09:07 UTC
Range-bound, downside-leaning under 74 · RSI 43 · price 73.753
72-78 range since mid-May, lower highs.
Silver has been pinned in a 72-78 range since mid-May, trading below the EMA(50) and on track for a roughly four-week losing streak as firm US data and hawkish-Fed rhetoric weigh. Price is capped under 74 again and pressing the lower half of the range near 72.45, with each rally fading into lower highs. The competing safe-haven bid from Middle East risk has so far only slowed, not reversed, the drift.
Support: 72.45
What it said to watch
- US NFP/AHE trio in ~5h could materially shift this read
- Daily close above 78 invalidates the range read
- Failure to hold 72.45 confirms a range break lower