59.60–60.22 range since the $60 break, lower highs from 60.222.
The London-NY transition flush through $60 to the 58.978 flush low came on yield-driven USD strength, and the rebound has since been capped near the 60.00 round number, with lower highs from the 60.222 swing high. Hawkish FOMC Minutes left that cap intact, and early Asia session is grinding between a 59.706 session low and 59.900 session high, near the 61.8% retrace of the flush.
Support: 59.706, 59.597, 58.978
Resistance: 59.90, 60.00, 60.222
What it said to watch
M15 close above the 60.00 round number and the lower-highs line invalidates the capped-range read and puts the 60.222 swing high in play
Break of the 59.706 session low and then the 59.597 swing low reopens 59.35 and the 58.978 flush low
Fed's Waller at 08:30 UTC and Initial Jobless Claims at 12:30 UTC (f/c 200K) could break the range either way
23:33 UTC
Sideways below 60.00, lower highs since NY · RSI 56 · price 59.809
Tight Asian range inside 59.60–60.22 post-flush band.
Early Asia session is coiling in a 59.706–59.861 range after the hawkish FOMC Minutes dropped price to a 59.597 minutes low, following a fade from the 60.222 NY high. Price sits on the 61.8% retrace of the earlier 60.28–58.98 flush, near 59.78. A lower-highs trendline from 60.222 is pressing from above, with RSI(14) neutral near 56.
Support: 59.706, 59.597, 59.345
Resistance: 59.861, 60.00, 60.222
What it said to watch
M15 close above the 59.861 asia high breaks the lower-highs trendline and puts the 60.00 round number and 60.222 ny high back in play
Loss of the 59.706 asia low exposes the 59.597 minutes low, then the 59.345 swing low
Fed's Waller at 08:30 UTC and Jobless Claims at 12:30 UTC could materially shift this read
Lower highs from 60.222 swing high, Asia pressing session high near fib 38.2%.
Silver has held a 59.60–60.22 box since the flush to the 58.978 day low. The hawkish FOMC Minutes kept the $60 psych level capping, and the 60.222 swing high marks the last lower high. Early Asia is lifting off the 59.706 Asian low into the fib 38.2% at 59.836, with RSI(14) neutral near 55.
Support: 59.706, 59.597, 58.978
Resistance: 59.91, 60.222
What it said to watch
M15 close above the fib 50% at 59.910 and $60 psych opens a retest of the 60.222 swing high
Failure back below the 59.706 Asian low returns focus to the 59.597 swing low
A break of the 59.597 swing low exposes the 58.978 day low
Fed's Waller (08:30 UTC) and Jobless Claims (12:30 UTC, f/c 200K) could materially shift this read
Tight Asian range under a lower-highs line after rejection at 60.222.
The early-NY flush through 60.00 to the 58.978 flush low was retraced. That rebound was rejected at the 60.222 swing high, then faded to the 59.597 swing low, 50% of the rebound, as yields and the USD held firm around the hawkish FOMC Minutes. Asia session is holding a tight Asian range of 59.706–59.844 beneath a lower-highs line, with RSI(14) neutral near 49.
Support: 59.706, 59.597, 58.978
Resistance: 59.844, 60.00, 60.222
What it said to watch
Break of the 59.844 Asian high and the lower-highs line puts the 60.00 psych level back in view
Loss of the 59.706 Asian low and then the 59.597 swing low exposes the 58.978 flush low
M15 close above the 60.222 swing high invalidates the lower-highs read
Fed's Waller (08:30 UTC) and Initial Jobless Claims (12:30 UTC) could materially shift this read
22:47 UTC
Downtrend, rebound faded · RSI 42 · price 59.732
Lower high at 60.222 after spike low, tight drift below 60.00.
Silver broke below 60.00 on the hawkish FOMC Minutes, spiking to 58.978 before the rebound stalled at a 60.222 lower high. Early Asia session is holding a tight 59.71–59.84 band under the 59.842 bounce high, with the 59.597 swing low sitting on the 50% rebound fib retracement.
Support: 59.597, 59.345, 58.978
Resistance: 59.842, 60.00, 60.222
What it said to watch
A break of the 59.597 swing low exposes the 59.345 pullback low and then the 58.978 spike low
A close back above the 60.00 round number and the 60.222 lower high negates the lower-highs sequence
Fed's Waller (08:30 UTC) and Initial Jobless Claims (12:30 UTC) could materially shift this read
22:33 UTC
Downtrend, consolidating after flush · RSI 43 · price 59.755
Lower highs from 60.22 compressing into a 59.60–59.84 band.
Silver flushed through $60 to the 58.98 flush low as hawkish FOMC Minutes and firm yields hit metals, then rebounded into a range capped by the 60.22 swing high. Lower highs since then, under a descending lower-highs line, have squeezed price between the 59.60 swing low and the 59.84 lower high as the new Asia session opens.
Support: 59.60, 59.345, 58.978
Resistance: 59.842, 60.00, 60.222
What it said to watch
Close below the 59.60 swing low exposes the 59.35 pullback low and then the 58.98 flush low
Close above the 59.84 lower high breaks the lower-highs line and brings the 60.00 round number and 60.22 swing high back into view
Fed's Waller (08:30 UTC) and Initial Jobless Claims (12:30 UTC, f/c 200K) could materially shift this read
Lower highs after rebound stalled at the 50% retrace; tight 59.60–59.85 coil.
Silver bled from the 61.47 Asia high through London, then flushed to the 58.98 flush low near 12:15 UTC. The rebound hit rejection at 60.22, the rebound high and 50% fib of the move. After the hawkish FOMC Minutes, the minutes high at 60.02 began a run of lower highs, and price is now coiled between the 59.60 swing low and the 59.85 range top into early Asia, RSI(14) ~46.
Support: 59.597, 58.978
Resistance: 59.844, 60.016, 60.222
What it said to watch
M15 close above the 59.85 range top and the lower highs line opens the 60.02 minutes high, then the 60.22 rebound high
Failure to hold the 59.60 swing low exposes the 58.98 flush low and the $59 trigger flagged in the news
Fed's Waller (08:30 UTC) and Initial Jobless Claims (12:30 UTC, f/c 200K) could materially shift this read
Lower highs since 60.222 inside a 59.60–60.22 box.
Silver broke $60 on the NY open with a flush to the 58.978 day low, then retraced most of the drop; hawkish FOMC Minutes kept rebounds capped below the 60.222 swing high, and highs have stepped lower since. The new Asia session opens at 59.82, near the 61.8% fib of the flush, with the late NY low at 59.597 holding.
Support: 59.597, 59.345, 58.978
Resistance: 60.00, 60.222
What it said to watch
Loss of the 59.597 late NY low extends the lower-high sequence and exposes the 59.345 swing low, then the 58.978 day low
An M15 close above the 60.00 round number breaks the lower-highs trendline; the 60.222 swing high is next above
Fed's Waller (08:30 UTC) and Initial Jobless Claims (12:30 UTC, f/c 200K) could materially shift this read
Rebound from 58.98 capped at 60.22; lower highs at 60.02 and 59.84 over a 59.60 double low.
Silver lost 60.00 in a 12:15 UTC spike to 58.98 during the London-NY transition. The rebound topped at the 60.22 swing high, and after the hawkish FOMC Minutes NY printed lower highs at the 60.00 psych and 59.84. Price is now flat on EMA20 just above the 59.60 double low, the 50% fib of the rebound, with RSI(14) near 43 into the daily break.
Support: 59.60, 59.35, 58.98
Resistance: 59.84, 60.00, 60.22
What it said to watch
A break of the 59.60 double low exposes the 59.35 swing low and the 58.98 spike low
A close above the 59.84 lower high and the 60.00 psych breaks the lower-highs sequence; 60.22 swing high is the next cap
Fed's Waller at 08:30 UTC and Jobless Claims at 12:30 UTC Thursday could materially shift this read; the Asia session after the break may be thin
Post-flush range 59.35–60.22 with lower highs since 60.222.
Silver extended the Asia-London slide through $60 to a 58.978 spike low in early NY as yields and the USD firmed. The rebound stalled at a 60.222 swing high, and the hawkish FOMC Minutes left a rejection just above the 60.00 round number. Late-NY trade is drifting between the 59.597 NY low and a 59.842 lower high, sitting on EMA20 and the 61.8% of the flush fib, with RSI(14) near 44.
Support: 59.597, 59.345, 58.978
Resistance: 59.842, 60.00, 60.222
What it said to watch
M15 close above the lower highs line and the 60.00 round number reopens the 60.222 swing high
Failure to hold the 59.597 NY low exposes the 59.345 swing low, then the 58.978 spike low
Fed's Waller (08:30 UTC) and Initial Jobless Claims (12:30 UTC, f/c 200K) could materially shift this read
Pennant: lower highs from 60.222, higher lows from 59.345.
Silver bled from 61.47 through Asia and London, then an early-NY flush broke $59 to the 58.978 flush low before an immediate reclaim, a false break. Since then price has coiled into a pennant, with lower highs from the 60.222 NY high and the 60.06 handle capping the post-FOMC Minutes bounce, and higher lows off the 59.345 retest low. RSI(14) is near 43 and price is pinned at EMA20 into the NY close.
Support: 59.597, 59.345, 58.978
Resistance: 59.842, 60.06, 60.222
What it said to watch
M15 close below the 59.597 swing low breaks the higher-low chain and puts the 59.345 retest low back in play
Loss of the 58.978 flush low would turn the earlier false break into a sustained break of $59
Close above the 59.842 lower high, then the 60.06 handle, invalidates the pennant's lower-high sequence toward the 60.222 NY high
Fed's Waller at 08:30 UTC and Jobless Claims at 12:30 UTC (f/c 200K) could materially shift this read
Lower highs since 60.22 rebound high, lows holding 59.60.
Silver rebounded from the 58.98 flush low hit in the London-NY transition. The move faded from the 60.22 rebound high into lower highs after the hawkish FOMC Minutes, with the 60.00 round number capping the post-release push. Into the late NY session the 59.60 swing low, the 50% retrace of the rebound, is holding and price sits on EMA20 with RSI(14) near 45.
Support: 59.60, 59.345, 58.978
Resistance: 59.842, 60.016, 60.222
What it said to watch
M15 close below the 59.60 swing low exposes the 59.35 pullback low near the 61.8% retrace of the rebound
Break of the lower-high line through 59.84 plus a 60.00 round number reclaim neutralises the lower-high sequence
Loss of the 58.98 flush low puts price under the $59 trigger flagged in the news
Waller 08:30 UTC and Jobless Claims 12:30 UTC could materially shift this read
20:47 UTC
Downtrend, compressing after NY flush · RSI 42 · price 59.748
Lower highs from 60.22 vs higher lows from 59.35, coiling near 59.75.
Silver bled from the 61.47 Asian high through London, then flushed through $60 to the 58.98 flush low in the first hour of NY. It recovered to the 60.22 NY high, but hawkish FOMC Minutes kept it capped. Late NY now has lower highs from 60.22 and higher lows from 59.35 compressing price at 59.75, the 38.2% of the recovery fib, with the 59.60 swing low near the 50% level.
Support: 59.597, 59.345, 58.978
Resistance: 59.838, 60.00, 60.222
What it said to watch
M15 close below the 59.60 swing low breaks the higher lows trendline and exposes the 59.345 higher low and the 58.98 flush low near the $59 trigger
M15 close above the 59.84 lower high and the 60.00 round number breaks the lower highs line and reopens the 60.22 NY high
Fed's Waller at 08:30 UTC and Initial Jobless Claims at 12:30 UTC (f/c 200K) could materially shift this read
20:34 UTC
Downtrend, consolidating after flush · RSI 50 · price 59.825
The 12:15 UTC flush to the 58.978 day low, on the yield- and oil-driven USD bid, was retraced to the 60.222 swing high during NY hours. Supply has capped every attempt at psych 60 since, and the FOMC Minutes left only lower highs. Price sits at 59.82, at the 61.8% of the drop, with demand stepping in at the 59.597 minutes low (the 50% level).
Support: 59.597, 59.345, 58.978
Resistance: 60.222
What it said to watch
A close below the 59.597 minutes low reopens the 59.345 swing low and the 58.978 day low
Reclaiming psych 60 and closing above the 60.222 swing high would break the lower-high sequence
Waller (08:30 UTC) and Jobless Claims (12:30 UTC) on Thursday could materially shift this read
Lower highs since 60.222 NY high, testing 50% fib of rebound.
Silver slid from the 61.47 Asian high through $60 during London on firm USD and high yields, then flushed to a 58.978 session low around 12:15 UTC before rebounding to the 60.222 NY high. The post-Minutes pop stalled at the 60.016 minutes high, and lower highs have since pulled price back to the 50% fib near 59.60 late in the NY session, with RSI(14) at 44 and price below both EMAs.
Support: 59.597, 59.345, 58.978
Resistance: 60.016, 60.222
What it said to watch
M15 close below 59.597 (50% fib) exposes the 59.345 swing low and the 58.978 session low
Reclaim of the 60.016 minutes high and $60 breaks the lower-high sequence and reopens the 60.222 ny high
Fed's Waller (Thu 08:30 UTC) and Jobless Claims (12:30 UTC) could materially shift this read via yields
Lower highs since 17:00 UTC, pressing 50% retrace.
Silver lost the $60 handle in the 12:15 UTC flush to 58.978 as yields pressed 24-year highs. The NY rebound was rejected at the 60.222 swing high and again at the post-FOMC Minutes high of 60.016. Late-NY lower highs under the falling trendline now lean on the 59.597 recent low, which sits at the 50% fib of the 58.978–60.222 bounce.
Support: 59.597, 59.345, 58.978
Resistance: 59.836, 60.016, 60.222
What it said to watch
A close above the 59.836 lower high breaks the falling trendline and the late-NY lower-high sequence
Failure to hold the 59.597 recent low and 50% fib exposes the 59.345 swing low, then the 58.978 flush low
A reclaim of the 60.016 minutes high puts price back above $60; the 60.222 swing high is the cap of the bounce
Waller (Thu 08:30 UTC) and Jobless Claims (Thu 12:30 UTC, f/c 200K) could shift the yield read driving silver
Lower highs below 60.222 NY high, price testing the 59.605 swing low.
Silver bled from 61.40 through Asia and London, then flushed to a 58.978 flush low in early NY hours as the yields-and-oil USD bid extended. The rebound stalled at the 60.222 NY high, and FOMC Minutes at 18:00Z capped it again at the 60.016 minutes high. Late NY now shows a lower-high sequence under the descending trendline, with price pressing the 59.605 swing low at the 50% fib of the rebound. RSI(14) is near 34 and price sits below EMA20 and EMA50.
Support: 59.605, 59.345, 58.978
Resistance: 59.881, 60.016, 60.222
What it said to watch
Close below the 59.605 swing low and 50% fib exposes the 59.345 pullback low, then the 58.978 flush low
Close above the 59.881 lower high and the descending trendline breaks the post-minutes lower-high sequence; the 60.016 minutes high and 60.222 NY high are next
Fed's Waller (Thu 08:30Z) and Jobless Claims (Thu 12:30Z) could materially shift this read; the 10y yield vs 5.35% remains the driver
Late in the NY session, silver is slipping after the FOMC Minutes pop to 60.016 was rejected under the 60.00 psych level, the second lower high after the 60.222 rebound high. The 59.605 swing low has broken the higher-low chain off the 58.978 day low, with price between the 38.2% and 50% rebound fib levels as 10y yields near 5.31% and a firm USD keep silver heavy.
Support: 59.605, 59.453, 58.978
Resistance: 60.00, 60.222
What it said to watch
Break of the 59.605 swing low exposes the fib 61.8 at 59.45, then the 58.978 day low
M15 close back above the 60.00 psych level and the 60.222 rebound high breaks the lower-high sequence
Fed's Waller (Thu 08:30Z) and Initial Jobless Claims (Thu 12:30Z) could materially shift this read
Lower highs from 60.22 swing high, testing 59.60 swing low.
Silver flushed from the 60.28 flush high to the 58.98 session low at 12:15Z, then recovered to a 60.22 swing high. The 18:00Z FOMC Minutes drew only a brief pop to the 60.00 psych level before the lower-highs sequence resumed. Late in the NY session price sits at 59.67, testing the 59.60 swing low near the 50% retrace of the flush, with RSI(14) near 43 and price below both EMAs as firm yields keep pressure on.
Support: 59.605, 59.345, 58.978
Resistance: 60.00, 60.222, 60.28
What it said to watch
M15 close below the 59.60 swing low exposes the 59.35 13:30z low, then the 58.98 session low
Close back above 60.00 psych and the lower-highs trendline invalidates the post-Minutes fade, with the 60.22 swing high next
60.28 flush high marks the top of the breakdown; only a move through it negates the intraday downtrend
Fed's Waller (Thu 08:30Z) and Jobless Claims (Thu 12:30Z) could materially shift this read via yields
Post-flush consolidation, lower highs since 17:00Z.
Silver flushed to 58.978 at 12:15Z as yields and the USD firmed. It then retraced most of the drop into a 60.222 NY high before rejection pushed it back under the $60 psych level. FOMC Minutes drew a muted response, and price is coiling between the 59.73 minutes low and 60.00 on a run of lower highs, near the 61.8% flush retrace.
Support: 59.73, 59.345, 58.978
Resistance: 60.00, 60.222, 60.28
What it said to watch
M15 close above the 60.222 NY high breaks the lower-highs sequence and exposes the 60.28 pre-drop high
Loss of the 59.73 minutes low (61.8% flush retrace) opens the 59.345 pullback low, then the 58.978 flush low
Fed's Waller Thu 08:30Z and Initial Jobless Claims 12:30Z could materially shift this read
18:48 UTC
Downtrend, consolidating after 12:15 UTC flush · RSI 51 · price 59.797
Lower highs compressing into a 59.73–60.05 band below the 60.22 NY high.
Silver lost the 60.44 Asian low during London and flushed to a 58.98 spike low just before NY open as yields and the USD firmed. The recovery stalled with a rejection at the 60.22 NY high, and since the FOMC Minutes price has printed lower highs under the 60.05 range cap while holding the 59.73 swing low, near the 61.8% retrace of the flush.
Support: 59.73, 59.345, 58.978
Resistance: 60.05, 60.222, 60.437
What it said to watch
M15 close below the 59.73 swing low exposes the 59.35 pullback low, then the 58.98 spike low
Close above the 60.05 range cap and the lower highs line reopens the 60.22 NY high, with the 60.44 Asian low above
FOMC Minutes digestion into the close, then Waller Thu 08:30Z and jobless claims 12:30Z, could materially shift this read
18:33 UTC
Downtrend, basing after a flush · RSI 51 · price 59.825
Higher lows off 58.978, capped below 60.00–60.22.
Silver extended its Asia-London slide from 61.47 and flushed from the 60.28 drop origin to a 58.978 session low into the NY open, briefly taking out the 59.70 prior low against a firm USD and 5.3% yields. NY has since built higher lows from the 59.345 swing low. Supply keeps capping psych 60.00 and the 60.222 swing high, and price is pressing the higher-low line near 59.77, just above the 61.8% retrace of the drop, with RSI(14) neutral near 51.
Support: 59.77, 59.345, 58.978
Resistance: 60.00, 60.222, 60.28
What it said to watch
M15 close below the 59.77 higher low breaks the higher-low line and reopens the 59.345 swing low
Close above the 60.222 swing high clears psych 60.00 and exposes the 60.28 drop origin
Loss of the 58.978 session low resumes the downtrend leg
FOMC Minutes (18:00 UTC slot) could materially shift this read
Post-flush range 59.35–60.22, lower highs pressing flat 59.77 lows.
Silver slid through the Asia and London sessions, then flushed to the 58.978 flush low just before the NY open, briefly undercutting the 59.70 two-month low before reclaiming it. Since then price has rotated inside a range, with lower highs off the 60.222 rebound high against swing lows at 59.77, the 61.8% level of the flush fib. The FOMC Minutes at 18:00 UTC have drawn a muted reaction so far, leaving price pinned near 59.86 late in the NY session with RSI(14) neutral at ~51.
Support: 59.77, 59.345, 58.978
Resistance: 60.05, 60.222, 60.28
What it said to watch
M15 close below the 59.77 swing lows exposes the 59.345 higher low; losing the 58.978 flush low would mark a fresh lower-low
Close above the 60.05 range cap and the 60.222 rebound high reopens the 60.28 pre-flush high
Delayed repricing of the FOMC Minutes, with US 10y yields near 5.35%, could break the range; Fed's Waller speaks Thu 08:30 UTC
18:05 UTC
Downtrend, stalled into a range · RSI 51 · price 59.828
Range 59.56–60.22 after the 58.98 flush, highs stepping lower.
Silver's slide from the 61.47 Asian high ended in a 12:15 UTC flush through the 60.00 psych level and the $59.70 Friday low to the 58.978 flush low, as yields and a firm USD weighed. Price then rebounded and has ranged through NY hours, with the 60.222 spike high rejected, the 59.765 swing low holding and price parked near the 61.8% level of the flush fib, just under EMA20 with RSI(14) flat near 51.
Support: 59.765, 59.558, 58.978
Resistance: 60.00, 60.222, 60.28
What it said to watch
FOMC Minutes at 18:00 UTC fall on the current bar and could materially shift this read; a hawkish outcome puts the 58.978 flush low back in focus
M15 close below the 59.765 swing low and the 59.558 range low ends the post-flush range
Close back above the 60.00 psych level and the 60.222 spike high puts the 60.28 pre-flush top in view
Higher lows off 58.978 flush, capped at 60.05–60.22.
Steady selling through Asia and London took silver to the 60.00 handle. A flush to the 58.978 low followed just before the NY open, and the recovery from there has been capped three times near 60.05 and rejected at the 60.222 NY high. Price at 59.84 is pressing the rising trendline off the 59.345 swing low with RSI(14) near 48, as firm yields and USD weigh into the FOMC Minutes.
Support: 59.76, 59.345, 58.978
Resistance: 60.05, 60.222, 60.28
What it said to watch
FOMC Minutes at 18:00 UTC (~15 min) could materially shift this read; a hawkish read would put the 58.978 flush low back in focus
Loss of the rising trendline and the 59.76 higher low (near the recovery fib 38.2% at 59.75) exposes the 59.345 swing low
M15 close above the 60.05 triple cap and the 60.222 NY high reopens the 60.28 drop origin
Higher-low chain off 58.98 low, rejection at session high.
Asia-London selling from 61.85 ended in an early-NY flush to the 58.98 flush low. The drop briefly broke the $59.70 two-month low, then recovered on a higher-low chain back to the 60.00 psych as yields and a firm USD stayed in charge. The latest swing printed a rejection at the 60.22 session high, leaving price just above EMA20 with RSI(14) neutral near 51.
Support: 59.765, 59.558, 58.978
Resistance: 60.00, 60.222, 60.28
What it said to watch
FOMC Minutes at 18:00 UTC (~30 min) could materially shift this read via yields and USD
M15 close above the 60.22 session high reopens the 60.28 pre-drop high
Loss of the 59.77 higher low (~38.2% of the recovery fib) and rising support breaks the chain and exposes the 59.56 swing low
Higher-low chain since 58.978, price back at 60.00 psych.
Silver broke below the Asian range through London and flushed to a 58.978 flush low in the 12:15 UTC hour as the USD bid on 5.3% yields. Since then a higher-low chain has carried price back to the 60.00 psych / 78.6% fib, just under the 60.222 swing high and the 60.28 pre-drop high. The EMA50 near 60.12 is capping the bounce after London close.
Support: 60.00, 59.765, 58.978
Resistance: 60.222, 60.28
What it said to watch
FOMC Minutes at 18:00 UTC could materially shift this read
M15 close above the 60.28 pre-drop high fully retraces the flush and reclaims the pre-drop base
Failure to hold the 60.00 psych and the 59.765 higher low breaks the recovery trendline
A retest of the 58.978 flush low reopens the London downtrend
17:06 UTC
Downtrend, NY rebound stalling · RSI 46 · price 59.802
Higher lows capped by 60.06, compressing below 60.00.
Silver extended the Asia-London slide from 61.47 with a 12:15 UTC flush to the 58.98 crash low as yields and the USD firmed. The NY rebound has printed higher lows at 59.35, 59.56 and 59.76 along a rising lows line, but was rejected twice at the 60.06 rebound high just over the 60.00 psych handle. RSI(14) is near 46, and price is sitting on the 23.6% level of the rebound fib.
Support: 59.76, 59.56, 58.98
Resistance: 60.00, 60.06, 60.28
What it said to watch
FOMC Minutes at 18:00 UTC (~1h) could materially shift this read
M15 close above the 60.06 rebound high reclaims 60.00 psych and opens the 60.28 pre-drop hi
Loss of the 59.76 swing low breaks the rising lows line, with the 38.2% rebound fib at 59.65 and the 59.56 higher low next
Failure to hold 59.56 exposes the 58.98 crash low
16:48 UTC
Downtrend, NY rebound stalling at the $60 handle · RSI 50 · price 59.86
Post-flush rebound, higher lows under 60.06 double cap.
Silver slid through the Asia and London sessions from 61.47. A London-NY transition flush from the 60.28 drop origin broke $60 and set a 58.98 session low, as firm yields and USD weighed. The NY rebound has built higher lows from the 59.35 swing low to the 59.56 higher low but stalled twice at the 60.06 double cap, near the 78.6% retrace of the drop, with price flat on EMA20 and RSI(14) neutral at 50.
Support: 59.56, 59.35, 58.98
Resistance: 60.06, 60.28
What it said to watch
M15 close above the 60.06 double cap and the 78.6% drop retrace opens the path to the 60.28 drop origin
Loss of the higher lows trendline and the 59.56 higher low exposes the 59.35 swing low, then the 58.98 session low
FOMC Minutes at 18:00 UTC (~75 min out) could materially shift this read; ATR near 230 pips points to wide bars
Higher lows since the 58.98 flush low, pressing the 60.06 session high.
Silver extended the Asia and London slide with a flush to 58.98 in early NY hours, sweeping below the 59.70 Friday low as yields and a firm USD pressed. Price has since built higher lows along a rising trendline back to the 60.00 psych handle. It is now capped at the 60.06 session high, near the 78.6% flush retrace, with the ema50 at 60.17 just overhead.
Support: 60.00, 59.76, 59.56
Resistance: 60.06, 60.17, 60.28
What it said to watch
M15 close above the 60.06 session high and the 60.17 ema50 opens the 60.28 pre-drop high
Loss of the 59.76 swing low and the 59.56 higher low breaks the rising trendline and the rebound structure
FOMC Minutes at 18:00 UTC (~1.5h) could materially shift this read
16:18 UTC
Downtrend, NY rebound stalling at 60.00 · RSI 56 · price 59.925
Higher lows since the 58.98 flush, capped below 60.06.
Silver bled from 61.85 through Asia and London, then flushed to the 58.98 flush low at 12:15 UTC as yields and the USD firmed. The NY rebound has printed higher lows at the 59.35 swing low and 59.56, but it is stalling at 60.00 psych and the 60.06 session high, which sits at the 78.6% flush retrace.
Support: 59.558, 59.345, 58.978
Resistance: 60.059, 60.28
What it said to watch
M15 close above the 60.06 session high reclaims 60.00 and opens the 60.28 breakdown pt
Loss of the 59.56 higher low breaks the higher-lows line, putting the 59.35 swing low and the 58.98 flush low back in focus
FOMC Minutes at 18:00 UTC, under 2h away, could materially shift this read
Silver extended its Asia-London slide with a flush to the 58.98 flush low at the London-NY transition as firm yields and USD weighed, briefly breaking the $59.70 two-month low before reclaiming it. The rebound has printed higher lows into 59.56 along the rebound trendline but met rejection at the 60.06 rebound high, just above $60 psych and near the 78.6% level of the flush fib, with RSI(14) neutral near 50.
Support: 59.558, 59.345, 58.978
Resistance: 60.059, 60.28
What it said to watch
M15 close above the 60.06 rebound high and $60 psych exposes the 60.28 breakdown shelf
Loss of the 59.56 higher low and the rebound trendline returns focus to the 59.35 swing low and 58.98 flush low
FOMC Minutes at 18:00 UTC (~2h) could materially shift this read
15:48 UTC
Downtrend, rebounding off NY flush low · RSI 52 · price 59.978
V-recovery from 58.978 spike low, higher lows into 60.00 psych.
Silver flushed from 60.28 to 58.978 around the NY open, sweeping the 59.70 2-month low on firm USD and yields, then printed a higher-low chain at 59.345 and 59.558. Price has retraced about 77% of the flush and is pressing 60.00 psych just under the 60.059 bounce high. The 60.28 breakdown level sits above.
Support: 59.70, 59.558, 58.978
Resistance: 60.059, 60.28
What it said to watch
M15 close above the 60.059 bounce high exposes the 60.28 breakdown level
Loss of the 59.558 higher low breaks the rebound structure; a slip back under the 59.70 2-month low reopens the 58.978 spike low
FOMC Minutes at 18:00 UTC (~2h) could materially shift this read
Lower highs from the Asian range, NY basing between 59.35 and 59.92.
Silver broke below the Asian range during London, then dropped from the 60.28 breakdown point to a 58.978 flush low at 12:15 UTC as USD firmed with 10y yields near 5.35%. NY session has since held between the 59.345 swing low and the 59.92 rebound high. That high was rejected twice just under the descending trendline, and price sits near the 61.8% level of the flush fib.
Support: 59.558, 59.345, 58.978
Resistance: 59.92, 60.00, 60.28
What it said to watch
M15 close above the 59.92 rebound high and descending trendline opens the 60.00 psych level, then the 60.28 breakdown
Loss of the 59.56 higher low brings the 59.345 swing low back into play, with the 58.978 flush low below
FOMC Minutes at 18:00 UTC (~2.5h) could materially shift this read
Higher lows under a flat 59.91 cap, below 60.00 psych.
Silver extended its Asia and London slide on firm yields and USD, flushing from the 60.28 drop origin to the 58.978 flush low at 12:15–12:30 UTC. The rebound has retraced to the 61.8% fib of the flush near 59.78. During NY hours it has printed higher lows at the 59.345 swing low and the 59.614 higher low along a rising tl, capped at the 59.91 ny high, with price pinned at EMA20 and still below the 60.00 psych.
Support: 59.614, 59.345, 58.978
Resistance: 59.919, 60.00, 60.28
What it said to watch
M15 close above the 59.91 ny high and 60.00 psych (78.6% fib) opens the 60.28 drop origin
Break of the rising tl and the 59.614 higher low exposes the 59.345 swing low, then the 58.978 flush low
FOMC Minutes at 18:00 UTC could materially shift this read via yields and the USD
15:05 UTC
Downtrend, NY rebound stalling · RSI 44 · price 59.767
Lower highs from 61.85; post-flush bounce consolidating below 59.92.
Silver slid from the 61.85 high through Asia and London. In the first hour of NY a flush from the 60.28 flush top swept the 59.70 two-month low to 58.98, and buyers stepped in from that flush low. The rebound has capped twice at the 59.92 rebound high and sits at the 61.8% retrace of the flush, with firm USD and yields weighing into the FOMC Minutes.
Support: 59.70, 59.345, 58.978
Resistance: 59.919, 60.00, 60.28
What it said to watch
M15 close above the 59.92 rebound high and the 60.00 psych opens the 60.28 flush top
Failure back below the 59.70 two-month low exposes the 59.35 higher low, then the 58.98 flush low
FOMC Minutes at 18:00 UTC (~3h) could materially shift this read
ATR near 290 pips after the flush; ranges are running roughly double the London pace
Higher lows off 58.978 flush low, capped by equal highs below 60.00.
Silver flushed from 60.28 to a 58.978 flush low early in the NY session as yields and the USD firmed, extending the decline that ran through the Asia and London sessions. The rejection of that low has retraced to the 61.8% fib near 59.78, with a higher-low chain from the 59.345 swing low and a 59.486 higher low. Equal highs at 59.919 cap the bounce just under 60.00 psych, while price hugs EMA20 and RSI(14) sits near 43.
Support: 59.486, 59.345, 58.978
Resistance: 59.919, 60.00, 60.28
What it said to watch
M15 close above the 59.919 equal highs and 60.00 psych reopens the 60.28 breakdown level
Loss of the 59.486 higher low and then the 59.345 swing low breaks the higher-lows trendline and exposes the 58.978 flush low
FOMC Minutes at 18:00 UTC (~3h) could materially shift this read; ATR near 310 pips frames bar size
14:32 UTC
Downtrend, stabilising after flush · RSI 42 · price 59.716
Lower highs through London, 12:15 UTC flush, then higher low within a tight post-flush range.
The London grind lower from 60.79 ended in a 12:15 UTC flush through the 60.00 psych level to 58.98, taking out the 59.70 Friday low as yields and USD firmed into the FOMC Minutes. Early NY has printed a bounce high at 59.91 and a higher low at 59.35, and price is coiling near the 61.8% retrace of the flush, just under EMA20.
Support: 59.345, 58.978
Resistance: 59.91, 60.00, 60.28
What it said to watch
A close above the 59.91 bounce high opens a retest of the 60.00 psych level
Loss of the 59.35 higher low breaks the rising flush support and puts the 58.98 flush low back in play
Reclaim of the 60.28 pre-drop high would negate the flush structure
FOMC Minutes at 18:00 UTC (~3.5h) could materially shift this read
14:17 UTC
Downtrend, consolidating after flush · RSI 41 · price 59.589
Lower highs below broken 59.70 low.
A 12:15 UTC flush in the London-NY transition broke the 60.00 psych level and the 59.70 prior low, tagging the 58.978 spike low as firm USD and yields near 5.3% weighed ahead of the FOMC Minutes. The rebound stalled at the 59.91 bounce high, about 71% of the flush fib. Price is now holding near the 50% level, with lower highs capping the retest of 59.70 from below.
Support: 59.345, 58.978
Resistance: 59.70, 59.91, 60.00
What it said to watch
Close back above the 59.70 prior low and the 59.91 bounce high reopens the 60.00 psych level
Break of the 59.345 swing low exposes the 58.978 spike low
Sustained trade above the lower highs trendline undercuts the retest read
FOMC Minutes at 18:00 UTC (~4h) could materially shift this read
14:04 UTC
Downtrend, rebounding off a flush low · RSI 41 · price 59.634
Lower highs since 61.47; 60.00–60.28 shelf broken, rebound capped at 59.91.
The Asia-London grind lower from 61.47 built a shelf just above the 60.00 psych level, capped by a pre-drop high of 60.28. A roughly 110-cent flush at the London-NY transition broke that shelf and the 59.70 two-month low, printing a spike low at 58.98. Firm yields ahead of the FOMC Minutes kept the rebound capped at the 59.91 bounce high near the 61.8% retrace. Price is now hovering around the 50% level near 59.63 in the first hour of NY, with a higher swing low at 59.35.
Support: 59.345, 58.978
Resistance: 59.91, 60.00, 60.28
What it said to watch
Close back above the 59.91 bounce high and 60.00 psych reclaims the broken shelf
Loss of the 59.35 swing low re-exposes the 58.98 spike low
Recovery through the 60.28 pre-drop high fully retraces the flush and voids the range break
FOMC Minutes at 18:00 UTC (~4h) could materially shift this read
Lower highs from 60.28; rebound capped at 59.91, back under friday low.
London extended the slide from the Asian range, and a ~1,100-pip flush at the London-NY transition broke $60.00 and the $59.70 friday low, printing a 58.978 session low as firm USD and 10Y yields above 5.30% weighed. The rebound stalled at the 59.91 rebound high near the 61.8% of the drop fib and has slipped back below 59.70. RSI(14) sits at 39 and ATR(14) has expanded to ~265 pips.
Support: 59.345, 58.978
Resistance: 59.70, 59.91, 60.28
What it said to watch
Close back above the 59.91 rebound high negates the lower-high rejection; 60.28 drop origin above
Failure to hold the 59.345 swing low exposes the 58.978 session low
Friday low at 59.70 now acting as resistance — area to watch for rejection or reclaim
FOMC Minutes at 18:00 UTC could materially shift this read
Lower highs/lows since 61.47; NY flush to 58.98, retrace capped below 60.00.
Lower highs and lower lows ran through Asia and London off the 61.47 high. Around the NY open, price flushed through 60.00 psych and Friday's 59.70 low to a 58.98 session low as the USD and 10Y yields firmed into the Minutes. The rebound retraced about 70% of the drop on the fib before stalling at the 59.91 rebound high, with a higher low at 59.57 and price still below EMA20.
Support: 59.57, 58.98
Resistance: 59.91, 60.00, 60.28
What it said to watch
M15 close above 60.00 psych and the 59.91 rebound high turns the flush into a false break, with the 60.28 pre-drop high next
Loss of the 59.57 higher low reopens the 58.98 session low
Falling trendline from the 61.47 Asian high sits near 60.13, still intact
FOMC Minutes at 18:00 UTC (~4.5h) could materially shift this read
Lower highs since Asia; flush below 59.70 reclaimed, retracing.
Silver has printed lower highs since the Asia session high at 61.47, grinding through London to lose the 60.00 psych level on firm USD and 5.3% yields ahead of the FOMC Minutes. The London-NY transition brought a flush through the 59.70 two-month low to a session low at 58.978. Price rebounded straight back to 59.78, the 61.8% of the flush fib, and is holding just under the bounce high at 59.846 with the bounce low at 59.567 beneath.
Support: 59.70, 59.567, 58.978
Resistance: 59.846, 60.00, 60.28
What it said to watch
M15 close back below the 59.70 two-month low reopens the 58.978 session low
Hold above the 59.567 bounce low keeps the rebound structure intact
Close above the 60.00 psych level and the 60.28 swing high breaks the lower-high trendline
FOMC Minutes at 18:00 UTC (21:00 broker) could materially shift this read
Lower highs all London; 12:15 UTC flush to 58.978, now retesting broken 59.70.
London extended the lower-highs sequence from the Asian high at 61.47, taking out the Asian low and grinding to the $60.00 psych. At 12:15 UTC, with USD and yields firm into the FOMC Minutes, price flushed through Friday's 59.70 prior low to a 58.978 spike low. The rebound has held a 59.09 higher low and is pressing 59.70 from below, just above the 50% of the drop fib, with ATR(14) expanded to ~250 pips.
Support: 59.09, 58.978
Resistance: 59.70, 60.00, 60.28
What it said to watch
M15 close back above the 59.70 prior low and 60.00 psych would turn the flush into a false break
Rejection at 59.70–59.78 (61.8% of the drop fib) keeps the lower highs intact
Loss of the 59.09 higher low re-exposes the 58.978 spike low
Close above the 60.28 swing high breaks the session's lower-high structure
FOMC Minutes at 18:00 UTC could materially shift this read
Lower highs from 61.47 Asian high; 12:15 UTC breakdown through 60.00/59.70, basing above 58.98 spike low.
Silver extended the lower-high sequence from the 61.47 Asian high through London, then dropped about $1.09 from the 60.28 London high in a single 12:15 UTC bar, breaking 60.00 psych and the 59.70 prior low against a firm USD and 10Y yields above 5.30%. The 58.98 spike low held on the next bar, the 59.44 rebound high capped the bounce, and price is compressing near 59.17 into the NY open with RSI(14) near 20.
Support: 58.978
Resistance: 59.438, 59.70, 60.00
What it said to watch
Recovery above the 59.44 rebound high puts the 59.70 prior low back in play, near the 50–61.8% fib of the breakdown leg
Acceptance back above 60.00 psych would mark the 12:15 UTC break as a false break
A close below the 58.98 spike low extends the breakdown leg
FOMC Minutes at 18:00 UTC and the US 10y auction could materially shift this read
12:18 UTC
Downtrend, bounce faded · RSI 36 · price 60.075
Lower highs/lower lows from 60.91, rebound capped below 60.28.
Silver ground lower through Asia and London from 60.91 to a 59.964 session low as 10Y yields pressed 5.31%. The rebound high at 60.28 stalled below the 38.2% of that drop and the lower highs trendline, and price is back toward the $60 psych level into the London-NY transition.
Support: 59.964, 59.70
Resistance: 60.28, 60.663
What it said to watch
M15 close below the 59.964 session low confirms a fresh lower-low and exposes the 59.70 2-month low
M15 close above the 60.28 rebound high and the lower highs trendline breaks the intraday sequence, with the 60.663 lower high next
FOMC Minutes at 18:00 UTC (~6h) could materially shift this read
12:05 UTC
Intraday downtrend, early bounce · RSI 40 · price 60.245
Lower-high chain from the Asian high; higher low at 60.10 after the $60 probe.
Silver printed lower highs from the 61.47 Asian high through London, as 10Y yields near 5.31% weighed. Wicks to a 59.964 session low failed to close below $60, and price has since made a higher low at 60.10. The bounce is stalling at the ema20 near 60.26, below the fib 23.6% at 60.32, ahead of the NY open.
Support: 60.10, 59.964, 59.70
Resistance: 60.32, 60.461, 60.663
What it said to watch
M15 close above the fib 23.6% at 60.32 and the 60.46 swing high would break the lower-high chain
Reclaim of the 60.66 london high would neutralise the intraday downtrend
Loss of the 60.10 higher low exposes the 59.964 session low and $60 again
A close below the session low opens the 59.70 2-month low
FOMC Minutes at 18:00 UTC (~6h) and today's 10-year auction could materially shift this read
11:48 UTC
Downtrend, stalling at $60 · RSI 34 · price 60.129
Lower highs and lower lows from 61.853; Asian low broken in London, shallow bounce off 59.96.
A lower-high chain from Tuesday's 61.853 NY high ran through Asia and London. London broke the 60.437 Asian low and briefly pierced $60 to a 59.964 session low as the 10Y yield pushed back toward 5.31%. Two holds near 59.96 have produced only a shallow bounce capped at 60.215, with RSI(14) at 34 and the NY open ahead.
Support: 60.00, 59.964
Resistance: 60.215, 60.437, 60.663
What it said to watch
Close below the 59.964 session low extends the lower-low chain toward the $59.70 two-month low
Repeated rejection at the 60.215 bounce high keeps the round number $60.00 under pressure
Reclaim of the 60.437 Asian low and the lower-high line breaks the intraday decline structure; the 60.663 London high sits above
FOMC Minutes at 18:00 UTC could materially shift this read
Lower highs and lower lows since the 61.47 Asian high; Asian range broken lower in London.
London extended the decline from the 61.47 Asian high, breaking the 60.44 Asian low and printing a 59.96 session low as the 10Y yield climbed back toward 5.31%. RSI(14) sits near 30 and ATR(14) is about 150 pips. The 11:00 UTC bar closed back above the $60 psych level and poked through the falling trendline off the 60.60 London-morning high, with the 60.25 lower high the first cap.
Support: 59.964, 59.70
Resistance: 60.25, 60.437, 60.663
What it said to watch
A break of the 59.96 session low and loss of $60 psych would expose the $59.70 2-month low
An M15 close above the 60.25 lower high breaks the London lower-high chain; the 60.44 Asian low and the 60.66 London high sit above
A close back under the falling trendline keeps the decline from the Asian high intact
FOMC Minutes at 18:00 UTC (~6.8h) and today's US 10y auction could materially shift this read
11:04 UTC
Downtrend, oversold but not reversing · RSI 23 · price 60.031
Lower-high/lower-low chain below the Asian range; pressing 60.00.
Silver has stepped lower from the 61.474 Asian high. The London session broke below the Asian range and the 60.756 prior low, then printed a 59.964 session low as 10Y yields firmed near 5.31%. RSI(14) near 23 is oversold, yet every bounce since the 60.663 london high has been capped by the descending trendline, which price is testing again at the 60.00 psych.
Support: 60.00, 59.964, 59.70
Resistance: 60.24, 60.663, 60.756
What it said to watch
M15 close above the descending trendline and the 60.24 swing high breaks the lower-high chain
Failure to hold the 60.00 psych and 59.964 session low exposes the 59.70 2-month low
Recovery back through the 60.663 london high and 60.756 prior low would negate the London range break
FOMC minutes at 18:00 UTC (~7h) could materially shift this read; NY open may bring a volatility pickup before then
10:47 UTC
Downtrend, RSI stretched · RSI 23 · price 59.99
Lower highs and lower lows since the Asian high; Asian range broken lower in London.
Silver has posted lower highs and lower lows since the Asian high at 61.47. Mid-London, it broke the Asian low at 60.44 and is now pressing below the $60 round number, with 10Y yields holding near 5.31%. RSI(14) near 23 is stretched, and the session low at 59.98 sits just above the 2-month low at 59.70.
Support: 59.981, 59.70
Resistance: 60.24, 60.437
What it said to watch
M15 close back above the 60.24 swing high and the London descending trendline would break the lower-high chain
Failure to hold the 59.70 2-month low extends the lower-low sequence below the session low
Rebound into the asian low at 60.44 (near the 38.2% of the Asian high fib): area to watch for rejection or break
FOMC minutes at 18:00 UTC (~7h) could materially shift this read
10:05 UTC
Downtrend, lower highs through London · RSI 25 · price 60.124
LH/LL chain from the 61.474 Asian high; below prior low 60.756.
Mid-London, silver keeps printing lower highs and lower lows. The fade from the 61.474 Asian gap high has cut through Tuesday's 60.756 prior low to a 60.087 session low as US yields firm into the FOMC minutes. RSI(14) is near 25 and the 60.311 lower high capped the latest bounce.
Support: 60.087, 60.00, 59.70
Resistance: 60.311, 60.663, 60.756
What it said to watch
M15 close above the 60.311 lower high breaks the London lower-high chain
Loss of the 60.087 session low exposes the 60.00 round number, then the 59.70 2m low
Reclaim of the 60.663 London high, near the 38.2% of the decline fib, neutralises the downtrend read
Prior low at 60.756 now sits overhead as the first broken level
FOMC minutes at 18:00 UTC (~8h) could materially shift this read
LH/LL chain from 61.853; Asian range broken lower in London.
London extended the overnight lower-high sequence, breaking the Asian low at 60.437 and printing a session low at 60.13 as rebounding yields weighed on silver. RSI(14) is near 28, and the descending trendline from 61.474 has capped every bounce, with price now pressing toward the 60.00 round number.
Support: 60.13, 60.00, 59.70
Resistance: 60.437, 60.663, 60.79
What it said to watch
M15 close back above the 60.437 asian low would mark the London break as a false break
Clearing the descending trendline and the 60.663 london high ends the lower-high chain; 38.2% fib of the 61.853–60.13 drop sits at 60.79
Failure to hold the 60.00 round number exposes the 59.70 two-mth low
FOMC Minutes at 18:00 UTC (~8h) could materially shift this read
09:32 UTC
Downtrend, stretched but intact · RSI 27 · price 60.212
Lower-high/lower-low chain below the broken Asian low.
Silver has slid in a clean lower-high/lower-low sequence from the 61.474 Asian high. London broke the Asian low at 60.437 and extended to a 60.168 session low as 10Y yields back near 5.31% weigh. RSI(14) near 27 is stretched, but each bounce has been capped lower, most recently at the 60.311 lower high, with $60 psych just below.
Support: 60.168
Resistance: 60.311, 60.437, 60.663
What it said to watch
Break of the 60.168 session low exposes $60 psych, the floor of the $60–62.40 range
M15 close above the 60.311 lower high breaks the LH chain
Reclaim of the 60.437 asian low negates the London range break; 60.663 london high is the next cap
FOMC Minutes at 18:00 UTC and 10Y yields vs the 5.35% high could materially shift this read
Early London extended the overnight slide. Price broke the Asian low at 60.437 and printed a session low at 60.200 as yields back near 5.31% weigh on silver. Every bounce has been capped below the descending trendline from the 61.474 Asian high, and RSI(14) sits near 34, soft but not oversold.
Support: 60.20, 60.00, 59.70
Resistance: 60.437, 60.663
What it said to watch
M15 close back above the Asian low at 60.437, which aligns with the 50% retrace of the London leg fib, would flag a false break and stall the lower-high chain
Break of the london high at 60.663 and the descending trendline invalidates the downtrend read
Failure to hold the 60.200 session low brings the 60.00 round number into play, with the 59.70 2-month low below
FOMC Minutes at 18:00 UTC (~9h) and the 10Y yield vs its 5.35% high could materially shift this read
09:07 UTC
Downtrend, grinding lower into London · RSI 32 · price 60.334
Lower highs and lower lows since the Asian high at 61.47.
Silver has held a steady lower-high, lower-low chain since fading from the 61.47 Asian high. It broke the 60.67 asia low and has pushed to a 60.30 session low in early London as the 10Y yield firmed back to 5.31%. Each bounce has been capped under a descending trendline from the 60.976 swing high, most recently at the 60.596 lower high. RSI(14) sits near 32, soft but not oversold.
Support: 60.30, 60.00
Resistance: 60.596, 60.67, 60.976
What it said to watch
M15 close above the 60.596 lower high and the trendline breaks the lower-high chain
Reclaim of the 60.67 asia low, near the 38.2% fib at 60.75, would shift the read to a deeper retracement
Failure to hold the 60.30 session low exposes the 60.00 psych level and range floor
FOMC Minutes at 18:00 UTC could materially shift this read
LH/LL chain from 61.47; London trading below Asian low.
The selloff from the 61.47 Asian high carried through London open. Price broke the 60.44 Asian low and printed a session low at 60.33, with rebounds capped under the descending highs line. Yields back near 5.31% are weighing on silver, and RSI(14) near 36 is soft but not oversold.
Support: 60.327, 60.00
Resistance: 60.437, 60.663, 60.756
What it said to watch
M15 close back above 60.66 london high and the descending highs line breaks the lower-high chain
Failure to hold 60.33 session low exposes the 60.00 round number
Reclaim of 60.44 asian low would put price back inside the Asian range
Prior low 60.76 aligns with the 38.2% fib, an area to watch for rejection on any rebound
FOMC Minutes at 18:00 UTC (~9h) and the US 10y auction could materially shift this read
Lower highs since the Asia open high at 61.474; London dipped under the Asian low and held.
Silver faded the Asia leg from the 61.474 gap-open high as a crude bid revived inflation and yield pressure. That left a chain of lower highs, with the 60.976 swing high the last clear one before the slide accelerated. The London open swept the Asian low at 60.437 to a 60.383 session low and has since held it, but rebounds are capped at the 60.663 London high, just under the 60.709 prior low.
Support: 60.383, 60.00
Resistance: 60.663, 60.709, 60.976
What it said to watch
M15 close below the 60.383 session low extends the lower-low chain toward 60.00 psych
Close above the 60.663 London high and the lower-highs trendline breaks the sequence; 60.709 prior low and the 60.976 swing high sit above
38.2% of the Asia leg near 60.80 marks the first retracement level on any rebound
FOMC Minutes at 18:00 UTC could materially shift this read
Silver has printed lower highs and lower lows since the 61.474 Asia high, cutting through the prior low at 60.756 as a firmer USD and oil-driven yield pressure weighed. The first hour of London set a fresh session low at 60.383. The descending trendline caps near the 60.663 lower high, RSI(14) sits near 39 and price trades below both EMAs.
Support: 60.383, 60.437, 60.00
Resistance: 60.663, 60.756, 60.789
What it said to watch
M15 close above the 60.663 lower high and the trendline breaks the lower-high chain
Reclaim of the 60.756 prior low and the 60.789 swing high puts the 38.2% fib (~60.80) in play
Failure to hold the 60.383 session low and the 60.437 swing low extends lower lows toward the 60.00 psych level
FOMC Minutes at 18:00 UTC could materially shift this read
07:48 UTC
Downtrend, London bounce stalling · RSI 37 · price 60.578
Lower highs and lower lows through Asia; London basing above 60.437.
Asia session unwound the Wednesday open gap and Tuesday's gains, sliding from 61.474 to a 60.437 asian low as crude strength and firmer yields weighed on silver. The London open bounce has stalled at the 60.663 london high, just under the falling trendline from the 60.976 swing high and the 23.6% fib of the Asia sell-off.
Support: 60.437, 60.00
Resistance: 60.663, 60.789, 60.976
What it said to watch
M15 close above the 60.663 london high and the falling trendline breaks the Asia lower-high chain, with 60.789 lower high next
Failure to hold the 60.437 asian low extends the downtrend toward the 60.00 round number
Reclaim of the 60.976 swing high, near the 50% fib, would neutralise the sell-off read
FOMC Minutes at 18:00 UTC and the 10-year auction could materially shift this read
07:32 UTC
Downtrend, stalling at Asian low · RSI 34 · price 60.554
Lower highs and lower lows since the Asian high, London open basing just above the session low.
The Asia sell-off ran from the 61.474 Asian high to a 60.437 low as the crude bounce revived yield pressure and lifted USD. Lower highs are still capped by the falling trendline. Early London is holding just above the Asian low, with RSI(14) near 34 and a marginal higher low printed under the 60.657 London high.
Support: 60.437, 60.00
Resistance: 60.657, 60.789, 60.956
What it said to watch
M15 close above the 60.789 swing high, through the falling trendline, breaks the lower-high chain and brings the 60.956 fib 50% of the Asia sell-off into play
Loss of the 60.437 Asian low extends the lower-low sequence toward the 60.00 round number
Failure at the 60.657 London high keeps the downtrend structure intact
FOMC Minutes at 18:00 UTC and the 10-year auction could materially shift this read
07:18 UTC
Downtrend, lower highs through Asia · RSI 36 · price 60.54
LH/LL chain from 61.47 Asian high; prior-day low broken, early London bounce capped.
Silver sold off through the Asia session from the 61.47 high, as the crude spike revived inflation fears and yields stayed firm. Lower highs led price under the 60.60 prior low to a 60.437 session low, and the London open bounce was rejected just above 60.60. RSI(14) sits near 36, soft but not stretched.
Support: 60.437, 60.00
Resistance: 60.60, 60.70, 60.976
What it said to watch
M15 close back above the 60.60 prior low and the 60.70 trendline breaks the lower-high chain
Failure to hold the 60.437 session low extends the downtrend toward the 60.00 psych level
A recovery through the 60.976 swing high, near the 50% retrace of the Asia sell-off, invalidates the intraday downtrend read
FOMC Minutes at 18:00 UTC (21:00 broker) could materially shift this read
Lower highs and lower lows since the Asia high, pressing Tuesday's low.
Wednesday's gap-up open faded from the 61.474 Asia high as crude surged and yields firmed. A steady run of lower highs carried price to a 60.437 session low into London open. It now sits just above Tuesday's 60.412 prior low, with RSI(14) near 29 and the lower-highs trendline capping near 60.71.
Support: 60.437, 60.412, 60.00
Resistance: 60.697, 60.91, 61.474
What it said to watch
M15 close below the 60.412 prior low extends the lower-low sequence toward the 60.00 psych level
Close above the lower-highs trendline and the 60.697 lower high breaks the micro downtrend; the 60.91 swing high is next
FOMC Minutes at 18:00 UTC could materially shift this read
LH/LL sequence through Asia, pressing session low into London open.
Asia session ground lower from the 61.474 early high to a 60.474 session low along the asia lower highs line. The 05:45 UTC spike to 60.789 was rejected as crude and yields firmed, and price sits near the lows heading into London open with RSI(14) ~34, not yet oversold.
Support: 60.474, 60.267, 60.00
Resistance: 60.697, 60.91, 61.001
What it said to watch
Break of the 60.474 session low exposes the 60.267 tuesday low and the 60.00 round number
M15 close above the 60.697 lower high and the asia lower highs line breaks the descending sequence, with the 60.91 swing high next
38.2% fib of the 61.853–60.474 drop sits near 61.00 as the upper reference for any London rebound
FOMC Minutes at 18:00 UTC could materially shift this read
06:34 UTC
Downtrend, steady lower highs through Asia · RSI 36 · price 60.536
LH/LL chain from 61.47, price pinned at session low.
Asia session ground lower from the 61.474 open-hour high to a 60.511 session low as USD firmed and crude rose on Middle East risk. Each bounce has stalled under the descending trendline, the latest at the 60.697 lower high. Price sits at the low into London open with RSI(14) near 36, not yet oversold.
Support: 60.511, 60.267, 60.00
Resistance: 60.697, 60.789, 60.91
What it said to watch
M15 close below the 60.511 session low extends the lower-low chain toward the 60.267 prior low from yesterday's London open
M15 close above the 60.789 descending trendline and the 60.91 swing high breaks the Asian lower-high sequence
60.00 round number is the next reference below 60.267 if the slide continues
FOMC Minutes at 18:00 UTC could materially shift this read
LH/LL chain off the 61.474 Asia high; pressing session low.
Asia session unwound Tuesday's late gains as yields and USD firmed on renewed oil/Iran risk. Silver broke below the 61.11 range floor and slid to a 60.513 session low in a clean lower-high/lower-low sequence, with the latest rejection at the 60.789 lower high on the descending trendline. Price is holding just above the session low into London open, with RSI(14) near 41 and well short of oversold.
Support: 60.513, 60.267, 60.00
Resistance: 60.789, 60.91, 61.11
What it said to watch
M15 close above the 60.789 lower high and the descending trendline breaks the lower-high sequence; 60.91 swing high sits near the 38.2% fib of the Asia sell-off
Failure to hold the 60.513 session low extends the lower-low chain toward the 60.267 prior low, then the 60.00 round number
Recovery back above the 61.11 range floor would neutralise the Asia breakdown
London open in ~45 min could set the day's range; FOMC minutes at 18:00 UTC (~12h) is the main event risk for USD and yields
06:04 UTC
Downtrend, lower highs through Asia · RSI 30 · price 60.547
LH/LL chain since the early-Asia range break; fresh session low printed ahead of London open.
Asia session broke below the opening 61.25–61.47 range and stepped down in lower highs (61.47, 61.26, 60.98, 60.91, 60.79). It cleared yesterday's NY low at 60.756 and the 60.672 broken low, printing a 60.539 asia low just before London open as a firmer USD, elevated yields and oil-driven inflation fears weighed. RSI(14) near 30 is stretched but not extreme.
Support: 60.539, 60.267, 60.00
Resistance: 60.672, 60.756, 60.91
What it said to watch
Close back above the 60.672 broken low, then the 60.756 ny low, would put the Asia downtrend line under test
Close above the 60.91 lower high breaks the LH chain and invalidates the downtrend read
Failure to hold the 60.539 asia low exposes the 60.267 prior low, then the 60.00 psych level
London open in ~1h may set the session range relative to the Asia low
FOMC Minutes at 18:00 UTC could materially shift this read
05:48 UTC
Downtrend through Asia, basing near lows · RSI 37 · price 60.729
Lower highs and lower lows since the 61.474 Asia high; tight base above 60.613.
The Asia sell-off took silver from the 61.474 Asia high to a 60.613 Asia low, unwinding Tuesday's NY recovery as the dollar rebuilt above 102.00 on firm yields and oil-driven inflation risk. Lower highs at 60.976 and 60.91 have capped each bounce, and price is basing just above the Asia low ahead of the London open with RSI(14) near 37.
Support: 60.613, 60.267
Resistance: 60.976, 61.474
What it said to watch
M15 close below the 60.613 Asia low extends the lower-low sequence and exposes the 24h low at 60.267
Close above the 60.976 lower high breaks the descending line of lower highs and puts the 50% retracement of the Asia sell-off near 61.04 in play
London open in about 75 minutes is likely to test the Asia low / lower-high boundaries
FOMC Minutes Wed 18:00 UTC could materially shift this read
05:33 UTC
Downtrend, lower highs through Asia · RSI 32 · price 60.692
Lower-high/lower-low sequence off the 61.474 Asian high; prior NY low broken.
Silver has bled lower through the Asia session from the 61.474 Asian high. The decline printed lower highs at 60.976 and 60.91 and broke yesterday's NY low at 60.756, as the dollar rebuilt above 102.00 on firmer yields and Iran headlines. Price is now pressing the 60.652 session low with RSI(14) near 32, soft but not stretched, while the bounce off 61.853 is fully retraced below the fib 23.6% at 60.935.
Support: 60.652, 60.267, 60.00
Resistance: 60.756, 60.91, 61.474
What it said to watch
M15 close back above the 60.756 ny low turns the break into a false break
Recovery through the 60.91 lower high breaks the Asia lower-high chain
Failure to hold the 60.652 session low exposes the 60.267 swing low, then 60.00 psych
FOMC Minutes at 18:00 UTC (~12.5h) could materially shift this read
London open liquidity may test whether the session low holds
Lower highs and lower lows from the Asian high; price at session low, below Tuesday NY low.
Late Asia session has unwound Tuesday's NY gains. Silver sold from the 61.474 Asian high to a 60.665 session low in a lower-high chain as USD rebuilt above 102.00 on firmer yields and oil risk. Price holds below the Tuesday NY low at 60.756 with RSI(14) near 33, and the 60.67 area has been tested twice in the last two hours.
Support: 60.665, 60.39, 60.267
Resistance: 60.756, 60.91, 60.976
What it said to watch
Close back above the Tuesday NY low at 60.756 would stall the slide; a move above the 60.91 lower high breaks the lower-high chain
Failure to hold the 60.665 session low exposes the 60.39 swing low, then the 60.267 prior low
60.976 fib 38.2 of the Asian move, at the 02:45 UTC lower high, is the area to watch for rejection on any bounce
London open in under 2h is likely to test the Asian range extremes
FOMC Minutes Wed 18:00 UTC could materially shift this read
Lower-high / lower-low sequence from the 61.474 Asia high, pressing fresh session low.
Asia session has unwound the late NY rally. Silver slid from the 61.474 Asia high to a fresh session low at 60.665, taking out Tuesday's 60.756 NY dip low, with each bounce capped under the descending trendline. A firmer USD and higher yields into the FOMC minutes frame the move. RSI(14) sits near 31, soft but not stretched, with London open about two hours out.
Support: 60.665, 60.39, 60.267
Resistance: 60.91, 61.474
What it said to watch
Break below the 60.665 session low exposes the 60.39 prior base, then the 60.267 24h low
M15 close above the 60.91 lower high and the trendline invalidates the Asia downtrend read; the 38.2% fib of the NY high decline sits near 61.12
Recovery back through the 61.474 Asia high would erase the overnight sequence
FOMC minutes at 18:00 UTC (~13h) could materially shift this read
04:47 UTC
Intraday downtrend, lower highs through Asia · RSI 31 · price 60.742
Lower-high/lower-low chain off the 61.474 Asian high; price back under yesterday's 60.756 NY low.
Asia session unwound the open gap, sliding from the 61.474 Asian high to a 60.672 Asian low and breaking under yesterday's 60.756 NY low as the dollar retook 102.00 on firmer yields and oil. The bounce stalled at a 60.91 lower high, below the 38.2% fib of the Asian sell-off at 60.978, and price is back near the lows late in Asia with RSI(14) near 31.
Support: 60.672, 60.267
Resistance: 60.91, 60.978, 61.474
What it said to watch
A break of the 60.672 Asian low extends the lower-low chain and puts the 24h low at 60.267 in view
An M15 close above the 60.91 lower high and the 38.2% fib at 60.978 would break the Asian lower-high sequence
London open in about 2h typically resets the Asian range
FOMC Minutes at 18:00 UTC (~13h) could materially shift this read
Lower highs from 61.474 Asia high; tight 60.81–60.91 range above 60.672 Asia low.
The Asia session gave back the NY gains with a chain of lower highs from the 61.474 Asia high. The drop cut through Tuesday's NY low to a 60.672 Asia low as yields and the dollar firmed. The bounce stalled at a 60.91 bounce high, just above the 23.6% of the Asia drop fib, and price is compressing below EMA20/50 into late Asia with RSI(14) near 39.
Support: 60.672, 60.267
Resistance: 60.91, 60.976, 61.474
What it said to watch
A close above the 60.976 lower high (38.2% of the Asia drop fib) breaks the lower-high sequence and exposes the 61.474 Asia high
Failure to hold the 60.672 Asia low reopens the 60.267 prior low from Tuesday's Asia trough
London open in ~2.5h is likely to resolve the 60.81–60.91 range; FOMC Minutes at 18:00 UTC could materially shift this read
Asia lower-high/lower-low chain, small base forming above asian low.
Asia session sold off from the 61.474 asian high to a 60.672 asian low as DXY reclaimed 102.00 on firmer yields, erasing Tuesday's NY rally. Price is basing just under the 60.910 bounce high ahead of London open, with the 60.976 lower high, near the 38.2% fib, capping the chain and RSI(14) near 35.
Support: 60.672, 60.267
Resistance: 60.91, 60.976, 61.474
What it said to watch
Break of the 60.672 asian low extends the lower-low sequence and exposes the 60.267 tuesday low
M15 close above the 60.976 lower high (38.2% fib) breaks the Asia lower-high chain; asian high at 61.474 sits above
Hold above the 60.910 bounce high into London open would mark a higher low off 60.672
FOMC Minutes at 18:00 UTC could materially shift this read later in NY hours
Asian lower-high/lower-low sequence from 61.474 to 60.672; minor bounce capped under 60.976.
Asia unwound Tuesday's NY rally. Lower highs from the 61.474 Asian high took silver to a 60.672 Asian low as dip-buyers lifted DXY back above 102.00. The late-Asia bounce has poked above the Asian downtrend line but is stalling below the 60.976 lower high, with RSI(14) near 37 heading into London open.
Support: 60.672, 60.267
Resistance: 60.976, 61.474, 61.853
What it said to watch
M15 close above the 60.976 lower high breaks the Asian lower-high sequence; 38.2% fib of the tuesday high-asian low drop sits near 61.12
Failure to hold the 60.672 asian low extends the lower-low chain toward the 60.267 tuesday low
61.474 asian high and 61.853 tuesday high mark the upper bound of the intraday range
FOMC Minutes at 18:00 UTC could reset intraday structure via yields and USD
03:48 UTC
Downtrend through Asia, bouncing off the low · RSI 37 · price 60.888
Lower-high/lower-low chain from 61.474, early bounce off 60.672.
Asia session sold from the 61.474 asian high to a 60.672 asian low as dip-buyers pushed DXY back above 102.00, unwinding most of yesterday's NY rally to 61.853. Late in Asia, the last two bars have lifted above the asia lower-high line with RSI(14) near 37. The 60.976 lower high, at the 38.2% of the asia sell-off fib, is the first cap.
Support: 60.756, 60.672, 60.267
Resistance: 60.976, 61.258, 61.474
What it said to watch
M15 close above the 60.976 lower high breaks the Asia lower-high chain; the 61.258 swing high and 61.474 asian high sit above
Failure back under the ny low at 60.756 and then the 60.672 asian low resumes lower-lows toward the 60.267 yday low
London open in ~3h is the next session test of the Asian range
FOMC Minutes at 18:00 UTC could materially shift this read
03:34 UTC
Downtrend through Asia, RSI near oversold · RSI 29 · price 60.786
Lower highs and lower lows from the 61.474 Asia high; Asia low 60.672 printed below the prior NY low.
Asia session unwound the late-NY push to 61.85, selling off from the 61.474 Asia high as DXY reclaimed 102.00 on Iran headlines and firmer yields. A descending trendline off the Asia lower highs at 61.258 (swing high) and 60.976 (lower high) caps price, with the 60.672 Asia low the first floor and RSI(14) near 29.
Support: 60.672, 60.391, 60.267
Resistance: 60.976, 61.258, 61.474
What it said to watch
M15 close above the 60.976 lower high, which sits at the 38.2% fib of the Asia sell-off, breaks the lower-high sequence; the 61.258 swing high is next
Loss of the 60.672 Asia low extends the lower-low chain toward the 60.391 swing low and the 60.267 prior low from early Europe Tuesday
Break of the trendline off the Asia lower highs would signal the sell-off is stalling
London open in about 3.5h typically expands the Asian range
FOMC Minutes at 18:00 UTC could materially shift this read
Lower highs and lower lows off the 61.853 high, Asian range broken lower.
Asia session unwound Tuesday's NY push to 61.853, breaking below the 61.25 asian low and the 60.756 swing low as DXY retook 102.00 on renewed geopolitical risk and firmer yields. A lower-high chain from the 61.474 asian high through the 60.976 lower high caps price. Price sits just above the 60.688 session low with RSI(14) near 30.
Support: 60.688, 60.267, 60.00
Resistance: 60.976, 61.25, 61.474
What it said to watch
Failure to hold the 60.688 session low exposes the 60.267 prior low from early Europe Tuesday, then 60.00 psych.
An M15 close above the 60.976 lower high breaks the lower-high chain. A return above the 61.25 asian low reverts to the overnight range.
London open in under 4h may test whether the Asian-session move extends or retraces toward the 61.27 fib 50%.
FOMC Minutes at 18:00 UTC could materially shift this read.
03:04 UTC
Downtrend, Asia selloff extending · RSI 31 · price 60.773
Lower highs and lower lows since the 61.474 Asia high; range break below 61.25.
The Asia session has unwound most of Tuesday's softer-USD rebound. After the 61.853 NY high, price broke the 61.25–61.47 opening range at the 61.258 breakdown and printed a chain of lower highs from the 61.474 Asia high down to a 60.727 session low, just under Tuesday's NY-hours low at 60.756. RSI(14) near 31 is weak but not yet oversold, with price below both EMAs; the 60.976 lower high is the nearest cap.
Support: 60.727, 60.60, 60.267
Resistance: 60.976, 61.258, 61.474
What it said to watch
Sustained trade below the 60.727 session low exposes Tuesday's London low at 60.60, then the 60.267 tuesday low
M15 close above the 60.976 lower high breaks the lower-high chain and puts the 61.258 breakdown level back in play
Recovery through the 61.474 asia high would negate the Asia downtrend read
London open in ~4h typically resets the session range
FOMC minutes at 18:00 UTC could materially shift this read
Lower highs from 61.47 Asia high; 60.76 low tested twice.
The Asia session unwound Tuesday's softer-dollar rebound, falling from the 61.47 session high to retest the 60.76 NY swing low, where buyers stepped in again. RSI(14) is near 36. Price sits just under the 61.00 round number, with the lower-highs line and the 61.11 breakdown level overhead.
Support: 60.756, 60.267
Resistance: 61.00, 61.11, 61.474
What it said to watch
An M15 close above the 61.11 breakdown and the lower-highs line would neutralise the Asia selloff read.
Failure to hold the 60.76 swing low extends the lower-low sequence toward the 60.27 prior low from Tuesday's Asian session.
Acceptance back above the 61.00 round number keeps the 60.76 retest intact as a second higher-timeframe low on this chart.
FOMC minutes at 18:00 UTC Wed could materially shift this read.
02:34 UTC
Intraday downtrend, pausing at support · RSI 37 · price 60.938
Lower highs through Asia; retest of prior swing low at 60.76.
Asia session has erased most of Tuesday's NY-session rally to the 61.853 prior high. A chain of lower highs from the 61.474 Asian high broke 61.11 and ran to 60.76, retesting Tuesday's 14:15 UTC swing low. Price is holding just above that level with RSI(14) near 37 and below both EMAs, as the softer-USD bounce fades ahead of the FOMC minutes.
Support: 60.76, 60.27
Resistance: 61.11, 61.474, 61.853
What it said to watch
M15 close below the 60.76 swing low confirms a lower-low and exposes the 60.27 prior low from early Europe Tuesday
Recovery back above the 61.11 breakdown level and the Asia lower-highs trendline negates the intraday downtrend read
Asian high at 61.474 caps the session; a move through it reopens the 61.853 prior high
London open in ~4.5h typically expands the Asian range; FOMC minutes at 18:00 UTC could materially shift this read
Lower highs and lower lows through Asia, broke below the Asian range.
Asia session broke below the 61.25–61.47 overnight range, printing lower highs at 61.474 (asian high) and 61.258 (lower high). Price is now retesting Tuesday's NY swing low at 60.756, with RSI(14) near 31. Most of Tuesday's softer-USD rebound off the 60.27 day low has been given back ahead of the FOMC minutes.
Support: 60.756, 60.267
Resistance: 61.11, 61.258, 61.474
What it said to watch
M15 close below the 60.756 swing low confirms a lower-low and exposes the 60.27 day low
Recovery above 61.11 (broken low) and the 61.258 lower high breaks the lower-high sequence along the descending line
Reclaim of the 61.474 asian high neutralises the Asia breakdown
FOMC minutes at 18:00 UTC (~16h) could materially shift this read; London open is the next liquidity test
02:05 UTC
Short-term downtrend from the 61.853 high · RSI 33 · price 60.91
Lower highs since 19:00 UTC, Asian range broken lower.
The Asia session has unwound most of Tuesday's softer-USD rebound. Price broke the 61.15–61.47 opening range and slid under 61.00, below both EMAs, with RSI(14) near 33. The drop has already retraced beyond the 78.6% fib of the 60.756–61.853 rally, and lower highs are capping from the 61.853 session high, leaving the NY low at 60.756 as the nearest support.
Support: 60.756, 60.267
Resistance: 61.258, 61.474, 61.853
What it said to watch
Break below the 60.756 NY low extends the lower-low sequence toward the 60.267 Europe low
M15 close back above the 61.258 lower high and the descending trendline would negate the Asia breakdown, with the 61.474 Asia high above
FOMC minutes at 18:00 UTC could materially shift this read
01:47 UTC
Short-term down, pullback from NY high · RSI 38 · price 61.127
Lower highs and lower lows through the Asia session.
Asia session has printed lower highs off the 61.47 Asian high, extending the fade from yesterday's 61.85 NY high that capped the soft-USD rally. Price is pressing the 61.11 Asian low, just under the 61.8% fib of the NY rally, with RSI(14) near 38 and the 61.00 round number and 60.76 NY low as the next floors below.
Support: 61.11, 61.00, 60.756
Resistance: 61.258, 61.474, 61.853
What it said to watch
M15 close below the 61.11 asian low extends the lower-low chain toward the 61.00 round number
Reclaim of the 61.26 lower high and the lower-highs trendline breaks the Asia pullback structure
Recovery above the 61.47 asian high reopens the 61.85 ny high
Loss of the 60.76 ny low would retrace the full NY rally
FOMC minutes at 18:00 UTC (~16h) could materially shift this read
Lower highs inside a 61.11–61.47 Asian range, testing the low end.
Softer USD and easing yields lifted silver from the 60.756 NY low to a 61.853 prior high late Tuesday, but Asia has printed lower highs after rejection at the 61.474 Asian high. Price is now sitting near the 61.8% of the NY rally fib with the Asia low at 61.114 underneath, below both EMAs and RSI(14) around 44.
Support: 61.114, 61.00, 60.756
Resistance: 61.474, 61.853
What it said to watch
M15 close below the 61.114 Asia low opens the 61.00 round number and the 60.756 NY low
Recovery above the lower highs trendline and the 61.474 Asia high negates the pullback read; 61.853 prior high is next
Holding the 61.8% NY rally fib keeps the 60.76–61.85 swing intact
FOMC Minutes at 18:00 UTC could materially shift this read
01:17 UTC
Pullback from NY high, short-term lower highs · RSI 40 · price 61.17
Lower high at 61.474, fresh Asia session low at 61.154.
Silver has faded from the 61.853 NY high, which capped the leg built on Tuesday's softer USD and easing yields. Early Asia was rejected at the 61.474 asian high and price has slipped to a session low at 61.154, sitting on the 61.8% fib of the 60.756–61.853 leg, with RSI(14) near 40 and price below both EMAs.
Support: 61.154, 60.756
Resistance: 61.474, 61.853
What it said to watch
M15 close below the 61.154 session low and 61.8% fib extends the pullback toward the 60.756 swing low
Recovery above the 61.474 asian high breaks the lower-high trendline from the NY high
FOMC Minutes Wed 18:00 UTC; Waller Thu 08:30 UTC could reset the read
01:06 UTC
Pullback from NY high, Asia consolidating · RSI 45 · price 61.224
Lower highs off 61.853, Asian range 61.176–61.474.
Tuesday's rally on a softer USD ran from the 60.267 early-Europe low to a 61.853 session high late in NY. Price has since retraced to the 38.2% fib near 61.25. Asia session is ranging 61.176–61.474, with a rejection at the asian high and lower highs off the NY peak, leaving price near the asian low and RSI(14) at 45.
Support: 61.176, 61.06, 60.756
Resistance: 61.474, 61.853
What it said to watch
M15 close below the 61.176 asian low breaks the Asian range and opens the 50% fib at 61.06
Failure at the 50% fib exposes the 60.756 ny low, the last higher low of the rally
Reclaim of the 61.474 asian high negates the lower-high sequence and puts the 61.853 session high back in focus
FOMC minutes Wed 18:00 UTC (~17h) could materially shift this read
Higher lows at 60.76 and 61.18, lower highs since 61.85; early-Asia range 61.18–61.47.
Silver is chopping inside a 61.18–61.47 early-Asia range after fading from the 61.853 prior high set late in NY. That high capped Tuesday's 60.267–61.853 rally, which ran on a softer USD and easing yields. The latest dip to the 61.18 asian low, near the 38.2% of the rally fib, was recovered within the bar, but lower highs keep price pinned under 61.47 with RSI(14) flat near 49.
Support: 61.176, 61.06, 60.756
Resistance: 61.474, 61.853, 62.00
What it said to watch
M15 close below the 61.18 asian low breaks the higher-low sequence and exposes the fib 50% at 61.06
M15 close above the 61.47 asian high clears the lower-highs line and reopens the 61.85 prior high, then the 62.00 round number
Loss of the 60.76 swing low would unwind the London-NY rally structure
FOMC minutes Wed 18:00 UTC (~17h) could materially shift this read
Lower highs from 61.853; Asian range 61.247–61.474 holding.
Softer USD and easing yields lifted silver from the 60.27 early-Europe low to a 61.853 session high late in NY, where it met rejection and printed lower highs. Early Asia session is boxed between the 61.247 Asian low and the 61.474 Asian high, with price at the 50% fib of the 60.756 NY low to 61.853 leg. Price sits below EMA20/50 and RSI(14) is near 43.
Support: 61.247, 61.182, 60.756
Resistance: 61.474, 61.853
What it said to watch
M15 close below the 61.247 Asian low and the 61.182 swing low extends the lower-high sequence and puts the 61.8% fib near 61.18 in play
Close above the 61.474 Asian high breaks the falling lower-highs line and reopens the 61.853 session high
Loss of the 60.756 NY low would erase the higher-low structure from the 60.27 low
FOMC Minutes Wed 18:00 UTC can reprice yields and shift this read; Asia trade is light until then
Higher low at 60.76, rejection at 61.85; tight Asian range 61.25–61.44.
Tuesday's rebound from the 60.27 early-Europe low ran on the softer USD and yields to a 61.85 Tuesday high late in NY. Price was rejected there and slipped back to 61.25 into the close. Early Asia is holding a 61.25–61.44 Asian range near the 50% retrace of the NY leg from the 60.76 NY low, with RSI(14) flat at 50.
Support: 61.25, 61.18, 60.76
Resistance: 61.44, 61.70, 61.85
What it said to watch
M15 close above the 61.44 Asian high reopens the 61.70 London high and the 61.85 Tuesday high
Loss of the 61.25 Asian low exposes the 61.18 swing low at the 61.8% retrace of the NY leg; below that the 60.76 NY low comes into view
FOMC Minutes Wed 18:00 UTC (~18h) could materially shift this read
00:04 UTC
Intraday recovery, pulling back · RSI 43 · price 61.342
HH/HL sequence intact; tight Asian range on trendline.
A softer USD and easing yields drove the recovery from the 60.267 early-Europe low. Price set a london high at 61.698 and then a higher ny high at 61.853, and the 60.756 ny low held as a higher low. Price has since faded to the 50% retrace of the 60.756–61.853 leg, and the early Asia session is compressing between the asian low 61.247 and asian high 61.419, right on the rising trendline from Tuesday's lows.
Support: 61.247, 61.182, 60.756
Resistance: 61.419, 61.698, 61.853
What it said to watch
Break of the asian low 61.247 and the rising trendline exposes the 61.182 swing low, which lines up with the 61.8% retrace
Loss of the 61.182 swing low breaks the higher-low sequence and opens the 60.756 ny low
M15 close above the asian high 61.419 reopens the london high 61.698 and the 61.853 ny high
FOMC Minutes Wed 18:00 UTC could materially shift this read