Silver has faded from the 60.5 area back to 57.1 as US-Iran de-escalation and a firmer USD unwind safe-haven flows, leaving a clear lower-high structure below EMA20 and EMA50. Price is now mid-range within the broader 55-62 band, having failed to hold the 58.5 congestion. The 56.6 swing-low cluster is the near-term pivot ahead of the 55.0 range low.
Support: 56.60, 55.00
Resistance: 58.50
What it said to watch
H4 close below 56.6 opens the 55.0 range low
Reclaim of 58.5 (ema20) would challenge the lower-high sequence
FOMC Wed 18:00 UTC + Powell presser can materially shift this read
21:05 UTC
Downtrend, lower highs · RSI 41 · price 57.115
Fading inside $55-$62 range, below EMAs.
Silver keeps carving lower highs inside the broad $55-$62 range, rejected near $60.9 and fading back to $57 as US-Iran de-escalation unwinds safe-haven flows and the USD firms. Price trades below both EMA20 and EMA50 with RSI sub-50, and the retreat stalled just under the 61.8% retrace of the $55.03-$60.91 bounce at ~57.28. ATR sits mid-regime — no compression, so moves are still carrying range.
Support: 55.03
Resistance: 60.00, 62.00
What it said to watch
H4 close below 55.03 opens the $50 psych zone
Reclaim of 60.00 exposes the 62.00 range top
FOMC Wed 18:00 UTC + Core PCE Thu could materially shift this read
Rolling over below 60, capped by descending highs inside $55-$62 range.
Silver is grinding lower inside the well-worn $55-$62 range, printing successive lower highs (60.9 to 60.1) after failing to reclaim $60. Price faded back to 57.45 as US-Iran de-escalation unwound the safe-haven bid and the USD firmed, sitting below both EMA20 and EMA50 with momentum soft. The read stays range-bound into Wednesday's FOMC hold and Thursday's Core PCE, both of which can force a range-boundary test.
Support: 56.70, 55.40, 55.00
Resistance: 59.80, 60.50
What it said to watch
H4 close below 56.7 confirms a fresh lower-low and exposes 55.4 then the 55.0 range low
Reclaim of 59.8-60.5 would break the descending lower-high sequence
FOMC statement Wed 18:00 UTC and Core PCE Thu 12:30 UTC could materially shift this read
Silver keeps printing lower highs inside the broad $55-$62 range, fading from the 60 handle back to 57.45 as safe-haven flows unwound on US-Iran de-escalation and a firmer USD. Price sits below both EMA20 and EMA50 with the 58.65 lower high capping; ATR remains elevated, keeping swings wide. Rejection at 60 leaves the mid-range structure intact ahead of the Fed.
Support: 55.00
Resistance: 58.65, 60.00, 62.00
What it said to watch
FOMC decision Wed 18:00 UTC and Powell presser could materially shift this read
Core PCE Thu 12:30 UTC — a hot print reinforces the USD-firm, silver-capped read
H4 close below 55.00 opens the path toward 50
H4 close back above 60.00 exposes the 62.00 range top
13:03 UTC
Downtrend within broader range · RSI 42 · price 57.292
Pullback inside $55-$62 band, testing 57 support.
Silver remains trapped in the $55-$62 band and has rolled over from the 60.9 swing high, now sitting at 57.29 after repeated rejections near the 60 cap (the widely-watched 21-day SMA). The leg down has retraced roughly 61.8% of the 54.76-to-60.9 impulse, keeping price below both EMAs; ATR is elevated after the recent oil-driven whipsaws. Wednesday's FOMC is the binary catalyst and dominates the near-term read.
What it said to watch
FOMC Wed 29 Jul 18:00 UTC is the dominant catalyst and can reset this read
Failure to hold the 57 swing low opens a slide toward the 55 range floor
H4 close back above the 60 cap would reopen the 62 range top
Break of 55 range floor exposes 50
13:03 UTC
Range-bound, pulling back from top · RSI 42 · price 57.292
Silver remains trapped in the multi-week $55-$62 band, with the recent bounce rejected near $60 — a level that has repeatedly capped rebounds. Price has since rolled back to the $57.29 area, parking almost exactly on the 61.8% retracement of the mid-month $55.03-$60.91 rally. ATR is holding a steady mid-range regime with no compression signal ahead of Wednesday's Fed decision.
Support: 55.00
Resistance: 60.00, 62.00
What it said to watch
FOMC decision in ~29h is the binary catalyst for this range
H4 close below the $55.00 range floor opens the path to $50
Reclaim of the $60.00 cap reopens the $62.00 range top
Silver remains locked in the $55-$62 range, now drifting off the mid toward the lower third at 57.5 with a string of lower highs since the 60.54 rejection. Price sits below both EMA20 and EMA50 and ATR(14) stays elevated, keeping the swings wide and two-sided as the market chops on US-Iran de-escalation headlines. Wednesday's FOMC (hold at 3.75% priced) is the binary event framing the range.
Support: 55.00
Resistance: 58.50, 60.54, 62.00
What it said to watch
Close below the 55.0 range floor opens the path toward $50
Reclaim of 58.5 and a push through the 60.54 swing high re-tests the 62.0 range top
FOMC Wed 18:00 UTC + Powell 18:30 UTC could materially shift this read
09:04 UTC
Range-bound, recent leg lower · RSI 42 · price 57.515
Lower highs since mid-month peak, inside broader range.
Silver remains boxed in its broad $55-$62 range, and the recent H4 leg has rolled over from the 60.90 mid-month high back toward the 57.00 area, printing lower highs on the way down. Price sits below both EMA20 and EMA50, with the 57.07 swing low the immediate structural pivot after two-way chop on US-Iran de-escalation headlines. ATR is mid-regime — neither compressed nor expanding — leaving the read range-bound ahead of Wednesday's Fed decision.
Support: 57.065, 55.40
Resistance: 58.50
What it said to watch
FOMC Wed 18:00 UTC is a binary catalyst that could override this range read
H4 close below 57.06 confirms a lower low and exposes the 55.40 range floor
reclaim of 58.50 needed to negate the lower-high sequence
05:04 UTC
Rangebound, rolling over toward lows · RSI 41 · price 57.378
Lower highs inside $55-63 range.
Silver remains boxed in the multi-week $55-63 range and has rolled over from the gap-up open near 59.8, sliding back under both EMAs toward the lower half of the range. Price gapped higher on the US-Iran de-escalation pop but that move faded, filling the gap and printing a fresh lower high; the 57.05 swing low is now the immediate pivot. ATR is holding elevated, so the pullback still has range to work with ahead of Wednesday's Fed decision.
Support: 57.05
Resistance: 58.45, 59.80
What it said to watch
H4 close below 57.05 opens the mid-$55 range floor
Reclaim of 58.45 needed to negate the rollover
FOMC Wed 29 Jul 18:00 UTC could materially shift this read
Silver remains trapped inside its multi-week $55-63 band, repeatedly rejected below the $60 handle after this week's Middle East de-escalation pop faded. The latest H4 leg has rolled over from 60.07 back to 57.23, pressing the 57.05 swing low as demand thins near the lower half of the range. Price sits below both EMA20 and EMA50, keeping the near-term tone soft ahead of Wednesday's FOMC.
Support: 57.05
Resistance: 58.49, 60.00
What it said to watch
H4 close below 57.05 opens the path toward the mid-$55 range floor
Reclaim of 58.49 would neutralise the near-term downdraft
FOMC statement Wed 18:00 UTC could materially reset this range read
01:04 UTC
Recovery off lows, stalling below cap · RSI 47 · price 58.31
Higher lows since $54.76, capped at $60-61.
Silver rallied ~7% off the $54.76 low as US-Iran de-escalation eased the inflation/rate premium, but the move stalled below the well-worn $60-61 cap that has rejected price repeatedly, including the $60.94 weekly high. Price is now drifting back toward $58 near support, holding above EMA50 but slipping under EMA20. ATR remains elevated, consistent with the two-way $55-61 chop of the past two weeks.
Resistance: 60.94, 61.85
What it said to watch
FOMC Wed 18:00 UTC + presser could materially shift this read
A close above the $60 cap opens the $60.94 weekly high and $61.85
Failure to hold $58 near support exposes the $55 range low
01:04 UTC
Recovery stalling below cap · RSI 48 · price 58.31
Range-bound, higher lows off $55.
Silver has recovered off the $55 range low but is stalling well below the repeatedly-rejected $60-61 cap, drifting back into the $58 support zone after the US-Iran de-escalation pop faded. Price has slipped below a flattening EMA20 while holding above EMA50, leaving it mid-range between $55 and $63. ATR remains elevated, keeping the $58-60 band choppy into Wednesday's FOMC.
What it said to watch
FOMC Wed 18:00 UTC could materially shift this read
H4 close below 58 support opens the 55 range low
Reclaim of the 60-61 cap needed to extend the recovery