XAG/USD AI Live Scan, 1-hour chart, Friday, 7 August 2026
Every read JAFX AI made on the XAG/USD 1-hour chart that day, newest first: trend, structure, the levels it marked and what it said to watch.
20:03 UTC
Uptrend, momentum cooling · RSI 56 · price 63.579
Higher highs into consolidation below week high.
Silver ripped ~4.5% to a six-week high at 65.12 after Friday's -23K NFP shock hammered the dollar, then rejected there and eased back into a 63.10-63.70 consolidation. The clean break above 63.30 earlier in the week has so far held as support on the pullback, with RSI unwinding from overbought into the mid-50s. Price remains above both EMA(20) and EMA(50), keeping the week's uptrend intact while the market digests the rally.
Support: 63.30
Resistance: 64.70, 65.12
What it said to watch
H1 close below 63.30 negates the former-resistance-turned-support read
Recovery through 64.70 reopens the 65.12 week high
US CPI on Tue Aug 12 could materially shift this read
20:03 UTC
Uptrend, momentum cooling · RSI 55 · price 63.579
Higher highs into 65.12, near-term lower highs since.
Silver ripped ~13% off Monday's low into a fresh six-week high at 65.12 after the shock -23K NFP hammered the dollar and repriced Fed cut bets. The move stalled at the 65 handle and price has since carved lower highs, consolidating in the 63.10-63.90 band with RSI(14) cooling back to the mid-50s from overbought. Former resistance at 63.30 is now being tested as support while the broader H1 structure holds above EMA(20).
Support: 63.30, 63.05
Resistance: 64.43, 65.12
What it said to watch
H1 close below 63.05 confirms a near-term lower low and cracks the 63.30 support flip
Reclaim of 64.43 puts the 65.12 week high back in play
US CPI on Aug 12 12:30 GMT is the dominant catalyst and could reset this read
Higher highs into a post-spike pullback, retesting broken level.
Silver ripped ~4.5% Friday after the -23K NFP shock, clearing the $63.30 resistance and spiking to a six-week high at 65.12 in the NY session. Price has since faded back to retest 63.30, now acting as the pivot, with RSI(14) unwinding from overbought toward the mid-50s. The broader H1 structure stays constructive above EMA(20) and EMA(50), but the sharp rejection off 65.12 shows the move is stretched.
Support: 63.30, 62.65, 62.00
Resistance: 65.12
What it said to watch
Hold of 63.30 as support keeps the post-NFP trend-shift intact
H1 close below 62.65 (50d sma) opens the path toward the 62.00 handle
US CPI on Aug 12 is the next decisive catalyst and could reshape this read
Consolidating below week high after impulsive rally.
Silver ripped to a ~65.12 week high after the -23K NFP miss hammered the dollar, then eased back into the NY session to consolidate around the reclaimed 63.30 zone. RSI(14) has cooled from overbought toward the mid-50s as price digests the run off Monday's lows. Former resistance near 63.30 is now being retested as support, with 63.05 the first swing low beneath it.
Support: 63.05, 62.65
Resistance: 65.12
What it said to watch
H1 close back below 63.05 opens a retest of the 62.65 50d sma
Sustained hold above 63.30 keeps the trend-shift read intact
US CPI Aug 12 is the next major catalyst that could reset this read
18:03 UTC
Uptrend, momentum cooling · RSI 56 · price 63.324
Higher highs into pullback, retesting broken resistance.
Silver ran ~13% off Monday's low and accelerated into Friday on the -23K NFP miss, printing a fresh six-week high near 65.12 during NY hours before fading. Price has since pulled back to retest the broken 63.30 resistance as support with RSI(14) cooling off overbought toward mid-range. Structure remains a series of higher lows off the week's impulse, with the 64.00 handle capping the last recovery attempt.
Support: 63.30, 62.00
Resistance: 64.00, 65.119
What it said to watch
H1 acceptance above 64.00 reopens the 65.12 week high
Loss of 63.30 exposes the 62.00 pivot
US CPI on Aug 12 is the next major catalyst for this read
18:03 UTC
Uptrend, momentum cooling · RSI 52 · price 63.324
Pullback after six-week high.
Silver's ~13% weekly rally accelerated on Friday's -23K NFP miss, tagging a six-week high near 65.12 during NY hours before profit-taking dragged price back to the reclaimed 63.30 area. RSI(14) has cooled from overbought toward 52 as the pullback develops, with price hovering right on the H1 EMD20 while holding well above EMA50. The broken 63.30 resistance is now the pivot buyers are defending.
Support: 63.30, 63.05, 62.08
Resistance: 64.00, 65.12
What it said to watch
Loss of 63.05 on an H1 close reopens the 62.08 pivot area
Acceptance above 64.00 revives the push toward the 65.12 week high
US CPI on Aug 12 is the next high-impact catalyst for this move
17:04 UTC
Uptrend, pulling back from highs · RSI 47 · price 63.096
Higher highs into Friday, first pullback off six-week high.
Silver's best week in months: a base off Monday's 57.02 low accelerated into Friday on the -23K NFP shock, ripping to a six-week high near 65.12 before rejection set in. Price has since slipped back below the 63.30-63.37 pivot and is now hovering around EMA20, with RSI(14) cooling out of overbought toward the mid-40s. The broader up-structure holds while the 62.65-62.00 zone stays intact.
Support: 62.65, 62.00, 61.16
Resistance: 63.37, 65.12
What it said to watch
Hourly close back above 63.37 re-establishes the broken pivot as support
Loss of 62.65-62.00 reopens deeper pullback toward 61.16 swing low
US CPI Aug 12 is the next catalyst; a hot core print risks unwinding this week's rally
16:03 UTC
Uptrend, momentum cooling · RSI 56 · price 63.271
Higher highs, pullback from week high.
Silver ripped from Monday's $56.57 low and cleared the $63.30 old resistance during the NY session after the shock NFP miss (-23K vs +80K), running to a week high at $65.12 before selling back into the close. Price remains above EMA20 and EMA50, but the rejection off $65.12 and RSI cooling from overbought signal momentum is easing. The $63.30 old-resistance shelf is now the first line being retested.
Support: 63.30, 62.65, 60.70
Resistance: 65.12
What it said to watch
Sustained H1 close below 63.30 old res turns the breakout into a false break
Loss of 62.65 50-day sma opens the path to 60.70 downside ref
US CPI Tue Aug 12 is the next major catalyst and could sharply reprice this move
16:02 UTC
Uptrend, momentum cooling · RSI 56 · price 63.271
Higher highs, pulling back from week high.
Silver ran from Monday's 56.56 low to a 65.12 week high on Friday's NFP miss (-23K vs +80K), a clean break above the 63.30 pivot confirming the trend shift. Price has since faded off the highs and is retesting 63.30 — the old resistance now acting as support — with RSI cooling from the extreme. Both EMA(20) and EMA(50) sit below, keeping the weekly structure constructive despite the stretch.
Support: 63.30, 62.65, 61.70
Resistance: 65.12, 64.77
What it said to watch
Hourly close below 63.30 opens the path back to 62.65 50-sma
Loss of 62.65 exposes 61.70 prior range
Reclaim of 64.77 puts the 65.12 week high back in play
US CPI Aug 12 is the next major catalyst and could reset this read
15:03 UTC
Uptrend, momentum cooling · RSI 54 · price 63.613
Higher highs, pullback into breakout zone.
Silver ripped to fresh six-week highs at 65.12 during NY hours after the shock -23K NFP print drove a dovish USD repricing, capping the strongest weekly run since Monday's 56.57 low. The last two bars rejected off 64.77 and pulled back to retest the 63.30 breakout zone; price still holds above EMA(20) with RSI cycling down from overbought rather than breaking structure.
Support: 63.30, 62.65
Resistance: 64.77, 65.12
What it said to watch
Hold of 63.30 keeps the breakout intact; loss opens 62.65 prior resistance
Close back above 64.77 puts the 65.12 week high back in play
US CPI Tue Aug 12 is the key catalyst for this stretched rally
15:03 UTC
Uptrend, momentum slowing · RSI 58 · price 63.613
Higher highs, pulling back from week high.
Silver ripped from Monday's $56.56 low to a fresh six-week high at $65.12 after the shock -23K NFP print drove dovish Fed repricing. The last two hours saw rejection off the high with price pulling back to retest the $63.30 breakout zone. RSI has cooled from overbought as momentum slows, though price holds above EMA20 and the $62.65 50-day area.
Support: 63.30, 62.65, 61.16
Resistance: 64.43, 65.12
What it said to watch
Loss of the $63.30 breakout exposes the $62.65 50-day sma
H1 close back above $64.43 prior high reopens the $65.12 week high
Rising support off the $61.16 swing low still governs the trend
US CPI Aug 12 is the key catalyst that could reprice this move
Silver has run near-vertically since Monday's $56.57 low, accelerating Friday after the -23K NFP shock triggered dovish Fed repricing and clearing the pivotal $63.30 resistance. Price tagged a fresh week high at 65.12 before rejecting back toward 63.87, leaving momentum stretched after a four-session climb. The former breakout at 63.30 now sits as first structural support with the 50-day SMA near 62.65 below.
Support: 63.30, 62.65, 60.70
Resistance: 65.12
What it said to watch
H1 close below 63.30 breakout would signal profit-taking after the four-day rally
Loss of 62.65 50-day sma opens the path back toward the 60.70 bull line
US CPI Tue Aug 12 12:30 GMT is the next major driver and could materially shift this read
Silver ran a near-vertical four-day rally from Monday's $56.56 low to a fresh six-week high at $65.12, powered by Friday's shock NFP miss (-23K vs +80K) that flushed Fed-hike bets. The latest NY-session bar rejected the $65.12 high and price has pulled back to $63.87, still holding well above EMA20 and EMA50 with RSI cycling off elevated territory. The $63.30 former resistance is now the pivotal support after the breakout.
Support: 63.30, 62.65
Resistance: 65.119
What it said to watch
Failure to hold 63.30 opens the path back to the 62.65 50d sma
H1 close above 65.119 extends the week's uptrend to round-number territory
US CPI Aug 12 and Fed Bowman (Sat) could materially shift this read after the vertical rally
Silver has run without a meaningful pullback since Monday's $56.57 low, and the soft NFP print at 12:30 GMT drove the sharp 63.83-to-65.12 impulse as the dollar was sold. Price is holding above EMA(20) and EMA(50) with RSI(14) stretched into overbought near 71, confirming the break above the $63.30 pivot. Week high at 65.119 is the immediate cap after the payrolls-driven leg.
Support: 63.83, 63.30
Resistance: 65.119
What it said to watch
H1 close above 65.119 extends the payrolls impulse
Loss of the 63.30 pivot would negate the breakout
US CPI on Aug 12 is the next major risk to this read
13:03 UTC
Strong uptrend, extended · RSI 72 · price 64.654
Series of higher highs into fresh week high.
Silver has run ~14% off Monday's $56.57 low, accelerating through the $63.30 pivot and $63.91 prior high into a fresh six-week peak at $65.12 as the NFP release hit. The move gathered pace on soft US data trimming Fed-hike odds; price is stretched well above EMA(20) with RSI(14) pinned in overbought. The $63.83 area marks the last intraday base beneath the extension.
Support: 63.83, 62.65, 60.70
Resistance: 65.119, 65.00
What it said to watch
Hourly close back below 63.83 would mark the first lower-high after this run
Failure to hold 62.65 (50d sma) reopens 60.70 as deeper support
NFP wage/headline surprise still filtering through — a hot print risks a sharp rejection of 65.00
12:02 UTC
Uptrend, extended · RSI 66 · price 64.114
Higher highs, fresh week high.
Silver has run from Monday's $56.57 low to a fresh week high at 64.627, accelerating through the 63.30 breakout level on soft US data and fading rate-hike bets. Price holds well above EMA20 with RSI(14) elevated near 66 after the latest leg. The last bar stalled around 64.08, a shallow pause inside the week's rising channel rather than a structural break.
Support: 63.30
Resistance: 64.627, 65.00
What it said to watch
US NFP + AHE at 12:30 GMT (~30min) can materially shift this read
H1 close back below 63.30 negates the breakout
Close above 64.627 opens the path toward 65.00
12:02 UTC
Strong uptrend, extended · RSI 69 · price 64.114
Series of higher highs, fresh week high.
Silver has run relentlessly higher since Monday's $56.56 low, printing a fresh six-week high at 64.627 into the NY session as soft US data cooled Fed-hike bets. Price sits well above EMA20 and EMA50 with RSI stretched near 69, and the last two bars stalled just under the 64.627 high after a decisive break of the 63.30 prior-high zone. The trend is intact but extended into the US jobs report.
Support: 63.30, 62.65
Resistance: 64.627, 65.00
What it said to watch
US NFP + AHE at 12:30 GMT could materially shift this read
H1 close above 64.627 extends the run toward 65.00
Failure to hold 63.30 opens a pullback toward 62.65
11:03 UTC
Strong uptrend, extended · RSI 75 · price 64.301
Series of higher highs, breakout above weekly cap.
Silver has accelerated a ~9% weekly rebound off Monday's 56.56 low, clearing the 62.65–63.00 zone that capped two prior attempts this week and printing a fresh high at 64.63 into the London-NY transition. Price sits well above EMA(20) and EMA(50) with RSI(14) stretched near 74, reflecting an extended move. The dovish-Fed repricing and collapsing oil narrative fuelled the leg, and 63.75 now marks the breakout shelf.
Support: 63.745, 62.65
Resistance: 64.627
What it said to watch
US Nonfarm Payrolls at 12:30 GMT could materially shift this read
H1 close back below 62.65 would negate the breakout
Failure to hold 63.75 opens a pullback toward 62.65
11:02 UTC
Strong uptrend, extended · RSI 73 · price 64.301
Higher highs, breakout above prior cap.
Silver has run a ~9% weekly rebound off Monday's 56.55 low, fuelled by soft US data and a Fed dovish repricing, and has now cleared the 62.65 prior cap that stalled two attempts earlier in the week. The latest NY-session push drove price to a 64.63 week high with RSI(14) stretched above 70. Price sits well above EMA20 and EMA50; the 62.65 area is now the first reference on any pullback.
Support: 63.44, 62.65
Resistance: 64.63, 65.00
What it said to watch
US Nonfarm Payrolls at 12:30 GMT (~1.5h) is binary event risk that can override the current read
H1 close back below 63.44 breakout base would question the extension
Sustained rejection at 64.63 week high keeps price capped below 65.00 psych
10:03 UTC
Strong uptrend, extended · RSI 74 · price 64.401
Series of higher highs and higher lows, fresh weekly highs.
Silver has run a near-9% weekly rebound off Monday's 56.56 low, and this London session cleared the 62.65-63.00 cap that had rejected the rally twice, printing fresh highs at 64.63. The breakout above 63.00 is the key structural event; RSI(14) is stretched into overbought as price extends well above EMA(20). The move is fuelled by dovish-Fed repricing and soft US data heading into today's NFP.
Support: 63.00, 62.20, 61.03
Resistance: 64.63
What it said to watch
US Nonfarm Payrolls at 12:30 GMT — binary event that could materially shift this read
H1 close back below 63.00 would negate the breakout and put the prior cap back in play
Failure to hold 62.20 opens the path back toward the 61.03 higher low
10:03 UTC
Strong uptrend, extended · RSI 74 · price 64.401
Higher highs, fresh week high.
Silver has run ~9% off Monday's 56.57 low and pushed through the 62.65-63.00 cap that held twice earlier this week, clearing to a fresh high at 64.63 into the NY session. Price sits well above EMA(20) and EMA(50) with RSI(14) stretched into overbought territory, the move fuelled by dovish-Fed repricing and a collapsing oil bid. The 63.00 area, prior resistance, now flips to first reference support below.
Support: 63.00, 62.20, 61.00
Resistance: 64.63
What it said to watch
US Nonfarm Payrolls at 12:30 GMT today is a binary catalyst that could materially shift this read
H1 close back below 63.00 would signal a failed breakout retest
Loss of 62.20 pivot opens the path toward the 61.00 range top
09:03 UTC
Uptrend, extended into overbought · RSI 75 · price 64.267
Higher highs, fresh breakout to weekly highs.
Silver cleared the 62.65-63 rejection cap that had held since Wednesday and pushed to fresh weekly highs near 64.43, extending the rally off Monday's 56.56 base. The advance accelerated through the NY session with RSI(14) now stretched into overbought, and price is holding well above the rising EMA(20). The soft-labour, weak-oil backdrop drove the week, but positioning is now heavily one-sided into the payrolls print.
Support: 63.00, 62.65
Resistance: 64.43
What it said to watch
US NFP at 12:30 GMT could materially shift this read
Failure to hold 63.00 on a pullback would signal the breakout is being retested
Silver has cleared the $62.65-$63 rejection zone that capped every attempt this week, extending a ~7% rally off Monday's $56.57 low into the $64.30 area during Asia hours. The last three H1 bars printed near-vertical gains on the soft-labour dovish story, leaving RSI(14) deep in overbought territory with price well detached from EMA(20). The $63 former cap now sits as the nearest structural support on any pullback.
Support: 63.00, 62.65
Resistance: 64.43
What it said to watch
US NFP at 12:30 GMT today is the swing catalyst — an upside jobs surprise could reverse this extension
H1 close back below 63.00 would put price back inside the broken rejection zone
RSI at extremes into the print — a stalling high above 64.43 with no new high would flag momentum divergence
08:02 UTC
Uptrend, extended · RSI 71 · price 63.835
Higher highs, fresh breakout.
Silver has rallied hard off Monday's $56.55 low and just cleared the $62.65-$63 rejection cap that held for three sessions, printing a fresh week high at $63.89 in the NY-Asia handover. Price sits well above EMA20 and EMA50 with RSI pushed into overbought near 71, reflecting the soft-labor dovish rebound and collapsing oil. The move is stretched into the US payrolls print, with $62.65 now the flipped level.
Support: 62.65
Resistance: 63.89
What it said to watch
US Nonfarm Payrolls at 12:30 GMT could materially shift this read
A close back below 62.65 would negate the breakout and return price into the prior range
Holding above 62.65 keeps the higher-high structure intact
08:02 UTC
Uptrend, extended · RSI 71 · price 63.835
Breakout above prior cap, fresh week highs.
Silver has cleared the $62.65-$63 rejection zone that capped it all week, printing fresh week highs at 63.89 into the NFP release. The move extends a ~7% rally off Monday's 56.56 low, driven by softer US labor data trimming Fed hawkishness; RSI(14) sits stretched near 71 with price well above EMA(20) and EMA(50). Prior cap at 62.65 now flips to first support on any pullback.
Support: 62.65
Resistance: 63.89, 64.00
What it said to watch
US Nonfarm Payrolls at 12:30 GMT is the swing catalyst for the next bars
H1 close back below 62.65 puts price back inside the prior week range
Sustained trade above 64.00 psych extends the breakout
07:02 UTC
Uptrend, extended into resistance · RSI 75 · price 63.638
Silver has ripped ~7% off Monday's $56.57 low, and the latest bar cleared the $62.65 50-DMA and the $63.00 cap that had held all week, printing a fresh high at $63.89 into the NFP window. Price sits well above EMA(20) and EMA(50) with RSI(14) stretched into overbought after the vertical push through NY hours. The $63.00 zone that capped the rally now flips to the nearest reference on any pullback.
Support: 63.00, 62.65, 61.90
Resistance: 63.89, 64.00
What it said to watch
US Nonfarm Payrolls at 12:30 UTC — dominant catalyst that could invalidate this breakout read
H1 close back below 63.00 negates the cap break and returns price into the 61.90-62.65 range
Hold above 63.00 keeps the path toward the $64.00 psych level open
07:02 UTC
Uptrend, fresh breakout leg · RSI 70 · price 63.638
Higher highs, breaking prior week cap.
Silver ripped from Monday's 56.56 low and cleared the 62.65 50-DMA that had capped the rally, with the latest bar punching through the 63.00 psych cap on a wide-range candle to a week high at 63.89. Price sits well above EMA20 and EMA50 with RSI(14) near 70 — momentum is stretched into the move. The advance follows this week's soft-labour narrative (ADP 44K) that has weighed on the dollar.
Support: 63.00, 62.65
Resistance: 63.893
What it said to watch
US Nonfarm Payrolls at 12:30 UTC is the dominant catalyst and could reshape this read within the next bars
Failure to hold the reclaimed 63.00 cap would question the breakout and reopen the 62.65 50-DMA
A sustained close above 63.89 extends the week high
06:03 UTC
Uptrend, into resistance · RSI 65 · price 62.717
Higher highs, testing week range top.
Silver has climbed steadily off Monday's 56.57 low, reclaiming the 50-DMA zone and pushing to 62.72 with price holding above both EMAs since the Tuesday-Wednesday impulse. The 62.89 week high and the 63.00 psych cap have kept a lid on the last two attempts, while pullbacks have found demand around 61.16. RSI sits mid-60s, firm but not yet extended.
Support: 62.03, 61.16
Resistance: 62.89, 63.00
What it said to watch
US Nonfarm Payrolls at 12:30 UTC (~6h) could materially shift this read
H1 close above 63.00 opens continuation; failure keeps the week range capped
Loss of 62.03 exposes the 61.16 swing low
06:02 UTC
Uptrend, testing weekly cap · RSI 64 · price 62.717
Higher highs, higher lows.
Silver has climbed ~7% off Monday's 56.57 low and is now pressing the 62.65 50-DMA and the weekly high near 62.9 after a firm NY session rebound. Price holds above EMA20/EMA50 with RSI cycling in the low 60s, and demand has stepped in repeatedly at the 61.1-60.9 higher-low band. The 63.00 psych level remains the cap on this week's advance.
Support: 61.156, 60.861
Resistance: 62.887, 63.00
What it said to watch
US NFP at 12:30 UTC could materially shift this read
H1 close above 62.887 opens the path toward 63.00 psych
Failure to hold the 61.16 higher low breaks the week's ascending structure
05:04 UTC
Uptrend, momentum slowing near cap · RSI 56 · price 62.292
Higher lows into 50-dma resistance.
Silver rebounded ~7% off Monday's $56.57 low, ripping through Tuesday-Wednesday's NY sessions to a week high near $62.89 before the $62.65 50-DMA capped the move. Price has since carved higher lows around $60.86-$61.16 and is now consolidating back toward the cap into $62.30. RSI(14) sits mid-range near 56, holding above EMA20 with the week's advance intact.
Support: 61.16, 60.86
Resistance: 62.65, 62.89
What it said to watch
US NFP at 12:30 UTC could materially shift this read
H1 close above 62.65 would flip the tone and open 62.89
Failure to hold 61.16 confirms a lower-low back toward 60.86
Silver ripped ~7% off Monday's 56.57 low across the Tue-Wed sessions to a one-month high near 62.89, helped by a soft ADP print and easing oil, then based on higher lows into the NY hours. Supply capped the run at the 62.65 50-DMA and 63.00, with price now consolidating in the 61.15-62.40 band beneath that cap. RSI(14) has cycled back to the high-50s and price holds above both EMAs, keeping the weekly bounce structure intact.
Support: 60.90, 59.40
Resistance: 62.65, 63.00
What it said to watch
Clean H1 close above 62.65 opens the path to the 63.00 cap
Loss of 60.90 bull line breaks the higher-low sequence toward 59.40
US Nonfarm Payrolls 12:30 UTC could materially shift this read
04:03 UTC
Recovery uptrend, momentum slowing near cap · RSI 56 · price 62.346
Higher lows off Monday low, capped sub-62.65.
Silver bounced ~7% off Monday's 56.57 low, ripping to a one-month high at 62.89 before the 50-DMA at 62.65 capped the advance and forced a pullback toward 60.90. Price has since rebuilt into the 61.0-62.4 band and sits back above EMA20, with RSI cycling mid-range after the surge. The 62.65 50-DMA and 63.00 psych level remain the ceiling on this week's recovery.
Support: 61.02, 60.90, 59.40
Resistance: 62.65, 62.887, 63.00
What it said to watch
US NFP at 12:30 UTC could materially shift this read
H1 close above 62.65 50-dma then 63.00 flips the weekly tone
Failure to hold 60.90 bull line opens the 59.40 yearly-low area
Silver ripped ~7% off Monday's 56.57 low into a one-month high near 62.89, then spent Wednesday–Thursday consolidating in the 61.00–62.65 band as DXY reclaimed 100 ahead of payrolls. Into the Asian session price has pushed back above EMA(20) toward 62.36, with the 50-DMA at 62.65 having capped every attempt this week. RSI(14) mid-50s reflects renewed upside pressure without an extreme.
Support: 61.02, 60.90
Resistance: 62.65, 62.89, 63.00
What it said to watch
H1 close above 62.65 50-dma cap and 62.89 week high opens the path to the 63.00 psych level
Loss of the 61.02 swing low breaks the week's higher-low sequence
US NFP at 12:30 UTC could materially shift this read — a hot print risks rejection back toward 60.90
Silver has run ~10% off Monday's 56.557 low as collapsing oil and soft US labor data fed the metals bid, but the advance stalled against the 50-day SMA near 62.65 and the 62.887 week high. Since yesterday's NY session price has coiled in a 61.0–62.5 band, holding above EMA(20) with RSI(14) cooling from stretched levels back to the mid-50s. The 62.65–63.00 zone has capped every push while dips into 61.0 have found demand.
Support: 60.965, 60.70, 59.40
Resistance: 62.65, 62.887, 63.00
What it said to watch
US Nonfarm Payrolls at 12:30 UTC could materially shift this read
H1 close above 62.65 opens the path toward the 63.00 psych level
Loss of 60.70 support exposes 59.40 and unwinds the week's rally structure
Silver rallied roughly 10% off Monday's $56.57 low as collapsing oil and soft US labor data lifted metals, but the advance has stalled at the 50-day SMA near $62.65 and price has spent the last two days boxed between $61.16 and that cap. RSI(14) has cooled off overbought into the mid-50s while price holds above both EMA20 and EMA50, keeping the pullbacks shallow. Two probes toward $62.65-62.89 this week have been rejected.
Support: 61.16, 60.70, 59.40
Resistance: 62.65, 62.89, 63.00
What it said to watch
US NFP at 12:30 UTC is the swing factor and could materially shift this read
Hourly close above 62.65 opens the path toward 63.00
Silver has rallied roughly 10% off Monday's 56.56 low to 62, driven by soft US labour data and collapsing oil easing the inflation thread. Price is now consolidating in a 61.70–62.65 band, rejected twice ahead of the 50-day SMA near 62.65 and the 62.88 week high. RSI(14) has cooled from overbought into the mid-50s while price holds above both EMA(20) and EMA(50).
Support: 61.70, 60.70
Resistance: 62.65, 62.88, 63.00
What it said to watch
US Nonfarm Payrolls Fri 12:30 UTC (~10h) is the dominant catalyst for this read
H1 close above 62.65 opens the path to 63.00
Loss of 61.70 then 60.70 pivot would break the consolidation lower
02:02 UTC
Uptrend, momentum stalling · RSI 56 · price 62.14
Consolidation below 50d sma after two-day rally.
Silver rebounded roughly 10% off Monday's $56.56 low into $62 as collapsing oil and soft US labour data (ADP 44K miss) fed the disinflation thread, but the advance has stalled below the 50-day SMA near 62.65 and the 63.00 cap. Price has churned in a 61.70–62.65 band since Wednesday's NY session, holding above EMA(20) with RSI(14) cycling in the mid-50s. Two-day-old highs at 62.89 remain unbroken.
Support: 61.70, 60.97, 60.70
Resistance: 62.65, 62.89, 63.00
What it said to watch
US Nonfarm Payrolls Fri 12:30 UTC is the dominant catalyst for this range
H1 close above 62.65 opens the path toward the 63.00 cap
Loss of 61.70 exposes the 60.70 pivot, then 60.97 swing low
01:04 UTC
Uptrend, momentum cooling · RSI 47 · price 61.365
Consolidating below week high.
Silver ran ~10% off Monday's 56.57 base into the 62.65 50d sma zone before stalling under the 62.89 week high, the move fed by soft US labour data and falling oil. Since Wednesday's NY session the metal has churned in a 61.0–62.65 band, with the current pullback sitting just below EMA20 and RSI(14) cooling toward the mid-40s. The 60.70 pivot has held under-side pressure while the week high caps upside.
Support: 60.70, 61.02, 59.40
Resistance: 62.65, 62.89, 63.00
What it said to watch
US NFP at 12:30 UTC today is the dominant catalyst and could reset this range
Hourly close above 62.65 opens the path toward the 63.00 psych cap
Loss of the 60.70 pivot exposes 59.40 and confirms a lower low
01:03 UTC
Uptrend, momentum cooling · RSI 48 · price 61.365
Consolidation below week high after impulse.
Silver ran roughly 10% off Monday's 56.557 low into 62.887, driven by soft US labor data and collapsing oil, before being rejected below the 50-day SMA near 62.65. Since Wednesday's NY session price has churned in a 61.0-62.5 band and has slipped back under EMA20, with RSI cooling toward neutral. The broader higher-low sequence off Monday remains intact while 60.70 holds.
Support: 60.965, 60.70, 59.40
Resistance: 62.65, 62.887, 63.00
What it said to watch
US Nonfarm Payrolls at 12:30 UTC today is the dominant catalyst and could reset this read
H1 close above 62.65 opens the path back to the 62.887 week high and 63.00 cap
Loss of 60.70 exposes 59.40 and breaks the week's higher-low structure
Silver rallied roughly 10% off Monday's base into 62.75 on soft US labour data and falling oil, then stalled after a rejection below the 50-day sma near 62.65 and the 63.00 psych cap. Price has since churned in a 60.97–61.83 band with RSI(14) flattening around the midline, holding above EMA50 but slipping under EMA20. The consolidation sits above the 60.70 pivot ahead of the next catalyst.
Support: 60.97, 60.70, 59.40
Resistance: 61.83, 62.65, 63.00
What it said to watch
US Nonfarm Payrolls Fri 12:30 UTC is the dominant catalyst for this read
H1 close above 62.65 opens the path toward the 63.00 psych cap
Silver rallied ~10% off Monday's $56.57 base into a $62.88 week high on soft US labor data and collapsing oil, but stalled at the $62.65 50-day SMA rejection zone. Price has consolidated in the $60.90–$62.50 band since Wednesday's NY session, now sitting just below EMA(20) with RSI(14) cycling near the mid-line. The two-day range top remains capped, holding above EMA(50).
Support: 60.70, 59.40
Resistance: 62.65, 62.88
What it said to watch
H1 close above 62.65 opens the path toward the 62.88 week high
Loss of the 60.70 pivot exposes 59.40
US NFP Fri 12:30 UTC is the dominant catalyst for the next leg