XAG/USD AI Live Scan, 1-hour chart, Monday, 15 June 2026

Every read JAFX AI made on the XAG/USD 1-hour chart that day, newest first: trend, structure, the levels it marked and what it said to watch.

23:02 UTC

Uptrend, momentum slowing · RSI 41 · price 69.932

Weekend gap up, pulling back from week high.

Silver gapped up over the weekend to reclaim $70 as the US-Iran deal and oil crash unwound the haven premium, then ran to a 71.30 week high before fading. RSI has rolled over toward 40 with price slipping back under EMA(20) and pressing the 69.80 session low; the 70.00 round level now caps as the immediate pivot. EMA(50) still sits below, holding the broader up-leg from the gap intact.

Support: 69.80, 69.38

Resistance: 70.00, 70.79, 71.30

What it said to watch

  • Close below 69.38 gap-up low would break the post-gap structure
  • Reclaim of 70.79 prior high reopens the path to the 71.30 week high
  • FOMC dots Wed 18:00 UTC plus Retail Sales 12:30 UTC could materially shift this read

23:02 UTC

Uptrend, pullback underway · RSI 43 · price 69.932

Post-gap rally fading below week high.

Silver gapped higher into the new week and reclaimed the $70 figure, extending to a 71.31 high during NY before fading back to the round number on the US-Iran peace-deal relief move. Price has slipped below EMA20 with RSI rolling off the mid-40s as the rally consolidates, while a string of lower highs caps the top of the post-gap range. The 68.04 pre-gap close marks the open gap below.

Support: 69.80, 69.43, 68.04

Resistance: 70.71, 71.31

What it said to watch

  • H1 close below 69.80 swing low exposes the 69.43 gap open
  • reclaim of 70.71 supply needed to retest the 71.31 week high
  • FOMC dots Wed 18:00 UTC could materially shift this read

22:02 UTC

Uptrend, momentum stalling · RSI 44 · price 69.964

Post-gap consolidation under week high.

Silver gapped up at Monday's open from Friday's ~68.04 close — the V-shape recovery off the $61.50 low as the US-Iran deal and Hormuz reopening unwound haven demand — and extended to a 71.31 week high before stalling. Price has since coiled in a 69.90–70.80 range and is now slipping below EMA(20) with RSI rolling off into the mid-40s. The 69.90 range low is being tested into the FOMC week.

Support: 69.90, 69.43, 69.00

Resistance: 70.80, 71.31

What it said to watch

  • H1 close below 69.90 range low exposes the 69.43 weekly open and 69.00 round number
  • Reclaim of 70.80 intraday high reopens the path to the 71.31 week high
  • FOMC decision + dot plot Wed 18:00 UTC is the swing factor for this read

22:02 UTC

Uptrend, momentum stalling · RSI 43 · price 69.964

Weekend gap up, lower highs into pullback.

Silver gapped higher into Monday's open near 69.43 and rallied through the NY session to a 71.31 week high as the US-Iran deal and Hormuz reopening unwound haven demand. Price has since drifted back below the 70.00 round number with RSI cooling into the low 40s and EMA20 now capping; the week open at 69.43 is the next reference below. FOMC dots Wednesday are the dominant swing factor into the next sessions.

Support: 69.43, 69.16

Resistance: 70.00, 70.84, 71.31

What it said to watch

  • Loss of 69.43 week open opens the path back toward 69.16
  • Reclaim of 70.00 and 70.84 would reassert the upside drive
  • FOMC decision + dot plot Wed 18:00 UTC could materially shift this read

21:05 UTC

Uptrend, momentum cooling near highs · RSI 44 · price 69.964

Consolidation under week high after V-shaped recovery.

Silver staged a sharp V-shaped recovery off the $61.49 low and gapped higher into this week's open, reclaiming $70 as the US-Iran ceasefire and Hormuz reopening reshaped the macro backdrop. Price has since consolidated in a 69.90–71.31 band, with the 71.31 week high capping and RSI(14) cooling as the latest pullback slips back under EMA20 toward the 70.00 round number. Buyers are stepping in around the 69.38 swing low so far.

Support: 69.38, 69.16

Resistance: 70.00, 70.84, 71.31

What it said to watch

  • H1 close below 69.16 ema9 zone would break the consolidation lower
  • Reclaim and close above 70.84 reopens the 71.31 week high
  • FOMC decision + dot plot Wed 18:00 UTC is the dominant catalyst and could materially shift this read

21:05 UTC

Uptrend, momentum slowing · RSI 47 · price 69.964

Higher highs into 71.30, now pulling back below EMA20.

Silver staged a V-shaped recovery off the 61.49 low mid-week and gapped higher into the new week on the US-Iran ceasefire and Hormuz reopening, peaking at 71.30. Price has since faded back to 69.96, slipping under EMA20 as RSI cools toward 46 and the 70.84 session high caps. The 9d EMA near 69.16 is the first structural floor on this leg.

Support: 69.90, 69.16, 68.04

Resistance: 70.84, 71.30

What it said to watch

  • FOMC decision + dot plot Wed 18:00 UTC is the dominant swing factor for this read
  • Failure to hold 69.16 opens the path back toward the 68.04 gap
  • H1 close back above 70.84 reasserts the upside push toward 71.30

20:03 UTC

Uptrend, pullback after gap rally · RSI 53 · price 70.206

Higher highs into 71.31, cooling toward 70.00.

Silver gapped higher into the new week and reclaimed $70 as the US-Iran ceasefire and Hormuz reopening drained the safe-haven bid, extending a sharp V-shaped recovery off the $61.50 area. Price tagged a week high at 71.31 before drifting back to the 70.00 round number, with RSI(14) cooling toward neutral and price slipping just under EMA20. The 69.43 gap base and 9-ema near 69.16 mark the lower edge of this week's advance.

Support: 70.00, 69.43, 69.16

Resistance: 71.31

What it said to watch

  • FOMC decision + dot plot Wed 18:00 UTC could materially reset this read
  • Hold above 70.00 keeps the post-gap structure intact
  • Close back below 69.43 gap base reopens 67.25 area
  • Close above 71.31 week high extends the recovery

20:02 UTC

Uptrend, momentum slowing · RSI 49 · price 70.206

Post-gap range, lower highs forming.

Silver staged a sharp V-recovery off the 61.49 low, and a weekend gap from 68.04 to 69.43 extended the move to a 71.31 week high — driven by the US-Iran ceasefire and Hormuz reopening unwinding the haven/oil premium. Since the peak, price has carved lower highs and drifted back to the 70.00 handle, slipping just under EMA20 with RSI cooling toward neutral. The 69.90 range floor and 70.00 psych level are the area to watch into the FOMC.

Support: 70.00, 69.90, 69.16

Resistance: 70.84, 71.31

What it said to watch

  • Loss of 69.90 range floor opens the path back to the 69.16 9-day ema
  • Reclaim of 70.84 swing high reasserts the recovery toward the 71.31 week high
  • FOMC decision + dot plot Wed 18:00 UTC is the dominant catalyst and could reset this read

19:02 UTC

Uptrend, momentum cooling · RSI 46 · price 70.206

Weekend gap up, pullback from week high.

Silver gapped higher into this week's open near 69.43 from Friday's 68.04, then extended to a 71.31 week high on the US-Iran ceasefire and Hormuz-reopening haven unwind. Price has since faded into the 70.00 area, slipping back below EMA20 with RSI cooling toward 46, though it holds well above EMA50. The pullback is sitting around the 50-61.8% retrace of the post-gap impulse.

Support: 70.00, 69.43, 69.16

Resistance: 70.79, 71.31

What it said to watch

  • Hourly close below 70.00, then the 69.43 weekly open, opens the path to 69.16
  • Reclaim of 70.79 reopens the 71.31 week high
  • FOMC decision and dot plot Wed 18:00 UTC is the dominant catalyst and could reset this read

19:02 UTC

Uptrend, momentum slowing · RSI 47 · price 70.206

V-recovery off lows, pulling back from week high.

Silver staged a sharp V-recovery off the 61.49 low and gapped higher into the new week after the US-Iran ceasefire and Hormuz reopening drained haven demand. The rally stalled at 71.31, with the last few bars rejecting back below EMA(20) toward 70.20 and RSI(14) cooling off into the mid-40s. Price now sits between the 70.84 prior high and the 70.00 psych level / 69.92 swing low.

Support: 70.00, 69.92

Resistance: 70.84, 71.31

What it said to watch

  • FOMC dots Wed 18:00 UTC is the swing factor and could materially shift this read
  • Loss of 69.92 swing low confirms a lower-low and breaks the recovery sequence
  • H1 close back above 70.84 reopens the path to the 71.31 week high

18:02 UTC

Uptrend, momentum cooling · RSI 50 · price 70.018

Higher highs after weekend gap, now pulling back.

Silver gapped higher into this week's open (weekend gap from 68.04 to 69.43) as the US-Iran ceasefire and Hormuz reopening drained the haven/oil premium. The rally extended through the NY session to a week high at 71.31 before fading back to the 70.00 round handle, where price is now testing EMA20 with RSI(14) cooling toward 50. Session low at 69.96 marks the first floor of the pullback.

Support: 70.00, 69.96, 68.04

Resistance: 71.31

What it said to watch

  • FOMC decision and dot plot Wed 18:00 UTC could materially shift this read
  • An H1 close below 70.00 exposes the 68.04 gap base
  • Reclaim of 71.31 reopens the upside extension

18:02 UTC

Uptrend, momentum slowing on pullback · RSI 47 · price 70.018

Weekend gap higher, consolidating below week high.

Silver gapped sharply higher into Monday's open (69.43 vs Friday's 68.04 close) as the US-Iran ceasefire and Hormuz reopening unwound haven demand, rallying to a week high at 71.31. Price has since stalled and is pulling back toward the 70.00 psych level, slipping under EMA20 with RSI cooling to the mid-40s. The two-attempt rejection at 71.31 has capped the move and shifted intraday tone to consolidation.

Support: 70.00, 69.38, 68.04

Resistance: 71.31

What it said to watch

  • Hourly close below 70.00 exposes the 69.38 gap low
  • Reclaim above 71.31 resumes the up-leg toward higher ground
  • FOMC decision + dot plot Wed 18:00 UTC could materially shift this read

17:03 UTC

Uptrend, momentum cooling · RSI 54 · price 70.186

V-shaped recovery, consolidating below week high.

Silver gapped higher into this week's reopen and ran a sharp V-shaped recovery off the 61.49 low as the US-Iran ceasefire and Hormuz reopening drained haven and inflation premium. Price tagged 71.2 before fading into NY hours, with RSI(14) cooling back toward neutral as the move stalled just under the week high. The gap base at 69.43 and the 70.00 round number frame the near-term floor.

Support: 70.00, 69.43

Resistance: 71.20

What it said to watch

  • FOMC decision + dots Wed 18:00 UTC is the swing factor for this read
  • Close above 71.20 opens the path toward 74.55
  • Loss of the 69.43 gap base would confirm a lower-high and threaten 67.25

17:03 UTC

Uptrend, momentum cooling · RSI 45 · price 70.186

Higher highs this week, pulling back from week high.

Silver staged a V-shaped recovery, gapping higher into this week's open near 69.43 after the US-Iran ceasefire and Hormuz reopening drained haven demand and reclaimed the $70 handle. The run topped at 71.31 before pulling back below the H1 EMA(20) into the NY session, with RSI(14) cooling toward the mid-40s while price holds above the EMA(50). The $70 round level is the near-term pivot for the recovery.

Support: 70.00, 69.43

Resistance: 71.31

What it said to watch

  • FOMC decision + dots Wed 18:00 UTC is the swing factor for this read
  • H1 close below 70.00 exposes the 69.43 week open
  • Close back above 71.31 resumes the recovery leg
  • Failure to hold 69.43 breaks the week's higher-low sequence

16:02 UTC

Uptrend, momentum slowing near highs · RSI 59 · price 70.63

Higher highs and higher lows, consolidating below week high.

Silver gapped higher into the new week and has printed a third straight up day, snapping back toward $71.30 after the US-Iran peace deal and Hormuz reopening drained the geopolitical premium that earlier crushed it to $61.50. Price holds above EMA20 with the week high at 71.31 capping the last two attempts, and price now consolidating above the 70.00 round number and the 69.43 weekly open. RSI(14) has cooled from overbought as the rally stalls into the range top.

Support: 70.00, 69.43

Resistance: 71.31

What it said to watch

  • Hourly close above 71.31 week high opens the path toward the higher daily resistance band
  • Failure to hold the 70.00 round number / 69.43 weekly open would break the higher-low sequence
  • FOMC dot plot Wed Jun 17 18:00 UTC is the dominant catalyst and could materially shift this read

16:02 UTC

Uptrend, momentum slowing near highs · RSI 56 · price 70.63

Higher highs into consolidation below week high.

Silver gapped higher into Monday's session open and extended through the 70.84 area before stalling under the 71.31 week high, a third straight up day. The rebound tracked the US-Iran peace deal that drained haven premium from oil but lifted industrial metals, with price holding above the EMAs and RSI cycling mid-range. Now consolidating in a tight band around 70.60 after the impulse off the 61.49 low.

Support: 70.00, 69.43

Resistance: 70.84, 71.31

What it said to watch

  • FOMC dot plot Wed 18:00 UTC is the dominant catalyst and could materially shift this read
  • H1 close above 71.31 extends the rebound toward the 50d EMA region
  • Loss of 70.00 round number opens a deeper pullback toward the monday open at 69.43

15:02 UTC

Uptrend, momentum cooling · RSI 61 · price 70.73

Higher highs into the week, now consolidating below week high.

Silver gapped sharply higher into this week's open after the US-Iran peace deal and Hormuz reopening, extending a recovery off the 61.49 swing low to a third straight up day. Price holds well above EMA20 and EMA50 but is now consolidating in the 70.6-71.3 band, capped twice below the week high at 71.31 with RSI cooling off the highs. The 70.0 round number and 69.43 gap open mark the nearest demand below.

Support: 70.00, 69.43

Resistance: 71.31

What it said to watch

  • FOMC dots Wed 18:00 UTC is the dominant catalyst and can materially shift this read
  • H1 close above 71.31 week high extends the rebound toward the 50d EMA region
  • Loss of 70.0 round number opens a pullback toward the 69.43 gap open

15:02 UTC

Uptrend, momentum cooling near highs · RSI 58 · price 70.73

Higher highs and higher lows since gap up.

Silver gapped higher into Monday's open after the US-Iran peace deal and Hormuz reopening fuelled a third straight up day, and has held above EMA20 and EMA50 since. Price stalled at 71.31 this week with two attempts capped there, while the 70.00 round number marks the nearest pivot below. RSI(14) cycling near 55-60 on pullbacks, leaving the rebound intact but slowing.

Support: 70.00, 69.38

Resistance: 71.31

What it said to watch

  • H1 close above 71.31 extends the rebound toward the 50d EMA cap higher up
  • Loss of 70.00 then the 69.38 week low stalls the recovery
  • FOMC dots Wed 18:00 UTC could materially shift this read

14:02 UTC

Uptrend, momentum extended · RSI 67 · price 70.988

Higher highs and higher lows since week's open.

Silver gapped higher into this week's open after the US-Iran peace deal and has held a steady uptrend, posting a third straight up session and stacking higher lows toward the 71.31 session high. Price sits just under the 71.00 round number with RSI(14) elevated near 67; pullbacks have stayed shallow and held above the rising trendline. The earlier collapse to 61.50 has been fully retraced.

Support: 70.20

Resistance: 71.00, 71.31

What it said to watch

  • H1 close below 70.20 intraday low breaks the rising sequence of higher lows
  • Failure at 71.31 session high caps the rebound
  • FOMC projections Wed 18:00 UTC could materially shift this read

14:02 UTC

Uptrend, extended · RSI 68 · price 70.988

Higher highs/lows since weekend gap.

Silver gapped higher into this week's open near 69.38 and has carried three straight up days, holding above EMA(20) on every pullback after the snap-back from the 61.50 crash on the US-Iran peace deal. RSI(14) is pushing into the high-60s and price is now stalling just under the 71.31 week high. The 200d SMA at 67.25 reclaimed earlier defines the recovery base; upside extension still sits well below the 50d EMA cap.

Support: 69.38, 67.25

Resistance: 71.31, 72.00

What it said to watch

  • H1 close above 71.31 week high opens the path toward 72.0 psych
  • Loss of 69.38 weekly open negates the rebound structure
  • FOMC dots Wed 18:00 UTC could materially shift this read

13:03 UTC

Uptrend, momentum slowing · RSI 63 · price 70.981

Consolidating below week high after gap-up recovery.

Silver gapped higher into the new week and has run a third up-day, recovering the entire slide to the $61.50 area after confirmation of the US-Iran deal and Hormuz reopening drained the haven bid. Price is now consolidating in a tight 70.20–71.20 band, holding well above both EMAs with RSI(14) cycling in the low-60s. The $71.20 week high has capped the latest push.

Support: 70.20, 69.16

Resistance: 71.20, 74.55

What it said to watch

  • Hourly close above 71.20 extends the recovery toward the 74.55 50d ema cap
  • Loss of 70.20 prior low opens a slide back to the 69.16 9-day ema
  • FOMC projections Wed 18:00 GMT (hike risk) could materially shift this read

13:03 UTC

Uptrend, grinding higher · RSI 65 · price 70.981

Post-gap recovery, holding near week high.

Silver gapped sharply higher into this week's session and has graded steadily up to the 71.20 area, completing a round-trip from the 61.50 YTD-zone low after the US-Iran de-escalation crushed haven demand and sank oil. Price holds above EMA20 with RSI in the mid-60s; the 71.20 week high has capped the latest push while pullbacks have been shallow, finding the 70.20 swing low.

Support: 70.20

Resistance: 71.20, 74.55

What it said to watch

  • Hourly close above 71.20 week high opens the path toward the 74.55 50d ema cap
  • Failure to hold 70.20 swing low would mark the first lower-low of the recovery
  • FOMC projections Wed 18:00 GMT could materially shift this read

12:02 UTC

Uptrend, consolidating near highs · RSI 63 · price 70.777

Recovery rally, sideways sub-71.

Silver gapped higher into this week's open after the US-Iran de-escalation sank oil and drained the safe-haven bid, completing a full round-trip from the 61.50 low back above 70. This is the third up day, now consolidating between the 70.0 round number and the 71.02 week high, with RSI holding the low 60s and price riding well above EMA20 since the gap.

Support: 70.00, 69.16, 67.25

Resistance: 71.023, 74.55

What it said to watch

  • Close above 71.02 week high opens the path toward the 74.55 50d ema cap
  • Failure to hold 70.0 exposes the 9d ema near 69.16 and the 200d sma at 67.25
  • FOMC dots Wed 18:00 GMT and Retail Sales 12:30 GMT could materially shift this read

12:02 UTC

Uptrend, consolidating post-gap · RSI 64 · price 70.777

Higher lows, tight range below 71.0.

Silver gapped higher over the weekend after the US-Iran de-escalation drained the haven bid, completing a round-trip from the $61.50 YTD-area low back above $70. Since the gap, price has coiled in a tight 70.0–71.0 band with a sequence of higher lows holding well clear of both EMAs. RSI sits in the low-60s, with momentum subdued as the metal consolidates the rally.

Support: 70.00, 69.16

Resistance: 71.02, 74.55

What it said to watch

  • Hourly close above 71.02 opens the path toward the 74.55 cap
  • Failure to hold the 70.00 round number exposes the 69.16 area
  • Retail Sales Wed 12:30 GMT and FOMC dots Wed 18:00 GMT could materially shift this read

11:02 UTC

Uptrend, extended near week high · RSI 64 · price 70.662

Higher highs and higher lows since the weekend gap up.

Silver gapped up into Monday's session and has ground higher all week, recovering more than 6% off the mid-week $61.49 low as the US-Iran de-escalation drained the safe-haven USD bid. Price is pinned just under the $70.84 week high with RSI(14) elevated near 63, and pullbacks have held above the rising EMA(20) around 70.20. The post-weekend gap from 68.04 remains unfilled below.

Support: 70.20, 69.38, 68.04

Resistance: 70.84

What it said to watch

  • FOMC dot plot Wed 18:00 UTC is the binary risk and could materially shift this read
  • Hourly close above 70.84 extends the breakout; rejection there caps the squeeze
  • Loss of 69.38 Monday low would mark the first lower-low of the week

11:02 UTC

Uptrend, extended near week high · RSI 64 · price 70.662

Higher highs since gap, holding range top.

Silver gapped up from the 68.04 close into 69.43 over the weekend and has ground higher through the NY session, now pressing the 70.844 week high after a violent recovery off the 61.49 mid-week low. The move tracks the US-Iran de-escalation and softer USD that drained the haven bid; price holds well above EMA20 and EMA50 with RSI(14) elevated near 64. Range top at 70.80–70.844 has capped the latest push.

Support: 70.00, 69.43

Resistance: 70.844, 70.80

What it said to watch

  • FOMC dot plot Wed 18:00 UTC is the binary risk and could materially shift this read
  • Sustained break above 70.844 week high opens room higher
  • H1 close back below 70.00 round number would stall the squeeze toward the 69.43 gap open

10:02 UTC

Uptrend, momentum extended · RSI 70 · price 70.701

Higher highs since weekend gap, testing week high.

Silver gapped higher into the new week and has trended up steadily, with the US-Iran peace deal and softer USD fuelling the squeeze off mid-week lows near 61.50. Price is holding well above EMA20 and EMA50 with RSI near overbought, and the 70.79 week high has capped the latest push. Pullbacks this session have been shallow, finding demand above the 70.00 round number.

Support: 70.00, 69.43

Resistance: 70.79, 71.00

What it said to watch

  • FOMC dot plot Wed 18:00 UTC is the binary risk and could materially shift this read
  • H1 close above 70.79 week high opens the path higher toward 71.00
  • Failure to hold the 70.00 round number exposes the 69.43 weekly open

10:02 UTC

Uptrend, extending into highs · RSI 67 · price 70.701

Higher highs and higher lows since week open.

Silver gapped higher into this week's open and has ground up in a clean stair-step, holding well above EMA20/EMA50 as the US-Iran peace deal and softer USD fuelled the recovery off the mid-week $61.50 area. Price now sits just under the $70.79 week high after a steady NY-session climb, with RSI(14) holding in the high-60s and pullbacks shallow. Demand has stepped in repeatedly around the $70.00 round level.

Support: 70.01, 69.38

Resistance: 70.79

What it said to watch

  • H1 close above 70.79 opens room to extend the squeeze
  • Failure to hold 70.00 round number signals momentum fade
  • Loss of 69.38 week open breaks the rising sequence
  • FOMC dot plot Wed 18:00 UTC is the dominant catalyst for this read

09:04 UTC

Uptrend, extended after weekend gap · RSI 75 · price 70.57

Rising lows, consolidating below week high.

Silver gapped higher into this week's open and has held the mid-$70s after a violent recovery off the $61.50 low, clearing the prior $69 cap and 200-day area. Price is grinding along a series of rising lows but stalling under the 70.79 week high, with RSI(14) stretched near 75. The weekend US-Iran de-escalation drained the haven bid, yet dip-buyers keep defending the 70.00 round number.

Support: 70.00, 69.88

Resistance: 70.79, 71.00

What it said to watch

  • Hourly close below 70.00 round number then 69.88 swing low would break the rising-low sequence
  • Close above 70.79 week high opens the path toward the 71.00 psych level
  • FOMC projections / dot plot Wed 18:00 UTC is the week's pivot and could materially shift this read

09:04 UTC

Recovery rally, consolidating near highs · RSI 64 · price 70.57

Higher highs since the $61.50 low; ranging in the low-70s post gap.

Silver gapped up from the $68 close into $69.40 over the weekend and pushed through the $69 area that capped prior attempts, now consolidating in the low 70s after tagging a $70.79 week high. The move is the back half of a violent recovery off the $61.50 low — easing US-Iran haven concerns and a softer USD — and price holds above EMA(20) with RSI(14) elevated but cycling. The $70.00 round number and the $69.43 gap open mark first downside reference.

Support: 70.00, 69.43

Resistance: 70.79

What it said to watch

  • Sustained acceptance above 70.79 week high extends the recovery
  • H1 close back below 70.00 reopens the 69.43 gap area
  • FOMC dot plot Wed 18:00 UTC is the week's pivot and could reset this read

08:03 UTC

Uptrend, consolidating near highs · RSI 64 · price 70.233

Higher lows off $61.50, ranging below week high after weekend gap.

Silver gapped higher into this week's session and now holds the low-$70s after a violent recovery off the $61.50 low, with risk-on flow following US-Iran de-escalation. Price cleared the $69 area and is consolidating just under the $70.79 week high, while the $70.00 round number caps the lower edge of the recent range. RSI(14) sits in the low-60s and both EMAs trail beneath spot.

Support: 70.00, 69.379

Resistance: 70.79

What it said to watch

  • Hourly close above 70.79 week high opens room toward the upper $70s
  • Loss of the 70.00 round number and 69.38 gap low would reopen the downside
  • FOMC dot plot Wed could materially shift this read; a hawkish tilt pressures the yieldless metal

08:02 UTC

Uptrend, consolidating near highs · RSI 63 · price 70.233

Higher highs/higher lows, paused above 70.00.

Silver gapped higher into Monday's open (68.04 to 69.43) and has extended the recovery off last week's 61.49 low, now coiling just above the 70.00 round number after the violent bounce on softer USD and fading US-Iran haven demand. The week high at 70.79 has capped the advance while pullbacks have held the 69.88 swing low; price sits above both EMA20 and EMA50 with RSI cycling in the low-60s. Momentum is intact but stalling as the 69.00/200-DMA region flips to a support shelf below.

Support: 70.00, 69.88, 69.38

Resistance: 70.79

What it said to watch

  • Hourly close above 70.79 week high extends the uptrend toward 71
  • Failure to hold 69.88 swing low opens the 69.38 week low and 69.00
  • FOMC dot plot Wed 18:00 UTC is the dominant catalyst into this read

07:03 UTC

Recovery uptrend, momentum cooling · RSI 58 · price 70.005

Rallied off weekly low, consolidating below week high.

Silver gapped higher into the new week's open, clearing the $69 prior-resistance area after a violent recovery off the $61.49 weekly low — the move tracks easing US-Iran haven unwind colliding with a softer USD. Price is now consolidating in the low $70s below the 70.79 week high, with RSI(14) easing back from the rally peak. Both EMA(20) and EMA(50) sit beneath price after the impulse.

Support: 67.25

Resistance: 70.79

What it said to watch

  • FOMC dot plot Wed 18:00 UTC is the dominant catalyst and could materially shift this read
  • Loss of the $69 prior-res area reopens the path back toward the 200-dma near 67.25
  • H1 close above 70.79 week high extends the recovery leg

07:03 UTC

Uptrend, extended after weekend gap · RSI 68 · price 70.005

Higher highs post-gap, consolidating under week high.

Silver gapped up over the weekend from ~$68 to $69.4 and extended through the $69 prior-resistance/200-DMA zone into the low-$70s, the continuation of this week's violent bounce off the $61.50 low. Price is now consolidating just under the $70.79 week high with RSI(14) elevated in the high-60s. Move tracks a softer USD and easing US-Iran haven repricing, but the $69 area that capped earlier rallies has flipped to a pivot.

Support: 69.379

Resistance: 70.79

What it said to watch

  • Rejection at the $70.79 week high keeps price boxed in the low-$70s
  • Hourly close back below $69 gap low unwinds the breakout
  • FOMC dot plot Jun 17 18:00 UTC could materially shift this read

06:02 UTC

Uptrend, momentum extended · RSI 68 · price 70.054

Weekend gap higher, holding above $70.

Silver gapped higher over the weekend from Friday's $68.04 close to a $69.43 open and extended into the NY session toward $70.79, clearing the $69/200-DMA zone that capped rallies all of last week. The metal firmed on a softer Dollar and fading US-Iran haven unwind after the Michigan sentiment beat; price now holds just above the $70 psych level with RSI(14) stretched. Both EMAs sit well below price after the round-trip off the $61.49 low.

Support: 69.43, 68.04

Resistance: 70.79

What it said to watch

  • FOMC dot plot Wed 18:00 UTC and Retail Sales 12:30 UTC could materially shift this read
  • H1 close back below 69.43 weekly open exposes the 68.04 gap fill
  • Acceptance above 70.79 week high extends the breakout

05:04 UTC

Uptrend, recovery extended · RSI 71 · price 70.482

Higher lows off the week low, breakout above 69.

Silver gapped sharply higher into this week's open after a softer dollar and easing US-Iran haven flows, extending the >6% bounce off the $61.49 low and clearing the $69 area that capped prior attempts. Price has consolidated in the low-$70s, with the $70.79 week high holding and dips finding the $70.00 round number. The prior $69 resistance now sits beneath as the first structural pivot.

Support: 70.00, 69.00

Resistance: 70.79

What it said to watch

  • An H1 close back below 70.00 would stall the breakout extension
  • Failure to hold 69.00 prior resistance would negate the upside break
  • FOMC dot plot Wed 18:00 UTC and Retail Sales could materially reset this read

05:03 UTC

Uptrend, momentum extended · RSI 72 · price 70.482

Gap higher, consolidating near week highs.

Silver gapped higher into the new week and ripped to a 70.79 session high, extending the violent recovery off the 61.49 low after Iran de-escalation trimmed haven risk and the USD softened. Price is now consolidating in the mid-70s above the 69.40 gap floor, with RSI(14) stretched near 72. The 70.79 week high has capped the first push and remains the level to watch for rejection or break.

Support: 69.40, 69.00

Resistance: 70.79, 71.00

What it said to watch

  • FOMC dot plot Wed 18:00 UTC could materially shift this read
  • H1 close above 70.79 opens the path toward the 71.00 round number
  • Failure to hold the 69.40 gap floor would expose 69.00

04:02 UTC

Uptrend, extended after weekend gap · RSI 70 · price 70.357

Higher highs since the $61.50 low, gap above $69.

Silver opened the new week with a weekend gap from 68.04 to 69.43 and has since pressed to a 70.79 session high, clearing the $69 area and 200-DMA that capped rallies last week. The move extends the >6% recovery off the $61.50 low, with RSI(14) stretched into the low-70s and price riding well above EMA(20)/EMA(50). The de-escalation in US-Iran headlines drained haven demand but the metal still gapped higher into mid-week risk events.

Support: 69.379, 68.041

Resistance: 70.79

What it said to watch

  • FOMC dot plot Wed Jun 17 18:00 UTC could materially shift this read
  • Loss of 69.38 opens the weekend gap toward 68.04
  • Failure to hold $69 turns the breakout into a false break

04:02 UTC

Uptrend, freshly accelerated · RSI 73 · price 70.357

Weekend gap up, higher highs.

Silver gapped higher over the weekend from Friday's 68.04 close to 69.43 and extended straight through the $69 resistance flagged this week, printing a session high of 70.79. RSI(14) is elevated into the low-70s with price holding well above EMA(20) since the gap, reflecting the recovery off last week's $61.50 low on a softer Dollar and fading US-Iran haven demand. The $69 prior-resistance area now sits as the first support shelf below the open gap.

Support: 69.43, 68.04

Resistance: 70.79

What it said to watch

  • H1 close back below 69.43 gap open begins filling the weekend gap
  • Rejection at 70.79 vs a clean break sets near-term direction
  • FOMC dot plot Wed 18:00 UTC is the binary catalyst into this week

03:02 UTC

Uptrend, extended after gap · RSI 74 · price 70.576

Weekend gap-up, fresh week highs.

Silver gapped sharply higher into the new week, clearing the $69.00 cap and the 200-day SMA region after US-Iran de-escalation hopes, and is now pressing the 70.79 session high. Price sits well above EMA(20) and EMA(50) with RSI(14) stretched into overbought near 73. The metal completed a full round-trip off the 61.49 YTD low printed mid last week, with the gap from 68.04 to 69.43 unfilled below.

Support: 70.00, 69.43, 68.04

Resistance: 70.79, 71.00

What it said to watch

  • H1 close back below 70.00 reopens the 69.43 gap-open and 68.04 gap floor
  • Acceptance above 70.79 extends the move toward 71.00 psych
  • FOMC projections Wed 18:00 UTC and Retail Sales are the dominant catalysts that could reset this read

03:02 UTC

Uptrend, extended after gap · RSI 73 · price 70.576

Higher highs, fresh weekly highs post-gap.

Silver gapped higher into the new week's open near 69.43 and has pressed straight to 70.79, clearing the $69.00 cap and the 200-day SMA at $67.25 that defined the prior range. The move follows US-Iran de-escalation optimism and softer US yields after this week's brutal round-trip from the $61.50 YTD low. RSI(14) is into overbought territory with price stretched well above EMA(20), so pullbacks into the 70.00 round number and the 69.43 gap zone are the levels to monitor.

Support: 70.00, 69.43, 67.25

Resistance: 70.79

What it said to watch

  • Hourly close back below 69.43 fills the weekend gap and undercuts the breakout
  • Loss of 67.25 (200-day SMA) reopens the mid-week breakdown
  • FOMC dot plot and US Retail Sales Wed could materially shift this read

02:02 UTC

Uptrend, gap-driven extension · RSI 71 · price 70.303

Higher highs after weekend gap.

Silver gapped higher into this week's open at 69.43 and extended toward the 70.53 week high, clearing last week's $67.25 200-day pivot after a brutal round-trip down to the $61.50 YTD low. Price is holding above EMA20 and EMA50 with RSI near 71, consolidating just under the week high. The recovery has been carried by the de-escalation bid on US-Iran headlines and softer US yields.

Support: 69.43

Resistance: 70.53

What it said to watch

  • H1 close back below the 69.43 weekly open fills the gap and weakens the breakout
  • Failure at the 70.53 week high caps the extension
  • FOMC dot plot Wed 18:00 UTC is the dominant catalyst for this read

02:02 UTC

Uptrend, extended after gap · RSI 71 · price 70.303

Weekend gap higher, series of higher highs.

Silver gapped higher over the weekend, opening near the 69.43 week open and driving to a 70.53 week high — clearing the $69 cap and the 200-day SMA that capped the prior recovery off the 61.49 YTD low. Price is holding above the 70.00 round number with RSI(14) stretched into overbought after the multi-day rebound. The leg sits well above EMA20/EMA50, so the move is extended into this resistance band.

Support: 70.00, 69.43, 68.04

Resistance: 70.53, 71.00

What it said to watch

  • Close back below 69.00 starts filling the weekend gap toward 68.04
  • Sustained acceptance above 70.53 wk high opens 71.00 psych
  • FOMC dot plot Wed 18:00 UTC is the dominant catalyst and can reset this read

01:04 UTC

Uptrend, gap-driven extension · RSI 72 · price 70.29

Breakout above prior cap, weekend gap up.

Silver gapped higher into this week's open, clearing the $69.00 cap and the 200-day SMA at $67.25 that defined last week's recovery ceiling, on the US-Iran de-escalation bid. Price is pressing $70.30 with RSI(14) extended near overbought, and the weekend gap base at 69.40 remains unfilled. The dominant move this week was the round-trip from the $61.49 low back through 70.50.

Support: 69.40, 69.00, 67.25

Resistance: 70.53

What it said to watch

  • Failure to hold 69.00 fills the weekend gap and reopens 67.25
  • Sustained close above 70.53 session high extends the breakout
  • Retail Sales and FOMC dot plot Wed could materially shift this read

01:04 UTC

Uptrend, gap-extended · RSI 71 · price 70.29

Weekend gap higher, holding above 70.

Silver opened the week with a wide gap higher from Friday's 68.04 close to 69.43, clearing the $69 resistance and the 200-day-SMA zone that capped last week's rebound. Price extended to a 70.53 session high on US-Iran de-escalation flows before easing back to hold the 70.00 psych level. RSI(14) is elevated near 71 after the impulsive run.

Support: 70.00, 69.38, 68.04

Resistance: 70.53, 71.00

What it said to watch

  • An H1 close back below 69.38 starts filling the gap toward the 68.04 pre-gap close
  • Sustained trade above 70.53 opens the path to the 71.00 round number
  • High-impact FOMC dot plot and US Retail Sales Wed are the dominant catalysts that could shift this read

00:03 UTC

Uptrend, extended and overbought · RSI 81 · price 70.315

Weekend gap up, week-high breakout.

Silver gapped higher over the weekend from Friday's 68.04 close to 69.43, then extended to a 70.35 week high as US-Iran de-escalation hopes reclaimed the 200-day SMA at 67.25 and cleared the 69.00 cap that contained prior recovery attempts. Price sits well above both EMAs with RSI(14) stretched near 80, leaving the move overbought after the round-trip off the 61.49 YTD low. The 69.00 prior-resistance shelf and the unfilled 68.04 gap base now mark the nearest demand on this TF.

Support: 69.00, 68.04, 67.25

Resistance: 70.353

What it said to watch

  • An H1 close below 69.00 reopens the gap-fill path toward the 68.04 gap base
  • FOMC dot plot and Retail Sales Wed are the dominant catalysts for the next sessions
  • Loss of the 67.25 200-day sma would unwind the week's recovery structure

00:02 UTC

Uptrend, sharp recovery · RSI 74 · price 70.315

Higher highs, weekend gap breakout.

Silver gapped sharply higher into the new week, opening near 69.40 and extending to a 70.35 session high after reclaiming the 200-day SMA at 67.25 and clearing the $69 resistance, fuelled by US-Iran de-escalation and softer US yields. Price now trades above the $70 psych level with RSI(14) elevated near 73, well clear of EMA(20) and EMA(50). The move came on a clean gap from last week's 68.04 close, leaving an unfilled area below.

Support: 69.40, 67.25

Resistance: 70.35

What it said to watch

  • Failure to hold the 69.40 weekly open reopens the gap toward the 68.04 prior-week close
  • High-impact FOMC dot plot Wed Jun 17 18:00 UTC could materially shift this read
  • US Retail Sales Wed 12:30 UTC a secondary catalyst for the USD leg

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