Silver collapsed from above $71 to a $63.29 swing low this week as a hawkish Fed dot-plot and the US-Iran summit collapse forced a third straight down session. Price has since stabilised in a $64–65 consolidation, hugging the H1 EMA(20) with RSI(14) recovering toward neutral. The $65.36 swing high and $65.77 pivot cap the rebound, while $64.00 has so far held the floor of the range.
Support: 64.00, 63.29
Resistance: 65.36, 65.77
What it said to watch
H1 close below 63.29 swing low extends the decline toward 61.50
Reclaim of 65.77 pivot needed to challenge the broader selloff
S&P Global PMIs Tue 13:45 UTC (HIGH) could break this consolidation
23:02 UTC
Downtrend, basing · RSI 47 · price 64.791
Lower highs into a base above 63.30.
Silver round-tripped from above $70 to a $63.29 low this week as the hawkish Fed dot-plot and the collapse of the US-Iran talks drove a third straight session of selling. Price is now basing in a 64.18–65.36 band, reclaiming EMA(20) while EMA(50) near 65.8 caps the rebound. RSI(14) has lifted off oversold to mid-40s, but the broader structure of lower highs remains intact below the 200-DMA.
Support: 64.18, 63.32, 61.50
Resistance: 65.36, 65.77
What it said to watch
H1 close above 65.77 pivot would break the lower-high sequence
Loss of 63.32 range floor exposes the 61.50 downside magnet
S&P Global PMIs (Tue 13:45 UTC) could materially shift this read
22:02 UTC
Downtrend, bounce attempt · RSI 45 · price 64.803
Lower highs and lower lows, basing near week low.
Silver extended a third straight session of selling, sliding from ~71 at Monday's open to a 63.29 week low before a shallow bounce into NY hours. The hawkish Fed dot-plot and the collapse of the US-Iran talks drove the leg lower; price now hovers just under EMA20 near 64.9 with RSI in the mid-40s. The 65.36 swing high and the 65.77 pivot have capped the rebound, keeping the lower-high sequence intact.
Support: 64.18, 63.29
Resistance: 65.36, 65.77
What it said to watch
H1 close below 64.18 session low re-exposes the 63.29 week low
Reclaim of the 65.77 pivot would challenge the lower-high structure
S&P Global PMIs (Tue 13:45 UTC) could materially shift this read
22:02 UTC
Downtrend, stalling after washout · RSI 44 · price 64.803
Lower highs and lows, basing under supply.
Silver has fallen for a third straight session, crashing from above $71 early week to a $63.29 swing low as the hawkish Fed dot-plot and a stronger USD reinforced the higher-for-longer narrative. Price is now consolidating in a tight 64.2–65.4 band under the EMA stack, with supply capping repeated probes near 65.36 and RSI(14) recovering off oversold. The 65.77 pivot remains the line between continuation and a deeper relief bounce.
Support: 64.18, 63.29, 61.50
Resistance: 65.36, 65.77
What it said to watch
H1 close above 65.77 pivot would challenge the downtrend read
Failure to hold 64.18 recent low reopens 63.29 then 61.50
S&P Global PMIs (Tue 13:45 UTC) a high-impact risk to this read
21:04 UTC
Downtrend, attempting to stabilise · RSI 44 · price 64.803
Lower highs and lower lows, basing near range floor.
Silver has bled lower for a third straight session, sliding from the 71.5 weekly high to a 63.32 low after the hawkish FOMC dot-plot and the collapse of US-Iran talks revived the higher-for-longer USD bid. Price sits below EMA20 and EMA50 with RSI(14) basing in the 40s; the bounce into NY hours stalled at the 65.36 session high, leaving the downtrend structure intact. Demand stepped in around 63.32 but rallies keep getting capped beneath the 65.77 pivot.
Support: 64.18, 63.32, 61.50
Resistance: 65.36, 65.77
What it said to watch
Sustained H1 close below 64.18 reopens 63.32 then the 61.50 area
Reclaim of 65.77 pivot would challenge the lower-high sequence
S&P Global PMIs (Tue 13:45 UTC) could materially shift this read
Silver has bled lower all week, accelerating through a sharp impulsive break from $71.5 toward $63.45 as the hawkish Fed dot-plot and a stronger dollar weighed on the non-yielding metal. Price is now consolidating in the 64.30-65.36 band after a bounce off the 63.45 swing low, holding firmly below EMA(20) and EMA(50) with RSI(14) recovering off depressed levels near 43. The lower-high sequence remains intact and rebounds toward 65.77 have been faded.
Support: 63.45, 61.50
Resistance: 65.36, 65.77
What it said to watch
H1 close below 63.45 reopens the path to 61.50
Reclaim of 65.77 pivot would break the lower-high sequence
S&P Global PMIs (Tue 13:45 UTC, HIGH) could materially shift this read