XAG/USD AI Live Scan, 15-minute chart, Friday, 16 October 2026
Every read JAFX AI made on the XAG/USD 15-minute chart that day, newest first: trend, structure, the levels it marked and what it said to watch.
20:47 UTC
Intraday downtrend, momentum flattening into the close · RSI 38 · price 56.997
Lower highs and lower lows from the 57.96 session high; tight coil just under the broken Asian low.
Silver poked above the Asian range high to 57.96 at the London-NY transition and was rejected, a false break that started a descending lower-high/lower-low chain through NY hours. The hawkish post-data Fed backdrop kept the pressure on. The 57.06 Asian low gave way in a range break to a 56.88 session low, and price is now coiling at 56.94–57.03 under the asian low, below EMA20/50 with RSI(14) near 38.
Support: 56.88
Resistance: 57.062, 57.142, 57.31
What it said to watch
M15 close back above the 57.06 asian low and the 57.14 swing high would break the lower-high chain
Failure to hold the 56.88 session low extends the lower-low sequence
The descending line from 57.95 and the 57.31 lower high at the 38.2% fib cap the rebound path
Weekend IMF meetings and Middle East/Hormuz headlines could gap the Monday open and reset this read
20:32 UTC
Downtrend, momentum fading into weekly close · RSI 38 · price 56.99
Lower highs since NY open; Asian range low broken, minor base above 56.88.
Repeated rejection at 57.93–57.96 through Asia and London capped the yield-driven rebound. NY session then broke the 57.07 asian low with lower highs to a 56.88 day low as the hawkish Fed backdrop reasserted. The 57.14 lower high capped the late bounce, and price is pinned just under the 57.00 psych level into the weekly close.
Support: 56.88
Resistance: 57.00, 57.07, 57.14
What it said to watch
Weekend Hormuz/IMF headlines could gap Monday's open and reset this read
Reclaim of the 57.07 asian low and the 57.14 lower high breaks the descending trendline sequence
Failure to hold the 56.88 day low extends the lower-low chain
Fib 38.2% of the 57.96–56.88 drop sits near 57.29, the first retracement marker above
20:17 UTC
Intraday downtrend, lower highs since NY open · RSI 36 · price 56.979
Asian range broken to downside, LH/LL chain into weekly close.
Silver's Asian rally on lower yields built a 57.06–57.93 range. Supply capped the top twice through London. A rejection at the 57.96 session high in the first hour of NY started a lower-high sequence (57.946, 57.31 swing high, 57.142 lower high). The sequence broke the asian low and printed a 56.88 day low, with RSI(14) near 36 and price below both EMAs.
Support: 56.88, 56.50
Resistance: 57.07, 57.142, 57.31
What it said to watch
M15 close back above the 57.07 asian low would mark the breakdown as a false break
Failure to hold the 56.88 day low extends the lower-low chain toward the 56.50 psych level
A break above the 57.31 swing high, near the 38.2% fib of the NY sell-off, invalidates the lower highs trendline
Weekend IMF meetings and Middle East/Hormuz headlines carry gap risk into the Monday open
Lower highs since 57.96 session high; Asian range low broken.
Silver faded from the 57.96 session high through NY hours in a chain of lower highs. It broke the 57.06 Asian range low and printed a 56.88 session low as the hawkish backdrop, reinforced by the Industrial Production beat, capped rebounds. Price is now compressing just under 57.00 into the weekly close, with RSI(14) near 34, soft but not oversold, and below both EMAs.
Support: 56.88, 56.50
Resistance: 57.07, 57.14, 57.31
What it said to watch
A close back above the 57.07 asian low puts price back inside the Asian range and softens the breakdown read
Failure to hold the 56.88 session low extends the lower-low chain, with the 56.50 round number the next reference
The 57.14 swing high and the 57.31 lower high, near the 38.2% of the selloff fib, are where rebounds stalled; the lower highs trendline caps above
Thin end-of-week liquidity, plus weekend IMF and Middle East/Hormuz headlines, could gap the Monday open and reset this read
Lower highs and lower lows since the London high; below the Asian range.
Silver failed twice near the 57.96 London high. The sell-off then cut through the Asian low at 57.064 during NY hours, with the hawkish backdrop after firm Industrial Production and Warsh doing nothing to slow it. Lower highs at 57.31 and 57.142 cap a grind around the 57.00 round number above the 56.88 session low, and RSI(14) at 34 is soft but not stretched.
Support: 57.00, 56.88
Resistance: 57.064, 57.142, 57.31
What it said to watch
M15 close back above the 57.142 swing high breaks the lower-highs trendline
Reclaim of the 57.064 Asian low would mark the range break as a false break
Failure at 56.88 session low extends the lower-low chain
Thin liquidity into the weekly close; weekend IMF and Middle East headlines carry gap risk for Monday's open
19:32 UTC
Downtrend through NY, late bounce off lows · RSI 39 · price 57.137
Lower highs from 57.96 NY high, sweep below Asian low then reclaim.
NY reversed from the 57.96 session high into a chain of lower highs. The sell-off broke the 57.06 Asian low to a 56.88 session low before a late-NY bounce, so the yields and risk-off rebound noted in the digest faded through the afternoon. Price is back above the Asian low at the 23.6% retracement of the NY drop, still capped beneath the ema20 near 57.22.
Support: 57.06, 56.88
Resistance: 57.22, 57.31, 57.42
What it said to watch
M15 close above the 57.31 lower high breaks the NY lower-high sequence; fib 50% at 57.42 is the next level above
Failure to hold the 57.06 Asian low reopens the 56.88 session low and, beyond it, the 56.57 August low
Thin liquidity into the weekend close and IMF meeting headlines (Oct 17–18) could shift this read
Lower highs and lower lows since NY double top near 57.95; Asia rally fully retraced.
A NY session double top near 57.95 broke down into a steady chain of lower highs and lower lows. The move erased the whole Asia-session rally and unwound the yields/risk-off rebound flagged in the backdrop, printing a 56.88 session low before price returned just above the 57.00 round number. RSI(14) near 39 is soft but not oversold, and the lower-highs trendline sits near 57.13.
Support: 57.00, 56.88
Resistance: 57.31, 57.48
What it said to watch
M15 close above the 57.31 lower high, which aligns with the 38.2% of the NY sell-off fib, would break the lower-high chain
Reclaim of the 57.48 prior pivot, the 61.8% zone, would neutralise the NY sell-off read
Failure to hold the 57.00 round number and the 56.88 session low extends the lower-low sequence
Thin late-Friday liquidity, plus weekend IMF and Fed headlines on hike pricing, could shift this read at the open
19:07 UTC
Downtrend, lower lows into late NY · RSI 30 · price 56.934
Lower highs and lower lows since the 57.96 London–NY cap; day range broken.
Asia ran silver from its 57.06 low to about 57.93. London and early NY then capped it four times at 57.95–57.96, and the Industrial Production beat triggered the first leg down to 57.235. Since that 57.946 retest failed, the NY sell-off has printed steady lower highs, cut through the asian low and the 57.00 round number, and set a session low at 56.889 late in the NY session, with RSI(14) near 30. The digest's rebound case relies on lower yields and a softer USD, and the chart shows that rebound fading below 57.50.
Support: 56.889, 56.57
Resistance: 57.00, 57.065, 57.31
What it said to watch
A close back above the 57.065 asian low returns price to the day range and would mark the break as a false break
A close above the 57.31 lower high ends the NY lower-high sequence and the 38.2% NY sell-off fib zone
Failure to hold the 56.889 session low extends the lower-low chain toward the 56.57 august low
Thin late-Friday liquidity and weekend IMF headlines on Fed hike pricing could gap the open and shift this read
18:47 UTC
Intraday downtrend, lower highs through NY · RSI 30 · price 56.99
Day-high rejection at NY open, Asian range low broken, LH/LL chain into late NY.
Silver was rejected at the 57.96 day high in the first hour of NY and has since built a chain of lower highs, breaking the 57.07 Asian low to print a 56.93 session low. That fades the yields/risk-off rebound flagged in the digest, with the NY sell-off fib 50% near 57.45 well above price. RSI(14) sits near 30 and price trades below both EMAs; the descending trendline from the 57.95 rebound high caps at the 57.31 lower high.
Support: 56.928, 56.57
Resistance: 57.07, 57.31
What it said to watch
M15 close back above the 57.07 Asian low marks the range break as a false break
Acceptance below the 56.93 session low extends the lower-low chain toward the 56.57 aug low
A break of the descending trendline and the 57.31 lower high invalidates the intraday downtrend read
Friday late NY: IMF meetings Oct 17–18 carry weekend gap risk for this structure
Lower highs since 14:15 UTC, 57.48 range low broken.
Silver capped at 57.95–57.96 several times from London into early NY, forming a double top, then broke the 57.48 range low. Lower highs since 14:15 UTC have pushed price through the 57.065 Asian low to a fresh session low at 56.964 late in NY hours, with RSI(14) near 28. This matches the digest's scenario of the rebound fading below 57.50, with the August low at 56.57 the next reference.
Support: 56.964, 56.57
Resistance: 57.065, 57.31, 57.48
What it said to watch
M15 close back above the 57.065 Asian low reclaims the broken floor
A break of the lower-high trendline and the 57.31 lower high would invalidate the downtrend read
Failure to hold the 56.964 session low exposes the 56.57 August low
Friday late-NY thin trade and IMF weekend headlines (Oct 17–18) could materially shift this read
18:17 UTC
Intraday downtrend, lower highs through NY · RSI 32 · price 57.05
Double top at 57.95 broke down; LH/LL chain now testing Asian low.
Silver has given back the whole Asia–London rally. A double top at 57.95–57.96 failed after the Industrial Production beat steadied the USD, and NY broke the 57.48 breakdown level before printing lower highs to a 56.979 session low. Late in the NY session, price is sitting on the 57.06 Asian low with RSI(14) near 32, soft but not oversold.
Support: 56.979, 56.915
Resistance: 57.062, 57.31, 57.48
What it said to watch
M15 close back above the 57.06 Asian low, then the 57.31 swing high near the 38.2% fib, would break the lower-high chain and the descending trendline
A recovery through the 57.48 breakdown level would put price back inside the earlier NY range
Thin late-Friday liquidity and weekend IMF meetings (Oct 17–18) could shift this read into the Monday open
18:05 UTC
Downtrend through NY session, pressing session low · RSI 31 · price 57.116
Lower highs from 57.96 day high; double test of 57.06–57.07 Asian low.
NY open marked a 57.96 day high, the third rejection in the 57.93–57.96 zone. Price has since printed descending highs back to the 57.06 Asian low, unwinding the yields and risk-off rebound. RSI(14) is near 31 and price sits below EMA20/50 late in NY, with the Asian low tested twice since 16:00 UTC.
Support: 57.065, 56.90
Resistance: 57.31, 57.40, 57.50
What it said to watch
Close below the 57.06 Asian low exposes Thursday's 56.90 prior low
Recovery above the 57.31 swing high breaks the descending highs line, with the 57.40 fib 38.2 and 57.50 psych level above
Thin late-Friday trade plus weekend IMF and Middle East headlines could shift this read at the reopen
Lower highs off a 57.95–57.96 triple top; Asian low retested.
NY hours reversed silver from a triple top at the day high of 57.962, giving back the Asia-London rebound. Price is retesting the Asian low at 57.068 late in the session, RSI(14) near 35. The bounce is capped at a lower high at 57.40, the 38.2% of the NY selloff fib, and price sits below the 57.50 psych level, consistent with the digest's yields-led rebound fading.
Support: 57.068, 56.834
Resistance: 57.404, 57.50, 57.962
What it said to watch
M15 close below the asian low at 57.068 confirms a lower-low and opens the prior low at 56.834
Recovery through the lower high at 57.40 and the 57.50 psych level invalidates the NY downtrend read
US Monthly Budget Statement at 18:00 UTC into a thin Friday close could distort late-session structure
Any yield bounce or equity stabilisation per the digest would reinforce the fade from the day high
17:16 UTC
Downtrend, sellers extending into late NY · RSI 31 · price 57.114
Lower highs from 57.95 after a range break below 57.48.
The London range capped three times at the 57.95 triple top. From the NY open, a sequence of lower highs broke the 57.48 range floor, and price has returned to the 57.07 session low near the Asian range base, with RSI(14) near 31. The rebound is fading below the $57.50 area that the digest flags as the line for the yields and risk-off bid, despite a softer USD.
Support: 57.074, 56.834
Resistance: 57.404, 57.48, 57.95
What it said to watch
M15 close below the 57.07 session low reopens the 56.83 prior low
Recovery above the 57.40 bounce high and then the 57.48 range floor would break the lower-high trendline
US Monthly Budget Statement at 18:00 UTC and thin end-of-week liquidity could distort the late-NY read
17:06 UTC
Intraday downtrend from session high · RSI 35 · price 57.181
Lower highs since 57.95 double top, back at Asian low.
London and the NY open capped the yield-driven rebound with a double top at 57.95–57.96, just above the 57.06–57.93 Asian range. Price has since unwound the whole range to retest the 57.07 Asian low, printing lower highs into late NY. RSI(14) sits near 35, soft but not oversold, and the 57.40 lower high lines up with the 38.2% fib of the 57.96–57.07 drop.
Support: 57.167, 57.07
Resistance: 57.40, 57.62, 57.95
What it said to watch
M15 close below the 57.07 asian low breaks the Asian range and extends the lower-low chain
Failure to hold the 57.167 swing low puts the 57.07 asian low straight back in play
Recovery above the 57.40 lower high (fib 38.2) breaks the lower-high sequence; 57.62 fib 61.8 is the next reference
Reclaim of the 57.95 double top would reopen the rebound highs
Friday late-NY liquidity thins into the weekly close; a yield bounce or stabilising equities could extend the fade
16:47 UTC
Intraday downswing after a day-high rejection · RSI 41 · price 57.347
Lower highs and lower lows in NY, range floor broken.
Silver's yields-led rebound stalled at the 57.95 day high. London and NY both made only marginal false breaks of the Asian high before NY sold through the london low at 57.48 and retested the asian low with a 57.07 print. Price is near 57.35 late in the NY session, after London close, below EMA20/50 with RSI(14) near 40. The 38.2% fib of the NY selloff at 57.41 caps the bounce, and a higher low sits at 57.17.
Support: 57.167, 57.062
Resistance: 57.48, 57.955
What it said to watch
M15 close back above the 57.48 london low, near the 50% fib, reclaims the broken range floor
Failure to hold the 57.17 higher low puts the 57.06 asian low back in play; a break there extends the NY lower-low chain
Yield bounce or equity stabilisation could unwind the haven bid; US Budget Statement at 18:00 UTC is medium risk
16:32 UTC
Intraday downtrend from session high · RSI 40 · price 57.283
Double top at 57.95, range break below 57.48, lower highs in NY.
Three rejections at the 57.95 session high through London and early NY formed a double top. The NY session then broke the 57.48 range floor, the digest's $57.50 pivot, as the yields-driven rebound unwound, and the 57.07 NY low held just above the Asian low with a long lower wick. The bounce has stalled at a 57.40 lower high near the 38.2% fib, with price holding above the 57.24 swing low and RSI(14) near 40.
Support: 57.235, 57.07
Resistance: 57.404, 57.48, 57.95
What it said to watch
M15 close back above the 57.48 range floor (near the 50% fib) negates the range break
Failure to hold the 57.07 Asian low extends the NY lower-low sequence
A close above the 57.40 lower high breaks the NY downtrend line; loss of the 57.24 swing low keeps it intact
US Monthly Budget Statement at 18:00 UTC and Friday's late-NY close could materially shift this read
A Treasury-yield bounce or stabilising equities would remove the main support behind the rebound
Triple top at 57.95 session high, lower-high slide, false break below 57.24 ny low.
Three failures at the 57.95 session high across London and NY turned into a lower-high slide. It broke the 57.24 ny low, set after the 13:15 UTC Industrial Production beat, and tagged the 57.07 day low just above the Asian low before a sharp rejection back to 57.37, below both EMAs and near the 38.2% retracement of the 57.95–57.07 selloff. The late-NY dip runs against the two-day yields/risk-off recovery the digest describes, and RSI(14) at 42 is neutral, not stretched.
Support: 57.24, 57.07
Resistance: 57.54, 57.95
What it said to watch
M15 close back above the 57.54 lower high, near the 50% retracement of the selloff, breaks the lower-high sequence
Loss of the 57.24 ny low and then the 57.07 day low cancels the false-break read
US Monthly Budget Statement 18:00 UTC and thin Friday late-NY liquidity can exaggerate moves around these levels
Double top at 57.95, London range broken lower, testing NY low.
A second rejection at the 57.95 range top at 14:30 UTC turned into a NY-session slide through the 57.48 london low. Price now sits on the 13:15 ny low at 57.235, which lines up with the 78.6% of the day rally from the 57.06 asian low. RSI(14) near 34 is soft but not oversold, and the softer-yield, weaker-USD tone that lifted silver earlier has not held the London gains.
Support: 57.235, 57.062
Resistance: 57.48, 57.95
What it said to watch
M15 close below the 57.235 ny low confirms a lower low and exposes the 57.06 asian low
Reclaim of the 57.48 london low would mark the breakdown as a false break
Range top at 57.95 caps unless a close above it ends the double top read
US Monthly Budget Statement at 18:00 UTC and the Friday close could shift intraday flows
A yield bounce or stabilising equities would challenge the haven bid behind the rebound
15:47 UTC
Intraday uptrend stalled, rolling over · RSI 36 · price 57.354
Lower high under 57.95 cap, London floor broken.
Silver hit the 57.95 session cap three times through London and NY. After the Industrial Production beat, the 13:15 UTC flush to the 57.24 NY low was bought, but the 14:15 rebound stalled at 57.946 for a lower high. Price has since slipped through the 57.50 London floor and sits just below the 61.8% retrace of the Asian low rally, as the digest's yields and risk-off bid fades into late NY hours.
Support: 57.235, 57.062
Resistance: 57.50, 57.95
What it said to watch
A close below the 57.24 NY low confirms a lower low and exposes the 57.06 Asian low
A reclaim of the 57.50 London floor would neutralise the range break
A close above the 57.95 session cap invalidates the triple-top read
The Monthly Budget Statement at 18:00 UTC and weekend IMF Fed commentary could shift the yields channel behind the rebound
15:31 UTC
Intraday range, rolling over from highs · RSI 41 · price 57.404
NY range 57.24–57.96, lower high at 57.95, price testing the lower half.
Asia's rally from the 57.06 asian low set a cap near 57.95. London and NY failed at that session high three times, the last a slightly lower high at 57.95, and price has slipped back through the 57.50 pivot to sit at the 76.4% retrace of the 57.24–57.95 NY bounce. The fade came despite the softer-USD, lower-yield backdrop. RSI(14) is near 41 and price is below both EMAs.
Support: 57.337, 57.235, 57.062
Resistance: 57.50, 57.766, 57.962
What it said to watch
Failure to hold the 57.34 swing low exposes the 57.24 ny low; a break there undercuts the NY range
M15 close back above the 57.50 pivot and the 57.77 swing high would put the 57.96 session high back in play
Yield or AI-equity headlines into the Friday weekly close could shift this read; the 18:00 UTC US Budget Statement is a low-impact risk
15:17 UTC
Range, rolling over from the top · RSI 41 · price 57.427
Capped at session high, lower-high pair, now below London low.
Silver was rejected twice at the 57.95 session high, on the early-NY data spike and again on the rebound from the 57.24 NY low. It has now slipped back under the 57.48 London low, retracing about 73% of that NY rebound, below both EMAs with RSI(14) near 41. The digest notes hot US prints have been faded in favour of the lower-yield, softer-USD bid, which kept the 57.24 NY low intact earlier.
Support: 57.235, 57.062
Resistance: 57.48, 57.95
What it said to watch
M15 close back above 57.48 london low negates the slip below the shelf
Failure to hold the 57.24 ny low exposes the 57.06 asian low
Clearance of the 57.95 session high would break the day's range cap
US Monthly Budget Statement at 18:00 UTC is low impact unless the deficit is far wider than -$29B; yields and AI-equity headlines remain the driver
15:05 UTC
Sideways, range-bound below a capped top · RSI 47 · price 57.691
57.48–57.95 range since Asia; NY false break below the floor reclaimed.
Silver has held a 57.48–57.95 range since the Asia session. The range top capped London and NY three times, most recently at 57.946 in the first hour of NY. The early-NY drop to the 57.235 sweep low was reclaimed within two bars, a false break, as softer yields and USD kept a bid under price despite strong US data. Price now sits mid-range near the 38.2% retrace of that rebound, pinned around EMA20/EMA50 with RSI(14) at about 47.
Support: 57.64, 57.48, 57.235
Resistance: 57.95
What it said to watch
M15 close above the 57.95 range top breaks the triple-tested cap and voids the range read
Failure to hold the 57.64 swing low puts the 57.48 range floor (61.8% of the NY rebound) back in play; a close below it reopens the 57.235 sweep low
Yield and AI-equity headlines into the Friday close are the main swing driver; the Monthly Budget Statement at 21:00 broker time is low impact
Range capped at 57.96, NY sweep below the floor then recovery.
Silver dropped to the 57.235 NY low after the Industrial Production beat, then recovered on the yields and risk-off channel and printed a 57.52 higher low. The bounce stalled at 57.946, just under the 57.962 session high, the third failure at that cap since London. Price sits mid-range near 57.67, just under the EMAs, with RSI(14) near 45 and ATR(14) around 190 pips.
Support: 57.52, 57.235
Resistance: 57.962
What it said to watch
M15 close above the 57.962 session high breaks the intraday range cap
Loss of the 57.52 higher low reopens the 57.235 NY low and the IP drop fib base
US Budget Statement at 18:00 UTC, plus Treasury yields and AI-equity moves into the weekly close, could shift this read
14:31 UTC
Sideways after overnight rally, recovering off sweep · RSI 54 · price 57.872
57.48–57.96 range; drop to 57.235 sweep low fully reclaimed.
The 13:15 UTC Industrial Production beat knocked silver through the 57.48 swing low to a 57.235 sweep low. Price has since retraced the whole drop into the first hour of NY, back near 57.87 as softer yields and USD absorb the strong print. The 57.93–57.96 range top has capped Asia, London and the pre-data run, and remains the level in focus.
Support: 57.48, 57.235, 57.062
Resistance: 57.962, 58.50
What it said to watch
M15 close above the 57.96 range top breaks the session range and opens the 58.50 round number
Slip back below the 57.48 swing low puts the 57.235 sweep low and 57.06 asia low back in play
Treasury yields and AI-equity sentiment into the weekly close are the main drivers; the 18:00 UTC Budget Statement is a secondary risk
14:17 UTC
Sideways, NY dip recovered · RSI 50 · price 57.723
57.48–57.96 range since Asia; NY false break below range low reclaimed.
Silver has held a 57.48–57.96 range since the Asian session. The NY open spike was rejected at the range top (57.962). The Industrial Production beat then drove a flush to the NY low at 57.235 before price reclaimed the range low, a false break. Price has now retraced about two-thirds of that NY drop to 57.72 mid-NY, RSI(14) neutral near 50, with softer USD and lower yields absorbing the hot data.
Support: 57.48, 57.235, 57.062
Resistance: 57.816, 57.955
What it said to watch
Break of the 57.82 bounce high exposes the range top at 57.95, capped three times today
M15 close back below the range low at 57.48 reopens the NY low at 57.235
Failure to hold the NY low at 57.235 puts the asian low at 57.06 in play
US Budget Statement 18:00 UTC and the Friday weekly close; a yield rebound could shift this read
14:03 UTC
Sideways, range after Asian-session rally · RSI 51 · price 57.763
57.48–57.96 range since 03:15 UTC; false break lower reclaimed.
Silver has held a 57.48–57.96 range since the Asian-session rally off the asian low at 57.06. The 13:15 UTC Industrial Production beat (0.7% vs 0.4%) drove a false break of the range low to the 57.235 ip spike low. That move was reclaimed within two bars. Price is back mid-range at 57.76 early in the NY session, with RSI(14) neutral near 51.
Support: 57.48, 57.235, 57.062
Resistance: 57.962, 58.50
What it said to watch
M15 close above the 57.96 range high, tested three times, breaks the session range and puts 58.50 res in view
Renewed loss of the 57.48 range low would bring the ip spike low at 57.235 and the asian low at 57.06 back into play
Stabilising US equities or rebounding yields into the weekend IMF meetings could unwind the risk-off bid behind the range
13:47 UTC
Sideways, two-way after data spike · RSI 44 · price 57.595
57.48–57.96 range since Asia; IP-driven false break of range low reclaimed.
Silver held a 57.48–57.96 range from Asia through London, with three rejections at the range top. The hot IP print at 13:15 UTC drove a false break of the range low to 57.235. Price reclaimed the range within a bar and now sits near the 50% retrace of the IP drop in early NY hours, just under ema20 with RSI(14) near 44.
Support: 57.48, 57.235, 57.062
Resistance: 57.69, 57.96
What it said to watch
M15 close back below the 57.48 range low reopens the 57.235 IP low, then the 57.06 Asia low
Reclaim of ema20 near 57.69 keeps the range read intact; a close above the 57.96 range top breaks it
Equities stabilising and yields rebounding after the IP beat could undercut the risk-off bid
Thin Friday NY afternoon and weekend IMF Fed-speak could distort range edges
London range (57.48–57.96) broken lower, failed push above session high.
Silver held a 57.48–57.96 range through London. A marginal new session high at 57.962 early in the NY session failed, and the 13:15 UTC Industrial Production window then broke the range low and ran to 57.235 (ip low). Price has recovered to 57.45, between the 50% and 61.8 fib of the Asian low to session high leg, and sits just under the old range low with RSI(14) near 36.
Support: 57.406, 57.235, 57.062
Resistance: 57.49, 57.962
What it said to watch
An M15 close back above 57.49 range low returns price to the London range and weakens the range-break read
Failure to hold the 57.235 ip low (78.6% fib zone) opens the 57.062 asian low
Rebounding US yields or stabilising equities in NY hours could extend the give-back from the session high
Monthly Budget Statement at 18:00 UTC is low impact; no further top-tier US data in the next few hours
13:17 UTC
Intraday uptrend stalled, rolling over · RSI 38 · price 57.443
57.43–57.96 range since 03:45 UTC, price pressing range floor.
Silver rallied in Asia around Warsh's 03:30 UTC speech, then capped three times near the 57.96 session high. The final rejection came around the hotter US import-price print at 12:30 UTC. Two sharp bars into the NY open have dropped price back to the 57.43 range floor, between the 50% and 61.8% fib of the 57.06–57.96 rally, with RSI(14) near 38.
Support: 57.43, 57.062
Resistance: 57.60, 57.962
What it said to watch
M15 close below the 57.43 range floor confirms a range break and exposes the 57.06 asian low
Recapture of the 57.60 breakdown level puts price back inside the 57.43–57.96 range
US Industrial Production (13:15 UTC, f/c 0.4%) lands on the current bar and could materially shift this read
Acceptance above the 57.96 session high negates the triple-top read
13:05 UTC
Sideways after overnight rally · RSI 52 · price 57.742
Range 57.48–57.96, repeated rejections at the top.
Silver has held a 57.48–57.96 range since the Warsh-speech spike at 03:45 UTC. Hot import prices at 12:30 brought another rejection at the range top, and the 12:45 drop held the 57.60 session low, near the 38.2% fib of the Asian-low rally. RSI(14) is neutral at 52 and price sits just under EMA20, with softer USD and yields still underpinning the bounce.
Support: 57.60, 57.48
Resistance: 57.96, 58.00
What it said to watch
An M15 close above the 57.96 range top breaks the range and puts the 58.00 round number in play
Failure to hold the 57.60 session low exposes the 57.48 swing low and the 50% fib near 57.51
US Industrial Production at 13:15 UTC (f/c 0.4%) could materially shift this read
57.48–57.96 range since the 03:45 UTC spike, higher lows pressing a flat top.
Silver rallied off the 57.06 Asian low through the Warsh speech window to 57.93, then spent London compressing under a 57.95–57.96 session high on a softer USD and lower yields. Rising lows from the 57.48 range low now sit near 57.70, with the latest push to 57.962 rejected into the London-NY transition and RSI(14) flat around 52.
Support: 57.70, 57.48, 57.062
Resistance: 57.962, 58.00
What it said to watch
US Industrial Production at 13:15 UTC could materially shift this read in the first hour of NY
M15 close above the 57.962 session high and 58.00 round number breaks the London cap
Loss of the rising lows near 57.70 reopens the 57.48 range low
Failure to hold 57.48 puts the 57.06 Asian low back in play
12:32 UTC
Intraday uptrend, stalling below London high · RSI 53 · price 57.869
Higher lows compressing under a flat 57.91–57.95 cap.
Silver climbed off the 57.06 Asian low as softer USD and lower yields fed the risk-off bid. London has been capped repeatedly at the 57.95 London high but keeps printing higher lows near 57.70, so price is compressing into the NY open with RSI(14) neutral around 53.
Support: 57.70, 57.48, 57.062
Resistance: 57.952, 58.00
What it said to watch
M15 close above the 57.95 London high and 58.00 round number breaks the London cap
Loss of the 57.70 higher low and the rising lows trendline puts the 57.48 swing low in view, near the 50% of the Asian low leg fib
A break below 57.48 makes the 57.06 Asian low the next reference
US Industrial Production at 13:15 UTC (f/c 0.4%) could materially shift this read; a firm print that lifts yields and USD would test the bounce
12:17 UTC
Sideways after Asia rally, range compressing · RSI 46 · price 57.726
57.48–57.95 range; lower high at 57.91 against higher lows from 57.48.
Silver has held a 57.48–57.95 range since the spike around Warsh's speech in Asia. London printed a session high at 57.95, then a lower high at 57.91, while higher lows since the 57.48 range low squeeze price into 57.66–57.91. The softer USD and lower yields underpin the bounce. Price sits at 57.73, just under EMA20, with RSI(14) neutral near 46.
Support: 57.66, 57.60, 57.48
Resistance: 57.91, 57.95
What it said to watch
US Industrial Production at 13:15 UTC (f/c 0.4%) could break the compression either way
Close below the 57.66 higher low and 57.60 london low exposes the 57.48 range low
Close above the 57.91 lower high and 57.95 session high ends the range read
Loss of 57.48 range low breaks the post-Warsh structure and the 57.50–57.60 recovery support
12:03 UTC
Asia uptrend leg, now flat and coiling · RSI 48 · price 57.736
London coil: lower highs vs higher lows above 57.60.
The Asia rally ran from 57.06 to 57.93 as the USD and yields slid. London only edged above the Asian high to a 57.952 session high before stalling. Late in London, ahead of the NY open, price is coiling between lower highs from 57.95 and higher lows near 57.66, sitting on the 23.6% retracement with RSI(14) neutral near 48.
Support: 57.665, 57.597, 57.48
Resistance: 57.912, 57.952, 58.00
What it said to watch
A close below the 57.66 higher lows and the 57.597 London low breaks the coil; the 38.2% of the Asia rally sits at 57.61 and the swing low at 57.48 is next
A close above the 57.912 lower high and the 57.952 session high opens the 58.00 round number
US Industrial Production at 13:15 UTC (f/c 0.4%) lands about an hour out and could resolve the coil either way
11:47 UTC
Sideways after Asia rally, compressing · RSI 51 · price 57.786
London range 57.60–57.95, higher lows under a capped high.
Silver kept the Asia leg from 57.06 to 57.95 as a softer USD and lower yields supported metals. London has held a 57.60–57.95 range, with two rejections at the 57.95 session high and a 57.91 lower high. Higher lows at 57.66/57.67 sit on rising support above the 38.2% fib of the Asia-London leg. RSI(14) is flat near 51.
Support: 57.671, 57.597, 57.48
Resistance: 57.952, 58.00
What it said to watch
M15 close above the 57.95 session high breaks the London range and puts the 58.00 round number in play
Failure to hold the 57.67 higher low and rising support exposes the 57.60 london low, then the 57.48 swing low near the 50% fib
US Industrial Production at 13:15 UTC (f/c 0.4%) lands at the start of the NY session and could materially shift this read via USD and yields
Silver is pressing back toward the 57.95 range top that rejected twice in London. The rising-lows line from the 57.48 range low has lifted the floor to the 57.67 higher low, and the late-London dip there was absorbed. The bounce is riding a softer USD and lower yields after the AI-linked equity selloff, with RSI(14) near 59 and no extreme.
Support: 57.67, 57.48, 57.06
Resistance: 57.95, 58.00
What it said to watch
M15 close above the 57.95 range top breaks the London cap; the 58.00 round number is the next reference
Loss of the rising-lows line and the 57.67 higher low returns focus to the 57.48 range low, then the 57.06 asian low
US Industrial Production at 13:15 UTC could shift this read via the USD and yields
Higher lows compressing under a flat 57.93–57.95 top.
The Asia rally from 57.06 ran to 57.93 around Warsh's speech, and London's push to a 57.95 session high met rejection, with softer USD and lower yields underpinning the bounce. Since then higher lows at 57.48 and 57.66 have squeezed price into the top of the range late in London; the swing low sits near the 50% fib of the Asia rally and RSI(14) is neutral near 57.
Support: 57.662, 57.48
Resistance: 57.952, 58.00
What it said to watch
M15 close above the 57.95 session high breaks the flat top, with the 58.00 round number next
Loss of the 57.66 higher low and the rising-lows trendline undoes the compression read and exposes the 57.48 swing low near the 50% fib
US Industrial Production at 13:15 UTC, early in the NY session, could materially shift this read through yields and the USD
11:03 UTC
Sideways after Asian rally, momentum flat · RSI 53 · price 57.731
Range 57.48–57.95, marginal false break of Asian high.
Silver ran from 57.06 to 57.93 in Asia around Warsh's remarks as softer USD and lower yields lifted metals. London poked to the 57.95 session high but faded, a false break of the Asian high. Price is now coiling mid-range near 57.73, just under EMA20 and above EMA50, with RSI(14) neutral at 53.
Support: 57.60, 57.48
Resistance: 57.95
What it said to watch
M15 close above the 57.95 session high invalidates the false-break read
Failure to hold the 57.60 london low (38.2% fib) exposes the 57.48 range low near the 50% fib
US Industrial Production at 13:15 UTC could materially shift this read via yields and USD
The Asia-hours leg from 57.06 to 57.93 came on softer USD and lower yields after the Warsh speech. London poked the session high to 57.952 but was rejected, leaving price coiling at 57.66–57.95 on a higher low chain off the 57.48 swing low. The 38.2% retrace of that leg has held, and RSI(14) near 52 is neutral.
Support: 57.662, 57.48
Resistance: 57.952, 58.00
What it said to watch
M15 close above the 57.952 session high and the 58.00 round number breaks the flat cap
Loss of the 57.662 higher low and the rising trendline turns the read back to range
Failure at the 57.48 swing low puts the 38.2% fib and the Asia-hours leg into deeper retrace
US Industrial Production at 13:15 UTC (f/c 0.4%) could materially shift this read via yields and USD
The Asia-session advance from the 57.06 asian low to 57.93 pushed to a marginal new session high at 57.95 in London, which drew rejection. Higher lows at the 57.48 swing low, 57.60 and the 57.66 higher low keep the intraday uptrend intact, with RSI(14) neutral near 53 mid-to-late London. The bounce tracks a softer USD and lower yields on AI-led risk-off.
Support: 57.662, 57.48, 57.062
Resistance: 57.952, 58.00
What it said to watch
M15 close above the 57.95 session high and 58.00 round number extends the higher-high chain
Loss of the 57.66 higher low and rising trendline opens a test of the 57.48 swing low
Break below 57.48 breaks the higher-low sequence and puts the 57.06 asian low back in view
US Industrial Production at 13:15 UTC (f/c 0.4%) could materially shift this read via yields and USD
Higher lows since the Asian low; London's marginal break of the Asian high rejected.
Silver extended off the 57.06 Asian low on the softer-USD read after Warsh's 03:30 UTC speech. London poked just above the 57.93 Asian high to a 57.952 session high and was rejected back into the range. Mid-London, price is holding 57.66 on the rising support line with RSI(14) neutral near 56; the asia pivot at 57.48 marks the last higher low.
Support: 57.662, 57.48, 57.062
Resistance: 57.952, 58.00
What it said to watch
M15 close above the 57.952 session high and 58.00 psych reopens the upside leg
Break below the 57.66 swing low and rising support shifts focus to the 57.48 asia pivot and the 50% fib
Loss of 57.48 breaks the higher-low chain from the 57.06 asian low
US Industrial Production at 13:15 UTC (f/c 0.4%) could materially shift this read via yields and USD
10:03 UTC
Intraday uptrend, pulling back after failed high · RSI 48 · price 57.694
Higher lows intact, Asian-high break failed in London.
Silver's post-Warsh spike to 57.93 in Asia was stretched to a 57.95 session high early in the London session. That marginal break of the Asian high failed, and price has slipped back to 57.69, about 30% into the 57.06–57.95 advance. Rising lows at the 57.43 warsh low, the 57.48 swing low and the 57.60 london low keep the uptrend structure intact, with a softer USD and lower yields still the backdrop. RSI(14) is neutral near 48.
Support: 57.60, 57.48, 57.43
Resistance: 57.84, 57.95
What it said to watch
M15 close below the 57.60 london low breaks the rising lows chain and exposes the 57.48 swing low
Loss of 57.43 warsh low would erase the post-Warsh leg
Recovery above the 57.84 lower high and the 57.95 session high would negate the false break
US Industrial Production at 13:15 UTC (f/c 0.4%) could materially shift this read during NY hours
09:48 UTC
Uptrend, stalling at session high · RSI 54 · price 57.729
Higher lows intact since 57.06; London false break above Asian high at 57.93.
Asia carried silver from 57.06 to 57.93 around the Warsh speech as the USD and yields slipped. London poked to a 57.952 session high and closed back inside, a false break of the Asian high. Price now sits on the ema20 near 57.72, with the london low at 57.597 sitting on the 38.2% fib of the Asia rally.
Support: 57.717, 57.597, 57.48
Resistance: 57.952, 58.00
What it said to watch
A close back above the 57.952 session high clears the double rejection and exposes the 58.00 round number
Failure to hold the 57.597 london low breaks the higher-low chain and opens the 57.48 swing low, the 50% fib
US Industrial Production at 13:15 UTC (f/c 0.4%) could materially shift this read via yields and the USD
London pushed two cents past the Asian high at 57.93 to a session high of 57.952, then the 09:15 bar rejected back to 57.78. The higher-low chain off the 57.062 asian low through the 57.48 swing low and 57.60 london low stays intact above the rising trendline. The bounce tracks lower yields and a softer USD after hot PPI and retail sales were faded.
Support: 57.60, 57.48, 57.062
Resistance: 57.952, 58.00
What it said to watch
M15 close above 57.952 session high and the 58.00 round number extends the Asia-London leg
Loss of the 57.60 london low exposes the 57.48 swing low near the 50% fib of the Asia leg
Break of the rising trendline and 57.48 would end the higher-low sequence and put the 57.062 asian low back in play
US Industrial Production at 13:15 UTC (f/c 0.4%) could materially shift this read via yields and USD
Marginal break above Asian high after 57.48–57.93 consolidation.
Early in the London session, silver poked above the 57.93 Asian high to a session high at 57.952. The higher-low chain from the 57.062 Asia low is intact, helped by lower yields and a softer USD. The break is marginal: price sits at 57.90 with the 57.48 range low below, and the london low at 57.597 lines up with the 38.2% fib.
Support: 57.597, 57.48
Resistance: 57.952, 58.00
What it said to watch
Close above the 58.00 round number confirms the break of the session high at 57.952
Slip back below 57.93 turns the London push into a false break inside the range
Close below the 57.597 london low breaks the higher-lows chain; loss of the 57.48 range low exposes 57.06
US Industrial Production at 13:15 UTC (f/c 0.4%) could shift the read via yields and USD
HH/HL chain from the 57.06 Asian low, testing the session high.
Mid-London, silver edged through the Asian high at 57.931 to a 57.952 session high. Higher lows at the 57.48 swing low and 57.597 london low have printed on a rising trendline as yields and the USD slip. RSI(14) near 63 is not stretched, and the break is marginal so far, with the 58.00 round number just overhead.
Support: 57.597, 57.48
Resistance: 57.952, 58.00
What it said to watch
M15 close above the 57.952 session high and the 58.00 round number confirms the Asian-high breakout
Loss of the rising trendline and the 57.597 london low breaks the HL chain, with the 57.48 swing low and the 50% fib near 57.51 next
US Industrial Production at 13:15 UTC (16:15 broker) could materially shift the read via yields and the USD
08:48 UTC
Intraday uptrend, pausing below the Asian high · RSI 56 · price 57.764
Higher lows since the 57.06 Asian low; London holding a 57.60–57.83 band beneath 57.93.
Silver extended yesterday's post-PPI rebound in Asia, running from 57.06 to an asian high at 57.93 as yields and the USD slipped. London has so far stayed inside a 57.60 london low to 57.83 london high band. Dips have held the 38.2–50% retracement of that Asia leg (57.60 and the 57.48 swing low), and RSI(14) sits neutral near 56.
Support: 57.597, 57.48
Resistance: 57.825, 57.931
What it said to watch
M15 close above the 57.93 asian high breaks the consolidation and extends the higher-high sequence
Loss of the 57.60 london low exposes the 57.48 swing low; a break there ends the Asia higher-low chain
US Industrial Production at 13:15 UTC (f/c 0.4%) during NY hours could reset this range via yields and the USD
Range 57.48–57.93 since Asia high, higher lows from 57.06.
Silver rallied from the 57.06 Asian low to the 57.93 Asian high as yields and the USD slid. It has since compressed into a 57.48–57.93 range. About 90 minutes into London, the london low at 57.60 sits on the 38.2% fib and the 57.48 swing low sits on the 50% fib, so dips are holding on the rising-lows line while the 57.83 london high caps.
Support: 57.597, 57.48, 57.062
Resistance: 57.825, 57.931, 58.00
What it said to watch
M15 close above the 57.93 asian high breaks the consolidation and puts the 58.00 round number in play
Loss of the 57.60 london low and the rising-lows line opens the 57.48 swing low (50% fib)
A break below the 57.48 swing low exposes the 57.06 asian low
US Industrial Production at 13:15 UTC could materially shift this read via yields and the USD
Consolidation inside Asian range, lower highs off 57.931.
Silver pushed Thursday's post-PPI rebound to the 57.931 Asian high as yields and the USD slid, then settled into a 57.48–57.93 consolidation with lower highs off the top. Early London is holding inside the Asian range (london low 57.597, london high 57.825); the 57.48 swing low sits near the 50% retrace of the Asian leg, and RSI(14) is neutral near 44.
Support: 57.597, 57.48, 57.062
Resistance: 57.825, 57.931
What it said to watch
A close below the 57.48 swing low (50% of the Asian leg) breaks the higher-low chain and exposes the asian low at 57.062
A close above the london high at 57.825 breaks the lower-highs trendline and puts the asian high at 57.931 back in play
Holding the london low at 57.597 keeps price pinned mid-range
US Industrial Production at 13:15 UTC (NY hours) could shift the read via yields and the USD
57.48–57.93 range after Asian leg up, lower highs since 57.93.
Asia ran from the 57.06 asian low to a 57.93 asian high as yields and the USD slid on AI-led risk-off. Since then price has compressed between the 57.48 swing low (near the 50% retrace) and a series of lower highs. Early London is holding inside, with the 57.60 london low at the 38.2% retrace, the 57.83 london high capping, and RSI(14) flat near 50.
Support: 57.597, 57.48, 57.062
Resistance: 57.825, 57.931
What it said to watch
M15 close above the 57.825 london high breaks the lower-highs sequence and brings the 57.931 asian high back in play
Failure to hold the 57.48 swing low and 50% retrace opens a deeper retrace toward the 57.062 asian low
US Industrial Production at 13:15 UTC (f/c 0.4%) could materially shift this read through yields and the USD
07:47 UTC
Intraday uptrend from Asia lows, stalling below highs · RSI 42 · price 57.601
Lower highs inside a 57.48–57.93 range since mid-Asia.
Silver ran from the 57.06 Asian low to a 57.93 Asian high around Warsh's 03:30 UTC remarks as yields and USD slipped. Since then it has printed lower highs, and the London open was rejected at 57.825. Price is back at the 38.2% fib near 57.60, below EMA20, with the 57.48 swing low as the near-term floor.
Support: 57.48, 57.062
Resistance: 57.825, 57.931
What it said to watch
M15 close below the 57.48 swing low confirms a lower low and exposes the 57.06 asian low
Close above the 57.825 london high breaks the lower-highs line and puts the 57.931 asian high back in play
US Industrial Production at 13:15 UTC (f/c 0.4%) could materially shift this read via yields and USD
07:32 UTC
Uptrend, pausing below Asian high · RSI 51 · price 57.737
Higher lows from 57.06, ranging 57.48–57.93 into early London.
Silver extended its post-PPI rebound to an Asian high of 57.93 around Warsh's remarks, helped by lower yields and a softer USD. The 06:15 UTC dip to the 57.48 swing low held near the 50% retracement of the Asian leg. Early London is capped at 57.825 for now, RSI is neutral near 51, and the rising trendline of higher lows from 57.06 is intact.
Support: 57.48, 57.062
Resistance: 57.825, 57.931, 58.00
What it said to watch
M15 close below the 57.48 swing low breaks the higher-low chain and the rising trendline, exposing the 57.06 Asian low
Break above the 57.825 London high and then the 57.93 Asian high clears the range toward the 58.00 round number
US Industrial Production at 13:15 UTC (f/c 0.4%) could shift the yields-driven read
07:16 UTC
Intraday uptrend, pausing below Asian high · RSI 51 · price 57.772
Pullback from 57.93 held a higher low at 57.48; London open rotating inside a 57.48–57.93 band.
Asia extended the post-PPI rebound from 57.06 to a 57.93 Asian high as lower yields and a softer USD lifted silver. The pullback held the 57.48 swing low near the 50% fib and above the 57.43 prior low, and early London is pressing the 57.83 London high with RSI(14) neutral near 51.
Support: 57.48, 57.431
Resistance: 57.825, 57.931
What it said to watch
M15 close above 57.93 asian high breaks the Asian range top and resumes the HH chain
Loss of the 57.48 swing low and the 50% fib exposes the 57.43 prior low and turns the pullback into a lower-low
Rejection again at the 57.83 london high keeps the lower-high sequence from 57.93 intact
US Industrial Production at 13:15 UTC (f/c 0.4%) could materially shift this read via yields and the USD
Lower highs from 57.931 with higher lows from 57.43, a tightening range into London open.
Asia extended the softer-USD, lower-yield bounce from 57.06 to a 57.931 session high, then printed lower highs. The pullback held a 57.48 swing low near the 50% fib of that leg, and London opens at 57.74 with price above both EMAs and under the prior high at 57.79.
Support: 57.48, 57.431
Resistance: 57.79, 57.931, 58.00
What it said to watch
M15 close above the 57.79 prior high and the lower-highs line reopens the 57.931 session high and the 58.00 round number
Failure to hold the 57.48 swing low exposes the 57.431 Asia pivot and the 61.8% fib near 57.39
US Industrial Production at 13:15 UTC (f/c 0.4%) could materially shift this read via yields and USD
06:47 UTC
Intraday uptrend, pausing below Asia high · RSI 55 · price 57.674
Lower highs since 04:00 UTC, higher low intact at 57.48.
The Asia session ran from the 57.06 asian low to the 57.93 asian high around Warsh's 03:30 UTC speech, extending the bounce on softer yields and USD. Since then price has printed lower highs, and the pullback low at 57.48 has held near the 50% fib of the Asia leg. Price sits mid-range at 57.67 into the London open, with RSI(14) neutral near 55.
Support: 57.48, 57.431, 57.062
Resistance: 57.782, 57.931
What it said to watch
A close below the 57.48 pullback low and the 57.43 warsh low breaks the Asia higher-low sequence and exposes the 57.06 asian low
A close above the 57.78 lower high clears the lower-highs line; the 57.93 asian high is the next reference
US Industrial Production at 13:15 UTC (f/c 0.4%) could shift this read through yields and the USD
06:32 UTC
Intraday uptrend, pulling back from session high · RSI 45 · price 57.594
Lower highs since 57.93 Asia high, holding the 50% retrace.
Asia ran from the 57.06 Asian low to a 57.93 session high around Warsh's 03:30 UTC speech, extending the soft-USD, lower-yield bounce. Since then a chain of lower highs has pulled price back to the 57.48 swing low at the 50% fib, with price sitting on EMA20 into London open.
Support: 57.48, 57.431, 57.062
Resistance: 57.709, 57.931, 58.00
What it said to watch
M15 close below the 57.48 swing low breaks the 50% fib and confirms a lower-low, exposing the 57.43 warsh dip
Close above the 57.71 lower high breaks the descending trendline and puts the 57.93 session high and 58.00 round number back in play
Loss of 57.43 opens the 61.8% fib near 57.39 and the 57.06 Asian low
London open is the first test of the Asian range
US Industrial Production at 13:15 UTC could materially shift this read via yields and USD
Lower highs and lower lows since the 57.93 session high, retesting 57.50.
Asia session ran from the 57.06 asian low to a 57.93 session high after Warsh spoke, helped by a softer USD and lower yields. Rejection there was followed by a lower-high chain under a falling trendline that has pulled price back to 57.50, the prior high and 50% fib of the Asian leg, with RSI(14) near 43 and price under EMA20 ahead of London open.
Support: 57.50, 57.43, 57.06
Resistance: 57.60, 57.71, 57.93
What it said to watch
M15 close below the 57.43 swing low ends the prior-high retest and exposes the 61.8% fib near 57.39, then the 57.06 asian low
Reclaim of the 38.2% fib at 57.60 and a break of the trendline near 57.71 neutralise the lower-high sequence
London open within the hour may set direction off the 57.50 prior high
US Industrial Production at 13:15 UTC (f/c 0.4%) could materially shift this read through yields and the USD
06:03 UTC
Uptrend, pausing below Asian high · RSI 55 · price 57.695
Higher lows from 57.06; pullback into 38.2–50% of Asia leg.
Silver extended its bounce during the Asia session as the USD stayed soft, clearing the prior NY high at 57.52 and printing a 57.93 Asian high after a dip to the 57.43 warsh low around the 03:30 UTC speech. Price has since drifted to a 57.55 swing low, holding between the 38.2% and 50% retracement of the 57.06–57.93 Asia leg ahead of London open. RSI(14) is near 55, neutral.
Support: 57.551, 57.431, 57.062
Resistance: 57.931, 58.00
What it said to watch
M15 close below the 57.55 swing low exposes the 57.43 warsh low and the 50% fib near 57.50
A break above the 57.93 asian high reopens the 58.00 round number
Loss of the 57.06 asian low unwinds the entire Asia leg
US Industrial Production at 13:15 UTC could shift this read via yields and the USD
05:49 UTC
Intraday uptrend, pulling back · RSI 55 · price 57.649
Asia higher lows to 57.93, now lower highs off the session high.
Asia session extended the softer-USD bounce from the 57.06 asian low. The 03:30 UTC Warsh speech bar dipped to a 57.43 swing low before a spike to the 57.93 asian high. Price is now about an hour before London open, printing lower highs and holding the 38.2% fib near 57.60 just above the 57.55 pullback low; RSI(14) near 55 is neutral.
Support: 57.551, 57.431, 57.062
Resistance: 57.931, 58.00
What it said to watch
A close below the 57.55 pullback low exposes the 50% fib near 57.50 and the 57.43 swing low
Loss of the 57.43 swing low breaks the Asia higher-low sequence, leaving the 57.06 asian low next
A close above the 57.93 asian high reopens the 58.00 round number
US Industrial Production at 13:15 UTC and moves in yields/USD could materially shift this read
Higher lows inside the Asian range, consolidating under the session high.
Late in the Asia session, silver has extended its rebound from the 57.062 Asian low to a 57.931 session high on falling yields and a softer USD. A dip to the 57.431 swing low around Warsh's 03:30 UTC remarks was bought quickly. Price is now holding a minor low at 57.633 above the rising trendline, with RSI(14) cooling to about 60.
Support: 57.633, 57.431, 57.062
Resistance: 57.931, 58.00
What it said to watch
A break of the 57.633 minor low puts the rising trendline and the 57.431 swing low (near the fib 61.8%) in play
An M15 close above the 57.931 session high opens the 58.00 round number
Losing the 57.062 Asian low would break the higher-low chain
London open, then US Industrial Production at 13:15 UTC, could reshape the range via yields and the USD
Higher lows from 57.064; tight 57.69–57.84 range after spike.
The Asia leg cleared yesterday's 57.517 prior high and spiked to a 57.931 session high around Warsh's remarks as yields and the USD softened. Price has since compressed between the 57.688 micro low and 57.84 late in the Asia session. Higher lows at 57.064 and 57.431 keep the intraday sequence intact into London open, with RSI(14) cooling to about 63.
Support: 57.688, 57.517, 57.431
Resistance: 57.931, 58.00
What it said to watch
M15 close below the 57.688 micro low opens a retest of the 57.517 prior high
Break of the 57.431 swing low and the higher-lows trendline voids the intraday uptrend read
Acceptance above the 57.931 session high and 58.00 round number extends the Asia leg
US Industrial Production at 13:15 UTC and the yield reaction to Warsh could materially shift this read
Higher highs and higher lows through Asia, tight consolidation 57.72–57.93.
Silver has stretched its rebound through Asia from the 57.06 asian low on softer yields and USD. The dip to the 57.43 warsh low during the 03:30 UTC remarks drew demand and ran to a 57.93 session high. Price is now holding the 57.72 minor lows above rising support into late Asia, with RSI(14) near 66 and not stretched.
Support: 57.72, 57.43, 57.062
Resistance: 57.931, 58.00
What it said to watch
M15 close above the 57.93 session high extends the higher-high chain toward the 58.00 round number
Loss of the 57.72 minor lows and rising support exposes the 57.43 warsh low, near the 61.8% retrace of the Asia leg
Break below the 57.06 asian low would undo the overnight higher-low sequence
London open price discovery, then US Industrial Production at 13:15 UTC, could materially shift this read
Higher-high/higher-low chain from the 57.06 Asian low; tight consolidation under 57.93.
Asia session extended the rebound from the 57.06 Asian low as yields and the USD slipped. The dip around Warsh's 03:30 UTC remarks held a higher swing low at 57.43 before a push to a 57.93 session high. Price is now holding above the prior NY high at 57.52, near the 38.2% fib of the Asian leg, with RSI(14) cooling to the mid-60s.
Support: 57.517, 57.431, 57.062
Resistance: 57.931, 58.00
What it said to watch
M15 close above the 57.93 session high opens the 58.00 round number
Close below the 57.43 swing low breaks the higher-low chain and the Asian trendline
Loss of the 57.52 NY high puts the 61.8% fib and the 57.06 Asian low back in view
US Industrial Production at 13:15 UTC could materially shift this read via yields
Asia session cleared yesterday's NY high at 57.517 and printed a 57.93 session high after Warsh's 03:30 UTC remarks added no hawkish impulse to a soft USD. The dip into Warsh left a higher low at 57.43, above the 57.06 Asian low, keeping the Asia leg's HH/HL chain intact. Price is holding the 57.72 micro low just under the high with RSI(14) near 64, not stretched.
Support: 57.721, 57.517, 57.431
Resistance: 57.931, 58.00
What it said to watch
A close above the 57.93 session high and the 58.00 round number extends the Asia leg
Loss of the 57.72 micro low opens a pullback toward the ny high at 57.52, which is also the 50% fib of the Asia leg
A close below the 57.43 warsh low breaks the higher-lows trendline and the HH/HL chain
London open in about 2.5h and US Industrial Production at 13:15 UTC could materially shift this read via yields
Higher lows from 57.064 asian low; broke prior high 57.517, rejected at 57.931.
Late in the Asia session, silver cleared Thursday's prior high at 57.517 as yields and the USD eased. Warsh's 03:30 UTC remarks drew a dip to the warsh low at 57.431, then a spike to the 57.931 session high. The two bars since show rejection under the 58.000 psych level, while the higher-low chain from the 57.064 asian low is still intact and RSI(14) sits near 64.
Support: 57.517, 57.431, 57.064
Resistance: 57.931, 58.00
What it said to watch
A close back below the 57.517 prior high, near the 50% fib of the asian rally, would turn the breakout into a false break
A break of the higher-low line and a close below the 57.431 warsh low would end the intraday higher-low chain
Acceptance above the 57.931 session high and 58.000 psych would extend the Asia-session uptrend
Follow-up Warsh headlines or a yield rebound into London open could shift this read; US Industrial Production is due at 13:15 UTC
04:03 UTC
Uptrend, Asia leg extending · RSI 69 · price 57.859
Higher lows from the Asian low; prior NY high broken and retested.
Silver cleared yesterday's NY high at 57.517 during the Asia session, extending the climb off the 57.062 Asian low as yields and the USD stayed soft. Warsh's 03:30 UTC remarks brought a dip to 57.431 that held near the NY high before a spike to a 57.928 session high, just under the 58.00 round number, with RSI(14) near 69.
Support: 57.517, 57.431, 57.062
Resistance: 57.928, 58.00
What it said to watch
Close back below the 57.517 NY high and the 57.431 Warsh dip undercuts the breakout and the rising trendline
Rejection at the 57.928 session high or 58.00 round number would cap the Asia leg
Loss of the 57.062 Asian low breaks the higher-low sequence
Yield rebound on Warsh follow-through or US Industrial Production at 13:15 UTC could materially shift this read
Higher low at 57.06, break of prior high, retest held near 50% fib.
Asia session cleared the 57.52 prior high to a session high at 57.79, then pulled back to a 57.43 pullback low, the 50% fib of the 57.06–57.79 leg, around Warsh's 03:30 UTC remarks. Price is back at 57.61 with RSI(14) near 63, the bounce tracking falling yields and a softer USD.
Support: 57.52, 57.43, 57.06
Resistance: 57.79, 58.00
What it said to watch
M15 close back below the 57.43 pullback low and 50% fib turns the retest into a failed breakout
Loss of the 57.06 asian low breaks the higher-low sequence
Close above the 57.79 session high opens the 58.00 round number
Yield and USD reaction to Warsh's remarks could materially shift this read
03:31 UTC
Intraday uptrend, sharp pullback from high · RSI 60 · price 57.543
Asia breakout above prior high, rejection bar now retesting it.
Asia session pushed through the late-NY prior high at 57.517 to a 57.790 session high on softer yields and USD, then printed a 25-cent rejection bar into the Warsh speech. Price is now retesting the prior high, which lines up with the 38.2% fib of the 57.062–57.790 leg; the asian high at 57.42 sits near the 50%.
Support: 57.517, 57.42, 57.062
Resistance: 57.79, 58.00
What it said to watch
Fed Chair Warsh speaking now (03:30 UTC) could materially shift this read
M15 close back below 57.517 prior high turns the breakout into a false break and exposes the 57.42 asian high
Reclaim of the 57.790 session high reopens the 58.00 round number
Break of 57.062 asian low undoes the Asia higher-low sequence
03:17 UTC
Uptrend, extending in Asia · RSI 73 · price 57.757
Higher lows from 56.83, breakout above prior high 57.52.
The Asia session extended Thursday's NY recovery on softer yields and a softer USD. A higher low held at the 57.06 asian low and price then cleared the prior high at 57.517 to a 57.79 session high. RSI(14) near 73 is hot but not extreme, and the fib 50% at 57.43 and the rising trendline from 56.83 sit below.
Support: 57.517, 57.427, 57.062
Resistance: 57.79, 58.00
What it said to watch
Fed Chair Warsh at 03:30 UTC, about 15 min away, could materially shift this read; a hawkish tone leaves the bounce exposed
An M15 close back below the prior high at 57.517 would turn the breakout into a false break
Loss of the fib 50% at 57.43 and the rising trendline puts the 57.06 asian low and the higher-low chain at risk
Acceptance above the 57.79 session high brings the 58.00 round number into view
03:03 UTC
Uptrend, extended into Warsh · RSI 74 · price 57.734
HH/HL chain; Asian range broken higher.
Late in the Asia session, silver broke out of a double bottom at the 57.06 asia low, cleared the 57.42 asian high and the 57.517 prior high from Thursday's NY session, and printed a 57.779 session high. RSI(14) sits near 74, with price stretched above EMA20. The move tracks softer yields and USD, but Warsh speaks at 03:30 UTC, within the next two bars.
Support: 57.517, 57.42, 57.06
Resistance: 57.779, 58.00
What it said to watch
Warsh at 03:30 UTC could materially shift this read; a hawkish tone puts the Asia breakout at risk
Holding 57.517 prior high, the 38.2% of the breakout leg, keeps the breakout intact; a close back below reopens the 57.42 asian high
M15 close above the 57.779 session high opens the 58.00 round number
A break of rising support near 57.10 and the 57.06 asia low negates the double bottom
02:46 UTC
Intraday uptrend, extending in Asia · RSI 64 · price 57.505
Higher lows from 56.83, Asia break of prior high 57.517 now being retested.
Asia session held the 57.06 Asian low twice, then broke the prior high at 57.517 to a 57.65 session high. The move extends the post-PPI recovery on softer yields. Price is now back at the old high ahead of Warsh at 03:30 UTC, with the 57.42 fib 38.2 (also the 01:00 UTC spike high) as first support.
Support: 57.42, 57.063, 56.834
Resistance: 57.517, 57.65
What it said to watch
Warsh speech at 03:30 UTC could materially shift this read
M15 close back below 57.42 fib 38.2 turns the 57.517 breakout into a false break
Close above 57.65 session high extends the Asia leg
Failure to hold 57.06 Asian low breaks the higher-low chain back toward the 56.83 NY swing low
02:31 UTC
Uptrend, pressing prior high · RSI 64 · price 57.517
Higher lows since 56.29; Asian range broken to the upside.
Silver is lifting through the 57.43 Asian high into yesterday's 57.52 prior high late in the Asia session, after a double bottom at the 57.06 Asian low. The post-data leg from the 56.29 NY low held a roughly 38% pullback overnight, with softer yields and USD underpinning the bid. RSI(14) is near 64.
Support: 57.43, 57.06, 56.83
Resistance: 57.52, 58.00
What it said to watch
Fed Chair Warsh at 03:30 UTC (~1h) could materially shift this read; a hawkish tone puts the post-data leg at risk
M15 close back below the 57.43 Asian high turns the break into a false break
Acceptance above the 57.52 prior high leaves the 58.00 psych level as the next reference
Loss of the 57.06 Asian low voids the double bottom and exposes the 56.83 swing low
Asian range 57.06–57.42 with lower highs off 57.52; Asian low tested three times.
Silver recovered from the 56.29 PPI spike low to a 57.52 prior high late in NY as falling yields and a softer USD outweighed the hot data. The Asian session has held a 57.06–57.42 range. The 57.42 Asian high was rejected at 01:00 UTC, and the 57.06 Asian low has held three times near the 61.8% retracement of the 56.83 swing low to 57.52 leg.
Support: 57.06, 56.83
Resistance: 57.42, 57.52
What it said to watch
Warsh speaks at 03:30 UTC, about 1h15m away. This is the first Fed read after the hot CPI/PPI and could break the Asian range either way.
Failure to hold the 57.06 Asian low exposes the 56.83 swing low and breaks the higher-low sequence.
An M15 close above the 57.42 Asian high clears the lower-highs line and reopens the 57.52 prior high.
Asian range 57.06–57.42 with lower highs off 57.517.
Silver is drifting inside a 57.06–57.42 Asian range after NY's late push to a prior high of 57.517, a rally built on lower yields and a softer USD despite hot PPI. The early-Asia spike high at 57.42 was rejected and price sits near the 50% fib of the 56.83–57.52 leg, with the asian low at 57.06 holding three times and RSI(14) near 42.
Support: 57.06, 56.834
Resistance: 57.42, 57.517
What it said to watch
Warsh speaks at 03:30 UTC, about 1.5h away; a hawkish tilt could materially shift this read
M15 close below the 57.06 asian low exposes the 61.8% fib and the 56.834 ny pivot low
Close above the 57.42 spike high breaks the lower-high line and puts the 57.517 prior high back in play
01:47 UTC
Intraday uptrend, Asia pullback · RSI 37 · price 57.106
Higher lows above 57.06; lower highs in Asia.
Silver climbed from the 55.70 Asian low through London and NY. It absorbed the hot PPI/retail data at 12:30 UTC as yields fell, then peaked at the 57.517 prior high. The Asia session has printed lower highs, with a rejection at 57.42, while price holds the 57.06 session low at the 61.8% of the 56.83–57.52 fib leg.
Support: 57.062, 56.834
Resistance: 57.435, 57.517
What it said to watch
Warsh speaks at 03:30 UTC (~1h45m) and could materially shift this read
A break of the 57.06 session low ends the higher-low chain and exposes the 56.83 swing low
An M15 close above the 57.435 session high breaks the lower highs line and puts the 57.517 prior high back in play
Asian range 57.062–57.435 nested below the NY high.
Softer USD and lower yields carried silver from 56.834 to a 57.517 NY high late Thursday. The Asia session has since faded into a 61.8% retracement, with the 57.42 Asian high rejected at 01:00 UTC. Price is holding just above the 57.062 Asian low and the rising lows trendline.
Support: 57.062, 56.834
Resistance: 57.42, 57.517
What it said to watch
Fed Chair Warsh at 03:30 UTC (~2h) is the main risk to this read
M15 close below the 57.062 asian low breaks the rising lows and exposes the 56.834 ny swing low
Close above the 57.42 asian high reopens the 57.517 ny high
01:17 UTC
Intraday uptrend, Asia pullback held · RSI 46 · price 57.301
Higher low at 57.062 after 57.517 high; Asian range 57.062–57.435.
Silver climbed from the 56.834 swing low to a 57.517 prior high late in NY as yields and the USD slid despite hot PPI. The Asia session pullback held 57.062, near the 61.8% of that leg, for a higher low on the rising support. A spike to 57.42 was rejected just under the 57.435 Asian high. RSI(14) is neutral near 46.
Support: 57.062, 56.834
Resistance: 57.435, 57.517
What it said to watch
M15 close above the 57.435 Asian high reopens the 57.517 prior high
Failure to hold the 57.062 Asian low breaks rising support and exposes the 56.834 swing low
Fed Chair Warsh speaks at 03:30 UTC (~2h). An October-hike signal could reverse the intraday uptrend sharply
01:05 UTC
Intraday uptrend, Asia pullback in progress · RSI 37 · price 57.095
Lower highs off 57.517 in Asia, holding above the Asian low.
Thursday's London and NY sessions lifted silver from 55.70 to the 57.517 prior high. Lower yields and a softer USD carried the move despite the hot PPI print. Asia has since printed lower highs and pulled back to the 61.8% retracement near 57.095, with the 57.062 Asian low holding so far and RSI(14) soft near 37.
Support: 57.062, 56.834
Resistance: 57.286, 57.517
What it said to watch
Warsh speaks at 03:30 UTC (~2.5h) and could materially shift this read
Failure to hold the 57.062 Asian low exposes the 56.834 swing low and breaks the retracement structure
Close above the 57.286 session high breaks the lower-high trendline; 57.517 prior high is next above
00:47 UTC
Uptrend from data low, Asia pullback in progress · RSI 37 · price 57.146
NY higher highs to 57.517, Asia lower highs holding 57.06 base.
Thursday's 12:30 UTC PPI/retail sales flush to the 56.292 ppi low reversed as yields and USD slid, with NY building higher lows at 56.469 and 56.834 into a 57.517 session high. Asia has faded in lower highs from the 57.435 asian high and found demand at the 57.062 asian low, near the 38.2% fib of the NY leg. Price sits under the 57.212 prior high and below EMA20, with RSI(14) near 37.
Support: 57.062, 56.834, 56.292
Resistance: 57.212, 57.435, 57.517
What it said to watch
Warsh at 03:30 UTC Fri, roughly 2h45m out, could materially shift this read; a hawkish lean is the main threat to the 57.062 asian low
M15 close below the 57.062 asian low and 38.2% fib exposes the 56.834 swing low
Close above the 57.212 prior high breaks the Asia lower-high sequence and reopens the 57.435 asian high and 57.517 session high
Lower highs off 57.517 since NY close; pullback testing 61.8% fib.
NY extended the rally to a 57.517 swing high as softer yields and the USD outweighed the hot PPI. Early Asia has printed lower highs back into the 61.8% fib, and the 57.062 session low is holding so far ahead of Warsh at 03:30 UTC.
Support: 57.062, 56.834
Resistance: 57.212, 57.517
What it said to watch
M15 close below the 57.062 session low breaks the 61.8% fib and exposes the 56.834 swing low
Reclaim of the 57.212 prior high ends the lower-high sequence off the 57.517 swing high
Warsh speech at 03:30 UTC (~3h): hawkish framing re-bids the USD and could materially shift this read
00:17 UTC
Intraday uptrend, Asia pullback in progress · RSI 49 · price 57.169
HH/HL chain into 57.517; Asia printing lower highs down to a 38.2% retest.
Silver extended through the NY session to a 57.517 day high as falling yields and a softer USD outweighed the hot PPI. The 12:30 UTC dip to 56.292 was bought. Asia has bled lower from the 57.435 session high and found demand at 57.062, the session low, which sits on the 38.2% retrace of the NY rally fib and the pre-breakout shelf; price is pinned just under the ema20 near 57.20–57.23.
Support: 57.062, 56.905, 56.834
Resistance: 57.228, 57.435, 57.517
What it said to watch
Fed Chair Warsh at 03:30 UTC (~3h) could materially shift this read
A close below the 57.062 session low breaks the retest and exposes the 50% fib at 56.905, then the 56.834 swing low
Reclaiming the ema20 near 57.228 reopens the 57.435 session high and the 57.517 day high
HH/HL chain to 57.517 in NY; Friday Asia printing lower highs into 50% fib.
Thursday's climb from the 55.70 Asia low brushed off the hot 12:30 UTC PPI/retail data (spike to 56.29) and extended in NY to a 57.517 session high as yields and the USD slid. Friday's Asia session has bled steadily to a 57.063 Asia low, about 40% of the 56.47–57.52 NY leg, with RSI(14) near 26 and price under both EMAs.
Support: 57.063, 56.993, 56.834
Resistance: 57.212, 57.517
What it said to watch
Warsh at 03:30 UTC is the main risk to this read; hawkish tightening signals would likely deepen the pullback
M15 close below the 56.99 50% fib exposes the 56.834 swing low, where a break would end the NY HL chain
Reclaim of 57.212 prior high would mark the Asia dip as a shallow pullback within the uptrend