Silver has unwound its post-NFP rebound, sliding from the $63.28 peak set at Monday's re-open back through the $60.00 pivot into the NY session, with price now printing fresh lows near 59.77 and RSI(14) around 34. The $60.00 psychological level has flipped to resistance after the break, and price sits well below EMA(20) and EMA(50). A firmer USD and cooling US-Iran risk premium have driven the two-day correction the digest flags.
Support: 59.435, 56.61
Resistance: 60.00
What it said to watch
FOMC Minutes Wed 18:00 UTC could materially shift this read
Sustained trade below 59.435 confirms the lower-low and exposes 56.61
Reclaim of 60.00 needed to neutralise the breakdown
23:03 UTC
Downtrend, extending · RSI 33 · price 59.773
Lower highs and lower lows since Monday's peak.
Silver has unwound its post-NFP rally, sliding from Monday's $63.25 peak in a persistent two-day drop that accelerated through the NY session into the $60.00 psych pivot. Price now trades below both EMAs with RSI near oversold, and the break of $60.00 has left the $59.435 swing low as the next reference. The move fits the firmer-USD, fading-geopolitical-premium backdrop capping the metal below its key averages.
Support: 59.435
Resistance: 60.00
What it said to watch
H1 close below 59.435 swing low confirms continuation toward the $56.61 area
Reclaim of 60.00 psych needed to stall the downtrend
FOMC Minutes Wed 18:00 UTC could materially shift this read
Silver's post-NFP relief rally that peaked near $63.25 early week has fully unwound; the past two sessions carved a clean sequence of lower highs and price has now slipped below the $60.00 psychological pivot into the FOMC Minutes. RSI(14) sits in the mid-30s with price trading below both EMA(20) and EMA(50), and the last bar swept $59.44 before closing back near $59.96. The $60.30 shelf that held as support this week is now the immediate cap.
Support: 59.435, 59.04
Resistance: 60.30, 61.45
What it said to watch
FOMC Minutes Wed 18:00 UTC is the near-term catalyst that can reprice this read
Hourly close below 59.435 confirms continuation toward 59.04
Reclaim of 61.45 would negate the lower-high sequence
22:03 UTC
Downtrend, correction from peak · RSI 37 · price 59.964
Lower highs, lower lows since Monday peak.
Silver rolled over from the ~$63.25 peak early in the week and has ground steadily lower under EMA20/EMA50, with the post-NFP relief rally fading as the USD firmed. The last bar swept to 59.44 before closing back at the $60.00 psychological pivot, keeping the corrective structure of lower highs intact. RSI(14) sits near 37, tracking price down without a clear bounce yet.
Support: 60.00, 59.44
Resistance: 61.50
What it said to watch
H1 close below 60.00 psych pivot confirms the lower low and exposes lower supports
Reclaim of the 61.50 zone needed to break the lower-highs sequence
FOMC Minutes Wed 18:00 UTC is the near-term catalyst and could materially shift this read
Silver peaked at $63.25 into Monday's session then corrected for two straight days, and the last bar has pressed through the $60.00 psychological pivot to print a session low of 59.44 as a firmer USD and ebbing Iran risk premium unwound the post-NFP rally. Price sits well below EMA(20) and EMA(50) with RSI(14) near 40 and no bullish divergence yet. Successive lower highs off the 63.25 peak keep the corrective structure intact.
Support: 59.435
Resistance: 60.00, 61.45
What it said to watch
FOMC Minutes Wed 18:00 UTC is the near-term catalyst and could reshape this read
H1 close below 59.44 confirms a fresh lower low, exposing the $56.61 area
Reclaim of the 61.45-61.50 zone would neutralise the down-leg
Silver's post-NFP relief rally faded through the week from the 63.25 peak, and the last two bars have accelerated the decline through the 60.00 psych pivot to close at 59.96. Price sits below both EMA20 and EMA50 with RSI in the mid-30s; sellers pressed straight to the 59.44 swing low before a partial recovery. The 60.43 session high and 61.50 reclaim zone now cap, with FOMC Minutes the near-term catalyst.
Support: 59.44, 59.04
Resistance: 60.00, 60.43, 61.50
What it said to watch
Hourly close back above 60.00 psych pivot would neutralise the downside break
Failure to hold 59.44 swing low exposes the 59.04 prior low and $56.61 below
FOMC Minutes Wed 18:00 UTC could materially shift this read
Silver has bled steadily lower since the $63.25 peak mid-week, with each session posting lower highs and price pinned below EMA20 and EMA50. The correction accelerated into the NY session as US-Iran de-escalation and a firmer dollar offset the post-NFP dovish story; the final bar swept the 59.44 area to 59.435 before closing back at 60.22. RSI(14) near 38 reflects the momentum drain but sits short of deep oversold.
Support: 60.00, 59.44
Resistance: 61.50
What it said to watch
Hourly close below 60.00 opens the $56.61 zone flagged in the macro read
Reclaim of 61.50 needed to challenge the descending lower-high sequence
FOMC Minutes Wed 18:00 UTC is the near-term catalyst and could reset this read
20:03 UTC
Downtrend, correcting from week high · RSI 40 · price 60.215
Lower highs, lower lows since $63.28 peak.
Silver has bled steadily since the $63.28 week high, holding below EMA(20) with lower highs printing into each session. The final bar swept below $60.00 to 59.435 before recovering to close at 60.21, leaving a rejection wick at the psych level as US-Iran de-escalation and a firmer USD offset the post-NFP relief rally. Price sits pinned in the lower half of the $60–$62 range with RSI hovering near 40.
Support: 60.00, 59.435
Resistance: 61.50
What it said to watch
FOMC Minutes Wed 18:00 UTC could materially shift this read
Sustained break of 60.00 exposes the 59.435 sweep low and below
Reclaim of the 61.45-61.50 zone needed to invalidate the lower-high sequence
Silver has trended lower off Monday's $63.25 high, printing a clean sequence of lower highs and lower lows and trading below both EMA(20) and EMA(50) all week. The correction accelerated into the NY session as the metal broke below $61 and pressed the $60.30/$60.00 area, in line with a firmer dollar and ebbing geopolitical premium. RSI(14) sits near 40 with no bullish divergence yet, keeping the pullback intact.
Support: 60.30, 60.00
Resistance: 61.45, 63.25
What it said to watch
FOMC Minutes Wed 18:00 UTC could materially shift this read
H1 close below 60.30 exposes the 60.00 psych pivot
Reclaim of 61.45 needed to break the lower-high structure
19:03 UTC
Downtrend, correcting off week's high · RSI 41 · price 60.341
Lower highs, lower lows since the 63.25 peak.
Silver has bled lower all week off the 63.25 peak, unwinding the post-NFP relief rally as a firmer USD and easing US-Iran risk premium capped the metal below its short-term SMAs. Price now sits on the 60.30 recent low with RSI(14) near 40 and trading under both EMA(20) and EMA(50); each bounce this session has stalled into descending lower highs around 61.00. Sellers have pressed toward the 60.00 psychological pivot flagged in the macro read.
Support: 60.30, 60.00
Resistance: 61.00, 61.50
What it said to watch
H1 close below 60.30 exposes the 60.00 psych level
Reclaim of 61.50 needed to break the lower-high sequence
FOMC Minutes Wed 18:00 UTC could materially shift this read
Silver's post-NFP relief rally stalled at $63.25 and has bled back below $61 over the past two sessions as a firmer USD and US-Iran de-escalation trimmed the geopolitical premium. Price sits under both EMA(20) and EMA(50) with RSI hovering near 46, and the last ten bars have coiled in a $60.30-$61.72 range after demand stepped in at the week low. The $61.50 pivot has capped the bounce attempts into the NY session.
Support: 60.30, 60.00
Resistance: 61.50, 61.72, 62.35
What it said to watch
FOMC Minutes Wed 18:00 UTC is the near-term catalyst and could materially shift this read
H1 close below 60.30 confirms a lower-low and exposes the 60.00 psych level
Reclaim of the 61.50 pivot needed to revive upside toward 61.72 and 62.35
Lower highs off week's peak, consolidating sub-61.
Silver has unwound the post-NFP rally, sliding from the $63.25 week high into a two-day correction and now pinned below EMA(20) and EMA(50) around $60.98. The metal capped at $61.72 into the NY session yesterday and has since drifted back toward the $60.30 swing low as a firmer USD and US-Iran de-escalation ebbed the risk premium. RSI(14) sits in the low-40s, consistent with the corrective lean but not yet oversold.
Support: 60.30, 60.00
Resistance: 61.72, 63.25
What it said to watch
FOMC Minutes Wed 18:00 UTC is the near-term catalyst and could shift this read materially
H1 close below 60.30 confirms a lower-low and exposes the 60.00 psych pivot
Reclaim of 61.45-61.72 needed to challenge the descending lower-highs
17:04 UTC
Downtrend, fading from week high · RSI 45 · price 60.945
Lower highs since weekly gap, testing support.
Silver rolled over from the week's $63.25 peak after a weekend gap-up sold off through the London-NY sessions, and now trades at 60.95 pinned below both EMAs. The four-day NFP-driven rebound has clearly stalled — 61.45 has capped every bounce this week while price grinds toward the 60.30/60.00 support zone flagged into FOMC Minutes.
Support: 60.30, 60.00
Resistance: 61.45, 62.35, 63.25
What it said to watch
FOMC Minutes Wed 18:00 GMT is the key catalyst and could reset this read
H1 close below 60.00 confirms a lower-low and exposes deeper support
Reclaim of 61.45 would neutralise the lower-highs and open 62.35
Silver has faded steadily from Monday's ~63.25 high back below 61, trading 60.95 with price under both EMA(20) and EMA(50) and RSI(14) parked in the low 40s. The four-day rebound stalled as a firmer USD offset dovish Fed repricing; sellers have capped every bounce toward the 61.45 pivot this week. Demand stepped in around 60.30 twice into the NY session, holding the near-term floor.
Support: 60.30, 60.00
Resistance: 61.45, 63.25
What it said to watch
FOMC Minutes Wed 18:00 GMT is the dominant catalyst and could reset this read
H1 close back above 61.45 would break the lower-high sequence
Loss of 60.30 then 60.00 confirms continuation lower
16:03 UTC
Downtrend, momentum with sellers · RSI 39 · price 60.608
Lower highs, lower lows since Monday high.
Silver has been rolling over since Monday's 63.25 week high, carving lower highs through each session and trading below both EMAs. The fade back to 60.60 into NY hours comes as a firmer USD and cautious US-Iran tone offset last week's dovish Fed repricing, with RSInow sub-40 and momentum with sellers. The 60.30/60.00 support band is now the immediate area to watch.
Support: 60.30, 60.00, 61.45
Resistance: 61.37, 63.25
What it said to watch
Loss of 60.00 exposes deeper support toward 56.61
H1 close above 61.45 needed to challenge the descending lower-highs
FOMC Minutes Wed 18:00 GMT is the key catalyst and could reset this read
16:03 UTC
Downtrend, momentum with sellers · RSI 40 · price 60.608
Lower highs, lower lows since Wed peak.
Silver has faded steadily since Wednesday's ~63.25 peak, printing lower highs and lower lows as last week's post-NFP rebound stalled below the 200-day SMA. Price trades under both EMA20 and EMA50 with RSI(14) subdued in the high-30s, and the 60.30 swing low has already been probed into the NY session. A firmer USD and profit-taking ahead of the FOMC Minutes have kept the metal pinned toward range support.
Support: 60.30, 60.00, 56.61
Resistance: 61.45, 63.25
What it said to watch
H1 close below 60.30 then 60.00 opens the path toward 56.61
Reclaim of the 61.45 pivot would neutralise the lower-high sequence
FOMC Minutes Wed 18:00 GMT could materially shift this read
Silver has faded from this week's 63.25 peak, drifting into a sub-61 grind after the NFP-driven rally stalled and the USD firmed. Price sits below EMA20 and EMA50 with lower highs building off the 63.25 top; the 61.45 pivot has capped rebounds while demand near the 60.30 session low has so far held. The move stays defensive ahead of Wednesday's FOMC Minutes.
Support: 60.30, 60.00
Resistance: 61.45, 61.85
What it said to watch
Loss of 60.30 session low, then 60.00 psych, opens deeper toward 56.61
Reclaim of the 61.45 pivot needed to challenge the 61.85 swing high
FOMC Minutes Wed 18:00 UTC could materially shift this read
15:03 UTC
Downtrend, rally fading · RSI 42 · price 60.897
Lower highs off week's peak, drifting sub-61.
Silver rolled over from the 63.25 week high and has printed steady lower highs, slipping below 61.00 into the NY session as last week's NFP-driven rally faded on a firmer USD. Price sits under both EMA20 and EMA50 with RSI(14) in the low-40s; the 60.30 session-low area capped the downside for now while 61.45 has held as a pivot cap.
Support: 60.307, 56.61
Resistance: 61.45, 63.253
What it said to watch
FOMC Minutes Wed 18:00 UTC could materially shift this read
Loss of 60.30 exposes the 56.61 week-low zone
Reclaim of 61.45 pivot needed to challenge the descending highs toward 63.25
Silver's four-day rebound off the low-56s stalled at the 63.28 week high and has been carving lower highs since Monday's open, now trading back below the ~62.75 weekly open. Sellers pressed toward the 60.30 swing low during yesterday's NY session before a bounce, with firmer oil on Hormuz headlines and a steadier USD reviving Fed-hike concerns. RSI(14) sits mid-range near 49 and price hangs just under EMA20, keeping the corrective tone intact.
Support: 60.31, 60.00
Resistance: 62.35, 63.28
What it said to watch
FOMC Minutes Wed 18:00 UTC could materially shift this read
Loss of 60.30 swing low reopens the sub-60.00 psych zone
H1 close above 62.35 prior high negates the lower-high sequence
Silver's four-day rebound off the sub-$56 lows peaked at 63.25 early this week and has since unwound toward $61 as a firmer dollar and Hormuz-driven oil revived Fed-hike angst. H1 has printed successive lower highs, and price now sits pinned at the 61.45 pivot — the 38.2% retrace of the 63.25-60.30 drop — with RSI stuck in the low-40s. Demand stepped in twice around 60.30, but rallies keep capping into the descending highs.
Support: 60.307
Resistance: 61.45, 62.35, 63.25
What it said to watch
H1 close below 60.30 reopens the 56.61 downside cited in the digest
Reclaim of 62.35 would break the run of lower highs and reopen 63.25
FOMC Minutes Wed 18:00 UTC is the near-term catalyst and could reset this read
13:04 UTC
Pullback within week, bounce off lows · RSI 50 · price 61.503
Lower highs off 63.17, holding 60.30.
The week opened near 62.75 and pressed to a 63.17 high before rolling over into a steady sequence of lower highs, bottoming at 60.30 during the NY session yesterday. Price has since bounced to 61.5, back on the EMA20 but capped below the EMA50 with RSI hovering near 50 — the four-day rebound flagged in the digest has stalled as oil/Hormuz-driven inflation fears revive USD strength. The 62.35 shelf capped the last recovery attempt.
Support: 60.30, 60.00
Resistance: 62.35, 63.17
What it said to watch
H1 close above 62.35 reopens the 63.17 week high
Loss of 60.30 exposes the 60.00 psych pivot
FOMC minutes Wed 18:00 UTC could materially shift this read
13:04 UTC
Pullback within this week's rebound, momentum stalling · RSI 49 · price 61.503
Lower highs since Tuesday's open after $63 rejection.
Silver's four-day rebound stalled at 63.28 early this week and has since faded in a series of lower highs, bottoming at 60.307 before a bounce back to 61.50 into the NY session. The fade tracks a firmer USD and an oil-driven safe-haven bid on Hormuz headlines, with RSI(14) flattening near 50 and price hugging the EMA(20) below the EMA(50). The 60.00 pivot and the 62.35 swing high frame the near-term range.
Support: 60.307, 60.00
Resistance: 62.35, 63.28
What it said to watch
H1 close below 60.00 opens the path toward 56.61
Reclaim of 62.35 swing high needed to reopen the 63.28 week high
FOMC minutes Wed 18:00 UTC could materially shift this read
Lower highs since Monday's high, holding near 61.00.
Silver rallied from the sub-58 week open to Monday's 63.25 high but has since unwound in a run of lower highs, slipping back toward the 61.45 pivot as a firmer USD capped the metal. Price is holding above the 60.31 day low and pressing back to EMA20 after basing near 60.00 psych; RSI(14) sits mid-range around 47 after cooling from overbought. The 62.35 lower-high area has capped the latest bounce.
Support: 60.31, 60.00, 57.16
Resistance: 61.45, 62.35, 63.25
What it said to watch
FOMC Minutes Wed 18:00 UTC is the key catalyst and could materially shift this read
H1 close below 60.00 psych confirms a lower low, exposing the 57.16 wk open low
Close above 62.35 lower high would break the corrective sequence
12:03 UTC
Correction lower off week high · RSI 45 · price 61.399
Lower highs since Monday, holding above 60.30.
Silver has bled steadily lower since Monday's 63.28 print, carving out a sequence of lower highs as a firmer USD and rising oil on Hormuz risk capped the post-NFP rebound. Price probed the 60.30 swing low into the NY session before a bounce back toward the 61.45 pivot, which now caps as resistance with RSI(14) recovering off the low near 45. Both EMA(20) and EMA(50) sit above price, framing the corrective structure.
Support: 60.307, 60.00
Resistance: 61.45, 63.28
What it said to watch
H1 close back above the 61.45 pivot would ease the corrective read
Failure to hold 60.30 confirms a lower-low, exposing the 60.00 psych level
FOMC Minutes Wed 18:00 UTC is the key catalyst and can reset this read
Lower highs off the week high, stabilising near 61.
Silver rallied hard off sub-58 early-week levels into the 63.25 week high after the weekend gap up, but the post-NFP bounce has stalled and price has ground out lower highs back toward the 61 handle, now at 60.69 below both EMA20 and EMA50. The correction has held the 60.31 swing low so far, with price coiling between there and the 61.45 pivot as a firmer USD and rising oil cap the metal. RSI(14) has cycled into the low 40s, tracking the retracement lower.
Support: 60.31, 60.00, 59.48
Resistance: 61.45, 63.25
What it said to watch
FOMC Minutes Wed 18:00 UTC is the key catalyst and could shift this read
Loss of 60.31 swing low and the 60.00 psych level would extend the correction toward the 59.48 fib
Reclaim of the 61.45 pivot would stall the lower-high sequence
11:03 UTC
Downtrend, correcting from week high · RSI 42 · price 60.692
Lower highs, lower lows since Monday.
XAG topped at 63.28 on Monday's session open and has bled lower all week, unwinding the post-NFP bounce as a firmer USD and rising oil capped the metal; price now sits at 60.69, below both EMA(20) and EMA(50). The 61.45 pivot has flipped to resistance after the break, while demand stepped in twice around 60.31–60.55 to stall the slide. RSI(14) is holding in the low-40s, tracking the corrective structure without reaching oversold.
Support: 60.31, 60.00
Resistance: 61.45, 63.28
What it said to watch
FOMC Minutes Wed 18:00 UTC could materially shift this read
H1 close below 60.00 psych confirms continuation lower toward the week low
Reclaim of 61.45 pivot would neutralise the lower-high sequence
10:03 UTC
Correction lower off week high · RSI 43 · price 60.966
Lower highs since Monday's 63.28 peak.
XAG has unwound its post-NFP rebound, sliding from Monday's 63.28 high toward 61 and now probing sub-61 as a firmer USD caps the metal. Price sits below EMA(20) and EMA(50), with the 61.45 pivot having flipped to resistance after Monday's rejection; buyers stepped in near 60.30 to spark the latest bounce. RSI(14) is holding in the low-40s, consistent with the correction that has dominated the last two sessions.
Support: 60.307, 60.00
Resistance: 61.45
What it said to watch
FOMC Minutes Wed 18:00 UTC is the key catalyst and could reset this read
Loss of 60.30 opens the 60.00 psych level
Reclaim of the 61.45 pivot would neutralise the lower-highs structure
10:03 UTC
Downtrend, correcting off week high · RSI 40 · price 60.966
Lower highs since Monday's 63.25 peak.
XAG has been unwinding its post-NFP rebound, sliding from Monday's 63.25 high back toward $61 as a firmer USD and rising oil cap the metal. Price prints lower highs through the NY session and now trades below both EMA(20) and EMA(50), with RSI(14) cycling in the low 40s. The 61.45 pivot has flipped to resistance after the break, and the 60.30 swing low is the immediate floor.
Support: 60.307, 60.00, 61.45
Resistance: 61.45, 63.253
What it said to watch
H1 close below 60.30 exposes the 60.00 psych level
Reclaim of the 61.45 pivot needed to ease the lower-high sequence
FOMC Minutes Wed 18:00 UTC is the key catalyst for this read
09:05 UTC
Correction lower after rebound · RSI 43 · price 60.891
Lower highs since 63.17 peak.
Silver has faded from Monday's 63.17 rebound high back toward $61, printing a sequence of lower highs and now trading below both EMA(20) and EMA(50) with RSI(14) capped under 50. The pullback accelerated into the NY session as an oil bid and firmer USD capped the metal; the four-day rally that peaked near 63.28 has stalled. Buyers stepped in around 60.31 for a bounce, but the 61.45 pivot remains the near-term ceiling.
Support: 60.31, 59.78
Resistance: 61.45, 63.17
What it said to watch
H1 close above 61.45 pivot would break the lower-high sequence
Failure to hold 60.31 swing low opens 59.78
FOMC Minutes Wed 18:00 UTC is the key catalyst for this read
Silver rejected the $63.25 rebound high at Monday's open and has printed steady lower highs into the NY session, slipping to near $60.9 as a firmer USD and oil-driven caps weigh. Price trades below both EMA20 and EMA50 with RSI holding sub-50, and the 61.45 pivot now caps recovery attempts. The week's rebound off the ~$55.60 area has stalled below major averages.
Support: 60.31, 59.79
Resistance: 61.45, 62.35, 63.25
What it said to watch
H1 close below 60.31 confirms a lower-low, exposes 59.79 swing low
Reclaim of the 61.45 pivot needed to re-challenge 62.35 prior high
FOMC Minutes Wed 18:00 UTC could materially shift this read
Silver's post-NFP rebound peaked at 63.25 into this week's open, then rolled over through Monday's NY session and has printed steady lower highs down to the 60.30 swing low. Price now sits at 60.83, below both EMA20 and EMA50 with RSI(14) flattening below 40, keeping the $60-63 range read intact with momentum drifting toward the floor. The 61.45 pivot has capped the latest bounce.
Support: 60.307, 60.00
Resistance: 61.45, 63.253
What it said to watch
FOMC minutes Wed 18:00 UTC is the key catalyst and could reset this range
Loss of 60.30 swing low confirms a lower-low and exposes 60.00 round number
H1 close back above 61.45 pivot needed to neutralise the lower-high sequence
08:03 UTC
Corrective decline off week high · RSI 41 · price 60.827
Lower highs since Monday's peak.
Silver's soft-NFP rebound off Monday's sub-$58 zone peaked at 63.25 on the week's reopen and has since rolled over, printing lower highs into the NY session and now trading below both EMA20 and EMA50. RSI(14) sits sub-50 as the pullback tests the $60 area, with demand stepping in twice around 60.30. The $61.45 pivot flagged in the macro read caps the recovery attempts.
Support: 60.307
Resistance: 61.45, 62.351, 63.253
What it said to watch
H1 close below 60.30 confirms a fresh lower-low toward the $60 psych level
Reclaim of the 61.45 pivot needed to challenge the 62.35 prior high
FOMC minutes Wed 18:00 UTC is the key catalyst and can reset this read
Silver's >5% weekly rally off the ~57.50 base stalled at 63.25 and has since carved lower highs, easing back to 61.05 below both EMA20 and EMA50. The squeeze was fuelled by last week's soft 57K NFP trimming Fed-hike bets, but a firmer USD has capped the bounce sub-63 with RSI(14) rolling under 45. Price is defending the 60.55 day-low area, keeping the broader weekly uptrend intact for now.
Support: 60.548, 60.00
Resistance: 62.35, 63.25
What it said to watch
H1 close below 60.00 reopens the downside and negates the weekly-rally hold
Reclaim of 62.35 needed to re-engage the 63.25 week high
FOMC minutes Wed 18:00 UTC is the key catalyst and could reshape this read
07:03 UTC
Week-uptrend, pulling back · RSI 43 · price 61.051
Lower highs off week peak, holding above 60.
Silver's >5% NFP-driven rally off the ~57 base stalled below $63.17 this week, and price has since carved a run of lower highs back toward the 60.00 pivot. The pullback dipped to 60.31 before buyers pressed back to 61.05, but the metal sits below both EMA(20) and EMA(50) with RSI(14) in the low-40s. The 62.34 prior high and 62.75 week open now cap the bounce.
Support: 60.31, 60.00
Resistance: 62.34, 62.75, 63.17
What it said to watch
FOMC minutes Wed 18:00 UTC is the key catalyst and could reset this read
Loss of 60.00 pivot reopens the downside toward the 57 base
H1 close back above 62.34 negates the lower-high sequence
06:03 UTC
Week uptrend rolling over · RSI 41 · price 60.655
Pullback, lower highs off week high.
Silver rode a >5% week rally off the ~55.60 base through Monday's session, but has rolled over from the 63.25 week high, carving lower highs into the NY session and slipping back below EMA20/50. Price sits around the 61.8% retrace of the week's impulse near 60.65 with RSI(14) cycling down through the low 40s. The bounce leaned on fading Fed-hike bets after the soft NFP rather than a clean trend turn, and momentum has faded into the FOMC minutes.
Support: 60.00
Resistance: 61.70, 63.25
What it said to watch
Loss of 60.00 reopens the 56.61/55.60 zone
Close back above 61.70 needed to re-challenge the 63.25 week high
FOMC minutes Wed 18:00 UTC is the key catalyst for this read
Silver gapped higher into Monday's open and tagged 63.25 before rolling over into a clean sequence of lower highs, sliding back to the $60 pivot as a firmer USD capped the post-NFP relief bounce. Price trades below both EMA20 and EMA50 with RSI near 36, and each bounce this week has stalled under the 61.75 breakdown shelf. The session low at 60.307 and round 60.00 are the immediate area to watch.
Support: 60.307, 60.00
Resistance: 61.75
What it said to watch
Loss of 60.00 reopens the 56.61/55.60 YTD-low zone
Reclaim of 61.75 would ease the lower-high sequence
FOMC minutes Wed 18:00 UTC is the key catalyst for this read
05:04 UTC
Pullback lower, momentum down · RSI 33 · price 60.836
Lower highs since Monday's high.
Silver rallied over 5% off the sub-58 base last week on the soft 57K NFP print, but the move stalled at 63.25 on Monday's open and has bled lower into the NY-into-Asia transition as a firmer USD caps the metal ahead of Wednesday's FOMC minutes. Price now trades at 60.84, back below EMA20 and EMA50 with a clean sequence of lower highs from 63.25 through 62.35 to 61.60. RSI(14) is sitting in the low 30s as the 60.00 pivot comes back into focus.
Support: 60.00
Resistance: 61.60, 62.35, 63.25
What it said to watch
Loss of the 60.00 pivot reopens the deeper YTD-low zone
H1 close back above 61.60 lower high would ease the downside pressure
FOMC minutes Wed 18:00 UTC is the key catalyst and can reset this read
Silver ran a >5% rally off the ~57 low through the week on the soft 57K NFP print, peaking near 63.25 at this week's session open before rolling over. Price has since printed successive lower highs and now sits below both EMA(20) and EMA(50) around 60.84, with RSI(14) in the mid-30s as sellers press the 60.00 pivot. A firmer USD has capped the bounce, keeping the metal beneath its major moving averages.
Support: 60.00
Resistance: 62.35, 63.25
What it said to watch
H1 close below 60.00 pivot reopens the 57 swing-low zone
Reclaim of 62.35 prior high needed to re-challenge 63.25 week high
FOMC minutes Wed 18:00 UTC is the key catalyst for this read
04:04 UTC
Weekly uptrend, pulling back · RSI 40 · price 61.092
Lower highs since Monday's open.
Silver gapped higher into Monday's session open near 63.10 but was rejected below the 63.28 week high, carving a sequence of lower highs back to 61.09 through Tuesday. Price now sits under both EMA20 and EMA50 with RSI(14) below 50, and the 62.00 pivot has capped the latest bounce attempts. The move fits the digest read of a rally stalling below major moving averages after last week's NFP-driven surge.
Support: 60.894, 60.00
Resistance: 62.00, 62.35, 63.28
What it said to watch
H1 close below 60.90 day low opens the 60.00 psych level
Reclaim of 62.35 swing high breaks the lower-high sequence
FOMC minutes Wed 18:00 UTC is the marquee catalyst for this read
04:03 UTC
Uptrend, correcting lower · RSI 42 · price 61.092
Pullback from week high, lower highs forming.
Silver's 5%+ rally off the sub-58 base printed a week high at 63.28 before stalling, and price has since drifted back to 61.09, now trading below both EMA20 and EMA50 on H1. The move up was fuelled by last week's soft NFP miss (57K vs 110K), but a firmer USD has capped the advance and driven a sequence of lower highs since Monday's session. RSI(14) sits near 41 as the corrective leg extends.
Support: 60.00
Resistance: 62.351, 63.28
What it said to watch
FOMC Minutes Wed 18:00 UTC is the marquee catalyst and could materially shift this read
A close below the 60.00 psych level would confirm deeper retracement of the week rally
Reclaim of the 62.35 swing high needed to reassert the uptrend
03:03 UTC
Pullback, lower highs since week open · RSI 43 · price 61.285
Correction off 63.17 week high, below EMAs.
Silver opened the week near 62.75 and tagged 63.17 before rolling over into a string of lower highs, now trading below both EMA(20) and EMA(50) around 61.29. The decline follows last week's NFP-miss rally to 63.28 that stalled below the major SMAs, with a firmer USD capping the retest. Buyers stepped in at 60.89 to arrest the slide, but resistance at 62.35 has kept a lid on rebounds.
Support: 60.894, 60.00
Resistance: 62.35, 63.172
What it said to watch
H1 close below 60.89 confirms a lower low and opens the 60.00 psych pivot
Reclaim of 62.35 lower high would neutralise the week's downdraft
FOMC Minutes Wed 18:00 UTC is the marquee catalyst and could materially shift this read
03:03 UTC
Uptrend stalling, pulling back · RSI 43 · price 61.285
Lower highs since Monday's 63.25 rejection.
Silver rallied over 5% last week into the 63.25 print on the soft NFP miss, then gapped up into Monday's open and was rejected, grinding lower through the NY session to 61.28. Price now sits below EMA(20) with RSI(14) cooling toward 42 as the pullback develops. The 62.35 area caps the recent bounces while 60.90 held as the session low.
Support: 60.894, 60.00
Resistance: 62.35, 63.253
What it said to watch
FOMC Minutes Wed 18:00 UTC is the marquee catalyst that could reshape this read
Close below 60.90 confirms a lower low and opens the 60.00 pivot
Reclaim of 62.35 needed to re-challenge the 63.25 week high
02:03 UTC
Uptrend last week, now correcting lower · RSI 43 · price 61.495
Pullback from weekly high, lower highs into support.
Silver ran from the 57.15 low to the 63.25 weekly high on last week's soft NFP impulse, then gapped up over the weekend and was rejected at that high on Monday's reopen. Price has since carved lower highs and now trades at 61.50, back below EMA20/EMA50 with RSI near 43. The last bar swept the 61.44 shelf down to the 60.89 swing low before recovering, keeping the correction contained above the 60.00 pivot.
Support: 60.894, 60.00
Resistance: 62.35, 63.253
What it said to watch
FOMC Minutes Wed 18:00 UTC is the marquee catalyst and could reshape this read
Hourly close below 60.00 pivot exposes the YTD-low zone
Reclaim of the 62.35 lower-highs line negates the corrective structure
02:03 UTC
Uptrend correcting lower · RSI 43 · price 61.495
Pullback from week high, lower highs forming.
Silver ran 5.5% off last week's lows on the soft NFP miss to test 63.25, but has faded into this week as a firmer USD capped gains, slipping below EMA20 to 61.50. The rejection at the 63.25 week high has left a string of lower highs, with RSI cooling into the low 40s. Congestion around 62.34 is now the immediate ceiling while 60.00 psych holds beneath.
Support: 60.894, 60.00
Resistance: 62.34, 63.25
What it said to watch
Loss of 60.894 recent low exposes the 60.00 psych pivot
H1 close back above 62.34 congestion re-opens the 63.25 week high
FOMC minutes Wed 18:00 UTC is the marquee catalyst and could reset this read
01:04 UTC
Downtrend this week, momentum heavy · RSI 41 · price 61.416
Lower highs off week high, testing 61.00.
Silver gapped up to 62.75 at this week's open and tagged 63.25 before rolling over into a steady series of lower highs; the four-day squeeze off the mid-57s has stalled as hawkish year-end Fed pricing reasserts. Price sits below both EMA(20) and EMA(50) with RSI(14) near 40, and the current bar prints a fresh day low at 61.26 as the 61.00 pivot comes into focus. The 62.34 lower high has capped the last bounce.
Support: 61.263, 61.00, 60.00
Resistance: 62.34, 62.75, 63.25
What it said to watch
Hourly close below 61.00 pivot opens the path toward 60.00 support
Reclaim of 62.34 lower high needed to break the descending sequence
FOMC minutes Wed 18:00 UTC is the key catalyst and could reset this read
Silver gapped up to open the week near 62.75 and printed a 63.25 high, but the move stalled sub-62.50 and price has since faded through consecutive lower highs to 61.42, now trading below both the H1 EMA20 and EMA50 with RSI cooling into the low 40s. The soft NFP squeeze that drove the rally off the mid-57s has run into a firm-USD backdrop, capping upside at the 62.50 ceiling. The 60.00 support-turned-pivot marks the recovery's line in the sand.
Support: 61.263, 60.00
Resistance: 62.50, 63.253
What it said to watch
H1 close back above 62.50 reopens the 63.25 week high
Loss of 61.26 day low exposes the 60.00 pivot
FOMC minutes Wed 18:00 UTC is the key catalyst for this read
Consolidation below week's high after post-NFP rally.
Silver ran from Monday's mid-$57s to the low-$63s on the soft NFP print, then gapped up on the weekly open to 63.25 before fading. Price has since drifted back under EMA20 and is consolidating in the 61.4–62.5 band, with the 62.50 ceiling capping recovery attempts. RSI(14) has cooled to the mid-40s as the four-day advance loses steam.
Support: 61.40, 60.00
Resistance: 62.50, 63.25
What it said to watch
H1 close above 62.50 reopens the 63.25 week high
Failure to hold 61.40 exposes the 60.00 pivot
FOMC minutes Wed 18:00 UTC is the key catalyst for this read
Silver rallied over 5% off the mid-$57s last week on the soft 57K NFP print, peaking near 63.17 after the weekend gap up, but has since rolled over and slipped back under EMA(20). Price is consolidating in the low-$61s with the 62.50 ceiling capping and RSI(14) fading toward the mid-40s. The 60.00 pivot below marks the recovery's line in the sand.
Support: 61.40, 60.00
Resistance: 62.50, 63.17
What it said to watch
H1 close back above 62.50 reopens the 63.17 week high
Failure to hold 61.40 exposes the 60.00 pivot
FOMC minutes Wed 18:00 UTC is the key catalyst for this read