Silver rallied off the 54.9 low through the NY session to a 56.19 session high, then rolled over and has been consolidating 55.87–56.19 as RSI(14) cooled to the mid-40s. Price is now pinned to the range base near 55.89 late in NY, holding well above the $55 floor flagged in the multi-week bearish read.
Support: 55.87, 55.52, 55.00
Resistance: 56.19, 56.11
What it said to watch
M15 close back above 56.19 reopens the recovery leg
Uptrend off YTD low, stalling near highs · RSI 48 · price 55.886
Higher lows into session high, now pulling back.
Silver rebounded off the $54.76 YTD low through the NY session, tagging 56.19 three times before fading to 55.89 into the late-session drift. RSI has cooled back to neutral as price slips below EMA20; the 55.85 zone is now being tested.
Support: 55.85, 55.50, 54.76
Resistance: 56.19, 56.10
What it said to watch
M15 close below 55.85 opens a retest of 55.50
56.19 session high — area to watch for another rejection or a break higher
Oil / Strait of Hormuz headlines remain the dominant intraday driver
20:32 UTC
Uptrend, momentum cooling · RSI 56 · price 55.925
Recovery off YTD low, easing from session high.
Silver clawed back off the $54.77 YTD low through the NY session, printing a session high of 56.19 before easing to 55.92 as RSI cooled from the highs. Price now sits just under EMA20, consolidating above the 55.87 swing-low shelf.
Support: 55.87, 55.52
Resistance: 56.19, 56.11
What it said to watch
Close above 56.19 session high resumes the recovery leg
Failure to hold 55.87 opens a deeper retrace toward 55.52
Oil / US-Iran headlines the dominant real-time driver into next session
Higher lows into consolidation below session high.
Silver clawed back off the $55 floor through NY hours, tagging a session high at 56.189 before easing to 55.925 with RSI cooling to mid-range. Price is consolidating just under the high, holding a chain of higher lows above 55.52; the recovery follows heavy weekly selling into the YTD low near 54.77.
Support: 55.87, 55.52
Resistance: 56.189, 56.11
What it said to watch
M15 close below 55.87 breaks rising support and prints a lower low
Break above 56.189 resumes the intraday advance
Oil / Middle East headlines remain the dominant real-time driver
Consolidating below session high after bounce off YTD low.
Silver clawed off the $54.76 YTD low and stair-stepped higher through the NY session, now coiling in a 55.87–56.19 range with RSI(14) cooling near 57. The 56.19 session high has capped twice; buyers keep defending the rising 55.87 pivot.
Support: 55.87
Resistance: 56.19, 56.11
What it said to watch
M15 close above 56.19 opens continuation toward the channel
Loss of 55.87 breaks the intraday higher-low chain
Oil / Strait of Hormuz headlines remain the dominant real-time driver, two-way risk
Recovery off YTD low, consolidating below session high.
Silver clawed back from the $54.76 YTD low through the NY session and is now consolidating in a tight 55.87–56.19 band, twice capped at the 56.19 session high. RSI(14) near 58 after cooling from the push higher; price holds above EMA20/50 with momentum flattening into late NY.
Support: 55.871, 55.52
Resistance: 56.189, 56.11
What it said to watch
M15 close above 56.19 session high extends the intraday recovery
Loss of 55.87 swing low reopens the 55.52 zone
Oil / Strait of Hormuz headlines remain the dominant real-time driver
Higher highs/higher lows off 54.76 low, consolidating under session high.
Silver based at the 54.76 YTD low earlier in the window and climbed through the NY session to a 56.19 high, now consolidating in a tight 55.9–56.19 band. RSI(14) near 60 with momentum flattening as price stalls under the session high.
Support: 55.87
Resistance: 56.19
What it said to watch
M15 close above 56.19 opens continuation of the intraday uptrend
Close below 55.87 breaks rising support and signals a lower high
Oil / Strait of Hormuz headlines remain the dominant real-time driver
20:03 UTC
Uptrend, consolidating near highs · RSI 64 · price 56.10
Higher highs and higher lows off session low.
Silver recovered off the 54.86 session low through the NY session, building a chain of higher lows to a 56.19 session high; now consolidating 56.00-56.19 with RSI(14) mid-60s. The bounce runs against the broader bearish tone as Middle East oil-driven inflation fear keeps a firm bid under the $55 floor.
Support: 55.87
Resistance: 56.19
What it said to watch
M15 close above 56.19 opens continuation higher
Loss of 55.87 breaks the higher-low sequence
Oil / US-Iran headlines the dominant real-time risk
19:47 UTC
Uptrend, momentum cooling · RSI 60 · price 56.146
Recovery off YTD-low region, consolidating near session high.
Silver rebased off the 54.76 YTD-low region and climbed through NY hours to a session high at 56.19, buyers stepping in repeatedly around 55.87. Price now consolidates 55.87–56.19 with RSI cooling from stretched levels; oil/Middle East headlines remain the dominant real-time driver.
Support: 55.87, 54.76
Resistance: 56.19
What it said to watch
M15 close above 56.19 opens continuation higher
Loss of 55.87 confirms a lower high and stalls the recovery
Oil/Strait-of-Hormuz headlines could sharply shift this read
19:47 UTC
Uptrend, consolidating at highs · RSI 61 · price 56.146
Higher highs/lows, coiling below session high.
Silver clawed back through London-NY from the 54.86 low to 56.19, then stalled into a tight 55.87-56.19 consolidation late in the NY session. RSI(14) around 60, no extreme; the session high at 56.19 has capped the last several attempts while dips into 55.87 are being bought.
Support: 55.87, 55.52
Resistance: 56.19
What it said to watch
M15 close above 56.19 opens continuation of the intraday rally
Loss of 55.87 breaks the higher-low chain toward 55.52
Oil / Strait-of-Hormuz headlines remain the dominant real-time driver
19:32 UTC
Uptrend, consolidating near highs · RSI 50 · price 55.928
Recovery off session low, range-bound below 56.19.
Silver clawed off the session low near 54.86 and ran through the NY open to 56.19, recovering the $55 floor after Friday's YTD low. Price is now consolidating between 55.87 and 56.19 late in the NY session, RSI(14) cooled back to neutral near 50.
Support: 55.87, 55.52
Resistance: 56.19, 56.11
What it said to watch
M15 close above 56.19 opens continuation higher
Loss of 55.87 range base exposes 55.52 swing low
Oil / US-Iran headlines the dominant real-time swing factor
Silver clawed back from the 54.91 session low through NY hours to 56.19, then stalled and is now consolidating in a 55.87–56.19 band with RSI(14) cooling near neutral. Price sits right at the EMA20 after repeated rejections at 56.19; the $55 floor referenced in the weekly context is well below current action.
Support: 55.87, 55.52
Resistance: 56.19
What it said to watch
M15 close above 56.19 opens continuation of the recovery
Failure to hold 55.87 exposes 55.52 swing low
Oil/US-Iran headlines remain the dominant real-time swing risk
Consolidating below session high after rally off YTD low.
Silver clawed back from the $54.77 YTD low to 56.19 and is now ranging 55.88-56.19 through late NY hours, RSI(14) neutral near 52. Price has coiled just under the session high with the 55.88 swing low holding.
Support: 55.88, 55.52, 55.00
Resistance: 56.19, 56.11
What it said to watch
M15 close above 56.19 extends the recovery toward the channel top
Loss of 55.88 swing low opens 55.52 then the 55.00 psych floor
Oil / US-Iran headlines remain the dominant real-time driver
Recovery rally off 54.91, consolidating below session high.
Silver ground higher through NY hours off the 54.91 low, tagging a session high at 56.189 before stalling into a tight consolidation around 55.94. Price is holding above the rising 55.88 swing low but capped below 56.0, with USD firm on Iran-driven oil bid limiting extension.
Support: 55.875
Resistance: 56.189, 56.00
What it said to watch
M15 close below 55.88 breaks the rising support and threatens a lower-low
Reclaim of 56.0 reopens the 56.189 session high
Oil / Strait of Hormuz headlines are the dominant real-time driver for this move
NY session drove a sharp recovery off the 54.76 YTD low to a session high of 56.19, silver's higher-beta bounce as USD stalled at resistance. Price now consolidates just below that high with RSI(14) cooling from the impulse; the 55.93 rising-support pivot is holding.
Support: 55.93
Resistance: 56.19, 56.11
What it said to watch
M15 close below 55.93 breaks the rising support and threatens a lower low
Close above 56.19 session high opens continuation toward the channel top
Middle East / oil headlines remain the primary live catalyst
Recovery off YTD-low, higher lows, consolidating below session high.
Silver clawed back roughly a dollar off the $54.77 YTD-low area through the NY session, printing a session high at 56.189 before stalling. Price is now consolidating between 55.88 and 56.19 into late NY, RSI cooling from the rally with the broader multi-week tone still bearish per the digest.
Support: 55.875, 55.44
Resistance: 56.189
What it said to watch
M15 close above 56.19 session high opens continuation of the intraday bounce
Failure to hold 55.87 swing low reopens the 55.44 prior swing
Middle East / oil headlines remain the live risk into next session
Higher highs/higher lows off YTD low, pulling back from session high.
NY session rallied silver off the $54.76 YTD low toward 56.19 after soft US inflation earlier in the week, but the last two pushes stalled at the 56.19 session high with RSI cooling from overbought. Price now consolidating around 55.97, holding above the rising intraday support and both EMAs.
Support: 55.875, 55.52, 54.76
Resistance: 56.189, 56.11
What it said to watch
M15 close above 56.19 session high extends the recovery
Failure to hold 55.88 session low reopens the 55.52 swing low
Oil / US-Iran headlines remain the live inflation-rate risk into next week
Silver clawed back off the YTD low near 54.76 and ground higher through the NY session, tagging 56.189 before stalling. Last two bars pulled back into the 55.9s with RSI(14) cooling from the highs; price consolidating just under the session high.
Support: 55.88, 55.63, 55.44
Resistance: 56.189, 56.11
What it said to watch
M15 close above 56.189 opens continuation of the recovery
Failure to hold 55.88 signals a deeper pullback toward 55.63/55.44
Silver clawed back from the week's $54.77 YTD low, grinding higher through the NY session to a session high at 56.19; RSI(14) elevated near 66 but not yet extreme. The rising sequence of higher lows held, last defended near 55.88.
Support: 55.88, 55.00
Resistance: 56.189
What it said to watch
M15 close below 55.88 breaks the higher-low sequence
Loss of the 55.00 psych level reopens the $54.77 YTD low
Oil / US-Iran headlines remain the primary intraday risk
18:32 UTC
Uptrend, momentum cooling · RSI 65 · price 56.166
HH/HL chain off YTD low.
Silver rallied through the NY session from the 54.76 YTD low to 56.19, stacking higher highs and higher lows after soft US CPI earlier in the week eased near-term hike bets. Price is pressing the 56.189 session high with RSI(14) mid-60s; buyers stepped in at 55.88 to hold the last higher low.
Support: 55.885, 54.756
Resistance: 56.189, 56.11
What it said to watch
M15 close below 55.885 breaks the higher-low chain
Break above 56.189 extends the intraday leg
Middle East / oil headlines remain the live inflation-rate risk
Higher highs / higher lows off session low, consolidating near highs.
Silver has clawed back off the session low near 54.76 to trade around 56.02, an intraday uptrend of higher lows through the NY session as a softer USD post-CPI eased pressure. Price is now consolidating just below the 56.189 session high, RSI(14) cooling from the highs after the run.
Support: 55.875
Resistance: 56.189, 56.11
What it said to watch
M15 close above 56.189 session high opens the path toward the 56.50 area
Failure to hold 55.875 swing low confirms a lower high and stalls the recovery
Oil / US-Iran headlines remain the dominant near-term driver for this move
Silver ground higher through the NY session off the 54.76 low to a session high at 56.19, RSI cooling near 58 as the advance stalls under 56.10. Now consolidating between 55.88 and 56.10 into the late NY session, holding above rising support.
Support: 55.88
Resistance: 56.10, 56.19
What it said to watch
M15 close above 56.19 session high opens the path higher
Loss of 55.88 swing low breaks the rising support and signals a lower low
NY session drove a sharp recovery off the 54.77 YTD low up to a 56.19 session high, unwinding part of the week's slide as US-Iran/oil headlines kept two-way flow alive. Price is now consolidating just under 56.00 into late NY, RSI(14) cooling to mid-range with the higher-low chain still intact.
Support: 55.63, 54.77
Resistance: 56.00, 56.19
What it said to watch
Close back below 55.63 threatens the higher-low chain and reopens the 54.77 YTD low
Break and hold above 56.19 extends the recovery leg
Oil / Strait of Hormuz headlines remain the dominant near-term driver
18:03 UTC
Uptrend, momentum slowing · RSI 53 · price 55.89
Recovery off session low, consolidating below session high.
NY session drove a sharp V-recovery off the 54.81 session low up to 56.19, in line with the broader two-way squeeze risk flagged around the $55 floor. Price is now consolidating in the 55.88–56.11 band with RSI cooling back to the mid-50s after the run.
Support: 55.875, 55.52, 54.813
Resistance: 56.189, 56.11
What it said to watch
M15 close above 56.19 session high extends the rally
Loss of 55.52 swing low reopens the 54.81 session low
S&P Global PMIs (Jul 24) are the next major catalyst for silver
Higher highs/higher lows off session low, stalling near 56.00.
NY session drove a sharp recovery off the $54.86 session low — near the fresh YTD floor — with silver rallying ~2.5% to tag 56.19 before stalling. Price now consolidating just under 56.00, RSI cooling from the highs; the higher-low sequence stays intact while 55.63 holds.
Support: 55.63, 54.86
Resistance: 56.19, 56.00
What it said to watch
M15 close above 56.19 extends the higher-high sequence
Failure to hold 55.63 breaks the intraday higher-low chain
Oil / US-Iran headlines remain the dominant near-term driver
17:47 UTC
Uptrend, momentum slowing · RSI 55 · price 55.936
Higher lows into NY, pullback from session high.
Silver rallied off the 54.86 session low through NY hours to tag 56.189, then rejected and eased back to 55.94, RSI cooling from overbought. Recovery follows the week's YTD-low washout near $54.77; structure holds a higher-low chain while the 56.19 session high caps.
Support: 55.63, 54.86
Resistance: 56.189, 56.11
What it said to watch
M15 close above 56.189 opens continuation higher
Loss of 55.63 breaks the higher-low chain
US-Iran / oil headlines remain the dominant near-term driver
Recovery off session low, consolidating near highs.
Silver clawed back from the session low near 54.76 through the NY session, reclaiming the $56 psych level on safe-haven USD/oil-driven flows. Price is now consolidating 56.00–56.19 into late NY, RSI(14) cooling around 61 after the run-up; the 56.19 session high caps for now.
Support: 56.00, 55.79
Resistance: 56.189, 56.50
What it said to watch
M15 close above 56.19 opens the path toward 56.50
Failure to hold 56.00 psych exposes the 55.79 breakout level
Oil / US-Iran headlines remain the dominant near-term driver
Silver reversed off the 54.86 area and rallied ~130 pips into the NY session, tagging a session high at 56.189 before stalling. Price is now consolidating between 56.00 and 56.11 with RSI cooling from the rally, a two-way squeeze off the week's YTD-low region.
Support: 56.00, 55.885
Resistance: 56.11, 56.189
What it said to watch
Close above 56.189 session high opens the path higher
Loss of 56.00 round then 55.885 swing low signals the rally fading
Oil / US-Iran headlines remain the dominant near-term driver
NY session drove a sharp recovery off the week's YTD low near 54.77, tagging a session high at 56.19 before stalling. Price is now consolidating in a tight range just under that high with RSI cooling from stretched levels; buyers held the 56.00 round number on the last pullback.
Support: 56.00, 55.65
Resistance: 56.189, 56.50
What it said to watch
M15 close above 56.19 opens the path toward 56.50
Failure to hold 56.00 round number opens a retest of 55.65 swing low
Oil / US-Iran headlines remain the dominant near-term driver
17:17 UTC
Uptrend, recovery leg · RSI 67 · price 56.102
Higher highs, consolidating under session high.
NY session drove a sharp recovery off the ~54.9 low, silver reclaiming the $56 handle after a bruising week that printed a 54.77 YTD low. Price now consolidating just under the 56.19 session high with RSI(14) hot near 66, buyers holding the 55.90 pullback low.
Support: 55.90
Resistance: 56.19, 56.11
What it said to watch
M15 close above 56.19 extends the recovery toward higher ground
Failure to hold 55.90 signals the recovery leg stalling
Oil / US-Iran headlines remain the dominant near-term driver
17:04 UTC
Intraday uptrend, near session high · RSI 64 · price 56.074
Higher highs and higher lows off the YTD-low zone.
NY session staged a sharp recovery off the $55 floor, buyers stepping in near the 54.86 session low before rallying through 56.00 to a 56.19 session high. Michigan sentiment beat (54.4 vs 51) added to a firmer USD backdrop, yet silver held its bid; price now consolidating just under the session high with RSI(14) around 64.
Support: 55.82, 54.86
Resistance: 56.189
What it said to watch
Close back below 55.82 breaks the rising higher-low sequence
Sustained move above 56.189 session high extends the recovery
Oil / US-Iran headlines remain the dominant near-term driver for this move
17:04 UTC
Uptrend, momentum slowing · RSI 66 · price 56.074
Recovery rally, consolidating below session high.
NY session drove a sharp recovery off the 54.86 low back through 56, printing a session high at 56.19 before stalling. Price now consolidating 55.9–56.1 with RSI cooling from the highs; buyers stepped in repeatedly on the way up but momentum has flattened just under the high.
Support: 55.82
Resistance: 56.19, 56.11
What it said to watch
Close above 56.19 extends the recovery toward the 56.50 area
Failure to hold 55.82 breaks the rising intraday structure
Oil / US-Iran headlines remain the dominant near-term driver
Silver clawed back off the $54.77 YTD low through the NY session, rallying to 56.19 before stalling around 56.0 as oil-driven inflation flows unwound. RSI cooling from the rally high; price now consolidating just under the session high with 55.82 as the nearest higher low.
Support: 55.82
Resistance: 56.19, 56.11
What it said to watch
M15 close below 55.82 breaks the higher-low chain
Break above 56.19 session high extends the recovery leg
Energy/US-Iran headlines remain the dominant near-term driver
Higher highs off the 54.94 low, consolidating under 56.19.
Silver clawed back ~1.25 off the intraday 54.94 low during the NY session, tagging 56.19 before stalling; the rebound fits the two-way squeeze risk flagged after fresh YTD lows near 54.77. Price is now coiling just under the session high with RSI(14) cooling from stretched levels.
Support: 55.82, 55.52
Resistance: 56.189, 56.29
What it said to watch
M15 close above 56.19 session high extends the recovery toward the 56.29 prior high
Loss of 55.82 swing puts the 55.52 swing low back in play
Oil / US-Iran headlines remain the dominant near-term driver for this leg
Higher highs off session low, stalling under session high.
NY session rallied off the 54.86 session low to a session high at 56.19, reclaiming the 56.00 handle after this week's slide to fresh YTD lows. Price is now consolidating just under 56.19 with RSI cooling from the push, session high still capping.
Support: 55.82, 54.86
Resistance: 56.189, 56.449
What it said to watch
Sustained M15 close above 56.19 opens the path to 56.45
Close back below 55.82 negates the higher-low sequence
Oil / Hormuz headlines remain the dominant near-term driver
Silver rallied through the NY session from the 54.86 session low to tag 56.19, recovering ground despite the broader bearish weekly tone. Price is now consolidating just under 56.0-56.19 with RSI cooling off the highs, momentum slowing.
Support: 55.63, 54.86
Resistance: 56.19, 56.45
What it said to watch
Close below 55.63 breaks the higher-low structure
Break above 56.19 session high opens the path toward 56.45
16:17 UTC
Uptrend, momentum firm · RSI 69 · price 56.042
Higher highs and higher lows off session low.
NY session staged a steady recovery off the 54.90 zone near the YTD-low area, driving a clean higher-high chain into the session high at 56.19 with RSI(14) around 69. Buyers stepped in repeatedly on shallow pullbacks; the 55.88 higher low is the last defended pivot.
Support: 55.88, 55.63
Resistance: 56.19, 56.50
What it said to watch
Close above 56.19 opens the path toward the 56.50 round number
Loss of 55.88 breaks the higher-low chain and reopens 55.63
Oil / Strait of Hormuz headlines remain the dominant near-term driver
Silver rebounded off the 54.91 session low and cleared 55.79 into a clean NY-session uptrend, now pressing the 56.19 session high with RSI(14) in the mid-60s, short of overbought. The leg is a two-way squeeze off the stretched weekly selloff as oil/geopolitics headlines swing sentiment.
Support: 55.79, 55.52, 54.91
Resistance: 56.19, 56.49
What it said to watch
M15 close above 56.19 opens the path to 56.49
Failure to hold 55.79 negates the breakout and reopens 55.52
Oil / Strait of Hormuz headlines remain the dominant near-term driver
Silver bounced ~2% off the 54.86 session low through NY hours, clearing the 55.79 breakout level and printing a session high at 56.19, RSI(14) near 68. Structure is a clean higher-low chain, though this sits inside the broader bearish read near the $55 floor per the digest.
Support: 55.79, 54.86
Resistance: 56.19, 56.50
What it said to watch
Loss of 55.79 breakout level would break the intraday higher-low chain
Sustained trade above 56.19 session high opens the path back toward the 56.50 prior high
Oil / Strait of Hormuz headlines remain the dominant near-term driver
16:03 UTC
Uptrend, recovery from lows · RSI 66 · price 56.026
Higher highs off 54.86, climbing into NY.
Silver rebounded ~1.3 off the 54.86 session low, breaking back above the 56.00 round level into NY hours with RSI(14) around 66 — hot but not stretched. The rally has held a chain of higher lows; 56.189 session high is the immediate cap.
Support: 55.79
Resistance: 56.189, 56.499
What it said to watch
Loss of 55.79 breakout retest would negate the recovery leg
M15 close above 56.189 opens the path toward 56.50 window high
Oil / Hormuz headlines remain the dominant near-term driver
Higher lows since 54.81, breaking back above 56.00.
Silver carved a double bottom at 54.81/54.9 during NY hours and rallied a full dollar back to 56.11, reclaiming both EMAs after the week's slide to the $55 floor. Buyers pressed price through 56.00 on the last leg; session high at 56.11 is the immediate cap, RSI(14) near 63 with room before overbought.
Support: 55.63, 54.81
Resistance: 56.11, 56.36
What it said to watch
M15 close above 56.11 opens the path to prior high 56.36
Failure to hold 55.63 swing low stalls the recovery
Loss of 54.81 session low re-exposes the 54.77 YTD low
15:47 UTC
Uptrend, recovery leg extending · RSI 66 · price 56.005
Higher highs and higher lows off session low.
NY session staged a sharp recovery off the 54.86 session low, reclaiming 56.00 with a clean higher-high chain into the 56.11 session high. RSI(14) near 66 — hot but not extreme; the broader weekly picture stays heavy near the $55 floor, so this is a countertrend bounce within a bearish channel.
Support: 55.63
Resistance: 56.11, 56.50
What it said to watch
Rejection at the 56.11 session high keeps the recovery capped
M15 close above 56.11 opens the path to 56.50 prior high
NY session drove a sharp rebound off the 54.86 session low, silver rallying over a dollar to press the 56.00 round number with RSI(14) near 68. Buyers stepped in twice around 54.86 forming a double bottom; the recovery runs against the broader bearish tone flagged after the fresh YTD low.
Support: 55.52, 54.863
Resistance: 56.009, 56.29
What it said to watch
M15 close above 56.009 opens the path to 56.29
Failure to hold 55.520 reopens the session low at 54.863
S&P Global PMIs (Jul 24) are the next material catalyst
NY session bounce off the 54.91 session low, price rallying near 6% intraday to press the 56.01 session high with RSI(14) around 66. Buyers stepped in repeatedly through the 55.00 area and a chain of higher lows is intact after the fresh YTD low context on the week.
NY session rally lifted silver off a double bottom near 54.90 to a session high at 55.98 before pulling back to 55.82; the move broke the earlier 55.5 consolidation. Buyers stepped in twice around 54.90 despite the bearish weekly tone and a firm Michigan sentiment beat, RSI(14) mid-range at 57.
Support: 55.52, 54.90
Resistance: 56.00, 56.29
What it said to watch
M15 close back below 55.50 negates the bounce structure
Loss of 54.90 session low reopens the 54.77 YTD low
Close above 56.00 session high extends the recovery toward 56.29
15:17 UTC
Short-term recovery off lows · RSI 57 · price 55.818
Rally into session high, now pulling back.
Silver based near 54.95 into the NY session and ran sharply to 55.98 before rejecting; last close 55.82, RSI(14) cooled to the mid-50s off the impulse. Price holds above EMA20/50 with the session high the immediate cap.
Support: 55.52, 54.95
Resistance: 55.98, 56.50
What it said to watch
Close back below 55.52 negates the recovery and re-exposes the 54.95 swing low
Reclaim of 55.98 session high opens the path toward 56.50
Oil / US-Iran headlines remain the dominant near-term driver
NY session dipped to 54.91, defending the 54.95 zone twice before a sharp rebound to 55.98, RSI recovering from oversold. Price has since eased back to 55.67, a shallow pullback holding above the 55.44 breakout base.
Support: 55.44, 54.95
Resistance: 55.98, 56.23
What it said to watch
Reclaim of 55.98 session high reopens the path toward 56.23
Loss of 55.44 breakout base puts the 54.95 session low back in play
Oil / Strait of Hormuz headlines remain the dominant near-term driver
XAGUSD swept the session low at 54.95 during NY hours then snapped back above 55.79, RSI(14) recovering off oversold as sellers failed to break the $55 floor. Price now consolidating just under the 55.88 session high after the sharp recovery, with the broader $55 support zone holding for now.
Support: 55.52, 54.95, 54.77
Resistance: 55.88, 55.98
What it said to watch
M15 close back below 55.52 reopens the 54.95 session low and $54.77 ytd low
Break above 55.88 session high extends the recovery toward 55.98
Oil / US-Iran headlines remain the dominant near-term driver
NY session swept the session low near 54.91 then ripped to 55.98, stalling at the earlier 55.99 high to form a double top. Price has since retraced roughly half the leg to 55.59; RSI(14) back to neutral near 55.
Support: 55.00, 54.91, 54.77
Resistance: 55.98
What it said to watch
M15 close above 55.98 clears the double top and opens 56.00
Failure to hold 55.00 exposes the 54.77 YTD low
Oil / US-Iran headlines remain the dominant near-term driver
NY session ripped off the 54.86 session low, tagging 55.98 before fading to 55.59 — a fresh YTD low held earlier as oil-driven inflation fears pressure silver. RSI(14) mid-range after the surge; price is retracing the spike but holding above the broken 55.30 consolidation.
Support: 55.32, 54.86
Resistance: 55.98
What it said to watch
M15 close below 55.32 reopens a retest of the 54.86 session low
Close above 55.98 extends the recovery toward the 56.00 zone
Oil / US-Iran headlines remain the dominant near-term driver
14:32 UTC
Downtrend, sharp NY bounce · RSI 61 · price 55.76
Recovery off YTD-low region, higher low then breakout to session high.
Silver put in a higher low near 54.91 during the NY session before ripping to a session high at 55.98, a relief bounce after the week's slide toward the 54.77 YTD low. Price now consolidates at 55.76 just below the session high; RSI(14) around 61, no extreme.
Support: 55.44, 55.00, 54.77
Resistance: 55.98, 56.50
What it said to watch
M15 close above 55.98 session high extends the bounce toward the 56.50 prior high
Failure to hold 55.44 intraday support puts 55.00 psych back in play
Oil / US-Iran headlines the dominant driver into the weekend
14:32 UTC
Bounce off lows within broader downtrend · RSI 64 · price 55.76
Double bottom near 55.00, sharp recovery into NY.
Silver carved a double bottom near 55.00 and ripped ~1.00 higher into the NY session, tagging 55.98 before easing to 55.76 as a relief bounce off the YTD low. RSI(14) is elevated after the vertical move; the 56.00 area, marking the earlier session high, is capping.
Support: 55.00, 54.95, 54.76
Resistance: 55.98, 56.29
What it said to watch
M15 close above 55.98 opens the path toward the 56.29 prior high
Loss of the 55.00 psych level reopens the 54.76 YTD low
Oil / US-Iran headlines the dominant near-term driver, can shift this read fast
Silver carved a double bottom near 54.86 (fresh YTD low) through the London-NY transition, then ripped back to the 55.88 session high on a single impulsive M15 bar during NY hours. Price now holds above the 55.44 pivot with RSI(14) recovered to the low-60s off oversold; the bounce fits the digest's relief-rebound scenario toward 55.50-56.00.
Support: 55.44, 54.86
Resistance: 55.88, 56.00
What it said to watch
M15 close above 55.88 session high opens the 56.00 round
Failure to hold 55.44 pivot reopens the 54.86 YTD low
Oil / Red Sea headlines the dominant near-term driver into the weekend
Base built near YTD low, breakout into NY session.
Silver based near the $54.9 swing low through the London-NY transition, then broke sharply higher into the NY session to tag 55.88 before easing to 55.78, RSI cooling from stretched. The move fits the digest's relief-rebound scenario after this week's rout to the YTD low; buyers stepped in twice around 55.00 psych.
Support: 55.00, 54.91
Resistance: 55.88, 56.00
What it said to watch
M15 close above 55.88 session high opens the path toward 56.00 prior high
Loss of 55.00 psych reopens the 54.91 swing low and the YTD low below
Oil / US-Iran headlines the dominant near-term driver into the weekend
Double bottom off session low, retracing the drop.
NY session bounced off a double bottom near 54.86-54.91 (fresh YTD-low territory as silver holds the contested $55 floor), then a sharp impulse retraced most of the drop from 55.99 up to 55.79 where price now sits just under the session high. RSI recovered from oversold into the low 60s on the short-cover move.
Support: 55.00, 54.86, 54.77
Resistance: 55.94
What it said to watch
Failure to hold 55.00 psych, then a close below 54.86 session low, exposes the 54.77 ytd low
Rejection at the 55.94 prior high would cap the bounce
UoM inflation expectations (14:00 UTC) is a live catalyst that could shift this read
Silver broke the $55 floor to a fresh YTD low near 54.86 before a violent short-cover snap-back through NY hours, one bar reclaiming from 55.04 to 55.79. Price now stalling just under the 55.79 session high with RSI(14) recovering to mid-range; twin lows at 54.86/54.81 held on retest.
Support: 54.86, 54.77
Resistance: 55.79, 55.94
What it said to watch
UoM sentiment / inflation expectations (14:00 UTC) could reprice Fed-hike bets and this bounce
M15 close above 55.94 extends the recovery toward 56.0
Loss of 54.77 confirms downside continuation, exposes 54.39
NY session pressed silver below the $55 floor to a fresh session low 54.863 before a wick recovery back to 55.10, the low picked up sellers' stops then bounced. Price holds below EMA20/50 with RSI(14) near 41 after cooling from the selloff; 55.44 pivot caps the bounce.
Support: 54.863, 54.77
Resistance: 55.44
What it said to watch
Break below 54.863 / 54.77 exposes the 54.39 target
UoM sentiment & inflation expectations 14:00 UTC could shift this read sharply
Reclaim of 55.44 pivot would neutralise the lower-high chain
13:47 UTC
Downtrend, choppy · RSI 42 · price 55.106
Lower highs, probing YTD low.
Silver stayed pressured through NY hours after breaking the $55 floor, printing a fresh session low at 54.86 before a modest bounce to 55.10. Rallies capped under 55.44, RSI(14) sub-42 — sellers still marking lower highs into the YTD low.
Support: 54.86, 54.77
Resistance: 55.44
What it said to watch
M15 close below 54.77 exposes 54.39 target
Reclaim of 55.44 needed to shift the lower-high sequence
UoM sentiment & inflation expectations ~14:00 UTC could shift this read
Silver sliced below the $55 floor to a fresh YTD low near 54.77 on the energy-inflation/hawkish-Fed narrative; the NY-session bounce to 55.94 faded and price is grinding back toward the lows at 54.92. RSI(14) sub-40 but not yet oversold, chain of lower highs intact.
Support: 54.77, 54.39
Resistance: 55.32, 55.94
What it said to watch
Sustained M15 close below 54.77 ytd low exposes 54.39
Reclaim of 55.32 swing would break the lower-high chain
UoM inflation expectations at 14:00 UTC could materially shift this read
13:32 UTC
Downtrend, fresh lows · RSI 30 · price 54.917
Lower highs / lower lows, sub-$55.
Silver sliced through the $55 floor and is grinding a fresh YTD low near 54.77 on the hawkish-Fed/oil inflation narrative, RSI(14) around 30 and pressing lower. Every intraday bounce has capped below the descending highs at 55.44; supply remains in control while price holds under 55.12.
Support: 54.77, 54.39
Resistance: 55.12, 55.44
What it said to watch
UoM inflation expectations at 14:00 UTC could sharply shift this read
Sustained break of 54.77 ytd low exposes 54.39 next target
A reclaim of 55.12 recent high would ease the lower-low sequence
13:17 UTC
Downtrend, grinding to lows · RSI 37 · price 55.001
Lower highs into $55 floor.
Silver extended its NY-session slide back toward YTD-area lows near $54.95, holding just above the broken $55 psych floor with RSI(14) in the mid-30s. Bounces have been capped by descending lower highs from the 56.00 swing top; the 55.30 pivot has repeatedly rejected.
Support: 54.95, 54.76
Resistance: 55.30, 56.00
What it said to watch
M15 close below 54.76 exposes 54.39
Reclaim of 55.30 needed to ease downside pressure
UoM inflation expectations 14:00 GMT could shift this read
13:17 UTC
Downtrend, grinding to new lows · RSI 33 · price 55.001
Lower highs, lower lows; broke $55 floor.
Silver ground through the $55 psychological floor during NY hours, printing session lows near 54.95 and approaching the 54.77 YTD low as the oil-driven inflation/hawkish-Fed narrative keeps sellers in control. RSI(14) sits sub-35 but not extreme; each bounce toward 55.30 has been sold, leaving a clean chain of lower highs and lower lows.
Support: 54.95, 54.77, 54.39
Resistance: 55.30, 55.55
What it said to watch
Sustained break of 54.77 ytd low exposes 54.39
Reclaim of 55.55 prior floor would negate the fresh breakdown
UoM inflation expectations at 14:00 UTC could shift the read this bar period
13:04 UTC
Downtrend, grinding lower · RSI 41 · price 55.15
Lower highs into YTD-low zone.
Silver kept grinding lower through the NY session after rejecting 56.00, pressing back toward the 54.95 session low and this week's YTD low at 54.77 on the entrenched oil-inflation/hawkish-Fed narrative. Lower highs are stacking under a descending resistance line; RSI(14) sub-45 but not yet stretched.
Support: 54.95, 54.77, 54.39
Resistance: 55.44, 56.00
What it said to watch
UoM sentiment / inflation expectations at 14:00 UTC (~1h out) could materially shift this read
Sustained break of 54.77 ytd low exposes 54.39
M15 close above 55.44 breaks the lower-high sequence
Silver grinding lower through the NY session, chained lower highs capping every bounce as the pair sits just above the 54.95 session low near the 54.77 YTD low. Sellers in control on the energy-inflation/hawkish-Fed narrative; RSI(14) mid-40s leaves room before oversold.
Support: 54.95, 54.77
Resistance: 55.44
What it said to watch
Sustained break of 54.77 exposes 54.39 next
M15 close back above 55.44 breaks the lower-high chain
UoM sentiment/inflation expectations (14:00 UTC) could shift this read within the hour
Silver remains in an intraday downtrend, pressing back toward the 55.00 psych floor after the NY bounce to 55.99 was rejected and faded through the afternoon. Price sits at 55.057 just above the 54.76 YTD low, with RSI(14) near 40 and energy-driven inflation fears keeping the sell-off firm.
Support: 55.00, 54.76
Resistance: 55.44, 55.99
What it said to watch
A close below 55.00 exposes the 54.76 YTD low
Reclaim of 55.44 would break the descending sequence of lower highs
UoM sentiment / inflation-expectations at 14:00 UTC could materially shift this read
12:47 UTC
Downtrend, rolling back toward psych floor · RSI 40 · price 55.057
Lower highs since NY bounce, testing 55.00.
Silver bounced off the 54.756 session low to 55.997 but was rejected, and has since carved lower highs back down to the 55.00 psych floor. Down ~7% on the week to a fresh YTD low, oil-driven inflation fears keep the pressure on the non-yielder.
Support: 55.00, 54.756
Resistance: 55.56, 55.997
What it said to watch
M15 close below 55.00 exposes the 54.756 session low again
Reclaim of the 55.56 lower-high line would ease the downside pressure
UoM sentiment / inflation expectations at 14:00 UTC is the key silver catalyst ~75min out
12:32 UTC
Downtrend, consolidating near lows · RSI 44 · price 55.335
Range-bound after leg to YTD low.
Silver sold off through the London session to a fresh YTD low near 54.76, then bounced to 55.94 before stalling; last few hours are grinding sideways between 55.19 and 55.62. Price sits below EMA20/50 with RSI(14) mid-40s — no momentum extreme, driver remains energy-led inflation fear per the digest.
Support: 55.19, 55.00, 54.76
Resistance: 55.62, 55.94
What it said to watch
M15 close below 55.19 reopens the 55.00 psych floor then 54.76 ytd low
Reclaim of 55.62 swing high needed to challenge the 55.94 session high
UoM sentiment / inflation expectations at 14:00 UTC could shift this read sharply
Silver swept the $54.77 YTD low earlier in the London-NY window, bounced to 55.99, then faded back toward the $55 psych floor with RSI(14) mid-40s. Price now drifts along 55.3, capped by a descending series of swing highs and holding below both EMAs.
Support: 55.17, 54.77
Resistance: 55.62, 55.94
What it said to watch
M15 close below 55.17 swing low reopens the 54.77 ytd low
Recovery above 55.62 swing high needed to break the descending highs
UoM sentiment / inflation expectations at 14:00 GMT could materially shift this read
Silver bounced hard off the fresh YTD low near 54.76 to 55.99 but has since given back most of that move, now consolidating in the 55.19-55.66 band as energy-driven inflation and hawkish-Fed fears keep the metal pressured. Price sits at 55.289 near the 61.8% retrace of the bounce, below EMA20/50, with RSI mid-range.
Support: 55.19, 55.00, 54.76
Resistance: 55.45, 55.66, 55.99
What it said to watch
M15 close below 55.19 exposes 55.00 psych then 54.76 ytd low
Reclaim of 55.45 pivot and session high 55.66 would signal bounce resumption
UoM sentiment + inflation expectations at 14:00 UTC (~2h) could materially shift this read
12:17 UTC
Downtrend, bounce fading · RSI 43 · price 55.289
Consolidating below session bounce high.
Silver bounced off the fresh YTD low near 54.77 up to a session high at 56.00 during NY hours, then rolled over into a tight 55.2–55.65 consolidation, now fading toward the lower edge at 55.29. Energy-driven inflation fears keep the broader tone heavy; the bounce has been rejected twice under 55.65.
Support: 55.189, 55.00, 54.77
Resistance: 55.65, 56.00
What it said to watch
M15 close below 55.189 reopens the 55.00 psych then 54.77 ytd low
Reclaim of 55.65 swing high would negate the fade back toward 56.00 session high
UoM sentiment + inflation expectations at 14:00 GMT could materially shift this read
12:03 UTC
Downtrend, consolidating after selloff · RSI 47 · price 55.436
Range-bound above YTD low.
Silver bounced off a fresh YTD low at 54.76 to 56.00 then faded, now consolidating between 55.25 and 55.70 with RSI neutral near 46. The broken 55.00 floor sits below as the pivot after the ~7% weekly slide; move is stalling rather than reversing.
Support: 55.00, 54.76
Resistance: 55.66, 56.00
What it said to watch
UoM sentiment/inflation expectations 14:00 GMT could shift this read
Close below 55.00 reopens the 54.76 ytd low
Reclaim of 55.66 swing high needed to challenge 56.00 bounce high
Silver is ranging 55.25–55.66 after a sharp bounce off the fresh YTD low at 54.77, part of this week's energy-inflation-driven selloff. RSI(14) sits mid-range near 47 with price hugging the EMA20/50 cluster — no directional bar structure in play.
Support: 55.25, 54.77
Resistance: 55.66, 55.94
What it said to watch
UoM Consumer Sentiment + inflation expectations at 14:00 GMT could materially shift this read
M15 close below 55.25 range low reopens the 54.77 ytd low
M15 close above 55.66 range top targets the 55.94 swing high
Silver bounced off a fresh ytd low at 54.77 to 55.99 then stalled, now grinding sideways near 55.36 below EMA20/50. Price is mid-range of the recovery leg; 55.62 swing high caps and 55.25 swing low is the near-term floor. Broader tone stays heavy after the week's freefall on energy-inflation fears.
Support: 55.25, 54.77
Resistance: 55.62, 56.00
What it said to watch
Close below 55.25 swing low re-exposes the 54.77 ytd low
Reclaim of 55.62 swing high opens 56.00 round number
UoM sentiment + inflation expectations at 14:00 GMT could materially shift this read
Silver punched to a fresh YTD low at 54.77 before a snap-back to 55.99, and has since coiled between 55.20 and 55.66 through the London session. RSI(14) sits mid-range near 47 and price is holding just under EMA20/50 — no directional break, price parked at the 50% retrace of the 54.77-55.99 bounce.
Support: 55.00, 54.77
Resistance: 55.66, 55.99
What it said to watch
M15 close below 55.00 psych floor reopens the 54.77 ytd low
Close above 55.66 range top would extend the relief bounce toward 55.99
UoM Consumer Sentiment + inflation expectations at 14:00 UTC could materially shift this read
11:32 UTC
Downtrend, consolidating after bounce · RSI 45 · price 55.396
Range-bound above YTD low, drifting off bounce high.
Silver punched a fresh YTD low at 54.76 on the US-Iran inflation bid, then snapped back to 55.99 before rolling over; price now consolidates 55.25-55.65 during the London-NY transition. RSI(14) mid-40s, sitting below EMA20 with the bounce high capped twice.
Support: 55.25, 55.00, 54.76
Resistance: 55.65, 55.99
What it said to watch
UoM Michigan sentiment + inflation expectations at 14:00 GMT could materially shift this read
Close below 55.00 psych re-exposes the 54.76 ytd low
Reclaim of 55.65 swing high reopens the bounce high at 55.99
Silver punched through the $55.00 floor to a fresh YTD low at 54.76 on the US-Iran energy-inflation bid, then bounced to 55.94 before rolling back to 55.40. Now chopping between 55.25 and 55.94 with RSI(14) mid-40s; buyers stepped in twice near 55.25 but lower highs keep capping.
Support: 55.25, 55.00, 54.76
Resistance: 55.94
What it said to watch
Close above 55.94 reclaims the session high and breaks the lower-high chain
Break below 55.25 re-exposes the 55.00 broken floor then 54.76 ytd low
UoM Consumer Sentiment + inflation expectations at 14:00 GMT could materially shift this read
11:17 UTC
Downtrend, consolidating after low · RSI 44 · price 55.298
Fresh YTD low swept, bounce fading.
Silver swept a fresh YTD low at 54.76 earlier in the session, snapped back to 55.99, then faded and is now consolidating in the mid-55.20s below both EMAs. The channel-driven downtrend stays intact while price holds under the 55.62 swing high; UoM sentiment + inflation expectations at 14:00 GMT is the near-term catalyst.
Support: 54.76, 54.39
Resistance: 55.62, 55.94
What it said to watch
Close below 54.76 confirms lower low and opens the 54.39 news target
Reclaim of 55.62 swing high needed to challenge the fade
UoM sentiment/inflation expectations at 14:00 GMT could shift this read
Silver bounced off the fresh YTD low at 54.77 to 55.997 but the recovery faded into NY hours, printing a chain of lower highs back to 55.30. Price sits mid-way in the retrace of that bounce with RSI(14) near 41; the 55.62 swing high is capping upside.
Support: 55.19, 54.77
Resistance: 55.62, 55.997
What it said to watch
M15 close back above 55.62 negates the lower-high sequence
Loss of 55.19 reopens the 54.77 ytd low
UoM Consumer Sentiment + inflation expectations at 14:00 GMT could sharply shift this read
11:03 UTC
Downtrend, paused in consolidation · RSI 42 · price 55.273
Consolidating 55.20–55.72 after YTD-low bounce.
Silver punched a fresh YTD low at 54.77 as energy-driven inflation fears revived Fed-hike bets, then snapped back to 55.94 before rolling over into a 55.20–55.72 range. Price is drifting to the lower edge with RSI(14) mid-40s; the broken 55.00 floor sits just below.
Support: 55.00, 54.77, 54.39
Resistance: 55.66, 55.94
What it said to watch
Sustained trade below 55.00 opens 54.77 then 54.39
M15 close above 55.72 negates the lower-high sequence
UoM sentiment + inflation expectations 14:00 GMT could shift this read
11:03 UTC
Downtrend, grinding lower · RSI 44 · price 55.273
Lower highs, lower lows after YTD-low bounce faded.
Silver punched through the $55 floor to a fresh YTD low at 54.77, then a sharp relief bounce to 55.99 has faded back to 55.27 as sellers reasserted into the London session. RSI(14) mid-40s, price capped below both EMAs; the 55.60 pivot held on the last push.
Support: 55.034, 54.77
Resistance: 55.60, 55.94
What it said to watch
M15 close below 55.034 reopens the 54.77 YTD low
Reclaim of 55.60 needed to challenge the 55.94 bounce high
UoM sentiment & inflation expectations at 14:00 GMT could materially shift this read
Silver swept the broken $55 floor to a fresh YTD low at 54.77 during Asia hours before London bought it back to 55.99. Price has since drifted into a 55.35–55.72 range around the 50% retrace of that bounce, RSI(14) neutral near 46.
Support: 55.35, 55.00, 54.77
Resistance: 55.72, 56.00
What it said to watch
M15 close below 55.35 re-exposes the 55.00 psych level then 54.77 ytd low
Close above 55.72 session high opens the 56.00 swing high
UoM Consumer Sentiment / inflation expectations at 14:00 GMT could materially shift this read
Silver punched to a fresh YTD low at 54.76 during the London session then snapped back to 56.00 on short-covering; price is now drifting inside a 55.30–55.62 range, holding roughly the 50% retrace of that bounce. Broader tape stays a downtrend but momentum has flattened, RSI(14) mid-range near 46.
Support: 55.30, 55.00, 54.76
Resistance: 55.62, 56.00
What it said to watch
M15 close below 55.30 reopens 55.00 then the 54.76 low
Reclaim of 55.62 puts the 56.00 bounce high back in play
UoM sentiment + inflation expectations at 14:00 GMT could break the range
10:32 UTC
Downtrend paused, ranging · RSI 46 · price 55.455
Consolidation after London bounce off session low.
Silver bounced off the 54.76 Asian-session low toward 55.99 into the London open, then stalled and is ranging 55.37–55.66 with price drifting back to mid-range at 55.455. Downside momentum from the week-long slide has eased but buyers have failed to reclaim 55.66; move sits ahead of US Michigan sentiment/inflation expectations at 14:00 UTC.
Support: 55.00, 54.76
Resistance: 55.66, 55.99
What it said to watch
Close below 55.00 psych reopens 54.76 swing low then 54.39
Reclaim of 55.66 session high targets the 55.99 swing high
US Michigan sentiment/inflation expectations at 14:00 UTC could shift this read
Silver bled through the London session toward a seven-month low at 54.76 before a sharp bounce to 55.99, tied to the hawkish-Fed inflation theme keeping the metal pressured. Price has since coiled into a tight 55.35-55.66 range, RSI(14) flat around mid-40s with no fresh momentum either way.
Support: 55.00, 54.76
Resistance: 55.66, 55.94
What it said to watch
M15 close below 55.00 confirms range break, exposing 54.39
Reclaim of 55.94 needed to challenge the descending resistance
UoM sentiment + inflation expectations at 14:00 UTC could shift this read
Silver stabilised near 55.50 after sliding to a session low of 54.81 and rebounding to 55.99, now coiling in a tight 55.35-55.65 range with RSI mid-40s and no momentum. The bounce fits the broader third-day slide toward the seven-month floor as the USD stays firm. Michigan sentiment and UoM inflation expectations at 14:00 UTC are the near-term catalyst.
Support: 55.35, 54.81
Resistance: 55.65, 55.94
What it said to watch
M15 close below 55.35 reopens the session low at 54.81
M15 close above 55.65 exposes the 55.94 bounce high
Michigan sentiment / inflation expectations at 14:00 UTC could break the range
Consolidating above 55.00 after third-day selloff.
Silver extended its third-day slide toward the $55.00 psych floor, printing a session low at 54.756 before demand stepped in and drove a snap-back to 55.94. Last few hours have gone quiet, coiling in a 55.40–55.71 range as the hawkish-Fed/oil-inflation bid keeps a lid on rebounds. RSI(14) has cooled to neutral around 49.
Support: 55.00, 54.75
Resistance: 55.71, 55.94
What it said to watch
M15 close below 55.00 psych floor confirms lower-low, exposing 54.39
Close above 55.94 bounce high extends the recovery
UoM sentiment + inflation expectations at 14:00 UTC could break the range
Range after impulsive slide, higher lows building.
Silver slid from ~57 into the $55.50 seven-month-low zone before basing; the last ~8 hours have been range-bound between the 55.35 recent low and the 55.66 swing high, with a string of higher lows off the 54.76 session low. RSI(14) mid-range near 46 as momentum flattens.
Support: 55.35, 55.03, 54.76
Resistance: 55.66, 55.94
What it said to watch
Break below 55.03 confirms fresh lower-low, exposes 54.76 then the wider 54.39 floor
M15 close above 55.94 session high shifts the range read
UoM Consumer Sentiment + inflation expectations at 14:00 UTC could break this consolidation
Lower highs into a $55.50 base, chopping sideways.
Silver extended a third-day slide toward the $55.00-$55.63 seven-month-low floor as a firmer USD and revived Fed-hike fears pressured the metal, bottoming at 54.81 before a bounce. Price has since coiled between 55.34 and 55.72 through the NY session, RSI(14) recovered off oversold to a neutral ~47.
Support: 55.34, 54.81, 54.39
Resistance: 55.72, 55.94
What it said to watch
Clean M15 close below 55.34 reopens the 54.81 swing low then 54.39
Close above 55.94 breaks the sequence of lower highs
UoM sentiment + inflation expectations (14:00 UTC) could break the $55.00-$55.63 floor
Consolidating above session low after third-day selloff.
Silver extended its third-day slide to a 54.76 session low before buyers stepped in during the London session, reclaiming 55.50 as the USD safe-haven bid cooled. Price now chops 55.40-55.72 below the 55.94 swing high; RSI(14) has recovered off oversold to mid-40s.
Support: 55.00, 54.76
Resistance: 55.72, 55.94
What it said to watch
M15 close below 55.00 exposes the 54.76 swing low and opens acceleration lower
Reclaim of 55.94 would negate the recent lower-high sequence
Michigan sentiment + UoM inflation expectations at 14:00 UTC could shift this read
Silver extended its third-day slide into the NY session, sweeping down to 54.76 before a sharp snapback to 55.99 — the up-leg now retraced to ~38% around 55.54. Price is consolidating 55.44–55.72 in the London session below the swing high; RSI back near neutral after the oversold bounce, echoing the USD-firm, oil-led inflation backdrop capping the metal.
Support: 55.00, 54.76
Resistance: 55.72, 55.99
What it said to watch
UoM sentiment/inflation expectations at 14:00 UTC could materially shift this read
A clean break of 55.00 psych opens the 54.76 session low and 54.39
M15 close above 55.99 swing high negates the corrective-bounce read
Silver extended its third-day slide to a 54.75 session low before buyers stepped in, snapping back to 55.94 then settling near 55.60 as the USD stayed firm on Mideast safe-haven flows. Price is now chopping just above EMA20/50 with RSI(14) neutral near 48; the 55.00 psych floor held on the way down.
Support: 55.00, 54.75
Resistance: 55.65, 55.94
What it said to watch
Michigan sentiment / UoM inflation expectations at 14:00 UTC could materially shift this read
M15 close below 55.00 reopens the 54.75 session low
Reclaim of 55.94 needed to negate the lower-high sequence
XAGUSD sold off through the London session to a 54.86 low before a NY-hours recovery back to 55.60, part of a broader third-day slide on USD safe-haven bid. Price is now chopping between 55.35 and 55.72 with RSI(14) back at neutral; the 55.00 psych floor remains the key downside marker.
Support: 55.35, 54.86, 55.00
Resistance: 55.72, 55.99
What it said to watch
M15 close below 55.35 reopens the 54.86 session low and 55.00 floor
Break above 55.99 negates the near-term lower-high sequence
UoM sentiment / inflation expectations at 14:00 UTC could materially shift this read
Silver bled to a session low of 54.81 then recovered into a 55.35-55.65 range as the USD stayed firm on Mideast safe-haven flows. RSI back near neutral off the lows, price holding above EMA20; the $55.00 floor is the last defence before 54.39.
Support: 55.35, 55.00, 54.81
Resistance: 55.66, 55.94
What it said to watch
M15 close below 55.00 opens the seven-month low at 54.39
Reclaim of 55.66/55.94 would end the range consolidation
Michigan sentiment / UoM inflation expectations at 14:00 UTC could shift this read
Silver carved a double bottom at 54.75 during the Asia-London handover and bounced to 55.99 before rolling back into a 55.35-55.60 range. The move fits the broader freefall read; sellers capped the recovery at the 55.63 supply zone with RSI(14) back to neutral near 48.
Support: 55.00, 54.75
Resistance: 55.63, 55.99
What it said to watch
M15 close below 55.00 opens 54.39
Reclaim of 55.63 supply zone needed to extend the bounce
Michigan sentiment + inflation expectations 14:00 UTC could shift this read
09:04 UTC
Downtrend, consolidating off lows · RSI 47 · price 55.503
Range near seven-month low after bounce.
Silver bled from 57.1 into a 54.81 session low before a London-session bounce to 55.94, and is now chopping around 55.50 mid-range. Sellers still cap at the 55.66 session high while buyers stepped in twice near 55.00; the third-day slide keeps price pinned to the seven-month floor.
Support: 55.00, 54.81
Resistance: 55.66, 55.94
What it said to watch
M15 close below 55.00 opens the 54.39 area
Reclaim of 55.94 swing high needed to break the consolidation
UoM sentiment / inflation expectations at 14:00 UTC could shift this read
09:04 UTC
Downtrend, consolidating after bounce · RSI 47 · price 55.503
Range-bound above session low, lower highs.
XAG sold off to a session low at 54.81 before a twin-low bounce lifted it to 55.94, part of this week's oil-driven, USD-firm slide. Price is now consolidating 55.20–55.63 into the London-NY transition, RSI(14) neutral near 46 and capped by descending highs.
Support: 55.20, 54.81
Resistance: 55.63, 55.94
What it said to watch
M15 close above 55.63 opens the path back to the 55.94 bounce high
Loss of 55.20 range floor re-exposes the 54.81 session low
UoM sentiment / inflation expectations at 14:00 UTC could materially shift this read
Silver extended its third-day slide to a session low of 54.81 before buyers stepped in, lifting price back to 55.94; it now consolidates in the 55.20-55.63 band as USD firms on revived Fed-hike bets. RSI(14) mid-40s after the washout, price capped below EMA20/EMA50.
Support: 55.00, 54.81, 54.39
Resistance: 55.63, 55.94
What it said to watch
M15 close below 55.00 confirms lower-low, exposing 54.39
Reclaim of 55.63 opens the 55.94 swing high
UoM sentiment & inflation expectations 14:00 UTC could shift this read
08:47 UTC
Downtrend, consolidating after bounce · RSI 45 · price 55.454
Lower lows into 54.81, corrective bounce stalling.
Silver extended a third-day slide to 54.81 during the London morning, then bounced to 55.99 before fading back to consolidate around 55.45 under a soft-USD-defying dollar bid. Price now sits below EMA20/EMA50 with RSI near 44, corrective structure capped at the 55.66 swing.
Support: 55.03, 54.81, 54.39
Resistance: 55.66, 55.99
What it said to watch
M15 close below 55.03 opens 54.39
Reclaim of 55.66 negates the corrective-fade read
UoM sentiment / inflation expectations 14:00 UTC could shift this read
08:32 UTC
Downtrend, bounce fading · RSI 43 · price 55.349
Lower highs, retracing recent bounce.
Silver stays heavy in a third-day slide, bouncing off the 54.856 session low to 55.94 before fading back to 55.35 under both EMAs. The rebound was rejected into a string of lower highs, keeping the 55.00 psych floor in focus.
Support: 55.00, 54.856, 54.39
Resistance: 55.66, 55.94
What it said to watch
Clean M15 break below 55.00 opens 54.39
Reclaim of 55.66 swing high would negate the lower-high sequence
UoM inflation expectations at 14:00 UTC could materially shift this read
Silver extended a third-day slide, printing a session low at 54.76 before a bounce to 55.99 was rejected and sold back toward the 55.00 floor. RSI(14) near 41, price capped below EMA20 with sellers retaining control into the 55.00-55.66 zone.
Support: 55.00, 54.76, 54.39
Resistance: 55.66, 55.99
What it said to watch
Clean M15 close below 55.00 exposes the 54.76 session low then 54.39
Reclaim of 55.66 swing high would ease the lower-high sequence
UoM inflation expectations at 14:00 UTC could materially shift this read
Silver extending its slide into the London session, down a third straight day toward 55.44 as the USD firmed on revived Fed-hike bets. The bounce off 54.86 to the 55.99 session high faded quickly, and price has retraced roughly half of that move; RSI(14) mid-40s, no reversal signal yet.
Support: 55.03, 54.86, 54.39
Resistance: 55.66, 55.99
What it said to watch
Clean break below the 55.03 swing low exposes 54.39
M15 close above 55.66 breaks the lower-high sequence
UoM sentiment / inflation expectations at 14:00 UTC could shift this read
08:17 UTC
Downtrend, bounce fading · RSI 46 · price 55.443
Session low bounce, now consolidating.
Silver carved a session low at 54.76 during the London session and snapped back to 55.99 before rejecting there, tracking the USD rebound on revived Fed-hike bets. Price now chops in a 55.40-55.60 band, RSI(14) neutral near 46 after the failed push.
Support: 55.00, 54.76
Resistance: 55.63
What it said to watch
M15 close below 55.00 reopens 54.76 and the seven-month floor
Close above 55.63 puts the 55.99 bounce high back in play
UoM inflation expectations at 14:00 UTC could shift this read
London session drove silver into the $55 psych floor and a 54.81 session low before a sharp bounce to a 55.94 session high; price is now fading back to 55.45 with RSI(14) neutral near 46. The recovery stalled below the 55.63 seven-month-low pivot, keeping the descending structure intact.
Support: 54.813, 54.39
Resistance: 55.63, 55.94
What it said to watch
Close below 54.81 session low opens 54.39 next support
Reclaim of 55.63 7mo-low pivot needed to ease downside pressure
UoM Michigan sentiment/inflation expectations at 14:00 UTC could shift this read
Consolidating below 55.63 after rebound off 54.86.
Silver flushed to a session low of 54.86 before a London-hours bounce reclaimed 55.94, then faded back to 55.45 as the USD firmed on stronger jobless claims. Price now consolidates below the 55.63 seven-month-low pivot, RSI hovering near 47.
Support: 55.20, 55.00, 54.86
Resistance: 55.63, 55.94
What it said to watch
M15 close above 55.63 opens the path back to 55.94
Loss of 55.20 reopens the 55.00 / 54.86 session low
UoM sentiment + inflation expectations 14:00 UTC could shift the read
Recovering off session low, consolidating mid-range.
Silver slid from 57.15 at the window open to a session low of 54.76, then bounced sharply to 55.99 during NY hours as the USD firmed on hawkish-Fed/oil pricing. Price now consolidates near 55.5, a ~38% retrace of that bounce, holding above the 55.37 micro low with RSI(14) neutral around 47.
Support: 55.37, 54.76
Resistance: 55.94, 56.36
What it said to watch
Break below 55.37 micro low reopens the session low 54.76
Close above 55.94 session high extends the bounce toward 56.36
UoM Michigan sentiment + inflation expectations at 14:00 UTC could shift this read
Bounced off session low, rejected at 56.00, pulling back.
Silver bounced off the 54.86 session low to 55.997 during the London session but rejected there, now drifting back to 55.54 with RSI(14) neutral near 50. The broader downtrend context holds — the $55.63 seven-month pivot caps the rebound.
Support: 54.86
Resistance: 55.63, 56.00
What it said to watch
Close above 56.00 negates the rejection and opens 56.35
Break below 54.86 session low exposes 54.39
UoM Michigan sentiment + inflation expectations at 14:00 UTC could shift this read
07:32 UTC
Downtrend, pausing after bounce · RSI 47 · price 55.483
Consolidation above session low.
Silver swept the $55 floor down to 54.76 during NY hours, then snapped back to 55.94 into the London open before stalling; last two hours coiling 55.37–55.58 with RSI(14) neutral near 47. USD firmness and revived Fed-hike pricing keep the broader downtrend intact, but the intraday bounce holds for now.
Support: 55.37, 55.00, 54.76
Resistance: 55.63, 55.94
What it said to watch
M15 close below 55.37 reopens the 55.00 psych level and the 54.76 session low
Reclaim of 55.63 prior low puts the 55.94 swing high back in play
Michigan Consumer Sentiment + UoM inflation expectations at 14:00 UTC could shift this read
Silver sold off ~3% through the session to sweep 54.86, then bounced to 55.94 before stalling; price now consolidating near 55.48 in the London session. RSI(14) back to neutral after the recovery, with the descending structure still capping below 55.94.
Support: 54.86, 54.39
Resistance: 55.63, 55.94
What it said to watch
Close below 54.86 confirms downtrend continuation, exposes 54.39
Reclaim of 55.63 / 55.94 needed to extend the bounce
Michigan Consumer Sentiment + inflation expectations 14:00 UTC could shift this read
Silver bled lower through the window to a session low of 54.75 before a London-session bounce lifted it to 55.99, driven by nothing more than a corrective pop against a firm USD. Price has since faded back to 55.50, holding a twin low near 54.75 but capped under 55.63.
Support: 55.00, 54.75, 54.39
Resistance: 55.63, 55.99
What it said to watch
Michigan Consumer Sentiment + inflation expectations at 14:00 UTC could materially shift this read
Loss of 55.00/54.75 confirms downtrend continuation, exposes 54.39
Double bottom near 54.75, bounce rejected at 55.99.
Silver in freefall on USD rebound; M15 carved a double bottom near 54.75 during the Asia-London session then rallied to 55.99 before fading back to 55.50. The bounce was rejected below the 55.63 prior high and RSI(14) cooled to ~50 — the descending structure remains intact.
Support: 55.00
Resistance: 55.63, 55.94
What it said to watch
Clean break below the 55.00 floor exposes the 54.75 session low
M15 close above 55.94 swing high would break the corrective-fade read
Michigan sentiment & inflation expectations at 14:00 UTC could shift this read
07:03 UTC
Downtrend, bounce fading · RSI 47 · price 55.468
Lower highs, holding above session low.
Silver bled toward the $55 floor through the week, printing a session low at 54.81 before a London bounce ran to 55.99 and got rejected back to 55.47. RSI(14) neutral near 47 after cooling; price is pinned mid-range with 55.63 capping and 55.00/54.81 below.
Support: 55.00, 54.81
Resistance: 55.63, 55.94
What it said to watch
M15 close above 55.63 opens the path to session high 55.94
Silver sold off ~3.5% into the $54.76 session low then bounced to 55.99 on the USD's stabilisation; the leg is now retracing, holding ~55.47 with RSI(14) back near neutral. Rejection at the 55.94 swing high keeps the descending structure intact.
Support: 55.00, 54.76
Resistance: 55.94
What it said to watch
M15 close below 55.00 confirms downtrend continuation, exposing 54.39
Reclaim of 55.94 needed to extend the corrective bounce
Michigan Sentiment at 14:00 UTC could shift this read via inflation expectations
06:47 UTC
Downtrend, bounce fading · RSI 48 · price 55.534
Lower lows, retracing after test of $55 floor.
Silver stayed heavy through the session, printing a fresh low at 54.76 before a NY-hours bounce ran into rejection at 56.00 and faded back to 55.53. Move is a retrace within the broader downtrend as USD holds firm; the $55 floor and 55.63 prior low frame the near-term range.
Support: 55.00, 54.76
Resistance: 55.63, 56.00
What it said to watch
M15 close below 55.00 opens 54.76 then $54.39
Reclaim of 55.63 needed to extend the bounce toward 56.00
Michigan sentiment / inflation expectations at 14:00 UTC could shift this read
06:47 UTC
Downtrend, bounce fading · RSI 48 · price 55.534
Lower highs into $55 floor, corrective bounce rejected at 56.
XAGUSD sold off through the NY session toward the $55 floor, printing a session low at 54.756 before a corrective bounce spiked to 55.997 and was promptly rejected. Price has slid back to 55.53 with RSI mid-range; the descending channel and USD-firm backdrop keep the bounce capped.
Support: 55.034, 54.756
Resistance: 55.997
What it said to watch
M15 close below 55.034 swing low re-exposes the 54.756 session low
Reclaim of 55.997 rejection would extend the bounce toward the channel top
Michigan Consumer Sentiment at 14:00 UTC could shift this read
Silver clawed back off the 54.76 session low toward 56.00 through the London morning after Thursday's ~3.5% USD-driven selloff. A double-bottom around 54.76/54.96 gave way to a sharp recovery leg, with price now consolidating just under the 56.00 session high; RSI(14) has cooled from the recovery spike but holds above 60.
Support: 55.63, 55.00, 54.76
Resistance: 56.00, 56.36
What it said to watch
Close above 56.00 session high extends recovery toward 56.36
Loss of 55.63 prior low reopens 55.00 psych floor and the 54.76 session low
Michigan Consumer Sentiment at 14:00 UTC could materially shift this read
Silver bounced off the 54.76 session low and rallied ~1.20 into the early London hours to test 56.00, RSI(14) recovering to ~58 from oversold. Move is a relief bounce inside the broader descending channel per the bearish USD-driven backdrop; 55.997 session high now the immediate cap.
Support: 55.00, 54.76, 54.39
Resistance: 55.997, 56.37
What it said to watch
M15 close above 55.997 opens the path to 56.37
Failure to hold 55.00 psych floor re-exposes 54.76 then 54.39
Michigan sentiment + inflation expectations at 14:00 UTC could shift this read
Silver sold off to a 54.81 session low during US hours then rebounded sharply toward the 55.99 session high as the USD stabilised; the descending channel remains intact but the last five M15 bars printed a strong recovery leg off the low. RSI(14) has swung back to ~58 with a mild bullish divergence at the 54.81 print.
Support: 55.00, 54.813, 54.39
Resistance: 55.997, 56.499
What it said to watch
M15 close above 55.997 session high extends the recovery toward 56.50 swing high
Loss of the 55.00 floor reopens 54.81 session low then 54.39
Michigan Consumer Sentiment at 14:00 UTC could reprice this move
Silver swept the $55 floor down to 54.76 then rallied hard back above 55.5, closing 55.887 — a false break of the seven-month floor after Thursday's USD-driven selloff. RSI(14) has rebounded into the low 60s on the recovery leg; 56.00 round number is the immediate cap.
Support: 55.00, 54.76
Resistance: 56.00
What it said to watch
Rejection at 56.00 keeps the broader downtrend intact
M15 close back below 55.00 re-exposes 54.76 session low then 54.39
Michigan Consumer Sentiment + inflation expectations at 14:00 UTC could reshape this read
06:03 UTC
Downtrend, bouncing off lows · RSI 48 · price 55.504
Lower highs, recent low at 54.81 held.
Silver sold off through the Asian range to a 54.81 session low before buyers stepped in, RSI(14) recovering from oversold to the mid-40s as price reclaimed 55.50. USD strength on resilient US data keeps the descending channel intact and rallies capped near 55.63.
Support: 55.00, 54.81, 54.39
Resistance: 55.63
What it said to watch
Break below 55.00 opens the 54.81 session low then 54.39
M15 close above 55.63 negates the bounce-capping read
Michigan Consumer Sentiment at 14:00 UTC could shift this read
Silver's ~3.5% slide bottomed at 54.76 during the Asian session, with buyers stepping in twice near the $55 floor before a bounce to 55.77. Price now consolidates around 55.50 into London, RSI(14) recovering from oversold toward neutral; the 55.63–55.77 zone is capping the rebound.
Support: 54.76, 54.39
Resistance: 55.63, 55.77
What it said to watch
M15 close above 55.77 negates the lower-high sequence
Break below 54.76 opens 54.39 then the $50 psych target
Michigan sentiment / inflation expectations at 14:00 UTC could shift this read
Silver in freefall Thursday, down ~3.5% into the $55 floor on a firmer USD and revived Fed-hike bets. Price swept below $55 to 54.81 before recovering; the 54.98 session low was retested and held into the Asia-London transition, with RSI(14) mid-40s after the bounce off the lows.
Support: 54.98, 54.81
Resistance: 55.39
What it said to watch
M15 close below 54.81 swing low opens 54.39
Reclaim of 55.39 bounce high needed to ease downside pressure
UoM sentiment + inflation expectations at 14:00 UTC could shift this read
05:47 UTC
Downtrend, testing floor · RSI 45 · price 55.188
Lower highs, lower lows into $55.
Silver bled through the day into a sweep of the $54.76 low before a sharp bounce back to $55.19, RSI(14) lifting off oversold as the USD-driven selloff paused. Descending channel intact; price capped below the $55.63 seven-month low which now acts as resistance.
Support: 54.76, 54.39
Resistance: 55.63
What it said to watch
M15 close back above 55.63 puts the descending channel top into play
Loss of 54.76 confirms downtrend acceleration toward 54.39
UoM sentiment + inflation expectations at 14:00 UTC could materially shift this read
London session opened with a bounce off the $55 psych level after Thursday's ~3.5% selloff on a firmer USD; RSI(14) recovering to ~43 from earlier lows. Price still stalls below EMA20/50 with lower highs capping into the 55.77 session high — descending structure intact.
Support: 54.756
Resistance: 55.41, 55.77
What it said to watch
M15 close above 55.41 swing high breaks the lower-high chain
Failure to hold 54.756 session low opens 54.39
UoM sentiment + inflation expectations at 14:00 UTC could shift this read
Lower highs / lower lows within descending channel.
Silver stayed in its descending channel through Asian hours, tapping 54.96 before a modest bounce to 55.18, with the $55 floor and the 54.76 seven-month low holding for now. USD firmness after strong US claims/Philly Fed keeps rallies capped near the channel top around 55.63; RSI has ticked up off the lows as price set a marginally higher low.
Support: 54.96, 54.76
Resistance: 55.63
What it said to watch
Clean break below 54.96 / 54.76 opens the path to 54.39
M15 close above 55.63 challenges the channel top
Michigan sentiment + inflation expectations at 14:00 UTC could shift this read
Silver ground lower through the NY session, shedding ~3.5% to test the $55 floor as the USD firmed on strong claims/Philly Fed. A bounce to 55.77 during London-NY faded and price is rolling back toward the 54.81 session low, holding below EMA20/50.
Support: 55.00, 54.81, 54.39
Resistance: 55.63, 55.77
What it said to watch
Clean break below 55.00 exposes the 54.81 session low then 54.39
Reclaim of 55.63 would ease the immediate downside pressure
Michigan Consumer Sentiment / inflation expectations at 14:00 UTC could materially shift this read
Lower highs, lower lows; bounce off session low fading.
Silver stair-stepped lower through the session to sweep the $54.76 low before a sharp bounce to $55.77, which has since faded back to $55.15 within the descending channel. USD firmness on strong claims/Philly Fed keeps the $55.00 floor under pressure; RSI(14) near 41 leaves room lower.
Silver ground lower through the Asian session, sweeping 54.76 before a bounce to 55.77 that has since faded into a chain of lower highs. Sellers capped the retracement near 55.42 and price is back at 55.19, with the broader descending structure intact after the fully-faded soft-CPI relief bounce.
Support: 54.76
Resistance: 55.42, 55.77
What it said to watch
Break below 54.76 extends the downtrend toward the 54.39 area
Reclaim of 55.42 needed to challenge the 55.77 swing high
Michigan sentiment + inflation expectations at 14:00 UTC could shift this read
Downtrend on M15; silver broke the $55.50-$55.63 support during NY as US-Iran oil-driven inflation fears kept a hawkish-Fed dollar bid alive despite soft PPI. The bounce to 55.77 was rejected and price is rolling back toward the 54.76 session low, holding below EMA20/50.
Support: 54.756
Resistance: 55.63, 55.768
What it said to watch
Break of 54.756 session low exposes 54.39
Reclaim above 55.63 broken support invalidates the lower-high sequence
Michigan Consumer Sentiment + inflation expectations 14:00 UTC could shift this read
M15 downtrend intact; price swept the session low near 54.76 then bounced hard to 55.77 before fading back to 55.23. Rejection at the 55.63 swing high has left the recovery stalling, RSI(14) mid-40s. Silver remains pressured within its broader descending structure on revived inflation-driven rate fears.
Support: 54.76
Resistance: 55.63, 55.77
What it said to watch
M15 close back above 55.63 swing high would ease the downtrend read
Break of 54.76 session low exposes 54.39
Michigan Consumer Sentiment + inflation expectations at 14:00 UTC could shift this read
04:47 UTC
Downtrend, sellers in control · RSI 42 · price 55.228
Lower highs, lower lows after bounce faded.
Silver extended its slide toward 55.20, pressured by oil-driven inflation fears keeping a hawkish-Fed premium alive. A sharp bounce off the 54.76 session low peaked at 55.77 but faded back below 55.30, printing a fresh lower high near 55.41.
Support: 54.756
Resistance: 55.41, 55.768
What it said to watch
Michigan Consumer Sentiment + inflation expectations 14:00 UTC could materially shift this read
Break below 54.76 session low exposes 54.39
M15 close back above 55.41 lower high would ease the downtrend read
04:32 UTC
Downtrend, bounce fading · RSI 46 · price 55.293
Lower highs, lower lows.
Silver extended its downtrend through the London-NY sessions, sweeping to a 54.81 session low before an Asia-session bounce stalled at the 55.77 bounce high beneath descending resistance. Price is fading back toward the 55.03 swing low with RSI(14) near 46; the oil/inflation-led selling flagged in the macro read keeps pressure on.
Support: 55.034, 54.813
Resistance: 55.63, 55.77
What it said to watch
Loss of the 54.81 session low exposes 54.39
Close back above the 55.63 recent high negates the fade
Michigan Consumer Sentiment at 14:00 UTC could materially shift this read
Silver sold off through Asian hours to a 54.76 swing low, then snapped back to 55.77 before rolling over again toward 55.29 — a retest of broken support turning into resistance. Move fits the broader bearish tone as oil-driven inflation fears keep a hawkish-Fed premium alive; price holds below both EMA20 and EMA50 with RSI mid-40s, no reversal signal yet.
Support: 55.19, 55.00, 54.76
Resistance: 55.63, 55.77
What it said to watch
M15 close back above 55.63 would break the lower-high chain
Failure to hold 55.19 exposes the 54.76 swing low and 55.00 round number
UoM Michigan Sentiment + inflation expectations at 14:00 UTC could reset this read
Fresh low swept, sharp recovery, now consolidating.
Silver extended its descending-channel decline through NY into Asia, tagging a fresh low at 54.81 before a sharp recovery to 55.77 during Asian hours. Price has since faded to 55.36, sitting just below EMA20 with RSI(14) mid-40s; the 54.81 session low held on the sweep.
Support: 54.81
Resistance: 55.77, 56.00
What it said to watch
M15 close below 54.81 confirms a lower low and exposes 54.39
Reclaim of 55.77 bounce high would extend the recovery toward 56.00
Michigan Consumer Sentiment at 14:00 UTC could reset this read
04:17 UTC
Downtrend, bounce fading · RSI 44 · price 55.356
Lower lows, sharp bounce retracing.
Silver extended its downtrend, slicing through the $55.50-55.63 support zone to a 54.81 session low before a sharp bounce reclaimed 55.77. Price is now retracing that bounce and stalling near 55.36 below EMA20, with the swing-high band at 55.63 capping the recovery.
Support: 55.03, 54.81
Resistance: 55.63, 55.77
What it said to watch
Reclaim and hold above 55.63 swing high would neutralise the lower-low sequence
Loss of 55.03 swing low reopens the 54.81 session low
UoM Michigan sentiment + inflation expectations (14:00 UTC) could shift this read
04:03 UTC
Downtrend, bounce off lows · RSI 44 · price 55.367
Lower highs, swept low then recovering.
M15 remains in a downtrend; the Asia session swept the 54.76 low then snapped back to 55.77 before fading to 55.37. Move fits the oil-driven inflation/rate story capping silver rallies; RSI(14) near 44 off the lows.
Support: 55.00, 54.76
Resistance: 55.77
What it said to watch
Close below 54.76 confirms a fresh lower low, exposing 55.00 psych and below
Reclaim of 55.77 session high negates the sweep-and-fade read
UoM Michigan Sentiment + inflation expectations 14:00 UTC could materially shift this read
04:03 UTC
Downtrend, bouncing off lows · RSI 44 · price 55.367
Lower highs, session low swept and reclaimed.
Silver extended its second-day slide, sweeping to 54.86 during the Asia session before snapping back to 55.77 as oil-driven inflation fears kept sellers dominant into the bounce. Price has since faded to 55.37, holding above the recent low but capped under the 55.63 swing high; RSI(14) mid-40s after basing.
Support: 54.86
Resistance: 55.63, 55.77
What it said to watch
M15 close back below 54.86 confirms a fresh lower-low
Reclaim of 55.63 opens room toward the 55.77 session high
UoM Michigan Sentiment + inflation expectations at 14:00 UTC could shift this read
Silver extended its downtrend through the Asian session, sweeping the $55.50-55.63 seven-month support with a dip to 54.81 before buyers snapped it back above 55.60. The leg lower tracks renewed US-Iran/oil inflation fears keeping a Fed-hawkish premium alive; RSI(14) is recovering off oversold after the flush.
Support: 55.50, 54.81
Resistance: 55.77, 56.05
What it said to watch
Close back below 55.50 reopens the 54.81 session low, then 54.39
Reclaim and hold above 55.77 needed to extend the bounce toward 56.05
Michigan Consumer Sentiment at 14:00 UTC could materially shift this read
Lower highs into 54.81 sweep, aggressive recovery.
Silver swept the seven-month low to 54.81 during Asian hours then reversed nearly a dollar to 55.77 before easing to 55.64, tracking the broader oil-driven downtrend flagged in the digest. RSI(14) has lifted back toward the mid-40s off oversold, and price now sits above EMA20 but below EMA50 into a stalled bounce.
Support: 55.20, 54.81
Resistance: 55.77, 56.00
What it said to watch
Reclaim of 55.77 swing high opens the path back toward 56.00 psych
Failure to hold 55.20 swing low reopens the 54.81 session low
Michigan Consumer Sentiment + inflation expectations at 14:00 UTC could materially shift this read
XAGUSD swept the session low at 54.756 in Asia hours then snapped back to the 55.77 bounce high, the day's strongest recovery candle after a run of lower lows. Price holds near 55.60 as the soft-CPI relief fades against energy-driven inflation fears; RSI(14) recovering from oversold.
Support: 54.756
Resistance: 55.77
What it said to watch
Michigan Consumer Sentiment 14:00 UTC could materially shift this read
Break below the 54.756 session low exposes 54.39
Reclaim of the 55.77 bounce high needed to ease downside pressure
Persistent M15 downtrend swept the session low at 54.76 during early Asia hours before a sharp reversal bar drove price back to 55.77. Sellers had capped rallies all through the London-NY leg; the current bounce has RSI recovering off oversold toward 46, with 55.77 the immediate cap.
Support: 55.35, 54.76
Resistance: 55.77, 56.00
What it said to watch
Reclaim and close above 55.77 opens the path to 56.00
Failure to hold 55.35 reopens the 54.76 session low
Michigan sentiment 14:00 UTC could materially shift this read
03:17 UTC
Downtrend, bounce off lows · RSI 42 · price 55.298
Lower highs and lower lows, testing broken support.
Silver extended its downtrend through Asian hours, sweeping to a fresh 54.81 low before bouncing to 55.30 as the broken 55.50-55.63 support flipped to resistance. RSI(14) recovering off oversold, but price holds below EMA20/EMA50 with the chain of lower highs intact.
Support: 54.81
Resistance: 55.55
What it said to watch
Reclaim of 55.55 prior support would neutralise the lower-high sequence
Loss of 54.81 session low reopens the descending leg
Michigan Consumer Sentiment + inflation expectations at 14:00 UTC could shift this read
03:17 UTC
Downtrend, bouncing off lows · RSI 39 · price 55.298
Lower highs / lower lows, snap-back underway.
Silver extended its slide through the Asia session, breaking the prior 55.34 base and printing a fresh low at 54.76 before snapping back to 55.30 — the drop tracks the fade of the soft-CPI/PPI relief and renewed oil-driven rate fears. RSI(14) turned up from oversold into the bounce, but structure remains a chain of lower highs and lower lows below both EMAs.
Support: 54.76
Resistance: 55.55
What it said to watch
Reclaim of 55.55 swing high would break the lower-high sequence
Loss of 54.76 session low exposes downside continuation
Michigan Consumer Sentiment at 14:00 UTC could shift the read
Silver ground steadily lower through the session and broke the prior 55.03 low, printing a fresh session low at 54.756 as US-Iran oil/inflation fears kept the tape heavy despite soft CPI/PPI. Price sits just under the 55.00 handle within a clean descending channel, RSI(14) near 32 but not yet stretched.
Support: 54.756, 54.39
Resistance: 55.53
What it said to watch
A break below 54.756 session low opens the 54.39 downside tgt
Reclaim of 55.53 prior floor would question the downtrend
Michigan sentiment / inflation expectations at 14:00 UTC could shift this read
Silver stair-stepped lower through the session, breaking the 55.53 seven-month-low area and printing fresh lows at 54.76 as oil-driven inflation fears kept the tape heavy despite soft US data. RSI(14) near 30 is stretched but consistent with the trend; sellers capped every bounce inside the descending channel.
Support: 54.756, 54.39
Resistance: 55.53
What it said to watch
M15 close back above 55.53 would neutralise the fresh-low break
Sustained trade below 54.39 opens the next leg down
Michigan sentiment/inflation expectations 14:00 UTC could shift this read
Silver broke the 55.63 seven-month low and accelerated to a fresh session low at 54.813, oil-driven inflation fears overriding soft US data. RSI(14) around 27 and stretched but no reversal signal yet; prior support at 55.20 now caps.
Support: 54.813, 54.39
Resistance: 55.209, 55.63
What it said to watch
A reclaim of 55.63 would invalidate the fresh break lower
Holding below 54.813 keeps 54.39 in play
UoM Michigan sentiment/inflation expectations later today (14:00 UTC) could reshape this read
Chain of lower highs and lower lows, fresh session low.
Silver broke the 55.63 seven-month low and pressed to a fresh session low at 54.81, as US-Iran oil-driven inflation fears kept the descending channel intact. Selling accelerated late in the window with RSI(14) near 31; no basing yet, 54.39 is the next reference below.
Support: 54.813, 54.39
Resistance: 55.63
What it said to watch
A reclaim of 55.63 would negate the low breakdown
Sustained trade below 54.39 extends the down leg
Michigan sentiment / inflation expectations 14:00 UTC could shift this read
02:32 UTC
Downtrend, fresh lows · RSI 35 · price 55.058
Lower highs and lower lows, range break lower.
Silver leaked lower through the Asia session, breaking the 55.40-55.55 consolidation and printing a fresh low at 55.034 as US-Iran energy-inflation fears kept the tape heavy. RSI(14) near 34, extended but not yet at extreme; price sits pinned to the low with no reclaim of 55.53.
Support: 55.034, 54.39
Resistance: 55.53
What it said to watch
Sustained close below 55.03 exposes 54.39
Reclaim of 55.53 swing needed to ease downside pressure
Michigan Sentiment + inflation expectations 14:00 UTC could shift this read
Chain of lower highs and lower lows, descending channel.
Silver broke the 55.55 seven-month low area during the NY session and printed a fresh session low at 55.034, pressing lower into the close as US-Iran energy-inflation fears offset the soft CPI/PPI data. RSI(14) around 30 is stretched but not extreme, and price is holding below both EMAs with 54.39 the next reference below.
Support: 55.034, 54.39
Resistance: 55.55
What it said to watch
Reclaim of 55.55 would negate the fresh breakdown
Failure to hold 55.03 opens the path to 54.39
UoM inflation expectations at 14:00 UTC could materially shift this read
Silver extended its slide through the $55.50 support into early Asia hours, printing a fresh session low at 55.034 before a shallow bounce to 55.19. Price stays below EMA20/50 within a clean descending channel, RSI(14) subdued in the mid-30s with no reversal signal yet.
Support: 55.034, 54.39
Resistance: 55.50
What it said to watch
A close below 55.034 exposes 54.39
Reclaim of 55.50 would negate the breakdown
UoM sentiment + inflation expectations at 14:00 UTC could shift this read
Silver ground to a fresh session low at 55.034 during Asia hours, part of a clean descending channel with RSI(14) around 33 but not yet washed out. Price is pinned below EMA20/50 after oil-driven inflation fears kept sellers in control despite this week's soft US inflation prints.
Support: 55.034, 55.00, 54.39
Resistance: 55.44
What it said to watch
A close below 55.00 psych exposes the 54.39 next support
Reclaim of the 55.44 recent pivot would break the run of lower highs
UoM Consumer Sentiment / inflation expectations at 14:00 UTC could shift this read
Silver stair-stepped lower through the window, breaking the 55.55 range floor and printing a fresh session low at 55.034 before the current 55.245 print. The slide fits the oil-driven inflation/higher-for-longer read pressuring non-yielding metals; RSI(14) near 33 is stretched but not extreme on this TF.
Support: 55.034, 55.00, 54.39
Resistance: 55.55
What it said to watch
Reclaim above 55.55 would neutralise the fresh-low read
Failure to hold 55.00 opens the 54.39 area
UoM sentiment + inflation expectations at 14:00 UTC could shift this read
02:03 UTC
Downtrend, fresh leg lower · RSI 33 · price 55.245
Lower highs and lower lows, range broken down.
Silver broke down out of the 55.4-55.6 Asian consolidation, tagging a fresh low at 55.03 before a shallow bounce to 55.24. The slide extends the NY-session decline driven by US-Iran energy-inflation fears offsetting soft PPI; the seven-month 55.5-55.63 support has flipped to resistance.
Support: 55.034, 54.39
Resistance: 55.55
What it said to watch
Reclaim above 55.55 invalidates the breakdown read
Break below 55.03 opens 54.39
UoM Michigan sentiment + inflation expectations 14:00 UTC could reshape the read
01:47 UTC
Downtrend, sliding to lows · RSI 39 · price 55.382
Lower highs, lower lows in descending channel.
Silver ground lower through the NY session and into Asia, tracking a descending channel after renewed US-Iran oil/inflation fears offset soft CPI/PPI. A bounce to 55.77 was rejected and price is back pressing the 55.32 swing low on thin Asian volume, RSI(14) near 39.
Support: 55.32, 54.39
Resistance: 55.55, 55.77
What it said to watch
M15 close below 55.32 exposes the 54.39 target
Reclaim of 55.55 prior support needed to ease downside pressure
UoM Michigan sentiment + inflation expectations at 14:00 UTC could reprice the read
01:47 UTC
Downtrend, fresh lows · RSI 43 · price 55.382
Lower highs, lower lows in descending channel.
Silver ground lower through the US session into the $55.32 seven-month-low zone as oil-driven inflation fears offset soft US data. A brief pop to 55.77 in the Asian session was sold, and price now sits back near the lows with RSI(14) mid-40s; the descending channel remains intact.
Support: 55.32, 55.00, 54.39
Resistance: 55.55, 55.77
What it said to watch
M15 close below 55.32 confirms the lower-low and opens 55.00 then 54.39
Reclaim of 55.55 prior support would challenge the descending channel
Michigan Sentiment / UoM inflation expectations at 14:00 UTC could shift the read
01:32 UTC
Downtrend, consolidating near lows · RSI 44 · price 55.496
Lower highs into a base above the session low.
Silver slid steadily through the window on oil-driven inflation fears offsetting soft US data, now consolidating around 55.50 just above the 55.32 session low. An Asian-session bounce to 55.77 was sold back, and price sits below the 55.63 seven-month-low pivot.
Support: 55.32, 54.39
Resistance: 55.77, 55.63
What it said to watch
M15 close below 55.32 exposes 54.39
Reclaim of 55.63 puts 55.77 session high back in play
Michigan sentiment + inflation expectations 14:00 UTC could shift this read
01:32 UTC
Downtrend, consolidating near lows · RSI 44 · price 55.496
Lower highs / lower lows, flattening at seven-month low.
Silver dropped ~1.85% through the US session on oil-led inflation fears, printing a seven-month low at 55.32 before basing near 55.50. Asian session is thin and directionless, RSI(14) recovering off oversold but capped below 55.77; sellers still defend each rebound.
Support: 55.34, 54.39
Resistance: 55.77
What it said to watch
M15 close below 55.34 session low exposes 54.39
Reclaim of 55.77 session high would break the run of lower highs
Michigan Sentiment / UoM inflation expectations 14:00 UTC could reprice this read
Silver sold off ~2% through the London-NY session, driven by oil/US-Iran inflation fears despite soft US data, then flattened just above the seven-month low at 55.32. Asia hours have it grinding in a 55.35-55.77 range with RSI recovering into the mid-40s and ATR near 150 pips.
Support: 55.35, 55.32, 54.39
Resistance: 55.77
What it said to watch
Break below 55.32 seven-month low exposes 54.39
M15 close above 55.77 swing high ends the consolidation read
Michigan sentiment + inflation expectations (14:00 UTC) is the next macro catalyst
Lower lows into seven-month low, now consolidating.
Silver ground lower through the London-NY selloff into a seven-month low near 55.34, then flattened into a tight Asia-session range between 55.34 and 55.77 on thin volume. RSI(14) has recovered to mid-40s after the bounce off the low; sellers still capping into the descending resistance from the 56.50 pivot.
Support: 55.34
Resistance: 55.77
What it said to watch
Break below 55.34 exposes 54.39 per macro read
M15 close above 55.77 invalidates the consolidation read
Michigan sentiment + inflation expectations 14:00 UTC could shift this read
Silver sold off from 57.7 to a fresh swing low at 55.32 as US-Iran oil-inflation fears offset soft US data, then flattened into a tight 55.35-55.77 band through the Asia session. Last bar bounced off 55.35 with RSI(14) recovering to the low-50s; buyers defended the 55.35 low twice, keeping the range floor intact.
Support: 55.35
Resistance: 55.77, 55.86
What it said to watch
M15 close below 55.32 confirms a lower low, exposing 54.39
Close above 55.86 breaks the consolidation and prior high
Michigan sentiment/inflation expectations at 14:00 UTC could shift this read
Silver bled from 57.8 to a session low at 55.32 through the window, driven by oil-led inflation fears offsetting soft US data. Price is now consolidating 55.44-55.77; the last bar popped to 55.77 and closed 55.648, RSI recovering off oversold. No clean setup in play inside the range.
Support: 55.32, 55.44, 54.39
Resistance: 55.77, 56.05
What it said to watch
M15 close below 55.32 confirms fresh lower low, exposing 54.39
Reclaim of 55.77 opens the 56.05 swing high
Michigan Sentiment + inflation expectations 14:00 UTC could materially shift this read
00:47 UTC
Downtrend, consolidating near lows · RSI 41 · price 55.44
Descending channel, chain of lower highs into a base.
Silver ground lower through the session inside a descending channel and is now consolidating tightly around 55.40-55.55, just under the seven-month low zone. RSI(14) near 41 with price pinned below EMA20 and EMA50; low Asia-session volume, no directional resolution yet.
Support: 55.35, 55.32, 54.39
Resistance: 55.73
What it said to watch
M15 close below 55.32 swing low exposes 54.39
Reclaim of 55.73 recent high needed to break the descending channel
UoM Michigan Sentiment 14:00 UTC could shift this read
Lower highs and lower lows, now basing near session low.
Silver sold off ~1.85% through the NY session inside a descending channel, revived US-Iran oil/inflation fears offsetting the soft CPI/PPI. Price is now basing between 55.32 and 55.63 in thin early-Asia trade, RSI(14) mid-40s with no reversal signal yet.
Support: 55.32
Resistance: 55.63
What it said to watch
M15 close below 55.32 confirms lower-low and exposes 54.39
Reclaim of 55.63 prior high would break the descending sequence
Michigan sentiment + inflation expectations at 14:00 UTC could shift the read
00:32 UTC
Downtrend, consolidating at lows · RSI 42 · price 55.419
Lower highs into a tight base near session low.
XAGUSD slid ~1.85% through the session as oil-led inflation fears offset soft US data, bottoming at 55.32 before basing in a tight 55.40-55.63 band during late NY hours. RSI(14) has lifted off oversold into the low 40s as price stalls just above the seven-month low; momentum still points down but the drop has paused.
Support: 55.32, 55.40, 54.39
Resistance: 55.63
What it said to watch
Break below 55.32 exposes the 54.39 next support
Close above 55.63 swing high breaks the consolidation
Michigan Sentiment / UoM inflation expectations Fri 14:00 UTC could reprice this read
Lower highs into seven-month low, now consolidating.
Silver ground lower through the NY session to a seven-month low near 55.32 as oil-driven inflation fears offset soft US data, and is now consolidating 55.40-55.60 in a thin Asia session. RSI(14) around 41 after basing near oversold; price holds below EMA20 and EMA50 with the descending structure intact.
Support: 55.32, 54.39
Resistance: 55.72
What it said to watch
M15 close below 55.32 exposes 54.39
Reclaim of 55.72 needed to challenge the descending resistance
Michigan Sentiment Fri 14:00 UTC could shift the read
Lower highs into seven-month low, now consolidating.
Silver ground down through the session from 57.84 to a seven-month low near 55.32, oil-driven inflation fears overriding soft CPI/PPI. Price is now coiling in a tight 55.44-55.59 band on thin Asian volume, RSI(14) recovering off the lows but still sub-50.
Support: 55.44, 55.32, 54.39
Resistance: 55.72
What it said to watch
M15 close below 55.32 confirms a lower low and exposes 54.39
Reclaim of 55.72 would break the descending channel top
Michigan Sentiment / UoM inflation expectations Fri 14:00 UTC could shift the read
Consolidating above seven-month low after sharp selloff.
Silver sold off sharply through London-NY on oil-driven inflation fears, printing a seven-month low near 55.32 before stabilising. Asian session now grinding in a tight 55.39-55.72 band, RSI(14) recovering off oversold into the low-40s; price still below EMA20 and EMA50.
Support: 55.393, 55.32, 54.39
Resistance: 55.72
What it said to watch
Break below 55.32 exposes 54.39
M15 close above 55.72 ends the consolidation
Michigan Sentiment Fri 14:00 UTC could shift the read
Steep selloff into seven-month low, now consolidating.
Silver sold off hard through London-NY toward the seven-month low near 55.63 as US-Iran oil-driven inflation fears overrode soft CPI/PPI, then flattened into a tight 55.45–55.60 range through Asian hours. RSI(14) has recovered off its lows to the low-40s as selling pressure eased at the base.
Support: 55.39, 55.32, 54.39
Resistance: 55.72
What it said to watch
Break below 55.32 swing low exposes the 54.39 target
Close above 55.72 recent high breaks the consolidation
Michigan Sentiment / UoM inflation expectations Fri 14:00 UTC could shift this read
Silver bled from 57.83 to the 55.5 area through London and NY, a ~2% slide as oil-led inflation fears offset soft US data. Last few hours have coiled into a tight 55.40–55.60 range at the seven-month low, RSI(14) flattening in the low 40s.
Support: 55.39, 55.32, 54.39
Resistance: 55.72
What it said to watch
Break below 55.32 confirms a lower low and exposes 54.39
Reclaim of 55.72 would break the intraday consolidation higher
Michigan Sentiment / UoM inflation expectations Fri 14:00 UTC could shift this read