Silver spiked to 71.54 in the NY session then collapsed to 66.79 as a hawkish FOMC (dots lifted to 3.8%) and a hot retail sales beat repriced the Fed. Price has lost the week's 69.7–70.8 range and now trades below the 200-day reference at 68.59, with a tepid bounce back to 67.95 into the close. RSI(14) flushed toward oversold on the drop and sits near 38.
Support: 66.79
Resistance: 68.59
What it said to watch
Reclaim of 68.59 (200-day) would ease the breakdown read
Failure to hold the 66.79 week low opens further downside
FOMC press conference follow-through could extend the volatility
23:03 UTC
Sharp reversal lower from week high · RSI 36 · price 67.953
Spike rejection, lower highs after the drop.
Silver spiked to 71.54 then collapsed to 66.79 as the hawkish FOMC hold and the hot retail sales beat repriced the Fed — a near-5 dollar reversal in two H1 bars. Price is bouncing back toward the 200-day SMA at 68.59, the bull/bear pivot, but sits below both EMA(20) and EMA(50) with RSI(14) crushed into the mid-30s. The final bar is thin (v35), so the 67.95 print is fragile.
Support: 66.792
Resistance: 68.59
What it said to watch
Reclaim of 68.59 (200-day) would soften the reversal read
Failure to hold 66.79 confirms a deeper lower-low toward 63.80
FOMC press-conference aftermath could re-accelerate the move
This week's US-Iran/weaker-USD surge to 71.54 reversed violently into the NY session after a hawkish FOMC dot-plot and a hot retail sales beat repriced the Fed; silver shed nearly 4% in two bars, slicing through the 200-day pivot at 68.59 and the week's higher-low structure. Price now sits at 67.93, below both EMA(20) and EMA(50), with RSI(14) pressed into oversold territory after the spike high failed at 71.54.
Support: 66.79, 63.80
Resistance: 68.59
What it said to watch
Powell presser live could materially shift this read
Reclaim of 68.59 (200-day) needed to repair the breakdown
Failure to hold 66.79 swing low confirms a lower low, exposes 63.80
22:03 UTC
Sharp reversal lower from week's high · RSI 36 · price 67.93
Uptrend broken, impulsive selloff through key pivots.
Silver collapsed from the week's $71.54 high to near $67 across two NY-session bars after a hawkish FOMC dot-plot revision and a hot 0.9% retail sales beat repriced the Fed. The drop sliced through both the 200-day SMA at 68.59 and the prior 70.50 ceiling, dragging price under EMA(20) and EMA(50) with RSI(14) sagging to ~36. Price is now stalling near the 50% retrace (~67.70) of the week's 63.63–71.54 advance.
Support: 67.01, 63.83
Resistance: 68.59, 70.50, 71.54
What it said to watch
H1 close back above 68.59 (200-dma) would neutralise the downside break
Failure to hold 67.00 exposes the week-open zone near 63.83
Powell presser live and Thu jobless claims/Philly Fed could extend the repricing
Silver spiked to a fresh week high at 71.54 in the NY session before a hawkish FOMC dot-plot revision and a hot retail sales beat triggered a near-4% collapse, slicing through the 200-day SMA at 68.59 down to 67.01. Price is now bouncing off that day low toward 67.93 with RSI(14) oversold after the impulse down. The week's bullish structure is broken; 68.59 has flipped from reclaimed support to overhead resistance.
Support: 67.01, 66.79, 63.80
Resistance: 68.59, 71.54
What it said to watch
Live Powell presser could extend or fade the selloff in the next bars
H1 close back above 68.59 (200-day sma) needed to repair the break
Loss of 67.01 day low / 66.79 sweep low opens the path toward 63.80
Silver spiked to 71.54 in early NY before a hawkish FOMC — held at 3.75% with sharply lifted dots plus a hot 0.9% retail sales beat — triggered a near 4-point collapse back to 67.0, slicing through the 200-day SMA at 68.59. RSI(14) is washed out near 31 and price now trades far below EMA20/EMA50, having retraced more than half of the week's bounce off 63.63. The 70.50 resistance that capped the week was rejected after the false break of 71.54.
Support: 66.79, 65.87, 63.80
Resistance: 68.59, 70.50
What it said to watch
FOMC presser live now — the swing factor that drove this flush
Reclaim of 68.59 200-dma needed to stabilise the read
Close below 66.79 swing low exposes 65.87 and 63.80
Silver's near-4% surge from Monday's ~$63.6 base to a $71.54 print rolled over hard into the NY session as a hawkish FOMC dot-plot and a 0.9% retail sales beat repriced the Fed. Price collapsed through the $68.59 200-day SMA in two outsized bars, with RSI(14) cratering to ~31 from prior overbought as the week's high was unconfirmed. The $66.79 session low is now the immediate floor after the breakdown.
Support: 66.79, 63.80
Resistance: 68.59
What it said to watch
FOMC press conference live now could materially shift this read
Recovery above 68.59 (200-day SMA) would negate the breakdown
Failure to hold 66.79 opens the path toward 63.80 week open
Rejection from week high, breaking back below EMAs.
Silver spiked to a fresh week high of 71.54 before collapsing nearly 2.9 points on the bar to 68.65, then settling around 69.22 — a sharp rejection as the hawkish FOMC dot-plot and the 0.9% retail sales beat repriced yields. Price has dropped back below EMA(20) and EMA(50) after holding above them since the gap-up, with RSI(14) rolling from overbought toward 40. The 200-day SMA at 68.59 caps the downside so far and is the pivot the week's bounce now leans on.
Support: 68.59
Resistance: 70.50, 71.54
What it said to watch
Powell presser live now is the swing factor and could materially shift this read
Hourly close below 68.59 (200dma) opens the path toward 63.80
Reclaim of 70.50 needed to repair the rejection
19:02 UTC
Uptrend stalling, sharp reversal off week high · RSI 44 · price 69.22
Rejection from 71.54 spike back below 70.50.
Silver surged from Monday's ~63.74 open to a 71.54 spike before being slammed back to 68.65 in a single hour as the hawkish FOMC dots (lifted to 3.8%/3.6%) and a hot retail sales beat repriced real yields. The week's 70.50 ceiling has now capped repeatedly and the latest push above it was rejected outright, leaving price back near 69.22 and below EMA20/EMA50. The 200-day SMA at 68.59 is the line bulls reclaimed this week and is the immediate pivot below.
Support: 68.59, 68.65
Resistance: 70.50, 71.54
What it said to watch
FOMC press conference live now — the swing factor for this read
Failure to hold 68.59 opens the path toward 63.80
Reclaim of 70.50 needed to reassert the week's uptrend
18:02 UTC
Uptrend off lows, consolidating · RSI 52 · price 70.542
Range below 71.30 after weekend gap up.
Silver gapped higher into the new week and has spent the last two days ranging 69.30–71.30 after a ~14% recovery off the $61.50 low. The latest bar spiked to a fresh week high at 71.54 then rejected back to 70.54 on the FOMC release, with hot US retail sales (0.9% vs 0.5%) lending a hawkish undertone. RSI(14) is cycling near 50 while price holds above EMA20 and EMA50 but stalls under the 70.50–71.30 pivot zone.
Support: 69.30, 68.59
Resistance: 71.30, 71.54
What it said to watch
FOMC dot-plot and Powell presser at 18:30 UTC could materially shift this read
An H1 close above 71.30 opens the path toward 72.25
Consolidation below 70.50 pivot after week's rebound.
Silver rebounded hard off the sub-$64 area and gapped higher into Monday's open, then spent the last two days ranging 69.30–71.30 capped by the $70.50 pivot. The latest bar tagged 71.54 before a sharp rejection back to 70.54, with RSI(14) cycling around the midline. Haven bid has faded post US-Iran deal, leaving this a pure FOMC/rates trade.
Support: 69.30, 68.59
Resistance: 71.54, 72.25
What it said to watch
FOMC decision and dot-plot now, Powell at 18:30 UTC — could materially shift this read
Sustained close above 71.54 week high opens the path to 72.25
Loss of 69.30 swing low reopens the 200-dma at 68.59
Silver recovered sharply off the early-week low to reclaim the 200-DMA, but the rally has stalled below the 71.20 week high since Tuesday's session. Price holds above EMA(20) with RSI(14) cycling mid-range as traders trim positions into the FOMC; today's hot US retail sales beat added a hawkish undertone. The 70.50 pivot is the line between the current consolidation and a deeper fade.
Support: 70.50, 69.80
Resistance: 71.20
What it said to watch
FOMC decision and dot-plot at 18:00 UTC (~1h) could materially shift this read
H1 close above 71.20 reopens the path toward 72.25
Loss of the 70.50 pivot exposes the 69.80 swing low and 200-DMA region
Silver gapped higher into the new week and has since consolidated in a 69.05–71.31 band, with price holding above EMA(20)/EMA(50) and RSI(14) cycling near 55. Today's hot US retail sales (0.9% vs 0.5%) added a hawkish undertone but failed to break the 70.50 pivot, which has now flipped to a floor as the NY session pushed back toward 70.80. The structural cap stays the 71.20 week high.
Support: 69.90, 69.26, 68.59
Resistance: 70.80, 71.20, 71.31
What it said to watch
FOMC decision plus dot-plot at 18:00 UTC and Powell/Warsh at 18:30 UTC could reset this read
Hourly close above 71.20 opens the path toward the 50-DMA zone higher
Loss of 69.90 then 69.26 reopens the 200-DMA at 68.59
16:02 UTC
Uptrend, consolidating near highs · RSI 61 · price 70.782
Range below week high after strong recovery.
Silver recovered off the low-$60s and gapped higher into this week's open, then settled into a $69.30–71.20 range while holding above the 200-DMA (~$68.59). Price is pressing the top of that range near 70.78 with RSI(14) cycling around 60, and the latter sessions have printed a series of higher lows. FOMC and the fresh dot plot in roughly two hours is the binary catalyst.
Support: 69.30, 68.59
Resistance: 71.20, 72.25
What it said to watch
FOMC decision + dot plot at 18:00 UTC is the dominant near-term catalyst
H1 close above 71.20 (week high) opens the path to 72.25
Loss of 69.30 range low reopens the 200-dma at 68.59
16:02 UTC
Uptrend, ranging at highs · RSI 61 · price 70.782
Range 69.0–71.3 after week's impulse, pressing top.
Silver ripped ~6% off Monday's $63.36 low into a gap-up open, then spent the back half of the week consolidating 69.0–71.3, holding the reclaimed 200-DMA near 68.59. Price is pressing the 70.50 pivot into the NY session with RSI(14) cycling in the upper-50s and price above both H1 EMAs; the move has stalled as traders sit on hands ahead of FOMC. The week's high at 71.30 has capped two attempts.
Support: 70.50, 69.26, 68.59
Resistance: 71.30, 72.25
What it said to watch
FOMC + dot plot at 18:00 UTC is the binary; could materially shift this read
Clean H1 close above 71.30 opens the path toward 72.25
Loss of 70.50 pivot and 69.26 range low reopens the 200-dma at 68.59
15:02 UTC
Uptrend stalling, now ranging · RSI 52 · price 70.363
Consolidation above 200-dma after weekend gap.
Silver gapped higher into the new week and has since chopped in a 69.05–71.31 band, holding above the 200-dma (~68.59) as traders sit on hands ahead of FOMC. Price reclaimed the $70.50 pivot on the last two bars but RSI sits flat near 50, reflecting the pre-event drift. The week's recovery off the low-$60s washout has parked the market at a binary level.
Support: 69.50, 69.05, 68.59
Resistance: 70.50, 71.31, 72.25
What it said to watch
FOMC decision + dot plot in ~3h is the dominant catalyst for this read
A clean H1 close above 70.50 exposes the 71.31 week high then 72.25
Loss of 69.50 reopens the 69.05 swing low and the 200-dma at 68.59
15:02 UTC
Uptrend stalling, now ranging · RSI 53 · price 70.363
Consolidation under 71.30 after weekend gap-up.
Silver gapped higher into Monday's open after the recovery from the low-$60s washout, then settled into a 69.30–71.31 range with price hovering on the 70.50 pivot. RSI(14) is mid-band near 53 and pullbacks are finding EMA(20) around 70.0, keeping the chop balanced. The 71.31 week high capped the run while demand has repeatedly stepped in near 69.30, the 23.6% retrace of the week's impulse.
Support: 69.30, 68.59
Resistance: 70.50, 71.31
What it said to watch
FOMC decision in ~3h with dot plot is the binary catalyst for this read
Clean H1 close above 70.50 then 71.31 opens the path higher
Silver ripped roughly 10% off the $63 area earlier in the week and reclaimed the 200-day SMA, but the rally has stalled into a tight consolidation just under the $71.30 week high. Price is hovering on EMA20 with RSI flattened near 50 as traders park ahead of the FOMC decision. The $70.50 pivot has capped the last few attempts while $69.50 has contained the dips.
Support: 69.50, 69.05
Resistance: 70.50, 71.30
What it said to watch
FOMC at 18:00 UTC plus Powell presser is the dominant catalyst and can reset this read
Loss of 69.05 week low neutralizes the breakout and the double-bottom read
Hourly close above 71.30 opens the path toward 72.25
Silver ripped ~10% off this week's $61.50 low on USD softness and the US-Iran de-escalation, reclaiming the $70 round handle before stalling. Price pushed to a $71.31 week high mid-week then drifted back, with supply capping near $70.80 and RSI(14) cycling around neutral. The metal is now coiling either side of $70 with EMA20 flattening as traders park ahead of the Fed.
Support: 69.30, 68.59
Resistance: 70.79, 71.31
What it said to watch
FOMC at 18:00 UTC (~4h) plus Warsh presser is the dominant catalyst for this read
H1 close above 71.31 week high reopens the upside path toward $72.25
Loss of the $70 round and $69.30 swing low neutralizes the consolidation
Break below the 200d sma at 68.59 voids the breakout structure
Silver ripped off the $62.78 low into the $71.31 week high on the US-Iran de-escalation flow and softer USD, but the rally has stalled and price is grinding sideways in the 69.7–70.5 band, now slipping just under EMA20/EMA50. RSI(14) has cycled back to the mid-40s as the week's lower highs cap each NY-session push. The $70.50 pivot has held the upside while the $69.40 area marks the lower bound of this consolidation.
Support: 69.40, 68.59
Resistance: 70.50, 71.18
What it said to watch
FOMC decision + dot plot at 18:00 UTC and Powell presser 18:30 — the dominant catalyst for the next bars
H1 close above 70.50 reopens the path toward 71.18 / 72.25
Silver ripped ~14% off the 62.78 low into Monday's 71.30 peak, then has consolidated 69.40–70.50 over the past two days as the US-Iran de-escalation rally lost momentum. Price now sits just below EMA20 with RSI(14) mid-range; the 70.50 pivot has capped each rebound while demand has held 69.40. FOMC dot plot at 18:00 UTC is the pending catalyst, and most of the dovish-hold is already priced.
Support: 69.40, 68.59
Resistance: 70.50, 71.20
What it said to watch
Close above 70.50 pivot opens the path back to 71.20 / 72.25
Loss of 69.40 confirms a lower-low, exposing the 200d sma at 68.59
FOMC rate decision + dot plot at 18:00 UTC can materially reset this range read
Silver staged a violent V-recovery off the early-week base and pushed to a 71.31 week high before settling into a 69.3–71.3 range, with the 70.58 pivot capping the upside. Price has since drifted back to the lower half near 69.77 with RSI(14) cooling toward 43 and now trading below EMA20. Action is compressing into the FOMC dot plot, with the reclaimed 200-DMA at 68.59 underpinning.
Support: 69.34, 68.59
Resistance: 70.58, 71.31
What it said to watch
FOMC rate decision and dot plot at 18:00 UTC is the catalyst and could materially shift this read
Close below 69.34 confirms a lower-low and exposes the 68.59 200-dma
Reclaim of the 70.58 pivot reopens the 71.31 week high
12:02 UTC
Uptrend stalled, ranging · RSI 43 · price 69.765
Range below 70.50 pivot, lower highs forming.
Silver gapped higher into Monday and has ground sideways since, capped repeatedly near the 70.50 pivot and the 71.30 week high while holding the 69.05-69.30 base. Price has slipped under EMA20 with RSI(14) cycling back toward the low 40s as the metal coils ahead of the FOMC dot plot. The reclaimed 200-DMA at 68.59 remains the deeper support reference into the decision.
Support: 69.30, 69.05, 68.59
Resistance: 70.50, 71.30
What it said to watch
FOMC dot plot at 18:00 UTC is the catalyst — could materially shift this read
US Retail Sales at 12:30 UTC; a strong beat tends to cap silver near 70.50
H1 close above 70.50 pivot reopens the 71.30 week high
Loss of 69.05 session low confirms a lower low toward the 200-dma at 68.59
Silver staged a sharp V-recovery off the sub-$63 low and gapped higher over the weekend, then has chopped sideways between roughly 69.30 and 71.20 since. The 70.50 pivot has capped attempts twice this week while pullbacks have found buyers near 69.30; price now sits just under EMA20 as the market refuses directional bets into the FOMC dot plot. Softer USD on US-Iran de-escalation kept the bid intact, but the metal is coiled and waiting on the Fed.
Support: 69.30, 68.59
Resistance: 70.50, 71.20
What it said to watch
FOMC dots at 18:00 UTC is the catalyst — likely to break this range
H1 close above 70.50 week pivot opens the path toward 71.20
Failure to hold 69.30 swing low exposes the 200-dma at 68.59
US Retail Sales at 12:30 UTC could shift the pre-FOMC USD read
Consolidation below 70.50 pivot after weekly surge.
Silver staged a violent V-recovery off the 62.78 base on the US-Iran de-escalation and softer USD, gapping higher into this week and topping at the 71.30 week high. Since then price has gone sideways below the 70.50 pivot, now drifting just under EMA20 with RSI(14) cooling toward 45 as traders refuse directional bets into the FOMC. The 69.26 swing low and 69.05 range low have contained the dips, with the reclaimed 200-dma at 68.59 below as the deeper floor.
Support: 69.26, 69.05, 68.59
Resistance: 70.50, 71.30
What it said to watch
FOMC dot plot at 18:00 UTC is the catalyst and could materially shift this read
Close above 70.50 pivot opens the path toward 71.30 week high
Failure to hold 69.05 range low confirms a lower-low and exposes the 200-dma at 68.59
Silver staged a sharp V-recovery this week off the $64 base toward 71.31, but has spent the last two sessions grinding sideways below the 70.50 pivot as traders sit on their hands into the FOMC. Price slipped under EMA(20) on the latest pullback to the 69.30 swing low yet holds above EMA(50), with RSI(14) cycling back near the midline. The drift reflects a softer USD on US-Iran de-escalation balanced against pre-Fed caution.
Support: 69.30, 68.59
Resistance: 70.50, 71.31
What it said to watch
H1 close above 70.50 pivot reopens the 71.31 week high
Failure to hold 69.30 swing low exposes the 200-dma at 68.59
FOMC dot plot at 18:00 UTC is the catalyst and could reset this read
Consolidation under week high after Monday impulse.
Silver opened the week with a violent V-recovery off the $61.50 low, gapping up over the weekend and surging toward $71.30 on US-Iran de-escalation and a softer USD. Since Tuesday's session it has coiled in a $69.30–$71.20 range, parked under the $70.50 pivot with price slipping below EMA20 and RSI cycling around 46. The grind is positioning into the FOMC dot plot rather than fresh directional conviction.
Support: 69.30, 68.59
Resistance: 70.50, 71.20
What it said to watch
FOMC dot plot at 18:00 UTC is the dominant catalyst for this read
H1 close above 70.50 pivot opens the path toward 71.20 week high
Failure to hold 69.30 swing low exposes the 200-dma at 68.59
US Retail Sales at 12:30 UTC could shift the USD ahead of the Fed
Silver staged a sharp V-recovery from Monday's 62.78 low to 71.30, helped by the softer USD on US-Iran de-escalation, then gapped higher over the weekend and has gone sideways between roughly 69.30 and 71.30 since. Price now sits at 69.69, slipping back below EMA20/EMA50 as it parks under the 70.50 pivot into the FOMC. RSI(14) has cooled toward the mid-40s alongside the recent fade off the highs.
Support: 69.30, 68.59
Resistance: 70.50, 70.84, 71.30
What it said to watch
FOMC dot plot at 18:00 UTC is the dominant catalyst and could reset this read
Retail Sales at 12:30 UTC may move USD and silver into the decision
H1 close below 69.30 confirms a lower-low and pressures 68.59
H1 close above 70.50 reopens the path toward 70.84 and 71.30
Consolidation below the week high after the rally.
Silver gapped higher into this week's open and ran to a 71.30 high before settling into a 69.30–71.20 range, the rebound off $61.50 driven by a softer USD and unwinding US-Iran haven flows. Price is now clinging to the $70 figure, dipping just below EMA(20)/EMA(50) as RSI(14) cools to mid-range. The $70.50 trigger has capped the upside while demand has repeatedly stepped in around 69.30.
Support: 69.30, 68.59
Resistance: 70.50, 71.20
What it said to watch
FOMC decision + dot plot at 18:00 UTC is the dominant catalyst and could break this range either way
US Retail Sales at 12:30 UTC — a beat tends to firm USD pre-Fed
Hourly close below 69.30 confirms a lower low and exposes 68.59
Clean break above 70.50 opens the path back to the 71.20 week high
Silver has been consolidating just under $70 after the sharp rebound off the $61.50 area earlier in the week, with price now pinned to EMA20/EMA50 around 70.1-70.3. The 71.18 week high capped the advance and successive lower highs have built since, while the 69.30 swing low and the 200-day SMA at 68.59 anchor the downside. Two-way risk dominates with US Retail Sales and the FOMC dot plot ahead.
Support: 69.30, 68.59
Resistance: 70.50, 71.18
What it said to watch
H1 close above 70.50 break trigger opens the path back to 71.18
Loss of 69.30 swing low exposes the 200-day sma at 68.59
Retail Sales 12:30 UTC and FOMC 18:00 UTC could materially shift this read
Consolidation under week high after weekend gap up.
Silver opened the week near $63.5 and ran to a $71.31 week high, with a weekend gap up from $68 to $69.4 marking the bulk of the move. Since then price has coiled in a tight $69.26-$70.79 range, holding above EMA(20) and the $68.59 200-day SMA as USD softness and the US-Iran de-escalation kept a bid in metals; RSI(14) has flattened around 53 as the squeeze pauses. The $70.50 trigger has capped repeated attempts, leaving structure balanced into the Fed.
Support: 69.85, 69.26, 68.59
Resistance: 70.50, 70.79, 71.20
What it said to watch
Hourly close above 70.50 then 70.79 opens the path back to the 71.20 week high
Loss of the 69.26 wk floor exposes the 68.59 200-day SMA
FOMC decision and dot plot at 18:00 UTC is the dominant catalyst and could reset this range
US Retail Sales 12:30 UTC could drive a pre-Fed move off the 69.85 swing low
Silver impulsed from the 62.78 low to a 71.31 week high, gapped up over the weekend and has since traded a tight 69.30–71.20 range around the $70 figure. Price holds above EMA20 and EMA50 with RSI cycling near neutral, reflecting trimmed risk into the FOMC. The 200-day SMA at 68.59 remains the floor under this recovery.
Support: 69.30, 68.59
Resistance: 71.31
What it said to watch
FOMC decision and dot-plot at 18:00 UTC is the dominant catalyst for this read
Close above 71.31 week high opens the path toward 72.25
Failure to hold 69.30 swing low exposes the 200-day sma at 68.59
Silver gapped higher into this week's open after the US-Iran framework deal crushed oil and softened the USD, then ran to a week high at 71.30 before settling into a 69.30–71.30 range. Price is hugging EMA20/EMA50 near 70.30 with RSI mid-range, and the reclaimed 200-day SMA at 68.59 now sits as a floor under the recovery. Two-way drift as traders trim risk ahead of the Fed.
Support: 69.30, 68.59
Resistance: 70.50, 71.30, 72.25
What it said to watch
FOMC decision + dot plot at 18:00 UTC is the dominant catalyst for this read
US Retail Sales at 12:30 UTC could steer the pre-Fed USD bid
Close above 70.50 trigger opens the path to 72.25
Failure to hold 68.59 negates the double-bottom recovery
06:02 UTC
Uptrend stalling, now ranging · RSI 50 · price 70.322
Consolidation under 71.30 after gap-up rally.
Silver gapped higher into Monday's open and has since coiled in a 69.05–71.31 band, holding either side of the 70.00 round number with RSI(14) flat near 50. The 71.31 week high capped the rally and lower highs into Wednesday's NY session show momentum cooling; price is hugging EMA(20) as the range tightens. Traders trimmed risk ahead of today's FOMC after a ~14% rebound off the 61.50 low.
Support: 70.00, 69.05
Resistance: 71.31
What it said to watch
FOMC decision and dot plot at 18:00 UTC is the dominant catalyst for this range
US Retail Sales at 12:30 UTC could firm USD and pressure silver toward 69.05
H1 close above 71.31 invalidates the range and reopens the upside
Loss of 69.05 confirms a lower-low and breaks the week's range
05:03 UTC
Uptrend off lows, consolidating · RSI 49 · price 70.045
Rebound stalling below week high, ranging near 70.
Silver ripped ~14% off the $61 low this week on the US-Iran framework deal, softer USD and collapsing oil, reclaiming the $70 pivot and the 200-day SMA. Since the week high at 71.31 the metal has gone sideways, with lower highs capping rallies and price now coiling around 70.00 into the Fed; RSI(14) has rolled back toward mid-range as momentum cools. Both EMA(20) and EMA(50) sit just overhead with price probing the underside.
Support: 70.00, 69.05
Resistance: 71.31, 72.25
What it said to watch
Hold above the 70.00 pivot keeps the rebound intact; loss of 69.05 confirms a lower-low
Close back above 71.31 reopens the path toward the 72.25 barrier
US Retail Sales 12:30 UTC and the FOMC decision + dot plot at 18:00 UTC are the dominant two-way risks
Silver reclaimed $70 on this week's sharp rebound off the lows, helped by a softer USD and falling oil, but momentum has flattened with price coiling between 69.80 and 70.80 since the 71.31 week high. RSI(14) sits near 46 as price slips just below EMA20/EMA50, with lower highs capping and higher lows holding into the FOMC decision.
Support: 69.80, 69.05
Resistance: 70.80, 71.31
What it said to watch
H1 close above 70.80 reopens the path to the 71.31 week high
Loss of 69.80 exposes the 69.05 swing low
FOMC decision + dot plot at 18:00 UTC is the dominant two-way risk
04:02 UTC
Rebound stalling, now ranging · RSI 49 · price 70.121
Consolidation below week high after gap-up impulse.
Silver gapped higher into this week's open and pushed to a 71.31 week high before stalling; price has since coiled in a 69.05–71.31 range and is now pinned around the 70.00 psych pivot, just under EMA20. The metal is consolidating its post-Iran-deal, soft-USD rebound as traders square up ahead of the Fed. RSI(14) sits near 48, reflecting the loss of upside momentum without a fresh lower low.
Support: 70.00, 69.05
Resistance: 71.31
What it said to watch
FOMC decision and dot plot at 18:00 UTC is the dominant two-way catalyst for this read
H1 close below 69.05 swing low confirms a lower-low and breaks the range
Reclaim and close above 71.31 week high reopens the upside path
US Retail Sales at 12:30 UTC could move price ahead of the decision
04:02 UTC
Uptrend stalling, now ranging · RSI 48 · price 70.121
Consolidation under week high after impulse.
Silver ripped off the sub-$64 lows on the US-Iran de-escalation framework and softer USD, reclaiming $70 before a weekend gap higher, and has since coiled between 69.80 and 71.31. Price is pinned at the 61.8% retrace (~70.12) of the post-gap impulse with RSI flattening near 48 and both EMAs hugging price. The $70.00 psych pivot remains the line that's keeping the rebound intact.
Support: 70.00, 69.80
Resistance: 70.50, 71.31
What it said to watch
FOMC decision + dot plot at 18:00 UTC is the dominant two-way risk for this read
US Retail Sales 12:30 UTC could spark pre-Fed volatility around 70.00
Hourly close below 69.80 confirms a lower low and breaks the range floor
Close above 70.50 reopens the path to 71.31 week high
Silver gapped higher into Monday's open after reclaiming $70 on the US-Iran framework deal and a softer USD, then capped two attempts at the 71.31 week high. Price has since chopped in a 69.05–71.31 band, hovering around the 70.00 pivot and the H1 EMA20 with RSI back to neutral near 49 as traders square up ahead of the Fed. The pullback from 71.31 has retraced roughly half its drop, leaving structure balanced.
Support: 70.00, 69.05
Resistance: 71.31
What it said to watch
Hourly close above 71.31 reopens the path higher; failure keeps the range capped
Loss of 69.05 confirms a lower low and breaks the range floor
FOMC decision/dot plot at 18:00 UTC is the dominant two-way risk for this read
US Retail Sales at 12:30 UTC could drive pre-Fed volatility around 70.00
Consolidation below week high after sharp rebound.
Silver ripped ~14% off the $61 low through Monday's session and reclaimed the $70 pivot on the US-Iran de-escalation, softer USD and lower oil, leaving a weekend gap up near 69.40. Price has since coiled in a 69.30-71.20 band, with RSI(14) flattened near 50 and price hugging EMA(20) as traders square up ahead of the Fed. The $71.20 week high has capped attempts while $70.00 keeps drawing demand.
Support: 69.05, 70.00
Resistance: 71.20
What it said to watch
FOMC decision + dot plot 18:00 UTC is the dominant two-way catalyst for this range
H1 close below 70.00 then 69.05 swing low confirms a lower-low
Break and hold above 71.20 week high opens the path higher
US Retail Sales 12:30 UTC could spark pre-Fed volatility around the $70 pivot
Silver gapped higher into the new week and ran to 71.31 before stalling under the 70.50 breakout pivot / 100-day SMA, with the violent ~14% bounce off the 61.02 low now flattening out. Price has chopped between 69.80 and 70.79 for the last sessions as traders booked profit ahead of the Fed, RSI(14) hovering near 53. Demand has stepped in around 69.0–69.8 on each dip while supply caps near 70.79.
Support: 69.80, 69.05, 68.99
Resistance: 70.79, 71.31
What it said to watch
FOMC at 18:00 UTC could materially shift this read
H1 close above 70.79 reopens the 71.31 week high
Loss of 69.80 exposes 69.05 week low and the 68.99 fib
Silver gapped higher into this week's open after the rebound off the $61 area, then stalled and has churned in a 69.80–71.31 band, capped just under the $70.50 pivot/100-day reference. Price holds above EMA20 and EMA50 with RSI(14) hovering mid-range, reflecting the pre-FOMC pause flagged in the macro read. Higher lows since the European-hours dip near 69.05 keep the bounce structure intact but unconvincing.
Support: 69.80, 69.26, 68.59
Resistance: 71.31
What it said to watch
FOMC decision and dot-plot at 18:00 UTC could materially shift this read
US Retail Sales at 12:30 UTC ahead of the Fed
H1 close above 71.31 reopens the squeeze toward 72.25
Loss of 69.26 confirms a lower low and re-exposes 68.59
01:03 UTC
Uptrend stalled, ranging · RSI 51 · price 70.176
Two-day range under week high.
Silver ripped from the sub-$64 base into Tuesday's $71.31 week high on US-Iran peace and a softer dollar, then stalled and has chopped in a 69.05–71.31 range for two days ahead of the Fed. Price sits right on the 50% retrace of the $71.31–$69.05 leg with RSI(14) hovering near 50; the $70.79 range top has capped recovery attempts while $69.05 marks the swing low. The bounce is now a haven-unwind that's losing momentum into the decision.
Support: 69.05
Resistance: 70.79, 71.31
What it said to watch
FOMC rate decision 18:00 UTC plus dot-plot could materially shift this read
US Retail Sales 12:30 UTC ahead of the Fed
H1 close above 70.79 reopens the 71.31 week high
Loss of 69.05 swing low confirms a lower-low and re-exposes 68.59
Silver gapped higher into this week's open and ran to 71.31 before stalling under the 100-day SMA, the violent rebound off the 61-area low fading as traders booked profit ahead of the Fed. Price has since chopped in a 69.30–71.20 range with lower highs capping, now sitting back on the EMA20/EMA50 cluster near 70.18 with RSI hovering around 50. The two-way digest read fits the chart: momentum is stretched and the move is consolidating rather than extending.
Support: 69.30, 68.59
Resistance: 71.20
What it said to watch
FOMC rate decision 18:00 UTC today plus Retail Sales 12:30 UTC could materially shift this read
Hourly close above 71.20 week high would re-open the upside squeeze
Loss of 69.30 swing low re-exposes the 200d sma at 68.59
Silver surged near 4% off the early-week low and gapped higher, peaking at 71.31 before stalling sub-70.50 — the 100-day SMA pivot flagged in the macro digest. Price has since drifted back under EMA20 with RSI cycling near 45 as traders booked profit ahead of the Fed. The 71.31 high capped the rally and 69.40 has so far held the pullback.
Support: 69.40
Resistance: 70.50, 71.31
What it said to watch
FOMC decision 18:00 UTC could materially shift this read
H1 close below 69.40 confirms a lower-low
Reclaim of the 70.50 pivot reopens the 71.31 week high
Consolidation below breakout pivot after double top.
Silver gapped higher into this week as the haven-unwind and softer USD extended the rebound off the YTD low, but the rally stalled below the $70.50 breakout pivot and printed a double top near the $71.30 week high. Price has since drifted back to the 61.8% retracement of the recovery leg, sitting under EMA20 with RSI cooling as traders square up ahead of FOMC. The $69.05 swing low has held as buyers stepped in on each dip.
Support: 69.05, 68.59
Resistance: 70.50, 71.30
What it said to watch
H1 close above 70.50 breakout pivot reopens the 71.30 week high
Loss of 69.05 swing low confirms a lower-low and exposes the 68.59 200-day SMA
FOMC decision 18:00 UTC could materially shift this read