Lower highs from 57.755 and 57.418; Asia broke below the NY low.
Early Asia session broke the NY low near 57.056 and the 57.00 pivot, printing a session low at 56.818, as firmer US yields kept a lid on silver. Lower highs at 57.755 and 57.418 define a falling trendline, and RSI(14) is near 27 without reaching an extreme.
Support: 56.818, 56.50
Resistance: 57.00, 57.056, 57.418
What it said to watch
Reclaim of the 57.00 pivot and the NY low at 57.056 would turn the Asia break into a false break
Failure to hold the 56.818 session low exposes the 56.50 round number
The 50% fib retrace of the 57.418–56.818 drop sits at 57.118, near the falling trendline around 57.14
An M15 close above the 57.418 swing high negates the lower-high sequence
23:31 UTC
Downtrend, lower highs since London · RSI 26 · price 56.88
NY base 57.02–57.06 broken in early Asia; fresh lower low at 56.818.
Monday's 57.84 high faded through London and NY as USD and yields firmed. NY held a 57.02–57.06 prior base before thin early-Asia trade broke the 57.00 psych level to a 56.818 session low, with RSI(14) near 26 and price below both EMAs.
Support: 56.818, 56.50
Resistance: 57.00, 57.06, 57.418
What it said to watch
M15 close back above 57.00 psych and the 57.06 prior base, which also sits at the 38.2% fib of the drop from the 57.418 NY high, would mark the break as a false break
Failure to hold the 56.818 session low extends the lower-low chain toward the 56.50 round number
US housing starts and permits at 12:15 UTC Tue could shift the read once London and NY liquidity returns
Lower highs from 57.84; 57.00 pivot broken in early Asia.
Lower highs ran from 57.84 in Monday Asia through 57.76 in London and 57.42 lower high in late NY, with the 57.06/57.02 NY lows giving way in the new Asia session. Price has slipped through the 57.00 psych pivot to a 56.86 session low with RSI(14) near 23, while the hot US data backdrop keeps rallies capped.
Support: 56.864, 56.50
Resistance: 57.00, 57.08, 57.418
What it said to watch
A reclaim of the 57.00 psych pivot would turn the Asia break into a false break
A close above the 57.08 session high and the descending lower-highs line near 57.17 breaks the lower-high chain; 57.42 lower high is the next cap
Failure to hold the 56.86 session low leaves the 56.50 round number as the next marked level
Tue 12:15–14:00 UTC housing starts, permits and ADP could shift the read via yields and USD
Lower highs from 57.84; Monday low broken in Tuesday Asia.
Early Tuesday Asia session broke below Monday's 57.02 prior low and the 57.00 pivot, printing a 56.875 session low. This extends the lower-high chain from the 57.84 Asian high, which accelerated at the NY open as the US 10y rose about 7bp to 5.13%. RSI(14) is near 26, price is below both EMAs, and the 57.42 lower high caps the descending trendline.
Support: 56.875, 56.50
Resistance: 57.02, 57.418
What it said to watch
Reclaim of the 57.02 prior low and 57.00 would mark the Asia break as a false break
Failure to hold the 56.875 session low opens the 56.50 round number
M15 close above the 57.42 lower high breaks the lower-high trendline
Tue 12:15–14:00 UTC ADP, housing starts and pending home sales could shift the read via USD and yields
Lower-high chain from the 57.84 Asian high; prior low broken in early Asia.
Monday printed a lower-high sequence from the 57.84 Asian high to the 57.418 lower high in NY, with firmer US yields capping each bounce. The thin early Asia session has now broken the 57.02 prior low and the 57.00 pivot to a 56.881 session low. RSI(14) near 35 is not stretched.
Support: 56.881, 56.50
Resistance: 57.02, 57.418
What it said to watch
Recovery back above the 57.02 prior low would turn the break into a false break
A close above the 57.418 lower high and the descending trendline negates the lower-high chain
Retrace to 57.25 (38.2% fib, descending trendline) is the first area to watch for rejection
Acceptance below the 56.881 session low leaves the 56.50 round number as the next reference
22:32 UTC
Intraday downtrend, lower highs since Asian high · RSI 36 · price 56.999
LH/LL chain; NY double low broken, gap nearly filled.
Monday's opening gap above Friday's 56.977 close has almost fully unwound. Lower highs ran from the 57.84 Asian high to the 57.755 London high and the 57.418 lower high, and the NY low double base at 57.06 gave way after the daily rollover. Early Asia is now pressing the $57.00 pivot just above the gap fill. RSI(14) is near 36, with firmer US yields keeping the metal heavy.
Support: 56.977, 56.50
Resistance: 57.058, 57.418, 57.755
What it said to watch
Sustained trade below the 56.977 gap fill extends the lower-low sequence toward the 56.50 round number
Reclaiming the 57.06 NY low and the lower-high trendline (now near 57.20) would neutralise the downtrend read
A move back through the 57.418 lower high, near the 50% fib of the Asian-high drop, breaks the LH chain
Thin early-Asia liquidity, then Tue US ADP and housing data from 12:15 UTC, could shift the read
Lower highs from the 57.84 Asia high; NY lows at 57.06 marginally broken.
Silver has unwound Monday's Asia push to 57.84, with London and NY printing lower highs as US 10y yields rose to 5.13%. Price is now just under the 57.06 NY lows and sits on psych 57.00, about 3 pips above Friday's 56.977 close, which would complete the gap fill. Early Asia session, thin bars, RSI(14) near 34 and not yet oversold.
Support: 57.00, 56.977
Resistance: 57.06, 57.418
What it said to watch
M15 close below psych 57.00 and the 56.977 gap fill extends the lower-low chain
Recovery back above the 57.06 NY lows would mark the break as a false break
Close above the 57.418 swing high breaks the lower-highs trendline and the downtrend read
Tue 12:15–14:00 UTC US ADP and housing data are the next session's event risk
Monday's Asia gap-up topped at 57.84, then NY hours broke the London range and carved lower highs. The bounce stalled at the 57.418 lower high, and price slid to a late-session low at 57.02 just above the 57.00 round number, with post-CPI hike pricing still weighing. Friday's gap down to 56.98 remains unfilled, and RSI(14) near 45 shows no extreme.
Support: 57.02, 57.00, 56.977
Resistance: 57.238, 57.418
What it said to watch
M15 close below the 57.00 round number puts the gap fill at 56.98 in play
Reclaiming the 57.24 minor high and the lower-highs trendline near 57.29 would stall the sell sequence
Break above the 57.418 lower high, near the 50% fib of the 57.84–57.02 drop, ends the lower-highs chain
Tue 12:15–14:00 UTC ADP and housing data could shift USD and this read during the London-NY transition
Lower highs from Asia high 57.84; fresh session low at 57.02.
The Sunday gap-up rally topped at the 57.84 Asia high. London and NY then printed lower highs at the 57.755 London high and 57.418 as US 10y yields rose to 5.13%, and late NY pressed a new session low at 57.02, just above the 57.00 psych and the Friday-close gap fill at 56.977. Bars are thin after NY close, RSI(14) is near 44 and a minor high at 57.238 sits overhead.
Support: 57.02, 57.00, 56.977
Resistance: 57.238, 57.418, 57.755
What it said to watch
M15 close below the 57.00 psych completes the gap fill at 56.977 and extends the lower-low sequence
Close above the 57.418 lower high breaks the lower-highs trendline; the 57.238 minor high and the 38.2% retrace near 57.33 come first
Holding the 57.02 session low into the Asia session leaves a potential base above 57.00
Tue 12:15–14:00 UTC ADP and housing data could shift the read via USD and yields
21:32 UTC
Intraday downtrend, lower highs since the Asia peak · RSI 45 · price 57.083
Asia high 57.84 faded; NY broke lower to 57.02 and is pressing into Sunday's gap.
Silver gapped higher at the open and ran to the 57.84 asia high, then printed lower highs through London. NY hours broke below 57.30 to a 57.02 day low, and the 18:00 UTC bounce met rejection at 57.42, the ny high, near the 50% fib, in line with the digest's read of rebounds stalling as yields stabilise. Late NY trade is drifting back into Sunday's gap just above the 57.00 pivot, with RSI(14) neutral near 45.
Support: 57.02, 56.98, 56.94
Resistance: 57.24, 57.42, 57.84
What it said to watch
A close below the 57.02 day low exposes the 56.98 gap fill and the 56.94 fri low, which would close Sunday's gap
A recovery above the 57.24 minor high and the lower-highs trendline puts the 57.42 ny high back in play
Only a break of the 57.84 asia high would negate the intraday lower-high sequence
Tue 12:15–14:00 UTC: ADP, housing starts and pending home sales could move yields and the USD, and shift this read
Lower highs from London's 57.755; 57.020 session low swept the twin NY lows.
The Sunday gap-up topped at 57.84 in Asia. The 57.755 london high then gave way to a NY-session sell-off as yields firmed, returning price to the 57 pivot. A late dip to the 57.020 session low swept the twin 57.06 NY lows before a small recovery, while the lower high at 57.24 and the 57.418 swing high keep the descending line intact.
Support: 57.02, 57.00, 56.977
Resistance: 57.238, 57.418, 57.755
What it said to watch
Close below the 57 pivot exposes the Friday gap fill at 56.977 and extends the lower-low chain
Recovery through the 57.24 lower high and the 57.418 swing high breaks the descending line
Thin post-NY trade into the Asian range; Tuesday's ADP and US housing data at 12:15–14:00 UTC could shift the read
21:06 UTC
Intraday downtrend, lower highs since Asia peak · RSI 40 · price 57.083
Lower highs at 57.755, 57.42 and 57.24; session low 57.02 sits just above the 57.00 pivot.
Silver gave back its Asian gap-up rally after a rejection at the 57.84 Asian high. The London high capped at 57.755, then the USD rebound on firmer 10y yields drove a NY slide to a 57.02 session low, with each bounce since printing a lower high (57.42, then the 57.24 late high). Price is pinned just above the 57.00 round number in thin post-NY trade, RSI(14) near 40, and the weekend gap down to 56.98 is still unfilled.
Support: 57.02, 57.00, 56.935
Resistance: 57.24, 57.418, 57.755
What it said to watch
An M15 close below the 57.00 round number exposes the 56.98 gap fill and the 56.935 Friday low
A recovery above the 57.24 late high, then the 57.42 lower high, would break the lower-high sequence and the trendline from the 57.755 London high
US 10y yield near 5.13%: further yield gains have been the main drag on the metal this session
Tue 12:15–14:00 UTC US ADP and housing data are the next scheduled USD catalysts
20:47 UTC
Intraday downtrend, lower highs since Asia peak · RSI 39 · price 57.042
Lower highs 57.84 / 57.755 / 57.418; new day low 57.02 late NY.
Monday's weekend gap-up topped at 57.84 in Asia. Rallies were then rejected at the 57.755 london high and the 57.418 lower high as Treasury yields firmed. Late NY has printed a new day low at 57.02, below the Asian range and just above the 56.977 gap fill, with price capped under the ema20 and RSI(14) near 39.
Support: 57.02, 56.977, 56.935
Resistance: 57.418, 57.755
What it said to watch
An M15 close below 56.977 completes the gap fill and exposes Friday's 56.935 prior low.
Reclaiming the ema20 and then the 57.418 lower high would break the lower-high sequence.
Thin late-NY / Asia rollover liquidity may produce false breaks around the 57.00 pivot.
Tue 12:15–14:00 UTC housing starts and permits, plus the USD yield move, could shift this read.
20:32 UTC
Intraday downtrend, lower highs since London · RSI 39 · price 57.029
Lower highs from 57.84; NY broke the 57.06 prior lows, pressing session low.
Silver gapped higher at the Monday open and peaked at 57.84 into London, then printed lower highs at the 57.755 london high and the 57.418 lower high as the USD firmed on a ~7bp rise in 10-year yields. Late NY broke the 57.056–57.06 prior lows and set a new session low at 57.02, sitting just above psych 57.00 with RSI(14) near 39, not stretched.
Support: 57.02, 57.00, 56.935
Resistance: 57.06, 57.418, 57.755
What it said to watch
M15 close below psych 57.00 opens the friday low at 56.935 and fills the weekend gap
Reclaiming the 57.06 prior lows undoes the late-NY range break
A break of the lower-highs trendline and a close above the 57.418 lower high would end the sequence of lower highs
US housing starts and permits Tue 12:15–14:00 UTC could shift USD and yields
20:17 UTC
Intraday downtrend, lower highs since London · RSI 39 · price 57.039
Lower highs from 57.755; NY lows at 57.056/57.059 broken late NY.
Silver peaked at 57.84 in the Asia session, then printed lower highs through London and NY as the USD and Treasury yields firmed. The late-NY slip to a 57.02 session low broke the 57.056/57.059 NY lows. That leaves the $57.00 pivot and the weekend gap fill at 56.977 just below, with RSI(14) near 39 and not stretched.
Support: 57.02, 56.977, 56.935
Resistance: 57.06, 57.163, 57.418
What it said to watch
M15 close back above the ny lows at 57.06 would turn the break into a false break
Failure to hold the session low and the $57.00 pivot exposes the gap fill at 56.977 and the friday low at 56.935
Reclaim of the 57.163 weekly open would undo the gap-fill move
M15 close above the lower-highs trendline (~57.31) and the 57.418 lower high invalidates the intraday downtrend read
Thin liquidity into the Asia session; Tue 12:15–14:00 UTC US housing data and ADP could shift this read
Lower highs from 57.84; NY range 57.06–57.42 with a third test of the floor.
Asia ran from the 57.09 gap-up open to a 57.84 session high, but London and NY faded it as US yields and the USD stabilised, the same failure near $58 flagged in the macro read. Price is now pressing the 57.06 NY low for a third time with RSI(14) near 40 and below both EMAs. The weekend gap to Friday's 56.98 close (gap fill) is still open just underneath.
Support: 57.056, 56.977
Resistance: 57.418, 57.84
What it said to watch
M15 close below the 57.06 ny low breaks the NY floor and puts the 56.98 gap fill in play
Reclaim of the 57.42 swing high breaks the lower-highs line and turns the read back to range
Thin late-NY/Asia liquidity can exaggerate a break of either range edge; Tue 12:30 UTC housing starts and permits are the next scheduled USD risk
Lower highs from 57.84; 57.06–57.42 range late NY.
The Asia session topped at 57.84, and London printed a sequence of lower highs. A firmer USD and a 5.13% 10-year yield then drove the NY-open selloff to a 57.06 ny low, retested at 57.06 to form an unconfirmed double bottom. Late NY, the bounce stalled at a 57.42 lower high, between the 38.2–50% fib of the selloff, and price is drifting at 57.18 just above the 57.13 higher low, below both EMAs.
Support: 57.13, 57.06, 56.98
Resistance: 57.42, 57.53
What it said to watch
M15 close above the 57.42 lower high breaks the lower-highs trendline and confirms the double bottom, opening the 57.53 ny open high
Loss of the 57.13 higher low returns focus to the 57.06 ny low; a break there extends the downtrend toward the 56.98 gap fill at Friday's close
US housing starts and permits Tue 12:30 UTC could shift the USD and yield driver behind this read
19:32 UTC
Intraday downtrend from London high, now basing · RSI 46 · price 57.216
NY range 57.06–57.42 with a higher low at 57.13.
Silver gapped higher at the Sunday open and climbed through Asia to 57.84, then NY reversed it from the 57.76 london high to a 57.06 session low as yields and the USD steadied. Late NY price is ranging 57.06–57.42, with the ny high capped at the 50% retracement and a swing low at 57.13 printing above the double bottom.
Support: 57.134, 57.056
Resistance: 57.418, 57.755
What it said to watch
M15 close below the 57.06 session low breaks the NY range and voids the double bottom
M15 close above the 57.42 ny high clears the 50% retracement and opens the path to the 57.76 london high
Loss of the 57.13 swing low breaks the higher-lows line
Tue 12:30 UTC US Housing Starts and Building Permits could materially shift this read
19:17 UTC
Intraday downtrend, flattening into range · RSI 44 · price 57.172
Lower highs from the Asia peak; NY range 57.056–57.418 below the Asian low.
Asia ran to a 57.840 day high. London printed lower highs capped at the 57.755 london high, and the NY open broke the Asian range low as USD and yields firmed, tagging a 57.056 ny low. Since then price has held a 57.06–57.42 range, with the 57.418 ny high rejected at the 50% fib of the lower highs leg. Late NY, it sits in the lower half with RSI(14) near 44.
Support: 57.056, 56.977
Resistance: 57.418, 57.755
What it said to watch
Failure to hold the 57.056 ny low confirms a lower-low and puts the 56.977 gap fill (Friday close) in view
M15 close above the 57.418 ny high and the lower highs trendline breaks the sequence, exposing the 57.755 london high
Thin late NY into the Asia session; Tue 12:30 UTC Housing Starts/Permits, with the 10y yield at 5.13%, could shift the read
19:03 UTC
Intraday downtrend from Asia high, now basing · RSI 48 · price 57.26
Lower highs from 57.84; late-NY range 57.06–57.42 above a double-tested day low.
Silver gapped up at the Sunday open, but the 57.84 asian high capped and the 57.755 london high marked a lower high. As yields firmed, NY dropped through the Asian low to a 57.06 day low, tested twice. Late NY is ranging below the 57.42 ny high, with the bounce stalling near the 50% retrace of the london high to day low drop. RSI(14) is neutral near 48.
Support: 57.056, 56.977
Resistance: 57.418, 57.755, 57.84
What it said to watch
Close above the 57.42 ny high breaks the lower-high trendline and opens the 57.755 london high
Failure to hold the 57.06 day low extends the lower-low sequence toward Friday's 56.98 close (gap fill)
Tue 12:15–12:30 UTC ADP and housing starts could shift the read via USD and yields
18:47 UTC
Intraday downtrend from Asia peak, basing in late NY · RSI 47 · price 57.284
Double bottom at 57.06, bounce capped at 57.42; higher low at 57.19.
Silver opened the week with a gap up and ran to 57.84 in the Asia session. It faded through London, and NY sold it down to 57.06 as the 10y yield firmed, just below the Asian range low. A double bottom at 57.06 produced a bounce that stalled at the 57.42 bounce high near the 38.2% fib, and price now sits mid-range at 57.28 after London close. RSI(14) is neutral near 47, and the weekend gap down to the 56.98 Friday close is still unfilled.
Support: 57.193, 57.06, 56.977
Resistance: 57.418, 57.755
What it said to watch
M15 close above the 57.42 bounce high confirms the double bottom and opens the 57.755 london high
Holding the 57.19 swing low keeps the higher-low sequence off the double bottom intact
Loss of the 57.06 double btm low exposes the 56.98 gap fill at Friday's close
Tue ADP and housing starts/permits (12:15–12:30 UTC) and US 10y yield moves are the next USD risk for this read
Shallow double bottom at 57.06, bounce capped near 57.42 swing high.
Monday gapped higher and Asia ran to the 57.84 asian high, but the London high at 57.755 held and NY sold off to the 57.056 ny low as the 10y yield climbed to 5.13%. A second test at 57.059 held, and the late-NY bounce stalled at the 57.42 swing high near the 50% retrace. Price now sits on EMA20, with the weekend gap above the friday close still unfilled.
Support: 57.056, 56.977
Resistance: 57.418, 57.755, 57.84
What it said to watch
M15 close above the 57.42 swing high confirms the double bottom and reopens the 57.755 london high
Loss of the 57.06 ny low breaks the double bottom and exposes a weekend gap fill toward the 56.98 friday close
Acceptance above the 57.84 asian high would mark a fresh session breakout
No scheduled data in the next 8h. Tuesday's 12:30 UTC housing starts/permits and moves in the 10y yield (5.13%) are the next catalysts
18:17 UTC
Intraday downtrend from Asia high, late-NY rebound · RSI 60 · price 57.368
Lower highs from 57.84; double bottom at 57.06, testing neckline.
The Sunday gap-up rally ran to the 57.84 Asian high, then faded through London and the NY decline as the US yield bounce weighed. That decline ended in a 57.06 double bottom. The late-NY rebound has reclaimed the ema20 near 57.25 and is pressing the 57.37 neckline and the fib 50% at 57.42, with EMA50 overhead.
Support: 57.25, 57.056, 56.977
Resistance: 57.42, 57.755, 57.84
What it said to watch
M15 close above 57.42 (fib 50% / neckline) confirms the double bottom and opens the 57.755 London high
Failure at 57.42 and a break of the 57.06 double bottom resumes the NY decline toward the 56.98 gap fill
Treasury yield and USD swings into the Asian session could shift this read; 57.84 Asian high caps the day's range
Lower highs from 57.84 Asian high; double test of 57.06 low.
The Sunday gap-up and Asian rally to 57.84 stalled short of $58. London printed lower highs, and the NY open drop took silver to the 57.06 session low as Treasury yields and the USD firmed. That low held twice, and price now sits mid NY range below EMA20, with RSI(14) neutral near 50.
Support: 57.056, 56.977
Resistance: 57.371, 57.533
What it said to watch
A close above the 57.37 ny high completes a double bottom off the 57.06 session low
Failure at the 57.06 session low extends the lower-low sequence toward the 56.98 fri close gap fill
Reclaim of the 57.53 breakdown level would undo the NY-open leg of the drop
Calendar is quiet until Tuesday's US housing data at 12:30 UTC, so yields and USD tone drive the near-term read
Silver has printed lower highs from the 57.84 Asia high. NY pushed below the Asian low to a 57.06 double low, and the bounce faded at the 57.37 bounce high, between the 38.2% and 50% fib of the drop from the 57.755 london high. Price is drifting below EMA20 after London close as a firmer USD and a 5.13% 10y yield cap rebounds, with the Sunday gap to Friday's 56.98 close (gap fill) still open.
Support: 57.056, 56.977
Resistance: 57.371, 57.755
What it said to watch
M15 close below the 57.06 double low extends the lower-low chain toward the 56.98 gap fill
Close above the 57.37 bounce high and the 38.2% fib breaks the lower-highs line
Recovery through the 57.755 london high would negate the session downtrend
Tue 12:15-14:00 UTC US housing data and ADP could reset this read on any yield move
17:17 UTC
Intraday downtrend, lower highs since NY open · RSI 39 · price 57.104
London high faded, NY retesting session low.
The London high at 57.755 faded into the NY session as the 10y yield firmed toward 5.13%. That leg undid most of the weekly-open gap and slipped through the Asian low near 57.09 to a session low of 57.056. The bounce high at 57.371 stalled short of the fib 50% at 57.406, and a sequence of lower highs is now pressing price back onto the session low, with RSI(14) near 39.
Support: 57.056, 56.977, 56.88
Resistance: 57.371, 57.406, 57.755
What it said to watch
An M15 close below the 57.056 session low extends the lower-low chain toward the 56.977 gap fill (Friday's close) and the 56.88 friday low
A close above the 57.371 bounce high breaks the lower-highs trendline and puts the fib 50% at 57.406 in play
Recovery of the london high at 57.755 would negate the NY selloff structure
US 10y yield extending above 5.13% into the NY close could add pressure on the session low
17:06 UTC
Intraday downtrend, lower highs since Asia · RSI 38 · price 57.133
Lower-high/lower-low chain; price pinned under falling trendline after London close.
Sunday's gap-up ran to a 57.84 Asian high, but silver failed to get near $58 and London and NY printed a lower-high chain as Treasury yields rebounded. NY pushed through the Asian low to a 57.056 session low. The bounce was rejected at the 57.371 bounce high (38.2% fib), and price is pressing the falling trendline near 57.23 with RSI(14) at 38.
Support: 57.056, 57.00, 56.88
Resistance: 57.371, 57.55
What it said to watch
Loss of the 57.056 session low exposes the Friday gap fill near 57.00, with the 56.88 friday low below
M15 close above the falling trendline and the 57.371 bounce high breaks the lower-high chain; 57.55 breakdown pt is next
Thin US calendar until Tue 12:30 GMT housing starts/permits; USD/yields drift sets direction until then
16:47 UTC
Intraday downtrend, stalling late NY · RSI 39 · price 57.202
Lower highs from 57.84 Asian high; NY low 57.056, higher low 57.135.
Monday's weekend gap-up stalled at the 57.84 Asian high, and London printed lower highs. The NY open broke the London low at 57.305 as the USD steadied on firmer yields, with selling halting at the 57.056 NY low, still above Friday's close at 56.977. The late-NY bounce capped at the 57.371 NY high near the 38.2% fib, and price is now coiling at the 57.135 higher low under the descending NY trendline, RSI(14) near 39.
Support: 57.135, 57.056, 56.977
Resistance: 57.305, 57.371, 57.541
What it said to watch
M15 close above the NY trendline and the 57.371 NY high breaks the lower-high chain and opens the 61.8% fib at 57.541
Price holding below the London low at 57.305 keeps the post-NY-open breakdown intact
Break of the 57.135 higher low exposes the 57.056 NY low; failure there brings the Friday close at 56.977 (gap fill) into play
Tue 12:30 GMT US Housing Starts/Permits are the next scheduled USD risk
Lower highs from 57.840, higher low at 57.135 after session low.
Silver faded from the 57.840 Asian-session high through London and NY as USD and yields steadied. Price printed lower highs along a descending trendline and briefly pierced the Asian range low to a 57.056 session low. The after-London-close bounce was rejected at 57.371, the 38.2% fib of that drop. Price is now holding a 57.135 higher low with RSI(14) near 37, and the Friday close at 56.977 remains an unfilled gap below.
Support: 57.135, 57.056, 56.977
Resistance: 57.371, 57.448
What it said to watch
M15 close above the descending trendline and the 57.371 38.2% fib opens the 50% fib at 57.448
Break of the 57.135 higher low and the 57.056 session low exposes a gap fill to the 56.977 Friday close
Lower highs from 57.84; Asian range low broken in NY hours.
Silver faded from the 57.84 Asian high, short of the $58 cap, as the USD and yields stopped falling. London printed lower highs at 57.755 and 57.55, then NY hours broke the Asian low near 57.09 to a 57.056 session low. The bounce stalled at the fib 38.2 near 57.37, price sits below both EMAs with RSI(14) near 42, and a 57.135 higher low is the only sign of a pause.
Support: 57.135, 57.056, 56.88
Resistance: 57.371, 57.55, 57.755
What it said to watch
M15 close above the 57.371 fib 38.2 and the 57.55 lower high would break the lower-high chain
Failure to hold the 57.135 higher low and the 57.056 session low reopens the 56.88 friday low
London high at 57.755 caps the day; no US data in the next 8h, Tue 12:30 GMT housing starts is the next scheduled risk
Lower highs from the Asian high at 57.84; NY low at 57.056 holding for now.
London faded the Asian range high at 57.84 into a chain of lower highs. NY broke the London low and set a 57.056 ny low just under the Sunday open, then bounced. The bounce saw rejection at 57.371, the bounce high near the 38.2% retracement, with price back under EMA20 and RSI(14) near 42 as silver again fails to hold gains short of $58.
Support: 57.056, 57.00, 56.88
Resistance: 57.371, 57.448, 57.755
What it said to watch
M15 close above the 57.371 bounce high and the 57.448 fib 50% would break the lower-high chain; the 57.755 london high sits above
Failure to hold the 57.056 ny low exposes the 57.00 round number and the 56.88 friday low, completing the Monday gap fill
Lower-highs trendline from the Asian high still caps price; a break above it changes the read
Lower highs since Asia high; NY broke London low and swept Asian low.
The Asia rally stalled at the 57.84 asia high below the $58 cap, and lower highs followed through London as the USD and yields stopped falling. The NY open broke the 57.36 london low and swept the Asian low, setting a 57.06 session low. Price is now bouncing into the london low and the fib 38.2% of the 57.84–57.06 drop, with RSI(14) near 40.
Support: 57.056, 56.977, 56.88
Resistance: 57.358, 57.448, 57.84
What it said to watch
M15 close above the 57.36 london low and the fib 50% at 57.45 would ease the lower-highs read
Rejection at the london low followed by a loss of the 57.06 session low opens the 56.98 fri close gap fill and the 56.88 friday low
A break of the lower-highs trendline from the asia high changes the intraday structure
No scheduled US data in the next 8h; Tue 12:30 UTC housing starts/permits is the next calendar risk
15:17 UTC
Intraday downtrend, lower highs since Asia · RSI 34 · price 57.145
Asian range low broken in NY, basing just above session low.
Silver has stepped lower from the 57.84 Asia high through a chain of lower highs. In the NY session it broke through the 57.09 Asian range low to a 57.056 session low, as the USD and yields stopped falling and the 58.00 test was abandoned. RSI(14) is near 34 and price sits below both EMAs, with the 57.31 lower high capping the bounce.
Support: 57.056, 57.00, 56.88
Resistance: 57.312, 57.55, 57.755
What it said to watch
M15 close above the 57.31 lower high breaks the NY lower-high sequence
Reclaim of the 57.55 breakdown area returns price to the London range, with the 57.755 london high above
Failure to hold the 57.056 session low exposes the 57.00 round number and the 56.88 friday low
USD/yields drift and AI-equity risk tone remain the near-term driver into the NY close; Tue housing data is the next scheduled US risk
14:47 UTC
Intraday downtrend, lower highs since Asia · RSI 30 · price 57.089
Lower-high sequence from 57.84; Asian low broken in early NY.
Silver topped at the 57.84 Asian high, again short of $58, and has printed lower highs through London. The NY open push broke the 57.091 Asian low to a 57.066 session low, with RSI(14) near 30. Price now sits just above the 56.977 Friday close, the fill point of the weekend gap, as USD and yields stopped falling.
Support: 57.066, 56.977, 56.88
Resistance: 57.312, 57.55, 57.84
What it said to watch
M15 close back above the 57.312 swing high would interrupt the lower-high sequence
Acceptance below 56.977 Friday close fills the weekend gap and exposes the 56.88 Friday low
57.55 (fib 61.8 of the Asian high to session low leg, near the lower-high line) is the area to watch for rejection on any bounce
Only a reclaim of the 57.84 Asian high would reverse today's intraday structure
AI-equity and front-end yield headlines are driving USD intraday; US housing data Tue 12:30 GMT is the next scheduled risk
14:32 UTC
Intraday downtrend, lower highs since Asia · RSI 32 · price 57.211
Lower highs from 57.84; London low broken at NY open.
Silver gapped up at the weekly open and ran to the 57.84 Asia high, but has printed lower highs since, with $58 again out of reach as the USD and yields stopped falling. The NY open drop broke the London low near 57.31 and tagged a 57.07 NY low, just under the Asian low, leaving the gap to Friday's 56.98 close unfilled. RSI(14) sits near 32, soft but not stretched.
Support: 57.073, 56.977
Resistance: 57.305, 57.533, 57.84
What it said to watch
M15 close back above the 57.31 london low turns the break into a false break
Acceptance below the 57.07 ny low opens the gap fill toward the 56.98 fri close
Lower-high chain holds while price stays under 57.53; a close above it breaks the sequence
Asia high at 57.84 caps the day's range; the 61.8% fib of the 57.84–57.07 drop sits near 57.55
14:17 UTC
Intraday downtrend, lower highs since Asia · RSI 34 · price 57.177
NY open broke London range low; lower-high sequence intact.
Silver has printed lower highs since the 57.84 Asian high. At the NY open it broke the 57.346 London low and made a 57.073 session low, nearly filling the weekend gap to Friday's 56.977 close. The early-week rebound stalled under $58 as the USD and yields stopped falling; RSI(14) is near 34 and not yet oversold.
Support: 57.073, 56.977, 56.88
Resistance: 57.346, 57.685, 57.84
What it said to watch
A close back above the 57.346 London low, near the 38.2% fib of the drop, negates the NY range break
Loss of the 57.073 session low fills the weekend gap at 56.977 and exposes the 56.88 Friday low
A break above the 57.685 lower high and the lower-highs trendline ends the intraday downtrend read
14:04 UTC
Intraday downtrend, lower highs since Asia · RSI 37 · price 57.282
Lower-high chain from 57.84; NY probe below Asian low reclaimed.
Silver has printed lower highs since the 57.84 Asian-session top. The London high at 57.755 stalled well short of the $58 cap as the USD and yields stopped falling. NY pushed through the asian low at 57.206 to a 57.148 session low, then closed back above it, with RSI(14) near 37.
Support: 57.206, 57.148, 56.977
Resistance: 57.358, 57.55, 57.755
What it said to watch
Acceptance back below the asian low at 57.206 and a break of the 57.148 session low would extend the downtrend toward the friday close and weekend gap near 56.98.
A recovery above the london low at 57.358, close to the 38.2% level of the ny decline fib, would ease pressure. The ny high at 57.55 sits on the lower highs trendline.
A move above the london high at 57.755 breaks the lower-high chain and invalidates the intraday downtrend read.
No scheduled USD data in the next 8h. AI-equity swings and front-end yields remain the driver for USD moves.
13:46 UTC
Intraday downtrend, lower highs since Asia · RSI 36 · price 57.215
Lower highs and lower lows from 57.84; London range low broken.
Silver gapped up at the open as Fed-hike bets eased. The Asian high at 57.84 capped the push toward $58, and London printed lower highs at the 57.755 london high and the 57.552 lower high. The first hour of NY broke the London low at 57.346 and tagged a 57.176 session low, RSI(14) near 36. The weekly open at 57.091 and the 56.977 Friday close (gap fill) sit just below.
Support: 57.176, 57.091, 56.977
Resistance: 57.346, 57.552, 57.755
What it said to watch
M15 close back above the 57.346 london low turns the break into a false break
Loss of the 57.176 session low exposes the 57.091 weekly open and the 56.977 gap fill
A close above the 57.552 lower high breaks the lower-high chain; the 57.755 london high is next
USD and Treasury yield moves during NY hours could shift this read; Tue 12:30 GMT US housing data is the next scheduled risk
13:32 UTC
Intraday downtrend, lower highs since Asia · RSI 44 · price 57.455
Lower highs 57.84 → 57.755 → 57.685; NY open lower low at 57.305.
Monday's gap-up rally stalled at the 57.84 session high during the Asian session, well short of the 58.00 round number, as the USD and yields stopped falling. Since then London and NY have printed lower highs. The first hour of NY swept the London low to a 57.305 NY low, and price is now holding below EMA20/50 with RSI near 44.
Support: 57.305, 57.091
Resistance: 57.755, 57.84, 58.00
What it said to watch
M15 close below the 57.305 NY low extends the lower-low chain toward the 57.091 Asian low
Close above the 57.755 london high breaks the descending lower-high trendline and reopens the 57.84 session high
Rebound fading near the 50% retrace (~57.57) keeps the downtrend read intact
Shift in USD/yields or AI-equity risk tone during NY hours could reprice the 58.00 round number cap
13:17 UTC
Range after Asia rally, lower highs since · RSI 46 · price 57.53
57.30–57.84 range; lower highs, sweep of London low.
Silver gapped above Friday's 56.98 close and ran to a 57.84 session high in Asia as Fed-hike bets eased, but stalled short of 58.00. London then printed lower highs at 57.80 and the 57.755 london high, and early NY swept the London low to a 57.305 ny low before snapping back to 57.53, near the 50% of the asia leg fib with RSI(14) flat at 46.
Support: 57.305, 57.091
Resistance: 57.755, 57.84, 58.00
What it said to watch
M15 close above the 57.755 london high breaks the lower highs trendline and puts the 57.84 session high and 58.00 round number back in play
Failure to hold the 57.305 ny low exposes the 57.09 asian low and the gap toward Friday's 56.98 close
No US data due today; USD/yields and AI-equity headlines during NY hours are the main swing factor
13:06 UTC
Intraday down-leg, lower highs off Asian peak · RSI 40 · price 57.376
Lower-high chain from 57.84 with early NY probing below the London low.
The Asian session rally topped at the 57.84 asian high, short of $58.00. London has since printed a descending lower-high sequence at 57.80, 57.755 and 57.685, and early NY is undercutting the earlier London low, now 57.305. Price is back below the 61.8% retracement of the Asian leg, under both EMAs, with RSI(14) near 40. That fits the digest's read of buyers failing to find acceptance near the round number.
Support: 57.305, 57.206, 57.091
Resistance: 57.755, 57.84, 58.00
What it said to watch
An M15 close below the 57.305 london low exposes the 57.206 asian low and then the 57.091 week open.
A reclaim of the 57.755 lower high breaks the descending trendline and reopens the 57.84 asian high.
The 58.00 round number remains the cap cited in the digest; acceptance above it changes the intraday read.
No US data is due in the next 8h, so USD/yields drift and AI-equity headlines are the main external drivers; Tuesday's housing data comes later.
12:47 UTC
Sideways, lower highs since late London · RSI 54 · price 57.582
Inside Asian range 57.09–57.84; London leg 57.346→57.755 retracing.
Silver opened the week with an unfilled gap of about 186 pips above Friday's 56.977 close, helped by a softer USD. Price has held inside the Asian range since. London flushed to the 57.346 London low, then recovered to the 57.755 London high and has retraced roughly half that leg. Into the London-NY transition, lower highs are pressing on twin lows at 57.48, with price pinned at EMA20 and RSI(14) neutral near 54.
Support: 57.48, 57.346
Resistance: 57.755, 57.84
What it said to watch
M15 close below the 57.48 twin lows exposes the 57.346 London low
Close above the lower-highs line and the 57.755 London high reopens the 57.84 Asian high, with 58.00 overhead
NY open: USD tone is tied to AI-equity selling and yields, with no US data until Tue housing releases
Rising lows off London low, capped below Asia high.
Monday gapped above Friday's 56.98 close. The 57.84 Asia high was rejected into London open, and price flushed to the 57.35 London low. Rising lows have since rebuilt price to 57.63 into the London-NY transition, tracking a softer USD after Warsh's speech, but the 57.755 swing high caps the recovery near the 61.8% of the London drop.
Support: 57.48, 57.346
Resistance: 57.755, 57.84, 57.962
What it said to watch
M15 close above the 57.84 Asia high opens the 57.96 Friday high and the $58.00 psych level
Break of the 57.48 rising lows trendline exposes the 57.35 London low
Repeated rejection at the 57.755 swing high keeps price inside the 57.35–57.84 session range
No US data in the next 8h; next scheduled USD risk is Tue 12:30 UTC housing data
12:17 UTC
Sideways after weekend gap up, contracting · RSI 55 · price 57.592
Inside Asian range; lower highs vs higher lows since London open.
Silver gapped up about 19 cents at the Sunday open on a softer USD and built an Asian range of 57.21–57.84. London has stayed inside it, with lower highs from the 57.84 Asian high into the 57.755 lower high and a rising low at 57.48 off the 57.358 London low. Price sits mid-range near 57.59 into the London-NY transition, RSI(14) neutral around 55, and the $58.00 round number still caps the post-Warsh bounce.
Support: 57.48, 57.358, 57.206
Resistance: 57.755, 57.84, 58.00
What it said to watch
M15 close above the 57.755 lower high breaks the contraction and opens the 57.84 Asian high, then the 58.00 round number
Loss of the 57.48 rising low, then the 57.358 London low, reopens the 57.21 Asian low
No scheduled USD data in the next 8h; NY-open moves in US yields, DXY and AI-equity sentiment are the likely drivers of a range break
12:05 UTC
Range-bound after Asia rally, momentum flat · RSI 48 · price 57.514
Lower highs from the Asian high against higher lows off the London low, a tightening consolidation.
Silver gapped up from Friday's 56.98 close and climbed through Asia to the 57.84 Asian high as the USD softened. London has since printed lower highs at 57.80 and the 57.755 swing high, against a rising line off the 57.346 London low through the 57.46 swing low. Into the London-NY transition, price sits near the 61.8% retrace of the London swing and on that rising line, with RSI(14) flat near 48.
Support: 57.459, 57.346
Resistance: 57.755, 57.84, 58.00
What it said to watch
M15 close below the 57.46 swing low breaks the rising line and puts the 57.346 London low back in play
Close above the 57.755 swing high and 57.84 Asian high ends the lower-high sequence and exposes the 58.00 psych level, where the digest notes repeated failures
No tier-1 USD data in the next 8h; NY-session moves in US yields and AI equities remain the main USD driver for silver
11:47 UTC
Sideways, contracting range · RSI 57 · price 57.633
Lower highs from 57.84, higher lows from 57.36.
Silver gapped up at the Monday open on a softer USD and has spent London compressing between the 57.36 london low and 57.84 asian high. Lower highs into the 57.755 session high and a higher low at 57.46 are tightening the range into the NY open, while psych 58.00 still caps above.
Support: 57.459, 57.358, 57.091
Resistance: 57.755, 57.84, 58.00
What it said to watch
M15 close above the 57.84 asian high breaks the compression and puts psych 58.00 in play
Failure to hold the 57.46 higher low, then 57.36 london low, reopens the 57.09 asian low and the weekend gap
USD and yield moves during NY hours drive this pair; renewed dollar strength would pressure the range floor
Lower highs from Asian high vs higher lows from London low, compressing.
Monday gapped up from Friday's 56.977 close and climbed through Asia to the 57.84 Asian high. London opened with a rejection near 57.80 and a drop to the 57.346 London low. Late London now shows lower highs against higher lows, with the latest push stalling at the 57.755 swing high, as softer USD after Warsh's speech lifts silver but $58.00 still caps.
Support: 57.459, 57.346, 57.206
Resistance: 57.755, 57.84, 57.962
What it said to watch
M15 close above the 57.84 Asian high breaks the lower-highs line and puts Friday's 57.962 prior high and $58.00 in focus
Failure to hold the 57.459 swing low exposes the 57.346 London low; a break there opens the Monday low at 57.206
NY open with no scheduled US data in the next 8h leaves USD/yields and AI-equity sentiment as the drivers of any range break
11:17 UTC
Intraday recovery, higher lows since London dip · RSI 59 · price 57.728
Inside Asian range 57.09–57.84, higher-low chain pressing range top.
Silver gapped up from Friday's 56.98 close and built a 57.09–57.84 Asian range as the USD softened after Warsh's non-committal IMF speech. The London low at 57.346 held, and price has since printed higher lows, retracing roughly three-quarters of the Asian high to London low drop and pressing back toward the 57.84 Asian high with RSI(14) near 59.
Support: 57.459, 57.346, 57.091
Resistance: 57.84, 57.962, 58.00
What it said to watch
M15 close above the 57.84 Asian high exposes the 57.962 Friday high, then the 58.00 round number where the digest notes repeated failures
Break below the 57.459 higher low breaks the higher-low trendline and puts the 57.346 London low back in play
Loss of the 57.091 Asian low reopens the unfilled weekend gap toward Friday's 56.98 close
NY open around 13:30 UTC brings USD and yields into play; no scheduled US data inside the next 8h
11:05 UTC
Intraday recovery, inside the Asian range · RSI 53 · price 57.638
Higher lows off the 57.346 London low, capped below 57.69 and 57.84.
Monday gapped up from Friday's 56.977 close. The 57.84 Asian high was rejected at the London open, and the drop held at the 57.346 London low, near the 61.8% of the overnight leg fib. Higher lows have since lifted price into the 57.69 swing high late in London, with RSI(14) neutral near 53 as a softer USD keeps silver below the 58.00 psych cap.
Support: 57.459, 57.346, 57.091
Resistance: 57.69, 57.84, 58.00
What it said to watch
M15 close above the 57.69 swing high and the 57.84 Asian high brings the 58.00 psych cap into play
A break of the 57.459 higher low and the rising line reopens the 57.346 London low; below that sits the 57.091 Asian low
No high-impact US data before Tuesday's housing releases, so USD and AI-equity swings through the NY open drive the read
10:47 UTC
Sideways after Asian rally, momentum fading · RSI 44 · price 57.512
Contracting London range, lower highs against higher lows.
Silver gapped up at the weekly open on a softer USD and climbed through Asia to a 57.84 asian high. London opened with a rejection near 57.80 and a flush to the 57.36 london low. Since then price has been coiling between a lower high at 57.67 and a higher low at 57.46, near the 50% retrace of the Asian rally, with RSI(14) neutral in the mid-40s.
Support: 57.459, 57.358, 57.091
Resistance: 57.669, 57.84, 57.962
What it said to watch
A close above the 57.67 lower high breaks the coil and puts the 57.84 asian high and 57.96 friday high back in play
Loss of the 57.46 higher low exposes the 57.36 london low at the 61.8% retrace; below that sit the 57.09 asian low and the weekend gap
No USD data scheduled in the next 8h, so DXY drift and the AI-equity tone into the NY open are the main swing factors for this range
London compressing after rejection at Asian high; lower highs, higher lows.
Silver gapped up at the Asian open on a softer USD and built an Asian range of 57.09–57.84. London opened with a rejection near 57.80 and dropped to the London low at 57.35, close to the 61.8% retracement. It has since compressed between the 57.43 range low and a 57.60 lower high, sitting at the 50% level with RSI(14) at 44.
Support: 57.43, 57.346, 57.091
Resistance: 57.60, 57.84, 57.962
What it said to watch
M15 close above the 57.60 lower high breaks the compression and brings the asian high at 57.84 back into play
Friday high at 57.96, just under the $58.00 cap, is the next area to monitor for rejection or break
Failure to hold the 57.43 range low exposes the london low at 57.35 and the 61.8% fib
Loss of 57.35 opens a move toward the asian low and gap open near 57.09
No US data until Tuesday's housing releases from 12:15 UTC; USD and AI-equity swings remain the intraday driver
London rejection near Asian high, compression between 57.43 and 57.60.
Silver gapped up at the weekly open from Friday's 56.98 close, and Asia ran to the 57.84 Asian high as the USD softened. London opened with a rejection near 57.80 and a drop to the 57.36 London low, at the 61.8% retrace of the Asia rally. Price has since compressed between the 57.43 London base and the 57.60 intraday cap, with RSI(14) neutral near 47 and price flat on EMA20.
Support: 57.428, 57.358, 57.091
Resistance: 57.596, 57.84, 57.962
What it said to watch
M15 close above the 57.60 intraday cap reopens the 57.84 Asian high, with the 57.96 Friday high and the $58.00 cap above
Failure at the 57.43 London base and 57.36 London low would confirm a lower low and expose the 57.09 weekly open gap
NY open in about 2h with no US data scheduled; Tuesday's housing data is the next calendar risk
10:05 UTC
Intraday range, London fading the Asian advance · RSI 49 · price 57.543
Compression between 57.43 and 57.59 under London lower highs.
Silver gapped higher at the weekly open on a softer USD and climbed through Asia to a 57.84 Asian high. London opened with a rejection near 57.80 and a drop to a 57.346 London low. Price has since compressed between a 57.43 London base and a 57.587 lower high, sitting on EMA20 with RSI(14) neutral near 49, mid-London ahead of the NY open.
Support: 57.428, 57.346, 57.206
Resistance: 57.587, 57.84, 58.00
What it said to watch
A close above the 57.587 lower high breaks the London lower-high sequence and reopens the 57.84 Asian high, with the 58.00 cap from the digest above it
Loss of the 57.43 London base exposes the 57.346 London low. A break there opens the 57.206 Asia pivot and turns Monday's structure into lower lows
Price holding between the London drop fib 38.2% (57.52) and 50% (57.575) keeps the compression read intact
No US data in the next 8h. The NY open and USD/AI-equity swings are the likely drivers, and Tuesday's housing data is the next scheduled risk
09:47 UTC
Intraday range, lower highs since Asian peak · RSI 47 · price 57.55
Compression after London rejection of Asian high.
Silver gapped higher at the weekly open and built a 57.09–57.84 Asian range as the USD softened. London rejected the asian high and flushed to the 57.35 london low before recovering to the 38.2% retrace. Mid-London, price is compressing between a 57.43 london base and the descending trendline, pinned to EMA20 with RSI(14) neutral near 47.
Support: 57.43, 57.346, 57.091
Resistance: 57.625, 57.84, 57.962
What it said to watch
M15 close above the 57.63 lower high breaks the descending trendline and reopens the 57.84 asian high
Loss of the 57.43 london base exposes the 57.35 london low, then the 57.09 asian low near the gap
Friday high at 57.96 sits just under the 58.00 cap that has stalled recent rallies
No scheduled USD data in the next 8h; AI-equity or Hormuz headlines are the main swing risk
09:32 UTC
Intraday pullback after Asia rally, momentum flat · RSI 44 · price 57.511
Lower highs from 57.84 Asia high; tight 57.43–57.56 box mid-London.
Silver gapped higher and rallied through Asia from the 57.09 session low to a 57.84 Asia high on the softer USD. London open was rejected at 57.80, then 57.74 printed as a lower high before a drop to the 57.35 London low, near the 61.8% retrace of the Asian leg. Price is now compressing between the 57.43 micro low and the 57.56 range top around the 50% level, below EMA20 and sitting on EMA50 with RSI(14) near 44.
Support: 57.43, 57.35, 57.09
Resistance: 57.56, 57.74, 57.84
What it said to watch
M15 close above the 57.56 range top reopens the 57.74 lower high and the 57.84 Asia high
Loss of the 57.43 micro low exposes the 57.35 London low; acceptance below it breaks the 61.8% retrace of the Asian leg and puts the 57.09 session low in view
No US data in the next 8h, so NY open is the likely range-break window; Tue ADP and housing data from 12:15 UTC are the next scheduled catalyst
09:17 UTC
Intraday pullback after Asia rally, lower highs · RSI 41 · price 57.499
Lower highs from 57.84; coiling 57.43–57.56 mid-London.
Asia session gapped up from Friday's close and ran to a 57.84 Asia high on a softer USD. The London open met rejection near 57.80 and sold to the 57.35 London low; the bounce stalled at the 57.56 bounce high, near the 38.2% of the London drop fib. Price is now coiling between the 57.43 coil low and 57.56 mid-London, below EMA20 and sitting on EMA50, with RSI(14) near 41 and ATR around 142 pips.
Support: 57.43, 57.346, 57.21
Resistance: 57.56, 57.84, 58.00
What it said to watch
M15 close below the 57.43 coil low exposes the 57.35 London low; failure there opens the 57.21 Asia base
Close above the 57.56 bounce high breaks the lower-high trendline and brings the 57.84 Asia high back into view
58.00 round number remains the cap flagged in the digest; no US data until Tue 12:15 UTC ADP/housing, so USD and yield swings into the NY open could shift this read
09:06 UTC
Intraday down-drift, lower highs from Asia peak · RSI 40 · price 57.435
Inside Asia range; London faded the asia high, lower-high sequence above london low.
Silver gapped up at the weekly open and rallied through Asia on a softer USD, but the 57.84 asia high was rejected and London sold it to the 57.346 london low. The rebound stalled at the 57.562 bounce high near the 38.2% of that drop, and price is drifting lower mid-London below both EMAs with RSI(14) near 40.
Support: 57.346, 57.206
Resistance: 57.562, 57.84
What it said to watch
Failure to hold the 57.346 london low extends the lower-high sequence toward the 57.206 asia low and the unfilled weekend gap near 56.98
M15 close above the 57.562 bounce high breaks the lower-highs line and reopens the 57.84 asia high
No scheduled US data in the next 8h; USD and yield moves around the NY open could shift this read
08:47 UTC
Intraday pullback after Asian rally · RSI 48 · price 57.469
Lower highs from 57.84 asian high, holding above 57.36 london low.
Silver gapped up at the open and climbed through the Asian session from the 57.09 asian low to a 57.84 asian high on a softer USD, but supply capped it short of 58.00 psych and London opened with a slide to the 57.36 london low, close to the 61.8% retracement of the Asia rally. Price is now near 57.47, at the 50% level and below EMA20/EMA50, with RSI(14) at a neutral 48 and a run of lower highs since 06:00 UTC.
Support: 57.358, 57.21, 57.091
Resistance: 57.562, 57.84, 58.00
What it said to watch
An M15 close below the 57.36 london low extends the lower-low sequence toward the 57.21 asia pivot and the 57.09 asian low, with Friday's 56.98 gap-fill area beneath
An M15 close above the 57.56 bounce high and the lower-highs line reopens the 57.84 asian high, with 58.00 psych the cap flagged in the macro digest
No US data in the next 8h. Tuesday's 12:30 UTC housing starts and building permits are the next scheduled USD risk.
08:32 UTC
Intraday range, lower highs since Asia peak · RSI 47 · price 57.519
57.36–57.84 range, false break of swing low at London open.
Silver gapped up from Friday's 56.98 close and climbed through the Asia session on a softer USD, topping at the 57.84 session high. It then printed lower highs at 57.80 and 57.742. The London open dipped to a 57.358 London low, a false break of the 57.49 swing low near the 61.8% of the Asia rally fib. Price is back at 57.52, below EMA20 and sitting on EMA50, with RSI(14) neutral at 47.
Support: 57.491, 57.358, 57.091
Resistance: 57.742, 57.84, 58.00
What it said to watch
M15 close back below the 57.358 London low would confirm a lower low and turn the read toward the 57.091 gap open
A close above the 57.742 lower high breaks the lower-highs trendline; the 57.84 session high is the next test
Digest flags supply capping silver below the 58.00 round number; acceptance above it would change the range read
No scheduled US data in the next 8h; USD/yield headlines drive range direction until Tuesday's housing releases
08:17 UTC
Intraday range, London leg lower · RSI 44 · price 57.524
London rejected the Asian high and broke the Asian higher-low chain; price is mid-range on EMA50.
London opened with a rejection at the 57.80–57.84 Asian high, breaking the Asian higher-low line to a 57.358 London low near the 61.8% of the Asia leg before bouncing. Price sits on EMA50 inside the 57.09–57.84 Asian range at RSI(14) 44. The softer USD drove the Asian rebound, but supply keeps capping below the 58.00 psych level, and Monday's gap above Friday's 56.977 close is still unfilled.
Support: 57.358, 57.091, 56.977
Resistance: 57.742, 57.84, 58.00
What it said to watch
M15 close below the 57.358 london low reopens the 57.091 asia low and the 56.977 gap fill
Reclaim of the 57.742 lower high puts the 57.84 asia high back in play; acceptance above 58.00 psych is needed to break the cap
No US data in the next 8h; USD and yield moves ahead of Tuesday's housing data set the next leg
08:04 UTC
Intraday pullback inside the Asian range · RSI 41 · price 57.376
Asian higher-low chain broken at London open; lower high under 57.84.
Silver gapped higher at the open and climbed through Asia on a softer USD, but stalled below 57.84, the Asian high, under the 58.00 round number. London open brought a rejection near 57.80 and a slide through the 57.49 broken low and the rising trendline. Price now sits between the 61.8% and 78.6% retracement of the Asian advance, just above the 57.29 swing low.
Support: 57.29, 57.21, 57.00
Resistance: 57.49, 57.84, 58.00
What it said to watch
M15 close below the 57.21 Asian low breaks the session range and puts the 57.00 gap fill toward Friday's close in play
Reclaim of 57.49, the broken low, would neutralise the London-open rejection
58.00 round number remains the cap flagged in the macro digest; acceptance above it would change the read
No US releases in the next 8h; USD/yield swings and Hormuz headlines are the near-term swing factors
Silver gapped up at the open and climbed through Asia off the 57.09 gap low as faded October-hike bets eased yields and USD, but the Asian leg has stalled under the 57.84 session high since 04:00 UTC. Early London is holding 57.56, the 38.2% fib of that leg, with price hugging EMA20 and RSI(14) flat near 51.
Support: 57.56, 57.49, 57.09
Resistance: 57.84, 57.95
What it said to watch
M15 close above 57.84 session high breaks the box and exposes the 57.95 friday high
Failure to hold 57.49 swing low ends the Asian higher-low sequence and puts the 50–61.8% fib at 57.47–57.38 in play, then the 57.09 gap low
No US data in the next 8h; Hormuz or French-yield headlines driving safe-haven USD swings could shift this read
07:17 UTC
Intraday grind higher, stalling under Asian high · RSI 48 · price 57.623
Higher lows into flat cap at 57.78–57.84.
Monday gapped up from Friday's 56.98 close. Asia then ground higher as October-hike bets faded, but the 57.78–57.84 Asian high capped four attempts. London's opening bar was rejected at 57.80, while the higher low at 57.56 and the swing low at 57.49 keep the rising trendline intact.
Support: 57.56, 57.49, 57.09
Resistance: 57.84, 57.962
What it said to watch
M15 close above the 57.84 Asian high breaks the cap and opens the path to the 57.96 Friday high
Loss of the 57.56 higher low and the rising trendline, then the 57.49 swing low, exposes a fade back toward the 57.09 gap open
No scheduled USD data in the next 8h; Hormuz or French-yield safe-haven USD headlines are the main risk to the range
HH/HL chain from Monday gap open, retesting Asian session high.
Silver gapped up from Friday's 56.98 close and built higher lows through the Asian session as October hike odds faded after Warsh's neutral IMF speech. The pullback from the 57.84 session high held the 57.56 swing low near the 38.2% fib, and the London open bar is pressing back toward the high with RSI(14) mid-range.
Support: 57.56, 57.491
Resistance: 57.84, 57.962
What it said to watch
M15 close above 57.84 session high extends the HH chain toward Friday's 57.962 prior high
Failure to hold the 57.56 swing low and rising trendline breaks the higher-low sequence and exposes the 57.49 higher low
No US data today; Tue housing data at 12:30 UTC is the next scheduled catalyst
06:47 UTC
Asia uptrend, pulling back from session high · RSI 46 · price 57.565
HH/HL chain through Asia; rising trendline broken on the 06:30 close.
Silver gapped up from Friday's 56.98 close and built higher lows through Asia as October Fed-hike bets faded, printing a 57.84 session high that was rejected. The 06:30 close slipped under the rising trendline and just below EMA20 ahead of London open. The 57.49 higher low and the 50% retracement of the Asia leg (~57.52) sit just beneath.
Support: 57.49, 57.21
Resistance: 57.84, 57.96
What it said to watch
A close below the 57.49 higher low ends the Asia HH/HL sequence and exposes the 57.21 asian low
Reclaiming the rising trendline and a close above the 57.84 session high brings the 57.96 friday high into view
London open could expand the 57.21–57.84 Asian range; no US data until Tue housing at 12:30 UTC
Higher lows since the weekly open gap, capped at 57.84 session high.
Silver gapped up from Friday's 56.98 close and ground higher through the Asia session on higher lows at 57.286 and 57.491, as October Fed-hike bets faded. The 06:00 UTC bar was rejected at the 57.84 session high, and price is now sitting on EMA20 near 57.65 ahead of London open, with RSI(14) neutral at 51.
Support: 57.491, 57.286
Resistance: 57.84, 57.962
What it said to watch
M15 close below the 57.491 swing low breaks the Asian higher-low trendline
Loss of the 57.286 asian hl retraces past the 61.8% fib of the Asian rally near 57.38
Clearance of the 57.84 session high puts Friday's prior high at 57.962 in play
London open flows could test the session high or the swing low within the Asian range
06:17 UTC
Intraday uptrend, stalling at session high · RSI 57 · price 57.685
Monday gap-up; higher-low chain through Asia, rejection at 57.84 Asian high.
Silver gapped up from Friday's 56.977 close and climbed through the Asia session on a higher-low chain from the 57.091 Asian low. October Fed-hike bets faded after Warsh gave no policy signal. The latest bar was rejected at the 57.84 Asian high, which sits just under the 57.962 Friday high and the 78.6% of Friday's sell-off fib. RSI(14) is mid-range near 57 and ATR is about 130 pips.
Support: 57.491, 57.286, 57.091
Resistance: 57.84, 57.962
What it said to watch
London open in under an hour; a close above the 57.84 Asian high exposes the 57.962 Friday high
A break of the 57.491 swing low and the Asia trendline ends the higher-low chain
Below the 57.286 higher low, the gap-up retrace extends toward the 57.091 Asian low
Tue Oct 20 US housing data at 12:30 UTC could shift Fed-hike pricing and this read
06:04 UTC
Uptrend through Asia, pressing session high · RSI 60 · price 57.768
Higher-low chain since Monday gap-up; session high 57.80 under test.
Silver gapped up from Friday's 56.98 close at Monday's open and has printed higher lows through the Asia session. The relief bid came as October Fed-hike bets faded after Warsh gave no policy signal. Price is pressing the 57.80 session high into the London open, with RSI(14) near 60 and Friday high at 57.96 the next cap.
Support: 57.491, 57.286, 56.977
Resistance: 57.804, 57.962
What it said to watch
M15 close above the 57.80 session high opens a test of the Friday high at 57.96
Loss of the 57.49 swing low breaks the higher-low trendline; 57.29 higher low is next
A slide back toward the 56.98 gap fill would unwind Monday's relief bid
50% of the Asia leg fib sits near 57.45, close to the swing low
Higher lows since Monday gap-up open, twin cap at 57.78.
Silver gapped up from Friday's 56.98 close and climbed through the Asia session on faded October-hike bets, breaking the 57.20–57.49 opening range and printing a higher-low chain. The session high at 57.782 met rejection twice, and the 05:15 UTC dip held the swing low at 57.491, just above the 38.2% retracement of the Asia leg. Price is mid-range at 57.69 ahead of London open.
Support: 57.491, 57.286
Resistance: 57.782, 57.962
What it said to watch
M15 close above the 57.782 session high clears the double rejection and exposes the 57.962 Friday high
Failure to hold the 57.491 swing low breaks the higher-low line and points back to the 57.286 higher low
London open liquidity is likely to test the 57.49–57.78 Asian range
Weekend gap from 56.98 remains unfilled below the 57.286 higher low
Double top at 57.78 with the 57.58 neckline broken; the 57.29 higher low is still intact.
Silver gapped up at the weekly open above Friday's 56.98 close and climbed through the Asia session from the 57.09 asian low as October-hike bets faded. The rally met rejection twice at 57.78, forming a double top. Price has slipped below the 57.58 neckline and EMA20 to test the 57.49 swing low, with RSI(14) neutral near 48.
Support: 57.491, 57.286, 57.091
Resistance: 57.58, 57.782, 57.962
What it said to watch
A close below the 57.49 swing low exposes the 57.29 higher low and the 61.8% retracement near 57.36
A reclaim of the neckline and a close above 57.78 voids the double top and puts the 57.96 friday high back in play
London open in roughly 1.5h may test the Asian range; no US data is due until Tuesday's housing releases
05:16 UTC
Intraday uptrend, stalling at session high · RSI 57 · price 57.631
Higher lows since 02:00 UTC break of Asian range top; double test of 57.78.
Silver gapped up from Friday's 56.98 close as October hike bets faded. Late in the Asia session it broke the early range top at 57.487 and set a session high at 57.782. That high was tested twice, and the latest bar was rejected back to 57.60. The higher low at 57.578 still holds, sitting above the 38.2% fib of the Asian leg and on the higher low trend.
Support: 57.578, 57.487, 57.286
Resistance: 57.782, 57.96
What it said to watch
M15 close below the 57.578 higher low breaks the HL chain and puts the 57.487 range top back in play
Loss of the 57.286 swing low unwinds the Asian breakout
Close above the 57.782 session high opens the path to the 57.96 friday high
London open is about 2h out; no tier-1 USD data until Tue housing at 12:30 UTC
05:06 UTC
Intraday uptrend, pressing Asian high · RSI 65 · price 57.753
Higher-low chain from the 57.09 gap low, capped at 57.782.
Silver gapped up from the 56.98 close and built a higher-low chain through the Asia session. The relief bid comes as October Fed-hike bets fade. The asian high at 57.782 has been tested twice and is still capping; RSI(14) near 65 is not stretched, and the weekend gap remains unfilled.
Support: 57.578, 57.286, 57.091
Resistance: 57.782, 57.962
What it said to watch
M15 close above the 57.782 asian high opens the 57.96 prior high, the pre-sell-off peak
Break of the 57.578 swing low and the rising lows trendline ends the Asian higher-low chain
Loss of the 57.286 higher low exposes the 57.09 gap low and the unfilled gap toward 56.98
London open in about 2h is the first test of the Asian range, between the gap low and the asian high
Higher lows since Monday gap-up open; early Asian range 57.21–57.49 broken higher.
Silver gapped up from Friday's 56.98 close and has built higher lows through the Asia session as October Fed-hike bets faded. Price cleared the early 57.21–57.49 range top, set a 57.782 session high and is holding above the 57.578 pullback low. RSI(14) is near 64, and Friday's 57.95 prior high sits overhead.
Support: 57.578, 57.487, 57.286
Resistance: 57.782, 57.955
What it said to watch
M15 close below the 57.578 pullback low breaks the higher-lows chain; the 57.487 range top is then the retest area
Acceptance above the 57.782 session high exposes Friday's 57.95 prior high
Loss of the 57.286 swing low, beyond the 61.8% retrace of the Asia leg near 57.36, unwinds the gap-up advance
London open is due in about 2h and could test the Asia session extremes
Higher lows through Asia; early range broken, pulling back from 57.782.
Silver gapped above Friday's 56.977 close and built higher lows through the Asia session. At 02:00 UTC it broke the early 57.21–57.49 range and printed a 57.782 session high. It is now easing to 57.64 with RSI(14) near 59, on a relief bid as October Fed-hike bets fade.
Support: 57.578, 57.487, 57.286
Resistance: 57.782, 57.962
What it said to watch
Failure to hold the 57.578 pullback low exposes the 57.517 higher low at the 38.2% fib
M15 close back below the 57.487 range top would mark the Asia breakout as a false break
Break of the rising trendline near 57.37 and the 57.286 swing low ends the higher-low chain
Close above the 57.782 session high opens Friday's 57.962 prior high
London open in ~2.5h tends to expand the Asian range; no US data until Tue 12:15 UTC
Asian range break, higher-low chain under session high.
Monday gapped above Friday's 56.977 close. The Asia session then broke its 57.09–57.49 range (asian top) at 02:00 UTC and stepped up through higher lows to a 57.782 session high as October Fed-hike bets faded. Momentum is flattening just under the high, with RSI(14) near 66 and the last three bars compressing between 57.67 and 57.77.
Support: 57.673, 57.487, 57.286
Resistance: 57.782, 57.962
What it said to watch
A close above the 57.782 session high opens the 57.962 friday high
A close below the 57.673 higher low breaks the intraday HL chain and puts the 50% retracement of the Monday swing near 57.44 in focus
A return under the 57.487 asian top would turn the breakout into a false break; losing the 57.286 pullback low exposes the gap toward Friday's close
London open in roughly 3h is the first liquidity test of the Asian breakout; no US data until Tue housing at 12:30 UTC
04:04 UTC
Intraday uptrend off the Monday gap, momentum firm · RSI 66 · price 57.715
Asian range break above 57.49, higher-low chain intact.
Silver gapped above Friday's 56.98 close and the gap is still unfilled. The Asian leg then broke the 57.20–57.49 consolidation, set a higher low at 57.29 and printed a session high at 57.78, with RSI(14) near 66. The bid fits the digest's relief read: October-hike bets faded after Warsh gave no policy signal at the IMF.
Support: 57.49, 57.286, 57.091
Resistance: 57.782, 57.962
What it said to watch
M15 close back below the 57.49 range top turns the breakout into a false break
Loss of the 57.29 higher low breaks the intraday uptrend chain
Session high 57.78 is the first cap; a close above opens the Friday high at 57.96
London open in ~3h could extend or unwind the Asian range; asian low 57.09 marks the unfilled gap side
Asia higher-high/higher-low chain off the Monday gap.
Silver gapped up from Friday's 56.98 close and built a higher-low chain through the Asia session (57.286 swing low, 57.517 higher low) to a 57.782 session high, as October Fed-hike bets faded. Late in the Asian range price is pausing just under that high with RSI(14) near 66, not stretched.
Support: 57.517, 57.286, 57.091
Resistance: 57.782, 57.962
What it said to watch
M15 close above 57.782 session high extends the chain toward the 57.962 friday high
Failure to hold the 57.286 swing low breaks the higher-low sequence and puts the 57.091 gap open in view
London open liquidity could test either edge of the Asian range
03:32 UTC
Intraday uptrend, HH/HL chain in Asia · RSI 65 · price 57.706
Gap-up open, Asia range break, pressing session high.
Silver gapped above Friday's 56.98 close and held a 57.21–57.49 Asian range before breaking higher at 02:00 UTC. There was no fresh news over the weekend, and the USD was subdued on Fed-pause pricing. Price is now pressing the 57.71 session high, near the 78.6% retrace of Friday's NY drop, with the swing low at 57.29 keeping the higher-low chain intact.
Support: 57.545, 57.286, 57.206
Resistance: 57.708, 57.95
What it said to watch
Hold above the 57.55 breakout area keeps the Asian range break valid
Loss of the 57.29 swing low breaks the HL chain; below the 57.21 session low the gap-fill toward 56.98 comes into view
M15 close above 57.95 friday high would complete a full retrace of Friday's NY selloff
Light calendar until Tue 12:15 UTC US housing/ADP; London open is the next liquidity test of the session high
03:17 UTC
Intraday uptrend off the Monday gap · RSI 62 · price 57.63
Higher lows through Asia, pressing session high.
Silver opened Monday about 19 cents above Friday's 56.98 close. With no fresh weekend driver, the Asia leg built higher lows from the 57.21 swing low to 57.29 and is now pressing the 57.68 Asian high, with RSI(14) near 62. The bounce has retraced most of Friday's NY slide from the 57.96 Friday high, and price sits in the 57.60 relief area flagged in the digest.
Support: 57.286, 57.206, 57.091
Resistance: 57.683, 57.962
What it said to watch
A close above the 57.68 Asian high opens Friday's 57.82–57.96 congestion. A second stall there leaves a double test of the session high.
A break of the 57.29 higher low, then the 57.21 swing low, ends the Asia rising-lows sequence and puts the 57.09 Asian low and gap open back in play.
London open in about 4h tends to reset the Asian range. No US data is scheduled in the next 8h, so USD yields and Fed-path repricing remain the swing factor.
03:04 UTC
Intraday uptrend off the Monday gap · RSI 60 · price 57.571
Higher-low chain in Asia session after gap up; session high 57.681 just above.
Monday opened with a ~186-pip gap above the 56.977 Friday close. The Asia session has printed higher lows off the 57.091 gap low, cleared the 57.49 cap to a 57.681 asian high and held the 57.286 swing low on the pullback. With no fresh weekend driver, the 57.95 Friday high, rejected twice on Friday, is the overhead reference.
Support: 57.286, 57.091, 56.977
Resistance: 57.681, 57.95
What it said to watch
M15 close below the 57.286 swing low breaks the higher lows trendline and the Asian HL chain
Loss of the 57.091 gap low exposes a gap fill toward the 56.977 friday close
Close above the 57.681 asian high opens the 57.95 friday high zone
No US data until Tue 12:15 UTC housing/ADP; London open is the next liquidity test of the Asian range
Asian range broken higher, spike high rejected, higher lows intact.
Monday's Asia session opened with a gap up from Friday's 56.977 close. The gap remains unfilled, with the asian low at 57.091. The 57.21–57.49 range broke higher at 02:00 UTC, but the move met rejection at the 57.681 session high. Higher lows at 57.206 and the 57.286 swing low hold price near the 61.8% retrace of Friday's NY drop (57.946–56.88). There is no fresh driver after the weekend.
Support: 57.286, 57.091, 56.977
Resistance: 57.681, 57.946
What it said to watch
Close above the 57.681 session high puts the fri ny high at 57.946 back in view
Failure to hold the 57.286 swing low breaks the higher-lows line and exposes the 57.091 asian low
A move back to the 56.977 fri close fills the weekend gap and resumes Friday's NY decline
London open is likely to expand the session range beyond the ~180-pip ATR
Higher-lows read invalidated on a close below 57.206
Asian range 57.21–57.49 with a rejected spike to 57.68.
Silver gapped about 186 pips above the 56.98 Friday close, with no fresh weekend driver, and the Asia session has built a range between the 57.21 range floor and the 57.49 range top. A spike to the 57.68 session high was rejected straight back inside. Price is holding near the 50% retrace of the Monday swing, and the rising lows are still intact.
Support: 57.21, 57.09, 56.98
Resistance: 57.49, 57.68, 57.95
What it said to watch
Close above the 57.68 session high opens the 57.95 Friday high, where the prior double peak sits
Break of the rising lows and the 57.21 range floor exposes the 57.09 open low and a gap fill toward the 56.98 Friday close
London open in about 4.5h is the first real test of the Asian range; Hormuz headlines are the main event risk
02:17 UTC
Short-term uptrend off the weekend gap · RSI 64 · price 57.565
Asian range broken to the upside, higher lows since 00:15 UTC.
Silver gapped up from Friday's 56.98 close and has not filled the gap. Early Asia held a 57.21–57.49 range until the 01:30 UTC bar broke the Asian high to a 57.68 session high, with RSI(14) near 64. Weekend Hormuz headlines set a safe-haven tone at the open, and the Friday high at 57.95 is the next cap overhead.
Support: 57.487, 57.206, 56.977
Resistance: 57.681
What it said to watch
A pullback that holds the Monday leg fib 50% near 57.39 keeps the breakout read intact
An M15 close back below the asian high at 57.49 would turn the break into a false break
Losing the asian low at 57.21 opens a gap fill toward 56.98
A close above the 57.68 session high puts the friday high at 57.95 in play
Oil and Hormuz headlines are the live driver; no US data is due before Tue Oct 20
02:04 UTC
Rebound after weekend gap, flattening into range · RSI 56 · price 57.414
Asian range 57.21–57.49 with higher lows under a flat cap.
Silver opened Asia with a ~190-pip gap above the 56.977 friday close, as weekend Hormuz headlines kept a haven bid in place. Price has since retraced half of Friday's NY selloff from the 57.946 friday high to the 56.88 friday low. It is now pinned inside a 57.21–57.49 Asian range, with four rejections at the 57.48 asian high and RSI(14) neutral near 56.
Support: 57.21, 56.977, 56.88
Resistance: 57.487, 57.946
What it said to watch
M15 close above the 57.49 asian high opens the selloff fib 61.8% at 57.54, then the 57.946 friday high
Break of the 57.21 range floor puts a gap fill toward the 56.977 friday close in play
Loss of the 56.88 friday low would extend Friday's lower-low sequence
Hormuz/oil headlines into the London open could materially shift this read
Weekend gap up, Asian range 57.21–57.49 with session high under repeated test.
Silver gapped about 186 pips above Friday's 56.977 close at the Asia open on weekend Hormuz headlines. It has since held a 57.21 range floor, with three tests of the 57.49 session high in the last hour and price pressing it now. The bounce sits between the 50% and 61.8% retracement of Friday's 57.946 lower high to 56.88 drop.
Support: 57.21, 57.091, 56.977
Resistance: 57.487, 57.946
What it said to watch
M15 close above the 57.49 session high breaks the Asian range and puts the 61.8% retrace near 57.54 and the 57.946 lower high in view
Rejection at the session high followed by a break below the 57.21 range floor and the 57.09 session low reopens the gap fill at 56.977
Hormuz/oil headlines into the London open could add to or unwind the haven bid behind the gap
01:32 UTC
Rebounding off Friday's low, flat inside Asian range · RSI 57 · price 57.402
Gap-up Asian range 57.21–57.49, higher lows, gap unfilled.
Silver opened the week about 186 pips above Friday's 56.98 close after weekend Hormuz headlines. Early Asia session is boxed between the 57.21 asian low and the 57.49 asian high, with price sitting on the 50% retracement of Friday's NY selloff fib. Dips toward 57.21 were absorbed four times, and the gap remains open.
Support: 57.21, 56.98, 56.88
Resistance: 57.49, 57.73
What it said to watch
M15 close above the 57.49 asian high puts the 61.8% fib at 57.54 and the 57.73 ny pivot (Friday's last lower high before the slide) in play
Failure to hold the 57.21 asian low reopens the gap fill at 56.98 and the 56.88 friday low
London open liquidity is the likely trigger to break the Asian range
Oil and Hormuz shipping headlines can shift the haven/USD mix; no US data until Tue 12:15 UTC
01:17 UTC
Neutral, gap-up holding · RSI 57 · price 57.373
Asian range 57.21–57.49 above unfilled weekend gap.
Monday's Asia session opened with a gap roughly 186 pips above Friday's 56.977 close, on weekend Hormuz haven headlines. Price then compressed into a 57.21–57.49 Asian range, with a rejection at the 57.487 Asian high. Price now sits just under the 50% retracement (57.41) of Friday's 57.946–56.88 sell-off, with EMA20 and EMA50 flat just below.
Support: 57.206, 56.977, 56.88
Resistance: 57.487, 57.539, 57.946
What it said to watch
M15 close above the 57.487 Asian high puts the fib 61.8 at 57.539, then the 57.946 Friday high, in play
Failure to hold the 57.206 Asian low reopens the gap toward the Friday close at 56.977, then the Friday low at 56.88
Fresh Hormuz/oil headlines into London could materially shift this read; no US data until Tue 12:15 UTC
01:06 UTC
Intraday recovery after weekend gap · RSI 62 · price 57.38
Gap up, holding a 57.21–57.44 Asian range, top under test.
Monday's Asia session opened about 186 pips above the 56.98 Friday close. There was no fresh data, so weekend Hormuz headlines were the only driver. Twin Asian lows near 57.21 have held, and the current bar is probing the 57.49 session high around the 50% fib of Friday's 57.95–56.88 selloff, RSI(14) near 62.
Support: 57.21, 57.09, 56.98
Resistance: 57.49, 57.73, 57.95
What it said to watch
M15 close above the 57.49 session high breaks the Asian range and puts the 61.8% fib at 57.54 and the 57.73 breakdown pt from Friday's NY selloff in play, with the 57.95 friday high above that
Failure to hold the 57.21 asian lows shifts focus to the 57.09 session low and a fill of the gap to the 56.98 friday close
Oil and Hormuz headlines into the London open are the main risk to this read; no US data is scheduled in the next 8h
00:47 UTC
Range after weekend gap up · RSI 60 · price 57.288
Early Asian range inside unfilled gap, capped near 50% fib.
Asia opened with a ~186-pip gap above the 56.977 friday close, retracing to the 38.2–50% fib of Friday's NY selloff from 57.946. The early Asian range runs 57.206 asian low to 57.438 session high. The high was capped twice near 57.43, price sits just under EMA50 and the gap is unfilled; weekend Hormuz headlines are the only fresh driver.
Support: 57.206, 57.091, 56.977
Resistance: 57.438, 57.73
What it said to watch
Break below the 57.206 asian low brings the 57.091 gap bar low and a gap fill toward the 56.977 friday close into play
Close above the 57.438 session high clears the 50% fib and exposes the 57.73 lower high from Friday NY
Oil/Hormuz headlines into the London open could materially shift this read
00:32 UTC
Flat after Monday gap higher · RSI 50 · price 57.252
Tight Asian range above unfilled weekend gap.
Asia opened Monday about 185 pips above Friday's 56.977 close as weekend Hormuz headlines lifted haven demand. Price has since held a 57.206–57.438 Asian range, with two rejections at the range high near the 50% retrace of Friday's NY decline. RSI(14) sits near 50 and price is pinned between EMA20 and EMA50, so no directional setup is in play.
Support: 57.206, 57.091, 56.977
Resistance: 57.438, 57.766
What it said to watch
M15 close below the 57.206 range low brings the 57.091 session low and a gap fill toward the 56.977 Friday close into view
Break and hold above the 57.438 range high clears the 50% retrace and opens Friday's 57.766 lower high
Hormuz or oil headlines into the London open could extend or unwind the weekend gap
Post-gap Asian range 57.09–57.44, below Friday lower high.
The Asia session opened about 186 pips above Friday's 56.977 close after weekend Hormuz headlines. Price is rotating between the 57.207 micro low and the 57.438 session high, sitting on the 38.2% retracement of Friday's sell-off and just under EMA50. The session high lines up with the 50% level and has capped two pushes.
Support: 57.207, 57.091, 56.977
Resistance: 57.438, 57.73
What it said to watch
M15 close above the 57.44 session high and 50% fib opens Friday's 57.73 lower high
Loss of the 57.09 session low puts the 56.977 gap fill in play
Fresh Strait of Hormuz or oil headlines during Asia could extend or reverse the opening gap
00:04 UTC
Rebounding off Friday low, early-Asia range · RSI 62 · price 57.377
Gap-up open holding above Friday close, higher lows inside 57.207–57.428.
Monday's Asia session opened about 186 pips above Friday's 56.977 close as weekend Hormuz headlines hit. The gap is unfilled, and price is printing higher lows off the 57.207 swing low. The session high at 57.428 is capping, right at the 50% retrace of Friday's NY drop from 57.946 to the 56.88 Friday low.
Support: 57.207, 56.977, 56.88
Resistance: 57.428, 57.50
What it said to watch
Close above the 57.428 session high and the 50% retrace exposes the 57.50 round number and the 61.8% at ~57.54
Break of the 57.207 swing low and the rising-lows line puts the 56.977 gap fill back in play
Gap fill failing to hold reopens the 56.88 Friday low
Further Hormuz or oil headlines during Asia could materially shift this read