XAG/USD AI Live Scan, 15-minute chart, Tuesday, 10 November 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.
23:46 UTC
Downtrend, rebound stalling at the 50% fib · RSI 50 · price 51.561
Post-CPI low at 51.116, then higher lows into a 51.45–51.61 consolidation.
The hot US CPI print extended the Waller-led slide to a 51.116 session low during NY hours. The rebound has stalled at the 51.61 swing high, the 50% retracement of the 52.07 post-CPI high to 51.116 leg, and price is now coiling between 51.45 and 51.61 into early Asia. RSI is flat at 49.5 and ATR has contracted to 122.5 pips; price is holding above the ema20 at 51.501 but sits below the ema50 at 51.753.
Support: 51.501, 51.446, 51.116
Resistance: 51.61, 51.753, 52.07
What it said to watch
Close above the 51.61 swing high and the 50% fib opens the ema50 at 51.753, then the 52.07 post-CPI high
Break of the 51.446 range low, below the ema20, exposes the 51.116 session low
Bowman/Paulson remarks (from 23:30 UTC) endorsing a larger December hike could materially shift this read
Silver is drifting into early Asia hours in a tight 51.45–51.61 box. It got there after Waller's hike warning and the hot US CPI beat drove a slide to the 51.116 day low. Rising lows off that base have lifted RSI(14) from 25 back to ~50 and ATR has compressed to 128 pips. Price holds just above the ema20 at 51.497 but below the ema50 at 51.762.
Support: 51.497, 51.446, 51.116
Resistance: 51.61, 51.762, 52.07
What it said to watch
Fed's Bowman and Paulson speaking from 23:30 UTC could break the 51.45–51.61 box
M15 close above the 51.61 late NY high exposes the ema50 at 51.762, then the 52.07 cpi bounce high
Loss of the 51.446 swing low and the rising lows line reopens the 51.116 day low
Post-CPI selloff, higher-low bounce now coiling in tight range.
Waller's bigger-hike warning in London, then the hot October CPI beat, took silver from near the Asian high at 53.70 to a session low of 51.116. The late-NY rebound stalled at the 51.61 bounce high, near the 50% of the post-CPI fib. Price now coils between 51.45 and 51.56, just under the ema20 and below the ema50 at 51.771, with RSI(14) back to 46 from sub-30 and ATR compressing to 129 pips.
Support: 51.446, 51.116
Resistance: 51.61, 51.771
What it said to watch
Fed's Bowman and Paulson at 23:30 UTC, about 13 minutes out, could break the coil either way
A close below the 51.446 range low and the rebound line puts the 51.116 session low back in play
A close above the 51.61 bounce high exposes the ema50 at 51.771
Falling ATR into the Fed-speak window leaves room for a range expansion
Higher lows off 51.116 session low, capped at 51.61 bounce high.
Waller's larger-hike warning in London and the hot October CPI beat at 13:30 UTC drove silver from the Asian high near 53.70 to a 51.116 session low. Late NY has retraced about half of the leg from the 52.07 post-CPI high. The bounce high at 51.61 is capping, with price holding just above the ema20, below a falling ema50, while RSI has recovered from 25 to 48.6 and ATR has compressed from 232 to 135 pips.
Support: 51.411, 51.116
Resistance: 51.61, 51.783, 52.07
What it said to watch
Fed's Bowman and Paulson at 23:30 UTC, around the daily break and Asia open, could materially shift this read
M15 close above the 51.61 bounce high and the ema50 at 51.783 opens the 52.07 post-CPI high
Loss of the 51.411 higher low breaks the rising-lows line and puts the 51.116 session low back in play
A break below 51.116 resumes the downtrend; continued ATR compression points to a tight range into the speeches
Higher lows off 51.116 day low, capped at 51.61 bounce high below ema50.
Waller's hike warning in London and the hot October CPI beat drove silver from the Asian high near 53.70 to a 51.116 day low. Since then late NY has built a rising trendline of higher lows. Price is stalling at the 51.61 bounce high near the 50% fib of the post-CPI leg, holding just above ema20 and below a falling ema50. RSI has recovered from the mid-20s to 48.6 and ATR has compressed from 232 to 135 pips.
Support: 51.446, 51.116
Resistance: 51.61, 51.783, 52.07
What it said to watch
Bowman/Paulson speeches at 23:30 UTC could materially shift this read in thin post-NY trade
M15 close above the 51.61 bounce high and ema50 at 51.783 would open the 52.07 cpi bounce high
Break of the rising trendline and the 51.446 swing low, back below ema20, puts the 51.116 day low back in play
Waller's hawkish warning and the hot October CPI (0.4% vs 0.3%) took silver from the 53.70 Asian high to a 51.12 swing low. Since then the NY afternoon has built higher lows along a rising support line, and RSI(14) has recovered to 48.6 from sub-30. In late NY hours price is coiling just above the ema20 at 51.49, under a 51.61 range cap that sits near the 50% fib of the 52.07–51.12 leg. ATR(14) has compressed to 134.6 pips from 232.
Support: 51.493, 51.446, 51.116
Resistance: 51.61, 51.783, 52.07
What it said to watch
M15 close above the 51.61 range cap opens the ema50 at 51.78 and the 52.07 cpi bounce high
Failure to hold the 51.45 higher low and the rising support line puts the 51.12 swing low back in play
Fed's Bowman and Paulson at 23:30 UTC could materially shift this read
Silver's $2.58 slide from the Asian high near 53.70 started with Waller in London and extended on the hot CPI beat. It bottomed at the 51.116 session low. Late NY has built a higher-low base along rising support. That base stalled at the 51.61 late NY high, just above the 38.2% of the post-CPI leg. Price sits above the ema20 (51.493) and below the ema50 (51.783). RSI(14) is back at 48.6 from sub-30 and ATR is contracting to 134.6 pips in thin post-NY trade.
Support: 51.493, 51.446, 51.116
Resistance: 51.61, 51.783, 52.07
What it said to watch
M15 close below the 51.446 pullback low breaks rising support and the higher-low base
Close above the 51.61 late NY high opens the 50% fib near 51.68 and the ema50 at 51.783, with the cpi bounce high at 52.07 beyond
Loss of the 51.116 session low resumes the post-CPI downtrend leg
Fed's Bowman and Paulson at 23:30 UTC (~73 min) could materially shift this read
Post-CPI lower low at 51.116, then a chain of higher lows into the NY close.
Silver broke the Asian range after Waller's hike warning, then the hot October CPI beat pushed the drop to a 51.116 session low during NY hours. Since then rising lows have lifted price back above a flattening ema20, but the bounce high at 51.61 caps it just above the 38.2% of the CPI drop fib, with the falling ema50 overhead. RSI(14) has recovered from 25 to 48.6 and ATR(14) has compressed from 232 to 135 pips, so the late-session tape is quiet.
Support: 51.446, 51.116
Resistance: 51.61, 51.783, 52.07
What it said to watch
M15 close below the rising lows line near 51.45 ends the bounce structure and puts the 51.116 session low back in focus
Acceptance above the 51.61 bounce high opens the falling ema50 at 51.78, then the 52.07 cpi pivot
Fed's Bowman and Paulson at 23:30 UTC (in ~86 min) could materially shift this read if they back Waller's call for a larger hike
Higher lows off 51.12 session low, capped at 51.61.
Waller's hike warning and the hot CPI print drove silver from the 53.70 Asia high to a 51.12 session low in NY. The late-NY rebound on rising lows has stalled at the 51.61 50% fib of the 52.07–51.12 leg. Price is holding just above the ema20 at 51.49 but under the ema50 at 51.79, with RSI(14) back to 48 from sub-30 and ATR compressing to ~139 pips.
Support: 51.49, 51.41, 51.116
Resistance: 51.61, 51.793, 52.00
What it said to watch
M15 close below the 51.41 pullback low breaks the rising lows and reopens the 51.12 session low
Acceptance above the 51.61 50% fib and the ema50 at 51.79 opens the 52.00 round number
Paulson and Bowman at 23:30 UTC on December hike size could materially shift this read
Hot US CPI at 13:30 UTC extended the slide from the 53.70 Asian high to a 51.116 session low. The late-NY rebound met rejection at the 51.61 bounce high, near the 50% retrace of the post-CPI drop, and price is back under the ema20 at 51.487 and pressing the higher-low trendline. RSI has recovered from sub-30 to 45 and ATR has compressed to 143.5 pips from 241.
Support: 51.341, 51.116
Resistance: 51.487, 51.61, 51.804
What it said to watch
M15 close below the 51.341 swing low breaks the higher-low chain and reopens the 51.116 session low
Close above the 51.61 bounce high and the ema50 at 51.804 would challenge the post-CPI downtrend read
Fed's Paulson and Bowman at 23:30 UTC (~2h) could materially shift this read
Higher lows off 51.116 session low, capped at 51.60 bounce high.
Silver failed at the 53.70 Asia high, then the hot October CPI print extended the slide to a 51.116 session low. The late-NY rebound has built a higher-low chain off that low, but it stalled three times at the 51.60 bounce high, near the 50% fib of the cpi bounce leg. Price is pinned at the ema20 (51.487) and still below the ema50 (51.817). RSI has recovered from the mid-20s to 46, and ATR has compressed from 250 to roughly 150 pips.
Support: 51.487, 51.41, 51.116
Resistance: 51.60, 51.817, 52.07
What it said to watch
A close above the 51.60 bounce high opens the ema50 at 51.817 and the 52.07 cpi bounce high
Loss of the 51.41 swing low breaks the higher-low trendline and exposes the 51.116 session low
Paulson/Bowman at 23:30 UTC could materially shift this read via December hike-size talk
Higher-low grind off 51.12 day low, capped at 51.61.
Silver slid from the 53.70 Asia high to a 51.12 day low after Waller's 50bp warning and the hot Oct CPI lifted USD. A double bottom at 51.12-51.13 has since produced a higher-low grind into late NY, with a rejection at the 51.61 bounce high near the 38.2% of the CPI leg during Bowman's remarks. Price sits just above ema20 (51.487) and below ema50 (51.831), RSI 46.9 off sub-30 readings, ATR easing to 158 pips.
Support: 51.487, 51.411, 51.116
Resistance: 51.61, 51.831, 52.07
What it said to watch
M15 close below the 51.41 pullback low breaks the rising trendline and exposes the 51.12 day low
Close above the 51.61 bounce high opens ema50 at 51.83, then the 52.07 post-CPI high
Paulson and Bowman at 23:30 UTC could materially shift this read
Higher lows off 51.116 session low, capped at 51.61.
After failing near 53.70 in Asia, silver slid on Waller's hike warning and then broke to a 51.116 session low after the hot US CPI. The late-NY rebound has printed higher lows but met rejection at the 51.61 late NY high, near the 50% retrace of the drop from the 52.07 cpi bounce high, as Bowman spoke. Price is holding just above the ema20 at 51.485 with the ema50 overhead at 51.844; RSI(14) is back at 46 from mid-20s readings and ATR has compressed to 162 pips from 254.
Support: 51.485, 51.341, 51.116
Resistance: 51.61, 51.844, 52.07
What it said to watch
M15 close below the 51.341 higher low breaks the rebound trendline and reopens the 51.116 session low
Close above the 51.61 late NY high exposes the ema50 at 51.844, then the 52.07 cpi bounce high
Loss of the ema20 at 51.485 would mark the rejection as the end of the rebound
Paulson and Bowman at 23:30 UTC: framing of a 25bp vs 50bp December hike could materially shift this read
Higher-low chain off 51.116 session low, testing 50% retrace.
The hot US CPI print extended the Waller-driven slide from 52.20 to a 51.116 session low in NY. Late NY has built a higher-low chain off that base, and price is now at the late high of 51.598 and the 50% fib of the post-CPI drop, above ema20 but below ema50. RSI(14) has recovered from 25 to 50.5, and ATR(14) has compressed from ~254 to 159 pips.
Support: 51.484, 51.341, 51.116
Resistance: 51.598, 51.858, 52.07
What it said to watch
Bowman is speaking now (20:30 UTC), with Paulson and Bowman again at 23:30 UTC; a hawkish echo of Waller could break the higher-low chain
An M15 close above ema50 at 51.858 opens the cpi bounce high at 52.07
Loss of the 51.341 higher low and the higher-low trendline puts the 51.116 session low back in play
Rejection at the late high of 51.598 and the 50% fib keeps the move a retracement inside the downtrend
Higher lows from 51.116 session low, retracing the CPI leg.
Silver slid from the 53.70 Asia high on Waller's hike warning, and the hot CPI print extended the drop to a 51.116 session low. Late NY trade has built rising lows and reclaimed the ema20, with price testing the 38.2% retrace of the cpi bounce leg. RSI(14) has recovered from the mid-20s to 47.6, and ATR is compressing from 254 to 163 pips.
Support: 51.341, 51.116
Resistance: 51.63, 51.87, 52.07
What it said to watch
Bowman speaks at 20:30 UTC, then Bowman and Paulson at 23:30 UTC; hawkish hike-size comments could materially shift this read
Close back below the 51.341 higher low and the ema20 breaks the rising lows chain
Close above the 51.63 breakdown pt opens the ema50 at 51.87, then the 52.07 cpi bounce high
Loss of the 51.116 session low resumes the downtrend sequence
19:46 UTC
Downtrend, basing after post-CPI leg · RSI 40 · price 51.399
Tight late-NY base 51.12–51.43 below falling EMAs.
The hot US CPI print extended the London selloff that followed the Asian high near 53.70, and the post-CPI leg from the 52.07 cpi bounce made a NY low at 51.116. Price has since based between the 51.17 base floor and the 51.43 base high. It sits just under the ema20 at 51.474, with RSI(14) recovering from the mid-20s to 40.2 and ATR(14) compressing from 254 to 168 pips.
Support: 51.172, 51.116
Resistance: 51.43, 51.474, 52.07
What it said to watch
M15 close above the 51.43 base high and ema20 at 51.474 opens the path toward the 52.07 cpi bounce high and the post-CPI leg retracement
Break of the 51.17 base floor and the 51.116 ny low resumes the downtrend sequence
Fed's Bowman speaks in about 45 minutes, with Bowman and Paulson again at 23:30 UTC; either could break the late-NY base
19:31 UTC
Downtrend, basing after CPI-driven leg lower · RSI 39 · price 51.375
Lower highs from the 53.70 Asian high; tight late-NY base 51.12–51.43.
Waller's hike warning broke silver off the 53.70 Asian high, and the hot CPI beat (0.4% vs 0.3%, core 0.3% vs 0.2%) extended the slide to a 51.116 session low. Late NY has built a tight base, with the base floor at 51.17 tested twice and the base top at 51.43 capping, below the ema20 at 51.482, which lines up with the 38.2% fib of the post-CPI swing. RSI(14) has recovered to 38.6 from the mid-20s and ATR is compressing from 254 to 174 pips.
Support: 51.17, 51.116
Resistance: 51.43, 51.482, 51.63
What it said to watch
Fed's Bowman at 20:30 GMT (~1h), then Paulson/Bowman at 23:30 GMT, could break the late-NY base either way
M15 close above the base top at 51.43 and the ema20 at 51.482 puts the 51.63 breakdown pivot and 61.8% fib near 51.70 in play
Loss of the 51.17 base floor and the 51.116 session low resumes the lower-low sequence
19:16 UTC
Downtrend, momentum fading into a late-NY base · RSI 38 · price 51.362
Lower highs and lower lows since the 52.07 post-CPI bounce; tight 51.17–51.40 band in late NY.
Waller's hike warning and the hot October CPI drove silver from the 53.70 Asia high through 52.00. Lower highs then carried it to a 51.116 session low during NY hours. Price is now basing in a 51.17–51.40 band below the ema20 (51.494), with RSI(14) back to 38 from the mid-20s and ATR(14) compressing to about 182 pips.
Support: 51.172, 51.116
Resistance: 51.405, 51.494, 51.946
What it said to watch
M15 close above the 51.405 swing high and the lower-highs line tests the ema20 at 51.494, which sits near the 38.2% fib of the 52.07–51.12 drop
Failure to hold the 51.172 base low, then the 51.116 session low, extends the lower-low sequence
Reclaiming the ema50 at 51.946 would break the post-CPI downtrend read
Fed's Bowman at 20:30 GMT (about 75 min), then Paulson/Bowman at 23:30 GMT, could materially shift this read
Lower highs from 52.07 post-CPI; late-NY base 51.12–51.40.
The hot October CPI print extended the European selloff from the 53.70 Asia high. Silver set lower highs from the 52.07 post-CPI high to a 51.116 session low in NY hours. Late in the NY session price is basing between 51.12 and 51.40, below both EMAs, with RSI(14) lifting from the mid-20s to 33.9 and ATR easing to 187.5 pips; the 18:30 UTC bounce high at 51.405 has already been rejected.
Support: 51.116
Resistance: 51.405, 51.507, 52.07
What it said to watch
M15 close above the 51.405 bounce high and ema20 (51.507, near the 38.2% fib) breaks the lower-high trendline
Failure to hold the 51.116 session low extends the lower-low chain
Bowman at 20:30 UTC (in ~88 min), then Paulson and Bowman at 23:30 UTC; an endorsement of a bigger December hike could materially shift this read
A reclaim of the 52.07 post-cpi hi would undo the post-CPI leg
Lower highs and lows from Asian high; basing above session low.
Waller's hike warning at 09:00 UTC and the hot CPI beat at 13:30 UTC (headline and core MoM both 0.1pp over forecast) drove silver from the 53.70 Asian high to a 51.116 session low after London close, with every bounce failing at lower highs. Price has since based on a 51.17 range base, and the last closed bar pushed to the 51.405 range top. RSI(14) is up to 37.4 from the mid-20s, making a higher low against the 13:45 reading. Price is still below the ema20 at 51.53, and ATR has compressed to 191 pips from 254.
Support: 51.17, 51.116
Resistance: 51.405, 51.53, 52.07
What it said to watch
M15 close back below the 51.17 range base puts the 51.116 session low back in play and voids the divergence
Acceptance above the 51.405 range top exposes the ema20 at 51.53 and the post-CPI fib 50% near 51.59
Only a reclaim of the 52.07 post-cpi high breaks the lower-high sequence on this timeframe
Fed's Bowman at 20:30 UTC (~104 min) could materially shift this read if she echoes Waller on hike size
Lower highs and lows since the Asian high; tight late-NY consolidation.
Silver slid from the 53.70 Asian high as Waller's bigger-hike warning hit in London. The hot US CPI beat then extended the drop, and the post-CPI bounce failed at the 52.07 cpi high. Since 17:30 UTC, after London close, price has compressed between the 51.116 session low and a 51.348 range top. RSI(14) is oversold at 28, ATR has eased from 254 to 194 pips, and price sits below ema20 at 51.544 and ema50 at 52.022.
Support: 51.116, 51.00
Resistance: 51.348, 51.544, 52.07
What it said to watch
Break below the 51.116 session low extends the lower-low chain toward the 51.00 round number
M15 close above the 51.348 range top opens ema20 at 51.544, near the 50% of the post-cpi leg
Recovery above the 52.07 cpi high invalidates the intraday downtrend read
Fed's Bowman at 20:30 UTC could break the current consolidation
Lower highs from the 52.07 post-CPI bounce; tight 51.12–51.35 base below both EMAs.
The hot October CPI beat extended the London slide through the 52.00 handle. NY hours then printed a lower-high chain from the 52.07 cpi high to a 51.116 session low. Price is now compressing in a 51.12–51.35 band below the ema20 at 51.575, with RSI(14) oversold at 26.1 and ATR(14) easing from 254 to 204 pips.
Support: 51.116, 51.00
Resistance: 51.35, 51.575, 52.07
What it said to watch
M15 close below the 51.116 session low extends the lower-low sequence toward the 51.00 round number
Close above the 51.35 range top and back over the ema20 at 51.575 would mark the first higher high since CPI, inside the post-CPI fib 38–50% zone
Rebound back to the 52.07 cpi high would invalidate the post-CPI lower-high structure
Fed's Bowman at 20:30 GMT, then Paulson/Bowman at 23:30 GMT, could materially shift this read
The London sell-off from the 53.70 Asian high deepened after the hot October CPI. Silver printed lower highs from the 52.07 cpi bounce high down to a 51.12 session low. After London close, price is coiling between 51.12 and the 51.39 minor high, below the ema20 at 51.61, with RSI(14) oversold at 26 and ATR easing to 212 pips from 254.
Support: 51.116, 51.00
Resistance: 51.386, 51.612, 52.07
What it said to watch
M15 close above the 51.39 minor high breaks the lower-high chain and exposes the ema20 at 51.61
Failure to hold the 51.12 session low resumes the downtrend toward the 51.00 round number
A retracement stalling at 38.2–50% of the cpi bounce fib (51.48–51.59) keeps the leg corrective
Bowman at 20:30 GMT, then Paulson and Bowman at 23:30 GMT, could materially shift this read if they back a larger December hike
17:47 UTC
Downtrend, oversold into late NY · RSI 25 · price 51.215
Lower highs and lower lows since the post-CPI high at 52.07; session low 51.116.
London broke the Asian range low near 52.88 after Waller's hike warning, and the hot US CPI took silver through 52.00. Since then NY has printed a lower-high chain from the 52.07 post-CPI high down to a 51.116 session low. RSI(14) is oversold at 25.1 with price below both EMAs, and ATR is easing to 221 pips from a 254 peak as the late-NY selling slows.
Support: 51.116, 51.00
Resistance: 51.386, 51.653, 52.07
What it said to watch
Break of the 51.116 session low exposes the 51.00 round number
Recovery above the 51.386 minor high and ema20 at 51.653 would break the lower-high chain; the 50% fib of the post-CPI leg sits near 51.59
Post-CPI high at 52.07 caps the move; only a reclaim there negates the post-CPI downtrend
Fed's Bowman at 20:30 GMT, then Paulson and Bowman at 23:30 GMT, could materially shift this read
17:31 UTC
Downtrend, stalling near lows · RSI 26 · price 51.267
Lower highs since the CPI print, late-NY compression at the 51.13 session low.
Silver slid from the 53.70 Asian-session high after Waller's bigger-hike warning, and the hot October CPI at 13:30 GMT broke the 52.20 pre-data floor. NY has since printed a chain of lower highs from the 52.07 lower high down to a 51.13 session low. Late NY is now compressing in a 51.13–51.39 band, with RSI(14) oversold at 25.9, ATR easing to 227 pips from 254 and price below the ema20 at 51.70.
Support: 51.129, 51.00
Resistance: 51.386, 51.70, 52.07
What it said to watch
M15 close above the 51.39 range top and the 51.70 ema20 (61.8% fib zone) would be the first higher high since CPI
Break of the 51.13 session low extends the lower-low chain toward the 51.00 round number
A move back above the 52.07 lower high would negate the post-CPI downtrend read
Fed's Bowman at 20:30 GMT (~3h), then Paulson and Bowman at 23:30 GMT, could materially shift this read if 50bp December talk is echoed
17:16 UTC
Downtrend, oversold but no reversal structure · RSI 27 · price 51.307
Lower highs and lower lows since the Asia high; post-CPI lower high at 52.07.
The hot October CPI print extended the Waller-driven European selloff from the 53.70 Asia high. Silver lost the $52.00 handle, put in a post-CPI lower high at 52.07, then broke down through 51.63 to a session low at 51.129 late in NY hours. RSI(14) is oversold at 27, price sits below a falling ema20 (51.748) and ema50 (52.197), and ATR of about 232 pips reflects post-CPI range expansion.
Support: 51.129, 51.00
Resistance: 51.63, 51.748, 52.07
What it said to watch
M15 close back above the 51.63 breakdown level, then ema20 at 51.748, would interrupt the lower-high chain
Failure to hold the 51.129 session low extends the lower-low sequence toward the 51.00 round number
A move through the 52.07 lower high and the downtrend line would negate the post-CPI downtrend read
Fed's Bowman at 20:30 UTC, then Paulson/Bowman at 23:30 UTC, could materially shift this read if a larger December hike is endorsed
The post-CPI leg fib from 52.07 to 51.129 frames any rebound; its 38.2–50% zone sits near the 51.63 breakdown and ema20
Lower highs and lower lows since the CPI break of 52.00.
Silver sold off from the 53.70 Asia high after Waller's hike warning, and the hot October CPI then broke the 52.00 handle. Mid-NY, price is stepping lower in a lower-high chain to a 51.129 session low, below the ema20 (51.795) and ema50. RSI(14) at 25.4 is oversold but sits above its 21.7 post-CPI trough while price has made lower lows, a mild bullish divergence, and ATR has expanded to ~239 pips.
Support: 51.129, 51.00
Resistance: 51.609, 51.795, 52.07
What it said to watch
M15 close above the 51.609 lower high, near the 50% retracement of the post-cpi leg, breaks the lower-high chain
Reclaim of the ema20 at 51.795 would point to a deeper retrace toward the 52.07 post-cpi high
Failure at the 51.129 session low exposes the 51.00 round number
Fed's Bowman at 20:30 UTC, then Paulson and Bowman at 23:30 UTC, could materially shift this read
16:46 UTC
Downtrend, oversold · RSI 27 · price 51.307
Lower highs and lower lows since the 53.70 Asia high; fresh NY session low.
Hot October CPI extended the London slide that began on Waller's hike warning. NY capped the post-print rebound at the 52.07 cpi bounce, a lower high under the descending trendline, then made a fresh session low at 51.259, inside the 51.25–51.40 area. RSI(14) is oversold at 26.7 but holds above its post-CPI trough of 21.7, a mild bullish divergence, with ATR at 241 pips.
Support: 51.259, 51.00
Resistance: 51.63, 51.85, 52.07
What it said to watch
M15 close below the 51.259 session low extends the lower-low chain toward the 51.00 round number
Reclaim of the 51.63 breakdown level and the ema20 at 51.85 would mark the first break in NY's lower-high sequence
Close above the 52.07 cpi bounce high breaks the descending trendline and the intraday downtrend read
Fed's Bowman at 20:30 GMT, then Paulson/Bowman at 23:30 GMT, could materially shift this read
16:31 UTC
Downtrend, oversold and extended · RSI 26 · price 51.335
Lower highs and lower lows since the Asia high; post-CPI low broken in NY hours.
Silver has printed lower highs from the 53.70 Asia high. The hot CPI beat at 13:30 UTC extended the slide, and NY hours have now taken out the 51.459 post-CPI low to a 51.274 session low. RSI(14) at 25.9 is oversold and ATR has expanded to 250 pips, with price below a falling ema20 (51.903) and ema50.
Support: 51.274, 51.00
Resistance: 51.459, 51.903, 52.07
What it said to watch
Acceptance below the 51.274 session low leaves the 51.00 psych level as the next reference
Reclaim of the 51.459 post-CPI low would mark the break as a false break
M15 close above the 52.070 bounce high breaks the lower-high trendline structure
Fed's Bowman at 20:30 UTC, then Paulson/Bowman at 23:30 UTC, could shift this read if they endorse a larger December hike
16:16 UTC
Downtrend, oversold and volatile · RSI 28 · price 51.525
Lower highs and lower lows since the London breakdown, NY extending the session low.
Waller's larger-hike warning broke silver out of the Asian range during London. The hot October CPI (0.4% vs 0.3% f/c) then pushed it through 52.00 to a 51.319 session low in NY. Post-CPI lower highs keep bounces capped below the 52.07 swing high, with price under both EMAs, RSI(14) oversold at 28.1 and ATR expanded to about 249 pips.
Support: 51.319, 51.25
Resistance: 51.964, 52.07, 52.239
What it said to watch
A break below the 51.319 session low extends the lower-low chain toward the 51.25 Friday low
An M15 close above the 52.07 swing high, through ema20 at 51.964 and the 52.00 handle, breaks the post-CPI lower highs
Waller low at 52.24 is now overhead; a reclaim would undo the London breakdown
Bowman at 20:30 UTC, then Bowman and Paulson at 23:30 UTC, could materially shift this read on hike-size talk
16:02 UTC
Downtrend, lower lows into NY session · RSI 30 · price 51.573
Lower-high/lower-low chain since CPI, below both EMAs.
Silver extended the Waller-driven London slide after the hot US CPI print, with lower lows at 51.58, 51.46 and a 51.32 session low beneath a falling lower-highs line from the 52.24 CPI high. RSI(14) is oversold at 29.7 but holding above its post-CPI 21.7 low, a mild bullish divergence, while ATR has expanded to about 254 pips.
Support: 51.319, 51.25
Resistance: 51.63, 52.018, 52.238
What it said to watch
M15 close above 51.63 lower high breaks the post-CPI lower-high chain
Reclaim of ema20 at 52.02 and the 52.00 handle would shift the read to a range
Failure to hold the 51.32 session low extends lower lows toward the 51.25 friday low
Fed's Bowman at 20:30 UTC could materially shift this read
15:46 UTC
Downtrend, lower highs into NY session · RSI 31 · price 51.593
Lower highs and lower lows from the 53.70 Asia high; NY bounce capped at 52.07.
Waller's larger-hike warning broke silver off the 53.70 Asia high in London. The hot October CPI (0.4% vs 0.3%) then extended the slide through the 51.581 cpi spike to a 51.459 session low. The early NY bounce stalled at 52.07, a lower high at the ema20, and price is back near 51.59 under both EMAs; RSI(14) at 31.3 sits above its 21.7 post-CPI trough despite a lower close, and ATR(14) has expanded to ~250 pips.
Support: 51.581, 51.459, 51.25
Resistance: 52.07, 52.423
What it said to watch
Break of the 51.459 session low extends the lower-low chain toward the 51.25–51.40 friday low
M15 close above the 52.07 lower high (ema20 at 52.069) breaks the falling trendline and ends the post-CPI lower-high read
Recovery of the ema50 at 52.423 would put price back inside the pre-CPI range
Bowman at 20:30 UTC, then Bowman and Paulson at 23:30 UTC, on hike size could materially shift this read
Lower highs and lower lows; post-CPI bounce capped under ema20.
Silver extended its slide after the hot October CPI (MoM 0.4%, core 0.3%). The selloff began with Waller in London and reached a NY session low at 51.459. The rebound high at 52.070 was rejected just under the lower-high trendline and the ema20 at 52.117, while RSI(14) recovered from 21.7 to 35.9 and ATR(14) expanded to ~245 pips.
Support: 51.772, 51.459
Resistance: 52.07, 52.117, 52.239
What it said to watch
M15 close above the 52.117 ema20 and the lower-high trendline breaks the descending sequence
Acceptance back above the 52.239 waller low would undo the post-CPI breakdown
Failure to hold the 51.772 minor low re-exposes the 51.459 session low
Fed's Bowman at 20:30 UTC (~5h) is the next test of larger-hike pricing and could materially shift this read
Lower highs since Asia; post-CPI break below the 52.18 range floor.
The hot October CPI (core 0.3% vs 0.2%) broke the 52.18 range floor that held through London. Silver extended Waller's slide to a fresh cpi low at 51.46 in the first hour of NY, while rebound highs near 51.96 have capped. Price sits below both falling EMAs, RSI(14) is oversold at 28.4 and ATR has expanded to 239 pips.
Support: 51.459, 51.25
Resistance: 51.958, 52.189, 52.525
What it said to watch
Failure to hold the 51.46 cpi low exposes last week's 51.25–51.40 area (last wk low)
M15 close back above the 51.96 rebound high and the ema20 at 52.19 would neutralise the post-CPI leg
A break of the lower-high trendline toward the ema50 at 52.53 would invalidate the downtrend read
Fed's Bowman at 20:30 UTC could materially shift this read
14:32 UTC
Downtrend, post-CPI base forming · RSI 32 · price 51.852
Lower highs from 52.64; holding just above the 51.581 CPI low.
Silver extended its Waller-led slide through London, then the hot October MoM CPI prints flushed it to the 51.581 CPI low. In the first hour of NY a base has formed at the 51.69–51.71 post-CPI low, while bounces stall at 51.96, below the 38.2% retracement of the CPI leg. Price sits below both EMAs. RSI(14) has recovered to 32.1 from 21.7, and ATR has expanded to 219 pips on the release.
Support: 51.692, 51.581
Resistance: 51.958, 52.235, 52.443
What it said to watch
A close above the 51.958 post-CPI cap opens the 52.235 ema20, where the lower-highs trendline also sits
A break back above the 52.443 lower high would end the intraday lower-highs sequence
Failure to hold the 51.692 post-CPI low exposes the 51.581 CPI low, with last week's 51.25–51.40 zone beyond it
Fed's Bowman at 20:30 GMT, the first Fed speaker after the hot CPI, could materially shift this read
Lower highs since Asia high; morning 52.2–52.4 range broken on CPI.
Silver has printed lower highs from the 53.70 Asia high. Waller's bigger-hike warning broke London below the Asian range, and the hot CPI beat then took out the 52.2–52.4 morning range to a 51.58 CPI low. Early NY is holding under the 51.95 post-CPI high, with RSI(14) at 22.2 and ATR(14) expanding to 217 pips, well below the 52.27 ema20.
Support: 51.581, 51.40
Resistance: 51.952, 52.06, 52.27
What it said to watch
M15 close back above the 51.95 post-CPI high and the 52.06 pre-CPI low reclaims the broken range and eases the downtrend read
Break of the 51.58 CPI low exposes last week's 51.25–51.40 zone (last wk zone)
Lower highs trendline and ema20 near 52.19–52.27 cap any rebound; the 23.6% fib of the 53.70–51.58 drop sits around 52.08
Fed's Bowman at 20:30 GMT could shift this read after the hot CPI
Lower highs since Asia; London range broken lower on CPI.
The hot US CPI print (core 0.3% vs 0.2% f/c) extended the Waller-driven slide from the 53.70 Asian high. Price broke the 52.05–52.44 London grind range and printed a 51.581 cpi low. Price sits below the ema20 at 52.326, RSI(14) is oversold at 21.7 and ATR has expanded to 215 pips. The first hour of NY is bouncing off the low, with the 52.054 pre-cpi low lining up with the 38.2% of the waller-cpi leg overhead.
Support: 51.581
Resistance: 52.054, 52.326, 52.64
What it said to watch
M15 close back above the 52.054 pre-cpi low turns the CPI break into a false break
Failure to hold the 51.581 cpi low confirms a fresh lower-low in the NY session
Reclaim of the ema20 at 52.326 and the 61.8% of the waller-cpi leg would challenge the lower-high sequence below the 52.64 swing high
Fed's Bowman speaks at 20:30 UTC (~6h) and could add to hike-size repricing
Lower highs since Waller; CPI broke the 52.05-52.18 base.
The hotter US CPI print (headline 0.4% vs 0.3%, core 0.3% vs 0.2%) hit silver from the 52.238 CPI high to the 51.581 CPI low, breaking the prior low at 52.054. That extends the lower-highs slide from the 53.701 Asia high that began with Waller's comments. Price is back at the 52.00 round number in early NY session, below the ema20 at 52.389, with RSI(14) oversold at 27.3 and ATR jumping to 198.7 pips.
Support: 52.00, 51.581
Resistance: 52.054, 52.238, 52.389
What it said to watch
Failure to hold the 52.00 round number reopens the 51.581 CPI low
An M15 close back above the 52.238 CPI high and the lower-highs line would neutralise the breakdown
Prior low at 52.054 is the first test for any rebound, and the ema20 at 52.389 sits above it
Core CPI YoY is still missing from the feed. The Bowman speech in about 6.7h could shift the read
The fib of the Asia high to CPI low move frames any retracement
13:31 UTC
Downtrend, CPI bar extending the slide · RSI 33 · price 51.819
Lower-high chain from the 53.701 Asia high; 52.00 broken on the CPI bar.
Silver has printed a steady lower-high chain since the 53.701 Asia high. Waller's hawkish warning early in London knocked it to 52.239, and the still-forming CPI release bar has broken the 52.054 pre-cpi low and 52.00 to a 51.581 cpi low. Price sits below the ema20 (52.43) and ema50 (52.681), RSI(14) was 33.4 at the pre-release close, not yet oversold, and ATR(14) is 163.5 pips.
Support: 51.581, 51.40
Resistance: 52.054, 52.43, 52.681
What it said to watch
CPI bar closing back above the 52.054 pre-cpi low would turn the 52.00 break into a false break
Acceptance below the 51.581 cpi low exposes 51.40 as the next support
Close above the lower highs trendline near 52.27 and the ema20 at 52.43 would break the lower-high chain
Fed's Bowman at 20:30 UTC, the first post-CPI Fed commentary, could materially shift this read
Lower highs since the Waller drop, fresh session low at 52.071.
Waller's bigger-hike warning during London broke silver below the 52.70 area at 09:00 UTC. Since then the pair has printed lower highs from the 52.64 bounce high under a falling ema20, and it set a session low at 52.071 just ahead of CPI. RSI(14) at 35.7 is soft but not oversold, and ATR has eased to 156 pips from 190 as price compresses into the release.
Support: 52.071, 52.00
Resistance: 52.453, 52.64, 52.70
What it said to watch
US October CPI at 13:30 UTC, 14 minutes out, could materially shift this read; core MoM vs 0.2% f/c is the swing figure
An M15 close below the 52.071 session low and the 52.00 round number extends the lower-low sequence
A close above the ema20 at 52.453 and the lower-high trendline breaks the post-Waller sequence; the 52.64 bounce high and ema50 at 52.70 sit just above
Moves above 52.48 would retrace past the 50% of the Waller drop fib
13:00 UTC
Downtrend, lower highs since Asia · RSI 32 · price 52.078
Lower-high chain after Waller drop, pressing 52.00 into CPI.
Silver has faded from the 53.63–53.70 Asian highs, and Waller's bigger-hike warning at 09:00 UTC knocked it from 52.76 to 52.24. London has since printed lower highs at the 52.64 bounce high and the 52.44 lower high, and the current bar is pressing 52.08, below the 52.177 broken low and under both falling EMAs. RSI(14) at 31.9 is close to oversold but not in it, and ATR(14) has eased to 149 pips from 190 ahead of CPI.
Support: 52.00
Resistance: 52.177, 52.443, 52.64
What it said to watch
US CPI at 13:30 UTC (ADP 4-week average at 13:15) can override intraday structure; core MoM vs the 0.2% forecast is the swing figure
M15 close below the 52.00 round number extends the lower-low sequence
Recovery back above the 52.177 broken low and the 52.443 lower high breaks the lower-highs trendline read
The 52.64 bounce high caps the post-Waller structure; reclaiming it neutralises the downtrend read
Waller's bigger-hike warning knocked silver from 52.76 to 52.24 at the 09:00 UTC bar. The London session has since printed lower highs at 52.64 and 52.443 and a fresh session low at 52.177. Price is below the ema20 (52.50) and the ema50 (52.738), with RSI(14) at 32 and not yet oversold, and ATR near 153 pips going into CPI.
Support: 52.177, 52.00
Resistance: 52.443, 52.50
What it said to watch
US CPI at 13:30 UTC (core MoM f/c 0.2%), with ADP at 13:15, could materially shift this read
Failure to hold the 52.177 session low exposes the 52.00 round number
An M15 close above the 52.443 lower high and the ema20 at 52.50 breaks the lower-high line
Lower highs below a falling ema20 since the Waller drop.
Waller's bigger-hike warning at 09:00 UTC knocked silver from 52.76 to 52.24. London has since ground lower beneath a falling ema20 at 52.53, printing lower highs at 52.64 (prior high) and 52.44 (swing high) along the post-Waller line. Price is pressing the 52.23 session low; RSI(14) at 33.6 is heavy but not oversold, and ATR(14) is about 158 pips.
Support: 52.23, 52.00
Resistance: 52.44, 52.53, 52.64
What it said to watch
US CPI at 13:30 UTC (~58 min), with ADP at 13:15, could materially shift this read; core MoM vs 0.2% is the swing factor
M15 close below the 52.23 session low extends the lower-low chain and exposes the 52.00 psych level
M15 close above the 52.44 swing high and ema20 at 52.53 breaks the post-Waller line; 52.64 prior high is the next cap
12:16 UTC
Downtrend, compressing near lows · RSI 37 · price 52.366
Lower highs above a flat 52.23–52.26 base.
Waller's bigger-hike warning in early London hours extended the slide from the 53.70 Asia high and took out yesterday's 52.45 prior low. Price has since compressed between the 52.23 session low and lower highs at 52.64 and 52.44, below a falling ema20 at 52.56 (ema50 52.78), with RSI(14) at 37.3 and ATR(14) at 161 pips ahead of CPI.
Support: 52.231, 52.00
Resistance: 52.454, 52.557, 52.64
What it said to watch
An M15 close below the 52.23 session low extends the lower-low chain toward the 52.00 round number
Reclaiming the 52.45 prior low and the ema20 at 52.56 eases downside pressure; a close above the 52.64 swing high breaks the lower-high sequence
US CPI at 13:30 UTC (ADP at 13:15) could materially shift this read; core MoM vs the 0.2% forecast is the swing factor
A retrace toward the 38.2% fib of the Asia high-to-low drop, near 52.79 and close to the ema50, would mark a deeper unwind of the Waller move
12:02 UTC
Downtrend, lower lows into London · RSI 32 · price 52.356
Lower highs and lows below the Asian range, compressing near the session low.
Silver has unwound the move from the 53.701 Asia high. Waller's bigger-hike warning at 09:00 GMT broke price below the Asian range, and London has since ground out lower lows to a 52.231 session low. Price sits under a falling ema20 (52.576) and ema50 (52.795). RSI(14) is 31.6, near but not oversold, and ATR has eased to 160 pips into the CPI countdown.
Support: 52.231, 52.00
Resistance: 52.576, 52.64, 52.795
What it said to watch
Failure to hold the 52.231 session low exposes the 52.00 psych level
Recovery above the 52.640 swing high and the ema20 would break the London lower-high chain; ema50 at 52.795 is the next cap
US CPI at 13:30 GMT (core MoM f/c 0.2%), with ADP at 13:15, could materially shift this read
A rebound into the 38.2% of the Asia high fib (~52.79) would put price back at the ema50
Asian range broken lower in London; tight base above 52.24.
London broke below the Asian low at 52.88. Waller's bigger-hike remark at 09:00 UTC then flushed silver to a 52.239 session low (the waller low), and it has since held a tight 52.26–52.44 base capped by a lower high at 52.442, below a falling ema20 (52.606) and ema50 (52.816). RSI(14) 34.4 is soft but not oversold, and ATR(14) has eased to 160 pips from 191 into the late-London lull ahead of CPI.
Support: 52.239, 52.00
Resistance: 52.442, 52.606, 52.88
What it said to watch
US October CPI at 13:30 UTC (ADP 4-week average at 13:15) is the dominant risk; core MoM vs the 0.2% forecast could reset this read outright
An M15 close below the 52.239 waller low extends the lower-low chain toward the 52.00 psych level
A close above the 52.442 lower high and ema20 at 52.606 would print the first higher high since the Waller drop
Asian low at 52.88 sits just above the 38.2% asia high fib retrace and ema50 (52.80–52.82), the next resistance cluster on any recovery
11:32 UTC
Downtrend, compressing near lows · RSI 34 · price 52.322
Lower highs from 53.71 Asian high, coiling above 52.25 session low.
Silver has printed lower highs since the 53.71 Asian high. London broke the Asian range low at 52.89 and extended to a 52.25 session low, retested at 52.26. Price is now coiling just above that low, below both EMAs, with RSI(14) at 34 and ATR(14) easing to 164 pips from 189 as the market waits on US CPI.
Support: 52.25, 52.00
Resistance: 52.439, 52.636, 52.84
What it said to watch
US October CPI at 13:30 GMT (~2h) could materially shift this read. Core MoM vs the 0.2% forecast is the key print
M15 close below the 52.25 session low extends the lower-low chain toward the 52.00 psych level
M15 close above the 52.44 lower high and the ema20 at 52.64 would break the lower-highs sequence
The ema50 at 52.84 marks the upper edge of the London decline structure
11:17 UTC
Downtrend, lower highs since Asia · RSI 36 · price 52.424
Lower-high chain from the 53.712 Asian peak; London low at 52.25 being retested.
Silver has printed lower highs since the Asian session peak at 53.712. London extended the selloff to the 52.25 london low, and that low is now being retested at 52.256, with RSI(14) at 35.6, soft but not oversold. Price sits below the ema20 (52.663) and ema50 (52.859) as the USD steadies ahead of US CPI.
Support: 52.25, 52.00
Resistance: 52.647, 52.859
What it said to watch
US October CPI at 13:30 GMT (~2h), with core MoM forecast at 0.2%, could materially shift this read; ATR(14) is already ~168 pips
M15 close below the 52.25 london low extends the lower-low chain toward the 52.00 round number
Reclaim of the 52.647 lower high, the bounce that stalled below the 38.2% of the 53.452–52.25 selloff fib, breaks the lower-high sequence
Holding the ema50 at 52.859 as a cap keeps the downtrend structure intact
Lower highs from the 53.71 Asia high; London broke the Asian range low.
Silver slid from the 53.71 Asia high as the USD caught bids. London broke below the Asian range low near 52.89, and the Waller-hour flush set a 52.25 session low. The bounce stalled at the 52.65 swing high under the descending trendline. Price sits below a falling ema20 (52.689) and ema50, with RSI(14) at 32.8, just shy of oversold, and ATR near 168 pips.
Support: 52.25, 52.00
Resistance: 52.455, 52.647, 52.689
What it said to watch
A close below the 52.25 session low extends the lower-low chain towards the 52.00 round number
Reclaiming the 52.455 prior low and the 52.647 swing high would break the descending trendline read
US CPI at 13:30 GMT (~2.5h; core MoM f/c 0.2%) could materially shift this read
Asian range broken lower; lower-high chain pressing session low.
Silver has slid from the 53.712 Asian high as the USD caught bids. London broke the Asian low at 52.886, and the session low at 52.25 printed during the 09:00 GMT Waller window. The bounce stalled at a 52.647 lower high and price is grinding back toward the session low, below a falling ema20 at 52.723. RSI(14) at 32.8 is soft but not oversold, and ATR of ~174 pips keeps bar ranges wide.
Support: 52.25, 52.00
Resistance: 52.647, 52.723, 52.886
What it said to watch
US CPI at 13:30 GMT (~2.7h) could materially shift this read; core MoM vs 0.2% f/c is the swing print
M15 close below the 52.25 session low extends the lower-low chain toward the 52.00 psych level
Close above the 52.647 lower high and descending trendline breaks the intraday lower-high sequence; ema20 at 52.723 sits just above
Reclaim of the 52.886 Asian low would put price back inside the Asian range
10:32 UTC
Downtrend, below both EMAs · RSI 34 · price 52.41
Lower-high chain since Asia open, Asian range broken lower.
Silver has printed lower highs from the 53.71 Asia-open high. London broke the 52.89 Asian range low and flushed to the 52.25 swing low around Waller's appearance as the USD caught bids. The bounce stalled at a 52.65 lower high under the 38.2% fib, and price is back near the 52.37 session low, below ema20 (52.76) and ema50 (52.92), with RSI(14) at 34.1.
Support: 52.369, 52.25
Resistance: 52.647, 52.761, 52.919
What it said to watch
M15 close below the 52.25 swing low extends the lower-low chain
Close above the 52.65 lower high breaks the descending trendline; ema20 at 52.76 and ema50 at 52.92 sit above
Holding the 52.37 session low keeps a base under price ahead of the data
US CPI at 13:30 GMT (~3h) and ADP at 13:15 could materially shift this read
Lower highs since Asia; London broke below the Asian range, now a tight base above 52.25.
Silver slid from its 53.71 Asian high on a firmer USD. The lower highs held, London broke below the Asian low at 52.886, and the 09:00 UTC flush during Waller hours hit a 52.25 session low. The bounce capped at 52.647 and price sits below a falling ema20 and ema50, with RSI(14) at 35.5 and a higher low at 52.405 still holding.
Support: 52.405, 52.25
Resistance: 52.647, 52.797, 52.886
What it said to watch
M15 close below the 52.25 session low extends the lower-low chain
Loss of the 52.405 higher low turns the base back into the downtrend
Recovery above the 52.647 bounce high and ema20 at 52.797 shifts the read to a retrace of the 53.45-52.25 drop
Reclaiming the Asian low at 52.886 negates the London range break
US CPI at 13:30 UTC (~3h) could materially shift this read; ATR(14) at 184 pips
Lower highs from 53.712 Asia high; London low 52.250 swept, base forming above.
Silver was capped at the 53.712 Asia high inside the 53.50–53.75 zone as the USD caught bids, then printed a lower-highs chain into London. A 09:00 GMT flush swept the prior-day low to the 52.250 london low before a bounce stalled at the 52.647 bounce high, under the 38.2% fib of the selloff near 52.709. Price holds below ema20 52.831 and ema50 52.959, with RSI(14) back at 40 from 32 and ATR(14) at 180 pips.
Support: 52.435, 52.25
Resistance: 52.647, 52.831, 52.899
What it said to watch
Failure to hold the 52.435 base low reopens the 52.250 london low
M15 close above the 52.647 bounce high and then ema20 at 52.831 would test the 50% fib of the selloff
Close above the 52.899 lower high breaks the lower-highs chain
US CPI at 13:30 GMT (core MoM f/c 0.2%) could materially shift this read; ATR 180 pips is already elevated going into the print
09:32 UTC
Downtrend, lower highs since Asia · RSI 34 · price 52.484
Lower-high chain off the 53.712 Asian high; Monday low swept and reclaimed.
Silver has made lower highs from the 53.712 Asian high, with EMA20 crossing below EMA50. Waller's 09:00 GMT remarks drove a sweep of the monday low at 52.412 to a 52.25 session low before price closed back above it. Mid-London price sits at 52.48, below the earlier london low at 52.691; RSI(14) is 34.3, soft but not oversold.
Support: 52.412, 52.25, 52.00
Resistance: 52.691, 52.887, 53.00
What it said to watch
US CPI at 13:30 GMT (core m/m f/c 0.2%) could materially shift this read
M15 close back below the monday low at 52.412 reopens the 52.25 session low, then the 52.00 round number
Reclaim of the london low at 52.691 and the ema20 at 52.887 needed to break the lower-high chain
A break of the lower-highs trendline or the 53.00 round number would undercut the downtrend read
ATR(14) near 184 pips marks wide intraday swings ahead of CPI
Lower highs from the 53.71 Asian high; Monday's base broken.
Silver has printed a chain of lower highs since the 53.71 Asian high, and the 09:00 GMT bar around Waller's remarks broke Monday's 52.34–52.45 base to a 52.25 session low before a partial wick recovery. Price sits below the ema20 (52.925) and ema50 (53.01), with RSI(14) at 32 and ATR widening to 188.8 pips. The 52.69 prior low, near the 38.2% fib of the 53.45–52.25 drop, is the first cap overhead.
Support: 52.25, 52.00
Resistance: 52.691, 52.925, 53.01
What it said to watch
Failure to hold the 52.25 session low exposes the 52.00 round number
M15 close back above the 52.69 prior low (38.2% fib) would ease the breakdown read
Reclaim of the ema50 near 53.01 would break the lower-high sequence
US CPI at 13:30 GMT (~4h) could materially shift this read; ATR already expanding
Silver has slid from the 53.71 Asian high in a descending-trendline sequence, with the 53.452 lower high the last cap. The bar opening into Waller's 09:00 GMT speech broke the 52.69 London low and printed a 52.25 session low, erasing Monday's NY spike. Price sits below the ema20 at 52.973 and the ema50, with RSI(14) at 40.1 and ATR at 163 pips at the last close.
Support: 52.25, 52.00
Resistance: 52.69, 52.973, 53.452
What it said to watch
M15 close back above the 52.69 london low would mark the break as false
Failure to hold the 52.25 session low exposes the 52.00 round number
Close above the 53.452 lower high breaks the descending trendline
US CPI at 13:30 GMT could materially shift this read
08:46 UTC
Downtrend, lower highs off the Asian high · RSI 42 · price 52.829
Lower highs 53.71 → 53.64 → 53.45; Asian low lost, retest from below.
Silver has stepped down in lower highs from the 53.71 Asian high, breaking the Asian low and printing a 52.69 session low as mild USD buying pared Monday's oil-driven squeeze. The early London bounce is stalling under the old asian low near 52.89, with price below the ema20 (52.994) and ema50 (53.042) and RSI at 41.8. ATR(14) is about 168 pips.
Support: 52.691, 52.604
Resistance: 52.89, 52.994, 53.452
What it said to watch
Waller at 09:00 UTC (14 min) could move this read
Close back above the asian low at 52.89 and the ema20 near 52.99 (38.2% of the fade leg fib) would stall the lower-high sequence
Failure to hold the 52.69 session low exposes the 52.60 spike base from Monday's pre-rally range
Only a move through the 53.45 lower high breaks the lower highs trendline
US CPI at 13:30 UTC is the main event risk for today's range
08:31 UTC
Intraday downtrend, lower highs since Asia · RSI 39 · price 52.767
Asian range 52.886–53.712 broken lower; LH/LL chain intact.
Silver has stepped down from the 53.712 Asian high through a series of lower highs, most recently 53.452, and slipped below the 52.886 Asian range floor into the London open. The selloff printed a 52.691 session low. Supply then capped the bounce at the 52.899 swing high, with price below both EMAs and the ema20 (53.011) now crossed under the ema50. RSI(14) at 38.8 is soft but not oversold, and ATR(14) has eased to ~172 pips as USD flows stay muted ahead of Waller and US CPI.
Support: 52.691, 52.604, 52.455
Resistance: 52.899, 53.011, 53.452
What it said to watch
Failure to hold the 52.691 session low extends the lower-low chain toward the 52.604 monday base, then the 52.455 swing low
An M15 close back above the 52.899 swing high and the ema20 at 53.011 would stall the selloff and put the selloff fib's 50–61.8% zone in play
The lower-high line from 53.64 caps rebounds; a close above the 53.452 lower high invalidates the downtrend read
Fed's Waller at 09:00 UTC and US October CPI at 13:30 UTC could materially shift this read
Lower highs from 53.712 Asian high; London broke the Asian range low.
Mild USD buying into CPI has pulled silver off the 53.712 Asian high in a chain of lower highs. The drop from the 53.452 lower high broke the 52.886 Asian low and reached a 52.691 London low, and price is now retesting 52.886 from below with the ema20 (53.038) and ema50 (53.063) overhead. RSI(14) has lifted to 41 from 35, and ATR is easing to about 172 pips.
Support: 52.691, 52.455
Resistance: 52.886, 53.038, 53.452
What it said to watch
M15 close back above the 52.886 asian low turns the break into a false break and puts the ema20 at 53.038 in play
Failure below the 52.691 london low exposes Monday's 52.455 prior low
A close above the lower highs trendline near 53.30 and the 53.452 lower high breaks the sequence
Fed's Waller at 09:00 UTC, in about 45 minutes, could jolt the USD leg
US October CPI at 13:30 UTC is the main risk to this structure
08:00 UTC
Intraday downtrend, lower highs since Asia · RSI 37 · price 52.78
Break below Asian range low, fresh session low.
Silver slipped below the Asian range low near 52.88 ahead of the London open and printed a 52.69 session low. The drop extends a chain of lower highs from the 53.71 Asian high, which faded on modest USD buying. Price sits below both EMAs, with RSI(14) at 37 and ATR(14) near 175 pips.
Support: 52.691, 52.60
Resistance: 52.88, 53.095, 53.452
What it said to watch
A recovery back above the asian low at 52.88 would mark the range break as a false break.
Failure to hold the 52.69 session low exposes the 52.60 monday lows.
A close above the 53.45 swing high and the lower-high trendline would invalidate the downtrend read. The ema20 at 53.10 is the first cap.
Waller at 09:00 GMT and US CPI at 13:30 GMT could materially shift this read.
07:32 UTC
Downtrend inside the Asia session, momentum soft · RSI 42 · price 52.918
Lower highs from the 53.71 Asia high, retesting the Asia low.
The Asia session printed lower highs at 53.71 (asia high), 53.64 and 53.45 (lower high). Price is now retesting the 52.87–52.89 asia low ahead of London open, below the ema20 (53.13) and ema50 (53.10), with RSI(14) at 42. Monday's late spike from 52.88, driven by the softer USD and the oil slide, has been fully retraced.
Support: 52.873, 52.604
Resistance: 53.099, 53.452, 53.712
What it said to watch
M15 close below the 52.873 asia low extends the lower-low sequence toward the 52.60 swing low
Reclaim of the 53.10 ema50, then a break of the lower highs trendline near 53.45, would void the intraday downtrend read
A move back above the 53.71 asia high puts the 53.50–53.75 channel top back in play
ATR(14) at 167.5 pips, easing from 208; ranges are compressing into the event risk
Fed's Waller at 09:00 GMT (~90 min) and US CPI at 13:30 GMT could materially shift this read
07:17 UTC
Intraday pullback, lower highs since Asia · RSI 40 · price 52.905
Asian range 52.88–53.71 with price retesting the Asian low, below both EMAs.
Silver has given back most of the late-NY spike and is retesting the 52.88 Asian low into the London open, after modest USD buying followed the 53.71 Asian high. Price is capped by a lower-high trendline from 53.71 through the 53.45 swing high and sits below the ema50 (53.105) and a softening ema20 (53.148). RSI(14) is 40 and ATR(14) is about 173 pips.
Support: 52.88, 52.60
Resistance: 53.105, 53.148, 53.452
What it said to watch
An M15 close below the 52.88 Asian low opens the 52.60 spike base, the consolidation floor before the late-NY breakout
A recovery through the ema50/ema20 at 53.10–53.15 and the 53.45 swing high would break the lower-high trendline read
Fed's Waller at 09:00 GMT and US CPI at 13:30 GMT could materially shift this read
Lower highs from the 53.712 Asian high; lows holding 52.886–52.951.
The late-NY spike from 52.88 carried into an Asian high at 53.712, but the 53.64 and 53.452 rallies printed lower highs. Price has slid back below the ema50 and ema20 into the London open and is testing the 78.6% fib of the 52.886–53.452 Asia leg near the 52.951 swing low. RSI(14) is 43.4 and ATR(14) has eased from 205 to 168.7 pips ahead of CPI.
Support: 52.951, 52.886
Resistance: 53.114, 53.174, 53.452
What it said to watch
M15 close below the 52.951 swing low and the 52.886 asian low breaks the Asian range floor
Reclaiming the ema50 at 53.114 and the ema20 at 53.174 would neutralise the pullback
A break above the 53.452 lower high, and the lower highs trendline, reopens 53.712
Fed's Waller speaks at 09:00 GMT (~2h) and could jolt the London session
US CPI at 13:30 GMT (in ~6.5h) could materially shift this read
Silver spiked in late NY as oil slid on Iran headlines and tagged the 53.712 Asian high, but the late-Asia bounce was rejected at the 53.452 swing high. Price is back below the ema50 (53.118) and EMA20 near 52.98 ahead of London open, with the asian low at 52.886 next and the prior range base near 52.60 below it. RSI(14) sits at 45, ATR(14) is 172 pips.
Support: 52.886, 52.60
Resistance: 53.118, 53.452, 53.712
What it said to watch
M15 close below the 52.886 asian low breaks the Asian range and exposes the 52.60 prior range base
Reclaim of the 53.118 ema50 shifts focus back to the 53.452 swing high and the lower-highs trendline
Close above the 53.712 asian high invalidates the lower-highs read
Fed's Waller at 09:00 UTC (~2h) and US CPI at 13:30 UTC (~7h) could materially shift this read
Asian range 52.886–53.712, lower highs vs higher low.
Silver is coiling inside the Asian range of 52.886–53.712. The 53.712 Asian high has been followed by lower highs at 53.64 and 53.452, while the 53.101 swing low sits above the 52.886 low. This follows Monday's NY-hours spike through 53.50 on the softer USD. Late in Asia, price is retracing the 52.89–53.45 leg between the 50% and 61.8% fib, below the ema20 at 53.205 and just above the ema50 at 53.12, with RSI(14) neutral at 48.4.
Support: 53.12, 53.101, 52.886
Resistance: 53.205, 53.452, 53.712
What it said to watch
Failure to hold the 53.101 swing low and the ema50 at 53.12 opens a retest of the 52.886 Asian low
M15 close above the ema20 and the lower-highs trendline through the 53.452 lower high reopens the 53.712 Asian high
Fed's Waller at 09:00 GMT and US CPI at 13:30 GMT could materially shift this read; ATR(14) at 174 pips
Lower-high chain under 53.712, mid-range above both EMAs.
Late Asia session: silver tagged a 1.5-week high at the 53.712 Asian high on lower oil and has since printed lower highs at 53.64 and the 53.452 swing high, with the rebound from the 52.886 Asian low now retracing about half. Last close sits above the ema20 (53.211) and ema50 (53.119). RSI 51.6 is neutral and ATR at ~177 pips is compressing from 212 into London and CPI.
Support: 53.211, 53.101, 52.886
Resistance: 53.452, 53.712
What it said to watch
Close back below the 53.101 swing low exposes the 52.886 Asian low
Close above the 53.452 swing high breaks the lower-highs line and reopens the 53.712 Asian high
Loss of the ema20 at 53.211 turns the rebound fib midpoint into the pivot
Fed's Waller at 09:00 GMT and US CPI at 13:30 GMT could materially shift this read
06:03 UTC
Sideways, lower highs inside Asian range · RSI 54 · price 53.272
Asian range 52.886–53.712 with a lower-high sequence; mid-range chop.
Late Asia session: silver is chopping inside a 52.886–53.712 Asian range after Monday evening's spike through 53.00 on the oil slide. Lower highs at 53.712, 53.64 and 53.452 are capping rebounds, and the latest rebound from the asian low stalled at 53.452. Price holds above the ema20 at 53.208 and EMA50 at 53.114, with RSI(14) 54.3 neutral and ATR easing from 212 to 180.9 pips.
Support: 53.208, 53.00, 52.886
Resistance: 53.452, 53.712
What it said to watch
M15 close above the 53.452 lower high breaks the lower-high line; the 53.712 asian high is the next cap
Loss of the ema20 and the 53.00 round number exposes the 52.886 asian low
Fed's Waller at 09:00 GMT and US CPI at 13:30 GMT could materially shift this read
Asian range 52.89–53.71 with lower highs; higher low at 53.10 after rebound.
Asian session faded from the 53.71 asian high (1.5-week top) on modest USD buying, printing lower highs at 53.64 and 53.45 along a falling trendline. The Asia rebound from the 52.89 asian low met rejection at that trendline with RSI(14) near 53, while the 53.10 higher low and the 53.00 round number sit beneath the market heading into the pre-London hours.
Support: 53.10, 53.00, 52.886
Resistance: 53.452, 53.712
What it said to watch
M15 close above the 53.45 trendline breaks the lower-high sequence and brings the 53.71 asian high back into view
Failure to hold the 53.10 higher low and the 53.00 round number reopens the 52.89 asian low
ATR(14) near 165 pips; Waller at 09:00 UTC and US CPI at 13:30 UTC (~8h) could materially shift this read
05:17 UTC
Range-bound, short-term recovery off the Asian low · RSI 53 · price 53.236
Lower highs at 53.71 and 53.64 inside a 52.89–53.71 Asian range; price mid-range.
Late Asia session: after Monday's oil-driven late-NY spike to 53.54, silver set a 53.71 asian high, printed a 53.64 lower high and slid to the 52.89 asian low before rebounding to 53.24. It now sits at the 38.2% retrace of that Asian drop, with RSI(14) neutral near 53. The 53.25 swing high is capping the bounce, while the 53.10 swing low and the 53.00 round number hold below.
Support: 53.101, 53.00, 52.886
Resistance: 53.254, 53.64, 53.712
What it said to watch
M15 close above the 53.25 swing high exposes the 50% retrace near 53.30 and the falling trendline off the 53.71 asian high
Failure to hold the 53.10 swing low and the 53.00 round number reopens the 52.89 asian low
Close above the 53.64 lower high breaks the Asian lower-high sequence
Fed's Waller at 09:00 GMT and US CPI at 13:30 GMT could materially shift this read
05:04 UTC
Asia pullback from 53.71, stabilising · RSI 47 · price 53.167
Lower highs since 53.712, Asian low 52.886 held twice, price mid-range.
The oil-driven extension set an Asian high at 53.712 before fresh USD buying faded it, leaving lower highs at 53.64 and the 53.254 bounce high against an Asian low at 52.886 that held twice. Price is sitting on EMA20 near 53.17, just under the 38.2% fib of the Asian drop and above the 53.00 round number, with RSI(14) neutral at 47.
Support: 53.00, 52.886
Resistance: 53.254, 53.64, 53.712
What it said to watch
An M15 close above the 53.254 bounce high and the 50% fib near 53.30 breaks the Asian lower-high sequence and puts the trendline near 53.45 in play
A 53.64 lower high, then the 53.712 Asian high, are the next caps if the trendline gives way
Failure to hold the 53.00 round number and the 52.886 Asian low confirms a lower low
Fed's Waller at 09:00 UTC and US CPI at 13:30 UTC could materially shift this read
04:32 UTC
Intraday pullback from Asian high, basing near lows · RSI 45 · price 53.176
Lower highs from 53.712; tentative double bottom at the Asian low.
Asia session extended Monday's oil-driven bid to the 53.712 Asian high, then fresh USD buying produced a rejection and lower highs at 53.64 and 53.265. Price is lifting off a tentative double bottom at the 52.886 Asian low, now pressing the 53.12 neckline and sitting just below the 38.2% fib of the Asia drop near 53.20. RSI(14) is neutral near 45 and ATR(14) is about 175 pips.
Support: 53.00, 52.886
Resistance: 53.265, 53.712
What it said to watch
Holding above 53.12 late in the Asia session confirms the double bottom; a reclaim of the 53.265 lower high breaks the sequence of lower highs and puts the 53.712 Asian high back in view
A slip back under the 53.00 round number and through the 52.886 Asian low voids the double bottom and exposes yesterday's 52.46 lows
Fed's Waller at 09:00 UTC and US CPI at 13:30 UTC could materially shift this read
Lower highs from the 53.71 Asia high, lows holding near 52.89.
Asia briefly cleared Monday's late Iran-headline spike high, reaching 53.71. The push failed at the asia high, and price has since faded through lower highs, most recently 53.12. It now sits at 52.99, near the 61.8% retrace of the 52.57–53.71 spike leg and just above the 52.89 asia low, with RSI(14) near 45 and price below both EMAs.
Support: 52.886, 52.566
Resistance: 53.124, 53.712
What it said to watch
M15 close below the 52.89 asia low confirms a lower-low and exposes the 52.57 ny lows
M15 close above the 53.12 lower high breaks the descending trendline and the fade structure
Fed's Waller at 09:00 UTC (~5h) could shift this read ahead of the 13:30 UTC US CPI
Lower highs from the 53.712 Asia high, price pressing the 52.89 session low.
Monday's late-NY oil and Iran-driven spike carried into an Asia high at 53.712, where it met rejection. The Asian range has since printed lower highs at 53.64 and 53.124 under a descending trendline. Price now sits on the 52.886 session low, near the 50% fib of the 52.066–53.712 leg and the top of Monday's NY range; it trades below EMA20/50 with RSI(14) near 44.
Support: 52.886, 52.695, 52.455
Resistance: 53.124, 53.64, 53.712
What it said to watch
M15 close below the 52.886 session low opens the 61.8% fib at 52.695, then the 52.455 ny range low
M15 close above the 53.124 lower high and descending trendline breaks the Asian lower-high sequence and puts the 53.64 spike high back in play
Reclaim of the 53.712 asia high would negate the rejection read
Fed's Waller at 09:00 UTC and US CPI at 13:30 UTC could materially shift this read
03:47 UTC
Intraday downtrend, lower highs through Asia · RSI 42 · price 52.919
Lower highs and lower lows since the 53.71 Asia high.
Rejection at the 53.71 Asia high on fresh USD buying left lower highs at 53.64 and 53.12. Price slipped back under the 53.00 round number to a new Asia low at 52.89 late in the session, with RSI(14) near 42. Monday's oil-driven rally off 52.57 has now retraced past 61.8%, with the fib 78.6% at 52.81 and the NY lows near 52.60 next below.
Support: 52.886, 52.814, 52.60
Resistance: 53.00, 53.124, 53.712
What it said to watch
M15 close back above the 53.12 lower high breaks the lower-high sequence; 53.00 round number is the first test
Loss of the 52.89 Asia low exposes the fib 78.6% at 52.81, then NY lows near 52.60
Fed's Waller at 09:00 UTC and US CPI at 13:30 UTC could materially shift this read
Lower highs from the 53.712 Asia high, base near 52.90.
Late Asia session: silver hit the 53.712 asia high (the ~$53.70 cap) and has faded on fresh USD buying. It printed a lower high at 53.26 and a 52.897 asia low, which retests the top of Monday's NY range near the 50% of the monday rally fib. Price is pinned at the 38.2% (~53.08) just above the 53.00 psych level, with RSI(14) at 43 and EMA20 overhead.
Support: 53.00, 52.897
Resistance: 53.26, 53.524, 53.712
What it said to watch
A close below the 53.00 psych level and the 52.897 asia low would break the retest of Monday's breakout and expose the 61.8% of the monday rally fib near 52.69
A close above the 53.26 lower high would break the Asia lower-high chain, putting the 53.524 ny high and the 53.712 asia high back in play
Fed Waller at 09:00 UTC and US CPI at 13:30 UTC could materially shift this read; ATR ~205 pips is likely to expand into the release
03:17 UTC
Pullback deepening, lower highs through Asia · RSI 44 · price 53.01
Asia lower-high/lower-low sequence back into the base of Monday's late spike.
Monday's late Iran-headline spike from the 52.863 spike base peaked at the 53.712 Asia high near the $53.70 cap. Fresh USD buying then produced a 53.64 spike high and a 53.265 lower high, pulling price back to 53.01, the 61.8% of the Monday rally fib, just above the 52.897 Asia low. RSI(14) is at 44 with price under both EMAs, and ATR(14) is near 185 pips.
Support: 52.897, 52.863, 52.604
Resistance: 53.265, 53.64, 53.712
What it said to watch
M15 close below the 52.863 spike base erases the late-Monday leg and exposes the 52.604 rally origin
Recovery above the 53.265 lower high breaks the Asia lower-high sequence, with the 53.64 spike high and 53.712 Asia high overhead
Fed's Waller at 09:00 UTC and US CPI at 13:30 UTC could materially shift this read
03:04 UTC
Intraday pullback, lower highs since Asia open · RSI 41 · price 53.007
Lower highs from 53.71 Asian high, holding 52.90 Asian low.
Asia session rejected the 53.71 Asian high and the 53.64 spike high, printing a lower high at 53.265 and a 52.90 Asian low as fresh USD buying trimmed Monday's oil-led gain. Price sits on the 53.00 handle near the 50% retrace of the 52.07–53.71 move, below both EMAs with RSI(14) near 41.
Support: 52.897, 52.455
Resistance: 53.265, 53.64, 53.712
What it said to watch
M15 close below the 52.90 Asia low extends the lower-high sequence and opens the 52.455 range low from Monday's London/NY session
Reclaim of the 53.265 lower high breaks the lower-highs trendline and puts the 53.64 spike high and 53.71 Asia high back in focus
Fed's Waller at 09:00 UTC, then US CPI at 13:30 UTC, could materially shift this read
Lower highs through Asia session, testing 53.00 psych.
Silver carried Monday's oil-driven rally to a 53.71 session high at the Asia open. Modest USD buying since has printed lower highs at the 53.64 spike high and the 53.26 lower high, pulling price back to the 53.00 psych handle near the 38.2% retrace of the 52.07–53.71 move. The 52.95 session low is the immediate floor, with the 52.86 spike base from Monday's late NY breakout below it.
Support: 52.947, 52.863, 52.695
Resistance: 53.64, 53.712
What it said to watch
M15 close below the 52.95 session low confirms a lower low and exposes the 52.86 spike base, then the 61.8% fib at 52.70
M15 close back above the 53.26 lower high breaks the Asia lower-high sequence; the 53.64 spike high and 53.71 session high remain the cap
Fed's Waller at 09:00 UTC and US CPI at 13:30 UTC could materially shift this read
02:31 UTC
Intraday pullback inside a contracting Asian range · RSI 44 · price 53.145
Lower highs at 53.71 and 53.64, higher low at 53.08 above the 53.00 asian low.
Monday's late-NY spike from the 52.86 spike base, on the oil slide and softer yields, carried into an Asian high at 53.71. A second push was rejected at a 53.64 lower high, and price has slipped back under the ema20 and the 61.8% spike fib toward the 53.08 higher low, still above the 53.00 asian low. RSI(14) sits near 44 and ATR(14) is around 200 pips, so swings remain wide for the range.
Support: 53.08, 53.00, 52.86
Resistance: 53.28, 53.64, 53.71
What it said to watch
Close below the 53.00 asian low breaks the range floor and exposes the 52.86 spike base
Reclaim of the ema20 at 53.28, then a close above the 53.64 lower high, breaks the lower-highs trendline toward the 53.71 asian high
Waller at 09:00 UTC and US CPI at 13:30 UTC could materially shift this read
Lower high at 53.64 under the 53.71 session high; Asia range 53.00–53.71 with price mid-range.
After Monday's late-NY spike from the 52.86 spike base on the Iran-driven oil slide, Asia pushed through the 53.50 channel cap to a 53.71 session high but could not hold it. A second push stalled at a 53.64 lower high, and price has rotated back to 53.19, near the 50% retrace of the 52.60–53.71 leg, with the 53.00 session low sitting at the 61.8% level.
Support: 53.08, 53.00, 52.86
Resistance: 53.50, 53.64, 53.71
What it said to watch
Close back above the 53.50 channel cap reopens the 53.71 session high and negates the lower-highs line
Break of the 53.08 swing low and the 53.00 session low exposes the 52.86 spike base
Waller at 09:00 UTC and US CPI at 13:30 UTC could materially shift this read
Asia range 52.998–53.712, lower high at 53.64 after failed breaks above 53.50.
Asia session twice pushed through the 53.45–53.50 channel cap. Both moves were rejected: first the 53.712 session high, then a 53.64 lower high. Price is back at 53.16, under EMA20 but above EMA50, sitting between the 23.6% and 38.2% retracement of Monday's 52.07–53.71 rally, with the asian low at 52.998 the nearest floor.
Support: 52.998, 52.863
Resistance: 53.50, 53.64, 53.712
What it said to watch
M15 close below the 52.998 asian low breaks the session range and exposes the 52.86 spike base from the late-NY oil-driven pop
Acceptance back above the 53.50 channel cap and the 53.64 lower high would neutralise the rejection read; 53.712 session high is the range top
Fed's Waller at 09:00 UTC and US CPI at 13:30 UTC could materially shift this read; ATR near 210 pips already reflects wide intraday swings
Asia range 53.00–53.70 after late-NY breakout; failed hold above 53.50.
Softer USD and lower oil lifted silver out of its 52.45–53.03 range late in NY, but Asia's push to a 53.70 session high failed back below the 53.50 channel cap and slipped to the 53.00 session low before whipsawing to 53.63. Price now sits near 53.27, between the 50% and 61.8% retrace of the 53.00–53.63 leg. RSI(14) is neutral at ~47 and price is pinned on EMA20.
Support: 53.00, 52.856
Resistance: 53.50, 53.701
What it said to watch
M15 close back above the 53.50 channel cap reopens the 53.70 session high
Loss of the 53.00 session low exposes the 52.86 late-NY base
Fed's Waller at 09:00 GMT and US CPI at 13:30 GMT could materially shift this read
Asia range 52.996–53.701 after false break below post-spike floor.
Late NY spiked silver through the 53.45–53.50 channel cap as lower oil eased inflation fears, and Asia stretched to a 53.701 session high. The dip to a 52.996 session low broke the post-spike floor at 53.232 and held near the 38.2% fib of the 52.06–53.70 leg. A single bar then reversed it to a 53.629 reversal high, and price is now sitting back on the channel cap.
Support: 53.45, 53.232, 52.996
Resistance: 53.629, 53.701
What it said to watch
M15 closes back below the 53.45 channel cap and the 53.232 post-spike floor would undo the false-break read
Loss of the 52.996 session low breaks the rising support from the 52.06 London low
Acceptance above the 53.629 reversal high and 53.701 session high clears the Asian range
Fed's Waller at 09:00 UTC and US CPI at 13:30 UTC could materially shift this read; a hot core print has 52.00 in play
Asian range 53.00–53.70; low swept, 53.50 reclaimed.
Early Asia pushed through 53.00 to a session low of 52.996, close to the 38.2% fib of the 52.06–53.70 leg. The 01:00 UTC bar then reversed through 53.50 in one candle, putting price back above the channel cap after the softer USD and oil drift on Monday. The 53.70 session high caps the Asian range, and rising support from Monday's London low is still intact.
Support: 53.50, 52.996
Resistance: 53.701
What it said to watch
M15 close back below 53.50 returns price under the channel cap and back inside the Asian range
Loss of the 52.996 session low breaks rising support and the higher-low chain from 52.06
M15 close above the 53.70 session high clears the Asian range top
Fed's Waller (09:00 UTC) and US CPI (13:30 UTC) could materially shift this read
01:03 UTC
Uptrend, stalling after rejection · RSI 46 · price 53.161
False break above 53.50, lower highs off 53.70.
A softer USD and falling oil fuelled Monday's late-NY breakout from the 52.45–52.88 range, which carried silver to the 53.50 channel cap. Early Asia printed a 53.70 session high but could not hold above 53.50, and price slid to a 53.00 swing low near the 38.2% fib. Price now trades below EMA20 with RSI(14) near 46.
Support: 53.00, 52.88
Resistance: 53.50, 53.701
What it said to watch
M15 close back above the 53.50 channel cap reopens the 53.70 session high
Failure to hold the 53.00 swing low exposes the 52.88 range top and the 50% fib
Waller (09:00 GMT) and US CPI (13:30 GMT) could materially shift this read
00:46 UTC
Pullback after rejection at 53.70 · RSI 42 · price 53.196
Lower highs off the 53.70 session high, early-Asia floor at 53.10.
Monday's late-NY spike from the 52.86 spike base came as oil slid on Iran de-escalation and the USD softened. The reopen push to the 53.70 session high cleared the 53.50 channel cap briefly, but it was a false break. Early Asia has printed lower highs back below ema20 near 53.28. RSI(14) is near 42, and price is holding the 53.10 session low around the 50% retracement of the 52.60–53.70 leg.
Support: 53.10, 53.02, 52.86
Resistance: 53.28, 53.50, 53.70
What it said to watch
Failure to hold the 53.10 session low exposes the 61.8% fib near 53.02, then the 52.86 spike base
An M15 close back above the 53.50 channel cap negates the false-break read and puts the 53.70 session high back in play
Reclaiming ema20 near 53.28 would stall the lower-high sequence
Waller at 09:00 UTC and US CPI at 13:30 UTC could materially shift this read
00:32 UTC
Intraday uptrend, stalling below the cap · RSI 44 · price 53.233
Higher low at 52.06, late-NY impulse, reopen high rejected.
Monday's late-NY impulse from the 52.86 spike base, on a softer USD and lower oil, carried into the reopen. Early Asia probed a 53.701 session high above the 53.50 channel cap but could not hold it. Price has slipped back to 53.23, under EMA20 and testing the 53.18 spike low, with RSI(14) near 44.
Support: 53.176, 53.074, 52.856
Resistance: 53.50, 53.701
What it said to watch
M15 close below the 53.18 spike low exposes the fib 38.2 at 53.07, then the 52.86 spike base
Acceptance back above the 53.50 channel cap negates the false-break read and reopens the 53.70 session high
Waller (09:00 GMT) and US CPI (13:30 GMT) could materially shift this read; the cap is the level in focus either way
Late-NY range break holding, Asia push above 53.50 reversed.
Silver broke out of Monday's 52.45–53.03 range late in the NY session as a softer USD and sliding oil lifted metals. The early Asia session ran to an Asia high of 53.70, above the 53.50 channel cap, then faded back to 53.32 for a false break so far. Price now sits on EMA20 near 53.26 with the breakout low at 53.23 just below, and the 61.8% of the breakout leg lines up with the 53.03 range top.
Support: 53.23, 53.03
Resistance: 53.50, 53.70
What it said to watch
M15 close below the 53.23 breakout low exposes the 53.03 range top and the 61.8% of the breakout leg
Acceptance back above the 53.50 channel cap negates the false break and reopens the 53.70 Asia high
Fed's Waller at 09:00 UTC and US CPI at 13:30 UTC could materially shift this read
Late-NY range breakout, higher lows holding above 53.23.
The late-NY breakout above the 53.03 range top extended to a 53.70 session high in early Asia, as a softer USD and lower oil supported metals. Price has since slipped back below the 53.45 channel cap, a false break so far, but the breakout leg's higher lows at 53.23 remain intact. RSI(14) is neutral at 56.
Support: 53.23, 53.03, 52.88
Resistance: 53.45, 53.70
What it said to watch
An M15 close back above the 53.45 channel cap reopens the 53.70 session high
Loss of the 53.23 breakout low exposes the 53.03 range top and the fib 50% retracement at 52.88
Fed's Waller at 09:00 GMT and US CPI at 13:30 GMT Tuesday could materially shift this read