XAG/USD AI Live Scan, 15-minute chart, Friday, 31 July 2026

Every read JAFX AI made on the XAG/USD 15-minute chart that day, newest first: trend, structure, the levels it marked and what it said to watch.

20:47 UTC

Downtrend, recovering into range · RSI 50 · price 57.792

Bounce off session low, consolidating below 58.00.

NY session sold silver ~1.7% into a 57.07 low as the USD and 10y yields rebounded, reversing Thursday's soft-PCE bid. Price has since recovered and is consolidating 57.60–57.98, RSI(14) back to neutral around 50.

Support: 57.60, 57.07

Resistance: 57.98, 58.00, 58.25

What it said to watch

  • M15 close below 57.60 reopens the 57.07 session low
  • Break above 58.00 round number targets 58.25
  • ISM Manufacturing PMI Mon 14:00 UTC could reset this read

20:47 UTC

Recovery off session low, momentum flattening · RSI 53 · price 57.792

Based near 57.00, higher lows into 57.98, now pulling back.

Silver flushed ~1.7% during NY hours to a session low near 57.07 as yields and the USD rebounded, then double-bottomed and recovered to 57.98 before stalling. Late-NY pullback to 57.79 holds the higher-low sequence, RSI(14) cooling to the low 50s.

Support: 57.71, 57.30, 57.07

Resistance: 57.98, 58.15

What it said to watch

  • Loss of 57.71 opens a retest of the 57.30 swing low then 57.07 session low
  • M15 close above 57.98 session high opens 58.15
  • ISM Manufacturing PMI Mon 14:00 UTC could reprice this read

20:32 UTC

Downtrend, recovering off lows · RSI 48 · price 57.759

Sold off then higher lows into consolidation.

Silver dropped ~1.7% from 59.30 toward 57.07 as yields and the USD rebounded, then carved a double bottom near 57.0 and recovered to the 57.75-57.90 zone. Now consolidating just under the 57.98 session high, RSI back to neutral from oversold.

Support: 57.60, 57.07

Resistance: 57.98, 58.55

What it said to watch

  • M15 close above 57.98 opens the path back to 58.55
  • Failure to hold 57.60 re-exposes the 57.07 day low
  • ISM Manufacturing PMI Mon 14:00 UTC could reset the yield-driven read

20:31 UTC

Downtrend, stabilising off lows · RSI 50 · price 57.759

Session selloff then recovery, consolidating below 57.90.

Silver sold off ~1.7% through the NY session from 59.30 to a 57.07 session low as yields and the USD rebounded on hawkish-Fed repricing. Buyers stepped in off 57.07 and price has recovered to consolidate in a 57.70-57.90 band, RSI(14) back to neutral near 49. Late-NY range holding, no fresh momentum either way.

Support: 57.30, 57.07

Resistance: 57.90, 58.20

What it said to watch

  • M15 close above 57.90 opens the path to 58.20
  • Failure to hold 57.30 reopens the 57.07 session low
  • ISM Manufacturing PMI Mon 14:00 UTC could reset the yield-driven read

20:17 UTC

Downtrend, recovering into consolidation · RSI 49 · price 57.762

Double-bottom near 57.0, higher lows into a tight range.

Silver sold off through the NY session from 59.2 to a 57.0 double-bottom as yields firmed and USD recovered on hawkish-Fed repricing. Late-NY has stabilised into a tight 57.5–57.98 consolidation with a chain of higher lows; RSI(14) back near neutral after the earlier washout.

Support: 57.50, 57.07

Resistance: 57.98, 58.25

What it said to watch

  • M15 close below 57.50 breaks the rising lows and reopens the 57.07 session low
  • Reclaim of 57.98 session high exposes 58.25
  • ISM Manufacturing PMI Mon 14:00 UTC could re-arm the yield-driven downside

20:16 UTC

Downtrend, corrective bounce · RSI 51 · price 57.762

Recovered off session low, consolidating below 57.98.

NY session drove silver down to 57.07 as yields and the USD firmed on hawkish-hold Fed repricing, then buyers stepped in for a recovery back toward 57.98. Price is now consolidating in the 57.76-57.98 zone, RSI(14) back to neutral after the oversold washout.

Support: 57.60, 57.07

Resistance: 57.98, 58.15

What it said to watch

  • M15 close below 57.60 reopens the 57.07 session low
  • Close above 57.98 swing high extends the corrective bounce toward 58.15
  • ISM Manufacturing PMI Mon 14:00 UTC could reset this read

20:03 UTC

Downtrend, corrective bounce · RSI 57 · price 57.908

Session sell-off then recovery, consolidating below resistance.

Silver sold off through the London-NY sessions to a 57.07 low as the USD and 10y yields rebounded on hawkish-Fed repricing, then recovered ~0.8 into the evening. Price is now consolidating around 57.90 into 57.98, stalling near the 38.2% retrace of the day's decline.

Support: 57.60, 57.07

Resistance: 57.98, 58.13

What it said to watch

  • M15 close above 57.98 opens the path back toward 58.13
  • Failure to hold 57.60 re-exposes the 57.07 session low
  • ISM Manufacturing PMI Mon 14:00 UTC could reset this read

20:02 UTC

Downtrend, recovery bounce underway · RSI 61 · price 57.908

Sold to 57.07 low, higher lows building.

Silver sold off ~1.7% into a 57.07 session low as Treasury yields and the USD rebounded, then recovered to 57.9 on a chain of higher lows. Now consolidating just under the 57.98 session high, RSI(14) around 60.

Support: 57.60, 57.07, 57.00

Resistance: 57.98, 58.30

What it said to watch

  • M15 close above 57.98 opens the path to 58.30
  • Failure to hold 57.60 re-exposes the 57.07 session low
  • ISM Manufacturing PMI Mon 14:00 UTC could reset this read

19:47 UTC

Downtrend, bouncing off session low · RSI 60 · price 57.948

Sell-off into 57.07, recovery stalling near 57.95.

NY session sold silver ~1.7% into 57.07 on the yield/USD rebound, then buyers stepped in and lifted price back to a 57.90-57.95 shelf where it is now consolidating late in the session. RSI(14) has recovered to the mid-range from oversold; the 58.00 round number caps the bounce.

Support: 57.42, 57.07

Resistance: 58.00, 58.28

What it said to watch

  • Close above 58.00 opens the path to the 58.28 prior swing
  • Failure to hold 57.42 re-exposes the 57.07 session low
  • ISM Manufacturing PMI Mon 14:00 UTC could reset this read

19:47 UTC

Recovering off session low · RSI 62 · price 57.948

Higher lows after selloff, testing 58.00.

Silver sold off ~1.7% to a 57.07 session low as yields and the USD rebounded, then carved higher lows to reclaim 57.95, breaking the 57.30-57.50 consolidation. Price is now pressing the 58.00 psych level, RSI(14) around 61 with room before overbought.

Support: 57.60, 57.30, 57.07

Resistance: 58.00, 58.30

What it said to watch

  • M15 close above 58.00 psych opens the path to the 58.30 prior swing
  • Loss of the 57.60 swing low reopens 57.30 pullback low then 57.07 session low
  • ISM Manufacturing PMI Mon 14:00 UTC could reshape the yield-driven read

19:32 UTC

Recovery off session low, momentum flattening · RSI 59 · price 57.912

Consolidating near session highs after midday selloff.

Silver was driven to a 57.015 session low through the NY morning as Treasury yields rebounded, then buyers recovered price back to 57.9 into the afternoon. Now consolidating in a tight band below the 57.975 session high and the 58.00 round number, RSI cooling from the bounce.

Support: 57.76, 57.526, 57.015

Resistance: 57.975, 58.00, 58.18

What it said to watch

  • M15 close above 58.00 opens the path to the 58.18 prior swing
  • Loss of 57.76 range base re-exposes 57.526 then the 57.015 session low
  • ISM Manufacturing PMI Mon 14:00 UTC could reset the near-term read

19:31 UTC

Recovery off session low, momentum flattening · RSI 58 · price 57.912

Base built at 57.07, grinding into resistance.

Silver flushed to a session low of 57.07 during NY hours as yields rebounded, then carved a rounded base and recovered to stall just under the 57.975 session high, RSI cooling from the bounce. Price is pinned at resistance with small-bodied candles after London close.

Support: 57.60, 57.07

Resistance: 57.975, 58.12

What it said to watch

  • M15 close above 57.975 opens the path to 58.12
  • Failure to hold 57.60 reopens the 57.07 session low
  • ISM Manufacturing PMI Mon 14:00 UTC could reset this read

19:17 UTC

Recovering after NY selloff · RSI 56 · price 57.878

Double bottom then bounce, now consolidating below session high.

NY session drove silver ~1.7% lower to a 57.02 low on the yield/USD rebound, printing a double bottom near 57.0 before buyers recovered price into the 57.9 area. Now consolidating just under the 57.975 session high, RSI back to mid-range after the washout.

Support: 57.53, 57.30, 57.02

Resistance: 57.975, 58.20

What it said to watch

  • M15 close above 57.975 opens the path to 58.20
  • Failure to hold 57.53 reopens 57.30 then the 57.02 session low
  • ISM Manufacturing Mon 14:00 UTC could materially shift this read

19:17 UTC

Downtrend, recovering off session low · RSI 62 · price 57.878

Bounce stalling near session high after NY selloff.

NY session drove silver from 59.30 to a 57.07 session low as Treasury yields bounced and the USD firmed on Chicago PMI and ECI beats. Late-NY recovery has retraced ~38% of that move back to 57.9, but the bounce is stalling into the session high with RSI(14) cooling near 62.

Support: 57.60, 57.07

Resistance: 57.975, 58.29

What it said to watch

  • M15 close above 57.975 session high extends the bounce toward 58.29
  • Failure to hold 57.60 reopens the 57.07 session low
  • ISM Manufacturing PMI Mon 14:00 UTC could materially shift this read

19:04 UTC

Downtrend, retracing higher · RSI 64 · price 57.96

Recovery off session low, higher lows into 58.00.

XAG slid ~1.7% to a 57.07 session low as the USD and 10y yields rebounded, then based and ground back to 57.96 through late NY on a chain of higher lows. Price now tests the 58.00 psych level; RSI(14) near 63 after recovering from the sell-off lows.

Support: 57.60, 57.07

Resistance: 58.00, 58.30

What it said to watch

  • M15 close above 58.00 opens 58.30
  • Failure to hold 57.60 higher-low reopens 57.07
  • ISM Manufacturing PMI Mon 14:00 UTC could shift this read

19:04 UTC

Intraday recovery off session low · RSI 64 · price 57.96

Higher lows off 57.02 base after earlier downtrend.

Silver drilled to 57.02 mid-window as yields firmed on the hawkish-hold repricing, then based twice around 57.07 and recovered through NY hours to 57.96. Price broke the 57.42 consolidation and RSI(14) has climbed to the low-60s off oversold.

Support: 57.42, 57.07, 57.02

What it said to watch

  • Loss of 57.42 breakout base would negate the recovery structure
  • A close back below 57.07 re-opens the 56.64 support cited in the digest
  • ISM Manufacturing PMI Mon 14:00 UTC could reset this read

18:47 UTC

Downtrend, near-term recovery · RSI 62 · price 57.875

Bounce off session low, higher lows building.

Silver slid through the NY session to a 57.07 session low as yields rebounded and the USD firmed, then double-bottomed near 57.0 and recovered to test the bounce high at 57.91. Price is back above the M15 EMAs with RSI mid-range, but 57.91 is capping for now.

Support: 57.53, 57.07

Resistance: 57.91, 58.00

What it said to watch

  • Close above 57.91 opens the 58.00 psych level
  • Failure to hold 57.53 puts the 57.07 session low back in play
  • ISM Manufacturing PMI Mon 14:00 UTC could shift the near-term read

18:47 UTC

Downtrend, recovering off lows · RSI 61 · price 57.875

Session selloff then bounce, stalling under session high.

Silver sold off through the NY session to a low near 57.07 as Treasury yields and the USD rebounded, reversing Thursday's soft-PCE bid. Price has since recovered ~0.85 to stall just under the 57.91 session high with RSI(14) near 60; buyers stepped in twice around 57.07 before the bounce.

Support: 57.30, 57.07

Resistance: 57.91, 58.00

What it said to watch

  • M15 close above 57.91 / 58.00 psych extends the recovery
  • Loss of 57.30 reopens the 57.07 session low
  • ISM Manufacturing PMI Mon 14:00 UTC could materially shift this read

18:32 UTC

Intraday downtrend, bouncing off lows · RSI 61 · price 57.845

Double bottom near 57.0, recovering into late session.

Silver sold off through NY hours to 57.02 on the firmer-yields/USD bounce after hot Chicago PMI and ECI, printing a double bottom near 57.0. The bounce broke the 57.5 consolidation and has recovered to the 57.91 session high, RSI(14) around 61.

Support: 57.42, 57.02

Resistance: 57.91, 58.13

What it said to watch

  • Close above 57.91 opens the path to 58.13 swing high
  • Failure to hold 57.42 swing low re-exposes the 57.02 session low
  • ISM Manufacturing PMI Mon 14:00 UTC could shift this read

18:32 UTC

Downtrend, recovering off lows · RSI 59 · price 57.845

Double bottom near 57.0, higher lows since.

Silver sold off through NY hours to a double bottom near 57.0 as US yields and the USD rebounded, then buyers stepped in twice to lift price back to 57.85. Bounce is stalling into the 57.91 session high with RSI(14) back near 59; the move has retraced to the 38.2% of the 59.30-57.02 decline.

Support: 57.42, 57.07

Resistance: 57.91, 58.00

What it said to watch

  • M15 close above 57.91 opens the 58.00 psych level
  • Failure to hold 57.42 re-exposes the 57.07 session low
  • ISM Manufacturing PMI Mon 14:00 UTC could reset the read

18:17 UTC

Downtrend, bouncing off lows · RSI 57 · price 57.784

Recovery from double bottom near 57.00.

Silver sold off through NY hours to a double bottom near 57.00, pressured by a firmer USD and hawkish-Fed rate-hike pricing. Buyers stepped in twice at 57.0 and drove a recovery to the session high at 57.91, RSI(14) lifting back through midline; price now holding above EMA20 but still below EMA50 around 57.9.

Support: 57.235, 57.015

Resistance: 57.91, 58.00

What it said to watch

  • M15 close above 57.91 opens the path to the 58.00 round number
  • Failure to hold 57.235 reopens the 57.00 double bottom
  • ISM Manufacturing PMI (Mon 14:00 UTC) could reset this read

18:16 UTC

Downtrend, near-term bounce · RSI 61 · price 57.784

Session low base, higher lows into late NY.

Silver sold off through the NY session to a double-bottom base near 57.02 as a firmer USD and yields pressured the metal, then recovered ~0.9 to a session high of 57.91 into late NY. Price is now pulling back to 57.78, holding above the 57.50 bounce base with RSI(14) around 61.

Support: 57.50, 57.07, 57.00

Resistance: 57.91, 58.00

What it said to watch

  • Loss of 57.50 bounce base reopens the 57.07 session low
  • M15 close above 57.91 session high exposes the 58.00 round number
  • ISM Manufacturing PMI (Mon 14:00 UTC) could reset this USD-driven read

18:03 UTC

Downtrend, late-session bounce · RSI 61 · price 57.876

Recovery off session low, ~38% retrace of the drop.

NY session sold silver to 57.07 as the USD clawed back on hawkish-Fed pricing, then a 57.30–57.60 consolidation gave way to a late-session push back to 57.90, stalling right at the 38.2% retrace of the drop. RSI(14) has recovered from oversold into the low-60s as buyers stepped in above 57.53.

Support: 57.53, 57.30, 57.07

Resistance: 58.00, 58.13

What it said to watch

  • M15 close above 58.00 opens the path to 58.13
  • Failure to hold 57.53 puts price back into the 57.30 range
  • ISM Manufacturing PMI Mon 14:00 UTC could reset this read

18:03 UTC

Downtrend, bouncing off lows · RSI 57 · price 57.876

Double bottom near 57.02, higher lows forming.

Silver ground lower through the NY session to a 57.02 double bottom before buyers stepped in, recovering to 57.9 as a firm USD (Chicago PMI 57.6, ECI 0.9% beat) kept the metal heavy on hawkish-Fed pricing. Higher lows are now forming into the late session, with RSI recovering off oversold; the 58.00 handle caps overhead.

Support: 57.235, 57.07

Resistance: 57.91, 58.09

What it said to watch

  • Close back below 57.235 reopens the 57.07 double bottom low
  • Reclaim of 58.09 needed to negate the intraday downtrend
  • ISM Manufacturing PMI Mon could reset the hawkish-Fed read driving silver

17:47 UTC

Downtrend, bouncing off session low · RSI 59 · price 57.81

Lower highs into 57.02 base, recent higher lows forming.

Silver sold off through the NY session to a 57.02 double base as the hawkish-Fed narrative kept yields and the USD firm, then buyers stepped in to reclaim 57.80. Price is holding above EMA20 with RSI recovered to ~59, but the descending sequence of highs from 59.30 still caps.

Support: 57.30, 57.02

Resistance: 57.88, 58.13

What it said to watch

  • M15 close above 57.88 session high opens the path to 58.13
  • Failure to hold 57.30 reopens the 57.02 session low
  • ISM Manufacturing PMI Mon 14:00 UTC could materially shift this read

17:46 UTC

Downtrend, near-term bounce · RSI 58 · price 57.81

Session low carved, higher lows building.

Silver sold off through the NY session to a low at 57.07 on the firmer USD and hawkish-Fed narrative, then consolidated 57.30–57.60 before breaking higher to a session high of 57.88 in the last hour. RSI(14) has recovered off oversold to ~58; price is back above EMA20 but capped under the prior swing at 58.04.

Support: 57.30, 57.07

Resistance: 57.88, 58.04

What it said to watch

  • M15 close back below 57.50 negates the breakout and reopens the 57.07 session low
  • Reclaim of 58.04 prior swing would extend the recovery
  • ISM Manufacturing PMI (Mon 14:00 UTC) could reset this intraday read

17:32 UTC

Downtrend, bouncing off lows · RSI 54 · price 57.774

Lower highs into NY low, corrective pop.

NY session drove silver down to 57.015 on the firm USD/hawkish-Fed read, and the last bar broke the 57.5–57.6 consolidation with a pop to 57.799, stalling right at the 38.2% fib of the 58.97–57.02 slide. Bounce is corrective within a broader downtrend; 57.80 is the immediate cap.

Support: 57.30, 57.07

Resistance: 57.80, 58.00

What it said to watch

  • Close above 58.00 would extend the recovery and challenge the downtrend read
  • Failure back below 57.30 reopens the 57.07 session low
  • ISM Manufacturing PMI Mon 14:00 UTC could reprice this move

17:32 UTC

Downtrend, bounce underway · RSI 50 · price 57.774

Lower highs and lower lows, recovering off session low.

XAGUSD sold off ~1.6% through the NY session on firm yields and a steadier USD, bottoming at 57.07 before a late bounce; the last bar tagged 57.80 and closed 57.77. Downtrend structure intact — price has reclaimed the EMA20 on the recovery but sits well below the EMA50 and the 58.10 swing.

Support: 57.42, 57.07

Resistance: 57.80, 58.10

What it said to watch

  • M15 close above 57.80 opens the 58.10 prior swing
  • Loss of 57.42 reopens the 57.07 session low
  • Thin weekend liquidity can exaggerate moves into the close

17:17 UTC

Downtrend, momentum stalling · RSI 44 · price 57.519

Sharp selloff into a base near 57.00.

XAG dropped ~1.6% through the NY session, sliding from 59.30 to a 57.02 low as a firmer USD and hawkish-Fed pricing weighed. Buyers stepped in twice near 57.00 and price has based between 57.30 and 57.67, with RSI(14) recovering off oversold to ~44.

Support: 57.30, 57.02

Resistance: 57.67, 58.00

What it said to watch

  • M15 close above 57.67 opens the path back to 58.00
  • Loss of 57.30 re-exposes the 57.02 session low
  • ISM Manufacturing (Mon 14:00 UTC) could reset this range read

17:17 UTC

Downtrend, momentum stalling · RSI 47 · price 57.519

Consolidating above session low after NY selloff.

Silver sold off ~1.6% through the NY session to tag 57.02 before stabilising, in line with the firmer USD and hawkish-Fed narrative. Price now consolidating 57.33–57.62 with RSI(14) recovering back to neutral off the lows; 57.671 caps the bounce.

Support: 57.255, 57.07, 56.64

Resistance: 57.671

What it said to watch

  • M15 close below 57.07 session low opens the 56.64 range support
  • Reclaim of 57.671 swing high breaks the consolidation cap

17:03 UTC

Downtrend, momentum slowing · RSI 44 · price 57.452

Consolidation after sharp NY selloff.

Silver sold off through NY hours to a 57.07 swing low as firm yields and a hawkish-Fed narrative pressured the metal, then stabilised into a 57.25–57.62 range. RSI(14) has recovered off oversold to the mid-40s while price chops around the 57.45 pivot with no clean setup.

Support: 57.25, 57.07, 56.64

Resistance: 57.62, 57.67, 58.00

What it said to watch

  • M15 close above 57.67 breaks the consolidation and reopens 58.00
  • Failure to hold 57.07 exposes 56.64 support
  • ISM Manufacturing PMI Mon 14:00 UTC could shift this read

17:03 UTC

Downtrend, momentum stalling · RSI 44 · price 57.452

Lower highs and lower lows, now consolidating above session low.

Silver sold off through the NY session to a low of 57.015 as the USD firmed on the hawkish-Fed narrative, then bounced and is now chopping between 57.30 and 57.67. RSI(14) recovered off oversold into the mid-40s as the decline lost steam near the session low.

Support: 57.30, 57.015, 57.00

Resistance: 57.671

What it said to watch

  • M15 close above 57.671 breaks the lower-high sequence
  • Failure to hold 57.015 opens the path toward 56.64
  • ISM Manufacturing PMI Mon 14:00 UTC could shift this read

16:47 UTC

Downtrend, momentum stalling · RSI 44 · price 57.446

Lower highs into consolidation above 57.07.

NY session drove silver from ~57.9 down to a 57.07 low as a firmer USD and yields pressured the metal on hawkish-Fed pricing. Price is now consolidating 57.23–57.67 with RSI(14) recovering to the mid-40s; the descending session highs remain intact.

Support: 57.23, 57.07

Resistance: 57.67

What it said to watch

  • M15 close above 57.67 breaks the consolidation and reclaims the session high
  • Failure to hold 57.07 opens the path toward the 56.64 support flagged for the week
  • ISM Manufacturing PMI Mon 14:00 UTC could materially shift this read

16:47 UTC

Downtrend, consolidating near lows · RSI 45 · price 57.446

Lower highs into a base above 57.00.

Silver bled ~1.6% through the NY session to a low of 57.015 as the USD firmed on hawkish Fed pricing; buyers stepped in there and price is now chopping 57.30-57.67. RSI(14) recovering from oversold toward mid-40s as the down-leg pauses.

Support: 57.015, 57.30, 57.00

Resistance: 57.671

What it said to watch

  • M15 close above 57.671 breaks the descending highs and invalidates the consolidation read
  • Failure of 57.015 opens the path toward the yearly low near 54.77
  • ISM Manufacturing PMI Mon 14:00 UTC could reprice USD and shift this read

16:31 UTC

Downtrend, momentum easing · RSI 43 · price 57.479

Lower highs and lows, consolidating near lows.

Silver slid ~1.6% through the NY session as a firmer USD and hawkish-Fed rate-hike pricing weighed, bottoming at 57.07 before a bounce to 57.67. Price now chops between 57.24 and 57.67, holding under the falling EMAs with RSI recovering off its lows near 43.

Support: 57.24, 57.07

Resistance: 57.67

What it said to watch

  • M15 close below 57.07 confirms a fresh lower-low and opens the path toward the yearly low
  • Reclaim of 57.67 swing high would break the sequence of lower highs
  • ISM Manufacturing PMI Mon 14:00 UTC could materially shift this read

16:16 UTC

Downtrend, momentum easing · RSI 42 · price 57.395

Lower highs / lower lows, basing near session low.

Silver sold off through the NY session, shedding ~1.6% to a session low of 57.07 as firm yields and a hawkish-Fed narrative kept the USD bid. Price is now chopping in a tight 57.30–57.50 band just above that low, RSI(14) recovering off the trough near 42.

Support: 57.07, 56.64

Resistance: 57.67

What it said to watch

  • M15 close below 57.07 opens the path toward 56.64
  • Reclaim of 57.67 swing high needed to challenge the downtrend
  • ISM Manufacturing PMI (Mon 14:00 UTC) could reset this read

16:03 UTC

Downtrend, bouncing off lows · RSI 44 · price 57.448

Lower highs and lower lows, base near 57.00.

Silver bled steadily lower through the NY session from 58.5 toward the 57.02 session low as the USD firmed on hawkish-Fed pricing. Demand stepped in twice near 57.02, sparking a bounce to 57.67 before stalling; price now consolidates around 57.45 with RSI recovering off its lows.

Support: 57.015

Resistance: 57.671

What it said to watch

  • Reclaim of 57.671 swing high would break the lower-high chain
  • Loss of 57.02 session low opens the path toward $56.64
  • ISM Manufacturing (Mon 14:00 UTC) could reset this USD-driven read

16:02 UTC

Downtrend, bounce off lows · RSI 44 · price 57.448

Lower highs, lower lows; basing near 57.00.

Silver rolled over ~1.6% through the NY session, sliding from 59.30 to a 57.015 session low as firm USD and yields pressured the metal. Buyers stepped in twice near 57.00, lifting price to 57.45; RSI(14) recovering off oversold territory but price still capped under the descending resistance and both EMAs.

Support: 57.015, 56.64

Resistance: 57.671

What it said to watch

  • M15 close below 57.015 confirms a lower-low and opens the 56.64 context support
  • Reclaim of the 57.671 swing high would break the descending resistance
  • ISM Manufacturing PMI Mon 14:00 UTC could materially shift this read

15:47 UTC

Downtrend, bouncing off lows · RSI 43 · price 57.415

Lower highs, lower lows; consolidating above session low.

Silver sold off through the NY session, sliding from 59.30 to a session low at 57.015 as a hawkish-Fed repricing lifted the USD. Price is now chopping around 57.40 after a rejection at 57.67; RSI(14) mid-40s, no extreme in play.

Support: 57.015

Resistance: 57.67

What it said to watch

  • M15 close above 57.67 would break the chain of lower highs
  • Loss of 57.015 confirms the next lower-low toward the range base
  • ISM Manufacturing PMI Mon 14:00 UTC could reset the intraday read

15:46 UTC

Downtrend, momentum slowing after bounce · RSI 44 · price 57.415

Lower highs/lower lows, basing near session low.

Silver sold off through the NY session from ~59.30 to a 57.015 session low as firm USD and yields pressed the hawkish-Fed narrative. Price twice held ~57.0 and is now consolidating around 57.40, RSI(14) recovering from oversold territory but still capped below EMA20/50.

Support: 57.015, 56.64

Resistance: 57.671

What it said to watch

  • M15 close below 57.015 opens the 56.64 range support
  • Reclaim of 57.671 needed to challenge the downtrend
  • ISM Manufacturing PMI (Mon 14:00 UTC) could reset this read

15:32 UTC

Downtrend, momentum extended · RSI 34 · price 57.327

Lower highs and lower lows into NY session.

Silver sold off through the NY session in a clean lower-high, lower-low chain, printing a session low at 57.015 on a hawkish-Fed/firm-yield backdrop before a bounce to 57.671 was rejected. Price now sits at 57.327, RSI(14) around 34 and holding below EMA20/50.

Support: 57.015, 56.64

Resistance: 57.67, 58.04

What it said to watch

  • M15 close back above 57.670 breaks the lower-high chain
  • Failure to hold 57.015 exposes the 56.64 context support
  • Reclaim of 58.040 would neutralise the intraday downtrend

15:31 UTC

Downtrend, momentum easing · RSI 42 · price 57.327

Lower highs, lower lows; bounce off session low.

Silver sold off through the NY session into a 57.015 low as the USD firmed on hawkish-Fed pricing, extending the intraday downtrend. A bounce stalled at 57.671 and price is back at 57.327; RSI(14) near 41 shows momentum easing rather than reversing.

Support: 57.015, 56.64

Resistance: 57.671

What it said to watch

  • M15 close below 57.015 extends the lower-low sequence toward the 56.64 range floor
  • Reclaim of 57.671 swing high needed to break the descending resistance read
  • ISM Manufacturing PMI Mon 14:00 UTC could shift the USD/silver read

15:17 UTC

Downtrend, bouncing off lows · RSI 44 · price 57.585

Lower highs and lower lows, corrective bounce underway.

Silver sold off through the NY session, printing a session low of 57.015 as a firmer USD and hawkish-Fed narrative pressured the metal after Chicago PMI beat. Price is now retracing off that low, back to 57.585 with RSI(14) recovering from oversold; the 57.67 bounce high caps the pullback so far.

Support: 57.015

Resistance: 57.671, 58.00

What it said to watch

  • Reclaim of 58.00 round number would ease the intraday selling
  • Loss of 57.015 session low confirms continuation lower
  • ISM Manufacturing PMI Mon 14:00 UTC could reset this read

15:16 UTC

Downtrend, bouncing off lows · RSI 42 · price 57.585

Lower highs / lower lows, corrective bounce underway.

Silver rolled over through the NY session toward the $57 handle on a firmer USD and hawkish-Fed pricing, printing a session low at 57.02 before a shallow bounce back to 57.58. RSI(14) lifting off oversold; price remains below EMA20/50 and capped under the 57.67 session high.

Support: 57.07, 56.64

Resistance: 57.67, 58.04

What it said to watch

  • M15 close above 57.67 negates the lower-high sequence and opens 58.04
  • Failure to hold 57.07 exposes 56.64 next support
  • ISM Manufacturing PMI Mon 14:00 UTC could reshape this read

15:03 UTC

Downtrend, bounce off lows · RSI 39 · price 57.455

Lower highs and lower lows, mid-retrace.

Silver sold off through the NY session, sliding ~1.6% toward $57 and tagging a session low at 57.015 as the USD steadied on firm yields. Current bar sits at 57.455, the 50% retrace of the 57.889-57.015 leg, RSI(14) recovering off lows but price still capped below EMA20/50.

Support: 57.015

Resistance: 57.671, 57.889

What it said to watch

  • Reclaim of 57.671 bounce high needed to challenge the downtrend structure
  • Loss of 57.015 session low confirms a fresh lower-low, exposing 56.64
  • ISM Manufacturing PMI (Mon 14:00 UTC) could shift the near-term read

15:02 UTC

Downtrend, bouncing off session low · RSI 38 · price 57.455

Lower highs, lower lows into 57.00.

NY session sold XAG hard through 58.00 down to the session low at 57.015 on firm USD and hawkish-Fed yields, before a shallow bounce to 57.455. RSI(14) recovering off oversold; price still holds below EMA20/50 with the swing high at 57.671 capping the rebound.

Support: 57.015

Resistance: 57.671, 58.00

What it said to watch

  • Loss of 57.015 session low exposes 56.64 from the digest
  • Reclaim of the 58.00 round number would unwind the downtrend read
  • Rejection at the 57.671 swing high keeps lower-high structure intact

14:46 UTC

Downtrend, momentum bouncing off lows · RSI 39 · price 57.47

Series of lower highs and lower lows, testing session low.

NY session extended the sell-off, silver breaking prior 57.6 support and sweeping the session low at 57.015 before bouncing to 57.47; the leg down tracks a firmer USD after beats in Chicago PMI, ECI and Michigan sentiment reinforced hawkish-Fed repricing. RSI(14) recovering off the low near 39, price still pinned below EMA20 and EMA50.

Support: 57.015, 56.64

Resistance: 57.72

What it said to watch

  • Failure to hold 57.015 session low exposes 56.64 context support
  • Reclaim of 57.72 swing pivot would neutralise the lower-low sequence
  • ISM Manufacturing PMI Mon 14:00 UTC could materially shift this read

14:46 UTC

Downtrend, bounce underway · RSI 43 · price 57.47

Lower highs and lower lows, testing bounce off session low.

Steady M15 downtrend through the NY session as a firmer USD on hawkish-Fed repricing kept silver pressured off the $60 rejection; price slid to 57.015 before a modest bounce back to 57.47. RSI(14) recovering from oversold, but price holds below EMA20/50 with 57.70 the nearest supply.

Support: 57.07, 56.64

Resistance: 57.70

What it said to watch

  • Reclaim of 57.70 swing high would break the lower-high sequence
  • Failure to hold 57.07 session low exposes the 56.64 range floor
  • ISM Manufacturing PMI Mon 14:00 UTC could reset this read

14:32 UTC

Downtrend, accelerating into NY · RSI 33 · price 57.347

Lower highs, lower lows.

Silver extended its $60 rejection through the NY session, breaking the 57.60 area to print a 57.015 session low as a firmer USD on hawkish-Fed repricing capped the metal. Price bounced modestly to 57.35, RSI(14) near 33 after the flush; the sequence of lower highs and lower lows stays intact.

Support: 57.015, 56.64

Resistance: 57.52

What it said to watch

  • Reclaim of 57.52 would break the lower-high chain
  • Failure to hold 57.015 exposes the 56.64 context support
  • ISM Manufacturing PMI Mon 14:00 UTC could reset this read

14:31 UTC

Downtrend, momentum extended · RSI 33 · price 57.347

Lower highs, lower lows; fresh session low.

Silver sold off hard through the NY session, breaking 57.50 and printing a low at 57.015 as firmer USD and hawkish-Fed repricing capped the metal. RSI(14) near 32 with a shallow bounce off the low; sellers still control the sequence of lower highs.

Support: 57.015, 57.00, 56.64

Resistance: 57.50

What it said to watch

  • M15 close back above 57.50 negates the breakdown read
  • Failure to hold 57.00 opens the 56.64 range support
  • ISM Manufacturing PMI Mon 14:00 UTC could reset this read

14:17 UTC

Downtrend, momentum accelerating · RSI 30 · price 57.242

Lower highs, lower lows; fresh session low.

Silver sold off through the NY session, shedding ~1% from the 59.30 high to a fresh low at 57.015 as the USD short-covering bounce and hawkish-Fed pricing reasserted. The break below 58.00 accelerated the decline; RSI(14) is oversold near 30 with price extended well below EMA20/50.

Support: 57.015, 56.64

Resistance: 57.50, 58.04

What it said to watch

  • Loss of 57.015 opens the 56.64 prior sup
  • Reclaim of 57.50 swing high needed to ease downside pressure
  • ISM Manufacturing PMI Mon could shift yields and this read

14:16 UTC

Downtrend, extended · RSI 33 · price 57.242

Lower highs, lower lows.

Silver sold off through the NY session, sliding ~1% from 58.00 to a session low at 57.015 as the USD short-covered and hawkish-Fed pricing reasserted. Chain of lower highs/lows intact; RSI(14) near 33 with the current bar a shallow pause at 57.24.

Support: 57.015, 56.64

Resistance: 58.00

What it said to watch

  • Reclaim above 57.60 would break the lower-high sequence
  • Break below 57.015 opens the path to 56.64 prior support
  • ISM Manufacturing PMI Mon 14:00 UTC could reset this read

14:03 UTC

Downtrend, accelerating · RSI 33 · price 57.246

Lower highs, lower lows into session low.

NY session drove a clean break of intraday support, silver sliding to a 57.07 session low as the USD short-cover bounce reasserted hawkish-Fed pricing after soft PCE earlier in the week. RSI(14) at 33 with price hugging the lows; last bar a shallow bounce to 57.25, still capped well under the 57.62 swing.

Support: 57.07, 57.00, 56.64

Resistance: 57.62

What it said to watch

  • Loss of 57.00 psych opens the 56.64 support
  • Reclaim of 57.62 swing high needed to ease downside pressure
  • UoM inflation expectations at 14:00 UTC could shift this read

14:02 UTC

Downtrend, momentum extended · RSI 30 · price 57.246

Lower highs, lower lows into session low.

Silver sold off hard through the NY session, breaking below 57.60 and printing a session low at 57.07 with RSI(14) oversold near 30. The leg lower fits the USD short-cover bounce and reasserted hawkish-Fed pricing after this week's soft PCE/GDP capped the earlier bid. Current bar is stabilising at 57.25 but structure remains a chain of lower lows.

Support: 57.07, 56.64

Resistance: 57.60

What it said to watch

  • M15 close back above 57.60 would neutralise the breakdown read
  • Failure to hold 57.07 opens the 56.64 support
  • UoM inflation expectations (14:00 UTC) could extend or reverse this move

13:46 UTC

Downtrend, accelerating · RSI 26 · price 57.159

Lower highs, lower lows.

Silver sold off hard through the NY session, breaking 57.50 and printing a 57.07 session low as the USD firmed on a Friday short-covering bounce and hawkish-Fed pricing. RSI(14) is oversold near 26 and price sits well below EMA20/50, momentum still to the downside on the final bars.

Support: 57.07, 57.00, 56.64

Resistance: 57.50

What it said to watch

  • A close back above 57.50 would stall the lower-low sequence
  • Sustained break below 57.00 opens the 56.64 support
  • UoM inflation expectations at 14:00 UTC could shift this read

13:32 UTC

Downtrend, momentum accelerating · RSI 30 · price 57.446

Series of lower highs and lower lows, fresh session low.

Silver slid ~1% through the NY session to a fresh low at 57.255 as the USD snapped a three-day slide and yields stayed firm on hawkish-Fed bets. The sequence of lower highs and lower lows is intact with RSI(14) pressed near 30; the last bar bounced off 57.255 to close 57.446.

Support: 57.255, 57.182, 56.64

Resistance: 57.70

What it said to watch

  • M15 close below 57.182 opens the path toward 56.64
  • Reclaim of 57.70 would break the lower-high chain
  • Chicago PMI and UoM inflation expectations imminent — could shift this read

13:31 UTC

Downtrend, momentum extended · RSI 33 · price 57.446

Lower highs, lower lows off the 59.29 peak.

Silver sold off through the NY session, fading from the 59.29 peak to a fresh 57.25 swing low as the USD firmed on the hawkish-Fed read. Last bar bounced off 57.18; 57.70 caps and RSI(14) near 33 is soft but not extreme.

Support: 57.255, 57.00, 56.64

Resistance: 57.70

What it said to watch

  • Close back above 57.70 would break the lower-high chain
  • Loss of 57.255 opens 57.00 then 56.64 range support
  • Chicago PMI / UoM inflation expectations imminent — could shift this read

13:16 UTC

Downtrend, momentum accelerating · RSI 28 · price 57.315

Lower highs, lower lows.

XAG slid through the NY session, breaking the 58.00 shelf and extending ~1% lower to a fresh session low at 57.255 as the USD firmed on the hawkish-pause read. RSI(14) is stretched into oversold near 28 after the final impulsive leg; 57.62 caps the immediate rebound.

Support: 57.255, 57.00, 56.64

Resistance: 57.62, 58.00

What it said to watch

  • M15 close back above 58.00 negates the breakdown
  • Loss of 57.00 psych exposes the 56.64 range support
  • Chicago PMI / UoM inflation expectations (13:45-14:00 UTC) could extend or unwind this leg

13:16 UTC

Downtrend, accelerating · RSI 25 · price 57.315

Lower highs, lower lows.

Silver extended its slide through the NY session, breaking prior support at 57.60 to print a fresh session low at 57.255 as the USD held firm on Fed-hike speculation. RSI(14) near 25 shows short-term oversold conditions after the drop from 59.30, but no sign of a base yet.

Support: 57.255, 57.00

Resistance: 57.70

What it said to watch

  • Reclaim of 57.70 would ease the lower-low structure
  • Failure to hold 57.255 opens the path toward 57.00
  • Chicago PMI (~13:45 UTC) and UoM inflation expectations (~14:00 UTC) could materially shift this read

13:04 UTC

Downtrend, extending lower · RSI 33 · price 57.418

Lower highs, lower lows into fresh session low.

Silver ground lower through NY hours to a fresh session low at 57.396 as the Dollar firmed on renewed rate-hike bets, capping the non-yielder. Clean chain of lower highs and lower lows, RSI(14) around 32 — soft but not yet washed out below 20.

Support: 57.396, 57.00

Resistance: 57.69

What it said to watch

  • Reclaim of 57.69 would break the lower-high sequence
  • Failure to hold 57.40 exposes the 57.00 psych level
  • Chicago PMI (13:45 GMT) and UoM inflation expectations (14:00 GMT) due within the hour could shift this read

13:03 UTC

Downtrend, momentum extended · RSI 31 · price 57.418

Lower highs, lower lows.

XAG ground lower through the NY session to a fresh session low at 57.396, extending a clean lower-high/lower-low chain as a firmer Dollar pressured the non-yielder. RSI(14) near 31 flags short-term oversold but no reversal signal yet.

Support: 57.396, 57.00

Resistance: 57.76

What it said to watch

  • Reclaim above 57.76 breaks the lower-high chain
  • Loss of 57.40 opens the 57.00 round number
  • UoM inflation expectations / Chicago PMI at 13:45-14:00 GMT could shift this read

12:47 UTC

Downtrend, lower highs and lows · RSI 36 · price 57.672

Stair-step decline off session peak.

XAGUSD ground lower through the NY session in a clean lower-high/lower-low chain, printing a session low at 57.527 as the Dollar firmed on renewed Fed-hike bets before a shallow bounce to 57.672. RSI(14) near 36 — soft but not yet stretched. Sellers capping each retrace at descending highs.

Support: 57.527, 57.635

Resistance: 57.859

What it said to watch

  • Reclaim of 57.859 breaks the lower-high chain
  • Loss of 57.527 confirms continuation toward $56.64
  • UoM inflation expectations 14:00 GMT could shift this read

12:46 UTC

Downtrend, momentum fading · RSI 35 · price 57.672

Lower highs, lower lows; bounce off session low.

XAG ground lower through the NY session from 59.30 toward 57.53 as the Dollar firmed on renewed rate-hike bets, extending a steady lower-high chain. Price bounced off the 57.527 session low into the current 57.67, with RSI(14) recovering off oversold.

Support: 57.527, 57.635

Resistance: 57.889

What it said to watch

  • Loss of 57.527 confirms another lower-low and opens 57.00
  • M15 close above 57.889 breaks the descending high chain
  • UoM inflation expectations 14:00 GMT could shift Dollar and cap XAG

12:32 UTC

Downtrend, extending lower · RSI 39 · price 57.747

Lower highs, lower lows.

XAGUSD grinding lower through the NY session, printing a fresh session low at 57.527 as a firmer Dollar snapped its losing streak and pressured the non-yielder off the 59.30 window high. The last bar bounced to 57.747 with RSI(14) near 38 — no reversal signal yet, price still capped under the descending highs.

Support: 57.527, 57.20

Resistance: 57.95

What it said to watch

  • Reclaim of 57.95 needed to break the lower-high chain
  • Loss of 57.527 exposes 57.20
  • ECI 12:30, Chicago PMI 13:45 and UoM inflation expectations 14:00 GMT could shift this read

12:32 UTC

Downtrend, extended into NY · RSI 37 · price 57.747

Chain of lower highs and lower lows.

Silver ground lower through the NY session from 59.30 to a fresh session low at 57.527 as the Dollar firmed on rate-hike bets, before a small bounce to 57.747. RSI(14) at 37 — soft but not oversold — with price capped under EMA20/50.

Support: 57.527, 57.00

Resistance: 57.944

What it said to watch

  • Reclaim of 57.944 swing high needed to break the lower-high sequence
  • Loss of 57.527 session low extends the downtrend toward the 57.00 round number
  • UoM inflation expectations at 14:00 GMT could materially shift this read

12:17 UTC

Downtrend, lower highs holding · RSI 38 · price 57.733

Chain of lower highs / lower lows from 59.30.

Steady M15 downtrend off the 59.30 high, silver leaking to 57.733 as the Dollar rebounded back above 100.00 and September Fed-hike bets firmed. Price swept the 57.635 low then recovered to 57.889 before fading; sub-58.00 round number now caps as resistance.

Support: 57.635

Resistance: 58.00

What it said to watch

  • M15 close below 57.635 confirms a fresh lower low
  • Reclaim of 58.00 round number would break the lower-high sequence
  • UoM inflation expectations 14:00 GMT could shift this read

12:16 UTC

Downtrend, session lows extending · RSI 36 · price 57.733

Lower highs, lower lows since $59.30 peak.

Silver slid through the NY session toward the 57.635 session low as the Dollar firmed on rate-hike repricing, extending a clean chain of lower highs from the $59.30 peak. RSI(14) near 36 — soft but not yet stretched — with price capped under the descending resistance and the 58.04 swing.

Support: 57.635, 57.00

Resistance: 58.04, 58.37

What it said to watch

  • M15 close below 57.635 confirms a fresh lower low, exposing 57.00
  • Close above 58.04 breaks the descending resistance and challenges 58.37
  • Chicago PMI 13:45 GMT and UoM inflation expectations 14:00 GMT could shift this read

12:02 UTC

Downtrend, session lows extending · RSI 38 · price 57.774

Lower highs, lower lows since NY session.

XAG has ground lower through the NY session, slipping ~1% back toward $57.77 as the Dollar tried to snap its three-day slide and rate-hike bets firmed. Sellers stepped in at each retest of 58.04-58.19; a brief sweep of 57.635 was bought back to 57.81 before the close.

Support: 57.635, 57.72

Resistance: 58.04, 58.19

What it said to watch

  • M15 close back above 58.19 breaks the lower-high chain
  • Failure to hold 57.635 confirms continuation lower
  • Chicago PMI 13:45 GMT and UoM inflation expectations 14:00 GMT could materially shift this read

12:02 UTC

Downtrend, decelerating into session low · RSI 37 · price 57.774

Chain of lower highs, session low swept.

Silver ground lower through the NY session as the Dollar snapped its three-day slide, extending a clean chain of lower highs from 59.29. The last bar swept the session low to 57.635 before a shallow bounce to 57.77; RSI(14) sits in the mid-30s, price under both EMA20 and EMA50.

Support: 57.635, 57.50

Resistance: 58.04

What it said to watch

  • M15 close below 57.635 confirms a lower-low and exposes 57.50
  • Reclaim of 58.04 needed to break the lower-high sequence
  • US ECI/Chicago PMI/UoM inflation (12:30-14:00 GMT) could materially shift this read

11:46 UTC

Downtrend, momentum extending · RSI 33 · price 57.668

Lower highs, lower lows since $59.30 peak.

Silver sold off through the London session, sliding from the $59.30 peak to $57.67 as the Dollar firmed on renewed rate-hike bets. Chain of lower highs stayed intact and the last bar broke the 58.04 shelf with a sharp bearish close, RSI(14) near 33.

Support: 57.635, 56.64

Resistance: 58.04

What it said to watch

  • M15 close back above 58.04 breaks the lower-high chain
  • Failure to hold 57.64 exposes the 56.64 range support
  • ECI (12:30), Chicago PMI (13:45) and UoM inflation expectations (14:00 UTC) due within ~2h could shift this read

11:46 UTC

Downtrend, extending lower · RSI 31 · price 57.668

Lower highs and lower lows, fresh session low.

Silver slid ~1% through the NY session back toward $57.60 as the Dollar firmed on renewed rate-hike bets, printing a fresh session low at 57.635 on the last bar. Price sits below EMA20 and EMA50 with RSI near 30, an unbroken chain of lower highs from the $59.30 peak.

Support: 57.635, 57.50

Resistance: 58.04

What it said to watch

  • ECI (12:30 UTC), Chicago PMI (13:45) and UoM inflation expectations (14:00) can materially shift this read
  • Reclaim above 58.040 swing high challenges the lower-high structure
  • Failure to hold 57.635 session low opens 57.50 psych

11:31 UTC

Downtrend, momentum slowing near lows · RSI 43 · price 57.897

Lower highs and lower lows off 59.30.

XAG has bled steadily lower from the 59.30 peak toward the 57.72 session low as the Dollar firmed on renewed rate-hike bets. Price is pinned just above the low with RSI(14) cooling near 42; sellers capping every bounce at descending lower highs.

Support: 57.72, 56.64

Resistance: 58.29

What it said to watch

  • M15 close below 57.72 confirms continuation toward 56.64
  • Reclaim of 58.29 breaks the sequence of lower highs
  • ECI 12:30 UTC, Chicago PMI 13:45 and UoM inflation 14:00 could shift this read within the next bars

11:31 UTC

Downtrend, momentum steady · RSI 40 · price 57.897

Lower highs, sliding into session low.

XAG has bled from the $59.30 intraday high down to $57.90 through the NY session as the Dollar firmed on rate-hike bets, with a fresh session low printed at 57.72. Chain of lower highs intact; RSI(14) near 40, no oversold extreme.

Support: 57.72, 57.869

Resistance: 58.04

What it said to watch

  • M15 close below 57.72 confirms a lower-low and exposes 57.50
  • Reclaim of 58.04 needed to break the lower-high chain
  • ECI 12:30, Chicago PMI 13:45, UoM 14:00 GMT could shift this read

11:16 UTC

Downtrend off intraday peak · RSI 41 · price 57.979

Lower highs, lower lows into session low.

Silver slid steadily from the 59.30 intraday peak, printing a clean chain of lower highs and lower lows as the Dollar firmed on renewed rate-hike bets. Price now presses the session low at 57.72 with RSI(14) mid-40s, no reversal signal yet.

Support: 57.72, 57.50

Resistance: 58.25

What it said to watch

  • Close below 57.72 confirms continuation and exposes 57.50
  • Reclaim of 58.25 breaks the lower-high chain
  • UoM inflation expectations / Chicago PMI (13:45-14:00 GMT) could shift this read

11:03 UTC

Downtrend, extended lower · RSI 26 · price 57.772

Lower highs, lower lows.

Silver ground steadily lower through the London-NY transition to a session low at 57.745 as the Dollar's bounce firmed September rate-hike bets. The break of 58.04 confirmed a fresh lower low with RSI(14) near 26, short-term oversold.

Support: 57.745, 57.50

Resistance: 58.04

What it said to watch

  • Reclaim of 58.040 would ease the downside pressure
  • Failure to hold 57.745 confirms continuation of the lower-low sequence, exposing the 57.50 psych level
  • ECI 12:30 GMT and Chicago PMI / UoM inflation expectations at 14:00 GMT could shift this read

11:02 UTC

Downtrend, extending lows · RSI 34 · price 57.772

Lower highs and lower lows since the 59.30 peak.

Silver ground lower all session in a clean descending channel, printing a fresh session low at 57.745 as the Dollar firmed on hawkish-Fed hike bets. RSI(14) near 34, momentum weak but not yet oversold; price sits below EMA20 and EMA50.

Support: 57.745, 57.50

Resistance: 58.04

What it said to watch

  • M15 close below 57.745 extends the lower-low sequence toward 57.50
  • Reclaim of 58.04 needed to challenge the descending channel top
  • Chicago PMI 13:45 GMT and UoM inflation expectations 14:00 GMT could shift this read

10:47 UTC

Downtrend, momentum easing · RSI 43 · price 58.039

Lower highs, lower lows off 59.30.

Silver rolled over from the 59.30 peak and ground steadily lower through London, shedding ~1% as the Dollar tried to snap its losing streak. Price bottomed at 57.87 and is stabilizing around 58.00, RSI(14) recovering off intraday lows near 43.

Support: 57.869, 58.00

Resistance: 58.30

What it said to watch

  • M15 close below 57.87 confirms a fresh lower low
  • Reclaim of 58.30 swing high would stall the downtrend read
  • UoM inflation expectations at 14:00 GMT could shift this read

10:46 UTC

Downtrend off 59.30 high, momentum easing · RSI 42 · price 58.039

Lower highs, lower lows; stalling near 58.00.

Silver rolled over from the 59.30 high through the session, printing successive lower highs into 58.00 as the Dollar snapped back above 100.00 on safe-haven demand. Price is stalling just above the 57.87 swing low with RSI(14) mid-40s; the downtrend structure is intact but decelerating.

Support: 57.869, 57.781

Resistance: 58.19

What it said to watch

  • M15 close below 57.87 opens the 57.78 prior low
  • Reclaim of 58.19 prior high needed to break the lower-high chain
  • US ECI 12:30 GMT and Chicago PMI/UoM 14:00 GMT could shift this read

10:32 UTC

Downtrend, momentum easing at lows · RSI 42 · price 57.971

Lower highs / lower lows, stalling under 58.00.

Silver rolled over from the 59.30 peak and ground lower through the NY session to 57.97, down ~1% as the Dollar bounced back above 100.00. Price is now pinned just under 58.00 with RSI(14) off its lows but structure still lower-high, lower-low.

Support: 57.869, 57.781

Resistance: 58.19

What it said to watch

  • M15 close below 57.87 confirms continuation toward 57.78 prior low
  • Reclaim of 58.19 needed to challenge the descending sequence
  • UoM sentiment / inflation expectations and Chicago PMI at 14:00 GMT could shift this read

10:31 UTC

Downtrend, stair-stepping lower · RSI 39 · price 57.971

Series of lower highs and lower lows off mid-window peak.

Silver has bled ~1.3 from the mid-window peak near 59.30 back to 57.97 as the Dollar tried to snap a three-day losing streak on firmer rate-hike bets. Clean chain of lower highs into the NY session, RSI(14) near 39 and price pinned just under the 58.00 psych level.

Support: 57.869, 57.759

Resistance: 58.00, 58.25

What it said to watch

  • M15 close above 58.25 breaks the lower-high sequence and invalidates the downtrend read
  • Loss of 57.87 session low confirms continuation toward 57.76 swing low
  • UoM sentiment/inflation expectations at 14:00 GMT could shift the Dollar bid driving this leg

10:17 UTC

Downtrend, near session low · RSI 41 · price 57.996

Lower highs, lower lows off 59.30.

Silver rolled over from the 59.30 high, grinding out lower highs and lower lows back to the session low at 57.87 as the dollar firmed on rising rate-hike bets. Price is hugging the 58.00 psych level with RSI(14) mid-40s; last bar shows a small bounce off 57.87.

Support: 57.87, 57.72, 58.00

Resistance: 58.30, 59.29

What it said to watch

  • M15 close below 57.87 opens 57.72
  • Reclaim of 58.30 would break the descending sequence
  • UoM inflation expectations at 14:00 GMT could shift this read

10:17 UTC

Downtrend, momentum slowing near 58.00 · RSI 39 · price 57.996

Lower highs, lower lows off the 59.30 peak.

NY session faded silver from the 59.30 high back to the 58.00 psych level as the dollar firmed on rising rate-hike bets, snapping its losing streak. Chain of lower highs remains intact; RSI(14) near 39, sellers pressing but not yet stretched. Price is stalling on 58.00 with the 57.87 swing low just below.

Support: 57.87, 57.72

Resistance: 58.56, 59.00

What it said to watch

  • M15 close below 57.87 confirms a fresh lower low toward the 57.72 prior low
  • Reclaim of 58.56 recent high needed to challenge the 59.00 psych level
  • UoM sentiment / inflation expectations at 14:00 GMT could shift this read

10:03 UTC

Downtrend, extending lower · RSI 36 · price 57.929

Lower highs, lower lows off 59.30.

Silver has bled ~1.4% off the 59.30 NY-session high in a steady chain of lower highs, now printing 57.93 as the Dollar snapped its losing streak on hawkish-Fed and oil-driven safe-haven bids. RSI(14) at 36 is soft but not yet oversold; session low at 57.87 is the immediate floor being tested.

Support: 57.87, 57.72

Resistance: 58.09

What it said to watch

  • Break of 57.87 session low opens 57.72 swing low
  • Reclaim of 58.09 recent high needed to stall the lower-high sequence
  • US UoM inflation expectations at 14:00 GMT could shift this read

10:02 UTC

Downtrend off session high · RSI 32 · price 57.929

Lower highs, lower lows into session low.

Silver spiked to 59.30 during the London session then rolled into a steady, staircase downtrend through NY, breaking the 58.00 psych level and now pinned at session lows near 57.93. The slide tracks the DXY bounce off six-week lows on a hawkish-lean Fed and firmer oil. RSI(14) around 31 — short-term stretched but not yet extreme.

Support: 57.869, 57.72

Resistance: 58.19

What it said to watch

  • M15 close below 57.72 confirms a fresh lower-low and opens the $56.64 support zone
  • Reclaim of 58.19 needed to break the descending sequence of lower highs
  • UoM inflation expectations at 14:00 GMT could shift the USD read and this move

09:47 UTC

Downtrend, grinding lower · RSI 38 · price 57.98

Lower highs, lower lows off 59.30 peak.

XAG rolled over from the 59.30 peak and has been grinding down through the London session, now sitting at 57.98 near its session lows as the Dollar reclaimed 100.00 on a hawkish-lean Fed and firmer oil. Momentum stays soft with RSI(14) sub-40; the 57.87 swing low is the immediate floor.

Support: 57.87, 57.72, 57.50

Resistance: 58.29

What it said to watch

  • M15 close below 57.72 confirms a fresh lower low toward the 57.50 psych level
  • Reclaim of the 58.29 swing high needed to stall the downtrend read
  • UoM inflation expectations at 14:00 GMT could shift this read

09:47 UTC

Downtrend, momentum extended · RSI 25 · price 57.98

Lower highs, lower lows since the 59.30 peak.

Silver ground lower through the London session, shedding ~1.3% from the 59.30 peak toward 57.98 as the Dollar firmed on rising rate-hike bets. RSI(14) is stretched near 24, oversold on this timeframe, with price parking on the 57.87 session low.

Support: 57.87, 57.72

Resistance: 58.29

What it said to watch

  • Loss of 57.87 opens the 57.72 asia low
  • Reclaim of 58.29 swing high would break the lower-high chain
  • 14:00 UTC UoM inflation expectations could shift this read

09:32 UTC

Downtrend, momentum easing · RSI 38 · price 58.012

Lower highs and lower lows off 59.30.

Silver has rolled over through the London session, grinding from the 59.30 peak down to 58.00 in a steady chain of lower highs and lower lows, in line with the USD trying to snap its losing streak. RSI(14) near 37 is soft but not oversold; the 58.00 round number is holding for now with the session low at 57.95 just beneath.

Support: 57.95, 58.00, 57.75

Resistance: 58.37

What it said to watch

  • M15 close back above 58.37 breaks the lower-high sequence
  • Loss of 57.95 opens a fresh lower low toward 57.75
  • US ECI 12:30 UTC, Chicago PMI and UoM 14:00 UTC could shift this read

09:31 UTC

Downtrend, lower highs and lows · RSI 35 · price 58.012

Steady decline off session high, printing lower lows.

Silver rolled over from the 59.30 session high into a persistent lower-high/lower-low grind, now pressing 58.00 with price below EMA20 and EMA50. RSI(14) near 35 as the descending channel from the London high holds; USD trying to snap its losing streak is capping the metal.

Support: 57.98, 57.72

Resistance: 58.28

What it said to watch

  • M15 close back above 58.28 breaks the sequence of lower highs
  • Failure to hold 57.98 confirms continuation toward 57.72
  • US ECI, Chicago PMI and UoM data (12:30-14:00 UTC) could materially shift this read

09:17 UTC

Downtrend off session high, bounce stalling · RSI 42 · price 58.073

Lower highs into 58.02 support.

Silver rolled over from the 59.30 session high, printing a chain of lower highs into the 58.02 swing low as the USD tried to snap its losing streak. Bounce off 58.02 is stalling near 58.19; RSI(14) mid-range at ~42, no momentum extreme.

Support: 58.02, 58.00

Resistance: 58.19, 58.32

What it said to watch

  • M15 close below 58.02 opens the next leg lower
  • Reclaim of 58.32 swing high needed to break the lower-high sequence
  • US ECI at 12:30 UTC could shift this read

09:16 UTC

Downtrend, stabilising near lows · RSI 41 · price 58.073

Lower highs, lower lows off the 59.30 peak.

Silver rolled over from the 59.30 peak and ground lower through the session as the USD tried to snap its losing streak, printing a clean chain of lower highs into the 58.00 round number. Last few bars stabilised around 58.05-58.10 with RSI(14) near 41, no reversal yet confirmed.

Support: 58.00, 57.98

Resistance: 58.29

What it said to watch

  • Break below 58.00 round number exposes the 57.98 session low
  • M15 close above 58.29 swing high breaks the descending sequence
  • ECI 12:30 UTC and UoM 14:00 UTC could shift this read

09:04 UTC

Downtrend from session peak, decline slowing · RSI 43 · price 58.162

Lower highs, lower lows since 59.30; basing near 58.00.

XAG rolled over from the 59.30 session peak in a steady chain of lower highs, sliding ~1% into 58.02 as the USD tried to snap its losing streak. Buyers stepped in at 58.02 and price is holding just above the 58.00 psych mark, RSI(14) recovering off mid-40s; still capped below EMA20/EMA50.

Support: 58.02, 58.00, 57.89

Resistance: 58.29

What it said to watch

  • M15 close below 58.00 opens 57.89 swing low
  • Reclaim of 58.29 prior high needed to break the lower-high chain
  • US ECI 12:30 GMT and Michigan sentiment 14:00 GMT could shift this read

09:03 UTC

Downtrend, momentum easing · RSI 43 · price 58.162

Lower highs, lower lows off 59.30.

Silver slid through the London session from the 59.30 high to a session low at 58.02 as the USD tried to snap its losing streak, and is now consolidating near 58.15. Chain of lower highs intact; RSI(14) mid-40s with no divergence.

Support: 58.021, 57.89

Resistance: 58.371

What it said to watch

  • M15 close above 58.371 breaks the descending highs and questions the downtrend read
  • Break below 58.021 opens 57.89
  • US ECI (12:30 GMT), Chicago PMI and Michigan sentiment (14:00 GMT) could shift this read

08:47 UTC

Downtrend, extended lower · RSI 38 · price 58.049

Lower highs, lower lows from 59.30.

Silver ground lower through London hours, printing a clean chain of lower highs and lower lows from the 59.30 peak down to 58.02 — a ~1% slide as the USD tried to snap its losing streak. Price now sits on the 58.00 round number with RSI(14) near 37, below both EMA20 and EMA50.

Support: 58.021, 58.00, 57.70

Resistance: 58.371

What it said to watch

  • Close below 58.00 round number opens the 57.70 prior low
  • Reclaim of 58.37 prior swing needed to break the lower-high chain
  • US ECI 12:30 GMT and Michigan 14:00 GMT could shift this read

08:47 UTC

Downtrend, stepped selloff · RSI 39 · price 58.049

Lower highs, lower lows off 59.30.

M15 in a stepped decline off the 59.30 peak, printing lower highs through the London session as silver slipped ~1% on the USD's attempt to snap its losing streak. Buyers stepped in twice at the 58.02 session low; the 58.30 minor high is capping the bounce, RSI(14) mid-30s.

Support: 58.021, 58.00

Resistance: 58.30, 58.55

What it said to watch

  • M15 close below 58.02 opens the 58.00 round number and extends the lower-low sequence
  • Reclaim of 58.55 swing high needed to break the lower-high chain
  • US ECI 12:30 GMT and Michigan sentiment/inflation 14:00 GMT could shift this read

08:31 UTC

Downtrend, at session low · RSI 34 · price 58.027

Lower highs, lower lows since NY peak.

Silver ground lower off the 59.30 NY peak in a clean lower-high, lower-low chain and is now pressing the session low at 58.02, off ~1% as the USD tried to snap its losing streak. RSI(14) near 34 — soft but not yet oversold — with price below both EMAs.

Support: 58.021, 57.76

Resistance: 58.32

What it said to watch

  • M15 close below 58.02 opens the 57.76 swing low
  • Reclaim of 58.32 swing high needed to break the lower-high sequence
  • US ECI / Michigan sentiment later today could shift this read

08:17 UTC

Downtrend, momentum easing · RSI 43 · price 58.183

Lower highs / lower lows off 59.30 peak.

Silver reclaimed $59 and peaked at 59.30 during the London-NY window on soft US PCE/GDP, then rolled into a steady downtrend of lower highs and lower lows through the Asia session. Price is now basing near the 58.02 swing low after a shallow bounce to 58.18; RSI(14) mid-40s, no reversal signal yet.

Support: 58.02, 57.78

Resistance: 58.37

What it said to watch

  • M15 close below 58.02 confirms a lower low, exposing 57.78
  • Reclaim of 58.37 breaks the lower-high chain
  • ECI/Chicago PMI/UoM (12:30-14:00 UTC) could shift this read

08:17 UTC

Downtrend off NY high, bounce stalling · RSI 43 · price 58.183

Lower highs, lower lows; consolidating near lows.

Silver rolled over from the 59.29 NY-session high and ground lower through the Asian session to tag 58.02; London now has it consolidating around 58.18, below EMA20 and EMA50. The two-way tape fits a USD trying to hold 100.00 after soft PCE/GDP.

Support: 58.021

Resistance: 58.54

What it said to watch

  • Close below 58.02 session low confirms next leg lower
  • Reclaim of 58.54 swing high needed to challenge descending highs
  • US ECI/Chicago PMI/UoM (12:30-14:00 GMT) could shift USD and silver

08:03 UTC

Downtrend, momentum slowing · RSI 43 · price 58.199

Lower highs, lower lows off 59.30 peak.

Silver rejected the 59.30 session high late in the NY session and has ground down through Asia into London, printing a session low at 58.02 before a small bounce to 58.20. RSI(14) near 42, off the recent lows; move fits the two-way, mid-range tone after soft US PCE/GDP.

Support: 58.021, 57.889

Resistance: 58.371, 59.297

What it said to watch

  • M15 close above 58.37 challenges the descending lower-high sequence
  • Failure to hold 58.02 opens 57.89 swing low
  • US ECI 12:30 GMT then Chicago PMI / UoM 14:00 could shift this read

08:03 UTC

Downtrend, faded from session high · RSI 42 · price 58.199

Lower highs, lower lows off 59.29.

Silver rallied above 59.29 into the NY session on the soft US PCE/GDP-driven dollar slide, then rolled over into a clean lower-high, lower-low chain back to 58.02. Price is bouncing modestly off the session low near 58.02 in early London hours, RSI(14) mid-range around 41; supply capped each recovery attempt below the descending highs.

Support: 58.021, 57.80

Resistance: 58.54, 59.29

What it said to watch

  • M15 close back above 58.54 breaks the lower-high chain
  • Loss of 58.02 exposes 57.80
  • ECI 12:30 GMT and Chicago PMI could shift the USD read

07:47 UTC

Intraday downtrend, bounce forming · RSI 42 · price 58.288

Lower highs off 59.30, session low 58.02 held.

XAGUSD rolled over from the 59.30 high into a steady intraday downtrend, printing a session low at 58.02 before a modest bounce back to 58.29 in London hours. Price sits below EMA20/50 with RSI(14) recovering off the lows near 41; 58.54 is the first overhead area to watch for rejection or break.

Support: 58.021, 57.80

Resistance: 58.541

What it said to watch

  • Reclaim of 58.541 would break the lower-high chain
  • Loss of 58.021 session low exposes 57.80
  • US ECI 12:30 UTC and Chicago PMI/UoM 13:45-14:00 UTC could shift this read

07:46 UTC

Downtrend off 59.29, bouncing · RSI 43 · price 58.288

Lower highs, lower lows; bounce off session low.

Silver has bled from the 59.29 peak into a chain of lower highs as the USD clawed back above 100.00 on Iran haven bids, printing a swing low at 58.02 before this bounce to 58.29. RSI(14) recovering from the low-40s; price still trades below EMA20 and EMA50 in early London.

Support: 58.021, 57.889

Resistance: 58.541

What it said to watch

  • M15 close above 58.54 swing high breaks the lower-high sequence
  • Loss of 58.02 swing low extends the decline toward 57.89 prior low
  • US ECI 12:30 UTC, Chicago PMI 13:45, UoM 14:00 could shift USD and this read

07:32 UTC

Downtrend, session sliding lower · RSI 35 · price 58.135

Lower highs, lower lows off 59.30.

Silver rolled off the 59.30 high and has bled lower through the NY session into early London, printing a clean chain of lower highs. Now pressing the 58.02 session low with RSI(14) near 34; a brief dip under the 58.00 handle found buyers on the last bar.

Support: 58.021, 57.79

Resistance: 58.30

What it said to watch

  • M15 close below 58.02 confirms continuation toward 57.79
  • Reclaim of 58.30 breaks the lower-high sequence
  • US ECI at 12:30 UTC could shift the USD read and this move

07:32 UTC

Downtrend off session high · RSI 36 · price 58.135

Lower highs, lower lows.

Silver peaked at 59.30 mid-window then rolled over into a steady downtrend, printing lower highs and now pressing the session low at 58.02. RSI(14) near 36, holding just off oversold as the USD's post-PCE softness has failed to lift metals off the intraday lows.

Support: 58.021, 58.00, 57.805

Resistance: 58.559, 59.297

What it said to watch

  • M15 close back above 58.56 breaks the lower-highs sequence
  • Loss of the 58.00 psych level exposes 57.80
  • US ECI (12:30), Chicago PMI (13:45) and UoM (14:00 UTC) could shift this read

07:16 UTC

Downtrend, testing session low · RSI 41 · price 58.195

Lower highs and lower lows off the 59.30 NY peak.

Silver has bled off the 59.30 NY high in a chain of lower highs through the Asian and early London hours, printing a session low at 58.02 before a shallow bounce to 58.19. RSI(14) near 40 with price under both EMAs; the descending structure holds unless 58.55 is reclaimed.

Support: 58.02, 57.80

Resistance: 58.55

What it said to watch

  • A close below 58.02 opens the path to the 57.80 prior low
  • Reclaim of 58.55 breaks the lower-high structure
  • US ECI (12:30 GMT), Chicago PMI (13:45), UoM sentiment (14:00) could shift the USD read

07:03 UTC

Downtrend, retracing up-move · RSI 36 · price 58.177

Lower highs off 59.30 peak.

Silver rolled over from the 59.30 London high back to 58.18, unwinding the soft-USD/PCE-driven rally in a steady chain of lower highs. Price is pressing the 58.16 session low with RSI(14) near 36 — soft but not yet stretched.

Support: 58.163, 57.97

Resistance: 58.54

What it said to watch

  • M15 close below 58.16 opens 57.97 swing low
  • Reclaim of 58.54 breaks the lower-high sequence
  • ECI 12:30 / Chicago PMI 13:45 / UoM 14:00 GMT could shift this read

07:03 UTC

Pullback off session high · RSI 37 · price 58.177

Lower highs after topping 59.30.

Silver rolled over from the 59.30 session high — printed after the soft PCE/GDP-driven USD selloff — and has retraced roughly 60% of that rally, now pressing the 58.16 session low. RSI(14) near 37 and price trading below EMA20/EMA50 as sellers extend lower highs through the London morning.

Support: 58.16, 57.97

Resistance: 58.54, 59.30

What it said to watch

  • Close back above 58.54 negates the pullback read
  • Break of 58.16 opens 57.97 swing low
  • ECI 12:30 / Chicago PMI 13:45 / UoM 14:00 GMT could reshape the USD-driven move

06:47 UTC

Pullback, rolling over from highs · RSI 41 · price 58.334

Lower highs, lower lows off 59.30.

Silver rallied to 59.30 on the soft US PCE/GDP-driven dollar slide, then rolled over into a clean lower-high, lower-low sequence back to the 58.24 session low. RSI(14) cooling near 41; price sits mid-way through the 57.31–59.30 rally with the 58.56 swing high capping bounces.

Support: 58.24, 58.075, 58.00

Resistance: 58.56

What it said to watch

  • M15 close below 58.24 confirms lower low, exposes 58.075 and 58.00
  • Reclaim of 58.56 breaks the lower-high sequence
  • US ECI 12:30 GMT and UoM 14:00 GMT could reprice the dollar and shift this read

06:47 UTC

Intraday downtrend off 59.29 peak · RSI 44 · price 58.334

Lower highs, lower lows since NY peak.

Silver rolled over from the 59.29 NY peak and has ground lower through the Asia session, printing lower highs; the soft PCE/GDP-driven rebound has stalled. Price sits at 58.33 below EMA20/50, session low 58.24 tested and holding for now, RSI(14) mid-40s.

Support: 58.24, 58.09

Resistance: 58.56

What it said to watch

  • Reclaim of 58.56 needed to break the lower-high sequence
  • M15 close below 58.24 opens 58.09 swing low
  • ECI at 12:30 GMT could shift the USD read materially

06:32 UTC

Intraday pullback, bouncing off lows · RSI 46 · price 58.457

Lower highs from 59.30, recovery off 58.24.

XAGUSD slid from the 59.30 session high through Asian hours to 58.24 as the post-PCE USD-driven rally faded, printing a chain of lower highs. Buyers stepped in at 58.24 into the London open and price recovered to 58.46; descending highs still cap below 58.64.

Support: 58.24, 58.00

Resistance: 58.64

What it said to watch

  • M15 close above 58.64 breaks the lower-highs sequence
  • Failure to hold 58.24 confirms a lower low, exposes 58.00
  • ECI 12:30 GMT and UoM sentiment 14:00 GMT could shift USD and this read

06:32 UTC

Intraday pullback off the NY high · RSI 55 · price 58.457

Lower highs since 59.29, holding above 58.24.

Silver rallied to a NY-session high of 59.29 on the soft PCE/GDP-driven USD slide, then rolled over to 58.24 and is now bouncing back near 58.46 into the Asia-London transition. RSI mid-range at ~54 and price sits below both EMAs — the pullback is intact until 58.64 is reclaimed.

Support: 58.24

Resistance: 58.64

What it said to watch

  • M15 close back above 58.64 would end the lower-high sequence
  • Break of 58.24 session low exposes 58.00
  • ECI 12:30 / Chicago PMI 13:45 / UoM 14:00 UTC could shift this read

06:17 UTC

Downtrend, bounce off session low · RSI 44 · price 58.411

Lower highs, lower lows since NY high.

Silver rolled over from the 59.29 NY session high, printing a clean lower-high, lower-low chain into London. Early London swept the 58.24 low and buyers stepped in, lifting price to 58.41; RSI(14) mid-40s, still below EMA20/50.

Support: 58.24, 58.00

Resistance: 58.60, 59.29

What it said to watch

  • Reclaim above 58.60 breaks the lower-high sequence
  • M15 close below 58.24 opens the 58.00 handle
  • UoM sentiment/inflation expectations 14:00 UTC and ECI 12:30 UTC could shift this read via USD

06:17 UTC

Pulling back from session high · RSI 43 · price 58.411

Lower highs since 59.30, testing 58.24 support.

Silver rallied through the NY session to 59.30 on the soft PCE/GDP-driven USD slide, but has since bled lower into Asia hours, printing lower highs and now sitting at 58.41 just above the 58.24 session low. RSI(14) mid-range near 43, with price under both EMA20 and EMA50 — momentum has rolled over short term.

Support: 58.24, 58.00

Resistance: 58.64, 59.297

What it said to watch

  • Reclaim above 58.64 breaks the lower-high sequence
  • Break of 58.24 session low exposes the 58.00 round number
  • US ECI 12:30 / Chicago PMI 13:45 / UoM 14:00 UTC could shift this read

06:03 UTC

Downtrend, pullback off session high · RSI 41 · price 58.342

Lower highs, lower lows since 59.24 top.

Silver faded from the $59.24 three-day high through the Asian session, carving lower highs and lower lows into 58.24 before basing near 58.34. The PCE/GDP-driven USD softness fuelled yesterday's rally but momentum has cooled, RSI(14) mid-40s and price now below both EMAs.

Support: 58.24, 58.00

Resistance: 58.60, 59.24

What it said to watch

  • Reclaim of 58.60 negates the lower-high sequence
  • Loss of 58.24 exposes 58.00 round number
  • Chicago PMI / UoM sentiment at 13:45-14:00 GMT could shift this read

06:03 UTC

Downtrend, pullback from highs · RSI 40 · price 58.342

Lower highs/lows off 59.24 top.

Silver rolled over from the three-day high at 59.24 through the Asian session and is grinding lower into early London, now testing the 58.24 area with RSI(14) sub-40. The softer PCE/GDP dollar tailwind that drove the rally has faded, leaving a clean lower-high chain from 59.24 down through 58.64.

Support: 58.24, 57.90

Resistance: 58.64, 59.24

What it said to watch

  • M15 close below 58.24 opens 57.90
  • Reclaim of 58.64 negates the lower-high sequence
  • ECI 12:30 GMT, Chicago PMI/UoM 13:45-14:00 GMT could shift this read

05:47 UTC

Pullback from highs, intraday downtrend · RSI 45 · price 58.392

Lower highs off 59.24, holding above session low 58.33.

Silver topped at 59.24 during NY hours after the soft PCE/GDP-driven USD leg lower, then rolled over into the Asian session, printing lower highs down to the 58.33 session low. Current 58.39 sits below EMA20/50 with RSI mid-range; the bounce to 58.76 has faded.

Support: 58.33, 58.10

Resistance: 58.76, 59.24

What it said to watch

  • M15 close below 58.33 opens 58.10 swing low
  • Reclaim of 58.76 negates the lower-high sequence
  • US ECI / Chicago PMI / UoM data 12:30-14:00 GMT could reshape this read

05:47 UTC

Downtrend, off session high · RSI 43 · price 58.392

Lower highs since $59.24 peak.

Silver rolled over from the $59.24 session high after yesterday's PCE-driven rally and is grinding lower through Asian hours, now at 58.39 under EMA20/50. A sequence of lower highs (58.76, 58.64) frames the pullback, with the 58.30 swing low the immediate floor.

Support: 58.295, 58.10

Resistance: 58.64, 58.76

What it said to watch

  • M15 close below 58.295 swing low exposes the 58.10 prior low
  • Reclaim of 58.76 swing high negates the lower-high sequence
  • US ECI / Chicago PMI later today could shift this read

05:32 UTC

Pullback off highs, basing · RSI 52 · price 58.556

Faded from 59.30, double bottom at 58.33.

Silver ran to 59.30 during NY hours on soft PCE/GDP-driven USD weakness, then faded ~90c into a 58.33 double bottom through the Asia session. Price is now reclaiming toward 58.60 with RSI(14) back near neutral; 58.76 recent high is the first level to watch.

Support: 58.33

Resistance: 58.76, 59.00, 59.24

What it said to watch

  • Reclaim of 59.00 round number reopens the 59.24 session high
  • Failure to hold the 58.33 double bottom exposes lower toward 58.00
  • US ECI, Chicago PMI and UoM inflation expectations later today could shift this read

05:32 UTC

Pullback off session high, recovering · RSI 50 · price 58.556

Lower high at 59.29, holding above 58.33 low.

Silver rallied to a three-day high 59.29 on post-PCE dollar weakness, then faded to 58.33 before recovering into the Asia session. Price is now chopping around EMA20 near 58.56, RSI(14) neutral in the low 50s after cooling from the highs.

Support: 58.325, 58.10

Resistance: 58.758, 59.03

What it said to watch

  • Reclaim of 58.76 reopens the path to 59.03
  • Failure to hold 58.325 exposes 58.10
  • Chicago PMI / UoM (13:45-14:00 UTC) could shift the read

05:17 UTC

Downtrend fading, recovering off lows · RSI 53 · price 58.625

Pullback from 59.24 into a double-bottom bounce.

Silver rallied to a 59.24 three-day high on the soft US PCE/GDP-driven dollar slide, then faded through the session to a 58.29 double-bottom before recovering to 58.62. Price now sits just under EMA20 with RSI(14) back near midline; range-bound between 58.29 and the 58.758 session high in early London.

Support: 58.29

Resistance: 58.758, 59.00, 59.24

What it said to watch

  • Reclaim of 58.758 session high, then 59.00 psych, reopens the 59.24 3-day high
  • Failure to hold the 58.29 session low confirms a lower low
  • US ECI (12:30 GMT) and UoM inflation expectations could shift this read

05:17 UTC

Uptrend, pullback recovering · RSI 56 · price 58.625

Higher lows off 58.32 after fade from 59.24.

Silver ran to a three-day high 59.24 on the softer PCE/GDP-driven USD weakness, then faded through the Asia session to 58.32 where demand stepped in. Price is now grinding back up on higher lows to 58.62, with RSI(14) recovered to the mid-50s.

Support: 58.325, 58.00

Resistance: 59.00, 59.24

What it said to watch

  • Reclaim of 59.00 psych opens a retest of the 59.24 three-day high
  • Failure to hold 58.32 swing low exposes 58.00
  • London open plus US ECI at 12:30 GMT could shift the intraday read

05:04 UTC

Pullback within intraday rally, bouncing · RSI 48 · price 58.654

Lower highs off 59.30, double bottom near 58.30.

Silver ran from 57.20 to a 59.30 session high on the softer US PCE/GDP-driven dollar slide, then faded through the session to 58.325 where a double bottom formed. Asia hours are seeing a shallow bounce back to 58.65, holding above EMA20 but capped under the 58.75 swing.

Support: 58.325

Resistance: 58.75, 59.00, 59.24

What it said to watch

  • Reclaim of 59.00 psych reopens the 59.24 session high
  • Failure to hold 58.325 session low confirms a lower low toward 58.00
  • US ECI/Chicago PMI/UoM later today could shift this read

05:04 UTC

Pullback within uptrend, recovering · RSI 55 · price 58.654

Rally to 59.29, pullback to 58.33, higher lows forming.

Silver rallied to a session high of 59.29 during NY hours on soft PCE/GDP-driven USD weakness, then faded to 58.33 into the Asia session. Price is grinding back up on a short chain of higher lows, RSI(14) neutral near 55 with the recovery holding above the 58.50 pivot.

Support: 58.33, 58.50, 58.00

Resistance: 59.00, 59.29

What it said to watch

  • Reclaim of 59.00 reopens the 59.29 session high
  • Failure to hold 58.33 session low exposes 58.00
  • ECI 12:30 and Chicago PMI / UoM 13:45-14:00 GMT could shift this read

04:47 UTC

Pullback off highs, bouncing · RSI 46 · price 58.576

Lower highs from 59.24, base building near 58.30.

Silver rallied to a 3-day high of 59.24 on soft US PCE/GDP-driven dollar weakness, then faded through the Asian session to a double bottom near 58.30. Price is now recovering to 58.58, still below the EMA20/50 cluster with RSI(14) mid-range.

Support: 58.30, 58.10

Resistance: 58.76, 59.24

What it said to watch

  • Reclaim of 58.76 opens a retest of the 59.24 high
  • Loss of 58.30 confirms a lower low and exposes 58.10
  • ECI (12:30 UTC) and UoM inflation expectations (14:00 UTC) could shift this read

04:47 UTC

Uptrend faded, pulling back · RSI 51 · price 58.576

Recovery off session low after rejection of 59.30.

Silver rallied to a three-day high at 59.30 on broad USD weakness after soft PCE/GDP, then faded to 58.33 where buyers stepped in, recovering to 58.58. RSI(14) back to mid-range near 51 with price holding above the session low but capped under 58.80.

Support: 58.325, 58.00

Resistance: 58.80, 59.00, 59.297

What it said to watch

  • Reclaim of 58.80–59.00 reopens the 59.30 session high
  • Loss of 58.33 exposes the 58.00 psych level
  • US ECI / Chicago PMI / UoM sentiment later today could shift this read

04:32 UTC

Pullback from session high, easing · RSI 44 · price 58.513

Lower highs off 59.24, higher lows forming near 58.33.

Silver rallied to a session high of 59.24 on soft PCE and USD weakness, then rejected and pulled back through the NY-Asia handover to 58.33. Price is stabilizing near 58.51 with small higher lows and RSI recovering from the low 40s.

Support: 58.325, 58.10

Resistance: 58.76, 59.03, 59.24

What it said to watch

  • Reclaim of 58.76 lower high needed to reopen the 59.03 prior high
  • Close below 58.325 swing low exposes 58.10 prior low
  • US ECI/Chicago PMI/UoM 12:30-14:00 GMT could shift this read

04:31 UTC

Intraday pullback off session high · RSI 44 · price 58.513

Lower highs since 59.24 peak, bouncing at 58.32.

Silver rallied to a 59.24 session high on the softer PCE / weak GDP dollar sell-off, then rolled over into a chain of lower highs and faded to 58.32. Price is bouncing modestly to 58.51 in early Asia hours, still capped by the descending highs and holding below EMA20/50.

Support: 58.32, 58.10

Resistance: 58.76, 59.00, 59.24

What it said to watch

  • M15 close above 58.76 would break the lower-high sequence and open a retest of 59.00
  • Failure to hold 58.32 exposes 58.10 next
  • ECI, Chicago PMI and UoM data later today could shift this read

04:17 UTC

Pullback off session high, momentum soft · RSI 43 · price 58.438

Lower highs since 59.30, holding 58.33.

Silver faded from the 59.30 session high through the Asia session after its PCE-driven rally, stacking lower highs into 58.33 where a small bounce lifted price to 58.44 — right on the 38.2% fib of the 57.03-59.30 up-move. RSI(14) mid-40s, momentum cooling but not stretched.

Support: 58.33, 58.10

Resistance: 58.75, 59.30

What it said to watch

  • M15 close back above 58.75 pivot breaks the lower-high chain
  • Failure to hold 58.33 session low exposes 58.10 swing low
  • ECI / Chicago PMI / UoM (13:45-14:00 GMT) could reset this read

04:17 UTC

Pullback from $59.24, lower highs · RSI 43 · price 58.438

Lower highs, probing session lows.

Silver rallied to $59.24 overnight on the soft US PCE/GDP-driven dollar sell-off, then faded steadily through the Asia session into current 58.44. Price is grinding lower highs and just carved a session low at 58.29; last few bars have stalled in a tight 58.33-58.45 range under EMA20.

Support: 58.295, 58.10, 58.00

Resistance: 58.75, 59.00

What it said to watch

  • M15 close below 58.29 confirms a lower low, exposing 58.10 then 58.00
  • Reclaim of 58.75 needed to challenge 59.00 and repair the down-leg
  • ECI / Chicago PMI / UoM inflation expectations later today could shift this read

04:03 UTC

Pullback, momentum down · RSI 37 · price 58.373

Lower highs, lower lows since 59.30 peak.

Silver's post-PCE rally to 59.30 faded through the Asia session, grinding lower in a descending channel to 58.33 with RSI(14) near 37. Price sits below EMA20/EMA50; a chain of lower highs and lower lows keeps the near-term drift down within the broader 55–62 range.

Support: 58.325, 58.00

Resistance: 58.75, 59.00

What it said to watch

  • M15 close below 58.30 opens 58.00 round number
  • Reclaim of 58.75 needed to re-challenge 59.00 psych
  • ECI / Chicago PMI / UoM later today could shift this read

04:02 UTC

Downtrend, pullback from highs · RSI 38 · price 58.373

Lower highs, lower lows since $59.29.

Silver faded from the $59.29 three-day high back to 58.37 through the Asian session, printing a clean chain of lower highs and lower lows. RSI(14) around 37, price under both EMA20 and EMA50; the post-PCE dollar-weakness rally has stalled and unwound.

Support: 58.30, 58.10, 58.00

Resistance: 58.76, 59.29

What it said to watch

  • M15 close above 58.76 breaks the lower-high chain
  • Failure to hold 58.30 exposes 58.10 then 58.00 round number
  • ECI/Chicago PMI/UoM sentiment later today could shift this read

03:47 UTC

Uptrend stalled, pulling back · RSI 39 · price 58.435

Lower highs off 59.29, drifting lower in Asia.

Silver faded from the 59.29 three-day high through the Asian session, printing lower highs and lower lows down to 58.325; price now sits near the 0.382 retrace of the 57.02–59.29 leg at 58.43. The prior rally followed yesterday's soft US Core PCE and GDP miss that pressured the dollar. RSI(14) has cooled to the high-30s as the pullback matures.

Support: 58.325, 58.10

Resistance: 58.65, 59.29

What it said to watch

  • M15 close back above 58.65 negates the lower-high sequence
  • Break of 58.325 session low opens 58.10 swing low
  • US ECI / Chicago PMI / UoM data later today could shift this read

03:47 UTC

Pullback after rally, lower highs · RSI 39 · price 58.435

Retracing from 59.30 session high, series of lower highs into Asia.

XAG rallied to a 59.30 session high through the US session after soft PCE/GDP knocked the dollar, but has since bled off ~90 pips into Asia hours, printing a chain of lower highs and lows. Price sits at 58.44 below EMA20 with RSI(14) around 39, no bounce yet from the 58.33 swing low.

Support: 58.325, 58.075

Resistance: 58.735, 59.297

What it said to watch

  • M15 close below 58.325 confirms a lower low, exposing 58.075
  • Reclaim of 58.735 needed to stall the lower-high sequence
  • UoM inflation expectations / Chicago PMI at 13:45-14:00 GMT could shift this read

03:31 UTC

Pullback off highs, downtrend on M15 · RSI 36 · price 58.399

Lower highs, lower lows since 59.24 top.

Silver rolled over from the 59.24 three-day high — made after yesterday's soft PCE/GDP-driven USD weakness — and has slid through the Asian session in a chain of lower highs and lower lows, now testing 58.33. Price sits on the 38.2% retracement of the 57.02–59.24 rally with RSI(14) cooling into the mid-30s.

Support: 58.325, 58.00

Resistance: 58.65, 59.24

What it said to watch

  • M15 close below 58.325 exposes the 58.00 psych level
  • Reclaim of 58.65 swing high negates the pullback structure
  • US ECI / Chicago PMI / UoM inflation expectations later today could shift this read

03:17 UTC

Intraday downtrend after NY rally faded · RSI 36 · price 58.352

Lower highs off 59.24, testing session low.

Silver rallied to a three-day high 59.24 during NY hours on softer PCE/GDP-driven USD weakness, then rolled over; M15 has printed a chain of lower highs and is now pressing the session low at 58.33. RSI(14) near 36 as the pullback extends.

Support: 58.325, 58.00

Resistance: 58.75, 59.24

What it said to watch

  • M15 close below 58.33 opens the path toward 58.00
  • Reclaim of 58.75 needed to break the lower-high sequence
  • ECI/UoM inflation expectations later today could re-arm USD and shift this read

03:17 UTC

Downtrend, lower highs into Asia · RSI 36 · price 58.352

Rolling over from 59.24 top, LH/LL chain.

Silver rolled over from the three-day high at 59.24 and has printed a steady chain of lower highs into the Asia session, now testing 58.32 near session lows. The prior rally rode post-PCE/GDP USD weakness, but momentum has faded with RSI(14) cooling to the mid-30s. 58.50 flipped from support to resistance as price broke lower.

Support: 58.325, 58.047

Resistance: 58.50

What it said to watch

  • Reclaim of 58.50 would break the lower-high sequence
  • Failure to hold 58.32 session low opens 58.05
  • US ECI, Chicago PMI and UoM data later today could shift this read

03:03 UTC

Pullback off session high, lower highs · RSI 37 · price 58.478

Rally rejected at 59.30, sliding lower highs/lows.

Silver rallied to a session high of 59.30 on post-PCE/GDP dollar weakness, then rolled over into a chain of lower highs through the Asia session, now trading 58.48 into the session low. RSI(14) near 37 as the pullback extends; 58.42 is the last support before 58.10.

Support: 58.42, 58.10

Resistance: 59.30

What it said to watch

  • M15 close below 58.42 confirms a lower low, exposing 58.10
  • Reclaim of 59.00 negates the pullback read
  • US ECI / Chicago PMI / UoM at 12:30-14:00 UTC could reset the intraday read

03:03 UTC

Intraday pullback off 3-day high · RSI 35 · price 58.478

Lower highs, lower lows off 59.29.

Silver rallied to a 3-day high at 59.29 on soft US PCE/GDP-driven USD weakness, then rolled over through the Asia session, grinding down to 58.48 in a chain of lower highs and lower lows. Price sits on the 38.2% retrace of the 56.92-59.29 leg with RSI(14) sub-35; the 59.00 psych level capped the advance.

Support: 58.425, 58.108, 58.00

Resistance: 58.833, 59.00

What it said to watch

  • Close below 58.425 session low opens the 50% fib at 58.108 then 58.00 round num
  • Reclaim of 58.833 swing high would stall the pullback read
  • ECI, Chicago PMI and UoM inflation expectations later today could re-shift USD and this read

02:46 UTC

Pulling back from session high · RSI 40 · price 58.53

Lower highs after 59.29 rejection.

Silver rallied through the London-NY window to a session high 59.29 on softer US PCE/GDP-driven dollar weakness, then faded into Asia and is now grinding down to 58.50 with RSI(14) near 40. Sequence of lower highs from 59.29 remains intact as the pullback develops.

Support: 58.50, 58.08

Resistance: 58.83, 59.29

What it said to watch

  • M15 close back above 58.83 negates the lower-high sequence
  • Failure to hold 58.50 exposes the 58.08 swing low
  • US ECI / UoM inflation expectations later today could re-arm the dollar and cap silver

02:32 UTC

Uptrend, pulling back · RSI 38 · price 58.611

Lower highs off session peak, drifting into support.

Silver rallied to a 59.29 three-day high on soft US PCE/GDP-driven dollar weakness, then rolled over into the Asian session, printing lower highs and fading to 58.60. RSI(14) has cooled to the high-30s as price slipped below EMA20 and back toward the 58.575 session low.

Support: 58.575, 58.50

Resistance: 59.00, 59.146

What it said to watch

  • Loss of 58.575 session low confirms a lower-low and exposes the 58.50 round level
  • Reclaim of 59.00 psych level would negate the pullback and re-open 59.146
  • UoM inflation expectations / Chicago PMI later today could shift the USD read

02:32 UTC

Uptrend stalling, pulling back · RSI 42 · price 58.611

Lower highs off 59.30 session high.

Silver rallied to a 59.30 session high on the PCE/GDP-driven dollar slide, then rejected and slipped into a lower-high sequence, now testing 58.58 in thin Asian-session liquidity. RSI has cooled to the low 40s and price has slipped below its short EMAs.

Support: 58.58, 58.40, 58.09

Resistance: 58.83, 59.13, 59.30

What it said to watch

  • M15 close below 58.58 exposes 58.40 then 58.09
  • Reclaim of 58.83 needed to re-challenge 59.13 / 59.30
  • UoM sentiment + Chicago PMI (13:45-14:00 GMT) could shift this read

02:17 UTC

Uptrend, pulling back · RSI 43 · price 58.66

Rally stalled below 59.30, retracing.

Silver rallied to a 3-day high of 59.29 on soft PCE/GDP-driven USD weakness, then rejected and drifted back to 58.66 through quiet Asian hours. Price is retracing roughly half the 58.05-to-59.29 leg; the 58.61 session low is the near-term pivot being tested.

Support: 58.61, 58.08

Resistance: 59.24, 59.06

What it said to watch

  • M15 close below 58.61 opens the path to 58.08 swing low
  • Reclaim of 59.06 puts the 59.24 high back in play
  • UoM inflation expectations / Chicago PMI later today could shift this read

02:17 UTC

Uptrend stalling, pulling back · RSI 43 · price 58.66

Lower highs after 59.29 top.

Silver rallied to a three-day high at 59.29 on soft US PCE/GDP and a weaker dollar, then faded into the Asia session with lower highs down to 58.66. Price is holding just above the 58.61 swing low; the 59.00 psych level now caps as resistance, RSI(14) cooled back to the mid-40s.

Support: 58.61, 58.28

Resistance: 59.00, 59.29

What it said to watch

  • Break below 58.61 exposes 58.28
  • M15 close back above 59.00 negates the pullback read
  • US Chicago PMI / UoM data later today could shift dollar and reprice XAG

02:03 UTC

Uptrend stalling, pulling back · RSI 44 · price 58.698

Lower highs off the 59.29 high.

Silver rallied to a 3-day high at 59.29 on soft PCE/GDP-driven USD weakness before rolling over into a twin-peak rejection near 59.24-59.29. Through the Asia session price has printed lower highs and drifted back into the 50% retrace of the up-leg around 58.67, now testing the 58.61 session low.

Support: 58.612, 58.047

Resistance: 59.128, 59.24

What it said to watch

  • M15 close below 58.61 confirms a lower low, exposing 58.05
  • Reclaim of 59.13 negates the pullback and re-tests the 59.24 high
  • US ECI / Chicago PMI / UoM data later today could shift USD and this read

02:03 UTC

Uptrend, momentum fading · RSI 41 · price 58.698

Session rally, now pulling back off highs.

Silver ran to a session high 59.29 through the prior sessions on softer US PCE/GDP pressuring the dollar, then rejected there and slid back into the Asia session, now holding above 58.61 with RSI(14) cooling near 40. Price sits below EMA20 but is still above EMA50 as the pullback develops.

Support: 58.612, 58.081

Resistance: 59.05

What it said to watch

  • M15 close below 58.61 confirms a lower low, exposes 58.08
  • Reclaim of 59.05 puts the 59.29 session high back in play
  • US ECI/Chicago PMI/UoM later today could shift dollar tone and this read

01:47 UTC

Uptrend fading into pullback · RSI 42 · price 58.663

HH/HL chain stalling below 59.29, retracing.

Silver rallied to a 59.29 three-day high through NY hours after soft PCE/GDP pressured the dollar, now fading into the Asia session toward the 58.61 session low. RSI(14) has cooled to the low-40s as price slipped back under the EMA20 following rejection near 59.13.

Support: 58.61, 58.08

Resistance: 59.13, 59.29

What it said to watch

  • Loss of 58.61 session low opens the path to 58.08 swing low
  • M15 close back above 59.13 recent high revives the up-move toward 59.29
  • ECI / Chicago PMI later today could reset USD tone and this read

01:46 UTC

Uptrend, momentum fading · RSI 45 · price 58.663

Pullback off session high, lower highs forming.

Silver rallied to 59.30 on broad USD weakness after soft PCE/GDP prints, then faded through the Asia session back to 58.66 with RSI(14) cooling toward mid-40s. Rejection at 59.13 stamped a lower high; price now sitting on the 58.61 swing low with EMA20 capping overhead.

Support: 58.61, 58.10

Resistance: 59.00

What it said to watch

  • M15 close below 58.61 confirms a lower low and exposes 58.10
  • Reclaim of 59.00 needed to negate the pullback read
  • US ECI / Chicago PMI / UoM data later today could shift this read

01:32 UTC

Pullback from highs, momentum down · RSI 40 · price 58.73

Lower highs after topping near 59.30.

Silver rallied to a session high of 59.30 through the NY session then rolled over into a chain of lower highs, unable to hold above the $58 pivot the digest flags. Price is now testing session lows near 58.70 in thin Asian trade, RSI(14) cooling into the low 40s.

Support: 58.68, 58.10

Resistance: 59.10, 59.30

What it said to watch

  • M15 close below 58.68 confirms a lower-low and exposes 58.10
  • Reclaim of 59.10 negates the lower-high sequence
  • US ECI / UoM inflation expectations at 14:00 UTC could shift yields and this read

01:32 UTC

Uptrend stalling, pullback in play · RSI 42 · price 58.73

Lower highs off session high, consolidating below 59.00.

NY session drove silver to a 59.29 session high before fading, and the Asia session has drifted lower into a 58.68–59.15 range with RSI(14) cooling near 42. Price now sits below EMA20 after repeated rejection under 59.00; volume thin into the Asian hours.

Support: 58.68, 58.55

Resistance: 59.00, 59.15, 59.29

What it said to watch

  • M15 close below 58.55 swing low confirms a lower-low and extends the pullback
  • Reclaim of 59.00 psych level would put the 59.29 session high back in reach
  • US ECI / UoM inflation expectations at 14:00 UTC could shift this read

01:16 UTC

Uptrend, momentum fading · RSI 43 · price 58.761

Pullback from session high after NY rally.

Silver rallied through NY hours to a session high of 59.29 then faded, unable to hold above the 59.00 psych level as US yields capped upside. The Asia session is drifting lower on thin volume, price now pinned at the 58.75 support with RSI(14) cooling to the mid-40s.

Support: 58.75, 58.55

Resistance: 59.00, 59.29

What it said to watch

  • M15 close below 58.75 exposes the 58.55 swing low
  • Reclaim of 59.00 puts the 59.29 session high back in play
  • ECI 12:30 UTC and UoM inflation expectations 14:00 UTC could shift this read

01:04 UTC

Uptrend, momentum cooling · RSI 46 · price 58.908

Pullback from session high, holding above rising support.

Silver ran from 57.03 to a session high of 59.30 through London-NY hours, then rejected back below the 59.00 psych level as it failed to hold above $58's 21-day SMA cited in the macro read. Asian session is now grinding sideways 58.78–59.10, RSI(14) cooled to the mid-40s and price slipped under EMA20.

Support: 58.778, 58.55

Resistance: 59.297, 59.00

What it said to watch

  • M15 close above 59.30 resumes the intraday uptrend
  • Failure to hold 58.78 exposes 58.55 swing low
  • US ECI 12:30 GMT and UoM inflation expectations 14:00 GMT could shift this read

01:04 UTC

Uptrend, momentum slowing · RSI 47 · price 58.908

Rally faded, consolidating below session high.

Silver ground higher through London/NY to a 59.297 session high before rejecting and fading back below 59.00, with RSI cooling toward neutral. Price is now drifting near 58.90 in early Asia hours, holding above the 58.78 swing low.

Support: 58.778, 58.64

Resistance: 59.05, 59.297

What it said to watch

  • M15 close above 59.297 resumes the intraday uptrend
  • Failure to hold 58.778 confirms a lower low toward the 58.64 prior pivot
  • UoM inflation expectations / ECI at 14:00 UTC could shift this read

00:47 UTC

Uptrend stalling, pulling back · RSI 46 · price 58.874

Higher highs into 59.30, now fading below 59.00.

Silver ran from 57.03 up to 59.30 through the NY session but is now fading in thin Asian trade to 58.87, unable to hold the $59 pivot. RSI(14) has cooled to the mid-40s as the last leg of higher highs rolls over below EMA20.

Support: 58.80, 58.56

Resistance: 59.10, 59.30

What it said to watch

  • M15 close below 58.56 breaks the intraday higher-low chain
  • Reclaim of 59.10 puts the 59.30 session high back in play
  • ECI 12:30 UTC and UoM inflation expectations 14:00 UTC could shift this read

00:47 UTC

Uptrend, momentum fading · RSI 43 · price 58.874

Pullback from session high.

Silver ran from 57.03 to a 59.29 session high through the NY session, then faded and is now grinding the lower end of a 58.82-59.10 range with RSI(14) back near 43. Rejection at 59.29 capped the advance; buyers have defended 58.82 into the Asia session.

Support: 58.82, 58.55

Resistance: 59.10, 59.29

What it said to watch

  • M15 close below 58.82 exposes 58.55 and the rising support
  • Reclaim of 59.10 puts the 59.29 high back in play
  • UoM inflation expectations 14:00 UTC could shift this read

00:32 UTC

Uptrend, momentum flattening · RSI 54 · price 58.988

Consolidating near session highs after rally.

XAG ran from 57.03 to 59.30 through the London-NY session, then stalled; Asia hours are grinding sideways between 58.89 and 59.30 with price hugging the 59.00 round number. RSI(14) has cooled to the mid-50s as the impulse fades, and the 59.30 session high has capped two attempts.

Support: 58.894, 59.00

Resistance: 59.297

What it said to watch

  • M15 close above 59.30 reopens the highs and extends the uptrend
  • Loss of 58.89 confirms a lower-low and ends the consolidation
  • US ECI / UoM inflation expectations at 12:30-14:00 UTC could shift yields and this read

00:32 UTC

Uptrend, momentum stalling near highs · RSI 52 · price 58.988

Consolidation below session high after clean rally.

Silver ran from ~57.10 through the London-NY window to a session high 59.24, then rolled into a tight 58.95-59.15 band during thin Asia hours. RSI(14) has cooled back to neutral off the highs; price now pinned just under the 21-day area near $59 flagged in the wider $55-$62 range.

Support: 58.95

Resistance: 59.24, 59.15

What it said to watch

  • M15 close above 59.24 opens continuation; loss of 58.95 confirms a lower-low
  • US ECI 12:30 and UoM inflation expectations 14:00 GMT could shift this read

00:17 UTC

Uptrend, momentum slowing · RSI 58 · price 59.088

Consolidating below session high after impulsive rally.

Silver ran from 57.00 to a 59.30 session high through the London-NY sessions and has since stalled, consolidating in a tight 58.99-59.15 band into thin Asia hours. The advance tracked USD softness post-GDP miss, but price is unable to reclaim 59.15 and momentum is cooling from the highs.

Support: 58.99, 58.89, 58.64

Resistance: 59.15, 59.30

What it said to watch

  • M15 close above 59.30 session high reopens the upside
  • Failure to hold 58.89 swing low exposes the 58.64 pivot
  • UoM inflation expectations Fri 14:00 UTC could shift this read

00:16 UTC

Uptrend, momentum cooling · RSI 56 · price 59.088

Consolidating below session high after rally.

Silver climbed steadily from ~57.00 to a session high at 59.30 before stalling, and now chops between 58.95 and 59.15 in thin Asia-session trade. RSI(14) has cooled to the mid-50s as the advance loses pace; long-end US yields remain the cap on any push back above 59.30.

Support: 58.95, 58.64

Resistance: 59.15, 59.30

What it said to watch

  • M15 close above 59.30 reopens continuation higher
  • Loss of the 58.95 range floor exposes the 58.64 swing low
  • UoM inflation expectations (Fri 14:00 UTC) could shift the read

00:03 UTC

Uptrend, momentum cooling · RSI 56 · price 59.003

Consolidating below session high after impulse.

Strong intraday uptrend drove XAG from 56.94 to a 59.297 session high during the London-NY window, then a small gap higher into the rollover. Asia session is now consolidating in a tight 58.89-59.15 band just under $59, RSI(14) cooling back to mid-50s after topping out.

Support: 58.894

Resistance: 59.15, 59.297

What it said to watch

  • M15 close above 59.297 reopens continuation higher
  • Failure to hold the 58.894 pullback low breaks the consolidation
  • Fri UoM inflation expectations (14:00 UTC) could shift the read via yields

00:03 UTC

Uptrend, momentum flattening · RSI 56 · price 59.003

Consolidating just under session high after strong rally.

Silver rallied steadily through the window from 57.04 to a 59.30 high, then stalled and is now consolidating in a tight 58.90-59.15 band near the highs. A small session gap up preceded the flattening; RSI(14) has cooled to the mid-50s as the drive lost pace, in line with the broader heaviness capping rallies near $58-59.

Support: 58.89, 58.64

Resistance: 59.30

What it said to watch

  • M15 close above 59.30 extends the rally
  • Failure to hold 58.89 opens 58.64
  • Fri ECI / UoM inflation expectations (14:00 UTC) could shift this read

All markets that day · Today’s XAG/USD Live Scan in the terminal