XAG/USD AI Live Scan, 4-hour chart, Friday, 13 November 2026
Every read JAFX AI made on the XAG/USD 4-hour chart that day, newest first: trend, structure, the levels it marked and what it said to watch.
22:27 UTC
Downtrend, oversold at new lows · RSI 29 · price 48.691
Lower high at 53.70, range break, new low under the Nov low.
Silver rolled over from the 53.70 lower high and broke the 51.15–53.70 range floor. Hot October CPI and Fed hike repricing drove the slide, which printed a new low at 48.48 under the early-November low at 48.60. Price sits below a falling EMA20 (50.67) and EMA50 (51.48), with EMA20 under EMA50, and RSI(14) at 28.9 is oversold. ATR(14) near 790 pips has eased from ~876 but remains elevated, consistent with trend extension rather than compression.
Support: 48.60, 48.475, 48.00
Resistance: 50.00, 50.773, 51.482
What it said to watch
H4 closes below the 48.48 new low and the 48.60 Nov low confirm a lower-low and open the 48.00 round number
Recovery above the 50.00 psych level and the 50.77 lower high would break the lower-high sequence
Reclaiming the 51.48 ema50 would neutralise the downtrend read
Fed's Jefferson speaks in ~90 min; Warsh Mon 17:00 UTC and US Retail Sales Tue 13:30 UTC could materially shift this read
Oversold RSI with price on the lows leaves room for a sharp short-covering bounce if Fed tone softens
Lower highs and lower lows; fresh swing low just above prior low.
Silver has printed lower highs at 53.70 and 53.17 since the hot October CPI print. The latest leg tagged a fresh swing low at 48.91, just above the 48.60 prior low, as the bond rout and a fully priced December Fed hike kept pressure on, and the softer PPI brought no lift. EMA(20) has crossed below EMA(50), both are sloping lower with price under each, ATR(14) near 795 pips keeps ranges wide, and RSI at 31.4 sits just above oversold, while supply has capped recoveries under the psych 50.00 handle and the 50.77 lower high.
Support: 48.909, 48.599
Resistance: 50.00, 50.773, 51.20
What it said to watch
H4 close below the 48.60 prior low extends the lower-low sequence beyond the 48.91 swing low
Recovery above the 50.77 lower high breaks the lower-highs trendline; the 51.20 former support is the next cap
38.2% of the 53.17-48.91 fib sits at 50.54, between the psych 50.00 and the lower high
Fed's Jefferson at 00:00 UTC and Chair Warsh Mon 17:00 UTC could materially shift this read
Lower highs from 58.59; price testing the 48.60-49.58 base.
Lower highs at 58.59, 54.61 and 53.70 define the downtrend over three weeks. A hot CPI and the bond rout have pushed price back to $50, where it is testing the week low near 49.58, and the soft PPI print has yet to produce a visible bid. EMA20 has crossed below EMA50 with both sloping lower, and RSI at 35 is weak but not oversold, while ATR easing to 770 pips from ~870 points to a grinding rather than accelerating slide.
Support: 49.582, 48.946, 48.599
Resistance: 50.773, 51.059, 51.20
What it said to watch
H4 close below the 48.95 prior low and the 48.60 swing low confirms a lower low in the downtrend
Recovery through the 50.77 bounce high and the ema20 at 51.06 would ease the pressure, with the 51.20 range floor as broken support overhead
The 50% retracement of the 53.70-49.58 leg sits near 51.64, alongside the EMA50 at 51.70
H4 close above the lower-highs trendline near 53.70 invalidates the downtrend read
Fed's Bowman and Daly today and Warsh Mon 17:00 GMT could shift this read on any talk of a 50bp December hike
Lower highs from 53.70; 51.15-51.20 range floor broken, price holding near 50.00.
Tuesday's hot US CPI broke silver out of the 51.20-53.70 range it held all of last week. Wednesday's rebound stalled at 53.17, a lower high under the 53.70 peak, and Thursday's break of the 51.15-51.20 range floor extended to a 49.58 swing low. Price sits below both EMAs after the EMA20 crossed under the EMA50, now 51.78, and is holding the 50.00 psych handle. ATR(14) near 783 pips has eased from its peak but remains elevated, and RSI at 37.3 is soft without being oversold.
Support: 50.00, 49.582, 48.599
Resistance: 50.773, 51.20
What it said to watch
US PPI at 13:30 GMT, followed by Bowman and Daly, could materially shift this read via yields and the USD
H4 close below the 49.58 swing low extends the lower-low sequence toward the 48.60 prior low
Failure to hold the 50.00 psych handle on a closing basis keeps the range break in control
Recovery above the 50.77 bounce high and back through the 51.20 range floor (38.2% fib) would neutralise the breakdown
EMA50 at 51.78 and the lower-highs trendline cap the structure; reclaiming both needed to negate the downtrend
Lower highs at 54.60 and 53.70; price back near the base of the late-October range.
Silver has printed a sequence of lower highs, from 54.60 in late October to the 53.70 lower high this week. It met rejection there and then slid roughly 4 dollars after Tuesday's hot CPI revived Fed hike bets. Price now sits below both EMAs, with EMA(20) at 51.31 crossing back under the falling ema50 at 51.84, and is probing the 49.58 week low ahead of the 48.60 swing low that based the late-October range. RSI at 36.6 is weak but not oversold, and ATR(14) near 808 pips has eased only slightly from 870, so volatility remains elevated rather than compressing.
Support: 49.582, 48.599
Resistance: 51.17, 51.844, 53.701
What it said to watch
H4 close below the 49.58 week low exposes the 48.60 swing low
A move back above the 51.17 prior trough and the ema50 at 51.84 would neutralise the lower-high read
Break above the 53.70 lower high invalidates the downtrend structure
US PPI today at 13:30 GMT, then Fed's Bowman and Daly, could materially shift this read
Lower high at 53.17, lower low at 49.70 after range break.
Silver failed at the 53.70 high and then set a lower high at 53.17. The hot US CPI print and hawkish Fed repricing knocked it through the 51.12-51.18 broken low that had floored the early-November range. The slide stalled at a 49.70 swing low, and price now sits below both the EMA20 (51.45) and the EMA50 (51.92), with EMA20 back under EMA50 after a brief recross. RSI at 40.7 has turned up from the mid-30s without reaching oversold, and ATR(14) has eased from ~870 to 783 pips as the decline pauses near the 38.2% fib zone below the broken low.
Support: 49.695, 48.599
Resistance: 51.15, 51.919, 53.173
What it said to watch
US PPI Fri 13:30 GMT, then Bowman and Daly: a hot print could extend the downtrend, a soft one could lift price back toward the broken low
H4 close back above the 51.15 broken low and the 38.2% fib near 51.23 would turn the bounce into a retest toward the ema50 at 51.92
Failure to hold the 49.695 swing low exposes the 48.599 nov low
A close above the 53.173 lower high would break the lower-highs trendline and negate the downtrend read