XAG/USD AI Live Scan, 1-hour chart, Monday, 26 October 2026
Every read JAFX AI made on the XAG/USD 1-hour chart that day, newest first: trend, structure, the levels it marked and what it said to watch.
23:05 UTC
Downtrend, stalled in a range · RSI 46 · price 53.873
53.00–54.56 range after Thursday's plunge, lower highs at the top.
Silver has ranged between 53.00 and 54.56 since Friday's Asian session, after Thursday's plunge from the 58.03 area. The ytd low at 53.00 was rejected twice at the NY open, on Friday and again Monday, with Monday's spike recovering from 53.00 to above 54.10 within the hour. Monday's gap-up week open at 54.25 did not hold. Price now sits just under the ema20 with RSI(14) flat near 46, while lower highs from the friday high and Monday's 54.39 high cap the range below the 23.6% decline fib, as pre-Fed caution and firm US data limit rallies.
Support: 53.60, 53.00
Resistance: 54.25, 54.56
What it said to watch
H1 close below the 53.00 floor (ytd low) confirms a lower-low and ends the range read
Failure to hold the asian low at 53.60 puts the 53.00 floor back in play
Acceptance above the week open at 54.25 and the friday high at 54.56 breaks the lower-highs line, with broken support at 55.38 next
Tue 12:30 UTC Durable Goods (f/c 0.6%) and Wed 18:00 UTC FOMC December guidance could materially shift this read
22:05 UTC
Downtrend, stalling at lows · RSI 48 · price 53.965
Lower highs compressing into 53.00–54.56 range.
The week's dominant move came Thursday, when every session extended the slide from the 58.03 midweek high. Friday's Asia session added another leg to 53.51 as firm US data and Fed hike pricing weighed. Since then price has compressed in a 53.00–54.56 range around a flattening EMA(20) at 53.99, with buyers defending the ytd low twice (53.016 Friday, 53.004 early NY Monday after Trump ruled out Iran strikes) while RSI(14) set a higher low, a bullish divergence. Monday's gap open at 54.25 (weekly open) and the lower highs from the 54.56 range top keep capping rebounds, and price is stalling just under the 23.6% fib of the week's drop near 54.19.
Support: 53.603, 53.004
Resistance: 53.99, 54.25, 54.557
What it said to watch
H1 close below the 53.00 ytd low confirms a lower-low and breaks the range floor
Loss of Monday's asian low at 53.60 returns focus to the 53.00 ytd low
Acceptance above the weekly open at 54.25 and the 54.56 range top breaks the lower-highs sequence and invalidates the compression read
Tue 12:30 UTC Durable Goods and Wed 18:00 UTC Fed decision could materially shift this read
Range 53.00–54.56 after impulsive drop, lower highs.
Thursday's selloff, on firmer yields and oil-driven hike fears, took silver from the 58.06 midweek high to the 53.00 area. Since Friday, H1 has rotated in a 53.00–54.56 range. Both tests of 53.00 came during NY hours, Friday's after the firm US PMI and sentiment data and Monday's after the Asia gap, and each was rejected within the hour, carving a double btm. Monday's gap open at 54.25 (the weekly open) was faded back toward the 53.60 Asian low, and lower highs from 54.56 have capped each bounce. Price is hugging EMA(20) with RSI(14) near 50, a flat read into the Fed.
Support: 53.60, 53.00
Resistance: 54.25, 54.56, 54.94
What it said to watch
H1 close above the 54.56 range top would confirm the double btm and open the 54.94 fib 38.2 of the 58.06–53.00 drop
Acceptance back above the 54.25 weekly open would break the lower-highs sequence
Loss of the 53.60 Asian low puts the 53.00 double btm back in play; a close below it resumes the downtrend
Tue 12:30 UTC Durable Goods and Wed 18:00 UTC Fed decision could materially shift this read
20:05 UTC
Downtrend, stalled into a base · RSI 47 · price 53.862
Impulse lower from 58.06, then a 53.00–54.39 range since Friday.
Silver's H1 trend turned lower after the midweek failure near 58.06. Thursday's ~5% slide and Friday's drop to the 53.02 ytd low came as firm US data and oil-driven hike fears weighed. Since then price has ranged 53.00–54.39, and Monday's dip into the NY open tagged 53.00 again and was rejected within the hour after Trump ruled out immediate Iran strikes. Rallies keep stalling below the weekly open at 54.25 and the monday high, inside the 23.6% fib of the week's drop, while price sits just under EMA(20) near 54.00 with RSI(14) flat around 47.
Support: 53.60, 53.00
Resistance: 54.00, 54.25, 54.39
What it said to watch
H1 close below the 53.00 ytd low ends the range read and resumes the downtrend sequence
Loss of the 53.60 asian low puts 53.00 back in play for a third test
Acceptance above the 54.25 weekly open and the 54.39 monday high breaks the lower highs line and shifts the read to a base
Tue 12:30 UTC Durable Goods (f/c 0.6%) is the pre-Fed data test; Wed 18:00 UTC FOMC could materially shift this read
Post-impulse range 53.00–54.56 with lower highs at the top.
Thursday's slide from the 58.59 week high, driven by oil-led Fed hike bets, broke the 55.95 breakdown point and has since compressed into a 53.00–54.56 range. Price sits just above EMA20 near 54.00 but below EMA(50), with RSI(14) back near 52. Monday's gap above the 54.25 weekly open faded, and an NY-open spike through the 53.00 YTD low reversed within the hour. That was the second sweep of the floor after Friday's similar move, while lower highs at the 54.56 Friday high and 54.39 Monday high cap the range top.
Support: 54.00, 53.00
Resistance: 54.25, 54.39, 54.56
What it said to watch
H1 close below the 53.00 YTD low ends the two-sweep floor read and extends the downtrend
Failure to reclaim the 54.25 weekly open keeps Monday's gap fade intact
Acceptance above the 54.39 Monday high and 54.56 Friday high breaks the range top; the 38.2% retracement of the week drop sits near 55.14, ahead of the 55.95 breakdown point
Tue Durable Goods 12:30 UTC and Consumer Confidence 14:00 UTC could reprice Fed hike odds pre-FOMC
FOMC decision Wed 18:00 UTC could materially shift this read
Lower highs from 58.59; false break below 53.00 reclaimed.
Silver has printed lower highs since Tuesday's rejection at 58.59. Thursday's oil- and Fed-hike-driven slide did most of the damage, and Friday set the 53.02 YTD low before price compressed into a tight band around 54.00. Monday's gap up to 54.25 faded through the Asian range, and the first hour of NY dipped to 53.00, a false break of the ytd low that reversed in full back above EMA(20) near 54.00, though price remains below EMA(50) with RSI(14) near 54.
Support: 54.00, 53.60, 53.00
Resistance: 54.39, 54.56, 55.14
What it said to watch
H1 close above the monday high at 54.39 and the friday high at 54.56 would put the 53.00 lows on a double-bottom footing, with fib 38.2 at 55.14 the next reference
Slip back below ema20 at 54.00 and the asia low at 53.60 would undercut the false-break read
H1 acceptance below the 53.00 ytd low resumes the lower-low sequence of the downtrend
Tue durable goods and consumer confidence, then the Wed 18:00 UTC FOMC decision, could materially shift this read
Lower highs from 58.59; 53.00–54.40 range since Friday.
Silver has been in a downtrend since Tuesday's 58.59 high. Most of the ~$5.60 slide came in Thursday's NY session and Friday's Asia session, driven by hawkish-Fed and oil-driven inflation pressure. Since Friday price has held a 53.00–54.40 range below EMA(20). Monday's 54.25 weekly open faded, and in the first hour of NY price swept just under Friday's ytd low to 53.004 before the bar closed back above it. RSI(14) sits near 38, not oversold, despite the marginal new low.
Support: 53.004
Resistance: 53.86, 54.25, 54.393
What it said to watch
H1 close below the 53.00 ytd low confirms a lower-low and breaks the Friday–Monday base
Recovery above ema20 near 53.86 and the 54.25 weekly open would return price to the middle of the range
Monday high at 54.39, near the 23.6% retrace of the slide, caps the range; a close above it shifts the read
Durable Goods Tue 12:30 UTC and the Fed decision Wed 18:00 UTC could materially shift this read
13:07 UTC
Downtrend, pausing in a tight base above YTD low · RSI 47 · price 53.922
Silver's dominant move was Thursday's slide from 58.03, extended in Friday's NY session to a 53.016 YTD low as firm US PMI and sentiment beats added to oil-driven hawkish-Fed pricing. Monday gapped up to a 54.25 weekly open, then slipped to a 53.603 Asian-session low after Trump ruled out immediate Iran strikes, eased haven demand. Since then the range has held 53.6–54.4. The monday high sits near the 23.6% fib of the decline at 54.20, and the friday high caps a sequence of lower highs. Price is chopping just under a flat EMA(20) with RSI(14) near 47.
Support: 53.603, 53.016
Resistance: 54.25, 54.393, 54.557
What it said to watch
Hourly close back above the 54.25 weekly open and the monday high at 54.393 would break the gap-fade sequence
Close above the friday high at 54.557 clears the lower-highs line and the first recovery hurdle
Failure to hold the monday low at 53.603 reopens the 53.016 ytd low
Tue 12:30 UTC Durable Goods and the Wed 18:00 UTC Fed decision could materially shift this read
12:06 UTC
Downtrend, pausing in a base · RSI 46 · price 54.038
Lower highs from 58.59; 53.60–54.56 base since Friday.
Tuesday's 58.59 high marked the top of a lower-high sequence. Thursday's liquidation came as AI-equity worries sent flows to Treasuries and oil fed December-hike bets, and it extended into Friday's first NY hour, printing the 53.02 ytd low. Since then silver has compressed between the 53.60 monday low and the 54.56 friday high. Price is pinned to EMA(20) near 54.04, RSI(14) has recovered to the mid-40s, and Monday's Asia gap higher faded after Trump ruled out immediate Iran strikes, leaving price capped under the monday high and the 23.6% retracement near 54.33.
Support: 53.603, 53.016
Resistance: 54.393, 54.557
What it said to watch
H1 close above the 54.56 friday high breaks the base and the lower-highs trendline sequence
Failure to hold the 53.60 monday low re-exposes the 53.02 ytd low
Monday high at 54.39 sits just above the 23.6% retracement; rejection there keeps the base intact
Durable goods Tue 12:30 UTC, then the Fed decision Wed 18:00 UTC, with December hike guidance able to break the range either way
Lower highs from Wednesday's 58.03; tight 53.60–54.56 base since Friday.
The week's selloff ran from Wednesday's 58.03 to a 53.02 YTD low in Friday's NY session. Thursday's leg broke hardest into the NY open as oil-driven hawkish-Fed pricing hit metals. Since then price has based in a 53.60–54.56 band, with a series of higher lows off the YTD low. Monday's Asia-open gap to 54.25 faded toward 53.60 after Trump ruled out immediate Iran strikes. Price is now pinned at EMA(20) near 54.00, below the 54.39 Monday high, with RSI(14) back to ~49 from oversold.
Support: 53.60, 53.02
Resistance: 54.00, 54.39, 54.56
What it said to watch
H1 close below the 53.60 monday low breaks the higher lows and puts the 53.02 ytd low back in play
Clearance of the 54.39 monday high and the 54.56 range top breaks the lower highs line and opens 55.38
Repeated H1 closes back above EMA(20) at 54.00 would mark the first shift in the pullback rhythm
Durable Goods Tue 12:30 UTC and Consumer Confidence 14:00 UTC could tilt Fed pricing
Fed decision Wed 18:00 UTC: December-hike guidance could materially shift this read
Lower highs since Wednesday; tight 53.60–54.56 consolidation after the sell-off.
Silver has printed lower highs since Wednesday's failed push at 58.03. Thursday's ~5% sell-off came as AI-equity risk-off flows went to Treasuries and oil kept December-hike bets alive, and a Friday Asia leg extended the drop into a NY-session spike to the 53.02 ytd low, which was rejected on the close. Since then price has compressed between the 53.60 monday low and the 54.56 friday high, with the monday high at 54.39 marking a slightly lower high near the 23.6% retracement; Monday's gap open was faded back to the ema20 near 54.05 after the Iran headline, with RSI(14) flat around 45.
Support: 53.603, 53.016
Resistance: 54.05, 54.393, 54.557
What it said to watch
H1 close below the 53.60 monday low puts the 53.02 ytd low back in focus
Close above the 54.39 monday high and the lower-highs line reopens the 54.56 friday high and the 38.2% sell-off retracement near 54.93
Repeated closes back under the ema20 near 54.05 keep the consolidation pinned to its lower half
Durable Goods and Consumer Confidence on Tue, then the Fed decision Wed 18:00 UTC, could materially shift this read
WTI back toward its 101.05 high would add pressure on the ytd low
Post-selloff range 53.02–54.56, highs edging lower.
Wednesday's failure below 58.03 led into a Thursday collapse through 55.38 broken supp, with the Asia session and the NY open driving the steepest legs. A Friday NY spike to the 53.02 ytd low was bought back, and price has since compressed between 53.60 and 54.56 with RSI(14) flat near 50 and price sitting on a flattening EMA(20). Monday's bullish gap faded to the 53.60 monday low after Trump ruled out immediate Iran strikes, and the 54.39 monday high is now a second lower high under the 54.56 friday high, close to the 23.6% retracement of the selloff.
Support: 53.60, 53.02
Resistance: 54.39, 54.56, 55.38
What it said to watch
H1 close below the 53.60 monday low exposes the 53.02 ytd low again
Acceptance above the 54.56 friday high breaks the lower-highs line and opens the 38.2% fib near 54.93, then 55.38 broken supp
Durable Goods and Consumer Confidence Tue 27 Oct (12:30/14:00 UTC) could tilt the range before the Fed
Fed decision Wed 28 Oct 18:00 UTC and December-hike guidance could materially shift this read; higher-low line from the ytd low is the first test on any hawkish repricing
Contracting range 53.02–54.56 after Thursday's breakdown.
Tuesday's 58.59 week high gave way to Thursday's 5.8% slide, which started in Asia and extended into the NY open as oil-driven Fed-hike pricing hit silver. Since Friday, price has compressed between the 53.02 ytd low and lower highs at the 54.56 friday high and the 54.39 monday high. The ytd low was a NY-hours false break that closed back near 54. Monday's gap above Friday's close filled to a 53.60 higher low after Iran strike risk eased. The monday high sits at the 23.6% retracement of the decline, near 54.33. Price is pinned at EMA(20) around 54.00 with RSI(14) flat near 50, while EMA(50) near 54.40 sits just above.
Support: 53.60, 53.02
Resistance: 54.39, 54.56, 55.38
What it said to watch
H1 close below the 53.60 monday low breaks the higher low and reopens the 53.02 ytd low
Close above the 54.39 monday high and 54.56 friday high breaks the lower highs line; 55.38 broken support sits above
Tue durable goods (12:30 UTC) and consumer confidence (14:00 UTC) ahead of Wed 18:00 UTC Fed decision could materially shift this read
Tight 53.60–54.40 consolidation under lower highs.
Silver is coiling in a 53.60–54.40 consolidation after Thursday's slide from the 58.03 lower high, which was driven by AI-equity jitters pulling flows into Treasuries and oil lifting Fed-hike fears. Friday's NY-session wick to the 53.02 yearly low was rejected. Monday's gap up to the 54.25 weekly open faded through Asia after Trump ruled out immediate Iran strikes, and a late-Asia rejection from 54.36 has left price below EMA(20) at 53.99, with lower highs from the 54.56 Friday high still capping. RSI(14) near 45 has recovered from Thursday's oversold extreme but shows no upside momentum.
Support: 53.603, 53.016
Resistance: 53.99, 54.25, 54.557
What it said to watch
H1 close above the 54.56 friday high breaks the lower-highs line and opens the 54.93 38.2% retracement of the 58.03-53.02 slide
Failure to hold the 53.60 monday low puts the 53.02 yearly low back in play
Holding below ema20 and the 54.25 weekly open keeps the gap-fade read intact
Tue Durable Goods 12:30 UTC and Consumer Confidence 14:00 UTC, then the Fed decision Wed 18:00 UTC, could materially shift this read
06:05 UTC
Downtrend, pausing in a base above the yearly low · RSI 51 · price 54.219
Lower highs from 58.03; tight 53.60–54.56 consolidation since Friday's NY low.
Silver failed at 58.03 late Wednesday and broke down through Thursday as rising oil lifted Fed-hike pricing and haven flows went to Treasuries. The slide ended with a NY-session flush to the 53.02 yearly low on Friday, and price has since held a 53.60–54.56 base, with the friday high and a flat ema20 near 54.00 framing it while EMA(50) sits overhead. Monday's gap up to 54.25 on weekend Iran risk filled to the monday low at 53.60 in Asia after Trump ruled out immediate strikes, and price has recovered to 54.22 into London with RSI(14) back near 51 from oversold.
Support: 54.00, 53.603, 53.016
Resistance: 54.393, 54.557, 55.518
What it said to watch
H1 close above the 54.39 monday high and 54.56 friday high breaks the range top and exposes the 55.52 lower high
Loss of the 53.60 monday low breaks the higher-lows line, and a move through the 53.02 yearly low resumes the downtrend
Failure to hold the ema20 near 54.00 returns price to the base floor
Fed decision Wed Oct 28 18:00 UTC: December-hike guidance could materially shift this read
Tue Durable Goods at 12:30 UTC and Consumer Confidence at 14:00 UTC as pre-Fed catalysts
Lower highs from 58.03; tight 53.0–54.6 base since Friday.
Silver slid from Wednesday's 58.03 through Thursday's sessions, with the sharpest legs in NY hours as rising oil and yields lifted Fed-hike pricing. Friday's NY session then printed the 53.016 yearly low before a base formed beneath the 54.557 friday high. Monday's geopolitical gap up faded in the Asia session to a 53.603 monday low, a higher low above Friday's base and the fri close gap level. Price at 54.22 now sits above EMA(20), below EMA(50) and on the 23.6% fib of the drop, with RSI(14) back near 53 after oversold readings. The structure reads as a pause inside the downtrend, not a reversal.
Support: 53.603, 53.016
Resistance: 54.393, 54.557
What it said to watch
H1 close above the 54.557 friday high, which sits near EMA(50), breaks the lower-high sequence and opens the 38.2% fib near 54.93.
Rejection at the 54.393 monday high keeps price boxed inside the post-Friday base.
Loss of the fri close and the 53.603 monday low breaks the higher-low line and puts the 53.016 yearly low back in play.
Tue Durable Goods 12:30 UTC and Consumer Confidence 14:00 UTC as pre-Fed tone-setters.
Fed decision Wed 18:00 UTC: December hike guidance could materially shift this read.
04:05 UTC
Downtrend, stalled into a base · RSI 46 · price 54.093
Lower highs from 58.59; tight range above yearly low.
The week's dominant leg ran from Wednesday's 58.03 lower high to Friday's 53.02 yearly low. The decline accelerated through Thursday's NY session as oil-driven Fed-hike pricing weighed on the metal. Since then price has compressed between 53.02 and the 54.56 range top, with the NY wick to the yearly low rejected. Monday's gap-up faded after Trump ruled out immediate Iran strikes. Price is pinned to a flat EMA(20) near 53.97, below the fib 38.2 at 54.93, and has not yet tested the Monday high at 54.39.
Support: 53.603, 53.016
Resistance: 54.393, 54.557, 54.93
What it said to watch
H1 close above the range top at 54.56 breaks the lower-high sequence and puts the fib 38.2 at 54.93 in play
Loss of the Monday low at 53.60 reopens the 53.02 yearly low; acceptance below it extends the downtrend
Monday high at 54.39 is the first cap on the post-gap bounce
Tue Oct 27 Durable Goods and Consumer Confidence, then the Fed decision Wed Oct 28 18:00 UTC, could materially shift this read
Post-selloff consolidation, lower highs and higher lows.
The slide from Wednesday's 58.03 high accelerated in Thursday's NY session, and Friday's Asia session took out the 53.51 friday low before NY hours printed a 53.02 yearly low, as hawkish-Fed pricing, firm oil and ~5.1% 10y yields weighed on metals. Monday's geopolitical gap high at 54.28 faded and the gap filled in the Asia session, leaving price compressed between the 53.60 monday low and the 54.56 friday high. Price is pinned just under EMA(20) near 54.04 and the 23.6% fib of the selloff at 54.20, and RSI(14) has recovered to ~43 from oversold.
Support: 53.603, 53.509, 53.016
Resistance: 54.04, 54.277, 54.557
What it said to watch
H1 close above the 54.56 friday high breaks the consolidation lower highs and opens the 38.2% fib near 54.93
Failure to hold the 53.60 monday low breaks the higher-lows line and puts the 53.51 friday low and the 53.02 yearly low back in focus
Durable Goods Tue 12:30 UTC and FOMC Wed 18:00 UTC; December hike guidance could materially shift this read
Repeated rejection at EMA(20) and the 54.28 gap high keeps the downtrend structure intact
Lower highs from 58.59; base forming 53.0–54.56 since Friday.
Silver set lower highs after Tuesday's 58.592 NY-session spike and Wednesday's 58.028 peak. Oil-fed hike bets and high yields then drove Thursday's rout and a Friday NY-session spike to the 53.016 yearly low. Since then price has compressed in a 53.0–54.56 base, with the Friday high and the lower-highs trendline capping rebounds. Monday's Asia session gapped up to the weekly open near 54.25, then slipped back below the Friday close and EMA(20), with RSI(14) near 45.
Support: 53.603, 53.016
Resistance: 54.25, 54.557
What it said to watch
Hourly close below the 53.603 Monday low puts the 53.016 yearly low back in play
Close above the 54.557 Friday high breaks the lower-highs trendline and exposes the week-drop fib 38.2% near 55.15
Failure to reclaim the 54.25 weekly open leaves the Monday gap fully faded
US Durable Goods Tue 12:30 UTC and the FOMC decision Wed 18:00 UTC could materially shift this read
01:06 UTC
Downtrend, compressing after breakdown · RSI 44 · price 53.835
Lower highs from 58.59; 53.70–54.28 band above yearly low.
Silver has printed lower highs since Tuesday's NY-open spike to 58.59. Thursday's slide ran through London and NY, and Friday's Asia-session drop broke 54.00 as oil-driven Fed hike bets and high yields weighed. The NY-open wick to the 53.02 yearly low was rejected, and price has since compressed in a 53.70–54.28 band below EMA(20), capped by the fri high at 54.56. Monday's Asia session gapped up to the 54.25 week open, near the 23.6% fib of the 58.03–53.02 leg, and faded back to the Asia low at 53.76, with RSI(14) back in the mid-40s from oversold.
Support: 53.759, 53.446, 53.016
Resistance: 54.25, 54.557, 55.00
What it said to watch
An H1 close below the 53.45 prior low reopens the 53.02 yearly low; a break there extends the downtrend
An H1 close back above the 54.25 week open breaks the short lower-highs line across the consolidation
A close above the 54.56 fri high breaks the lower-high sequence and puts the 55.00 round number and 38.2% fib (54.93) in play
Tue Durable Goods (12:30 UTC) and Wed FOMC (18:00 UTC), where December-hike guidance is the swing factor, could materially shift this read
Lower highs and lower lows since Tuesday's 58.59 week high; tight 53.71–54.25 base since Friday.
Silver topped at 58.59 during Tuesday's NY session and held a 56.93–58.06 range through Wednesday. Thursday's 5.8% slide broke that range as oil-driven Fed hike bets and high yields weighed on metals, and Friday's NY flush to the 53.02 yearly low was bought back inside the hour. That wick low came with a higher RSI(14) than Friday's Asian low near 53.45, a bullish divergence. Since then price has compressed between the 53.71 range floor and 54.25. EMA(20) at 54.10 caps each bounce, and Monday's gap open at 54.25 has already faded back toward the monday low at 53.82.
Support: 53.82, 53.71, 53.02
Resistance: 54.10, 54.25, 54.56
What it said to watch
H1 close above the monday open at 54.25 and EMA(20) shifts the read toward the 23.6% sell-off fib near 54.33 and the friday high at 54.56
Failure to hold the 53.71 range floor reopens the 53.02 yearly low; a break there extends the downtrend
US Durable Goods Tue 12:30 UTC and the Fed decision Wed 18:00 UTC, where December-hike guidance could materially shift this read