XAG/USD AI Live Scan, 15-minute chart, Tuesday, 20 October 2026
Every read JAFX AI made on the XAG/USD 15-minute chart that day, newest first: trend, structure, the levels it marked and what it said to watch.
23:47 UTC
Sideways after a rejected spike · RSI 50 · price 57.793
57.64–58.06 range below the 58.00 cap since NY afternoon.
Weak US housing data and a softer USD lifted silver from the 56.78 NY low to a 58.59 spike high, which was rejected within the hour. Since then price has ranged between the 57.65 range low (near the 50% fib) and 58.06. The early Asia session poked above 58.00, set a 58.06 session high and faded back to 57.79, just under EMA20, with RSI(14) flat near 50.
Support: 57.65, 57.00
Resistance: 58.06, 58.59
What it said to watch
Close below the 57.65 range low exposes the 61.8% fib near 57.47 and the 57.00 psych level
Sustained trade above the 58.06 session high would put the 58.59 spike high back in view
Repeated failures at 58.00 keep the range read intact
US–Iran headlines, through oil and US yields, are the main intraday catalyst that could break the range
23:32 UTC
Sideways after NY spike, momentum flat · RSI 49 · price 57.776
Post-spike range 57.64–57.94, early-Asia false break above 58.00 reversed.
Soft US housing data drove a NY spike from 56.78 to the 58.59 spike high, which was quickly rejected. Since then price has held a 57.64–57.94 range, with the range floor sitting on the 50% fib of the spike near 57.69. Early Asia poked above the range top and $58 to a 58.06 Asia high, then slipped back to 57.78; RSI(14) is neutral near 49.
Support: 57.70, 57.643
Resistance: 57.936, 58.059, 58.592
What it said to watch
M15 close below the 57.64 ny swing low breaks the range and exposes the 61.8% fib near 57.47
Acceptance above the 58.06 asia high reopens the path to the 58.59 spike high; another failure at $58 keeps the range read intact
No US data until Thursday's jobless claims, so oil and US–Iran headlines are the main swing factor this session
Range 57.68–58.06 below the NY spike high, holding above the fib 50%.
Silver spiked to the 58.59 spike high in the NY session as weak US housing data pulled yields and the USD lower, then retraced to hold the 57.68 range floor, just above the fib 50%. Early Asia session drifted back from a 58.06 session high just above the 58.00 psych cap, and price is now mid-range with RSI(14) flat near 51.
Support: 57.68, 57.47
Resistance: 58.06, 58.59
What it said to watch
M15 close below the 57.68 range floor opens the fib 61.8 at 57.47
Close above the 58.06 session high reopens the 58.59 spike high
No US data in the next 8h; Thu jobless claims and Fri PMIs are the next scheduled risk, with oil/US-Iran headlines the near-term swing factor
Post-spike consolidation 57.68–58.06, rejection at 58.00 handle.
Weak US housing data during NY hours drove a spike from 56.78 to the 58.59 NY high, and price has since based in a 57.68–57.98 band, holding above the old london high at 57.61. Early Asia probed the 58.00 handle to a 58.06 asia high and was rejected; price now sits on the 38.2% fib near 57.90 with RSI(14) neutral at 57.
Support: 57.901, 57.684, 57.611
Resistance: 58.059, 58.592
What it said to watch
M15 close above the 58.06 asia high reopens the 58.59 ny high
Failure to hold the 57.68 range floor exposes the 57.61 london high and the 61.8% fib at 57.47
Thin Asia session; oil and US–Iran headlines remain the driver until Thursday's jobless claims
22:47 UTC
Sideways after NY spike, momentum neutral · RSI 52 · price 57.898
Tight range 57.64–58.06 beneath rejected NY spike high.
The NY spike after the soft US housing misses ran from 56.78 to 58.59. It was rejected quickly, and price has since compressed in a 57.64–58.06 range. The range low sits near the 50% retracement of that NY rally, with price now at the 38.2% level. The early Asia session open pushed to a 58.06 session high but faded back to 57.90, and RSI(14) is neutral near 52.
Support: 57.64, 57.00
Resistance: 58.06, 58.59
What it said to watch
M15 close above the 58.06 session high breaks the range top and reopens the 58.59 NY high
Failure to hold the 57.64 range low, near the 50% of the NY rally fib, exposes the 57.00 London low
No scheduled US data until Thu jobless claims; oil and US–Iran headlines plus 10y yields near 5.12% are the intraday drivers
57.65–57.94 range after NY spike, early Asia pressing above the top.
Weak US housing data (starts 1.221M, pending sales -7.3%) drove a NY-session spike from 56.78 to the 58.59 spike high. The pullback held the 50% retracement near the 57.65 range low, and price then held a 57.65–57.94 range into the close. Early Asia is pushing through 58.00 toward the 58.06 session high, with RSI(14) near 59 and not stretched.
Support: 57.92, 57.65
Resistance: 58.06, 58.59
What it said to watch
M15 close above the 58.06 session high extends the range break and opens the 58.59 spike high
Slip back below the 57.92 reopen low returns price to the range and marks the 58.00 move as a false break
Loss of the 57.65 range low breaks below the 50% NY spike fib and undermines the post-spike structure
No US data in the next 8h; US–Iran and oil headlines remain the main swing factor during Asia hours
22:17 UTC
Post-spike consolidation, pressing range top · RSI 57 · price 57.974
NY spike to 58.592 faded to 50% retrace; 57.64–57.94 range, early Asia probing above.
Weak US housing data marked the 56.78 low at 12:30 GMT. NY then spiked silver to the 58.592 spike high as the USD and yields eased, and the move was rejected back to the 50% retrace by the 57.643 range low, with price holding 57.64–57.94 since. Early Asia is probing the 58.044 session high around the $58 cap, with RSI(14) neutral near 57.
Support: 57.90, 57.643
Resistance: 58.044, 58.592
What it said to watch
M15 close above the 58.044 session high opens a retest of the 58.592 spike high
Slip back below the 57.90 fib 38.2 returns focus to the 57.643 range low
Break of the 57.643 range low negates the post-spike consolidation read
Oil and US–Iran headlines remain the near-term swing factor via yields and USD
22:03 UTC
Post-spike consolidation, pressing range top · RSI 57 · price 57.977
57.64–57.94 range after NY spike rejection.
The NY-session spike after the weak US housing data hit a session high at 58.592, was rejected, and found demand at the 50% retracement near the 57.643 range low. Silver has since compressed between 57.64 and 57.94. The final late-NY bar closed at 57.977, right under the 58.00 psych cap, with RSI(14) around 57 and no extreme in play.
Support: 57.643, 57.00
Resistance: 58.00, 58.592
What it said to watch
M15 close above the 58.00 psych cap breaks the range and reopens the 58.592 session high
Rejection again at 58.00 keeps the consolidation intact
Failure to hold the 57.643 range low and the spike fib 50% exposes the 57.00 round number
US 10y near 5.12% and Iran/oil headlines are the live drivers into Thursday jobless claims
US housing misses in the 12:30 and 14:00 GMT slots drove a spike from 56.78 to the 58.59 spike high. Price has since held a 57.64–57.94 range, with the range low sitting near the 50% fib. The last bar of the NY session is pressing the range top into the $58 psych level, with RSI(14) near 59 and not stretched.
Support: 57.936, 57.684, 57.611
Resistance: 58.00, 58.592
What it said to watch
An M15 close above 58.00 psych clears the post-spike range and opens a retest of the 58.59 spike high.
A drop back below the 57.94 range top keeps the range read intact.
A break of the 57.68 range low and 50% fib exposes the 57.61 asian high.
Thin liquidity after the NY close into Asia; Thursday's US jobless claims are the next scheduled risk.
21:32 UTC
Post-spike consolidation, pressing range top · RSI 59 · price 57.977
57.64–57.94 range after NY spike, testing upper edge.
Weak US housing data and softer yields drove a spike from 56.78 to the 58.59 session high early in NY. The pullback held near the 50% fib at the 57.64 range low. Late NY, the last bar closed at 57.98, just above the 57.94 range top and under the 58.00 psych cap, with RSI(14) near 59.
Support: 57.936, 57.643
Resistance: 58.00, 58.592
What it said to watch
A close above the 58.00 psych reopens the 58.59 session high
A drop back below the 57.94 range top returns price to the range; losing the 57.64 range low exposes the 61.8% fib near 57.47
Thin liquidity around the daily rollover can distort the break; next scheduled US risk is Thu jobless claims
21:17 UTC
Post-spike consolidation, pressing range top · RSI 59 · price 57.977
57.64–58.00 range since 15:00 UTC; higher lows from 57.684 in late NY.
NY session cleared the Asian high and spiked to a 58.592 session high on the weak housing data and a softer USD. Price then retraced to the 50% level of the NY rally fib near 57.69 and has held a 57.68 range low to 58.00 range top since. The late-NY bar is pressing the range top on a short chain of rising lows, with RSI(14) near 59.
Support: 57.775, 57.684, 57.611
Resistance: 58.00, 58.152, 58.592
What it said to watch
M15 close above 58.00 range top opens the 58.152 spike shelf, then the 58.592 session high
Loss of the 57.775 higher low and the rising-lows trendline puts the 57.684 range low back in play
Break below the range low exposes the 57.611 Asian high and the 61.8% level of the NY rally fib near 57.47
US–Iran and oil headlines are the main swing factor in thin post-NY trade; next scheduled US data is Thursday's jobless claims
21:06 UTC
Post-spike consolidation, edging higher late NY · RSI 59 · price 57.977
57.64–57.94 range after NY spike rejection, testing range top.
The weak US housing data and a softer USD drove an NY spike from the 56.78 London low to a 58.59 session high, which was rejected and faded to the fib 50% near 57.68. Silver has since held a 57.64–57.94 consolidation and late NY is pressing the range top into the 58.00 round number, with RSI(14) near 59 and not stretched.
Support: 57.94, 57.68
Resistance: 58.00, 58.592
What it said to watch
M15 close above the 58.00 round number opens the 58.45–58.59 session high zone
Slip back below the 57.94 range top keeps the consolidation read intact
Break of the fib 50% at 57.68 and the 57.64 range low exposes the 57.47 61.8% retracement
US–Iran or oil headlines can move yields and the USD sharply in thin late-NY trade
NY cleared the Asian high at 57.61 after the weak US housing data, spiking to a 58.59 session high before a sharp rejection back under the 58.00 round number. Late NY has compressed into a 57.64–57.94 range, with the range low near the 50% and the range top near the 38.2% of the NY rally fib. RSI(14) is neutral near 57.
Support: 57.643, 57.611, 57.00
Resistance: 57.936, 58.00, 58.592
What it said to watch
M15 close above the 57.94 range top and 58.00 round number reopens the 58.59 session high
Failure below the 57.64 range low and the 57.61 Asian high puts price back inside the Asian range, toward 57.00 psych
Thin liquidity through the daily rollover and Asia session; US–Iran headlines and the 5.12% 10y yield are the main swing factors
20:32 UTC
Post-spike consolidation after NY rally · RSI 51 · price 57.81
Tight range 57.64–57.94 below spike high, holding above 50% fib.
Silver spiked from the 56.78 NY low to a 58.59 spike high after the pending home sales miss, then met rejection and faded. It has spent the last 5h boxed between the 57.64 range low and 57.94 range high, holding above the 50% fib of the NY move. Below that sit the 57.35 spike base and the 57.00 London low. RSI(14) is flat near 51 into late NY, with ATR(14) contracting.
Support: 57.64, 57.35, 57.00
Resistance: 57.94, 58.00, 58.59
What it said to watch
M15 close above the 57.94 range high puts the 58.00 psych cap and the 58.59 spike high back in play
Failure to hold the 57.64 range low (50% fib) exposes the 57.35 spike base, then the 57.00 London low
Thin liquidity around the daily rollover and the Asia session open may distort range edges
Oil / US–Iran deal headlines and the US 10y near 5.12% remain the swing drivers overnight
Weak US housing data and a softer USD drove a NY spike from 56.783 to a 58.592 session high, which was rejected straight away. Since then the 50% level of the NY spike fib has held around the 57.64 range low, just above the Asian high. Late in the NY session price is ranging 57.64–57.94, back above ema20 with RSI(14) neutral near 56.
Support: 57.643, 57.611, 57.00
Resistance: 57.936, 58.00, 58.592
What it said to watch
M15 close above the 57.936 range top and the 58.00 round number reopens the 58.592 session high
Failure to hold the 57.643 range low and the 57.611 Asian high exposes the 61.8% NY spike fib near 57.47, then the 57.00 round number
US-Iran and oil headlines can move yields and silver before Thursday's jobless claims and Friday's PMIs
Tight range 57.64–57.94 below rejected 58.59 session high.
Soft USD and lower yields after the US housing misses lifted silver from the 56.78 NY low to a 58.592 session high, but the move above the 58.00 psych level was rejected within two bars. Since then price has held a 57.64 range low to 57.94 range high band around the 38.2–50% fib of that leg, with RSI(14) near 44 and price just under EMA20 late in the NY session.
Support: 57.643, 57.474, 57.00
Resistance: 57.936, 58.00, 58.592
What it said to watch
M15 close above the 57.94 range high and 58.00 psych reopens the 58.592 session high
Break of the 57.64 range low exposes the 61.8% fib at 57.47, then the 57.00 london low
No US data in the next 8h; US-Iran deal headlines via oil and yields are the main intraday risk
Thu jobless claims and Fri S&P PMIs / UoM inflation expectations could materially shift this read
57.64–57.94 range under the 58.00 psych level after the NY rejection, highs edging lower.
Weak US housing data in the NY session lifted silver out of the 56.37–57.61 Asian range. It ran to a 58.59 session high, then was rejected back below the 58.00 psych level. Since then it has compressed between the 57.64 range low and the 57.94 range top. Highs are fading under a minor trendline, and the base holds near the 50% retracement of the NY rally fib.
Support: 57.643, 57.611, 57.474
Resistance: 57.936, 58.00, 58.592
What it said to watch
A close below the 57.64 range low and the 57.61 Asian high opens the 61.8% fib at 57.47.
A break of the range top at 57.94 and acceptance above the 58.00 psych level reopens the 58.59 session high.
Thin post-NY and Asia session liquidity. US-Iran deal headlines moving oil and yields could break the range before Thursday's jobless claims.
Tight 57.64–57.94 range below rejected 58.59 session high.
Soft US housing data and easing yields drove a NY-session spike from 56.78 to a 58.59 session high. The move was rejected back below the $58 psych level within the hour. Price has since compressed in a 57.64–57.94 range, holding between the 38.2% and 50% of the NY leg fib, with RSI(14) neutral near 45.
Support: 57.64, 57.35
Resistance: 57.94, 58.00, 58.59
What it said to watch
A close below the 57.64 range low exposes the NY leg fib 61.8% near 57.47 and the 57.35 spike base
A close above the 57.94 range high, with acceptance over the 58.00 psych level, reopens the 58.59 session high
Late NY into the Asia session typically thins liquidity; no US data is due until Thu jobless claims at 12:30 UTC
US-Iran or oil headlines moving US yields could break the range without data
Weak US housing data and softer yields drove a NY session spike from 56.78 to the 58.59 spike high, which failed back below the 58.00 psych cap. Silver has compressed in a 57.64–57.94 range for about four hours, holding near the 50% level of the NY rally fib, with price sitting on a flat EMA20 and RSI(14) neutral at 47 late in NY hours.
Support: 57.643, 57.474, 57.00
Resistance: 57.936, 58.00, 58.592
What it said to watch
M15 close below the 57.64 range low opens the 61.8% fib at 57.47, then the london low at 57.00
Acceptance above the 57.94 range high and the 58.00 psych cap puts the 58.59 spike high back in play
US-Iran or oil headlines into the Asia session could break the compression; no US data is scheduled in the next 8h
19:04 UTC
Post-spike consolidation after NY rally · RSI 51 · price 57.863
Tight range 57.64–57.94 with rising lows under a flat top.
Weak US housing data lifted silver off the 56.78 NY low. Price cleared the 57.61 London high and spiked to 58.59 before a rejection above the 58.00 psych. Late NY has compressed into a 57.64–57.94 consolidation between the 38.2% and 50% retracement of the NY rally, with rising lows at 57.73 under a flat range top. RSI(14) is neutral near 51.
Support: 57.732, 57.643, 57.611
Resistance: 57.936, 58.00, 58.592
What it said to watch
A close above the 57.94 range top puts 58.00 psych and the 58.59 spike high back in play
Losing the 57.73 higher low and the 57.64 range low exposes a retest of the 57.61 London high
US-Iran and oil headlines can move yields and silver into the thin Asia session, ahead of Thursday claims and Friday PMIs
Tight 57.64–57.94 range below $58 after NY spike rejection.
NY session dipped through the London low to 56.783, then ran to a spike high at 58.592 on the US housing misses and softer yields, clearing the London high at 57.611 before a sharp rejection above $58. Late NY, after London close, price is compressing between the range low at 57.643 and the range top at 57.936, inside the 38.2–50% band of the NY rally fib, with RSI(14) flat near 54 and price hugging EMA20.
Support: 57.643, 57.611
Resistance: 57.936, 58.00, 58.592
What it said to watch
M15 close below the 57.643 range low exposes the 61.8% NY rally fib near 57.47, with the London high at 57.611 the first test
Close above the 57.936 range top and the 58.00 round number would put the 58.592 spike high back in play
US-Iran deal headlines can move oil, yields and USD between sessions and break the current range
Tight 57.64–57.94 range under NY spike high, above Asian high.
The Pending Home Sales miss at 14:00 UTC drove a breakout through the Asian high at 57.611 to a spike high at 58.592, met by a fast rejection. Late in the NY session price holds a 57.643–57.936 range (range low to range top), with the pullback low sitting between the 50% and 61.8% retracement of the 56.783–58.592 leg.
Support: 57.643, 57.611
Resistance: 57.936, 58.00, 58.592
What it said to watch
M15 close above the 57.936 range top puts the 58.00 round number, the repeated failure area, back in play, with the 58.592 spike high above
Failure to hold the 57.643 range low exposes the asian high at 57.611 and the 61.8% retracement near 57.47
No tier-1 US data until Thursday's jobless claims; US-Iran headlines driving oil and yields are the main overnight risk to this read
18:17 UTC
Post-spike consolidation above Asian range · RSI 53 · price 57.886
NY breakout to 58.59 rejected; 57.64–57.94 range holding near 50% retrace.
Weak US housing data drove a NY rally from 56.78 to a session high at 58.59, clearing the Asian range high near 57.61. The spike was rejected above the 58.00 psych level. The pullback has held the 57.64 swing low, around the 50% retrace of the NY rally, and price is coiling below a 57.94 range top late in the NY session with RSI(14) neutral near 53.
Support: 57.64, 57.00
Resistance: 57.94, 58.00, 58.59
What it said to watch
M15 close above the 57.94 range top and 58.00 psych reopens the session high at 58.59
Failure to hold the 57.64 swing low exposes the london low at 57.00
US-Iran deal headlines moving oil and yields could break the range outside data hours
18:03 UTC
Up from NY low, spike faded into consolidation · RSI 54 · price 57.896
Broke above Asian range high in NY, rejected at 58.59, holding a tight 57.64–57.94 range.
Softer USD and lower yields on US-Iran deal reports and weak housing data drove a NY breakout from the 56.783 NY low through the 57.611 Asian high to a 58.592 spike high, which was rejected immediately. The pullback low at 57.643 held near the 50% fib, and late in the NY session price is coiling just under the 58.00 psych cap at the 38.2% level.
Support: 57.643, 57.611, 56.783
Resistance: 58.00, 58.592
What it said to watch
M15 close above the 58.00 psych cap reopens the 58.592 spike high
Break below the 57.643 pullback low and the 57.611 Asian high exposes the 61.8% fib near 57.47, then the 56.783 NY low
Unconfirmed US-Iran deal headlines can reverse the yield-driven move at any time; no scheduled US data in the next 8h
Tight range 57.64–57.99 after NY spike, above London high.
NY session broke the London high at 57.61 on soft US housing data and lower yields, spiking to the 58.59 spike high before fading to a 57.64 pullback low near the 50% fib. Since London close price has compressed between that low and the 57.99 range top, just under the $58 cap, with RSI(14) neutral around 55.
Support: 57.643, 57.607, 57.00
Resistance: 57.994, 58.592
What it said to watch
Close below the 57.61 london high turns the breakout into a false break and exposes the 57.00 pivot
Acceptance above the 57.99 range top / $58 cap reopens the 58.59 spike high
Loss of the 57.64 pullback low breaks the 50% fib of the NY spike
US-Iran deal headlines can shift yields and USD at any time and materially change this read
Asian range broken higher in NY; tight range under 58.00 after spike-high rejection.
Soft US housing data and a weaker USD drove a NY rally off the 56.78 low. Price cleared the Asian high at 57.61 and spiked to 58.59 before a sharp rejection. Since then, and through the London close, silver has held a 57.64–57.94 range (consol low to consol high) around the 50% retrace of the NY rally. It sits just under the 58.00 round number.
Support: 57.643, 57.611, 57.474
Resistance: 57.936, 58.00, 58.592
What it said to watch
M15 close below the 57.64 consol low exposes the Asian high at 57.61 and the 61.8% fib near 57.47
Acceptance above the 57.94 consol high and the 58.00 round number reopens the 58.59 spike high
No US data in the next 8h; US-Iran headlines via oil and yields are the swing factor for this range
Tight range 57.64–57.94 after rejection from 58.59 session high.
Soft US housing data and a weaker USD drove a NY-session breakout through the 57.61 London high to a 58.59 session high. The spike failed above the 58.00 psych level. Late NY, silver is holding a 57.64–57.94 range between the 38.2% and 50% retracement of the NY rally fib, with RSI(14) near 59.
Support: 57.643, 57.61, 57.00
Resistance: 57.936, 58.00, 58.592
What it said to watch
M15 close below the 57.64 range low opens the 61.8% NY rally fib and a retest of the 57.61 London high
Acceptance above the 57.94 range top and the 58.00 psych level reopens the 58.59 session high
Failure to hold the 57.61 London high puts the 57.00 pivot back in view
No US data until Thu jobless claims; USD, yields and US-Iran headlines could materially shift this read
57.64–57.94 consolidation near 50% retrace of NY spike; lower highs since 58.59.
Soft US housing data and slipping yields drove an NY spike from 56.78 to the 58.59 spike high, clearing the 57.61 london high before a sharp rejection back under the 58 cap. After London close, price is compressing between the 57.64 pullback low and a 57.94 lower high, holding the 50% fib of the move with RSI(14) neutral near 56.
Support: 57.64, 57.61, 57.47
Resistance: 57.94, 58.59
What it said to watch
M15 close below the 57.64 pullback low and the 57.61 london high exposes the 61.8% fib at 57.47
Break of the 57.94 lower high and acceptance above the 58 cap reopens the 58.59 spike high
No US data in the next 8h; DXY/yield drift and US-Iran headlines are the swing factor for this range
16:47 UTC
Intraday uptrend, pausing after NY spike · RSI 58 · price 57.825
Higher low at 57.64 after rejection from 58.59; tight range below $58.
NY broke the 57.61 London high on soft US housing data and lower yields, spiking to 58.59 before rejection pulled price back under the $58 cap. Since London close it has held a 57.64–57.94 range, above the 50% retrace of the 56.78–58.59 leg and the rising support from the 56.78 low. RSI(14) is near 58.
Support: 57.643, 57.611, 57.474
Resistance: 57.936, 58.592
What it said to watch
M15 close above the 57.94 recent high and the 58 cap reopens the 58.59 spike high
Loss of the 57.64 pullback low and the 57.61 London high exposes the 61.8% fib near 57.47 and the rising support
A DXY rebound above 102.00 would undercut the yield-driven bounce
Breakout above Asian high, now inside a 57.64–57.99 range.
Soft US housing data during NY hours drove a dip to 56.78, then a rally through the Asian high (57.61) and a spike high at 58.59 as the USD and yields slipped. The spike faded and price is compressing between the 57.64 pullback low and the 57.99 lower high, around the 50% retracement of the NY rally, with RSI(14) cooled to ~60.
Support: 57.643, 57.61, 57.00
Resistance: 57.994, 58.592
What it said to watch
M15 close above the 57.99 lower high and the $58 cap reopens the 58.59 spike high
Failure to hold the 57.64 pullback low exposes the Asian high at 57.61 and the 61.8% of the NY rally near 57.47
A move back below 57.47 turns the breakout into a false break, with the London low at 57.00 next
US-Iran headlines and DXY vs 102.00 are the swing factors; the next scheduled USD data is Thu jobless claims
Rejection above 58.00, tight consolidation 57.71–57.87 above Asian high.
Soft US pending home sales drove a NY rally from the 56.78 low through the Asian high to a 58.59 spike high, but price was rejected and slipped back below the 58.00 round number. It has since held a 57.71–57.87 consolidation between the 38.2% and 50% fib, still above the Asian high at 57.61, with RSI(14) near 61.
Support: 57.71, 57.61, 57.47
Resistance: 57.90, 58.00, 58.59
What it said to watch
M15 close below the 57.71 pullback low exposes the Asian high at 57.61, then the 61.8% fib at 57.47
Acceptance above the 38.2% fib at 57.90 and the 58.00 round number reopens the 58.59 spike high
No US data in the next 8h; late-NY trade is thinner, with Thu jobless claims the next scheduled risk
16:03 UTC
Impulsive NY rally, faded from highs · RSI 60 · price 57.824
Breakout above Asian high, rejected at 58.00, basing above 57.71.
Soft US housing data pushed silver through the Asian high at 57.61 during NY hours. Price spiked to a 58.59 session high, then a sharp rejection took it back below the 58.00 round number. Price is now basing near 57.82, between the 38.2% and 50% retracement of the 56.78–58.59 leg, with the 57.71 pullback low holding so far.
Support: 57.71, 57.61, 56.783
Resistance: 58.00, 58.592
What it said to watch
M15 close below the 57.71 pullback low and the 57.61 Asian high puts price back inside the Asian range and below the 50% fib
Acceptance back above the 58.00 round number reopens the 58.59 session high
Loss of 57.47 (61.8% fib) leaves the 56.78 NY low as the next swing reference
No scheduled US data in the next 8h. Yield moves and oil/Hormuz headlines are the main swing factors
15:47 UTC
Intraday uptrend, pulling back from spike high · RSI 61 · price 57.841
NY broke Asian range high, rejected above 58.00, holding mid-retrace.
NY broke the Asian high at 57.61 after soft US housing data (Pending Home Sales -7.3%) weighed on USD. Price spiked to a 58.59 session high, then rejection pulled it back below the 58.00 round number. The pullback low at 57.71 sits near the 50% retrace of the NY leg, with RSI(14) near 61 after cooling from overbought.
Support: 57.709, 57.611
Resistance: 58.00, 58.592
What it said to watch
M15 close back above the 58.00 round number reopens the 58.59 session high
Failure to hold the 57.71 pullback low exposes the Asian high at 57.61 and the 61.8% retrace of the NY leg near 57.47
After London close, thinner liquidity can stretch swings; no scheduled US data until Thu jobless claims
15:32 UTC
NY spike fading, pullback from highs · RSI 60 · price 57.74
Failed push above 58.00, retracing into the mid-point of the NY leg.
Soft US housing data and easing yields drove a NY session spike from 56.78 to a 58.59 session high. The break above the 58.00 round number was rejected within two bars, and price is now sitting on the 57.72 swing low, near the 50% fib of the NY leg, with the Asia high at 57.61 just below.
Support: 57.72, 57.61, 57.00
Resistance: 58.00, 58.59
What it said to watch
M15 close below the 57.61 Asia high turns the spike into a false break and exposes the 57.00 London low
Reclaim and hold above the 58.00 round number reopens the 58.59 session high
Holding the 50% fib near 57.69 keeps the NY leg's lower half intact
Oil/Hormuz or US yield headlines could swing price inside the elevated ~280-pip ATR
15:17 UTC
Intraday uptrend, pulling back from session high · RSI 59 · price 57.87
NY breakout above Asian high, spike through 58.00 rejected.
Soft US housing data and easing yields drove a NY session rally from the 56.78 low, clearing the asian high at 57.61 and briefly the 58 cap to a 58.59 session high. A two-bar rejection has pulled price back under 58.00 into the 38.2–50% fib zone of the NY rally, with the 57.74 pullback low holding so far and RSI(14) cooling to ~59.
Support: 57.74, 57.61, 57.00
Resistance: 58.00, 58.59
What it said to watch
M15 close back above the 58 cap at 58.00 reopens the 58.59 session high
Loss of the 57.74 pullback low exposes the asian high at 57.61, then the 61.8% fib near 57.47
Break back below the 57.00 round number would negate the NY breakout
Liquidity thins after London close; no scheduled US data until Thursday's jobless claims
15:03 UTC
Uptrend, spike stalling · RSI 67 · price 58.133
NY range break above 57.61, pulling back from 58.59.
Silver rallied from the 56.78 NY low through the 57.61 prior high and the 58.00 round number as soft US housing data and lower yields weighed on USD, spiking to a 58.59 session high. The next bar printed a lower high at 58.45 and price has slipped back toward the 58.10 pullback low, holding near the 23.6–38.2% fib zone of the NY leg.
Support: 58.10, 58.00, 57.61
Resistance: 58.45, 58.59
What it said to watch
M15 close below the 58.00 round number puts the 38.2% fib at 57.90 and the 57.61 prior high in play
Reclaim of the 58.45 lower high reopens the 58.59 session high
Failure to hold 57.61 prior high would unwind the range break
Yield and DXY moves into the London close; Thu jobless claims are the next scheduled risk
14:47 UTC
Sharp uptrend, first pause after spike · RSI 75 · price 58.33
NY breakout above Asian range and $58, higher lows since 56.78.
NY session broke the asian high at 57.61 and the repeatedly capped $58 psych level after soft US housing data, spiking to a 58.59 session high with RSI(14) near 75. The current bar is easing toward 58.33, with 58.00 and the 38.2% fib (~57.90) of the 56.78–58.59 leg just below.
Support: 58.00, 57.61
Resistance: 58.59, 59.00
What it said to watch
Holding above 58.00 psych keeps the breakout intact; a drop back below the 57.61 asian high would mark a false break
A close above the 58.59 session high opens the 59.00 round number
ATR near 285 pips means wide intraday swings; this read holds until Thursday's jobless claims, with no scheduled US data in the next 8h
Breakout above the day's 56.78–57.61 range, through the 58.00 cap.
NY session rallied from the 56.78 low through the 57.61 prior high (London open) and the $58.00 round number. The move came after the Pending Home Sales miss (-7.3% vs -0.5%) added to soft housing data, and one ~700-pip bar printed the 58.47 session high. RSI(14) sits near 80 and price is stretched well above both EMAs, with the current bar stalling just under the high.
Support: 58.00, 57.61
Resistance: 58.47
What it said to watch
M15 close back below the 58.00 round number would mark the spike as a false break of the well-defended $58 cap
Clearance of the 58.47 session high keeps the breakout leg intact; RSI(14) above 80 flags stretched conditions
A deeper pullback into the 57.61 prior high meets the fib 50% of the 56.78–58.47 leg
Oil/Hormuz headlines and the 10y yield near 5.12% remain the intraday swing factors; Thu claims and Fri PMIs are the next scheduled US risk
14:17 UTC
Intraday uptrend, extended into NY · RSI 72 · price 57.756
NY low at 56.783 held above the Asian low at 56.37, followed by a breakout above the London high.
Around the housing starts miss, NY session dipped below the 57.00 pivot to 56.783, then reversed about 1,000 pips and cleared the London high at 57.611 as yields and DXY eased. RSI(14) is near 72 and the session high at 57.784 sits just under the $58.00 cap that has stalled every recent bounce.
Support: 57.611, 57.00, 56.783
Resistance: 57.784, 58.00
What it said to watch
A close back below the 57.611 London high would turn the breakout into a false break
Rejection at the 58 cap (58.00) versus acceptance above it decides whether the NY rally extends
Return below the 57.00 pivot puts the NY low at 56.783 back in play
Rally fib 38.2% at ~57.40 is the first retracement marker if the session high caps
Oil/Hormuz headlines and yield moves can shift this read intraday
14:04 UTC
Range, NY rebound stalling at the session high · RSI 56 · price 57.407
London's break below the 57.00 pivot failed. Price reversed off the 56.78 data low around the Housing Starts miss as yields eased, and the NY session has rallied into a rejection just under the 57.61 session high. Higher lows from the 56.37 Asian low remain intact, with the 38.2% of the NY bounce fib at 57.29.
Support: 57.00, 56.783, 56.37
Resistance: 57.611, 58.00
What it said to watch
M15 close above the 57.61 session high breaks the range top and opens the 58.00 round number
Failure to hold the 38.2% of the NY bounce fib (57.29) puts the 57.00 pivot back in focus
Loss of the 56.78 data low breaks the higher-lows line, exposing the 56.37 Asian low
Pending Home Sales at 14:00 UTC is minor; a renewed move in the 10y yield around 5.12% could shift this read
13:46 UTC
Intraday range, rebounding from NY low · RSI 63 · price 57.434
56.78–57.61 range with higher lows off the Asian low.
Silver showed a rejection of the 56.78 NY low after the 12:30 UTC Housing Starts miss and easing yields. It has since retraced about 78% of the London-NY drop and is pressing the 57.46 london swing beneath the 57.61 day high. Lows are rising from the 56.37 Asian low, and the 57.00 pivot capped the London lows.
Support: 57.00, 56.783, 56.37
Resistance: 57.464, 57.611, 58.00
What it said to watch
Close above the 57.61 day high breaks the range top and brings the 58.00 round number into view
Failure at the 57.46 london swing keeps price inside the 56.78–57.61 range
Loss of the 57.00 pivot puts the 56.78 ny low and the rising lows line back in play
Pending Home Sales at 14:00 UTC could shift yields and this read
13:32 UTC
Sideways, lower highs since London open · RSI 53 · price 57.178
56.78–57.61 session range with a lower-high chain.
Since the 57.611 session high at London open, highs have stepped down to the 57.464 london high and the 57.334 lower high. The weak Housing Starts print, with yields softer, coincided with a dip below the 57.00 pivot to a 56.783 ny low that was quickly reclaimed. Price sits mid-range near the 50% of the london-ny fib, with RSI(14) neutral around 53.
Support: 57.00, 56.783
Resistance: 57.334, 57.464, 57.611
What it said to watch
Pending Home Sales at 14:00 UTC could break the range in either direction
A close above the 57.334 lower high breaks the lower-high chain and exposes the 57.464 london high
A sustained hold below the 57.00 pivot brings the 56.783 ny low back into play
Acceptance above the 57.611 session high would turn the session range into a breakout
13:16 UTC
Sideways, lower highs since London · RSI 53 · price 57.153
London set a high at 57.611, a marginal poke above the Asian range top, then printed a lower-high chain into 57.25. Early NY broke under the 57.00 round number to a 56.783 NY low, between the 61.8% and 78.6% fib of the Asia-low-to-London-high leg, and recovered after the Housing Starts miss; price now sits just under the lower high at 57.25.
Support: 57.00, 56.783
Resistance: 57.25, 57.464, 57.611
What it said to watch
M15 close above the 57.25 lower high breaks the lower-highs trendline from the London high
Acceptance back below the 57.00 round number re-exposes the 56.783 NY low
Clearing 57.464 swing high reopens the 57.611 London high
Pending Home Sales 14:00 UTC could jolt the NY session range
13:04 UTC
Intraday downtrend from London open, steadying above 57.00 · RSI 45 · price 57.072
Lower highs from 57.611; 57.00 break below reversed.
Silver has made lower highs since the London high at 57.611. The housing-starts miss at 12:30 UTC briefly pushed price below the 57.00 psych to a 56.783 data low, but that move was reversed within the bar. In the London-NY transition, price is holding near the 38.2% retrace of the drop, with RSI(14) near 45 and the 57.257 lower high capping.
Support: 57.00, 56.783
Resistance: 57.257, 57.611
What it said to watch
M15 close above the 57.257 lower high breaks the lower-high chain and opens the 57.611 london high
Failure to hold the 57.00 psych and a break of the 56.783 data low reinstates the downtrend
Pending Home Sales at 14:00 UTC is low impact but can extend the post-data swing
A further slide in the 10Y yield toward 5.12% or below would ease pressure on the bounce
12:46 UTC
Intraday downtrend, lower highs since Asian high · RSI 43 · price 57.063
Lower highs and lower lows through London, NY open spike rejected near 57.00 pivot.
Silver's Asian rally from the 56.37 asian low on a softer USD stalled at the 57.61 asian high. London then printed a falling trendline of lower highs at 57.46 and 57.26. Early in the NY session, the 12:30 UTC housing-data bar spiked to a 56.78 session low and was rejected back above the 57.00 pivot, near the 61.8% retracement of the Asian rally. RSI(14) is neutral at 43, with price below both EMAs.
Support: 57.00, 56.783, 56.37
Resistance: 57.257, 57.464, 57.611
What it said to watch
M15 close below the 57.00 pivot and the 56.78 session low confirms a lower low and exposes the 56.37 asian low
Close above the 57.26 lower high and the falling trendline breaks the London lower-high sequence; the 57.46 london high is next
14:00 UTC Pending Home Sales could extend the NY open volatility around 57.00
12:32 UTC
Intraday downtrend, lower highs since London open · RSI 32 · price 56.879
LH/LL chain; 57.00 floor broken at 12:00 UTC.
Silver has printed a lower-highs sequence from the 57.611 London high through 57.464 and the 57.257 lower high. The 57.00 pivot gave way at 12:00 UTC, with a swing low at 56.816, unwinding much of the Asian-session bounce off the 56.37 Asian low. RSI(14) sits near 32 with price below EMA20/50, as oil-driven inflation worries cap upside despite a softer USD.
Support: 56.816, 56.37
Resistance: 57.00, 57.257, 57.611
What it said to watch
US Building Permits/Housing Starts (12:30 UTC) and Pending Home Sales (14:00 UTC) could shift this read into the NY session
M15 close back above the 57.00 pivot marks the break as a false break
Failure to hold the 56.816 swing low extends the lower-low chain toward the 56.37 Asian low
Close above the 57.257 lower high breaks the lower-highs trendline
12:17 UTC
Intraday downtrend, lower highs through London · RSI 34 · price 56.969
Lower highs and lower lows since the 57.61 Asian high; 57.00 pivot broken.
London faded from the 57.61 Asian high with lower highs at 57.46 and 57.26. The 12:00 UTC bar broke the 57.00 pivot to a 56.82 London low, near the 61.8% of the Asian rally fib, with RSI(14) near 34. Price is now just under 57.00 and below both EMAs in late London.
Support: 56.816, 56.37
Resistance: 57.00, 57.257, 57.611
What it said to watch
A close back above the 57.00 pivot and the lower-high trendline near 57.15 neutralises the break
Failure to hold the 56.82 London low exposes the 56.37 Asian low
A move through the 57.26 lower high, then the 57.61 Asian high, breaks the London sequence
US housing data at 12:30–14:00 UTC (Permits, Starts, Pending Home Sales) could shift this read
12:03 UTC
Intraday pullback, lower highs since London open · RSI 42 · price 57.148
Lower highs (57.61, 57.46, 57.26) compressing into a flat 57.00 base.
The Asian session swept down to the 56.37 Asian low, then reversed to a 57.61 session high at London open. London has since printed a lower high at 57.46 (swing high) and another at 57.26, while demand keeps stepping in at the 57.00 London low, which is also the 50% retrace of the Asian rally. The 56.82 Asia shelf, where price based before that rally, sits below that. Price is parked near the 38.2% level ahead of NY open. Softer yields and a weaker DXY have not been enough to lift silver through the descending trendline.
Support: 57.00, 56.82, 56.37
Resistance: 57.257, 57.464, 57.611
What it said to watch
M15 close below 57.00 London low breaks the base and exposes the 56.82 Asia shelf, then the 56.37 Asian low
M15 close above 57.26 lower high breaks the descending trendline and reopens 57.46 swing high / 57.61 session high
US ADP (12:15 UTC) and housing starts/permits (12:30 UTC) at NY open could break the compression either way
10-year yield back above ~5.14% would add pressure on the 57.00 base
11:47 UTC
Intraday pullback, lower highs since London open · RSI 41 · price 57.136
Lower highs from 57.611 into a flat 57.00 floor, still inside the Asian range.
Late London: silver has faded the Asian leg from 56.37 to the 57.611 session high, printing lower highs while the 57.00 pivot (near the 50% fib) held four tests. Price sits on the 38.2% fib below both EMAs with RSI(14) near 41; softer yields and a weaker USD lifted the Asian rally, but sellers have capped each bounce, the latest at the 57.257 lower high.
Support: 57.00, 56.844
Resistance: 57.257, 57.611
What it said to watch
An M15 close below the 57.00 pivot breaks the floor and exposes the 61.8% fib at 56.844.
A close above the 57.257 lower high breaks the lower-highs trendline and puts the 57.611 session high back in view.
US ADP (12:15 UTC), housing starts and permits (12:30 UTC) and pending home sales (14:00 UTC) land around the NY open and could shift this read through yields and the USD.
11:32 UTC
Intraday range, lower highs since London open · RSI 48 · price 57.23
Lower highs from 57.61 against a flat base at the 57.00 pivot.
Asia session flushed to the 56.37 asian low before a V-shaped recovery into a 57.61 session high at London open, as softer yields lifted silver. That high was rejected, and London has since printed lower highs at 57.46 and 57.26 along a descending trendline. Price is coiling at 57.23 on flat EMA20/50 with RSI(14) at 48, while the 57.00 pivot, the 50% fib of the Asia rally, has held twice.
Support: 57.00, 56.37
Resistance: 57.26, 57.46, 57.61
What it said to watch
M15 close above the 57.26 lower high breaks the descending trendline and reopens the 57.46 swing high
Reclaim of the 57.61 session high would end the London lower-high sequence
Failure to hold the 57.00 pivot (50% fib) exposes the 56.37 asian low
US ADP 4-week avg (12:15 UTC) and Housing Starts/Permits (12:30 UTC) ahead of NY open could shift yields and this read
11:17 UTC
Intraday range, lower highs since London open · RSI 51 · price 57.229
Lower highs compressing onto a flat 57.00 floor.
Asia rallied from the 56.37 asian low to 57.56 on softer yields. London rejected a marginal session high at 57.61, then printed lower highs at 57.46 and 57.26 while holding the 57.00 pivot, which sits at the 50% retracement of the Asia leg. Mid-London, price is pressing the descending lower-highs trendline, sitting on both EMAs with RSI(14) neutral near 51.
Support: 57.00, 56.844, 56.37
Resistance: 57.464, 57.611
What it said to watch
M15 close above the lower-highs trendline and the 57.46 lower high breaks the London compression
Failure to hold the 57.00 pivot (50% fib) exposes the fib 61.8% at 56.84, then the asian low at 56.37
Session high at 57.61 caps the London range; a break reopens the prior-day 57.75 area
ADP 4-week avg (12:15 UTC) and housing starts/permits (12:30 UTC) around NY open could shift this read
11:04 UTC
Intraday pullback, lower highs since London open · RSI 41 · price 57.083
Descending highs pressing a flat 57.00 swing low inside the 56.37–57.61 day range.
London open briefly broke the Asian high at 57.56 and printed a 57.61 london high, then rejected. Since then a lower high at 57.46 and a minor high at 57.19 have pushed price back onto the 57.00 swing low, which sits at the 50% retracement of the Asia rally from 56.37. Price is below both EMAs with RSI(14) near 41, while the digest flags softer yields and USD as the support behind the two-day bounce.
Support: 57.00, 56.844, 56.37
Resistance: 57.19, 57.464, 57.611
What it said to watch
M15 close below the 57.00 swing low breaks the flat base and exposes the fib 61.8 at 56.84
A move back above the 57.19 minor high and the descending trendline at the 57.46 lower high would negate the lower-high sequence
Asia low at 56.37 is the session floor if 56.84 gives way
Reclaiming the 57.61 london high would turn the early-London false break into a range break
US housing data at 12:30 UTC, around the NY open, could move silver via the 10y yield
10:47 UTC
Intraday pullback, lower highs since London open · RSI 41 · price 57.145
Lower highs pressing into flat 57.000 floor.
London's poke to 57.611 above the Asian high at 57.559 failed. Since then, lower highs at 57.464 and the 57.341 lower high have pressed into the 57.000 London low, which also marks the 50% retrace of the 56.37–57.61 rally. Price sits below EMA20/50 with RSI(14) near 41, as softer yields have not extended the bounce in late London.
Support: 57.00, 56.844
Resistance: 57.341, 57.611, 57.755
What it said to watch
M15 close below the 57.000 London low breaks the floor and exposes the 56.844 61.8% fib
Close above the lower-high trendline and 57.341 lower high negates the London sequence; 57.611 London high and 57.755 prior high sit above
ADP (12:15 UTC) and housing data (12:30 UTC) into the NY open could shift yields and this range
Lower highs from 57.611 session high pressing the 57.00 floor.
Softer yields and a weaker USD drove the Asia-session rally off the 56.37 asian low, but the London open rejected the 57.611 session high. London has since printed a chain of lower highs (57.464 swing high, then the 57.24 lower high) and is back on the 57.00 round number, which lines up with the 50% retrace of the Asian rally. Price sits below both EMAs with RSI(14) near 38.
Support: 57.00, 56.844, 56.37
Resistance: 57.24, 57.464, 57.611
What it said to watch
M15 close below the 57.00 round number breaks the range floor and opens the 56.844 61.8% fib, then the 56.37 asian low
A reclaim of the 57.24 lower high and the London lower-highs line breaks the sequence; the 57.464 swing high and 57.611 session high sit above
ADP (12:15 UTC) and US housing starts/permits (12:30 UTC) around the NY open can move silver via the 10y yield
10:17 UTC
Intraday pullback, lower highs since London open · RSI 35 · price 57.059
Silver ran from the 56.37 Asia low to a 57.61 session high on softer yields. It was rejected at London open as the dollar firmed on Hormuz-driven oil. London has since printed lower highs at the 57.46 swing high and the 57.34 lower high, and price is now sitting on the 57.00 round number, which lines up with the 50% retracement of the Asian rally.
Support: 57.00, 56.844, 56.37
Resistance: 57.341, 57.464, 57.611
What it said to watch
M15 close below the 57.00 round number exposes the 61.8% fib at 56.84
Loss of 56.84 puts the 56.37 asia low back in play
Recovery above the 57.34 lower high and the descending trendline breaks the London lower-high chain
Clearing the 57.46 swing high reopens the 57.61 session high
ADP (12:15 UTC) and Housing Starts/Permits (12:30 UTC) are second-tier but could jolt yields into the NY open
London lower-high sequence inside the 56.37–57.61 Asian-London range.
London's opening push above the Asian high was rejected at the 57.611 london high. Price has since printed lower highs at the 57.464 swing high and 57.341, and is now back on the 57.00 london low with RSI(14) near 39. Softer yields and USD drove the overnight rally off the 56.37 asian low, and its 50% asia rally fib now coincides with the 57.00 pivot.
Support: 57.00, 56.818, 56.37
Resistance: 57.341, 57.464, 57.611
What it said to watch
M15 close below 57.00 extends the lower-high sequence and opens the 56.818 asia shelf, near the 61.8% asia rally fib
Close back above the 57.341 lower high breaks the London lower-highs trendline and neutralises the read
Loss of the asia shelf exposes the 56.37 asian low
US ADP 4-week average at 12:15 UTC and Housing Starts/Permits at 12:30 UTC could move yields and this read
09:47 UTC
Intraday downtrend, lower highs since London open · RSI 40 · price 57.107
Failed break of Asian high, lower-high sequence pressing London low.
Softer yields carried silver off the 56.37 Asian low, but the London open poke above the Asian high stalled at the 57.611 session high and reversed, a false break. Since then the lower-high sequence (57.611, 57.464) has capped price, which now sits on the 38.2% fib of the Asia-London leg just above the 57.045 London low and the 57.00 round number, RSI(14) near 40.
Support: 57.045, 57.00, 56.87
Resistance: 57.464, 57.611, 57.755
What it said to watch
M15 close below the 57.045 London low and the 57.00 round number confirms a lower-low and exposes the 56.87 asia shelf near the 61.8% fib
Close above the 57.464 lower high breaks the descending trendline; acceptance above the 57.611 session high reopens the 57.755 prior high
US ADP and housing data at 12:15–12:30 GMT could move yields and shift this read
09:32 UTC
Sideways after Asia rebound, compressing · RSI 50 · price 57.219
Lower highs from 57.61 against higher lows above 57.04.
The Asia rally lifted silver from 56.37 to 57.56 as yields eased and DXY slipped. At London open price cleared the Asian high to 57.61, then reversed, a false break followed by a rejection. Since then the lower highs at 57.61, 57.46 and 57.34 have pressed against a 57.04 double low, which sits near the 38.2% of the Asia rally fib, with price at the EMA50 and RSI(14) flat at 50.
Support: 57.12, 57.04
Resistance: 57.34, 57.46, 57.61
What it said to watch
M15 close below the 57.04 double low breaks the higher-low line and the Asia rally fib 38.2%, exposing the $57.00 pivot
Close above the 57.46 swing high breaks the lower-high line; 57.61 london high is the session cap above
Loss of the 57.12 swing low would leave only the double low holding the compression
ADP and US housing data 12:15–14:00 UTC could break the range during NY hours
09:05 UTC
Sideways, compressing after the Asian rebound · RSI 51 · price 57.31
Lower highs vs higher lows inside the 57.04–57.61 range.
London pushed through the Asian high at 57.56 but stalled at 57.61, a false break that sent price back to the 57.04 range low, where demand has stepped in three times. Price is now squeezed between lower highs (57.46) and higher lows (57.20), sitting on EMA20 with RSI(14) near 51. Softer yields kept the Asian rebound from 56.37 intact, but the London high caps it.
Support: 57.20, 57.04, 56.37
Resistance: 57.46, 57.61, 57.755
What it said to watch
M15 close above the 57.46 lower high breaks the compression, with the 57.61 London high and the 57.755 prior high above
Failure to hold the 57.04 range low and the $57.00 pivot exposes 56.50 and the asian low at 56.37
US ADP and housing data from 12:15 UTC, around the NY open, could materially shift this read
08:47 UTC
Rebound off Asia low, now ranging · RSI 56 · price 57.39
57.04–57.61 range after Asia rally; double bottom at range low.
The Asia rally off the 56.37 Asia low, tied to the Hormuz haven bid, stalled at 57.61, and price has ranged 57.04–57.61 since. London's open dipped to 57.045 and held the range low for a second time. Price is back mid-range at 57.39, near a flat EMA20.
Support: 57.04, 56.84, 56.37
Resistance: 57.61, 57.755
What it said to watch
M15 close below the 57.04 range low breaks the double bottom and exposes the fib 61.8 at 56.84, then the 56.37 Asia low
Acceptance above the 57.61 range high opens Monday's 57.755 prior high
US Housing Starts and Building Permits at 12:30 GMT are second-tier but could break the range
08:32 UTC
Neutral after Asia rally, mid-range · RSI 51 · price 57.336
Range 57.04–57.61 below prior high, higher low intact.
Asia rallied from 56.37 to the 57.61 session high on the Hormuz haven bid. London open was rejected there, short of the 57.755 prior high. The pullback held the 57.04–57.05 swing low, above the 38.2% fib, and price is pinned at EMA20 near 57.34 with RSI(14) flat at 51, capped so far by the 57.40 minor high.
Support: 57.045, 57.00
Resistance: 57.401, 57.611, 57.755
What it said to watch
M15 close above the 57.61 session high exposes the 57.755 prior high
Failure at the 57.04 swing low and 57.00 psych pivot opens the 61.8% fib near 56.84
A break of the 57.40 minor high would put the session high back in play
US Housing Starts/Permits at 12:30 UTC are second-tier; Hormuz headlines could shift the read faster
08:17 UTC
Two-way chop after Asia V-rebound · RSI 47 · price 57.297
Range 57.04–57.61; London open false break above Asian high.
Silver rebounded from the 56.37 Asia low to the 57.56 Asia high on haven demand from the Hormuz headlines, then settled into a 57.04–57.61 range. The London open push to a 57.61 London high reversed back to the 57.04 swing low, where supply gave way to buying for a second time. Price sits mid-range near 57.30 with RSI(14) neutral and just below EMA20.
Support: 57.04, 56.37
Resistance: 57.61, 57.56, 57.755
What it said to watch
M15 close below the 57.04 swing low and the 57.00 pivot breaks the range and exposes the 56.99 50% retrace of the Asia low–London high move
Reclaim of the 57.56 Asia high and the 57.61 London high reopens the 57.755 prior high
US Housing Starts and Building Permits at 12:30 GMT could set the NY session direction
57.04–57.61 range since late Asia; London open rejected the session high.
Asia rebounded from the 56.37 Asian low to a 57.61 session high, but London open rejected that high and sold back to 57.05, where buyers held a second test of the 57.04 double low just above the 50% fib of the move. Price sits mid-range near 57.24 with RSI(14) at 46, below EMA20; the stall under the 57.61–57.76 prior high zone fits the digest's read of USD and yields stabilising.
Support: 57.04, 56.37
Resistance: 57.61, 57.755
What it said to watch
M15 close below the 57.04 double low breaks the range floor and the 50% fib near 56.99, exposing the 56.37 Asian low
Reclaim of the 57.61 session high opens the 57.755 prior high
US Housing Starts/Building Permits at 12:30 UTC and Pending Home Sales at 14:00 UTC could shift USD/yields during NY hours
07:46 UTC
Intraday recovery from Asia low, stalling at London open · RSI 45 · price 57.262
Higher lows from 56.37, failed push above Asian high.
Silver recovered from the 56.37 Asian low on haven demand. London open briefly pushed above the 57.559 Asian high to a 57.611 session high, then reversed to 57.25, a false break that leaves price on the rising-lows line and back below EMA20. RSI(14) is neutral near 45 and the upside is stalling well below 58.00 as the USD steadies.
Support: 57.037, 57.00, 56.37
Resistance: 57.559, 57.611, 57.803
What it said to watch
Close below the rising-lows line and the 57.037 swing low, with the 57.00 pivot under it, would break the higher-low chain and open the 50–61.8% retracement
Reclaim of the 57.559 Asian high and the 57.611 session high reopens the 57.803 prior high
Failure back to the 56.37 Asian low would erase the whole recovery leg
US Housing Starts/Permits at 12:30 GMT could shift USD and yields during NY hours
07:32 UTC
Intraday uptrend off the Asian low, stalling · RSI 53 · price 57.484
Higher high / higher low since 56.37; early London rejection at session high.
Silver's Asian rally off the 56.37 Asian low, helped by Hormuz-driven haven demand, set a higher low at 57.037 just above the 57.00 pivot. Early London pushed through the 57.559 Asian high to a 57.611 session high but met rejection, with price back at 57.48, still above the ema20 near 57.40; RSI(14) is neutral around 53.
Support: 57.40, 57.037, 56.37
Resistance: 57.611, 57.803, 58.00
What it said to watch
M15 close below the 57.40 ema20 and the higher-low line puts the 57.037 higher low back in play
Failure to hold 57.037 and the 57.00 pivot breaks the higher-low sequence and exposes the 56.37 asian low
Close back above the 57.611 session high reopens the 57.803 prior high and the 58.00 cap
US Housing Starts and Building Permits at 12:30 GMT could shift the read once NY opens
07:17 UTC
Intraday recovery, stalling at session high · RSI 52 · price 57.468
Higher lows off 56.370 Asian low; London open broke the Asian high, then slipped back below it.
London open pushed through the 57.559 Asian high to a 57.611 session high but has slipped back below it, leaving a possible false break. Recovery from the 56.370 Asian low still holds rising lows at the 57.037 swing low, with Hormuz haven bids behind the bounce. RSI(14) is neutral near 52.
Support: 57.38, 57.037, 56.37
Resistance: 57.559, 57.611, 57.803
What it said to watch
An M15 close back above the 57.611 session high reopens the 57.803 prior high
Loss of the ema20 near 57.38 exposes the 57.037 swing low and the 57.00 pivot
A break below the 57.037 swing low breaks the rising lows from the 56.370 Asian low
US Housing Starts/Permits at 12:30 GMT could shift this read
07:03 UTC
Intraday uptrend off the Asian low · RSI 58 · price 57.596
Higher low at 57.037, now testing above the Asian high at London open.
Silver rebounded from the 56.37 Asian low, and buyers defended a higher swing low at 57.037 before London opened. Price is now probing the 57.559 Asian high, consistent with the digest's haven-bid read on Hormuz headlines. Overhead, yesterday's prior highs at 57.755, the 57.803 prior-day high and the 58.00 round number have capped the rebound so far.
Support: 57.559, 57.037, 56.37
Resistance: 57.755, 57.803, 58.00
What it said to watch
Holding above the 57.559 Asian high confirms the break. A drop back inside the Asian range reads as a false break.
A close below the 57.037 swing low breaks the higher-low line and the Asian rally structure, with the 56.37 Asian low back in view.
Rejection between the 57.755 prior highs and the 57.803 prior-day high, below the 58.00 round number, keeps the move contained within yesterday's range.
US ADP (12:15 GMT) and Housing Starts/Permits (12:30 GMT) could shift the read during the first hour of NY.
06:46 UTC
Rebound, stalling below the Asian high · RSI 54 · price 57.424
Higher low at 57.04 inside the 56.37–57.56 Asian range.
Asia swept below the 57.00 psych pivot to an asian low at 56.37, then reclaimed it in a sharp rally to the 57.559 asian high on Hormuz-driven haven demand. The pre-London dip held a swing low at 57.037 above the 61.8% retrace of that rally, and price is back near 57.42 with a lower high under the Asian top as London opens.
Support: 57.037, 57.00, 56.37
Resistance: 57.559, 57.755
What it said to watch
M15 close above the 57.559 asian high breaks the Asian range and exposes yesterday's 57.755 prior high
Failure to hold the 57.037 swing low and 57.00 psych breaks the rising lows line off 56.37
Loss of the asian rally fib 61.8% near 56.82 puts the 56.37 asian low back in play
US housing starts and building permits at 12:30 GMT could shift USD and this read in NY hours
06:17 UTC
Pullback after Asian V-rebound, momentum fading · RSI 40 · price 57.121
Lower highs and lower lows since 57.559 Asian high.
Asia swept below yesterday's 57.02 low to the 56.37 asian low, then snapped back to the 57.559 asian high as Hormuz haven bids lifted silver. Since then a lower-high/lower-low pullback has returned price to the 38.2% fib near 57.10 ahead of London open, with the 57.037 swing low and 57.00 psych level just beneath.
Support: 57.037, 57.00, 56.37
Resistance: 57.374, 57.559, 57.84
What it said to watch
M15 close below the 57.037 swing low and 57.00 psych exposes the 50%/61.8% fib at 56.97/56.82, then the 56.37 asian low
Reclaim of the 57.374 lower high breaks the pullback sequence and puts the 57.559 asian high and 57.84 prior high back in view
ADP 4-week average (12:15 GMT) and housing starts/permits (12:30 GMT) could shift the read during NY hours
V-recovery off 56.37 Asian low, now pulling back toward the 38.2% fib.
Asia session flushed to 56.37 and then V-recovered to the 57.559 asian high, helped by the Hormuz haven bid. Price has since printed lower highs at 57.50, 57.37 and 57.34. The pullback tagged a 57.06 swing low near the 38.2% fib and is holding above the 57.00 psych pivot ahead of London open.
Support: 57.06, 57.00, 56.965
Resistance: 57.374, 57.559
What it said to watch
M15 close below the 57.00 psych pivot exposes the 50% fib at 56.965 and then 56.82
Reclaim of the 57.374 lower high breaks the lower-high sequence and reopens the 57.559 asian high
London open in roughly an hour; the session's first push decides whether the Asian range holds
US Housing Starts and Building Permits at 12:30 GMT could shift USD and yields
05:47 UTC
Rebound off the Asia low, stalling below 57.56 · RSI 56 · price 57.332
V-shaped recovery from 56.37, holding a higher low at 57.15 inside a 57.15–57.56 band.
The slide from yesterday's 57.84 prior high extended in early Asia to 56.37. That asia low drew a sharp rejection and a rally to 57.559, helped by Hormuz-driven haven demand. Late Asia, the 05:30 GMT dip to 57.153 found buyers above the 38.2% fib, leaving price compressed under the asia high ahead of the London open.
Support: 57.153, 57.00, 56.37
Resistance: 57.559, 57.84
What it said to watch
Failure to hold the 57.153 swing low exposes the 57.00 round number and the 50% fib near 56.97
M15 close above the 57.559 asia high opens the path to the 57.84 prior high
London open in ~1h15 is likely to resolve the 57.15–57.56 band
US Housing Starts/Permits at 12:30 GMT could shift USD and yields
Asian range 56.37–57.56; V-recovery stalled at 57.50, shelf broken.
Asia session broke below the 57.00 pivot to an asia low at 56.37, then reversed in a V-shaped rebound to the 57.56 asia high on haven demand. Repeated rejection near 57.50 capped the move. The 57.38 shelf low gave way in the last hour, and price is now retracing toward the 38.2% fib at 57.10 with RSI(14) neutral near 51.
Support: 57.10, 57.00, 56.37
Resistance: 57.38, 57.56
What it said to watch
M15 close below the 38.2% fib at 57.10 brings the 57.00 pivot and 50% retrace (56.97) into play
Recovery back above the 57.38 shelf low reopens the 57.56 asia high
London open in ~90 min could break the Asian range (56.37–57.56); US housing starts/permits at 12:30 GMT
05:17 UTC
Rebound from Asian low, momentum fading · RSI 52 · price 57.275
V-recovery capped at 57.56; 57.38–57.51 shelf broken lower.
Asia session broke below the 57 pivot to an asian low of 56.37 before a V-shaped recovery to the 57.559 Asian high, with Hormuz haven demand behind the rebound. The 57.38–57.51 shelf gave way in the latest bar, and price now sits on the 23.6% fib near 57.28 with RSI(14) neutral at 52. The break low at 57.257 is the nearest support, and the prior high at 57.84 caps above the Asian high.
Support: 57.257, 56.37
Resistance: 57.38, 57.559, 57.84
What it said to watch
Failure to hold the 57.257 break low exposes the 57 pivot and the 38.2% fib near 57.10
A recovery back above the 57.38 shelf floor negates the range break and puts the 57.559 Asian high back in play
London open in under 2h sets the first test of the Asian range; a return below the 56.37 asian low would undo the rebound
A close above the 57.559 Asian high brings the prior high at 57.84 into view
US housing starts/permits and ADP from 12:15 UTC are a secondary risk later in the day
05:05 UTC
V-shaped rebound, now stalling · RSI 69 · price 57.441
Asia sweep to 56.370 reclaimed; tight coil just below the session high.
Asia broke below the 57.000 round number to an asian low at 56.370, then reversed sharply to a 57.559 session high. That Asia rebound erased Monday's late-NY fade, with haven demand on Hormuz headlines behind the bid. Price has spent the last two hours coiling between the 57.380 range low and the session high into London open, holding above the 23.6% retracement, with RSI(14) near 69, warm but not stretched.
Support: 57.38, 57.00, 56.37
Resistance: 57.559, 57.755, 57.84
What it said to watch
M15 close above the 57.559 session high opens the 57.755 prior high and the 57.840 prior-day high
Loss of the 57.380 range low exposes the 57.105 fib 38.2 of the Asia rebound
A return below the 57.000 round number negates the false break and puts the 56.370 asian low back in play
US ADP at 12:15 GMT and housing starts/permits at 12:30 GMT could shift the NY session read
04:47 UTC
Sharp rebound off asia low, momentum stalling · RSI 62 · price 57.46
V-reversal from 56.37, tight consolidation capped below 57.56.
Asia session swept below Monday's NY lows to the 56.37 asia low, then rebounded roughly 1.19 in under two hours on Hormuz haven demand. The move reclaimed the 57.00 pivot and printed a 57.56 asia high. Price has since compressed in a 57.38–57.51 consolidation late in the Asia session, with RSI(14) cooled to about 62. Monday's 57.84 prior high still sits above.
Support: 57.38, 57.00, 56.37
Resistance: 57.56, 57.84
What it said to watch
M15 close below the 57.38 consol low exposes the 57.00 pivot and the 50% rebound fib near 56.97
Break of the 57.56 asia high puts Monday's 57.84 prior high back in play
Loss of the 57.00 pivot puts the 56.37 asia low back in focus
London open is the next range test; US Housing Starts/Permits at 12:30 GMT could shift the read
04:32 UTC
Short-term recovery, stalling below asian high · RSI 67 · price 57.432
Asia sweep to 56.370 and V-reversal; tight 57.40–57.51 consolidation.
Asia session swept below Monday's lows to the 56.370 asian low, then reversed in a V-shape to the 57.559 asian high. Price is now holding a tight consolidation above the 57.40 range floor into London open, with RSI(14) near 67 and the rally support trendline intact. The bounce fits the digest's short-covering read after Warsh's non-committal Friday speech, but the 57.84 monday high and the 58.00 round number sit overhead.
Support: 57.40, 56.944, 56.37
Resistance: 57.559, 57.84, 58.00
What it said to watch
M15 close above the 57.559 asian high opens the 57.84 monday high, with the 58.00 round number beyond
Loss of the 57.40 range floor puts the 56.944 swing low and rally support trendline (near the 50% fib) in focus
Break back below the 56.370 asian low would negate the sweep-and-reclaim read
US Housing Starts/Building Permits 12:30 UTC and Pending Home Sales 14:00 UTC could shift USD and this read
04:16 UTC
Sharp rebound off Asia low, momentum stalling · RSI 64 · price 57.451
V-reversal from 56.37, higher low at 56.94, coiling under 57.56.
The Asia session flushed below Monday's NY low to a 56.37 session low, then reversed $1.19 to a 57.56 Asian high. It reclaimed the 57.42 NY range top in a short-covering bounce on a softer USD. Price is now coiling just under that high with RSI(14) cooling from the upper 60s, about 3h before London open.
Support: 57.418, 57.06, 56.37
Resistance: 57.559, 57.84
What it said to watch
A close above the 57.56 asian high opens a test of the 57.84 monday high
Holding the 57.42 ny range top keeps the reversal structure intact; failure there returns price to the prior NY chop
A break under the 57.06 ny low, near the 38.2% fib, puts the 56.37 session low back in focus and breaks the rising support line
London open liquidity and US Housing Starts/Permits at 12:30 UTC could shift this read
V-reversal from 56.37 sweep low, higher low at 56.94, stalling below Asia high.
In the Asia session silver swept down to 56.37, then reversed hard. It reclaimed yesterday's NY high at 57.42 and is now pausing just under the 57.56 Asia high, with RSI(14) near 63 after the run. The bounce fits the digest's softer-USD short-covering read, but the prior-day lower-high sequence toward the 57.84 prior high is still intact.
Support: 57.42, 57.00, 56.37
Resistance: 57.56, 57.84
What it said to watch
Holding above the 57.42 ny high keeps the Asian recovery intact; losing it reopens the 57.00 psych level and the 50% fib near 56.97
An M15 close above the 57.56 asia high exposes the 57.84 prior high; rejection there leaves a lower high
A break of rising support from the 56.37 sweep low through the 56.94 higher low negates the reversal read
US ADP and housing data from 12:15 UTC could shift this read during NY hours
V-reversal from Asian sweep low; Monday NY range reclaimed.
Asia session dipped below Monday's 57.06 ny low to a 56.37 session low, then reversed in a ~1,190-pip V-rally back through the 57.42 ny high. Price is now pausing just under the 57.56 asian high, and RSI(14) sits near 63, not stretched. The context digest still frames this as a short-covering bounce in a downtrend that faces supply near $58.
Support: 57.42, 57.06, 56.37
Resistance: 57.559, 57.84
What it said to watch
M15 close back below the 57.42 ny high returns price to Monday's NY range toward the 57.06 ny low
Acceptance above the 57.56 asian high opens the 57.84 prior high
Loss of the rising trendline from the 56.37 session low, or a slide through the 50% fib near 56.97, would undo the reversal read
US housing data and ADP average, 12:15–14:00 UTC, could shift the read as NY opens
03:32 UTC
Sharp intraday reversal higher, stalling below Asia high · RSI 63 · price 57.427
V-shaped recovery from 56.37 swing low; higher low at 56.944, consolidating under 57.559.
Asia session extended Monday's slide with a sweep to the 56.37 swing low, then reversed hard. The Asia rally of about $1.19 to 57.559 retook Monday's 57.42 NY bounce high as fading October-hike bets and haven demand cushioned the dip. Price is now holding just under the Asia high, with RSI(14) near 63 and the 56.944 higher low intact.
Support: 56.944, 56.37
Resistance: 57.559, 57.84
What it said to watch
M15 close above the 57.559 Asia high opens the 57.84 Monday high
Break back below the 56.944 higher low, near the 50% of the Asia rally, unwinds the reversal read
Loss of the 56.37 swing low turns the sweep into a fresh lower-low
US ADP, housing starts and permits at 12:15-14:00 UTC today could shift this read via yields and the USD
V-reversal off 56.37 Asian low, higher low at 56.94, testing 57.42 swing high.
Asia session pushed below Monday's 57.02 late low to an asian low at 56.37, then reversed hard as USD softened in Asia. The rebound left a higher low at 56.94 and has retraced nearly all of the drop from Monday's 57.42 swing high, with RSI(14) near 61 and not stretched.
Support: 57.16, 56.944, 56.37
Resistance: 57.418, 57.755
What it said to watch
M15 close above the 57.42 swing high opens Monday's 57.76 london high
Slip back under the 57.16 prior pivot puts the higher low at 56.94 in play; a break there negates the rebound
Loss of the 56.37 asian low resumes the intraday downtrend
US housing starts/permits and ADP during NY hours could shift the read via USD and yields
Sweep of prior-day low to 56.37, V-recovery back to the 57.00 pivot.
Asia session broke Monday's 57.02 late low and flushed to the 56.37 session low before a V-shaped rebound reclaimed 57.00. A rejection just under the 57.16 session high has price back on the pivot with RSI(14) neutral near 53. Hawkish Fed pricing after last week's hot CPI/PPI keeps rebounds capped below Monday's 57.42 NY high.
Support: 56.944, 56.818, 56.37
Resistance: 57.163, 57.418
What it said to watch
Close below the 56.94 pullback low brings the 56.82 asia shelf and 50% rebound fib near 56.77 back in play
Close above the 57.16 session high opens the 57.42 ny high
Loss of the 56.37 session low resumes the lower-low sequence
US ADP and housing data from 12:15 UTC could shift the read into the NY session
Lower highs since Monday London open; V-rebound off Asia low back above 57.00.
Asia session pushed through the 56.82 reopen low to a 56.37 session low before a V-shaped rebound reclaimed the 57.00 pivot and stalled at the 57.16 rebound high. The lower-high sequence from Monday's 57.84 London peak through the 57.42 NY high is still intact, with hawkish Fed pricing the backdrop.
Support: 57.00, 56.818, 56.37
Resistance: 57.163, 57.418
What it said to watch
Hold of the 57.00 pivot keeps the rebound intact; losing it brings the 56.82 reopen low back into play
M15 close above the 57.16 rebound high exposes the 57.42 NY high, the next lower high in the sequence
A move back below 56.82 re-exposes the 56.37 session low and the full fib rebound
US housing data at 12:30 UTC and Pending Home Sales at 14:00 UTC could shift USD and yields
02:03 UTC
Downtrend, Asia rebound stalling · RSI 48 · price 56.887
Lower highs since Monday NY; Asia broke 57.00 pivot, flushed to 56.37, retraced most of it.
Early Asia session broke below the 57.00 pivot and Monday's late lows, flushing to a 56.37 session low before a sharp rebound to 56.98. That pivot is now capping price just above EMA20. Hawkish Fed pricing after last week's hot CPI/PPI is still the backdrop, and lower highs from the 57.42 NY high remain intact.
Support: 56.64, 56.37
Resistance: 57.00, 57.08, 57.42
What it said to watch
M15 close above the 57.00 pivot and the 57.08 session high negates the Asia breakdown
Loss of the 56.64 rebound base re-exposes the 56.37 session low
Rebound stalling near the 78.6% fib of the Asia drop keeps the lower-high sequence from the 57.42 ny high in place
London open in ~5h is the next likely range expansion; US housing data at 12:30 UTC is later-day risk
LH/LL chain from 57.84; $57.00 lost after the daily reopen, Asia flush to 56.37.
Monday's NY range low near 57.05 gave way after the reopen. The Asia session then cut through the 57 pivot and the 56.82 broken low, flushing to a 56.37 session low before a rebound to 56.66. Lower highs on the descending trendline from 57.42 remain intact with RSI(14) near 35, consistent with the digest's hawkish-Fed and firmer-yield backdrop.
Support: 56.50, 56.37
Resistance: 56.82, 57.00, 57.08
What it said to watch
M15 close above the descending trendline (~56.92) and the 56.82 broken low would break the lower-high chain
Reclaiming the 57 pivot and the 57.08 reopen high invalidates the breakdown read
Failure to hold 56.50 psych and the 56.37 session low confirms a further lower-low
US ADP and housing data from 12:15 UTC could shift yields and USD and move this read
Silver broke Monday's 57.02 prior low early in the Asia session and extended to a 56.37 session low, with the hawkish-Fed backdrop and a steadier USD as the headwind. The lower-high chain from Monday's 57.84 peak and the descending trendline from the 57.42 NY high are intact. The bounce to 56.65 sits below the fib 38.2 retrace at 56.77, with RSI(14) near 34.
Support: 56.37, 56.00
Resistance: 56.77, 57.02, 57.42
What it said to watch
Bounce stalling below the fib 38.2 at 56.77 keeps the lower-high sequence intact
An M15 close back above the 57.02 prior low would invalidate the breakdown read
Failure to hold the 56.37 session low exposes the 56.00 round number
A break above the descending trendline from the 57.42 NY high would mark the first change in structure
US housing data at 12:30 UTC and Pending Home Sales at 14:00 UTC could shift the read in NY hours
01:17 UTC
Downtrend, extended and oversold · RSI 21 · price 56.471
Lower highs since NY, prior-day low broken in Asia.
Asia session extended Monday's NY slide. Price lost the prev day low at 57.02, then the 01:00 UTC bar flushed through the 56.67 broken low to a 56.47 session low. Lower highs have capped every bounce, RSI(14) near 21 is oversold, and hawkish Fed pricing remains the backdrop.
Support: 56.466, 56.00
Resistance: 56.674, 56.999, 57.02
What it said to watch
Recovery back above the 56.67 broken low would mark the 01:00 UTC flush as a false break
A close above the 57.00 Asian high clears the lower-highs trendline, with the prev day low at 57.02 just overhead
Failure to hold the 56.47 session low exposes the 56.00 round number
US ADP and housing data from 12:15 UTC could shift this read via yields and USD
LH/LL sequence since Monday's London high; Asia trading below the 57.00 pivot.
Monday's NY session broke down from the 57.75 London high, and every bounce since has printed a lower high, the last at the 57.418 swing high. Tuesday's Asia session lost the 57.00 pivot, swept to a 56.674 swing low and was capped at 56.999 on the retest, with RSI(14) near 31 as a steadier USD and 5.13% 10y yields weigh.
Support: 56.674, 56.50
Resistance: 57.00, 57.418
What it said to watch
M15 close back above the 57.00 pivot and the lower highs trendline negates the breakdown
Failure to hold the 56.674 swing low extends the lower-low chain toward the 56.50 round number
Reclaim of the 57.418 swing high would break the lower-high structure
US housing data at 12:30 UTC in the NY session could shift USD and yields
LH/LL chain; Asia session broke below 57.00 pivot.
Monday printed a lower high in each session: 57.84 in Asia, 57.755 in London and 57.418 at the NY high. Silver slid as the USD and yields steadied. Early Tuesday Asia trade lost the 57.00 pivot and wicked to a 56.674 session low before a rejection, with RSI(14) near 36 and price below both EMAs.
Support: 56.674, 56.50
Resistance: 57.00, 57.418
What it said to watch
Close back above the 57.00 pivot, near the 38.2–50% fib, would challenge the lower-high sequence
Descending trendline from the London high, then the 57.418 ny high, caps the structure
Failure to hold the 56.674 session low exposes the 56.50 round number
US ADP and housing data from 12:15 UTC Tue could shift the read later in the day
00:32 UTC
Downtrend, lower highs since London · RSI 37 · price 56.895
Broke below Monday's floor after reopen; spike low rejected, now basing below $57.
Silver slipped below Monday's 57.02 prior low after the daily reopen. That extended the lower-high sequence from the 57.755 London high and the 57.418 swing high, as USD and yields steadied. An early Asia session spike to 56.674 was rejected within the bar. Price now sits between the 56.818 swing low and the $57.00 pivot, with RSI(14) near 37 and the bounce stalling at the 38.2% retrace of the drop.
Support: 56.818, 56.674
Resistance: 57.02, 57.418
What it said to watch
M15 close back above the 57.02 prior low and $57.00 pivot returns price to Monday's range
Failure to hold the 56.818 swing low re-exposes the 56.674 spike low
A move through the 57.418 swing high breaks the lower-highs sequence
US ADP and housing data from 12:15 UTC (15:15 broker) could shift USD and yields, and this read
Lower highs and lower lows since the Asian high; 57.00 pivot lost.
Monday's lower-high sequence from the 57.840 Asian high carried through the reopen. Price lost the 57.00 round number and set a session low at 56.818 as yields firmed and the USD steadied. The early Asia session bounce is stalling just under 57.00 and below the 57.056 NY low, with RSI(14) near 38.
Support: 56.848, 56.818
Resistance: 57.00, 57.056, 57.418
What it said to watch
An M15 close back above the 57.00 round number and the 57.056 NY low would neutralise the lower-high read
Failure to hold the 56.848 minor hl and the 56.818 session low extends the lower-low chain toward 56.50
The lower-high line near 57.15, the 38.2% retrace of the Asian high to session low leg near 57.21 and the 57.418 lower high stack overhead
US ADP, Housing Starts and Building Permits (12:15–12:30 UTC) could materially shift this read
00:03 UTC
Downtrend, fresh lower low in early Asia · RSI 32 · price 56.928
Lower highs from 57.755; NY floor 57.02–57.06 broken after reopen.
Silver cracked the 57.02–57.06 NY-session lows after the daily reopen and set a session low at 56.818 in early Asia. Lower highs at 57.755 and 57.418 frame the slide as the hot-CPI/PPI repricing lingers. Price is now pinned just under the 57.00 psych pivot, with RSI(14) near 32 and not yet stretched.
Support: 56.818, 56.50
Resistance: 57.00, 57.056, 57.418
What it said to watch
A reclaim of the 57.00 psych and the 57.056 ny low would turn the overnight break into a false break.
Failure to hold the 56.818 session low extends the lower-low chain toward the 56.50 round number.
The 38.2–50% fib of drop (57.05–57.12) overlaps the ny low; rejection there keeps the lower-highs sequence intact.
A move above the 57.418 swing high and the lower-highs trendline invalidates the intraday downtrend read.
Tue 12:15–14:00 UTC housing starts, permits and ADP could shift USD and change this read.