Higher lows since the NY reversal; tight Asian range 61.44–61.59.
The JOLTS-hour flush to 60.70 was absorbed. Late NY reclaimed the 61.00 round number and broke the 61.34 prior high, printing higher lows along a rising trendline. Early Asia spiked to the 61.712 spike high at the reopen and faded. Price now holds the 61.44 Asian low below the 61.587 minor high, with RSI(14) near 62.
Support: 61.44, 61.34, 61.00
Resistance: 61.587, 61.712, 62.00
What it said to watch
M15 close below the 61.44 Asian low breaks the rising trendline and exposes the 61.34 prior high / 38.2% fib
Acceptance above the 61.587 minor high reopens the 61.712 spike high; the digest flags $62.00 broken support as the cap beyond
Loss of the 61.00 round number would unwind the NY breakout
ADP (12:15 UTC) and Core PCE (12:30 UTC) on Wednesday could materially shift this read
Higher-low chain from 60.29; tight range after late-NY breakout.
Silver cleared the 61.00 round number and the 61.34 session high in a late-NY breakout leg from 60.70, extending the higher-lows sequence off the 60.29 Asia low. An early-Asia spike high at 61.71 was faded, and price is now compressing between the 61.44 range low and 61.59 range top with RSI(14) near 63. The move runs against the digest's heavy yield and USD tone, which has not yet shown up on this chart.
Support: 61.44, 61.30, 61.00
Resistance: 61.587, 61.712, 62.00
What it said to watch
M15 close below the 61.44 range low exposes the 61.30 breakout level, near the 38.2% retracement of the breakout leg
Close above the 61.59 range top reopens the 61.71 spike high, with 62.00 old support overhead
Loss of the higher-lows trendline and 61.00 round number would unwind the breakout read
ADP at 12:15 UTC and Core PCE (f/c 3.3%) at 12:30 UTC Wednesday could materially reset intraday structure
HH/HL chain off 60.289 low; 61.712 high rejected, holding above 61.44.
Silver has built higher lows since the 60.289 Asia-session low, reclaiming 61.00 (fib 50% of the move) and clearing the 61.342 prior high on the NY-hours surge. Price rejected the 61.712 session high after the reopen and early Asia is holding above the 61.44 swing low. RSI(14) is near 66. The digest frames this as an oversold rebound against yield and oil pressure.
Support: 61.44, 61.342, 61.00
Resistance: 61.712, 62.00
What it said to watch
M15 close above the 61.712 session high opens the 62.00 round number, flagged in the digest as broken support now acting as resistance
Loss of the 61.44 swing low and the higher-low line exposes the 61.342 prior high
A break back below the 61.00 fib 50% level would undo the rebound structure
ADP at 12:15 UTC and Core PCE at 12:30 UTC Wed could materially shift this read
Higher highs and higher lows since 60.70; late-NY breakout above 61.00 holding in early Asia.
A late-NY rally from 60.70 cleared the 61.00 psych level and the 61.34 intraday high, reaching a 61.508 NY high. This is despite the digest framing $61 as a cap against rising yields. The early Asia session spike to 61.712 on thin liquidity was rejected, and price is now compressing between 61.44 and 61.52 with RSI(14) near 64.
Support: 61.44, 61.257, 61.00
Resistance: 61.508, 61.712, 62.00
What it said to watch
M15 close above the 61.508 ny high reopens the 61.712 asia spike, then the 62.00 round number (broken support per news flow)
Loss of the 61.44 asia low and the rising trendline exposes the 61.257 swing low and the 50% fib of the late-NY rally near 61.21
Break back below 61.00 psych would unwind the breakout and restore the 60.70–61.00 range read
ADP (12:15 UTC) and Core PCE (12:30 UTC) Wednesday could materially shift this read
22:47 UTC
Uptrend off 60.70, stalling after spike · RSI 64 · price 61.452
Higher lows since 60.70; Asia-open spike to 61.71 rejected, compressing near 61.45.
Late-NY rally from 60.70 cleared the post-JOLTS 61.34 high and reclaimed 61.00, then an early Asia session spike to 61.71 was rejected back toward 61.45. Price is holding just above the 61.44 session low with RSI(14) near 64. The 61.26 swing low sits close to the 38.2% fib of the 60.70–61.71 leg.
Support: 61.44, 61.26, 61.00
Resistance: 61.508, 61.712
What it said to watch
M15 close below the 61.44 session low exposes the 61.26 swing low and the 38.2% fib
Acceptance back above the 61.51 prior high reopens the 61.71 spike high
Loss of the 61.00 round number would undo the late-NY reclaim
Wednesday's ADP at 12:15 UTC and Core PCE at 12:30 UTC (f/c 3.3%) could materially shift this read
Higher lows since 60.696 NY swing low; new-session spike to 61.712 rejected.
Late NY hours carried silver through the 61.00 round number and the 61.342 NY high, building a higher-low chain off the 60.696 swing low. That rebound runs against the hawkish yields/USD backdrop in the digest. The new session opened with a spike to 61.712 that was rejected, and price is now sitting on the rising trendline at 61.50 with RSI(14) cooling toward 67.
Support: 61.342, 61.00, 60.696
Resistance: 61.712, 62.00
What it said to watch
M15 close below the rising trendline near 61.49 puts the prior NY high at 61.342 back in play
Loss of the 61.00 round number would unwind the late-NY breakout; below 60.696 swing low the higher-low chain breaks
Reclaim of the 61.712 session high opens the 62.00 broken support zone
ADP (12:15 UTC) and Core PCE (12:30 UTC) Wednesday could materially shift this read
22:18 UTC
Uptrend, higher lows since the 19:00 UTC breakout · RSI 61 · price 61.502
Broke out of the 60.70–61.00 range; HH/HL chain now testing the rising trendline.
Silver cleared the 61.00 psych cap and the 61.34 NY high on the 19:00 UTC bar during Waller's slot, then held a higher-low chain along a rising trendline into the close. The daily reopen spiked to a 61.71 session high but was rejected back to about 61.50. RSI(14) sits near 61 and ATR(14) is around 175 pips, with the 61.44 prior high as the first shelf below.
Support: 61.44, 61.34, 61.00
Resistance: 61.712, 62.00
What it said to watch
M15 close below the 61.44 prior high and the rising trendline puts the 61.34 NY high / 38.2% fib retest in play
M15 close above the 61.71 session high opens the 62.00 round number, the broken support flagged in news flow
Loss of 61.00 psych returns price to the prior 60.70–61.00 range
ADP (12:15 UTC) and Core PCE (12:30 UTC) Wednesday could materially shift this read
22:05 UTC
Intraday uptrend off the 60.70 NY low · RSI 62 · price 61.475
Late-NY range break, higher highs and higher lows into the Asia open.
Late in the NY session, silver broke out of the 60.70–60.98 range (ny range low at 60.70). The breakout cleared the 61.00 old cap and the 61.34 early-NY high, printed a day high of 61.51 and left rising lows at 61.04 and 61.30, with the first Asia session bar holding near the top at 61.475. RSI(14) is near 62, not stretched, and the digest notes rebounds have tended to fade below 61–62, with 62.00 broken supp overhead.
Support: 61.30, 61.04, 60.70
Resistance: 61.51, 62.00
What it said to watch
An M15 close below the 61.30 swing low breaks the rising lows trendline and the higher-low chain
A return below 61.04 (old cap, near the 61.8% of the late-NY leg fib) puts the breakout at risk of a false break back toward the 60.70 ny range low
Acceptance above the 61.51 day high extends the leg; 62.00 broken supp is the next reference
ADP (12:15 UTC) and Core PCE (12:30 UTC) Wednesday could materially shift this read
21:48 UTC
Intraday uptrend, extended late in NY · RSI 71 · price 61.456
Higher lows since 18:00 UTC; broke above the 61.34 prior high.
After the JOLTS-hour spike to 61.34 reversed to the 60.70 range low, an 18:00 UTC impulse cleared that prior high. The rally printed a 61.51 session high, with a rising support line intact and RSI(14) near 71. Price is back above the 61.00 round number flagged as a cap in the news flow, though the move is running thin into the daily close.
Support: 61.34, 61.00, 60.70
Resistance: 61.508, 62.00
What it said to watch
M15 close back below the 61.34 prior high turns the breakout into a false break
Loss of the rising support line and the 61.00 round number (near the 61.8% fib) reopens the 60.70 range low
Sustained trade above the 61.51 session high brings the 62.00 broken support into view
ADP (12:15 UTC) and Core PCE (12:30 UTC) on Wednesday could materially shift this read
21:34 UTC
Intraday uptrend, extended into session high · RSI 73 · price 61.456
Higher highs and higher lows since the 60.289 pre-London low.
Silver rallied through the London high at 61.074 and the 61.00 cap late in the NY session. The move started from the 60.696 NY low and ran into Fed Governor Waller's 19:00 UTC slot, printing a session high at 61.508 with RSI(14) near 73. Higher lows have held since the 60.289 pre-London sweep, and the 61.30 swing low is the nearest pivot on the rising trendline off the NY low.
Support: 61.299, 61.074, 60.696
Resistance: 61.508, 62.00
What it said to watch
M15 close below the 61.30 swing low breaks the higher-low chain and puts the 61.074 London high back in play
Failure back under the London high and the 61.00 cap reopens the 60.70–61.00 range toward the NY low
Session high at 61.508 is the area to watch for rejection or extension; 62.00 round number (former support) sits above
Loss of the rising trendline or a close under the 50% of the ny rally fib would undercut the recovery
Thin liquidity into the daily break and Asia session; ADP (12:15 UTC) and Core PCE (12:30 UTC) Wednesday could materially shift this read
HH/HL chain since the 18:15 UTC range break; grinding into late NY.
Silver broke out of the 60.70–60.98 NY-afternoon range with a 440-pip bar at 18:15 UTC. It has since reclaimed the 61.00 round number and the 61.34 prior high, even with the yield-driven USD bid intact. Rising lows through late NY have carried price to a 61.51 session high, and RSI(14) near 71 is hot but not extreme.
Support: 61.34, 61.00, 60.70
Resistance: 61.508, 62.00
What it said to watch
M15 close back below the 61.34 prior high breaks the rising lows and stalls the breakout
Loss of the 61.00 round number puts price back inside the prior range, with the 60.70 range low next
Acceptance above the 61.51 session high opens the path toward 62.00 broken support
ADP (12:15 UTC) and Core PCE (12:30 UTC, f/c 3.3%) on Wednesday could materially shift this read
21:07 UTC
Uptrend into NY close, RSI warm · RSI 71 · price 61.456
Higher lows since 18:00 UTC breakout above 61.34.
Late NY session: silver broke above the 61.00 Asian high and the 61.34 prior high from the post-JOLTS spike after 18:00 UTC, pushing counter to the digest's firm-USD backdrop. Rising lows hold beneath the 61.508 session high, RSI(14) near 71; 61.26 is the latest swing low.
Support: 61.342, 61.257, 61.015
Resistance: 61.508, 62.00
What it said to watch
M15 close back below the 61.34 prior high puts price back inside the post-JOLTS range
Loss of the 61.26 swing low breaks the rising-lows sequence
Acceptance above the 61.508 session high leaves 62.00 prior support (now resistance) as the next cap
Asian high at 61.015 is the deeper reference if the breakout fails
ADP (12:15 UTC) and Core PCE (12:30 UTC, f/c 3.3%) Wednesday could materially shift this read
20:48 UTC
Uptrend, extending into late NY · RSI 71 · price 61.468
Higher lows since 61.036, breakout above NY high.
A late-NY rally out of the 60.70–60.98 range cleared the 61.015 Asian high and the 61.342 prior high, printing a session high at 61.508 on a chain of rising lows. RSI(14) sits near 71, and the move runs against the hawkish yields/USD backdrop. The 62.00 round number, broken support per the macro read, is the next reference above.
Support: 61.342, 61.257, 61.015
Resistance: 61.508, 62.00
What it said to watch
M15 close below the 61.257 higher low breaks the rising lows chain
Loss of the 61.342 prior high reopens the 61.015 Asian high
Session high 61.508 is the area to watch for rejection, or for a break toward the 62.00 round number
ADP (12:15 UTC) and Core PCE (12:30 UTC) Wednesday could materially shift this read
20:34 UTC
Intraday uptrend, late NY higher highs · RSI 70 · price 61.377
Break above 61.07–61.34 cap, higher-low chain near 61.30.
From 18:00 UTC the late NY rally broke above the london high at 61.074 and the 61.342 early-NY high. It printed a session high at 61.456, and pullbacks have held a higher low near 61.30 with RSI(14) around 70. The chart is running ahead of the digest's heavier yields-and-USD read, and the early-NY drop to 60.696 shows rallies have failed quickly today.
Support: 61.30, 61.074, 60.696
Resistance: 61.456, 62.00
What it said to watch
M15 close below the 61.30 higher low breaks the late-NY HH/HL chain
Loss of the london high at 61.07 (fib 50% zone) returns price to the earlier range and exposes the ny low at 60.70
Acceptance above the 61.456 session high opens the path toward 62.00 broken supp
ADP (12:15 UTC) and Core PCE (12:30 UTC) Wednesday could materially shift this read
Broke above 60.70–61.00 range, new session high at 61.456.
Silver broke out of the 60.70 range floor to 61.00 box with an 18:00 UTC spike and cleared the $61.00 cap. It extended to a 61.456 session high late in NY, above the 61.342 NY-open high, and has built a chain of higher lows off the 60.289 Asia low. The 61.257 swing low held through Waller's remarks, with RSI(14) near 68 and ATR around 165 pips.
Support: 61.257, 61.00, 60.70
Resistance: 61.456, 62.00
What it said to watch
M15 close back below the 61.00 round number returns price to the prior range and weakens the breakout
Failure to hold the 61.257 swing low exposes the 38.2% fib retracement near 61.01
Break of the 61.456 session high leaves 62.00, broken support now acting as resistance, as the next cap
Loss of the higher-low trendline near 60.79 and the 60.70 range floor negates the uptrend read
ADP at 12:15 UTC and Core PCE at 12:30 UTC Wednesday could materially shift this read
Broke above Asian range high 61.015 and post-JOLTS spike high; higher lows since 18:00 UTC.
A late-NY surge from 18:00 UTC cleared the Asian range high near 61.015, the 61.00 round number and the 61.34 post-JOLTS spike high, with price now pressing the 61.454 session high and RSI(14) near 74. That runs against a digest backdrop of hawkish Fed pricing and 5.2%+ yields. The digest says recoveries have tended to fade below 61–62. Higher lows at 61.04 and 61.26 are holding the move for now.
Support: 61.257, 61.00, 60.696
Resistance: 61.454, 62.00
What it said to watch
Loss of the 61.26 higher low exposes the 61.00 round number, with the fib 50% near 61.07 just above
M15 close back below 61.00 puts price back inside the Asian range and reopens the NY low at 60.70
Acceptance above the 61.454 session high brings 62.00, broken support now overhead, into view
ADP at 12:15 UTC and Core PCE at 12:30 UTC Wed (f/c 3.3%) could materially shift this read
Late-NY range break, tight consolidation above 61.00.
Silver broke out of the 60.70–60.98 NY afternoon range at 18:00 UTC. It cleared the earlier 61.342 NY high to print a 61.438 session high, back above the 61.00 round number the news flow flagged as a cap, even with USD firm. Price is now holding in a tight 61.26–61.40 consolidation with RSI(14) near 64, building above the breakout rather than fading it.
Support: 61.257, 61.00, 60.696
Resistance: 61.438
What it said to watch
An M15 close above the 61.438 session high extends the late-NY breakout
Loss of the 61.257 consol low exposes the 38.2% fib near 61.155 and the 61.00 round number
A move back below 60.98 re-enters the afternoon range, with the 60.696 range low as the floor
Waller headlines are still live, and ADP plus Core PCE at 12:15/12:30 UTC Wednesday could reset this read
The JOLTS miss spiked silver to the 61.34 jolts high at 14:00 UTC before it faded to a 60.70 ny low. The 18:00 UTC push broke the 60.70–60.98 afternoon range and cleared the 61.00 cap, retested the 61.04 breakout area and printed a 61.44 session high. Price is now compressing between the 61.19 pullback low and the jolts high, RSI(14) cooling from the high 60s.
Support: 61.189, 61.04, 60.696
Resistance: 61.342, 61.438
What it said to watch
M15 close back below the 61.04 breakout level returns price to the afternoon range and invalidates the break
Loss of the 61.19 pullback low breaks the higher-low sequence; the 38.2% fib at 61.16 sits just below
Close above the 61.44 session high extends the range break
Waller remarks (from 19:00 UTC) could materially shift this read
ADP at 12:15 UTC and Core PCE (f/c 3.3%) at 12:30 UTC tomorrow are the next volatility triggers
19:18 UTC
Intraday bounce, fresh leg higher late NY · RSI 63 · price 61.26
Broke out of the 60.70–60.98 afternoon range; higher lows from the 60.29 day low.
Silver broke out of the 60.70–60.98 afternoon range at 18:00 UTC, before Waller's 19:00 UTC remarks. It ran to a 61.44 session high, above the 61.34 prior high from the post-JOLTS spike, and the last two bars are holding near 61.26 with RSI(14) around 63. Rising lows from the 60.29 day low remain intact, and the 61.8% fib of the breakout leg sits on the old range top near 60.98.
Support: 61.04, 60.98, 60.70
Resistance: 61.34, 61.44
What it said to watch
M15 close back below the 61.04 pullback low and the 60.98 range top would turn the move into a false break
Break of the 60.70 range low would snap the rising lows line from 60.29
Close above the 61.44 session high extends the higher-high chain; the 61.34 prior high capped the post-JOLTS spike
Waller's remarks (19:00 UTC) and Wed ADP (12:15 UTC) / Core PCE (12:30 UTC) could materially shift this read
19:05 UTC
Intraday uptrend, higher lows since Asia · RSI 67 · price 61.323
Late-NY breakout above the 60.70–60.98 range, testing prior high.
Silver broke out of the 60.70–60.98 NY range at 18:00 UTC. The late NY leg ran through the 61.34 prior high, set after the JOLTS miss, to a 61.44 session high, and price is now sitting back on 61.34, above the $61.00 round number the digest flags as a cap. Higher lows from the 60.29 Asia low remain intact, and RSI(14) near 67 is firm but not stretched.
Support: 61.00, 60.70
Resistance: 61.34, 61.44
What it said to watch
Waller at 19:00 UTC is underway and could materially shift this read
M15 close back below the 61.00 round number turns the breakout into a false break toward the 60.70 range floor
Holding 61.34 prior high and closing through the 61.44 session high extends the higher-lows line
Wed 12:15/12:30 UTC ADP and Core PCE (f/c 3.3%) are the next scheduled risk
18:48 UTC
Sideways recovery, higher lows under a lower high · RSI 52 · price 61.078
60.70–61.34 range; lows rising from the 60.289 Asian low, lower high at 61.278.
The 60.289 Asian low held. NY spiked to a 61.342 session high around the JOLTS miss, was rejected, and flushed to 60.696. That NY low sits on the 61.8% fib and has held on three tests since. The 18:00 UTC push back above the 61.00 round number stalled at a 61.278 lower high, with RSI(14) neutral near 52 heading into Waller.
Support: 61.00, 60.696, 60.289
Resistance: 61.278, 61.342, 61.407
What it said to watch
Waller at 19:00 UTC could materially shift this read
M15 close back below the 61.00 round number returns price to the 60.70–61.00 range floor
Break of the 60.696 ny low and 61.8% fib exposes the 60.289 asian low
Close above the 61.342 session high breaks the lower-high sequence, with the 61.407 prior high next
ADP 12:15 UTC and core PCE 12:30 UTC Wed are the next major volatility risk
18:34 UTC
Rising lows off Asian low, capped below NY high · RSI 52 · price 61.078
Afternoon range break, pullback toward 61.00.
The JOLTS miss spiked silver to the 61.342 NY high, but the gain did not hold and price flushed to the 60.70 NY low. The 18:00 UTC bar then broke the 60.70–60.98 afternoon range, stalled at the 61.278 breakout high and is fading toward the 61.00 round number. That level is the 50% of the breakout leg fib, and rising lows from the 60.289 Asian low remain intact, with RSI(14) neutral near 52.
Support: 61.00, 60.70, 60.289
Resistance: 61.278, 61.342, 61.407
What it said to watch
Fed's Waller at 19:00 UTC could materially shift this read in the next bars
M15 close back below the 61.00 round number puts price inside the afternoon range and undoes the range break
Close above the 61.278 breakout high and 61.342 NY high exposes the 61.407 prior high
Loss of the 60.70 NY low breaks the rising lows trendline structure toward the 60.289 Asian low
ADP 12:15 UTC and core PCE 12:30 UTC Wednesday are the next scheduled volatility events
HL chain off 60.29 Asian low; late-NY break above 60.70–60.98 range.
Silver reclaimed $61.00 on a ~44-cent late-NY thrust out of the 60.70–60.98 range and now sits just under the 61.342 session high. The 15:15 UTC flush held the range low at 60.70, the 61.8% retrace of the Asia low to NY high leg, which keeps the rising lows chain intact despite the firm-yield, strong-USD backdrop.
Support: 60.98, 60.70
Resistance: 61.342, 61.415
What it said to watch
M15 close above the 61.342 session high opens the 61.415 prior high from yesterday's NY session
A drop back below the 60.98 range top turns the breakout into a false break, with the 60.70 range low next
A break of the rising lows line, near 60.82 now, ends the higher-low sequence
Waller at 19:00 UTC, then ADP and core PCE on Wed at 12:15–12:30 UTC, could materially shift this read
18:05 UTC
Range-bound, recovering off NY pullback low · RSI 53 · price 60.97
NY spike to 61.342 fully faded; 60.70–61.07 range with price pressing the range top.
Silver printed the day's Asia low at 60.289, then spiked to a 61.342 session high on the JOLTS miss before a sharp rejection. The drop found the NY low at 60.70, right on the 61.8% fib of the Asia-to-NY leg. Price has since compressed between 60.70 and 61.00, and the current late-NY bar is pressing the 61.04–61.07 range top as Williams speaks.
Support: 60.70, 60.543, 60.289
Resistance: 61.074, 61.342
What it said to watch
M15 close above the 61.074 range top reopens the 61.342 session high
Failure to hold the 60.70 ny low and 61.8% fib re-exposes the 60.543 london low and the 60.289 asia low
Williams (18:00 UTC) and Waller (19:00 UTC) on an October hike could materially shift this read
ADP (12:15 UTC) and core PCE (12:30 UTC) tomorrow are the next major volatility risk
17:48 UTC
Range after rejected NY spike, drifting below EMAs · RSI 42 · price 60.792
Lower high at 60.98 after 61.34 rejection; 60.70–60.98 box since London close.
The NY rally cleared the $61.00 cap to a 61.342 session high, then was rejected back to the 60.696 NY low. That retraced about 80% of the London-to-NY leg. Since London close, price has compressed in a 60.70–60.98 box below both EMAs, with a lower high at the range top, as firm yields outweighed the JOLTS miss. RSI(14) is near 42 and ATR(14) about 165 pips.
Support: 60.696, 60.543, 60.289
Resistance: 60.981, 61.342
What it said to watch
M15 close below the 60.70 NY low exposes the 60.54 London low, then the 60.29 Asia low (lowest since Aug 5)
M15 close above the 60.98 range top breaks the lower-highs line and reopens the 61.34 NY high
Fed's Williams (18:00 UTC) and Waller (19:00 UTC) on an October hike could materially shift this read
ADP and core PCE tomorrow at 12:15 and 12:30 UTC are the next scheduled volatility risk
17:34 UTC
Range after rejected NY spike, lower highs · RSI 46 · price 60.785
60.70–60.98 box below EMAs; lower highs since 61.342 session high.
The NY session cleared the 61.00 cap and the asian high at 61.015, printing a session high at 61.342. That false break reversed to the 60.70 ny low within two bars as yields and USD stayed firm despite the soft JOLTS print. Since then, after London close, price has chopped in a 60.70–60.98 range under a lower-highs line, below EMA20/EMA50, with RSI(14) near 46 and holding the 78.6% level of the rally fib.
Support: 60.70, 60.543, 60.289
Resistance: 60.981, 61.015, 61.342
What it said to watch
M15 close below the 60.70 ny low exposes the london low at 60.54, then the asian low at 60.29 (lowest since Aug 5)
M15 close above the 60.98 range top and the lower-highs line reopens the asian high 61.015 and the 61.00 cap
Fed's Williams (18:00 UTC) and Waller (19:00 UTC) speak within the next few bars and could materially shift this read
ADP (12:15 UTC) and core PCE (12:30 UTC) tomorrow are the next major volatility risk for the range
17:17 UTC
Sideways after failed NY push, below both EMAs · RSI 46 · price 60.797
False break above London high, now ranging 60.70–61.00.
The NY open broke above the London high at 61.07 and ran to the 61.34 NY high. The move then reversed through the JOLTS window as yield and USD pressure held, and price fell back to the 60.70 NY low. Since then it has been ranging 60.70–61.00, with bounces stalling at the 38.2–50% fib and the 61.00 psych cap, RSI(14) near 46 and price below both EMAs.
Support: 60.696, 60.543, 60.289
Resistance: 61.00, 61.074, 61.342
What it said to watch
M15 close below the 60.70 NY low exposes the 60.54 london low, then the 60.29 day low
Sustained trade above the 61.00 psych cap and 50% fib reopens the london high at 61.07
Williams (18:00 UTC) and Waller (19:00 UTC) could break the 60.70–61.00 range late in the NY session
17:05 UTC
Intraday range, drifting lower after failed NY spike · RSI 45 · price 60.715
Lower highs since 61.34, NY low near 60.70 tested three times.
The JOLTS-miss pop at 14:00 UTC to the 61.34 NY high reversed within the hour, putting price back inside the Asian range (asian low 60.29, top near the 61.00 cap) as yields and USD stayed bid. After London close, lower highs at 60.97/60.98 are pressing on the 60.70 NY low, tested three times. Price sits on the 61.8% fib of the 60.29–61.34 move, RSI(14) ~45, below both EMAs.
Support: 60.70, 60.543, 60.289
Resistance: 61.00, 61.342
What it said to watch
M15 close below the 60.70 NY low and the 61.8% fib exposes the 60.54 london low
Loss of 60.54 puts the 60.29 asian low back in play
Close above the 61.00 cap breaks the lower-highs trendline and negates the false break read
Fed's Williams (18:00 UTC) and Waller (19:00 UTC) can move yields and shift this read
16:48 UTC
Sideways, lower highs after failed NY spike · RSI 46 · price 60.774
False break above London high, price back inside London range.
Early NY hours pushed through the 61.074 london high to a 61.342 ny high around the JOLTS miss, but the move fully reversed to a 60.696 ny low within the hour, leaving a false break with no lasting lift. Price is now chopping below 61.00 between the ny low and a 60.981 swing high, with lower highs forming, price under both EMAs and RSI(14) neutral at 46.
Support: 60.696, 60.543, 60.289
Resistance: 60.981, 61.074, 61.342
What it said to watch
Break of the 60.696 ny low exposes the 60.543 london low
Failure to hold the 60.543 london low reopens the 60.289 day low from Asia hours
Close above the 60.981 swing high breaks the lower-highs line; the 61.074 london high sits near the 61.8% of the ny spike fib
Fed's Goolsbee (17:00), Williams (18:00) and Waller (19:00 UTC) could materially shift this read
16:34 UTC
Range after a failed NY push higher · RSI 51 · price 60.893
False break above Asian high, retrace to 61.8%, now mid-range.
NY session broke the 61.015 Asian high around the JOLTS miss and printed a 61.342 NY high. The move then failed and unwound to the 60.70 NY low, a 61.8% retrace of the 60.29–61.34 leg. After London close, price sits mid-range near 60.89 with RSI(14) ~51, just under EMA20 but above EMA50, as yield and USD pressure caps the 61.00 area.
Support: 60.696, 60.543, 60.289
Resistance: 61.015, 61.342
What it said to watch
M15 close back above the 61.015 asian high reopens the 61.342 ny high
Loss of the 60.70 ny low and 61.8% retrace exposes the 60.54 london low, then the 60.29 swing low
Fed speakers Barr, Goolsbee, Williams and Waller (16:40–19:00 UTC) could shift yields and this read
NY false break above London high, pullback held at 61.8% fib.
The NY session cleared the 61.07 London high to a 61.34 NY high, but the break failed and a sharp 15:00 UTC reversal ran price back to 60.70. That NY low sits on the 61.8% fib of the 60.29 day low to 61.34 move. Price is back mid-range near 60.83 with RSI(14) around 51, as hawkish Fed pricing capped the bounce despite the JOLTS miss.
Support: 60.696, 60.543, 60.289
Resistance: 61.074, 61.342
What it said to watch
An M15 close back above the 61.07 London high negates the false break and reopens the 61.34 NY high
A break of the 60.70 NY low (61.8% fib) exposes the 60.54 London low and the 60.29 day low
Fed speakers Goolsbee 17:00, Williams 18:00 and Waller 19:00 UTC could materially shift this read
16:04 UTC
Sideways, NY breakout rejected · RSI 49 · price 60.84
Back inside the Asian range after a false break above 61.00.
NY pushed through the 61.00 round number and the Asian range top to a 61.34 session high. It then reversed to a 60.70 swing low, a false break that leaves price mid-range near the 50% fib of the 60.29–61.34 leg, with RSI(14) at 49. The failure fits the digest's picture of yields, USD and Fed-hike pricing capping silver bounces; the JOLTS miss gave no lasting lift.
Support: 60.70, 60.54, 60.29
Resistance: 61.00, 61.34
What it said to watch
Break below the 60.70 swing low exposes the 60.54 london low and the 60.29 asian low
M15 close back above the 61.00 round number reopens the 61.34 session high
Fed speakers Barr, Goolsbee, Williams and Waller (16:40–19:00 UTC) could materially shift this read
False break above London high, lower high at 61.342.
NY session spiked to a 61.342 NY high on the JOLTS miss, clearing the Asian high and the 61.074 London high. It then reversed to a 60.696 NY low, a false break back below the 61.00 round number that prints a lower high versus Monday's 61.68. Price sits on the 50% fib of the 60.289–61.342 rally, below EMA20 and hugging EMA50, with RSI(14) neutral near 47.
Support: 60.696, 60.543, 60.289
Resistance: 61.00, 61.074, 61.342
What it said to watch
M15 close below the 60.696 ny low exposes the 60.543 london low, then the 60.289 session low
Reclaim of the 61.00 round number and the 61.074 london high would negate the false-break read
A move back through the 61.342 ny high breaks the lower-highs line from 61.68
Fed's Barr 16:40, Goolsbee 17:00, Williams 18:00 and Waller 19:00 UTC could materially shift this read
ADP (12:15 UTC) and PCE (12:30 UTC) Wednesday are the next scheduled catalysts
15:17 UTC
Intraday recovery, pulling back after NY push · RSI 55 · price 61.064
Higher lows from 60.289; broken 61.00 cap under retest.
Silver cleared the 61.00 prior cap in the first hour of NY and printed a 61.342 session high. The push coincided with the JOLTS miss and extended the rising lows from the 60.289 day low. The 15:00 UTC bar faded back into a retest of 61.00, holding near the 38.2% fib of the 60.687–61.342 leg with RSI(14) neutral at 55.
Support: 61.00, 60.687, 60.289
Resistance: 61.342, 61.68
What it said to watch
M15 close back below the 61.00 prior cap turns the breakout into a false break and puts the 60.687 NY low back in play
Loss of the rising lows line near 60.69 exposes the 60.289 day low
Close above the 61.342 session high opens the 61.68 prior high
Fed speakers Williams (18:00 UTC) and Waller (19:00 UTC) could materially shift this read
15:03 UTC
Intraday uptrend, higher lows since Asia · RSI 64 · price 61.214
HL chain from 60.289; broke the 61.00 round number at NY open.
Silver has printed higher lows off the 60.289 day low set late in the Asia session. The JOLTS miss at the NY open drove it through the 61.00 round number to a 61.342 session high, where supply has capped three bars. RSI(14) is near 64, and the rising trendline and the 60.687 swing low sit below.
Support: 61.00, 60.687, 60.289
Resistance: 61.342, 61.68
What it said to watch
M15 close back below the 61.00 round number would turn the NY breakout into a false break
Pullback holding the 38.2% retracement near 60.94 keeps the higher-low chain intact
Close above the 61.342 session high opens the 61.68 prior high from Monday's spike
Loss of the rising trendline and the 60.687 swing low would break the HL structure
Fed speakers Williams (18:00 UTC) and Waller (19:00 UTC) could materially shift this read; ADP/PCE follow tomorrow
14:47 UTC
Intraday uptrend off the 60.289 day low · RSI 60 · price 61.206
Higher-low chain; 61.00–61.09 prior cap broken in early NY.
Silver broke the 61.00–61.09 prior cap on the 14:00 UTC JOLTS miss and set a 61.342 session high in early NY hours. That break extends a higher-low chain from the 60.289 day low along a rising line. The first pullback is holding above the prior cap, and RSI(14) has cooled to around 60.
Support: 61.09, 60.687, 60.289
Resistance: 61.342, 61.589
What it said to watch
M15 close back below the 61.09 prior cap turns the breakout into a false break inside the old range
Break of the rising line and the 60.687 swing low (fib 61.8%) undoes the higher-low chain
Close above the 61.342 session high opens the 61.589 prior high from Monday's bounce
Fed speakers (Bowman 15:00, Williams 18:00, Waller 19:00 UTC) could materially shift this read; the 60.289 day low anchors the downside
Higher lows since Asia low; NY broke above London range high.
The soft JOLTS print at 14:00 UTC pushed silver through the London high at 61.074 and the 61.00 cap to a session high of 61.342. Price is holding above the fib 61.8% at 61.225 of the 61.803–60.289 drop, the rising lows from the Asia low remain intact, and RSI(14) is near 65, firm but not stretched.
Support: 61.225, 61.074, 60.687
Resistance: 61.342, 61.589
What it said to watch
M15 close back below the london high at 61.074 would mark the breakout as a false break
Holding above the fib 61.8% at 61.225 keeps the session high at 61.342 and Monday's prior high at 61.589 in view
A break of the rising lows trendline near 60.687 would undo the intraday recovery structure
Fed speakers from 15:00 UTC (Bowman first) could challenge October hike pricing and shift this read
ADP tomorrow at 12:15 UTC is the next high-impact USD trigger
14:04 UTC
Recovering off 60.29 low, higher lows under cap · RSI 60 · price 61.069
Higher-low chain pressing flat 61.00-61.10 cap.
Since the 60.29 Asia-session low, silver has printed higher lows at the 60.543 London low, the 60.687 NY low and the 60.821 higher low. The 61.00-61.10 cap has held through London and NY while the rising trendline tightens beneath it. The current bar is probing the 61.10 session high, near the 50% fib of Monday's slide, as the 14:00 UTC JOLTS window opens with RSI(14) at a neutral 60.
Support: 60.821, 60.687, 60.543
Resistance: 61.10, 61.225, 61.68
What it said to watch
M15 close above the 61.10 session high opens the 61.8% fib at 61.225, then the 61.68 prior high from Monday's spike
Loss of the 60.821 higher low and the rising trendline near 60.76 breaks the higher-low chain toward the 60.687 NY low
A break of the 60.543 London low returns focus to the 60.29 Asia-session low
JOLTS and Consumer Confidence at 14:00 UTC, then Fed speakers 15:00-19:00 UTC, could shift this read
13:47 UTC
Sideways, compressing under 61.00 · RSI 53 · price 60.876
Higher lows from the Asian low beneath a flat 61.00–61.07 cap.
London's push above the Asian high to the 61.074 london high failed back below the 61.00 round number. Early NY hours brought another rejection at the 61.038 ny high. Lows keep stepping up from the 60.289 asian low through the 60.543 london low and 60.687 ny low along a rising trendline, while Monday's oil- and yield-driven selloff keeps rebounds capped.
Support: 60.687, 60.543, 60.289
Resistance: 61.038, 61.074
What it said to watch
JOLTS and Consumer Confidence at 14:00 UTC (next bar) could materially shift this read
M15 close above the 61.074 london high breaks the 61.00 cap that has held all session
Break of the 60.687 ny low and the rising trendline exposes the 60.543 london low, then the 60.289 asian low
Fedspeak from Williams at 18:00 UTC and Waller at 19:00 UTC adds late NY session risk
13:33 UTC
Flat, higher lows under a cap · RSI 52 · price 60.793
Higher lows from 60.289 compressing under the 61.00–61.07 session high.
Early NY session. Silver is building higher lows off the 60.289 session low set late in Asia, but supply capped rallies at 61.015 and 61.074, in line with the digest's $61.00 lid after Monday's oil- and yield-driven rout. The 12:45 UTC dip held the 60.687 swing low near the 50% retrace of the 60.289–61.074 leg, leaving price coiled under the session high with RSI(14) neutral near 52.
Support: 60.687, 60.543, 60.289
Resistance: 61.074, 61.68
What it said to watch
JOLTS and Consumer Confidence at 14:00 UTC could materially shift this read
M15 close above the 61.074 session high breaks the cap and opens the 61.68 prior spike
Break of the 60.687 swing low and rising trendline exposes the 60.543 higher low, then the 60.289 session low
Williams (18:00 UTC) and Waller (19:00 UTC) on October-hike odds
13:17 UTC
Range after oversold bounce, capped below 61.00 · RSI 55 · price 60.793
60.54–61.07 range since Asia low; lower highs in early NY.
Silver has ranged between 60.54 and 61.07 since the Asia-session drop to the 60.289 day low. Supply capped the 61.00 area twice around the London-NY transition, with elevated yields weighing. The first hour of NY dipped to a 60.687 swing low near the 50% fib of that bounce, and lower highs near 60.93 are keeping the session high out of reach.
Support: 60.687, 60.543, 60.289
Resistance: 60.928, 61.074
What it said to watch
JOLTS and Consumer Confidence at 14:00 UTC could break the range in either direction
M15 close above the 61.074 session high invalidates the capped-range read
Failure to hold the 60.687 swing low / 50% fib exposes the 60.543 london low
A break of the 60.289 day low would extend Monday's slide
Williams (18:00 UTC) and Waller (19:00 UTC) could shift the NY-session read
13:06 UTC
Range, pulling back from session high · RSI 51 · price 60.762
60.29–61.07 range since Asia; higher low at 60.54, lower highs after 61.07 rejection.
Silver's late-London push through the 61.015 Asian high was rejected at the 61.074 session high, keeping the $61.00 cap intact as yields stay firm. Price has eased to 60.76, just under both EMAs, with the pullback holding the 60.687 intraday low near the 50% fib. RSI(14) sits neutral at 51 in the London-NY transition.
Support: 60.687, 60.543, 60.289
Resistance: 61.015, 61.074
What it said to watch
JOLTS and Consumer Confidence at 14:00 UTC could materially shift this read
M15 close above the 61.074 session high invalidates the rejection read
Failure at the 60.687 intraday low / 50% fib exposes the 60.543 swing low
Break of the 60.289 Asian low turns the range into a lower-low sequence
Higher lows off the Asian low, capped by the session high.
Asia swept the 60.40 lows to 60.289 before a sharp rebound. London printed higher lows at 60.543 and pushed to a 61.074 session high, but could not hold above 61.00, in line with the hawkish-Fed, high-yield backdrop. Early NY is back at the 38.2% fib of that rise near 60.77, just under the ema20, with the ny low at 60.705 underneath.
Support: 60.705, 60.543, 60.289
Resistance: 61.074
What it said to watch
JOLTS and Consumer Confidence at 14:00 UTC, then Williams 18:00 and Waller 19:00 UTC, could materially shift this read
M15 close below the 60.543 london low breaks the rising lows sequence and re-exposes the 60.289 asian low
M15 close back above the 61.074 session high clears the 61.00 rejection zone
Loss of the 60.705 ny low puts the 50–61.8% fib band (60.68–60.59) in focus
Higher lows since London open sweep; capped at session high.
London open swept below the Asian range to a 60.289 session low, near the August low, then reversed through the 61.00 psych. The higher-low line from that low runs through the 60.543 swing low. Early NY has been rejected twice at the 61.074 session high, with yields near 19-year highs keeping bounces capped; price sits just above the 60.777 micro low, and RSI(14) is in the high-50s.
Support: 60.777, 60.543, 60.289
Resistance: 61.00, 61.074
What it said to watch
M15 close above the 61.074 session high breaks the cap and extends the higher-high chain
Loss of the 60.777 micro low puts the 61.8% of the London rally fib (~60.59) in play
Break of the 60.543 swing low and the higher-low line reopens the 60.289 session low, with 60.00 below
JOLTS and Consumer Confidence at 14:00 UTC, then Fedspeak through 19:00 UTC, could materially shift this read
Higher lows since Asian low; rejection at session high.
Silver is bouncing off the 60.289 Asian low (Aug lows) and building higher lows through London, with the 60.543 london low holding above a rising trendline. Late London pushed the 61.074 session high marginally through the 61.015 Asian high before a rejection back toward the 60.815 micro low, consistent with the digest's read of bounces capped near $61 on firm yields and USD.
Support: 60.815, 60.543, 60.289
Resistance: 61.015, 61.074
What it said to watch
M15 close back below the 60.815 micro low puts the rising trendline and 60.543 london low back in play
Sustained trade above the 61.074 session high breaks the $61 cap that has held since Asia
Loss of the 60.289 asian low would confirm a fresh intraday lower-low and expose $60.00
JOLTS at 14:00 UTC and Fedspeak into 19:00 UTC can materially shift this read via yields
Higher-low chain off 60.289 day low, capped near 61.00–61.07.
Silver has built higher lows off the 60.289 day low set late in Asia, with London lifting from the 60.543 swing low along a rising lows line, but the 61.00 psych level rejected both the 06:00 and 11:45 UTC probes, the latter a 61.074 session high. The bounce stays shallow against a yield-driven USD bid. RSI(14) is near 62 and ATR is around 158 pips into late London.
Support: 60.742, 60.543, 60.289
Resistance: 61.00, 61.074
What it said to watch
M15 close above the 61.074 session high clears the 61.00 psych cap that has held the bounce
Loss of the 60.742 higher low and the rising lows line puts the 60.543 swing low back in play
A break of the 60.289 day low negates the recovery structure
JOLTS and Consumer Confidence at 14:00 UTC, then Williams/Waller Fedspeak into 19:00 UTC, could materially shift this read
11:48 UTC
Range after Monday flush, higher low in place · RSI 56 · price 60.837
60.29–61.02 intraday range, double rejection under 61.00, HL at 60.54.
Silver is holding a 60.29–61.02 range after the Asia low printed the lowest level since Aug 5. London built a higher low at 60.54, but supply capped the rebound at the 61.00 session high again at 11:30 UTC. Price is sitting on the 60.75 micro low, just above EMA20/EMA50 near 60.79, with RSI(14) neutral at 56 ahead of the NY open.
Support: 60.75, 60.543, 60.289
Resistance: 61.00
What it said to watch
M15 close above the 61.00 session high clears the double rejection and the range top
Loss of the 60.75 micro low returns focus to the 60.54 higher low and the rising line from the Asia low
Break below the 60.29 asia low extends the lower-low sequence toward the 60.00 handle
JOLTS and Consumer Confidence at 14:00 UTC, then Williams/Waller Fedspeak, could materially shift this read via yields
Inside Asian range; London HH/HL chain pressing range top.
The Asian session swept the Aug low at 60.289 and snapped back to the 61.015 Asian high. London has stayed inside that Asian range, retracing about 65% of the sweep bounce to the 60.543 London low before a higher-low trendline lifted price back to 60.99. The $61.00 cap is being tested again, with yields near 19-year highs framing bounces as shallow.
Support: 60.752, 60.543, 60.289
Resistance: 61.015, 61.243
What it said to watch
M15 close above the 61.015 Asian high breaks the Asian range and exposes the 61.243 NY swing hi from Monday
Loss of the 60.752 higher low and trendline breaks the London HH/HL chain, reopening the 60.543 London low
A break of the 60.289 Asian low marks a lower-low below the Aug low
JOLTS and Consumer Confidence at 14:00 UTC, then Williams and Waller late NY, could materially shift this read
11:17 UTC
Sideways, compressing after Asian bounce · RSI 56 · price 60.886
Higher lows from 60.289 against flat lower highs capped below 61.00.
Silver is coiling below the 61.015 Asian high after the 60.289 swing low printed early in the Asia session. London held a higher low at 60.543, near the 61.8% of the Asian rally, and price is now pressing the 60.986 London high late in London with RSI(14) ~56, as yields near 19-year highs keep the $61 area capping bounces.
Support: 60.543, 60.289
Resistance: 60.986, 61.015
What it said to watch
M15 close above the 60.986 London high and 61.015 Asian high breaks the lower-highs line and clears $61.00
Loss of the 60.543 London low breaks the higher-low line and reopens the 60.289 swing low
Musalem at 11:30 UTC and JOLTS at 14:00 UTC (f/c 7.23M) could materially shift this read
11:03 UTC
Rebound from Asia low, higher low in place · RSI 51 · price 60.827
Higher low at 60.543 after 60.289 low; capped at 60.87.
After Monday's yield-driven rout, silver bottomed at the 60.289 Asia low and made a London higher low at the 60.543 swing low. Mid-London, it is now pinned against the Asian high at 60.87, with the 61.015 session high above. RSI(14) is neutral near 51 and price sits just above both EMAs.
Support: 60.742, 60.543, 60.289
Resistance: 60.873, 61.015, 61.187
What it said to watch
M15 close above the 60.87 Asian high puts the 61.015 session high and the 61.187 prior high in play
Loss of the 60.742 pullback low returns price to the rising trendline and the 60.543 swing low
Break below the 60.289 Asia low negates the higher-low structure
Musalem at 11:30 UTC, then JOLTS and Consumer Confidence at 14:00 UTC, could materially shift this read
Contracting range: higher low 60.543 vs lower highs below 61.015.
Silver is boxed between the 60.289 asia low and the 61.015 high near the 61.00 pivot. Mid-London, the 60.543 higher low set against the 60.986 london high and the 60.871 lower high is compressing price mid-range, with RSI(14) flat near 50. The hawkish Fed and 19-year-high yields keep the oversold bounce shallow.
Support: 60.543, 60.289
Resistance: 60.871, 60.986, 61.015
What it said to watch
M15 close above the 60.986 london high and 61.00 pivot breaks the lower-high sequence
Loss of the 60.543 higher low reopens the 60.289 asia low
JOLTS and Consumer Confidence at 14:00 UTC, plus Musalem (11:30 UTC), could materially shift this read
Break of the higher low line or lower high line resolves the compression
10:34 UTC
Downtrend paused, sideways recovery off the low · RSI 53 · price 60.852
Inside the Asian range; higher low at 60.54 under a 60.99–61.02 cap.
Silver swept to the 60.29 asian low late in Asia after Monday's hawkish-Fed and yields rout, then snapped back to the 61.01 asian high. London has held inside that range, with the london low at 60.54 near the 61.8% of the bounce fib forming a higher low. Mid-London, price sits just above the ema20 near 60.74, RSI(14) is neutral near 53 and ATR(14) is about 155 pips.
Support: 60.74, 60.54, 60.29
Resistance: 61.01, 61.24
What it said to watch
M15 close above the 61.01 asian high breaks the Asian range and exposes the 61.24 prior swing
Loss of the 60.54 london low breaks the higher-low line and puts the 60.29 asian low back in play
Musalem at 11:30 UTC, then JOLTS and Consumer Confidence at 14:00 UTC, could materially shift this read
Lower high 60.986 vs higher low 60.543, compressing inside Asian range.
Late-Asia sweep below 60.395 to the 60.289 asian low (lowest since Aug 5) drew an oversold bounce to the 61.015 asian high. London has since printed a lower high at 60.986 and a higher low at 60.543, holding the 61.8% retrace of the bounce. Price at 60.835 is mid-range with RSI(14) near 52, capped under the 61.00 area as hawkish Fed pricing and 5%+ yields weigh.
Support: 60.543, 60.289
Resistance: 60.986, 61.015
What it said to watch
M15 close above the 61.015 asian high breaks the lower-high sequence and the 61.00 cap
Loss of the 60.543 london low breaks the higher-low trendline and exposes the 60.289 asian low
Fedspeak from Musalem at 11:30 UTC, then JOLTS and Consumer Confidence at 14:00 UTC, could materially shift this read
Lower highs through London after Asia rebound from 60.289 capped at 61.015.
Asia extended Monday's rout to a 60.289 asia low before an oversold bounce was rejected at the 61.015 asia high. London has since printed lower highs from 60.986 to 60.794, and price is back at the 50% retracement of the Asia bounce near 60.65, just above the 60.543 london low, as hawkish Fed repricing and 19-year-high yields keep rebounds shallow.
Support: 60.543, 60.289, 60.00
Resistance: 60.794, 61.015
What it said to watch
An M15 close above the 60.794 lower high breaks the London lower-high trendline and puts the 61.015 asia high back in play
Failure to hold the 60.543 london low (61.8% fib zone) exposes the 60.289 asia low and the 60.00 round number
Musalem at 11:30 UTC, then JOLTS and Consumer Confidence at 14:00 UTC, could materially shift this read going into NY
09:47 UTC
Down, Asia bounce faded; London printing lower highs · RSI 46 · price 60.732
Inside Asian range 60.29–61.02, lower highs since 61.02.
Asia swept to a 60.29 swing low as yields and hawkish Fed pricing weighed. The bounce stalled at the 61.02 Asian high, just under the 50% retracement of Monday's 61.80–60.29 drop. Mid-London, price is holding inside the Asian range with lower highs and a 60.54 London low, now pressing the London lower-high line near 60.74 with RSI(14) around 46.
Support: 60.54, 60.29
Resistance: 60.87, 61.02
What it said to watch
An M15 close below the 60.54 London low exposes the 60.29 swing low
A break of the 60.29 swing low extends the lower-low sequence toward the 60.00 round number
Clearing the London lower-high line and closing above 60.87 (38.2% fib) opens the 61.02 Asian high
Fedspeak from 11:30 UTC and JOLTS at 14:00 UTC could materially shift this read
09:34 UTC
Downtrend, bounce faded · RSI 41 · price 60.577
Lower highs from 61.015 after late-Asia sweep; London pressing session low.
A late-Asia sweep below the 60.395 swing low to the 60.289 asia low snapped back to a 61.015 bounce high, which met rejection just above the 61.00 area. London has since printed lower highs from the 60.986 london high to the 60.736 lower high as yields near 19-year highs keep silver heavy. Price is back at the 61.8% of that bounce, pressing the 60.543 session low with RSI(14) near 41.
Support: 60.543, 60.395, 60.289
Resistance: 60.736, 60.986, 61.015
What it said to watch
M15 close above the 60.736 lower high breaks the lower-highs trendline
Failure to hold the 60.543 session low exposes the 60.395 swing low and 60.289 asia low
A break of the 60.289 asia low opens the 60.00 round number
Reclaiming the 60.986 london high and 61.015 bounce high would negate the lower-highs read
Musalem at 11:30 UTC and JOLTS at 14:00 UTC (17:00 broker) could materially shift this read
London lower highs from 61.00 compressing onto a flat 60.60 base, inside the Asian range.
Asia swept to 60.289, the asian low and Monday flush area, then bounced to the 61.015 asian high. London has since printed lower highs and is pressing the 60.60 london low, between the 50% and 61.8% retracement of that asian bounce. Yield-driven USD strength has kept rebounds shallow ahead of JOLTS.
Support: 60.601, 60.289
Resistance: 60.80, 61.015
What it said to watch
M15 close below the 60.60 london low breaks the base and exposes the 60.289 asian low
Reclaim of the 60.80 lower high breaks the London lower-high sequence and reopens the 61.015 asian high
Musalem at 11:30 UTC and JOLTS at 14:00 UTC (f/c 7.23M) could materially shift this read
Lower high at 60.986 under 61.015, London holding a 60.60 floor.
Asia flushed to a 60.289 swing low, then bounced sharply to 61.015. London was rejected just under that bounce high with a lower high at 60.986 and has faded to the 50% retrace of the Asia bounce near 60.65. The London low at 60.60 has held for four bars, while price sits below the EMA20 at 60.725 with RSI(14) neutral near 46 and yields near 5.2% capping rebounds.
Support: 60.60, 60.289
Resistance: 60.725, 61.015
What it said to watch
Failure to hold the 60.60 London low exposes the 60.289 swing low and the 61.8% retrace of the Asia bounce near 60.57 on the way
Close back above the 60.725 ema20, then the 61.015 bounce high, breaks the lower-high sequence
Musalem at 11:30 UTC and JOLTS at 14:00 UTC (f/c 7.23M) could materially shift this read
Lower highs since 61.015 Asian high, inside 60.289–61.015 Asian range.
Early London is fading the Asia bounce off the 60.289 session low. That bounce was rejected at the 61.015 Asian high, and price now sits at the 50% fib of the move, below EMA20/50, with lower highs since 06:30 UTC as yields keep silver heavy. The London low at 60.601 is the nearest shelf; the 60.395 swing low sits beneath.
Support: 60.601, 60.395, 60.289
Resistance: 60.819, 61.015
What it said to watch
M15 close below the 60.601 london low (near the 61.8% fib at 60.566) exposes the 60.395 swing low and the 60.289 session low
M15 close above the 60.819 lower high breaks the lower-high line and reopens the 61.015 asian high
Fedspeak from 11:30 UTC and JOLTS at 14:00 UTC (f/c 7.23M) could materially shift this read
08:32 UTC
Pullback within Asian range, momentum fading · RSI 46 · price 60.636
Lower highs from 61.015, fresh London low at 60.622.
Early London has faded the Asia rebound. After a rejection near the 61.015 asian high, a chain of lower highs has formed and a new london low printed at 60.622. Price sits at the 50% retrace of the 60.289–61.015 bounce, below both EMAs, as silver stays heavy on yields near 19-year highs and ~70% October hike odds.
Support: 60.622, 60.566, 60.289
Resistance: 60.80, 61.015
What it said to watch
Break of the 60.622 london low exposes the fib 61.8 at 60.566, then the 60.289 asian low
Recovery above the 60.80 lower high neutralises the pullback read; the 61.015 asian high marks the range top
Musalem at 11:30 UTC and JOLTS at 14:00 UTC (f/c 7.23M) could materially shift this read
Asia swept below 60.395 to the 60.289 asian low, then bounced to the 61.015 asian high before a lower high at 60.986. Early London has slipped back under ema20 to test the 60.622 london low, near the 50% of the asian rebound fib. The rejection below $61.00 fits the digest's yield-driven pressure after Monday's ~5% flush.
Support: 60.622, 60.289, 60.00
Resistance: 60.74, 61.015
What it said to watch
M15 close below the 60.622 london low reopens the 60.289 asian low and the 60.00 round number
M15 close above the 61.015 asian high breaks the lower-highs sequence
Holding back above ema20 near 60.74 would neutralise the London fade
Fed's Musalem at 11:30 UTC and JOLTS at 14:00 UTC (f/c 7.23M) could materially shift this read
Asian low swept at 60.289, london ranging below 61.015.
Monday's NY selloff carried into Asia, where a sweep to the 60.289 asian low, near the $60.30 low tied to yields at 19-year highs, snapped back to the 61.015 asian high. That high sits at the 50% retrace of the 61.68–60.29 drop. Early London is ranging 60.74–60.99 with a rejection just under that level, and RSI(14) is neutral near 53.
Support: 60.74, 60.289
Resistance: 61.015, 61.243
What it said to watch
M15 close above the 61.015 asian high and 50% retrace opens the path toward the 61.243 late ny high
Loss of the 60.74 london low exposes the 60.289 asian low and the $60.00 handle
JOLTS at 14:00 UTC (f/c 7.23M) and Musalem at 11:30 UTC could materially shift this read
Sweep of 60.29 then higher lows; London holding 60.76–60.99.
After Monday's yield- and oil-driven flush, Asia swept down to a 60.289 sweep low and reclaimed it, with a pre-London push to a 61.015 session high. Early London is consolidating between the 60.758 london low and 60.99, right at the 38.2% fib of the 61.80–60.29 drop.
Support: 60.758, 60.289
Resistance: 61.015, 61.20, 61.68
What it said to watch
M15 close above the 61.015 session high opens the prior range top near 61.20, with the ny spike hi at 61.68 above
Loss of the 60.758 london low and higher-low trendline puts the 60.289 sweep low back in play
JOLTS and Consumer Confidence at 14:00 UTC, plus Fed speakers through 19:00 UTC, could materially shift this read
Asian low swept, Asian high broken; higher low 60.758, flat highs under 61.015.
Early London. The late-Asia sweep low at 60.289 reversed into a break of the 60.867 Asian high. The rebound is capped so far at the 61.015 session high, with a higher low at 60.758 and RSI(14) near 63. The move is corrective after Monday's yield- and oil-driven flush, and the metal is still heavy near the $61 handle.
Support: 60.867, 60.758, 60.289
Resistance: 61.015, 61.187
What it said to watch
M15 close above the 61.015 session high opens the 61.187 prior swing
Loss of the 60.867 asian high, then the 60.758 higher low and the higher-low line, puts the 60.289 sweep low back in play
A retrace beyond the 50% of the rebound fib (~60.65) would negate the Asian range break
Fedspeak from 11:30 UTC, then JOLTS and Consumer Confidence at 14:00 UTC, could materially shift this read
Asian low swept, reversal capped at 61.015; holding 60.76–61.02 band.
Silver swept the Asian low to the 60.289 sweep low at 05:30 UTC and reversed through the Asian high to a 61.015 session high. That high sits at the 50% fib of Monday's yield- and USD-driven 61.80–60.29 drop, just under the 61.00 level flagged as broken support. Early in London, price is holding the 60.758 pullback low around the 38.2% fib, with RSI(14) near 58.
Support: 60.758, 60.605, 60.289
Resistance: 61.015, 61.243
What it said to watch
M15 close above the 61.015 session high and 50% fib opens the 61.243 swing high
Loss of the 60.758 pullback low puts the 60.605 monday low and 60.289 sweep low back in play
Fed's Musalem at 11:30 UTC and JOLTS at 14:00 UTC (f/c 7.23M) could materially shift this read
Asian range swept below, then broken above; capped at $61 psych, Monday lower highs intact.
The 60.40–60.87 Asian range was swept to a 60.289 sweep low at 05:30 UTC, then reversed sharply to a 61.015 session high, where the $61 psych level lost in Monday's rout capped the move. At London open price is holding the 60.80 retest low and sitting on the EMA50, with RSI(14) neutral near 54 as hawkish-Fed and high-yield pressure stays in the backdrop.
Support: 60.80, 60.652, 60.289
Resistance: 61.015, 61.19
What it said to watch
An M15 close back below the 60.80 retest low returns price to the Asian range and exposes the fib 50% at 60.65
Failure at the 61.015 session high keeps Monday's lower-high sequence intact; an M15 close above it opens the 61.19 breakdown level
A move back through the 60.289 sweep low negates the false break
Fed's Musalem at 11:30 UTC, then JOLTS (f/c 7.23M) at 14:00 UTC and afternoon Fedspeak could materially shift this read
06:47 UTC
Downtrend, short-term bounce off Asia lows · RSI 57 · price 60.864
Lower highs from Monday NY; Asia low sweep then higher low under 61.00.
Late Asia session swept down to a 60.289 asia low before a sharp reversal cleared the Asian range top near 60.87. The move stalled at a 61.015 session high, just above the $61.00 broken Fib level flagged in the news, and a small higher low at 60.802 is holding into London open. Monday's lower-high sequence from the 61.80 NY high is still intact, with firm yields and USD keeping pressure on silver.
Support: 60.802, 60.289, 60.00
Resistance: 61.015, 61.68
What it said to watch
M15 close above the 61.015 session high breaks the rejection at 61.00 and exposes the 61.68 prior high
Loss of the 60.802 higher low brings the sweep bounce fib 50–61.8% zone (60.65–60.57) back into play
Failure back below the 60.289 asia low extends the lower-low sequence toward 60.00 psych
Fed's Musalem at 11:30 UTC, then JOLTS/Consumer Confidence at 14:00 UTC and Fedspeak into 19:00 UTC, could materially shift this read
Asian low swept, Asian high broken, retest underway.
The late-Asia sweep of the 60.395 Asian low to a 60.289 sweep low reversed into a push through the 60.867 Asian high, stalling at a 61.015 session high near the 61.00 level the digest flags as broken Fib support. Price is retesting the Asian high about 30 minutes before London open. RSI(14) sits near 57, well off the extremes.
Support: 60.867, 60.636, 60.289
Resistance: 61.015, 61.20
What it said to watch
An M15 close back below the 60.867 asian high returns price to the Asian range, with the 60.636 pullback low and the fib 50% near 60.65 next
A close above the 61.015 session high opens the 61.20 breakdown shelf from Monday's NY session
Failure at the 60.289 sweep low resumes the lower-low sequence
Fed's Musalem at 11:30 UTC, then JOLTS at 14:00 UTC and afternoon Fedspeak, could materially shift this read
Sweep of overnight lows reversed, Asian range top cleared, capped at 61.00.
Late in the Asia session, ahead of London open, a sweep below the overnight lows to the 60.289 sweep low reversed sharply. Price cleared the 60.85 range top and tagged the Asia high at 61.015, the broken $61 Fib area the digest flags after Monday's yield-driven rout. That sits at the 50% retrace of the 61.80–60.29 slide, and price is still below the 61.19 prior pivot, so yesterday's NY lower-high sequence remains intact.
Support: 60.85, 60.605, 60.289
Resistance: 61.015, 61.19
What it said to watch
M15 close above the 61.19 prior pivot (61.8% fib) breaks the lower-high sequence
Slip back below the 60.85 range top turns the bounce into a false break, with the 60.605 ny low next
Loss of the 60.289 sweep low resumes the lower-low chain
Musalem at 11:30 UTC, then JOLTS and heavy Fedspeak from 14:00 UTC could reprice yields and shift this read
06:03 UTC
Downtrend, pausing in Asian range · RSI 54 · price 60.772
Asian range 60.40–60.87 after Monday's slide; late-Asia dip below the range low was reclaimed.
Monday's yield- and USD-driven rout ended near 60.60, and Asia has held a 60.40–60.87 range. A late-Asia sweep to the 60.289 session low was bought straight back into the range. Price sits at 60.77 into London open, above EMA20, below EMA50 and under the 38.2% fib of the 61.68–60.29 leg.
Support: 60.395, 60.289
Resistance: 60.867, 61.00
What it said to watch
M15 close above the 60.867 asian high opens the 61.00 round number, which lines up with the 50% fib
Loss of the 60.395 asian low and then the 60.289 session low resumes the lower-low sequence
Fed's Musalem at 11:30 UTC and JOLTS/Consumer Confidence at 14:00 UTC could materially shift this read
05:47 UTC
Downtrend, stalling in Asia · RSI 47 · price 60.678
Lower lows inside a 60.29–60.87 Asian range, flat range top.
Monday's NY slide from 61.80 extended into a 60.605 close as oil-driven yield gains firmed the USD. Asia has since held a 60.29–60.87 range. The 05:30 UTC bar swept the asian low at 60.289, dipping below the 60.395 prior low, then snapped back toward 60.76. Price is now pinned under the asian high, which sits near the 38.2% retracement of the drop from the 61.68 NY high, with the fib 50% at 60.985 just above.
Support: 60.395, 60.289, 60.00
Resistance: 60.867, 60.985
What it said to watch
M15 close above the 60.867 asian high breaks the range and opens the fib 50% at 60.985
Failure back below the 60.289 asian low confirms a lower low, with 60.00 psych next
Fed's Musalem at 11:30 UTC, then JOLTS and Consumer Confidence at 14:00 UTC, could materially shift this read
05:31 UTC
Downtrend, grinding lower in Asia · RSI 35 · price 60.386
Lower highs from 60.867, Asian range floor giving way.
Silver is still heavy after Monday's rout below the $61 broken fib level, which came as higher oil and yields firmed the USD. Asia bounces have been capped by successive lower highs at 60.867, 60.828 and 60.674 along a descending trendline, and the 05:30 UTC bar has slipped under the 60.395 Asian range floor to a new session low at 60.355 (RSI(14) ~35, not yet oversold).
Support: 60.355, 60.00
Resistance: 60.674, 60.867
What it said to watch
M15 close back above the 60.674 lower high breaks the lower-high chain; reclaiming the 60.867 Asian high neutralises the trendline read
Failure to hold the 60.355 session low leaves the 60.00 round number as the next marker
Fed's Musalem at 11:30 UTC, then JOLTS (f/c 7.23M) and Consumer Confidence at 14:00 UTC, could materially shift this read
05:16 UTC
Downtrend, compressing in late Asia · RSI 41 · price 60.568
Lower highs through Asia, new low at 60.395, tight 60.43-60.64 box.
Monday's slide on hawkish Fed repricing and 5%+ yields extended in Asia. Price broke the monday low at 60.605 and printed an asian low at 60.395, with Asian highs stepping lower from 60.867. Late Asia, before the London open, price is compressing just under 60.605 with RSI(14) near 41 and below both EMAs.
Support: 60.395, 60.00
Resistance: 60.605, 60.867, 61.00
What it said to watch
M15 close back above the 60.605 monday low reopens the asian high at 60.867
Failure at 60.395 extends the lower-low chain toward the 60.00 round number
Lower-highs trendline from the 60.867 asian high caps; a break above it invalidates the Asian drift
Recovery toward the broken fib at 61.00 (38.2% of the NY swing near 60.93) would mark a deeper retracement
Fed's Musalem 11:30 UTC, then JOLTS and Consumer Confidence at 14:00 UTC could materially shift this read
05:05 UTC
Downtrend, Asia grinding lower · RSI 39 · price 60.568
Lower highs in Asia range, fresh session low at 60.395.
Monday's NY spike to 61.80 reversed into a slide back under the 61.00 fib level as yields and USD firmed. Late in the Asia session, lower highs at 60.867 (asian high) and 60.828 fed a sweep of the 60.43 low into a new session low at 60.395. Price is holding just above that low ahead of London open, below both EMAs, with RSI(14) near 39.
Support: 60.395, 60.00
Resistance: 60.828, 60.867, 61.00
What it said to watch
M15 close below the 60.395 session low extends the lower-low sequence toward 60.00 psych
Recovery through the 60.828 lower high and 60.867 asian high breaks the Asia lower-highs line
61.00 fib level, lost Monday, sits near the 38.2% retrace of the Monday selloff
Fedspeak from 11:30 UTC and JOLTS/Consumer Confidence at 14:00 UTC could materially shift this read
04:46 UTC
Downtrend, pausing in Asia · RSI 43 · price 60.574
Lower highs from 61.80; Asian range 60.40–60.87 under the prior-day low.
Late Asia session. Silver is holding a 60.40–60.87 range after Monday's slide on firm USD and 5%+ yields, with sellers capping each bounce below the prior-day low. The 04:00 UTC probe to a 60.395 session low recovered, but price is still pinned just under the 60.605 prior low and both EMAs, with RSI(14) near 43.
Support: 60.395, 60.00
Resistance: 60.605, 60.867, 61.00
What it said to watch
A close below the 60.395 session low extends the lower-low chain toward the 60.00 round number.
Reclaiming the 60.605 prior low and the 60.867 Asian high puts the 38.2% fib of the 61.80–60.40 drop (~60.93) and the 61.00 round number in play.
London open is the first test of the Asian range; an early break sets the day's direction.
JOLTS and Consumer Confidence at 14:00 UTC, plus Fedspeak from 11:30 UTC, could materially shift this read.
Asian range 60.43–60.87 with lower highs; brief sweep below range low reclaimed.
Silver is holding a 60.43–60.87 Asian range after Monday's ~5% slide on hawkish Fed pricing and 5%+ yields, with a descending trendline of lower highs off the 60.867 Asian high. A dip to a 60.395 session low swept the range floor and price has reclaimed it, but it remains below both EMAs with RSI(14) near 44. The Monday fib of the 61.80–60.40 drop puts its 38.2% level near the 61.00 broken fib zone.
Support: 60.395, 60.00
Resistance: 60.711, 60.867, 61.00
What it said to watch
M15 close above the 60.711 lower high and the descending trendline breaks the Asian lower-high sequence
Acceptance above the 60.867 Asian high opens the 61.00 broken fib and 38.2% Monday fib area
Failure to hold the 60.395 session low confirms a lower-low and puts 60.00 psych in focus
London open in ~3h may set the session range; Musalem 11:30 UTC and JOLTS 14:00 UTC could materially shift this read
04:16 UTC
Downtrend, fresh session low in late Asia · RSI 38 · price 60.44
Lower highs inside Asian range, now slipping through the range low.
Asia session held a 60.43–60.87 Asian range beneath Monday's USD- and yield-driven slide through the $61 broken fib level, with each lower high capped under the trendline from the 60.867 Asian high. The last two bars dropped through the Asian low to a session low at 60.395; RSI(14) near 38 is not stretched, and the 60.88 38.2% selloff fib sits on the Asian high.
Support: 60.395, 60.00
Resistance: 60.828, 60.867
What it said to watch
M15 close back above the 60.43 Asian low would turn the break into a false break
Failure to hold the 60.395 session low leaves 60.00 psych as the next marker
Close above the 60.828 lower high and the 60.867 Asian high breaks the lower-high trendline and tests the 38.2% selloff fib
Musalem 11:30 UTC, then JOLTS and Consumer Confidence at 14:00 UTC, could materially shift this read
04:03 UTC
Downtrend, pausing in a tight Asian range · RSI 42 · price 60.535
Lower highs inside a 60.43–60.87 Asian range, lows holding near 60.50.
Monday's slide from 62.12 broke the $61.00 broken fib level. Oil-fed yield gains and a firm USD drove it, and NY rallies to the 61.80 ny high faded. Late Asia is compressing under a lower-high line inside the 60.43–60.87 range. Price is pressing the 60.50 session low, with RSI(14) near 42 and price below both EMAs.
Support: 60.504, 60.432, 60.00
Resistance: 60.867, 61.00, 61.803
What it said to watch
M15 close below the 60.432 asian low breaks the range and opens the 60.00 round number
Break of the lower-high line and a close above the 60.867 asian high would end the Asian compression
61.00 broken fib, near the 38.2% of the ny high-to-asian low drop, is the first overhead cap if price bounces
Musalem at 11:30 UTC, then JOLTS and Consumer Confidence at 14:00 UTC, could materially shift this read
03:47 UTC
Downtrend, pausing in Asia · RSI 48 · price 60.70
Tight Asian range 60.43–60.87 below Monday's lows, compressing.
Silver is holding a 60.43–60.87 Asian range after Monday's slide from 62.10, driven by 19-year-high yields and oil-fed hike bets. Lower highs from the asian high and higher lows near 60.59 are compressing into a pennant around 60.70. RSI(14) is neutral near 48, with price just under both EMAs ahead of London open.
Support: 60.59, 60.43, 60.00
Resistance: 60.87, 61.00
What it said to watch
M15 close below the 60.43 asian low resumes the downtrend and brings the 60.00 psych level into view
Close above the 60.87 asian high breaks the pennant and puts the 61.00 round number (Monday's London low area) back in play
Loss of the higher lows at 60.59 breaks the pennant floor
JOLTS at 14:00 UTC and Fedspeak (Williams 18:00, Waller 19:00 UTC) could materially shift this read
03:32 UTC
Downtrend, stalling in Asian range · RSI 54 · price 60.793
Compressing Asian range, rising lows under 60.867.
Monday's London and NY selloff took silver from 62.12 to a 60.61 close as oil-driven Fed-hike pricing lifted yields and USD. Asia extended to the 60.432 asian low, then compressed inside 60.432–60.867 with rising lows up to a 60.59 higher low. Price is mid-range, capped below the asian high and the 61.00 round number.
Support: 60.59, 60.432
Resistance: 60.867, 61.00
What it said to watch
M15 close above the 60.867 asian high breaks the Asia compression and exposes the 61.00 round number
Loss of the 60.59 higher low and the rising lows line reopens the 60.432 asian low
London open in ~4h typically resolves the Asian range
JOLTS and Consumer Confidence at 14:00 UTC, plus Waller at 19:00 UTC, could materially shift this read
03:17 UTC
Downtrend, pausing in Asian range · RSI 44 · price 60.658
Lower highs from Monday's 61.79 NY high; Tuesday Asia range 60.43–60.87 after a sweep of Monday's 60.605 low.
Monday's London and NY sessions took silver from 62.39 to 60.61 as oil-driven Fed-hike repricing lifted yields and the USD. Asia swept that low to the 60.432 asian low, buyers stepped in, and price now sits mid-range at 60.66 with RSI(14) near 44, pressing the descending trendline off Monday's 61.68 spike.
Support: 60.432, 60.00
Resistance: 60.867, 61.00
What it said to watch
Break of the 60.432 asian low reopens the 60.00 psych level flagged in technical commentary
M15 close above the 60.867 asian high breaks the descending trendline and exposes the 38.2% fib retrace near 60.91 and the 61.00 round number
London open in under 4h is the first test of the Asian range
JOLTS at 14:00 UTC and Williams/Waller Fedspeak later today could materially shift this read
03:04 UTC
Downtrend, pausing in Asia · RSI 43 · price 60.67
Lower highs from the NY high; tight Asia range 60.43–60.87 with higher lows.
Monday's NY selloff from the 61.80 session high ran into the close near 60.61, and early Asia extended it to a 60.432 Asia low as yield-driven USD strength kept silver offered. Since then price has rotated inside a 60.43–60.87 Asia range, printing higher lows at the 60.517 swing low with highs fading under the Asia high. Price sits mid-range below both EMAs, and RSI(14) is neutral at 43.
Support: 60.517, 60.432, 60.00
Resistance: 60.867, 60.956, 61.193
What it said to watch
A close below the 60.517 swing low breaks the Asia higher lows line and exposes the 60.432 Asia low, then 60.00 psych
A close above the 60.867 Asia high opens the fib 38.2 at 60.956 and the 61.193 lower high
London open in about 4h is the first test of the Asia range
JOLTS and Consumer Confidence at 14:00 UTC, plus Williams and Waller later, could materially shift this read
02:47 UTC
Downtrend, stalling in Asia · RSI 42 · price 60.646
Lower highs from 61.80; Asian range 60.43–60.87 with higher lows.
Monday's London/NY selloff printed a chain of lower highs from 61.80, with yields near multi-year highs keeping silver offered. Early Asia swept below Monday's 60.60 lows to a 60.43 session low, recovered, and has since rotated inside a 60.52–60.87 range on higher lows. Price is pinned near the 23.6% of the NY high–session low fib with RSI(14) at 42.
Support: 60.52, 60.43, 60.00
Resistance: 60.87, 61.00, 61.24
What it said to watch
M15 close above the 60.87 session high breaks the Asian range; the 61.00 round number and the 61.24 lower high sit above
Loss of the 60.52 range floor and the higher-lows line, then the 60.43 session low, reopens the path toward 60.00 psych
London open in ~4h is the first test of the Asian range
Fedspeak from 11:30 UTC and JOLTS at 14:00 UTC (f/c 7.23M) could materially shift this read
02:32 UTC
Downtrend, pausing in Asia · RSI 50 · price 60.777
Lower highs since 61.80; Asian range 60.43–60.87.
Silver is compressing inside a 60.43–60.87 Asian range after Monday's oil- and yield-driven slide from 62.58, with the descending trendline off the 61.80 NY rejection still capping near 60.93. Higher lows at 60.52 held three times in Asia with RSI(14) flat near 50. Price is sitting on EMA20, below EMA50.
Support: 60.52, 60.432, 60.00
Resistance: 60.867, 61.00, 61.243
What it said to watch
Break of the 60.432 asian low resumes the lower-low sequence toward the 60.00 round number
M15 close above the 60.867 asian high and 61.00 psych tests the descending trendline
Reclaiming the 61.243 lower high breaks the lower-high sequence
London open could resolve the Asian range; loss of the 60.52 higher lows exposes the range floor
Fedspeak from 11:30 UTC and JOLTS at 14:00 UTC could materially shift this read
02:04 UTC
Downtrend, pausing in Asia · RSI 46 · price 60.736
Lower highs from 61.80; Asian range 60.43–60.87 with higher lows.
Silver extended Monday's oil- and yield-driven slide into mid-Asia, sweeping under the 60.605 NY low to a 60.432 session low before settling into a 60.43–60.87 range. Higher lows near 60.52–60.54 sit under the descending trendline from the 61.68 spike, with price hugging EMA20 and RSI(14) neutral at 46.
Support: 60.54, 60.432, 60.00
Resistance: 60.867, 61.00, 61.193
What it said to watch
M15 close above the 60.87 Asia high and the descending trendline breaks the lower-high sequence, putting the 61.00 round number and the 38.2% fib near 60.96 in play
Close back above the 61.19 lower high would neutralise the NY-session downtrend read
Loss of the 60.54 higher low and the 60.432 session low resumes the downtrend toward the 60.00 psych level
London open in about 5h is the first test of the Asian range; Fed speakers from 11:30 UTC and JOLTS at 14:00 UTC could materially shift this read
01:47 UTC
Downtrend, early Asia bounce stalling · RSI 47 · price 60.748
Lower highs and lower lows since 61.80; Asian range 60.43–60.87 forming.
Monday's slide on firm yields and Fed hike pricing carried into Asia, where price dipped through the monday low at 60.605 to a session low of 60.432 and was bought back. Price is now pinned under EMA20 and the descending-highs line near 60.80. It sits at the 23.6% retracement of the 61.80–60.43 drop, below the 60.867 session high.
Support: 60.605, 60.432
Resistance: 60.867, 61.00
What it said to watch
M15 close below the 60.432 session low resumes the lower-low sequence
Close above the 60.867 session high and the descending-highs line breaks the lower-high chain, opening the 61.00 round number (near the 38.2% retracement)
Loss of the 60.605 monday low turns the Asia sweep into a failed recovery
Fed speakers from 11:30 UTC and JOLTS at 14:00 UTC could materially shift this read
01:32 UTC
Downtrend, pausing near lows in Asia · RSI 43 · price 60.687
Lower highs from 61.80; Asian session range 60.43–60.87 after a sweep below the prior low.
Monday's yield-driven slide made a string of lower highs from 61.80 and faded to the 60.605 prior low into the NY close. Asia swept that low to a 60.432 session low, then reclaimed it. Price is now chopping inside a 60.43–60.87 Asian range, below EMA20 and EMA50, with RSI(14) neutral at 43.
Support: 60.605, 60.432, 60.00
Resistance: 60.867, 61.00, 61.243
What it said to watch
M15 close above the 60.867 session high and the descending line from 61.68 exposes the 61.00 round number, where the 38.2% fib sits at 60.96
Acceptance back above 61.00 brings the 61.243 ny swing hi and the 50% fib at 61.12 into view
Failure to hold the 60.605 prior low, then the 60.432 session low, extends the lower-low sequence toward 60.00 psych
Fed speakers from 11:30 UTC and JOLTS at 14:00 UTC (f/c 7.23M) could materially shift this read
Lower highs from 61.80; Asia swept Monday low and bounced.
Monday's yield-driven selloff left a chain of lower highs off the 61.80 NY high, closing near 60.60. Early Asia swept that close to a 60.432 asian low and recovered into a tight 60.43–60.84 band below the asian high, under both EMAs.
Support: 60.432, 60.00
Resistance: 60.84, 61.243
What it said to watch
M15 close below the 60.432 asian low resumes the lower-low sequence toward the 60.00 round number
Close above the 60.84 asian high opens a test of the 61.243 lower high and the descending trendline
Fed speakers from 11:30 UTC and JOLTS at 14:00 UTC could materially shift this read
Reclaim of the fib 50% near 61.12 would break the lower-high structure
00:46 UTC
Downtrend, pausing near lows · RSI 42 · price 60.618
Lower highs from 61.80; Asian range 60.432–60.84 around prior low.
Silver extended Monday's yield-driven slide. NY spikes to 61.80 and 61.68 printed lower highs along a falling trendline before fading into the 60.605 prior low. Early Asia swept to a 60.432 session low and snapped back, but price is again pressing 60.605, below both EMAs with RSI(14) near 42.
Support: 60.605, 60.432, 60.00
Resistance: 60.84, 61.00, 61.20
What it said to watch
Close back under 60.605 prior low reopens the 60.432 session low, with 60.00 psych next below
Asian high at 60.84 caps the bounce; a close above it and the 38.2% fib near 60.91 turns focus to the 61.00 round number
The 61.20 breakdown shelf and lower-highs trendline define the downtrend; reclaiming both breaks the sequence
Fed speakers from 11:30 UTC and JOLTS at 14:00 UTC could materially shift this read via US yields
Lower highs from 61.80; Asia range 60.43–60.84 inside the downtrend.
Monday printed a sequence of lower highs from 61.80, with US 10y yields near the 19-year high and firm hike pricing weighing on silver. Early Asia swept Monday's 60.605 prior low to a 60.432 session low, then closed back above it. Price is holding just under the 60.84 session high, with RSI(14) near 44 and both EMAs overhead.
Support: 60.605, 60.432, 60.00
Resistance: 60.84, 60.94, 61.243
What it said to watch
A close back below the 60.605 prior low, followed by a break of the 60.432 session low, resumes the lower-low sequence; the 60.00 round number is the next reference below
A move through the 60.84 session high and the 60.94 broken base (near the 38.2% fib of the drop from 61.80) would mark the first higher high since Monday's NY session; the 61.24 lower high sits above
JOLTS and Consumer Confidence at 14:00 UTC, plus Fedspeak from 11:30 UTC, could materially shift this read
Lower highs at 61.80, 61.68 and 61.59 into a 60.605 low; tight Asian range now.
Monday's yield-driven slide printed a lower-high trendline off 61.80 and faded late in NY to the 60.605 monday low. The 60.94 prior floor from London hours was lost on that fade. Early Asia session is holding a narrow 60.686–60.84 range, having retraced only about 13% of the 61.80–60.605 fade, with RSI(14) near 37.
Support: 60.686, 60.605, 60.00
Resistance: 60.84, 60.94
What it said to watch
Failure to hold the 60.605 monday low extends the lower-low chain, with the 60.00 psych level the next round number
A close above the 60.84 asian high and the 60.94 prior floor brings the lower-high trendline near 61.10 into view
Fedspeak from 11:30 UTC and JOLTS/Consumer Confidence at 14:00 UTC could materially shift this read via US yields