XAG/USD AI Live Scan, 15-minute chart, Thursday, 12 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, pausing in a tight range · RSI 46 · price 50.109
Post-breakdown range 49.92–50.31, lower highs from NY open.
Silver lost the 50.90 shelf at the NY open as the USD extended on hawkish Fed repricing, bottoming at the 49.695 day low before stalling. Since then it has held a 49.92–50.31 range into the early Asia session, with the range top near the fib 38.2 and ema50 (50.328). Price is pressing ema20 at 50.062 from below, RSI(14) at 45.9 and ATR(14) compressing to 124 pips from 207.
Support: 50.00, 49.921, 49.695
Resistance: 50.306, 50.328, 50.516
What it said to watch
M15 close above the 50.306 range top and ema50 at 50.328 breaks the lower highs sequence from the 50.516 lower high
Failure at the 50.00 psych level and a break of the 49.921 range floor reopens the 49.695 day low
Fed's Williams speaking now (23:30 GMT) could break the range during the Asia session
US PPI Fri 13:30 GMT is the next major volatility event for the USD and silver
23:31 UTC
Downtrend, compressing near the lows · RSI 41 · price 50.014
Post-selloff consolidation 49.92–50.31 with lower highs.
The NY-session selloff from 51.17 to the 49.695 day low came on the USD rally and hawkish Fedspeak. Silver has since compressed between the 49.92 range floor and the 50.31 range top, a 38.2% retrace of the selloff, printing lower highs below the ema20 and the falling ema50. ATR(14) has eased to 127 pips from 214 and RSI(14) sits at 41, so momentum is soft but not stretched.
Support: 49.92, 49.695
Resistance: 50.306, 50.339
What it said to watch
Fed's Williams speaking now (23:30 GMT) into the thin early Asia session could break the compression
A close below the 49.92 range floor exposes the 49.695 day low
A close above the 50.31 range top and the ema50 at 50.34 breaks the lower-highs sequence
US PPI Fri 13:30 GMT is the next scheduled driver for USD and silver
Silver's NY-session selloff on USD strength and hawkish Fed repricing found a day low at 49.695, and the bounce stalled twice at the 50.306 range high near the 38.2% retrace. Early Asia trade is compressing in the 49.92–50.31 range below ema20 and ema50, with RSI(14) at 41 and ATR easing to 128 pips.
Support: 49.921, 49.695
Resistance: 50.07, 50.306, 50.353
What it said to watch
M15 close below the 49.921 range low exposes the 49.695 day low
Reclaim of ema20 at 50.07 and a close above the 50.306 range high would mark a deeper selloff retrace toward ema50 at 50.353
Fed's Williams at 23:30 GMT, about 13 min out, could break the thin early Asia range
US PPI Fri 13:30 GMT is the next major risk for the range
Tight box 49.92–50.31 below the NY session low bounce.
Silver lost the Asian range low near 51.15 in London and slid to a 49.695 session low in NY, as hot-CPI hike bets kept the USD bid. Since then it has held a box between the 49.92 range low and the 50.306 range top, which sits on the 38.2% fib of the NY drop. Late in the session, price is pinned just under the ema20 at 50.078, with ATR compressing from 231 to 131.8 pips.
Support: 49.921, 49.695
Resistance: 50.078, 50.306, 50.368
What it said to watch
Fed's Williams at 23:30 GMT, about 28 min out, could break the compression
A close above the 50.306 range top and the ema50 at 50.368 would point to a deeper retracement of the NY drop
Failure at the 49.92 range low reopens the 49.695 session low
Lower highs since NY selloff, tight 49.92–50.31 range.
Silver broke below London's 50.735 low after the 13:30 UTC claims print. A strong USD on Fed hike repricing drove it to a 49.695 session low. The bounce stalled near a 41% retracement of the NY selloff, and price has since held a 49.92–50.31 range with lower highs below the falling ema50. ATR has compressed from 231 to 132 pips, and price is testing the ema20 from below in thin after-close trade.
Support: 49.921, 49.695
Resistance: 50.306, 50.368
What it said to watch
Fed's Williams at 23:30 UTC (43 min) could break the post-close range
M15 close below the 49.921 range low exposes the 49.695 session low
Close above the 50.306 range top breaks the lower-highs sequence and puts the ema50 at 50.368 in play
US PPI Fri 13:30 UTC is the next major volatility event
22:31 UTC
Downtrend, pausing in a post-NY range · RSI 45 · price 50.057
49.94–50.31 range below the ema50 after the 49.695 session low.
A USD bid on hawkish Fed repricing took London through the Asian range low near 51.15. NY extended the move after claims to a 49.695 session low. Since then silver has held a 49.94–50.31 range, with the range top at the 38.2% fib of the NY leg. Price is back on the $50 psych level but just under the ema20 at 50.078 and the falling ema50 at 50.368, while ATR(14) has compressed from 231 to 131.8 pips into the late-session lull.
Support: 50.00, 49.94, 49.695
Resistance: 50.078, 50.306, 50.368
What it said to watch
Fed's Williams at 23:30 UTC, about 1h away, could break the range either way
M15 close above the 50.306 range top and the ema50 at 50.368 invalidates the range-under-pressure read
Failure to hold the 49.94 range low reopens the 49.695 session low
US PPI Fri 13:30 UTC is the larger event risk for this structure
22:16 UTC
Downtrend, compressing after NY flush · RSI 45 · price 50.057
Tight post-NY range 49.92–50.30 with lower highs, below both EMAs.
London broke below the Asian range. The NY open then extended the slide from 51.17 to the 49.695 NY low as the USD rallied on hawkish Fed repricing. The bounce stalled near the 38.2% retrace of the NY selloff fib at the 50.30 range top, and price has since drifted in a 49.92–50.30 band under a lower-highs line. Price sits just under the ema20 at 50.078 with RSI(14) at 44.8 and ATR(14) contracting from 231 to 132 pips.
Support: 49.92, 49.695
Resistance: 50.078, 50.30, 50.368
What it said to watch
M15 close above the 50.30 range top and the ema50 at 50.368 breaks the lower-highs line and the consolidation read
Failure to hold the 49.92 range low reopens the 49.695 NY low
Fed's Williams speaks in ~73 min (23:30 UTC); comment on December hike size could break the range
ATR contraction into thin late-NY trade; a range break may come with expansion
22:03 UTC
Downtrend, consolidating after NY selloff · RSI 45 · price 50.057
Post-NY range 49.90–50.31 below ema50, lower highs since London.
Silver broke the London consolidation in the first hour of NY as the hawkish-Fed USD bid extended. It printed the 49.695 NY low, then bounced twice into the 50.30 range top, between the 38.2% and 50% retracement of the NY drop. Since then it has compressed in a 49.90–50.31 range around the 50.00 psych mark, sitting just under the ema20, with ATR easing from 231 to 132 pips.
Support: 50.00, 49.903, 49.695
Resistance: 50.306, 50.368
What it said to watch
M15 close above the 50.306 range top and the ema50 at 50.368 would break the post-NY lower-high sequence
Failure to hold the 49.903 range low exposes the 49.695 NY low
Fed's Williams at 23:30 UTC (in ~86 min) could break the late-session compression
US PPI Fri 13:30 GMT is the larger risk to the downtrend read
21:46 UTC
Downtrend, momentum fading into late NY · RSI 39 · price 49.993
Lower highs below 50.30, tight range hugging 50.00 psych.
The NY drop from 51.17 bottomed at the 49.695 day low as the USD firmed on hawkish Fed repricing. The rebound stalled twice at a 50.30 double high, roughly a 41% retracement of the NY drop. Price has since drifted along a lower-highs line into a tight late-session range at the 50.00 psych, below the ema20 (50.08), with RSI(14) at 39 and ATR(14) compressing from 238 to 135 pips.
Support: 49.921, 49.695
Resistance: 50.00, 50.08, 50.306
What it said to watch
An M15 close back above the ema20 at 50.08 and the lower-highs line reopens the 50.30 double high
Failure to hold the 49.92 late low exposes the 49.695 day low
Acceptance either side of the 50.00 psych ends the current compression
Fed's Williams at 23:30 GMT (~1h45m) could break the late-session range
US PPI Fri 13:30 GMT is the next major risk to this read
21:31 UTC
Downtrend, momentum fading into late NY · RSI 38 · price 49.983
Lower highs from 50.306 pressing late-NY lows near 49.92.
Silver broke the Asian range low in London and extended through $50 in the first hours of NY on USD strength and hawkish Fed repricing, bottoming at the 49.695 day low. The bounce stalled at the 50.306 bounce high, near the 41% retrace of the NY selloff fib. Late NY is drifting on lower highs toward the 49.921 session low, below the ema20 at 50.09 and the ema50 at 50.397, with RSI(14) at 38.4 and ATR(14) compressing to 142 pips.
Support: 49.921, 49.695
Resistance: 50.09, 50.306, 50.397
What it said to watch
M15 close below the 49.921 session low reopens the 49.695 day low
Close above the 50.306 bounce high breaks the lower-highs sequence and puts the ema50 at 50.397 in play
Fed's Williams in ~2h could materially shift this read
US PPI Friday 13:30 GMT is the next major volatility event for the metal
21:16 UTC
Downtrend, momentum fading into late NY · RSI 38 · price 49.969
Lower highs after the NY low, compressing below 50.00.
Silver broke the Asian range low during London, then slid to the 49.695 NY low as hot-CPI Fed-hike repricing kept the USD bid. Two rebounds stalled at the 38.2% fib near 50.30. Late NY trade is sliding under the 50.00 psych level and the ema20, with a lower-high trendline pressing price toward the 49.921 late low. ATR is compressing to 149 pips and RSI is at 37.6.
Support: 49.921, 49.695
Resistance: 50.00, 50.103, 50.306
What it said to watch
M15 close back above the ema20 at 50.103 breaks the lower-high trendline
Failure to hold the 49.921 late low exposes the 49.695 NY low
Rejection again at the 38.2% fib at 50.306 keeps the downtrend sequence intact
Fed's Williams at 23:30 GMT could shift this read; US PPI follows Fri 13:30 GMT
Lower highs pressing on a flat floor near 49.92, below both EMAs.
Silver slid through London and NY on the broad USD rally and hawkish Fed talk, printing a session low at 49.695. The bounce stalled at the 50.306 range top, the 38.2% fib of the 51.295–49.695 selloff. Late NY has since coiled into lower highs above the 49.92 range floor, with price below ema20 (50.118) and ema50 (50.433), RSI 38.8 and ATR compressing to 157 pips.
Support: 49.92, 49.695
Resistance: 50.118, 50.306, 50.433
What it said to watch
M15 close below the 49.92 range floor reopens the 49.695 session low
Break of the lower-highs line and a close above ema20 at 50.118 eases the compression read; the 50.306 range top / 38.2% fib is the next cap
Hold above ema50 at 50.433 would neutralise the intraday downtrend
Fed's Williams at 23:30 UTC could expand ranges out of the current compression
Tight 49.94–50.31 box below both EMAs after NY selloff.
Silver extended the London weakness through the NY session as the USD and Fed-hike repricing held firm. It slid from 51.295 to a 49.695 session low, and the bounce stalled near the 38.2% of the NY selloff. Since then price has boxed between the 49.94 range floor and the 50.31 range top, capped by the ema20 (50.131) and the ema50 (50.451). ATR(14) has compressed to 158 pips from 245 and RSI(14) sits flat near 40.
Support: 49.947, 49.695
Resistance: 50.131, 50.306, 50.451
What it said to watch
M15 close above the 50.31 range top and the ema50 at 50.451 would end the late-NY consolidation read and open a deeper retrace of the NY selloff
Failure to hold the 49.94 range floor exposes the 49.695 session low
Fed's Williams at 23:30 GMT could break the compressed late-NY range
US PPI Fri 13:30 GMT is the larger event risk for the sub-$50 test
Lower lows through London and NY; tight 49.94–50.31 range since the 49.695 session low.
Silver extended lower through the NY session as the USD rallied on hawkish Fed repricing. Price printed a session low at 49.695, and the rebound stalled at 50.30, just above the 38.2% fib of the NY leg. Late-NY trade is a tight 49.94–50.31 range below the ema20 at 50.143. RSI(14) is at 41.3 and ATR(14) has compressed from 244 to 162 pips.
Support: 49.94, 49.695
Resistance: 50.143, 50.306, 50.468
What it said to watch
M15 close below the 49.94 range low exposes the 49.695 session low
Close above the 50.31 range top and the ema20 opens a test of the ema50 at 50.468
Fed's Williams at 23:30 GMT could break the late-NY range
US PPI Fri 13:30 GMT is the larger catalyst for the next leg
20:17 UTC
Downtrend, compressing near lows · RSI 43 · price 50.048
Post-selloff range 50.00–50.31, rising lows off 49.695.
Silver left the Asian range (51.154–51.933) in London, then the NY session selloff on a firm USD and hawkish Fed talk ran to a 49.695 session low. The bounce stalled at the 38.2% fib of the 51.295–49.695 leg (50.306), and price has since held a 50.00–50.31 range with rising lows, sitting below the ema20 (50.153) and ema50 (50.486). RSI is 43 and ATR has compressed from 248 to 165 pips.
Support: 50.00, 49.903, 49.695
Resistance: 50.153, 50.306, 50.486
What it said to watch
M15 close below the 50.00 psych level and the rising-lows line exposes the 49.903 swing low, then the 49.695 session low
Reclaim of the ema20 at 50.153 and a close above the 38.2% fib at 50.306 breaks the range top; the ema50 at 50.486 sits above that
Fed's Williams at 23:30 UTC (~3h) could materially shift this read
20:02 UTC
Downtrend, pausing after NY sell-off · RSI 44 · price 50.053
Silver dropped from 51.17 to a 49.695 session low during NY hours as the firm USD and hawkish Fed pricing pushed it through the 51.15–51.20 floor. The rebound has stalled twice at the 50.30 rebound high, near the 38.2% of the NY sell-off. Price is now compressing above psych 50.00 on rising lows but still trades below ema20 (50.16) and ema50 (50.50). RSI(14) has recovered to 44 from 21.7, and ATR is contracting to 170 pips.
Support: 50.00, 49.903, 49.695
Resistance: 50.16, 50.306, 50.502
What it said to watch
Close below psych 50.00 and the rising lows exposes the 49.903 higher low, then the 49.695 session low
Close above the 50.30 rebound high and ema20 opens a test of ema50 at 50.50
Fed's Williams at 23:30 UTC and Friday's US PPI could materially shift this read
19:46 UTC
Downtrend, pausing after NY flush · RSI 42 · price 50.095
Tight 49.90–50.31 range under EMAs.
Silver broke the 50.74 London low through the NY open as firm USD and hawkish Fed pricing overrode softer claims, flushing to a 49.695 session low. Since then price has held a 49.90–50.31 range, with the range top capped at the 38.2% fib of the 51.295–49.695 leg and rising lows into 50.00 psych. Price sits below the ema20 (50.165) and ema50 (50.518), RSI(14) at 42.1 has recovered from 21.7, and ATR(14) has compressed from 251 to 178 pips.
Support: 50.00, 49.903, 49.695
Resistance: 50.165, 50.306, 50.518
What it said to watch
M15 close above the 50.306 range top and 38.2% fib opens the ema50 at 50.518
Loss of 50.00 psych and the 49.903 range low breaks the rising lows and puts the 49.695 session low back in play
Fed's Williams at 23:30 UTC could materially shift this read
US PPI Fri 13:30 UTC is the next major volatility risk for USD and silver
19:31 UTC
Downtrend, pausing in late NY · RSI 42 · price 50.023
Post-selloff consolidation 49.90–50.31 below both EMAs.
Silver broke the 51.15 floor during NY hours as the firm USD and hawkish Fed tone drove a slide to the 49.695 session low. It has since held a 49.94 range low to 50.306 range top band, below the flattening ema20 and the falling ema50, with the range top capping at the 38.2% selloff fib. RSI(14) recovered from 21.7 to 41.6, and ATR is compressing from 251 to 183 pips.
Support: 49.94, 49.695
Resistance: 50.306, 50.536
What it said to watch
M15 close above the 50.306 range top and the ema50 at 50.536 would end the consolidation read
Failure to hold the 49.94 range low reopens the 49.695 session low
Fed's Williams at 23:30 UTC could shift this read; US PPI on Friday is the larger event risk
Lower highs into the 49.695 NY session low, now a 49.90–50.31 range with higher lows.
NY session broke the Asian low near 51.15 and extended to a 49.695 session low as hawkish Fed pricing kept USD bid. Since then price has compressed between a 49.94 higher low and twin highs at the 50.30 range top, near the 38.2% retracement of the NY drop. It trades below the ema20 at 50.185 and the ema50 at 50.555, with RSI(14) back at 43.2 from sub-22 and ATR(14) contracting to 190 pips.
Support: 49.942, 49.695
Resistance: 50.185, 50.306, 50.555
What it said to watch
M15 close above the 50.30 range top and the ema50 at 50.555 would mark a deeper retracement of the NY drop
Failure to hold the 49.94 higher low and the 49.695 session low resumes the lower-low sequence
Fed's Williams at 23:30 UTC could materially shift USD tone and this read
Silver lost the 51.15 Asian range low in London and extended through NY to a 49.695 session low as the USD firmed on hawkish Fed repricing. Since then it has held a 49.70–50.31 band with rising lows, and the range top sits at the 38.2% fib of the 51.295–49.695 leg. RSI(14) has rebuilt from 21.7 to 45.1, ATR is compressing to 191.5 pips, and price sits just below the ema20 at 50.193.
Support: 49.942, 49.695
Resistance: 50.193, 50.306, 50.573
What it said to watch
M15 close below the 49.94 rising lows line reopens the 49.695 session low
Close above the 50.306 range top and 38.2% fib exposes the ema50 at 50.573
Fed's Williams at 23:30 GMT could materially shift this read
18:46 UTC
Downtrend, basing after NY flush · RSI 46 · price 50.157
Higher lows off 49.695, capped at 50.30 range top.
Silver broke the 51.154 Asia low in London and flushed to a 49.695 session low through the NY open as a hawkish Fed and firm USD dominated; softer claims gave no relief. Since then price has built higher lows at 49.903 and 49.942 under a 50.30 range top, which also marks the 38.2% retrace of the selloff. That cap rejected again at 50.306 late in NY, with RSI(14) recovered to 46 from sub-22 and ATR compressing from 251 to 196 pips.
Support: 49.942, 49.695
Resistance: 50.306, 50.59, 51.154
What it said to watch
M15 close above the 50.30 range top / 38.2% selloff fib opens the falling ema50 at 50.59
Break below the 49.942 higher low voids the basing read and puts the 49.695 session low back in play
Former 51.154 Asia low is the broken floor overhead on any extended rebound
Fed's Schmid now and Williams at 23:30 GMT could shift this read on any hint of a larger December hike
Lower highs from 51.30, now a 49.90–50.30 consolidation with higher lows.
Silver sliced below the Asian range low at 51.15 in London and extended to a 49.695 session low in NY as the USD firmed on hawkish Fed repricing. Since then it has held higher lows near 49.94, with RSI(14) recovering from 21.7 to 46.1, and is pressing the ema20 at 50.196 with the 38.2% fib at 50.30 capping the 16:00 GMT rebound.
Support: 49.942, 49.695
Resistance: 50.196, 50.301, 50.516
What it said to watch
Close above the 38.2% fib at 50.30 opens the 50.52 swing high, with ema50 at 50.606 above it
Break of the 49.94 higher lows line exposes the 49.695 session low
Fed's Schmid now, the Budget Statement in 28m and Williams at 23:30 GMT could jolt this after-London-close range
ATR easing from 251 to 199.6 pips shows the post-selloff range compressing
Lower highs from the NY open; tight 49.94–50.30 consolidation since the 49.695 low.
Silver lost the 51.15 Asian floor and slid through NY hours as hawkish Fed repricing kept USD bid. Softer jobless claims gave no relief, and price bottomed at a 49.695 NY low with RSI(14) at 21.7. Price has since held a 49.94–50.30 range floor-to-bounce high consolidation below the ema20 at 50.196, with the bounce high stalling just past the 38.2% retrace of the NY selloff.
Support: 49.942, 49.695
Resistance: 50.196, 50.301, 50.622
What it said to watch
M15 close above the 50.301 bounce high breaks the lower-high sequence and opens the ema50 at 50.622
Loss of the 49.942 range floor puts the 49.695 NY low back in play
Fed's Daly (now) and Schmid (~13 min) could materially shift this read; Williams follows at 23:30 GMT
ATR(14) easing from 251 to 203.5 pips shows the selloff's momentum fading into the range
Lower highs from 50.516, tight 49.90–50.30 range after NY low.
London broke the 51.15–51.93 Asian range lower and NY extended the slide to a 49.695 session low. USD stayed bid on hawkish Fed repricing despite the claims miss. Price is now coiling between the range low at 49.903 and the 50.301 swing high, capped by the falling ema20 at 50.207, with RSI(14) back to 37.8 from 21.7.
Support: 49.903, 49.695
Resistance: 50.207, 50.301, 50.644
What it said to watch
Fed's Daly in 7 min and Schmid in 27 min could break the 49.90–50.30 range either way
M15 close below the 49.903 range low reopens the 49.695 session low
M15 close above the 50.301 swing high breaks the lower-highs trendline and puts the ema50 at 50.644 in view
ATR(14) near 207 pips: range edges are within one bar's typical move
17:46 UTC
Downtrend, consolidating after NY sell-off · RSI 38 · price 49.948
Lower highs compressing into higher lows above 49.90, below both EMAs.
Silver lost the Asian range low in London. The NY sell-off then carried it through 50.00 to a 49.695 session low as the firm USD held through jobless claims. RSI(14) bottomed at 21.7 and has recovered to 37.6. Since then price is compressing in a 49.90–50.30 band, with lower highs at the 50.30 bounce high (near the 38.2% fib of the NY sell-off) and 50.20 capping under the falling ema20 at 50.23. ATR(14) is easing from 251 to 214 pips.
Support: 49.903, 49.695
Resistance: 50.00, 50.23, 50.301
What it said to watch
M15 close below the 49.90 swing low exposes the 49.695 session low and breaks the higher-lows line
Reclaim of the 50.00 round number and the ema20 at 50.23, then a break of the lower-highs line at the 50.30 bounce high, negates the consolidation read
Fed's Daly (18:10 GMT) and Schmid (18:30 GMT) within the hour could break the band either way
Lower highs from 51.166, 49.903 higher low after 49.695 NY low.
London cracked the Asian range low, and NY extended the move through the 50.735 london low after the 13:30 GMT data as a hawkish-Fed USD bid weighed. Silver bottomed at the 49.695 ny low with RSI(14) at 21.7. The rebound stalled at the 50.301 swing high, just under the EMA20 at 50.305, with price below both EMAs. A 49.903 higher low is holding mid-NY session, and ATR has expanded to 238 pips.
Support: 49.903, 49.695
Resistance: 50.301, 50.516, 50.735
What it said to watch
M15 close above the 50.301 swing high and EMA20 would break the lower-high sequence, with the 50.516 lower high next
Loss of the 49.903 higher low re-exposes the 49.695 ny low
Reclaiming the 50.735 london low, near the EMA50 at 50.754, would negate the session breakdown
Fed's Daly at 18:10 GMT and Schmid at 18:30 could shift hike pricing and this read; US PPI follows Fri 13:30 GMT
Lower highs and lower lows through London and NY, pivoting around 50.00.
Silver has posted lower highs and lower lows since London. It broke the Asian low near 51.15 and then the 50.00 psych handle as hot-CPI hike bets kept the USD firm. The bounce from the 49.695 session low was rejected at 50.301, a lower high just under the ema20 at 50.325 and near the 38.2% of the NY selloff, and RSI(14) has recovered from 21.7 to 35.1.
Support: 49.903, 49.695
Resistance: 50.301, 50.325, 50.516
What it said to watch
M15 close above the 50.301 lower high and the ema20 breaks the lower-high chain; the 50.516 swing high is next
Failure to hold the 49.903 pullback low exposes the 49.695 session low; a break there extends the lower-low sequence
Fed's Daly (18:10 UTC) and Schmid (18:30 UTC) speak within ~2h; hawkish 50bp hike talk could materially shift this read
ATR(14) near 238 pips keeps intraday swings wide after London close
Lower highs and lower lows since the Asian range broke; rebound capped below ema20.
Silver lost the 51.154 Asian range low in London and extended to a 49.695 session low in NY as hot-CPI hike bets kept the USD firm. RSI(14) has recovered to 37.7 from 21.7, but the rebound high at 50.301 stalled near the 38.2% retracement of the 51.295–49.695 decline, below the ema20 at 50.363. Price is now back at the 50.00 round number, with ATR(14) at 242 pips.
Support: 50.00, 49.695
Resistance: 50.301, 50.363, 50.516
What it said to watch
An M15 close above the ema20 at 50.363 and the 50.516 lower high would break the lower-high sequence
Failure to hold the 50.00 round number reopens the 49.695 session low
Fed's Goolsbee is speaking now; Daly in ~100 min and Schmid in ~2h could shift this read on any 50bp December hike talk
Lower highs from 51.166; corrective bounce from 49.695 testing 38.2%.
Silver broke below the London low of 50.735 during NY hours as the USD stayed firm after the hot CPI, and slid to a 49.695 session low. RSI(14) has recovered from an oversold 21.7 to 40.5, and the bounce is stalling near the 38.2% retrace of the NY selloff, below a falling ema20 at 50.392.
Support: 50.00, 49.695
Resistance: 50.392, 50.516, 50.843
What it said to watch
An M15 close above the ema20 at 50.392 and the 50.516 swing high would mark the first higher high since the NY selloff began
Failure to hold the 50.00 round number reopens the 49.695 session low
ema50 at 50.843 caps any deeper recovery
Goolsbee speaks in 14 min, then Daly and Schmid; hawkish 50bp hike talk could cut the bounce short
ATR(14) at 245 pips: moves of about $0.25 per bar are normal
Lower highs and lower lows since London; NY extended the leg to 49.695.
London broke below the Asian range low near 51.15. NY then sold through the 50.00 round number after the jobless claims print, with the USD firm on hawkish Fed pricing, and printed a session low at 49.695. Price has bounced back to 50.05 with RSI(14) recovering to 34.8 from 21.7, but it remains below the ema20 at 50.412 and the ema50 at 50.869, with the 50.516 lower high capping the move inside the fib retracement of the NY drop.
Support: 50.00, 49.695
Resistance: 50.412, 50.516, 50.869
What it said to watch
Fed's Goolsbee speaks in ~28 min, with Daly and Schmid inside 2.5h; any hawkish turn could reset this bounce
A close above the 50.516 lower high, just past the ema20 and the fib 50% near 50.43, breaks the NY lower-high sequence
Loss of the 50.00 round number and a break of the 49.695 session low would extend the lower-low chain
ATR(14) at 241.5 pips: an expanded range, so swings of 0.24 per bar are typical right now
15:46 UTC
Downtrend, extended and oversold · RSI 29 · price 49.926
Lower highs and lower lows since London, holding just under 50.00.
Silver broke below the Asian range low at 51.154 at London open. It then accelerated under the 50.00 psych level in NY after the claims print, as hot-CPI hike repricing keeps the USD firm, and set a session low at 49.695. The lower-high chain stays intact under the falling trendline and price sits below both EMAs. RSI(14) is 29.4, oversold, and ATR(14) has expanded to 243.8 pips, with the small bounce stalling just under 50.00.
Support: 49.695, 48.96
Resistance: 50.00, 50.45, 50.516
What it said to watch
A close back above 50.00 psych, then the ema20 at 50.45, would mark the first pause in the selloff
Break above the 50.516 swing high and falling trendline ends the lower-high sequence
Failure to hold the 49.695 session low extends the lower-low chain toward 48.96 next support
Goolsbee at 16:30 UTC, then Daly and Schmid, could shift USD and this read; PPI Friday is the larger test
15:31 UTC
Downtrend, oversold into NY · RSI 28 · price 49.949
Lower highs, lower lows below the Asian range.
Silver lost the 51.15–51.93 Asian range in London, then broke the 50.721 london low early in the NY session, printing a 49.695 ny low as the USD held firm on hawkish Fed repricing. Price is back under the 50.00 round number with RSI(14) oversold at 27.9. Lower highs at 51.295, 51.166 and 50.516 sit on a falling resistance line, with price below the ema20 at 50.507.
Support: 49.695, 48.96
Resistance: 50.00, 50.507, 50.721
What it said to watch
M15 close back above the 50.00 round number eases the immediate pressure.
A close above the 50.516 lower high and the ema20 at 50.507 breaks the lower-high chain.
Failure to hold the 49.695 ny low extends the lower-low sequence toward the 48.96 next supp level cited in the digest.
ATR(14) has expanded to 248 pips.
Fed's Goolsbee speaks in ~59 min, with Daly and Schmid later in the session; hawkish tone on December hikes could extend the move.
15:16 UTC
Downtrend, accelerating in NY session · RSI 22 · price 49.79
Lower highs and lower lows since London open, trading well below the Asian range.
Lower highs have stepped down from 51.63 at London open. The slide accelerated through NY hours after the 13:30 GMT jobless claims, as the USD firmed on hawkish Fed repricing, cutting through the 51.154 Asian low and the 50.103 broken low to a 49.695 session low. RSI(14) is oversold at 21.7, price sits below both EMAs and ATR(14) has expanded to 251 pips. The 50.516 lower high and the ema20 at 50.573 cap the trendline from the 51.166 post-claims high.
Support: 49.695, 49.00
Resistance: 50.103, 50.516, 50.573
What it said to watch
An M15 close back above the 50.103 broken low would ease the breakdown read
A recovery through the 50.516 lower high and ema20 would break the lower-highs trendline
Failure to hold the 49.695 session low exposes the 49.00 round number
Fed's Goolsbee at 16:30 GMT and Daly at 18:10 GMT could shift the USD-driven move
15:02 UTC
Downtrend, extending into NY · RSI 27 · price 49.934
Lower highs and lower lows from the 10:45 UTC peak; fresh session low below 50.00.
Silver broke below the Asian range low at London open and kept falling through NY. Firm USD on hot-CPI Fed hike bets carried it through the 50.00 psych level to a session low at 49.934, after the NY bounce stalled at a lower high of 50.516 under the falling trendline. RSI(14) at 26.7 is oversold, ATR has expanded to 240.6 pips and price sits below both falling EMAs.
Support: 49.934, 49.00
Resistance: 50.00, 50.103, 50.516
What it said to watch
A reclaim of the 50.00 psych level and the 50.103 prior low would turn the sub-50 move into a false break
An M15 close above the 50.516 lower high and the falling trendline breaks the NY lower-high chain
Failure to hold the 49.934 session low leaves the 49.00 round number as the next reference
Fed's Barr (15:00 UTC) and Goolsbee (16:30 UTC) could shift the USD tone and this read
Lower highs and lower lows; Asian range broken lower, 38.2% retrace capped.
Silver broke below the 51.15 Asian range low in London, and the 13:30 UTC claims window extended the slide to a 50.103 session low as a firm USD and Fed hike bets weighed. The NY bounce stalled at the 50.516 bounce high, near the 38.2% fib of the 13:00 UTC leg, with price still below the falling EMA20 (50.723) and EMA50. RSI(14) has lifted to 30.5 from 23.5, and ATR near 229 pips points to wide intraday swings.
Support: 50.103, 50.00
Resistance: 50.516, 50.735
What it said to watch
M15 close below the 50.103 session low confirms a fresh lower low and brings the 50.000 round number into play
Close above the 50.516 bounce high opens a retest of the 50.735 london low and EMA20
Fed's Barr and Existing Home Sales at 15:00 UTC, with Goolsbee, Daly and Schmid later, could materially shift this read
Lower highs from Asian high, NY session low at 50.103.
London broke below the 51.154 Asian range low and the first hour of NY extended the slide to a 50.103 session low after the 200K jobless claims print, keeping the chain of lower highs intact as a firm USD weighs. Price is holding just under the 50.496 bounce high, below the ema20 at 50.77. RSI(14) is 32.6, up from 23.5, and ATR(14) is about 228 pips.
Support: 50.103, 50.00
Resistance: 50.496, 50.77, 51.166
What it said to watch
M15 close above the 50.496 bounce high opens the fib 50% near 50.70 and the ema20 at 50.77
Failure to hold the 50.103 session low exposes the 50.00 round number
Reclaim of the 51.166 lower high would break the lower-highs trendline read
Fed's Barr and Existing Home Sales in ~30 min, with Fedspeak through NY hours, could materially shift this read
Lower highs and lower lows; Asian range low and London low both broken.
London broke the Asian range low at 51.154, and the NY open and jobless claims extended the slide through the 50.735 London low to a 50.103 session low. Hot CPI is keeping the USD firm. RSI(14) at 28 is oversold and the current bar is bouncing to 50.43, with the ema20 at 50.811 and the lower highs line from 51.295 still overhead.
Support: 50.103, 50.00
Resistance: 50.735, 50.811, 51.14
What it said to watch
A reclaim of the 50.735 London low would open a deeper retrace of the 51.295–50.103 drop toward the ema20 at 50.811, near the 61.8% fib
Failure to hold the 50.103 session low would extend the lower-low chain toward the 50.00 psych level
An M15 close above the ema50 at 51.14, near the former 51.15-51.20 trough, and the lower highs line would invalidate the downtrend read
Fed's Barr and Existing Home Sales in ~44 min, then Goolsbee and Daly, could materially shift this read; ATR near 229 pips signals wide bars
14:03 UTC
Downtrend, oversold after NY flush · RSI 24 · price 50.367
Lower highs and lower lows; Asian range low broken in London, extended early in NY.
London broke the Asian low at 51.154 as the USD stayed firm. The slide extended around the 13:30 GMT claims release to a 50.103 session low, with price below both EMAs and a lower-highs line capping each bounce. RSI(14) is oversold at 23.5 and ATR has expanded to 227.5 pips; the first hour of NY is bouncing off the low toward the 38.2% of the selloff fib near 50.56.
Support: 50.103, 50.00
Resistance: 50.735, 50.868, 51.154
What it said to watch
Failure to hold the 50.103 session low exposes the 50.000 round number
A recovery above the 50.735 London low and the ema20 at 50.868 would ease the downtrend read
An M15 close back above the Asian low at 51.154 negates the range break; the lower-highs line sits just above
Fed speakers (Barr in ~1h, then Goolsbee and Daly) could materially shift this read
13:46 UTC
Downtrend, extending into NY open · RSI 27 · price 50.26
Lower highs and lower lows; London low broken in NY.
Silver broke below the Asian range during London and took out the 50.735 London low into the NY open. The slide extended after jobless claims printed 200K against a 195K forecast with the USD firm, carving a fresh session low near 50.24. Price sits below the ema20 at 50.939 under a line of lower highs, RSI(14) oversold at 27.3 and ATR expanding to ~222 pips.
Support: 50.239, 50.00
Resistance: 50.735, 50.939, 51.295
What it said to watch
Fed's Hammack speaks in ~13 min, with Barr and Goolsbee later in NY hours; any of them could shift this read
A break of the 50.00 round number extends the lower-low chain
Recovery back above the 50.735 London low marks the NY break as a false break
Close above the ema20 at 50.939 and the lower highs line breaks the intraday downtrend
A move above the 51.295 swing high invalidates the lower-high sequence
13:31 UTC
Downtrend, lower highs since Asia · RSI 32 · price 50.765
Lower highs and lower lows; $51.00 range floor broken.
Silver has made lower highs since the Asia high at 51.933. London broke the Asian range low and printed a london low at 50.735, and the swing high at 51.295 then capped the bounce. The pre-claims drop broke the $51.00 range floor to a session low of 50.515, with ATR(14) expanding to 206 pips and RSI(14) at 31.5, near but not yet oversold. Price is bouncing back toward the london low in the first hour of NY, below the ema20 at 50.995, which lines up with the 61.8% retrace of the swing high-to-session low leg, against a firm-USD backdrop after the hot CPI.
Support: 50.735, 50.515
Resistance: 50.995, 51.295
What it said to watch
Initial Jobless Claims (13:30 UTC, f/c 195K) is printing on the current bar; a low print fits the firm-USD read
Fed's Hammack in ~30 min could materially shift this read
M15 close back above 51.00 / ema20 at 50.995 undercuts the range-break read
Failure to hold the 50.515 session low extends the lower-low chain
Close above the 51.295 swing high breaks the lower-high sequence
13:16 UTC
Downtrend, fresh lower low into NY open · RSI 32 · price 50.626
Lower highs from 51.295; London low and $51 floor broken.
Silver extended its sequence of lower highs into the first hour of NY. The 13:00 UTC bar's spike to 51.166 met rejection and closed at 50.617, below the London low at 50.735 and the $51.00 range floor, as the USD stays bid on post-CPI hike pricing. Price sits under both EMAs, RSI(14) is 31.9 and not yet oversold, and ATR has expanded to 196 pips.
Support: 50.604
Resistance: 50.735, 51.037, 51.295
What it said to watch
Initial Jobless Claims at 13:30 UTC, in 14 min, could materially shift this read
An M15 close back above the 50.735 London low marks the break as a false break
Failure to hold the 50.604 session low extends the lower-low chain
A recovery through the ema20 at 51.037 and the lower-highs trendline weakens the downtrend read; the 51.295 swing high caps above
Hammack at 14:00 UTC and Barr at 15:00 UTC could add volatility to the post-claims move
Lower highs since Asia; tight base just above London low, under $51.00.
Lower highs since the Asia session high at 51.933. London flushed to the 50.735 london low, and the bounce was rejected at 51.295, a lower high near the 61.8% fib, as the post-CPI USD bid kept silver under the $51.00 floor. Price is holding a tight base above the 50.808 swing low, below ema20 (51.081) and ema50, with RSI 41 and ATR easing to 169 pips into the London-NY transition.
Support: 50.808, 50.735
Resistance: 51.081, 51.295
What it said to watch
US Initial Jobless Claims in ~28 min (f/c 195K), then Fed's Hammack, could materially shift this read
M15 close back above 51.081 ema20 and $51.00 eases the downtrend read; the 51.295 lower high is the structural cap
Break below the 50.808 swing low puts the 50.735 london low back in play
12:46 UTC
Downtrend, lower highs since London · RSI 39 · price 50.877
Asian range low broken; lower highs below 51.00 floor.
London broke the Asian range low at 51.154 and spiked to a 50.735 london low. The bounce stalled at the 51.295 swing high, and price has since printed lower highs back below the $51.00 range floor as the hot CPI keeps USD firm. Price is pressing the 50.808 swing low into the London-NY transition, under a falling ema20 (51.097) and ema50, with RSI(14) at 38.5 and ATR at 172 pips.
Support: 50.808, 50.735
Resistance: 51.097, 51.295
What it said to watch
US Initial Jobless Claims at 13:30 GMT (f/c 195K) in ~45 min, then Fedspeak from 14:00 GMT, could materially shift this read
M15 close below the 50.735 london low extends the lower-low sequence
Reclaim of ema20 at 51.097 and the lower-highs line would stall the downtrend read
Close above the 51.295 swing high invalidates the lower-high structure
12:31 UTC
Downtrend, lower highs through London · RSI 40 · price 50.898
Asian low and $51.00 range floor broken; lower-high chain below ema20.
London broke the Asian range low near 51.15 and the $51.00 range floor, with silver heavy as the hot CPI keeps the USD bid. The 50.721 session low has since held, but lower highs at 51.523 and 51.295 cap each bounce. Price is now pressing the 50.877 swing low, below a falling ema20 (51.119) and ema50, with RSI 39.6 and ATR at 176 pips.
Support: 50.877, 50.721
Resistance: 51.00, 51.119, 51.295
What it said to watch
US Initial Jobless Claims at 13:30 UTC (f/c 195K), then Hammack at 14:00, could materially shift this read
Failure to hold the 50.877 swing low exposes the 50.721 session low
A reclaim of the 51.00 range floor and ema20 at 51.119 would stall the lower-high sequence
An M15 close above the 51.295 lower high breaks the downtrend structure
Asian range broken lower in London, bounce capped at a lower high, price back near 51.00.
Lower highs since the 51.933 Asian high. London broke the Asian range low at 51.154 and printed a 50.721 session low. The bounce stalled at the 51.295 lower high, and price has slipped back under 51.00 to the 50.877 micro low, below the ema20 (51.14) and ema50 (51.351) as the USD stays firm after the hot CPI. RSI at 40.8 and ATR easing to 176 pips point to a quieter tape ahead of US data.
Support: 50.877, 50.721
Resistance: 51.14, 51.295, 51.351
What it said to watch
M15 close below the 50.721 session low extends the lower-low chain through the 51.00 floor
Close above the 51.295 lower high and the descending trendline breaks the lower-high sequence, with ema50 at 51.351 above
Holding above the 50.877 micro low keeps price pinned around 51.00 under ema20
US Initial Jobless Claims at 13:30 UTC (f/c 195K) and Fed's Hammack at 14:00 could expand the range beyond the 176-pip ATR
Asian range broken lower in London, lower high at 51.295, price back under the 51.00 range floor.
London broke the Asian range low near 51.15 and flushed to the 50.735 London low. The rebound stalled at a 51.295 lower high, and price is back below the 51.00 range floor and both EMAs (ema20 51.159) with the USD firm after the hot CPI. Late morning is pressing the 50.877 swing low; RSI(14) is 37.9 and ATR has eased to ~177 pips from 228.
Support: 50.877, 50.735
Resistance: 51.00, 51.159, 51.295
What it said to watch
Initial Jobless Claims at 13:30 UTC (in ~90 min), then Fedspeak from Hammack and Barr, could materially shift this read
Failure to hold the 50.877 swing low exposes the 50.735 London low; a break there extends the lower-low chain
M15 close back above the 51.00 range floor and ema20 at 51.159 would signal the breakdown losing traction
Close above the 51.295 lower high breaks the descending-highs trendline and neutralises the intraday downtrend
London broke below the Asian low; the bounce stalled at a lower high and price is back on the 51.00 range floor.
London broke the Asian range low (51.154) and extended to the london low at 50.721. The bounce was rejected at a 51.295 lower high, under the ema50 at 51.387, and price has faded back to the 51.00 range floor below a falling ema20 (51.187). RSI(14) sits at 41.3 and ATR has eased from 228 to 177 pips, with silver heavy since the hot CPI kept Fed hike bets firm.
Support: 51.00, 50.721
Resistance: 51.187, 51.295, 51.387
What it said to watch
US Initial Jobless Claims at 13:30 UTC (~104 min) and Fedspeak from 14:00 UTC could materially shift this read
An M15 close below the 51.00 range floor and the 50.721 london low extends the lower-low sequence
A recovery through the 51.295 lower high and the ema50 at 51.387 breaks the lower-highs chain and the London drop structure
Lower-high chain from Asia; London sweep below 51.00 reversed, bounce capped below the EMAs.
Silver extended its Asia-session lower-high sequence into London, with a sweep below the 51.00 round number to a 50.72 session low reversed inside a bar as post-CPI USD strength kept the metal heavy. The rebound stalled at a 51.30 lower high. Price is back under the ema20 at 51.205 and the ema50 at 51.402, pinned near 51.00 with RSI(14) at 43 and ATR at 182 pips.
Support: 51.00, 50.721
Resistance: 51.205, 51.295, 51.402
What it said to watch
Sustained M15 closes below the 51.00 round number would turn the sweep into a breakdown and expose the 50.72 session low
A close above the 51.30 lower high and the lower-highs trendline breaks the descending sequence, with the ema50 at 51.40 next
Initial Jobless Claims at 13:30 GMT (~2h) and Fed speakers from 14:00 GMT could materially shift this read
Lower highs since Asia, London false break below 51.00 reclaimed, now coiling under ema20.
Silver extended the slide from 53.00 as the USD firmed after the hot CPI print. It broke the Asian low at 51.154 early in London and spiked to a session low at 50.735, then quickly reclaimed the 51.00 round number. Mid-London, the rebound high at 51.295 is capping price under the ema20 and ema50, with RSI(14) neutral at 46 and ATR(14) easing from 228 to 187 pips.
Support: 51.00, 50.735
Resistance: 51.22, 51.295, 51.416
What it said to watch
M15 close back below the 51.00 round number reopens the 50.735 session low
Close above the 51.295 rebound high and the ema50 at 51.416 breaks the lower-highs line from the Asian high
US Initial Jobless Claims at 13:30 UTC (f/c 195K) and the Fed speakers that follow could materially shift this read
A fresh low under 50.735 would turn the London false break into a lower-low continuation
Lower highs intact; London swept the Asian low twice, rebound now testing ema50 from below.
London twice broke the 51.154 Asian low on a firmer USD, printing a 50.735 session low before buyers built a base near 51.07 and lifted price back above the ema20 at 51.226. RSI(14) has recovered to 50.7 from 30.3. Late-London price is pressing the 51.295 swing high, with the ema50 at 51.426 and the 51.52 london high on the falling highs line still capping the structure.
Support: 51.226, 51.07, 50.735
Resistance: 51.295, 51.426, 51.523
What it said to watch
M15 close above the 51.295 swing high and the ema50 at 51.426 would bring the 51.52 london high and the falling highs line into play.
Loss of the ema20 at 51.226 and then the 51.07 base would reopen the 50.735 session low.
US Initial Jobless Claims at 13:30 GMT (f/c 195K) and Hammack at 14:00 could materially shift this read. ATR at 189 pips puts a typical bar near $0.19.
Lower highs from Asian peak; Asian low reclaimed after London flush.
London broke the 51.154 Asian low at the open, held briefly at the 51.079 swing low, then flushed to a 50.721 session low by 09:00 GMT as a firm USD and hawkish Fed pricing weighed after the failed CPI-day bounce. Price has since reclaimed the Asian low and sits on the ema20 (51.22) but below the ema50 (51.432), with lower highs from 51.933 intact and the 51.244 bounce high capping so far.
Support: 51.154, 51.079, 50.721
Resistance: 51.244, 51.432, 51.523
What it said to watch
M15 close back below the 51.154 Asian low and the 51.079 swing low turns the reclaim into a failed retest and re-exposes the 50.721 session low
Close above the 51.244 bounce high and the ema50 at 51.432 tests the lower-high trendline; the 51.523 swing high is the structural pivot for the down-sequence
US Initial Jobless Claims at 13:30 GMT (f/c 195K) and Fed speakers from 14:00 could materially shift this read; ATR(14) ~196 pips sets the expected bar range
Lower highs since Asia; tight range 51.07–51.19 above London low.
London broke the Asian range low at 51.154 and dropped to the 50.735 London low as the firm, post-CPI USD weighed. The bounce stalled at the 51.244 swing high near the 61.8% retrace, and price is now compressing in a 51.07–51.19 range below both EMAs, with RSI(14) back to 43 from 30 and ATR easing to ~200 pips. The lower-highs trendline from the 51.933 Asian high remains intact.
Support: 51.066, 50.735
Resistance: 51.244, 51.44, 51.523
What it said to watch
An M15 close above the 51.244 swing high breaks the range and puts the 51.44 ema50 and the 51.523 London high in play
A close below the 51.066 range low reopens the 50.735 London low
A close above the lower-highs trendline (~51.38 now) breaks the descending structure
US Initial Jobless Claims at 13:30 GMT (f/c 195K) and Fedspeak from 14:00 could materially shift this read
10:16 UTC
Downtrend, lower highs since Asia peak · RSI 44 · price 51.146
Lower highs; London false break below weekly floor, compressing 51.07–51.19.
Highs have stepped lower from the 51.933 Asia peak along a lower-highs line. Early London broke the 51.15–51.20 weekly floor to a 50.721 london low, with a firm USD as the backdrop, but the break reversed within two bars. Price is now compressing above the 51.066 micro low, below the ema20 (51.231) and ema50 (51.454), with RSI(14) back to 43.8 from 30.3 and ATR(14) at 210 pips.
Support: 51.066, 50.721
Resistance: 51.231, 51.454, 51.523
What it said to watch
Close back above the ema20 at 51.231 and the ema50 at 51.454 brings the lower-highs line near 51.39 into play; a close above the 51.523 london high breaks the lower-high sequence
Loss of the 51.066 micro low reopens the 50.721 london low and puts the false-break read at risk
US Initial Jobless Claims at 13:30 GMT (f/c 195K), followed by Fed speakers, could materially shift this read
10:03 UTC
Downtrend, bouncing off a London flush · RSI 44 · price 51.189
Lower highs since Asia; London swept below the weekly floor and reclaimed it.
Lower highs have held since the 51.933 Asian high, and London broke under the 51.15 weekly floor on a firm USD, flushing to a 50.721 London low. Price has reclaimed the floor, but the bounce stalled at the 61.8% of the London drop fib, just above the ema20 at 51.243, with RSI(14) back to 44 from 30 and ATR expanded to 217 pips.
Support: 51.15, 50.721
Resistance: 51.243, 51.523, 51.933
What it said to watch
M15 close above the ema20 at 51.243 and the descending trendline near 51.40 turns attention to the 51.523 lower high
Failure to hold the 51.15 weekly floor reopens the 50.721 London low
US jobless claims at 13:30 GMT (f/c 195K) and the Fed speaker cluster after it could materially shift this read
Sustained trade back above the 51.933 Asian high would negate the lower-high sequence
09:46 UTC
Downtrend, bouncing off London low · RSI 45 · price 51.147
Lower highs since the Asian high; London swept below the 51.15 weekly floor, now retesting it.
A chain of lower highs from the 51.933 Asian high to 51.523 kept the downtrend intact as the USD stayed firm. London broke the 51.15-51.20 weekly floor and swept to the 50.721 London low before the rebound stalled at 51.244, just under the ema20 and the 38.2% fib. Price sits back at the old floor below both EMAs, with RSI(14) at 45 after a 30 trough and ATR expanded to ~226 pips.
Support: 51.079, 50.721
Resistance: 51.256, 51.523, 51.933
What it said to watch
M15 close above the 51.256 ema20 and the falling trendline (~51.40) would mark the sweep below 51.15 as rejected
Loss of the 51.079 swing low reopens the 50.721 London low; a break there extends the lower-low chain
The lower high at 51.523 marks the downtrend's cap; a close above it negates the falling-highs read
US Initial Jobless Claims at 13:30 GMT (f/c 195K) and the Fed speakers that follow could materially shift this read
Lower highs and lower lows since the Asia high; price retesting the broken weekly floor from below.
London extended the lower-low chain from the Asia high at 51.933, flushing through the 51.15 weekly floor to a 50.721 session low as a firmer USD after the CPI beat weighed. The rebound has reclaimed the 50% retrace of the London sell-off and sits just under the weekly floor, with price below both EMAs. RSI(14) has recovered to 43 from 30, and ATR has expanded to 228 pips.
Support: 50.836, 50.721
Resistance: 51.15, 51.266, 51.523
What it said to watch
M15 close back above the 51.15 weekly floor and the 51.266 ema20 would mark the break below as a false break
Rejection under the weekly floor keeps the lower highs trendline and the 51.523 lower high capping the bounce
Loss of the 50.836 bounce low, then the 50.721 session low, extends the lower-low sequence
US Initial Jobless Claims at 13:30 GMT (f/c 195K), followed by Fed speakers, could materially shift this read
09:16 UTC
Downtrend, ATR expanding · RSI 39 · price 50.941
Lower highs from the Asia high; Asian range broken lower in London.
London broke below the Asian low at 51.154, which coincides with the digest's weekly floor. The drop ran to a 50.721 session low as a firmer USD and hawkish Fed pricing weighed, and the 09:00 UTC bar recovered to 50.975. Price sits below a falling ema20 (51.283) and ema50 (51.511), the lower highs from the Asia high at 51.933 are intact, and ATR(14) has expanded to 224 pips.
Support: 50.721
Resistance: 51.154, 51.283, 51.523
What it said to watch
Recovery and hold back above the 51.154 asian low would turn the break into a false break
Failure to hold the 50.721 session low extends the lower-low sequence
M15 close above the ema20 at 51.283 and the lower highs line toward the 51.523 london high invalidates the downtrend read
US Initial Jobless Claims at 13:30 UTC and the Fed speakers that follow could materially shift this read
Lower highs since Asia; London broke the Asian range low.
London open broke the 51.154 Asian low, which sits at the 51.15-51.20 weekly trough. A fresh leg then printed a 50.721 session low as the hot-CPI hawkish Fed repricing and a firm USD weigh on silver. Price sits below the 51.315 ema20 and the EMA50, with RSI(14) at 30.3 near oversold and ATR(14) expanding to 216.8 pips. The London high at 51.523 caps a lower-highs sequence.
Support: 50.721, 50.50
Resistance: 51.154, 51.315, 51.523
What it said to watch
Recovery and hold back above the 51.154 asian low would mark the weekly-trough break as a false break
Failure to hold the 50.721 session low extends the London drop toward the 50.50 round number
M15 close above the 51.523 london high breaks the lower-highs trendline and the downtrend read
US Initial Jobless Claims at 13:30 UTC (f/c 195K) and Fedspeak from 14:00 UTC could materially shift this read
Lower-high chain from 51.933 Asian high; London broke below Asian range.
Silver has printed lower highs since the 51.933 Asian high, and London opened by breaking the 51.154 Asian low and the 51.15–51.20 weekly low as the firm post-CPI USD keeps pressure on. Price is now retesting the 51.07 London low beneath the ema20 (51.374) and ema50, with RSI(14) at 40.5 and ATR(14) expanding to about 199 pips.
Support: 51.072, 51.00
Resistance: 51.20, 51.374, 51.523
What it said to watch
M15 close below the 51.07 London low extends the lower-low chain toward the 51.00 round number
Recovery back above the 51.20 weekly low and the ema20 at 51.374 would mark the London break as a false break
Close above the 51.523 lower high breaks the descending trendline and the lower-high sequence
US Initial Jobless Claims at 13:30 GMT (f/c 195K) and Fed speakers from 14:00 could materially shift this read
08:31 UTC
Downtrend, lower highs since Asia · RSI 44 · price 51.301
Lower-high chain capped at 51.634; Asian low false break at London open.
Lower highs from the 51.933 Asian high keep silver in a downtrend, trading below ema20 (51.394) and ema50 (51.58) as the hawkish post-CPI USD bid persists. London open broke the asian low at 51.154 to 51.079, inside the 51.15-51.20 weekly trough zone, but closed back above it. The bounce stalled at the 51.523 london high near the 50% fib retrace, and RSI(14) sits at 43.5.
Support: 51.154, 51.079
Resistance: 51.394, 51.523, 51.634
What it said to watch
M15 close below the 51.079 london low turns the asian low false break into a clean break of the weekly trough
Recovery above the 51.523 london high and the 51.634 lower high breaks the lower-high chain
Reclaiming ema20 at 51.394 is the first sign the bounce from the asian low has legs
ATR(14) at 193 pips implies wide M15 swings; US Initial Jobless Claims at 13:30 GMT and Fedspeak from 14:00 GMT could materially shift this read
Lower highs since 51.933; sweep below weekly low reclaimed at London open.
Silver dipped through the 51.15 weekly low to a 51.079 session low just before London, with no follow-through selling after the hot-CPI pressure. It has since reclaimed the ema20 at 51.407 and is pressing the descending trendline near the 51.523 london high, with the ema50 at 51.592 and the 51.634 lower high above. RSI(14) is neutral at 50.7 and ATR(14) is 190 pips, in line with the wide overnight swings.
Support: 51.407, 51.15, 51.079
Resistance: 51.523, 51.592, 51.634
What it said to watch
M15 close above the 51.634 lower high breaks the lower-high chain and clears the ema50
Failure to hold the ema20, then a close below the 51.079 session low, confirms a lower low through the weekly low
US Initial Jobless Claims at 13:30 UTC (f/c 195K) and Fedspeak from 14:00 UTC could materially shift this read
08:02 UTC
Downtrend, bouncing off a fresh low · RSI 51 · price 51.48
Lower highs since Asia; false break of the 51.15-51.20 trough reclaimed.
Silver's 24h slide after the hot-CPI unwind dipped below the asian low (51.154) to a session low of 51.079 at 07:00 UTC. That move reversed straight back above the 51.15-51.20 weekly trough, a false break. Early in London, price has reclaimed ema20 (51.402) and is testing the lower-high trendline near 51.50, the 50% retrace of the asia-high drop, with ema50 at 51.598 just above; RSI(14) is neutral at 50.6 and ATR(14) is 195 pips.
Support: 51.402, 51.154, 51.079
Resistance: 51.598, 51.634, 51.933
What it said to watch
M15 close above the lower high at 51.634, clearing ema50 at 51.598, breaks the lower-high sequence and opens the asia high at 51.933
Rejection at the lower-high trendline near 51.50 and a loss of ema20 return focus to the asian low at 51.154
Close below the 51.079 session low turns the false break into a fresh lower low
US Initial Jobless Claims at 13:30 UTC (f/c 195K) and Fedspeak from 14:00 UTC could materially shift this read
Lower-high chain from Asian high; fresh low at 51.079, now stalling near the weekly trough.
Silver extended its post-hot-CPI slide. Lower highs at 51.933 (asian high) and 51.634 held through Asia, and early London cut below the Asian low to a session low at 51.079. Price has since crept back to 51.20 inside the 51.15–51.20 weekly trough zone, with no follow-through selling, while it sits under the ema20 at 51.396 and RSI(14) at 39.6.
Support: 51.079, 51.00
Resistance: 51.396, 51.634, 51.933
What it said to watch
M15 close below the 51.079 session low extends the lower-low sequence toward the 51.00 round number
Reclaim of the ema20 at 51.396 and then the 51.634 lower high breaks the descending lower-high chain
Close above 51.933 asian high negates the intraday downtrend read
US Initial Jobless Claims at 13:30 GMT (f/c 195K) and the Fed speaker slate from 14:00 GMT could materially shift this read
07:31 UTC
Downtrend, lower highs through Asia · RSI 36 · price 51.146
Asian range low broken at London open, follow-through stalling.
London open broke the Asian low at 51.154 and printed a london low of 51.079, testing the 51.15-51.20 weekly trough as hot-CPI USD strength persists. Selling has not extended yet. Asian lower highs at 51.933, 51.645 and a final lower high at 51.634 keep the sequence descending, with price below the ema20 at 51.415 and RSI(14) at 35.8, not oversold.
Support: 51.079, 51.00
Resistance: 51.154, 51.415, 51.634
What it said to watch
Reclaim of the 51.154 asian low would turn the London break into a false break back inside the Asian range
Break below the 51.079 london low extends the lower-low chain toward the 51.000 psych level
M15 close above the 51.634 lower high breaks the descending lower-highs line
ATR near 188 pips: a typical bar spans roughly 0.19
US Initial Jobless Claims at 13:30 UTC and Fed speakers from 14:00 UTC could materially shift this read
Lower highs through Asia, session low swept and reclaimed.
Silver extended its post-CPI slide through the Asia session. It briefly swept the 51.154 weekly low to a 51.079 session low before edging back above it into the London open. Lower highs at the 51.933 Asia high and the 51.634 lower high keep the intraday downtrend intact, with price below a falling ema20 (51.443) and ema50, RSI(14) 35.5 and ATR(14) near 190 pips.
Support: 51.154, 51.079
Resistance: 51.443, 51.634, 51.933
What it said to watch
M15 acceptance below the 51.079 session low confirms a lower-low through the weekly low
Reclaim of the ema20 at 51.443 and a break of the lower-high trendline above 51.634 would challenge the downtrend read
US Initial Jobless Claims at 13:30 UTC (in ~6h), with Fed speakers from 14:00 UTC, could materially shift this read
Lower highs off the Asian high, higher low at 51.228 above the 51.154 trough.
Silver extended Wednesday's NY slide after the hot-CPI USD bid and is now coiling ahead of the London open. Price is making lower highs from the 51.933 asian high to the 51.634 lower high, while the 51.228 swing low holds above the 51.154 weekly low. It trades below the ema20 at 51.474 and the ema50 at 51.659, with RSI(14) at 44.6 and ATR(14) near 178 pips.
Support: 51.228, 51.154
Resistance: 51.474, 51.634, 51.933
What it said to watch
A break of the 51.228 swing low puts the 51.154 weekly low back in play
An M15 close above the 51.634 lower high and the ema50 breaks the lower-high chain; the 51.933 asian high sits above
Repeated failure at the ema20 near 51.474 keeps the descending sequence intact
US Initial Jobless Claims at 13:30 UTC and Fedspeak from 14:00 UTC could materially shift this read
Lower highs since 51.933 Asia high, lows holding 51.15-51.23.
Yesterday's slide from 53.17 extended into Asia, with the session low at 51.154 tagging the weekly low as the post-CPI USD bid persists. Since then the Asian range has compressed beneath a falling trendline of lower highs from the 51.933 Asia high, with the 06:00 lower high at 51.634 and the 51.228 swing low holding. Price sits under a flattening ema20 (51.482) and a declining ema50 (51.669), and London opens in the next bar.
Support: 51.228, 51.154
Resistance: 51.482, 51.634, 51.933
What it said to watch
A close below the 51.228 swing low exposes the 51.154 weekly low, and acceptance below it breaks the Asian range
A close above the 51.634 lower high and the falling trendline breaks the Asian lower-high sequence and puts the 51.933 Asia high back in view
Holding under the ema20 at 51.482 keeps the bounces capped
US Initial Jobless Claims at 13:30 GMT (f/c 195K) and Fed's Hammack at 14:00 could materially shift this read; ATR near 180 pips
06:31 UTC
Downtrend stalling into an Asia range · RSI 49 · price 51.463
Lower highs 51.933→51.634 above lows held at 51.15–51.23.
After yesterday's CPI-driven NY slide, Asia has compressed between the 51.154 asia low, at the weekly trough, and a lower high at 51.64. That lower high was a rejection just under the ema50 at 51.68. Price sits near 61.8% of the Asia bounce fib, with RSI(14) flat at 49 and ATR around 180 pips.
Support: 51.228, 51.154
Resistance: 51.64, 51.68, 51.933
What it said to watch
Close below the 51.228 swing low and then the 51.154 asia low breaks the weekly trough and resumes the downtrend
Close above the lower high at 51.64 and the ema50 at 51.68 breaks the lower-highs line and reopens the 51.933 asia high
US Initial Jobless Claims at 13:30 UTC (f/c 195K) and Hammack at 14:00 could materially shift this read
Higher low at 51.228 inside 51.154–51.933 Asian range.
Silver tested the 51.15-51.20 weekly trough with the 51.154 asian low, then printed a higher low at 51.228. The bounce has reclaimed the ema20 and sits at the 50% fib of the 51.933–51.228 drop, just under the ema50, late in the Asia session with ATR near 185 pips. Selling has lacked follow-through since the hot-CPI whipsaw.
Support: 51.228, 51.154
Resistance: 51.687, 51.933
What it said to watch
M15 close above the ema50 at 51.687 opens the path to the 51.933 asian high
Loss of the 51.228 higher low and the 51.154 asian low breaks the weekly trough and resumes the downtrend
Rejection at the 61.8% fib near 51.66 keeps the lower-high sequence intact into London open
US Initial Jobless Claims 13:30 GMT and Hammack 14:00 GMT could materially shift this read
Lower highs since 51.933 Asia high, lows holding 51.15-51.23.
Silver's slide from 53.17 met demand at the 51.154 Asia low, on the weekly trough, before a bounce to the 51.933 Asia high. A chain of lower highs since has pressed price back to the 51.228 swing low, where buyers stepped in again late in the Asia session. The last close at 51.448 sits just under ema20 (51.475) and below ema50 (51.69), with RSI 46.2 and ATR around 180 pips, as post-CPI USD strength caps rallies.
Support: 51.228, 51.154
Resistance: 51.575, 51.69, 51.933
What it said to watch
Break below the 51.228 swing low and 51.154 asia low (weekly trough) confirms a fresh lower-low
Close above the 51.575 lower high and the descending highs line, then ema50 at 51.69, would turn the read toward a range inside the Asia high at 51.933
London open in about 2h may set the session range against the Asian 51.154-51.933 band
US Initial Jobless Claims at 13:30 UTC and Fedspeak from 14:00 UTC could materially shift this read
05:46 UTC
Downtrend, lower highs through Asia · RSI 36 · price 51.346
Late Asia session, retesting session low under falling trendline.
Silver gave back the post-gap bounce to the 51.933 Asian high and is pressing the 51.154 Asian low again, the weekly trough zone flagged after hot CPI. Asia has printed a chain of lower highs under a falling trendline. Price sits below a declining ema20 (51.478) and ema50 (51.700), with RSI(14) at 35.9 and ATR near 171 pips.
Support: 51.228, 51.154, 51.00
Resistance: 51.478, 51.645, 51.933
What it said to watch
M15 close below the 51.154 Asian low breaks the weekly trough and exposes the 51.000 round number
A hold at the 51.228 swing low into London open keeps a tight base above the trough
Recovery above the ema20 at 51.478 and the 51.645 lower high breaks the falling trendline from the 51.933 Asian high
US Initial Jobless Claims (13:30 GMT, f/c 195K) and Fed speakers from 14:00 GMT could materially shift this read
05:31 UTC
Downtrend, lower highs through Asia · RSI 36 · price 51.33
Lower highs off 51.933, fresh 51.241 swing low.
After the session-open slide to the 51.154 Asian low, which sits on the weekly trough the digest flags after the hot CPI, the bounce to the 51.933 Asian high has been sold in a chain of lower highs. The latest leg made a 51.241 swing low, and price now sits near the 78.6% of the Asian bounce. Price is below the ema20 (51.50) and the declining ema50 (51.72), with RSI(14) at 35.6, short of oversold, and ATR around 166 pips.
Support: 51.241, 51.154
Resistance: 51.50, 51.645, 51.933
What it said to watch
Failure to hold the 51.241 swing low exposes the 51.154 Asian low and weekly trough
An M15 close above the 51.645 lower high breaks the lower-highs trendline sequence
Reclaiming the ema20 at 51.50 would ease the immediate downtrend read
A move back through the 51.933 Asian high would negate the lower-highs structure
US Initial Jobless Claims at 13:30 UTC (f/c 195K) and the Fed speaker slate could materially shift this read
Lower highs inside Asia session, pinned to 51.33 floor.
Silver extended the NY-hours slide from 53.17 into Asia, printing an Asia low at 51.154 at the weekly trough as USD held its hot-CPI bid. The bounce stalled at the 51.933 Asia high and lower highs at 51.645 and 51.516 followed along a falling trendline; price is back on the 51.33 range floor below the ema20 and ema50. RSI(14) sits at 39.3, ATR(14) at 168 pips.
Support: 51.33, 51.154
Resistance: 51.524, 51.645, 51.933
What it said to watch
M15 close below the 51.33 range floor exposes the 51.154 Asia low and weekly trough
Close above the falling trendline and ema20 at 51.524 breaks the Asia lower-high chain; 51.645 lower high next
Reclaim of the 51.933 Asia high would negate the session downtrend read
US Initial Jobless Claims 13:30 GMT (f/c 195K) and Fed speakers from 14:00 GMT could materially shift this read
05:02 UTC
Downtrend, pausing in late Asia · RSI 43 · price 51.493
Lower highs from 51.933 compressing onto a 51.33 swing low base.
The slide from the 53.173 London-session high ran through NY and into an Asia low at 51.154, below the 51.25 zone, as the USD extended its post-CPI bid. The bounce stalled at the 51.933 Asia high, and price now sits near the 61.8% of that rebound at 51.45, below the ema20 (51.54). Lower highs (51.776, 51.645) are pressing against a 51.33 swing low base, and ATR is easing from 186 to 167 pips into London open.
Support: 51.33, 51.154
Resistance: 51.54, 51.645, 51.933
What it said to watch
M15 close above the 51.645 lower high and the ema20 breaks the Asian compression to the upside, exposing the 51.933 Asia high
Failure to hold the 51.33 swing low puts the 51.154 Asia low back in play
US Initial Jobless Claims at 13:30 UTC and Hammack at 14:00 UTC could reset the intraday range
Lower highs from 51.933 vs higher lows from 51.154, coiling inside the Asian range.
Silver extended Wednesday's slide from 53.17 into the Asia open as the USD pushed to 18-month highs, flushing to the 51.154 asian low with RSI(14) at 14. Since then the Asian range has tightened between lower highs off the 51.933 session high and a higher low near 51.33, with price capped below the ema20 at 51.549 and ATR(14) near 175 pips.
Support: 51.33, 51.154
Resistance: 51.549, 51.645, 51.933
What it said to watch
M15 close below the 51.33 higher low reopens the 51.154 asian low
Close above the 51.645 lower high and the ema20 breaks the lower-highs line toward the 51.933 session high
US Initial Jobless Claims at 13:30 GMT and a heavy Fed-speak slate from 14:00 GMT could materially shift this read
04:31 UTC
Downtrend, Asia rebound fading · RSI 40 · price 51.388
Lower highs from 51.933 compressing toward a 51.33 higher low.
Wednesday's afternoon slide carried through the reopen to an Asia low at 51.154. The rebound topped at the 51.933 Asia high, and a lower high at 51.645 under a descending trendline has since pressed price back below the ema20 (51.559), near the 78.6% fib of that bounce. RSI(14) is 40 and ATR(14) is about 180 pips after expanding off the lows. A firm USD is the backdrop, and the tape sits just above the 51.25 area the digest flags.
Support: 51.33, 51.154
Resistance: 51.559, 51.645, 51.933
What it said to watch
M15 close below the 51.33 higher low exposes the 51.154 Asia low and the 51.25 zone
Close above the descending trendline and the 51.645 lower high reopens the 51.933 Asia high
Holding the 78.6% fib of the Asia rebound keeps the range read intact
US Initial Jobless Claims at 13:30 UTC and Fed-speak from 14:00 UTC could materially shift this read
Lower highs from 51.933 pressing onto a flat 51.33 range floor.
Wednesday's NY sell-off carried into the Asia open, with a sweep to the 51.154 Asia low and RSI(14) at 14 before a rebound to the 51.933 Asia high. Since then lower highs, the latest at 51.645, have squeezed price into a 51.33–51.65 band. The band sits below the ema20 at 51.576, with the 51.33 range floor near the 78.6% fib of the Asian rebound, while a firm USD at 18-month highs caps rebounds.
Support: 51.33, 51.154
Resistance: 51.576, 51.645, 51.933
What it said to watch
M15 close below the 51.33 range floor exposes the 51.154 Asia low
Close above the 51.645 lower high and descending trendline reopens the 51.933 Asia high
Price holding below the ema20 at 51.576 keeps the lower-high sequence intact
US Initial Jobless Claims 13:30 UTC and Hammack 14:00 UTC could materially shift this read
03:46 UTC
Downtrend, compressing in late Asia · RSI 42 · price 51.481
Lower highs pressing onto a flat 51.33 swing low inside the 51.15–51.93 Asian range.
Wednesday's slide from the 53.17 high carried into Asia as USD pushed to fresh highs. Price set an Asia low at 51.154, then bounced to the 51.933 asia high. Since then a run of lower highs has compressed price onto a 51.33 swing low near the 78.6% of the Asia rally, with price below the ema20 at 51.585 and RSI(14) at 42.3.
Support: 51.33, 51.154
Resistance: 51.585, 51.933
What it said to watch
M15 close below the 51.33 swing low reopens the 51.154 asia low.
Close above the falling lower-high trendline and the ema20 at 51.585 breaks the compression; the 51.933 asia high sits above.
Pinch is tightening into London open; ATR at 180.6 pips frames the likely break size.
US jobless claims at 13:30 GMT plus heavy Fed-speak today could materially shift this read.
03:31 UTC
Downtrend, Asia bounce faded · RSI 42 · price 51.469
Lower highs from 51.933, higher low 51.33.
The USD's push to fresh highs in early Asia extended Wednesday's slide from 53.17 to a 51.154 session low. RSI(14) went as deep as 14.1 there. The Asia bounce was rejected at the 51.933 session high just above the ema50. Price has given back about 61.8% of that bounce and is now stuck below the ema20, with a higher low at 51.33 tested twice.
Support: 51.33, 51.154
Resistance: 51.595, 51.825, 51.933
What it said to watch
M15 close below the 51.33 higher low exposes the 51.154 session low and the digest's 51.25 zone
Close above the ema20 at 51.595 and the lower-high trendline weakens the downtrend read; ema50 51.825 sits next
ATR near 185 pips is expanding, so the session range can widen quickly
US jobless claims at 13:30 UTC and the Fed-speak slate could materially shift this read
03:16 UTC
Downtrend, Asia bounce fading · RSI 42 · price 51.423
Lower highs below the 51.933 Asia high; higher low at 51.328 so far.
Silver slid from 53.173 through the NY session as the dollar held yearly highs, then took out the 51.25 area early in Asia to an Asia low at 51.154 with RSI(14) down to 14.1 before rebounding to 51.933. That bounce has since printed lower highs along a falling trendline, and price sits back below the ema20 and ema50 near the 51.328 swing low, with ATR(14) expanded to 186.5 pips.
Support: 51.328, 51.154
Resistance: 51.607, 51.839, 51.933
What it said to watch
M15 close below the 51.328 swing low brings the 51.154 asia low back into play; a break there extends the lower-low chain
Reclaiming the ema20 at 51.607 and the falling trendline would put the 50% fib of the Asia bounce leg and the ema50 at 51.839 in focus
A close above the 51.933 asia high invalidates the lower-high sequence
US Initial Jobless Claims (13:30 GMT) and Fed speakers later today could materially shift this read
02:46 UTC
Downtrend, Asia bounce failing · RSI 37 · price 51.371
Lower highs below ema50 after Asia-open low.
The NY-session slide from 53.15 extended at the Asia open. Price broke Tuesday's ~51.23 CPI low (tue low) to the 51.154 asia low, and the bounce met rejection at the 51.933 asia high just above the ema50. Lower highs since and the latest drop back below the ema20 have price pressing the 51.23–51.15 zone again as USD strength outweighs Wednesday's resilience. RSI(14) at 36.6 is off its oversold lows, and ATR(14) has expanded to 184 pips.
Support: 51.23, 51.154
Resistance: 51.635, 51.869, 51.933
What it said to watch
A close back above the ema20 at 51.635 breaks the lower-highs line and eases the downtrend read
A reclaim of the 51.933 asia high, above the ema50, invalidates the failed-bounce structure
Failure to hold the tue low and 51.154 asia low confirms a fresh lower-low
US Jobless Claims at 13:30 UTC and Fed speakers, including Williams at 23:30 UTC, could materially shift this read
02:31 UTC
Downtrend, Asia rebound stalling · RSI 48 · price 51.708
Asia session range 51.53–51.93 after sweep of Tuesday low.
After Wednesday's slide from 53.17, which ran through NY hours on a firm USD, the Asia session dipped below Tuesday's ~51.23 low to an asian low of 51.154, with RSI(14) at 14, then rebounded to the 51.933 asian high, stalling at the 38.2% fib of the 53.17–51.15 drop. Price is now coiling between 51.53 and 51.83, just above the ema20 at 51.662 and below the ema50 at 51.889. ATR(14) has expanded to about 169 pips.
Support: 51.662, 51.527, 51.154
Resistance: 51.889, 51.933
What it said to watch
M15 close above the ema50 (51.889) and the 51.933 asian high clears the 38.2% fib and ends the lower-high read
Failure to hold the 51.527 swing low reopens the 51.154 asian low
US Jobless Claims at 13:30 UTC and the Fed-speaker slate (Williams at 23:30 UTC) could materially shift this read
The NY-session grind lower from the 53.17 London high carried into Asia, where silver swept Tuesday's ~51.23 low to an Asia low of 51.154 with RSI(14) at 14, then snapped back to an Asia high of 51.933, stalling at the 38.2% fib of the selloff. Price is now chopping just under the ema20 at 51.661 and below the ema50 at 51.898, with a higher low at the 51.527 swing low. ATR has expanded to 174 pips as the USD holds its post-CPI gains.
Support: 51.527, 51.154
Resistance: 51.898, 51.933
What it said to watch
M15 close above the ema50 and the 51.933 Asia high takes price out of the selloff's 38.2% fib zone
A break of the 51.527 swing low and the higher-low trendline exposes the 51.154 Asia low again
US Jobless Claims at 13:30 UTC and the Fed-speaker slate (Hammack 14:00, Williams 23:30 UTC) could materially shift this read
Lower high at 51.933 after a sweep of Tuesday's low; testing ema20.
Silver gave back Wednesday's London rally from 53.17 through NY, with USD still bid after the CPI beat. Early Asia swept Tuesday's ~51.23 low to an asian low of 51.154 with RSI(14) at 14. The bounce met rejection at 51.933, just above the ema50 (51.908), and price now sits just under the ema20 (51.661) with RSI 44.8 and ATR(14) expanded to 172.7 pips.
Support: 51.527, 51.154
Resistance: 51.661, 51.908, 51.933
What it said to watch
A close back above the ema50 and the 51.933 bounce high breaks the lower-high sequence
Loss of the 51.527 pullback low breaks the bounce higher low and exposes the 51.154 asian low
Holding below the ema20 keeps the bounce capped inside the Asian range
US Jobless Claims at 13:30 UTC and Thursday's Fed-speaker slate could materially shift this read
01:46 UTC
Downtrend, early Asia bounce stalling · RSI 50 · price 51.655
Lower highs from 53.17; session-low sweep at 51.154, then a bounce capped below ema50.
The NY-session slide from 53.17 extended at the Asia open. Price swept under Tuesday's 51.23 low to a 51.154 session low, and RSI(14) rebounded from 14 to 50. The bounce met rejection at 51.933, just above the ema50 (51.92), and price is now testing the ema20 at 51.666 with the 51.58 higher low beneath, ATR(14) expanding to 170 pips.
Support: 51.666, 51.58, 51.154
Resistance: 51.933, 52.00
What it said to watch
Failure to hold the 51.58 higher low reopens the 51.154 session low
M15 close above the 51.933 bounce high and ema50 shifts the read toward the 52.00 round number
Thu 13:30 GMT US Jobless Claims and Fed speakers can reset the intraday range
01:31 UTC
Downtrend, sharp rebound off the low · RSI 53 · price 51.744
Post-sweep rebound capped below ema50, NY lower highs intact.
Silver's NY-session slide carried through the daily reopen, sweeping below Tuesday's 51.23 low to a 51.154 session low with RSI(14) at 14 before a sharp early-Asia rebound. The rebound was rejected at the 51.933 session high just above the ema50 (51.928). Price now sits between that level and the ema20 (51.66), with RSI back at 53 and ATR expanding to 169 pips.
Support: 51.66, 51.544, 51.154
Resistance: 51.933, 52.182
What it said to watch
M15 close above the 51.933 session high and ema50 would mark the first higher high since the NY decline
Close above the 52.182 prior pivot negates the NY-session lower-high chain
Failure to hold the ema20 and the 50% fib at 51.544 exposes a retest of the 51.154 session low
US Initial Jobless Claims at 13:30 GMT and today's Fed-speaker slate could materially shift this read
01:17 UTC
Downtrend, oversold bounce under way · RSI 50 · price 51.76
Lower highs from 53.17; Asia swept below Tuesday's low, then bounced into the ema50.
Wednesday's push to 53.173 stalled under $53, the cap the digest flags, and the NY session unwound it in a lower-high grind. Early Asia swept Tuesday's ~51.23 low to an asia low of 51.154 with RSI(14) at 14, then rebounded through the ema20 before stalling at the ema50 (51.933), near the 38.2% fib. RSI is back at 50 and ATR has expanded to 166.5 pips.
Support: 51.645, 51.418, 51.154
Resistance: 51.933, 52.14
What it said to watch
M15 close above the ema50 / 38.2% fib at 51.93 extends the bounce toward the 52.14 breakdown level
Close back below the ema20 at 51.645 and the 51.418 higher low exposes the 51.154 asia low
Break of 51.154 resumes the lower-low sequence from 53.17
Jobless Claims at 13:30 UTC and Thursday's Fedspeak slate could materially shift this read
00:46 UTC
Downtrend, early Asia bounce off fresh low · RSI 36 · price 51.497
Lower highs from 53.173 London-open high; post-reopen sweep of tuesday low.
Silver gave back Wednesday's run to 53.173 through London and NY on a firm USD, then extended after the daily reopen to a 51.154 swing low below the tuesday low. RSI(14) has rebounded from 14.1 to 35.9 and the early-Asia bounce high at 51.544 sits just under the ema20 and the 23.6% retracement of the selloff, with ATR(14) expanded to 138 pips.
Support: 51.418, 51.23, 51.154
Resistance: 51.544, 51.621, 51.716
What it said to watch
M15 close above the ema20 at 51.621 and the 51.716 reopen high would break the lower-high sequence
Loss of the 51.418 pullback low and a close back below the tuesday low near 51.23 reopens the 51.154 swing low
US Initial Jobless Claims at 13:30 UTC and the Fed-speaker slate could materially shift this read
Lower highs from 53.17; sweep of Tuesday low then reclaim.
Wednesday's Asia rally topped at 53.17 and faded from London midday. NY then extended a steady lower-high slide below both EMAs as USD held its post-CPI gains. Early Asia selling swept the Tuesday low near 51.23 to a 51.154 session low before a reversal bar lifted RSI(14) to 35.5 from 14.1. The bounce high at 51.544 is the first cap, and ATR(14) has expanded to 139 pips.
Support: 51.23, 51.154
Resistance: 51.544, 51.636, 51.716
What it said to watch
M15 close back below the 51.154 session low turns the sweep into a fresh lower-low
Holding above the Tuesday low at 51.23 keeps the rejection read intact
Close above the 51.544 bounce high brings the ema20 at 51.636, near the 23.6% fib of the decline, and the 51.716 Asia open into play
US Initial Jobless Claims (13:30 UTC) and the Fed-speaker slate could materially shift this read
Lower highs and lower lows since Wednesday London; new Asia session low.
Silver gave back Wednesday's rebound from 53.173 through the NY session as USD held yearly highs. The early Asia session extended the slide to a session low at 51.154, just under Tuesday's ~51.23 CPI low. RSI(14) at 14.1 is deeply oversold and ATR has expanded to 125.7 pips, with price below both the ema20 and ema50 and the lower-highs line intact.
Support: 51.154, 51.00
Resistance: 51.359, 51.653, 51.987
What it said to watch
Failure to hold the 51.154 session low exposes the 51.00 round number
Recovery above the 51.359 minor high would be the first higher high of the Asia session
M15 close above the ema20 at 51.653, near the 23.6% fib, breaks the lower-highs line
Reclaiming the ema50 at 51.987 near the 38.2% fib would neutralise the intraday downtrend
US Initial Jobless Claims 13:30 UTC and Fed speakers incl. Williams could materially shift this read
Lower highs and lower lows since 53.17, fresh low at Asia open.
Silver has unwound Wednesday's bounce, falling from the 53.17 Asia-London high in a steady lower-highs chain through NY and extending to a 51.186 session low in early Asia, just through Tuesday's ~51.23 CPI low, as the firm USD and yields weigh. RSI(14) at 14.2 is deeply oversold and ATR(14) has widened to 122.5 pips. Price sits below both EMAs, with the ny low at 51.63 and the ema20 at 51.697 overhead.
Support: 51.186, 51.00
Resistance: 51.63, 51.697, 52.018
What it said to watch
M15 close back above the 51.63 ny low and the 51.697 ema20 would break the lower-highs trendline sequence
Failure to hold the 51.186 session low extends the lower-low chain toward the 51.00 round number
RSI(14) at 14.2 is extreme; a higher RSI low on a fresh price low would flag bullish divergence
A close above the 52.018 ema50 would put the move back into the middle of the 53.17 fall
US Jobless Claims at 13:30 GMT and the Fed speaker slate later Thursday could materially shift this read