XAG/USD AI Live Scan, 1-hour chart, Thursday, 11 June 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.

23:03 UTC

Weekly downtrend, sharp corrective rebound · RSI 71 · price 67.871

Recovering off YTD low, higher lows.

Silver collapsed from ~$69 to an 11-week low near $61.50 earlier this week before a sharp NY-session rebound, helped by US-Iran ceasefire headlines that soothed risk tone. Price has now reclaimed the $66 cap and is pressing the 200-day SMA region around $67.25, where the recovery is meeting first resistance. The bounce comes off oversold conditions, but the move sits within a broader hawkish-Fed driven weekly decline.

Support: 67.25, 66.00, 65.30

Resistance: 68.50

What it said to watch

  • Failure to hold $67.25/200-day flips this back into the $65.30-66.00 range
  • H1 close above $68.50 swing high extends the rebound toward the week high
  • UoM Michigan Sentiment Fri 14:00 GMT could materially shift this read

23:02 UTC

Sharp recovery off YTD low · RSI 72 · price 67.871

V-base, reclaiming prior caps.

Silver collapsed to an 11-week low near 61.50 mid-week before a steep V-shaped recovery, helped by US-Iran ceasefire headlines and softer core CPI/PPI prints that tempered the hawkish-Fed bid. Into late NY, price reclaimed the $66 cap and pushed back above the 200-day SMA area (~67.25), with RSI(14) now elevated near overbought. The move sits well above EMA20/EMA50 after building higher lows since the 61.50 base.

Support: 67.25, 66.00

Resistance: 67.94, 68.50

What it said to watch

  • Failure to hold 67.25 reopens the 66.00 retest
  • Sustained trade above 67.94 extends the recovery toward 68.50
  • Michigan Sentiment Fri 14:00 GMT could materially shift this read

22:03 UTC

Weekly downtrend, sharp corrective rebound · RSI 66 · price 67.322

Recovery off YTD low, testing $66-67 cap.

Silver collapsed to an 11-week low near $61.50 this week before a sharp corrective rebound, with the latest NY session driving price back above the $66 cap toward the 200-day SMA at $67.25. The move follows in-line CPI and a hawkish-Fed repricing, but US-Iran ceasefire headlines fuelled the relief bounce; RSI(14) has cycled up with the recovery and price now sits above both EMAs. The $66 prior-resistance area is the first level to watch on any pullback.

Support: 66.00

Resistance: 67.25

What it said to watch

  • Rejection at the 67.25 200-day sma would cap the corrective recovery
  • H1 close back below 66.0 signals the bounce stalling and reopens the downside
  • UoM Michigan sentiment Fri 14:00 GMT could materially shift this read

22:03 UTC

Corrective recovery, momentum stretched · RSI 76 · price 67.322

Bounce off YTD low, higher lows into resistance.

Silver rebounded sharply from the $61.50 YTD low, reclaiming the $66 cap through the NY session and now testing the 200-day SMA near $67.25, helped by US-Iran ceasefire headlines and softer core CPI/PPI prints. The recovery has built a clean set of higher lows off Tuesday's base, but RSk(14) near 76 leaves momentum stretched into resistance. The $66–67.25 band is the pivotal zone the rally is wrestling with.

Support: 66.00, 64.60, 61.487

Resistance: 67.25, 68.00

What it said to watch

  • Hourly close above 67.25 reclaims the 200-day SMA and opens 68.00
  • Failure to hold 66.00 reopens the downside toward 64.60 ema20
  • Michigan sentiment Fri 14:00 GMT could materially shift this read

21:05 UTC

Downtrend, sharp corrective bounce · RSI 68 · price 67.322

Recovering off 11-week low, reclaiming 66 cap.

Silver collapsed to an 11-week low near 61.50 earlier this week on hawkish-Fed repricing, then mounted a sharp recovery into the NY session as US-Iran ceasefire headlines and a softer core PPI print eased pressure. Price has now reclaimed the 66 cap and is pressing the 200-day SMA region near 67.25, with RSI cycling back above 60 after holding higher lows off the base. The broader move remains a corrective bounce within this week's breakdown until 67.25 is cleared on a closing basis.

Support: 66.00, 61.50

Resistance: 67.25, 68.00

What it said to watch

  • H1 close above 67.25 (200d sma) opens the path to 68.00
  • Failure to hold 66.00 reverts to the bearish breakdown read
  • UoM Michigan sentiment Fri 14:00 GMT could materially shift this read

21:05 UTC

Downtrend, sharp corrective bounce · RSI 68 · price 67.322

Recovery off ytd low, testing 200-day sma.

Silver collapsed to an 11-week low at 61.49 earlier this week as hawkish-Fed repricing after in-line CPI crushed the non-yielder, but the last three bars staged a sharp recovery from 63.8 to 67.3, reclaiming the $66 cap. The rally now presses the 200-day SMA near 67.25, with RSI(14) lifting toward 68 after carving a higher low against the price low. Both EMAs sit below price for the first time since the breakdown.

Support: 66.00, 64.55, 61.49

Resistance: 67.25, 68.45

What it said to watch

  • H1 close above 67.25 (200-day sma) opens path toward 68.45
  • Failure to hold 66.00 reopens the 64.55 swing
  • UoM Michigan Sentiment Fri 14:00 GMT could materially shift this read

20:03 UTC

Downtrend, sharp relief bounce · RSI 78 · price 67.274

V-recovery off week low into resistance.

Sharp V-recovery off the $61.49 week low, with price rallying through the NY session to $67.27 as US-Iran ceasefire headlines unwound safe-haven selling. RSI(14) is stretched near 78 and price is pressing the $67.54 session high after reclaiming EMA20 and EMA50. The move retraces this week's slide but the recovery remains a counter-trend bounce until the prior decline structure breaks.

Support: 65.30, 63.63, 61.49

Resistance: 67.54

What it said to watch

  • H1 close above 67.54 extends the relief bounce; rejection there keeps it a counter-trend move
  • Loss of 65.30 would signal the bounce stalling and reopen the 63.63 higher low
  • Fri 14:00 UTC Michigan sentiment + inflation expectations could materially shift this read

20:03 UTC

Downtrend, sharp relief bounce · RSI 78 · price 67.274

Lower-low base, recovering off week low.

Brutal week for silver — sold from ~$68 toward a $61.49 base on Fed-hike repricing and Middle East volatility, then a sharp relief bounce through the NY session lifted price ~9% off the low to $67.27 on US-Iran ceasefire hopes and short-covering. The recovery cleared the $66 cap in a single impulse and is now testing the $67.25/67.54 zone, with RSI(14) stretched near 78 after the vertical move. Price sits well above EMA(20) and EMA(50), reflecting how fast the snap-back ran.

Support: 61.49

Resistance: 67.54, 68.00

What it said to watch

  • Failure to hold $66 would signal the bounce stalling below the $67.54 cap
  • Hourly close above $68.00 extends the relief move
  • RSI near 78 — stretched after the vertical rally
  • Fri 14:00 UTC Michigan sentiment + inflation expectations could shift this read

19:03 UTC

Downtrend, sharp relief bounce · RSI 62 · price 66.307

Rebound off week low, testing 66 cap.

Brutal week: silver bled from ~69 to a 61.49 low on Fed hike-bets and an in-line 4.2% CPI, then staged a sharp short-cover bounce in the last session, reclaiming 66 and tagging the 0.618 retrace of the week's drop. Price now sits into the $66 cap with the 200-day SMA near 67.25 the larger barrier. RSI(14) has cycled back above 60 off oversold, while price holds above a reclaimed EMA20.

Support: 65.30, 64.05, 61.49

Resistance: 66.55, 67.25

What it said to watch

  • H1 close above 66.55 then 67.25 (200-day) would shift the bounce toward trend repair
  • Failure to hold 65.30 reopens the 64.05 base and the 61.49 week low
  • Fri 14:00 UTC Michigan sentiment + inflation expectations could materially shift this read

19:03 UTC

Downtrend, relief bounce underway · RSI 66 · price 66.307

Lower highs into YTD-low area, now recovering.

Brutal week for silver: price bled from ~69 toward the 61.50 YTD low before stabilising and snapping ~2% higher into the latest NY hours on US-Iran ceasefire headlines. The advance is now pressing the $66 cap with the 200-day SMA at 67.25 the larger barrier overhead; the bounce off the 62.78 higher low carried a bullish RSI divergence. Price has reclaimed both H1 EMAs but sits below the broken weekly structure that defined the slide.

Support: 64.00, 61.50

Resistance: 66.56, 67.25

What it said to watch

  • H1 close above the 66.56 session high opens the path to the 67.25 200-day sma
  • Failure to hold the 64.00 pivot reopens the 61.50 ytd low
  • UoM Michigan sentiment + inflation expectations Fri 14:00 UTC could shift this read

18:03 UTC

Downtrend, sharp relief bounce · RSI 61 · price 65.933

Bounce off week low, breaking the 63.30-64.00 consolidation.

Brutal week — silver shed close to 9% from Monday's ~$69 toward $61.50 as a hot NFP and sticky CPI fed higher-for-longer bets and a break of the longer-term SMA. Price has clawed back toward $66, with the latest bar spiking out of the $63.30-64.00 consolidation on US-Iran ceasefire headlines and lifting RSI off oversold. The $66.00 cap is the line being tested into the NY session, with EMA(20) now reclaimed.

Support: 64.00, 63.30, 61.50

Resistance: 66.00, 66.56

What it said to watch

  • H1 close above 66.00 opens the path toward the 66.56 spike high
  • Failure to hold 64.00 reopens the 61.50 week low
  • Fri 14:00 UTC Michigan sentiment/inflation expectations could materially shift this read

18:03 UTC

Downtrend, sharp relief bounce · RSI 62 · price 65.933

Lower lows into week low, reclaim attempt.

Silver sold off from ~69.45 to a 61.49 week low before basing around the 63.40 area since yesterday's NY session. The final hour produced a sharp spike to a 66.56 high on US-Iran ceasefire hopes and softer core CPI/PPI prints, reclaiming the EMA20 with RSI(14) lifting toward 60. The 66.00 round cap is the immediate barrier and price still sits below the broader weekly decline structure.

Support: 64.20, 63.40, 61.49

Resistance: 66.00, 66.56

What it said to watch

  • H1 close above 66.00 round cap extends the relief bounce toward 67.25
  • Failure to hold the 64.20 ema20 returns price into the 63.40 base
  • Fri 14:00 UTC Michigan sentiment/inflation expectations could shift this read

17:03 UTC

Downtrend, oversold bounce stalling · RSI 46 · price 63.718

Consolidation after sharp selloff, range 63.30–64.66.

Silver collapsed roughly 10% this week from the 69.90 open toward the 61.49 weekly low on hawkish-Fed repricing, with the sharpest leg landing through the Wednesday session. A softer core PPI print (4.9% vs 5.4% f/c) helped spark a rebound to ~64, where price has since consolidated in a 63.30–64.66 range. It sits just below EMA(20) and well under EMA(50), with RSI(14) recovered off oversold into the mid-40s.

Support: 63.30, 62.40, 61.49

Resistance: 64.66, 65.74, 66.00

What it said to watch

  • H1 close above the 64.66 swing high opens the 65.74 prior high then the 66.00 psych cap
  • Failure to hold the 63.30 range low reopens the 62.40 swing low and 61.49 weekly low
  • FOMC Jun 16-17 is the dominant catalyst; Michigan sentiment Fri 14:00 UTC a near-term risk

17:03 UTC

Downtrend, momentum stalling · RSI 49 · price 63.718

Consolidation after sharp selloff, basing above 11-wk low.

Silver shed nearly 10% across the week, plunging from ~$69 to an 11-week low of 61.49 on hawkish-Fed repricing before stabilising in a 62.78–64.61 band. Price recovered off the low after a softer core PPI print and US-Iran ceasefire headlines, but it sits back below EMA20 with RSI flattened mid-range. The 64.61 session high has capped the bounce twice while demand has stepped in around 62.80.

Support: 62.78, 61.49

Resistance: 64.61, 65.18

What it said to watch

  • Hourly close below 61.49 reopens the path toward 60.00
  • Reclaim of 65.18 would shift the consolidation read higher
  • Michigan Sentiment (Fri 14:00 UTC) and 1yr inflation expectations could swing this read

16:02 UTC

Downtrend, bouncing off lows · RSI 51 · price 64.096

Consolidation after impulsive slide.

Silver shed >10% this week from ~71.5 toward an 11-week low at 61.50 as markets repriced toward a higher-for-longer Fed; the last day has been a flat consolidation pinned between the 63.30 swing low and the 64.66 prior high. Yesterday's mixed PPI (cooler core, hot headline) left the hawkish backdrop intact, and the oversold bounce has so far stalled under 64.66 with RSI(14) cycling around 50.

Support: 63.30, 61.50

Resistance: 64.66, 65.18, 66.00

What it said to watch

  • H1 close above 64.66 opens the path toward the 65.18 swing high then 66.00 ceiling
  • Loss of the 63.30 swing low reopens the 61.50 week low
  • Michigan Sentiment Fri 14:00 UTC could shift this consolidation read

16:02 UTC

Downtrend, corrective bounce · RSI 47 · price 64.096

Broke below week support, basing above 61.50 low.

Silver opened the week near 71.45 and bled lower across each session on hawkish-Fed repricing, with the breakdown accelerating into an 11-week low at 61.50 before a roughly 1% recovery into the 64 area. Mixed US PPI (cooler core, hot headline) and steady jobless claims left the broader pressure intact, so the move off the low reads as a corrective bounce within a downtrend; price is hugging EMA(20) while EMA(50) caps overhead. The 65.74 bounce high and the 66.00 supply zone are the levels capping recovery attempts.

Support: 61.50

Resistance: 65.74, 66.00

What it said to watch

  • H1 close above 66.00 negates the bearish ceiling and opens the 200-DMA area
  • Loss of 61.50 weekly low confirms a fresh lower-low
  • Michigan Sentiment Fri 14:00 UTC could materially shift this read

15:02 UTC

Downtrend, corrective bounce · RSI 47 · price 63.848

Lower highs into a base, short-term higher lows off the low.

Brutal week for silver — roughly a 10% slide from ~69 with the 200-DMA broken, bottoming at the 11-wk low near 61.50 before a corrective bounce back to ~64. Soft core PPI (4.9% vs 5.4%) gave a marginal tailwind, but rallies into 66.00 have been capped and price now consolidates in a 63.30–64.66 band, holding just above the EMA20 with RSI recovering off oversold.

Support: 63.30, 62.40, 61.50

Resistance: 64.66, 65.74, 66.00

What it said to watch

  • Loss of 63.30 then 62.40 reopens the 61.50 11-wk low
  • H1 close above 64.66 session high, then 65.74, eases the downtrend pressure
  • Michigan Sentiment Fri 14:00 UTC + inflation expectations could shift this read

15:02 UTC

Downtrend, corrective bounce fading · RSI 47 · price 63.848

Bounce off 11-wk low, capped below 64.66.

Silver collapsed from ~69 to an 11-week low of 61.50 this week as hawkish-Fed repricing broke the 200-DMA, then staged a corrective bounce to 65.74 helped by soft core PPI and US-Iran ceasefire headlines. That rally has since faded back below EMA20 to 63.85, with the 64.66 swing high capping recent attempts. Price is now consolidating between higher lows off 61.50 and lower highs into the mid-64s.

Support: 63.30, 62.40, 61.50

Resistance: 64.66, 65.74, 66.00

What it said to watch

  • H1 close above 64.66 swing high reopens the path to 65.74 / 66.00
  • Failure to hold 63.30 swing low exposes 62.40 then the 61.50 wk low
  • Fri 14:00 UTC Michigan Sentiment + inflation expectations could shift this read

14:02 UTC

Downtrend, corrective bounce · RSI 51 · price 64.048

Lower highs/lows, basing off the week's low.

Silver remains in a clear H1 downtrend after sliding from near 69 to an 11-week low of 61.49 mid-week, but has staged a corrective bounce back to ~64 — a move the macro read attributes to short-covering off oversold and US-Iran ceasefire headlines, with the soft core PPI miss a marginal tailwind. Price has chopped sideways between roughly 62.6 and 64.66 through the latest sessions, now hugging EMA20 while EMA50 caps overhead. The 66.00 area and 200-DMA zone above have repeatedly absorbed rallies this week.

Support: 61.49

Resistance: 64.66, 65.27, 66.00

What it said to watch

  • Hourly close above 65.27 then 66.00 would extend the corrective phase
  • Failure to hold 61.49 opens the path toward $60
  • UoM Consumer Sentiment Fri 14:00 UTC could materially shift this read

14:02 UTC

Downtrend, corrective bounce · RSI 52 · price 64.048

Lower highs into 11-wk low, basing near 64.

Silver tagged an 11-week low at 61.49 mid-week and has since clawed back to ~64.05, recovering above EMA(20) but holding below EMA(50). The bounce has stalled around 64.50–64.66, roughly the 61.8% retracement of the drop from 65.74, with soft core PPI giving only a marginal lift; the broader leg lower from above 69 remains intact and rallies into 66.00 have been faded.

Support: 63.30, 62.64, 61.49

Resistance: 64.66, 65.74, 66.00

What it said to watch

  • Hourly close above 64.66 puts 65.74 then the 66.00 psych level in play
  • Failure to hold 63.30 reopens 62.64 and the 61.49 week low
  • UoM Michigan Sentiment Fri 14:00 UTC could shift this read

13:03 UTC

Downtrend, corrective bounce fading · RSI 44 · price 63.579

Lower highs intact, consolidating above 11-wk low.

Silver remains in a clear downtrend, having shed ~10% from $68 and bottomed at the 61.49 11-wk low before a corrective pop into the NY session. The bounce off oversold — aided by soft core PPI — stalled below the week high at 65.74 and the prior high at 64.66, with price now back under EMA20 and fading toward the 62.40 swing low. Lower highs are holding; the rebound looks like short-covering rather than a structural turn.

Support: 62.40, 61.49

Resistance: 64.66, 65.74

What it said to watch

  • H1 close above 64.66 prior high needed to extend the bounce toward 65.74
  • Failure to hold 62.40 swing low reopens the 61.49 11-wk low
  • UoM Michigan Sentiment Fri 14:00 UTC could shift this read

13:03 UTC

Downtrend, corrective bounce stalling · RSI 44 · price 63.579

Lower highs since Monday, basing above 61.50.

Silver shed roughly 10% this week from ~68 toward the 61.49 11-wk low before a corrective bounce, aided by a soft core PPI print and oversold conditions. Price now chops below EMA20 around 63.6, with 64.66 swing high and the 65.74 week high capping the rebound. Structure stays a series of lower highs into the NY session.

Support: 61.49

Resistance: 64.66, 65.74, 66.00

What it said to watch

  • Hourly close below 61.49 11-wk low reopens downside toward 60.00
  • Reclaim of 64.66 swing high then 66.00 psych needed to break lower-high sequence
  • UoM Michigan Sentiment Fri 14:00 UTC could materially shift this read

12:03 UTC

Downtrend, attempting to base · RSI 48 · price 63.74

Consolidation above the week low after a steep impulse leg lower.

Silver shed roughly 10% across the week on hawkish Fed repricing, bottoming at 61.49 before an Iran safe-haven bid lifted it back toward 64. Price has consolidated 63.3–64.7 since, pinned just under EMA20 (~64.00) with RSI cycling around the midline — the bounce so far lacks follow-through. The 64.66 prior high and 65.59 swing high cap the move while the week low at 61.49 remains the downside reference.

Support: 63.30, 61.49

Resistance: 64.00, 64.66, 65.59

What it said to watch

  • US PPI at 12:30 UTC could materially shift this read
  • H1 close above 64.66 prior high opens a path back toward 65.59 swing high
  • Loss of 61.49 week low confirms continuation of the downtrend

12:03 UTC

Downtrend, consolidating after selloff · RSI 46 · price 63.74

Lower highs into a 62.0–64.7 range.

Silver remains in a downtrend after the ~10% selloff this week, but has carved a two-day range between 62.0 and the 64.66 prior high following the rebound off the 61.50 11-week low. Price sits just below EMA20 with RSI(14) hovering near 46, reflecting balance rather than fresh momentum. The drop was driven by hawkish Fed repricing on hot NFP and in-line-but-warm CPI; US PPI is imminent and is the next catalyst.

Support: 63.30, 61.50

Resistance: 64.66, 65.74

What it said to watch

  • H1 close above 64.66 prior high opens the path to the 65.74 swing high
  • Break below 63.30 swing low re-exposes the 61.50 11-wk low
  • US PPI (12:30 UTC) could materially shift this consolidation

11:02 UTC

Downtrend, consolidating after bounce · RSI 47 · price 63.775

Lower highs into the week, basing above 61.49 low.

Silver was wrecked roughly 10% this week as hawkish Fed repricing off the hot NFP and in-line CPI drove it to an 11-week low at 61.49 before a safe-haven bounce stalled near 64. Price is now chopping between 63.30 and 64.66 with RSI(14) back near the midline, holding under both EMAs which cap the recovery. Higher lows off 61.49 have built against a falling sequence of lower highs, tightening the range below 200-day resistance at 67.25.

Support: 63.30, 61.49

Resistance: 64.66, 65.27, 67.25

What it said to watch

  • US PPI in ~1.5h (12:30 UTC) is the dominant near-term risk to this read
  • H1 close below 63.30 reopens the path toward the 61.49 week low
  • H1 close above 64.66 challenges the 65.27 prior high

11:02 UTC

Downtrend, consolidating near lows · RSI 46 · price 63.775

Lower highs and lows, now ranging 63.30-64.66.

Brutal week: silver sank from ~$72 to an 11-week low at 61.49 on hawkish Fed repricing after the NFP blowout and hot CPI, before an Iran safe-haven bid lifted it back toward $64. Price is now chopping just under a flattening EMA20 with RSI(14) cycling in the mid-40s, well below EMA50. Two attempts above 64.66 have been capped this NY session, keeping the range top intact.

Support: 63.30, 62.40, 61.50

Resistance: 64.66

What it said to watch

  • US PPI at 12:30 UTC could materially shift this read
  • H1 close below 63.30 confirms a lower-low and exposes 62.40/61.50
  • Close above 64.66 invalidates the consolidation top

10:03 UTC

Downtrend, basing after selloff · RSI 49 · price 64.115

Lower highs since 73; ranging 63-65 last day.

Silver was wrecked roughly 10% this week, sliding from 73 toward an 11-week low at 61.49 as the NFP blowout and hot CPI drove a hawkish Fed repricing. Since the flush price has carved a 63-65 range, with a safe-haven bounce stalling at 65.74 and the move now coiling around EMA20 near 64. RSI(14) has cycled back to neutral after the deeply oversold crash reading.

Support: 63.30, 61.49

Resistance: 65.74, 67.25

What it said to watch

  • US PPI in ~2.5h (12:30 UTC) could materially shift this read
  • Close above 65.74 bounce high opens the path back to the 200-dma at 67.25
  • Loss of the 63.30 range floor reopens the 61.49 week low

10:03 UTC

Downtrend, attempting to stabilise · RSI 49 · price 64.115

11-week low printed, corrective bounce stalling.

Silver was wrecked ~10% this week on hawkish Fed repricing (Friday's NFP beat, hot 4.2% CPI), bottoming at the 11-week low near 61.49 before an Iran safe-haven bounce lifted price back to ~64. The recovery is capped below the EMA50 and the 200-DMA at 67.25, with the bounce high at 65.74 marking the corrective ceiling. RSI(14) has climbed off oversold toward 50 as price consolidates a series of higher lows just below EMA20.

Support: 63.30, 61.49

Resistance: 65.74, 67.25

What it said to watch

  • US PPI in ~2.5h (12:30 UTC) is the immediate risk to this read
  • H1 close above 65.74 opens the path toward the 67.25 200-dma
  • Loss of 63.30 swing low reopens the 61.49 11-wk low

09:04 UTC

Downtrend, corrective bounce · RSI 49 · price 64.256

Lower-highs intact, basing above weekly low.

Silver collapsed ~12% across the week from $73 on hot CPI and the blowout NFP that slashed easing bets, bottoming at $61.49 before a corrective bounce back to $64. Price has reclaimed the EMA20 and is chopping in a 62–65 range, with RSI(14) recovered to mid-line, but the EMA50 overhead and the broken 200d at $67.25 cap the recovery. The bounce off the weekly low shows higher lows since yesterday's NY session, yet structure remains lower-high dominated.

Support: 63.30, 61.49

Resistance: 65.74, 67.25

What it said to watch

  • US PPI at 12:30 UTC — a hot print pressures the bounce back toward 63.30 then the 61.49 weekly low
  • H1 close below 63.30 reopens the 61.49 weekly low
  • Reclaim of 65.74 bounce high needed to challenge the downtrend

09:04 UTC

Downtrend, corrective bounce · RSI 50 · price 64.256

Consolidating above week low after sharp decline.

Silver collapsed over 12% this week from above 73 to a 61.49 week low after the hot CPI print and last Friday's blowout NFP cemented higher-for-longer Fed pricing. Price has since bounced into a 63.30–65.27 range and is chopping just above EMA(20) with RSI(14) back near 50, but it remains capped well under EMA(50). The corrective lift lacks follow-through and the broader structure stays down.

Support: 63.303, 61.487

Resistance: 65.268

What it said to watch

  • US PPI at 12:30 UTC could materially shift this read
  • Loss of the 63.30 swing low reopens the 61.49 week low
  • H1 close above the 65.27 swing high needed to extend the bounce

08:03 UTC

Downtrend, corrective bounce underway · RSI 54 · price 64.482

Lower highs, bounce off week low.

Brutal week: a blowout NFP and hot CPI drove an ~8-10% collapse from $73, with a clean break below the 200-day SMA into a $61.49 week low. Price has since clawed back above EMA(20) toward $64.48 on a series of higher lows, but EMA(50) overhead and the $65.00 psych level still cap the corrective bounce. RSI(14) carved a higher low against the deeper price low, hinting at fading downside momentum within the intact downtrend.

Support: 63.37, 61.49

Resistance: 65.00, 65.74

What it said to watch

  • Reclaim above 65.00 then the 65.74 swing high would extend the bounce and test the broader downtrend
  • Failure to hold the 63.37 2mo pivot reopens the 61.49 week low
  • US PPI at 12:30 UTC could materially shift this read

08:03 UTC

Downtrend, bouncing off lows · RSI 49 · price 64.482

Lower highs intact, basing near two-month low.

Brutal week: silver collapsed from ~73 after Friday's blowout NFP and in-line-but-hot CPI cemented hawkish Fed repricing, slicing through the 200-day SMA at 67.25 and printing a two-month low near 61.49 in the NY session. Price has since clawed back above EMA(20) toward 64.50, with RSI(14) lifting off oversold as the higher lows since the 61.49 print suggest near-term stabilisation. The broader structure stays a downtrend below the 65.00 round number and the 65.74 swing high.

Support: 63.37, 61.49

Resistance: 65.00, 65.74, 67.25

What it said to watch

  • PPI at 12:30 UTC could materially shift this read into the FOMC
  • Close below 63.37 reopens the 61.49 week low
  • Reclaim of 65.00 would challenge the run of lower highs

07:03 UTC

Downtrend, attempting to stabilise · RSI 47 · price 64.115

Sharp decline off the week high, basing above the two-month low.

Silver collapsed roughly 12% this week from the 73.48 high after Friday's blowout NFP and an in-line-but-hot CPI cemented hawkish-Fed repricing, breaking the 200-day region and bottoming near 61.49. Price has since carved out a base, twice defending the 63.27 swing-low zone and reclaiming a flattening EMA(20) around 64.0, with RSI(14) recovering off oversold to mid-40s. The 64.95 swing high caps the bounce so far.

Support: 63.27, 61.49

Resistance: 64.95, 65.74

What it said to watch

  • US PPI at 12:30 UTC could materially shift this read — a hot print keeps pressure toward the 61.49 week low
  • Hourly close above 64.95 swing high opens the path back toward 65.74 prior high
  • Loss of the 63.27 swing low re-exposes the 61.49 week low

07:02 UTC

Downtrend, bounce stalling · RSI 46 · price 64.115

Lower highs/lows, consolidating off week low.

Silver remains in a steep H1 downtrend after Friday's NFP-driven collapse from ~$73 and the subsequent break under $65, with the in-line-but-hot CPI yesterday reinforcing hawkish-Fed repricing. Price carved a week low at 61.49 and has since bounced into a 63.30–64.30 consolidation, but it's still trading under EMA20 and well below EMA50. The 65.00 psych area has capped the relief attempt and remains the line between continuation and a deeper recovery.

Support: 63.30, 61.49

Resistance: 65.00

What it said to watch

  • US PPI at 12:30 UTC could materially shift this read
  • Close above 65.00 / EMA20 reclaim eases the downside pressure
  • Failure of 63.30 week pivot reopens the 61.49 week low
  • Break below 61.49 exposes the YTD low near 61.02

06:02 UTC

Downtrend, attempting to stabilise · RSI 46 · price 63.82

Lower highs and lower lows, basing above week low.

Silver has been in freefall all week, sliding from $73 to a two-month low of $61.49 after Friday's hot NFP and sticky CPI fuelled Fed-hike pricing. Price is now basing in the low $63s below EMA(20) and EMA(50), with this week's recovery off $61.49 carving a mild bullish RSI divergence but still capped under $65. The $63.37 pivot remains the immediate battleground heading into the US PPI print.

Support: 63.37, 61.49

Resistance: 65.00

What it said to watch

  • US PPI at 12:30 UTC could materially shift this read
  • Hourly close below 63.37 reopens 61.49 and the $60 zone
  • Reclaim of 65.00 would challenge the lower-high structure

06:02 UTC

Downtrend, momentum slowing after bounce · RSI 45 · price 63.82

Lower highs and lower lows, basing above 2-month low.

Silver has been in freefall all week, sliding from the $73 area to a two-month low at 63.37 as hot CPI (4.2%) and a blowout NFP cemented higher-for-longer Fed pricing. Price broke 65 into the European session and tagged 61.49 before buyers stepped in, with the metal now consolidating near 63.80 below both EMA(20) and EMA(50). The bounce off 61.49 against a higher RSI low hints at a slowdown in downside momentum, but structure stays firmly lower.

Support: 63.37, 61.49, 61.00

Resistance: 64.95

What it said to watch

  • US PPI + jobless claims at 12:30 UTC could materially shift this read
  • H1 close below 63.37 reopens 61.49 then the 61.00 area
  • Reclaim of 64.95 would challenge the lower-highs sequence

05:04 UTC

Downtrend, bouncing off lows · RSI 45 · price 63.859

Lower highs and lower lows, relief bounce in play.

Silver remains in a steep H1 downtrend, having shed roughly 13% from the $73 area as hot CPI (4.2%) and the blowout NFP fuelled Fed-hike pricing and dragged price below the 200-day region. The selloff pushed to a fresh week low at 61.49 before a relief bounce reclaimed the 63s, but price still trades below a flattening EMda20 near 64.0 with RSI recovering off oversold. The 63.37 two-month pivot is back in play as the immediate battleground.

Support: 63.37, 61.49, 61.01

Resistance: 64.05, 64.68

What it said to watch

  • US PPI at 12:30 UTC could materially shift this read
  • H1 close below 63.37 reopens the path to 61.49 then 61.01
  • Reclaim of the EMda20 near 64.05 and 64.68 session high would extend the bounce
  • Failure to hold 63.37 confirms continuation of lower lows

05:03 UTC

Downtrend, momentum slowing · RSI 43 · price 63.859

Lower highs, lower lows; bounce off two-month low.

Silver remains in freefall this week, shedding roughly 13% from the $73 area after Friday's blowout NFP and sticky 4.2% CPI cemented Fed-hike pricing; the breakdown accelerated through the 200-day region into a two-month low of 61.49. Price swept below 62 in the prior session then recovered toward 64.48, but the bounce is stalling under descending lower highs with RSI(14) still sub-50. The 2-mo low pivot near 63.45 is the immediate floor being tested.

Support: 63.45, 62.00, 61.49

Resistance: 64.48

What it said to watch

  • US PPI at 12:30 UTC could materially shift this read; a hot print pressures the 63.45 pivot toward 61.49
  • Clean H1 close below 63.45 opens the 62.00 round number and the 61.49 week low
  • Reclaim of the 64.48 swing high would challenge the descending lower-highs line

04:03 UTC

Downtrend, momentum extended · RSI 41 · price 63.56

Lower highs and lower lows, bouncing off week low.

Silver remains in a brutal H1 downtrend, shedding roughly 13% from $73 as the blowout NFP and sticky 4.2% CPI fuelled Fed-hike pricing and dragged price well below its descending EMAs. The break of the $63.37 two-month low extended into a 61.49 week low before a relief bounce stalled near 64.48; RSI(14) sits around 41 after working out of oversold. The 65.00 psych level continues to cap each recovery attempt.

Support: 61.49, 61.01

Resistance: 64.48, 65.00

What it said to watch

  • H1 close below 61.49 opens 61.01 and 60.00
  • Reclaim of 65.00 needed to ease the downtrend read
  • US PPI at 12:30 UTC could materially shift this read

04:02 UTC

Downtrend, oversold bounce · RSI 44 · price 63.56

Lower highs, lower lows; bouncing off 2-month low.

Silver remains in a steep downtrend, having shed roughly 13% from $73 toward the $63.37 two-month low after Friday's blowout NFP and yesterday's sticky 4.2% CPI cemented hawkish-Fed pricing. Price sits below both EMA(20) and EMA(50), and an oversold bounce off the $61.49 week low has stalled near $64.48 with rejection back under the descending lower-highs. RSI(14) has lifted off its lows but stays sub-50, consistent with a corrective bounce rather than a structural turn.

Support: 63.37, 61.49, 60.00

Resistance: 64.48

What it said to watch

  • H1 close below 63.37 reopens the 61.49 week low then 60.00
  • Reclaim of 65.00 would relieve near-term downside pressure toward EMAs
  • US PPI at 12:30 UTC could materially shift this read

03:03 UTC

Downtrend, deeply extended · RSI 43 · price 63.362

Lower highs, lower lows since Monday.

Silver has collapsed from ~73.80 at Monday's open toward 61.49 this week, the slide accelerating after Friday's blowout NFP and a sticky 4.2% CPI fed hawkish-Fed bets. Price broke and stayed below the 200-day EMA near 67.79, and the bounce off 61.49 into the NY session has stalled below 64.48, keeping the lower-high structure intact. RSI(14) sits in the low-40s after lifting off oversold.

Support: 61.49, 61.01, 60.00

Resistance: 64.48, 67.79

What it said to watch

  • H1 close below 61.49 exposes 61.01 then 60.00
  • Reclaim of 67.79 would neutralise the bearish structure
  • PPI Thu 12:30 GMT could materially shift this read

03:03 UTC

Downtrend, momentum extended · RSI 42 · price 63.362

Lower highs, lower lows since Monday.

Silver has been in freefall all week, collapsing from ~73 toward a fresh week low at 61.49 after Friday's hot NFP and this week's sticky 4.2% CPI fed Fed-hike pricing and a firmer USD. The latest bounce into the NY session stalled at the 64.48 swing high and was sold back below 63.45, keeping price pinned under both EMAs. RSI(14) sits in the low 40s — pressured but not yet washed out after the rebound off the lows.

Support: 61.487, 61.01, 60.00

What it said to watch

  • Break below 61.49 week low exposes 61.01 then the 60.00 psych level
  • Reclaim of the 64.48 swing high needed to ease downside pressure
  • US PPI today 12:30 GMT could materially shift this read

02:02 UTC

Downtrend, bounce underway · RSI 42 · price 63.982

Lower highs, lower lows; reaction off week low.

Brutal week for silver — a near one-directional collapse from ~$73 to a $61.49 low after Friday's blowout NFP and the in-line 4.2% CPI cemented hawkish-Fed pricing, with the break below the 200-day average near $67.79 the key trigger. Price bounced into the NY session off $61.49 to $64.48 before stalling back below $64, holding under EMA(20) the entire week. RSI(14) has lifted off oversold but the broader structure remains a stack of lower highs and lower lows.

Support: 63.45, 61.49, 60.00

Resistance: 64.48, 65.00

What it said to watch

  • H1 close below 63.45 support exposes the 61.01-60.00 zone
  • Reclaim of 65.00 psych and the descending highs needed to neutralize the downtrend
  • PPI Thu 12:30 GMT could materially extend or relieve this read

01:03 UTC

Downtrend, momentum extended · RSI 36 · price 63.734

Lower highs, lower lows; bounce off session low.

Silver remains in freefall, down sharply through the week after Friday's blowout NFP and sticky CPI rebuilt Fed-hike bets; the break under the 200-DMA near 67.79 set up the latest leg into the low-60s. Price swept the week low at 61.49 in the Asia session before snapping back above 63.50, with RSI(14) oversold and trying to lift off extremes. Both EMAs sit overhead and prior bounces have been faded into the descending averages.

Support: 61.49, 60.00

Resistance: 64.95, 67.79

What it said to watch

  • Loss of 61.49 exposes the 60.00 psych zone
  • Reclaim of 65.00 needed to challenge the descending highs
  • US PPI today 12:30 GMT could extend or relieve the down move

01:03 UTC

Downtrend, momentum extended · RSI 34 · price 63.734

Lower highs, lower lows; fresh week low.

Silver has fallen relentlessly since Monday's open, sliding from ~73.9 to a fresh week low at 61.49 in the NY session after the in-line CPI kept hawkish Fed bets intact. Price sits well below EMA20 and EMA50 with every bounce into the descending averages being sold; the in-session recovery to 64.0 again faded. Near-term support at 63.45 is the line in the sand, with the broken 200-EMA near 67.79 capping any relief.

Support: 63.45, 61.49, 60.00

Resistance: 65.74, 67.79

What it said to watch

  • H1 close below 63.45 exposes 61.49 then the 60.00 round number
  • Reclaim of 65.74 needed to challenge the descending resistance line
  • PPI today 12:30 GMT could materially extend or unwind this read
  • Sustained move back above 67.79 would neutralise the bearish structure

00:03 UTC

Downtrend, momentum heavy · RSI 32 · price 62.433

Successive lower highs and lower lows.

Silver remains in freefall on the H1, extending from $74 at the start of the window to a fresh low at 61.49 as Friday's NFP beat and this week's sticky CPI fuelled Fed-hike pricing and a firmer dollar. The break below the 200-day reference near $67.79 has driven one-directional selling, with every bounce — including the shallow recovery toward $65 on Middle East headlines — sold into the descending averages. Price sits well below EMA(20) and EMA(50) with RSI cycling in the low-30s.

Support: 61.01, 60.00

Resistance: 63.45

What it said to watch

  • Close below 61.01 exposes the 60.00 psych level
  • Reclaim of 63.45 prior support needed to ease the downside pressure
  • US PPI Thu 12:30 GMT — a hot core print could press support further

00:02 UTC

Downtrend, momentum strong · RSI 27 · price 62.433

Lower highs and lower lows, one-directional.

Silver remains in freefall, extending a brutal week from ~74 toward 62 after Friday's hot NFP and this week's sticky CPI drove Fed-hike pricing. The 63.45-63.50 prior support broke into the NY session and is now capping, with price pressing fresh lows near 61.49 and RSI(14) deep in oversold territory. Every bounce into descending averages has been faded — the 200-day EMA near 67.79 is far overhead.

Support: 61.487, 61.01, 60.00

Resistance: 63.50, 67.79

What it said to watch

  • Break of 61.01 opens the 60.00 psych zone
  • Reclaim of 63.50 needed to ease downside pressure
  • PPI Thu 12:30 GMT could materially shift this read

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