Thin Asian-session drift extended the decline off the 57.45 peak, printing a session low at 56.094 before a shallow bounce to 56.27. Price sits below EMA20/50 with RSI mid-40s; volume is very light into the fresh week's open.
Support: 56.094, 56.00
Resistance: 56.44, 56.79
What it said to watch
Break below 56.094 opens the 56.00 psych level
Reclaim of 56.44 then 56.79 would break the lower-high sequence
Volume remains thin — moves may not hold once London opens
23:47 UTC
Downtrend, stabilising · RSI 42 · price 56.273
Lower highs into session low, stalling.
Silver rolled over from the 57.0 area through the daily break, extending to a 56.094 session low before stabilising near 56.27 in thin Asian trade. RSI(14) sits in the low 40s after the slide; price holds below EMA20 and EMA50 with lower highs still capping.
Support: 56.094, 55.00
Resistance: 56.44
What it said to watch
Loss of 56.094 session low extends the down leg toward 55.00 psych
Reclaim of 56.44 prior base would neutralise the lower-high sequence
S&P Global PMIs later this week are the next high-impact catalyst
Silver bled lower through Asian hours, sliding from the 56.79 pivot to a 56.094 session low before a shallow bounce to 56.275, RSI(14) near 38. Sequence of lower highs intact; the 56.44 area capped the last attempt higher.
Support: 56.094, 56.00
Resistance: 56.44, 56.79
What it said to watch
M15 close above 56.44 breaks the lower-high sequence
Break of 56.094 opens 56.00 round number
Middle East headlines remain an unscheduled swing factor
Silver ground lower through the session off the 57.46 spike high, printing a session low at 56.09 before a shallow bounce to 56.27; RSI cooling into the low 40s. Lower-high chain intact, prior low at 55.72 the next reference below.
Support: 56.094, 55.72
Resistance: 56.44
What it said to watch
M15 close below 56.09 session low exposes 55.72 prior low
Reclaim of 56.44 swing high needed to break the lower-high chain
Silver ground lower through the Asia session, extending the slide off the 57.16 session high and slicing the 56.44 shelf to print 56.09 before a shallow bounce to 56.26. RSI(14) near 38, cooling but not yet oversold on thin holiday-open volume.
Support: 56.094, 56.00
Resistance: 56.44, 57.16
What it said to watch
Reclaim of 56.44 would neutralise the lower-high sequence
Failure to hold 56.09 opens 56.00 round number
S&P Global PMIs (Fri) are the next high-impact catalyst
Silver ground lower through thin Asia hours, printing a session low at 56.094 before a shallow bounce to 56.264. Price holds below EMA20/50 with a chain of lower highs; RSI(14) near 38 is soft but not stretched. Two-day rebound off the YTD low is stalling under the descending highs.
Support: 56.094, 56.00
Resistance: 56.59
What it said to watch
Loss of 56.094 exposes the 56.00 psych level
Reclaim of 56.59 swing high needed to break the lower-high chain
Thin Asia liquidity can exaggerate moves at the session low
Silver slid steadily into early Asia, dropping from ~57.05 to a session low of 56.09 with RSI(14) near 30. Lower highs and lower lows dominate the last several hours; the digest notes rallies capped near the $57.25 wedge hurdle. Volume is thin on the latest bars, typical of the early-Asia window.
Support: 56.094, 56.00
Resistance: 56.44
What it said to watch
M15 close back above 56.44 breaks the lower-high chain
Break of 56.09 session low exposes the 56.00 psych figure
Silver rolled over from the 57.46 spike and has printed steady lower highs and lower lows, breaking down through 56.36 into a fresh session low at 56.094. RSI(14) near 33 with price stretched below EMA20/50 — momentum firmly on the sell side; corrective bounces off the wider $57.25 wedge hurdle keep failing.
Support: 56.094, 56.00
Resistance: 56.356, 56.436
What it said to watch
M15 close below 56.094 opens 56.00 psych
Reclaim of 56.436 gap high needed to ease downside pressure
S&P Global PMIs Fri could materially shift this read
22:47 UTC
Downtrend, session fade · RSI 35 · price 56.184
Lower highs, pressing session low.
Silver rejected the 57.46 session high and rounded over into a steady decline, now pressing the session low at 56.18 with price below EMA20/50 and RSI(14) sub-35. The 2-day corrective bounce is stalling well below the $57.25 hurdle flagged in the broader read; each rally into 56.79 has been sold.
Support: 56.00
Resistance: 56.44, 56.79, 57.17
What it said to watch
Close below 56.00 round number opens 55.50
Reclaim of 56.44 prior swing needed to ease downside pressure
Thin final bar marks session close — fresh liquidity may reset the range
22:47 UTC
Downtrend, lower highs into Asia · RSI 37 · price 56.184
Rolled off 57.33 peak, sequence of lower highs and lower lows.
Silver rolled over from the 57.33 session peak and has ground out lower highs into thin Asia-hours trade, now pressing the 56.175 low with RSI(14) cooling into the mid-30s. The corrective USD-softness bounce noted in context kept capping near the 57.25 wedge hurdle before supply took over.
Support: 56.175, 56.00
Resistance: 56.44, 57.17
What it said to watch
M15 close back above 56.44 negates the lower-high sequence
Break of 56.175 session low opens 56.00 round number
Thin late-session volume can distort the read until London reopens
Lower highs and lower lows, basing at session low.
Silver rolled over from the 57.45 session high through NY hours, printing a clean chain of lower highs down to 56.27. Price is now grinding flat along the 56.27-56.42 base in thin late-session trade, RSI(14) near 39; rallies stayed capped well below the 57.25 wedge hurdle noted in the wider read.
Support: 56.272, 56.35
Resistance: 56.44, 56.79
What it said to watch
Break of 56.27 session low extends the lower-low sequence
Reclaim of 56.44 then 56.79 would ease the downside pressure
Thin late-session liquidity can exaggerate the next move
22:32 UTC
Downtrend, drifting into late session · RSI 39 · price 56.322
Lower highs, lower lows off 57.45.
Silver rolled over from a 57.45 rejection and printed a chain of lower highs into the thin, low-volume late-Asia session, last at 56.32. RSI(14) sits in the high-30s with price below EMA20/50; sellers capping each bounce near 56.44.
Support: 56.272, 56.359, 56.10
Resistance: 56.44, 56.79
What it said to watch
Loss of 56.27 confirms continuation toward 56.10
M15 close back above 56.79 breaks the lower-high chain
S&P Global PMIs (Jul 24) are the next high-impact catalyst
22:17 UTC
Short-term downtrend off session high · RSI 38 · price 56.34
Lower highs, flattening near session low.
Silver faded from the 57.46 session high in a chain of lower highs, now grinding flat around the 56.33 session low on thin late-session volume. The move is a pullback within the corrective bounce off Friday's YTD low; RSI(14) near 38, no momentum reset yet.
Support: 56.33, 56.00
Resistance: 56.68, 57.46
What it said to watch
Loss of 56.33 confirms continuation lower toward 56.00 psych
Reclaim of 56.68 swing high needed to break the lower-high sequence
S&P Global PMIs Fri could reshape the corrective read
Lower highs since 57.17 rejection, grinding to session low.
M15 in a downtrend, printing lower highs since the rejection at 57.17 and now pressing the session low around 56.32 on thin late-session volume. This sits within a broader corrective bounce off the 54.77 YTD low, but intraday flow is offered with price under both EMAs and RSI in the low 40s.
Support: 56.32
Resistance: 56.68, 57.17
What it said to watch
Close above 56.68 swing high breaks the lower-high chain
Break of 56.32 session low extends the downside leg
S&P Global PMIs Fri could reprice USD and shift this read
M15 rolled over from the 57.16 swing high, stringing lower highs down into a 56.36 session low. Bars have compressed to 5-6 cent ranges in late-session thin trade, RSI sub-40 but flattening as price stalls just above the low.
Support: 56.356
Resistance: 56.79, 57.16
What it said to watch
Close below 56.356 extends the lower-low sequence toward 55.60
Reclaim of 56.79 needed to negate the descending highs
S&P Global PMIs Fri could reset intraday structure
Silver faded from the 57.46 NY-session high in a chain of lower highs and is now consolidating around 56.40, just above the 56.35 session low, on thin post-NY volume. RSI cooling near 40, price capped below the 57.25 trendline hurdle flagged in the corrective-bounce context.
Support: 56.353, 56.00
Resistance: 56.79, 57.25
What it said to watch
M15 close below 56.35 session low opens the 56.00 round number
Reclaim of the 56.79 swing high needed to challenge the 57.25 trendline
S&P Global PMIs Fri could reshape the USD/silver read
Silver rolled over from the 57.46 intraday peak and stair-stepped lower through the NY session, printing lower highs into the session low at 56.36. Price is now flat in the low 56.4s on thin late-session volume, RSI(14) cooling near 41 as the bounce off Friday's YTD low stalls under the 56.70 swing high.
Support: 56.36, 56.25
Resistance: 56.70
What it said to watch
M15 close below 56.36 confirms a fresh lower-low and opens the 56.25 fib 0.618 area
Reclaim of the 56.70 swing high would negate the lower-high sequence
Thin Asia-session liquidity now — moves can overshoot both ways
NY session faded from the 57.17 high in a clean lower-high sequence down to session lows near 56.35. Price is now coiling in a tight 56.35-56.44 band on thin late-session volume; silver's bounce off the YTD low stays corrective while below the 56.79 lower high.
Support: 56.35, 55.52
Resistance: 56.79, 57.17
What it said to watch
M15 close above 56.79 breaks the lower-high sequence
Break below 56.35 session low exposes 55.52
S&P Global PMIs Fri could reshuffle the rate-hike premium capping silver
Silver drifted lower through the NY-Asia handover, rolling off the 57.33 intraday high in a chain of lower highs down to a 56.35 session low, RSI(14) near 40. Late-session candles are flattening into a tight consolidation just above that low, in keeping with the corrective-rally, still-heavy backdrop.
Support: 56.353, 55.52
Resistance: 56.70
What it said to watch
M15 close below 56.35 opens the path back toward the 55.52 prior low
NY session rolled over from the 57.45 session high with a chain of lower highs, and price has drifted back to the 56.35 session low. Last few bars are tight and thin into the Asia handover, consolidating in a 56.35-56.44 band with RSI(14) mid-40s.
Support: 56.353, 55.61
Resistance: 56.694
What it said to watch
M15 close below 56.35 session low opens the path toward the 55.61 gap low
Reclaim of 56.70 recent high needed to challenge the descending lower-high line
S&P Global PMIs Fri are the week's key macro read for silver
Silver was rejected at the 57.46 session high and ground lower through NY hours, printing a clean lower-high, lower-low chain now sitting near the 56.35 session low. Momentum is thin into the late-session/Asia handover with RSI(14) mid-40s; the corrective bounce off Friday's YTD low has stalled below the 56.66 swing.
Support: 56.353, 56.00
Resistance: 56.66, 57.46
What it said to watch
M15 close below 56.35 extends the lower-low sequence toward 56.00 round number
Reclaim above 56.66 swing high breaks the intraday downtrend read
21:17 UTC
Intraday pullback off session high · RSI 43 · price 56.405
Lower highs since 57.45, flattening near 56.40.
Silver rolled over from the session high at 57.45 through NY hours, printing lower highs into the Asia session and now flat around 56.40 on thinning volume just above the recent 56.35 low. Price sits below EMA20 and EMA50; corrective bounce off Friday's YTD low is stalling.
Support: 56.35, 56.00
Resistance: 56.79, 57.45
What it said to watch
M15 close below 56.35 opens the path toward 56.0
Reclaim of 56.79 swing high needed to challenge the lower-high sequence
S&P Global PMIs Fri could rebuild the USD bid and pressure this read
Silver rolled over from the session high at 57.45, printing a chain of lower highs through the late-NY/Asia thin hours and drifting into the session low near 56.35. Price is now consolidating just above that low with volume drying up and RSI(14) around 41; the corrective bounce off Friday's YTD low is losing steam here.
Support: 56.353, 55.51
Resistance: 56.79, 57.45
What it said to watch
M15 close below 56.35 confirms a lower-low and exposes 55.51
Reclaim of 56.79 breaks the lower-high sequence off 57.45
21:05 UTC
Intraday downtrend off session high · RSI 37 · price 56.405
Lower highs, lower lows since 57.45.
Silver was rejected at the session high of 57.45 during NY hours and unwound into a lower-highs, lower-lows sequence, now grinding at 56.40 near session lows. Volume is thinning into the Asia handover and RSI(14) sits in the mid-30s — soft but not yet oversold.
Support: 56.35, 56.00
Resistance: 56.79, 57.45
What it said to watch
Reclaim of 56.79 would break the lower-highs sequence
Loss of 56.35 session low opens the path toward 56.00
Corrective bounce off Friday's 54.77 YTD low still in play per broader read
20:47 UTC
Downtrend off intraday peak · RSI 42 · price 56.422
Lower highs, testing session low.
Silver rejected at 57.458 during NY hours and has ground lower into the late session, printing successive lower highs and now sitting on the session low at 56.353 with RSI(14) mid-40s. Corrective bounce off Friday's YTD low is stalling; supply capping each push toward 57.06.
Support: 56.353, 56.00
Resistance: 56.694, 57.06, 57.458
What it said to watch
M15 close below 56.353 extends the down leg toward the 56.0 round number
Silver rolled off the 57.46 NY high and has printed a steady chain of lower highs and lower lows into 56.35, matching the digest's corrective-rally-not-turn read. Price sits below EMA20/50 with RSI(14) near 39; last bars are thin end-of-day tape, so momentum is soft rather than impulsive.
Support: 56.353, 56.10
Resistance: 56.79
What it said to watch
Loss of 56.35 session low confirms the next lower-low toward 56.10
Reclaim of 56.79 swing high breaks the lower-high sequence
S&P Global PMIs Fri could reprice USD and drive silver's next leg
20:32 UTC
Downtrend, pullback off session high · RSI 36 · price 56.387
Lower highs, testing session low.
Silver rolled over from the 57.46 session high through NY hours, grinding into 56.35 support with RSI(14) near 36. Move fits the corrective-rally-fading context after the bounce off Friday's YTD low; price is stalling in a thin, late-session tape.
Support: 56.353
Resistance: 56.694
What it said to watch
Break of 56.35 session low extends the intraday lower-low sequence
Reclaim of 56.69 swing high would neutralise the downtrend read
S&P Global flash PMIs Fri could reset the broader silver tone
Silver rolled over from the 57.45 session high and is grinding lower into 56.35 on thinning end-of-NY volume, unwinding the corrective bounce off the YTD low. RSI(14) near 40 with a clean lower-high chain intact; price sits below EMA20 and EMA50.
Support: 56.35, 55.51
Resistance: 56.79, 57.45
What it said to watch
M15 close below 56.35 exposes the 55.51 swing low
Reclaim of 56.79 needed to break the lower-high chain
S&P Global flash PMIs Fri could reshape the read
20:17 UTC
Downtrend, lower highs · RSI 34 · price 56.359
Corrective bounce fading, LH/LL chain.
Silver drifting lower through the NY session, printing session low 56.36 after rejection at 57.17. Sequence of lower highs intact and price sits below EMA20/50; RSI(14) near 34 as the bounce off Friday's YTD low loses steam.
Support: 56.356, 56.00
Resistance: 56.79
What it said to watch
M15 close above 56.79 breaks the lower-high chain
Break of 56.36 session low opens the 56.00 psych level
S&P Global PMIs Fri could reshape the broader read
Silver rolled over from the 57.17 session high and has printed a steady lower-high, lower-low sequence into late NY hours, now probing the session low at 56.356 on thin volume. Corrective bounce off Friday's YTD low has stalled; RSI(14) near 38 with price pinned under EMA20/50.
Support: 56.356, 56.00
Resistance: 56.694, 57.168
What it said to watch
M15 close below 56.356 opens the path to 56.00
Reclaim of 56.694 needed to break the descending lower-high sequence
Silver rolled over from the 57.17 session high through the NY session and is grinding into the 56.36 session low, RSI(14) mid-40s and price under both EMAs. This is a corrective slide within the bounce off Friday's YTD low; supply capped at 57.05-57.17 twice.
Support: 56.359, 56.00
Resistance: 56.79, 57.05, 57.17
What it said to watch
M15 close below 56.36 opens the path toward the 56.00 psych level
Reclaim of 56.79 negates the lower-high sequence
S&P Global PMIs Fri could materially shift this read
Silver has faded steadily through the NY afternoon off the 57.46 session high, printing a clean chain of lower highs into 56.36. Price sits below EMA20/50 with RSI in the low 40s; the move is corrective against last week's slide per the softer-USD bounce narrative, and momentum is one-directional intraday.
Support: 56.359, 56.00
Resistance: 56.787, 57.458
What it said to watch
Reclaim of 56.79 breaks the lower-high sequence
Loss of 56.36 session low opens the path toward 56.00
S&P Global PMIs Fri could reset this intraday read
Silver rolled off the 57.46 NY-session spike into a chain of lower highs, now pressing the 56.41 session low with price below both EMAs. This fits the corrective-rally-fading read after last week's slide, RSI(14) near 38 but not yet stretched.
Support: 56.41, 56.00
Resistance: 56.79, 57.46
What it said to watch
Failure to hold 56.41 confirms a lower-low and opens 56.00
M15 close back above 56.79 breaks the lower-high sequence
S&P Global flash PMIs (Fri) are the next material catalyst
Silver rejected the 57.46 session high through late NY hours and has ground lower in a chain of lower highs, now testing the 56.41 session low with RSI(14) mid-40s. The broader bounce off Friday's YTD low is holding but this intraday leg is corrective and losing steam.
Support: 56.41, 55.52
Resistance: 56.79, 57.46
What it said to watch
M15 close above 56.79 breaks the lower-high sequence
Failure to hold 56.41 exposes the 55.52 weekend low
S&P Global flash PMIs Fri could shift the rate/inflation read
Silver spiked to a session high of 57.458 during NY hours then faded, printing lower highs into 56.40 support where buyers stepped in twice. Price sits below EMA20/50 with RSI(14) around 43, part of a corrective bounce off the YTD low that stays capped under the 57.25 trend-line hurdle.
Support: 56.41, 55.51
Resistance: 56.99, 57.17, 57.46
What it said to watch
M15 close below 56.41 confirms a lower low, exposing 55.51
Reclaim of 56.99 needed to re-challenge the 57.17/57.46 session highs
Lower highs off session high, drifting into support.
Silver rolled off the 57.46 session high and has printed a chain of lower highs through the NY session, now probing the 56.41 session low. RSI(14) mid-40s, no extreme; price trades below EMA20 and EMA50 as the corrective bounce off Friday's YTD low stalls.
Support: 56.41
Resistance: 57.05, 57.46
What it said to watch
M15 close above 57.05 swing high breaks the lower-high sequence
Loss of 56.41 session low exposes a leg toward $55 support
Silver holds a bearish weekly structure; this remains a corrective bounce read
Silver rolled over from the 57.46 NY spike into a sequence of lower highs, now probing the 56.41 session low late in NY hours. The digest frames this as a corrective bounce off Friday's YTD low, not a trend turn; RSI(14) cooling into the low 40s with price beneath both EMAs.
Support: 56.41, 56.38
Resistance: 56.79
What it said to watch
M15 close below 56.41 confirms a fresh lower-low
Reclaim above 56.79 breaks the lower-high sequence
Silver rolled over from the 57.17 range high through late NY hours, printing a lower-high sequence into the session low at 56.41, RSI(14) cooling near 41. Price is holding just above the 50% retrace of the 55.51–57.36 rally with 56.79 capping bounces.
Support: 56.414, 56.379
Resistance: 56.79, 57.17
What it said to watch
M15 close below 56.41 confirms a lower low, exposing 56.38
Reclaim of 56.79 breaks the lower-high sequence
S&P Global PMIs Fri could reset the broader silver read
Lower highs since 57.458 spike, probing 56.48 support.
Silver spiked to 57.458 in the NY session then rejected, printing a chain of lower highs back to the 56.48 swing low where it now sits. RSI(14) mid-40s, no oversold stretch; the corrective bounce off Friday's YTD low has stalled inside 56.48–56.90.
Support: 56.48, 56.379
Resistance: 56.90, 57.458
What it said to watch
M15 close above 56.90 breaks the lower-high sequence
Failure to hold 56.48 exposes the 56.38 session low
Fri S&P Global PMIs the next major driver, outside this window
19:03 UTC
Pullback off session high · RSI 43 · price 56.583
Lower highs since 57.46 spike, testing session low.
Silver spiked to 57.46 mid-NY then faded through the afternoon, printing lower highs and now grinding the 56.48 session low as part of the wider corrective bounce off Friday's YTD low. Price sits below EMA20 and EMA50 with RSI(14) mid-40s, roughly the 50% retrace of the 55.51-57.46 leg.
Support: 56.48, 56.38, 55.51
Resistance: 57.05, 57.46
What it said to watch
Loss of 56.48 session low confirms the lower-low sequence
Reclaim of 57.05 swing high negates the pullback read
S&P Global PMIs Fri could reset the broader tone
18:47 UTC
Intraday pullback off session high · RSI 42 · price 56.513
Lower highs since 57.46, drifting toward 56.50.
Silver stalled at the 57.46 session high and has faded through the NY afternoon, printing lower highs into 56.51 with RSI(14) around 42. Price sits near the 50% retrace of the 55.51-57.46 up leg; the metal is holding its corrective bounce off Friday's YTD low but has lost intraday momentum.
Support: 56.38, 56.00
Resistance: 57.06, 57.46
What it said to watch
M15 close below 56.38 swing low opens 56.0
Reclaim of 57.06 needed to re-challenge the 57.46 session high
Silver rolled over from the 57.46 NY session spike and is grinding lower into 56.5 support, RSI(14) sub-40 as the corrective bounce off the YTD low loses steam. A chain of lower highs has capped every push since; price now sits on the session low with buyers yet to defend.
Support: 56.48, 56.38, 56.30
Resistance: 56.85, 57.46
What it said to watch
M15 close below 56.38 exposes 56.30 then the 55 handle
Reclaim of 56.85 negates the lower-high sequence
S&P Global PMIs Fri could reset the USD/inflation read
18:32 UTC
Recovery stalling, pulling back · RSI 44 · price 56.621
Lower highs off 57.46 spike.
Silver spiked to a session high of 57.458 during NY hours then faded, printing lower highs back to 56.62 as the corrective bounce off Friday's YTD low loses steam. RSI(14) has cooled into the mid-40s and price sits below EMA20/50, mid the 56.38–57.05 intraday range.
Support: 56.51, 56.379
Resistance: 57.05, 57.458
What it said to watch
M15 close below 56.51 opens the 56.38 swing low
Reclaim of 57.05 needed to re-test the 57.46 session high
Pullback within 56.50-57.10 range after spike high.
Silver spiked to 57.46 into the NY session off Friday's YTD low, then faded on a series of lower highs, now drifting to 56.62 below EMA20/50 with RSI cooling to ~43. Price is holding the 56.50 range low but momentum has rolled over intraday.
Support: 56.50, 56.38
Resistance: 57.10, 57.46
What it said to watch
M15 close below 56.50 opens the 56.38 swing low
Reclaim of 57.10 range top needed to revive the bounce
Silver spiked to 57.458 on the NY session then got rejected, unwinding into a 56.38–57.06 range where it now sits at 56.822. Move is a corrective bounce off the YTD low per the broader bearish backdrop; RSI(14) hovering near 52 with no momentum edge.
Support: 56.379
Resistance: 57.06, 57.25, 57.458
What it said to watch
Close above 57.25 wedge hurdle would extend the bounce toward 57.458
Break below 56.38 swing low resumes the downside
Range holds 56.38–57.06 — no setup in play while inside
18:17 UTC
Rally stalling, now ranging · RSI 49 · price 56.822
Consolidation below session high after pullback.
Silver spiked to a session high of 57.46 during NY hours on short-covering off Friday's YTD low, then faded and has coiled between 56.50 and 57.05. RSI(14) back to neutral near 49; price now chopping around EMA20 with no directional bias in play.
Support: 56.50
Resistance: 57.05, 57.25, 57.46
What it said to watch
M15 close above 57.25 wedge opens 57.46 session high
Failure to hold 56.50 session low confirms a lower-low
Silver spiked to 57.458 into the NY session then got rejected, and has since chopped between 56.51 and 57.17, part of a corrective bounce off the YTD low. RSI(14) sits mid-range near 46 as price idles just under EMA20; no clear intraday setup while the range holds.
Support: 56.51, 56.379
Resistance: 57.168, 57.25, 57.458
What it said to watch
M15 close above 57.25 wedge hurdle opens the path back to the 57.458 session high
Loss of 56.51 session low reopens the 56.379 spike low
S&P Global PMIs Fri 13:45 UTC could materially shift this read
Silver spiked to 57.45 in the NY session then rejected, and price has since drifted lower into a 56.50–57.10 range with a chain of lower highs. Move fits the digest's corrective bounce off the 54.77 YTD low; RSI(14) neutral near 46 with buyers repeatedly defending 56.50.
Support: 56.51
Resistance: 57.06, 57.17, 57.25
What it said to watch
M15 close above 57.25 opens the wedge hurdle read
Break below 56.50 confirms range failure toward 55
Oil/Hormuz headlines could inject sharp volatility
Silver spiked to 57.46 then got rejected at the 57.25 wedge hurdle, now drifting back to 56.75 through the NY afternoon on a corrective bounce off Friday's YTD low. RSI(14) near 45 as the move loses steam; price sits around the 38.2% retrace of the 55.52-57.46 leg, below EMA20.
Support: 56.51, 56.379, 55.52
Resistance: 57.168, 57.25, 57.458
What it said to watch
M15 close below 56.50 opens 56.38 then the 55.52 gap low
Reclaim of the 57.25 wedge hurdle would re-expose 57.46
S&P Global PMIs Fri could reshape the read via Fed-hike pricing
NY-session silver extended its corrective bounce off the YTD low but stalled below 57.16 after a spike to 57.458 was faded. Price has slipped back to 56.76 with RSI(14) cooling to the mid-40s; the up leg from 56.51 is now roughly two-thirds retraced.
Support: 56.51, 56.38
Resistance: 57.458
What it said to watch
M15 close below 56.51 opens the 56.38 range low
Reclaim of 57.16 session high would revive the intraday bounce
S&P Global PMIs Fri could shift the USD read and silver's beta move
Silver spiked to 57.458 during the London-NY transition then got rejected, fading back to 56.80 as short-covering off the YTD low stalls under the 57.25 wedge hurdle. Now consolidating 56.51–57.17 into late NY hours, RSI(14) neutral near 47 with EMA20 capping.
Support: 56.51, 56.379
Resistance: 57.17, 57.25, 57.458
What it said to watch
M15 close above 57.25 would clear the wedge hurdle and reopen the spike high at 57.458
Loss of 56.51 session low confirms a lower-low and exposes 56.379
S&P Global PMIs (Fri) are the near-term catalyst for the broader read
Consolidation below session high after sharp rally.
Silver rallied off Friday's YTD low toward 57.46 then rejected, now chopping around 56.80 as USD stays firm on Gulf risk premium. Price is pinned below the 57.25 wedge hurdle with RSI(14) neutral near 48; recent lows at 56.38 and 56.50 have held.
Support: 56.50, 56.38
Resistance: 57.25, 57.46
What it said to watch
M15 close above 57.25 opens the path to the 57.46 session high
Failure to hold 56.38 resumes the prior downside toward 55.00
S&P Global PMIs Fri could materially shift this read
Late NY, silver's corrective bounce off the $54.77 YTD low ran into a rejection at 57.458 before settling into a 56.38–57.17 range on short-covering. RSI(14) neutral near 49, price hugging EMA20 with no directional edge in the last few hours.
Support: 56.379
Resistance: 57.17, 57.458
What it said to watch
M15 close above 57.25 wedge hurdle would extend toward the 57.458 session high
Break below 56.379 session low opens the path to the $56.00 floor
S&P Global PMIs Fri 13:45 UTC is the key near-term catalyst
Silver's second-day bounce off the YTD low stalled after a spike to 57.46 was rejected, and price has since settled into a 56.38-57.25 range during NY hours. RSI(14) near 50 with price hugging EMA20 — corrective chop, no directional push.
Support: 56.38
Resistance: 57.25, 57.46
What it said to watch
M15 close above 57.25 wedge hurdle opens 57.46 session high
Failure to hold 56.38 session low exposes the 55.00 area
NY afternoon: silver's second up-day off the $54.77 YTD low pushed to 57.46 then got rejected, and price is now consolidating 56.5–57.1 with RSI(14) back at midline. Digest reads the whole leg as a corrective bounce within a broader downtrend, capped below the 57.25 wedge hurdle.
Support: 56.50, 56.38
Resistance: 57.06, 57.25, 57.46
What it said to watch
M15 close above 57.25 wedge hurdle opens 57.46 session high
Failure to hold 56.50 reopens the 56.38 session low
Loss of ascending support confirms the bounce is fading
Consolidating below 57.25 after rally off YTD base.
Silver chopping 56.5–57.2 through the NY session after a short-covering bounce off Friday's YTD low, with a sweep to 57.45 rejected back into range. RSI(14) mid-range near 51, price hugging EMA20 — no clean directional setup in play.
Support: 56.51, 56.38
Resistance: 57.25, 57.45
What it said to watch
M15 close above 57.25 opens the path to the 57.45 session high
Loss of 56.51 exposes the 56.38 swing low
Move looks corrective within a broader downtrend; failure at 57.25 keeps rallies capped
Silver's corrective bounce off the YTD low capped twice near 57.17 during NY hours before a sharp drop to 56.585, then a modest recovery to 56.74. Price sits mid-range between 56.50 and 57.17, still pinned under the 57.25 wedge hurdle noted in the macro read.
Support: 56.585, 56.51
Resistance: 57.17, 57.25
What it said to watch
M15 close above 57.25 wedge hurdle opens the path toward 58.50
Break below 56.50 exposes the 55 floor and Friday's YTD low
S&P Global PMIs Fri could materially shift this read
NY session silver spiked to 57.46 then faded, now chopping 56.5–57.2 with sellers capping under 57.17. Price sits near the 38.2% retrace of the day's rally off 55.51; RSI(14) mid-range, no clear intraday edge.
Support: 56.51, 56.38
Resistance: 57.17, 57.46
What it said to watch
M15 close above 57.17 reopens the 57.46 swing high
Loss of 56.51 session low exposes 56.38 swing low
S&P Global PMIs Fri 13:45 UTC could reset this range
16:32 UTC
Uptrend, momentum slowing · RSI 55 · price 56.90
HH/HL chain into consolidation below session high.
Silver rallied off Monday's 55.52 low toward the 57.45 spike high, part of the corrective bounce from the YTD low, and is now consolidating around 56.90 below the 57.25 wedge hurdle. RSI(14) has cooled to the mid-50s as the drive stalls; price holds above EMA20/50 with the 56.5 swing low intact.
Support: 56.50
Resistance: 57.25, 57.45
What it said to watch
M15 close above 57.25 opens the path toward the 57.45 spike high
Loss of 56.5 breaks the higher-low chain and negates the consolidation read
Silver extended its second-day bounce off the weekend low, tagging 57.46 in the NY session before rejecting and settling into a 56.5–57.25 range around the 57.00 psych level. RSI(14) has cooled to the mid-50s as the up-leg loses pace; the 57.25 falling-wedge hurdle from the digest remains the near-term ceiling.
Support: 56.50, 56.36
Resistance: 57.00, 57.25, 57.46
What it said to watch
M15 close above 57.25 opens the path to the 57.46 session high
Failure to hold 56.50 exposes the 56.36 swing low
S&P Global PMIs later this week are the nearest catalyst that could shift this read
Silver gapped higher into the new week and rallied to a session high of 57.46 before pulling back to 56.38, where buyers stepped in; NY session now grinding back toward the $57.25 falling trend-line hurdle flagged in the corrective bounce. RSI(14) mid-range near 57, ATR ~260 pips keeps intraday swings wide.
Support: 56.38
Resistance: 57.25, 57.46
What it said to watch
M15 close above 57.25 opens the path toward the 57.46 session high
Loss of 56.38 session low reopens the downside back toward $56
16:17 UTC
Uptrend, momentum slowing · RSI 58 · price 56.999
Higher lows, capped below 57.25.
Silver held its second up-day off the $55.51 low and spiked to a 57.46 session high before rejecting, now consolidating around 57.00 in NY hours. The ~57.25 falling-wedge hurdle flagged in the digest is capping, while the 56.51 session low marks the base of the recovery.
Support: 56.51
Resistance: 57.25, 57.46
What it said to watch
A 15m close above 57.25 opens the path toward the 57.46 session high
Loss of 56.51 session low breaks the higher-low sequence
S&P Global PMIs Fri could firm USD and pressure this bounce
Consolidating below session high after spike rejection.
Silver's second up day off the $54.77 YTD low stalled into NY hours, with the spike to 57.46 rejected and price now consolidating roughly 56.50–57.05 below the 57.25 supply wall. RSI(14) sits mid-range near 53, no extreme in play.
Support: 56.50, 56.38
Resistance: 57.25, 57.46
What it said to watch
M15 close above 57.25 opens the path toward 58.50
Loss of 56.38 range low reasserts downside pressure
S&P Global PMIs Fri could shift this read via USD/rate-hike bets
Silver ran to 57.46 on the NY session then faded, now coiling 56.90–57.07 after a second up-day off the 55.51 low. The 57.25 wedge hurdle flagged in the digest capped the push; buyers held 56.51 on the pullback.
Support: 56.51
Resistance: 57.17, 57.25, 57.46
What it said to watch
M15 close above 57.25 opens the path toward 57.46 session high
Loss of 56.51 confirms a lower-low and breaks the higher-low chain
S&P Global PMIs Fri could materially shift this read
15:47 UTC
Corrective bounce, choppy · RSI 53 · price 56.952
Recovery off YTD low, ranging below session high.
XAG extended a second up day off the $54.77 YTD low, spiking to 57.458 in NY hours before rejection dragged it back toward 56.38. Price is now chopping between 56.51 and 57.05, RSI(14) mid-range, with the $57.25 falling-wedge hurdle capping the advance.
Support: 56.51, 56.379
Resistance: 57.25, 57.458
What it said to watch
Sustained M15 close above 57.25 wedge hurdle opens the path to 57.458 session high
Loss of 56.379 swing low breaks the ascending intraday sequence
S&P Global PMIs Fri could re-ignite the USD/hawkish-Fed read against silver
NY afternoon: silver spiked to 57.46 then was rejected, settling into a 56.36–57.17 range as the second-day bounce off the YTD low stalls below the 57.25 wedge hurdle. RSI(14) mid-range near 54, no momentum extreme; buyers stepping in around 56.5 twice.
Support: 56.51, 56.36
Resistance: 57.17, 57.25, 57.46
What it said to watch
M15 close above 57.25 opens the path toward 57.46 then the 58.50 channel top
Loss of 56.36 exposes the 55 floor
S&P Global PMIs Fri could shift this read via USD repricing
NY session pushed silver to a session high of 57.46 before sellers capped the move at the 57.25 wedge hurdle, dragging price back to 57.04. Higher lows off 56.38 keep the intraday recovery from Friday's YTD low intact, but the $57.25/$58.50 supply wall flagged in the macro read is doing its job so far.
Support: 56.38
Resistance: 57.25, 57.46
What it said to watch
M15 close above 57.25 opens the path toward the 58.50 channel top
Failure to hold 56.38 confirms a lower low and exposes 56.00
S&P Global PMIs Fri could re-price the USD and shift this read
Silver clawed back toward $57 through the NY session, a second up-day off the $54.77 low, but stalled at the $57.25 hurdle after spiking to 57.46. Price now chops between 56.51 and 57.17 with RSI(14) neutral near 55 — no clean setup in play.
Support: 56.51, 56.38
Resistance: 57.25, 57.46, 57.17
What it said to watch
M15 close above 57.25 opens the path toward 57.46 then 58.50
Failure to hold 56.51 exposes the 56.38 range floor
S&P Global PMIs Fri could re-ignite the USD and cap this bounce
Consolidating below 57.25 after rejection at 57.45.
Second up day off the YTD low; NY hours spiked to 57.45 then rejected, leaving a false break of the 57.25 hurdle. Price now chops 56.51-57.20 with RSI(14) mid-range and both EMAs beneath — corrective bounce, no fresh momentum.
Support: 56.51, 56.379
Resistance: 57.25
What it said to watch
M15 close above 57.25 opens the path to the 57.45 session high
Silver is chopping between 56.38 and 57.17 through the NY session after a two-day corrective bounce off Friday's 54.77 YTD low. The intraday spike to 57.46 was rejected and price faded back into range, with RSI(14) hovering near mid at 54 — no clean break in play.
Support: 56.51, 56.38
Resistance: 57.17, 57.25, 57.46
What it said to watch
M15 close above 57.25 opens the falling-wedge hurdle noted in context
Failure to hold 56.38 confirms a lower-low and reopens 56.51 downside
S&P Global PMIs Fri could reprice the whole read
15:03 UTC
Range after bounce, momentum flat · RSI 49 · price 56.735
Consolidating below spike high.
NY session ranging 56.50–57.05 after a spike to 57.46 was rejected during London-NY hours, part of a second up-day off Friday's 54.77 YTD low. RSI(14) neutral near 49; the $57.25 wedge hurdle from the macro read still caps the bounce.
Support: 56.51, 56.38
Resistance: 57.05, 57.25
What it said to watch
M15 close above 57.25 opens the path toward 57.46 and the descending-channel top
Loss of 56.38 swing low reasserts the broader bearish structure
Silver ran up toward $57 for a second day off the $54.77 YTD low, spiking to 57.46 in the NY session before being rejected back under 57.0. Price now oscillates around 56.7 with RSI neutral; the 56.4-57.0 range is intact.
Support: 56.38, 55.52
Resistance: 57.00, 57.25, 57.46
What it said to watch
M15 close above 57.25 wedge hurdle opens the path toward 57.46 and higher
Failure to hold 56.38 session low exposes 55.52 range low
S&P Global PMIs Fri could shift this read via the USD/rate-hike channel
14:47 UTC
Uptrend stalling into resistance · RSI 54 · price 56.896
Consolidation below 57.25 wedge hurdle.
Silver's two-day relief bounce peaked at the 57.46 session high before rejection, and price is now chopping between 56.38 and the 57.25 wedge hurdle flagged in the macro read. RSI(14) mid-range around 53 with no momentum extreme; the range floor near 56.38 has held on the latest dips.
Support: 56.38, 55.52
Resistance: 57.25, 57.46
What it said to watch
M15 close above 57.25 opens the path toward 57.46 and a wedge breakout
Failure to hold 56.38 reopens downside toward 55.52 session low
S&P Global PMIs Fri 13:45 UTC are the next USD catalyst that could shift this read
Silver spiked to 57.46 into the NY session, was rejected at the 57.25 falling-wedge hurdle, then unwound to 56.38 before recovering to 56.90. Price is chopping in a 56.38–57.25 range with RSI mid-range and no clean directional break.
Support: 56.379
Resistance: 57.25, 57.458
What it said to watch
M15 close above 57.25 would clear the wedge hurdle and open the path to the 57.46 session high
Failure to hold 56.38 confirms a lower-low and re-opens the 56.00 area
S&P Global PMIs Fri 13:45 UTC could materially shift this read
Silver's two-day relief bounce spiked to 57.46 into NY hours then got rejected at the 57.25 wedge hurdle, fading back into a 56.38–57.05 range. Buyers stepped in at the 56.38 session low and price is back at 56.83, RSI(14) neutral near 49 with no momentum extreme.
Support: 56.379, 55.51
Resistance: 57.05, 57.25, 57.46
What it said to watch
M15 close above 57.25 wedge hurdle opens the path toward 57.46 spike high
Failure to hold 56.38 session low re-exposes the 55.51 range low
S&P Global PMIs Fri 13:45 UTC is the week's key catalyst
14:32 UTC
Recovery within intraday range · RSI 52 · price 56.831
Choppy range under 57.25 hurdle.
NY session pushed silver to 57.458 then sold sharply to 56.379 before buyers stepped back in, price now recovering to 56.83. Two-way chop between the 57.25 wedge hurdle and the 56.38 session low, no clean structure in play.
Support: 56.379
Resistance: 57.25, 57.458
What it said to watch
M15 close above 57.25 opens the path to 57.45 session high
Failure to hold 56.379 confirms a lower-low toward 55.80
NY session spiked to 57.458 and was rejected at the $57.25 wedge hurdle, RSI(14) cooling from the highs into the low-40s. Price has since retraced almost the entire London-NY leg back toward 56.50 support; silver's 2-day relief bounce is stalling below $57.25.
Support: 56.50, 56.36, 55.79
Resistance: 57.25, 57.46
What it said to watch
M15 close below 56.36 confirms a lower-low and reopens the 55.79 area
Reclaim of 57.25 needed to revive the bounce toward the 57.46 spike high
S&P Global PMIs Fri could materially shift this read
14:17 UTC
Pullback within intraday uptrend · RSI 46 · price 56.543
Lower highs off 57.45, holding 56.50.
Silver spiked to 57.45 in the NY session then got rejected below the 57.25 wedge hurdle, fading back to 56.50. Lower highs since, RSI(14) cooled to the mid-40s as price sits under EMA20/EMA50; still holding the 56.50 session low so far.
Support: 56.50, 56.36
Resistance: 57.25, 57.45
What it said to watch
M15 close below 56.36 confirms a lower-low and opens the wider 55 zone
Reclaim of 57.25 re-tests the 57.45 session high
S&P Global PMIs Fri could shift the read but sit outside this window
NY session pushed silver to a 57.46 spike before it was rejected, price now back at 56.68 and drifting below EMA20. The two-day corrective rebound off the YTD low stays capped near the 57.25 wedge hurdle flagged as the key resistance, RSI(14) cooling to mid-40s.
Support: 56.63, 56.36
Resistance: 57.25, 57.46
What it said to watch
M15 close above 57.25 wedge hurdle opens the path to 57.46/58.50
Failure to hold 56.63 swing low exposes a retest toward 56.36
S&P Global PMIs Fri could reprice Fed hike bets and shift this read
Pullback after rejection near 57.46, consolidating.
NY session spiked to 57.458 then got rejected, with a matching high near 57.35 leaving a double-top look under the 57.25 wedge hurdle flagged in the broader read. Price has since faded to 56.679, roughly a 40% retrace of the 55.51-57.46 rally, RSI(14) cooling back to mid-range as the move consolidates.
Support: 56.63, 56.36, 55.51
Resistance: 57.25, 57.46
What it said to watch
M15 close above 57.25 reopens the path to the 57.46 session high
Loss of 56.36 swing low confirms a lower low and stalls the rebound
Hold of 56.63 keeps price inside the current consolidation
Silver extended its two-day rebound toward $57 into the NY session before a spike to 57.46 was rejected, and price is now consolidating around 56.9. The 57.25 wedge hurdle flagged in the macro read is capping, while dips have held above 56.63.
Support: 56.63, 56.40
Resistance: 57.25, 57.46
What it said to watch
M15 close above 57.25 opens the path to 57.46 and 58.50
Failure to hold 56.40 exposes a retest of session lows
S&P Global PMIs Fri could shift the corrective read
NY session: silver's corrective rebound off the YTD low stalled at a 57.46 spike that was quickly rejected, pulling back into a 56.63–57.21 range. Price now hovers at 56.91, mid-range, with RSI(14) neutral — no directional edge into the wedge hurdle around 57.25.
Support: 56.628, 56.361
Resistance: 57.21, 57.25, 57.458
What it said to watch
M15 close above 57.25 wedge hurdle would extend the rebound toward 57.46
Failure to hold 56.63 opens a retest of the 56.36 swing low
US-Iran/oil headlines remain the key inflation-hike transmission channel
13:32 UTC
Uptrend, momentum stalling · RSI 49 · price 56.66
Corrective rebound pulling back from session high.
Silver's two-day corrective rebound spiked to 57.46 in the NY session before being rejected, price now back below 57 and drifting toward 56.66. RSI(14) has cooled to the high-40s as the pullback unfolds; the 57.25 wedge hurdle flagged in the macro read continues to cap.
Support: 56.50
Resistance: 57.25, 57.46
What it said to watch
Close below 56.5 confirms a lower low and breaks the intraday higher-low chain
Reclaim above 57.25 wedge hurdle would reopen the session high at 57.46
NY session spiked to 57.46 then failed at the 57.25 wedge hurdle, snapping back to 56.66 with RSI cooling toward neutral. The move remains a corrective rebound off Friday's YTD low; supply capped the rally into the falling-wedge resistance and price now sits below EMA20/50.
Support: 56.60, 56.36
Resistance: 57.25, 57.46
What it said to watch
M15 close above 57.25 reopens the 57.46 session high
Failure to hold 56.60 exposes the 56.36 session low
S&P Global PMIs Fri could reprice Fed-hike odds and shift this read
13:17 UTC
Uptrend, momentum slowing · RSI 54 · price 56.801
Corrective rally stalling below session high.
NY session pushed to a fresh session high at 57.458 then rejected sharply back to 56.68, part of the broader corrective bounce off Friday's YTD base. Price now consolidating around 56.80 just below EMA20, RSI(14) cooled to the mid-50s with the 57.25 wedge hurdle still capping.
Support: 56.676, 56.407
Resistance: 57.212, 57.458, 57.25
What it said to watch
M15 close above 57.25 wedge hurdle opens 57.46 session high retest
Loss of 56.676 session low signals rally exhaustion toward 56.40
Move remains capped near the falling-wedge hurdle flagged in the macro read
Silver spiked to 57.46 during NY hours then was rejected back under 57.00, part of the two-day corrective rebound off the YTD low. Price is now ranging 56.60–57.00 with RSI(14) neutral near 52; the 57.25 wedge hurdle flagged in the macro read caps the upside.
Support: 56.62, 56.40
Resistance: 57.00, 57.46, 57.25
What it said to watch
M15 close above 57.25 opens the path toward the 57.46 session high
Failure to hold 56.62 exposes the 56.40 pullback low
Oil / US-Iran headlines remain the key driver capping rallies
13:04 UTC
Bounce off lows, momentum fading near highs · RSI 49 · price 56.734
Higher lows since 55.51, capped below 57.25.
Silver extended its bounce off Friday's YTD low through the NY session, spiking to 57.46 before sellers rejected it back under 57.00. Price now consolidates near 56.73 below EMA20, with the 57.25 trendline pivot capping and 56.68 the near-term swing floor.
Support: 56.68, 56.46
Resistance: 57.00, 57.25, 57.46
What it said to watch
M15 close above 57.25 trendline opens 57.46 session high and 58.50
Loss of 56.68 swing low exposes 56.46 range low
S&P Global PMIs Fri could shift the USD/silver read
Silver rallied off Friday's YTD low toward 57.46 during NY hours before rejecting at the $57.25 trendline hurdle and fading to 56.68. Price is now consolidating 56.68–57.05, RSI(14) back to neutral around 49 after the pullback; the session high remains the pivot.
Support: 56.676, 56.463, 56.361
Resistance: 57.25, 57.458
What it said to watch
M15 close above 57.46 clears the trendline and opens the path to $58.50
Failure to hold 56.68 exposes 56.46 / 56.36
S&P Global PMIs Fri 13:45 UTC is the week's key catalyst
Silver rode a steady Monday climb off the 55.52 session low to spike 57.46 during NY hours, then got rejected at the 57.25 trendline hurdle flagged in the digest and pulled back to 56.79. RSI(14) has cooled to mid-range as price consolidates above the 56.68 swing low; the move is a corrective drift after the run higher.
Support: 56.68, 56.46, 55.52
Resistance: 57.25, 57.46
What it said to watch
M15 close above 57.25 clears the trendline hurdle and opens 57.46 then the 58.50 zone
Failure to hold 56.68 exposes 56.46 range low and reopens the 55.52 session low
Silver ran from 55.5 into a 57.458 session high before rejecting the 57.25 trendline hurdle flagged in the broader bearish read, now easing back to 56.79 with RSI(14) cooling to mid-range. Higher lows from 56.46 still intact, but price has slipped below the EMA20 as the bounce loses steam.
Support: 56.62, 56.46
Resistance: 57.25, 57.458
What it said to watch
M15 close above 57.25 trendline opens the path to 57.458 session high
Loss of 56.62 swing low breaks the higher-low chain and exposes 56.46
S&P Global PMIs Fri could reinforce the hawkish-USD cap on this bounce
NY session pushed the bounce off Friday's YTD low into the $57.25 trendline, where the spike to 57.458 was rejected and price snapped back to 56.68. Recovery to 56.91 sits right at the 50% retrace of the up-leg; range holding 56.60–57.25 with RSI neutral.
Support: 56.63, 56.46, 56.36
Resistance: 57.25, 57.46
What it said to watch
M15 close above 57.25 opens 57.46 then 58.50
Failure to hold 56.60 exposes 56.46 and 56.36 range low
S&P Global PMIs Thu could shift the USD read and cap this bounce
Silver climbed off the 55.52 session low to spike 57.458 before being rejected, unwinding to a 56.68 swing low and bouncing to 56.91. Price sits just under the 57.25 trendline pivot flagged as the key hurdle, RSI(14) cooled to neutral after the rejection.
Support: 56.68, 56.40, 55.52
Resistance: 57.25
What it said to watch
M15 close above 57.25 trendline opens the path toward 58.50
Failure to hold 56.68 swing low exposes 56.40, then 55.52
S&P Global PMIs later this week are the next macro catalyst for this read
XAG ran a corrective bounce off the $54.77 YTD low, climbing from 55.52 through London toward a 57.46 session high before a false break above 57.3 was rejected and price slid to 56.65. RSI cooled back to the mid-40s as the last hour handed back most of the spike; rising support off the session low sits near 56.36.
Support: 56.36, 55.52
Resistance: 57.00, 57.46
What it said to watch
Close below 56.36 breaks rising tl and confirms a lower low
Reclaim of 57.00 round reopens the 57.46 session high
S&P Global PMIs later this week are the key catalyst
Sharp rejection off session high, pulling back into range.
NY session spiked to the session high 57.46 then rejected hard back to 56.65, unwinding most of the leg as RSI(14) cooled from overbought. Price now sits below EMA20 after failing at $57, part of the wider corrective bounce off the $54.77 YTD low.
Support: 56.50, 56.36
Resistance: 57.10, 57.46
What it said to watch
Loss of 56.50 swing low confirms the rejection and opens 56.36
Reclaim of 57.10 puts the session high 57.46 back in play
Oil / US-Iran headlines remain the primary intraday driver
12:03 UTC
Uptrend, momentum cooling · RSI 56 · price 56.928
Higher highs into 57.46, now pulling back.
Corrective bounce off the YTD low extended toward $57 through the London-NY window, spiking to 57.46 before sellers rejected it back under $57. Price is now sitting on the 50% retrace of the 56.36-57.46 leg near 56.91; RSI(14) cooling from the highs but holding above midline.
Support: 56.91, 56.62, 56.36
Resistance: 57.46, 57.21
What it said to watch
Loss of 56.62 swing low opens the 56.36 session low
M15 close back above 57.21 reasserts the upleg toward 57.46
Oil / US-Iran headlines remain the primary ad-hoc driver
NY session pushed to a fresh session high at 57.458 before a sharp rejection dragged price back to 56.93, RSI(14) cooling from the spike. The corrective bounce off the $54.77 YTD low remains intact but the last leg stalled and gave back most of the impulse spike.
Support: 56.361
Resistance: 57.458, 57.356
What it said to watch
M15 close above 57.458 reopens the path toward the $58.50 zone
Failure to hold the 56.361 swing low confirms a lower-low and stalls the bounce
Oil / US-Iran headlines remain the primary ad-hoc driver
Silver's corrective bounce off the $54.77 YTD low extended through NY hours, with the last bar spiking to a session high of 57.458 before closing back at 57.182. RSI(14) near 70 is hot but not extreme; buyers stepped in repeatedly on dips into 56.36 to build the higher-low chain.
Support: 56.361
Resistance: 57.458, 57.333
What it said to watch
M15 close above 57.458 extends the breakout toward the 57.33/58.50 zone
Failure to hold 56.36 confirms a lower-low and stalls the bounce
Oil / US-Iran headlines remain the primary ad-hoc driver for silver
11:47 UTC
Uptrend, momentum firm · RSI 64 · price 57.182
Higher highs, higher lows intraday.
Silver extended its corrective bounce toward $57.50 through the London session, the last bar spiking to a session high 57.46 before closing back at 57.18 on oil-driven inflation flows. Sequence of higher lows off 56.36 intact, RSI(14) firm near 64 but not stretched.
Support: 56.88, 56.36
Resistance: 57.46
What it said to watch
M15 close above 57.46 opens the path toward the $58 area
Failure to hold 56.88 threatens the higher-low sequence, exposing 56.36
Oil / US-Iran headlines remain the primary ad-hoc driver for this bounce
11:32 UTC
Uptrend, pressing session high · RSI 66 · price 57.204
Higher lows into prior high retest.
NY session extended the corrective bounce off the 56.36 base, price now retesting the 57.35 session high after the earlier rejection there. RSI(14) around 66, hot but not extreme; the metal is grinding higher on a chain of higher lows in line with the bounce off the YTD low.
Support: 56.36
Resistance: 57.35
What it said to watch
M15 close above 57.35 opens continuation higher
Failure at 57.35 with a lower high sets a double top
Loss of 56.36 breaks the rising sequence of higher lows
Silver extended its corrective bounce off the YTD low through the NY session, pushing back to 57.20 and reclaiming the 57.00 psych level. Session high at 57.36 capped the earlier leg; buyers held the rising sequence of lows near 56.40 and 56.90, RSI(14) mid-range with room before overbought.
Support: 56.90, 56.40, 57.00
Resistance: 57.36, 57.24
What it said to watch
close above 57.36 session high extends the bounce
failure to hold 56.40 breaks the rising-low sequence
oil / US-Iran headlines remain the primary ad-hoc driver
11:17 UTC
Uptrend, momentum slowing · RSI 56 · price 56.911
Consolidating below session high after pullback.
Silver rallied from 55.52 to a 57.36 session high through London hours as a corrective bounce off the YTD low extended, then pulled back to 56.46 before recovering to hover near 56.90. RSI(14) has cooled to the mid-50s and price is now consolidating below the recent high, momentum easing.
Support: 56.46, 55.52
Resistance: 57.36
What it said to watch
M15 close above 57.36 reopens the upside path toward the $58 zone
Loss of 56.46 confirms a lower-low and stalls the bounce
Oil / US-Iran headlines remain the primary ad-hoc driver for this move
Silver rallied off the 55.52 session low to tag 57.356 in a corrective bounce, driven by the wider rebound from the YTD low, then pulled back and is now consolidating between 56.40 and 57.08. RSI(14) has cooled to mid-range as momentum flattens under the 57.36 session high.
Support: 56.407, 55.52
Resistance: 57.081, 57.356, 57.00
What it said to watch
Close above 57.356 reopens the path toward 57.00-plus and extends the recovery
Failure to hold 56.407 confirms a lower-low and breaks the rising support
S&P Global PMIs later this week are the key catalyst for the next leg
XAG extended its corrective bounce off the $54.77 YTD low, tagging a session high at 57.35 during early NY hours before easing back to 56.87. Price is now consolidating between 56.60 and 57.08 with RSI(14) mid-range around 54; the rally's momentum has flattened but the 56.60 swing low is holding.
Support: 56.60, 56.36
Resistance: 57.08, 57.35
What it said to watch
Loss of 56.60 swing low opens 56.36 session low
M15 close above 57.08 prior high re-exposes 57.35 session high
Oil / Middle East headlines remain the primary ad-hoc driver
Silver rallied from 55.52 to a 57.35 session high during the London-NY push, part of the corrective bounce off the YTD low as the hawkish-Fed/oil narrative gets faded. Price is now consolidating around 56.87 under a series of lower highs (57.35 > 57.17 > 57.08), RSI(14) back near neutral after the run.
Support: 56.40, 55.52
Resistance: 57.08, 57.35
What it said to watch
M15 close above 57.08 reopens the 57.35 session high
Failure to hold 56.40 session low confirms a lower-low and breaks the consolidation
Oil / Middle East headlines remain the primary ad-hoc driver
Silver ran a corrective bounce off the $54.77 YTD low to a session high of 57.35 during the London-NY window, then rejected twice near 57.19–57.35, printing a soft double top. Price is now consolidating around 56.90 with RSI(14) neutral near 51; buyers held the 56.46 swing low on the pullback.
Support: 56.46
Resistance: 57.19, 57.35
What it said to watch
M15 close above 57.35 invalidates the double-top read and reopens $58
Loss of 56.46 swing low confirms a lower-low and stalls the bounce
Oil / Middle East headlines remain the primary intraday driver
10:47 UTC
Uptrend, momentum slowing · RSI 53 · price 56.896
Consolidating below intraday highs after two-leg advance.
Silver's corrective bounce off the YTD low pushed to 57.36, then a second leg stalled at 57.19; price is now consolidating around 56.90, back above EMA20/50. RSI(14) neutral near 53 after cooling from the highs, with supply capping at $57.
Support: 56.69, 56.36
Resistance: 57.19, 57.36
What it said to watch
M15 close above 57.19 reopens the path to 57.36 and $58
Loss of 56.69 exposes the 56.36 swing low
Oil / Middle East headlines remain the primary ad-hoc driver
Silver rallied off the weekend gap lows through Asian hours and peaked at 57.35, then got rejected and slid back to 56.36. Price is now consolidating around 56.90 under a lower high at 57.19, RSI(14) neutral near 53. The bounce remains corrective within the broader bearish read flagged in the digest.
Support: 56.36
Resistance: 57.19, 57.35
What it said to watch
M15 close above 57.19 negates the lower-high sequence and reopens 57.35
Loss of 56.36 pullback low confirms the corrective bounce is stalling
S&P Global PMIs later this week are the next macro catalyst for silver
Higher highs into 57.35, mid-range pullback holding.
XAG extended its corrective bounce off the $54.77 YTD low, tagging a session high of 57.356 during NY hours before pulling back to 56.40 and recovering to 56.90. RSI(14) has cooled off the highs toward mid-range as the leg loses steam; price still holds above EMA20/50.
Support: 56.407
Resistance: 57.081, 57.356
What it said to watch
Loss of 56.407 swing low would confirm a lower low and break the rising structure
Close above 57.081 reopens the 57.356 session high
Oil / Strait of Hormuz headlines remain the primary ad-hoc driver
10:17 UTC
Uptrend, momentum cooling · RSI 55 · price 56.858
Rally off gap low, consolidating below session high.
Silver ran from the post-gap low near 55.51 to a session high of 57.356 before easing back — a corrective bounce off the YTD low with a hawkish-Fed backdrop capping extension. Price now consolidates around 56.85 between the 56.36 swing low and the 57.19–57.36 supply band, RSI(14) cooling to the mid-50s.
Support: 56.686, 56.361, 55.511
Resistance: 57.187, 57.356
What it said to watch
M15 close above 57.356 reopens the upside toward the $58 zone
Loss of 56.361 swing low confirms a lower-low and unwinds the bounce
Failure to hold 56.686 puts the ascending intraday support in play
Second-day corrective bounce off the YTD low ran to 57.356 during the London push before rejecting and easing back under the 57.00 psych, now at 56.858. Buyers held a higher low at 56.361; price is consolidating between there and the 57.00 handle with RSI cooling to mid-range.
Support: 56.361
Resistance: 57.00, 57.356
What it said to watch
Reclaim above 57.00 opens a retest of the 57.356 session high
M15 close below 56.361 confirms a lower low and negates the bounce
S&P Global PMIs Fri 13:45 UTC could reshape this read
Higher highs off weekend low, pullback from 57.35 peak.
NY session pushed silver to a session high of 57.35 before a rejection dragged it back to the 56.41 swing low, part of the corrective bounce off the YTD low. Price is now grinding back toward the 57.00 psych level, RSI mid-range, momentum flatter than the initial leg.
Support: 56.407
Resistance: 57.00, 57.356
What it said to watch
Close above 57.36 resumes the intraday uptrend toward the $58 zone
Loss of 56.41 breaks the rising support off the session low
S&P Global PMIs Fri could reset this read
10:03 UTC
Uptrend, pulling back into bounce · RSI 58 · price 56.951
Higher lows, double bottom off 56.40.
Silver ran to a session high of 57.35 then pulled back, twice defending the 56.40 area to form a double bottom before recovering to the 57.00 psych level in a corrective bounce off the YTD low. RSI(14) mid-range near 58, leaving room either way as price presses the 57.00 handle.
Resistance: 57.00, 57.35
What it said to watch
M15 close above 57.00 psych opens a retest of the 57.35 session high
Loss of the 56.40 swing low negates the double bottom
S&P Global PMIs Fri could materially shift this read
09:47 UTC
Uptrend, momentum cooling · RSI 55 · price 56.884
Corrective bounce, ranging under session high.
London session extended the corrective bounce off the YTD low to a session high 57.36 before rejecting, RSI cooling from the highs. The subsequent pullback held the 56.40 swing low and price is now ranging 56.40–57.36 around EMA20, oil/Iran headlines the primary driver behind the rebound.
Support: 56.40
Resistance: 57.36
What it said to watch
M15 close above 57.36 session high reopens the upside toward the $58 zone
Loss of 56.40 swing low confirms a lower low and stalls the bounce
Oil / Strait of Hormuz headlines remain the top ad-hoc driver
Silver's corrective bounce off the $54.77 YTD low stalled at the 57.35 session high before pulling back, with buyers stepping in twice near 56.36 to hold a higher low. Price has since recovered to 56.88 on oil-driven inflation flows, RSI mid-range and cooling from the London-morning rejection.
Support: 56.36
Resistance: 57.02
What it said to watch
M15 close above 57.02 reopens the 57.35 session high
Failure to hold 56.36 swing low confirms a lower low
Oil / Strait of Hormuz headlines remain the primary driver and could shift this read quickly
Silver rallied off 55.51 into a 57.33 session high before rolling over; two lower highs (57.33, then 57.17) mark a stalling advance, with price now back to 56.70 on the pullback. The move fits this week's short-covering bounce after a heavy multi-week decline; RSI has cooled toward the mid-40s as intraday momentum fades.
Support: 56.36, 55.51
Resistance: 57.17
What it said to watch
M15 close below 56.36 confirms a lower-low toward 55.51
Reclaim of 57.17 needed to resume the intraday advance
Silver squeezed from 55.51 to a session high of 57.36 on short-covering after the week's cooler CPI, then rejected there twice and rolled over below EMA20 to 56.70. Pullback is holding near the 38.2% retrace of the intraday leg with RSI cooling to the mid-40s.
Support: 56.36
Resistance: 57.19, 57.36
What it said to watch
Close below 56.36 breaks the intraday higher-low structure
Reclaim of 57.19 reopens the 57.36 session high
S&P PMIs Fri 13:45 UTC are the next high-impact catalyst
09:17 UTC
Uptrend, momentum slowing · RSI 52 · price 56.821
Pullback after HH, lower high forming.
London session drove silver up to a session high of 57.356 before rejecting; price now consolidates near 56.82 after a lower high at 57.187. RSI(14) has cooled back to neutral as the up-move stalls, part of Friday's short-covering bounce off the YTD low.
Support: 56.407
Resistance: 57.187, 57.356
What it said to watch
M15 close above 57.187 reopens the 57.356 session high
Loss of 56.407 swing low confirms a lower low and stalls the bounce
Iran/oil headlines remain the dominant driver for XAG intraday
09:17 UTC
Uptrend, momentum cooling · RSI 51 · price 56.821
Pullback within intraday uptrend.
Silver rallied off the weekend gap low near 55.5 to a session high of 57.356 during London, then rejected and settled into a 56.46–57.19 range; the Friday bounce fits the digest's short-covering read after cooler US CPI. Price sits mid-range at 56.82, RSI near 50, holding above EMA20/50.
Support: 56.463, 56.361
Resistance: 57.041, 57.356
What it said to watch
M15 close above 57.041 reopens the path to the 57.356 session high
Loss of 56.463 range low confirms a deeper pullback toward 56.361
S&P Global PMIs later this week are the next high-impact catalyst
Weekend gap opened lower at 55.66, then Monday's Asian-London sessions rallied hard to a session high of 57.356 on the Friday short-covering bounce. Pullback found demand at the 56.42 50% fib, but the second push stalled at 57.08 — a lower high — leaving price ranging 56.4-57.1 with RSI cooled to mid-range.
Support: 56.42, 55.66
Resistance: 57.08, 57.356
What it said to watch
Close above 57.356 resumes the intraday rally toward the next round figure
Loss of 56.42 opens the gap-fill path back to 55.66
S&P Global PMIs Fri are the week's key catalyst and could reset this read
Silver ran from the 55.51 session low to a 57.36 session high during the London push, part of Friday's modest bounce off the YTD low. Two failed pokes at 57.2-57.36 leave a double top; price now consolidating near 56.82 with RSI cooled back to neutral.
Support: 56.40, 56.00, 55.51
Resistance: 57.19, 57.36
What it said to watch
M15 close above 57.36 negates the double top and reopens the highs
Loss of 56.40 swing low confirms a lower-low and pressures 56.00
08:47 UTC
Uptrend, momentum cooling · RSI 57 · price 56.939
Higher highs into a lower-high pullback.
London-session rally lifted silver to a 57.356 session high before rejection cooled RSI(14) off the highs. Price pulled back to 56.463, put in a 57.187 lower high, and now trades at 56.939 — still above EMA20/50 but momentum is fading.
Support: 56.463
Resistance: 57.187, 57.356
What it said to watch
Close above 57.356 resumes the uptrend and clears the lower high
Loss of 56.463 confirms a lower low and breaks the rising-low sequence
08:47 UTC
Uptrend, momentum cooling · RSI 57 · price 56.939
Higher highs into pullback below session high.
Silver ran a sharp Monday recovery off the weekend gap, squeezing from 55.50 up to the 57.356 session high before easing back to 56.94. RSI(14) cooling from the low-70s as price holds above EMA20/50; the 57.19–57.36 band is capping for now while buyers defended the 56.40 pullback low.
Support: 56.407
Resistance: 57.187, 57.356
What it said to watch
M15 close above 57.356 extends the recovery leg
Failure to hold 56.40 swing low sets a lower low and stalls the bounce
Broader context stays bearish below the $54.39 YTD-low pivot
Silver clawed back from the session low near 55.52 in a short-covering bounce, tagging 57.356 before easing to 57.00 with RSI(14) cooling. Buyers stepped in twice around 56.4 during the pullback; the session high remains the near-term cap.
Support: 56.46, 56.00, 55.52
Resistance: 57.356
What it said to watch
M15 close above 57.356 opens continuation toward the prior YTD supply
Failure to hold 56.46 breaks the higher-low chain and re-exposes 56.00
S&P Global PMIs (Fri) are the next high-impact catalyst for this move
08:32 UTC
Uptrend, momentum cooling · RSI 57 · price 57.001
Higher highs, higher lows since Monday open.
Monday London session extended the recovery off the weekend gap, tagging a session high of 57.333 before easing back to 57.00 as RSI cooled from overbought. Higher-low chain intact — buyers stepped in near 56.41 on the last pullback.
Support: 56.407
Resistance: 57.333
What it said to watch
M15 close above 57.333 extends the intraday uptrend
Loss of 56.407 breaks the higher-low chain
Mid-East / oil headlines remain the dominant intraday driver for silver
Silver rallied off the 55.52 session low through the NY session, tagging 57.356 before pulling back to 56.36. Price has recovered back above the 57.00 round number and now presses the 57.19 swing high; RSI(14) near 60 leaves room before extremes.
Support: 57.00, 56.361, 55.52
Resistance: 57.19, 57.356
What it said to watch
Loss of 57.00 psych level reopens the 56.36 swing low
Close above 57.356 session high extends the intraday uptrend
Broader structure stays bearish; $54.39 YTD-low remains the multi-week pivot
08:17 UTC
Uptrend, momentum firm · RSI 62 · price 57.078
Higher highs, higher lows since week open.
XAGUSD ran from the week-open 55.51 to a session high of 57.356 before pulling back to 56.40, where buyers stepped in and drove price back to 57.17. Silver is rebounding off its fresh YTD low despite the broader bearish backdrop; RSI(14) mid-60s, structure intact.
Support: 56.407, 55.511
Resistance: 57.356
What it said to watch
M15 close above 57.356 opens continuation higher
Failure to hold 56.407 breaks the higher-low chain
S&P Global PMIs Fri could shift risk appetite for high-beta silver
Higher highs into session high, shallow pullback held.
NY session extended silver's recovery off YTD lows, tagging a session high at 57.356 before a pullback to the 56.36 swing low; buyers stepped back in to reclaim the 57.00 round number. RSI mid-60s, room before overbought despite the sharp run. Note the weekend gap early in the window — this leg is a bounce within a broader bearish structure.
Support: 57.00, 56.36
Resistance: 57.356
What it said to watch
M15 close above 57.356 opens continuation higher
Failure to hold 56.36 confirms a lower high
S&P Global PMIs Fri could materially shift this read
08:03 UTC
Uptrend, near session high · RSI 63 · price 57.097
Higher highs and higher lows off intraday low.
Silver rebounded sharply through the NY session, running from 55.52 to a session high of 57.356 before a pullback to the 56.40 swing low. Buyers stepped back in and price is now retesting the highs at 57.10 with RSI(14) around 63 — elevated but not extreme.
Support: 57.00, 56.407
Resistance: 57.356
What it said to watch
M15 close above 57.356 extends the rebound past the session high
Failure to hold 56.407 breaks the higher-low chain and negates the rebound
Reclaim of the 57.00 psych level keeps the recovery intact
Higher highs into London open, pullback held above 56.36.
Silver rallied through the London open to a session high of 57.36, then rejected and pulled back to 56.36 where buyers stepped in. Price is now recovering toward the 57.00 psych level, RSI easing back to the low 60s after the earlier push.
Support: 56.361, 56.00
Resistance: 57.00, 57.356
What it said to watch
Reclaim of 57.36 session high would extend the intraday uptrend
Loss of the 56.36 swing low negates the recovery and reopens 56.00
Silver ran from 55.51 to 57.35 across the Asian session, then corrected to 56.36 into the London open before recovering to test the 57.00 psych level. Move counters the broader bearish digest read but is a clean intraday impulse-and-flag; RSI(14) mid-range near 57 leaves room either way.
Support: 56.36, 56.00
Resistance: 57.00, 57.35
What it said to watch
M15 close above 57.35 resumes the impulse toward new session highs
Failure to hold 56.36 puts the 56.00 round level back in play
S&P Global PMIs Fri could reset intraday direction for high-beta silver
Recovery off double bottom near 56.40 after rejection at session high 57.35.
Silver rallied overnight to a session high of 57.35 before rejection dragged it back to 56.40, where buyers stepped in twice to form a double bottom. Price is now recovering into 56.70, RSI(14) neutral near 54; the 56.40 shelf marks the pivot for the intraday structure.
Support: 56.40, 56.10
Resistance: 57.03, 57.35
What it said to watch
M15 close below 56.40 breaks the double bottom and exposes 56.10
Reclaim of 57.03 reopens the session high at 57.35
S&P Global PMIs later this week could materially shift high-beta silver
Silver rallied through the session from 55.51 to a high at 57.36, then pulled back to 56.46 and is now recovering toward 56.70 with RSI(14) cooled to the mid-50s. The intraday leg is up despite the broader bearish YTD backdrop; buyers stepped in around 56.36-56.46 twice on the retracement.
Silver gapped slightly lower into the Monday London session then ripped ~185 pips to a session high of 57.356 before fading roughly 90 pips to 56.4. Price is now consolidating between 56.36 and 56.70 below EMA20, RSI(14) cooling toward 42 after the run-up. Broader tone stays heavy after the fresh YTD low near 54.77 last week.
Support: 56.36, 56.00
Resistance: 56.70, 56.90
What it said to watch
Reclaim of EMA20 near 56.70 and a close above 56.90 revives the rally
Loss of 56.36 swing low opens 56.00 round number
S&P Global PMIs Fri could inject volatility into high-beta silver
Silver ripped from 55.51 to 57.36 through the Asian session, then rolled over into the London open, now retracing to ~56.40 near the 50% fib. RSI(14) has cooled from overbought at the highs to the mid-40s as a chain of lower highs builds; broader YTD structure remains bearish.
Support: 56.40, 56.22, 55.51
Resistance: 56.94, 57.36
What it said to watch
Loss of 56.22 (61.8% fib) opens the path back toward 55.51
Reclaim of 56.94 swing high revives the intraday uptrend
S&P Global PMIs Fri could materially shift this read
07:03 UTC
Intraday uptrend, pulling back · RSI 41 · price 56.398
Retracing after session-high rejection.
Silver ran from 55.51 to a session high of 57.356 during the London session before rolling over, now unwinding to the 50% fib at 56.43 with RSI(14) cooling near 40. Lower highs since the peak; price sits back below EMA20 while holding above EMA50.
Support: 56.40, 55.89, 55.51
Resistance: 57.03, 57.356
What it said to watch
M15 close below 56.40 session low opens the path to 55.89
Reclaim of 57.03 revives the push toward the 57.356 session high
S&P Global PMIs Fri are the week's key growth cue for high-beta silver
Silver ripped ~185 pips off the 55.52 base through the Asia/early-London hours to a session high of 57.36 before rejecting, RSI cooling from overbought back to the mid-40s. Price is now consolidating around 56.50, holding the 56.45 session floor as USD firmness and the broader bearish XAG backdrop cap the bounce.
Support: 56.45, 56.09, 55.52
Resistance: 57.04, 57.36
What it said to watch
M15 close below 56.45 opens 56.09 swing low
Reclaim of 57.04 recent high would reassert the intraday rally
S&P Global PMIs Fri are the week's main high-beta silver cue
06:47 UTC
Intraday up-leg fading, pullback in play · RSI 46 · price 56.508
Retracing the 55.51-57.36 rally, consolidating near 56.50.
Silver rallied from 55.51 to a session high of 57.356 during NY hours before sellers rejected the level, dragging price back to ~56.50 — roughly a 50% retrace of the up-leg. RSI(14) has cooled to the mid-40s and price sits below EMA20 as the move consolidates; broader tone stays heavy after the fresh YTD low earlier in the week.
Support: 56.46, 55.51
Resistance: 57.03, 57.36
What it said to watch
Close below 56.46 session low opens a path back toward 55.51
Reclaim of 57.03 prior high puts the 57.36 session high back in play
S&P Global PMIs Fri are the week's main high-beta catalyst
Asian-into-London session drove a sharp rally off 55.51 to a session high of 57.35, then rejected there with RSI(14) cooling back to the low-50s. Price is now pulling back into the 56.50 area, mid-move after the run.
Support: 56.50, 56.09
Resistance: 57.35
What it said to watch
Failure to hold 56.50 opens the path back toward the 56.09 prior swing
A close above 57.35 session high resumes the uptrend
S&P Global PMIs Fri could reset the broader read
06:32 UTC
Uptrend, retracing after peak · RSI 46 · price 56.612
Overnight rally, now pulling back into London.
Silver ripped from 55.51 to a session high of 57.36 through the Asia session before rejection capped the move, now retracing to 56.61 with RSI(14) cooling from overbought toward 46. Pullback has held above the 56.46 recent low so far, price back below EMA20 but holding above EMA50.
Support: 56.46, 56.30, 55.51
Resistance: 57.00, 57.36
What it said to watch
Loss of 56.46 recent low would confirm a deeper pullback toward 56.30
Reclaim of 57.00 round number puts the 57.36 swing high back in play
Middle East / oil headlines the dominant unscheduled risk for silver
06:17 UTC
Uptrend, momentum cooling · RSI 49 · price 56.536
London rally stalling, pulling back off session high.
London session drove a sharp rally from 55.51 to a 57.36 session high, then rejected there with RSI(14) cooling back to neutral. Price is now pulling back to 56.5, sitting below EMA20 but holding above the rally origin.
Reclaim of 57.00 round level reopens the 57.36 session high
Oil / US-Iran headlines remain the dominant unscheduled driver for silver
06:03 UTC
Uptrend, pulling back · RSI 33 · price 56.587
Rally rejected at session high, retracing.
London session ripped silver from 55.5 to a high of 57.36 before rejection there flipped the tape into a sharp pullback, now at 56.59 with RSI(14) cooling to the low-30s. The broader bearish weekly context (fresh YTD low near 54.77) frames this as a squeeze into resistance that has since faded back toward the mid-56s.
Support: 56.46, 56.30
Resistance: 57.03, 57.36
What it said to watch
Loss of 56.46 confirms a lower-low and deepens the pullback toward 56.30
Reclaim of 57.03 puts the 57.36 session high back in play
Fri S&P Global PMIs are the week's key catalyst and could shift this read
06:03 UTC
Uptrend cooling, pulling back · RSI 46 · price 56.587
Impulse leg to 57.36 then retrace.
Monday's early session ran a sharp leg from 55.51 to 57.36, then rejected the session high and retraced to 56.5, back through EMA20. RSI(14) has cooled to the mid-40s as the pullback fills roughly half the impulse move.
Support: 56.463, 55.511
Resistance: 57.356, 56.905
What it said to watch
Loss of 56.463 swing low opens a deeper retrace toward the 55.51 session low
Reclaim of 56.905 minor high would signal the pullback is stalling near 57.36 session high
05:47 UTC
Uptrend, pulling back · RSI 43 · price 56.546
Higher high posted, now correcting off session high.
Silver gapped higher into Monday and ran through the Asian session to a high of 57.356 before fading to 56.55, RSI(14) cooling off overbought as the pullback deepened. Move fits the digest's high-beta squeeze read against a broadly bearish weekly backdrop; price now sits near the 56.30 swing-low support after rejection at the session high.
Support: 56.30, 55.60
Resistance: 57.05, 57.36
What it said to watch
M15 close below 56.30 opens the path back toward the 55.60 pre-rally low
Reclaim of 57.05 needed to retest the 57.36 session high
Oil / US-Iran headlines remain the dominant unscheduled risk into London hours
Post-weekend rally ran to 57.35 before sellers capped it; price has retraced to 56.55, near the 38-50% fib of the up-leg, with RSI cooling off overbought. High-beta silver bouncing off last week's YTD low near $54.77 while sitting below EMA20 after the pullback.
Support: 56.50, 56.09
Resistance: 57.03, 57.35
What it said to watch
Close below 56.50 session low opens 56.09
Reclaim of 57.03 swing high needed to resume the up-leg
S&P Global PMIs Fri 13:45 GMT could reset the read
05:32 UTC
Intraday uptrend, pulling back · RSI 54 · price 56.788
HH/HL chain, pullback from session high.
Silver ran from 55.51 up to a session high at 57.356 before rejecting and fading back to 56.79, RSI(14) cooling off the highs to mid-range. The recent pullback has slipped just under EMA20 while holding above the rally's rising lows near 56.60.
Support: 56.60, 56.09
Resistance: 57.02, 57.356
What it said to watch
M15 close below 56.60 opens the path toward the 56.09 breakout base
Reclaim of 57.02 puts the 57.356 session high back in play
Oil / US-Iran headlines remain the dominant unscheduled swing factor
Silver gapped up on the new week and rallied off 55.51 to a session high 57.356 before rejecting, now retracing to 56.79 with RSI(14) cooled back to neutral. The pullback is holding above the 56.58 recent low; supply capped the advance at the 57.00-57.36 zone.
Support: 56.584, 56.30, 55.511
Resistance: 57.00, 57.356
What it said to watch
Close below 56.584 opens the path to 56.30 then 55.50
Reclaim above 57.00 puts the 57.356 session high back in play
Oil / US-Iran headlines remain the dominant unscheduled driver
05:17 UTC
Uptrend, momentum slowing · RSI 54 · price 56.776
Pullback from session high after impulsive rally.
Silver ran ~1.85 off the 55.51 base to a 57.356 session high through the Asian session, then rejected there with RSI(14) cooling back near 54. Price is pulling back to 56.78, still holding above the 56.70 swing low and the rising sequence of higher lows.
Support: 56.70, 56.36
Resistance: 57.36
What it said to watch
Close below 56.36 negates the higher-low sequence
Reclaim above 57.36 session high resumes the advance
Oil / Middle East headlines remain the dominant unscheduled driver for this move
05:17 UTC
Uptrend, momentum cooling · RSI 55 · price 56.776
HH/HL chain, pulling back from session high.
Silver ran ~1.85 off the 55.51 range low into 57.356 during the Asia-London session, a sharp high-beta bounce off the weekly gap. Price has since rejected 57.356 twice and eased to 56.78; RSI(14) cooling from the high but structure still holds higher lows above 56.60.
Support: 56.699, 56.373, 55.511
Resistance: 57.356
What it said to watch
M15 close back below 56.60 breaks the intraday HL chain and opens 56.37
Reclaim of 57.356 resumes the leg higher toward 57.50
Oil / US-Iran headlines remain the dominant unscheduled driver for this move
05:04 UTC
Uptrend, momentum slowing · RSI 58 · price 56.917
Higher highs and higher lows, pulling back from session high.
Silver gapped down at the weekly reopen near 55.66 then squeezed hard to 57.36 — a high-beta bounce off the recent YTD-low zone — with RSI(14) cooling from overbought. The pullback has held above 56.86; immediate resistance sits at 57.04 then the 57.36 session high.
Support: 56.86, 56.30
Resistance: 57.04, 57.36
What it said to watch
M15 close above 57.36 resumes the up-leg
loss of 56.86 session low opens 56.30 swing low
oil/Middle East headlines remain the dominant unscheduled driver
05:04 UTC
Uptrend, momentum cooling · RSI 61 · price 56.917
Higher highs into pullback off session high.
Silver ran hard through the Asian session into early London, tagging a 57.356 session high before rejecting back to 56.90 as RSI cooled from overbought. The move followed the metal's bounce off the $55 support flagged in the digest; a small weekend gap lower at the open was fully absorbed.
Support: 56.859
Resistance: 57.356
What it said to watch
Loss of 56.859 recent low would end the higher-high chain
Close above 57.356 session high extends the rally
Oil / US-Iran headlines remain the dominant unscheduled driver
04:47 UTC
Uptrend, momentum cooling · RSI 59 · price 56.965
Higher highs, shallow pullback from session high.
Silver ripped ~1.8 off the 55.52 base into the Asia open, tagging 57.35 before cooling to 56.97 — a bounce off the YTD-low region flagged in the macro read. RSI(14) has backed off from overbought while the pullback holds above 56.86, leaving the intraday higher-high chain intact.
Support: 56.86, 55.52
Resistance: 57.35
What it said to watch
M15 close below 56.86 breaks the intraday higher-low chain
reclaim of 57.35 session high reopens the upside leg
US-Iran / oil headlines the dominant unscheduled risk
04:47 UTC
Uptrend, momentum cooling · RSI 61 · price 56.965
Higher highs, pullback from session high.
Silver squeezed off the $55 support zone into a session high at 57.36, RSI cooling from hot as price faded back to 56.90. Buyers stepped in around 56.86; the 57.00 round level is the near-term pivot after the run.
Support: 56.86, 56.46
Resistance: 57.36, 57.00
What it said to watch
M15 close above 57.36 session high resumes the intraday uptrend
Loss of 56.46 swing signals a deeper retrace of the move
US-Iran/oil headlines remain the dominant unscheduled driver
04:32 UTC
Uptrend, momentum cooling · RSI 58 · price 56.91
HH/HL chain, pulling back from session high.
Silver gapped down into the weekend open then ripped through the Asian session from 55.52 to a 57.36 high, extending the YTD-low rebound. RSI(14) cooling from the low-70s as price rejects 57.36 and fades back to 56.90; the rising sequence of higher lows is still intact.
Support: 56.86
Resistance: 57.23, 57.36
What it said to watch
M15 close below 56.86 breaks the intraday higher-low chain
Reclaim of 57.23 reopens the 57.36 session high
Oil / Middle East headlines remain the dominant unscheduled risk for silver
04:32 UTC
Uptrend, momentum cooling · RSI 61 · price 56.91
Impulse leg then shallow pullback below session high.
Silver squeezed roughly two dollars off its YTD-low region, rallying from 55.5 to a session high of 57.356 before rejection there capped the move. Price has since eased to 56.9, RSI(14) cooling from overbought as the pullback holds well above the rising sequence of higher lows.
Support: 56.862
Resistance: 57.356
What it said to watch
Loss of 56.862 swing low would break the higher-low chain
Reclaim of 57.356 session high reopens the upside path
Oil / US-Iran headlines remain the dominant unscheduled driver for silver
Higher highs off session low, pulling back from high.
Sharp intraday rally off the 55.51 session low tagged 57.356 before rejecting back to 56.93; RSI(14) cooling from overbought as the last two bars fade. The weekend gap opened lower but early-week buying reclaimed it in full — a snapback consistent with silver's higher-beta bounce off the YTD-low zone.
Support: 56.60, 55.51
Resistance: 57.356
What it said to watch
M15 close below 56.60 rising support opens a deeper retrace toward the fib 50% near 56.43
Reclaim of 57.356 session high resumes the advance
Oil / Middle East headlines remain the dominant real-time driver for this move
04:17 UTC
Uptrend, momentum cooling · RSI 60 · price 56.927
HH/HL chain, pullback from session high.
Silver gapped up into the Monday Asian session and rallied sharply from 55.51 to a session high of 57.356 before rejection there stalled the move, RSI(14) cooling from hot into the low 60s. Price has since pulled back to 56.90 — the higher-beta metal snapping back off the $55 floor against the bearish multi-week backdrop.
Support: 56.60
Resistance: 57.233, 57.356
What it said to watch
M15 close below 56.60 breaks the higher-low chain
Reclaim of 57.233 reopens the 57.356 session high
S&P Global Flash PMIs (Jul 24) and oil/Hormuz headlines could shift this read
04:03 UTC
Uptrend, momentum cooling · RSI 63 · price 56.988
Higher highs and higher lows off the session low.
Asian session ripped from 55.52 to a 57.356 high, silver snapping back sharply after the recent slide as oil/de-escalation risk two-way swung. RSI(14) cooling from the low-70s as price stalls just under the session high; last bar is thin and mid-range.
Support: 56.60
Resistance: 57.356
What it said to watch
Loss of 56.60 breaks the rising intraday structure
Close above 57.356 opens continuation of the rally
S&P Global Flash PMIs Jul 24 could reshape this read
Chain of higher highs/higher lows off post-gap low.
XAG ripped ~1.85 off the 55.51 post-weekend low, tagging a session high of 57.356 before easing back to 56.99 — a higher-beta snap-back consistent with easing Middle East risk. RSI(14) near 68 is hot but not extreme; the pullback is holding well above the 56.634 swing low.
Support: 56.634, 55.511
Resistance: 57.356
What it said to watch
Close back below 56.634 breaks the intraday higher-low chain
Reclaim of 57.356 resumes the uptrend leg
Oil/Middle East headlines remain the dominant real-time driver
03:47 UTC
Uptrend, strong momentum · RSI 74 · price 57.219
Higher highs, higher lows off session low.
Silver ripped higher through the Asian session, snapping back from the sub-55.5 reopen low to a 57.356 session high — consistent with the de-escalation/oil-rollover bounce flagged in the higher-beta metal. RSI(14) near 74 shows the move is hot but not extreme; price is pressing the session high with buyers still in control.
Support: 57.00, 56.63
Resistance: 57.356
What it said to watch
M15 close back below 57.00 psych would stall the recovery
Break above 57.356 session high extends the run
Failure to hold 56.63 swing low signals momentum fading
Oil/Strait of Hormuz headlines remain the real-time driver
Silver ripped ~3% off the 55.50 Asian low, printing a session high at 57.356 with RSI(14) hot near 74. Steep breakout from the $55 zone runs against the weekly bearish tone; buyers stepped in on each shallow pullback through the London-NY run.
Support: 57.069
Resistance: 57.356, 57.50
What it said to watch
Loss of 57.069 marks the first lower low after the rally
A close above 57.356 extends the impulse toward 57.50
Oil/Strait of Hormuz headlines remain the dominant real-time driver
03:32 UTC
Uptrend, momentum extended · RSI 75 · price 57.16
Impulsive HH/HL chain off session low.
Silver ripped higher through the reopen/Asian session, climbing from 55.51 to 57.16 with RSI(14) near 75 — hot but consistent with the impulsive leg. Fresh session highs printed at 57.36; the higher-low chain off 56.30 remains intact. The move fits the de-escalation snap-back the digest flagged for the higher-beta metal after last week's YTD low.
Support: 56.60, 56.30
Resistance: 57.36
What it said to watch
Loss of 56.60 higher-low breaks the intraday HH/HL chain
Close above 57.36 extends the session high
S&P Global Flash PMIs Jul 24 the week's main catalyst
03:32 UTC
Strong uptrend, momentum hot · RSI 74 · price 57.16
Clean HH/HL chain off session low.
NY session ran a near-2-point rally off the 55.52 session low to a 57.36 high, RSI(14) hot around 73 — the sharp higher-beta snapback flagged in the de-escalation scenario. HH/HL chain intact; buyers stepped in repeatedly through the climb with no meaningful pullback yet.
Support: 56.63, 55.52
Resistance: 57.36
What it said to watch
Loss of 56.63 breaks the intraday higher-low chain
Close above 57.36 extends the session high
S&P Global Flash PMIs (Jul 24) could reshape the read
Silver ripped through the Asian session off the weekend gap, tagging 57.333 with RSI(14) near 78 — short-term hot but consistent with a fresh impulsive leg. Uninterrupted HH/HL structure since 55.52; buyers pressing highs into 57.30 with no rejection yet.
Support: 56.634, 55.52
Resistance: 57.333
What it said to watch
Loss of 56.634 breaks the intraday HL chain
Stall/rejection at 57.333 session high would cap the run
Oil/Middle East headlines remain the real-time driver for this move
Silver gapped lower at the open then ripped ~180 cents higher through the session, printing a fresh session high at 57.333 with price pinned to the top of the range. RSI(14) near 79 flags a hot, extended move; the higher-beta metal is snapping back after the week's slide, but the rally is running well ahead of the EMAs.
Support: 56.77
Resistance: 57.333
What it said to watch
Loss of 56.77 breaks the higher-low chain and cools the momentum read
Hold above 57.333 keeps the intraday breakout intact
Oil / Middle East headlines remain the dominant real-time driver
Monday Asia opened after a small weekend gap and silver ripped ~1.7 from 55.51 to a 57.333 session high, snapping back off last week's YTD-low region. RSI(14) is stretched above 80 and the current bar sits into the highs with buyers defending each pullback at rising swing lows.
Support: 57.00, 56.769, 56.345
Resistance: 57.333
What it said to watch
Loss of 57.00 psych and 56.769 would break the higher-low chain
A close back below 56.345 swing low signals the rally is stalling
Oil/Middle East headlines remain the real-time driver for this move
03:03 UTC
Strong uptrend, extended · RSI 80 · price 57.243
Chain of higher highs / higher lows off session low.
Silver ripped ~1.8 handles off the 55.52 session low into 57.33, an unbroken HH/HL chain with RSI(14) now hot near 80. Move follows the weekly bounce off the 55 floor; price is stretched well above EMA20/50 with no pullback yet.
Support: 56.634, 55.52
Resistance: 57.333
What it said to watch
Loss of 56.634 breaks the higher-low chain and flags a pullback
RSI near 80 leaves the run vulnerable to a stall at 57.33 session high
Oil / Middle East headlines remain the real-time driver for this move
Silver ripped from the 55.52 session low to a fresh 57.03 high in a sharp snap-back rally, RSI(14) running hot near 74. This is the higher-beta metal recovering as the intraday bid overrides the multi-week bearish read; momentum intact but stretched at the highs.
Support: 56.60, 55.52
Resistance: 57.03
What it said to watch
M15 close back below 56.60 breaks the higher-low chain
RSI extended above 70 — rally susceptible to a pause at session high
Oil / Middle East headlines remain the dominant intraday driver
New week opened with a small gap-down to 55.66 then a sharp rally, silver clocking a session high of 57.03 up from the 55.52 low. RSI(14) is hot near 75 and price is stretched above EMA20/50; the higher-beta snap-back OCBC flagged is playing out intraday against a bearish weekly backdrop.
Support: 56.60, 55.52
Resistance: 57.03
What it said to watch
M15 close above 57.03 extends the rally toward the next resistance
Failure to hold 56.60 flags the first lower-low and a pullback
Oil / Strait of Hormuz headlines remain the dominant real-time driver
02:32 UTC
Uptrend, momentum strong · RSI 69 · price 56.706
Higher highs, chain of higher lows.
Monday Asia reopened near 55.60 and rallied cleanly through 56.090, printing a session high at 56.905 as oil-driven bid supports the higher-beta metal. RSI(14) near 69 is hot but not extreme; price cooling to 56.706 after tagging the high, higher-low chain still intact.
Support: 56.345, 56.09
Resistance: 56.905
What it said to watch
Loss of 56.345 breaks the higher-low chain and questions the uptrend
A close above 56.905 extends the session high
Failure to hold 56.090 signals the breakout has faded
Silver ripped ~140 pips off the 55.51 session low into the fresh session high at 56.905, a sharp higher-beta snapback after last week's slide to the $55 floor. Price now cools to 56.706 with RSI(14) near 70; the rally leg holding a clean sequence of higher lows.
Support: 56.30, 55.51
Resistance: 56.905
What it said to watch
M15 close back below 56.30 breaks the higher-low chain
Rejection at the 56.905 session high stalls the leg
Oil / Middle East headlines remain the real-time driver for the metal
02:17 UTC
Uptrend, strong momentum · RSI 72 · price 56.711
Higher highs and higher lows, session breakout.
Monday Asia session opened with a sharp leg higher off 55.51, clearing the 55.89 base and running to a session high of 56.905 before the last bar cooled to 56.711. RSI(14) near 72 is hot but consistent with the trend; buyers stepped in on each shallow dip through the London-NY handover, keeping the higher-low chain intact.
Support: 56.35, 55.89, 55.51
Resistance: 56.905
What it said to watch
M15 close back below 56.35 breaks the intraday higher-low chain
Loss of 55.89 base returns price into the prior session range
Oil / Middle East headlines remain the dominant real-time driver for silver
02:17 UTC
Uptrend, momentum hot · RSI 74 · price 56.711
Higher highs post-gap, clean intraday rally.
Silver ran from 55.51 to a 56.905 session high through the Asia open, snapping back off the $55 floor with RSI(14) hot near 73. Clean chain of higher lows, price holding just under the session high after a minor pullback to 56.70.
Support: 56.37
Resistance: 56.905, 57.00
What it said to watch
Loss of 56.37 recent low breaks the higher-low chain
Close above 56.905 session high opens the path to the 57.00 round number
Geopolitical/oil headlines remain the dominant real-time swing factor
Silver ran hard through the Asian session, climbing from the 55.51 session low to a 56.86 high with RSI(14) near 75 — hot but consistent with the impulse. Price holds above the 56.30 swing low after a shallow pullback, well clear of last week's $55 floor. This intraday strength runs against the broader bearish weekly context, so it reads as a relief bounce rather than a trend shift.
Support: 56.30, 55.51
Resistance: 56.86
What it said to watch
M15 close below 56.30 breaks the rising higher-low chain
RSI ~75 leaves extension risk into 56.86 session high
S&P Global Flash PMIs Jul 24 could reshape this move
02:03 UTC
Uptrend, momentum strong · RSI 71 · price 56.654
Higher highs, higher lows off session low.
Monday Asia open ran silver hard from 55.51 to a 56.86 session high, a snap-back off Friday's YTD-low washout as oil/Mideast headlines drive the higher-beta metal. Price now consolidating near 56.65 with RSI(14) hot around 70; the pullback low at 56.30 held on the last dip.
Support: 56.30, 55.511
Resistance: 56.86
What it said to watch
M15 close back below 56.30 breaks the higher-low chain
Rejection at 56.86 session high — area to watch for stall or break
Oil / Strait of Hormuz headlines remain the dominant real-time driver
01:47 UTC
Uptrend, momentum cooling · RSI 62 · price 56.482
Chain of higher highs off weekly open, shallow pullback.
Silver ripped off the weekly-open low at 55.51 through the early session, tagging a session high at 56.86 before easing back to 56.48. RSI(14) is cooling from overbought as price holds above the 56.09 pullback low; the run runs counter to the broader bearish tone, consistent with a higher-beta snapback.
Support: 56.09, 55.51
Resistance: 56.66, 56.86
What it said to watch
Loss of 56.09 pullback low would break the higher-low chain
Reclaim of 56.66 reopens the session high at 56.86
Thin early-session liquidity can exaggerate moves in both directions
Higher highs off 55.50, pullback from session high.
Silver rallied off the 55.50 session low through 56.10 and tagged a session high of 56.86 before easing to 56.48, RSI(14) cooling from hot after the recovery leg. Move follows the fresh YTD low near $54.77 and stalled DXY, with buyers stepping in on the reopen.
Support: 56.09, 55.50
Resistance: 56.66, 56.86
What it said to watch
Loss of 56.09 breakout base negates the intraday recovery read
Reclaim of 56.66 reopens the path to the 56.86 session high
Oil / Middle East headlines remain the dominant real-time driver
01:32 UTC
Uptrend, strong momentum · RSI 69 · price 56.432
Breakout, higher highs off session low.
Asia session opened firm and rallied off 55.51 to a session high 56.86, silver snapping back after Friday's YTD low near 54.77. RSI(14) elevated near 69 but not extreme; pullback holding above 56.30 keeps the breakout intact.
Support: 56.30, 56.09, 55.72
Resistance: 56.86
What it said to watch
Close above 56.86 extends the session-high breakout
Loss of 56.09 negates the breakout and reopens the 55.72 range
Silver gapped modestly lower at the weekly open then ripped ~130 cents to a session high of 56.86 during Asia hours, a snapback consistent with the higher-beta metal's two-way risk to Middle East/oil headlines. Price now consolidates around 56.43 after rejecting 56.86, RSI(14) easing off overbought. The 56.09 breakout level is first support on any pullback.
Support: 56.09
Resistance: 56.86
What it said to watch
M15 close back below 56.09 negates the intraday breakout
Reclaim of 56.86 session high extends the rally
Oil / Middle East headlines remain the dominant real-time driver
01:17 UTC
Uptrend, momentum hot · RSI 74 · price 56.422
Impulsive rally, higher highs off session low.
Monday Asian open saw silver rip from 55.51 to a session high of 56.86, clearing the prior 56.2 consolidation ceiling — a snap-back consistent with the higher-beta metal reacting to oil/geopolitics. RSI(14) is hot near 74 as price cooled off the high to close 56.422; last pullback low at 56.30 holds the higher-low chain intact.
Support: 56.30, 55.89, 55.51
Resistance: 56.86
What it said to watch
Hold above 56.30 keeps the HH/HL rally structure intact
Loss of 55.89 negates the breakout and reopens the 55.51 session low
Oil / Middle East headlines remain the dominant real-time driver for this move
Fresh session opened with a sharp rally off 55.51, punching through the 56.09 breakout and tagging 56.86, RSI(14) running hot near 70. Price has since eased back to 56.42, still holding above the breakout — consistent with the higher-beta snap-back flagged in the digest.
Support: 56.09, 55.511
Resistance: 56.86
What it said to watch
M15 close back below 56.09 negates the breakout
Loss of 55.51 session low reopens downside toward the $55 floor
Oil / Middle East headlines remain the real-time swing factor
Silver snapped sharply higher through early Asia, breaking the post-gap base at 56.09 and printing a session high of 56.655 — a higher-beta rebound off the $55 floor. RSI(14) near 71 marks short-term heat but stays consistent with the impulsive leg; price holds above both EMAs.
Support: 56.09
Resistance: 56.655, 57.00
What it said to watch
Loss of 56.09 breakout level would signal the impulse is stalling
Close above 56.655 opens the path toward 57.00
Oil / Middle East headlines remain the dominant real-time driver
Silver gapped in near 55.66 after the weekend and rallied hard through $56 into the session high at 56.655, reclaiming the $55 floor that capped the prior week. RSI(14) running hot near 71 as buyers pushed the last three bars vertical; the $56.07 breakout shelf is the first level to hold on any pullback.
Support: 56.07, 55.72
Resistance: 56.655, 57.00
What it said to watch
Loss of 56.07 breakout shelf reopens the 55.72 session low
M15 close above 56.655 extends the run toward 57.00 psych
Oil / Middle East headlines remain the dominant real-time driver
00:47 UTC
Uptrend, strong late push · RSI 73 · price 56.424
Higher highs, breakout from 55.7 base.
Thin early-week trade saw silver rip off the 55.52 session low, breaking the 56.09 shelf and tagging a session high of 56.555 before easing to 56.42. RSI(14) near 72 is hot but consistent with the impulsive move; this is a higher-beta bounce off the multi-day $55 floor flagged in the macro read. Momentum intact while 56.09 holds as breakout support.
Support: 56.09, 55.72, 55.52
Resistance: 56.555
What it said to watch
Loss of 56.09 breakout support opens a retrace toward 55.72
Close above 56.555 session high extends the impulse
Oil / Middle East headlines remain the dominant real-time driver for silver
Silver opened the week with a gap-lower Asia print then ripped from 55.52 to a session high 56.555 on the sharp higher-beta snapback context, RSI(14) running hot near 72. Price now holds 56.42 above the 56.09 breakout, momentum still one-directional.
Support: 56.09, 55.52
Resistance: 56.555
What it said to watch
M15 close back below 56.09 negates the breakout and returns price to the 55.5-55.9 range
Oil / Middle East headlines remain the dominant real-time driver for this leg
00:32 UTC
Intraday uptrend, momentum hot · RSI 71 · price 56.362
Impulsive rally off Monday-open low, HH/HL chain.
Silver gapped down at Monday open near 55.66 then rallied hard through the Asia session, reclaiming the $56 handle and printing a session high at 56.555 with RSI(14) around 71. The last bar stalled at 56.362, still holding well above the 56.07 breakout despite the bearish multi-week backdrop and $55 floor watch.
Support: 56.068
Resistance: 56.555
What it said to watch
M15 close above 56.555 extends the intraday rally
Failure to hold 56.068 breakout signals the push is fading
Oil / Middle East headlines remain the dominant real-time driver for silver
Early Monday Asian open snapped silver off the 55.50 base, clearing 56.00 and the 56.09 breakout on strong momentum to a session high of 56.555 before easing to 56.36. RSI(14) near 71 marks a hot but not extreme reading; the move fits the de-escalation snap-back seen in the higher-beta metal.
Support: 56.09, 55.51
Resistance: 56.555, 56.459
What it said to watch
Loss of 56.09 breakout would negate the intraday range break
Failure to reclaim 56.555 keeps the session high capping
S&P Global Flash PMIs Jul 24 could shift the read
00:17 UTC
Recovering off session low, short-term up · RSI 65 · price 56.125
Higher lows into Friday's supply after weekend gap.
Silver reopened with a small weekend gap down to 55.66, based at 55.51, then ground higher through the Asia session to reclaim 56.125. Price is now testing Friday's 56.15-56.19 supply; the broader read stays anchored to the $55 floor after last week's ~7% slide to the YTD low.
Support: 55.72, 55.51
Resistance: 56.15, 56.19
What it said to watch
M15 close above 56.19 opens continuation toward the prior-day range top
Failure to hold 55.72 consolidation confirms the recovery stalling
Oil / Strait of Hormuz headlines remain the dominant real-time driver
00:17 UTC
Uptrend, session recovery · RSI 66 · price 56.125
Higher highs post-gap open.
Silver opened the week with a small gap-down near 55.66 then ground higher through the early Asia session, reclaiming the 56.00 handle and pressing the 56.15 session high, RSI(14) mid-60s. Move fits the two-way risk read: metal snapping back off YTD-low territory as oil/geopolitical fear ebbs, but 56.15-56.19 remains the immediate cap.
Support: 56.00, 55.52
Resistance: 56.15, 56.189
What it said to watch
M15 close above 56.19 extends the recovery leg
Loss of 56.00 round number puts 55.52 session low back in play
Higher lows since session open, testing session high.
Week opened with a gap lower to 55.52 before buyers recovered price back to the 55.886 session high, RSI(14) mid-range near 54. Silver is grinding out higher lows off the open but still capped just under the session high, holding above the $55 floor flagged as key by the digest.
Support: 55.52, 54.77
Resistance: 55.886, 56.00
What it said to watch
M15 close above 55.886 opens the path to 56.00 psych
Loss of 55.52 session low exposes the $55 psych floor and 54.77 ytd low
S&P Global Flash PMIs Jul 24 could shift the read
00:03 UTC
Consolidation after pullback · RSI 54 · price 55.776
Ranging 55.52–55.89 post-gap.
Silver reopened with a small weekend gap down, then recovered through the Asian session to 55.89 before easing back to 55.78. Price is consolidating 55.52–55.89, holding above the $55.00 YTD floor; buyers stepped in at 55.52 early week.
Support: 55.52, 55.00
Resistance: 55.89, 56.18
What it said to watch
M15 close below 55.52 opens the 55.00 floor
Break above 55.89 exposes prior high 56.18
Oil / Middle East headlines remain the dominant intraday driver