Spike-and-reverse; 60.72 cap under prior range floor, recovery line broken.
The NFP miss spiked silver to 62.07, but the move fully reversed as yields firmed. Price broke the Asia low and printed a 59.676 NFP low. A late-NY recovery then stalled at the 60.724 recovery hi, just under the old pre-NFP range floor near 60.74. Price has slipped below the recovery line and sits on the 38.2% recovery fib near 60.32, with RSI(14) ~40 and EMA20 overhead at ~60.44.
Support: 60.20, 60.00, 59.676
Resistance: 60.724, 61.00
What it said to watch
A close below the 60.20 Asia low (50% recovery fib) exposes the 60.00 round number and the 59.676 NFP low
A move back above the 60.724 recovery hi reopens the 61.00 psych level and negates the lower-high read
Thin late-Friday trade into the weekly close; Monday ISM Services (14:00 GMT) could materially shift this read
Lower low at 59.676, then higher lows capped at 60.724.
The 29K NFP miss spiked silver to 62.07, but the push above the London high failed. Price reversed through the Asian low at 60.193 to a 59.676 NY low. The late-NY recovery stalled at the 60.724 swing high, between the 38.2% level and the fib 50% retracement, and price is now drifting just above the 60.415 swing low into the weekly close.
Support: 60.415, 60.193, 59.676
Resistance: 60.724, 60.873, 61.00
What it said to watch
Failure to hold the 60.415 swing low puts the 60.193 asian low and the 60.00–60.30 floor back in play
M15 close above the 60.724 swing high and the fib 50% at 60.873 opens a retest of the 61.00 round number
A move back under the 59.676 ny low extends the post-NFP lower-low sequence
ISM Services PMI Mon 14:00 GMT (f/c 55.7, prices paid) could materially shift this read
Higher-low chain off 59.676 day low, capped below 60.724 bounce high.
The 29K NFP miss drove a spike to 62.07 that was fully rejected. The NY sell-off undercut the asian low at 60.20 to a 59.676 day low, then reclaimed it, a false break. The late-NY rising trendline recovery stalled at the 60.724 bounce high, just past the 38.2% level of the NFP drop fib. Price is now sitting on the trendline near the 60.415 swing low, with RSI(14) neutral near 49.
Support: 60.415, 60.20, 59.676
Resistance: 60.724, 60.873, 61.00
What it said to watch
M15 close below the 60.415 swing low breaks the rising trendline and exposes the asian low at 60.20
Close above the 60.724 bounce high opens the 50% fib at 60.873 and the 61.00 round number
Loss of the 59.676 day low invalidates the false-break read
Friday close is imminent, and Monday's ISM Services (14:00 UTC, f/c 55.7) could materially shift this read
Higher-low chain off 59.68 NY low, capped under 60.73.
The NFP miss spiked silver to 62.07, a false break above the 61.55 London high that fully unwound to a 59.68 NY low, sweeping the 60.20 Asian low. The late-NY recovery holds a rising trendline of higher lows and sits on the 38.2% fib of the NFP spike, with the 60.73 London low capping it and RSI(14) neutral near 54.
Support: 60.415, 60.193, 59.676
Resistance: 60.73, 61.00, 61.315
What it said to watch
M15 close above the 60.73 london low opens the 61.00 round number and the 61.32 lower high
Break of the rising trendline and the 60.415 swing low exposes the 60.20 asian low, then the 59.68 ny low
Thin liquidity into the weekly close; ISM Services Mon Oct 5 14:00 GMT (f/c 55.7) is the next major risk to this read
The NFP miss spiked silver to 62.07, but the move failed above the pre-release range. It unwound through the 60.20 asia low to a 59.68 ny low during NY hours. Late NY has built a higher-low chain off that low, with price testing the EMA50 near 60.70 just above the 38.2% fib. The 50% fib at 60.87 sits overhead.
Support: 60.46, 60.20, 59.68
Resistance: 60.87, 61.00, 61.40
What it said to watch
M15 close below the 60.46 swing low breaks the higher-low trendline and re-exposes the asia low at 60.20
Acceptance above the 50% fib at 60.87 and the 61.00 round number opens the 61.40 lower high
Loss of the 59.68 ny low confirms a lower-low after the false break
Friday weekly close now; ISM Services Mon 14:00 GMT could materially shift this read
The NFP miss spiked silver to 62.07, but the move was rejected within the NY session and unwound through the asian low at 60.20 to a 59.68 ny low. The late-NY recovery has held a rising recovery line back above 60.20 and now tests the 38.2% fib of the NFP drop at 60.59, with the breakdown pivot at 60.84 overhead.
Support: 60.20, 59.676
Resistance: 60.59, 60.843
What it said to watch
M15 close above the 38.2% fib at 60.59 opens the breakdown pivot at 60.84
A break of the recovery line and loss of the asian low at 60.20 reverts to the post-NFP downswing toward the ny low at 59.68
Friday close is near; Monday ISM Services (f/c 55.7, prices paid) could materially shift this read
Higher-low chain off 59.68 after a rejected NFP spike.
The NFP miss spiked silver to 62.07, but the move was rejected and unwound through the 60.19 asian low to a 59.68 session low, a reversal the digest had not confirmed. Since then a higher-low grind after London close has lifted price back to 60.41. It sits on EMA20 along the recovery line, between the 23.6% and fib 38.2% (60.59) retracements of the post-NFP drop.
Support: 60.26, 60.19, 59.68
Resistance: 60.59, 60.74, 61.00
What it said to watch
An M15 close back below the 60.19 asian low turns the reclaim into a failed false break and reopens the 59.68 session low
A break of the recovery line and the 60.26 higher low ends the higher-low chain
An M15 close above the 60.59 fib 38.2% and the 60.74 london low opens the path to the 61.00 round number
Friday close is under two hours away in thin late-NY trade. Monday's ISM Services (f/c 55.7, prices paid) is the next scheduled driver
NFP spike to 62.07 fully reversed; higher-low recovery off 59.68 now back above the Asian low.
The NFP miss spiked silver to 62.07 in the first NY hour, but the move fully reversed and broke the 60.19 Asian low to a 59.68 NY low. Late NY has produced a steady higher-low grind along the recovery line, back above the Asian low and capped at the 60.37 rebound high and ema20. RSI(14) is neutral near 50.
Support: 60.193, 59.949, 59.676
Resistance: 60.37, 60.59, 60.74
What it said to watch
M15 close above the 60.37 rebound high and ema20 opens the fib 38.2 of the NFP spike at 60.59, then the 60.74 london low
Break of the recovery line and the 59.95 higher low would expose the 59.68 ny low again
Losing the 60.19 asian low on a closing basis turns the reclaim into a failed retest
Friday weekly close in ~2h, with thin late-NY liquidity; next scheduled risk is ISM Services Mon 14:00 GMT
The NFP miss at 12:30 GMT spiked silver to 62.07, a false break above the London high, but the move was rejected and fully unwound in NY hours. Price swept the 60.19 asian low to a 59.68 ny low before printing a higher low at 59.95. Late NY, price is grinding back above the asian low along a rising trendline, pressing ema20 near 60.38. RSI(14) is neutral near 49.
Support: 60.19, 59.95, 59.68
Resistance: 60.38, 60.59, 60.84
What it said to watch
M15 close above the 60.59 38.2% fib opens the 60.84 breakdown area
Rejection at ema20 near 60.38 keeps the recovery shallow below the 23.6% fib
Break of the rising trendline and the 60.19 asian low exposes the 59.95 higher low, then the 59.68 ny low
Weekly close tonight; Monday ISM Services PMI (14:00 GMT, f/c 55.7) could materially shift this read
The NFP miss briefly lifted silver above the London high to 62.07 in the first hour of NY. The spike was rejected and the move reversed into a 59.676 session low, through the Asian low near 60.19. Late NY has produced a grind of rising lows held below the 60.30 recovery cap, about 25% back into the drop, with RSI(14) near 43 and price under both EMAs.
Support: 60.15, 60.00, 59.676
Resistance: 60.30, 60.59, 60.78
What it said to watch
M15 close above the 60.30 recovery cap opens the 38.2% fib at 60.59, then the pre-NFP low at 60.78
A break of the rising lows trendline and loss of the 60.00 round number re-exposes the 59.676 session low
Weekly close is under 3h away, and ISM Services on Mon at 14:00 GMT could materially shift this read
Failed NFP spike, then lower lows; now basing in a tight 59.95–60.25 box.
The 29K NFP miss spiked silver through the London high to 62.07, but the move fully reversed. Price sliced through the 60.19 Asian low and the 60.00 psych level to a 59.68 NY low. Late NY is now consolidating between a 59.95 range floor and a 60.25 range top that sits on the 23.6% fib, with RSI(14) near 42 recovering from oversold and price below both EMAs.
Support: 59.95, 59.676
Resistance: 60.246, 60.843, 61.00
What it said to watch
M15 close above the 60.25 range top / 23.6% fib opens the 38.2% fib at 60.59 and the 60.84 breakdown bar high
Recovery of the 61.00 round number would neutralise the post-NFP reversal
Failure to hold the 59.95 range floor exposes the 59.68 ny low and a lower-low sequence
Friday late-NY liquidity is thin; ISM Services Mon 14:00 UTC (f/c 55.7) is the next event that could materially shift this read
Lower highs from 62.07, tight rising-lows coil 60.00–60.25.
Silver spiked to 62.07 on the soft NFP print at 12:30 UTC, but the move was fully rejected during NY hours. Price sliced through the Asian low near 60.19 to a 59.676 session low. Since 16:00 UTC it has compressed into rising lows above 60.00 psych, capped at the 60.245 bounce high (23.6% fib of the spike-to-low drop), with RSI(14) back to ~40.
Support: 60.00, 59.676
Resistance: 60.245, 60.59, 60.80
What it said to watch
M15 close above the 60.245 bounce high opens the 38.2% fib near 60.59 and the 60.80 breakdown zone
Loss of the rising lows and 60.00 psych exposes a retest of the 59.676 session low
Late NY into the Friday close; ISM Services Mon 14:00 UTC (f/c 55.7) is the next scheduled catalyst
The NFP miss spiked silver through the London high to 62.07. The move fully reversed into a series of lower highs, slicing the london low at 60.74 and the asian low at 60.19 before bottoming at the 59.68 ny low. After London close, price is basing in a tight 60.00–60.25 band capped by the bounce high, and RSI(14) has lifted to 36 from oversold.
Support: 60.00, 59.676
Resistance: 60.193, 60.245, 60.74
What it said to watch
Close above the 60.25 bounce high and back over the asian low at 60.19 would end the lower-high sequence
Failure to hold the 60.00 round number exposes a retest of the 59.68 ny low
Reclaim of the 61.60 fib 38.2% area would revive the spike high; the lower-high trendline currently caps the bounce
ISM Services Mon 14:00 UTC (f/c 55.7) is the next catalyst; Friday close leaves weekend gap risk
Post-NFP spike fully reversed; lower lows, tight base forming late NY.
The 12:30 UTC NFP miss spiked silver to 62.07, above the London high, but the move fully reversed. Price then broke the 60.19 Asian low and reached a 59.676 session low by 15:45 UTC. After London close it is holding a tight 59.94–60.25 range, between the range base and range top, with RSI(14) recovering to ~36 and price below both EMAs.
Support: 59.935, 59.676
Resistance: 60.245, 60.59, 60.74
What it said to watch
M15 close above the 60.245 range top and the 60.19 Asian low opens the fib 38.2 at 60.59, then the london low at 60.74
Failure to hold the 59.935 range base exposes the 59.676 session low; a break there extends the lower-low sequence
ISM Services Mon 14:00 UTC (f/c 55.7) could materially shift this read; late-Friday liquidity is thin into the weekly close
17:06 UTC
Downtrend, bounce stalling · RSI 33 · price 60.10
Post-NFP false break; lower highs, price back below Asian range.
The NFP miss (29K vs 90K) spiked silver to 62.07 in the first hour of NY. The move was fully rejected despite USD softness, and the fade broke the Asian low at 60.20 to a 59.68 session low. After London close the bounce is capped at the Asian low and the 23.6% fib near 60.20–60.24, with higher lows forming around 59.95 and RSI(14) near 33.
Support: 59.95, 59.68
Resistance: 60.20, 60.59, 60.78
What it said to watch
M15 close back above the Asian low at 60.20 reopens the 38.2% fib at 60.59 and the London low at 60.78
Failure at the 59.95 higher lows exposes the 59.68 session low; a close below it confirms a fresh lower-low
A break of the falling NY trendline from 62.07 would shift the read from fade to recovery
No data before the Friday close and liquidity is thinning; ISM Services Mon 14:00 UTC is the next scheduled risk
NFP spike fully reversed; Asian range low broken, lower highs since 13:00 UTC.
The 29K NFP miss drove a spike to 62.07 that failed above the 61.55 London high. NY hours then reversed it through the 60.19 Asian low to a 59.68 NY low. Late NY, after London close, price is holding just above the 60.00 psych handle, with the Asian low capping the bounce.
Support: 60.00, 59.676
Resistance: 60.193, 60.59, 60.783
What it said to watch
M15 close back above the 60.19 Asian low and the 60.59 38.2% fib of the NFP spike eases the breakdown read; the pre-nfp low at 60.78 sits above
Failure to hold the 60.00 psych handle exposes a retest of the 59.68 NY low
Friday late-NY liquidity is thin; ISM Services Mon 14:00 UTC is the next scheduled risk
16:32 UTC
Downtrend, early bounce off lows · RSI 33 · price 60.093
Post-NFP spike fully reversed; lower highs, Asian low broken.
The 29K NFP miss spiked silver to 62.07, above the London high, but the move fully reversed during NY hours. Price broke the Asian low at 60.19 and printed a session low at 59.68. After London close it is bouncing back above the 60.00 psych level, with RSI(14) near 33 and the broken Asian low just overhead.
Support: 60.00, 59.676
Resistance: 60.193, 60.59, 60.75
What it said to watch
An M15 close back above the 60.19 asian low would neutralise the range break; rejection there keeps the post-NFP lower highs intact
A break below the 59.68 session low extends the sell-off sequence; the 60.00 psych level is the first test
The 38.2% fib of the NFP spike at 60.59 and the 60.75 london low cap any deeper bounce
Friday late-NY liquidity is thinning; ISM Services Mon 14:00 UTC is the next scheduled risk
16:17 UTC
Downtrend, sharp NY reversal off post-NFP spike · RSI 28 · price 59.976
Lower highs and lower lows since 62.07 spike; Asian and London lows broken.
The 29K NFP miss spiked silver to 62.07 above the London high, but the move fully reversed during NY hours. The reversal cut through the 60.74 london low and the 60.19 asian low to a 59.676 session low. Price is now pinned at the 60.00 psych level with RSI(14) near 28 and lower highs intact.
Support: 59.676
Resistance: 60.00, 60.193, 60.74
What it said to watch
M15 close back above 60.19 asian low would turn the overnight break into a false break
Failure to hold 59.676 session low extends the lower-low sequence
Reclaim of 60.74 london low and the lower highs line needed to neutralise the NY reversal
38.2% fib of the NFP spike sell-off near 60.59 is the first retracement marker
Friday late-NY liquidity thins into the close; ISM Services Mon 14:00 UTC is the next scheduled risk
Post-NFP spike to 62.07 fully reversed; lower lows through Asian low and 60.00.
The NFP miss (29K vs 90K) sparked a spike to 62.07 above the London highs, but it fully reversed during NY hours. Silver broke the 60.19 asian low and psych 60.00, printing a 59.68 session low. RSI(14) sits near 24, oversold, and ATR(14) is ~350 pips.
Support: 59.676
Resistance: 60.00, 60.193, 60.59
What it said to watch
A close back above psych 60.00 and the 60.19 asian low would mark the breakdown as a false break
Failure to hold the 59.68 session low extends the lower-low sequence
The 60.59 38.2% fib of the NFP spike-reversal leg is the first structural test on any bounce
Thin Friday liquidity after London close; ISM Services Mon 14:00 UTC is the next scheduled risk
Lower highs from 62.07, Asian low and 60.00 broken.
The NFP miss (29K vs 90K) spiked silver to 62.07 above the London high. That spike failed, and NY hours have since printed a sequence of lower highs, cutting through the 60.193 Asian low and the 60.00 psych level. Price is pinned at the 59.816 session low, with RSI(14) near 31 and ATR expanded to about 375 pips, so the dovish data is not holding a bid.
Support: 59.816, 59.50
Resistance: 60.00, 60.193, 60.783
What it said to watch
Reclaim of the 60.00 psych and 60.193 Asian low would turn the break lower into a false break
Failure to hold the 59.816 session low leaves the 59.50 round number as the next reference
A close above the 60.68 38.2% fib of the post-NFP drop and the 60.783 pre-NFP low is needed to break the lower-highs trendline sequence
Late-Friday NY liquidity is thinning; ISM Services Mon 14:00 UTC is the next scheduled risk that could shift this read
Lower highs and lower lows since 62.07, Asian range low broken.
The NFP miss (29K vs 90K) spiked silver to 62.07 early in the NY session, but the NFP fade has printed a string of lower highs and cut through the london low at 60.74 and the asian low at 60.19. Price tagged a session low of 59.978 just under the 60.00 handle. It now sits below the Asian range with RSI(14) near 32, cooling but not oversold, and ATR around 370 pips.
Support: 59.978
Resistance: 60.193, 60.74, 61.404
What it said to watch
M15 close back above the 60.19 asian low would mark the break as a false break
Failure to hold the 59.978 session low extends the lower-low sequence below 60.00
Reclaiming the 60.74 london low and the 61.404 lower high breaks the lower-highs trendline
ISM Services Mon 14:00 UTC (f/c 55.7) is the next scheduled risk for this read
The 29K NFP miss sent silver through the 61.55 London high to 62.07, but that false break was rejected and the post-NFP fade has printed lower highs at 61.66, 61.40 and 61.32 through mid-NY. Price has now lost the 60.75 London low and the 61.00 round number and is sitting on the 60.19 Asian low, with RSI(14) near 38 and not yet stretched.
Support: 60.19, 60.00
Resistance: 60.75, 61.00, 61.40
What it said to watch
M15 close below the 60.19 Asian low breaks the day's range floor and exposes the 60.00 psych level
Recovery back above the 60.75 London low and the 61.00 round number would undercut the post-NFP fade read
A close through the lower highs line near 61.40, close to the 61.8% fib of the post-NFP fade, would break the descending sequence
Friday NY close thins liquidity; ISM Services Mon 14:00 UTC is the next scheduled risk
False break above London high at 62.07, lower highs 61.66 → 61.40, lower low at 60.72.
The 29K NFP miss spiked silver to the 62.07 nfp high above the London session high, but the move fully reversed during NY hours. Lower highs at 61.66 and 61.40 have pushed price back below the 61.00 round number, and it now sits at the 60.72 session low, below EMA20/50 with RSI(14) near 44.
Support: 60.72, 60.35, 60.19
Resistance: 61.00, 61.40, 62.07
What it said to watch
M15 close below the 60.72 session low opens the prior low at 60.35 and the Asian low at 60.19
Reclaiming the 61.00 round number and closing above the 61.40 lower high would break the post-NFP trendline and the lower-high sequence
61.40 also marks the 50% retracement of the NFP spike fib, so the level carries double weight
London close into a thin Friday NY afternoon can exaggerate swings; the next scheduled risk is ISM Services on Mon 14:00 UTC
14:47 UTC
Post-NFP spike faded, choppy inside a wide range · RSI 54 · price 61.258
The NFP miss (29K vs 90K, soft wages) launched silver from 61.17 to a 62.07 NFP spike high, but sellers capped it and the NY session has since printed lower highs near 61.66, with a 60.96 swing low holding. Price sits on EMA20 at 61.26, between the 38.2% and 50% fib of the Asia low to NFP high leg, with RSI(14) neutral at 54.
Support: 60.96, 60.74, 60.20
Resistance: 61.66, 62.07
What it said to watch
An M15 close above the 61.66 lower high breaks the lower-highs line and reopens the 62.07 NFP spike high.
A break of the 60.96 swing low (61.8% fib zone) exposes the 60.74 London low, then the 60.20 Asia low.
No US data remains before Monday's ISM Services at 14:00 GMT. A 10Y yield move against the 5.25% area remains the swing driver into a thin Friday close.
Lower highs off 62.07; price testing the rising trendline from the Asian low at the pre-NFP base.
The NFP miss (29K vs 90K) at 12:30 GMT lifted silver from 61.17 to an NFP spike high of 62.07, a false break above the 61.545 London high. The move has fully round-tripped in NY hours. Price is back at the pre-NFP base near 60.96, sitting on the rising trendline from the 60.19 Asian low with the fib 61.8 at 60.91 just below.
Support: 60.96, 60.91, 60.74
Resistance: 61.24, 61.545, 62.07
What it said to watch
M15 close below the fib 61.8 at 60.91 breaks the rising trendline and exposes the 60.74 London low
Reclaim of the 61.24 post-NFP low would neutralise the failed-spike read and reopen the 61.545 London high
ATR near 345 pips after the release; ranges stay wide into the Friday close, and ISM Services Mon 14:00 GMT is the next scheduled catalyst
14:17 UTC
Post-NFP spike faded, rotating in a range · RSI 58 · price 61.47
Higher lows from Asian low; 61.16–61.66 post-NFP range.
The NFP miss (29K vs 90K) briefly pushed silver through the London high and the 61.75 sellers cap to a 62.07 spike high, but both spike bars were rejected. Mid-NY, price is rotating in a 61.16–61.66 range around the 50% retrace of the 60.78–62.07 move, with higher lows from the 60.19 Asian low still intact.
Support: 61.16, 60.78
Resistance: 61.66, 61.75, 62.07
What it said to watch
M15 close above the 61.66 range top brings the 61.75 sellers cap and 62.07 spike high back into play
Break of the 61.16 post-nfp low, below the 61.8% retrace, exposes the 60.78 pre-nfp low and the rising Asian-low trendline
Friday NY afternoon liquidity is thinning into the weekly close; ISM Services on Mon 14:00 GMT is the next scheduled risk
14:04 UTC
Intraday up from Asian low, post-NFP chop · RSI 57 · price 61.402
Higher lows since Asia; post-NFP range 61.16–62.07 with lower highs.
The 29K NFP miss lifted silver from the 60.78 pre-NFP low to a 62.07 NFP high in the first hour of NY, but both prints above 62 were rejected and price is coiling near the 50% of the NFP spike fib around 61.40, back under the 61.55 London high. Higher lows from the 60.19 Asian low remain intact; ATR(14) has expanded to roughly 300 pips.
Support: 61.163, 61.00, 60.783
Resistance: 61.545, 61.632, 62.07
What it said to watch
M15 close above the 61.63 lower high reopens the 62.07 NFP high, with 61.75 the cap from Wednesday in between
Break of the 61.16 post-NFP low exposes the 61.00 round number and the 60.78 pre-NFP low
Failure to hold 60.78 breaks the higher lows trendline from the Asian low
US 10y yield vs the 5.25% pivot is the main driver of post-NFP follow-through; Factory Orders at 14:00 UTC is minor
13:48 UTC
Post-NFP spike, retracing · RSI 59 · price 61.437
Spike to 62.07 rejected, price back inside London range.
The across-the-board NFP miss (29K vs 90K, soft wages) drove a spike from 60.78 to the 62.07 NFP high in the first half-hour of NY. Both release bars left long upper wicks, and price slipped back below the London high at 61.55 after a 61.63 lower high. Price is holding the 50% fib of the NFP leg near 61.43, with the post-NFP low at 61.24 sitting on the 61.8% level and the pre-NFP cap at 61.17 below.
Support: 61.237, 61.17, 60.74
Resistance: 61.545, 61.632, 62.07
What it said to watch
M15 close back above the London high at 61.55 and the 61.63 lower high reopens the 62.07 NFP high
Loss of the post-NFP low at 61.24 and the pre-NFP cap at 61.17 returns price to the 60.74–61.55 London range, with the London low at 60.74 below
Factory Orders at 14:00 UTC is minor; the US 10y yield reaction to the payroll miss is the larger swing factor for the NFP leg
Broke Asian and London range highs, now retracing inside the NFP spike.
The 29K NFP miss at 12:30 UTC lifted silver from the 60.78 pre-NFP low. It cleared the Asian high at 61.46 and the London high at 61.55, then tagged a 62.07 session high, but the 13:00 bar rejected it and closed at 61.30. Early in the NY session price is holding near the 50% retrace at 61.43, with the post-NFP low at 61.24 just below; ATR(14) has widened to roughly 280 pips.
Support: 61.237, 61.00, 60.783
Resistance: 61.545, 61.787, 62.07
What it said to watch
M15 close back below the london high at 61.55 keeps the move a retrace inside the NFP spike; a reclaim of the 61.79 nfp-bar high puts the 62.07 session high back in play
Failure to hold the 61.24 post-NFP low (61.8% fib) exposes the 61.00 round number and the rising lows trendline
A break of the 60.78 pre-NFP low would fully unwind the payrolls move
Factory Orders at 14:00 UTC is minor but could add volatility while ATR is elevated
NFP spike to 62.07 faded back below London high; price testing 61.8% retrace of the release leg.
The across-the-board NFP miss (29K vs 90K) at 12:30 UTC sent silver from the 60.783 pre-nfp low through the 61.545 london high to a 62.07 nfp high. The 13:00 bar rejected that high and closed near 61.30, a false break that puts price back under the asian high and on the 61.8% retrace of the release leg. Early NY, RSI(14) is neutral near 53 and ATR has expanded to roughly 285 pips.
Support: 61.125, 60.783, 60.74
Resistance: 61.462, 61.545, 62.07
What it said to watch
A close back above the 61.545 london high would reopen the 62.07 nfp high, with the digest's 61.75 cap in between
A break of the 61.125 nfp bar low (release base) would unwind the spike toward the 60.783 pre-nfp low and the 60.74 london low
The higher lows trendline from the 60.193 Asia low, now near 60.93, underpins the intraday structure
Factory Orders at 14:00 UTC is minor; post-NFP moves in yields and October hike odds are the bigger swing factor
London range 60.74–61.55 broken higher on NFP; higher lows from Asian low intact.
The 12:30 UTC payrolls miss (29K vs 90K, wages 0.1% m/m) lifted silver out of the 60.74–61.55 London range to a 62.047 NFP spike. Supply trimmed the spike, and price is now stalling under the 61.80 post-NFP high in the first hour of NY. The 38.2% fib of the 60.783 pre-NFP low to 62.047 move sits on the London high at 61.545, the nearest support; ATR is inflated by the release bar.
Support: 61.545, 61.36, 60.783
Resistance: 61.804, 62.047
What it said to watch
An M15 close back below the london high at 61.545 turns the range break into a false break and exposes the nfp bar low at 61.36 (near the 50% fib)
A close above the 61.80 post-nfp hi, which overlaps the 61.75 area that capped Wednesday, reopens the 62.047 nfp spike
Loss of the 60.783 pre-NFP low breaks the higher lows trendline from the Asian low
Factory Orders at 14:00 UTC is minor, but Fed-speaker pushback on the payroll miss could reverse the move
12:47 UTC
Post-NFP spike higher, first bar stalling · RSI 62 · price 61.578
Break above London range top, long upper wick at 62.047.
Silver held a 60.74–61.55 range through London after the Asia low at 60.193, then the 12:30 UTC NFP release drove a spike through the 61.545 London high and the 61.75 bounce cap to 62.047. Most of that spike faded, and the next bar is sitting just above the London high at 61.58 with RSI(14) near 62.
Support: 61.545, 61.17, 60.74
Resistance: 61.75, 62.047
What it said to watch
M15 close back below the 61.545 london high puts the breakout at risk and exposes 61.17 (pre-nfp high) and the 61.12 fib 50% of the Asia-low-to-NFP-high move
Acceptance above the 61.75 bounce cap, then the 62.047 nfp high, would confirm the spike was more than a wick
A break of the rising lows trendline and the 60.74 london low would reverse the post-NFP move entirely
Factory Orders at 14:00 UTC and Fed-speak reacting to NFP could shift this read during NY hours
The still-forming NFP release bar spiked from the 61.17 pre-NFP high to 61.934 during the London-NY transition, clearing the 61.545 London high and the 61.75 bounce cap before paring back to 61.649. The move extends a higher-low sequence from the 60.193 Asia low through the 60.74 London low, with RSI(14) near 66 and ATR(14) about 230 pips. The release bar alone spans about 800 pips.
Support: 61.545, 61.17, 60.74
Resistance: 61.75, 61.934, 62.00
What it said to watch
M15 close back below the 61.545 London high would mark the spike as a false break back into the London range
Acceptance above the 61.75 bounce cap opens the 61.934 NFP high and the 62.00 round number
Fib 38.2% near 61.27 sits just above the 61.17 pre-NFP high; a close below 61.17 unwinds most of the release move
Loss of the 60.74 London low breaks the higher-low trendline from the Asia low
Post-NFP yield and Fed-speak reaction, plus Factory Orders at 14:00 UTC, could materially shift this read
12:17 UTC
Pullback from London high, lower highs · RSI 39 · price 60.838
LH/LL sequence off 61.545, testing 50% fib of Asia rally.
Silver rallied from the 60.193 Asia low to a 61.545 London high as yields eased, then rolled over. Lower highs at 61.27 and 61.116 have pushed price back to 60.84, near the 50% retracement, ahead of NFP at 12:30 UTC. The 60.74 swing low sits just above the 61.8% level at 60.71. ATR(14) is about 168 pips.
Support: 60.74, 60.349, 60.193
Resistance: 61.116, 61.545
What it said to watch
NFP at 12:30 UTC (f/c 90K, AHE 0.3% m/m): a firm print reviving hike bets would pressure the 60.74 swing low
Break below the 60.74 swing low / 61.8% fib exposes the 60.349 prior low, then the 60.193 asia low
Close above the 61.116 lower high and the descending trendline invalidates the pullback read; 61.545 london high next
Lower high 61.27 under 61.545; tight 60.96–61.12 range.
Silver recovered from the 60.19 Asia session low to a 61.545 day high around London open as US yields paused, but was rejected there. A 61.27 lower high and the drop to the 60.74 swing low, near the 61.8% fib, have left price in a tight 60.96–61.12 range (range low to range top) during the London-NY transition, just before NFP.
Support: 60.96, 60.74, 60.193
Resistance: 61.12, 61.27, 61.545
What it said to watch
US NFP at 12:30 GMT (~30 min, f/c 90K, AHE 0.3%) could break the 60.96–61.12 range either way
M15 close above the 61.27 lower high reopens the 61.545 day high
Failure at the 60.74 swing low breaks rising support and exposes the 60.19 session low
11:47 UTC
Intraday recovery stalled, lower highs since London peak · RSI 44 · price 60.99
V-rebound from Asia low to 61.545, then a London pullback with lower highs compressing around 61.00.
Asia swept below yesterday's 60.35 low to 60.193 before a yield-pause rebound carried silver to a 61.545 session high early in London. Since then the market has printed lower highs at 61.266 and 61.116, with the 60.74 london low holding near the 61.8% fib, and it is now compressing at 61.00 into NFP.
Support: 60.74, 60.193
Resistance: 61.266, 61.545
What it said to watch
US NFP/AHE at 12:30 GMT (~45 min) could materially shift this read; a hot wage print is the main downside risk per yields
M15 close below the 60.74 london low reopens the 60.193 asia low
M15 close above the 61.266 lower high breaks the lower-high trendline and puts the 61.545 session high back in view
11:32 UTC
Intraday rally stalled, lower highs since London open · RSI 41 · price 60.991
Failed break of Asian high, compressing between 60.74 and 61.27 into NFP.
The Asian rally off the 60.193 asian low ran as yields eased, and London open pushed through the 61.462 asian high to a 61.545 london high but could not hold above it. Price has since put in a lower high at 61.266 while holding the 60.74 swing low. It now sits at the 61.00 pivot and 38.2% of the Asian rally fib, below EMA20/50, in late London with roughly 1h to NFP.
Support: 60.74, 60.193
Resistance: 61.266, 61.462, 61.545
What it said to watch
US NFP/AHE at 12:30 GMT (~1h) could materially shift this read; ATR ~165 pips understates likely release range
M15 close above the 61.266 lower high breaks the lower-highs trendline and puts the 61.462 asian high and 61.545 london high back in play
Failure to hold the 60.74 swing low (near 61.8% of the Asian rally fib) exposes the 60.193 asian low
11:17 UTC
Intraday uptrend from Asian low, fading since London high · RSI 46 · price 61.078
Lower highs off 61.545, pullback held 60.74 near 61.8% fib.
Silver rallied through Asia from the 60.19 Asian low as yields paused. London pushed past the 61.46 Asian high to 61.545, then faded into lower highs at 61.27. The 10:15 UTC pullback found demand at the 60.74 London low, just above the 61.8% fib. Price is now pinned at the 61.00 pivot, sitting just under EMA20, ahead of the 12:30 UTC NFP release.
Support: 60.74, 60.35, 60.193
Resistance: 61.266, 61.462, 61.545
What it said to watch
US NFP at 12:30 GMT (f/c 90K, AHE 0.3%): a hot print is the main risk to the 60.74 london low
Close back above the 61.27 lower high breaks the lower-high trendline and reopens the 61.46 asian high / 61.545 london high
Loss of 60.74 exposes the 60.35 prior low and the 60.19 asian low
11:04 UTC
Intraday bounce stalled, lower highs since London high · RSI 48 · price 61.056
London false break above Asian high, lower highs, now coiling at 61.00 pre-NFP.
Silver's yield-pause rally from the 60.19 asian low carried through the 61.46 asian high at London open, but it was rejected at the 61.545 london high. Lower highs since then and a dip to the 60.74 session low held near the 61.8% retracement. Price is now coiling on the 61.00 round number into NFP, with RSI(14) neutral near 48 and price just below EMA20.
Support: 61.00, 60.74, 60.193
Resistance: 61.266, 61.462, 61.545
What it said to watch
US NFP/AHE at 12:30 GMT (~90 min) could materially shift this read. A re-test of yield highs is the main downside driver.
An M15 close above the 61.27 lower high breaks the lower-high sequence and puts the 61.46 asian high and 61.545 london high back in play.
Failure to hold the 61.00 round number exposes the 60.74 session low. Below that sits the 60.19 asian low.
10:48 UTC
Intraday range after failed London push · RSI 47 · price 61.062
Lower highs since London open inside the Asian range.
Asia rebounded from 60.19 to an Asian high of 61.46 as yields paused, but the London open break to the 61.545 london high failed and was rejected. That false break was followed by a lower high at 61.27 and a dip to the 60.74 london low, close to the 61.8% fib of the Asia rally. Price is back at the 61.00 round number mid-London, below EMA20 and just above EMA50, with RSI(14) neutral at 47.
Support: 61.00, 60.74
Resistance: 61.266, 61.462, 61.545
What it said to watch
US NFP, AHE and unemployment at 12:30 GMT (~1h45m) could materially shift this read; ATR(14) near 195 pips understates likely release volatility
M15 close above the 61.27 lower high breaks the lower-highs trendline from the London high
Acceptance back above the 61.46 asian high reopens the 61.545 london high
Failure to hold the 61.00 round number and the 60.74 london low exposes the 60.19 Asian session low
10:32 UTC
Short-term pullback after an Asia-session rally · RSI 43 · price 60.931
Lower highs in London, retracing the Asia rally.
Silver's Asia-session rally ran from the 60.193 asian low to a 61.545 session high around London open, helped by the pause in US yields, then stalled there. London has since put in a lower high at 61.266 and broken the 60.99 pullback low. The drop to the 60.74 london low reached the 61.8% fib of the Asia rally, and price now sits below both EMAs with RSI(14) near 43.
Support: 60.74, 60.193
Resistance: 61.03, 61.266, 61.545
What it said to watch
M15 close below the 60.74 london low would take price beyond a 61.8% retracement and expose 60.50, then the 60.193 asian low
A failure at the 61.03 fib 38.2 would keep the London lower-high sequence intact
M15 close above the 61.266 lower high breaks that sequence and reopens the 61.545 session high
US NFP at 12:30 GMT (f/c 90K, AHE 0.3% m/m) could materially shift this read; a hot print or hot wages would put the 61.00 pivot at risk
10:17 UTC
Pullback from London high, momentum fading · RSI 44 · price 60.911
Higher-low chain broken; lower high at 61.27.
Silver rebounded from the 60.19 Asian low as 10y yields eased into NFP. London briefly cleared the Asian high to a 61.545 London high before rejection. The 10:00 GMT bar broke the 60.99 higher low and printed a 60.83 swing low, putting price below both EMAs and near the 50% fib of the overnight rally.
Support: 60.828, 60.349, 60.193
Resistance: 61.00, 61.266, 61.545
What it said to watch
M15 close below the 60.83 swing low extends the lower-low sequence toward the 60.35 prior low
Reclaim of the 61.00 round number and the 61.27 lower high neutralises the pullback read
US NFP at 12:30 GMT (~2h) could push price through the 60.19 Asian low or the 61.545 London high
Lower highs from the 61.55 London high over a 61.00 floor; compressing mid-London.
Silver rebounded from a 60.19 early-Asia low to the 61.46 Asia high as yields eased, then London briefly pushed to 61.55 before rejection. Price now holds the 60.99 London low near the 38.2% fib of the rally, capped by lower highs at 61.27 and sitting just under EMA20.
Support: 60.99, 60.87, 60.71
Resistance: 61.27, 61.46, 61.55
What it said to watch
US NFP, unemployment and AHE at 12:30 GMT can break the compression either way
M15 close below the 60.99 London low exposes the 50% fib at 60.87 and the 61.8% fib at 60.71
M15 close above the 61.27 lower high and the lower-highs line reopens the 61.46 Asia high and 61.55 London high
09:48 UTC
V-recovery off Asia low, stalling below 61.55 · RSI 56 · price 61.181
London-open push above the Asian high rejected; higher low near 61.00, compressing in 61.00–61.55 box.
Silver dropped to the 60.19 Asian low on oil and hawkish-Fed headlines, then recovered as US yields eased. London open swept the 61.46 Asian high to a 61.55 London high and was rejected. The pullback held a higher low near 60.99, close to the 38.2% fib, and price is now compressing just above the ema20 at 61.15 into NFP.
Support: 61.15, 60.99, 60.19
Resistance: 61.46, 61.55
What it said to watch
US NFP, unemployment and AHE at 12:30 GMT (~2h45m) could materially shift this read; a hot print puts the 60.99 higher low in play
M15 close below the 60.99 higher low and the 38.2% fib breaks the recovery structure
Acceptance above the 61.55 london high, and back above the 61.46 asian high, negates the London-open rejection
Loss of the ema20 at 61.15 keeps price pinned in the lower half of the 61.00–61.55 box
V-shaped rebound from asian low; London swept asian high and rejected.
Silver rebounded from the 60.19 asian low as US yields eased, then London ran the 61.46 asian high to a 61.545 london high and was rejected back toward 61.10. Price now sits just under EMA20 with RSI(14) near 55, holding the 60.99 swing low at the 38.2% retracement of the rebound, while the 61.31 prior high caps the first push back up.
Support: 60.99, 60.869, 60.193
Resistance: 61.314, 61.462, 61.545
What it said to watch
M15 close below the 60.99 swing low opens a deeper retracement toward the fib 50% at 60.87
Recovery through the 61.31 prior high puts the 61.46 asian high and 61.545 london high back in play
US NFP and wages in ~3h could materially shift this read; a hot print risks a run back at the 60.19 asian low
09:06 UTC
Intraday rebound stalling after London open · RSI 44 · price 61.061
Failed break above Asian high, pullback into fib.
The rebound from the 60.19 early-Asia low, helped by easing US 10Y yields, carried London open through the 61.462 Asian high to 61.545. That break failed. Price has faded back to 61.06, testing the 38.2% fib of the Asia rebound, with the 60.96 swing low the nearest pivot below.
Support: 61.03, 60.96, 60.87
Resistance: 61.462, 61.545
What it said to watch
M15 close below the 60.96 swing low opens the 50% fib at 60.87 and breaks the higher-low sequence
Recovery back above the 61.462 asian high negates the false break read; the london high at 61.545 caps above
US NFP at 12:30 GMT (f/c 90K, AHE 0.3% m/m) could materially shift this read
10Y yields back toward 5.34% would add pressure on the rebound
Higher lows off 60.19 Asian low; London push above Asian high failed.
Silver rebounded from the 60.19 Asian low as US 10Y yields eased toward 5.25%. The London open pushed through the 61.46 Asian high to a 61.545 session high, but rejection there pulled price back to 61.14. Price now sits just under EMA20 and above the 38.2% fib near 61.03, with RSI(14) neutral around 49.
Support: 61.03, 60.96
Resistance: 61.46, 61.545
What it said to watch
M15 close back above the 61.46 asian high would invalidate the false break read and put the 61.545 session high back in play
A break below the 60.96 swing low would undercut the higher-low sequence and expose the 50% fib near 60.87
US NFP and AHE at 12:30 GMT, under 4h away, could materially shift this read
08:34 UTC
Intraday uptrend, stalling at London high · RSI 51 · price 61.241
HH/HL chain from Asian low; London false break above Asian high.
Asia swept the prior-day lows into 60.19, then built a HH/HL climb as 10Y yields eased from 5.34%. London pushed through the 61.46 Asian high to a 61.545 London high but was rejected, and price is back under the 61.31 prior high with RSI(14) neutral near 51 and the rising trendline from the Asian low intact off the 60.96 swing low.
Support: 60.96, 60.869, 60.193
Resistance: 61.314, 61.462, 61.545
What it said to watch
M15 close back above the 61.46 Asian high and 61.545 London high resumes the HH chain
Break of the 60.96 swing low and rising trendline ends the HL sequence; fib 50% at 60.87 is next on the retracement
US NFP at 12:30 GMT (~4h, f/c 90K, AHE 0.3% m/m) could materially shift this read; the 60.19 Asian low is the reference on a hot wage print
08:17 UTC
Uptrend off the Asia low, stalling at session highs · RSI 57 · price 61.302
Higher lows from 60.193; London false break above the asian high.
Silver flushed to 60.193 early in the Asia session, then reversed as 10Y yields eased from 5.34%, building a higher-low chain along a rising trendline. London spiked through the asian high at 61.462 to a 61.545 london high but closed back inside, a false break, with RSI(14) near 57 and price holding just above the 61.06 higher low.
Support: 61.18, 61.06, 60.96
Resistance: 61.462, 61.545, 61.75
What it said to watch
M15 close above the 61.545 london high negates the false break and opens the 61.75 cap zone
Loss of the rising trendline near 61.18 and the 61.06 higher low puts the 60.96 swing low back in play
Close below the 60.96 swing low exposes the 61.8% fib of the asia-london leg at 60.71
US NFP at 12:30 GMT (~4.3h, f/c 90K, AHE 0.3%) could materially shift this read
08:04 UTC
Intraday recovery, stalling below Asian high · RSI 55 · price 61.225
HL at 60.96 then LH at 61.40, compressing under 61.46.
Asia ran a V-recovery from the 60.193 session low to a 61.462 Asian high as 10y yields eased off 5.34%. The pullback held the 60.96 swing low near the 50% fib, but early London met rejection at a 61.40 lower high, leaving price mid-range with the 61.06 micro low below.
Support: 61.06, 60.96
Resistance: 61.404, 61.462
What it said to watch
M15 close above the 61.46 Asian high resumes the higher-high chain
Loss of the 61.06 micro low exposes the 60.96 swing low and rising support
Break below 60.96 confirms a lower-low and voids the 50% fib hold
US NFP and AHE at 12:30 UTC (~4.5h) could materially shift this read
07:47 UTC
Intraday recovery, pausing below Asian high · RSI 46 · price 61.077
V-recovery from 60.193, pullback to 38.2% fib, lower high at 61.22.
Asia swept below the 60.30 prior low to 60.193, then recovered 1,270 pips as 10y yields eased, clearing the 61.314 prior high before rejection at the 61.462 Asian high. Early London is holding the 60.96 pullback low at the 38.2% fib. A 61.22 lower high caps the bounce and price sits under EMA20, so the session is still inside the Asian range.
Support: 60.96, 60.30, 60.193
Resistance: 61.22, 61.314, 61.462
What it said to watch
M15 close below the 60.96 pullback low exposes the 60.30 prior low and the 60.193 Asian low
Reclaim of the 61.22 lower high puts the 61.314 prior high and 61.462 Asian high back in play
US NFP/AHE at 12:30 UTC (~5h) could materially shift this read
V-shaped Asian recovery, early London pullback holding higher low.
Asia flushed to the 60.193 Asian low, then recovered to a 61.462 session high as 10y yields eased from 5.34%. Supply then capped price there. The early London pullback found demand at the 60.96 swing low, near the 38.2% fib. Price is now consolidating around 61.10, just under the EMA20, with RSI neutral near 51.
Support: 60.96, 60.83, 60.193
Resistance: 61.314, 61.462
What it said to watch
US NFP, unemployment and AHE at 12:30 UTC (~5h) could materially shift this read
A close back above the 61.314 prior high reopens the 61.462 session high
Failure to hold the 60.96 swing low exposes the 50% fib at 60.83 and puts the rising support line at risk
A drop below the 50% fib shifts focus back toward the 60.193 Asian low
07:17 UTC
Intraday recovery, pausing below Asian high · RSI 53 · price 61.131
V-shaped rebound from 60.19; first pullback held the 38.2% fib.
Asia sold off to the 60.19 Asian low, then rebounded in a V to the 61.46 Asian high as US 10y yields eased from 5.34%. London opened with a rejection at that high and a pullback that held the 38.2% fib at 60.96. Price is back at 61.13, just above EMA20, and still below the 61.31 prior high.
Support: 60.96, 60.83, 60.19
Resistance: 61.31, 61.46
What it said to watch
M15 close back above the 61.31 prior high reopens the 61.46 Asian high
Failure to hold the 60.96 38.2% fib exposes the 60.83 50% fib, with the 60.19 Asian low below
US NFP at 12:30 GMT (~5h, f/c 90K) could materially shift this read; ATR near 158 pips points to wide swings
07:05 UTC
Intraday recovery stalling at London open · RSI 49 · price 61.043
Asia rally from 60.19 failed above prior high; higher-low chain cracked, testing 38.2 fib.
Asia swept yesterday's 60.30 low to 60.19, then rallied as US 10y yields eased. The late-Asia push through the prior high at 61.33 to a 61.46 session high failed into London open. Price is now holding the 38.2 fib of the Asia rally near 60.96, just under EMA20 (~61.08) and above EMA50 (~60.95), with RSI(14) neutral at 48.
Support: 60.96, 60.83, 60.19
Resistance: 61.33, 61.46, 61.75
What it said to watch
Failure to hold the 38.2 fib at 60.96 exposes the 50% fib at 60.83 and puts EMA50 support in question
Recovery back above the prior high at 61.33 reopens the 61.46 session high and the 61.75 wed cap
US NFP at 12:30 GMT (~5.5h, f/c 90K) could materially shift this read; the asian low at 60.19 is the downside reference
06:47 UTC
Asia rebound stalling, first lower low printed · RSI 49 · price 61.028
V-recovery from 60.19 broke its higher-low chain after rejection at 61.46.
Asia swept the prior low at 60.30 to 60.19, then rallied as yields eased. The rally made a false break of yesterday's 61.40 high to the asia high at 61.46 and was rejected. The last full bar cut through the 61.24 breakdown shelf and the intraday higher-low chain, and price now sits on the fib 38.2 at 60.98 into London open.
Support: 60.977, 60.828, 60.297
Resistance: 61.235, 61.462
What it said to watch
M15 close below the fib 38.2 at 60.98 exposes the fib 50 at 60.83
Reclaim of the 61.24 breakdown shelf restores the higher-low sequence
Loss of 60.83 puts the prior low at 60.30 back in focus
US NFP at 12:30 GMT (~6h) could materially shift this read
A clean M15 close above the 61.46 asia high negates the false break
06:34 UTC
Intraday uptrend off the Asian low, stalling · RSI 64 · price 61.262
V-shaped recovery from the 60.193 sweep; higher-low chain capped at 61.462.
Asia swept under Thursday's 60.30 lows to the 60.193 asian low and reversed in a V. Higher lows built as 10y yields eased, but the climb met rejection at the 61.462 asian high and slipped back under the 61.404 prior high. Price sits above the 61.184 swing low into London open, with the 61.00 round number lining up with the 38.2% fib below.
Support: 61.184, 61.00, 60.193
Resistance: 61.404, 61.462
What it said to watch
US jobs report at 12:30 GMT (~6h, NFP f/c 90K) could materially shift this read
M15 close above the 61.462 asian high clears the prior high and extends the higher-high chain
Failure to hold the 61.184 swing low breaks the higher-low sequence and exposes the 61.00 round number / 38.2% fib
Loss of 61.00 shifts focus to the 50% fib near 60.83, then the 60.193 asian low
06:17 UTC
Uptrend off Asia low, extended · RSI 71 · price 61.309
HH/HL chain from 60.193, testing rising trendline.
Asia dropped early to 60.193, a sweep just under Thursday's 60.297 low. It then reversed into a steady HH/HL climb as 10y yields eased, printing a 61.462 Asia high above the 61.413 peak from a day earlier. Late in Asia, RSI(14) sits near 71, with price resting on the rising trendline and the 61.184 higher low just below.
Support: 61.184, 61.088, 60.977
Resistance: 61.462, 61.75
What it said to watch
M15 close below the 61.184 higher low breaks the Asia HH/HL chain, exposing the 61.088 swing low
Fib 38.2 of the Asia rally at 60.977 is the first retracement level if the rising trendline gives way
Acceptance above the 61.462 asia high opens the 61.75 wed cap where sellers capped Wednesday's bounce
London open in ~45m may test the Asian range extremes
US NFP at 12:30 GMT (f/c 90K, AHE 0.3%) could materially shift this read
06:04 UTC
Intraday uptrend off Asia low, momentum stalling · RSI 62 · price 61.26
HH/HL chain from 60.19, stalling under prior high.
Asia session undercut the prior-day low at 60.30, reaching 60.19 in a false break. It then rallied about 1.19 to an asian high at 61.39 as US yields eased, stalling just shy of the prior high at 61.41. Late-Asia bars are compressing on the rising trendline near 61.18 ahead of London open, with the 61.09 swing low and fib 38.2 at 60.93 below and RSI(14) cooled to ~62.
Support: 61.18, 61.09, 60.93
Resistance: 61.39, 61.41
What it said to watch
US NFP at 12:30 UTC (f/c 90K) could materially shift this read
M15 close below the rising trendline and 61.09 swing low breaks the HL chain off 60.19
Close above 61.41 prior high clears the 24h range top; failure there keeps price inside the 60.19–61.41 range
Pullback holding fib 38.2 at 60.93 keeps the Asia rally structure intact
05:47 UTC
Intraday uptrend after Asia V-recovery · RSI 64 · price 61.286
Higher lows off 60.193 Asia low, testing session high.
Asia swept yesterday's 60.297 low to 60.193, then recovered in a V-shape to a 61.385 session high as US yields eased. Late Asia, about an hour before London open, price sits just under that high and yesterday's 61.413 prior high, with higher lows along the rising trendline (latest swing low 61.088) and RSI(14) near 64.
Support: 61.088, 60.93
Resistance: 61.385, 61.413
What it said to watch
M15 close above the 61.413 prior high extends the Asian recovery beyond yesterday's range
Break of the 61.088 swing low and the rising trendline exposes the fib 38.2 at 60.930
US NFP at 12:30 GMT (~7h) could materially shift this read
V-shaped rebound after Asian sweep of Thursday's lows; higher-low chain from 60.193, stalling under Asian high.
Asia flushed below Thursday's 60.30 London low to 60.193, the slide the digest ties to firm yields and oil. That sweep fully reversed, with a higher-low chain up to a 61.365 Asian high. Price now sits in the 61.20s after a rejection there, with the 61.088 swing low beneath and RSI(14) cooling near 60 into London open.
Support: 61.088, 61.00, 60.917
Resistance: 61.365, 61.413
What it said to watch
M15 close above the 61.365 asian high and the 61.413 prior high breaks the session range to the upside
Loss of the 61.088 swing low and the 61.00 round number breaks the rising trendline and turns the read to a failed rebound
A drop back into the fib 38.2 at 60.917 would retrace a large part of the Asian recovery
US NFP at 12:30 UTC (f/c 90K, AHE 0.3%) could materially shift this read
05:17 UTC
Intraday uptrend, pressing range top · RSI 64 · price 61.252
V-recovery from Asia low, higher-low chain under 61.365 session high.
After the yield- and oil-driven slide to 60.193 early in the Asia session, silver retraced the whole move in a higher-low chain and now sits just under the 61.365 session high and yesterday's 61.413 prior high. Supply capped two probes near 61.35, and RSI(14) at ~64 sits below extreme readings into the late Asia session, ahead of the London open.
Support: 61.088, 61.00, 60.917
Resistance: 61.365, 61.413, 61.50
What it said to watch
M15 close above the 61.413 prior high clears yesterday's range top and opens the 61.50 psych area
Break of the 61.088 pullback low and the rising trendline ends the higher-low chain, exposing the 61.00 round number and the fib 38.2 at 60.917
US NFP at 12:30 UTC (f/c 90K, AHE 0.3% m/m) could materially shift this read
05:05 UTC
Intraday uptrend off Asia low, stalling below highs · RSI 67 · price 61.215
V-recovery after false break of prior-day low; higher lows since 60.193.
Asia's yield- and dollar-driven slide took out yesterday's 60.297 low to 60.193 before a V-shaped recovery erased the move, a false break that has since printed higher lows into a 61.365 session high. Late Asia price is holding at 61.215 just under that session high and yesterday's 61.413 prior high. RSI(14) is near 67 and has cooled from the rally.
Support: 61.088, 61.00, 60.917
Resistance: 61.365, 61.413
What it said to watch
M15 close above the 61.413 prior high breaks the two-day range top
Failure to hold the 61.088 swing low and 61.00 psych puts the fib 38.2 at 60.917 in play
Rejection at the 61.365 session high into London open would leave a lower-high under the prior high
US NFP at 12:30 UTC (f/c 90K, AHE 0.3%) could materially shift this read
Asia drop fully retraced; rejection just under the 24h range top.
Early Asia flushed from 61.17 to a 60.193 session low. The drop swept yesterday's NY low near 60.35 as yields and oil weighed. Price then retraced the whole leg to 61.365 before a rejection wick, and now sits above the 61.00 round number, inside the 60.19–61.41 range, late in the Asia session.
Support: 61.00, 60.917, 60.193
Resistance: 61.365, 61.413
What it said to watch
M15 close above the 61.413 prior high breaks the 24h range top
A rejection at the 61.365 session high that loses the 61.00 round number and the 38.2% fib at 60.92 puts the 60.193 session low back in focus
US NFP at 12:30 UTC (f/c 90K, AHE 0.3%) could materially shift this read
Asia flush to 60.193 fully retraced; price pressing the top of Thursday's 60.30–61.41 range.
The early Asia flush to the 60.193 swing low, driven by a firm USD and 10y yields near 5.3%, has been fully retraced in late Asia. Silver is back above the 61.173 Asia high and the 61.00 round number, testing Thursday's NY prior high at 61.314 with RSI(14) near 67. Thursday's 60.30–61.41 range still contains price, with the day high at 61.413 as the range top; the Asia rebound fib is anchored 60.193–61.277.
Support: 61.173, 61.00, 60.193
Resistance: 61.314, 61.413
What it said to watch
M15 close above the 61.314 prior high and the 61.413 day high would break Thursday's range
Slip back below the 61.173 Asia high turns the breakout into a false break; 61.00 round number below
Asia rebound fib 50% near 60.735 is the reference if the bounce fades
US NFP at 12:30 UTC (f/c 90K, AHE 0.3%) could materially shift this read; a hot print puts the 60.193 swing low back in focus
04:17 UTC
V-recovery, pressing session high · RSI 66 · price 61.177
Asia swept below Thursday's low, reclaimed 61.00; inside prior-day range.
Asia dipped through Thursday's 60.297 low to the 60.193 asian low on yield and USD pressure, then V-reversed back above the 61.00 round number. The rally is stalling at the 61.261 asian high, with price still inside Thursday's 60.30–61.41 range and RSI(14) near 66 into the London open.
Support: 61.00, 60.853, 60.193
Resistance: 61.261, 61.413
What it said to watch
M15 close above the 61.261 asian high puts the 61.413 prior high in play
Close back below the 61.00 round number exposes the fib 38.2 retracement at 60.853
Loss of the 60.193 asian low negates the sweep-and-reclaim read
US NFP at 12:30 UTC (f/c 90K, AHE 0.3%) could materially shift this read
04:04 UTC
V-shaped recovery into range top · RSI 61 · price 61.16
Asia sweep of 60.30 lows to 60.193, then higher-low recovery back to the 61.17 triple cap.
Asia flushed from 61.17 to a 60.193 session low, sweeping Thursday's 60.30 lows as yields and the dollar stayed firm. Price then recovered almost the whole drop back to the 61.17 triple cap, with RSI(14) near 61. Price holds above the 61.00 round number and the recovery trendline off the 60.537 higher low.
Support: 61.00, 60.537, 60.193
Resistance: 61.174, 61.314, 61.413
What it said to watch
M15 close above the 61.17 triple cap opens the 61.314 swing high, then the 61.413 prior high
Rejection at 61.17 and loss of the 61.00 round number puts the 50% recovery fib near 60.68 back in play
Break of the recovery trendline below the 60.537 higher low exposes the 60.193 session low
US NFP at 12:30 UTC (f/c 90K, AHE 0.3%) could materially shift this read
03:47 UTC
Asia recovery, momentum steady · RSI 57 · price 61.037
Higher-low chain off 60.19 asia low, pressing the 61.11–61.17 range top.
Early Asia session dropped from the 61.17 twin highs to a 60.19 asia low. That was a sweep under yesterday's 60.30 low as oil and yield pressure weighed. Silver then built a higher-low chain and retraced about 86% of the drop, back above the fib 78.6 at 60.96, with RSI(14) near 57 and the 60.19–61.41 range around the 24h high still intact.
Support: 60.963, 60.799, 60.193
Resistance: 61.173, 61.413
What it said to watch
A close above the 61.17 twin highs opens the 24h high at 61.41
A loss of the fib 78.6 at 60.96, then the fib 61.8 at 60.80, would break the higher-low chain
US NFP at 12:30 UTC (f/c 90K, AHE 0.3%) could materially shift this read; a hot print puts the 60.19 asia low back in focus
03:32 UTC
Sharp V-shaped rebound inside a broad 24h range · RSI 57 · price 61.023
False break below prior-day low at 60.19, higher low at 60.54, price pressing 61.03.
The Asia session flushed from the 61.17 asia high to a 60.19 session low, a false break below yesterday's 60.30 low as oil-driven inflation fears and hawkish Fedspeak weighed. The metal then staged a V-shaped rebound, retracing about 85% of the drop into the 61.03 round number. A higher low at 60.54 and the ema20 near 60.78 sit under the bounce.
Support: 60.78, 60.54, 60.19
Resistance: 61.03, 61.17, 61.41
What it said to watch
M15 close above the 61.17 asia high opens the 61.41 prior high
Rejection at the 61.03 round number plus a break of the rebound line and the ema20 at 60.78 shifts focus back to the 60.54 higher low
Loss of the 60.19 session low invalidates the false break read
US NFP at 12:30 UTC (~9h) could materially shift this read
03:17 UTC
Rebounding from Asia low, recovery stalling under 61.00 · RSI 51 · price 60.90
V-shaped recovery inside the Asian range; higher lows from 60.19.
Late in the Asia session, silver fell from the 61.17 asian high to the 60.19 asian low, sweeping Thursday's 60.30 low as record yields and oil-driven inflation fears weighed. It then rebounded in a V-shape and reclaimed the fib 61.8 at 60.80 off the asian drop. Price is pausing just under the 61.03 rebound high, with RSI(14) near 51 and a wide ATR of about 205 pips.
Support: 60.80, 60.54, 60.19
Resistance: 61.03, 61.17, 61.41
What it said to watch
M15 close above the 61.03 rebound high exposes the 61.17 asian high and the 61.41 prior high from Thursday's London session
Loss of the fib 61.8 at 60.80 and a break of the higher-low trendline through 60.54 would reopen the 60.19 asian low
US NFP at 12:30 UTC (~9h) could materially shift this read; ATR is likely to expand into the release
The Asia sell-off ran from the 61.17 asian high to a 60.19 session low, sweeping yesterday's 60.30 lows as record yields and oil-driven inflation fears kept silver heavy. The bounce has printed higher lows off 60.19 and is retesting the 61.8% fib near 60.80, just under the broken 60.85 asian low, with price only marginally above both EMAs.
Support: 60.537, 60.193, 60.00
Resistance: 61.00, 61.173
What it said to watch
M15 close back above the 60.85 asian low reopens the 61.00 round number and the 61.17 asian high
Rejection at 60.85 and loss of the 60.54 higher low put the 60.19 session low back in play, with the 60.00 psych level below
US NFP at 12:30 GMT (~9.5h) could materially shift this read
Asian range broken lower, prior low swept, lower high forming at 60.688.
Asia session slid from the 61.173 asian high, broke the 60.86 breakdown shelf, and swept yesterday's 60.297 prior low to 60.193 before demand stepped in. The bounce stalled at 60.688, the 50% retrace of the drop, with price back under EMA20/EMA50, RSI(14) at 45, and yields near 5.3% keeping silver heavy into NFP.
Support: 60.297, 60.193, 60.00
Resistance: 60.688, 60.86, 61.173
What it said to watch
M15 close below the 60.193 asian low turns the sweep into a lower low and exposes the 60.00 psych level
Holding above the 60.297 prior low keeps the sweep-and-bounce read intact
M15 close above 60.688 (50% retrace) opens a retest of the 60.86 breakdown shelf
US NFP at 12:30 UTC (~10h, f/c 90K) could materially shift this read
Asian selloff to new 24h low, false break below prior low, rebound capped at 50% fib.
Asia session rolled over from the 61.17 asia high into a near 1.00 slide to 60.19, briefly closing through the prior low at 60.30 before reclaiming it, with yields near 5.3% keeping the metal heavy. The rebound stalled at the 50% fib near 60.69, where ema20 also sits. RSI(14) is around 41, ATR(14) about 178 pips.
Support: 60.30, 60.193, 60.00
Resistance: 60.69, 61.00, 61.173
What it said to watch
M15 close above 60.69 (ema20 / 50% fib) opens a retest of the 61.00 round number
Close back below the 60.30 prior low turns the false break into a breakdown toward the 60.19 session low and 60.00 psych
Reclaim of the 61.17 asia high would negate the Asian-session drop
US NFP at 12:30 UTC (~10h) could materially shift this read
The Asia session rally faded at the asian high of 61.173. From there, silver slid nearly a dollar on lower highs, through yesterday's 60.30 prior low to a session low at 60.193. The bounce high at 60.455 is so far capped below the fib 38.2 at 60.567. RSI(14) sits near 31. Firm yields near 5.3% and a strong USD keep the metal pressed toward $60 into payrolls.
Support: 60.297, 60.193, 60.00
Resistance: 60.455, 60.567, 61.173
What it said to watch
M15 closes back below the 60.297 prior low keep the break of yesterday's lows intact
Loss of the 60.193 session low exposes the 60.00 psych level
Recovery through the 60.455 bounce high and a close above the fib 38.2 at 60.567 would stall the lower-high sequence
US NFP and wages at 12:30 UTC could materially shift this read
01:47 UTC
Downtrend, oversold after sharp Asia drop · RSI 26 · price 60.214
Lower highs from 61.173, broke below yesterday's range floor.
Mid-Asia session, silver reversed from the 61.173 Asia high into a near 1,000-pip slide. The drop broke yesterday's London low at 60.297 and printed a session low at 60.200, with RSI(14) near 26. The move lines up with the digest's read of yields near 5.3% weighing on the metal ahead of NFP. Price is now sitting just above the 60.149 prior low and the 60.00 psych level.
Support: 60.20, 60.149, 60.00
Resistance: 60.297, 60.572, 61.173
What it said to watch
M15 close back above the 60.297 london low would mark the break as a false break
Loss of the 60.149 prior low and 60.00 psych extends the lower-low sequence
A bounce that stalls below the 60.572 fib 38.2 of the Asia sell-off keeps the lower-high structure intact
US NFP and wages at 12:30 UTC could materially shift this read
Asian range broken lower, lower highs from 61.173, retesting 60.30.
Asia session reversed from the 61.173 session high into a roughly 970-pip slide. The drop broke the 60.85–61.17 Asian range, with the pre-drop low at 60.851 giving way, and undercut the london low at 60.297 to a 60.206 session low. Price is now retesting the 60.30 area with RSI(14) near 29, as the 10y yield at fresh highs and a firm dollar keep silver pinned near $60 into NFP.
Support: 60.297, 60.206, 60.024
Resistance: 60.398, 60.851, 61.173
What it said to watch
M15 close below the 60.206 session low exposes the 60.024 prior low and the $60.00 psych level
Failure to hold the london low at 60.297 confirms the breakdown retest has failed
Reclaim of the 60.398 bounce high and the 38.2% fib near 60.575 would break the lower-high sequence
60.851 pre-drop low is the first structural cap on any recovery toward the 61.173 session high
US NFP Fri 12:30 UTC (f/c 90K, AHE 0.3% m/m) could materially shift this read
Asian range and prior-day low broken; lower highs off 61.173.
Early Asia session sold off from the 61.173 session high, through the 60.851 Asian low and the 60.297 prior low, and printed 60.206 before the last bar closed back at 60.32. RSI(14) sits near 24 after five straight lower closes. Yields near 5.3% keep the metal pressed toward the $60 area into NFP.
Support: 60.297, 60.206, 60.00
Resistance: 60.551, 60.851, 61.173
What it said to watch
Acceptance below the 60.206 session low exposes the 60.00 psych level
M15 close back above the 60.551 breakdown bar weakens the range break read
Holding back above the 60.297 prior low turns the drop into a sweep
Recovery above the 60.851 Asian low negates the Asian sell-off
US NFP at 12:30 UTC (f/c 90K, AHE 0.3%) could materially shift this read
01:05 UTC
Intraday down-leg inside a 24h range · RSI 32 · price 60.566
Lower highs from 61.41; Asia rejected at 61.17 and broke to a session low.
Asia session failed at the 61.17 asia high, the second rejection there after the NY spike. The 00:00 UTC bar shed 27 cents and price slid to a session low at 60.54, extending the lower highs from the 61.41 day high. RSI(14) near 32 is soft but not extreme, and the prior low at 60.30–60.35 is the next shelf, with yields near 5.3% keeping the metal heavy into NFP.
Support: 60.544, 60.30, 60.00
Resistance: 60.859, 61.173, 61.413
What it said to watch
Failure to hold the 60.30 prior low turns the 24h range into a lower-low and puts the 60.00 psych level in play
Recovery above the 60.86 fib 50% of the Asia drop reopens the asia high at 61.17
M15 close above the lower highs line near 61.2–61.4 (day high 61.41) breaks the descending sequence
US NFP and wages at 12:30 UTC could materially shift this read; ATR near 118 pips is likely to expand on the print
00:47 UTC
Intraday range, sharp leg lower early Asia · RSI 34 · price 60.644
Lower high at 61.173, Thursday late range low lost.
Early Asia rejected the 61.173 session high, which matches the NY spike top, and four straight bars dropped through the 60.857 breakdown level at the base of Thursday's late range. Price sits at 60.644, on the session low, under both EMAs with RSI(14) at 34. The next marked supports are the 60.475 NY swing low and the 60.297 day low, next to the $60.30 floor named in the macro digest.
Support: 60.475, 60.297
Resistance: 60.857, 61.173
What it said to watch
M15 close back above 60.857 (breakdown) returns price to Thursday's late range and neutralises the drop
Failure to hold the 60.475 NY swing low exposes the 60.297 day low and the $60.30 area
Recovery through the 61.173 session high breaks the lower-high sequence
US NFP and AHE at 12:30 UTC Friday could materially shift this read; yields remain the dominant driver
Descending highs inside the 60.30–61.41 prior-day range; Asian range broken lower.
Early Asia saw a second rejection at 61.17, matching the NY spike high. Price then dropped through the 60.85 broken low to 60.77, close to the 50% fib of the 60.35–61.17 leg. Thursday's highs have stepped lower along a descending trendline from the 61.41 prior high, with record-area yields keeping silver heavy into NFP.
Support: 60.73, 60.44, 60.30
Resistance: 60.85, 61.17, 61.41
What it said to watch
M15 close back above the 60.85 broken low negates the Asian range break
Failure to hold the 60.73 swing low (near the 50% fib) exposes the 60.44 ny low, then the 60.30 london low
A push through the descending trendline and the 61.17 rejection high ends the lower-high sequence
US NFP Fri 12:30 UTC (f/c 90K, AHE 0.3%) could materially shift this read
60.30–61.41 range with descending highs; early Asia rejection back to session low.
Silver has chopped a 60.30–61.41 range over 24h. Highs have stepped lower from the 61.41 24h high through 61.31 to the 61.17 session high, as yields near 5.3% keep rallies capped. Early in the Asia session, a rejection at 61.17 sent the 00:00 UTC bar straight back to the 60.85 session low, which coincides with the 38.2% retracement of the climb off the 60.35 NY low; RSI(14) is neutral near 46.
Support: 60.85, 60.44, 60.30
Resistance: 61.00, 61.17, 61.41
What it said to watch
M15 close below the 60.85 session low exposes the 60.44 NY pivot, then the 60.30 London low
Close back above the 61.00 round number and the 61.17 session high breaks the lower-highs line, putting the 61.41 24h high in play
US NFP at 12:30 UTC (f/c 90K, AHE 0.3% m/m) could materially shift this read
00:04 UTC
Sideways, contracting range · RSI 61 · price 61.117
Lower highs from 61.413 vs higher lows from 59.946, coiling.
Silver is compressing between a descending trendline of lower highs from the 61.413 day high and rising lows at 60.297 and 60.475, after a 59.946–61.413 session range. Early Asia has lifted off the 60.851 reopen low and is retesting the 61.173 lower high, the $61 cap flagged in the macro digest, with volatility contracting ahead of NFP.
Support: 60.851, 60.475, 60.297
Resistance: 61.173, 61.314, 61.413
What it said to watch
M15 close above the 61.173 lower high and the descending trendline opens the 61.314 swing high and 61.413 day high
Loss of the 60.851 reopen low returns focus to the 60.475 swing low on the rising lows line
Break of the 60.297 london low would end the higher-low sequence
US jobs report Fri 12:30 UTC (NFP f/c 90K, AHE 0.3%) could materially shift this read