XAG/USD AI Live Scan, 4-hour chart, Tuesday, 10 November 2026

Every read JAFX AI made on the XAG/USD 4-hour chart that day, newest first: trend, structure, the levels it marked and what it said to watch.

22:04 UTC

Rebound failing, rolling over below both EMAs · RSI 45 · price 51.526

Double top at 53.45-53.70, price testing prior higher low.

Silver's rebound from the 48.60 year low stalled twice at 53.45-53.70, forming a double top. The hot October CPI then pushed price back through the ema20 and ema50 to a 51.12 swing low. That low sits marginally under the prior 51.18 higher low and right at the 50% retrace of the rebound. EMA20 has crossed back below EMA50, ATR(14) is easing from ~947 to ~845 pips and RSI sits at 44.7, while lower highs from the 58.59 October peak remain intact.

Support: 51.116, 50.548, 48.599

Resistance: 52.214, 52.294, 53.701

What it said to watch

  • H4 close below the 51.12 swing low confirms the double top and exposes the 61.8% fib near 50.55, then the 48.60 year low
  • Recovery back above the ema20/ema50 band at 52.21-52.29 would neutralise the CPI break
  • A move through the 53.70 double top would break the lower-highs sequence
  • Fed's Bowman and Paulson at 23:30 UTC could materially shift this read
  • Thursday's Initial Jobless Claims (f/c 195K) and the Fed speaker slate are the next swing factors

18:03 UTC

Broader downtrend, rebound fading · RSI 42 · price 51.226

Lower highs at 54.61 and 53.70; price testing the 51.12–51.18 range floor.

Silver's rebound from the 48.60 one-year low stalled at 53.70, a lower high beneath the 54.61 lower high, and the hot October CPI drove a two-bar slide back to the 51.12–51.18 range floor. That floor also sits at the 50% retracement of the 48.60–53.70 advance. Price is below both EMAs, and ema20 (52.286) has slipped back under ema50 (52.325) for a fresh bearish ema cross, while ATR(14) holds near 876 pips with no sign of compression.

Support: 51.12, 50.00, 48.60

Resistance: 52.286, 53.70, 54.605

What it said to watch

  • H4 close below the 51.12 range floor breaks the higher-low sequence and opens the 50.00 round number, then the 48.60 one-year low
  • Reclaim of ema20/ema50 at 52.29–52.33 would neutralise the ema cross and return price to mid-range
  • Close above the 53.70 range top and the lower-high line toward the 54.61 lower high would end the lower-high sequence
  • Fed's Bowman (20:30 GMT) and Paulson/Bowman (23:30 GMT) on December hike size could extend or reverse the CPI move
  • Thu Initial Jobless Claims (f/c 195K) is the next data risk for USD and yields

14:04 UTC

Downtrend, post-low rebound fading · RSI 45 · price 51.851

Higher lows off the 48.60 low inside a 51.20–53.70 range, capped by a lower-highs line.

Silver has built a 51.20–53.70 range off the 48.60 1y low, with higher lows holding while the 53.45 range top and the 53.70 swing high capped twice, both under a lower-highs line from the late-October 54.60 peak. The hot October CPI (core 0.3% vs 0.2% f/c, headline 0.4% vs 0.3%) pushed price back below the ema20 at 52.398 and the ema50 at 52.37 just after a fresh ema cross. That leaves the 38.2% retracement of the 48.60–53.70 leg under test, with RSI at 45.4 and ATR(14) near 870 pips steady rather than compressing.

Support: 51.178, 48.599

Resistance: 52.398, 53.453, 53.701

What it said to watch

  • H4 close below the 51.20 swing low breaks the higher-low sequence and puts the 48.60 1y low back in view
  • Recovery above the ema20 at 52.398 and the ema50 at 52.37 restores the mid-range read and neutralises the CPI drop
  • Close above the 53.70 swing high and the lower-highs line invalidates the range-top cap
  • Fed's Bowman (20:30 UTC) and Paulson/Bowman (23:30 UTC) could extend or unwind the hawkish CPI repricing

10:03 UTC

Recovery inside a broader downtrend · RSI 53 · price 52.519

Higher lows off 48.61, capped at 53.45-53.71.

Silver has made higher lows since the 48.61 one-year low, at 51.187 and then 52.25. The midterm-driven USD drop fuelled the rebound, but every rally since has stalled at the 53.45-53.71 range cap, while the wider sequence of lower highs from 60.17 is still intact. EMA(20) has just crossed above EMA(50), and price holds above both, with the ema20 at 52.47 and ema50 at 52.40. RSI at 52.8 is neutral and ATR(14) has eased from 960 to 855 pips, a coiling profile that leaves today's US CPI as the likely catalyst.

Support: 52.472, 52.25, 51.187

Resistance: 53.712, 54.61

What it said to watch

  • US October CPI today at 13:30 GMT, with core MoM forecast at 0.2%, could materially shift this read
  • An H4 close above the 53.71 swing high breaks the range cap and the lower-high sequence, opening the 54.61 prior high
  • A close below the 52.25 higher low and the ema50 at 52.40 puts the 51.187 swing low back in focus, near the 50% rebound fib
  • A break of the rising lows trendline would undo the recovery structure from 48.61

06:03 UTC

Recovery from year low, capped below 53.71 · RSI 60 · price 53.269

Higher lows since 48.61; stalling at 50% retrace.

Silver has printed higher lows off the 48.61 year low, with the post-NFP dip holding at 51.19. The rebound keeps stalling in the 53.45-53.71 swing high band, which lines up with the 50% retracement of the 58.59-48.61 decline. EMA20 has just crossed above EMA50, price sits above both and RSI is at 59.5, while ATR(14) easing to 836 pips from 960 points to compression beneath the cap after the midterm-driven USD slide fuelled the bounce.

Support: 52.454, 51.187, 48.609

Resistance: 53.712, 54.61

What it said to watch

  • H4 close above the 53.71 swing high clears the 50% retracement and brings the 54.61 range top into view
  • Failure to hold the ema20 at 52.45 exposes the 51.19 higher low and the rising higher-lows trendline
  • A break below the 51.19 higher low negates the recovery structure and puts the 48.61 year low back in play
  • US CPI at 13:30 GMT (in ~7h) could materially shift this read; Waller speaks at 09:00 GMT

02:05 UTC

Uptrend from one-year low, pressing cap · RSI 61 · price 53.522

Higher highs and higher lows since the 48.60 low.

Silver has printed higher highs and higher lows since the 48.60 one-year low. The NFP-driven dip held at the 51.18 higher low, and Monday's 52.06 swing low added another step up. Price is now testing the 53.45 prior high, the cap that stalled the post-midterm squeeze, with a probe to a 53.70 recent high but only a marginal close above it. EMA20 has crossed above EMA50, and ATR(14) near 775 pips shows a still-expanded range rather than compression.

Support: 53.45, 52.06, 51.18

Resistance: 53.70, 54.60

What it said to watch

  • Sustained H4 closes above the 53.70 recent high clear the 53.45 cap and expose the 54.60 swing high
  • A slip back below the 53.45 prior high turns the probe into a false break and puts the 52.06 swing low back in focus
  • Failure to hold the 51.18 higher low breaks the higher-low sequence from the 48.60 low
  • US CPI Tue 13:30 GMT and Waller at 09:00 GMT could materially shift this read; a hot core print threatens the higher-low trendline

All markets that day · Today’s XAG/USD Live Scan in the terminal