XAG/USD AI Live Scan, 1-hour chart, Monday, 27 July 2026
Every read JAFX AI made on the XAG/USD 1-hour chart that day, newest first: trend, structure, the levels it marked and what it said to watch.
23:03 UTC
Downtrend since Monday's open · RSI 40 · price 58.347
Lower highs, lower lows.
Silver gapped up to the 59.56 weekly open on Monday after the US-Iran de-escalation crushed oil, but has bled lower all week, printing successive lower highs from 60.07 down toward the $58 support zone. Price now sits below both EMA20 and EMA50 with RSI in the low 40s and no divergence. The $58 area is holding for now, but the descending sequence remains intact ahead of Wednesday's FOMC.
Support: 58.00, 57.60
Resistance: 59.56
What it said to watch
H1 close below 58.00 opens the path toward last week's 57.60 lows
Reclaim of 59.56 weekly open needed to neutralise the lower-high sequence
FOMC Wed 18:00 UTC is the dominant catalyst — a hawkish hold could pressure this read
Silver has slipped steadily since Monday's ~59.56 open, printing lower highs into a test of the $58 support zone as the US-Iran de-escalation relief pop fades below the $60-61 cap. Price sits under both EMAs with RSI(14) near 40 and no bullish divergence yet. The 58.06 week low is the near-term pivot ahead of Wednesday's FOMC.
Support: 58.06, 57.64
Resistance: 59.00
What it said to watch
H1 close below 58.06 confirms a lower-low and exposes 57.64
Reclaim of 59.00 needed to challenge the descending lower highs
FOMC Wed Jul 29 18:00 UTC is the dominant catalyst — could reset this read
22:03 UTC
Downtrend since Monday's gap open · RSI 41 · price 58.388
Lower highs, testing week low.
Silver gapped higher into Monday's open near 59.56 but has faded steadily since, carving lower highs through the week and trading below EMA20/50. The US-Iran de-escalation relief pop is stalling below the 60-61 cap; RSI(14) sits in the low 40s with price probing the 58.15 week low. Wednesday's FOMC is the dominant catalyst ahead.
Support: 58.15, 57.60
Resistance: 59.56
What it said to watch
H1 close below 58.15 confirms a fresh lower-low toward 57.60 swing low
Reclaim of 59.56 week open would neutralise the descending sequence
FOMC Wed 18:00 UTC could materially shift this read
Silver gapped up to open the week near 59.56 after the US-Iran de-escalation crushed oil and eased hike-odds pressure, but the $60-61 cap held and price has carved lower highs from 60.07 down through 58.98 since. RSI(14) sits near 40 with price below EMA(20) and EMA(50), keeping the intraweek tilt lower into the $58 support zone. Two-way risk dominates ahead of Wednesday's FOMC.
Support: 58.15, 57.66
Resistance: 58.98
What it said to watch
H1 close below 58.15 confirms a lower-low and exposes the 57.66 swing low
Reclaim of 58.98 prior high would break the string of lower highs
FOMC Wed 18:00 UTC (hawkish-hold consensus) could materially shift this read
21:05 UTC
Downtrend, gap-up fading · RSI 41 · price 58.388
Lower highs since Monday's gap open, testing $58.
Silver gapped up to ~59.87 on Monday's open but has faded steadily through the sessions since, printing lower highs and now sliding toward the $58 support zone. Price sits below both EMA(20) and EMA(50) with RSI(14) pressed near 40; the $60-61 cap flagged repeatedly this week was never retested on this leg. The de-escalation-driven pop has stalled ahead of Wednesday's FOMC.
Support: 58.15, 57.65, 57.05
Resistance: 59.00, 59.87
What it said to watch
H1 close below 58.15 opens the 57.65 swing low, then 57.05 range low
Reclaim of 59.00 needed to break the lower-highs sequence
FOMC Wed 18:00 UTC is the dominant catalyst and could reset this read
Silver opened the week with a weekend gap up toward $59.87 but has bled steadily lower since, back to $58.39 and now trading below both EMA20 and EMA50. The move reflects a stall under the well-worn $60-61 cap after the US-Iran de-escalation pop, with each intraday bounce capped at successively lower highs. Sellers have pressed price into the $58.15 session low with RSI(14) parked in the high-30s.
Support: 58.15, 57.64
Resistance: 59.06
What it said to watch
Loss of 58.15 session low opens the 57.64 prior low
H1 close back above 59.06 swing high neutralises the lower-high sequence
FOMC Wed 18:00 UTC is the dominant catalyst and can reset this read
20:03 UTC
Downtrend since Monday's gap-up open · RSI 42 · price 58.537
Series of lower highs and lower lows below the $60-61 cap.
Silver gapped up to ~59.56 at Monday's open on the US-Iran de-escalation risk-relief pop, but has since carved a steady sequence of lower highs and lower lows back toward 58.5, capped repeatedly below the $60-61 zone. Price sits under both EMA(20) and EMA(50) with RSI(14) cycling in the low 40s, reflecting the intraday fade. The 58.15 swing low is the near-term line holding the decline.
Support: 58.154, 57.636
Resistance: 58.985, 59.561
What it said to watch
H1 close below 58.15 confirms continuation toward the 57.6 prior low
Reclaim of 59.0 needed to re-challenge the 59.56 weekly open
FOMC hold + statement Wed 18:00 UTC could materially shift this read
20:03 UTC
Downtrend since week open, fading the gap · RSI 43 · price 58.537
Lower highs off 60.07, testing $58 support.
Silver gapped higher into the week's open near 59.56 but has faded steadily since, carving lower highs from 60.07 and now pressing the $58 support zone as it fills back toward Friday's close. The de-escalation-driven relief pop has stalled well below the $60-61 cap, with price trading under both H1 EMAs and RSI(14) holding sub-50. Demand around 58.15 has so far arrested the slide.
Support: 58.15, 57.60
Resistance: 59.56, 59.80, 60.07
What it said to watch
FOMC Wed 18:00 UTC could materially shift this read
H1 close below 58.00 opens the 57.60 prior low
Reclaim of 59.80 needed to challenge the weekly open
19:03 UTC
Downtrend, lower highs since Monday's gap · RSI 40 · price 58.35
Descending, capped below 60.
Silver gapped higher into Monday's open near 59.56 but has since carved a clean sequence of lower highs, sliding to 58.35 through the NY session with price sitting below both EMA20 and EMA50. The move fits the digest read of a relief bounce repeatedly capped below the 60.00 psych/week high at 59.80, with RSI(14) rolling toward 40. Buyers are struggling to reclaim the 58.99 recent high on each pullback.
Support: 58.15, 57.60
Resistance: 58.99, 59.80, 60.00
What it said to watch
FOMC Wed 18:00 UTC is the dominant catalyst and can materially shift this read
Break below 58.15 session low exposes the 57.60 swing low
Reclaim of the 58.99 recent high would challenge the lower-high sequence
Sequence of lower highs and lower lows off Monday's gap.
Silver gapped higher into Monday's open near 59.56 after the US-Iran de-escalation relief bounce, but has ground steadily lower since, printing lower highs and lower lows back to 58.35. Price now trades below both EMAs, with 58.45 flipping from support to a cap and RSI mired in the high-30s with no recovery yet. The rebound has stalled well short of the repeatedly-rejected 60.00 zone.
Support: 58.15, 57.64
Resistance: 58.65, 59.56, 60.00
What it said to watch
H1 close back above 58.65 would break the week's lower-high sequence
Loss of 58.15 exposes 57.64 prior low
FOMC Wed 18:00 UTC could materially shift this read
18:03 UTC
Downtrend intraday, gap being faded · RSI 38 · price 58.477
Lower highs since Monday open, testing support.
Silver gapped up to the weekly open near 59.56 on Monday as US-Iran de-escalation revived risk appetite, but the whole session has been a steady fade — lower highs off 60.07 and now testing the 58.45-58.50 support that context flags. Price sits below both EMA20 (~59.0) and EMA50 with RSI(14) around 38, confirming intraday downside momentum as the gap is retraced. Demand around 58.30 is the immediate line before 57.60.
Support: 58.287, 57.636
Resistance: 59.00, 60.072
What it said to watch
Hourly close below 58.287 opens the 57.60 swing low
Reclaim of 59.00 psych level needed to stall the gap fade
FOMC Wed 18:00 UTC (hold priced at 3.75%) is the week's dominant catalyst
Silver gapped up to ~59.8 at Monday's open on US-Iran de-escalation but has ground lower all week, pressed back under EMA(20) toward the 58.45 support named in the macro read. Each rally into 59.05 has been sold, keeping lower highs intact, with RSI(14) parked in the low 30s. Price now hovers on the 58.287 day low ahead of Wednesday's FOMC.
Support: 58.287, 57.636
Resistance: 59.05, 59.80
What it said to watch
H1 close back above 59.05 would break the week's lower-high sequence
Loss of 58.287 day low exposes the 57.636 prior low
FOMC Wed 18:00 UTC could materially shift this read
17:04 UTC
Downtrend since gap open, momentum easing · RSI 42 · price 58.618
Lower highs unwinding weekend gap.
Silver opened the week with a large weekend gap up near 59.6, riding the US-Iran de-escalation relief bid, but has bled steadily lower since and now trades back at 58.62 having filled most of that gap. Lower highs have stacked from 59.87, with RSI(14) parked in the low-40s and price back below EMA(20). The 58.29 day low is the immediate floor being tested into the FOMC week.
Support: 58.29, 58.05, 57.05
Resistance: 58.99, 59.80
What it said to watch
H1 close below 58.29 confirms a lower-low toward 58.05 then the 57.05 week low
Reclaim of 58.99 session high needed to stall the post-gap decline
FOMC hold Wed 18:00 UTC could materially shift this read
Silver gapped up over the weekend to ~59.80 on the US-Iran de-escalation relief bid, but has ground steadily lower through the session, printing lower highs and slipping back below both EMA20 and EMA50 near 58.62. Price is now leaning on the 58.45 support that has framed the recovery, with RSI(14) sub-50 confirming the intraday fade. The whole move stays capped well under the $60.00-61.00 zone.
Support: 58.45, 58.20, 57.65
Resistance: 59.00, 59.80, 60.00
What it said to watch
H1 close below 58.45 opens 58.20 gap base then 57.65 swing low
Reclaim of 59.00 needed to re-test the 59.80 day high
FOMC Wed and PCE Thu could materially shift this read
Silver gapped up to open the week near 59.56 after US-Iran de-escalation knocked oil lower and eased the Fed-hike premium; price has since faded steadily through the session, printing lower highs from the 60.07 gap high back toward the 58.45-58.86 support zone. Price sits below EMA20 with RSI(14) rolling into the low-40s, and the session high at 59.80 capped the last attempt higher. Current trade at 58.607 keeps the week's gap only partly retraced.
Support: 58.43, 57.66
Resistance: 59.80, 60.07
What it said to watch
H1 close below 58.43 exposes the 57.66 week low
Reclaim of 59.80 session high reopens the 60.07 gap high and the $60 psych level
FOMC Wed 29 Jul 18:00 UTC is the dominant catalyst and could reset this read
Silver gapped higher into the weekly open near 59.56 then bled steadily lower all week, printing a sequence of lower highs and now trading below EMA20. Price is pressing the 58.45 sma-zone support after tagging a week low at 58.287; the broader bounce toward $60 has been driven by lower oil on US-Iran de-escalation rather than fresh demand. RSI(14) sits in the low 40s, consistent with the fade but not yet stretched.
Support: 58.287, 58.45, 58.00
Resistance: 59.29, 59.56
What it said to watch
H1 close below 58.287 confirms a lower low, exposing the 58.0 psych level
Reclaim of 59.29 swing high needed to challenge the 59.56 weekly open
FOMC Wed 18:00 UTC (hold at 3.75% expected) is the dominant catalyst and can reset this read
15:03 UTC
Downtrend, gap-up fading · RSI 41 · price 58.633
Lower highs since Monday open, filling weekend gap.
Silver gapped higher into Monday's open (Friday's 58.20 close to 59.56) on returning US-Iran diplomacy hopes, but the move has faded steadily through the session with a chain of lower highs from 60.07. Price now sits back at 58.63, having filled much of the gap, with RSI(14) around 41 and price below both EMAs. The $60-61 zone that capped last week remains untested this week.
Support: 58.45, 58.20, 57.60
Resistance: 59.80, 60.07
What it said to watch
Loss of 58.45 exposes the 58.20 gap-fill and 57.60 swing low
H1 close back above 59.80 would break the lower-high sequence
FOMC Wed 18:00 UTC is the dominant risk and could reset this read
Lower highs off the weekend gap, fading toward support.
Silver gapped up into this week's open near 59.56 then rejected the 60.00 psych level, printing lower highs down to 58.63 — the relief in Fed hike-fears from US-Iran de-escalation lifting metals but 60-61 still capping. Price sits below EMA20 with RSI(14) cycling near 41, and the 58.45 near support is now in play. The week's dominant move has been the fade from the 60.07 gap high toward the low-58s.
Support: 58.45, 57.05
Resistance: 59.80, 60.00
What it said to watch
Hourly close below 58.45 exposes the 57.05 week low
Reclaim of 59.80 needed to re-challenge the 60.00 psych cap
FOMC Wed 18:00 UTC could materially shift this read
Silver gapped up to near 59.56 at the weekly open but has faded through the session, printing a string of lower highs off the 60.07 spike back toward 58.50. Rejection at the 60.00 round number matches the digest's capped, rangebound read, and RSI(14) has cycled down into the mid-30s as price now tests the 58.45 near-term support. Price sits below both EMAs after slipping under the weekly open.
Support: 58.45, 57.60
Resistance: 59.56, 60.00
What it said to watch
H1 close below 58.45 exposes the 57.60 swing low
Reclaim of the 59.56 weekly open needed to break the lower-high structure
FOMC Wed 18:00 UTC is the dominant catalyst and could reshape this read
Silver gapped up over the weekend to open near 59.56 but has bled lower through the session, printing successive lower highs and now testing the 58.45 area flagged as near-term support. The weekend risk-on move on US-Iran de-escalation faded at the round number, and RSI(14) has rolled toward 38 as price slipped below both EMAs. Weekly open at 59.56 now caps the tape from above.
Support: 58.426, 58.09, 57.60
Resistance: 59.00, 59.56
What it said to watch
H1 close below 58.45 opens the path toward 58.09 then the 57.60 prior low
Reclaim of 59.00 would challenge the lower-high sequence into the weekly open at 59.56
FOMC Wed 18:00 UTC is the dominant catalyst and can reset this read
Silver gapped higher into Monday's open near 59.56, tagged 60.07 and has ground lower through the session in a clean run of lower highs, now back at 58.96 below EMA20. The pullback tracks the digest's de-escalation two-way theme, with the 60.00 psych zone still capping. RSI(14) has drifted toward 40 as the session low at 58.69 comes back into focus.
Support: 58.69, 58.45
Resistance: 59.40, 59.80, 60.00
What it said to watch
H1 close below 58.45 pivot confirms a lower-low, exposing the mid-55s
Reclaim of 59.40 lower high needed before the 59.80/60.00 rejection zone can be retested
FOMC Wed 18:00 UTC is the dominant catalyst and can override this read
13:04 UTC
Downtrend within weekly range · RSI 43 · price 58.96
Lower highs into $60 cap.
Silver gapped up over the weekend near $59.90 on US-Iran de-escalation, then drifted lower through today's session to 58.96, printing lower highs beneath the $60.00 psych cap. Price now sits below EMA(20) with RSI(14) in the mid-40s; the 58.45 pivot is the immediate downside marker after repeated stalls at the 59.80 today high and the $60.90 week high. The broader week remains choppy consolidation in the high-$50s.
Support: 58.45, 58.20, 57.60
Resistance: 59.80, 60.00, 60.90
What it said to watch
H1 close above 60.00 psych cap opens the descending lower-highs trendline
Failure to hold 58.45 pivot exposes the 58.20 swing low then 57.60 week low
FOMC Wed 18:00 UTC is the dominant catalyst and could reset this read
Weekend gap up, fading from 60 into consolidation.
Silver opened the week with a large weekend gap up from Friday's 58.20 close, then rejected the 60.00 round number early Monday and has faded back toward 59.00 as the US-Iran de-escalation drained the safe-haven bid and eased the USD. Price is pinned around EMA(20) but holding above EMA(50), with RSI(14) cycling near 47 — consolidation rather than trend. The week's structure remains a series of lower highs off the 60.91 high.
Support: 59.00, 58.45, 57.05
Resistance: 60.00, 60.91
What it said to watch
H1 close above 60.00 breaks the lower-high sequence and opens the week high at 60.91
Failure to hold 59.00 exposes the 58.45 pivot, then 57.05 week low
FOMC Wed 18:00 UTC (hold at 3.75% expected) is the dominant catalyst and can reset this read
12:03 UTC
Consolidation, drifting off highs · RSI 44 · price 59.094
Choppy range in high-$50s, lower highs since Monday open.
Silver gapped higher over the weekend, opening Monday near 59.56 and pushing to 60.07 before the $60 area capped it again — the repeated rejection zone flagged into Wednesday's Fed. Price has since bled lower through the session toward 59.00, sitting under EMA(20) with RSI(14) around 43. The high-$50s consolidation from last week remains intact, structure defined by lower highs.
Support: 58.998, 58.45
Resistance: 60.00, 60.94
What it said to watch
H1 close above 60.00 clears the rejection zone and reopens the week high at 60.94
Loss of 58.998 session low exposes the 58.45 pivot
FOMC hold decision Wed 18:00 UTC is the dominant catalyst and could reset this range
Silver gapped higher into this week's open near 59.56 and tagged 60.07 before rolling over; the $60 area capped the move, in line with the repeated rejection zone flagged this week. Price has since ground lower toward the 59.02 swing low with RSI in the mid-40s, holding above EMA50 but slipping under EMA20. The de-escalation-driven bounce is stalling ahead of Wednesday's FOMC.
Support: 59.024, 58.45
Resistance: 60.00, 60.072
What it said to watch
H1 close above 60.00 invalidates the lower-high read
Loss of 59.02 opens the 58.45 pivot
FOMC Wed 18:00 UTC could materially shift this read
11:03 UTC
Recovery off week low, stalling under $60 · RSI 46 · price 59.194
Consolidation below prior lower-high.
Silver gapped higher into the weekly reopen after US-Iran de-escalation eased the risk-off USD, extending a recovery from the $57.05 week low. Momentum has stalled below the session high near 59.80 and the $60.00 psych level that repeatedly capped this week, with price now grinding sideways in the high-$59s and holding above the 58.45 pivot. RSI(14) sits mid-range around 46 as the bounce loses pace under EMA20.
Support: 58.45, 58.20, 57.05
Resistance: 59.80, 60.00, 60.94
What it said to watch
H1 close above 60.00 psych opens path back toward the 60.94 week high
Loss of the 58.45 pivot exposes the 58.20 range low then 57.05 week low
FOMC Wed 18:00 UTC could materially shift this read
10:03 UTC
Rangebound, drifting lower within week's range · RSI 50 · price 59.246
Consolidation below 60.00, lower highs this week.
Silver gapped higher into Monday's open near 59.56 and has since consolidated in a tight 59.08–60.07 band, repeatedly capped below the 60.00 psych level and printing lower highs into the NY hours. Price is drifting back toward the week low at 59.08 with RSI(14) flat near 50, and the 21dma around 58.86 sits just under support. The broader tone stays two-way ahead of Wednesday's FOMC after last week's rejection from the 60.94 high.
Support: 59.08, 58.86, 58.45
Resistance: 59.80, 60.07, 60.00
What it said to watch
FOMC on Jul-29 is the dominant catalyst — could materially shift this read
H1 close below 59.08 exposes the 58.86 21dma and 58.45 support
Reclaim of 59.80 lower highs and a close above 60.00 psych reopens the week high at 60.07
Silver gapped higher at this week's open toward 59.9 but has stalled below the $60.00 psych level, consolidating in a 59.08–59.8 band. The prior week's rally to the 60.94 week high reversed to 57.05 as firmer US yields pressured metals; price has recovered but sits back below EMA20 with EMA50 still under the market. RSI(14) near 49 reflects the two-way tone into Wednesday's FOMC.
Support: 59.08, 58.45
Resistance: 60.00, 60.94
What it said to watch
H1 close above 60.00 psych breaks the consolidation and reopens the 60.94 week high
Consolidation after weekend gap up, boxed 59.10–59.90.
Silver gapped higher into this week's open after Friday's ~2.4% bounce back above 58.50, and price is holding above EMA20 with RSI(14) cycling near mid-range. The session has printed lower highs from the 60.07 gap high, capping into 59.90 while demand has stepped in around 59.10. The unfilled gap toward 58.20 remains the downside reference as bulls again stall short of the weekly high at 60.94.
Support: 59.08, 58.45, 58.20
Resistance: 59.87, 60.07, 60.94
What it said to watch
Close below 59.08 opens the gap-fill path toward 58.45
Close above 60.00 re-exposes the weekly high at 60.94
FOMC Wed 18:00 UTC could materially shift this read
Silver reversed ~4% off Thursday's 60.90 week high down to 57.05, then clawed back and opened this session with a weekend gap up to the 59.5s. Price is now consolidating in a 59.08–59.80 band, parked around the 61.8% retrace of that reversal, with bulls still short of reclaiming the 21-day SMA the digest flags near 60. RSI(14) has flattened in the mid-50s as the move stalls.
Support: 59.08, 58.45, 57.05
Resistance: 59.80, 60.07, 60.90
What it said to watch
H1 close above 59.80 opens the path to 60.07 and 60.90
Failure to hold 59.08 exposes 58.45 support
FOMC Wed 18:00 UTC (hold expected) could materially shift this read
Silver reopened this week with a gap higher to 59.56 but stalled at 60.07, printing lower highs through the session and easing back toward 59.20. The mid-window slide from the 60.94 high to the 57.05 swing low has since retraced roughly 60%, with price holding above EMA20 yet still capped under the 60-61 zone that has repelled every attempt this week. FOMC Wednesday is the dominant catalyst ahead.
Support: 59.12, 58.20, 57.05
Resistance: 60.072, 60.907
What it said to watch
H1 close above 60.07 negates the lower-highs sequence
Loss of the 59.12 session low reopens the 58.20 gap floor
FOMC Wed 18:00 UTC is the dominant catalyst and can reset this read
Consolidating below week high after gap-up recovery.
Silver gapped up into this week's session open from 58.20 to 59.56, extending the recovery off last Thursday's sharp reversal from the 60.90 week high. Price has since stalled, cycling 59.1–59.8 with RSI(14) hovering near the mid-line as the 60–61 supply zone continues to cap. The bounce remains corrective against the broader lower-highs structure noted in the macro read, with FOMC the dominant catalyst mid-week.
Support: 59.13, 58.60, 57.05
Resistance: 59.80, 60.90
What it said to watch
H1 close above 59.90 would extend the recovery toward the 60.90 week high
Loss of the 58.60 gap-fill area reopens the 57.05 reversal low
FOMC Wed 18:00 UTC is the dominant catalyst and can reset this read
Silver gapped higher into Monday's open after recovering from Friday's $57.05 low, and is now consolidating in the high-$59s below the 59.87 day high and $60.00 psychological cap. Price holds above EMA(20) with RSI(14) mid-range near 54; the week's reversal off the $60.94 high has retraced roughly 62%. The two-way tension between Mideast safe-haven bid and oil-driven Fed-hike fears keeps it rangebound.
Support: 59.12, 58.45
Resistance: 59.87, 60.00, 60.94
What it said to watch
H1 close above 60.00 opens the path to the 60.94 week high
Break below 59.12 day low exposes 58.45 support
FOMC Wed 18:00 UTC is the dominant catalyst for this read
Silver gapped higher over the weekend from Friday's 58.20 close and has spent Monday's session chopping between 59.12 and the 60.07 post-gap high. Price is holding above both EMAs but capped under the 60.00 psychological level, echoing the two-way, sub-$60 consolidation the week has carried since the $61 rejection. RSI(14) sits mid-range near 50, offering no directional tilt into midweek.
Support: 59.12, 58.45, 58.20
Resistance: 60.07, 60.00, 60.94
What it said to watch
H1 close above 60.00 opens the path to the 60.94 week high
Failure to hold 59.12 exposes the 58.45/58.20 gap zone
FOMC Wed 18:00 UTC is the dominant catalyst and could reset this range read
Silver gapped up roughly $1.35 into Monday's open on renewed Mideast safe-haven flows, printing a session high at 59.79 before easing back toward 59.30. Price is consolidating between 59.29 and 59.79 above both EMAs, with RSI mid-range near 54. The 60.00 psychological cap and last week's 60.94 high remain the levels supply has respected all week.
Support: 59.29, 58.45
Resistance: 59.79, 60.00, 60.94
What it said to watch
H1 close above 60.00 opens the path toward the 60.94 week high
Failure to hold 59.29 exposes the 58.45 prior support
Wed 18:00 UTC FOMC could materially shift this read
Silver gapped higher into this week's open near 59.56 after Friday's recovery, then settled into a 59.30–59.87 range. Price is parked on the 61.8% retracement of last week's 60.91→57.05 reversal, holding above EMA20 with RSI mid-range. The $60.00 psychological cap and the 60.91 week-high rejection remain the structural ceiling into midweek.
Support: 59.12, 58.45
Resistance: 59.87, 60.00, 60.91
What it said to watch
H1 close above 59.87 session high opens the 60.00 psych level
Loss of 59.12 session low exposes 58.45 prior support
Silver opened this week with a weekend gap higher near 59.56 and pushed to a 60.07 session high before fading back to the low-59s, extending last week's pattern of rejection under the $60 handle. Price holds above EMA(20) and EMA(50) with RSI(14) cycling around the mid-50s, but successive lower highs since the gap show upside momentum stalling. The week's early rally to 60.94 was capped and Thursday's reversal remains the dominant structural event heading into Wednesday's FOMC.
Support: 59.12, 58.45
Resistance: 60.07, 60.00, 60.94
What it said to watch
H1 close above 60.00 psych reopens the 60.94 prior high
Failure to hold 59.12 session low exposes 58.45 support
FOMC Wed 18:00 UTC is the dominant catalyst and could reset this read
05:05 UTC
Recovery, capped sub-$60 · RSI 49 · price 59.273
Consolidation after $61 rejection.
Silver reopened the week near 59.56 and has churned in the high-59s after last week's sharp rejection from the $61 zone and the subsequent slide to 57.05. Price is holding above EMA(20) and EMA(50) but two-way flow has capped attempts near 60.07, with the $60.00 psych level acting as a lid; RSI(14) is neutral around 49. Net read is consolidation sub-$60 into the Wednesday FOMC.
Support: 59.122, 58.45
Resistance: 60.072, 60.00
What it said to watch
H1 close above 60.07 week high reopens the $61 rejection zone
Break below 59.12 week low exposes 58.45 support
FOMC Wed 18:00 UTC is the dominant catalyst for this range
XAGUSD gapped up ~1.3 into this week's open near 59.56 after last week faded from the 60.94 high on oil-driven Fed hawkishness. Price is consolidating in the high-59s, capping below the 60.00 psych level with RSI mid-range, holding above EMA20 and EMA50. Post-gap bars have printed lower highs (59.87 then 59.81) while the 58.20 gap remains unfilled below.
Support: 58.20
Resistance: 60.00, 60.94
What it said to watch
H1 close above 60.00 opens the path back toward the 60.94 week high
Fill of the gap toward 58.20 confirms fading recovery
FOMC Wed 18:00 UTC could reset this sub-60 range read
Silver reversed hard mid-week from the 60.94 high down to the 57.05 area before a two-day recovery back above 59.00. Monday opened with a weekend gap higher into the high-59s, tagged 60.07 and was rejected, leaving price coiling in the 59.30s just under the 60.00 psychological cap. RSI(14) has cooled to the low-50s as the recovery stalls into Wednesday's FOMC.
Support: 59.27, 58.45, 57.05
Resistance: 60.07, 60.00, 60.94
What it said to watch
H1 close above 60.00 reopens the 60.94 week high
Loss of 59.27 session low exposes the 58.45 support
Wed 18:00 UTC FOMC could materially shift this read
03:03 UTC
Recovery, capped below 60 · RSI 54 · price 59.364
Higher low off Thursday reversal, ranging sub-60.
Silver reversed hard off the $61 rejection on Thursday into a 57.05 low, then gapped higher on this week's open and stalled at 60.07 just under the 60.00 psych cap. Price is consolidating in the high-59s with RSI(14) cycling mid-range and holding above both EMAs. The 60.00 level has capped the latest push while 59.29 marks the session floor.
Support: 59.29, 58.45, 57.60
Resistance: 60.00, 60.94
What it said to watch
H1 close above 60.00 opens the path to the 60.94 week high
Failure to hold 58.45 exposes the 57.60 swing low
FOMC Wed 18:00 UTC is the pivotal catalyst and could reshape this read
03:03 UTC
Recovery within a broader range, capped below 60 · RSI 55 · price 59.364
Post-reversal rebound, consolidating under prior highs.
Silver ran from Monday's 56.17 base to a 60.94 week high before Thursday's reversal wiped ~4% back into the 57s on oil-driven Fed hawkishness. The new week opened with a gap higher toward 60, but the 60.07 area rejected the first attempt and price is now consolidating around 59.36, holding above EMA(20). The 61 zone remains the ceiling that capped the whole rally.
Support: 58.45, 58.20, 57.05
Resistance: 60.00, 60.07, 60.94
What it said to watch
FOMC Wed 18:00 UTC is the pivotal catalyst and can override this range read
H1 close above 60.00 reopens the path to the 60.94 week high
Failure to hold 58.45 exposes the 58.20 gap area and 57.05 week low
Silver reversed 4.3% off Thursday's $60.94 tag down to $57.05, then based and gapped up into this week's open, now holding above EMA(20) near $59.73 with RSI(14) back around 60. Buyers have stepped in twice around the $59.29 session low, while the $60.07 prior high caps the recovery. The move retraces roughly two-thirds of last week's correction range.
Support: 59.29, 58.45, 58.20
Resistance: 60.07, 60.94
What it said to watch
FOMC Wed Jul 29 18:00 UTC is the dominant catalyst and could materially shift this read
Close above 60.07 opens the path back to the 60.94 week high
Failure to hold 59.29 exposes the 58.45 support and gap fill toward 58.20
02:03 UTC
Recovering, momentum firm · RSI 61 · price 59.734
Bounce off week low, gap-up into new week.
Silver spiked to the 60.94 week high on safe-haven demand mid-week, then reversed 4.3% into Thursday's session and based near the 57.05 week low before recovering back above prior support at 58.45. The new week opened with a gap up to the high-59s, holding above EMA20/50 and stalling just under the 60.00 psych level, with 60.072 the recent high capping. RSI has cycled back to the low-60s as the metal retraces most of the earlier drop.
Support: 59.29, 58.45, 57.05
Resistance: 60.00, 60.072, 60.94
What it said to watch
H1 close above 60.00 psych opens the path to the 60.94 week high
Loss of 59.29 session low re-exposes prior support at 58.45
FOMC Wed 18:00 UTC is the dominant catalyst and could reset this read
Silver gapped ~1.3 higher into Monday's open, extending Friday's recovery bounce off the 57.05 week low after a volatile week that tagged 60.94 then reversed 4.3%. Price is consolidating in the high-$59s just under the $60.00 psychological level, holding above both EMAs with RSI in the low-60s. The $58.45 support and 58.20 gap sit below as the near-term downside references.
Support: 59.29, 58.45, 58.20
Resistance: 60.00, 60.94
What it said to watch
H1 close above 60.00 opens the path to the 60.94 week high
Loss of the 59.29 session low exposes the 58.20 gap
FOMC Wed Jul 29 18:00 UTC is the week's dominant catalyst
Silver gapped higher into this week's open near 59.56 after Friday's recovery off the 57.05 low, now consolidating just under the 60.00 psych level. The bounce has retraced most of last week's drop from the 60.94 week high, with RSI(14) mid-50s and price holding above EMA20/50. FOMC Wednesday remains the dominant catalyst for the next leg.
Support: 59.29, 58.45
Resistance: 60.00, 60.94
What it said to watch
FOMC Wed Jul 29 18:00 UTC is the week's dominant catalyst for this pair
H1 close above 60.00 psych opens the path to the 60.94 week high
Failure to hold 59.29 session low exposes 58.45 prior supp
00:04 UTC
Recovering after mid-week reversal · RSI 61 · price 59.763
Weekend gap up, bounce off week lows.
Silver opened this week gapping up above 59.50 after Friday closed near 58.20, recovering from Thursday's 4.3% reversal off the 60.94 week high. Price now holds above both EMAs with RSI back near 60; the two-week high at 60.94 and the 60.00 psychological level cap the upside while 58.45 marks the base twice defended this week. Move follows an easing USD after the mid-week oil-driven hawkish Fed repricing.
Support: 58.45, 57.27
Resistance: 60.00, 60.94
What it said to watch
FOMC Wed Jul 29 18:00 UTC is the dominant catalyst and could materially shift this read
H1 close above 60.00 opens the path back to the 60.94 week high
Failure to hold 58.45 exposes the 57.27 week low
00:03 UTC
Recovering after midweek reversal · RSI 61 · price 59.763
Weekend gap up above Friday range.
Silver opened this week with a gap higher to the high-$59s, extending Friday's bounce off the $57.27 low as the dollar eased. The week's dominant move was the run from $56.35 to the $60.90 two-week high before Thursday's 4.3% reversal; price now sits back above both EMAs and near the $60.00 psych level with RSI cycling around 61. The $58.86 area, the week's pivot, marks the floor of the prior consolidation.
Support: 58.86, 57.27
Resistance: 60.00, 60.90
What it said to watch
H1 close below 58.86 wk pivot reopens the midweek range
Rejection at 60.00 psych would cap the recovery; a close above 60.90 sets a new high
FOMC Wed 18:00 UTC is the week's dominant catalyst for this read