XAG/USD AI Live Scan, 15-minute chart, Thursday, 6 August 2026
Every read JAFX AI made on the XAG/USD 15-minute chart that day, newest first: trend, structure, the levels it marked and what it said to watch.
23:47 UTC
Downtrend, basing after selloff · RSI 55 · price 61.60
Consolidation above the session low.
Silver sold off from 62.89 down to 60.86 through the London-NY session before recovering to consolidate in a tight 61.40–61.80 band on thin, low-volume Asia trade. Price now sits at 61.60, holding above the recovery base with RSI(14) back to neutral.
Support: 61.40, 61.00
Resistance: 61.80, 62.00
What it said to watch
M15 close above 61.80 opens the path to 62.00
Loss of 61.40 exposes 61.00
US Nonfarm Payrolls Fri 12:30 UTC is the dominant catalyst and can break this range either way
23:47 UTC
Intraday downtrend, basing · RSI 54 · price 61.60
Consolidating above day low after selloff.
Silver sold off from 62.89 through the session to a 60.86 day low, then based and ground back to 61.60 on thin late-session volume. RSI(14) has recovered off oversold to mid-range; price is churning in a 61.40–61.82 band, the metal holding near $62 support flagged in the broader read.
Support: 61.40, 61.06, 60.86
Resistance: 61.82, 62.06
What it said to watch
Close above 61.82 opens the 62.06 prior high
Loss of 61.40 reopens 61.06 then the 60.86 day low
US NFP Fri 12:30 UTC is the dominant catalyst and could reset this range
23:32 UTC
Downtrend, stabilising · RSI 50 · price 61.528
Tight consolidation off day low.
Silver sold off from the 62.89 high to a 60.86 day low, then recovered to 61.5 and is now churning in a tight 61.40–61.57 band on thin Asian-session volume. RSI(14) is flat near 50 with price hugging EMA20 but capped below EMA50; no setup in play here.
Support: 61.40, 61.00, 60.86
Resistance: 61.57, 61.82
What it said to watch
US NFP Fri 12:30 UTC is the dominant catalyst — can materially shift this read
M15 close above 61.57 opens the path back toward the 61.82 swing high
Loss of 61.40 range floor exposes 61.00 then the 60.86 day low
23:32 UTC
Downtrend stalling, now flat · RSI 53 · price 61.528
Tight consolidation after decline off 62.65.
Silver was rejected below the 50-day area near 62.65 and slid through the NY session to a low at 60.86 before recovering to churn in a tight 61.40–61.55 band into a thin, low-volume late session. Momentum is neutral with RSI(14) mid-range; no directional structure in play right now.
Support: 61.40, 61.23
Resistance: 61.80, 62.00
What it said to watch
M15 close above 61.80 opens the path to the 62.00 psych level
Loss of 61.40 session low exposes the 61.23 swing low
US NFP Fri 12:30 UTC is the dominant catalyst and can break this range either way
23:17 UTC
Downtrend, now consolidating · RSI 51 · price 61.522
Range after two-day-rally fade.
Silver rolled off the 62.6 area to a 60.86 day low then bounced to 61.78 before settling into a tight 61.44-61.53 range in thin Asian trade. RSI(14) is flat near 51 with price pinned around EMA20 — no directional impulse into the NFP session.
Support: 61.44, 60.86
Resistance: 61.78, 62.06
What it said to watch
M15 close below 61.44 range floor exposes 60.86 day low
Close above 61.78 session high opens the path toward 62.06
US Nonfarm Payrolls Fri 12:30 UTC is the dominant catalyst for the next leg
Sold off to 60.86, recovered into 61.4-61.8 range.
Silver slid from the 62.9 spike high to a 60.86 session low before recovering, and is now consolidating in a tight 61.40-61.78 band with low late-session volume. Price sits right on EMA20 as the two-day rally rests below the 62.65 rejection zone; RSI(14) is neutral near 51.
Support: 61.40, 61.10, 60.86
Resistance: 61.78, 62.00
What it said to watch
US Nonfarm Payrolls Fri 12:30 UTC is the dominant catalyst and can break this range either way
M15 close above 61.78 reopens the path toward 62.00
Sold from 62.9 to 60.86, bounce faded, now consolidating.
Silver ground lower through the NY session from 62.9 to a 60.86 low, then bounced to 61.80 before rolling back. Price is now churning on thin Asia-session volume in a tight 61.44–61.53 band, holding below EMA20/50 with RSI mid-range.
Support: 61.40, 60.86
Resistance: 61.53, 61.80
What it said to watch
Close above 61.80 swing high would break the intraday downtrend structure
Loss of 60.86 swing low exposes further downside
US NFP Fri 12:30 UTC is the dominant catalyst and can invalidate this range read
Silver sold from the 62.7 area to a 60.86 swing low through the NY session, then bounced and is now churning in a tight 61.45–61.55 band on thin late-session volume. RSI(14) sits mid-range near 45 with price hugging just below EMA20/50; no setup in play ahead of NFP.
Support: 61.10, 60.70
Resistance: 61.55, 61.82, 62.00
What it said to watch
US Nonfarm Payrolls Fri 12:30 UTC is the dominant catalyst and could reset this read
Close below 61.10 swing low exposes the 60.70 bull pivot
Reclaim of the 61.82 swing high needed to challenge the 62.00 psych level
22:47 UTC
Downtrend, stabilising into range · RSI 48 · price 61.488
Consolidating above session low after selloff.
Silver sold off from 62.89 to a 60.86 session low through NY hours, then recovered to reject at 61.82; price now churns in a tight 61.40–61.52 band on thin late-Asia volume. RSI(14) is mid-range near 48 with a small gap through the rollover into 61.40.
Support: 61.40, 60.86
Resistance: 61.82, 62.06
What it said to watch
M15 close above 61.82 opens the path to 62.06
Loss of 61.40 range low exposes 60.86 session low
US NFP Fri 12:30 UTC is the dominant catalyst and could reset this read
22:47 UTC
Downtrend, now consolidating · RSI 49 · price 61.488
Tight range in low-61s after session selloff.
Silver sold off from the 62.89 spike down to 60.86 through the session and is now consolidating in a tight 61.40–61.55 band into the late/Asia hours. RSI(14) sits neutral near 49 with price pinned just under EMA20/50; nothing structural in play until the range resolves.
Support: 61.40, 61.00, 60.86
Resistance: 61.55
What it said to watch
M15 close above 61.55 range top ends the consolidation
Loss of 61.40 range low exposes 61.00 then 60.86 session low
US NFP Fri 12:30 UTC is the dominant catalyst and can reset this read
22:32 UTC
Downtrend easing, basing · RSI 49 · price 61.513
Sold off to session low, now consolidating.
NY session ground silver down from the 62.88 spike to a 60.86 session low, then a shallow recovery stalled at 61.78. Price now consolidating in a tight 61.40–61.55 band into thin late-session trade, RSI(14) neutral near 49.
Support: 61.40, 61.10, 60.86
Resistance: 61.78, 62.00
What it said to watch
Close above 61.78 swing high reopens the 62.00 round number
Loss of 61.40 range low exposes 61.10 then the 60.86 session low
US NFP Fri 12:30 UTC is the dominant catalyst and can reset this read
Silver sold off from the 62.89 session high through the day to a 60.86 low before buyers stepped in, now consolidating in a 61.30-61.83 band around 61.51. Move mirrors the two-day rally stalling below the $62.65 rejection zone; RSI(14) neutral near 48 as price churns.
Support: 61.10, 60.86
Resistance: 61.83, 62.06
What it said to watch
M15 close above 61.83 swing high reopens the 62.06 prior high
Loss of 61.10 swing low exposes the 60.86 session low
NFP Fri 12:30 UTC is the dominant catalyst and can break this range
Silver sold off to a session low at 60.86 as the two-day rally stalled below 62.65, then recovered to tag 61.80 before easing back. Price now churns in a 61.40–61.80 band in thin late-NY trade, RSI(14) mid-range near 47.
Support: 61.40, 61.06, 60.86
Resistance: 61.80, 62.00
What it said to watch
M15 close below 61.40 consol floor exposes 61.06 swing low then 60.86 session low
Reclaim of 61.80 session high needed to re-approach the 62.00 psych level
NFP Fri 12:30 UTC is the dominant catalyst and could reset this read
Lower highs then consolidation into thin late-session tape.
Silver slid from the 62.89 spike through NY hours to a 60.86 swing low, then based and is churning in a 61.30–61.83 band, RSI(14) back to neutral near 47. Late-session volume has thinned to a trickle; price sits just under EMA20/EMA50 with no fresh direction.
Support: 61.30, 61.00, 60.86
Resistance: 61.83, 62.06
What it said to watch
M15 close above 61.83 clears the session high and reopens 62.06
Loss of 61.30 exposes 61.00 then the 60.86 swing low
US NFP Fri 12:30 UTC is the dominant catalyst and can override this range
Recovery after NY sell-off, range-bound near 61.5.
Silver was rejected below the $62.65 50-day zone and sold off through the NY session to 60.86, then recovered to churn around 61.5. Price is holding a 61.45–61.83 band with RSI(14) flat near 49 — no directional setup in play ahead of NFP.
Support: 61.45, 61.10, 60.86
Resistance: 61.83, 62.00, 62.65
What it said to watch
US Nonfarm Payrolls Fri 12:30 UTC is the dominant catalyst and can reset this read
Close above 61.83 opens the path back to the 62.00 round number
Loss of 61.45 exposes the 61.10 swing low, then the 60.86 NY low
Silver was sold from the 62.88 spike down to a 60.86 session low, then bounced to 61.83 before fading back to 61.5. Now churning in a 61.45–61.83 band, RSI(14) mid-range, price pinned to its EMAs ahead of NFP.
Support: 61.45, 60.96
Resistance: 61.83, 62.06
What it said to watch
US NFP Fri 12:30 UTC is the dominant catalyst and could break this range either way
M15 close above 61.83 reopens the 62.06 area
Loss of 61.45 exposes the 60.96 session low
21:47 UTC
Downtrend fading, base building · RSI 47 · price 61.518
Recovery off session low, rising lows.
Silver was rejected ahead of $63 earlier and sold off through the NY session to a low at 60.86, then bounced to retest 61.83 before drifting back to 61.52. Rising intraday lows off 60.86 have it churning around the 38.2% retrace of the decline; RSI(14) neutral near 46.
Support: 61.45, 60.86
Resistance: 61.83, 62.00
What it said to watch
M15 close above 61.83 opens the path back to the 62.00 psych level
Loss of 61.45 re-exposes the 60.86 session low
US Nonfarm Payrolls Fri 12:30 UTC is the dominant catalyst and could reset this read
21:47 UTC
Downtrend, stabilising off lows · RSI 50 · price 61.518
Sold to session low, recovering into a higher-low base.
Silver bled lower through the NY session after the sub-$63 rejection, printing a session low at 60.86 before buyers stepped in to recover toward 61.82. Price now churns near 61.50 having reclaimed EMA20 but still under EMA50; RSI back to neutral after the flush. NFP tomorrow is the dominant swing factor.
Support: 61.45, 61.23, 60.86
Resistance: 61.82, 62.00
What it said to watch
US Nonfarm Payrolls Fri 12:30 UTC can override this intraday structure
M15 close above 61.82 extends the recovery toward 62.00
Loss of 61.23 reopens the 60.86 session low
21:32 UTC
Downtrend, bounce off lows · RSI 46 · price 61.518
Lower highs from 62.89, consolidating above 61.45 after 60.86 low.
Silver sold off from a 62.89 high to a 60.86 session low through NY hours, then recovered to consolidate around 61.5. The last push to 61.82 was rejected; RSI(14) sits mid-range near 46 with ATR around 15c per bar.
Support: 61.45, 61.06, 60.86
Resistance: 61.82, 62.20
What it said to watch
Fed's Musalem speaking around now (21:30 UTC) could jolt this read
NFP Fri 12:30 UTC is the dominant catalyst for silver
Close below 61.45 reopens the 61.06 swing low and 60.86 session low
Reclaim of 61.82 needed to challenge the 62.20 swing high
Sharp NY decline, base carved, higher lows building.
Silver sold off through NY hours from the 62.88 spike down to a 60.86 session low, then recovered into a 61.45-61.83 band. Price now consolidates near its EMAs, holding above the recent low but capped under the 61.83 swing high ahead of Friday's NFP.
Support: 61.45, 61.23, 60.86
Resistance: 61.83, 62.00
What it said to watch
US NFP Fri 12:30 UTC is the dominant catalyst and could reset this read
Close above 61.83 swing high opens the path back toward 62.00 psych
Loss of 61.45 recent low exposes 61.23 swing low then the 60.86 session low
21:17 UTC
Downtrend, stabilising off lows · RSI 52 · price 61.518
Lower highs into a 61.30–61.80 consolidation.
Silver sold off from the 62.89 spike high to a 60.86 session low during NY hours, then recovered into a 61.30–61.80 consolidation; last at 61.52. RSI(14) sits near neutral, price has reclaimed EMA20 but remains under EMA50.
Support: 61.30, 60.86
Resistance: 61.83, 62.00
What it said to watch
Close above 61.83 swing high opens the 62.00 round number
Loss of the 61.30 range floor reopens the 60.86 session low
US NFP Fri 12:30 UTC and Musalem speech (~21:30 UTC) are the dominant catalysts and could reshape this read
Silver based twice near 60.86-60.96 during NY hours then recovered to a 61.83 session high before rejecting back to 61.52. Micro higher lows intact but momentum flat with RSI(14) near 50; NFP tomorrow is the dominant catalyst.
Support: 61.45, 61.00, 60.70
Resistance: 61.83, 62.00
What it said to watch
US Nonfarm Payrolls Fri 12:30 UTC could materially shift this read
Close below 61.00 swing low exposes the 60.70 pivot
Reclaim of 61.83 session high reopens 62.00
21:05 UTC
Downtrend easing into consolidation · RSI 47 · price 61.518
Sold off from 62.9, basing in 61.2–61.8.
Silver was rejected near 62.9 early and bled through the NY session to a 60.86 low before buyers stepped in, lifting price back to the 61.82 swing high. It has since stalled around 61.5, consolidating in a 61.2–61.8 band with RSI(14) neutral near 47.
Support: 61.45, 61.23, 60.96
Resistance: 61.82, 62.00
What it said to watch
M15 close above 61.82 reopens the path toward 62.0
Failure to hold 61.23 exposes the 60.96 session low
US NFP Fri 12:30 UTC is the dominant catalyst and could break this range
21:05 UTC
Downtrend easing, now basing · RSI 49 · price 61.518
Consolidation after NY sell-off, higher lows off 60.86.
Silver spiked to 62.88 early then sold off through the NY session into a base at 60.86, and has since carved higher lows to consolidate in the 61.30–61.80 band. RSI(14) sits mid-range near 48 as the late-NY/Asia handover thins out; NFP tomorrow is the next swing factor.
Support: 61.30, 60.86
Resistance: 61.78, 62.00
What it said to watch
M15 close above 61.78 opens a retest of 62.00
Loss of 61.30 exposes the 60.86 session low
US NFP Fri 12:30 UTC could materially shift this read
Based at 60.86, higher lows into 61.83, now pulling back.
Silver carved a rounded base at the session low near 60.86 through the NY session and recovered to 61.83 before fading back to 61.477, RSI(14) neutral around 46. Price is consolidating below the 61.83 session high, holding above rising support off the low; weak-USD/soft-jobs backdrop keeps the bounce intact.
Support: 61.45, 61.00, 60.86
Resistance: 61.83, 62.00
What it said to watch
Close below 61.45 recent low exposes the 61.00 psych level then 60.86 session low
Close above 61.83 session high opens the path to the 62.00 round number
Fed's Musalem 21:30 UTC and NFP Fri 12:30 UTC could materially shift this read
Silver sold off through the NY session from 62.89 down to a 60.86 low, then based and reclaimed the 61.30–61.80 band. Price is churning below the descending lower-highs line at 61.83 with RSI(14) back to neutral around 47.
Support: 61.30, 60.86
Resistance: 61.83, 62.00
What it said to watch
M15 close above 61.83 breaks the lower-highs line and reopens 62.00
Loss of 61.30 exposes the 60.86 session low
Fed's Musalem at 21:30 UTC and NFP Fri 12:30 UTC are the near-term catalysts
20:32 UTC
Downtrend, now consolidating off lows · RSI 48 · price 61.526
Range after impulsive sell-off.
Silver was rejected below 62.89 and sold to a 60.86 day low before recovering into a 61.30–61.83 range; RSI(14) sits mid-range near 47. The session high at 61.83 caps the bounce while the 60.86 day low marks the base.
Support: 60.861, 61.10
Resistance: 61.83, 62.05
What it said to watch
M15 close above 61.83 session high opens the 62.05 psych level
Loss of the 61.10 swing low re-exposes the 60.86 day low
Fed's Musalem speaks 21:30 UTC and NFP Fri 12:30 UTC could materially shift this read
Silver sold off through NY hours to 60.86, then bounced to 61.83 — roughly the 50% mark of that selloff — before easing back to 61.53 into the late session. RSI(14) sits neutral near 49; price is churning between 61.10 and 61.83 with no fresh impulse.
Support: 61.10, 60.86
Resistance: 61.83
What it said to watch
M15 close above 61.83 session high extends the bounce off 60.86
Loss of 61.10 swing low reopens the 60.86 session low
Fed's Musalem 21:30 UTC then NFP Fri 12:30 UTC are the dominant catalysts
Twin lows near 60.86, bounce stalling under 61.83.
Silver sold through the NY session to 60.86 after rejection below the $62.65 50-day area, then recovered to 61.83 before easing to 61.64. Twin lows around 60.86–60.97 held and RSI(14) sits mid-range near 53.
Support: 61.00, 60.861
Resistance: 61.817, 62.00
What it said to watch
Close above 61.83 opens 62.00
Loss of 61.00 exposes the 60.86 session low
Fed's Musalem 21:30 UTC and NFP Fri 12:30 UTC are the next catalysts
Silver leaked lower through the NY session to a 60.86 low before buyers stepped in, lifting price back to 61.83 and now easing to 61.6. RSI(14) has recovered to mid-range as the recovery leg holds above 61.47; 61.83 session high still caps.
Support: 61.47, 61.00, 60.70
Resistance: 61.83, 62.00
What it said to watch
M15 close above 61.83 opens the path back to 62.00
Loss of 61.00/60.86 resumes the intraday downtrend toward the 60.70 pivot
US NFP Fri 12:30 UTC and Fed's Musalem 21:30 UTC tonight could materially shift this read
Silver sold off through NY to a 60.86 session low before recovering; the 61.3–61.5 consolidation broke higher into the late-NY hours, printing 61.83. RSI(14) mid-range near 56 and price back above EMA20/50, with the recovery capped so far below the 62.00 round number.
Support: 61.45, 60.86
Resistance: 62.00, 62.20
What it said to watch
Close above 62.00 opens the path toward the 62.20 prior swing
Loss of 61.45 range low exposes 60.86 session low
Fed's Musalem 21:30 UTC and NFP Fri 12:30 UTC could materially shift this read
Higher lows off 60.86 base, retesting session high.
Silver carved a base at the 60.86 session low and recovered to retest the 61.83 session high, RSI(14) in the low-60s. Micro higher-lows are intact off the soft-USD-led bounce; 61.83 caps for now.
Support: 61.30, 60.86
Resistance: 61.83, 62.00
What it said to watch
M15 close above 61.83 opens the path back to the 62.00 psych level
Loss of the 61.30 base exposes the 60.86 session low
Fed's Musalem speaks 21:30 UTC — could shift this read into the next bars
19:47 UTC
Downtrend, bouncing off base · RSI 54 · price 61.514
Session lows carved near 60.86, recovering into a 61.3–61.78 range.
Silver bled lower through the NY session from the 62.88 spike to a 60.86 session low, then based and recovered on a soft-USD tailwind. Price now consolidates 61.3–61.78, holding above EMA20; the 61.78 session high caps the bounce.
Support: 61.30, 60.86
Resistance: 61.78, 62.00
What it said to watch
M15 close above 61.78 session high opens the path to 62.00 psych
Loss of 60.86 session low extends the downtrend
NFP Fri 12:30 UTC is the dominant catalyst
Fed Musalem 21:30 UTC tonight could shift the USD read
Silver's two-day rally stalled below $63 and rolled over to a session low at 60.86 during the NY session, then staged a rounded recovery back to 61.5, supported by a soft-USD/weak-oil backdrop. Now ranging 61.30–61.70 with a chain of higher lows off the low; RSI(14) balanced near 53.
Support: 61.30, 61.00, 60.861
Resistance: 61.70, 62.00
What it said to watch
M15 close above 61.70 opens a retest of 62.00
Loss of 61.30 exposes the 61.00 round pivot and 60.86 session low
Fed's Musalem 21:30 UTC and NFP Fri 12:30 UTC could reset this range
19:32 UTC
Downtrend, bounce off lows · RSI 51 · price 61.515
Recovered off double bottom near 60.86.
Silver sold off through the NY session from the 62.5 area to a 60.86 double bottom, then bounced to 61.78 before pulling back to 61.51. Price sits back above EMA20 but under EMA50, RSI(14) recovered to neutral around 50.
Support: 61.00, 60.861
Resistance: 61.78, 62.00, 62.526
What it said to watch
M15 close above 61.78 swing high extends the recovery toward 62.00
Loss of 61.00 psych re-exposes the 60.86 session low
US NFP Fri 12:30 UTC could materially shift this read
Consolidating above higher lows after NY sell-off.
NY session drove silver down to a 60.86 session low, twin-tested near 60.9, then a recovery leg tagged 61.78 before easing back to 61.5. Now consolidating on higher lows between the 61.30 range base and the 61.78 bounce high, RSI(14) neutral near 49.
Support: 61.30, 60.86
Resistance: 61.78, 62.00
What it said to watch
M15 close above 61.78 opens the path back toward 62.00
Loss of 61.30 range base re-exposes the 60.86 session low
Fed's Musalem 21:30 UTC could inject volatility this session
19:17 UTC
Recovering off session low, momentum building · RSI 60 · price 61.714
Higher lows after double bottom near 60.86.
Silver bottomed twice near 60.86 during NY hours, then ground higher on lower oil and a soft dollar. Price consolidated 61.30-61.50 before the last bar broke to 61.78 and settled at 61.71; RSI(14) near 60, room in both directions.
Support: 61.30, 60.86
Resistance: 61.78, 62.00
What it said to watch
M15 close back below 61.30 negates the breakout and reopens 60.86
Sustained trade above 61.78 extends the recovery toward the 62.00 area
Fed's Musalem (21:30 UTC) and Friday NFP could reset this read
NY session bounced off the 60.86 session low, printing higher lows into 61.71 with RSI recovering toward 60. Move stalls just under the 61.78 swing high; 62.00 psych level caps the recovery above.
Support: 61.30, 61.00, 60.86
Resistance: 61.78, 62.00
What it said to watch
M15 close above 61.78 opens the path to 62.00
Loss of 61.30 exposes 61.00 and the 60.86 session low
US NFP Fri 12:30 UTC could materially shift this read
Silver sold off through the NY session to a 60.86 low, then recovered to consolidate 61.30–61.55 into the afternoon on a soft dollar and lower oil. RSI(14) is back near 57 off the lows and price has reclaimed EMA20, but the move stalls under the 61.72 swing high and remains well short of the $62.00 psych level.
Support: 61.30, 61.00, 60.86
Resistance: 61.72, 62.00
What it said to watch
M15 close above 61.72 opens the path back toward 62.00
Failure to hold 61.30 reopens 61.00 and the 60.86 session low
Fed's Musalem 21:30 UTC and NFP Fri 12:30 UTC could materially shift this read
19:03 UTC
Downtrend, basing after selloff · RSI 51 · price 61.515
Session low carved at 60.86, recovering into 61.50.
Silver bled lower through the NY session from 62.4 to a 60.86 low before basing and recovering to 61.50 on soft-dollar/lower-oil tailwinds. Price is back above the EMA20 with RSI(14) neutral near 51, but the descending sequence of session highs still caps the bounce.
Support: 60.861
Resistance: 61.56
What it said to watch
M15 close above 61.56 recent high would break the lower-high sequence
Loss of 60.86 session low reasserts the downtrend
US NFP Fri 12:30 UTC could materially shift this read
Silver sold off through the NY session from ~62.3 to a 60.86 session low, then recovered to consolidate near 61.50 with higher lows forming. RSI(14) back to neutral around 55 as price holds above EMA20 but under EMA50; recent high at 61.55 caps the bounce.
Support: 61.30, 61.00, 60.86
Resistance: 61.55, 61.70, 62.00
What it said to watch
Close above 61.55 recent high opens the path to 61.70 swing high / 62.00 psych
Failure to hold 61.30 consol base exposes 61.00 round and the 60.86 session low
US NFP Fri 12:30 UTC could materially shift this read
18:46 UTC
Downtrend, bouncing off lows · RSI 54 · price 61.496
Lower lows into 60.86, recovering.
Silver sold off through the NY session from the 62.89 high to a 60.86 session low, then based and clawed back to 61.50. Price is now consolidating above 61.00 with RSI(14) recovered to mid-range from oversold.
Support: 61.00, 60.86
Resistance: 61.70
What it said to watch
M15 close above 61.70 challenges the descending sequence of lower highs
Failure to hold 61.00 re-exposes the 60.86 session low
US NFP Fri 12:30 UTC could materially shift this read
18:32 UTC
Downtrend, recovering off lows · RSI 55 · price 61.504
Session downtrend, double bottom near 60.86.
Silver bled from ~62.9 through the NY session down to a session low of 60.86, with a double bottom against 60.97/60.86 before recovering to 61.50 on softer oil and a leaky dollar. Price has reclaimed the EMA20 but still sits below the EMA50; near-term structure is a corrective bounce inside the broader decline.
Support: 61.10, 60.86
Resistance: 61.79, 62.00
What it said to watch
M15 close above 61.79 swing high would confirm the recovery extends toward 62.00 psych
Failure to hold 61.10 swing low re-exposes the 60.86 session low
US NFP Fri 12:30 UTC is the decisive catalyst and could reset this read
Silver sold off through the NY session from ~62.00 to a 60.86 session low as the earlier rejection near $63 unwound, then rebounded to 61.50 on rising lows. RSI(14) has lifted back to the mid-50s off oversold; price reclaimed EMA20 but is still capped under EMA50 around 61.55.
Support: 61.30, 60.86
Resistance: 61.55, 61.80
What it said to watch
M15 close above 61.55 reopens the path to 61.80
Failure to hold the rising lows / 61.30 exposes 60.86 again
Fed's Musalem speaks in ~3h (21:30 UTC) — could shift this read
XAGUSD sold off through the NY session from ~62.4 to a 60.86 session low before demand stepped in twice around 61.0, lifting price back to 61.46. Move ties to the soft-dollar backdrop capping ahead of $63; RSI(14) has cooled to the mid-40s off the lows.
Support: 61.06, 60.86
Resistance: 61.53, 61.79
What it said to watch
M15 close above 61.53 opens the path to the 61.79 swing high
Failure to hold 61.06 re-exposes the 60.86 session low
US NFP Fri 12:30 UTC could materially shift this read
18:03 UTC
Downtrend, bouncing off lows · RSI 49 · price 61.458
Lower highs into 60.86 base, early recovery.
NY session sold XAG steadily from the 62.00 area down to a 60.86 base, with buyers stepping in twice around 61.00 before a recovery to 61.46. Price now reclaimed EMA20 but sits capped below the descending highs near 61.71, RSI(14) back to neutral off the lows.
Support: 61.00, 60.86
Resistance: 61.71, 62.00
What it said to watch
M15 close above 61.71 negates the lower-high sequence
Failure to hold 61.00 reopens the 60.86 session low
US NFP Fri 12:30 UTC could materially shift this read
Silver bled lower through the NY session after rejection near 63, printing a 60.86 session low before a modest bounce to 61.46. A twin low at 60.96/60.86 has held twice, but the sequence of lower highs off the 62.89 spike remains intact.
Support: 60.861, 60.70
Resistance: 61.74
What it said to watch
M15 close above 61.74 breaks the series of lower highs
Failure to hold 60.86 session low exposes the 60.70 pivot
NFP Fri 12:30 UTC could materially shift this read
17:46 UTC
Downtrend, consolidating at lows · RSI 42 · price 61.32
Lower highs into 60.86 base, now flat.
NY-session selloff dragged XAG from 61.79 to a 60.86 low on a soft dollar and lower oil; price bounced to 61.41 and is now consolidating tightly around 61.32. RSI recovering off the lows but still sub-50, structure remains lower-high driven under the descending resistance.
Support: 60.86, 60.70
Resistance: 61.41, 61.70
What it said to watch
M15 close above 61.41 breaks the descending highs
Loss of 60.86 exposes the 60.70 pivot
NFP Fri 12:30 UTC is the decisive catalyst for the next leg
17:46 UTC
Downtrend, stabilising · RSI 45 · price 61.32
Lower highs and lower lows, consolidating off session low.
Silver leaked through the NY session in a clean chain of lower highs, printing a session low at 60.861 before a modest bounce back to 61.32. Price now consolidating below 61.41 after being rejected ahead of $63 earlier; RSI(14) recovering from oversold toward the mid-40s.
Support: 60.861, 60.70
Resistance: 61.413
What it said to watch
M15 close above 61.41 breaks the lower-high chain
Failure to hold 60.86 exposes the 60.70 pivot
US NFP Fri 12:30 UTC could materially shift this read
Lower highs, lower lows; consolidating off session low.
XAG bled lower through the NY session, sweeping the 60.86 low before buyers stepped in for a bounce to 61.41; price now consolidating around 61.32, below EMA20 and EMA50. Move sits at the 38.2% retrace of the 62.20-60.86 leg, capped by declining lower highs into Friday's NFP.
Support: 60.861
Resistance: 61.413, 61.738, 62.196
What it said to watch
Reclaim of 61.74 breaks the lower-high chain and negates the downtrend read
Failure to hold 60.86 confirms a fresh lower-low toward 60.70
US Nonfarm Payrolls Fri 12:30 UTC could materially shift this read
17:31 UTC
Downtrend, bouncing off lows · RSI 45 · price 61.325
Lower highs, basing near 61.00.
XAG slid through NY hours from the 62.88 spike to a 60.86 session low, then bounced and is consolidating around 61.30 under lower-high resistance. RSI(14) recovered off oversold to the mid-40s; soft-dollar tone kept the downside limited but the 61.41–61.72 band is capping the rebound.
Support: 60.86
Resistance: 61.41, 61.72
What it said to watch
M15 close above 61.72 breaks the lower-high sequence
Failure to hold 60.86 confirms a lower low
US NFP Fri 12:30 UTC is the decisive catalyst and could shift this read
17:16 UTC
Downtrend, bouncing off lows · RSI 41 · price 61.312
Lower highs, lower lows; bounce from 60.86.
NY session sold off through 61.70, sweeping the 60.86 low before buyers stepped in, price now recovering to 61.31 with RSI(14) lifting off the low 40s. Silver stays capped well under the $63 area after the earlier rejection near 62.9; the intraday sequence remains lower highs into a bounce.
Support: 60.861
Resistance: 61.70
What it said to watch
M15 close back above 61.70 negates the lower-high sequence
Failure to hold 60.86 exposes 60.70 then 59.40
US NFP Fri 12:30 UTC could materially shift this read
XAG bled lower through the NY session from ~62.4 to a session low of 60.86 on a soft-dollar-but-capped tone, RSI(14) lifting off oversold as buyers stepped in near the 61.00 round number. Price holds below descending resistance; the intraday lower-high chain is intact into Friday's NFP.
Support: 61.00, 60.86, 60.70
Resistance: 61.41
What it said to watch
M15 close above 61.41 breaks the lower-high sequence
Failure to hold 60.86 exposes the 60.70 pivot
US NFP Fri 12:30 UTC is the decisive catalyst
17:04 UTC
Downtrend, bounce off lows · RSI 42 · price 61.377
Lower highs and lower lows into session low, minor recovery.
NY session sold silver from near $62 down to a 60.86 session low, RSI(14) recovering to ~42 as buyers stepped in twice around $61. The rally into $63/50-day SMA earlier this week has unwound, and price is now grinding a shallow bounce back toward the 61.72 lower-high.
Support: 61.00, 60.86
Resistance: 61.72
What it said to watch
M15 close above 61.72 breaks the lower-high chain
Failure to hold 61.00 exposes the 60.86 session low
US NFP Fri 12:30 UTC could materially shift this read
17:03 UTC
Downtrend, bouncing off lows · RSI 37 · price 61.377
Lower highs, lower lows into session low.
Silver sold off steadily through the NY session, breaking the 61.70 area and printing a session low at 60.861 as a soft-dollar tone gave way to profit-taking below the $63 cap. Last three M15 bars staged a modest bounce back to 61.377, RSI(14) lifting off oversold but structure still lower-high, lower-low.
Support: 60.861, 60.70
Resistance: 61.70
What it said to watch
M15 close back above 61.70 would break the lower-high chain
Failure to hold 60.861 exposes the 60.70 pivot
US Nonfarm Payrolls Fri 12:30 UTC could materially shift this read
XAG sold off through the NY session, printing a session low at 60.86 before a shallow bounce to 61.17; a soft-dollar backdrop failed to hold silver up after the earlier rejection near $63. Price is pinned below EMA20/50 in a clean lower-high, lower-low chain, RSI(14) at 39 with no divergence yet.
Support: 60.861
Resistance: 61.70
What it said to watch
M15 close back above 61.70 needed to break the descending structure
Loss of 60.86 opens continuation toward $60.70 pivot
US NFP Fri 12:30 UTC is the dominant catalyst and can reset this read
NY session sold XAGUSD hard, breaking the 61.55 swing and 61.00 round level to print a session low at 60.86, with RSI(14) pushing into oversold near 31. Price is stair-stepping lower beneath EMA20/50 after rejection ahead of $63 earlier in the window.
Support: 61.00, 60.861, 60.70
Resistance: 61.55
What it said to watch
M15 close back above 61.55 breaks the lower-high sequence
Failure to hold 60.86 exposes the 60.70 pivot
US NFP Fri 12:30 UTC could materially shift this read
Silver sold off through the NY session after rejection ahead of $63, breaking the 61.39 swing support and printing fresh session lows at 60.861. Price trades below both EMAs with RSI(14) near 31 — hot but not yet extreme.
Support: 60.861, 60.70
Resistance: 61.39
What it said to watch
M15 close back above 61.39 would ease the lower-low read
Failure to hold 60.70 pivot exposes 59.40
US NFP Fri 12:30 UTC is the dominant catalyst for the next legs
NY session extended the slide, XAG breaking the 61.55 swing and grinding to a session low at 60.861 before closing back at the 61.00 round number, RSI(14) near 32. Descending highs cap every bounce and the 60.70 pivot is the next area to watch below.
Support: 61.00, 60.861, 60.70
Resistance: 61.28, 61.55
What it said to watch
Failure to hold 60.70 pivot exposes further downside
M15 close back above 61.28 swing needed to stall the lower-low chain
US Nonfarm Payrolls Fri 12:30 UTC could materially shift this read
NY session sold XAG through the 61.50 range floor to a fresh session low at 60.965, extending the pullback off the $63 rejection. RSI(14) near 32 as price grinds lower under EMA20/50, no sign of a base yet.
Support: 60.965, 60.70
Resistance: 61.70
What it said to watch
Reclaim of 61.70 swing high needed to break the lower-high chain
Failure to hold 60.70 pivot exposes the 59.40 area
US Nonfarm Payrolls Fri 12:30 UTC could materially shift this read
Silver broke down through the London-NY session, printing fresh lows at 60.965 with RSI(14) near 33 but not yet extreme. Steady lower-high, lower-low chain; the $61.70-62.00 zone caps and 60.70 is the near-term pivot ahead of Friday's NFP.
Support: 60.965, 60.70
Resistance: 61.73, 62.00
What it said to watch
US NFP Fri 12:30 UTC could materially shift this read
Failure to hold 60.70 exposes 59.40
Reclaim of 61.73 needed to break the lower-high chain
Silver sold off through the 61.55 swing during NY hours and extended to a fresh session low at 60.97, RSI(14) near 31 but not yet extended. Sellers have held every bounce below 61.79 since the failed push there earlier.
Support: 60.965, 60.70
Resistance: 61.55, 61.79
What it said to watch
M15 close back above 61.55 would break the lower-high chain
Loss of 60.70 opens the path toward the 59.40 downside pivot
US NFP Fri 12:30 UTC is the decisive catalyst and could reset this read; Fed's Musalem 21:30 UTC tonight
Silver in a clean M15 downtrend, breaking the 61.70–62.65 consolidation and printing fresh lows at 60.965 into the NY afternoon after rejection below the 62.65 50-day SMA. RSI(14) near 32 with momentum still building — not yet washed out — and 60.70 support now in focus.
Support: 60.965, 60.70, 59.40
Resistance: 61.55
What it said to watch
M15 close above 61.55 needed to break the lower-high chain
Loss of 60.70 opens the 59.40 pivot
US NFP Fri 12:30 UTC could materially shift this read
XAG has ground lower through the NY session, printing lower highs off 61.79 and pressing session lows near 61.18 into Friday's payroll risk. RSI(14) around 38 — soft but not oversold; the 61.55 swing high caps the retrace attempts.
Support: 61.10, 61.026
Resistance: 61.55, 61.79
What it said to watch
Close below 61.026 swing low confirms continuation lower
Reclaim of 61.55 swing high needed to break the lower-high chain
US Nonfarm Payrolls (Fri 12:30 UTC) is the decisive catalyst and can reset this read
NY session sold silver out of the 61.70–62.65 band, printing a fresh session low at 61.03 before a shallow bounce faded at descending highs. Price hovering just above the 61.10 swing low with RSI(14) near 35 — soft, not yet oversold-extreme.
Support: 61.10, 61.026, 61.00
Resistance: 61.55
What it said to watch
M15 close below 61.03 confirms continuation of the lower-low sequence toward 61.00
Reclaim of 61.55 needed to challenge the descending-highs structure
Fed's Musalem 21:30 UTC could inject volatility ahead of Fri NFP
15:31 UTC
Downtrend, fresh lows · RSI 38 · price 61.272
Lower highs, lower lows into session low.
Silver rejected below $62 and the 50-day zone earlier and has bled lower through the NY session, printing fresh session lows near 61.10 before the current 61.272 print. Chain of lower highs/lower lows intact with RSI(14) around 37; price sits below EMA20 and EMA50.
Support: 61.10, 60.70
Resistance: 61.79
What it said to watch
M15 close back above 61.79 breaks the lower-high chain
Loss of 61.10 opens the path to 60.70
Fed's Musalem 21:30 UTC could inject volatility
NFP Fri 12:30 UTC is the decisive catalyst
15:31 UTC
Downtrend, fresh lows · RSI 39 · price 61.272
Lower highs, lower lows into NY.
Silver has bled lower through the NY session, printing a fresh session low at 61.026 before a shallow bounce faded near 61.79. Price is pinned back at the lows around 61.27 with RSI(14) sub-40, chain of lower highs intact after the stall below the $62.65 50-day SMA.
Support: 61.026, 60.90
Resistance: 61.70
What it said to watch
M15 close back above 61.70 breaks the lower-high chain
Loss of 61.026 opens the path to 60.90 support
US NFP (Fri 12:30 UTC) is the decisive catalyst and can override this read
NY session faded silver off the 62.00 area; a sweep of the 61.03 low was bought back to 61.79 before price rolled over toward the range mid. RSI(14) mid-40s and price below EMA20/50 keep intraday structure heavy after the rejection under 62.00.
Support: 61.10, 60.90
Resistance: 61.79, 62.00
What it said to watch
M15 close above 61.79 session high negates the lower-high sequence
Loss of 61.10 swing low reopens 60.90 support
Fed's Musalem 21:30 UTC could shift the read into NFP
15:16 UTC
Downtrend, lower highs · RSI 44 · price 61.476
Fading after bounce off session low, holding mid-retrace.
NY afternoon: silver swept the session low to 61.03, bounced to 61.79, and has since faded back to 61.48 — sitting near the 0.5 retrace of that bounce. Structure stays a chain of lower highs off the 62.89 spike; RSI(14) mid-range, no extreme.
Support: 61.026
Resistance: 61.789
What it said to watch
M15 close above 61.79 negates the lower-high sequence
Loss of 61.10 confirms continuation toward the 61.03 swing low
Fed's Musalem 21:30 UTC and NFP Fri 12:30 UTC are the decisive catalysts
15:03 UTC
Downtrend, stabilising off lows · RSI 48 · price 61.659
Sold to 61.02 base, bouncing into consolidation.
Silver slid through the NY session to a 61.02 base, then buyers stepped in twice near 61.10 to spark a bounce back above the 61.65 EMA20. Now ranging 61.5-61.7 below the 61.79 swing high after failing to hold earlier gains.
Support: 61.10, 61.02
Resistance: 61.79, 62.00
What it said to watch
M15 close back below 61.02 confirms a fresh lower low
Reclaim of 61.79 swing high would open a run at the 62.00 psych level
US NFP (Fri 12:30 UTC) and Fed's Musalem (21:30 UTC) are the dominant catalysts
15:02 UTC
Downtrend, bounce off lows · RSI 49 · price 61.659
Lower low swept at 61.02, recovering into 61.5-61.7.
NY afternoon swept the session low at 61.02 then recovered ~0.7 to stall around 61.7, silver holding below $62 after being capped near the 50-day SMA. Price now consolidating 61.53-61.79 with RSI(14) back to neutral; move retraced ~40% of the 62.89-61.02 decline.
Support: 61.53, 61.10, 60.70
Resistance: 61.79, 62.00
What it said to watch
M15 close above 61.79 opens the path back to 62.00
Loss of 61.53 re-exposes the 61.10 swing low and 60.70 support
US NFP Fri 12:30 UTC is the dominant catalyst — likely reshapes this read
Lower highs into 61.03 session low, corrective rebound.
Silver ground lower through the NY session from ~62.0 to a session low of 61.03, then bounced ~75 pips into 61.79 before easing back to 61.69. RSI(14) has recovered to mid-range as the two-day rally digests below the 62.00 psych level; price sits just above EMA20 but under EMA50.
Support: 61.03
Resistance: 61.79, 62.00
What it said to watch
M15 close below 61.03 session low resumes the downtrend / confirms lower-low
Reclaim of the 62.00 psych level needed to negate the intraday downtrend
US NFP Fri 12:30 UTC is the dominant catalyst and can reset this read
Lower lows into session low, corrective bounce underway.
NY session pushed silver to a session low at 61.03 before a ~76-pip recovery to 61.79, now easing back to 61.69 as the intraday downtrend pauses. Price reclaimed EMA20 on the bounce but sits below EMA50; RSI(14) has lifted off the oversold flush near 61.00.
Support: 61.026
Resistance: 61.789, 62.00
What it said to watch
M15 close above 61.79 bounce high opens the path toward 62.00 round number
Loss of 61.03 session low resumes the intraday downtrend
US Nonfarm Payrolls Fri 12:30 UTC is the dominant catalyst and could reset this read
14:32 UTC
Downtrend, bounce off lows · RSI 44 · price 61.622
Lower low at 61.03, corrective bounce.
Silver rolled off the $62 area through NY hours, printing a lower low near $61.03 before buyers stepped in twice around 61.10-61.03; price recovered to 61.79 and is now settling ~61.62. Move sits below EMA20/50 with RSI mid-range, no fresh momentum ahead of Friday's NFP.
Support: 61.10, 61.02, 60.70
Resistance: 61.79
What it said to watch
Loss of 61.10 session low exposes 60.70
M15 close above 61.79 bounce high negates the lower-low pressure
US NFP Fri 12:30 UTC is the dominant catalyst and can reset this read
Lower low at 61.02 swept, recovering into consolidation.
NY session swept the lows to 61.02 before a sharp reclaim to 61.79, silver now consolidating around 61.55–61.62 off soft US labour data. Buyers stepped in at the 61.02 flush but price is capped back below the 61.79 swing high.
Support: 61.10, 60.70
Resistance: 61.79, 62.06
What it said to watch
M15 close above 61.79 swing high opens the path to 62.06
Loss of 61.10 session low exposes 60.70 support
US NFP Fri 12:30 UTC is the dominant catalyst and can reset this read
14:17 UTC
Downtrend, bounce off lows · RSI 43 · price 61.532
Lower highs, lows swept then reclaimed.
NY session sold silver from 62.20 down to a session low of 61.03, where buyers stepped in and drove a bounce to 61.79 before settling near 61.53. RSI(14) is recovering off oversold; price holds below EMA20/50 as the intraday sequence of lower highs stays intact.
Support: 61.026
Resistance: 61.789
What it said to watch
M15 close below 61.03 confirms a fresh lower low
Reclaim of the 61.79 bounce high needed to break the lower-high sequence
US NFP Fri 12:30 UTC is the dominant catalyst and can override this read
14:17 UTC
Downtrend, bounce off lows · RSI 42 · price 61.532
Lower highs, sweep of session low then recovery.
NY session flushed to 61.10 before a sharp recovery to 61.79, now settling around 61.53 — silver trimming its two-day squeeze after the sub-63 rejection. Micro-structure stays a downtrend of lower highs; the 61.79 swing high is the immediate cap, sweep low at 61.10 the near-term floor.
Support: 61.10, 60.70
Resistance: 61.79
What it said to watch
M15 close above 61.79 breaks the lower-high sequence
Loss of 61.10 sweep low exposes 60.70 support
Fed's Musalem 21:30 UTC and Friday NFP could reshape this read
M15 sold off through the NY session, sweeping the session low near 61.03 before buyers recovered price to 61.79. It sits back at 61.60 below EMA20/50, RSI(14) near 43 after the bounce; lower-high structure intact.
Support: 61.10, 60.75
Resistance: 61.79
What it said to watch
Reclaim of 61.79 needed to confirm the bounce; failure keeps lower highs intact
Loss of the 61.10 session low exposes 60.75 context support
US NFP Fri 12:30 UTC is the dominant catalyst and could reset this read
NY session drove a sharp sell-off into 61.03 before demand stepped in, snapping price back to 61.79 and now settling near 61.60. RSI(14) recovered off the lows to ~43; the 61.79 bounce high caps and 61.10 marks the session low.
Support: 61.10, 60.70
Resistance: 61.79
What it said to watch
M15 close above 61.79 negates the lower-high sequence
Loss of 61.10 reopens the 60.70 support
US NFP Fri 12:30 UTC is the dominant catalyst and could reset this read
Lower highs into session low, then reversal candle.
NY session bled lower through a chain of lower highs into the 61.03 session low, then a single strong bar swept the lows and reclaimed 61.66. Price is stalling below the 61.79 swing high with RSI recovering from oversold; still capped under 62.00.
Support: 61.026
Resistance: 61.789, 62.00
What it said to watch
Reclaim of 61.79 swing high opens a push toward the 62.00 psych level
Failure to hold 61.03 session low confirms continuation of the intraday downtrend
US NFP Fri 12:30 UTC is the dominant catalyst and can invalidate this intraday read
Lower highs into sweep of session low, sharp reversal off 61.03.
NY-hours selling dragged silver off ~62.00 into a sweep of the session low at 61.026, then a strong reversal bar reclaimed 61.79 before settling at 61.662. Price sits below EMA20/50 with RSI(14) recovering from oversold; the bounce stalled around the 61.8% retrace of the down-leg.
Support: 61.026
Resistance: 61.789, 62.06
What it said to watch
M15 close back above 61.79 extends the bounce toward the 62.06 prior swing
Loss of 61.026 sweep low confirms a fresh lower-low
US NFP Fri 12:30 UTC is the dominant catalyst and could reset this read
13:32 UTC
Downtrend, intraday leg lower · RSI 34 · price 61.37
Lower highs, lower lows off 62.20.
NY session sold silver through the 61.65 swing down to a 61.026 session low, extending the intraday downtrend after the rejection near 62.00. Price bounced to 61.37 with RSI(14) climbing off the low around 34; the descending sequence of lower highs stays intact below 61.65.
Support: 61.026, 60.90
Resistance: 61.65, 62.00
What it said to watch
M15 close back above 61.65 would break the lower-high sequence
Loss of 60.90 exposes the wider 60.70 support
US NFP Fri 12:30 UTC is the dominant catalyst and could reset this read
13:31 UTC
Downtrend, fresh lows · RSI 32 · price 61.37
Lower highs, lower lows; range break lower.
Silver rolled off the 62.00 area through NY hours and broke the 61.65 swing, printing a session low of 61.03 with RSI(14) near 31. A shallow bounce to 61.37 into the close; sellers still in control of the intraday structure.
Support: 61.03, 60.70
Resistance: 61.65, 62.00
What it said to watch
Close below 61.03 exposes 60.70
Reclaim of 61.65 neutralises the lower-low sequence
US NFP Fri 12:30 UTC is the dominant catalyst and can reset this read
NY session drove a breakdown, slicing silver from the 62.00 area through the intraday high band at 61.55 to a session low of 61.10, RSI(14) pressed to oversold near 28. Price left the earlier 61.5–62.2 range and is now probing near-term support around 60.90.
Support: 61.102, 60.90
Resistance: 61.545, 62.00
What it said to watch
Reclaim above 61.55 intraday high would neutralise the breakdown read
Loss of 60.90 support exposes the 60.70 zone flagged as near-term support
Fed's Musalem speaks 21:30 UTC; NFP Friday 12:30 UTC is the dominant catalyst
NY session sold off sharply into 61.10, breaking the prior 61.65 swing floor with RSI(14) near 31 and price well below EMA20/50. The two-day squeeze to ~$63 is unwinding as XAG stalled below the $63 rejection cap; sub-61.10 exposes the 60.90 zone into NFP.
Support: 61.10, 60.90
Resistance: 61.65
What it said to watch
M15 close back above 61.65 would repair the lower-high structure
Loss of 61.10 session low opens the 60.90 support area
US Nonfarm Payrolls Fri 12:30 UTC is the dominant catalyst and can override this read
Silver bled lower through NY hours, breaking the prior range base and printing a fresh session low at 61.21 before a low-volume bounce to 61.393. Price sits below EMA20/50 with RSI(14) near 37 — momentum down but not yet stretched — as the market consolidates well below the $63 rejection cap into Friday's NFP.
Support: 61.21, 61.00
Resistance: 61.65
What it said to watch
Reclaim of 61.65 would break the lower-high chain and stall the slide
Loss of 61.21 opens the path to the 61.00 psych level
US NFP Fri 12:30 UTC is the dominant catalyst and can reset this read
NY session pressed silver to fresh session lows at 61.21, breaking below the 61.70-62.00 balance that held through London. Price sits below EMA20/50 with a clean lower-high chain from 62.20; the soft dollar backdrop hasn't stopped the intraday roll-off from ~$62.
Support: 61.21, 60.90
Resistance: 61.80, 62.20
What it said to watch
Loss of 61.21 exposes the 60.90 support zone
M15 close back above 61.80 would break the lower-high sequence
US NFP Fri 12:30 UTC is the dominant catalyst for the next session
12:47 UTC
Downtrend, lower highs · RSI 42 · price 61.632
Descending, lower highs and lows.
Silver drifted off the 62.20 session high through NY hours, printing a chain of lower highs and rejecting at 61.80 into the last few bars. Price now sits at 61.63 above the 61.47 session low, RSI(14) mid-40s and price under both EMAs; the two-day squeeze toward $63 is unwinding.
Support: 61.472
Resistance: 61.802, 62.196
What it said to watch
M15 close below 61.472 confirms a fresh lower-low
Reclaim of 61.80 swing high negates the lower-high sequence
US NFP Fri 12:30 UTC is the dominant catalyst and could reset this read
12:46 UTC
Downtrend, drifting lower · RSI 41 · price 61.632
Lower highs, lower lows off 62.20.
Silver rolled off the 62.20 swing and printed a fresh session low at 61.472, now hovering ~61.63 within a shallow descending channel as the two-day rally consolidates below $63. RSI(14) near 41, no oversold stretch; supply capping each bounce around 61.80.
Support: 61.472
Resistance: 61.80
What it said to watch
M15 close back above 61.80 breaks the lower-high chain
Loss of 61.472 extends the intraday leg toward the 60.70 pivot
US Nonfarm Payrolls Fri 12:30 UTC could override this intraday read
12:32 UTC
Downtrend, drifting into NFP · RSI 41 · price 61.711
Lower highs, lower lows since midday.
NY session grinding lower after the $63 rejection, price slipping to 61.71 with a fresh session low tapped at 61.472. Rejections capping each bounce near 61.80, RSI(14) mid-40s — no oversold signal yet as XAG consolidates its two-day rally ahead of Friday's NFP.
Support: 61.472
Resistance: 61.802
What it said to watch
M15 close back above 61.80 breaks the lower-high chain
Loss of 61.472 session low confirms continuation lower toward 61.00
NFP Fri 12:30 UTC could materially shift this read
NY session extends the drift lower off the $62.90 peak, printing a chain of lower highs into a session low at 61.472 before a modest bounce to 61.71. RSI(14) mid-40s, price capped under EMA20/50 — no reversal signal yet, just consolidation ahead of tomorrow's NFP.
Support: 61.472, 60.70
Resistance: 61.802
What it said to watch
Reclaim of 61.802 swing high would break the lower-high sequence
Loss of 61.472 session low confirms continuation toward the 60.70 pivot
NFP Fri 12:30 UTC will override this intraday read
Silver has ground lower through the London-NY transition, chaining lower highs from 62.20 down to a session low of 61.51, which was swept on the last bar before a small close back to 61.57. RSI(14) near 37 and price under both EMAs; move fits the post-$63 consolidation the market is running into NFP.
Support: 61.512, 60.70
Resistance: 61.80, 62.20
What it said to watch
M15 close above 61.80 breaks the lower-high chain
Loss of 61.51 session low exposes the 60.70 bull pivot
NFP Fri 12:30 UTC is the decisive catalyst and could reset this read
XAGUSD is grinding lower off the $62.9 rejection, printing a fresh session low at 61.51 before a shallow bounce to 61.57; RSI(14) near 37, not yet oversold. Price sits below EMA20/50 with lower highs intact into the NY session.
Support: 61.51, 60.70
Resistance: 61.80, 62.89
What it said to watch
US Jobless Claims 12:30 UTC could jolt this read
Break below 61.51 exposes the 60.70 pivot
Reclaim of 61.80 needed to break the lower-high chain
12:02 UTC
Pullback from highs, consolidating · RSI 45 · price 61.784
Lower highs off 62.90, ranging near 61.70.
Silver stalled at the 62.90 rejection and has drifted into a tight consolidation around 61.70, printing lower highs through the NY session. Price sits just below EMA20/EMA50 with RSI mid-40s — no momentum extreme, range top at 61.90 still capping.
Support: 61.68, 61.535, 60.70
Resistance: 61.90, 62.06
What it said to watch
M15 close above 61.90 opens the path to 62.06 swing high
Loss of 61.535 swing low exposes the 60.70 pivot
NFP Fri 12:30 UTC could materially shift this read
12:02 UTC
Downtrend, grinding into lows · RSI 43 · price 61.784
Lower highs, consolidating near session low.
Silver drifted off the 62.88 rejection through NY hours and is consolidating near the 61.58 swing low, price pinned below EMA20/50 with RSI(14) mid-40s. Lower highs into 61.90 keep the pullback intact; the two-day rally's cap at 62.20/62.88 remains untested since.
Support: 61.58, 61.53
Resistance: 61.90, 62.20, 62.88
What it said to watch
M15 close above 61.90 breaks the lower-high chain
Loss of 61.53 session low exposes the 60.70 pivot
NFP Fri 12:30 UTC could override this intraday read
Silver's two-day rally stalled at 62.9 and has drifted lower through the London session, printing lower highs into 61.67 near the session low at 61.53. RSI(14) mid-range at ~41; move is corrective after the $63 rejection flagged in the macro read.
Support: 61.53, 60.70
Resistance: 62.06
What it said to watch
M15 close below 61.53 confirms a lower low, exposing the 60.70 pivot
Reclaim of 62.06 swing high negates the drift lower
NFP Fri 12:30 UTC could materially shift this read
Lower highs since $63 rejection, grinding toward session low.
Silver has bled lower through the NY session after the $63.00 rejection, printing a chain of lower highs and now testing the 61.58 swing low with RSI(14) cooling near 42. Two-day rally is consolidating; price sits below EMA20/50 as buyers fail to reclaim 61.95.
Support: 61.58, 61.00, 60.70
Resistance: 61.95, 62.53, 63.00
What it said to watch
M15 close below 61.58 confirms a lower low and exposes 61.00 / 60.70 pivot
Reclaim of 61.95 needed to challenge the 62.53 session high
NFP Fri 12:30 UTC (f/c 80K) could materially shift this read
Silver stalled at the 62.65/63.00 rejection ceiling and has bled lower through NY hours, printing lower highs and now grinding into 61.58 swing low support. Price trades below EMA20 and EMA50 on this TF with RSI(14) mid-40s — pullback within the broader two-day rally.
Support: 61.58, 61.53
Resistance: 61.95, 62.20, 62.65
What it said to watch
M15 close below 61.53 session low confirms a lower-low toward 61.40
Reclaim of 61.95 recent high needed to challenge the 62.20 prior high
NFP Fri 12:30 UTC could materially shift this read
XAGUSD stalled at the $62 area after the two-day rally toward $63 and has drifted back to 61.77, printing lower highs through the London session. Sellers capped the 62.06-62.20 zone while 61.53-61.58 holds as the session floor; RSI(14) mid-40s, no extreme in play.
Support: 61.58, 61.53, 60.70
Resistance: 62.06, 62.20, 62.65
What it said to watch
M15 close below 61.53 confirms a lower-low and exposes 60.70
Reclaim of 62.06 neutralises the intraday pullback read
US Initial Jobless Claims 12:30 UTC (~1h) could jolt this range
NFP Fri 12:30 UTC is the dominant catalyst into the weekly $62.65/$63 cap
11:16 UTC
Pullback within consolidation · RSI 43 · price 61.745
Lower highs since $62.9 rejection, drifting toward range base.
Silver's two-day rally stalled below $63 and has drifted lower through London hours, now consolidating near 61.75 after the earlier 62.887 rejection. RSI(14) mid-40s and price sits under both EMAs, hovering around the 61.78 fib retrace of the up-move; session low at 61.535 is the near-term floor.
Support: 61.535, 61.70
Resistance: 62.196, 62.75
What it said to watch
Loss of 61.535 confirms a lower-low and exposes the $60.70 pivot
M15 close back above 62.196 revives the upside toward session high 62.75
US Jobless Claims 12:30 UTC and NFP Fri 12:30 UTC could materially shift this read
11:16 UTC
Downtrend off the peak, consolidating · RSI 44 · price 61.745
Lower highs since 62.89, near session lows.
Silver rejected the $63 area yesterday and has drifted to session lows near 61.70, printing lower highs off the 62.89 peak. RSI(14) mid-40s, ATR ~150 pips; price sits on the deep retrace of the earlier rally and is consolidating above 61.53 with the descending highs capping at 62.06.
Support: 61.70, 61.535, 61.10
Resistance: 62.06
What it said to watch
Loss of 61.53 confirms a lower low, exposing 61.10
Reclaim of 62.06 needed to break the descending highs
US Initial Jobless Claims 12:30 UTC could move silver
11:02 UTC
Mild downtrend within range · RSI 44 · price 61.766
Lower highs since $63 rejection, drifting into session lows.
XAGUSD is grinding out lower highs below 62.06 after the earlier $63 rejection, easing to 61.766 with price under both EMA20 and EMA50. RSI(14) sits mid-40s, neutral; the session low at 61.70 is being pressed after the NY-hours drift lower.
Support: 61.70, 61.535
Resistance: 62.06
What it said to watch
M15 close below 61.70 exposes the 61.535 swing low
Reclaim of 62.06 recent high negates the lower-highs read
NFP Fri 12:30 UTC could materially shift this read
11:02 UTC
Pullback off NY high, lower highs · RSI 43 · price 61.766
Drifting down after 62.89 rejection, sitting on session low.
Silver rejected 62.89 during NY hours and has bled back through the London session in a chain of lower highs, now pinned on the 61.70 session low with RSI(14) mid-40s. Reclaim of 62.06 is needed to stall the down-drift; loss of 61.535 opens the 61.07 range low.
Support: 61.70, 61.535, 61.073
Resistance: 62.06
What it said to watch
Break below 61.535 confirms a lower low, exposes 61.07
Reclaim of 62.06 needed to negate the down-drift
US jobless claims 12:30 UTC could inject volatility as an NFP pre-read
10:46 UTC
Up over session, rolling over · RSI 43 · price 61.738
Lower highs, testing 61.70 support.
Silver rallied to a one-month high at 62.89 after this week's ADP miss, then rolled over; the last ~8h prints a chain of lower highs into 61.70, which held twice. RSI(14) mid-40s with no extreme, drifting into the lower half of the day's range ahead of US Jobless Claims.
Support: 61.70, 61.53
Resistance: 62.20
What it said to watch
M15 close below 61.70 confirms a lower low toward 61.53
Silver rolled over from the 62.20 area during NY hours and is drifting back toward session lows near 61.70, with the move capped well below the 50-day SMA (~62.65). RSI(14) has cooled to the low-40s as the earlier 62.89 spike faded; price now grinds a tight lower-high sequence.
Support: 61.70, 61.535
Resistance: 62.06, 62.20
What it said to watch
M15 close below 61.535 confirms a lower low and opens 60.90
Reclaim of 62.06 needed to negate the drift lower
US NFP Fri 12:30 UTC could materially shift this read
10:32 UTC
Pullback within intraday range · RSI 46 · price 61.843
Ranging below prior session high after rejection near 62.65.
Silver spiked to 62.74 during the London session then faded, now consolidating around 61.84 below both EMAs. RSI(14) neutral near 46; price is holding a shallow rising support off the 61.53 session low while 62.06/62.20 caps rallies.
Support: 61.72, 61.535
Resistance: 62.06, 62.20, 62.65
What it said to watch
M15 close below 61.72 opens the path back to the 61.53 session low
Reclaim of 62.20 range top would re-engage the 62.65 50-day sma
US Initial Jobless Claims 12:30 UTC could shift this read ahead of tomorrow's NFP
10:31 UTC
Off the highs, drifting sideways · RSI 44 · price 61.843
Consolidation after pullback from 62.89 high.
Silver ran to 62.89 on the soft ADP miss then faded, and is now consolidating in the 61.72–62.20 band with price hugging the lower half. RSI(14) mid-range near 44 as momentum flattens ahead of NFP.
Support: 61.724, 61.535
Resistance: 62.196, 62.65
What it said to watch
M15 close above 62.20 reopens the 62.65 50d SMA area
Loss of 61.72 exposes the 61.54 session low
US NFP Fri 12:30 UTC + today's jobless claims can override this range read
10:16 UTC
Pulling back off session high · RSI 42 · price 61.736
Lower highs from 62.88 peak.
Silver rejected the 62.88 NY-session high and has bled lower into 61.74, printing lower highs after being capped near the 50-day SMA (~62.65). Price now sits just above the 61.53 session low with RSI(14) cooling to the low 40s.
Support: 61.535, 61.20
Resistance: 62.00, 62.65
What it said to watch
M15 close below 61.53 confirms a lower-low, exposing 61.20
Reclaim of 62.00 neutralises the lower-high sequence
US NFP Fri 12:30 UTC could materially shift this read
10:16 UTC
Pullback, momentum fading · RSI 42 · price 61.736
Lower highs off session peak.
Silver ran to a session high of 62.89 during the soft-ADP-driven repricing, then faded and is now drifting into 61.74 under a string of lower highs. Price sits below EMA20/50 with RSI(14) mid-40s; sellers capping each bounce toward 62.00.
Support: 61.57, 61.20
Resistance: 62.00
What it said to watch
M15 close below 61.57 confirms a lower low and opens 61.20
Reclaim of 62.00 negates the intraday pullback read
US Initial Jobless Claims 12:30 UTC could shift this read ahead of Friday NFP
Silver spiked to 62.89 mid-window then got rejected below the 50-day SMA near 62.65, unwinding into a 61.5–62.2 range. Price is now mid-range at 61.84 with RSI(14) neutral around 47 as the market drifts into pre-NFP consolidation.
Support: 61.54, 61.20
Resistance: 62.20, 62.65
What it said to watch
M15 close above 62.65 (50-day sma) reopens the highs
Loss of 61.54 swing low confirms a lower-low toward 61.20
US NFP Fri 12:30 UTC could materially shift this read
09:47 UTC
Pullback within intraday range · RSI 47 · price 61.833
Consolidating below $62.00 after rejection at 62.20.
Silver stalled at the 62.20 session high during London hours and has pulled back into the 61.74–62.00 band, RSI(14) neutral near 46. The $61.90–62.00 cap flagged in the digest continues to hold; price is grinding sideways below it ahead of US data.
Support: 61.74, 61.535
Resistance: 62.00, 62.20, 62.65
What it said to watch
M15 close above 62.20 reopens the path to the 50-day sma ~62.65
Loss of 61.74 exposes the 61.535 swing low
US Initial Jobless Claims at 12:30 UTC could shift this read
NFP Fri 07 Aug 12:30 UTC is the decisive catalyst
09:46 UTC
Range, momentum flat · RSI 47 · price 61.833
Consolidating below 62.20 cap after failed push to session high.
XAGUSD is chopping in a 61.54–62.20 range after the spike to 62.89 was sold, upside repeatedly capped around the 62.00–62.20 zone flagged post-ADP miss. Price sits at 61.83 mid-range with RSI(14) neutral near 46 and price under both EMA20 and EMA50; no clean intraday setup in play.
Support: 61.70, 61.54
Resistance: 62.20, 62.75
What it said to watch
M15 close above 62.20 invalidates the range read and re-tests the 62.75 session high
Failure to hold 61.70 opens the 61.54 session low
NFP Fri 12:30 UTC is the decisive catalyst and could break this range either way
09:32 UTC
Recovery, capped at 62.00 · RSI 53 · price 61.995
Ranging below session high.
Silver spiked to 62.887 then rejected hard, unwinding into a 61.53–62.20 range during London hours; price now presses the $62.00 cap flagged in the broader read. RSI(14) mid-range near 53, no momentum extreme in play.
Support: 61.535
Resistance: 62.196, 62.65
What it said to watch
M15 close above 62.20 opens the path to the 50-sma cap ~62.65
Failure to hold 61.53 confirms a lower-low
US Initial Jobless Claims 12:30 UTC could shift this read
09:31 UTC
Sideways after four-day rally · RSI 51 · price 61.995
Consolidating below 62.00 cap.
Silver is coiling in the 61.54–62.20 band during the London-NY session after the four-day run stalled at the 62.65 50-day SMA. RSI(14) sits neutral near 51 with price pinned to the 62.00 cap; no clean intraday setup in play.
Support: 61.54
Resistance: 62.20, 62.65
What it said to watch
M15 close above 62.65 opens the path back to the session highs
Failure to hold 61.54 confirms a lower-low
Initial Jobless Claims at 12:30 UTC could shift this read; NFP Friday is the decisive catalyst
09:17 UTC
Range after intraday rally, momentum flat · RSI 49 · price 61.953
Silver spiked to 62.89 then faded, now ranging 61.55–62.20 with RSI(14) neutral near 49; the $62.65 50-day SMA cluster capped the earlier push. Price is pinned around 61.95 into the London session, holding above intraday support but stalling under the 62.00 handle.
Support: 61.55, 61.10
Resistance: 62.20, 62.65
What it said to watch
M15 close above 62.20 puts the 62.65 50d sma cap back in play
Loss of 61.55 swing low opens the path toward 61.10 prior low
US Initial Jobless Claims 12:30 UTC and NFP Friday could reset this range
09:16 UTC
Range, capped below 62.65 · RSI 52 · price 61.953
Ranging with higher lows off 61.53.
Silver is ranging roughly 61.53–62.20, capped repeatedly at the 61.90–62.00 zone and the 50-day SMA near 62.65 after the four-day rally on soft US jobs data. Buyers stepped in at 61.53 and again at 61.74, building higher lows, but the 62.196 session high was rejected on the last full bar with RSI hovering near 52.
Support: 61.736, 61.535
Resistance: 62.196, 62.65
What it said to watch
M15 close above 62.20 reopens the path to the 62.65 cap
Loss of 61.53 breaks the higher-low chain
US Jobless Claims 12:30 UTC and NFP Friday could shift this read
09:03 UTC
Recovery within broader range · RSI 57 · price 62.076
Higher lows off 61.53, capped under 62.20.
Silver is grinding back to 62.08 after the ADP-miss rally stalled at 62.89 and pulled to 61.53; a chain of higher lows through the London session has price retesting the 61.90-62.20 cap. RSI(14) mid-range at 57, no extreme in play.
Support: 61.90, 61.74, 61.53
Resistance: 62.20, 62.36
What it said to watch
M15 close above 62.20 exposes 62.36 swing high
Loss of 61.74 higher low reopens 61.53 swing low
US jobless claims 12:30 UTC could break the range read
Silver bounced from the 61.535 session low back to 62.08, reclaiming EMA20/50 but stalling under the 62.20 recent cap. Price is grinding higher lows within the broader 61.90-62.65 band that has repeatedly capped this month's rally, RSI(14) neutral near 55.
Support: 61.90, 61.535
Resistance: 62.20, 62.65
What it said to watch
M15 close above 62.20 opens the 62.65 50-day sma cap
Failure to hold 61.90 exposes the 61.535 session low
US Initial Jobless Claims at 12:30 UTC could shift this read
Consolidation below 62.00 cap after rejection at 62.89.
Silver spiked to $62.89 then rejected the $61.90-62.00 cap flagged as resistance, and has since bled back to 61.85, sitting just under EMA20. RSI(14) neutral near 46 with price building shallow higher lows off 61.53 through the London morning; still range-bound below 62.00.
Support: 61.53
Resistance: 62.00, 62.65
What it said to watch
M15 close above 62.00 reopens the 62.65 50-day sma area
Failure to hold 61.53 swing low confirms a lower low
US Jobless Claims 12:30 UTC and NFP tomorrow could reset this range
08:46 UTC
Pullback from highs, ranging · RSI 51 · price 61.852
Range after rejection near 62.90.
Silver spiked to 62.90 during the NY session then rejected hard, unwinding to a 61.53 swing low before stabilising. Price now chops between 61.53 and 62.00 through the London session, RSI(14) neutral near 51 and sitting just under EMA20.
Support: 61.53
Resistance: 62.00, 62.20
What it said to watch
M15 close above 62.00 psych cap reopens the 62.20 session high
Loss of 61.53 swing low confirms a lower-low
US Initial Jobless Claims 12:30 UTC could shift this read
Consolidating below session highs after rejection.
Silver spiked to 62.89 then reversed, extending the soft-ADP-driven rally cap at the 50-day SMA ~62.65. Price now grinds inside 61.53–62.13, holding below EMA20/50 with RSI(14) flat near 46 — no clean intraday setup in play.
Support: 61.535, 61.196
Resistance: 62.13, 62.65
What it said to watch
M15 close above 62.13 reopens the 62.65 cap
Failure to hold 61.53 confirms a lower low toward 61.20
US Initial Jobless Claims 12:30 UTC could shift this read
08:31 UTC
Range after pullback from highs · RSI 49 · price 61.896
Consolidating 61.53–62.17 below cap.
Silver rejected the 62.887 spike high during NY hours and has since drifted into a 61.53–62.17 range, capped repeatedly at the 61.90–62.00 zone flagged by the digest. Price sits mid-range at 61.896 with RSI(14) neutral near 49 — no directional structure in play into the London session.
Support: 61.53, 61.20
Resistance: 62.00, 62.17, 62.65
What it said to watch
M15 close above 62.17 puts the 62.65 50d sma cap back in focus
Failure to hold 61.53 confirms a lower-low and opens 61.20
US Jobless Claims 12:30 UTC and NFP tomorrow could shift this read
08:17 UTC
Pullback stabilising after sell-off · RSI 49 · price 61.933
Recovery off 61.53 session low, capped near 62.00.
Silver faded from the 62.89 spike high back to a 61.53 session low, then clawed back to 61.93 with the 62.00 psych level repeatedly capping. Price is coiling below EMA20/50 near the 61.90-62.00 cap flagged in the macro read; RSI(14) neutral around 49.
Support: 61.53
Resistance: 62.00, 62.20
What it said to watch
M15 close above 62.00 opens the path to 62.20
Failure to hold 61.53 confirms a lower-low
NFP Fri 12:30 UTC could materially shift this read
Silver spiked to 62.89 then rejected at the 50-day SMA cluster near 62.65, unwinding to the low-61.60s during London hours before stabilising around 61.93. Now ranging under the 62.00 cap, RSI(14) neutral near 51 after the intraday cooldown.
Support: 61.60, 61.20
Resistance: 62.00, 62.65
What it said to watch
M15 close above 62.00 reopens the 62.65 cap test
Failure to hold 61.60 confirms a lower-low toward the 61.20 session low
US Jobless Claims 12:30 UTC (~4h) could shift this read
Silver rallied to a one-month high near 62.89 on the soft US data (ADP 44K) before rejecting, and has since ground out lower highs, slipping back under 62.00. Buyers stepped in twice around 61.53 during the current session; price is chopping mid-range below EMA20/50 into NFP.
Support: 61.535, 61.10
Resistance: 62.00, 62.65
What it said to watch
Reclaim of 62.00 needed to challenge the 50-day sma at 62.65
Failure to hold 61.53 swing low opens the session low near 61.10
NFP Fri 12:30 GMT is the decisive catalyst — will override this intraday read
Silver rejected the 62.89 session high and unwound to 61.54, stacking lower highs through the Asia transition after the dovish ADP-driven rally stalled. Bounce off 61.54 is capped below 62.00 with RSI(14) mid-40s.
Support: 61.535
Resistance: 62.00, 62.89
What it said to watch
M15 close above 62.00 breaks the lower-high sequence
Loss of 61.54 session low confirms continuation lower
NFP Fri 12:30 GMT is the decisive catalyst for this read
07:47 UTC
Intraday downtrend after spike top · RSI 40 · price 61.703
Lower highs since 62.88, grinding into support.
Silver rolled over from the 62.88 spike capped near the 50-day SMA (~62.65) and is grinding lower through NY hours, printing lower highs with RSI cooling toward 40. Now near 61.70, sitting just above the 61.535 swing low after a deep retrace of the earlier rally.
Support: 61.535
Resistance: 62.00, 62.65
What it said to watch
M15 close below 61.535 confirms a lower low
Reclaim of 62.00 negates the pullback read
US Initial Jobless Claims 12:30 GMT and NFP tomorrow could shift this read
Silver is unwinding Wednesday's ADP-driven surge, stalling below the 50-day SMA (~62.65) and printing lower highs through the London session down to 61.53. Price now hovers near the 0.618 retrace of the 61.07-62.89 rally, RSI(14) cooling toward mid-40s.
Support: 61.535, 61.20
Resistance: 61.92
What it said to watch
M15 close below 61.535 confirms a lower low toward 61.20
Reclaim of 61.92 negates the lower-high sequence
US Jobless Claims 12:30 GMT and NFP Fri could shift this read sharply
07:32 UTC
Pullback within uptrend · RSI 45 · price 61.836
Lower highs off 62.89, holding above 61.53.
Silver faded from the 62.89 session high after stalling near the 50-day cap, printing lower highs through London. A sweep of 61.53 drew a bounce back to 61.84, but price sits below EMA20/50 with RSI(14) mid-range.
Support: 61.535, 61.10
Resistance: 62.00
What it said to watch
Reclaim of the 62.0 psych level would neutralise the pullback read
Loss of 61.53 session low confirms a lower-low toward 61.1
US Jobless Claims 12:30 GMT and NFP Fri could shift this read sharply
07:31 UTC
Pullback within intraday range · RSI 46 · price 61.836
Lower highs off 62.89 spike, holding above 61.53.
Silver spiked to 62.89 during the prior NY session on the soft ADP print, then bled back through Asia to a 61.53 low before bouncing to 61.83. Price is mid-range below EMA20/50, RSI(14) neutral near 46 — no directional setup, capped under 62.13.
Support: 61.535, 61.10
Resistance: 62.126, 62.526
What it said to watch
M15 close above 62.13 reopens the 62.52 session high
Loss of 61.53 swing low confirms a lower-low toward 61.10
US Initial Jobless Claims 12:30 UTC could inject volatility ahead of Friday NFP
07:17 UTC
Pullback after rejection at session high · RSI 44 · price 61.817
Lower highs since 62.89, testing range mid.
Silver rejected the session high at 62.89 and has bled back to 61.8, printing lower highs into the London morning after the soft ADP-driven rally stalled at the 50-day SMA near 62.65. Price now sits below EMA20/50 with RSI cooling to the low-40s; 61.53 session low is the pivot buyers defended.
Support: 61.535, 61.196
Resistance: 62.36, 62.65
What it said to watch
M15 close below 61.53 confirms a lower low toward 61.20
Reclaim of 62.36 supply needed to re-open the 62.65 area
Initial Jobless Claims 12:30 GMT could move this read
NFP Fri 12:30 GMT is the main risk event
07:16 UTC
Pullback off intraday high · RSI 44 · price 61.817
Lower highs since 62.89 peak.
Silver's NY-session run to 62.89 (on soft ADP/JOLTS and a weaker dollar) has faded, with lower highs printing and price now retracing toward the 61.535 session low. RSI(14) sits mid-range near 44 as the move off 61.07 unwinds; the 50-day SMA at ~62.65 continues to cap.
Support: 61.535, 61.44, 61.073
Resistance: 62.17, 62.52, 62.65
What it said to watch
Close below 61.535 confirms a lower low and extends the pullback toward 61.44
Reclaim of 62.17 needed to re-engage the 62.52 swing high
Initial Jobless Claims 12:30 GMT could inject volatility into this read
Silver rolled over from 62.17 during the London session, printing lower highs and slicing to a 61.535 low before a shallow bounce to 61.634. Price trades below EMA20/50 with RSI(14) near 40 — the ~10% rebound off the week's low is cooling ahead of NFP.
Support: 61.535, 61.20
Resistance: 62.17, 61.95
What it said to watch
M15 close below 61.535 confirms a lower low and opens 61.20
Reclaim of 61.95 (EMA20) needed to stall the pullback
US Initial Jobless Claims 12:30 UTC could shift this read; NFP Fri 12:30 UTC is the main risk
Silver rolled over from the 62.53 session high into a chain of lower highs, breaking below 62.00 during the London morning and pressing the 61.535 session low. RSI(14) near 39 with price under both EMAs; sellers capping each bounce into the descending trendline.
Support: 61.535, 61.20
Resistance: 61.95, 62.53
What it said to watch
M15 close below 61.535 confirms a lower low toward 61.20 swing low
Reclaim of 62.00 negates the downside break
US Jobless Claims at 12:30 UTC could move this read ahead of Friday NFP
Silver rejected the 62.65 50-day cap after the ADP-driven pop and has bled back to 61.70, printing lower highs through the Asian session. Sellers pressed a session low at 61.535; RSI(14) mid-40s, no oversold reset yet.
Support: 61.535, 61.20
Resistance: 62.13, 62.65
What it said to watch
Break below 61.535 confirms a lower low toward 61.20
Reclaim of 62.13 negates the pullback read
NFP Fri 12:30 UTC is the dominant catalyst and can override this structure
06:47 UTC
Pullback from highs, momentum down · RSI 43 · price 61.704
Breakdown from 62.0-62.2 consolidation.
XAGUSD spiked toward $62.65 on the soft ADP print then rolled over; London hours delivered a breakdown from the 62.0-62.2 consolidation to a session low at 61.535 before the bounce to 61.70. RSI(14) mid-40s with price back below EMA20 — the intraday bid has faded.
Support: 61.535, 61.10
Resistance: 62.17, 62.65
What it said to watch
M15 close back above 62.17 negates the pullback read
Loss of 61.535 opens 61.10
US Initial Jobless Claims 12:30 UTC (~6h out) could shift this read
Silver spiked to 62.89 on the soft-ADP metals bid then rejected back below the 50-day SMA near 62.65, sliding to 61.808. Price now sits below EMA20/50 with RSI(14) cooling to the mid-40s; sellers pressed the 61.567 session low before a bounce faded.
Support: 61.567
Resistance: 62.173, 62.65
What it said to watch
M15 close below 61.567 confirms a lower low
Reclaim of 62.173 reopens the 62.65 cap
NFP Fri 12:30 UTC is the dominant catalyst
06:31 UTC
Pullback after uptrend stalled · RSI 44 · price 61.808
Rolling off session high, ranging 61.57–62.20.
Silver's ADP-driven pop stalled into the 50-day SMA cap near 62.65 (session high 62.887) and has since faded, now trading back at the 61.80 round level with RSI mid-range. Price is consolidating below EMA20/50 after failing to hold the 62.17 swing area.
Support: 61.807, 61.567
Resistance: 62.173, 62.65
What it said to watch
M15 close back above 62.20 reopens the 62.65 cap
Failure to hold 61.57 confirms a lower low
NFP Fri 12:30 UTC is the dominant catalyst and can override this read
Range-bound after rally, lower highs into pullback.
Silver ripped to a one-month high near 62.89 during the prior NY session on the soft ADP print, then stalled and rolled over below the 50-day SMA cap at 62.65. Now consolidating in the low-62s, pulling back to 61.90 after a probe of 61.57; RSI(14) neutral around 48 with price back under EMA20/50.
Support: 61.567, 61.10
Resistance: 62.526, 62.74, 62.65
What it said to watch
M15 close below 61.57 confirms a lower low and opens 61.10
Close above 62.53 reopens the session high at 62.74
NFP Fri 12:30 UTC is the dominant catalyst and could reset this read
06:17 UTC
Uptrend stalling, pulling back · RSI 44 · price 61.906
Consolidation below session high after impulsive rally.
Silver rallied over 4% to a session high of 62.887 on the soft ADP print, then stalled and has been consolidating between roughly 61.8 and 62.5. Price is now sitting near the 50% retrace of that rally at 61.90, back below EMA20 with RSI(14) cooled to the mid-40s.
Support: 61.807, 61.567
Resistance: 62.50, 62.887
What it said to watch
Loss of 61.807 opens the path back toward the 61.567 session low
A close back above 62.5 puts the 62.887 session high in play
NFP Fri 12:30 UTC is the dominant catalyst and could reset this range
06:02 UTC
Uptrend stalling, now ranging · RSI 49 · price 62.024
Consolidation below the 62.65 cap after impulsive rally.
Silver ripped from 60.74 to a 62.89 high on the soft ADP print, then rejected at the 50-day SMA near 62.65 and has drifted into a 61.80–62.52 range. Price is chopping around EMA20/50 at 62.02, RSI(14) neutral near 48 with the last dip to 61.807 quickly bought back.
Support: 61.807
Resistance: 62.52, 62.65, 62.89
What it said to watch
Nonfarm Payrolls Fri 12:30 UTC is the dominant catalyst and can break this range either way
A close above 62.65 opens the path back toward the 62.89 swept high
Failure to hold 61.807 confirms a lower low within the range
06:02 UTC
Consolidating after impulsive rally · RSI 49 · price 62.024
Silver consolidating around 62.00 after the ADP-driven spike to a session high of 62.887, which was rejected below the 50d cap at 62.65. A dip to 61.567 was bought back into the 62.10-62.17 zone; price now coiling mid-range with RSI near neutral.
Support: 61.567
Resistance: 62.173, 62.65
What it said to watch
NFP Fri 12:30 UTC is the dominant catalyst and could break this range either way
M15 close above 62.65 (50d cap) opens the path toward the 62.887 session high
Failure to hold 61.567 (session low) confirms a lower low
05:46 UTC
Intraday uptrend fading, pullback in play · RSI 46 · price 61.961
Rejected below session high, consolidating under EMAs.
Silver ripped +4% on the soft ADP print to a session high near 62.89, then faded through the NY session and swept 61.57 before stabilising around 61.96, now trading below EMA20/50. RSI(14) mid-range after the earlier overbought stretch; the 50-day SMA at 62.65 remains the cap on the rally.
Support: 61.807, 61.567
Resistance: 62.13, 62.65
What it said to watch
M15 close back above 62.13 reopens the path toward the 62.65 50-day sma
Failure to hold 61.807 exposes the 61.567 spike low
NFP Fri 12:30 UTC is the dominant catalyst and could override this read
05:46 UTC
Pullback off intraday high · RSI 44 · price 61.961
Lower high, swing low swept.
Silver rejected the 62.5 range top and 50-day SMA cap at 62.65, sliding to sweep 61.567 before buyers stepped in near 61.95. RSI(14) around 43 as the metal cools from its one-month high after the soft ADP-driven rally.
Support: 61.567, 60.90
Resistance: 62.526, 62.65
What it said to watch
Reclaim of 62.526 range top reopens the 50d SMA cap at 62.65
Loss of 61.567 session low confirms a lower low toward 60.90
NFP Fri 12:30 UTC is the dominant catalyst and can reset this read
Silver rallied to a one-month high near 62.89 through the NY session on soft ADP, capped below the 50-day SMA at 62.65. The Asian session has faded the move: price broke down from the 62.0-62.5 consolidation, last bar printing 61.567 with RSI(14) cooling to ~40.
Support: 61.567, 61.196
Resistance: 62.05, 62.65, 62.887
What it said to watch
M15 close back above 62.05 negates the breakdown read
Failure to hold 61.567 opens the 61.196 swing low
NFP Fri 12:30 UTC is the dominant catalyst and could reset this read
05:32 UTC
Uptrend stalling, pulling back · RSI 42 · price 61.695
NY range broken to the downside.
Silver ripped +4% to a one-month high near 62.89 on soft US ADP but stalled below the 50-day cap at 62.65, then chopped in a 62.0–62.5 range through NY. Late-session sellers broke the 62.0 range floor, printing 61.695 with RSI(14) cooling to the low-40s.
Support: 61.567, 61.436
Resistance: 62.50, 62.65
What it said to watch
Close back above 62.0 negates the range break
Failure to hold 61.567 confirms a lower low toward 61.44
NFP Fri 12:30 UTC (f/c 80K) is the dominant catalyst
Silver ran +4% off 60.65 to a session high at 62.89 on the soft ADP miss, then stalled and is now consolidating around 62.00, hemmed between 61.93 and the 62.39 range top. Momentum has cooled with RSI back near mid-range; the 50-day cap at 62.65 remains untouched above.
Support: 61.93, 61.76
Resistance: 62.39, 62.65, 62.89
What it said to watch
M15 close above 62.39 reopens the path to the 62.65 cap
Loss of 61.93 exposes the 61.76 swing low
NFP Fri 12:30 UTC is the dominant catalyst and could override this range read
05:16 UTC
Uptrend stalled, ranging · RSI 46 · price 62.024
Consolidation below 50-day SMA cap.
Silver ripped over 4% off the 61.07 base on the soft ADP print, tagged 62.89 then rejected at the 50-day SMA near 62.65, and has since coiled in a 61.93-62.40 range through the Asia-London transition. RSI(14) has cooled to the mid-40s with price drifting back below EMA20; the up-leg is holding above the mid-fib for now.
Support: 61.93, 61.76
Resistance: 62.39, 62.65, 62.74
What it said to watch
M15 close above 62.65 opens the path back toward the 62.74 session high
Loss of 61.93 confirms a lower low and puts 61.76 in play
US Jobless Claims 12:30 UTC, then NFP Fri could reset this range read
05:04 UTC
Uptrend stalling, now consolidating · RSI 51 · price 62.117
Range below 50-day sma cap.
Silver ripped over 4% off 60.65 on the soft ADP print, peaking at 62.89 before rejecting the 50-day SMA near 62.65. Price is now consolidating between 61.93 and 62.50, holding above EMA50 but slipping under EMA20 as momentum cools ahead of NFP.
Support: 61.93, 60.90
Resistance: 62.50, 62.65, 62.89
What it said to watch
NFP Fri 12:30 UTC is the dominant catalyst and could reset this read
Close above 62.65 opens the path back toward the 62.89 session high
Failure to hold 61.93 confirms a lower low back toward the 60.90 range top
05:04 UTC
Uptrend stalling, now consolidating · RSI 48 · price 62.117
Range below session high after impulsive rally.
Silver ripped from 60.65 to a session high near 62.89 on soft US ADP, then rejected and settled into a 61.93–62.50 range. Price now sits at 62.12, hovering around EMA50 with RSI(14) neutral near 48 — momentum flat ahead of NFP.
Support: 61.93, 61.60
Resistance: 62.50, 62.65, 62.89
What it said to watch
M15 close above 62.65 (50d sma cap) opens path back to session high 62.89
Loss of 61.93 session low confirms a lower low toward 61.60
NFP Fri 12:30 UTC is the dominant catalyst and could reset this range
Silver ripped from 60.71 to 62.89 on the soft ADP-driven dollar slide, but the rally rejected below the 50-day cap near 62.65 and has since coiled around 62.05 through the Asia session. RSI(14) has cooled back to the mid-40s as price drifts under EMA20/50, no clean intraday setup in play.
Support: 61.72
Resistance: 62.74, 62.65
What it said to watch
M15 close above 62.65 (50d cap) opens the path back toward 62.74
Loss of 61.72 range low confirms a lower-low
NFP Fri 12:30 UTC is the dominant catalyst and can reset this read
Consolidation below session cap after impulsive rally.
Silver ripped from 61.10 to a session high 62.89 on the soft-USD bid, then rejected and settled into a 61.93–62.50 range now trading 62.08. Move is capped just under the 50-day SMA at 62.65; RSI(14) has cooled back to neutral around 48 after the overbought push.
Support: 61.99, 61.93
Resistance: 62.50, 62.65, 62.89
What it said to watch
M15 close above 62.65 shifts the read more decisively higher toward the session high 62.89
Failure to hold 61.90 range base opens the path back toward 60.90
US Initial Jobless Claims 12:30 UTC could disturb this range read
04:31 UTC
Uptrend stalling, now ranging · RSI 47 · price 62.083
Consolidation under session high after rally.
Silver's 4% rally off Monday's low stalled at 62.89 into the 50-day SMA cap near 62.65, and the metal is now consolidating 61.90–62.40 through the Asia session. Rejection at 62.89 has cooled RSI back to neutral; price hugging the EMA20 with buyers holding the 61.93 swing low.
Support: 61.93, 61.90
Resistance: 62.40, 62.65, 62.89
What it said to watch
M15 close above 62.65 opens the path back toward 62.89
Loss of 61.90 range top confirms a lower-low
NFP Fri 12:30 UTC is the decisive catalyst for this range
Silver ripped through the NY session to a session high 62.89 on the soft ADP-driven bid, then faded back into a 61.90–62.65 range where the 50-day SMA cap sits. Price now hovering at 62.06 mid-range, RSI cooled to ~51 with momentum flat ahead of NFP.
Support: 61.90, 61.44
Resistance: 62.65, 62.89
What it said to watch
M15 close above 62.65 opens the path toward 62.89 and shifts the read higher
Loss of 61.90 exposes the 61.44 swing low
NFP Fri 12:30 UTC is the decisive catalyst and can reset this range
04:17 UTC
Uptrend stalling, pulling back · RSI 48 · price 62.061
Consolidation below session high after rally.
Silver ripped from 60.69 to a session high of 62.89 on the soft ADP-driven Fed repricing, then rejected and is now consolidating in the 61.93–62.52 band with RSI(14) cooled to the mid-40s. Price sits just below EMA20/50 in the Asia-to-London handover; momentum has flattened after stalling into the 50-day SMA cap at 62.65.
Support: 61.93, 61.80
Resistance: 62.52, 62.65, 62.89
What it said to watch
M15 close above 62.65 reopens the path to the 62.89 session high
Failure to hold 61.93 confirms a lower-low and exposes 61.80
NFP Fri 12:30 UTC is the decisive catalyst and could reshape this read
04:03 UTC
Uptrend stalling, pulling back · RSI 47 · price 62.065
Consolidation below 62.50 after rejection at 62.89.
Silver rallied through the NY session to 62.89 before rejecting, and has since drifted into a 61.92–62.50 consolidation, tracking the softer USD off yesterday's ADP miss. Price sits mid-range at 62.07 with RSI(14) neutral near 47 — no momentum edge in play.
Support: 61.92, 61.76
Resistance: 62.50, 62.89
What it said to watch
M15 close above 62.50 reopens the 62.89 session high
Loss of 61.92 confirms a lower-low and shifts the pullback deeper toward 61.76
US Initial Jobless Claims 12:30 UTC could break the consolidation ahead of Friday NFP
04:02 UTC
Pullback within intraday range · RSI 47 · price 62.065
Consolidating below session high after rejection.
Silver spiked to 62.89 during NY hours then rejected, fading back toward 62.06 and now chopping in the Asian session between 61.93 and 62.40. Price sits below EMA20 with RSI(14) neutral near 47 — the leg higher stalled short of the 50-day SMA cap at 62.65.
Support: 61.93, 61.80
Resistance: 62.40, 62.65, 62.74
What it said to watch
M15 close above 62.65 (50-day sma) shifts the read back bullish toward the 62.74 session high
Loss of 61.93 session low opens a deeper retrace toward 61.80
NFP Fri 12:30 UTC is the decisive catalyst and could override this intraday structure
03:47 UTC
Uptrend, stalling and pulling back · RSI 45 · price 61.945
Consolidation after impulsive rally, testing range lows.
Silver ripped off 60.60 to a 62.89 high on Wednesday's soft ADP miss, then stalled into the 50-day SMA at 62.65 and rolled over. Now consolidating around 61.95 in Asian hours, RSI cooled to the mid-40s as buyers defend the 61.93 session low.
Support: 61.93, 61.77, 60.90
Resistance: 62.65, 62.89
What it said to watch
Failure to hold 61.93 opens the path to 61.77, then the 60.90 range top
M15 close above 62.65 (50-day sma) would reassert the rally
NFP Fri 12:30 UTC is the week's decisive catalyst and can reprice this read
03:46 UTC
Uptrend, pulling back · RSI 44 · price 61.945
Pullback from session high 62.89 into 61.9 support.
Silver rallied through NY hours to a spike high of 62.89 before rejecting into the $62.65 50-day SMA cap flagged in the macro read, and is now grinding back to the 61.90 session-low area in thin Asia trade. RSI(14) has cooled to the low 40s as the pullback developed; 61.90 support is being tested for the first time this session.
Support: 61.90, 61.50
Resistance: 62.40, 62.65, 62.89
What it said to watch
M15 close below 61.90 opens the path to the 61.50 swing low
Reclaim of 62.40 prior high would reassert the up-leg toward the 62.65 50-day sma cap
NFP Fri 12:30 UTC is the decisive catalyst and could reset this read
Silver's +4% run stalled at the 62.65-62.89 zone into the 50-day SMA and has since drifted back to 62.02, cooling from overbought after the soft ADP print faded Fed-hike bets. Price is chopping in a 61.90-62.65 range with no clean directional structure into NFP.
Support: 61.99, 61.90, 61.46
Resistance: 62.65, 62.89
What it said to watch
Failure to hold 61.90 range top opens 61.46 swing low
M15 close above 62.65 50-day sma reopens the 62.89 session high
NFP Fri 12:30 UTC is the decisive catalyst and can override this range read
Range-bound after rally, holding above rising support.
Silver rallied to a 62.89 session high in the prior NY session then rejected below the 50-day SMA at 62.65, and has since consolidated back to 62.02 in thin Asia-hours trade. RSI(14) has cooled to mid-range as price coils between the 61.93 session low and the 62.36 swing high; rising support has held on the pullback.
Support: 61.93, 61.72, 60.90
Resistance: 62.36, 62.65, 62.89
What it said to watch
M15 close above 62.65 (50-day sma) would extend the run toward the 62.89 session high
Failure to hold 61.93 session low opens the 61.72 swing low and 60.90 prior top
US Jobless Claims 12:30 UTC could inject volatility ahead of Friday NFP
Silver's London/NY rally spiked to 62.89 then rejected, and the Asian session is now consolidating in a 62.00-62.50 band with RSI(14) back near neutral. The 50-day SMA cap at 62.65 has held, and price is hovering just under EMA20 at the range floor.
Support: 62.00, 61.90
Resistance: 62.50, 62.65, 62.89
What it said to watch
M15 close above 62.65 shifts the read more decisively bullish
Loss of 62.00 round number opens the 61.90 range top
NFP Fri 12:30 UTC is the decisive catalyst and could override this range
Silver rallied ~4% off the Monday low and is now consolidating in the 62.00-62.50 band during Asia hours, capped near the 50-day SMA at 62.65. RSI(14) has cooled back to neutral around 50 after the spike to 62.887 was rejected; buyers holding the 62.00 floor.
Support: 62.00, 61.90
Resistance: 62.50, 62.65, 62.887
What it said to watch
Clean M15 close above 62.65 (50-day sma) opens the path higher
Failure to hold 62.00 exposes the 61.90 swing low
NFP Fri 12:30 UTC is the decisive catalyst and could break this range
Silver ripped from 59.80 to a session high 62.89 on the soft ADP read, then got rejected and is consolidating near 62.22 into the $62.65 50-day cap. RSI has cooled from overbought to the low-50s as the move stalls just under resistance.
Support: 61.90
Resistance: 62.65, 62.89
What it said to watch
Clean M15 close above 62.65 opens the path toward 62.89 session high
Loss of 61.90 range top confirms a lower-low and unwinds the intraday bid
NFP Fri 12:30 UTC is the decisive catalyst and could reset this read
Silver ran +4% off the London-NY session, tagging 62.89 before rejecting into the 50-day SMA cap at 62.65 after the soft ADP print faded Fed-hike bets. Now consolidating around 62.20 through the Asia session, holding above the 62.00 swing low with RSI mid-range.
Support: 62.00, 61.77
Resistance: 62.65, 62.89
What it said to watch
Clean M15 close above 62.65 opens the path back to the 62.89 session high
Failure to hold 62.00 exposes the 61.77 swing low
NFP Fri 12:30 UTC is the decisive catalyst and can override this read
Consolidating below session high after strong advance.
Silver ran to a 62.89 spike high before rejecting, and has since chopped in a 62.00–62.53 band through the Asia session — the leg higher was fuelled by yesterday's soft ADP miss. RSI(14) has cooled back to the mid-50s as the advance stalls under the 62.65–62.75 overhead cap.
Support: 62.00, 61.77
Resistance: 62.53, 62.75, 62.89
What it said to watch
M15 close above 62.75 opens the path back to the 62.89 spike high
Failure to hold 62.00 exposes the 61.77 session low
US NFP Fri 12:30 UTC could materially reset this read
Consolidation below spike high after NY rejection.
Silver ran to 62.89 during NY hours before sharp rejection back to 62.00, now coiling in a 62.00-62.53 band through the quiet Asia session. RSI(14) neutral near 55 after the pullback; price holds above EMA20/50 with the 62.65 50-DMA cap still untested.
Support: 62.00, 61.77
Resistance: 62.53, 62.65, 62.89
What it said to watch
M15 close above 62.65 opens path back to the 62.89 spike high
Loss of 62.00 confirms a lower low and exposes 61.77 range low
NFP Fri 12:30 UTC could materially shift this read
Consolidating below session high after strong rally.
Silver rallied ~4% off 59.78 into the low-62s on the soft ADP print, then spiked to 62.89 and was rejected, closing back at 62.03. Price is now chopping in the 62.00–62.52 range through the Asia session, capped under the 50-dma at 62.65.
Support: 62.00
Resistance: 62.52, 62.65, 62.89
What it said to watch
M15 close above 62.65 opens continuation of the squeeze
Loss of 62.00 range top confirms rejection from highs
NFP Aug 7 12:30 UTC is the next major catalyst for this read
Silver ran from 59.78 to a 62.887 high during NY on the soft ADP miss, then rejected and is now consolidating between 62.00 and 62.50 in early Asia. RSI(14) has cooled to mid-range as the move stalls under the 50-DMA/62.65 cap.
Support: 62.00, 61.90
Resistance: 62.65, 62.89
What it said to watch
M15 close above 62.65 opens the path toward 62.89 swing high
Loss of 61.90 former range top shifts the read lower
NFP Fri 12:30 UTC could materially reset this structure
Silver rode the soft-ADP squeeze to a spike high at 62.89 before sellers rejected it, and Asia-session trade is now consolidating in a 62.00–62.65 band around 62.40. RSI(14) has cooled back to mid-range as the up-leg pauses under the 62.65 cap.
Support: 62.00, 61.77
Resistance: 62.65, 62.89
What it said to watch
Close above 62.65 opens the path back to the 62.89 spike high
Loss of 62.00 confirms a deeper pullback toward 61.77
NFP Fri 12:30 UTC could materially shift this read
02:16 UTC
Uptrend, stalling into resistance · RSI 55 · price 62.397
Consolidation under session high after rejection.
Silver spiked to a session high of 62.89 during NY on the soft ADP-driven squeeze, then got rejected and flushed to 61.99 before recovering to 62.40. Now consolidating in the Asia session between 62.00 and the 62.65 50-DMA cap, RSI cooled back to the mid-50s.
Support: 62.00, 61.99
Resistance: 62.65, 62.89
What it said to watch
M15 close above 62.65 opens the path toward 62.89 session high
Loss of 62.00 exposes the 61.99 swing low
NFP Fri 12:30 UTC could materially shift this read
02:02 UTC
Uptrend, momentum cooling · RSI 56 · price 62.248
Consolidating below one-month high after spike rejection.
Silver rallied from 59.52 to a one-month high near 62.89 on soft US labor data before that spike was rejected, and price is now consolidating around 62.00-62.50 through the Asia session. RSI(14) has cooled off the highs into the mid-50s as the move digests.
Support: 62.00, 61.90, 60.90
Resistance: 62.50, 62.89
What it said to watch
M15 close above 62.50 supply reopens the 62.89 session high
Loss of 62.00 round exposes the 61.90 breakout cap and 60.90 breakout base
US Nonfarm Payrolls (Fri 12:30 UTC) is the decisive catalyst and could reset this read
02:02 UTC
Uptrend, momentum cooling · RSI 55 · price 62.248
Consolidating below session high after spike rejection.
Silver spiked to 62.89 during late NY and was sharply rejected back to 62.00, now consolidating around 62.25 as RSI(14) sits mid-range. The move extends Wednesday's rally on soft US labor data; price is holding the 61.90 breakout base but capped below the 62.75 spike high into Friday's NFP.
Support: 62.00, 61.90
Resistance: 62.75, 62.887
What it said to watch
M15 close above 62.75 reopens the 62.89 session high
Loss of 61.90 breakout base signals overbought unwind
NFP Fri 12:30 UTC is the decisive catalyst for this read
01:46 UTC
Uptrend, momentum cooling · RSI 54 · price 62.187
Consolidating below one-month high spike.
Silver spiked to a one-month high at 62.89 during the NY-to-Asia handover then got rejected back to 61.99, now chopping 61.99–62.40 in the Asian session. The prior 61.90/62.00 cap flipped to support after the soft ADP-driven leg higher; price is coiling below the 62.50 swing high with RSI(14) neutral near 54.
Support: 61.99, 61.90, 60.90
Resistance: 62.50, 62.89
What it said to watch
M15 close above 62.50 reopens the 62.89 session high
Failure to hold 61.90 exposes the 60.90 breakout base
NFP Fri 12:30 UTC is the decisive catalyst and can override this range read
Consolidating below session high after spike rejection.
Asia session spiked to 62.89, sweeping the session high before sellers rejected it straight back to 61.99. Price now consolidates around 62.18 after a sharp round-trip; RSI(14) cooled to mid-range as the move worked off, holding above the 61.90 breakout base.
Support: 61.994, 61.90
Resistance: 62.887
What it said to watch
M15 close above 62.89 reopens the extension higher
Loss of 61.90 breakout base confirms a lower-low
NFP Fri 12:30 UTC is the decisive catalyst for this read
Silver spiked to 62.887 and was rejected straight back below 62.00 into late Asia, sweeping the session high before sellers stepped in. Price now sits mid-range around 62.10, holding above the 61.99 session low after a two-day run tied to the soft ADP print.
Support: 61.994, 61.723
Resistance: 62.74, 62.887
What it said to watch
M15 close above 62.740 reopens the 62.887 session high
Failure to hold 61.994 confirms a lower-low toward 61.723
US NFP (Fri 12:30 UTC) is the decisive catalyst and could reset this read
Silver spiked through 62.50 to sweep the session high at 62.88 then closed back at 62.03 — a clear false break, RSI(14) cooling from the push. Price now hovering at 62.10 just under EMA20 after a two-day rally off 59.57; the 62.50 cap held on the retest.
Support: 61.95, 61.72, 60.90
Resistance: 62.50, 62.88
What it said to watch
Sustained M15 close above 62.50 reopens the 62.88 sweep high
Failure to hold 61.95 exposes 61.72 then the 60.90 range top
US NFP Fri 12:30 UTC is the decisive catalyst for this read
01:16 UTC
Uptrend, momentum cooling · RSI 58 · price 62.391
Higher highs into rejection at session high.
Silver extended a two-day run to a one-month high, spiking to 62.89 before a sharp rejection back to 62.40 on thin Asian liquidity. Uptrend intact and holding above the flipped 62.00/61.90 zone, but RSI(14) near 58 shows momentum cooling after the wick.
Support: 62.00, 61.90, 61.72
Resistance: 62.89
What it said to watch
M15 close above 62.89 opens continuation of the rally leg
Failure to hold 62.00 exposes 61.90 then 61.72
US NFP Fri 12:30 UTC could materially shift this read
01:16 UTC
Uptrend, pushing new highs · RSI 61 · price 62.391
Higher highs/higher lows, spike rejected at 62.89.
Asia session extended the two-day silver rally, spiking to a one-month high at 62.89 before sellers rejected the move back to 62.39 — the metal remains capped near the 61.90/62.00 zone flagged by the macro read. Structure stays higher-high/higher-low with RSI(14) cooling from the top of range; 62.00 is now first support.
Support: 62.00, 61.90, 61.72
Resistance: 62.74, 62.89
What it said to watch
Sustained M15 close above 62.74 opens the path toward retesting the 62.89 session high
Loss of 62.00 round exposes 61.90 prior cap then the 61.72 swing low
US NFP Fri 12:30 UTC is the decisive catalyst and could materially shift this read
Asia session broke out of the 61.95–62.30 overnight consolidation and cleared the prior 61.90/62.00 cap, printing a fresh one-month high at 62.77 with RSI(14) running hot near 71. The two-day surge off soft US labor data (ADP 44K) is intact, price stacked above EMA20/EMA50.
Support: 62.30, 62.00, 61.90
Resistance: 62.768
What it said to watch
US NFP Fri 12:30 UTC (f/c 80K) is the decisive catalyst and can reset this read
Loss of 62.30 range top would signal the breakout is fading
Close back below 62.00 psych re-opens 61.90
01:03 UTC
Uptrend, fresh session high · RSI 68 · price 62.763
Higher highs, breakout above 62.00.
Silver ground higher through the quiet Asia session to a fresh session high at 62.77, clearing the prior $62.00 cap that follows this week's soft-US-data surge. RSI(14) hot near 68 but not extreme; the breakout leg off 61.72 remains intact with pullbacks holding above 62.00.
Support: 62.00, 61.72
Resistance: 62.77
What it said to watch
Loss of 62.00 psych level would negate the breakout read
US NFP Fri 12:30 UTC is the decisive catalyst for the next leg
00:46 UTC
Uptrend, grinding higher · RSI 64 · price 62.469
Higher highs, Asia consolidation resolving up.
Quiet Asia session grinding back up to 62.469 after NY topped at 62.757; silver holding well above the prior $61.90/$62.00 cap which now acts as support. RSI(14) mid-60s, no extreme, price above EMA20/50 with structure intact.
Support: 62.00, 61.90, 61.723
Resistance: 62.595, 62.757
What it said to watch
Close above 62.595 opens the path back to the 62.757 session high
Loss of 62.00 psych level exposes 61.90 prior cap then 61.723 swing low
US NFP Fri 12:30 UTC (f/c 80K) is the decisive catalyst — can materially shift this read
00:46 UTC
Uptrend, consolidating near highs · RSI 62 · price 62.469
Higher highs, ranging 62.00-62.50 into the close.
Silver extended a two-day run from 59.39 to a 62.76 session high on soft US labor data and falling oil, then settled into a 62.00-62.50 range. Thin post-NY hours saw price grind back to 62.47, holding above the prior 62.00 range top.
Support: 62.00, 61.90
Resistance: 62.50, 62.76
What it said to watch
Sustained M15 close above 62.76 opens continuation of the up-move
Loss of 62.00 breaks the consolidation and exposes 61.90
US NFP Fri 12:30 UTC could materially shift this read
Silver is consolidating 62.00–62.33 near a one-month high after a two-day rally, capped below the 62.51/62.76 session highs. Low-volume Asia session, RSI(14) neutral near 53 after cooling from overbought. The metal ran up on soft US labor data (ADP 44K) and a crude sell-off.
Support: 62.00, 61.72
Resistance: 62.33, 62.51, 62.76
What it said to watch
M15 close above 62.51 opens the path to the 62.76 session high
Loss of 62.00 psych exposes the 61.72 swing low
NFP Fri 12:30 UTC could materially shift this read
Consolidating below one-month high after two-day rally.
Silver stalled near the one-month high after spiking to 62.76, now grinding sideways between 62.00 and 62.33 through the quiet Asian session, RSI(14) back near 56 from earlier overbought. The two-day surge off soft US labour data (ADP 44K) is holding above the 61.90 prior range top, but buyers have not reclaimed the 62.50 spike high.
Support: 62.00, 61.90, 61.72
Resistance: 62.33, 62.50, 62.76
What it said to watch
US NFP Fri 12:30 UTC is the decisive catalyst — likely to break this consolidation either way
Sustained M15 close above 62.50 opens the path back to the 62.76 session high
Loss of 61.90 range top exposes 61.72 swing low
00:17 UTC
Uptrend, momentum cooling · RSI 56 · price 62.174
Consolidating below one-month high.
Silver ripped from 59.40 to a 62.76 peak over two sessions on soft US labor data, now consolidating around 62.10 in a quiet, low-volume Asia session. Price is holding above the 62.00 round level after the pullback to 61.72; session high sits at 62.33 with the 62.50 spike high above.
Support: 62.00, 61.72
Resistance: 62.33, 62.50
What it said to watch
M15 close above 62.33 opens path toward the 62.50 prior high
Loss of 62.00 exposes the 61.72 swing low
US NFP Fri 12:30 UTC could materially shift this read
Consolidating below session high after impulsive rally.
Silver ripped to a session high of 62.76 through the NY session on the soft ADP print and slumping oil, then unwound and settled into a 62.00–62.36 range now holding through Asia. Price is holding above the prior 62.00 cap; RSI(14) has cooled to the mid-50s as the move consolidates.
Support: 62.00, 61.89
Resistance: 62.36, 62.51, 62.76
What it said to watch
Sustained M15 close above 62.36 reopens the path toward 62.51/62.76
Loss of 62.00 shifts the read back toward the 61.89 swing low
US NFP Fri 12:30 UTC could materially shift this read
Silver ran from 59.40 to a one-month high at 62.76 on the soft US ADP print, then settled into a tight consolidation around 62.10 through the quiet Asia session. Price is capping under 62.33 while defending the 62.00 handle; RSI(14) has cooled back to mid-range after the overbought push.
Support: 62.00, 61.87, 61.46
Resistance: 62.33, 62.51, 62.76
What it said to watch
Sustained M15 close above 62.33 reopens the 62.51/62.76 rally highs
Loss of 62.00 exposes 61.87 then 61.46 swing lows
US Nonfarm Payrolls Fri 12:30 UTC could materially shift this read
Silver ripped through the NY session to a one-month high at 62.757 on the soft ADP print, then faded and is now coiling around 62.10 in thin Asia hours. Supply capped the move at 62.50 while the 62.00 psych level has held on dips; RSI cooled back to mid-range as momentum stalled.
Support: 62.00, 61.44
Resistance: 62.50, 62.76
What it said to watch
M15 close above 62.50 opens the path to the 62.76 prior high
Loss of the 62.00 psych level exposes 61.44 swing low
US NFP Fri 12:30 UTC could materially shift this read