09:20 UTC
Uptrend resuming after mid-window pullback · RSI 61 · price 80.343
Higher-low at 70.85 reclaimed, retesting prior swing highs.
Silver carved a double bottom near 70.85 then broke back above the 77.30 prior breakout zone, reclaiming both EMAs and rallying to a fresh weekly high at 81.68. Price is now consolidating in the upper half of the range with RSI mid-60s and ATR(14) elevated, consistent with trend extension rather than exhaustion. Friday's USD-weakness driven push above 80 leaves 83.03 as the next obvious supply.
Support: 79.30, 77.30
Resistance: 81.68, 83.03
What it said to watch
- H4 close back below 79.30 swing low would break the higher-low sequence
- Acceptance above 81.68 weekly high opens 83.03 prior high
- US CPI release this week could materially shift the read given USD sensitivity