XAG/USD AI Live Scan, 4-hour chart, Tuesday, 7 July 2026

Every read JAFX AI made on the XAG/USD 4-hour chart that day, newest first: trend, structure, the levels it marked and what it said to watch.

21:05 UTC

Rebound fading, pullback to $60 · RSI 42 · price 60.217

Retracing off 63.28 peak.

Silver rebounded ~5.5% off the June low near 55.61 to a 63.28 rebound peak on the NFP miss, but has since rolled over into a two-day pullback now testing the $60 psych level. Price sits below EMA20 and EMA50 with RSI in the low 40s as the metal gives back ground; the reclaim zone at 61.45 caps recovery attempts. ATR remains moderate after the mid-window volatility spike.

Support: 60.00, 56.61

Resistance: 61.45, 63.28

What it said to watch

  • H4 close below 60.00 psych opens 56.61 prior low
  • Reclaim of 61.45 reclaim zone needed to revive upside toward 63.28
  • FOMC Minutes Wed 18:00 UTC could materially shift this read

21:05 UTC

Broader downtrend, corrective bounce fading · RSI 43 · price 60.217

Pinned in 60-62 range below the 63.28 peak.

Silver's ~5.5% rebound off the year's lows peaked at 63.28 and has since rolled into a two-day pullback, with XAG/USD sliding back below $61 into the FOMC Minutes as a firmer USD offset the dovish NFP repricing. Price is now pinned in the $60-62 range and the latest bar swept the psych 60.00 handle down to 59.44 before recovering, holding near the mid-fib of the rebound. Momentum sits below EMA20 with RSI in the low-40s.

Support: 60.00, 59.44, 56.61

Resistance: 61.50, 63.28

What it said to watch

  • H4 close below 60.00 exposes the 56.61 range low
  • Reclaim of 61.50 needed to revive upside toward 63.28
  • FOMC Minutes Wed 18:00 UTC could materially shift this read

17:04 UTC

Recovery fading, rolling over · RSI 42 · price 60.609

Lower highs since 63.28; 60.30/60.00 support in focus.

Silver rebounded off the 55.6 low to peak at 63.28 last week on the soft NFP-driven dovish repricing, but has since faded back below the 61.45 pivot and is pressing the 60.30/60.00 support shelf. A string of lower highs since 63.28 shows the recovery losing traction, with RSI softening toward the mid-40s and price back under the EMA20. ATR remains elevated, so ranges stay wide.

Support: 60.30, 60.00, 56.61

Resistance: 61.45, 63.28

What it said to watch

  • H4 close below 60.00 exposes the 56.61 swing low
  • Reclaim of 61.45 pivot reopens the 63.28 rebound high
  • FOMC Minutes Wed 18:00 GMT could materially shift this read

17:04 UTC

Recovery stalling, rolling over · RSI 43 · price 60.609

Lower highs since 63.28 peak, fading below MAs.

Silver rebounded from the 56.53 low to peak at 63.28 on last week's soft-NFP-driven repricing, but the move has since rolled over, printing lower highs and fading below the moving averages toward 60.60. Momentum has softened with price capped under the 61.45 pivot; ATR(14) stays elevated after the recent swings. FOMC Minutes Wednesday is the next catalyst.

Support: 60.30, 60.00, 56.61

Resistance: 61.45, 63.28

What it said to watch

  • Loss of 60.30 then 60.00 support opens the path back toward 56.61
  • Close back above 61.45 needed to re-challenge the 63.28 prior high
  • FOMC Minutes Wed 18:00 GMT could materially shift this read

13:04 UTC

Downtrend stabilised, range-bound · RSI 49 · price 61.388

Consolidation between 60.00 and 63.28 after recovery off 55.60 low.

Silver rebounded sharply from the 55.60 YTD low to peak near 63.28, but the move has stalled and price is now consolidating around the 38.2% retracement of the 71.54–55.61 decline. The rebound faded to ~61 as the dollar firmed and oil-linked inflation fears revived; H4 sits just below EMA20 while EMA50 supports from beneath. The 60.00–63.28 band is defining the range into midweek.

Support: 60.00, 58.02, 55.63

Resistance: 63.28, 65.00

What it said to watch

  • H4 close below 60.00 opens 58.02 then the 55.63 ytd low
  • reclaim of the 63.28 week high needed for a trend flip toward 65.00
  • FOMC Minutes Wed 18:00 UTC could materially shift this read

13:04 UTC

Downtrend easing, ranging near lows · RSI 44 · price 61.388

Capped in $60-63.28 band, below EMA20.

Silver ripped off the $55.60 low to peak near 63.28 last week on the weak NFP print, then faded to ~61 as the dollar firmed and oil rebounded on Hormuz risk. Price now oscillates in a $60-63.28 band, sitting just below the EMA20 with the EMA50 still climbing beneath. Demand has repeatedly stepped in around 60.30-60.00 while supply caps near 62.65-63.28.

Support: 60.307, 60.00, 56.61

Resistance: 62.65, 63.28, 65.00

What it said to watch

  • H4 close below 60.00 confirms a lower-low and opens 56.61 then the 55.63 YTD area
  • H4 close above 63.28 needed to challenge the 65.00 trend-flip level
  • FOMC Minutes Wed 18:00 UTC could materially shift this read

09:05 UTC

Downtrend, near-term rebound fading · RSI 43 · price 60.825

Lower highs below the SMAs after a failed recovery.

Silver's four-day rebound off the 55.60 area stalled at the 63.28 rebound high and price has rolled back under the 61.45 pivot toward the recent low at 60.30. Structure stays down beneath descending resistance from the 71.54 swing high, with the soft NFP-driven bounce failing to reclaim the moving-average cluster. ATR remains elevated, so the pullback is orderly rather than compressing.

Support: 60.30, 56.61

Resistance: 61.45, 63.28, 65.00

What it said to watch

  • H4 close below 61.45 keeps pressure on 60.30, then exposes the 56.61 swing low
  • H4 close back above 63.28 rebound high would re-open the 65.00 gate
  • FOMC Minutes Wed 18:00 UTC is the key catalyst that could shift this read

09:04 UTC

Downtrend, rebound fading · RSI 42 · price 60.825

Lower highs, rebound rolling over below 63.28.

Broader H4 structure stays down: the four-day rebound off the ~55.60 YTD-low area, helped by the soft NFP print (57K vs 110K), stalled at 63.28 and price has since rolled back under the 61.45 pivot. Momentum has cooled with RSI mid-40s and price sitting below both EMAs, printing a fresh lower high. ATR remains elevated, keeping swings wide around the 60-63 zone.

Support: 60.31, 58.02, 56.61

Resistance: 61.45, 63.28

What it said to watch

  • H4 close below 61.45 pivot keeps 58.02 then 56.61 in play
  • Reclaim of 63.28 rebound high would negate the lower-high read
  • FOMC Minutes Wed 18:00 UTC is the key catalyst that could shift this read
  • Failure to hold 60.31 confirms continuation of the leg lower

05:05 UTC

Recovery stalling below 63 · RSI 45 · price 61.086

Consolidating above 60 after rebound off YTD low.

Silver rebounded over 5.5% off the 56.61 YTD-low zone through the 60.00 pivot, but the move stalled at 63.28 and has since drifted back to 61 — a consolidation rather than a clean trend turn. The rally rode fading Fed-hike bets after last week's 57K NFP miss; price now sits below EMA20 while holding above EMA50, with rejection capping every push at the 63.28-63.50 band. ATR remains moderate, keeping the 60-63 range the operative structure.

Support: 60.00, 56.61

Resistance: 63.28, 65.00

What it said to watch

  • H4 close above 63.50 opens the path to the 65.00 breakout level
  • Loss of the 60.00 pivot reopens the 56.61 ytd low zone
  • FOMC minutes Wed 18:00 UTC is the key catalyst and could break this range

01:04 UTC

Recovery off YTD low, stalling · RSI 53 · price 61.742

Consolidation below 62.89 after rebound from 55.60.

Silver rebounded roughly 12% off the 55.61 YTD low after Friday's soft 57K NFP print, but the rally has stalled just under the 62.50 ceiling with price coiling in a tight range near 61.74. Higher-lows structure off the June trough remains intact and price is holding above both EMA20 and EMA50, yet momentum has flattened as the 63.25 peak caps upside. ATR has compressed from the extremes of the mid-month sell-off, consistent with the current range-bound read.

Support: 60.00, 55.61

Resistance: 62.50, 63.25, 63.50

What it said to watch

  • H4 close above 62.89 opens the path toward 63.50
  • Loss of the 60.00 pivot threatens the recovery structure
  • FOMC minutes Wed 18:00 UTC could materially shift this read

01:04 UTC

Recovering off lows, consolidating · RSI 51 · price 61.742

Higher lows since June base, capped sub-62.50.

Silver rebounded roughly 12% off the $55.60 YTD low after Friday's soft 57K NFP print, but the move has stalled below the $62.50 ceiling and is now coiling in a tight $61.00-$62.89 band. EMA20 has crossed above EMA50 through the recovery, and ATR(14) is compressing as the range narrows. Demand keeps stepping in near $61.00 while supply caps repeated pushes toward $62.89.

Support: 61.00, 60.00, 55.60

Resistance: 62.50, 62.89, 63.50

What it said to watch

  • H4 close above 62.89 opens the path to 63.50 then 65
  • Failure to hold 61.00 exposes the 60.00 pivot
  • FOMC minutes Wed 18:00 UTC is the key catalyst for this read

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