21:02 UTC
Downtrend from spike high, stabilising · RSI 43 · price 74.831
Lower highs since 89.36 peak, basing near 73-75.
Silver mean-reverted hard from the 89.36 spike high, carving a sequence of lower highs down through 80.78 supply into a 73.62-76.94 range over the past week. ATR(14) remains elevated but compressing as price stabilises near the recent base around 74.62, with RSI sitting in neutral-bearish territory. Both EMA20 and EMA50 cap price from above, consistent with the broader downtrend off the peak.
Support: 73.62, 71.78, 74.62
Resistance: 76.94, 80.78
What it said to watch
- H4 close above 76.94 lower high would break the descending sequence
- Loss of 73.62 swing low opens the path toward the 71.78 range low
- Middle East de-escalation headlines could compress the safe-haven premium