Mon–Wed range broken lower Thursday; lower highs and lower lows since.
Silver opened the week at 54.25 and ranged 52.66–54.61 Monday to Wednesday. Tuesday's NY rally and Wednesday's post-FOMC spike to 54.61 were both fully faded. Thursday's London and NY sessions broke the 52.66 range floor as hot Q3 GDP and lower claims kept December hike bets intact, printing a week low at 51.94 with a lower high at 52.36, RSI(14) near 33 and price below both EMA(20) and EMA(50).
Support: 51.943, 50.00
Resistance: 52.357, 52.657, 52.96
What it said to watch
H1 close back above the 52.66 range floor would turn Thursday's break into a false break
Failure to hold the 51.94 week low extends the lower-low sequence, with the 50.00 round number next in focus
Close above the 52.36 lower high breaks the lower-highs trendline; the fib 38.2 retracement at 52.96 sits above
Fri ECI 12:30 GMT (f/c 0.8%) and Daly/Musalem 16:00–16:30 GMT could materially shift this read
Lower highs since Wednesday's FOMC spike; range floor broken Thursday.
Silver has printed lower highs since the 54.61 week high set on Wednesday's FOMC spike, which faded within the hour, and Thursday's Asia-session thu high at 54.37 failed below it. Thursday's 12:30 GMT US data, with a Q3 GDP beat and lower jobless claims, pushed price through the 52.66 range floor that had held Tuesday's London dip. The NY session then tagged a 51.96 week low, and price now sits below both EMA(20) and EMA(50). The slide has stalled near 52.00 into the close, with candles drifting above the Thursday lower-highs line and RSI(14) recovering into the high 30s from sub-30 readings.
Support: 51.96, 50.00
Resistance: 52.66, 53.07, 54.37
What it said to watch
Hourly close back above the 52.66 range floor would undercut the range-break read
Failure to hold the 51.96 week low extends the lower-low sequence, with the 50.00 round number the next marked level
Recovery through the 53.07 lower high and the 38.2% FOMC-high fib (~52.97) would be the first higher high since the 54.37 thu high
Fri ECI at 12:30 GMT, then Daly and Musalem, could materially shift this read
Range break lower Thursday; lower highs from 54.368, base forming near 51.96.
The week opened at 54.250 and held a 52.657–54.605 range through Wednesday: Tuesday's Asia-London dip to the tue low reversed in NY, and the post-FOMC spike to 54.605 marked the week high before failing. Thursday broke the range, with selling through Asia and London extended in NY after the Q3 GDP beat firmed December hike pricing, leaving a string of lower highs down to the 51.961 week low just under 52.000 psych. Price sits below EMA(20), which has rolled down to about 52.65 alongside the broken tue low, with RSI(14) near 35. A marginally higher RSI low on the retest of 51.96 hints at bullish divergence, while the late NY bounce high at 52.367 is pressing the lower-highs line.
Support: 52.00, 51.961
Resistance: 52.367, 52.657, 52.971
What it said to watch
Hourly close above the 52.367 bounce high and the Thursday lower-highs line opens a test of the tue low / EMA(20) near 52.657
Failure to hold the 51.961 week low and 52.000 psych extends the lower-low sequence
Reclaiming the fib 38.2 at 52.971 of the FOMC-high-to-week-low move would challenge the downtrend read
Fri ECI 12:30 GMT (f/c 0.8%), Chicago PMI 13:45 GMT and Daly/Musalem 16:00–16:30 GMT could materially shift this read
Mon–Wed range broken lower; lower highs and lower lows since Thursday.
Silver held a 52.66–54.60 range from Monday to Wednesday. The post-FOMC spike to the 54.60 week high was rejected, and Thursday's slide broke the range floor during London. The decline extended in the NY session after the Q3 GDP beat firmed December hike pricing, even with a softer USD. Price now sits below EMA(20) near 52.67 and EMA(50). The 51.96 week low is only a marginal lower low versus the 51.99 low from early NY, as RSI(14) lifts toward 38 and the range floor caps overhead alongside the 23.6% fib.
Support: 51.961, 50.00
Resistance: 52.66, 53.00, 54.605
What it said to watch
H1 close back above the 52.66 range floor and EMA(20) would put price back inside the Mon–Wed range and soften the downtrend read
Failure to hold the 51.96 week low extends the lower-low sequence, with the 50.00 psych level the next marked reference
38.2% fib near the 53.00 round number marks where a recovery would test the lower-high structure
Fri ECI 12:30 GMT (f/c 0.8%), Chicago PMI and Daly/Musalem remarks could materially shift this read
Lower highs and lower lows since Wed high 54.605, range floor broken.
From Sunday's 54.25 open, silver chopped in a 52.66–54.61 band through Wednesday, with the post-FOMC spike to the 54.605 week high fading straight back. The Thursday sell-off began in the Asia session and extended into NY after the GDP beat and sub-200K claims kept December hike bets alive, slicing through the 52.60 range floor and Tuesday's low to a week low at 51.961. Price sits below EMA(20) and EMA(50) with RSI(14) near 33, and each bounce since has been capped along a descending line of lower highs.
Support: 51.961, 51.50
Resistance: 52.60, 52.97, 53.505
What it said to watch
An H1 close back above the 52.60 range floor would mark a reclaim of the broken level
A break of the Thursday lower-highs line, now near 52.35–52.45, would be the first sign the sell-off is pausing, with the fib 38.2 at 52.97 and the 53.505 lower high above
Failure to hold the 51.961 week low extends the lower-low sequence toward the 51.50 round number
Fri ECI 12:30 GMT (f/c 0.8%), Chicago PMI 13:45 GMT and Daly/Musalem from 16:00 GMT could materially shift this read
Lower highs and lower lows since Wednesday's post-Fed spike; Tuesday low broken.
Wednesday's post-Fed spike to the 54.605 week high was rejected within the hour and faded through the Asia session. The slide extended in NY hours after the hot Q3 GDP and lower jobless claims, which fed December hike bets, and cut through the 52.657 tuesday low to a 51.983 week low. Price sits under EMA(20) and EMA(50) and below a falling trendline of Thursday's lower highs, with RSI(14) near 29 in oversold territory and ATR expanded to roughly 455 pips.
Support: 51.983
Resistance: 52.657, 53.073, 53.603
What it said to watch
H1 close back above the 52.657 tuesday low would turn the range break into a false break
Acceptance below the 51.983 week low keeps the psych 50 level in view
A break of the 53.073 lower high and the falling trendline would interrupt the lower-high sequence; the 61.8% fib of the post-Fed slide sits at 53.603
Fri ECI (12:30 GMT) and Fed's Daly/Musalem could materially shift this read, with oversold RSI leaving room for a sharp counter-move on a soft print
Lower highs and lower lows since Wednesday's post-FOMC spike.
Silver has printed a steady sequence of lower highs since the post-FOMC spike to 54.605 late Wednesday. Thursday's Asia and London sessions took out Tuesday's 52.66 low, and the US data cluster at 12:30 UTC marked the week low at 51.988 as resilient GDP and claims reinforced the hawkish-hold Fed read. The NY bounce met rejection at the falling EMA(20) near 52.75, and price now drifts just above the 52.28 pullback low with RSI(14) in the mid-30s, about 180 cents below the 54.25 weekly open.
Support: 52.279, 51.988
Resistance: 52.75, 53.00, 53.296
What it said to watch
H1 close above the ema20 (~52.75) and the lower highs trendline would break the sequence; the 53.00 round number and 38.2% of the post-FOMC drop sit just above
Failure to hold the 52.28 pullback low exposes the 51.988 week low and the 52.00 handle
Recovery through the Wed low at 53.30, also the 50% retrace of the post-FOMC drop, would neutralise Thursday's breakdown
Fri ECI 12:30 UTC, Chicago PMI 13:45 UTC and Daly/Musalem Fedspeak could materially shift this read
16:05 UTC
Downtrend, stretched near oversold · RSI 31 · price 52.477
Lower highs and lower lows since the Wednesday high; range floor broken.
Silver opened the week at 54.25 and held a 52.66–54.60 range through Wednesday, where the post-FOMC spike to 54.605 met rejection and closed back near 53.96. The hawkish-hold follow-through then printed a string of lower highs across Thursday's Asia and London sessions. It broke the Tuesday range floor at 52.657 and reached a 51.988 week low in the first hour of NY, after resilient US GDP and jobless claims data. Price sits below EMA(20) and EMA(50) with RSI(14) near 31; the rebound stalled under the old range floor and is holding just above the prior low at 52.314.
Support: 52.314, 51.988
Resistance: 52.657, 53.00
What it said to watch
H1 close back above the 52.657 range floor would suggest the break below it is failing
A push through the lower highs trendline and the 53.00 fib 38.2 of the FOMC high–low move would challenge the downtrend read
A break below 52.314 prior low and the 51.988 week low would extend the lower-low sequence
Fri ECI 12:30 UTC, Chicago PMI 13:45 UTC and Daly/Musalem from 16:00 UTC could materially shift this read
Lower highs from post-FOMC spike, range floor broken.
Silver has unwound Wednesday's 54.605 post-FOMC spike in a run of lower highs through today's Asia and London sessions, as the hawkish Fed hold kept December-hike pricing firm. Price broke the 52.657 Tuesday low and printed a 51.988 week low in the first hour of NY after the US data, with the soft GDP price index producing only a shallow bounce. Price trades below the ema20 near 52.95 and below EMA(50). RSI(14) is near 33, which is weak but short of oversold.
Support: 51.988
Resistance: 52.657, 52.95, 53.073
What it said to watch
An H1 close back above the 52.657 Tuesday low would flag a false break of the week's range floor, near the 23.6% retracement of the FOMC-high-to-week-low move
Rallies capped below the ema20 and the 53.073 lower high keep the lower-high trendline intact
Failure to hold the 51.988 week low extends the lower-low sequence
US ECI Fri 12:30 UTC and Fed's Daly/Musalem later Friday could materially shift this read
Lower highs and lower lows since FOMC; Mon–Wed range broken lower.
Wednesday's FOMC whipsaw printed the week high at 54.605. Since then silver has stepped down in a clean lower-high, lower-low sequence through Asia and London, breaking the 52.657 Tuesday low ahead of the 12:30 GMT PCE/GDP release and extending to a fresh week low of 52.299. Price sits well below EMA(20) near 53.05 with RSI(14) around 31, as the hawkish-hold Fed and the rotation into AI equities frame the slide. The Monday–Wednesday 52.66–54.60 range has given way, and the Tuesday low now sits overhead as the first reference.
Support: 52.299, 52.00
Resistance: 52.657, 53.05, 53.505
What it said to watch
An H1 close back above the 52.657 Tuesday low would turn the range break into a false break
Failure to hold the 52.299 week low leaves the 52.000 round number as the next reference
A recovery through EMA(20) near 53.05 and the 53.505 lower high would break the lower-highs trendline from Thursday's 54.368 high
PCE/GDP actuals are still pending in the feed; Friday's ECI at 12:30 GMT and remarks from Fed's Daly and Musalem could materially shift this read
Mon–Wed range lost; lower highs and lower lows through Thursday.
Silver held a 52.66–54.60 range from Monday through Wednesday. The post-FOMC spike to 54.605 was rejected late Wednesday, and Thursday's Asia-into-London slide broke the tuesday low at 52.657 as AI-capex risk-off flows and hawkish-hold Fed pricing hit the metal. Price now sits below EMA(20) near 53.12, with lower highs stepping down from the 54.37 Asia high to 53.07 and RSI(14) near 31 approaching oversold, while the week low at 52.331 is the immediate reference.
Support: 52.331, 52.00
Resistance: 52.657, 53.12, 53.47
What it said to watch
US core PCE, Q3 GDP and jobless claims at 12:30 GMT could materially shift this read
An H1 close back above the tuesday low at 52.657 would turn Thursday's break into a false break
Failure to hold the week low at 52.331 extends the lower-low sequence toward the 52.00 round number
A recovery through the ema20 and the 50% fib of the Wed–Thu decline near 53.47 would break the lower highs trendline
11:05 UTC
Downtrend, fresh week low with a shallow bounce · RSI 37 · price 52.949
Lower highs since the post-Fed spike; Tuesday's prior low broken, then reclaimed.
From Monday's 54.25 open the week chopped two-way, including Tuesday's NY rally off 52.657. Supply then capped the post-Fed spike at the 54.605 week high, and Thursday's Asia session and London open printed steady lower highs into a 52.477 week low, tested twice in London, below Tuesday's 52.657 prior low as the Fed hold kept December-hike pricing intact. The bounce is stalling near the 53.00 round number, which matches the 23.6% retracement of the Fed high to week low decline, with price below EMA(20) and EMA(50) and RSI(14) in the mid-30s.
Support: 52.657, 52.477
Resistance: 53.00, 53.505, 54.605
What it said to watch
US GDP and core PCE at 12:30 GMT today could materially shift this read
H1 close below the 52.477 week low extends the lower-low sequence
Loss of the 52.657 prior low reopens the week low
Reclaim of the 53.505 lower high, near the 50% fib, breaks Thursday's lower-high sequence
Wednesday's post-Fed spike to 54.605 was rejected inside two bars. Thursday's Asia-to-London selloff then broke the Tuesday low at 52.657 and printed a week low at 52.477, as the hawkish Fed hold kept December-hike pricing intact. Price is well below EMA(20) near 53.26 with RSI(14) around 29 in oversold territory, lower highs since the Asian session have capped every bounce beneath the 53.00 round number, and the fib 50 of the Fed-high-to-week-low drop sits at 53.54.
Support: 52.657, 52.477
Resistance: 53.00, 53.26, 53.54
What it said to watch
US GDP/Core PCE at 12:30 UTC (~2.5h) could materially shift this read
H1 close below the 52.477 week low extends the lower-low sequence
Sustained hold back above the 52.657 tuesday low with a break of the lower highs line points to a short-covering bounce
Recovery through the 53.00 round number and ema20 near 53.26 neutralises the Thursday leg; fib 50 at 53.54 is the next cap
Lower highs from 54.605 week high; Tuesday low swept, price back above it.
Silver opened the week at 54.25 and has failed twice near the week high. Tuesday's NY rally stalled at 54.538, and the post-Fed whipsaw was rejected at 54.605 after a steady but hawkish-leaning hold. That hold fed an Asia-session slide through the 53.00 round number along a run of lower highs, and London extended it to a fresh yearly low at 52.477. Price has since recovered back above the 52.657 Tuesday low. It holds well below EMA(20) near 53.32, while RSI(14) around 39 sits above its Tuesday trough, a tentative bullish divergence against the lower price low.
Support: 52.657, 52.477
Resistance: 53.00, 53.32, 54.605
What it said to watch
H1 closes back below the 52.657 tuesday low and through the 52.477 yearly low would confirm the lower-low and void the sweep read
Recovery above the 53.00 round number breaks the Asia lower highs line; reclaiming the ema20 near 53.32 would ease the downside structure
US core PCE, Q3 GDP and jobless claims at 12:30 GMT (~4h) could materially shift this read
A move back toward the 54.605 week high would test the zone that capped both Tuesday and post-Fed
08:06 UTC
Downtrend, fresh week low in Asia · RSI 38 · price 52.727
Broke below 53.00–54.60 weekly range; lower high since FOMC.
Silver opened the week at 54.25 and spent Monday through Wednesday inside a 53.00–54.60 range. Tuesday's Asia dip to 52.66 was reversed in NY, and the post-FOMC spike to the 54.605 week high was rejected within the hour as the hawkish-tilt hold kept metals offered. Today's Asia session set a lower high at 54.37, then sold through the prior lows at 53.00 to a fresh week low at 52.59, with price below EMA(20) and EMA(50) and RSI(14) near 37, not yet oversold.
Support: 52.591, 52.50
Resistance: 53.00, 53.36, 54.368
What it said to watch
H1 close back above the 53.00 prior lows would mirror Tuesday's false break and return price to the range
Failure to hold the 52.59 week low extends the lower-low sequence, with the 52.50 round number next below
Reclaiming the 53.36 38.2% fib of the FOMC-to-low drop shifts focus back to the 54.37 lower high on the lower-highs trendline
US core PCE and Q3 GDP at 12:30 GMT could materially shift this read
07:06 UTC
Downtrend, range floor broken · RSI 36 · price 52.816
Lower highs since the FOMC, 53.00 range floor lost in Asia.
Silver opened the week at 54.25 and spent Monday through Wednesday rotating in a 53.00–54.60 range. The post-FOMC spike to the 54.605 week high was rejected, as the Fed's hawkish hold kept the metal offered, and the post-FOMC drop has since printed lower highs at 54.37 and 53.505. During the Asia session today price broke the 53.00 range floor and probed a new week low at 52.591, just under Tuesday's 52.657, with price below EMA(20) and EMA(50) and RSI(14) near 36.
Support: 52.591, 52.00
Resistance: 53.00, 53.505, 54.605
What it said to watch
H1 close back above the 53.00 range floor would turn the Asia break into a false break
Close below the 52.591 week low extends the lower-low sequence toward the 52.00 round number
Reclaim of the 53.505 lower high would ease pressure; the lower highs trendline from the week high sits near 54.0
US Core PCE and Q3 GDP at 12:30 UTC (~5h) could materially shift this read
06:06 UTC
Range, downside pressure building · RSI 40 · price 52.834
Lower highs off the 54.605 post-Fed peak, pressing the week low.
Silver opened the week at 54.25 and has held a 52.66–54.60 range. Tuesday's late-Asia flush to the 52.657 ytd low was fully reclaimed in NY, and the post-Fed spike to the 54.605 week high met rejection as the hawkish hold and firm oil kept rallies offered. Thursday's Asia session printed a run of lower highs back to the 52.734 asia low, with price below ema20 near 53.45 and the EMA(50), and RSI(14) around 40, not yet oversold.
Support: 52.734, 52.657
Resistance: 53.45, 53.89, 54.605
What it said to watch
H1 close below the 52.657 ytd low breaks the week's range floor
Recovery above ema20 near 53.45 and the lower-highs trendline would weaken the Asia selloff read
US Core PCE and GDP at 12:30 UTC (~6.5h) could materially shift this read; a soft print could lift price toward the 61.8% fib at 53.89
A renewed rejection below the 54.605 week high keeps the range top intact
Silver has rotated inside a 52.66–54.61 band all week. Tuesday's Asia-to-London slide set the 52.657 week low before a NY recovery, and the post-Fed spike to the 54.605 week high met rejection after the hawkish-leaning hold. That fade ran through today's Asia session to a 52.987 asia low, leaving lower highs at 54.61 and 54.37. Price sits below EMA(20) near 53.62, under the weekly open at 54.25 and back beneath the 61.8% retracement of the week's 52.66–54.61 advance, with RSI(14) near 44 rather than at an extreme.
Support: 52.987, 52.657
Resistance: 53.62, 54.25, 54.605
What it said to watch
Hourly close below the 52.987 asia low exposes the 52.657 week low and breaks the higher-lows line
Recovery above the 61.8% at 53.40 and ema20 near 53.62 reopens the weekly open at 54.25
Close above the 54.605 week high breaks the lower-highs sequence and the range cap
US GDP and core PCE at 12:30 GMT (~8h) could materially shift this read
04:05 UTC
Range-bound, sliding to lower half after Fed · RSI 40 · price 53.168
52.66–54.60 weekly range; lower highs since Wednesday's post-Fed spike.
Silver has traded a wide 52.66–54.60 range since Monday's 54.25 weekly open. Tuesday's NY rally off the 52.657 week low ran into Wednesday's post-Fed spike to the 54.605 week high, a false break above Tuesday's 54.54 top that met rejection. Since the hawkish-leaning Fed hold, a lower-highs sequence has pushed price through ema20 near 53.68 to a 52.987 asia low. That puts it near the 78.6% retrace of the Tue–Wed rally, with RSI(14) near 40 and hourly ranges expanding.
Support: 52.987, 52.657
Resistance: 53.68, 54.25, 54.605
What it said to watch
Hourly close below the 52.987 asia low exposes the 52.657 week low, also the YTD low
Recovery above ema20 near 53.68 and the post-Fed lower-highs line would neutralise the Thursday slide
US core PCE, Q3 GDP and jobless claims at 12:30 GMT (~8.5h) could materially shift this read
Acceptance back above the 54.25 weekly open and 54.605 week high would break the range top
03:06 UTC
Range inside broader downtrend, lower high forming · RSI 43 · price 53.518
53.00–54.60 range; post-FOMC lower high at 54.37.
Tuesday's NY-session rebound from the 52.66 week low stalled at 54.54. The FOMC presser spike to the 54.60 week high faded back as oil-driven hike fears kept the dollar supported. Price now sits below EMA(20) near 53.76 and the 54.25 weekly open, between the 50% and 61.8% retracement of the Tuesday rebound, with RSI(14) near 43 and wide Asia session swings carving a lower high at 54.37.
Support: 53.12, 53.00, 52.66
Resistance: 53.76, 54.25, 54.60
What it said to watch
Hourly close below the 53.12 asia low and the 53.00 round number exposes the 52.66 week low
Recovery above EMA(20) and the 54.25 weekly open would break the lower-highs line from the 54.60 week high
Thu 12:30 GMT core PCE and Q3 GDP could materially shift this read
53.30–54.60 range since Tuesday NY, post-FOMC lower high.
Silver has rotated inside a 53.30–54.60 range since Tuesday's London-to-NY rebound off the 52.66 week low. The 54.60 week high has capped three attempts, the last a rejection during the FOMC presser, where the in-line Fed hold produced a whipsaw that left the 53.30 FOMC low. Asia session has retested that low and printed a lower high below the 54.25 weekly open, leaving price around the 50% fib of Tuesday's rebound and pinned between EMA(20) and EMA(50) near 53.84–53.88, with RSI(14) flat near 50.
Support: 53.30, 53.00, 52.657
Resistance: 54.25, 54.605, 55.00
What it said to watch
H1 close below the 53.30 fomc low, near the 61.8% fib of Tuesday's rebound, exposes the 53.00 round number and the 52.66 week low
Acceptance above the 54.25 weekly open and the post-FOMC highs line reopens the 54.60 week high, with 55.00 psych above it
Thu 12:30 GMT core PCE (f/c 0.3% m/m, 3.1% y/y) and Q3 GDP (f/c 3.2%) could materially shift this range read
53.00–54.60 range; Tuesday false break below, post-FOMC rejection at top.
Silver has chopped in a 53.00–54.60 range since Friday. Tuesday's London-session false break to the 52.66 week low reversed into a rally to 54.54 by the London-NY transition. The post-FOMC spike to the 54.60 week high was rejected at the range top. Asia trade has since slid back below EMA(20) to test the 53.30 FOMC low, near the 50% level of the Tuesday rally fib. RSI(14) sits mid-40s, neutral rather than oversold on this timeframe.
Support: 53.295, 53.00, 52.657
Resistance: 53.78, 54.25, 54.605
What it said to watch
H1 close below the 53.30 FOMC low exposes the 53.00 round number
Break of the 52.66 week low invalidates the false-break read and resumes the lower-low sequence
Reclaim of EMA(20) near 53.78 and the 54.25 weekly open would return price to mid-range
H1 close above the 54.60 week high breaks the range top
Core PCE / Q3 GDP Thu 12:30 GMT could materially shift this read
00:06 UTC
Range-bound inside a broader decline, two-way after FOMC · RSI 51 · price 53.918
53.00–54.60 range; Tuesday false break below the floor reclaimed.
Silver has traded a 53.00–54.60 range since Friday. Tuesday's pre-London break to the 52.657 week low was fully reclaimed by the NY session, but the move stalled below the 54.25 weekly open and the 54.60 zone. The Fed hold produced a whipsaw from 53.30 to the 54.605 FOMC high before price settled near 53.90, with the 53.47 Wed low the nearest floor. RSI(14) is flat near 51, and price sits on converged EMA(20) and EMA(50) near 53.88–53.91, a balanced read with H1 ATR elevated near 430 pips.
Support: 53.47, 53.00, 52.657
Resistance: 54.25, 54.605
What it said to watch
Thu 12:30 GMT core PCE (f/c 0.3% m/m, 3.1% y/y) and Q3 GDP could materially shift this read
H1 close above the 54.605 FOMC high breaks the range top that has capped this week's rebounds
Failure to hold the 53.47 Wed low exposes the 53.00 range floor; acceptance below it puts the 52.657 week low back in play
Repeated rejection at the 54.25 weekly open would extend the lower-highs read inside the range