Silver has been carving a broad $55-$61 range on H4 since the early-month slide from 63.25, with lower highs intact (63.25 then 60.94) while buyers stepped in twice near 55. Price recovered off the 57.05 pullback low and now sits back around the ~58.86 pivot. ATR near 850 pips reflects an expanded, whippy regime tied to competing Mideast safe-haven bid and oil-driven rate-hike fears.
Support: 57.05, 55.00, 54.76
Resistance: 60.00, 60.94, 63.25
What it said to watch
H4 close above 60.00 and the 60.94 rejection area would break the lower-high sequence
Loss of 57.05 reopens 55.00 and the 54.76 swing low
FOMC Jul 29 18:00 UTC is the dominant catalyst and could materially shift this read
17:04 UTC
Range-bound, recovering off lows · RSI 54 · price 58.814
Higher lows within $55-61 range, capped by lower highs.
Silver is recovering within a broad $55-$61 range: buyers stepped in near the 54.77 range low and price has reclaimed the ~58.80 pivot. The bounce off the low set a lower high at 60.90, keeping the descending-highs structure from the early-window 63.25 peak intact. ATR near 875 pips shows the pair still swinging hard as safe-haven demand competes with hawkish-Fed repricing.
Support: 57.046, 55.00, 54.77
Resistance: 60.00, 60.90
What it said to watch
H4 close above 60.00 psych then 60.90 swing high would break the lower-high sequence
Loss of 57.05 swing low exposes 55.00 psych and the 54.77 range low
FOMC Jul 29 18:00 UTC is the dominant catalyst and could reset this read
13:04 UTC
Range-bound, two-way · RSI 48 · price 58.425
Lower highs vs higher lows, compressing.
Silver remains locked in a two-way range after the spike to 60.94 was rejected at the 60-61 cap and reversed hard as oil-led inflation revived Fed-hike bets. Price carved a higher low near 57.05 and is now recovering, sitting just below the EMA20 with the EMA20 still above the EMA50. Structure shows lower highs against higher lows — a compression between 57.05 support and the 60.00 pivot.
Support: 57.05, 55.00, 54.77
Resistance: 60.00, 60.90
What it said to watch
H4 close above 60.00 opens the path back to the 60.90 swing high
Failure to hold 57.05 exposes the 55.00 range low and 54.77 prior low
S&P Global PMIs ~13:45 UTC could materially shift this read
Silver rallied ~11% off the 54.77 base to a 60.90 weekly high before being rejected at the 60-61 supply band and reversing to retest 57. Price is now recovering back toward 58.4, sitting just below the EMA20 with a series of higher lows intact since early week. The two-way tone reflects the tug-of-war between Mideast safe-haven demand and oil-led hawkish-Fed repricing.
Support: 57.05, 55.51, 54.77
Resistance: 59.98, 60.90
What it said to watch
S&P Global US PMIs at 13:45 UTC could materially shift this read
H4 close above 59.98 reopens the 60.90 weekly high
Failure to hold 57.05 exposes the 55.51/54.77 range low
Loss of 54.77 confirms a lower-low and opens deeper downside
Lower-high below 60.94 rejection; recovery off yearly low stalling.
Lower-high structure holds after the rally to 60.94 was rejected and faded; price has slipped back to 58.15, capped by the 20-day SMA near 58.85 following the sharp Thursday reversal on USD strength. The bounce off the 54.77 yearly low has lost momentum with RSI back below 50 and ATR still elevated. Rejection at the 60.00 psych cap keeps the multi-week bias to the downside intact.
Support: 54.77
Resistance: 58.85, 60.00
What it said to watch
H4 close above 60.00 negates the lower-high structure
Break of 54.77 yearly low opens the path toward 50.00
S&P Global PMIs at 13:45 UTC could materially shift this read
09:05 UTC
Downtrend, lower highs · RSI 46 · price 58.149
Rejected at weekly high, rolling over.
Lower-high structure holds since the 62.9 peak; the bounce off the 54.77 yearly low stalled at the 60.94 weekly high and reversed sharply (-3.8% Thursday) on USD strength and firmer US yields. Price sits back below EMA20 (~58.80) after fading the move, trading near the 50% retrace of the 54.77-60.94 leg. Momentum has rolled over with RSI back below 50.
Support: 54.77
Resistance: 58.80, 60.00, 60.94
What it said to watch
H4 close above 60.00-60.94 negates the lower-high structure
Break of 54.77 yearly low exposes 50.00
S&P Global PMIs today 13:45 UTC could materially shift this read
Silver rebounded ~11% off the 54.75 December lows to stall at the 60.90 swing high, then rolled over into a pullback, printing lower highs and slipping to the 61.8% retracement near 57.05. Price now trades below both EMA20 (~58.70) and EMA50, with the 58.70 zone capping the last bounce. The rally was safe-haven driven; stalling against firmer US yields has cooled momentum into a two-way regime.
Support: 57.05, 55.00
Resistance: 58.70, 60.90
What it said to watch
H4 close below 57.05 swing low opens the 55.00 major floor
Reclaim of 58.70 ema20 would ease the pullback read
US S&P Global PMIs 13:45 UTC could shift this read
05:05 UTC
Rebound stalling, rolling over · RSI 43 · price 57.219
Two-way; lower highs off the 63 peak, rebound off 55 base fading.
Silver rebounded ~6 dollars off the 54.76 major floor to a swing high at 60.9 but has since rolled over, shedding roughly 370 pips in three sessions to retest the 57.05 swing low as the safe-haven bid that drove the move fades. The advance capped repeatedly near the 60.0 psych level and the 20d sma is now overhead resistance near 58.86, keeping the H4 in a two-way regime between 55 and 61. Price sits below EMA20 and EMA50 with RSI mid-range.
Support: 57.05, 55.51, 54.76
Resistance: 58.86, 60.00, 60.90
What it said to watch
H4 close below 57.05 swing low opens the 55.51 range low and 54.76 major floor
Reclaim of the 58.86 20d sma and 60.0 psych level would reassert the rebound
S&P Global PMIs 13:45 UTC could materially shift this read via yields
01:05 UTC
Recovery stalling, rolling over below $60 · RSI 43 · price 57.558
Broad range 55-61, near-term lower highs off 60.91.
Silver rebounded off the 54.76 December-low region to 60.91 but stalled beneath the $60 psych cap and has since rolled over to 57.55, back below EMA20 and EMA50. The digest frames this as a genuine two-way regime — safe-haven Iran bid versus rising yields and Fed-hike fears — leaving price mid-range between 55 and 61. ATR remains elevated near 820 pips, so swings stay wide.
Support: 57.05, 54.76
Resistance: 58.73, 60.91
What it said to watch
H4 close back above 58.73 breakdown reopens the $60 psych cap
Loss of 57.05 swing low targets the 55.00-54.76 major floor
S&P Global flash PMIs Fri 13:45 UTC could materially shift this read via yields
01:05 UTC
Range, rolling over from highs · RSI 43 · price 57.558
Rejected at 60.9 lower high, back inside 55-61 range.
Silver's 7.5% safe-haven rebound off the 55.00 major floor stalled at the 60.90 range high and has since rolled over, with price back below the ema20 near 58.70 after a sharp drop through the high-58s. The metal is caught in a two-way 55-61 regime — surging US yields and Fed-hike bets capping upside while Middle East risk underpins dips. The recent leg has cut a lower high, leaving 57.05 as the immediate swing low in focus.
Support: 57.05, 56.40, 55.00
Resistance: 58.70, 60.00, 60.90
What it said to watch
H4 close below 57.05 swing low opens 56.40 then the 55.00 major floor
reclaim of the ema20 near 58.70 needed to negate the rollover and re-target 60.00 psych
S&P Global flash PMIs 13:45 UTC today could materially shift this read via yields