Silver collapsed from Tuesday's 71.54 high in a sharp, persistent selloff after the hawkish Fed dot-plot and a hot retail-sales print pared rate-cut hopes, shedding more than six points to print 65.06 before flattening near 65.65. Price trades well below EMA20 and EMA50 with RSI(14) oversold, and the last several bars have stalled in a tight 65.5-65.8 band after the drop. The 66.81 prior-support shelf and 66.11 now sit overhead as the first areas to watch for rejection or recovery.
Support: 65.061, 65.00
Resistance: 66.11, 66.81
What it said to watch
Hourly close back above 66.11 would ease the downside pressure
Loss of the 65.06 swing low extends the decline toward 65.00 and below
S&P Global PMIs (Jun 23) a near-term catalyst that could shift this read
23:03 UTC
Downtrend, momentum heavy · RSI 33 · price 65.648
Lower highs, lower lows; basing at week low.
Silver collapsed from Monday's $71.5 spike, sliding through the $69-71 range after Wednesday's hawkish Fed hold and a hot retail-sales print pared rate-cut hopes. H1 has held a clean downtrend since the NY break — successive lower highs, price pinned below EMA20 and EMA50. The last several bars are consolidating just above the $65.06 week low with RSI(14) depressed near 33.
Support: 65.061, 65.00
Resistance: 66.81
What it said to watch
Failure to hold 65.061 confirms a fresh lower-low and opens 65.00
An H1 close back above 66.81 would challenge the downtrend structure
S&P Global PMIs (Jun 23) could materially shift the USD/metals read
Lower highs and lower lows since Wednesday's Fed reversal.
Silver spiked to 71.54 Monday on the US-Iran deal, then Wednesday's Fed hold paired with hawkish dots and a hot retail-sales print reversed it, with a sharp leg to 66.8. Price has since faded steadily to new lows, breaking below the 66.81 support which now flips to overhead resistance. Trading well under both EMAs with RSI(14) deep in oversold territory.
Support: 65.00
Resistance: 66.81
What it said to watch
Reclaim of 66.81 support flip would invalidate the breakdown read
Failure to hold 65.00 psych confirms continuation of lower lows
S&P Global PMIs Jun 23 could materially shift this read via USD
Silver has bled lower since Wednesday's Fed hold and hawkish dot-plot, compounded by a hot retail-sales beat that pared cut hopes; price has unwound from the 71.54 weekly peak through the 66.81 support shelf. Trading at 65.70 near the session low with RSI(14) oversold and price well below both EMAs, the breakdown remains in force. The 66.81 zone that capped prior demand now sits overhead as resistance.
Support: 65.00
Resistance: 66.81
What it said to watch
H1 close back above 66.81 would ease the breakdown read
Failure to hold 65.00 opens further downside extension
S&P Global PMIs Jun 23 (USD catalyst) could materially shift this read
Silver has unwound the entire week's rally, sliding from Tuesday's 71.54 peak to a fresh week low at 65.06 after Wednesday's hawkish Fed hold and a hot retail-sales beat repriced rate-cut hopes. Price sits well below EMA(20) and EMA(50) with RSI(14) pinned in oversold territory; the 66.81 prior-support level has flipped to overhead supply. Each NY-session attempt at relief has been capped, keeping the lower-high, lower-low structure intact.
Support: 65.061, 65.00
Resistance: 66.81
What it said to watch
Hourly close back above 66.81 needed to challenge the lower-high sequence
Loss of 65.00 psych extends the breakdown
S&P Global PMIs (Jun 23) and Core PCE (Jun 25) are the key catalysts that could shift this read
21:05 UTC
Downtrend, accelerating · RSI 31 · price 65.705
Lower highs and lower lows, fresh week low.
Silver has unwound the entire Monday spike to $70.70, the slide accelerating after Wednesday's hawkish Fed hold and a hot Retail Sales print firmed the USD and pared rate-cut hopes. Price is pinned well below EMA20 and EMA50 with RSI in oversold territory, printing a fresh week low at 65.06 before a shallow bounce to 65.70. Each session since the Fed has driven a lower high, with 66.81 prior support now capping.
Support: 65.061, 65.00
Resistance: 66.81
What it said to watch
Failure to hold 65.00 opens the path to extend the week's decline
Reclaim of 66.81 would ease the downside pressure and signal a base
S&P Global PMIs Jun 23 could materially shift the USD and this read
20:03 UTC
Downtrend, momentum heavy · RSI 34 · price 65.768
Lower highs, lower lows since Tuesday.
Silver has been in a steep slide all week, dropping from the 71.54 spike high toward 65 after the hawkish FOMC hold and the US-Iran framework stripped out the haven premium. The sharp leg lower came in the NY session with price collapsing through 68.59 (200-day SMA) and 66.81, both now acting as caps overhead, while RSI(14) sits near oversold around 33. Price is parked just above the 65.06 swing low with EMA20 and EMA50 well overhead.
Support: 65.061, 63.80
Resistance: 66.81, 68.59
What it said to watch
Failure to hold 65.06 swing low opens the deeper 63.80 support
Reclaim of 66.81 prior support would ease the downside pressure
S&P Global PMIs Jun 23 could reinforce the hawkish-Fed read pressuring silver
Silver has bled steadily since Monday's $71.54 spike high, with the post-Fed reversal accelerating as hawkish dots and a hot retail sales beat capped upside while the US-Iran framework stripped the haven premium. Price is pinned below both EMA(20) and EMA(50) and has now slipped through the $66.81 support shelf, printing a fresh session low at 65.06. RSI(14) near 30 reflects how stretched the decline is, but each NY-session bounce has stalled under a falling lower-highs line.
Support: 65.061, 63.80
Resistance: 66.81
What it said to watch
Hourly close back above 66.81 would neutralise the breakdown read
Acceptance below 65.06 opens the path toward 63.80
S&P Global PMIs Jun 23 could reinforce the hawkish-Fed cap
Silver round-tripped this week: it rallied from Monday's ~67.5 open to a 71.54 peak on the US-Iran deal and soft USD, then collapsed after Wednesday's hawkish Fed hold and the hot retail sales beat, slicing through the 200-day SMA at 68.59 and the 66.81 support. Price has trended below EMA20 and EMA50 since the NY session Wednesday, with RSI(14) pinned near oversold as each pullback fails into lower highs. Now sitting on the 65.76 session low after a sustained selloff.
Support: 65.756, 65.00
Resistance: 66.81, 68.59
What it said to watch
Hourly close back above 66.81 would neutralise the breakdown read
Failure to hold 65.76 opens the path toward 65.00 psych
S&P Global PMIs Tue Jun 23 13:45 UTC could materially shift this read
Silver has trended lower since Tuesday's $71.50 peak, accelerating through a sharp post-FOMC drop after the hawkish hold and a hot retail sales beat. Price now sits at the week's low near 65.76, well below EMA20 and EMA50 with RSI(14) pressed into oversold territory. The 66.81 level — prior support during the week — has flipped to overhead resistance.
Support: 65.75, 65.00
Resistance: 66.81, 67.55
What it said to watch
H1 close back above 66.81 would ease downside pressure and open the 67.55 swing high
Failure to hold 65.75 confirms continuation of lower lows toward the 65.00 psych level
S&P Global PMIs Tue 13:45 UTC could extend USD strength and pressure XAG further
18:03 UTC
Downtrend, extended · RSI 34 · price 66.029
Lower highs, lower lows after sharp breakdown.
Silver collapsed from Monday's ~$70.70 high, with the US-Iran haven premium unwinding and the post-Fed hawkish tone plus hot retail sales capping the bounce. The selloff accelerated through $68.59 (200-day SMA) and never looked back, dropping toward $65.75 with RSI(14) pinned in oversold territory. Prior support at $66.81 has flipped to resistance, and price sits well below both H1 moving averages.
Support: 65.75, 63.80
Resistance: 66.81, 68.59
What it said to watch
Reclaim of 66.81 would flip near-term tone back constructive
Loss of 65.75 swing low exposes the 63.80 region
S&P Global PMIs (Jun 23) is the next catalyst that could extend or reverse this move
18:03 UTC
Downtrend, stabilizing near lows · RSI 36 · price 66.029
Lower highs and lower lows, basing above 66.00.
Silver collapsed from Tuesday's 71.54 spike high straight through the 200-day SMA, the post-FOMC hawkish dots and a hot 0.9% retail-sales beat draining the US-Iran haven premium. Price has carved a clean series of lower highs since and is now basing just above the 66.00 round number and the 65.75 week low, with RSI(14) near 36 reflecting stretched downside momentum. The descending lower-high line off 69.84 has capped every NY-session bounce this week.
Support: 66.00, 65.75, 63.80
Resistance: 67.55
What it said to watch
H1 close below 65.75 confirms a fresh lower-low and exposes 63.80
Reclaim of 67.55 breaks the descending lower-high line and eases pressure
S&P Global PMIs (Jun 23, 13:45 UTC) are the next material catalyst for this read
Silver has unwound the entire Monday-to-Wednesday advance, peeling from the 71.54 high to fresh week lows near 65.86 as the post-Fed hawkish read and the drained US-Iran haven premium weighed. Price sits well below both EMAs after a clean break of the upper-$68s, with RSI(14) deeply oversold near 22 confirming the momentum of the leg. The 66.99 session high now caps, and the 67.55 swing high marks the first overhead supply.
Support: 65.86
Resistance: 66.99, 67.55
What it said to watch
Loss of 65.86 week low extends the lower-low sequence
Reclaim of 66.99 session high would ease the immediate downside pressure
S&P Global PMIs (Jun 23) and Core PCE (Jun 25) are the next catalysts that could shift this read
17:03 UTC
Downtrend, accelerating since Wednesday · RSI 34 · price 66.087
Lower highs and lower lows off the weekly top.
Silver has unwound the entire US-Iran-peace pop, topping at 71.54 before a hawkish FOMC and a 0.9% retail-sales beat drove a sharp leg down through the upper-$68s and into the mid-$66s. Price is pinned below both EMA(20) and EMA(50) with each NY-session bounce capped by lower highs; RSI(14) sits near 33 after a sustained slide. The 65.86 session low and 66.00 psych level are the immediate floor under watch.
Support: 65.864, 66.00, 66.792
Resistance: 66.986, 68.59
What it said to watch
Loss of 65.86 confirms continuation of the lower-low sequence toward 66.79 demand below
Hourly close back above 66.99 would break the recent lower-high run
Reclaim of the 68.59 200-day area would neutralise the downtrend read
S&P Global PMIs (Jun 23) are the next catalyst and could shift this read
16:03 UTC
Downtrend, accelerating · RSI 35 · price 66.214
Lower highs, breakdown to week lows.
Silver ripped to 71.54 early week on the US-Iran framework, then unwound the entire move in yesterday's NY session as the hawkish Fed dots and a hot retail-sales beat capped the rally and pushed price back through the 68s. Price is now pinned at week lows near 66.00, trading well below EMA20 and EMA50 with RSI sub-40. The 200-day SMA at 68.59 has flipped from support to overhead reference.
Support: 65.902, 66.00
Resistance: 68.59
What it said to watch
H1 close below 65.90 confirms the lower-low and opens the 63.80 region
Reclaim of 68.59 (200-day sma) would neutralise the breakdown read
S&P Global PMIs (Jun 23) are the next high-impact catalyst for USD and the metal
Silver collapsed from the ~71.54 weekly high through the NY session, shedding over 5 points as the US-Iran de-escalation wrung out the haven premium and the hawkish Fed dots plus the retail-sales beat capped any recovery. Price now sits in the mid-66s, well below EMA20 and EMA50, with RSI cycling in the high-30s. Structure is a clean downtrend of lower highs since the 71.54 false break.
Support: 65.90
Resistance: 67.55
What it said to watch
Loss of 65.90 confirms a fresh lower low and exposes the low-65s
Reclaim of 67.55 would be the first crack in the lower-high sequence
S&P Global PMIs (Jun 23) are the next high-impact catalyst and could shift this read
15:04 UTC
Downtrend, accelerating · RSI 32 · price 66.388
Lower highs, broke 200d sma and $70.
Silver broke down hard from this week's 71.54 peak, slicing through the $70 pivot and the 200-day SMA near 68.59 as a hawkish Fed hold and hot US retail sales firmed the dollar. RSI(14) sits near 32 with price pinned well below EMA20 and EMA50, and bounces into 66.81 have been sold. The 66.03 swing low is the immediate floor after the latest leg lower.
Support: 66.034, 66.00
Resistance: 66.81, 68.59
What it said to watch
H1 close back above 68.59 200-day SMA would neutralise the breakdown
Failure to hold 66.03 swing low opens further downside
S&P PMIs Jun 23 are the next USD catalyst and could shift this read
15:04 UTC
Downtrend, accelerating · RSI 32 · price 66.388
Lower highs, lower lows after rejection at 71.50.
Silver has unwound the entire early-week Hormuz-driven rally, rejecting hard at the 71.50 swing high and selling off through the 200-day SMA (~68.59) and the $66.81 support into the NY session. The hawkish Fed hold and the hot retail sales beat capped each bounce, and price now sits at 66.39 just above the 66.03 swing low with RSI(14) pressed into oversold near 31. Every intraday recovery this week has been sold into a descending line of lower highs.
Support: 66.034, 66.00
Resistance: 68.59
What it said to watch
Failure to hold 66.03 confirms continuation of the lower-low sequence
H1 close back above 67.55 would break the lower-high chain
Reclaim of the 200-day SMA ~68.59 needed to neutralise the downtrend
S&P Global PMIs (Jun 23) could materially shift the USD-driven read
Silver was rejected at the 71.54 spike high and dumped through the NY session, slicing the 200-day SMA at 68.59 and the 100-day cap with it as the US-Iran de-escalation drained the haven bid and the hawkish FOMC plus hot retail sales weighed. Price now sits on the 66.81 support after printing a 66.32 swing low, with RSI(14) near 31 and price well below EMA20/EMA50. The sequence of lower highs from 71.54 keeps the intraweek structure heavy.
Support: 66.324, 63.80
Resistance: 68.59
What it said to watch
H1 close below 66.32 swing low reopens the 63.80 support
Reclaim of the 200-day at 68.59 would neutralise the breakdown read
S&P flash PMIs Tue and Core PCE Thu could materially shift this read
Silver topped with a false break to 71.54 Tuesday before collapsing through the 200-day SMA at 68.59, and the slide has continued into the NY session with price pinned on the 66.81 pivot. US-Iran de-escalation has drained the haven bid while the hawkish Fed and hot retail sales lean against the metal. RSI(14) sub-40 and price holding well below EMA20/EMA50 confirm sellers in control on this timeframe.
Support: 66.81, 66.32
Resistance: 68.59
What it said to watch
H1 close below 66.32 confirms a fresh lower low and reopens the 63.80 zone
Reclaim of the 200-day SMA at 68.59 would neutralise the downtrend read
Flash PMIs Tue Jun 23 could materially shift the USD/silver read
Silver has unwound the post-Iran-deal squeeze, sliding from this week's 71.54 high back under 67.00 after the Fed held at 3.75% and hot US Retail Sales (+0.9%) capped the metal. Price is trading well below both EMA(20) and EMA(50) with RSI(14) pressed near 33, and the breakdown through 67.79 has left consecutive lower highs intact. The session low at 66.32 is the immediate floor, with the 200-day SMA near 68.59 now an overhead reference.
Support: 66.324, 66.191
Resistance: 67.79, 68.59
What it said to watch
H1 close below 66.32 session low exposes deeper toward the 66.19 swing low
Reclaim of the 67.79 breakdown level needed to ease the downside pressure
Today's US Jobless Claims and Philly Fed could extend or relieve the USD-driven move
The post-Hormuz rally to 71.54 has fully unwound — silver sold off sharply through the 200d sma and the 67.79 broken low, with the steep leg lower coinciding with a hawkish Fed hold and hot US Retail Sales firming the USD. Price is now pressing the wk low at 66.32 with RSI(14) pinned in oversold territory and well below both EMAs. The round number at 66.00 sits just beneath as the next reference.
Support: 66.324, 66.00
Resistance: 67.79, 68.59
What it said to watch
Loss of 66.32 wk low exposes the round number at 66.00 and deeper toward 63.80
Reclaim of the 200d sma at 68.59 would neutralise the breakdown read
US Jobless Claims / Philly Fed today (12:30 UTC) could extend or arrest the selloff
Silver round-tripped this week, peaking at 71.54 before a sharp two-bar flush from 71.30 toward 66.80 as the Iran-deal risk premium deflated and the post-Fed hawkish dot-plot weighed. Price is pinned below EMA20 and EMA50 with RSI(14) near 31, and the 200-day SMA at 68.59 has flipped from support to resistance. Each bounce into the NY session has been capped lower, leaving price probing the 66.81 break level.
Support: 66.81, 63.80
Resistance: 68.59
What it said to watch
H1 close below 66.81 opens 63.80
Reclaim of 68.59 needed to neutralise the breakdown
Jobless Claims and Philly Fed at 12:30 GMT could extend or reverse the slide
Silver rolled over hard from the 71.54 week high, shedding nearly 5 points into the NY session as the hawkish Fed dot-plot repricing firmed the USD and the Iran risk premium kept deflating. Price is trading below both EMA20 and EMA50 with RSI(14) near 29, and the latest leg printed a fresh swing low at 66.57. The 67.97 prior high now caps any bounce while the 66.19 week low sits just beneath current trade.
Support: 66.57, 66.19
Resistance: 67.97
What it said to watch
Loss of the 66.57 swing low opens the 66.19 week low, then 63.80
H1 close back above 67.97 prior high would ease the downside pressure
US Jobless Claims and Philly Fed at 12:30 GMT could materially shift this read
11:02 UTC
Downtrend, bounce faded · RSI 39 · price 67.709
Lower highs since yesterday's selloff, below EMA20/50.
Silver sold off violently from ~71.55 in yesterday's NY session as the geopolitical risk premium deflated (US-Iran MoU, oil lower) and the post-Fed hawkish dots weighed; the panic low printed 66.79. The recovery into the NY-Asia transition stalled at 69.84 and price has since rolled back under the 68.59 area, trading below EMA20 and EMA50 with RSI sub-midline. Lower highs are stacking as the bounce fades.
Support: 66.79
Resistance: 68.59, 69.84
What it said to watch
H1 close back above 68.59 would challenge the bearish read
Loss of 66.79 week low opens the path lower
Jobless Claims / Philly Fed at 12:30 GMT could shift this read
Rolling over below EMAs, retracing the recovery leg.
Silver crashed Tuesday from 71.50 to a 66.79 week low as the Iran-deal risk premium deflated and the hawkish Fed hold firmed the dollar. The bounce to 69.85 stalled and price has carved a clean series of lower highs through the NY session, slipping back under both EMAs to retest 67.70 with RSI(14) holding sub-50. The 68.59 prior-support shelf, now overhead, has capped the latest attempts.
Support: 67.01, 66.79
Resistance: 68.59, 69.85
What it said to watch
US Jobless Claims and Philly Fed at 12:30 GMT could materially shift this read
An H1 close back above 68.59 negates the lower-high sequence
Loss of 67.01 opens the path to the 66.79 week low
Lower highs after sharp selloff, basing near 68.00.
Silver swept the 71.54 high before collapsing to 66.79 in a two-bar slide as the Iran-deal risk premium deflated and a hawkish Fed hold underpinned the USD. The bounce stalled at 69.84 and price has since carved lower highs back toward 68.00, now pinned under the 200-day SMA at 68.59. RSI sits in the low 40s with momentum subdued.
Support: 68.00, 66.79
Resistance: 68.59, 69.26
What it said to watch
Reclaim of 68.59 (200d sma) and a close above 69.26 would unwind the lower-high sequence
Loss of 68.00 session low opens the 66.79 prior low
US Jobless Claims and Philly Fed at 12:30 GMT could shift the read
Silver spiked to 71.54 midweek then collapsed ~2.6 points in two bars — a false break that flipped the H1 tape lower. Price bounced to 69.84 into the NY session but has since faded back under the 68.59 200-day SMA and sits below both EMA20 and EMA50 with RSI(14) under the midline, matching the post-Fed hawkish-hold tone. Loss of 68.07 leaves 67.05 as the next reference.
Support: 68.07, 67.05, 66.81
Resistance: 68.59, 69.84
What it said to watch
US Jobless Claims & Philly Fed at 12:30 GMT could move the read
H1 close below 68.07 confirms a lower-low toward 66.81
Reclaim of 68.59 200d sma needed to challenge the 69.84 bounce high
Silver spiked to 71.54 mid-week then sold off hard to 66.79, the reversal lining up with the hawkish-leaning Fed and a strong retail sales print firming yield expectations. The bounce to 69.84 has since faded into a sequence of lower highs, and price is now drifting back below the 200d SMA at 68.59 with RSI(14) sub-50. Demand around 67.00 held the initial flush.
Support: 67.01, 66.79
Resistance: 68.59
What it said to watch
H1 close back above 68.59 needed to ease downside pressure
Loss of 67.01 swing low exposes the 66.79 week low
Jobless Claims / Philly Fed at 12:30 UTC could shift this read
Silver spiked to 71.54 before a sharp two-bar collapse to 66.79, unwinding most of the week's relief rally as the hawkish-leaning FOMC and a hot retail sales print firmed yield expectations. Price recovered toward 69.85 but has since faded back below the 200d SMA at 68.59, printing lower highs and now sitting under both EMA(20) and EMA(50). RSI(14) sits in the low 40s, reflecting the loss of upside momentum into the NY session.
Support: 66.79
Resistance: 68.59, 69.85
What it said to watch
Today 12:30 UTC Jobless Claims / Philly Fed could materially shift this read
Reclaim of 68.59 200d sma needed to ease downside pressure
Loss of 66.79 crash low confirms a deeper lower-low
Sharp reversal off 71.54 spike, lower highs into stall.
Silver surged near 4% off Monday's open to a 71.54 week high before a sharp reversal wiped out most of the gains, as the FOMC hold with hawkishly lifted dots and a hot retail sales beat repriced the Fed. Price bounced to 69.84 but is now fading back below the 200-day SMA at 68.59, the week's bull/bear pivot. RSI in the mid-40s reflects lost upside momentum after the spike rejection.
Support: 66.79
Resistance: 68.59, 69.84
What it said to watch
Hourly close back above 68.59 (200d sma) needed to reclaim the week pivot
Loss of 66.79 week low confirms the rejection extends
US Jobless Claims / Philly Fed at 12:30 UTC could shift the USD read
Lower highs since FOMC spike-down, testing 200d sma from below.
Monday's US-Iran-driven surge tagged 71.54 before the hawkish FOMC repricing slammed silver to 66.79 in two bars; the metal recovered toward 69.84 but has since rolled over and now sits just under the 200-day SMA at 68.59. Price trades below both EMA20 and EMA50 with RSI(14) near 43, and lower highs have formed across the NY-Asia transition. The 68.59 pivot, recently lost, is now the area to watch for rejection or reclaim.
Support: 67.85, 66.79
Resistance: 68.59, 69.84
What it said to watch
H1 close back above 68.59 reopens the 69.84 swing high
Failure to hold 67.85 exposes the 66.79 FOMC low
US Jobless Claims / Philly Fed Thu 12:30 UTC could shift the USD-yield read
After Monday's surge to the 70.70 zone, silver was hit hard mid-week as the hawkish FOMC and the 0.9% retail sales beat repriced US yields, spiking down to 66.79 before recovering. Price is now consolidating around 68.90, just above the 200-day SMA pivot at 68.59, holding below EMA20 and EMA50. The 69.85 area has capped the recovery, marking a lower high.
Support: 68.59, 66.79
Resistance: 69.85, 70.50
What it said to watch
Loss of 68.59 (200-day sma) opens the FOMC-spike low at 66.79
Reclaim of 69.85 needed to re-test 70.50 week resistance
Jobless Claims / Philly Fed at 12:30 UTC could shift this read
07:03 UTC
Downtrend after FOMC, now consolidating · RSI 45 · price 68.937
Lower high set, holding above 200d sma.
Silver's Monday surge to 71.54 stalled below the 70.50 week resistance, then collapsed through the NY session as the hawkish FOMC and hot retail sales repriced the Fed, sweeping price down to 66.79. The bounce since has been capped at 69.84, leaving a clear lower high while price chops just above the 200-day SMA at 68.59. RSI(14) is mid-range near 45 and price sits below both EMA(20) and EMA(50).
Support: 68.59, 68.48, 66.79
Resistance: 69.84, 70.50, 71.54
What it said to watch
Hourly close below 68.59 (200d sma) reopens 66.79 week low
Reclaim of 69.84 recent high needed to challenge 70.50 week resist
US Jobless Claims / Philly Fed 12:30 UTC could shift this read
Lower high after rejection, holding above 200-day SMA.
Silver gapped higher into Monday and ran to 71.54 before the hawkish FOMC dot-plot revision and the hot 0.9% retail sales beat triggered a violent reversal back to 66.79. Price has since recovered to consolidate in the high-68s, stalling under the 69.72 session high while clinging to the 200-day SMA at 68.59. The bounce off the lows has carved higher lows but momentum stays capped below the week's broken structure.
Support: 68.59, 66.79
Resistance: 69.72, 70.50, 71.54
What it said to watch
H1 close below the 200-day sma at 68.59 opens the path back toward 67.00 and the week low
Reclaim of 70.50 week res would repair the rejection structure
Powell presser / follow-through Fedspeak could materially shift this read
06:02 UTC
Pullback from highs, consolidating at pivot · RSI 46 · price 68.914
Lower high after 71.30 rejection, holding 68.59 pivot.
Silver spiked to 71.54 then collapsed near 4 points into the FOMC, the hawkish dot-plot revision and a hot retail sales beat repricing real yields against the metal. Price has since stabilised in a 67.90–69.35 band and sits right on the 200-day SMA pivot at 68.59, below both H1 EMA(20) and EMA(50). Recent bounces have made successively lower highs, capping the recovery short of the 70.50 zone that stalled the week's rally.
Support: 68.59, 66.79
Resistance: 69.35, 70.50
What it said to watch
H1 close below 68.59 confirms loss of the pivot, exposing 66.79
Reclaim of 70.50 needed to negate the rejection
US Jobless Claims & Philly Fed at 12:30 UTC could shift the read
Lower highs since the 71.54 reversal, holding above 200dma.
Silver spiked to 71.54 then fully reversed in NY hours, dropping nearly 3 dollars to 66.79 as a hawkish FOMC and a hot retail sales beat repriced US yields. Price recovered to retest 69.72 but has since faded under that and now sits at 68.94, just above the 200-day pivot at 68.59, trading below both EMA20 and EMA50. The bounce is stalling against descending lower highs.
Support: 68.59, 66.79
Resistance: 69.72, 70.50, 71.54
What it said to watch
Loss of 68.59 200dma opens the path back toward 66.79
Reclaim of 69.72 and then 70.50 would reverse the lower-high sequence
US Jobless Claims / Philly Fed at 12:30 UTC could shift the read
Silver's run to the 71.54 week high was violently rejected on the FOMC hold and hawkish dot-plot, with two H1 bars wiping ~4.5 points down to 66.79 before buyers reclaimed the 200-day SMA at 68.59. Price has recovered to a 69.84 session high but is fading back toward 68.94, holding mid-range of the FOMC drop. RSI sits near 47 with price below both EMA20 and EMA50, reflecting the loss of upside momentum.
Support: 68.59, 66.79
Resistance: 69.84, 70.50, 71.54
What it said to watch
Powell presser could materially shift this read in the next bars
H1 close below 68.59 (200-day sma) confirms loss of the reclaim and opens the crash low
Recovery above 70.50 week res would re-engage the prior range top
Silver ran from Monday's ~$68 reopen to a $71.54 peak before a sharp two-bar collapse to $66.79 wiped the spike out, a clear false break above the $70.50 resistance into the FOMC repricing. Price has since clawed back to $69.29 and is basing above the 200-day SMA at $68.59, with RSI in the mid-40s after the washout. The hawkish dot-plot and hot retail sales beat keep the recovery capped below $70.50.
Support: 68.59, 66.79
Resistance: 70.50, 71.54
What it said to watch
FOMC press conference live now — the swing factor for the next bars
Hourly close below 68.59 reopens the spike low at 66.79
Reclaim of 70.50 needed to re-engage the week high at 71.54
04:03 UTC
Sharp reversal off week high, base building · RSI 47 · price 69.286
Silver spiked to the 71.54 week high during the NY session yesterday then violently reversed on the hawkish FOMC and hot retail sales print, slicing to 66.79 before clawing back to 69.30. Price has reclaimed the 200-day SMA at 68.59 and is consolidating below the 69.84 session high, sitting under both EMA(20) and EMA(50). RSI(14) near 46 reflects the deep flush and only partial recovery.
Support: 68.59, 66.79
Resistance: 69.84, 70.50, 71.54
What it said to watch
Failure to hold the 200d sma at 68.59 reopens the 66.79 fomc low
A close above 70.50 resistance would repair the post-FOMC damage
Powell presser / US jobless claims could materially shift this read
Silver spiked to 71.54 then sold off hard to 66.79 as a hawkish FOMC and the 0.9% retail sales beat repriced the Fed. Price has since recovered to a 69.85 bounce high before fading back toward the 200-dma at 68.59, the level it reclaimed Monday. RSI(14) sits mid-range near 46 with price slipping back below EMA20.
Support: 68.59, 66.79
Resistance: 69.85, 70.50
What it said to watch
H1 close below 68.59 (200-dma) opens the path to the 66.79 week low
Reclaim above 69.85 bounce high reopens the 70.50 week cap
Powell presser / jobless claims could materially shift this read
Spike high swept, recovery stalling under resistance.
Silver spiked to 71.54 then collapsed to 66.79 as the hawkish FOMC dot-plot and a hot retail sales beat repriced the Fed, leaving a clean upside false break. Price has since recovered toward 69.84 but is fading back under EMA(20)/EMA(50), now hovering at the 200-day SMA pivot near 68.59. RSI(14) sits mid-range around 46 after the washout.
Support: 68.59, 66.79
Resistance: 69.84, 70.50, 71.54
What it said to watch
Hold or break of the 200-day SMA at 68.59 is the bull/bear pivot
H1 close above 70.50 reopens the path toward 71.54
US Jobless Claims and Philly Fed (12:30 UTC) could shift this read
False break of 71.54, flush to 66.79, bounce stalling.
Silver ran from ~68 to a 71.54 spike high this week on the US-Iran/weaker-USD trade, then the hawkish FOMC dots and a hot retail sales beat triggered a sharp rejection that flushed price to 66.79 before a recovery back toward 69.30. Price now trades below both the EMA20 and EMA50 with RSI(14) climbing back toward the midline, mid-way into the 71.54-66.79 collapse. The 200-day SMA at 68.59 sits just beneath as the week's reclaim pivot.
Support: 68.59, 66.79
Resistance: 70.50, 71.54
What it said to watch
H1 close below 68.59 (200d sma) confirms loss of the week's reclaim
Reclaim of 70.50 (week res) reopens the 71.54 week high
US Jobless Claims & Philly Fed at 12:30 UTC could shift this read
Wednesday's hawkish FOMC (dots lifted to 3.8%) and the 0.9% retail beat sent silver violently lower from the 71.54 week high to 66.79 before buyers stepped in, retracing the move back toward 69.30. Price now sits below EMA20/EMA50 but has reclaimed the 200-day SMA at 68.59, with a series of rising lows since the spike low. The 70.50 region remains the cap that contained the whole week's rally.
Support: 68.59, 66.79
Resistance: 70.50, 71.54
What it said to watch
Hold above the 200d sma at 68.59 keeps the recovery intact; failure reopens 66.79
Reclaim of 70.50 resistance would negate the post-FOMC rejection
Initial Jobless Claims + Philly Fed (12:30 UTC) could reprice this read
Silver spiked to a 71.54 week high before collapsing nearly five dollars to 66.79 as the hawkish FOMC and a hot retail sales beat repriced the Fed. Price has since clawed back to 69.50, holding above the 200-day sma at 68.59 but still capped well below the 70.50 resistance that contained gains all week. RSI(14) has cycled back to neutral near 49 after the washout.
Support: 68.59, 66.79
Resistance: 70.50, 71.54
What it said to watch
H1 close back above 70.50 reopens the path to the 71.54 week high
Failure to hold the 68.59 200-day sma confirms loss of the week's reclaim
Initial Jobless Claims / Philly Fed at 12:30 UTC could shift this read
01:03 UTC
Volatile, rebounding off lows · RSI 48 · price 69.503
Spike high swept, lower reclaim.
Silver spiked to 71.54 then crashed to 66.79 on the hawkish FOMC dot-plot and the 0.9% retail sales beat, sweeping below the 200d sma before reclaiming it and recovering toward 69.50. Week res at 70.50 capped earlier attempts this week, and price now sits just under EMA20 after the rebound. RSI(14) has reset back to the mid-40s following the flush.
Support: 68.59, 66.79
Resistance: 70.50, 71.54
What it said to watch
Close back below 200d sma (68.59) reopens the 66.79 swept low
Reclaim of 70.50 week res needed to resume the rebound
Powell presser / jobless claims could materially shift this read
Rejection below 70.50, sharp drop, recovering into 68.59 pivot.
Silver rallied off ~$68 since Monday's session but stalled below $70.50 twice this week. A hawkish FOMC dot-plot and a hot retail sales beat then triggered a sharp reversal — the spike to $71.54 was rejected and price collapsed to $66.79 before recovering toward the $68.59 200-day SMA pivot. Price sits below EMA20/50 with RSI(14) near 41 after basing from the FOMC washout.
Support: 66.79
Resistance: 68.59, 70.50, 71.54
What it said to watch
Reclaim and hold of 68.59 200-dma keeps the recovery alive; rejection here keeps the post-FOMC drop dominant
Failure below 66.79 confirms a fresh lower low
Powell presser live now — a hawkish lean could pressure this read further
A close back above 70.50 reopens the week-high zone
00:03 UTC
Uptrend reversed, sharp pullback off the highs · RSI 44 · price 68.499
Lower high then deep sweep, recovering into 200-day SMA.
Silver crashed during the NY session from the 71.54 peak to 66.79 before snapping back toward the 200-day SMA at 68.59, where the last close sits. The reversal followed the hawkish FOMC dot-plot lift (3.8%/3.6%) and a hot 0.9% retail sales beat, repricing real yields against the non-yielding metal. Price now trades below both H1 EMAs, with the 200-day SMA the immediate pivot.
Support: 67.93, 66.79
Resistance: 68.59, 69.15
What it said to watch
An hourly close above 68.59 (200-day sma) keeps the recovery alive toward 69.15
Failure to hold 67.93 reopens the 66.79 sweep low
FOMC press conference live now is the swing factor for the next bars
Initial Jobless Claims / Philly Fed Thu 12:30 UTC could reset the read