XAG/USD AI Live Scan, 15-minute chart, Wednesday, 15 July 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, consolidating after bounce · RSI 46 · price 57.771
Range-bound near 57.80 after recovery off 56.60.
XAG sold off hard to 56.60 during NY hours, then recovered to 58.39 before fading back to a tight 57.70–57.85 band in thin late-session trade. Price is stalling around the 38.2% retracement of that bounce, holding just under EMA20; the softer USD tone from cool CPI/PPI is offset by risk-off oil flows, keeping the metal heavy below $59.
Support: 57.604, 57.443, 57.22
Resistance: 58.088, 58.388
What it said to watch
Break below 57.60 then 57.44 exposes the 57.22 support
Reclaim of 58.09 needed to reopen the 58.39 swing high
US Retail Sales Thu 12:30 GMT could materially shift this read
23:47 UTC
Downtrend, now flat in consolidation · RSI 46 · price 57.771
Tight range after recovery off 56.60 low.
Silver sold off to 56.61 mid-window then recovered to 58.39, and is now coiling in a tight 57.72–57.85 band on thin Asia-session volume. The broader tone stays heavy after repeated rejections near 59.00, with price pinned just under EMA20 and RSI(14) neutral around 46.
Support: 57.56, 57.22, 56.61
Resistance: 57.85, 58.09, 58.39
What it said to watch
M15 close above 58.09 reopens the 58.39 swing high
Break below 57.56 swing low exposes the 57.22 support
US Retail Sales Thu 12:30 UTC could break this range decisively
Silver flushed to a 56.61 session low then staged a recovery to 58.39 before fading; price now consolidating in a tight 57.60–57.85 band through quiet Asian hours. Sellers capped the bounce below the $59 rejection area noted in the macro read, with lower highs building since 58.39.
Support: 57.60, 57.22, 56.61
Resistance: 57.85, 58.09, 58.39
What it said to watch
M15 close above 57.85 range top reopens 58.09/58.39
Loss of 57.60 swing low exposes 57.22 prior support
US Retail Sales Thu 12:30 GMT could break the range
23:32 UTC
Downtrend, consolidating off lows · RSI 49 · price 57.806
Recovered from session low, now ranging tight.
Silver sold off through the session to a 56.61 low before a sharp recovery to 58.09, and is now pinned in a tight 57.60–57.85 band on thin Asia-session volume. Metal stays heavy near $58 after repeated rejections at $59, with US-Iran risk-off and firm oil offsetting the softer USD. RSI back to neutral around 49.
Support: 57.60, 57.22, 56.61
Resistance: 57.85, 58.09
What it said to watch
Break below 57.60 swing low opens the 57.22 support cluster
Reclaim of 58.09 swing high needed to challenge the range top
US Retail Sales Thu 12:30 UTC could break this consolidation
Lower highs, consolidating near lows after bounce faded.
Silver sold off through NY to a 56.61 low, snapped back to 58.39 then faded, rejected again near the $59 area cited in the macro read. Price now coils in a tight 57.76–57.88 band in early Asia, holding above the 57.60 swing low.
Support: 57.60, 57.22
Resistance: 57.88, 58.09, 58.39
What it said to watch
M15 close above 57.88 range top, then 58.09 prior high, breaks the consolidation
Failure to hold 57.60 swing low exposes 57.22 support
US Retail Sales Thu 12:30 GMT could materially shift this read
23:17 UTC
Downtrend, consolidating near lows · RSI 46 · price 57.811
Tight range after sharp NY sell-off.
Silver was hammered during the NY session, rejected below $59 and dumping to a 56.61 session low before a bounce stalled at 58.39. Price has since flattened into a tight 57.75–57.88 range through the Asian hours, RSI(14) mid-range near 46 with both EMAs overhead.
Support: 57.56, 56.61
Resistance: 58.09, 58.39
What it said to watch
Break below 57.56 swing low reopens the 56.61 session low
Reclaim of 58.09 swing high needed to challenge the 58.39 prior high
US Retail Sales Thu 12:30 GMT could materially shift this read
Tight consolidation after sharp selloff and rebound.
Silver dumped into 56.60 during NY hours then rebounded to 58.09, and is now pinned in a tight 57.73–57.87 range through quiet Asian hours, price sitting near the 50% retrace of that bounce. RSI(14) mid-range and ATR cooling — no fresh impulse in play, in line with silver's repeated rejections under the $59 area.
Support: 57.60, 57.44, 57.22
Resistance: 57.875, 58.09
What it said to watch
M15 close above 57.875 opens the path back toward 58.09 prior high
Loss of 57.60 swing low reopens the 57.44 session low then 57.22
US Retail Sales Thu 12:30 GMT is the key catalyst that could break this range
23:03 UTC
Downtrend, consolidating · RSI 46 · price 57.782
Range after selloff, rising lows off the base.
Silver sold off through the NY session to a 56.61 day low, then bounced and stalled at 58.39 before drifting back; now coiling in a tight 57.70-57.85 band into the quiet Asia open. Heavy tone persists after repeated 59.00 rejections despite the softer US inflation prints, with buyers stepping in at 57.56 to build rising lows off the base.
Support: 57.56, 56.61
Resistance: 58.09, 58.39, 59.00
What it said to watch
Close above 58.09 opens a retest of the 58.39 bounce high
Close below 57.56 swing low exposes 56.61 day low
US Retail Sales Thu 12:30 GMT could break this range
22:47 UTC
Recovery off lows, now flat · RSI 49 · price 57.787
Consolidating after sharp sell-off and bounce.
Silver was hammered into a 56.61 low during the US session before rebounding to 58.20, and has since gone flat in thin post-close/Asia trade around 57.78. Recent bars capped at the 57.88 session high; price sits just under EMA20/EMA50 with RSI mid-range.
Support: 57.60, 57.22
Resistance: 57.88, 58.00, 58.20
What it said to watch
Reclaim of 58.00–58.20 swing high reopens the recovery leg
Failure to hold the 57.60 swing low exposes the 57.22 support
US Retail Sales Thu 12:30 GMT could materially shift this read
22:47 UTC
Downtrend, bounce fading · RSI 48 · price 57.787
Consolidating below 58.00 after recovery stalled.
Silver was rejected repeatedly at the 58.00 area through NY hours and the bounce off the 56.60 swing low stalled at 58.39, faded despite a softer USD as oil/Iran risk-off capped it. Into the Asia reopen price is coiling in a tight 57.70-57.85 band, RSI(14) neutral near 47.
Support: 57.56, 56.60
Resistance: 58.00, 58.39
What it said to watch
M15 close above 58.00 reopens the path to 58.39
Break of 57.56 exposes the 56.60 swing low
US Retail Sales later today could materially shift this read
22:32 UTC
Downtrend, consolidating off lows · RSI 47 · price 57.822
V-recovery from 56.60, now ranging 57.60–57.90.
Silver flushed to a 56.60 day low during NY hours before a sharp recovery to a 58.39 swing high, then faded back to consolidate 57.60–57.90 into the session close, capped by descending resistance. Soft US CPI/PPI failed to lift XAG as risk-off oil flows kept it heavy; RSI(14) sits mid-range near 47.
Support: 57.60, 57.22, 56.60
Resistance: 58.09, 58.39
What it said to watch
Reclaim of the 58.09 recent high would challenge the descending resistance
Loss of the 57.60 session low reopens 57.22 support and the 56.60 day low
US Retail Sales Thu 12:30 GMT could materially shift this read
Silver was rejected at the $59 area early in the window and flushed to 56.61 before a sharp recovery to 58.39, driven by two-way flows as soft US inflation dragged USD while US-Iran/oil risk capped the metal. Price has since drifted back to 57.82 and is consolidating in low-volume Asian hours, holding the 57.60 session low.
Support: 57.604, 57.22, 56.608
Resistance: 58.088, 58.388
What it said to watch
M15 close below 57.60 reopens the 57.22 support
Reclaim of 58.088 prior high needed to extend the bounce
US Retail Sales Thu 12:30 GMT could shift this read
22:17 UTC
Downtrend, consolidating after bounce · RSI 47 · price 57.811
Bounce off 56.60 low, capped below 58.00.
Silver sold off through the NY afternoon to 56.60 before bouncing to 58.39, then rolled over and is now consolidating around 57.80 on thin late-session/Asia bars. Price sits below the 58.00 round number that capped the recovery; RSI(14) neutral near 47, no momentum extreme.
Support: 57.60, 56.60
Resistance: 58.00, 58.39
What it said to watch
Reclaim of 58.00 then 58.39 bounce high would break the descending channel top
Loss of 57.60 session low reopens the 56.60 swing low
US Retail Sales / Fed speakers ahead could shift this read
Recovered off session low, now printing lower highs.
Silver was hammered through the NY session to a 56.61 session low, then rebounded sharply to 58.39 before fading. Price now coils 57.60–57.80 in thin late-session trade, capped by a series of lower highs; the broader $59 rejection theme keeps the metal heavy.
Support: 57.60, 57.22, 56.61
Resistance: 58.39, 59.00
What it said to watch
M15 close below 57.60 confirms a lower low, exposing 57.22
Reclaim of the 58.39 rally high needed to reopen 59.00
US Retail Sales Thu 12:30 GMT could materially shift this read
22:03 UTC
Downtrend, consolidating near lows · RSI 44 · price 57.76
Lower highs, holding above session low.
XAG faded from the $59 rejection through NY, dropping to a 56.61 session low before a bounce to 58.09 stalled and rolled over. Now coiling 57.60–57.84 into late NY, RSI(14) mid-40s with price hugging EMA20.
Support: 57.60, 56.61
Resistance: 57.84, 58.09
What it said to watch
Close below 57.60 reopens the 56.61 session low
Reclaim of 58.09 bounce high needed to ease the downtrend
US Retail Sales Thu 12:30 GMT could materially shift this read
NY selloff to 56.60, half-retrace, now tight consolidation.
NY hours drove a sharp selloff to 56.60 before a half-retrace stalled at 58.09, with the $59 area still capping per the broader read. Price is now consolidating a tight 57.60–57.84 band into the Asia session, RSI(14) neutral near 48.
Support: 57.60, 57.22, 56.60
Resistance: 57.84, 58.09, 58.39
What it said to watch
M15 close above 58.09 reopens 58.39
Break below 57.60 exposes 57.22 support
US Retail Sales Thu 12:30 GMT could shift this read
21:47 UTC
Downtrend, paused in consolidation · RSI 44 · price 57.76
Tight range after bounce off session low.
Silver sold off to a 56.61 session low, then bounced to 58.39 before fading back; now coiling in a tight 57.60-57.84 range near 57.76. Rejection at the 58.39 session high capped the recovery, keeping the metal heavy sub-$59 as flagged by the soft-CPI-yet-no-rally backdrop.
Support: 57.60, 56.98, 56.61
Resistance: 58.09, 58.39
What it said to watch
M15 close above 57.84 range top opens the 58.09 bounce high
Loss of 57.60 recent low exposes 56.98 swing low
US Retail Sales Thu 12:30 GMT could materially shift this read
21:47 UTC
Downtrend, stabilising after bounce · RSI 48 · price 57.76
Consolidating post-selloff recovery.
Silver dumped to 56.61 during NY hours then recovered to 58.39 before fading; last few bars are pinned in a tight 57.60–57.84 range on thinning volume into the Asia handover. Rejected repeatedly near the $59 area earlier, consistent with the broader heavy tone despite the soft US inflation data.
Support: 57.60, 56.98, 56.61
Resistance: 58.09, 58.39
What it said to watch
Loss of 57.60 session low reopens 56.98 swing low
M15 close above 58.09 recovery high challenges the fade
US Retail Sales Thu 12:30 GMT could break the current range
21:32 UTC
Downtrend, bounce fading · RSI 46 · price 57.76
Recovered off session low, rolling over below 58.10.
XAG sold off from 58.84 to a session low at 56.61 during NY hours, then bounced to 58.10 and rolled over. Price now consolidating near 57.76 on thinning late-session volume, holding just above the 57.60 swing low, RSI mid-range. Metal stayed heavy despite softer US inflation, capped repeatedly at the 59.00 area.
Support: 57.60, 56.61
Resistance: 58.10, 58.39, 59.00
What it said to watch
Break below 57.60 exposes the 56.61 session low
Reclaim of 58.39 needed to re-challenge 59.00
US Retail Sales (Thu 12:30 GMT) could shift this read
Consolidating below 58.09 after bounce off session low.
Silver swept the session low at 56.61 during NY hours then rebounded to 58.39 before rolling back to consolidate near 57.76 into thin late-NY liquidity. Soft US CPI/PPI pressured the dollar but risk-off flows capped the rebound at the 58.39 swing high; RSI(14) sits mid-range with momentum flat.
Support: 57.60, 57.22, 56.61
Resistance: 58.09, 58.39
What it said to watch
Close below 57.60 resumes the down-leg toward the 57.22 support
Reclaim of 58.09 reopens the 58.39 swing high
US Retail Sales Thu 12:30 GMT could materially shift this read
V-shaped bounce off 56.61, consolidating below 58.09.
NY session sold silver down to a 56.61 double-bottom before a sharp V-recovery to 58.39, in line with the soft CPI/PPI-driven USD softness. Price has since faded to 57.76 and is coiling tightly through Asia hours; recovery high at 58.09 caps, RSI(14) neutral near 51.
Support: 57.22, 56.61
Resistance: 58.09, 58.39
What it said to watch
M15 close above 58.09 reopens the 58.39 session high
Loss of 57.22 support reasserts the lower-low sequence toward 56.61 swing low
US Retail Sales (12:30 GMT) could materially shift this read
21:05 UTC
Downtrend, rebound fading · RSI 46 · price 57.76
Bounce off session low, consolidating.
Silver sold off hard to 56.60 during NY hours before rebounding to 58.39, then faded back to 57.76 where it is consolidating in a tight 57.60–57.80 range late in the session. Soft US CPI/PPI kept the dollar heavy, but risk-off oil flows capped the rebound below the 58.39 session high. RSI(14) sits mid-range near 46 with price holding just above EMA20 and below EMA50.
Support: 57.60, 57.44, 56.70
Resistance: 58.09, 58.39
What it said to watch
Reclaim of 58.09 / 58.39 session high needed to extend the rebound
Loss of 57.44 session low reopens the 56.70 day low
US Retail Sales Thu 12:30 GMT could materially shift this read
Silver was sold hard through the NY session to a low near 56.60 before a sharp snap-back to the 58.39 session high, aided by the softer USD tape after this week's CPI/PPI misses. Price has since faded to 57.76 and is consolidating in a tight 57.60–57.84 band, holding below EMA20/50 with RSI(14) neutral near 44.
Support: 57.60, 57.44
Resistance: 58.09, 58.39
What it said to watch
M15 close below 57.60 swing low reopens the downside toward 57.44
Reclaim of 58.09 swing high would negate the fade from the session high
US Retail Sales Thu 12:30 GMT could materially shift this read
Silver swept down to 56.61 during NY hours before snapping back to 58.39, then faded into a consolidation near 57.79 on thin late-session volume. RSI(14) sits mid-range after the whipsaw and price is holding just below EMA20; 58.09 capped the recovery.
Support: 57.60, 57.44, 56.61
Resistance: 58.09, 58.39
What it said to watch
M15 close above 58.09 reopens the 58.39 swing high
Loss of 57.60 exposes the 57.44 swing low
US Retail Sales Thu 12:30 GMT could materially shift this read
Consolidating under recovery high after sharp sell-off.
Silver flushed to 56.61 mid-window then reclaimed to a 58.39 bounce high before fading; now pinned in a tight 57.60-57.82 range on thin late-session volume. Soft US CPI/PPI kept the USD offered but risk-off flows capped the rebound under the 58.09 shelf.
Support: 57.60, 57.22, 56.61
Resistance: 58.09, 58.39
What it said to watch
M15 close back above 58.09 reopens the 58.39 bounce high
Failure to hold 57.60 session low confirms a fresh lower-low toward 57.22
US Retail Sales Thu 12:30 GMT could break this range
20:32 UTC
Downtrend, bounce fading · RSI 46 · price 57.767
Recovered off session low, now consolidating.
Silver flushed to a 56.61 session low during NY hours on risk-off and firmer oil before rebounding to 58.39, where the move stalled. Price is now consolidating near 57.77 late in the NY session on thinning volume, RSI back to neutral around 46 after the reset.
Support: 57.60, 57.22, 56.61
Resistance: 58.09, 58.39
What it said to watch
M15 close below 57.60 confirms a lower low, exposing 57.22
Reclaim of 58.09 reopens the 58.39 swing high
US Retail Sales Thu 12:30 GMT could materially shift this read
NY session drove a sharp sell-off to 56.61 before a recovery leg to 58.39, which was rejected. Price is rolling over again into a lower high near 57.73, holding under the 58.09 shelf with the 50-EMA overhead.
Support: 57.22, 56.608
Resistance: 58.088, 58.388
What it said to watch
Close above 58.39 invalidates the lower-high read
Loss of 57.22 exposes the 55.50-55.63 YTD zone
US Retail Sales Thu 12:30 GMT could reshape this read
20:17 UTC
Downtrend, bounce fading · RSI 44 · price 57.726
Lower highs, retrace off 56.61 low.
Silver flushed to 56.61 in the NY afternoon then V-recovered to 58.39 before rolling back to 57.73, extending the descending channel read as CPI/PPI misses failed to lift the metal. Bounce stalled under the 58.00 round number and price is now retracing that recovery, sitting on the 57.44 swing low shelf.
Support: 57.44, 56.61
Resistance: 58.00, 58.39
What it said to watch
Reclaim and M15 close above 58.00 negates the fading-bounce read
Break below 57.44 reopens the 56.61 session low
US Retail Sales Thu 12:30 GMT could materially shift this read
20:03 UTC
Downtrend resuming after V-recovery · RSI 44 · price 57.701
Lower highs stacking below 58.40.
NY session swept lower to 56.61 before a sharp V-recovery to 58.39, but price has since rolled over into a chain of lower highs and is fading back to 57.70. RSI(14) sits mid-40s with both EMAs overhead; the softer USD from yesterday's CPI/PPI misses failed to sustain the bounce.
Support: 57.60, 57.22, 56.61
Resistance: 58.03, 58.39
What it said to watch
Reclaim of 58.03 negates the lower-high sequence
Close below 57.60 opens 57.22 support
US Retail Sales Thu 12:30 GMT could reset this read
20:03 UTC
Downtrend, bounce fading · RSI 44 · price 57.701
Lower highs after recovery off 56.60.
Silver flushed to 56.60 during NY hours before snapping back to 58.23, then fading to 57.70 as the rebound stalled. RSI(14) mid-range near 43; price sits below EMA20 and EMA50 with lower highs building since the bounce peak.
Support: 57.56, 56.60
Resistance: 58.09, 58.23
What it said to watch
M15 close below 57.56 reopens the 56.60 swing low
Reclaim of the 58.09 shelf needed to re-test the 58.23 bounce high
US Retail Sales tomorrow 12:30 GMT could reset the intraday tape
19:47 UTC
Downtrend, bounce fading · RSI 44 · price 57.651
Lower highs, retracing NY bounce.
NY session saw silver flush to 56.61 then snap back to 58.39, but the rebound is fading and price now sits ~41% back into that move at 57.65. Structure stays lower-high on the day, capped under the 58.09 bounce high as risk-off offsets the softer USD.
Support: 57.44, 56.61
Resistance: 58.09, 58.39
What it said to watch
M15 close below 57.44 reopens the 56.61 session low
Reclaim above 58.09 negates the fade and targets the 58.39 swing high
Sharp NY drop, recovery rejected, retracing lower.
NY session flushed silver to 56.61 before a recovery to 58.39, which was rejected; price is now fading back through the mid-point near 57.65. RSI(14) sits mid-range around 43 as the bounce loses steam, with sellers capping under 58.39.
Support: 57.22, 56.61
Resistance: 58.39, 59.00
What it said to watch
M15 close above 58.39 negates the fade and reopens the 59.00 shelf
Break below 57.22 exposes the 56.61 swing low and the YTD zone
US Retail Sales Thu 12:30 GMT could materially shift this read
19:32 UTC
Sharp drop then recovery, now fading · RSI 46 · price 57.819
V-recovery off 56.61, rejected at 58.38.
Silver sold off hard into the NY session, bottoming near 56.61 before recovering to a bounce high of 58.38; price is now fading back to 57.82 after rejection there. RSI(14) sits mid-range and ATR ~310 pips flags elevated intraday volatility. The two-way tape follows soft US CPI/PPI that pressured USD, while risk-off flows capped the rebound below the 59.00 shelf.
Support: 57.44, 57.22, 56.61
Resistance: 58.38, 59.00
What it said to watch
M15 close below 57.44 swing low reopens 57.22 support
Reclaim of 58.38 bounce high needed to extend the recovery
US Retail Sales Thu 12:30 GMT could materially shift this read
Silver flushed to 56.61 into the NY session then rallied hard to 58.39 before rejection capped the move; price now fading back to 57.82 as USD steadies on Iran risk-off despite soft US CPI/PPI. Two-way tape, RSI(14) neutral near 49 after the recovery leg stalled.
Support: 57.22, 56.61
Resistance: 58.39, 59.00
What it said to watch
Reclaim of 58.40 needed to reopen the 59.00 shelf
Close below 57.22 exposes the 56.61 session low
US Retail Sales Thu 12:30 GMT could shift this read
NY session saw a sharp flush to 56.61 before a V-recovery to 58.39, keeping silver capped under $59 in line with the descending channel read. RSI(14) is back to neutral near 49 after the rebound stalled and price pulled back to 57.96.
Support: 57.56, 56.608
Resistance: 58.388
What it said to watch
Close below 57.56 reopens the 56.61 session low
Reclaim of 58.39 needed to extend the recovery
US Retail Sales Thu 12:30 GMT could shift this read
Silver flushed to a session low of 56.61 during NY hours before a sharp rebound to 58.39, with softer USD after the CPI/PPI misses cushioning the recovery. Price has since faded to 57.96 and is consolidating below the rebound high; the 58.39–58.73 zone is the near-term cap.
Support: 57.56, 56.61
Resistance: 58.39, 58.73, 59.00
What it said to watch
Close back below 57.56 confirms resumption of the lower-low sequence toward 56.61
Reclaim of 58.39 opens the path to the 59.00 shelf
US Retail Sales Thu 12:30 GMT could materially shift this read
NY session flushed silver to 56.61 before a near-full V-recovery to 58.39, driven by two-way tape between soft-USD support and oil/risk-off pressure. Rejection at the 58.39 session high, with the last three bars retracing to 57.89 and RSI(14) cooling to the low 50s.
Support: 57.60, 57.22, 56.61
Resistance: 58.39
What it said to watch
M15 close back below 57.60 swing low reopens the 57.22 support
Reclaim of 58.39 session high needed to extend the recovery
US Retail Sales Thu 12:30 GMT could materially shift this read
NY session saw a sharp flush to 56.60 before a V-recovery ran back to 58.39, where sellers rejected and price is now pulling back to 57.89. Two-way tape driven by risk-off flows against a soft-USD backdrop; RSI(14) neutral near 51 after cooling from the rebound high.
Support: 57.56, 56.60
Resistance: 58.39, 58.83
What it said to watch
Close above 58.39 opens the path to the 58.83 session high
Failure to hold 57.56 exposes a retest of the 56.60 session low
US Retail Sales Thu 12:30 GMT could materially shift this read
Silver swept the NY session low at 56.61 then rebounded ~3% to 58.39 as a softer USD (weak CPI/PPI) supported the metal; RSI(14) recovered to mid-50s. Price has pulled back to 58.00, holding above EMA20 but stalling under the 58.39 session high.
Support: 57.65, 56.61
Resistance: 58.39, 58.63, 59.00
What it said to watch
Close above 58.39 opens the 58.63 prior high then the 59.00 shelf
Failure to hold 57.65 reopens the 56.61 session low
Fed's Musalem 23:30 GMT could inject USD volatility into this read
NY afternoon saw a sharp sell-off that swept lows to 56.61, followed by a steep V-recovery to 58.39 where price was rejected; it's now easing back to 58.00. Soft US CPI/PPI misses have kept the dollar heavy, but oil-driven risk-off is capping the silver bounce under 58.40.
Support: 57.60, 56.61
Resistance: 58.39, 58.73
What it said to watch
M15 close above 58.39 extends the recovery toward 58.73
Failure to hold 57.60 reopens the 56.61 swing low
US Retail Sales Thu 12:30 GMT could reset this read
NY session flushed silver to a 56.61 session low before a sharp V-recovery lifted price back above 58.30, retracing roughly three-quarters of the drop. Rebound follows soft US CPI/PPI-driven USD weakness, though price remains under the 59.00 shelf that has repeatedly rejected. Recovery is building higher lows off the session low.
Support: 57.587, 56.608
Resistance: 58.49, 59.00
What it said to watch
M15 close above 58.49 swing high opens path toward the 59.00 shelf
Loss of the 57.59 recovery low reopens the flush toward 56.61 session low
US Retail Sales Thu 12:30 GMT could materially shift this read
Sharp NY-session selloff swept to 56.61 before a strong V-recovery lifted price back to 58.32, unwinding most of the down leg. RSI has climbed off oversold and buyers stepped in aggressively over the last two hours after the descending-channel low was rejected.
Support: 57.60, 56.608
Resistance: 58.63, 59.00
What it said to watch
M15 close above 58.63 opens the path to the 59.00 shelf
Failure to hold 57.60 reopens the 56.61 sweep low
US Retail Sales Thu 12:30 GMT could materially shift this read
A sharp selloff into NY afternoon swept the session low at 56.61, then a V-recovery lifted silver back to 58.08, retracing roughly 66% of the drop. Softer US PPI (-0.3% vs 0% f/c) underpinned the bounce, but the 59.00 rejection area caps overhead. RSI(14) near 61 off the lows.
Support: 57.60, 56.61
Resistance: 58.35, 58.84, 59.00
What it said to watch
Sustained close above 58.35 opens the path to the 58.84 session high
Failure to hold 57.60 reopens the 56.61 session low
US Retail Sales Thu 12:30 GMT could materially shift this read
NY session drove a sharp selloff into a 56.61 session low, with buyers stepping in twice around 56.6 before a V-recovery back to 58.08. The bounce follows softer US PPI, though price stalled well below the 59.00 area that capped earlier; RSI(14) has cooled off its lows to the low-60s.
Support: 57.60, 56.61
Resistance: 58.50, 59.00
What it said to watch
Close back below 57.60 swing low reopens the 56.61 session low
Stall at 58.50 prior swing / 59.00 rejection area caps the recovery
US Retail Sales Thu 12:30 GMT could materially shift this read
NY session sold silver hard from the 58.10 area to a 56.61 low around 17:15 UTC as risk-off and firmer oil capped the metal after the CPI/PPI pop faded. A sharp V-bounce has recovered to 57.72 — the 50% retrace of the down leg — with RSI(14) lifting off oversold; session high 57.74 is capping the move right now.
Silver crashed through 57.00 into the NY session to a low of 56.61, then staged a sharp V-recovery to 57.81 as softer PPI/disinflation offset earlier oil/Iran risk-off. RSI(14) has lifted off oversold to the mid-40s; price now presses the 57.81 swing high with the prior 58.10 shelf overhead.
Support: 57.28, 56.608
Resistance: 57.81, 58.10
What it said to watch
Reclaim of 58.10 shelf would negate the intraday downtrend
Failure to hold 57.28 reopens the 56.61 session low
US Retail Sales Thu 12:30 GMT could materially shift this read
17:47 UTC
Downtrend, bouncing off lows · RSI 44 · price 57.623
Lower-low then sharp recovery.
NY afternoon selloff pushed silver to a session low of 56.60, sweeping the prior 57.22 support after cooler US PPI failed to hold the metal bid. Price snapped back to 57.62 with RSI(14) lifting off oversold, but it stalls below the 57.81 swing high and remains under EMA20/50 with 58.10 broken support overhead.
Support: 57.22, 56.60
Resistance: 57.81, 58.10
What it said to watch
M15 close back below 57.22 reopens the 56.60 session low
Reclaim of 58.10 broken support needed to negate the lower-low
US Retail Sales Thu 12:30 GMT could materially shift this read
NY session sold silver hard, dumping to 56.608 before buyers stepped in and drove a sharp recovery to 57.62. Softer US PPI reinforced disinflation but oil/Iran risk-off capped the metal; price still trades below EMA20/50 after the failed push above 59.00 earlier.
Support: 56.608
Resistance: 57.81, 58.10
What it said to watch
Reclaim of 57.81 needed to extend the bounce toward 58.10
Loss of 56.608 reopens the path toward the $55 support cluster
US Retail Sales Thu 12:30 GMT could materially shift this read
17:32 UTC
Downtrend, sharp NY sell-off · RSI 38 · price 57.387
Lower highs, lower lows; bouncing off session low.
Silver broke down hard through the NY session, slicing prior support at 57.56 into a 56.61 low before a sharp bounce back to 57.39. Move fits the risk-off/oil-driven cap despite soft PPI; RSI(14) recovering off oversold as the drop stalls.
Support: 56.608
Resistance: 57.68, 58.06
What it said to watch
Reclaim of 57.68 would ease the downside pressure toward 58.06
Loss of 56.61 swing low exposes the 55.63 support zone
US Retail Sales Thu 12:30 GMT could materially shift this read
NY session saw a sharp cascade from 58.20 to a 56.61 swing low, extending the descending-channel selloff after silver failed above 59.00 and softer US PPI met Iran-driven oil risk. Price is now bouncing to 57.39 off oversold conditions, RSI(14) recovering from sub-30. The prior 58.07 support has flipped to overhead resistance.
Support: 56.608
Resistance: 57.75, 58.07
What it said to watch
Reclaim of 57.75 swing high would ease the immediate downside pressure
Loss of 56.61 swing low confirms continuation and exposes 56.00
US Retail Sales Thu 12:30 GMT could materially shift this read
Silver sold off hard through the NY session, breaking from 58.40 down to a 56.608 low as the metal gave back the CPI pop and failed above 59.00 earlier. Price is bouncing off the low with RSI(14) lifting from oversold; 57.00 bounce high caps for now.
Support: 56.608, 55.63
Resistance: 57.001
What it said to watch
Reclaim of 57.001 bounce high would ease the downside pressure
Break below 56.608 session low exposes the 55.63 zone
Fed Beige Book (18:00 GMT) could shift this read
17:17 UTC
Downtrend, accelerating · RSI 25 · price 56.863
Lower highs, lower lows; fresh session low.
Sharp NY-session selloff drove silver through 57.541 and 57.00 into a 56.608 low, RSI(14) pressed into oversold near 25. Move follows failure above 59.00 earlier and risk-off from Iran/oil, price now hovering at 56.86 just under the reclaimed 57.00 handle.
Support: 56.608, 55.63
Resistance: 57.00, 57.541
What it said to watch
Reclaim of 57.00 would ease the breakdown read
Loss of 56.608 opens the path toward the 55.63 zone
US Retail Sales Thu 12:30 GMT could materially shift this read
17:04 UTC
Downtrend, accelerating · RSI 26 · price 56.979
Lower highs and lower lows, fresh session low.
Silver sold off hard through the NY session, breaking 57.56 and printing a fresh low at 56.608 as Iran-led risk-off and firmer oil capped the CPI/PPI-driven bounce. RSI(14) is oversold near 26 with a shallow bounce off the low; 57.56 is now the nearest overhead reference.
Support: 56.608, 56.50
Resistance: 57.56
What it said to watch
Reclaim of 57.56 would ease the breakdown read
Failure to hold 56.608 opens 56.50 psych zone
US Retail Sales Thu 12:30 GMT could reset this read
17:04 UTC
Downtrend, accelerating · RSI 28 · price 56.979
Lower highs, lower lows; fresh session low.
Silver sold off hard through the NY session, breaking to a fresh low at 56.608 after rejection under 58.18, with softer US PPI failing to lift the metal against Iran-driven risk-off. RSI(14) near 28 and a small bounce off 56.60 into the close, but structure is a clean chain of lower highs and lower lows.
Support: 56.608, 56.50
Resistance: 57.483, 58.179
What it said to watch
Reclaim of 57.483 needed to break the lower-high chain
Failure to hold 56.608 opens the 56.50 psych area
US Retail Sales Thu 12:30 GMT could materially shift this read
Silver sold off hard through the NY session, slicing the 57.56 shelf and printing a session low at 56.608 with RSI(14) buried near 21. The slide fits the risk-off/Iran-oil narrative capping any CPI/PPI-driven bounce; price is stretched well below EMA20/50 and sits just off the low.
Support: 56.608, 56.00
Resistance: 57.56
What it said to watch
Reclaim of 57.56 would ease the breakdown read
Failure to hold 56.608 opens the 56.00 psych area
US Retail Sales Thu 12:30 GMT could materially shift this read
16:47 UTC
Downtrend, accelerating · RSI 20 · price 56.717
Lower highs and lower lows, impulsive breakdown.
Silver sold off hard through the NY session, breaking the 58.00 shelf and 57.48 swing to print a fresh session low at 56.608 with RSI(14) sub-20. Risk-off from Iran and firmer oil overwhelmed the soft US PPI print; the last bar shows a small pause at 56.717 after the flush.
Support: 56.608, 56.50
Resistance: 57.483
What it said to watch
Reclaim of 57.483 needed to ease the breakdown read
Loss of 56.608 / 56.500 extends the lower-low sequence
US Retail Sales Thu 12:30 GMT could reshape this move
16:32 UTC
Downtrend, accelerating · RSI 27 · price 56.986
Lower highs, lower lows, fresh session low.
Sharp NY-session selloff drove silver through the 57.56 breakdown level to a fresh session low at 56.946, RSI(14) pressed into oversold near 27. Metal has given back the CPI pop and extended lower on the PPI miss, with risk-off from Iran/oil offering no support; price now sits pinned at the lows.
Support: 56.946, 55.63
Resistance: 57.56
What it said to watch
Reclaim of 57.56 breakdown level needed to ease downside pressure
Failure to hold 56.946 session low opens the path toward 55.63
US Retail Sales Thu 12:30 GMT could materially shift this read
16:32 UTC
Downtrend, accelerating · RSI 22 · price 56.986
Clean lower highs / lower lows, fresh breakdown.
NY session sell-off drove XAG through the $57 round number to a session low of 56.946, extending a steady chain of lower highs, with RSI(14) pinned near 22. Softer PPI failed to lift the metal as Iran-linked risk-off and firmer oil keep rallies capped; price sits at the lows with no reversal signal yet.
Support: 56.946, 56.50
Resistance: 57.00
What it said to watch
reclaim of 57.00 round number needed to ease the breakdown pressure
loss of 56.946 session low opens continuation toward 56.50 psych
US Retail Sales Thu 12:30 GMT could materially shift this read
16:17 UTC
Downtrend, extended lower · RSI 34 · price 57.539
Lower highs, lower lows.
NY session sold silver hard, breaking below 58.00 and printing a fresh session low at 57.44 after the earlier failure at 59.00. Softer PPI supported the disinflation read but Iran-linked risk-off and firmer oil kept the metal offered; RSI(14) is oversold near 34 and the last bar shows only a shallow bounce to 57.54.
Support: 57.443, 57.22
Resistance: 57.81
What it said to watch
Close below 57.44 confirms continuation toward the 57.22 prior low
Reclaim of 57.81 swing high needed to ease the downside pressure
US Retail Sales Thu 12:30 GMT could materially shift this read
Silver sold off through the NY session, breaking below 58.10 and printing a fresh low at 57.443 as risk-off from Iran and firmer oil capped the metal despite soft US PPI. Price is holding just above that low with RSI(14) near 31, short-term stretched but not yet extreme.
Support: 57.443
Resistance: 58.10
What it said to watch
Loss of 57.443 confirms continuation of the lower-low chain
Reclaim of 58.10 would neutralise the intraday breakdown
US Retail Sales Thu 12:30 GMT could materially shift this read
Silver broke lower through the NY session, sliding under 58.00 to a session low of 57.44 as softer US PPI failed to lift the metal against Iran-driven risk-off. A small bounce off the low has RSI(14) recovering from oversold near 39; price still pins the lower channel edge with 58.10 capping.
Support: 57.44, 57.22
Resistance: 58.10
What it said to watch
Reclaim of 58.10 would break the lower-high chain
Loss of 57.44 session low opens 57.22 prior low
US Retail Sales Thu 12:30 GMT could shift this read
16:03 UTC
Downtrend, accelerating into NY · RSI 33 · price 57.66
Lower highs and lower lows, fresh session low.
NY afternoon sell-off broke the 58.0 shelf and printed a fresh session low at 57.44 before a shallow bounce to 57.66, RSI(14) near 33. The leg follows a failed push above 59.00 earlier; soft PPI plus Iran-led risk-off kept the metal offered within its broader descending channel.
Support: 57.443, 57.00
Resistance: 58.05
What it said to watch
Reclaim of broken 58.05 would ease the downside pressure
Loss of 57.44 session low extends the lower-low sequence toward 57.00
US Retail Sales Thu 12:30 GMT could materially shift this read
NY session extended the slide, XAG breaking below the 58.00 broken support and sweeping down to 57.44 before a bounce to 57.75. Softer PPI failed to lift the metal — Iran/oil-led risk-off is capping rebounds; RSI(14) near 37 off the lows.
Support: 57.443, 57.00, 55.63
Resistance: 58.05
What it said to watch
M15 close back above 58.05 negates the breakdown read
Failure to hold 57.44 opens 57.00 then the 55.63 zone
US Retail Sales Thu 12:30 GMT could shift this read
15:47 UTC
Downtrend, accelerating · RSI 38 · price 57.712
Lower highs, fresh session low.
NY session sold off sharply through 58.00, tagging a session low at 57.443 before a shallow bounce to 57.71 — risk-off Iran/oil flows overriding the soft US PPI print. Price holds below EMA20/50 with RSI(14) near 37; the broken 58.00 shelf now caps.
Support: 57.443, 57.22
Resistance: 58.10
What it said to watch
Reclaim of 58.10 would negate the breakdown read
Loss of 57.443 opens the path toward 57.22
US Retail Sales Thu 12:30 GMT could shift this read
Silver broke the 58.10 shelf into the NY afternoon, printing a fresh session low at 57.443 before a shallow bounce to 57.65; PPI miss reinforced disinflation but the Iran-driven bid capped the metal and momentum stays down. RSI(14) near 31, hot but not yet washed out, with price well below EMA20/50.
Support: 57.443, 57.22
Resistance: 58.10
What it said to watch
Reclaim of the 58.10 broken shelf would neutralise the breakdown
Loss of 57.443 session low opens the 57.22 psych zone
US Retail Sales Thu 12:30 GMT could shift the near-term read
15:32 UTC
Downtrend, accelerating · RSI 31 · price 57.647
Lower highs, fresh session low.
Silver sold off hard through NY hours, breaking 58.00 and printing a fresh session low at 57.443 with RSI(14) near 30. The metal gave back Tuesday's CPI pop after repeated rejection below 59.00, with risk-off Iran headlines and firmer oil capping despite soft PPI.
Support: 57.443, 57.22
Resistance: 58.10, 59.00
What it said to watch
Loss of 57.443 opens the path toward the 57.22 prior low
Reclaim of 58.10 swing needed to ease the downside pressure
US Retail Sales Thu 12:30 GMT could materially shift this read
NY session sold off sharply, breaking the 58.10 support base with a wide-range bar into 57.524, RSI(14) pressed near 28. Softer PPI failed to lift the metal as Iran-driven oil and risk-off capped rebounds; sellers now driving fresh lows with no base yet formed.
Support: 57.524, 57.22
Resistance: 58.10
What it said to watch
M15 close back above 58.10 would neutralise the breakout
Failure to hold 57.524 confirms continuation toward the 57.22 prior low
US Retail Sales Thu 12:30 GMT could materially shift this read
15:17 UTC
Downtrend, extending · RSI 26 · price 57.569
Lower highs, fresh session low.
Silver broke down through 58.00 during NY hours and printed a fresh session low at 57.524, extending the soft-PPI slide with a sharp 60c candle. RSI(14) deep in oversold near 26 as the descending-channel bias plays out.
Support: 57.524, 57.22
Resistance: 58.10
What it said to watch
M15 close back above 58.10 negates the breakdown
US Retail Sales Thu 12:30 GMT could materially shift this read
NY session spiked to 58.84 after soft US PPI weakened the dollar, but the move was rejected and silver has bled back toward the 58.10 area, printing lower highs. RSI(14) sits mid-range near 43; the session low at 57.78 remains the pivot for the downside.
Support: 57.78
Resistance: 58.49, 58.84
What it said to watch
M15 close below 57.78 confirms a lower-low and accelerates downside
Reclaim of the 58.49 swing high would neutralise the fading bounce
Warsh testimony (14:00 UTC) could materially shift this read
Lower highs after failed Warsh-spike, pressing session lows.
NY session spiked to 58.84 on the Warsh testimony reaction then faded hard, with price back at 58.14 grinding toward the session low near 57.90. Soft US PPI weakened the dollar but silver stays capped under the descending 58.45 lower high, RSI(14) around 42.
Support: 57.90, 57.782
Resistance: 58.45, 58.837
What it said to watch
M15 close below 57.782 confirms a fresh lower-low and extends the downtrend
Reclaim of 58.45 lower high would break the descending sequence
Fed speakers / Beige Book (18:00 UTC) could shift USD tone and this read
14:47 UTC
Downtrend, fading from session high · RSI 40 · price 58.037
Lower highs, back at session lows.
NY session spiked to 58.84 then was rejected, with price giving back the entire move to retest session lows near 58.00 as Warsh testimony (14:00 UTC) coincided with the fade. The false break above 58.5 leaves lower highs intact and RSI(14) sitting in the high-30s.
Support: 57.782
Resistance: 58.453, 58.50, 58.837
What it said to watch
M15 close below 57.78 confirms a fresh lower low and opens downside
Reclaim of 58.5 would negate the false-break read
Warsh testimony tone still filtering through — could shift this read intraday
NY session faded a spike to 58.73 back down to 58.04, retracing the entire intraday rally off 57.78 as USD softness from soft PPI failed to lift silver through $59.00. Chain of lower highs stays intact with price sitting on the session-low shelf.
Support: 57.78
Resistance: 58.35, 58.73
What it said to watch
Break below 57.78 opens the path toward the 57.22 support
Reclaim of 58.35 needed to stall the lower-high chain
US Retail Sales Thu 12:30 UTC could reshape this read
14:32 UTC
Downtrend, spike faded · RSI 46 · price 58.181
Lower highs, fading rebound.
Silver swept the session low at 57.78 then spiked to 58.84 at the NY open on the soft PPI print, but rejected there and faded roughly two-thirds of the move back to 58.18. The day remains a lower-high drift from 59.50; RSI(14) mid-40s with price back below EMA20 and EMA50.
Support: 57.782
Resistance: 58.49, 58.837
What it said to watch
M15 close back above 58.49 reopens the 58.84 session high
Break below 57.78 extends the day's lower-low sequence
Warsh testimony fallout (14:00 UTC) could shift this read
Silver spiked into 58.84 at the NY open then got rejected, fading back to 58.18 near the 62% retrace of that leg. Soft US PPI pressured USD but couldn't sustain the push through the 58.45 shelf; RSI(14) mid-range as the bounce cools.
Support: 58.00, 57.78
Resistance: 58.45, 58.84
What it said to watch
M15 close below 58.00 opens the 57.78 swing low
Reclaim of 58.45 needed to re-target the 58.84 session high
Aftermath of Warsh testimony could shift this read
NY session swept the 57.78 session low then snapped back toward 58.84 on soft US PPI, with RSI(14) recovering to mid-range. Price has since eased and is consolidating near 58.35, holding above the reclaimed 58.14 swing low.
Support: 58.14, 57.78
Resistance: 58.84, 59.00
What it said to watch
Close above 58.84 opens the 59.00 psych rejection zone
Loss of 58.14 swing low, then 57.78, resumes the downtrend
Warsh testimony ~14:00 UTC could materially shift this read
14:17 UTC
Downtrend, recent bounce · RSI 49 · price 58.371
Session low swept, sharp recovery, now consolidating.
Silver drifted lower through the Asian/London hours, swept the session low at 57.78, then snapped back to 58.73 on the NY open as soft PPI pressured the dollar. Now consolidating around 58.37, holding above EMA20 but capped below the 58.73 swing high; RSI(14) neutral near 49.
Support: 57.782
Resistance: 58.728, 59.00
What it said to watch
Warsh testimony (14:00 UTC) could reprice Fed-hike odds and swing this read sharply
Close back below 57.78 confirms the sweep failed and resumes the downtrend
Reclaim of 58.73 opens the path toward the 59.00 rejection zone
Silver swept the session low at 57.78 during NY hours then spiked to 58.84 before being rejected, easing back to 58.33 as the $59 zone continues to cap. Soft US PPI weakened USD but couldn't push XAG through resistance; RSI(14) sits neutral near 48.
Support: 58.14, 57.78
Resistance: 58.84, 59.00
What it said to watch
Fed Chair Warsh testimony (14:00 UTC) is a high-impact risk that could materially shift this read
M15 close above 58.84 opens the path to the 59.00 psych zone
Failure to hold 58.14 reopens the 57.78 session low
14:03 UTC
Downtrend, bounce fading · RSI 49 · price 58.327
Session low swept, corrective bounce stalling.
NY session swept the 57.78 session low then snapped back to 58.84 before fading to 58.33, silver caught between soft US PPI (disinflationary) and Iran risk-off. The rebound has stalled under a chain of lower highs; price now sits mid-range with RSI back near 50.
Support: 57.78
Resistance: 58.84, 59.00
What it said to watch
Fed Chair Warsh testimony (14:00 UTC) is live and could materially shift this read
Close back below 57.78 confirms a lower low and resumes the downtrend
Close above 58.84 opens the path toward the 59.00 zone
NY session swept the 57.78 session low then ripped to 58.83 on soft PPI before sellers capped it; price has since faded to 58.27, roughly the 50% mark of that leg. The $59.00 rejection zone from the context read remains untested on this bounce.
Support: 57.78
Resistance: 58.83, 59.00
What it said to watch
Warsh testimony 14:00 UTC (~15m out) can materially shift this read
M15 close back below 57.78 confirms a lower-low
Reclaim of 58.83 session high opens the path to the 59.00 zone
NY session swept the session low at 57.78 then ripped to 58.84 before fading to 58.27, giving back over half the move. RSI(14) back near neutral as the bounce stalls; Warsh testimony at 14:00 UTC lands imminently.
Support: 57.782
Resistance: 58.50, 58.837
What it said to watch
Warsh testimony at 14:00 UTC (high impact) could materially shift this read
Close below 57.78 confirms a lower-low and reopens downside
Reclaim of 58.50 puts the 58.84 session high back in play
Session low swept at 57.78, V-reversal into pullback.
NY session swept the 57.78 low then ripped to 58.84 on soft US PPI/CPI USD weakness before fading to 58.47. Rebound is holding above the 58.31 pullback low but 59.00 remains the capping zone that keeps the broader downtrend intact.
Support: 58.31, 57.78
Resistance: 58.84, 59.00
What it said to watch
Fed Chair Warsh testimony 14:00 UTC could materially shift this read
Loss of 58.31 pullback low reopens the 57.78 session low
M15 close above 58.84 session high exposes the 59.00 rejection zone
NY session swept the session low at 57.78 then rallied sharply to 58.83, with RSI recovering from oversold as the softer US PPI capped the dollar. Price is now pulling back to 58.50, holding above the 58.30 pivot; the $59.00 rejection zone remains the cap.
Support: 58.30, 57.91
Resistance: 58.837, 59.00
What it said to watch
Warsh testimony 14:00 UTC could materially shift this read
Reclaim of 58.837 needed to extend the bounce toward 59.00
Failure to hold 58.30 reopens the 57.91 session low
NY session put in a sharp bounce off the 57.78 base to 58.84, where price was rejected and has since eased back to 58.50, retracing about a third of the move. Buyers stepped in repeatedly around 57.8 through the London-NY stretch; 59.00 remains the capped rejection zone flagged into Warsh's testimony.
Support: 58.05, 57.78
Resistance: 58.84, 59.00
What it said to watch
Fed Chair Warsh testimony at 14:00 UTC (~44m) could materially shift this read
M15 close above 58.84 opens the path to the 59.00 rejection zone
Channel decline into 57.78 double bottom, sharp recovery.
Silver spent London hours grinding lower in a descending channel to 57.78, matching the session-open low for a double bottom, then snapped back to 58.63 into the NY session on the softer US PPI backdrop. Current bar retraces ~62% of the 59.01–57.78 leg; RSI(14) recovered to the high-50s from oversold. Rally stalling just under the 58.73 session high.
Support: 57.782
Resistance: 58.728, 59.00
What it said to watch
M15 close above 58.73 opens the 59.00 rejection zone
Failure to hold 57.78 confirms a lower low toward 57.22
Warsh testimony 14:00 UTC (~1h out) could shift this read
Silver swept the session low at 57.78 in NY hours, then rebounded sharply to 58.73 before settling at 58.54; the 57.78 area matches the window's earlier low, forming a double bottom. Soft US PPI kept the USD heavy, but the $59.00 rejection zone still caps rebounds. RSI back near midline after the snapback.
Support: 57.782
Resistance: 58.728, 59.00
What it said to watch
Reclaim and hold above 59.00 needed to challenge the rejection zone
Loss of 57.78 session low opens the path lower
Warsh testimony 14:00 UTC could materially shift this read
Lower highs into descending channel, recent higher low forming.
Silver bled from 59.65 to a 57.78 session low through NY hours, then snapped back to 58.41 on a sharp recovery candle. Soft US PPI kept the dollar heavy but the descending channel and repeated failures under 59.00 keep sellers in control; 57.78–57.86 has now held twice.
Support: 57.782, 57.22
Resistance: 59.00
What it said to watch
M15 close below 57.78 confirms a lower low, exposes 57.22
Reclaim of 59.00 needed to break the descending channel
Fed's Warsh testimony 14:00 UTC could materially shift this read
NY session swept the intraday low at 57.78 then snapped back hard to 58.50, XAG reclaiming its EMA20 as softer US PPI reinforced the disinflation read. Price stalled just under the 58.50 session high with RSI(14) recovering back through midline.
Support: 57.782, 58.05
Resistance: 58.50, 59.00
What it said to watch
M15 close above 58.50 opens the path to the 59.00 rejection zone
Failure to hold 57.78 confirms a lower-low and exposes 58.05 breakdown
Warsh testimony 14:00 UTC could materially shift this read
Descending intraday channel, sweep of session low then reversal.
Silver spent the session grinding lower inside a descending channel, then swept the 57.78 low on the 12:30 GMT PPI release before snapping back to 58.35 on the biggest bar of the day. RSI(14) has lifted from oversold toward the midline as the sweep was rejected; 58.54 swing high and the 59.00 psych cap the recovery.
Support: 57.782
Resistance: 58.54, 59.00
What it said to watch
M15 close above 58.54 opens the path to 59.00
Failure to hold 57.78 exposes 57.22 support
Warsh testimony 14:00 GMT could materially shift this read
Silver carved lower highs inside a descending channel all session before a sharp bounce off the 57.78 session low into the 12:30 GMT PPI release, closing at 58.35 with RSI(14) back to neutral. Price reclaimed the EMA20 but sits below the EMA50 and still under channel resistance; 59.00 remains the capped rejection zone flagged all week.
Support: 57.782
Resistance: 58.54, 59.00
What it said to watch
Sustained M15 close above 58.54 challenges the descending channel top
Failure to hold 57.78 exposes downside continuation
PPI reaction and Warsh testimony (14:00 GMT) could materially shift this read
12:17 UTC
Downtrend, bouncing off lows · RSI 47 · price 58.154
Descending channel, lower highs into recent swing low.
Silver ground lower through the NY session inside a descending channel, printing twin lows at 57.83 before a bounce back to 58.15; RSI(14) recovering off the mid-40s. The early-window pop to 59.64 on the soft-CPI USD pullback has fully faded, with supply capping every lower high. US PPI lands at 12:30 GMT — an imminent catalyst.
Support: 57.84, 57.22
Resistance: 58.30
What it said to watch
US PPI at 12:30 GMT can immediately reprice this M15 read
Close below 57.84 confirms a lower-low and exposes 57.22
Reclaim of 58.30 pivot needed to challenge the channel's descending top
12:17 UTC
Downtrend, bounce off lows · RSI 46 · price 58.154
Descending channel, lower highs and lows.
Silver has bled lower all session inside a descending channel after the early CPI-driven spike to 59.64 failed, printing lower highs into the London-NY transition. Buyers stepped in twice at 57.83 and price has recovered to 58.15, but it remains capped below the 58.29 pivot with RSI(14) mid-range near 46.
Support: 57.83, 57.22
Resistance: 58.29, 58.54
What it said to watch
US PPI at 12:30 UTC (~15 min) can materially shift this read
Reclaim of 58.29 needed to challenge the 58.54 session high and break channel structure
Loss of 57.83 confirms a lower low and exposes 57.22
Silver has ground lower through a descending channel since the early spike rejected the 59.00 area, printing a session low at 57.83 before a shallow bounce to 58.16 into the London-NY transition. Price sits below EMA20 and EMA50 with RSI(14) mid-40s — soft, not oversold. US CPI miss fuelled Tuesday's pop but follow-through has stalled.
Support: 57.827
Resistance: 58.539, 59.014
What it said to watch
US PPI at 12:30 UTC (imminent) could materially shift this read
M15 close back above 58.54 prior high would break the channel of lower highs
Loss of 57.83 session low confirms continuation lower toward 57.22
Silver stayed pinned in a descending channel after the early spike to 59.65 faded; price ground down through NY hours to a session low at 57.83 before a small bounce back to 58.16. The move follows this week's soft-CPI pop stalling under 59.00, with sellers capping every rally.
Support: 57.827, 57.22
Resistance: 58.40, 59.00
What it said to watch
US PPI at 12:30 GMT (~30m) could materially shift this read
Break of 57.83 session low exposes 57.22
M15 close above 58.40 challenges the channel's lower-high sequence
Descending channel, lower highs since 59.65 spike.
Silver spiked to 59.65 on the soft CPI aftermath then faded the entire session inside a descending channel, printing lower highs into 58.14. Price has bounced off the 57.91 session low, RSI(14) hovering mid-40s with no momentum extreme.
Support: 57.909, 57.22
Resistance: 58.54
What it said to watch
US PPI at 12:30 GMT (~45m) could materially shift this read
M15 close above 58.54 breaks the descending channel structure
Loss of 57.91 session low exposes 57.22 support
11:47 UTC
Downtrend, bounce off lows · RSI 44 · price 58.144
Lower highs, lower lows in descending channel.
Silver rejected the 59.00 area after an early spike to 59.64 and ground lower through the session, printing a fresh low at 57.91 before a modest bounce to 58.14. Price sits below EMA20 and EMA50 with RSI(14) near 43 — structure stays lower-high, lower-low within the descending channel.
Support: 57.909, 57.716
Resistance: 58.544, 59.00
What it said to watch
US PPI at 12:30 GMT (~45m) could materially shift this read
Close back above 58.54 needed to break the lower-high chain
Lower highs and lower lows within descending channel.
Silver rejected the 59.00 area early and has bled lower through the day inside a descending channel, now pressing session lows near 57.92 below the 58.00 psych level. RSI(14) around 41 with price under EMA20/50; the earlier spike to 59.64 has been fully unwound.
Support: 57.83, 57.22
Resistance: 58.00
What it said to watch
M15 close below 57.83 exposes 57.22, then the 55.63 low cited in the digest
Reclaim of 58.00 would ease the intraday downside pressure
US PPI at 12:30 GMT (~1h) could materially shift this read
Silver rejected the $59 area yesterday and has ground lower through the session inside a descending channel, now probing swing lows near 57.92 with RSI(14) in the mid-30s. The soft-CPI bounce has fully faded; price sits below both EMAs with sellers capping every retest of 58.05.
Support: 57.83, 57.72
Resistance: 58.05
What it said to watch
US PPI at 12:30 UTC (~1h) — HIGH-impact print that could shift this read
M15 close below 57.83 opens 57.72 range low
Reclaim of 58.05 needed to ease near-term downside pressure
11:17 UTC
Downtrend, grinding lower · RSI 34 · price 57.854
Lower highs, lower lows within descending channel.
Silver is grinding lower in a descending channel through the NY session after fading yesterday's $59 rejection, printing session lows near 57.85 with RSI(14) around 34. The 58.05 broken level now caps as resistance; no bounce attempt yet.
Support: 57.716, 57.22
Resistance: 58.05
What it said to watch
Loss of 57.716 opens the path toward the 57.22 support
M15 close back above 58.05 would break the descending channel and challenge the read
US PPI at 12:30 UTC (~1.25h) is a high-impact risk that could shift this read
11:17 UTC
Downtrend, sliding into support · RSI 34 · price 57.854
Lower highs and lower lows within descending channel.
Silver has bled lower through the NY session, printing a lower-high chain and now testing 57.85 after rejection near the 58.3 swing high. RSI(14) around 33 with price pinned below EMA20/50; move follows this week's failed push through the $59.00 area.
Support: 57.72, 57.22
Resistance: 58.30
What it said to watch
US PPI at 12:30 UTC (~1.25h) could materially shift this read
Break below 57.72 swing low exposes 57.22
Reclaim of 58.3 needed to break the lower-high chain
11:03 UTC
Downtrend, at session lows · RSI 36 · price 57.946
Descending channel, lower highs and lows.
Silver spiked to 59.64 on the soft-CPI pop early in the window, then bled steadily lower through a descending channel back to session lows near 57.91, RSI(14) around 36. Rejection at the 59.00 area held and price is now retesting the base of the range as the NY session develops.
Support: 57.909, 57.716, 57.22
Resistance: 58.16, 58.29, 59.00
What it said to watch
US PPI at 12:30 GMT (~1.5h) could materially shift this read
Close below 57.90 exposes 57.716 then the 57.22 range base
Reclaim of 58.29 needed to break the descending channel
11:03 UTC
Downtrend, fading from spike · RSI 38 · price 57.946
Lower highs, lower lows within descending channel.
Silver spiked to 59.64 mid-window on the soft-CPI USD pullback, then bled back to the 57.9 session low in a steady descending channel — the entire pop has now been unwound. Price is pressing the session low with RSI(14) near 37, no reclaim of the 58.25 swing yet.
Support: 57.909, 57.716
Resistance: 58.25
What it said to watch
US PPI at 12:30 UTC (~1.5h) could materially shift this read
M15 close below 57.90 exposes the 57.716 prior low, then 57.22
Reclaim of the 58.25 swing needed to stall the descending channel
Silver has drifted lower within a descending channel after Tuesday's soft-CPI spike to 59.65 faded; price broke to session lows near 57.90 before stabilising at 57.98. RSI(14) subdued around 40, price under both EMAs, with the prior high at 58.30 and session high 58.44 capping bounces.
Support: 57.909, 57.716
Resistance: 58.30, 58.444
What it said to watch
US PPI at 12:30 UTC (~2h) could materially shift this read
Reclaim of 58.30 prior high needed to ease downside pressure
10:47 UTC
Downtrend, grinding lower · RSI 38 · price 57.984
Descending channel, lower highs/lows.
Silver rejected the $59.00 area after the post-CPI pop and has bled lower through London in a descending channel of lower highs and lows. Now retesting the 57.90 swing low with RSI(14) near 38; supply capping each bounce around 58.34.
Support: 57.909, 57.716
Resistance: 58.34, 58.44
What it said to watch
M15 close above 58.44 breaks the descending channel structure
Failure to hold 57.90 exposes the 57.72 prior low
US PPI at 12:30 GMT (~1.5h) could materially shift this read
10:32 UTC
Downtrend, momentum heavy · RSI 35 · price 58.017
Lower highs and lower lows, descending channel.
M15 grinding lower in a descending channel; London-session selling broke the 58.20 shelf to a session low of 57.909, RSI(14) near 34. Follow-through from Tuesday's soft-CPI pop has fully stalled with supply capping into 58.5.
Support: 57.909, 57.716
Resistance: 58.54
What it said to watch
Close back above 58.54 needed to challenge the channel top
Loss of 57.909 exposes 57.716 next
US PPI at 12:30 GMT (~2h) could materially shift this read
Silver spiked to 59.65 mid-window then bled back inside a descending channel, printing steady lower highs into NY hours; the last bar broke to a session low at 57.909 before closing 58.017. RSI(14) near 39 with price under EMA20/50 — supply capping every push toward 58.44.
Support: 57.909, 57.72
Resistance: 58.44
What it said to watch
M15 close above 58.44 breaks the lower-high chain
Break below 57.909 exposes 57.72
US PPI at 12:30 GMT (~2h) could materially shift this read
Lower highs off 59.65 spike, consolidating near lows.
Silver rejected the 59.00 area and bled through a descending channel back to the 58.00 handle after the post-CPI pop stalled. Last few hours have coiled into a tight 58.20–58.44 consolidation, RSI(14) mid-40s. US PPI at 12:30 UTC (~2h) is the immediate risk.
Support: 57.984, 57.716
Resistance: 58.444
What it said to watch
US PPI at 12:30 UTC could materially shift this read
Close below 57.98 confirms a lower-low toward 57.72
Reclaim of 58.44 needed to break the descending channel
Silver rolled over from the CPI-driven spike to 59.64 and has ground down into a tight 58.00–58.44 band through the NY session, RSI(14) stuck in the mid-40s. Price sits below EMA20/50 with lower highs intact; the 59.00 area rejection flagged in context still caps.
Support: 58.00, 57.98
Resistance: 58.44, 58.54, 59.00
What it said to watch
M15 close above 58.54 invalidates the consolidation-near-lows read
Break of 57.98 exposes the 57.22 area below
US PPI at 12:30 UTC (~2.5h) could materially shift this read
10:03 UTC
Downtrend, drifting off CPI spike high · RSI 43 · price 58.232
Lower highs since the 59.65 spike, descending.
Silver has bled lower off the 59.65 CPI-reaction spike, printing lower highs down to 58.23 in the London session. The 58.54 area capped the last push and rejection held; RSI(14) sits mid-40s with price below EMA20 and EMA50.
Support: 58.00, 57.72
Resistance: 58.54, 59.00
What it said to watch
US PPI at 12:30 UTC (~2.5h) could break the sub-58.50 structure
M15 close above 58.54 rejection zone challenges the descending highs toward the 59.00 psych level
Loss of the 58.00 swing low exposes the 57.72 prior low
Silver rejected the 59.65 spike high and has ground lower in a descending channel, printing lower highs into 58.23. Price sits just under EMA20/EMA50 with RSI(14) mid-40s; supply is capping bounces around 58.54 while 58.03 holds the recent base.
Support: 58.033, 57.985
Resistance: 58.544
What it said to watch
M15 close above 58.544 breaks the lower-high sequence
Loss of 58.033 exposes the 57.985 prior low
US PPI at 12:30 UTC (~2.5h) could materially shift this read
Silver spiked to 59.65 on yesterday's soft US CPI print then faded in a descending channel of lower highs. Price is now consolidating 57.98–58.54 with RSI(14) neutral near 49; the recovery off 57.98 has stalled around 58.30 into the London-NY transition.
Support: 57.984, 57.716
Resistance: 58.539
What it said to watch
Close above session high 58.54 challenges the descending channel
Silver spiked to 59.65 on the soft CPI relief yesterday then bled lower into a descending series of lower highs, rejected repeatedly near the 59.00 cap. Price has since based between 58.00 and 58.54 in London hours, chopping around EMA20 with RSI near neutral — no clean directional read in play.
Support: 58.00, 57.98
Resistance: 58.54, 58.68, 59.00
What it said to watch
M15 close below 58.00 confirms a lower low toward 57.22
Reclaim of 58.54 needed to challenge the 58.68/59.00 caps
US PPI + Empire State at 12:30 UTC and Warsh testimony 14:00 UTC could shift this read
Silver has been carving lower highs inside a descending channel since the CPI spike faded from 59.64, with sellers capping at 58.54. Price bounced off the 57.98 session low during London hours and is grinding back to reclaim EMA20 near 58.34, RSI recovering to ~53.
Support: 57.98, 57.72
Resistance: 58.54, 59.00
What it said to watch
M15 close above 58.54 breaks the descending channel and opens the 59.00 cap
Failure to hold 57.98 exposes the 57.72 swing low
US PPI at 12:30 UTC could materially shift this read
Descending channel of lower highs, holding $58.00.
Silver was rejected at the $59.00 cap earlier and drifted lower through London in a descending channel of lower highs. Demand stepped in near $58.00 on the last dip, lifting price back to 58.34 with RSI(14) mid-range near 51, no extreme.
Support: 57.98, 57.72
Resistance: 58.54, 59.00
What it said to watch
US PPI at 12:30 UTC (~3h) could materially shift this read
M15 close above 58.54 breaks the lower-high sequence
Failure to hold 58.00 opens 57.72
09:17 UTC
Downtrend, basing near 58.00 · RSI 48 · price 58.307
Lower highs off 59.65, holding 58.00 floor.
Silver spiked to 59.65 on the soft US CPI then bled lower through the NY session, printing steady lower highs and settling into a 58.00-58.55 range. Buyers stepped in twice at 57.98-58.03 and price is grinding back toward the 58.54 swing high; RSI(14) near 48, neutral.
Support: 57.984, 58.03
Resistance: 58.539, 58.688
What it said to watch
M15 close below 57.98 confirms a lower low and reopens the descending channel
Reclaim of 58.54 puts the 58.69 prior high back in play
US PPI at 12:30 GMT (~3h out) could materially shift this read
Lower highs since $59.5 spike, double bottom at 58.0.
Silver spiked to 59.64 on yesterday's soft CPI then bled lower inside a descending channel, printing a double bottom near 58.00 during the London session. Price is grinding back to 58.30 against EMA20; the 58.54 swing high caps the bounce with the 59.00 channel top still unbroken.
Support: 58.03, 57.98
Resistance: 58.54, 59.00
What it said to watch
M15 close above 58.54 opens a retest of the 59.00 psych cap
Loss of 58.03/57.98 double bottom confirms a lower low
US PPI at 12:30 UTC could sharply reprice this read
09:04 UTC
Pullback fading, now basing · RSI 53 · price 58.371
Consolidation after CPI spike, holding above 58.00.
Silver popped ~2% to 59.64 on yesterday's soft US CPI, then faded steadily and has spent the last ~10h consolidating 58.00–58.55. Current bar recovering to 58.37 off the 57.98 base; RSI(14) mid-range, no extreme in play.
Support: 58.00, 57.72
Resistance: 58.55, 58.69
What it said to watch
US PPI at 12:30 GMT could materially shift this read
Loss of 58.00 exposes 57.72 swing low
M15 close above 58.55 targets the 58.69 session high
Declining lower highs, bounce from 58.00 double bottom.
Silver bounced ~2% off the CPI print yesterday to 59.65, then bled back through the London session into a double bottom near 58.00. Buyers stepped in twice around 57.98-58.03 and price is grinding back up to 58.37, RSI(14) recovering to mid-50s but capped by a chain of lower highs.
Support: 58.00, 57.98
Resistance: 58.54
What it said to watch
US PPI at 12:30 UTC (~3h out) can materially shift this read
Silver has drifted off yesterday's CPI-driven spike to 59.66, grinding out lower highs through the session. London hours held 58.0 twice and price has reclaimed 58.35 with RSI(14) back near 51; the lower-high chain stays intact below 58.54.
Support: 57.98
Resistance: 58.54
What it said to watch
M15 close above 58.54 breaks the lower-high sequence
Loss of 57.98 day low reopens downside toward 57.22
US PPI at 12:30 UTC could materially shift this read
Silver faded the CPI relief spike to 59.66 all through London, carving lower highs down to a 57.98 swing low where buyers stepped in twice. Price has since recovered to 58.35, back above EMA20 but capped under the 58.54 swing high; RSI(14) has climbed back to neutral from the earlier washout.
Support: 57.984
Resistance: 58.54
What it said to watch
US PPI at 12:30 UTC and Warsh testimony 14:00 UTC could materially shift this read
Loss of 57.98 confirms a lower-low and reopens downside
Close above 58.54 breaks the intraday lower-high sequence
The CPI-driven spike to 59.66 has fully unwound; price drifted lower through the session on a lower-high chain and is now retesting the 58.0 area where buyers stepped in twice. RSI sits mid-range, price under EMA20 — US PPI at 12:30 GMT is the next catalyst.
Support: 57.984, 58.033
Resistance: 58.539
What it said to watch
US PPI at 12:30 GMT could materially shift this read
Loss of 57.98 session low confirms continuation of the down-leg
M15 close above 58.54 breaks the lower-high sequence
Yesterday's 12:30 UTC CPI miss spiked silver to 59.66; since then price has bled steadily lower in a descending channel back to 58.26. Buyers stepped in around 58.00 on the last leg, bouncing to 58.26, but the chain of lower highs from the spike remains intact.
Support: 58.00, 57.72
Resistance: 58.54
What it said to watch
US PPI at 12:30 UTC (~1h) is the key catalyst and could break this range
Loss of 58.00 confirms a fresh lower-low toward 57.72
M15 close above 58.54 breaks the lower-high sequence
The CPI-driven spike to 59.65 has fully faded, price grinding back into the pre-spike zone near 58.00 with a chain of lower highs through the NY and Asian sessions. RSI mid-40s and price below both EMAs; a small bounce off the 57.984 swing low into the London open.
Support: 57.984
Resistance: 58.539
What it said to watch
M15 close below 57.984 confirms a fresh lower low
Reclaim of 58.539 needed to stall the fade
US PPI 12:30 GMT and Warsh 14:00 GMT could materially shift this read
Lower highs since CPI pop, retracing toward pre-spike base.
The soft-CPI spike to 59.64 has fully unwound — price has bled lower through a descending channel and now sits at 58.14, near session lows and right on the 0.786 retrace of the CPI pop. RSI(14) mid-40s, price below EMA20 and EMA50 as the intraday bid keeps fading.
Support: 58.03, 57.98, 57.72
Resistance: 58.39
What it said to watch
M15 close below 58.00 opens the path to 57.72 pre-spike low
Reclaim of 58.39 swing high needed to stall the fade
US PPI at 12:30 UTC could materially shift this read
08:03 UTC
Downtrend, fading from spike high · RSI 37 · price 58.104
Lower highs since CPI spike, testing session lows.
Silver round-tripped yesterday's CPI-driven spike, rallying to 59.66 then fading through the session to lows near 58.00 where buyers stepped in on the last few bars. Lower highs intact and RSI(14) soft near 37; US PPI at 12:30 GMT is the next catalyst.
Support: 57.98, 57.72
Resistance: 58.54
What it said to watch
M15 close below 58.00 opens 57.72 prior low
Reclaim of 58.54 breaks the lower-high sequence
US PPI at 12:30 GMT could materially shift this read
08:03 UTC
Downtrend after spike, fading · RSI 43 · price 58.104
Lower highs since 59.64 spike, retraced back to 58.10.
Silver spiked ~2% to 59.64 on soft-CPI relief yesterday, then faded the entire pop back to 58.10 through the London-NY session on a chain of lower highs. Price now sits below EMA20/50 with RSI(14) around 42; the session low at 57.98 is the near-term pivot.
Support: 57.98, 57.72
Resistance: 58.54
What it said to watch
M15 close below 57.98 confirms a lower low and opens 57.72
Reclaim of 58.54 needed to stall the fade
US PPI at 12:30 UTC could materially shift this read
The CPI-driven pop to 59.64 on July 14 has fully unwound, with price back at 58.05 near the pre-spike base. Sellers have printed lower highs through the London-NY fade and into Asia; RSI(14) sub-40 confirms the momentum lean lower.
Support: 57.985, 57.716
Resistance: 58.345
What it said to watch
Close below 57.98 confirms continuation toward 57.72 pre-spike low
Reclaim of 58.35 needed to stall the lower-high sequence
US PPI at 12:30 GMT could materially shift this read
Silver has bled lower through the NY-into-Asia hours after the CPI-driven pop to 59.66 faded, printing lower highs and now pressing the 58.00 round number. RSI(14) mid-40s, price below EMA20 and EMA50 with no reversal signal in play.
Support: 57.984, 57.716
Resistance: 58.54
What it said to watch
M15 close below 57.984 opens the path to 57.72 swing low
Reclaim of 58.54 prior high needed to break the descending sequence
US PPI at 12:30 UTC and Warsh testimony 14:00 UTC could materially shift this read
07:32 UTC
Downtrend since CPI pop, near session low · RSI 41 · price 58.112
Lower highs grinding into 58.00 support.
Silver spiked ~1.7 to 59.64 on yesterday's soft US CPI, then ground steadily lower through a descending channel back to 58.11 — a ~78.6% retrace of that pop. Price is pressing the 57.98 session low with RSI(14) near 41; the 58.54 lower-high caps upside.
Support: 57.984, 57.716
Resistance: 58.54, 59.64
What it said to watch
M15 close below 57.98 confirms continuation lower toward 57.72
Reclaim of 58.54 breaks the descending resistance and negates the down-channel
US PPI at 12:30 GMT could materially shift this read
Silver is grinding lower on M15, fading from yesterday's CPI-driven spike high of 59.65 in a chain of lower highs. Sellers capped the last push at 58.54 and price is now probing the 58.00 round level, RSI sub-50 with no momentum bounce yet.
Support: 58.00, 57.72
Resistance: 58.54
What it said to watch
M15 close below 58.00 opens the 57.72 swing low
Reclaim of 58.54 needed to challenge the lower-high sequence
US PPI at 12:30 GMT could materially shift this read
XAG faded most of yesterday's CPI-driven spike to $59.66, drifting back to $58.34 on a chain of lower highs. Now consolidating $58.03–58.54 into the London session, RSI(14) mid-40s with price trading under both EMA20 and EMA50.
Support: 58.03
Resistance: 58.54
What it said to watch
Close below 58.03 opens a retest toward 57.72
Reclaim of 58.54 needed to break the lower-high chain
US PPI at 12:30 UTC could materially shift this read
Silver spiked to 59.66 on the soft US CPI reaction then bled back through the session, printing a chain of lower highs into 58.33. Buyers stepped in at 58.03 on the last leg but the 58.54 recent high is capping the bounce.
Support: 58.033
Resistance: 58.539, 59.66
What it said to watch
Close below 58.03 confirms a fresh lower low
Reclaim of 58.54 needed to challenge the descending resistance
US PPI 12:30 GMT and Warsh testimony 14:00 GMT could materially shift this read
Silver rolled over from yesterday's CPI-driven spike to 59.66, printing lower highs through London into a 58.03 session low before a modest bounce to 58.32. RSI(14) mid-40s and price is under EMA20/50, with descending resistance capping rallies. US PPI at 12:30 GMT is the next catalyst.
Support: 58.033, 57.716
Resistance: 58.544
What it said to watch
M15 close above 58.54 breaks the lower-high sequence
Loss of the 58.03 session low exposes 57.72 prior low
US PPI 12:30 GMT and Warsh 14:00 GMT could shift this read
07:03 UTC
Downtrend, bouncing off lows · RSI 45 · price 58.319
Lower highs within descending channel.
Silver has bled lower in a descending channel since the CPI-driven spike to 59.66, printing lower highs into the 58.03 session low where buyers stepped in for a bounce to 58.32. RSI(14) near 44 with price below both EMAs; NY session still capped under 58.54.
Support: 58.033, 57.94
Resistance: 58.54
What it said to watch
US PPI at 12:30 GMT is the immediate risk to this read
Close below 58.033 opens 57.94 swing low
Reclaim of 58.54 needed to break the channel resistance
The CPI-driven spike to 59.657 has bled off through a steady lower-high sequence, with price now pressing session lows at 58.245. RSI(14) near 41 and price under both EMAs; sellers capped the last bounce at 58.55.
Support: 58.033, 57.788
Resistance: 58.546
What it said to watch
Loss of 58.033 confirms a fresh lower-low and opens 57.79
M15 close back above 58.55 breaks the lower-high chain
US PPI at 12:30 GMT (~6h) and Warsh testimony at 14:00 GMT could reset this read
Lower highs since CPI spike, retesting session low.
Yesterday's CPI-driven spike to 59.66 has fully faded, with price grinding lower in a descending channel and printing lower highs sub-58.55. Now retesting the session low at 58.03, RSI(14) mid-40s with no extreme.
Support: 58.03, 57.94
Resistance: 58.55
What it said to watch
M15 close above 58.55 breaks the lower-high chain
Loss of 58.03 exposes the 57.94 spike base
US PPI at 12:30 GMT / Warsh testimony 14:00 could shift this read
Lower highs since 59.66 peak, pressing session lows.
Silver spiked ~3% off 57.72 to 59.66 on yesterday's soft US CPI, then bled back through the descending channel, carving lower highs. Price now 58.12 near the session low at 58.03 with RSI mid-40s; the entire CPI move has largely retraced.
Support: 58.033, 57.716
Resistance: 58.546
What it said to watch
M15 close below 58.03 opens the swing low at 57.72
Reclaim of the lower-high line and 58.55 would stall the descent
US PPI at 12:30 GMT and Warsh at 14:00 GMT could materially shift this read
Silver spiked near 59.66 on the soft June CPI print then bled back, printing a chain of lower highs and now testing the session low at 58.03. RSI(14) around 41 with price under EMA20/50; the CPI relief pop has been largely retraced.
Support: 58.033, 57.938
Resistance: 58.546
What it said to watch
M15 close below 58.03 confirms a lower low, exposing 57.94
Reclaim of 58.55 needed to break the descending-highs sequence
US PPI at 12:30 GMT could materially shift this read
06:17 UTC
Downtrend, fading the CPI pop · RSI 44 · price 58.248
Lower highs since spike, retracing the up-move.
Silver spiked ~2% to 59.66 on yesterday's 12:30 UTC soft US CPI print, but the entire pop has since been faded back to 58.25 in a clean chain of lower highs. Price sits below EMA20/50 with RSI(14) mid-40s; sellers capped the last bounce at 58.55.
Support: 58.129, 57.94
Resistance: 58.546, 59.657
What it said to watch
M15 close below 58.13 confirms continuation toward the 57.94 pre-spike zone
Reclaim of 58.55 needed to stall the descending sequence
US PPI at 12:30 GMT and Warsh testimony 14:00 GMT could materially shift this read
Silver spiked to 59.65 on yesterday's soft US CPI, then bled lower in a descending channel, printing lower highs and now grinding the 58.13 swing low. Early London has price pinned near session lows at 58.25, RSI(14) mid-40s with no oversold signal.
Support: 58.13, 57.94
Resistance: 58.55
What it said to watch
US PPI at 12:30 GMT and Warsh testimony 14:00 GMT could materially shift this read
Close below 58.13 confirms channel continuation toward 57.94
Reclaim of 58.55 session high needed to break the lower-high sequence
XAG spiked to 59.66 on yesterday's soft US CPI print, then bled lower through the session to a 58.13 swing low before bouncing to 58.52. Lower highs at 59.01 and 58.70 have capped every recovery; RSI(14) has lifted off its lows to mid-range as price twice held the 58.13 area.
Support: 58.13
Resistance: 58.70, 59.01
What it said to watch
M15 close above 58.70 swing high breaks the lower-high sequence
Failure to hold 58.13 swing low reopens downside toward the pre-spike base
US PPI at 12:30 GMT could materially shift this read
Silver spiked ~2% into 59.66 on yesterday's soft US CPI, then bled back through the session forming a chain of lower highs into 58.13. Price now stabilising near 58.52 mid-range, RSI back to neutral after cooling from the spike; supply capped the 58.90 session high on the last push.
Support: 58.129, 57.94
Resistance: 58.70, 58.93
What it said to watch
US PPI at 12:30 GMT could materially shift this read
M15 close above 58.70 negates the lower-high sequence
Loss of 58.13 confirms continuation lower toward 57.94
Silver spiked ~2% to 59.66 on the soft US CPI print, then bled back within a descending channel, printing lower highs and now grinding at session lows near 58.35. RSI(14) in the low-40s with price below EMA20/50 as the post-spike unwind persists.
Support: 58.13, 57.72
Resistance: 58.68
What it said to watch
M15 close below 58.13 confirms a fresh lower low toward 57.72
Close above 58.68 breaks the lower-high chain off the spike
US PPI at 12:30 GMT could materially shift this read
Lower highs bleeding off the 59.66 spike, testing session lows.
Silver spiked ~2% to 59.66 on the soft US CPI print ~17h ago, then bled lower in a lower-high chain and is now probing the 58.13 session low with RSI(14) mid-40s. Rallies into 58.50/58.70 have been faded through the Asia session.
Support: 58.13, 57.79
Resistance: 58.50, 58.70
What it said to watch
M15 close below 58.13 confirms a fresh lower-low toward 57.79
Reclaim of 58.70 breaks the lower-high sequence
US PPI at 12:30 GMT and Warsh testimony 14:00 GMT could reset this read
Silver spiked ~2% to 59.66 on yesterday's soft US CPI then bled steadily lower through the Asia session, now retesting the session low at 58.13 with RSI(14) soft near 41. Lower highs from 59.05 down to 58.55 keep the intraday drift heavy; price sits back below its EMAs after fully unwinding the spike.
Support: 58.129, 58.00
Resistance: 58.55, 59.05
What it said to watch
M15 close below 58.13 confirms a lower low, opening 58.0
Reclaim of 58.55 needed to break the lower-high sequence
US PPI at 12:30 GMT and Warsh testimony 14:00 GMT could reshape this read
Silver spiked to 59.65 on the soft US CPI print then rolled over, printing a lower-high chain (59.01, 58.69, 58.55) back down to the session low at 58.13. Momentum is heavy with RSI(14) near 41 and price under both EMAs; 58.50 capped the last bounce.
Support: 58.13, 57.94
Resistance: 58.50, 58.69
What it said to watch
M15 close below 58.13 confirms a lower-low, exposes 57.94
Reclaim of 58.50 breaks the lower-high sequence
US PPI at 12:30 GMT and Warsh testimony at 14:00 GMT could reset this read
Lower highs since the spike, pressing session low.
Silver spiked ~2% to 59.66 on the soft US CPI print, then bled lower through the session in a chain of lower highs back to the 58.19 session low. Now 58.25, capped by the descending highs around 58.55 and holding just above the 58.00 round number ahead of PPI.
Support: 58.19, 58.00
Resistance: 58.55
What it said to watch
US PPI at 12:30 GMT is the main risk to this intraday read
M15 close below 58.19 session low exposes the 58.00 round number
Reclaim of 58.55 breaks the lower-highs sequence
05:17 UTC
Pullback, lower highs · RSI 42 · price 58.25
Descending, testing session low.
Silver spiked to 59.65 on the soft US CPI print then bled back, printing lower highs and rolling over to 58.25 near the session low at 58.19. Last bar rejected 58.55, RSI(14) sub-42 with price under both EMAs.
Support: 58.19, 58.00
Resistance: 58.55, 58.90
What it said to watch
M15 close below 58.19 confirms a lower low toward 58.00
Close above 58.55 breaks the descending line, opening 58.90
US PPI 12:30 GMT and Warsh testimony 14:00 GMT could materially shift this read
Silver spiked ~2% to 59.66 on the soft US CPI print midday yesterday, then faded in a descending channel to a session low of 58.19 before bouncing to 58.53. Lower highs keep the structure heavy sub-59, RSI back at mid-range.
Support: 58.19
Resistance: 58.70
What it said to watch
M15 close above 58.70 breaks the lower-high chain
Loss of 58.19 session low exposes the 57.94 area
US PPI at 12:30 GMT and Warsh testimony 14:00 GMT could reset this read
Lower highs off 59.65, consolidating near session lows.
Silver's ~2% CPI-driven spike to 59.65 has faded into a chain of lower highs, with price now consolidating around 58.53 after buyers defended the 58.19 session low. Rallies have been capped below 58.70; RSI(14) sits mid-range with no momentum edge.
Support: 58.19, 58.00
Resistance: 58.70, 59.00
What it said to watch
Close above 58.70 opens the path back toward 59.00
Failure to hold 58.19 exposes the 58.00 round level
US PPI at 12:30 GMT could materially shift this read
Lower highs since the CPI spike, drifting toward session lows.
Silver spiked ~2% to 59.66 on the soft US CPI, then faded steadily through the day into a session low at 58.19 before stabilising near 58.40, below EMA20. Lower highs remain intact and the 58.50 level has capped the last few pushes.
Support: 58.19
Resistance: 58.50, 58.93
What it said to watch
A close back above 58.50 rejection opens the path toward the 58.93 session high
Loss of 58.19 session low confirms continuation lower
US PPI at 12:30 GMT and Warsh testimony at 14:00 GMT could materially shift this read
Silver spiked to 59.66 on yesterday's soft US CPI then bled back through a descending channel, printing a chain of lower highs into 58.40. Price is below EMA20/50 and sitting just above the 58.19 session low; RSI(14) mid-40s, no extreme.
Support: 58.19, 57.94
Resistance: 58.70
What it said to watch
Close above 58.70 breaks the lower-high sequence
Loss of 58.19 exposes the 57.94 swing low
US PPI at 12:30 GMT is the main near-term risk to this read
Lower highs since post-CPI peak, now consolidating.
Silver spiked ~2% to 59.65 on the soft US CPI print ~16h ago, then bled back through a chain of lower highs to print a session low at 58.19. Price is now consolidating 58.2–58.5 in the Asia session, holding just under EMA20 with RSI(14) mid-range.
Support: 58.19, 58.00
Resistance: 58.68, 59.00
What it said to watch
M15 close below 58.19 confirms a lower low and exposes the 58.00 psych level
Reclaim of the 58.68 swing high needed to challenge the 59.00 round number
US PPI at 12:30 GMT and Warsh testimony at 14:00 GMT could materially shift this read
Descending from post-CPI high, chain of lower highs.
Silver spiked to 59.66 on the soft US CPI print, then bled steadily lower into a chain of lower highs, now trading 58.46 in the Asian range and sub-EMA20. Sellers capped the last bounce at 58.69 and price is holding just above the 58.19 session low; RSI(14) neutral near 44.
Support: 58.191, 57.716
Resistance: 58.688, 59.657
What it said to watch
Reclaim above 58.69 lower high needed to break the descending sequence
Loss of 58.19 session low exposes 57.72 prior low
US PPI at 12:30 GMT and Warsh testimony 14:00 GMT could materially shift this read
Descending from post-CPI high, bounce off session low.
Silver spiked to 59.64 on the soft June CPI print then faded steadily, carving lower highs from 59.65 to 58.69 through the drift lower. Price is now hovering above the 58.19 session low after a bounce, holding below EMA20/50 with RSI(14) around 43.
Support: 58.19, 57.94
Resistance: 58.688
What it said to watch
M15 close below 58.19 confirms a lower-low and opens 57.94
Reclaim of 58.688 swing high would break the lower-high sequence
US PPI at 12:30 GMT is the main near-term risk to this read
Retracing CPI spike, descending highs into session low.
Silver spiked ~2% to 59.66 on yesterday's soft US CPI print, then faded steadily through NY into Asia, printing lower highs. Price now grinds near the session low at 58.19 after retracing roughly 75% of the CPI move; RSI(14) mid-range at ~42, both EMAs capping overhead.
Support: 58.191, 57.938
Resistance: 58.698, 59.657
What it said to watch
US PPI at 12:30 GMT is the key near-term risk and could reset this read
Descending channel off the spike high, lower highs into session low.
XAGUSD gapped to 59.64 on yesterday's soft US CPI at 12:30 GMT, then rolled over into a descending channel, printing lower highs through the Asia session. Price marked a session low at 58.19 before a small bounce to 58.47; RSI(14) sits mid-40s, still capped under the channel top at 58.70.
Support: 58.191, 57.94
Resistance: 58.70, 59.01
What it said to watch
M15 close above 58.70 breaks the descending channel and reopens 59.01
Loss of 58.19 session low confirms channel continuation toward 57.94
US PPI at 12:30 GMT and Warsh testimony at 14:00 GMT could materially shift this read
04:03 UTC
Pulling back after CPI spike, lower highs · RSI 41 · price 58.465
Descending off 59.65 high, near session low.
Silver spiked to 59.65 on the soft US CPI print, then bled lower through a descending channel into Asia hours; price sits at 58.47 just above the 58.19 session low. Sequence of lower highs intact, RSI(14) mid-40s with no divergence.
Support: 58.19
Resistance: 58.69
What it said to watch
Close below 58.19 confirms a lower low and extends the channel
Reclaim of 58.69 breaks the lower-high sequence
US PPI at 12:30 GMT and Warsh testimony 14:00 GMT could materially shift this read
Fading off 59 spike, printing lower highs into Asia session.
Silver's ~2% CPI relief spike to 59.66 has faded through the Asian session, with price now grinding lower off a rejection at 58.69 and cutting through EMA20/50 near 58.6. Structure is a chain of lower highs; last closed bar 58.33 sits just above the session low at 58.19 on thin Asian volume.
Support: 58.191, 58.00
Resistance: 58.688
What it said to watch
Break of 58.19 session low exposes the 58.00 round number
Reclaim of 58.69 swing high needed to break the lower-high sequence
US PPI at 12:30 GMT could materially shift this read
Silver spiked to 59.66 on the soft US CPI print then rolled over, printing lower highs and grinding back to a session low of 58.19; price now sits at 58.33 below both EMAs with RSI(14) near 41. The 58.69 swing high is the near-term rejection level, 58.19 the floor being tested during Asia hours.
Support: 58.191, 58.00
Resistance: 58.688
What it said to watch
Close above 58.69 breaks the lower-high sequence
Loss of 58.19 confirms continuation lower toward 58.00
US PPI at 12:30 GMT could materially reset this read
03:32 UTC
Pulling back off CPI spike high · RSI 38 · price 58.275
Lower highs since spike, testing session low.
Asian session is grinding lower off the soft-CPI relief spike that tagged 59.65, with price now retracing back to the session low near 58.19. Rejection at the 58.68 swing high stamped in the lower-high chain; RSI(14) around 38 as the pullback extends.
Support: 58.19, 57.94
Resistance: 58.68, 59.65
What it said to watch
Break of 58.19 session low exposes the 57.94 swing low
Reclaim of 58.68 swing high would stall the lower-high sequence
US PPI 12:30 UTC and Warsh testimony 14:00 UTC could materially shift this read
Silver rocketed to 59.66 on the soft CPI print ~15h ago, then bled steadily lower through the session into Asia hours. Now printing lower lows near 58.19 with RSI(14) around 39; the descending channel off the spike high stays intact.
Support: 58.19
Resistance: 58.68, 59.66
What it said to watch
Close below 58.19 confirms continuation of lower lows
M15 close above 58.68 breaks the descending structure
US PPI 12:30 UTC and Warsh testimony 14:00 UTC could materially shift this read
Grinding lower off post-CPI spike, LH chain intact.
Thin Asia-session tape after yesterday's soft-CPI spike to 59.64 faded; price is grinding lower under a chain of lower highs, last rejected at 58.688. Now pressing back toward the session low near 58.24 with RSI(14) mid-range.
Support: 58.237, 58.00, 57.94
Resistance: 58.688
What it said to watch
Close above 58.688 breaks the lower-high sequence
Break of 58.237 session low exposes 58.0 round number then 57.94 swing low
US PPI 12:30 UTC and Warsh testimony 14:00 UTC could materially shift this read
XAGUSD spiked to 59.66 on the soft US CPI print, then bled lower through the Asia session and is now pressing the session low near 58.24. A chain of lower highs (59.05, 58.69) keeps the pullback intact with RSI(14) around 42; today's US PPI and Warsh testimony are the key intraday risks.
Support: 58.237
Resistance: 58.688, 59.014
What it said to watch
M15 close above 58.688 breaks the lower-high sequence
Failure to hold 58.237 confirms a fresh lower-low
US PPI 12:30 GMT and Warsh testimony 14:00 GMT could reshape this read
Silver's soft-CPI spike to 59.66 has steadily unwound through NY into Asia, printing lower highs and now grinding under EMA20 at 58.51. A range break below the 58.70 support flushed to a 58.24 session low before a shallow bounce; RSI(14) mid-40s, no momentum extreme in play.
Silver spiked to 59.66 on yesterday's soft US CPI print, then rolled into a descending channel and has drifted back to 58.51 in the Asia session. Price sits below EMA20/50, capped by the 58.69 recent high with 58.24 as the session floor after buyers held it into the bounce.
Support: 58.237
Resistance: 58.688, 59.657
What it said to watch
Reclaim of 58.69 would break the sequence of lower highs
Loss of 58.24 session low confirms channel continuation
US PPI at 12:30 GMT could materially shift this read
Silver spiked ~2% to 59.65 on yesterday's soft US CPI, then drifted lower in a descending channel of lower highs. Sellers rejected 59.0 on the last push, price flushed to the session low at 58.24 before buyers stepped back in toward 58.67; RSI(14) mid-40s, no clear intraday setup.
Support: 58.24
Resistance: 58.95, 59.37
What it said to watch
M15 close below 58.24 confirms a lower low and extends the channel
Reclaim of 58.95 needed to re-challenge 59.37
US PPI 12:30 GMT and Warsh testimony 14:00 GMT could materially shift this read
02:33 UTC
Pullback off intraday highs · RSI 44 · price 58.503
Lower highs since the CPI spike, range low broken.
Silver spiked ~2% to 59.65 on yesterday's soft US CPI, then drifted lower through NY into a descending series of lower highs. The 58.6–58.9 Asian range gave way, dropping price to a 58.24 session low before a modest bounce back to 58.50; RSI(14) mid-40s, price under EMA20 and EMA50.
Support: 58.237, 57.94
Resistance: 58.90
What it said to watch
M15 close below 58.24 exposes the 57.94 prior swing
Reclaim of 58.90 swing high needed to reset the lower-high sequence
US PPI at 12:30 GMT and Warsh testimony 14:00 GMT could materially shift this read
Fading a CPI-relief spike, printing lower highs into session low.
Silver spiked to 59.657 on the soft-CPI relief bounce then faded through Asia hours, carving lower highs and slipping back to the 58.24 session low. Price now trades under EMA20/50 near 58.50 with RSI(14) around 43 — momentum has cooled well off the spike.
Support: 58.24, 58.00
Resistance: 58.93, 59.37, 59.657
What it said to watch
M15 close below 58.24 confirms a lower low, exposing 58.00
Reclaim of 58.93 negates the fade and reopens 59.37
US PPI 12:30 GMT and Warsh testimony 14:00 GMT could materially shift this read
02:17 UTC
Post-spike fade, rolling lower · RSI 40 · price 58.338
Lower highs since CPI spike, breaking consolidation low.
Yesterday's CPI-driven spike to 59.64 has fully faded; price consolidated 58.4-59.0 through the Asian session then broke lower, now 58.34 with RSI(14) near 40. Rejection near the 59.0 recent high and a chain of lower highs into this session.
Support: 58.237, 57.94
Resistance: 58.51, 59.01
What it said to watch
M15 close back above 58.51 negates the breakdown
loss of 58.24 session low opens 57.94
US PPI 12:30 GMT and Warsh testimony could shift this read
02:17 UTC
Pullback after CPI spike, short-term down · RSI 39 · price 58.338
Post-spike consolidation breaking lower.
Silver spiked to 59.65 on yesterday's soft US CPI print, then consolidated 58.6–59.0 through the NY session before the Asian session leaked lower. Price has now broken the 58.51 shelf to a session low at 58.24 with RSI cooling into the high-30s.
Support: 58.237, 58.00
Resistance: 58.51, 59.05
What it said to watch
M15 close below 58.24 opens 58.00 then 57.22
Reclaim of 58.51 negates the leg down and revisits the session high
US PPI at 12:30 GMT could materially shift this read
02:03 UTC
Pullback after CPI spike · RSI 39 · price 58.351
Range breaking down from 58.5.
Silver rocketed from 57.9 to 59.64 on yesterday's soft US CPI, then faded and coiled in a 58.5–59.0 range through the London-NY sessions. Early Asia sold that range floor, dropping to 58.32 with RSI(14) cooling near 38; price now testing the 58.5–58.19 retracement zone of the spike leg.
Support: 58.325, 58.00
Resistance: 59.05
What it said to watch
M15 close back above 58.5 restores the prior range
Yesterday's soft US CPI spiked silver to 59.64, then it consolidated between 58.5 and 59.0 through the session. The last three bars sold off from the 59.0 session cap to a fresh session low at 58.32, RSI cooling toward 38.
Support: 58.32, 57.94
Resistance: 59.01, 59.64
What it said to watch
M15 close below 58.32 opens the prior range at 57.94
Reclaim of 59.01 session cap needed to negate the rollover
US PPI at 12:30 GMT could materially shift this read
01:48 UTC
Pulling back after CPI spike · RSI 43 · price 58.522
Lower highs off 59.65, consolidation floor broken.
Silver rocketed to 59.65 on yesterday's soft US CPI, then bled into a 58.6-59.0 consolidation through the Asia session. The last bar broke that floor sharply to 58.44 before stabilising at 58.52, RSI(14) at 43.
Support: 58.44, 57.94
Resistance: 59.01, 59.65
What it said to watch
M15 close back above 59.01 negates the lower-high sequence
Silver rocketed to 59.65 on the soft US CPI print yesterday, then spent the session chopping in a 58.5–59.0 range. The last bar broke the range low with a sweep to 58.44 during Asia hours, RSI(14) cooling into the low 40s and price now under EMA20/50.
Support: 58.441, 58.06
Resistance: 59.014
What it said to watch
M15 close below 58.44 opens 58.06 base
Reclaim of 59.00 range top needed to resume the CPI-relief bounce
US PPI + Warsh testimony at 12:30/14:00 GMT could reshape this read
01:32 UTC
Recovering, consolidating near highs · RSI 59 · price 58.835
Consolidation above 58.50 after CPI breakout.
Silver spiked from 57.9 to 59.6 on yesterday's soft US CPI print, then eased into a 58.47–59.01 consolidation. Asia session is grinding back off a rising base toward the 59.01 recent high, RSI(14) mid-range near 59.
Support: 58.47
Resistance: 59.01, 59.60
What it said to watch
M15 close above 59.01 reopens the 59.60 cpi high
Loss of the 58.47 swing low breaks the rising base
US PPI + Warsh testimony later today could shift this read
Silver ripped from 57.79 to 59.65 on yesterday's soft US CPI print, then consolidated and carved higher lows from 58.47. Price is grinding back toward the 59.05 session high in thin Asia-session trade, RSI(14) near 61.
Support: 58.61, 58.47
Resistance: 59.05, 59.65
What it said to watch
Reclaim of 59.05 session high opens the path back to the 59.65 spike high
Loss of 58.61 swing low breaks the rising sequence and exposes 58.47
US PPI at 12:30 GMT plus Warsh testimony are the next catalysts
01:17 UTC
Post-spike consolidation, edging up · RSI 61 · price 58.977
Range above 58.46 after CPI breakout.
Silver spiked from 57.94 to 59.66 on the soft US CPI at 12:30 GMT, then consolidated 58.5–59.0 through NY into Asia. Price is grinding back toward the 59.02 recent high with RSI mid-range; the 58.46 session low has held on the pullback.
Support: 58.46
Resistance: 59.02, 59.66
What it said to watch
M15 close above 59.02 reopens the 59.66 spike high
Loss of 58.46 confirms a lower low and breaks the consolidation
US PPI at 12:30 GMT could materially shift this read
01:17 UTC
Recovering within post-CPI range · RSI 61 · price 58.977
Consolidation under session high after breakout.
Silver spiked to 59.64 on the soft US CPI miss during NY hours, then consolidated 58.47–59.02 into the Asia session. Price is edging back toward 59.02 in quiet, thin Asian trade, RSI(14) mid-range near 61.
Support: 58.72, 58.47
Resistance: 59.02, 59.33, 59.64
What it said to watch
M15 close above 59.02 opens the path to 59.33 then the 59.64 spike high
Failure to hold 58.72 exposes the 58.47 swing low
US PPI Wed 12:30 GMT could materially shift this read
Silver ripped from ~57.9 to 59.65 on yesterday's soft US CPI print, then bled back into a 58.47-59.00 consolidation. Thin Asia session is grinding higher lows, now retesting the 59.00 round number with RSI near 60.
Support: 58.47, 58.15
Resistance: 59.00, 59.37, 59.65
What it said to watch
M15 close above 59.00 opens the 59.37-59.80 ema cap
Failure to hold 58.47 confirms a lower-low and reopens 58.15
US PPI Wed 12:30 GMT could materially shift this read
Silver spiked to 59.65 on the soft US CPI print before fading into a consolidation between 58.47 and 59.01. Asia-session bars are grinding back higher, sitting on the 38.2% retrace of the CPI leg at 58.94 with the 59.00 psych cap in sight.
Support: 58.47, 57.94
Resistance: 59.01, 59.53, 59.65
What it said to watch
close above 59.01 opens the path to 59.53
failure to hold 58.47 exposes 57.94
US PPI Wed 12:30 GMT could materially shift this read
00:47 UTC
Recovered off lows, ranging near pullback highs · RSI 55 · price 58.827
Consolidation after CPI-driven breakout spike.
Silver ripped from sub-58 to 59.64 on the soft US CPI print, then unwound half the move and has coiled into a tight 58.47–58.91 range through the quiet Asia session. RSI(14) neutral near 55 with price holding above EMA20/50; no setup in play while the range holds.
Support: 58.467
Resistance: 58.91, 59.19
What it said to watch
M15 close above 58.91 reopens the 59.19 post-cpi high
Failure below 58.47 exposes the pre-spike area sub-58
US PPI + Warsh testimony later today could break this range
Silver spiked to 59.66 on the soft US CPI print around 12:30 UTC, then faded through NY and settled into a 58.47–58.90 range. Asia hours are grinding back toward the session high at 58.90 with RSI(14) mid-band, structure still contained.
Support: 58.47
Resistance: 58.90, 59.18
What it said to watch
M15 close above 58.90 opens 59.18 swing high
Loss of 58.47 confirms a lower-low and range break
US PPI Wed 12:30 GMT is a high-impact catalyst for this read
00:32 UTC
Uptrend cooling into consolidation · RSI 58 · price 58.878
Post-spike range after CPI impulse.
Silver ripped from 57.79 to 59.64 on yesterday's soft US CPI print, then bled back and has been ranging 58.61–58.90 through the thin Asia session. RSI(14) neutral near 58, price holding above EMA20/50 with the recent session high at 58.90 capping.
Support: 58.61, 58.467, 57.788
Resistance: 58.90, 59.18, 59.643
What it said to watch
M15 close above 59.18 reopens the 59.64 spike high
Loss of 58.61 range low exposes 58.47 swing low
US PPI Wed 12:30 GMT could materially shift this read
Yesterday's soft US CPI spiked silver to 59.66 before it faded into a 58.47–58.90 range. Price is grinding back toward the session high at 58.90 during Asia hours, RSI mid-range, with higher lows building support off 58.47.
Support: 58.47
Resistance: 58.90, 59.18, 59.66
What it said to watch
M15 close above 58.90 opens the spike base at 59.18
Loss of 58.47 swing low reopens downside toward 57.22
US PPI Wed 12:30 GMT could shift this read
00:17 UTC
Range after CPI spike · RSI 55 · price 58.754
Consolidation under session high.
Silver spiked to 59.64 on yesterday's soft US CPI during NY hours, then bled back and has chopped in a tight 58.60–58.83 band through the Asia session. RSI(14) neutral near 55, price holding above EMA20/50 with no intraday setup in play.
Support: 58.60, 58.47
Resistance: 58.83, 59.20
What it said to watch
M15 close above 58.83 reopens the 59.20 area
Loss of 58.60 exposes 58.47 swing low
US PPI Wed 12:30 GMT could materially shift this read
00:17 UTC
Consolidation after impulse spike · RSI 54 · price 58.754
Ranging near highs post-CPI breakout.
Silver ripped to 59.65 on yesterday's soft US CPI print, then bled back and has spent the last several hours coiling in a tight 58.47–58.83 band. RSI(14) neutral near 54; price holding above EMA20/50 but no directional push into thin late-session liquidity.
Support: 58.47, 58.00
Resistance: 58.83, 59.19, 59.65
What it said to watch
M15 close above 58.83 reopens the 59.19 prior high
Loss of 58.47 confirms a lower-low back toward 58.00
US PPI Wed 12:30 GMT could break this range
00:03 UTC
Consolidating after CPI spike · RSI 52 · price 58.761
Post-breakout range, holding pullback.
Silver ripped from sub-58 to 59.66 on yesterday's soft US CPI print, then bled back into a 58.60–58.83 range. Asia session is thin (volume fading) with price coiling near the range top and holding above the 58.47 swing low.
Support: 58.60, 58.47
Resistance: 58.83, 59.18
What it said to watch
M15 close above 58.83 range high reopens the 59.18 spike zone
Loss of 58.47 swing low signals deeper unwind of the CPI move
US PPI Wed 12:30 GMT is the next material driver for this read
00:03 UTC
Up-leg fading into consolidation · RSI 53 · price 58.761
Post-spike range under the high, lower highs.
Silver ripped to 59.657 on yesterday's soft US CPI, then bled back and has consolidated around 58.7, printing lower highs below the spike top. RSI(14) neutral near 53, ATR ~82 pips; price is holding the 58.60–58.83 range in thin late-session trade.
Support: 58.60, 58.467
Resistance: 58.83, 59.19, 59.657
What it said to watch
M15 close above 58.83 reopens the 59.19 prior high
Loss of 58.47 swing low confirms a deeper fade of the spike
US PPI Wed 12:30 GMT could materially shift this read