Silver clawed back from the 57.40 NY low and is grinding higher, with the latest push tagging the 58.53 session high in thin Asia trade. Price holds above EMA20/EMA50 inside a 58.2-58.5 range; RSI(14) mid-band near 57, no extreme.
Silver bounced from the $57.40 session low and is consolidating $58.20–$58.53 into thin Asian hours, with a brief push to 58.53 capped and RSI(14) mid-range. Price holds above EMA20/50 but volume has dried up, leaving the late-session range intact.
Support: 58.20, 57.92, 57.40
Resistance: 58.53, 58.68, 59.14
What it said to watch
M15 close above 58.53 opens 58.68 then 59.14
Loss of 58.20 reopens 57.92 and the 57.40 session low
ADP and Fed Chair Warsh (Wed) could materially shift this read
23:16 UTC
Recovering off intraday low, momentum picking up · RSI 61 · price 58.518
Range break from 58.2 consolidation late session.
Silver chopped in a tight 58.2-58.3 band through the thin late session before a bullish push to 58.53 into the close, RSI(14) lifting to ~61. The recovery off the 57.40 intraday low remains intact; 58.53 session high is the immediate area to watch for rejection or continuation.
Support: 58.20, 57.404
Resistance: 58.53, 58.681, 58.92
What it said to watch
M15 close above 58.53 opens the path to 58.68 then 58.92
Loss of 58.20 returns price into the prior consolidation range
ADP and Fed Chair Warsh Wed could materially shift this read
23:02 UTC
Ranging after recovery off lows · RSI 50 · price 58.266
Tight consolidation near 58.30, mid of prior decline.
Silver is locked in a thin, low-volume range between 58.19 and 58.39, drifting after recovering from the 57.40 session low. Price sits near the 50% retrace of the earlier decline from 59.05; RSI(14) flat near 50 with no momentum either way.
Support: 58.19, 57.92, 57.40
Resistance: 58.39, 58.68
What it said to watch
M15 close above 58.39 opens the path back toward 58.68
Failure to hold 58.19 reopens 57.92 then the 57.40 session low
ADP and Fed Chair Warsh Wednesday could materially shift this read
Silver bounced from the 57.40 session low and climbed back to grind in a tight 58.00-58.39 band into thin late-session liquidity. The Hormuz-driven inflation bid that pinned XAG near $58 keeps the recovery capped; price is parked just above EMA20/50 with RSI mid-range.
Support: 58.00, 57.61, 57.40
Resistance: 58.39, 58.68
What it said to watch
M15 close above 58.39 range top opens 58.68 swing high
Failure to hold 58.00 reopens the 57.61 swing low
ADP and Fed Chair Warsh Wed could materially shift this read
Silver is consolidating in a tight 58.15-58.39 range in early Asia after a corrective bounce off the 57.40 NY-session low, with RSI(14) neutral near 55. The metal recovered from Hormuz-driven inflation pressure but supply capped the move at 58.68; price now coiling mid-range with no momentum either way.
Support: 58.15, 57.92, 57.40
Resistance: 58.39, 58.68
What it said to watch
M15 close above 58.39 opens the path back to 58.68
Failure to hold 58.15 reopens 57.92 then the 57.40 low
ADP and Fed Chair Warsh Wed could materially shift this read
Silver bounced from the 57.41 swing low and is now coiling in a tight 58.0–58.39 range through the low-volume Asia session, with RSI(14) flat near 54. Price holds above EMA20 and EMA50 but the late-session bars are thin and directionless.
Support: 58.00, 57.92, 57.41
Resistance: 58.39, 58.68
What it said to watch
M15 close above 58.39 opens the path back to 58.68
Failure to hold 58.00 re-exposes the 57.92 session low
ADP and Fed's Warsh Wed could materially shift this read
22:02 UTC
Downtrend, basing after flush · RSI 54 · price 58.285
Consolidation above swing low.
Silver is coiling in a tight 58.20-58.34 range after the flush to the 57.40 swing low, with the oil-driven risk-off bid stalling. Price has reclaimed the EMA20 and EMA50 but rallies are capped under the 58.39 recent high; RSI mid-range near 54.
Support: 57.92, 57.40
Resistance: 58.39, 58.68
What it said to watch
M15 close above 58.39 opens the 58.68 prior high
Loss of 57.92 reopens the 57.40 swing low
ADP and Fed Chair Warsh Wed could materially shift this read
21:46 UTC
Recovering off day low, momentum flat · RSI 55 · price 58.285
Higher lows since 57.40, consolidating near 58.30.
Silver clawed back from the 57.40 day low to consolidate near 58.30 in thin, late-session trade (volumes fading), the recovery aided by easing safe-haven flows after the US-Iran de-escalation. RSI(14) sits mid-range and ATR is ~158 pips; price holds just under the 58.39 recent high with EMA20/50 reclaimed.
Support: 57.92, 57.404
Resistance: 58.39, 58.681
What it said to watch
M15 close above 58.39 opens 58.68
Failure to hold 57.92 reopens the 57.40 day low
ADP and Fed Chair Warsh Wed could shift this read
21:31 UTC
Recovering off lows, consolidating · RSI 54 · price 58.285
Higher lows off 57.40, capped near 58.35.
Silver bounced from the 57.40 session low and has coiled into a tight 58.10-58.35 range through the late NY-Asia transition, holding above EMA20/50. The move fits the PCE-relief corrective bounce within a broader hawkish-Fed downtrend; momentum is flat with RSI mid-range.
Support: 57.92, 57.40
Resistance: 58.35, 58.68
What it said to watch
M15 close above 58.35 opens the path to the 58.68 prior high
Loss of 57.92 confirms a lower low and reopens the 57.40 base
ADP/Warsh later this week is the marquee risk for the next legs
Consolidation above session low after sweep of 57.40.
Silver is ranging roughly 57.92–58.39 after the corrective bounce off the 57.40 flush low, in line with the oversold PCE-relief read. Price now sits in the upper third of the range, RSI(14) mid-50s, no fresh extension yet.
Support: 57.92, 57.60, 57.40
Resistance: 58.39, 58.68
What it said to watch
M15 close above 58.39 opens the path toward the 58.68 swing high
Failure to hold 57.92 reopens the 57.60 range low and 57.40 flush low
ADP and Fed Chair Warsh Wed could materially shift this read
Silver recovered off the $57.40 session low and is consolidating around $58.28 into the Asian session, RSI(14) neutral near 53. The bounce has stalled under the $58.52 supply shelf while swing lows step up from $57.40, keeping price boxed in a tight $58.10–$58.40 band.
Support: 58.10, 57.92, 57.61
Resistance: 58.52, 58.68
What it said to watch
M15 close above 58.520 extends the recovery toward 58.680
Loss of 58.100 reopens 57.920 and the 57.610 session low
ADP and Warsh Wed could materially shift this read
20:46 UTC
Downtrend stabilising, range building · RSI 54 · price 58.238
Consolidation after flush, holding above 57.92.
Silver flushed to 57.40 mid-session on renewed Hormuz-driven Fed angst, then recovered and has been consolidating 57.92–58.39 through the NY hours. Late-session volume is thin with price pinned near 58.24, RSI(14) back to neutral after the oversold dip.
Support: 57.92, 57.61, 57.404
Resistance: 58.39, 58.68
What it said to watch
M15 close below 57.92 reopens the 57.61/57.40 flush lows
Close above 58.39 invalidates the range cap and exposes 58.68
ADP and Warsh (Wed) are the next material catalysts for this read
20:31 UTC
Downtrend, recovering off lows · RSI 58 · price 58.296
Basing above session low, rising lows.
Silver flushed to a 57.40 session low during the NY session before buyers stepped in, grinding back to consolidate in the 57.92–58.39 band, with the wider hawkish-Fed downtrend still intact. RSI(14) has reset to mid-range near 57 as price holds above EMA20 into the late session.
Support: 57.92, 57.40
Resistance: 58.39, 58.51, 58.68
What it said to watch
M15 close above 58.39 swing high opens the path to 58.51/58.68
Loss of 57.92 session low reopens the 57.40 low
ADP and Warsh (Wed) are the next material risk to this read
20:16 UTC
Corrective bounce, now ranging · RSI 54 · price 58.256
Consolidation 58.0–58.4 above session lows.
Silver bounced off the 57.43 area near its seven-month low — oil-driven inflation fears keep the broader bid heavy — and has since stalled into a tight 58.0–58.4 range late in the NY session. Price holds above EMA20/50 with RSI mid-band; the 58.39 session high caps and 58.00 is the base buyers have defended.
Support: 58.00, 57.43
Resistance: 58.39, 58.68
What it said to watch
M15 close below 58.00 reopens the 57.43 low
Close above 58.39 exposes 58.68 prior high
ADP and Warsh (Wed) are the next material catalysts for this read
Silver swept the 57.40 NY-session low after a ~1.6% flush on renewed Hormuz/Fed inflation fears, then recovered to consolidate near 58.20. Price is hemmed between the 57.92 range low and the 58.39 range high with RSI back to neutral.
Support: 57.92, 57.40
Resistance: 58.39, 58.68
What it said to watch
Close below 57.92 reopens the 57.40 sweep low
Close above 58.39 range high exposes 58.68
ADP (Wed 12:15 GMT) and Warsh could materially shift this read
Consolidation below 58.40 after bounce from 57.40.
Silver bounced off the 57.40 intraday low during NY hours and is now consolidating in a 57.90-58.40 band, capped sub-$59 as Fed-hawkish/strong-USD pressure persists. RSI(14) sits mid-range near 53 with price hugging EMA20; no directional setup in play.
Support: 57.92, 57.60, 57.40
Resistance: 58.39, 58.68
What it said to watch
M15 close above 58.40 opens a retest of the 58.68 session high
Failure to hold 57.90 reopens the 57.60/57.40 lows
ADP and Warsh (Wed) could materially shift this read
19:31 UTC
Recovering off lows, capped · RSI 55 · price 58.30
Consolidation below 59.00 after bounce.
XAG chopping in a 57.92-58.39 band after rebounding off the 57.40 session low, still pinned below the $59.00 cap into late NY hours. Last bar reclaimed 58.30 with RSI(14) mid-range; no fresh extension, two-way drift as the market waits on Wednesday's ADP and Warsh.
Support: 57.92, 57.40
Resistance: 58.39, 59.00
What it said to watch
M15 close below 57.92 reopens the 57.40 session low
Close above 58.39 puts the 59.00 cap in play
ADP (Wed 12:15 GMT) and Warsh speech could shift this read
19:16 UTC
Ranging, rolling over from session high · RSI 42 · price 57.925
Rejection at 58.39, fading into NY close.
Silver faded from the 58.39 session high back to 57.92 into the NY close, slipping below EMA20 as the US-Iran truce drained the safe-haven bid. Price now sits near the 50% retrace of the 57.43-58.39 recovery, RSI cooling toward 41 with no oversold stretch yet.
Support: 57.61, 57.43, 57.40
Resistance: 58.39
What it said to watch
M15 close below 57.61 reopens the 57.43 session low
Reclaim of 58.39 invalidates the rejection read
Wed ADP + ISM Manufacturing could materially shift this read
Consolidating below session high after bounce off lows.
Silver bounced off the 57.43 session low during NY hours and is now consolidating in a 58.00–58.39 band, RSI(14) back near neutral. Latest bars stalled at the 58.39 session high and faded to 58.12, keeping the broader bearish tape from $59 intact.
Support: 58.00, 57.43
Resistance: 58.39, 58.68
What it said to watch
M15 close below 57.43 confirms a lower-low and reopens the downside
Close above 58.39 session high extends the corrective bounce toward 58.68
ADP and ISM Manufacturing on Wed could materially shift this read
18:46 UTC
Recovery off lows, momentum building · RSI 57 · price 58.303
Higher lows, consolidating below session high.
Silver based twice near 57.40 during NY hours and has ground back to 58.30 on a chain of higher lows, consolidating just under the 58.39 session high. RSI(14) mid-range with no extreme; price holding above EMA20/50 but the $59.00 pivot from the broader bearish backdrop still caps overhead.
Support: 58.03, 57.61, 57.40
Resistance: 58.39, 58.68, 59.00
What it said to watch
M15 close above 58.39 opens the 58.68 prior high
Loss of 58.03 session base reopens 57.61 swing low
ADP and ISM Manufacturing (Wed) could reset this read
Consolidation below 58.39 after higher low at 57.61.
Silver bounced from the 57.40 session low and is now consolidating 58.00-58.39 as the US-Iran truce trimmed the safe-haven oil bid. Price holds above EMA20/50 with RSI(14) mid-range; 58.39 caps the recovery while 58.00 has held as near-term support.
Support: 58.00, 57.61, 57.40
Resistance: 58.39, 58.68
What it said to watch
M15 close above 58.39 opens the path to 58.68
Failure to hold 58.00 reopens 57.61 then the 57.40 session low
ADP, Warsh and ISM Manufacturing on Jul 1 could materially shift this read
Silver carved a double bottom near 57.40 during NY hours and squeezed to 58.68 before fading, helped by the oil/Hormuz inflation premium and a softer USD. Price now consolidates in a tight 58.00-58.39 band, RSI(14) neutral around 53 with no momentum extreme.
Support: 58.00, 57.608, 57.404
Resistance: 58.388, 58.681
What it said to watch
M15 close above 58.39 opens the 58.68 swing high
Loss of 58.00 reopens the 57.60/57.40 lows
Wed ADP + ISM Manufacturing could break this consolidation
Silver bounced from the $57.40 swing low to $58.68 through the NY session as the US-Iran truce drained the safe-haven bid, then settled into a tight $58.00-$58.39 range below the $59.00 pivot. RSI(14) mid-zone near 53, no extreme; price hugging EMA20 with momentum flattening into the close.
Support: 58.00, 57.61, 57.40
Resistance: 58.39, 58.68, 59.00
What it said to watch
M15 close above 58.68 opens the path to the 59.00 pivot
Loss of 57.61 reopens the 57.40 swing low
Wed Jul 1 ADP / Warsh / ISM cluster could materially shift this read
17:46 UTC
Ranging, no clear direction · RSI 46 · price 58.066
Consolidation below 58.40 range top.
NY afternoon has silver chopping in a 57.61–58.40 range after bouncing off the 57.40 swing low, all of it pinned below the $59 pivot. RSI(14) sits neutral near 46 with price hugging EMA20; no directional setup in play.
Support: 57.608, 57.404
Resistance: 58.388, 58.667
What it said to watch
M15 close below 57.608 re-exposes the 57.404 swing low
Reclaim of 58.388 range top would open the session high at 58.667
Wed ADP + ISM cluster could materially shift this read
17:31 UTC
Downtrend, attempting to stabilise · RSI 52 · price 58.158
Bounce off 57.61 low, consolidating below 58.40.
Silver slid through NY hours to a session low of 57.61 then recovered, now consolidating in a 57.90–58.30 band below the 58.39 session high. RSI(14) back near 52 after the earlier washout; price holding just above EMA20 but capped under EMA50, in line with the broader hawkish-Fed pressure on the metal.
Support: 57.608, 57.404
Resistance: 58.388, 58.681
What it said to watch
M15 close above 58.39 reopens the path to the 58.68 prior high
Loss of 57.61 confirms a lower-low and exposes 57.40
Wed ADP + ISM Manufacturing cluster is the key risk that could break this range
17:16 UTC
Downtrend, bouncing off lows · RSI 57 · price 58.284
Recovery off 57.40 low, capped below 58.40.
Silver carved a low at 57.40 during NY hours and has ground back to 58.28, recovering along a string of higher lows but stalling below the 58.39 session high. The bounce fits the oversold context after this week's ~10% collapse; RSI(14) near 57 has reset off lows without confirming a reversal.
Support: 57.608, 57.404
Resistance: 58.388, 58.667
What it said to watch
M15 close below 57.60 resumes the lower-low sequence toward 57.40
Close above 58.40 opens the path to 58.67
Wed ADP, Warsh and ISM cluster could materially shift this read
17:03 UTC
Downtrend, bounce off lows · RSI 53 · price 58.172
Double bottom near 57.40, consolidating below 58.40.
Silver carved a double bottom near 57.40 during NY hours and recovered to 58.17, stalling at the 61.8% retrace of the 58.67-57.42 drop. RSI(14) back near 53 from oversold; price hugging EMA20 but capped below the 58.40 swing as the US-Iran truce drains the prior haven-driven slide.
Support: 57.42
Resistance: 58.40, 58.67
What it said to watch
M15 close above 58.40 opens the path to the 58.67 NY high
Loss of 57.42 confirms a fresh lower-low
Wed ADP/ISM cluster could materially shift this read
16:46 UTC
Downtrend, consolidating · RSI 44 · price 57.991
Range-bound above a double bottom.
Silver slid from the 58.66 session high to a 57.40 low during NY hours as a firm USD kept pressure on, then carved a double bottom at 57.40 and is now drifting around 58.00 below the 58.20 swing high. RSI(14) mid-40s, no momentum extreme; price coiling under EMA20/50.
Support: 57.40, 57.60
Resistance: 58.20, 58.66
What it said to watch
M15 close below 57.40 breaks the double bottom and exposes 57.60 then the 55.63 multi-month low
M15 close above 58.20 challenges the 58.66 session high
US JOLTS/Consumer Confidence and Wed ADP/ISM cluster could shift this read
16:31 UTC
Downtrend, consolidating near lows · RSI 46 · price 58.022
Double bottom at 57.41, range below 58.20.
Silver carved a double bottom at 57.41 and is now consolidating tightly around 58.00, capped below the 58.20 swing high after the US-Iran truce drained the oil-led safe-haven bid. Price sits just under EMA20/50 with RSI(14) neutral near 46 — no reversal confirmed off the lows.
Support: 57.41
Resistance: 58.20, 58.68
What it said to watch
M15 close below 57.41 confirms a lower-low and breaks the double-bottom
Reclaim of 58.68 session high reopens the path toward $59.00
Wed ADP and ISM Manufacturing could materially shift this read
M15 in a clean downtrend through the NY session; the slide from 58.68 swept the session low to 57.43 before a sharp rejection candle reclaimed 58.00. Silver now coils ~58.03 just under EMA20, capped below $59 with the hawkish-Fed and US-Iran truce narrative draining direction.
Support: 57.61, 57.43
Resistance: 58.19, 58.39, 58.68
What it said to watch
Close above 58.19 challenges the down-leg and the 58.39 prior high
Failure to hold 57.61 reopens the 57.43 swing low
Wed ADP / ISM cluster could materially shift this read
16:02 UTC
Downtrend, stabilising off lows · RSI 47 · price 58.043
Lower highs, double bottom near 57.43.
Silver leaked lower through NY hours to a 57.43 double bottom before recovering to the 58.0 psych line, capped well below the 58.5 swing high. The down-leg fits the hawkish-Fed/firm-USD tone, with the bounce tied to US-Iran de-escalation draining the oil-premium bid; price is consolidating below 58.5.
Support: 58.00, 57.427
Resistance: 58.50
What it said to watch
M15 close above 58.5 swing high would break the lower-high chain
Loss of 57.43 double bottom opens fresh lows
Wed ADP and ISM Manufacturing could materially shift this read
Silver pressed a fresh NY-session low at 57.43, matching the earlier 57.40 print to form a double bottom, before recovering to the 58.00 round number. RSI(14) has lifted off oversold to mid-40s but price remains capped under the 58.68 swing high, keeping the broader down-leg intact.
Support: 57.43
Resistance: 58.68
What it said to watch
M15 close back below 57.43 confirms a lower low and voids the double-bottom read
Reclaim of 58.68 needed to break the descending structure
Wed ADP + ISM Manufacturing cluster could materially shift this read
15:31 UTC
Downtrend, bounce off lows · RSI 43 · price 57.948
Lower highs, lower lows.
Silver sold through the NY session into a 57.40 sweep low before bouncing to 57.95, still under the $59 area flagged in the macro read. Lower-high chain intact below 58.22; current bounce is corrective so far.
Silver remains in a NY-session downtrend, sliding from 58.68 to a 57.42 low before a shallow bounce stalled near 58.19. Price trades at 57.90 below EMA20/50 as the broader bearish read holds and rallies keep getting sold below 59.00.
Support: 57.427, 57.404
Resistance: 58.193, 58.681
What it said to watch
M15 close back above 58.20 recent high would ease the lower-high pressure
Loss of 57.41 intraday low confirms continuation lower
Fed Warsh / ADP / ISM cluster Wed could materially shift this read
15:02 UTC
Downtrend, bouncing off lows · RSI 46 · price 57.965
Lower highs, lower lows; mid-range chop.
XAGUSD sold off through the NY session to a 57.404 low before buyers stepped in twice near 57.4-57.6, with price now hanging at 57.965 below both EMAs. RSI(14) sits neutral near 46 after the bounce; silver remains capped well under the 58.681 session high as US-Iran de-escalation and a soft USD leave it consolidating below $59.
Support: 57.608, 57.404, 57.427
Resistance: 58.20, 58.681
What it said to watch
Close below 57.404 confirms a lower-low and reopens downside
Reclaim of 58.20 pivot needed to ease the downtrend read
Wed ADP / ISM cluster could materially shift this read
14:46 UTC
Downtrend, bounce off lows · RSI 44 · price 57.947
Lower highs, double bottom forming at 57.40.
Silver slid through the NY session to a 57.40 session low, where a second test held to print a tentative double bottom. The bounce stalled near 58.20 and price faded back to 57.95; structure stays in lower highs while oil/Iran headlines drive the tape.
Support: 57.40
Resistance: 58.20
What it said to watch
M15 close below 57.40 invalidates the double bottom and exposes 55.63
Reclaim of 58.20 needed to break the lower-high chain
Wed ADP + ISM cluster could materially shift this read
14:31 UTC
Downtrend, bouncing off lows · RSI 43 · price 58.132
Lower highs, recent low sweep then recovery.
Silver swept the session low to 57.43 on the last bar then snapped back to 58.13, matching the 57.40 low from earlier in the NY session — a potential double bottom. Price holds below EMA20 and the 58.68 swing high with RSI(14) recovering off oversold; the bounce remains capped well under the 59.00 pivot, consistent with post-truce consolidation as the Hormuz safe-haven bid drains.
Support: 57.43
Resistance: 58.68, 59.00
What it said to watch
M15 close below 57.40 negates the double bottom and reopens 55.63
Reclaim of 58.68 needed to challenge the 59.00 pivot
Wed ADP/ISM cluster could materially shift this read
14:16 UTC
Downtrend, accelerating · RSI 33 · price 57.511
Lower highs and lower lows, fresh session low.
Sharp leg lower into NY hours: XAG snapped the 58.00 floor and printed 57.43 before closing 57.51, with silver pressured by the firm USD / hawkish-Fed tone. RSI(14) near 33 but not yet at an oversold extreme; the 58.68 session high was rejected earlier and is now well above price.
Support: 57.427, 57.00
Resistance: 58.184, 58.681
What it said to watch
Loss of 57.43 session low opens the path toward the 57.00 round number
Reclaim of 58.18 swing high needed to ease downside pressure
ADP and ISM Manufacturing Wed could materially shift this read
Silver bounced off the 57.40 swing low and ran to a session high at 58.68 during NY hours, but the move has faded back to 58.08 — roughly the 50% retrace of that leg. Price sits below EMA20/EMA50 with RSI near 47; the corrective bounce is stalling within the broader downtrend.
Support: 57.67, 57.404
Resistance: 58.681, 59.00
What it said to watch
Close back above 58.68 reopens the path toward 59.00
Failure to hold 57.67 puts the 57.40 swing low back in play
Wed ADP/Warsh/ISM cluster could materially shift this read
Silver swept the intraday low at 57.40 during NY hours and recovered to 58.68 as the US-Iran truce drained the energy-led bid, now easing back to 58.32. RSI(14) near 53 after the bounce; price holds above EMA20 but sits under EMA50, keeping the broader downtrend intact.
Support: 58.00, 57.40
Resistance: 58.68, 59.05
What it said to watch
M15 close back below 58.00 reopens the 57.40 swing low
Close above 58.68 extends the bounce toward 59.00
Wed ADP/Warsh/ISM cluster is the next major catalyst for this read
Higher lows since 57.40, pullback from session high.
Silver bounced off the 57.40 session low during NY hours and chained higher lows up to a 58.746 session high before pulling back to 58.35, RSI(14) cooling back to neutral. The recovery fits the soft-USD, US-Iran-truce tone, but the move stalled below the 59.00 round number.
Support: 57.59, 57.404
Resistance: 58.746, 59.00
What it said to watch
Close back below 57.59 swing low negates the recovery and re-exposes the 57.40 session low
Close above 58.746 session high opens the path to the 59.00 round number
Wed ADP/ISM/Warsh cluster is the bigger risk to this read
13:16 UTC
Downtrend, bouncing off lows · RSI 61 · price 58.688
Recovery off session low, higher lows building.
XAGUSD rejected the 57.40 session low and rallied through NY hours back to 58.69, RSI lifting out of oversold as the US-Iran truce drained the safe-haven/oil-inflation bid. Higher lows are forming off 57.40 but the move is now pressing the 58.86 swing-high band.
Support: 58.025, 57.404
Resistance: 58.861
What it said to watch
Reclaim and hold above 58.86 swing high keeps the recovery intact
Loss of 58.025 pullback low reopens the path back to the 57.40 session low
Tue JOLTS / Consumer Confidence could shift this intraday read
Lower-low into 57.40 then recovery toward range mid.
Silver swept the session low at 57.40 during NY hours then squeezed back to 58.52, RSI lifting off oversold. The 58.66–58.92 band caps the rebound; broader tape stays in a bear regime tied to hawkish-Fed hike pricing.
Support: 58.05, 57.40
Resistance: 58.66, 58.92
What it said to watch
M15 close above 58.66 swing high extends the relief bounce toward 58.92
Loss of 58.05 round number reopens the 57.40 session low
Wed Jul 1 ADP/ISM/Warsh cluster could materially shift this read
Silver swept the 57.40 session low during London hours before recovering to 58.44, RSI(14) lifting back to mid-50s after earlier oversold readings. A higher-low chain is building off 57.40, but 58.65 swing high remains the nearest ceiling on this intraday bounce.
Support: 57.40
Resistance: 58.65, 58.92
What it said to watch
Close above 58.65 swing high opens 58.92 intraday high
Loss of 57.40 session low resumes the downtrend toward the weekly 55.63 pivot
ADP (Wed 12:15 GMT) and Warsh speech could materially shift this read
Lower lows into 57.40, rebounding off the session low.
Silver was sold to a session low of 57.40 during NY hours before buyers stepped in, recovering to 58.15. The bounce fits the oversold context after this week's hawkish-Fed/strong-USD slide; RSI(14) is recovering near 46 off the lows but the broader M15 sequence is still lower highs and lower lows.
Support: 57.901, 57.404
Resistance: 58.386, 58.641
What it said to watch
Close above 58.39 would extend the rebound toward 58.64
Failure to hold 57.90 reopens the 57.40 session low
ADP (Wed 12:15 GMT) and Warsh (13:00) could materially shift this read
Silver flushed to a 57.40 session low through the NY hours on the hawkish-Fed/strong-USD backdrop, then staged an oversold bounce back to 58.26. RSI(14) has lifted off its lows to mid-range; the recovery is testing the 58.40 bounce high with the broader 58.92 swing high still capping above.
Support: 57.90, 57.40
Resistance: 58.40, 58.92, 59.00
What it said to watch
Reclaim of 58.40 keeps the bounce line intact; sustained close above 59.00 challenges the down-move
Failure to hold 57.90 reopens the 57.40 swing low
ADP and Warsh later in the week are the dominant catalysts that could shift this read
12:02 UTC
Downtrend, oversold bounce in play · RSI 49 · price 58.154
Lower-lows into 57.40, sharp recovery off the low.
Silver bled down to a session low of 57.40 during NY hours before a sharp two-bar recovery back to 58.18, with RSI(14) lifting off oversold to mid-range. Downtrend structure intact but buyers stepped in firmly at the lows; price now testing the underside of the 58.30 prior range.
Support: 57.40
Resistance: 58.30, 58.65
What it said to watch
M15 close back below 57.40 resumes lower-lows and opens the 55.63 weekly low
Reclaim of 58.65 swing high needed to question the downtrend
ADP and Warsh (Wed) could materially shift this read
11:46 UTC
Downtrend, bouncing off lows · RSI 41 · price 57.884
Lower lows, minor recovery off 57.40.
XAGUSD extended its slide through London hours, sweeping the session low at 57.404 before a corrective bounce back to 57.88 — part of the broader silver rout on the hawkish-Fed/strong-USD regime. Price holds below EMA20/50 with descending highs intact; a string of higher lows above 57.59 marks only a shallow recovery so far.
Support: 57.59, 57.404
Resistance: 58.06
What it said to watch
M15 close above 58.06 breaks the descending highs and challenges the downtrend read
Loss of 57.404 confirms a fresh lower low
ADP (Wed 12:15 GMT) and Warsh could materially shift this read
Silver extended its slide to fresh 7-month lows near 57.40 during NY hours as a hawkish-Fed/strong-USD regime keeps non-yielding metals offered. Price is now basing in a tight 57.50–57.85 band off the low, RSI(14) lifting from oversold but trend intact below EMA20/50.
Support: 57.404
Resistance: 57.849
What it said to watch
M15 close back above 57.85 would break the post-selloff consolidation
Loss of 57.40 confirms continuation of the lower-low sequence
ADP and Warsh (Wed) could materially shift this read
11:16 UTC
Downtrend, oversold bounce · RSI 39 · price 57.68
Lower highs, lower lows into session low.
NY session drove silver to a fresh session low at 57.40 before a modest bounce to 57.68, extending the week's slide on the firm-USD/hawkish-Fed regime. Price sits below EMA20 and EMA50 with RSI(14) near 38 — soft but not yet stretched; lower highs remain intact.
Support: 57.404, 57.00
Resistance: 57.85
What it said to watch
Reclaim of 57.85 would break the chain of lower highs
Loss of 57.40 session low extends the downtrend toward 57.00
ADP and Warsh Wed could materially shift this read
11:02 UTC
Downtrend, fresh lows · RSI 35 · price 57.787
Lower highs, lower lows.
Silver sold off through the NY session, breaking 58.00 and printing a session low at 57.404 before a shallow bounce to 57.79, RSI(14) near 34 but not yet stretched. Move fits the hawkish-Fed/strong-USD pressure on metals flagged in the digest; structure remains a clean chain of lower highs and lower lows.
Support: 57.404, 57.00
Resistance: 58.00
What it said to watch
Close below 57.404 confirms continuation toward the 57.00 psych level
Reclaim of 58.00 round number would stall the lower-high sequence
ADP (Wed) and Warsh could materially shift this read
10:46 UTC
Downtrend, fresh lows · RSI 32 · price 57.621
Lower highs, lower lows; impulsive sell-off.
Silver knifed lower through the London-NY transition, slicing the 57.99 prior low and printing a fresh session low at 57.404 before a shallow bounce to 57.62 — the hawkish-Fed/strong-USD regime keeping metals offered. RSI(14) near 31 is stretched but not yet at the sub-20 extreme that flags exhaustion.
Support: 57.404, 57.00
Resistance: 57.99
What it said to watch
Reclaim of 57.99 would neutralise the breakdown read
Loss of 57.404 confirms continuation toward 57.00
ADP and Warsh (Wed) could materially shift this read
10:31 UTC
Downtrend, fresh leg lower · RSI 34 · price 57.717
Lower highs, lower lows; bounce off session low.
NY session extended the selloff, sweeping to 57.404 — fresh seven-month-low territory on the hawkish-Fed/strong-USD regime — before a shallow bounce to 57.72. RSI(14) is stretched near oversold and the descending lower-high chain from 58.92 remains intact.
Support: 57.404
Resistance: 58.247
What it said to watch
M15 close below 57.404 confirms a lower-low and opens the 55.63 region
Reclaim of 58.247 swing high needed to ease downside pressure
ADP and Warsh (Wed) could materially shift this read
10:16 UTC
Downtrend, accelerating · RSI 32 · price 57.663
Lower highs and lower lows, fresh session lows.
Silver broke down through 57.99 into fresh session lows at 57.404 as the strong-USD/hawkish-Fed regime keeps metals offered. The slide is a clean chain of lower highs and lower lows, RSI(14) near 31 and stretched but not yet sub-20.
Support: 57.404
Resistance: 57.99
What it said to watch
Sustained close below 57.40 opens the path toward the wider $55.63 area
Reclaim of 57.99 would neutralise the lower-high structure
ADP and Warsh (Wed) are the next macro risk for USD-driven silver moves
10:02 UTC
Downtrend, fresh lows · RSI 31 · price 57.688
Lower highs and lower lows, breaking session support.
XAGUSD broke session support and accelerated to a fresh low at 57.404 before closing 57.688, with the hawkish-Fed/strong-USD regime keeping metals offered. RSI(14) near 30 and a string of lower highs into NY hours confirm the downtrend; the 58.00 round number now caps.
Support: 57.404, 57.00
Resistance: 58.00
What it said to watch
M15 close below 57.40 extends the downtrend toward 57.00
Reclaim of 58.00 round number would ease downside pressure
ADP and Warsh on Wed could materially shift this read
Silver has carved a steady London-session downtrend off the 59.14 high, stair-stepping through lower highs to retest the 57.90 swing low with the 58.00 round number now lost. RSI(14) near 37 — soft but not yet oversold; the prevailing hawkish-Fed/strong-USD backdrop keeps rallies capped.
Support: 57.899, 57.765, 58.00
Resistance: 58.45
What it said to watch
Close back above 58.45 swing high breaks the chain of lower highs
Failure to hold 57.90 swing low exposes the 57.765 prior low
ADP and Warsh (Wed) are the next catalysts that could shift this read
09:32 UTC
Downtrend, momentum to downside · RSI 43 · price 58.16
Lower highs and lower lows through London.
Silver slid through the London session from the 59.14 high to a 57.90 swing low as the oil-led inflation narrative kept Fed-hike bets firm; RSI(14) near 43. Demand stepped in at 57.90 and lifted price back to 58.16, but the sequence of lower highs into 58.92 still caps.
Support: 57.90
Resistance: 58.65, 58.92
What it said to watch
M15 close below 57.90 confirms lower-low continuation
Reclaim of 58.65 would break the lower-high sequence
Tue JOLTS / Consumer Confidence could shift this read
Descending intraday, sequence of lower highs from 58.92.
Silver has bled lower through the London session, carving lower highs from the 58.92 session high down to a fresh 57.90 print before a shallow bounce to 58.08. RSI(14) sits mid-40s, no extreme; price trades below both EMAs as the corrective tone in this oversold market plays out near the swing-low cluster.
Support: 57.90, 57.765
Resistance: 58.45, 58.92
What it said to watch
M15 close below 57.765 confirms a lower low and extends the down leg
Reclaim of 58.45 negates the lower-high sequence
Wed ADP/ISM cluster could materially shift this read
Silver has ground lower through the London session off the 58.92 session high, printing a clean chain of lower highs down to the 57.90 session low, with RSI(14) cooling near 37 but not yet stretched. Move fits the broader inflation-channel pressure as Fed-hike bets stay firm; price is now pinned at the 58.00 psych area after the latest leg down.
Support: 57.90, 57.765
Resistance: 58.30, 58.92
What it said to watch
M15 close back above 58.30 breaks the lower-high chain
Loss of 57.90 session low opens 57.765 prior low
Wed ADP / ISM cluster is the week's catalyst and could reset this read
08:46 UTC
Downtrend, lower highs · RSI 41 · price 58.278
Lower highs and lower lows since 58.92 swing.
Silver is grinding lower through the London session, printing lower highs off the 58.92 swing and now pressing the 58.22 support shelf. The move is a fade of the technical bounce off last week's seven-month lows; price sits near the 50% retracement of the 57.765–58.92 leg with RSI cooling near 40.
Support: 58.22, 57.765
Resistance: 58.55, 58.92
What it said to watch
M15 close below 58.22 opens the path back toward the 57.765 session low
Reclaim of 58.55 lower high would break the descending sequence
ADP and ISM on Jul 1 could materially shift this read
Silver bounced from the 57.77 swing low to 58.92 but has since printed lower highs through the London session, now grinding down to the 58.30 support shelf around the 50% retrace of that bounce. Move sits within the broader corrective rebound off seven-month lows; RSI(14) near 43 and price below EMA20/50.
Support: 58.30, 57.77
Resistance: 58.64, 58.92
What it said to watch
M15 close below 58.30 confirms continuation toward the 57.77 swing low
Reclaim of 58.64 then 58.92 negates the lower-high structure
Wed ADP/ISM cluster could materially shift this read
Silver popped off the 57.77 session low to tag 58.92 then faded through London hours, printing a chain of lower highs back to 58.45. RSI(14) sits mid-40s with price below EMA20/50; the metal is consolidating in the 58.30-58.66 band after the corrective bounce off seven-month lows.
Support: 58.30, 58.14, 57.77
Resistance: 58.66, 58.92
What it said to watch
M15 close above 58.66 negates the lower-high sequence and reopens 58.92
Loss of 58.14 exposes the 57.77 session low
ADP/ISM Jul 1 is the next catalyst that could break this range
08:03 UTC
Corrective bounce fading from session high · RSI 49 · price 58.403
Lower highs off 58.92, holding 58.30 area.
Silver rebounded off last week's oversold 7-month lows into the $58-59 band; this London session spiked to 58.92 then bled lower in a chain of lower highs back to 58.40. Price is hovering on the 58.30 support shelf — the rebound stays corrective per the broader bearish read.
Support: 58.30, 58.05, 57.77
Resistance: 58.55, 58.92
What it said to watch
M15 close below 58.05 confirms a lower low and exposes 57.77
Reclaim of 58.55 then 58.92 needed to revive the bounce
ISM Manufacturing / ADP on Jul 1 could materially shift this read
07:46 UTC
Corrective bounce, fading · RSI 44 · price 58.321
Retracing a bounce off session low.
Silver bounced off the 57.77 session low to 58.92 in the London session before fading back to 58.32 — roughly a 50% retrace of that leg. The move is corrective off 7-month-low oversold conditions; RSI(14) neutral near 43, price back below EMA20/50.
Support: 58.05, 57.765
Resistance: 58.92, 59.20
What it said to watch
Loss of 58.05 reopens the 57.77 session low
Reclaim of 58.92 needed to extend the bounce, then 59.20 prior high
ADP & ISM Manufacturing (Jul 1) the key USD-driven risk for silver
Silver is grinding a corrective bounce off the 57.765 session low, part of the wider rebound from heavily oversold weekly levels as the dollar took a breather post-PCE. NY rally tagged 58.92 and faded; price now drifting back to mid-range near 58.51, RSI hovering around neutral with no momentum edge.
Support: 58.22, 57.765
Resistance: 58.92, 59.14
What it said to watch
M15 close above 58.92 reopens the path toward 59.14
Loss of 58.22 puts the 57.765 session low back in play
JOLTS / Consumer Confidence (14:00 UTC) could shift the dollar and this read
Recovered off session low, fading from session high.
London morning bounced silver off the 57.77 session low to 58.92 before fading back to 58.59, RSI(14) sitting flat near 50. This is the corrective rebound from 7-month lows flagged in the macro read; the 58.92 session high capped the push and price is rotating back into the range.
Support: 58.41, 57.77
Resistance: 58.92, 59.14
What it said to watch
M15 close above 58.92 extends the intraday recovery toward 59.14
Failure to hold 58.41 reopens the 57.77 session low
ADP + ISM Manufacturing (Wed) could materially shift this read
07:03 UTC
Ranging, no momentum bias · RSI 48 · price 58.482
Consolidation between 58.05 and 58.92.
Ranging 58.05–58.92 through the London session; price pulled back to roughly the 50% retrace of the latest leg up after rejection near the 58.92 session high. RSI(14) neutral near 47 with no extreme — a corrective tone consistent with the oversold bounce off silver's seven-month low.
Support: 58.05, 57.77
Resistance: 58.92, 59.14
What it said to watch
M15 close below 58.05 session low reopens the path toward the 57.77 swing low
Reclaim of the 58.92 session high needed to challenge the 59.14 prior high
Tue JOLTS / Consumer Confidence could shift this read
London morning: silver rebounded from the 57.77 intraday low to tag 58.92, then stalled, with the last three bars flat near 58.78 as RSI cools off. Move fits the corrective bounce off the seven-month low rather than a trend turn; price now consolidating just under the session high.
Support: 58.05, 57.77
Resistance: 58.92, 59.05
What it said to watch
Close above 58.92 opens the path to the 59.05 prior high
Loss of 58.05 session low confirms a lower-low and unwinds the recovery
Tue JOLTS / Consumer Confidence the next macro test for the dollar
Silver swept the 57.77 session low into early London then rallied to 58.92 before easing to 58.775, a corrective leg within the broader $56-$58 band noted in context. RSI recovered through the midline with momentum supporting the bounce; the 58.92 recent high caps the move for now.
Support: 58.48, 57.765
Resistance: 58.92, 59.14, 59.335
What it said to watch
M15 close above 58.92 opens 59.14 then 59.33
Failure to hold 58.48 reopens 57.77 session low
Wed ADP/ISM cluster could materially shift this read
Bounced from 57.77 spike low, easing back below 58.9 high.
London hours swept down to 57.765 then recovered ~110 pips to tag 58.916 before easing to 58.685, as the dollar came off YTD highs. RSI(14) back to mid-range near 54; price holding above the 58.14 swing low with the session high capping the bounce.
Support: 58.139, 57.765
Resistance: 58.916, 59.143
What it said to watch
Close above 58.92 extends the recovery toward the 59.14 swing high
Failure to hold 58.14 reopens the 57.77 session low
US JOLTS / Consumer Confidence at 14:00 UTC could shift the read
Silver swept the 57.77 spike low into the London open then rebounded sharply to 58.65, recovering ~62% of the prior drop from 59.14. RSI(14) back near 54 from oversold; price is chopping inside the 58.10–58.92 band, the corrective relief move off the $55.60 seven-month low still intact.
Support: 58.10, 57.77
Resistance: 58.92, 59.14
What it said to watch
M15 close above 58.92 reopens the 59.14 post-gap high
Failure to hold 58.10 confirms a return toward the 57.77 spike low
JOLTS/Consumer Confidence at 13:45-14:00 UTC could shift this read
05:46 UTC
Downtrend, grinding lower · RSI 41 · price 58.173
Lower highs off the gap high, testing session lows.
Silver opened the week with a gap higher to 59.14 then bled lower through the Asian session, printing a chain of lower highs into London. The last bar swept down to 57.77 before recovering to 58.17 — a corrective relief move within the broader oversold bounce, USD softening post-PCE.
Support: 58.05, 57.77
Resistance: 58.47
What it said to watch
M15 close below 58.05 confirms continuation toward the 57.77 session low
Reclaim of 58.47 needed to challenge the descending lower-high line
ADP/ISM Wed are the cluster risk that could shift this read
05:31 UTC
Downtrend, momentum building lower · RSI 36 · price 57.963
Lower highs, breaking recent swing low.
Silver slid through the Asian session to a fresh local low at 57.95 after the weekend gap faded, RSI(14) near 36 and trending lower. Price sits below EMA20/50 with a chain of lower highs from 59.14; the corrective bounce off the $55.60 low is stalling.
Support: 57.946
Resistance: 58.50, 59.143
What it said to watch
M15 close below 57.946 confirms a lower low, opens path toward $57
Reclaim of 58.50 needed to negate the lower-high sequence
JOLTS / Consumer Confidence at 14:00 UTC could shift this read
Lower highs since post-gap peak, testing session low.
Asia-into-London session grinding lower off the post-gap high at 59.14, printing a sequence of lower highs with price now pressing the session low band around 58.14. RSI(14) in the mid-30s, soft but not yet oversold; the corrective bounce off the seven-month low has stalled.
Support: 58.14, 58.05, 57.86
Resistance: 58.74, 59.14
What it said to watch
M15 close below 58.05 confirms a lower low, opens 57.86
Reclaim of 58.74 breaks the lower-high sequence
JOLTS / Consumer Confidence ~14:00 GMT could shift this read
05:03 UTC
Short-term down, grinding off session high · RSI 39 · price 58.21
Lower highs since the 59.14 rejection, retesting session lows.
Silver gapped up to 59.20 at the week open then sold to the 58.05 swing low before bouncing into the Asian session; the recovery stalled at the 59.14 session high and price has carved lower highs back to 58.21. RSI(14) near 39 with price under both EMAs — momentum tilted down as the post-PCE USD breather fades.
Support: 58.05
Resistance: 58.83, 59.14, 59.20
What it said to watch
M15 close below 58.05 swing low opens room toward 57.98
Reclaiming 58.83 swing high would negate the lower-high sequence
US JOLTS / Consumer Confidence at 14:00 GMT could shift USD and this read
Consolidation between 58.05 and 59.14 after corrective bounce.
Silver's corrective bounce off the seven-month low is stalling, chopping in a 58.05–59.14 band through the Asia session. Price has slipped back below EMA20 with RSI(14) near 42; the recent 59.14 swing high was rejected and the tape is drifting toward the lower half of the range.
Support: 58.05, 58.00
Resistance: 58.92, 59.14
What it said to watch
M15 close below 58.05 confirms a lower-low and reopens the 58.00 round number
Reclaim of 58.92 session high puts the 59.14 swing high back in play
Tue JOLTS / Consumer Confidence (14:00 GMT) could shift the dollar and break this range
Silver faded from the 59.14 session high back toward 58.45 in thin holiday-skewed flow, with the corrective bounce off the multi-month low losing steam per the post-PCE USD breather. Price now sits below EMA20/EMA50 inside the 58.05–59.14 band, RSI cooling near 42.
Support: 58.05
Resistance: 58.92, 59.14
What it said to watch
M15 close below 58.05 confirms a lower low and opens range downside
Reclaim of 58.92 needed to re-engage the session high
Tue JOLTS / Consumer Confidence could shift the USD read
04:16 UTC
Range, mid-band drift · RSI 46 · price 58.489
Ranging 58.05–59.14 after week-open gap.
Silver opened the week near $59.20 then settled into a 58.05–59.14 band, trading mid-range at 58.489 after rejection at 58.92. The bounce off the 58.05 session low is corrective in line with the broader oversold relief move; RSI(14) sits neutral near 46.
Support: 58.05
Resistance: 58.92, 59.14
What it said to watch
M15 close below 58.05 reopens the 58.00 handle and lower range
Reclaim of 58.92 puts the 59.14 session high back in play
JOLTS/Consumer Confidence Tue and ADP/ISM Wed could shift this read
04:02 UTC
Ranging, momentum cooling · RSI 47 · price 58.608
Rising lows into 59.14 cap.
Silver is ranging through the Asia session between the 58.05 swing low and the 59.14 cap after a corrective bounce off the seven-month low. Buyers stepped in at 58.05 and held a chain of higher lows, but price was rejected at 59.14 and has drifted back to mid-range near 58.60, RSI(14) flat around 47.
Support: 58.049
Resistance: 59.143
What it said to watch
Close above 59.14 reopens the path toward 60
Loss of 58.05 breaks the rising-lows structure
Wed ADP/ISM cluster could materially shift this read
03:46 UTC
Range, no clear direction · RSI 49 · price 58.575
Session range between 58.05 and 59.14.
Silver gapped higher into the new week near 59.20 then sold to 58.05 before basing; price now chops in a 58.05–59.14 band with RSI(14) flat near 49. The whole move is a corrective bounce off the seven-month low after the dollar steadied post-PCE — no fresh direction inside this Asia session.
Support: 58.05
Resistance: 58.92, 59.14
What it said to watch
M15 close above 58.92 puts the 59.14 session high back in play
Loss of 58.05 reopens the downside toward last week's lows
Tue JOLTS / Consumer Confidence (14:00 GMT) could break this range
Recovering off 58.05 session low into 59.10 ceiling.
Silver is grinding higher in the Asia session, posting rising lows off the 58.05 session low after a USD breather on in-line PCE fed an oversold corrective bounce. Price stalls under the 59.00 broken level and 59.14 session high; RSI(14) neutral near 55, range still intact between 58.05 and 59.14.
Support: 58.05, 58.00
Resistance: 59.14, 59.00, 59.55
What it said to watch
M15 close above 59.14 opens the path toward the 59.55 prior high
Loss of 58.05 reopens downside toward the 58.00 round level
Wed ADP + ISM Prices Paid could re-arm the hawkish-USD trade and cap this bounce
03:17 UTC
Corrective bounce off lows · RSI 58 · price 58.82
Recovering from session low, higher lows building.
Silver opened the week with a gap up to 59.33 that quickly faded, flushing to 58.05 before buyers stepped in and dragged price back to 58.82 — part of the oversold corrective rally off the 7-month low noted in the macro read. Higher lows are stacking through the Asia session but the 58.92 session high still caps; broader move remains a range in the high-$58s.
Support: 58.46, 58.05
Resistance: 58.92, 59.33
What it said to watch
M15 close above 58.92 opens the path back to the 59.33 gap high
Failure to hold 58.46 reopens the 58.05 session low
Wed ADP/ISM cluster is the catalyst that could re-arm USD strength and pressure the bounce
03:02 UTC
Range, post-gap chop · RSI 51 · price 58.662
Ranging 58.05-58.86 after weekend gap.
Silver gapped higher into the Monday open then faded, now chopping in a 58.05-58.86 band as the broader oversold bounce off the $55.60 low stalls. The 58.05 session low was swept and reclaimed; RSI(14) sits neutral near 51 with price wedged between EMA20 and a heavier EMA50 above.
Support: 58.05
Resistance: 58.86, 59.05
What it said to watch
M15 close above 58.86 swing high opens 59.05 prior high
Loss of 58.05 session low confirms a lower-low
Tue JOLTS / Consumer Confidence could re-arm USD and cap this bounce
02:46 UTC
Range after oversold bounce · RSI 47 · price 58.495
Consolidating high-58s, mid-range.
XAG is ranging 58.05–58.86 in the high-50s after a corrective bounce off the $55.60 area, with USD taking a breather following in-line PCE. Price sits mid-range near EMA20 with RSI(14) flat around 46 — no momentum in either direction through the Asia session.
Support: 58.05
Resistance: 58.86, 59.05
What it said to watch
M15 close above 58.86 reopens the path toward 59.05
Loss of 58.05 confirms a lower-low and exposes the prior break zone
Tue JOLTS / Consumer Confidence could re-arm USD and pressure this range
02:32 UTC
Corrective bounce off lows · RSI 54 · price 58.769
Range, holding above 58.05 base.
XAGUSD recovered off the 58.05 session low back to 58.77 during early Asia trade, a corrective bounce as the USD eased after in-line PCE. Session ranging 58.05–59.05 with 58.86 capping the rebound; twin lows near 58.05 are holding the base.
Support: 58.047, 57.98
Resistance: 58.856, 59.05, 59.335
What it said to watch
M15 close above 59.05 opens the path back to 59.34
Failure to hold 58.05 confirms a lower-low and reopens downside
Tue JOLTS / Consumer Confidence could re-arm the USD and challenge this bounce
02:17 UTC
Corrective bounce, now ranging · RSI 44 · price 58.326
Choppy range after weekend gap.
Silver is consolidating in the high-$58s after clawing back from the week's deeply oversold lows, with USD taking a breather post in-line PCE. Price is ranging 58.05-58.66; the bounce off 58.047 stalled at 58.66 and is now mid-range under EMA20/50, RSI(14) neutral near 44.
Support: 58.047
Resistance: 58.66, 58.80
What it said to watch
M15 close below 58.05 reopens the downside and a retest of lower
M15 close above 58.66 extends the corrective bounce toward 58.80
Tue JOLTS / Wed ADP + ISM cluster could re-arm the USD and shift this read
Silver opened the week near 59.20 and faded, printing a session low at 58.05 before a shallow bounce to 58.34 — corrective price action off the $55.60 7-month low, not a base. Lower highs since 59.33 keep the high-58s capped while RSI(14) sits mid-range; supply showed at 58.83 on the rebound attempt.
Support: 58.05, 57.87
Resistance: 58.83, 59.33
What it said to watch
M15 close below 58.05 confirms a lower low, exposing 57.87
Reclaim of 58.83 negates the lower-high sequence
Tue JOLTS / Consumer Confidence could re-arm USD and pressure this bounce
01:46 UTC
Down-drift, bouncing off lows · RSI 45 · price 58.568
Range 58.05–58.95 after leg lower.
Asia session opened soft, sliding from 59.33 to 58.05 before buyers stepped in twice to defend that low. Price has reclaimed the mid-58s but sits below EMA20/50, chopping inside 58.05–58.95 with RSI mid-range — part of the broader oversold corrective bounce off this week's $55.60 low.
Support: 58.05, 58.00
Resistance: 59.05, 59.33
What it said to watch
Loss of 58.05 reopens the path toward 58.00 psych and lower
M15 close above 58.95 swing high challenges the 59.05 prior high
Wed ADP/ISM cluster is the key risk to this consolidation
Lower highs into Asia session, holding above 58.05.
Silver gapped up to 59.2 on the weekly reopen then sold steadily through the Asia session, printing a 58.05 low before a shallow bounce to current 58.33. The corrective rebound off this week's 55.60 7-month low is stalling — supply capped twice at the 58.83 swing high while price grinds lower.
Support: 58.047, 57.65
Resistance: 58.59, 58.83
What it said to watch
M15 close below 58.05 session low opens 57.65
Reclaim of 58.59 recent high needed to repair the intraday structure
Tue JOLTS could re-arm USD and pressure the bounce
Silver gapped higher to 59.34 on the Monday Asia open then sold off to 58.05, extending the corrective bounce off this week's $55.60 7-month low rather than reversing it. Price is now mid-range at 58.42 under a chain of lower highs, RSI(14) in the low-40s with momentum cooling. ATR is wide near 300 pips, keeping intraday swings large.
Support: 58.047, 58.00, 57.65
Resistance: 58.95, 59.335
What it said to watch
Close below 58.05 confirms a lower-low and opens 57.65
Break above 58.95 negates the lower-high sequence
Wed ADP + ISM Prices Paid cluster could materially shift this read
Post-weekend session opened near 59.34 and faded to a 58.05 swing low before bouncing to 58.55; rejection at the 59.0 round number left a lower high. This is corrective chop in the high-$50s, consistent with silver's oversold bounce off the $55.60 7-month low rather than a trend turn.
Support: 58.047, 58.46
Resistance: 59.00, 59.335
What it said to watch
M15 close below 58.05 confirms a lower low and reopens the downside
Reclaim of 59.0 would negate the lower-high read
Wed ADP + ISM Mfg cluster could materially shift this read
00:46 UTC
Pullback within near-term downtrend · RSI 43 · price 58.491
Lower highs, sharp bounce off 58.05 low.
Silver bled from the 59.34 session high down to 58.05 before buyers stepped in sharply, snapping back to 58.59 then easing to 58.49. The move fits the digest's oversold corrective bounce off the $55.60 7-month low — not a structural turn — with price still pinned under EMA20 and a chain of lower highs intact.
Support: 58.047, 57.80
Resistance: 58.588, 59.335
What it said to watch
M15 close back above 58.60 negates the lower-high sequence
Loss of 58.05 session low opens the path toward 57.80
Wed ADP/ISM cluster could materially shift the metals tape
00:32 UTC
Pullback lower, momentum down · RSI 38 · price 58.155
Lower highs off 59.34, breaking intraday support.
Asian session sold off from the 59.34 high to 58.05, breaking the high-$58 consolidation, with only a thin recovery to 58.16 into the close. Price sits below EMA20/EMA50 and RSI(14) near 37; the corrective bounce off the $55.60 7-month low stays capped under 58.80.
Support: 58.05, 57.65
Resistance: 58.80
What it said to watch
M15 close below 58.05 opens the path toward 57.65
Reclaim of 58.80 would repair the intraday structure
Wed ADP/ISM cluster could materially shift this read via USD
Ranging in high-$58s after post-weekend gap up faded.
Silver gapped up to 59.20 on the reopen then sold straight back to a 58.46 session low before stabilising; price now hovers at 58.53, mid-range, as an oversold corrective bounce off the $55.60 7-month low loses steam. Bounce stalled at 58.95 and RSI sits mid-40s — no directional resolution intraday.
Support: 58.462, 58.00
Resistance: 58.95, 59.335
What it said to watch
Close above 58.95 opens the 59.33 gap high
Break below 58.46 exposes the 58.00 round number
Wed ADP/ISM cluster could materially shift this read
00:03 UTC
Pulling back after weekend gap up · RSI 41 · price 58.503
Lower highs since the gap, holding above session low.
Silver gapped up to 59.20 at the reopen then sold off the whole session, printing lower highs from 59.34 down toward the session low at 58.46. The corrective bounce off the $55.60 area has stalled; price sits below EMA20/50 with RSI(14) cooling into the low 40s.
Support: 58.463, 58.00
Resistance: 58.949, 59.202, 59.335
What it said to watch
M15 close below 58.46 opens room toward the 58.00 psych level
Reclaim of 58.95 session high needed to break the lower-high sequence
JOLTS / ISM cluster this week could shift the broader USD-driven read