XAG/USD AI Live Scan, 15-minute chart, Monday, 12 October 2026
Every read JAFX AI made on the XAG/USD 15-minute chart that day, newest first: trend, structure, the levels it marked and what it said to watch.
23:47 UTC
Downtrend, flattening into a base · RSI 54 · price 60.273
Lower highs from 61.435 into 60.12–60.37 consolidation.
Monday's decline from the 61.435 Asia high ran through London and NY to a 60.123 day low as the Riyadh attacks lifted oil and yield pressure. Early Tuesday Asia is compressing in a 60.12–60.37 band. The Asia low at 60.157 held above the day low and drew a sharp bounce to the 60.37 session high, with RSI(14) neutral near 54.
Support: 60.157, 60.123
Resistance: 60.37, 60.433, 60.512
What it said to watch
M15 close below the 60.123 day low resumes the lower-low chain toward psych 60
Close above the 60.37 session high and the 60.433 fib 23.6% opens the 60.512 lower high
Fed's Waller Tue 07:45 UTC and Wed CPI could break the consolidation
Lower highs from 61.435; 60.12–60.33 base with early-Asia higher low.
Monday's slide from the 61.435 Asia high bottomed at the 60.123 day low late in NY as the firm dollar and oil-led yield pressure weighed. Early Asia built a 60.157 higher low and popped to 60.37, testing EMA50 but still under the 60.43 23.6% fib and the 60.51 lower high.
Support: 60.157, 60.123, 60.00
Resistance: 60.433, 60.512, 60.624
What it said to watch
A close above 60.43 (23.6% fib) and the 60.51 lower high breaks the lower-high sequence and exposes the 60.62 38.2% fib.
A move back through the 60.157 higher low reopens the 60.123 day low, with the 60.00 psych pivot below it.
Fed's Waller Tue 07:45 UTC ahead of Wed CPI could materially shift this read.
23:17 UTC
Downtrend, grinding near lows · RSI 44 · price 60.167
Lower highs from 61.435 Asia high; new Asia session capped at 60.334.
Silver has printed lower highs since the 61.435 Asia high, with London breaking the Asian range and NY grinding to a 60.123 Monday low as oil-led yield and USD strength weighed. The new Asia session met rejection at 60.334 and price is back near the lows. RSI(14) sits in the mid-40s and price is below both EMAs.
Support: 60.123, 60.00
Resistance: 60.334, 60.512
What it said to watch
A break of the 60.123 Monday low exposes the 60.00 psych 60 pivot
A close above the 60.334 session high and the descending trendline from the 60.512 lower high would break the lower-high sequence
Fed's Waller Tue 07:45 UTC and US CPI Wed 12:30 UTC could materially shift this read
Lower highs from 61.435; tight early-Asia range 60.25–60.33.
Monday's slide from the 61.435 Asia high ran through London and NY as Riyadh-driven oil and yield pressure weighed on silver, printing a day low at 60.123 late in NY. Early Asia is holding a narrow 60.25–60.33 range under the 60.334 Asia high, price pinned to EMA20 and RSI(14) neutral near 54.
Support: 60.123, 60.00
Resistance: 60.334, 60.433, 60.512
What it said to watch
M15 close above the 60.334 Asia high and the lower-highs trendline opens the 23.6% fib at 60.433, then the 60.512 swing high
Failure to hold the 60.123 day low extends the lower-low chain toward the 60.00 psych level
Fed's Waller Tue 07:45 UTC and Wed CPI could materially shift this read
22:47 UTC
Downtrend, basing in early Asia · RSI 54 · price 60.284
Lower highs from 61.435, tight 60.12–60.33 band.
Silver slid from the 61.435 Asian high through London and NY in a lower-high sequence, bottoming at the 60.123 NY low as oil-driven yield and USD strength weighed after the Riyadh attacks. The new Asia session is printing rising lows in a 60.12–60.33 band. RSI(14) is neutral near 54, with price above EMA20 but below EMA50.
Support: 60.123, 60.00
Resistance: 60.334, 60.512, 60.739
What it said to watch
M15 close below the 60.123 ny low resumes the lower-low chain and brings 60.00 psych into view
Loss of the rising lows near 60.28 returns focus to the ny low
Close above the 60.334 session high opens the fib 50% at 60.43 and the 60.512 lower high; above the 60.739 swing high the lower-high sequence breaks
Fed's Waller (Tue 07:45 UTC) and Wed US CPI could materially shift this read
Lower highs from 61.435 Asia high, flat base 60.12–60.33 in early Asia.
Silver bled from the 61.435 Asia high through London and NY. Firmer oil and Hammack's hawkish remarks lifted the dollar, and the selling ended at a 60.123 session low that held twice late in NY. Early Asia is drifting at 60.31, still below the 60.43 lower high (near the 50% retrace) and the 61.8% fib at 60.504, with the 60.739 swing high capping the move.
Support: 60.123, 60.00
Resistance: 60.43, 60.504, 60.739
What it said to watch
M15 close above the 60.43 lower high breaks the lower-high chain and opens the 61.8% fib at 60.504
Failure to hold the 60.123 session low exposes the 60.00 psych level
Reclaim of the 60.739 swing high would invalidate the intraday downtrend read
Fed's Waller (Tue 07:45 UTC) around London open could reset the Asian range
Oil and Middle East headlines remain the main swing factor in thin Asia trade
22:17 UTC
Downtrend, pausing near lows · RSI 53 · price 60.284
Lower highs from 61.435, basing above 60.123.
Monday's ceasefire spike to 61.435 in Asia was sold through London and NY as Riyadh headlines lifted oil and yields and Hammack's remarks firmed hike bets, carving lower highs down to a 60.123 Monday low late NY. Early Asia is drifting just above EMA20 with RSI(14) near 53, capped so far by a 60.334 asia high. The lower high at 60.512 sits below the 38.2% fib of the Asia high-low move near 60.62.
Support: 60.123, 60.00
Resistance: 60.334, 60.512
What it said to watch
M15 close above the 60.512 lower high breaks the NY lower-high chain
Loss of the 60.123 monday low exposes the 60.00 psych pivot
Waller Tue 07:45 UTC and Wed CPI build-up could materially shift this read
22:04 UTC
Downtrend, basing late NY · RSI 57 · price 60.294
Lower highs from 61.435 Asia high; late-session base 60.12–60.32.
Silver gave back the Asia push to 61.435 and broke the Asian range lower in London. Firmer oil and hawkish Hammack remarks lifted the dollar and extended the slide in NY to a 60.123 session low. Late NY has based between 60.12 and 60.32, and price is now pressing the 60.316 lower high with RSI(14) near 57 and EMA20 reclaimed.
Support: 60.202, 60.123, 60.00
Resistance: 60.316, 60.43
What it said to watch
M15 close above the 60.316 lower high breaks the NY lower-high chain, with fib 50% of the NY leg at 60.43 next overhead
Loss of the 60.202 prior lows and then the 60.123 session low resumes the downtrend toward the 60.00 psych pivot
Thin Asia liquidity, then Fed's Waller (Tue 07:45 UTC), could shift this read; Wed CPI is the larger risk
Lower highs from the Asia peak; Asian range broken lower, bouncing off the session low.
Silver faded the Asia spike to 61.435 all day. It broke the Asian range low at 60.726 in London and printed a 60.123 session low in NY as oil-driven USD demand and hawkish Hammack remarks weighed. A thin late-NY bounce has the close at 60.294 pressing the 60.316 swing high, with RSI(14) near 57.
Support: 60.202, 60.123, 60.00
Resistance: 60.316, 60.512, 60.624
What it said to watch
M15 close above the 60.316 swing high breaks the NY lower-high sequence and puts the 60.512 lower high and fib 38.2 at 60.624 in view
Failure back through the 60.20 base and the 60.123 session low extends the lower-low chain toward the 60.00 psych level
Waller Tue 07:45 UTC and oil/Middle East headlines in the Asia session could shift this read ahead of Wed CPI
Lower highs from Asia high, late-NY compression above session low.
Silver ran to a 61.435 Asia high on the ceasefire-driven drop in oil and yields. It then sold through London on the Riyadh attacks, and NY extended the lower-high chain to a 60.123 session low as Hammack and a firm USD weighed. Late NY is compressing in a 60.12–60.31 band, with the closing bar pressing the 60.306 lower high above EMA20 but still under EMA50 and the fib 23.6%.
Support: 60.123
Resistance: 60.306, 60.463, 60.739
What it said to watch
M15 close above the 60.306 lower high breaks the lower-high chain and opens the 60.43–60.46 area (old london low, fib 23.6%)
Failure at the 60.123 session low exposes the $60 psych pivot
London high at 60.739 caps any recovery and sits near fib 38.2%/50%
Waller Tue 07:45 UTC and US CPI Wed 12:30 UTC could materially shift this read
21:17 UTC
Downtrend, late-NY pause · RSI 57 · price 60.294
Lower highs from 61.435 Asia high, base forming above 60.12.
Silver peaked at 61.435 in the Asia session on the Russia-Ukraine ceasefire, then sold off through London and NY. Riyadh attack headlines lifted oil, and Hammack's hawkish remarks drove it to a 60.123 session low. Late NY has gone quiet, with price pressing the 60.31 lower high and back above EMA20 but still under EMA50.
Support: 60.123, 60.00
Resistance: 60.306, 60.512
What it said to watch
M15 close above the 60.31 lower high breaks the descending sequence and exposes the 60.43 fib 23.6% and the 60.51 swing high
Loss of the 60.12 session low resumes the lower-low chain toward the 60.00 psych pivot
Fed's Waller (Tue 07:45 UTC) during London could reset this read ahead of Wed CPI
21:06 UTC
Downtrend, stalling into a late-day base · RSI 57 · price 60.294
Lower highs and lower lows from 61.435 Asia high, now basing 60.12–60.36.
Monday topped at 61.435 in Asia. London broke the Asian low at 60.726, and NY extended to a 60.123 session low as an oil-driven USD bid and Hammack's hawkish remarks weighed. Since then price has based between 60.12 and the 60.357 swing high, which aligns with the 38.2% of the NY drop fib, and is edging up in thin post-NY trade.
Support: 60.123, 60.00
Resistance: 60.357, 60.463
What it said to watch
M15 close above the 60.357 swing high breaks the late-day lower-high cap and opens the broken london low at 60.463
Failure at the 60.123 session low resumes the lower-low sequence toward the 60.00 psych pivot
Fed's Waller (Tue 07:45 UTC) during the London open could reset this read ahead of Wed CPI
20:48 UTC
Intraday downtrend, momentum fading into late NY · RSI 44 · price 60.233
Lower highs from the Asia high; late-NY base 60.12–60.32.
Silver faded its Asia spike to 61.435, then broke the Asian range low at 60.726 in London as the Riyadh attacks revived oil risk. NY extended the slide to a 60.123 session low as the dollar firmed and Hammack's hawkish remarks lifted hike bets. Late NY is basing in a tight band under the 60.316 base top, with RSI(14) at 44 and price pinned just below EMA20 near 60.25.
Support: 60.123, 60.00
Resistance: 60.316, 60.463
What it said to watch
M15 close above the 60.316 base top opens a retrace toward the 60.433 23.6% fib and the 60.463 london low
Failure to hold the 60.123 session low exposes the 60.00 round number
Waller (Tue 07:45 UTC) and Wednesday's US CPI could materially shift this read
20:33 UTC
Downtrend, stalling near lows · RSI 46 · price 60.247
Lower highs from London through NY; late-session compression above 60.12.
The Asian range of 60.73–61.44 gave way after London open. Hawkish Hammack remarks and firmer oil then extended the lower-high chain through NY to a 60.123 session low. Late trade is compressing between 60.12 and 60.31 on thin volume, with price edging above the descending trendline and EMA20; RSI(14) is near 46.
Support: 60.123, 60.00
Resistance: 60.306, 60.463
What it said to watch
An M15 close back below the 60.123 session low exposes the 60.00 psych level
A close through the 60.306 swing high breaks the lower-high chain; the 60.463 london low (~23.6% fib of the 61.44–60.12 drop) sits above
Failure to hold above the descending trendline keeps the NY lower-high sequence intact
Waller (Tue 07:45 UTC) and US CPI (Wed 12:30 UTC) could materially shift this read
Lower highs and lower lows from the 61.435 Asia high, compressing above 60.12.
Silver has stair-stepped lower from the 61.435 Asia high through London and NY as oil-driven USD demand and Hammack's hawkish remarks weighed, printing a session low at 60.123 late in NY. Price is now pressing the descending trendline off the 60.512 swing high with RSI(14) flat near 46, while the 60.306 lower high caps the late-NY consolidation.
Support: 60.123, 60.00
Resistance: 60.306, 60.512, 60.624
What it said to watch
M15 close above the 60.306 lower high breaks the lower-high chain and clears the trendline
Loss of the 60.123 session low exposes the 60.00 psych pivot
Recovery through the 60.512 swing high opens the fib 38.2 at 60.624
Waller Tue 07:45 UTC and Wed CPI could materially shift this read
Lower highs and lower lows since the Asia spike high, compressing above the session low.
The Asia ceasefire spike to 61.435 faded, and London and NY sessions carved a steady lower-high/lower-low chain as Riyadh attacks revived oil and yield pressure. The slide has slowed into a tight late-NY drift between the 60.12 session low and the 60.31 lower high, capped by a descending trendline, with RSI(14) near 38 and well clear of oversold.
Support: 60.123, 60.00
Resistance: 60.306, 60.463
What it said to watch
A close below the 60.00 psych level extends the lower-low sequence into fresh territory
A close above the 60.31 lower high and the descending trendline breaks the intraday chain
Reclaiming the 60.46 London low would neutralise the NY-session downtrend
Fed's Waller (Tue 07:45 UTC) could shift the hike-odds and yield backdrop ahead of Wed CPI
19:32 UTC
Downtrend, grinding lower into late NY · RSI 40 · price 60.152
Lower highs since London; Asian range low broken, compressing above session low.
Silver broke the Asian range low near 60.73 early in London as Middle East escalation lifted oil and the dollar. Price has ground lower through NY on a descending line of lower highs to a 60.123 session low. Late-NY bars are compressing just above that low, with RSI(14) near 40 and no oversold extreme.
Support: 60.123
Resistance: 60.306, 60.512
What it said to watch
M15 close above the 60.306 lower high and the descending line breaks the lower-high sequence, with the 60.512 bounce high next overhead
Failure to hold the 60.123 session low puts the psych 60 pivot in play; a break below it opens fresh two-month-low territory
Thin Asia session open, then Waller Tue 07:45 UTC, could shift this read ahead of Wed CPI
19:20 UTC
Downtrend, grinding lower into late NY · RSI 39 · price 60.152
Lower highs and lower lows since the London break of the Asian range low.
Silver broke the Asian range low near 60.73 in London. It has stepped lower through NY along a descending trendline of lower highs, with oil-driven Middle East risk keeping yields and USD firm. Price is now pressing the 60.123 session low just above the 60.00 psych, and RSI(14) at ~39 shows no oversold extreme as late-NY bars compress.
Support: 60.123, 60.00
Resistance: 60.306, 60.463
What it said to watch
M15 close below the 60.00 psych extends the lower-low sequence
Close above the 60.306 lower high breaks the descending trendline
Reclaim of the 60.463 london low would neutralise the NY leg; the 38.2% retracement of the Asian high selloff sits near 60.62
Fed's Waller (Tue 07:45 UTC) and oil/Middle East headlines could materially shift this read ahead of Wed CPI
Lower highs since London open, compressing above 60.14 session low.
London broke below the Asian range low near 60.73, and NY extended the grind to a 60.14 session low in holiday-thinned trade as firmer oil and a bid USD weighed. Lower highs remain capped by the descending trendline, but bar ranges are compressing above the 60.00 psych level. RSI(14) is near 39 and not oversold.
Support: 60.143, 60.00
Resistance: 60.306, 60.43
What it said to watch
M15 close above the 60.31 lower high and descending trendline breaks the lower-high chain, with the 60.43 ny pivot next
Failure to hold the 60.14 session low exposes the 60.00 psych level
Waller Tue 07:45 UTC and Middle East/oil headlines could shift this read; Wed CPI 12:30 UTC is the larger event risk
Lower highs from Asian high, compressing above 60.16.
Silver has slid from the 61.435 Asian high through London and NY as Riyadh attack headlines lifted oil and the dollar. Each bounce has printed a lower high along the trendline, and price is now compressing between the 60.156 session low and the 60.32 lower high, just above the 60.00 psych level. RSI(14) near 39 is not stretched, and the 38.2% fib retrace of the Asian-high sell-off sits up at 60.65.
Support: 60.156, 60.00
Resistance: 60.32, 60.463
What it said to watch
M15 close above the 60.32 lower high and the trendline breaks the lower-high sequence and puts the 60.463 london low in view
Failure to hold the 60.156 session low exposes the 60.00 psych level
Fed's Waller Tue 07:45 UTC and Wed 12:30 UTC CPI could materially shift this read
Lower highs from the 61.435 Asian high; late-NY box 60.16–60.32.
Silver has printed lower highs all day from the 61.435 Asian high. The NY session extended the slide to a 60.158 session low as USD firmed on Middle East and oil risk. Price is now compressing in a 60.16–60.32 box under the falling trendline, with RSI(14) near 39 and the $60 psych level just below.
Support: 60.158, 60.00
Resistance: 60.316, 60.463, 60.646
What it said to watch
M15 close above the 60.316 range top and the falling trendline (~60.33) breaks the lower-high chain; 60.463 london low is next overhead
Recovery stalling under the 60.646 fib 38.2 keeps the downtrend read intact
Break of the 60.158 session low exposes the 60.00 psych level
Fed's Waller (Tue 07:45 UTC) could move this; US CPI Wed 12:30 UTC is the larger structural risk
18:17 UTC
Downtrend, compressing near lows · RSI 42 · price 60.272
Lower highs from 61.435 Asian high; late-NY base 60.16–60.32.
Silver faded from the 61.435 Asian high as Middle East oil risk revived, then printed a chain of lower highs through London and NY. It set a 60.158 session low around Hammack's remarks and is now coiling in a tight 60.16–60.32 band late in the NY session, below the 60.43 lower high and the descending trendline, with the 60.00 psych level just underneath.
Support: 60.158, 60.00
Resistance: 60.43, 60.739
What it said to watch
M15 close above 60.43 breaks the lower-high chain and the descending trendline
Failure to hold the 60.158 session low exposes the 60.00 psych level
A rebound into the 38.2% retrace of the Asian high-to-low move near 60.65 keeps the 60.739 swing high in view
Waller Tue 07:45 UTC and US CPI Wed 12:30 UTC could materially shift this read
18:03 UTC
Downtrend, grinding into late NY · RSI 41 · price 60.266
Lower highs from the 61.435 Asia high; lows compressing at 60.16–60.20.
Silver spiked to 61.435 in the Asian session on the Russia-Ukraine ceasefire news, then bled lower through London and NY as the Riyadh attacks revived oil and yield pressure. The lower high from the ny open high at 60.739 broke down into a 60.16–60.20 floor, with the session low at 60.158 holding above the $60 psych level. Thin holiday trade after London close leaves price drifting just under the falling trendline, RSI(14) near 41.
Support: 60.158
Resistance: 60.38, 60.512, 60.739
What it said to watch
M15 close below the 60.158 session low exposes the $60 psych pivot
Close above the 60.38 lower high and the falling trendline would break the lower-high chain, with the 60.512 swing high next
Fed's Waller Tue 07:45 UTC could move USD and yields ahead of Wednesday's CPI
Lower highs from the Asia peak; Asian range low broken in London, NY grinding at the session low.
Silver topped at 61.435 early in the Asia session, then lost the Asian low at 60.726 in London as Riyadh attack headlines revived oil and inflation risk. NY extended to a 60.158 session low under a lower-high trendline, with closes compressing between 60.16 and 60.38 and RSI(14) flat near 39 rather than oversold.
Support: 60.158, 60.00
Resistance: 60.38, 60.512, 60.726
What it said to watch
Close below the 60.158 session low exposes the 60.00 psych level
Close above the 60.38 lower high breaks the trendline and the lower-high chain; 60.512 bounce high is next
Back above the 60.726 Asian low negates the London range break
Waller Tue 07:45 UTC and US CPI Wed 12:30 UTC could materially shift this read
17:32 UTC
Downtrend, lower highs through NY · RSI 34 · price 60.192
Lower-high chain below a descending trendline, pressing the session low.
Silver topped at 61.435 in Asia on the ceasefire-driven dip in yields, then broke below the 60.73 Asian range low in London as the Riyadh attacks revived the oil and inflation bid. Late in the NY session, after London close, a descending trendline of lower highs has pushed price to a 60.158 session low, about 16 cents above the $60 psych level, with RSI(14) near 34 and not yet oversold.
Support: 60.158
Resistance: 60.43, 60.74
What it said to watch
M15 close above the descending trendline and the 60.43 lower high breaks the lower-high chain
Failure to hold the 60.158 session low exposes the $60 psych pivot
Recovery back above the 60.74 range top (the London-NY consolidation ceiling) negates the NY breakdown
A 23.6% retrace of the Asia high move sits near 60.46 and 38.2% near 60.65, both in the lower-high zone
Fed's Waller (Tue 07:45 UTC) and Wed US CPI are the next scheduled catalysts; oil/Middle East headlines are driving intraday swings
Lower highs since London, Asian range broken lower, basing above 60.158 session low.
Silver faded from the 61.435 Asia high and broke the Asian range low near 60.73 in London, as Riyadh attack headlines lifted oil and yields. NY extended the lower-high chain from the 60.739 swing high to a 60.158 session low, and price is now stalling just under the 60.38 lower high with RSI(14) near 34, not yet oversold.
Support: 60.158, 60.00
Resistance: 60.38, 60.517, 60.739
What it said to watch
M15 close above the 60.38 lower high breaks the lower-high chain; the fib 61.8 at 60.517 is the next cap, then the 60.739 swing high
Failure to hold the 60.158 session low exposes 60.00 psych
Waller Tue 07:45 UTC and US CPI Wed 12:30 UTC could materially shift the yield-driven read
Lower highs and lower lows from the 61.435 Asia high; flat floor near 60.20 in late NY.
Silver slid from the 61.435 Asia high as the Riyadh attacks revived oil and inflation risk. London broke the 60.726 Asian low and the London high at 60.993 capped the day, with each NY bounce failing lower at the 60.512 swing high and the 60.43 lower high. Late NY swept the 60.20 triple low to a 60.158 session low and closed back above it, with RSI(14) near 33 in thin US-holiday trade.
Support: 60.158, 60.00
Resistance: 60.43, 60.512, 60.726
What it said to watch
M15 close above the 60.43 lower high breaks the lower-high chain; above the 60.512 swing high reopens the 60.726 Asian low
Acceptance below the 60.158 session low exposes the 60.00 psych pivot
Fed's Waller (Tue 07:45 UTC) is the next scheduled risk before Wed CPI, which could materially shift this read
Silver has slid from the 61.435 Asian high and lost the 60.726 Asian low in London as Riyadh attack headlines lifted oil and the dollar. NY extended the slide to a 60.202 session low, tested three times beneath a sequence of lower highs, with RSI(14) near 29 and price below both EMAs.
Support: 60.202, 60.00
Resistance: 60.43, 60.726
What it said to watch
M15 close below the 60.202 session low exposes the 60.000 psych level
Recovery above the 60.43 lower high breaks the lower-highs sequence; the 60.726 Asian low sits above as the next cap
Fed's Hammack at 16:50 UTC could materially shift this read; US CPI Wed 12:30 UTC is the larger event risk
Lower highs from the Asian high, base forming at 60.20.
Silver has bled steadily from the 61.435 Asian high set on the ceasefire headlines. Middle East risk and a firm USD drove a chain of lower highs through London and NY. The 60.202 session low has been tested twice in NY with RSI(14) near 36, not at an extreme, and price is pinned under the 60.43 minor high in thin US-holiday liquidity.
Support: 60.202, 60.00
Resistance: 60.43, 60.512, 60.739
What it said to watch
Close above 60.512 lower high breaks the lower-high chain and the trendline
Clean break of the 60.202 session low exposes 60.00 psych
Recovery through the 60.739 swing high, near the 38.2% fib at 60.67, invalidates the intraday downtrend read
Fed's Hammack at 16:50 UTC could jolt yields and USD in thin holiday trade
Lower-high chain since London open; equal lows at 60.202.
London broke below the Asian low at 60.726 and then Friday's low at 60.635, with lower highs every leg as Riyadh attack headlines lifted oil and firmed the USD. In NY hours the session low at 60.202 has held twice. RSI(14) is near 37, not oversold, and the descending trendline from 60.61 caps price below the 60.43 lower high, with the 38.2% retrace of the London drop near 60.50.
Support: 60.202, 60.00
Resistance: 60.43, 60.635
What it said to watch
M15 close below the 60.202 session low extends the lower-low sequence toward the 60.00 psych level
M15 close above the 60.43 lower high and the descending trendline breaks the intraday down-structure; the 38.2% retrace near 60.50 and Friday's low at 60.635 sit above
Fed's Hammack at 16:50 UTC could move yields and the USD, and US holiday liquidity is thin
LH/LL chain from 61.435 Asia high; double test of 60.202 session low.
The Asia spike to 61.435 faded all session. London broke the Asian low near 60.73 as the Riyadh airport attack revived oil-inflation fears and the USD firmed, and NY extended the leg to a 60.202 session low, now tested twice. RSI(14) near 29 sits under a falling trendline of lower highs, with price about 20 cents above the $60 psych pivot in thin holiday liquidity.
Support: 60.202
Resistance: 60.43, 60.73
What it said to watch
Close below the 60.202 session low extends the lower-low chain toward the $60 psych pivot
Close above the 60.43 lower high and the falling trendline breaks the intraday LH sequence
Reclaim of the 60.73 asian low (near fib 38.2%) negates the range break
Fed's Hammack at 16:50 UTC could jolt yields and silver in thin liquidity
Asian range broken lower in London; lower-high chain into late NY, compressing above session low.
Silver topped at 61.435 in Asia as the ceasefire knocked yields lower. London then broke the Asian low at 60.726 as the Riyadh attacks revived oil-inflation fears and a firm USD, and NY has printed a string of lower highs down to the 60.202 session low. Price is now compressing just under the 60.43 lower high in holiday-thin US trade. RSI(14) at 37 sits soft but not stretched.
Support: 60.202, 60.00
Resistance: 60.43, 60.726
What it said to watch
M15 close above the 60.43 lower high breaks the immediate lower-high chain
Failure to hold the 60.202 session low exposes the 60.00 psych pivot
Reclaim of the descending lower-high trendline and the 38.2% fib near 60.67 would neutralise the downtrend read below the 60.726 Asian low
Fed's Hammack at 16:50 UTC could materially shift this read in thin holiday liquidity
LH/LL chain from the 61.435 Asia high, NY extending lows.
Silver faded from the 61.435 Asia high, broke Friday's 60.635 low in London and extended to a 60.202 session low in NY as Riyadh-driven oil and yield worries returned. Each bounce since the 60.739 lower high has been capped beneath the falling trendline. Price sits mid-NY session in holiday-thin liquidity with RSI(14) near 34, not yet oversold.
Support: 60.202
Resistance: 60.463, 60.739
What it said to watch
M15 close back above 60.463, the broken london low, would interrupt the lower-high sequence
Loss of the 60.202 session low exposes the $60 psych pivot
Clear break above the falling trendline and the 60.739 lower high invalidates the downtrend read
Fed's Hammack at 16:50 UTC could jolt yields and silver in thin holiday trade
Lower highs and lower lows since London broke the Asian range.
London broke below the 60.726 Asian low. NY extended the lower-high/lower-low chain to a 60.202 session low as Riyadh-driven oil and inflation fears kept yields firm. Price is now basing near 60.40 with RSI(14) around 40, and the lower-high trendline is capping bounces near the 60.512 lower high.
Support: 60.202, 60.00
Resistance: 60.512, 60.726
What it said to watch
M15 close above the 60.512 lower high and the lower-high trendline breaks the LH/LL sequence
A reclaim of the 60.726 Asian low, near the 38.2% fib (~60.67) of the Asia high to session low drop, would negate the London range break
Loss of the 60.202 session low extends the sequence toward the 60.00 psych pivot
Fed's Hammack at 16:50 UTC could shift this read. US holiday liquidity is thin, which can exaggerate moves
LH/LL chain since Asian high; Asian range low broken in London, new session low in NY.
Silver has printed lower highs since the 61.435 Asian high. London broke the 60.726 Asian range low, and the NY session extended to a 60.202 session low after the 60.739 NY high rejected, as oil-driven inflation fears and a firm USD weigh in holiday-thin trade. RSI(14) near 36 is soft but not oversold, and price sits below both EMAs.
Support: 60.202, 60.00
Resistance: 60.512, 60.739
What it said to watch
M15 close above the 60.512 lower high breaks the lower-high chain; 38.2% of the London-NY decline sits at the same level
Loss of the 60.202 session low exposes the 60.00 psych pivot
Reclaiming the 60.739 NY high would negate the NY lower highs trendline
Fed's Hammack at 16:50 UTC could reprice yields and shift this read
LH/LL chain from the 61.435 Asia high; Asian range low broken; fresh sweep low at 60.202.
Silver has stepped lower all session from the 61.435 Asia high, losing the 60.73 Asian low at London open and Friday's 60.635 low as Riyadh-driven oil and inflation worries weighed. The early-NY sweep to a 60.202 session low snapped back to 60.39 in thin holiday trade, with RSI(14) near 39 and the lower highs line still capping.
Support: 60.202, 60.00
Resistance: 60.61, 60.73
What it said to watch
A close back above the 60.61 lower high and the lower highs line breaks the LH/LL chain; the 60.73 Asian low, near the 38.2% of the Asia high-session low drop (60.67), is the next lid
Acceptance below the 60.202 session low leaves the 60.00 psych pivot as the next reference
Fed's Hammack at 16:50 UTC could shift this read; US CPI Wed 12:30 UTC is the larger event risk
LH/LL chain below the broken Asian low, early-NY sweep of the 60.39 prior lows.
Silver faded from the 61.435 Asian high. London opened with a 60.993 london high and then broke the 60.73 asian low as the Riyadh attack revived oil and yield pressure. Lower highs at 60.739 and 60.61 have capped each bounce, and early NY swept the 60.39 prior lows to a 60.202 session low before closing back near 60.44 in thin US-holiday trade.
Support: 60.39, 60.202, 60.00
Resistance: 60.61, 60.73, 60.993
What it said to watch
M15 close below the 60.202 session low extends the lower-low chain toward the 60.00 psych pivot
Failure to hold the 60.39 prior lows turns the early-NY sweep into continuation
Close above the 60.61 lower high and the trendline breaks the LH sequence and puts the 60.73 asian low back in play
A reclaim of the 60.993 london high would undo the London breakdown
Fed's Hammack at 16:50 UTC could shift yields and this read
LH/LL chain since London open, pressing session low.
Silver faded the 61.435 Asian high set on the ceasefire-driven dip in yields, and London broke the 60.73 Asian low as Middle East oil risk resurfaced. Thin, US-holiday NY hours are making a series of lower highs off the 60.99 London high trendline and grinding on the 60.37 session low.
Support: 60.37, 60.00
Resistance: 60.61, 60.73, 60.99
What it said to watch
M15 close below the 60.37 session low extends the lower-low chain toward 60.00 psych
Close above the 60.61 lower high and the trendline breaks the intraday downtrend read; 60.73 Asian low is the next cap
Fed's Hammack at 16:50 UTC could move yields and this read in holiday-thin liquidity
Asia spiked to 61.435 as the Russia-Ukraine ceasefire softened oil and yields, then faded. London broke the Asian low at 60.726 after the Riyadh airport attacks revived oil and yield pressure, and lower highs off the 60.993 london high carried price to a 60.389 session low. Price is now holding 60.39–60.43 under a descending trendline near 60.63 in thin US-holiday trade, RSI(14) ~42.
Support: 60.389
Resistance: 60.685, 60.726, 60.993
What it said to watch
M15 close above the 60.685 lower high and the descending trendline breaks the lower-high chain
Reclaiming the 60.726 asian low puts price back inside the Asian range and opens the 38.2% fib near 60.79
Failure to hold the 60.389 session low extends the downtrend toward the $60 psych pivot
Fed's Hammack at 16:50 UTC could shift yields and this read; thin US-holiday liquidity can exaggerate moves
Above 60.993 london high, the 50% fib near 60.91 sits just below
13:47 UTC
Intraday downtrend, lower highs since Asia · RSI 44 · price 60.556
Lower highs and lower lows from 61.435; wicks below the London low but closes hold above it.
Silver has faded steadily from the 61.435 Asian high, with lower highs at 60.993 (London high) and 60.739. The slide tracked the oil-driven yield bid after the Riyadh airport attacks. Three wicks below the 60.463 London low into the 60.389 session low at 13:00 UTC drew closes back above it, and price is now pinned under EMA20/50 with RSI(14) near 44 on thin US-holiday trade.
Support: 60.389, 60.26, 60.00
Resistance: 60.739, 60.993, 61.435
What it said to watch
M15 close above the 60.739 lower high breaks the lower-high chain and the trendline
Acceptance below the 60.389 session low exposes the 60.26 friday low, then the 60.00 round number
Fed's Hammack at 16:50 UTC could shift the read in thin holiday liquidity
Asian high to session low fib: 38.2% sits near 60.79, below the 60.993 london high
13:32 UTC
Intraday downtrend, lower highs since Asia · RSI 44 · price 60.556
Asian range broken lower, lower highs from 61.435 into a 60.39 session low.
London broke below the 60.73 Asian low and the NY open pushed to a fresh session low at 60.39, keeping the lower-high chain from the 61.435 Asian peak intact under a falling trendline. Riyadh airport attacks revived oil-driven inflation fears and weighed on silver in thin US-holiday trade; the former asian low is now capping price.
Support: 60.389, 60.26, 60.00
Resistance: 60.73, 60.993
What it said to watch
M15 close back above 60.73 (former asian low) and the falling trendline would undercut the lower-high read
Failure to hold the 60.389 session low exposes the 60.26 friday low and the 60.00 round number
A move through the 60.993 london high, near the 50–61.8% fib zone, would break the intraday lower-high sequence
Fed's Hammack at 16:50 UTC could shift yields and this read in thin holiday conditions
Asian range broken lower; lower highs and lower lows into early NY.
London broke below the 60.73 Asian low as the Riyadh attacks revived oil-driven yield pressure. Early NY, thin on the US holiday, extended the lower-low chain to a 60.389 session low. Long lower wicks under 60.45 show demand absorbing the push, while supply has capped each bounce along the lower highs line from 61.435, with the last cap at the former asian low; RSI(14) sits neutral at 44.
Support: 60.389, 60.26, 60.00
Resistance: 60.73, 60.993, 61.173
What it said to watch
M15 close below the 60.389 session low extends the lower-low chain toward the 60.26 friday low, with the 60.00 psych pivot beneath
Reclaim of the 60.73 asian low breaks the lower highs line and puts the 38.2% retrace of the 61.435 drop (~60.79) in play
Acceptance back above the 60.993 london high would neutralise the intraday downtrend; the 61.173 friday high sits above
Fed's Hammack at 16:50 UTC and oil/Middle East headlines could materially shift this read ahead of Wednesday's CPI
Lower highs from 61.435, fresh session low at 60.425.
Silver broke below the 60.726 Asian range low in London as Riyadh attack headlines revived oil-driven inflation fears, leaving lower highs from 61.435 to the 60.993 london high and the 60.739 lower high. Early NY probed a new session low at 60.425 before a rejection wick pulled it back to 60.59. RSI(14) is near 43 and price is below both EMAs in thin US-holiday trade.
Support: 60.425, 60.00
Resistance: 60.739, 60.993
What it said to watch
M15 close above the 60.739 lower high and the lower-highs trendline breaks the descending sequence and puts the 60.993 london high back in view
Failure to hold the 60.425 session low extends the lower-low chain toward the 60.00 psych pivot
Fed's Hammack at 16:50 UTC could jolt yields and silver in holiday-thinned liquidity
12:32 UTC
Intraday downtrend, lower highs since Asia · RSI 39 · price 60.478
Lower highs from 61.435; Asian range low lost, London low under retest.
Silver has carved lower highs since the 61.435 Asian high. London broke below the Asian range low near 60.73 as the Riyadh airport attacks revived oil-driven inflation fears, and price is now back at the 60.463 London low into the London-NY transition, with the 12:00 UTC lower high at 60.739 capping. RSI(14) is near 39 and liquidity is thin with US markets on holiday.
Support: 60.463, 60.254
Resistance: 60.739, 60.993
What it said to watch
M15 close below the 60.463 london low extends the lower-low sequence toward the 60.254 friday low
Reclaim of the 60.739 lower high breaks the descending lower-highs line; the 60.993 london high is the next cap above
Fed's Hammack at 16:50 UTC could shift yields and this read in thin holiday trade
12:17 UTC
Downtrend from Asia high, stabilising · RSI 55 · price 60.682
Sub-Asian-range consolidation, higher lows off session low.
Silver faded from the 61.435 Asian high and broke the 60.73 Asian low early in the London session, hitting a 60.463 session low as the Riyadh airport attacks revived oil-driven inflation fears. Since then it has held a tight 60.46–60.74 band. A higher low at 60.53 now sits on a rising higher-low line, and price is pressing the broken Asian low near the 50% retrace of the London drop, flat on EMA20 with RSI(14) around 55.
Support: 60.53, 60.463
Resistance: 60.74, 60.993
What it said to watch
M15 close back above 60.74 (asian low) reclaims the Asian range and opens the 60.99 london high
Loss of the 60.53 higher low and the higher-low line exposes the 60.463 session low and resumes the London downtrend
Fed's Hammack at 16:50 UTC and oil/Middle East headlines could shift this read; US holiday liquidity is thin into the NY session
Asian range broken lower; tight range under the asian low.
London broke the Asian low at 60.726 as Riyadh airport attacks revived oil-driven inflation fears, printing a session low at 60.463. The bounce stalled at the 50% fib of the drop from the london high, and price is now compressing between a higher low at 60.532 and the asian low, with RSI(14) near 43 in thin US-holiday trade.
Support: 60.532, 60.463
Resistance: 60.726, 60.993
What it said to watch
M15 close back above the asian low at 60.726 and the 50% fib undoes the range break
Loss of the 60.532 higher low reopens the 60.463 session low
Lower-high trendline from the 60.993 london high caps the bounce while intact
Fed's Hammack at 16:50 UTC could shift this read via yields
11:32 UTC
Downtrend, lower highs since Asia · RSI 41 · price 60.601
Asian range broken lower in London, breakdown retest capped.
Late London: silver slipped through the Asian low near 60.73 to a 60.463 session low as Riyadh airport attacks revived oil-driven inflation fears. The bounce stalled at 60.735, the 50% retracement and the underside of the asian low. Price now sits below both EMAs with a 60.532 swing low holding and RSI(14) near 41.
Support: 60.532, 60.463, 60.00
Resistance: 60.735, 60.993
What it said to watch
M15 close back above the 60.735 asian low invalidates the breakdown-retest read
Loss of the 60.532 swing low and 60.463 session low extends the lower-low chain toward 60.00 psych
Only a reclaim of the 60.993 london high breaks the lower-highs trendline sequence
Thin NY session with US on holiday; Fed's Hammack at 16:50 UTC could jolt yields and this read
11:17 UTC
Intraday downtrend, lower highs since London open · RSI 38 · price 60.599
Asian range broken lower; lower-high chain capped below the 60.735 Asian low.
London broke the 60.73 Asian low and extended to 60.463 as Riyadh attacks revived oil-driven inflation fears. The rebound stalled at 60.735, the former Asian low and 50% retrace of the London high-to-low drop. Price is now printing lower highs below that level, with RSI(14) near 38 and short of oversold.
Support: 60.463, 60.10
Resistance: 60.735, 60.993
What it said to watch
A break of the 60.463 london low extends the lower-high sequence and opens the 60.10 friday low.
An M15 close back above 60.735 (asian low / 50% retrace) breaks the lower-high trendline and neutralises the read, with the 60.993 london high next above.
Fed's Hammack speaks at 16:50 UTC; thin US-holiday liquidity can exaggerate the reaction.
11:04 UTC
Intraday downtrend, lower highs since the Asian high · RSI 37 · price 60.60
London break below the Asian range, now consolidating beneath it.
Silver faded from the 61.435 Asian high on a lower-highs line. London then broke the Asian low near 60.73 and ran to 60.463 as Riyadh-attack headlines revived oil and yield pressure. The bounce has twice stalled at the broken asian low, leaving price compressed between the 60.558 range low and 60.73, with RSI(14) near 37.
Support: 60.558, 60.463, 60.10
Resistance: 60.73, 60.993, 61.435
What it said to watch
M15 close above 60.73 (asian low) and the lower-highs line reopens the 60.993 london high
Loss of 60.558 range low exposes the 60.463 london low; failure there opens the 60.10 friday low
Fed's Hammack at 16:50 UTC and thin US-holiday liquidity could distort the NY session range
Reclaim of the 61.435 asian high would invalidate the intraday lower-highs sequence
Asian range broken lower in London; tight consolidation under the old Asian low.
London capped at the 60.993 London high, then broke the 60.726 Asian low and ran to a 60.463 session low as oil-driven yield pressure from the Riyadh airport attacks weighed. The rebound has stalled in a 60.56–60.735 band just under the old Asian low, below EMA20 and EMA50, with RSI(14) near 41 and a descending line from the London high capping bounces.
Support: 60.558, 60.463, 60.00
Resistance: 60.735, 60.834, 60.993
What it said to watch
A close back above the 60.735 Asian low and the descending line puts the 38.2% fib at 60.834 and the 60.993 London high in play
A break of the 60.56 London base exposes the 60.463 session low, then the 60.00 psych pivot
Fed's Hammack at 16:50 UTC during NY hours could shift this read in thin holiday trade; CPI is Wed 12:30 UTC
Lower highs from Asia high; London broke below the Asian range.
The Asia spike to the 61.435 asia high on ceasefire-driven yield relief has fully faded. Early London broke the 60.726 asian low and printed a 60.463 session low as the Riyadh airport headlines revived oil-led yield pressure. Mid-London, the bounce is stalling just under the old Asian low, with lower highs intact beneath the descending trendline.
Support: 60.463, 60.00
Resistance: 60.726, 60.993, 61.435
What it said to watch
M15 close back above the 60.726 asian low returns price inside the Asian range
Failure to hold the 60.463 session low extends the lower-low sequence toward 60.00 psych
Break of the descending trendline and the 60.993 london high invalidates the lower-high read
A bounce into 50% of the fib (60.949) would retrace half the Asia-high-to-session-low leg
Fed's Hammack at 16:50 UTC; thin US/Japan holiday trade can exaggerate moves
Lower highs from 61.435 to 60.993 to 60.718; holding above 60.463 low mid-London.
Silver topped at the 61.435 Asia high and has printed lower highs since, with supply capping the London high at 60.993 before the slide to a 60.463 session low as the Riyadh airport attacks revived oil-driven yield pressure. The rebound has stalled at the 60.718 bounce high near the 23.6% fib, and price is basing below the descending lower-highs line with RSI(14) near 38 and price under both EMAs.
Support: 60.463, 60.10, 60.00
Resistance: 60.718, 60.993, 61.435
What it said to watch
M15 close above the 60.718 bounce high and the 38.2% fib at 60.834 would break the lower-highs sequence toward the 60.993 london high
Failure to hold the 60.463 session low extends the downtrend toward the 60.10 friday low and the 60.00 psych level
Only a recovery above the 61.435 asia high would undo the session's lower-highs structure
Fed's Hammack at 16:50 UTC and oil headlines could shift this read in thin holiday trade
Asian range broken lower in London, weak bounce capped below broken Asian low.
Silver broke the Asian low at 60.726 during London as the Riyadh attacks revived oil and yield risk, printing a 60.463 London low. The rebound stalled at 60.718, just under the broken Asian low and the 50% fib of the London leg, while the lower-highs trendline from the 61.435 Asian high stays intact. RSI(14) is near 39, mid-range rather than stretched.
Support: 60.463, 60.00
Resistance: 60.726, 60.993
What it said to watch
A close back above the 60.726 Asian low reclaims the Asian range and weakens the breakdown read
A break of the 60.463 London low extends the lower-low chain and puts the 60.00 psych level in view
A break above the lower-highs trendline and the 60.993 London high would negate the intraday downtrend
Fed's Hammack at 16:50 UTC, with thin holiday liquidity, could produce outsized moves into the NY session
Lower highs since 61.435, Asian range low broken, retest from below.
London broke the Asian range low at 60.726 and ran to a 60.463 session low as the Riyadh attacks revived oil and yield risk. The rebound stalled at 60.718, just under the broken Asian low and near the 23.6% retrace of the Asian high to session low leg. Lower highs from the 61.435 Asian high stay intact, with RSI(14) near 38 and ATR(14) about 128 pips.
Support: 60.463, 60.10
Resistance: 60.726, 60.993, 61.435
What it said to watch
M15 close back above 60.726 asian low puts price back inside the Asian range and weakens the breakdown read
Loss of the 60.463 session low extends the lower-low chain toward the 60.10 friday low and the $60 psych pivot
A break of the lower highs trendline and the 60.993 london high would end the intraday downtrend read
Thin holiday liquidity (US, Japan, Canada) and Fed's Hammack at 16:50 UTC could materially shift this read
Lower highs from 61.435 Asia high; Asian range broken to the downside in London.
Silver has faded steadily from the 61.435 Asia high as the Riyadh airport attacks revived oil and yield risk. London broke below the 60.726 asian low and printed a 60.463 session low before a sharp rejection bar closed back at 60.666. The trendline of lower highs from the Asia high through the 60.993 london high is still intact.
Support: 60.463, 60.00
Resistance: 60.726, 60.993, 61.435
What it said to watch
An M15 close back above the 60.726 asian low would turn the London range break into a false break
Failure to hold the 60.463 session low exposes the 60.00 psych pivot
A close above the 60.993 london high breaks the lower-high trendline and reclaims the 61.8% fib
Oil reaction to Houthi retaliation headlines and Fed's Hammack at 16:50 UTC; thin holiday liquidity can exaggerate moves
09:07 UTC
Intraday downtrend, lower highs since Asia peak · RSI 30 · price 60.532
Asian range broken to downside in London; lower-high chain intact.
Asia extended Friday's ceasefire-driven rally to a 61.435 asia high, but a lower-high chain under a descending trendline followed. London broke the 60.726 asian low and set a 60.463 session low, leaving the 61.10 handle cited in the digest well above price. RSI(14) sits near 30 in thin US-holiday trade, ATR(14) about 128 pips.
Support: 60.463, 60.10, 60.00
Resistance: 60.726, 60.993, 61.435
What it said to watch
Reclaim of the 60.726 asian low puts price back inside the Asian range and weakens the break
Failure to hold the 60.463 session low exposes the 60.10 friday low and 60.00 psych
Close above the descending trendline and 60.993 london high, near the 50% of the session drop, breaks the lower-high chain
Fed's Hammack at 16:50 UTC today and US CPI Wed 12:30 UTC could materially shift this read
08:32 UTC
Intraday downtrend from Asia high, momentum soft · RSI 40 · price 60.738
Lower highs since 61.435, pressing session low.
Silver spiked to the 61.435 Asia high as ceasefire-driven oil and yield relief carried over, then printed a chain of lower highs. Early London extended to a new session low at 60.645, retesting Friday's late 60.635 low, with price below both EMAs and RSI(14) near 40.
Support: 60.645, 60.473
Resistance: 60.993, 61.435
What it said to watch
M15 close below the 60.645 session low opens the path to the 60.473 fri swing
Reclaim of the 60.993 lower high and the descending trendline invalidates the lower-high sequence
61.04 (50% fib of the Asia move) sits just above the lower high; rejection there keeps the downtrend intact
Fed's Hammack at 16:50 UTC could shift yields and this read; Wed CPI is the larger event risk
08:18 UTC
Intraday downtrend, lower highs from Asian peak · RSI 36 · price 60.743
Lower-high chain pressing the Asian range low in early London.
Silver has faded from the 61.435 Asian high in a steady lower-high chain. The London open was capped twice near the 60.99 London high, which is the 38.2% fib of the Asian drop, and price is back on the 60.726 Asian low with RSI(14) near 36 and price below both EMAs. Holiday-thin trade has drained the ceasefire relief bid seen in Asia.
Support: 60.726, 60.635
Resistance: 60.993, 61.435
What it said to watch
M15 close below the 60.726 Asian low breaks the Asian range and exposes the 60.635 swing low from Friday
A reclaim of the 60.993 London high and the descending trendline would negate the lower-high chain
Fed's Hammack at 16:50 UTC could reprice yields and shift this read, with Wednesday's CPI the larger risk
08:06 UTC
Intraday down-drift from Asia high, momentum soft · RSI 41 · price 60.833
Lower highs from 61.435, base holding at 60.73–60.75.
The Asia spike to the 61.435 asian high came on ceasefire-driven yield relief and has faded into a lower-high sequence. The 60.726 asian low has held twice, and the London open is capped at the 60.993 lower high, right at the 38.2% of the Asia decline fib. Price trades under both EMAs with RSI(14) near 41 in thin US/Japan holiday liquidity.
Support: 60.726, 60.635
Resistance: 60.993, 61.435
What it said to watch
M15 close above the 60.993 lower high and the lower highs trendline would break the down-drift structure
Failure to hold the 60.726 asian low exposes Friday's prior swing at 60.635
Fed's Hammack at 16:50 UTC could jolt yields in holiday-thin trade; Wed CPI is the larger event risk
07:48 UTC
Intraday downtrend from Asian high, momentum flattening · RSI 41 · price 60.874
Lower-high chain off 61.435; floor at 60.726, London open capped near 38.2% fib.
Silver faded from the 61.435 Asian high through a chain of lower highs before finding a floor at the 60.726 Asian low. The first hour of London has stalled twice at 60.99, the 38.2% fib of that decline, with price pressing the lower-high line in holiday-thin trade as softer yields from the ceasefire headlines cushion dips. RSI(14) near 41, below both EMAs.
Support: 60.726, 60.635
Resistance: 60.995, 61.173, 61.435
What it said to watch
M15 close above 60.995 (38.2% fib) breaks the lower-high line and puts the 61.173 Friday high in play
Failure to hold the 60.726 Asian low extends the lower-low sequence toward the 60.635 Friday swing low
A reclaim of 61.435 (Asian high) would erase the session's lower-high structure
Fed's Hammack at 16:50 UTC could shift yields and this read ahead of Wednesday's CPI
Lower highs since the Asian high; 60.73 low holding, small higher low at 60.75.
The Asia session spike, helped by the ceasefire-driven dip in yields, tested the 61.435 session high twice. It then broke 61.00, completing a small double top into the 60.73 Asian low. Early London is consolidating near 60.92, below the 61.04 lower high and the 38.2% level of the Asian drop fib, with RSI(14) neutral at ~44.
Support: 60.73, 60.64
Resistance: 61.04, 61.17, 61.435
What it said to watch
M15 close above the 61.04 lower high and the 38.2% Asian drop fib reopens the 61.17 Friday high
Failure to hold the 60.73 Asian low confirms a lower-low and exposes the 60.64 Friday low
Session high at 61.435 remains the upper bound of the Asian range
Holiday-thinned US liquidity and Fed's Hammack at 16:50 UTC could materially shift this read
07:18 UTC
Intraday pullback after Asia spike, momentum flat · RSI 46 · price 60.902
Lower highs from 61.435, higher low at 60.749 above 60.726 Asian low; compressing.
Ceasefire-driven relief lifted silver to an Asian high of 61.435, but it was rejected and faded to the 60.726 Asian low. A higher low at 60.749 has formed, and price is compressing near 60.90 into London open, capped at the 61.037 swing high near the 38.2% asia fib, with RSI(14) neutral at 46.
Support: 60.749, 60.726, 60.635
Resistance: 61.037, 61.173, 61.435
What it said to watch
M15 close above the 61.037 swing high opens the path to the 61.173 friday high
Failure to hold the 60.749 higher low and the 60.726 asian low exposes the 60.635 friday low
Recovery through 61.435, the asian high, would negate the rejection read
Fed's Hammack at 16:50 UTC and Wednesday's US CPI could materially shift yields and this read
06:48 UTC
Intraday downtrend, fading the Asia spike · RSI 40 · price 60.799
Lower highs from 61.435 asian high; higher low at 60.749 above the 60.726 asian low.
Monday's midnight push through the 61.173 friday high to a 61.435 asian high failed, and Asia has since printed a chain of lower highs along a descending line. That move gave back the early ceasefire bid. Price sits at 60.80 just above the 60.726 asian low, near the 50% fib of Friday's rally, with RSI(14) at 40 and price below both EMAs ahead of London open.
Support: 60.726, 60.635
Resistance: 61.037, 61.173, 61.435
What it said to watch
Break of the 60.726 asian low exposes the 60.635 swing low and the 61.8% fib near 60.61
Close above the descending line and the 61.037 lower high breaks the lower-high chain; 61.173 friday high comes back into view
Holding the 60.749 higher low into London open keeps the Asian range intact
Fed's Hammack at 16:50 UTC and CPI build-up could shift yields and this read
06:33 UTC
Intraday downtrend from Asia high · RSI 38 · price 60.816
Lower highs since 61.435; Asia open gap round-tripped.
Ceasefire-driven yield relief lifted silver to the 61.435 asia high early in the Asia session. It then faded through a chain of lower highs back to the 60.82 open, now sitting between the 38.2% and 50% of the fri-asia leg. A dip to the 60.726 asia low swept the earlier 60.76 session low before the bounce stalled at the 61.037 lower high. RSI(14) is near 38 with London open next.
Support: 60.726, 60.635
Resistance: 61.037, 61.173, 61.435
What it said to watch
M15 close below the 60.726 asia low extends the lower-low sequence toward the 60.635 fri pm low
M15 close above the 61.037 lower high breaks the lower highs trendline and puts the 61.173 fri high back in play
Asia high at 61.435 marks the top of the session range
Fed's Hammack at 16:50 UTC and Wednesday's US CPI could materially shift this read
06:18 UTC
Intraday downtrend from Asian high · RSI 42 · price 60.823
Lower highs and lower lows since 61.435, pre-London.
Asia spiked through the friday high at 61.173 to an asian high of 61.435 on the ceasefire-driven dip in yields, but the break did not hold. Price has since printed a chain of lower highs down to a 60.726 session low, and the bounce stalled at 61.037, between the 38.2% and 50% retracement of the drop. Price now sits back near Friday's close, below EMA20 and EMA50 into the London open.
Support: 60.726, 60.635
Resistance: 61.037, 61.173, 61.435
What it said to watch
M15 close above the 61.037 lower high and the falling lower-highs line breaks the intraday downtrend read
Failure to hold the 60.726 session low extends the lower-low chain toward the 60.635 swing low
Reclaiming the 61.173 friday high would turn the Asian false break into a retest
London open in under an hour; Fed's Hammack at 16:50 UTC could materially shift this read
Lower highs from 61.435 session high; dip to 60.726 reclaimed.
Asia held Friday's ceasefire and yield-relief gains. It spiked to the 61.435 asian high, where repeated wicks marked a rejection, then printed lower highs at 61.28 and 61.13. A late-Asia sweep under the early low set the 60.726 session low before a reclaim, but the bounce stalled at the 38.2% fib and ema20 near 61.00 heading into London open.
Support: 60.726, 60.635
Resistance: 61.00, 61.28, 61.435
What it said to watch
M15 close above 61.00 (ema20 / 38.2% fib) puts the 61.28 lower high back in play
Failure to hold the 60.726 session low exposes the 60.635 swing low from late Friday
London open is the first test of the Asian range (60.726–61.435) on thin Monday liquidity
Fed's Hammack at 16:50 UTC is the first USD catalyst ahead of Wednesday's CPI
05:48 UTC
Intraday downtrend from Asia spike high · RSI 38 · price 60.908
Lower highs since 61.435 rejection, bounce off fresh session low.
Asia spiked to a 61.435 session high early on easing yields, but the move was rejected. Price has since printed lower highs along a falling trendline, tagging a 60.726 session low before bouncing to 60.91 into the London open, with RSI(14) near 38 and price below EMA20/50. The 61.00 psych handle now caps intraday.
Support: 60.726, 60.635
Resistance: 61.00, 61.28, 61.435
What it said to watch
M15 close above 61.00 psych and the lower-high trendline neutralises the intraday downtrend; 61.28 lower high is next
Failure to hold the 60.726 session low exposes the friday low at 60.635
Fed's Hammack at 16:50 UTC could shift yields and this read
Lower highs off 61.435 session high; Asian range floor broken.
The early-Asia spike was rejected at the 61.435 session high, and the lower-high sequence has now dropped price through the 60.95 range floor and the 60.76 Monday open low. Price sits on the 50% fib of Friday's 60.10–61.44 advance with RSI(14) near 29, as the ceasefire-driven yield tailwind fails to hold price late in the Asia session.
Support: 60.635, 60.50
Resistance: 60.95, 61.07, 61.435
What it said to watch
Failure to hold the 60.635 swing low clears the 61.8% fib near 60.61 and exposes the 60.50 round number
M15 close back above the 60.95 range floor, then the 61.07 lower high on the lower-highs trendline, negates the pullback read
London open is the first liquidity test of the break below the Asian range
Fed's Hammack (16:50 UTC) in NY hours and Wednesday's CPI could materially shift the yield-driven read
05:18 UTC
Intraday downtrend after Asian spike · RSI 38 · price 60.805
Lower highs from 61.435, range floor broken.
Asia spiked from 60.76 to a 61.435 session high on the ceasefire-driven yield pullback, but rejection there has built a lower-high chain and price just slipped through the 60.93 range floor. The Asian rally fib is almost fully retraced, with the 60.76 asian low the next test late in the Asia session; RSI(14) near 38, not stretched.
Support: 60.761, 60.635
Resistance: 60.934, 61.135, 61.435
What it said to watch
M15 close below the 60.76 asian low exposes the 60.635 friday low
M15 close back above the 60.93 range floor and the lower-high trendline negates the breakdown read, with the 61.135 lower high next
London open in under 2h typically expands range; ATR(14) ~130 pips
Fed's Hammack at 16:50 UTC during NY hours could shift yields and this read ahead of Wednesday's CPI
Lower highs since the 61.435 Asia session high, price compressing at the 61.8% fib near 61.00.
Ceasefire-driven yield easing lifted silver in early Asia, with a spike through the friday high at 61.173 to a 61.435 session high, but the move faded back below it. Price has since printed a lower-high chain under a descending trendline and now sits on the 61.8% fib of the 60.764 asian low to 61.435 leg, just above EMA50 and the 60.934 swing low.
Support: 60.934, 60.764
Resistance: 61.135, 61.173, 61.435
What it said to watch
M15 close below the 60.934 swing low confirms a lower-low and puts the 60.764 asian low back in focus
Close above the descending trendline and the 61.135 lower high breaks the lower-high chain; the friday high at 61.173 follows
London open is the first test of the compressed Asia range
Fed's Hammack at 16:50 UTC, with US CPI on Wed Oct 14 at 12:30 UTC as the larger risk to this read
04:47 UTC
Pullback after Asia spike, drifting lower · RSI 44 · price 61.047
Lower highs from 61.435, compressing 60.93–61.14.
Early Asia session cleared the friday high at 61.173 and ran to a 61.435 session high, with lower oil and softer yields after the ceasefire as the backdrop. Supply capped two tests there and price has since slipped back below the friday high. It is now holding between the 50% and 61.8% retracement of the Asian leg, with a lower high at 61.28 and the pullback low at 60.934 framing the range.
Support: 60.934, 60.761
Resistance: 61.173, 61.28, 61.435
What it said to watch
M15 close back above the friday high at 61.173 reopens the 61.28 lower high and 61.435 session high
Break of the 60.934 pullback low exposes the 60.761 asia low and the full retracement of the Asian leg
London open is the first test of the 60.93–61.14 compression
Fed's Hammack at 16:50 UTC and Wednesday's CPI are the scheduled risks for a yields-driven move
04:33 UTC
Intraday pullback after Asia spike, lower highs · RSI 44 · price 61.075
Lower highs from 61.435 compressing onto 60.93–61.00 lows.
Asia pushed through the friday high at 61.17 to an asian high of 61.435 as ceasefire-driven oil and yield relief carried over, then slipped back below it in a series of lower highs at 61.28 and 61.135. Price is compressing around the 50–61.8% fib of the 60.76–61.435 leg, with the 60.93 swing low holding and RSI(14) near 44 into the last hours of the Asia session.
Support: 60.934, 60.761, 60.635
Resistance: 61.173, 61.28, 61.435
What it said to watch
M15 close above the 61.28 lower high breaks the descending trendline and reopens the 61.435 asian high
Hold back above the 61.17 friday high would negate the false break read
Failure at the 60.93 swing low exposes the 60.76 asian low, then the 60.64 friday low
London open in roughly 2.5h is the next test of the Asian range
Fed's Hammack 16:50 UTC and Wednesday's US CPI (f/c 0.6% m/m, 3.7% y/y) could materially shift this read via yields
04:18 UTC
Intraday pullback after Asia spike, momentum neutral · RSI 50 · price 61.005
Lower highs and lower lows off the 61.435 session high, Friday high lost.
Asia pushed through the 61.173 friday high to a 61.435 session high as ceasefire-driven yield relief lifted metals. That break has failed into a lower-highs sequence, with price now on the 61.8% retrace of the Asia leg near 61.00, under EMA20, roughly level with EMA50 and RSI(14) flat at 50.
Support: 60.934, 60.761
Resistance: 61.173, 61.28, 61.435
What it said to watch
M15 close back above the 61.173 friday high negates the false break read
Close above the lower highs trendline and the 61.28 lower high reopens the session high at 61.435
Failure to hold the 60.934 intraday low extends the lower-low sequence toward the 60.761 asian low
London open in roughly 3h typically expands range beyond the Asian range
Fed's Hammack at 16:50 UTC and US CPI on Wed 12:30 UTC could materially shift this read
04:06 UTC
Pullback after Asia breakout, momentum neutral · RSI 48 · price 61.021
Lower highs from 61.435 Asian high, base holding near 61.00.
Asia session broke Friday's 61.173 high in the first hour on the yield-easing ceasefire backdrop, but was rejected three times at the 61.435 Asian high. Lower highs at 61.28 and 61.135 followed, and price is now consolidating at the 61.8% fib near 61.02, just above the 60.955 swing low, with RSI(14) flat near 48.
Support: 60.955, 60.761, 60.635
Resistance: 61.173, 61.28, 61.435
What it said to watch
Break of the 60.955 swing low exposes the 60.761 Asian low, with the 60.635 Friday low below
M15 close back above the 61.173 Friday high and the descending trendline negates the lower-high sequence; 61.28 lower high and 61.435 Asian high next
London open in about 3h is the first test of the Asian range
Fed's Hammack 16:50 UTC and Wednesday's US CPI (12:30 UTC) could materially shift this read
03:48 UTC
Intraday pullback after Asia spike, momentum soft · RSI 44 · price 61.085
Lower highs and lower lows since the 61.435 session high, inside the Asian range.
Asia session cleared the friday high at 61.173 to print a 61.435 session high, but met rejection there. The move has since faded into a lower high at 61.28 and a swing low near 60.96, leaving the break a false one for now. Price is holding near the 50% fib of the Asian leg, with RSI(14) around 44 and the bounce still riding Friday's softer yields and oil.
Support: 60.96, 60.761
Resistance: 61.173, 61.28, 61.435
What it said to watch
M15 close back above the friday high at 61.173 revives the breakout read; a break above the lower high at 61.28 ends the pullback structure
Failure to hold the swing low at 60.96 (below the 61.8% fib) confirms a lower-low and exposes the asian low at 60.761
Pullback trendline from the 61.435 session high caps rallies while intact
Fed's Hammack at 16:50 UTC today and Wednesday's US CPI could materially shift this read
Lower highs from the 61.435 session high, testing the 61.8% fib near 61.00.
Monday's Asia session pushed through the 61.173 Friday high to a 61.435 session high. A double top there failed to hold and printed a lower high at 61.28. Price is back below the Friday high, sitting on the 61.8% fib near 61.00 just above the 60.955 swing low, with the Friday rally on softer yields and oil as the backdrop.
Support: 60.955, 60.761
Resistance: 61.173, 61.28, 61.435
What it said to watch
M15 close below the 60.955 swing low confirms a lower-low and puts the 60.761 asian low back in play
Reclaim of the 61.173 friday high negates the false break read; a close above the 61.28 lower high breaks the descending trendline
Fed's Hammack 16:50 UTC and Wednesday's US CPI (12:30 UTC) could materially shift this read
Lower highs from the 61.435 session high, testing 61.00 floor.
After a flat Sunday open, the Asia session cleared Friday's 61.17 high (the friday high) and reached a 61.435 session high, where supply capped three attempts; the bounce since has stalled at a 61.28 lower high. Price is back on the 61.00 round number, which lines up with the 61.8% fib of the 60.76–61.435 Asia leg, and RSI(14) is neutral near 49 with price under EMA20.
Support: 61.00, 60.761
Resistance: 61.173, 61.28, 61.435
What it said to watch
M15 close below the 61.00 round number and 61.8% fib exposes the 60.761 sunday low
Reclaiming the 61.17 friday high and the 61.28 lower high trendline reopens the 61.435 session high
Fed's Hammack at 16:50 UTC and Wednesday's US CPI (f/c 3.6% y/y) could materially shift this read via yields
03:05 UTC
Intraday pullback after Asia breakout · RSI 49 · price 61.03
Failed hold above Friday high, lower high at 61.28.
Asia session pushed through Friday's high at 61.17, extending Friday's yield- and oil-driven rebound, but three rejections at the 61.43 session high left a lower high at 61.28. Price has slipped back below the Friday high and is testing the 61.00 round number. That level sits on the 61.8% fib of the 60.76–61.43 Asian leg, and RSI(14) is flat near 49.
Support: 61.00, 60.76, 60.635
Resistance: 61.173, 61.28, 61.435
What it said to watch
M15 close below the 61.00 round number exposes the 60.76 asian low, then the 60.635 friday low
Reclaim of the 61.17 friday high and a break of the 61.28 lower high would revive the breakout read
Session high at 61.43 is the cap; the lower highs trendline marks fading upside follow-through
Fed's Hammack at 16:50 UTC and Wednesday's US CPI could materially shift this read
Asia breakout above Friday high, double-tap at 61.43, pullback held 61.00, now coiling 61.12–61.28.
Silver opened the week flat to Friday's close and broke above the Friday high at 61.17 at the 03:00 broker bar. It capped twice at the 61.43 session high and pulled back to a 61.00 pullback low near the 61.8% fib of the 60.76–61.43 Asian leg. Price is now oscillating around the Friday high, with a 61.28 minor high overhead, mid-Asia session on a thin tape, RSI(14) neutral near 58.
Support: 61.003, 60.761
Resistance: 61.173, 61.28, 61.435
What it said to watch
M15 close back below the 61.00 pullback low turns the breakout into a false break and opens the 60.76 asian low
Acceptance above the 61.28 minor high puts the 61.43 session high retest in play
London open is the first real liquidity test of the Asian range
Fed's Hammack (16:50 UTC) and yield moves ahead of Wednesday's CPI could shift the read
Asia break above Friday high, higher low held at 61.00.
Monday's Asia session extended Friday's yield-driven bounce, breaking the 61.17 Friday high to a 61.435 session high. The pullback held the 61.00 pullback low near the 61.8% level of the asia leg fib, and price is rotating back above the Friday high with RSI(14) near 61.
Support: 61.173, 61.003, 60.761
Resistance: 61.435
What it said to watch
M15 close back below the 61.17 Friday high turns the breakout into a false break
Loss of the 61.00 pullback low breaks the higher-lows trendline and exposes the 60.76 Asia low
Clearance of the 61.435 session high opens the path toward the 62 cap
Fed's Hammack (Mon 16:50 UTC) and Waller (Tue 07:45 UTC) could move yields ahead of Wed CPI
Asia breakout above Friday high, higher low at 61.00.
Silver extended Friday's yield- and oil-driven bounce in the Asia session, breaking the 61.173 prior high to a 61.435 session high before the pullback held the 61.00 round number near the 61.8% fib. Price is back above the prior high on a higher low from the 60.761 Asia low, RSI(14) ~63 and not stretched.
Support: 61.173, 61.003, 60.761
Resistance: 61.435
What it said to watch
M15 close back below the 61.00 round number breaks the higher-low sequence and the rising trendline
Clearance of the 61.435 session high opens the 62 cap flagged by Tuesday's rejection
Loss of the 60.761 Asia low would unwind the Asia breakout entirely
London open liquidity tests whether the prior high at 61.173 holds as support
Fed's Hammack (Mon 16:50 UTC) is the next scheduled hike-signalling risk ahead of Wednesday's CPI
Asia breakout above Friday's high, higher low at 61.00, capped at 61.435 session high.
Monday's Asia session opened flat to Friday's close and broke above the prior high at 61.173 at the 00:00 UTC bar. That extends Friday's yield- and oil-driven bounce. Supply capped three tests of the 61.435 session high, and the pullback found demand at the 61.00 round number, near the 61.8% fib of the move off the 60.761 Asian low. Price is now back above the prior high, with RSI(14) at 61, well short of stretched.
Support: 61.173, 61.003, 60.761
Resistance: 61.435
What it said to watch
M15 close back below the 61.173 prior high puts the breakout at risk of becoming a false break
Failure to hold the 61.00 round number breaks the higher-lows trendline and reopens the 60.761 Asian low
Close above the 61.435 session high extends the uptrend sequence and the Asia session range
Fed's Hammack (16:50 UTC today) and Wednesday's US CPI could materially shift this read
01:47 UTC
Intraday up-leg stalling, pullback into breakout zone · RSI 53 · price 61.037
Asia broke Friday high, rejected at 61.435, retesting 61.00.
Early Asia extended Friday's yield-and-oil-driven bounce. The 00:00 UTC bar broke the 61.173 Friday high from a spike base near 60.84 and printed a 61.435 session high. The last bar unwound to 61.04, back below Friday high and onto the 61.8% fib of the Asian low-to-session high swing near the 61.00 round number, with RSI(14) near 53 and price sitting on EMA20.
Support: 61.00, 60.84, 60.761
Resistance: 61.173, 61.435
What it said to watch
M15 close below the 61.00 round number turns the Friday-high break into a false break and exposes the 60.84 spike base
Reclaim of the 61.173 Friday high restores the breakout read toward the 61.435 session high
Loss of the 60.761 Asian low erases the whole Asian up-leg
Fed's Hammack (Mon 16:50 UTC) and US CPI (Wed 12:30 UTC) could materially shift this read
Asia breakout above Friday high, now retesting it.
Monday's Asia session broke Friday's 61.17 high and printed a 61.435 session high, extending Friday's bounce on softer yields and oil. Three tests near 61.42–61.435 stalled, and price is back retesting the Friday high, which lines up with the 38.2% fib of the Asia leg. RSI(14) is near 60 and cooling.
Support: 61.17, 61.00, 60.761
Resistance: 61.435, 61.50
What it said to watch
An M15 close below the 61.17 Friday high fails the retest and exposes the 61.00 round number (61.8% fib zone)
A clean break of the 61.435 session high opens the 61.50 round number
Loss of the 60.76 Asian low would unwind the breakout
Fed's Hammack (Mon 16:50 UTC) is the next scheduled catalyst; US CPI on Wed 12:30 UTC is the key risk
Asia broke above the Friday high at 61.17; higher low held at 61.17 and two tests of 61.42 have capped.
Asia opened flat to Friday's close and broke through the 61.17 friday high, extending Friday's rebound on softer oil and yields. Two pushes into the 61.42 session high have stalled, and the friday high now sits at the 38.2% fib of the Asian leg. RSI(14) is near 67 and not stretched.
Support: 61.17, 61.00, 60.76
Resistance: 61.42
What it said to watch
M15 close back below the 61.17 friday high would mark a false break and expose the 61.00 round number and the 60.76 asian low
Close above the 61.42 session high extends the leg toward the 62 cap, the level of Tuesday's rejection
Thin early-week Asia flow; Fed's Hammack (Mon 16:50 UTC) is the first scheduled risk ahead of Wednesday's CPI
Asian range break above Friday high, consolidating 61.17–61.42.
There was no weekend gap. Early in the Asia session silver broke out of a 60.76–61.05 Asian range and cleared the 61.17 Friday high, tagging a 61.42 session high, extending Friday's yield/oil-driven rebound. The last three bars retested the friday high and held above it, with RSI(14) cooling to ~69 and price above both EMAs.
Support: 61.17, 61.05, 60.76
Resistance: 61.42
What it said to watch
An M15 close back below the 61.17 friday high would mark a false break and puts the 61.05 asian high back in play
A close above the 61.42 session high opens the path toward the 62 cap flagged by Tuesday's rejection
Loss of the 60.76 asian low negates the breakout structure
Fed's Hammack (Mon 16:50 UTC) and Wednesday's 12:30 UTC CPI could materially shift this read
Asian range and Friday high broken, higher lows since open.
Monday's Asia session broke the 60.76–61.05 Asian range and Friday's 61.17 high, spiking to a 61.42 session high before stalling near 61.27 with RSI(14) around 70. The move extends Friday's yield- and oil-driven bounce in thin early-week trade. Price is holding above the rising lows line, and the 38.2% fib of the 60.76–61.42 leg sits on the Friday high.
Support: 61.173, 61.05, 60.761
Resistance: 61.42, 62.00
What it said to watch
Holding above the 61.17 friday high keeps the breakout intact. An M15 close back below the 61.05 asian high would read as a false break.
A clear move through the 61.42 session high opens the 62.00 prior cap flagged from last week's rejection.
A break of the rising lows line and the 60.76 asian low would unwind the open's breakout.
Fed's Hammack (Mon 16:50 UTC) and Wed CPI could shift yields and this read. Thin Asia liquidity can exaggerate wicks.
Higher low at 60.76, then break of the 61.17 prior high; early Asia pullback.
Asia opened flat near 60.83, held a higher low at the 60.76 asian low and then pushed through Friday's 61.17 prior high to a 61.42 session high. This extends Friday's bounce on softer yields and oil. Price is now easing back toward the broken high, with RSI(14) near 66 and ATR(14) around 150 pips.
Support: 61.173, 61.00, 60.761
Resistance: 61.42
What it said to watch
M15 close back below the 61.17 prior high would turn the breakout into a false break
Hold of the 61.00 psych level keeps the higher-low chain intact; loss of the 60.76 asian low breaks it
A clear above the 61.42 session high opens the path toward the 62 cap
Fed's Hammack (Mon 16:50 UTC) and Wednesday's CPI could materially shift this read
00:18 UTC
Uptrend, testing Friday high · RSI 65 · price 61.155
Higher lows from 60.635; Asian range top 61.05 broken, now sitting on the Friday high.
Monday's Asia session opened flat to Friday's close. It held a 60.761 session low, then the 00:00 UTC bar broke the Asian range top at 61.05 and the Friday high at 61.173, printing a 61.236 session high, with RSI(14) near 65. The move extends Friday's NY leg off 60.10, which came on softer yields and oil, and price is holding above the 38.2% fib of that leg near 60.80.
Support: 61.173, 60.899, 60.761
Resistance: 61.236
What it said to watch
M15 close back below the 61.173 friday high would turn the breakout into a false break
Clearance of the 61.236 session high leaves the 62 cap (Tuesday's rejection) as the next reference
Loss of the 60.899 pivot low, then the 60.761 session low, would unwind the Asian range break toward the 38.2% fib near 60.80
Fed's Hammack (Mon 16:50 UTC) and Wed CPI could shift yields and change this read
00:06 UTC
Sideways after Friday NY rally, momentum neutral · RSI 51 · price 60.848
Range 60.635–61.05 below the 61.173 NY high; Asia open trading mid-range.
Friday's NY session lifted silver from 60.100 to a 61.173 friday high on softer yields and oil. Price has since ranged, holding the 50% retrace at the 60.635 swing low. The Sunday Asia open met rejection twice near the 61.05 sunday high and is back at 60.85, mid-range, with RSI(14) flat near 51.
Support: 60.761, 60.635
Resistance: 61.05, 61.173
What it said to watch
M15 close above the 61.05 sunday high reopens the 61.173 friday high
Loss of the 60.761 sunday low (38.2% of the NY rally fib) exposes the 60.635 swing low
Break below the 60.635 swing low (50% retrace) would end the post-rally range read
Fed's Hammack Mon 16:50 UTC and Wed CPI (f/c 3.6%) could shift the read via yields