XAG/USD AI Live Scan, 15-minute chart, Wednesday, 14 October 2026
Every read JAFX AI made on the XAG/USD 15-minute chart that day, newest first: trend, structure, the levels it marked and what it said to watch.
23:47 UTC
Downtrend, momentum stalled in range · RSI 52 · price 55.674
Post-CPI lower low, flat range 55.39–55.80.
The hot US core CPI print drove a flush from 58.78 to a 55.385 post-CPI low during NY hours. Price has since compressed in a 55.39–55.80 range with RSI(14) back near 52. In the early Asia session, the asia high at 55.727 is capping and the asia low at 55.466 is holding.
Support: 55.466, 55.385
Resistance: 55.727, 55.795
What it said to watch
M15 close above the 55.795 range top opens the 23.6% CPI drop fib near 56.19
Failure to hold the 55.385 post-CPI low resumes the downtrend leg
US PPI / Retail Sales cluster Thu 12:30 UTC could materially shift this read
Hot US core CPI knocked silver from 58.78 to a post-CPI low of 55.385, and it has gone flat since in a 55.39–55.80 range for about eight hours. The early Asia session is holding between its asia low at 55.466 and asia high at 55.727, with price at 55.59, just under EMA20. RSI(14) is neutral near 49 and ATR(14) is about 150 pips.
Support: 55.466, 55.385
Resistance: 55.727, 55.795
What it said to watch
An M15 close above the 55.795 range top breaks the post-CPI consolidation and puts 56.19 (23.6% of the CPI drop fib) in view
Failure to hold the 55.385 post-cpi low resumes the lower-low sequence of the downtrend
A break of the asia high or asia low sets the first directional cue of the session
US PPI, Retail Sales and jobless claims at Thu 12:30 UTC could materially shift this read
23:17 UTC
Downtrend, pausing in post-CPI base · RSI 46 · price 55.59
Tight consolidation 55.39–55.80 after CPI breakdown.
The hot core CPI print at 12:30 UTC broke silver out of its 58.36–59.36 pre-data range, and the slide ran to the 55.385 post-cpi low by 18:00 UTC. Since then price has held a 55.39–55.80 range below EMA20. Early Asia session is trading between the 55.466 asian low and the 55.727 asian high, with the drop not yet retraced to its 23.6% cpi drop fib near 56.19.
Support: 55.466, 55.385
Resistance: 55.727, 55.795, 56.00
What it said to watch
M15 close below the 55.385 post-cpi low resumes the lower-low sequence
Close above the 55.795 range top and the 56.00 psych 56 level breaks the consolidation toward the 56.19 fib
Asian high 55.727 / asian low 55.466 define the current session range
US PPI, Retail Sales and Claims at 12:30 UTC Thu could materially shift this read
The hot core CPI at 12:30 UTC broke silver from the 58.36–58.89 London range down to a 55.385 session low. Since mid-NY it has held a 55.39–55.80 box with a range base near 55.48 and lower highs at the range top and the 55.727 reopen high. Price has slipped back under EMA20 near 55.68.
Support: 55.485, 55.385
Resistance: 55.727, 55.795
What it said to watch
M15 close above the 55.795 range top breaks the lower-highs sequence and invalidates the consolidation read
Failure to hold the 55.48 range base and the 55.385 session low resumes the post-CPI downtrend
Thin Asia session trade likely keeps the box intact; US PPI and Retail Sales at 12:30 UTC Thu could materially shift this read
Tight post-CPI range 55.39–55.80 beneath the selloff.
The hot core CPI print at 12:30 UTC drove a 58.78 to 55.385 leg. Since mid-NY, price has held a 55.39–55.80 band with a range floor near 55.49. The new Asia session opened in the upper half of the band. RSI(14) has recovered to about 50 from oversold, and price sits just above EMA20.
Support: 55.49, 55.385
Resistance: 55.795, 56.20
What it said to watch
M15 close above the 55.795 range top opens the 56.20 breakdown area, which aligns with the 23.6% retrace of the cpi leg fib
Failure to hold the 55.49 range floor exposes the 55.385 post-cpi low and resumes the lower-low sequence
US PPI and Retail Sales at 12:30 UTC Thu could materially shift this read; ATR is near 145 pips before the event
Tight 55.39–55.80 range after impulsive post-CPI drop.
Hot core CPI at 12:30 UTC knocked silver from 58.78 to a 55.385 session low. NY then built a 55.39–55.80 base that has held for six hours, with lows edging lower but the range high capping. Early Asia session is drifting into the top half of the base, price just under EMA20 (~55.74), RSI(14) near 42 and the CPI drop fib's 38.2% level far overhead at 56.68.
Support: 55.485, 55.385, 55.00
Resistance: 55.795, 56.57
What it said to watch
M15 close above the 55.795 range high opens psych 56 and the 56.57 august low, former support now overhead
Loss of the 55.485 late ny low and a break of the 55.385 session low resumes the downtrend toward the 55.00 round number
US PPI and Retail Sales Thu 12:30 UTC could materially shift this read; PPI is the follow-through test for the hot CPI
22:17 UTC
Downtrend, pausing after CPI drop · RSI 37 · price 55.64
Post-CPI range 55.39–55.80 below a flattening ema20.
Hot US core CPI drove the 12:30 UTC CPI drop from 58.78 to 55.39. Since 16:00 UTC silver has held a 55.39–55.80 box, with the range top and ema20 (~55.74) capping rallies and the range floor near 55.47 absorbing repeated tests. Early Asia session trades mid-range at 55.64, RSI(14) ~37.
Support: 55.47, 55.385
Resistance: 55.78, 56.57
What it said to watch
M15 close above the 55.78–55.80 range top breaks the consolidation and puts the 56.57 Aug low in view as the first overhead reference
Loss of the 55.47 range floor and the 55.385 post-cpi low resumes the downtrend leg
US PPI, Retail Sales and Claims at 12:30 UTC Thu are the likely catalyst to resolve the range; IMF meeting at 00:00 UTC is lower impact
Lower-low leg into 55.385, then tight 55.39–55.80 range.
The hot core CPI print at 12:30 UTC broke the 58.36–58.78 London range and drove silver about 3.4 lower to a 55.385 day low. Since 16:00 UTC price has compressed in a 55.39–55.80 range. A late base near 55.49 is holding into the daily close, with RSI(14) at 34 and price just under EMA20.
Support: 55.49, 55.385
Resistance: 55.795, 56.00, 56.57
What it said to watch
M15 close below the 55.385 day low resumes the lower-low sequence
Close above the 55.795 range top opens the 56.00 round number and the CPI drop fib 23.6% near 56.19
Reclaiming the 56.57 august low (38.2% fib ~56.68 just above) would challenge the post-CPI downtrend read
Thu 12:30 UTC US PPI and retail sales could break the range either way
Post-CPI flush, then 55.39–55.80 range into NY close.
Hot US core CPI at 12:30 UTC took silver from the 58.78 pre-print high down to a 55.385 session low. The drop cut through the Asian range floor near 58.40 and the 56.57 aug low. Since 16:00 UTC price has compressed between 55.39 and the 55.80 range top, with a higher low at 55.485 late in NY and RSI(14) recovering toward 40 from oversold.
Support: 55.485, 55.385
Resistance: 55.795, 56.205, 56.57
What it said to watch
M15 close above the 55.80 range top opens a test of the 56.20 lower high, which sits at the 23.6% fib of the CPI drop
Break below the 55.385 session low resumes the downtrend leg
Reclaiming the 56.57 aug low would mark the first structural repair since CPI
Thu 12:30 UTC US PPI, Retail Sales and claims could materially shift this read
Tight 55.39–55.80 range since 16:00 UTC after CPI flush; flat highs, shallow lows.
Hot US core CPI at 12:30 UTC took silver from 58.78 to a 55.385 post-CPI low. Since 16:00 UTC price has been boxed between 55.39 and the 55.795 range top, below EMA20, with RSI(14) near 37 after leaving oversold. The final NY hour held the late NY low at 55.485.
Support: 55.485, 55.385
Resistance: 55.795, 56.00, 56.57
What it said to watch
M15 close below the 55.385 post-CPI low resumes the downtrend leg
Close above the 55.795 range top opens the 56.00 round number and the 23.6% of the cpi leg fib near 56.19
The 56.57 aug low is the upper reference if the range resolves higher
US PPI and Retail Sales Thu 12:30 UTC could materially shift this read
21:16 UTC
Downtrend, stalled into a base · RSI 44 · price 55.625
Tight range 55.39–55.80 after the CPI liquidation leg.
Hot US core CPI drove a 3.4-dollar slide from 58.78 to the 55.385 session low during NY hours. Price has since flattened into a 55.39–55.80 range, with repeated tests of the 55.47 range lows absorbed. Late-NY bars are compressing around a flat EMA20.
Support: 55.469, 55.385
Resistance: 55.795, 56.244, 56.57
What it said to watch
Close below the 55.385 session low resumes the lower-low sequence
Close above the 55.795 range top opens the path to the 56.24 break pivot and the 56.57 august low, the 38.2% fib zone of the CPI drop
Thin post-NY and Asia-session liquidity keeps the range read in place until Thursday 12:30 UTC
US PPI, Retail Sales and jobless claims Thu 12:30 UTC could materially shift this read
21:08 UTC
Downtrend, compressing near lows · RSI 37 · price 55.625
Post-CPI range 55.39–55.80 below ema20 after impulsive leg lower.
The hot US core CPI print at 12:30 UTC triggered a $3.40 slide from 58.78 to the 55.385 session low during NY hours. Since mid-session, price has compressed in a 55.39–55.80 range, with repeated probes into the 55.47 range floor absorbed and the range high capping alongside the ema20 near 55.76. RSI(14) sits around 37 as late NY winds down, with no new low printed since 19:00 UTC.
Support: 55.47, 55.385
Resistance: 55.76, 55.795, 56.00
What it said to watch
M15 close below the 55.385 session low resumes the downtrend leg
Close above the 55.795 range high and ema20 opens the 56.00 round number and the 23.6% post-cpi fib near 56.19
Repeated holds of the 55.47 range floor keep the consolidation read intact
Thu 12:30 UTC US PPI, Retail Sales and jobless claims could materially shift this read
Tight range 55.39–55.80 after a lower-low sequence.
Hot core CPI at the NY open broke the 58.45–58.80 pre-data range and drove silver from 58.78 to a 55.385 session low. Since then price has compressed in a 55.39–55.80 band into the late NY session with RSI(14) near 30, holding well below the 23.6% level of the post-CPI drop fib at 56.19.
Support: 55.385, 55.00
Resistance: 55.795, 56.00
What it said to watch
M15 close below the 55.385 session low resumes the lower-low sequence, with the 55.00 round number next
Close above the 55.795 range top opens the 56.00 psych level and the 23.6% post-CPI drop fib near 56.19
Thu 12:30 UTC US PPI, Retail Sales and claims could materially shift this read
Tight range 55.39–55.80 below the 56.57 August low after an impulsive leg down.
Hot core CPI at 12:30 UTC broke the Asian range low and drove a $3.40 slide from 58.78 to the 55.385 session low, taking silver under the 56.57 August low. Since about 16:00 UTC price has compressed between 55.39 and the 55.795 range top, now mid-range after the NY close with RSI(14) still depressed near 27.
Support: 55.385, 55.00
Resistance: 55.795, 56.205, 56.57
What it said to watch
M15 close above the 55.795 range top opens the 56.205 breakdown pivot and the 56.57 August low
Failure to hold the 55.385 session low extends the downtrend toward the 55.00 round number
Range compression is likely to persist through a thin Asia session
US PPI, Retail Sales and claims Thu 12:30 UTC (~16h) are the follow-through test for the CPI move
20:17 UTC
Downtrend, compressing near lows · RSI 41 · price 55.53
Post-CPI flush into a tight 55.39–55.80 range, lows still edging lower.
Hot US core CPI at 12:30 UTC triggered a ~3.40 flush from the 58.78 pre-release high. Since 16:00 UTC silver has compressed between the 55.385 session low and the 55.795 range top. Lows keep edging lower, RSI(14) is back near 41 after the oversold washout, and price sits below EMA20 late in the NY session.
Support: 55.385, 55.00
Resistance: 55.795, 56.205
What it said to watch
M15 close below the 55.385 session low extends the lower-low sequence toward the 55.00 round number
M15 close above the 55.795 range top breaks the consolidation; the 56.205 swing high is next above
Thin liquidity into the Asia session can produce noisy pokes at either edge of the range
Thu 12:30 UTC US PPI and Retail Sales could materially shift this read
Post-CPI selloff compressing into a tight band late in NY hours.
The hot US core CPI print at 12:30 UTC broke silver out of its 58.36–58.89 London range, and it fell from 58.78 to a 55.385 session low, slicing through the 56.57 august low. Since 16:00 UTC price has compressed between repeated range lows near 55.47 and a 55.795 range top. RSI(14) has recovered to about 42 and price sits just under EMA20.
Support: 55.47, 55.385
Resistance: 55.795, 56.205, 56.57
What it said to watch
M15 close above the 55.795 range top opens a retrace toward the 56.205 swing high
Failure to hold the 55.385 session low resumes the post-CPI downtrend
Retrace into the 56.57 august low and 38.2% of the CPI drop fib near 56.68 is the area to watch for rejection
Thu 12:30 UTC US PPI, Retail Sales and claims could materially shift this read
Tight range 55.39–55.80 below broken Asian range low; marginal lower lows.
The hot core CPI print at 12:30 UTC broke the Asian range low at 58.40 and drove the CPI drop from 58.78 to a 55.385 session low as USD hit YTD highs. Since 16:00 UTC, price has compressed between 55.39 and the 55.80 range top in late NY session, with lows edging lower and RSI(14) near 31.
Support: 55.385, 55.00
Resistance: 55.795, 56.00
What it said to watch
M15 close below the 55.385 session low extends the lower-low sequence toward the 55.00 round number
M15 close above the 55.795 range top opens a test of 56.00 psych and the 23.6% retrace of the CPI drop near 56.19
Thin Asia session liquidity can produce false breaks of the current range
Thu 12:30 UTC PPI / Retail Sales cluster (~17h) could materially shift this read
Tight 55.39–55.80 range under EMA20, marginal lower lows.
The hot US core CPI at 12:30 UTC broke silver out of the 58.36–58.89 London range, and the CPI selloff ran to a 55.385 session low. Price has compressed in a 55.39–55.80 band through late NY. Lows are grinding marginally lower while the range top caps, with the EMA20 near 55.90 overhead.
Support: 55.385, 55.00
Resistance: 55.795, 55.90, 56.00
What it said to watch
M15 close above the 55.795 range top and the ema20 near 55.90 brings the 56.00 psych level into play
Break of the 55.385 session low resumes the CPI selloff leg toward 55.00 psych
38.2% retrace of the CPI selloff sits near 56.68, close to the 56.57 August low
Thu 12:30 UTC PPI / Retail Sales cluster (~17h) could materially shift this read
19:17 UTC
Downtrend, compressing near lows · RSI 27 · price 55.541
Post-CPI range 55.39–55.80 with lower highs.
The hot US core CPI print at the NY open sent silver down about $3.40, from 58.78 to a 55.385 session low, slicing through both the Asian and London ranges. Since London close, price has compressed into a 55.39–55.80 band, with lower highs capping each bounce and RSI(14) near 27.
Support: 55.385, 55.00
Resistance: 55.68, 55.795, 56.00
What it said to watch
M15 close above the 55.795 range high breaks the lower-high sequence and puts the 56.000 round number in play.
A break of the 55.385 session low extends the lower-low chain toward the 55.000 round number.
A rebound into the 23.6% retracement of the CPI leg fib (~56.19) would mark the first meaningful retracement of the move.
Thu 12:30 UTC PPI / Retail Sales / claims cluster (~17h) could materially shift this read.
19:04 UTC
Downtrend, stalling into late-NY range · RSI 37 · price 55.585
Post-CPI flush, then 55.44–55.80 range with lower highs.
Hot core CPI at 12:30 UTC knocked silver off the 58.78 pre-release high. The drop broke below the Asian range and through the 56.57 August low before stalling. Late NY session has compressed into a 55.44–55.80 range, with the session low holding repeated tests, lower highs still capping bounces and RSI(14) near 37.
Support: 55.439, 55.00
Resistance: 55.795, 56.228, 56.57
What it said to watch
M15 close above the 55.80 range top opens the fib 23.6% retracement at 56.23
Failure to hold the 55.44 session low resumes the downtrend toward 55.00 psych
Reclaim of the 56.57 August low would break the lower highs sequence
US PPI / Retail Sales / claims Thu 12:30 UTC (~17h) could materially shift this read
Lower-low chain from CPI, now a tight 55.44–55.80 base.
The hot core CPI print broke the London range at 58.36–58.89 and drove a one-way slide through the 56.57 aug low to a 55.44 session low. Price has held a tight 55.44–55.80 band through late NY hours. RSI(14) is near 26, stretched but not extreme.
Support: 55.439, 55.00
Resistance: 55.795, 56.00, 56.57
What it said to watch
M15 close below the 55.44 session low resumes the lower-low chain toward the 55.00 psych level
Close above the 55.80 range top opens 56.00 psych and the 23.6% retracement of the CPI leg near 56.23
Reclaiming the 56.57 aug low, near the 38.2% of the CPI leg, would negate the breakdown read
US PPI, Retail Sales and Claims on Thu 12:30 UTC (~18h) could materially shift this read
The hot core CPI print at 12:30 UTC broke silver out of the Asian range and through the London lows. The CPI drop ran from 58.78 to a 55.44 session low, and price has since stalled in a tight 55.44–55.80 base with RSI(14) near 33. The 56.17 lower high and the 56.57 Aug low sit overhead, and price is still below both EMAs.
Support: 55.439, 55.00
Resistance: 55.795, 56.166, 56.57
What it said to watch
Close below the 55.44 session low resumes the lower-low chain toward the 55.00 round number
Close above the 55.80 range top breaks the base and puts the 56.17 lower high in view
Reclaiming the 56.57 Aug low would put the CPI drop fib 38.2% near 56.72 in play
Beige Book (18:00 UTC) and Thu 12:30 UTC Retail Sales/PPI could materially shift this read
Post-CPI collapse, tight base 55.44–55.80 late NY.
The hot core CPI at 12:30 UTC broke silver out of the 58.36–59.36 Asian/London range. Price dropped from 58.78 to 55.44 through NY hours and lost the 56.57 Aug low on the way. Late NY has flattened into a 55.44–55.80 base under both EMAs, RSI(14) near 29, with the session low tested three times since 17:00 UTC.
Support: 55.44, 55.00
Resistance: 55.80, 56.24, 56.57
What it said to watch
M15 close above the 55.80 range top breaks the post-CPI base; fib 23.6 of the CPI drop sits at 56.24
Failure to hold the 55.44 session low extends the lower-low sequence toward the 55.00 round number
Reclaim of the 56.57 aug low would undo the range break
Beige Book reaction (18:00 UTC) and Thu 12:30 UTC Retail Sales/PPI could materially shift this read
18:05 UTC
Downtrend, basing near lows · RSI 24 · price 55.49
Post-CPI lower highs, tight range 55.47–55.80.
The hot core CPI print at 12:30 UTC broke the London range from the 58.78 pre-CPI high and drove a $3.30 slide. That leg cut through the 56.57 aug low and the 56.20 breakdown pt. Through late NY hours price has been basing in a 55.47–55.80 range above the session low, with RSI(14) near 24 oversold and lower highs still capping.
Support: 55.47, 55.00
Resistance: 55.80, 56.20, 56.57
What it said to watch
Beige Book at 18:00 UTC lands on the current bar and could break the 55.47–55.80 range
M15 close above the 55.80 range top breaks the lower-highs line and opens the 56.20 breakdown pt
Failure to hold the 55.47 session low extends the downtrend toward the 55.00 round number
The 56.57 aug low sits just below the 38.2% fib of the CPI drop near 56.74
Lower highs and lower lows since 12:30 UTC, now compressing in a tight range near the session low.
The hot core CPI print at 12:30 UTC broke the London range low near 58.36. Silver fell about $3.30 to a 55.47 session low and cut through the 56.55 aug low. Since 16:00 UTC, after London close, price has compressed between 55.47 and the 55.80 range top under a falling trendline, with RSI(14) near 26.
Support: 55.47
Resistance: 55.80, 56.20, 56.55
What it said to watch
An M15 close above the 55.80 range top and the falling trendline would mark the first higher high since CPI
Failure to hold the 55.47 session low resumes the lower-low sequence toward the $55 round number
Reclaiming the 56.20 lower high, near the 23.6% fib of the CPI drop, puts the 56.55 aug low back in play as resistance
Fed Beige Book at 18:00 UTC could materially shift this read
Thursday's Retail Sales/PPI at 12:30 UTC is the next major USD risk
Post-CPI lower-high chain, now compressing in a tight 55.47–55.78 base.
Hot core CPI at 12:30 UTC knocked silver from 58.78 to a 55.47 session low, with a clean lower-high sequence through NY hours after the Asian range low near 58.40 gave way. Since London close, price has compressed in a 55.47–55.78 range. RSI(14) has lifted to about 28 from sub-20, and the range top is under test with the 55.92 lower high above.
Support: 55.47, 55.00
Resistance: 55.78, 55.92, 56.20
What it said to watch
M15 close above the 55.78 range top opens the 55.92 lower high, then the 56.20 swing high near the 23.6% retrace of the CPI drop
Break of the 55.47 session low extends the lower-low chain toward the 55.00 round number
Beige Book at 18:00 UTC could jolt yields and shift this read; Thursday's 12:30 UTC Retail Sales/PPI is the next major risk
Post-CPI lower highs and lower lows, compressing above session low.
The hot core CPI print at 12:30 UTC knocked silver 1.28 lower from 58.78. That bar broke the London range low at 58.36, and NY hours went on to slice through the august low near 56.57. NY has since printed a string of lower highs into a 55.477 session low, with the last six bars compressing in a 55.48–55.73 band and RSI(14) oversold near 21.
Support: 55.477, 55.00
Resistance: 55.735, 56.205, 56.57
What it said to watch
M15 close above the 55.735 range top ends the tight compression and opens the 56.205 swing high
Break of the 55.477 session low extends the lower-low chain toward the 55.00 round number
Reclaim of the 56.57 august low, near the 38.2% of the post-CPI leg fib, would undercut the breakdown read
Fed Beige Book at 18:00 UTC could materially shift this read
17:05 UTC
Downtrend, stalling near lows · RSI 20 · price 55.625
Post-CPI impulse lower, now tight consolidation above session low.
The hot US core CPI print at 12:30 UTC broke silver out of the 58.36–58.88 London range. The drop shed over $3 to a 55.506 session low and cut through the 56.57 August low. Late NY hours show a tight 55.51–55.73 consolidation under a minor cap at 55.735, with RSI(14) near 20 and the last lower high at 56.205; the CPI drop fib frames any retracement.
Support: 55.506, 55.00
Resistance: 55.735, 56.205, 56.57
What it said to watch
Break below the 55.506 session low extends the post-CPI downtrend, with the 55.00 round number next
M15 close above the 55.735 minor cap ends the consolidation; the 56.205 lower high is the next reference
Reclaim of the 56.57 August low would turn the breakdown into a false break
Fed Beige Book at 18:00 UTC could materially shift this read
Post-CPI lower highs and lower lows; tight base forming above 55.51.
The hot core CPI print at 12:30 UTC broke silver below the 58.40–59.36 Asian range on a 1,280-pip bar. NY hours then printed a chain of lower highs (57.20 cpi bounce, 56.46, 56.21) into a 55.51 session low, about $3.30 off the pre-CPI high. RSI(14) sits near 22, and the last four bars have compressed above the session low since London close as downside momentum fades.
Support: 55.506, 55.00
Resistance: 56.205, 56.57, 57.20
What it said to watch
M15 close below the 55.51 session low extends the lower-low chain toward the 55.00 round number
Recovery above the 56.21 lower high breaks the post-CPI sequence; the 23.6% fib of the CPI drop sits just above at 56.28
Reclaim of the 56.57 august low would turn that broken level back into support; the 57.20 cpi bounce high caps the move above it
Fed Beige Book and Budget Statement at 18:00 UTC could materially shift this read
The hot core CPI print at 12:30 UTC broke silver out of the 58.36–58.89 London range and through the 56.57 August low, leaving a clean chain of lower highs down to a 55.506 session low. RSI(14) is oversold near 21 and the last two bars have compressed just above the session low, pressing the lower-highs trendline as the London close nears.
Support: 55.506, 55.00
Resistance: 55.918, 56.464, 56.57
What it said to watch
M15 close below the 55.506 session low extends the lower-low chain toward the 55.00 round number
Recovery above the 55.918 lower high breaks the post-CPI sequence; 56.464 lower high and the 56.57 august low sit above that
Fed Beige Book at 18:00 UTC could materially shift this read
38.2% of the CPI leg fib at ~56.76 caps any bounce attempt structurally
Lower highs and lower lows since the 12:30 UTC CPI break.
The hot core CPI print at 12:30 UTC broke silver out of the 58.36–58.89 London range, and NY has since built a lower-high chain (57.20 cpi bounce, 56.46, 56.21 lower high) down to a 55.506 session low. The August low at 56.57 has flipped overhead, and RSI(14) near 21 shows the CPI drop is stretched but not yet basing.
Support: 55.506, 55.00
Resistance: 56.205, 56.57, 57.20
What it said to watch
M15 close above the 56.205 lower high breaks the post-CPI lower-high chain
Reclaim of the 56.57 august low would neutralise the breakdown and sits at the 38.2% fib of the cpi drop
Failure to hold the 55.506 session low extends the sequence toward the 55.00 psych level
Fed Beige Book at 18:00 UTC could shift the read through yields and USD
Lower highs and lower lows since the CPI range break.
The hot core CPI at 12:30 UTC broke the London range low at 58.36 and the aug low near 56.57. NY session has since stepped lower along the falling highs line to a 55.648 session low. RSI(14) near 20 is oversold with no basing yet, and the 56.00 round number and 56.205 lower high cap the CPI selloff's bounces.
Support: 55.648, 55.50
Resistance: 56.00, 56.205, 56.57
What it said to watch
M15 close above the 56.205 lower high breaks the falling highs sequence
Reclaim of the 56.57 aug low would mark a deeper retracement of the CPI selloff
Failure to hold the 55.648 session low exposes the 55.50 round number
Fed Beige Book at 18:00 UTC could materially shift this read
Post-CPI lower highs and lower lows below the broken Asian range.
The hot core CPI beat at 12:30 UTC broke silver out of the 58.36–59.36 Asian/London range. It cut through the $58.50 two-month low and the 56.57 aug low, about 3.07 off the 58.78 pre-release high. Mid-NY session is printing a lower-high chain under a falling trendline (57.20 bounce high, then 56.205 lower high), with the 55.71 session low the current floor and RSI(14) near 21.
Support: 55.71, 55.50
Resistance: 56.205, 56.57, 57.20
What it said to watch
M15 close above the 56.205 lower high breaks the falling trendline and the lower-high chain
Reclaim of the 56.57 aug low, near the 38.2% fib of the CPI selloff at 56.88, would mark a deeper retracement
Loss of the 55.71 session low extends the sequence toward the 55.50 round number
Beige Book at 18:00 UTC could materially shift this read
15:32 UTC
Strong downtrend, pace slowing near 56.00 · RSI 22 · price 56.132
Lower highs and lower lows since the CPI break.
Hot US core CPI at 12:30 UTC broke the London range (58.36–58.89) and the 58.50 two-month low, a drop of about 2.8 dollars to a 55.995 session low in mid-NY session. Lower highs at the 57.20 bounce high and the 56.464 lower high track the trendline. The former August low at 56.57 now sits overhead, with RSI(14) near 22 and bars narrowing above 56.00.
Support: 55.995
Resistance: 56.464, 56.57, 57.20
What it said to watch
Close below the 55.995 session low extends the lower-low chain
Close above the 56.464 lower high and the trendline breaks the descending sequence; the August low at 56.57 is next overhead
Fib 38.2% near 57.06 and the 57.20 bounce high cap a deeper retracement
Beige Book at 18:00 UTC could shift the read
15:17 UTC
Downtrend, impulsive post-CPI leg · RSI 22 · price 56.101
Lower highs 57.20 → 56.46, lower lows into 55.995.
Hot core CPI (0.3% vs 0.2%) at 12:30 UTC broke the London range of 58.36–58.88 and the $58.50 two-month low. Selling ran through the August low near 56.57 to a 55.995 session low. NY hours show a lower-high chain from the 57.20 bounce high to the 56.46 lower high, with RSI(14) at 22: oversold, no divergence yet.
Support: 55.995
Resistance: 56.464, 56.57, 57.20
What it said to watch
Close below the 55.995 session low extends the lower-low chain under the 56.00 round number
Reclaim of the 56.464 lower high breaks the lower-high line; the 56.57 august low is then the first overhead test
A rebound to the 38.2% of the CPI drop near 57.06 would still sit below the 57.20 bounce high
Beige Book at 18:00 UTC could move yields and materially shift this read
Lower highs and lower lows since the 12:30 UTC CPI break.
The hot core CPI at 12:30 UTC broke the 58.36–58.88 London range and the $58.50 two-month low. The CPI leg ran from 58.784 to a 56.083 session low, also clearing the 56.57 aug low. In the NY session, lower highs at the 57.20 bounce high and the 56.464 swing high are capping rebounds, with RSI(14) near 22.
Support: 56.083, 56.00
Resistance: 56.464, 56.57, 57.20
What it said to watch
M15 close back above the 56.464 swing high and the 56.57 aug low would break the lower-high chain
Failure to hold the 56.083 session low exposes the 56.00 round number
A rebound to the 57.20 bounce high would retrace roughly 41% of the CPI leg
Beige Book at 18:00 UTC could materially shift this read
Lower highs and lower lows; tight base above 56.10 in early NY.
The hot core CPI print (0.3% vs 0.2%) at 12:30 UTC broke the London range low near 58.36 and the 58.50 two-month low. The selloff then ran through the 56.57 August low to a 56.104 session low. Early NY is compressing between 56.10 and the 56.464 bounce high, under the 57.20 lower high, with RSI(14) near 24 and ATR(14) around 300 pips.
Support: 56.104, 56.00
Resistance: 56.464, 56.57, 57.20
What it said to watch
Fed's Bowman at 14:55 UTC and the Beige Book at 18:00 UTC could materially shift this read
A close below the 56.104 session low and the 56.00 round number extends the lower-low chain
Reclaiming the 56.464 bounce high and the 56.57 August low brings the 38.2% retrace of the post-CPI drop (~57.13) into view
A close above the 57.20 lower high breaks the down trendline from the pre-CPI high
14:16 UTC
Downtrend, impulsive post-CPI leg · RSI 18 · price 56.294
London range break, lower highs, early NY.
Hot core CPI at 12:30 UTC broke the 58.36 london low and the two-month floor. Silver dropped about 2,600 pips to the 56.18 cpi low, cutting through the 56.57 august low on the way. Lower highs at 57.90 and the 57.20 bounce high are capping the leg early in the NY session, with RSI(14) near 18 and ATR stretched to roughly 360 pips.
Support: 56.178, 56.00
Resistance: 56.57, 57.20, 58.363
What it said to watch
Failure to hold the 56.18 cpi low exposes the 56.00 round number
M15 close back above the 56.57 august low would mark the first reclaim of broken support
Reclaim of the 57.20 bounce high breaks the post-CPI lower-highs line
Fed's Bowman at 14:55 UTC could materially shift this read, with the Beige Book due at 18:00 UTC
The 58.36 london low now sits above price as the base of the broken pre-CPI range
Lower highs and lower lows after London range break.
The hot core CPI print at 12:30 UTC triggered a ~2,470-pip NY-session slide from 58.78. It broke the London low at 58.36 and the $58.50 two-month low, and price now sits at the session low below the 56.57 August low. RSI(14) near 20 is deeply oversold, and the only bounce stalled at a 57.20 lower high, close to the fib 38.2%.
Support: 56.311, 56.00
Resistance: 56.57, 57.20, 58.363
What it said to watch
Fed's Bowman at 14:55 UTC could extend or reverse the post-CPI move
Failure to hold the 56.31 session low exposes the 56.00 psych level
Recovery back above the 56.57 aug low would mark a failed extension below it
M15 close above the 57.20 lower high (fib 38.2% zone) breaks the lower-highs trendline
ATR(14) near 307 pips reflects expanded post-CPI ranges
13:47 UTC
Sharp downtrend, oversold · RSI 22 · price 56.877
Post-CPI range break to lower lows, shallow bounce capped.
Hot core CPI at 12:30 UTC broke silver out of its 58.36–58.89 London range below the 58.50 two-month low. The ~2.2-dollar slide printed a 56.55 session low at the August-low area (56.57) in the first hour of NY. The bounce stalled at the 57.20 bounce high, short of the 38.2% retrace of the CPI drop near 57.41. RSI(14) is around 22, deeply oversold.
Support: 56.552
Resistance: 57.20, 57.50, 58.363
What it said to watch
Failure to hold the 56.55 session low extends the post-CPI lower-low sequence
M15 close back above the 57.50 cpi bar low (38.2%–50% fib zone 57.41–57.67) signals a deeper retracement of the CPI drop
Recovery through the 58.36 pre-cpi low would negate the range break
Fed's Bowman at 14:55 UTC and the Beige Book at 18:00 UTC could materially shift this read
Range break lower from the London range; lower-high/lower-low chain since 12:30 UTC.
The hot core CPI print (0.3% vs 0.2% m/m) at 12:30 UTC broke silver out of the 58.36–58.89 London range and through the $58.50 two-month low. The slide ran about $2.23 to a 56.55 cpi low, briefly undercutting the $56.57 August low. In the first hour of NY, RSI(14) is near 24 and price is holding just above that low, with the 57.37–57.45 breakdown area aligned with the 38.2% retrace of the CPI drop fib.
Support: 56.552, 56.00
Resistance: 57.45, 58.363
What it said to watch
A failure to hold the 56.55 cpi low extends the post-CPI leg, with the 56.00 round number next
A recovery through the 57.45 breakdown area (38.2% of the CPI drop fib) tests the first lower high; a reclaim of the 58.36 london low would negate the range break
Fed's Bowman at 14:55 UTC and the Beige Book at 18:00 UTC could materially shift this read
Pre-CPI range broken lower, lower lows into early NY.
The hot core CPI print (0.3% m/m vs 0.2%) at 12:30 UTC broke silver out of the 58.36–58.89 London range and through the $58.50 two-month low. Price fell about 2,000 pips to the 56.715 CPI low in three bars, and the only pause was a brief bounce high at 57.902. RSI(14) near 21 is oversold, and the 56.57 August low sits just below.
Support: 56.715, 56.57
Resistance: 57.505, 57.902, 58.363
What it said to watch
Hold of the 56.715 CPI low vs a test of the 56.57 august low decides whether the leg extends
Reclaim of the 57.505 38.2% fib, the CPI bar low, would mark the first corrective structure, with the 57.902 bounce high above
Return above the 58.363 pre-CPI low would negate the range break
Fed's Bowman at 14:55 UTC could extend or unwind the CPI move
Lower highs from the Asian high; London range broken lower on CPI, NY printing fresh session lows.
Hot core CPI (0.3% m/m vs 0.2%) at 12:30 UTC broke the 58.36–58.89 London range in a single ~1,280-pip bar, and the NY session has since extended to a 57.075 session low with the only bounce capped at the 57.902 post-cpi hi. RSI(14) near 24 is oversold, and price sits well below EMA20/50 and the descending trendline from the 59.36 Asian high.
Support: 57.075, 57.00, 56.57
Resistance: 57.50, 57.902, 58.363
What it said to watch
Break of the 57.075 session low and the 57.00 round number exposes the 56.57 august low flagged in the digest
Recovery above 57.50 cpi bar low and then 57.902 post-cpi hi (near the 50% of the CPI drop fib) would mark the first higher high since the print
Reclaim of the 58.363 london low would turn the CPI move into a false break of the range
Fed's Bowman at 14:55 UTC could extend or unwind the CPI repricing
Lower highs from 60.43; London range 58.36–58.88 broken on CPI-slot bar.
Silver dropped about 1,280 pips on the 12:30 UTC bar, the scheduled US CPI release slot. The move broke the London low at 58.363 and the $58.50 2-month low, printing a CPI low of 57.500 below the 58.784 pre-CPI high. Price is holding just above that low in the first hour of NY, with RSI(14) near 32 and ATR(14) expanded to around 230 pips.
Support: 57.50, 57.00
Resistance: 58.363, 58.50, 58.784
What it said to watch
A close back above the 58.363 london low would turn the CPI break into a false break
Failure to hold the 57.500 cpi low extends the leg toward the 57.00 round number and the $56.57 August low
The 50–61.8% zone of the Asia high fib (58.43–58.65) sits below the 58.784 pre-cpi high; watch it for rejection or acceptance on any retracement
Fed's Bowman at 14:55 UTC could shift the read while post-CPI yield and USD repricing settle
Lower highs from the 59.36 Asian high; CPI bar broke the 58.36 London low.
The 12:30 UTC CPI bar broke the Asian range low and the 58.36 London low, reaching 57.79 before recovering to 58.18. That leaves the London low just above as overhead resistance, with RSI(14) near 34 and ATR expanded to about 225 pips on the release bar.
Support: 58.00, 57.79
Resistance: 58.36, 58.78, 58.89
What it said to watch
M15 close back above the 58.36 london low, near the 38.2% fib, would weaken the range break read
Supply capping at the 58.78 pre-cpi high and 58.89 london high keeps the lower-high trendline intact
Failure to hold the 58.00 round number exposes a retest of the 57.79 cpi low
Fed's Bowman at 14:55 UTC could extend the CPI-driven swing during NY hours
12:17 UTC
Downtrend, compressing into CPI · RSI 60 · price 58.746
Lower highs from 59.36, London range 58.45–58.89 below the Asian range.
London traded a 58.45 range floor to 58.89 London high box under the Asian range. The 11:00 UTC dip to the 58.363 session low, just under the 58.396 Asian low, was a false break and quickly reversed. The 12:00 UTC bar then pushed through the London lower-highs line to 58.75, at the 38.2% fib of the 59.36–58.36 drop, as silver holds near two-month lows into CPI.
Support: 58.45, 58.363
Resistance: 58.887, 59.359
What it said to watch
US CPI at 12:30 UTC (core vs 0.2% f/c) could materially shift this read within the next bar or two
M15 close above the 58.89 london high breaks the lower-high sequence and puts the 59.36 asian high back in play
M15 close below the 58.36 session low confirms a lower-low beneath the range floor
Lower highs 59.36 → 58.89 → 58.67; tight 58.36–58.67 range since London open.
Silver slid from the 59.36 Asian high and has compressed between the 58.36 session low and the 58.67 lower high through London. Price is holding repeat lows around 58.45, just above the ~58.50 two-month low, as high yields and a firm USD weigh. The London high at 58.89 was rejected near the 50% fib, RSI(14) sits near 44 and ATR is about 130 pips into US CPI.
Support: 58.45, 58.363
Resistance: 58.67, 58.887, 59.359
What it said to watch
US CPI at 12:30 UTC: a core m/m print of 0.3% or higher versus the 0.2% forecast is the swing factor for this compression
An M15 close below the 58.36 session low extends the lower-low sequence through the two-month low
A close above the 58.67 lower high breaks the lower-high trendline and brings the 58.89 London high (50% fib) into play
A reclaim of the 59.36 Asian high would negate the session downtrend read
11:47 UTC
Downtrend, stalling into a late-London range · RSI 38 · price 58.493
Lower highs from the 58.887 London high; 58.45–58.67 range after a sweep of the Asian low.
Silver has held a 58.45–58.67 range through late London. The 58.396 Asian low was swept to a 58.363 session low and reclaimed, with price below both EMAs and RSI(14) near 38. It sits on the two-month low near 58.50 into US CPI, and the lower-highs trendline from the 58.887 London high is capping rallies.
Support: 58.45, 58.363
Resistance: 58.67, 58.887, 59.359
What it said to watch
US CPI at 12:30 UTC: a core print at or above 0.3% (f/c 0.2%) could materially shift this read
M15 close below the 58.363 session low resumes the lower-low sequence beneath the two-month low
Close above the 58.67 range top and the lower-highs trendline opens the 58.887 London high
Recovery through 58.887, near the 50% fib of the Asian high to session low drop, brings the 59.359 Asian high into view
Lower highs from 59.36 Asian high; tight 58.36–58.67 London range into CPI.
Lower highs have stacked since the 59.36 Asian high. London briefly undercut the 58.40 Asian low to a 58.36 session low, and price is now pinned at the 58.45 range floor around the $58.50 two-month low. RSI(14) sits near 37, not oversold, with firm yields and USD weighing ahead of US CPI.
Support: 58.45, 58.363, 58.00
Resistance: 58.67, 58.887, 59.359
What it said to watch
US CPI at 12:30 UTC (~1h): a core m/m reading against the 0.2% forecast could materially shift this read
M15 close below the 58.36 session low extends the lower-low sequence toward the 58.00 round number
A reclaim of the 58.67 lower high and a close above the 58.89 London high would break the falling trendline from 59.36
A 61.8% retracement of the Asian high to session low move sits near 58.98, a level to watch for rejection on any CPI spike
11:17 UTC
Downtrend, compressing near lows · RSI 41 · price 58.505
Lower highs below 58.89, base at 58.45 swept to 58.36.
Silver extended Tuesday's yield-driven slide, losing the Asian range after the 59.359 Asian high faded. Through London it has ground lower in a 58.45–58.64 band under a line of lower highs. The 11:00 UTC bar swept the London lows near 58.45 to a 58.363 session low before closing back inside, with RSI(14) ~41 and price sitting on the $58.50 two-month low into CPI.
Support: 58.453, 58.363
Resistance: 58.638, 58.887, 59.359
What it said to watch
M15 close below the 58.363 session low extends the lower-low chain
M15 close above the 58.638 lower high breaks the descending line; 58.887 London high is the next cap
Retrace from the Asian high to the session low: the 38.2–61.8% zone sits at 58.74–58.98
US CPI 12:30 UTC (~75 min): core m/m vs 0.2% f/c could materially shift this read
11:04 UTC
Downtrend, compressing near lows · RSI 41 · price 58.483
Lower highs from asian high; tight London range 58.45–58.64.
Silver is pinned against the ~$58.50 two-month low ahead of US CPI. Rate-hike pricing and firm yields keep it heavy. London met rejection at the 58.887 london high, the 50% fib of the asian high to asian low drop, and has since compressed between the 58.45 london low and the 58.64 range top, with the floor probed five times.
Support: 58.45, 58.396
Resistance: 58.64, 58.887, 59.359
What it said to watch
M15 close below the 58.45 london low and the 58.396 asian low extends the lower-low sequence through the two-month low.
Close above the 58.64 range top reopens the 58.887 london high and the 50% fib.
The lower-highs trendline from the 59.359 asian high caps rebounds while intact.
US CPI at 12:30 UTC: core m/m against the 0.2% forecast could materially shift this read. Bowman follows at 14:55 UTC.
10:47 UTC
Downtrend, compressing near lows · RSI 50 · price 58.61
Tight London range after an early sweep below the Asian low.
Silver extended Tuesday's slide from 60.44 on hawkish Fed pricing, sweeping the Asian low to a 58.396 day low at 06:00 UTC before snapping back to the 59.037 rebound high. London has since compressed between the 58.45 london low (tested three times, near the $58.50 two-month low) and the 58.887 london high, with lower highs now pinned under a 58.64 range cap into CPI; RSI(14) is flat near 50.
Support: 58.45, 58.396
Resistance: 58.64, 58.887, 59.037
What it said to watch
US CPI at 12:30 UTC; core vs 0.2% m/m could break this range either way
M15 close below the 58.45 london low exposes the 58.396 day low
Hold below the day low confirms a fresh lower low through the two-month low
Close above the 58.64 range cap and the 58.887 london high breaks the lower-high sequence toward the 59.037 rebound high
10:32 UTC
Downtrend, compressing into CPI · RSI 44 · price 58.532
Lower highs from the Asian high; London range holding just above the Asian low.
The early-London bounce stalled at the 58.887 London high, right at the 50% retrace of the Asian drop. Since then silver has compressed in a 58.45–58.63 band, with the range base tested three times and the 58.396 Asian low just below, near the two-month low cited in the digest. Lower highs are intact from the 59.359 Asian high, and RSI(14) sits flat near 44 ahead of US CPI.
Support: 58.45, 58.396
Resistance: 58.63, 58.887, 59.359
What it said to watch
US CPI at 12:30 UTC (~2h): a hot core print could push price through the range base and the 58.396 Asian low
An M15 close below the 58.396 Asian low extends the lower-low sequence
A close above the 58.63 range top reopens the 58.887 London high and 50% retrace
Only a recovery above the 59.359 Asian high breaks the lower-highs structure
10:17 UTC
Downtrend, compressing near lows · RSI 41 · price 58.556
London range 58.45–58.89, lower highs into flat base.
Silver's overnight bounce stalled at the Asian high of 59.359, then a 06:00 UTC flush printed the Asian low at 58.396, which sits at the two-month low area. Through late London, price has held a 58.45–58.89 range: a flat london base is holding at 58.45 while lower highs press down from the 58.887 london high, near the 50% fib of the Asian high-to-low drop. Firm yields and oil-driven Fed hike pricing keep silver heavy into US CPI, with RSI(14) at 41 and both EMAs overhead.
Support: 58.45, 58.396
Resistance: 58.62, 58.887, 59.359
What it said to watch
US CPI at 12:30 UTC (~2h): core vs 0.2% m/m could materially shift this read
M15 close below 58.396 asian low confirms a fresh two-month low
Close above the lower highs line at 58.62 and then the 58.887 london high breaks the compression
Asian high 59.359 caps the upside if the CPI reaction squeezes higher
10:04 UTC
Downtrend, compressing near lows · RSI 40 · price 58.539
Lower highs pressing onto a flat 58.45 base inside the London range.
Silver extends Tuesday's yield- and oil-driven slide. Mid-London, price is holding a tight 58.45–58.89 range just above the 58.396 asian low, which was swept and rejected at 06:00 UTC. Lower highs from the 59.359 asian high, most recently 58.624, are compressing price onto the 58.45–58.50 two-month low base, with RSI(14) near 40.
Support: 58.453, 58.396
Resistance: 58.624, 58.887, 59.359
What it said to watch
M15 close below the 58.453 london low breaks the base and exposes the 58.396 asian low
A close above the 58.887 london high breaks the lower-highs line
Repeated failure at the 58.624 lower high keeps the compression intact
US CPI at 12:30 UTC (~2.5h) could materially shift this read; core m/m is forecast at 0.2%
09:47 UTC
Downtrend, compressing at lows · RSI 40 · price 58.547
Lower highs since the Asian high; base forming at 58.45 into CPI.
Silver broke the Asian low at 06:00 UTC with a spike to 58.396. The 08:00 bounce stalled at the 58.887 session high, near the 50% fib of the asian high–spike low drop, which keeps lower highs under the descending trendline. Price is now compressing at 58.45–58.58 around the $58.50 two-month low ahead of US CPI, with RSI(14) near 40 and price below both EMAs.
Support: 58.451, 58.396
Resistance: 58.887, 59.037, 59.359
What it said to watch
M15 close below the 58.45 session low exposes the 58.396 spike low
Reclaim of the 58.887 session high breaks the lower-high sequence; the 59.03 rebound cap and 59.36 asian high sit above
US CPI at 12:30 UTC (15:30 broker) could materially shift this read; Bowman speaks again at 14:55 UTC
09:32 UTC
Downtrend, compressing near lows · RSI 37 · price 58.528
Lower highs pressing a flat base near 58.45.
Silver extended Tuesday's oil- and yield-driven slide. London is holding in the lower part of the Asian range after the wick to the 58.396 asian low was bought back. Lower highs at the 59.36 asian high, the 58.89 london high (50% fib) and 58.62 are compressing price into a flat base at the 58.45 london low, just under the ema20 and near the $58.50 two-month low.
Support: 58.451, 58.396
Resistance: 58.72, 58.887, 59.359
What it said to watch
M15 close below the 58.45 london low and the 58.396 asian low extends the downtrend through the two-month low area
Reclaim of the ema20 (~58.72) and a close above the 58.89 london high breaks the lower-highs chain, with the 59.36 asian high above
Bowman at 09:40 UTC and US CPI at 12:30 UTC could materially shift this read
09:17 UTC
Downtrend, compressing at lows · RSI 45 · price 58.588
Lower highs pressing into flat 58.40–58.50 floor.
Silver lost the Asian range after printing a 59.359 asian high, then swept to a 58.396 session low before London open and briefly reclaimed it. Supply capped the bounces at the 59.037 lower high and the 58.887 london high, and price is now pinned just above the 58.451 london low and the 58.50 2-month low. Oil-driven hike fears into today's US CPI keep the tape heavy; RSI(14) is mid-40s and ATR is about 195 pips.
Support: 58.50, 58.451, 58.396
Resistance: 58.887, 59.037, 59.359
What it said to watch
M15 close below the 58.396 session low extends the lower-low chain through the 2-month low
Close above the 58.887 london high breaks the lower highs line and neutralises the compression
Fed's Bowman at 09:40 UTC and US CPI at 12:30 UTC (core f/c 0.2% MoM) could materially shift this read
Asian range broken lower; lower-high chain pressing 2-month low.
Williams' Asian-session lift to the 59.36 Asian high faded, and silver broke the 58.65 Asian low near 06:00 UTC. A sweep to the 58.40 session low recovered, but the London bounce stalled at the 58.89 lower high, a 50% retrace of the drop. Price is now sitting on the 58.45–58.50 area, just above the 2-month low cited in the digest, with oil-driven hike pricing still weighing ahead of US CPI.
Support: 58.50, 58.451, 58.396
Resistance: 58.651, 58.887, 59.359
What it said to watch
A close below the 58.40 session low extends the lower-low chain beneath the 2-month low.
Reclaiming the 58.65 Asian low and then the 58.89 lower high breaks the intraday downtrend sequence.
US CPI at 12:30 UTC (core f/c 0.2% m/m) could materially shift this read; ATR near 210 pips understates likely release ranges.
Bowman remarks at 09:40 UTC are a nearer-term event risk for the hike-path read.
Lower-high sequence from the Asian high, price pressing the London low.
The Williams-driven Asian lift to the 59.359 asian high faded into the CPI countdown. Lower highs followed at 59.22, 59.04 and 58.887, and the 06:00 UTC spike set the 58.396 session low. The London high at 58.887 was rejected near the 50% retrace, and price is back at the 2-month low near 58.50, a few pips above the 58.451 london low, with RSI(14) around 35.
Support: 58.50, 58.451, 58.396
Resistance: 58.887, 59.359
What it said to watch
M15 close below the 58.396 session low extends the lower-low chain beyond the 2-month low
Close back above the 58.887 london high and the descending trendline breaks the lower-high sequence; the 59.359 asian high is the next reference
Bowman at 09:40 UTC and US CPI at 12:30 UTC could materially shift this read; a core miss vs 0.2% f/c is the upside-squeeze scenario in the digest
Lower highs since yesterday's 60.68 high; London higher low after a sweep of 58.40.
Silver dipped through the $58.50 two-month low to a 58.40 session low at 06:00 UTC, then closed back near 59.03. London has held a higher low at 58.45 since. The bounce is stalling at the 58.89 london high, the 50% fib of the 59.36 Asian high-to-low drop. Price sits below EMA20/50 with RSI(14) near 41 heading into CPI.
Support: 58.451, 58.396
Resistance: 58.887, 59.037, 59.359
What it said to watch
Close above the 58.89 london high and 50% fib exposes the 59.04 rebound high
Break of the 58.45 london low and the 58.40 session low extends the lower-low sequence
Descending line from yesterday's 60.68 high caps near 59.12, with the 59.36 asian high above
US CPI at 12:30 UTC (~4h) and Bowman at 09:40 UTC could materially shift this read
Lower highs since asian high; London holding a 58.45–58.86 range.
The Asian bounce to the 59.36 asian high, lifted by Williams' dovish remarks, was sold. Late Asia spiked to a 58.40 session low and briefly pierced the 58.50 two-month low before snapping back, a false break. London has since held a 58.45–58.86 range, with price capped near the EMA20 and the 50% fib of the asian high-to-session low drop. RSI(14) sits neutral at 46.
Support: 58.451, 58.396
Resistance: 58.858, 59.037, 59.359
What it said to watch
M15 close above the 58.86 london high opens the 59.04 spike high
Failure to hold the 58.45 london low and 58.40 session low confirms the two-month low giving way
US CPI at 12:30 UTC (~4h) could materially shift this read; a hot core print is the digest's trigger for a break of 58.50
Fed's Bowman at 09:40 UTC could move yields and test the London range edges
08:05 UTC
Downtrend, coiling near lows · RSI 34 · price 58.633
Lower highs below Asian range low after a pre-London sweep.
Silver broke the asian low at 58.675 before London open and swept to 58.396 near the two-month low. The sharp rejection back to the 59.037 rebound high was sold, and early London is now coiling between the 58.451 session low and 58.68 under a lower-highs line. RSI(14) is near 34 as the oil-driven hike narrative weighs into US CPI.
Support: 58.451, 58.396
Resistance: 58.675, 59.037
What it said to watch
M15 close back above the asian low at 58.675 would signal a reclaim of the Asian range
Break below the 58.451 session low and the 58.396 sweep low would extend the lower-low sequence
Clearing the lower-highs line and the 59.037 rebound high invalidates the intraday downtrend read
US CPI at 12:30 UTC (~4.5h): core vs the 0.2% forecast could materially shift this read; Bowman also speaks at 09:40 UTC
07:47 UTC
Downtrend, compressing near lows · RSI 36 · price 58.657
Lower highs capping price above the 58.40 session low.
Silver extended yesterday's oil- and yield-driven slide. A pre-London spike swept the $58.50 two-month low to a 58.40 session low and was bought back to the 59.04 rebound high. Early London has since printed descending highs while holding the 58.45 London low, leaving price in the lower third of the 58.40–59.36 Asian range with RSI(14) near 36.
Support: 58.451, 58.396
Resistance: 58.844, 59.037, 59.359
What it said to watch
M15 close below the 58.45 london low and 58.40 session low extends the lower-low sequence beneath the $58.50 two-month low
Break of the descending highs line near 58.70 plus a reclaim of the 58.84 lower high would stall the London sell-off
Recovery above the 59.04 rebound high reopens the 59.36 asia high
Fed's Bowman at 09:40 UTC and US CPI at 12:30 UTC (core f/c 0.2% m/m) could materially shift this read
07:17 UTC
Downtrend, lower highs into London open · RSI 34 · price 58.576
Asian range broken to the downside; lower-high chain below 59.04.
Silver broke below the 58.651 asian low before London and swept to a 58.396 session low. The rebound stalled near the 50% retrace of the pre-London drop, and early London is printing lower highs just above the 58.50 2-month low, with RSI(14) near 34. The asian high at 59.359 and the 59.037 swing high cap the structure, with hawkish Fed pricing still weighing ahead of CPI.
Support: 58.50, 58.396
Resistance: 58.651, 59.037, 59.359
What it said to watch
M15 close back above the 58.651 asian low would point to a false break and reopen the 59.037 swing high
A sustained break of the 58.50 2-month low and the 58.396 session low extends the lower-low chain
A recovery through the 59.359 asian high would invalidate the intraday downtrend read
US CPI at 12:30 UTC (core f/c 0.2% MoM) and Bowman at 09:40 UTC could materially shift this read
07:05 UTC
Downtrend, lower highs into London open · RSI 34 · price 58.587
Lower highs and lower lows since the Asian high; failed rebound off the Asian low.
Silver extended Tuesday's yield-driven slide through late Asia, carving lower highs off the 59.36 Asian high. A wick to the 58.40 Asian low snapped back to a 59.04 rebound high, but that bounce met rejection. Price is now pressing the ~58.50 2m low at London open, with RSI(14) near 34 and ATR around 195 pips.
Support: 58.50, 58.396
Resistance: 58.844, 59.037, 59.359
What it said to watch
A close below the 58.40 Asian low extends the lower-low chain beneath the 2m low
An M15 close above the 58.84 lower high and the lower-highs trendline breaks the descending sequence; 59.04 rebound high sits beyond
US CPI at 12:30 UTC: core ≥0.3% vs 0.2% f/c could press the 2m low again, while a soft core opens the path back to the 59.36 Asian high
Bowman at 09:40 UTC could shift the read ahead of CPI
Late-Asia sweep below 58.65 rejected at 59.04, drifting mid-wick.
Silver extended Tuesday's NY selloff late in Asia, sweeping the 58.65 Asia low to 58.40 before a sharp reclaim stalled at the 59.04 rejection high. Price sits at 58.73 into the London open, below both EMAs and the 38.2% retracement, with lower highs from the 59.36 Asia high intact. RSI(14) is near 37 as the market waits on US CPI against a backdrop of hawkish Fed pricing.
Support: 58.651, 58.396
Resistance: 58.88, 59.037, 59.359
What it said to watch
M15 close back above the 58.88 ny low and the 59.04 rejection high breaks the lower-high chain
Failure to hold the 58.65 Asia low reopens the 58.40 sweep low
US CPI at 12:30 UTC (core f/c 0.2% m/m) could materially shift this read
Fed's Bowman at 09:40 UTC is an earlier volatility risk
59.36 Asia high caps the session range on any recovery
Asian low swept to 58.40 and rejected; rebound faded below prior low.
Ahead of London open, silver flushed through the 58.65 Asian low to a session low of 58.40, just under the ~$58.50 two-month low the digest flags, and was sharply rejected. The rebound stalled at the 59.04 rebound high and has faded back to the 38.2% retrace near 58.76. Lower highs from the 59.36 Asian high keep price under EMA20/50 and the 58.88 prior low, with RSI(14) at 41.
Support: 58.651, 58.396
Resistance: 58.88, 59.037, 59.359
What it said to watch
Acceptance back above the 58.88 prior low and the 59.04 rebound high breaks the lower-highs line and brings the 59.36 Asian high back into view
Failure to hold the 58.65 Asian low reopens the 58.40 session low; a break there extends the lower-low sequence
US CPI at 12:30 UTC (core f/c 0.2% m/m) could materially shift this read, with Bowman at 09:40 UTC first
After Tuesday's NY selloff from 60.50, Asia ranged 58.65–59.36. The 06:00 UTC bar swept the asian low to a 58.40 sweep low, through the 58.50 two-month low cited in the digest, then closed back at 59.03. Price sits just under ema20 into London open, with RSI(14) near 43 and roughly 61% of the sweep leg retraced.
Support: 58.65, 58.40
Resistance: 59.10, 59.36
What it said to watch
M15 close back below the 58.65 asian low turns the sweep into a fresh lower-low
Close above ema20 at 59.10 and then the 59.36 asian high breaks the Asian range to the upside
A 61.8% sweep leg fib retracement near 58.99 stalling price would show supply capping
Fed's Bowman at 09:40 UTC and US CPI at 12:30 UTC (core f/c 0.2% m/m) could materially shift this read
06:05 UTC
Downtrend, fresh leg lower into London open · RSI 30 · price 58.589
Asian range low broken late Asia; lower highs from 60.68 intact.
Silver broke the 58.651 Asian low in the last Asia hour. That extends Tuesday's yield-driven decline from 60.68 to a session low at 58.558, just above the 58.50 two-month low. RSI(14) is near 30, and the Asian high at 59.359 capped the overnight bounce.
Support: 58.558, 58.50
Resistance: 58.651, 58.88, 59.359
What it said to watch
A reclaim of the 58.651 Asian low around London open would mark the break as a false break
Failure to hold the 58.50 2m low opens the path toward the 56.57 August low cited in the digest
The Tuesday low at 58.88 is the first overhead pivot; a close above it puts price back inside the Asian range
An M15 close above the 59.359 Asian high, near the 38.2% of the decline fib, breaks the lower-high sequence
Bowman at 09:40 UTC and US CPI at 12:30 UTC (core f/c 0.2% MoM) could materially shift this read
05:47 UTC
Downtrend, Asian bounce fading · RSI 42 · price 59.002
Asian range 58.65–59.36, higher low at 59.10 broken.
After Tuesday's NY-session slide from the 60.40s, the Asian session swept below the 58.88 prior low to 58.65, then bounced to 59.36 near the Williams-driven steadying. Two tests of the asian high were rejected, and price has slipped back under the 59.10 swing pivot. It now sits at the 50% retracement of the Asian bounce near 59.00, about an hour before London open, with both EMAs overhead.
Support: 58.88, 58.651
Resistance: 59.10, 59.359
What it said to watch
Close below the 58.88 prior low exposes the 58.65 asian low and a lower-low sequence
Reclaim of the 59.10 swing pivot puts the 59.36 asian high back in play
Failure to hold the 61.8% Asian bounce fib near 58.92 confirms the bounce has fully unwound
US CPI at 12:30 UTC (core f/c 0.2% MoM) and Bowman at 09:40 UTC could break the Asian range either way
Asian range 58.651–59.359 after a sweep of the NY low; pullback testing the 59.06 recent low.
Tuesday's NY sell-off from 60.40 to the 58.88 ny low gave way to an Asia-session sweep to the 58.651 asian low, which steadied on Williams' dovish remarks and recovered to a 59.359 asian high. Price is now back at the 59.06 recent low, near the 38.2% retracement of that bounce, with RSI(14) flat near 48 and price under both EMAs ahead of London open. The 59.653 lower high from the NY decline caps the next leg up.
Support: 59.062, 58.88, 58.651
Resistance: 59.359, 59.653
What it said to watch
M15 close below the 59.06 recent low exposes the 61.8% fib near 58.92 and the 58.88 ny low
Failure to hold the 58.651 asian low confirms a lower-low and resumes the NY downtrend
Close above the 59.359 asian high reopens the 59.653 lower high
Bowman 09:40 UTC, then US CPI 12:30 UTC (core f/c 0.2% MoM) could materially shift this read
Asian range 58.65–59.36 after NY-session selloff; rising lows from 58.65.
Tuesday's NY-session slide from 60.72 extended to a 58.65 Asian low before Williams' dovish remarks lifted silver back toward the 59.36 Asian high, now rejected. Late Asia, price is ranging 59.10–59.36 on rising lows, sitting near the 23.6% of the selloff fib, with RSI(14) neutral.
Support: 59.10, 58.651, 58.50
Resistance: 59.359, 60.00
What it said to watch
M15 close above the 59.36 Asian high breaks the range top and exposes the 38.2% selloff fib near 59.44
Loss of the 59.10 swing low and the rising-lows trendline reopens the 58.65 Asian low
A break below 58.65 brings the 58.50 2-month low into view
Reclaiming the 60.00 psych level would negate the intraday downtrend structure
Bowman at 09:40 UTC and US CPI at 12:30 UTC (core f/c 0.2% m/m) could materially shift this read
Higher low at 59.10 inside Asian range, testing range top.
Late in the Asia session, silver is pressing the Asian high at 59.36, which lines up with the 38.2% fib of Tuesday's NY selloff from 60.47. It got there after sweeping the 58.88 swing low down to the 58.65 Asian low and then printing a higher low at 59.10. Williams' dovish remarks steadied the metal, and RSI(14) is neutral at 56.
Support: 59.099, 58.88, 58.651
Resistance: 59.359, 59.653, 60.00
What it said to watch
M15 close above the 59.36 Asian high opens the 59.65 lower high, with the 60.00 psych pivot beyond
Loss of the 59.10 higher low breaks the rising support and exposes the 58.88 swing low and 58.65 Asian low
US CPI at 12:30 UTC is the binary for this read, with Bowman at 09:40 UTC beforehand
Higher low at 59.10 after Asia sweep of 58.65; price pressing the 59.35 asian high.
Asia broke Tuesday's 58.88 NY low and ran to a 58.65 asian low, then reversed as Williams' 'one more hike' remarks lifted silver back to the 59.35 asian high, carving a higher low at 59.10 on a rising trendline. RSI(14) near 61 with price above both EMAs, late Asia session ahead of London open.
Support: 59.099, 58.88, 58.651
Resistance: 59.349, 60.00
What it said to watch
M15 close above the 59.35 asian high opens the path toward the 60.00 psych pivot
Loss of the 59.10 higher low and the rising trendline returns focus to the 58.88 ny low
Break below the 58.65 asian low resumes the NY-session downtrend
Bowman at 09:40 UTC and US CPI at 12:30 UTC (~8h) could materially shift this read
False break of NY low, higher lows inside Asian range.
Asia session pushed below Tuesday's 58.88 NY low to a 58.65 asia low before Williams' 'one more hike' comment sparked the Asia bounce. Late Asia, price is consolidating near 59.23 with higher lows at the 59.10 swing low, holding near the 38.2% retrace of the bounce and capped by the 59.34 asia high. RSI(14) is neutral at 56 and ATR(14) is about 180 pips.
Support: 59.099, 58.88, 58.651
Resistance: 59.338, 59.653, 60.00
What it said to watch
Close above the 59.34 asia high opens the 59.65 swing high, the last lower high of Tuesday's NY selloff
Loss of the 59.10 swing low exposes the 58.88 ny low, then the 58.65 asia low
US CPI at 12:30 UTC (~8h), with core the swing factor and Bowman at 09:40 UTC; a soft core puts the 60.00 psych level in view
04:17 UTC
Downtrend, Asian bounce fading · RSI 50 · price 59.112
Lower highs from 60.72; Asian range 58.651–59.338 with price mid-range.
Tuesday's NY-session slide from 60.20 extended in Asia to a 58.651 Asian low, a false break below the 58.88–58.90 prior lows. Williams' 'one more hike' remarks then drove a rebound to the 59.338 Asian high. Price is now fading back to 59.11, just above the 38.2% fib at 59.07, with RSI(14) flat near 50 and price capped by EMA20/50 ahead of London open.
Support: 59.07, 58.90, 58.651
Resistance: 59.338, 60.00
What it said to watch
M15 close below the 38.2% fib at 59.07 puts the 58.90 prior lows back in play
Failure to hold 58.90 prior lows reopens the 58.651 Asian low
Close above the 59.338 Asian high breaks the lower-high sequence; 60.00 psych is the next reference
US CPI at 12:30 UTC (~8h, core f/c 0.2% m/m) could materially shift this read; Bowman at 09:40 UTC first
04:04 UTC
Downtrend, Asia bounce off lows stalling · RSI 53 · price 59.193
Lower highs from 60.72; Asia higher low at 59.07 under 59.34 cap.
Silver bled from 60.72 through London and NY as hawkish Fed pricing and high yields weighed, then Asia swept to 58.65 near the $58.50 two-month-low shelf before rebounding along rising support. The bounce is stalling at the 59.34 Asian high, short of the fib 38.2 near 59.44, with price above EMA20 but below EMA50 and the higher low at 59.07 intact.
Support: 59.07, 58.65
Resistance: 59.34, 60.00
What it said to watch
Close above 59.34 asian high opens the fib 38.2 near 59.44, then the 60.00 psych pivot
Loss of the 59.07 higher low breaks rising support and puts the 58.65 asian low back in play
US CPI 12:30 UTC (core f/c 0.2% MoM) and Bowman at 09:40 UTC could materially shift this read
NY low swept to 58.65 in Asia then reclaimed; lower-high capped at 59.34.
Silver extended Tuesday's NY sell-off below 60 on hawkish Fed pricing and ~5.2% 10y yields. Asia swept the 58.88 NY low to the 58.65 Asia low before a sharp reclaim. The bounce is now stalling at the 59.34 Asia high, just under EMA50, with RSI(14) neutral at 53 late in the Asia session.
Support: 59.072, 58.88, 58.651
Resistance: 59.338, 59.427, 60.00
What it said to watch
M15 close above the 59.34 Asia high exposes the fib 38.2 retracement at 59.43, then 60.00 psych
Loss of the 59.07 Asia HL puts the 58.88 NY low and the 58.65 Asia low back in play
US CPI at 12:30 UTC (core f/c 0.2% m/m) and Bowman at 09:40 UTC could materially reset this read
03:32 UTC
Downtrend, Asia rebound in progress · RSI 52 · price 59.20
Asia swept yesterday's NY prior low at 58.88 down to 58.65 and reclaimed it. A higher-low chain since then has stalled at 59.34, the session high and a match of the NY bounce high, with RSI(14) neutral near 52. The broader slide below $60 still reflects a firm USD and high Treasury yields into CPI. Price is above EMA20 but still under EMA50.
Support: 59.07, 58.88, 58.65
Resistance: 59.34, 59.65
What it said to watch
M15 close above the 59.34 session high clears the overnight cap; the 59.65 swing high is the next pivot from the NY breakdown
Loss of the 59.07 higher low, which sits at the 38.2% of the sweep rebound, breaks the Asia HH/HL chain and puts the 58.88 prior low back in focus
A return through the 58.65 sweep low turns the false break into a fresh lower low
Fed's Bowman at 09:40 UTC and US CPI at 12:30 UTC could materially shift this read; ATR near 210 pips before the release
03:17 UTC
Downtrend, Asia rebound in progress · RSI 56 · price 59.262
Lower highs intact; higher low at 59.07 off the 58.65 session low.
Silver slid from 60.72 through the NY session as hawkish Fed pricing and high yields weighed. Asia swept below the 58.88 NY low to a 58.651 session low, then rebounded to 59.28 with a higher low at 59.07. Price now sits just under the 59.35 bounce high, with RSI(14) at a neutral 56.
Support: 59.072, 58.88, 58.651
Resistance: 59.349, 59.442, 60.00
What it said to watch
M15 close above the 59.35 bounce high opens the fib 38.2 at 59.44, with the 60.00 psych level beyond
Failure to hold the 59.07 higher low returns focus to the 58.88 NY low and the 58.65 session low
US CPI at 12:30 UTC could materially shift this read
Fed's Bowman at 09:40 UTC is earlier event risk
03:05 UTC
Downtrend, stabilising off Asian low · RSI 56 · price 59.262
Lower highs from 60.47; Asian sweep of the NY low reclaimed, higher low at 59.07.
The NY session selloff from 60.47 ran into Asia on hawkish Fed pricing and ~5.2% 10y yields. A sweep of the 58.88 NY low to the 58.65 Asian low was reclaimed, and late Asia is now pressing 59.26 off a higher low at 59.07, with RSI(14) near 56.
Support: 59.07, 58.88, 58.65
Resistance: 59.35, 59.65
What it said to watch
M15 close above 59.35, the 38.2% fib of the NY selloff and NY high, opens the 59.65 swing high, with the $60 psych pivot above.
Failure to hold the 59.07 higher low returns focus to the 58.88 NY low and the 58.65 Asian low.
Bowman at 09:40 UTC and US CPI at 12:30 UTC could materially shift this read.
02:47 UTC
Post-selloff, ranging in Asia · RSI 52 · price 59.116
Asian range 58.65–59.25 after sweep of prior low.
Late Asia session: price whipsawed inside a 58.65–59.25 Asian range, sweeping Tuesday's 58.88 prior low down to the 58.651 Asian low before recovering to mid-range near 59.12, only ~23% back into the 60.68–58.65 decline fib. That decline followed a >1.5% slide under $60 on hawkish Fed pricing and high Treasury yields. RSI(14) neutral near 52, ATR elevated around 205 pips ahead of London open.
Support: 58.88, 58.651, 58.50
Resistance: 59.252, 59.349
What it said to watch
M15 close above the 59.25 Asian high opens the path to the 59.35 swing high from the NY bounce
Failure to hold the 58.88 prior low puts the 58.65 Asian low and the 58.50 2-month low back in play
Fed's Bowman at 09:40 UTC and US CPI at 12:30 UTC could materially shift this read
Lower highs from 60.72; Asia false break below prior low reclaimed.
Silver extended Tuesday's slide under $60 on hawkish Fed and yield pressure, then broke the 58.88–58.90 prior low in Asia to a 58.651 session low before snapping back to 59.20. Price is pressing the 59.25 asian high and the lower-highs line, sitting above EMA20 but under EMA50, with ATR inflated by the Asia whipsaw.
Support: 58.90, 58.651
Resistance: 59.252, 59.349
What it said to watch
M15 close above 59.35 range top breaks the lower-highs sequence from 60.72
Return below 58.90 prior low turns the Asia false break into continuation toward the 58.651 session low
Fed's Bowman 09:40 UTC and US CPI 12:30 UTC could materially shift this read
02:17 UTC
Downtrend, stalling in late Asia · RSI 48 · price 59.11
Lower highs since London; Asian range 58.65–59.25 after a sweep of the NY low.
Hawkish Fed pricing and high yields drove the NY selloff from 60.47 below $60. In late Asia, a sweep under the 58.88 ny low to 58.65 was reclaimed, and price is back near 59.11 below the lower-highs trendline. RSI(14) is neutral near 48 and ATR is about 185 pips.
Support: 58.88, 58.651
Resistance: 59.252, 59.349
What it said to watch
M15 close above the 59.25 asia high breaks the lower-highs trendline and puts the 59.35 ny rebound (38.2% of the NY selloff fib) in view
Failure to hold the 58.88 ny low, then the 58.65 sweep low, exposes the $58.50 two-month-low shelf
Bowman at 09:40 UTC and US CPI at 12:30 UTC (15:30 broker) could materially shift this read; psych 60 is the reclaim marker on a soft core print
02:03 UTC
Downtrend, Asia stabilising · RSI 46 · price 59.038
Lower highs from 60.72; false break of NY low.
Silver extended Tuesday's NY-session slide below $60 on hawkish Fed pricing and firm yields, keeping a lower-highs sequence from 60.72. Asia swept the 58.88 NY low to a 58.65 asian low before snapping back to 59.04, now pinned at EMA20 and capped under the lower-highs line near the 59.25 asian high.
Support: 58.88, 58.651
Resistance: 59.252, 59.349
What it said to watch
M15 close below the 58.65 asian low confirms a fresh lower-low toward the ~58.50 two-month shelf
Close above the 59.25 asian high and the lower-highs line breaks the sequence; 59.35 swing high next
Fed's Bowman 09:40 UTC and US CPI 12:30 UTC could materially shift this read
01:46 UTC
Downtrend, fresh lows in Asia · RSI 36 · price 58.701
Lower highs from 60.72; overnight 58.88–59.25 range broken lower.
Asia session saw a whipsaw bar reject the 59.25 Asian high, then close through the 58.88 broken low to a 58.66 session low. That extends the slide from 60.72 under the series of lower highs, as Fed-hike pricing and ~5.2% yields weigh into CPI. RSI(14) near 36 is not oversold, and the two-month low shelf near 58.50 sits just below.
Support: 58.661, 58.50
Resistance: 58.88, 59.252
What it said to watch
M15 close back above 58.88 would mark the break below the broken low as a false break
Loss of the 58.66 session low exposes the 58.50 two-month low
A close above the 59.25 Asian high breaks the lower-high sequence
US CPI at 12:30 UTC, with Bowman at 09:40 UTC, could materially shift this read
Lower highs from 59.35; Asian range 58.88–59.18 sitting on the NY low.
Tuesday's slide from the 60.72 London high took silver back under $60 as hawkish Fed pricing and high yields weighed. Early Asia is holding a tight 58.88–59.18 range, with the 58.88 NY low tested for a third time. Lower highs from the 59.35 NY bounce keep the sequence pointed down, while RSI(14) near 36 is soft but not stretched.
Support: 58.88, 58.50
Resistance: 59.18, 59.35, 59.65
What it said to watch
M15 close below the 58.88 NY low confirms a lower-low and exposes the 58.50 2m low shelf
Reclaim of the 59.18 Asian high and the lower-highs trendline breaks the sequence; 59.35 NY bounce then 59.65 swing high are next
US CPI at 12:30 UTC (core f/c 0.2% m/m) could materially shift this read
Fed's Bowman at 09:40 UTC lands during London hours, ahead of CPI
01:04 UTC
Downtrend, stalling in Asia · RSI 46 · price 59.102
Lower highs from 60.47; tight Asian range 58.90–59.18 above NY low.
Silver dropped from 60.47 to 58.88 into the NY session as hawkish Fed pricing and high yields weighed. Early Asia has held the swing low near 58.90 twice, and price is pinned at EMA20 inside a 58.90–59.18 Asian range, retracing under a quarter of the NY drop.
Support: 59.00, 58.90
Resistance: 59.18, 59.35
What it said to watch
M15 close below the 58.90 swing low extends the lower-low chain toward the 58.50 two-month shelf
Close above the 59.18 Asian high opens the 59.35 bounce high
Repeated closes under the 59.00 round number keep the stall read fragile
US CPI at 12:30 UTC (core f/c 0.2% m/m) and Bowman at 09:40 UTC could materially shift this read
Lower highs from 60.72; Asian range 58.90–59.18 holding above the NY low.
Silver slid more than $1.50 from the 60.47 London-NY transition high to the 58.88 NY low. Hawkish Fed pricing and high Treasury yields drove the move. Asia has held just above it with a 58.90 asian low, but the bounce stalled at the 59.18 asian high and price sits below both EMAs, still under the 59.35 rebound high that capped the late-NY recovery.
Support: 58.901, 58.88, 58.50
Resistance: 59.181, 59.349
What it said to watch
Failure to hold the 58.88 NY low extends the lower-low chain toward the 58.50 2m low
M15 close above the 59.18 asian high, then the 59.35 rebound high, would mark the first higher high since the NY selloff and test its 38.2% retrace near 59.49
US CPI at 12:30 UTC (core f/c 0.2% MoM) could materially shift this read; Bowman speaks at 09:40 UTC
Lower highs from 59.35, tight base at 58.88–58.90.
Tuesday's NY-session slide from 60.5 on hawkish Fed pricing and high yields bottomed at 58.88. Early Asia retested that area at the 58.90 asian low and bounced to a 59.18 asian high. Price is now compressing beneath a lower-high line from the 59.35 bounce high, near the 23.6% fib, with RSI(14) neutral at 44.
Support: 58.90, 58.50
Resistance: 59.18, 59.35
What it said to watch
M15 close above the 59.35 bounce high breaks the lower-high sequence and the 23.6% fib
Failure to hold the 58.88–58.90 base (NY low / asian low) opens the 58.50 2-month low
Rejection under the 59.18 asian high keeps the Asian range capped
US CPI at 12:30 UTC (core f/c 0.2% MoM) could materially shift this read; Bowman speaks at 09:40 UTC
00:17 UTC
Downtrend, pausing in early Asia · RSI 47 · price 59.137
Tight Asian range 58.90–59.17 above a retested NY low.
Tuesday's NY sell-off on hawkish Fed pricing and firm yields took silver from 60.47 to an 58.88 NY low. Early Asia retested that area at the 58.90 Asian low, forming a tentative double bottom. The latest bar has bounced to the Asian high at 59.17, with RSI(14) neutral near 47 and price still below the 59.35 rebound high and the fib 38.2 at 59.49.
Support: 58.90, 58.88, 58.50
Resistance: 59.174, 59.349, 59.487
What it said to watch
M15 close above the 59.17 asian high breaks the Asian range and puts the 59.35 rebound high back in play
Failure to hold 58.90–58.88 (asian low / ny low) voids the double bottom and exposes the 58.50 2m low
Fib 38.2 at 59.49 caps the retracement of the 60.47–58.88 drop unless cleared
US CPI 12:30 UTC (core f/c 0.2% MoM) and Bowman at 09:40 UTC could materially shift this read
Lower-high chain from London high; early Asia retesting NY low.
Silver slid from 60.72 through $60 in NY hours as firm yields and USD weighed, printing a 58.88 ny low; the rebound to the 59.35 swing high stalled near the 23.6% fib. Early Asia session is holding a 58.90–59.17 range under the asia high and retesting the NY low, with RSI(14) near 31.
Support: 58.88, 58.50
Resistance: 59.174, 59.349
What it said to watch
Failure to hold the 58.88 ny low extends the lower-low sequence toward the 58.50 2-month low
M15 close above the 59.17 asia high breaks the micro lower-high chain; 59.35 swing high above that
US CPI at 12:30 UTC (core f/c 0.2% MoM) could materially shift this read