Silver rallied roughly 7.5% off the 54.75 low to a two-week high near 60.94, but the move stalled at the 60-61 ceiling and has rolled over sharply, shedding about 3 points to 57.62 with both EMA20 and EMA50 now capping overhead. The retreat fits the digest read of rising US yields and September Fed-hike pricing offsetting the Mid-East safe-haven bid. ATR remains elevated, so swings stay wide as price probes the 57.05 recent low.
Support: 57.05, 55.40, 54.75
Resistance: 58.73, 60.00, 60.94
What it said to watch
Acceptance below 57.05 opens 55.40 then the 54.75 range low
Reclaim of 58.73 and the EMA cluster needed to re-target 60.00
S&P Global flash PMIs Fri 13:45 GMT could shift yields/USD and this read
21:06 UTC
Recovery stalling, pulling back · RSI 42 · price 57.62
Lower highs off the $60.90 peak.
Silver rebounded roughly 7.5% off the $54.80 low to a two-week high near $60.90 but stalled repeatedly at the $60-61 cap as firmer US yields offset the safe-haven bid. Price has since rolled over, slipping back under the $58.45 pivot and now trades below both EMA20 and EMA50. ATR remains elevated with moves expanding, and the recent drop to 57.05 marks the first lower low since the recovery began.
Support: 57.05, 55.40
Resistance: 58.45, 59.00, 60.90
What it said to watch
Acceptance below 57.05 opens the $55.40 range low
Reclaim of the 58.45 / 59.00 pivot needed to re-engage the $60.90 swing high
S&P Global flash PMIs Fri 13:45 GMT could shift yields/USD and this read
17:05 UTC
Recovery stalling, rolling over below $60 · RSI 43 · price 57.606
Pullback within a wide $55-$61 range.
Silver's four-day safe-haven surge to $60.90 stalled below the $60 cap and has rolled over, slicing back through the $58.45 base to tag $57.05. The broader picture is still a wide $55-$61 range, and with ATR(14) near 850 pips volatility remains elevated as the metal fights rising US yields. Price now sits below both EMA20 and EMA50 after the reversal.
Support: 57.05, 55.00
Resistance: 58.45, 60.90
What it said to watch
H4 close below 57.05 opens the $55.00 range base
reclaim of 58.45 shifts focus back to the $60 cap
US S&P Global PMIs Fri 13:45 UTC could materially shift this read
17:05 UTC
Recovery stalling, rolling over · RSI 42 · price 57.606
Lower high below 61, pullback through base.
The recovery from the 54.76 cycle low stalled at 60.9, a lower high versus the 62.8 peak, and price has since sold off through the 58.45 base to test the 57 area — roughly the 61.8% retrace of the 55-to-61 rally. The safe-haven bid that drove the four-day surge is fading as rising US yields cap the metal, leaving structure two-way inside the wider 55-61 band. ATR remains elevated as the pullback extends.
Support: 57.05, 55.00, 54.76
Resistance: 58.45, 60.90
What it said to watch
H4 close below 57.00 exposes the 55.00 range low
Reclaim of the 58.45 base reopens the 60.90 swing high
S&P Global PMIs Fri 13:45 UTC could materially shift this read
Sharp recovery off the $54.77 YTD low has built a clean higher-low sequence, but the rally stalled below the $60.00/$60.90 cap and the last two bars have rolled over into a pullback, dipping price back under EMA20. The bounce off safe-haven flows sits against elevated yields, and ATR(14) remains wide near 850 pips, keeping swings large. Price now testing the 58.10 support shelf.
Support: 58.10, 56.35, 54.77
Resistance: 60.00, 60.90
What it said to watch
H4 close below 58.10 opens the path to the 56.35 swing low
Acceptance above 60.00 reopens the 60.90 swing high
US flash PMIs Fri 13:45 UTC could materially shift this read
Silver rebounded ~11% off the YTD low near 54.76 on Mideast safe-haven flows, printing higher lows into a 60.94 two-week high before stalling. The latest bar rejected off the mid-59s and closed at 58.82, back toward the 58.20 prior support and the EMA20. Structure remains constructive while higher lows hold, but 60 psych is capping the advance.
Support: 58.20, 57.00, 55.00
Resistance: 60.94, 62.39
What it said to watch
H4 close below 58.20 breaks the higher-low sequence and opens 57.00 / 55.00 key support
Close above 60.94 clears the two-week high and exposes 62.39 prior high
US jobless claims today and S&P PMIs Fri could reprice the USD and shift this read
Silver has carved higher lows since the $54.76 ytd low, a safe-haven squeeze on Mideast tensions that cleared $57 then $59. The advance is stalling: after tagging the $60.94 two-week high price was rejected and is now retesting the $59.00 confluence from below, with the $60.00 psych level capping. ATR has expanded through the rally, keeping ranges wide.
Support: 57.09, 54.76
Resistance: 59.00, 60.00, 60.94
What it said to watch
H4 close below 57.09 swing low breaks the higher-low structure
Reclaim of 59.00 confluence needed to reopen 60.94 and the 60.00 psych level
US jobless claims today and S&P PMIs Fri could reprice the Fed path and shift this read
Silver has staged a sharp four-day recovery off the 54.77 ytd low, printing higher lows and reclaiming both EMAs, but the advance repeatedly stalls into the 60.00 psychological wall where prior swing highs near 60.90 capped price. ATR(14) is expanding as the rally extends, and the digest frames this as a two-way tug between Mideast safe-haven demand and oil-driven rate-hike fears. The double-bottom base around 55.00 remains the structural pivot for the recovery leg.
Support: 58.00, 55.00, 54.77
Resistance: 60.00, 60.90, 62.50
What it said to watch
H4 close above 60.00 opens the path toward the prior high near 62.50
Repeated rejection at the 60 wall keeps price pinned under swing-high supply
Loss of 58.00 swing low would break the higher-low sequence
Friday S&P Global PMIs (13:45 UTC) could materially shift this read
05:04 UTC
Recovery off ytd low, stalling at 60.00 · RSI 62 · price 59.73
Higher lows since 54.77, capped below 60.00.
Silver has staged a roughly 8% recovery off the 54.77 YTD low on a Mideast safe-haven bid, carving higher lows and reclaiming both EMAs. Price is now pressing the 60.00 psychological wall, which capped the 60.91 print and has repeatedly rejected upside as oil-driven inflation fears offset the haven bid. ATR is expanding as the bounce extends.
Support: 58.42, 56.35, 54.77
Resistance: 60.00, 60.91, 62.40
What it said to watch
H4 close above 60.00 opens the path toward 62.40
Failure to hold 58.42 threatens a lower low back toward 56.35
Friday S&P Global PMIs could materially shift this read
Silver rebounded ~11% off the 54.77 YTD low in a four-leg rally that ran into the $60 barrier, tagging 60.90 before fading to 59.68 — safe-haven bid from US-Iran tension fighting rate-hike headwinds, as flagged in the digest. Higher-low structure remains intact with price above both EMAs, but repeated stalls at $60 show supply capping the move. ATR(14) is expanding as the recovery extends.
Support: 58.40, 56.00, 54.77
Resistance: 60.90, 62.65
What it said to watch
H4 close above 60.90 opens the path to the 62.65 prior high
Failure to hold 58.40 breaks the higher-low structure and reopens 56.00
S&P Global PMIs Fri 13:45 GMT could shift the rate-hike vs safe-haven balance
Silver has rallied off the 54.77 YTD low in a clean series of higher lows, but the advance has stalled at the psychological 60.00 barrier where price has been capped repeatedly. ATR stays elevated as the bounce runs hot, driven by the safe-haven bid the digest flags. A decisive close above the 60.90 swing high would open the prior 62.06 area, while failure keeps the recovery pinned below psych 60.
Support: 56.35, 55.00
Resistance: 60.00, 60.90, 62.06
What it said to watch
H4 close above 60.00 psych opens 60.90 swing high then 62.06 prior high
Failure to hold 56.35 higher low breaks the rising structure toward 55.00 psych
S&P Global PMIs Fri 13:45 GMT could reprice the Fed-hike read and shift this recovery