XAG/USD AI Live Scan, 15-minute chart, Monday, 13 July 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, grinding lower · RSI 41 · price 57.468

Lower highs, lower lows in descending channel.

Thin Asia-session tape drifting lower, extending the descending channel after London/NY sold silver from 58.70 toward 57.40. Price sits below EMA20/50 with RSI(14) mid-40s; a shallow bounce off the 57.385 session low but supply keeps capping into 57.70.

Support: 57.385, 57.258, 57.22

Resistance: 57.70, 57.77

What it said to watch

  • Break of 57.22 opens the path toward 55.63
  • M15 close above 57.77 breaks the channel top
  • US CPI Tue 12:30 UTC is the dominant catalyst and can override this read

23:47 UTC

Downtrend, momentum easing into thin hours · RSI 40 · price 57.468

Lower highs, lower lows in descending channel.

XAG grinds lower inside a descending channel, printing fresh session lows near 57.26 during Asian hours before a shallow bounce to 57.47; broader energy-inflation/hawkish-Fed tone keeps every rally capped. Volume is thin and RSI sits mid-30s — drift, not thrust.

Support: 57.258, 57.22

Resistance: 57.681

What it said to watch

  • Reclaim of 57.681 would break the descending sequence of lower highs
  • Loss of 57.258 opens 57.22 channel support
  • US CPI Tue 12:30 UTC is the dominant catalyst and can override this read

23:32 UTC

Downtrend, drifting lower · RSI 38 · price 57.436

Lower highs, lower lows within descending channel.

Silver ground lower through the session inside its descending channel, closing at 57.436 on thin late-Asia volume after failing at the 57.70 session high. RSI(14) sits near 37 and the swing low at 57.258 is the near-term line before the 57.22 channel support flagged into US CPI.

Support: 57.258, 57.22

Resistance: 57.70

What it said to watch

  • M15 close below 57.22 channel support opens 55.63
  • Reclaim of 57.70 session high needed to stall the lower-high chain
  • US CPI 12:30 UTC + Warsh testimony 14:00 UTC are the dominant catalysts and could reprice this read

23:32 UTC

Downtrend, momentum steady · RSI 39 · price 57.436

Lower highs, lower lows into swing low.

Silver ground lower through the session, from 59.36 to 57.44, holding well below EMA20/50 inside its descending channel as hawkish-Fed/energy-inflation flows capped every bounce. Price now sits on the 57.26 swing low in thin late-session trade, RSI(14) near 38, just above the 57.22 channel support.

Support: 57.258, 57.22

Resistance: 57.70

What it said to watch

  • Break of 57.22 opens 55.63 next
  • Reclaim of 57.70 needed to ease the lower-high chain
  • US CPI Tue 12:30 UTC is the dominant catalyst and can override this read

23:17 UTC

Downtrend, momentum cooling · RSI 43 · price 57.477

Lower highs / lower lows, now consolidating near lows.

Silver ground lower through London-NY, printing a session low at 57.26 before a shallow bounce that faded under 57.77; price now drifts at 57.48 in a thin Asia session. RSI(14) mid-40s and ATR compressing as the descending channel holds and the CPI-driven bid in USD caps every recovery.

Support: 57.26, 57.22

Resistance: 57.77

What it said to watch

  • Break of 57.22 confirms a lower low and opens 55.63 area
  • M15 close above 57.77 breaks the descending sequence of lower highs
  • US CPI Tue 12:30 UTC is the dominant catalyst and can force the next leg

23:17 UTC

Downtrend, consolidating at lows · RSI 43 · price 57.477

Lower highs, holding above session low.

Silver drifted lower through NY hours into a 57.4–57.7 consolidation, extending the descending-channel bias flagged into US CPI. Price sits below EMA20/50 near the session low at 57.258; thin Asia-hours volume with RSI(14) mid-40s, no momentum extreme.

Support: 57.258, 57.22

Resistance: 57.70

What it said to watch

  • Break of 57.258/57.22 opens 55.63 lower
  • Reclaim of 57.70 stalls the lower-high sequence
  • US CPI Tue 12:30 UTC is the dominant catalyst that could break this consolidation

23:03 UTC

Downtrend, momentum slowing · RSI 44 · price 57.566

Consolidating above the session low.

Silver bled lower through NY on the hawkish-Fed/energy-inflation bid, bottoming at 57.258 before a shallow bounce. Now grinding sideways 57.55-57.70 in thin Asia hours, RSI mid-40s, price pinned below EMA20/EMA50 as the down leg from 58.93 caps.

Support: 57.258, 57.22

Resistance: 57.704, 57.769

What it said to watch

  • Close below 57.258 confirms a lower low and opens 57.22 channel support toward 55.63
  • Reclaim of 57.769 swing high needed to ease the downtrend read
  • US CPI Tue 12:30 UTC + Warsh testimony 14:00 UTC dominate the next session

23:03 UTC

Downtrend, momentum flattening · RSI 43 · price 57.566

Lower highs/lows, now consolidating.

Silver in an M15 downtrend, off ~3% from the 59.36 spike, now basing after the 57.258 session low. Price is coiling in thin overnight/Asia hours between 57.55 and 57.70 on collapsing volume, RSI(14) mid-40s with no momentum extreme.

Support: 57.258, 57.22

Resistance: 57.70

What it said to watch

  • M15 close below 57.22 opens the 55.63 channel target
  • Reclaim of 57.70 needed to break the descending resistance
  • US CPI Tue 12:30 UTC is the dominant catalyst that could break this consolidation

22:47 UTC

Downtrend, momentum flat · RSI 47 · price 57.652

Lower highs, basing near session low.

Silver bled ~1.9% through London-NY within its descending channel, tagging 57.258 before stabilising into thin Asia hours; last bars flatlined 57.60-57.70 on minimal volume. RSI(14) around 47 after basing off the lows, price hugging EMA20 but capped below EMA50.

Support: 57.258, 57.22

Resistance: 57.70, 58.00

What it said to watch

  • Close below 57.22 confirms channel break, exposes 55.63
  • Reclaim of 58.00 challenges the descending highs
  • US CPI Tue 12:30 UTC is the dominant catalyst and could break this consolidation

22:47 UTC

Downtrend, stalling into thin session · RSI 50 · price 57.652

Lower highs, basing near session low.

Silver bled from 59.36 to a 57.26 swing low through NY hours inside its descending channel, then flattened around 57.65 on very thin Asian volume. Bounce off the lows stalled at 57.70; no directional setup while it drifts below the 9-day EMA.

Support: 57.402, 57.258

Resistance: 57.704

What it said to watch

  • Close below 57.40 reopens the 57.26 swing low
  • Reclaim of 57.70 needed to shift the short-term structure
  • US CPI Tue 12:30 UTC is the dominant catalyst and can break this range

22:32 UTC

Downtrend, consolidating · RSI 47 · price 57.645

Lower highs, basing near swing low.

Silver sold off through the session into a 57.26 swing low, then flattened into a tight 57.40–57.70 consolidation on thinning late-session volume. RSI(14) has recovered to neutral around 47 as price presses the 57.70 session high; broader tone stays down inside the descending channel.

Support: 57.40, 57.26, 57.22

Resistance: 57.70, 57.77

What it said to watch

  • Break of 57.22 channel support opens 55.63 lower
  • M15 close above 57.77 prior high breaks the consolidation
  • US CPI Tue 12:30 UTC is the dominant catalyst for the next leg

22:32 UTC

Downtrend, basing near lows · RSI 51 · price 57.645

Consolidation above session low after decline.

XAGUSD sold off through NY hours to a 57.258 session low, then stalled into a tight 57.55–57.70 consolidation on fading volume, keeping the descending channel intact below the 9-day EMA. RSI(14) has recovered to neutral after the low, but price remains below EMA50.

Support: 57.258, 57.22

Resistance: 57.769, 57.99

What it said to watch

  • US CPI Tue 12:30 UTC is the dominant catalyst and can override this structure
  • Close below 57.258 confirms channel continuation toward 57.22
  • Reclaim of 57.769 opens a squeeze back toward 57.99

22:17 UTC

Downtrend, stalling near lows · RSI 50 · price 57.672

Lower highs, lows stabilising above 57.26.

Silver ground lower through the US session inside a descending channel, printing a low at 57.26 before stabilising into the 57.6-57.7 pocket as escalation-driven USD/oil bid capped bounces. RSI(14) has clawed back to the mid-40s off the lows; price now hugs EMA20 but sits below EMA50 with the 57.77 swing high untested.

Support: 57.26, 57.22

Resistance: 57.77

What it said to watch

  • Break of 57.22 opens the path to 55.63
  • Reclaim of 57.77 needed to relieve the lower-high sequence
  • US CPI Tue 12:30 UTC is the dominant catalyst and can override this read

22:17 UTC

Downtrend, near-term basing · RSI 52 · price 57.672

Descending, recovering off session low.

Silver ground lower through NY into 57.26 then recovered, now stalling 57.60–57.70 into the descending sequence of lower highs. Price is stretching into the 61.8% retrace of the last down leg around 57.70; that band and prior high 57.77 are the area to watch for rejection or break.

Support: 57.40, 57.26, 57.22

Resistance: 57.70, 57.77, 57.98

What it said to watch

  • M15 close above 57.77 breaks the lower-high sequence and opens 57.98
  • Loss of 57.40 resumes the down leg toward 57.26/57.22
  • US CPI Tue 12:30 UTC and Warsh testimony 14:00 UTC are the dominant catalysts and can override this read

22:03 UTC

Downtrend, momentum stalling · RSI 45 · price 57.635

Lower highs, basing after 57.258 low.

Silver bled lower through the NY session to a 57.258 low before buyers stepped in, price now consolidating 57.55–57.68 with RSI(14) recovering off oversold. Descending channel intact and bounces have faded below the 57.77 swing high; move sits ahead of US CPI as the dominant catalyst.

Support: 57.258, 57.22

Resistance: 57.77

What it said to watch

  • US CPI Tue 12:30 UTC is the dominant catalyst and could reset this read
  • M15 close below 57.258 confirms a lower low, exposing the 57.22 channel base
  • Reclaim of 57.77 swing high would break the run of lower highs

22:03 UTC

Downtrend, momentum flattening · RSI 44 · price 57.635

Lower highs into base near lows.

Silver leaked lower through the session, printing a swing low at 57.258 before basing in a 57.40–57.77 band; the descending-channel/hawkish-Fed narrative keeps bounces capped. RSI(14) recovering off oversold to ~44 as price consolidates just under the session high at 57.769, still below EMA50.

Support: 57.258, 57.22

Resistance: 57.769

What it said to watch

  • US CPI Tue 12:30 UTC is the dominant catalyst and can break this base either way
  • Loss of 57.22 confirms channel continuation, exposing 55.63
  • M15 close above 57.769 breaks the consolidation top

21:47 UTC

Downtrend, momentum slowing near lows · RSI 46 · price 57.635

Descending channel, lower highs into 57.26 base.

Silver ground lower through the NY session inside its descending channel, printing a 57.26 base before a shallow bounce back to 57.64. Bias stays heavy below the channel highs; the small lift off 57.26 has only nudged price back to EMA20.

Support: 57.258, 57.22

Resistance: 57.77

What it said to watch

  • US CPI Tue 12:30 UTC is the dominant catalyst — will override this micro-structure
  • Break of 57.22 opens 55.63
  • Close back above 57.77 would reset the intraday lower-high sequence

21:47 UTC

Downtrend, momentum slowing after bounce · RSI 45 · price 57.635

Lower highs, lower lows; bounce off session low.

Silver ground lower through the NY session inside its descending channel, printing a session low at 57.26 before a modest bounce to 57.64; the drop tracks the hawkish-Fed, energy-inflation narrative capping every rally. Price sits back below EMA20 and EMA50 with RSI mid-40s — no momentum extreme, bounce still faded so far.

Support: 57.26, 57.22

Resistance: 57.77

What it said to watch

  • US CPI Tue 12:30 UTC is the dominant catalyst and can reset this read
  • Break of 57.22 confirms continuation, exposing lower support
  • M15 close above 57.77 breaks the lower-high chain

21:32 UTC

Downtrend, momentum slowing · RSI 43 · price 57.635

Lower highs, lower lows; basing near session low.

Downtrend intact; silver ground from ~58.9 to a session low of 57.26 through NY hours before basing in a 57.5–57.7 band. RSI(14) is lifting off the lows near 43 but price holds below EMA20/50, and the bounce keeps stalling under the descending high at 57.77.

Support: 57.26, 57.22

Resistance: 57.77

What it said to watch

  • US CPI Tue 12:30 UTC is the dominant catalyst and could materially shift this read
  • Break of 57.22 opens the path toward 55.63
  • M15 close above 57.77 breaks the descending-high sequence

21:32 UTC

Downtrend, stalling · RSI 45 · price 57.635

Lower highs, basing above 57.26.

Silver sold off through the NY session to 57.26 then based, now chopping 57.4–57.7 with price back above EMA20 but capped under EMA50. Descending channel intact; the leg lower off 58.19 into US-Iran/energy-inflation flows keeps structure heavy.

Support: 57.258, 57.22

Resistance: 57.769

What it said to watch

  • US CPI Tue 12:30 UTC and Warsh testimony 14:00 UTC are the dominant catalysts for the next session
  • Break of 57.22 opens 55.63 per the channel read
  • M15 close above 57.769 would break the recent lower-high sequence

21:17 UTC

Downtrend, momentum stabilising · RSI 46 · price 57.635

Descending channel, basing near lows.

Silver ground lower through NY hours inside its descending channel, printing a low at 57.26 before a shallow bounce to 57.77 faded. Price is now consolidating around 57.60 below the EMA20, RSI(14) recovering off its lows near 46 with no momentum extreme in play.

Support: 57.26, 57.22

Resistance: 57.77

What it said to watch

  • Break of 57.26 opens the 57.22 channel target and lower
  • Reclaim of 57.77 would challenge the near-term lower-high sequence
  • US CPI Tue 12:30 UTC is the dominant catalyst and can override this read

21:17 UTC

Downtrend, momentum slowing · RSI 46 · price 57.635

Descending channel, bounce off session low.

Silver ground lower through the NY session inside its descending channel, printing a session low at 57.26 before buyers stepped in for a bounce to 57.77. Price now consolidates near 57.6 below EMA20/50 with RSI(14) recovering off the lows; downtrend structure intact ahead of US CPI.

Support: 57.26, 57.22

Resistance: 57.77

What it said to watch

  • US CPI Tue 12:30 UTC is the dominant catalyst and could reset this read
  • Break of 57.22 channel support opens the path toward 55.63
  • Close back above 57.77 would break the recent lower-high chain

21:05 UTC

Downtrend, basing near lows · RSI 45 · price 57.635

Lower highs, holding above 57.26 swing low.

Silver ground lower through the session inside its descending channel, printing a 57.26 swing low before a shallow bounce to 57.635; the hawkish-Fed/energy-inflation narrative keeps every lift capped. Price now consolidating in the 57.50–57.77 band, RSI recovering from oversold as momentum flattens.

Support: 57.258, 57.22

Resistance: 57.769

What it said to watch

  • Loss of 57.26 swing low opens the channel base at 57.22
  • Reclaim of 57.769 session high would break the recent lower-high chain
  • US CPI Tue 12:30 UTC and Warsh testimony 14:00 UTC could materially shift this read

21:05 UTC

Downtrend, bounce off session low · RSI 44 · price 57.635

Lower highs and lower lows within descending channel.

Silver stayed pinned in its descending channel, grinding to a 57.26 low before a modest bounce to 57.77 that has since faded back to 57.635; the hawkish-Fed/energy-inflation read keeps rallies capped. RSI(14) near 44 offers no extreme, with price below both EMAs.

Support: 57.22

Resistance: 57.77

What it said to watch

  • M15 close above 57.77 challenges the lower-high sequence
  • Break of 57.22 opens 55.63 per channel structure
  • US CPI Tue 12:30 UTC is the dominant catalyst and can reset this read

20:47 UTC

Downtrend, momentum flattening · RSI 44 · price 57.552

Lower highs into descending channel, holding above session low.

Silver ground lower through the NY session within a descending channel, tagging a session low at 57.258 before a shallow bounce to 57.769 faded back to 57.55. Price sits below EMA20/50 with RSI(14) mid-40s; energy-inflation and hawkish-Fed pricing keep bounces capped ahead of US CPI.

Support: 57.258, 57.22

Resistance: 57.769

What it said to watch

  • Break below 57.22 opens 55.63 per the channel read
  • Reclaim of 57.769 needed to challenge the channel top
  • US CPI tomorrow 12:30 UTC is the dominant catalyst

20:47 UTC

Downtrend, momentum slowing · RSI 44 · price 57.552

Lower highs into descending channel, basing near lows.

XAGUSD ground lower through the NY session to 57.258 before a shallow bounce stalled at 57.769, now drifting back toward 57.55 inside the descending channel. Price sits below EMA20 and EMA50 with RSI mid-40s — no reversal signal, just a pause in the down leg ahead of US CPI.

Support: 57.258, 57.22, 55.63

Resistance: 57.769

What it said to watch

  • Break of 57.22 channel base opens 55.63
  • M15 close back above 57.769 swing high would ease the downside pressure
  • US CPI Tue 12:30 UTC is the dominant catalyst and can override this read

20:32 UTC

Downtrend, bouncing off lows · RSI 48 · price 57.583

Lower lows, base forming near 57.26.

Silver extended its NY-session slide to 57.26 before buyers stepped in, lifting price back to 57.58 within the descending channel that has capped every bounce this week. RSI(14) recovered off oversold into the mid-40s but price is still pinned below the 57.77–57.98 supply band.

Support: 57.258, 57.22

Resistance: 57.769, 57.977

What it said to watch

  • Break of 57.22 opens the path to 55.63
  • M15 close above 57.77 challenges the channel top
  • US CPI Tue 12:30 UTC is the dominant catalyst and can reset this read

20:32 UTC

Downtrend, momentum stalling near lows · RSI 44 · price 57.583

Lower highs and lower lows, consolidating above 57.26 base.

Silver sold off through the US session to a 57.26 base then bounced to 57.77 before fading, now stalling around 57.58 below both EMAs. Descending structure intact; energy-inflation and hawkish-Fed tone keeps rallies capped.

Support: 57.258, 57.22

Resistance: 57.769

What it said to watch

  • Break of 57.258 opens the 57.22 channel base
  • M15 close above 57.77 breaks the descending-highs sequence
  • US CPI Tue 12:30 UTC is the dominant catalyst that could reshape this read

20:17 UTC

Downtrend, momentum easing · RSI 44 · price 57.599

Lower highs / lower lows, minor bounce off session low.

Silver ground lower through the NY session in a descending channel, printing a session low at 57.258 before a shallow bounce to 57.77 that has since faded back to 57.60. Price holds below EMA20/EMA50 with RSI(14) near 44, downside structure intact but momentum flattening.

Support: 57.258, 57.22

Resistance: 57.77

What it said to watch

  • M15 close below 57.258 reopens the 57.22 channel support
  • Reclaim of 57.77 would break the recent lower-high sequence
  • US CPI tomorrow 12:30 UTC is the dominant catalyst for the next leg

20:17 UTC

Downtrend, momentum extended · RSI 42 · price 57.599

Lower highs, lower lows within descending channel.

XAGUSD ground lower through the NY session inside a descending channel, printing a session low at 57.402 before a modest bounce to 57.599. Price sits below EMA20/50 with RSI(14) near 42; the digest ties the pressure to firm USD and hawkish-Fed fears ahead of tomorrow's CPI.

Support: 57.402, 57.22

Resistance: 57.769

What it said to watch

  • Break of 57.22 channel support exposes 55.63
  • Reclaim of 57.769 needed to ease downside pressure
  • US CPI 12:30 UTC tomorrow is the key catalyst for this read

20:03 UTC

Downtrend, minor bounce off lows · RSI 47 · price 57.702

Lower highs, lower lows within descending channel.

Silver ground lower through the NY session inside a descending channel, printing a session low at 57.258 before a shallow bounce to 57.70. Move tracks hawkish-Fed/firm-USD pressure into tomorrow's CPI; RSI(14) recovering off the mid-30s but price still capped below the recent 57.99 high.

Support: 57.258, 57.22

Resistance: 57.99

What it said to watch

  • M15 close above 57.99 breaks the sequence of lower highs
  • Failure to hold 57.22 channel support exposes 55.63
  • US CPI tomorrow 12:30 UTC is the key catalyst for this read

20:03 UTC

Downtrend, bounce off lows · RSI 45 · price 57.702

Lower highs, lower lows; testing intraday resistance.

Silver ground lower through the NY session into a 57.258 low before bouncing to 57.702, holding a chain of lower highs inside the descending channel. RSI(14) recovering off the mid-40s but price remains below the EMA50, keeping downside structure intact. US CPI tomorrow is the dominant catalyst for the next leg.

Support: 57.258, 57.22, 55.63

Resistance: 57.977

What it said to watch

  • Break of 57.22 channel supp exposes 55.63
  • Reclaim of 57.977 lower high needed to stall the downtrend
  • US CPI at 12:30 UTC tomorrow can materially shift this read

19:47 UTC

Downtrend, momentum easing · RSI 43 · price 57.542

Lower highs, lower lows in a descending channel.

Silver ground lower through the NY session, printing a fresh low at 57.258 before a modest bounce back to 57.54, RSI(14) lifting off the low-40s. Price stays pinned inside the descending channel, capped near 57.70 with 57.22 channel support the line in the sand.

Support: 57.258, 57.22

Resistance: 57.70

What it said to watch

  • M15 close below 57.22 exposes the 55.63 area
  • Reclaim of 57.70 would break the recent lower-high sequence
  • US CPI tomorrow 12:30 UTC is the key catalyst and can reset this read

19:47 UTC

Downtrend, momentum intact · RSI 41 · price 57.542

Chain of lower highs and lower lows.

Silver ground steadily lower through the NY session inside a descending channel, printing a fresh session low at 57.258 before a shallow bounce to 57.54. RSI(14) near 40 keeps downside momentum intact with price pinned below EMA20/50; the move ties to firm-USD, hawkish-Fed flows ahead of CPI.

Support: 57.258, 57.22

Resistance: 57.70

What it said to watch

  • M15 close above 57.70 breaks the lower-high sequence and challenges the channel
  • Break of 57.22 exposes the 55.63 zone
  • US CPI tomorrow 12:30 UTC is the key catalyst and can reset this read

19:32 UTC

Downtrend, momentum steady · RSI 41 · price 57.469

Lower highs and lower lows in a descending channel.

Silver ground lower through the NY session to a 57.258 low, tracking the bearish USD/hawkish-Fed read, with price pinned below EMA20 and EMA50. RSI(14) near 41 keeps downside intact; a shallow bounce to 57.49 has yet to reclaim the 57.69 lower high.

Support: 57.258, 57.22

Resistance: 57.69

What it said to watch

  • M15 close above 57.69 breaks the lower-high sequence
  • Break of 57.22 channel support exposes 55.63
  • US CPI tomorrow 12:30 UTC could materially shift this read

19:32 UTC

Downtrend, momentum intact · RSI 39 · price 57.469

Lower highs, lower lows in descending channel.

Silver ground steadily lower through NY hours, printing lower highs inside a descending channel and basing just above the 57.22 channel support after tagging a 57.258 swing low. RSI(14) near 38 keeps downside momentum alive with price pinned below EMA20 and EMA50; the late-session bounce to 57.47 has stalled under 57.69.

Support: 57.22, 57.258

Resistance: 57.69

What it said to watch

  • Close below 57.22 channel support exposes deeper downside
  • Reclaim of 57.69 swing high would break the lower-high chain
  • US CPI tomorrow 12:30 UTC is the key catalyst and could reset this read

19:17 UTC

Downtrend, momentum steady · RSI 39 · price 57.468

Lower highs and lower lows, descending channel.

Silver stair-stepped lower through the NY session inside a descending channel, printing a fresh session low at 57.258 before stalling near 57.47 with RSI(14) around 38. Price sits below EMA20 and EMA50 as firm USD and hawkish-Fed pricing keep pressure on the metal ahead of tomorrow's CPI.

Support: 57.258, 57.22

Resistance: 57.70

What it said to watch

  • Break of 57.22 channel support exposes further downside
  • Reclaim of 57.70 swing high needed to challenge the channel top
  • US CPI 12:30 UTC tomorrow is the key catalyst and could reset this read

19:17 UTC

Downtrend, momentum intact · RSI 37 · price 57.468

Descending channel, lower highs and lower lows.

Silver ground lower through the NY session, breaking 57.5 and printing a fresh session low at 57.258 before stalling around 57.47; RSI(14) near 37 keeps downside momentum alive below both EMAs. Descending channel intact with sellers capping every bounce as USD holds firm ahead of tomorrow's CPI.

Support: 57.258, 57.22

Resistance: 57.70

What it said to watch

  • Break of 57.22 channel support exposes the 55.63 area
  • M15 close back above 57.70 would break the lower-high sequence
  • US CPI tomorrow 12:30 UTC is the key catalyst for this read

19:03 UTC

Downtrend, momentum steady · RSI 36 · price 57.513

Lower highs, lower lows within descending channel.

Silver ground lower through the NY session, printing fresh lows near 57.26 before a shallow bounce to 57.51 as it holds inside a descending channel. RSI(14) around 36 keeps downside momentum intact below EMA20/50, with the 57.22 channel support the next line into tomorrow's US CPI.

Support: 57.258, 57.22

Resistance: 57.98

What it said to watch

  • Break below 57.22 channel support exposes 55.63
  • M15 close above 57.98 would break the descending channel and invalidate the lower-high sequence
  • US CPI tomorrow 12:30 UTC is the key catalyst and could reset this read

19:02 UTC

Downtrend, momentum intact · RSI 39 · price 57.513

Lower highs, lower lows within descending channel.

XAGUSD grinding lower through the NY session, pinned in a descending channel with a fresh session low at 57.402 as US-Iran/higher-oil hawkish-Fed fears weigh. RSI(14) near 38 keeps downside momentum intact below both EMAs; last bar closed at 57.513 near the lows.

Support: 57.402, 57.22

Resistance: 57.977

What it said to watch

  • Break of 57.22 channel support exposes 55.63
  • M15 close above 57.977 breaks the lower-high sequence
  • US CPI tomorrow 12:30 UTC is the key catalyst for this read

18:47 UTC

Downtrend, momentum persisting · RSI 40 · price 57.537

Lower highs, lower lows into session lows.

NY session ground silver to a fresh low at 57.258 within the descending channel before a shallow bounce to 57.55; RSI(14) near 40, no reversal signal. Price stays pinned below EMA20/50 as firm USD and hawkish-Fed pricing keep pressure on the metal.

Support: 57.258, 57.22

Resistance: 57.705

What it said to watch

  • M15 close below 57.22 opens the path toward 55.63
  • Reclaim of 57.705 would break the chain of lower highs
  • US CPI tomorrow 12:30 UTC is the key catalyst for this read

18:47 UTC

Downtrend, momentum sustained · RSI 37 · price 57.537

Lower highs, lower lows in descending channel.

Silver ground lower through the NY session inside a descending channel, extending the ~1.9% slide as firm USD and hawkish-Fed pricing capped any safe-haven bid, RSI(14) parked in the mid-30s. Rejection at the 57.75 swing high held; session low at 57.258 marks the nearest floor.

Support: 57.258, 57.22

Resistance: 57.751

What it said to watch

  • Break of 57.22 channel support exposes 55.63
  • Reclaim of 57.75 swing high needed to stall the lower-low chain
  • US CPI tomorrow 12:30 UTC is the key catalyst and could materially shift this read

18:32 UTC

Downtrend, momentum extending · RSI 37 · price 57.442

Lower highs and lower lows within descending channel.

Silver ground lower through the NY session inside a descending channel, tagging a session low of 57.26 before a shallow bounce to 57.44. RSI(14) near 36 and price pinned below EMA20/50; the metal stays capped as hawkish-Fed pricing offsets any safe-haven bid ahead of tomorrow's US CPI.

Support: 57.26, 57.22

Resistance: 57.70

What it said to watch

  • M15 close above 57.70 breaks the descending channel and the lower-high chain
  • Failure to hold 57.22 exposes the deeper 55.63 zone
  • US CPI Tue 12:30 UTC is the pivot and could reset this read

18:32 UTC

Downtrend, fresh lows · RSI 34 · price 57.442

Lower highs, lower lows.

Silver ground to fresh session lows at 57.44 through NY hours, extending the descending channel with an unbroken lower-high chain and price pinned below both EMAs. RSI(14) near 34 — soft but not yet stretched — with the 57.22 pivot the next test after Monday's oil-driven, hawkish-Fed selloff.

Support: 57.22

Resistance: 58.00

What it said to watch

  • M15 close below 57.22 confirms continuation toward the 55.63 area
  • Reclaim of 58.00 would break the lower-high sequence
  • US CPI Tue 12:30 UTC is the key catalyst and can shift this read

18:17 UTC

Downtrend, extended lower · RSI 31 · price 57.388

Lower highs / lower lows, descending channel.

Silver ground out a steady M15 downtrend through the NY session, printing lower highs and lower lows inside a descending channel down to 57.258. RSI(14) near 31 is stretched but not yet at an extreme; price stays pinned well below EMA20/50 with bounces capping at the channel top around 57.75.

Support: 57.258, 57.22

Resistance: 57.75

What it said to watch

  • M15 close back above channel top 57.75 would break the lower-high sequence
  • Loss of 57.22 cpi pivot opens the path toward 55.63
  • US CPI Tue 12:30 UTC is the key catalyst and could materially shift this read

18:17 UTC

Downtrend, extending lower · RSI 32 · price 57.388

Lower highs, lower lows into $57.22 pivot.

Silver ground steadily lower through NY hours, printing fresh session lows at 57.258 and pressing the $57.22 channel pivot flagged in the CPI-eve read. RSI(14) around 31 — soft but not yet extreme — with every bounce capped well below the descending resistance.

Support: 57.258, 57.22, 55.63

Resistance: 57.75

What it said to watch

  • Loss of 57.22 opens the path toward the 55.63 seven-month low
  • Reclaim of 57.75 would break the intraday sequence of lower highs
  • US CPI Tue 12:30 UTC is the pivot — could materially shift this read

18:03 UTC

Downtrend, pressing lows · RSI 34 · price 57.312

Lower highs, lower lows into session low.

NY-session silver has bled lower in a clean descending channel, stacking lower highs and lower lows to a fresh session low at 57.26, right on the 57.22 pivot. RSI(14) near 34 — soft but not yet extreme — with bounces failing well below the prior 57.71 swing.

Support: 57.258, 57.22

Resistance: 57.71

What it said to watch

  • Close below 57.22 opens the path toward the 55.63 seven-month low
  • Reclaim of 57.71 would ease the immediate downside pressure
  • US CPI Tue 12:30 UTC is the catalyst and could reshape this read

18:03 UTC

Downtrend, extending lows · RSI 33 · price 57.312

Lower highs, lower lows within descending channel.

Late NY session, silver ground to fresh session lows at $57.26 and closed $57.31, holding inside a descending channel with RSI(14) near 32. Sellers stepped in on every bounce below the $58.10 swing; $57.22 pivot is the next reference into tomorrow's US CPI.

Support: 57.22, 55.63

Resistance: 58.10

What it said to watch

  • M15 close below 57.22 pivot exposes 55.63 seven-month low
  • Reclaim of 58.10 swing high needed to break the descending channel
  • US CPI Tue 12:30 UTC is the week's catalyst and can reset this read

17:47 UTC

Downtrend, extending lower · RSI 33 · price 57.585

Descending channel, lower highs and lower lows.

Silver ground lower through the NY session, printing a fresh session low at 57.402 before stabilising near 57.58; price stays pinned below EMA20/50 inside its descending channel with RSI(14) around 33. The slide fits the hawkish-Fed/energy-inflation read weighing on the non-yielding metal ahead of tomorrow's US CPI.

Support: 57.402, 57.22

Resistance: 57.75

What it said to watch

  • Break of 57.402 session low opens the 57.22 pivot
  • M15 close back above 57.75 swing high would stall the lower-low sequence
  • US CPI Tue 12:30 UTC is the key catalyst and can reset this read

17:47 UTC

Downtrend, momentum extending · RSI 37 · price 57.585

Lower highs and lower lows, descending channel.

Silver slid through the NY session, printing a fresh session low at 57.402 before a shallow bounce stalled near 57.75. Price holds below EMA20/50 inside its descending channel with RSI(14) around 37; supply is capping every rebound as the hawkish-Fed/oil story weighs.

Support: 57.402, 57.22

Resistance: 57.751, 58.05

What it said to watch

  • M15 close back above 58.05 would break the lower-high sequence
  • Loss of 57.402 opens the 57.22 pivot
  • US CPI Tue 12:30 UTC is the week's key catalyst and could reset this read

17:32 UTC

Downtrend, extending lower · RSI 34 · price 57.575

Lower highs, lower lows.

NY session pressing new session lows; XAG bled from 58.93 down to 57.40, RSI(14) near 34 and holding just above the $57.22 channel pivot. Bounces keep capping around 58.05 with the metal pinned inside its descending channel ahead of US CPI.

Support: 57.402, 57.22

Resistance: 58.05

What it said to watch

  • Break of 57.22 exposes the 55.63 seven-month low
  • Reclaim of 58.05 needed to ease downside pressure
  • US CPI Tue 12:30 UTC is the pivot and could materially shift this read

17:32 UTC

Downtrend, fresh session lows · RSI 36 · price 57.575

Lower highs and lower lows within descending channel.

Silver ground to fresh session lows at 57.402 during NY hours, extending the descending channel with price pinned below EMA20 and EMA50 and RSI(14) near 36. Bounces keep failing at the 57.75 recent high; no reversal signal in play.

Support: 57.402, 57.22

Resistance: 57.751, 57.977

What it said to watch

  • Reclaim of 57.977 swing high would break the lower-high sequence
  • Loss of 57.402 session low exposes the 57.22 pivot
  • US CPI Tue 12:30 UTC is the week's catalyst and could materially shift this read

17:17 UTC

Downtrend, extending lower · RSI 36 · price 57.667

Lower highs, lower lows into session low.

Silver ground lower through the NY session, breaking the 57.98 swing support and printing a session low at 57.402, RSI(14) near 36 but not yet extreme. Price is pinned inside its descending channel with the pre-CPI hawkish-USD tone capping every bounce.

Support: 57.402, 57.22

Resistance: 57.977

What it said to watch

  • M15 close back above 57.977 invalidates the fresh lower-high sequence
  • Failure to hold 57.402 opens the path to the 57.22 pivot
  • US CPI Tue 12:30 UTC is the key catalyst and could reset this read

17:17 UTC

Downtrend, fresh session lows · RSI 37 · price 57.667

Lower highs and lower lows.

Silver leaked lower through the NY session, breaking to a fresh low at 57.402 before a shallow bounce to 57.667, RSI(14) near 37. Price is pinned below EMA20/50 inside its descending channel; the hawkish-Fed/energy-inflation backdrop keeps every bounce capped.

Support: 57.402, 57.22

Resistance: 57.977

What it said to watch

  • M15 close below 57.402 exposes the 57.22 pivot
  • Reclaim of 57.977 swing high needed to stall the lower-low sequence
  • US CPI Tue 12:30 UTC is the key catalyst and could reset this read

17:04 UTC

Downtrend, extending lower · RSI 34 · price 57.60

Lower highs, lower lows.

Silver ground lower through the NY session inside its descending channel, breaking prior support at 58.00 and printing a fresh session low at 57.40. Price sits at 57.60 with RSI(14) near 33; each bounce toward the 58.00 shelf has been sold.

Support: 57.40, 57.22

Resistance: 58.00

What it said to watch

  • Break of 57.40 opens the 57.22 down pivot
  • M15 close back above 58.00 would ease the downside pressure
  • US CPI Tue 12:30 UTC is the key catalyst and could reset this read

17:04 UTC

Downtrend, extending lower · RSI 34 · price 57.60

Lower highs, lower lows into session low.

Silver ground lower through the NY session, printing a fresh session low at 57.40 before stalling near 57.60, RSI(14) around 34. Price stays pinned inside its descending channel below the 58.00 round level, in line with the hawkish-Fed-into-CPI backdrop weighing on the metal.

Support: 57.40, 57.22

Resistance: 58.00

What it said to watch

  • Loss of 57.40 session low opens the 57.22 pivot
  • Reclaim of 58.00 round level would ease the downside pressure
  • US CPI (Tue 12:30 UTC) is the key catalyst and could reset this read

16:47 UTC

Downtrend, extending lows · RSI 35 · price 57.66

Lower highs, lower lows in descending channel.

NY session pushed silver to fresh session lows near 57.40 as US-Iran energy-inflation fears revived Fed-hike bets, keeping XAG pinned inside the descending channel below both EMAs. Price bounced modestly to 57.66 after the 57.40 print; lower-high structure since 58.93 stays intact.

Support: 57.402, 57.22

Resistance: 58.00

What it said to watch

  • Break of 57.22 channel support exposes 55.63 seven-month low
  • M15 close back above 58.00 round level needed to challenge lower-high structure
  • US CPI Tue 12:30 UTC could materially shift this read

16:47 UTC

Downtrend, momentum extending · RSI 32 · price 57.66

Lower highs, lower lows into fresh session lows.

XAG extended its NY-session slide to fresh lows at 57.40, breaking the 57.98 shelf as safe-haven USD flows and Fed-hike fears kept pressure on the metal. Price sits pinned near 57.66 with RSI(14) around 31, holding just above the 57.22 support flagged as the next key level. Descending channel intact under all recent lower highs.

Support: 57.40, 57.22, 55.63

Resistance: 57.98

What it said to watch

  • M15 close below 57.22 exposes 55.63 seven-month low
  • Recovery above 57.98 needed to ease the breakdown read
  • Fed Waller 16:30 UTC could shift this read intra-session

16:32 UTC

Downtrend, steady grind lower · RSI 38 · price 57.65

Lower highs and lower lows, in descending channel.

Silver ground lower through the NY session, printing a fresh session low at 57.53 before settling near 57.65, held under both EMAs within the descending channel as CENTCOM/Iran-driven yield fears weigh. RSI(14) at ~38 is soft but not oversold, leaving room in the down-leg.

Support: 57.529, 57.22

Resistance: 58.10

What it said to watch

  • Close below 57.53 opens the path to the 57.22 channel support
  • Reclaim of 58.10 needed to challenge the lower-high structure
  • US CPI Tue 12:30 UTC could materially shift this read

16:32 UTC

Downtrend, extending · RSI 37 · price 57.65

Lower highs, lower lows.

NY session pressed silver to a fresh session low at 57.53 before a shallow bounce to 57.99 was rejected, price now grinding at 57.65. Downtrend intact below both EMAs, RSI(14) near 36 with no oversold extreme yet as the descending channel holds.

Support: 57.53, 57.22

Resistance: 58.15

What it said to watch

  • Close below 57.22 range base exposes the 55.63 area
  • Reclaim of 58.15 session pivot questions the down-leg
  • Fed Waller (16:30 UTC) tone could shift this read

16:17 UTC

Downtrend, lower highs and lower lows · RSI 43 · price 57.945

Descending channel, bounce fading.

NY session extended the slide, tagging 57.53 before a shallow bounce stalled near 58.15; price is grinding back toward the lows within a descending channel. The leg lower tracked renewed hawkish-Fed/higher-yield fears ahead of Tuesday's US CPI. Structure stays a clean chain of lower highs and lower lows.

Support: 57.529, 57.22

Resistance: 58.20

What it said to watch

  • M15 close above 58.20 breaks the descending structure
  • Break below 57.53 session low exposes 57.22
  • US CPI Tue 12:30 UTC could materially shift this read

16:17 UTC

Downtrend, momentum easing · RSI 41 · price 57.945

Lower highs, lower lows; consolidating above session low.

Silver in a clean M15 downtrend, a fresh session low at 57.53 swept before a shallow bounce stalled near 58.15. RSI(14) near 41 with price capped under EMA20/50; the down-leg is tied to renewed oil/inflation-Fed pressure per the digest, and price is now grinding sideways just above 57.53 into NY hours.

Support: 57.529, 57.22

Resistance: 58.15

What it said to watch

  • M15 close above 58.15 breaks the consolidation top
  • Loss of 57.53 exposes 57.22
  • Fed Waller speaking ~16:30 UTC could shift this read

16:03 UTC

Downtrend, bounce fading · RSI 41 · price 57.974

Lower highs, lower lows into session low.

Silver bled through the NY session to a 57.53 low, in line with the oil/Iran-driven inflation-hike narrative pressuring the metal, then bounced to 58.09 before fading back to 57.97. Price holds under descending resistance with RSI(14) near 41 — no reversal structure yet.

Support: 57.529, 57.22

Resistance: 58.15

What it said to watch

  • M15 close below 57.53 exposes the 57.22 channel support
  • Reclaim above 58.15 needed to ease the lower-high pressure
  • Fed Waller 16:30 UTC could shift this read

16:03 UTC

Downtrend, momentum easing · RSI 43 · price 57.974

Lower highs and lower lows, consolidating off session low.

Silver extended its down-leg through NY, sweeping below 57.53 before buyers pushed it back to ~57.97; price holds under descending resistance and both EMAs. The move fits the bearish channel read as US-Iran-driven inflation fears lift yields against non-yielding XAG.

Support: 57.529, 57.22

Resistance: 58.20, 58.68

What it said to watch

  • Loss of 57.53 session low exposes 57.22 channel support
  • Reclaim of 58.20 pivot needed to challenge the 58.68 swing high
  • Fed Waller 16:30 UTC and Tue CPI 12:30 UTC could materially shift this read

15:47 UTC

Downtrend, bounce fading · RSI 44 · price 57.969

Lower highs, lower lows within descending channel.

NY session drove silver to a 57.53 low before a bounce to 58, now fading back to 57.97 and holding below EMA20/50 within the descending channel. Sellers capped the recovery under 58.20; move driven by renewed hawkish-Fed/higher-yield pressure into Tuesday's CPI.

Support: 57.529, 57.22

Resistance: 58.20

What it said to watch

  • M15 close below 57.53 exposes 57.22 channel support
  • Reclaim of 58.20 needed to challenge the downtrend line
  • US CPI Tue 12:30 UTC could materially shift this read

15:47 UTC

Downtrend, momentum extended · RSI 39 · price 57.969

Lower highs and lower lows, bounce off session low.

NY session extended the down-leg, silver swept the session low at 57.53 on the CENTCOM-strike/oil-driven inflation-hike narrative before recovering to 58.09. The bounce stalled under 58.20 and price has faded back to 57.97, holding within the descending channel below its moving averages.

Support: 57.529, 57.22

Resistance: 58.20

What it said to watch

  • Break below 57.529 exposes the 57.22 prior support
  • M15 close above 58.20 recent pivot would ease the downside pressure
  • Fed Waller speaks 16:30 UTC — could shift this read

15:32 UTC

Downtrend, momentum bearish · RSI 39 · price 58.032

Lower highs, lower lows; session low swept.

Silver ground lower through the NY session inside a descending channel, sweeping the 57.53 low before recovering to 58.09; RSI(14) near 39, still bearish. Oil-driven inflation/rate-hike fears (per context) keep bounces capped under the 58.19 bounce high.

Support: 57.529, 57.22

Resistance: 58.19, 58.47

What it said to watch

  • M15 close below 57.53 exposes 57.22 then the 55.63 area
  • Recovery above 58.47 needed to break the lower-high chain
  • Fed Waller speaks 16:30 UTC — could shift this read within the hour

15:32 UTC

Downtrend, corrective bounce · RSI 44 · price 58.032

Lower highs, lower lows within descending channel.

XAG extended its down-leg into the NY session, sweeping to 57.529 before a bounce back to 58.03 as CENTCOM/Iran-driven inflation-hike fears keep the metal pressured. Price sits below EMA20/50 within a descending channel; the 58.24 intraday high caps the recovery so far.

Support: 57.529

Resistance: 58.24, 58.70

What it said to watch

  • M15 close above 58.70 breaks the lower-high chain and questions the channel read
  • Loss of 57.529 session low exposes the down-leg continuation
  • US CPI Tue 12:30 UTC and Fed Waller today 16:30 UTC could materially shift this read

15:17 UTC

Downtrend, second session lower · RSI 39 · price 57.979

Descending channel, lower highs and lows.

Silver slid a second NY session, sweeping to 57.53 before a bounce back to 57.98, driven by renewed US-Iran inflation/Fed-hike fears. Price holds within a descending channel below both EMAs; RSI(14) near 39, no oversold extreme.

Support: 57.529, 57.22

Resistance: 58.15

What it said to watch

  • Break of 57.53 session low exposes 57.22 channel support
  • Reclaim of 58.15 recent high needed to challenge the lower-high sequence
  • US CPI already released; Fed Waller 16:30 UTC could shift the read

15:17 UTC

Downtrend, second-day slide · RSI 37 · price 57.979

Lower highs, lower lows within descending channel.

Silver extended its NY-session slide, sweeping to 57.529 before a shallow bounce back to ~57.98, RSI(14) near 37. Move tracks the bearish channel read as fresh Iran-strike oil/inflation fears feed hawkish-Fed pricing; price holds well below EMA20/50 with lower highs intact.

Support: 57.529, 57.22

Resistance: 58.60

What it said to watch

  • Loss of 57.529 session low exposes 57.22 channel support
  • M15 close back above 58.60 swing high would break the lower-high chain
  • US CPI already released; Fed Waller 16:30 UTC could shift this read

15:03 UTC

Downtrend, momentum heavy · RSI 42 · price 58.092

Lower highs, lower lows into session low.

Silver ground lower through the NY session, printing a fresh session low at 57.53 before a shallow bounce back to 58.09, price holding well below EMA20 inside the descending channel. RSI(14) near 41 — soft but not yet oversold — with the US-Iran-driven hawkish-Fed backdrop keeping the non-yielder pressured. Waller speaks later today and CPI lands tomorrow, either capable of shifting this read.

Support: 57.529, 57.22

Resistance: 58.47

What it said to watch

  • Loss of 57.53 session low opens the 57.22 channel support
  • Reclaim of 58.47 swing high needed to challenge the descending resistance
  • Fed's Waller (16:30 GMT) and Tue CPI are near-term catalysts

15:03 UTC

Downtrend, second-day slide · RSI 41 · price 58.092

Lower highs / lower lows into session low.

Silver extended its slide through NY hours, sweeping down to 57.529 before a shallow bounce to 58.09, holding below EMA20/50 inside the descending channel as oil-driven hawkish-Fed bets weigh. RSI(14) near 41 — soft but not oversold; lower-high sequence from 58.93 intact.

Support: 57.529, 57.22

Resistance: 58.55, 58.93

What it said to watch

  • Close below 57.53 confirms continuation toward 57.22 channel support
  • Reclaim of 58.55 would break the recent lower-high sequence
  • Fed's Waller 16:30 GMT is a nearer risk; US CPI Tue could reset the read

14:47 UTC

Downtrend, fresh lows · RSI 35 · price 57.766

Lower highs, lower lows.

Silver extended its slide through the NY session, printing a fresh intraday low at 57.529 before a shallow bounce to 57.77, price pinned below EMA20/50 inside the descending channel. Selling picked up as US-Iran risk lifted oil and hawkish-Fed pricing, and RSI(14) near 34 shows momentum firmly with the down leg without being extreme.

Support: 57.529, 57.22

Resistance: 58.24

What it said to watch

  • Break of 57.22 channel support exposes the 55.63 area
  • Reclaim of 58.24 session high needed to ease the down leg
  • Fed's Waller 16:30 GMT could shift the read; US CPI Tue 12:30 GMT is the week's catalyst

14:47 UTC

Downtrend, extending · RSI 33 · price 57.766

Lower highs, fresh session lows.

XAGUSD sold off through the NY session, printing a fresh low at 57.529 before a shallow bounce to 57.77; RSI(14) near 33, not yet extreme. Move tracks the broader hawkish-Fed/oil-inflation read weighing on the metal ahead of Waller. Price trades well below EMA20/50 with a clean chain of lower highs.

Support: 57.529, 57.22

Resistance: 58.20

What it said to watch

  • Close below 57.529 exposes the 57.22 channel support
  • Reclaim of 58.20 needed to challenge the descending resistance
  • Fed's Waller 16:30 GMT could shift this read

14:32 UTC

Downtrend, momentum extending · RSI 39 · price 57.958

Lower highs and lower lows in a descending channel.

NY session extended the selloff, silver printing a fresh session low at 57.53 before a shallow bounce to 57.96. Price stays pinned in the descending channel with RSI(14) near 38; bounces keep failing under the 58.68 swing high.

Support: 57.529, 57.22

Resistance: 58.68

What it said to watch

  • M15 close back above 58.68 needed to challenge the channel top
  • Break of 57.22 channel base opens the path toward 54.30
  • US CPI (12:30 UTC) is the week's key catalyst and could reset this read

14:32 UTC

Downtrend, extending lower · RSI 38 · price 57.958

Lower highs, lower lows within descending channel.

NY session pressed the downtrend lower, with a sweep to 57.529 on the last bar before a recovery close at 57.958; RSI(14) sub-40 but not stretched. Move fits the hawkish-Fed/higher-oil backdrop capping silver rebounds ahead of the US CPI catalyst.

Support: 57.529, 57.869

Resistance: 58.50

What it said to watch

  • M15 close below 57.529 confirms continuation and opens lower
  • Reclaim of 58.5 swing high needed to break the lower-high chain
  • Fed's Waller speaks ~16:30 UTC — could shift this read

14:17 UTC

Downtrend, pressing session lows · RSI 41 · price 58.132

Lower highs into descending channel.

Silver faded through the NY session back toward 58.13, printing lower highs inside a descending channel after rejection near 58.70. RSI(14) around 40 with price under both EMAs; the 57.869 session low is the immediate structural pivot.

Support: 57.869, 57.695

Resistance: 58.70

What it said to watch

  • M15 close below 57.695 confirms a lower-low and opens the channel base
  • Reclaim of 58.70 needed to break the lower-high sequence
  • US CPI (Wed 12:30 UTC) is the week's key catalyst and could reset this read

14:17 UTC

Downtrend, extending lower · RSI 40 · price 58.132

Lower highs, lower lows within descending channel.

XAG rolled over through NY hours, printing a fresh session low at 57.869 before the small bounce to 58.13; price holds below EMA20/50 inside the descending channel. Rejection off the 58.70 swing high confirmed the lower-high chain, RSI(14) near 40 with no oversold extreme yet.

Support: 57.869, 57.695

Resistance: 58.70

What it said to watch

  • M15 close above 58.70 breaks the lower-high sequence
  • Loss of 57.869 opens 57.695 prior low
  • US CPI 12:30 UTC could materially shift this read

14:03 UTC

Downtrend, sliding off intraday high · RSI 39 · price 58.141

Lower highs, descending channel.

XAG rolled over from the 58.90 monday high back to 58.14, tagging the 61.8% retrace of the 57.70-58.90 leg as NY hours drag it lower within the descending channel. Sellers capped the 58.70 swing high and RSI(14) sits near 39, no momentum extreme yet.

Support: 58.03, 57.70

Resistance: 58.70, 58.90

What it said to watch

  • Loss of 58.03 session low confirms continuation toward 57.70
  • M15 close back above 58.70 swing high breaks the lower-high sequence
  • US CPI Wed 12:30 UTC is the week's catalyst and could reset this read

14:03 UTC

Downtrend, second leg lower · RSI 41 · price 58.141

Lower highs into descending channel.

XAG rolled over from the 58.93 bounce high back to 58.14, printing lower highs inside the descending channel with RSI(14) near 40. Rejection at 58.68 held; price now presses the 58.03 session low as US-Iran-driven hawkish-Fed tone caps rebounds.

Support: 58.032, 57.695

Resistance: 58.68, 58.93

What it said to watch

  • Close below 57.695 confirms a fresh lower-low, opening the $57.22 area
  • Reclaim of 58.68 needed to challenge the 58.93 bounce high
  • Fed's Waller 16:30 UTC and Wed CPI could materially shift this read

13:47 UTC

Downtrend, pullback fading · RSI 42 · price 58.284

Lower highs after 57.70 bounce, ranging 58.20-58.93.

After a weekend gap lower, silver sold a second session toward 58.20, bounced off 57.70 to 58.93, then faded back to 58.28 as the USD held firm on US-Iran haven flows. RSI(14) around 42 with price below both EMAs; recent action is capped under 58.75.

Support: 58.20, 57.70

Resistance: 58.75, 58.93

What it said to watch

  • Break below 58.20 reopens the 57.70 session low
  • Close above 58.93 needed to break the lower-high sequence
  • US CPI tomorrow (12:30 UTC) is the key catalyst for this pair

13:47 UTC

Downtrend, bounce fading · RSI 41 · price 58.284

Lower highs, rejection off session high.

Silver rolled over into the NY session, fading a bounce that stalled at the 58.98 session high and getting rejected again near 58.68; price now back below EMA20 at 58.28. Move fits the hawkish-Fed/firm-USD and US-Iran oil-inflation backdrop keeping rallies capped ahead of tomorrow's US CPI.

Support: 58.00, 57.695

Resistance: 58.68, 58.981

What it said to watch

  • M15 close above 58.68 negates the fading bounce
  • Break below 58.00 opens the 57.695 swing low
  • US CPI tomorrow (12:30 UTC) could reset this read

13:32 UTC

Recovering off lows, momentum flat · RSI 49 · price 58.568

Consolidation after bounce from session low.

XAG bounced from the London-hours session low at 57.70 up to 58.93, and is now consolidating around 58.55 through NY hours with RSI mid-range. The larger picture stays a descending channel near $58; sellers capped the recovery at 58.75-58.93. US CPI tomorrow is the dominant catalyst.

Support: 58.26, 57.70

Resistance: 58.75, 58.93

What it said to watch

  • M15 close above 58.93 session high extends the recovery
  • Loss of 58.26 swing low reopens the 57.70 session low
  • US CPI (Jul 14, 12:30 UTC) could materially shift this read

13:32 UTC

Downtrend easing, consolidating · RSI 51 · price 58.568

Session low swept, ranging back into mid.

XAG slid to a 57.70 session low then rebounded to 58.93 as oil-led inflation fears kept the broader sell-the-rally regime intact; price has since settled into a 58.26–58.75 range around the 58.57 mark. RSI sits neutral near 51, ATR ~235 pips shows still-active intraday swings.

Support: 58.26, 57.77

Resistance: 58.75, 58.93

What it said to watch

  • M15 close above 58.75 opens the swing high at 58.93
  • Loss of 58.26 re-exposes the 57.77 session low
  • US CPI tomorrow 12:30 UTC is the week's catalyst and could reset this read

13:17 UTC

Downtrend, lower highs · RSI 43 · price 58.321

Sliding off intraday rally peak.

Silver rejected the 58.98 swing high during NY hours and is grinding back down toward 58.22, price now under both EMAs with RSI(14) mid-40s. Move fits the firm-USD, safe-haven backdrop capping metal rallies ahead of CPI.

Support: 58.22, 58.00, 57.695

Resistance: 58.68, 58.98

What it said to watch

  • Break below 58.00 opens the 57.70 session low
  • M15 close above 58.68 challenges the lower-high sequence
  • US CPI tomorrow 12:30 UTC is the week's key catalyst

13:17 UTC

Downtrend, rallies sold · RSI 43 · price 58.321

Lower highs into NY, descending channel.

Silver faded its early-NY pop to 58.98 and was rejected again at 58.68, back to 58.32 with RSI(14) near 42. Descending channel of lower highs intact; 58.00 psych level and the 57.70 session low sit below.

Support: 58.00, 57.70

Resistance: 58.68, 58.98

What it said to watch

  • M15 close above 58.68 rejection breaks the lower-high sequence
  • Loss of 58.00 psych exposes the 57.70 session low
  • US CPI tomorrow 12:30 UTC and Waller speech today 16:30 UTC could shift this read

13:04 UTC

Downtrend, lower highs · RSI 44 · price 58.399

Bounce failing below 58.75, lower-high chain.

Silver rolled back to 58.40 during NY hours after rejection at 58.75, extending a lower-high chain off the 58.98 swing high; oil-driven inflation fears keep rebounds capped near $59. Structure stays heavy with price below both EMAs and RSI mid-40s.

Support: 58.22, 57.695

Resistance: 58.747, 58.981

What it said to watch

  • Close below 58.22 opens the 57.695 session low
  • Reclaim of 58.75 breaks the lower-high chain
  • US CPI tomorrow 12:30 GMT is the key catalyst — could reset this read

13:04 UTC

Downtrend, corrective bounce fading · RSI 47 · price 58.399

Lower highs, bounce off session low.

Silver bounced off the 57.70 session low but the rally stalled at 58.98 and price is back to 58.40, keeping the lower-high sequence intact. Rebounds toward $60 have repeatedly failed as firmer USD/oil-driven inflation fears cap the non-yielding metal ahead of tomorrow's US CPI.

Support: 57.70, 57.22

Resistance: 58.98

What it said to watch

  • M15 close above 58.98 breaks the lower-high structure
  • Loss of 57.70 session low reopens the 57.22 pivot
  • US CPI tomorrow 12:30 GMT is the dominant catalyst for this read

12:47 UTC

Downtrend, pullback fading · RSI 46 · price 58.494

Rebound off session low, drifting lower on lower highs.

Silver opened the week gapped lower and sank to a session low at 57.70 before rebounding to 58.98, in line with the broader $59-pinned downtrend. Price has since drifted back on a sequence of lower highs, holding around the 38% retrace near 58.50 with RSI(14) in the mid-40s. US CPI tomorrow is the week's catalyst.

Support: 58.22, 57.70

Resistance: 58.75, 59.00

What it said to watch

  • Close below 58.22 exposes the session low at 57.70
  • Reclaim of 58.75 breaks the lower-high sequence toward the 59.00 ceiling
  • US CPI tomorrow 12:30 GMT could reset this read

12:47 UTC

Downtrend, corrective bounce fading · RSI 47 · price 58.494

Lower highs after bounce off 57.70.

Silver bounced off the 57.70 session low to 58.98 during NY hours but stalled, printing lower highs at 58.74 as the corrective leg fades. Price now sits mid-range near 58.49, RSI(14) flat around 47; the $59 area continues to cap per the broader bearish read tied to firmer oil and USD.

Support: 57.70

Resistance: 58.74, 58.98

What it said to watch

  • M15 close above 58.74 negates the lower-high sequence
  • Break below 58.22 reopens the 57.70 session low
  • US CPI Tue 12:30 GMT is the key catalyst and could override this intraday read

12:32 UTC

Downtrend, bounce fading · RSI 43 · price 58.293

Lower highs after recovery off session low.

NY session: silver bounced from the 57.70 session low to 58.98 before fading back to 58.29, printing lower highs and rejecting the 58.71 swing. Price sits back below EMA20/50 with RSI(14) near 42; the oil-driven inflation/hawkish-Fed backdrop keeps rebounds capped ahead of tomorrow's US CPI.

Support: 58.00, 57.695

Resistance: 58.71, 58.98

What it said to watch

  • M15 close above 58.71 negates the fade and reopens 58.98
  • Loss of 58.00 psych exposes the 57.70 session low
  • Fed's Waller (16:30 GMT) could shift USD and this read

12:32 UTC

Downtrend, pulling back · RSI 43 · price 58.293

Lower highs after 58.93 rejection.

Silver rolled over from the 58.93 session high during NY hours and is grinding back toward 58.30 near CPI-driven caps at $60. RSI(14) sub-50 with price below both EMAs; the bounce off 57.70 has stalled into lower highs.

Support: 58.00, 57.70

Resistance: 58.75, 58.93

What it said to watch

  • Close back above 58.75 negates the lower-high sequence
  • Loss of 58.00 reopens the 57.70 session low
  • US CPI Tue 12:30 GMT is the dominant catalyst and can reset this range

12:17 UTC

Downtrend, bouncing off lows · RSI 49 · price 58.523

Consolidating after a session-low bounce.

Silver slid to a session low of 57.70 as fresh Iran-strike headlines lifted oil and revived inflation fears, then bounced to a session high of 58.98 before stalling near 58.75. Now consolidating around 58.50 into the London-NY transition, RSI(14) near 49 and price pinned to EMA20.

Support: 58.27, 57.70

Resistance: 58.75, 58.98

What it said to watch

  • Close below 58.27 swing low reopens the 57.70 session low
  • Reclaim of 58.98 session high needed to challenge the $59 psych area
  • Fed's Waller (16:30 GMT) and tomorrow's US CPI are the near-term catalysts

12:17 UTC

Downtrend, rebound fading · RSI 49 · price 58.523

Bounce off 57.70 stalling below 59.00, lower highs forming.

Silver gapped lower into the session and slid to 57.70 before a rebound to 58.98 stalled; price now churns around 58.50 under a chain of lower highs. Rebounds toward 59.00 keep failing, consistent with the broader bearish read.

Support: 58.36, 58.00, 57.70

Resistance: 58.74, 58.98

What it said to watch

  • Reclaim of 58.74 puts the 58.98 rebound high back in play
  • Loss of 58.36 reopens 58.00 and the 57.70 session low
  • US CPI (Tue 12:30 GMT) and Waller (16:30 GMT) could materially shift this read

12:03 UTC

Downtrend, consolidating off lows · RSI 49 · price 58.563

Gap down, recovery then lower highs.

Silver gapped down into the session and swept 57.695 before a recovery to 58.93 that stalled; price now consolidates near 58.56 under a series of lower highs. The metal stays heavy near $59 as fresh CENTCOM strikes lift oil and revive higher-for-longer rate fears.

Support: 58.27, 57.695

Resistance: 58.928

What it said to watch

  • M15 close above 58.928 session high negates the lower-high sequence
  • Failure to hold 58.27 swing low reopens 57.695
  • Fed's Waller 16:30 GMT could shift this read

12:03 UTC

Downtrend, corrective bounce · RSI 53 · price 58.563

Gap-down then recovery, consolidating mid-range.

Silver gapped lower into the new week, extended to 57.70 before buyers stepped in and dragged price back to the mid-58s; oil-driven inflation fears keep rebounds capped. Now consolidating between 58.30 and 58.98 with RSI(14) neutral near 53 — the recovery has stalled below the session high.

Support: 58.30, 57.70, 57.22

Resistance: 58.98, 59.26

What it said to watch

  • Loss of 58.30 reopens the 57.70 swing low and the 57.22 pivot
  • Reclaim of 58.98 session high needed to extend the bounce toward 59.26
  • Fed's Waller 16:30 GMT and US CPI Tue could shift this read materially

11:47 UTC

Downtrend, near-term recovery · RSI 58 · price 58.718

Higher lows off 57.70 session low.

Silver gapped lower into the week and sold to 57.70 before a London-session bounce to 58.93, in line with the broader downtrend and firm USD. Price has since carved higher lows back to 58.72; the 58.93 swing high caps the recovery for now.

Support: 58.27, 57.70

Resistance: 58.93, 59.00

What it said to watch

  • Reclaim of 58.93 swing high opens 59.00 round-number test
  • Loss of 58.27 swing low breaks the higher-low chain toward 57.70
  • US CPI Tue and Waller today 16:30 UTC could shift this read

11:47 UTC

Downtrend, near-term bounce · RSI 57 · price 58.718

Recovering off session low, higher low forming.

XAG bounced off the session low at 57.695 to 58.928, then pulled back to a higher low near 58.27 and is now recovering to 58.72. Move sits inside a broader downtrend where oil-driven inflation fears have repeatedly capped rebounds; RSI(14) mid-range around 57.

Support: 58.274, 57.695

Resistance: 58.928, 59.00

What it said to watch

  • Close above 58.928 session high opens the 59.00 psych level
  • Failure to hold 58.27 higher low reopens 57.695 session low
  • US CPI Tue 12:30 GMT is the week's key catalyst and could reset this read

11:32 UTC

Downtrend, near-term bounce · RSI 44 · price 58.631

Basing after weekend gap-down, holding a 58.27–58.98 range.

Silver gapped down at the weekly open and based near 57.70 through Asia before recovering to 58.98; it has since settled into a 58.27–58.98 range across the London session with RSI(14) mid-40s. The broader structure stays a downtrend and each push toward $60 has failed, keeping the current bounce corrective.

Support: 58.274, 57.695

Resistance: 58.981

What it said to watch

  • M15 close above 58.98 would extend the bounce toward $60
  • Loss of 58.27 reopens the 57.70 session low
  • Waller speech 16:30 UTC could shift this read ahead of Tue CPI

11:32 UTC

Downtrend, near-term bounce · RSI 54 · price 58.631

Recovery off session low, micro higher lows.

Silver gapped lower into Monday's open and swept the session low at 57.70 before buyers pushed price back above EMA20/50, RSI(14) recovering to ~54. The bounce has stalled under the 58.92 swing high while a chain of micro higher lows holds along rising support; broader structure stays a downtrend into tomorrow's US CPI.

Support: 58.27, 57.70

Resistance: 58.92, 59.00

What it said to watch

  • M15 close above 58.92 extends the bounce toward the 59.00 psych level
  • Failure to hold 58.27 / rising support confirms a lower low back toward 57.70
  • US CPI Tue 12:30 GMT and Waller today 16:30 GMT could materially shift this read

11:17 UTC

Downtrend, bounce fading · RSI 43 · price 58.441

Lower highs, recovery rolling over.

Silver opened the week gapped lower, sold to a session low at 57.70 then recovered to 58.98 before rolling over; price now back at 58.44 below EMA20 as CENTCOM/oil-driven inflation fears keep rebounds capped. The bounce is retracing into the 58.34 midpoint with RSI(14) sub-45, session high at 58.98 unchallenged.

Support: 58.27, 57.70

Resistance: 58.98

What it said to watch

  • Reclaim of 58.98 session high would negate the fading-bounce read
  • Loss of 58.27 swing low reopens the 57.70 session low
  • US CPI Tue 12:30 GMT is the week's catalyst and could shift this read

11:17 UTC

Downtrend, bounce fading · RSI 44 · price 58.441

Lower highs, rolling over from 58.98.

Silver gapped in lower on renewed Mid-East/oil inflation fears and bounced to a session high of 58.98 before rolling back to 58.44, printing lower highs. Rejection at 58.98 keeps the intraday structure heavy above the 58.27 swing low; RSI(14) sub-50 confirms the fade.

Support: 58.27, 57.92, 57.70

Resistance: 58.98

What it said to watch

  • M15 close below 58.27 reopens the 57.92 / 57.70 lows
  • Reclaim of 58.98 negates the lower-high sequence
  • US CPI Tue 12:30 GMT could materially shift this read

11:03 UTC

Downtrend, bounce fading · RSI 42 · price 58.354

Lower highs, lower lows after gap.

Downtrend intact after the weekend gap lower; the bounce off the 57.695 swing low stalled at the 58.98 session high and price has faded back to the 50% retracement near 58.35. Sellers capped attempts at 58.50 through the session, with the 58.00 round number the next reference below.

Support: 58.00, 57.695, 57.22

Resistance: 58.50, 58.98

What it said to watch

  • Close below 57.695 confirms a lower-low and exposes the 57.22 pivot
  • Reclaim of the 58.98 session high needed to break the lower-high sequence
  • US CPI Tuesday is the week's key catalyst and could reshape this read

11:03 UTC

Downtrend, bounce fading · RSI 44 · price 58.354

Lower highs, rolling over after relief pop.

Silver gapped lower into the new week and sold off to 57.70 before a relief bounce to 58.98, which has since rolled over near the 50% fib retrace around 58.31. Price is back below EMA20/EMA50 with RSI(14) sub-45; the bounce high stamped a fresh lower high.

Support: 58.27, 57.70

Resistance: 58.51, 58.98

What it said to watch

  • Close below 58.27 exposes the 57.70 swing low
  • Reclaim of 58.51 needed to re-challenge the 58.98 bounce high
  • US CPI Tue 12:30 GMT is the week's catalyst and can reshape this read

10:47 UTC

Downtrend, corrective bounce fading · RSI 42 · price 58.339

Lower high after bounce off session low.

Silver bounced off the 57.70 session low to 58.98 during the London session, then rolled over — now 58.339 with RSI(14) cooling and price back below EMA20/50. Rejection at the 58.98 bounce high left a lower high in place, keeping the intraday downtrend intact ahead of tomorrow's US CPI.

Support: 58.00, 57.70

Resistance: 58.50, 58.90

What it said to watch

  • M15 close below 58.00 exposes the 57.70 session low
  • Close above 58.50 would challenge the 58.90 bounce high and question the lower-high read
  • Waller speaks 16:30 GMT — could shift this read

10:47 UTC

Downtrend, bounce fading · RSI 42 · price 58.339

Lower highs, bounce off 57.70 rejected near 58.98.

Silver bounced off the 57.70 swing low to 58.98 before the rally rolled over, with price fading back to 58.34 on a chain of lower highs; RSI(14) sits mid-40s. The metal stays heavy near $59 as oil-driven inflation fears cap every rebound. Move sizing runs ~170 pips per bar.

Support: 58.274, 58.00, 57.695

Resistance: 58.981

What it said to watch

  • Close back above 58.98 bounce high would break the lower-high sequence
  • Loss of 58.27 session low reopens 58.00 psych then 57.70 swing low
  • US CPI Tue 12:30 GMT is the key catalyst and could reset this read

10:32 UTC

Downtrend, bounce fading · RSI 44 · price 58.394

Lower highs, pullback off 58.98.

Silver rebounded off the 57.77 session low to 58.98, then rolled over into a lower high and is back near 58.40 with RSI(14) mid-40s. The relief bounce toward $60 failed well short, keeping the intraday lower-high sequence intact ahead of tomorrow's US CPI.

Support: 58.08, 57.77

Resistance: 58.98

What it said to watch

  • Close below 58.08 exposes the 57.77 session low
  • Reclaim of 58.98 needed to negate the lower-high structure
  • US CPI Tue 12:30 GMT is the week's key catalyst

10:32 UTC

Downtrend, bounce fading · RSI 44 · price 58.394

Lower highs after weekend gap down.

Silver gapped lower into the new week and sold off to 57.70, then a London-hours bounce stalled at 58.98 before fading back to 58.39. Lower highs remain intact and rebounds under $59 keep failing, consistent with the broader bearish read ahead of tomorrow's US CPI.

Support: 58.36, 57.70

Resistance: 58.98

What it said to watch

  • M15 close above 58.98 would break the lower-high sequence
  • Failure to hold 58.36 opens a retest of the 57.70 session low
  • US CPI Tue 12:30 GMT could materially shift this read

10:17 UTC

Downtrend, corrective bounce fading · RSI 43 · price 58.443

Lower highs; pullback after failed recovery to session high.

Silver bounced off the 57.695 session low to 58.98 before rolling over, and is now retracing the move as rebounds near $60 keep failing ahead of tomorrow's US CPI. RSI(14) cooling near 43 with price back below EMA20.

Support: 57.77, 57.22

Resistance: 58.98

What it said to watch

  • M15 close above 58.98 invalidates the pullback read
  • Break below 57.77 resumes the downtrend toward the 57.22 pivot
  • Waller speaks 16:30 GMT — could shift USD tone

10:17 UTC

Downtrend, bounce fading · RSI 44 · price 58.443

Lower highs after weekend gap down.

Silver gapped lower into the new week and sank to 57.695 in the London morning before a relief bounce to 58.981 stalled. Price is now fading back through 58.44 into the lower-high structure, RSI(14) mid-40s with no oversold stretch.

Support: 58.06, 57.695

Resistance: 58.981

What it said to watch

  • Reclaim of 58.981 would break the intraday lower-high sequence
  • Loss of 58.06 re-exposes the 57.695 session low
  • Waller speaks 16:30 UTC — could shift the read into NY hours

10:03 UTC

Downtrend, corrective bounce fading · RSI 47 · price 58.468

Lower highs, bounce rejected below 59.00.

Silver gapped lower into the week and slid to a 57.695 session low before a London bounce stalled at 58.98, and price is now unwinding to 58.47. The rebound off 57.70 tracks the broader lower-high structure; supply capped the move under 59.00 as Mid-East oil headlines keep the metal heavy.

Support: 57.695, 57.22

Resistance: 58.98, 59.36

What it said to watch

  • M15 close above 58.98 negates the lower-high read and reopens 59.36
  • Break below 57.695 exposes the 57.22 pivot
  • Fed's Waller 16:30 GMT and US CPI tomorrow could materially shift this read

10:03 UTC

Downtrend, corrective bounce fading · RSI 46 · price 58.468

Lower highs and lower lows after weekend gap down.

Silver gapped lower into the new week and printed a 57.70 swing low before a corrective bounce stalled at the 58.93 session high. Price is rolling back over near 58.47, holding above EMA20 but capped by the descending lower-high structure; RSI(14) sits mid-40s.

Support: 58.08, 57.70

Resistance: 58.93

What it said to watch

  • Reclaim and close above 58.93 would break the intraday lower-high chain
  • Loss of 58.08 reopens the 57.70 swing low
  • Fed's Waller 16:30 UTC could shift the read; US CPI tomorrow is the week's catalyst

09:47 UTC

Downtrend, corrective bounce fading · RSI 56 · price 58.608

Weekend gap down, bounce off 57.70 rejected near 58.98.

Silver gapped lower into the new week and slid to 57.70 before a NY bounce reclaimed 58.98, which capped the move and price is now easing back toward 58.60 with RSI(14) cooling from mid-60s. The prior sell-off followed renewed Mid-East/oil inflation fears; the session high near 58.98 has held as the immediate rebound ceiling.

Support: 58.30, 57.77

Resistance: 58.98, 59.26

What it said to watch

  • US CPI Tue 12:30 UTC is the week's key catalyst and could materially shift this read
  • Reclaim and hold above 58.98 needed to extend the bounce toward 59.26
  • Loss of 58.30 reopens the 57.77 session low

09:47 UTC

Downtrend, bounce fading · RSI 48 · price 58.608

Recovery off 57.70 low, rejected at 58.98.

Silver bounced from the 57.70 session low back to 58.98 before rolling over into the European session, now trading 58.61 with RSI(14) neutral near 48. The 58.98 rejection keeps the broader lower-high structure intact after last week's slide toward $57.

Support: 58.00, 57.70

Resistance: 58.98, 59.26

What it said to watch

  • M15 close above 58.98 negates the rejection and reopens 59.26
  • Loss of 58.00 puts the 57.70 session low back in play
  • Fed's Waller speaks 16:30 GMT; US CPI tomorrow could reset this read

09:33 UTC

Downtrend, countertrend bounce fading · RSI 52 · price 58.661

Gap-down low then recovery, pulling back off session high.

Silver gapped lower to open the session near 58.87 and sellers pressed to a 57.70 low before a London-session bounce ran back to the 58.98 session high. Price is rejecting there and pulling back to 58.66, RSI cooling from the bounce peak toward mid-range. Broader structure stays a downtrend within the sub-59 zone.

Support: 58.00, 57.70

Resistance: 58.98, 59.36

What it said to watch

  • Loss of 58.00 reopens the 57.70 session low
  • Reclaim of 58.98 needed to extend the bounce toward 59.36
  • US CPI Tue 12:30 UTC could reset this range

09:32 UTC

Downtrend, intraday bounce · RSI 56 · price 58.661

Higher low off 57.70, recovering into London.

Silver based at the 57.70 session low in early London and rallied to 58.98, then eased back toward the 58.30 breakout base — RSI(14) cooling near 56. Price holds above EMA20/50 but the broader lower-high/lower-low structure into $59 remains bearish.

Support: 58.30, 58.00, 57.695

Resistance: 58.981

What it said to watch

  • Loss of 58.30 breakout base reopens 58.00 and the 57.70 session low
  • Reclaim and hold above 58.98 session high needed to extend the bounce
  • Fed's Waller speaks 16:30 UTC; US CPI Tue is the dominant risk into the next sessions

09:17 UTC

Downtrend, corrective bounce · RSI 53 · price 58.685

Recovery off session low, rejected sub-59.00.

Silver bounced off the 57.70 session low through the London morning and tagged 58.98 before rejecting back to 58.68, RSI cooling from mid-range. Broader tone stays lower-high/lower-low, with the recovery so far capped below the 59.00 pivot ahead of Tuesday's US CPI.

Support: 58.00, 57.70

Resistance: 58.98

What it said to watch

  • Reclaim of 58.98 and a push through 59.00 would extend the bounce
  • Failure to hold 58.00 reopens the 57.70 session low
  • Fed's Waller 16:30 UTC could shift this read

09:17 UTC

Intraday recovery within broader bear structure · RSI 54 · price 58.685

Higher lows off session low, stalling under 58.98.

London session clawed back from the 57.70 session low to 58.98 before rejection stalled the bounce, price now easing to 58.68. The intraday recovery sits inside a broader bear structure near $59, with silver pressured by firm US yields ahead of Tuesday's CPI.

Support: 58.27, 57.70

Resistance: 58.98

What it said to watch

  • Close back below the 58.27 hl pivot signals the intraday bounce rolling over toward 57.70
  • Break above the 58.98 session high extends the recovery
  • US CPI Tue 12:30 UTC will materially shift this read

09:04 UTC

Downtrend, recovery bounce underway · RSI 57 · price 58.821

Lower low at 57.70, higher lows since.

Week reopened with a gap-down; silver sold through the London-into-NY hours to a session low of 57.70 before buyers stepped in, lifting price back to 58.98 and now holding 58.82. Rising lows off the low mark a recovery bounce, but the move stalls under the session high with the broader sub-$60 lower-high structure intact.

Support: 57.70, 57.22

Resistance: 58.98, 59.36

What it said to watch

  • M15 close above 58.98 opens the path to 59.36
  • Failure to hold 57.70 exposes the 57.22 pivot
  • US CPI Tue 12:30 UTC could materially shift this read

09:04 UTC

Short-term recovery within broader bearish tone · RSI 62 · price 58.821

Gap down then higher-low grind off 57.70.

Silver gapped down at the Asian open and bottomed at 57.70, then built a chain of higher lows through the London session back to 58.98. Price is now pausing just under the session high at 58.98 with RSI(14) around 62; the recovery sits inside the broader sub-$60 bearish structure flagged into tomorrow's US CPI.

Support: 58.27, 57.70

Resistance: 58.98, 59.26

What it said to watch

  • M15 close above 58.98 session high extends the recovery toward 59.26
  • Failure to hold 58.27 pivot reopens the 57.70 session low
  • US CPI Tue 12:30 UTC could materially shift this read

08:47 UTC

Downtrend, sharp bounce underway · RSI 61 · price 58.898

Weekend gap lower, recovery off session low.

Silver gapped lower over the weekend and bled to a session low at 57.70 before a sharp recovery back to 58.90, breaking out of the 58.1–58.5 consolidation; RSI(14) rebounding off the lows. Bounces toward $60 keep getting sold amid the firm-yields narrative into Tuesday's US CPI.

Support: 58.27, 57.70, 57.22

Resistance: 59.00, 59.26

What it said to watch

  • Close above 59.00 opens the 59.26 prior high and the $60 rebound cap
  • Failure to hold 58.27 pivot reopens the 57.70 session low and 57.22 key pivot
  • US CPI Tue 12:30 UTC could materially shift this read

08:47 UTC

Downtrend, corrective bounce underway · RSI 62 · price 58.898

Post-gap selloff, higher lows into London.

Silver gapped lower into the new week and bottomed at 57.70 before London bought it back to 58.90; the recovery is a corrective bounce inside a broader sub-$60 downtrend, RSI(14) at 62 with no extreme. Rebounds toward the 59.10 swing keep the wider bearish structure intact.

Support: 58.08, 57.695

Resistance: 59.10, 59.364

What it said to watch

  • M15 close above 59.10 opens the 59.364 gap fill
  • Failure to hold 58.08 exposes the 57.695 session low
  • US CPI Tue 12:30 UTC is the dominant risk for this pair

08:32 UTC

Recovering off session low, sub-$60 · RSI 61 · price 58.828

Weekend gap down, V-recovery into London.

Silver gapped down over the weekend, opened near 58.87 and sold to a 57.695 session low before a steady London-hours recovery back toward 59. RSI(14) has swung to ~61 on the bounce; per context, moves toward $60 have repeatedly been sold.

Support: 58.30, 57.695

Resistance: 59.00, 59.364

What it said to watch

  • Close above 59.00 opens the 59.364 session high
  • Failure to hold 58.30 re-exposes the 57.695 session low
  • US CPI Tue 12:30 UTC could materially shift this read

08:32 UTC

Downtrend, corrective bounce underway · RSI 61 · price 58.828

Post-gap lower lows, buyers reclaiming 58.80.

Silver opened the week with a gap lower from Friday's 59.85 close, extending to a session low of 57.70 before buyers stepped in and lifted price back to 58.83. The recovery has reclaimed the 58.00 handle with RSI(14) climbing off oversold, but the broader post-gap structure remains lower-lows and 59.00 caps rebounds — consistent with the firm-yields/hawkish-Fed backdrop.

Support: 58.00, 57.695

Resistance: 59.00, 59.364

What it said to watch

  • Close above 59.00 opens a run at the 59.36 post-gap high
  • Failure to hold 58.00 reopens the 57.70 session low
  • US CPI Tue 12:30 UTC could materially shift this read

08:17 UTC

Intraday downtrend, sharp bounce underway · RSI 62 · price 58.935

Swept session low, recovering toward $59.

Silver swept the session low at 57.695, printed a matching low near 57.84, then rallied ~1.2 through NY hours to reclaim 58.90; RSI(14) at 62 after the push. Bounces into $59 sit under the broader lower-high structure with the weekend gap-down still overhead.

Support: 58.10, 57.695

Resistance: 59.364

What it said to watch

  • Close above 59.364 negates the intraday lower-high read
  • Failure to hold 58.10 reopens 57.695 session low
  • US CPI Tue 12:30 UTC can materially reprice this move

08:17 UTC

Downtrend, corrective bounce underway · RSI 61 · price 58.935

Lower highs sub-60, rebound off swing low.

Silver rebounding off the 57.70 swing low, breaking back through the 58.10 base and rallying toward 59.00 during London hours; RSI(14) recovering near 60 off oversold. Broader structure still prints lower highs sub-60 after Friday's sell-off, with the 59.00 round number and 59.36 prior high capping the bounce.

Support: 58.10, 57.695, 57.22

Resistance: 59.00, 59.364

What it said to watch

  • M15 close above 59.36 prior high breaks the lower-high sequence
  • Loss of 58.10 base reopens the 57.70 swing low and 57.22 pivot
  • US CPI Tue 12:30 UTC could materially shift this read

08:03 UTC

Downtrend, near-term bounce · RSI 54 · price 58.557

Lower highs sub-$60, recovering off session low.

London session recovered off the 57.70 session low back to 58.557, RSI(14) lifting out of the lows. Sub-$60 lower-high structure stays intact; prior bounces toward 59.00 kept getting sold.

Support: 57.70, 57.22

Resistance: 59.00

What it said to watch

  • Reclaim of 59.00 needed to challenge the descending resistance
  • Loss of 57.70 exposes the 57.22 pivot
  • US CPI tomorrow could materially shift this read

08:03 UTC

Downtrend, bounce underway · RSI 49 · price 58.557

Lower highs post weekend gap-down.

Silver gapped lower into Monday's open and sold through the London morning to a session low at 57.695 before bouncing to 58.55. Rebounds toward the $60 area have kept failing per the broader bearish structure; price is now testing the descending lower-high chain from 59.364.

Support: 57.695, 57.22

Resistance: 58.86, 59.364

What it said to watch

  • Break of 57.695 exposes the 57.22 pivot
  • Reclaim of 58.86 gap high needed to challenge the lower-high sequence
  • US CPI Tue 12:30 UTC is the dominant catalyst — could reprice this read

07:47 UTC

Downtrend, bounce off session low · RSI 49 · price 58.321

Lower highs, testing recovery after gap down.

Weekend gap down from 59.85 opened the week soft; price sold to a session low at 57.695 before buyers stepped in, recovering to 58.32. RSI(14) near 49 and price back above EMA20, but rebounds keep failing under the descending line of lower highs with $60 the broader rebound cap.

Support: 57.695, 57.22

Resistance: 58.52, 58.90

What it said to watch

  • M15 close above 58.52 opens the 58.90 gap area
  • Loss of 57.695 exposes the 57.22 key pivot
  • Fed's Waller (16:30 UTC) could shift near-term tone ahead of CPI

07:47 UTC

Downtrend, bouncing off session low · RSI 47 · price 58.321

Lower highs, corrective bounce underway.

Silver traded a clean intraday downtrend into the London session, printing a session low at 57.695 before a bounce to 58.32 — roughly the 38.2% retrace of the 59.36-57.695 leg. Rebounds toward $60 keep getting sold in the broader bearish structure; RSI has recovered off its lows but sits mid-range.

Support: 57.695, 57.22

Resistance: 58.521

What it said to watch

  • M15 close above 58.52 breaks the descending lower-high sequence
  • Failure to hold 57.695 exposes the 57.22 pivot
  • US CPI Tue 12:30 UTC is the dominant catalyst and could shift this read

07:32 UTC

Downtrend, bounce off lows · RSI 45 · price 58.192

Lower highs, lower lows after weekend gap down.

Silver gapped lower into the new week and extended a lower-high chain down to 57.695 before buyers stepped in, lifting it back to 58.19 in the London session. RSI(14) has recovered off the lows but structure remains bearish under the descending highs; bounces toward 58.52 keep getting sold ahead of tomorrow's US CPI.

Support: 57.695, 57.22

Resistance: 58.521

What it said to watch

  • M15 close above 58.521 breaks the lower-high chain
  • Break of 57.695 exposes the 57.22 pivot
  • US CPI Tue 12:30 UTC could materially shift this read

07:32 UTC

Downtrend, bouncing off session low · RSI 47 · price 58.192

Lower highs, chain of lower lows.

Silver bled lower through London hours in a clean lower-high, lower-low chain, tagging 57.695 before a bounce back to 58.19. Rebounds keep failing near 58.52 as the firm-yields, hawkish-Fed narrative caps upside ahead of tomorrow's US CPI.

Support: 57.695, 57.22

Resistance: 58.521

What it said to watch

  • Loss of 57.695 confirms the next lower-low and exposes the 57.22 pivot
  • M15 close back above 58.521 breaks the lower-high sequence
  • US CPI Tue 12:30 UTC could materially shift this read

07:17 UTC

Downtrend, corrective bounce · RSI 44 · price 58.202

Lower highs, lower lows.

Silver opened the week with a gap lower and extended through the Asian range into London, printing 57.695 before a bounce to 58.20. Downtrend intact with RSI(14) near 44; price is capped under a chain of descending highs, 58.52 the nearest.

Support: 57.70, 57.22

Resistance: 58.52

What it said to watch

  • M15 close above 58.52 breaks the lower-high sequence
  • Loss of 57.70 opens the 57.22 pivot
  • Fed speakers Bowman (09:25 UTC) and Waller (16:30 UTC) could shift this read

07:17 UTC

Downtrend, bounce off lows · RSI 45 · price 58.202

Lower highs, lower lows; recovering off session low.

Silver stayed in a clean M15 downtrend through the London morning, selling to a 57.70 session low before buyers stepped in twice around 57.70-57.90 to spark a bounce back to 58.22. RSI(14) recovering from oversold toward 45; the descending sequence of lower highs remains intact below 58.52.

Support: 57.695, 57.22

Resistance: 58.521, 59.083

What it said to watch

  • M15 close below 57.70 confirms a lower low and exposes the 57.22 pivot
  • Reclaim of the 58.52 swing high needed to challenge 59.08 prior high
  • US CPI Tue 12:30 UTC is the dominant catalyst and could reset this read

07:03 UTC

Downtrend, lower highs and lows · RSI 37 · price 57.954

Descending, session low being tested.

Silver in a clear intraday downtrend, stringing lower highs and lower lows down to a session low at 57.70; the bounce to 58.19 was rejected and price is grinding back toward the base. RSI(14) sits in the mid-30s, soft but not yet oversold, with US CPI tomorrow the acknowledged pivot.

Support: 57.695, 57.22

Resistance: 58.194

What it said to watch

  • Close below 57.695 exposes the 57.22 pivot
  • Reclaim of 58.194 breaks the lower-high chain
  • US CPI Tue 12:30 UTC could materially reset this read

07:03 UTC

Downtrend, fresh lows · RSI 37 · price 57.954

Lower highs, lower lows into session low.

Silver extended its downtrend through the session, printing fresh lows at 57.695 before a shallow bounce to 57.95, RSI(14) mid-30s but not yet extreme. Descending channel intact; supply capped every push near 58.52.

Support: 57.695, 57.22

Resistance: 58.52

What it said to watch

  • M15 close back above 58.52 breaks the descending channel and the lower-high sequence
  • Failure to hold 57.695 exposes the 57.22 pivot
  • US CPI Tue 12:30 UTC is the dominant catalyst and could override this read

06:47 UTC

Downtrend, bounce underway · RSI 41 · price 58.097

Lower highs, lower lows into session low.

Downtrend intact through the London session — silver slid from 59.36 to a 57.70 session low before a modest bounce to 58.10, RSI(14) near 41. Descending highs keep capping rallies and price sits below both EMAs; US CPI at 12:30 UTC is the pivot.

Support: 57.695, 57.22

Resistance: 58.521

What it said to watch

  • M15 close above 58.52 breaks the descending high sequence
  • Failure to hold 57.70 exposes the 57.22 pivot
  • US CPI 12:30 UTC could materially shift this read

06:47 UTC

Downtrend, oversold bounce · RSI 44 · price 58.097

Lower highs, lower lows off week-open gap.

Silver gapped lower at the week open and extended to 57.695 before a bounce back to 58.10 into the London session. Price holds below EMA20/50 in an intact downtrend, RSI(14) recovering from oversold but still sub-50 with the session high at 58.521 capping.

Support: 57.695, 57.22

Resistance: 58.521, 58.99

What it said to watch

  • M15 close above 58.521 challenges the gap zone toward 58.99
  • Failure to hold 57.695 opens the 57.22 pivot
  • US CPI Tue 12:30 UTC is the dominant catalyst and could reset this read

06:32 UTC

Downtrend, fresh lows · RSI 36 · price 57.97

Lower highs, lower lows.

Silver reopened below Friday's close and ground lower through the session, printing a fresh low at 57.695 before the current bounce to 57.97. Sellers capped every push, with the 58.31/58.52 band unbroken; RSI(14) near 36, not yet stretched. Hawkish-Fed narrative keeps rallies heavy into tomorrow's US CPI.

Support: 57.695, 57.22

Resistance: 58.31, 58.52

What it said to watch

  • Loss of 57.695 confirms continuation toward the 57.22 pivot
  • Reclaim of 58.52 breaks the lower-high chain
  • US CPI Tue 12:30 UTC could materially shift this read

06:32 UTC

Downtrend, extending lower · RSI 35 · price 57.97

Lower highs, lower lows since week open.

Silver gapped down at week open and has trended steadily lower, printing a fresh session low at 57.695 before a shallow bounce to 57.97. Sellers capped every attempt near the descending lower-high line; RSI(14) sits mid-30s, not yet oversold, in line with the dominant hawkish-Fed narrative pinning the metal.

Support: 57.695, 57.22

Resistance: 58.52

What it said to watch

  • Loss of 57.695 confirms downtrend continuation toward the 57.22 pivot
  • A reclaim of 58.52 would break the lower-high sequence
  • US CPI Tue 12:30 UTC is the dominant catalyst and could reprice this read

06:17 UTC

Downtrend, lower lows extending · RSI 33 · price 57.826

Gap-down continuation, fresh session lows.

Silver gapped down into the new week below 58.87 and sellers pressed through Asian hours, breaking 58.10 and marking a fresh session low at 57.70 with RSI(14) near 33. Structure is a clean lower-high/lower-low chain, price trapped below both MAs as the hawkish-Fed narrative caps rebounds ahead of CPI.

Support: 57.695, 57.22

Resistance: 58.10

What it said to watch

  • M15 close back above 58.10 questions the lower-low sequence
  • Break of 57.22 pivot exposes 55.63
  • US CPI Tue 12:30 UTC could materially reshape this read

06:17 UTC

Downtrend, momentum extending · RSI 33 · price 57.826

Lower highs, lower lows.

Silver ground lower through the Asian session, breaking the 58.00 psych level and printing a fresh session low at 57.695 before a small bounce to 57.83. Chain of lower highs intact off 59.36, RSI(14) around 33 and not yet at extreme, with sellers still in control below both MAs.

Support: 57.695, 57.22

Resistance: 58.00, 58.52

What it said to watch

  • Reclaim above 58.52 breaks the lower-high chain
  • Break of 57.22 pivot opens 55.63
  • US CPI Tue 12:30 UTC is the dominant catalyst and could shift this read

06:03 UTC

Downtrend, lower highs intact · RSI 44 · price 58.098

Gap-down open, lower-high/lower-low chain.

Silver gapped down into the new week and extended lower, printing a session low at 57.92 before a shallow bounce to 58.10. Price holds below both EMAs with a clean lower-high chain; RSI(14) near 44, no extreme. The hawkish-Fed narrative continues to cap rebounds ahead of tomorrow's US CPI.

Support: 57.92

Resistance: 58.52

What it said to watch

  • M15 close below 57.92 exposes the 57.22 pivot
  • Reclaim above 58.52 needed to break the lower-high chain
  • Fed's Bowman (09:25 UTC) speech could shift USD and this read

06:03 UTC

Downtrend, momentum easing near lows · RSI 43 · price 58.098

Lower highs, lower lows post weekend gap.

Silver opened with a weekend gap down toward 58.87 and has bled lower through Asia, printing a fresh session low at 57.92 before a shallow bounce to 58.10. Price stays pinned below EMA20/50 in a clean lower-high chain, RSI(14) mid-40s with no divergence — the hawkish-Fed narrative into tomorrow's CPI keeps rebounds capped.

Support: 57.92, 57.22

Resistance: 58.52

What it said to watch

  • Loss of 57.92 confirms continuation toward the 57.22 pivot
  • Reclaim of 58.52 needed to break the lower-high sequence
  • US CPI Tue 12:30 UTC is the dominant catalyst and could reset this read

05:47 UTC

Downtrend, losses slowing near lows · RSI 43 · price 58.276

Lower highs into a 57.92-58.52 base.

Silver opened the week gapping lower and grinding down to a session low of 57.92 before recovering to 58.28, RSI(14) mid-40s. Sellers keep capping bounces at 58.52 while buyers stepped in at the 57.92 sweep; price is basing in a tight 57.92-58.52 band below the moving averages.

Support: 57.92

Resistance: 58.52

What it said to watch

  • M15 close above 58.52 challenges the lower-high sequence
  • Break of 57.92 confirms a fresh lower low, exposing 57.22
  • US CPI Tue 12:30 UTC is the dominant catalyst and could reset this read

05:47 UTC

Downtrend, bounce off lows · RSI 47 · price 58.276

Lower highs, weekend gap down.

Silver gapped down over the weekend and extended lower into the 57.92 session low before a modest bounce to 58.28. RSI(14) neutral near 47 with price capped below EMA20/50 and lower highs intact ahead of tomorrow's US CPI.

Support: 57.92

Resistance: 58.52

What it said to watch

  • Reclaim of 58.52 swing high needed to break the lower-high sequence
  • Loss of 57.92 session low extends the downtrend toward the 57.22 pivot
  • US CPI Tue 12:30 UTC is the dominant catalyst and could reset this read

05:32 UTC

Downtrend, extending lower · RSI 32 · price 57.979

Lower highs, lower lows into session low.

Silver gapped down into the Monday Asia session and sold off steadily, printing a fresh session low at 57.92 with price at 57.98, below both EMAs. RSI(14) near 32 is stretched but consistent with the intact lower-high/lower-low channel; the hawkish-Fed narrative keeps rebounds capped ahead of US CPI.

Support: 57.92, 57.22

Resistance: 58.52

What it said to watch

  • Break below 57.92 opens the 57.22 pivot
  • Reclaim of 58.52 needed to challenge the downtrend structure
  • US CPI Tue 12:30 UTC could materially shift this read

05:32 UTC

Downtrend, fresh lows · RSI 34 · price 57.979

Lower highs, lower lows.

Silver gapped down over the weekend and has extended lower through Monday's Asia session, printing fresh lows at 57.92 with price now 57.979 well below both EMAs. Sellers capped every rebound at descending highs (59.36 to 58.52); RSI(14) near 33, hot but not yet extreme.

Support: 57.92, 57.22

Resistance: 58.52, 59.36

What it said to watch

  • Break of 57.92 opens the 57.22 pivot
  • Reclaim of 58.52 needed to break the lower-high chain
  • US CPI Tue 12:30 UTC could materially shift this read

05:17 UTC

Downtrend, minor bounce underway · RSI 42 · price 58.454

Lower highs and lows, session low tested twice.

Silver has bled lower through the Asian session, printing a session low at 58.00 as the hawkish-Fed narrative keeps rebounds capped below the moving averages. The last two bars bounced to 58.52, but price still sits under EMA20/50 with RSI recovering off mid-40s; the lower-high chain remains intact.

Support: 58.00, 57.22

Resistance: 58.52, 58.88

What it said to watch

  • Failure to hold 58.00 opens the 57.22 pivot
  • Reclaim of 58.88 needed to break the lower-high sequence
  • US CPI Tue 12:30 UTC could materially shift this read

05:17 UTC

Downtrend, oversold bounce · RSI 44 · price 58.454

Lower highs / lower lows, basing near 58.00.

Silver ground lower through the session from ~58.90 to a session low at 57.986, twin lows near 58.00 forming a base before a bounce to the 58.52 swing high, now 58.45. Move sits below both EMAs with RSI(14) recovering off sub-40, price pinned by the hawkish-Fed cap ahead of Tuesday's US CPI.

Support: 57.986, 58.00

Resistance: 58.521, 58.732

What it said to watch

  • Close above 58.732 prior high breaks the lower-high chain
  • Failure to hold 57.986 session low opens the 57.22 pivot
  • US CPI Tue 12:30 UTC could materially shift this read

05:04 UTC

Downtrend, basing near lows · RSI 39 · price 58.137

Lower highs / lower lows post weekend gap.

Silver gapped lower into the week open and sold from 59.26 down through 58.00, sellers capping every bounce along a chain of lower highs. Price is now basing between the 57.99 session low and 58.24, RSI(14) around 39; the hawkish-Fed narrative keeps rebounds heavy ahead of tomorrow's US CPI.

Support: 57.99, 57.22

Resistance: 58.24, 58.50

What it said to watch

  • M15 close below 57.99 confirms a fresh lower-low and opens the 57.22 pivot
  • Reclaim of 58.50 needed to break the lower-high sequence
  • US CPI Tue 12:30 UTC could materially shift this read

05:04 UTC

Downtrend, momentum slowing near lows · RSI 39 · price 58.137

Lower highs, lower lows; consolidating at session base.

Silver gapped lower into the new week and bled through the London hours, printing successive lower highs down to a 57.99 session low. Price is now consolidating 58.00-58.24 with RSI(14) off its extreme; the hawkish-Fed narrative keeps rebounds capped ahead of Tuesday's US CPI.

Support: 57.99, 57.22

Resistance: 58.24, 58.50

What it said to watch

  • Break of 57.99 session low opens the 57.22 pivot
  • M15 close above 58.50 breaks the lower-high sequence
  • US CPI Tue 12:30 UTC could materially shift this read

04:47 UTC

Downtrend, lower highs and lows · RSI 36 · price 58.13

Weekend gap down, sellers pressing new lows.

Silver opened the week with a gap down from Friday's 59.85 area to 58.87 and has since extended lower, tagging 57.99 before a shallow bounce to 58.13. Lower highs and lower lows dominate with price locked under both MAs, consistent with the hawkish-Fed cap into tomorrow's US CPI; RSI(14) near 36, not yet oversold.

Support: 58.00, 57.22

Resistance: 58.60, 58.87

What it said to watch

  • loss of 58.00 swing low opens the 57.22 pivot
  • M15 close back above 58.60 session high needed to challenge the gap open at 58.87
  • US CPI Tue 12:30 UTC could materially reset this read

04:47 UTC

Downtrend, pressing lows · RSI 37 · price 58.13

Lower highs, lower lows; consolidating near session low.

Silver ground lower through the Asia session, chained lower highs from 59.36 down to a fresh low at 57.99, trading below both MAs on the hawkish-Fed narrative. Price now stalling in a tight 58.00-58.16 band above the session low, RSI(14) mid-30s but not yet oversold.

Support: 58.00, 57.22

Resistance: 58.52

What it said to watch

  • M15 close below 58.00 confirms a lower-low and opens 57.22 pivot
  • Reclaim of 58.52 recent high needed to break the lower-high sequence
  • US CPI Tue 12:30 UTC could materially shift this read

04:32 UTC

Downtrend, fresh session lows · RSI 31 · price 58.143

Lower highs, lower lows.

Silver gapped lower into the new session and extended the down-leg to 58.00, printing a clean chain of lower highs and lower lows with RSI(14) around 31. The bounce off 58.00 has stalled under 58.20, keeping the intraday downtrend intact ahead of tomorrow's US CPI.

Support: 58.00, 57.22

Resistance: 58.60

What it said to watch

  • Break of 58.00 session low opens the 57.22 pivot
  • Reclaim of 58.60 prior high would challenge the lower-high sequence
  • US CPI Tue 12:30 UTC could materially shift this read

04:32 UTC

Downtrend, momentum sustained · RSI 35 · price 58.143

Lower highs, lower lows post gap.

Silver gapped down over the weekend break and extended lower through the session, carving a lower low at 58.00 from a post-gap high of 59.36. Downtrend intact with RSI(14) near 35; price is grinding just above the 58.00 session low. Hawkish-Fed narrative continues to cap rebounds into tomorrow's US CPI.

Support: 58.00, 57.22

Resistance: 58.60

What it said to watch

  • M15 close below 58.00 opens the 57.22 pivot
  • Reclaim of 58.60 needed to challenge the lower-high sequence
  • US CPI Tue 12:30 UTC could materially shift this read

04:17 UTC

Downtrend, extending lower · RSI 31 · price 57.99

Lower highs, lower lows post-gap.

Silver gapped lower into Monday's Asian session, opening ~58.73 and extending the downtrend to 57.99 with RSI(14) near 31. Sellers capped the 59.36 session high early and price has printed successive lower lows with no base formed yet.

Support: 57.99, 57.22

Resistance: 58.47, 59.36

What it said to watch

  • Loss of 57.99 exposes the 57.22 pivot flagged in the digest
  • Reclaim of 58.47 needed to ease downside pressure
  • US CPI Tue 12:30 UTC could materially shift this read

04:17 UTC

Downtrend, extending · RSI 31 · price 57.99

Lower highs, lower lows, fresh session low.

Silver opened the week with a weekend gap lower and has bled steadily through the Asian session, printing a fresh low at 57.99 with RSI(14) near 31 but not yet stretched. The lower-high/lower-low chain off the 59.36 session high stays intact; sellers capped every bounce below 58.50.

Support: 57.99, 57.22

Resistance: 58.47, 59.36

What it said to watch

  • Break of 57.22 pivot opens the 55.63 zone below
  • Reclaim of 58.47 swing needed to challenge the downtrend line
  • US CPI Tue 12:30 UTC could materially shift this read

04:03 UTC

Downtrend, extending lower · RSI 32 · price 58.131

Lower highs and lower lows, near session low.

Silver gapped lower into the new week and has trended down all session, printing a fresh low at 58.00 with RSI(14) near 32. Price sits just above the 58.00 round number; hawkish-Fed pressure ahead of tomorrow's US CPI keeps the lower-high channel intact.

Support: 58.004, 57.22

Resistance: 58.60

What it said to watch

  • M15 close below 58.00 opens the 57.22 pivot
  • Reclaim of 58.60 needed to break the lower-high sequence
  • US CPI Tue 12:30 UTC could materially shift this read

04:03 UTC

Downtrend, momentum easing · RSI 38 · price 58.131

Lower highs, lower lows after gap-down open.

Silver gapped lower into the new week and extended down through the Asian session, printing a series of lower lows to 58.00 before a shallow bounce. RSI(14) near 38 is recovering off the lows but price remains pinned below the EMAs with 58.60 capping the pullback.

Support: 58.00, 57.22

Resistance: 58.60

What it said to watch

  • Loss of 58.00 session low opens the 57.22 pivot
  • Reclaim of 58.60 swing high needed to ease the lower-high chain
  • US CPI Tue 12:30 UTC could materially shift this read

03:47 UTC

Downtrend, extending lower · RSI 32 · price 58.073

Lower highs, lower lows; price pinned at lows.

Silver rolled over through the session, sliding from the 59.36 high to 58.00 in a clean descending channel, now sitting on its lows at 58.07 with RSI(14) near 32. Selling pressure tied to the hawkish-Fed premium ahead of Tuesday's CPI; 58.40 supply capped every bounce.

Support: 58.004, 57.22

Resistance: 58.40, 59.364

What it said to watch

  • M15 close below 58.00 exposes the 57.22 pivot
  • Reclaim of 58.40 needed to break the lower-high chain
  • US CPI Tue 12:30 UTC is the dominant catalyst for this read

03:47 UTC

Downtrend, momentum accelerating lower · RSI 32 · price 58.073

Lower highs, lower lows post-gap.

Silver reopened with a weekend gap down near 58.87 and sellers pressed it through the session, printing a fresh low at 58.004 with RSI(14) around 31. Clean chain of lower highs into 58.60; price is pinned near session lows after the break below 58.40.

Support: 58.004, 57.22

Resistance: 58.596

What it said to watch

  • Close below 58.00 exposes the 57.22 pivot
  • Reclaim of 58.60 swing high would stall the lower-high chain
  • US CPI Tue 12:30 UTC is the dominant catalyst for the next leg

03:32 UTC

Downtrend, momentum heavy · RSI 32 · price 58.168

Lower highs / lower lows post-gap.

Silver opened the week with a gap down from ~59.85 to 58.73 and has bled lower through the session, printing a fresh low at 58.004 with RSI(14) near 31. The lower-high chain from 59.364 stays intact and price is pinned below EMA20/50 — the wider silver downtrend the digest flags is playing out on the intraday.

Support: 58.004, 57.22

Resistance: 58.50, 59.364

What it said to watch

  • M15 close below 58.004 exposes the 57.22 digest pivot
  • Reclaim of 58.5 needed to break the lower-high chain
  • US CPI Tue 12:30 UTC is the dominant catalyst and could reshape this read

03:32 UTC

Downtrend, momentum extending · RSI 34 · price 58.168

Lower highs, lower lows post gap.

Silver opened the week with a weekend gap down and sold through the Asian range, printing a fresh session low at 58.004 before a small bounce to 58.17, RSI(14) near 33. The lower-high chain from 59.36 stays intact with US-Iran/inflation and hawkish-Fed pricing keeping metal capped.

Support: 58.004, 57.22

Resistance: 58.60, 59.36

What it said to watch

  • M15 close below 58.00 exposes the 57.22 pivot
  • Reclaim of 58.60 needed to challenge the descending highs
  • US CPI Tue 12:30 UTC is the dominant catalyst

03:17 UTC

Downtrend, extending lower · RSI 31 · price 58.104

Lower highs, lower lows into new session low.

Silver gapped down over the weekend from ~59.85 and sold off steadily through the session, breaking the 58.00 handle to print a fresh session low as hawkish-Fed and Iran-inflation fears cap metals into CPI. RSI(14) near 31, momentum firmly down with price pinned below EMA20 and EMA50; 57.22 is the next reference below.

Support: 58.004, 57.22

Resistance: 58.70

What it said to watch

  • Sustained close below 58.00 confirms the lower-low and exposes 57.22
  • Reclaim of 58.70 would ease the downside pressure
  • US CPI Tue 12:30 UTC is the dominant catalyst and could reset this read

03:17 UTC

Downtrend, extending · RSI 34 · price 58.104

Lower highs, lower lows after weekend gap down.

Silver gapped down into Monday's Asia session from Friday's ~59.85 close and has bled steadily lower, printing a fresh session low at 58.004. Bounces have stalled below the 58.97 swing high and the 58.60 swing, RSI(14) near 34 but not yet oversold, downtrend intact.

Support: 58.004, 57.22

Resistance: 58.60, 58.97

What it said to watch

  • M15 close below 58.004 session low exposes the 57.22 pivot
  • Reclaim of the 58.60 swing needed to ease downside pressure
  • US CPI Tue 12:30 UTC is the dominant catalyst and could reset this read

03:03 UTC

Downtrend, momentum persistent · RSI 35 · price 58.325

Lower highs, lower lows post gap-down.

Silver opened the week with a gap-down from 59.85 and has since ground lower, printing a fresh session low at 58.25 with RSI(14) near 35 but not yet oversold. Lower highs at 59.36 then 59.09 have capped every bounce; the weekend gap remains unfilled overhead.

Support: 58.253, 57.22

Resistance: 59.094, 59.364

What it said to watch

  • M15 close above 59.10 breaks the lower-high chain
  • Break of 58.25 exposes the 57.22 pivot
  • US CPI Tue 12:30 UTC is the dominant catalyst for this read

03:03 UTC

Downtrend, momentum bearish · RSI 34 · price 58.325

Lower highs, lower lows post weekend gap.

Silver gapped down over the weekend and Asia hours have extended the slide, now pressing 58.25 after rejection at the 59.36 session high. RSI(14) near 34, momentum firmly lower with price capped well below EMA20/50; downtrend intact into Tuesday CPI.

Support: 58.25, 57.22

Resistance: 58.97, 59.36

What it said to watch

  • Loss of 58.25 session low confirms continuation toward 57.22 pivot
  • Reclaim of 58.97 swing high needed to stall the lower-high chain
  • US CPI Tue 12:30 UTC is the dominant catalyst and could reset this read

02:47 UTC

Downtrend, fresh session lows · RSI 33 · price 58.41

Lower highs, lower lows post weekend gap.

Silver gapped down over the weekend, bounced to 59.36 during the Asia session then rolled over, printing fresh session lows at 58.25 with price now 58.41. Downtrend intact — lower highs at 59.36 and 59.11 capping, RSI(14) near 33 but not yet extreme.

Support: 58.25, 58.00

Resistance: 58.60, 59.36

What it said to watch

  • Break below 58.25 exposes the 58.00 psych level
  • Reclaim of 58.60 would challenge the descending lower-high sequence
  • US CPI Tue 12:30 UTC is the dominant catalyst and could reshape this read

02:47 UTC

Downtrend, fresh lower lows · RSI 35 · price 58.41

Gap-down open, sustained selling into session low.

Silver opened the week with a gap down and has since ground lower, printing a chain of lower lows into 58.25 with RSI(14) mid-30s but not yet oversold. The descending session structure holds under a falling resistance line near 59.00, consistent with the broader bearish tone ahead of Tuesday CPI.

Support: 58.25

Resistance: 59.00

What it said to watch

  • Break of 58.25 extends the lower-low sequence toward 57.22
  • M15 close back above 59.00 would neutralise the intraday downtrend
  • US CPI Tue 12:30 UTC is the dominant catalyst and could reset this read

02:32 UTC

Downtrend, fresh session lows · RSI 34 · price 58.273

Lower highs, lower lows.

Silver gapped down into Monday's Asia session and has ground steadily lower, printing a fresh session low at 58.256 on the last bar with RSI(14) near 34. After the pop to 59.364 faded, sellers pressed through the 58.990 pivot; the descending channel read holds with no relief attempt yet.

Support: 58.256, 58.00, 57.22

Resistance: 58.99, 59.364

What it said to watch

  • M15 close back above 58.990 pivot would ease the downside pressure
  • Break of 58.00 psych exposes the 57.22 weekly low
  • US CPI Tue 12:30 UTC is the dominant catalyst and could reset this read

02:32 UTC

Downtrend, extending lower · RSI 31 · price 58.273

Lower highs, fresh session low.

Silver opened the new week with a weekend gap down and has bled steadily to a fresh session low at 58.256, RSI(14) near 31. Sellers have capped every bounce below the 58.973 swing high, with the 59.364 session high untested since the early push.

Support: 58.256, 58.00, 57.22

Resistance: 58.973, 59.364

What it said to watch

  • Close below 58.256 exposes the 58.00 psych level then 57.22 weekly low
  • Reclaim of 58.973 swing high would ease the intraday downside pressure
  • US CPI Tue 12:30 UTC is the dominant catalyst and could reset this read

02:17 UTC

Downtrend, making session lows · RSI 35 · price 58.48

Lower highs and lower lows.

Silver grinding lower through the Asia session, printing a fresh low at 58.34 with the last bar closing 58.48. Sellers rejected the 59.36 swing high and the descending chain of lower highs is intact ahead of Tuesday's US CPI. RSI(14) sub-40 but not yet oversold.

Support: 58.34, 57.22

Resistance: 59.10, 59.36

What it said to watch

  • M15 close back above 59.10 breaks the lower-high chain
  • Failure to hold 58.34 exposes the 57.22 weekly low
  • US CPI Tue 12:30 UTC is the dominant catalyst and can reset this read

02:17 UTC

Downtrend after weekend gap · RSI 37 · price 58.48

Lower highs, lower lows post-gap.

Silver gapped down over the weekend from ~59.85 to 58.87 and extended lower through the session to 58.34, printing a clean sequence of lower highs. The 59.36 bounce failed and price is pinned near session lows, RSI(14) cooling around 37 but not yet oversold.

Support: 58.34, 58.00

Resistance: 59.00, 59.36

What it said to watch

  • Break of 58.34 session low opens the path toward 58.00 psych
  • M15 close back above 59.00 psych negates the lower-high sequence
  • US CPI Tue 12:30 UTC is the dominant catalyst and could reset this read

02:03 UTC

Downtrend, pressing lows · RSI 41 · price 58.487

Weekend gap down, choppy range breaking lower.

Silver gapped down over the weekend and has chopped between 58.38 and 59.36 during the Asia session, consistent with the bearish channel read into Tuesday's CPI. The latest bar swept to 58.383 and closed near lows at 58.487, RSI(14) mid-40s with price below EMA20/50.

Support: 58.383, 58.00

Resistance: 59.364

What it said to watch

  • M15 close below 58.383 opens the path toward 58.00
  • Reclaim of 59.364 negates the lower-low read
  • US CPI Tue 12:30 UTC is the dominant catalyst and could reshape this read

02:03 UTC

Downtrend, rejection off session high · RSI 42 · price 58.487

Weekend gap down, bounce sold into.

Silver opened the week with a gap lower and grinded up to 59.36 in Asia before sellers capped it; price has slid back toward the 58.38 session low, RSI(14) cooling near 42. The bounce off the 58.63 gap area was fully retraced, leaving 59.00 as the level to reclaim.

Support: 58.383, 58.635

Resistance: 59.00, 59.364

What it said to watch

  • M15 close below 58.383 extends the lower-low sequence
  • Reclaim of 59.00 needed to reopen the 59.36 session high
  • US CPI Tue 12:30 UTC is the dominant catalyst and can reset this read

01:47 UTC

Recovering off session low, capped sub-59.00 · RSI 47 · price 58.993

Weekend gap down, intraday bounce.

Silver gapped lower into the new week and printed a session low at 58.48 before buyers lifted it to 59.36, where the move was rejected. Price now hovers just under the 59.00 psych level; RSI(14) is neutral near 47 after the bounce.

Support: 58.48, 57.22

Resistance: 59.00, 59.36

What it said to watch

  • Close above 59.00 opens a retest of the 59.36 session high
  • Loss of 58.48 session low exposes the 57.22 weekly low
  • US CPI Tue 12:30 UTC is the dominant catalyst and can reset this read

01:32 UTC

Downtrend after weekend gap · RSI 44 · price 58.754

Gapped lower, lower highs into Asia.

Silver gapped down over the weekend to open the Monday Asia session near 58.87, printing a session low at 58.48. A pop to 59.36 was rejected and price now sits at 58.75 below both EMAs, RSI(14) mid-40s. Bearish channel intact ahead of Tuesday's US CPI.

Support: 58.48, 58.00

Resistance: 58.963, 59.364

What it said to watch

  • Close below 58.48 confirms a lower low and opens the 58.00 psych level
  • Reclaim of 58.96 recent high needed to challenge the 59.36 session high
  • US CPI Tue 12:30 UTC is the dominant catalyst and could reset this read

01:32 UTC

Downtrend after weekend gap, consolidating · RSI 44 · price 58.754

Gap down then range 58.48-59.36.

Silver gapped down at the weekly open from ~59.85 to ~58.87 and has chopped in a 58.48-59.36 band since. A spike to 59.36 was rejected and price now sits mid-range near 58.75, RSI(14) muted around 43.

Support: 58.48

Resistance: 59.36

What it said to watch

  • US CPI Tue 12:30 UTC is the dominant catalyst and could reset this read
  • Break of 58.48 exposes the lower channel toward 57.22
  • M15 close above 59.36 invalidates the range-low pressure

01:17 UTC

Downtrend, bouncing off lows · RSI 45 · price 58.95

Weekend gap-down then intraday bounce.

Silver gapped down ~1.00 over the weekend to 58.87, printed a session low at 58.48, then bounced to a session high of 59.36 before easing back to 58.95. RSI(14) recovering from the gap-down washout; price stalling well below the 59.85 gap fill with demand holding the 58.48/58.63 zone twice.

Support: 58.63, 58.48

Resistance: 59.36, 59.85

What it said to watch

  • Close above 59.36 opens the 59.85 gap fill
  • Failure to hold 58.48 exposes lower channel support
  • US CPI Tue 12:30 UTC is the dominant catalyst

01:17 UTC

Downtrend, consolidating after gap · RSI 43 · price 58.95

Weekend gap down, ranging 58.50-59.36.

Silver opened the week with a gap down from Friday's ~59.85 close, printing a low at 58.48 before a spike to 59.36 that faded back to 58.95. Price is now chopping in a 58.50-59.36 range with USD soft near three-week lows but hawkish-Fed/CPI caution capping the bounce.

Support: 58.53, 58.48

Resistance: 59.36, 59.85

What it said to watch

  • Close below 58.48 opens the next leg toward the 57.22 weekly low
  • Reclaim of 59.36 puts the 59.85 gap fill in play
  • US CPI Tue 12:30 UTC is the dominant catalyst and can reset this range

01:04 UTC

Downtrend, consolidating below 59 · RSI 42 · price 58.564

Weekend gap down, ranging near session low.

Silver gapped down ~1 point over the weekend from Friday's 59.85 close, opening at 58.87 as the hawkish-Fed narrative kept rallies capped. Monday's Asian session bounced to 59.36 then faded straight back to the 58.564 session low; price is pinned below the 59.00 handle with RSI cooling. US CPI Tuesday is the dominant catalyst.

Support: 58.48, 57.22

Resistance: 59.00, 59.364, 59.849

What it said to watch

  • Break of 58.48 session low exposes the 57.22 weekly low / channel support
  • Reclaim of 59.00 round number opens the gap fill toward 59.85
  • US CPI Tue 12:30 UTC is the key catalyst and can reset this read

01:04 UTC

Downtrend, pressing session lows · RSI 39 · price 58.564

Weekend gap down, lower lows into current bar.

Silver gapped lower into the new week and is now printing a fresh session low at 58.564 after the 59.36 spike was rejected. Price sits below EMA20/50 with RSI(14) near 38; the descending-channel read from the market digest is intact into Tuesday's US CPI.

Support: 58.48, 57.22

Resistance: 59.00, 59.36

What it said to watch

  • Close below 58.48 opens the path toward the 57.22 weekly low
  • Reclaim of 59.00 psych would ease the downside pressure
  • US CPI Tue 12:30 UTC is the dominant catalyst and can shift this read

00:47 UTC

Downtrend after weekend gap, stabilising · RSI 44 · price 58.924

Gap down then consolidation, bounce off session low.

Silver gapped down to 58.7 on the Monday Asia open, extending Friday's bruising as hawkish-Fed pricing caps the metal into Tuesday's CPI. Buyers stepped in at 58.48, then supply capped the bounce at the 59.364 session high; price now sits mid-range around 58.92 at the 50% retrace of that move.

Support: 58.48, 58.00

Resistance: 59.364, 59.85

What it said to watch

  • M15 close below 58.48 opens the path toward 58.00 and the 57.22 weekly low
  • Close above 59.364 exposes the 59.85 gap-fill zone
  • US CPI Tue is the dominant catalyst and could reset this read

00:47 UTC

Downtrend after weekend gap down · RSI 41 · price 58.924

Gap-down then choppy recovery, still below EMAs.

Silver gapped down over the weekend, opening near 58.73 versus Friday's 59.85 close and printing a session low at 58.48. A recovery pushed to 59.36 before fading back to 58.92, keeping price below both EMAs. Move sits inside the wider bearish channel flagged into Tuesday's US CPI.

Support: 58.48, 57.22

Resistance: 59.36

What it said to watch

  • US CPI Tue 12:30 UTC is the dominant catalyst and could reset this read
  • Close below 58.48 opens the path toward 57.22 weekly low
  • Reclaim of 59.36 session high needed to negate the weekend gap-down

00:32 UTC

Downtrend, weak bounce fading · RSI 44 · price 58.988

Gap-down open, recovery stalling.

Silver gapped ~1.10 lower at the week's open, printing a session low of 58.48 before a bounce to 59.36 that has since faded back near 59.0. Price sits below EMA20/50 with the descending-channel bias intact ahead of Tuesday's US CPI.

Support: 58.48, 57.22

Resistance: 59.364, 59.85

What it said to watch

  • M15 close above 59.364 opens the gap-fill path toward 59.85
  • Failure to hold 58.48 exposes the 57.22 weekly low
  • US CPI Tue 12:30 UTC is the dominant catalyst and could reset this read

00:32 UTC

Downtrend, recovering off lows · RSI 52 · price 58.988

Weekend gap down, base then bounce.

Silver gapped lower into the new week, opening near 58.87 below Friday's 59.85 and bottoming at 58.48 before buyers lifted it to a 59.364 session high. That rally has faded back to 58.99 with RSI(14) neutral near 52; price is basing above 58.48 within the broader bearish channel ahead of Tuesday's US CPI.

Support: 58.48, 57.22

Resistance: 59.364

What it said to watch

  • Close above 59.364 opens the 60 psych level
  • Loss of 58.48 gap low exposes the 57.22 weekly low
  • US CPI Tue 12:30 UTC is the dominant catalyst

00:18 UTC

Recovering off session low · RSI 61 · price 59.248

Weekend gap down, base then bounce.

Monday Asia session opened with a weekend gap down to 58.48, then based and rallied hard into 59.36 before stalling at 59.25. RSI(14) has swung back to ~61 on the recovery; the pre-gap 59.85 high remains the next overhead reference. Tuesday's US CPI is the dominant catalyst for the battered metal.

Support: 58.63, 58.48

Resistance: 59.36, 59.85

What it said to watch

  • Close above 59.36 session high opens the pre-gap 59.85 area
  • Loss of 58.63 base re-exposes the 58.48 session low
  • US CPI Tue 12:30 UTC could materially shift this read

00:03 UTC

Downtrend after weekend gap down · RSI 41 · price 58.854

Gap down, early consolidation above session low.

Silver gapped down ~980 pips into the Asia open, printing near 58.73 versus Friday's 59.85 close, extending the bearish channel and hawkish-Fed narrative ahead of CPI. Price is consolidating in a 58.48–59.08 band; a probe to 58.997 was rejected, RSI(14) recovering off lows near 41.

Support: 58.48

Resistance: 59.083, 59.85

What it said to watch

  • Loss of 58.48 session low extends the down-leg toward the 57.22 weekly low
  • Reclaim of 59.08 session high opens the 59.85 gap fill
  • US CPI Tue 12:30 UTC is the dominant catalyst and can reset this read

00:03 UTC

Downtrend after gap down · RSI 41 · price 58.854

Gap lower, consolidating near lows.

Silver opened the week with a ~100-pip weekend gap down from 59.85 into fresh lows, extending the bearish channel flagged into Tuesday's US CPI. Price has since stabilised in a 58.48-59.08 range, buyers stepping in twice at 58.48 while 58.99 caps the bounce; RSI(14) recovering off oversold.

Support: 58.48, 57.22

Resistance: 58.99, 59.08, 59.85

What it said to watch

  • Reclaim of 58.99 targets the 59.85 gap fill
  • Break of 58.48 opens the 57.22 weekly low
  • US CPI Tue 12:30 UTC is the dominant catalyst for this read

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