Silver gapped higher into this week's open after Monday's near-4% surge on the US-Iran framework and a softer dollar, then stalled just under $70.50/the 100-day SMA. Price has been ranging 69.30-71.30 for the past two days with RSI(14) cycling around neutral, and pushes above 70.80 have been faded as traders book profit into the Fed. The weekend gap-up around 68.04-69.43 remains unfilled.
Support: 69.26, 68.59
Resistance: 70.84, 71.31
What it said to watch
H1 close above 71.31 week high reopens the squeeze toward 72.25
Loss of 69.26 swing low exposes the 68.59 200-day SMA
FOMC 18:00 UTC tomorrow, plus Retail Sales 12:30 UTC, could materially shift this read
Silver gapped higher into this week's open after Monday's surge off the $61 low, then settled into a 69.05–71.30 range as traders booked profit ahead of the Fed. Price is pinned around EMA20/EMA50 just under the 100-day SMA near 70.79, with RSI(14) cycling mid-range as the impulse cools. The 71.30 week high has capped the upside while rising lows from 69.05 keep a floor in place.
Support: 69.85, 69.05, 68.59
Resistance: 70.79, 71.30
What it said to watch
FOMC at 18:00 UTC Wed is the dominant catalyst and could materially shift this read
H1 close above 70.79 reopens the 71.30 week high
Loss of 69.85 then 69.05 week low re-exposes the 200d sma at 68.59
US Retail Sales 12:30 UTC could move the dollar pre-Fed
22:02 UTC
Uptrend, momentum stalling · RSI 49 · price 70.02
Consolidation under range high.
Silver ripped off the $61.49 low, gapped higher over the weekend toward $69.40 and tagged a $71.30 week high before stalling. Price has since drifted back to ~$70.02, coiling under the $70.50 breakout pivot / 100-day SMA with RSI(14) flattening near 50 as traders booked profit ahead of the Fed. The $69.30 swing low has held repeatedly, keeping the recovery structure intact above the $68.60 200-day line.
Support: 69.30, 68.60
Resistance: 70.50, 71.30
What it said to watch
H1 close above 70.50 opens the path back to the 71.30 week high
Loss of 69.30 swing low re-exposes the 68.60 200d sma
FOMC decision tomorrow 18:00 UTC could materially shift this read
Consolidating below week high after sharp rebound.
Silver staged a near-vertical rebound from the $61.49 low early in the window to a $71.31 week high, driven by the US-Iran framework, softer USD and collapsing oil. Since the weekend gap higher it has gone sideways between $69.30 and the $70.50 breakout pivot, with the latter capping repeated attempts under the 100-day SMA. Price sits just below EMA20 with RSI(14) flattening near 49 as the market books profit into the Fed.
Support: 69.30, 68.59
Resistance: 70.50, 71.31
What it said to watch
FOMC decision (18:00 UTC tomorrow) could materially shift this read
H1 close above 70.50 breakout pivot opens path toward the 71.31 week high
Loss of 69.30 swing low re-exposes the 200-day sma at 68.59
21:04 UTC
Rangebound, momentum flat · RSI 47 · price 70.02
Consolidation under 70.50 pivot after weekend gap rally.
Silver opened the week near 69.43 after a weekend gap higher, ran to a 71.31 week high then settled into a 69.3–71.3 range as the post-US-Iran haven-unwind stalled. Price now sits just below EMA20 and the $70.50 100-day SMA pivot, with two attempts capped near 71.31 this week; it holds well above EMA50 with RSI cycling mid-range. The 70.50 pivot is the immediate area to watch for rejection or break.
Support: 69.26, 69.43, 68.59
Resistance: 70.50, 71.31
What it said to watch
H1 close above 70.50 reopens the 71.31 week high
Loss of 69.26 swing low exposes the 68.59 200-day sma
FOMC decision 18:00 UTC tomorrow can materially shift this read
Silver ripped back above 70 this week off the YTD low, then stalled sub the 70.50 pivot and 100-day SMA as traders booked profit into the Fed. Price is now coiling in a 69.05–70.79 range with RSI(14) mid-range; the 71.31 week-high rejection capped momentum and pullbacks have held a rising sequence of lows.
Support: 69.05, 68.59
Resistance: 70.50, 70.79, 71.31
What it said to watch
H1 close above 70.50 pivot reopens the 71.31 week high
Loss of 69.05 range low exposes the 68.59 200-day SMA
US Retail Sales 12:30 UTC and FOMC 18:00 UTC tomorrow could materially shift this read
Silver gapped higher into this week's open after the US-Iran framework sank oil and softened the dollar, extending the rebound above 70. Since the gap price has consolidated 69.05–71.31, with rejection capping near the 71.31 week high and RSI(14) cycling around 50 on each pullback. Price sits just under EMA20 but holds above EMA50, with the stall coming ahead of the Fed.
Support: 69.40, 69.05
Resistance: 70.79, 71.31
What it said to watch
FOMC decision and dot-plot 18:00 UTC tomorrow could materially shift this read
H1 close below 69.40 swing low confirms a lower-low and breaks the higher-low sequence
Reclaim of 70.79 swing high reopens the 71.31 week high
Silver gapped higher over the weekend and extended to a 71.30 week high before stalling sub the 100-day SMA, as traders booked the post US-Iran peace squeeze ahead of the Fed. Price has since chopped in a 69.05–71.30 range, with the 70.84 prior-high area capping and demand re-emerging near the 69.40 swing low. RSI(14) is back near 49 and price sits just under EMA20, holding above EMA50.
Support: 69.40, 69.05, 68.59
Resistance: 70.84, 71.30
What it said to watch
FOMC Wed 18:00 UTC (hold f/c) plus the dot-plot could materially shift this read
US Retail Sales 12:30 UTC ahead of the decision
H1 close above 71.30 reopens the squeeze toward 72.25
Loss of 69.05 session low confirms a lower-low and re-exposes the 68.59 200-day sma
Silver ripped off the sub-$62 mid-week low and reclaimed $70, but has stalled into a tight 69.40–71.30 band as traders booked profit ahead of the Fed. Price is holding just above EMA(20)/EMA(50) with RSI(14) flattened near 52; the 70.50 pivot and 100-day SMA have capped the recent NY attempts. A clean break of 71.30 is needed to extend the squeeze, while the 200-day SMA at 68.59 remains the structural floor below.
Support: 69.40, 68.59
Resistance: 70.50, 71.30
What it said to watch
Hourly close above 71.30 opens continuation of the week's impulse
Loss of the 69.40 swing low re-exposes the 68.59 200-day sma
FOMC decision and Retail Sales next session can materially shift this read
Silver gapped higher into this week's open and ran from the $64 area to a $71.31 swing high before stalling sub-$71 and the 100-day SMA; the move reflects the haven-unwind and softer USD after the US-Iran framework collapsed the oil premium. Price has since been chopping 69.3–71.2 with RSI(14) back near neutral, two rejections capping near 71.2. Pullbacks have so far held above the 69.30 swing low.
Support: 69.30, 69.05
Resistance: 71.20
What it said to watch
FOMC decision tomorrow 18:00 UTC plus Retail Sales 12:30 UTC could materially shift this read
H1 close above 71.20 reopens the squeeze toward 72.25
Loss of 69.30 confirms a lower-low and re-exposes the week low at 69.05
Silver gapped higher into Monday's session and surged ~14% off the YTD low on the US-Iran framework and a softer USD, but the move has stalled sub-70.50/the 100-day SMA and chopped in a 69.3-71.3 range since. RSI(14) is cycling mid-range and price holds above both H1 EMAs, with twin rejections near 71.30 and 71.18 capping the upside. The $70.50 pivot is the line price keeps gravitating around ahead of the Fed.
Support: 69.26, 68.59
Resistance: 70.79, 71.30
What it said to watch
FOMC decision at 18:00 UTC is the dominant catalyst and can materially shift this read
Hourly close above 70.79 reopens the 71.30 week high
Loss of 69.26 swing low confirms a lower-low and re-exposes the 200-day SMA at 68.59
Consolidation below week high after sharp recovery.
Silver ripped ~14% off the $61.49 low this week on the US-Iran framework and softer USD, then stalled into the 71.30 week high which has rejected price twice. The last two days have been a tight 69.05-71.31 range with RSI(14) hovering near 50 and price pinned to EMA(20). Move comes ahead of tomorrow's FOMC, with the bounce already stretched.
Support: 69.05, 68.59
Resistance: 71.31
What it said to watch
FOMC tomorrow 18:00 UTC could materially shift this read
H1 close above 71.31 week high reopens the squeeze higher
Loss of 69.05 session low re-exposes the 68.59 200-day
Consolidation under the 70.50 pivot after week's surge.
Silver gapped higher into the week after the near-4% surge off the $61 low on the US-Iran framework and softer dollar, but has gone sideways between 69.40 and 71.31 since, stalling under the 100-day SMA and the $70.50 pivot. Price is hugging EMA(20) with RSI(14) parked near 50, reflecting profit-taking and positioning ahead of the Fed. Two attempts at 71.31 have been capped this week and 69.40 has held the floor.
Support: 69.40, 69.05, 68.59
Resistance: 71.31
What it said to watch
FOMC decision tomorrow 18:00 UTC plus US Retail Sales 12:30 UTC could materially shift this read
H1 close above 70.50 then 71.31 reopens the upside extension
Loss of 69.40 exposes the 69.05 range floor and the 68.59 200-day SMA
Silver gapped higher into this week after Monday's near-4% surge off the $61 area, then settled into a range below the 71.20 week high. Price stalled sub-70.50 in NY hours yesterday as traders booked profit ahead of the Fed, slipping to a 69.40 swing low before recovering to sit right on the 50% retrace of the latest leg. RSI(14) has cooled back near 49 and price is hugging the EMA(20).
Support: 69.40, 68.59
Resistance: 70.50, 71.20
What it said to watch
FOMC decision 18:00 UTC could materially shift this read
US Retail Sales 12:30 UTC is the pre-Fed risk event
Silver gapped up into the new week near 69.40 and ran to a 71.30 week high before fading, the bounce off the $61 YTD low losing steam as traders book profit ahead of the Fed. Price is now consolidating around the 100-day SMA / 70.50 breakout pivot, capped twice near 71.30 and holding a band of higher lows above 69.30. RSI(14) has cooled back to the midline and price is hugging EMA20.
Support: 69.30, 68.59
Resistance: 70.50, 71.30
What it said to watch
FOMC decision and dot-plot tomorrow 18:00 UTC is the dominant catalyst for this read
H1 close above 70.50 reopens the path to 71.30 and 72.25
Silver ripped from this week's $61 area back above $70 on the US-Iran framework and softer USD, then stalled below the week high at 71.30 where two pushes were rejected. Price has slipped under EMA20 into the dip toward 69.30 as traders book profit ahead of the Fed, with RSI(14) cycling mid-range. The 69.05–69.30 band has held higher lows since the post-gap base.
Support: 69.30, 69.05, 68.59
Resistance: 70.58, 71.30
What it said to watch
H1 close below 69.30 exposes the 68.59 200d sma
Reclaim of 70.58 swing high re-engages 71.30 week high
FOMC decision 18:00 UTC could materially shift this read
15:02 UTC
Uptrend stalling near highs · RSI 44 · price 69.699
Range under week high after impulse.
Silver ripped off the $61.49 area on Monday and gapped higher over the weekend, then spent the back half of the week ranging between roughly 70.50 and the 71.31 week high. Price has since rolled back under both EMAs and is testing the lower edge of that range near 69.70 as traders booked the haven-unwind squeeze ahead of the Fed; rejection at 71.1 capped the latest push. RSI(14) has cooled to the low-40s, confirming the loss of upside momentum into the decision.
Support: 69.05, 68.59
Resistance: 70.58, 71.31
What it said to watch
Loss of the 69.05 swing low re-exposes the 68.59 bull/bear line
Close back above the 70.58 range top reopens the 71.31 week high
FOMC decision + dot-plot at 18:00 UTC could materially shift this read
14:03 UTC
Range after gap-up, momentum flat · RSI 52 · price 70.32
This-week range 69.0–71.3, capped at week high.
Silver gapped higher into Monday's open and reclaimed the 200-day SMA region, but has since gone sideways between 69.0 and the 71.18 week high as longs book profit ahead of the Fed. The 71.18 area has rejected price again this session, and the pullback to 70.18 found buyers near the EMA20, leaving RSI(14) cycling around the midline. Move sits on USD/geopolitics footing per the digest, not a dovish Fed shift.
Support: 69.90, 69.31
Resistance: 71.18
What it said to watch
FOMC decision + dot-plot at 18:00 UTC tomorrow could materially shift this read
US Retail Sales 12:30 UTC tomorrow ahead of the Fed
H1 close above 71.18 week high reopens 71.30+; loss of 69.90 swing low targets 69.31 session low
Consolidation under week high after weekend gap-up.
Silver gapped higher into Monday's open and has since coiled between 69.85 and the 71.31 week high, with the post-$61.50 rebound holding above EMA(20). Two pushes into 71.17-71.31 were rejected this week and the latest NY-session attempt faded back to 70.18 as longs de-risked ahead of the Fed. RSI(14) is sitting near the midline, reflecting the stall rather than fresh momentum.
Support: 69.85, 69.05, 68.59
Resistance: 71.31, 72.25
What it said to watch
FOMC decision + dot-plot ~4h away can materially shift this read
H1 close above 71.31 opens the path toward 72.25
Loss of 69.85 reopens 69.05 then the 200d sma at 68.59
US Retail Sales 12:30 UTC could pre-position price into the decision
Higher highs into 71.30, now consolidating below the week high.
Silver gapped higher into this week and ran to a week high at 71.31 before stalling, with price now consolidating in a 69.90–71.18 band as longs book profit ahead of the Fed. The advance off the 69.05 swing low has carved higher lows and price holds above EMA20/50, but RSI near 57 shows momentum cooling rather than extending. Rejection at the 71.18 prior high has capped the latest push.
Support: 69.90, 69.05
Resistance: 71.31, 71.18
What it said to watch
FOMC decision and dots 18:00 UTC could materially shift this read
US Retail Sales tomorrow 12:30 UTC is a near-term swing risk
H1 close above 71.31 reopens the upside; loss of the 69.90 range low breaks the higher-low sequence
13:03 UTC
Uptrend stalling, now ranging · RSI 55 · price 70.798
Consolidation under week high after weekend gap up.
Silver gapped higher into Monday's session and has consolidated 69.05–71.30 since, holding above EMA(20) with RSI(14) cycling mid-range; the rebound off the $61 zone stalled under the 100-day SMA. Two pushes into 71.30 capped the week's high while 70.12 has held on the dips, and profit-taking is evident into the Fed. Price reclaimed the 200-day SMA at 68.59 on Monday's surge, leaving it the broader pivot.
Support: 70.12, 69.05, 68.59
Resistance: 71.30, 72.25
What it said to watch
FOMC decision + dot-plot 18:00 UTC could materially shift this read
US Retail Sales 12:30 UTC tomorrow is the prior risk event
Silver staged a ~4% relief rally off the 61.49 low through the week on the US-Iran de-escalation and softer dollar, gapping higher into Monday's open and tagging a weekly high at 71.31. Price has since stalled and is grinding sideways in the 69.90–70.80 band, holding above EMA20 with RSI(14) cycling around the mid-50s on each dip. The prior high at 70.79 has capped the latest push into the NY session.
Support: 69.90, 69.26, 68.59
Resistance: 70.79, 71.31
What it said to watch
FOMC decision and dot plot Wed 18:00 UTC is the dominant catalyst and could materially shift this read
H1 close above 71.31 weekly high opens the path toward the 50-day EMA zone
Failure to hold 69.26 breaks the higher-low sequence and exposes the 68.59 pivot
12:02 UTC
Uptrend stalling sub-71 · RSI 53 · price 70.521
Consolidation after weekend gap-up impulse.
Silver gapped higher into the new week and ran to a week high of 71.31 before stalling, now coiling around 70.50 just above EMA20/EMA50. The leg was driven by USD softening and collapsing oil on the US-Iran framework; price has held the 70.00 round number through this week's pullbacks while 70.84 caps. RSI(14) is cycling mid-range, reflecting the loss of impulse rather than fresh momentum.
Support: 70.00, 69.26
Resistance: 70.84, 71.31
What it said to watch
Hourly close above 70.84 reopens the 71.31 week high
Loss of 70.00 exposes the 69.26 swing low
FOMC Wed 18:00 UTC is the dominant catalyst and can reset this read
Silver gapped up over the weekend and ran to a weekly high near 71.31 before fading; the prior leg was the US-Iran de-escalation relief rally that lifted XAG back above the 200-day SMA. Price is now consolidating just above 70.00 after a dip to the 69.05 swing low found buyers, holding above EMA20 and EMA50 with RSI cycling mid-range. The 70.84/71.31 zone has capped the recovery.
Support: 70.00, 69.05, 68.59
Resistance: 70.84, 71.31
What it said to watch
FOMC decision and dot plot Wed 18:00 UTC is the dominant catalyst and could reshape this read
US Retail Sales Wed 12:30 UTC may move price ahead of the Fed
H1 close above 71.31 reopens the path higher; loss of 69.05 confirms a lower-low toward the 200-day SMA at 68.59
11:02 UTC
Uptrend off the gap, momentum stalling sub-71 · RSI 54 · price 70.47
Consolidation under weekly high after recovery from 69.05.
Silver gapped higher over the weekend from 68.04 to 69.43 on the US-Iran de-escalation and softer dollar, then rallied to a 71.30 weekly high before fading. Price has since consolidated either side of 70.50, with the 69.05 swing low holding and the recovery reclaiming EMA20. RSI(14) is mid-range, reflecting the two-way grind as the market squares up ahead of the Fed.
Support: 69.05, 68.59
Resistance: 70.79, 71.30, 70.50
What it said to watch
Reclaim of 70.79 range top exposes the 71.30 weekly high
Loss of 69.05 swing low opens the 68.59 200-day area
FOMC decision and dot plot Wed 18:00 UTC is the dominant catalyst for this read
US Retail Sales Wed 12:30 UTC can shift the near-term tone
Higher lows holding above $70 after weekend gap up.
Silver gapped higher over the weekend and reclaimed $70 and the 200-DMA, riding the US-Iran de-escalation and softer USD per the macro read. Price has since carved a higher-low structure between 69.05 and the 71.31 week high, with RSI(14) cycling around the mid-50s after the pullback bounced off $69. The 70.84 prior high is the immediate cap and area to watch for rejection or break.
Support: 69.25, 69.05
Resistance: 70.84, 71.31
What it said to watch
FOMC + dot-plot Wed 18:00 UTC is the dominant catalyst and could materially shift this read
Close above 71.31 opens the path toward $74-75
Failure to hold 69.25 confirms a lower-low and exposes the 200-DMA near 68.59
10:02 UTC
Recovery, ranging after gap · RSI 54 · price 70.445
Range between 69.05 and 71.31 since weekend gap.
Silver gapped higher into Monday's open after the US-Iran de-escalation and softer USD, reclaiming $70 and holding above both EMAs. Since the gap, price has ranged between 69.05 and 71.31, with the latest bounce off 69.30 lifting it back to 70.50. RSI(14) is mid-range near 54 as the consolidation holds under the week high.
Support: 69.90, 69.05, 68.59
Resistance: 70.79, 71.31, 70.50
What it said to watch
FOMC Wed 18:00 UTC plus Retail Sales 12:30 UTC could materially shift this read
Hourly close above 70.79 reopens the week high at 71.31
Failure to hold 69.90 exposes the 69.05 week low and 200-dma at 68.59
09:04 UTC
Uptrend, momentum slowing into range · RSI 56 · price 70.582
Post-gap range, higher base above 200-DMA.
Silver staged a sharp recovery off the 61.50 low and gapped higher into this week's open as the US-Iran framework deal weakened USD and crushed oil, reclaiming $70 and the 200-DMA at 68.59. Since the gap price has ranged 69.05–71.30, with the 71.30 week high and 70.84 capping attempts while the 69.05 swing low holds. RSI(14) is cycling mid-range as the post-impulse base consolidates above EMA20.
Support: 69.05, 68.59
Resistance: 70.84, 71.30
What it said to watch
FOMC Wed 18:00 UTC + dot-plot is the key catalyst that could reset this read
H1 close above 71.30 opens the path higher toward $75 area
Failure to hold 69.05 risks a slip back to the 200-DMA at 68.59
09:04 UTC
Uptrend, momentum slowing · RSI 56 · price 70.582
Consolidating below week high after squeeze.
Silver gapped higher into this week and squeezed toward 71.31 off the US-Iran de-escalation and a softer USD, reclaiming $70 and the 200-DMA at 68.59. The week high at 71.31 capped the advance and price has since carved a double bottom near 69.05, with the rebound back to 70.58 reclaiming the EMA20 around 70.12. RSI(14) is cycling in the mid-50s, reflecting a stalled but intact uptrend ahead of the FOMC.
Support: 70.12, 69.05, 68.59
Resistance: 71.31
What it said to watch
FOMC + dot-plot Wed 18:00 UTC is the dominant catalyst and can reset this read
Hourly close above 71.31 reopens the path toward the $74-75 zone
Failure to hold 69.05 swing low exposes the 200-DMA at 68.59
Silver gapped higher into this week's session after the US-Iran framework drained safe-haven oil bids and softened the USD, reclaiming the 200-DMA and clearing $70 to print a week high at 71.31. Price has since rolled over into a tightening consolidation just under $70, with two attempts at the 70.50 area capped and RSI(14) cycling back toward the midline. The 69.05 swing low is holding so far, sitting above the 200-DMA at 68.59.
Support: 69.05, 68.59
Resistance: 70.50, 71.31
What it said to watch
H1 close above 70.50 opens the path toward week high 71.31
Failure to hold 69.05 exposes the 200-dma at 68.59
FOMC dot-plot Wed 18:00 UTC is the key risk that could reset this read
08:02 UTC
Uptrend stalling, pulling back · RSI 46 · price 69.998
Weekend gap higher, then lower highs off the week high.
Silver gapped sharply higher into Monday's open and ran to a 71.30 week high through Tuesday on the US-Iran de-escalation and softer USD, reclaiming the $70 psych level. The move has since faded, printing lower highs as RSI(14) cools back toward the mid-40s, with price now hovering at $70 and the EMA20. Supply has capped attempts near 70.50 while the 69.25 swing low has held the pullback so far.
Support: 69.25, 68.59
Resistance: 70.50, 71.30
What it said to watch
FOMC Wed 18:00 UTC is the dominant catalyst and could materially shift this read
Reclaim of 70.50 supply reopens the path to the 71.30 week high
Failure to hold 69.25 swing low exposes the 200-dma at 68.59
07:03 UTC
Uptrend, pullback in progress · RSI 46 · price 69.698
Higher base post-gap, correcting from week high.
Silver gapped higher into Monday's session and ran to 71.31 before stalling, the leg riding the US-Iran de-escalation and softer USD off the Hormuz reopening. Price has since rolled over through EMA20 and is hovering near 69.70, with 70.00 now acting as overhead and demand stepping in around the 69.05 session low. RSI(14) has cooled to the mid-40s as the corrective drift extends.
Support: 69.05, 68.59
Resistance: 70.00, 70.50, 71.31
What it said to watch
FOMC Wed 18:00 UTC plus Retail Sales 12:30 UTC could materially shift this read
Loss of 69.05 opens the path back toward the 200-dma at 68.59
An H1 close back above 70.50 re-exposes the 71.31 week high
07:02 UTC
Uptrend stalling, pulling back · RSI 44 · price 69.698
Lower highs off Monday's peak, holding above 69.
Silver gapped higher into Monday's open and ran to 71.31 on the US-Iran de-escalation and softer USD, before lower highs developed through the back half of the week. Price has since slipped under EMA(20) and is grinding around 69.70, with the 69.05 swing low and 200-DMA at 68.59 underpinning. RSI(14) has cooled into the low-40s as the rally lost pace.
Support: 69.05, 68.59
Resistance: 70.50, 71.31
What it said to watch
FOMC + dot-plot Wed 18:00 UTC is the key catalyst and could materially shift this read
Failure to hold 69.05 opens the path back to the 200-DMA at 68.59
An H1 close back above 70.50 would re-engage the week-high at 71.31
Silver gapped higher into this week and ran to a 71.31 week high as the US-Iran framework deal and soft USD unwound safe-haven flows. Price has since faded under EMA20 near 70.20, printing lower highs and stalling beneath the $70.50 psych level; the pullback now sits at 69.30 with the 69.05 swing low the nearest floor ahead of the 200-dma at 68.59.
Support: 69.05, 68.59
Resistance: 70.20, 70.50, 71.31
What it said to watch
Hourly close back above 70.50 reopens the path toward the week high at 71.31
Failure to hold 69.05 swing low exposes the 200-dma at 68.59
FOMC decision + dot-plot Wed 18:00 UTC is the key catalyst and could materially shift this read
Silver gapped higher into this week's reopen and ran to 71.31, riding the US-Iran de-escalation and softer USD before fading back under $70. The $70 psych level capped the last attempt and price has since slipped below EMA20, with RSI cooling into the low 40s as the pullback finds the 69.05 swing low. The 200-DMA at 68.59 sits below as the next structural shelf into Wednesday's FOMC.
Support: 69.05, 68.59
Resistance: 70.00, 70.84, 71.31
What it said to watch
Hourly close back above 70.00 reopens the path to 70.84 and the 71.31 week high
Failure to hold 69.05 exposes the 200-dma at 68.59
FOMC + dot-plot Wed 18:00 UTC is the dominant catalyst and could materially shift this read
05:03 UTC
Uptrend, momentum slowing · RSI 44 · price 69.703
Post-rally pullback, lower highs forming.
Silver gapped higher over the weekend and ran to a 71.31 week high on the US-Iran framework and a softer USD, but the rally has stalled with a series of lower highs since. Price now sits back below EMA20 around 69.70, with the 69.05 swing low marking the first floor after the impulse; RSI has cooled into the mid-40s as the move loses steam. The pullback respects the 70.79 session-high supply on the bounces.
Support: 69.05, 68.04
Resistance: 70.79, 71.31
What it said to watch
FOMC dot plot Wed 18:00 UTC is the dominant catalyst for this read
H1 close below 69.05 confirms a lower-low and reopens the gap base at 68.04
Reclaim of 70.79 session high needed to re-engage the week-high at 71.31
Silver staged a violent recovery off the $61.50 low this week, with a weekend gap up to $69.40 on the US-Iran de-escalation framework and a softer USD before peaking at 71.31. Price has since rolled over below the H1 EMA20, with lower highs stacking from the peak and RSI cooling into the mid-40s. It is now holding above the 69.05 swing low and the EMA50 sits beneath as the slower pivot.
Support: 69.05, 68.04
Resistance: 70.40, 71.31
What it said to watch
H1 close back above 70.40 (ema20) reopens the 71.31 week high
Loss of 69.05 swing low exposes the 68.04 gap fill
FOMC dot plot Wed 18:00 UTC could materially shift this read
04:02 UTC
Uptrend, momentum cooling · RSI 43 · price 69.872
Pullback after weekend gap higher.
Silver gapped higher into Monday's open on the US-Iran framework and softer USD, extending to a week high at 71.31 before fading. Price has since slipped back under EMA20 toward the weekly open at 69.43, with RSI(14) cooling from overbought as the rally loses steam. The 69.05 swing low marks the first structural support beneath the gap zone.
Support: 69.43, 69.05
Resistance: 70.30, 71.31
What it said to watch
Loss of 69.05 confirms a lower-low and reopens the pre-gap zone
Hourly close back above 70.30 EMA20 would revive the rebound toward 71.31
FOMC dot plot Wed 18:00 UTC is the dominant catalyst and could reset this read
Silver gapped higher into the new week and ran to 71.31 before stalling, with price now drifting back below the EMA20 into the upper 69s. The leg up reflects the US-Iran framework and a softer USD that crushed the war-premium bid; RSI(14) has cooled into the mid-40s as the rally loses steam. The 69.30/69.05 area has absorbed the pullback so far while 70.22 capped the latest bounce.
Support: 69.30, 69.05
Resistance: 70.22, 71.31
What it said to watch
H1 close below 69.05 confirms a lower low and breaks the consolidation floor
Reclaim of 70.22 reopens the path toward the 71.31 week high
FOMC dot plot Wed 18:00 UTC is the dominant catalyst and can override this structure
03:03 UTC
Rebound stalling, pulling back · RSI 42 · price 69.526
Lower highs off the week high after gap-up.
Silver gapped up over the weekend and ran to a week high of 71.30 on the US-Iran framework and softer USD, but the move has since faded into a sequence of lower highs and price now trades back below EMA20 and EMA50 near 69.53. RSI(14) has cooled toward 42 as the rebound loses steam, with the 69.05 swing low the first support being tested into the new session.
Support: 69.05, 67.25
Resistance: 70.84, 71.30
What it said to watch
FOMC rate decision + dot plot Wed 18:00 UTC is the dominant catalyst for this read
Loss of 69.05 confirms a lower-low and opens the 67.25 200d pivot
Reclaim of 70.84 would break the lower-high sequence
03:03 UTC
Uptrend, pullback after gap rally · RSI 42 · price 69.526
Weekend gap up, lower highs from week high.
Silver gapped up over the weekend near $69.4 on the US-Iran framework and a softer USD, extending to a week high of 71.31 before drifting steadily back toward 69.3. Price has slipped below EMA(20) as RSI(14) cooled into the low-40s, retracing almost the entire post-gap rally back to the weekly open. The 200-day SMA at ~67.25 sits as the reclaimed pivot below.
Support: 69.052, 69.379, 67.25
Resistance: 70.79, 71.307
What it said to watch
H1 close below 69.05 confirms a lower low and threatens the weekly open at 69.379
Reclaim of 70.79 reopens the 71.31 week high
FOMC dots + Retail Sales Wed (12:30 / 18:00 UTC) are the key catalysts and could materially shift this read
Silver gapped sharply higher into this week's open near 69.40 and rallied to 71.31 as the US-Iran peace deal and Hormuz reopening unwound the haven bid, before fading back toward 69.34. Price has slipped below EMA20 with a string of lower highs since the 71.31 peak, while RSI(14) has cooled toward the high-30s. The 9-day EMA near 69.16 and the 69.00 round number are the first levels under spot, with the gap base at 68.04 below.
Support: 69.16, 69.00, 68.041
Resistance: 70.22, 71.307
What it said to watch
Hourly close below 69.16/69.00 opens the path toward the 68.04 gap base
Reclaim of 70.22 needed to challenge the 71.31 week high
FOMC dots + Retail Sales Wed could materially shift this read
Silver staged a V-shaped recovery off the $61.49 low, gapping higher over the weekend and reclaiming $70 as the US-Iran peace deal unwound the haven/oil premium. Price topped at $71.30 and has since drifted back below EMA(20) toward $69.65, with RSI cooling near 40 as momentum fades. Holding above the $69.16 support keeps the recovery structure intact ahead of Wednesday's FOMC.
Support: 69.65, 69.16, 68.04
Resistance: 70.70, 71.30
What it said to watch
H1 close below 69.16 opens the path back toward the 68.04 gap area
Reclaim of 70.70 would re-engage the move toward the 71.30 week high
FOMC dots + US Retail Sales Wed could materially shift this read
Silver gapped higher into the new week and ran to 71.31 as the US-Iran de-escalation and Hormuz reopening unwound the prior haven flows, but the move has since rolled over into a pullback now testing 70.00. Price has slipped below EMA(20) with RSI(14) cooling toward 44 after the rejection at the week high, and the latest bars are pressing the 69.65 swing low. The post-gap impulse has retraced most of its gains.
Support: 69.65, 69.38
Resistance: 70.00, 70.79, 71.31
What it said to watch
H1 close below 69.65 confirms a lower-low and exposes the 69.38 gap base
Reclaim of 70.00 needed to re-engage the 70.79 session high
FOMC dots + Retail Sales Wed could materially shift this read
Pullback within this-week's recovery, holding above the gap open.
Silver gapped higher into this week's reopen on the US-Iran deal and Hormuz reopening, running from the 68.04 Friday close to a 71.30 week high before stalling. Price has since rejected the 70.84 area and drifted back below the 70.00 round number, slipping under EMA20 with RSI cooling toward neutral. The gap open near 69.38 and the 69.80 session low mark the base for the rebound.
Support: 69.80, 69.38
Resistance: 70.00, 70.84, 71.30
What it said to watch
FOMC decision and dot plot Wed 18:00 UTC could materially shift this read
H1 close below 69.38 gap open would negate the recovery base
Reclaim of 70.00 round number reopens the path back to 70.84
Silver gapped higher into this week's open (68.04 to 69.43) as the US-Iran peace deal and Hormuz reopening drained safe-haven demand, then extended to 71.31 before fading back to the 70.00 round number. Price has slipped below the H1 EMA(20) with RSI(14) cooling into the low-40s, and the 70.00 handle has now given way. The 69.38 week open and 68.04 pre-gap close mark the zones below.
Support: 69.38, 68.04
Resistance: 70.80, 71.31
What it said to watch
Hold above 69.38 keeps the post-gap structure intact; loss confirms a deeper retrace toward 68.04
H1 close back above 70.80 revives the rally toward the 71.31 week high
FOMC decision + dot plot Wed 18:00 UTC could materially shift this read