XAG/USD AI Live Scan, 1-hour chart, Monday, 13 July 2026
Every read JAFX AI made on the XAG/USD 1-hour chart that day, newest first: trend, structure, the levels it marked and what it said to watch.
23:03 UTC
Downtrend, near lows · RSI 34 · price 57.561
Lower highs, lower lows in channel.
XAGUSD gapped lower to open the week and has trended down through the NY session, printing fresh lows near 57.22 with price pinned below EMA20 and EMA50. The descending channel remains intact, capped by lower highs and the 9-day ema around 59.80; rebounds toward the 58.98 session high have faded. RSI(14) sits in the mid-30s, reflecting sustained downside pressure ahead of US CPI.
Support: 57.22, 55.63
Resistance: 58.98, 59.80
What it said to watch
H1 close below 57.22 prior low opens 55.63 channel support
US CPI Tue 12:30 UTC could materially shift this read
Reclaim of 58.98 session high needed to challenge the 9-day ema
Silver gapped down over the weekend, opening near 58.87 versus Friday's 59.85 close, and has bled lower through Monday's NY session into a fresh swing low at 57.26. Price is pinned below the EMA20 (~58.05) with every bounce fading inside the descending channel, RSI(14) hovering in the low 40s without a bullish divergence. The soft attempts back toward the prior high at 58.70 and Monday's 59.08 high have all been rejected.
Support: 57.26, 55.63
Resistance: 58.05, 58.70, 59.08
What it said to watch
Loss of the 57.26 swing low opens the path toward the next support at 55.63
Hourly close back above the EMA20 near 58.05 would ease the downside pressure
US CPI Tue 12:30 UTC and Warsh testimony 14:00 UTC are dominant catalysts that could reshape this read
22:03 UTC
Downtrend, pressing lows · RSI 38 · price 57.635
Lower highs and lows in descending channel.
Silver stayed pinned in its descending channel this week, with a weekend gap lower from Friday's 59.85 close reinforcing the trend before price ground down through the NY session to fresh lows near 57.26. Rebounds keep fading below EMA20 (~58.10) and RSI is sat in the high-30s, showing no bounce traction. US CPI Tuesday is the dominant catalyst hanging over this read.
Support: 57.26, 55.63
Resistance: 58.10
What it said to watch
Break of 57.26 swing low opens the 55.63 channel support
Reclaim of 58.10 ema20 needed to ease the downside pressure
US CPI Tue 12:30 UTC could materially shift this read
22:03 UTC
Downtrend, extended lower · RSI 34 · price 57.635
Lower highs, lower lows.
Silver gapped lower into the new week's open near 58.87 and has bled steadily into the NY session, printing fresh lows at 57.25 and now sub-58 below both EMA(20) and EMA(50). The descending channel remains intact with every bounce fading against energy-inflation and hawkish-Fed pricing, and RSI(14) sits in the mid-30s as the move extends. Prior-high supply at 58.70 has capped attempts on the week.
Support: 57.25, 55.63
Resistance: 58.70
What it said to watch
H1 close below 57.22 confirms channel continuation, exposing 55.63
US CPI Tue 12:30 UTC could materially shift this read
H1 close back above 58.70 challenges the lower-high sequence
21:05 UTC
Downtrend, momentum heavy · RSI 37 · price 57.635
Lower highs, testing week low.
Silver reopened the week with a gap lower and has ground down through the NY session, printing fresh lows around 57.26 and holding below both EMA(20) and EMA(50). The descending channel remains intact with each bounce toward 58.50 fading as a lower high, and the prior low at 57.22 is the last shelf before the channel base. Bearish tone tracks the hawkish-Fed / energy-inflation narrative running into US CPI.
Support: 57.22, 55.63
Resistance: 58.50, 58.87
What it said to watch
H1 break of 57.22 opens the path toward 55.63
Reclaim of the 58.87 weekly open would question the lower-high sequence
US CPI Tue 12:30 UTC plus Warsh testimony could materially shift this read
21:05 UTC
Downtrend, momentum heavy · RSI 39 · price 57.635
Lower highs and lower lows in descending channel.
Silver gapped lower into this week's reopen and has trended down within a descending channel, sliding from the 58.90 weekly open to fresh lows at 57.26 during the NY session. Price sits below both EMA(20) and EMA(50) with RSI(14) pinned in the high-30s; every bounce toward the 58.70 prior high has faded, keeping the energy-inflation/hawkish-Fed backdrop in the driving seat.
Support: 57.26, 57.22
Resistance: 58.70, 58.87
What it said to watch
Break of 57.22 channel base opens the path toward 55.63
Reclaim of the 58.70 prior high would question the channel structure
US CPI Tue 12:30 UTC and Warsh testimony 14:00 UTC could materially shift this read
Lower highs and lower lows in a descending channel.
Silver reopened this week with a weekend gap lower and has extended the slide through the NY session, printing fresh lows near 57.26 with price capped well below EMA20 (~58.20). The move sits inside a clean descending channel; hawkish-Fed pricing and a firm USD have kept the metal pinned. RSI(14) around 40 shows downside momentum intact without yet reaching oversold.
Support: 57.22, 55.63
Resistance: 58.20, 58.70
What it said to watch
A break of 57.22 channel support exposes the 55.63 area
US CPI tomorrow 12:30 UTC is the key catalyst and could reset this read
Reclaim of the 58.70 prior high would question the lower-high sequence
Lower highs and lower lows within descending channel.
Silver has rolled over again since Monday's open, sliding through the NY session toward 57.22 as firm USD and hawkish-Fed pricing offset any Mideast safe-haven bid. Price is pinned below both EMA20 (~58.40) and EMA50 inside a descending channel, with RSI(14) around 37 keeping downside momentum intact. The 57.22 channel low is the immediate structure being tested after the week's ~2.5% net decline.
Support: 57.22, 55.63
Resistance: 58.40, 59.80
What it said to watch
H1 close below 57.22 channel low exposes 55.63 (7-mo low)
Reclaim of the 59.80 prior ema / 60.00 handle needed to challenge the channel top
US CPI tomorrow 12:30 UTC is the key catalyst and could materially shift this read
Silver has ground steadily lower all week inside a descending channel, gapping down over the weekend and extending through the NY session to press the 57.22 channel support. Price sits well below both EMA(20) and EMA(50) with RSI(14) near 36, keeping downside momentum intact; rallies have been capped around the 58.70 prior-support and the 9-day EMA near 59.80. Tomorrow's US CPI at 12:30 UTC is the key catalyst into this level.
Support: 57.22
Resistance: 58.70, 59.80
What it said to watch
Break of 57.22 channel support exposes 55.63
Reclaim of 58.70 needed to challenge the 59.80 9-day ema
US CPI tomorrow 12:30 UTC could materially shift this read
Lower highs and lower lows within descending channel.
Silver has ground lower all week within a descending channel, opening the new week with a downside gap and extending toward 57.22 as firmer USD and higher oil on US-Iran escalation weighed on the metal. Price sits below both EMA(20) and EMA(50) with RSI(14) around 34, keeping downside momentum intact but nearing stretched territory. The 58.70 prior high and 59.80 EMA zone have capped every bounce since the weekly reopen.
Support: 57.22, 55.63
Resistance: 58.70, 59.80
What it said to watch
US CPI tomorrow 12:30 UTC is the key catalyst and could reset this read
H1 close below 57.22 channel support exposes 55.63
Reclaim of 58.70 prior high would break the lower-high sequence
Downtrend intact since Monday's open, with silver gapping lower over the weekend and shedding over $3 from the ~$61 area as the Iran-driven energy/inflation story kept every bounce capped beneath the descending channel top near 59.80. The break below the 58.10 shelf extended into the NY session toward the 57.22 pivot, with RSI(14) pressed into the low 30s. Rejection at the session high 58.98 shows sellers still controlling the intraday tape.
Support: 57.22, 55.63
Resistance: 58.10, 58.98, 59.80
What it said to watch
H1 close below 57.22 pivot opens the path toward the 55.63 seven-month low
Reclaim of the 58.10 broken shelf needed before the 59.80 channel top comes back into view
US CPI Tue 12:30 UTC (~18h) is the week's key catalyst and could materially shift this read
Silver has bled steadily lower all week, gapping down over the weekend from near 59.85 and grinding to a fresh session low at 57.26 during NY hours, pinned well below EMA20 and EMA50. The move fits the hawkish-Fed/energy-inflation read — higher oil is feeding rate-hike bets and capping every bounce rather than offering a safe-haven bid. RSI(14) near 30 shows momentum firmly in sellers' hands with no divergence yet.
Support: 57.22, 55.63
Resistance: 58.70, 59.80
What it said to watch
US CPI Tue 12:30 UTC is the pivot for this read
H1 close below 57.22 exposes the 55.63 seven-month low
Reclaim of 58.70 would break the string of lower highs
Bounces continue failing at channel top ~59.80
17:04 UTC
Downtrend, momentum heavy · RSI 34 · price 57.626
Lower highs and lower lows within descending channel.
Silver extended its channel decline, gapping lower at Monday's open near 58.87 and grinding to a fresh session low at 57.40 through the NY session. Price sits well below EMA20 and EMA50 with RSI(14) near 34, and bounces toward the 58.70 weekly open keep stalling beneath channel resistance. Escalating US-Iran energy inflation fears have kept hawkish-Fed bets capping every rebound.
Support: 57.40, 57.22
Resistance: 58.70, 59.80
What it said to watch
Loss of 57.22 pivot opens the path toward the 55.63 area
H1 close back above 58.70 weekly open needed to challenge channel top ~59.80
US CPI Tue 12:30 UTC could materially shift this read
Silver stayed pinned inside its descending channel all week, sliding from the 61.40 high toward 57.22 as US-Iran-driven oil strength fed hawkish-Fed pricing rather than a safe-haven bid. Bounces toward the 59.80 EMA/channel resistance repeatedly failed, and NY hours drove a fresh leg to 57.59 with price well below EMA20 and EMA50. RSI(14) near 36 confirms downside momentum without yet reaching oversold extremes.
Support: 57.208, 55.63
Resistance: 59.80
What it said to watch
US CPI Tue 12:30 UTC is the week's pivot and could reset this read
Sustained break below 57.22 pivot exposes the 55.63 seven-month low
H1 close above the 59.80 ema/chan resistance would break the channel structure
Lower highs and lower lows within descending channel.
Silver gapped lower at Monday's open (59.85 to 58.87) and extended a second down-leg into the NY session, pressing the 57.53 session low. RSI(14) is cycling in the high-30s and price stays capped below the EMA20 near 58.4, with the descending channel from last week's 60.75 high intact. Bounce attempts toward the 58.70 day high have faded, keeping the lower-high sequence in force ahead of Tuesday's US CPI.
Support: 57.529, 57.22, 55.63
Resistance: 58.70, 58.98, 59.80
What it said to watch
H1 close above 59.00 / EMA cap would break the lower-high structure
Loss of 57.22 prior low exposes 55.63 seven-month low
US CPI Tue 12:30 UTC could materially shift this read
Silver has ground lower all week inside a descending channel, from above 61.80 at Monday's open toward the 57.20 area, weighed by hawkish-Fed and higher-yield fears despite Mideast oil risk. Price opened this week with a gap down through 58.90 and has since sat below EMA(20) and EMA(50) with RSI(14) pinned near 38. The 59.80 EMA zone capped every bounce, and current trade at 57.97 holds just above last week's 57.22 low.
Support: 57.22, 55.63
Resistance: 59.80
What it said to watch
H1 close below 57.22 confirms a lower-low and exposes 55.63
Reclaim of the 59.80 EMA area needed to challenge the channel top
US CPI Tue 12:30 UTC could materially shift this read
15:03 UTC
Downtrend, sellers in control · RSI 40 · price 58.118
Lower highs, lower lows in descending channel.
Silver gapped down into the new week and extended a second leg lower toward 58.10, holding below both EMA(20) and EMA(50) inside the descending channel. The week's dominant move was the slide from Monday's 61.72 to 57.21, with the subsequent bounce to 60.75 fully rejected — price is now back near the lower third of the range. Rejection has capped attempts around 58.70 as the safe-haven USD bid and hawkish-Fed pricing weigh on the non-yielder.
Support: 57.22
Resistance: 58.70, 59.36
What it said to watch
H1 close below 57.22 exposes the 55.63 area
Reclaim of 59.36 and EMA(20) needed to challenge the channel top read
US CPI Tue 12:30 GMT and Fed Waller today 16:30 GMT could materially shift this read
15:03 UTC
Downtrend, momentum with sellers · RSI 41 · price 58.118
Lower highs, lower lows in descending channel.
Silver rolled over a second straight session to ~58.12, holding below the H1 EMA20 (~58.47) and capped repeatedly under the 9-day EMA near 59.80 inside its descending channel — the US-Iran oil bid reviving hawkish-Fed pricing that pressures the non-yielder. Monday's weekend gap opened lower and price has trended down through NY hours, tagging a session low at 57.53 before a shallow bounce. Structure remains lower-high/lower-low with RSI cycling in the low 40s.
Support: 57.53, 57.22
Resistance: 58.47, 59.80
What it said to watch
US CPI Tue 12:30 GMT is the week's key catalyst and could materially shift this read
Break of 57.22 channel support exposes the 55.63 area
H1 close back above the 59.80 9d ema would challenge the channel structure
14:03 UTC
Downtrend, bounce failing · RSI 40 · price 58.17
Lower highs, lower lows in descending channel.
Silver stayed pinned in its descending channel all week, sliding from above 61.80 to a 57.21 swing low before the weekend gap down reopened trade near 58.70. Price holds below EMA20 and EMA50 with RSI(14) around 40, and each bounce has stalled well beneath the 9-day ema at 59.80. The hawkish-Fed/higher-yields backdrop and oil-driven inflation angst keep capping rebounds ahead of Wednesday's CPI.
Support: 57.22
Resistance: 59.80
What it said to watch
US CPI Wed 12:30 UTC is the week's key catalyst and could materially shift this read
Break below 57.22 7-mo low opens the path toward the 54s
H1 close above the 59.80 9-day ema would neutralise the channel pressure
14:03 UTC
Downtrend, momentum steady · RSI 39 · price 58.17
Lower highs and lower lows within descending channel.
Silver has trended lower all week within a descending channel, with a mid-week breakdown from 60.60 dumping price under 58 and a weekend gap down to 58.87 on Monday's open extending the slide. Price sits at 58.17 below EMA20 and EMA50 with RSI(14) in the high-30s; bounces toward 58.98 have been sold. The hawkish-Fed backdrop and firmer oil have kept rebounds capped.
Support: 57.70, 57.22
Resistance: 58.98, 60.61
What it said to watch
US CPI Wed 12:30 UTC is the week's key catalyst and could reshape this read
H1 close above 58.98 would break the run of lower highs
Loss of 57.70 confirms the next lower-low and opens 57.22 week low
Silver reopened this week with a gap down from Friday's 59.85 close and has drifted to 58.45, trading below both EMA20 and EMA50 with RSI(14) parked in the low-40s. The dominant move remains the mid-week slide from the low-$60s to the 57.20 low, and every push back toward $60 has been rejected. Oil-driven inflation fears ahead of CPI keep relief bounces shallow.
Support: 57.70, 57.22
Resistance: 59.00
What it said to watch
H1 close back above 59.00 would challenge the lower-high structure
Failure to hold 57.70 confirms continuation toward the 57.22 pivot
US CPI Tue 12:30 GMT is the week's key catalyst and could reset this read
13:04 UTC
Downtrend, bounces capped · RSI 44 · price 58.447
Lower highs below EMAs, gap-down open.
Silver opened this week with a weekend gap down and has stayed pinned below EMA(20) and EMA(50), extending the broader downtrend near $58.45 as fresh Mideast/oil-driven inflation fears revive higher-for-longer rate pricing. Last week's rebound stalled at $60.75 and this week's attempts have been capped around $59.08, keeping the lower-high sequence intact. RSI(14) sits sub-50, offering no bullish divergence on the recent lows.
Support: 57.70, 57.22
Resistance: 59.08, 60.00
What it said to watch
Break below 57.70 exposes the 57.22 pivot then $55.63
H1 close above 60.00 needed to break the lower-high structure
Waller speaks 16:30 GMT — hawkish tone could pressure the metal further
Silver gapped down over the weekend from Friday's 59.85 close and has drifted lower through Monday's sessions, trading at 58.55 below both H1 EMA(20) and EMA(50). The rebound from midweek's 57.22 low peaked near 60.75 and has since faded, with the unfilled 58.87 gap and $60 area now overhead. Price is stalling around the 61.8% retrace of that bounce as the market leans defensive into Tuesday's US CPI.
Support: 58.00, 57.22
Resistance: 58.87, 59.85
What it said to watch
Loss of 58.00 exposes the 57.22 pivot
Reclaim of the 58.87 gap reopens the 59.85 week high
US CPI Tue 12:30 GMT is the week's key catalyst and can reset this read
Silver stayed offered all week, sliding from the low-$60s toward the 57.22 pivot after Tuesday's Hormuz-driven flush, with rallies toward $60 repeatedly capped. A weekend gap down reopened near 58.87 and price has since drifted back to 58.55, holding below both EMAs with RSI(14) sub-50. The 60.75 week high and $60 round number frame the rebound ceiling while 57.22 remains the downside pivot.
Support: 57.22, 55.63
Resistance: 60.75
What it said to watch
H1 close below 57.22 pivot opens 55.63
Reclaim of $60 needed to challenge the lower-high structure
US CPI Tue 12:30 GMT is the week's key catalyst and could reset this read
11:03 UTC
Downtrend, capped below 59 · RSI 41 · price 58.36
Lower highs, gap-down open below EMAs.
Silver reopened the week with a weekend gap down and has drifted back toward 58.30, trading below EMA20 and EMA50 with RSI sub-50 as oil-driven inflation fears keep rebounds heavy. Last week's bounce off the 57.22 pivot stalled at the 60.00 ceiling and price is now unwinding that move, with the 59.00 handle capping this session. The descending sequence of lower highs remains intact.
Support: 57.22
Resistance: 59.00, 60.00
What it said to watch
H1 close below 57.22 pivot opens 55.63
Reclaim of 59.00 needed to challenge the lower-highs line
US CPI tomorrow 12:30 GMT could materially shift this read
11:03 UTC
Downtrend, rebounds capped · RSI 43 · price 58.36
Lower highs, sub-EMA20.
Silver reopened this week with a weekend gap lower from Friday's 59.85 close and has stayed pressured under EMA20, with rebounds toward 59.00 repeatedly rejected as CENTCOM/Iran oil headlines revive inflation fears. The week's dominant move was Tuesday's slide toward the 57.22 pivot, and the recovery to 60.75 has since faded back to 58.36. Price is now sitting on the 61.8% retrace of that bounce with RSI cycling sub-50.
Support: 57.96, 57.22
Resistance: 59.00
What it said to watch
US CPI Tue 12:30 GMT is the week's key catalyst and could reset this read
Loss of 57.96 reopens the 57.22 pivot
H1 close back above 59.00 challenges the lower-high structure
Silver reopened with a weekend gap down from 59.85 and has drifted back under 58.50, extending the week's lower-high sequence after the rejection near 60.75. Rebounds toward the round 60.00 have repeatedly failed as oil-driven inflation fears keep the metal offered ahead of US CPI. Price sits below both EMA(20) and EMA(50) with RSI(14) stuck sub-50.
Support: 57.22, 55.63
Resistance: 59.083, 60.00, 60.754
What it said to watch
US CPI Tue 12:30 GMT is the week's key catalyst and could reshape this read
Break below 57.22 pivot exposes 55.63
H1 close back above 59.08 would question the lower-high structure
Silver reopened with a weekend gap lower after CENTCOM strikes on Iran lifted oil and revived inflation/higher-for-longer fears on the non-yielding metal. Price sits back near 58.45 having failed to reclaim 59.05, extending the series of lower highs that has capped every relief bounce toward 60 this week. RSI(14) holds sub-50 with price under both EMA20 and EMA50.
Support: 57.22, 55.63
Resistance: 59.05
What it said to watch
US CPI Tue 12:30 GMT is the week's key catalyst and could reset this read
Break below 57.22 pivot opens 55.63
H1 close back above 59.05 would break the lower-high sequence
Silver gapped down over the weekend, opening Monday near 58.87 and drifting to 57.70 before buyers stepped in for a bounce back toward 59. The lower-high structure sub-$60 remains intact after last week's $62-to-$57.22 slide on the oil-inflation-led USD/yield bid; the $60 rebound cap is still respected. Price sits just under EMA20 with RSI(14) hovering around neutral.
Support: 57.70, 57.22
Resistance: 60.00
What it said to watch
H1 close above 60.00 invalidates the lower-high read
Failure to hold 57.70 exposes the 57.22 pivot and 55.63 below
US CPI Tue 12:30 UTC could materially shift this read
09:04 UTC
Downtrend, bouncing off lows · RSI 47 · price 58.83
Lower highs sub-60, gap-down open.
Silver opened this week with a gap down after Friday's close near 59.85, extending the bearish lower-high structure that has capped rebounds below 60 all week following the hawkish-Fed energy-inflation narrative. Price traded down to 57.99 before demand stepped in, lifting it back to 58.83, but it remains under EMA20 and EMA50 with RSI mid-range around 46. The 60.00 area has repeatedly capped bounces.
Support: 57.99, 57.22
Resistance: 59.85, 60.00
What it said to watch
H1 close back above 59.85 challenges the lower-high structure
Loss of 57.99 exposes the 57.22 pivot
US CPI Tue 12:30 UTC could materially shift this read
Silver gapped lower into the new week open near 58.87, extending the bearish lower-high structure that has held sub-$60 all week. Bounces toward the $60 rebound cap kept failing, and the NY session tagged a 57.70 week low before a shallow recovery to 58.58. Price sits below both EMA(20) and EMA(50) with RSI(14) mid-40s, and CPI Tuesday remains the dominant catalyst.
Support: 57.695, 57.22
Resistance: 58.87
What it said to watch
Break of 57.22 key pivot exposes the 55.63 downside cluster
Reclaim of the 58.87 weekly open would challenge the lower-high read
US CPI Tue 12:30 UTC could materially shift this read
08:03 UTC
Downtrend, lower highs · RSI 43 · price 58.578
Sub-60 lower-high structure, bounce off 57.90.
Silver opened the week with a weekend gap down from 59.85 and has drifted back below 59, sitting sub-EMA20 in a lower-high structure. Rebounds toward 60 have kept getting sold all week, and the current 58.58 print sits right on the 61.8% fib of the 57.22-to-60.75 bounce. Price is caught between the 57.90 recent low and a descending lower-high line that has capped every push.
Support: 57.90, 57.22
Resistance: 60.00
What it said to watch
H1 close back above 60.00 rebound cap would challenge the lower-high structure
Failure to hold 57.90 exposes the 57.22 pivot
US CPI Tue 12:30 UTC could materially shift this read
07:03 UTC
Downtrend, momentum heavy · RSI 38 · price 57.95
Lower highs, lower lows; weekend gap down.
Silver gapped lower into Monday's open and has extended the week's downtrend, printing fresh lows near 57.70 with price pinned below EMA(20) and EMA(50). The move keeps the lower-high/lower-low sequence intact after XAG shed over $3 this week on hawkish-Fed repricing. RSI(14) sits in the high-30s with no bullish divergence yet, and 57.22 is the last defended low before deeper support.
Support: 57.22, 55.63
Resistance: 58.87
What it said to watch
US CPI Tue 12:30 UTC is the dominant catalyst and could materially reset this read
Break of 57.22 exposes 55.63
H1 close back above 58.87 (monday open) would neutralise the gap-down extension
Silver reopened this week with a gap lower under the 58.87 week open and has bled steadily through the London session, printing fresh lows near 57.95 with RSI(14) back below 40. The bounce off last week's 57.22 pivot has been fully retraced and price sits under both EMA(20) and EMA(50), keeping the descending channel and lower-high structure intact. US CPI tomorrow is the dominant catalyst overhanging the read.
Support: 57.22, 55.63
Resistance: 58.87
What it said to watch
Hourly close below 57.22 confirms a fresh lower-low and exposes 55.63
Reclaim of the 58.87 week open would neutralise the current leg down
US CPI Tue 12:30 UTC could materially shift this read
Silver gapped lower into this week's open around 58.87 and has bled steadily through the Asia session to 58.12, holding below EMA20 and EMA50 with RSI(14) sub-40. The mid-week recovery off 57.21 to 60.75 has now been almost fully retraced, and the hawkish-Fed narrative capping rebounds keeps supply pressing every push above 58.52. Sellers rejected 59.08 on the new-week high, reinforcing the lower-high structure.
Support: 57.99, 57.21
Resistance: 58.52, 59.08
What it said to watch
US CPI Tue 12:30 UTC is the dominant catalyst and could reset this read
Loss of 57.99 session low reopens the 57.21 swing low
Reclaim of 59.08 gap high needed to challenge the downtrend structure
06:03 UTC
Downtrend, sellers in control · RSI 38 · price 58.117
Lower highs, lower lows; weekend gap down.
Silver opened the week with a gap down and has extended lower through the Asia and early London hours, printing fresh lows near 58.00 and holding below both EMA(20) and EMA(50). The recovery to 60.75 midweek has fully unwound, keeping the lower-high, lower-low channel intact as the hawkish-Fed narrative caps rebounds. RSI(14) sits in the high-30s with no clean divergence.
Support: 57.99, 57.208
Resistance: 58.87
What it said to watch
US CPI Tue 12:30 UTC is the dominant catalyst and could reset this read
Loss of 57.99 confirms a fresh lower-low, exposing the 57.21 week low
H1 close back above the 58.87 gap open needed to challenge the descending lower-highs
Lower highs and lower lows, gapped down at week open.
Silver gapped lower into the new week's open near 58.87, extending the lower-high/lower-low channel that has dominated since the mid-window slide toward the high-57s. Price trades below both EMA20 and EMA50 with RSI(14) around 33 and no bullish divergence, and the Thursday-Friday bounce off 57.20 to 60.75 has now retraced fully. The hawkish-Fed backdrop continues to cap rebounds ahead of Tuesday's US CPI.
Support: 57.99, 57.22
Resistance: 58.87
What it said to watch
US CPI Tue 12:30 UTC could materially shift this read
Loss of 57.99 opens the 57.22 pivot
H1 close back above 58.87 week open weakens the lower-high sequence
05:04 UTC
Downtrend, near week lows · RSI 36 · price 58.17
Lower highs, lower lows.
Silver gapped down through the weekend from Friday's 59.85 close and has ground lower through the Asia session, printing 58.17 back near the week's lows. Price trades below both EMA(20) and EMA(50) with RSI(14) mired in the mid-30s, consistent with the lower-high/lower-low channel that has dominated since Monday. The 58.87 gap open now caps, while sellers keep probing the high-57s.
Support: 57.99, 57.59, 57.22
Resistance: 58.87, 59.85
What it said to watch
Reclaim of the 58.87 gap open would neutralise the fresh leg lower
Failure to hold 57.99 exposes the 57.59 week low and the 57.22 pivot
US CPI Tue 12:30 UTC then Warsh testimony 14:00 UTC could materially shift this read
04:03 UTC
Downtrend, stretched · RSI 30 · price 58.142
Lower highs, lower lows; gapped-down week open.
Silver gapped lower into this week's open near 58.87 and has extended the leg down to 58.14, stacking lower highs and lower lows since Friday's close. RSI(14) sitting near 30 flags stretched conditions, but price stays pinned below EMA20/50 with no reclaim attempted. The lower-high channel off Monday's brutal $3 slide stays intact ahead of Tuesday's US CPI.
Support: 57.22
Resistance: 58.87
What it said to watch
H1 close back above the 58.87 week open would ease the down pressure
A break of the 57.22 pivot exposes 55.63
US CPI Tue 12:30 UTC could materially shift this read
Silver gapped lower over the weekend and has extended the week's downtrend, slipping back under the 58.50 handle after Thursday's bounce off 57.59 faded. Price sits well below EMA20/50 with RSI(14) in the mid-30s, and the recovery high at 60.75 marks another lower high in the lower-high/lower-low channel that has defined the week. The hawkish-Fed narrative continues to cap rebounds into tomorrow's US CPI.
Support: 58.004, 57.596, 57.208
Resistance: 59.364, 59.849, 60.754
What it said to watch
Failure to hold 58.00 exposes 57.596 swing low, then the 57.22 week low pivot
Reclaim of 59.36 day high needed to challenge the downtrend line into 59.85
US CPI Tue 12:30 UTC could materially shift this read; Warsh testimony 14:00 UTC follows
Silver has bled lower since Monday's ~$62 open, stamping successive lower highs into every session recovery. A weekend gap down from Friday's 59.85 close reopened selling and price has drifted to 58.30, holding below EMA20/50 with RSI(14) near 31. Hawkish-Fed repricing and Iran-driven inflation fears have capped each bounce this week.
Support: 57.22
Resistance: 58.90
What it said to watch
Loss of 57.22 week low exposes 55.63
Close back above 58.90 gap needed to ease downside pressure
US CPI Tue 12:30 UTC is the dominant catalyst for this read
Series of lower highs / lower lows, weekend gap down.
Silver has bled lower all week, sliding from ~62 at Monday's open toward 58.30 as a hawkish-Fed lean and Iran-driven inflation fears cap metals. A mid-week bounce stalled at 60.75 and the new week reopened with a gap down from Friday's 59.85 close, leaving supply overhead at the 58.87 gap floor. Price sits below both EMA(20) and EMA(50) with RSI(14) in the high-30s, consistent with the lower-high/lower-low structure.
Support: 57.22
Resistance: 58.87
What it said to watch
H1 close back above the 58.87 gap floor would begin filling the weekend gap
Break of 57.22 downside pivot exposes lower toward 55.63
US CPI Tue 12:30 UTC is the dominant catalyst and could reset this read
Silver spent the week grinding lower inside a descending channel from ~62 to a 57.22 low, with the bounce toward 60.75 fading before the weekend. Price opened this week with a gap down from ~59.85 and is trading back at 58.50, below both EMA(20) and EMA(50), RSI holding in the low 40s. The gap high at 59.36 now caps, while 57.22 remains the weekly floor into Tuesday's US CPI.
Support: 57.22
Resistance: 59.36, 60.75
What it said to watch
US CPI Tue 12:30 UTC is the dominant catalyst and could reset this read
H1 close back above 59.36 gap high would fill the weekend gap
Break of 57.22 weekly low opens 55.63
02:03 UTC
Downtrend, bounce fading · RSI 40 · price 58.495
Lower highs, weekend gap down.
Silver spent the week grinding lower from ~62 to a 57.22 weekly low before a relief bounce stalled at 60.75; this week opened with a weekend gap down from 59.85, pinning price back below EMA(20) and EMA(50) around 58.50. RSI(14) sits sub-40 as the descending channel and hawkish-Fed narrative keep rallies capped into Tuesday's US CPI. The gap top near 59.85 and the round 59.00 now sit as overhead friction.
Support: 58.05, 57.22
Resistance: 59.00, 59.85
What it said to watch
Loss of 58.05 recent low reopens the 57.22 weekly low
Hourly close back above 59.85 fills the weekend gap and eases the bearish read
US CPI Tue 12:30 UTC is the dominant catalyst and could reset this structure
Silver spent the week grinding lower from 62 to a 57.22 low, then recovered toward 60.75 before this week's session opened with a gap down to 58.87. Price now sits below both EMAs with RSI(14) around 40, and the gap fill near 59.85 has capped the reopen; the earlier bounce off 57.22 is under pressure again. The descending channel that framed last week's sell-off remains intact.
Support: 58.16, 57.22
Resistance: 59.85, 60.00, 60.75
What it said to watch
US CPI Tue 12:30 UTC is the dominant catalyst and could reset this read
H1 close back above 60.00 psych would neutralise the gap-down break
Failure to hold 58.16 swing low exposes a retest of the 57.22 weekly low
01:04 UTC
Downtrend, rolling over after bounce · RSI 42 · price 58.613
Descending channel, lower highs into 60.
Silver bounced off the 57.22 weekly low earlier in the week and stretched to 60.75, but the recovery has faded and price opened this week with a gap down through 59.85, back below EMA20 and EMA50. The 60 handle capped the rebound and the descending channel remains intact, with price now grinding back toward the base of the range around 58.05. RSI(14) at ~42 reflects the renewed downside lean.
Support: 58.05, 57.22
Resistance: 59.85, 60.00, 60.75
What it said to watch
US CPI Tue 12:30 UTC is the dominant catalyst and could reset this read
Loss of 58.05 exposes the 57.22 weekly low
H1 close back above 60.00 challenges the channel top
00:03 UTC
Downtrend, bounce fading · RSI 43 · price 58.92
Lower highs, gap-down week open.
Silver gapped lower into this week's open, printing 58.87 versus Friday's 59.85 close and extending the descending channel that has dominated since the slide from 62. Price sits below EMA(20) and EMA(50) with RSI(14) in the mid-40s, and the 57.22 weekly low remains the key floor after the earlier bounce stalled short of 60. Tone stays heavy into Tuesday's US CPI, the week's dominant catalyst.
Support: 57.22, 55.63
Resistance: 59.85
What it said to watch
H1 close above 59.85 fills the weekly gap and challenges the 60 psych level
Failure to hold 57.22 weekly low opens 55.63
US CPI Tue 12:30 UTC could materially shift this read
Silver spent last week grinding lower inside a descending channel, basing off the 57.22 weekly low before a corrective bounce stalled at 60.75. The new week opened with a gap down from Friday's 59.85 close, and price sits back below both EMA20 and EMA50 near 58.92 with RSI mid-40s. The bearish channel tone matches the hawkish-Fed backdrop into Tuesday's US CPI.
Support: 58.05, 57.22
Resistance: 59.85, 60.75
What it said to watch
H1 close below 58.05 swing low exposes the 57.22 weekly low
Reclaim of 59.85 gap fill needed to negate the gap-down open
US CPI Tue 12:30 UTC is the dominant catalyst for this read