XAG/USD AI Live Scan, 15-minute chart, Tuesday, 13 October 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.
23:47 UTC
Downtrend, pressing day lows · RSI 36 · price 58.97
Lower highs from 60.72; early Asia retesting the 58.88 NY low.
The NY-hours selloff from 60.68 to the 58.88 day low tracked hawkish Fed pricing and ~5.2% 10y yields. The post-low bounce stalled at the 59.35 range top. Early Asia session has faded from the 59.17 session high back toward the day low, with RSI(14) near 36 and price below both EMAs.
Support: 58.88, 58.50
Resistance: 59.17, 59.35, 60.00
What it said to watch
M15 close below the 58.88 day low extends the lower-low chain toward the 58.50 two-mo low shelf
Reclaim of the 59.17 session high, then the 59.35 range top, would neutralise the intraday selloff
Selloff fib 38.2% at ~59.58 and the 60.00 psych sit above as the next upside reference
US CPI Wed 12:30 UTC (~13h) and Bowman at 09:40 UTC could materially shift this read
Lower-high chain from 60.47; Asia broke its opening range, probing the 58.88 spike low.
Silver lost about $1.60 in the NY sell-off from 60.47 to the 58.88 spike low as hawkish Fed pricing and high yields weighed, and every bounce since has printed a lower high. Early Asia slipped out of its 59.09–59.17 opening range to 58.90, retesting the spike low with RSI(14) near 27.
Support: 58.88, 58.50
Resistance: 59.174, 59.349
What it said to watch
M15 close below the 58.88 spike low extends the lower-low chain toward the 58.50 2m low shelf
Recovery above the 59.17 asia high and the lower highs trendline near 59.09 returns price to the overnight range
Close above the 59.35 bounce high breaks the NY sell-off lower-high sequence
US CPI at 12:30 UTC and Fed's Bowman at 09:40 UTC could materially shift this read
Lower highs below 59.35 bounce high; testing 59.00 early in Asia.
Silver slid from 60.72 to a 58.88 NY low as hawkish Fed pricing and high yields weighed. The bounce stalled at the 59.35 bounce high, and lower highs along the falling trendline have pushed price to a fresh session low near 59.00 early in Asia. RSI(14) is near 31 with price below both EMAs; the 59.17 session high caps the Asian range so far.
Support: 58.992, 58.88, 58.50
Resistance: 59.174, 59.349, 60.00
What it said to watch
Break below the 58.88 NY low extends the lower-low chain toward the 58.50 2-month low
Reclaim of the 59.35 bounce high breaks the falling trendline and the lower-high sequence
Bowman at 09:40 UTC and US CPI at 12:30 UTC Wed could materially shift this read; a soft core print puts the 60.00 psych level back in view
Lower highs since 58.88 spike low, tight 59.07–59.17 drift into early Asia.
NY hours took silver from the 60.68 London high through $60 on hawkish Fed and yield pressure, ending in a spike to the 58.88 spike low that was rejected within one bar. The 59.35 rebound high stalled at the 23.6% retracement of the 60.72–58.88 sell-off, and lower highs have since squeezed price toward the 59.07 session low in early Asia, RSI(14) near 37.
Support: 59.073, 58.88
Resistance: 59.228, 59.349, 59.42
What it said to watch
Break of the 59.07 session low exposes the 58.88 spike low
Close above the 59.23 lower high breaks the lower-highs trendline; the 59.35 rebound high and the ny shelf at 59.42 sit above
US CPI Wed 12:30 UTC (core f/c 0.2% MoM) could materially shift this read; Bowman speaks at 09:40 UTC beforehand
22:47 UTC
Downtrend, momentum fading into Asia · RSI 36 · price 59.10
Lower highs after NY selloff, compressing above late-NY low.
NY session broke the psych 60 level and extended to a 58.88 session low as hawkish Fed pricing and ~5.2% yields weighed. The bounce stalled at the 59.35 bounce high and a chain of lower highs has since pressed price toward the 59.07 late-NY low in thin early Asia trade. RSI(14) sits near 36, with price below both EMAs.
Support: 59.07, 58.88
Resistance: 59.35
What it said to watch
M15 close above the 59.35 bounce high breaks the lower-high trendline sequence
Failure to hold the 59.07 late-NY low exposes the 58.88 session low
59.49 (38.2% of the NY selloff) and psych 60 mark the upper boundary of the breakdown
US CPI Wed 12:30 UTC (core f/c 0.2% MoM) could materially shift this read; Fed's Bowman at 09:40 UTC comes first
Lower highs from 60.72, post-sweep range 59.07–59.35.
Silver unwound the Asia-session push to 60.72, with NY hours carving lower highs down to a 58.88 sweep low as high yields and Fed hike pricing weighed. The bounce stalled at the 59.35 bounce high, near the 23.6% fib, and early Asia trade is drifting at 59.14 just above the 59.07 late NY low with RSI(14) near 40.
Support: 59.073, 58.88
Resistance: 59.349, 59.583
What it said to watch
Break of the 59.07 late NY low puts the 58.88 sweep low back in play
M15 close above the 59.35 bounce high exposes the fib 38.2 level at 59.58
Fed's Bowman at 09:40 UTC and US CPI at 12:30 UTC Wed could materially shift this read
22:17 UTC
Downtrend, compressing near lows · RSI 44 · price 59.122
Lower highs from 60.72; post-sweep range 59.07–59.35.
The London-NY selloff from the 60.72 session high ran to a 58.88 sweep low in late NY, which was reclaimed at once, while hawkish Fed pricing and high yields kept silver under 60. Since then price has held a 59.07–59.35 range, with the range top capping near the 23.6% fib. The new Asia session opens flat at 59.12, pressing the ny low, below both EMAs.
Support: 59.073, 58.88
Resistance: 59.35, 60.00
What it said to watch
Failure to hold the 59.07 ny low exposes the 58.88 sweep low
M15 close above the 59.35 range top brings the 38.2% fib at 59.58 and the 60.00 psych pivot into view
US CPI Wed 12:30 UTC, with Bowman at 09:40 UTC, could materially shift this read
22:03 UTC
Downtrend, momentum flattening after NY flush · RSI 44 · price 59.15
Lower highs below 59.35 cap, holding above 58.88 NY low.
Silver was capped below 60.72 through London. It then broke under the 60.00 psych and the 59.555 Asian low during NY hours as hawkish Fed pricing and high yields weighed. A spike to the 58.88 NY low was rejected and price bounced to the 59.349 rebound high. Since the NY close it has been drifting lower in a tight range, printing a late low at 59.073.
Support: 59.073, 58.88
Resistance: 59.349, 59.555, 60.00
What it said to watch
Failure to hold the 59.073 late low exposes the 58.88 NY low; a break there extends the lower-low chain
Close back above the 59.349 rebound high ends the post-spike lower-high sequence and puts the 59.555 Asian low in play
Price at the 38.2% fib of the 60.72–58.88 drop (~59.58) aligns with the Asian low as a structural cap
US CPI Wed 12:30 UTC, plus Fed's Bowman at 09:40 UTC, could materially shift this read
21:47 UTC
Downtrend, compressing after sweep · RSI 43 · price 59.15
Lower highs below 59.35 bounce high, late low at 59.07 holding.
Silver topped at 60.72 early in the day, then sold off from 60.47 through the London-NY transition. The slide broke the 60.00 psych level and the 59.55 Asian low as hawkish Fed pricing and high yields weighed. A sweep low at 58.88 in NY hours snapped back to a 59.35 bounce high, and late NY has since drifted on lower highs toward a 59.07 late low into the daily close, with RSI(14) near 43 and price below both EMAs.
Support: 59.07, 58.88
Resistance: 59.35, 60.00
What it said to watch
M15 close below the 59.07 late low puts the 58.88 sweep low back in play
Close above the 59.35 bounce high would break the post-sweep lower-high sequence and open the ny leg fib 38.2% near 59.49
US CPI Wed 12:30 UTC (core f/c 0.2% m/m) could materially shift this read; Bowman at 09:40 UTC is an earlier risk
60.00 psych remains the upper reference after the NY breakdown
Lower-high chain from 60.47; post-sweep range 59.19–59.35 now slipping lower in late NY.
Silver gave back the Asian-session rally to 60.72 and broke the 59.555 Asian low during NY hours as hawkish Fed and high-yield pressure weighed. The 58.88 spike low was bought back to the 59.35 bounce high, but that range is now eroding, with a fresh 59.07 session low in late NY, price under both EMAs and RSI(14) near 43.
Support: 59.073, 58.88, 58.50
Resistance: 59.349, 59.555, 60.00
What it said to watch
Close below the 59.07 session low reopens the 58.88 spike low, then the 58.50 2-month low
Close above the 59.35 bounce high and the lower-highs trendline breaks the lower-high sequence; the 59.555 Asian low and 60.00 round number sit above
US CPI Wed 12:30 UTC (core f/c 0.2% m/m) could materially shift this read
21:17 UTC
Downtrend, compressing near lows · RSI 42 · price 59.15
Asian low broken in NY, lower highs, tight late-NY band 59.07–59.35.
NY broke the 59.55 Asian low and extended the sell-off from the 60.68 London high to a 58.88 NY low, with hawkish Fed pricing and firm yields weighing. Late NY is compressing in a 59.07–59.35 band below EMA20. RSI(14) sits near 42 as price drifts toward the late low into the session close.
Support: 59.073, 58.88, 58.50
Resistance: 59.35, 59.653, 60.00
What it said to watch
Loss of the 59.07 late low exposes the 58.88 NY low, then the 58.50 two-month low
A close above the 59.35 range top reopens the 59.65 lower high near the 38.2% sell-off fib
Reclaiming the 60.00 round number would negate the NY breakdown
US CPI Wed 12:30 UTC (core f/c 0.2% m/m) could materially shift this read; Bowman speaks at 09:40 UTC first
21:06 UTC
Downtrend, compressing near lows · RSI 43 · price 59.15
Asian low broken in NY; spike low then tight late-session range.
Hawkish Fed and firm yields drove the NY selloff from 60.47. Price broke the Asian low at 59.555 and spiked to a 58.88 ny low, then rebounded only to 59.35, short of the 38.2% retrace near 59.49. Late NY has compressed into a 59.07–59.35 range (late low to range top) below both EMAs. RSI(14) sits at a neutral 43 heading into Wednesday's CPI.
Support: 59.07, 58.88, 58.50
Resistance: 59.35, 59.555, 60.00
What it said to watch
A close back above the 59.35 range top opens the 38.2% ny selloff fib near 59.49 and the 59.555 asian low
Failure to hold the 59.07 late low exposes the 58.88 ny low, then the 58.50 2-month low
US CPI Wed 12:30 UTC (core f/c 0.2% m/m) could materially shift this read; a soft print puts the 60.00 round number back in range
Fed's Bowman at 09:40 UTC could move yields before CPI
20:46 UTC
Downtrend, stalling into late NY · RSI 40 · price 59.105
Lower highs from 60.72 Asia high, Asian low broken, 59.07–59.35 micro-range above 58.88 NY low.
Silver slid from the 60.72 Asia high through the 59.555 Asian low during NY hours, with hawkish Fed pricing and firm yields weighing, and briefly spiked to a 58.88 NY low that was quickly rejected. Late-NY trade is sagging back to the 59.07 late low inside a tight band capped by the 59.35 bounce high, which sits on the 23.6% fib of the day decline.
Support: 59.073, 58.88, 58.50
Resistance: 59.349, 59.555, 60.00
What it said to watch
M15 close below the 59.07 late low reopens the 58.88 NY low; failure there exposes the $58.50 2m low
Reclaim of the 59.35 bounce high and then the 59.555 Asian low would break the lower-high chain, with 60.00 round number above
US CPI Wed 12:30 UTC (core f/c 0.2% m/m) and Bowman at 09:40 UTC could materially shift this read
20:32 UTC
Downtrend, compressing near lows · RSI 40 · price 59.132
Lower highs from 60.72; post-sweep range 59.09–59.35.
Silver fully unwound the Asia session rally to the 60.72 Asia high. It broke the 59.555 Asian low during NY hours as hawkish Fed pricing and ~5.2% 10y yields weighed into Wednesday's CPI. A sweep to the 58.88 day low snapped back into a 59.09–59.35 range, capped near the 23.6% retrace, and price is now pressing the range low late in the NY session with RSI(14) near 40.
Support: 59.09, 58.88, 58.50
Resistance: 59.35, 59.555
What it said to watch
M15 close below the 59.09 range low reopens the 58.88 day low and the 58.50 2-month low
Reclaim of the 59.35 range top puts the 59.555 Asian low, now overhead, back in focus
US CPI Wed 12:30 UTC (core f/c 0.2% m/m) could materially shift this read
Lower highs from 60.72; NY broke Asian low, swept 58.88 and reclaimed.
Silver held a 60.35–60.68 range through London, then broke the 59.555 Asian low in the NY session. The slide ran to a 58.88 session low before a sharp reclaim, as hawkish Fed pricing and ~5.2% 10y yields weighed ahead of Wednesday's CPI. Late in NY, price is compressing between the 59.10 swing low and the 59.35 rebound high, with RSI(14) near 45 and both EMAs overhead.
Support: 59.098, 58.88
Resistance: 59.349, 59.555
What it said to watch
Close below the 59.10 swing low puts the 58.88 session low back in play
Recovery through the 59.35 rebound high and the 59.555 Asian low (near the 38.2% fib) weakens the downtrend read
US CPI Wed 12:30 UTC (core f/c 0.2% m/m) and Bowman at 09:40 UTC could materially shift this read
20:04 UTC
Downtrend, stalling in a tight range · RSI 38 · price 59.218
Lower highs from 60.72 session high; post-flush range 59.19–59.35.
Silver gave back the Asia-London rally, falling through the asian low at 59.555 during NY hours as hawkish Fed pricing and ~5.2% 10y yields weighed into Wednesday's CPI. The 58.88 session low was a false break, reclaimed within one bar, and price now coils between the 59.19 range low and 59.35 range high late in the NY session, RSI(14) near 38.
Support: 59.19, 59.098, 58.88
Resistance: 59.35, 59.555, 59.812
What it said to watch
M15 close below the 59.19 range low reopens the 59.098 swing low and the 58.88 session low
Close above the 59.35 range high exposes the broken asian low at 59.555, near the 38.2% of the 60.72–58.88 drop; 59.812 lower high sits above
US CPI Wed 12:30 UTC (core f/c 0.2% m/m) could break the range; Bowman at 09:40 UTC is earlier risk
19:32 UTC
Downtrend, late-NY pause · RSI 47 · price 59.302
Lower highs from London, tight base above 58.88 low.
Silver printed lower highs from the 60.68 London high and broke the 59.555 Asian low during NY hours as Fed and yield pressure weighed. It then flushed to a 58.88 session low at 17:45 UTC. The rebound stalled at the 59.35 bounce high and price is now coiling around EMA20 (~59.37), with RSI(14) neutral near 47.
Support: 59.10, 58.88, 58.50
Resistance: 59.35, 59.42, 59.555
What it said to watch
M15 close above the 59.42 ny pivot reopens the 59.555 asian low and the 38.2% of the selloff fib (~59.49)
Failure to hold the 59.10 swing low puts the 58.88 session low and the 58.50 2m low back in focus
US CPI Wed 12:30 UTC (core f/c 0.2% m/m) could materially shift this read; Bowman speaks at 09:40 UTC beforehand
19:17 UTC
Downtrend, compressing after flush · RSI 44 · price 59.275
Lower highs from 60.721; 58.880 sweep reclaimed, tight 59.23–59.35 box.
NY broke the London low near 60.20 and the 59.555 asian low as hawkish Fed pricing and firm yields weighed into CPI, extending a lower-high chain from the 60.721 Asian high. The 17:45 UTC spike to the 58.880 session low was reclaimed within one bar. Since then price has been boxed at 59.23–59.35 late in NY, capped by the ema20 and the 23.6% fib.
Support: 59.098, 58.88
Resistance: 59.35, 59.555, 60.00
What it said to watch
M15 close above 59.35 (ema20 / 23.6% fib) opens the 59.555 asian low, then the 59.80 fib 50%
Failure at the 59.098 swing low reopens the 58.880 session low and the $58.50 two-month low
Round number 60.00 sits near the 61.8% fib, the upper boundary of the retracement
US CPI Wed 12:30 UTC (core f/c 0.2% m/m) could materially shift this read; Bowman at 09:40 UTC is earlier risk
19:03 UTC
Downtrend, late-NY bounce · RSI 47 · price 59.33
Lower highs from 60.68; Asian low broken, sweep to 58.88 reversed.
NY session broke the asian low at 59.555 as hawkish Fed pricing and elevated yields weighed. A spike to the 58.88 sweep low near the $59 floor reversed in one bar. Price is now holding near 59.30, capped by the 59.35 bounce high and the ema20 at 59.39, with RSI(14) neutral near 47.
Support: 59.10, 58.88
Resistance: 59.35, 59.39, 59.555
What it said to watch
Close back above the 59.555 asian low (38.2% fib) undercuts the downtrend read
Failure to hold the 59.10 swing low reopens the 58.88 sweep low
Bowman 09:40 UTC and US CPI Wed 12:30 UTC could materially shift this read
18:32 UTC
Downtrend, stabilising after a late-NY flush · RSI 40 · price 59.304
Lower highs through NY; false break below the 59.10 swing low rejected.
Silver unwound the early-session push to 60.72 and broke the 59.555 Asian low during NY hours, with firm yields and hawkish Fed pricing weighing into Wednesday's CPI. A flush to the 58.88 session low reversed sharply back above the 59.10 swing low. Price is now pressing the descending trendline under the 59.349 rebound high, with RSI(14) near 40.
Support: 59.098, 58.88
Resistance: 59.349, 59.555, 60.00
What it said to watch
M15 close above the 59.349 rebound high and descending trendline opens the 59.555 asian low, which sits near the 38.2% fib of the 60.72–58.88 move; 60.00 psych is above that
Failure to hold the 59.10 swing low puts the 58.88 session low back in play
Late-NY trade into Wednesday's US CPI (12:30 UTC, core f/c 0.2% m/m) and Bowman (09:40 UTC) could materially shift this read
Lower highs and lower lows from the 60.72 Asian high; 58.88 sweep reclaimed in one bar.
Silver rolled over from the 60.72 Asian high and broke the 59.555 Asian low during NY hours as hawkish Fed pricing and firm yields weighed. It then spiked to a 58.88 session low and closed back at 59.25 in a single bar. Price holds below EMA20 and EMA50 with RSI(14) near 39. The 38.2% fib of the 60.72–58.88 drop sits at 59.58, just above the broken Asian low.
Support: 59.098, 58.88
Resistance: 59.349, 59.555
What it said to watch
A close above the 59.35 rebound high brings the 59.555 Asian low and 38.2% fib zone into play as resistance
Failure to hold the 59.10 swing low reopens the 58.88 session low; a close below it extends the lower-low chain
Psych 60 lines up with the 61.8% fib of the NY drop; a reclaim would negate the intraday downtrend read
US CPI Wed 12:30 UTC (core f/c 0.2% MoM) could materially shift this read; Fed's Bowman speaks earlier at 09:40 UTC
18:03 UTC
Intraday downtrend, stretched into late NY · RSI 28 · price 59.002
Lower highs and lower lows since the 60.72 Asian session high; fresh session low at 58.88.
Silver gave back the Asian session rally to 60.72, lost the 60 pivot in the first hour of NY and printed lower highs at 60.17, 59.65 and 59.33 as hawkish Fed pricing and ~5.2% 10y yields weighed. A late-NY flush to a 58.88 session low cleared the 59.10 broken low, leaving price below the lower-high trendline with RSI(14) near 28.
Support: 58.88, 58.50
Resistance: 59.10, 59.33
What it said to watch
A close back above the 59.10 broken low and the lower-high trendline near 59.25 would stall the NY sell-off read
A close above the 59.33 lower high breaks the lower-high chain; the 60 pivot sits above as the cap
Failure to hold the 58.88 session low exposes the ~58.50 2-month low
US CPI Wed 12:30 UTC (core vs 0.2% MoM) could materially shift this read
Lower highs from London high; NY broke Asian low, now compressing above session low.
Silver slid from the 60.68 London-hours high through the 60 pivot and the 59.555 Asian low during NY hours as hawkish Fed pricing and firm yields weighed, printing a session low at 59.098. The last two hours have compressed between 59.10 and the 59.33 swing high under a descending trendline, with RSI(14) near 31 and not yet stretched.
Support: 59.098, 59.00
Resistance: 59.33, 59.555
What it said to watch
M15 close above the 59.33 swing high and the descending trendline breaks the lower-high chain
Reclaim of the 59.555 Asian low would put the 38.2% fib near 59.70 back in view
Failure to hold the 59.098 session low exposes the 59.00 round number
Repeated rejection below the 60 pivot keeps the selloff structure intact
US CPI Wed 12:30 UTC, core MoM vs 0.2% f/c, could materially shift this read
Lower highs since NY open after a break of the Asian range low.
Silver slid from the 60.68 London high through NY hours, breaking the Asian low at 59.555 and printing a session low of 59.098, with each bounce capped by a lower high. After London close the pace has slowed, with RSI(14) near 31 and price holding above the 59.00 round number.
Support: 59.098, 59.00
Resistance: 59.33, 59.555, 59.653
What it said to watch
M15 close above the 59.33 lower high breaks the descending lower-highs line
Reclaiming the 59.555 asian low, then the 59.653 swing high, would negate the NY breakdown; the 38.2% level of the decline fib sits near 59.70
Failure to hold the 59.098 session low exposes the 59.00 round number
US Budget Statement at 18:00 UTC today and US CPI Wed 12:30 UTC could materially shift this read
NY lower-high chain broke the Asian low; tight base forming 59.10–59.38.
The NY session sell-off from the 60.68 morning high cut through 60.00 and the Asian low at 59.555 ahead of Wednesday's US CPI, printing a session low at 59.10. Since 15:30 UTC price has compressed under a 59.38 range top, RSI(14) near 31, with lower highs flattening out after London close.
Support: 59.098, 59.00
Resistance: 59.376, 59.555, 59.703
What it said to watch
M15 close above the 59.38 range top ends the stall; reclaiming the 59.555 asian low negates the range break
Failure to hold the 59.10 session low exposes the 59.00 round number
Sell-off fib 38.2 at 59.70 overlaps the 14:00 UTC swing high, the first structural cap above the base
US CPI Wed 12:30 UTC (core f/c 0.2% m/m) could materially shift this read; Budget Statement 18:00 UTC is second-tier
Silver slid through the NY session from 60.47, broke the Asian low at 59.555 and printed a fresh session low at 59.098 heading into Wednesday's CPI. Lower highs at 59.65 and 59.33 keep the intraday decline intact. RSI(14) near 21 is oversold, and bar ranges are compressing after London close.
Support: 59.098, 59.00
Resistance: 59.332, 59.555, 60.00
What it said to watch
M15 close above the 59.332 lower high breaks the lower-high chain, with the 59.555 Asian low next and the 38.2% of the day-high drop fib near 59.72 above that
Loss of the 59.00 round number extends the move below the session low, toward the $58.50 two-month low flagged in the digest
The 60.00 psych level marks where the NY breakdown started and caps any deeper recovery
US CPI Wed 12:30 UTC (~19.5h) could materially shift this read, with the Budget Statement due at 18:00 UTC
16:48 UTC
Downtrend, compressing near lows · RSI 25 · price 59.241
Lower highs from 60.47; Asian range low broken, tight base at 59.17–59.33.
Silver fell 130 cents during NY hours, from the 60.47 pre-NY high, through the Asian low at 59.555 and down to a 59.17 session low. That breaks the dip-buy zone the digest flagged near $59.50, with pre-CPI pressure in play. The last five bars have stalled in a 59.17–59.33 band with RSI(14) near 25, and the 59.42 breakdown level sits overhead.
Support: 59.17, 59.00
Resistance: 59.42, 59.555, 59.67
What it said to watch
A close back above the 59.555 asian low would turn the range break into a false break
A move through the 59.42 breakdown level toward fib 38.2 at 59.67 would signal the sell-off is retracing
Loss of the 59.17 session low exposes the 59.00 round number
US Budget Statement at 18:00 UTC today is minor; Wed 12:30 UTC CPI, core m/m f/c 0.2%, is the main risk to this read
Lower-high/lower-low chain from 60.47; Asian range broken to the downside.
Silver lost the 60.00 psych level and the 59.555 Asian low during NY hours, extending a lower-high/lower-low sell-off from 60.47 to a 59.17 session low, with the USD near 18-month highs into Wednesday's CPI. RSI(14) near 24 is oversold, and bars have compressed just above the low since London close.
Support: 59.17, 59.00
Resistance: 59.555, 59.653, 60.00
What it said to watch
M15 close below the 59.17 session low extends the lower-low chain toward the 59.00 round number
Reclaim of the 59.555 Asian low, then the 59.653 lower high (38.2% of the NY sell-off fib), would neutralise the breakdown
Return above 60.00 psych (near the 61.8% fib) invalidates the NY sell-off structure
US Budget Statement 18:00 UTC today and US CPI Wed 12:30 UTC could materially shift this read
Lower highs from 60.47, Asian range broken to the downside.
The NY session extended the slide from 60.47 through the 60.00 psych level. It broke the Asian low at 59.555 and printed a session low at 59.17. The last hour has flattened into a 59.17–59.33 base with RSI(14) near 26, and the lower high at 59.653 sits on the fib 38.2% of the drop. The selloff runs against the digest's softer-USD read, and US CPI is the next catalyst.
Support: 59.17, 59.00
Resistance: 59.555, 59.653, 60.00
What it said to watch
Recapture of the 59.555 Asian low would turn the range break into a false break
A close below the 59.17 session low opens the 59.00 round number
The lower high at 59.653 (fib 38.2%) caps rebounds while intact; 60.00 psych sits above
US Budget Statement 18:00 UTC today and CPI Wed 12:30 UTC could materially shift this read
16:03 UTC
Downtrend, extending into late NY · RSI 24 · price 59.299
Lower highs from 60.68; Asian low 59.555 broken.
Silver topped near 60.68 in early London, then slid through a run of lower highs. NY selling broke 60.00 psych and the 59.555 Asian low, printing a 59.211 session low even as the digest flagged a softer USD. RSI(14) near 24 is stretched but not extreme, and the last four bars are compressing just above the low.
Support: 59.211, 59.00
Resistance: 59.555, 59.653, 60.00
What it said to watch
M15 close back above the 59.555 asian low would undercut the breakdown read
Failure to hold the 59.211 session low exposes the 59.00 round number
A break of the lower high at 59.653 would end the lower-highs sequence
US Budget Statement 18:00 UTC; CPI Wed 12:30 UTC could materially shift this read
15:48 UTC
Downtrend, extending into NY session · RSI 23 · price 59.279
Lower highs since 60.72 London peak; Asian low 59.555 broken.
The NY session sell-off from the 60.47 lower high broke the 59.555 Asian low and printed a fresh 24h session low at 59.278. That extends the lower-high chain from the 60.72 London-morning peak. RSI(14) near 23 is oversold, but bars are still closing near the lows with no reclaim of the Asian low.
Support: 59.278, 59.00
Resistance: 59.555, 60.00, 60.47
What it said to watch
A reclaim of the 59.555 Asian low would mark the break as a false break
Failure to hold the 59.278 session low exposes the 59.00 round number
A recovery above psych 60.00 (near the 61.8% fib) would break the lower-high sequence, with 60.47 the next lower high
US Budget Statement today 18:00 UTC and US CPI Wed 12:30 UTC (core f/c 0.2% m/m) could materially shift this read
15:31 UTC
Downtrend, oversold after NY sell-off · RSI 24 · price 59.355
Lower highs and lower lows since 12:15 UTC; Asian range broken to the downside.
NY session unwound the London range at 60.40–60.68, slicing through the $60 round number and the Asian low at 59.555 to a fresh session low at 59.285. Bounces have stalled at progressively lower highs, the latest at 59.653, and RSI(14) sits near 24 with CPI still ahead.
Support: 59.285, 59.00
Resistance: 59.555, 59.653
What it said to watch
M15 close back above the 59.555 Asian low negates the range break
Lower high at 59.653 and the trendline from 60.17 cap the bounces; a close above both breaks the lower-high chain
Failure to hold the 59.285 session low exposes the 59.00 round number
US Budget Statement 18:00 UTC today and US CPI Wed 12:30 UTC could materially shift this read
15:17 UTC
Downtrend, oversold and stalling · RSI 24 · price 59.463
Lower highs and lower lows through NY, Asian low broken.
NY session extended the slide from the 60.47 pre-NY high along a line of lower highs. Price broke the Asian low at 59.555 and set a session low at 59.418, giving back the entire Asia-session rebound ahead of Wednesday's CPI. RSI(14) near 24 is oversold, and the last four bars are stalling in a 59.42–59.65 pocket capped by the 14:45 UTC bounce high.
Support: 59.418, 59.00
Resistance: 59.555, 59.653, 60.17
What it said to watch
M15 close back above the 59.555 Asian low turns the break into a false break
Acceptance above the 59.653 bounce high exposes the 60.17 lower high and the lower highs trendline
Failure to hold the 59.418 session low opens the 59.00 round number
Price is currently around 0.786 of the NY selloff fib, a common area for retracements to fade
US Budget Statement 18:00 UTC today, then Fed's Bowman and US CPI Wed 12:30 UTC, could materially shift this read
Silver broke the 60.30–60.68 London range during the London-NY transition, and the NY session then extended the slide through the 59.555 Asian low to a 59.418 session low, keeping the lower-high chain from 60.681 intact. RSI(14) sits near 27 as price stalls around the $59.50 area. The selloff has no fresh data catalyst and runs against the digest's softer-USD read, with positioning tight ahead of Wednesday's US CPI.
Support: 59.418, 59.00
Resistance: 59.555, 60.00, 60.17
What it said to watch
A close back above the 59.555 asian low would mark the break as a false break
Failure to hold the 59.418 session low exposes the 59.00 psych level
A reclaim of 60.00 round number and the 60.17 swing high breaks the lower-high trendline
US Budget Statement 18:00 UTC; CPI Wed 12:30 UTC (core vs 0.2% f/c) is the main risk to this read
Lower highs from 60.47 through NY; Asian low broken, price testing it from below.
NY session extended the stair-step decline from 60.47, breaking the 59.555 Asian low to a 59.418 session low as positioning shifts ahead of Wednesday's US CPI. RSI(14) sits near 29. The latest bar is back at the Asian low and testing it from below, with the 60.17 lower high capping the sequence.
Support: 59.418, 59.00
Resistance: 59.555, 60.00, 60.17
What it said to watch
M15 close back above the 59.555 Asian low would mark the break as a false break
Failure to hold the 59.418 session low extends the lower-low chain toward the 59.00 round number
Close above the 60.17 lower high, through the 60.00 round number, invalidates the NY downtrend read
US CPI Wed 12:30 UTC (~22h) is the main event risk; the 18:00 UTC budget statement is second-tier
14:32 UTC
Downtrend, lower highs since London · RSI 26 · price 59.534
Asian range low broken in first hour of NY.
The London fade from 60.68 accelerated into the NY open. Price broke the 59.555 Asian low and printed a 59.42 session low, with RSI(14) near 26 and the 60.72–59.42 fib retrace still shallow. The break undercuts the mid-$59s dip-buying seen in Asia, leaving the asian low and the 59.81 swing high as the first overhead references.
Support: 59.42, 59.00
Resistance: 59.555, 59.812, 60.00
What it said to watch
An M15 close back above the 59.555 asian low would mark the break as a false break
Failure to hold the 59.42 session low opens the 59.00 round number
Reclaiming the 59.81 swing high and 60.00 psych would neutralise the lower-high sequence
US Monthly Budget Statement 18:00 UTC; US CPI Wed 12:30 UTC (~22h) could materially shift this read
Lower highs from 60.681 since London; NY broke 60.00 and the London range low.
NY session extended the post-London slide through the 60.00 round number to a ny low at 59.622, just above the 59.555 asian low, with RSI(14) near 29 amid hawkish-Fed and yield pressure into Wednesday's CPI. The bounce stalled at the 60.17 lower high, near the 50% retracement of the London-NY drop, keeping the lower-highs trendline from 60.681 intact.
Support: 59.622, 59.555
Resistance: 60.00, 60.17, 60.47
What it said to watch
Break of the 59.555 asian low extends the lower-low chain below the ny low
Recovery above the 60.00 round number and the 60.17 lower high breaks the lower-highs trendline
M15 close above the 60.47 swing high invalidates the intraday downtrend read
US CPI Wed 12:30 UTC (core f/c 0.2% m/m) could materially shift this read
14:03 UTC
Downtrend, NY extending the London lower-high sequence · RSI 31 · price 59.708
Lower highs from the London 60.681 high; 60.00 broken, price near Asian range floor.
Silver has printed lower highs since the 60.681 London high. The NY session broke the 60.00 round number to a 59.622 session low, just above the 59.555 Asian low, with the 60.17 swing high capping the bounce, as oil-driven inflation worries and hawkish-Fed pricing weigh. RSI(14) near 31 is stretched but not yet extreme, and ATR is around 175 pips.
Support: 59.622, 59.555
Resistance: 60.00, 60.17, 60.47
What it said to watch
A break of the 59.555 asian low extends the lower-low chain into fresh intraday territory
An M15 close back above the 60.00 round number (38.2% retrace) neutralises the breakdown
A close above 60.47, the last lower high on the trendline, invalidates the intraday downtrend read
US CPI Wed 12:30 UTC (core f/c 0.2% m/m) could materially shift this read
13:46 UTC
Intraday downtrend, lower highs since session high · RSI 35 · price 60.007
Lower-high/lower-low chain; NY open broke London range low and $60.00.
Lower highs from the 60.721 session high gave way at the NY open, breaking the London range and $60.00 to a 59.881 NY low. Two bounces stalled at the 60.170 bounce cap near the 38.2% retrace, with RSI(14) near 35 as firm yields and oil-driven inflation worries weigh ahead of Wednesday's CPI.
Support: 59.881, 59.555
Resistance: 60.17, 60.47, 60.721
What it said to watch
M15 close above the 60.170 bounce cap and the descending trendline near 60.35 eases the lower-high read; 60.470 lower high is the next reference
Failure to hold the 59.881 NY low extends the lower-low chain toward the 59.555 asian low
Existing Home Sales at 14:00 UTC is minor; Bowman (09:40 UTC) and US CPI (12:30 UTC) Wednesday could materially shift this read
13:32 UTC
Intraday downtrend, lower highs since London · RSI 36 · price 60.083
Lower highs from the 60.681 London high; NY low at 59.881 then a sharp reclaim of 60.00.
London printed lower highs from 60.681. The first hour of NY then slid through the 60.00 psych to a 59.881 NY low before a one-bar reclaim to 60.10. Price sits below the 60.196 London low, the falling trendline and both EMAs, with RSI(14) near 36; the 59.555 Asian low remains the overnight floor ahead of Wednesday's US CPI.
Support: 60.00, 59.881, 59.555
Resistance: 60.196, 60.47, 60.721
What it said to watch
M15 close back below the 60.00 psych and the 59.881 NY low turns the reclaim into a lower-low, with the 59.555 Asian low next
Close above the 60.196 London low (38.2% of the Asian high–NY low fib) and the falling trendline near 60.37 breaks the lower-high sequence; the 60.47 lower high and the 60.721 Asian high sit above
Existing Home Sales at 14:00 UTC is minor. US CPI on Wed at 12:30 UTC is the main risk to the $59.50–61.00 range.
Silver has unwound most of the Asian rally off the 59.555 asia low. London capped a sequence of lower highs from 60.681, and early NY hours broke the 60.196 london low and the $60 psych pivot to a 59.881 session low. Price now sits between the 61.8% and 78.6% fib of the Asia rally with RSI(14) near 24, against a hawkish-Fed backdrop into Wednesday's CPI.
Support: 59.881, 59.805, 59.555
Resistance: 60.00, 60.196, 60.47
What it said to watch
Holding below the 60.000 psych level keeps the breakdown intact; an M15 close back above the 60.196 london low negates it
Loss of the 59.881 session low exposes the 78.6% fib at 59.805, then the 59.555 asia low
An M15 close above the 60.47 lower high breaks the descending lower-highs trendline
Existing Home Sales at 14:00 UTC is minor; US CPI Wed 12:30 UTC is the main event risk for this read
13:04 UTC
Intraday downtrend, lower highs since Asian high · RSI 29 · price 59.957
Lower-high/lower-low chain; London range broken to the downside at NY open.
Silver has made lower highs since the 60.721 Asian high. In the first hour of NY it broke the 60.196 London low and the 60.00 psych, now sitting near the 61.8% retrace of the Asia rally with RSI(14) at ~29. The hawkish-Fed backdrop ahead of Wednesday's CPI frames the slide; the 59.78 asia pivot and the 59.555 Asian low sit below.
Support: 59.781, 59.555
Resistance: 60.00, 60.196, 60.47
What it said to watch
M15 close back above the 60.00 psych and the 60.196 london low would mark the break as a false break
Acceptance below 60.00 keeps the 59.78 asia pivot and the 59.555 asian low in play
A close above the lower-high trendline, now near 60.40, would end the descending sequence; 60.47 is the last lower high
US CPI Wed 12:30 UTC and Bowman's remarks could materially shift this read; Existing Home Sales at 14:00 UTC is minor
12:47 UTC
Intraday downtrend, lower highs since 06:00 UTC · RSI 36 · price 60.167
LH/LL chain retracing the Asia rebound, testing 50% fib.
Silver rebounded from the 59.555 Asian low to a 60.721 day high, then gave it back through London. The session printed lower highs from 60.68 down to the 60.47 lower high, with a firm USD and yields capping rallies ahead of Wednesday's CPI. Price now sits on a fresh session low at 60.14, at the 50% fib of that rebound, RSI(14) near 36 and price below both EMAs.
Support: 60.138, 60.00, 59.555
Resistance: 60.47, 60.721
What it said to watch
M15 close below 60.00 round number (61.8% retracement) extends the lower-low sequence toward the asian low at 59.555
Reclaim of the 60.47 lower high breaks the descending trendline and neutralises the downtrend read
Holding the 50% fib into the NY open keeps the move a retracement of the Asia rebound rather than a full reversal
Existing Home Sales at 14:00 UTC is medium impact; US CPI Wed 12:30 UTC is the larger structural risk
Lower-high chain from London high, session low tested twice.
Asia flushed to 59.555 on higher oil and Hammack's hawkish remarks, then recovered to the 60.72 Asian high as the USD eased. London faded after a rejection at the 60.68 London high and has printed lower highs down to 60.47, with the session low at 60.19 tested twice into the NY open. Price sits just under the 38.2% retrace of the Asian rally, below EMA20/50, RSI(14) ~41.
Support: 60.19, 60.12, 60.00
Resistance: 60.47, 60.68, 60.72
What it said to watch
M15 close below the 60.19 session low extends the lower-low sequence toward the 60.12 prior low and the 60.00 round number
Close above the 60.47 lower high breaks the descending trendline and reopens the 60.68 London high
Existing Home Sales 14:00 UTC is minor; US CPI Wed 12:30 UTC, core vs 0.2% f/c, is the main risk to this range read
12:17 UTC
Intraday pullback, lower highs since London open · RSI 41 · price 60.308
Lower highs from 60.721 London high, holding near 38.2% of Asia rally.
Silver flushed to 59.555 in Asia on oil-driven inflation worries, then rallied to a 60.721 London high as the USD eased. Supply capped the London high and the 60.681 retest, and lower highs since then have pulled price back to the 38.2% fib near 60.28. Price is below both EMAs at the London-NY transition, with the 60.196 swing low beneath.
Support: 60.276, 60.196, 60.00
Resistance: 60.47, 60.721
What it said to watch
M15 close below the 60.196 swing low extends the lower-low sequence toward the 60.00 round number and the 61.8% fib
Close above the 60.47 lower high breaks the descending sequence and reopens the london high at 60.721
Second-tier ADP and existing home sales this NY session; US CPI Wed 12:30 UTC could materially shift this read
12:04 UTC
Intraday pullback, lower highs since Asia peak · RSI 43 · price 60.402
Lower highs under 60.68, London low 60.20 holding.
Silver dropped to 59.555 early in the Asia session, then rallied to a 60.721 Asian high as the USD eased off 18-month highs. London has faded the Asia rally with lower highs from the 60.681 London high along a falling trendline. The 60.196 London low held, and price is back near 60.40, just under EMA20, with RSI(14) neutral at 43.
Support: 60.196, 60.00
Resistance: 60.47, 60.681, 60.721
What it said to watch
M15 close above the 60.470 lower high breaks the falling trendline and the London lower-high sequence
Asian high 60.721 and London high 60.681 mark the range top, an area to watch for rejection or break
Failure to hold the 60.196 London low exposes the 60.000 round number, also the 61.8% retracement of the Asia rally
ADP 4-week average at 12:15 UTC into the NY open is second-tier; US CPI Wed 12:30 UTC is the catalyst most likely to shift this read
11:47 UTC
Range-bound after Asia V-recovery, London drifting lower · RSI 43 · price 60.454
London range 60.196–60.681 inside the 59.555–60.721 Asian range; lower highs since 08:15 UTC.
Asia flushed to 59.555 on oil-driven inflation worries, then recovered to the 60.721 Asian high as the USD eased. London was rejected below that level at 60.681 and printed a series of lower highs down to a 60.196 London low, near the 38.2% fib of the Asia rally. Late in London, price is pressing back above the descending trendline and EMA20 around 60.45, with RSI(14) near 43.
Support: 60.196, 60.00
Resistance: 60.681, 60.721, 61.00
What it said to watch
M15 close above the 60.681 London high and 60.721 Asian high would break the London range and put the 61.00 cap back in play
Failure to hold the 60.196 London low exposes the 60.00 round number, which lines up with the 61.8% fib
Repeated closes back below the descending trendline would restore the London lower-high sequence
ADP 4-week average at 12:15 UTC and the NY open could set the next session range
US CPI on Wed at 12:30 UTC is the key event risk; the Asian range is likely to contain price until then
11:32 UTC
Intraday pullback, lower highs since Asia · RSI 44 · price 60.337
Asian V-recovery capped; London lower high, drifting toward the 38.2% retracement.
Asia flushed to 59.555, then recovered in a V to the 60.721 asian high. London was rejected at 60.681, a lower high, and has since bled back to a 60.196 session low near the 38.2% retracement of the Asian rally. Late London is basing in the 60.30s under the ema20 with RSI(14) at 44, and the market is boxed below $61.00 into Wednesday's CPI.
Support: 60.196, 60.138, 60.00
Resistance: 60.42, 60.681, 60.721
What it said to watch
A break of the 60.196 session low exposes the 50% fib at 60.138 and the 60.000 round number.
An M15 close back above the ema20 near 60.42 that extends through the 60.681 london high would negate the lower-high sequence; the 60.721 asian high sits just above.
ADP 4-week average at 12:15 UTC and the NY open could expand range; US CPI on Wed 12:30 UTC is the main risk to this read.
11:18 UTC
Pullback within the Asian rebound, momentum fading · RSI 41 · price 60.312
Lower highs since 60.681, London low broken.
Silver has handed back about half of the Asian rebound from 59.555 to the 60.721 asian high. London rejected 60.681 and has printed lower highs, setting a fresh london low at 60.196 below the 38.2% retracement. Price sits under both EMAs with RSI(14) near 41, consistent with firm yields and USD into Wednesday's CPI.
Support: 60.196, 60.123, 60.00
Resistance: 60.541, 60.681, 60.721
What it said to watch
A break of the 60.196 london low exposes the 60.123 ny low and the 50% retracement of the Asian rebound.
An M15 close above the 60.541 lower high breaks the descending trendline and reopens the 60.681 london high and 60.721 asian high.
Loss of the 60.000 round number (61.8% retracement) puts the 59.555 Asian low back in view.
ADP 4-week average at 12:15 UTC and the NY open can extend the session range. US CPI Wed 12:30 UTC is the larger catalyst.
11:04 UTC
Intraday pullback, lower highs through London · RSI 36 · price 60.244
Asian rebound faded; London range floor broken, LH/LL sequence.
After the Asian flush to the 59.56 asian low on oil and hawkish-Fed worries, the rebound topped at the 60.72 session high. London has since printed lower highs from 60.68 and broken the 60.33 range floor, with price sitting just under the 38.2% retracement of that rebound. RSI(14) is near 36, so it is not yet stretched.
Support: 60.14, 60.00, 59.56
Resistance: 60.33, 60.54, 60.72
What it said to watch
M15 close back above the 60.33 range floor invalidates the breakdown read
A break of the lower-high trendline (60.68 → 60.54) would end the London LH sequence
Failure to hold the 60.14 fib 50% exposes the 60.00 psych / 61.8% zone
US ADP 4-week average at 12:15 UTC and positioning ahead of Wednesday's CPI could materially shift this read
10:47 UTC
Intraday downtrend, fading from London high · RSI 37 · price 60.297
Double top 60.72/60.68, 60.33 neckline broken, lower highs.
London stalled at 60.68, just under the 60.72 Asian high, and has printed lower highs since. That sequence broke the 60.33 neckline, and price now sits on the 38.2% fib of the 59.56–60.72 Asian rally at 60.28. RSI(14) is near 37 and price is below both EMAs, with Wednesday's CPI holding silver capped under $61.
Support: 60.276, 60.138, 60.00
Resistance: 60.329, 60.541, 60.721
What it said to watch
A reclaim of the 60.33 neckline would neutralise the double top. Below it, the lower-high sequence from the 60.54 lower high stays intact.
An M15 close under the 50% fib at 60.14 exposes the 60.00 psych level, which is also the 61.8% retracement.
A push back through the 60.72 Asian high would invalidate the lower-high read.
US ADP 4-week average at 12:15 UTC lands at NY open. CPI on Wed 12:30 UTC could materially shift this read.
10:33 UTC
Asia rebound stalling, lower highs in London · RSI 44 · price 60.377
60.33-60.72 range after the Asia rally, London printing lower highs and pressing the range floor.
The Asia-session rebound from the 59.555 asian low, helped by the USD easing off its 18-month high, ran out at the 60.72 asian high. London has rejected 60.68 and printed lower highs since, with price now back under EMA20 and EMA50 and testing the 60.33 london low. RSI(14) sits near 44 heading into the London-NY transition.
Support: 60.33, 60.00, 59.555
Resistance: 60.54, 60.72
What it said to watch
M15 close below the 60.33 london low exposes the 60.00 psych level, which is also the 61.8% retracement of the Asia rally
A close above the 60.54 lower high breaks the lower-highs trendline and reopens the 60.68-60.72 asian high
ADP 4-week average at 12:15 UTC in the first hour of NY could shift this read
US CPI Wed 12:30 UTC is the main risk; a hot core print is the scenario the digest links to a loss of 60.00
The Asia-session rebound from 59.555 to the 60.721 Asian high stalled as the USD eased. London has held a 60.35–60.68 range, with a rejection at the 60.681 London high marking a lower high. Price is pinned near the 60.40 micro low and the 23.6% fib of the Asia rally, RSI(14) neutral at ~46.
Support: 60.40, 60.345, 60.00
Resistance: 60.681, 60.721
What it said to watch
M15 close below the 60.345 swing low breaks the London range and exposes the 38.2% fib near 60.28, then 60.00 psych
Close above the 60.721 Asian high breaks the lower-high sequence
US ADP at 12:15 UTC could jolt the range; Wed 12:30 UTC CPI is the main structural risk
10:04 UTC
Sideways after Asian rebound, momentum flat · RSI 48 · price 60.426
London inside Asian range; lower high at 60.681, holding above rally support.
Asia flushed to 59.555 before rebounding to the 60.721 Asian high as the USD eased. Mid-London, price has stayed inside that range: a rejection at the 60.681 London high left a lower high, and silver is now drifting near the 60.40 intraday low with RSI(14) near 48, flat into tomorrow's CPI.
Support: 60.40, 60.329, 60.00
Resistance: 60.681, 60.721
What it said to watch
M15 close below the 60.40 intraday low exposes the 60.329 London low and the 38.2% fib of the Asian rally near 60.28
Break of rally support from the Asian low shifts the read back toward the 60.00 psych level
M15 close above the 60.681 London high reopens the 60.721 Asian high
ADP 4-week average at 12:15 UTC and the NY open could expand the session range; US CPI Wed 12:30 UTC is the main risk to this read
09:47 UTC
Range after Asia V-recovery, momentum flat · RSI 50 · price 60.453
London holding inside the Asian range; lower highs under 60.72, lows at 60.33–60.40.
Silver dipped to 59.555 in early Asia on hawkish Fed and oil-driven inflation fears, then fully recovered to the 60.721 Asian high as the USD eased off 18-month highs. London has stayed inside that range. The 60.681 London high was rejected back to 60.401, and price is now parked at the 23.6% fib near 60.45 with RSI(14) neutral at 50.
Support: 60.401, 60.329, 60.00
Resistance: 60.681, 60.721, 61.00
What it said to watch
A close below the 60.40 london low and the 60.33 swing low exposes the 38.2% fib near 60.28 and the 60.00 psych pivot
A close above the 60.68 london high and the 60.72 asian high breaks the lower-high trendline and puts the 61.00 round number in play
ADP 4-week average at 12:15 UTC into the NY open could break the London range; Wednesday's CPI remains the larger catalyst
Asian low 59.555 to high 60.721 rally, now 60.33–60.68 range with a lower high.
Silver rebounded from the 59.555 Asian low as the USD eased off 18-month highs. The rally stalled under the 60.72 Asian high, and London has held a 60.33–60.68 range, with a rejection at the London high printing a lower high. Price sits at the 23.6% fib of the rally, just above the 60.40 swing low. RSI(14) is neutral near 46, and price is below EMA20 but above EMA50.
Support: 60.40, 60.33, 60.00
Resistance: 60.68, 60.72, 61.00
What it said to watch
M15 close below the 60.40 swing low exposes the 60.33 range floor and the 38.2% fib near 60.28
Loss of the 60.33 range floor reopens the 60.00 psych pivot
Close above the 60.68 London high and 60.72 Asian high breaks the lower-high sequence, with the 61.00 cap next
US ADP 4-week average at 12:15 UTC; Wed CPI at 12:30 UTC is the bigger risk to the $59–61 range
09:17 UTC
Recovered from Asia low, now compressing · RSI 46 · price 60.476
Lower highs vs higher lows, narrowing consolidation below 60.72.
Asia session swept below the 60.00 pivot to 59.555, then recovered in a V-shape as the USD eased off its 18-month high. The rally stalled at the 60.72 session high. London printed a lower high at the 60.68 london high, and the london low at 60.40 sits above the 60.33 swing low, so price is coiling in a narrowing consolidation with RSI(14) near 46.
Support: 60.40, 60.33, 60.00
Resistance: 60.68, 60.72
What it said to watch
M15 close above the 60.72 session high breaks the lower-highs line and reopens the 61.00 cap
Failure to hold the 60.33 swing low breaks the higher-lows line and exposes the 60.00 pivot, below the 38.2% retrace of the Asia rally
ADP 4-week average at 12:15 UTC could jolt the USD during the first hour of NY; US CPI Wed 12:30 UTC is the larger risk
09:05 UTC
Recovered from Asia low, now ranging with lower highs · RSI 49 · price 60.452
London range 60.35–60.68 inside the upper half of the Asian swing.
Asia broke below 60.00 to 59.555 before a sharp recovery to the 60.721 asia high as the USD eased off its 18-month high. London has held a 60.35–60.68 range, with a rejection at the 60.68 london high leaving lower highs. Price is back on the 60.40 swing low, below EMA20, with RSI(14) neutral near 49 and the 23.6% level of the Asia rally fib around 60.45.
Support: 60.401, 60.345, 60.00
Resistance: 60.681, 60.721, 60.763
What it said to watch
M15 close below the 60.345 range floor opens the 38.2% retrace of the Asia rally fib near 60.28, with 60.00 psych below
Close above the 60.72 asia high breaks the lower highs line and exposes the 60.76 prior high
ADP 4-week average at 12:15 UTC could shift the range around the NY open; Wednesday's CPI is the larger risk
08:47 UTC
Asia rebound stalling, range-bound in London · RSI 47 · price 60.497
London compressing inside the Asian range: lower high at 60.68, higher lows off 60.33.
Asia flushed to 59.555 as oil and Hammack's hawkish comments lifted hike bets. It then rebounded to the 60.72 Asian high as the USD eased off its 18-month peak and sat holding above the 38.2% fib of that rebound. London has stayed inside 60.33–60.72: the 60.68 lower high was rejected back to the 60.47 micro floor, with RSI(14) near 47 and price just under EMA20.
Support: 60.47, 60.33, 60.00
Resistance: 60.68, 60.72, 60.86
What it said to watch
M15 close below the 60.33 london low breaks the higher-low sequence and exposes the 60.00 round number
Close above the 60.72 asian high clears the lower-high trendline and brings Monday's 60.86 prior high into play
ADP 4-week average at 12:15 UTC could jolt the range; US CPI on Wed 12:30 UTC is the main catalyst behind the compression
08:33 UTC
Recovering from Asia low, stalling below Asian high · RSI 54 · price 60.612
Higher lows under 60.72 cap, compressing mid-London.
Asia flushed to 59.555, then recovered sharply to the 60.721 Asian high as the USD eased off its 18-month peak. London has held a 60.33 swing low and printed a 60.48 higher low, with price compressing under the Asian high and RSI(14) neutral near 54.
Support: 60.48, 60.33, 60.00
Resistance: 60.721, 60.962
What it said to watch
M15 close above the 60.721 Asian high opens the path to the 60.962 prior high and the 61.00 cap
Failure to hold the 60.48 higher low puts the 60.33 swing low back in play
Loss of 60.33 exposes the 60.00 round number and the 38.2% retrace of the Asia rally near 60.28
US ADP 4-week average at 12:15 UTC, during NY hours, could break the compression; Wednesday's CPI is the larger event risk
08:17 UTC
V-shaped Asian recovery, now flat and compressing · RSI 53 · price 60.542
Post-rebound range 60.33–60.72, lower highs under the Asian high.
Asia flushed to the 59.555 asian low as oil and Hammack's hawkish comments lifted hike bets, then reversed to the 60.721 asian high as the USD retreated. The pullback held the 60.33 london low zone, above the 38.2% fib. London is compressing between 60.35 and the 60.67 london high, with highs capped below the asian high and RSI(14) neutral near 53.
Support: 60.33, 60.00, 59.555
Resistance: 60.67, 60.721, 60.993
What it said to watch
M15 close above the 60.721 asian high opens the 60.993 prior high and the 61.00 cap
Break of the 60.33 london low and the rising support exposes the 60.00 psych pivot
Loss of 60.00 psych reopens the 59.555 asian low
ADP 4-week average at 12:15 UTC is a minor risk; Wed US CPI is the main risk to this range
08:04 UTC
Intraday recovery, stalling below Asia high · RSI 55 · price 60.58
Higher low at 60.33, capped under 60.72.
Silver dropped to an Asia low of 59.555, then rallied to 60.721 as the USD eased off its 18-month high. Rejection at the Asia high led to a pullback that held a higher low at 60.33, just above the 38.2% level of the Asia rally fib. Early London is rotating mid-range around 60.50–60.67 with rising support intact.
Support: 60.33, 60.00, 59.555
Resistance: 60.721, 60.993
What it said to watch
M15 close above the 60.72 Asia high opens 60.99, the prior high, and the 61.00 cap
Break of the 60.33 higher low and rising support exposes the 60.00 round number
Loss of 60.00 would put the 59.555 Asia low back in play
ADP at 12:15 UTC and Wednesday's US CPI could materially shift this read
07:34 UTC
Recovering from Asia flush, stalling below session high · RSI 54 · price 60.525
Higher lows off 59.555, capped under 60.72 Asian high.
Asia sold through the $60 psych level to 59.555 before reversing hard to a 60.721 Asian high, as USD and yields eased off their highs. Early London has pulled back to a 60.33 swing low and is holding inside the Asian range, with the rising support from the post-flush higher lows intact.
Support: 60.329, 59.555
Resistance: 60.721, 60.993
What it said to watch
Fed's Waller at 07:45 UTC could break the Asian range either way
M15 close below the 60.33 swing low breaks the rising support and reopens the $60 psych level
Acceptance above the 60.72 Asian high exposes Monday's 60.99 prior high
Loss of the 59.555 Asian low would cancel the false-break read
US CPI Wed 12:30 UTC is the main volatility risk for this structure
07:17 UTC
Intraday recovery, pausing below the Asian high · RSI 52 · price 60.509
V-shaped Asian reversal from 59.555, now lower highs vs a 60.33 swing low.
Asia broke the 60.00 psych down to the 59.555 asian low, then reclaimed it as yields slipped. The Asian recovery capped at the 60.721 asian high. Early London is printing lower highs at 60.72 and 60.57 against a 60.33 swing low that sits between the 23.6% and 38.2% retracements, with price just above ema20 near 60.43.
Support: 60.329, 60.00, 59.555
Resistance: 60.566, 60.721, 60.993
What it said to watch
M15 close below the 60.33 swing low breaks the higher-low sequence and reopens the 60.00 psych
Clearance of the 60.57 lower high and the 60.72 asian high exposes Monday's prior high at 60.99
Loss of 60.00 psych puts the 59.555 asian low back in play
Fed's Waller at 07:45 UTC and the ADP 4-wk average at 12:15 UTC could materially shift this read
07:04 UTC
Recovering from Asia low, stalling below Asian high · RSI 56 · price 60.523
V-shaped rebound from 59.555 sweep, lower highs since 60.721.
Asia session broke under yesterday's 60.12 low and the $60 psych level to an asian low at 59.555 as oil and yield risk revived, then reclaimed it in a full Asian rebound to the 60.721 asian high. Rejection there left lower highs, but the 06:30 UTC pullback held the 60.329 swing low near the 38.2% retrace, and London open has price at 60.52 mid-range.
Support: 60.329, 59.555
Resistance: 60.721, 60.993
What it said to watch
M15 close above the 60.721 asian high reopens the 60.993 prior high
Loss of the 60.329 swing low and the rebound trendline turns focus back to $60 psych
Fed's Waller at 07:45 UTC could jolt yields and USD inside the London open
Break back below the 59.555 asian low negates the Asian rebound
US CPI Wed 12:30 UTC is the larger swing factor for silver this week
06:34 UTC
V-recovery stalling, pulling back · RSI 49 · price 60.35
Asia sweep of $60 reclaimed, lower high under 60.72.
Asia session swept below the $60 psych level to an asia low of 59.555, then retraced the move to an asia high of 60.721, where it met rejection. A lower high at 60.65 and the 06:15 UTC drop leave price at 60.35, pulling back toward the fib 38.2 at 60.28 ahead of London open, with oil, yields and a firm USD still weighing.
Support: 60.28, 59.555
Resistance: 60.65, 60.721, 61.037
What it said to watch
Fed's Waller at 07:45 UTC could set the London-session direction
Failure to hold the fib 38.2 at 60.28 opens a retest of $60 psych; a loss there exposes the asia low at 59.555
A close above the 60.65 lower high and the 60.721 asia high would put yesterday's prior high at 61.037 back in view
ADP 4-week average at 12:15 UTC may add volatility during NY hours, ahead of Wednesday's CPI
06:17 UTC
Intraday recovery, momentum stalling below the Asian high · RSI 63 · price 60.552
HH/HL chain off the 59.555 Asian low, compressing under 60.72.
Asia swept below $60 psych to 59.555 and recovered all of it as USD took profits under 102.50, building higher lows back up to 60.72. The 05:30 UTC bar printed a rejection wick at that Asian high, and price is holding the 60.49 swing low in pre-London trade, with RSI(14) near 63.
Support: 60.49, 59.555
Resistance: 60.721, 61.037
What it said to watch
M15 close above the 60.721 Asian high opens the path to the 61.037 prior-day high
Failure to hold the 60.49 swing low exposes the 38.2–50% fib zone at 60.28–60.14 and the $60 psych
A break back below $60 psych toward the 59.555 Asian low would negate the false-break read
Fed's Waller at 07:45 UTC and ADP at 12:15 UTC could materially shift this read
06:04 UTC
Intraday uptrend off the Asian low, momentum flattening · RSI 66 · price 60.631
V-shaped recovery from 59.555; higher-low chain below the 60.721 session high.
Early Asian session selling, as Middle East headlines revived oil and yield pressure, broke the $60 psych level to a 59.555 session low, but the break failed and price recovered in a higher-low chain along a rising trendline. Price is holding just under the 60.721 session high ahead of London open, with a 60.492 swing low beneath.
Support: 60.492, 60.00, 59.555
Resistance: 60.721, 61.037
What it said to watch
M15 close above the 60.721 session high opens the path to the 61.037 prior high
Close below the rising trendline and 60.492 swing low breaks the higher-low sequence and exposes 60.00 psych, also the 61.8% fib
Fed's Waller at 07:45 UTC could materially shift this read; US CPI Wed 12:30 UTC is the larger risk
Loss of 60.00 psych puts the 59.555 session low back in play
05:47 UTC
Intraday recovery, stalling at session high · RSI 63 · price 60.537
False break below 60.00 then HH/HL chain; rejection at 60.72.
Asia session broke below the 60.00 psych to a 59.555 asia low on the firm USD, then reversed into a HH/HL chain that retraced the full drop. The latest bar was rejected at the 60.721 session high, just under Monday's 60.74 swing, leaving the 60.46 higher low as the nearest shelf into London open.
Support: 60.46, 60.00, 59.555
Resistance: 60.721, 61.037
What it said to watch
M15 close above the 60.721 session high reopens the 61.037 prior high
Close below the 60.46 higher low breaks the HH/HL chain; the 61.8% fib sits at the 60.00 psych
Return below the 59.555 asia low would negate the false break
Fed's Waller at 07:45 UTC and Wed US CPI could materially shift this read
05:33 UTC
Intraday uptrend off Asia low, RSI hot · RSI 74 · price 60.661
HH/HL chain from 59.56 session low, pressing 60.74 range top.
Asia's break below the $60 psych level ran to a 59.56 session low before reversing into a steady HH/HL recovery as DXY eased on profit-taking. Price now sits at the session high near 60.72, testing Monday's 60.74 range top, which lines up with the 78.6% decline retrace. RSI(14) is near 74.
Support: 60.46, 60.00
Resistance: 60.74, 61.00
What it said to watch
M15 close above the 60.74 range top opens the 61.00 round number
Loss of the 60.46 higher low breaks the HH/HL chain and puts 60.00 psych back in focus
Fed's Waller at 07:45 UTC around London open could shift this read; Wed CPI at 12:30 UTC is the larger swing factor
05:17 UTC
Intraday uptrend off the Asia low, momentum easing · RSI 64 · price 60.605
V-recovery from a sub-$60 flush; HH/HL chain since 59.555.
Early Asia flushed through the $60 psych level to 59.555, alongside the Asian equity sell-off and a firm USD, then reversed into a steady higher-low chain. The bounce cleared the 60.37 breakout level and printed a 60.677 session high, just under Monday's 60.739 prior high, and price is now testing the rebound trendline near 60.60.
Support: 60.458, 60.37
Resistance: 60.677, 60.739
What it said to watch
M15 close below the 60.458 higher low breaks the HH/HL chain and the rebound trendline
Acceptance above the 60.739 prior high extends the recovery beyond Monday's London range
Loss of the 60.37 breakout level puts the 50% fib near 60.12 and the $60 psych pivot back in play
Fed's Waller at 07:45 UTC and ADP at 12:15 UTC could shift USD and yields before Wednesday's CPI
Asia session swept below the $60 psych level to a 59.555 Asian low before reversing about 1,000 pips. The move cleared Monday's NY range ceiling at the 60.46 breakout lvl, after a USD-led slide on oil-driven yields. Into the London open, price is stalling under the 60.579 session high with RSI(14) near 72 and bar ranges contracting.
Support: 60.46, 60.00, 59.555
Resistance: 60.579, 60.739, 61.089
What it said to watch
An M15 close back below the 60.46 breakout lvl returns price to Monday's NY range and stalls the higher-low chain
Acceptance above the 60.579 session high opens Monday's 60.739 London range top, with the 61.089 prior high beyond
A 38.2–50% fib pullback (60.19–60.07) holding keeps the rebound structure intact; losing the $60 psych reopens the 59.555 Asian low
Fed's Waller at 07:45 UTC could materially shift this read ahead of Wednesday's US CPI
V-shaped recovery from Asia low, HH/HL chain since 01:45 UTC.
The Asia session broke below the $60 psych level as the Asian equity sell-off kept USD bid, extending to a 59.555 session low. A V-shaped rebound then reclaimed $60 and Monday's 60.12 low, printing higher highs and higher lows into 60.578. Late in Asia, price is stalling just under that session high with RSI(14) near 60 and ATR(14) around 178 pips.
Support: 60.37, 60.00, 59.555
Resistance: 60.578, 60.739, 61.089
What it said to watch
M15 close above the 60.578 session high opens the 60.739 swing high, Monday's NY-session pivot, then the 61.089 prior-day high
Failure to hold 60.37, Monday's late prior high, shifts focus to the 60.19 38.2% retrace of the Asia rebound
A return below the 60.00 psych level puts the 59.555 session low back in play
Fed's Waller at 07:45 UTC and the London open could materially shift this read; US CPI Wed 12:30 UTC is the larger risk
04:32 UTC
Intraday recovery, stalling under session high · RSI 59 · price 60.468
V-shaped rebound from the Asia flush; higher-low chain back above the Asian range.
The Asia session flushed through the $60 psych level to a 59.555 session low as oil and yield pressure weighed on silver. It then rebuilt on a chain of higher lows and is back above the 60.37 asian range top. Upside is stalling under the 60.556 session high with RSI(14) near 59, and Monday's 60.74 swing high sits above.
Support: 60.37, 59.555
Resistance: 60.556, 60.739
What it said to watch
Close above the 60.556 session high opens the 60.74 swing high
Slip back below the 60.37 asian range top, and a break of the rising support, would undercut the recovery
A renewed loss of the $60 psych level brings the 59.555 session low back into play
Fed's Waller at 07:45 UTC, plus CPI positioning ahead of Wed, could materially shift this read
04:17 UTC
Intraday uptrend off session low, extended near session high · RSI 65 · price 60.502
V-recovery from the sub-$60 sweep; higher lows since 59.555, early-Asia high at 60.37 cleared.
Asia session swept the $60 psych level and Monday's lows to 59.555 as oil and USD pressure persisted, then reversed in a V. A higher-low chain cleared the 60.37 asia high and price is now testing the 60.516 session high with RSI(14) near 65, late in Asian hours ahead of London open.
Support: 60.37, 60.20
Resistance: 60.516, 60.74
What it said to watch
M15 close back below the 60.37 asia high, or a break of the rising trendline, turns the breakout into a false break
Hold above the 60.516 session high opens the 60.74 prior high from Monday London
Loss of the 60.20 swing low and the 38.2% fib of the rally (~60.15) puts $60 psych back in play
Fed's Waller at 07:45 UTC could materially shift this read via USD and yields
04:04 UTC
Window downtrend, sharp V-rebound in Asia · RSI 62 · price 60.49
False break below $60, higher lows since 59.555.
Asia swept below the $60 psych to a 59.555 asia low as the firm-dollar, high-yield backdrop extended Monday's slide, then reversed ~95 cents to a 60.504 session high, right at the 61.8% retracement of the window's drop from 61.135. Price is holding above the 60.37 prior high and both EMAs into the late-Asia, pre-London stretch, RSI(14) ~62 and not stretched.
Support: 60.37, 59.555
Resistance: 60.504, 60.739, 61.135
What it said to watch
M15 close above the 60.504 session high and 60.53 fib level opens the 60.739 swing high, then the 61.135 monday high
Loss of the 60.37 prior high and the rebound trendline would mark a lower high under the fib
Close back below the $60 psych re-exposes the 59.555 asia low
Fed's Waller at 07:45 UTC (London morning) and US CPI Wed 12:30 UTC could materially shift this read
Sweep below $60 reclaimed, higher-high/higher-low chain since 59.555.
The early-Asia selloff under the $60 psych level ran to 59.555 and was fully reclaimed, with the Asian high at 60.401 now testing the prior London low at 60.463. Each pullback since has held higher, last at 60.203, and the rising line from the Asian low sits beneath; the bounce is a reversal of the session drop, not of the 24h decline from 61.10, which the digest ties to firm yields and a bid USD.
Support: 60.203, 59.555
Resistance: 60.401, 60.463, 60.739
What it said to watch
A close back below the 60.203 higher low breaks the intraday chain and puts the $60 psych pivot back in play
Acceptance above the 60.401 Asian high and the 60.463 London low opens the NY range top near 60.74
Loss of the rising line from 59.555 would point to the move fading into the 50-61.8% fib zone near 59.88-59.98
Fed's Waller at 07:45 UTC, after London open, could materially shift this read; US CPI Wed 12:30 UTC is the larger event risk
03:33 UTC
Downtrend, Asia rebound testing session high · RSI 55 · price 60.30
False break below 60.00 reversed; higher lows since the 59.56 swing low.
Monday's grind from 61.19 to 60.12 extended early in the Asia session with a flush through psych 60 to a 59.56 swing low on oil-led yield and USD strength, before a sharp reclaim of $60. A higher low chain along the rebound trendline has price back at the 60.37 asian high, with Monday's london low at 60.47 above.
Support: 60.09, 60.00, 59.56
Resistance: 60.37, 60.47
What it said to watch
M15 close above the 60.37 asian high opens Monday's london low at 60.47
Break of the rebound trendline and the 60.09 higher low puts psych 60 back in play
Close back below psych 60 reopens the 59.56 swing low
Fed's Waller at 07:45 UTC could materially shift this read ahead of Wednesday's CPI
03:17 UTC
Downtrend, Asia rebound stalling · RSI 47 · price 60.171
Lower highs from 61.28; false break below 60.00 reclaimed, capped at 60.27.
Monday's lower-high, lower-low slide from 61.28 extended in Tuesday's Asia session. Revived oil-driven inflation fears pushed silver through the 60.00 psych handle to a 59.555 asia low at 01:45 UTC. The level was reclaimed within the hour, but the rebound is stalling at the 60.265 bounce high, near the 78.6% fib of the drop from the 60.37 asia high, with RSI(14) neutral around 47.
Support: 60.00, 59.555
Resistance: 60.265, 60.37
What it said to watch
M15 close back below the 60.00 psych handle reopens the 59.555 asia low
Clearance of the 60.265 bounce high and the 60.37 asia high would break the lower-high sequence
Fed's Waller at 07:45 UTC around London open, and ADP at 12:15 UTC, could shift this read ahead of Wednesday's 12:30 UTC CPI
03:04 UTC
Downtrend, bounce off Asia low · RSI 47 · price 60.208
Lower highs from Monday; false break below 60.00 reclaimed.
Monday's steady slide from 61.27 extended in the Asia session. Price broke the 60.12 Monday low and the 60.00 psych handle, swept to 59.555, then snapped back into the 60.20s. Price is now capped near the 60.265 bounce high, around the 78.6% of the Asian drop, under the 60.37 Asian high and just below EMA50. RSI(14) is neutral near 47, while oil-driven inflation fears and a firm USD keep silver heavy into Wednesday's CPI.
Support: 60.00, 59.555
Resistance: 60.265, 60.37
What it said to watch
M15 close above 60.37 asian high negates the lower-high sequence from Monday
Failure to hold the 60.00 psych handle puts the 59.555 sweep low back in play
Rejection at the 60.265 bounce high leaves the Asian drop structure intact
Fed's Waller at 07:45 UTC, early London, could shift this read
US CPI Wed 12:30 UTC is the dominant event risk for silver
02:47 UTC
Downtrend, rebounding off Asia low · RSI 44 · price 60.103
Lower highs intact; V-rebound from the 59.555 sweep, now coiling 60.00–60.24.
Mid-Asia session. Price swept below the 60.00 psych handle to the 59.555 Asia low after Monday's day-long grind of lower highs, with oil-driven inflation fears and firm yields weighing, then snapped back above 60.00. It is now coiling between 60.00 and the 60.241 rebound high, flat on EMA20 with RSI(14) near 44.
Support: 60.00, 59.555
Resistance: 60.241, 60.37
What it said to watch
M15 close back below 60.00 psych reopens the 59.555 asia low
Close above the 60.241 rebound high and 60.37 asia high would break the lower-highs line
Fed's Waller at 07:45 UTC, around London open, could shift this read ahead of Wednesday's CPI
Monday's sessions printed a clean lower-high chain from 61.28 to the 60.123 prior low. Today's Asia session lost that low and the 60.00 psych, sweeping to a 59.555 session low before rebounding to a 60.241 bounce high, about 84% of the 60.37 asian high to 59.555 leg. Price is now chopping just under the prior low and EMA20 with RSI(14) neutral at 46, while a firm USD on oil and hawkish Fed talk caps the tape below the descending trendline near 60.28.
Support: 60.00, 59.555
Resistance: 60.123, 60.241, 60.37
What it said to watch
M15 close back below 60.00 psych reopens the 59.555 session low
Acceptance above the 60.123 prior low, then the 60.241 bounce high and descending trendline near 60.28, breaks the lower-high chain; 60.37 asian high is next
Fed's Waller at 07:45 UTC could materially shift this read; US CPI Wed 12:30 UTC is the larger swing event
Lower highs since Monday Asia; Tuesday Asia swept below $60 and snapped back.
Monday's grind lower ran from 61.28 to 60.12 under a descending trendline as a firm USD and oil-driven yield pressure weighed. In the Asian session silver broke the $60 psych level and flushed to a 59.555 session low, then reclaimed 60.00 fast. RSI(14) is back near 45 and the bounce high at 60.206 is capping, just above the 61.8% fib of the 60.37–59.555 drop.
Support: 60.00, 59.555
Resistance: 60.206, 60.37
What it said to watch
Failure to hold psych 60.00 on a closing basis reopens the 59.555 session low
M15 close above the 60.206 bounce high and the 60.37 asia high breaks the descending trendline and the lower-high sequence
Fed's Waller at 07:45 UTC could materially shift this read; US CPI Wed 12:30 UTC is the larger risk
Lower highs from 60.37; Asia broke prior low and $60.
Asia session took out Monday's 60.12 prior low and the $60 psych level, sliding to a 59.555 session low as oil-driven USD strength and hawkish Fed talk weigh on silver. The latest bar reclaimed 60.00 with a long lower wick, but the lower-high sequence from the 60.37 session high is intact and price sits below both EMAs.
Support: 60.00, 59.555
Resistance: 60.123, 60.37
What it said to watch
Close back above the 60.12 prior low breaks the lower-high trendline and turns the Asia drop into a false break
Failure to hold the $60 psych level reopens the 59.555 session low
Fed's Waller at 07:45 UTC (London open) could materially shift this read
Rejection near the 61.8% fib (~60.06) keeps the downtrend sequence from the session high in play
01:47 UTC
Downtrend, extending lower in Asia · RSI 29 · price 59.661
Lower highs and lower lows, $60 psych broken.
Asia session extended the 24h downtrend. Price broke the $60 psych and the 60.12 prior-day low, with lower highs at the 60.37 session high, then 60.21 and 60.18 along a descending trendline. Price sits at the 59.66 session low with RSI(14) near 29, as a firm USD on oil and hawkish Fed talk weighs.
Support: 59.657, 59.50
Resistance: 60.00, 60.178, 60.37
What it said to watch
Recovery back above the 60.00 psych would turn the break into a false break
M15 close above the 60.18 lower high breaks the descending trendline and the lower-high sequence
Failure to hold the 59.66 session low exposes the 59.50 round number
Fed's Waller (Tue 07:45 UTC) and US CPI (Wed 12:30 UTC) could materially shift this read
01:32 UTC
Downtrend, extending in Asia · RSI 36 · price 59.826
Lower highs and lower lows; $60 handle broken.
Silver extended Monday's slide from 61.43 in the Asia session. It broke the $60 psych level and the prior NY lows near 60.12, printing a session low at 59.78 as USD strength on oil and hawkish Fed talk persists. A bounce high at 60.18 was rejected within a bar, keeping the lower highs chain from the 60.37 Asian high intact, with RSI(14) near 36 and not yet oversold.
Support: 59.781, 59.50
Resistance: 60.00, 60.178, 60.37
What it said to watch
An M15 close back above the 60.00 psych level would turn the break into a false break; that level sits at the 38.2% of the Asian drop fib.
Failure to hold the 59.78 session low exposes the 59.50 round number.
A reclaim of the 60.18 bounce high and then the 60.37 Asian high would break the lower highs sequence.
Fed's Waller (Tue 07:45 UTC) and US CPI (Wed 12:30 UTC) could materially shift this read.
Lower highs and lower lows since Monday; Asia false break below 60.00 reclaimed.
Lower highs and lows since Monday's 61.43 Asia peak, with silver pressured as oil and yields lifted the dollar. Early Tuesday Asia broke the 60.00 psych and the Monday low to a 59.82 session low before a sharp reclaim. Price now sits between the 50% and 61.8% fib of the 60.37–59.82 leg, below both EMAs.
Support: 60.12, 60.00, 59.821
Resistance: 60.37, 60.61
What it said to watch
M15 close back below the 60.00 psych revives the lower-low sequence toward the 59.82 session low
Failure to hold the 60.12 Monday low keeps the bounce contained inside the fib zone
Close above the 60.37 Asian high breaks the lower-highs trendline and opens the 60.61 prior swing
Fed's Waller at 07:45 UTC could materially shift this read ahead of Wednesday's CPI
LH/LL chain since Monday Asia; Tuesday Asian range broken below $60.
Silver has printed lower highs from Monday's 61.43 Asia peak through London and NY. Early Tuesday Asia it broke out of the 60.16–60.37 Asian range and lost the $60 psych level to a 59.867 session low, with a firm USD on oil and Hammack's hawkish comments as the backdrop. RSI(14) near 38 is not stretched, and the bounce is stalling just under 60.00.
Support: 59.867, 59.00
Resistance: 60.00, 60.212, 60.37
What it said to watch
M15 close back above 60.00 psych would turn the break into a false break
Recovery through the 60.212 lower high (61.8% fib of the 60.37–59.867 drop) and the 60.37 asian high breaks the lower-highs line
Failure to hold the 59.867 session low extends the lower-low chain toward the 59.00 psych level
Fed's Waller Tue 07:45 UTC and Wed CPI 12:30 UTC could materially shift this read
Lower-high/lower-low chain; Asia session pressing 60.00 after breaking Monday's low.
Monday's steady slide from 61.435 carried into Tuesday's Asia session. The 00:00 UTC bar broke Monday's 60.123 prior low and tagged the 60.00 psych level, and the rebound stalled at the 60.212 bounce high with price back on the low. The falling trendline off 60.993 still caps each rally, while a firm USD on oil and hawkish Fed talk sits behind the move.
Support: 60.00
Resistance: 60.123, 60.212, 60.37
What it said to watch
Sustained trade below the 60.00 psych extends the lower-low sequence
Reclaiming the 60.123 prior low and 60.212 bounce high would signal the break lower failed
A move through the falling trendline and the 60.37 asia high breaks the lower-high chain
Fed's Waller at Tue 07:45 UTC could materially shift this read; US CPI Wed 12:30 UTC is the larger risk
Lower-high chain from 61.435; psych 60 swept and reclaimed.
Silver has printed a steady lower-high chain from Monday's 61.435 Asia high as the USD firmed on oil and hawkish Fed talk. The first bar of the Asia session swept psych 60 to 59.998 and was bought back. Price now sits just above the 60.123 prior low and below EMA20, with RSI(14) near 43.
Support: 60.123
Resistance: 60.212, 60.37, 60.547
What it said to watch
A close back below psych 60 turns the sweep into a fresh lower low
Failure to hold the 60.123 prior low puts the 59.998 sweep low back in play
A close above the 60.212 bounce high and the 60.370 lower high breaks the descending lower-high line
The fib 38.2 retracement at 60.547 caps any extended recovery
Fed's Waller at Tue 07:45 UTC could shift this read; US CPI on Wed is the larger risk
Lower highs and lower lows since Monday's Asia peak; 59.998 sweep reclaimed.
Silver printed lower highs from Monday's 61.44 Asia peak as oil-driven yield and USD strength weighed. Early Tuesday Asia swept the 60.12 ny low and the $60 psych to 59.998, then snapped back to 60.16 with RSI(14) in the mid-40s. The descending trendline and the 60.37 asia high cap the bounce.
Support: 60.123
Resistance: 60.37, 60.61
What it said to watch
A close back below the 60.12 ny low and $60 psych means the sweep failed and the lower-low sequence resumes
A break of the descending trendline and the 60.37 asia high ends the lower-high chain, with the 60.61 lower high next
Waller (Tue 07:45 UTC, London morning) and CPI on Wed 12:30 UTC could materially shift this read
Lower highs from 61.435 Asia high; tight 60.12–60.37 consolidation since late NY.
Monday's decline from the 61.435 Asia high ran through London and NY on a firm USD and oil-driven yield pressure. It bottomed at the 60.123 range low late in NY, and early Asia is now chopping inside a 60.12–60.37 band just above the $60 psych level. RSI(14) sits near 45 and price is under both EMAs; the swing high at 60.512 is the nearest lower high above the range top.
Support: 60.123, 60.00
Resistance: 60.37, 60.512
What it said to watch
M15 close below the 60.123 range low exposes the 60.000 psych pivot
Acceptance above the 60.370 range top shifts focus to the 60.512 swing high, inside the 23.6–38.2% zone of the decline fib
Fed's Waller (Tue 07:45 UTC) could materially shift this read ahead of Wed 12:30 UTC US CPI