XAG/USD AI Live Scan, daily chart, Wednesday, 10 June 2026
Every read JAFX AI made on the XAG/USD daily chart that day, newest first: trend, structure, the levels it marked and what it said to watch.
22:33 UTC
Downtrend, accelerating · RSI 24 · price 63.396
Lower highs / lower lows, below EMA50.
Silver has collapsed from the ~$92 region in early February into a sustained multi-week downtrend, with the latest leg breaking the 200-day average near 67.79 after Friday's NFP beat and in-line CPI hardened Fed-hike pricing — poison for non-yielding metals. Price closed at 63.396, well below EMA20/EMA50, having pierced the 63.45 shelf with RSI sub-25 and stretched into deep oversold. Each weekly cycle has printed lower highs and lower lows, leaving 61.01 and the 60.00 psych level as the next reference points.
Support: 61.01, 60.00
Resistance: 65.00, 67.79
What it said to watch
PPI Thu and Michigan sentiment Fri are the next macro tests for this read
Sustained break below 61.01 exposes the 60.00 psych level
Reclaim of the 67.79 200-dma needed to neutralise the downtrend
Stalling above 65.00 round number would signal a corrective bounce
22:33 UTC
Downtrend, steep momentum · RSI 28 · price 63.396
Lower highs / lower lows, sub 200-DMA.
Silver is in a steep multi-week downtrend, shedding roughly 13% from the ~73 area after Friday's hot NFP and in-line CPI reignited Fed-hike pricing. Price broke the 200-day ema near 67.79 and has printed fresh lows at 63.36, with RSI deep in oversold territory and the chain of lower highs intact well below EMA20 and EMA50. The decline has been one-directional, with each bounce shallow and sold into the descending averages.
Support: 63.357, 61.01, 60.00
Resistance: 67.79
What it said to watch
Break of the 63.36 swing low exposes 61.01 then the 60.00 round number
Reclaim of the 67.79 200-day ema needed to neutralise the downtrend
PPI Thu 12:30 GMT could extend or relieve the decline
21:05 UTC
Downtrend, accelerating · RSI 27 · price 63.396
Lower highs / lower lows, below EMA50.
Silver is in an accelerating multi-week downtrend, collapsing from the ~96 February high and shedding roughly $10 over the last seven sessions to print 63.40. The break below the 200-day EMA near 67.79 — triggered by last Friday's NFP beat and this week's sticky in-line CPI shifting Fed pricing toward a hike — was the key structural failure. RSI(14) is oversold near 27 as price probes the 63.45-63.50 shelf with little intervening support before 61.01.
Support: 61.01, 60.00
Resistance: 67.79
What it said to watch
Daily close below 61.01 exposes the 60.00 psych level
Reclaim of the 200-dma near 67.79 needed to neutralise the bearish structure
US PPI Thu 12:30 GMT could materially extend or relieve this move