Lower highs, lower lows; oversold bounce off week low.
Silver collapsed from Monday's $66 open toward fresh six-month lows at 55.609 as hawkish-Fed repricing drove the dollar to a 13-month high and unwound the debasement trade. The H1 has printed lower highs and lower lows all week, well below EMA20 and EMA50, with RSI(14) oversold near 34 and only a shallow bounce back to 57.46 off the week low. The $58.70 prior swing and $60.00 psychological floor cap any recovery.
Support: 56.534, 55.609, 55.00
Resistance: 58.70, 60.00
What it said to watch
Thu 12:30 UTC US Core PCE could materially shift this read
Loss of 56.534 reopens the 55.609 week low and 55.00 psych zone
H1 close back above 58.70 would break the sequence of lower highs
23:02 UTC
Downtrend, stabilising near lows · RSI 38 · price 57.46
Lower highs and lower lows, fresh six-month low.
Silver has been crushed all week, sliding from Monday's $66 area to a fresh six-month low at 56.534 as a hawkish-Fed repricing and a 13-month-high dollar unwound the debasement trade. The last few bars are basing between 56.50 and 57.78 after the heavy NY-session selloff, but price remains deep below EMA20 and EMA50 with structure firmly lower. RSI(14) is oversold and ticking up off the lows, reflecting the modest stabilisation rather than a reversal.
Support: 56.534
Resistance: 57.78
What it said to watch
Loss of 56.534 confirms continuation toward the $55 region
An H1 close back above 57.78 session high would ease the immediate selling pressure
US Core PCE Thu 12:30 UTC is the key swing factor — a hot print could break the lows, a soft print fuels short-cover relief
22:02 UTC
Downtrend, accelerating · RSI 34 · price 57.447
Lower highs, lower lows, fresh six-month lows.
Silver has collapsed from Monday's $66 area through the week as a hawkish-Fed repricing drove the dollar to fresh highs, with the rout extending into the NY session to a six-month low at 55.609 before a modest bounce back to 57.45. Price sits well below EMA20 and EMA50 with RSI(14) pinned near oversold; the broken $60 psychological floor now caps as overhead resistance. Each session this week has printed lower highs and lower lows with no structural pause yet.
Support: 55.609
Resistance: 58.60, 60.00
What it said to watch
Thu Jun 25 12:30 UTC US Core PCE could materially shift this read
Failure to reclaim 58.60 keeps the lower-high structure intact
H1 close back above 60.00 would challenge the breakdown read
Loss of 55.609 confirms continuation to fresh lows
Silver has been crushed all week, sliding from Monday's ~$66 toward fresh six-month lows at 55.61 as hawkish-Fed repricing and a one-year-high USD unwound the metal's bid. Price sits well below both EMA(20) and EMA(50) with RSI(14) pinned in oversold territory; the late bounce off 55.61 to 57.45 is the first stabilisation after the $60 psychological floor gave way. Supply has capped every rebound on lower highs since the 66.86 print.
Support: 56.534, 55.609
Resistance: 58.907, 60.00
What it said to watch
US Core PCE Thu 12:30 UTC could materially shift this read
H1 close back above 58.90 would break the run of lower highs
Failure to hold 56.53 reopens the 55.61 low and downside below it
Reclaim of the 60.00 psych level needed to neutralise the breakdown
21:04 UTC
Downtrend, extended and oversold · RSI 33 · price 57.447
Successive lower highs/lows, fresh six-month low.
Silver has been crushed this week from the ~66 area to a fresh six-month low at 55.609 as hawkish-Fed repricing and a one-year-high USD unwound the metal; the $60 psych floor broke decisively in the NY session. Price sits well below EMA20/EMA50 with RSI(14) oversold near 33, and a modest bounce off 55.609 has lifted it back to 57.45. The $60 round number is now overhead supply.
Support: 55.609
Resistance: 60.00
What it said to watch
US Core PCE Thu 12:30 UTC could materially shift this read
Failure to hold 55.609 opens deeper losses
H1 close back above 60.00 psych would ease the oversold downtrend pressure
Lower highs and lower lows, minor bounce off 55.61.
Silver has been crushed all week, from Monday's 67 area down to a fresh six-month low at 55.61 as hawkish-Fed repricing and a one-year-high USD unwound the metal. The break accelerated through the NY session yesterday and into Asia, with price now nursing a shallow bounce to 57.45 while holding well below EMA(20) and EMA(50). RSI(14) is oversold near 31 but shows no clear divergence yet.
Support: 55.61
Resistance: 58.90
What it said to watch
Loss of 55.61 confirms continuation toward the 60 floor region's downside extension
Reclaim of 58.90 would mark the first lower-high break of the week
US Core PCE Thu 12:30 UTC is the key swing factor and could materially shift this read
Successive lower highs and lower lows, fresh six-month low.
Silver has collapsed this week from Monday's ~$66 area toward the mid-$55s as hawkish-Fed repricing and a one-year-high USD unwound the metal, with the steepest leg driven through the NY session yesterday. Price sliced the $60.00 floor and printed a fresh six-month low at 55.609 before a two-bar bounce stabilised it near 57.14; RSI(14) is oversold and price sits well below EMA20 and EMA50. The selloff has left the chart structurally heavy ahead of Thursday's US Core PCE print.
Support: 56.534, 55.609
Resistance: 60.00
What it said to watch
Reclaim of 60.00 psych would ease the downside pressure built this week
Failure to hold 56.534 swing low reopens the path toward 55.609 and below
US Core PCE Thu 12:30 UTC could materially shift this read
Silver has been in freefall all week, collapsing from Monday's $66 area to a fresh low at $55.61 as hawkish-Fed repricing and a one-year-high USD unwound the metal. Price broke clean through the $60 psychological floor in yesterday's NY session and trades far below EMA20/EMA50 with RSI(14) pinned in oversold territory near 27. The late bounce off $55.61 to $57.14 is a relief move within an intact downtrend; supply has capped each prior attempt.
Support: 55.609
Resistance: 60.00
What it said to watch
US Core PCE Thu Jun 25 12:30 UTC is the key swing factor and could materially shift this read
Failure to hold 55.61 confirms continuation of the lower-low sequence
An H1 close back above 60.00 would challenge the breakdown structure
19:02 UTC
Downtrend, accelerating · RSI 22 · price 56.658
Lower highs, lower lows; fresh 6-month lows.
Silver has been in a one-way decline all week, breaking the $60 psych level and printing fresh 6-month lows sub-$57 as the debasement-trade unwound into a hawkish-Fed/strong-USD backdrop. Price sits well below EMA20 and EMA50 with RSI(14) pinned in the low 20s — deeply oversold but with no reversal structure yet. Prior support at 58.58 now sits overhead as resistance.
Support: 55.609
Resistance: 58.582
What it said to watch
Core PCE Thu 12:30 UTC could materially shift this read
H1 close back above 58.58 prior support needed to ease downside pressure
Loss of 55.61 swing low extends the decline toward deeper losses
Silver has been in freefall all week, sliding from the $67 area to print fresh six-month lows sub-$57 as the hawkish-Fed/strong-USD narrative and risk-off flows stripped the bid. The break of the prior $60.74 low and the $60 psych accelerated the move, with price now stretched far below EMA20 and RSI(14) deeply oversold near 25. Selling has been relentless through the NY session with no meaningful base yet formed.
Support: 55.609
Resistance: 60.74
What it said to watch
Core PCE Thu 12:30 UTC could materially shift this read — a hot print risks extension, a soft miss could spark an oversold squeeze
A reclaim of the $60 psych would neutralise the breakdown
Failure to hold 55.609 confirms continuation of the lower-low sequence
Silver has been in a relentless slide all week, with the dominant impulse extending in the latest sessions: price knifed through the 60.00 psych level and printed a fresh low at 56.161, the steepest single-bar move of the window. The rout tracks the hawkish-Fed repricing and a USD at multi-month highs that the digest flags, with RSI(14) deeply oversold near 22 and price far below both EMAs. Each bounce — most recently toward 62.5 — has been sold into a lower high.
Resistance: 58.58, 60.00
What it said to watch
Core PCE Thu 12:30 UTC could materially shift this read given oversold positioning
Reclaim of the 60.00 psych level would be the first sign the downside is easing
Continued closes below 58.58 keep the lower-low sequence intact
18:02 UTC
Downtrend, accelerating · RSI 22 · price 56.161
Successive lower highs and lower lows, fresh six-month low.
Silver remains in freefall, extending the hawkish-Fed/strong-USD rout that has dominated the week and driving a fresh leg from 58.50 down to a six-month low at 56.16 into the NY session. RSI(14) is deeply oversold below 25 and price sits far beneath EMA20 and EMA50, with no relief bounce yet holding. The 60.60 prior-support shelf has flipped to resistance overhead while the 56.00 psych level is the immediate floor being tested.
Support: 56.00
Resistance: 58.90, 60.60
What it said to watch
Hourly close below 56.00 psych opens deeper losses
Reclaim of 58.90 recent high needed to ease downside pressure
Core PCE (Thu 12:30 UTC) is the next major catalyst for this read
17:03 UTC
Downtrend, accelerating · RSI 30 · price 58.72
Lower highs and lower lows, fresh week lows.
Silver has been sold relentlessly since Monday's open, the hawkish-Fed repricing and a 13-month-high USD driving a >5% rout that broke the prior six-month low at 60.74 and the 60.00 psych level into the NY session. Price now prints fresh lows near 58.72 with RSI(14) pinned in oversold territory, holding well below EMA20 and EMA50. The 58.02 swing low is the immediate floor with 57.00 the next psych marker beneath it.
Support: 58.02, 57.00
Resistance: 60.00, 60.74
What it said to watch
Core PCE Thu 12:30 UTC could materially shift this read
A clean break of 58.02 opens the path toward 57.00
Reclaim of 60.00 would ease the oversold downside pressure
17:03 UTC
Downtrend, accelerating · RSI 31 · price 58.72
Lower highs and lower lows, fresh range break.
Silver has been sold relentlessly all week, sliding from above 67 toward 58 as a hawkish-Fed repricing and a 13-month-high USD unwound the metal. The 60.74 six-month low gave way during the NY session, with price now basing just above the 58.02 swing low after a sharp leg lower. RSI(14) sits near 31 and price is far below EMA20/EMA50 — momentum firmly with sellers.
Support: 58.02
Resistance: 60.00, 60.74
What it said to watch
Hourly close below 58.02 confirms continuation of the lower-low sequence
Recovery back above the 60.00 psych level would ease the breakdown read
Core PCE Thu 12:30 UTC could materially shift this read — a hot print pressures the lows, a soft miss risks a short squeeze toward 60.74
16:02 UTC
Downtrend, momentum heavy · RSI 33 · price 58.72
Lower highs and lower lows, fresh weekly low.
Silver has bled steadily all week, shedding roughly 14% from Monday's ~68.5 high as the hawkish-Fed/strong-USD theme and a tech-led risk-off bid weighed on the metal. The $60.00 psych floor gave way in the NY session, printing a 58.02 swing low before a shallow bounce stalled near the 59.59 bounce high. RSI(14) near 33 is oversold while price holds well below both EMAs, leaving the structure firmly directional.
Support: 58.02
Resistance: 59.59, 60.00
What it said to watch
Thursday 12:30 UTC Core PCE/GDP block could materially shift this read
H1 close below 58.02 swing low confirms continuation lower
Reclaim of 60.00 psych needed to challenge the downtrend
Silver remains in a one-way slide, accelerating through the $60.00 psych level during Tuesday's hawkish-Fed/strong-USD rout and tagging a fresh 58.12 low before a shallow bounce stalled near 59.51. Price sits well below EMA20 (~61.50) with RSI(14) pinned in oversold territory, reflecting the unwinding debasement trade flagged in the context. The $60.00 reclaim attempt has so far failed to hold.
Support: 58.12
Resistance: 59.51, 60.00, 61.50
What it said to watch
Loss of 58.12 swing low extends the down-leg below the round number
Reclaim of 60.00 psych would ease the oversold downtrend read
Core PCE Thu 12:30 UTC could materially shift this read
15:02 UTC
Downtrend, extended into oversold · RSI 32 · price 58.894
Lower highs and lower lows, fresh six-month low.
Silver accelerated lower through the NY session, printing a fresh low at 58.12 before an oversold bounce stalled near 59.51 — the slide capped by hawkish-Fed, firm-USD flows after this week's strong US PMIs. Price sits well below EMA(20) and EMA(50) within a clean descending channel, with every rally this week sold under the falling resistance line. RSI(14) is hovering in oversold territory, consistent with the corrective bounce off the lows.
Support: 58.12, 58.00, 60.74
Resistance: 59.51
What it said to watch
Core PCE Thu Jun 25 12:30 UTC could materially shift this read
Hourly close back above 60.74 would challenge the lower-high structure
Failure to hold 58.12 confirms continuation of the down-leg toward 58.00
15:02 UTC
Downtrend, accelerating · RSI 28 · price 58.894
Lower highs, lower lows in descending channel.
Silver remains in a steep H1 downtrend, with Tuesday's break of $63 accelerating into a fresh leg that printed $58.12 in the NY session as the hawkish-Fed/firm-USD backdrop crushed non-yielding metals. RSI(14) near 28 flags oversold and the last bar bounced off the low toward $59.50, but price sits well below EMA20/EMA50 and every rally this week has been sold under the falling averages. The descending channel from $66+ is fully intact.
Support: 58.12, 60.00
Resistance: 59.51, 60.60
What it said to watch
H1 close back above $60.60 prior low would soften the downside acceleration
Loss of $58.12 session low extends the slide toward the $60.00-area psych zone breakdown
Core PCE Thu 12:30 UTC could materially shift this read — hot print pressures lows, soft print fuels the oversold bounce
14:02 UTC
Downtrend, accelerating · RSI 33 · price 59.38
Lower highs, lower lows; fresh break below 60.
Silver has trended lower all week, sliding from the post-reopen 67.13 high toward 58.02 as hawkish-Fed repricing lifted the USD to one-year highs and crushed non-yielding metals. The descending channel held every rally back to the 65–66 EMAs, and the latest leg snapped the 60.00 psychological line; the last bar bounced off 58.02 with RSI(14) near 33, a stretched oversold read. The break below 60 leaves the 58.02 swing low as the immediate floor.
Support: 58.02, 60.00
What it said to watch
Loss of 58.02 swing low opens deeper losses toward 54.39
Reclaim of 60.00 psych needed to ease the breakdown
Core PCE Thu 12:30 UTC could materially shift this read
Lower highs and lower lows within a descending channel.
Silver has trended relentlessly lower all week on broad USD strength to a 13-month high and hawkish Fed repricing, sliding from the mid-66s into a fresh six-month low at 58.02 during the Asia session. The $60.00 psych level gave way cleanly and now caps the bounce back to 59.50; RSI(14) sits oversold near 30 as price stays well below the H1 EMA(20). The descending channel remains intact with each rally finding lower-high supply.
Support: 58.02, 54.39
Resistance: 60.00
What it said to watch
Core PCE Thu 12:30 UTC could materially shift this read
Reclaim of 60.00 psych would challenge the breakdown read
Failure to hold 58.02 swing low opens the path toward 54.39
13:03 UTC
Downtrend, accelerating · RSI 26 · price 58.119
Lower highs and lower lows, fresh week lows.
Silver has bled lower all week beneath EMA20 and EMA50, with each bounce capped by descending lower-highs as broad USD strength at 13-month highs and the hawkish Fed read weigh on metals. The NY session drove the latest leg, slicing through the 60.00 psych level to print a fresh session low at 58.02 with RSI(14) pinned in oversold territory. Momentum remains firmly down, though the stretched RSI raises the risk of a relief bounce into overhead resistance.
Support: 58.02
Resistance: 60.00
What it said to watch
Reclaim of 60.00 psych needed to ease downside pressure
Sustained trade below 58.02 session low extends the decline
Core PCE Thu 12:30 UTC could materially shift this read
13:03 UTC
Downtrend, accelerating · RSI 22 · price 58.119
Lower highs, lower lows; fresh breakdown.
Silver has been in a relentless slide since Monday's open, with the descending channel intact and the move accelerating through the NY session as broad USD strength near a 13-month high crushed metals. The $60.00 psychological level gave way and price printed a fresh session low at 58.02, leaving RSI(14) deeply oversold and price well below both EMA(20) and EMA(50). No reaction yet from the sellers — each pullback this week has stalled and resumed lower.
Support: 58.02
Resistance: 60.00
What it said to watch
Reclaim of the $60.00 psych level would challenge the breakdown
Sustained trade below 58.02 session low extends the downtrend
Core PCE Thu 12:30 UTC could materially shift this read
Silver has been in freefall all week, sliding from ~$66 Monday to a fresh six-month low at $59.37, driven by a 13-month-high USD and hawkish Fed repricing after strong US PMIs. Price has broken and closed below the $60 psychological pivot and the $61.06 YTD support, both of which now cap as resistance; RSI sits deeply oversold and stretched well below EMA20/EMA50. The $60.74 six-month low and round $60 mark the immediate overhead band.
Support: 59.374, 54.39
Resistance: 60.00, 60.74, 61.06
What it said to watch
Sustained acceptance below 59.37 keeps the path open toward the 54.39 zone
Reclaim of $60.00 would be the first sign the rout is stalling
Core PCE Thu 25 Jun 12:30 UTC is the key catalyst — a hot print could extend the break, a soft miss risks a relief squeeze toward $61
Silver has been in freefall all week, sliding from the $66-67 zone Monday to fresh six-month lows sub-$59.40 as hawkish Fed repricing lifts the dollar to one-year highs. Price sliced through the $61.06 prior support and the $60.00 psychological pivot, with both EMAs capping every intraday bounce and RSI(14) pinned in oversold territory. The break below $60 turns that level into immediate overhead resistance.
Support: 59.374, 54.39
Resistance: 60.00, 61.06
What it said to watch
Sustained acceptance below 60.00 exposes the 54.39 zone
Reclaim of 60.00 keeps the range-bound structure alive
Core PCE Thu 25 Jun 12:30 UTC is the key catalyst for the next leg
11:02 UTC
Downtrend, extended · RSI 34 · price 60.596
Lower highs, lower lows below EMAs.
Silver has bled lower all week, sliding from ~$66 Monday to fresh six-month lows after the $61.06 YTD support and $60.74 low gave way during the European session. Price sits below EMA20 and EMA50 with RSI(14) pinned in the low-30s; the $60 psychological pivot is the immediate reference. The slide is driven by hawkish-Fed repricing lifting the USD to 13-month highs and pressuring non-yielding metals.
Support: 60.00, 54.39
Resistance: 60.74
What it said to watch
Sustained H1 close below 60.00 exposes the 54.39 zone
Reclaim of 60.74/61.06 would revive the prior range structure
Core PCE Thu 12:30 UTC is the key catalyst for the next leg
Successive lower highs and lower lows, fresh six-month low.
Silver has trended relentlessly lower all week, sliding from the $66 area Monday through the $61.06 YTD support and into a fresh six-month low at $60.53, with price pinned below EMA20 and EMA50 the entire run. The slide tracks the hawkish-Fed repricing and a DXY at one-year highs; RSI(14) sits in the low-30s, deeply bearish but not yet at a clean exhaustion divergence. The $61.06 former support now caps as resistance while $60.00 is the immediate downside pivot.
Support: 60.00, 60.53, 54.39
Resistance: 61.06
What it said to watch
Sustained H1 close below 60.00 psych exposes the 54.39 zone
Reclaim of 61.06 ytd support would ease the lower-high sequence
Core PCE Thu 12:30 UTC is the key catalyst and could materially shift this read
10:02 UTC
Downtrend, basing attempt · RSI 42 · price 61.029
Lower highs and lows, consolidating sub-62 after break of 61.
Silver remains in freefall on the H1, sliding from ~67 early in the week to a fresh six-month low at 60.80 as hawkish Fed repricing lifted the USD to 13-month highs. Price broke the $61 support and $60 psychological line before stabilising into a tight 60.80–62.37 band, but it sits firmly below EMA20 and EMA50 with RSI cycling in bearish territory. The recent chop reads as consolidation within the larger decline rather than a base.
Support: 60.80, 60.00, 54.39
Resistance: 62.37
What it said to watch
Core PCE Thu 12:30 UTC is the key catalyst and could materially shift this read
Sustained break below 60.00 psych exposes the 54.39 support
Reclaim of 62.37 prior high needed to ease downside pressure
Silver collapsed from ~$66 on Monday's open to sub-$61 through the week as hawkish Fed repricing and a 13-month-high USD crushed the metal; the slide cleared the $61.06 support and tagged a six-month low at $60.74 in Asian hours. Price has since stalled in a tight $60.7–$62.5 consolidation below EMA20 and EMA50, with RSI(14) lifting off its lows but still sub-40. The descending lower-high structure remains intact while $62.37 caps.
Support: 60.74, 60.00
Resistance: 62.37
What it said to watch
H1 close below 60.74 confirms a fresh lower-low and exposes the 60.00 psych pivot
Reclaiming 62.37 would break the week's descending lower-high chain
Core PCE Thu 12:30 UTC is the key catalyst and could materially shift this read
Sequence of lower highs/lows, consolidating above YTD floor.
Silver has been in a clean downtrend since Monday's open, sliding from ~69.7 toward the 61.00 YTD low as the USD pushed to 13-month highs on hawkish-Fed repricing. Price has consolidated in a 61–62.4 band through the last NY session, holding just above the ytd low floor while capped below EMA20 (~61.55). RSI(14) is oversold and momentum has flattened, but lower highs remain intact.
Support: 61.00, 60.72, 60.00
Resistance: 61.55, 62.37
What it said to watch
H1 close below 61.00 ytd low opens 60.72 swing low then 60.00 psych
Reclaim of EMA20 and 62.37 prior high needed to ease downside pressure
Core PCE Thu 12:30 UTC is the week's main catalyst and could materially shift this read
Silver has bled lower all week, sliding from 69.7 toward the 61 handle after the hawkish-FOMC USD bid drove the dollar to one-year highs. Price is pinned just above the 61.00/61.01 YTD low with RSI cycling in oversold territory and every bounce capped beneath EMA20; the 62.37 swing high has rejected attempts twice in the NY-Asia window. Structure remains a clean staircase of lower highs and lower lows.
Support: 61.00, 60.72, 60.00
Resistance: 62.37
What it said to watch
H1 close below 60.72 swing low confirms continuation toward 60.00
Reclaim of 62.37 swing high would challenge the lower-high sequence
Core PCE Thu 12:30 UTC is the week's main catalyst and could reset this read
08:02 UTC
Downtrend, oversold and basing · RSI 39 · price 61.573
Series of lower highs and lower lows, holding the 61 handle.
Silver has bled from near 69.84 at the start of the week down to the 61 handle, the leg accelerating after last week's hawkish FOMC and USD pushing to one-year highs. Price sits below both the H1 EMA(20) ~61.85 and EMA(50), with RSI(14) hovering near 38 and a recent bounce to 62.37 fading back into the 61.50 zone. The 61.00/60.72 YTD low band has absorbed multiple probes this week and remains the pivot.
Support: 61.00, 60.72, 60.00
Resistance: 61.85, 62.37
What it said to watch
H1 close below 60.72 confirms a lower-low and opens 60.00
Reclaim of EMA(20) ~61.85 and 62.37 swing high would ease the downside pressure
Core PCE Thu 12:30 UTC is the week's main catalyst — could materially shift this read
08:02 UTC
Downtrend, attempting to base · RSI 42 · price 61.573
Lower highs and lower lows, stalling above YTD lows.
Silver has been in a clean downtrend all week from the 69.84 open, knifing through 66, 64 and into the 61.00 YTD-low band as the post-FOMC USD bid pushed DXY to one-year highs. Price has since coiled in a 61.00–62.50 range, holding above the YTD low with RSI recovering off oversold but no reclaim of the 9-day EMA cap near 66.31. Both EMAs sit well overhead, keeping the structure firmly down.
Support: 61.00, 60.00
Resistance: 63.18, 66.31
What it said to watch
H1 close below 61.00 ytd low opens 60.00 then deeper
Reclaim of 63.18 prior swing needed to challenge the 66.31 cap
Core PCE Thu 12:30 UTC is the week's main catalyst for this read
Silver remains in a clear H1 downtrend after Tuesday's >4% slide, with price pinned just above the 61.00 YTD low as the USD holds near one-year highs. Sequence of lower highs is intact and price sits below EMA20 and EMA50, though the bounce off 60.72 and oversold RSI point to a relief attempt into the 62.37 session high. The descending lower-high structure caps any recovery while the 61.00/60.72 band absorbs selling.
Support: 61.00, 60.72, 60.00
Resistance: 62.37, 63.18
What it said to watch
H1 close below 61.00 confirms a lower low and opens 60.00
Reclaim of 63.18 swing high needed to break the lower-high sequence
Core PCE Thu 12:30 UTC is the week's main catalyst and could shift this read
Silver remains in a clear H1 downtrend that accelerated Tuesday's near-4% slide as the USD pushed to one-year highs on hawkish-Fed repricing. Price carved a base around 60.72/61.00 and has since squeezed back to 62.37, where the descending sequence of lower highs has been capping. Both EMA20 and EMA50 sit overhead and pullbacks keep stalling beneath them.
Support: 61.00, 60.72, 60.00
Resistance: 62.37, 63.18
What it said to watch
Hourly close below 61.00 confirms a lower-low and opens 60.00
Reclaim of 63.18 / EMA20 would challenge the lower-high structure
Core PCE Thu 12:30 UTC is the week's main catalyst and could reset this read
Silver has trended lower all week after Tuesday's hawkish-Fed driven slide, with a fresh leg down through the NY session pushing price under $62 toward the $61 YTD floor. Price sits below both EMA20 and EMA50 with RSI(14) in the low 40s and oversold, while the last several H1 bars have flattened into a $61.00–62.00 consolidation just above the YTD lows. The descending lower-highs structure from the $66.86 swing remains intact.
Support: 61.01, 60.72
Resistance: 62.53
What it said to watch
Core PCE Thu 12:30 GMT could materially shift this read
A break below 61.01/60.72 opens the 60.00 psych level
H1 close above 62.53 breaks the lower-highs sequence
Successive lower highs and lower lows grinding toward YTD low.
Silver has trended steadily lower all week, accelerating through the $66 area and now pressing the $61.01 YTD low after a hawkish-Fed-driven USD push to one-year highs and Tuesday's ~4.5% slide. Price sits well below both EMA(20) and EMA(50) with RSI(14) holding near oversold; bounces into the NY session have been sold under 62.53. The 60.72 session low marks the immediate floor ahead of the round $60.00.
Lower highs and lower lows, grinding to YTD floor.
Silver remains in a clean H1 downtrend, sliding from the $66.8 area on Monday to press the YTD floor near $61 after a hawkish-Fed-driven USD bid and a sharp ~4.5% drop Tuesday. Price sits well below EMA(20) and EMA(50) with RSI(14) hovering near oversold around 38; the last several NY-into-Asia bars have stalled in a tight $60.7–61.9 band just above the $61.01 YTD low. Each bounce this week has been capped by descending lower highs, keeping the path heavy.
Support: 61.01, 60.72, 60.00
Resistance: 61.97
What it said to watch
Hourly close below 61.01/60.72 confirms a fresh lower-low and exposes the 60.00 psych level
Reclaim of 61.97 would break the week's lower-high sequence
Core PCE Thu 12:30 GMT could materially shift this read
Silver was hammered through Tuesday's NY session as a hawkish Fed drove USD to one-year highs, dragging XAG from the 66 area down to the low-61s and printing a fresh swing low at 60.72. Price has since stalled into a tight grind between 61.00 and 62.00, holding below EMA20 with RSI(14) near 38 — stretched but no reversal trigger on the chart. The 61.97 lower-high has capped each bounce, keeping the sequence of lower highs intact.
Support: 60.72, 61.01, 60.00
Resistance: 61.97
What it said to watch
H1 close below 60.72 confirms a lower-low and exposes the 60.00 psych level
Reclaim above 61.97 needed to break the lower-high structure
Core PCE Thu 12:30 GMT could materially shift this read
Silver has bled lower all week after the hawkish FOMC lifted the dollar to one-year highs, breaking the $66 area and now grinding just above the $61.01 YTD low. Price trades below both EMA(20) and EMA(50) with RSI(14) parked near 40, and the last sessions have coiled into a tight 61–62 consolidation. Demand has stepped in twice around 60.72 but each bounce has been capped by descending lower highs.
Support: 61.01, 60.72, 60.00
Resistance: 62.53
What it said to watch
H1 close below 61.01 confirms a fresh YTD low and opens the 60.00 psych level
Reclaim of 62.53 would break the week's lower-high sequence
Core PCE Thu 12:30 GMT could materially shift this read
04:02 UTC
Downtrend, oversold near floor · RSI 35 · price 61.348
Lower highs, lower lows into YTD low.
Silver has bled lower all week after the hawkish FOMC, with a sharp 4%+ leg down through Tuesday's session driving price under $62 and now grinding toward the $61.01 YTD low. RSI(14) sits near 34 with price pinned beneath EMA20 and EMA50; each bounce into the 62.50 area has been sold. Demand stepping in around $60.72–61.01 is the only thing holding back a clean break.
Support: 61.01, 60.72, 60.00
Resistance: 62.53
What it said to watch
H1 close below 61.01 confirms a lower-low and opens the 60.00 psych level
Core PCE Thu 12:30 GMT could materially shift this read
Reclaim of 62.53 needed to stall the lower-high sequence
Silver extended its slide through the NY session, dropping from the 66.8 swing high to a 60.72 week low as the hawkish-Fed dollar bid pressed metals lower. Price is pinned below EMA20 (~62.05) with RSI(14) holding in the mid-30s, oversold but no reversal trigger on the chart. The 61.01/60.72 YTD-floor zone is the line in the sand — repeated probes have so far held just above it.
Support: 61.01, 60.72, 60.00
Resistance: 62.05, 62.53
What it said to watch
H1 close below 60.72 confirms a lower-low and exposes 60.00 psych
Reclaim of 62.53 swing high would break the lower-high sequence
Core PCE Thu 12:30 GMT — hot print could force a clean break of the YTD floor
03:02 UTC
Downtrend, oversold · RSI 39 · price 61.237
Lower highs, lower lows into YTD-low support.
Silver remains in a firm H1 downtrend after Tuesday's ~4% slide on a hawkish-Fed-driven USD push to one-year highs. Price is pinned below EMA20 and EMA50 and grinding into the $61.01 YTD-low support, with RSI(14) hovering near 38 — stretched but no reversal trigger yet. Two attempts to recover stalled near $62.53, keeping the descending sequence of lower highs intact.
Support: 61.01, 60.00
Resistance: 62.53
What it said to watch
H1 close below 61.01 opens the path toward the 60.00 psych level
Reclaim of 62.53 would break the recent lower-high sequence
Core PCE Thu 12:30 GMT could materially shift this read
Silver was crushed off Monday's ~71 high through Tuesday's NY session as the hawkish Fed drove the dollar to one-year highs, losing more than 9% across the window. Price is now grinding along the $61 YTD support, consolidating between 61.00 and the 62.53 session high while holding well below EMA20 and EMA50. RSI(14) sits near 39 with the steep impulse stalling but no reclaim of overhead structure yet.
Support: 61.00, 60.00
Resistance: 62.53
What it said to watch
Clean H1 close below 61.00 ytd support exposes the 60.00 psych level
Reclaim of 62.53 session high would ease the immediate downside pressure
Core PCE Thu 12:30 UTC is the week's key metals catalyst and can shift this read
Silver remained in a clear H1 downtrend, grinding from ~67 down toward the $61 area after the Fed's hawkish projections drove the dollar to one-year highs and hammered non-yielding metals. Price has held below EMA20 and EMA50 throughout the back half of the window, with the latest bars basing between 60.72 and 62.0 as the slide loses pace. RSI(14) sits in the mid-30s, reflecting stretched downside without a confirmed bullish divergence yet.
Support: 61.00, 60.72, 60.00
Resistance: 62.53
What it said to watch
H1 close below 61.00 exposes the 60.00 psych level
Recovery above 62.53 swing high would break the lower-high sequence
Core PCE Thu 12:30 UTC is the week's key metals catalyst and could materially shift this read
01:03 UTC
Downtrend, basing near lows · RSI 38 · price 61.32
Silver remains in a clear H1 downtrend, having shed more than 4% Tuesday into the NY session as a hawkish Fed and one-year USD highs pressured metals. Price now bases in the low-61s after tagging 60.80, holding below EMA(20) and EMA(50) with each rally capped along descending lower highs. RSI(14) sits near 38, depressed but not stretched, as buyers defend the 61.00 YTD support shelf.
Support: 61.00, 60.80, 60.00
Resistance: 62.69
What it said to watch
H1 close below 61.00 opens the path to the 60.00 psych level
Reclaim of 62.69 would break the lower-high sequence
Core PCE Thu 12:30 UTC is the week's key metals catalyst and could reset this read
01:03 UTC
Downtrend, momentum slowing near support · RSI 38 · price 61.32
Lower highs and lower lows, basing above 61.00.
Silver has bled lower all week, fading Monday's bounce toward 66 and losing ground through the NY session on a hawkish-Fed, firm-USD backdrop. Price is now basing just above the 61.00 YTD support with RSI(14) cycling in the mid-30s; each rebound has been capped near 62.53. The broader structure stays a clean sequence of lower highs below EMA20 and EMA50.
Support: 61.00, 60.00
Resistance: 62.53
What it said to watch
H1 close below 61.00 exposes the 60.00 psych level
Reclaim of 62.53 swing high needed to ease downside pressure
Core PCE Thu 12:30 UTC is the key catalyst for this read
00:02 UTC
Downtrend, oversold near lows · RSI 37 · price 61.637
Lower highs, basing at YTD lows.
Silver has trended lower all week, sliding from the 67 area into the low-61s on the hawkish-Fed/higher-yields theme that crushed metals Tuesday. Price sits below EMA20 and EMA50 with RSI(14) pinned in oversold territory; the last few hours show shallow basing just above the 61.01 YTD-low cluster rather than any reversal signal. Bounces have been sold back into the descending lower-highs structure.
Support: 61.01, 60.00
Resistance: 62.53
What it said to watch
Clean H1 close below 61.01 exposes 60.00 then deeper
Reclaim of 62.53 would break the lower-highs sequence
Core PCE Thu 12:30 UTC is the key catalyst for this read
Silver extended its hawkish-Fed-driven slide all week, breaking below $63 into NY hours yesterday and pressing the YTD low cluster near $61.01. Price sits well below EMA20 and EMA50 with RSI(14) basing in the high-30s as the latest leg made a fresh low against a flat RSI — a tentative bullish divergence — but no reversal structure yet. Demand stepping in around 60.80 produced the latest bounce off the session low.
Support: 61.01, 60.80, 60.00
Resistance: 62.53
What it said to watch
H1 close below 61.01 exposes the 60.00 round number
Reclaiming 62.53 would relieve the immediate downside pressure
Core PCE (Thu 12:30 UTC) is the key catalyst and could materially shift this read