XAG/USD AI Live Scan, 15-minute chart, Thursday, 15 October 2026
Every read JAFX AI made on the XAG/USD 15-minute chart that day, newest first: trend, structure, the levels it marked and what it said to watch.
23:47 UTC
Intraday uptrend, pulling back in Asia · RSI 43 · price 57.095
NY higher-high/higher-low chain to 57.517, lower highs every bar since reopen.
NY hours extended the post-PPI rebound to a 57.517 day high as yields and the USD slid. The Asia session reopen has since bled back to 57.10, the 61.8% fib of the 56.834–57.517 leg, printing lower highs on every bar with the 57.068 session low and 57.00 round number just below.
Support: 57.068, 57.00, 56.834
Resistance: 57.212, 57.435, 57.517
What it said to watch
Holding 57.068 session low and the 57.00 round number keeps the NY higher-low chain intact
Break of the 56.834 swing low ends the intraday higher-low sequence
Recovery above the 57.212 prior high, then 57.435 session high, negates the Asia pullback
Warsh speaks at 03:30 UTC (~3.75h); a hawkish lean on the hot PPI could materially shift this read
NY higher lows intact; lower highs since the 57.517 high.
Silver absorbed the hot-PPI dip to 56.292 and built a higher low at 56.469, then another higher low at 56.834, before printing a 57.517 ny high at 20:00 UTC, in line with the yield and softer-USD bounce flagged in the digest. Early Asia has slipped every bar from the 57.435 reopen high, losing the 57.237 prior high and ema20; price is now retesting the 19:30 breakout base near the 38.2% fib (57.05), with the 57.00 round number just below.
Support: 57.00, 56.834, 56.469
Resistance: 57.237, 57.435, 57.517
What it said to watch
Close below the 57.00 round number exposes the 50% fib (56.90) and the 56.834 ny swing low
Recovery above the 57.237 prior high and ema20 neutralises the Asia pullback, with the 57.435 reopen high and 57.517 ny high above
Break of the 56.469 higher low unwinds the NY higher-low sequence
Warsh speaks at 03:30 UTC (~4h). A hawkish lean on CPI/PPI that lifts yields could reverse the bounce
HH/HL chain from 56.47; pullback retesting the 57.21 prior high.
Silver held a HH/HL chain through NY as falling yields and a softer USD drove the bounce. The 12:30 UTC PPI spike to 56.29 was bought, and the move printed a 57.52 day high late in NY. Early Asia has faded from the 57.41 reopen high into a retest of the 57.21 prior high, with RSI(14) back near 50 and the 61.8% fib/breakout base at 57.09 below.
Support: 57.21, 57.09, 56.83
Resistance: 57.41, 57.52
What it said to watch
M15 close below 57.09 (61.8% fib, breakout base) breaks the HL sequence and exposes the 56.83 swing low
Recovery through the 57.41 reopen high puts the 57.52 day high back in play
Warsh speaks at 03:30 UTC (~4h); a hawkish lean on CPI/PPI would test the yield-driven bounce and could materially shift this read
23:03 UTC
Intraday uptrend, pulling back in early Asia · RSI 52 · price 57.245
Higher lows through NY into a 57.517 session high; lower highs since reopen.
Silver extended its NY-session higher-low chain (56.29, 56.47, 56.83) to a 57.517 session high as falling yields and a softer USD outweighed the hot PPI print. Since the reopen, early Asia has carved lower highs from the 57.435 asia high and is retesting the 57.21 prior high, sitting between the 38.2% and fib 50% of the 56.834–57.517 leg, just under EMA20.
Support: 57.212, 57.176, 56.834
Resistance: 57.435, 57.517
What it said to watch
M15 close below the 57.21 prior high and the 57.176 fib 50% exposes the 56.834 swing low
Break of the 56.834 swing low ends the intraday higher-low chain
Recovery above the 57.435 asia high clears the lower highs and reopens the 57.517 session high
Fed Chair Warsh at 03:30 UTC could materially shift this read via yields and the USD
22:47 UTC
Intraday uptrend, pausing at session open · RSI 55 · price 57.307
NY higher-low chain intact; shallow pullback off the 57.517 high.
London broke the prior Asian range top near 56.36. NY then built higher lows from the 56.29 PPI spike, and the rally ran to a 57.517 NY high as falling yields and a softer USD outweighed the hot data. The new Asia session is easing in thin trade to a 57.29 asia low, with RSI(14) cooled to ~55 and price holding just above EMA20 near 57.25.
Support: 57.293, 57.05, 56.834
Resistance: 57.435, 57.517
What it said to watch
Warsh speaks at 03:30 UTC; a hike-leaning tone could materially shift this read
Failure to hold the 57.29 asia low exposes the fib 38.2 and the 18:00 UTC base near 57.05
An M15 close below the 56.834 swing low breaks the NY higher-low chain
Reclaim of the 57.435 asia high puts the 57.517 ny high back in focus
Higher lows since post-PPI spike; tight early-Asia consolidation under 57.517.
Buyers absorbed the 12:30 UTC hot-PPI spike to 56.29, and silver then printed higher lows at 56.47 and the 56.834 swing low as falling yields softened the USD, topping at the 57.517 NY high. Early Asia is holding a narrow band above the 57.324 asia low, about a quarter of the way into the swing low to NY high leg. RSI(14) has cooled to about 58.
Support: 57.324, 57.212, 56.834
Resistance: 57.517
What it said to watch
M15 close above the 57.517 NY high resumes the higher-high sequence
Loss of the 57.324 asia low exposes the 57.21 prior high, which lines up with the 38.2% fib of the swing low to NY high leg
A break of the 56.834 swing low ends the intraday higher-low chain
Warsh speaks at 03:30 UTC, about 5h away; a hawkish lean that lifts yields could unwind the yield-led bounce
HH/HL chain from 56.29 post-PPI low; tight consolidation 57.36–57.44.
NY hours extended the higher-low chain from the 56.292 post-PPI spike low through the 57.212 prior high to a 57.517 session high. Falling yields and a softer USD outweighed the hot PPI and retail sales beats. After the 22:00 UTC reopen, price is coiling in a 57.36–57.44 range floor/cap below the high, with the 56.834 swing low and the rising trendline as deeper structure.
Support: 57.36, 57.212, 56.834
Resistance: 57.517, 58.00
What it said to watch
M15 close below the 57.36 range floor exposes the 57.212 prior high as the first retest area
Close above the 57.517 session high extends the HH chain toward the 58.00 psych level
Loss of the 56.834 swing low and the rising trendline breaks the intraday higher-low sequence
Fed Chair Warsh at 03:30 UTC: a hawkish lean on CPI/PPI could reverse the yield-driven bounce
HH/HL chain since the 05:30 UTC low; 57.21 prior high broken.
Silver extended its HH/HL chain through NY hours. The hot PPI print left only a 12:30 UTC wick to 56.29, as falling yields and a softer USD carried price through the 57.21 prior high to a 57.517 session high. Late-NY drift is holding the last hr low at 57.36 near the rising HL line, with RSI(14) cooling from overbought.
Support: 57.36, 57.21, 56.834
Resistance: 57.517, 58.00
What it said to watch
Failure to hold the 57.21 prior high would put the breakout in question; a break of the 56.834 swing low ends the HL chain
Close above the 57.517 session high opens the 58.00 round number
Warsh speaks at 03:30 UTC, during the Asia session; a hawkish lean and a rebound in yields could materially shift this read
A slip below the 57.36 last hr low and the rising HL line would mark the first lower-low since 17:00 UTC
HH/HL chain from 56.47; tight 57.36–57.52 consolidation after breakout.
Silver broke the Asian range high at 56.36 in London and extended in NY, shrugging off the 12:30 UTC hot PPI/retail sales spike to 56.29 as falling yields and a softer USD carried the bounce. A late-NY push cleared the 57.21 prior high to a 57.517 session high. Price is now holding a 57.36 micro low above the rising trendline from 56.47, with RSI(14) cooling to 66 into the close.
Support: 57.36, 57.21, 57.12
Resistance: 57.517, 58.00
What it said to watch
M15 close back below the 57.21 prior high would mark the late-NY breakout as a false break
Loss of the rising trendline near 57.33 and the 57.36 micro low exposes the fib 38.2 at 57.12
Clearance of the 57.517 session high extends the HH chain toward the 58.00 round number
Warsh speech Fri 03:30 UTC could reverse the yield-driven bounce if he pulls hike risk forward
HH/HL chain from the 55.70 early-Asia low; late-NY consolidation above 57.21.
Silver has printed higher lows all day off the 55.70 early-Asia low. It broke the 57.21 prior high late in NY to a 57.52 session high, well clear of the 56.57 August low, as falling yields and a softer USD outweighed the hot PPI and retail sales beats. Price is now holding near 57.40 on the rising trendline with RSI(14) cooling to about 70.
Support: 57.21, 56.83, 56.57
Resistance: 57.52, 58.00
What it said to watch
Close back below the 57.21 prior high turns the NY breakout into a false break
Loss of the rising trendline near 57.33, then the 56.83 swing low, breaks the higher-low chain
Acceptance above the 57.52 session high opens the 58.00 round number
Warsh speaks at 03:30 UTC in the Asia session; a hawkish tone that lifts yields could put the 56.57 August low back in focus
Higher highs and higher lows since the NY data spike; holding just below the session high.
The NY-open data dump wicked silver to 56.29, but falling yields and a softer USD absorbed the hot PPI. Price then built higher lows at 56.47 and the 56.83 swing low, and a late-NY leg cleared the 57.21 prior high to a 57.52 session high. Price is now drifting at 57.36–57.46 with a pullback low at 57.36, RSI(14) cooling from the high-60s and ATR(14) near 110 pips.
Support: 57.36, 57.21, 56.834
Resistance: 57.517, 58.00
What it said to watch
Break below the 57.36 pullback low puts the 57.21 prior high and the 38.2% fib near 57.26 in focus as retest zones
Loss of the 56.83 swing low and the higher-low trendline breaks the intraday HH/HL chain
Close above the 57.52 session high reopens the path toward the 58.00 psych level
Fed Chair Warsh speaks Fri 03:30 UTC (~6.5h): a hawkish lean on CPI/PPI could reverse the yield-led bounce
HH/HL chain from 56.469 NY low; late-NY breakout above 57.212.
Silver extended its yield- and softer-USD-driven rebound through NY. Price cleared the 57.212 prior high to a 57.517 session high late in the session and is now easing near 57.38. The higher-low chain from the 56.469 NY low and the 56.834 swing low is intact, with RSI(14) cooling from the high 70s to about 67.
Support: 57.212, 56.834, 56.469
Resistance: 57.517, 58.00
What it said to watch
A close back below the 57.212 prior high would turn the late-NY breakout into a false break
A loss of the 56.834 swing low and the rising trendline would break the higher-low chain toward the 56.469 NY low
Acceptance above the 57.517 session high opens the 58.00 round number
Hammack remarks and Warsh at 03:30 UTC could materially shift the yield-driven read
Higher lows since the 56.834 swing low; 57.212 prior high broken.
Silver cleared the Asian range high at London open. The post-data dip to 56.292 was bought, and the late-NY leg off the 56.834 swing low, with a higher low at 56.979, broke the 57.212 prior high and set a session high at 57.517. The bounce tracks falling yields and a softer USD despite hot PPI and retail sales; the last two bars are easing off the high with RSI(14) near 68.
Support: 57.212, 56.979, 56.834
Resistance: 57.517, 58.00
What it said to watch
Hammack (20:30 UTC, live now) and Warsh (Fri 03:30 UTC) could reprice yields and materially shift this read
M15 close back below the 57.212 prior high would mark a false break and put the rising trendline under test
Loss of the 56.979 higher low, then the 56.834 swing low, breaks the NY leg's higher-low chain
Close above the 57.517 session high opens the 58.000 round number
20:17 UTC
Uptrend, extending into late NY · RSI 76 · price 57.46
HH/HL chain from the 55.70 early-London low, fresh session high at 57.517.
Silver broke the 57.21 prior high during late NY and set a session high at 57.517. Falling yields and a softer USD outweighed the hot PPI and retail sales prints, which produced only a brief dip to 56.29 at 12:30 UTC. RSI(14) near 76 is hot but not extreme. The 56.83 swing low anchors the higher-low chain, holding above rising support and the 38.2% fib.
Support: 57.21, 56.834, 56.469
Resistance: 57.517, 58.00
What it said to watch
Hammack at 20:30 UTC and Warsh at 03:30 UTC Fri could materially shift this read
Failure to hold the 57.21 prior high on a retest puts the 56.83 swing low back in play
M15 close below the 56.83 swing low breaks rising support and the higher-low chain, exposing the 56.47 higher low
Rejection at the 57.517 session high vs a close above it, which opens the path to 58.00 psych
20:03 UTC
Uptrend, extended into late NY · price 57.50
Higher lows since the PPI low; NY consolidation broken higher.
Silver cleared the 57.24 top of the NY consolidation at 19:30 UTC and is pressing the session high at 57.50. That extends a higher-low chain off the 56.29 PPI low, with falling yields and a softer USD outweighing the hot PPI print. RSI(14) sits near 79, stretched late in NY hours.
Support: 57.24, 56.83, 56.29
Resistance: 57.505, 58.00
What it said to watch
Hammack at 20:30 UTC could materially shift this read
A close back below the 57.24 breakout would turn the move into a false break
Loss of the 56.83 swing low and the rising trendline breaks the higher-low chain
58.00 round number is next overhead; Warsh at 03:30 UTC Fri is the bigger risk
19:47 UTC
Uptrend, fresh session high · RSI 75 · price 57.445
HH/HL chain through NY, prior high cleared.
Silver extended its higher-low chain in late NY hours. It cleared the 57.21–57.24 prior high to a session high at 57.459 as falling yields and a soft USD outweighed the hot PPI print. Higher lows at 56.47 and the 56.83 swing low define the rising trendline, and the 38.2% fib of the 56.83–57.46 leg sits on the prior high. RSI(14) at 75 is hot but not extreme.
Support: 57.237, 56.834
Resistance: 57.459, 57.50
What it said to watch
An M15 close back below the 57.24 prior high would turn the breakout into a false break.
Losing the 56.83 swing low breaks the higher-low chain and the rising trendline.
Acceptance above the 57.50 psych level extends the session-high breakout.
Hammack at 20:30 UTC and Warsh at Fri 03:30 UTC could materially shift this read via yields and the USD.
Higher-low chain since the PPI spike low, testing the 57.24 session high.
Silver has built higher lows since the PPI spike, from the 56.47 NY low to the 56.83 swing low and the 56.98 minor low, as the yield-led USD slide outweighed the hot data. Late in NY the move printed a marginal 57.24 session high that the latest bar rejected, with RSI(14) cooling to about 62 within the retracement grid of the 56.47–57.24 NY swing.
Support: 56.98, 56.83, 56.47
Resistance: 57.24, 57.50
What it said to watch
M15 close above the 57.24 session high extends the higher-high chain toward the 57.50 round number
Break of the 56.98 minor low, then the 56.83 swing low, breaks the higher-lows trendline
Loss of the 56.47 NY low unwinds the post-PPI leg
Hammack at 20:30 UTC and Warsh at 03:30 UTC could reprice yields and shift this read
19:16 UTC
Intraday uptrend, retesting the session high · RSI 62 · price 57.196
Higher-low chain since Asia; price pressing the 57.212 session high.
Silver broke above the 55.47–56.36 Asian range at London open. It has stacked higher lows since, and late in the NY session it is retesting the 57.212 session high. The 12:30 UTC hot PPI/retail data drew a whipsaw to 56.292, but falling yields carried price higher. The 17:00 UTC pullback held the 56.834 swing low, near the 38.2% of the NY leg, and RSI(14) is around 62, not stretched.
Support: 57.023, 56.834, 56.469
Resistance: 57.212, 57.50
What it said to watch
M15 close above the 57.212 session high opens the 57.50 round number
Loss of the 57.023 prior high puts the 56.834 swing low back in focus
Break below the 56.469 higher low ends the intraday HL chain and the NY-leg fib, with 56.57 overhead as the old August low
Hammack speaks at 20:30 UTC and Warsh at Fri 03:30 UTC; either could materially shift this read via yields and USD
19:04 UTC
Uptrend, consolidating below the day high · RSI 60 · price 57.146
Higher lows since the NY data spike; tight late-NY range 56.83–57.21.
Silver cleared the Asian range high at 56.36 at London open and extended to a 57.212 session high in NY. Yields slid and dug into the dollar despite the hot PPI and retail sales, and the 12:30 UTC data spike to 56.29 found demand. Late NY is coiling under the high with a higher swing low at 56.834 on the rising trendline, RSI(14) near 60.
Support: 56.834, 56.57
Resistance: 57.212, 57.50
What it said to watch
M15 close above the 57.212 session high extends the higher-high chain toward the 57.50 round number
Break of the 56.834 swing low and the rising trendline marks a lower low, with the 56.57 aug low (old August low) next below
Hammack at 20:30 UTC and Warsh on Fri at 03:30 UTC could materially shift this read through yields and USD
Pullback deeper than the 38.2% of the Asia-to-high fib (~56.64) would undercut the breakout structure
Higher lows since the 12:30 UTC data spike; tight 56.83–57.14 range in late NY.
London broke above the 55.47–56.36 Asian range, and the hot PPI/retail sales spike to the 56.292 data low at 12:30 UTC was bought as yields and the USD slid, carrying price to a 57.212 session high. Since 15:15 UTC price has compressed between the 56.834 range low, just under the 38.2% fib, and the 57.137 range high. RSI has cooled to ~51 with lows still rising.
Support: 56.834, 56.469, 56.292
Resistance: 57.137, 57.212
What it said to watch
M15 close below the 56.834 range low breaks the higher-low chain and exposes the 56.469 ny swing low
Close above the 57.137 range high and 57.212 session high resumes the leg; failure there keeps the range intact
Loss of the 56.292 data low unwinds the whole post-release rally
Fed's Hammack at 20:30 UTC and Warsh Fri 03:30 UTC; a hawkish tone and rebound in yields could fade the bounce
HH/HL chain since 56.469, compressing below 57.212.
Silver cleared the Asian range high near 56.36 at London open, and the 12:30 UTC PPI wick to 56.29 was reclaimed as falling yields outweighed the hot data. Higher lows at the 56.469 post-ppi low and the 56.834 swing low, about 50% of the post-ppi leg, hold under the 57.212 session high. Late NY has stalled with a lower high at 57.137 and RSI(14) flat near 50.
Support: 56.834, 56.469
Resistance: 57.137, 57.212
What it said to watch
M15 close above the 57.212 session high extends the higher-high chain
Loss of the 56.834 swing low breaks the higher lows and exposes the 56.469 post-ppi low
Rejection at the 57.137 lower high keeps the late-NY range intact
Fed's Hammack at 20:30 UTC and Warsh Fri 03:30 UTC could materially shift this read via yields and USD
HH/HL chain from 55.703; tight 56.83–57.21 consolidation since 15:15 UTC.
London open broke the Asian range high at 56.356. NY then extended the higher-high/higher-low chain to a 57.212 session high, looking past the hot 12:30 UTC PPI and retail sales dip to 56.292 as yields fell and the USD softened. The old aug low near 56.57 has been reclaimed, and price is now compressing above EMA20 between the 56.834 swing low and a 57.137 lower high, with RSI(14) neutral near 51.
Support: 56.834, 56.57, 56.469
Resistance: 57.137, 57.212
What it said to watch
Break of the 56.834 swing low and the rising trendline (~56.78) would end the higher-low sequence and expose the 56.57 aug low
A close above the 57.137 lower high and the 57.212 session high would resume the uptrend leg
Loss of the 56.469 ny low, near the 50% fib of the intraday rally, would retrace over half the move
Hammack at 20:30 UTC and Warsh on Fri 03:30 UTC could shift yields and the USD, and with them this read
Higher lows from 56.29 → 56.47 → 56.83; consolidating under 57.21.
London broke the Asian range high at 56.36 and the 12:30 UTC PPI/retail-sales spike to the 56.29 data low was absorbed as yields and the USD faded. Higher lows carried silver to a 57.21 session high, and the late-NY pullback low at 56.83 held near the 50% retracement. Price is now pressing the 57.07 minor high, with RSI(14) neutral at 57.
Support: 56.834, 56.469, 56.292
Resistance: 57.071, 57.212
What it said to watch
M15 close above the 57.21 session high extends the higher-high chain
Break below the 56.83 pullback low and the higher-lows trendline would shift focus back to the 56.47 higher low
Loss of the 56.29 data low would erase the NY bounce and put price back toward the Asian range
Hammack at 20:30 UTC and Warsh at 03:30 UTC Fri could materially shift this read via yields/USD
Higher lows since the 12:30 UTC data spike; tight 56.83–57.21 range late in NY.
Silver shrugged off the hot 12:30 UTC PPI and retail sales data. The spike to 56.292 was bought, and the NY leg from the 56.469 NY low ran to a 57.212 session high as yields and the USD faded. The late-NY pullback held the 56.834 swing low, near the 50% of that leg, so the higher-low chain is intact, with RSI(14) near 58.
Support: 56.834, 56.469
Resistance: 57.071, 57.212
What it said to watch
Close below the 56.834 swing low breaks the NY higher-low trendline and exposes the 56.469 NY low
Close above the 57.071 minor high and then the 57.212 session high extends the NY leg
Fed's Hammack at 20:30 UTC and Chair Warsh at 03:30 UTC Fri could materially shift this read
HH/HL chain from 55.70; late-NY consolidation 56.83–57.07.
London broke the 56.36 Asian range high. NY extended the higher lows to a 57.21 session high, and the dip to the 56.29 ppi low was reclaimed within the hour as yields and the USD faded the hot PPI print. Late NY is compressing between the 56.83 swing low and a 57.07 lower high, with RSI(14) neutral near 56.
Support: 56.83, 56.57, 56.29
Resistance: 57.07, 57.21
What it said to watch
Failure to hold the 56.83 swing low exposes the 56.57 aug low and the 38.2% fib near 56.64
Close above the 57.21 session high extends the HH/HL chain; a break of the rising lows line breaks the intraday uptrend read
Fed's Hammack at 20:30 UTC and Warsh at 03:30 UTC Fri could materially shift this read; a loss of the ppi low at 56.29 would negate the post-data rebound
HH/HL chain from 55.703 Asian low, now 56.83–57.04 consolidation.
Silver has printed higher highs from the 55.703 Asian low through London. The hot 12:30 UTC PPI spike to the 56.292 ppi low was absorbed, and NY set a 57.212 session high as yields and USD faded. Price is holding a tight late-NY consolidation between the 56.834 pullback low and a 57.04 intraday cap, above rising support, with RSI(14) neutral near 55.
Support: 56.834, 56.469, 56.292
Resistance: 57.044, 57.212
What it said to watch
Break of the 56.834 pullback low exposes the fib 38.2% near 56.64 and the 56.469 higher low
Loss of the 56.469 higher low and rising support breaks the intraday HH/HL chain; the 56.292 ppi low sits beneath
Close above the 57.04 intraday cap and 57.212 session high extends the higher-high sequence
Fed's Hammack at 20:30 UTC and Fed Chair Warsh at 03:30 UTC Fri could materially shift this read
17:05 UTC
Uptrend, pulling back from session high · RSI 53 · price 56.88
HH/HL chain from 55.70 Asian low; NY pullback retesting London high.
Silver climbed from the 55.70 Asian low through London. The hot PPI print shook it out to a 56.29 PPI low, but falling yields and a softer USD carried it to a 57.21 session high in NY. After London close price has eased back onto the 56.86 London high and is sitting on EMA20, with RSI(14) cooling to ~53.
Support: 56.86, 56.47, 56.29
Resistance: 57.02, 57.21
What it said to watch
A sustained break below the 56.86 London high turns the retest into a failure, with the rising trendline near 56.67 next.
Loss of the 56.47 NY swing low (50% fib) breaks the HL chain. The 56.29 PPI low lines up with the 61.8% fib.
A reclaim of the 57.02 spike high puts the 57.21 session high back in play.
Hammack at 20:30 UTC and Warsh at 03:30 UTC Fri could materially shift this read via yields and the USD.
16:47 UTC
Intraday uptrend, pulling back from session high · RSI 54 · price 56.91
Higher-low chain from 55.70; shallow lower highs off 57.21.
Silver broke the Asian range high at 56.36 in London. It absorbed the hot 12:30 UTC PPI spike to the 56.29 ppi low, then set a 57.21 session high as the USD and yields faded. After London close price is drifting under a 57.04 lower high and holding the 56.88 micro low at the 38.2% fib and ema20, with the rising trendline near 56.69.
Support: 56.88, 56.47, 56.29
Resistance: 57.04, 57.21
What it said to watch
M15 close above the 57.04 lower high and 57.21 session high resumes the higher-high chain
Failure to hold the 56.88 micro low exposes the 56.47 swing low and the rising trendline
Break below the 56.29 ppi low ends the intraday higher-low sequence
Fed's Hammack at 20:30 UTC and Fed Chair Warsh Fri 03:30 UTC could materially shift this read
Higher lows from 55.70; shallow pullback from 57.21 holding near 38.2% fib.
Silver broke the Asian range overnight and kept a higher-low chain through London. The 12:30 UTC hot PPI print only produced a dip to the ppi low at 56.29, as softer yields and a weaker USD carried price to a 57.21 session high. Mid-NY, the pullback low at 56.88 sits near the 38.2% fib, with RSI(14) cooled to ~57 and price just under the 57.02 prior high.
Support: 56.883, 56.469, 56.292
Resistance: 57.023, 57.212
What it said to watch
Failure to hold the 56.88 pullback low opens the 50–61.8% fib zone (56.75–56.64) and the rising-lows trendline
M15 close below the 56.47 swing low breaks the higher-low chain
Close above the 57.21 session high extends the intraday uptrend
Fed's Hammack at 20:30 UTC and Warsh Fri 03:30 UTC could materially shift this read
16:17 UTC
Uptrend, pulling back from session high · RSI 59 · price 56.929
HH/HL chain since London broke the Asian range high.
London broke above the 56.356 Asian range high, and NY extended the higher highs to a 57.212 session high after the hot-PPI flush to the 56.292 PPI low was bought back as yields and the USD faded. Price is easing toward the 38.2% fib near 56.86. It is holding the 56.885 pullback low, with RSI(14) at 59 and ATR around 225 pips.
Support: 56.885, 56.469, 56.292
Resistance: 57.00, 57.212
What it said to watch
M15 close below the 56.885 pullback low exposes the fib 50–61.8% zone at 56.75–56.64
Close below the 56.469 NY swing low breaks the HL chain and puts the 56.292 PPI low back in play
Reclaiming the 57.00 round number and closing above the 57.212 session high resumes the higher-high sequence
Fed's Hammack at 20:30 UTC and Warsh Fri 03:30 UTC could materially shift this read
HH/HL chain from the 55.703 low; post-PPI higher low at 56.469.
Silver absorbed the hot 12:30 GMT PPI/retail-sales prints. The spike to the 56.292 PPI low was bought as yields and the USD faded, and NY cleared the 56.86 London high to a 57.212 session high. Price is now stalling just above 57.00 near the London close, with the 56.469 higher low sitting at the 50% of the 55.70–57.21 rally.
Support: 56.944, 56.469, 56.292
Resistance: 57.212, 57.50
What it said to watch
Close below the 56.944 pullback low shifts the read to a deeper retracement toward the 56.469 higher low
Break of the higher-low trendline and 56.469 ends the HH/HL chain and exposes the 56.292 PPI low
Acceptance above the 57.212 session high opens the 57.50 round number
Fed's Hammack at 20:30 UTC and Warsh Fri 03:30 UTC could materially shift this read
HH/HL chain since PPI low, retesting 57.00 prior high.
Silver flushed to the 56.292 ppi low on the hot 12:30 GMT print, but the dip was absorbed as the USD faded with yields. It then printed a higher low at 56.469 and a 57.212 session high in NY hours. Price is now retesting the 57.00 prior high with RSI(14) near 58, after London already cleared the 55.47–56.36 Asian range.
Support: 57.00, 56.469, 56.292
Resistance: 57.212, 57.50
What it said to watch
M15 close back below the 57.00 prior high fails the retest and puts the 56.469 higher low and the rising trendline in view
Break of 56.469 ends the post-PPI higher-low chain and re-exposes the 56.292 ppi low
Close above the 57.212 session high extends the HH sequence toward 57.50 psych
Fed's Hammack at 20:30 UTC and Warsh Fri 03:30 UTC could materially shift this read
15:32 UTC
Intraday uptrend, extending into NY · RSI 61 · price 57.064
HH/HL chain since the PPI spike low; London broke above the Asian range.
London broke above the Asian range top near 56.36. Silver then absorbed the hot-PPI spike to the 56.29 ppi low and printed a higher low at the 56.47 ny low. It pushed to a 57.21 session high as the USD faded with yields. Price is holding just above the 57.02 prior high, with RSI(14) at 61 and no extreme.
Support: 57.023, 56.469, 56.292
Resistance: 57.212
What it said to watch
A close back below the 57.02 prior high puts the breakout at risk of a false break
Loss of the 56.47 ny low and the higher-low trendline breaks the HH/HL chain; the PPI leg 61.8% sits near 56.64 above it
Failure to hold the 56.29 ppi low unwinds the whole post-data move
A close above the 57.21 session high extends the higher-high sequence
Fed's Hammack at 20:30 UTC and Warsh at Fri 03:30 UTC could materially shift this read
HH/HL chain from 55.703; NY broke above the London high to a fresh session high.
London lifted silver out of the Asian range to the 56.86 london high. The hot PPI at 12:30 UTC knocked it to 56.29, but the USD slid as yields fell and the dip was bought. NY then cleared the 57.023 prior high and set a 57.19 session high, with higher lows at 55.70, 56.29 and the 56.469 swing low riding a rising trendline. RSI(14) at 67 is firm but not stretched.
Support: 57.023, 56.86, 56.469
Resistance: 57.19, 57.50
What it said to watch
Holding the 57.023 prior high keeps the NY breakout intact; slipping back under it reopens the 56.86 london high
Close above the 57.19 session high exposes the 57.50 round number
Break of the 56.469 swing low and the rising trendline ends the higher-low chain
Fed's Hammack at 20:30 UTC: a hawkish read on the hot PPI could revive USD and yields
Fib 50–61.8% zone (56.83–56.74) of the latest leg lines up with the london high on any pullback
Higher lows since the Asian low; post-PPI flush reclaimed and 57.02 broken.
The hot-PPI flush to 56.292 at 12:30 UTC broke below the London range and failed. Price reclaimed it as USD softened on lower yields, then printed a session high at 57.19 during NY hours. Price is holding above the 57.02 post-PPI high, with a higher low at 56.47 on rising support from the Asian low; RSI(14) is near 64, not stretched.
Support: 57.02, 56.47, 56.292
Resistance: 57.19, 57.50
What it said to watch
An M15 close back below 57.02 (post-PPI high) would turn the breakout into a false break
Loss of the 56.47 higher low and rising support would reopen the 56.292 PPI low
Clearance of the 57.19 session high would put 57.50 psych in view
Fed's Hammack at 20:30 UTC and Warsh on Fri 03:30 UTC could materially shift this read
Higher lows 55.703 → 56.292 → 56.469; new session high 57.155 in NY.
Silver cleared the Asian range high at 56.356 early in London and ran to the 56.86 london high. The hot PPI at 12:30 UTC knocked it to a 56.292 ppi low, but demand absorbed the dip. NY hours have since printed a 57.155 session high above the 57.023 post-ppi high, with the ny swing low at 56.469 extending the higher-low chain and RSI(14) at a moderate 60.
Support: 56.86, 56.469, 56.292
Resistance: 57.023, 57.155
What it said to watch
M15 close back below the 56.86 london high would put the breakout in doubt
Break of the 56.469 ny swing low ends the higher-low sequence and exposes the 56.292 ppi low
Repeated rejection near 57.023–57.155 (post-ppi high / session high) would mark a cap for the NY session
Fed's Hammack at 20:30 UTC; a hawkish read on the PPI overshoot could shift this structure
Higher lows from 55.70; post-PPI range 56.29–57.02.
Silver cleared the Asian range high at 56.36 into London and extended to a session high at 57.02 after the hot PPI spike briefly dipped to the ppi low at 56.29. 57.00 has been rejected twice during NY hours, but the ny low near 56.47 keeps the rising lows trendline intact, and price is pressing the london high at 56.86 again.
Support: 56.47, 56.29
Resistance: 56.86, 57.02
What it said to watch
M15 close above the 57.02 session high breaks the double rejection and extends the higher-high chain
Close below the 56.47 ny low and the rising lows trendline puts the 56.29 ppi low and the 61.8% fib near 56.21 in play
Fed's Hammack 20:30 UTC today and Warsh Fri 03:30 UTC could materially shift this read after the PPI beat
False break above London high, lower highs since 57.023.
London cleared the Asian high at 56.356 and ran to the 56.86 London high. The hot PPI at 12:30 UTC first dropped price to the 56.292 PPI low, then spiked it to a 57.023 session high that failed, and highs have stepped lower since. Price now sits on the 38.2% fib of the 55.703–57.023 move near 56.51, just below EMA20 with RSI(14) at 45.
Support: 56.506, 56.356, 56.292
Resistance: 56.86, 57.023
What it said to watch
M15 close below 56.506 (38.2% fib) exposes the asian high 56.356 and the ppi low 56.292
Break of the rising support from the 05:30 UTC low (~56.44) ends the intraday HL chain
Recovery above the 56.86 london high negates the false break; 57.023 session high is the next cap
Hammack 20:30 UTC and Warsh Fri 03:30 UTC could reprice October hike odds and shift this read
14:03 UTC
Intraday uptrend, stalling after failed high · RSI 45 · price 56.544
Post-PPI high at 57.023 rejected; price back at 38.2% fib of overnight rally.
Hot PPI and retail sales whipped silver to a 56.292 spike low. The early-NY push to 57.023 then failed to hold above the London high at 56.86, and price has slipped back to 56.54, the 38.2% fib of the 55.703–57.023 rally, as the USD firmed. The Asian high at 56.356 and the rising lows line sit just below, with RSI(14) neutral near 45.
Support: 56.52, 56.356, 56.292
Resistance: 56.86, 57.023, 57.20
What it said to watch
M15 closes below the 38.2% fib at 56.52 expose the asian high at 56.356 and the ppi low at 56.292
Loss of the rising lows line near 56.42 confirms a lower-low sequence
An M15 close back above the 56.86 london high negates the false-break read and puts the 57.023 post-ppi hi and the 57.20 prior high back in view
Fed's Hammack at 20:30 UTC and Warsh on Fri 03:30 UTC could materially shift this read
Higher lows from 55.70; post-PPI range 56.29–57.02.
London cleared the asian high at 56.36 and ran to a 56.86 london high, with the london base forming near 56.50. The hot 12:30 UTC PPI spiked silver to a 56.29 ppi low that was bought back, but the NY push to the 57.02 ny high failed back under the London high. Price is now compressing near 56.70 with RSI(14) ~54 and ATR(14) ~190 pips.
Support: 56.505, 56.356, 56.292
Resistance: 56.86, 57.023
What it said to watch
A close back above the london high at 56.86 reopens the 57.02 ny high
A break of the london base at 56.50 and the rising support from 55.70 exposes the asian high at 56.36, which aligns with the 50% fib of the London leg, then the 56.29 ppi low
Hammack at 20:30 UTC and Warsh on Fri at 03:30 UTC could reprice October hike odds and shift this read
Higher lows since Asia; PPI wick swept London range low and recovered.
The hot 12:30 UTC PPI and retail sales bar swept below the London low at 56.505 to 56.292. It closed back inside the range, holding above the 50% retracement of the post-CPI rebound. The first hour of NY then printed 57.023 but was rejected back under the London high at 56.86, and the rising-lows trendline from Asia is still intact.
Support: 56.505, 56.292
Resistance: 56.86, 57.023
What it said to watch
M15 close below 56.505 london low and the rising-lows trendline breaks the higher-low chain
Acceptance above 57.023 ppi high extends the post-CPI rebound
Loss of the 56.292 ppi low exposes the 61.8% retracement near 56.01
Hammack 20:30 UTC and Warsh Fri 03:30 UTC could materially shift this read given the PPI beat
Higher low at 56.29 after PPI, retesting 56.86 session high.
London lifted silver from the 55.70 low to the 56.86 session high, then a 56.54–56.86 range formed. The hot US PPI at 12:30 UTC knocked price to 56.29, the 50% retracement of the London leg, but the dip was bought back within two bars and price is retesting the session high.
Support: 56.54, 56.29, 56.145
Resistance: 56.87, 57.20
What it said to watch
M15 close above the 56.87 session high opens the 57.20 prior swing
Close back below the 56.54 range low reopens the 56.29 ppi low and the London trend line
Loss of the 61.8% fib at 56.145 undercuts the London leg
Fed's Hammack at 20:30 UTC and Warsh Fri 03:30 UTC could shift hike pricing and this read
London HH/HL chain capped at 56.86; PPI wick to 56.29 rejected.
London broke the Asian high at 56.36 and ran to a 56.86 session high, then ranged 56.54–56.86. The hot 12:30 UTC PPI print (6.3% vs 5.3%) spiked silver to a 56.29 ppi low, near the 50% retrace of the London leg, and that wick was bought back to 56.70 within two bars. RSI(14) is neutral near 50.
Support: 56.54, 56.29, 56.14
Resistance: 56.86, 57.20
What it said to watch
M15 close below the 56.29 ppi low breaks the London higher-low chain and opens the fib 61.8 at 56.14
Failure to hold the 56.54 swing low puts the PPI wick low back in play
Close above the 56.86 session high resumes the HH sequence toward the 57.20 prior swing
Fed's Hammack at 20:30 UTC and Warsh Fri 03:30 UTC could reprice October hike odds and shift this read
12:47 UTC
Intraday recovery stalling, range after the US data · RSI 47 · price 56.567
Range 56.54–56.86 after a London break of the Asian high; release wick below the floor reclaimed.
Silver's rebound from Wednesday's post-CPI low extended in London, breaking above the 56.36 Asian range high to a 56.86 session high as USD softened. Price then held a 56.54–56.86 range into the NY open. The 12:30 UTC PPI and retail sales bar spiked to a 56.29 release low, near the 50% retrace of the 55.70–56.86 leg, then closed back above the range floor; RSI(14) is neutral near 47.
Support: 56.54, 56.29, 56.00
Resistance: 56.86, 57.20
What it said to watch
M15 close below the 56.29 release low turns the reclaimed wick into a range break and exposes the 56.00 psych level
M15 close above the 56.86 session high reopens the 57.20 cpi bounce high from Wednesday's flush
Yield and USD follow-through on PPI and retail sales in the first hour of NY could shift this read
12:32 UTC
Intraday recovery, flattening into NY · RSI 51 · price 56.686
London range 56.54–56.86 above broken Asian high.
London took silver through the 56.36 Asian high to a 56.86 session high as the USD softened, and price has ranged 56.54–56.86 since. The 12:30 UTC release bar spiked to a 56.29 spike low, close to the 50% fib of the London leg, then recovered to 56.69, so the range low held on a closing basis.
Support: 56.54, 56.29, 56.00
Resistance: 56.86, 57.20
What it said to watch
M15 close below the 56.54 range low reopens the 56.29 spike low, with the 56.00 round number below
M15 close above the 56.86 session high opens the 57.20 prior swing from Wednesday's post-CPI bounce
Follow-through from the 12:30 UTC PPI and retail sales data could break the range in either direction; ATR is already inflated by the release bar
Warsh speech on Friday is the next scheduled risk for October hike pricing
Asian range broken higher in London, now a tight 56.54–56.86 range.
London cleared the 56.356 Asia high and extended the rebound from the 55.385 post-CPI low to a 56.86 session high, as a softer USD and lower yields lifted silver. Since mid-London, price has compressed between the 56.54 swing low and 56.86 heading into the London-NY transition.
Support: 56.544, 56.356, 56.00
Resistance: 56.86, 57.20
What it said to watch
US PPI and Retail Sales at 12:30 UTC, minutes away, could materially shift this read
M15 close above the 56.86 session high opens the path to the 57.20 prior pivot from the post-CPI bounce
Failure to hold the 56.54 swing low exposes a retest of the 56.356 Asia high, then the 56.00 round number
London broke the Asian range high; higher lows intact above 56.505, pullback from 56.86.
Silver extended its rebound from the 55.40 post-CPI low on a softer USD. London cleared the Asian high at 56.356 and printed a 56.86 session high, then capped and slipped back to 56.57 in late-morning trade, near the August low cited in the market digest. RSI(14) has cooled to 50 and price sits under EMA20 with US PPI and Retail Sales about 30 minutes out.
Support: 56.505, 56.356, 56.00
Resistance: 56.86, 57.20
What it said to watch
M15 close below the 56.505 london hl breaks the higher-low chain and exposes the asian high at 56.356 and the 38.2% fib near 56.42
Acceptance back below 56.356 puts the round number at 56.00 back in play
M15 close above the 56.86 session high resumes the London leg toward the 57.20 cpi pivot
US PPI, Retail Sales and Jobless Claims at 12:30 UTC could materially shift this read
Higher low at 55.703, London breakout above Asian high, now a tight box under 56.86.
Silver is rebuilding from Wednesday's CPI flush to 55.385. Asia set a higher low at 55.703, and London cleared the 56.356 Asian high to a 56.86 London high as a softer USD and lower yields fed the bounce. The last eight bars have stalled in a 56.63–56.86 box just above the 56.57 August low, with RSI(14) cooling to about 57.
Support: 56.628, 56.57, 56.356
Resistance: 56.86, 57.20
What it said to watch
US PPI, Retail Sales and claims at 12:30 GMT, due before the next few bars close, could materially shift this read
A close above the 56.86 London high opens the path to the 57.20 post-CPI high
Losing the box low and the 56.57 August low puts the 56.356 Asian high in play for a retest
A break of the higher low trendline near 55.90 would undo the intraday higher-low sequence
Higher-low chain off 55.39; late-London box 56.63–56.86.
Silver's post-CPI rally off the 55.39 low extended as USD and yields eased. London broke the 56.36 Asian high and printed a higher-low chain into a 56.86 session high. Late London has flattened into a 56.63 swing low to 56.86 box, with RSI(14) near 60, ahead of the 12:30 UTC US PPI and Retail Sales.
Support: 56.63, 56.36, 56.06
Resistance: 56.86, 57.20
What it said to watch
12:30 UTC PPI and Retail Sales (~1h): a hot print is the main risk to the post-CPI rally structure
An M15 close above the 56.86 session high opens the path to the 57.20 prior high
A close below the 56.63 swing low breaks the higher-low chain
Loss of the 56.36 asian high exposes the 56.06 london low and the 50% retrace near 56.12
11:18 UTC
Recovery leg off post-CPI lows, momentum flattening · RSI 60 · price 56.661
London breakout above Asian range, now consolidating under the session high.
London open broke the 55.47–56.36 Asian range on a softer USD and lower yields. Price climbed to a 56.86 session high, tagged twice, and is now holding a 56.63 higher low above the 56.505 London low. RSI(14) has cooled to around 60 as the move stalls ahead of US data.
Support: 56.63, 56.505, 56.36
Resistance: 56.86, 57.20
What it said to watch
US PPI, Retail Sales and claims at 12:30 UTC could materially shift this read; the digest flags a hot core PPI as the main risk to the bounce
M15 close above the 56.86 session high opens the 57.20 cpi bounce high from yesterday's flush
Failure to hold the 56.505 london low puts the 38.2–50% fib of the Asia-London rally (56.42–56.28) and the 56.36 asian high in play
Slip back below the 56.36 asian high would mark the London breakout as a false break
Higher highs and higher lows since London broke the Asian range high.
London cleared the 56.356 Asian high and pushed to a 56.86 session high. The rebound leg from the 55.703 early-Asia low has built higher lows at 56.505 and 56.628 as a softer USD and lower yields extend the bounce off Wednesday's post-CPI 55.385 low. RSI(14) sits near 65, firm but not stretched, and price is holding just above the 56.57 August low.
Support: 56.628, 56.57, 56.356
Resistance: 56.86, 57.00, 57.20
What it said to watch
An M15 close above the 56.86 session high extends the higher-high chain toward the 57.00 round number and the 57.20 cpi bounce high from yesterday's NY session.
A break of the 56.628 higher low and the 56.57 August low would end the London HL sequence. Below that, the 56.356 Asian high is the next reference, near the 38.2% retrace of the rebound leg.
US PPI, Retail Sales and jobless claims at 12:30 GMT, about 90 minutes out, could materially shift this read.
Higher lows from 55.70 after London broke above the Asian range; shallow pullback from 56.86.
The London rally cleared the 56.36 Asian high and reached a 56.86 session high, as a softer USD and lower yields extended the rebound off the 55.39 post-CPI low. Price is easing toward the 56.63 pullback low mid-London, RSI(14) near 62, with the higher-low chain from 55.70 intact.
Support: 56.63, 56.505, 56.36
Resistance: 56.86, 57.00, 57.20
What it said to watch
Close below the 56.505 swing low breaks the London higher-low chain and exposes the 56.36 Asian high, near the 38.2% of the London rally
Close above the 56.86 session high opens the 57.00 round number and the 57.20 cpi bounce high from Wednesday
US PPI and Retail Sales at 12:30 UTC, under 2h away, could materially shift this read
10:32 UTC
Intraday uptrend, stalling at session high · RSI 63 · price 56.665
Higher lows from 55.703; Asian range broken higher, pullback from 56.86.
London broke above the Asian high at 56.356 and extended to a session high at 56.86, which capped two consecutive bars before a shallow pullback. Price is holding above the 56.57 Aug low, inside the 23.6% fib of the 55.703–56.86 leg, with RSI(14) near 63. The rebound off the post-CPI lows tracks a softer USD and lower yields.
Support: 56.57, 56.505, 56.356
Resistance: 56.86, 57.20
What it said to watch
US PPI and Retail Sales at 12:30 UTC (~2h) could materially shift this read
M15 close above the 56.86 session high opens the path to the 57.20 post-CPI high
Failure to hold the 56.505 swing low exposes the Asian high at 56.356, near the 38.2% fib at ~56.42
Slip back below the 56.57 Aug low turns the late-London pullback into a deeper retracement
10:17 UTC
Intraday uptrend, stalling at session high · RSI 67 · price 56.684
HH/HL chain from 55.703; Asian range broken higher at London open.
London broke the 56.356 Asian high and stretched to a 56.86 session high, tagged twice and capped into mid-London. The higher-low chain from the 55.703 leg low is intact. The rebound from Wednesday's CPI flush tracks a softer USD and lower yields, with price holding the 56.505 swing low just under the 56.57 August low.
Support: 56.505, 56.356, 55.703
Resistance: 56.86, 57.20
What it said to watch
US PPI, Retail Sales and claims at 12:30 UTC (~2h15m) could materially shift this read; recent ATR runs near 155 pips per bar
M15 close above the 56.86 session high opens the path to the 57.20 cpi bounce high from Wednesday
Failure to hold the 56.505 swing low breaks the HL chain and puts the 56.356 Asian high, near the 38.2–50% of the london leg, in play
A move back through the 55.703 leg low negates the London rebound structure
Higher-high/higher-low chain since London open; Asian high broken.
The London rally cleared the 56.356 Asian high and stepped up through higher lows to a 56.86 session high. That recovers about 40% of Wednesday's hot-CPI flush to 55.39 as USD and yields ease. RSI(14) near 79 is stretched, with the 57.00 round number and the 57.20 cpi bounce high overhead.
Support: 56.505, 56.356, 56.00
Resistance: 56.86, 57.00, 57.20
What it said to watch
An M15 close below the 56.505 swing low breaks the higher-low chain and the rising trendline (~56.75)
Loss of the 56.356 Asian high puts price back inside the Asian range, with 56.00 psych below
Acceptance above the 57.00 round number opens the 57.20 cpi bounce high
US PPI and Retail Sales at 12:30 GMT could materially shift this read
Silver is recovering from Wednesday's CPI flush to 55.385 as USD and yields ease. London broke the Asian high at 56.356 and has printed higher highs and lows up to a 56.811 session high, holding above the August low near 56.57. The swing low at 56.505 and the rising trendline from the Asian low frame the move; RSI(14) is around 68 and not stretched.
Support: 56.505, 56.356, 55.703
Resistance: 56.811, 57.20
What it said to watch
M15 close below the 56.505 swing low or the rising trendline breaks the London HH/HL chain
Loss of the 56.356 Asian high turns the breakout into a false break, with the 55.703 Asian low below
Close above the 56.811 session high opens the 57.200 cpi bounce high from Wednesday's selloff
US PPI and Retail Sales at 12:30 GMT could materially shift this read
09:32 UTC
Intraday uptrend, rebound from the post-CPI low · RSI 71 · price 56.733
Higher lows since the 05:30 UTC dip; Asian range high broken in London.
Mid-London session, price broke the Asian high at 56.356 and is pressing the session high near 56.733. That sits just above the 38.2% fib of the CPI drop, with the softer USD and lower yields behind the rebound. Higher lows at 55.70 and the 56.505 swing low keep the micro-structure intact, and price holds above the August low around 56.57; RSI(14) is near 71.
Support: 56.57, 56.505, 56.356
Resistance: 56.733, 57.085
What it said to watch
US PPI and Retail Sales at 12:30 UTC (~3h) could materially shift this read
M15 close below the 56.505 swing low breaks the higher-low chain
Loss of the Asian high at 56.356 puts price back inside the Asian range
Close above the session high at 56.733 opens the path to the 50% fib at 57.085
09:17 UTC
Uptrend, pressing session high · RSI 77 · price 56.707
Higher-low chain since 55.70; Asian range broken higher at London open.
London open broke the Asian high at 56.36 and extended to a 56.73 session high, which has now been tested twice. The rebound from the post-CPI flush tracks a softer USD and easing yields. The higher-low chain from the 55.70 pre-ldn low remains intact, with RSI(14) running hot near 77.
Support: 56.505, 56.36, 55.703
Resistance: 56.726, 57.20
What it said to watch
US PPI and Retail Sales at 12:30 GMT could materially shift this read
M15 close above the 56.73 session high opens the 57.20 cpi swing hi from yesterday's selloff
Close below the 56.505 swing low breaks the higher-low chain and the rising trendline, putting the asian high at 56.36 (near the 38.2% fib) in play
Loss of the 56.36 asian high would turn the London breakout into a false break
Higher lows since 55.385; Asian range broken higher in London.
London broke the Asian high at 56.356 and ran to a 56.722 session high as USD and yields eased, clawing back part of yesterday's hot-CPI flush from 58.78 to 55.385. Mid-London, price is holding above the 56.505 pullback low near the August low (~56.57), with RSI(14) near 69.
Support: 56.505, 56.356, 55.703
Resistance: 56.722, 57.20
What it said to watch
Failure to hold the 56.505 pullback low exposes the asian high at 56.356, near the 38.2% of the asian-low rally (~56.33)
M15 close above the 56.722 session high opens the path to the 57.20 post-cpi high
Loss of 56.356 puts the 55.703 asian low and the rising lows line back in play
US PPI and Retail Sales at 12:30 GMT could materially shift this read
08:46 UTC
Intraday recovery, stalling at session high · RSI 68 · price 56.526
Higher lows since 55.703; London broke the Asian range high, now back below 56.57.
London open broke the Asian range high at 56.356 and ran to a 56.722 London high as USD and yields softened, recovering part of Wednesday's hot-CPI slide to 55.385. Price has slipped back below the former August low at 56.57, with RSI(14) near 68 cooling off the session peak.
Support: 56.356, 55.703
Resistance: 56.57, 56.722
What it said to watch
M15 close back above 56.57 (august low) reopens the 56.722 london high
Failure to hold the 56.356 asia high, near the 38.2% fib, puts the 56.21 midpoint and 55.703 swing low back in focus
US PPI / retail sales cluster at 12:30 UTC (~3h45m) could materially shift this read
Higher lows off 55.70 swing low, Asian high broken at London open.
Silver broke the Asian high at 56.36 at London open as the USD extended its post-CPI unwind. The move reached a 56.63 session high at the former August low near 56.57. Higher lows from the 55.70 swing low and the 56.06 London base remain intact, with RSI(14) near 71.
Support: 56.356, 56.06, 55.703
Resistance: 56.634, 57.20
What it said to watch
M15 close back below the 56.36 asian high would turn the breakout into a false break
Failure to clear the 56.63 session high leaves the August low capping the bounce
Close above 56.63 opens the path to the 57.20 cpi high from Wednesday's sell-off
Loss of the 56.06 london base, then the 55.70 swing low, breaks the rising lows chain
US PPI, retail sales and claims at 12:30 UTC (~4h) could materially shift this read
HH/HL chain since 55.385; London broke above the Asian range high.
The hot-CPI slide bottomed at 55.385 late in NY. Asia printed higher lows at 55.466 and the 55.703 swing low, then London's first hour broke the 56.356 Asian high to a 56.518 session high, with RSI(14) near 71. Price is pressing the 56.57 August low, between the 23.6% and 38.2% retrace of the post-CPI drop, as softer yields and USD weigh on the dollar.
Support: 56.356, 56.00, 55.703
Resistance: 56.518, 56.57
What it said to watch
A close back below the 56.356 asian high flags a false break of the London push
Acceptance above the 56.518 session high and the 56.57 august low opens the 38.2% post-cpi drop retrace near 56.68
Failure at 56.00 psych, then a loss of the 55.703 swing low, breaks the higher lows trendline
US PPI / retail sales cluster at 12:30 UTC (~4.5h) could materially shift this read
07:47 UTC
Intraday recovery, higher lows off post-CPI base · RSI 72 · price 56.49
London range break above Asian high, HL at 55.703.
London open lifted silver out of the 55.47–56.36 Asian range. It printed a 56.518 session high just under the 56.57 aug low as the USD kept fading its post-CPI spike. The 55.703 swing low anchors the intraday higher-low line, the london base sits near 56.01, and RSI(14) at ~72 is stretched but not extreme.
Support: 56.356, 56.013, 55.703
Resistance: 56.518, 56.57
What it said to watch
Rejection at the 56.57 aug low, the former August floor, would leave the bounce corrective inside the post-CPI selloff
Failure to hold the asian high at 56.356 turns the range break into a false break, exposing the london base near 56.01
Loss of the 55.703 swing low breaks the higher-low line
US PPI / retail sales / claims cluster at 12:30 UTC (~5h) could materially shift this read
Higher lows off 55.385; London open broke above the Asian high.
Silver dropped from 58.78 to 55.385 after the hot US CPI print, then built higher lows at 55.47 and 55.70 as the dollar and yields faded through Asia. London open lifted price from the pre-London base near 56.01 through the Asian high at 56.356 to a 56.45 session high, just under the former August low at 56.57 and the 38.2% fib retracement of the CPI drop at 56.68.
Support: 56.356, 56.013, 55.703
Resistance: 56.45, 56.57, 56.683
What it said to watch
An M15 close back below the 56.356 Asian high would mark the London breakout as a false break
An M15 close above the 56.57 August low and the fib 38.2 at 56.68 opens the 57.20 post-CPI bounce high
Failure to hold the 55.70 higher low breaks the recovery sequence and exposes 55.385
The US PPI, retail sales and claims cluster at 12:30 UTC (~5h) could materially shift this read
The hot-CPI slide from 58.78 bottomed at 55.39 in NY. Asia then built higher lows at 55.47 and 55.70 under a flat cap, and London open is retesting the 56.36 Asian high near the 23.6% retrace of the CPI drop, with RSI(14) at about 64. The rebound tracks the softer USD and yields; the August low at 56.57 is the next reference overhead.
Support: 56.01, 55.703
Resistance: 56.356, 56.57
What it said to watch
M15 close above the 56.36 asian high opens the 56.57 aug low
Loss of the 56.01 minor base puts the rising lows line back in play
Break of the 55.70 higher low ends the recovery structure and refocuses 55.39
US retail sales/PPI cluster at 12:30 UTC (~5h) could materially shift this read
The hot-CPI slide bottomed at the 55.385 post-cpi low late in NY hours. The Asian rally to the 56.356 asian high, helped by softer USD and yields, has since printed lower highs. London opens mid-range at 56.10 after a false break to the 55.703 swing low was reclaimed, with the 56.132 lower high capping for now.
Support: 55.703, 55.466, 55.385
Resistance: 56.132, 56.356, 56.57
What it said to watch
M15 close above the 56.132 lower high breaks the lower-highs line and exposes the 56.356 asian high, then 56.57 august low
Loss of the 55.703 swing low, beyond the 61.8% of the asian rally, reopens the 55.466 asian low and 55.385 post-cpi low
US retail sales / PPI cluster at 12:30 UTC could materially shift this read
Compressing inside Asian range: lower highs from 56.356, higher lows from 55.466.
The hot-CPI slide bottomed at the 55.385 cpi low late in the NY session. The Asia bounce, helped by a softer USD and yields, topped at the 56.356 Asian high and has since printed lower highs at 56.304 and 56.132. The 05:30 UTC dip to the 55.703 swing low held just under the 61.8% fib and above the rising support from the 55.466 Asian low, leaving price coiled near 56.00 into London open.
Support: 55.703, 55.466, 55.385
Resistance: 56.132, 56.356, 56.57
What it said to watch
A close above the 56.132 lower high, then the 56.356 Asian high, breaks the lower-high sequence and brings the 56.57 aug low into play
A break of the 55.703 swing low and the rising support line exposes the 55.466 Asian low and the 55.385 cpi low
US PPI, retail sales and claims at 12:30 UTC (~6h) could materially shift this read
Lower highs inside the 55.70–56.36 Asian range, swing lows reclaimed.
The hot US CPI print drove a ~$3.40 slide from 58.78 to the 55.385 post-CPI low during NY hours. The Asia bounce on a softer USD and lower yields topped at the 56.356 Asian high and has since printed lower highs at 56.304 and 56.13. The 05:30 UTC sweep low at 55.703 took out the 55.865 swing low and was reclaimed within the bar, and price is now pinned at EMA50 near 56.10 ahead of London open.
Support: 55.865, 55.703, 55.385
Resistance: 56.304, 56.356, 56.57
What it said to watch
M15 close above the 56.356 Asian high breaks the lower-high chain and exposes the 56.57 aug low
Failure to hold the 55.703 sweep low reopens the 55.385 post-CPI low
Holding the 55.865 swing low with RSI near 54 keeps the Asia bounce intact
US PPI, Retail Sales and Claims at 12:30 UTC (~6h) could materially shift this read
06:17 UTC
Post-CPI downtrend, Asian bounce stalling near 56.00 · RSI 46 · price 56.014
Lower highs below 56.36 Asian high, compressing around EMA20 inside the Asian range.
The hot US CPI print drove a 12:30 UTC rout from 58.78 to a 55.39 low, and Asia's bounce on a softer dollar topped at the 56.36 Asian high. Since then a lower high at 56.30 has capped price, and the 05:30 UTC wick low at 55.70 was rejected near the 61.8% fib of the Asian leg. Late Asia, price is pinned near 56.00 and EMA20 just above the 55.86 swing low, with London open approaching.
Support: 55.863, 55.703, 55.466
Resistance: 56.304, 56.356, 56.57
What it said to watch
Failure to hold the 55.70 wick low breaks the Asian rising lows and exposes the 55.47 Asian low
M15 close above the 56.30 lower high and 56.36 Asian high ends the post-high lower-high sequence and puts the 56.57 August low in play
US PPI / Retail Sales / Claims cluster at 12:30 UTC (~6h) could materially shift this read
Lower highs off 56.356 Asian high, mid-range consolidation.
The hot US CPI print drove silver from 58.78 to a 55.385 CPI low during NY hours. A softer USD then lifted it to a 56.356 Asian high, but that bounce has faded through a 56.304 lower high. Late in the Asia session, a 55.703 session low tagged the 61.8% fib of the CPI low–Asian high move before buyers stepped back in, and price now sits mid-range near 55.94 ahead of London open with RSI(14) neutral at 45.
Support: 55.703, 55.466, 55.385
Resistance: 56.304, 56.356, 56.57
What it said to watch
Break below the 55.703 session low exposes the 55.466 Asian low and the 55.385 CPI low
Recovery through the 56.304 lower high and 56.356 Asian high breaks the pullback structure; 56.570 august low is the next cap
US PPI and retail sales cluster at 12:30 UTC could materially shift this read
Asian range 55.70–56.36 with lower highs and a swept low.
After the hot-CPI slide to the 55.385 cpi low, the Asian session bounce on softer USD and yields topped at the 56.356 asian high and has since printed lower highs. The 05:30 UTC bar swept the 55.86 swing low to a 55.703 sweep low near the 0.718 asian rally fib and closed back at 56.03, with RSI(14) flat near 51 heading into London open.
Support: 55.86, 55.703, 55.385
Resistance: 56.356, 56.57
What it said to watch
M15 close below the 55.703 sweep low reopens the 55.385 cpi low
Close above the 56.356 asian high exposes 56.57, the former august low
US PPI / retail sales at 12:30 UTC could materially shift this read
05:32 UTC
Downtrend, Asian bounce fading · RSI 39 · price 55.794
Lower highs after the Asian rally; 55.865 swing low lost.
Hot US CPI drove the 12:30 UTC collapse to the 55.385 post-CPI low. The Asia-session bounce stalled at the 56.356 Asian high, put in a lower high at 56.304, and late in Asia has slipped through the 55.865 broken low, about a 62% retrace of the Asian rally fib. The minor high at 56.054 capped the last hour along the lower-highs line, with RSI(14) near 39 and price under both EMAs.
Support: 55.466, 55.385
Resistance: 55.865, 56.054, 56.356
What it said to watch
M15 close back above the 55.865 broken low and the lower-highs line would negate the failed-bounce read
Failure to hold the 55.466 Asian low exposes the 55.385 post-CPI low
Close below the 78.6% of the Asian rally fib (~55.66) erases most of the Asian bounce
US PPI, retail sales and claims at 12:30 UTC (~7h) could materially shift this read
Silver is coiling around 56.00 late in the Asia session. The overnight bounce off the 55.466 Asian low came as the USD faded its post-CPI spike, but it was rejected at the 56.356 session high, well short of the 56.57 August low. A lower high at 56.304 followed, and the pullback held the 55.863 swing low near the 50% of the Asia bounce fib; RSI(14) sits neutral near 50.
Support: 55.863, 55.466, 55.385
Resistance: 56.356, 56.57
What it said to watch
M15 close below the 55.863 swing low exposes the 55.466 Asian low and the 55.385 CPI low
M15 close above the 56.356 session high breaks the lower highs and brings the 56.57 August low into view
London open in under 2h is the first test of the 55.86–56.36 range
US PPI, retail sales and jobless claims at 12:30 UTC (~7h) could materially shift this read
Asian range 55.466–56.356, lower highs forming inside.
Silver flushed from 58.78 to a 55.385 cpi low after the hot US CPI print at 12:30 UTC, then based through NY hours. The Asian session bounced from 55.466 to a 56.356 asian high, but a 56.304 lower high and a 55.863 swing low near the 61.8% fib of that rally leave price coiling around 56.00 late in Asia, with RSI(14) neutral at 48.
Support: 55.863, 55.466, 55.385
Resistance: 56.304, 56.356, 56.57
What it said to watch
A close above the 56.304 lower high and the 56.356 asian high breaks the Asian down-sequence; the 56.57 aug low, now former support, sits just above
A break below the 55.863 swing low exposes the 55.466 asian low and the 55.385 cpi low
US PPI, retail sales and claims at 12:30 UTC (~7.5h) could materially shift this read
Lower highs below 56.356 Asian high, holding the 50% retrace.
The hot US CPI flush took silver from 58.78 to a 55.385 cpi low before the daily break. Asia bounced from the 55.68 asian base to a 56.356 Asian high and has since printed lower highs, with the 55.863 swing low sitting on the 50% retrace of the Asia rally fib. Price is pinned near 56.00 with RSI(14) neutral at 45.
Support: 55.863, 55.68, 55.385
Resistance: 56.356, 56.57
What it said to watch
M15 close below the 55.863 swing low breaks the 50% retrace and exposes the 55.68 asian base
Reclaim of the 56.356 Asian high breaks the lower-highs line and brings the 56.57 aug low into play
US PPI / Retail Sales / claims at 12:30 UTC (~8h) could materially shift this read
Loss of the 55.385 cpi low resumes the post-CPI downtrend
Lower high at 56.304 under 56.356 Asian high; holding the 50% retrace.
The hot US CPI flush took silver from 58.78 to a 55.385 cpi low, and the Asia session then lifted it to a 56.356 asian high. Since then a rejection at the 56.304 lower high and a 55.863 swing low have pulled price back to the 50% retrace of the Asian rally, below EMA20 with RSI(14) at 46.
Support: 55.863, 55.466, 55.385
Resistance: 56.304, 56.356, 56.57
What it said to watch
M15 close below the 55.863 swing low breaks the 50% retrace and exposes the 55.466 asian low and 55.385 cpi low
Close above the 56.304 lower high and 56.356 asian high clears the lower-highs line; the 56.57 aug low sits above as former support
US PPI / Retail Sales / claims cluster at 12:30 UTC (~8h) could materially shift this read; ATR ~180 pips implies wide bars on the release
The hot US CPI flush bottomed at the 55.385 cpi low during NY hours. Asia bounced to the 56.356 asian high, then printed a lower high at 56.304, and price now sits on the 50% retrace of the Asian rally near 55.91, just above the 55.86 pullback low, with RSI(14) ~42 and price below EMA20/50. Late Asian session, with the 55.466–56.356 Asian range still intact ahead of London open.
Support: 55.863, 55.466, 55.385
Resistance: 56.304, 56.356, 56.57
What it said to watch
Failure to hold the 55.86 pullback low exposes the asian low at 55.466 and the cpi low at 55.385
Close above the 56.356 asian high breaks the lower-highs line and brings the aug low at 56.57 into view
US PPI / Retail Sales / claims at 12:30 UTC (~8h) could materially shift this read
04:03 UTC
Downtrend, Asian bounce fading · RSI 43 · price 55.944
Lower highs off Asian high, testing 50% retracement.
Hot US CPI flushed silver from 58.78 to a 55.385 cpi low during NY hours. The Asian session bounced to a 56.356 asian high, but a 56.304 lower high has followed, and price is back at the 50% fib near 55.87 heading into London open.
Support: 55.87, 55.466, 55.385
Resistance: 56.304, 56.356, 56.57
What it said to watch
Failure to hold the 50% fib at 55.87 exposes the 55.466 asian low and the 55.385 cpi low
M15 close above the 56.304 lower high reopens the 56.356 asian high and the 56.57 august low
US PPI, Retail Sales and claims at 12:30 UTC could materially shift this read
Silver fell from 58.78 to a 55.385 CPI low after Wednesday's hot core CPI. The Asia session rebound peaked at the 56.356 Asian high, was rejected at a 56.304 lower high and is now holding near the 38.2–50% fib of that bounce, just above the 55.885 swing low and above the 55.60 pre-Asia base.
Support: 55.885, 55.60, 55.385
Resistance: 56.304, 56.356, 56.57
What it said to watch
Close below 55.885 swing low breaks the Asian range and exposes the 55.60 pre-asia base, then the 55.385 CPI low
Close above the 56.356 Asian high puts the 56.57 August low, now resistance, in play
US PPI, Retail Sales and claims at 12:30 UTC (~9h) could materially shift this read
London open next; a break of the Asian range in either direction would set the session tone
Lower highs at 56.36/56.30, Asia higher low at 55.92 broken.
After the hot-CPI flush to the 55.385 cpi low, the Asia session bounced from the 55.466 asian low to the 56.356 asian high. A lower high at 56.304 was rejected, and the current bar has slipped under the 55.92 Asia higher low. Price now sits on the 50% fib of the Asia rally near 55.91, with RSI(14) neutral near 47, ATR(14) around 195 pips, and price below both EMA20 and EMA50.
Support: 55.62, 55.466, 55.385
Resistance: 56.304, 56.356, 56.57
What it said to watch
M15 close below the 61.8% fib near 55.81 exposes the 55.62 rally base and the 55.466 asian low
Break of the 55.385 cpi low would extend the post-CPI downtrend to fresh lows
Reclaim of the 56.304 lower high and the 56.356 asian high breaks the descending line and brings the 56.57 aug low into view
US PPI, Retail Sales and claims at 12:30 UTC (~9h) could materially shift this read
03:17 UTC
Downtrend, Asia bounce stalling · RSI 61 · price 56.156
Post-CPI base, Asia range 55.92–56.36.
Silver flushed from 58.78 to a 55.39 CPI low on the hot US core print, then based through late NY. Asia session has bounced to a 56.36 asian high and is holding a 55.92–56.36 range near the 23.6% retrace of the CPI drop fib, with RSI(14) near 61.
Support: 55.919
Resistance: 56.356, 56.57
What it said to watch
M15 close below the 55.92 pullback low breaks the asia trendline and reopens the 55.39 cpi low
Close above the 56.36 asian high exposes the 56.57 august low, then the 38.2% CPI drop fib near 56.68
US PPI and Retail Sales at 12:30 UTC (~9h) could materially shift this read
03:03 UTC
Rebounding after post-CPI flush · RSI 68 · price 56.289
Asia higher-low chain off post-CPI base.
The hot US core CPI flushed silver from 58.78 to a 55.385 CPI low in NY hours. Asia broke the post-CPI base and has built higher lows off the 55.466 Asian low, with the pullback holding the 55.919 higher low near the 50% retrace. Price is now pressing the 56.356 Asian high, with the 56.57 August low and the 56.948 CPI bounce high above; RSI(14) is near 68.
Support: 55.919, 55.466, 55.385
Resistance: 56.356, 56.57, 56.948
What it said to watch
M15 close above the 56.356 Asian high opens a test of the 56.57 August low, then the 56.948 CPI bounce high
Break below the 55.919 higher low and the Asia trendline unwinds the bounce toward the 55.466 Asian low
Loss of the 55.385 CPI low resumes the post-CPI downtrend
London open in ~4h is the first test of the Asian range
US PPI, Retail Sales and Claims at 12:30 UTC (~9.5h) could materially shift this read
02:47 UTC
Intraday bounce off post-CPI lows, pausing below Asia high · RSI 61 · price 56.104
Asia break of post-CPI range top, higher low at 55.919 holding.
After the hot core CPI flush, the Asia session lifted silver out of the 55.39–55.78 range top, rallying from the 55.466 Asia low to a 56.356 Asia high before stalling. The pullback found a swing low at 55.919, near the 50% fib of the Asia bounce and on the Asia uptrend line, with price still capped below the 56.57 August low; RSI(14) ~61, no extreme.
Support: 55.919, 55.78, 55.466
Resistance: 56.356, 56.57
What it said to watch
M15 close below the 55.919 swing low and the Asia uptrend line puts the 55.78 range top back in play
Break of the 56.356 Asia high exposes the 56.57 August low broken on CPI
London open in ~4h is the next test of the Asian range
US PPI/Retail Sales Thu 12:30 UTC (~13h) could materially shift this read
Asia range break from 55.47–55.80, now pulling back with lower highs off 56.356.
The hot-core-CPI flush bottomed at a 55.385 post-CPI low late in NY. Asia broke the 55.47–55.80 overnight range and ran to a 56.356 Asian high, where it was rejected. Price now carves lower highs and holds the 55.95 pullback low, near the 38.2% retracement, with RSI(14) cooled to 57.
Support: 55.95, 55.78, 55.385
Resistance: 56.356, 56.57
What it said to watch
Loss of the 55.95 pullback low exposes the 55.78 range top and the 61.8% retracement
M15 close above the 56.356 Asian high breaks the lower-highs sequence and puts the 56.57 August low in play
Return below the 55.385 post-CPI low resumes the downtrend
US PPI, Retail Sales and Claims at 12:30 UTC (~10h) could materially shift this read
Asian range breakout, now coiling 55.95–56.36 under EMA50.
The hot US core CPI flushed silver from 58.78 to a 55.385 CPI low. Asia broke above its 55.47–55.73 range top and lifted to a 56.356 session high, roughly a 28% retrace. Price has since coiled above a 55.951 swing low, holding over EMA20 but capped near EMA50 around 56.24.
Support: 55.951, 55.727, 55.385
Resistance: 56.356, 56.57
What it said to watch
M15 close above the 56.356 session high opens the 56.57 August low, the old floor CPI broke
Loss of the 55.951 swing low and the rally trendline puts the 55.727 range top back in play
Fresh lows below the 55.385 CPI low would resume the post-CPI downtrend
US PPI, Retail Sales and Claims at 12:30 UTC Thu could materially shift this read
01:47 UTC
Downtrend, Asia bounce stalling · RSI 64 · price 56.051
Post-CPI base broken higher; holding 56.00 below session high.
The hot US core CPI print drove a flush from 58.78 to a 55.385 swing low during NY hours, followed by a 55.39–55.80 base. The Asia bounce cleared that base top and stalled at a 56.356 session high. Price is now holding the 56.00 psych area, which lines up with the 38.2% retrace of the Asia bounce, with RSI(14) cooling from the high 60s.
Support: 56.00, 55.72, 55.385
Resistance: 56.356, 56.57
What it said to watch
M15 close back below 56.00 psych puts the 55.72 base top back in play
Acceptance above the 56.356 session high opens the 56.57 aug low, the CPI breakdown level
Failure to hold the 55.385 swing low resumes the lower-low sequence
US PPI / Retail Sales / claims cluster at 12:30 UTC (~11h) could materially shift this read
Asia break above post-CPI range, stalling at session high.
After the hot-CPI flush to 55.385, Asia session broke above the post-CPI range top at 55.80 and lifted to a 56.356 session high. Upper wicks at 56.31–56.36 show the bounce stalling near the 23.6% retrace of the CPI drop, with RSI(14) near 74 and the August low at 56.57 just overhead.
Support: 55.98, 55.795, 55.466
Resistance: 56.356, 56.464, 56.57
What it said to watch
M15 close above the 56.356 session high exposes the 56.46 swing high and the 56.57 aug low
Break of the Asia trendline near 55.98 weakens the bounce structure
Return below the 55.80 range top puts price back inside the post-CPI range, with the 55.47 asia low next
US PPI, Retail Sales and claims Thu 12:30 UTC could materially shift this read
After the hot US core CPI flushed silver from 58.78 to a 55.385 cpi low, price based between 55.39 and 55.80 into the close. Early in the Asia session it broke the range top and ran to a 56.31 session high. It is now stalling at the 23.6% fib retrace (~56.19), with EMA50 near 56.25 overhead and RSI(14) around 72 after a near-straight climb. The 56.00 psych level and the Asian uptrend line sit just below.
Support: 56.00, 55.80, 55.385
Resistance: 56.311, 56.464, 56.57
What it said to watch
M15 close above the 56.31 session high opens the 56.46 bounce high and the 56.57 aug low (August low)
Break of the Asian uptrend line and a close back under 56.00 psych shifts focus to a retest of the 55.80 range top
Failure to hold the 55.80 range top puts price back in the post-CPI base, with the 55.385 cpi low exposed
US PPI / Retail Sales / Claims bundle Thu 12:30 UTC (~11h) could materially shift this read
55.39–55.80 base broken to upside; lower-high structure overhead still intact.
The hot US core CPI print flushed silver from 58.78 to a 55.39 swing low during NY hours. Price then based between 55.39 and 55.80 into the Asia session, holding a higher low at the 55.47 Asian low. The early-Asia bounce has broken the range top at 55.80 and is tagging the 23.6% fib near 56.19 at the session high. RSI(14) is near 73 and price is pressing EMA50, with the 56.46 bounce high and the 56.57 August low overhead.
Support: 55.80, 55.466, 55.385
Resistance: 56.464, 56.57
What it said to watch
Close back below the 55.80 range top returns price to the post-CPI base
Rejection at 56.46–56.57 (bounce high / August low) keeps the CPI downtrend intact; acceptance above opens the 38.2% fib near 56.68
Break of the higher-low line and the 55.47 Asian low exposes the 55.39 swing low
US PPI, Retail Sales and Claims at Thu 12:30 UTC could materially shift this read
00:47 UTC
Downtrend, early Asia rebound · RSI 74 · price 56.168
Post-CPI base 55.39–55.80 broken to the upside, price pressing fib 23.6.
The hot core CPI print flushed silver from 58.78 to a 55.385 post-cpi low. NY then held a tight 55.39–55.80 base, carving a higher low at 55.466. Early Asia session has broken the range top at 55.795 and is now testing the fib 23.6 near 56.19, with RSI(14) near 74.
Support: 55.795, 55.466, 55.385
Resistance: 56.19, 56.464, 56.57
What it said to watch
Close above the 56.464 swing high puts the 56.57 august low, the CPI breakdown level, in play
Slip back below the 55.795 range top marks the Asia break as a false break
Loss of the 55.466 higher low reopens the 55.385 post-cpi low
US PPI, Retail Sales and Claims Thu 12:30 UTC (~12h) could materially shift this read
Post-CPI range 55.39–55.80 broken higher in Asia; higher low at 55.47.
Silver flushed from 58.78 to 55.39 on the hot core CPI print, then spent the NY session inside a 55.39–55.80 range. Early Asia set a higher low at the 55.47 asian low and pushed through the range top to 56.07. Price is now just under the 23.6% CPI flush fib near the 56.20 swing high, with RSI(14) near 69.
Support: 55.80, 55.466, 55.385
Resistance: 56.205, 56.464, 56.57
What it said to watch
M15 close back below 55.80 range top returns price to the post-CPI range
Close above the 56.20 swing high and 23.6% fib opens the 56.46 prior high and 56.57 august low
Loss of the 55.47 asian low breaks the higher-lows line toward the 55.39 post-cpi low
US PPI, Retail Sales and Claims at 12:30 UTC (~12h) could materially shift this read
Breaking above 55.39–55.80 post-CPI range, higher lows since 19:00 UTC.
The hot US core CPI print drove silver from 58.78 to a 55.385 post-CPI low, followed by a 55.39–55.80 range through NY hours. Early in the Asia session price has pushed through the range top to 55.90, near the 50% fib retrace of the post-CPI leg from the 56.464 swing high. Higher lows at the Asia low of 55.466 sit on the rising support line, while the 56.00 psych level and prior breakdown area lie just overhead.
Support: 55.795, 55.466, 55.385
Resistance: 56.00, 56.464
What it said to watch
Holding above the 55.795 range top keeps the range break intact; a slip back inside reframes it as a false break
Rejection near 56.00 psych and the 50–61.8% fib zone would cap the bounce below the 56.464 swing high
A break of the 55.466 Asia low, then the 55.385 post-cpi low, resumes the lower-low sequence
US PPI and Retail Sales Thu 12:30 UTC (~12h) could materially shift this read
Post-CPI consolidation 55.39–55.80 below flush lows; early Asia pressing range top.
The hot US core CPI at 12:30 UTC flushed silver from 58.78 to sub-55.50 in NY hours. Since then it has held a tight consolidation between the 55.385 swing low and the 55.80 range top. Early Asia session is pressing that range top, with RSI(14) recovered to ~59.
Support: 55.466, 55.385
Resistance: 55.795, 56.17, 56.57
What it said to watch
M15 close above the 55.80 range top opens the 56.17 breakdown level, then the 56.57 August low
Loss of the 55.47 Asia low and the 55.385 swing low resumes the post-CPI downtrend
US PPI / Retail Sales / claims Thu 12:30 UTC (~12.5h) could materially shift this read