Sustained downtrend across the window, accelerating after Friday's hot NFP slammed rate-cut hopes and dragged silver from the 72-78 zone to a two-month low. Price has sliced the 200-day SMA near 67.79 and the prior 66.50 low, now trading at 65.36 with ATR(14) expanding into the move. Both EMAs sit well overhead and RSI is pressed into oversold territory.
Support: 64.354, 61.01
Resistance: 66.50, 67.79
What it said to watch
H4 close below 64.35 opens the 61.01 six-month support zone
Reclaim of 66.50 then 67.79 needed to neutralise the breakdown
US CPI Wed 12:30 UTC is the dominant catalyst for the next legs
Silver remains in a clean downtrend, shedding roughly 10% on the week after the hot 172K NFP print slammed rate-cut hopes and drove price from the $72-78 band to a two-month low at 64.354. The latest H4 bar sliced through the prior 66.50 floor and the 200-day SMA near 67.79, both of which now cap rebounds. ATR(14) is expanding as the move accelerates, with price holding well below both EMAs.
Support: 64.354, 61.01
Resistance: 67.79
What it said to watch
US CPI Wed 12:30 UTC is the dominant near-term catalyst and could reshape this read
A sustained loss of 64.354 opens the path toward the 61.01 support zone
Reclaim of 67.79 (200-day) would challenge the lower-high structure
Silver remains in a clean H4 downtrend, shedding roughly 10% on the week after the hot 172K NFP slammed the door on rate-cut bets and repriced the Fed hawkish. Price has sliced the 200-day SMA near 67.79 and printed a fresh two-month low at 65.124 on expanding ATR, with both EMAs stacked overhead capping rebounds. The descending lower-high structure stays intact while price trades under 67.79.
Support: 65.124, 61.01
Resistance: 67.79
What it said to watch
H4 close below 65.124 opens the path toward the 61.01 6m support zone
Reclaim of the 200-day sma at 67.79 would challenge the downtrend read
US CPI Wed 12:30 UTC (f/c 4.2% YoY) is the dominant near-term catalyst
17:03 UTC
Downtrend, accelerating · RSI 31 · price 65.329
Lower highs and lower lows, fresh two-month low.
Silver remains in a clean multi-week downtrend, printing successive lower highs and lower lows as it sliced from the $72-78 range to a fresh two-month low at 65.124 on the latest bar. The hot 172K NFP print reset the Fed narrative hawkish, and price has now closed decisively below the 200-day SMA near 67.79 that capped the recent consolidation. ATR(14) is expanding as the move extends, with the next visible support shelf down at the 61.01 zone.
Support: 65.124, 61.01
Resistance: 67.79
What it said to watch
US CPI Wed 12:30 UTC is the dominant near-term catalyst for this read
Sustained acceptance below 65.12 opens the path toward 61.01
H4 close back above 67.79 would neutralise the breakdown
Silver remains in a clear H4 downtrend after a ~10% weekly rout that smashed the prior $72-78 range, driven by the hawkish Fed repricing off Friday's NFP beat (172K vs 85K). Price has stabilised between 66.15 and the recent 68.92 cap, hugging the 200-day SMA near 67.79, with price holding below both EMA20 and EMA50. Bounce off 66.15 has lifted RSI off oversold, but structure stays lower-high biased into Wednesday's CPI.
Support: 67.79, 66.153
Resistance: 68.92, 71.63
What it said to watch
US CPI Wed Jun 10 12:30 UTC could materially shift this read
H4 close below 66.15 reopens the path toward 61.01
Reclaim of the 71.63 ema cluster needed to neutralise the downtrend
13:04 UTC
Downtrend, attempting to stabilise · RSI 49 · price 68.601
Lower highs and lower lows, bounce off recent low.
Silver remains in a clear H4 downtrend after the hot NFP print drove a ~10% weekly rout that smashed the prior $72-78 range. Price has stabilised above the 200-day sma near 67.79, bouncing off the 66.15 swing low with RSI recovering off oversold, but it stays pinned below the EMA20/EMA50 cluster. The move is corrective rather than a confirmed base.
Support: 67.79, 66.153
Resistance: 68.92, 69.91
What it said to watch
US CPI Wed Jun 10 12:30 UTC is the dominant risk and could materially shift this read
Close below 67.79 200d sma re-exposes the 66.15 swing low and the $61 zone
Close above 68.92 swing high opens the path toward 69.91 prior swing and the EMAs
09:04 UTC
Downtrend, stabilizing at 200-DMA · RSI 40 · price 68.20
Silver remains in a steep H4 downtrend after the 172K NFP blowout cemented hawkish Fed pricing, collapsing from the 73-74 zone through 69 and 68 to a near two-month low at 66.15. Price has stabilized over the last several bars in a 66.5-68.9 consolidation, clinging just above the 200-DMA pivot at 67.79 with ATR still elevated. Both EMAs cap from above and structure stays defined by lower highs.
Support: 67.79, 66.15, 61.01
Resistance: 68.92, 69.91
What it said to watch
H4 close below 67.79 200-dma opens the path to 66.15 then 61.01
Reclaim of 68.92 recent high needed to challenge the 69.91 swing
US CPI Wed 12:30 UTC is the next catalyst and could materially shift this read
09:04 UTC
Downtrend, stabilising near lows · RSI 41 · price 68.20
Lower highs and lower lows, basing at 200-dma.
Silver remains in a steep H4 downtrend, shedding roughly 10% on the week after Friday's 172K NFP beat cemented hawkish Fed pricing. Price has carved a sequence of lower highs and lower lows down to a week low at 66.15 and is now consolidating just above the 200-dma pivot near 67.79, with the recent swing high at 68.92 capping the bounce. ATR(14) near 1,400 pips signals an expanded, high-volatility regime.
Support: 67.79, 66.15
Resistance: 68.92
What it said to watch
US CPI Wed 12:30 UTC is the next catalyst and could materially shift this read
H4 close below 67.79/66.15 opens the path toward the 61 area
Reclaim of the 73-74 zone (50/100 sma) needed to challenge the downtrend
Sequence of lower highs / lower lows; basing at a nine-week low.
Silver remains in a clear H4 downtrend, having shed roughly 10% from the mid-$70s after Friday's 172K NFP blowout supercharged higher-for-longer Fed bets. Price bottomed at 66.15 and has stabilised in a tight 67-69 band hugging the 200-day SMA pivot near 67.79, with ATR still elevated from the impulsive selloff. The 68.92 swing high is the immediate cap on this base.
Support: 67.79, 66.15
Resistance: 68.92, 72.70
What it said to watch
US CPI Wed 12:30 UTC is the dominant catalyst and could materially shift this read
H4 close below 66.15 confirms a fresh lower-low and reopens downside
Reclaim of 68.92 would break the lower-high sequence and open the 72.70 prior-range edge
05:03 UTC
Downtrend, extended · RSI 39 · price 67.905
Lower highs and lower lows, nine-week low.
Silver remains in a steep downtrend, sliding from the mid-$80s to a nine-week low after Friday's 172K NFP shock supercharged higher-for-longer Fed bets. Price is now stalling on the 200-day SMA near 67.79, with a shallow bounce off the 66.15 swing low; ATR remains elevated, signalling the move is still expanding rather than consolidating. Sequence of lower highs is intact below the broken 72 range.
Support: 67.79, 66.15, 61.01
Resistance: 68.92
What it said to watch
US CPI Wed 12:30 UTC is the dominant catalyst and could materially shift this read
H4 close below 67.79 then 66.15 opens the path toward 61.01
Reclaim of 68.92 would challenge the run of lower highs
01:03 UTC
Downtrend, attempting to stabilise · RSI 38 · price 67.789
Lower highs and lower lows, resting on 200-day pivot.
Sustained downtrend: silver has shed roughly 10% over the window, accelerating off the $73 area after Friday's blowout NFP print and breaking decisively below the prior range. Price is now parked on the 200-day SMA pivot near 67.79, with a shallow relief bounce capped at 68.92. ATR(14) is expanded, confirming a volatile expansion regime rather than compression.
Support: 66.153, 61.01, 60.00
Resistance: 68.924
What it said to watch
US CPI Wed Jun 10 12:30 UTC is the dominant near-term catalyst and could materially shift this read
Sustained close below 66.15 reopens the 61.01 and 60.00 supports
Reclaim above 68.92 would ease the immediate downside pressure
01:03 UTC
Downtrend, stabilising on pivot · RSI 37 · price 67.789
Lower highs and lower lows, basing on 200-day SMA.
Silver remains in a steep H4 downtrend, shedding roughly 20 points from the early-month $87 area after Friday's NFP beat (172K vs 85K) triggered a hawkish-Fed repricing. Price is now basing around the $67.79 200-day SMA pivot, with the last several bars compressing in a 66.15–68.92 band after the rejection from above $73. ATR stays elevated, reflecting the violent down-leg, though the latest bars show range contraction.
Support: 66.15, 61.01
Resistance: 68.92
What it said to watch
US CPI Wed 12:30 UTC is the dominant catalyst and could materially shift this read
A close below 66.15 reopens the path toward 61.01
Reclaim of 68.92 would break the lower-high sequence