XAG/USD AI Live Scan, 15-minute chart, Wednesday, 1 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.
23:46 UTC
Pulled back after spike, consolidating · RSI 43 · price 59.194
Lower highs off 60.99 peak, basing near 59.20.
Silver spiked to 60.99 mid-window on the soft US ADP/ISM misses, then faded back below the $60 pivot and is now consolidating 59.04-59.40 with RSI(14) mid-40s. Descending highs off the peak keep price capped under the 61.8% retrace near 59.34, holding below EMA20/50.
Support: 59.04, 58.63
Resistance: 59.40, 60.00, 60.99
What it said to watch
M15 close above 59.40 reopens the path toward the 60.00 pivot
Failure to hold 59.04 exposes 58.63
US NFP ~13h out is the dominant catalyst that could reset this read
NY session spiked XAG to 60.99 before fading the entire move back through the 60.00 pivot; price now consolidating 59.04-59.40 in late hours after a gap-up reopen. RSI(14) mid-40s and price trades below EMA20/50, a controlled pullback from the rally rather than a fresh leg.
Support: 59.04, 58.63
Resistance: 59.40, 60.00, 60.99
What it said to watch
Close below 59.04 session low exposes the 58.63 swing low
Reclaim of 59.40 range top and the 60.00 pivot would repair the pullback
US NFP Thu 12:30 UTC is the dominant catalyst and can reset this read
23:16 UTC
Pullback after spike, momentum down · RSI 43 · price 59.202
Fading from post-spike high, lower highs.
Silver spiked to 60.99 during NY session then faded steadily, now pinned near 59.20 at the lower end of the post-spike range. RSI(14) in the mid-40s with price below EMA20 and EMA50; a small gap higher on the session reopen was sold back into the 59.20s.
Support: 59.04, 59.00
Resistance: 59.40, 60.99
What it said to watch
Close below 59.04 confirms a lower-low and exposes 59.00
Reclaim of 59.40 session high needed to stall the fade
US NFP Thu 12:30 UTC is the dominant catalyst and can reset this read
Silver spiked to 60.99 during NY hours on soft ADP/ISM prints, then rolled over roughly 2 dollars into the close, bottoming at 59.04. Price is now consolidating 59.0-59.4 with RSI cooled to mid-range; the swing high at 59.90 caps the bounce.
Support: 59.04, 58.80
Resistance: 59.90, 60.37, 60.99
What it said to watch
Reclaim of 59.90 needed to challenge the 60.37 prior high
Loss of 59.04 session low exposes the 58.80 swing low
US NFP 12:30 UTC is the dominant catalyst and could reset this read
Silver ripped to 60.99 during NY hours on a relief bounce, then faded nearly two handles in a descending channel to a 59.04 swing low. Price is now recovering to 59.34 after a session-break gap; RSI(14) near 46, price below both EMAs.
Support: 59.04, 58.30
Resistance: 59.90, 60.37, 60.99
What it said to watch
M15 close above 59.90 negates the pullback and reopens 60.37
Loss of 59.04 exposes the 58.30 prespike area
US NFP Thu 12:30 UTC is the dominant catalyst and could reset this read
22:32 UTC
Impulse faded, pullback · RSI 42 · price 59.281
Lower highs off 60.99 spike.
NY session ripped silver from 57.16 to a 60.99 spike high before fading back under 60.00; price has since bled to 59.28 in a chain of lower highs. Now consolidating in the 59.04–59.40 area, RSI cooled to the low 40s after the impulsive run.
Support: 59.04, 58.40, 57.16
Resistance: 60.00, 60.37, 60.99
What it said to watch
Loss of 59.04 session low opens the 58.40 pre-spike area
Reclaim of 60.00 psych pivot re-engages 60.37 swing
US NFP Thu 12:30 UTC is the dominant catalyst and could reset this read
22:17 UTC
Downtrend, fading from spike high · RSI 37 · price 59.096
Lower highs since 60.99 peak.
Silver spiked into NY hours to 60.99 then faded steadily, now down near 59.10 and retesting the session low at 59.04. Momentum is heavy on M15 with lower highs stacking below the 60.00 pivot; RSI(14) around 37 and no sign of bid absorption yet.
Support: 59.04, 58.63
Resistance: 60.00, 60.99
What it said to watch
Sustained break of 59.04 session low opens 58.63
Reclaim of 60.00 psych pivot needed to negate the fade
US NFP Thu 12:30 UTC is the dominant catalyst that can reshape this read
22:03 UTC
Downtrend, pullback from spike high · RSI 38 · price 59.096
Lower highs since 60.99, testing session low.
Silver spiked to 60.99 in the NY session before bleeding steadily back to the 59.04 session low, unwinding most of the earlier surge as firm US yields and hawkish-Fed pricing weighed. Price now sits below EMA20 and EMA50 with RSI near 38; the descending sequence of lower highs remains intact.
Support: 59.04, 58.63
Resistance: 59.50, 60.00
What it said to watch
M15 close below 59.04 opens the 58.63 swing low
Reclaim of 59.50 needed to challenge the 60.00 round number
US NFP Thu 12:30 UTC is the dominant catalyst and could reshape this read
21:47 UTC
Pulling back after intraday spike · RSI 41 · price 59.096
Lower highs since 60.99 peak, ~50% retrace.
Silver spiked ~6% off the 57.16 low to 60.99 during the US session, then rolled over on a firm USD and hawkish-Fed repricing, now back at 59.10 — roughly the 50% retrace of that move. Chain of lower highs since the peak, RSI(14) cooled to the low 40s with price under both EMAs.
Support: 59.04, 58.87
Resistance: 59.50, 60.00
What it said to watch
M15 close below 59.04 extends the pullback toward the 58.87 prior low
Reclaim of 59.50 needed to challenge the 60.00 round number again
US NFP Fri 12:30 UTC is the dominant catalyst and could reset this read
21:32 UTC
Pullback, momentum down after spike · RSI 30 · price 59.096
Lower highs off 60.99, retracing the NY rally.
XAG spiked to 60.99 during the NY session then rolled over into a steady decline, now testing the 59.00 psych level with RSI(14) near oversold at ~30. Price has retraced most of the intraday rally and prints lower highs on the way down.
Support: 59.04, 59.00, 58.41
Resistance: 59.50
What it said to watch
M15 close above 59.50 breaks the lower-high sequence
Loss of 59.00 exposes the 58.41 swing low
US NFP Thu 12:30 UTC is the dominant catalyst and could reset this read
21:17 UTC
Pullback after spike, momentum down · RSI 39 · price 59.096
Fading off 60.99 spike, testing 59.00.
Silver spiked to 60.99 on the NY relief bounce then faded steadily, now sliding into the 59.00 psych level with RSI(14) near 38. Price is back below EMA20/EMA50 after the whole up-move unwound; sellers capping each lower high off the 60.99 top.
Support: 59.00, 58.31
Resistance: 59.90, 60.99
What it said to watch
M15 close below 59.00 exposes the 58.31 swing low
Reclaim of 59.90 needed to stall the fade
US NFP Fri 12:30 UTC dominant catalyst, can reset this read
21:04 UTC
Spike faded, pulling back · RSI 38 · price 59.096
Full retrace of NY spike, lower highs.
Silver spiked to 60.99 during NY hours on a relief bounce toward the $60 pivot, then faded steadily into the evening, retracing the entire move back to 59.10. RSI(14) sits near 38 with price stair-stepping lower under a chain of lower highs.
Support: 59.04, 58.40
Resistance: 60.00
What it said to watch
M15 close below 59.04 confirms a lower low and reopens 58.40
Reclaim of 60.00 needed to negate the spike fade
US NFP Thu 12:30 UTC is the dominant catalyst for the pair
20:47 UTC
Pullback after NY spike, momentum down · RSI 34 · price 59.072
Lower highs since the 60.99 peak.
NY session spiked to 60.99 then steadily gave the move back through the afternoon, and price is now pressing the session low at 59.05 with RSI(14) near 34. Sustained rejection below the 59.50 swing has capped every bounce.
Support: 59.046, 58.32
Resistance: 59.50
What it said to watch
M15 close below 59.046 exposes the 58.32 prior base
Reclaim of 59.50 swing would ease the down leg
US NFP Fri 12:30 UTC is the dominant catalyst and could reset this read
Silver spiked from the 58.31 base to 60.99 during NY hours before fully unwinding, now back at 59.19 having erased nearly the entire move. RSI(14) is cooling near 36 and price sits below EMA20/EMA50 as the pullback presses the session low at 59.046.
Support: 59.046, 58.315
Resistance: 59.50
What it said to watch
Close below the 59.046 session low opens the spike base at 58.31
Reclaim of the 59.50 swing high would stall the retracement
US NFP Thu 12:30 UTC is the dominant catalyst and could reset this read
20:17 UTC
Pullback after NY spike · RSI 40 · price 59.169
Sharp rally fully retraced, micro lower highs.
Silver spiked ~4.5% during NY hours to a 60.99 session high, then retraced almost the entire move on firm USD/yields and the JOLTS beat; price now sits at 59.17 pressing the 59.05 session low. RSI(14) around 40 as the pullback matures.
Support: 59.046
Resistance: 59.895, 60.993
What it said to watch
M15 close below 59.05 session low confirms a lower low
Reclaim of 59.90 swing high needed to stabilise the pullback
US NFP Thu 12:30 UTC is the dominant catalyst and could reprice this read
20:03 UTC
Pullback after spike, momentum down · RSI 38 · price 59.178
Lower highs off the 60.99 spike, retracing up-move.
NY session saw silver rip from 58.31 to a 60.99 spike, then roll over and grind back down; price now at 59.18, having retraced ~68% of that up-move with RSI(14) near 38. Rejection at the 60.00 pivot and a chain of lower highs have handed control back to sellers into a broadly bearish backdrop.
Support: 59.14, 59.00, 58.31
Resistance: 59.90, 60.00
What it said to watch
Close below 59.00 opens the 58.31 breakout base
Reclaim of 59.90 negates the pullback read
US NFP Thu 12:30 UTC is the dominant catalyst that can reshape this structure
19:47 UTC
Spike higher, now retracing · RSI 42 · price 59.475
Pullback off session high, lower highs.
Silver spiked to the session high at 60.99 during NY hours, then faded back below the $60 pivot and is now retracing roughly 55% of that move, testing the session low at 59.44. RSI(14) has cooled into the low-40s as the spike gains unwind.
Support: 59.44, 59.00, 58.32
Resistance: 60.00, 60.99
What it said to watch
Close below 59.44 opens 59.00 then the 58.32 spike base
Reclaim of 60.00 needed to re-engage the 60.99 session high
US NFP Thu 12:30 UTC is the dominant catalyst and can reshape this read
19:32 UTC
Rally faded, pulling back · RSI 43 · price 59.726
Lower highs off the 60.99 spike top.
Silver spiked at the NY open from 58.30 to a 60.99 session high, then rolled over into a chain of lower highs; price now sits at 59.73, back near the 50% retrace of that leg. The $60 pivot is capping and RSI has cooled to the low-40s as the pullback develops.
Support: 59.586, 59.00
Resistance: 60.00, 60.37, 60.99
What it said to watch
Reclaim of 60.00 pivot reopens the 60.37/60.99 highs
Loss of 59.586 swing low confirms a lower-low toward 59.00
US NFP Thu 12:30 UTC is the dominant catalyst and could reset this read
19:17 UTC
Pullback after sharp NY rally · RSI 43 · price 59.776
Rally faded, lower highs into consolidation.
Silver ripped ~4% during NY hours from 58.40 to a 60.99 day high, then faded back below the 60.00 round number toward the 59.60 swing low. RSI(14) has cooled to the low-40s as the move retraces; price now sits near the 50% fib of the rally with lower highs capping into 60.40.
Support: 59.60, 58.40
Resistance: 60.00, 60.40, 60.99
What it said to watch
Close below 59.60 confirms lower-low continuation of the pullback
Reclaim of 60.00 round number reopens the 60.40 swing high
US NFP Thu 12:30 UTC is the dominant catalyst and could reset this read
19:03 UTC
Impulse up, now retracing · RSI 44 · price 59.757
Sharp breakout then pullback, lower highs off the peak.
Silver ripped through the 60.00 psych level to a session high of 60.99 during NY hours on a sharp intraday squeeze, defying the broader bearish tone. Price has since faded ~46% of that impulse back to 59.75, printing lower highs off the peak with RSI(14) cooling to the mid-40s.
Support: 59.64, 59.00, 58.87
Resistance: 60.00, 60.37, 60.99
What it said to watch
Reclaim of 60.00 psych reopens the 60.37 congestion and 60.99 high
Loss of 59.64 swing low exposes 59.00 and 58.87
US NFP Thu 12:30 UTC is the dominant catalyst and can reset this read
18:47 UTC
Sharp rally, now pulling back · RSI 44 · price 59.695
Impulsive spike then lower-high drift.
Silver ripped ~4% during the NY session, spiking from 58.3 to a 60.99 session high before rejecting the $60 pivot and fading back to 59.70. Price now sits below EMA20 with RSI(14) cooling to the mid-40s; buyers are defending the 59.63 swing low.
Support: 59.637, 59.005, 58.315
Resistance: 60.00, 60.371, 60.993
What it said to watch
Reclaim and close above 60.00 psych reopens 60.37 prior high and the 60.99 session high
Loss of 59.63 swing low confirms a lower-low toward the 59.00 psych level
US NFP Thu 12:30 UTC is the dominant catalyst and can reset this read
Silver ripped from 58.32 to a 60.99 session high on a sharp NY-session spike, then rejected the level and has bled back below the 60.00 psych mark to 59.695, cutting the move roughly in half. RSI(14) has cooled to the mid-40s as the pullback deepens; the metal remains pinned under 60.00 support-turned-resistance ahead of NFP.
Support: 59.64
Resistance: 60.00, 60.41, 60.99
What it said to watch
M15 close below 59.64 confirms a lower low and extends the retrace
Reclaim of 60.00 would re-open the 60.41/60.99 highs
US NFP Thu 12:30 UTC is the key catalyst and can reset this range
18:17 UTC
Pullback after sharp rally · RSI 43 · price 59.82
Rounded top, fading below 60.00.
Silver squeezed sharply off 58.32 to a 60.99 session high before rounding over and fading back below the 60.00 psych level, now at 59.82. RSI(14) has cooled to the low 40s as the pullback grinds toward the session low at 59.80.
Support: 59.80, 58.40
Resistance: 60.00, 60.40, 60.99
What it said to watch
Loss of 59.80 session low opens the 58.40 breakout base
Reclaim of 60.00 psych needed to retest the 60.40 lower high and 60.99 session high
NFP Jul 2 12:30 UTC is the week's catalyst and can reset this read
18:02 UTC
Sharp rally rolling over below $60 · RSI 45 · price 59.896
Post-spike consolidation, lower highs into pullback.
NY session squeezed silver from 58.31 to a session high of 60.99, then it stalled in a 60.10–60.41 range before slipping back under the $60 psych level to 59.90. The $60 support-turned-resistance is capping the bounce, RSI(14) cooling toward the mid-40s.
Support: 59.83
Resistance: 60.00, 60.41, 60.99
What it said to watch
Reclaim and close above 60.00 psych reopens the 60.41 range top
Loss of 59.83 swing low confirms a deeper fade of the squeeze
US NFP Thu 12:30 UTC is the week's key catalyst and can reset this read
Silver ripped from $58.3 to a $60.99 session high during NY hours — the relief bounce toward the $60 pivot flagged in the macro read — before stalling on descending highs. Price now consolidating just above the $60.00 psych level, RSI(14) cooling off the spike back to mid-range.
Support: 60.00, 59.89
Resistance: 60.68, 60.99
What it said to watch
M15 close below 59.89 session low confirms a lower low
reclaim of 60.68 prior high reopens the 60.99 session high
US NFP Fri 12:30 UTC is the key catalyst and could reset this read
17:31 UTC
Sharp NY rally, now flat · RSI 56 · price 60.044
Breakout above 60, consolidating below highs.
NY session ripped silver ~4.5% off 58.32 through the $60 psych level to a 60.99 session high, a relief squeeze against the broader bearish structure noted after soft ADP/ISM prints. Price has since drifted back to consolidate right on $60, holding above EMA20 with RSI cooling to the mid-50s.
Support: 60.00, 59.89, 58.32
Resistance: 60.41, 60.99
What it said to watch
M15 close back below 60.00 psych reopens 59.89 session low
Break above 60.41 puts the 60.99 session high back in play
US NFP tomorrow 12:30 UTC is the week's key catalyst and could reset this read
Silver ripped ~4% during NY hours to a session high of 60.99, then faded and is now pinned at the 60.00 psych level, holding a recent low near 59.94. RSI(14) has cooled back to neutral after the spike; the metal is consolidating just under 60 having given back roughly a third of the impulse move.
Support: 59.94, 59.00
Resistance: 60.00, 60.37, 60.99
What it said to watch
M15 close below 59.94 recent low opens the 59.00 breakout zone
Reclaim of 60.37 swing high reopens the 60.99 session high
US NFP Fri 12:30 UTC is the week's key catalyst and could override this read
Silver ripped ~4% off the 57.15 low into a spike above 60.99, the relief squeeze toward $60 flagged after softer US data (ADP 98K miss) despite a firm dollar. Price has since settled into a tight 60.00–60.37 range, reclaiming the $60 psych level that had capped prior bounces, with RSI cooling off the spike.
Support: 60.00
Resistance: 60.37, 60.68, 60.99
What it said to watch
Close back below 60.00 flips the psych level back to resistance
Break above 60.37 range top opens 60.68 then 60.99 session high
US NFP/AHE Thu Jul 2 12:30 UTC is the week's key catalyst and could reset this read
16:47 UTC
Uptrend, momentum cooling · RSI 61 · price 60.143
Impulse then tight consolidation above 60.00.
NY session drove a sharp breakout above the $60 psych level, a relief squeeze off softer US data (ADP 98K, ISM 53.3) that failed to reassert dollar strength intraday. Price now consolidating between the 60.02 range floor and 60.41 range top, holding above former resistance with RSI cooling from the spike.
Support: 60.02, 60.00
Resistance: 60.41, 60.69, 60.99
What it said to watch
M15 close below 60.00 puts price back under the psych level and negates the squeeze
Break above 60.69 prior high opens the 60.99 day high
US NFP Thu 12:30 UTC is the week's key catalyst and can shift this read
Silver ripped through the 60.00 handle during NY hours, spiking from 58.3 to a 60.99 session high — a relief squeeze against the bearish weekly backdrop as soft US ADP and ISM prints failed to lift the dollar decisively. Price is now grinding sideways between 60.02 and 60.99, RSI(14) cooling from the surge with the round number holding as support.
Support: 60.02, 60.00, 59.00
Resistance: 60.99
What it said to watch
M15 close back below 60.00 negates the breakout and reopens 59.00
Break and hold above 60.99 session high extends the squeeze
US Nonfarm Payrolls Thu 12:30 UTC is the week's key catalyst and can reset this read
Silver squeezed roughly 2.5 points off the session low into $60, breaking the $60 psych level that had capped every bounce, with the impulse building after today's softer US data (ADP 98K, ISM 53.3 misses). Price is now consolidating between 60.10 and 60.99 above the broken level, RSI(14) hot near 68.
Support: 60.10, 60.00
Resistance: 60.99
What it said to watch
M15 close back below 60.00 invalidates the breakout and re-opens the range
Break above 60.99 session high extends the squeeze
US NFP Thu 12:30 UTC is the week's catalyst and could materially shift this read
NY session ripped a near +4% relief squeeze off 58.32 straight through the $60 support-turned-resistance, tagging 60.99 despite the broader bearish backdrop and today's ADP/ISM misses. Price is now consolidating in a tight 60.02–60.64 band with RSI(14) cooling from overbought.
Support: 60.02, 59.00, 58.32
Resistance: 60.64, 60.99
What it said to watch
US NFP Thu 12:30 UTC — the week's key catalyst, can materially shift this read
Close back below 60.00 re-opens 59.00 and the 58.32 swing low
NY session ripped through the $60 psych level in one explosive candle off the 58.32 low, tagging 60.99 before stalling. Price now consolidating 60.0-60.6, RSI(14) cooling from stretched. The relief squeeze fits soft US data (ADP 98K miss), but $60 is a well-flagged support-turned-resistance zone that this bounce has only just reclaimed.
Support: 60.00, 59.00
Resistance: 60.99
What it said to watch
Close back below 60.00 negates the breakout and re-exposes the 59.00 base
Close above 60.99 session high extends the move
US NFP Thu 12:30 UTC is the week's key catalyst and could reset this read
Breakout above $60, now consolidating below session high.
Silver squeezed ~6% off the $57.16 low into a $60.99 high during NY hours, a relief bounce that punched back above the $60 psych level. Price is now consolidating in the low $60.20s with RSI cooling from overbought; the $60 handle, prior support-turned-resistance, is being tested as support.
Support: 60.00, 59.00
Resistance: 60.99
What it said to watch
M15 close back below 60.00 puts the breakout base at 59.00 back in play
Break above 60.99 session high extends the squeeze
US NFP Thu Jul 2 12:30 UTC is the week's key catalyst and could reset this read
NY session ripped a near-vertical breakout above the $60 psych level, spiking to 60.99 before fading back to 60.27 — a relief squeeze against the broader bearish tone after soft ADP/ISM. Price is now consolidating just above the round number, RSI cooling from overbought.
Support: 60.00
Resistance: 60.993
What it said to watch
Loss of 60.00 round number would negate the breakout and signal a false break
US NFP tomorrow 12:30 UTC is the week's key catalyst and could violently reprice this move
15:02 UTC
Sharp uptrend, momentum hot · RSI 71 · price 60.296
Vertical breakout above $60, first pullback.
Silver ripped ~4% off 58.30 into the NY session, punching through the $60 psych level to a session high of 60.99 after softer US data (ADP 98K miss, ISM 53.3) squeezed the bearish positioning. Price is now retesting $60 from above with RSI(14) near 70 and ATR elevated at ~460 pips.
Support: 60.00, 58.40
Resistance: 60.99
What it said to watch
Failure to hold 60.00 flips the breakout to a false break and reopens 58.40
M15 close above 60.99 extends the session high
US NFP Jul 2 12:30 UTC is the key catalyst and could materially shift this read
14:47 UTC
Sharp uptrend, momentum hot · RSI 75 · price 60.357
Breakout above $60, higher highs into NY.
XAG ripped through the $60 cap during NY hours, spiking from the 58.87 breakout base to a 60.99 session high on ~480-pip ATR bars — a relief squeeze after softer US ADP/ISM data eased yield pressure. RSI(14) is running hot near 75 with price now consolidating just above the reclaimed 60.00 round number.
Support: 60.00, 58.87
Resistance: 60.99
What it said to watch
M15 close back below 60.00 round number negates the breakout and reopens 58.87
US NFP Thu Jul 2 12:30 UTC is the week's key catalyst and could materially shift this read
Failure to reclaim 60.99 session high leaves the squeeze stalling
14:31 UTC
Sharp uptrend, momentum hot · RSI 74 · price 60.662
Breakout above $60 shelf, higher highs.
NY session ripped through the $60.00 resistance shelf, silver spiking from 58.32 to 60.99 as the ADP miss (98K vs 113K) sparked short-covering off YTD lows. RSI(14) near 74 is hot, and $60.00 now flips to first support after the breakout.
Support: 60.00, 58.80, 58.32
Resistance: 60.99
What it said to watch
Loss of 60.00 on a close reopens the 58.80 breakout base
US NFP Thu 12:30 UTC could sharply reset this move; hot print revives the downtrend read
Failure to reclaim 60.99 leaves session high as the cap
14:16 UTC
Sharp reversal, momentum up · RSI 74 · price 60.296
Break above $60 shelf after basing near YTD lows.
XAG ripped off the 57.20 base and broke the $60.00 shelf on the 14:00 UTC ISM print, tagging a session high at 60.685 before cooling. RSI(14) near 74 is hot but normal in a vertical move; the $60 level, prior resistance, is now the immediate support pivot.
Support: 60.00, 57.20
Resistance: 60.685
What it said to watch
Hold above 60.00 keeps the breakout intact; a close back below negates it
A break of the 60.685 session high extends the move
NFP Thu 12:30 UTC could sharply reprice this leg
14:03 UTC
Sharp reversal off base, momentum hot · RSI 72 · price 60.459
V-recovery, breakout above $60 shelf.
XAG ripped off the ~$57.16 base in a sharp short-covering spike through the ISM window, reclaiming the $60 psych shelf that had capped recovery and printing a session high at 60.685. RSI(14) stretched near 72 after a near-vertical run; last bar stalling just under the high.
Support: 60.00, 57.16
Resistance: 60.685
What it said to watch
A close back below 60.00 psych negates the reclaim
Double-bottom off session low, breakout above $60.
XAG carved a double bottom near 57.15 through the NY session, then ripped over the $60 shelf into 60.68 in two impulsive bars, RSI(14) pushing ~74. The ADP miss (98K) gave the metal room to short-cover off YTD lows; the prior $60 support-turned-resistance has flipped and is now being retested from above.
Support: 60.00
Resistance: 60.685
What it said to watch
M15 close back below 60.00 negates the breakout and puts the shelf back overhead
ISM Manufacturing PMI at 14:00 UTC could drive the next leg of this move
Failure to clear 60.685 session high leaves price capped at the highs
Silver rebounded off the $57.15 session low through the NY session, reclaiming $58 with a chain of higher lows and pushing back to $59. Move fits the ADP-miss relief read; RSI(14) mid-60s, not yet stretched. Price stalling just under the $59.12 session high.
Support: 58.32
Resistance: 59.12, 60.00
What it said to watch
ISM Manufacturing PMI at 14:00 UTC could reprice this recovery within the next bar
Close above 59.12 opens the path to the $60.00 psych shelf
Failure to hold 58.32 breaks the higher-low chain
13:16 UTC
Recovery bounce fading · RSI 50 · price 58.454
Rally off session low, rejected near 59.11.
Silver clawed back from the 57.16 session low into the NY session to tag 59.11 before rejecting and sliding to 58.45; the ADP miss (98K) offered only marginal relief. RSI(14) has cooled back near 50 as the bounce stalls, and price is now hovering just above the 58.30 swing low.
Support: 58.30, 58.00, 57.16
Resistance: 59.11, 60.00
What it said to watch
M15 close above 59.11 resumes the recovery toward the 60.00 shelf
Loss of 58.00 re-exposes the 57.16 session low
US ISM Manufacturing PMI at 14:00 UTC could materially shift this read
NY session bounced off the 57.16 session low and rallied to 59.12 around the ADP print, but the last bar rejected sharply back to 58.58 with RSI(14) cooling near 54. Move stalled under the 59.12 session high; 57.90 marks the nearest higher low in the recovery.
Support: 58.50, 57.90, 57.16
Resistance: 59.12, 59.36
What it said to watch
M15 close above 59.12 opens the path to 59.36
Failure to hold 57.90 exposes the 57.16 session low
Warsh 13:00 UTC and ISM 14:00 UTC could materially shift this read
Recovery off session low, consolidating below 59.10.
Silver rallied off the 57.16 session low back to 59.11 through the London-NY transition, then stalled and is consolidating around 58.80 with RSI(14) cooling from the highs. Rejection at 59.11 caps the bounce for now; broader context remains a sell-into-$60 backdrop on hawkish-Fed repricing.
Support: 58.63, 58.30, 57.16
Resistance: 59.115, 59.36
What it said to watch
Fed Warsh (13:00 UTC) and ISM (14:00 UTC) could materially shift this read
M15 close above 59.115 opens the path to 59.36
Failure to hold 58.63 exposes 58.30 then session low 57.16
NY session bounced off a double bottom near 57.15 and rallied to a session high at 59.12, cooling back to 58.80 with RSI(14) around 60. The recovery runs against a broader bearish tone; ADP passed at 12:15 UTC, and 60.00 remains the level bears have repeatedly sold.
Support: 58.63, 58.25, 57.15
Resistance: 59.12, 59.36, 60.00
What it said to watch
Fed's Warsh (13:00 UTC) and ISM Manufacturing (14:00 UTC) could materially shift this read
Loss of 58.63 breaks the higher-low chain and reopens 58.25
Silver based twice near 57.16 and rallied hard into the NY session to 59.11 around the ADP print, before a rejection there dragged price back to the 58.63 session low. RSI(14) cooling from the rally peak; the 58.00 breakout zone is the pivot holding the bounce together.
Support: 58.63, 58.00, 57.16
Resistance: 59.11, 60.00
What it said to watch
M15 close back below 58.00 negates the bounce and reopens 57.16
Reclaim of 59.11 needed to extend the recovery toward the 60.00 cap
Warsh 13:00 UTC and ISM 14:00 UTC could materially shift this read
Higher lows since 57.16 base, pressing session high.
Silver based twice near 57.16 through the London session and rallied through 58.45 into a 59.12 session high before easing to 58.92, RSI(14) cooling from overbought. Bounce fits a relief move off YTD-low territory, but 60.00 remains a well-worn cap on this leg.
Support: 58.45, 58.00, 57.16
Resistance: 59.12, 59.36, 60.00
What it said to watch
ADP at 12:15 UTC then Warsh 13:00 UTC could sharply reset this read
Close back below 58.45 negates the breakout and re-exposes 58.00
Acceptance above 59.36 opens the path toward the 60.00 cap
11:47 UTC
Recovering off lows, momentum up · RSI 69 · price 58.947
Bounce from double bottom, higher lows.
Silver bounced ~3% off the 57.16 double bottom through the London session, reclaiming 58.90 with RSI(14) near 69. The move is a corrective recovery within a broadly bearish week — earlier rallies were capped in the 59.57-60.00 zone.
Support: 58.45, 57.70, 57.16
Resistance: 59.57, 60.00
What it said to watch
ADP 12:15 UTC and ISM 14:00 UTC could reprice hike bets and shift this read
Close above 59.57 would extend the recovery toward 60.00
Loss of 58.45 rising support signals the bounce fading toward 57.70
Silver carved a double bottom near 57.15 during NY hours and rallied hard back to 58.90, RSI(14) now ~68 after basing sub-40 at the lows. Price has cleared the 58.20 breakout shelf and is testing the 59.00 round number that has capped bounces all week.
Support: 58.20, 57.65, 57.15
Resistance: 59.00, 59.57
What it said to watch
ADP at 12:15 UTC could sharply reprice this bounce
Fed's Warsh 13:00 UTC and ISM 14:00 UTC are further catalysts
London session bounce off the 57.16 double bottom has carried XAG back to the 58.50 session high, RSI(14) recovering to the low-60s from oversold. Sellers capped the earlier decline near 57.16 twice; the corrective leg is now retesting the intraday ceiling with ADP due at 12:15 UTC.
Support: 58.00, 57.16
Resistance: 58.50, 59.57
What it said to watch
ADP 12:15 UTC and ISM 14:00 UTC could materially shift this read
M15 close above 58.50 opens the path toward the 59.57 ceiling cap
Failure to hold 58.00 reopens the 57.16 session low
Silver carved a double bottom near 57.16 during NY hours and has squeezed back to 58.29, reclaiming EMA20 as the oversold condition unwinds. Sellers have capped every rally toward 59.57-60.00 through the session, and price now stalls into the 38.2% retrace of the 60.43-57.16 downleg.
Support: 57.71, 57.16
Resistance: 58.29, 58.85, 59.57
What it said to watch
ADP at 12:15 UTC then ISM at 14:00 UTC could materially shift this read
M15 close above 58.85 extends the recovery toward 59.57
Failure to hold 57.71 reopens the 57.16 double-bottom base
Silver put in a double bottom near 57.16 and bounced back to 58 after fading below $58 on firm USD/yields; RSI(14) recovered off oversold with price making a higher low against the low. The 58.12 session high is capping the corrective push into the London-NY transition.
Support: 57.62, 57.16
Resistance: 58.12, 58.55
What it said to watch
Close above 58.12 opens the path to 58.55
Failure to hold 57.62 exposes the 57.16 session low
Silver carved a double bottom around 57.16 and has recovered to 58.03, breaking back above the bounce base near 57.66 with RSI(14) lifting from oversold to the low 60s. The move sits inside a broader intraday downtrend from the 60.4 high; 58.12 session high is the immediate cap. ADP at 12:15 UTC then ISM at 14:00 UTC are near-term catalysts.
Support: 57.66, 57.16
Resistance: 58.12, 58.58
What it said to watch
M15 close above 58.12 opens the path to the 58.58 prior swing
Failure to hold 57.66 bounce base re-exposes the 57.16 session low
ADP (12:15 UTC) and ISM (14:00 UTC) could materially shift this read
M15 sold off from the 60.43 peak in a clean lower-high sequence, bottoming at 57.16 before a London-session bounce back to the 58.12 session high, where it is now stalling. RSI(14) has recovered off oversold to mid-range as price sits just below EMA50. Sellers have capped every rally toward the 59.57 cap, consistent with the broader silver softness near seven-month lows.
Support: 57.158, 56.60
Resistance: 58.12, 58.50, 59.57
What it said to watch
M15 close above 58.50 prior high breaks the lower-high sequence
Recovery off session low within lower-high sequence.
Silver sold from 60.43 to a 57.16 session low before a steady grind back above the 58.00 round number through the London session, tracking the hawkish-Fed USD bid after firm JOLTS. RSI(14) has recovered off its lows near 56 but price still sits below the 38.2% fib at 58.40, keeping the broader downtrend structure intact.
Support: 58.00, 57.60, 57.16
Resistance: 58.40, 58.67
What it said to watch
M15 close above 58.40 fib / 58.67 prior high challenges the downtrend read
Loss of 57.60 pivot reopens the 57.16 session low
ADP 12:15 GMT and ISM 14:00 GMT could materially shift this read
09:31 UTC
Downtrend, bouncing off lows · RSI 56 · price 57.908
Lower highs from 60.43, basing above 57.16.
XAG sold off through the London morning from the 60.43 high to a 57.16 session low, then based and is bouncing into a 23.6% retrace near the 57.95 session high, which is capping so far. RSI(14) has recovered off the lows to the mid-50s as price reclaimed the EMA20.
Support: 57.16, 56.60
Resistance: 57.95, 58.30
What it said to watch
ADP 12:15 UTC and ISM 14:00 UTC could materially shift this read
M15 close above 57.95 session high opens the path to 58.30
Loss of 57.16 session low exposes 56.60 dip-buy zone
09:16 UTC
Downtrend, bouncing off lows · RSI 52 · price 57.837
Lower highs into session low, short-term higher lows forming.
Silver bled through London below $58, printing a session low at 57.16 before demand stepped in twice and lifted price back toward the 57.89 recent high. RSI(14) has recovered off oversold to ~52, and price is now testing the 23.6% retrace of the 60.43-57.16 down-leg where the descending resistance line caps.
Support: 57.16, 56.60
Resistance: 57.89, 58.30
What it said to watch
M15 close above 57.89 opens the path to 58.30
Loss of 57.16 exposes 56.60 dip-buy zone
ADP at 12:15 UTC could materially shift this read
09:03 UTC
Downtrend, bounce fading · RSI 46 · price 57.655
Lower highs, fresh session low then relief bounce.
Silver stayed in an M15 downtrend, sliding from the 60.43 spike to a session low of 57.158 before a relief bounce to 57.89 faded, now trading 57.655 with USD firm on hawkish-Fed pricing. RSI(14) is mid-range near 46, price back below the bounce high but holding above EMA20.
Support: 57.158, 57.00
Resistance: 57.89, 58.00
What it said to watch
ADP (12:15 GMT) plus ISM/Warsh could shift this read within the next few hours
Loss of 57.158 confirms a lower-low and exposes the 57.00 area
Reclaim of 57.89 would put the 58.00 round number back in play
08:46 UTC
Downtrend, bouncing off lows · RSI 51 · price 57.815
Lower highs and lower lows, corrective bounce underway.
XAG carved a fresh session low at 57.158 during London hours then bounced to reclaim EMA20 near 57.8, with RSI(14) back to neutral around 51. The sequence of lower highs is intact and 57.89/58.00 has capped the recovery so far; the metal remains pinned below $58 in the broader bearish tone.
Support: 57.158, 57.42
Resistance: 57.89, 58.00
What it said to watch
M15 close above 57.89 breaks the descending highs and opens 58.00
Silver bled below $58 through the European session as Tuesday's bounce to ~$60.4 fully faded, a firm USD on strong JOLTS keeping metals pressured. Sellers drove a session low at 57.158 before buyers stepped in twice around 57.2; last five bars printing higher lows with RSI recovering off oversold to ~45.
Support: 57.158, 57.00
Resistance: 58.00
What it said to watch
Close below 57.158 confirms a lower-low and exposes 57.00
Reclaim of 58.00 needed to negate the downside structure
ADP (12:15 GMT) and ISM Mfg (14:00 GMT) could materially shift this read
08:16 UTC
Downtrend, bouncing off lows · RSI 44 · price 57.745
Lower highs and lower lows, testing session low.
Silver slid through London below $58 to a session low at 57.158 before a modest bounce to 57.745, keeping the chain of lower highs and lower lows intact. Rebounds have been sold since the fade from ~60.43, with the USD firm on strong JOLTS. ADP at 12:15 GMT is the next catalyst.
Support: 57.158
Resistance: 58.00, 57.96
What it said to watch
M15 close above 58.00 psych would break the lower-high sequence
Break below 57.158 session low exposes 56.60
ADP at 12:15 GMT could materially shift this read
08:02 UTC
Downtrend, near session lows · RSI 38 · price 57.576
Lower highs and lower lows.
Silver in a steady M15 downtrend, sliding below $58 through the London session as a firm USD and the JOLTS beat kept metals pressured. Price bounced off the 57.16 session low into 57.70, but lower highs persist and the current bar stalled at 57.68 before fading back to 57.58.
Support: 57.158, 57.00
Resistance: 57.70, 57.99
What it said to watch
Break below 57.16 exposes the 57.00 round number
M15 close above 57.99 would break the lower-high sequence
ADP at 12:15 GMT and ISM at 14:00 GMT could materially shift this read
07:46 UTC
Downtrend, steady selling · RSI 39 · price 57.528
Lower highs, lower lows.
Silver faded from a mid-window spike to 60.43 and has trended lower all session, printing a fresh low at 57.16 before a shallow bounce to 57.53. USD stayed firm on the JOLTS beat, keeping the metal pinned below 58.00 with lower highs intact.
Support: 57.16, 56.61
Resistance: 57.85, 58.00
What it said to watch
Loss of 57.16 session low opens the path toward 56.61
M15 close back above 57.85 breaks the lower-high chain
ADP (12:15 GMT) and ISM (14:00 GMT) could materially shift this read
07:31 UTC
Downtrend, pressing lows · RSI 38 · price 57.299
Lower highs, lower lows.
Silver stair-stepped lower through the window after Tuesday's push to ~60.43 faded, breaking $58.00 and grinding to a fresh session low at 57.16 as a firm USD keeps the metal pressured. Price is chopping just above that low into London hours, RSI(14) near 37 but not yet oversold.
Support: 57.16, 56.61
Resistance: 57.85
What it said to watch
M15 close below 57.16 exposes the 56.61 support
Reclaim of 57.85 would break the lower-high chain
ADP (12:15 GMT) and ISM (14:00) could materially shift this read
07:16 UTC
Downtrend, intact · RSI 39 · price 57.374
Lower highs, lower lows.
Silver ground lower through the London open, printing a fresh session low at 57.158 before a shallow bounce to 57.37 — the sub-58 bearish regime tied to firm USD and hawkish Fed bets stays in play. Lower highs and lower lows dominate; RSI(14) near 38 with no divergence yet.
Support: 57.158, 56.60
Resistance: 57.85
What it said to watch
M15 close back above 57.85 breaks the lower-high sequence
Loss of 57.158 opens the path toward 56.60 major support
ADP (12:15 UTC) and ISM (14:00 UTC) could materially shift this read
07:02 UTC
Downtrend, at session lows · RSI 39 · price 57.501
Lower highs, lower lows.
Silver bled steadily through the London session off the 60.43 spike, printing a fresh session low at 57.16 before a shallow bounce to 57.50 as the firm USD kept pressure on. Chain of lower highs and lower lows intact; RSI(14) near 39, not yet oversold.
Support: 57.158
Resistance: 57.85
What it said to watch
M15 close back above 57.85 breaks the lower-high sequence
Failure to hold 57.16 exposes the 56.60 shelf
ADP at 12:15 UTC and Warsh at 13:00 UTC could materially shift this read
Silver rolled over from the 60.43 session peak and has ground out a chain of lower highs and lower lows through the session, printing a fresh low at 57.158 before a shallow bounce back to 57.5. Price sits below EMA20 and EMA50 with RSI(14) near 40 — soft but not yet oversold — as the broader USD-firm, sub-60 grind stays intact.
Support: 57.158, 56.60
What it said to watch
Close below 57.158 extends the lower-low sequence toward the 56.60 shelf
Reclaim of 57.85 breaks the sequence of lower highs
ADP (12:15 UTC) and Warsh (13:00 UTC) could materially shift this read
06:31 UTC
Downtrend, grinding lower · RSI 39 · price 57.44
Lower highs, lower lows into session low.
Silver bled steadily from the 60.43 spike high through Asia, printing a fresh session low at 57.15 before a shallow bounce to 57.44, RSI(14) near 39. The sell-off keeps XAG capped well below the $60 pivot flagged in the broader read; descending swing highs remain intact.
Support: 57.15, 56.60
Resistance: 57.85
What it said to watch
M15 close below 57.15 exposes the 56.60 shelf
Reclaim of 57.85 would break the lower-high chain
ADP (12:15 UTC) and Warsh (13:00 UTC) can shift this read
06:16 UTC
Downtrend, grinding lower · RSI 34 · price 57.355
Lower highs, lower lows into session low.
Silver stayed in a steady downtrend through the late US/early London hours, unwinding the earlier push toward $60 and pressing the session low at 57.29. RSI(14) near 34, price below EMA20/50 with sellers capping each bounce along the descending trendline.
Support: 57.287, 56.61
Resistance: 57.851
What it said to watch
M15 close below 57.29 exposes the 56.61 shelf
Reclaim of 57.85 challenges the descending resistance and lower-high chain
ADP at 12:15 UTC could materially shift this read
06:03 UTC
Downtrend, near session low · RSI 39 · price 57.513
Lower highs and lower lows since the $60 rejection.
Silver ground steadily lower after the $60.4 spike faded, printing a chain of lower highs and now sitting on the session low near 57.40. The corrective bounce toward $60 has fully unwound; price trades below EMA20/50 with RSI at 39, and 57.90 caps every attempt to recover the breakdown.
Support: 57.402, 57.245
Resistance: 57.90
What it said to watch
M15 close below 57.40 confirms a lower-low and exposes 57.245
Reclaim of 57.90 swing high needed to challenge the downtrend read
ADP (12:15 UTC) and Fed's Warsh (13:00 UTC) can materially shift this read
Lower highs, lower lows; flattening at session low.
Silver rolled over from the 60.43 spike high back to the 57.40 session low, a corrective bounce off the $56.60 shelf that stalled and reversed. Price is now flattening between 57.40 and 57.86 with RSI(14) mid-40s, price under both EMA20 and EMA50.
Support: 57.40
Resistance: 57.86
What it said to watch
M15 close below 57.40 opens the path toward the 56.60 shelf
Reclaim of 57.86 swing high would break the lower-high chain
ADP (12:15 UTC) and Warsh (13:00 UTC) could materially shift this read
Silver rolled over from the $60.43 spike high and has bled steadily through NY into early London, trading ~57.49 just above the session low at 57.40. Price sits below EMA20 and EMA50 with RSI(14) near 40, no oversold extreme yet; bounces are being capped along the descending resistance line into 57.80.
Support: 57.40, 57.09
Resistance: 57.80
What it said to watch
M15 close below 57.40 opens the path toward the 57.09 prior low
Reclaim of 57.80 would break the lower-high sequence
ADP (12:15 UTC), Warsh (13:00 UTC) and ISM (14:00 UTC) could materially shift this read
05:17 UTC
Downtrend, consolidating at lows · RSI 42 · price 57.524
Lower highs off 60.43, basing near session lows.
Silver's NY-session push to 60.43 failed near the $60 pivot and bled back to 57.5 through the Asia session, aided by a firm USD after the JOLTS beat. Price is now consolidating 57.45–57.90 just above session lows, RSI(14) mid-40s with no momentum extreme.
Support: 57.45, 57.09
Resistance: 57.90, 58.70
What it said to watch
M15 close below 57.45 exposes the 57.09 prior low
Reclaim of 57.90 swing high opens the 58.70 prior shelf
ADP (12:15 UTC) and Warsh (13:00 UTC) could materially shift this read
Silver rejected the $60 pivot at 60.43 during the prior session and bled back to 57.48 before stalling; the digest ties this to firm USD and hawkish-Fed hike bets capping the corrective bounce. Now grinding sideways 57.60-57.95 in the Asia session, below EMA20/50 with RSI near 44.
Support: 57.48
Resistance: 57.95, 58.58
What it said to watch
M15 close above 57.95 opens the path back toward 58.58
Failure to hold 57.48 confirms a lower low toward the 56.60 shelf
ADP (12:15 UTC) and ISM (14:00 UTC) could break this consolidation
Silver bled off the $60.43 peak through the session to a 57.45 session low, then stalled into a tight 57.6-57.9 consolidation. RSI(14) mid-40s after the decline; price capped under EMA20/EMA50 with the corrective bounce from the $56.60 shelf failing to reclaim $58.
Support: 57.45
Resistance: 57.92, 58.08
What it said to watch
M15 close above 57.92 opens a retest of the 58.08 swing high
Loss of 57.45 session low resumes the lower-low sequence
ADP (12:15 UTC) and Warsh (13:00 UTC) can materially shift this read
Silver rolled over from the 60.43 peak, shedding ~3% into a 57.45 session low before basing in a tight 57.6-57.9 band during Asia hours. Price sits below EMA20 and EMA50; the whole move reads as a corrective slide within the broader bounce off the 56.60 zone.
Support: 57.452, 57.00, 56.60
Resistance: 57.95, 58.52
What it said to watch
Close below 57.45 confirms a lower-low and opens 57.00
Reclaim of 57.95 needed to challenge the 58.52 swing high
ADP 12:15 UTC and Warsh 13:00 UTC could materially shift this read
Silver rolled over from the 60.43 session high, printing a clean chain of lower highs and lower lows down to 57.48 before a shallow bounce. Price sits below EMA20/50 with RSI(14) cooling into the low 40s; the corrective bounce off the $56.60 zone flagged in the wider read has stalled under the 58.00 psych level.
Support: 57.48, 57.17, 57.00
Resistance: 58.00
What it said to watch
Reclaim of 58.00 psych would soften the lower-high sequence
Loss of 57.48 swing low re-exposes 57.17 prior low then 57.00
ADP 12:15 UTC and Warsh 13:00 UTC could materially shift this read
Silver rallied to 60.43 during the prior NY session then faded steadily back to 57.8, a near-full retrace of the move — the corrective bounce off $56.60 flagged in context. Now consolidating just above the 57.48 session low with RSI(14) mid-40s; the 58.10 breakdown zone caps.
Support: 57.482, 57.14
Resistance: 58.10
What it said to watch
M15 close below 57.482 opens 57.14 prior low
Reclaim of 58.10 breakdown needed to ease the downside
ADP 12:15 UTC and Warsh 13:00 UTC can materially move this read
03:46 UTC
Downtrend off NY high, momentum flattening · RSI 44 · price 57.739
Lower highs, consolidating near session lows.
Silver's NY-session spike to 60.43 faded hard, unwinding ~2.9 back to 57.48 into Asia hours. Price is now stalling in a 57.48–58.00 band, RSI(14) mid-40s; this reads as a pause within the corrective decline rather than a base.
Support: 57.482, 57.172
Resistance: 57.997
What it said to watch
M15 close below 57.482 confirms a fresh lower low toward 57.17
Reclaim of 57.997 would break the descending sequence of lower highs
ADP 12:15 UTC and Warsh 13:00 UTC could materially shift this read
Asian session is grinding within a downtrend after the prior rally to 60.43 faded and lower highs stacked toward 58.47. Buyers stepped in near 57.45 and lifted price to 57.83, but it holds below EMA20 and EMA50 with RSI recovering off the low.
Support: 57.45, 57.00
Resistance: 57.99, 58.47
What it said to watch
Reclaim of 57.99 would break the recent lower-high chain
Loss of 57.45 confirms a fresh lower-low toward 57.00
ADP 12:15 UTC and Warsh 13:00 UTC could materially shift this read
Lower highs since 60.43, minor higher lows into Asia.
Silver rolled over from the 60.43 peak through the NY session and bled down to 57.45, and is now grinding a shallow bounce in thin Asia trade back to 58.00. Context frames this as a corrective bounce off the 56.60 zone rather than a trend turn; price still sits below EMA20/50 with RSI mid-40s.
Support: 57.45
Resistance: 58.00
What it said to watch
Reclaim of 58.00 would ease the downtrend read; rejection there keeps lower highs intact
Failure to hold 57.45 confirms a fresh lower low
ADP 12:15 UTC and Warsh 13:00 UTC could materially shift this read
03:02 UTC
Downtrend, bounce off lows · RSI 43 · price 57.758
Lower highs since 60.43 peak, tentative double bottom at 57.45.
Silver rolled over from the $60.43 NY-session peak and the Asia session extended lower to a swing low at 57.45, where buyers stepped in twice to form a small double bottom. RSI(14) sits mid-40s with price under EMA20; the recent high at 57.90 caps the current bounce.
Support: 57.452, 57.05
Resistance: 57.894
What it said to watch
M15 close above 57.90 recent high negates the pullback structure
Failure to hold the 57.45 swing low opens the path toward 57.05 prior low
ADP 12:15 UTC and Warsh 13:00 UTC could materially shift this read
Silver retraced the NY rally to 60.43 all the way back through the Asia session, printing a low at 57.45 before a modest bounce to 57.88. Downtrend intact on M15 with price below EMA20/50; the move reads as a corrective slide within the broader bounce off the $56.60 zone.
Support: 57.452, 57.053
Resistance: 58.674
What it said to watch
Reclaim of 58.674 breaks the lower-high sequence
Loss of 57.452 opens the 57.05 range low
ADP 12:15 UTC and Warsh 13:00 UTC could shift this read
Silver faded ~2.5% from the 60.43 NY-session high back toward 57.45, a corrective slide off the earlier bounce. Buyers stepped in at 57.45 during Asia hours with a small recovery to 57.84; RSI(14) lifting from the low 40s, still below EMA20/50.
Support: 57.45, 57.13
Resistance: 58.08
What it said to watch
Reclaim above 58.08 breakdown challenges the descent
Loss of 57.45 swing low opens 57.13 prior low
ADP (12:15 GMT) and ISM Manufacturing could shift this read
02:16 UTC
Downtrend, retracing NY rally · RSI 35 · price 57.701
Lower highs, full unwind of spike.
Silver spiked to 60.43 during NY hours then fully retraced through the day, now grinding lower into early Asia at 57.70 with RSI(14) mid-30s. Price broke the 58.08 shelf and is pressing the 57.45 session low; the entire corrective rally off the 56.60 base has been unwound.
Support: 57.45, 57.10
Resistance: 58.08
What it said to watch
M15 close below 57.45 opens the 57.10 swing low
Reclaim of 58.08 needed to ease the intraday downtrend
ADP at 12:15 GMT could materially shift this read
02:02 UTC
Downtrend, correcting off peak · RSI 34 · price 57.659
Lower highs, lower lows since $60.43.
Silver has bled from the $60.43 NY-session high to $57.66, breaking below the $58.08 level through the Asian session as the USD firmed post-JOLTS. The move is a correction of the sharp bounce off the $56.60 base, RSI(14) near 34 but not yet washed out.
Support: 57.482, 57.05, 56.60
Resistance: 58.08, 58.674
What it said to watch
M15 close below 57.48 confirms a lower low, exposing 57.05
Reclaim of 58.08 needed to ease downside pressure toward 58.67
ADP (12:15 GMT) and ISM Mfg could materially shift this read
Lower highs off 60.43 peak, retesting session lows.
Silver was rejected near $60 (peaked 60.428) and has since unwound the entire London-NY advance, sliding to 57.85 in thin Asian trade. RSI(14) is pressured near the lows with price back below EMA20/50 after losing the 58.68 pullback high; the base at 56.60 is the reference for the next down leg.
Rolling over from 60.43 peak, chain of lower highs.
Silver spiked to 60.43 through the NY session then rolled over, printing lower highs back to the $58 round number after a sharp rejection at 58.67. Move is a corrective bounce off the $56.60 shelf rather than a trend turn, with RSI(14) cooling near 38 and price under both EMAs.
Support: 57.815, 57.24
Resistance: 58.674
What it said to watch
Close below 57.82 session low opens 57.24
Reclaim of 58.67 swing high needed to stall the pullback
ADP + ISM Mfg PMI later today could shift this read
01:17 UTC
Pullback from session high, momentum down · RSI 38 · price 58.115
Lower highs since 60.43 peak, testing session low.
Silver rolled over from the 60.43 session high and is now probing session lows near 58.02 after a sharp late-window drop to 58.024. The JOLTS beat reinforced hawkish-Fed bets, keeping rebounds capped under 60; RSI(14) mid-30s with lower highs stacking.
Support: 58.02, 57.50
Resistance: 58.67, 60.43
What it said to watch
M15 close below 58.02 exposes the 57.50 swing low
Reclaim of 58.67 needed to challenge the descending highs
ADP + ISM Mfg PMI later today could shift this read
Silver spiked to 60.43 in the NY session then bled lower through Asia, printing lower highs and lower lows down to 58.22 before the current bounce to 58.62; price sits below EMA20/50. Rebound stays corrective and capped well under the $60 cap flagged in the wider read.
Support: 58.22, 57.71
Resistance: 58.85
What it said to watch
M15 close back above 58.85 swing high would break the lower-high chain
Loss of 58.22 swing low extends the intraday downtrend toward 57.71
ADP (12:15 GMT) and Fed's Warsh (13:00) could reshape this read
00:47 UTC
Downtrend, corrective off lows · RSI 39 · price 58.376
Lower highs since 60.43 peak, now ranging near lows.
Silver rolled over from the 60.43 peak into a steady M15 downtrend, a corrective slide after the earlier bounce off multi-month lows with a firm USD bid post-JOLTS. Asia session now ranging 58.22-58.85, price hugging the lower end near the 58.22 swing low with RSI cooling below 40.
Support: 58.224, 58.00
Resistance: 58.854
What it said to watch
M15 close below 58.22 swing low opens 58.00 round number
Reclaim above 58.85 asia high needed to break the Asian range
ADP + Warsh + ISM later today could materially shift this read
Silver has bled lower through Asia hours after tagging 60.43 in NY, unwinding the rally as a JOLTS beat kept the metal capped under $60. Price now sits at 58.38, below EMA20/50 with RSI(14) near 39, holding just above the 58.22 session low.
Support: 58.22, 57.71
Resistance: 58.85
What it said to watch
Break of 58.22 exposes the 57.71 swing low
Reclaim of 58.85 needed to stall the lower-high sequence
ADP + ISM Mfg later today could reset this intraday read
Silver rolled over from the 60.43 spike high into a chain of lower highs, sitting near the 50% retrace of the 56.61-60.43 rally. Asia session is grinding toward the 58.30 session low with RSI(14) cooling near 38; supply capped attempts at 58.85 and the $59 handle. Move reads as corrective drift, not a fresh impulse.
Support: 58.30
Resistance: 58.85, 59.00
What it said to watch
M15 close below 58.30 confirms a lower low
Reclaim of 59.00 needed to neutralise the lower-high sequence
ADP + ISM Mfg (Wed ~12:15-14:00 GMT) could materially shift this read
00:03 UTC
Downtrend after failed push to 60 · RSI 38 · price 58.398
Lower highs, retracing prior rally.
Silver spiked to 60.43 during the prior session then rolled over, and Asia hours are grinding lower — price has now fully retraced that leg and sits back below EMA20/50 with RSI in the mid-30s. A JOLTS beat reinforced firm-USD bets and kept the metal capped under 60. Sellers pressing lower highs into 58.85, buyers stepping in near the 58.30 shelf.
Support: 58.30, 57.54
Resistance: 58.85, 59.36
What it said to watch
Close below 58.30 exposes 57.54 and extends the lower-low sequence
Reclaim of 58.85 needed to challenge 59.36
ADP (12:15 GMT) + ISM Mfg could materially shift this read