XAG/USD AI Live Scan, 15-minute chart, Saturday, 31 October 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.

21:46 UTC

Downtrend, late-NY bounce faded · RSI 46 · price 49.118

Lower highs and lower lows since Asia; minor pullback from session low.

Silver slid from 52.00 in Asia through London and broke the 50.00 psych level in NY as hawkish Fed hike pricing drove precious-metals liquidation. The 49.811 swing high capped the first NY bounce, and the session low at 48.851 held twice before a pop to 49.383 (late high). That pop was rejected near the 50–61.8% fib and price closed Friday near 49.12, just above the 49.03 swing low.

Support: 49.03, 48.851, 48.64

Resistance: 49.383, 49.811, 50.00

What it said to watch

  • Close above the 49.383 late high and the lower-high trendline breaks the intraday lower-high chain
  • Failure to hold the 49.03 swing low exposes the 48.851 session low; below that, the 48.64 nov support comes into focus
  • Reclaiming the 49.811 swing high and the 50.00 psych level would shift the read to a broader bounce
  • Market reopens after the weekend, so gap risk applies; ISM Manufacturing and Prices Paid on Mon 15:00 UTC could materially shift this read

17:40 UTC

Downtrend, late-NY bounce faded · RSI 45 · price 49.118

Lower highs and lower lows; tight 49.04–49.38 consolidation above session low.

Silver extended London's break below the 50.00 psych level into NY on hawkish-Fed hike bets, setting a session low at 48.851. The bounce met rejection at 49.383, between the 50% and 61.8% fib of the drop from the 49.811 swing high. Late NY is drifting back toward the 49.04 pullback low, below EMA20, with RSI(14) neutral near 45.

Support: 49.037, 48.851, 48.64

Resistance: 49.383, 49.811, 50.00

What it said to watch

  • An M15 close above the 49.383 bounce high breaks the lower-high chain and brings the 49.811 swing high and 50.00 psych into view
  • Failure to hold the 48.851 session low confirms a fresh lower low and puts the 48.64 nov support level in focus
  • Thin pre-weekend trade and gap risk into Monday's ISM Manufacturing (15:00 UTC) could materially shift this read

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