XAG/USD AI Live Scan, 15-minute chart, Friday, 6 November 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.

20:47 UTC

Sideways after NFP whipsaw, lower highs · RSI 52 · price 51.968

51.69–52.21 NY range below pre-NFP day high.

The hot NFP print drove a sharp drop from the 52.354 day high to the 51.379 nfp low at 13:30–14:00 UTC. That low held above the 51.178 day low, and price has since rotated inside a 51.69–52.21 range through NY hours. Rejection at the 52.206 lower high leaves price pinned around flat EMAs, with RSI(14) near 52, into the late-NY weekly close; it now sits near the 61.8% retrace of the NFP drop.

Support: 51.687, 51.379, 51.178

Resistance: 52.206, 52.354

What it said to watch

  • M15 close above the 52.206 lower high breaks the lower-highs line and puts the 52.354 day high back in play
  • Failure to hold the 51.687 range floor reopens the 51.379 nfp low
  • Loss of the 51.178 day low would extend the post-NFP selling below the Asian lows
  • Monday's Fed speakers (Bowman, Goolsbee, Barkin) and Tuesday's CPI could shift this read after the weekend

20:32 UTC

Post-NFP range, momentum neutral · RSI 52 · price 51.977

51.83–52.21 range after NFP drop, rising lows from 51.69.

The hot NFP beat knocked silver from the 52.35 session high to the 51.36 NFP low, still above the Asian low near 51.18. The rebound has stalled under the 52.21 range top, with rising lows off the 51.69 swing low and price parked at the 61.8% retrace of the NFP drop near 51.97 late in the NY session, flat on the EMAs.

Support: 51.83, 51.69, 51.36

Resistance: 52.21, 52.35

What it said to watch

  • M15 close above the 52.21 range top reopens the 52.35 session high (78.6% retrace near 52.14 sits just below)
  • Loss of the 51.83 ny low breaks the rising lows and exposes the 51.69 swing low, then the 51.36 nfp low
  • Thin liquidity into the Friday close; Fed speakers Mon and US CPI Tue 13:30 UTC are the next scheduled risk

20:17 UTC

Sideways, post-NFP range · RSI 47 · price 51.967

Late-NY range 51.69–52.21; higher lows off the NFP low.

The NFP beat (165K vs 65K) knocked silver from the 52.354 pre-NFP high to the 51.379 NFP low, but the drop held above the 51.178 Asian low and has since retraced about 60% of the NFP drop on the fib. Late NY trade is ranging between the 51.687 pivot low and the 52.206 late NY high, with higher lows forming. Price is hugging EMA20 and RSI(14) is neutral near 47.

Support: 51.829, 51.687, 51.379

Resistance: 52.206, 52.354

What it said to watch

  • A break below the 51.829 swing low and then the 51.687 pivot low would break the higher-lows line and expose the 51.379 NFP low.
  • An M15 close above the 52.206 late NY high opens a retest of the 52.354 pre-NFP high and the top of the NFP drop fib.
  • Thin liquidity into the Friday close, then Fed speakers on Monday (Bowman 13:40 UTC) ahead of Tuesday's CPI, could materially shift this read.

20:05 UTC

Post-NFP rebound stalling, flat into Friday close · RSI 47 · price 51.888

Range 51.69–52.21 above rising post-NFP lows.

The hot NFP print (165K vs 65K) knocked silver from the 52.35 pre-NFP high to a 51.38 NFP low, holding above the 51.18 Asia low before the bounce. Late NY has ranged 51.69–52.21, with rejection at the 52.21 NY high sending price back to around 51.89, mid-range near the 50% of the post-NFP rebound. RSI(14) is neutral at 47 into a thin Friday close.

Support: 51.687, 51.379, 51.178

Resistance: 52.206, 52.354

What it said to watch

  • Close below the 51.69 NY swing low breaks the rising post-NFP lows and exposes the 51.38 NFP low, then the 51.18 Asia low
  • Close above the 52.21 NY high opens a retest of the 52.35 pre-NFP high
  • Liquidity is thin into the weekly close, so moves this late in NY carry less structural weight
  • Fed speakers Mon (Bowman, Goolsbee, Barkin) ahead of Tue US CPI could materially shift this read

19:47 UTC

Range-bound after NFP whipsaw, momentum neutral · RSI 45 · price 51.856

Post-NFP range 51.716–52.206, fading from range top late NY.

The NFP beat (165K vs 65K) produced a false break above the London high to the 52.354 nfp spike, then a flush to the 51.358 nfp low. That drop was retraced, and NY has since ranged between the 51.716 ny swing low and the 52.206 ny high. Late NY, price is slipping back from the range top into the 38–50% zone of the post-NFP fib, with RSI(14) neutral near 45 and price just under both EMAs.

Support: 51.716, 51.358

Resistance: 52.206, 52.354

What it said to watch

  • M15 close below the 51.716 ny swing low breaks the NY range and exposes the 51.358 nfp low
  • M15 close above the 52.206 ny high reopens the 52.354 nfp spike
  • Failure to hold the 61.8% of the post-NFP fib (~51.68) undercuts the recovery from the nfp low
  • Thin Friday-close liquidity; Monday Fed speakers (Bowman, Goolsbee, Barkin) and Tuesday US CPI could materially shift this read at the reopen

19:32 UTC

Flat after NFP shakeout, rising lows · RSI 49 · price 51.908

Post-NFP range 51.38–52.21, higher lows inside.

The NFP beat (165K vs 65K) knocked silver from the 52.35 pre-NFP high to the 51.38 NFP low within the first hour of NY. The drop was absorbed, and late NY has ranged between the 51.69 swing low and the 52.21 NY high on rising lows. Rejection at the NY high has price back at flat EMAs near 51.91, with RSI(14) neutral at 49.

Support: 51.687, 51.379

Resistance: 52.206, 52.354

What it said to watch

  • M15 close below the 51.69 swing low breaks the rising-lows line and reopens the 51.38 NFP low
  • M15 close above the 52.21 NY high puts the 52.35 pre-NFP high back in play
  • Friday close is near, so liquidity thins into the weekend; Fed speakers Mon and US CPI Tue 13:30 UTC could materially shift this read

19:17 UTC

Post-NFP recovery, higher lows since 14:30 UTC · RSI 56 · price 52.06

V-recovery from NFP low, pressing range top late NY.

The hot NFP beat (165K vs 65K) knocked silver from the 52.35 pre-NFP high to the 51.36 NFP low. That drop has been retraced roughly 70% during NY hours, with a higher low at 51.83 and price now retesting the 52.21 range top that capped London and NY. RSI(14) is neutral near 56.

Support: 51.83, 51.36

Resistance: 52.21, 52.35

What it said to watch

  • M15 close above the 52.21 range top opens the 52.35 pre-NFP high and a full NFP retrace
  • Loss of the 51.83 higher low and the post-NFP rising line puts the 51.36 NFP low back in view
  • Thin late-Friday NY liquidity into the weekend close can distort the range top test
  • Fed speakers Mon (Bowman, Goolsbee, Barkin) could materially shift this read at the reopen

19:03 UTC

Post-NFP recovery inside a wide day range · RSI 61 · price 52.159

Higher lows since NFP low, retesting 52.20 range top.

Late NY, after London close. The hot NFP print knocked silver from the 52.354 nfp high to the 51.379 nfp low, but price has since retraced roughly 80% of that drop on a chain of higher lows, the latest at 51.69. Price is now retesting the 52.20 range top that has capped every push since the Asia session. RSI(14) is near 61 and ATR runs about 190 pips.

Support: 51.69, 51.379, 51.178

Resistance: 52.20, 52.354, 52.614

What it said to watch

  • M15 close above the 52.20 range top exposes the 52.354 nfp high, then the 52.614 prior high
  • Loss of the 51.69 higher low and the rising post-NFP trendline returns focus to the 51.379 nfp low and the 51.178 asian low
  • Late-Friday liquidity is thin into the weekend; Fed speakers Mon and US CPI Tue 13:30 UTC are the next event risk for this read

18:47 UTC

Recovering intraday, higher lows since NFP · RSI 57 · price 52.122

Post-NFP range 51.69–52.17, pressing the London high.

The hot NFP print triggered a false break of the London high, a spike to 52.354, then a flush to the 51.379 nfp low, holding above the 51.18 Asian low. Since then price has carved higher lows off the 51.687 swing low and sits at 52.12 in late NY, about 76% back through the NFP drop and just under the 52.20 london high.

Support: 51.687, 51.379

Resistance: 52.20, 52.354

What it said to watch

  • M15 close above the 52.20 london high puts the 52.354 nfp spike back in play
  • Loss of the 51.687 swing low breaks the higher-low chain and reopens the 51.379 nfp low
  • Fed's Daly (18:00 GMT) and thin late-Friday NY liquidity could distort the range edges

18:32 UTC

Sideways after NFP spike, momentum neutral · RSI 48 · price 51.95

Post-NFP range 51.69–52.17 inside 51.18–52.35 day range.

The hot NFP print (165K vs 65K) knocked silver from the 52.35 pre-NFP high to a 51.38 NFP low. The drop was fully bought back to 52.15 within the hour. Since then, late NY after London close has rotated between the 51.69 swing low and a 52.17 post-NFP high that rejected twice, with price mid-range near the 61.8% retrace of the NFP swing and the 51.18 day low well beneath.

Support: 51.69, 51.38, 51.18

Resistance: 52.17, 52.35

What it said to watch

  • M15 close below the 51.69 swing low breaks the post-NFP range and exposes the 51.38 NFP low
  • Close above the 52.17 post-NFP high reopens the 52.35 pre-NFP high
  • Loss of the 51.18 day low (Asian double low) would confirm a lower-low on the session
  • Fed's Daly remarks (18:00 GMT) and thin late-Friday liquidity could produce outsized wicks

18:17 UTC

Post-NFP range, flat momentum · RSI 52 · price 51.95

Contracting 51.69–52.17 range below the 52.35 pre-NFP high.

The hot NFP print (165K vs 65K) knocked silver from the 52.35 pre-NFP high to the 51.36 NFP low, which held above the 51.18 Asian low. The rebound was rejected three times at the 52.17 range top. Late in the NY session price is coiling between the 51.69 swing low and 52.17, sitting near the 61.8% of the NFP drop and just above flat EMAs, with RSI at 52.

Support: 51.69, 51.36, 51.18

Resistance: 52.17, 52.354

What it said to watch

  • An M15 close above the 52.17 range top reopens the 52.35 pre-NFP high
  • Loss of the 51.69 swing low exposes the 51.36 NFP low, then the 51.18 Asian low
  • Fed's Daly (18:00 GMT, under way) on December hike conviction could shift this read into the Friday close

18:05 UTC

Post-NFP range, lower highs capping · RSI 49 · price 51.835

Compressing range 51.69–52.17 after NFP spike low.

The hot NFP print (165K vs 65K) knocked silver from the 52.35 pre-NFP high to the 51.38 NFP low during NY hours. The rebound was rejected twice at the 52.17 range top under a lower-highs line, and price now sits near the 50% retracement of the NFP drop, pinned at flat EMAs late in the NY session.

Support: 51.69, 51.38, 51.18

Resistance: 52.17, 52.35

What it said to watch

  • M15 close below the 51.69 range low reopens the 51.38 NFP low, with the 51.18 Asian low beneath
  • Close above the 52.17 range top breaks the lower-highs line and exposes the 52.35 pre-NFP high
  • Fed's Daly at 18:00 GMT could break the post-NFP range

17:48 UTC

Post-NFP range, drifting lower · RSI 48 · price 51.784

NY range 51.72–52.17 with lower highs since the 52.17 cap; price at range floor.

The NFP beat (165K vs 65K, AHE 0.4%) flushed silver from a 52.35 pre-NFP high, a false break above the London range, down to a 51.38 NFP low. The rebound was rejected at the 52.17 post-NFP cap, and late NY is printing lower highs back into the 51.72 range floor, with the Asia low at 51.18 below.

Support: 51.72, 51.38, 51.18

Resistance: 52.17, 52.35

What it said to watch

  • M15 close below the 51.72 range floor exposes the 51.38 NFP low, then the 51.18 Asia low
  • Close above the 52.17 post-NFP cap breaks the lower-highs line and reopens the 52.35 pre-NFP high
  • Fed's Daly at 18:00 GMT could jolt the late-NY range on December hike commentary

17:32 UTC

Post-NFP rebound stalling, flat into late NY · RSI 52 · price 51.936

51.82–52.17 range after London close; higher low above Asian low.

The hot NFP print (165K vs 65K, wages 0.4%) bid the USD and knocked silver from the 52.354 pre-NFP high to a 51.358 NFP low, still a higher low above the 51.178 Asian low on the trendline from that low. The rebound was rejected at the 52.17 range top and price has been compressing just under the 61.8% retrace of the NFP drop after London close, RSI(14) neutral near 52 and price hugging both EMAs.

Support: 51.822, 51.358, 51.178

Resistance: 52.17, 52.354

What it said to watch

  • M15 close below the 51.82 swing low reopens the 51.36 NFP low
  • Break of the 51.36 NFP low and the Asian low trendline exposes the 51.18 Asian low
  • M15 close above the 52.17 range top brings the 52.354 pre-NFP high back into play
  • Fed's Daly at 18:00 GMT, with Bowman just delivered, could break the late-NY range on any December hike endorsement

17:17 UTC

Post-NFP whipsaw, flattening · RSI 51 · price 51.888

Compression between 51.74 and 52.17 after NFP spike low.

The hot NFP print (165K vs 65K, wages 0.4%) unwound a false break above the London high. Silver dropped from the 52.354 pre-NFP high to a 51.358 post-NFP low, then retraced roughly half the move on the nfp swing fib. Since London close, price has compressed between the 51.74 range low and the 52.17 range high, with RSI(14) neutral near 51 and price sitting on EMA20/50.

Support: 51.739, 51.358, 51.178

Resistance: 52.17, 52.354

What it said to watch

  • M15 close above the 52.17 range high reopens the 52.354 pre-NFP high
  • Break of the 51.74 range low exposes the 51.358 post-NFP low, then the 51.18 Asia low
  • Fed's Bowman (17:15 UTC) and Daly (18:00 UTC) on December-hike odds could shift this read

17:04 UTC

Post-NFP recovery, stalling below 52.20 · RSI 51 · price 52.022

Higher lows off the NFP low, capped at the London high.

The NFP beat (165K vs 65K, hot wages) knocked silver from the 52.354 pre-NFP high to 51.358 in the first hour of NY. That drop held above the 51.178 Asian low. The rebound has retraced into the 61.8–78.6% zone of the NFP drop with higher lows stacking, but the 52.20 London high has capped repeated pushes. RSI(14) is neutral near 51.

Support: 51.844, 51.358, 51.178

Resistance: 52.20, 52.354

What it said to watch

  • M15 close above the 52.20 London high opens the 52.354 pre-NFP high
  • Break of the rising trendline and the 51.844 higher low returns focus to the 51.358 NFP low
  • Loss of the 51.358 NFP low exposes the 51.178 Asian low
  • Fed's Bowman (17:15 GMT) and Daly (18:00 GMT) on a December hike could materially shift this read

16:48 UTC

Flat after NFP whipsaw, momentum neutral · RSI 47 · price 51.922

Post-NFP V-recovery capped below 52.15, coiling 51.74–52.15.

The hot NFP print (165K vs 65K, wages 0.4% m/m) knocked silver off the 52.35 pre-NFP high to a 51.36 NFP low, which held above the 51.18 day low. The recovery stalled at the 52.15 post-NFP high, near the 78.6% of the NFP drop fib. Late in the NY session, after London close, price is coiling 51.74–52.15 on EMA20 with RSI(14) at 47 and ATR still elevated.

Support: 51.74, 51.36, 51.18

Resistance: 52.15, 52.35

What it said to watch

  • M15 close above the 52.15 post-NFP high reopens the 52.35 pre-NFP high
  • Failure to hold the 51.74 swing low exposes the 51.36 NFP low and the 51.18 day low
  • Fed's Bowman (17:15 GMT) and Daly (18:00 GMT) could shift this read if they endorse a December hike

16:32 UTC

Post-NFP rebound, compressing in day range · RSI 51 · price 52.045

Higher lows since NFP low, capped below post-NFP high inside 51.18–52.35 range.

The NFP beat (165K vs 65K, hot wages) knocked silver from the 52.35 pre-NFP high to an NFP low at 51.38. That low held above the 51.18 Asian low, and about 68% of the drop has been retraced during NY hours. Post-NFP lows are stepping higher at the 51.74 higher low, with price compressing under the 52.15 post-NFP high near London close. RSI(14) is neutral near 51 and ATR(14) is about 285 pips.

Support: 51.74, 51.38, 51.18

Resistance: 52.15, 52.35

What it said to watch

  • M15 close above the 52.15 post-NFP high exposes the 52.35 pre-NFP high and day-range top
  • Break of the 51.74 higher low negates the post-NFP lows trendline and reopens the 51.38 NFP low
  • Loss of the 51.18 Asian low breaks the day range to the downside
  • Fed Bowman (17:15 GMT) and Daly (18:00 GMT) could materially shift this read after the hawkish payrolls

16:17 UTC

Sideways, post-NFP whipsaw · RSI 50 · price 51.912

NFP flush below London range reclaimed; lower high at 52.15 under 52.35, higher low at 51.74.

The hot NFP print (165K vs 65K) knocked silver from the 52.35 pre-NFP high to 51.38. The drop failed to hold below the London range, and the rebound stalled at 52.15, the post-NFP high and the 78.6% level of the NFP leg fib. Mid NY session, price sits near EMA20 around 51.91, between that high and the 51.74 higher low, with RSI(14) flat at 50.

Support: 51.739, 51.379, 51.178

Resistance: 52.152, 52.20, 52.354

What it said to watch

  • M15 close above the 52.15 post-NFP high and 52.20 london high reopens the 52.35 pre-NFP high
  • Loss of the 51.74 higher low exposes the 51.38 NFP low, then the 51.18 asian low
  • Bowman (17:15 GMT) and Daly (18:00 GMT) on December-hike odds could materially shift this read

16:04 UTC

Choppy intraday range, post-NFP lower high · RSI 46 · price 51.876

52.15 lower high under the 52.35 session high, holding above the 51.36 post-NFP low.

The pre-NFP spike above the London high to the 52.35 session high was a false break. The 165K payrolls beat then dropped silver to the 51.36 post-NFP low, and the rebound met rejection at the 52.15 rebound high, a lower high near the 78.6% retrace. Price is now about 51.88, at the 50% retrace and pinned between EMA20 and EMA50, with the pullback low at 51.74 the first support and the Asian low at 51.18 below.

Support: 51.74, 51.36, 51.18

Resistance: 52.15, 52.35

What it said to watch

  • Failure to hold the 51.74 pullback low exposes the 51.36 post-NFP low, then the 51.18 Asian low
  • An M15 close above the 52.15 rebound high breaks the lower-highs read and puts the 52.35 session high back in play
  • Bowman (17:15 GMT) and Daly (18:00 GMT) on December-hike conviction could materially shift this read

15:49 UTC

Post-NFP whipsaw, lower high in place · RSI 44 · price 51.826

NY range 51.38–52.35, price mid-range below EMAs.

The NFP beat (165K vs 65K, hot wages) hit right after a sweep of the London high to the 52.354 session high, flushing silver to a 51.379 post-NFP low in the first hour of NY. The rebound stalled at a 52.152 lower high and price is fading back toward 51.83, about 40% into the post-NFP rebound, with the 51.649 higher low the nearest test.

Support: 51.649, 51.379, 51.178

Resistance: 52.152, 52.354

What it said to watch

  • M15 close below the 51.379 post-NFP low exposes the 51.178 Asian low and the 51.25 pre-NFP area
  • Reclaim of the 52.152 lower high reopens the 52.354 session high and breaks the lower-high sequence
  • Loss of the 51.649 higher low returns price to the bottom of the post-NFP range
  • Fed's Bowman (17:15 GMT) and Daly (18:00 GMT) on December-hike conviction could materially shift this read

15:32 UTC

Range-bound, post-NFP two-way chop · RSI 48 · price 51.896

NFP flush held above Asian low; higher low at 51.65, rebound capped at 52.15.

The hot NFP print (165K vs 65K) knocked silver from the 52.35 pre-NFP high to 51.36 during the first hour of NY. The drop held well above the 51.18 Asian low and reversed back to 52.15, a false break of the London range low. Price is now fading from that rebound high and sits on EMA20 above the 51.65 higher low, with RSI(14) neutral near 48 and ATR(14) around 295 pips.

Support: 51.65, 51.36, 51.18

Resistance: 52.15, 52.35

What it said to watch

  • Failure to hold the 51.65 higher low reopens the 51.36 post-NFP low
  • A break of the 51.18 Asian low would mark a lower-low beneath the day's range
  • An M15 close above the 52.15 rebound high exposes the 52.35 pre-NFP high
  • Fed's Bowman (17:15 GMT) and Daly (18:00 GMT) could materially shift this read

15:17 UTC

Post-NFP V-recovery inside intraday range · RSI 54 · price 52.11

NFP flush below range floor reclaimed; higher low above session low.

The NFP beat (165K vs 65K) knocked silver from the 52.35 pre-NFP high through the 51.85 range floor to 51.36. That nfp low held above the 51.18 session low, a higher low on the rising trendline, and price has since retraced about 75% of the NFP drop. It is now retesting the 52.20 London high during the London-NY overlap, with RSI(14) mid-50s and ATR near 290 pips after the release spike.

Support: 51.85, 51.36, 51.18

Resistance: 52.20, 52.35

What it said to watch

  • M15 close back below the 51.85 range floor turns the NFP reclaim into a false break
  • M15 close above the 52.20 London high exposes the 52.35 pre-NFP high
  • Loss of the 51.36 NFP low breaks the higher-lows line and puts the 51.18 session low back in play
  • Fed's Bowman (17:15 GMT) and Daly (18:00 GMT) on December hike pricing could materially shift this read

15:04 UTC

Intraday range, post-NFP rebound · RSI 47 · price 51.927

Range 51.18–52.20; NFP spike low 51.38 held above Asian low, rebound capped at fib 61.8.

A pre-data poke above the 52.20 london high to 52.35 failed. The hot NFP print (165K vs 65K) then knocked silver to the 51.38 nfp low in the first hour of NY, holding above the 51.18 asian low. The rebound has stalled at the fib 61.8 near 52.00, leaving price mid-range just above EMA20/50 with RSI(14) neutral near 47.

Support: 51.38, 51.18

Resistance: 52.00, 52.20, 52.35

What it said to watch

  • Michigan sentiment and 1y/5y inflation expectations (15:00 UTC, due now) could materially shift this read
  • M15 close above the fib 61.8 at 52.00 opens the 52.20 london high, then the 52.35 pre-nfp high
  • Failure to hold the 51.38 nfp low exposes the 51.18 asian low and the rising lows trendline; a break there ends the range read
  • Fed's Bowman (17:15 UTC) and Daly (18:00 UTC) on December hike pricing

14:47 UTC

Post-NFP selloff, early rebound · RSI 47 · price 51.847

Higher low above Asian low; retracing the NFP drop.

The hot NFP print (165K vs 65K, AHE 0.4%) drove silver from the 52.35 pre-NFP high to a 51.38 post-NFP low in the first hour of NY, putting in a higher low above the 51.18 Asian low. Price has since rebounded to the 50% fib of the NFP drop near 51.87, testing the old London range floor from below with RSI(14) neutral at 47.

Support: 51.751, 51.379, 51.178

Resistance: 52.00, 52.20, 52.354

What it said to watch

  • UoM sentiment and 1y/5y inflation expectations at 15:00 GMT could materially shift this read
  • A close back above the 52.00 round number, which sits at the 61.8% fib, puts the 52.20 London high and the 52.35 pre-NFP high back in view
  • Failure to hold the 38.2% fib at 51.75 reopens the 51.38 post-NFP low; a break there tests the rising lows line and the 51.18 Asian low
  • Fed's Bowman (17:15 GMT) and Daly (18:00 GMT) on a December hike could extend the NY session move

14:32 UTC

Downtrend since NFP, lower highs · RSI 37 · price 51.432

London range floor broken, price parked above the Asian low.

Silver spiked to a 52.354 pre-NFP high, then reversed on the hot payrolls print (165K vs 65K, AHE 0.4%). Four bars of post-NFP lower highs broke the 51.83 London range floor and set a 51.36 NY low, still above the 51.18 Asian low. RSI(14) is near 37, soft but not oversold, and ATR(14) has widened to about 255 pips after the release.

Support: 51.36, 51.18

Resistance: 51.83, 52.20, 52.354

What it said to watch

  • Failure to hold the 51.18 Asian low, also London's 07:30 UTC low, extends the post-NFP leg into fresh session lows
  • An M15 close back above the 51.83 range floor, near the 50% nfp drop fib, undercuts the breakdown read
  • Reclaiming the post-NFP lower highs trendline and the 52.20 london high would neutralise the release rejection; the 52.354 pre-nfp high sits above
  • UoM sentiment and inflation expectations at 15:00 UTC, then Bowman (17:15) and Daly (18:00 UTC), could materially shift this read

14:17 UTC

Downtrend, post-NFP leg lower · RSI 39 · price 51.505

London advance erased; NFP low under retest.

The hot NFP print (165K vs 65K, AHE 0.4%) pushed silver from the 52.35 pre-nfp high to 51.45 in one bar, erasing the London advance. The bounce to 51.97 faded and price is back testing the nfp low early in the NY session, with the asian low at 51.18–51.20 the next floor below. RSI(14) is near 39 and ATR runs about 250 pips.

Support: 51.45, 51.18

Resistance: 51.83, 52.35

What it said to watch

  • M15 close below the 51.45 nfp low exposes the 51.18 asian low, the double low from the Asia session
  • Recovery above the 51.83 london low would make the NFP spike a rejection rather than a lower-low
  • UoM sentiment and inflation expectations at 15:00 GMT, then Bowman 17:15 and Daly 18:00, could extend or reverse the post-NFP move
  • Only a reclaim of the 52.35 pre-nfp high would undo the post-nfp retrace

14:04 UTC

Rangebound, turning lower after NFP · RSI 44 · price 51.783

London range 51.83–52.20 broken lower post-NFP, early NY.

The NFP beat (165K vs 65K, wages 0.4% m/m) whipsawed silver from a 52.354 nfp high to a 51.447 nfp low. The long lower wick was rejected, but the 13:45 close settled below the london low at 51.826, ending the 51.83–52.20 London range. Early NY is holding near 51.78, below EMA20 and EMA50, with ATR expanded to roughly 240 pips.

Support: 51.447, 51.178

Resistance: 51.826, 52.20, 52.354

What it said to watch

  • Recovery and close back above the london low at 51.826 would mark the break as a false break and reopen the range
  • Failure to hold the 51.447 nfp low exposes the 51.178 asian low and the 51.25 area defended overnight
  • Michigan sentiment and inflation expectations at 15:00 GMT, then Fed's Bowman at 17:15 GMT, could materially shift this read
  • A move above the london high at 52.20 and the 52.354 nfp high would negate the post-NFP spike structure

13:49 UTC

Intraday range after a two-way NFP whipsaw · RSI 48 · price 51.936

Back inside the 51.83–52.20 London range after the NFP spike swept both sides.

Silver slid to a 51.18 Asian low as USD firmed into NFP, then London lifted it into a 51.83–52.20 range. The NFP bar ran from a 52.354 session high to a 51.447 low, near the 76.4% level of the Asian low–session high fib, before closing back inside the London range with RSI(14) neutral at 48 and ATR expanding.

Support: 51.826, 51.447, 51.178

Resistance: 52.20, 52.354

What it said to watch

  • M15 close below the 51.83 London low reopens the 51.45 NFP low
  • Failure to hold the 51.45 NFP low exposes the 51.18 Asian low
  • M15 close above the 52.20 range top and 52.354 session high breaks the London range
  • NFP/AHE detail still filtering through; UoM sentiment and inflation expectations at 15:00 GMT could shift this read

13:32 UTC

Range-bound, NFP whipsaw · RSI 45 · price 51.844

London range 51.83–52.20 inside Asian range; NFP bar spiked below then reclaimed.

A double bottom at the 51.18 asian low lifted London into a 51.83–52.20 range, with a pre-nfp high at 52.35 just before the release. The 13:30 GMT NFP bar is still developing. It has whipsawed 52.19–51.45 and sits back on the london low, just below EMA20 and EMA50, as the USD stays firm on haven flows.

Support: 51.83, 51.45, 51.18

Resistance: 52.20, 52.35

What it said to watch

  • The 13:30 GMT NFP bar has not closed, so the false-break read is provisional until it does
  • M15 close below the 51.83 london low turns the spike into a range break toward the 51.45 nfp low
  • Failure at 51.45 exposes the 51.18 asian low and the 51.25 digest support
  • Reclaiming the 52.20 london high and 52.35 pre-nfp high restores the upper half of the range
  • UoM sentiment and inflation expectations at 15:00 GMT could reshape the post-NFP read

13:17 UTC

Intraday recovery stalled, flat into NFP · RSI 51 · price 52.069

London leg off the Asian low, now a tight 51.83–52.20 range.

London lifted silver off the 51.18 Asian low, through the Asian range high, to a 52.20 London high. Price has since compressed in a 51.83–52.20 range for four hours, with RSI(14) flat near 51 and price hugging EMA20. The range low sits on the 38.2% fib of the Asian low to London high leg, and haven USD firmness ahead of NFP has capped follow-through.

Support: 51.826, 51.178

Resistance: 52.20, 52.614

What it said to watch

  • US NFP at 13:30 GMT is minutes away (f/c 65K, AHE 0.3%) and could materially shift this read; ATR(14) near 170 pips understates a likely data spike
  • M15 close above the 52.20 London high breaks the range and opens the 52.61 NY swing high
  • Failure to hold the 51.83 range low and 38.2% fib exposes the 51.18 Asian low

13:04 UTC

Intraday recovery stalled, compressing into NFP · RSI 52 · price 52.043

Tight range 51.83–52.20 above the Asian-low double bottom.

London lifted silver off the 51.18 Asian low double bottom to a 52.20 london high. Price has since compressed in a 51.83–52.20 range above EMA20, with the range low holding near the 38.2% fib of that rally and RSI(14) flat at 52. The USD haven bid ahead of NFP has capped upside.

Support: 51.83, 51.18

Resistance: 52.20, 52.61

What it said to watch

  • US NFP at 13:30 GMT (f/c 65K) likely resolves the 51.83–52.20 range. Release volatility can far exceed the ~168-pip ATR.
  • M15 close above the 52.20 london high opens Thursday's NY swing high at 52.61.
  • Loss of the 51.83 range low and the 38.2% fib exposes the 51.18 asian low double bottom.

12:49 UTC

Recovery off Asian lows, flattening into NFP · RSI 49 · price 52.021

London range 51.83–52.20 above an Asian double bottom.

A double bottom at the 51.18 Asian low sparked a London rally that has met rejection three times at the 52.18–52.20 session high, with dips holding the 51.83 London low. Price is compressing around 52.02 just above rising support as the USD firms into NFP, RSI(14) neutral near 49.

Support: 51.83, 51.18

Resistance: 52.20, 52.61

What it said to watch

  • US NFP, AHE and unemployment at 13:30 GMT (within the hour) could materially shift this read; ATR ~150 pips will likely expand
  • M15 close above the 52.20 session high breaks the London range and opens the 52.61 prior swing
  • Failure to hold the 51.83 London low breaks rising support and puts the 51.18 Asian low back in play
  • London rally fib: a pullback beyond the 61.8% near 51.57 would undo most of the recovery

12:32 UTC

Intraday recovery, stalling at session high · RSI 54 · price 52.136

London double bottom, higher low at 51.83, price testing 52.20 cap.

A London-open double bottom at the 51.18–51.19 session low, a shallow sweep under the Asian 51.24 low, drove a rally to the 52.20 session high. The pullback held a higher low at 51.83 near the 38.2% retrace, and price is back pressing 52.20 ahead of NFP. RSI(14) is neutral in the mid-50s and ATR is about 150 pips.

Support: 51.826, 51.178

Resistance: 52.20, 52.986

What it said to watch

  • M15 close above the 52.20 session high clears the Asian range top and opens the path to the 52.99 prior high from Thursday's NY session
  • Loss of the 51.83 higher low breaks the London rising trendline and reopens the 51.18 session low
  • US NFP at 13:30 GMT (f/c 65K, AHE 0.3%, UR 4.2%) in about an hour could materially shift this read; Michigan sentiment follows at 15:00 GMT

12:17 UTC

Recovering from Asian low, stalling into NFP · RSI 46 · price 52.001

Double bottom 51.18–51.20; London range 51.83–52.20 with a lower high.

Silver put in a double bottom at the 51.18 asian low before London open. It then rallied about 100 cents to a 52.20 london high, marginally clearing the Asian range top, but was rejected. Since then it has chopped between the 51.83 pullback low, near the 38.2% fib, and a 52.175 lower high into the 13:30 GMT NFP, with RSI(14) neutral and price just above EMA20.

Support: 51.826, 51.178

Resistance: 52.20, 52.986

What it said to watch

  • US October NFP at 13:30 GMT (f/c 65K) with AHE and unemployment can break the 51.83–52.20 range in either direction
  • Close above the 52.20 london high reopens the 52.986 prior high
  • Loss of the 51.83 pullback low breaks the rising support from the London-open low and exposes the 51.18 asian low
  • Michigan sentiment and inflation expectations at 15:00 GMT are a second catalyst

12:04 UTC

Recovering intraday, flat into NFP · RSI 51 · price 51.992

Double bottom at 51.18–51.19, London range 51.83–52.20.

A double bottom at the 51.19 asian low (51.178 and 51.193) fed a London-open push through the 52.16 Asian high to a 52.20 session high. Since then silver has held a tight 51.83–52.20 range. The london low sits on the 38.2% retracement and keeps the rising lows intact, with RSI(14) mid-range ahead of the NFP release.

Support: 51.83, 51.19

Resistance: 52.20, 52.60

What it said to watch

  • M15 close above the 52.20 session high breaks the London range and exposes the 52.60 prior swing
  • Failure to hold the 51.83 london low and the rising lows line reopens the 51.19 asian low
  • US NFP at 13:30 GMT (f/c 65K) plus AHE and unemployment likely to resolve the range; the 135-pip ATR understates post-release ranges
  • Michigan sentiment and UoM inflation expectations at 15:00 GMT could extend or reverse the NFP move

11:47 UTC

Intraday recovery, higher lows · RSI 58 · price 52.127

Higher low at 51.83 under 52.20 session high.

London lifted silver off a 51.18/51.19 double bottom at the asian low to a 52.20 session high, briefly clearing the 52.16 Asian range top. The pullback held a swing low at 51.83, near the 38.2% of the London rally fib. Price is back at 52.12 with RSI(14) near 58 ahead of US NFP, with the firm dollar keeping the pre-data tone choppy.

Support: 52.00, 51.826, 51.178

Resistance: 52.20, 52.614

What it said to watch

  • M15 close above the 52.20 session high opens the 52.61 prior high
  • Holding the 52.00 round number keeps the rising support line from 51.19 intact
  • Loss of the 51.83 swing low breaks the higher-low sequence and exposes the 51.18 asian low
  • US NFP and AHE at 13:30 GMT could materially shift this read; ATR(14) near 150 pips is likely to expand

11:32 UTC

Intraday rebound, momentum fading · RSI 58 · price 51.999

Lower highs below 52.20 session high; pullback holding 38.2% fib.

An early-Europe sweep of the 51.24 Asian low printed a 51.18 europe low. A double bottom with 51.19 then fed a London rally to a 52.20 session high, just through the 52.16 Asian high, where price met rejection. Since then a lower-high drift (52.16, then the 52.08 lower high) has pulled price back to a 51.83 pullback low at the 38.2% fib as the USD firmed into NFP; RSI(14) is 58 and ATR is about 165 pips.

Support: 51.83, 51.69, 51.18

Resistance: 52.08, 52.20

What it said to watch

  • M15 close above the 52.20 session high breaks the lower-high sequence
  • Failure to hold the 51.83 pullback low opens the 50% fib at 51.69
  • Loss of 51.69 puts the 51.18 europe low back in play
  • US October NFP at 13:30 GMT (f/c 65K, AHE 0.3% m/m) could materially shift this read; wages are the swing factor

11:17 UTC

Intraday pullback after London rally, momentum neutral · RSI 55 · price 51.869

Lower highs off 52.20 session high, holding above double-bottom neckline.

A double bottom at 51.18–51.19 late in the Asian session launched a London breakout through the 51.615 neckline and the Asian range top, capped at the 52.20 session high. Since then a chain of lower highs, set as the USD firmed into NFP, has pulled price back to 51.87, sitting on EMA20 near the 38.2% retracement, with the 51.826 pullback low the nearest floor.

Support: 51.826, 51.615, 51.178

Resistance: 52.00, 52.20

What it said to watch

  • Close below the 51.826 pullback low opens the 51.615 neckline / 61.8% retracement zone
  • Break of the pullback line and the 52.00 round number reopens the 52.20 session high
  • Loss of the 51.18 asian low negates the double bottom
  • US NFP at 13:30 GMT (f/c 65K, AHE 0.3%) could materially shift this read

11:04 UTC

Intraday rebound fading, momentum neutral · RSI 50 · price 51.887

Lower highs off 52.20 london high, holding above 51.18 asian low.

Silver put in a double bottom at the 51.18 asian low and rallied at London open to 52.20, where the london high stalled just above the Asian range top. Price has since printed a run of lower highs and slipped back to 51.88 as the dollar firms into NFP. RSI(14) is flat near 50 and price sits marginally above EMA20.

Support: 51.69, 51.18

Resistance: 52.20, 52.61

What it said to watch

  • US NFP, AHE and unemployment at 13:30 GMT could materially shift this read
  • A close below the 51.69 fib 50% level puts the 51.18 asian low back in focus
  • A close below 51.18 breaks the double bottom and the Asian range floor
  • A recovery above the 52.20 london high reopens the 52.61 ny swing from late Thursday

10:47 UTC

Intraday rebound, stalling below 52.20 · RSI 57 · price 51.949

Double bottom at the Asian low, then lower highs under the 52.20 london high.

London turned higher off a 51.18/51.19 double bottom at the asian low and cleared the 51.71 neckline. The move ran to the 52.20 london high, poking above the 52.16 Asian high before slipping back inside. Price is now compressing between the 51.89 pullback low and 52.20 as the dollar firms into NFP. It is holding just above the ema20 near 51.87, with RSI(14) neutral at 57.

Support: 51.891, 51.709, 51.178

Resistance: 52.20, 52.614

What it said to watch

  • Break of the 51.89 pullback low exposes the 51.71 neckline and 50% of the London leg fib near 51.69
  • M15 close above the 52.20 london high turns the Asian-high poke into a breakout and opens the 52.61 prior swing
  • US NFP at 13:30 GMT (f/c 65K) plus AHE and unemployment could break the 51.89–52.20 box; a strong print puts the 51.18 asian low back in play
  • Michigan sentiment and inflation expectations at 15:00 GMT are a second catalyst after payrolls

10:32 UTC

Intraday recovery, momentum stalling · RSI 61 · price 52.01

Double bottom at 51.18, then a 51.89–52.20 consolidation with lower highs.

Asia bottomed twice at 51.18–51.19, the asian low. The London open lifted price through the Asian range high near 52.16 to a 52.20 session high, but it could not hold above it. Since then price has drifted into a tight 51.89–52.20 box with lower highs. RSI(14) is cooling to ~61 and price holds above EMA20 as the dollar firms into NFP.

Support: 51.89, 51.81, 51.18

Resistance: 52.20, 52.61

What it said to watch

  • M15 close below the 51.89 session low exposes the fib 38.2 of the London leg at 51.81
  • M15 close above the 52.20 session high opens the path to the 52.61 prior swing
  • US NFP (f/c 65K) and AHE at 13:30 GMT could materially shift this read; failure to hold the 51.18 asian low would confirm a lower-low

10:17 UTC

Intraday recovery, stalling below London high · RSI 59 · price 52.009

Double bottom at 51.18–51.19, London breakout to 52.20 now pulling back.

London lifted silver off a double bottom at the 51.18 Asian low, breaking out through 51.70 and briefly above the 52.16 Asian high. The push stalled at the 52.20 London high and price has slipped back to 52.01 ahead of NFP, with the 51.95 pullback low holding so far; RSI(14) is near 59 and ATR(14) about 200 pips.

Support: 51.95, 51.70, 51.18

Resistance: 52.16, 52.20

What it said to watch

  • M15 close back above the 52.20 London high reclaims the Asian high and extends the higher-high sequence
  • Loss of the 51.95 pullback low exposes the 51.70 breakout base, near the 50% London leg fib at 51.69
  • Break below the 51.18 Asian low negates the double bottom
  • US NFP, AHE and unemployment at 13:30 GMT, then Michigan sentiment at 15:00 GMT, could materially shift this read

10:05 UTC

Intraday rebound, stalling below 52.20 · RSI 63 · price 52.048

Double bottom at 51.18, higher low at 51.98, tight 52.00–52.20 box mid-London.

Silver held a double bottom at the 51.18 London low and rallied roughly 1,000 pips to a 52.20 session high. That briefly cleared the 52.16 Asian high before stalling; RSI(14) is near 63. Price is compressing between the 51.98 pullback low and 52.20 into NFP at 13:30 GMT, with the USD bid still capping follow-through.

Support: 51.98, 51.69, 51.18

Resistance: 52.16, 52.20, 52.99

What it said to watch

  • M15 close above the 52.20 session high and 52.16 Asian high clears the Asian range top and opens the 52.99 prior high
  • Loss of the 51.98 pullback low exposes the fib 50% retracement at 51.69
  • US NFP at 13:30 GMT (f/c 65K) and AHE could materially shift this read
  • Break back below the 51.18 London low voids the double bottom

09:47 UTC

Rebounding off Asian lows, stalling at session high · RSI 62 · price 52.063

Double bottom at 51.18–51.19, marginal poke above Asian high now fading.

London lifted silver off a 51.18–51.19 double bottom at the Asian low to a 52.20 London high, a marginal break of the 52.16 Asian high that is fading toward the 51.98 pullback low. RSI(14) has cooled to ~62, and price is drifting back inside the Asian range with NFP ahead.

Support: 51.98, 51.70, 51.18

Resistance: 52.20, 52.61

What it said to watch

  • M15 close above the 52.20 london high turns the poke into a range break; 52.61 swing high is the next pivot
  • Loss of the 51.98 pullback low exposes the fib 50% of the London leg near 51.70
  • Break of the 51.18 asian low voids the double bottom read
  • US NFP at 13:30 GMT (f/c 65K) could materially reset this structure

09:32 UTC

Intraday rebound, stalling at highs · RSI 68 · price 52.094

Double bottom at 51.18–51.19, break of Asian high, tight hold below 52.20.

Silver reversed from a double bottom at the 51.18 Asian low and rallied through London, clearing the Asian high (52.16) and stalling at the 52.20 session high. The last five bars have compressed in a 52.07–52.20 range with RSI(14) near 68, holding the 51.89 pullback low despite the firmer pre-NFP USD tone.

Support: 51.892, 51.702, 51.178

Resistance: 52.20, 52.614, 52.986

What it said to watch

  • Fed's Williams at 09:30 GMT, during the current bar, could shift this read immediately
  • NFP at 13:30 GMT (f/c 65K): ATR near 210 pips understates likely release volatility
  • Close above the 52.20 session high opens the prior swing at 52.61, then yesterday's NY high at 52.99
  • Loss of the 51.89 pullback low puts the 51.70 breakout bar and the 51.81 fib 38.2% back in play
  • A return below the 51.18 Asian low voids the double bottom read

09:17 UTC

Intraday rebound, stalling at session high · RSI 70 · price 52.131

Double bottom at 51.18 resolved higher, tight range under 52.20.

London open lifted silver off a double bottom at the 51.18 session low. It cleared the 51.71 neckline and the 52.00 psych level and printed a 52.20 session high, just above the Asian range top, despite the digest's pre-NFP USD firmness. RSI(14) is near 70 and bars are compressing at 52.12–52.20 ahead of Williams and NFP.

Support: 52.00, 51.71, 51.18

Resistance: 52.20, 52.61

What it said to watch

  • M15 close above the 52.20 session high extends the breakout toward the 52.61 swing high
  • Loss of the 52.00 psych level and the rally trendline exposes the 51.71 neckline
  • Break back below the 51.18 session low negates the double bottom
  • Fed's Williams at 09:30 GMT and NFP at 13:30 GMT (f/c 65K) could materially shift this read

09:04 UTC

Intraday recovery, testing Asian range top · RSI 70 · price 52.157

Double bottom at 51.18–51.19, neckline broken, higher lows into London.

London defended the Asian low at 51.18 with a matching 51.19 low, then cleared the 51.62 neckline and ran about 1,000 pips straight into the Asian high at 52.18. RSI(14) is near 70 and the last two bars are stalling at that level ahead of Williams and NFP.

Support: 51.94, 51.62, 51.18

Resistance: 52.18, 52.61, 52.99

What it said to watch

  • M15 close above the 52.18 Asian high opens the 52.61 swing high, with the 52.99 prior high beyond
  • Failure to hold the 51.94 fib 23.6 turns the 52.18 test into a rejection
  • Loss of the 51.62 neckline negates the double bottom and puts the 51.18 Asian low back in play
  • Fed's Williams at 09:30 GMT and NFP at 13:30 GMT (f/c 65K) could materially shift this read

08:47 UTC

Intraday rebound off 51.18, testing session high · RSI 65 · price 52.086

Double bottom at 51.18–51.19, 51.66 neckline cleared; capped at 52.16–52.18 Asian/session high.

Early London lifted silver off a 51.18–51.19 double bottom through the 51.66 neckline. The move ran to the 52.18 session high, just above the 52.16 Asian high, despite the firmer pre-NFP USD tone. RSI(14) near 65 is firm but not stretched, and price is pausing just under that session high.

Support: 51.66, 51.18

Resistance: 52.18, 52.61

What it said to watch

  • M15 close above the 52.18 session high clears the Asian range top and opens the path to the 52.61 prior swing
  • Close back below the 51.66 neckline, near the 50% fib of the London rally, undercuts the double bottom read
  • Loss of the 51.18 double btm low puts the 51.25 Asian support area in the rear-view
  • Fed's Williams at 09:30 GMT and US NFP at 13:30 GMT (f/c 65K) could materially shift this read

08:32 UTC

Rebound off session lows, stalling at range top · RSI 61 · price 51.934

Inside Asian range 51.18–52.17 after double bottom; upper-range rejection.

Buyers defended the 51.18–51.20 Asian low twice into London open. The rally that followed poked just above the 52.17 Asian high and was rejected back to 51.93, under the 52.00 psych level. Price is back above EMA20/50 with RSI(14) near 61, though the digest flags pre-NFP USD demand capping recent silver rallies.

Support: 51.71, 51.18

Resistance: 52.00, 52.17

What it said to watch

  • M15 close above the 52.17 asian high and 52.00 psych invalidates the rejection read
  • Failure to hold the 51.71 breakout pt puts the 51.18 asian low / double bottom back in play
  • A break of 51.18 confirms a lower low below the Asian range
  • Fed's Williams at 09:30 GMT and NFP at 13:30 GMT could materially shift this read

08:18 UTC

Downtrend, intraday bounce from Asian low · RSI 56 · price 51.826

Lower highs since Thursday NY; double bottom 51.18–51.20, Asian downtrend line broken in early London.

London open retested the Asian low at 51.18–51.20 and held, forming a double bottom. Price then broke the Asian downtrend line and the 51.62 prior cap and is back above the ema50 near 51.75, testing the 61.8% retrace of the Asian range. RSI(14) sits mid-range at ~56 despite the firmer pre-NFP USD.

Support: 51.75, 51.615, 51.178

Resistance: 52.00, 52.159

What it said to watch

  • An M15 close back below the 51.62 prior cap negates the downtrend line breakout
  • Loss of the 51.18 asian low confirms a lower low and resumes the downtrend
  • A close above the 52.00 round number opens the path to the 52.16 asian high
  • Fed's Williams at 09:30 GMT and NFP at 13:30 GMT (f/c 65K) could materially shift this read

08:04 UTC

Downtrend, bouncing off Asian low · RSI 53 · price 51.631

Lower highs from 52.16 Asian high; double bottom forming at 51.18–51.19.

Silver printed a double bottom at 51.18–51.19 near the Asian low, where demand stepped in again, and rallied into London open. Price is now at the 50% retrace of the Asian range near 51.67, just under the 51.71 swing high, with RSI(14) near 53. Pre-NFP USD firmness has kept the move inside the Asian range, below the 52.16 Asian high.

Support: 51.178

Resistance: 51.709, 52.159

What it said to watch

  • A close above the 51.71 swing high completes the double bottom and opens 52.00–52.16, the Asian high.
  • Failure to hold the 51.39 minor low, then the 51.18 Asian low, reasserts the downtrend.
  • Fed's Williams at 09:30 GMT and US NFP at 13:30 GMT could materially shift this read.

07:47 UTC

Intraday downtrend, compressing above base · RSI 45 · price 51.413

Lower highs into flat 51.18–51.24 Asian low base.

Thursday's NY session reversed hard from 53.12 to 51.57 as USD and yields rebounded. Asia's brief push to the 52.16 Asian high faded into a sequence of lower highs, the latest at 51.62. Early London is pressing the flat 51.18–51.24 Asian low base, RSI(14) near 45 and price under both EMAs.

Support: 51.18, 51.00

Resistance: 51.62, 52.16

What it said to watch

  • M15 close below the 51.18 Asian low confirms a lower-low and opens the 51.00 round number
  • Close above the 51.62 lower high breaks the descending lower-highs line and the compression read
  • Fed Williams at 09:30 UTC could shift the read on hike pricing
  • US NFP at 13:30 UTC (f/c 65K) is the main risk to this structure; a strong beat pressures the Asian low base, a miss reopens 52.16

07:32 UTC

Downtrend, lower highs intact · RSI 41 · price 51.23

Lower-high sequence from Asian high, retesting session low.

Silver has printed lower highs since the 52.159 Asian high, dipping below the early-Asia low near 51.24 to a 51.178 session low before stalling twice at the 51.615 lower high. Price is back at the 51.18–51.24 floor around London open as the USD firms into NFP.

Support: 51.178, 51.00

Resistance: 51.615, 52.159

What it said to watch

  • M15 close below the 51.178 session low extends the lower-low chain toward the 51.00 round number
  • Close above the 51.615 lower high breaks the descending sequence and puts the 52.159 asian high back in view
  • Fed's Williams at 09:30 UTC and NFP at 13:30 UTC (f/c 65K) could materially shift this read

07:18 UTC

Downtrend, lower highs through Asia · RSI 43 · price 51.397

Lower-high chain from 52.16; bounce off 51.18 capped at 51.61.

Late Asia, ahead of London open. Silver has printed lower highs since the 52.16 Asian high as the USD rebuilds on hike bets. A sweep below the 51.24 overnight low to the 51.18 Asian low drew a bounce, but supply capped it twice at the 51.61 lower high (near the 50% fib). Price is back under EMA20 near 51.52 and testing the 51.35 swing low, with RSI(14) at 43.

Support: 51.354, 51.178

Resistance: 51.615, 52.159

What it said to watch

  • M15 close above the 51.61 lower high and the descending trendline breaks the lower-high chain
  • Failure to hold the 51.35 swing low and then the 51.18 Asian low extends the lower-low sequence
  • Fed's Williams at 09:30 UTC and US NFP at 13:30 UTC (f/c 65K) could materially shift this read
  • Reclaim of the 52.16 Asian high would neutralise the intraday downtrend

07:04 UTC

Intraday downtrend, bouncing off session low · RSI 54 · price 51.594

Asian lower highs/lows from 52.16; micro higher lows off 51.18.

Asia stepped lower from the 52.16 asian high to a 51.18 asian low, where repeated tests near the 51.25 area drew a rejection. Into the European open, price has printed three higher lows and sits at the 38.2% retrace. The 51.66 swing high and 50% fib sit just overhead, ahead of Williams and NFP.

Support: 51.494, 51.178

Resistance: 51.662, 52.086, 52.159

What it said to watch

  • M15 close above the 51.66 swing high breaks the Asian lower-high sequence and exposes the 52.09 lower high
  • Loss of the 51.49 higher low, then the 51.18 asian low, would extend the downtrend
  • Fed's Williams at 09:30 UTC and NFP at 13:30 UTC (f/c 65K) could materially shift this read

06:47 UTC

Downtrend, lower highs through Asia · RSI 45 · price 51.531

Lower-high chain; session low swept, bounce stalling.

Silver carried yesterday's NY-session fade into Asia as the USD rebounded, printing lower highs from the 52.159 Asian high and sweeping the early-Asia 51.239 low to a 51.178 session low. The bounce stalled at a 51.614 lower high, near the 50% retracement of the 52.086–51.178 leg. RSI(14) is neutral at 45 into the London open.

Support: 51.178, 51.00

Resistance: 51.614, 52.159

What it said to watch

  • M15 close above the 51.614 lower high and the 50% retracement breaks the lower-high chain and puts the 52.159 Asian high back in view
  • Failure to hold the 51.178 session low extends the lower-low sequence toward the 51.00 round number
  • Fed's Williams at 09:30 UTC and US NFP/AHE at 13:30 UTC could materially shift this read

06:32 UTC

Downtrend, lower highs through Asia · RSI 43 · price 51.484

Lower-high chain from 52.16; lows holding 51.18–51.24.

Late in the Asia session, silver has printed lower highs from the 52.16 asian high. The 51.18 session low briefly swept the 51.24 late-NY low before a bounce stalled at the 51.62 swing high, between the 38.2% and 50% fib of the Asian decline. Price is back under the ema20 with RSI(14) near 43, tracking the firmer USD into NFP.

Support: 51.18, 51.00

Resistance: 51.52, 51.62, 52.16

What it said to watch

  • M15 close above the 51.62 swing high breaks the lower-high chain; 52.16 asian high then caps the session range
  • Failure to hold the 51.18 session low extends the lower-low sequence toward the 51.00 round number
  • Price holding below the ema20 at 51.52 keeps the intraday downtrend read intact
  • London open, Fed's Williams at 09:30 UTC and NFP at 13:30 UTC (f/c 65K) could materially shift this read

06:17 UTC

Downtrend, lows compressing · RSI 38 · price 51.435

Lower highs from 52.159 Asian high, marginal lower lows near 51.20.

Silver extended the post-NY slide through the Asia session as the USD and yields recovered, carving lower highs from the 52.159 Asian high and briefly sweeping the 51.239 prior low to a 51.178 session low before closing back above it. Into the London open, price at 51.435 is pressing the falling-highs line just under the 51.569 swing high, with both EMAs overhead and RSI(14) near 38.

Support: 51.239, 51.178

Resistance: 51.569, 51.662, 52.159

What it said to watch

  • M15 close above the 51.569 swing high and the falling-highs line breaks the lower-high chain; 51.662 lower high is the next cap
  • Acceptance below the 51.178 session low and 51.239 prior low confirms another lower-low leg
  • Only a reclaim of the 52.159 Asian high unwinds the session decline
  • Fed's Williams at 09:30 UTC and NFP at 13:30 UTC (f/c 65K) could materially shift this read

06:05 UTC

Intraday downtrend, lower highs intact · RSI 31 · price 51.215

Lower-high/lower-low chain since 52.16 Asian high, pressing Asian range low.

Late in the Asia session, the overnight bounce from the 52.16 Asian high has fully unwound through a chain of lower highs, capped by a falling trendline, as the USD recovery holds into NFP. Price is sitting on the 51.20 session low, a marginal undercut of the 51.24 Asian low with no follow-through yet. RSI(14) near 31 is soft but not at an extreme.

Support: 51.202, 51.00

Resistance: 51.569, 51.662, 52.159

What it said to watch

  • M15 close below the 51.20 session low extends the lower-low chain toward the 51.00 round number
  • Close above the 51.57 swing high breaks the lower-highs trendline; the 51.66 lower high and 52.16 Asian high come next
  • Fed's Williams at 09:30 UTC and US NFP at 13:30 UTC could materially shift this read

05:47 UTC

Intraday downtrend, lower highs through Asia · RSI 32 · price 51.423

Lower-high chain from 52.16 asian high; marginal sweep of 51.24 asian low.

Silver is grinding lower in late Asia on a chain of lower highs from the 52.16 asian high, with a marginal sweep of the 51.24 asian low to 51.23 that closed back above 51.40. Price sits below the descending lower-high trendline and yesterday's 51.57 ny low, which marked the bottom of the NY-session sell-off. Bounces are fading as the USD rebound continues ahead of NFP.

Support: 51.231, 51.00

Resistance: 51.574, 51.662, 52.159

What it said to watch

  • M15 close above the 51.57 ny low and the lower-high trendline breaks the descending sequence; 51.66 lower high and the 61.8% Asian range fib near 51.81 sit above
  • Acceptance below the 51.23 asian low confirms a lower-low and exposes the 51.00 round number
  • Fed's Williams at 09:30 UTC and US NFP at 13:30 UTC (f/c 65K, AHE 0.3%) could materially shift this read

05:32 UTC

Intraday downtrend, lower highs through Asia · RSI 33 · price 51.344

Lower-high/lower-low chain from the 52.159 Asian high, now probing the Asian low.

Asia has printed a lower-high chain off the 52.159 Asian high (52.086, then 51.662), and price has just retested the 51.239 Asian low, setting a fresh session low at 51.231 as the USD firmed on a modest bounce in yields. Price sits below EMA20 and EMA50 with RSI(14) near 33, soft but not oversold, ahead of the London open.

Support: 51.231, 51.00

Resistance: 51.662, 52.159

What it said to watch

  • M15 close below the 51.231 session low extends the lower-low sequence toward the 51.00 round number
  • Close above the 51.662 lower high breaks the Asian lower-high chain
  • Fed's Williams at 09:30 UTC could shift USD and yields before NFP
  • US NFP at 13:30 UTC (f/c 65K) can materially reset this read in either direction

05:17 UTC

Intraday downtrend, lower highs · RSI 40 · price 51.423

Lower-high sequence inside the Asian range, near the range floor.

Late Asia session, and silver is drifting toward the floor of the Asian range (51.239–52.159), with lower highs at 52.086 and 51.662 as a modest yields bounce gives the USD a mild bid. The bounce to the 51.662 swing high was rejected at the 38.2% retrace of the Asian high-to-low leg. Price is holding just above the 51.354 swing low with RSI(14) near 40.

Support: 51.354, 51.239

Resistance: 51.662, 52.086, 52.159

What it said to watch

  • Failure to hold the 51.354 swing low exposes the Asian low at 51.239; a break there extends the lower-low sequence
  • M15 close above the 51.662 swing high breaks the lower-high chain and brings 52.086 and the 52.159 Asian high into view
  • Fed's Williams at 09:30 UTC and US NFP at 13:30 UTC (f/c 65K) could materially shift this read

05:04 UTC

Downtrend, lower highs since Asian high · RSI 43 · price 51.55

Lower highs below 52.16, price in lower half of Asian range.

Silver dropped from 53.12 to 52.02 at the NY open yesterday as the USD and yields recovered. In Asia it dipped to 51.24, rebounded to 52.16, then printed lower highs at 52.08–52.06 under the falling trendline before sliding to a 51.35 swing low. Late Asia shows a shallow bounce to 51.55, just above the 23.6% fib of the 52.09–51.35 leg, with price below both EMAs and RSI(14) near 43.

Support: 51.354, 51.239

Resistance: 51.85, 52.08, 52.159

What it said to watch

  • Close below the 51.35 swing low exposes the 51.24 Asian low, the digest's $51.25 support
  • Close above the trendline near 51.85 and the 52.08 swing high breaks the lower-high sequence and puts the 52.16 Asian high back in play
  • Fed's Williams at 09:30 UTC, then NFP at 13:30 UTC (f/c 65K), could materially shift this read

04:47 UTC

Intraday downtrend, momentum fading · RSI 43 · price 51.471

Lower highs from 52.086, compressing above 51.354 in the lower Asian range.

Late in the Asia session, silver is pinned in the lower third of the Asian range (51.239–52.159). A steady lower-high sequence from 52.086 has stalled above the 51.354 session low, with bars compressing near 51.47. That extends Thursday's NY fade from 52.986 as the USD and yields recovered. RSI(14) near 43 shows no extreme ahead of Williams and NFP.

Support: 51.354, 51.239

Resistance: 51.754, 52.086, 52.159

What it said to watch

  • Break of the 51.354 session low exposes the 51.239 asian low ($51.25 support). Losing it confirms a lower-low outside the Asian range.
  • A close above the 51.754 swing high, between the 50% and 61.8% fib of the lower high leg, breaks the lower-high chain. The 52.086 lower high and 52.159 asian high sit above.
  • Fed's Williams at 09:30 UTC and NFP at 13:30 UTC (f/c 65K) could materially shift this read.

04:32 UTC

Downtrend, grinding lower into late Asia · RSI 38 · price 51.411

Lower highs inside the Asian range, pressing the range floor.

Silver has held lower highs since the NY-hours slide from 53.12, as the USD and yields recovered, with the Asian range set at 51.239–52.159. The bounce was rejected at the 52.086 lower high and price has bled back below the 51.615 breakdown point to a fresh session low at 51.354. RSI(14) is near 38, soft but not stretched.

Support: 51.354, 51.239

Resistance: 51.615, 52.086, 52.159

What it said to watch

  • Failure to hold the 51.239 asian low (near the digest's $51.25 support) extends the lower-low sequence
  • An M15 close back above 51.615 breakdown level slows the slide; a close above the 52.086 lower high breaks the lower-highs trendline read
  • Asian high at 52.159 caps the session range
  • Fed's Williams at 09:30 UTC and US NFP at 13:30 UTC could materially shift this read

04:17 UTC

Intraday downtrend, lower highs · RSI 37 · price 51.387

Lower highs from asian high, testing session low.

Late in the Asia session, silver has printed a chain of lower highs off the 52.159 Asian high, with the 52.086 lower high capping the bounce. Price is now pressing the 51.354 session low, back below Thursday's 51.574 NY low, as the USD steadies into NFP. RSI(14) sits near 37, not oversold.

Support: 51.354, 51.239

Resistance: 51.574, 52.086, 52.159

What it said to watch

  • Failure to hold the 51.239 asian low confirms a lower-low and exposes 51.00
  • Recovery back above the 51.574 ny low and the lower-highs trendline near 52.06 would neutralise the downside sequence
  • Fed's Williams at 09:30 UTC and NFP at 13:30 UTC could materially shift this read; ATR near 283 pips already elevated

04:03 UTC

Downtrend, lower highs through Asia · RSI 36 · price 51.436

Lower highs from 52.159, pressing session low.

Late Asia session: silver has faded from the 52.159 Asian high in a lower-highs sequence and is pressing the 51.387 session low, with RSI(14) near 36 and price under both EMAs. The 51.239 Asian low, the $51.25 support flagged into NFP, sits just below as USD steadies after Thursday's NY sell-off from 53.12.

Support: 51.387, 51.239

Resistance: 51.912, 52.159

What it said to watch

  • M15 close below the 51.239 asian low extends the lower-low chain
  • Recovery above the 51.912 lower high breaks the Asian fade sequence; 52.159 asian high above that
  • Fed's Williams at 09:30 UTC and NFP at 13:30 UTC (f/c 65K) could materially shift this read

03:47 UTC

Intraday downtrend, lower highs · RSI 39 · price 51.482

Lower highs and lows inside the Asian range, price in its lower third.

Late Asia session: silver has printed lower highs from the 52.159 Asian high via 52.086 and slid to a fresh swing low at 51.387. The 51.239 Asian low, the digest's $51.25 support, sits just below. RSI(14) is near 39 with price under both EMAs, so momentum is soft but not stretched as positioning stays light ahead of NFP.

Support: 51.387, 51.239

Resistance: 52.086, 52.159

What it said to watch

  • M15 close below the 51.239 Asian low extends the lower-low sequence out of the Asian range
  • Hold of the 51.387 swing low with a reclaim of the 52.086 lower high breaks the lower-highs trendline
  • Acceptance above the 52.159 Asian high would invalidate the intraday downtrend read
  • Fed's Williams at 09:30 UTC and US NFP at 13:30 UTC (f/c 65K) could materially shift this read

03:32 UTC

Intraday down, lower highs in Asia · RSI 41 · price 51.589

Inside Asian range, lower highs pressing range lows.

Late in the Asia session, price has slipped back to Thursday's NY low at 51.57, which is also the 61.8% retrace of the Asian swing, after the 52.16 Asian high and the 52.08 double cap held rebounds. The 51.24–52.16 Asian range is intact, and RSI(14) at 41 shows compression as trade waits on Williams and NFP.

Support: 51.574, 51.473, 51.239

Resistance: 51.912, 52.08, 52.159

What it said to watch

  • M15 close below the 51.47 swing low exposes the asian low at 51.24, the digest's $51.25 support
  • Recovery through the 51.91 lower high and the 52.08 double cap breaks the lower-highs sequence
  • Asian high 52.16 is the range top; acceptance above it ends the compression read
  • Fed's Williams at 09:30 UTC and NFP at 13:30 UTC (f/c 65K) could materially shift this read

03:17 UTC

Downtrend, compressing in late Asia · RSI 48 · price 51.727

Lower highs vs higher lows inside the 51.24–52.16 Asian range.

Silver dropped from 53.45 into the first hour of NY as the USD and yields recovered. It then printed a 51.24 Asian low before rebounding. Late Asia has compressed into a pennant between lower highs near 52.08 and higher lows near 51.65, with RSI(14) neutral at 48 and price below both EMAs.

Support: 51.65, 51.47, 51.24

Resistance: 52.08, 52.16, 52.56

What it said to watch

  • Failure to hold the higher lows at 51.65 reopens the 51.47 asian swing and the 51.24 Asian low.
  • A close above the lower highs at 52.08 and the 52.16 Asian high breaks the compression, exposing the 52.56 NY swing high.
  • Fed's Williams at 09:30 UTC and NFP at 13:30 UTC (f/c 65K) could materially shift this read.

03:04 UTC

Downtrend, pausing in Asian range · RSI 49 · price 51.847

Lower highs from 52.99; Asia range 51.24–52.16 with rising lows.

Silver's NY-session slide on the USD/yield recovery ran from the 52.99 swing high to a 51.24 Asian low. Asia has since ranged 51.24–52.16, with three rejections near 52.08 just under the 50% retrace of that drop, while rising Asian lows set a 51.47 higher low. Price sits mid-range at 51.85, below EMA20, with RSI(14) neutral near 49.

Support: 51.47, 51.24

Resistance: 52.16, 52.32

What it said to watch

  • M15 close above the 52.16 Asian high breaks the lower-high sequence and exposes the 52.32 fib 61.8 / pivot
  • Failure to hold the 51.47 higher low, then the 51.24 Asian low, resumes the lower-low chain
  • Fed Williams at 09:30 UTC and NFP at 13:30 UTC (f/c 65K) could materially shift this read; a firm print fits the prevailing lower-highs structure

02:47 UTC

Downtrend, compressing in Asia · RSI 49 · price 51.821

Lower highs since NY open; Asian range tightening, higher low vs lower high.

Silver stayed heavy after Thursday's NY-open drop from 53.12 as the claims beat firmed the USD. Asia broke below the 51.57 prior low to a 51.24 session low and reversed, a false break. Price now sits mid-range between a 51.47 higher low and a lower high at 52.08 under the 52.16 Asian high, with RSI(14) flat near 49 and price just under EMA20.

Support: 51.574, 51.473, 51.239

Resistance: 52.086, 52.159, 52.32

What it said to watch

  • M15 close below the 51.47 higher low breaks the Asian compression and exposes the 51.24 session low
  • M15 close above the 52.16 Asian high invalidates the lower-high read and opens the 52.32 pivot
  • Fed Williams at 09:30 UTC and NFP at 13:30 UTC (f/c 65K) could materially shift this read

02:32 UTC

Downtrend from Thursday, Asian rebound in progress · RSI 56 · price 52.057

Asian range 51.24–52.16, higher low at 51.47, price pressing range top.

Mid-Asia session, silver is holding a 51.24–52.16 range after Thursday's NY sell-off from 52.99, which followed the USD/yield recovery on the claims beat. A higher low at 51.47 has price back under the asian high, near the 50% retracement of that decline, with EMA50 overhead.

Support: 51.473, 51.239

Resistance: 52.159, 52.32, 52.56

What it said to watch

  • M15 close above the 52.16 asian high exposes the 52.32 61.8% fib and the 52.56 prior pivot
  • Loss of the 51.47 higher low returns focus to the 51.24 asian low
  • Fed's Williams at 09:30 UTC and NFP at 13:30 UTC (f/c 65K) could materially shift this read

02:17 UTC

Downtrend, compressing in Asia · RSI 49 · price 51.891

Lower highs from 52.99; higher low at 51.47 after the 51.24 sweep.

The NY session flush from 53.12, as USD and yields recovered after the claims beat, left a chain of lower highs from 52.99. Buyers stepped in after the post-reopen sweep low at 51.24, and the Asian range has since tightened between the 51.47 higher low and the 52.16 Asian high, which stalled near the 50% retrace. Price is sitting on EMA20 with RSI(14) near 49 and ATR around 300 pips.

Support: 51.473, 51.239

Resistance: 52.086, 52.159, 52.614

What it said to watch

  • An M15 close above the 52.16 Asian high breaks the lower-highs line and exposes the 52.61 swing high
  • Failure to hold the 51.47 higher low reopens the 51.24 sweep low
  • Fed's Williams at 09:30 UTC and NFP at 13:30 UTC (f/c 65K) are likely to resolve the Asian range

02:04 UTC

Intraday downtrend, pausing in Asia · RSI 46 · price 51.709

Lower highs since 52.986; Asian range 51.239–52.159 holding.

Silver remains capped by a lower-high trendline from 52.986 after the NY-session flush and the late-NY slide, as USD and yields recovered on firm US labour data. Mid-Asia, price sits in the lower half of the Asian range (51.239–52.159), with a 51.473 swing low and the 52.00 round number framing the session range.

Support: 51.473, 51.239

Resistance: 52.00, 52.159, 52.614

What it said to watch

  • Break below the 51.239 Asian low extends the lower-low sequence
  • M15 close above the 52.159 Asian high and the lower-high trendline challenges the downtrend read; 52.614 lower high is next
  • Hold of the 51.473 swing low keeps price ranging under the 52.00 round number
  • Fed's Williams at 09:30 UTC and NFP at 13:30 UTC (f/c 65K) could materially shift this read

01:47 UTC

Downtrend, early Asia ranging · RSI 47 · price 51.745

Lower highs from 53.45; Asian range 51.24–52.16.

Silver has stepped lower from the 53.45 Asia high as USD and yields recovered. The 14:30 UTC NY flush and the 52.99 lower high set a descending sequence that printed a fresh 51.24 Asian low after the reopen. Early Asia is now ranging below the 52.00 round number, with the 52.16 Asian high capping the bounce and the 51.47 swing low holding as a higher low.

Support: 51.473, 51.239

Resistance: 52.00, 52.159, 52.614

What it said to watch

  • Break below the 51.24 Asian low extends the lower-low sequence; a loss of the 51.47 swing low comes first
  • Close above the 52.16 Asian high clears the descending lower-high line and the 50% fib of the 52.99–51.24 drop
  • Acceptance back above the 52.61 lower high undoes the NY-session breakdown
  • Williams 09:30 UTC, then NFP and AHE at 13:30 UTC, could materially shift this read

01:32 UTC

Downtrend, lower highs intact · RSI 44 · price 51.633

Lower-high chain from 52.986; Asian range 51.239–52.159 in development.

Silver broke down at the NY open as the USD recovered, falling from 53.12 to 51.57, and every bounce since has printed a lower high under the falling trendline. In Asia, price swept to 51.239 and bounced, but supply capped the move at the 52.159 asian high above the 52.00 round number. The 01:15 swing low at 51.473 is now the nearest test, with RSI(14) neutral near 44.

Support: 51.473, 51.239

Resistance: 52.00, 52.159

What it said to watch

  • M15 close above the 52.159 asian high breaks the lower-high chain and the falling trendline
  • Loss of the 51.473 swing low puts the 51.239 asian low back in play; a break there extends the lower-low sequence
  • Repeated failure at the 52.00 round number keeps the Asian range top capped
  • Fed's Williams at 09:30 UTC and NFP at 13:30 UTC (f/c 65K) could materially shift this read

01:17 UTC

Downtrend, bounce stalling · RSI 48 · price 51.976

Lower highs from 53.12; Asian range 51.239–52.159.

Silver has printed lower highs since the NY open reversal from 53.12, and the descending trendline capped the bounce off the 51.239 Asian low at the 52.159 Asian high, near the 50% fib. Early in the Asia session price is holding around 51.97 above a 51.751 higher low, with RSI(14) neutral near 48 as the USD recovery leans on silver ahead of NFP.

Support: 51.751, 51.622, 51.239

Resistance: 52.159, 52.319, 52.614

What it said to watch

  • M15 close above the 52.159 Asian high and descending trendline breaks the lower-high sequence, with 52.319 fib 61.8 and the 52.614 lower high next
  • Failure to hold the 51.751 higher low reopens the 51.622 NY low and the 51.239 Asian low
  • Fed's Williams at 09:30 UTC and NFP at 13:30 UTC could materially shift this read

01:04 UTC

Intraday downtrend, Asia bounce faded · RSI 45 · price 51.812

Lower highs from 53.45; Asia swept prior low then reclaimed it.

Early Asia session swept Thursday's 51.574 prior low to 51.239. The rebound stalled at 52.159 on the lower-highs trendline, near the 50% retrace of the 52.986 drop. Price is back under the 52.00 psych level with RSI(14) near 45 as the USD steadies into NFP.

Support: 51.574, 51.239

Resistance: 52.00, 52.159, 52.614

What it said to watch

  • M15 close above the 52.159 asian high breaks the lower-highs trendline and opens the 52.614 swing high
  • Failure to hold the 51.574 prior low reopens the 51.239 asian low
  • Fed's Williams at 09:30 UTC and NFP at 13:30 UTC could materially shift this read

00:47 UTC

Downtrend, corrective Asian bounce · RSI 48 · price 52.051

Lower highs and lower lows since the NY drop; bounce from 51.24 testing the descending trendline.

Silver turned lower during the NY session as the USD and yields recovered. The 14:30 UTC break from 53.12 started a lower-high chain (52.99, 52.61) and lower lows through the 51.57 ny low to the 51.24 asia low. The Asian rebound has reclaimed the 52.00 round number and is pressing the descending trendline near the 52.16 asian high, with RSI(14) neutral at 48.

Support: 52.00, 51.574, 51.239

Resistance: 52.159, 52.319, 52.614

What it said to watch

  • M15 close above the 52.16 asian high and the trendline opens the 52.32 61.8% fib; the 52.61 swing high is the last lower high in the chain
  • Failure to hold the 52.00 round number returns focus to the 51.57 ny low, then the 51.24 asia low
  • Fed's Williams at 09:30 UTC and NFP at 13:30 UTC could materially shift this read

00:32 UTC

Downtrend, early Asia rebound · RSI 47 · price 52.031

Lower highs since 52.99; Asia higher lows off 51.24.

Thursday's Asia peak at 53.45 faded through NY as USD and yields recovered. The selloff extended to a 51.62 NY low, then swept to 51.24 at the Asia open before recovering to a 52.06 session high, near the 38.2% of the 52.99–51.24 drop. Price is retesting the 52.00 psych handle beneath the lower-highs line, with RSI(14) near 47.

Support: 52.00, 51.62, 51.24

Resistance: 52.06, 52.32, 52.56

What it said to watch

  • M15 close above the 52.06 session high opens the fib 61.8 at 52.32, then the 52.56 swing high and the lower-highs line
  • Failure to hold 52.00 psych and a break of the Asia higher-lows line expose the 51.62 NY low; loss of the 51.24 session low resumes the lower-low chain
  • Fed's Williams at 09:30 UTC and NFP at 13:30 UTC could materially shift this read

00:17 UTC

Downtrend, early-Asia bounce off fresh low · RSI 43 · price 51.983

Lower highs at 52.99/52.61; sweep below NY low reclaimed.

Thursday's NY session reversed from 53.12 as the USD recovered on firm claims data. That leg set a 51.574 NY low and a chain of lower highs at 52.986 and the 52.614 lower high. After the reopen, early Asia swept below the NY low to a 51.239 swing low and reclaimed it, and price is now pressing the 52.006 Asian high at EMA20 with RSI(14) near 43.

Support: 51.574, 51.239

Resistance: 52.006, 52.319, 52.614

What it said to watch

  • M15 close above the 52.006 Asian high and the descending trendline opens the fib 61.8 at 52.32
  • Acceptance above the 52.614 lower high breaks the lower-high chain
  • Loss of the 51.574 NY low exposes the 51.239 swing low; a break there extends the downtrend
  • Fed's Williams at 09:30 UTC and NFP at 13:30 UTC (f/c 65K) could materially shift this read

00:04 UTC

Downtrend, stabilising after Asia sweep · RSI 40 · price 51.711

Lower highs from 52.99; sweep below 51.57–51.62 lows reclaimed.

Silver slid from 53.12 to 51.57 in NY hours as USD and yields recovered on firm labour data. The 52.99 rebound high began a lower-high sequence capped by the trendline, now with a lower high at 52.61. Early Asia swept under the 51.57–51.62 prior lows to a 51.24 Asia low and snapped back, leaving price pinned between that shelf and the 51.82 Asia high.

Support: 51.60, 51.239

Resistance: 51.82, 52.00, 52.614

What it said to watch

  • An M15 close back below the 51.60 prior low reopens the 51.24 Asia low
  • Acceptance above the 51.82 Asia high and the 52.00 round number, near the 38.2% fib, challenges the lower-high sequence
  • A break of the lower-high trendline and the 52.61 lower high flips the micro structure
  • Fed's Williams at 09:30 UTC and NFP at 13:30 UTC could materially shift this read

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