Friday's NFP miss briefly spiked silver to 62.07 before rising yields drove it to 59.676. The week opened with a gap up from the 60.352 Friday close, and the early Asia session is holding a 60.619–60.896 range between the 38.2% and 50% retracement of that drop. RSI(14) is near 54 and price sits marginally above flat EMA20/EMA50, so there is no directional structure, with the session high capping so far.
Support: 60.619, 60.352, 60.295
Resistance: 60.896, 61.00, 61.155
What it said to watch
M15 close above the 60.896 session high (50% fib) puts the 61.00 round number and the 61.155 61.8% fib in play
Failure to hold the 60.619 session low exposes a fill of the gap to the 60.352 Fri close, then the 60.295 Fri NY low
Weekend Iran/oil headlines and the 10y yield can move the Asian range before data
S&P Global PMI 13:45 UTC and ISM Services 14:00 UTC (f/c 55.7) could materially shift this read later Monday
Gap-up Asia open, tight session range under 50% retrace.
Sunday's Asia session gapped up from Friday's 60.352 close and is holding a tight 60.62–60.90 range. The session high is stalling at the 50% retrace of the post-NFP 62.07–59.68 drop, a selloff driven by yields rather than the payrolls miss. RSI(14) near 58 shows no extreme, and the swing low at 59.676 still anchors the structure.
Support: 60.619, 60.352, 59.676
Resistance: 60.896, 61.00, 61.404
What it said to watch
M15 close above the 60.896 session high exposes the 61.00 round number and the 61.404 lower high
Loss of the 60.619 session low turns focus to a gap fill toward the 60.352 Fri close
A break under the 59.676 swing low would extend the post-NFP lower-low sequence
S&P PMI 13:45 UTC and ISM Services 14:00 UTC Monday (f/c 55.7) could materially shift this read
Weekend gap up, rejected at 50% retrace of the NFP drop, early Asia session.
Friday's NFP miss spiked silver to 62.07, but firm yields reversed the move to 59.676 before a grind back up. The Asia session opened with a gap up from the 60.352 Friday close, was rejected at the 60.896 open high near the 50% fib, and is now drifting toward the 60.619 sunday low, pinned near the EMA50.
Support: 60.619, 60.352, 60.00
Resistance: 60.724, 60.896, 61.00
What it said to watch
Break of the 60.62 sunday low (38.2% fib zone) exposes the 60.35 gap fill
M15 close above the 60.90 open high reclaims the 50% fib and brings the 61.00 round number into view
60.72 prior high, Friday's NY swing high, is the first cap for any rebound
Loss of 60.00 psych would put the post-NFP higher-low sequence at risk
S&P Global PMI 13:45 UTC and ISM Services 14:00 UTC Mon (f/c 55.7) could materially shift this read
Weekly open gap above Friday close; tight 60.63–60.90 range just under the 50% retrace of the NFP drop.
Weekly open gapped about 280 pips above Friday's 60.352 close. The early Asia session high at 60.896 stalled just above the 50% retrace of Friday's NFP spike-and-drop (62.07 to 59.676), a slide the digest ties to rising yields rather than the payrolls miss. Price is now compressing between the 60.63 Sunday low and that high, RSI(14) near 62, with EMA50 only marginally below.
Support: 60.629, 60.352
Resistance: 60.896, 61.00, 61.155
What it said to watch
Loss of the 60.63 sunday low leaves the 60.35 gap fill exposed
M15 close above the 60.90 sunday high and the 61.00 round number brings the 61.8% fib near 61.16 into view
Failure below the gap fill shifts focus to psych 60, with the post-NFP low at 59.68 below
ISM Services PMI and Prices Paid Mon 14:00 UTC (f/c 55.7) could materially shift this read
Weekend oil and US-Iran headlines remain gap and spike risk through the Asia session
22:47 UTC
Recovering off Friday's post-NFP low, stalling at open · RSI 58 · price 60.684
Weekly open gap-up inside 50% retrace of NFP drop.
Friday's NFP spike to 62.07 fully reversed to 59.676 as yields rose. Price then retraced into the close at 60.352. Sunday's open gapped up and printed an open high at 60.896, near the 50% retrace of that drop, before easing back to 60.68 in thin early Asia trade, just under Friday's late prior high at 60.724.
Support: 60.629, 60.352, 60.00
Resistance: 60.724, 60.896
What it said to watch
M15 close below the 60.629 gap low puts the gap fill at the 60.352 Friday close in play
Acceptance above the 60.896 open high and 50% retrace invalidates the rejection read and exposes 61.00
Loss of the 60.00 psych level reopens Friday's 59.676 low
ISM Services PMI Mon 14:00 UTC (f/c 55.7) could materially shift this read
22:32 UTC
Rebounding off post-NFP low, gap higher at open · RSI 64 · price 60.754
62.07 high to 59.68 low, recovery stalling near 50% retrace.
The open gapped up from Friday's 60.35 close to 60.63, and early Asia session trade tagged a 60.90 session high near the 50% retrace of the 62.07–59.68 post-NFP sell-off before easing. Price holds above EMA20 and EMA50 with RSI(14) near 64, and the 60.63 gap low is the first floor below.
Support: 60.629, 60.352, 60.00
Resistance: 60.896, 61.00
What it said to watch
Failure to hold the 60.63 gap low opens a fill toward the 60.35 Friday close, with the 60.00 psych level beneath
M15 close above the 60.90 session high and the 61.00 round number clears the 50% retrace and puts the 61.15 61.8% level in play
ISM Services PMI and Prices Paid (Mon 14:00 UTC, f/c 55.7) could materially shift this read via yields
Oil and US-Iran headlines remain a source of gap risk through the Asia session
Higher lows off 59.676, Sunday gap up into 50% fib.
Friday's NFP-miss spike to 62.07 met rejection as yields drove a slide to 59.676, followed by a higher-low recovery along the rising trendline into the close. The Sunday Asia session open gapped 280 pips above the 60.352 Friday close, clearing the 60.724 prior high, and is now testing the 50% fib near 60.87 just under the 60.896 open high, with RSI(14) near 65.
Support: 60.724, 60.632, 60.352
Resistance: 60.896, 61.00, 61.155
What it said to watch
M15 close above the 60.896 open high and 61.00 psych opens the fib 61.8 at 61.155
Slip back under the 60.724 prior high and the 60.632 gap open puts the gap fill toward the 60.352 Friday close in play
Break of the rising trendline from 59.676 negates the higher-low sequence
ISM Services PMI Mon 14:00 UTC (f/c 55.7) could materially shift this read
Higher-low rebound after failed NFP spike; weekend gap up at Asia open.
Friday's NFP spike to 62.07 cleared the Asian high, then failed and unwound to 59.676 as yields stayed firm. The rebound since has printed higher lows along rising support. The Asia reopen gapped up from the 60.352 friday close to the 60.632 sunday open and is now pressing the 60.724 rebound high, between the 38.2% and 50% fib of the sell-off.
Support: 60.632, 60.352, 60.00
Resistance: 60.724, 60.873, 61.00
What it said to watch
Holding above the 60.632 sunday open keeps the gap intact. A slip back toward the 60.352 friday close would mean the gap is filling.
An M15 close above the 50% fib at 60.873 brings the 61.00 round number into play.
A break of rising support and then the 60.00 psych would point to a lower low below 59.676.
ISM Services PMI Mon 14:00 UTC (f/c 55.7) could materially shift this read.
Lower high at 60.724 below the post-NFP spike high, price back near the Asian low.
The NFP spike to 62.07 broke above the Asian high near 61.46, then reversed and unwound to the 59.676 nfp low as yields firmed despite the miss. The late-NY rebound was rejected at the 60.724 rebound high, between the 38.2% and 50% fib, leaving a lower high. The week closed at 60.35 under EMA20, just above the 60.20 Asian low, RSI(14) 41.
Support: 60.20, 60.00, 59.676
Resistance: 60.724, 60.873, 61.00
What it said to watch
A close below the 60.20 Asian low exposes the 60.00 round number and the 59.676 nfp low
A move back above the 60.724 rebound high and the lower-highs line would break the lower-high sequence and bring the 50% fib at 60.873 and the 61.00 psych level into play
Weekend gap risk on oil and US-Iran headlines at the Monday open
ISM Services PMI on Mon 14:00 UTC (f/c 55.7) could materially shift this read
21:32 UTC
Post-NFP selloff, weak recovery fading into Friday close · RSI 53 · price 60.352
Lower high at 60.724 after 59.676 low; recovery line broken.
The NFP miss spiked silver through the London high to 62.07, but the move was fully rejected and NY sold to a 59.676 low as yields firmed. The late-NY recovery stalled at the 60.724 bounce high, just under the 50% fib of the drop, and price closed the week back below the recovery line near 60.35.
Support: 60.295, 60.00, 59.676
Resistance: 60.724, 61.00, 61.545
What it said to watch
Loss of the 60.295 late low and the 60.00 round number reopens the 59.676 NY low
Reclaim of the 60.724 bounce high restores the recovery line, with the 61.00 round number next
London high at 61.545 marks the top of the NFP false break
Weekend gap risk on oil/Iran headlines, and ISM Services Mon 14:00 UTC (f/c 55.7) could materially shift this read
21:18 UTC
Down since NFP rejection, recovery fading · RSI 46 · price 60.352
Lower high at 60.724 under the 62.07 spike high; recovery line broken into Friday close.
The NFP spike to 62.07 cleared the London high but was fully rejected in NY hours. Firm yields outweighed the 29K payrolls miss, and price slid to the 59.676 NY low. The late recovery stalled at a 60.724 lower high, between the 38.2% and fib 50% retracement, and price has since slipped under the ema20 (60.44) and the recovery line, closing the week near 60.35.
Support: 60.193, 60.00, 59.676
Resistance: 60.44, 60.724, 60.873
What it said to watch
Break below the 60.193 asian low exposes the 60.00 round number and the 59.676 ny low
M15 close back above the ema20 and the 60.724 lower high negates the fading-recovery read, with the 60.873 fib 50% next overhead
Weekend gap risk from US-Iran/Hormuz headlines into the Asia open
ISM Services PMI Mon 14:00 UTC (f/c 55.7) and Prices Paid could materially shift this read
62.07 spike fully reversed to 59.68; recovery capped at 60.72 lower high, higher-low chain broken late NY.
The NFP miss (29K vs 90K) lifted silver above the London high to a 62.07 NFP high. Rising yields then reversed the spike into a 59.68 day low during NY hours. The bounce stalled at the 60.72 swing high near the 38.2% retrace, and the week closes at 60.35 on the late low, below EMA20.
Support: 60.295, 60.00, 59.676
Resistance: 60.724, 61.00, 62.07
What it said to watch
Weekend gap risk on US-Iran / oil headlines
Failure to hold the 60.30 late low exposes the 60.00 psych level and the 59.68 day low
M15 close above the 60.72 swing high reopens the 61.00 round number
ISM Services PMI Mon 14:00 UTC (f/c 55.7) could materially shift this read