Higher lows off 63.059 against lower highs from 64.024, contracting in early Asia.
Silver broke the prior Asian range low early in London and slid to a 63.059 day low in NY as hawkish Fedspeak and yields near 5.14% weighed. The late-NY rebound stalled at the 64.024 NY high. Early Asia is now compressing inside a tight 63.652–63.813 range, squeezed between a rising swing-low trendline and a falling lower-high trendline, with RSI(14) neutral near 52.
Support: 63.652, 63.504, 63.059
Resistance: 63.813, 63.861, 64.024
What it said to watch
M15 close above the 63.813 Asia high and the 63.861 lower high breaks the falling trendline and opens the 64.024 NY high
Failure to hold the 63.652 Asia low and the rising trendline exposes the 63.504 swing low, then the 63.45 breakdown level flagged in the digest
A move back through 63.504 puts the 63.059 day low back in play
Williams at 09:15 UTC, Durable Goods at 12:30 UTC and UoM inflation expectations at 14:00 UTC could materially shift this read
Higher lows off 63.06 day low, capped under 64.02 NY high; tight Asia range.
Silver bled through London and NY on hawkish Fedspeak and the 197K claims beat, printing a 63.06 day low before a sharp 16:15 UTC NY rebound met rejection twice at the 64.02 NY high. Early Asia is compressing in a 63.65–63.81 range near the 38.2% fib of that rebound, with a rising trendline of higher lows (63.06, 63.33 higher low, 63.50 swing low) intact underneath.
Support: 63.652, 63.504, 63.329
Resistance: 63.813, 64.024, 64.328
What it said to watch
M15 close below the 63.65 asia low and 63.50 swing low exposes the 63.45 break level flagged in news and the 63.33 higher low
Close above the 63.81 asia high reopens the 64.02 ny high; the 64.33 london high sits above that
A break of the rising trendline from the 63.06 day low, through the 61.8% fib near 63.43, ends the higher-low sequence
Williams 09:15 UTC, Durables 12:30 UTC and UoM inflation expectations 14:00 UTC could materially shift this read
Higher lows vs lower highs since 63.059; tight early-Asia range.
London broke below Thursday's Asian range and NY extended to the 63.059 NY low on hawkish Fed and 5.14% yield pressure. The 16:15 UTC spike to 64.024 met rejection above the 61.8% fib. Since then, higher lows at 63.059, 63.329 and 63.504 against lower highs at 64.024, 64.006 and 63.861 have compressed price near the 50% fib (~63.78), with early Asia holding 63.65–63.81 and RSI(14) neutral at 51.
Support: 63.504, 63.329, 63.059
Resistance: 63.861, 64.024, 64.504
What it said to watch
M15 close below the 63.504 swing low and rising support breaks the consolidation. That also clears the flagged 63.45 trigger and exposes the 63.329 higher low, then the 63.059 NY low.
M15 close above the 63.861 lower high reopens the 64.024 spike high; beyond that, Thursday's asia high at 64.504 is the next reference.
Fed's Williams (09:15 UTC), then durables (12:30 UTC) and UoM inflation expectations (14:00 UTC), could materially shift this read.
23:03 UTC
Intraday downtrend paused, recovering off NY low · RSI 53 · price 63.786
Higher lows 63.33/63.50/63.65 against lower highs capped under 64.02, a compressing range.
London broke the Asian range low at 63.72, and NY extended the slide to 63.06 on the hawkish Fed and yield repricing. A sharp pop to the 64.02 NY high followed. Since then price has compressed, with higher lows at 63.33 and 63.50 (the 50% fib) and the 63.65 rollover low, while the late-NY high at 63.86 and the NY high both cap price under 64.00. Price is drifting at 63.79 in thin early-Asia trade.
Support: 63.652, 63.504, 63.329
Resistance: 63.861, 64.024, 64.328
What it said to watch
M15 close above the 63.861 late-NY high exposes the 64.024 NY high and the 64.00 area flagged in the news
Failure of the 63.504 swing low breaks the higher-low chain and exposes the 63.45 break level, then the 63.329 higher low
Loss of the 63.652 rollover low puts price back below the rising trendline off the NY low
London high at 64.328 is the upper boundary of the day's range; a reclaim would negate the London breakdown
Williams 09:15 UTC, Durables 12:30 UTC and UoM inflation expectations 14:00 UTC could materially shift this read
22:46 UTC
Rebound from day low, stalling under 64.00 · RSI 48 · price 63.751
Higher lows since 63.06, capped by twin highs at 64.00.
Silver is compressing between the 63.65 Asia low and the 63.86 prior high in early Asia. The NY rebound from the 63.06 day low was rejected twice at the 64.00 cap, with yields near 5.14% capping it. The higher low at 63.33 and the swing low at 63.50 keep the rising-lows sequence intact, and price sits just above that trendline.
Support: 63.652, 63.504, 63.329
Resistance: 63.861, 64.024
What it said to watch
M15 close below the 63.50 swing low breaks the rising lows trendline and the 50% retrace of the rebound, exposing the 63.45 break level
Close above the 64.00 cap negates the double rejection there
Loss of the 63.33 higher low ends the rebound structure
Fri: Williams 09:15 UTC, Durables 12:30 UTC, UoM inflation expectations 14:00 UTC could materially shift this read
Lower highs near 64.00, higher lows off 63.06 day low.
Silver slid from the 64.33 London high to a 63.06 day low during NY hours as hawkish Fedspeak and a claims beat lifted yields. The rebound was rejected twice near the 64.00 round number. Early Asia is now compressing between the 63.50 swing low and the 63.86 prior high, around the 50% retrace of the London drop, with a higher low at 63.33 underneath.
Support: 63.504, 63.329, 63.059
Resistance: 63.861, 64.024
What it said to watch
M15 close above the 63.86 prior high (61.8% of the London drop) brings the 64.00 round number rejection zone back into play
Loss of the 63.50 swing low and the 63.45 news trigger breaks the higher-low trendline, exposing 63.33 and the 63.06 day low
Fed's Williams at 09:15 UTC, Durable Goods at 12:30 UTC and UoM inflation expectations at 14:00 UTC could materially shift this read
Lower highs and higher lows off the 63.06 day low.
Silver slid from the 64.33 London high to a 63.06 day low into NY hours as hawkish Fedspeak and the claims beat lifted yields. It then rebounded into a tightening range, with a 64.02 swing high and a 63.86 late NY high capping price, and a 63.33 swing low and a 63.50 higher low underneath. The new Asia session is opening quiet at 63.73, just above the 50% retrace of the London high-day low drop, and RSI(14) is neutral near 54.
Support: 63.504, 63.329, 63.059
Resistance: 63.861, 64.024, 64.328
What it said to watch
M15 close above the 63.86 late NY high and the 64.02 swing high breaks the lower-high sequence
Failure to hold the 63.50 higher low and the 63.33 swing low reopens the 63.06 day low and the 63.45 break level cited in the news
Fed's Williams (09:15 UTC), durables (12:30 UTC) and UoM inflation expectations (14:00 UTC) could materially shift this read
Higher lows at 63.06/63.33/63.50 capped by the 64.00–64.02 NY high.
Silver slid from the 64.33 London high to a 63.06 session low as hawkish Fedspeak and 5%+ yields lifted the dollar. The late-NY rebound has built higher lows at 63.33 and 63.50 along a rising trendline, but two rejections at the 64.00–64.02 NY high keep price capped, with the last bar at the 61.8% retracement of the drop.
Support: 63.504, 63.329, 63.059
Resistance: 64.024, 64.328
What it said to watch
M15 close above the 64.02 NY high breaks the rejection sequence and exposes the 64.33 London high
Failure at the 61.8% retracement near 63.84 keeps the NY range intact
A break of the 63.50 swing low and the rising trendline puts the 63.33 higher low and the 63.06 session low back in focus
Friday's Williams (09:15 UTC), Durables (12:30 UTC) and UoM inflation expectations (14:00 UTC) could materially shift this read
21:47 UTC
Rebounding off day low, capped below 64.00 · RSI 61 · price 63.842
Higher lows since 63.06 under flat 64.00 cap.
Silver broke the Asian range low at 63.72 early in London and ground down to a day low at 63.06 through NY hours, with hawkish Fed talk and the jobless claims beat keeping yields bid. A sharp 16:15 UTC rebound stalled at the 64.02 NY high. Since then price has printed a higher low at 63.33 on the 18:00 UTC pullback and another at 63.50, both under a second rejection near 64.00, and late-NY trade is compressing around 63.84.
Support: 63.504, 63.329, 63.059
Resistance: 64.024, 64.328
What it said to watch
Close above the 64.02 NY high breaks the cap and exposes the 64.33 breakdown point from the London drop
Loss of the 63.50 higher low breaks the rising-low line; below the 63.33 pullback low the rebound structure fails back toward the 63.06 day low
Fed's Williams at 09:15 UTC, durables at 12:30 UTC and UoM inflation expectations at 14:00 UTC could materially shift this read
London broke below the 63.72–64.53 Asian range, and hawkish Fedspeak plus the claims beat pushed NY to a 63.059 session low. Price has since built higher lows at 63.33 and the 63.504 swing low, but was rejected twice at the 64.00 twin highs, which line up with the 61.8% retrace of the asian high move. Price now sits near the 50% level at 63.84, with RSI(14) neutral in the high 50s.
Support: 63.504, 63.45, 63.059
Resistance: 64.024, 64.531
What it said to watch
M15 close above the 64.02 twin highs clears the 61.8% retrace and opens the gap toward the 64.53 asian high
Loss of the rising trendline and the 63.504 swing low undoes the higher-low sequence and puts the 63.45 break level back in play
Acceptance below the 63.45 break level exposes the 63.059 session low
Fed's Williams (09:15 UTC), Durable Goods (12:30 UTC) and UoM inflation expectations (14:00 UTC) Friday could materially shift this read
21:16 UTC
Rebounding off session low, capped under 64.00 · RSI 60 · price 63.842
Higher lows from 63.06 beneath a flat 64.00–64.02 cap.
Silver broke the Asian range low at 63.72 in London and slid to a 63.06 session low in NY hours as hawkish Fed talk and ~5.14% yields weighed, then squeezed to the 64.02 session high. Since then it has printed a higher low at 63.50 above the 63.33 swing low, with a second rejection at 64.00 capping the rebound. It is now mid-range at the Asia session open.
Support: 63.504, 63.329, 63.059
Resistance: 64.024, 64.328
What it said to watch
M15 close above the 64.02 session high breaks the cap and puts the 64.33 london high in view
Failure to hold the 63.50 higher low (and the 63.45 news break level) breaks the rising trendline and exposes the 63.33 swing low, then the 63.06 session low
Fed's Williams at 09:15 UTC, Durable Goods at 12:30 UTC and UoM inflation expectations at 14:00 UTC could materially shift this read
21:06 UTC
Rebounding off day low inside a late-NY range · RSI 60 · price 63.842
Rising lows 63.06/63.33/63.50 under a 64.00 cap.
London broke the Asian low at 63.72 and the hawkish-Fed, high-yield selloff ran to a day low of 63.06 in NY hours. The rebound has been rejected twice at the 64.00 ny high, but rising lows at the 63.33 swing low and 63.50 higher low put price at 63.84, right at the 61.8% of the london selloff fib.
Support: 63.504, 63.329, 63.059
Resistance: 64.024, 64.328
What it said to watch
M15 close above the 64.02 ny high breaks the double cap and opens the 64.33 london high
Loss of the 63.50 higher low breaks the rising lows and brings the 63.45 news break level and 63.33 swing low into play
A move back below the 63.06 day low resumes the lower-low sequence
Fed's Williams 09:15 UTC, durables 12:30 UTC and UoM inflation expectations 14:00 UTC could materially shift this read
20:46 UTC
Down from London high, basing late NY · RSI 58 · price 63.762
Higher lows off 63.06 session low, capped near 64.00.
Silver slid from the 64.33 London high to a 63.06 session low in NY as hawkish Fedspeak and the claims beat pushed yields higher. The bounce has twice stalled at 64.02 and 64.01, the bounce high, and late NY price is compressing between the 63.50 swing low and 64.00 on rising lows, still above the 63.45 break level and between the 50% and 61.8% retracement of the London sell-off.
Support: 63.504, 63.45, 63.059
Resistance: 64.024, 64.328
What it said to watch
M15 close below the 63.50 swing low and the 63.45 break level breaks the rising-lows line and reopens the 63.06 session low
Sustained trade above the 64.02 bounce high puts the 64.33 London high back in reach
Fed's Williams (09:15 UTC), Durables (12:30 UTC) and UoM inflation expectations (14:00 UTC) Friday could materially shift this read
Post-low range 63.33–64.02 after London broke the Asian low.
London broke the Asian low at 63.72, and the slide ran to a 63.06 session low in NY hours as hawkish Fedspeak kept yields near 5.14%. The bounce was rejected twice at the 64.00–64.02 twin highs. Late-NY price sits near the 50% retrace of the bounce, just under a flat EMA20/EMA50 with RSI(14) at 46.
Support: 63.504, 63.329, 63.059
Resistance: 63.815, 64.024, 64.328
What it said to watch
Loss of the 63.50 swing low and the 63.45 line exposes the 63.33 higher low, with the 63.06 session low below
An M15 close above the 63.82 minor high and then the 64.02 twin highs breaks the post-low range and brings the 64.33 london high into view
Fri: Williams 09:15 UTC, Durables 12:30 UTC and UoM inflation expectations 14:00 UTC could materially shift this read
20:17 UTC
Intraday downtrend, compressing late NY · RSI 47 · price 63.577
Lower highs from 64.02 vs higher lows from 63.06, contracting range.
Silver broke the Asian range low near 63.72 in London. It extended to a 63.06 session low as hawkish Fed talk kept yields near 5.14%, and the NY rebound faded from the 64.02 ny high. Late NY shows lower highs at 64.02 and 63.815 against higher lows at 63.06 and 63.33, with price back under the ema20 near 63.62 and RSI neutral at 47.
Support: 63.42, 63.33, 63.06
Resistance: 63.815, 64.02, 64.33
What it said to watch
M15 close above the 63.815 lower high breaks the compression and exposes the 64.02 ny high, with the 64.33 london high above
Failure to hold the 63.42 swing low opens the 63.33 higher low and the 63.06 session low
Loss of the 63.33 higher low negates the rising-lows line and confirms the downtrend resuming
Williams (09:15 UTC) and UoM inflation expectations (Fri 14:00 UTC) could materially shift this read
Range 63.33–64.02 above the day low, higher lows, capped twice at 64.00.
Silver broke below the Asian range low (63.72) in the London session after Williams' hike-by-year-end remark and hawkish Fedspeak. The slide found a day low at 63.059 during NY hours. The rebound has since been capped twice at the 64.00 cap (16:30 and 18:30 UTC), with a higher low at 63.329 and a swing low at 63.586 holding price mid-range in late NY, RSI(14) neutral near 49.
Support: 63.586, 63.329, 63.059
Resistance: 64.024, 64.328
What it said to watch
M15 close above the 64.00 cap (64.024) breaks the late-NY range and opens the London high at 64.328
Loss of the 63.329 higher low breaks the rebound trendline and puts the 63.059 day low back in play
Holding the 63.586 swing low keeps the rebound fib's 50–61.8% zone (63.54–63.43) untested
Fri: Williams 09:15 UTC, Durables 12:30 UTC and UoM inflation expectations 14:00 UTC could materially shift this read
19:47 UTC
Down from London, basing in late NY · RSI 48 · price 63.722
63.33–64.02 range after 63.06 low; higher low in place.
London broke the Asian range low near 63.72 and the $64.00 handle as Williams' hike-by-year-end remarks and firm jobless claims pushed yields to 5.14%. The slide reached a 63.06 session low in NY. Late NY has since held a 63.33–64.02 range, with two rejections just under the ny high at 64.00 and a higher low at the 63.33 ny swing low along rising lows; price is mid-range near 63.72.
Support: 63.33, 63.06
Resistance: 64.02, 64.50
What it said to watch
M15 close above 64.02 ny high clears the double rejection at 64.00 and opens the path toward the 64.50 asian high
Loss of the 63.33 ny swing low and the rising lows line reopens the 63.06 session low
Fed's Williams (Fri 09:15 UTC), durables (12:30 UTC) and UoM inflation expectations (14:00 UTC) could materially shift this read via yields
Range 63.33–64.02 after 63.06 day low; higher low, capped at 64.00.
London broke 64.00 at 08:15 UTC, and the slide extended to the 63.06 day low by 15:00 UTC as the claims beat and Williams' hike comments lifted yields. The NY bounce has been capped twice at the 64.00 psych cap, just above the 61.8% fib of the drop from the 64.33 london high, while the 18:00 UTC swing low at 63.33 printed a higher low. Price is now mid-range near the 50% retracement.
Support: 63.33, 63.06
Resistance: 63.84, 64.00, 64.33
What it said to watch
M15 close above the 64.00 psych cap breaks the range and puts the 64.33 london high in play
Repeated rejection at the 63.84 61.8% fib keeps the range top intact
Failure to hold the 63.33 swing low breaks the higher low and exposes the 63.06 day low
Thin Asia session ahead; Williams 09:15 UTC, Durables 12:30 UTC and UoM inflation expectations 14:00 UTC Friday could reset this read via yields
Range 63.33–64.02 after a squeeze off the 63.06 low; higher low in place, 64.00 capping.
London broke the 63.72 Asian low. The claims beat and Williams' hike comments then extended the slide to a 63.06 session low before a sharp squeeze to 64.02. Late in NY, supply has capped the 64.00 psych twice, with a higher low at 63.33 on the rising trendline. Price is sitting near the fib 50% at 63.54 and the EMA50, with RSI(14) neutral around 53.
Support: 63.54, 63.33, 63.06
Resistance: 63.72, 64.00, 64.53
What it said to watch
Price back below the old 63.72 Asian low. Reclaiming it is the first step toward retesting the 64.00 psych
M15 close above 64.02 breaks the double rejection at the 64.00 psych and opens the 64.53 Asian high
Loss of the fib 50% at 63.54 and then the 63.33 higher low breaks the rising trendline and exposes the 63.06 session low
Fri: Williams 09:15 UTC, Durables 12:30 UTC and UoM inflation expectations 14:00 UTC could materially shift this read
Late-NY range 63.33–64.02 above the 63.06 day low; lower highs intact from London.
Silver lost 64.00 in London and printed a 63.06 day low in NY hours as Williams' hike comments and the 197K claims beat pushed UST yields to 5.14%. The late-NY bounce stalled twice at the 64.00 cap, 64.02 then 64.01, but held a higher low at 63.33. Price sits mid-range at 63.72, RSI(14) 57 and barely above EMA50.
Support: 63.33, 63.06
Resistance: 64.02, 64.33
What it said to watch
M15 close above the 64.00 cap at 64.02 negates the double rejection and exposes the 64.33 london high
Failure to hold the 63.33 higher low breaks the higher-lows trendline and puts the 63.06 day low back in play
Fri Williams 09:15 UTC, Durables 12:30 UTC and UoM inflation expectations 14:00 UTC could materially shift this read via yields
18:47 UTC
Rebound off day low, capped at 64.00 · RSI 58 · price 63.779
Higher low at 63.33, two failures at 64.00, 63.33–64.02 consolidation.
Late NY: silver rebounded from the 63.06 day low after a London-to-NY slide on hawkish Fed repricing and the jobless claims beat. The rebound has stalled twice at 64.00 (64.02 NY high, 64.01), with the higher low at 63.33 holding a 63.33–64.02 consolidation.
Support: 63.329, 63.059
Resistance: 64.024, 64.328
What it said to watch
M15 close above the 64.02 ny high clears the 64.00 cap and opens the path to the 64.33 london high
Break of the 63.33 higher low and trendline returns focus to the 63.06 day low
Loss of the rebound fib 61.8% area (~63.43) confirms the rejection at 64.00
Fed's Williams (Fri 09:15 UTC), then Durables and UoM inflation expectations, could shift yields and this read
Lower lows from Asia to NY low 63.059, first higher low at 63.329.
Silver broke the Asian range low at 63.72 in London and extended to a 63.059 session low in NY as hawkish Williams remarks and firm claims pushed yields to ~5.14%. A late-NY spike was rejected at the 64.024 ny high, just above broken 64.00. The pullback retraced ~70% of that rebound into a 63.329 higher low, and price is back at 63.82 after London close.
Support: 63.329, 63.059
Resistance: 64.024, 64.328
What it said to watch
M15 close above the 64.024 ny high reclaims 64.00 and exposes the 64.328 london high
Loss of the 63.329 higher low breaks the rebound trendline and reopens the 63.059 session low
Fri: Williams 09:15 UTC, Durables 12:30 UTC and UoM inflation expectations 14:00 UTC could materially shift this read
Lower lows to 63.06, NY rally rejected at 64.02, higher low at 63.33.
London broke below the Asian range and NY extended the slide to a 63.06 session low as the claims beat and hawkish Williams remarks lifted UST yields. The late-NY rally was rejected at the 64.02 session high, just above broken 64.00. The pullback held a 63.33 higher low near the 61.8% of the rally fib, and price is now drifting under the 63.85 lower high.
Support: 63.42, 63.33, 63.06
Resistance: 63.85, 64.02, 64.53
What it said to watch
M15 close above the 64.02 session high reclaims 64.00 and opens a move toward the 64.53 asian high
Break of the 63.42 swing low and 63.33 higher low puts the 63.06 session low back in play
Fri Williams 09:15 UTC, Durables 12:30 UTC and UoM inflation expectations 14:00 UTC could shift yields and this read
Lower highs and lower lows intact; squeeze rejected at 64.00, price retracing.
Silver broke the 63.72 Asian low early in London. It extended to a 63.06 session low in NY as Williams' hike comments and the claims beat lifted yields. A squeeze after London close retested broken 64.00 support, but the spike high at 64.02 was rejected, and price now sits near the 50% squeeze fib with the pullback low at 63.41 holding.
Support: 63.41, 63.06
Resistance: 63.72, 64.02
What it said to watch
M15 close above the 64.02 spike high negates the rejection at 64.00
Failure to hold the 63.41 pullback low reopens the 63.06 session low
Asian low at 63.72 capping the bounce; acceptance above it shifts the read toward a range
Fri: Williams 09:15 UTC, durables 12:30 UTC, UoM inflation expectations 14:00 UTC; yield moves could materially shift this read
Lower highs since London open; 64.02 spike high rejected, pullback now testing the 61.8% fib.
London broke below the 63.72 Asian range low. NY then extended to a 63.06 day low as the claims beat and Williams' hike comments lifted yields. A late-NY spike stalled at the 64.02 spike high, under the London lower highs line and the 64.00 psych level, and has since retraced to the 61.8% fib near the 63.41 pullback low, with price holding just below ema20 at 63.50.
Support: 63.41, 63.06
Resistance: 63.50, 63.84, 64.02
What it said to watch
M15 close below the 63.41 pullback low exposes the 63.06 day low
Reclaim of the 63.84 lower high puts the 64.02 spike high and the lower highs line back in play
Fri: Williams 09:15 UTC, durables 12:30 UTC and UoM inflation expectations 14:00 UTC could shift yields and this read
17:32 UTC
Downtrend, bounce fading · RSI 49 · price 63.527
Lower highs after 64.00 retest rejected; price at mid-fib of the late-NY spike.
London broke below the Asian low at 63.72, and silver ground to a 63.06 session low during NY hours as the hawkish-Fed yield bid and firm jobless claims weighed. A spike off that low after London close retested 64.00 at 64.024 and was rejected. Price has since faded to the 50% retracement near 63.53, sitting just above EMA20 and below EMA50, with RSI(14) neutral at 49 and the 63.41 swing low beneath.
Support: 63.411, 63.059
Resistance: 63.844, 64.024
What it said to watch
Failure to hold the 63.41 swing low (61.8% fib) reopens the 63.06 session low
M15 close above the 63.844 lower high puts the 64.00 retest high back in play
Close above 64.024 would negate the lower-high sequence
Fri: Williams 09:15 UTC, durables 12:30 UTC and UoM inflation expectations 14:00 UTC could materially shift this read
Lower highs from 64.328 London high; bounce rejected at 64.00.
Silver broke the Asian low at 63.724 early in London and slid to a 63.059 session low as yields firmed on Williams' hike comments and the claims beat. A sharp late-NY bounce stalled at the 64.024 bounce high, a retest of broken 64.00 support, and price is fading back to 63.61, around the 38.2–50% retrace of that move, with the lower-high chain from the London high intact.
Support: 63.588, 63.338, 63.059
Resistance: 64.024, 64.328
What it said to watch
M15 close below the 63.588 pullback low exposes the 63.338 spike base, then the 63.059 session low
Reclaim of the 64.024 bounce high and 64.00 breaks the lower-high chain toward the 64.328 London high
Fed's Williams (Fri 09:15 UTC), durables (12:30 UTC) and UoM inflation expectations (14:00 UTC) could materially shift yields and this read
Lower-low chain to 63.06; post-London spike retested broken 64.00 and stalled.
Silver ground out lower lows through London and NY to a 63.06 session low as the claims beat and Williams' hike comments lifted yields. After London close it snapped 96 cents higher, then stalled right at the broken 64.00 pivot (64.02 high). Price is back at 63.67, on the 38.2% of the rebound fib, and the 63.45 pivot sits near the 61.8% below.
Support: 63.45, 63.059
Resistance: 64.02, 64.328
What it said to watch
M15 close back above the 64.00 pivot would break the lower-high sequence and put the 64.33 london high in play
Failure to hold the 63.45 pivot, near 61.8% of the rebound fib, exposes the 63.06 session low
Fri Williams 09:15 UTC, durables 12:30 UTC and UoM inflation expectations 14:00 UTC could materially shift this read via yields
Lower highs from London high broken by spike, capped at 64.00.
Silver slid through London and NY. It lost the 63.72 Asian low and printed a 63.06 session low as Williams' hike comments and firm claims lifted yields. A spike after London close broke the downtrend line from the 64.33 London high, but it stalled at 64.02 under the broken 64.00 level, and price is now retracing that spike move.
Support: 63.72, 63.45, 63.06
Resistance: 64.02, 64.33
What it said to watch
M15 close above the 64.02 spike high reclaims 64.00 and exposes the 64.33 London high
Failure to hold the 63.72 Asian low puts the 63.45 shelf back in play, with the 63.06 session low below
A return below the broken downtrend line would negate the breakout
Fri: Williams 09:15 UTC, Durables 12:30 UTC and UoM inflation expectations 14:00 UTC could materially shift this read
Lower highs from 64.33 London high; trendline cleared on 16:15 UTC spike, capped under 64.00.
Silver broke the Asian low early in London and extended into NY, bottoming at the 63.06 session low as Williams' hike comments and the claims beat kept yields near 5.14%. After London close, a 16:15 UTC spike cleared the lower-highs trendline and the 63.78 range cap. It was rejected at the 63.97 spike high, just under the 64.00 psych, near the 61.8% fib of the London high-low leg.
Support: 63.78, 63.44, 63.059
Resistance: 63.967, 64.00, 64.328
What it said to watch
M15 close above the 64.00 psych and 63.97 spike high turns the bounce into a range break, opening the 64.33 london high
Slip back below the 63.78 range cap leaves the spike as a lower high, with the 63.44 morning low next
Break of the 63.06 session low resumes the lower-low sequence
Fri: Williams 09:15 UTC, Durables 12:30 UTC and UoM inflation expectations 14:00 UTC could reset the read via yields
Lower highs since London open, Asian range broken lower, minor higher low at 63.158.
London broke the Asian low at 63.724 and NY extended to a session low of 63.059. Firm US claims and new home sales, with yields near 5.14%, kept the sequence of lower highs intact. The latest bar has lifted back above the 63.45 pivot into the 38.2% fib of the London-high-to-session-low decline, with RSI(14) back near 52.
Support: 63.45, 63.158, 63.059
Resistance: 63.608, 63.724, 64.00
What it said to watch
M15 close above the 63.608 lower high breaks the lower-high sequence and puts the asian low at 63.724 (near the 50% fib) in play
Reclaim of the asian low at 63.724 exposes the 64.00 round number
Slip back below the 63.45 pivot, then loss of the 63.158 higher low, reopens the 63.059 session low
Williams (09:15 UTC) and Durables/UoM inflation expectations Friday could shift the yield-driven read
Lower-high/lower-low chain since London broke the Asian range low.
London broke the Asian range low at 63.72 and silver has stepped lower since. NY extended the drop to a 63.06 session low as yields held near 5.14% after firm claims. Price sits under the 63.45 pivot and below the lower highs trendline from 63.71, with RSI(14) near 38 and room left before oversold.
Support: 63.059, 63.00
Resistance: 63.375, 63.45, 63.608
What it said to watch
M15 close above the 63.45 pivot and the lower highs trendline would stall the lower-low chain; the 38.2% fib of the session drop sits at 63.54, just under the 63.61 lower high.
Failure to hold the 63.06 session low extends the sequence toward the 63.00 round number.
A move through the 63.375 minor high tests the 63.45 pivot first.
Fed's Williams (09:15 UTC Fri) and the UoM inflation-expectations print could materially shift this read.
Asian range broken lower in London; NY extended with LH/LL chain, now in a small bounce off the session low.
London broke the Asian range low at 63.72 and NY extended the slide to a 63.059 session low as the claims beat and ~5.14% yields kept silver heavy. Lower highs at 63.78, 63.71 and 63.608 define a descending trendline. Price is bouncing into the 38.2% fib of the 63.608–63.059 leg, capped so far by the 63.358 bounce high and back below the 63.45 pivot.
Support: 63.235, 63.059, 63.00
Resistance: 63.358, 63.45, 63.608
What it said to watch
M15 close above the 63.358 bounce high and the 63.45 pivot would break the lower-high chain; the descending trendline near 63.59 and the 63.608 lower high sit above
Loss of the 63.235 prior low and a break of the 63.059 session low extends the lower-low sequence toward the 63.00 round number
Fed's Williams (Fri 09:15 UTC) and Fri durables/UoM inflation expectations are the next yield-driven catalysts
LH/LL chain since London; NY broke the midday range lower.
London broke the Asian low near 63.72, and NY extended the lower-high/lower-low chain to a 63.059 session low. US claims and new home sales beats kept yields near 5.14%. Price now sits below the 63.45 pivot, with the 15:15 UTC bounce capped at the 63.358 lower high, the 23.6% retrace of the 64.33–63.06 drop.
Support: 63.059, 63.00
Resistance: 63.358, 63.45, 63.608
What it said to watch
M15 close above the 63.358 lower high breaks the LH chain, with the 63.45 pivot directly overhead
Failure to hold the 63.059 session low exposes the 63.00 round number
Lower-high trendline from 64.33 now near 63.48; reclaiming it and the 63.608 ny high would neutralise the intraday downtrend
Fed's Williams (Fri 09:15 UTC), then Durables and UoM inflation expectations, could materially shift this yield-driven read
Lower-high/lower-low chain since London broke the Asian range low; fresh session low printed in NY.
London broke below the Asian low at 63.724 at 08:15 UTC, and NY has extended the sequence of lower highs (63.781, 63.708, 63.608 lower high). Price is now under the 63.45 pivot flagged in the digest as Williams' hike comments and ~5.14% yields weigh. The latest leg set a 63.059 session low, with RSI(14) near 38 and not yet oversold.
Support: 63.059, 63.00
Resistance: 63.45, 63.608, 63.724
What it said to watch
Failure to hold the 63.059 session low extends the lower-low chain toward the 63.00 round number
An M15 close back above the 63.45 pivot and the lower-highs trendline (~63.55) would stall the downtrend read
A move through the 63.608 lower high reaches the 50–61.8% zone of the London-high fib (63.69–63.84), just below the former Asian low
Friday's Williams remarks (09:15 UTC), Durables and UoM inflation expectations are the next yield-sensitive catalysts
15:03 UTC
Downtrend, grinding lower · RSI 40 · price 63.327
Lower highs and lower lows since London broke the Asian low.
London broke below the Asian low at 63.724, and the slide extended through NY to a session low at 63.21 as Williams' hike comments and firm US claims kept yields near 5.14%. Rallies keep stalling under the descending line from 63.78. Price sits below the 63.45 breakdown level with RSI(14) near 40, not oversold.
Support: 63.21, 63.00
Resistance: 63.45, 63.608, 63.724
What it said to watch
Break of the 63.21 session low exposes the 63.00 round number
M15 close back above the 63.45 breakdown level would show the push lower stalling
Close above the 63.608 lower high breaks the descending line and the lower-high sequence
Reclaim of the 63.724 Asian low would negate the London range break
No scheduled US data in the next 8h; yield swings remain the driver
Lower highs below the broken Asian range since London open.
Silver broke the Asian low at 63.72 at London open and has since capped each bounce under a descending trendline, with NY setting a fresh session low at 63.235. The claims beat and 5.14% UST yields keep pressure on. The 63.61 lower high was rejected and price is back below the 63.45 break level, with RSI(14) near 39, soft but not oversold.
Support: 63.235, 63.00
Resistance: 63.45, 63.608, 63.724
What it said to watch
M15 close back above the 63.45 break level and the 63.61 lower high would stall the lower-high sequence
A break of the descending trendline (~63.65) and the 38.2% fib of the London-NY leg brings the 63.72 Asian low back into play
Failure to hold the 63.235 session low extends the leg toward the 63.00 round number
A reversal in 10y UST yields from 5.14% is the main risk to the downtrend read
Lower highs from 63.864; lower low at 63.235, choppy below 63.608.
London broke the Asian range low at 63.724 and extended the slide from the 64.328 London high. Hawkish Fed repricing, 5.14% UST yields and the 197K claims beat pushed silver to a 63.235 session low in NY hours, and lower highs keep capping bounces. Price sits back below the 63.45 break level with RSI(14) near 41, well clear of oversold.
Support: 63.235, 63.00
Resistance: 63.45, 63.608, 63.781
What it said to watch
M15 close below the 63.235 session low extends the lower-low chain toward the 63.00 round number
Reclaim of the 63.45 break level plus a close above the 63.608 lower high would stall the downtrend read
Close above the 63.781 swing high breaks the lower highs trendline and the London drop fib 38.2% (~63.65)
Trump-Xi summit headlines today and Fri's Williams, Durables and UoM inflation expectations could shift yields and this read
Lower highs under falling trendline; 63.24–63.78 band since late London.
London broke the Asian low at 63.72 in an 08:15 UTC flush. Silver has since ground lower inside a 63.24–63.78 band under a falling-highs trendline, as Williams' hike comments and 5.14% yields weigh. The NY session printed a fresh session low at 63.24 before bouncing back onto the 63.45 pivot, with RSI(14) near 43 and no oversold extreme.
Support: 63.45, 63.235, 63.00
Resistance: 63.72, 64.00, 64.33
What it said to watch
M15 close below the 63.24 session low extends the lower-low chain toward the 63.00 round number
Reclaim of the 63.72 Asian low and the falling-highs trendline breaks the lower-high sequence; 64.00 psych sits next
Recovery through the 64.33 London high retraces the full intraday drop and negates the downtrend read
Fed speak and 10y yields near 5.14% remain the driver; Williams speaks again Fri 09:15 UTC
Asian range broken lower in London; NY range grinding just above the 63.235 session low.
London broke the Asian low at 63.72 as Williams-led hike repricing and 5.14% yields weighed, and NY extended to a 63.235 session low. The old Asian low has since capped every rebound near 63.71, below the 63.78 swing high, while RSI(14) sits in the low 40s with no reversal structure in play.
Support: 63.235, 63.00
Resistance: 63.71, 63.78, 64.00
What it said to watch
M15 close above the 63.78 swing high breaks the lower-high sequence and the 50% retrace of the London drop
Failure to hold the 63.235 session low extends the lower-low chain toward the 63.00 psych level
Reclaim of 64.00, the London breakdown point, would negate the intraday downtrend read
New Home Sales (14:00 UTC) and Fed speaker headlines moving yields could jolt this read
13:47 UTC
Downtrend, compressing near lows · RSI 44 · price 63.413
Lower highs and lower lows below the broken Asian low; tight 63.30–63.78 band since mid-London.
Silver broke the 63.72 Asian low early in London and has since compressed under a descending trendline of lower highs. Williams' hike talk and yields near 5.14% keep the tape heavy. The first NY hour swept the prior low to a 63.235 session low, then closed back near 63.44. RSI(14) is in the mid-40s and ATR runs about 225 pips.
Support: 63.235, 63.00
Resistance: 63.72, 63.78, 64.00
What it said to watch
M15 close above the 63.72 asian low and the descending trendline breaks the lower-high sequence, with the 63.78 fib 50% just above
Acceptance below the 63.235 session low extends the lower-low chain toward the 63.00 round number
Recapture of 64.00 psych would neutralise the London breakdown
New Home Sales at 14:00 UTC and ongoing Fed speak can shift yields and this read
13:32 UTC
Downtrend, consolidating after London leg lower · RSI 42 · price 63.442
Range break of the Asian low, now boxed between 63.35 and 63.72 with flat highs.
London broke the asian low at 63.72 and extended to a 63.30 session low. The move tracked Williams' hike comments and 10y yields near 5.14%. Since then price has held a tight 63.35–63.72 box, with every bounce capped near the 38.2% retracement of the London drop and price back near the swing lows into the NY session.
Support: 63.35, 63.296
Resistance: 63.724, 64.00
What it said to watch
M15 close below the 63.35 swing lows reopens the 63.30 session low
Reclaim of the 63.72 asian low invalidates the consolidation-below-break read; a close above opens the 64.00 round number
New Home Sales at 14:00 UTC and follow-through from Paulson's Fedspeak on yields could shift this read
Failure of the 38.2% fib of the London drop to cap the next bounce would signal the box resolving higher
13:05 UTC
Downtrend, compressing after London flush · RSI 52 · price 63.659
Pennant below broken Asian low, lower highs vs higher lows.
London open broke the Asian range low near 63.72 with an 08:15 UTC flush as Williams' hike comments and 5.14% yields weighed. Since then price has compressed into a pennant between the 63.30 London low and a 63.70 range cap, printing a higher low at 63.35 into the first hour of NY. RSI(14) is neutral near 52 and price is pinned at EMA20.
Support: 63.348, 63.296
Resistance: 63.705, 63.864, 64.00
What it said to watch
M15 close above the 63.705 range cap breaks the pennant top and brings the 63.864 post-drop hi and 64.00 psych into view
Failure of the 63.348 higher low and the 63.296 london low resumes the downtrend below the pennant base
Fed's Paulson (13:00 UTC) and New Home Sales (14:00 UTC) could materially shift this read via yields
Asian range low broken in London; 63.30–63.78 box since, rising lows.
London broke the Asian range low at 63.72 and printed a session low at 63.30. The rebound stalled at the 63.78 range top, near the 50% of the london drop. The 12:30 UTC claims bar swung from 63.70 to a claims low at 63.35 and was bought back above the 63.45 swing low, leaving rising lows under price while hawkish Fed repricing and 5.14% yields keep rallies capped below the old asian low.
Support: 63.45, 63.35, 63.30
Resistance: 63.72, 63.78, 64.00
What it said to watch
M15 close below the 63.45 swing low and 63.30 session low extends the lower-low sequence and breaks the rising lows
Close back above the 63.72 asian low and 63.78 range top reclaims the broken Asian range and exposes the 64.00 round number
Fed's Hammack 12:50 and Paulson 13:00 UTC, then New Home Sales 14:00 UTC, could materially shift this read
Lower highs from 64.33, higher low at 63.37, compressing under 63.78.
London broke the Asian low at 63.72 and sold off from the 64.33 london high to a 63.296 session low as Williams' hawkish remarks lifted yields. Since then a higher low at 63.373 has held and price is pinned near EMA20 at the 38.2% fib of the London leg, capped by the 63.78 swing high. RSI(14) is neutral around 48 and the 63.45 pivot is holding on closes.
Support: 63.45, 63.373, 63.296
Resistance: 63.78, 64.00, 64.328
What it said to watch
M15 close above the 63.78 swing high breaks the lower-high chain and clears the 50% fib, putting the 64.00 round number in play
Failure to hold the 63.45 pivot and the 63.373 higher low exposes the 63.296 session low again
Jobless Claims (12:30 UTC, current bar) and Hammack/Paulson at 12:50/13:00 UTC could materially shift this read
Lower highs after London break of Asian low; 63.30–63.78 range since.
London broke the Asian low at 63.72 and extended the drop to a 63.30 session low, with Williams' hike comments and 5.14% yields weighing. Since then price has held a 63.30–63.78 range under lower highs, with the 63.45 swing low tested three times and RSI(14) near 45.
Support: 63.45, 63.296
Resistance: 63.78, 64.00
What it said to watch
Jobless Claims at 12:30 UTC, then Hammack 12:50 and Paulson 13:00, could materially shift this read within the next few bars
M15 close below the 63.45 swing low, then the 63.30 session low, extends the lower-low chain
Close above the 63.78 range top and the lower highs trendline breaks the post-London descent; 64.00 psych sits above
Rebound into the 38.2–50% zone of the London drop (63.69–63.81) is the area to watch for rejection or break
Asian range broken lower in London; lower highs, compressing 63.30–63.78.
London broke below the Asian range (63.72–64.50) as yields and USD extended after Williams' hawkish remarks, printing a session low at 63.296. The rebound stalled at 63.78, just above the old asian low near the 38.2% of the London drop fib. Price is now compressing into the 63.45 pivot.
Support: 63.45, 63.296
Resistance: 63.724, 63.781, 64.00
What it said to watch
M15 close below the 63.45 pivot exposes the 63.296 session low
Recovery through the 63.72 asian low and the 63.78 rebound high reopens the 64.00 round number
US Initial Jobless Claims 12:30 UTC, then Hammack 12:50 and Paulson 13:00, could materially shift this read
11:47 UTC
Downtrend, lower highs through London · RSI 41 · price 63.494
Lower-high chain from London high; Asian range broken to the downside.
London broke the Asian low at 63.724 on the 08:15 UTC drop, as Williams' hawkish remarks pushed yields to 5.14%, extending lower highs from the 64.328 London high. The 63.296 session low drew a sharp rebound that stalled at 63.78, below the 50% fib of the London drop and back under the Asian low. Price is now pressing the 63.437 swing low with RSI(14) near 41.
Support: 63.437, 63.296
Resistance: 63.724, 64.00, 64.328
What it said to watch
Initial Jobless Claims at 12:30 UTC, then Fed's Hammack 12:50 and Paulson 13:00, could materially shift this read
M15 close below the 63.437 swing low puts the 63.296 session low back in play
Reclaiming the Asian low and 63.78 breaks the lower-highs trendline and stalls the downtrend read
A move back above the 64.00 round number would negate the London range break
Lower highs below the broken Asian range; bounce contained under 63.78.
London broke the Asian range to the downside through the 63.72 Asian low. Hawkish Williams remarks and 5.14% yields pushed the metal to a 63.30 session low at 10:15 UTC. The rebound has stalled at the 63.78 swing high, between the 38.2% and 50% retracement of the London drop, and price is now rotating around 63.60 in late London with RSI(14) near 41.
Support: 63.45, 63.296
Resistance: 63.724, 63.78, 64.00
What it said to watch
US Initial Jobless Claims at 12:30 UTC (f/c 201K), then Hammack and Paulson, could materially shift this read into the NY open
M15 close below the 63.45 break level exposes the 63.30 session low
Close back above the 63.78 swing high and the Asian low breaks the lower-highs sequence
Reclaim of 64.00 psych would mark the flush as exhausting
11:17 UTC
Downtrend, lower highs through London · RSI 40 · price 63.597
Asian range broken lower; lower-high/lower-low chain, bounce off session low.
London broke the Asian range low at 63.72 and stepped down from the 64.33 London high through lower highs to a 63.30 session low. The move tracks Williams' hawkish remarks and 5.14% yields. The 10:15 UTC flush through the 63.45 break level was bought back, but the rebound stalled at the 63.78 lower high under the descending highs line, with price below EMA20 and EMA50 and RSI(14) near 40.
Support: 63.45, 63.296
Resistance: 63.781, 64.00, 64.328
What it said to watch
US Jobless Claims at 12:30 UTC (f/c 201K), then Hammack and Paulson at 12:50 and 13:00, could materially shift this read
An M15 close below the 63.45 break level and the 63.30 session low extends the lower-low chain
A close above the 63.78 lower high and the descending highs line brings psych 64.00 into view, with the 64.33 London high above that
London lower-high/lower-low chain below the broken Asian range low.
London broke the Asian range low at 63.72 and stepped down in lower lows to a 63.30 session low. Hawkish Williams remarks and 5.14% yields kept a falling trendline capping each bounce. The dip swept the 63.44 prior low (the 63.45 break level) before snapping back to a 63.78 bounce high, near the fib 50%. Price is mid-range at 63.57 with RSI(14) near 37 and ATR about 250 pips.
Support: 63.437, 63.296
Resistance: 63.781, 64.00, 64.328
What it said to watch
Close back below the 63.44 prior low, then the 63.30 session low, extends the lower-low sequence
Close above the 63.78 bounce high and trendline breaks the lower-high chain, exposing 64.00 psych and the 64.33 london high
US Jobless Claims at 12:30 UTC (f/c 201K) and Hammack/Paulson at 12:50–13:00 UTC could materially shift this read
Lower highs and lower lows through London; last bar rejected the low and is back at the Asian low.
London broke below the 63.724 Asian low in the 08:15 UTC flush, as Williams' hawkish remarks lifted yields. Price then stepped down in lower highs to a 63.296 session low. The last bar rejected that low and reclaimed the 63.437 swing low, and now sits at the Asian low, the descending highs line and the 38.2% of the London drop, with RSI(14) near 38.
Support: 63.437, 63.296
Resistance: 63.724, 63.864, 64.00
What it said to watch
M15 close above the 63.864 swing high breaks the lower-high chain and brings the 64.00 psych level into view
Failure to hold the 63.437 swing low, near the 63.45 break level, re-exposes the 63.296 session low
US Initial Jobless Claims at 12:30 UTC (f/c 201K), followed by Fed's Hammack and Paulson, could materially shift this read
Asian range broken lower in London; LH/LL chain from 64.33.
London broke the 63.72 asian low at 08:15 UTC and has printed lower highs at 63.86 and 63.73 since. Price is now below the 63.45 break level, with a fresh session low at 63.30, as hawkish Williams commentary and 5.14% yields weigh. RSI(14) sits near 30 but is not at an extreme.
Support: 63.296, 63.00
Resistance: 63.45, 63.73, 64.00
What it said to watch
US Initial Jobless Claims at 12:30 UTC (f/c 201K), then Hammack and Paulson, could materially shift this read
M15 close back above the 63.73 asian low and the lower-highs trendline invalidates the range-break read
Failure to hold the 63.30 session low extends the lower-low chain toward the 63.00 psych level
A reclaim of the 63.45 break level puts the London leg fib 38.2% (~63.69) in focus
Recovery through the 64.00 round number marks the London high as the reference
London broke below the Asian range; lower-high/lower-low sequence since 64.33.
London broke below the Asian low at 63.72 and extended to a 63.44 session low as Williams' hawkish remarks lifted yields. Bounces are capped under 63.73, printing lower highs below a descending trendline, with RSI(14) near 35 and not yet oversold.
Support: 63.437, 63.00
Resistance: 63.724, 64.00, 64.328
What it said to watch
A break of the 63.44 session low, the 63.45 line flagged in the digest, extends the lower-low sequence toward the 63.00 round number
A recovery above the Asian low at 63.72, the lower-highs trendline and 63.78 (38.2% of the London drop) neutralises the intraday downtrend
64.00 psych and the 64.33 London high cap the broader intraday structure
Jobless Claims at 12:30 UTC and Fed's Hammack and Paulson from 12:50 UTC could materially shift this read
Lower highs and lows after Asian range broke lower.
London broke below the Asian low at 63.724 and extended to a session low at 63.437 as Williams' hike signal pushed yields higher. The current bar is a shallow bounce to 63.63 in mid-London, with RSI(14) near 37. Lower highs at the 64.328 london high and the 63.864 swing high are capping the London drop.
Support: 63.437, 63.00
Resistance: 63.724, 63.864, 64.328
What it said to watch
M15 close back above the 63.724 asian low puts price back inside the Asian range and weakens the breakdown read
Break below the 63.437 session low extends the lower-low chain toward the 63.00 round number
A move through the 63.864 swing high breaks the lower-high sequence within the London drop
Initial Jobless Claims at 12:30 UTC and Hammack/Paulson from 12:50 UTC could materially shift this read
09:46 UTC
Downtrend, extending in London · RSI 31 · price 63.473
Lower highs and lower lows below the broken Asian range.
London broke the Asian low at 63.724 at 08:15 UTC and extended the slide to a 63.437 session low. The move came as yields and the USD firmed after Williams' hawkish remarks. Lower highs have formed since the 64.328 London high, RSI(14) is near 31, and price is sitting on the 63.45 line flagged in the digest.
Support: 63.437, 63.00
Resistance: 63.724, 63.864, 64.328
What it said to watch
M15 close back above the asian low at 63.724 would turn the break into a false break
Close above the 63.864 swing high breaks the London lower-high chain
Acceptance below the 63.437 session low leaves the 63.00 round number as the next reference
Initial Jobless Claims at 12:30 UTC and Hammack/Paulson from 12:50 UTC could materially shift this read
Lower highs and lower lows below the broken Asian range.
Williams' hawkish remarks at 08:10 UTC knocked silver through the 63.72 Asian low. The rebound stalled at the 63.86 bounce high, inside the 38.2–50% fib zone of the 64.33–63.51 London leg. Mid-London, lower highs are pressing the 63.50 session low just above the 63.45 range break level, with RSI(14) near 32 and not yet oversold.
Support: 63.50, 63.45
Resistance: 63.724, 63.864, 64.00
What it said to watch
M15 close below the 63.45 range break extends the lower-low sequence
Reclaim of the 63.72 Asian low and the 63.86 bounce high would stall the downleg; 64.00 pivot sits above
Descending line from the 64.50 Asian high caps near 64.27
US Initial Jobless Claims 12:30 UTC and Hammack/Paulson at 12:50/13:00 UTC could materially shift this read
09:18 UTC
Downtrend, pausing after the Williams drop · RSI 40 · price 63.717
Lower highs since Asia, Asian range broken to the downside.
Williams' hawkish remarks early in the London session knocked silver through the 63.724 asian low to a 63.528 session low. Price has since held below that broken level for four bars, capped under the 63.864 post-drop hi. The bounce has retraced only about 23.6% of the Williams drop from the 64.328 London high, and lower highs since Asia remain intact.
Support: 63.528, 63.45
Resistance: 63.724, 63.864, 64.00
What it said to watch
M15 close back above the 63.724 asian low and 63.864 post-drop hi negates the range break
Failure at the 63.528 session low exposes the 63.45 range break level
Reclaim of the 64.00 round number and the lower highs trendline shifts the read to range
US Initial Jobless Claims 12:30 UTC, then Hammack 12:50 and Paulson 13:00, could materially shift this read
Asian range low broken in London, weak bounce back below it.
Early London broke the Asian low at 63.724 after Williams' hawkish remarks at 08:10 UTC and printed a 63.528 session low. The bounce stalled at 63.864, just above the 38.2% fib, and price is back under the Asian low. Lower highs from 64.504 via 64.328 keep the intraday downtrend line intact, with RSI(14) near 38.
Support: 63.528, 63.45
Resistance: 63.724, 63.864, 64.00
What it said to watch
M15 close back above the 63.724 Asian low puts price back inside the overnight range and weakens the break
Clearance of the 63.864 bounce high and the 64.00 round number would challenge the lower-high sequence
Failure to hold the 63.528 session low exposes the 63.45 range break level
US Initial Jobless Claims 12:30 UTC (f/c 201K), then Hammack 12:50 and Paulson 13:00, could materially shift this read
Asian range broken lower in early London; lower highs intact.
Early-London selling broke the 63.724–64.328 Asian range to a 63.528 session low, as the USD held its PMI-driven bid. The bounce stalled at the 63.864 bounce high, near the 38.2% fib. Price is now back retesting the broken asian low, with RSI(14) at 37 and price below both EMAs.
Support: 63.724, 63.528, 63.45
Resistance: 63.864, 64.00, 64.328
What it said to watch
M15 close back above the 63.864 bounce high and 64.00 psych would reopen the Asian range toward the 64.328 asian high
Failure to hold 63.724, then a break of the 63.528 session low, exposes the 63.45 aug range low
US Jobless Claims at 12:30 UTC and Hammack/Paulson from 12:50 UTC could materially shift this read
08:32 UTC
Downtrend, fresh leg lower in London · RSI 36 · price 63.695
Lower highs from 64.504, Asian range low broken, retest from below.
London broke the Asian low at 63.724 and the 63.95 prior base in the 08:15 UTC bar. That bar extended the PMI-driven slide to a 63.528 session low, while lower highs from 64.504 keep capping rebounds. Price is now retesting the Asian low from below, just above the 63.45 aug low, with RSI(14) near 36 and ATR(14) around 228 pips.
Support: 63.528, 63.45
Resistance: 63.724, 63.95, 64.328
What it said to watch
Acceptance back above the 63.724 asian low turns the break into a false break
An M15 close below the 63.528 session low exposes the 63.45 aug low, the bottom of the mid-Aug range
A recovery above the 64.328 london high negates the lower-highs sequence
US Initial Jobless Claims at 12:30 UTC (f/c 201K), then Hammack and Paulson, could materially shift this read
08:18 UTC
Downtrend, basing in a tight range · RSI 41 · price 63.924
63.93–64.33 range since the Asia low, flat highs, floor under pressure.
Silver extended the PMI-driven, USD-led slide into Asia, printing a 63.724 asian low before settling into a 63.93–64.33 range. The London open ran to the 64.33 london high, a 78.6% retrace on the asian drop fib, and was rejected; price is back below the 64.00 round number and pressing the 63.93 range floor, RSI(14) near 41.
Support: 63.93, 63.724, 63.45
Resistance: 64.00, 64.328, 64.504
What it said to watch
M15 close below the 63.93 range floor exposes the 63.724 asian low, with the 63.45 mid-aug low beneath
Reclaim of the 64.00 round number and a close through the 64.33 london high would negate the rejection, with the 64.50 asian high next
US Initial Jobless Claims at 12:30 UTC (f/c 201K) and Hammack/Paulson Fedspeak from 12:50 UTC could materially shift this read
08:03 UTC
Downtrend, stalling in a tight range · RSI 47 · price 64.097
Post-selloff range 63.93–64.33 below Asian high.
Silver is still digesting Wednesday's PMI-driven NY-session drop from 65.34. It has been boxed in a 63.93–64.33 range since the Asian low at 63.724, capped by a series of lower highs off the 64.504 Asian high. Early London printed a rejection at the 64.33 range high, and price is now mid-range near 64.10 with RSI(14) neutral around 47.
Support: 63.93, 63.724
Resistance: 64.33, 64.504
What it said to watch
Fed's Williams at 08:10 UTC and Jobless Claims at 12:30 UTC could materially shift this read
M15 close below the 63.93 range low exposes the 63.724 Asian low
M15 close above the 64.33 range high breaks the lower-highs line and brings the 64.504 Asian high into view
63.93–64.33 range with higher lows under the Asian high.
Silver is basing in a 63.93–64.33 range after the PMI-driven slide from 66.13 and an Asia-session low at 63.72. London open bounced off the range floor and price is pressing the range top, which sits on the 23.6% retrace, with the Asian high at 64.50 capping the recovery so far.
Support: 63.93, 63.724
Resistance: 64.33, 64.50
What it said to watch
M15 close above the 64.33 range top puts the 64.50 Asian high and the 38.2% retrace near 64.64 in play
Loss of the 63.93 range floor breaks the higher-lows line and re-exposes the 63.72 Asian low
Fed's Williams at 08:10 UTC and Jobless Claims at 12:30 UTC could materially shift this read
07:32 UTC
Downtrend, stalling into a range · RSI 57 · price 64.277
Lower highs from 64.504; flat base at 63.93, range 63.93–64.32 since the Asia low.
Wednesday's slide after the US PMI beats extended to a 63.724 session low in Asia. Price has since held a 63.93–64.32 range, with the range floor defended four times into London open. The first London hour lifted price into the 64.32 range top, which lines up with the 50% fib of the 64.906–63.724 drop. RSI(14) is near 57.
Support: 63.93, 63.724
Resistance: 64.32, 64.504
What it said to watch
M15 close above the 64.32 range top opens the 64.504 swing high
Failure to hold the 63.93 range floor exposes the 63.724 session low
Fed's Williams at 08:10 UTC and Jobless Claims at 12:30 UTC (f/c 201K) could materially shift this read
07:17 UTC
Downtrend, stalling above the Asian low · RSI 51 · price 64.178
63.93–64.32 range since Asian low.
Silver's slide on the US PMI beats and hawkish Fedspeak bottomed at the 63.724 Asian low. Since then price has held a 63.93–64.32 range, and the London open dipped to the range floor and was rejected back to 64.21. Price sits on the 38.2% retracement of the post-PMI high to Asian low leg (64.906–63.724), RSI(14) is neutral near 51, and the 50% level lines up with the 64.32 range top.
Support: 63.93, 63.724
Resistance: 64.32, 64.504
What it said to watch
M15 close below the 63.93 range floor exposes the 63.724 Asian low
Close above the 64.32 range top (50% fib) opens the 64.50 Asian high
Fed's Williams at 08:10 UTC and Jobless Claims at 12:30 UTC could materially shift this read
07:03 UTC
Downtrend, pausing in a tight range · RSI 48 · price 64.016
Lower highs from Wednesday; Asia-session range 63.93–64.32 at London open.
Silver extended Wednesday's PMI-driven slide into Asia, printing a 63.724 Asia low before boxing into a 63.93–64.32 range. The rebound stalled near the 76% retrace of the Asia swing fib (64.50–63.72), and London opens with price pressing the 64.00 round number just above the range floor, below both EMAs.
Support: 64.00, 63.93, 63.724
Resistance: 64.32, 64.50
What it said to watch
M15 close below the 63.93 range floor opens a retest of the 63.724 Asia low
M15 close above the 64.32 range top invalidates the range read and exposes the 64.50 Asia high
Fed's Williams at 08:10 UTC and Jobless Claims at 12:30 UTC (f/c 201K) could materially shift this read
06:46 UTC
Downtrend, pausing in a tight range · RSI 51 · price 64.128
Lower highs compressing into a 63.93–64.32 range above the Asian low.
Silver extended Wednesday's PMI-driven slide into Asia, dropping to the 63.724 Asian low before settling into a 63.93–64.32 range ahead of London open. Lower highs from the 64.50 swing high are squeezing price near 64.12, around the midpoint of the Asian drop. RSI(14) is neutral near 51.
Support: 63.93, 63.724
Resistance: 64.32, 64.504
What it said to watch
M15 close below the 63.93 range low exposes the 63.724 Asian low
Close above the 64.32 range high breaks the lower highs line, with the 64.50 swing high next
Fed's Williams at 08:10 UTC and Jobless Claims at 12:30 UTC could materially shift this read
06:31 UTC
Downtrend, pausing · RSI 48 · price 64.084
Lower highs into 63.95–64.32 range above Asian low.
Silver extended Wednesday's PMI-driven slide in Asia to a 63.724 Asian low, then compressed into a 63.95–64.32 range sitting on the 50% fib of the 64.50–63.72 drop. The lower highs line is capping the range top, RSI(14) neutral near 48 with London open minutes away.
Support: 63.95, 63.724
Resistance: 64.32, 64.53
What it said to watch
M15 close above the 64.32 range top and the lower highs line challenges the down-sequence, exposing the 64.53 Asian high
Failure to hold the 63.95 range floor puts the 63.724 Asian low back in play
Williams at 08:10 UTC and Jobless Claims at 12:30 UTC (f/c 201K) could materially shift this read
06:17 UTC
Downtrend, pausing in late Asia · RSI 52 · price 64.213
Lower highs since yesterday's NY session; Asia range 63.95–64.32 above a 63.724 session low.
Silver extended the post-PMI, Fed-hawk selloff into Asia, printing a 63.724 session low before settling into a 63.95–64.32 range. The range floor held twice in the last hour, and price is now at the 61.8% level of the Asia fib (64.504 asian high to 63.724), pressing the lower-highs trendline into London open, with RSI(14) neutral near 52.
Support: 63.95, 63.724
Resistance: 64.323, 64.504
What it said to watch
M15 close above the 64.323 range top breaks the lower-highs trendline and puts the 64.504 asian high back in play
Failure to hold the 63.95 range floor reopens the 63.724 session low
Fed's Williams at 08:10 UTC and Jobless Claims at 12:30 UTC (f/c 201K) could materially shift this read
Lower highs off 64.906; tight 63.95–64.32 band since the 63.724 Asian low.
Silver extended Wednesday's slide into Asia after the hot US PMIs and hawkish Fedspeak, printing the 63.724 Asian low before settling into a 63.95–64.32 band. The falling trendline off 64.906 capped the 05:00 UTC push at 64.323. Price sits just above the 63.953 swing low ahead of London open, RSI(14) near 40.
Support: 63.953, 63.724
Resistance: 64.323, 64.531
What it said to watch
M15 close above the 64.323 trendline breaks the lower-high sequence and puts the 64.531 Asian high back in play
Failure to hold the 63.953 swing low, then the 63.724 Asian low, extends the lower-low chain toward 63.45 support
Fed's Williams at 08:10 UTC and Initial Jobless Claims at 12:30 UTC (f/c 201K) could materially shift this read
05:46 UTC
Downtrend, pausing in late Asia · RSI 46 · price 64.053
Lower highs from 64.504; tight 63.97–64.32 box.
Silver extended Wednesday's PMI-driven slide into Asia, printing an Asian low at 63.724 before compressing into a 63.97–64.32 box below EMA20 and EMA50. Lower highs from the 64.504 Asian high still cap bounces, with price sitting near the range floor ahead of London open.
Support: 63.97, 63.724
Resistance: 64.323, 64.504
What it said to watch
M15 close below the 63.97 range floor puts the 63.724 Asian low back in play
Close above the 64.323 range top breaks the lower-highs line and opens the 64.504 Asian high
Williams at 08:10 UTC, then Jobless Claims at 12:30 UTC (f/c 201K) could materially shift this read
05:31 UTC
Downtrend, pausing in late Asia · RSI 54 · price 64.19
Tight 64.00–64.32 consolidation with shallow higher lows.
Silver extended Wednesday's PMI-driven slide in Asia, dropping to the 63.72 asian low before recovering into a tight 64.00–64.32 band. Price is stalling near the 61.8% retrace of the 64.50–63.72 drop, and the higher lows line off 63.72 is still intact. The Asian range of 63.72–64.53 remains unbroken with London yet to open.
Support: 64.00, 63.72
Resistance: 64.32, 64.53
What it said to watch
M15 close above the 64.32 session high opens the 64.53 asian high
Loss of 64.00 psych and the higher lows line puts the 63.72 asian low back in focus
Fed's Williams at 08:10 UTC and Jobless Claims at 12:30 UTC could materially shift this read
05:16 UTC
Downtrend, stalling in late Asia · RSI 54 · price 64.175
Higher low off 63.724, compressing under 64.32.
Silver extended Wednesday's slide, driven by the US PMI beats, into Asia and printed a session low at 63.724. It then carved a higher low at 63.967 along a line of rising lows. Into London open, price is coiling just under the 64.323 swing high and above the 50% retracement of the Asian drop, with RSI(14) neutral near 54 and the 64.531 Asian high still intact.
Support: 63.967, 63.724
Resistance: 64.323, 64.531
What it said to watch
M15 close above the 64.323 swing high puts the 64.531 Asian high back in play
Failure to hold the 63.967 higher low breaks the rising lows and re-exposes the 63.724 session low
Loss of the Asian drop fib 50% at 64.11 weakens the recovery read
Fed's Williams at 08:10 UTC and Initial Jobless Claims at 12:30 UTC (f/c 201K) could materially shift this read
05:06 UTC
Downtrend, stalling in Asia · RSI 52 · price 64.206
Higher low off Asia low, compressing below swing high.
Silver extended Wednesday's PMI-driven slide into the Asia session, with a false break of the 64.00 psych level to a 63.724 Asia low before recovering. A higher low at 63.967 followed, and price is now pressing the 61.8% of the Asia range fib just under the 64.272 swing high. RSI(14) is near 52 and ranges are compressing ahead of London open.
Support: 63.967, 64.00, 63.724
Resistance: 64.272, 64.531
What it said to watch
M15 close above the 64.272 swing high opens the Asia high at 64.531
Loss of the 63.967 higher low and the rising lows line puts the 63.724 Asia low back in focus
Fed's Williams at 08:10 UTC and Initial Jobless Claims at 12:30 UTC (f/c 201K) could materially shift this read
Lower highs capping a 63.97–64.27 coil inside the Asian range.
Silver extended Wednesday's PMI-driven slide into the Asia session. It printed a 63.724 Asian low before demand stepped in, and has since coiled between the 63.967 swing low and the 64.272 swing high on a line of lower highs. The 04:30 UTC push stalled at 64.225, the 61.8% of the asian leg fib, with RSI(14) near 44 and price just under both EMAs.
Support: 63.967, 63.724
Resistance: 64.272, 64.531
What it said to watch
M15 close below the 63.967 swing low and 64.00 exposes the 63.724 asian low
Close above the 64.272 swing high breaks the lower highs line and reopens the 64.531 asian high
London open around 07:00 UTC is the first test of the Asian range
Fed's Williams at 08:10 UTC and Jobless Claims at 12:30 UTC (f/c 201K) could materially shift this read
04:31 UTC
Downtrend, pausing near 64.00 · RSI 39 · price 64.124
Lower highs from the Asian high; tight 63.97–64.27 band after a false break of 64.00.
Silver extended Wednesday's PMI-driven slide into late Asia session, spiking to the 63.724 asian low before snapping back above 64.00. It is now compressing between the 63.967 swing low and the 64.272 swing high, capped by the ema20 near 64.16 and a line of lower highs off the 64.50 area. Price sits near the 50% of the Asian leg fib; RSI(14) ~39 and ATR(14) ~178 pips.
Support: 63.967, 63.724
Resistance: 64.16, 64.272, 64.531
What it said to watch
M15 close above the 64.272 swing high breaks the lower-highs line and exposes the 64.53 asian high
Failure to hold the 63.967 swing low puts the 63.724 asian low back in play
Fed's Williams at 08:10 UTC, shortly after London open, could materially shift this read
Initial Jobless Claims at 12:30 UTC (f/c 201K), then Hammack and Paulson, are the main volatility risk for NY hours
04:17 UTC
Downtrend, pausing in late Asia · RSI 41 · price 64.095
Lower highs from 64.50; compression between 63.97 and 64.27 after the 63.72 Asia low.
Asia extended Wednesday's PMI and Fed-hawk slide to a 63.724 Asia low. Price is now compressing between a 63.97 higher low and the 64.272 swing high, capped by a descending line of lower highs from 64.50. RSI(14) sits near 41, price is below EMA20 and EMA50, and London has yet to open.
Support: 63.967, 63.724, 63.45
Resistance: 64.272, 64.531
What it said to watch
An M15 close below the 63.97 higher low reopens the 63.724 Asia low, with the 63.45 range floor beyond
A close above the 64.272 swing high breaks the lower-high line and exposes the 64.53 Asia high
Fed's Williams at 08:10 UTC and Jobless Claims at 12:30 UTC (f/c 201K) could materially shift this read
Lower highs and lower lows through Asia; holding just above the 63.724 session low.
Silver extended Wednesday's PMI-driven slide from 66.714 into the Asia session. A wick below the 63.95 swing low marked the 63.724 Asian low before price snapped back to 64.00. Lower highs at 64.504 and the 64.272 swing high keep the intraday downtrend intact, with price under both EMAs and RSI(14) near 43 ahead of London open.
Support: 63.95, 63.724
Resistance: 64.272, 64.531, 64.906
What it said to watch
M15 close below the 63.724 Asian low extends the lower-low chain toward the 63.45 range floor
Failure to hold the 63.95 swing low puts the Asian low back in play
Close above the 64.272 swing high breaks the lower-high trendline; the 64.531 Asian high and the 64.906 NY high sit above
Fed's Williams at 08:10 UTC and jobless claims at 12:30 UTC could materially shift this read
03:32 UTC
Downtrend, stalling at 64.00 · RSI 42 · price 64.052
Lower highs and lower lows through Asia, compressing just above 64.00.
Asia extended Wednesday's slide after the hot US PMI beat. Price printed lower highs at the 64.504 asian high and the 64.272 lower high, plus a session low at 63.724, before settling on the 64.00 psych handle. RSI(14) is near 42 with price below both EMAs; the last five bars are compressing in a roughly 20-cent band.
Support: 64.00, 63.724, 63.45
Resistance: 64.272, 64.504
What it said to watch
M15 close above the 64.272 lower high breaks the Asia lower-high sequence and puts the 64.504 asian high back in play
Failure to hold 64.00 psych and the 63.724 session low exposes the 63.45 range floor
Fed's Williams at 08:10 UTC and US jobless claims at 12:30 UTC could materially shift this read
Lower highs from 64.906 post-PMI high; fresh Asian low 63.724, bounce capped at 64.272.
Silver extended the hot-PMI, USD-led slide into the Asia session, sweeping 63.958 to a fresh asian low at 63.724 before demand returned at the 64.00 psych level. The rebound was rejected at 64.272, a 61.8% retrace of the asian leg that set another lower high under the downtrend line from the 64.906 post-pmi hi, with RSI(14) near 42 and price below both EMAs.
Support: 64.00, 63.724
Resistance: 64.272, 64.504, 64.906
What it said to watch
M15 close above the 64.272 lower high breaks the micro lower-high chain; the 64.504 asian high and downtrend line sit next
Failure to hold 64.00 psych and the 63.724 asian low extends the lower-low sequence toward 63.45
Fed's Williams at 08:10 UTC and Jobless Claims at 12:30 UTC (f/c 201K) could materially shift this read
Lower highs since NY; 64.00 swept in late Asia, price retracing.
The post-PMI slide carried into the Asia session. Highs stayed capped under the descending trendline near the 64.50 Asian high, and a sweep below 64.00 psych printed a 63.724 session low before a bounce. Price is now retesting 64.20, where the 61.8% of the Asian drop meets yesterday's NY low, with RSI(14) at 44 and price below EMA20/50.
Support: 64.00, 63.724
Resistance: 64.222, 64.504
What it said to watch
A close back below 64.00 psych after the sweep would resume the lower-low chain toward the 63.724 session low.
Acceptance above the 64.22 NY low and the descending trendline near 64.44 would break the lower-high sequence, bringing the 64.50 Asian high into view.
Fed's Williams at 08:10 UTC and Jobless Claims at 12:30 UTC (f/c 201K) could materially shift this read during London/NY hours.
Lower-high chain from NY into Asia; sweep below 64.00 reclaimed.
Silver fell through yesterday's London and NY sessions on the PMI beats and a firmer USD. Early Asia broke the 64.22 NY low, and a 64.50 swing high capped the bounce before a sweep to a 63.72 session low. That sweep closed back above the 64.00 round number. Price is holding between the 38.2% and 50% retracement of that leg, and lower highs are still capped by the descending trendline.
Support: 64.00, 63.724
Resistance: 64.222, 64.504
What it said to watch
Close back below the 64.00 round number turns the sweep into a lower-low extension through the 63.72 session low
Recovery above the 64.22 NY low puts the 64.50 swing high and lower-highs trendline (~64.45) in play
Williams at 08:10 UTC and Jobless Claims at 12:30 UTC (f/c 201K) could materially shift this read
02:16 UTC
Downtrend, lower lows into Asia · RSI 38 · price 64.051
Lower highs and lower lows since the PMI drop; $64.00 swept, close back above.
The mid-Asia session extended the post-PMI downtrend. Price rejected the Asia high at 64.504 and printed a lower low at the 63.724 session low, where the 02:00 UTC bar closed back above the $64.00 psych level after a sweep. Lower highs from 64.906 keep the descending trendline intact, with RSI(14) near 38 and not yet oversold.
Support: 64.00, 63.724
Resistance: 64.222, 64.504
What it said to watch
M15 close below the 63.724 session low confirms another lower low beneath $64.00 psych
Reclaim of 64.222 prior low, then the 64.504 Asia high, would break the lower-high chain and the descending trendline
Fed's Williams at 08:10 UTC and Jobless Claims at 12:30 UTC (f/c 201K) could materially shift this read
Lower highs from 64.906; Asian range 63.958–64.531.
Silver extends the slide that followed yesterday's hot S&P Global PMIs, with a lower-highs sequence running from the 64.906 pmi high. In the Asia session price dipped through the 64.00 psych to an asia low of 63.958, and the rebound was rejected at the asia high near 64.50. Price sits at 64.13, below both EMAs, with RSI(14) near 37.
Support: 64.00, 63.958, 63.45
Resistance: 64.504, 64.906
What it said to watch
M15 close above the 64.50 asia high breaks the lower-highs trendline and neutralises the downtrend read
Loss of the 63.958 asia low and the 64.00 psych exposes the 63.45 range floor
Hold above 64.00 through Asia keeps price inside the 63.958–64.531 Asian range
Fed's Williams at 08:10 UTC and Jobless Claims at 12:30 UTC could materially shift this read
Reclaim of the 64.906 pmi high would erase the post-PMI lower-high structure
Lower highs from the NY high; 64.00 swept and reclaimed, capped at the Asian high.
Silver extended the slide from 67.39 through the hot US PMI prints, then swept below 64.00 to a 63.958 session low early in the Asia session before reclaiming the level. The bounce stalled at the 64.50 Asian high and sits under the lower highs line from the 64.906 NY high. Demand has held the 64.10 retest low twice.
Support: 64.105, 63.958, 63.45
Resistance: 64.52, 64.906
What it said to watch
M15 close below the 64.10 retest low reopens the 63.958 session low and the 64.00 pivot
Acceptance under 63.958 exposes the 63.45 range floor cited in the macro digest
M15 close above the 64.52 Asian high and the lower highs line breaks the sequence toward the 64.906 NY high
Williams at 08:10 UTC and Jobless Claims at 12:30 UTC (f/c 201K) could materially shift this read
Lower highs from 67.39 intact; Asian false break of 64.00 reclaimed, higher low at 64.10.
The drop from 65.34 on the hot US PMIs and a firmer USD extended into the Asia session with a false break of 64.00 to 63.96, reclaimed within the bar. The rebound is stalling at the Asian high of 64.53, near the 38.2% retracement of the PMI drop. A higher low at 64.10 is the first marker, and the post-PMI high at 64.91 still caps the lower-high sequence.
Support: 64.103, 63.958
Resistance: 64.531, 64.906
What it said to watch
M15 close above the 64.53 Asian high opens the path to the 64.91 post-PMI high
Failure to hold the 64.10 higher low and a break of the 63.96 Asian low resumes lower lows toward 63.45
Fed's Williams at 08:10 UTC and Initial Jobless Claims at 12:30 UTC (f/c 201K) could materially shift this read
Lower highs since the post-PMI bounce; Asia swept 64.00 then recovered.
Silver extended the slide from the hot US PMI beats. Asia swept below 64.00 to the 63.958 asian low before snapping back, but the rebound stalled at the 64.417 bounce high, just under the 50% retracement of the 64.906 ny swing hi to 63.958 leg. Lower highs down to the 64.531 asian high keep the descending trendline intact, with price below both EMAs and RSI(14) near 43.
Support: 64.107, 63.958
Resistance: 64.417, 64.531, 64.906
What it said to watch
Loss of the 64.107 higher low puts the 63.958 asian low back in play, with 63.45 the next macro floor below
M15 close above the 64.531 asian high breaks the lower-high sequence and the descending trendline
Clearing the 64.417 bounce high reclaims the 50% retracement of the 64.906–63.958 leg
A move back toward the 64.906 ny swing hi would retrace the full post-PMI extension
Fed's Williams at 08:10 UTC and US jobless claims at 12:30 UTC (f/c 201K) could materially shift this read
Lower-high chain from 64.906, Asia swept 64.00 and reclaimed it.
Silver extended the slide after the PMI beat. Since the NY swing high at 64.906, every bounce has printed a lower high, the latest at 64.531 after the reopen. Asia swept below 64.00 to the 63.958 asian low and closed back above, but price is still capped under the prior low at 64.289, with RSI(14) near 34.
Support: 63.958, 63.45
Resistance: 64.289, 64.531, 64.906
What it said to watch
M15 close below the 63.958 asian low extends the lower-low chain toward the 63.45 range floor
Close above the 64.289 prior low and the lower-highs trendline near 64.40 challenges the downtrend read; the 64.531 lower high is next
A move back above the 64.906 swing high would retrace the full fib and invalidate the downtrend
Fed's Williams at 08:10 UTC and jobless claims at 12:30 UTC (f/c 201K) could materially shift this read
Lower-high chain; Asian range broken lower, sweep of 64.00 rejected.
Silver extended the post-PMI slide with a chain of lower highs through NY. Early Asia broke the 64.38–64.53 Asian range lower and swept below 64.00 to an asia low of 63.958 before snapping back to 64.20. Price now sits just under the prior ny low at 64.222 and below both EMAs, with RSI(14) near 34.
Support: 63.958, 63.45
Resistance: 64.222, 64.531, 64.906
What it said to watch
M15 close back above the ny low at 64.222 would neutralise the break below the Asian range
Close above the lower-highs trendline and the 64.531 asian high reopens the post-pmi hi at 64.906
Failure to hold the 63.958 asia low confirms a lower-low and exposes the 63.45 range floor
Fed's Williams at 08:10 UTC and Initial Jobless Claims at 12:30 UTC (f/c 201K) could materially shift this read
00:16 UTC
Downtrend, grinding lower · RSI 35 · price 64.218
Lower highs from 64.906; Asia broke below NY low.
Silver is extending the PMI-driven slide from the 67.50 area. Early Asia has slipped below the ny low at 64.222 and printed a session low of 64.145, with lower highs capping from the 64.906 ny high. RSI(14) near 35 is not oversold, and the 64.00 round number is the next reference below.
Support: 64.145, 64.00
Resistance: 64.222, 64.531, 64.906
What it said to watch
M15 close back above the 64.222 ny low turns the break into a false break
Failure to hold the 64.145 session low exposes the 64.00 round number
Close above the 64.531 session high breaks the lower-high trendline
Fed's Williams (08:10 UTC) and Jobless Claims (12:30 UTC) could materially shift this read