21:05 UTC
Downtrend, range floor broken · RSI 37 · price 67.824
$72-78 range broke down, lower low printed.
Silver had been boxed in a $72-78 range since mid-May, but today's session sliced through the $72 floor and closed at 67.82 — the lowest in the window — after a hot 172K NFP reinforced the hawkish-Fed read and lifted the USD. Price sits well below EMA20 and EMA50 with both sloping down, confirming the swing trend lower, while RSI near 37 is falling but not yet oversold. The broken $72 floor now sits overhead as the first resistance.
Support: 67.561
Resistance: 72.00
What it said to watch
- Daily close back above 72.00 would invalidate the range breakdown and pull price back into the prior $72-78 box
- Sustained trade below 67.56 opens the path toward the 65.49 February low
- US CPI Tue Jun 10 12:30 UTC — a hot print could extend this breakdown, a soft print risks a snap-back into the range