XAG/USD AI Live Scan, daily chart, Thursday, 11 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.

21:05 UTC

Downtrend, momentum accelerating · RSI 32 · price 62.826

Lower highs and lower lows, fresh leg down.

Silver is in a sharp multi-week downtrend, collapsing from the ~$96 February peak and from ~$68 this week alone as hawkish-Fed repricing after the 4.2% CPI print crushed the non-yielding metal. Price trades far below EMA20 and EMA50 with both falling, and the break under the 200-day region near $67.25 accelerated selling into a $61.49 fresh low. The last closed bar at 62.826 is holding just above the $61.50 bounce area and the $61.02 YTD low, with RSI cycling near oversold.

Support: 61.50, 61.02, 60.00

Resistance: 66.00, 67.25

What it said to watch

  • Clean D1 close below 61.02 opens the path toward 60.00
  • Reclaim of 66.00 cap needed to neutralize the bearish structure
  • Fri UoM Michigan + inflation expectations (14:00 GMT) could extend or pause the decline
  • FOMC 16-17 Jun is the dominant catalyst for this read

21:04 UTC

Downtrend, momentum accelerating · RSI 30 · price 62.826

Lower highs / lower lows since March peak.

Silver is in a sustained downtrend, carving lower highs and lower lows since the ~96.37 peak in early March and accelerating this week below the 200-day SMA (~67.25). The breakdown follows hawkish-Fed repricing after the 4.2% CPI print, with price now probing the 61.49 YTD low and 60.00 round number into oversold RSI. Bounces have stalled well under the 66.00 cap.

Support: 61.487, 60.00, 54.46

Resistance: 66.00, 67.25

What it said to watch

  • Daily close below 61.49 ytd low opens 60.00 then the 54.46 swing low
  • Reclaim of 66.00 cap needed to neutralise the breakdown
  • Fri UoM Michigan sentiment + inflation expectations could extend or relieve the move

All markets that day · Today’s XAG/USD Live Scan in the terminal