Silver collapsed from ~67 on Monday through 60 and into the high-56s as the dollar pushed to one-year highs, printing a 55.63 seven-month low before stabilizing. An in-line Core PCE removed fresh downside fuel and price has based in a 56.50–58.99 range, now hovering at the H1 EMA20 with RSI back near 47 after deeply oversold readings. The 58.30 supply shelf and the 58.99 bounce high have capped the recovery; the broader sequence of lower highs is still intact.
Support: 56.53, 55.63
Resistance: 58.30, 58.99
What it said to watch
H1 close above 58.99 invalidates the lower-high sequence
Loss of 55.63 seven-month low opens deeper losses
Michigan sentiment + inflation expectations Fri 14:00 UTC could shift this read
Silver was crushed this week from Monday's ~66.5 down through the high-$56s, bottoming at 55.63 before an oversold bounce as an in-line US Core PCE removed fresh downside fuel. Price has spent the last day chopping 57.0–58.3 above a reclaimed EMA20, carving a series of higher lows off the low. The 58.80 swing high capped the recovery and remains the immediate ceiling.
Support: 55.63
Resistance: 58.30, 58.80
What it said to watch
H1 close below 55.63 reopens the lower-low sequence
Reclaim of 58.80 needed to extend the corrective bounce
UoM Michigan sentiment + inflation expectations (Fri 14:00 UTC) and Fed speakers could shift this read
22:03 UTC
Downtrend, stabilising after washout · RSI 49 · price 57.845
Corrective bounce off the week low.
Silver collapsed all week from the 65 area, printing fresh 2026 lows into a 55.63 week low as hawkish-Fed repricing drove the USD to one-year highs. Price has since carved a corrective bounce, reclaiming the H1 EMA20 with RSI lifting back off oversold; the in-line Core PCE print yesterday removed fresh downside fuel and let the slide pause. The 58.99 bounce high capped the recovery and price has rolled back toward the EMA20.
Support: 55.63
Resistance: 58.99, 59.55
What it said to watch
H1 close above 58.99 bounce high opens the path toward the prior high at 59.55 and the EMA50
Loss of the 55.63 week low confirms downtrend continuation to fresh lows
UoM Michigan sentiment + inflation expectations Fri 14:00 UTC could materially shift this read
Silver was routed from ~67 on Monday through 60 and into the mid-56s as a hawkish-Fed repricing drove the USD to one-year highs. An in-line Core PCE late in the week removed fresh downside fuel, and a deeply oversold tape has since bounced off the 55.63 seven-month low toward 59 before stalling in the high-57s. Price has reclaimed the EMA20 but sits below the EMA50, with the move still corrective inside a dominant downtrend.
Support: 55.63
Resistance: 58.99
What it said to watch
UoM Michigan sentiment + inflation expectations Fri 14:00 UTC could materially shift this read
Hourly close above 58.99 extends the corrective bounce
Loss of 55.63 confirms a fresh lower low and opens deeper losses
Lower lows into 55.61, corrective bounce off the low.
Silver collapsed from ~65 at Monday's open through 60 and 58.75 into a 55.61 print, with every session this week extending the slide. An in-line Core PCE removed fresh downside fuel and triggered an oversold bounce that retraced almost exactly 50% of the final leg, stalling at 58.99. Price now holds above the H1 EMA(20) near 57.6 but sits below the EMA(50), consolidating in the high-57s.
Support: 57.00, 55.609
Resistance: 58.99, 59.55
What it said to watch
UoM Michigan sentiment + inflation expectations Fri 14:00 UTC could materially shift this read
H1 close back below 57.00 reopens the 55.61 week low
Silver collapsed from ~65 at Monday's open through 60 and into the 55.63 seven-month low as hawkish-Fed repricing drove the USD to year highs. An in-line Core PCE late in the week removed fresh downside fuel and the metal has stabilised, building a 57-59 consolidation above EMA(20) with RSI(14) recovering to mid-range. The 58.99 swing high has capped the bounce, while EMA(50) still sits overhead reflecting the dominant decline.
Support: 55.63
Resistance: 58.99, 60.01
What it said to watch
H1 close above 58.99 swing high extends the corrective bounce toward the 38.2% fib at 60.01
Loss of 55.63 seven-month low opens deeper losses
Fri 14:00 UTC UoM Michigan sentiment / inflation expectations plus Fed speakers could shift this read
Silver collapsed all week from ~65 toward the 55.63 base as hawkish-Fed repricing drove the USD to fresh highs, but an in-line Core PCE removed downside fuel and price has carved a rounded base off 55.6. The recovery has reclaimed EMA(20) with RSI cycling back to neutral near 53, yet price still sits below EMA(50) and the 58.80 swing high has capped the latest push. Structure remains a series of lower highs from the selloff against rising intraday higher-lows since Tuesday's low.
Support: 55.63
Resistance: 58.80
What it said to watch
Reclaim of 58.80 swing high needed to extend the corrective bounce
Loss of 55.63 week low opens deeper losses
UoM Michigan sentiment + inflation expectations Fri 14:00 UTC could shift this read
Fed speakers (Williams 14:30, Kashkari 15:30) a near-term risk to the USD bid
Lower lows into a base, corrective recovery off the week low.
Silver collapsed from ~67 at Monday's open through the mid-50s as the USD pushed to 1-year highs, with each session printing fresh lows. The week low at 55.609 held and a double bottom near the 56.534 swing low has fuelled an oversold bounce that has reclaimed EMA(20), with price now at 57.945 but stalling below the 58.987 swing high; in-line Core PCE yesterday removed fresh downside fuel. RSI(14) has lifted off oversold back into the mid-50s.
Support: 56.534, 55.609
Resistance: 58.987, 59.587
What it said to watch
H1 close above the 58.987 swing high opens the path toward the 59.587 prior high
Failure to hold the 56.534 swing low reopens the 55.609 week low
UoM Michigan inflation expectations Fri 14:00 UTC plus Williams/Kashkari Fed-speak could shift this read
Silver collapsed near 12% this week from the 67 area into the 56.5 week low, driven by hawkish-Fed USD repricing, then found a tentative footing after an in-line core PCE print removed a hawkish tail. Price has reclaimed EMA(20) on a corrective bounce off the lows, with RSI(14) recovering from stretched oversold toward the midline, but it remains inside the descending channel below EMA(50). The 58.99 session high capped the latest push.
Support: 56.53, 55.61
Resistance: 58.99, 59.51
What it said to watch
H1 close above 59.51 swing high would break the channel of lower highs
Failure to hold 56.53 week low reopens the 55.61 channel low
Fed's Williams/Goolsbee speak tonight could materially shift this read
Lower highs and lows, oversold bounce off week low.
Silver collapsed from ~$67 Monday through $60 and $58.75 into a $55.61 week low as hawkish-Fed repricing drove the USD to one-year highs. An in-line core PCE print removed a hawkish tail and sparked an oversold bounce, lifting price back above EMA(20) near $57.6, but the move stays contained within the descending channel below EMA(50). RSI(14) has recovered off ~27 to mid-40s — corrective, not a structural turn.
Support: 55.609
Resistance: 59.59
What it said to watch
Hourly close above 59.59 swing high would extend the bounce toward the $61-63 zone
Loss of 55.61 week low opens deeper losses toward $55 psych
Fed's Williams (19:40 UTC) and Goolsbee (22:30 UTC) speeches could materially shift this read
Silver collapsed from ~65 on Monday through 60 and 58 into a 7-month low at 55.61 as firm US data and a hawkish-Fed repricing drove the USD to one-year highs. Price has staged a corrective bounce off that low through the NY session, reclaiming the H1 EMA(20) and lifting RSI off oversold; the move stalled near 58.99. The recovery remains contained inside the descending channel that has framed the entire week's decline.
Support: 56.534, 55.609
Resistance: 58.987, 60.602
What it said to watch
H1 close above 60.60 swing high would break the channel top and challenge the downtrend
Failure to hold the EMA(20) and a slide back below 56.53 reopens the 55.61 week low
Fed's Williams (19:40 UTC) and Goolsbee (22:30 UTC) could materially shift this read
Silver has bled lower since Monday's open, sliding from ~67 through 60 and into the 55.63 seven-month low as firm US data and a one-year-high dollar reinforced the higher-for-longer narrative. NY session staged a corrective bounce off that low, reclaiming EMA(20) near 57.5 and tagging 58.99 before fading to 58.28; the in-line core PCE print removed a hawkish tail and supported the lift. The move remains capped under the descending channel and below EMA(50), so the dominant trend stays down.
Support: 57.05, 55.63
Resistance: 58.99
What it said to watch
H1 close above 58.99 session high needed to extend the bounce toward the channel top
Failure to hold 57.05 swing low reopens the 55.63 seven-month low
Fed's Williams (19:40 UTC) / Goolsbee (22:30 UTC) fedspeak could materially shift this read
Silver collapsed ~12% this week from ~$65 at Monday's open into the $55.60–56.53 zone, printing 7-month lows on hawkish-Fed/USD repricing. Through the NY session price reclaimed EMA20 near 57.6 and pushed to 58.99 as an in-line core PCE print removed a hawkish tail; the move sits inside the descending channel and is corrective for now. EMA50 near 60 still caps above and frames the broader downtrend.
Support: 56.534, 55.63, 55.00
Resistance: 58.99, 60.00
What it said to watch
Fed's Williams (19:40 UTC) and Goolsbee (22:30 UTC) speeches could materially shift this read
Reclaim of 60.00 round number needed to challenge the lower-high structure
17:04 UTC
Downtrend, corrective bounce in play · RSI 45 · price 58.269
Lower highs / lower lows, basing off 7-month low.
Silver has been in freefall since Monday's open, sliding from ~65 through 60 and into the 56.5 swing low as a hawkish-Fed/USD repricing pressured the metal to 7-month lows. An in-line core PCE print during the NY session removed a hawkish tail and fuelled a corrective bounce off 56.534 back above EMA20 toward the 58.99 session high. The move remains contained within the descending channel and below EMA50, so the recovery reads as corrective against a still-dominant downtrend.
Support: 56.534, 55.63
Resistance: 58.987, 60.602
What it said to watch
Loss of 56.534 reopens the 55.63 7-month low
H1 close above 60.602 would challenge the descending channel
Fed's Williams (19:40 UTC) / Goolsbee (22:30 UTC) could materially shift this read
Failure to hold above EMA20 confirms bounce exhaustion
Silver collapsed ~12% this week from $65 into the $55–57s on USD strength near 13-month highs, printing a 7-month low at 55.61 before today's in-line PCE removed a hawkish tail. Price has carved a corrective bounce off those lows through the NY session, reclaiming EMA20 with RSI lifting out of oversold and a bullish divergence formed at the 55.61 print. The descending channel from Monday's high still frames the move; 58.99 is the immediate barrier.
Support: 57.00, 56.53, 55.61
Resistance: 58.99, 60.00
What it said to watch
H1 close above 60.00 challenges the descending channel read
Failure to hold 57.00 reopens the 56.53/55.61 lows
Fed's Williams (19:40 UTC) and Goolsbee (22:30 UTC) speak today could shift this read
Lower highs into 7-month low, bounce off week low.
Silver collapsed ~12% this week from ~65 Monday through 60 and 58.75 into the 55.61 seven-month low, an extended downtrend held inside a descending channel. The last NY session produced a sharp corrective bounce — in-line US PCE removed a hawkish tail risk and triggered short-covering, lifting price back above EMA20 to 58.80. The bounce remains capped below the 58.99 session high and the broader channel top.
Support: 57.01, 55.609
Resistance: 58.987, 60.00
What it said to watch
Fed's Williams (19:40 UTC) and Goolsbee (22:30 UTC) could materially shift this read
Failure to hold 57.01 reopens the 55.61 week low
H1 close above 60.0 round number would challenge the channel top
Lower highs and lower lows inside descending channel.
Silver collapsed roughly 18% from Monday's ~65 open into 7-month lows near 55.61/56.53 this week as a hawkish-Fed/strong-USD repricing dominated. An in-line core PCE print today removed a hawkish tail and triggered a corrective bounce in the NY session to 58.99 before fading back to 57.85, leaving RSI(14) stretched in oversold territory. Price has reclaimed the EMA(20) but sits well below the EMA(50), with the broader descending channel intact.
Support: 56.534, 55.609
Resistance: 58.987
What it said to watch
Fed's Williams (19:40 UTC) and Goolsbee (22:30 UTC) speeches could materially shift this read
Failure to hold 56.53 reopens the 55.61 week low and deeper losses
A close back above 58.99 session high would challenge the channel's lower-highs
Lower highs and lower lows, basing off 7-month low.
Silver has collapsed since Monday's open, sliding from ~65 through 60 and 58 to a seven-month low at 55.61 as a hawkish-Fed/strong-USD repricing dominated the week. An in-line PCE print today removed a hawkish tail risk and sparked a corrective bounce off the low, lifting RSI(14) off stretched-oversold territory; price has reclaimed EMA20 but the descending channel and EMA50 near 59.5 still cap the recovery. Buyers stepped in twice in the 55.6–56.5 zone, yet structure stays defined by lower highs.
Support: 55.609
Resistance: 58.987, 59.50
What it said to watch
Fed's Williams (19:40 UTC) / Goolsbee (22:30 UTC) speak today could materially shift this read
A close above the 58.99 session high challenges the descending channel
Loss of the 55.61 week low confirms a fresh lower-low and opens deeper losses
Silver shed roughly 12-15% this week from the 67 area down to a 55.61 floor as a hawkish-Fed repricing lifted the USD to 13-month highs and crushed the metals complex. An in-line core PCE print yesterday removed the immediate downside catalyst, letting price base above the 56.534 swing low and stage a corrective bounce, with a higher low against deeply oversold RSI hinting at bullish divergence. The 58.99 bounce high capped the latest push and price now sits back near 57.20, still well below the descending EMA50.
Support: 56.534, 55.609
Resistance: 58.99
What it said to watch
Close back below 56.534 reopens the 55.609 week low and the 55 area
Reclaim of 58.99 would ease the downside pressure
Fed's Williams (19:40 UTC) and Goolsbee (22:30 UTC) could reset the USD bid and this read
Lower highs and lower lows, corrective rebound off week low.
Silver collapsed from ~$67 to a $55.61 week low as hawkish-Fed repricing lifted the USD to multi-month highs; an in-line PCE print yesterday removed the downside catalyst and triggered an oversold bounce off the $56.53 swing low. Price stalled at $58.99 in the latest NY session and now hovers near the H1 EMA20 around 57.3. Structure stays a clear downtrend with the rebound corrective so far.
Support: 56.534, 55.609
Resistance: 58.987
What it said to watch
H1 close above $59.0 session high needed to question the downtrend
Loss of $55.61 week low exposes the $55 area
Fed's Williams (19:40) and Goolsbee (22:30) speeches could shift this read
Silver slid a third straight day to a seven-month low near 55.61 before basing around 57 and pushing to a session high of 58.37 on the last bar. PCE landing in line removed the downside catalyst, giving the deeply oversold metal room to snap back; price has reclaimed EMA(20) but still sits below EMA(50). RSI(14) has lifted off oversold toward the mid-40s as the bounce develops.
Support: 57.05, 55.61
Resistance: 58.37, 59.59
What it said to watch
H1 close above 58.37 session high opens path toward 59.59
Loss of the 57.05 base reopens the 55.61 seven-month low
Fed Williams (19:40 UTC) and Goolsbee speeches could materially shift this read
Silver extended a third straight day of losses to a seven-month low near 55.63 before stabilising, with the in-line core PCE print removing a downside catalyst but offering no dovish relief. The 56.34/56.53 area held twice forming a double-bottom base, and the latest bar has squeezed back above EMA20 to 58.25 with RSI lifting off oversold. The broader H1 structure remains a clear downtrend, with EMA50 well overhead near 60.
Support: 56.53, 55.63
Resistance: 59.51, 62.89
What it said to watch
Loss of 55.63 7-mo low opens deeper losses toward the ~55 psych zone
Reclaim of 59.51 prior high needed to extend the oversold bounce toward the 9d ema at 62.89
Fed speakers Williams (19:40 UTC) and Goolsbee (22:30 UTC) could materially shift this read
Consolidating near week lows after impulsive drop.
Silver collapsed from ~67 early in the week to a 55.61 low by Thursday — roughly a 12% rout on the hawkish-Fed/strong-USD repricing — and now sits well below EMA20 and EMA50. Price has carved out a 56.5–57.8 consolidation in the last sessions as the deeply oversold metal attempts to base. RSI(14) has lifted off its lows toward the mid-40s but structure remains firmly lower while below 57.8.
Support: 56.50, 55.609
Resistance: 57.80, 59.50
What it said to watch
Core PCE at 12:30 UTC (~38 min out) could materially shift this read
Close below 55.61 confirms a fresh lower low
Reclaim of 57.80 opens room toward the 59.50 prior swing
Silver collapsed roughly 12% from Monday's 67 zone to a 55.61 week low as the hawkish-Fed/strong-USD repricing crushed non-yielding metals. Price has stabilised in a 56.34–57.88 band over the last NY-into-Asia session with RSI lifting off oversold, but the H1 structure of lower highs is intact below EMA20 and EMA50. The dominant down move remains barely retraced.
Support: 56.34, 55.609
Resistance: 57.88, 59.59
What it said to watch
US Core PCE at 12:30 UTC (~30min out) — high-volatility cluster that could materially shift this read
H1 close above 57.88 swing high opens the path toward 59.59
Failure to hold 55.61 week low confirms downtrend continuation
Silver remains in freefall, down ~12% across two sessions after breaking the $60 psych level, printing a week low at 55.61 before stabilising near 57.4. Price sits below EMA20 and EMA50 with RSI(14) deeply oversold but recovering off the trough; the recent high at 57.88 caps the bounce. A series of higher lows since the 55.61 print marks a tentative base ahead of Core PCE.
Support: 55.609
Resistance: 57.882
What it said to watch
Core PCE YoY at 12:30 UTC is the week's key catalyst and could materially shift this read
Hourly close above 57.88 opens the path back toward the $60 psych zone
Loss of 55.61 week low resumes the downtrend toward $55
Silver is down roughly 12% over two sessions, breaking the $60 psychological level and printing a 7-month low at 55.61 as USD trades near one-year highs on hawkish Fed repricing. Since that flush, price has stabilised in a 56.50–57.78 band with RSI(14) recovering off oversold, but it remains pinned below EMA20 and well under EMA50 with a clear sequence of lower highs intact. The 57.78 session high has capped the bounce.
Support: 56.50, 55.61
Resistance: 57.78
What it said to watch
Core PCE YoY at 12:30 UTC (f/c 3.4%) is the immediate catalyst and can materially shift this read
Loss of 56.50 reopens the path toward the 55.61 low and the $55 zone
An hourly close above 57.78 would break the lower-high sequence and expose $60
10:03 UTC
Downtrend, attempting to base · RSI 44 · price 57.459
Sharp markdown into a low-$57 consolidation.
Silver has bled ~12% from Monday's $64.5 open through the $60 and $58 psychological levels into a seven-month low at $55.61, driven by USD at one-year highs and hawkish Fed-hike repricing. Price has since stabilised in a low-$57 range and is hovering around the H1 EMA(20), with RSI(14) lifting off deeply oversold readings near 44. The broken $58.60 prior support now caps the bounce attempts overhead.
Support: 56.50, 55.61
Resistance: 57.78, 58.60
What it said to watch
Core PCE YoY at 12:30 UTC (f/c 3.4%) is the session's key catalyst for the next leg
Failure to hold 56.50 reopens the path toward the 55.61 week low
H1 close above 57.78 then 58.60 would challenge the markdown structure
Silver collapsed roughly 12% from Monday's ~67 peak through the broken $60 psych level to a seven-month low at 55.6, the move driven by USD at one-year highs and hawkish Fed-hike repricing. Price has stabilised into the NY session, reclaiming the H1 EMA(20) near 57.3 with RSI(14) recovering off oversold toward 47. The 57.8 recent high caps the bounce while 56.5 holds as near-term support.
Support: 56.50, 55.60
Resistance: 57.80, 58.90
What it said to watch
Core PCE YoY at 12:30 UTC (f/c 3.4%) is the session's key catalyst and could materially shift this read
H1 close above 57.8 opens the path back toward the 58.9 swing high
Loss of 56.5 reopens the 55.6 week low and exposes downside continuation
Lower highs, lower lows; basing after capitulation low.
Silver has been in freefall all week, sliding from the $66 area Monday to a $55.61 capitulation low as a hawkish Fed and a one-year-high USD unwound the precious-metals trade. Price is now grinding back toward the EMA20 near 57.8 with RSI lifting off oversold, a relief bounce inside a clearly intact downtrend. The $56.53 swing low has held since the capitulation print, but each rally has stalled below the falling EMA20.
Support: 56.534, 55.609, 55.00
Resistance: 57.80, 59.50
What it said to watch
US Core PCE today 12:30 UTC (~3.8h) — a hot print can reinforce the downtrend, a cool one risks a sharp short-cover bounce
H1 close above 57.8 ema20 and 59.5 prior low would challenge the lower-high structure
Loss of 56.53 swing low reopens the 55.0 area
09:03 UTC
Downtrend, bounce off lows · RSI 44 · price 57.493
Lower highs and lower lows, basing attempt.
Silver collapsed from Monday's $66 region to sub-$56 lows on hawkish-Fed repricing and a one-year-high USD, unwinding the debasement trade. Price swept 55.61 then recovered into a 56.5–57.9 consolidation, with RSV(14) lifting off oversold but still sub-50 as EMA20 and EMA50 cap from above. Structure remains a clean series of lower highs.
Support: 56.50, 55.609
Resistance: 57.88, 59.50
What it said to watch
US Core PCE at 12:30 UTC (~3.8h) could materially shift this read
Close above 59.5 swing high would break the lower-high sequence
Failure to hold 55.61 week low confirms continuation lower
Silver has been in freefall all week, shedding roughly 13% from Monday's ~66 to a sub-56 print as a hawkish Fed read and a one-year-high USD crushed the debasement trade, reinforced by US PMI beats. Price held above 56.53 after the wash-out and is consolidating near 57.35 with RSI lifting off oversold but still below 50, all firmly under EMA20 and EMA50. The 58.75 prior low now sits overhead as resistance.
Support: 56.53, 55.61, 55.00
Resistance: 58.75
What it said to watch
US Core PCE at 12:30 UTC (~4h) is the key catalyst — a hot print could press through 56.53 toward the 55.00 zone
Loss of 56.53 confirms continuation toward the 55.61 week low
Reclaim of 58.75 would challenge the descending lower-highs structure
Silver has been in freefall since Monday, shedding roughly 13% from the ~66 area to a 55.61 week low as hawkish Fed repricing and a one-year-high USD unwound the debasement trade. The break of the 60 psych level accelerated the slide, and price now sits below both EMA20 and EMA50 after a shallow oversold bounce stalled near 57.88. RSI(14) has lifted off the low-30s but momentum remains weak below 60.
Support: 55.609
Resistance: 57.882, 60.00
What it said to watch
US Core PCE at 12:30 UTC (~6h) is the key catalyst for the next leg
Loss of 55.61 extends the lower-low sequence toward the cited 55 zone
H1 close back above 60.00 would flip the breakdown read
07:02 UTC
Downtrend, accelerating then basing · RSI 38 · price 56.669
Lower highs and lower lows, sweep of 55.61.
Silver has bled lower all week, dropping from Monday's 67 area to a 55.61 sweep low as a one-year-high USD and hawkish Fed repricing unwound the debasement trade. The $60 psych level broke decisively and now caps from above, with price stalling below 57.78 after a modest short-covering bounce off oversold RSI. Both EMA(20) and EMA(50) sit well overhead, framing the move as a deep, intact downtrend.
Support: 55.61, 55.00
Resistance: 57.78
What it said to watch
US Core PCE at 12:30 UTC (~6h) is the week's key catalyst and could materially shift this read
H1 close below 55.61 reopens the path toward 55.00 major support
Reclaim of 57.78 prior high would be the first sign the breakdown is stalling
Silver has been in relentless decline all week, shedding roughly 13% from Monday's ~66 to a fresh YTD low at 55.609 as a one-year-high USD and hawkish Fed pricing crushed the metal. Price bounced into the NY session to 57.882 but has since faded back below 57, with the broken 60 psych and 58.75 prior low now overhead. RSI(14) near 40 has lifted off oversold without a clean divergence, and price remains well under EMA20.
Support: 55.609
Resistance: 57.882, 58.75
What it said to watch
Loss of 55.609 week low confirms the next leg of the downtrend toward the cited 55 zone
Reclaim of 58.75 broken low would ease the breakdown read
US Core PCE at 12:30 UTC (~6h) is the key catalyst — a hot print risks extension, a cool print risks a short-covering bounce
06:02 UTC
Downtrend, stabilising after capitulation · RSI 43 · price 57.101
Fresh year low swept, consolidating below broken support.
Silver crashed through the $60 psych level into a fresh 2026 low at 55.609 this week, an extension of the hawkish-Fed/strong-USD breakdown that dragged price from ~67 since Monday's session. The sub-56 print was swept and price has since recovered into a 56.3–57.9 consolidation, with RSU(14) lifting off oversold but price still pinned below EMA20 and EMA50. Core PCE at 12:30 UTC is the dominant catalyst into the next sessions.
Support: 56.338, 55.609
Resistance: 57.882, 58.75
What it said to watch
Core PCE (12:30 UTC) is the key driver — a soft print could fuel an oversold relief squeeze
H1 close back above 58.75 prior support would challenge the breakdown
Failure to hold the 56.338 range low reopens the 55.609 swing low
Silver has bled lower all week, accelerating through the $60 psych level and printing a fresh week low at 55.61 as the hawkish-Fed USD bid crushed non-yielders. Price is now consolidating 56–58 after that flush, holding below EMA20 and EMA50 with RSI(14) lifting off oversold toward the mid-40s. The 57.78 session high has capped the bounce so far while demand has stepped in twice around 56.5.
Support: 56.50, 55.609
Resistance: 57.78, 58.90
What it said to watch
US Core PCE at 12:30 UTC today could materially shift this read
Hourly close above 58.9 supply challenges the breakdown
Silver remains in a steep H1 downtrend, sliding from above 67 early in the week toward a fresh low at 55.61 as the USD pushed to one-year highs and Fed-hike repricing crushed non-yielders. Price has since clawed back to 57.57, with a bullish RSI divergence forming against the 55.61 low and buyers stepping in twice near 56.50. The 57.88 session high caps the bounce while 58.70 marks the next overhead supply.
Support: 56.50, 55.61
Resistance: 57.88, 58.70
What it said to watch
US Core PCE at 12:30 UTC could materially shift this read
Silver has been in a brutal one-way slide all week, accelerating through the $60 psych level during the NY session and printing a fresh low at 55.61 as hawkish-Fed repricing and a one-year-high USD crushed non-yielders. Price has since clawed back to the 57.5 area but holds well below EMA20 and EMA50, with the rebound capped under former-support 58.75. The last few bars are consolidating the breakdown between 56.3 and 58.0.
Support: 56.34, 55.61, 55.00
Resistance: 58.75
What it said to watch
Core PCE at 12:30 UTC could materially shift this read
H1 close above 58.75 would challenge the breakdown
Failure to hold 55.61 opens the path toward 55.00
04:02 UTC
Downtrend, bouncing off lows · RSI 42 · price 57.532
Lower highs, lower lows; sub-60 breakdown.
A brutal week for silver: price has shed roughly 10 points from the 67.13 high, breaking the 60.00 psychological support as a one-year-high USD and hawkish-Fed repricing crushed the metal. Sellers drove a fresh week low at 55.61 before a corrective bounce lifted price back to 57.53, with RSI(14) recovering off oversold. Price remains well below EMA20 and EMA50, keeping the downtrend structure intact.
Support: 56.338, 55.609, 55.00
Resistance: 58.75, 60.00
What it said to watch
H1 close above 58.75 challenges the breakdown read
Failure to hold 56.338 reopens the path toward the 55.00 next support
US Core PCE at 12:30 UTC could materially shift this read
04:02 UTC
Downtrend, bouncing off lows · RSI 41 · price 57.532
Lower highs / lower lows, post-breakdown.
Silver has been in freefall all week, shedding roughly 14% from the $67 area to a fresh YTD low at 55.61 as hawkish-Fed repricing and a one-year-high USD crushed the metal; the sub-$60 break accelerated the decline. The last few hours show a relief bounce off 55.61 back toward the 57.78 session high, but price remains well below EMA20 and EMA50 with the broader structure intact. Former support around 58.75 now sits overhead as resistance.
Support: 55.61, 55.00
Resistance: 57.78, 58.75
What it said to watch
US Core PCE today 12:30 UTC (f/c 3.4%) is the primary catalyst and could materially shift this read
Failure to hold 55.61 confirms continuation toward the 55.00 psych level
H1 close back above 58.75 prior low would challenge the breakdown structure
03:02 UTC
Downtrend, extended · RSI 36 · price 56.933
Lower highs and lower lows, fresh week low.
Silver has been in freefall since Monday's open, accelerating after the break of the $60 psych level and printing a fresh week low at 55.609 before a modest bounce into the current 56.93 area. Price sits well below both EMA(20) and EMA(50) with RSI(14) holding in the mid-30s after touching oversold during the worst of the slide. The decline tracks the hawkish-Fed repricing and one-year-high USD flagged in the macro read.
Support: 55.609, 55.00
Resistance: 57.79
What it said to watch
US Core PCE at 12:30 UTC is a high-impact catalyst that could materially shift this read
Failure to hold 55.609 opens the path toward the 55.00 psych level
H1 close back above the 57.79 session high would challenge the lower-highs sequence
Silver remains in freefall, dropping from ~$67 to a fresh ytd low of 55.61 during yesterday's NY session as hawkish-Fed repricing and a one-year-high USD crushed non-yielders. The sub-$60 break accelerated selling and price now sits well below EMA20/50 with RSI(14) near 34, holding an oversold bounce around $57. Former support at $59-60 is now overhead supply capping any recovery.
Support: 56.338, 55.609
Resistance: 58.64
What it said to watch
Loss of 56.34 reopens 55.61 week low and the $55 area flagged as next major support
H1 close back above 58.64 would challenge the breakdown read
US Core PCE today 12:30 UTC could materially shift this read; a clear miss risks an oversold squeeze
Silver has been crushed from Monday's $66+ peak to fresh six-month lows at 55.609 as hawkish-Fed repricing and a one-year-high USD unwound the debasement trade. Price is stabilising in the 56–57 zone with RSI(14) deeply oversold near 31; the $60 psychological line now caps as resistance, while two failed defences of the prior range left structure firmly bearish. The latest bounce off 55.609 is the first sign of consolidation after Tuesday's rout.
Support: 55.609
Resistance: 60.00
What it said to watch
US Core PCE at 12:30 UTC today could materially shift this read
Loss of 55.609 confirms downtrend continuation below the six-month low
Reclaim of 60.0 would invalidate the bearish range read
02:02 UTC
Downtrend, accelerating · RSI 33 · price 56.935
Lower highs and lower lows, fresh week low.
Silver has been in freefall since Monday's $66 area, with the bulk of the damage landing in the NY session as a hawkish-Fed USD bid unwound the metal toward a fresh week low at 55.609. Price sits well below EMA20 and EMA50 with RSI deep in oversold territory; the bounce off 55.609 to 57.88 has since faded back under 57.00. The broken 60-handle now caps as overhead supply.
Support: 55.609
Resistance: 57.882
What it said to watch
Hourly close back above 57.88 would ease the immediate downside pressure
Failure to hold 55.609 confirms continuation of the lower-low sequence
US Core PCE at 12:30 UTC could materially shift this read
01:03 UTC
Downtrend, stabilising at lows · RSI 41 · price 57.453
Lower highs, lower lows; basing attempt.
Silver collapsed from Monday's $66 area toward a fresh low at 55.609 as hawkish-Fed USD repricing unwound the metals trade, dropping ~16% across the week. Price is now basing between 56.53 and 57.88 after the 55.609 sweep was reclaimed, with RSI lifting off oversold but still sub-50 and price well below both EMAs. Every bounce this week has stalled into lower highs, leaving the broader structure heavy.
Support: 56.534, 55.609
Resistance: 57.882, 60.00
What it said to watch
US Core PCE at 12:30 UTC could materially shift this read
Loss of 55.609 confirms downtrend continuation to fresh lows
H1 close back above 60.00 psych needed to challenge the lower-high sequence
Silver has been crushed from Monday's ~66.33 to a fresh six-month low at 55.61 as a hawkish-Fed USD bid unwound the metal through the week, with the sharpest leg coming in the NY session. Price has stabilised just above 57 after sweeping 55.61, but sits well below EMA(20) and EMA(50) with RSI(14) recovering off oversold to the high-30s. The 57.88 session high caps the first reaction bounce.
Support: 55.609
Resistance: 57.882, 58.641
What it said to watch
H1 close above 58.64 would break the run of lower highs
Failure to hold 55.61 opens downside below the six-month low
US Core PCE at 12:30 UTC (~11h) is the key swing factor for the dollar and this read
00:02 UTC
Downtrend, bounce off lows · RSI 38 · price 57.664
Lower highs and lower lows, sharp impulse down.
Silver was crushed this week from Monday's $66 area to a fresh six-month low at 55.61 as a hawkish-Fed USD repricing unwound the metal; Tuesday's session drove the bulk of the rout. Price is now stabilising near 57.66 after a sweep of the 56.53 prior low, with RSI(14) lifting off oversold but still below 40. Both EMA(20) and EMA(50) sit well overhead, keeping the broader structure heavy.
Support: 56.534, 55.609
Resistance: 60.00
What it said to watch
US Core PCE at 12:30 UTC could materially shift this read
Failure to hold 56.534 reopens the 55.609 low and the $60-below path stays exposed
H1 close back above 60.00 psych level neutralises the downside read
Series of lower lows, stabilising off six-month low.
Silver was crushed from Monday's ~67 toward a fresh window low at 55.609 as hawkish-Fed repricing and a one-year-high USD unwound the debasement trade. Price holds well below the H1 EMA(20) with RSI(14) oversold but ticking up as the metal stabilises above 57 into Asia hours. The 58.641 broken-support shelf now caps, while 56.5 and the 55.609 swing low frame the base.
Support: 56.50, 55.609
Resistance: 58.641
What it said to watch
H1 close above 58.641 challenges the broken-support read
Loss of 55.609 swing low opens downside toward the 60 psych break extension
US Core PCE at 12:30 UTC is the key swing factor and could materially shift this read