Silver has ground higher off Thursday's stagflationary GDP/price-index mix, reclaiming the $58.00 pivot and pushing to a week high near 59.30 during the NY session. Price holds above EMA20 and EMA50 with RSI(14) around 63, though the last handful of bars have flattened into thin Asia-hours trade just under 59.10. The $59.30 area has capped the latest advance and is the near-term line to watch.
Support: 58.00, 57.25
Resistance: 59.30, 60.00
What it said to watch
H1 close above 59.30 opens the path toward the 60.00 round number
Loss of 58.00 pivot exposes the 57.25 swing low
Fri UoM inflation expectations (14:00 UTC) could reprice Fed-hike bets and shift this read
Higher highs and higher lows, consolidating at week top.
Silver reclaimed the $58.00 pivot that had capped rallies earlier this week and pushed to a fresh week high at 59.29 through the NY session before stalling. Price is now coiling in a tight 59.00-59.10 band with RSI(14) around 64, holding above both EMAs after the recovery off the 57.03 swing low. The 21-day area near $58 has flipped from resistance to the nearest structural floor while momentum flattens.
Support: 58.00, 57.23
Resistance: 59.29
What it said to watch
H1 close back below the 58.00 pivot would negate the breakout and reopen 57.23
Sustained move above 59.29 week high opens the $60 round number
UoM inflation expectations Fri 14:00 UTC could reprice yields and shift this read
Silver has ground higher off Thursday's $56.73 low, reclaiming the $58.00 pivot / 21-day SMA that capped rallies earlier in the week and tagging a fresh week high at $59.30 in the latest session. The advance rode the softer-dollar lean after Wednesday's hawkish Fed hold and stagflationary GDP/PCE mix, with price holding above EMA20 and EMA50. The last bar rejected $59.30 and pulled back to $58.98, leaving RSI mid-60s without pushing to extremes.
Support: 58.00
Resistance: 59.30
What it said to watch
H1 close back below 58.00 breaks the rising trendline and the reclaimed pivot
Failure to clear 59.30 keeps the week high as resistance
Fri UoM inflation expectations at 14:00 UTC could reprice Fed-hike bets and shift this read
22:03 UTC
Uptrend, stretched into resistance · RSI 69 · price 58.975
Higher highs, breakout above $58 cap.
Silver has ground higher through the NY session, clearing the $58 pivot that had capped rallies earlier in the week and pushing to a session high of 59.30. Price sits well above EMA20 and EMA50 with RSI(14) near 69, and the final bar closed off its high — a wick back to 58.98 after tagging 59.30. The move fits the chart despite the digest's cautious tone; the $58 zone that rejected prior attempts has now flipped to a reference below.
Support: 58.00, 57.03
Resistance: 59.297
What it said to watch
H1 close back below 58.00 negates the breakout and re-opens 57.03
Failure to reclaim 59.30 keeps the session high as the cap
UoM inflation expectations Fri 14:00 UTC can move yields and shift this read
Silver has clawed back from the $56.6 base carved mid-week, stacking higher lows through the NY session and pushing back above the $58 handle where the 21-day cap sits. The bounce follows a hawkish Fed hold that had knocked XAG off the $60 area, but softer PCE and GDP have taken some steam out of the yield spike. Price now presses the $59.30 session high after tagging 59.297, with RSI(14) mid-60s and holding above both EMAs.
Support: 58.30
Resistance: 59.30, 60.07
What it said to watch
H1 close above 59.30 opens the path back toward the 60.07 week high
Failure to hold 58.30 breaks the rising higher-low sequence
Fri ECI and UoM inflation expectations could re-arm the yield-driven downside
Higher lows off Thursday's base, capped near 59.30.
Silver has clawed back from the 56.60-56.75 base carved out mid-week to trade near 59.00, reclaiming both EMA(20) and EMA(50) through the NY session with RSI(14) pushing into the low 60s. The 59.30 session high just rejected the latest push, leaving price a touch below it after the Fed's hawkish hold and firmer yields kept the broader $55-$62 range intact. Higher lows since Thursday remain the dominant structure while 60.07, the week high, still caps.
Support: 58.10
Resistance: 59.30, 60.07
What it said to watch
H1 close above 59.30 opens the path back toward the 60.07 week high
Loss of 58.10 breaks the higher-low sequence off Thursday's base
Fri ECI (12:30 UTC) and UoM inflation expectations could shift yields and this read
20:03 UTC
Uptrend, recovery leg extended · RSI 71 · price 59.189
Higher highs and higher lows off Wednesday low.
Silver has climbed steadily since Wednesday's ~56.64 low, running through the NY session into 59.19 and reclaiming ground above both EMA20 and EMA50 after the hawkish Fed hold knocked it back from $60 earlier in the week. RSI is elevated near 70 as the metal presses the 59.24 session high. Soft PCE and GDP misses have taken the edge off the yield-driven cap that pressured price toward the $57 area mid-week.
Support: 58.42, 57.72
Resistance: 59.24, 60.07
What it said to watch
H1 close above 59.24 opens the path back to the 60.07 week high
Failure to hold the 58.42 breakout retest reopens 57.72
Fri ECI + UoM inflation expectations (14:00 UTC) could reignite the yield headwind
20:02 UTC
Uptrend, extending into the close · RSI 67 · price 59.189
Higher highs and higher lows off the mid-week low.
Silver has ground higher in a steady stair-step since the dip near 57.00, with each pullback holding above rising EMA(20) and RSI(14) pushing into the mid-60s through the NY session. The recovery unwinds the hawkish-hold slide that knocked XAG below 58 earlier in the week; the 59.24 swing high is the immediate cap, with the 60.07 week high beyond it. Demand has stepped in repeatedly around 57.70-58.05 on the way up.
Support: 58.05, 57.70
Resistance: 59.24, 60.07
What it said to watch
H1 close above 59.24 opens the path back to the 60.07 week high
Loss of 58.05 breaks the run of higher lows and threatens the EMA20
Fri US ECI, Chicago PMI and UoM inflation expectations (12:30-14:00 UTC) could shift yields and this read
19:03 UTC
Recovery off week low, momentum building · RSI 66 · price 58.83
Higher highs and higher lows since Tuesday base.
Silver has clawed back from the 56.80 base built midweek to 58.83, grinding higher through the last two sessions after fading from the $60 spike early in the week. The recovery sits above EMA(20) and EMA(50) with RSI(14) around 66, though the metal remains capped below the 59.10 prior high where earlier attempts stalled. The broader driver is the hawkish Fed hold and surging long-end yields, which faded the metal off $60, but soft PCE and GDP data have let dips find demand back toward $58.
Support: 58.50, 56.80
Resistance: 59.10, 60.07
What it said to watch
H1 close above 59.10 opens the path toward the 60.07 week high
Failure to hold 58.50 threatens the higher-low sequence off the swing low
Fri UoM inflation expectations (14:00 UTC) could reprice yields and shift this read
19:03 UTC
Recovery, momentum firming · RSI 65 · price 58.83
Higher lows off week base.
Silver has ground higher off Thursday's $56.74 base, reclaiming the $58.10 consolidation shelf and pushing into the $58.97 session high through the NY session. Price sits above both EMA(20) and EMA(50) with RSI(14) cycling into the low-60s as the metal retraces the earlier fade from $60 after the hawkish Fed hold. Softer US GDP and cooler core PCE have taken some pressure off the yield-driven selloff, but $55-$62 remains the dominant weekly frame.
Support: 58.10, 57.60, 56.74
Resistance: 58.97, 59.24, 60.07
What it said to watch
H1 close above 58.97 opens the path to 59.24 and 60.07
Failure to hold 58.10 reopens the 57.60 higher low
UoM inflation expectations Fri 14:00 UTC could revive yield-driven pressure and shift this read
18:03 UTC
Uptrend, near-term recovery within range · RSI 65 · price 58.771
Higher highs and higher lows off the week's floor.
Silver has recovered off the week's 56.79 floor through the NY session, printing a steady sequence of higher lows to trade back at 58.77 and holding above both EMA(20) and EMA(50). The bounce came despite firmer Treasury yields after Wednesday's hawkish Fed hold, with benign core PCE and a soft GDP print offering a modest USD offset. Momentum is constructive with RSI(14) around 64, but the 58.94 prior high has yet to give way and the broader $55–62 range still frames the picture.
Support: 58.00, 57.00, 56.79
Resistance: 58.94, 59.10, 60.07
What it said to watch
H1 close above 58.94 opens the path to 59.10 and the 60.07 week high
Failure to hold 58.00 unwinds the recovery back toward 57.00
Fri ECI / Michigan inflation expectations could shift the yield read and this move
18:02 UTC
Recovering within range · RSI 63 · price 58.771
Higher lows off week floor, testing range mid.
Silver has carved a rounded base off the 56.74 week low and pushed back to 58.77 through the NY session, holding above EMA(20) with RSI(14) around 63. The recovery comes despite a hawkish Fed hold and firmer long-end yields — the $55–$62 weekly range still frames the picture, and price is now probing the 58.94 session high after benign core PCE. Prior-range shelf near 58.08 has capped supply on the way up and is the first reference below.
Support: 58.08, 57.10, 56.74
Resistance: 58.94, 59.24, 60.07
What it said to watch
H1 close above 58.94 opens the path toward 59.24 then 60.07
Failure to hold 58.08 puts the mid-range back in play toward 57.10
Fri UoM inflation expectations / Mon ISM could shift the yield-driven read
17:04 UTC
Recovery, momentum building · RSI 65 · price 58.696
Higher lows off week low, testing supply.
Silver has recovered off Wednesday's 56.74 low, grinding higher through the NY session to test 58.94 while holding above EMA(20). The break above the 58.10 base extended the leg, with RSI(14) climbing into the low-60s. Price now sits in the $58–60 zone the range digest flags as supply, with the broader $55–62 range still framing the read.
Support: 58.00, 57.72
Resistance: 58.94, 59.24, 60.00
What it said to watch
H1 close above 59.24 clears this week's swing high and opens the 60.00 range interior
Loss of 58.00 breaks the rising higher-low sequence and exposes the 57.72 swing low
Fri ECI / Michigan inflation expectations could shift the yield-driven read
17:04 UTC
Recovering off week lows, momentum building · RSI 64 · price 58.696
Higher lows since Wednesday, reclaiming mid-range.
Silver has climbed steadily through the NY session, reclaiming 58.00 and pushing to a session high near 58.94 after basing around the 56.64 week low. The recovery came despite a hawkish Fed hold and firmer yields; buyers have defended each dip to build a sequence of higher lows since Wednesday. Resistance at 58.94 capped the latest push, with the broader 55–62 range still framing price.
Support: 58.05, 57.59, 56.64
Resistance: 58.94, 59.24
What it said to watch
H1 close above 58.94 opens the path toward the 59.24 swing high
Loss of 57.59 higher low would break the recovery structure
Fri US data (ECI, Michigan inflation expectations) could shift the yield-driven read
Silver has clawed back from the $56.74 week low carved out Thursday, grinding higher through the NY session with RSI(14) cycling up from oversold toward 63. The pair reclaimed the $58 round level and printed a fresh recovery high at $58.69, though the digest's $58–60 supply zone and the $59 prior high remain untested overhead. This sits within the broader $55–62 range the market is respecting, with the Fed hold and firmer yields still the macro headwind.
Support: 57.70, 56.74
Resistance: 59.00, 60.00
What it said to watch
H1 close above 59.0 prior high opens the path to the 60.0 psych level
Failure to hold 57.7 swing low reopens the 56.74 week low
Fri ECI / Michigan inflation expectations could shift yields and this read
16:03 UTC
Recovery off the base, momentum up · RSI 61 · price 58.689
Higher lows since yesterday within weekly range.
Silver has carved a base near 56.70 and worked back up to 58.69 through the NY session, building a run of higher lows off yesterday's lows. Price sits above both EMA(20) and EMA(50) with RSI(14) cycling in the 60s, but the 58.65–59.10 supply band that capped earlier this week is back in focus. The recovery comes against a hawkish Fed-hold backdrop and firmer long-end yields, which have kept the metal pinned inside the broad weekly range.
Support: 58.00, 57.10, 56.70
Resistance: 59.10, 60.00
What it said to watch
H1 close above 59.10 opens the 60.00 psych level and the range cap
Failure to hold 58.00 undermines the recovery read
Loss of 57.10 reopens the 56.70 base
Fri ECI / Michigan inflation expectations could shift the yield-driven read
Silver based twice near 56.65 through midweek and has ground back to 58.31, holding above EMA20 and EMA50 into the NY session. The recovery follows the hawkish Fed hold and firmer yields that capped rallies earlier — dips have been bought sub-57 while supply repeatedly caps into 58.65. RSI(14) has cycled up to the high-50s, tracking the rising sequence of higher lows.
Support: 57.70, 56.65
Resistance: 58.65, 59.10
What it said to watch
H1 close above 58.65 opens the path back to 59.10
Failure to hold 57.70 negates the higher-low sequence
Fri US data (ECI, Michigan inflation expectations) could shift the yield-driven read
Silver has climbed off Tuesday's 56.64 base back through 58 into the NY session, printing higher lows and holding above EMA(20). The bounce comes despite a hawkish Fed hold and firmer long-end yields that capped the prior push toward 60. Resistance at 58.61 has capped this session's advance, with the metal still boxed inside the broader $55–62 range.
Support: 57.70, 57.05, 56.64
Resistance: 58.61, 59.10
What it said to watch
H1 close above 58.61 opens the path toward the 59.10 prior high and weekly open
Failure to hold 57.70 confirms a lower low back toward the 57.05 week low
Fri US ECI / Michigan inflation expectations could shift yields and this read
Silver spent the week grinding lower from Monday's push toward 60 as the hawkish Fed hold and firmer long-end yields capped the non-yielder, printing a double base near 56.65-56.74. Price has since recovered back above EMA20 and EMA50 with RSI(14) cycling up to the low 60s, now pressing the 58.65 intraday high that capped the last attempt. Recovery holds while the higher-low sequence off the base stays intact.
Support: 58.00, 57.24, 56.74
Resistance: 58.65, 59.10, 60.07
What it said to watch
H1 close above 58.65 opens 59.10 then the 60.07 week high
Failure to hold 58.0 exposes the 57.24 swing low
Close below 56.74 week low confirms a lower-low toward 55
Fri ECI / Michigan inflation expectations could reprice yields and shift this read
14:03 UTC
Near-term recovery within weekly range · RSI 64 · price 58.576
Higher lows off Wednesday's base, reclaiming EMAs.
Silver has clawed back from Wednesday's ~56.64 base, printing higher lows through the NY session and reclaiming both H1 EMAs into 58.58. The bounce comes despite a hawkish Fed hold and firmer yields, helped by soft Core PCE; the metal stays boxed within the broader $55–$62 weekly range. RSI(14) has cycled up toward 64 as the recovery leg extended.
Support: 57.90, 57.03, 56.64
Resistance: 59.10, 60.07
What it said to watch
Sustained hold above 57.90 (ema20) keeps the higher-low sequence intact; loss of it re-exposes 57.03
H1 close above 59.10 (swing high) opens the path back toward 60.07 week high
Fri UoM inflation expectations / ECI could shift yields and this read
Silver has clawed back toward the $58.00 pivot after basing twice near $56.70 this week, the low struck as the hawkish FOMC hold and surging long-end yields flushed non-yielding metals. The sharp $59.24 spike and reversal to $57.05 marked the post-Fed volatility; price has since recovered about 40% of that drop and now holds above EMA20 and EMA50. Resistance at $58.30 has capped the bounce, keeping the metal inside its broader weekly consolidation.
Support: 57.05, 56.70, 58.00
Resistance: 58.30, 59.10
What it said to watch
H1 close above 58.30 opens the path back to the 59.10 swing
Failure to hold 57.05 reopens the 56.70 week low
Core PCE / GDP just released — reaction in yields is the primary driver into the next bars
Silver spent the week grinding lower from Monday's ~59.8 open, printing a base around 56.6-56.7 before demand stepped in twice to build a double bottom into the NY session. Price has since reclaimed the 58.00 pivot and now sits at 57.93 above a rising EMA20, with RSI cycling back to mid-range against the earlier lows. The hawkish-hold FOMC and surging long-end yields remain the backdrop capping rallies toward $60.
Support: 57.10, 56.70
Resistance: 58.30, 58.65
What it said to watch
Core PCE / advance GDP just released — a hot print reinforces the yield-driven downside toward 57.10
H1 close above 58.30 opens the 58.65 session high
Failure to hold 57.10 re-exposes the 56.70 swing low
12:03 UTC
Downtrend, recovering off lows · RSI 54 · price 58.098
Double bottom base, bouncing into EMAs.
Silver gapped down to open the week and faded through midweek as surging yields and a hawkish Fed hold weighed on the non-yielder, printing a double bottom around 56.70. Price has since recovered above EMA(20), reclaiming the mid-57s and pressing 58.10 with RSI(14) back near neutral. Overhead supply at 58.30 caps the bounce so far, with the 59.10 spike high the next reference above.
Support: 57.05, 56.70
Resistance: 58.30, 59.10
What it said to watch
Core PCE at 12:30 UTC could materially shift this read
H1 close above 58.30 opens the path to 59.10
Failure to hold 57.05 re-exposes the 56.70 double bottom
12:03 UTC
Recovery off midweek lows, momentum building · RSI 61 · price 58.098
Double bottom near 56.70, higher lows into 58s.
Silver has clawed back from the midweek base near 56.70 — tested repeatedly this week — into the mid-58s, reclaiming EMA(20) with RSI(14) recovering through 60. The rebound follows a yield-driven fade after the hawkish Fed hold, but the recent sequence of higher lows shows demand stepping in below 57.00. Price now presses the 58.65 prior high that capped the post-Fed spike.
Support: 57.60, 56.70
Resistance: 58.65, 59.10
What it said to watch
Core PCE at 12:30 UTC (imminent) could materially shift this read
H1 close above 58.65 opens the path to the 59.10 spike high
Loss of 57.60 would negate the higher-low sequence
Silver slid from Monday's post-gap high near 60.07 to a 56.63 week low, then carved a double bottom and has recovered into the mid-58s, reclaiming EMA20. A prior spike to 59.10 was firmly rejected earlier, capping the upside, while RSI has cycled back through 50 as buyers stepped in around the 57.00 psych area. Core PCE and Q2 GDP land at 12:30 UTC — the dominant near-term driver for yields and this metal.
Support: 57.00, 56.63
Resistance: 58.30, 59.10, 60.07
What it said to watch
Core PCE / GDP at 12:30 UTC could materially shift this read
H1 close above 58.30 swing high opens the path to the 59.10 rejection
Failure to hold 57.00 psych exposes the 56.63 week low
11:03 UTC
Corrective bounce within week range · RSI 55 · price 58.021
Double bottom off 56.70, retesting 58.00 pivot.
Silver clawed back from the mid-$56s and is pressing the $58.00 pivot after a sharp rejection from the $59.10 spike earlier in the session. Twin lows near 56.70 held to form a double bottom, with RSI(14) recovering off its lows as yields drove the earlier fade. Prior high at 58.30 caps the near-term recovery into the US Core PCE release.
Support: 58.00, 57.00, 56.70
Resistance: 58.30, 59.10
What it said to watch
US Core PCE at 12:30 UTC (~90 min out) could materially shift this read
H1 close above 58.30 opens the path toward the 59.10 rejection area
Failure to hold 57.00 re-exposes the 56.70 week low
Silver has churned inside a 57-58 band all week after Monday's spike toward 60 faded and a mid-week slide bottomed near 56.70. Wednesday's session produced a sharp false break to 59.24 that was fully unwound within the hour, and price has since reclaimed the EMA20 with RSI cycling around the midline near 52. Post-Fed (hawkish hold, three dissents) the metal is consolidating, awaiting the US GDP/core-PCE cluster.
Support: 57.03, 56.70
Resistance: 58.30, 59.10
What it said to watch
US GDP + Core PCE at 12:30 UTC (~2.5h) is the near-term swing factor
Silver opened the week near 59.90 Monday then bled lower to a 56.64 base by midweek, and has since chopped in a 57-58.3 band around the FOMC hold. The Fed's hawkish-tilted pause and softer Dollar have produced two-sided trade rather than a trend; price is back above EMA(20) after buyers defended 57.03, but the metal has repeatedly failed the 58.3 shelf. RSI(14) is mid-range near 53, matching the directionless read.
Support: 57.03, 56.64, 55.00
Resistance: 58.30, 59.10
What it said to watch
Core PCE / Q2 GDP at 12:30 UTC could materially shift this read
H1 close above 58.30 reopens the 59.10 spike high
Loss of 57.03 exposes the 56.64 week low
Break below 55.00 range floor would end the consolidation
09:04 UTC
Range-bound, two-sided · RSI 51 · price 57.649
Choppy range 56.6–58.3.
Silver has chopped in a two-sided range around the hawkish-hold Fed, spiking near 59.24 before a sharp rejection faded price back toward the 56.6 area. It is stabilising just above EMA(20) near 57.65 after buyers held the 57.03 swing low, with RSI(14) sitting mid-range. The 58.10 prior high has capped rallies while the 56.83 range floor and 56.64 week low mark the base.
Support: 57.03, 56.83, 56.64
Resistance: 58.10, 59.04
What it said to watch
Core PCE / GDP cluster at 12:30 UTC — primary catalyst for the next move
H1 close above 58.10 prior high would challenge the range top and 59.04 spike high
Loss of the 56.83 range floor opens the 56.64 week low
09:04 UTC
Range, no clear direction · RSI 52 · price 57.649
Choppy range, sub-58 congestion.
Silver remains boxed sub-58 through the week after the divided Fed hold, with the spike to 59.24 sharply rejected and faded back to the low-57s within two bars — a clean false break of the highs. Price is now grinding back above EMA(20) off the 56.74 swing low, but the 58.13 prior high has capped repeatedly. RSI(14) cycling around the midline reflects the two-sided tape.
Support: 57.03, 56.74
Resistance: 58.13, 59.10
What it said to watch
Core PCE / GDP at 12:30 UTC (~3.5h out) is the primary catalyst for the next move
H1 close above 58.13 would break the range top and expose 59.10
Failure to hold the 57.03 range low reopens 56.74 swing low
Silver faded hard from Tuesday's spike toward 59.10, which was rejected within the same bar, and has since ground down into the week's lows near 56.95, trading below both EMA20 and EMA50. RSI(14) sits in the low 40s with price capped by a series of lower highs off the 58.10 shelf. Move comes ahead of US Core PCE, keeping the metal choppy inside the entrenched 55–62 range.
Support: 56.64
Resistance: 58.10, 59.10
What it said to watch
US Core PCE at 12:30 UTC could materially shift this read
Hourly close below 56.64 confirms a fresh lower-low toward the range floor
Reclaim of 58.10 would break the lower-high sequence
Silver has trended lower since Monday's open near 59.8, carving successive lower highs through the NY sessions and now pressing this-week lows around 56.64. Wednesday's spike to 59.10 was sharply rejected back below 58, and price trades below both EMA(20) and EMA(50) with RSI(14) sub-40. US Core PCE at 12:30 UTC is the immediate swing factor into this print.
Support: 56.64, 55.00
Resistance: 57.57
What it said to watch
H1 close below 56.64 extends the lower-low sequence toward the 55.00 range floor
Reclaim of the 57.57 lower-high line needed to challenge the downtrend structure
US Core PCE at 12:30 UTC could materially shift this read
07:03 UTC
Downtrend, boxed in range · RSI 47 · price 57.294
Lower highs, holding above 57 support.
Silver stayed boxed in the $55-$62 range this week, spiking near $60 early before reversing under 57.50 as the USD steadied and long-end yields firmed post-Fed. Price sits below EMA20/50 with a lower-high structure intact after the sharp rejection from 59.10 was fully retraced. RSI(14) at 46 reflects the fade, with 57.00 holding as buyers stepped in twice around 56.94.
Support: 56.94, 56.80, 57.00
Resistance: 57.90, 58.30, 59.10
What it said to watch
US Core PCE and advance GDP at 12:30 UTC (~6h) is the session's key trigger and could force a range break
H1 close below 56.80 exposes the lower half of the $55-$62 range
Reclaim of 57.90 lower high needed to challenge the 58.30 prior high
Silver's spike to 59.24 on Wednesday's NY session was rejected hard back to 57.23, leaving a clean lower high and price boxed under EMA20/EMA50. Since then trade has been choppy inside the 56.80–57.90 band, with RSI(14) hovering mid-40s and buyers repeatedly defending 56.80–56.94. The multi-week $55–$62 range and lower-high structure remain intact ahead of the US Core PCE/GDP cluster.
Support: 56.80, 55.00
Resistance: 57.90, 59.24
What it said to watch
US Core PCE + advance GDP at 12:30 UTC (~6h) is the session's key trigger for a range break
H1 close above 57.90 challenges the lower-high structure
Failure to hold 56.80 exposes the lower half of the range toward 55.00
Silver has bled lower since the sharp rejection off $59.24 mid-week, printing successive lower highs and slipping back below $57 into the Asia session after the Fed's on-hold decision offered no fresh catalyst. Price sits under both EMA(20) and EMA(50) with RSI(14) parked in the low-40s, keeping the near-term structure heavy inside the well-worn $55–62 band. The 56.70 swing low is the first floor being probed.
Support: 56.70, 55.00
Resistance: 57.50
What it said to watch
Core PCE / GDP cluster at 12:30 UTC is the key catalyst and could reset this read
Close below 56.70 confirms a lower-low toward the 55.00 range floor
Reclaim of 57.50 would break the sequence of lower highs
06:02 UTC
Downtrend within weekly range · RSI 40 · price 57.072
Lower highs since spike, testing range floor.
Silver has faded from Monday's ~$60 spike and sits back below EMA(20) near 57.07, with the mid-week $59.10 test sharply rejected and unwound in a single bar. Price is grinding a sequence of lower highs into the 56.70 swing-low zone that has held repeatedly this week, keeping the metal mid-to-low in its $55-62 band. Momentum stays soft with RSI(14) around 40 and price under both moving averages.
Support: 56.70, 57.00, 55.00
Resistance: 57.70, 59.10
What it said to watch
Core PCE/GDP cluster at 12:30 UTC could materially shift this read
H1 close below 56.70 confirms a lower-low and exposes the 55.00 range floor
Reclaim of 57.70 would neutralise the lower-high sequence
Silver has drifted lower all week from the ~59.9 weekend gap-open, printing successive lower highs and sliding back under 57.5 as the FOMC hold offered no fresh catalyst. Wednesday's spike to 59.10 was sharply rejected back to 57.2 in a single bar, and price now sits below both EMAs pinned near the 56.83 swing low. RSI is mid-40s with price consolidating just above the week's 56.64 base.
Support: 56.83, 56.64
Resistance: 58.10, 59.10
What it said to watch
H1 close below 56.64 confirms a lower-low and exposes the $55 range floor
Reclaim of 58.10 would break the week's lower-high sequence
Core PCE / GDP at 12:30 UTC is the key catalyst and could reset this read
Two-way inside $55-62 band, lower highs since spike.
Silver remains hemmed inside the well-worn $55-62 band, easing back below $57.20 after mid-week's sharp $59.24 spike was fully unwound within two bars. Price has traded under EMA20 and EMU50 into the Asia session with RSI(14) cycling in the low 40s and a sequence of lower highs capping since the rejection. Move follows the Fed's fifth straight hold, leaving direction light ahead of today's data cluster.
Support: 56.64, 55.00
Resistance: 58.13, 59.24
What it said to watch
Core PCE / GDP at 12:30 UTC is the main near-term catalyst and could reset this read
Close below 56.64 confirms a lower low toward the 55.00 range floor
Reclaim of 58.13 needed to negate the lower-highs sequence
Silver remains pinned mid the well-worn $55-62 band, easing sub-$57.5 after the Fed's expected hold at 3.75%. The push to 59.24 into the NY session was sharply rejected in a single bar and price has since drifted lower along a series of lower highs, sitting just below EMA(20). RSI(14) is cycling near the midline with no clear momentum.
Support: 56.79, 55.00
Resistance: 58.10, 59.24
What it said to watch
Core PCE / GDP cluster at 12:30 UTC is the near-term catalyst and could materially shift this read
Close below 56.79 confirms a lower-low and exposes the 55.0 range floor
Reclaim of 58.1 would negate the lower-high sequence
04:03 UTC
Downtrend within weekly range · RSI 43 · price 57.522
Lower highs, mid-range chop.
Silver has drifted back below EMA(20) and EMA(50) after Monday's spike toward the $60 week high faded, with price now mid-range around 57.50 inside the broader $55-62 band. Yesterday's push to 59.24 was sharply rejected and reversed within one bar back to 57.23 — a false break that reset the lower-high structure. The Fed's fifth straight hold gave no fresh catalyst, leaving PCE/GDP as the swing factor.
Support: 57.05, 56.64
Resistance: 58.10, 59.10
What it said to watch
Core PCE / GDP cluster at 12:30 UTC is the near-term catalyst and could reset this read
Loss of 57.05 swing low confirms a lower-low toward the 56.64 week low
H1 close back above 58.10 prior high reopens the 59.10 rejection zone
03:03 UTC
Range-bound, two-way · RSI 49 · price 57.748
Choppy mid-range, no clear directional bias.
Silver is churning mid-range around EMA20 near 57.75, holding the well-worn $55-62 band flagged in the macro digest. The push to the 59.10 spike high mid-week was sharply rejected back to the 57.05 swing low, leaving price chopping two-way with no follow-through. The prior high at 58.30 has capped the last recovery attempts.
Support: 57.05, 56.70
Resistance: 58.30, 59.10
What it said to watch
Core PCE / GDP at 12:30 UTC is the near-term catalyst and could reset this range read
H1 close above 58.30 prior high opens the path back toward the 59.10 spike high
Close below the 57.05 swing low exposes the 56.70 range low
Silver recovered off the week's $56.63 low into the $58 area, where the 21-day SMA has been capping this week's bounces. The Monday gap to $60.07 was faded hard, and a later spike to $59.24 reversed sharply — a rejection of the upper zone. Price now sits mid-range of the $55-$62 band with higher lows building off the base and RSI(14) cycling around the midpoint.
Support: 57.05, 56.70
Resistance: 58.50, 59.24
What it said to watch
Core PCE / GDP at 12:30 UTC (~10h out) could materially shift this read
H1 close above 58.5 reopens the 59.24 week high
Failure to hold 57.05 swing low exposes the 56.7 week low
02:03 UTC
Rangebound, two-way after basing · RSI 56 · price 58.216
Week-long range, mid-range recovery.
Silver clawed back toward the 21-day cap near $58 after basing at the 56.70 week low, the Fed's expected hold offering little fresh direction. A sharp spike to the 59.10 area was rejected and price retraced roughly half of the week's 60-to-56.6 decline. RSI(14) sits mid-range with price holding above both EMAs into the Asia session.
Support: 57.05, 56.70
Resistance: 58.49, 59.10
What it said to watch
Core PCE at 12:30 UTC (~11h out) could reset this range read
H1 close above 58.49 session high reopens the 59.10 spike high
Loss of 57.05 swing low re-exposes the 56.70 week low
01:05 UTC
Down from week high, correcting higher · RSI 54 · price 58.216
Double bottom off 56.70, recovery above 58.
Silver reclaimed the $58 pivot after twice basing near 56.70 on Tuesday and Wednesday, with the Fed's in-line hold at 3.75% and a softer dollar underpinning the bounce. Price sits back above EMA(20) and EMA(50) with RSI(14) recovering through the mid-50s off oversold conditions. The 58.50 prior high has capped this week's rebounds; the broader move down from Monday's ~60.07 high is still being retraced.
Support: 57.05, 56.70
Resistance: 58.50, 59.04, 60.07
What it said to watch
H1 close above 58.50 opens the path to 59.04
Failure to hold 57.05 re-exposes the 56.70 double-bottom floor
Thu 12:30 UTC Core PCE / GDP could materially shift this read
Silver has clawed back above the $58.00 pivot after basing near the $56.79 week low, with price reclaiming both H1 EMAs into the NY session. A spike to the $59.10 swing high was rejected hard back to the low $57s before this recovery, leaving the tape volatile inside a broader range. The bounce follows the Fed's fifth straight hold at 3.75% and a softer dollar, but the move remains choppy rather than trending.
Support: 58.00, 57.05, 56.79
Resistance: 59.10
What it said to watch
H1 close above 59.10 swing high challenges the range top toward $60
Failure to hold the $58.00 pivot reopens 57.05 swing low and the 56.79 week low
Thu 12:30 UTC Core PCE / advance GDP could materially shift this read
Silver has rebuilt from Tuesday's $56.80 low back above $58 as the dollar softened around the Fed's fifth straight hold at 3.75%. The spike to $59.10 in the last NY session was sharply rejected back to $57.24 before buyers stabilised price at the $58 pivot; the broader $56.80-$60 band still frames the action. RSI(14) sits mid-scale near 54 with price holding above EMA20.
Support: 58.00, 57.23, 56.80
Resistance: 59.10, 60.00
What it said to watch
Thu 12:30 UTC Core PCE / GDP could materially shift this read
H1 close above 59.10 opens a retest of the 60.00 weekly high
Failure to hold 58.00 pivot exposes 57.23 and the 56.80 week low
Silver rebuilt back above the $58 pivot after the Fed held at 3.75%, having gapped up to the $60 week high at Monday's open before unwinding to a $56.80 low mid-week. Price is holding above the H1 EMA(20) near 57.72 with RSI(14) cycling mid-range; the sharp $59.10 spike and reversal Wednesday shows the $55-$62 band still framing the action. This-week structure is two-sided rather than trending.
Support: 57.72, 57.05, 56.80
Resistance: 59.10, 59.56, 60.07
What it said to watch
H1 close above 59.10 opens the path back to the 59.56 weekly open and 60.07
Failure to hold 57.05 exposes the 56.80 week low
US Core PCE/GDP Thu 12:30 UTC could materially shift this read