Silver's week rally peaked at 59.30 mid-week before a two-session slide dragged it to 57.02 as 10y yields and the USD rebounded, reversing the soft-PCE bid. Price has since carved a set of higher lows back to 57.90 but remains capped under the 58.30 prior high, keeping the tape range-bound. RSI(14) has cycled back to the mid-line after the sell-off.
Support: 57.02
Resistance: 58.30, 59.30
What it said to watch
H1 close below 57.02 exposes the 56.64/54.77 downside
Reclaim of 58.30 needed to re-approach the 59.30 week high
ISM Manufacturing PMI Mon 14:00 UTC could shift this read
Silver ran to a 59.30 weekly high during the NY session before rolling over as 10-year yields rebounded and the USD reclaimed 100.00, dragging price back toward the lower half of this week's range. The decline printed a string of lower highs off 59.30 and probed 57.07 before demand stepped in, with the last few bars stabilising back near EMA(20) around 57.90. RSI(14) has cycled back to the mid-point after basing near oversold at the 57.07 low.
Support: 57.07, 56.73
Resistance: 58.30, 59.30
What it said to watch
H1 close below 57.07 confirms a lower-low and exposes the 56.73 week low
Reclaim of 58.30 challenges the declining lower-high structure
ISM Manufacturing PMI Mon 14:00 UTC could materially shift this read
Silver rallied to a week high of 59.30 midweek before rolling over toward 57.0, a move tied to the USD and 10y yield rebound reversing Thursday's soft-PCE relief bid. Price has since carved out lower highs from that peak while demand held twice around 57.0, and the last few hours show a modest recovery back to 57.97, just under the EMA(20). RSI(14) sits mid-range near 50 after the bounce off the lows.
Support: 57.05, 56.64
Resistance: 58.64, 59.30
What it said to watch
H1 close above 58.64 reopens the 59.30 week high
Failure to hold 57.05 exposes 56.64 then the 54.77 yearly low
ISM Manufacturing PMI Mon 14:00 UTC could reset this read
Silver rolled over from Thursday's twin 59.24/59.29 peaks and slid into the lower half of the range, bottoming near 57.07 before this NY-session bounce back to EMA(20). The ~1.7% fade tracked a rebound in Treasury yields and USD as the market leans into a hawkish-hold Fed. RSI(14) is cycling in the mid-40s and price is now pressing the descending sequence of lower highs.
Support: 57.07
Resistance: 58.30
What it said to watch
H1 close above 58.30 invalidates the lower-high structure
Failure to hold 57.07 confirms the double-top neckline break
ISM Manufacturing PMI Mon 14:00 UTC could materially shift this read
18:03 UTC
Downtrend, bounce off lows · RSI 45 · price 57.869
Lower highs from wk peak, basing near 57.
Silver rolled over from Wednesday's 59.30 peak, shedding lower highs into a 57.07 base as a hawkish Fed pause firmed the USD and yields. Price is pinned below both EMA(20) and EMA(50), but a double-bottom near 57.0 has produced a bounce back to 57.90 into the NY session. RSI(14) has lifted off oversold to the mid-40s without reclaiming momentum.
Support: 57.07, 56.64
Resistance: 58.20, 59.30
What it said to watch
H1 close below 57.07 exposes the 56.64 range floor
Reclaim of 58.20 ema20 needed to ease downside pressure
ISM Manufacturing PMI Mon 14:00 UTC could shift this read
Silver rolled over from Thursday's 59.29 peak, printing successive lower highs into Friday as the USD firmed on the hawkish-Fed narrative and softer core PCE failed to override it. Price sits below EMA(20) with RSI cycling in the mid-40s, capped repeatedly around the 58.30 lower-high line. A bounce off 57.07 has lifted price back to 57.87, still inside the down-leg.
Support: 57.07, 56.64
Resistance: 58.30, 59.29
What it said to watch
H1 close above 58.30 breaks the lower-high sequence
Failure to hold 57.07 opens 56.64 range support
ISM Manufacturing PMI Mon 14:00 UTC could shift this read
17:04 UTC
Downtrend, lower highs · RSI 38 · price 57.441
Lower highs and lower lows since Wed peak.
Silver rolled over from the week's 59.30 high and has printed a clean chain of lower highs into the NY session, now trading sub-58 at 57.44. Price sits below both EMA(20) and EMA(50) with RSI(14) pinned in the high-30s, reflecting the hawkish Fed pause lifting yields and the USD. The 57.00–57.02 day low is the immediate structural floor after the drop through the $58 pivot.
Support: 57.015, 56.64
Resistance: 58.05
What it said to watch
H1 close back above 58.05 would break the lower-high sequence
Failure to hold 57.00 opens 56.64 then the yearly low
ISM Manufacturing PMI (Mon 14:00 UTC) could reset this read
17:04 UTC
Downtrend, rolling over from weekly high · RSI 41 · price 57.441
Lower highs since peak near 59.30.
Silver rolled over from the weekly high near 59.30 through the NY session, sliding ~1.6% as firm US yields and a hawkish Fed pause kept the USD bid. Price has slipped below EMA20 with RSI(14) around 40, and lower highs have printed on each bounce this week. The 58.14 prior high now caps, while 57.07 marks the session floor being tested.
Support: 57.07, 56.64
Resistance: 58.14
What it said to watch
H1 close below 57.07 opens the 56.64 psych level and yearly low at 54.77
Reclaim of 58.14 needed to challenge the lower-highs structure
ISM Manufacturing PMI Mon 14:00 UTC could materially shift this read
16:03 UTC
Downtrend after week-high rejection · RSI 43 · price 57.447
Rolling over from 59.30, lower highs.
Silver rolled over from the 59.30 week high and has been grinding lower into the NY session, now testing 57.4 after a hawkish Fed pause lifted yields and the USD. Twin peaks near 59.2–59.3 and the subsequent break of the 58.00 pivot leave price below both EMA(20) and EMA(50), with RSI(14) sub-50. Buyers stepped in near 57.02 to stall the slide.
Support: 57.015, 56.64
Resistance: 58.00, 59.30
What it said to watch
H1 close below the 57.015 swing low opens the 56.64 support
Reclaim of the 58.00 pivot needed to challenge the lower-highs sequence
ISM Manufacturing PMI (Mon 14:00 UTC) could reset this read via USD/yields
16:03 UTC
Downtrend, rolling over from week high · RSI 42 · price 57.447
Lower highs since double top near 59.30.
Silver rolled over from a double top near 59.30 and has bled lower through the back half of the week, printing lower highs and slipping below both the EMA20 and EMA50 as the hawkish-Fed narrative kept the USD and yields firm. Price now sits under the 58.00 pivot with RSI in the low-40s; the 57.02 day low was defended into the NY session with a small bounce back to 57.45. Prior high at 58.64 and the 59.30 week high mark the descending supply above.
Support: 57.015, 56.64
Resistance: 58.00, 58.64, 59.30
What it said to watch
H1 close below 57.02 day low opens the 56.64 psych area
Reclaim of the 58.00 pivot needed to challenge the lower-high structure
ISM Manufacturing PMI Mon 14:00 UTC could materially shift this read
15:03 UTC
Downtrend off week high · RSI 39 · price 57.439
Lower highs, lower lows since $59.30 peak.
Silver has rolled over from the week high near $59.30 in a steady sequence of lower highs, trading back to $57.44 with price below both EMA20 and EMA50 as the post-FOMC USD bounce and firm yields pressure the metal. The leg into $57.02 marks the session low, and RSI(14) sits in the high-30s reflecting the sustained fade rather than a washed-out extreme. Rejection at $59.30 and the ~$58.10 shelf now caps rebound attempts.
Support: 57.015, 56.64
Resistance: 58.10, 59.30
What it said to watch
H1 close below 57.02 then 56.64 opens the path toward the yearly low at 54.77
Reclaim of 58.10 needed to challenge the lower-high structure
ISM Manufacturing PMI Mon 14:00 UTC could materially shift this read via USD/yields
Silver has been rolling over since the 59.30 week high, carving lower highs into the NY session as the USD firmed on residual Fed-hike bets. Price is trading below both EMA20 and EMA50 with RSI(14) sub-40, and the 57.02 swing low was defended on the latest push before a shallow bounce to 57.44. The 58.00 round level now caps the recovery attempts.
Support: 57.02, 56.79, 56.64
Resistance: 58.00, 59.30
What it said to watch
H1 close below 57.02 swing low opens the 56.64 wk support then week low at 56.79
Reclaim of 58.00 round level breaks the lower-high sequence
ISM Manufacturing PMI Mon 14:00 UTC could reset this read
14:03 UTC
Downtrend, momentum down · RSI 34 · price 57.235
Lower highs, lower lows since Friday high.
Silver has trended lower since Friday's 59.30 week high, printing a steady sequence of lower highs and lower lows into the NY session with price now below both EMA(20) and EMA(50). The break under the 58.00 round number accelerated the slide toward the 57.07 session low, as the softer core PCE bounce faded and the USD firmed on hawkish-Fed pricing. RSI(14) sits in the mid-30s, tracking the downside momentum.
Support: 57.07, 56.64
Resistance: 58.00, 59.30
What it said to watch
H1 close back above 58.00 would neutralise the lower-high sequence
Loss of 57.07 session low opens the 56.64 prior support
UoM inflation expectations at 14:00 UTC could shift USD and reprice this move
Silver has carved a clean sequence of lower highs and lower lows since the 59.29 peak Friday, sliding back toward the 57.00 handle as the USD short-cover bounce and hawkish-hold Fed capped the metals bid. Price now trades below both EMA(20) and EMA(50), with the prior 57.62 shelf flipping to resistance after this session's break. RSI(14) sits in the mid-30s, reflecting one-way pressure into the current NY hours.
Support: 57.07, 56.64
Resistance: 57.62
What it said to watch
H1 close below 57.07 opens the path toward 56.64 support
Reclaim of 57.62 would neutralise the lower-high sequence
UoM inflation expectations at 14:00 UTC could shift the read via USD
13:04 UTC
Downtrend, rolling off week high · RSI 35 · price 57.305
Lower highs since double top near 59.30.
Silver twice stalled near the 59.30 week high midweek and has been grinding lower since, printing a fresh session low at 57.26 as the Dollar tried to snap its losing streak and hawkish-hike bets firmed. Price now sits below both EMA20 and EMA50 with RSI(14) pressed into the mid-30s, and the 58.10 prior high has capped the last bounce attempt. The 56.83 swing low is the next reference into the lower end of the week's range.
Support: 57.26, 56.83, 56.64
Resistance: 58.10, 59.30
What it said to watch
H1 close below 56.83 swing low exposes the 56.64 range base
Reclaim of 58.10 prior high would negate the lower-high sequence
Chicago PMI (13:45) and UoM inflation expectations (14:00) could shift this read
13:04 UTC
Downtrend, pullback from week high · RSI 35 · price 57.305
Lower highs off 59.30 double top, testing prior demand.
Silver twin-topped near 59.30 into Friday and has bled lower through the day, trading back to 57.30 near the weekly open as the Dollar tried to snap its losing streak and hike bets firmed. Price sits below EMA(20) and EMA(50) with RSI(14) around 34, so Thursday's soft-PCE bounce has now fully retraced. Demand around 57.05 is the near-term structural floor after the slide.
Support: 57.05, 56.64
Resistance: 58.10, 59.29
What it said to watch
H1 close below 57.05 confirms a lower low toward 56.64
Reclaim of 58.10 (EMA20) needed to negate the decline
Chicago PMI 13:45 UTC and UoM inflation expectations 14:00 UTC could shift this read
12:03 UTC
Pullback off week high, momentum down · RSI 41 · price 57.786
Lower highs since peak, testing support.
Silver rallied toward the $59.29 week high mid-window then rolled over, carving lower highs back to $57.79 and slipping under both EMA20 and EMA50. The fade tracks a Dollar bounce off its six-week low and firming September rate-hike bets, unwinding part of Thursday's soft-PCE pop. The $57.63 session low is the immediate floor being probed into the US session.
Support: 57.63, 56.94, 56.64
Resistance: 58.44, 59.29
What it said to watch
UoM inflation expectations at 14:00 GMT could reprice Fed-hike odds and shift this read
H1 close below 57.63 exposes 56.94 then the 56.64 range base
Reclaim of 58.44 needed to challenge the sequence of lower highs
Silver has faded steadily from the 59.24 week high back toward 57.80, giving up most of the mid-week rally as the Dollar snapped a three-day slide and September Fed-hike bets firmed. Price sits below both EMA(20) and EMA(50) with RSI(14) sub-42, and the sequence of lower highs off 59.29 remains intact. The move keeps XAG mid-range within the broader $55-62 structure flagged this week.
Support: 57.635, 57.044
Resistance: 58.30, 59.24
What it said to watch
H1 close below 57.635 exposes the 57.04 prior low
Reclaim of the 58.30 EMA(20) would neutralise the lower-high sequence
Chicago PMI (13:45 GMT) and UoM inflation expectations (14:00 GMT) could materially shift this read
11:03 UTC
Pulling back from weekly high, lower highs · RSI 41 · price 57.826
Double-top near 59.30, retracing into range.
Silver rejected a double-top near 59.30 built across two NY-session pushes and has faded ~1.5 back to 57.83, slipping below EMA20 as a firmer Dollar and hawkish-hike bets pressured the metal. The prior run higher off 56.73 has retraced past its midpoint, with lower highs now capping each bounce. Softer Core PCE cushioned Thursday's spike, but H1 momentum has rolled over into today.
Support: 57.75, 57.10, 56.64
Resistance: 58.40, 59.30
What it said to watch
H1 close below 57.10 confirms a lower low and exposes the range support at 56.64
Reclaim above 58.40 negates the lower-high sequence
UoM inflation expectations at 14:00 GMT could shift the Dollar and this read
Silver has faded steadily off Thursday's 59.30 weekly high, printing lower highs into the NY session as a hawkish-but-split Fed and a firmer Dollar pressured the non-yielder. Price now sits back near the 61.8% retrace of the week's 56.73-59.30 impulse around 57.80, below both EMA(20) and EMA(50), with RSI cycling in the low 40s. Softer Core PCE cushioned the earlier downside but the bounce has been sold back.
Support: 57.03, 56.83
Resistance: 58.30, 59.30
What it said to watch
H1 close below 57.03 exposes the 56.83 week low
Reclaim of 58.30 negates the lower-high sequence
UoM inflation expectations at 14:00 GMT could shift this read
10:03 UTC
Pullback from weekly high, momentum down · RSI 42 · price 57.924
Lower highs off 59.24, holding above wk low.
Silver ran into 59.24 twice this week — mid-week and again into yesterday's session — and has since ground lower, back to 57.92 and slipping below EMA20. The soft Core PCE (0.1% vs 0.2%) briefly lifted price but hawkish Fed hike bets recapped it, leaving a lower-highs sequence off the 59.24 wk high. Price now sits between the 58.64 lower high and the 57.10 swing low.
Support: 57.10, 56.83
Resistance: 58.64, 59.24
What it said to watch
H1 close below 57.10 confirms a lower low toward the 56.83 wk low
Reclaim of 58.64 lower high negates the pullback read
UoM inflation expectations at 14:00 UTC could shift this read
10:03 UTC
Pullback from week high, momentum down · RSI 39 · price 57.924
Lower highs since 59.30 peak.
Silver rolled over from Wednesday's 59.30 week high, printing lower highs into Friday as hawkish Fed dissents and a firmer Dollar recapped the rally after the soft Core PCE spike. Price now sits below EMA(20) with RSI(14) sub-40, grinding into the 57.90 shelf. That 59.30 peak matched an earlier mid-week spike near 59.25, leaving a potential double top with the 57.00 area as the reference base.
Support: 57.69, 57.00
Resistance: 58.45, 59.30
What it said to watch
H1 close below 57.69 confirms a lower-low, opening 57.00
Reclaim of EMA(20) near 58.45 negates the lower-high sequence
UoM inflation expectations at 14:00 UTC could firm the Dollar and pressure XAG
Silver rallied to a week high near 59.24 into Thursday's NY session before fading steadily, printing lower highs and slipping below EMA(20) as RSI(14) cooled toward 43. The retreat tracks a USD stabilisation off multi-week lows despite soft Core PCE and a GDP miss keeping the picture two-way. Price now holds just above the session low at 58.02 with the prior high at 58.64 capping the last bounce.
Support: 58.02, 57.60
Resistance: 58.64, 59.24
What it said to watch
H1 close below 58.02 opens the path toward the 57.60 swing low
Reclaim of 58.64 prior high needed to challenge the 59.24 week high
ECI and Michigan sentiment at 12:30/14:00 GMT could shift this read
Silver ran up to 59.30 through Thursday's NY session before fading into Friday, with price now slipping below EMA(20) and RSI(14) cooling into the mid-40s. The retreat lines up with a USD bounce off multi-week lows as the Greenback tried to snap its losing streak; the 59.30 area capped the advance and 58.64 has since acted as a lower high. Buyers have so far defended the 58.02 zone on this correction.
Support: 58.02, 57.68, 57.10
Resistance: 58.64, 59.30
What it said to watch
H1 close below 58.02 opens 57.68 then the 57.10 base
Reclaim of 58.64 needed to re-engage the 59.30 week high
ECI 12:30 GMT and UoM sentiment/inflation 14:00 GMT could shift this read
Lower highs since the 59.30 peak, retracing this week's rally.
Silver rallied to a week high near 59.30 into Thursday's NY session as soft US core PCE (0.1% MoM) and a GDP miss weakened the dollar, but the metal has since drifted back to 58.18, printing lower highs and slipping below the H1 EMA(20). The move has retraced roughly half of the 56.73–59.30 impulse, with 58.02 holding for now and RSI cooling toward the mid-40s. Broader context keeps price boxed inside its $55–$62 range.
Support: 58.02, 57.70
Resistance: 58.64, 59.30
What it said to watch
H1 close below 58.02 opens the path toward 57.70 swing low
Reclaiming 58.64 prior high is needed to re-challenge the 59.30 week high
ECI, Chicago PMI and UoM sentiment/inflation expectations today could shift the USD read
08:03 UTC
Uptrend, momentum cooling · RSI 44 · price 58.182
Pullback from week high, lower highs forming.
Silver rallied through $59 into Thursday after the soft US core PCE (0.1% MoM) and GDP miss pressured the dollar, tagging a week high at 59.30 before rolling over. Price has since carved lower highs and is now retracing the week's dominant impulse, sitting on the 50% fib near 58.16 with RSI(14) unwinding from overbought. The 58.02 recent low is the immediate floor holding the pullback.
Support: 58.02, 57.72
Resistance: 58.64, 59.30
What it said to watch
H1 close below 58.02 confirms a lower-low and exposes 57.72
Reclaim of 58.64 needed to challenge the 59.30 week high
US ECI 12:30 GMT and Chicago PMI 13:45 GMT could shift the USD read this session
Silver pushed to a 59.29 week high through yesterday's NY session after soft US PCE and a GDP miss weakened the dollar, but has since rolled over and slipped back below EMA(20). Price is now testing the 58.16 session-low zone, sitting near the 50% retracement of this week's 56.73–59.29 impulse. RSI(14) has cooled back toward the mid-40s as the rebound stalls.
Support: 58.16, 57.72
Resistance: 58.64, 59.29
What it said to watch
H1 close below 58.16 exposes the 57.72 swing low
Reclaim of 58.64 puts the 59.29 week high back in play
US ECI, Chicago PMI and UoM data (12:30–14:00 GMT) could shift this read
07:03 UTC
Uptrend, pulling back · RSI 47 · price 58.184
Higher highs into 59.30, now retracing to mid-range.
Silver rallied through Thursday's NY session to a weekly high at 59.30 after soft US PCE and a GDP miss pressured the dollar, but the advance stalled and price has since slipped back below EMA(20) with RSI cooling toward 46. The pullback has now unwound to the 50% area of this week's 57.02-59.30 impulse, with 58.24 holding as the current session low. Weekly high at 59.30 capped the move and remains the level to watch.
Support: 58.24, 57.69, 57.02
Resistance: 58.64, 59.30
What it said to watch
Reclaim of 58.64 EMA(20) would re-align with the week's uptrend
H1 close below 57.69 confirms a deeper pullback and lower low
Today 12:30-14:00 GMT ECI, Chicago PMI and UoM inflation expectations could materially shift this read
Higher lows off mid-week base, pulling back from 3-day high.
Silver rallied from the mid-week $56.73 base to a three-day high of $59.30 into month-end as soft US Core PCE (0.1% MoM) and a Q2 GDP miss pressured the dollar. Price has since faded to $58.33, slipping below EMA20 and settling on the 38.2% retracement of the week's impulse, with the $58.24 day low so far holding. EMA50 still sits below, keeping the broader move constructive despite the near-term stall.
Support: 58.24, 57.70, 56.73
Resistance: 58.64, 59.00, 59.30
What it said to watch
H1 close below 58.24 opens 57.70 then the 56.73 week low
Reclaim of 58.64 and a break above 59.00 exposes the 59.30 3-day high
UoM inflation expectations / Chicago PMI later today could shift the USD read and this move
06:03 UTC
Uptrend, momentum fading · RSI 47 · price 58.335
Pullback from week high after impulse.
Silver rallied from Monday's ~56.80 base to a 59.30 week high on soft PCE/GDP-driven dollar weakness, but has since faded roughly a full dollar and slipped back below EMA(20). RSI(14) has cooled toward the midline as the pullback develops, with the 58.24 area holding into the current session. Price still sits above EMA(50), keeping the week's higher-low structure intact for now.
Support: 58.24, 57.90
Resistance: 58.75, 59.30
What it said to watch
H1 close below 58.24 exposes 57.90 and the higher-low trendline
Reclaim of 58.75 would re-engage the 59.30 week high
UoM inflation expectations at 14:00 GMT could shift dollar direction and this read
05:04 UTC
Uptrend, momentum slowing · RSI 53 · price 58.661
Higher lows off mid-week base, capped near week high.
Silver reclaimed the $59 handle into month-end after soft US Core PCE (0.1% MoM) and a Q2 GDP miss pressured the dollar, extending the recovery off the mid-week $56.73 base. The 59.30 week high capped Thursday's NY push and price has since eased back toward the 58.29 pullback low before stabilising near 58.66. EMA(20) has supported the higher-low sequence, with RSI cycling back to mid-range after the rejection at range resistance.
Support: 58.29, 57.70
Resistance: 59.30
What it said to watch
H1 close above 59.30 opens the path to the 62 range top
Failure to hold 58.29 exposes the 57.70 swing low
US ECI, Chicago PMI and UoM inflation expectations today could shift the dollar read
Silver rebounded off the 56.80 mid-week low to a 59.29 week high on soft PCE/GDP-led dollar weakness, then faded into a pullback now stabilising near 58.66. Rejection at 59.05-59.29 has capped the advance while the rising sequence of higher lows off 56.80 still holds. RSI(14) has cooled back to mid-range as price sits just under EMA(20).
Support: 58.29, 57.90, 56.83
Resistance: 59.05, 59.29
What it said to watch
H1 close above 59.29 opens the path toward the 62 range top
Failure to hold 58.29 exposes 57.90 and threatens the higher-low sequence
US ECI / UoM inflation expectations today could materially shift this read
04:03 UTC
Uptrend, momentum fading · RSI 44 · price 58.352
Higher highs into 59.30, now retracing.
Silver reclaimed the $59 handle overnight on soft US PCE/GDP-driven dollar weakness, tagging a week high at 59.30 before supply capped the move. Price has since faded back to 58.35, slipping under EMA(20) with RSI(14) rolling off toward 44. The move off mid-week's 56.80 low remains intact but momentum has clearly cooled into month-end.
Support: 58.30, 57.70, 56.80
Resistance: 59.30, 59.00
What it said to watch
H1 close below 58.30 swing low exposes 57.70
Reclaim of 59.00 psych puts the 59.30 week high back in play
ECI, Chicago PMI and UoM inflation expectations today could shift this read
04:03 UTC
Uptrend, momentum cooling · RSI 46 · price 58.352
Pullback within this-week's rebound.
Silver rebounded off the 56.80 week low mid-week to a 59.29 high before rejecting there and easing back into the NY session, now sitting on the 38.2% retracement near 58.35 after soft PCE/GDP prints pressured the dollar. RSI(14) has cooled toward 46 as price slipped below EMA(20), though the move still holds above EMA(50). The 59.00 psych and 59.29 week high capped the advance, with 58.75 the first prior high overhead.
Support: 58.00, 57.69, 56.80
Resistance: 58.75, 59.00, 59.29
What it said to watch
H1 close back above 58.75 re-engages the 59.00–59.29 zone
Failure to hold 58.00 round number exposes 57.69 swing low then 56.80 week low
US ECI, Chicago PMI and UoM inflation expectations today could shift the USD read materially
03:03 UTC
Uptrend, momentum slowing · RSI 50 · price 58.474
Higher lows, pulling back from week high.
Silver rebased off the midweek $56.80 low and ground higher into month-end, tagging a week high of 59.24 before rolling back to 58.47 as the leg lost steam. The recovery tracked USD weakness after soft Core PCE (0.1% MoM) and a Q2 GDP miss; RSI(14) has cooled toward neutral as price now sits back on EMA(20). The $58.10 consolidation shelf is the pivot for the rising-lows structure.
Support: 58.10, 57.72, 56.80
Resistance: 59.24
What it said to watch
H1 close below 58.10 breaks the rising-lows structure and exposes 57.72
Reclaim of 59.24 opens the path toward the $60/$62 range top
UoM inflation expectations / Chicago PMI at 13:45-14:00 GMT could reprice USD and shift this read
Higher highs off mid-week low, retracing from 59.30.
Silver rebounded from the 56.84 mid-week low to a 59.30 week high on soft US PCE/GDP-driven dollar weakness, but the last few hours have faded back to test EMA(20) near 58.50. RSI(14) has cooled to the low-50s after tagging overbought at the highs, and price is now working the 33–38% retracement of the week's rally. EMA(50) still sits below, keeping the broader up-leg intact while 58.10 caps the immediate downside.
Support: 58.10, 57.50, 56.84
Resistance: 59.30, 60.00
What it said to watch
H1 close below 58.10 opens the path to 57.50
Reclaim of 59.30 exposes 60.00 and the range top
UoM inflation expectations / ECI today could shift the USD read
02:03 UTC
Uptrend, momentum slowing · RSI 57 · price 58.692
Higher lows since mid-week low, stalling below 59.24.
Silver rebounded ~1.7% off the mid-week 56.73 low to reclaim $59 after soft US Core PCE (0.1% MoM) and a Q2 GDP miss pressured the dollar into month-end. Price is holding above EMA(20) but has stalled below the 59.24 week high, with the last two sessions probing 59.30 and fading back toward 58.55. Structure is a series of higher lows since mid-week, momentum easing near the range top.
Support: 58.55, 57.90, 56.80
Resistance: 59.24, 59.30
What it said to watch
H1 close above 59.30 opens the $60 area toward the $62 range top
Failure to hold 58.55 exposes 57.90 and re-tests the 56.80 week low
UoM sentiment / Chicago PMI later today could shift this read
02:03 UTC
Uptrend, momentum slowing · RSI 57 · price 58.692
Higher highs into range top, pulling back.
Silver has ground higher since the midweek $56.73 low, reclaiming $59 into month-end as soft US PCE and a Q2 GDP miss pressured the dollar. The advance stalled at $59.29 and price has faded to $58.69, holding above rising EMA(20) support near $58.05. RSI(14) has cooled from overbought as the move loses steam near the week high.
Support: 58.05, 57.69, 56.80
Resistance: 59.29
What it said to watch
H1 close above 59.29 opens the path to $60 and the $62 range top
Failure to hold 58.05 exposes the 57.69 swing low then $56.80
US ECI / Chicago PMI / UoM data today could shift the dollar read
01:04 UTC
Uptrend, near week highs · RSI 63 · price 58.895
Higher highs and higher lows, consolidating below 59.29.
Silver reclaimed the $58.00 pivot through Thursday's NY session and extended into Friday's Asia hours, printing a clean sequence of higher lows off 57.03 with RSI(14) holding above 55 on each pullback. The 59.29 area capped the latest push and price is now consolidating in the high-58s, but pullbacks have found the EMA20 rather than breaking it. Broader $55-$62 range context keeps the 21-day zone near $58 relevant on the reclaim.
Support: 58.00
Resistance: 59.29
What it said to watch
Rejection at 59.29 — area to watch for a lower high or a range break
H1 close below 58.00 breaks the rising higher-low sequence
UoM inflation expectations and ECI at 14:00 UTC could materially shift this read
Silver climbed off Thursday's ~56.73 low to a 59.30 week high as stagflationary US data (GDP miss, hot GDP price index) and a softer dollar drove the bid. Price is now consolidating just under 59 after rejection from the 59.30 area, holding well above EMA(20). RSI(14) has eased from its rally peak but stays north of 55, keeping the this-week structure constructive while the metal remains capped below prior highs.
Support: 58.00
Resistance: 59.30
What it said to watch
H1 close above 59.30 opens continuation higher
Failure to hold 58.00 pivot confirms a lower-high
UoM inflation expectations / ECI at 14:00 UTC could shift the read via yields
Higher highs and higher lows, consolidating below week high.
Silver ground higher through the NY session and into the Asia hours, printing a week high at 59.30 before stalling into a tight consolidation around 59.00. Price sits well above the $58.00 pivot that capped rallies earlier in the week, with the metal holding a run of higher lows since Thursday's 57.00 base. Volume has thinned into the range at the top, RSI(14) still elevated but flattening as the advance loses pace.
Support: 58.00
Resistance: 59.30, 60.00
What it said to watch
H1 close above 59.30 opens the path toward the 60.00 psych level
Loss of the higher-low sequence and a close below 58.00 pivot would flip the near-term structure heavy
UoM inflation expectations at 14:00 UTC could reprice yields and materially shift this read
Silver ground higher through the NY session Thursday and into Asia, clearing the $58.00 pivot / 21-day area that had capped earlier rallies and printing a week high at 59.30. Price is now consolidating in a tight 58.97–59.18 band just under that high with RSI holding in the mid-60s, momentum flattening. The advance runs against a hawkish Fed-hold backdrop and spiking long-end yields, which keeps the broader $55–$62 range in play.
Support: 58.00, 57.50
Resistance: 59.30, 60.00
What it said to watch
H1 close above 59.30 opens the $60.00 psych level
Failure to hold the 58.00 pivot exposes 57.50
Fri UoM inflation expectations / ECI could lift yields and shift this read