XAG/USD AI Live Scan, 1-hour chart, Friday, 24 July 2026
Every read JAFX AI made on the XAG/USD 1-hour chart that day, newest first: trend, structure, the levels it marked and what it said to watch.
20:03 UTC
Recovering off week low, lower-highs cap · RSI 51 · price 58.17
Consolidation below 58.90 after reversal from 61.
Silver rallied ~7.5% off Monday's ~56.8 open to test 61.00 on Middle East safe-haven flows, then reversed hard through the NY session Thursday as firmer US yields pressured non-yielders. Price has since recovered off the 57.05 low back above EMA(20) but stalled at 58.90, keeping the lower-high structure intact below 61. RSI(14) is cycling around 50 as the tape consolidates in the high-57s/58s.
Support: 57.50, 57.05
Resistance: 58.90, 60.94, 61.00
What it said to watch
H1 close above 58.90 would extend the recovery toward 60.94
Failure to hold 57.50 reopens the 57.05 week low
FOMC Wed 29 Jul is the week's key catalyst and could break the lower-high structure
Silver rejected hard below the 60.94 weekly high on Thursday and unwound into the 57.05 low before Friday's USD-easing relief bounce lifted it back toward 58.97. Price has since faded through the NY session and sits at 58.17, back below the H1 EMA20 with RSI mid-40s; the lower-high structure caps while 57.66 has held as near-term support. Two-way risk dominates into next week's FOMC.
Support: 57.66, 57.05
Resistance: 58.97, 60.94
What it said to watch
H1 close above 58.97 challenges the lower-high structure
Loss of 57.66 exposes the 57.05 week low
FOMC Wed 29 Jul is the week's key catalyst and can reset this range
Range-bound below 61, lower highs from midweek peak.
Silver spiked to a 60.907 week high midweek on Middle East safe-haven flows, then reversed hard Thursday as surging oil lifted US yields, dumping back to 57.05. Friday's USD-easing relief recovered price to the 58.9 area before this pullback to 58.26, leaving a clear lower-high structure below 61. Price sits back on EMA(20) with RSI(14) cycling mid-range after the bounce.
Support: 58.18, 57.55, 57.05
Resistance: 58.97, 59.90, 60.90
What it said to watch
H1 close above 58.97 recent high opens the path back to 59.90
Failure to hold 57.55 swing low exposes the 57.05 week low
FOMC Wed 29 Jul 18:00 UTC is the week's key catalyst and could break this range read
Lower highs since $61 rejection, higher lows off week low.
Silver reversed hard off the $60.91 week high on Thursday, then staged a USD-easing relief bounce Friday that stalled at the 58.97 swing high. Price is now hovering just above the H1 EMA20 (~58.0) with RSI mid-range, holding a series of higher lows off the 57.05 week low while lower highs cap the upside. Structure reads as a $57–59 range knot below the rejected ceiling.
Support: 58.00, 57.83, 57.05
Resistance: 58.97, 59.44, 60.91
What it said to watch
H1 close above 58.97 swing high opens the path back toward 59.44 and the 60.91 week high
Loss of 57.83 swing low exposes the 57.05 week low
FOMC Wed 29 Jul 18:00 UTC is the week's key catalyst and could break this range read
Silver has clawed back off Thursday's flush low near 57.05, stringing together higher lows into the NY session and reclaiming the EMA(20). The 58.97 day high rejected the latest push, leaving price pinned in the mid-58s after a corrective, not impulsive, recovery. Broader structure stays a series of lower highs below the 60.94 weekly peak.
Support: 57.65, 57.05
Resistance: 58.97, 60.00
What it said to watch
Hourly close above 58.97 day high opens the path back to the 60.00 psych level
Loss of 57.65 swing low reasserts the down-leg toward the 57.05 thu low
FOMC Jul 29 (18:00 UTC) is the dominant catalyst and can override this read
18:03 UTC
Recovering off the flush, lower-high intact · RSI 56 · price 58.541
Higher lows since Thursday's low, capped below the swing high.
Silver has clawed back most of Thursday's 4.3% flush that bottomed at 57.05, basing through the Asian range near 57.6 before breaking higher into the NY session to tag 58.97. The recovery holds above EMA(20) with RSI(14) back above 50, but price stalled under the swing high and remains below EMA(50), keeping the week's lower-high structure intact. The bounce off the sub-$58 base has been driven by a two-way tug between Mideast safe-haven bid and firm USD/yields.
Support: 57.60, 57.05
Resistance: 58.97, 60.00
What it said to watch
H1 close above 58.97 swing high opens the 60.00 psych level
Failure to hold 57.05 wk low confirms a lower-low
FOMC Jul 29 is the dominant catalyst and could materially shift this read
Lower highs since Thu reversal, higher lows on the recovery.
Silver spiked to 60.91 midweek on Mideast safe-haven flows then flushed ~4% Thursday as firm US data and rising yields revived Fed-hike bets. Price has since retraced into the low-58s, carving higher lows off the 57.05 week low while lower highs from 60.91 keep the corrective read intact. RSI(14) has recovered to the mid-50s and price sits back above EMA20 but below EMA50, marking this as a bounce within the pullback.
Support: 57.05
Resistance: 58.97, 60.00, 60.91
What it said to watch
FOMC Jul 29 18:00 UTC is the dominant catalyst and could materially shift this read
H1 close above 58.97 then 60.00 would extend the recovery
Failure to hold 57.05 week low confirms lower-low continuation
Double bottom off week low, recovering into range.
Silver rejected the 60.94 week high and flushed ~4% Thursday into the 57.05 week low, where a double bottom near 57.05 formed and buyers stepped in. Price has since reclaimed EMA20 and pushed back to the 58.97 day high, but the recovery has been corrective and capped below the 60.00 psych ceiling. Momentum aligns with the digest read: safe-haven dips bought while oil-driven yield pressure limits rallies.
Support: 58.15, 57.05
Resistance: 58.97, 60.00, 60.94
What it said to watch
FOMC Jul 29 is the dominant catalyst and could reset this read
H1 close below 58.15 swing low reopens the 57.05 week low
Reclaim of 58.97 day high needed to challenge the 60.00 psych ceiling
Lower highs since midweek peak, double bottom at 57.05.
Silver reversed hard off Thursday's 60.94 weekly high on hawkish Fed repricing, flushing to 57.05 where buyers stepped in twice. A corrective bounce has since reclaimed the EMA20 into the NY session, retracing near half of the drop with RSI(14) back around 60. Lower highs from the midweek peak still cap the tape below 59.00.
Support: 57.05
Resistance: 59.00, 60.94
What it said to watch
H1 close above 59.00 challenges the descending lower-highs line
Loss of the 57.05 double bottom opens 55.00
FOMC Jul 29 is the week's dominant catalyst and could reset this read
Lower highs from weekly peak, higher lows since Thursday flush.
Silver is grinding back up from Thursday's flush low at 57.05, building a series of higher lows and reclaiming EMA20 with RSI(14) cycling in the mid-to-high 50s. The move remains corrective inside a lower-high structure: the 60-61 zone capped the midweek rally repeatedly before Thursday's 4.3% reversal as hawkish Fed repricing lifted yields. Price now sits mid-way through the weekly-range retrace, with the 58.97 session high as the immediate cap.
Support: 57.64, 57.05
Resistance: 58.97, 60.00
What it said to watch
Hourly close above 58.97 opens the path back toward the 60.00 psych level
Failure to hold 57.64 threatens a lower low back toward the 57.05 week low
FOMC Jul 29 is the week's dominant catalyst and could reset this read
15:03 UTC
Lower highs, recovery off the lows · RSI 59 · price 58.52
Lower-high structure intact, basing above 57.00.
Silver stalled repeatedly at the 60.90 area midweek before a sharp reversal drove it back to a 57.05 swing low, keeping the week's lower-high structure intact. Price has since carved a rounded base above 57.50 and reclaimed 58.00 into the NY session as the USD trimmed hawkish-Fed gains, now pressing the 20d sma near 58.86. Momentum has recovered with RSI(14) back around 59, but price sits below EMA50.
Support: 58.00, 57.50, 57.05
Resistance: 58.86, 59.50
What it said to watch
Hourly close above 58.86 (20d sma) targets the 59.50 prior high
Failure to hold the 57.50 support zone reopens the 57.05 swing low
FOMC Jul 29 18:00 UTC is the dominant catalyst and could reshape this read
Silver tagged 60.94 mid-week before a sharp reversal dumped it to a 57.05 double bottom on Thursday's yield-driven selloff. Friday's session has clawed back above EMA(20) with rising lows into the NY hours, RSI(14) recovering back through 50 as the S&P Global Services PMI beat (53.6) kept USD firm. The 60.94 rejection remains the dominant cap; recent high 58.62 is the first hurdle overhead.
Support: 58.00, 57.05
Resistance: 58.62, 59.00, 60.94
What it said to watch
Close above 58.62 opens the path back toward 59.0 psych level
Failure to hold 58.0 round number puts the 57.05 double bottom back in play
Silver tagged the 60.94 weekly high midweek then rejected hard, shedding roughly 4% into 57.05 where a double bottom has held. Price is recovering through the NY session, back above EMA(20) with RSI(14) reclaiming 50, but the broader lower-high sequence and 60.00-60.94 cap remain the dominant structure. Today's mixed S&P Global PMIs (Services beat, Manufacturing miss) did little to break the range.
Support: 57.05
Resistance: 58.62, 59.50
What it said to watch
H1 close above 58.62 day high opens the path to 59.50
Failure to hold 57.05 double bottom exposes the weekly low near 55.00
FOMC next Wed is the swing factor for the metal
13:04 UTC
Recovery bounce within wider two-way range · RSI 58 · price 58.382
Double-bottomed near 57.05, grinding higher lows.
Silver dumped ~4% from the 60.94 weekly high as the hawkish-Fed/oil repricing hit metals, then bottomed twice near 57.05 to form a double btm. Price has recovered back above EMA(20) into the NY session, with RSI(14) cycling up through 58 on a string of higher lows. The 58.62 session high and 59.00 pivot cap the bounce, with the 60.00 zone the prior rejection cap.
Support: 57.65, 57.05
Resistance: 58.62, 59.00, 60.00
What it said to watch
H1 close above 59.00 pivot opens the path back toward the 60.00 cap
Loss of 57.65 swing low re-exposes the 57.05 double btm
US S&P Global PMIs ~13:45 UTC could materially shift this read
13:04 UTC
Recovery off week low, momentum building · RSI 56 · price 58.382
Higher lows since 57.05, below week high.
Silver ripped to a 60.90 week high on Mideast safe-haven bid then reversed ~4% as oil-led inflation revived Fed-hike pricing, bottoming near 57.05 midweek. Since then price has carved higher lows and is grinding back above EMA20, with the recovery now testing the 58.62 session high after basing above 58.20. RSI(14) has cycled back to the mid-50s, tracking the bounce without stretching.
Support: 58.20, 57.65, 57.05
Resistance: 58.62, 59.40, 60.90
What it said to watch
Reclaim of 59.40 would open the path back toward the 60.90 week high
Loss of 58.20 then 57.65 would re-expose the 57.05 week low
S&P Global PMIs ~13:45 UTC could shift this read via USD/yields
12:03 UTC
Recovering off weekly low, capped by lower highs · RSI 58 · price 58.42
Hard reversal from 60.90, higher lows building near 57.05.
Silver reversed hard from the ~60.90 weekly high, shedding over 5% into Thursday's 57.05 week low before stabilising above 57.50. Price has since ground back to 58.42, holding above EMA(20) with RSI(14) near 58, but the 59.00 pivot and a run of lower highs still cap the recovery. The selloff tracked hawkish-Fed repricing on firmer US data and rebounding oil.
Support: 57.50, 57.05
Resistance: 59.00
What it said to watch
H1 close above 59.00 would break the lower-highs sequence
Silver rejected the 60.94 week high midweek and dumped over 4% into Thursday's session, bottoming near 57.05 before carving a rounded bottom. Price has reclaimed EMA(20) and is grinding back toward the 58.45-59.00 confluence, though it still sits below EMA(50). RSI(14) has cycled back above 50 as the recovery holds higher lows off the low.
Support: 57.50, 57.05
Resistance: 59.00, 60.94
What it said to watch
S&P Global PMIs at 13:45 UTC could materially shift this read
H1 close above the 59.00 confluence challenges the recovery ceiling
Loss of 57.50 defended support reopens the 57.05 week low
11:03 UTC
Recovering off the week's low, momentum turning up · RSI 59 · price 58.324
Double bottom near 57.05 after Thursday's drop, higher lows building.
Silver was slammed Thursday from Wednesday's 60.94 peak as surging oil lifted US yields and revived Fed-hike fears, bottoming twice near 57.05 to form a double btm. Price has since reclaimed EMA20 and pushed back above 58.0 into the NY session, with RSI cycling back toward the upper half. The day high at 58.62 caps the bounce while it holds below EMA50.
Support: 57.65, 57.05
Resistance: 58.62, 59.48
What it said to watch
H1 close above 58.62 day high opens the path toward the 59.48 prior high
Loss of the 57.65 session low re-exposes the 57.05 double btm
US S&P Global Flash PMIs at 13:45 UTC could materially shift this read via yields
Silver reversed hard Thursday from the 60.90 week ceiling down to 57.05 as surging oil lifted US yields and revived Fed hike bets, then carved a double bottom around 57.05 and has recovered through the NY session to the 58.62 day high. Price reclaimed EMA20 but sits just below EMA50, so the recovery is intraday rather than structural yet. RSI(14) has cycled back to the mid-50s off oversold, tracking the higher lows.
Support: 57.05, 56.00
Resistance: 58.62, 59.00, 60.00
What it said to watch
Hourly close above 58.62 day high opens the path toward 59.00 psych then the 60.00 zone
Failure to hold the 57.05 double bottom confirms a lower low and reopens 56.00
US S&P Global Flash PMIs at 13:45 UTC — high impact, a hot print would pressure silver via yields
10:04 UTC
Recovering off lows, capped below range top · RSI 57 · price 58.412
Two-way range, higher lows since Thursday low.
Silver spiked to a 60.94 week high Wednesday on the safe-haven bid, then dumped through Thursday's NY session toward 57.07 as surging oil and US yields revived Fed hike fears and firmed the dollar. Price has since carved a double bottom near 57.07 and is grinding back above EMA(20), now 58.41 with RSI(14) reclaiming the mid-50s. The prior-support shelf at 58.94 is the first hurdle back into the week's range.
Support: 57.07, 56.10
Resistance: 58.94, 60.94
What it said to watch
H1 close above 58.94 (prior sup) opens the path back toward the 60.94 week high
Failure to hold 57.07 swing low reopens the 56.10 week low
US S&P Global Flash PMIs 13:45 UTC could materially shift this read via yields
10:04 UTC
Recovery off lows, within wider range · RSI 57 · price 58.412
Bouncing from double bottom, below week high.
Silver sold off sharply through Thursday's session from the 60.94 week high down to 57.05 as surging oil lifted US yields and revived Fed hike bets, then based twice near 57.05 forming a double bottom. Price has since ground back above EMA(20) into 58.41, but EMA(50) near 58.90 is still capping the recovery. RSI(14) sits mid-range, consistent with a bounce rather than a fresh impulse.
Support: 57.05, 56.00
Resistance: 58.90, 60.00, 60.94
What it said to watch
H1 close above 58.90 (ema50) would extend the recovery toward 60.00
Loss of 57.05 dbl bottom confirms a lower low and reopens 56.00 week low
US Flash PMIs at 13:45 UTC could materially shift this read
Silver was rejected twice into the 60.00-60.94 zone and reversed hard through Thursday's NY session on a broad USD bid — the 1969-low jobless claims print reinforced the hawkish-Fed read and pressured metals down to 57.05. Price has since stabilised above EMA(20) and is grinding back toward the 58.90 20-day SMA, with RSI(14) recovering to the low-50s. The lower-high structure off 60.94 still frames the week.
Support: 57.05, 54.77
Resistance: 58.90, 60.00, 60.94
What it said to watch
S&P Global PMIs at 13:45 UTC could materially shift this read
H1 close above 58.90 tests the 60.00 psych area and the lower-high structure
Failure to hold 57.05 confirms a lower-low toward 54.77 weekly low
09:05 UTC
Downtrend, bouncing off lows · RSI 55 · price 58.341
Lower highs since $60.94, double bottom near $57.05.
Silver reversed hard from the $60.94 weekly high and shed ~3.8% Thursday into the $57 area as a broad USD bid and 1969-low jobless claims hit metals. Price has since carved a double bottom near $57.05 and reclaimed EMA(20) into the NY session, but the sequence of lower highs off $60.94 remains intact and the $58.86 20-day SMA area caps the bounce. RSI(14) has recovered back toward 55 alongside the intraday rebound.
Support: 57.05, 54.77
Resistance: 58.86, 59.43, 60.94
What it said to watch
S&P Global PMIs at 13:45 UTC are the near-term catalyst and could reset this read
Close above 58.86 20d sma / 59.43 lower high would challenge the lower-high structure
Failure to hold the 57.05 double bottom exposes the 54.77 weekly low
Silver reversed hard from the 60.94 weekly high on broad USD strength after 1969-low jobless claims, shedding to the 57 area before demand stepped in twice near 57.05, forming a rough double bottom. Price has since clawed back above EMA(20) into the 58.15 zone, but the lower-high structure off the peak remains intact and the 58.86 20-day SMA caps the bounce. RSI(14) has recovered toward 50 with a higher low against the price low.
Support: 57.05
Resistance: 58.86
What it said to watch
S&P Global PMIs at 13:45 UTC are the near-term catalyst and could shift this read
Close above 58.86 then 59.00 would question the lower-high structure
Failure to hold 57.05 confirms a lower-low and exposes downside
08:03 UTC
Downtrend, bouncing off support · RSI 51 · price 58.154
Lower highs, double bottom at 57.05.
Silver rolled over from the $60.94 weekly high, dropping ~3.8% Thursday into the $57 area as a broad USD bid (jobless claims at a 1969-low 187K plus Iran headlines) hit metals. Price found a double bottom near 57.05 and is bouncing back through EMA(20), but the lower-high sequence off 60.94 stays intact with EMA(50) capping overhead. RSI(14) has cycled back to the mid-line as the recovery unfolds.
Support: 57.05, 56.65
Resistance: 58.50, 59.40
What it said to watch
H1 close above 58.50 opens the path to the 59.40 lower high
Break of 57.05 double bottom exposes the 56.65 range floor and 54.77 below
S&P Global PMIs 13:45 UTC are the near-term catalyst for USD and metals
07:03 UTC
Downtrend, off the week's high · RSI 45 · price 57.735
Lower highs after rejection at 60.90.
Silver was rejected twice below the 60.90 weekly high and reversed hard through the NY session, printing 57.05 as USD strength and rallying yields overwhelmed the safe-haven bid. Price is now consolidating in a 57.40–57.90 band beneath both EMA(20) and EMA(50), with RSI(14) capped under 50. The prior support shelf around 58.51 now sits as overhead resistance.
Support: 57.05
Resistance: 57.90, 58.51, 59.00
What it said to watch
S&P Global PMIs at 13:45 UTC could materially shift this read
H1 close below 57.05 exposes the 55.00 area
Reclaim of 59.00 needed to challenge the lower-high structure
Lower highs since $60.94 peak; base building $57.0-58.0.
Silver was slammed ~3.8% off the $60.94 weekly high back to $57.05 as USD strength and rallying yields overwhelmed the safe-haven bid, leaving a clear string of lower highs. Price is now consolidating $57.0-58.0 below EMA20 and EMA50 with RSI(14) mid-40s, capping recovery attempts near the $58.03 bounce high. The $54.77/$60 range that framed this week's rally has flipped to a corrective phase.
Support: 57.046, 56.50
Resistance: 58.03, 58.90, 59.44
What it said to watch
S&P Global PMIs at 13:45 UTC (Mfg f/c 54.5, Svcs f/c 51) could materially shift this read
H1 close below 57.046 confirms a lower low and exposes 56.50
Reclaim of 58.90 breakdown needed to challenge the lower-high line at 59.44
06:03 UTC
Downtrend, pullback from weekly high · RSI 41 · price 57.348
Lower highs, rolled over from $61 rejection.
Silver rolled over from the $60.9 weekly high after repeated rejection near $61, shedding roughly 3% into the NY session and slicing below both H1 EMAs. Price has since stalled in the high-$57s, consolidating 57.05–57.90 with RSI(14) parked in the low-40s. The safe-haven bid that drove the week's rally has faded against surging US yields.
Support: 57.05, 56.50
Resistance: 57.90, 58.50
What it said to watch
Loss of 57.05 swing low opens the path toward 56.50 and the $55 area
Reclaim of 58.50 supply needed to ease downside pressure
S&P Global PMIs at 13:45 UTC could materially shift this read
06:03 UTC
Pullback within this-week rally, momentum down · RSI 39 · price 57.348
Lower highs since the $60.9 peak, retracing the week's impulse.
Silver has unwound most of this week's safe-haven rally, sliding from the $60.9 peak back to the high-$57s after the advance stalled at $61 into surging US yields. Price trades below both EMA(20) and EMA(50) with H1 printing lower highs since Wednesday's NY session, and the session low at 57.07 marks the near-term floor. RSI(14) near 39 reflects the fading momentum, not yet oversold.
Support: 57.07, 56.10
Resistance: 57.90, 58.52
What it said to watch
Close below 57.07 opens the path to the week low near 56.10
Reclaim of 57.90 needed to challenge the 58.52 swing high
S&P Global PMIs 13:45 UTC could materially shift this read
Silver has unwound most of this week's safe-haven rally, rolling over from the $60.9 peak and breaking below the $58.20–$58.45 shelf that market context flagged as support — now flipped to overhead. Price is pressing the $57.05 swing low into the Asia session with RSI in the mid-40s and trading below both EMA20 and EMA50. The dominant move of the week is now the two-day slide from $60.9, printing successive lower highs.
Support: 57.05, 56.60
Resistance: 57.83, 58.45
What it said to watch
S&P Global PMIs at 13:45 UTC could materially shift this read
Loss of 57.05 swing low opens the path toward 56.60
Reclaim of 57.83 session high needed to stall the lower-high sequence
05:04 UTC
Downtrend off the week's peak, momentum easing · RSI 39 · price 57.286
Lower highs since $60.90; broke $58.45 support.
Silver broke below the $58.45 support through the NY session, sliding to $57.05 as US Treasury yields pushed to fresh highs and the safe-haven bid faded. Price is now consolidating in the high $57s, holding below both EMA(20) and EMA(50) with RSI(14) near 39 after the leg lower. Bounces have been capped around $57.90, keeping the broken support zone overhead as resistance.
Support: 57.05
Resistance: 57.90, 58.45
What it said to watch
H1 close below 57.05 confirms a lower-low, opening the path toward the $55 floor
Reclaim of 58.45 broken support would negate the breakdown read
S&P Global PMIs 13:45 UTC could materially shift this read
04:03 UTC
Pullback from weekly high, momentum down · RSI 37 · price 57.239
Lower highs since Wednesday's $60.90 peak.
Silver has unwound most of the week's safe-haven rally, sliding from the $60.90 peak back into the high-$57s through the NY session and now trading below both EMAs. RSI(14) sits in the mid-30s after the leg lower, with price pressing the 57.05 swing low. The deep retracement of the 56.09–60.90 advance has met no clear demand response yet.
Support: 57.05, 56.15
Resistance: 57.83
What it said to watch
S&P Global PMIs at 13:45 UTC could materially shift this read
Loss of the 57.05 swing low opens the path toward the 56.15 week low
Reclaim of the 57.83 swing high needed to stall the down move
Lower highs since $61 rejection, consolidating high-$57s.
Silver's ~7.5% safe-haven rally stalled at the $60.94/$61.00 cap and has since unwound sharply, with the heaviest selling through the NY session as US yields pushed to fresh highs. Price now sits below EMA(20) and EMA(50) in the high-$57s after breaking the $58.45 floor, RSI(14) tracking near 38 without a divergence. The $57.05 swing low is the immediate structural marker; a bounce off it has so far capped near $57.83.
Support: 57.046, 57.00, 56.094
Resistance: 57.83, 58.51, 58.86
What it said to watch
Loss of 57.05 swing low opens the path toward the 56.09 week low
Reclaim of 57.83 prior high needed to challenge the 58.51 swing structure
S&P Global PMIs 13:45 UTC — a beat reinforces the yield-driven headwind, a miss could re-test $58.86
03:04 UTC
Pullback within weekly rally, momentum down · RSI 39 · price 57.186
Lower highs since 61 rejection, testing swing low.
Silver rallied off Monday's 55.89 open to a 60.91 high before being rejected at the $61 cap, and has since carved a string of lower highs. The NY-session slide yesterday broke the 58.51 shelf and dragged price to 57.05, where it is now consolidating; RSI(14) near 38 with price below both EMA20 and EMA50 reflects the fading momentum. The safe-haven bid that drove the week's move has stalled against firmer US yields.
Support: 57.046, 56.154
Resistance: 58.513
What it said to watch
H1 close below 57.05 swing low confirms a lower-low, opens 56.15
Reclaim of the 58.51 breakdown level needed to negate the pullback
S&P Global PMIs at 13:45 UTC could materially shift this read
03:03 UTC
Pullback from weekly high, momentum down · RSI 39 · price 57.186
Lower highs off the $61 peak.
Silver's 7.5% week-long rally stalled at the $60.9/$61 cap and has since bled lower, printing lower highs and slipping below both the H1 EMA(20) and EMA(50). The move accelerated through the NY session as surging US yields and firm data pressured the non-yielding metal, dragging price into the $57.05 swing low. RSI(14) near 39 reflects the loss of the earlier uptrend momentum.
Support: 57.05, 56.15
Resistance: 57.80
What it said to watch
H1 close below 57.00 confirms a lower low and opens the 56.15 swing low
Reclaim of 57.80 prior high needed to ease downside pressure
S&P Global PMIs 13:45 UTC could materially shift this read
Silver rallied from Monday's ~$55.7 open to a $60.9 peak, then stalled below $61 and rolled over through Thursday's NY session as US yields pushed to fresh highs. Price now consolidates in the high-$57s, below EMA20 and EMA50, having lost the prior $58.20 support which flips to a lower-high resistance shelf. RSI(14) sits in the low-40s with the swing low at 57.05 defining the base of the pullback.
Support: 57.35, 57.05
Resistance: 58.00
What it said to watch
S&P Global PMIs at 13:45 UTC (HIGH) could materially shift this read
Loss of 57.35 session low confirms continuation toward the 57.05 swing low
Reclaim of 58.00 round number would ease the downside pressure
02:03 UTC
Pullback from weekly high, momentum down · RSI 43 · price 57.675
Lower highs since $60.9, consolidating high-$57s.
Silver rolled over after a rejection near $60.9 and lost the $58.50 shelf, sliding to $57.05 before stabilising in the high-$57s as rising US yields and hawkish Fed pricing weigh on the non-yielding metal. Price sits below EMA20 and EMA50 with RSI(14) mid-40s, framing a corrective leg off the week's high. The $57.88 prior high has capped the latest bounce.
Support: 57.05
Resistance: 57.88, 58.50
What it said to watch
Loss of 57.05 swing low confirms a fresh lower low toward $55
Reclaim of 58.50 breakdown level neutralises the pullback read
S&P Global PMIs at 13:45 UTC could materially shift this read
01:05 UTC
Downtrend off the week's high, momentum easing · RSI 41 · price 57.717
Lower highs since the 60.90 peak, now basing in the high-57s.
Silver's ~7.5% weekly rally stalled at 60.90 and rolled over, with a sharp drop into the NY session yesterday breaking the 58.50 shelf and dragging price to the high-57s as US yields pressed the non-yielder. Trading below EMA20 and EMA50 with RSI(14) near 41; the recent stall around 57.5-57.8 marks a pause after the leg down. This zone sits close to the 61.8% retracement of the 55.51-60.90 impulse — an area to watch for stabilisation or continuation.
Support: 57.05, 55.60
Resistance: 58.50
What it said to watch
Loss of 57.05 confirms a lower low and opens the 55.60 weekly-open area
Reclaim of the 58.50 shelf would negate the near-term breakdown read
S&P Global flash PMIs (13:45 UTC) is HIGH risk and could materially shift this read
01:04 UTC
Pullback off 61 peak, momentum down · RSI 42 · price 57.717
Lower highs since Wednesday, consolidating high-57s.
Silver's ~7.5% weekly rebound stalled at the 60.9/61.0 area and rolled over, with a sharp NY-session slide Thursday as US Treasury yields hit fresh highs dragging price from the high-59s into the high-57s. Price now sits below both EMA(20) and EMA(50) with RSI(14) around 42, consolidating just above 57.35 after the 57.05 swing low held. Lower highs off the peak define the near-term structure.
Support: 57.35, 57.05, 56.15
Resistance: 58.51
What it said to watch
Loss of 57.05 swing low targets the 56.15 prior low, then the 55.00 area
Reclaim of 58.51 prior support would neutralise the lower-high sequence
S&P Global flash PMIs at 13:45 UTC could materially shift this read via yields
Silver rolled over after the safe-haven rally stalled with a rejection near 61 earlier this week, and the mid-session break below the 58.45 support accelerated the slide into the high 57s. Price now sits at the 61.8% retrace of the 55.5-to-60.9 impulse, trading below both EMA(20) and EMA(50) with RSI(14) around 37; the Asian session has flattened into a tight hold above 57.29. The 57.91 prior high has capped the last bounce.
Support: 57.29, 57.05, 56.15
Resistance: 57.91, 58.45
What it said to watch
S&P Global flash PMIs at 13:45 UTC could materially shift this read
Loss of 57.05 session low confirms continuation lower toward the weekly open at 56.15
H1 close back above 58.45 broken support neutralises the downside break
00:03 UTC
Downtrend off the $61 rejection · RSI 43 · price 57.547
Lower highs, lower lows; consolidating in the high-$57s.
Silver rolled over from the $60.90 high after the $61 rejection, with the sharpest leg lower coming during the NY session as US yields jumped on record-low jobless claims. Price has since based in the high-$57s, holding above the 57.05 swing low but capped beneath EMA20 near 57.90. RSI(14) sits mid-40s, reflecting the momentum shift lower after the week's safe-haven rally stalled.
Support: 57.05, 55.00
Resistance: 57.90, 58.20, 58.86
What it said to watch
Loss of 57.05 swing low targets the $55.00 major floor
Reclaim of the 58.20 prior floor opens 58.86 20d sma
S&P Global flash PMIs at 13:45 UTC could materially shift this read