XAG/USD AI Live Scan, 1-hour chart, Friday, 9 October 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.
20:06 UTC
Rebound off Thursday's low, momentum fading late Friday · RSI 58 · price 60.675
Higher lows since Thursday; lower highs from Tuesday's 61.85.
Silver was capped at the 61.85 week high on Tuesday, then slid to 58.49 during Thursday's London session on the hawkish FOMC Minutes and firm yields. It recovered the whole slide through Friday as oil and yields eased, with the NY open spike to the 61.17 Friday high meeting rejection. Price is now holding above EMA(20) near 60.44, but the late-NY dip has cut the higher-lows line from Thursday, and RSI(14) has eased to the high-50s inside the 58.50–62 weekly range.
Support: 60.44, 60.00, 59.22
Resistance: 61.173, 61.853
What it said to watch
H1 close below EMA(20) near 60.44 confirms the higher-lows line has failed and exposes the 60.00 round number
Failure to hold 60.00 on a closing basis reopens the Friday low at 59.22 and the 50% retrace of the Thu-Fri rally near 59.83
Close above the 61.17 Friday high clears the lower-highs line from Tuesday and brings the 61.85 week high back into view
Weekend oil and Middle East headlines carry gap risk into Monday's Asia session open
US CPI Wed Oct 14 12:30 UTC (f/c 3.6%) could materially shift this read
Higher lows since Thursday's 58.49 low, capped at 78.6% retrace.
After Tuesday's NY-session week high at 61.853, silver slid through Wednesday and Thursday to a London-session low at 58.494. Friday has retraced most of that drop, helped by softer oil and yields after the Iran comments. The NY-open push stalled at the 61.173 friday high, right at the 78.6% fib, and the pullback held a 60.68 swing low above the 61.8% fib near 60.57. Price sits above EMA(20) and EMA(50), with RSI(14) near 62 after cooling from the spike, and a rising higher-lows trendline from Thursday's lows still intact.
Support: 60.68, 60.57, 60.00
Resistance: 61.173, 61.853
What it said to watch
H1 close above the 61.173 friday high clears the 78.6% retrace and opens the 61.853 week high
Break of the higher-lows trendline and the 60.68 swing low exposes the 61.8% fib at 60.57, then the 60.00 round number
US CPI Wed Oct 14 12:30 UTC (f/c 3.6%) could materially shift this read; Fed's Hammack Mon 16:50 UTC comes first
Weekend gap risk on Iran/oil headlines into Monday's open
18:07 UTC
Recovery leg inside the week's decline, momentum cooling · RSI 64 · price 60.822
Lower high under 61.85; Friday higher lows intact, compressing 60.68–61.17.
Tuesday's rejection at the 61.85 week high led a slide through the 60.00 psych level on Wednesday's FOMC-minutes and oil-driven yield push, bottoming at 58.49 on Thursday. Friday's pullback in yields and oil drove a steady run of higher lows back above EMA(20) and EMA(50), with RSI(14) near 64. The spike to the 61.17 Friday high stalled at the 78.6% fib of the Tue high–Thu low decline, and price has since held a tight band between that high and the 60.68 pullback low, just above the 61.8% retracement at 60.57.
Support: 60.68, 60.57, 60.00
Resistance: 61.173, 61.853
What it said to watch
H1 close below the 60.68 pullback low breaks the Friday higher lows trendline and brings the fib 61.8% at 60.57 and the 60.00 psych pivot back into view
H1 close above the 61.17 Friday high clears the 78.6% retracement and opens the path to the 61.85 week high
US CPI Wed Oct 14 12:30 UTC (f/c 3.6%) is the main event risk, with Hammack, Waller and Bowman speaking beforehand
Weekend close in a narrow range leaves gap risk around the 60.68–61.17 band
Double bottom breakout off 58.49, stalled near 78.6% of week's drop.
Silver slid from Tuesday's 61.853 week high to 58.494 through Wednesday and Thursday as the FOMC minutes and higher yields weighed. It then formed a double bottom at 58.49/58.52 and broke the 59.40 neckline into Friday's Asia session as yields and oil eased. The NY-open spike to the 61.173 Friday high stalled near the 78.6% retracement of the week's drop and has faded to 60.75. Price still holds above EMA(20) at 60.33, and RSI(14) has cooled to about 62.
Support: 60.33, 60.10, 60.00
Resistance: 61.173, 61.853
What it said to watch
H1 close above the 61.173 Friday high clears the 78.6% fib and opens the 61.853 week high
Loss of EMA(20) at 60.33, then the 60.10 pullback low, would mark the first lower low since the double bottom
A close back below the 60.00 psych pivot undercuts the breakout read
Weekend gap risk plus Fedspeak (Hammack Mon 16:50 UTC, Waller Tue 07:45 UTC) ahead of US CPI on Wed Oct 14 at 12:30 UTC could materially shift this read
Lower highs Tue–Thu; double bottom near 58.50 then higher lows into Friday.
Silver unwound Thursday's slide with a double bottom at 58.49/58.53, then printed higher lows through Friday's Asia session as yields and oil eased. EMA(20), near 60.22, has crossed above EMA(50), and price trades above both. The NY-open push stalled at the 61.17 friday high, the 78.6% fib of the Tuesday–Thursday decline, and the UoM inflation-expectations uptick sent price back toward the 61.8% fib at 60.57. RSI(14) has cooled to ~61 from ~69, and the 61.85 week high from Tuesday's rejection still caps.
Support: 60.57, 60.22, 60.00
Resistance: 61.17, 61.85
What it said to watch
Hourly close back below the 61.8% fib at 60.57 puts the higher-lows trendline near 60.45 under test
Loss of the higher-lows line and ema20 near 60.22 exposes the 60.00 psych pivot and turns the rebound into a lower-high
Close above the 61.17 friday high clears the 78.6% fib and reopens the 61.85 week high
US CPI Wed 12:30 UTC (f/c 3.6%) and Fedspeak from Hammack, Waller and Bowman could materially shift this read
14:06 UTC
Recovering from week low, higher lows since Thursday · RSI 72 · price 61.002
Double bottom at 58.50 broken higher; price back above 60.60 prior high.
Silver has retraced about three-quarters of the Tuesday–Thursday decline. A double bottom at 58.49/58.52 formed across Thursday's London and NY sessions, and Friday's Asia and London sessions printed rising lows above the 59.40 neckline. The push through the 60.60 prior high came in the first hour of NY as oil and Treasury yields eased on Iran headlines, tagging a 61.17 session high, with price above EMA(20) and EMA(50) and RSI(14) in overbought territory in the low 70s. The 61.8% fib of the decline sits on the 60.60 prior high, while the 60.10 pullback low anchors the rising lows line.
Support: 60.597, 60.10, 59.40
Resistance: 61.173, 61.853, 62.022
What it said to watch
UoM sentiment and 1y/5y inflation expectations (14:00 UTC) land in the current bar and could materially shift this read
H1 close back below the 60.60 prior high would turn the breakout into a false break
Break of the 60.10 pullback low ends the rising lows sequence and exposes the 59.40 neckline
H1 close above the 61.17 session high opens the path to the 61.85 tuesday high and 62.02 week high
Lower high Tue, lower low Thu; Friday recovery stalling at 61.8% retrace.
Silver printed its week high at 62.02 on Monday, then set a lower high with Tuesday's 61.85 rejection. The hawkish FOMC minutes drove Wednesday's break through 60.00 and a Thursday week low at 58.49. A double bottom at 58.49/58.53 gave way to a Friday recovery from Asia through the London open, as oil and yields eased. That recovery has reclaimed the 60.00 psych pivot and both EMAs along a steep rebound trendline. The 60.60 cap, which combines Thursday's high and the 61.8% fib of the Tuesday–Thursday drop, has capped two attempts today, with RSI(14) near 68.
Support: 60.10, 60.00, 58.494
Resistance: 60.60, 61.853, 62.022
What it said to watch
UoM sentiment and 1y/5y inflation expectations at 14:00 UTC could materially shift this read
H1 close above the 60.60 cap opens the path toward the 61.00 breakdown area and the tuesday high at 61.85, with the week high at 62.02 beyond
Break of the rebound trendline and the 60.10 pullback low puts the 60.00 psych pivot back in play
Loss of 60.00 psych re-exposes the 59.78 38.2% fib and the 58.49 week low
Double bottom 58.49/58.53; lower-highs line broken, testing 60.60.
Silver printed lower highs from Monday's 62.02 high and Tuesday's 61.85 high, then flushed to the 58.49 week low in London on Thursday. A matching 58.53 low in NY formed a double bottom. Friday's Asia-session rally broke the lower-highs trendline and the 59.40 neckline as oil and yields eased on Trump's Iran comments. Price now sits just under the 60.60 Thursday cap and the 61.8% fib of the week's 62.02–58.49 fib range, with RSI(14) at 67. EMA(20) has turned up through EMA(50), and both are clustered at the 60.00 psych level.
Support: 60.00, 59.22, 58.49
Resistance: 60.60, 61.85
What it said to watch
UoM sentiment and inflation expectations at 14:00 UTC could materially shift this read; a hot print revives hike pricing
H1 close above the 60.60 Thursday cap and the 61.8% fib opens the path toward the 61.85 Tuesday high
Loss of the 60.00 psych/EMA(20) cluster and the bounce trendline puts the 59.22 Asian low back in play
Break below the 58.49 week low invalidates the double bottom
11:06 UTC
Relief bounce inside a week of lower highs, momentum fading · RSI 62 · price 60.217
Double bottom at 58.50 broken higher; capped at 60.60, pulling back toward 60.17.
Silver slid from Monday's 62.02 week high and cracked 60.00 after Wednesday's hawkish FOMC minutes, then carved a double bottom near the 58.49 week low during Thursday's NY session. Friday's Asia-session bounce on softer oil and yields cleared the 59.40 neckline and reclaimed EMA(20) and EMA(50), now converged near 59.90. The rally stalled at 60.60, the 61.8% fib of the drop from the Tue high and a second cap after Thursday's 60.58. London has drifted back toward the 50% retracement at 60.17, just above the 60.00 psych level, with RSI(14) easing to ~62.
Support: 60.00, 59.52, 58.49
Resistance: 60.60, 61.85, 62.02
What it said to watch
H1 close above 60.60 (61.8% fib) clears the lower highs line and opens the path to the 61.85 tue high
Loss of the 60.00 psych level and EMA(20) shifts focus back to the 59.52 higher low from Friday's Asia session
A break below the 58.49 week low resumes the lower-high, lower-low sequence
UoM sentiment and 1y/5y inflation expectations at 14:00 UTC could materially shift this read
Lower highs from 62.02 intact; double bottom at 58.50, neckline reclaimed, stalling under 60.60.
Silver printed lower highs at Monday's 62.02 and the 61.85 tue high before Wednesday's hawkish FOMC minutes cracked 60.00, extending to a 58.49 week low on Thursday where a double bottom formed. Friday's Asia session reclaimed the 59.40 neckline and the ema20/50 cluster near 59.95 as oil and Treasury yields pulled back, lifting RSI(14) to ~65. London has since compressed just under the 60.60 thu-fri high, which lines up with the 61.8% retracement of the 61.85–58.49 decline.
Support: 59.95, 59.40, 58.49
Resistance: 60.60, 61.00, 61.85
What it said to watch
H1 close above the 60.60 thu-fri high opens the round number at 61.00, then the 61.85 tue high
Loss of the rebound trendline and the ema20/50 cluster near 59.95 puts the 59.40 neckline back in play
Break below the 58.49 week low resumes the lower-low sequence
UoM sentiment and 1y/5y inflation expectations at 14:00 UTC (17:00 broker) could materially shift this read
09:08 UTC
Downtrend, Friday rebound testing the lower-high zone · RSI 68 · price 60.355
Lower highs and lower lows from 62.02, then a double bottom at 58.50 with a break into the 60.60 cap.
Silver printed lower highs and lower lows from Monday's 62.02 week high down to Thursday's 58.49 week low as yields and oil climbed. A second probe at 58.53 during NY hours formed a double bottom. Friday's Asia session reversed Thursday's losses on the oil and yield pullback, clearing the 59.40 neckline and reclaiming the 60.00 round number and the ema cluster near 59.90. The move stalled with a rejection at the 60.60 twin highs, just under the 61.8% fib of the week's decline (60.67), while RSI(14) near 68 is stretched but not yet overbought.
Support: 60.00, 59.90, 58.494
Resistance: 60.60, 61.853, 62.022
What it said to watch
H1 close above the 60.60 twin highs and the 61.8% fib breaks the lower-high sequence and opens a path toward the 61.85 tue high, with the 62.02 week high above
Loss of the 60.00 round number and the ema cluster near 59.90 would undercut the double bottom and return focus to the 58.49 week low
UoM sentiment and 1y/5y inflation expectations at 14:00 UTC today could materially shift this read via yields
Lower highs from Monday's peak; double bottom at 58.5 resolved higher on Friday.
Silver has printed lower highs since Monday's 62.02 week high. The FOMC-minutes spike in Wednesday's NY session and Thursday's slide set a week low at 58.49. A double bottom at 58.49/58.52 resolved higher in Friday's Asia session as oil-led yield relief lifted metals, breaking the lower-highs trendline and reclaiming the 60.00 psych level and EMA(20) near 59.82. The rebound has stalled at the 61.8% fib of the Tuesday high–week low drop (60.57), in line with the prior high at 60.60, with RSI(14) near 69 into the London session.
Support: 60.00, 59.82, 58.494
Resistance: 60.60, 61.474, 62.022
What it said to watch
H1 close above the prior high at 60.60 clears the 61.8% fib and opens the wed high at 61.47
Failure to hold the 60.00 psych level and ema20 near 59.82 shifts focus back to the week low at 58.49
A move back toward the week high at 62.02 would negate the lower-highs structure
UoM sentiment and 1y/5y inflation expectations at 14:00 UTC could materially shift this read
Lower highs from 61.85; double bottom at 58.50 broken higher.
Silver has printed lower highs since Tuesday's 61.85 swing high. Firmer yields and hawkish FOMC minutes drove the Wednesday–Thursday slide to a 2-month low at 58.49, and Thursday's London and NY lows at 58.49/58.53 formed a double bottom. Softer oil on Iran headlines then fuelled an Asia-session break above the 59.40 neckline, lifting price back over the 60.00 psych level and both EMAs along a rebound trendline. The advance stalled at the 60.60 prior high, which coincides with the 61.8% fib of the week's decline, with RSI(14) near 61 mid-range rather than stretched.
Support: 60.00, 59.40, 58.49
Resistance: 60.60, 61.85
What it said to watch
H1 close above the 60.60 prior high breaks the lower-high sequence and opens the path to the 61.85 swing high
Failure to hold the 60.00 psych level brings the EMA(20)/EMA(50) cluster near 59.80 and the 59.40 neckline back into focus
A move back below the 59.40 neckline undoes the double bottom and re-exposes the 2-month low at 58.49
H1 close below the rebound trendline signals the Asia-session advance is losing traction
UoM sentiment and inflation expectations at 14:00 UTC could materially shift this read
06:05 UTC
Downtrend on the week, rebound stalling at 61.8% fib · RSI 59 · price 60.243
Lower highs from 62.02; double bottom at 58.49/58.53 cleared above 59.40, rally capped at 60.60.
Silver built a double bottom at 58.49–58.53 on Thursday and lifted through the 59.40 neckline in today's Asia session, reclaiming psych 60 as lower oil on the Iran-talk headlines eased hike fears. The rally stalled at 60.60, where the 61.8% fib of Tuesday's 61.85-to-58.49 slide lines up with Thursday's Asia high, leaving price near the 50% retracement with the ema20 rising toward 59.60. The week still shows lower highs from Monday's 62.02 week high, with the 61.02 weekly open overhead.
Support: 59.60, 58.494
Resistance: 60.60, 61.015, 62.022
What it said to watch
H1 close above 60.60 (61.8% fib) opens the path to the 61.02 weekly open
Loss of psych 60 and the rising lows line shifts focus back to the ema20 near 59.60
A break below the 58.49 week low invalidates the double bottom and resumes the lower-highs sequence
UoM sentiment and inflation expectations at 14:00 UTC could materially shift this read
Lower highs intact all week; bounce retesting 50–61.8% of the Tue–Thu drop.
Silver has printed lower highs all week: 62.02 week high Monday, 61.85 Tuesday, then the 60.58 thu high. The midweek slide through $60 on rising yields, firmer oil and hawkish FOMC minutes set a 58.49 week low. Friday's Asia session rebound, tied to softer oil on Iran-talk headlines, has lifted price above the ema20 and back over the $60 psych level along a steep rebound line, retesting the 50% level of the Tue–Thu drop with RSI(14) near 73 and the 61.8% fib converging with the thu high at 60.58.
Support: 60.00, 59.55, 58.49
Resistance: 60.58, 61.47, 62.02
What it said to watch
H1 close above the 60.58 thu high (61.8% fib) opens the path to the 61.47 wed high, then the 62.02 week high
Slip back below the 60.00 psych and the rebound line exposes the ema20 near 59.55
Loss of the 58.49 week low resumes the lower-low sequence
UoM sentiment and 1y/5y inflation expectations at 14:00 UTC could materially shift this read
Lower highs and lows since Monday; descending trendline broken.
Silver has printed lower highs and lower lows since the 62.02 week high on Monday. Hawkish FOMC minutes and firm yields drove Wednesday's slide, and Thursday's London-session drop took price to the 58.49 week low. Friday's Asia-session rebound has reclaimed the 60.00 psych level, the EMA(20) and the EMA50 near 59.78. It has also cleared the lower-highs trendline from Tuesday's 61.85 high, with RSI(14) back near 63. Price is stalling at the 50% fib retrace of the Tue–Thu drop around 60.17, just below the 60.58 Thu high, which sits at the 61.8% level.
Support: 60.00, 59.78, 58.494
Resistance: 60.58, 61.853, 62.022
What it said to watch
H1 close above the 60.58 Thu high (61.8% fib) breaks the lower-high sequence and puts the 61.85 Tue high back in view
A fresh lower high below 60.58 keeps the downtrend structure intact despite the trendline break
Loss of 60.00 psych and the ema50 near 59.78 returns focus to the 58.49 week low
UoM sentiment plus 1y/5y inflation expectations Fri 14:00 UTC (~10h) could materially shift this read
Rejection near the 62.02 week high would cap any extension of the Friday rebound
Lower highs from 62.02; double bottom at 58.50 with neckline cleared.
Silver printed lower highs all week from Monday's 62.02 peak. Hawkish FOMC minutes and 10Y yields near 5.3% took price below 60.00, and Thursday's London session extended the slide to the 58.49 week low. Two tests of the 58.50 area held, and Friday's Asia session rally cleared the 59.40 neckline, the lower-high line from Tuesday's 61.85 high, and EMA(20), with RSI(14) back to 64. Price now sits just under the 50% fib of the weekly decline at 60.26, with Thursday's 60.58 Asia high (thu high) next, near the week open.
Support: 60.00, 59.40, 58.50
Resistance: 60.26, 60.58
What it said to watch
H1 close back below the 60.00 psych level reverts to the breakdown read
Acceptance above the 60.26 50% fib and the 60.58 thu high breaks the lower-high sequence
Loss of the 59.40 neckline voids the double bottom and exposes the 58.50 week low
UoM sentiment and 1y/5y inflation expectations at 14:00 UTC could materially shift this read
The week is defined by lower highs: Monday's 62.02 peak, Tuesday's 61.85 and Thursday's Asia-session cap at 60.58. Hawkish FOMC minutes and firm yields drove Wednesday's break below the $60 psych level. Thursday's twin lows at 58.49 and 58.53, set in London and then NY, formed a small double bottom. Friday's Asia session rebound has cleared the 59.40 neckline and reclaimed EMA(20) near 59.32, with RSI(14) recovering to ~55. Price is now pressing the falling trendline from Tuesday's high, just under EMA(50) at 59.71 and the 38.2% fib near 59.78.
Support: 59.40, 59.32, 58.49
Resistance: 59.71, 60.58
What it said to watch
H1 close above EMA(50) at 59.71 and the $60 psych level would break the lower-high sequence and neutralise the falling trendline
Rejection at the falling trendline keeps the 60.58 lower high and the downtrend read intact
A slip back below the 59.40 neckline and EMA(20) would void the double bottom and re-expose the 58.49 week low
Michigan Sentiment and 1y/5y inflation expectations (Fri 14:00 UTC) could materially shift this read via yields
Daily lower highs since Monday; double bottom near 58.50 pressing the falling trendline.
Silver has printed lower highs every day since Monday's 62.02 peak. Wednesday's hawkish FOMC minutes broke the 60.00 psych level, and Thursday's late-Asia selloff ran into London to a 58.49 swing low. A twin low at 58.49/58.53 has held since, and the Asia-session bounce has lifted price back above the ema20 and the 59.40 neckline, with RSI(14) recovering to around 60. Price now sits on the falling trendline from Tuesday's 61.85 high, still below EMA(50).
Support: 59.40, 58.494
Resistance: 59.777, 60.00, 60.58
What it said to watch
H1 close above the 59.78 fib 38.2 and 60.00 psych breaks the daily lower-high sequence
Rejection at the falling trendline and a loss of the 59.40 neckline and ema20 return focus to the 58.49 swing low
60.58 thu high lines up with the 61.8% fib; it marks the next cap if 60.00 gives way
UoM sentiment and inflation expectations Fri 14:00 UTC could materially shift this read