Silver opened the new week with a gap lower to 79.07 then reclaimed 80.00 in a steady grind through early Asia, with buyers stepping in at 79.30. Price now stalling just under the 80.29 session high; Iran headlines over the weekend keep the geopolitical bid in play.
Support: 79.99, 79.31
Resistance: 80.29, 80.88
What it said to watch
Close above 80.29 session high extends recovery toward 80.88 prior high
Loss of 79.99 session low reopens 79.31 swing low
China CPI release in Asia hours could move USD and metals
23:31 UTC
Rebound off session low · RSI 71 · price 80.254
Recovery within wider range.
Silver recovered from 79.08 lows back to 80.25 in steady stair-step fashion through the Asia open, with RSI(14) now stretched at 71. Price is approaching the 80.50 pivot after Trump's rejection of Iran's peace proposal kept a geopolitical bid under the metal.
Support: 79.90, 79.31
Resistance: 80.50, 80.88
What it said to watch
Rejection at 80.50 pivot would cap the rebound
M15 close above 80.88 range high extends recovery
Loss of 79.90 session low reopens 79.31 swing low
Further Middle East headlines could materially shift this read
Silver reclaimed 80.00 after a sweep of 79.07 during the Asian session, with buyers stepping in to push price back through the EMA20. Current bar pressing against the 80.47 session high; RSI(14) at 64 with room before stretched. Geopolitical risk premium (Iran/Hormuz headlines) underpinning the bid.
Support: 79.90, 79.31
Resistance: 80.47, 80.88
What it said to watch
M15 close above 80.47 session high opens path to 80.88 prior high
Failure to hold 79.90 intraday low reopens 79.31 session low
Further Iran-US headline escalation could materially shift this read
23:01 UTC
Pullback within broader uptrend · RSI 58 · price 80.008
Lower high after 81.56 sweep, recovering from 79.07.
Sharp gap lower into the new session from 80.34 to 79.31 followed by a clean recovery back to the round 80.00 handle, retracing roughly two-thirds of the drop. Prior session topped at 81.56 then rolled over, so price is now pressing into the underside of the 80.47 pivot from below.
Support: 79.31
Resistance: 80.47, 80.88, 81.56
What it said to watch
M15 close above 80.47 prior pivot would extend the recovery toward 80.88 swing high
Rejection at 80.00 round number and roll back under 79.69 reopens the 79.31 session low
Headline risk around Iran/Hormuz remains a driver into the new session
Lower highs after 81.56 swept, recovering off 79.07.
Silver swept the 81.56 swing high earlier in NY before unwinding hard to 79.07 session low; current bars are reclaiming ground with price probing the 79.80 intraday cap. Iran-Hormuz headlines have kept the tape headline-sensitive but structure is corrective off the high.
Support: 79.07, 78.30
Resistance: 79.80, 80.47, 81.56
What it said to watch
Reclaim above 79.80 intraday cap opens path back to 80.47 prior pivot
Loss of 79.07 session low confirms a lower-low extension toward 78.30
Further Iran/Hormuz headlines can override the structural read
22:31 UTC
Pullback within prior uptrend · RSI 54 · price 79.681
Lower highs from 81.56 peak, holding 79.07.
Silver spiked to 81.56 on the NY session then sold off hard, printing a sequence of lower highs into the gap-fill area near 79.07. Price has reclaimed off the session low with RSI(14) recovering through 50; 79.95 micro pivot is the immediate cap.
Support: 79.07, 78.30
Resistance: 79.95, 81.56
What it said to watch
Reclaim above 79.95 micro pivot would neutralise the lower-highs sequence
Loss of 79.07 session low opens 78.30 prior low
Iran/Hormuz headlines remain an active risk for intraday gaps
22:16 UTC
Pullback from intraday highs · RSI 38 · price 79.44
Lower high established after 81.56 sweep.
Silver swept 81.56 then reversed sharply, with the most recent bar gapping back in near 79.44 — well below both EMAs and the prior 80.30–80.80 consolidation. Price is sitting just above session low 79.31 after rejection from intraday highs; momentum has rolled over.
Support: 79.31, 78.46
Resistance: 79.56, 81.56
What it said to watch
M15 close back above 79.56 recent high would neutralise the lower-high read
Iran-US headline risk (Strait of Hormuz, Trump rejection) can spike silver intraday
22:01 UTC
Uptrend, momentum fading · RSI 48 · price 80.343
Pullback from session high after sweep.
Silver spiked to 81.56 during NY hours then sold off to 79.87 before reclaiming 80.30s; now consolidating just under the 80.79 recent high. RSI(14) back near neutral at 48, momentum from the leg up has cooled into a tight range.
Support: 80.04, 79.87
Resistance: 80.79, 81.20, 81.56
What it said to watch
M15 close above 80.79 reopens the session high at 81.20
Loss of 80.04 swing low exposes the NY session low at 79.87
Iran-US headlines remain a live risk for gold/silver gaps
21:46 UTC
Uptrend, momentum cooling · RSI 48 · price 80.343
Pullback within rising structure after rejection of 81.56.
Silver rallied through NY hours to a session high at 81.56 before sellers faded the move, dragging price back to 80.15 where buyers stepped in. Last several bars are coiling 80.30–80.74 with RSI flat near 48, sitting on the EMA20.
Support: 80.15, 79.87
Resistance: 80.74, 81.56
What it said to watch
M15 close back above 80.74 reopens the recent high
loss of 80.15 swing low exposes 79.87
Iran-US headline risk could spike intraday volatility
21:31 UTC
Uptrend cooling, pullback in play · RSI 47 · price 80.343
Intraday range after spike rejection.
NY session pushed silver to 81.56 then reversed sharply, leaving a failed breakout and a drift back below 80.50. Price has settled into an 80.15–80.74 range with RSI near neutral; momentum has stalled after the rejection.
Support: 80.15, 79.88
Resistance: 80.74, 81.20, 81.56
What it said to watch
M15 close above 80.74 reopens the spike shelf at 81.20
Loss of 80.15 swing low exposes 79.88 session low
Headline risk around US–Iran talks remains a tape-mover for USD
Pullback from session high, holding above prior breakout zone.
Silver spiked to 81.56 during NY hours then sold off sharply to 79.99 before recovering. Price now consolidating around 80.34, holding above the 80.10 swing low with RSI(14) neutral at 48.
Support: 80.10, 79.88, 79.31
Resistance: 80.79, 81.56
What it said to watch
Loss of 80.10 swing low opens path to 79.31 session low
Reclaim of 80.79 recent high needed to resume the intraday uptrend
Iran headlines flagged as USD-relevant — could inject volatility into metals
21:02 UTC
Uptrend, momentum cooling · RSI 48 · price 80.343
Pullback within intraday range after rejection of 81.56.
Silver spiked to 81.56 mid-window then sold off sharply, now consolidating in the 80.30–80.74 zone with RSI back near 48. Buyers stepped in twice at 79.87–80.05 after the rejection, but price is capped under the 80.74 recent high.
Support: 80.05, 79.87
Resistance: 80.74, 81.20, 81.56
What it said to watch
M15 close above 80.74 reopens path to 81.20 supply
Loss of 79.87 session low confirms a lower-low and breaks the consolidation
Headline risk around US-Iran negotiations could inject volatility