XAG/USD AI Live Scan, 15-minute chart, Friday, 13 November 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.
23:13 UTC
Downtrend, lower highs intact into the close · RSI 33 · price 48.691
LH/LL chain since the post-PPI spike; YTD low broken late NY.
The 50.28 spike on the softer PPI was sold through NY, with rising yields and firm Fed hike pricing pushing silver through the 48.87 ytd low to a 48.475 session low in the final hour. Price closed the week at 48.691, below both EMAs and the falling trendline. RSI(14) at 33 printed only a marginally higher reading at the latest low versus the 48.641 swing low.
Support: 48.641, 48.475
Resistance: 48.87, 48.933, 49.228
What it said to watch
An M15 close back above the 48.87 ytd low, with the ema20 at 48.933 just above, would mark the break as a false break
A move above the 49.228 swing high, near the 38.2% fib of the PPI-high-to-session-low drop, breaks the lower-high chain
Holding below the falling trendline keeps the LH/LL sequence toward the 48.475 session low in play
Jefferson speaks Sat 00:00 UTC while the market is shut, so a Sunday open gap is possible; Warsh Mon 17:00 UTC is the larger risk
22:32 UTC
Downtrend, lower highs through late NY · RSI 33 · price 48.691
Breakdown below the 48.92–49.23 afternoon range and the 48.87 YTD low; lower-high chain capped by a descending trendline.
The softer-than-forecast PPI gave silver no relief. The NY sell-off from the 50.28 post-PPI spike cleared the Asian range low at 49.58, then broke the 48.87 YTD low late in NY, printing a 48.475 session low under a descending trendline of lower highs. RSI(14) sits at 33 after two dips below 30, price is below both the ema20 (48.933) and ema50, and ATR is re-expanding to 162 pips.
Support: 48.641, 48.475
Resistance: 48.87, 48.933, 49.228
What it said to watch
M15 close back above the 48.87 ytd low and the descending trendline negates the breakdown
Loss of the 48.641 swing low and the 48.475 session low extends the lower-low chain
Reclaim of the 49.228 lower high ends the late-NY downtrend structure
Fed's Jefferson at 00:00 UTC (~90m) could shift hike-size pricing and this read
Lower highs and lower lows since the post-PPI rejection; YTD low broken.
The softer PPI spike to 50.28 was rejected within the bar and silver unwound it through NY, rising Treasury yields keeping rallies capped. Price then ground lower along a chain of lower highs from the 49.228 swing high, cutting through the $48.87 YTD low to a 48.475 session low late in NY. Price sits below the ema20 at 48.933 with RSI(14) at 33, and RSI held above its prior trough on the latest low.
Support: 48.641, 48.475
Resistance: 48.87, 48.933, 49.228
What it said to watch
Recovery back above the 48.87 YTD low and the ema20 at 48.933 would undercut the breakout read
A close above the 49.228 swing high breaks the lower-highs sequence
Loss of the 48.641 swing low and the 48.475 session low extends the lower-low chain
Fed's Jefferson at 00:00 UTC lands after the Friday close, so the hike-size signal carries gap risk into the reopen. Warsh speaks Monday at 17:00 UTC.
21:49 UTC
Downtrend, oversold into weekly close · RSI 29 · price 48.724
Lower highs below descending trendline after break of 48.9–49.23 range.
The softer PPI at 13:30 UTC produced a spike to 50.28 that was sold, and the post-PPI drop ran through the NY session. A grind of lower highs along the descending trendline then broke the 48.87 YTD low and the 49.228 range top–48.9 consolidation late in NY, printing a 48.475 session low. RSI(14) is oversold at 28.5, price sits below ema20 (48.958) and ema50 (49.315), and ATR is 160.9 pips heading into the weekly close.
Support: 48.641, 48.475
Resistance: 48.87, 48.958, 49.228
What it said to watch
A close back above the 48.87 YTD low and ema20 at 48.958 would mark the breakdown as a false break
Failure to hold the 48.641 swing low exposes the 48.475 session low again
Recovery through the 49.228 range top would end the lower-high sequence
Fed's Jefferson at 00:00 UTC speaks after the weekly close, so there is gap risk at the reopen; Warsh Mon 17:00 UTC is the larger driver
Lower highs and lower lows since the post-PPI spike; YTD low broken intraday.
The soft-PPI spike to 50.28 was sold during NY hours as yields stayed firm. Silver broke the Asian range low at 49.58, then slipped through the 48.87 ytd low with lower highs off the 49.23 swing high, printing a 48.70 session low late in NY. RSI(14) is oversold at 28.1, price is below both EMAs, and ATR(14) has eased from 224 to 148 pips as the selling slows.
Support: 48.701
Resistance: 48.87, 49.076, 49.228
What it said to watch
M15 close back above the 48.87 ytd low turns the break into a false break
Close above the 49.23 swing high (near the 38.2% fib of the NY drop) breaks the lower-high chain; ema20 at 49.076 is the first cap
Failure to hold the 48.70 session low extends the lower-low sequence
Fed's Jefferson at 00:00 UTC could shift hike-size pricing and move this read
Lower highs and lower lows since PPI, late-NY tightening at the YTD low.
Silver could not hold a bounce after the softer PPI. The post-PPI leg ran from 50.03 to a 48.801 session low in late NY hours, and price is now pinned at the 48.87 YTD low, below the falling ema20 (49.106) and ema50 (49.444). Lower highs at 49.228 and 49.216 have capped rebounds; RSI(14) 30.7 sits just above oversold and ATR has eased from 224 to 144 pips as the slide slows.
Support: 48.87, 48.801
Resistance: 49.106, 49.228, 49.444
What it said to watch
M15 close below the 48.801 session low extends the lower-low chain beneath the ytd low
Reclaim of the ema20 at 49.106, then the 49.228 lower high, breaks the lower-highs sequence
Fed's Jefferson at 00:00 UTC (~3.5h) could shift the read in thin post-NY liquidity
Lower highs and lower lows since the post-PPI selloff; grinding at the YTD low.
The post-PPI drop extended in late NY hours to a 48.801 session low, just through the 48.87 YTD low, as yields and the USD stayed bid despite the soft print. Price is capped below the ema20 (49.131) and the descending trendline, with lower highs at 49.228 and 49.216. RSI(14) at 30.4 shows a mild bullish divergence against the earlier 48.909 low, and ATR is compressing from 224 to 150 pips.
Support: 48.801, 48.50
Resistance: 48.87, 49.131, 49.228
What it said to watch
An M15 close back above the 48.87 YTD low and the ema20 would ease the breakdown read
A close above the 49.228 swing high and the descending trendline breaks the lower-high chain
Failure to hold the 48.801 session low extends the leg toward the 48.50 round number
Fed's Jefferson at 00:00 UTC could materially shift this read
A move back toward the 38.2% of the post-PPI drop keeps it a corrective bounce only
Lower highs and lower lows since the 50.28 PPI spike.
Silver faded the 50.28 PPI spike through NY hours. It undercut the 48.909 afternoon low and printed a session low at 48.801, briefly through the 48.87 ytd low, as yields and the USD stayed bid despite the soft headline print. Price holds below both EMAs. RSI(14) at 30.8 sits above its 27.5 afternoon trough, a mild bullish divergence into the late-NY close, while ATR compresses toward 156 pips.
Support: 48.87, 48.801
Resistance: 49.159, 49.228, 49.366
What it said to watch
M15 closes back below the 48.87 ytd low and a break of the 48.801 session low extend the lower-low chain
Recovery through the ema20 at 49.159 and the 49.228 swing high breaks the lower-high sequence; fib 38.2 of the PPI-spike fib sits at 49.366 above
Fed's Jefferson at 00:00 UTC lands after the Friday close, so any hawkish signal shows up at the reopen
Lower highs since the PPI spike; 48.91–49.23 consolidation floor giving way.
Silver gave back the Asian push to 50.77 and broke down after the PPI-hour spike to 50.28 was rejected. Yields and the USD stayed bid despite the soft headline print. Late in the NY session price is edging below the 48.91 session low toward the 48.87 YTD low, under falling resistance and both EMAs, with RSI(14) at 31.7 and ATR contracting to 159 pips.
Support: 48.87
Resistance: 48.909, 49.188, 49.228
What it said to watch
M15 close below the 48.87 YTD low extends the downtrend into fresh lows
Recovery back above the 48.91 session low turns the break into a false break inside the consolidation
Reclaim of the ema20 (49.19) and the 49.23 range top breaks the falling resistance sequence
Fed's Jefferson at 00:00 UTC (~4h) could materially shift this read; Friday late-NY liquidity is thinning
19:43 UTC
Downtrend, momentum fading into late NY · RSI 33 · price 48.959
Lower highs after PPI; tight 48.91–49.23 base pressing its floor.
Silver spiked to 50.28 on the soft PPI print, then reversed. It slid through the 49.50 area to a 48.909 session low as yields and the USD stayed bid. Late NY is basing in a tight 48.91–49.23 range below a falling ema20 (49.217) and ema50, with lower highs intact. Price is back testing the range floor, just above the 48.87 ytd low, with RSI(14) at 33 after a brief sub-30 dip and ATR easing from 224 to 166 pips.
Support: 48.909, 48.87
Resistance: 49.228, 49.541, 50.00
What it said to watch
M15 close below the 48.909 session low exposes the 48.87 ytd low; a break there extends the downtrend
Close above the 49.228 range top breaks the lower-highs line and puts the ema50 at 49.541 in view
Reclaim of 50.00 psych would retrace most of the post-PPI drop
Fed's Jefferson at 00:00 UTC could shift yields and the USD into the Asia session
19:16 UTC
Downtrend, momentum stalling into late NY · RSI 35 · price 49.034
Lower highs after the PPI sell-off; tight base above 48.91 under a 49.23 range top.
A PPI spike to 50.28 was sold. The NY session then broke below the 49.494 breakdown level to a 48.909 session low as yields climbed, with the soft print giving no relief. Since then price has been basing in a 48.91–49.23 band after London close, below both EMAs. RSI(14) has recovered from the high-20s to 35 and ATR is contracting from 224 to 169 pips.
Support: 48.909, 48.62
Resistance: 49.228, 49.494, 49.565
What it said to watch
M15 close above the 49.228 range top, with ema20 at 49.245 just overhead, breaks the lower-highs sequence. The 49.494 breakdown level and ema50 at 49.565 sit above.
Loss of the 48.909 session low resumes the downtrend toward the 48.62 next support flagged in the digest.
Fed's Jefferson at 00:00 UTC and thinning late-Friday liquidity could distort this read.
Lower highs from the PPI spike; tight 48.91–49.23 base since 16:00 UTC.
Silver was rejected at 50.28 on the PPI spike and then broke the 49.582 Asian low, with the Treasury yield rout outweighing the soft print. The NY selloff stalled at the 48.909 session low, and price has since compressed in a 48.91–49.23 band below the ema20 at 49.268. Late in NY it is pressing the 49.00 psych handle, with RSI(14) at 36.5 and ATR easing to 174.5 pips from 224.5.
Support: 49.00, 48.909
Resistance: 49.228, 49.268, 49.582
What it said to watch
Failure to hold the 48.909 session low extends the lower-low sequence out of the base
An M15 close above the 49.228 range top and the ema20 at 49.268 breaks the lower-highs line and opens a retrace toward the 49.43 (38.2%) level of the PPI selloff fib
The 49.582 Asian low sits near the 50% retrace and the ema50 at 49.587, and is the level to watch for a retest from below
Fed's Jefferson at 00:00 UTC lands in thin post-NY liquidity and could shift the read; Warsh on Mon at 17:00 UTC is the larger risk
Lower highs from 50.28; tight 48.91–49.23 range since 16:00 UTC.
The NY-open pop to 50.28 on the softer PPI was sold as the bond rout dominated. Price broke the 49.494 post-ppi low and printed a 48.909 session low. Since 16:00 UTC it has based between 48.91 and the 49.23 range top, under a falling ema20 at 49.29, with RSI(14) up from 27.5 to 35 and ATR easing from 224 to 182 pips.
Support: 49.00, 48.909
Resistance: 49.228, 49.29, 49.494
What it said to watch
M15 close above the 49.23 range top and the ema20 at 49.29 would end the basing read. The 38.2% of the ppi selloff fib near 49.43 and the 49.494 post-ppi low sit just above.
Break of the 48.909 session low, already tested three times, resumes the lower-low sequence. The 49.00 round number is the first test.
Fed's Jefferson at 00:00 UTC could jolt thin late-Friday liquidity after London close.
18:31 UTC
Downtrend, pausing after NY flush · RSI 38 · price 49.133
Lower highs from PPI spike; tight base above 48.91 session low.
The soft-PPI bar at 13:30 UTC wicked to 50.28 and was rejected. Price then printed lower highs, broke the 49.58 Asian low and flushed to a 48.909 session low as the yield shock overrode the data. Late in the NY session it is compressing in a 48.91–49.23 band, just above the 49.00 psych level and below both EMAs. RSI(14) has recovered to 37.7 from sub-30 and ATR is easing to 188 pips.
Support: 49.00, 48.909
Resistance: 49.228, 49.317, 49.494
What it said to watch
A break below the 48.909 session low and the 49.00 psych level resumes the lower-low sequence
A close above the 49.228 range top and the ema20 at 49.317 opens the 49.49 prior low near the 38.2% PPI drop fib
Jefferson at 00:00 UTC falls after the weekly close. Warsh on Mon 17:00 UTC is the next open-gap risk
Lower highs from the 50.28 post-PPI spike; 48.91–49.23 consolidation box late in NY.
The post-PPI spike to 50.28 met rejection. Silver then broke through the 49.49 breakdown level during NY hours as yields and the dollar overrode the soft print. The 48.91 session low has held twice, and price is consolidating in a 48.91–49.23 box beneath the ema20 at 49.34. RSI(14) has lifted from sub-30 to 37.5 and ATR is cooling from 224 to 194 pips.
Support: 49.031, 48.909
Resistance: 49.228, 49.337, 49.494
What it said to watch
An M15 close above the 49.23 range top and the ema20 at 49.34 would print the first higher high since the PPI breakdown.
Failure to hold the minor low at 49.03 puts the 48.91 session low back in play. A break there extends the lower-low sequence.
A reclaim of the 49.49 breakdown level, just above the 38.2% fib at 49.43, would challenge the downtrend read.
The Friday close comes ahead of Fed's Jefferson (00:00 UTC) and Warsh on Monday, which leaves gap risk into the reopen.
Post-PPI lower highs; tight base above 48.91 session low.
Rising yields and a firm USD overrode the soft PPI. The release-bar spike to 50.28 met rejection, then NY broke the London low at 49.58 and the 49.00 handle to a 48.909 session low, leaving post-PPI lower highs at 50.28 and 50.03. Late NY is basing in a 48.91–49.23 range below a falling ema20 (49.359), with RSI(14) at 38 off a 27.5 low and ATR(14) easing to 201 pips.
Support: 48.909, 48.62
Resistance: 49.228, 49.359, 49.50
What it said to watch
M15 close above the 49.228 range top opens the ema20 at 49.359 and the 49.50 breakdown area near the 38.2% PPI drop fib (~49.43)
Loss of the 48.909 session low resumes the lower-low sequence toward 48.62 next support
A break above the post-PPI lower highs line invalidates the intraday downtrend read
Fed's Jefferson at 00:00 UTC could move thin late-Friday price
17:45 UTC
Downtrend, basing after a sharp NY sell-off · RSI 40 · price 49.173
Lower highs since the PPI spike, now a tight base above 48.91.
The softer-PPI spike to 50.28 was rejected at the NY open, and silver broke the Asian low at 49.58 on the way to a 48.91 session low, with yields rather than data driving the move. Since London close price has been basing above the 49.00 round number, below both EMAs. RSI(14) has recovered to 39.5 from 27.5, and the 49.23 bounce high and ema20 at 49.38 cap the base.
Support: 49.00, 48.909
Resistance: 49.228, 49.382, 49.582
What it said to watch
M15 close below the 48.91 session low ends the base and opens 48.62
Close above the 49.23 bounce high and ema20 (49.38) would test the 38.2% retrace of the post-PPI drop near 49.43
Asian low at 49.58 is the line where the post-PPI lower highs read would come into question
Fed's Jefferson speaks in ~6h and could materially shift this read
Lower highs from the 50.28 PPI spike; tight base 48.91–49.22 after London close.
The post-PPI spike to 50.28 was rejected despite the soft print, and NY hours produced lower highs and a break of the 49.494 low as yields kept the dollar bid. The slide stalled at the 48.909 session low, which held on three tests below the 49.00 psych level. Since London close price has based under the 49.221 base high, and RSI(14) has lifted to 35 from 27.5 while ATR(14) runs near 210 pips, up from 130.
Support: 49.00, 48.909
Resistance: 49.221, 49.402, 49.494
What it said to watch
M15 close above the 49.221 base high, then the ema20 at 49.402, would ease the lower-high sequence
The 49.494 breakdown level and the descending lower highs line near the same area cap any rebound
Loss of the 48.909 session low resumes the downtrend toward 48.62
Fed's Jefferson at 00:00 UTC and thin late-Friday liquidity could materially shift this read
Lower highs since PPI spike; tight base 48.91–49.22 after Asian low gave way.
The PPI spike to 50.28 was sold. The NY session then broke the Asian low at 49.58 and printed a session low at 48.91 as yields and USD dominated. Since the London close, price has based between 48.91 and the 49.22 range top. RSI(14) has lifted to 36 from sub-30, and price is still below a falling ema20 at 49.43, which lines up with the fib 38.2% of the PPI-high-to-low leg.
Support: 49.00, 48.909
Resistance: 49.221, 49.434, 49.582
What it said to watch
Fed Daly speaking now (17:00 GMT) and Jefferson at 00:00 GMT could extend or break the base
M15 close above the 49.22 range top opens a test of the ema20 / fib 38.2% at 49.43
Reclaiming the 49.58 asian low would undercut the breakdown read
Loss of 49.00 psych and the 48.91 session low resumes the lower-low sequence; ATR ~218 pips keeps swings wide
Lower highs trendline caps the bounce unless broken on a close
Lower highs at 50.03 and 49.221 since the PPI spike; lows stalling near 48.91.
The 13:30 GMT PPI spike to 50.28 was rejected, and the NY session has since printed lower highs at 50.03 and the 49.221 swing high as yields keep USD bid. Price sits just above the 48.909 session low, which held twice. RSI(14) is oversold at 29.8, ATR(14) has expanded to 217.8 pips, and price is below a falling ema20 (49.466) and ema50.
Support: 48.909, 48.62
Resistance: 49.221, 49.466, 50.03
What it said to watch
M15 close below the 48.909 session low extends the lower-low sequence toward next support at 48.62
Reclaim of the 49.221 swing high breaks the lower-high chain and brings ema20 at 49.466 into play, near the 38.2% of the PPI sell-off
Only a move back through the 50.03 lower high retraces the full post-PPI leg
Fed's Daly speaking now (17:00 GMT) and Jefferson at 00:00 GMT could shift this read
16:46 UTC
Downtrend, lower highs through NY session · RSI 32 · price 49.065
Day's range lows broken; lower-high/lower-low chain from 50.28 PPI spike.
Silver rejected the PPI spike at 50.28. The NY session then broke the day's 49.58 range low and carved a lower high at 50.03 before reaching a 48.909 session low, as firm yields and USD outweighed the soft PPI. The bounce stalled at the 49.221 bounce high, below a falling ema20 at 49.516, with RSI 31.9 recovering from a sub-30 dip and ATR elevated at 220 pips.
Support: 49.00, 48.909
Resistance: 49.221, 49.516, 50.03
What it said to watch
Fed Daly at 17:00 GMT (~14 min) could materially shift this read
M15 close above the 49.221 bounce high exposes the ema20 and the 38.2% of the NY selloff fib near 49.43
Failure to hold the 49.00 round number and the 48.909 session low extends the lower-low chain
A close above the lower high trendline near 50.03 negates the downtrend read
Lower highs at 50.28 and 50.03; Asian low broken, 48.909 session low.
The soft PPI spike to 50.28 was rejected. NY hours then broke the Asian low near 49.58 and the 49.49 broken low as yields climbed, printing a 48.909 session low after a lower high at 50.03. RSI(14) has lifted to 33.8 from a 27.5 trough. ATR is expanding to 224.5 pips, and price sits below both EMAs, with the bounce holding just above the 49.00 psych level.
Support: 49.00, 48.909
Resistance: 49.494, 49.561, 50.03
What it said to watch
Fed's Daly at 17:00 UTC, about 30 minutes away, could materially shift this read
A close back above the 49.49 broken low and the ema20 at 49.56 would mark a deeper retracement of the NY drop
A close below the 48.909 session low and the 49.00 psych level resumes the lower-low sequence
The 50.03 lower high caps the descending trendline; reclaiming it negates the NY downtrend read
16:16 UTC
Downtrend, extended into late NY · RSI 30 · price 49.045
Lower highs since the PPI spike; London range broken lower.
The spike to the ppi high at 50.28 on the soft US PPI print was rejected, and NY hours broke the 49.77–50.15 London range lower as yields and USD dominated. Price is now stalling near the 49.00 psych level above the 48.909 session low, below a falling ema20 at 49.6. RSI(14) has lifted to 30 after a 27.5 low while ATR keeps expanding at 223 pips.
Support: 49.00, 48.909
Resistance: 49.494, 49.60, 50.28
What it said to watch
Fed's Daly speaks in ~44 min and could materially shift this read
M15 close below the 48.909 session low extends the lower-low sequence
Reclaim of the 49.494 prior low and the ema20 at 49.6 would mark the first lower-high break since the ppi high
Failure to hold the 49.00 psych level after the RSI(14) dip to 27.5 keeps the selloff intact
16:02 UTC
Downtrend, extended into oversold · RSI 28 · price 48.962
Lower highs at 50.28 and 50.03 after PPI; London range broken lower.
The spike to 50.28 on the soft PPI print was rejected, and yields kept rising. Price then broke the London range, set a lower high at 50.03 and broke the 49.494 swing low, reaching a 48.909 session low in NY hours. RSI(14) is oversold at 27.5, ATR has expanded to 221.5 pips, and price sits well below the ema20 at 49.653 and the ema50 at 49.885.
Support: 48.909, 48.62
Resistance: 49.494, 49.653, 50.03
What it said to watch
Fed's Daly speaks in about 1h (17:00 GMT) and could materially shift this read
Failure to hold the 48.909 session low exposes the 48.62 next supp
A recovery above the 49.494 broken low and the ema20 at 49.653 would ease the lower-highs sequence
An M15 close above the 50.03 lower high invalidates the post-PPI downtrend read
The soft PPI spike to the 50.28 ppi high was rejected. NY hours then cut through the broken low at 49.494 that held the Asian and London range, printing a session low at 49.01 as yields and USD stayed bid. RSI(14) at 28.3 is oversold, price sits below a falling ema20 at 49.718, and ATR has expanded to 221 pips, so 15-minute swings are running wide.
Support: 49.01, 48.96
Resistance: 49.494, 49.718, 50.28
What it said to watch
Bowman speaks within minutes and Daly at 17:00 GMT; a hawkish lean on hike size could extend the downtrend
M15 close below the 49.01 session low exposes the next support at 48.96
Reclaim of the broken low at 49.494 would mark the range break as a false break
Close back above the ema20 near 49.718 and the lower-highs line would neutralise the intraday downtrend read
Lower highs since PPI, range break to new session low.
The soft PPI spike to 50.28 at 13:30 GMT was sold. The NY session then capped a lower high at 50.03 and cut through the 49.494 prior low to a session low near 49.17, well under both EMAs, extending the slide from the 50.77 Asian high. RSI(14) at 30.2 sits just above oversold while ATR has expanded to 220 pips, consistent with a USD/yield-driven leg with no relief from the data.
Support: 49.167, 48.96
Resistance: 49.494, 49.784, 50.03
What it said to watch
Bowman at 15:50 GMT (19 min) and Daly at 17:00 GMT could materially shift this read
Failure to hold the 49.17 session low exposes the 48.96 prior support cited earlier in the week
Recovery back above the 49.494 prior low would mark the range break as a false break
The 50% fib of the post-PPI drop (~49.72) sits just under the ema20 at 49.784; rejection there keeps the lower-high sequence intact
M15 close above the 50.03 lower high invalidates the downtrend read
Lower highs and lower lows below the broken Asian range low.
The PPI spike to 50.28 drew a rejection despite the soft print. A 50.03 lower high during the first hour of NY then gave way to a break of the Asian low at 49.582 and a new session low at 49.408. Price sits below the ema20 (49.845) and ema50, with ATR expanded to 212 pips and RSI 36.9, not yet oversold.
Support: 49.408, 48.96
Resistance: 49.582, 49.845, 50.03
What it said to watch
Bowman speaks at 15:50 UTC and Daly at 17:00 UTC; hawkish hike-size comments could extend the leg or trigger a squeeze
An M15 close back above the 49.582 Asian low marks the range break as a false break
Failure to hold the 49.408 session low leaves the next support at 48.96 in view
A close above the 50.03 lower high breaks the lower-highs chain
The soft-PPI spike to the 50.28 PPI high was sold within the bar. NY hours then broke the Asian low at 49.582 and printed a 49.494 session low as yields stayed bid. The rebound stalled at 50.03, a lower high just past the 61.8% of the PPI drop, and price is back under the ema20 at 49.881 with ATR expanded to 198 pips.
Support: 49.582, 49.494
Resistance: 49.881, 50.03, 50.28
What it said to watch
Fed's Bowman at 15:50 UTC and Daly at 17:00 UTC could materially shift this read
Failure to hold the asian low at 49.582 puts the 49.494 session low back in play; a break there extends the lower-low sequence
An M15 close above the 50.03 lower high and the 50.00 psych level breaks the lower-high chain, with the 50.28 PPI high next
Acceptance back above the ema20 at 49.881 would point to the PPI-drop rebound extending rather than fading
Lower highs from the 50.773 Asian high; post-PPI low at 49.494 retraced into the ema20/ema50 band.
The soft PPI spike to the 50.28 post-PPI high was rejected, and selling carried price to a 49.494 session low in the first hour of NY, below the 49.582 Asia low. The bounce has retraced about 58% of that drop. Price is back above the ema20 at 49.883 but sits just under the ema50 and the $50.00 psych mark. RSI(14) has recovered from 33 to 50.5 and ATR has expanded to about 195 pips, so swings are wide.
Support: 49.883, 49.582, 49.494
Resistance: 50.009, 50.151, 50.28
What it said to watch
M15 close above 50.009 ema50/psych and the 50.151 london high would break the lower-high chain toward the 50.28 post-PPI high
Failure to hold the ema20 at 49.883 puts the 49.582 asia low and 49.494 session low back in play
Bowman speaks at 15:50 UTC (~1h) and Daly at 17:00 UTC; hawkish hike-size remarks could materially shift this read
Lower highs from 50.773; London range floor broken in NY.
The soft headline PPI print spiked silver to a 50.28 PPI high that was rejected inside the bar. NY then broke the London range floor near 49.77 and the 49.58 asia low, printing a 49.494 session low and extending the lower-highs sequence from 50.773. Price sits below both EMAs with ATR expanding to 181.7 pips, and RSI at 33.7 is soft but not oversold.
Support: 49.582, 49.494
Resistance: 49.878, 50.00, 50.28
What it said to watch
An M15 close back above the ema20 at 49.878 would neutralise the post-PPI breakdown
Failure to hold the 49.494 session low extends the lower-low chain; holding back above the 49.58 asia low keeps a short-term base in play
50.00 psych, with EMA50 at 50.012, and the 50.28 PPI high cap the lower highs above
Bowman (15:50 GMT) and Daly (17:00 GMT) could materially shift this read on any talk of a larger December hike
14:16 UTC
Downtrend, fresh day low in NY · RSI 33 · price 49.553
London range broken lower after PPI spike rejection.
The soft headline PPI drew a spike to the 50.28 PPI high that was rejected within the bar. The first hour of the NY session then broke the 49.77–50.24 London range and the 49.582 Asia low, printing a fresh NY low at 49.513. Price sits below both EMAs with RSI(14) at 33.4, not yet oversold, and ATR expanding to ~179 pips from ~126 an hour earlier.
Support: 49.513, 48.96
Resistance: 49.582, 49.907, 50.28
What it said to watch
An M15 close back above the 49.582 Asia low would turn the break into a failed one
A reclaim of ema20 (49.907) and the 38.2% overnight fib near 49.99 neutralises the post-PPI leg
Loss of the 49.513 NY low leaves 48.96 support as the next reference
Fed's Bowman (15:50 GMT) and Daly (17:00 GMT) could materially shift this read
Lower highs since London open, London range floor broken after PPI.
The soft headline PPI spiked silver to the 50.28 ppi high. The wick was rejected within the next bar, and price broke the London range floor near 49.77, retaining the London lower highs. Price now sits at the 49.684 ppi low, below a falling ema20 (49.94), with RSI(14) at 38.9 and ATR(14) jumping to 171 pips in the first NY hour.
Support: 49.684, 49.582
Resistance: 49.94, 50.00, 50.28
What it said to watch
Failure to hold the 49.684 ppi low exposes the 49.582 asian low, the 24h low
M15 close back above the 49.94 ema20 and 50.00 psych level would neutralise the range break
Close above the 50.28 ppi high breaks the lower highs trendline sequence
Fed's Bowman in ~108 min and Daly in ~178 min could materially shift this read
13:46 UTC
Sideways inside a heavy tape, below both EMAs · RSI 48 · price 49.941
London range 49.75–50.24 with lower highs; PPI spike rejected.
After the Asia rejection near 50.77 and the early sweep to the 49.58 session low, silver held a 49.75–50.24 London range capped by falling London highs. The soft headline PPI spiked price through that line to 50.28, but the bar closed back at 49.94, below both EMAs and the 50.00 psych, with ATR(14) jumping to 160.8 pips.
Support: 49.749, 49.582
Resistance: 50.00, 50.059, 50.28
What it said to watch
M15 close above the 50.28 ppi high voids the false break and the London-highs lower-high sequence
Reclaim of 50.00 psych and the ema50 at 50.059 would put price back mid-range
Loss of the 49.749 pre-ppi low exposes the 49.582 session low
Fed's Bowman (15:50 GMT) and Daly (17:00 GMT) could materially shift this read
13:31 UTC
Intraday downtrend, soft PPI bounce testing range top · RSI 39 · price 50.092
London lower highs inside a 49.75–50.24 range; PPI bar probing the top.
London traded lower highs inside a 49.75–50.24 range, with the last closed bar below EMA20 (49.962) and EMA50 (50.064) and RSI 38.5. The PPI bar swept under the London lows to a 49.749 pre-PPI low, then the soft headline print (MoM 0.3% vs 0.4%) lifted silver back above 50.00. It is now pressing the London highs line and the 50.236 London high, near the 50% retrace of the Asian high-to-low leg; ATR is 135 pips.
Support: 49.962, 49.749, 49.582
Resistance: 50.236, 50.318, 50.773
What it said to watch
M15 close above the 50.236 London high breaks the lower-high sequence and opens the fib 61.8 at 50.318, then the 50.773 Asian high
Drop back below ema20 at 49.962 returns price to the London range
Close below the 49.749 pre-PPI low exposes the 49.582 Asia low
Fed's Bowman (15:50 GMT) and Daly (17:00 GMT) could materially shift this read if a larger December hike is floated
13:16 UTC
Range below both EMAs, lower highs · RSI 48 · price 49.984
London range 49.77–50.15 after the weekly-low flush, highs stepping lower.
Silver has held a 49.77–50.15 range through the London session after the 05:45 UTC flush to the 49.582 weekly low. Rebounds have printed lower highs from the 50.236 London high, and price sits at 49.98, just under the ema20 and below the ema50 at 50.074. ATR(14) has contracted from 177 to 126 pips into US PPI. The USD bid on Fed-hike repricing and rising yields keeps the metal pinned around $50.
Support: 49.77, 49.582
Resistance: 50.074, 50.151, 50.236
What it said to watch
US PPI at 13:30 UTC, 13 min out, is the likely range-break catalyst; a core print above 5% YoY lines up with the digest's downside path
M15 close below the 49.77 range low exposes the 49.582 weekly low
Close above the 50.151 range top, after reclaiming the 50.074 ema50, breaks the lower highs line and opens the 50.236 London high
Fed's Bowman at 15:50 UTC can extend or reverse the post-PPI move
13:03 UTC
Downtrend, compressing near $50 · RSI 47 · price 49.987
Lower highs since Asia, tight London range 49.77–50.15 into NY.
Asia's early pop to the 50.773 asia high faded to a 49.582 asia low as the US yield rout weighed. London has since held a 49.77–50.151 range under a lower-highs line. Price sits just below EMA20 (49.98) and the 50.078 ema50, with RSI(14) at 46.8 and ATR easing from 177 to 127 pips: compression ahead of the 13:30 GMT PPI print.
Support: 49.795, 49.582
Resistance: 50.078, 50.151, 50.773
What it said to watch
US PPI at 13:30 GMT (core YoY f/c 5%) lands inside the next two bars and could materially shift this read
M15 close above the 50.151 london high breaks the lower-highs line and opens the 50% of the asia drop fib near 50.18, then the 50.773 asia high
Failure to hold the 49.77–49.795 london low exposes the 49.582 asia low
Fed's Bowman at 15:50 GMT during NY session is the next event risk after PPI
12:47 UTC
Sideways below both EMAs after Thursday's slide · RSI 47 · price 49.907
London range 49.77–50.24 with lower highs into PPI.
Silver has held a 49.77–50.24 range through London since the Asia-session drop to the 49.582 weekly low. Lower highs off the 50.236 London high are capping rallies, and price has slipped back under the ema20 and the 50.00 psych mark with US yields still pressing. RSI(14) is neutral at 47.1 and ATR(14) has compressed to 130.6 pips from ~178, a coiled tape into PPI.
Support: 49.77, 49.582
Resistance: 49.982, 50.084, 50.236
What it said to watch
US PPI at 13:30 GMT (~45 min) is the likely catalyst to break the 49.77–50.24 range
M15 close below the 49.77 range floor exposes the 49.582 weekly low
Reclaim of 50.00 and the ema50 at 50.084 breaks the lower highs line, with the london high at 50.236 next
Fed's Bowman (15:50 GMT) and Daly (17:00 GMT) could extend any post-PPI move
London range 49.77–50.24 with lower highs into a flat floor near 49.80.
Silver is coiling around $50 after the Asia-session flush to the 49.582 weekly low. Through London it has printed lower highs off the 50.236 London high into a flat floor at the 49.795 London low, and ATR has eased from 182 to 134 pips ahead of 13:30 GMT PPI. RSI(14) sits flat at 50.7; the last close held just above the ema20 at 49.985, with the ema50 at 50.089 capping.
Support: 49.795, 49.582
Resistance: 50.089, 50.236
What it said to watch
US PPI at 13:30 GMT (core YoY f/c 5%) could materially shift this read; a hot print is the backdrop for a test of the 49.582 weekly low
M15 close below the 49.795 London low breaks the range floor
M15 close above the lower highs line and the ema50 at 50.089 opens the 50.236 London high
Bowman (15:50 GMT) and Daly (17:00 GMT) are follow-on risk during NY hours
London range 49.77–50.24 inside wide Asian range, lower highs.
Silver swept Thursday's low to a weekly low at 49.582 in Asia, with the bond rout weighing, then retraced. London has since ranged 49.77–50.24 with lower highs at 50.236 and 50.151. Price sits at 50.035, the 38.2% asia fib, above the ema20 and capped by the ema50, with RSI neutral and ATR compressing ahead of PPI.
Support: 49.981, 49.77, 49.582
Resistance: 50.091, 50.151, 50.236
What it said to watch
US PPI at 13:30 UTC (~75 min) could break the London range in either direction
M15 close below the 49.77 london low exposes the 49.582 weekly low
M15 close above the 50.236 london high ends the lower-high sequence
Acceptance above the ema50 at 50.091 shifts focus to the 50.151 lower high
12:03 UTC
Downtrend, compressing near 50.00 · RSI 50 · price 50.046
Lower highs since Asia, London range 49.77–50.24.
After Thursday's NY slide from 51.15 to 49.70 on the hawkish Fed and yield spike, silver failed at the 50.77 Asia high and set a new week low at 49.582. London has held a tight band above the london low at 49.77, with price pinned at the 50.00 psych mark between EMA20 (49.976) and EMA50 (50.094), sitting on the 38.2% fib of the Asia high-to-week low drop. RSI is neutral at 50.4 and ATR has contracted from 191 to 144 pips ahead of PPI.
Support: 50.00, 49.77, 49.582
Resistance: 50.094, 50.151, 50.236
What it said to watch
US PPI at 13:30 GMT (core YoY f/c 5%) could break the compression either way
M15 close above the 50.236 lower high breaks the lower-high sequence and opens the 61.8% fib near 50.32
Rejection at the ema50 or the 50.151 prior high keeps the London range capped
Failure to hold the 49.77 london low exposes the 49.582 week low
Fed's Bowman at 15:50 GMT is follow-up risk after PPI
Lower highs in London, tight range 49.80–50.15 above weekly low.
Asia's spike to 50.773 fully faded into the 49.582 weekly low, and London has since printed lower highs at the 50.236 swing high and 50.151 london high, with the session low at 49.795 holding just under the 50.00 psych handle. Price sits below the ema20 (49.972) and ema50 (50.097), RSI 42.8 and ATR contracting to 137 pips as the range tightens into PPI, with the bond rout and firm USD keeping rallies capped.
Support: 49.795, 49.582
Resistance: 49.972, 50.151, 50.236
What it said to watch
US PPI at 13:30 UTC (~1h45m) could materially shift this read; core is the high-impact print
M15 close below the 49.795 session low reopens the 49.582 weekly low
Break below the 49.582 weekly low confirms a fresh lower-low
Close above the ema20 and 50.00 psych, then the 50.151 london high, breaks the lower-highs trendline
Reclaiming the 50.236 swing high negates the London lower-highs sequence
11:31 UTC
Intraday downtrend, lower highs through London · RSI 38 · price 49.833
Lower highs inside Asian range, testing London low.
The Asia spike to 50.773 faded into a 49.582 weekly low as the US bond rout weighed. London has stayed inside that Asian range, with a rejection at the 50.151 London high and a lower high below the 50.236 swing high, leaving price under the ema20 at 49.98 and back below $50.00. ATR(14) has compressed from 193.7 to 138.5 pips ahead of US PPI.
Support: 49.77, 49.695, 49.582
Resistance: 49.98, 50.151, 50.236
What it said to watch
Break of the 49.77 London low exposes the 49.695 Thu low and the 49.582 Asia low
M15 close above the 50.151 London high breaks the descending trendline and the lower-high sequence; 50.236 swing high above
Reclaim of the ema20 at 49.98 and $50.00 would neutralise the intraday downtrend read
US PPI at 13:30 UTC (~2h) could materially shift this read; Fed's Bowman follows at 15:50 UTC
11:16 UTC
Downtrend, compressing below EMAs · RSI 42 · price 49.912
London range 49.77–50.15 inside the Asian range, with lower highs.
The Asia session popped to 50.773, then faded hard and swept Thursday's 49.695 low down to the 49.582 asian low before buyers stepped back in. London has since held a 49.77–50.15 range, with lower highs capping beneath the ema20 at 49.996 and the swing low at 49.84 tested twice. RSI(14) sits at 41.6 and ATR(14) has compressed to 141 pips from 190 into US PPI, as the bond-yield rout keeps silver heavy near $50.
Support: 49.84, 49.77, 49.582
Resistance: 49.996, 50.151, 50.236
What it said to watch
US PPI at 13:30 UTC (~2h15m away) could materially shift this read; Bowman speaks at 15:50 UTC
An M15 close above the 50.151 london high breaks the lower-highs line and brings the 50.236 rebound high into play
Failure to hold the 49.77 london low exposes the 49.582 asian low
Repeated rejection at the ema20 near 49.996 / $50.00 keeps the range capped
11:02 UTC
Downtrend, compressing below both EMAs · RSI 39 · price 49.901
Lower highs inside London range 49.77–50.236, under the Asian-spike high.
The Asian spike to 50.773 was sold to a weekly low at 49.582 as the US bond rout kept the USD bid. Mid-London, silver is drifting in the lower half of the 49.77 london low to 50.236 london high range, with a lower high at 50.151 and the ema20 at 50.007 capping. RSI(14) has eased to 38.9 and ATR(14) has compressed to 146.6 pips into PPI.
Support: 49.77, 49.582
Resistance: 50.007, 50.151, 50.236
What it said to watch
Failure to hold the 49.77 london low exposes the 49.582 weekly low
M15 close above the 50.151 lower high breaks the London lower-highs trendline; 50.236 london high sits above, near the 50%-61.8% of the asian spike fib
Reclaiming the ema20 at 50.007 and the 50.00 handle would ease the downside sequence
US October PPI at 13:30 GMT (~2.5h, core YoY f/c 5%) could push the range well beyond the current ATR
10:46 UTC
Downtrend, compressing near $50.00 · RSI 42 · price 49.904
London coiling inside the Asian range, lower highs and higher lows.
The early-Asia pop to 50.77 was sold back to a weekly low at 49.582, extending Thursday's bond-rout slide. London is now coiling between the london low at 49.77 and the london high at 50.236. Lower highs and higher lows are forming below the ema20 at 50.022 and the ema50 at 50.137, with RSI(14) at 41.5 and ATR(14) easing from 190 to 151 pips.
Support: 49.77, 49.582
Resistance: 50.022, 50.151, 50.236
What it said to watch
US PPI at 13:30 GMT is the likely catalyst to break the compression
M15 close below the 49.77 london low breaks the higher-low line and exposes the 49.582 weekly low
M15 close back above the ema20 at 50.022 and the 50.151 lower high challenges the lower-high sequence; above the 50.236 london high voids the compression read
Fed's Bowman (15:50 GMT) could extend any post-PPI move
10:31 UTC
Downtrend, compressing around $50 · RSI 45 · price 49.991
Lower highs vs higher lows since the Asia sweep of 49.58; London inside Asian range.
The Asia pop to 50.77 was sold into a 49.58 sweep of the weekly low, as the bond rout kept silver heavy. London has compressed between the 49.77 london low and the 50.15 london high around $50. Price sits below a flattening ema20 (50.034) and a falling ema50 (50.146), with RSI 45 and ATR easing from 194 to 153 pips.
Support: 49.77, 49.582
Resistance: 50.034, 50.151, 50.236
What it said to watch
M15 close above the 50.151 london high breaks the lower-highs line and puts the 50.236 swing high in play
Failure to hold the 49.77 london low breaks the higher-lows line and exposes the 49.58 weekly low
US PPI at 13:30 GMT (~3h) is the likely catalyst to resolve the compression; Bowman and Daly follow
10:16 UTC
Downtrend, compressing near 50.00 · RSI 47 · price 49.995
Lower highs vs higher lows since the Asia flush, tightening pennant around 50.00.
Silver is coiling around 50.00 mid-London after the Asia-session flush to a 49.582 weekly low, with a lower high at 50.335, then 50.236 and the 50.151 london high, against a higher low at 49.770 (london low) and 49.906. Price sits below the ema20 (50.039) and EMA50 (50.152), RSI 46.6 is neutral and ATR is compressing to 160 pips while the US bond rout keeps the metal heavy into PPI.
Support: 49.906, 49.77, 49.582
Resistance: 50.039, 50.151, 50.335
What it said to watch
M15 close above the 50.151 london high (≈EMA50) breaks the lower-high sequence and the pennant top
Failure to hold the 49.906 higher low, then the 49.770 london low, reopens the 49.582 weekly low
Reclaim of the ema20 at 50.039 needed to ease the pressure under 50.00
US PPI at 13:30 GMT (~3h away) likely resolves the compression. Bowman (15:50) and Daly (17:00) could materially shift this read
London range 49.77–50.236 inside Asian 49.582–50.773 range.
Silver is holding the $50.00 handle mid-London after the Asian bounce to the 50.773 asian high was sold and a sweep to the 49.582 asian low, below Thursday's 49.695 NY low, was reclaimed. Higher lows at 49.582 and the 49.77 london low keep price above ema20 (50.042) but under ema50 (50.158), RSI(14) neutral at 50.4 and ATR easing to 161.8 pips.
Support: 50.042, 49.77, 49.582
Resistance: 50.158, 50.236, 50.773
What it said to watch
M15 close above ema50 50.158 and the 50.236 london high opens the path toward the 50.773 asian high
Break of the 49.77 london low ends the higher-low sequence and exposes the 49.582 asian low
US PPI at 13:30 UTC (core YoY f/c 5%) could materially shift this read, with Bowman at 15:50 UTC to follow
09:46 UTC
Downtrend, compressing at $50.00 · RSI 48 · price 49.92
Lower highs above a flat 49.77 London low.
Silver is pinned to the $50.00 handle after the 05:45 UTC sweep to 49.582 below Thursday's 49.695 low reversed straight back. London is holding a 49.77–50.24 range, with a lower high at 50.114 capping price near the ema20 and the 38.2% fib of the asian high-to-sweep low drop. Price sits below both EMAs, RSI is neutral at 47.7 and ATR is easing to 161 pips after Thursday's USD-driven slide.
Support: 49.77, 49.695, 49.582
Resistance: 50.114, 50.236, 50.773
What it said to watch
M15 close below the 49.77 london low exposes the thu low at 49.695, then the 49.582 sweep low
A close above the 50.236 london high breaks the lower-high sequence and reopens the fib 61.8% near 50.32
US PPI at 13:30 UTC (about 3.7h) could materially shift this read; the 50.773 asian high marks the outer range top
Bowman at 15:50 UTC is a second volatility window after PPI
09:31 UTC
Downtrend, compressing near 50.00 · RSI 45 · price 50.015
Lower highs 50.773→50.236, higher low 49.77 after 49.582 flush.
The Asian bounce to the 50.773 Asian high was sold, and a late-Asia sweep printed the 49.582 Asian low under Thursday's 49.695 prior low. London has held a 49.77 London low with a lower 50.236 swing high, leaving silver coiling around 50.00 and the 38.2% fib, below the ema50 at 50.167. RSI(14) sits at 45 and ATR at 164 pips, with the firm dollar and the bond rout keeping the tape heavy into PPI.
Support: 49.77, 49.695, 49.582
Resistance: 50.167, 50.236, 50.773
What it said to watch
M15 close below the 49.77 london low reopens the 49.582 asian low
Close above the 50.236 swing high and the ema50 at 50.167 breaks the lower-high sequence
Asian high at 50.773 caps the 61.8% fib zone if the bounce extends
US PPI at 13:30 UTC (core YoY f/c 5%) could materially shift this read, with Bowman 15:50 UTC after
09:17 UTC
Downtrend, compressing near 50.00 · RSI 45 · price 50.016
Lower highs from 50.773 Asian high, higher lows above 49.582 sweep low.
Asia spiked to the 50.773 Asian high and fully unwound. A 05:45 sweep below yesterday's 49.695 low to 49.582 was rejected straight back to 50.00. Early London is compressing between higher lows off the 49.77 London low and lower highs capped under ema20 at 50.045 (RSI(14) 45.4), with the USD-led bond rout keeping silver heavy into PPI.
Support: 49.77, 49.582
Resistance: 50.045, 50.236, 50.773
What it said to watch
M15 close below the 49.77 london low breaks the higher-low sequence and puts the 49.582 sweep low back in play
Close above ema20 at 50.045 and the 50.236 swing high would end the lower-high chain and open the 50% fib near 50.18
US PPI at 13:30 GMT (core YoY f/c 5%) could materially shift this read; Bowman follows at 15:50 GMT
ATR(14) near 170 pips: intraday swings around 50.00 remain wide
09:02 UTC
Downtrend, compressing near 50.00 · RSI 43 · price 49.997
Lower highs since the 50.773 Asian high; lows holding above the 49.582 sweep low.
The Asian drop from 50.773 swept Thursday's prior low at 49.695 down to 49.582 before recovering. London has printed lower highs, capped at 50.236, with price pinned at the 50.00 psych below a falling ema20 (50.05) and ema50 (50.18) and RSI at 43. Thursday's USD-led bond rout keeps silver heavy into PPI.
Support: 49.77, 49.695, 49.582
Resistance: 50.05, 50.182, 50.236
What it said to watch
M15 close above the london high at 50.236 breaks the lower-highs sequence
A reclaim of the ema20 and ema50 at 50.05/50.18 would neutralise the downtrend read
Loss of the london low at 49.77 exposes the prior low at 49.695, then the asian low at 49.582
US PPI at 13:30 GMT (~4.5h) could materially shift this read; Bowman follows at 15:50 GMT
Lower-high chain from Asian high; London trading inside 49.77–50.236.
Silver is capped below a falling ema20 (50.06) with lower highs stepping down from the 50.773 Asian high along a descending trendline. A late-Asia sweep of yesterday's 49.695 prior low to the 49.582 Asian low was reclaimed, and London has so far held a 49.77 london low to 50.236 london high range around the $50 psych level as the US bond rout keeps USD bid.
Support: 49.77, 49.695, 49.582
Resistance: 50.06, 50.236, 50.773
What it said to watch
M15 close above the 50.236 london high breaks the descending trendline and the lower-high chain; 50.773 asian high next above
Failure to hold the 49.77 london low reopens the 49.695 prior low and 49.582 asian low
Reclaim of the ema20 at 50.06 would neutralise the immediate lower-high read
US PPI at 13:30 UTC (~4.7h) could materially shift this read; ATR at 175.8 pips with RSI(14) 38.8, not oversold
Lower highs from 50.773 Asian high; early London pressing session low under 50.00.
Asia swept yesterday's 49.695 prior low to a 49.582 Asian low before snapping back. Lower highs since the 50.773 Asian high are capped by a falling trendline, and early London has printed a 49.77 session low below the 50.00 psych and the ema20, with RSI(14) at 35.1. The US bond rout and firm USD into PPI keep the tape heavy.
Support: 49.77, 49.695, 49.582
Resistance: 50.00, 50.236
What it said to watch
M15 close below 49.582 Asian low extends the downtrend below the swept prior low
Hold of 49.77 session low with a close back above 50.00 psych and ema20 eases downside pressure
M15 close above 50.236 swing high breaks the falling trendline and the lower-high chain
US PPI 13:30 GMT (~5h) could materially shift this read; ATR(14) ~177 pips already wide
Lower highs from the 50.773 Asian high; prior low swept, early London pressing 49.90.
Asia gave back its uptick to the 50.773 Asian high, then swept yesterday's 49.695 prior low to 49.582 before snapping back. Early London is printing lower highs and testing the 49.90 London low beneath the ema20 at 50.106, with RSI at 40.7 and ATR easing from 193.7 to 175.8 pips as the bond-rout USD bid holds ahead of PPI.
Support: 49.90, 49.695, 49.582
Resistance: 50.106, 50.236, 50.773
What it said to watch
M15 close below the 49.582 Asian low confirms a fresh lower-low
Close above the 50.236 swing high breaks the lower-highs sequence
Failure to hold the 49.90 London low exposes the 49.695 prior low
US PPI at 13:30 GMT (~5h) could materially shift this read
Asian high at 50.773 caps any recovery inside the Asian range
08:02 UTC
Downtrend, compressing at $50 · RSI 42 · price 50.008
Lower highs from the 50.773 Asia high, holding above the 49.582 sweep low.
Silver sits on the $50 handle at London open, below both EMAs and capped by a run of lower highs from the 50.773 Asia high as rising yields keep the metal heavy. The 05:45 GMT sweep of Thursday's NY low to the 49.582 Asia low was reclaimed above $50, but rebounds since have stalled under the ema20 at 50.12, with RSI(14) at 42.
Support: 49.781, 49.582
Resistance: 50.12, 50.236
What it said to watch
M15 close below the 49.781 swing low reopens the 49.582 asia low
Close above the lower highs line and the 50.236 lower high breaks the descending sequence
US PPI at 13:30 GMT (core YoY f/c 5%) could materially shift this read
Lower highs from the 50.773 asia high; late-Asia sweep to 49.582 then a higher low at 49.781.
The Asia spike to the 50.773 asia high fully reversed as 10y yields near 5.13% kept pressure on metals. The late-Asia flush to the 49.582 session low swept Thursday's 49.695 trough before snapping back to the 50.00 psych level, and lower highs have capped every bounce since. Early London is chopping just under the ema20 (50.132) with RSI(14) at 44.4, and the rebound has stalled near the 50% fib at the 50.236 swing high.
Support: 50.00, 49.781, 49.582
Resistance: 50.132, 50.236, 50.773
What it said to watch
M15 close above the 50.236 swing high and ema50 (50.238) breaks the lower-highs sequence and opens the 61.8% fib near 50.32, then the asia high at 50.773
A break of the 50.00 psych level and the 49.781 higher low reopens the 49.582 session low
US PPI at 13:30 GMT could materially shift this read; Bowman (15:50 GMT) follows
ATR(14) at 182 pips means swings of roughly 0.18 per bar are routine here
07:31 UTC
Downtrend, lower highs since the Asia spike · RSI 41 · price 49.974
Lower highs from 50.773, sweep of the prior low, then a failed bounce under 50.00.
Silver faded the Asian high at 50.773 into a chain of lower highs. It then swept yesterday's 49.695 prior low to a 49.582 sweep low around 05:45 UTC before reclaiming 50.00, but the bounce stalled at the 50.236 swing high under the ema50 and price is back below the $50 handle and the ema20 (50.141), with RSI(14) at 40.7. The firm USD and 10y yields near 5.13% into PPI match supply capping each rebound, with ATR near 186 pips.
Support: 49.781, 49.695, 49.582
Resistance: 50.141, 50.236, 50.773
What it said to watch
M15 close above the 50.236 swing high and ema50 (50.246) breaks the Asia lower-highs trendline
Loss of the 49.781 higher low reopens the 49.695 prior low and 49.582 sweep low
US PPI at 13:30 UTC (15:30 broker) could materially shift this read; Bowman 15:50 UTC follows
Rejection again at the ema20 (50.141) keeps the lower-highs sequence intact into London open
Lower highs from Asian high; sweep below Thursday low reclaimed.
The Asian spike to the 50.773 Asian high faded into lower highs, and an early-European flush swept Thursday's NY prior low at 49.695 down to 49.582 before closing back above 50.00, with the hawkish Fed repricing and firm USD still weighing. Price now holds near the 38.2% retrace of that move, below the ema20 at 50.157 and the ema50 at 50.257. RSI(14) has recovered to 44.7 from near 30, and ATR(14) is 191 pips.
Support: 49.781, 49.695, 49.582
Resistance: 50.157, 50.257, 50.773
What it said to watch
A close back below the 49.781 swing low puts the 49.695 prior low and 49.582 sweep low back in play.
A recovery above the ema20 at 50.157 and ema50 at 50.257 opens the 50% retrace of the Asian high to sweep low move near 50.18–50.32.
A move through the 50.773 Asian high negates the lower-high sequence.
US PPI at 13:30 GMT (core YoY f/c 5%), with Fed's Bowman after, could materially shift this read.
07:02 UTC
Downtrend, bouncing off a swept low · RSI 45 · price 50.187
Lower highs from 50.773 Asian high; 49.582 sweep below prior low reclaimed.
Thursday's NY-session slide on a firmer USD and hawkish Fed repricing set the 49.695 prior low. The Asian spike to the 50.773 Asian high faded, and a late-Asia drop swept that low to a 49.582 session low before reclaiming 50.00. London open is now pressing the 50.165 ema20 near the 50% fib of that move, with the last close still below both EMAs and RSI recovering from 30.3 to 44.7.
Support: 49.781, 49.695, 49.582
Resistance: 50.165, 50.335, 50.773
What it said to watch
M15 close above the 50.335 breakdown level and the 50.264 EMA50 would end the lower-high sequence from the Asian high
Loss of the 49.781 swing low reopens the 49.695 prior low and the 49.582 session low; acceptance below it confirms a lower-low
ATR near 194 pips and still expanding, so intraday swings remain wide
US PPI at 13:30 GMT, with core YoY forecast at 5%, could materially shift this read; Fed's Bowman follows at 15:50 GMT
Lower-high chain from the 50.773 Asia high; prior-day low swept and reclaimed, bounce capped.
Late Asia session. The 01:15 UTC pop to 50.773 has been fully unwound through a chain of lower highs, and the 05:45 sweep below Thursday's 49.695 prior low to 49.582 was reclaimed, but the bounce stalled at 50.072. Price sits below a falling ema20 (50.174) and ema50 with RSI at 30.3, just above oversold, as hot-CPI hike bets and a firm USD keep silver heavy into PPI.
Support: 49.695, 49.582
Resistance: 50.072, 50.174, 50.335
What it said to watch
M15 close above the 50.072 bounce high and the ema20 at 50.174, near the 50% fib of the Asia sell-off, eases the lower-high read
A break of the Asia lower highs trendline and the 50.335 lower high would neutralise the intraday downtrend
Acceptance below the 49.695 prior low and the 49.582 sweep low extends the downtrend
US PPI at 13:30 UTC (~6.7h), then Fed's Bowman at 15:50 UTC, could materially shift this read
Lower highs from 50.77 Asian high; sweep of prior low at 49.58, price back under 49.90.
The Asia spike to the 50.77 Asian high faded into a run of lower highs. The late-Asia Asian drop then swept the 49.70 prior low to a 49.58 session low before snapping back, and price is drifting near 49.88 below both EMAs ahead of the London open. RSI(14) at 31.4 sits just above oversold, ATR(14) is elevated at ~190 pips, and the hawkish Fed/firm USD backdrop that drove Thursday's slide is still in place.
Support: 49.695, 49.582
Resistance: 50.208, 50.30, 50.773
What it said to watch
M15 close below the 49.58 session low turns the sweep into a fresh lower low
Failure to hold the 49.70 prior low keeps the late-Asia sweep low in play
Reclaim of the 50.21 ema20 and the descending highs line would ease the downtrend read; the 50.30 breakdown level and 50.77 Asian high sit above that
US PPI at 13:30 UTC (core YoY f/c 5%) could materially shift this read
06:16 UTC
Downtrend, lower highs off the Asian peak · RSI 35 · price 50.057
Asian bounce fully unwound; sweep below prior low recovered to 50.00.
The Asia session bounce to the 50.773 asian high faded into lower highs. EMA20 slipped back under EMA50, and late Asia saw a sweep below Thursday's 49.695 prior low to a 49.582 sweep low before price recovered to about 50.00. Price sits below the ema20 (50.242) and ema50 (50.305) with RSI(14) at 34.6 and ATR near 189 pips, extending Thursday's NY selloff as hawkish Fed repricing keeps USD firm.
Support: 49.695, 49.582, 49.00
Resistance: 50.242, 50.305, 50.773
What it said to watch
M15 close below the 49.582 sweep low confirms a lower low, with the 49.00 round number next
Reclaiming the ema50 at 50.305 and the asian lower highs trendline weakens the downtrend read
Repeated holds above the 49.695 prior low would mark the sweep as a rejection of lower prices
US PPI at 13:30 UTC (core YoY f/c 5%) could materially shift this read, with Fed's Bowman and Daly after
Lower highs from 50.773; fresh lower low at 49.582 then partial reclaim.
Late-Asia selling erased the early surge to the 50.773 Asian high. The 05:45 UTC bar swept Thursday's 49.695 prior low to a 49.582 session low and snapped back to 50.016, but the current bar is back under the 50.00 psych level. Price sits below both EMAs with ATR expanding to 190 pips and RSI 36.1, not oversold, as the hot-CPI, hawkish-Fed backdrop keeps metals heavy.
Support: 49.695, 49.582
Resistance: 50.00, 50.27, 50.773
What it said to watch
A close back above 50.00 psych and the 50.27 ema20 weakens the lower-high sequence
Failure to hold 49.695 prior low and a break of the 49.582 session low confirm the sweep did not mark a floor
London open within the next couple of hours can extend or reject the session low
US PPI at 13:30 UTC (core YoY f/c 5%) could materially shift this read, with Fed's Bowman and Daly later
The lower-high trendline from the 50.773 Asian high caps rebounds while intact
Lower highs from Asia high; retesting prior range floor.
The Asia spike to the 50.773 asia high stalled inside the 50–61.8% fib zone of Thursday's sell-off, which came on a firmer USD and hawkish Fed commentary, and has since printed lower highs back below the ema20 and ema50. Price has slipped through the 50.20 broken shelf and is retesting the 49.92 range floor, with RSI(14) at 38.2 and ATR(14) near 167 pips.
Support: 49.92, 49.695
Resistance: 50.20, 50.297, 50.773
What it said to watch
M15 close below the 49.92 range floor exposes the 49.695 swing low
Reclaiming the 50.20 broken shelf and the ema20 at 50.297 would neutralise the lower-highs read
A break above the lower-highs line toward the 50.773 asia high would reopen the Thursday decline fib zone
US PPI at 13:30 GMT (core YoY f/c 5%) could materially shift this read
Lower highs off the 50.77 Asia high, testing the 50.19 shelf.
After Thursday's NY-session slide to a 49.70 day low on a firmer USD and hawkish Fed talk, Asia spiked from 49.94 to a 50.77 session high. That move has since faded through a run of lower highs, retracing beyond 61.8% of the Asia spike. Price now sits below the flat ema20 (50.32) and ema50 (50.34) and is testing the 50.19 asia shelf ahead of London open, with RSI neutral at 50 and ATR easing to about 157 pips.
Support: 50.188, 49.935, 49.695
Resistance: 50.341, 50.773
What it said to watch
M15 close below the 50.19 asia shelf exposes the 49.94 asia low and the 49.70 day low
Close back above the ema50 at 50.34 and the lower-highs trendline breaks the fade from the asia high
US PPI at 13:30 GMT (core YoY f/c 5%) could materially shift this read; ATR near 157 pips already reflects wide swings
Lower highs off the 50.773 Asian high; price at the 61.8% retrace above the 50.192 swing low.
Thursday's NY selloff hit a 49.695 low on the post-CPI USD bid. Asia then spiked off the 49.926 Asian low to 50.773, but that rebound met rejection and has faded on a chain of lower highs. Price now sits at the 61.8% retrace near 50.25, just above the 50.192 swing low and below the ema20 (50.322) and ema50 (50.343), with RSI(14) at 46 and ATR at 157 pips.
Support: 50.192, 49.926, 49.695
Resistance: 50.322, 50.506, 50.773
What it said to watch
Failure to hold the 50.192 swing low exposes the 49.926 Asian low, then the 49.695 NY low
M15 close above the ema20 at 50.322 and the lower highs line opens a retest of the 50.506 breakdown level, then the 50.773 Asian high
US PPI at 13:30 GMT, followed by Bowman and Daly, could materially shift this read
05:02 UTC
Asia bounce faded, back below both EMAs · RSI 47 · price 50.288
Lower highs off 50.77, Asian range floor broken.
Thursday's NY-open slide on firmer USD and hawkish Fed repricing bottomed at the 49.70 NY low. The early-Asia squeeze from the 49.93 Asia low to the 50.77 Asia high has since printed lower highs. Price slipped through the 50.41 range floor and is holding the 50.19 pullback low near the 61.8% retracement of that rally, with RSI(14) at 47.2 and price below the ema20 (50.33) and ema50 (50.35).
Support: 50.192, 49.926, 49.695
Resistance: 50.346, 50.406, 50.773
What it said to watch
A close back above the 50.41 range floor, and above the ema50 at 50.35, would undo the range break
Failure to hold the 50.19 pullback low exposes the 49.93 Asia low, then the 49.70 NY low
A break of the lower highs line toward the 50.77 Asia high would negate the fade
US PPI at 13:30 GMT, then Bowman and Daly, could materially shift this read. ATR near 162 pips is already elevated
Lower highs off Asian high, 50.41 range floor broken.
The Asian bounce from the 49.93 asian low to the 50.77 session high printed lower highs. The 04:00 UTC drop then broke the 50.41 range floor, putting price below the ema20 (50.336) and ema50 near the 61.8% retrace of the Asia rally, with RSI(14) at 45.4. Yesterday's hawkish-Fed sell-off set the 49.695 prior low, and ATR(14) of 168.5 pips points to wide intraday swings.
Support: 50.192, 49.926, 49.695
Resistance: 50.336, 50.41, 50.773
What it said to watch
M15 close back above the 50.41 range floor negates the break and puts the lower-highs line in focus
Failure to hold the 50.19 intraday low exposes the 49.93 asian low, then the 49.695 prior low
US PPI at 13:30 GMT, then Fed's Bowman and Daly, could materially shift this read
Lower highs off the Asia session high. The 50.41-50.71 range is broken to the downside..
Thursday's NY slide to the 49.695 prior low came as a firmer USD and hawkish Fed talk weighed on silver. Late-Asia trade has broken the 50.406 range floor after repeated rejection near 50.71 and a lower-highs sequence off the 50.773 session high. Price sits below the ema20 (50.346) and ema50 (50.354) near the 61.8% retracement of the Asia bounce, with RSI(14) at 45.4 and ATR around 174 pips.
Support: 50.193, 50.00, 49.695
Resistance: 50.346, 50.406, 50.773
What it said to watch
M15 close below the 50.193 pullback low exposes the 50.00 psych level and the Asian base
Reclaim of the 50.406 range floor, with price back above ema20, would negate the lower-highs read
Break of the 49.695 prior low would extend Thursday's sell-off structure
US PPI at 13:30 UTC could materially shift this read, with Fed's Bowman and Daly speaking later in the day
04:16 UTC
Intraday bounce fading, back below EMAs · RSI 49 · price 50.28
Asia range floor broken; price retracing the Asia spike.
Asia spiked from the 49.93 session low to a 50.77 session high at 01:45 UTC, a modest bounce after Thursday's hawkish-Fed slide to the 49.70 Thu low. Price then held a 50.41–50.71 range until the 04:00 bar broke the range floor and slipped below the ema20 near 50.36, with EMA20 now just under EMA50. Price sits between the 50% and 61.8% fib of the Asia leg. RSI(14) has cooled from 70.7 to 48.5, and ATR is 178 pips.
Support: 50.00, 49.926, 49.695
Resistance: 50.358, 50.41, 50.773
What it said to watch
A close below the 61.8% fib near 50.25 exposes the 50.00 round number and the 49.93 session low
A reclaim of the 50.41 range floor and the ema20 restores the Asia range read
US PPI at 13:30 GMT, then Fed's Bowman at 15:50 GMT, could materially shift this read; a break of the 49.70 Thu low is the next structural marker
Asia session broke out of the NY-session 49.70–50.30 range with a spike from 50.00 to the 50.773 Asia high, a relief bounce after Thursday's hawkish-Fed slide. Since then each lower high (latest 50.62) has pressed price back onto the 50.41 swing low, RSI(14) cooling from 70.7 to 58.2 with the ema20/50 confluence at 50.36 aligned with the 50% retracement of the Asia leg.
Support: 50.41, 50.36, 50.00
Resistance: 50.62, 50.773
What it said to watch
Failure to hold the 50.41 swing low puts the ema20/50 confluence at 50.36 in play; below that the 50.00 round number is the Asia breakout base
Break above the lower-highs line and the 50.62 lower high reopens the 50.773 Asia high
US PPI at 13:30 GMT, then Fed's Bowman and Daly, could materially shift this read
ATR(14) at 174.9 pips is easing from 187.1 after the spike; further compression points to the range holding into London
03:46 UTC
Rebound from lows, consolidating above EMAs · RSI 60 · price 50.517
Asian spike broke the overnight range; holding a 50.41–50.71 range.
Silver jumped from the 49.93 Asian low to a 50.773 session high early in Asia. That move broke the 49.94–50.31 range that formed after Thursday's USD and hawkish-Fed slide to 49.695. Price has since held a 50.41–50.71 range above the ema20 and ema50 near 50.35, with RSI(14) at 60.2 and ATR(14) expanded to 178 pips.
Support: 50.41, 50.353, 49.93
Resistance: 50.773, 51.15
What it said to watch
US PPI at 13:30 GMT today could materially shift this read; Bowman and Daly follow later in the NY session
Failure to hold the 50.41 range low exposes the ema20/ema50 cluster near 50.35, which is also the 50% fib of the Asian spike
Close back below 50.35 and toward the 49.93 Asian low would negate the breakout from the overnight range
Close above the 50.773 session high opens the path toward the 51.15 prior trough, the level silver broke on Thursday
03:31 UTC
Rebound off lows, stalling below Asia high · RSI 60 · price 50.496
Post-spike consolidation 50.41–50.77, lower highs since peak.
After yesterday's NY slide to 49.695 on USD strength, an early-Asia spike off 49.935 printed an asia high at 50.773, and price has since held a 50.41–50.77 band. RSI(14) has cooled from 70.7 to 59.7, and highs have come in lower since the peak. Price holds above both EMAs, and ATR has expanded to 180.8 pips.
Support: 50.406, 50.352, 50.00
Resistance: 50.773, 51.15
What it said to watch
M15 close below the 50.406 pullback low exposes the ema50 near 50.35 and the 50.00 psych handle
Close above the 50.773 asia high breaks the lower-highs sequence and puts the 51.15 prior trough in view
US PPI at 13:30 UTC, then Fed's Bowman and Daly, could materially shift this read
Asia breakout above Thursday's late range, now holding a 50.41–50.77 box.
Thursday's NY slide to 49.695 came as hawkish Fed talk and a firm USD weighed. Price then held a 49.92–50.30 range into the close. The Asia session broke above that range with a spike to the 50.773 asia high, and price is now consolidating above the 50.406 pullback low. It sits above both EMAs with RSI(14) cooling to 62.5 from 70.7.
Support: 50.406, 50.346, 50.00
Resistance: 50.773, 51.166
What it said to watch
Close below the 50.406 pullback low exposes the ema50 at 50.346 and the 50% asia rally fib near 50.35
Close above the 50.773 asia high extends the breakout toward the 51.15–51.17 broken low / former trough
Loss of the 50.00 psych level puts price back inside Thursday's NY range
US PPI at 13:30 UTC could materially shift this read, with ATR already expanded to ~186 pips
Thursday's NY-session slide to 49.70 on hawkish-Fed USD strength gave way to a quiet Asian range. That range broke higher with a spike from 49.94 to a 50.77 spike high. Price has since consolidated between the 50.41 range low and lower highs near 50.71, above both EMAs with RSI(14) at 61.9 and ATR expanded to 187 pips.
Support: 50.406, 50.339, 50.249
Resistance: 50.711, 50.773, 51.166
What it said to watch
M15 close above the 50.77 spike high extends the rebound toward prior support at 51.15–51.17, now overhead
Close below the 50.41 range low exposes the ema50 at 50.34 and the 50.25 asia top (pre-spike range high)
Failure back inside the Asian range below 50.25 would mark the breakout as a false break
US PPI at 13:30 UTC, then Bowman and Daly, could materially shift this read
Asian range breakout, now consolidating 50.41–50.71.
Silver broke out of the 49.93–50.25 Asian range with a spike to a session high of 50.773. That spike retraced part of Thursday's NY-session slide to 49.695, which came on hawkish-Fed USD strength. Price is now consolidating 50.41–50.71, holding near the 38.2% level of the spike fib and above ema20 (50.279) and ema50 (50.332). RSI(14) has cooled from 70.7 to 60.4, while ATR has expanded to 187 pips.
Support: 50.406, 50.332, 50.249
Resistance: 50.773, 51.15
What it said to watch
Loss of the 50.406 pullback low and ema50 at 50.332 exposes the asian high at 50.249 and would leave the breakout as a failed spike
M15 close above the 50.773 session high opens the path toward the 51.15 broken low, Thursday's lost weekly trough
US PPI at 13:30 GMT, then Bowman at 15:50 and Daly at 17:00 GMT, could materially shift this read
EMA20 is rising toward ema50; a cross would confirm the short-term turn in slope
Asian range broken higher; pullback from the session high.
After Thursday's hawkish-Fed slide to 49.695 during NY hours, silver held a 49.93–50.24 Asian range. It then broke higher at 01:15 GMT and spiked to a 50.773 session high, with ATR expanding to 181 pips. RSI(14) has cooled from 70.7 to 62 as price eases toward the 50.406 pullback low, which sits near the 38.2–50% fib of the Asia spike, and price still holds above both the ema20 and the ema50.
Support: 50.406, 50.326, 50.242
Resistance: 50.773, 51.166
What it said to watch
Failure to hold the 50.406 pullback low exposes the ema50 at 50.326 and the asian high at 50.242
A return below the 50.242 asian high would turn the range break into a false break
An M15 close above the 50.773 session high opens a retest of the 51.166 ny breakdown area
ema20 (50.259) is still below the ema50 (50.326); a cross would confirm the rebound structure
US PPI at 13:30 GMT, followed by Bowman and Daly, could materially shift this read
02:16 UTC
Rebounding off NY low, early pullback · RSI 61 · price 50.455
Asian range broken higher, retracing the spike.
After Thursday's NY selloff to the 49.695 ny low, Asia broke above its 49.93–50.25 range in one bar, tagging an asia high of 50.773 before fading to the 38.2% fib near 50.45. RSI(14) has cooled from 70.7 to 61.3 as ATR expands to 183.5 pips. Price holds above ema20 (50.233) and ema50 (50.319), with the asia top at 50.25 the first structural floor.
Support: 50.319, 50.249, 49.695
Resistance: 50.773, 51.15
What it said to watch
M15 close back below the 50.25 asia top (61.8% fib) returns price to the prior range and negates the breakout
Close above the 50.773 asia high opens the path toward the 51.15 broken low from Thursday
Failure to hold ema50 at 50.319 exposes the 50% fib and the asia top
US PPI at 13:30 UTC could materially shift this read; a break of the 49.695 ny low would resume the downtrend
01:46 UTC
Sharp bounce off Thursday lows, momentum hot · RSI 71 · price 50.648
Upside break of post-NY range, holding above range top.
A burst in early Asia session lifted silver out of the 49.92–50.30 range in place since Thursday's NY selloff to a 50.718 asia high. Price is consolidating near 50.65, above the EMA20 (50.165) and the EMA50 (50.30), which sits at the range top. RSI(14) is at 70.7 and ATR(14) has jumped to 181 pips; the move runs against the digest's hawkish-Fed, firm-USD tone, with the broken low near 51.15–51.20 the next overhead marker.
Support: 50.30, 50.165, 49.921
Resistance: 50.718, 51.166
What it said to watch
M15 close back below the 50.30 range top would mark the break as a false break
Close above the 50.718 asia high opens the path toward the broken low at 51.15–51.20
Loss of the ema20 at 50.165 puts the 49.92 range low back in play
US PPI at 13:30 UTC, then Bowman and Daly, could materially shift this read
01:31 UTC
Rebound from NY low, momentum expanding · RSI 68 · price 50.689
Asian range break higher after NY-session selloff.
Silver broke above the 49.93–50.25 Asian range in one bar, spiking to a 50.718 spike high and closing above the ema50 at 50.286 and the ema20 at 50.114. Price now sits beyond the 61.8% NY drop fib of Thursday's hawkish-Fed slide from the 51.166 ny open high to 49.695. RSI(14) is 67.8, short of overbought, and ATR has jumped to 180 pips.
Support: 50.286, 50.249, 50.114
Resistance: 50.718, 51.166
What it said to watch
A return below the 50.249 asian high would turn the range break into a false break
A close above the 50.718 spike high opens the path toward the 51.166 ny open high
Holding the ema50 at 50.286 on pullbacks keeps the breakout structure intact
US PPI at 13:30 UTC could materially shift this read; hawkish Fedspeak from Bowman and Daly follows
01:16 UTC
Downtrend, pausing in a range · RSI 44 · price 50.182
Tight range 49.92–50.31 under the ema50 after NY sell-off.
Silver is ranging between the 49.92 range low and the 50.31 range top in Asia after Thursday's NY slide to the 49.695 NY low. That drop came on hawkish-Fed USD strength. The range top sits at the 38.2% fib of the slide, just above the ema50 at 50.276. The 01:00 UTC bar printed a wide two-way range and closed below the ema20 at 50.07, with RSI(14) at 44.1 and ATR at 138.6 pips.
Support: 50.07, 49.92, 49.695
Resistance: 50.276, 50.306, 50.516
What it said to watch
M15 close above the 50.306 range top and the ema50 breaks the range and puts the 50.516 swing high in view
Failure to hold the 49.92 range low exposes the 49.695 NY low
Forming bar back above the ema20 at 50.07; holding it keeps price mid-range
US PPI Fri 13:30 GMT, followed by Bowman and Daly, could materially shift this read
Post-selloff range 49.92–50.31, Asia probing the top.
Thursday's selloff accelerated into the NY open as hawkish Fedspeak lifted the USD, bottoming at the 49.695 day low. Since then silver has held a 49.92–50.31 range with ATR(14) compressing from 190 to 125 pips. Early Asia is pressing the upper half: price is above the ema20 at 50.076 but still capped by the ema50 at 50.286 and the range high.
Support: 50.076, 49.92, 49.695
Resistance: 50.286, 50.306, 50.516
What it said to watch
M15 close above the 50.31 range high and ema50 opens the 50.516 ny bounce high, near the 38.2% of the Thursday selloff
Loss of the 49.92 range low exposes the 49.695 day low
US PPI at 13:30 GMT, then Bowman and Daly, could materially shift this read
Tight 49.92–50.30 range below ema50 after NY-session sell-off.
Silver is chopping in a 49.92–50.30 range since the NY-session slide to the 49.695 ny low on hawkish Fed and USD strength. The early Asia session is contained between 49.93 and the 50.24 asia high. Price sits just below the ema20 (50.075), RSI is neutral at 46.8 and ATR is compressing to 125.5 pips; the range top lines up with the ema50 (50.295) and the 38.2% retracement of the NY sell-off.
Support: 49.92, 49.695
Resistance: 50.24, 50.30
What it said to watch
M15 close above the 50.30 range top (ema50 / 38.2% fib) breaks the consolidation
Failure to hold the 49.92 range low exposes the 49.695 ny low and the $50 handle
Rejection at the 50.24 asia high keeps the range intact
US PPI Fri 13:30 GMT, then Bowman 15:50 and Daly 17:00 GMT, could materially shift this read
00:31 UTC
Downtrend, pausing in a post-selloff range · RSI 48 · price 50.082
Sideways range 49.92–50.31 above the 49.695 NY low; lower highs since the slide.
Silver has held a 49.92–50.31 range since the NY-session slide to the 49.695 low on hawkish-Fed USD strength. The range top sits on the 38.2% retrace, with ema50 at 50.304 just below it. Early Asia session faded from the 50.242 Asia high back to ema20 at 50.076, with RSI(14) at 48 and ATR compressed to 128 pips from 196.
Support: 50.076, 49.921, 49.695
Resistance: 50.242, 50.306
What it said to watch
M15 close above the 50.306 range top / ema50 breaks the range and puts the 38.2% retrace behind price
Failure to hold the 49.921 range low exposes the 49.695 ny low and the $50 handle
A push back through the 50.242 asia high would mark the first higher high since the slide
US PPI Fri 13:30 GMT, followed by Bowman and Daly, could materially shift this read
49.92–50.31 range since the NY low at 49.695; Asia pushing to the range top.
Thursday's NY selloff, driven by USD strength on hawkish Fed repricing, ran from 51.166 to a 49.695 session low. Silver has since held a 49.92–50.31 range. The early Asia session push to 50.242 lifted price above the ema20, and RSI(14) recovered to 54.6 from 37.6. The range top and the ema50 sit together near 50.31, close to the 38.2% fib of the selloff, and ATR has compressed to 125 pips from about 200.
Support: 50.076, 49.921, 49.695
Resistance: 50.306, 50.313
What it said to watch
M15 close above the 50.31 range top / ema50 cluster breaks the range read
Loss of the ema20 at 50.076 returns price to mid-range, and a break of the 49.92 range floor exposes the 49.695 session low
US PPI Fri 13:30 GMT (core YoY f/c 5%) could materially shift this read, with Bowman and Daly speaking after it
Silver extended through NY hours on the USD bid and hawkish Fed repricing, bottoming at the 49.695 day low before settling into a 49.92–50.31 range. ATR(14) has compressed from 204 to 121 pips. Into the Asia session price holds above the ema20 at 50.065 and is pushing toward the range top, with the ema50 at 50.319 sitting on it and RSI(14) recovering to 48.8.
Support: 50.065, 49.92, 49.695
Resistance: 50.31, 50.52
What it said to watch
M15 close above the 50.31 range top and ema50 opens the 50.52 lower high from NY hours
Close back below the ema20 at 50.065 returns price to the range middle
Break of the 49.92 range low exposes the 49.695 day low
US PPI Fri 13:30 GMT could materially shift this read