Consecutive lower highs since Monday, lows flattening near 56.6.
Silver has trended lower all week from Monday's open near $60, printing consecutive lower highs down to a $56.63 low as US-Iran de-escalation trimmed inflation-hedge demand and a firmer USD capped the metal into the FOMC. Price sits below both EMA(20) and EMA(50) with RSI(14) mid-30s and lows flattening near 56.6-56.7. The 57.55 swing high has capped the last bounce, keeping the lower-high sequence intact.
Support: 56.63
Resistance: 57.55
What it said to watch
H1 close above 57.55 breaks the lower-high sequence
Silver has trended lower all week, sliding from Monday's 60.07 print to 56.89 as US-Iran de-escalation trimmed inflation-hedge demand and a firmer dollar capped rallies. Price is pinned below EMA(20) and EMA(50) with each bounce into the 57.55 lower-high zone being sold; RSI(14) near 36 confirms downside momentum without yet being oversold. The 56.63 swing low is the immediate floor being tested into the FOMC.
Support: 56.63, 55.00
Resistance: 57.55
What it said to watch
H1 close below 56.63 confirms a fresh lower-low and exposes the 55.00 psych pivot
Reclaim of 57.55 would break the run of lower highs
FOMC decision Wed 18:00 UTC + Powell presser 18:30 UTC can materially shift this read
Core PCE Thu 12:30 UTC a further risk to the range
Silver opened this week with a weekend gap up near 59.60 but has been sold steadily since, printing successive lower highs and grinding to a 56.63 swing low as US-Iran de-escalation trimmed inflation-hedge demand and a firmer USD capped rallies. Price now consolidates around the 57.00 round number, holding below EMA20 and EMA50 through the entire down leg. RSI(14) sits in the low-40s, flattening as the drop slows into the FOMC.
Support: 56.635, 57.00
Resistance: 57.55
What it said to watch
H1 close below 56.63 swing low confirms downside continuation
Reclaim of 57.55 prior swing would break the lower-high sequence
FOMC statement Wed 18:00 UTC + Powell presser is the dominant catalyst for the next legs
22:03 UTC
Downtrend, lower highs · RSI 41 · price 57.098
Sequence of lower highs and lower lows, stalling near lows.
Silver has trended lower since Monday's open near 59.87, printing a clean series of lower highs as the USD rebound and US-Iran de-escalation trimmed inflation-hedge demand. Price sits just below EMA20 and EMA50 with RSI(14) around 41, and buyers stepped in twice near 56.64 to stall the slide ahead of the Fed. The 57.55 lower high has capped the latest bounce.
Support: 56.64, 55.00
Resistance: 57.55, 58.20, 59.87
What it said to watch
FOMC statement Wed 18:00 UTC and presser 18:30 UTC could materially shift this read
H1 close above 58.20 breaks the lower-high structure
Silver opened the week near 59.56 and has ground lower session by session, printing a fresh low at 56.635 during NY hours before stabilising around 57.10. The digest ties the slide to easing US-Iran tension and a firmer dollar trimming inflation-hedge demand; price sits below both EMA(20) and EMA(50) with each bounce capped under 57.55. RSI(14) near 40 reflects sustained downside pressure without yet reaching oversold extremes.
Support: 56.635, 55.00
Resistance: 57.55, 59.56
What it said to watch
FOMC decision Wed 18:00 UTC plus Powell presser could materially shift this read
H1 close back above 57.55 would break the lower-high sequence
Failure to hold 56.635 confirms continuation toward the 55.00 area
Silver has bled lower since Monday's session open, gapping up over the weekend near $59.60 then fading through $58 into a run of lower highs — price now sits at $57.10, below both EMA20 and EMA50, as USD firmed and US-Iran de-escalation trimmed inflation-hedge demand. The 56.69 swing low was probed twice this week and held, with RSI(14) around 40 flattening as the decline slows. Prior range at 58.35 remains the ceiling capping recovery attempts.
Support: 56.69, 55.00
Resistance: 57.55, 58.35
What it said to watch
H1 close above 57.55 breaks the run of lower highs
Failure to hold 56.69 opens the 55.00 range base
FOMC decision Wed 18:00 UTC + Powell presser could reset this read
20:03 UTC
Downtrend, lower highs · RSI 44 · price 57.109
Series of lower highs and lower lows, mid-range.
Silver has ground out lower highs and lower lows all week, sliding from the $60 spike toward $57 as US-Iran de-escalation trimmed inflation-hedge demand and a firmer USD capped the metal. The break down through 58.00 into the NY session accelerated the move to a 56.64 swing low before a shallow bounce stalled at 57.55. Price sits just below EMA20 with RSI(14) mid-40s, keeping the bearish lower-high structure intact.
Support: 56.64, 55.00
Resistance: 57.55, 58.20
What it said to watch
FOMC decision Wed 18:00 UTC could materially shift this read
Close below 56.64 opens the path toward the 55.00 range low
Reclaim of 58.20 would break the sequence of lower highs
Sequence of lower highs and lower lows, basing near week low.
Silver has trended lower all week, fading from the Monday gap-up near 60.07 to a 56.64 print during the NY session as US-Iran de-escalation trimmed inflation-hedge demand and the USD firmed. Price sits below EMA20 and EMA50 with each rally into 57.55–57.68 capped, keeping the lower-high structure intact. Buyers stepped in twice around 56.6–56.7, leaving a shallow base ahead of the FOMC.
Support: 56.635
Resistance: 57.68, 58.65
What it said to watch
FOMC decision Wed 18:00 UTC and Powell presser 18:30 UTC could materially shift this read
H1 close below 56.635 confirms a fresh lower-low and opens the path toward 56.00
H1 close above 57.680 breaks the descending lower-highs line and challenges 58.65
Downtrend since Monday's gap-open near 59.56, carving successive lower highs and now grinding against the week's low at 56.635. Price sits below EMA20 (~57.3) and EMA50 with RSI cycling in the 40s; the bounce toward 57.55 was faded through the NY session. Silver has bled from the $60 spike as US-Iran de-escalation trimmed inflation-hedge demand and a firmer USD capped the metal.
Support: 56.635
Resistance: 57.30, 57.55
What it said to watch
H1 close above 57.55 would break the lower-high sequence
Loss of 56.635 week low opens the $56 handle
FOMC Wed 18:00 UTC could materially shift this read
19:03 UTC
Downtrend, lower highs · RSI 43 · price 57.108
Series of lower highs and lower lows below EMAs.
Silver has trended lower since Monday's open, printing a clean sequence of lower highs and holding below both EMAs as US-Iran de-escalation and a firmer USD trimmed inflation-hedge demand. Price faded from the 57.55 session high back toward the 57.04 session low, keeping the week's down-leg intact. RSI(14) is stuck in the low 40s with no recovery of momentum.
Support: 56.635, 57.041
Resistance: 57.55
What it said to watch
FOMC statement Wed 18:00 UTC and Powell presser could materially shift this read
H1 close below 56.635 swing low confirms continuation lower
Reclaim of the 57.55 session high needed to break the lower-high sequence
Silver has bled steadily lower since the week opened near 59.56, printing consistent lower highs and now trading around 57.11 as US-Iran de-escalation trims safe-haven demand and a firmer USD caps the metal. Price sits below both EMA20 and EMA50, with each bounce failing under the descending lower-high line; buyers stepped in at 56.635 to hold the week low. RSI(14) near 41 reflects sustained downside pressure without yet reaching oversold extremes.
Support: 56.635, 57.00
Resistance: 57.68, 59.56
What it said to watch
FOMC decision Wed 18:00 UTC plus Powell presser could materially shift this read
Close below 56.635 confirms a fresh lower-low and opens 57.00 psych break lower
Reclaim of 57.680 prior high would break the lower-high sequence
Core PCE Thu 12:30 UTC is a further USD risk event
Silver has ground lower all week, fading from the $60 spike as US-Iran de-escalation trimmed inflation-hedge demand and a firmer USD capped rallies, printing consecutive lower highs since the weekend gap-up. Price sits below both EMA(20) and EMA(50), with the last NY session pressing the week low near 56.63 before a shallow bounce to 57.11. RSI(14) has stayed sub-45 through the down-leg, keeping the descending structure intact.
Support: 56.635
Resistance: 57.55
What it said to watch
H1 close below 56.63 opens the $55 range floor
Reclaim of 57.55 needed to challenge the lower-high sequence
FOMC decision Wed 18:00 UTC could materially shift this read
Series of lower highs and lower lows below EMA20/50.
Silver has been carving lower highs all week, fading from Monday's gap-up near 60.07 back under 57.50 as US-Iran de-escalation trimmed inflation-hedge demand and the USD firmed. Price sits below EMA20 (~57.80), with the recent NY-session flush tagging 56.635 before a modest bounce to 57.43. RSI(14) near 43 keeps momentum tilted lower without reaching oversold.
Support: 56.635
Resistance: 57.80
What it said to watch
H1 close above 57.80 (ema20) would challenge the lower-high structure
Failure to hold 56.635 week low confirms the next leg down
FOMC decision Wed 18:00 UTC + Powell presser could materially shift this read
Silver has trended lower since Monday's open near 59.56, printing successive lower highs and sliding under both EMA20 and EMA50 as US-Iran de-escalation and a firmer USD trimmed the metal's safe-haven bid. Demand stepped in twice around 56.64-56.71 this week, and the current bounce to 57.3 has RSI(14) recovering off its lows. Price remains capped by the 57.68 prior high, keeping the lower-high structure intact.
Support: 56.64
Resistance: 57.68
What it said to watch
H1 close below 56.64 confirms a lower low and opens the $55 zone
Reclaim of 57.68 prior high needed to break the lower-high sequence
FOMC Wed 18:00 UTC and Powell presser could materially shift this read
16:03 UTC
Downtrend, late bounce · RSI 40 · price 57.447
Lower highs, lower lows since Monday's gap-up.
Silver gapped higher into Monday's open near 60 then bled steadily lower all week, printing a fresh swing low at 56.64 as US-Iran de-escalation crushed the safe-haven and inflation bid. Price sits below both EMA(20) and EMA(50) with RSI(14) cycling in the high-30s to mid-40s, and the last two bars have staged a modest bounce back to 57.45. The prior swing at 58.55 has capped every rebound attempt this week.
Support: 56.64, 55.00
Resistance: 58.55
What it said to watch
Close below the 56.64 swing low exposes the 55.00 range floor
Reclaim of the 58.55 prior swing would ease the downside pressure
FOMC decision Wed 18:00 UTC and Core PCE Thu could materially reset this read
Silver has trended lower since Monday's US-Iran de-escalation pop toward $60 faded, giving back most of the move as the safe-haven bid drained and the USD firmed near YTD highs. Price sits below both EMA(20) and EMA(50) with a string of lower highs, having printed a week low at 56.635 before this bounce back to 57.45. RSI(14) is mid-40s, recovering from the flush but with no confirmed higher structure.
Support: 56.635
Resistance: 58.50
What it said to watch
H1 close below 56.635 confirms a lower-low and opens the $55 floor
Reclaim of the 58.500 EMA20 area needed to break the lower-high sequence
FOMC decision Wed 18:00 UTC and Core PCE Thu 12:30 UTC could materially shift this read
Silver has stair-stepped lower since Monday's gap-up open near 59.56, giving back the entire de-escalation pop as the US-Iran safe-haven bid faded and the USD firmed. The break below 58 accelerated the slide through the NY session, driving price to a fresh week low at 56.635 with price pinned below EMA20. RSI(14) sits near 40 and pullbacks have repeatedly rejected below the 57.80 EMA20.
Support: 56.635
Resistance: 57.80, 58.20
What it said to watch
FOMC decision Wed 18:00 UTC could materially shift this read
H1 close below 56.635 confirms a lower-low and exposes range floor
Reclaim of 58.20 needed to challenge the downtrend structure
15:02 UTC
Downtrend, pressing lows · RSI 42 · price 57.089
Lower highs, lower lows since Monday.
Silver has bled lower since Monday's rejection near $60, sliding through the NY session as US-Iran de-escalation crushed the safe-haven and inflation bid and a firmer dollar capped demand. Price sits pinned under EMA(20), which has rejected every recovery attempt this week, and just tagged a fresh week low at 56.635 before a shallow bounce to 57.09. RSI(14) around 41 keeps momentum tilted lower without yet reaching oversold.
Support: 56.635
Resistance: 57.90
What it said to watch
H1 close below 56.635 opens the path toward the $55 range floor
Reclaim of EMA20 near 57.90 would challenge the lower-highs sequence
FOMC Wed 18:00 UTC and Core PCE Thu could materially reset this read
Since Monday's open silver has ground lower off the near-$60 rebound, stacking lower highs and lower lows into the NY session as US-Iran de-escalation cooled inflation fears and the USD firmed ahead of FOMC. Price has broken the $57.50 shelf and printed a fresh weekly low at 56.69, holding below EMA20 and EMA50 with RSI(14) pinned in the mid-30s. The descending sequence remains intact with no higher high this week.
Support: 56.692
Resistance: 57.56
What it said to watch
Close below weekly low 56.69 opens the $55 range floor
Reclaim of prior high 57.56 needed to challenge the lower-high chain
FOMC statement/press-conf Wed 18:00 UTC could materially shift this read
14:02 UTC
Downtrend, extending · RSI 36 · price 56.925
Lower highs, lower lows into week lows.
Silver has bled lower all week from the 59.56 weekly open, printing a clean sequence of lower highs and lower lows into fresh session lows near 56.69 as US-Iran de-escalation cooled the safe-haven bid. Price sits below both EMA(20) and EMA(50) with RSI(14) around 36, and the 57.55 swing high has capped the two recovery attempts since. Momentum stays offered into Wednesday's FOMC.
Support: 56.692, 56.00
Resistance: 57.55, 59.56
What it said to watch
H1 close below 56.69 opens the 56.00 round number and the wider 55 floor
Recovery above 57.55 swing high needed to stall the lower-high sequence
FOMC statement/press-conf Wed 18:00 UTC is the dominant catalyst and can reset this read
13:03 UTC
Downtrend, consolidating near lows · RSI 43 · price 57.368
Lower highs into week-low base.
Silver rolled over from Monday's ~60 area and has ground down through the week, now pinned near the 56.71 week low with price trading below both EMA(20) and EMA(50). The digest ties the slide to a USD rebound and squaring ahead of the FOMC, with follow-through capped repeatedly on the way up. RSI(14) sits mid-40s as price chops in a tight 57.0–57.68 band above the base.
Support: 57.00, 56.71
Resistance: 57.68, 58.55
What it said to watch
H1 close below 56.71 confirms a lower low and exposes the $55 floor
Reclaim of 57.68 swing high needed to challenge 58.55 prior support
FOMC Wed 18:00 UTC statement is the binary catalyst that can override this range read
13:03 UTC
Downtrend, near lows · RSI 41 · price 57.368
Lower highs, lower lows.
Silver has ground lower all week, fading from the weekend gap-up near 59.9 as the USD rebounded and traders squared up into Wednesday's FOMC. Price sits below EMA20 and EMA50 with a clean sequence of lower highs — 60.07, 58.98, 57.68 — and a session low at 56.71 marking the base of the current leg. RSI(14) around 41 reflects the downside pressure without yet flagging exhaustion.
Support: 56.71, 55.00
Resistance: 57.68
What it said to watch
FOMC decision + statement Wed 18:00 UTC is the dominant catalyst and could reset this read
Loss of 56.71 confirms a fresh lower-low and exposes the 55.00 range floor
H1 close back above 57.68 breaks the lower-high sequence
Silver has faded steadily from Monday's ~59.56 open toward 57.29, printing lower highs into each NY session as the USD firmed and softer oil eased the inflation bid ahead of Wednesday's FOMC. Price sits below both EMA(20) and EMA(50), with RSI(14) hovering in the low-40s after the 56.71 low was bought back. Near-term action is stalling between 57.00 and the 57.68 session high.
Support: 57.00, 56.71
Resistance: 57.68, 58.55, 59.56
What it said to watch
Loss of 57.00 psych and 56.71 swing low confirms continuation lower
H1 close above 58.55 prior high would break the lower-high sequence
FOMC Wed 18:00 UTC could materially shift this read
Silver has bled lower all week, fading from the $60 spike back under $57.50 as the USD firmed and US-Iran de-escalation drained the oil-inflation bid. Price sits below EMA20 and EMA50 with a clean lower-high sequence, and the last leg down tagged 56.71 before a shallow bounce stalled at 57.68. Action here is consolidation just above the week low ahead of Wednesday's FOMC.
Support: 56.71
Resistance: 57.68
What it said to watch
H1 close above 57.68 breaks the lower-high sequence
Failure to hold 56.71 opens the $55 range floor
FOMC Wed 18:00 UTC could materially shift this read
11:02 UTC
Downtrend, near week lows · RSI 42 · price 57.143
Lower highs and lower lows since Monday's open.
Silver has trended lower all week from Monday's open near 59.56, with the NY session driving the bulk of the slide as the USD firmed into Wednesday's FOMC. Price is pinned below EMA20 and EMA50 and pressing the 56.71–57.00 zone, where demand stepped in once already. RSI(14) sits in the low 40s after basing near oversold, reflecting slowing downside momentum rather than a turn.
Support: 56.71, 57.00
Resistance: 57.68, 59.56
What it said to watch
H1 close above 57.68 breaks the sequence of lower highs
Loss of 56.71 confirms a fresh lower low toward the mid-56s
FOMC Wed 18:00 UTC is the dominant catalyst and could reset this read
11:02 UTC
Downtrend, extended · RSI 35 · price 57.143
Lower highs, lower lows.
Silver has bled lower since Monday's reopen near 59.9, printing successive lower highs and lower lows into the 57.0 handle and holding well below both EMAs. The dominant leg came through the NY session with a break under 58.35 accelerating the slide toward the 56.71 swing low. Price is capped by the 21-day area near 60 and now probing the lower half of its broader 55–62 range ahead of Wednesday's FOMC.
Support: 56.71, 57.00, 55.00
Resistance: 57.68
What it said to watch
H1 close above 57.68 breaks the run of lower highs
Loss of 56.71 opens the path toward the 55.00 range floor
FOMC Wed 18:00 UTC is the dominant catalyst and can reset this read
Successive lower highs and lower lows since week open.
Silver has trended lower all week from the 60.07 high, sliding under both EMAs and printing successive lower highs into the NY session. Price probed 56.71 before a shallow bounce to 57.68 that faded back toward 57.18, keeping the sequence intact. Rallies remain capped below the 21-day SMA that the macro read flags near the 60 handle.
Support: 56.71, 57.07
Resistance: 57.68, 58.55
What it said to watch
H1 close above 58.55 breaks the lower-high sequence
Loss of 56.71 opens the path toward the 55 floor
FOMC Wed 18:00 UTC is the dominant catalyst and can reset this read
10:02 UTC
Downtrend, near lows · RSI 40 · price 57.187
Lower highs / lower lows since Monday.
Silver gapped up to the 59.56 weekly open Monday then sold off steadily through the week, printing successive lower highs and now sitting near 57.18 after a rejection at 57.68. Price trades below both EMA(20) and EMA(50) with RSI(14) hovering in the high-30s; the US-Iran de-escalation that eased inflation fears has capped rally attempts under the 21-day area. The 56.71 swing low from the NY session is the immediate structural floor.
Support: 56.71, 57.07
Resistance: 57.68, 59.56
What it said to watch
Close below 56.71 confirms a fresh lower low
Reclaim of 57.68 session high needed to ease downside pressure
FOMC Wed 18:00 UTC + Powell 18:30 is the dominant catalyst and can reshape this read
09:04 UTC
Downtrend, stabilising off lows · RSI 43 · price 57.576
Lower highs and lower lows since week open, bounce off 56.71.
Silver has trended lower all week, gapping up to a 59.56 weekly open before shedding over 2 dollars into a 56.71 low as the USD firmed and oil sank on US-Iran de-escalation. Price sits below EMA20 and EMA50 with lower highs capping each NY-session bounce, though buyers have stepped in twice around 56.71-57.07 to hold the base. The current recovery to 57.576 is a shallow retrace within the broader downtrend.
Support: 56.71, 57.07
Resistance: 58.65, 59.56
What it said to watch
FOMC Wed 18:00 UTC is the binary catalyst that could reset this read
H1 close above 58.65 breaks the lower-high sequence
Failure to hold 56.71 confirms continuation toward the range floor
09:04 UTC
Downtrend, bounce off lows · RSI 43 · price 57.576
Lower highs, lower lows.
Silver has printed a clean chain of lower highs since Monday's ~60.07 open, with the NY session yesterday driving the break below the 58.30 prior-support shelf. Price tagged the 56.71 weekly low and is bouncing, but remains capped below EMA20 and EMA50. The Fed decision Wednesday is the binary that frames this range middle.
Support: 56.71
Resistance: 58.30
What it said to watch
FOMC Wed 18:00 UTC is the dominant catalyst and could reset this read
Close below 56.71 weekly low confirms range floor giving way
Reclaim of 58.30 prior-support would negate the breakdown
Silver gapped higher into Monday's open near 59.56 but has faded steadily since, printing lower highs and lower lows all week. The 58.40-58.55 shelf gave way in the NY session and price tagged 56.71 before a modest bounce back to 57.5; RSI(14) sits in the low 40s, holding below the midline. Price remains under both EMA(20) and EMA(50) as the market chops inside its broader $55-$62 range ahead of Wednesday's FOMC.
Support: 56.71
Resistance: 58.40, 59.56
What it said to watch
H1 close above 58.40 invalidates the lower-high sequence
Failure to hold 56.71 opens toward the $55 range floor
FOMC Wed 18:00 UTC could materially shift this read
Silver has trended lower since Monday's ~59.7 open, printing successive lower highs as USD firmed and price rejected the 60.07 week high. The decline reached 56.71 before a modest bounce back toward 57.5, with RSI(14) recovering off oversold as price sits well below EMA20/EMA50. FOMC Wednesday is the binary that frames the range read.
Support: 56.71
Resistance: 58.35
What it said to watch
H1 close below 56.71 extends the lower-low sequence
Reclaim of 58.35 prior range would neutralise the downtrend read
FOMC Wed 18:00 UTC could materially shift this read
07:03 UTC
Downtrend, extended · RSI 37 · price 57.392
Lower highs, lower lows.
Silver has trended lower all week, sliding from Monday's ~60.07 high toward the 56.71 week low as the USD firmed and oil eased the inflation-shock narrative. Price trades below EMA20 and EMA50 with RSI(14) pinned in the mid-30s; the final bar swept 56.71 and closed back at 57.39, a modest bounce inside the broader $55–$62 range. FOMC on Wednesday remains the binary driver.
Support: 56.71
Resistance: 58.40
What it said to watch
H1 close below 56.71 opens the $55 range floor
Reclaim above 58.40 breaks the lower-high sequence
FOMC Wed 18:00 UTC could materially shift this read
Silver has trended lower all week off the 60.07 Monday high, with each session printing lower highs as the USD firmed into Wednesday's FOMC. The 58.00 shelf gave way in the NY session and price is now pinned near the 56.71 swing low, holding below EMA20 and EMA50. The late bounce off 56.71 to 57.41 is the first sign of demand stepping in near the lower edge.
Support: 56.71
Resistance: 58.00
What it said to watch
H1 close below 56.71 confirms a fresh lower-low, opening the 55.00 range floor
Reclaim of the 58.00 shelf would neutralise the current downtrend read
FOMC Wed 18:00 UTC is the binary — hawkish hold vs dovish tilt reshapes this range
Silver gapped up over the weekend to 60.07 but has bled steadily lower all week, breaking the 58.45 shelf during the NY session and pressing a fresh week low at 56.71. Price sits below both EMA(20) and EMA(50) with RSI(14) in oversold territory near 29, the selling tied to firm US data and a rebuilt hawkish-hold narrative into Wednesday's FOMC. The 57.75 bounce high has capped the latest recovery attempt.
Support: 56.71, 55.00
Resistance: 57.75, 58.45, 60.00
What it said to watch
FOMC Wed 18:00 UTC is the dominant catalyst and could reset this read
Failure to hold 56.71 opens the path toward the 55.00 range floor
H1 close back above 58.45 would neutralise the lower-high structure
Silver has ground lower all week from Monday's open near 59.56, with the decline accelerating through the NY session as price broke the 58.45 swing floor and printed a fresh session low at 56.71. RSI(14) sits near oversold and price trades well below both EMA(20) and EMA(50), keeping structure firmly on a lower-highs sequence. The de-escalation-driven pop faded and XAG remains capped inside its broader $55-63 range, unable to reclaim ground above 58.45.
Support: 56.71, 55.00
Resistance: 58.45, 59.56
What it said to watch
Break below 56.71 opens the path toward the 55.00 range floor
H1 close back above 58.45 would neutralise the lower-high sequence
FOMC Wed 18:00 UTC is the week's dominant catalyst and could reset this read
Lower highs, lower lows, broke weekly range floor.
Silver gapped up into Monday's open then reversed hard, breaking down through the 58.45 range pivot in the NY session and extending to a fresh weekly low at 57.05 as the USD firmed ahead of Wednesday's FOMC. Price trades well below EMA20 and EMA50 with RSI near oversold, and every pullback this week has stalled beneath the 21-day pivot the context flags. The 57.00 psychological floor is the immediate area in focus.
Support: 57.05, 57.00
Resistance: 58.45
What it said to watch
H1 close below 57.00 opens the path toward the mid-$55 range floor
Reclaim of 58.45 range pivot would neutralise the breakdown
FOMC Wed 18:00 UTC could materially shift this read via USD/yields
05:04 UTC
Downtrend, extended lower · RSI 32 · price 57.139
Lower highs, lower lows.
Silver has ground steadily lower since Monday's gap open at 59.56, losing the 58.45 shelf in the NY session and extending to a 57.07 session low as the US-Iran de-escalation kept a lid on the safe-haven bid. Price sits well below both EMA(20) and EMA(50) with RSI(14) pressed into oversold territory, marking a clean sequence of lower highs and lower lows this week. The prior 58.45 support now caps as the first overhead reference.
Resistance: 58.45
What it said to watch
H1 close back above 58.45 would neutralise the lower-high sequence
Failure to hold 57.07 opens the path toward the mid-55 range floor
FOMC Wed 18:00 UTC could materially shift this read via USD/yields
Silver has ground lower since Monday's weekend gap-up open near 59.55, carving a clean sequence of lower highs into the NY session and breaking the 58.30 shelf to print a swing low at 57.07. Price trades below both EMA(20) and EMA(50) with RSI(14) around 33, reflecting the de-escalation-driven unwind that has kept XAG capped and unable to hold above 60 all week. The 57.00 psych level is the immediate zone in focus after the latest leg down.
Support: 57.00
Resistance: 58.55
What it said to watch
H1 close below 57.00 extends the lower-low sequence toward the range floor
Reclaim of the 58.55 lower high needed to challenge the downtrend structure
FOMC Wed 18:00 UTC could materially reset this read
XAG has trended lower since Monday's open near 59.56, printing successive lower highs and breaking the 58.45 shelf into the NY session to reach a fresh week low at 57.07. The de-escalation-driven bid has faded as firm US data keeps the hawkish narrative alive; price sits well below EMA(20) with RSI(14) pressed near oversold. The move is stretched but has yet to show a higher low.
Support: 57.07
Resistance: 58.45
What it said to watch
H1 close back above 58.45 would neutralise the lower-high sequence
Failure to hold 57.07 opens the path toward the mid-$55 range floor
FOMC Wed 18:00 UTC could materially shift this read
Silver sold off through the NY session, snapping the 58.35 shelf that had held since Monday's weekend-gap open at 59.56 and printing a fresh low at 57.06. RSI(14) has pushed into oversold as the decline steepened, with price trading well below EMA20 and EMA50. The broken 58.35 shelf and the 58.65 swing high now cap overhead, while the 57.05 range floor is being retested.
Support: 57.065, 57.046
Resistance: 58.35, 58.65
What it said to watch
H1 close back above 58.35 would negate the breakdown
Failure to hold 57.05 opens the path toward the mid-$55 range floor
FOMC Wed 18:00 UTC is the primary risk into this read
03:03 UTC
Downtrend, momentum building lower · RSI 32 · price 57.183
Lower highs and lower lows since weekly open.
Silver has rolled over since Monday's de-escalation pop, with the weekly open at 59.67 rejected and price grinding lower highs through the NY session into 57.18. The break below the 58.45 supply zone accelerated the move, dropping ~700 pips off the week's high as RSI(14) presses into oversold territory. The de-escalation-driven oil slide has failed to lift XAG, leaving it pinned toward the lower half of its $55-63 range.
Support: 57.065, 57.00
Resistance: 58.45, 59.667
What it said to watch
H1 close below 57.05 swing low opens the mid-55 range floor
Reclaim of 58.45 supply needed to break the lower-high sequence
FOMC Wed 18:00 UTC could materially shift this read
Silver rolled over from this week's failed push toward the $60-61 cap, breaking the $58 support during the Asia session to print fresh weekly lows near $57.2. RSI(14) has pressed toward oversold with price trading below both EMAs. The $58-59 band that framed Monday-Tuesday now caps rallies.
Support: 57.05
Resistance: 58.40
What it said to watch
H1 close below 57.05 exposes the $55 range low
Reclaim of 58.40 needed to neutralise the breakdown
FOMC Wed 18:00 UTC could materially shift this read
02:03 UTC
Downtrend, momentum building lower · RSI 32 · price 57.194
Lower highs and lower lows since weekend gap.
Silver has trended lower all week from the weekend gap near 59.5, printing a clean sequence of lower highs as the $60-61 cap held firm. The NY session drove the latest leg, breaking the 58.35 shelf and accelerating into 57.2, with RSI(14) pressed near 31. The move fits the risk-relief unwind after US-Iran de-escalation, with price now testing the lower end of this week's range.
Support: 57.00
Resistance: 58.35
What it said to watch
H1 close back above 58.35 breaks the lower-high sequence
Loss of 57.00 opens the $55 range low
FOMC Wed 18:00 UTC could materially reset this read
Silver gapped up to open the week near 60.07 but has bled lower through the sessions, printing a sequence of lower highs and losing the 58.00 handle on the final bar. Price sits below both EMA(20) and EMA(50) with RSI(14) around 34, and the de-escalation-driven pop toward the $60-61 cap has fully unwound. The last hour swept 57.70 as supply capped repeated bounces around 58.55.
Support: 57.05, 58.00
Resistance: 58.55
What it said to watch
H1 close below 57.05 exposes the deeper range low
Reclaim of 58.55 would neutralise the lower-high sequence
FOMC Wed 18:00 UTC (hold expected) can materially shift this read
01:04 UTC
Downtrend, pressing lows · RSI 34 · price 57.737
Lower highs, lower lows since Monday open.
Silver has stair-stepped lower all week from Monday's gap-up near 59.9, and the latest NY session broke the $58 support the market had leaned on, printing 57.65. Price sits below both EMA(20) and EMA(50) with RSI(14) pressed into the low 30s, and the $58.55 zone that held as support is now the nearest cap. The slide is part of the post-de-escalation unwind that pulled XAG back off the $60-61 rejection area.
Support: 57.65, 57.05
Resistance: 58.55, 59.87
What it said to watch
H1 reclaim above 58.0 invalidates the fresh lower-low read
Failure to hold 57.05 swing low opens the $55 range low
FOMC Wed 18:00 UTC could materially shift this read
00:03 UTC
Downtrend, drifting lower · RSI 40 · price 58.327
Lower highs, lower lows since week open.
Silver gapped up to a ~59.56 weekly open on Monday's US-Iran de-escalation risk-relief pop, then ground steadily lower all week to sit near 58.33 below both EMA(20) and EMA(50). Successive lower highs off the 60.07 print have kept RSI(14) cycling under 50, with the $58 zone now the near-term floor. The $59-60 cap that was rejected repeatedly this week stays the ceiling into Wednesday's FOMC.
Support: 58.15, 57.65
Resistance: 59.00, 60.07
What it said to watch
H1 close above 59.00 breaks the lower-high sequence
Failure to hold 58.15 opens the 57.65 week low
FOMC Wed 18:00 UTC could materially shift this read
00:03 UTC
Downtrend, momentum easing near support · RSI 42 · price 58.327
Lower highs since Monday's gap-up, testing $58.
Silver opened the week with a weekend gap-up to 59.87 but has bled lower session by session, printing steady lower highs and now grinding along the $58 support zone with price under both EMA(20) and EMA(50). The risk-relief pop off easing US-Iran tensions has stalled, and RSI(14) sits in the low-40s after failing to reclaim the 59.80 monday high. Last few bars have tightened into a thin consolidation just above the 58.15 swing low.
Support: 58.15, 57.05
Resistance: 58.72, 59.80
What it said to watch
H1 close below 58.15 confirms a lower-low and exposes the 57.05 week low
Reclaim of 58.72 session high needed to challenge the descending lower-highs line
FOMC Wed 18:00 UTC (hold expected) — statement tone could materially shift this read