19:06 UTC
Post-blow-off reversion, basing above flat EMA50 · RSI 50 · price 65.213
Lower highs since the January peak; 62.30–68.30 range since mid-August above the 54.76 July low.
Silver has been in a reversion regime since the late-January blow-off to 121.63, with lower highs through Q2 down to a July low at 54.76 and a range between the 62.30 range floor and 68.30 range top since mid-August. Price holds just above a flattening W1 EMA(50) near 61.96 and sits beside the 61.8% level of the 2025-26 rally fib (63.93), while RSI near 50 carries no signal on this timeframe. Hawkish Fed repricing and 10y yields above 5% have capped rebounds, leaving the august high at 71.17 as the upper boundary of the post-July base.
Support: 62.30, 61.96, 54.76
Resistance: 68.30, 71.17, 80.00
What it said to watch
- Weekly close below the 62.30 range floor and the ema50 near 61.96 would reopen the july low at 54.76
- Weekly close above the 68.30 range top, then the august high at 71.17, extends the base toward the 80.00 round number
- ADP and PCE on Sep 30, with NFP later in the week, could materially shift this read via Fed hike pricing and yields