Lower highs and lows, now consolidating just under 7-month low.
Silver bled ~1.85% through the session and is now coiling in a tight 55.45-55.55 band just beneath the 7-month low, with sellers still controlling the descending channel. The oil-driven inflation bid offset soft CPI/PPI, keeping the tape heavy despite a weaker USD. RSI(14) near 42 — no oversold extreme yet as the decline flattens.
Support: 55.32, 54.39
Resistance: 55.72, 56.50
What it said to watch
M15 close below 55.32 (session low) exposes 54.39
Reclaim of 55.72 swing high needed to challenge channel top near 56.50
Michigan Sentiment + inflation expectations Fri 14:00 UTC could shift this read
Silver ground lower through the session inside a descending channel, sliding from 57.85 toward the 55.32 swing low as US-Iran oil-driven inflation fears kept the metal heavy despite soft CPI/PPI. Late-Asia trade has flattened into a tight 55.45-55.55 consolidation just above the low, RSI(14) hovering in the low-40s.
Support: 55.32, 54.39
Resistance: 55.73, 56.50
What it said to watch
Close below 55.32 confirms a lower-low and exposes 54.39
Reclaim of 55.73 would break the late consolidation and test channel top near 56.50
UoM Consumer Sentiment + inflation expectations at 14:00 UTC could materially shift this read
Silver sold off roughly 4% across the window on oil-driven inflation fears, basing near the 55.50-55.63 seven-month low. Last several Asian-session bars are ranging tight 55.44-55.64 on thin volume, RSI(14) flat in the low-40s after the slide.
Support: 55.50, 55.32, 54.39
Resistance: 56.01
What it said to watch
M15 close below 55.32 confirms lower-low and exposes 54.39
Reclaim of 56.01 needed to challenge the descending channel top
UoM Michigan Sentiment Fri 14:00 UTC could reprice this base
Descending channel, consolidating at seven-month low.
Silver slid ~1.85% through the NY session on oil-driven inflation fears, printing a seven-month low at 55.32 before stabilising. Price is now coiling in a tight 55.41-55.73 band through the Asia session, RSI(14) around 41 after the extended leg down.
Support: 55.41, 55.32, 54.39
Resistance: 55.73
What it said to watch
M15 close below 55.32 exposes 54.39
Close above 55.73 breaks the consolidation and channel structure
Michigan Sentiment + inflation expectations Fri 14:00 UTC could reprice this read
Silver ground steadily lower through the window from 57.85 down to the 55.50-55.63 seven-month low, now consolidating in a tight range just above it during late US hours. RSI(14) is mid-range after the sell-off, and oil-driven inflation fears kept sellers in control of the channel despite soft US data earlier.
Support: 55.50, 55.32, 54.39
Resistance: 55.73
What it said to watch
Break below 55.32 confirms a lower low and exposes 54.39
Reclaim of 55.73 swing high needed to challenge the channel top
Michigan Sentiment + inflation expectations Fri 14:00 UTC could shift this read
Descending, series of lower highs into 55.50 base.
Silver ground lower through the London-NY sessions in a clean descending channel, bottoming at 55.32 before flattening into a tight 55.44-55.63 range on faded volume. Selling was driven by oil-led inflation fears offsetting soft US CPI/PPI; RSI(14) near 42 with no divergence, price coiling just above the seven-month low.
Support: 55.32, 55.63
Resistance: 56.29
What it said to watch
Break below 55.32 exposes the 55.63 7-month-low zone and 54.39
Reclaim of 56.29 needed to challenge the channel top
Fri 14:00 UTC Michigan Sentiment + inflation expectations could shift the read
23:03 UTC
Downtrend, consolidating at lows · RSI 43 · price 55.488
Descending channel, chain of lower highs into a base near seven-month low.
Silver bled from 57.85 down to sub-55.5 through London-NY as oil-driven inflation fears offset the soft CPI/PPI prints, holding a clean descending channel. Price is now pinned just above the 55.32 seven-month low in thin late-session trade, RSI(14) recovering off oversold near 43 as the tape flattens around 55.5.
Support: 55.32, 54.39
Resistance: 55.73
What it said to watch
M15 close below 55.32 confirms a lower-low and exposes 54.39
Reclaim of 55.73 needed to stall the sequence of lower highs
Michigan Sentiment + inflation expectations Fri 14:00 UTC can drive the next leg
23:03 UTC
Downtrend, consolidating near lows · RSI 43 · price 55.488
Silver ground lower through the NY session inside a descending channel, tagging the seven-month low near 55.32 as oil-driven inflation fears overrode the softer CPI/PPI. Price is now flat-lining 55.44-55.73 into late session with RSI(14) recovering off oversold; the low is holding for now.
Support: 55.32, 55.00
Resistance: 55.73, 55.86
What it said to watch
M15 close below 55.32 exposes 55.00 then 54.39
Reclaim of 55.86 would break the descending channel structure
Michigan Sentiment + inflation expectations Fri 14:00 UTC could shift this read
Silver ground steadily lower through the session, printing a low at 55.32 as US-Iran oil/inflation fears offset soft CPI/PPI, per the macro read. Price is now stalling around 55.45-55.50 on very thin late-NY/Asia volume, holding just under the 55.63 seven-month support zone.
Support: 55.32, 55.45, 54.39
Resistance: 55.73
What it said to watch
Sustained M15 close below 55.32 exposes 54.39
Reclaim of 55.73 would break the descending channel structure
Fri 14:00 UTC Michigan Sentiment / inflation expectations could shift this read
Lower highs/lower lows, now consolidating above 7-month low.
Silver ground down through the session inside a descending channel, printing a seven-month low at 55.32 before stalling into a tight 55.40–55.73 consolidation. The slide holds despite soft CPI/PPI as oil-driven inflation fears keep the tape heavy; RSI(14) near 38 with no divergence yet.
Support: 55.32, 54.39
Resistance: 55.73
What it said to watch
Close below 55.32 confirms a fresh lower-low, exposing 54.39
Reclaim of 55.73 would break the near-term downtrend structure
Michigan Sentiment + inflation expectations Fri 14:00 UTC could shift the read
Silver bled ~4% through the NY session from 57.8 to a 55.32 swing low, driven by US-Iran/oil inflation fears overriding the soft CPI/PPI prints. Price is now grinding sideways just above the seven-month low around 55.50 with RSI(14) off its trough but no reversal signal.
Support: 55.32, 54.39
Resistance: 55.73, 56.37
What it said to watch
M15 close below 55.32 swing low exposes 54.39
Recovery above 55.73 recent high needed to test channel top near 56.37
Michigan sentiment + inflation expectations Fri 14:00 UTC could shift this read
Silver ground lower through the London-NY sessions into a seven-month low zone, sellers pressing after oil-driven inflation fears offset soft US data. Price now stalling in a tight 55.35-55.73 range post-NY close, RSI(14) recovered off oversold to mid-40s.
Support: 55.32, 55.00
Resistance: 55.73
What it said to watch
Break below 55.32 exposes the 55.00 psych area
M15 close back above 55.73 swing high eases the downside pressure
Fri 14:00 UTC Michigan sentiment / inflation expectations could reprice this read
22:17 UTC
Downtrend, grinding into low zone · RSI 43 · price 55.549
Lower highs, lower lows in descending channel.
Silver ground steadily lower through London-NY into the 55.50-55.63 seven-month low zone, driven by oil-led inflation fears offsetting the soft CPI/PPI prints. Last few bars are flat and thin near 55.55 in the late-session lull; RSI(14) mid-40s with no oversold extreme.
Support: 55.32, 55.50
Resistance: 55.73
What it said to watch
M15 close below 55.32 confirms a lower-low, exposing 54.39
Close back above 55.73 would break the near-term lower-high sequence
Michigan Sentiment / UoM inflation expectations Fri 14:00 UTC could shift the read
22:17 UTC
Downtrend, consolidating near lows · RSI 41 · price 55.549
Lower highs, lower lows; flattening at 7-mo low.
Silver ground lower all session inside a descending channel, printing a 55.32 session low before stalling in a tight 55.50–55.63 seven-month low zone. Volume thinned into Asia hours with RSI(14) mid-40s; the slide reflects oil-driven inflation fears offsetting the soft US CPI/PPI prints.
Support: 55.32, 54.39
Resistance: 55.72
What it said to watch
M15 close below 55.32 confirms a lower-low and exposes 54.39
Reclaim of 55.72 swing high needed to ease downside pressure
Michigan Sentiment / inflation expectations Fri 14:00 UTC could shift the read
Lower highs, lower lows; consolidating near session low.
XAGUSD stayed pinned in its descending channel through the NY session, driving through the 55.63 seven-month low area on renewed inflation-driven pressure. Price now hovers at 55.507 just above the 55.32 session low, ranges compressing into the Asia open with RSI(14) near 39 — heavy but not oversold.
Support: 55.32, 54.39
Resistance: 55.73
What it said to watch
Sustained break below 55.32 session low opens the path to 54.39
Close back above 55.73 swing high would break the lower-high sequence
Michigan sentiment / UoM inflation expectations Fri 14:00 UTC could shift this read
22:03 UTC
Downtrend, grinding to new lows · RSI 41 · price 55.507
Lower highs, lower lows in descending channel.
XAGUSD extended its descending channel into a fresh seven-month low at 55.32 before stabilising near 55.50, with renewed US-Iran/oil-driven inflation fears keeping silver heavy despite soft US data. A brief bounce to 55.72 was sold, and the last four bars are coiling in a tight 55.41–55.55 range.
Support: 55.41, 55.32, 54.39
Resistance: 55.72
What it said to watch
M15 close below 55.32 confirms continuation and exposes 54.39
Reclaim of 55.72 swing high needed to ease downside pressure
Michigan sentiment/inflation expectations Fri 14:00 UTC could shift the tape
21:47 UTC
Downtrend, consolidating at lows · RSI 40 · price 55.507
Lower highs and lower lows in a descending channel.
Silver ground lower through the NY session in a descending channel, printing a session low at 55.32 before stabilising just above 55.50 — the seven-month low zone flagged as key support. Last four bars are coiling in a 55.45-55.55 range, RSI(14) near 40 with no divergence.
Support: 55.32, 54.39
Resistance: 55.73
What it said to watch
M15 close below 55.32 opens the path toward 54.39
Reclaim of 55.73 swing high needed to ease downside pressure
Michigan Sentiment / UoM inflation expectations Fri 14:00 UTC could materially shift this read
Silver ground lower through the NY session, shedding ~1.85% as firmer oil and inflation fears offset soft US data, and now sits pinned on the 55.50 seven-month low. Price is coiling in tight ranges just above the 55.32 swing low with RSI(14) around 41, no impulse in either direction late into the session.
Support: 55.50, 55.32
Resistance: 55.73
What it said to watch
M15 close below 55.32 confirms a lower low, exposing 54.39
Reclaim of 55.73 needed to challenge the descending channel top
UoM inflation expectations Fri 14:00 UTC could reprice this read
Silver ground lower through the NY session in a clean descending channel, shedding over 2 points to tag 55.32 as oil-driven inflation fears offset soft US data. Price now consolidating on the 55.50 seven-month low with RSI(14) around 42, off its earlier extreme.
Support: 55.32, 55.50
Resistance: 56.06
What it said to watch
M15 close below 55.32 confirms a lower-low and exposes 54.39
Reclaim of 56.06 would break the sequence of lower highs
UoM inflation expectations Fri 14:00 UTC could materially shift this read
Silver ground lower all session in a descending channel, printing a session low at 55.32 before stalling near 55.50 as US-Iran oil premium kept the tape heavy despite soft CPI/PPI. Late-session bars have tightened between 55.41 and 55.73 with RSI(14) around 37, no fresh impulse yet.
Support: 55.32, 54.39
Resistance: 55.73
What it said to watch
Break below 55.32 session low exposes 54.39
Reclaim of 55.73 swing high needed to ease downside pressure
Fri 14:00 UTC UoM inflation expectations could shift this read
Silver ground lower through the NY session inside a descending channel, printing a fresh 7-month low at 55.32 before stabilising around 55.50 — oil-driven inflation fears offsetting soft CPI/PPI. Price sits below EMA20/50 with RSI(14) near 39, the last several bars coiling tightly above the low without a bounce.
Support: 55.32, 54.39
Resistance: 55.862
What it said to watch
M15 close below 55.32 swing low exposes 54.39
Reclaim above 55.86 channel top questions the downtrend
Michigan Sentiment / UoM inflation expectations Fri 14:00 UTC could shift the read
21:17 UTC
Downtrend, grinding lower · RSI 38 · price 55.507
Lower highs, lower lows in descending channel.
Persistent NY-session selling carried silver down a descending channel to 55.32 as US-Iran oil/inflation fears offset the soft CPI/PPI prints. Late session has stalled into a tight 55.41-55.73 consolidation with RSI(14) recovering into the mid-30s off the lows — no bounce confirmed yet.
Support: 55.409, 55.32, 54.39
Resistance: 55.73, 56.16
What it said to watch
M15 close below 55.32 swing low exposes 54.39
Reclaim of 55.73 swing high needed to challenge the channel top near 56.16
Michigan Sentiment + UoM inflation expectations Fri 14:00 UTC could shift this read
Lower highs and lower lows, consolidating at range base.
Silver ground lower through the session in a descending channel, printing a 7-month low at 55.32 as US-Iran energy-inflation fears kept the tape heavy despite soft CPI/PPI. Price is now coiling in a tight 55.41-55.73 band just above the low, RSI(14) recovering off oversold with momentum fading.
Support: 55.409, 55.32, 54.39
Resistance: 55.732
What it said to watch
M15 close below 55.32 confirms a fresh lower-low and exposes 54.39
Reclaim of 55.73 would break the consolidation top and stall the descent
Michigan Consumer Sentiment + UoM inflation expectations Fri 14:00 UTC could reprice this leg
Silver ground steadily lower through the NY session to the seven-month low zone, extending the descending channel after US-Iran energy-inflation fears offset soft CPI/PPI. Price is now consolidating tight between 55.41 and 55.55 just above the 55.32 session low, having failed to reclaim 55.73. RSI(14) near 41, off its lows but no upside momentum.
Support: 55.32, 54.39
Resistance: 55.73
What it said to watch
Break below 55.32 exposes 54.39
Reclaim of 55.73 needed to ease channel pressure
Michigan Sentiment / UoM inflation expectations Fri 14:00 UTC could shift the read
Silver held a steady M15 downtrend all session, sliding from 57.87 into the 55.50-55.63 seven-month low zone as oil-driven inflation fears offset soft US data. Late-NY bars are coiling on thin volume just above the 55.32 session low, RSI(14) mid-40s with no oversold signal.
Support: 55.32, 55.50, 54.39
Resistance: 55.73, 56.50
What it said to watch
M15 close below 55.32 confirms a lower-low and exposes 54.39
Reclaim of 55.73 needed to challenge the channel top near 56.50
Michigan Sentiment / UoM inflation expectations Fri 14:00 UTC could shift this read
Silver ground lower through the NY session in a descending channel, shedding over a full dollar on oil-driven inflation fears offsetting soft US data. Price is now pinned near the 55.32 session low with the last few bars coiling tightly around 55.50 on thin late-session volume; RSI(14) near 41 as downside momentum fades.
Support: 55.32, 54.39
Resistance: 55.73, 56.10
What it said to watch
M15 close below 55.32 confirms a fresh lower-low, exposing 54.39
Reclaim of 55.73 needed to challenge the channel top near 56.10
Michigan Sentiment + UoM inflation expectations Fri 14:00 UTC could reprice the tape
Silver ground lower through the NY session inside a descending channel, printing 55.461 and slipping below the 55.50-55.63 seven-month support flagged by desks. The slide extends the bearish tape driven by oil-led inflation fears despite soft US data; RSI(14) near 39 with no divergence.
Support: 55.32, 55.00, 54.39
Resistance: 55.732
What it said to watch
M15 close below 55.32 swing low exposes 55.00 then 54.39
Reclaim of 55.732 recent high needed to stall the channel
Michigan sentiment + inflation expectations Fri 14:00 UTC could reprice the tape
20:32 UTC
Downtrend, grinding lower · RSI 39 · price 55.461
Descending channel, lower highs and lows.
Silver has bled lower all session inside a descending channel, off 57.7 toward 55.46 as US-Iran oil/inflation fear overrides the soft CPI/PPI prints. Price hovers just above the 55.32 session low with RSI(14) near 39 — no reversal signal, sellers still control the tape.
Support: 55.32, 54.39
Resistance: 55.73
What it said to watch
Break below 55.32 exposes the 54.39 area
M15 close above 55.73 challenges the descending channel
Michigan Sentiment / UoM inflation expectations Fri 14:00 UTC could shift this read
20:17 UTC
Downtrend, grinding to new lows · RSI 40 · price 55.532
Descending channel, lower highs and lows.
Silver ground lower through the NY session inside a descending channel, printing a fresh swing low at 55.32 before stalling near 55.53. Slide driven by Iran/oil-linked inflation fears offsetting soft US data; RSI(14) near 40, no oversold extreme yet. Rebounds into 55.73 keep getting capped.
Support: 54.39
Resistance: 55.73
What it said to watch
M15 close above 55.73 breaks the descending sequence of lower highs
Break below 55.32 exposes the 54.39 area
Michigan sentiment / UoM inflation expectations Fri 14:00 UTC could reshape this read
20:17 UTC
Downtrend, grinding lower · RSI 43 · price 55.532
Lower highs and lower lows in descending channel.
Silver ground through the NY session inside a descending channel, printing a fresh seven-month low at 55.32 before a shallow bounce to 55.53. Move fed by revived Iran-driven inflation fears offsetting soft US data; RSI(14) near 42, no oversold extreme yet.
Support: 55.32
Resistance: 55.73, 56.50
What it said to watch
M15 close below 55.32 confirms the lower low and exposes 54.39
Reclaim of 55.73 needed to challenge the channel top near 56.50
Michigan Sentiment + UoM inflation expectations Fri 14:00 UTC could shift this read
20:03 UTC
Downtrend, grinding lower · RSI 43 · price 55.69
Descending channel, lower highs / lower lows.
Late-NY silver has ground to a fresh seven-month-low zone, printing 55.32 before a modest bounce back to 55.69 as sellers stay in control of the descending channel. Oil-driven inflation fears have offset this week's soft CPI/PPI, keeping the tape heavy; RSI(14) is recovering off intraday lows near 43.
Support: 54.39
Resistance: 56.10
What it said to watch
M15 close below 55.32 confirms channel continuation and opens 54.39
Reclaim of 56.10 would challenge the channel top and lower-high sequence
Michigan Sentiment + inflation expectations Fri 14:00 UTC could reprice the read
Silver ground lower through the NY session inside a descending channel, printing a fresh low at 55.32 before a modest bounce to 55.69 as oil-driven inflation fears kept the tape heavy despite soft US data. RSI(14) cooling near 43, still no bullish divergence; lower highs intact from 56.50.
Support: 55.32, 55.00
Resistance: 55.86
What it said to watch
M15 close above 55.86 session high would break the near-term lower-high sequence
Loss of 55.32 swing low exposes the 55.00 round number
UoM sentiment + inflation expectations Fri 14:00 UTC could shift this read
Silver ground lower through the NY session inside a descending channel, tagging 55.32 before stabilising near the 55.50 seven-month low; oil-driven inflation fears kept sellers in control despite soft US data. RSI(14) around 40 with price coiling in a tight 55.32–55.69 band into the late session.
Support: 55.32, 55.50, 54.39
Resistance: 55.69, 55.86
What it said to watch
M15 close below 55.32 exposes the 54.39 zone
Reclaim of 55.86 session high challenges the channel top
Fri 14:00 UTC Michigan sentiment/inflation expectations could shift this read
Lower highs and lower lows in a descending channel.
Silver ground lower through the NY session, breaking to a seven-month-low print at 55.32 as oil-driven inflation fears offset soft US data. Price is consolidating just above at 55.49 inside the descending channel; no reclaim of 55.86 yet.
Support: 55.32, 54.39
Resistance: 55.86
What it said to watch
M15 close below 55.32 opens the path to 54.39
Reclaim of 55.86 would break the run of lower highs
UoM sentiment + inflation expectations Fri 14:00 UTC could reprice the tape
Series of lower highs and lower lows within descending channel.
Silver stair-stepped lower through the NY session inside a descending channel, printing a fresh session low at 55.32 before basing near 55.54. The slide extends the oil/inflation-fear driven selling; RSI(14) near 40, not yet oversold, price pinned under EMA20 and EMA50.
Support: 55.32, 55.50, 54.39
Resistance: 55.86
What it said to watch
M15 close below 55.50 / 55.32 exposes the 54.39 area
Reclaim of 55.86 needed to break the lower-high chain
Michigan Sentiment + inflation expectations Fri 14:00 UTC could shift this read
Silver kept grinding lower through the NY session, printing a session low at 55.32 before a shallow bounce to 55.55; oil-driven inflation fears keep sellers in control of the descending channel despite soft US data. RSI(14) near 40, no divergence, price pinned to the 55.50-55.63 seven-month support shelf.
Support: 55.32, 55.50
Resistance: 55.86
What it said to watch
Break and hold below 55.32 exposes the 55.00 area next
M15 close back above 55.86 challenges the channel-top read
Fri 14:00 UTC UoM sentiment + inflation expectations could shift the tape
19:17 UTC
Downtrend, grinding lower · RSI 42 · price 55.542
Lower highs and lower lows within descending channel.
Silver bleeding lower through the NY session inside a descending channel, printing a fresh session low at 55.32 before a shallow bounce to 55.54; RSI(14) near 42, not yet oversold. Sellers keep capping rebounds as oil-driven inflation fears offset soft US data, with the seven-month low zone at 55.50-55.63 now in play.
Support: 55.32, 55.00, 54.39
Resistance: 55.86
What it said to watch
Sustained M15 close below 55.32 exposes 55.00 then 54.39
Reclaim of 55.86 would break the lower-high sequence
Michigan sentiment / inflation expectations Fri 14:00 UTC could shift this read
19:17 UTC
Downtrend, pressing lows · RSI 41 · price 55.542
Lower highs, lower lows in descending channel.
XAGUSD grinding lower through the NY session in a clean descending channel, printing a fresh seven-month low at 55.32 before a shallow bounce to 55.54. Sellers stayed in control after oil/US-Iran inflation fears offset the soft CPI/PPI prints; RSI(14) near 41, not yet oversold.
Support: 55.50, 55.32, 54.39
Resistance: 55.86
What it said to watch
M15 close below 55.32 confirms continuation and exposes 54.39
Reclaim of 55.86 would break the run of lower highs
Michigan Sentiment + inflation expectations Fri 14:00 UTC could shift this read
19:03 UTC
Downtrend, grinding lower · RSI 40 · price 55.586
Lower highs, lower lows in descending channel.
Silver ground lower through the NY session into the 55.50-55.63 seven-month low zone, dipping to a 55.32 swing low before recovering to 55.586. Sellers control the descending channel as oil-driven inflation fears offset soft US data; price holds below EMA20/50 with RSI near 40.
Support: 55.32, 54.39
Resistance: 55.86
What it said to watch
M15 close below 55.32 confirms a lower-low, exposing 54.39
Reclaim of 55.86 needed to challenge channel top and stall the slide
Michigan Sentiment + inflation expectations Fri 14:00 UTC could shift this read
19:03 UTC
Downtrend, fresh lows · RSI 40 · price 55.586
Descending channel, lower highs and lows.
NY session extended the slide, silver printing a fresh seven-month low at 55.32 before a shallow bounce to 55.59, driven by oil-led inflation fears offsetting soft US data. Price is pinned below EMA20/50 inside a clean descending channel, RSI(14) near 40 with no divergence yet.
Support: 55.32, 55.50
Resistance: 55.86
What it said to watch
Sustained break below 55.32/55.50 exposes 54.39
Reclaim of 55.86 needed to ease immediate downside pressure
Michigan sentiment + inflation expectations Fri 14:00 UTC could shift this read
Silver ground lower through the NY session inside a descending channel, sweeping the seven-month low band around 55.50-55.63 down to a session low of 55.32 before recovering to 55.60. The slide is driven by oil/inflation fears offsetting the soft CPI/PPI prints; sellers keep capping rebounds under 55.86.
Support: 55.32, 54.39
Resistance: 55.86
What it said to watch
M15 close below 55.32 confirms continuation and exposes 54.39
Reclaim of 55.86 swing high would break the lower-high sequence
Michigan sentiment / inflation expectations Fri 14:00 UTC could reprice this move
18:47 UTC
Downtrend, pressing lows · RSI 39 · price 55.608
Lower highs, lower lows in descending channel.
Silver ground lower through the NY session, tagging a fresh 55.32 session low before a shallow bounce to 55.60 as oil-driven inflation fears kept sellers active. Price hugs the descending channel with RSI(14) near 38, sitting right on the 55.50 seven-month low.
Support: 55.50, 55.32
Resistance: 55.86
What it said to watch
Sustained close below 55.50 exposes the 54.39 area
Reclaim of 55.86 needed to ease the lower-low sequence
Michigan Sentiment / inflation expectations Fri 14:00 UTC could shift this read
18:32 UTC
Downtrend, grinding lower · RSI 39 · price 55.668
Lower highs, lower lows in descending channel.
Silver ground steadily lower through the NY session, sliding into the seven-month low zone near 55.63 as US-Iran oil-inflation fears offset soft CPI/PPI. Price sits pinned at the channel base with RSI(14) around 39 — heavy but not yet oversold.
Support: 55.63, 55.40
Resistance: 56.50
What it said to watch
A sustained break below 55.40 confirms continuation and opens 54.39
A close back above 56.50 breaks the channel top and neutralises the downtrend read
Fri Michigan inflation expectations could re-price the tape
18:32 UTC
Downtrend, pressing lows · RSI 39 · price 55.668
Lower highs, lower lows in descending channel.
Silver grinding lower through the NY session inside a descending channel, printing a fresh session low at 55.59 with RSI(14) near 38. Selling accelerated after oil-driven inflation fears offset soft US data; rebounds toward 56.05-56.29 keep getting sold.
Support: 55.59, 54.39
Resistance: 56.05, 56.29
What it said to watch
Close below 55.59 confirms lower-low and exposes 54.39
Reclaim of the channel top near 56.29 would break the down-sequence
Michigan sentiment/inflation expectations (Fri 14:00 UTC) could reset the read
18:17 UTC
Downtrend, extending lows · RSI 38 · price 55.702
Descending channel, lower highs and lows.
Silver ground to fresh session lows at 55.59 through the NY session, extending the descending channel after US-Iran oil-inflation fears offset soft CPI/PPI. Price sits just above the seven-month 55.63 low with RSI(14) near 37, no bounce established; supply keeps capping rebounds toward 56.05.
Support: 55.59, 55.40, 55.00
Resistance: 56.05
What it said to watch
Sustained M15 close below 55.40 opens 55.00
Reclaim of 56.05 would break the channel's lower-high sequence
Fri 14:00 UTC Michigan sentiment / inflation expectations could shift this read
18:17 UTC
Downtrend, pressing lows · RSI 39 · price 55.702
Lower highs, lower lows in descending channel.
Silver ground lower through the NY session in a descending channel, now hovering just above the 55.63 seven-month low as oil-driven inflation fears offset soft US data. RSI(14) near 38, no oversold extreme yet, and every bounce toward 56.49 has been sold.
Support: 55.63, 55.40
Resistance: 56.49
What it said to watch
Break and hold below 55.63 exposes 55.40 then 54.39
M15 close back above 56.49 breaks the descending channel top
Fri 14:00 UTC Michigan sentiment / inflation expectations could shift this read
18:03 UTC
Downtrend, pressing lows · RSI 38 · price 55.705
Lower highs, lower lows into 7-mo low.
Silver ground to the 55.63 seven-month-low area during NY hours, a fresh leg lower after the swing high near 56.50 failed and oil-driven inflation fears kept rally attempts sold into. Descending channel intact, RSI(14) sub-40 but not yet extreme; price is coiling just above the 7-mo low.
Support: 55.63, 55.40
Resistance: 56.10, 56.50
What it said to watch
M15 close below 55.63 opens the path toward 55.40 session low and beyond
Reclaim of 56.10 swing would break the sequence of lower highs
Fri 14:00 UTC UoM inflation expectations could materially shift this read
18:03 UTC
Downtrend, pressing lows · RSI 38 · price 55.705
Lower highs, lower lows into 7mo low.
Silver ground lower through the NY session to 55.705, hovering just above the 55.63 seven-month low as oil-driven inflation fears kept a bid under the dollar. Descending channel intact, each bounce toward 56.10 sold; RSI(14) near 38, weak but not yet extended.
Support: 55.63
Resistance: 56.10
What it said to watch
M15 close below 55.63 confirms a fresh lower-low and exposes 54.39
Reclaim of 56.10 would break the intraday sequence of lower highs
Fri 14:00 UTC UoM inflation expectations could materially shift this read
17:47 UTC
Downtrend, pressing new lows · RSI 36 · price 55.63
Lower highs, lower lows into seven-month low.
Silver ground lower through the NY session to test the 55.63 seven-month low, extending a clean lower-high/lower-low chain as oil-driven inflation fears keep a hawkish-Fed premium on the metal. RSI(14) near 36 — soft but not yet extreme — with price capped below the descending channel highs at 56.50-56.81.
Support: 55.63, 55.40, 55.00
Resistance: 56.10, 56.50, 56.81
What it said to watch
Sustained M15 close below 55.63/55.40 confirms fresh downside leg toward 55.00
Reclaim of 56.10 would stall the lower-low sequence
Fri 14:00 UTC UoM inflation expectations could materially shift this read
17:47 UTC
Downtrend, pressing lows · RSI 34 · price 55.63
Lower highs / lower lows, at seven-month low.
Silver ground down through the NY session to 55.63, testing the seven-month low as the descending channel extends. Sellers re-engaged on every bounce toward 56.50; RSI(14) near 34, not yet washed out, ATR ~245 pips.
Support: 55.50, 54.39
Resistance: 56.50
What it said to watch
M15 close below 55.50 confirms fresh lower-low and exposes 54.39
Reclaim of 56.50 needed to break the lower-high chain
Fri 14:00 UTC UoM inflation expectations could shift this read sharply
Silver ground lower through the NY session, sliding to 55.77 as the descending channel held; oil-driven inflation fears kept the soft-CPI relief bid from sticking. The 56.50 bounce high was rejected and price is now retesting the 55.63 seven-month low, RSI(14) near 40.
Support: 55.63
Resistance: 56.50
What it said to watch
M15 close below 55.63 confirms a lower low and exposes 54.39
Reclaim of 56.50 bounce high would break the lower-high chain
Fed speakers (Logan/Schmid/Jefferson) today could inject two-way volatility
17:32 UTC
Downtrend, pressing lows · RSI 38 · price 55.77
Lower highs, lower lows into 7mo low.
NY session extending the descending channel, silver grinding to 55.77 just above the 55.63 seven-month low as oil-driven inflation fears keep pressure on. Bounces toward 56.50 have been sold through the session; RSI(14) near 38 with no bullish divergence yet.
Support: 55.63
Resistance: 56.50
What it said to watch
Break of 55.63 seven-month low opens path toward 54.39
Reclaim of 56.50 swing high needed to challenge the channel read
Fed speakers (Logan/Schmid/Jefferson) today could shift this read
Lower highs, lower lows within descending channel.
Silver ground lower through the NY session toward 55.9 inside a descending channel, with oil-driven inflation fears keeping the soft CPI/PPI relief rally capped. The bounce off the 55.40 session low faded at 56.50, and price now sits just above the 55.63 seven-month low with RSI in the mid-40s.
Support: 55.63, 55.40
Resistance: 56.50, 56.80
What it said to watch
M15 close below 55.63 confirms fresh lows and exposes 55.40 then 54.39
Reclaim of 56.50 swing high needed to challenge the channel top at 56.80
Fed speakers (Schmid, Jefferson) today could inject two-way volatility
17:17 UTC
Downtrend, grinding lower · RSI 43 · price 55.913
Lower highs into 7-month low zone.
Silver in a persistent M15 downtrend through the NY session, sellers capping every bounce toward 56.50 as price grinds back toward the 55.63 seven-month low. A swept low at 55.40 held earlier but rallies have faded fast; RSI(14) near 43, no oversold extreme yet.
Support: 55.63, 55.40
Resistance: 56.50
What it said to watch
Break of 55.63 seven-month low exposes the 55.40 session low and lower
M15 close back above 56.50 breaks the lower-high sequence
Fed speakers Schmid/Jefferson today could shift the read
17:04 UTC
Downtrend, bounce off lows · RSI 47 · price 56.031
Lower highs into a session low, bounce stalling.
Silver ground lower through the NY session to a 55.40 session low, then bounced to a recent high near 56.50 before fading back to 56.03 — sellers re-engaged on the oil-driven hawkish-Fed premium noted in the macro read. Price sits below EMA20/EMA50 with RSI mid-range; the 55.94 swing low is the immediate floor.
Support: 55.94, 55.63, 55.40
Resistance: 56.50
What it said to watch
Loss of 55.94 swing low reopens the 55.63 7-mo low and 55.40 session low
Reclaim above 56.50 recent high needed to challenge descending resistance
Fed speakers (Schmid, Jefferson) today could shift this read
Silver ground lower through the NY session, printing 55.40 before a shallow bounce to 56.03 as oil-driven inflation fears kept sellers active on rallies. Price is capped under a descending resistance line; RSI(14) near 45 after basing, sellers still leaning on bounces toward 56.50.
Support: 55.40, 55.63
Resistance: 56.50
What it said to watch
M15 close above 56.50 breaks the descending channel and eases the downside read
Loss of 55.40 confirms a fresh lower-low toward the 55.63 seven-month pivot
Fed speakers Schmid/Jefferson today could shift this read
16:47 UTC
Downtrend, bouncing off lows · RSI 43 · price 55.988
Lower highs, swept 7mo low then recovered.
Silver extended lower through the NY session, sweeping down to 55.40 — below the $55.63 seven-month low — before recovering to ~55.99 as oil-driven inflation fears kept sellers active. Price is capped under the 56.50 bounce high; RSI(14) lifting off oversold but structure remains lower highs.
Support: 55.63, 55.40
Resistance: 56.50, 56.81
What it said to watch
M15 close below 55.63 confirms a lower low, exposes 55.40 then 54.39
Reclaim of 56.50 needed to challenge the 56.81 swing high
UoM inflation expectations Fri 14:00 UTC is the key catalyst for this read
16:47 UTC
Downtrend, basing near lows · RSI 42 · price 55.988
Lower highs, lower lows; probing 7mo low.
Silver ground to a fresh low at 55.40 during NY hours before bouncing to ~55.99, holding just above the 55.63 seven-month low as oil-driven inflation fears keep sellers engaged. Bounces toward 56.50 have been rejected; RSI(14) mid-40s, no oversold extreme yet.
Support: 55.63, 55.40
Resistance: 56.50
What it said to watch
M15 close below 55.63/55.40 confirms lower low, opens 54.39
Close above 56.50 swing high negates the fresh downside push
UoM inflation expectations Fri 14:00 UTC is the key silver catalyst
Silver sold through the 56 handle during NY hours, printing a fresh session low at 55.796 as oil-driven inflation fears kept the hawkish-Fed premium alive. Chain of lower highs holds, RSI(14) near 40 with sellers capping every bounce toward 56.50; the $55.63 seven-month low is the next downside pivot.
Support: 55.63, 55.40
Resistance: 56.49
What it said to watch
Loss of 55.63 seven-month low exposes 55.40 session low then $54.39
M15 close back above 56.49 swing high breaks the lower-high chain
Fed speakers Logan/Schmid today could shift this read
Silver ground lower through NY hours toward the 55.63 seven-month low, sellers re-engaging bounces as oil-driven inflation fears keep a hawkish-Fed premium alive. Price is pinned below EMA20/EMA50 after rejecting the 56.50 swing high; RSI(14) near 38, weak but not yet washed out.
Support: 55.63
Resistance: 56.50
What it said to watch
Close below 55.63 confirms the lower-low and exposes 54.39
Reclaim of 56.50 would break the descending sequence
Fed speakers today and Fri UoM inflation expectations could shift this read
16:17 UTC
Downtrend, extending lower · RSI 41 · price 55.90
Lower highs, lower lows; bounce fading.
NY-session silver is rolling over again: the bounce off the 55.40 session low stalled at the 56.50 swing high and the last bars have fed back to 55.90, RSI(14) around 41. Descending-channel structure intact with the 55.63 seven-month low the next reference below; soft US CPI/PPI failed to lift the metal as oil-driven inflation fears keep sellers using bounces.
Support: 55.63, 55.40
Resistance: 56.50
What it said to watch
M15 close below 55.40 confirms a lower-low and exposes the 55.63 area toward 54.39
Reclaim of 56.50 needed to challenge the descending-channel top
Fed speakers Logan (16:30 UTC) / Schmid (17:25 UTC) could shift this read
16:17 UTC
Downtrend, near 7-month low · RSI 42 · price 55.90
Lower highs and lower lows.
NY session extended the sell-off, tagging a 55.40 session low on firm US retail sales/Philly Fed before a bounce to 56.50 faded. Price is grinding back toward the 55.63 seven-month low with RSI(14) mid-40s; sellers capping every push toward the descending channel top.
Support: 55.63, 55.40
Resistance: 56.50
What it said to watch
Break below 55.63 seven-month low opens the path to 54.39
Reclaim of 56.50 swing high would ease the downside pressure
Fed speakers Logan/Jefferson today could shift this read
16:03 UTC
Downtrend, bounce off lows · RSI 47 · price 56.252
Lower highs, basing above 55.40.
NY session sold silver into the 55.40 area, testing the 7-month low zone as oil-driven inflation fears kept a hawkish premium alive, before demand stepped in twice around 55.4-55.6 to form a base. Price bounced to 56.50 and is now easing back to 56.25, RSI(14) mid-range near 47.
Support: 55.40
Resistance: 56.50
What it said to watch
M15 close below 55.40 confirms a lower-low and opens 54.39
Reclaim of 56.50 bounce high needed to extend recovery
Sharp selloff into 55.40, recovery capped at 56.50.
XAG sold off through the NY session to a 55.40 low as oil-driven inflation fears revived a hawkish-Fed premium, then bounced to 56.50 where sellers rejected. Price now consolidating around 56.25, RSI(14) mid-range after the recovery.
Support: 55.63, 55.40
Resistance: 56.50, 57.00
What it said to watch
M15 close above 56.50 session high opens the path toward 57.00
Failure to hold 55.63 seven-month low exposes 54.39
Fed speakers (Logan 16:30 UTC) could inject two-way volatility
NY session drove silver to a 55.40 session low as Middle-East/oil headlines revived inflation fears, now recovering to 56.34 with RSI(14) back near midline from oversold. Buyers stepped in repeatedly around 55.60–55.70 during the leg lower; 56.50 caps the bounce so far.
Support: 55.40, 55.63, 54.39
Resistance: 56.50, 57.16
What it said to watch
M15 close above 56.50 opens the path to 57.16
Loss of 55.40 session low exposes 55.63 then 54.39
Fed speakers Logan/Schmid today could shift this read
15:47 UTC
Downtrend, bounce off lows · RSI 48 · price 56.337
Lower highs into 55.40 sweep, corrective bounce.
XAGUSD sold off through the London-NY session to a 55.40 low as oil-driven inflation fears kept sellers engaged, then bounced roughly a full point to 56.50. Now consolidating near 56.34 with RSI(14) recovered off oversold, price still capped below EMA20/50.
Support: 55.40, 54.39
Resistance: 56.50, 56.81
What it said to watch
Close below 55.40 session low exposes the 54.39 area
Reclaim of 56.81 swing high needed to break the lower-high structure
Fed speakers Logan/Jefferson today could shift this read
15:32 UTC
Downtrend, bounce off lows · RSI 47 · price 56.271
Lower highs, swept session low then recovered.
Silver extended its NY-session slide, sweeping 55.40 before buyers stepped in and lifted price back to 56.50, now easing to 56.27. Move fits the bearish channel read amid hawkish-Fed-on-oil pricing; RSI(14) recovering from oversold near 46.
Support: 55.40, 55.00
Resistance: 56.50, 56.80, 57.13
What it said to watch
M15 close above 56.50 opens 56.80 then 57.13
Loss of 55.40 session low exposes 55.00 psych
Fed speaker Logan (16:30 GMT) could shift the read
Lower highs and lower lows, bouncing off session low.
Silver extended a steep NY-session sell-off to a 55.40 session low before a relief bounce tagged 56.50 and faded back to 56.27, still capped under a descending resistance line. Soft US PPI failed to lift the metal as an oil-driven hawkish-Fed bid kept it offered; price trades below both EMAs with RSI recovering from oversold.
Support: 55.40
Resistance: 56.50
What it said to watch
M15 close above 56.50 breaks the near-term lower-high sequence
Loss of 55.40 opens the 55.00 area
Fed speaker Logan at 16:30 GMT could shift this read
15:17 UTC
Downtrend, bounce off lows · RSI 46 · price 56.023
Lower highs, lower lows; recovery from session low.
XAGUSD extended its NY-session slide, sweeping to 55.40 before buyers pushed it back to 56.29, now easing to 56.02. Soft US data hasn't lifted the metal — the hawkish-Fed-on-oil theme keeps silver offered under a chain of lower highs.
Support: 55.40, 55.00
Resistance: 56.29, 56.80
What it said to watch
Close below 55.40 confirms a fresh lower-low and opens 55.00
Reclaim of 56.29 needed to challenge the 56.80 prior high
Fed's Logan (16:30 GMT) could shift this read intrabar
15:17 UTC
Downtrend, bouncing off lows · RSI 42 · price 56.023
Lower highs and lower lows, descending channel.
Silver cascaded through the NY session, sweeping to 55.40 before a modest bounce back to 56.02; the descending channel stays intact and price holds below EMA20/50. RSI(14) has lifted off oversold near 42 as buyers stepped in twice around 55.40-55.70, but each rally has capped at lower highs.
Support: 55.63, 55.40
Resistance: 56.29, 56.75
What it said to watch
M15 close above 56.29 challenges the descending channel and opens 56.75
Break below 55.63/55.40 extends the downtrend toward 55.00
Fed speakers Logan (16:30 GMT) could shift the read
Lower highs, lower lows; relief bounce in progress.
Silver extended a second day of losses during NY, sweeping to a 55.40 session low before buyers pulled it back to 56.11 — the descending channel stays intact. RSI(14) recovering from oversold toward 45; the $55.63 seven-month low is the pivot into the drop.
Support: 55.63, 55.40
Resistance: 56.80
What it said to watch
Loss of 55.40 opens the 55.63 seven-month low and below
M15 close above 56.80 breaks the descending channel read
Fed speaker Logan (16:30 GMT) could shift the USD/silver tone
15:03 UTC
Downtrend, bounce off lows · RSI 45 · price 56.113
Lower highs and lower lows, testing recent low.
XAGUSD extended its slide through the NY session, sweeping to 55.40 before buyers stepped in and lifted price back to 56.11. The descending channel remains intact with price capped under the 56.29 swing high; hawkish-Fed-on-oil tone keeps the metal offered despite a softer USD.
Support: 55.40, 55.00
Resistance: 56.29, 56.81
What it said to watch
Reclaim of 56.81 would break the intraday sequence of lower highs
Loss of 55.40 opens the 55.00 psych level
Fed speakers Logan/Schmid/Jefferson later today could shift this read
XAGUSD extended a persistent M15 downtrend into a 55.40 session low before buyers stepped in during NY hours, lifting price back toward 56.00 and the 56.40 swing high. Soft US PPI failed to arrest the slide as the hawkish-Fed-on-oil narrative kept the metal offered; RSI(14) is recovering off oversold near 48.
Support: 56.00, 55.40, 55.00
Resistance: 56.40, 56.80
What it said to watch
Reclaim of 56.40 opens the 56.80 prior high
Loss of 55.40 session low exposes 55.00 psych
Fed's Logan (16:30 GMT) could shift the intraday read
Lower highs and lows; session low swept, retracing.
NY session extended a second-day selloff into the 55.40 session low before buyers stepped in, lifting XAG ~85 pips to 56.22 as the hawkish-Fed-on-oil narrative kept the metal offered despite soft US data. RSI(14) recovering off the lows near 43; price still capped under the 56.40 bounce high and remains below EMA20/50.
Support: 55.63, 55.40
Resistance: 56.40, 56.75
What it said to watch
Reclaim of 56.40 bounce high then 56.75 swing high needed to challenge the intraday downtrend
Failure to hold the 55.63 7-mo low opens 55.00
Michigan sentiment + inflation expectations Fri 14:00 GMT is the next catalyst
14:32 UTC
Downtrend, at session lows · RSI 38 · price 55.959
Lower highs, lower lows; descending.
NY session drove silver to a fresh session low at 55.40 before a bounce back to 56.34; price now hovering near 55.96 after strong US data (Philly Fed 41.4) reinforced hawkish-Fed repricing. Descending structure intact, RSI(14) around 38 with no oversold extreme.
Support: 55.40, 55.00
Resistance: 56.34, 56.80
What it said to watch
Close below 55.40 opens the path to 55.00 then 54.39
Reclaim of 56.34 needed to challenge the 56.80 swing high
Fed speakers Logan (16:30 UTC) and Schmid (17:25 UTC) could shift this read
XAG sold off through the NY session, sweeping the 55.40 session low as strong US data (Philly Fed 41.4 vs 13, in-line retail sales) reinforced hawkish-Fed pricing. Price has since bounced to 56.06 and closed 55.96, RSI(14) lifting off the lows near 39; the 55.63 seven-month low is the pivot buyers are defending.
Support: 55.63, 55.40
Resistance: 56.34
What it said to watch
M15 close below 55.40 confirms channel continuation toward 54.39
Reclaim of 56.34 would break the recent lower-high chain
Fed speakers Logan 16:30 / Schmid 17:25 UTC could shift this read
14:17 UTC
Downtrend, extended · RSI 32 · price 55.674
Lower highs, lower lows; fresh session low.
Silver sold off through NY hours to a fresh seven-month low near 55.40 as strong US data (Philly Fed 41.4 vs 13) reinforced hawkish-Fed pricing. Price now hovers at 55.67 with a small stabilisation off the low; RSI(14) around 32, sub-trend but not yet extreme.
Support: 55.63, 55.40
Resistance: 56.40
What it said to watch
Decisive close below 55.63/55.40 opens the path to 54.39
Reclaim of 56.40 would ease the immediate downside pressure
Fed speakers (Logan 16:30 UTC, Schmid 17:25) could shift this read within the next bars
XAG broke down hard through NY hours, sliding to 55.40 as strong US data (Philly Fed 41.4 vs 13) reinforced hawkish-Fed repricing. Price now grinding at the 55.63 seven-month low with RSI(14) near 32; each bounce has stalled below 55.92.
Support: 55.63, 55.40, 54.39
Resistance: 55.92
What it said to watch
Decisive M15 close below 55.40 confirms channel continuation toward 54.39
Reclaim of 55.92 would ease the breakdown read
Fed speakers (Logan 16:30, Schmid 17:25 UTC) could shift this read within the next bars
Silver sold off hard through the NY session, breaking to a 55.40 session low as strong US data (Philly Fed 41.4 vs 13) reinforced hawkish-Fed pricing. Bounces to 56.34 were rejected and RSI(14) near 34 shows momentum still to the downside; the descending channel remains intact.
Reclaim of 56.34 swing high would ease the downside pressure
Fed speakers (Logan 16:30, Schmid 17:25 UTC) could shift this read
14:03 UTC
Downtrend, accelerating · RSI 34 · price 55.832
Chain of lower highs and lower lows, fresh session low printed.
NY session drove a sharp leg down, breaking the 55.63 seven-month low as strong US data (Philly Fed 41.4 vs 13 f/c) reinforced hawkish-Fed repricing. Price is bouncing off 55.40 back toward 55.83, RSI(14) near 33 and hot on the downside but not yet extreme; sellers still capping at every lower high.
Support: 55.63, 55.40, 54.39
Resistance: 56.34
What it said to watch
M15 close back above 56.34 would break the lower-high sequence
Loss of 55.40 confirms channel continuation toward 54.39
Fed speakers Logan (16:30) / Schmid (17:25 UTC) could shift this read
13:47 UTC
Downtrend, accelerating · RSI 29 · price 55.777
Lower highs, lower lows; session support breaking.
NY session extended silver's second day of losses, cracking the 55.63 seven-month low area with a spike to a 55.40 session low as oil-led inflation fears kept sellers pressing. The 56.30 bounce was quickly rejected and RSI(14) sits deep near 29 — hot but normal in a one-way move.
Support: 55.63, 55.40, 55.00
Resistance: 56.30
What it said to watch
Reclaim of 56.30 needed to ease downside pressure
M15 close below 55.40 confirms lower-low, opens 55.00
Fri UoM inflation expectations (14:00 GMT) could shift the read
NY session drove silver to a fresh low at 55.40, breaking the seven-month 55.63 line, before a snap bounce to 56.34 was sold back to close 55.777. Structure stays a clean lower-high/lower-low chain with RSI mid-30s; sellers keep capping every recovery attempt near the descending channel.
Support: 55.63, 55.40, 54.39
Resistance: 56.34
What it said to watch
M15 close below 55.40 opens the path toward 54.39
Reclaim of 56.34 bounce high needed to ease downside pressure
Friday UoM inflation expectations could shift the Fed-hike/silver read
13:32 UTC
Downtrend, bouncing off lows · RSI 43 · price 56.339
Lower highs, fresh session low then recovery.
NY session drove a sharp leg down to a fresh session low at 55.40, silver again failing to reward the soft US PPI print as oil-led inflation keeps hawkish-Fed pricing alive. Price has since snapped back to 56.34, RSI(14) lifting off oversold, but action stays below EMA20/50 inside a descending structure.
Support: 55.40
Resistance: 56.80
What it said to watch
M15 close below 55.40 resumes the downtrend toward the channel base
Reclaim of 56.80 swing high challenges descending resistance
Fed speakers (Logan/Schmid) and Fri UoM inflation expectations could shift this read
Lower highs, lower lows into descending channel; swept 55.40 then recovered.
NY session extended the second-day selloff, sweeping down to 55.40 before a sharp snapback to 56.34, retracing about two-thirds of the last impulse leg. RSI recovered off oversold as sellers stalled; oil-led inflation and hawkish-Fed pricing kept silver failing soft-USD catalysts through the drop.
Support: 55.40, 55.63
Resistance: 56.75
What it said to watch
M15 close above 56.75 swing high challenges the descending channel top
Failure to hold 55.40 session low opens the 55.63 7mo low
UoM inflation expectations Fri 14:00 GMT could reshape the read
NY session extended the second day of silver losses, driving price to fresh lows with a wick to 55.40 that swept below the 55.63 seven-month low before closing back at 55.92. Selling has been persistent within the descending channel — oil-led inflation fears keeping hawkish-Fed pricing alive despite soft US data — with RSI(14) near 30.
Support: 55.63, 55.40
Resistance: 56.45
What it said to watch
M15 close below 55.40 confirms the break of the 55.63 seven-month low and opens downside toward 54.30
Reclaim of 56.45 prior swing needed to stall the downtrend
UoM inflation expectations (Fri) could reshape the inflation-premium read
Silver broke down through the 56.50 base into the NY session, printing a fresh session low at 55.40 before a shallow bounce to 55.92; oil-led inflation fears keep sellers pressing despite the soft USD. RSI(14) near 31 and stretched, but structure remains lower-high, lower-low with the 55.63 seven-month low now in play.
Support: 55.63, 55.40
Resistance: 56.50
What it said to watch
Break and hold below 55.63 seven-month low opens further downside
Reclaim of broken 56.50 support needed to ease the breakdown
Fri UoM inflation expectations could reprice the Fed-hike premium driving this move
13:04 UTC
Downtrend, accelerating · RSI 26 · price 55.749
Lower highs, lower lows into session low.
Silver sold off through the NY session, slicing the 56.00 psych level and printing a fresh session low at 55.709, just above the 55.63 seven-month low. Soft US PPI and a weaker USD failed to lift the metal, with the hawkish-Fed/oil inflation theme keeping sellers in control; RSI(14) at 26 is oversold but has not yet diverged.
Support: 55.63, 55.709, 54.39
Resistance: 56.00
What it said to watch
M15 close below 55.63 opens the path toward 54.39
Reclaim of 56.00 psych would ease the downside pressure
Fed speakers Logan (16:30) and Schmid (17:25) could shift this read
13:04 UTC
Downtrend, accelerating · RSI 26 · price 55.749
Chain of lower highs / lower lows, fresh session low.
Silver sold off hard through the NY session, printing a fresh low at 55.709 and closing at 55.749 just above the 55.63 seven-month low. RSI(14) is deep oversold near 26 as the move extends; in-line US retail sales and a soft USD failed to slow the decline.
Support: 55.63
Resistance: 56.22
What it said to watch
M15 close below 55.63 confirms the lower-low and opens the 54.39 zone
Reclaim of 56.22 prior low needed to ease downside pressure
Fed's Logan (16:30) and Schmid (17:25) speeches could shift the read
Silver extended its slide through NY hours, breaking the session floor to a fresh low at 55.998 before closing 56.099; the down leg accelerated despite in-line US retail sales, keeping the metal offered. RSI(14) near oversold but no reversal signal yet, price trading well below EMA20 and EMA50.
Support: 56.00, 55.63
Resistance: 56.75
What it said to watch
A break of the 55.63 7-mo low opens further downside
Reclaim above the 56.75 swing high needed to break the lower-high sequence
Fed speakers Logan (16:30) and Schmid (17:25) could shift this read
12:47 UTC
Downtrend, accelerating · RSI 28 · price 56.099
Lower highs, lower lows; fresh session low.
Silver sold off through the NY session, breaking the 56.55 shelf and printing a fresh low at 55.998 before a thin close at 56.099, with RSI(14) near 27. The slide extends the second-day decline off soft US data that failed to lift the metal as oil-led inflation risk keeps sellers in control; momentum is stretched but structure remains lower highs, lower lows.
Support: 56.00, 55.63
Resistance: 56.55
What it said to watch
Loss of 56.00 opens the 55.63 seven-month low
Reclaim above 56.55 would break the run of lower highs
Fed speakers (Logan, Schmid) later could shift this read
Silver extended its multi-day bleed through NY hours, printing a fresh session low at 56.222 around the US Retail Sales release before a small bounce to 56.564. RSI(14) near 31 flags short-term oversold, but the lower-high chain into 56.807 keeps the intraday structure heavy.
Support: 56.222, 56.00, 55.63
Resistance: 56.807
What it said to watch
M15 close below 56.222 exposes the 56.00 psych level then the 55.63 7-mo low
Reclaim of 56.807 needed to break the lower-high chain
US Retail Sales fallout and Fed speakers (Logan 16:30 UTC) could shift this read
12:32 UTC
Downtrend, extending · RSI 37 · price 56.564
Lower highs, lower lows into session lows.
Silver bled through the day on the hawkish-Fed/oil backdrop, sliding from an early 58.84 spike to fresh session lows at 56.22 as the 12:30 UTC US Retail Sales print hit. Price is pinned below EMA20/50 with sellers stepping back each bounce; the 56.00 support zone is the next area to watch.
Support: 56.222, 56.00, 55.63
Resistance: 56.807
What it said to watch
Loss of 56.00 support zone exposes the 55.63 7-month low
A reclaim of 56.807 prior high would break the lower-high chain
Retail Sales aftermath and Fed speakers (Logan 16:30 UTC) could shift this read
12:17 UTC
Downtrend, extending lows · RSI 41 · price 56.495
Lower highs, lower lows.
Silver bled through the London session toward 56.40, a 4th-day slide as oil-driven inflation fears keep the Fed hawkish and soft PPI/CPI failed to lift XAG. Price is stair-stepping lower under a descending resistance line; a shallow bounce to 56.80 was sold and the session low is being retested with RSI(14) near 40.
Support: 56.40, 56.00, 55.63
Resistance: 56.80
What it said to watch
US Retail Sales 12:30 UTC could materially shift this read
close below 56.40 opens the 56.00 support zone then 55.63
reclaim of 56.80 swing high needed to break the lower-high chain
Chain of lower highs and lower lows into session low.
NY session extending the multi-day silver bleed, printing lower lows to 56.40 with price pinned below EMA20/50. Softer US PPI failed to lift XAG as oil/geopolitics dominate; RSI(14) near 38, weak but not yet washed out.
Support: 56.40, 56.00
Resistance: 56.80
What it said to watch
M15 close below 56.40 opens the 56.00 support zone
Reclaim of 56.80 would break the lower-high sequence
US Retail Sales 12:30 GMT could materially shift this read
12:03 UTC
Downtrend, extending lows · RSI 41 · price 56.677
Lower highs, lower lows into $56.40.
Silver bled a fourth session lower into $56.40 on the hawkish-Fed/oil narrative, price pinned below EMA20/50 with a chain of lower highs. A shallow bounce off the 56.40 session low into current 56.68 hasn't broken structure; RSI(14) near 41, no oversold extreme.
Support: 56.397, 56.00
Resistance: 57.04
What it said to watch
US Retail Sales at 12:30 UTC could materially shift this read
Loss of 56.40 confirms a lower-low and exposes the 56.00 support zone
M15 close above 57.04 breaks the lower-high sequence
12:03 UTC
Downtrend, extending · RSI 39 · price 56.677
Lower highs, lower lows into session low.
XAGUSD grinding lower through NY hours, printing a fresh session low at 56.397 before a shallow bounce to 56.68 — part of a 4-day bleed as oil-driven inflation keeps the Fed hawkish despite soft PPI. Descending lower highs remain intact, RSI(14) subdued near 39 with no divergence yet.
Support: 56.397, 56.00, 55.63
Resistance: 56.90
What it said to watch
US Retail Sales at 12:30 GMT could materially shift this read
Loss of 56.397 opens the 56.00 psych and 55.63 support zone
Reclaim above 56.90 swing high breaks the lower-high sequence
11:47 UTC
Downtrend, extended into support · RSI 40 · price 56.643
Lower highs, lower lows intact.
Silver bled through the London session in a clean chain of lower highs and lower lows, sliding to a session low of 56.397 as the hawkish-Fed/oil narrative keeps pressure on XAG. A shallow bounce to 56.643 is unwinding RSI(14) off the low but price remains capped under the descending swing-high line at 56.691.
Support: 56.397, 56.00
Resistance: 56.691
What it said to watch
US Retail Sales at 12:30 GMT could materially shift this read within the next bars
M15 close below 56.397 extends the lower-low sequence toward the 56.00 support zone
Reclaim of 56.691 would break the descending swing-high line and stall the downtrend
Silver extended its multi-day bleed through the London-NY session, printing a fresh session low at 56.397 before a shallow bounce to 56.64; softer CPI/PPI failed to lift XAG as oil-driven inflation fears keep the tape heavy. RSI(14) near 38 — pressured but not yet oversold — with price capped under a descending line of lower highs.
Support: 56.397, 56.00, 55.63
Resistance: 56.85
What it said to watch
US Retail Sales at 12:30 GMT could materially shift this read
Loss of 56.397 opens the 56.00 support zone then 55.63
M15 close back above 56.850 swing high breaks the lower-high sequence
XAGUSD extended its multi-day bleed through NY hours, printing a fresh session low at 56.397 with RSI(14) hugging oversold near 31. No demand response yet; the 56.00 psych level sits just below as the next reference.
Support: 56.397, 56.00, 55.63
Resistance: 56.95
What it said to watch
US Retail Sales at 12:30 GMT could materially shift this read
A close back above 56.95 breaks the lower-high chain
XAGUSD grinding lower through the NY session, printing a fresh session low at 56.397 as the 4-day bleed extends; price sits below EMA20/50 with RSI(14) near 33, weak but not yet stretched. Softer US PPI failed to lift silver — oil-inflation and hawkish-Fed positioning keep the tape heavy into the $56.00 support zone.
Support: 56.397, 56.00, 55.63
Resistance: 56.62
What it said to watch
US Retail Sales at 12:30 GMT (~1h) — a beat could accelerate the move toward the 56.00 supp zone and 55.63 7mo low
Loss of 56.397 session low confirms continuation lower
A close back above 56.62 breaks the descending sequence of lower highs
XAG grinding lower through NY hours, printing a fresh session low at 56.40 before closing 56.515 — a 4th-day bleed as oil-driven inflation fears keep USD supported despite soft PPI. RSI(14) near 33, not yet oversold, price pinned below EMA20/50 with lower highs capping at 57.04.
Support: 56.40, 56.00, 55.63
Resistance: 57.04
What it said to watch
US Retail Sales at 12:30 GMT could materially shift this read
Loss of 56.40 opens the 56.00 psych and 55.63 range low
M15 close back above 57.04 breaks the lower-high sequence
11:17 UTC
Downtrend, extending · RSI 33 · price 56.515
Consistent lower highs and lower lows.
Silver bled through the London-NY session to a fresh session low at 56.397, the extension of a 4-day slide as a hawkish-Fed/oil backdrop caps rebounds. Price sits pinned at 56.515 below EMA20/50 with RSI(14) near 33, momentum firmly down but not yet extreme.
Support: 56.397, 56.00
Resistance: 57.06
What it said to watch
US Retail Sales at 12:30 GMT could materially shift this read
Loss of 56.397 opens the 55.50-56.00 support zone
M15 close back above 57.06 breaks the lower-high sequence
Chain of lower highs and lower lows, printing fresh window low.
XAGUSD grinding to a fresh window low at 56.474, extending the multi-day bleed as oil-led inflation risk offsets soft US PPI/CPI. Structure is a clean sequence of lower highs and lower lows with RSI(14) near 31; no bounce base yet formed heading into NY hours.
Support: 56.474, 56.00
Resistance: 57.05
What it said to watch
US Retail Sales 12:30 UTC (~1.5h out) could materially shift this read
Break and hold below 56.00 opens the 55.63 area
Reclaim of 57.05 needed to break the lower-high sequence
11:03 UTC
Downtrend, extending lows · RSI 31 · price 56.474
Chain of lower highs and lower lows.
Silver ground to a fresh session low at 56.474, printing a fifth straight lower low as the hawkish-Fed/oil narrative keeps rebounds capped despite soft US PPI. RSI(14) near 31 — pressured but not yet washed out; every bounce toward 57.00 has been sold.
Support: 56.474, 56.00, 55.63
Resistance: 57.00
What it said to watch
US Retail Sales at 12:30 UTC could materially shift this read
Break below the 56.00 support zone exposes the 55.63 7-mo low
Reclaim of 57.00 round needed to break the lower-high chain
Lower highs and lower lows, retesting session low.
Silver grinding lower through the session, back down to retest the 56.557 swing low after a weak bounce stalled at 57.06. Downtrend intact with price below EMA20/50, RSI(14) near 38 — soft but not yet oversold, in line with the ongoing multi-day bleed toward the 55.50-56.00 zone.
Support: 56.557, 56.00
Resistance: 57.06
What it said to watch
Break below 56.557 opens the path to the 56.00 round number
M15 close back above 57.06 would break the lower-high sequence
US Retail Sales at 12:30 UTC could materially shift this read
XAGUSD grinding lower through the NY session, printing fresh session lows near 56.557 as the 4-day silver bleed extends. Price hugs the lows at 56.618 with RSI(14) mid-30s but not yet oversold; sequence of lower highs into 56.95 remains intact.
Support: 56.557, 56.00
Resistance: 56.945
What it said to watch
US Retail Sales at 12:30 UTC could materially shift this read
M15 close below 56.557 opens the path toward 56.00
Reclaim of 56.945 needed to break the lower-high chain
Silver extended its multi-day bleed through the London session, sliding from ~58.4 to a 56.557 double bottom before a shallow bounce; RSI near 41 off oversold. Rallies keep getting sold under 57.15, and soft PPI/CPI failed to lift XAG. Price sits at 56.75, still above the 56.557 low.
Support: 56.557, 56.20
Resistance: 57.15
What it said to watch
US Retail Sales at 12:30 UTC could materially shift this read
Loss of 56.557 confirms a fresh lower-low and opens the 56.20 support zone
M15 close back above 57.15 breaks the lower-high sequence
10:32 UTC
Downtrend, extended · RSI 40 · price 56.753
Lower highs into session low.
XAGUSD in a 4th-day bleed, grinding lower highs down to a session low of 56.557 despite soft US PPI failing to lift silver. Price sits at 56.753, below EMA20/50 with RSI(14) near 40 — pressured but not yet oversold.
Support: 56.557, 56.00
Resistance: 57.145
What it said to watch
US Retail Sales 12:30 GMT is the next test — a beat could accelerate the move into the 56.00 zone
Loss of 56.557 confirms continuation toward 56.00
M15 close back above 57.145 breaks the lower-high sequence
Silver extended its multi-day bleed through the session, printing a low at 56.557 before chopping in a 56.55–57.11 band; the latest bar back at 56.77 keeps the lower-high chain intact under soft-USD conditions after this week's cooler inflation prints. RSI(14) near 39 reflects sustained pressure without a reversal signal.
Silver extended its multi-day bleed through the London session, sliding from 57.44 toward 56.75 as a soft US PPI print failed to spark a rebound. Price is coiling in a 56.55-57.10 band under falling M15 highs, RSI(14) mid-40s with no extreme; the 56.557 swing low is the pivot on the downside.
Support: 56.557, 56.00
Resistance: 57.11, 57.445
What it said to watch
M15 close below 56.557 confirms a lower-low and opens the 56.00 area
Reclaim of 57.11 recent high would break the descending sequence
US Retail Sales at 12:30 GMT could materially shift this read
10:03 UTC
Downtrend, consolidating near lows · RSI 46 · price 56.924
Lower highs, holding 56.55 base.
XAGUSD extended its multi-day bleed toward the 56.55 swing low before stabilising; twin lows at 56.557/56.558 mark a double bottom, with price now chopping between 56.55 and 57.15. Softer US PPI failed to lift silver as oil-driven inflation fears dominate; RSI hovering near 46, no directional momentum on this TF.
Support: 56.557
Resistance: 57.145
What it said to watch
US Retail Sales at 12:30 GMT (~2.5h) could break this consolidation
Close below 56.557 confirms a lower-low and reopens downside
Close above 57.145 range top challenges the descending lower-high line
10:03 UTC
Downtrend, consolidating near lows · RSI 45 · price 56.924
Lower highs into a 56.55–57.10 base.
Silver extended its multi-day bleed to a session low of 56.55 before stabilising into a 56.55–57.10 range, price below both EMA20 and EMA50. USD softness after the PPI miss hasn't lifted XAG, with oil/geopolitics keeping a lid on rebounds.
Support: 55.63
Resistance: 57.107
What it said to watch
M15 close below 56.55 opens the 55.63 low
Reclaim of 57.10 pivot would break the recent lower-high chain
US Retail Sales at 12:30 GMT could materially shift this read
Lower highs, lower lows; minor bounce off session low.
XAGUSD extended its multi-day bleed through the NY session, sliding from 57.44 to a 56.557 low before buyers stepped in twice around 56.56 to form a shallow double bottom. Price now sits at 56.888 below EMA20/50 with RSI(14) recovering off the lows; softer US CPI/PPI has failed to arrest the down-leg as oil-inflation risk dominates.
Support: 56.557, 56.00
Resistance: 57.31, 57.445
What it said to watch
US Retail Sales at 12:30 GMT (~2.5h) could materially shift this read
M15 close below 56.557 confirms a fresh lower-low toward the 56.00 psych zone
Reclaim of 57.31 would break the sequence of lower highs
Silver extended its multi-day bleed, sliding from 58.84 toward the 56.55 swing low as a hawkish-Fed/oil-inflation regime kept a lid on rebounds despite soft PPI. Price is now consolidating 56.55–57.13 in the London session, below EMA20/50, with RSI(14) mid-range at 43.
Support: 56.557, 56.00
Resistance: 57.13
What it said to watch
US Retail Sales 12:30 GMT (~3h out) could materially shift this read
Close below 56.557 confirms a fresh lower-low, exposing 56.00
Reclaim of 57.13 would neutralise the near-term downside structure
09:32 UTC
Downtrend, bounce off lows · RSI 46 · price 57.022
Double bottom after lower highs.
M15 in downtrend, bleeding from the 58.4 area through London to a 56.56 double bottom where buyers stepped in twice. Bounce has stalled near 57.05 with EMA50 capping around 57.3; soft CPI/PPI failed to lift silver as the descending structure holds. US Retail Sales at 12:30 GMT is the next catalyst.
Support: 56.56
Resistance: 57.31
What it said to watch
M15 close below 56.56 confirms a lower low, opens the 56.00 zone
Close above 57.31 breaks the descending cap and the swing high
US Retail Sales at 12:30 GMT could materially shift this read
09:32 UTC
Downtrend, bounce off lows · RSI 49 · price 57.022
Lower highs into 56.56 base, recovering.
XAGUSD slid a second day to a 56.56 session low before buyers stepped in twice, lifting price back to 57.02 and just above EMA20 but still under EMA50. Recovery is capped near the 57.11 recent high; the day's structure remains a chain of lower highs.
Support: 56.557
Resistance: 57.107, 57.276
What it said to watch
US Retail Sales at 12:30 GMT (~3h out) could materially shift this read
Close above 57.28 breaks the descending lower-high sequence
Loss of 56.56 session low confirms downtrend continuation
Silver bled from 58.40 toward the 56.55 area through the session before buyers stepped in twice, lifting it back to 57.05 as soft US CPI/PPI failed to reward the metal against firm Fed-hike odds. Bounce is corrective within a clear M15 downtrend; RSI(14) recovering off mid-40s.
Support: 56.55
Resistance: 57.31
What it said to watch
Reclaim of 57.31 swing high needed to extend the bounce
Loss of the 56.55 double bottom confirms a fresh lower low
US Retail Sales 12:30 UTC could materially shift this read
Silver ground out a second-day slide from 58.84 toward 56.56, unable to capitalize on soft USD as hawkish Fed bets and firm oil weighed. A double bottom at 56.56 sparked a bounce back to 57.05, but price holds below EMA20/50 and the 57.31–57.45 supply that has capped every attempt.
Support: 56.56, 55.63
Resistance: 57.31, 57.45
What it said to watch
M15 close below 56.55 confirms a lower low and exposes 55.63
Reclaim of 57.45 session high needed to break the lower-high chain
US Retail Sales at 12:30 GMT (~3h out) could materially shift this read
09:04 UTC
Downtrend, bouncing off lows · RSI 48 · price 57.09
Lower highs, lower lows in descending channel.
Silver ground lower through London, sweeping the 56.557 session low before buyers stepped in, lifting price back to 57.09. Descending channel intact with rallies capped below the 57.31/57.45 swing highs. US Retail Sales at 12:30 UTC is the near-term risk to this read.
Support: 56.557
Resistance: 57.31, 57.445
What it said to watch
US Retail Sales at 12:30 UTC could materially shift this read
Break below 56.557 session low exposes the 55.63 shelf
M15 close above 57.445 challenges the descending channel
09:04 UTC
Downtrend, bouncing off lows · RSI 53 · price 57.09
Lower highs/lower lows in descending channel.
Silver carved a double bottom at 56.56 and bounced to 57.09, but price remains inside a descending channel with the sequence of lower highs intact. RSI(14) has recovered off oversold to the mid-50s as the late-Asia/pre-London grind stabilises.
Support: 56.56
Resistance: 57.45
What it said to watch
US Retail Sales 12:30 UTC (~3h) could materially shift this read
M15 close above 57.45 breaks the channel resistance and the lower-high chain
Failure to hold 56.56 confirms a fresh lower-low, exposing 55.63
Lower highs, lower lows within descending channel.
XAGUSD extended its second-day slide to a session low at 56.557 before a modest bounce back to 56.91, holding below EMA20 and EMA50 inside a descending channel. Sellers keep capping rallies near 57.15 and the softer USD from the PPI miss has failed to lift silver as Iran/oil headlines sustain the hawkish-Fed read.
Support: 56.557
Resistance: 57.145
What it said to watch
US Retail Sales at 12:30 UTC could materially shift this read
Break below 56.557 exposes the lower channel and the $55.63 shelf
M15 close above 57.145 challenges the descending channel top
Silver ground to a fresh session low at 56.557 during London hours before buyers stepped in twice, lifting price back to 56.91. Structure stays a descending channel of lower highs with RSI(14) mid-range near 44; the 57.00 round number caps the recovery.
Support: 56.557
Resistance: 57.00, 57.185
What it said to watch
M15 close below 56.557 confirms a lower-low and exposes the 55.63 shelf
Reclaim of 57.185 would break the run of lower highs
US Retail Sales at 12:30 UTC could materially shift this read
08:32 UTC
Downtrend, momentum easing · RSI 44 · price 56.84
Lower highs, double low at session base.
Silver ground lower through the London-NY handover to a 56.56 double low, extending the descending channel as the higher-oil/hawkish-Fed narrative overrode a softer USD. Buyers stepped in twice at 56.55-56.56 and price bounced to 56.84 with RSI(14) recovering from mid-40s; resistance sits at 57.18.
Support: 56.56, 55.63
Resistance: 57.18
What it said to watch
M15 close below 56.56 confirms a lower low, exposing the 55.63 area
Close above 57.18 breaks the descending structure
US Retail Sales at 12:30 UTC could materially shift this read
Silver extended its slide through the London session to a fresh session low at 56.56 before a shallow bounce to 56.84, holding below EMA20/50 within a descending channel. Price remains offered as the hawkish-Fed/higher-oil narrative overrides soft US inflation prints; RSI(14) near 41, no oversold extreme yet.
Support: 56.56, 56.00
Resistance: 57.13, 57.45
What it said to watch
Break below 56.56 opens the path toward the 56.00 psych level and the $55.63 shelf
Reclaim of 57.13 needed to challenge the 57.45 prior high and channel top
US Retail Sales at 12:30 GMT could materially shift this read
Silver ground lower through the European morning inside a descending channel, printing a fresh session low at 56.557 before the current bar stabilised near 56.60. RSI(14) at 36 is soft but not oversold, and price sits well below EMA20/50 as the hawkish-Fed/higher-oil narrative keeps rallies capped below 57.45.
Support: 56.557, 56.00
Resistance: 57.31, 57.445
What it said to watch
US Retail Sales at 12:30 UTC could materially shift this read
Break of 56.557 session low opens the 56.00 round number
M15 close back above 57.310 swing high would ease the downside pressure
London session extended the second-day slide, printing a fresh session low at 56.557 before stabilising near 56.60 inside the descending channel. Price holds below EMA20/50 with RSI(14) around 38 — heavy but not oversold; the soft US PPI failed to lift silver as the higher-oil/hawkish-Fed narrative keeps rallies capped.
Support: 56.557, 56.00
Resistance: 57.00
What it said to watch
M15 close below 56.557 opens the path to 56.00
Reclaim of 57.000 would challenge the channel top
US Retail Sales 12:30 GMT could materially shift this read
Lower highs, lower lows within descending channel.
Silver extended its second-day slide to a 56.688 session low before a shallow bounce to 56.857, holding a clean descending channel with price pinned below EMA20 and EMA50. RSI(14) near 40 — soft but not oversold — as the softer USD from this week's PPI miss fails to lift metal amid the hawkish-Fed/higher-oil narrative.
Support: 56.688, 56.608, 55.63
Resistance: 57.185
What it said to watch
M15 close above 57.185 breaks the sequence of lower highs
Failure to hold 56.688 exposes the 56.608 prior low then the 55.63 shelf
US Retail Sales at 12:30 UTC could materially shift this read
Silver grinding lower through the London session, extending a second-day slide to a session low of 56.688 before a shallow bounce to 56.857. Price holds below EMA20/50 within a descending channel, RSI(14) near 38 — soft but not oversold; hawkish-Fed/higher-oil narrative keeps rallies capped.
Support: 56.688, 56.60, 55.63
Resistance: 57.31
What it said to watch
US Retail Sales at 12:30 UTC could materially shift this read
Break below 56.688 session low exposes 56.60 then the 55.63 shelf
M15 close above 57.31 swing high breaks the descending channel structure
07:47 UTC
Downtrend, grinding lower · RSI 41 · price 56.849
Lower highs, lower lows within descending channel.
Silver extended its second-day slide into early London, printing a fresh session low at 56.688 before a shallow bounce to 56.849, still capped below EMA20/50. Soft CPI/PPI failed to lift price as the hawkish-Fed/higher-oil narrative keeps rallies rejected under 57.445; RSI(14) near 40, room before oversold.
Support: 56.688, 56.608
Resistance: 57.445
What it said to watch
Break of 56.688 exposes the 56.60 prior low then the 55.63 support shelf
Reclaim of 57.445 swing high needed to break the lower-high sequence
US Retail Sales 12:30 UTC could materially shift this read
07:47 UTC
Downtrend, grinding lower · RSI 41 · price 56.849
Lower highs, lower lows within descending channel.
Silver extended its second-day slide through the London session, printing a fresh low at 56.688 before a shallow bounce to 56.849. Price holds below EMA20/50 within a descending channel, RSI(14) near 40 with no oversold extreme yet; soft PPI failed to lift the metal as the hawkish-Fed/higher-oil narrative keeps rallies capped.
Support: 56.688, 56.00
Resistance: 57.006, 57.445
What it said to watch
US Retail Sales at 12:30 UTC could materially shift this read
Break below 56.688 opens the path toward the 56.00 psych level
Reclaim of 57.006 needed to challenge the descending channel top at 57.445
Silver ground lower through the London session, fading from the 57.445 swing high to a fresh session low at 56.688, now 56.772. Move fits the broader descending-channel read — soft US PPI failed to lift XAG as hawkish-Fed and oil-driven inflation fears kept sellers in control.
Support: 56.688, 56.608
Resistance: 57.185, 57.445
What it said to watch
M15 close below 56.688 then 56.608 extends the lower-low sequence
Reclaim of 57.185 needed to ease the downside pressure
US Retail Sales at 12:30 UTC could materially shift this read
Lower highs, lower lows within descending channel.
Silver ground lower through the NY session, breaking the 56.98 shelf to print a fresh session low at 56.688, RSI(14) near 34 but not yet oversold. Rejections at the 57.31–57.45 swing kept the descending channel intact after XAG faded from the $59 cap on hawkish-Fed pressure.
Support: 56.688, 56.00
Resistance: 57.31, 57.445
What it said to watch
M15 close back above 57.31 swing high would break the lower-high chain
Loss of 56.688 session low opens the $56.00 support zone
US Retail Sales 12:30 UTC could materially shift this read
07:17 UTC
Downtrend, drifting to lows · RSI 43 · price 56.976
Lower highs, retesting session lows.
XAG faded from the earlier $59 rejection and is grinding along session lows near 56.98 within a descending channel, price below EMA20/50 with RSI(14) in the low-40s. Lower highs at 57.31 and 57.45 have capped each bounce; the 56.83–56.61 shelf is the only thing holding.
Support: 56.826, 56.608
Resistance: 57.309, 57.445
What it said to watch
M15 close below 56.826 exposes the 56.608 session low
Reclaim of 57.445 would break the lower-high sequence
US Retail Sales 12:30 UTC (~5h) could materially shift this read
07:17 UTC
Downtrend, bounce faded · RSI 42 · price 56.976
Lower highs, back at range low.
Silver faded the London bounce off 56.83, rejecting into 57.44 and slipping back toward the session low near 56.97, keeping the descending structure intact below the $59 cap. Softer US PPI failed to lift XAG as hawkish-Fed/oil-inflation pressure holds sellers in control.
Support: 56.826, 56.608
Resistance: 57.445
What it said to watch
M15 close below 56.61 session low confirms a fresh lower-low
Reclaim of 57.44 session high needed to threaten the downtrend
US Retail Sales at 12:30 UTC could materially shift this read
07:03 UTC
Downtrend, now ranging · RSI 49 · price 57.145
Choppy range after sharp selloff.
Silver is chopping between 56.85 and 57.45 during London hours after the sharp fade from the 58.8 top, with RSI(14) parked near 50. The bounce off 56.6 stalled and price has drifted back to the range middle, holding below the descending channel top.
Support: 56.826, 56.608
Resistance: 57.445, 58.388
What it said to watch
M15 close above 57.445 opens the path back toward the bounce high at 58.388
Failure to hold 56.826 exposes the 56.608 swing low
US Retail Sales at 12:30 UTC could break this range
07:03 UTC
Downtrend, now consolidating near lows · RSI 47 · price 57.145
Choppy range after fade from 58.84 peak.
Silver faded hard from the 58.84 peak to 56.61 and is now churning in a 56.83–57.45 range through the London session, price hugging EMA20 with RSI(14) neutral near 47. The move sits inside a broader descending structure, sellers capping rebounds below 57.45.
Support: 56.826, 56.608
Resistance: 57.445, 57.733
What it said to watch
M15 close above 57.445 opens the path toward 57.73 prior high
Loss of 56.826 session low exposes the 56.608 swing low
US Retail Sales at 12:30 GMT could materially shift this read
Silver faded from the 59.00 rejection into a descending channel, now churning between 56.83 and 57.45 through the London session with price under both EMAs. Buyers held the 56.83 session low twice while supply capped attempts near 57.28; RSI(14) mid-40s, no clear intraday impulse.
Support: 56.826, 56.608
Resistance: 57.276, 57.445
What it said to watch
M15 close above 57.45 breaks the intraday range and reopens 58.00
Failure to hold 56.83 exposes the 56.61 swing low
US Retail Sales at 12:30 UTC (~6h) could materially shift this read
06:47 UTC
Downtrend, ranging near lows · RSI 44 · price 57.034
Lower highs within descending channel.
Silver grinding within a descending channel, back at ~57.03 after a rejection at the 57.445 session high. Price is churning between 56.83 and 57.45; RSI mid-40s, price below EMA20 and EMA50. Softer US PPI capped the Dollar but hasn't lifted XAG out of the channel.
Support: 56.826, 56.608
Resistance: 57.445
What it said to watch
Close below 56.608 swing low extends the downtrend
Reclaim above 57.445 session high challenges the channel top
US Retail Sales at 12:30 UTC could materially shift this read
06:32 UTC
Downtrend, consolidating off lows · RSI 49 · price 57.144
Lower highs, ranging 56.85–57.45.
Silver faded from the $59 rejection through the session and has since chopped in a 56.85–57.45 band after basing near the 56.61 low. Last push to the 57.445 session high stalled around the 38.2% retrace of the 58.39→56.86 drop, RSI(14) flat near 49 — no clear intraday direction.
Support: 56.86, 56.61
Resistance: 57.445, 57.63
What it said to watch
M15 close above 57.445 opens the path to 57.63
Failure to hold 56.86 exposes the 56.61 session low
US Retail Sales 12:30 UTC (~6h out) could break the range
06:32 UTC
Downtrend, now ranging · RSI 49 · price 57.144
Range within a broader descending channel.
Silver faded from the $59 rejection and now churns between 56.86 and 57.45 through the Asian session, RSI(14) flat near 48. Price sits mid-range just above EMA20 but under EMA50, holding the lower third of the earlier down leg.
Support: 56.86, 56.61
Resistance: 57.45, 57.65
What it said to watch
M15 close above 57.45 opens the path to 57.65
Failure to hold 56.86 exposes the 56.61 day low
US Retail Sales at 12:30 UTC could materially shift this read
Silver recovered off the 56.61 window low during US hours and is stalling at the 61.8% retrace near 57.30, right where price now sits. Recent bars are ranging 57.00-57.45 with a probe to a fresh session high at 57.45 the last visible push.
Support: 57.00, 56.85, 56.61
Resistance: 57.45, 57.73
What it said to watch
M15 close above 57.45 session high opens the path to 57.73
Failure to hold 57.00 round exposes the 56.85 session low
US Retail Sales at 12:30 UTC could materially shift this read
Silver based twice near 56.61–56.86 during the US-hours washout and has ground back to 57.30 into the London session, holding above EMA20 but still below EMA50. Recent bars carve higher lows; 57.45 session high caps for now, RSI mid-range with no extreme.
Support: 57.02, 56.86, 56.61
Resistance: 57.45, 57.66
What it said to watch
M15 close above 57.45 opens the path to 57.66
Failure to hold 57.02 re-exposes the 56.61 swing low
US Retail Sales at 12:30 UTC (~6h) could shift this read
06:03 UTC
Downtrend, stabilising near lows · RSI 53 · price 57.235
Consolidation above session low after selloff.
Silver sold off through the London-NY window from 58.8 to a 56.86 session low, then chopped sideways into 57.0-57.27; the fade tracks the $59 rejection with hawkish-Fed/oil narrative capping bounces. RSI(14) back to neutral near 53 as price holds just under the session high.
Support: 57.00, 56.86, 56.60
Resistance: 57.27, 57.63
What it said to watch
US Retail Sales at 12:30 UTC could materially shift this read
Close above 57.27 then 57.63 breaks the descending channel top
Failure to hold 56.86 exposes the 56.60 swing low
06:03 UTC
Downtrend, basing near lows · RSI 54 · price 57.235
Lower highs, holding 56.85 base.
Silver sold off from 58.84 to a 56.61 session low as the softer US PPI failed to lift it, then based around 56.85 and ground back to 57.24 into the Asia-London transition. Price sits above EMA20 but capped under EMA50 and the descending channel, RSI(14) recovering to mid-range.
Support: 56.85, 56.61
Resistance: 57.55
What it said to watch
M15 close above 57.55 challenges the channel top read
Failure to hold 56.85 exposes the 56.61 session low
US Retail Sales at 12:30 GMT could materially shift this read
05:47 UTC
Downtrend stalling into range · RSI 47 · price 57.219
Consolidation above 56.85 floor after lower highs.
Silver bled lower through the Asian session to 56.85 — a driver already flagged in the descending-channel read — then held that floor twice and is now consolidating 56.85–57.27 into the London open. Current bounce to 57.22 sits at the range top with RSI(14) mid-40s, still below the 57.55 pivot.
Support: 56.85, 56.60
Resistance: 57.27, 57.55
What it said to watch
M15 close above 57.27 range top opens the path to 57.55 prior pivot
Failure to hold 56.85 range low exposes 56.60 swing low
US Retail Sales at 12:30 UTC could materially shift this read
05:47 UTC
Downtrend, bouncing off lows · RSI 49 · price 57.219
Lower highs, holding above session low.
Silver faded from the $59 rejection and sold through 57.55 into a 56.85 session low, then recovered to retest the 57.28 session high on the current bar. Softer US inflation offered little relief with the broader channel still bearish; price is chopping in a tight 56.85-57.28 range near lows.
Support: 56.85, 56.61
Resistance: 57.28, 57.55
What it said to watch
Reclaim of 57.55 would break the run of lower highs
Loss of 56.85 session low reopens the 56.61 low
US Retail Sales at 12:30 UTC could shift this read
05:32 UTC
Downtrend, consolidating near lows · RSI 42 · price 56.987
Faded off $59 rejection, ranging above session low.
XAGUSD faded from the $59 rejection and sold to a 56.61 session low before churning in a 56.85–57.23 range through Asia. Price is pressing the range floor again at 56.99, below both EMAs, with soft US PPI failing to lift silver as hawkish-Fed/oil narratives cap rebounds.
Support: 56.85, 56.61
Resistance: 57.23
What it said to watch
M15 close below 56.85 opens a retest of the 56.61 session low
Reclaim of 57.23 range top needed to ease downside pressure
US Retail Sales at 12:30 UTC could break this range
05:32 UTC
Downtrend, grinding lower off recovery high · RSI 43 · price 56.987
Lower highs, tight range near session low.
Silver faded the recovery to 58.23 back below the 9-day EMA and has spent the Asian session grinding in a 56.9–57.2 band, now pressing the session low at 56.925. Lower highs intact; PPI-driven Dollar softness has not lifted XAG, which stays capped under descending resistance.
Support: 56.925, 56.608
Resistance: 57.226
What it said to watch
Break below 56.925 exposes the 56.608 swing low
Close above 57.226 invalidates the lower-high sequence
US Retail Sales at 12:30 UTC could materially shift this read
05:17 UTC
Downtrend, base-building near lows · RSI 47 · price 57.125
Consolidation after impulsive selloff.
Silver sold off through the prior session to 56.61 then stabilised, now coiling 56.85–57.23 with RSI in the mid-40s — no extreme. Bounce from the lows is shallow and the down-leg structure remains intact; US Retail Sales at 12:30 UTC is the swing factor.
Support: 56.85, 56.61
Resistance: 57.23
What it said to watch
M15 close below 56.85 reopens the 56.61 swing low
close above 57.23 range top breaks the consolidation
US Retail Sales at 12:30 UTC could materially shift this read
Silver sold off ~1.9% into the $56.86 session low during the prior session and is now consolidating between 56.86 and 57.24, RSI(14) recovered to mid-40s. Repeated dips into the mid-56.90s have held, but lower highs cap the bounce with hawkish-Fed pressure keeping the drift heavy.
Support: 56.86, 56.61
Resistance: 57.24
What it said to watch
Break below 56.86 session low reopens the 56.61 swing low
M15 close above 57.24 swing high challenges the lower-high sequence
US Retail Sales 12:30 UTC could materially shift this read
Silver leaked ~1.9% through the London-NY selloff and is now grinding sideways between 56.84 and 57.23 in the Asia session, capped by a chain of lower highs. Price sits just under EMA20 with RSI(14) mid-40s — bearish drift intact but no fresh impulse.
Support: 56.84, 56.61
Resistance: 57.23, 57.58
What it said to watch
M15 close below 56.84 opens the 56.61 swing low
Close above 57.23 range top challenges 57.58 prior high
US Retail Sales at 12:30 UTC could break this range
XAGUSD is consolidating 56.86–57.23 during the Asia/early-London window after a steep US-session sell-off that dumped silver from 58.83 to 56.61 on the persistent hawkish-Fed regime. RSI(14) has recovered to the mid-40s as the slide stalls, but price remains pinned under EMA20 and EMA50; range top at 57.23 has capped every push.
Support: 56.86, 56.61
Resistance: 57.23, 57.55
What it said to watch
US Retail Sales at 12:30 UTC is the session's key risk and could break this consolidation
Silver bled through the London-NY session, printing a 56.608 session low before a shallow bounce that stalled at the 57.226 swing high; the digest ties the weakness to a hawkish-Fed regime overriding a softer USD. Asia is now drifting quietly between 56.86 and 57.23 with RSI(14) subdued near 41, no reversal signal in play.
Support: 56.859, 56.608
Resistance: 57.226
What it said to watch
Close below 56.608 session low confirms a fresh lower low
Close above 57.226 swing high needed to break the downtrend structure
US Retail Sales at 12:30 UTC could materially shift this read
04:47 UTC
Downtrend, momentum flat · RSI 45 · price 57.041
Consolidation above session low.
Silver dropped ~1.9% through the US session, printing an intraday low at 56.859 before recovering to hold a tight 57.0-57.2 Asian range. RSI(14) sits mid-40s with no momentum edge; price is capped by the recent 57.23 high and pinned below EMA20/50.
Support: 56.859, 56.60
Resistance: 57.23, 57.60
What it said to watch
US Retail Sales at 12:30 UTC could materially shift this read
Break of 56.859 opens the path toward the 56.60 session low
M15 close back above 57.23 negates the range and targets 57.60
04:32 UTC
Downtrend, consolidating off lows · RSI 47 · price 57.095
Range after impulsive selloff.
Silver dropped ~1.9% into 56.61 during NY hours, unable to hold a soft-USD bounce as hawkish-Fed positioning kept sellers in control. Price is now consolidating between 56.88 and 57.23 through the Asia session, trading just under EMA20 with RSI mid-range.
Support: 56.88, 56.61
Resistance: 57.23, 57.60
What it said to watch
Close below 56.88 exposes the 56.61 swing low
Close above 57.23 challenges the 57.60 prior high
US Retail Sales 12:30 UTC could break this consolidation
Asian session is consolidating in a tight 57.05-57.23 band after the NY selloff bottomed at 56.86 and probed the 56.61 day low earlier. RSI(14) has recovered off oversold lows to mid-40s while price holds below EMA20/50; the descending sequence of lower highs is still intact.
Support: 56.86, 56.61
Resistance: 57.23, 57.85
What it said to watch
M15 close above 57.23 breaks the lower-high sequence and opens 57.85
Loss of 56.86 re-exposes the 56.61 day low
US Retail Sales at 12:30 UTC is the key catalyst and could reshape this read
04:17 UTC
Downtrend, consolidating off lows · RSI 52 · price 57.184
Lower highs into a base near 56.85-57.23.
Silver sold off ~1.9% through NY hours yesterday, bottoming at 56.61 before basing between 56.85 and 57.23 into the Asia session. Price sits below EMA20/50 with RSI(14) mid-range near 52; the descending channel from the digest remains intact as sellers cap each push.
Support: 56.841, 56.608
Resistance: 57.226, 57.55
What it said to watch
M15 close above 57.55 breaks the run of lower highs
Loss of 56.84 reopens the 56.61 prior low
US Retail Sales 12:30 UTC could materially shift this read
04:17 UTC
Downtrend, stabilising · RSI 47 · price 57.184
Consolidation after NY sell-off, minor higher lows.
Silver sold off ~1.9% through the NY session to a 56.61 low, in line with the hawkish-Fed regime, then based and clawed back to 57.18. Asia hours are ranging 56.86–57.23 with slight higher lows; RSI(14) recovered off oversold to mid-40s.
Support: 56.86, 56.608
Resistance: 57.226
What it said to watch
US Retail Sales at 12:30 UTC could materially shift this read
Close above 57.23 session high opens the path to 57.55
Loss of 56.86 swing low reopens the 56.61 day low
04:03 UTC
Downtrend, now consolidating near lows · RSI 48 · price 57.202
Lower highs into a base, ranging 56.85-57.23.
Silver sold off ~1.9% through the NY session to a 56.61 low, unable to hold a bounce as the hawkish-Fed narrative kept sellers in control despite soft PPI. Price is now basing between 56.85 and 57.23 in Asia hours, sitting at the range top with RSI back near neutral.
Support: 56.84, 56.61, 56.00
Resistance: 57.23, 57.55
What it said to watch
US Retail Sales at 12:30 UTC could materially shift this read
Loss of 56.84 reopens the 56.61 day low and 56.00 support
M15 close above 57.23 range top targets the 57.55 prior swing
04:03 UTC
Downtrend, basing near lows · RSI 49 · price 57.202
Consolidation above session low after NY sell-off.
XAG shed ~1.9% through the NY session on the hawkish-Fed regime despite softer USD, bottoming near 56.61 then twice defending 56.84. Asia session now basing with higher lows, pressing 57.23 resistance; RSI(14) recovered to mid-40s off the lows.
Support: 56.84, 56.61
Resistance: 57.23, 57.78
What it said to watch
Close above 57.23 swing high opens the path back toward 57.78
Loss of 56.84 swing low re-exposes the 56.61 session low
US Retail Sales 12:30 UTC could materially shift this read
03:47 UTC
Downtrend, consolidating near lows · RSI 43 · price 57.114
Lower highs into a base above 56.86.
NY-session slide dragged silver from 58.39 to 56.86; price is now grinding sideways around 57.10 through the Asia session, unable to reclaim 57.24. Move fits the hawkish-Fed regime the digest flags — soft PPI failed to spark a durable bounce.
Support: 56.86, 56.60, 56.00
Resistance: 57.24, 57.55
What it said to watch
A close below 56.86 exposes the 56.60 session low and the 56.00 support zone
Reclaim of 57.55 would break the chain of lower highs
US Retail Sales at 12:30 UTC could materially shift this read
03:47 UTC
Downtrend, basing near lows · RSI 46 · price 57.114
Lower highs, consolidating above session low.
Silver sold off through the US session to 56.60 on the hawkish-Fed regime, then based; Asia hours are consolidating 56.84–57.24 with RSI(14) mid-range near 46. Price holds below EMA20/50, still capped under the descending sequence of lower highs.
Support: 56.841, 56.608
Resistance: 57.242
What it said to watch
Break below 56.84 session low opens 56.60 and reinforces the lower-low sequence
M15 close above 57.24 swing high needed to challenge the descending highs
US Retail Sales at 12:30 UTC could materially shift this read
03:32 UTC
Downtrend, near session low · RSI 44 · price 57.109
Lower highs, lower lows.
XAGUSD in a clean M15 downtrend after the drop from 58.4, silver rejected repeatedly near $59 as Mideast risk offset softer US inflation. Price is now chopping between 56.86 and 57.24 in early Asia, holding just above the 56.61 session low with RSI mid-40s.
Support: 56.86, 56.61
Resistance: 57.24
What it said to watch
Loss of 56.86 swing low reopens the 56.61 session low
Reclaim of 57.24 swing high needed to break the lower-high chain
US Retail Sales 12:30 GMT could materially shift this read
03:32 UTC
Downtrend, basing near lows · RSI 44 · price 57.109
Lower highs, lower lows; recent flat base ~56.9.
XAGUSD extended its M15 descending channel, sliding to a 56.86 swing low before flattening into a tight 56.9–57.15 base through the Asia session. Silver stays heavy near $57 as US-Iran risk and firmer oil offset the softer USD, with the channel top capping every bounce.
Support: 56.86, 56.61
Resistance: 57.44
What it said to watch
Close below 56.86 confirms a lower low and exposes the 56.61 session low
Reclaim of 57.44 swing high needed to challenge the channel top
US Retail Sales 12:30 UTC could materially shift this read
Silver ground lower through the NY session into Asia, capped below $59 and now pressing the $56.84 swing low with RSI(14) around 40. Bounces to 57.24 are being sold, keeping the descending structure intact.
Support: 56.841, 56.608
Resistance: 57.242
What it said to watch
M15 close below 56.841 exposes the 56.608 prior low then the $55.50 cluster
Reclaim of 57.242 session high would break the lower-high sequence
US Retail Sales Thu 12:30 GMT could materially shift this read
XAG bled lower through the Asian session, printing a swing low at 56.61 before a shallow bounce back to 56.96; the descending channel and lower highs from 57.85 stay intact. Silver remains heavy near $57 after failing to rally on soft US inflation, with oil-led inflation risk offsetting the weaker dollar.
Support: 56.86, 56.61
Resistance: 57.24, 57.85
What it said to watch
Close below 56.61 confirms a fresh lower low
Reclaim of 57.24 session high needed to break the lower-high chain
US Retail Sales Thu 12:30 GMT could materially shift this read
Lower highs, lower lows; small double bottom at 56.84.
Silver slid through the Asia session to a 56.84 swing low, matching the 56.859 print for a small double bottom before bouncing to 57.10 with RSI(14) lifting off the low 40s. Sellers capped the earlier retrace at 57.56, and price sits below EMA20/50 in a clear downtrend.
Support: 56.84, 56.61
Resistance: 57.34, 57.56
What it said to watch
M15 close above 57.34 opens the path to the 57.56 supply zone
Failure to hold the 56.84 swing low exposes 56.61
US Retail Sales at 12:30 GMT could materially shift this read
Silver ground lower through the Asian session, breaking the 57.24 pivot and probing a session low at 56.84 before a shallow bounce to 57.10. Rejection off the 57.78 Asian range high set the lower-high chain; RSI(14) sits in the mid-30s, not yet extreme.
Support: 56.841, 56.608
Resistance: 57.24, 57.78
What it said to watch
M15 close back above 57.78 breaks the lower-high sequence
Loss of 56.84 exposes the 56.61 swing low
US Retail Sales 12:30 GMT could materially shift this read
Asian session grinds lower after the earlier rejection near $59; XAG carved a fresh leg down from 57.82 into 56.84 and now hovers at 57.00, capped by a falling lower-high line. RSI(14) near 41, no oversold stretch, sellers still defining the structure.
Support: 56.60
Resistance: 57.44, 57.82
What it said to watch
M15 close above 57.44 breaks the lower-high sequence and neutralises the descending read
Failure to hold 56.60 exposes the deeper $55.50 support cluster
US Retail Sales Thu 12:30 GMT could materially shift this read
Silver bled lower through the US-Asia handover, printing a session low at 56.84 before stabilising near 57.00; the metal stayed heavy despite soft US inflation as oil/Mideast headlines cap it. Sequence of lower highs intact under 57.22, RSI(14) mid-30s but not yet oversold.
Support: 56.841, 56.608
Resistance: 57.22
What it said to watch
M15 close back above 57.22 breaks the lower-high sequence
Loss of 56.84 opens 56.60 swing low
US Retail Sales Thu 12:30 GMT could reshape this read
02:32 UTC
Downtrend, weak bounce · RSI 41 · price 57.113
Lower highs, fresh lower low at 56.86.
Silver ground out a fresh lower low at 56.86 during the late NY session, the bounce stalling at 57.34 with RSI(14) around 41. Price now drifts near 57.11 in thin early-Asia trade, holding below EMA20 and inside the broader descending channel after repeated rejection near $59.
Support: 56.86
Resistance: 57.34
What it said to watch
M15 close below 56.86 confirms continuation of the lower-low sequence
Reclaim of 57.34 swing high would ease the immediate downside pressure
US Retail Sales 12:30 UTC could materially shift this read
02:32 UTC
Downtrend, session low just made · RSI 41 · price 57.113
Lower highs, lower lows.
XAGUSD broke below the 57.7–57.85 Asian range during the Asia session and slid to a fresh session low at 56.86 before a shallow bounce to 57.11. Silver stays heavy near $57, unable to hold gains after softer US inflation data with risk-off oil flows offsetting the weaker USD.
Support: 56.86, 56.61
Resistance: 57.44, 57.83
What it said to watch
Break below 56.86 exposes the 56.61 prior low
M15 close back above 57.44 would ease the downside pressure
US Retail Sales at 12:30 GMT could materially shift this read
Silver ground lower through the Asia session, sliding from 57.75 to a fresh 56.86 low as the descending channel holds; RSI(14) near 33, not yet washed out. Metal stays heavy below $59 on the firm USD/oil backdrop despite soft US inflation, with the 57.24 pivot capping bounces.
Support: 56.608
Resistance: 57.242, 57.75
What it said to watch
M15 close below 56.608 confirms a new lower low
Reclaim of 57.242 needed to ease downside pressure
US Retail Sales 12:30 GMT could materially shift this read
02:17 UTC
Downtrend, extending · RSI 33 · price 56.947
Lower highs, lower lows.
Asia session extended the slide, breaking the 57.44 shelf and pressing back toward the 56.86 session low. Silver stays pinned in its descending channel after failing to hold the earlier bounce to 58.39; RSI(14) near 33, hot on the downside but not yet extreme.
Support: 56.859, 56.608
Resistance: 57.44, 58.39
What it said to watch
M15 close below 56.608 day low confirms continuation lower
Reclaim of 57.44 broken shelf challenges the descending structure
US Retail Sales 12:30 UTC later today could reshape this read
Lower highs, lower lows; breakdown from Asian range.
Asia session broke below the 57.78–57.85 consolidation and drove to a fresh session low at 56.86 before a shallow bounce to 57.08. Silver stays heavy inside the descending channel, consistent with the sub-$59 rejection theme; the 57.44 shelf that gave way is now the nearest capped area.
Support: 56.86, 56.61
Resistance: 57.44, 57.78
What it said to watch
Reclaim above 57.78 asian range would negate the breakdown read
Break of 56.61 swing low opens the path toward 55.50
US Retail Sales at 12:30 UTC could materially shift this read
Breakdown from Asian consolidation, fresh lower low.
Asian session broke down from the tight 57.75-57.85 consolidation, sweeping to a 56.86 session low before a shallow bounce to 57.08. Silver remains heavy after repeated $59 rejections earlier; the prior 57.22 support now caps as resistance with RSI(14) near 34.
Support: 56.86, 56.61
Resistance: 57.22, 57.75, 57.85
What it said to watch
Reclaim of 57.22 would neutralise the breakdown read
Loss of 56.86 session low exposes the 56.61 swing low
US Retail Sales 12:30 GMT could materially shift this read
Silver broke down out of the 57.72–57.85 Asian consolidation during late NY hours, printing a fresh low at 56.86 before a bounce back to 57.15. Move follows repeated $59 rejections earlier in the window; RSI(14) near 40 after cooling from oversold, ATR wide at ~184 pips as ranges expand.
Support: 56.86, 56.61, 55.63
Resistance: 57.82
What it said to watch
Reclaim of 57.82 negates the breakdown read
Loss of 56.86 exposes 56.61 then 55.63
US Retail Sales 12:30 GMT could shift this read
01:47 UTC
Downtrend, bounce off lows · RSI 37 · price 57.15
Lower highs, lower lows into 57.15.
Silver extended its descending channel through the Asia session, sweeping to 56.61 before a modest bounce to 57.15. Price now presses the 57.22 flip zone from below with RSI(14) recovering from oversold; sellers capped every push since the 58.84 high.
Support: 56.86, 56.61
Resistance: 57.22, 57.80
What it said to watch
M15 close above 57.22 opens a retest of 57.80
Failure to hold 56.86 exposes 56.61 then 55.50
US Retail Sales 12:30 UTC could shift this read
01:32 UTC
Downtrend, fresh leg lower · RSI 31 · price 57.013
Lower highs, lower lows; breakdown from Asian range.
Silver broke below the tight Asian range (57.75–57.85) into thin early-Asia hours, sweeping to 56.86 before a shallow bounce to 57.01. The move extends the descending channel flagged in the digest, with sellers still capping every attempt higher; RSI(14) near 31, short-term stretched but not extreme.
Support: 56.859, 56.608, 55.63
Resistance: 57.55, 57.85
What it said to watch
Reclaim of 57.55 would neutralise the fresh breakdown
Loss of 56.86 opens 56.61 then the 55.63 seven-month low
US Retail Sales 12:30 GMT could materially shift this read
Asia session extended the slide, XAGUSD breaking below 57.44 and sweeping to 56.86 before a shallow bounce to 57.01, RSI(14) near oversold at ~30. Silver stays heavy after repeated rejection at the 59.00 area, capped under a descending line of session highs.
Support: 56.86, 56.61, 55.63
Resistance: 57.44, 57.78
What it said to watch
Break below 56.61 exposes the 55.63 seven-month low
Reclaim of 57.78 asia high invalidates the lower-high sequence
US Retail Sales 12:30 GMT could materially shift this read
01:17 UTC
Downtrend, making new session lows · RSI 33 · price 57.306
Lower highs, lower lows; breakdown from overnight consolidation.
Silver broke below the tight overnight consolidation near 57.79 and is extending lower into early Asia hours, pressing the 57.22 support cluster with RSI(14) around 33. Move follows repeated rejections near $59 earlier in the window; sellers in control on this leg.
Support: 57.243, 57.22, 56.608
Resistance: 57.79
What it said to watch
M15 close back above 57.79 invalidates the breakdown read
Break of 57.22 opens the path to the 56.60 swing low
US Retail Sales 12:30 UTC could materially shift this read
Thin Asia session broke below the 57.70–57.87 consolidation and printed fresh lows at 57.24, extending the down leg from the earlier $59 rejection. RSI(14) near 31 as sellers pressed through the session, with silver heavy after soft US CPI/PPI failed to lift the metal.
Support: 57.243, 56.946, 56.608
Resistance: 57.56
What it said to watch
Reclaim of 57.56 would ease the immediate downside pressure
Loss of 57.24 session low opens 56.95 then 56.60
US Retail Sales 12:30 GMT could materially shift this read
01:04 UTC
Downtrend, fresh leg lower · RSI 40 · price 57.565
Asian range broke to the downside.
Silver spent the Asian session pinned in a tight 57.70–57.85 band before breaking lower this hour to 57.405, closing 57.565. The metal remains capped under the $59 area per the broader descending channel, with soft US inflation prints failing to spark any recovery.
Support: 57.405, 57.22, 56.608
Resistance: 57.85
What it said to watch
M15 close back above 57.85 invalidates the range-break-lower read
Break of 57.22 opens the path toward the 56.61 swing low
US Retail Sales at 12:30 GMT could materially shift this read
Silver drifted through the Asian session and broke the 57.85 range floor, printing a session low at 57.42 before a shallow bounce to 57.565. Metal stays heavy under the $59 rejection area flagged after the soft CPI/PPI prints; RSI(14) mid-40s, no oversold stretch yet.
Support: 57.42, 57.22
Resistance: 57.85
What it said to watch
Reclaim of 57.85 range top would neutralise the breakdown read
Failure to hold 57.42 exposes the 57.22 prior support
US Retail Sales 12:30 UTC could materially shift this read
Silver leaked lower through the quiet Asia session and cracked the range floor near 57.68 late, now trading 57.58 after rejection at the 57.85 asia high. RSI(14) sub-40, still capped under the descending-channel structure flagged in the macro read.
Support: 57.44, 57.22
Resistance: 57.85
What it said to watch
Loss of 57.44 swing low opens the path to 57.22 support
M15 close back above 57.85 asia high negates the breakdown
US Retail Sales 12:30 GMT could materially shift this read
00:47 UTC
Downtrend, near session lows · RSI 40 · price 57.584
Lower highs, range break lower.
Silver broke below the tight 57.68–57.87 Asian range on the last bar, pushing to 57.53 with RSI(14) near 40. Metal stays heavy under a descending chain of lower highs, still capped well below the $59 rejection area flagged after soft US PPI failed to lift the tape.
Support: 57.527, 57.22
Resistance: 57.85
What it said to watch
M15 close back above 57.85 negates the range break lower
Failure to hold 57.53 opens the 57.22 support cluster
US Retail Sales 12:30 GMT could materially shift this read
00:32 UTC
Downtrend, now consolidating · RSI 44 · price 57.754
Tight range after selloff, recovery stalling.
Silver bled to a 56.61 low then bounced to 58.39 before rolling over; Asian session now pins price in a tight 57.68-57.87 range on thin volume. RSI(14) mid-40s and price hugging EMA20/50 — no momentum in play, sellers capped the metal at the 58.00 area again.
Support: 57.68, 57.60
Resistance: 57.87, 58.03, 58.39
What it said to watch
Break of 57.60 swing low opens the path back toward the 56.61 base
Close above 57.87 session high, then 58.03, reopens the recovery leg
US Retail Sales Thu 12:30 GMT could break this range
00:32 UTC
Downtrend, now consolidating · RSI 46 · price 57.754
Tight range after NY slide and bounce.
Silver is drifting in a tight 57.67–57.85 band through the quiet Asian session after the NY-session slide to 56.61 and subsequent recovery to 58.39. Price is capped repeatedly near 57.85 with RSI(14) sitting mid-40s; ATR near 86 pips.
Support: 57.67, 57.56, 57.22
Resistance: 57.85, 58.09
What it said to watch
Break of 57.67 range low exposes 57.56 then 57.22 support
Reclaim of 57.85 session high opens the path to 58.09
US Retail Sales at 12:30 UTC could materially shift this read
00:17 UTC
Downtrend, consolidating near lows · RSI 46 · price 57.759
Tight range after NY selloff and partial recovery.
Silver dumped through NY to a 56.61 range low, then recovered to 58.39 before fading; price now coils in a tight 57.60-57.85 band through Asia hours with RSI(14) mid-40s. The metal remains capped below the $59 area, pinned by firm oil and safe-haven flows offsetting softer US inflation.
Support: 57.60, 57.22, 56.61
Resistance: 57.85, 58.09, 58.39
What it said to watch
M15 close below 57.60 confirms a lower-low, exposing 57.22 support
Reclaim of 57.85 range top opens the path back toward 58.09
US Retail Sales Thu 12:30 GMT could materially shift this read
00:17 UTC
Downtrend, consolidating after selloff · RSI 46 · price 57.759
Tight range near lows post-drop.
XAG sold off hard through NY hours to 56.61 before a bounce stalled at 58.39, silver rejected again near the $59 area per the descending-channel read. Price has since coiled in a tight 57.68–57.87 band through Asia, holding below EMA20/50 with RSI(14) flat near 46.
Support: 57.68, 57.44
Resistance: 57.87, 58.23
What it said to watch
M15 close above 57.87 opens the path to 58.23
Failure to hold 57.68 exposes 57.44 swing low
US Retail Sales at 12:30 GMT could materially shift this read
Tight range after sharp selloff and partial recovery.
Asian-session consolidation between 57.73 and 57.85 after the slide to 56.60 and recovery that stalled at the 58.39 swing high. RSI(14) mid-range near 44 with price pinned just below EMA20; the bounce was capped at the 58.09 swing high and silver keeps failing under $59.
Support: 57.62, 57.44, 57.22
Resistance: 57.85, 58.09, 58.39
What it said to watch
M15 close above 57.85 session high opens the 58.09 swing high
Loss of 57.62 swing low exposes 57.44 and the 57.22 prior support
US Retail Sales Thu 12:30 GMT could break this range
00:03 UTC
Downtrend, paused in consolidation · RSI 46 · price 57.769
Tight range after bounce off 56.60.
XAG sold off through London-NY to 56.61 then bounced and stalled, rejected at the 58.09 area before easing back. Asia session is now coiling in a tight 57.65-57.85 range on thin volume, RSI(14) neutral near 46.
Support: 57.65, 57.56, 56.61
Resistance: 57.85, 58.09
What it said to watch
M15 close above 57.85 range top opens the path back to 58.09
Loss of 57.65 reopens the 57.56 / 56.61 lows
US Retail Sales Thu 12:30 UTC could break this range