session, just under EMA20/EMA50 with RSI(14) neutral at 48.
Support: 52.454, 52.06
Resistance: 53.032, 53.442
What it said to watch
Break below the 52.45 NY low reopens the 52.06 London low and ends the higher-lows sequence
Close back above the 53.03 session high puts the 53.44 Asia high back in focus
Fed's Waller (Tue 09:00 UTC) and US CPI (Tue 13:30 UTC) could materially shift this read
Oil and US-Iran headlines after today's Trump–Qatar meeting have been driving USD swings
17:32 UTC
Intraday recovery, stalling below NY high · RSI 50 · price 52.664
Higher lows since London low, capped at 53.03.
Asia filled Sunday's gap-down and ran to the 53.442 Asia high before London faded it to 52.06. NY has printed higher lows at 52.454 and 52.56 on a softer dollar and lower oil, but the 16:00 UTC push to 53.03 was rejected near the 61.8% fib retrace. Price is now compressing around 52.66 after London close, with RSI flat at 50.
Support: 52.56, 52.454, 52.06
Resistance: 53.032, 53.442
What it said to watch
M15 close above the 53.03 ny high reopens the 53.442 asia high
Break below the 52.56 higher low exposes the 52.454 ny low and rising support
Loss of the 52.06 london low ends the recovery read
Trump–Qatar/Iran headlines and oil moves are the main late-session risk into Tuesday's CPI
17:17 UTC
Intraday recovery from London low, stalling below 53.03 · RSI 51 · price 52.672
Late-NY range 52.45–53.03 beneath a lower-highs line from the Asia high.
Silver's rebound from the 52.06 London low hit 53.03 at 14:30 UTC and was rejected. It now sits at the 38.2% retracement of the 52.06–53.03 leg near 52.66, inside a 52.45–53.03 NY range. Highs stay capped by the lower-highs line from the 53.44 Asia high, while a softer USD and the oil slide keep dips shallow. RSI(14) is flat near 51.
Support: 52.56, 52.454, 52.06
Resistance: 53.032, 53.442
What it said to watch
M15 close below the 52.56 swing low exposes the 52.45 NY low and the 61.8% fib near 52.43
Loss of the 52.45 NY low reopens the 52.06 London low
Close above the 53.03 NY high breaks the lower-highs line and puts the 53.44 Asia high in play
Fed's Barkin (17:15 UTC) and Trump–Qatar headlines could move USD into the close; US CPI Tue 13:30 UTC is the main risk to this range
17:04 UTC
Range-bound after Asia spike faded · RSI 53 · price 52.722
NY range 52.45–52.88 with higher lows, capped after rejection at 53.03.
The Asia spike off the weekend-gap low ran to the 53.442 Asia high, then faded into London open to the 52.06 London low. Since then price has rotated between the 52.454 range floor and the 52.884 range top, with higher lows building on softer USD and lower oil. A NY push to the 53.032 NY high was rejected back to a 52.56 swing low, leaving price pinned near the 50% retrace of the Asia-London drop at 52.75.
Support: 52.56, 52.454, 52.06
Resistance: 52.884, 53.032, 53.442
What it said to watch
M15 close above the 52.884 range top and 53.032 NY high reopens the 53.442 Asia high
Loss of the 52.56 swing low and 52.454 range floor breaks the higher-low sequence and exposes the 52.06 London low
Fed's Barkin at 17:15 UTC and Trump–Qatar headlines on Iran and oil could shift this read
US CPI Tue 13:30 UTC is the main event risk; pre-CPI ranges tend to compress
16:54 UTC
Sideways after Asia spike and London fade · RSI 49 · price 52.663
52.45–52.88 range on rising lows; NY false break to 53.03 rejected.
Asia ran from the 51.45 Sunday gap low to the 53.44 asia high, then London faded it to the 52.06 london low. Since then price has held a 52.45–52.88 range on rising lows, near the 61.8% retrace of that drop. The NY push to the 53.03 ny high was rejected straight back inside the range, with RSI(14) neutral near 49 as a softer USD offsets Fed hike pricing.
Support: 52.45, 52.06
Resistance: 52.88, 53.03, 53.44
What it said to watch
Fed's Barkin at 17:15 UTC and the Trump–Qatar PM meeting at 17:00 GMT could materially shift this read
M15 close below the 52.45 range low breaks the rising lows and exposes the 52.06 london low
Close back above the 53.03 ny high negates the false break and reopens the 53.44 asia high
Range high at 52.88 sits at the 61.8% retrace; this is an area to watch for rejection or break
Waller (Tue 09:00 UTC) and US CPI (Tue 13:30 UTC) are the next scheduled volatility risks
16:31 UTC
Range after Asia spike and London selloff · RSI 54 · price 52.675
NY range 52.45–52.88, false break above top.
Silver spiked to the 53.44 Asia high on Iran-peace hopes and lower oil, then retraced to the 52.06 London low before settling into a 52.45–52.88 NY range. The 16:00 UTC push to a 53.03 spike high near the 61.8% fib was rejected straight back inside the range, and price now sits on EMA20 with RSI neutral near 54.
Support: 52.455, 52.06
Resistance: 52.88, 53.03, 53.44
What it said to watch
M15 close back above the 52.88 range top would negate the false break and put the 53.03 spike high back in focus
Failure to hold the 52.455 range low breaks the rising lows line and exposes the 52.06 London low
Trump–Qatar PM meeting at 17:00 UTC and Fed's Barkin at 17:15 UTC could shift this read ahead of Tuesday's 13:30 UTC CPI
16:16 UTC
Recovering intraday, rising lows since London · RSI 58 · price 52.947
NY range 52.45–52.88, testing break of range top.
Asia ran the Monday gap from 51.45 to the 53.44 Asia high before London unwound it to the 52.06 London low. NY held a 52.45–52.88 range off rising lows, and the latest push to the 53.03 NY high is pressing above the range top near the 61.8% retrace as softer USD on Iran/oil headlines lifts silver. RSI(14) near 58 is not stretched.
Support: 52.884, 52.454, 52.06
Resistance: 53.032, 53.442
What it said to watch
M15 close back below the 52.88 range top turns the push into a false break
Acceptance above the 53.03 NY high opens the 53.44 Asia high
Loss of the 52.45 NY lows breaks the rising-lows line from the 52.06 London low
Trump–Qatar PM meeting 17:00 GMT and Barkin 17:15 GMT could shift tone after London close
16:03 UTC
Recovering intraday, range-bound in NY · RSI 56 · price 52.843
Higher lows off London low, capped at NY session high.
Silver spiked from the Monday gap open at 51.45 to a 53.44 asia high as oil eased on Iran headlines and the USD softened. It then faded to a 52.06 london low before rebuilding. NY has held a 52.45–52.88 range: the ny low held twice and price is pressing the session high, just under the 61.8% fib of the Asia-London drop near 52.91, with RSI(14) neutral at 56.
Support: 52.45, 52.06
Resistance: 52.88, 53.44
What it said to watch
M15 close above the 52.88 session high and 61.8% fib breaks the NY range and exposes 53.27 then the 53.44 asia high
Loss of the 52.45 ny low and the rising-lows trendline reopens the 52.06 london low
Trump–Qatar PM meeting 17:00 GMT and Fed's Barkin 17:15 GMT could shift this read
US CPI Tue 13:30 GMT is the larger swing risk for the range
NY range 52.45–52.88 inside Asia high / London low.
Silver gapped down to 51.45 at the open, then rallied to the 53.44 Asia high as oil eased and USD softened. London unwound that move to the 52.06 London low. NY is ranging between the 52.45 NY range low, tested twice, and the 52.88 session high, which sits near the 61.8% of the Asia high–London low fib, with RSI(14) flat near 52.
Support: 52.454, 52.06
Resistance: 52.884, 53.442
What it said to watch
M15 close above the 52.88 session high breaks the NY range and exposes the 53.44 Asia high
Loss of the 52.45 NY range low also breaks rising support from the London low, reopening 52.06
Trump–Qatar PM meeting (17:00 GMT) and Fed's Barkin (17:15 GMT) could break the NY range; US CPI Tue 13:30 GMT is the larger risk
15:32 UTC
Sideways after Asia spike and fade · RSI 51 · price 52.683
52.45–52.88 intraday range inside the wide Asian range.
Asia ran from the 51.45 gap-down open to a 53.44 Asian high as falling oil eased Fed-hike pressure, then faded to a 52.06 swing low before London. Since then price has held a 52.45–52.88 range through the London-NY transition. The range top sits just under the 61.8% retracement of that fade, with RSI(14) flat at 50 and price hugging both EMAs.
Support: 52.454, 52.06
Resistance: 52.884, 53.442
What it said to watch
M15 close above the 52.88 range top clears the 61.8% retracement and exposes the 53.44 Asian high
Failure to hold the 52.45 range low reopens the 52.06 swing low
Trump–Qatar Iran talks (17:00 GMT) and Fed's Barkin (17:15 GMT) during NY hours could shift this read; US CPI Tue 13:30 GMT is the larger risk
15:16 UTC
Sideways after Asia spike and London fade · RSI 49 · price 52.631
52.45–52.88 range since late London, lows held twice.
Asia ran to the 53.44 asia high, then faded to a 52.06 london low. Price has since held a 52.45–52.88 range through the London-NY transition, with the range high rejected near the 61.8% of the asia drop fib. RSI(14) near 49 and flat EMAs below price fit the range read; a softer USD on US-Iran headlines and lower oil has kept dips shallow.
Support: 52.45, 52.06
Resistance: 52.88, 53.44
What it said to watch
M15 close above the 52.88 range high clears the 61.8% of the asia drop and opens the path to the 53.44 asia high
Failure to hold the 52.45 range low, defended twice in NY, exposes the 52.06 london low
Trump–Qatar PM meeting at 17:00 GMT and Barkin at 17:15 GMT could break the range
US CPI Tue 13:30 GMT is the main swing factor for silver
15:03 UTC
Post-Asia fade stalled, sideways in NY · RSI 45 · price 52.643
Compression range 52.45–52.88 below the 53.44 Asia high.
Asia ran from the 51.45 gap-open to a 53.44 high on lower oil and a softer USD. London faded that move to 52.06. Since late London, price has compressed into a 52.45–52.88 range that spans the 38.2–61.8% retracement of that drop, with three rejections at the range top and the range low holding twice in NY.
Support: 52.45, 52.06
Resistance: 52.88, 53.00, 53.44
What it said to watch
M15 close above 52.88 range top breaks the compression and brings 53.00 round number and the 53.44 Asia high into play
Failure to hold 52.45 range low exposes the 52.06 London low and the 52.00 pivot
Goolsbee (15:00 UTC), the Trump–Qatar PM meeting (17:00 UTC) and Barkin (17:15 UTC) could break the range during NY hours
14:32 UTC
Intraday recovery, stalling below NY high · RSI 51 · price 52.604
Higher lows off London low, capped at 52.88.
The Asia spike to the 53.44 asia high fully faded into a 52.06 london low. Since then a softer USD and lower oil have helped NY print higher lows, but price was rejected at the 52.88 ny high, just shy of the 61.8% retrace. Price is now leaning on the rising trendline near 52.58, sitting under both EMAs with RSI(14) neutral at 51.
Support: 52.459, 52.06
Resistance: 52.884, 53.442
What it said to watch
M15 close below the 52.46 ny low breaks the rising trendline and the higher-low sequence, exposing the 52.06 london low
Close above the 52.88 ny high clears the 61.8% retrace at 52.91 and brings the 53.44 asia high back into play
Fed's Goolsbee (15:00 UTC) and Barkin (17:15 UTC) could jolt USD; US CPI Tue 13:30 UTC is the larger event risk
14:17 UTC
Range-bound after Asia spike faded · RSI 54 · price 52.684
52.46–52.88 range, higher lows off 52.06.
Asia ran from 51.45 to the 53.44 asian high on the softer USD and lower oil. London sold back to the 52.06 london low, then a recovery built a 52.46–52.88 range that early NY has kept intact. The range top has rejected four times just under the 61.8% retrace of the Asia-London drop, with RSI(14) near 54 and price pinned on EMA20/50.
Support: 52.46, 52.06
Resistance: 52.88, 53.44
What it said to watch
M15 close above 52.88 range top clears the 61.8% retrace and opens 53.18–53.44 toward the asian high
Close below 52.46 range low and the rising lows line exposes the 52.06 london low
Goolsbee at 15:00 GMT and the Trump–Qatar PM meeting at 17:00 GMT could break the range; US CPI Tue 13:30 GMT is the larger risk
14:05 UTC
Recovering intraday, capped below range top · RSI 59 · price 52.833
Higher lows since London open, 52.46–52.88 range.
The Asia rally to the 53.44 Asia high, on softer oil and a weaker USD, gave back most of its gains into the 52.06 London low. Since then, higher lows have built a 52.46–52.88 range. In the first hour of NY, price is pressing the range top near the 61.8% of the Asia-London fib, with RSI(14) at 59 and well short of an extreme.
Support: 52.46, 52.06
Resistance: 52.88, 53.27, 53.44
What it said to watch
M15 close above 52.88 range top opens the 53.27 swing high, then the 53.44 Asia high
Loss of the 52.46 range low breaks the higher-lows chain and exposes the 52.06 London low
Fed's Goolsbee (15:00 GMT) and Barkin (17:15) could shift Dec hike odds; US CPI Tue 13:30 GMT is the larger range-break risk
52.46–52.86 range above a rising trendline from the London low.
The Asia rally to the 53.44 asia high, on softer oil and USD, unwound to a 52.06 london low. The recovery has since settled into a 52.46–52.86 range, capped just under the fib 61.8 retracement at 52.91. The first NY bars were rejected near 52.83, leaving price pinned around EMA20 with RSI(14) neutral at ~51.
Support: 52.46, 52.06
Resistance: 52.86, 52.91, 53.44
What it said to watch
An M15 close above the 52.86 range top brings the 52.91 fib 61.8 and the 53.44 asia high back into view
A break below the 52.46 range floor and the rising trendline exposes the 52.06 london low
Fedspeak (Goolsbee 15:00 UTC, Barkin 17:15) and the 17:00 GMT Trump–Qatar meeting could shift hike pricing and oil, and with it this range
Higher lows off the London low, flat top at 52.86.
Asia ran from the 51.45 gap-open to 53.44 as oil slid on Trump's Iran comments. London gave most of it back to a 52.06 london low before a higher-low recovery. Into the NY open price is boxed between the 52.46 swing low and a twice-rejected 52.86 london high, near the 50% retracement of that drop, with RSI(14) a neutral 54.
Support: 52.459, 52.406, 52.06
Resistance: 52.858, 52.914
What it said to watch
M15 close above the 52.86 london high clears the double rejection and brings the fib 61.8 at 52.91 into play
Loss of the 52.46 swing low and the 52.41 higher low breaks rising support and reopens the 52.06 london low
Bowman 13:40 UTC, Goolsbee 15:00 and the Trump-Qatar meeting at 17:00 GMT could shift USD pricing and this read; US CPI Tue 13:30 UTC is the larger risk
Asia spike to 53.44, London fade to 52.06, recovery capped at 50–61.8% fib.
Silver rallied from the weekend-gap open near 51.45 to a 53.44 Asia high on lower oil after Trump's Iran comments, then London faded it to 52.06. The rebound stalled twice at 52.85, inside the 50–61.8% fib of the Asia-London drop. The 13:00 UTC bar's rejection sent price back to a 52.46 pullback low, with price now just under both EMAs and RSI(14) flat near 50 at the London-NY transition.
Support: 52.459, 52.06, 52.00
Resistance: 52.855, 53.00, 53.442
What it said to watch
M15 close above the 52.85 double top reopens the 53.00 round number and the 53.44 Asia high
Failure to hold the 52.46 pullback low exposes the 52.06 london low and the 52.00 pivot
Fed's Bowman (13:40 GMT) and Goolsbee (15:00 GMT) could shift December hike pricing early in NY session
Trump–Qatar meeting at 17:00 GMT: oil and Iran headlines have been driving swings in silver
13:04 UTC
Recovering within a session pullback, momentum moderate · RSI 61 · price 52.726
Higher lows off London low, capped by twin highs at 52.86.
Silver opened with a gap down at 51.45 and rallied through Asia to a 53.44 Asia high as oil slid on Trump's Iran comments, then sold off in London to a 52.06 London low just above the 52.00 pivot. Since then it has built higher lows at 52.41 and 52.61, with twin highs at 52.86 capping the move near the 50–61.8% retrace into the London-NY transition.
Support: 52.611, 52.406, 52.06
Resistance: 52.858, 53.00, 53.442
What it said to watch
M15 close above the 52.86 twin highs opens the 53.00 round number, then the 53.44 Asia high
Loss of the 52.61 swing low breaks the higher-low chain and turns focus to the 52.41 higher low
Break of the London low at 52.06 would put the 52.00 pivot under pressure
Fed's Bowman at 13:40 GMT, plus Goolsbee and Barkin later in NY session, could move hike pricing and this read
Trump-Qatar meeting at 17:00 GMT: Iran/oil headlines have been driving silver swings
12:32 UTC
Intraday recovery, higher lows from London low · RSI 58 · price 52.675
HL chain off 52.06, pullback from 52.86 swing high, inside Asian range.
Silver gapped down to 51.45 at the open, ran to a 53.44 Asian high, then sold off into a 52.06 London low as the firmer post-NFP dollar capped gains. Since then higher lows have lifted price through the 52.48 consol base to a 52.86 swing high. It is now holding the 52.62 pullback low on the rising trendline, above the 38.2% fib of the 52.06–52.86 leg, with RSI(14) near 58 and price still inside the Asian range ahead of the NY open.
Support: 52.615, 52.48, 52.06
Resistance: 52.858, 53.00, 53.442
What it said to watch
M15 close below the 52.615 pullback low and rising trendline exposes the 52.48 consol base; losing that breaks the higher-low chain toward the 52.06 London low
Close above the 52.86 swing high opens the 53.00 round number, with the 53.44 Asian high as range top
ADP (13:15 GMT) and Fed's Bowman (13:40 GMT) around the NY open could materially shift this read; US CPI Tue 13:30 GMT is the larger risk
Asia ran from the 51.45 gap-down open to a 53.442 asia high as oil eased on Iran headlines, then faded to a 52.06 london low before London built higher lows near 52.478. The late-London push to the 52.858 session high was rejected just under the 61.8% of the Asia–London fib. Price is holding just above EMA20 and EMA50 ahead of the NY open.
Support: 52.478, 52.06
Resistance: 52.858, 53.442
What it said to watch
M15 close above the 52.858 session high reopens the path toward the 53.442 asia high
Break of the 52.478 higher low and the rising lows line exposes the 52.06 london low and the $52.00 pivot
Fed's Bowman (13:40 GMT) and Goolsbee (15:00 GMT) during NY hours could shift this read; Tuesday's US CPI is the larger risk
Higher lows from 52.06 London low, capped at 52.86 session high.
Monday gapped down to 51.45, then Asia ran to a 53.44 Asian high near the $53.50 cap as oil slid on Iran de-escalation, before fading to the 52.06 London low. London has built higher lows along a rising trendline, but the 52.86 session high was rejected short of the 61.8% of the Asia-London fade fib (52.91), and RSI(14) sits neutral at 49.
Support: 52.48, 52.06
Resistance: 52.858, 53.442
What it said to watch
Loss of the 52.48 higher low and the rising trendline breaks the London higher-low chain and exposes the 52.06 london low
Close above the 52.86 session high and the 61.8% fade fib at 52.91 reopens the 53.44 asian high
Fed's Bowman (13:40 GMT) and Goolsbee (15:00 GMT) speak just after NY open and could shift December hike pricing and this read
11:32 UTC
Recovering within an intraday downswing · RSI 49 · price 52.693
Consolidation breakout, stalling at 50% retracement.
The Asia-session spike to the 53.442 Asian high fully unwound into a 52.060 London low, with oil-led gains fading against a firm USD after Friday's payrolls beat. Price then broke above the 52.45–52.63 consolidation and printed a 52.768 London high at the 50% fib of that drop; RSI(14) is neutral near 49.
Support: 52.626, 52.45, 52.06
Resistance: 52.768, 52.914, 53.442
What it said to watch
Holding above the 52.63 range top keeps the breakout intact; a slip back below the 52.45 range floor turns it into a false break
A close above the 52.77 London high and 50% fib opens the 61.8% fib at 52.91, with the 53.44 Asian high above that
Failure at the 50% fib and a drop through 52.45 puts the 52.06 London low back in focus
Fed's Bowman (13:40 GMT) and Goolsbee (15:00), plus the Trump–Qatar Iran meeting (17:00), fall in NY hours and could shift this read
Higher low at 52.41 off the 52.06 London low; tight range capped near 52.63.
Monday's gap-down open at 51.45 filled fast, and silver ran to a 53.44 Asia high as lower oil on Iran headlines eased hike pressure. That move fully unwound into the London open, bottoming at 52.06. Since then price has held a tight 52.41–52.63 band, capped at the 38.2% fib of the Asia high-to-London low drop and holding a rising higher-low line.
Support: 52.406, 52.06, 52.00
Resistance: 52.626, 52.751, 53.442
What it said to watch
M15 close above the 52.63 London high opens the fib 50% at 52.75
Loss of the 52.41 higher low breaks the rising support line and exposes the 52.06 London low and the 52.00 pivot
Bowman 13:40 and Goolsbee 15:00 GMT during NY hours could shift the read via December hike odds; the Asia high at 53.44 stays the session ceiling
11:04 UTC
Pullback from Asian high, rebound stalling · RSI 47 · price 52.532
London low 52.06 then higher lows; compressing 52.40–52.63 below 38.2% fib.
Asia ran from 51.45 to the 53.44 asian high as lower oil on Iran headlines eased hike pressure. London then faded the move to 52.06. The rebound has stalled at the 52.63 session high near the 38.2% fib, and price is compressing 52.40–52.63 into the London-NY transition.
Support: 52.406, 52.06
Resistance: 52.626, 53.442
What it said to watch
M15 close above 52.63 session high reopens the 53.00 area, with the asian high at 53.44 beyond
Failure to hold the 52.40 pullback low exposes the london low at 52.06 and the 52.00 pivot
Fed's Bowman (13:40 GMT) and Goolsbee (15:00 GMT) during NY hours could break the range; US CPI Tue 13:30 GMT is the larger risk
Lower high off Asia peak; London higher lows, compressing.
Asia ran from 51.57 to the 53.442 Asian high on lower oil from Iran de-escalation, then unwound to the 52.06 session low into London open as firmer post-NFP USD capped gains. London has rebuilt to a 52.626 session high, stalling at the 38.2% retracement of that drop, with a 52.406 higher low beneath. Price is pinned to ema20 and RSI(14) sits near 48.
Support: 52.406, 52.06, 52.00
Resistance: 52.626, 52.751, 53.442
What it said to watch
M15 close above 52.626 session high opens the fib 50% at 52.751, then 61.8% at 52.914
Loss of the 52.406 higher low breaks the London recovery and puts the 52.06 session low back in play
Break of the 52.00 round number (digest's doji pivot) exposes Friday's range lows
Asian high at 53.442 remains the day's cap; only a recovery through 52.914 brings it into view
Fed's Bowman 13:40 GMT and Goolsbee 15:00 GMT during NY hours could shift USD and this read
The Asia rally on softer oil and a weaker USD peaked at the 53.44 asia high, then London unwound it to the 52.06 london low, just above the 52.00 pivot. The rebound has printed a higher low at 52.41 but has stalled twice at the 52.63 session high, which sits on the 38.2% fib. RSI is near 48, with price just above flat EMAs.
Support: 52.41, 52.06, 52.00
Resistance: 52.63, 52.91, 53.44
What it said to watch
M15 close above the 52.63 session high opens the 52.75–52.91 zone (50% to 61.8% fib), where the 52.94 breakdown shelf also sits
Failure to hold the 52.41 higher low exposes the 52.06 london low and the 52.00 pivot
Fed speakers Bowman (13:40 GMT) and Goolsbee (15:00 GMT) could shift December hike pricing and this read
Reclaiming the 53.44 asia high would negate the fade from the Asia peak
10:18 UTC
Post-Asia pullback, stabilising in London · RSI 49 · price 52.566
London higher lows from 52.06; capped at 38.2% of Asia drop.
Asia ran from the 51.45 Sunday gap low to 53.44 as lower oil helped silver, then faded to a 52.06 session low before London open with the firm post-NFP USD capping the move. London has printed higher lows at 52.06 and 52.406 and is pressing the 52.626 london high at the 38.2% fib of the Asia drop. RSI(14) sits near 49 and price is just above a flat ema cluster around 52.52.
Support: 52.52, 52.406, 52.06
Resistance: 52.626, 52.75, 52.94
What it said to watch
M15 close above the 52.626 london high opens the 50% fib at 52.75, then the 52.94 asia shelf where the Asian consolidation base gave way
Failure to hold the 52.406 higher low breaks the London higher-low chain and exposes the 52.06 session low
Fed's Bowman (13:40 GMT) and Goolsbee (15:00 GMT) during NY hours could materially shift this read ahead of Tuesday's US CPI
10:05 UTC
Pullback recovery, flat at EMAs · RSI 48 · price 52.562
Asia spike to 53.44 unwound to 52.06; London bounce capped at 38.2% fib.
Asia ran from the 51.45 gap-down open to 53.44 on lower oil, but the move was rejected and unwound to the 52.06 session low by early London as firm USD and December hike pricing reasserted. The London bounce has stalled at the 52.59 London high, which is the 38.2% fib of the drop. Price is coiling on top of the 52.40 London base, pinned to EMA20/EMA50 (~52.51–52.56), with RSI(14) neutral at 48.
Support: 52.40, 52.06, 52.00
Resistance: 52.59, 52.75, 52.94
What it said to watch
M15 close above the 52.59 London high / 38.2% fib opens the 50% fib at 52.75
Above the 50% fib, the 52.94 Asia shelf and the lower highs line off 53.44 sit near 52.90
Failure to hold the 52.40 London base exposes the 52.06 session low and the 52.00 pivot
Fed's Bowman (13:40 GMT) and Goolsbee (15:00 GMT) during NY hours could shift this read; US CPI Tue 13:30 GMT is the larger risk
09:49 UTC
Pullback from Asian high, bounce stalling · RSI 47 · price 52.494
Asian rally fully extended, London retraced ~70%; now coiling below fib 38.2.
Asia ran from the 51.45 gap low left by the weekend gap-down open to a 53.442 Asian high as lower oil eased hike fears. London then unwound most of the move to a 52.06 London low. The bounce has been capped by rejection at the 52.587 fib 38.2, and price is coiling 52.41–52.59 under both EMAs with RSI(14) neutral near 47.
Support: 52.406, 52.06, 51.45
Resistance: 52.587, 52.751, 53.442
What it said to watch
M15 close above 52.587 fib 38.2 opens the fib 50 at 52.751
Failure to hold the 52.406 higher low exposes the 52.06 London low, then the 51.45 gap low
Asian high at 53.442 remains the session ceiling; reclaiming it would void the pullback read
Fed's Bowman (13:40 GMT) and Goolsbee (15:00 GMT) during NY hours, and Tuesday's US CPI, could materially shift this read
Lower highs from 53.44 Asia high; London bounce capped at 38.2%.
Asia ran from 51.57 to 53.44 as oil slid on Iran-diplomacy headlines, then gave it back through late Asia to a 52.06 session low just before London. London's rebound stalled at 52.587, the 38.2% fib of that drop, and price is now holding a 52.406 higher low below EMA20 with RSI(14) near 39.
Support: 52.406, 52.06
Resistance: 52.587, 52.751, 52.94
What it said to watch
M15 close above the 52.587 38.2% fib opens the 50% fib at 52.751, with the 52.94 Asia shelf above that
Failure to hold the 52.406 higher low puts the 52.06 session low and the $52.00 pivot back in play
Fed's Bowman (13:40 GMT) and Goolsbee (15:00 GMT) could move Dec hike odds and materially shift this read
09:17 UTC
Pullback from Asian high, London bounce stalling · RSI 51 · price 52.543
Lower highs from 53.44, London low 52.06, fresh higher low at 52.45.
Monday's gap-down open at 51.45 was filled in an Asia rally to the asian high at 53.44 on softer oil. That high was rejected just under the 53.45–53.50 cap, and the fade extended into the London open to 52.06. The bounce from there is stalling at the 38.2% fib near 52.59, with RSI(14) neutral at 51 and price pinned to the EMA20/EMA50 cluster around 52.52–52.55.
Support: 52.45, 52.06, 52.00
Resistance: 52.59, 52.75, 53.44
What it said to watch
M15 close above the 52.59 38.2% fib opens the 50% fib at 52.75; failure there keeps the London bounce corrective
Loss of the 52.45 higher low exposes the london low at 52.06 and the 52.00 pivot
Fed speakers (Bowman 13:40, Goolsbee 15:00 GMT) and the Trump–Qatar meeting at 17:00 GMT could shift this read ahead of Tuesday's CPI
09:04 UTC
Pullback from Asia high, lower highs · RSI 44 · price 52.484
Lower highs from 53.44, London bounce off 52.06.
Asia rallied from the 51.45 gap low to a 53.44 Asia high as crude slid on Iran headlines. Lower highs then gave way, and the 52.95 Asia shelf broke into London. The London open extended the drop to a 52.06 London low before a bounce stalled at the 52.56 London high, near the 50% retrace. RSI(14) is in the mid-40s with price below both EMAs.
Support: 52.06, 52.00, 51.45
Resistance: 52.56, 52.95, 53.44
What it said to watch
M15 close above the 52.56 London high reopens the 52.95 Asia shelf
Loss of the 52.06 London low exposes the 52.00 round number pivot, then the 51.45 gap low
Acceptance back above 52.95 puts the 53.44 Asia high in play
Fed's Bowman (13:40 GMT) and Goolsbee (15:00 GMT) could shift hike pricing and this read ahead of Tuesday CPI
Asia high 53.44 faded, 52.93–53.27 shelf broke lower, bounce off 52.06.
Lower oil drove Asia from the post-gap 51.57 low to a 53.44 asia high. The 52.93–53.27 asia shelf then gave way and price printed a 52.06 session low into London open. Early London has bounced about 480 pips to retest the 38.2% fib at 52.59, with price still below EMA20 and EMA50.
Support: 52.06, 52.00
Resistance: 52.59, 52.94, 53.44
What it said to watch
M15 close above the 52.59 38.2% fib puts the 52.94 asia shelf back in play
Rejection at 52.59 followed by a loss of the 52.06 session low exposes the 52.00 psych pivot
Fed's Bowman (13:40 GMT) and Goolsbee (15:00 GMT) during NY hours could materially shift this read ahead of Tuesday's US CPI
08:32 UTC
Intraday downtrend from Asia high, early London bounce · RSI 35 · price 52.362
Lower highs and lows off 53.44, holding 52.06 session low.
Silver ran from the 51.45 gap-down open to a 53.44 Asia high on softer crude. Supply capped it under the 53.45–53.50 zone and late Asia gave back about 70% of the rally into a 52.06 session low. The London open bounce has RSI(14) near 35, with price below both EMAs and still under the 50% fib at 52.50 and the 52.78 broken shelf.
Support: 52.06, 52.00
Resistance: 52.505, 52.78, 53.442
What it said to watch
M15 close back above the 50% fib at 52.50 eases the lower-high sequence; the 52.78 broken shelf sits above that
Failure to hold the 52.06 session low and the 52 pivot confirms a lower-low and exposes the 78.6% retracement near 51.97
Rejection at the Asia high of 53.44 remains the upper boundary of today's range
Fed's Bowman at 13:40 GMT and Goolsbee at 15:00 GMT could shift December hike pricing during NY hours ahead of Tuesday's CPI
Lower highs and lower lows since London broke below the Asian range, shallow bounce off 52.06.
Lower oil drove Monday's Asia rally from the 51.568 gap low to 53.442. Early London has unwound most of it: price broke below the 52.93 Asian floor in a lower-high sequence and printed a 52.060 london low beyond the 61.8% Asia rally fib. The 08:00 bounce stalled at 52.339 with RSI(14) near 31, leaving price just above the 52.00 friday pivot.
Support: 52.06, 52.00, 51.568
Resistance: 52.339, 52.596, 52.934
What it said to watch
M15 close above the 52.339 bounce high breaks the lower-high chain, with the 52.596 lower high next
Loss of the 52.060 london low and the 52.00 friday pivot extends the retrace toward the 51.568 gap low
Reclaim of the 52.934 asian floor would put price back inside the Asian range
Fed speakers (Bowman 13:40, Goolsbee 15:00, Barkin 17:15 GMT) could shift this read; US CPI Tue 13:30 GMT is the larger risk
08:04 UTC
Intraday downtrend off the Asian high, RSI near oversold · RSI 28 · price 52.176
Lower highs and lower lows since 53.44; Asian rally retraced past 61.8%.
Silver opened the week with a gap down to 51.45. Lower oil then lifted it to 53.44 in Asia before a rejection there. The pullback has since run in lower highs and slipped below the 61.8% fib at 52.21, printing a 52.06 session low into London open. RSI(14) is near 28 with price under both EMAs, and the 52.00 pivot is the next test.
Support: 52.06, 52.00, 51.45
Resistance: 52.21, 52.354, 52.95
What it said to watch
M15 close below the 52.00 pivot extends the lower-low chain toward the 51.45 gap low
Reclaim of the 61.8% fib at 52.21 and the 52.35 Friday high would stall the downtrend; the 52.95 Asian shelf sits above
Break of the descending trendline from 53.44 would negate the lower-high sequence
Fed speakers Bowman 13:40 and Goolsbee 15:00 GMT could shift this read ahead of US CPI on Tue at 13:30 GMT
07:48 UTC
Intraday downtrend after the Asia spike · RSI 32 · price 52.132
Lower highs and lower lows from 53.27, price below the 61.8% retracement.
Monday Asia rallied from the 51.45 gap-down open to 53.44 on lower oil. Price has since printed steady lower highs and lower lows and slipped through the 61.8% level of the asia rally fib at 52.21. It now sits just above the 52.00 pivot ahead of London open, with RSI(14) near 32, soft but not oversold.
Support: 52.00, 51.876, 51.45
Resistance: 52.211, 52.363, 52.94
What it said to watch
Loss of the 52.00 pivot exposes the 78.6% fib at 51.88, then the 51.45 asian low
An M15 close back above the 52.36 lower high breaks the lower-high chain and brings the 52.94 range floor back into view
Fed speakers Bowman (13:40 GMT) and Goolsbee (15:00 GMT) could shift USD pricing and this read
07:32 UTC
Intraday downtrend after Asia spike, RSI near oversold · RSI 22 · price 52.252
Lower-high chain from 53.44 Asia high, testing 61.8% fib of the rally.
Silver gapped lower at the Asia open to 51.45, then ran to 53.44 as oil slid on Iran de-escalation. It was rejected just under the 53.45 cap, and a lower-high chain off the asia floor near 52.94 has since unwound most of the move into the London open. Price now sits on the 52.20 session low at the 61.8% rally fib, with RSI(14) near 22 and both EMAs overhead.
Support: 52.198, 52.00, 51.926
Resistance: 52.394, 52.596, 52.94
What it said to watch
Failure to hold the 52.20 session low / 61.8% rally fib exposes the 52.00 psych pivot, then the Friday close at 51.93
Reclaiming the 52.39 broken low and the 52.60 lower high would break the lower-high chain; asia floor at 52.94 above that
Fed speakers from 13:40 UTC (Bowman, Goolsbee, Barkin) and the 17:00 UTC Trump–Qatar Iran meeting could materially shift this read
07:17 UTC
Intraday pullback after Asia spike, momentum stretched lower · RSI 29 · price 52.361
Asian consolidation broken lower, retracing into the 50–61.8% zone of the overnight rally.
Silver gapped lower at the weekly open, then ran from 51.57 to a 53.44 Asia high as oil slid on Iran de-escalation headlines. The 52.94 range low of the Asian consolidation gave way ahead of the London open, and price is now testing the 61.8% fib at 52.28 with RSI(14) near 29 and lower highs stacking from the Asia high.
Support: 52.284, 52.00, 51.926
Resistance: 52.726, 52.934, 53.442
What it said to watch
Hold of the 61.8% fib at 52.28 keeps this a retracement of the Asia rally; a break below exposes the 52.00 round number
Loss of 52.00 puts the fri close at 51.93 and a full weekend-gap fill in focus
Recovery above the 38.2% fib at 52.73 and back inside the 52.94 range low negates the breakdown; the lower highs line from the asia high sits above
London open at 08:00 UTC, Fed's Bowman at 13:40 UTC and the 17:00 UTC Trump–Qatar Iran meeting (via oil) could materially shift this read
07:04 UTC
Pullback within Asian-session rally · RSI 34 · price 52.535
Lower highs off the 53.44 Asian high, retracing to the 50% fib.
Silver filled the weekend gap in Asia, rallying from 51.45 to a 53.44 Asian high on lower oil before rejection just under the 53.50 channel top. A run of lower highs since then has pulled price back to the 50% fib. The 52.39 swing low sits just above Friday's 52.35 NFP-bar high, while the broken 52.79 prior low now caps the bounce into London open.
Support: 52.394, 52.354, 52.00
Resistance: 52.788, 53.442
What it said to watch
M15 close below the 52.39 swing low and the 52.35 Friday high exposes the 61.8% fib near 52.21, then the 52.00 pivot
Reclaim of the 52.79 prior low breaks the lower-high sequence off the Asian high
Fed speakers from 13:40 UTC (Bowman, Goolsbee, Barkin) and Tue CPI could materially shift this read
06:47 UTC
Pullback after Asia rally, short-term lower highs · RSI 42 · price 52.512
Lower highs off 53.44 session high; 52.93 range floor broken, testing 50% fib.
Asia rallied from the 51.45 gap-down open to a 53.44 session high as oil slipped on Iran de-escalation, then printed lower highs and lost the 52.93 range floor late in the Asia session. Price is now near the 50% fib of the Asia rally, with the 52.39 session low sitting just above Friday's high at 52.35, below EMA20 and EMA50 with RSI(14) near 42 ahead of London open.
Support: 52.394, 52.354, 52.00
Resistance: 52.68, 52.93, 53.442
What it said to watch
A close below the 52.35–52.39 friday high / session low zone exposes the 61.8% fib at 52.21 and the 52.00 pivot
A recovery above EMA50 (~52.59) and the 38.2% fib at 52.68 reopens the 52.93 range floor; a break back above that level would neutralise the lower-highs sequence
A move through the lower-highs line from the 53.44 session high would mark a change in intraday structure
Fed speakers from 13:40 UTC (Bowman, Goolsbee, Barkin) could shift December hike pricing; US CPI Tue 13:30 UTC is the larger catalyst
06:33 UTC
Intraday pullback, lower highs off the Asia high · RSI 45 · price 52.517
Lower-high, lower-low sequence from 53.442; retracing the Asia rally.
Sunday's gap-down open at 51.45 was erased in a ~$2.00 Asia rally to 53.442 as oil slipped on Iran de-escalation. That rally met rejection at the high; lower highs at 53.268 and a break of the 52.79 swing low have taken price back under EMA50, toward the 50% fib at 52.45 ahead of London open, with Friday's high at 52.35 just below.
Support: 52.446, 52.354, 52.00
Resistance: 52.788, 53.268, 53.442
What it said to watch
Holding the 50% fib at 52.45 keeps this a retracement of the Asia rally; losing the Friday high at 52.35 exposes the 52.00 pivot
An M15 close back above the broken low at 52.79 stalls the lower-high sequence; 53.268 lower high and 53.442 Asia high remain overhead
Fed speakers Bowman 13:40 and Goolsbee 15:00 UTC could shift December hike odds and the dollar during NY hours
Lower highs from 53.442 Asia high; 52.93 range floor lost, testing pullback low.
Silver filled the Sunday open gap and ran from 51.568 to a 53.442 Asia high as oil slid on Trump's Iran de-escalation comments. Lower highs since then took price through the 52.94 range floor late in the Asia session. It is now testing the 52.78 pullback low just above the fib 38.2 at 52.73, with RSI(14) neutral at 49 and price below EMA20.
Support: 52.78, 52.726, 52.505
Resistance: 52.94, 53.068, 53.442
What it said to watch
Failure to hold the 52.78 pullback low and the fib 38.2 at 52.73 opens the fib 50 at 52.50
Reclaim of the 52.94 range floor negates the range break read
M15 close above the 53.07 lower high breaks the descending trendline sequence, putting the 53.44 Asia high back in play
Bowman 13:40 UTC and the Trump–Qatar Iran meeting at 17:00 UTC could materially shift this read
06:06 UTC
Intraday uptrend, now correcting in lower highs · RSI 47 · price 52.943
Post-rally consolidation 52.79–53.44; lower high at 53.268, lower low at 52.788.
Asia opened with a weekend gap down to 51.45 that filled within an hour, then silver ran to a 53.442 session high as oil slid on Iran de-escalation. Since then the tape has printed a lower high at 53.268 and a swing low at 52.788, holding above the 38.2% fib at 52.68 with RSI(14) near 47 and price sitting on EMA20 into London open.
Support: 52.788, 52.68, 52.354
Resistance: 53.268, 53.442, 53.50
What it said to watch
Failure to hold the 52.788 swing low exposes the fib 38.2 at 52.68, then Friday high 52.354
M15 close above the 53.268 lower high breaks the lower-highs trendline and reopens the 53.442 session high and 53.50 channel top
Fed speakers Bowman 13:40 UTC and Goolsbee 15:00 UTC, plus Trump–Qatar meeting 17:00 UTC, could materially shift this read
Monday gapped lower to 51.45, then Asia rallied about 2.00 through Friday's 52.35 high to a 53.44 session high as oil slipped on Iran de-escalation. Since then price has printed a lower high at 53.27 and slipped under the 52.93 swing low to a 52.79 session low. Late in the Asia session, RSI(14) is near 46 and price sits below EMA20.
Support: 52.788, 52.681, 52.354
Resistance: 53.268, 53.442, 53.50
What it said to watch
Holding the 52.79 session low keeps the pullback shallow, above the 38.2% fib at 52.68
A close above the 53.27 lower high reopens the 53.44 session high and the 53.50 channel top
Losing the 38.2% fib at 52.68 exposes the friday high at 52.35 as the next shelf
London open and Fed's Bowman (13:40 UTC), Goolsbee (15:00 UTC) and the Trump–Qatar Iran talks (17:00 GMT) could materially shift this read
05:32 UTC
Uptrend paused, consolidating below asia high · RSI 56 · price 53.049
Post-gap rally into 52.94–53.44 range, lower high at 53.268.
Monday's Asia session gapped down to 51.45, then rallied ~$2 through the 52.354 Friday high to a 53.442 Asia high as oil slid on Iran de-escalation. Since then price has held a 52.94–53.44 range, with the range low just above the 23.6% fib and a lower high at 53.268. RSI(14) has cooled to the mid-50s.
Support: 52.94, 52.68, 52.354
Resistance: 53.268, 53.442
What it said to watch
M15 close below the 52.94 range low opens the 38.2% fib near 52.68 and the 52.354 Friday high
Close above the 53.268 lower high puts the 53.442 Asia high, just below the 53.45–53.50 channel top, back in play
London open is the first test of the Asian range
Fed's Bowman at 13:40 UTC could shift USD and hike pricing during NY hours
Post-rally range 52.93–53.44, lower high at 53.27, testing floor.
Silver gapped lower at the Asia open, then ran from 51.57 through the friday high at 52.35 to an asian high at 53.44 as oil slipped on Iran de-escalation. Since then price has held a 52.93–53.44 range with a lower high at 53.27 and is back on the range floor, sitting just above EMA20 with RSI(14) near 58.
Support: 52.934, 52.726, 52.354
Resistance: 53.268, 53.442
What it said to watch
M15 close below the 52.93 range floor breaks the Asian consolidation and exposes the 38.2% fib at 52.73
Deeper pullback toward the friday high at 52.35 would retrace about half the Asia rally
Close above the 53.27 lower high reopens the 53.44 asian high, just under the 53.45–53.50 channel top
Bowman at 13:40 UTC and Iran/oil headlines could materially shift this read ahead of Tuesday CPI
05:05 UTC
Sharp Asia rally, now consolidating · RSI 59 · price 53.065
Post-breakout range 52.93–53.27 below session high.
Monday opened with a gap down to 51.45 from Friday's 51.93 close. Asia then reversed it in a near-$2 rally through the 52.35 Friday high to a 53.44 session high, as oil slid on Iran de-escalation. Since 02:00 UTC price has held a 52.93 pullback low and printed a 53.27 lower high, compressing late in the Asia session with RSI(14) near 59.
Support: 52.93, 52.35, 52.00
Resistance: 53.27, 53.44, 53.50
What it said to watch
A break of the 52.93 pullback low exposes the 52.35 Friday high, near the 50% fib of the Asia leg at 52.45
A close above the 53.27 lower high and the 53.44 session high puts the 53.50 channel top in play
Loss of the 52.00 pivot would unwind the entire Asia rally
London open may break the 52.93–53.27 range; Bowman at 13:40 UTC and Tuesday's US CPI are the larger catalysts
Gap down filled, impulsive rally, shallow pullback; higher lows since 52.934.
Monday Asia opened with a ~470-pip gap below Friday's 51.926 close, then filled it and ran to a 53.442 session high as oil slipped on Iran de-escalation. The pullback held 52.934, near the 23.6% fib. Price is grinding back up on rising lows toward the session high and the 53.50 channel top, with RSI(14) near 62.
Support: 52.934, 52.681, 52.354
Resistance: 53.442, 53.50
What it said to watch
M15 close above 53.442 session high tests the 53.50 channel top; rejection there keeps the flag intact
Break of the rising-lows trendline and the 52.934 pullback low exposes the fib 38.2 at 52.681, then the 52.354 Friday high
Fed speakers during NY hours (Bowman 13:40, Goolsbee 15:00, Barkin 17:15 UTC) could shift this read ahead of Tuesday's CPI
Monday Asia gapped down to 51.45 and filled Friday's 51.93 close within the hour. It then ran to a 53.442 session high as oil slid on Iran de-escalation headlines. The pullback held a 52.934 swing low near the 23.6% retracement, and price is now pressing the 53.15 flag top with RSI(14) neutral near 59.
Support: 52.934, 52.794, 52.354
Resistance: 53.442, 53.50
What it said to watch
M15 close above the 53.442 session high puts the 53.50 channel top in play
Loss of the 52.934 swing low breaks the higher-low chain, with the 52.794 pivot low next
Break under the 52.68 38.2% retracement exposes the 52.354 friday high
Fed speakers from 13:40 UTC and oil/Iran headlines could materially shift this read
04:17 UTC
Sharp Asia rally, now pausing · RSI 61 · price 53.078
Compression 52.93–53.15 under lower highs after 53.44 session high.
Monday's Asia session filled the weekend gap and ran from 51.57 to a 53.44 session high as oil slid on Iran de-escalation headlines; RSI(14) has cooled to ~61 from 72 at the peak. Price is compressing between the 52.93 pullback low and a 53.15 lower high, holding above the fib 38.2 at 52.73 of the Asia rally.
Support: 52.934, 52.726, 52.00
Resistance: 53.148, 53.442, 53.50
What it said to watch
M15 close above the 53.15 lower high breaks the lower-highs line and puts the 53.44 session high and 53.50 channel top back in play
Failure to hold the 52.93 pullback low exposes the fib 38.2 at 52.73, then the 52.00 pivot
London open in ~3h may break the current compression range
Fed speakers today (Bowman 13:40 UTC, Goolsbee 15:00 UTC, Barkin 17:15 UTC) could materially shift this read ahead of Tue CPI
Asia breakout above Friday high, now consolidating 52.94–53.35 with a lower high.
Asia session reversed the gap-down open at 51.45 and broke the Friday high near 52.35, peaking at the 53.44 session high as oil slid on Iran de-escalation. Price is now consolidating above the 52.94 session base, which coincides with the 23.6% retracement of the Asia rally fib, and is capped by a lower high at 53.15. RSI(14) has cooled to ~60.
Support: 52.94, 52.68, 52.35
Resistance: 53.15, 53.44, 53.50
What it said to watch
M15 close below the 52.94 session base opens the fib 38.2 level near 52.68, then the Friday high at 52.35
M15 close above the 53.15 lower high puts the 53.44 session high and the 53.50 channel top back in play
London open is the first test of whether the Asia range holds
Fed's Bowman 13:40 UTC and Goolsbee 15:00 UTC today, then US CPI Tue 13:30 UTC, could materially shift this read
Asia impulse leg, shallow pullback holding 23.6% fib.
Monday Asia gapped down to 51.45 and filled fast, then ran through Friday's 52.35 NFP-spike high to a 53.44 session high as oil slid on Iran de-escalation, with RSI(14) peaking near 72. The pullback held the 52.93 pullback low near the 23.6% fib. Price is now basing around 53.10 above the ema20, below the 53.33 minor high.
Support: 52.934, 52.79, 52.68
Resistance: 53.33, 53.442, 53.50
What it said to watch
M15 close above the 53.44 session high puts the 53.50 channel top in play
Close above the 53.33 minor high resumes the HH chain from the pullback low
Failure to hold the 52.93 pullback low exposes the ema20 at 52.79 and the fib 38.2 at 52.68
Fed's Bowman (13:40 UTC), Goolsbee and Barkin later today, with Tue CPI, could materially shift this read
03:32 UTC
Intraday uptrend, pulling back from session high · RSI 58 · price 52.957
Gap filled, breakout above Friday high, now a shallow pullback.
Asia session opened with a gap down to 51.45 that filled within the first hour. Price then broke above the Friday high at 52.35 and ran to a 53.44 session high as the USD softened on hawkish non-US central banks and Iran de-escalation hopes. It has since slipped off the 53.30 shelf and is holding the 52.93 pullback low near the 23.6% fib, with RSI(14) cooled to about 58.
Support: 52.934, 52.794, 52.354
Resistance: 53.32, 53.442, 53.50
What it said to watch
A break of the 52.93 pullback low and the 52.79 swing low exposes the 38.2% fib near 52.68
Acceptance back above the 53.30 shelf puts the 53.44 session high and the 53.50 channel top back in play
A return below the 52.35 Friday high unwinds the Asia breakout
London open will test the Asian range. Fed's Bowman at 13:40 UTC and Tuesday's US CPI are the event risk for this read
03:17 UTC
Sharp Asia rally, now pulling back · RSI 59 · price 52.943
Gap-down reversal broke Friday high; lower highs off 53.44 peak.
Monday's Asia session gapped below Friday's 51.93 close at 51.45, then reversed as the USD softened. The move cleared the 52.35 Friday high (the post-NFP spike) and was rejected at the 53.44 session high, just under the 53.45–53.50 week high. Lower highs near 53.33 have since rolled price back to 52.94, at the 23.6% retrace, with RSI(14) cooling to about 59.
Support: 52.794, 52.681, 52.354
Resistance: 53.33, 53.442
What it said to watch
Failure to hold the 52.79 swing low exposes the fib 38.2 at 52.68, then the Friday high at 52.35
M15 close above the 53.33 lower highs reopens the 53.44 session high and the 53.45–53.50 week high
Fed speakers Bowman (13:40 UTC), Goolsbee and Barkin later Monday, then US CPI Tue 13:30 UTC, could materially shift this read
Asia breakout above Friday's post-NFP range; HH/HL chain now testing its first higher low.
Asia erased Monday's gap-down open at 51.45 and cleared Friday's post-NFP high at 52.35. The Asia leg ran to a 53.44 session high as USD faded its NFP gains. The latest bar slipped through the rising support line to a 52.98 pullback low, right on the 23.6% fib, with RSI(14) easing to ~62.
Support: 52.98, 52.79, 52.00
Resistance: 53.44, 53.50
What it said to watch
Holding the 52.98 pullback low and the 23.6% fib keeps the Asia leg intact
A close below the 52.79 swing low breaks the HL chain and opens a deeper retrace toward the 52.00 doji pivot
The 53.44 session high and 53.50 channel top cap the move; a close above invalidates the range-ceiling read
Fed's Bowman (13:40 GMT) and Goolsbee (15:00 GMT) speak later Monday; US CPI on Tue at 13:30 GMT is the larger risk to this read
Asian breakout above Friday high, holding near session high.
Monday's Asia session gapped down to 51.45, then reversed. The Asian rally of nearly $1.90 cleared the Friday high at 52.354 as USD gives back part of its NFP gains. Progress has stalled just under the 53.45–53.50 channel top, with RSI(14) near 73 and the pullback low at 53.144 holding.
Support: 53.144, 52.794, 52.354
Resistance: 53.442, 53.50
What it said to watch
M15 close above the 53.50 channel top extends the Asian rally beyond the 53.442 Asian high
Loss of the 53.144 pullback low exposes the 52.794 swing low, near the 38.2% retrace of the Asian rally
Return below the 52.354 Friday high would turn the breakout into a false break
Fed's Bowman, Goolsbee and Barkin later Monday, then Tuesday's US CPI, could materially shift this read
Asia HH/HL chain from 51.57; lower highs forming after the 53.44 peak.
Asia session filled the opening gap down and rallied roughly 1,870 pips from 51.57. It cleared the Friday high at 52.35 as USD gave back NFP gains on Iran-deal hopes. Price stalled at a 53.44 session high just under the 53.50 week high and channel top, and is now easing toward the 52.79 swing low, with RSI(14) cooling to about 66.
Support: 52.794, 52.63, 52.354
Resistance: 53.442, 53.50
What it said to watch
An M15 close above the 53.50 week high would break the channel top
Failure to hold the 52.79 swing low exposes the ema20 near 52.63 and the 38.2% level of the Asia rally fib at 52.73
A return below the 52.35 Friday high, near the 61.8% fib at 52.28, would undo the breakout
Fed speakers from Bowman at 13:40 GMT, then Tuesday's US CPI, could materially shift this read
HH/HL chain off the Asia gap low, compressing under the session high.
Silver gapped down to 51.45 at the Asia open. It reversed as the USD softened on Iran-peace hopes and cleared the Friday high at 52.35, building a ~2.00 Asia rally to a 53.44 session high. Bars are narrowing just under the 53.50 channel cap with RSI(14) near 71, and the 53.18 swing low is the latest higher low.
Support: 53.18, 52.79, 52.35
Resistance: 53.44, 53.50
What it said to watch
M15 close above the 53.50 channel cap would extend the Asia rally into fresh weekly highs
Loss of the 53.18 swing low and then the 52.79 pullback low would break the HH/HL chain. The 38.2% Asia rally fib sits near 52.68.
A drop back below the friday high at 52.35 would leave the breakout as a false break
London open liquidity may test the session high. Fed's Bowman (13:40 UTC) and Goolsbee (15:00 UTC) speak ahead of Tue CPI.
Gap-down open reversed into HH/HL chain above Friday's high.
Silver gapped lower at the Asia open to an asia low of 51.45. It then reversed as the USD softened on Iran-peace hopes, clearing the 52.35 friday high (the NFP spike top) and printing a 53.35 session high just under the 53.50 channel cap. RSI(14) sits near 71, firm but not extreme. The last two bars are stalling below the high.
Support: 52.794, 52.354, 51.45
Resistance: 53.353, 53.50
What it said to watch
A sustained break of the 53.50 channel cap would extend the rally trendline structure into fresh highs
A close below the 52.79 pullback low breaks the HL chain and puts the 52.35 friday high back in focus
A failure to hold the 50% rally fib near 52.40 would point to a deeper unwind toward the asia low
Fed's Bowman (13:40 UTC), Goolsbee and Barkin later Monday could shift the read ahead of Tuesday's US CPI
HH/HL chain after weekend gap fill; Friday high broken.
Early Asia session opened with a gap down to 51.45 that filled within the first hour. An impulsive HH/HL leg then cleared Friday's 52.354 prior high and printed a 53.329 session high, with RSI(14) near 73. Silver is extending its decoupling from post-NFP dollar strength, helped by softer Iran headlines, and price now sits just under the 53.50 channel cap.
Support: 52.794, 52.354
Resistance: 53.329, 53.50
What it said to watch
Rejection at the 53.50 channel cap / weekly high would leave the rally capped below last week's top; acceptance above it changes the range read
An M15 close below the rally trendline (~53.20) is the first sign of the leg stalling; losing the 52.794 swing low breaks the HL chain
Failure to hold the 52.354 prior high, near the fib 61.8% at ~52.24, would mark the breakout as a false break
Fed's Bowman at 13:40 UTC today and US CPI Tue 13:30 UTC could materially shift this read
Gap-down reversal off 51.45; HH/HL chain broke above Friday's range.
Monday's Asia session opened with a gap down to 51.45, well below Friday's 51.93 close. Price then reversed hard through the Friday high at 52.35 and printed a session high at 53.18. It is now holding 52.88, just above the 52.79 pullback low. The move extends silver's decoupling from the NFP-driven USD strength flagged in the digest.
Support: 52.794, 52.354, 52.00
Resistance: 53.176, 53.50
What it said to watch
Failure to hold the 52.79 pullback low opens a retrace toward the Friday high at 52.35, which sits near the 50% fib at 52.31
Close back below 52.35 returns price inside Friday's range and puts the round number at 52.00 back in play
A break of the 53.18 session high exposes the 53.50 channel cap, an area to watch for rejection or break
Fed's Bowman at 13:40 UTC and Goolsbee at 15:00 UTC today could shift hike pricing and this read ahead of Tuesday's CPI
01:17 UTC
Sharp uptrend, extended · RSI 74 · price 53.026
HH/HL chain off the Asian open low; Friday range broken to the upside.
The Asia session opened with a gap down to 51.45, and buyers filled it within the hour. A five-bar run off the 51.57 session low then cleared the Friday high at 52.354 and printed a 53.176 session high, alongside the Iran de-escalation headlines that soften the energy-inflation impulse. RSI(14) near 74 is hot but not stretched, the rally trendline and the 52.41 higher low are intact, and the 53.50 channel cap sits overhead.
Support: 52.408, 52.354, 51.568
Resistance: 53.176, 53.50
What it said to watch
Session high 53.176 is the first test; a close above it puts the 53.45–53.50 channel cap in play
A close back below the rally trendline exposes the 52.41 higher low; the fib 50% sits at 52.37, next to the Friday high
Losing the 52.354 Friday high returns price to Friday's range and neutralises the breakout read, leaving the 51.57 session low as the next reference
Fed's Bowman, Goolsbee and Barkin speak later today ahead of Tuesday's CPI and could shift this read
Weekend gap down filled; break above Friday's high with a HH/HL chain from the Asian low.
Asia opened Monday with a weekend gap down to 51.45, filled within the hour. From the 51.568 Asian low, silver cleared Friday's NFP-session prior high at 52.354 and is printing a session high at 52.992, just under the 53.00 round number. The rally of nearly $1.40 has come despite a modestly firmer USD, RSI(14) is near 71 and ATR(14) is around 250 pips.
Support: 52.354, 51.954, 51.568
Resistance: 52.992, 53.00, 53.50
What it said to watch
Rejection at the 53.00 round number and a close back below the 52.354 prior high would mark the breakout as a false break
A pullback holding the 52.354 prior high and the rally trendline keeps the HH/HL chain intact; losing the 51.954 swing low unwinds most of the Asian rally
53.50 weekly high / channel cap is the next upside reference above 53.00
Fed's Bowman (13:40 UTC) and Goolsbee (15:00 UTC) today, then US CPI Tue 13:30 UTC, could materially shift this read
Monday's Asia session opened with a gap down to 51.45, filled within the hour. The Asia rally from the 51.568 session low then cleared the 52.00 psych pivot and the 52.354 Friday high (the pre-NFP spike) to print a 52.586 session high. RSI(14) near 66 is not stretched, and silver keeps decoupling from the firmer USD.
Support: 52.354, 52.00, 51.568
Resistance: 52.586, 53.00
What it said to watch
A return below the 52.354 Friday high would turn the breakout into a false break
Acceptance above the 52.586 session high opens the 53.00 round number
Loss of 52.00 psych, near the 50% of the Asia rally, would undo most of the session's gain
Fed's Bowman (13:40 UTC) and Goolsbee (15:00 UTC) Monday could shift the read ahead of Tuesday's US CPI
00:32 UTC
Asia rebound, stalling below Friday high · RSI 55 · price 52.125
Gap-down open filled; spike above Friday high faded.
Asia session opened with a gap low at 51.45, below the 51.926 Friday close, and the gap filled inside the first hour. A spike to a 52.426 session high cleared the 52.354 Friday high and then slipped back to 52.12. Price is holding just above the 52 pivot that survived Friday's NFP drop to 51.358, and RSI(14) sits neutral near 55.
Support: 51.926, 51.45
Resistance: 52.354, 52.426
What it said to watch
An M15 close back above the 52.354 fri high negates the false break and puts the 52.426 session high back in focus
Failure to hold the 52 pivot exposes the fri close at 51.926 and the fib 61.8% near 51.82
A return to the 51.45 gap low would erase the Asia rebound
Fed's Bowman (13:40 UTC) and Goolsbee (15:00 UTC) today could shift this read, with US CPI on Tue at 13:30 UTC the larger risk
00:17 UTC
Sharp intraday upswing off the weekly open gap · RSI 63 · price 52.351
Gap filled, Friday high cleared in early Asia.
The weekly open gapped down to the 51.45 sunday low, below Friday's 51.93 close. A single 70-cent bar then filled the gap and cleared the 52.354 friday high, printing a 52.426 session high early in the Asian session. That extends silver's resilience to the post-NFP USD bid; RSI(14) near 63 is not stretched.
Support: 52.354, 52.00, 51.45
Resistance: 52.426, 52.50
What it said to watch
A slip back below the 52.354 friday high would turn the breakout into a false break
Loss of the 52.00 pivot and the 50% open rally fib (~51.94) puts price back inside Friday's range
Holding above the session high opens the 52.50 round number
A return to the 51.45 sunday low would erase the open rally
Fedspeak from 13:40 UTC today and US CPI Tue 13:30 UTC could materially shift this read
00:04 UTC
Short-term down after Monday gap lower · RSI 39 · price 51.655
Gap filled then rejected; lower high under Friday close, inside Friday's 51.18–52.35 range.
Asia session opened with a gap down to 51.45 as the USD kept its post-NFP bid. The first-hour rebound filled the gap to the 51.96 session high but was rejected, and price is back at 51.65, below both EMAs with RSI(14) near 39. Price is holding near the 61.8% retrace of Friday's post-NFP rally, inside Friday's broader 51.18–52.35 range.
Support: 51.45, 51.358, 51.178
Resistance: 51.956, 52.206, 52.354
What it said to watch
Failure to hold the 51.45 gap low exposes the 51.36 nfp low, then the 51.18 friday low
M15 close back above the 51.96 session high reopens the 52.21 prior high and the 52.35 nfp high
Fedspeak Mon from 13:40 UTC (Bowman, Goolsbee, Barkin) and US CPI Tue 13:30 UTC could materially shift this read