XAG/USD AI Live Scan, 1-hour chart, Monday, 3 August 2026

Every read JAFX AI made on the XAG/USD 1-hour chart that day, newest first: trend, structure, the levels it marked and what it said to watch.

23:03 UTC

Range-bound, recovering off lows · RSI 56 · price 58.128

$57-58.70 range, week gap up faded.

Silver opened this week gapping up to 58.57 then slid to a 56.56 low before buyers reclaimed the mid-range into 58.13. The $58.68-58.70 zone has capped every attempt this week, keeping price boxed in a $57-58.70 range as soft PCE and lower oil offset hawkish-Fed pricing. RSI(14) is cycling near 56, recovering with the bounce but no fresh momentum extreme.

Support: 56.56

Resistance: 58.70

What it said to watch

  • H1 close above 58.70 opens the $59-60 zone
  • Break below 56.64 pivot exposes yearly low 54.77
  • ADP + ISM Services Wed 12:15/14:00 UTC could break the range

23:02 UTC

Recovery off week low, momentum firming · RSI 56 · price 58.128

Range under 58.70, higher lows since dip.

Silver bounced from the 56.557 week low back toward 58.20, tracking the softer USD read after the US-Iran ceasefire pressured oil and cooled inflation expectations. Price is consolidating just above EMA20 with RSI cycling back to the mid-50s, but the 58.68-58.70 cap remains untested this leg. Higher lows have built off the dip, keeping the recovery structure intact below range top.

Support: 57.00, 56.64, 56.557

Resistance: 58.70, 58.617

What it said to watch

  • H1 close above 58.70 opens the 59-60.00 zone
  • Failure to hold 57.00 re-exposes the 56.64 pivot and 56.557 week low
  • ADP and ISM Services Wed could materially shift this read

22:03 UTC

Range-bound, recovering off the lows · RSI 58 · price 58.175

Higher lows off week low, capped sub-58.70.

Silver has clawed back from the 56.557 week low toward 58.18, printing a sequence of higher lows through the NY session as lower oil on the US-Iran ceasefire eased inflation fears and supported metals. Price now sits back above EMA20/EMA50 but the 58.68-58.70 cap flagged all week remains untested; RSI has cycled up from oversold as the down-leg from 59.24 unwound. The broader $55-59 range still frames the read.

Support: 57.44, 56.557

Resistance: 58.70, 59.24

What it said to watch

  • H1 close above 58.70 opens the path back to the 59.24 week high
  • Failure to hold 57.44 reopens the 56.557 week low and 56.64 band
  • ADP (Wed 12:15 UTC) and ISM Services (Wed 14:00 UTC) could materially shift this read

22:03 UTC

Range, recovering off lows · RSI 56 · price 58.175

Sweep low then higher lows.

Silver spent the week chopping inside a $56.5–59.3 range; the drop into 56.56 was swept in the last session and price has since built higher lows back to 58.18, reclaiming both H1 EMAs. The rebound tracks lower oil on the US-Iran ceasefire easing inflation fears, but the 58.68–58.70 cap flagged this week has yet to be tested. RSI has cycled back to the mid-50s as the recovery matures.

Support: 57.30, 56.56, 56.64

Resistance: 58.70, 59.29

What it said to watch

  • H1 close above 58.70 opens the path to 59.00/59.29
  • Loss of 57.30 reopens the 56.56 sweep low and 56.64 support band
  • ADP 12:15 UTC and ISM Services 14:00 UTC Wed could materially shift this read

21:05 UTC

Rebounding off week low, momentum building · RSI 56 · price 58.175

Higher lows since Monday's low, capped below 58.70.

Silver gapped higher over the weekend then filled it, printing a session low at 56.557 before buyers stepped in and lifted price back to 58.175. The rebound tracks the softer-oil, easing-inflation read, but the $58.68-58.70 zone has capped every push this week and remains the ceiling. RSI(14) has cycled back to the mid-50s as price reclaimed the EMA20.

Support: 57.10, 56.557, 54.77

Resistance: 58.70, 59.24

What it said to watch

  • H1 close above 58.70 opens the path back to the 59.24 week high
  • Loss of the 57.10 swing low reopens 56.557 and the 54.77 yearly low
  • ADP (Wed 12:15 UTC) and ISM Services (Wed 14:00 UTC) could materially shift this read

21:05 UTC

Range-bound, recovering off week low · RSI 61 · price 58.175

$56.5-58.7 range, higher lows forming.

Silver bounced ~1.4% off Monday's slide to the 56.557 week low, reclaiming 58.17 as lower oil on the US-Iran ceasefire eased inflation fears and supported metals. The recovery has built a series of higher lows into the current session, but the 58.68-58.70 range top has capped extension all week as hawkish Fed pricing weighs. RSI(14) has cycled back above 60 on the rebound while price sits just above EMA(20).

Support: 57.42, 56.64, 56.557

Resistance: 58.70, 59.10

What it said to watch

  • H1 close above 58.70 opens the path to 59.00/59.10
  • Failure to hold 57.42 exposes 56.64 and the 56.557 week low
  • ADP Wed 12:15 UTC and ISM Services 14:00 UTC could materially shift this read

20:03 UTC

Range, recovering off lows · RSI 53 · price 57.989

Two-way range, v-shaped bounce.

Silver reopened after the weekend gap near 58.57 and sold off through the NY session to a 56.55 week low before a v-shaped recovery back to the 58 handle. The move down swept the swing low around 57.00 and the 56.64 support band, and price is now retracing that drop with RSI(14) cycling back up to the low-50s. The 58.68-58.70 zone remains the this-week cap, consistent with the range-bound $55-59 read as hawkish Fed pricing offsets softer oil.

Support: 57.00, 56.64, 56.55

Resistance: 58.60, 58.70

What it said to watch

  • H1 close above 58.70 opens the path to 59.00
  • Failure to hold 57.00 re-exposes the 56.64 support band and 56.55 week low
  • ADP Wed 12:15 UTC and ISM Services could materially shift this read

20:03 UTC

Recovering off week low, momentum improving · RSI 55 · price 57.989

Range within $56.56–58.70, price mid-band.

Silver gapped up to the 58.62 week open then sold through to a 56.56 low during the NY session before recovering ~1.4% to trade back above EMA20 around 58.00. The bounce has been supported by lower oil easing inflation fears, but the move stalls under the 58.20 session high with the broader $55–59 range still intact. RSI(14) has cycled back to the mid-50s as higher lows built off 56.56.

Support: 57.42, 56.56

Resistance: 58.20, 58.62

What it said to watch

  • H1 close above 58.20 opens the 58.62–58.70 cap
  • Loss of 57.42 reopens the 56.56 week low
  • ADP (Wed 12:15 UTC) and ISM Services could shift the Fed-hike read driving silver

19:03 UTC

Range-bound, recovering off lows · RSI 53 · price 57.969

Lower highs since midweek peak, swept 56.56.

Silver peaked near 59.30 midweek then drifted lower into a series of lower highs, with the 58.70 supply cap unbroken since. The 56.56 spike low was swept early in the NY session before buyers recovered price back to 57.97, reclaiming EMA20; the rebound follows lower oil on US-Iran de-escalation while hawkish Fed pricing keeps a lid on extension. RSI(14) has cycled back to the mid-50s from oversold, still below the descending highs.

Support: 57.02, 56.557

Resistance: 58.70

What it said to watch

  • H1 close above 58.70 supply cap invalidates the lower-high sequence
  • Failure to hold 57.00 prior low reopens the 56.56 sweep low
  • ADP (Wed 12:15 UTC) and ISM Services (Wed 14:00 UTC) could materially shift this read

19:03 UTC

Range-bound, recovering off lows · RSI 53 · price 57.969

Choppy $57-59 range, higher lows forming.

Silver has chopped inside a $57-59 range all week, with the $58.68-58.70 zone capping every attempt higher as hawkish Fed pricing offsets a lower-oil, softer-inflation bid. Price flushed to a 56.557 swing low earlier in the NY session before buyers stepped back in, recovering to 57.969 and reclaiming EMA(20). RSI(14) has lifted off oversold to the low-50s as the recovery builds a short sequence of higher lows.

Support: 57.10, 56.557, 56.64

Resistance: 58.70, 59.297

What it said to watch

  • H1 close above 58.70 invalidates the range-cap read and opens 59.30
  • Failure to hold 57.10 re-exposes the 56.557 swing low and 56.64 range base
  • ADP (Wed 12:15 UTC) and ISM Services (Wed 14:00 UTC) are the key catalysts that could break this range

18:03 UTC

Pullback within range, bouncing off lows · RSI 49 · price 57.642

Lower highs from 59.30, holding above 56.56.

Silver gapped up to 58.57 on the week's re-open then sold through the NY session to 56.56, before demand stepped in for a bounce back to 57.64. Price trades below EMA(20) near 57.95 with RSI(14) recovering from the mid-40s; the 58.68-58.70 range top has capped every push this week as hawkish Fed pricing offsets the softer-oil bid. The move sits inside the broader 56.56-59.30 range.

Support: 56.557

Resistance: 57.95, 58.70, 59.30

What it said to watch

  • H1 close above 58.70 range top opens the path to 59.00
  • Failure to hold the 56.56 swing low exposes 54.77 yearly low
  • ADP and ISM Services Wed could materially shift this read

18:03 UTC

Downtrend within week range · RSI 46 · price 57.642

Lower highs off week peak, range-bound.

Silver spiked to the 59.24 week high midweek on the soft Core PCE print and lower oil, then rolled into a sequence of lower highs, with 58.70 repeatedly capping. Through the NY session price flushed to 56.56 before buyers stepped back toward 57.64; it now sits below EMA20 and EMA50, holding above the 57.10 swing low but back inside the broad $56.5–59.3 range. Hawkish Fed pricing keeps a lid near the prior 58.30 high.

Support: 57.10, 56.56, 54.77

Resistance: 58.30, 58.70, 59.24

What it said to watch

  • H1 close above 58.70 range cap reopens the 59.24 week high
  • Failure to hold 56.56 week low exposes the 54.77 yearly low
  • ADP and ISM Services Wed could materially shift this read

17:04 UTC

Downtrend, bounce off week low · RSI 45 · price 57.621

Lower highs Monday, recovery from 56.56.

Silver opened near 58.6 after the weekend gap and sold off through Monday's session to a week low at 56.56 before buyers reclaimed 57.6. Price trades below both EMA20 and EMA50, and the digest notes rallies capping under the 58.68-58.70 zone as a hot ISM Manufacturing beat (55.6 vs 54) keeps September Fed-hike bets alive. RSI(14) is recovering off its lows but still sub-50.

Support: 57.10, 56.557

Resistance: 58.30, 58.70

What it said to watch

  • H1 close back above 58.30 weekly open would neutralise the lower-high sequence
  • Failure to hold 57.10 reopens the 56.56 week low
  • ADP and ISM Services Wed could materially shift this read

17:04 UTC

Downtrend, corrective bounce · RSI 47 · price 57.621

Lower highs, recent swing low swept.

Silver rolled over from the 58.68 cap through the NY session and flushed to 56.56 before buyers recovered price back to 57.62; the move followed a hot ISM Manufacturing print (55.6 vs 54) that kept September hike bets alive. Price trades below EMA20 and EMA50 with RSI(14) cycling in the mid-40s after the drop. The 58.68-58.70 zone has capped every rally this week and remains the pivot for the range.

Support: 57.00, 56.56

Resistance: 58.68, 59.00, 59.25

What it said to watch

  • H1 close above 58.70 opens 59.00 then the 59.25 week high
  • Failure to hold 57.00 reopens the 56.56 session low
  • Wed ADP/ISM Services could materially shift this read

16:03 UTC

Downtrend since Monday open, softening · RSI 41 · price 57.44

Lower highs, session low swept and reclaimed.

Silver has slid from Monday's 58.57 open through the NY session, sweeping 56.56 before reclaiming it to sit at 57.44, below both EMA20 and EMA50. Rallies earlier in the week stalled under the 58.70 cap after a hot ISM Manufacturing print (55.6 vs 54) kept September Fed-hike bets alive, while easing oil on the US-Iran ceasefire limited downside. RSI near 41 reflects the intraday softness within the broader $55-60 band.

Support: 56.56, 55.00

Resistance: 58.70, 59.00

What it said to watch

  • H1 close above 58.70 cap opens $59.00 then $60.00
  • Loss of the 56.56 session low confirms a lower-low toward the 55.00 range base
  • ADP and ISM Services on Wed could materially shift this read

16:03 UTC

Downtrend, off this-week highs · RSI 41 · price 57.44

Lower highs since weekend gap.

Silver gapped up over the weekend but rolled over from the 58.60 weekly cap, sliding through the NY session to a 56.56 session low before a modest bounce to 57.44. Price sits below EMA20 and EMA50 with RSI sub-40 after the leg lower. The oil-led cooling in inflation fear versus a hot ISM Manufacturing print (55.6 vs 54) keeps the tape two-way and rallies capped under 58.70.

Support: 56.56

Resistance: 57.95, 58.60

What it said to watch

  • H1 close back above 57.95 prior high negates the lower-high sequence
  • Loss of 56.56 session low exposes the 55.00 zone
  • Wed ADP and ISM Services could materially shift this read via Sept-hike odds

15:03 UTC

Downtrend, momentum accelerating · RSI 38 · price 57.291

Lower highs since weekend gap, testing range floor.

Silver gapped up over the weekend to 58.6 but rallies stalled below the 58.68-58.70 prior cap and price has bled lower through the sessions, printing successive lower highs. The latest NY hours saw a sharp flush to 56.56 before a shallow bounce, with a strong ISM Manufacturing beat reinforcing hike bets and keeping the metal pinned. Trade sits below EMA20 with RSI(14) weak in the high-30s.

Support: 56.64

Resistance: 58.68, 59.00

What it said to watch

  • Hourly close below 56.64 weekly low exposes yearly low near 54.77
  • Reclaim of the 58.68 prior cap needed to re-engage the range top near 59.00
  • ADP and ISM Services Wed could materially shift this read

15:03 UTC

Downtrend, momentum accelerating lower · RSI 36 · price 57.291

Lower highs since Monday's gap-up open, fresh session low printed.

Silver gapped up to 58.60 into Monday's open but faded through the session, never reclaiming the week high and stalling below the 58.68-58.70 cap after the firm ISM Manufacturing beat reinforced hike bets. Lower highs have stacked from 58.60 toward the 58.32 monday range, and NY hours saw a sharp break through 57.95 down to a 56.56 spike before a bounce back to 57.29. Price sits below both EMA20 and EMA50 with RSI(14) pressed near 36.

Support: 56.64

Resistance: 57.95, 58.32, 58.60

What it said to watch

  • H1 close back above 58.32 monday range invalidates the lower-high read
  • Failure to hold 56.64 range floor opens the yearly low near 54.77
  • ADP + ISM Services Wed could materially shift this read

14:03 UTC

Downtrend, momentum accelerating lower · RSI 31 · price 57.067

Lower highs since session open, testing range base.

Silver gapped lower into the new week's open near 58.57 and has bled steadily to 57.07, printing a sequence of lower highs and losing the 58.00 pivot. The sharpest leg came in the latest hours with a spike to 56.56 before a shallow bounce, dragging RSI(14) toward 30 as price sits well below both EMAs. This tracks the two-way, hawkish-yield backdrop that has kept rallies from 59.30 capped and rotated the metal back toward its $56.64/56.5 support band.

Support: 56.557, 56.64

Resistance: 58.00, 59.30

What it said to watch

  • ISM Manufacturing PMI (14:00 UTC, Prices Paid f/c 70.3) can materially reprice hike odds and this read
  • H1 close below 56.557 confirms a lower-low and exposes the 56.64 support band
  • Reclaim of 58.00 pivot would neutralise the lower-high sequence

14:03 UTC

Range break, downside pressure · RSI 35 · price 57.067

Breakdown below 58.00 pivot.

Silver held the $57-59 range for most of the week before a sharp NY-session selloff dropped it under the $58.00 pivot to a session low of 56.56, coinciding with today's ISM print, then bounced modestly to 57.07. The weekend gap up to 58.60 has now fully faded and price trades below both EMAs with RSI(14) near oversold. The descending sequence of lower highs from 59.30 remains intact.

Support: 56.557, 56.64, 55.00

Resistance: 58.00, 58.60

What it said to watch

  • Loss of 56.56 opens the 56.64 support band and exposes the 55.00 psych level
  • Reclaim of the 58.00 pivot would neutralise the breakdown
  • ISM Prices Paid / employment components repricing Sept hike odds is the key swing for the next bars

13:04 UTC

Downtrend since Monday's gap up · RSI 40 · price 57.522

Lower highs, filling the weekend gap.

Silver gapped up into Monday's open near 58.57 but has bled lower through the sessions since, printing a session low at 57.42 and effectively filling the weekend gap. Price trades below the H1 EMA20 around 58.05 with RSI(14) sub-40 as the lower-high sequence holds; the metal is mid-range in its broader $55–60 band. ISM Manufacturing PMI at 14:00 UTC is the immediate catalyst.

Support: 57.42, 57.00, 56.73

Resistance: 58.05

What it said to watch

  • ISM Manufacturing PMI at 14:00 UTC could materially shift this read
  • H1 close below 57.42 session low opens 57.00 psych then week low 56.73
  • Reclaim of the 58.05 ema20 needed to stall the decline

13:04 UTC

Pullback within range, momentum lower · RSI 39 · price 57.522

Weekend gap filled, back to mid-range.

Silver gapped higher over the weekend to 58.60 but has bled steadily back through the session, fully filling the gap toward Friday's 57.58 close and printing a 57.44 session low. Price now sits below both EMA20 and EMA50 with RSI(14) sub-40, back in the middle of the $55-60 band after a choppy hawkish-Fed week. ISM Manufacturing PMI at 14:00 UTC is the immediate catalyst driving the churn.

Support: 57.44, 57.05, 56.64

Resistance: 58.60, 59.24

What it said to watch

  • ISM Manufacturing PMI at 14:00 UTC could materially shift this read
  • H1 close back above 58.60 gap high reopens the 59.24 week high
  • Loss of 57.05 prior low exposes the 56.64 support zone

12:03 UTC

Range, momentum flat · RSI 46 · price 58.026

Post-gap consolidation under range top.

Silver gapped higher above 58.50 at this week's open on Iran peace-talk risk-on, but has since drifted back toward 58.00, sitting near the 50% retrace of the prior 56.73–59.30 impulse. The 58.60 range top has capped attempts through the Asian and early London sessions, with RSI(14) hovering near 46 and price slipping just under EMA(20). Two-way chop dominated by geopolitical headlines rather than a clean directional break.

Support: 57.80, 57.58, 56.73

Resistance: 58.60, 59.00, 59.30

What it said to watch

  • ISM Manufacturing PMI 14:00 UTC could break the 57.80–58.60 range
  • H1 close above the 59.00 handle reopens the 59.30 week high
  • Loss of 57.58 pre-gap low exposes 56.73 week low

12:03 UTC

Rangebound, drifting lower off Monday's open · RSI 46 · price 58.026

Two-way range $57-59, price mid-range.

Silver has been hostage to a $57-59 range all week, whipsawed around the FOMC hawkish-hold before reclaiming $58 on the risk-on tone from resumed US-Iran talks. Monday reopened near 58.60 and has since drifted back into the middle of the range, with price sitting under EMA20 and RSI(14) cycling in the mid-40s. No clean directional break — the week's 59.24 high and 56.74 base still bracket price.

Support: 57.74, 57.05

Resistance: 58.60, 59.00, 59.24

What it said to watch

  • ISM Manufacturing PMI today 14:00 UTC (f/c 54, Prices Paid 70.3) could shift this read
  • H1 close below 57.74 opens the path to 57.05
  • Reclaim of 58.60 puts the 59.00 handle back in play

11:03 UTC

Range, momentum fading after peak · RSI 44 · price 57.956

Lower highs off the week's peak, holding above weekly base.

Silver whipsawed $56.70–$59.30 this week around the hawkish-hold FOMC, then gapped up over the weekend to $58.57 before fading back below EMA20. Since the Monday reopen price has printed lower highs into the $58.60 supply, and the drift back to $57.96 leaves it hostage to the $57.58–$58.60 range with RSI(14) mid-scale. The $59.00 handle capped the earlier surge on risk-on around resumed US-Iran talks.

Support: 57.58, 57.03

Resistance: 58.60, 59.00

What it said to watch

  • H1 close above 58.60 reopens the $59.00 handle
  • Loss of 57.58 confirms a lower low toward 57.03
  • US ISM Manufacturing PMI at 14:00 UTC could break the range

11:03 UTC

Rangebound, no clear direction · RSI 47 · price 57.956

$57-59 range, slipping below mid.

Silver has whipsawed the $57-59 range all week, spiking to 59.30 around the FOMC hold before fading; it reclaimed $58 on Monday's Iran risk-on but has since drifted back under the psych level to 57.96. Price sits below EMA20 with RSI(14) mid-40s after lower highs stalled at 58.60 the past two sessions.

Support: 57.58, 57.00

Resistance: 58.60, 59.00

What it said to watch

  • ISM Manufacturing at 14:00 UTC could materially shift this read
  • H1 close below 57.58 confirms a lower-low and opens 57.00
  • Reclaim of 58.60 puts the 59.00 handle back in play

10:03 UTC

Range-bound, momentum neutral · RSI 49 · price 58.137

Mid-range consolidation after midweek spike faded.

A whippy week: silver spiked to a 59.30 weekly high midweek on the soft Core PCE/GDP miss before yields dragged it back to the high-57s. Monday reopened with a gap higher near 58.57 as the announced US-Iran talks lifted risk appetite, but price has since drifted back to 58.14, pinned mid-range between the 57.58 swing low and the 58.60 day high. RSI(14) sits neutral near 49 with price hugging both EMAs.

Support: 57.58, 56.73

Resistance: 58.60, 59.00, 59.30

What it said to watch

  • ISM Manufacturing PMI at 14:00 UTC could materially shift this read
  • H1 close above 58.60 reopens the 59.00 handle and week high
  • Failure to hold 57.58 exposes the 56.73 week low / 56.64 pivot

10:03 UTC

Sideways, capped below 59 · RSI 50 · price 58.137

Range-bound after Monday gap up.

Silver gapped up to 58.57 at Monday's open after Trump's US-Iran talks headline lifted risk appetite, then faded through today's session back into the mid-$58s. Price is hemmed inside a wide weekly range: twin rejections near 59.30 mark a double top, while demand at the 56.73 weekly low held last week. RSI(14) sits neutral near 50 with price wedged between EMA20 and EMA50.

Support: 57.58, 56.73

Resistance: 58.60, 59.00, 59.30

What it said to watch

  • H1 close above 58.60 opens the path to the 59.00 handle
  • Failure to hold 57.58 exposes the 56.73 weekly low
  • ISM Manufacturing PMI at 14:00 UTC could materially shift this read

09:04 UTC

Range-bound, choppy · RSI 51 · price 58.322

Consolidation after weekend gap up.

Silver gapped up ~1.00 into Monday's open, filling the void from Friday's 57.58 close, then settled into a tight 57.78–58.60 range as the market awaits the US data cluster. Price is hugging EMA20 with RSI(14) hovering near 51, reflecting the two-way tone flagged by the choppy $57–58 read into ISM. The 58.60 monday high has capped attempts while the 57.78 monday low holds the base.

Support: 57.78, 57.58, 56.64

Resistance: 58.60, 59.00

What it said to watch

  • ISM Manufacturing PMI at 14:00 UTC could materially shift this read
  • H1 close above 58.60 opens the path toward the 59.00 psych level
  • Failure to hold 57.78 monday low exposes the 57.58 gap fill and 56.64 pivot

09:04 UTC

Range-bound near $58, no clear momentum · RSI 52 · price 58.322

Consolidation inside weekly range after mid-week impulse.

Silver gapped higher into Monday's Asia session from Friday's 57.58 close but has since drifted back to 58.32, sitting right on the 38.2% retrace of last week's 56.73–59.29 impulse. Price is chopping in a tight 57.94–58.64 band with RSI hovering near neutral, consistent with the market's two-way tone ahead of US data. The mid-week pop toward $59 has faded and the gap remains only partially filled.

Support: 57.94, 57.58

Resistance: 58.64, 59.00, 59.29

What it said to watch

  • ISM Manufacturing PMI today 14:00 UTC could materially shift this read
  • H1 close below 57.94 opens the gap fill toward 57.58
  • Reclaim of 58.64 puts the $59.00 handle back in play

08:03 UTC

Range, no clear direction · RSI 52 · price 58.247

Consolidation after weekend gap up.

Silver gapped higher over the weekend from Friday's 57.58 close to 58.57 at Monday's open, then faded into a tight 57.78–58.62 range through the Asian and early London hours. RSI(14) sits mid-band near 52 with price hugging EMA(20); the digest ties the choppy tone to easing US-Iran headlines and a soft dollar sub-100 ahead of data. Monday's high at 58.62 has capped the upside while dips have found support around the 57.78 monday low.

Support: 57.782, 57.582

Resistance: 58.617, 59.00

What it said to watch

  • ISM Manufacturing PMI at 14:00 UTC is the swing catalyst and could break the 57.78–58.62 range
  • H1 close above 58.62 monday high opens the path to the 59.00 psych level
  • Close below 57.78 monday low exposes the 57.58 fri close and the weekend gap

08:02 UTC

Sideways, range-bound near 58 · RSI 50 · price 58.247

Consolidation after weekend gap up.

Silver gapped higher into Monday's open near 58.57 then faded back into the 58.0–58.3 pocket, holding just above EMA(20). Price is boxed between the 58.60 day high and the 57.78 session low, with RSI(14) flat around the midline — the two-way $57–58 consolidation from last week persists. Move lacks conviction ahead of US ISM Manufacturing at 14:00 UTC.

Support: 57.78, 57.58, 56.64

Resistance: 58.60, 59.00

What it said to watch

  • H1 close above 58.60 opens the path back toward the 59.00 handle
  • Failure to hold 57.78 exposes 57.58 and the 56.64 pivot
  • US ISM Manufacturing at 14:00 UTC could break this range in either direction

07:03 UTC

Range-bound, flat after weekend gap · RSI 51 · price 58.131

Consolidation above EMA20 post gap-up.

Silver opened this week with a gap up from Friday's 57.58 close to 58.57, then drifted into a tight consolidation holding just above EMA20 near 58.10. The mid-week impulse from the 56.84 week low to the 59.29 week high has faded, with price now oscillating between the session low at 57.94 and the gap high at 58.60. Digest frames the tape as heavy near $57.50, capped below $59 by firm 10y yields.

Support: 57.94, 57.582, 56.84

Resistance: 58.60, 59.00, 59.29

What it said to watch

  • ISM Manufacturing PMI today 14:00 UTC could reset yields and this range
  • H1 close above 58.60 gap high opens the 59.00 psych level
  • Failure to hold 57.94 session low exposes the 57.58 gap base

07:03 UTC

Range-bound, no directional bias · RSI 52 · price 58.131

Consolidation inside weekly range, mid-range.

Silver gapped up over the weekend from Friday's 57.58 close and has since chopped sideways around 58.10, well inside the week's 56.80–59.29 band. Price sits marginally above the H1 EMA20/EMA50 with RSI cycling near 50 — no momentum edge either way. The digest frames the tape as heavy below $59 with rising Treasury yields the drag, so the 58.60 session high has capped attempts to extend the bounce.

Support: 57.58, 56.84

Resistance: 58.60, 59.00, 59.29

What it said to watch

  • ISM Manufacturing PMI today 14:00 UTC can materially shift this range read
  • H1 close below 57.58 confirms a lower low and exposes 56.84 swing low
  • H1 close above 59.00 psych cap needed to challenge the 59.29 week high

06:03 UTC

Range-bound, gap-up holding · RSI 52 · price 58.168

Consolidation below Monday high after weekend gap.

Silver gapped up over the weekend from Friday's 57.58 close to open Monday near 58.57, then eased back to consolidate in the 57.78–58.62 band with RSI(14) hovering near 50. Price is pinned around EMA(20) after Friday's ~2% slide, with the digest citing firm 10y yields near 4.68% as the overhead cap. The 58.62 day high has capped attempts while dips into 57.78 have found demand.

Support: 57.78, 57.582

Resistance: 58.62, 59.00

What it said to watch

  • ISM Manufacturing PMI today 14:00 UTC could materially shift this read
  • H1 close below 57.58 opens the weekend gap fill toward 56.64
  • Reclaim of 58.62 exposes the 59.00 handle
  • Sustained hold under EMA(20) keeps the range intact

06:03 UTC

Range-bound, momentum neutral · RSI 53 · price 58.168

Consolidation in lower half of weekly range.

Silver gapped up at Monday's open, from Friday's 57.58 close to 58.57, following a ~2% Friday slide driven by firmer US Treasury yields. Price has since drifted back toward 58.15, consolidating in the lower half of this week's 56.80–59.20 range with RSI(14) sitting mid-band. The Monday high at 58.60 has capped attempts while 57.86 has held the pullback.

Support: 57.86, 57.58, 56.64

Resistance: 58.60, 59.00

What it said to watch

  • H1 close below 57.58 fills the weekend gap and exposes the 56.64 pivot
  • Reclaim of 58.60 opens the 59.00 handle
  • ISM Manufacturing PMI at 14:00 UTC could shift yields and this read

05:04 UTC

Range-bound, no clear trend · RSI 52 · price 58.292

Choppy range beneath $59 cap.

Silver gapped roughly $1 higher into Monday's open to 58.57 but has since faded back toward 58.30, holding the middle of this week's $56.80–$59.30 range. RSI(14) cycles mid-range near 52 with price hovering just above EMA(20) and EMA(50). Soft Core PCE lent metals a lift Thursday, but firm US yields keep the tape capped below the $59 handle.

Support: 57.58, 56.80

Resistance: 58.64, 59.00, 59.30

What it said to watch

  • ISM Manufacturing PMI today 14:00 UTC could materially shift this range read
  • Close above 58.64 opens the $59.00 handle
  • Failure to hold 57.58 gap-fill exposes the 56.80 range low

05:04 UTC

Range-bound, consolidating mid-range · RSI 53 · price 58.292

Choppy week range, weekend gap-up then partial fade.

Silver opened this week with a weekend gap up from Friday's 57.58 close to 58.57, then faded to a 57.86 day low before settling around 58.2-58.3. Price has spent the week churning inside a 56.79-59.30 range as a hawkish-hike Fed narrative and firm 10y yields near 4.68% cap rallies while structural-deficit demand supports dips. RSI(14) sits mid-range near 53 with price hugging both EMAs — no directional resolution yet.

Support: 57.86, 57.58, 56.79

Resistance: 58.62, 59.00, 59.30

What it said to watch

  • ISM Manufacturing PMI today 14:00 UTC could materially shift this read
  • H1 close below 57.58 fri close reopens the 56.79 week low
  • Reclaim of the 58.62 day high puts the 59.00 psych level back in play

04:03 UTC

Recovering off lows, capped below 59 · RSI 55 · price 58.24

Consolidation after weekend gap up.

Silver slid to 57.58 into Friday's close as rising Treasury yields overrode a softer Dollar, then gapped higher to open this week near 58.57. Price drifted back to 57.86 before demand stepped in to reclaim 58.24, holding above EMA(20) with RSI(14) mid-range around 55. The week high at 59.30 and the 59.00 handle capped the prior rally; 58.62 is the first cap since the gap.

Support: 57.86, 57.58

Resistance: 58.62, 59.00, 59.30

What it said to watch

  • ISM Manufacturing PMI today 14:00 UTC could materially shift this read
  • H1 close above 58.62 opens the path back toward 59.00
  • Loss of 57.86 exposes the pre-gap close at 57.58 and gap-fill toward it

04:03 UTC

Range, mid-range recovery · RSI 53 · price 58.24

Sideways, capped below 59.00, gap-up faded.

Silver spent the week oscillating between 56.80 and the 59.30 week high before sliding to 57.58 into Friday's close as US yields firmed after sticky inflation data. Price gapped up to 58.57 on the reopen and has since faded back to 58.24, sitting mid-range near EMA(20) with RSI(14) neutral around 53. The 58.64–59.00 zone continues to cap upside while 57.58 marks the prior close pivot below.

Support: 57.58, 57.00

Resistance: 58.64, 59.00, 59.30

What it said to watch

  • ISM Manufacturing PMI today 14:00 UTC could materially shift this read
  • H1 close above 58.64 opens the 59.00 handle
  • Failure to hold 57.58 exposes the 57.00 support

03:03 UTC

Range-bound, no clear H1 trend · RSI 53 · price 58.145

Weekly range 56.80–59.30, price mid-range.

Silver spent the week boxed between 56.80 and the 59.30 spike high, with the rally to 59.29 midweek fully retraced back under 58.00 as rising Treasury yields reasserted control. The session reopened with a weekend gap up to 58.57 that faded through the Asia hours, leaving price back at 58.15 in the middle of the range and hugging EMA(20). RSI(14) sits near neutral at 53, offering no directional edge on this timeframe.

Support: 57.58, 58.00, 56.84

Resistance: 58.64, 59.00, 59.29

What it said to watch

  • ISM Manufacturing PMI today 14:00 UTC could materially shift this read via yields
  • H1 close above 59.00 would break the range top
  • Failure to hold 57.58 exposes the 56.84 week low
  • Reclaim of 58.64 needed to challenge the week high

02:03 UTC

Range-bound, fading Monday gap · RSI 51 · price 58.223

Week chopped $56.7-59.3; gap up now partially filled.

Silver gapped up ~1.0 into Monday's open from Friday's 57.58 close, then faded through the Asia session to fill part of it, holding above 57.94 before recovering to 58.22. The week's dominant up-leg from 56.73 to 59.30 has been retraced, and price is now cycling around the EMAs with RSI(14) near neutral. The 58.62 weekly open caps the recovery while the 57.58 gap base underpins.

Support: 57.94, 57.58, 56.84

Resistance: 58.62, 59.05

What it said to watch

  • H1 close above 58.62 weekly open reopens the 59.05 week high
  • Failure to hold 57.58 gap base exposes 56.84 swing low
  • ISM Manufacturing PMI at 14:00 UTC could materially shift this read

02:03 UTC

Range, gap-fade underway · RSI 53 · price 58.223

Ranging below week high after weekend gap up.

Silver gapped higher into Monday's open at 58.57 from Friday's 57.58 close, but the first hours have faded back into the gap, trading 58.22. Price holds just above EMA20 with RSI mid-range, while the descending highs off last week's 59.30 peak still cap; firm US yields and hawkish-Fed repricing kept the upside contained. Structure stays boxed inside the weekly range.

Support: 57.58, 57.04

Resistance: 58.57, 59.30

What it said to watch

  • H1 close below 57.58 fills the weekend gap and reopens 57.04 swing low
  • Reclaim of 58.57 weekly open needed to re-challenge 59.30 week high
  • ISM Manufacturing PMI today 14:00 UTC could materially shift this read

01:04 UTC

Midrange, momentum flat · RSI 47 · price 57.976

Range beneath week high, lower highs since Wed.

Silver spiked to 59.30 mid-week on the soft-PCE bounce before fading into Friday's close near 57.58 as 10y yields rebounded and the USD firmed on hawkish-pause repricing. The weekend session gapped up to 58.62 but has since filled back toward the prior 57.58 low, leaving price pinned around 58.00 below both EMAs. RSI(14) sits mid-band with no directional edge as the $56-59 week range holds.

Support: 57.58, 57.05, 56.74

Resistance: 58.64, 59.30

What it said to watch

  • ISM Manufacturing PMI today 14:00 UTC (Prices Paid ~70) could break this range
  • H1 close below 57.58 confirms a lower-low toward 57.05 and week low 56.74
  • Reclaim of 58.64 swing high reopens the 59.30 week high

01:04 UTC

Range-bound, momentum fading · RSI 45 · price 57.976

Choppy range beneath faded weekly high.

Silver chopped within roughly $56.80–$59.30 this week after the FOMC hawkish-pause read, with the rally to the $59.30 week high fading back toward $58. The weekend reopen gapped up near $58.60, but the Asia session sold it back to the $57.94 area, leaving price hovering on the EMA20 with RSI in the mid-40s. Supply capped the recovery around $58.60 and demand has repeatedly stepped in near $57.58.

Support: 57.58, 56.79

Resistance: 58.60, 59.30

What it said to watch

  • ISM Manufacturing PMI at 14:00 UTC today could materially shift this read
  • H1 close below 57.58 swing low opens the 56.79 week low
  • Reclaim above the 58.60 prior high needed to re-test the 59.30 week high

00:03 UTC

Range-bound, mid-range · RSI 53 · price 58.326

$56.7-$59.3 weekly range, choppy.

Silver spent the week chopping the $56.7-$59.3 band, peaking near $59.30 midweek before Friday's ~1.6% slide back to $57.58 as US yields firmed on the hawkish-hold Fed and beats in Chicago PMI and ECI. The new week reopened with a gap higher to $58.6 before settling around $58.30, leaving price mid-range and just above EMA(20). RSI(14) is neutral near 53, reflecting the two-way chop.

Support: 57.58, 56.73, 56.64

Resistance: 59.00, 59.30

What it said to watch

  • ISM Manufacturing PMI Mon 14:00 UTC (f/c 54, Prices Paid ~70) could shift this read
  • H1 close below 57.58 reopens the 56.73/56.64 support zone
  • Close above 59.00 needed to re-engage the 59.30 week high

00:03 UTC

Range, capped below 59.30 · RSI 52 · price 58.326

Weekly range 56.73–59.30, mid-range.

Silver spent the week chopping inside 56.73–59.30, spiking to the weekly high before sliding into Friday's 57.58 close. A weekend gap up to 58.57 has since faded back to 58.33, parking price at the 38.2% retrace of the 56.73–59.30 rally. Friday's rebound in yields and the USD kept the recovery capped.

Support: 57.582, 56.733

Resistance: 59.297

What it said to watch

  • ISM Manufacturing PMI Mon 14:00 UTC could materially shift this read
  • Close below 57.58 opens the path to weekly low 56.73
  • Reclaim of 58.75 needed to re-challenge 59.30 weekly high

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