XAG/USD AI Live Scan, 15-minute chart, Tuesday, 21 July 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

Uptrend, momentum cooled to sideways · RSI 49 · price 58.835

Consolidation below session high after impulsive rally.

Silver spiked to a 59.22 session high on the US-Iran ceasefire relief bid, then faded and has been drifting in a quiet Asia session between 58.65 and 59.00. RSI(14) has cooled to neutral near 49 and price is pinned around EMA20 with no momentum in the last few hours.

Support: 58.65, 58.244

Resistance: 59.00, 59.225

What it said to watch

  • M15 close above 59.00 psych level opens the 59.22 session high and the $60 cap
  • Loss of 58.65 range low exposes the 58.24 session low
  • S&P Global flash PMIs Fri 13:45 UTC could reprice USD and shift this read

23:47 UTC

Uptrend stalled, now ranging · RSI 52 · price 58.835

Consolidation in upper zone after impulsive leg.

Silver spiked ~4.5% earlier on US-Iran ceasefire hopes, tagging 59.22 before fading. Price has since coiled into a tight 58.65–58.90 range on thin late-session volume, RSI(14) neutral near 52.

Support: 58.65, 58.244

Resistance: 58.90, 59.186

What it said to watch

  • M15 close above 58.90 opens the path back to the 59.18 swing high
  • Loss of 58.65 swing low exposes the 58.24 session low
  • S&P Global US PMIs Fri could shift USD and this read

23:32 UTC

Uptrend stalling, drifting off highs · RSI 47 · price 58.81

Consolidating below session high after impulsive rally.

Silver ripped from 56.09 to a 59.22 session high on US-Iran ceasefire hopes and a softer USD, then rejected the level and faded into thin Asian trade. Now hovering near 58.81, consolidating in the low-58s with RSI back to neutral; the 59.00 psych area caps for now.

Support: 58.65, 58.24

Resistance: 59.00, 59.22

What it said to watch

  • Reclaim of 59.00 and a push through 59.22 opens the $60 cap
  • Loss of 58.65 session low exposes the 58.24 swing low
  • S&P Global PMIs Fri could shift the USD-driven read

23:32 UTC

Uptrend cooled, now consolidating · RSI 51 · price 58.81

Range after impulsive rally, holding higher lows.

Silver ripped from 56.10 to a session high at 59.22 on US-Iran ceasefire hopes and a softer USD, then faded and stalled below 59.00. Now consolidating in thin Asia hours around 58.75-58.90, RSI back to neutral after the run.

Support: 58.24

Resistance: 59.00, 59.22, 60.00

What it said to watch

  • Reclaim of 59.00 then 59.22 reopens the path toward the 60.00 psych cap
  • Loss of 58.24 pullback low negates the higher-low sequence
  • S&P Global US PMIs Fri could shift USD tone and this read

23:17 UTC

Uptrend, momentum stalled · RSI 47 · price 58.759

Consolidating below session high after rally.

Silver ripped from 56.09 to 59.22 one-week highs on US-Iran ceasefire hopes and a softer USD, then faded through NY into Asian hours. Now drifting sideways 58.65–58.92 on thin volume, RSI(14) back to neutral near 46, price hugging EMA20.

Support: 58.65, 58.44, 58.24

Resistance: 58.92, 59.09, 59.22

What it said to watch

  • Reclaim of 59.09/59.22 needed to resume the rally toward the $60 cap
  • Loss of 58.65 opens the 58.44 then 58.24 session low
  • S&P Global PMIs Fri could shift USD and cap this bounce

23:17 UTC

Uptrend stalling, consolidating below session high · RSI 46 · price 58.759

Lower highs since 59.225 peak, ranging 58.70-58.90.

Silver ripped from 56.09 to a session high of 59.225 on US-Iran ceasefire hopes and a softer USD, then rolled into consolidation between 58.70 and 58.90. Momentum has faded in quiet Asia hours with RSI back near 46 and price slipping under EMA20; lower highs have printed since the peak.

Support: 58.70, 58.244

Resistance: 58.90, 59.225, 59.00

What it said to watch

  • Reclaim of 59.000 psych and the 59.225 session high needed to resume the rally
  • Failure to hold 58.700 exposes the 58.244 session low
  • S&P Global PMIs Fri could shift USD and this read

23:03 UTC

Uptrend stalling, consolidating below 59 · RSI 45 · price 58.732

Range-bound after topping at 59.22.

Silver ripped ~5% off the 56.09 base to 59.22 through London-NY on US-Iran ceasefire hopes and a softer dollar, but the $59 handle capped and price has chopped between 58.24 and 59.15 since. Now consolidating near 58.73 in thin Asian hours with RSI(14) mid-range.

Support: 58.69, 58.24

Resistance: 59.22

What it said to watch

  • M15 close above 59.22 reopens the $60 psych area
  • Loss of 58.24 session low confirms a lower low
  • S&P Global PMIs Fri could shift USD and this read

23:03 UTC

Uptrend stalling, pulling off highs · RSI 44 · price 58.732

Consolidation below the 59.20 high.

Silver ripped from 56.09 to a 59.20 session high on US-Iran ceasefire hopes and a softer USD, and is now consolidating in the low-volume Asia session, drifting toward 58.65 with price back under both EMAs. RSI(14) has cooled to the mid-40s; note the data gap into the reopen where price held the 58.7 area.

Support: 58.65, 58.24

Resistance: 59.20

What it said to watch

  • Reclaim of 59.20 session high reopens the path higher
  • Loss of the 58.65 swing low exposes the 58.24 session low
  • S&P Global PMIs Fri and Iran ceasefire headlines could shift this read

22:47 UTC

Uptrend faded, now consolidating · RSI 49 · price 58.819

Range after impulsive rally, mid-range.

Silver ran from 56.33 to a 59.22 swing high across the window on Iran ceasefire hopes and a softer USD, then stalled and rolled into a range. Price is now chopping mid-range around 58.80 on thin late-session volume, RSI(14) neutral near 49; the 58.65 session low and 59.00 psych level bracket the immediate structure.

Support: 58.65, 58.24

Resistance: 59.00, 59.22

What it said to watch

  • Close above 59.00 opens the path back toward the 59.22 swing high
  • Break of 58.65 session low exposes the 58.24 swing low
  • S&P Global PMIs Fri could shift USD and reprice this bounce

22:47 UTC

Uptrend, momentum stalling · RSI 48 · price 58.819

Consolidating below 59.20 after impulsive rally.

Silver ran from 56.09 to a 59.225 swing high on Iran ceasefire hopes and a softer USD, then stalled and is now drifting inside a 58.65–58.99 range. Volume has thinned into the Asia session with RSI neutral near 48; the shallow pullback holds well above the impulse fib zone.

Support: 58.65, 58.44, 58.244

Resistance: 58.99, 59.225

What it said to watch

  • M15 close above 58.99 reopens the 59.225 swing high
  • Failure to hold 58.65 exposes 58.44 then 58.24
  • S&P Global PMIs Fri could shift the USD read

22:32 UTC

Uptrend, momentum cooling · RSI 53 · price 58.865

Consolidating below session high after impulse.

Silver ran ~5% through the window off 56.10 to 59.22 on US-Iran ceasefire hopes and a softer USD, then stalled below the $59 psych cap. Last several hours have printed lower highs and held the 58.65 session low, RSI(14) cooling to the low-50s from stretched levels.

Support: 58.65, 58.44

Resistance: 59.00, 59.22

What it said to watch

  • Reclaim of 59.00 psych reopens the 59.22 session high
  • Failure to hold 58.65 session low exposes 58.44 swing low
  • S&P Global PMIs Fri could shift USD and this read

22:32 UTC

Uptrend, momentum stalled · RSI 51 · price 58.865

Consolidation after impulsive rally.

Silver ripped from 56.10 to 59.22 through the London-NY window on Iran ceasefire hopes and a softer USD, then faded and is now coiling 58.65-58.90 in a quiet Asian session on thin volume. RSI(14) has cooled back to neutral near 50 as the rally digests below the 59.00 psych level.

Support: 58.65, 58.24

Resistance: 59.00, 59.22

What it said to watch

  • Reclaim of 59.00 psych opens a retest of the 59.22 session high
  • Loss of 58.65 swing low exposes the 58.24 session low
  • US-Iran ceasefire headlines remain the dominant intraday driver either way

22:17 UTC

Uptrend stalled, now consolidating · RSI 49 · price 58.809

Range after rejection below 59.22 session high.

Silver rallied off 56.09 to a 59.22 session high on Iran ceasefire hopes, then faded and has spent Asia hours ranging 58.70-58.90. RSI(14) has cooled to the midline; buyers stepped in around 58.69 while the 59.00 round number caps upside.

Support: 58.69, 58.44

Resistance: 59.00, 59.22

What it said to watch

  • M15 close above 59.00 reopens the 59.22 session high
  • Loss of 58.69 session low exposes 58.44 swing low
  • S&P Global PMIs Fri could shift USD and this read

22:17 UTC

Uptrend, momentum stalled · RSI 49 · price 58.809

Consolidating below session high after rally.

Silver ripped from 56.09 to a session high of 59.22 through the London-NY window on US-Iran ceasefire hopes and a softer dollar, then faded. Price is now consolidating in thin Asia hours between 58.69 and 58.91, RSI(14) back to neutral near 49 after the extended run.

Support: 58.688, 58.435

Resistance: 59.134, 59.225, 60.00

What it said to watch

  • Reclaim of 59.13-59.22 reopens the path toward the 60.00 cap
  • Loss of 58.69 exposes the 58.44 swing low
  • S&P Global PMIs Fri could shift USD and this read

22:03 UTC

Uptrend stalling, pulling back · RSI 49 · price 58.773

Range under recent highs after impulsive rally.

Silver's short-cover bounce on US-Iran ceasefire hopes ran into rejection at 59.22, and price has since drifted into a range between the 58.65 session low and the 59.19 swing high. RSI(14) is flat near 49 with price back below EMA20 — momentum has cooled after the impulsive leg, current 58.773 sitting mid-range.

Support: 58.651, 58.244

Resistance: 59.186, 59.225

What it said to watch

  • M15 close below 58.651 opens the range low at 58.244
  • Reclaim of 59.186 puts the 59.22 session high back in play
  • US-Iran ceasefire headlines remain the dominant intraday driver

22:03 UTC

Uptrend stalling, pullback in play · RSI 48 · price 58.773

Consolidating below session high after rejection.

Silver ripped through the session on US-Iran ceasefire hopes and a softer USD, tagging 59.22 before rejection. Price has since faded and is consolidating 58.65-58.99 into late NY hours, RSI hovering near neutral with price back under EMA20/50.

Support: 58.65, 58.44, 58.24

Resistance: 58.99, 59.09, 59.22

What it said to watch

  • Reclaim of 58.99-59.09 reopens the 59.22 session high
  • Loss of 58.65 exposes the 58.44 session low then 58.24
  • S&P Global PMIs Fri could shift USD and this read

21:47 UTC

Uptrend cooling into range · RSI 47 · price 58.773

Consolidation below session high after sharp rally.

Silver ripped +4.5% to a session high at 59.225 on US-Iran ceasefire headlines, then rolled into a 58.65–59.10 consolidation. Price sits mid-range at 58.773, RSI near neutral; the range top capped every push while the 58.65 session low has held.

Support: 58.65, 58.244

Resistance: 59.075, 59.225

What it said to watch

  • M15 close below 58.65 opens 58.24 swing low
  • Reclaim of 59.10 range top needed to retest 59.22 session high
  • S&P Global PMIs Fri could shift USD and this read

21:47 UTC

Uptrend, momentum stalling · RSI 49 · price 58.773

Rolled over from highs, lower highs into consolidation.

Silver ran up through the NY session on Iran ceasefire hopes to test 59.225 before rolling over; now consolidating 58.65-58.90 with RSI(14) back near neutral. The $59.00 psych area caps and the $60.00 headline resistance remains untested.

Support: 58.65, 58.44, 58.244

Resistance: 59.00, 59.225

What it said to watch

  • M15 close back above 59.00 reopens the path to 59.225 and the $60 cap
  • Loss of 58.65 exposes the 58.44 session low then 58.24
  • US-Iran ceasefire headlines can shift this read intraday

21:32 UTC

Uptrend cooling into consolidation · RSI 47 · price 58.773

Pullback below 59.00 after impulsive rally, lower highs forming.

Silver ran from 56.09 to a session high of 59.22 on Iran ceasefire hopes and a softer USD, then rejected the 59.00 psych level and drifted into a 58.65–59.00 range. Price sits at 58.77 with RSI(14) mid-band, momentum flat after the impulse.

Support: 58.65, 58.44

Resistance: 59.00, 59.22

What it said to watch

  • Reclaim of 59.00 psych needed to retest the 59.22 session high
  • Loss of 58.44 swing low would confirm a deeper fade toward 58.00
  • S&P Global PMIs Fri could shift USD and this read

21:32 UTC

Uptrend, momentum cooling · RSI 47 · price 58.773

Consolidating below intraday high after strong rally.

XAG ripped ~5% off 56.09 to 59.22 through the NY session on US-Iran ceasefire hopes and a softer USD, then rolled over into consolidation. Price now hugs 58.77 in early Asia, holding the 58.65 shelf with RSI cooled back to the mid-40s.

Support: 58.65, 58.24

Resistance: 59.22, 59.70

What it said to watch

  • M15 close below 58.65 exposes the 58.24 swing low
  • Reclaim of 59.22 needed to open a retest toward the 59.70 week high
  • Iran ceasefire headlines remain the dominant intraday driver

21:17 UTC

Uptrend, momentum fading · RSI 48 · price 58.773

Consolidating below session high after rally.

Silver ripped to a one-week high at 59.225 on US-Iran ceasefire hopes and a softer USD, then stalled and drifted lower into the NY session. Price is now consolidating around 58.77 below the 59.00 psych cap, RSI cooling to the midline after the impulse; the 58.65 swing low is holding on the last bounce.

Support: 58.65, 58.44, 58.244

Resistance: 59.00, 59.19, 59.225

What it said to watch

  • M15 close below 58.65 exposes 58.44 then 58.24
  • Reclaim of 59.00 psych needed to retest the 59.19-59.22 highs
  • US-Iran ceasefire headlines remain the dominant driver of this move

21:17 UTC

Uptrend stalling, pulling back off highs · RSI 48 · price 58.773

Consolidation below session high, lower highs forming.

Silver's short-cover run off the YTD lows peaked at $59.23 before fading during the NY session; price is now consolidating in the 58.44-59.13 band on the Iran-ceasefire relief bid. A shallow bounce off 58.65 into the Asia open has RSI(14) back near neutral after the pullback from the highs.

Support: 58.65, 58.435

Resistance: 59.13, 59.225

What it said to watch

  • Close below 58.435 confirms a lower low and extends the fade
  • Reclaim of 59.13 needed to re-open the 59.23 session high
  • S&P Global PMIs Fri could shift the USD read behind this move

21:05 UTC

Uptrend stalling, shallow pullback · RSI 49 · price 58.773

Pulled back from 59.22 high, ranging below session high.

Silver spiked from 56.09 to 59.22 on Iran ceasefire hopes and a softer USD, then rolled into a shallow pullback. Now consolidating in the 58.65–58.90 band, a late-day bounce off 58.65 keeping the range intact with RSI(14) neutral near 49.

Support: 58.65, 58.24

Resistance: 58.90, 59.22

What it said to watch

  • Reclaim of 58.90 reopens the path to the 59.22 swing high
  • Failure to hold 58.65 exposes the 58.24 swing low
  • US-Iran ceasefire / oil headlines can shift this read; PMIs Fri also in play

21:05 UTC

Uptrend, momentum stalling · RSI 50 · price 58.773

Consolidation below session high after impulsive rally.

Silver ripped ~5% off the Asian range to a 59.225 session high on US-Iran ceasefire headlines and a softer USD, then rolled into a choppy consolidation. Into the late NY session price is drifting at 58.77, sitting near the 44% retrace of the last leg up with RSI back at neutral.

Support: 58.651, 58.244

Resistance: 58.997, 59.186, 59.225

What it said to watch

  • Loss of 58.651 opens the 58.244 session low
  • Reclaim of 58.997 range top puts the 59.186 swing high back in play
  • Continuous US-Iran ceasefire headlines can reprice this move fast

20:47 UTC

Uptrend stalling, consolidating below highs · RSI 47 · price 58.779

Range after rally, lower highs building.

Silver ran to a session high of 59.22 on the Iran ceasefire-driven short-cover bounce, then rolled into a late-NY consolidation between 58.69 and 58.92 with a chain of lower highs. Price sits mid-range at 58.78, back under both EMAs; momentum has cooled with RSI near neutral.

Support: 58.69, 58.44

Resistance: 58.92, 59.13, 59.22

What it said to watch

  • Reclaim of 58.92 reopens 59.13 then the 59.22 session high
  • Loss of 58.69 session low exposes 58.44 swing low
  • S&P Global US PMIs Fri could shift the read via USD

20:47 UTC

Rally faded, consolidating · RSI 47 · price 58.779

Lower highs off 59.20, holding 58.65.

Silver tagged one-week highs near 59.20 during the NY session on US-Iran ceasefire hopes, then drifted lower into a set of lower highs. Price is now consolidating in the 58.65–58.99 band; buyers stepped in twice at 58.65 late session, RSI(14) hovering mid-range.

Support: 58.244

Resistance: 58.99, 59.20

What it said to watch

  • Reclaim of 58.99 reopens the 59.20 range high
  • Loss of 58.65 swing low exposes 58.24 session low
  • S&P Global flash PMIs Fri could shift the near-term read

20:32 UTC

Pullback after impulse, momentum fading · RSI 42 · price 58.718

Lower highs off 59.22, ranging 58.65-59.00.

Silver ripped from 56.09 to 59.22 across the London/NY session on US-Iran ceasefire hopes and a softer USD, then rolled over into a run of lower highs. Late NY has it grinding back to the 58.65 swing low, RSI(14) cooling to the low 40s and price under both EMAs; a 50% retrace of the last leg sits right here at 58.71.

Support: 58.651, 58.244

Resistance: 59.225

What it said to watch

  • M15 close below 58.65 exposes the 58.24 session low
  • reclaim of 58.99 needed to re-challenge the 59.22 swing high
  • fresh US-Iran ceasefire headlines could snap this range either way

20:32 UTC

Uptrend stalling, pulling back · RSI 44 · price 58.718

Consolidation below session high.

Silver's short-cover rally off the YTD lows stalled at 59.225 during the NY session and has since faded, printing lower highs into 58.72. Price is now sitting on the 50% retrace of the 58.244–59.186 leg, drifting inside a 58.65–59.00 consolidation with RSI(14) cooled to the mid-40s.

Support: 58.651, 58.244

Resistance: 58.99, 59.186, 59.225

What it said to watch

  • M15 close below 58.244 confirms a lower low and breaks the intraday uptrend
  • Reclaim of 59.19 needed to re-open the session high
  • US-Iran ceasefire headlines remain the dominant driver and can gap this move either way

20:17 UTC

Uptrend stalling, pulling back · RSI 43 · price 58.673

Post-rally pullback, lower highs off session high.

NY session drove silver to a session high of 59.225 on US-Iran ceasefire hopes and a softer USD, then rolled over into a series of lower highs now trading 58.67. Price sits below EMA20/50 with RSI cooling near 42; buyers defended 58.24 on the earlier dip.

Support: 58.244, 58.00

Resistance: 58.92, 59.225

What it said to watch

  • Close below 58.244 opens the path to the 58.00 round number
  • Reclaim of 58.92 needed to re-target the 59.225 session high
  • S&P Global PMIs Fri could materially shift this read

20:17 UTC

Uptrend, momentum fading · RSI 44 · price 58.673

Pullback off session high, lower highs.

Silver ripped from 56.09 through London-NY to a 59.22 session high on US-Iran ceasefire hopes and a softer USD, but has been carving lower highs since and is fading into the late session at 58.67. RSI(14) has cooled to the mid-40s as price rolls off the top.

Support: 58.244

Resistance: 59.10, 59.225

What it said to watch

  • Reclaim of 59.10 would negate the pullback and reopen the session high
  • Loss of 58.24 confirms a lower low and deeper retrace
  • US-Iran ceasefire headlines remain the dominant driver and can shift this read intrabar

20:03 UTC

Uptrend stalling, momentum fading · RSI 44 · price 58.744

Lower highs, consolidating below 59.20.

NY session drove silver off the 56.09 low to a 59.22 high on Iran ceasefire short-covering, but the push stalled twice near 59.20 and price is now grinding out lower highs. Late NY sees it drifting to 58.74, RSI(14) cooled to the mid-40s with the $60 cap still untested.

Support: 58.69, 58.44, 58.24

Resistance: 59.20

What it said to watch

  • M15 close above 59.20 reopens the path to the $60 psych cap
  • Break of 58.44 swing low exposes the 58.24 session low
  • S&P Global PMIs Fri could reprice USD and shift this read

20:03 UTC

Uptrend stalling, pullback in play · RSI 47 · price 58.744

Lower highs since the 59.225 peak, holding above 58.66.

Silver rallied from 56.09 to 59.225 on US-Iran ceasefire hopes and a softer dollar, then rejected the 59.00 area and faded into the NY afternoon. Now grinding sideways around 58.74, capped below EMA20, with RSI(14) mid-range and no fresh impulse.

Support: 58.66, 58.24

Resistance: 59.00, 59.23

What it said to watch

  • Close below 58.66 confirms a lower-low and exposes 58.24
  • Reclaim of 59.00 needed to threaten the 59.23 session high
  • S&P Global PMIs Fri could shift USD and this read

19:47 UTC

Uptrend, momentum stalling · RSI 44 · price 58.727

Pullback from session high after lower high.

Silver rallied from 56.40 to 59.20 through London-NY on US-Iran ceasefire hopes and a softer USD, then stalled at a double top near 59.19-59.22 and drifted back to 58.73. RSI(14) has cooled to the mid-40s and price now sits below EMA20 as the intraday pullback develops.

Support: 58.69, 58.44

Resistance: 59.00, 59.19

What it said to watch

  • Reclaim of 59.00 would negate the pullback and re-open the 59.19 session high
  • Break below 58.44 swing low confirms a lower low
  • S&P Global PMIs Fri 13:45 UTC could shift USD and this read

19:47 UTC

Uptrend stalling, pulling back · RSI 44 · price 58.727

Range under lower highs after impulsive rally.

Silver ran to a session high of 59.22 on the US-Iran ceasefire relief bounce, then faded through late NY and is now sitting on the 50% retrace of the last leg near 58.72. RSI(14) has cooled back to the mid-40s as price drifts along session lows under a chain of lower highs.

Support: 58.69, 58.44

Resistance: 58.99, 59.22

What it said to watch

  • M15 close below 58.69 exposes the 58.44 swing low
  • Reclaim of 58.99 needed to re-challenge the 59.22 session high
  • US-Iran ceasefire headlines remain the dominant intraday driver

19:32 UTC

Uptrend stalling, pulling back · RSI 43 · price 58.761

Lower high off 59.22, testing recent lows.

Silver's 4.5% pop to a one-week high near 59.22 on US-Iran ceasefire hopes has stalled; price rolled over into a lower high at 59.19 and is drifting to 58.76 through late NY hours. RSI(14) near 43 with price back below EMA20, holding just above the 58.70 recent low.

Support: 58.70, 58.24

Resistance: 58.92, 59.19

What it said to watch

  • M15 close below 58.70 opens the path to the 58.24 swing low
  • Reclaim of 58.92 and 59.19 needed to resume the bounce
  • S&P Global PMIs Fri could shift USD and cap this move near 60.00

19:32 UTC

Uptrend, momentum fading · RSI 45 · price 58.761

Consolidating below session highs.

Silver rallied through the London-NY sessions off 56.10 to session highs near 59.19 on Iran ceasefire hopes and a softer USD, and is now drifting lower into late NY, back at 58.76. Rejection capped the 59.19 area; price has settled back into a mid-range retrace of the last leg up.

Support: 58.24

Resistance: 59.00, 59.19

What it said to watch

  • Close below 58.24 confirms a lower low and breaks the intraday uptrend
  • Reclaim of 59.00 psych opens a retest of the 59.19 session high
  • PMIs Fri and continuous Iran ceasefire headlines can shift this read fast

19:17 UTC

Uptrend, momentum cooling · RSI 47 · price 58.775

Pullback after test of session high.

Silver ran up through the London-NY session to a 59.22 session high on US-Iran ceasefire hopes softening the USD, then rejected and drifted back into 58.70-59.13. Late NY consolidation with RSI(14) cooling to the mid-40s; the swing low at 58.70 is being probed.

Support: 58.70, 58.44

Resistance: 59.13, 59.22, 60.00

What it said to watch

  • M15 close below 58.70 exposes the 58.44 pullback low
  • Reclaim of 59.22 session high reopens the path toward the 60.00 psych barrier
  • Fresh US-Iran ceasefire/escalation headlines are the dominant near-term catalyst

19:17 UTC

Uptrend stalling, pullback in progress · RSI 47 · price 58.775

Consolidation below session high after strong rally.

Silver ripped from 56.09 to a 59.225 day high during the London-NY session on US-Iran ceasefire headlines that softened the USD, then rejected there and is now drifting lower late in NY, ranging 58.70-59.10. RSI(14) has cooled to the mid-40s as the pullback holds above the 58.44 swing low.

Support: 58.70, 58.44

Resistance: 59.10, 59.225, 60.00

What it said to watch

  • Close below 58.700 confirms a lower-low and exposes the 58.440 swing low
  • Reclaim of 59.100 session high reopens the 59.225 day high and $60.00 psych
  • Any fresh US-Iran ceasefire/escalation headline is the dominant near-term catalyst

19:03 UTC

Uptrend, momentum stalling · RSI 53 · price 58.844

Rally capped near 59.22, consolidating below.

Silver ran from 56.10 to 59.22 across the London-NY sessions on US-Iran ceasefire hopes softening the USD, then stalled and rejected the session high. Price is now consolidating 58.24-59.22, RSI(14) cooling back to mid-range as the move digests below the $60 psych barrier.

Support: 58.244, 58.00

Resistance: 59.225, 59.70

What it said to watch

  • Close above 59.22 opens the path to the 59.70 one-week high
  • Failure to hold 58.24 swing low exposes the 58.00 round number
  • S&P Global PMIs Fri could shift USD tone and this read

19:03 UTC

Uptrend paused, consolidating · RSI 49 · price 58.844

Range below one-week high after strong leg up.

Silver ran from 56.50 to 59.22 on US-Iran ceasefire hopes softening the USD, and is now consolidating in the high 58s below the 59.18 one-week high. Price has chopped 58.71–59.18 through NY hours after a rejection at 59.18; sits just under EMA20 with RSI(14) neutral near 48.

Support: 58.71, 58.44, 58.24

Resistance: 59.18, 59.22, 60.00

What it said to watch

  • M15 close above 59.22 session high opens the 60.00 psych barrier
  • Loss of 58.71 session low exposes the 58.44 swing low then 58.24
  • S&P Global PMIs Fri and fresh US-Iran headlines are the dominant near-term catalysts

18:47 UTC

Uptrend, momentum cooling · RSI 53 · price 58.915

Consolidating below session high.

Silver ran from 56.09 to the 59.22 session high on US-Iran ceasefire headlines softening the USD, then pulled back to 58.24 before recovering. Now chopping in a 58.70–59.18 band into late NY hours, RSI(14) neutral near 53 after cooling from the highs.

Support: 58.70, 58.44, 58.24

Resistance: 59.18, 59.22, 60.00

What it said to watch

  • M15 close above 59.22 reopens the run toward the 60.00 psych barrier
  • Loss of 58.70 then 58.44 confirms deeper retrace toward the 58.24 session low
  • Any fresh US-Iran ceasefire/escalation headline is the dominant near-term catalyst

18:47 UTC

Uptrend, momentum stalling below highs · RSI 53 · price 58.915

Consolidation under session high after strong rally.

Silver ripped ~5% off 56.09 to test 59.22 on US-Iran ceasefire hopes softening the USD, now consolidating 58.70-59.20 through the NY session. RSI(14) has cooled to the mid-50s and buyers stepped in on the 58.24 dip; the session high caps price for now.

Support: 58.70, 58.24

Resistance: 59.20, 59.70, 60.00

What it said to watch

  • M15 close above 59.20 session high opens the path to the 59.70 1wk high, then 60.00 psych
  • Failure to hold 58.70 recent low exposes the 58.24 session low
  • US-Iran ceasefire vs escalation headlines remain the dominant near-term driver

18:32 UTC

Uptrend paused, consolidating near highs · RSI 53 · price 58.934

Range after impulsive rally, higher-timeframe highs holding.

Silver ripped ~4.5% during the NY session to a 59.22 session high on US-Iran ceasefire headlines softening the USD, then rolled into a tight consolidation between 58.69 and 59.19. RSI(14) has cooled back to the mid-50s as price holds the shallow retrace of the rally.

Support: 58.69, 58.24

Resistance: 59.19, 59.70

What it said to watch

  • M15 close above 59.19 opens the path back toward the 59.70 one-week high
  • Loss of 58.69 exposes the 58.24 swing low
  • Any fresh US-Iran ceasefire or escalation headline is the dominant near-term catalyst and could shift this read

18:32 UTC

Uptrend, momentum cooling · RSI 53 · price 58.934

Consolidating below recent high after pullback.

Silver ran through the European/early-NY window to 59.22 on US-Iran ceasefire hopes softening the USD, then unwound to 58.24 before recovering. Now ranging beneath the 59.19 swing high with RSI(14) neutral near 53 and price hugging EMA20 into late NY hours.

Support: 58.244

Resistance: 59.19, 59.10

What it said to watch

  • M15 close above 59.19 swing high reopens the 59.70 one-week high
  • Loss of the 58.24 pullback low signals a deeper unwind toward 57.50
  • S&P Global PMIs Fri could materially shift this read

18:17 UTC

Uptrend stalling, pulling back · RSI 44 · price 58.767

Lower highs below 59.22 session high.

Silver ripped from the mid-56s to a 59.22 session high on US-Iran ceasefire headlines softening the USD, then rejected there and drifted back into the 58.70s, now sitting below EMA20. RSI(14) has cooled to the mid-40s as NY-afternoon momentum fades; price is churning around the 50% retrace of the 58.24-59.19 leg.

Support: 58.69, 58.24

Resistance: 59.09, 59.22

What it said to watch

  • Loss of 58.69 opens the 58.24 session low
  • Reclaim of 59.09 swing high revives the push toward 59.22
  • Any fresh US-Iran ceasefire/escalation headline is the dominant near-term catalyst

18:17 UTC

Uptrend stalling, pullback in progress · RSI 47 · price 58.767

Lower highs off 59.22 session peak, drifting into support.

Silver rallied ~4.5% into the 59.22 session peak on US-Iran ceasefire hopes softening the USD, but the last few NY hours have carved lower highs and price is drifting back toward the 58.69 session low. Momentum has cooled with RSI(14) near 46 and price now below EMA20 while holding above EMA50.

Support: 58.69, 58.44

Resistance: 59.19, 60.00

What it said to watch

  • Close below 58.44 confirms a lower low and deepens the pullback
  • Reclaim of 59.19 session high needed to resume the uptrend toward 60.00 psych
  • S&P Global PMIs Fri could reprice USD and shift this read

18:03 UTC

Uptrend, momentum fading · RSI 45 · price 58.714

Pullback after rally to session high.

Silver ran ~5% off the 56.15 low to a session high of 59.22 on US-Iran ceasefire hopes softening the USD, then rolled into a consolidation and is now easing back toward 58.70. RSI(14) has cooled to the mid-40s as price sits below EMA20 but holds above EMA50; supply capped the move at 59.19 twice.

Support: 58.675, 58.244

Resistance: 59.186, 59.225, 59.70

What it said to watch

  • Close below 58.24 session low confirms a lower low
  • Reclaim of 59.19 session high reopens the 59.70 area
  • S&P Global PMIs Fri Jul 24 could shift USD tone and this read

18:03 UTC

Uptrend, momentum stalling · RSI 46 · price 58.714

Pullback after testing session high.

NY session ran silver off the 56.35 base up to 59.22 on US-Iran ceasefire hopes softening the USD, but two rejections at 59.1-59.2 have capped it. Price is now drifting back to 58.71 below EMA20, RSI cooling into the mid-40s.

Support: 58.24

Resistance: 59.10, 59.22, 60.00

What it said to watch

  • Close above 59.22 clears the double top and opens the 60.00 psych level
  • Failure to hold 58.24 session low confirms a lower-low and exposes 57
  • US-Iran ceasefire/escalation headlines remain the dominant near-term catalyst

17:47 UTC

Intraday uptrend, momentum fading · RSI 43 · price 58.687

Pullback from session high, lower highs forming.

Silver rallied through the session to test 59.22 on ceasefire-driven USD softness, then faded to 58.69 with a chain of lower highs (59.22, 59.19, 59.09). Price now sits below EMA20 but holds above the 58.44 swing low, RSI(14) cooled into the mid-40s.

Support: 58.44, 58.24

Resistance: 59.00, 59.22

What it said to watch

  • Close below 58.44 opens the 58.24 range low
  • Reclaim of the 59.00 round number needed to challenge the 59.22 session high
  • S&P Global PMIs Fri could shift the USD read into this pair

17:47 UTC

Uptrend, momentum fading · RSI 43 · price 58.687

Rally stalling below 59.19, pulling back.

Silver's ceasefire-driven relief rally pushed to 59.19 during NY hours but was rejected under the 59.00 psych area, and price is now drifting back to 58.687 with RSI(14) cooling into the low-40s. Buyers defended 58.24 session low earlier; that pullback low is the near-term pivot below.

Support: 58.436, 58.244

Resistance: 59.00, 59.186

What it said to watch

  • M15 close below 58.244 confirms a lower low and reopens 58.44 area failure
  • Reclaim of 59.186 prior high puts the 59.70 one-week high back in view
  • S&P Global flash PMIs Fri could materially shift this read via USD tone

17:32 UTC

Uptrend, momentum slowing · RSI 51 · price 58.848

Consolidating below session high after strong rally.

NY session extended a ~4.5% relief rally off the 56.41 low toward the 59.19-59.22 session high on Iran ceasefire hopes and a softer USD, before stalling. Price is now consolidating around 58.85 below that top, RSI(14) cooled back to the mid-range as buyers held the 58.69 pullback low.

Support: 58.693, 58.244

Resistance: 59.19, 59.225, 60.00

What it said to watch

  • Reclaim of 59.19 session high reopens the 60.00 psych barrier
  • Loss of 58.69 swing low exposes 58.24 session low
  • S&P PMIs Fri could shift the USD read and stall the bounce

17:32 UTC

Uptrend stalling below 59.20 · RSI 45 · price 58.848

Consolidating under one-week high.

Silver ripped through the NY session to test one-week highs near 59.22 on ceasefire-driven USD softness, then stalled and rolled over, twice rejecting the 59.19 area. Price now consolidating 58.78–59.19 with RSI back near neutral, sitting just under EMA20.

Support: 58.78, 58.44, 58.24

Resistance: 59.19, 59.22

What it said to watch

  • M15 close above 59.20 resumes the up-move toward the $60 barrier
  • Loss of 58.44 exposes the 58.24 session low
  • S&P PMIs Fri could shift USD and reprice silver

17:17 UTC

Uptrend, momentum stalling · RSI 47 · price 58.788

Lower highs below 59.00 after 59.22 peak.

Silver ran from the 56.09 base to a session high of 59.22 on Iran ceasefire hopes and a softer USD, but has since rolled over into a series of lower highs below the 59.00 psych level. RSI(14) has cooled to the mid-40s as price drifts lower through the NY afternoon, holding just above the 58.72 swing low.

Support: 58.72

Resistance: 59.00, 59.225

What it said to watch

  • M15 close below 58.72 confirms a lower low and deepens the pullback
  • Reclaim of 59.00 psych reopens the path toward the 59.22 session high
  • Iran ceasefire headlines can shift USD/silver read quickly

17:17 UTC

Uptrend, momentum cooling · RSI 49 · price 58.788

Consolidating below one-week high after impulsive rally.

XAG ripped ~4.5% off Monday's base to test one-week highs at the 59.22 session high on Iran ceasefire hopes and a softer USD, then stalled. NY session is now consolidating; buyers stepped in near the 58.24 session low before the drift back to 58.79, with RSI neutral around 48.

Support: 58.24, 58.00

Resistance: 59.22

What it said to watch

  • Close above 59.22 session high opens the path toward the 59.70/60.00 barrier
  • Loss of 58.24 session low confirms a lower low and deeper retrace toward 58.00
  • S&P Global PMIs Fri 13:45 UTC could shift this read

17:04 UTC

Uptrend, momentum cooling · RSI 46 · price 58.789

Pullback from session high after strong NY rally.

XAG ripped from 56.09 to a session high of 59.225 during NY hours on Iran ceasefire hopes and a softer USD, then rolled over into a lower-high pullback now at 58.79. Rejection under 59.13 has price drifting back toward the 58.44 swing low; RSI(14) has cooled to the mid-40s.

Support: 58.44, 58.24

Resistance: 59.13, 59.225, 60.00

What it said to watch

  • M15 close below 58.24 confirms a lower low and breaks rising support
  • Reclaim of 59.225 reopens the path to the 60.00 psych barrier
  • S&P PMIs Fri could shift the USD read and this move

17:04 UTC

Uptrend stalling, intraday pullback · RSI 44 · price 58.789

Lower highs after test of session high, fading.

XAG rallied ~4.5% through the London-NY session to a session high near 59.19 on Iran ceasefire hopes and a softer USD, then rejected and drifted back to 58.79, slipping under the EMA20 with RSI(14) cooling to ~43. Momentum has flattened into a pullback while price still holds above the 58.44 swing low.

Support: 58.44, 58.24

Resistance: 59.19, 59.22

What it said to watch

  • Reclaim of 59.22 reopens the path toward the $60 barrier
  • Loss of 58.24 session low confirms a lower-low and unwinds the intraday advance
  • S&P Global PMIs Fri 13:45 UTC could shift the USD read and this structure

16:47 UTC

Uptrend, momentum cooling · RSI 51 · price 58.862

Impulse leg stalled, consolidating below session high.

Silver ran from the 56.09 low to a 59.22 session high on ceasefire-driven USD softening, then rejected there and is consolidating in the 58.24–59.19 band. RSI(14) has cooled to mid-range as the impulse loses steam; price is now pinned just under EMA20 while holding above the 58.24 session low.

Support: 58.24

Resistance: 59.22, 59.70, 60.00

What it said to watch

  • M15 close above 59.22 reopens the path toward 59.70 then 60.00
  • Failure to hold 58.24 confirms a lower-low and unwinds the intraday rally
  • S&P Global PMIs Fri could shift USD tone and this read

16:47 UTC

Uptrend, momentum slowing near highs · RSI 52 · price 58.862

Consolidating below the session high after an impulsive leg up.

Silver ripped from the 56.09 base to a session high of 59.22 through London into NY on US-Iran ceasefire hopes deflating the safe-haven USD. Price is now chopping between 58.44 and 59.00 with RSI(14) cooled to the low-50s; the 59.00 psych level is capping and the recent 58.24 dip low is holding.

Support: 58.435, 58.244

Resistance: 59.00, 59.225

What it said to watch

  • M15 close above 59.225 reopens the 59.70/60.00 zone
  • Loss of 58.244 session low confirms a lower-low and breaks the consolidation
  • Any Iran re-escalation / oil spike could flip the safe-haven read intraday

16:32 UTC

Uptrend, momentum cooling · RSI 56 · price 59.024

Higher highs, consolidating below session high.

Silver climbed from 56.09 to the session high at 59.19 on fading USD safe-haven bid as US-Iran ceasefire headlines circulated. Price is now consolidating around 59.02 below that high, RSI(14) cooling to the mid-50s after the run; the swing low at 58.24 held the last dip.

Support: 58.24

Resistance: 59.19, 60.00

What it said to watch

  • M15 close above 59.22 session high opens the path to the 60.00 psych level
  • Failure to hold 58.24 swing low breaks the rising intraday structure
  • Ceasefire confirmation or Iran re-escalation could shift this read sharply

16:32 UTC

Uptrend, momentum cooling near highs · RSI 56 · price 59.024

Rally off lows, consolidating below session high.

Silver ripped from the 56.09 low to a 59.225 session high on US-Iran ceasefire hopes and a softer USD, and is now consolidating just under that high near 59.02 with RSI cooling to the mid-50s. The 58.24 dip during NY hours was bought back, keeping the 58.44 swing-low structure intact.

Support: 58.44, 58.24

Resistance: 59.225, 60.00

What it said to watch

  • M15 close above 59.225 opens the path to the 60.00 psych level
  • Failure to hold 58.44 confirms a lower-low and breaks the rising structure
  • S&P Global PMIs Fri could shift this read via the USD

16:17 UTC

Uptrend, momentum cooling · RSI 55 · price 59.038

Higher highs into consolidation below session high.

Silver rode a ~4% NY-session rally off the 56.09 low toward the 59.225 session high on US-Iran ceasefire hopes and softer USD, and is now consolidating in the 58.9-59.2 band. The dip to 58.24 was bought back, keeping the rising sequence intact; RSI(14) has cooled to the mid-50s.

Support: 58.86, 58.24

Resistance: 59.225, 60.00

What it said to watch

  • M15 close above 59.225 opens the path to the 60.00 psych level
  • Failure to hold 58.24 breaks the rising intraday sequence
  • Iran ceasefire/oil headlines could shift this read intra-session

16:17 UTC

Uptrend, momentum cooling near highs · RSI 58 · price 59.038

Higher highs, consolidating below session high.

Silver rallied ~4% through the NY session on US-Iran ceasefire hopes softening the USD, printing a session high at 59.225. Price is now consolidating in the 58.86–59.19 zone with RSI(14) cooling off the highs; the session-high area is holding as resistance.

Resistance: 59.225, 60.00

What it said to watch

  • M15 close above 59.225 opens the path toward the 60.00 psych level
  • Failure to hold 58.44 negates the higher-low structure
  • S&P Global PMIs Fri could shift the USD read and this move

16:03 UTC

Uptrend, consolidating near highs · RSI 53 · price 58.948

HH/HL chain, pausing below session high.

Silver ripped through the London-NY sessions on the US-Iran ceasefire-driven USD softness, tagging a session high at 59.225 before fading. Price now consolidating around 58.95 above EMA20/50, RSI(14) cooled to mid-range after the 58.24 dip was bought back.

Support: 58.24

Resistance: 59.225, 60.00

What it said to watch

  • Close above 59.225 opens the path toward the 60.00 psych cap
  • Failure to hold 58.24 session low breaks the higher-low structure
  • Iran ceasefire headlines could reverse the USD-weakness rally quickly

16:03 UTC

Uptrend, momentum slowing · RSI 55 · price 58.948

Higher highs into session top, consolidating below 59.22.

Silver extended its short-cover rally off the 56.09 low to a session high of 59.22, then dipped to 58.24 before buyers stepped back in during NY hours. Price is now consolidating near 58.95 with RSI(14) cooling off the highs; the 59.22 top caps while the $60 psychological barrier looms above.

Support: 58.24, 57.62

Resistance: 59.22

What it said to watch

  • Close above 59.22 opens the path to the $60 psych level
  • Failure to hold 58.24 exposes the 57.62 swing
  • US-Iran ceasefire headlines could shift USD and silver sharply this session

15:47 UTC

Uptrend, momentum slowing · RSI 52 · price 58.902

HH into 59.22, now consolidating after low sweep.

Silver ran to a session high 59.22 on the short-cover rally, then dipped to sweep 58.24 during NY hours before recovering to 59.19; now hovering at 58.90 with RSI(14) neutral near 52. Price is consolidating below the session high after the Iran-ceasefire-driven USD softness fuelled the three-day bounce.

Support: 58.24

Resistance: 59.19, 60.00

What it said to watch

  • M15 close above 59.19 opens the path to the 60.00 psychological cap
  • Loss of 58.24 re-exposes the downside after the sweep
  • Iran ceasefire headlines could shift USD and this read intrabar

15:47 UTC

Uptrend, momentum cooling · RSI 52 · price 58.902

Higher highs into 59.20, consolidating off session high.

Silver extended its short-cover rally to a session high at 59.19 on USD softness around Iran ceasefire headlines before an NY-hours dip swept 58.24 and recovered. Price is back to 58.90, hugging EMA20 with RSI(14) neutral near 52 — no fresh momentum in either direction.

Support: 58.24

Resistance: 59.19, 60.00

What it said to watch

  • M15 close above 59.19 opens the path to the 60.00 psych cap
  • Failure to hold 58.24 session low confirms a lower-low and exposes deeper support
  • Iran ceasefire headlines remain the dominant driver of the USD leg

15:32 UTC

Uptrend, momentum slowing near highs · RSI 57 · price 59.088

Pullback to 58.24 then recovery, holding below session high.

Uptrend intact after silver's US-Iran ceasefire-driven rally; NY session dipped to 58.24 then recovered to 59.08, retracing most of that leg. Session high at 59.22 still caps, RSI(14) mid-range near 57.

Support: 58.244

Resistance: 59.225, 60.00

What it said to watch

  • M15 close above 59.22 opens the path to the 60.00 psych level
  • Failure to hold 58.24 confirms a lower low

15:32 UTC

Uptrend, momentum cooling into consolidation · RSI 56 · price 59.088

Higher highs paused; ranging near session highs.

XAG rode a third up-day higher through the London-NY run to a session high at 59.23, then stalled into consolidation between 58.80 and 59.23. A dip to 58.24 into the NY session was bought back, RSI(14) cooling off highs to the mid-50s; move driven by softer USD on Iran ceasefire hopes.

Support: 58.80, 58.24

Resistance: 59.23, 60.00

What it said to watch

  • Sustained close above 59.23 opens the path toward the 60.00 psych barrier
  • Loss of 58.80 range low exposes the 58.24 swing low
  • Iran ceasefire headlines remain the dominant driver for the next bars

15:17 UTC

Uptrend, consolidating near highs · RSI 58 · price 59.084

Higher highs/lows, pullback held.

NY session grinding just under the 59.225 session high after a dip to 58.24 was bought back through the London-NY transition, part of a third straight up-day on US-Iran ceasefire hopes and a softer USD. RSI(14) mid-range near 58, no extreme; price consolidating 58.82–59.12 into the session high.

Support: 58.816, 58.244

Resistance: 59.225

What it said to watch

  • Reclaim of 59.225 opens the path toward the $60 psych level flagged in the news
  • Loss of 58.244 negates the recovery and reopens 58.82 downside
  • S&P flash PMIs Fri could shift the USD read behind this move

15:17 UTC

Uptrend, momentum steady after pullback · RSI 58 · price 59.084

Higher highs and higher lows intact.

Silver held a firm uptrend through the NY session, clearing the $57 pivot and pushing to a 59.225 session high on US-Iran ceasefire hopes and a softer USD. Price dipped to 58.244 mid-session before buyers stepped back in, and it now sits at 59.084 just under the session high. RSI(14) near 58 leaves room without stretch.

Support: 58.244

Resistance: 59.225

What it said to watch

  • M15 close above 59.225 opens the path to the $60 psych barrier
  • Failure to hold 58.244 breaks the higher-low chain
  • S&P PMIs Fri could shift the USD read and this advance

15:03 UTC

Uptrend, momentum cooling near highs · RSI 57 · price 58.967

HH/HL chain, consolidating below session high.

Silver ran a full-session uptrend from 56.15 to a 59.22 session high on Iran ceasefire hopes and a softer USD, then stalled and consolidated below the highs. NY hours swept the lows to 58.244 before buyers recovered price to 58.97; RSI(14) cooling off the earlier push.

Support: 58.244

Resistance: 59.225, 60.00

What it said to watch

  • Reclaim and hold above 59.225 session high reopens the path to the 60.0 psych level
  • Loss of 58.244 session low breaks the intraday HL chain
  • FOMC next week and Fri PMIs are the binary risks to the USD-driven move

15:03 UTC

Uptrend, pullback recovered · RSI 56 · price 58.967

Recovery back toward session highs after dip.

Silver ran from the 56.09 low to 59.22 through the London-NY window on US-Iran ceasefire hopes and a softer USD, then sold off to 58.24 before recovering back near the 59.00 psych into NY hours. RSI(14) cooled to mid-range on the dip; buyers stepped in at 58.44 and price is retesting the 59.07 prior high.

Support: 58.44, 58.24

Resistance: 59.07, 59.22, 60.00

What it said to watch

  • M15 close above 59.22 opens the path to the 60.00 psych
  • Failure to hold 58.44 exposes the 58.24 session low
  • S&P PMIs Fri and FOMC next week could shift the USD and this read

14:47 UTC

Uptrend, momentum cooling · RSI 55 · price 58.966

Consolidating near 59 after dip and recovery.

Silver ran through $59 in the NY session on US-Iran ceasefire hopes and a softer USD, tagging a session high at 59.225 before a sharp flush to 58.24. Buyers reclaimed the drop and price is now pinned just under the 59 handle; RSI(14) mid-range after cooling from the highs.

Support: 58.24

Resistance: 59.225

What it said to watch

  • M15 close above 59.225 opens the path to the 60 psych level
  • Failure to hold 58.24 exposes the 58 area and breaks the recovery
  • S&P flash PMIs Fri could shift the USD and this read

14:47 UTC

Uptrend, pulled back and recovering · RSI 62 · price 58.966

HH/HL chain, pullback held above session low.

Silver ran from the 56.3 base to a 59.225 session high during NY hours on US-Iran ceasefire hopes and a softer USD, then sold off sharply to 58.24 before buyers stepped back in. Price now sits at 58.97, having recovered most of the drop; RSI(14) mid-60s, no extreme.

Support: 58.244

Resistance: 59.225, 60.00

What it said to watch

  • Loss of 58.24 confirms a lower low and breaks the rising structure
  • Reclaim and hold above 59.225 reopens the 60.00 psych level
  • S&P Global flash PMIs Fri could shift the USD read and this move

14:32 UTC

Uptrend, pullback recovered · RSI 58 · price 59.055

Higher highs, higher lows into session highs.

Silver held its NY-session uptrend, dipping to 58.244 before buyers stepped back in and drove price to 59.05, near the 59.225 session high. The 3%+ ceasefire-driven rally has recovered most of the intraday pullback; RSI(14) mid-range, leaving room before overbought.

Support: 58.244

Resistance: 59.225, 60.00

What it said to watch

  • M15 close above 59.225 opens a run at the 60.00 psych barrier
  • Failure to hold 58.244 confirms a lower-low and breaks the intraday uptrend
  • Iran ceasefire headlines could materially shift this read

14:32 UTC

Uptrend, momentum recovering after pullback · RSI 55 · price 59.055

Higher highs into 59.22, dip to 58.24 bought back.

NY session dipped to 58.24 before buyers stepped back in, driving price to 59.05 and back near the session high at 59.225 — third up day for silver on US-Iran ceasefire hopes and a softer USD. RSI(14) mid-range at 55, price holding above EMA20/50 with the intraday uptrend intact.

Support: 58.244, 57.622

Resistance: 59.225, 60.00

What it said to watch

  • M15 close above 59.225 opens the path to the 60.00 psych barrier
  • Failure to hold 58.24 exposes the 57.62 pivot
  • S&P PMIs Fri could firm USD and stall the advance near 59-60

14:17 UTC

Uptrend, momentum cooling after pullback · RSI 51 · price 58.782

Pullback within intraday uptrend, capped under 59.20.

Silver ran the full window higher from 56.10 to a 59.22 session high on oil-driven inflation relief, then flushed to a 58.24 double-bottom low before buyers stepped in and reclaimed 58.80. Price sits mid-range under the 59.20 session high, RSI cooling back to neutral around 51.

Support: 58.24

Resistance: 59.22

What it said to watch

  • Close above 59.22 session high opens the path toward the $60 psych cap
  • Failure to hold 58.24 session low confirms a lower low
  • S&P Global PMIs Fri could shift USD and this read

14:03 UTC

Intraday uptrend, pulling back · RSI 39 · price 58.464

Pullback off session high after range breakdown.

XAG rallied through the NY session to a 59.22 high on the relief bounce as the oil-driven inflation impulse faded, then rolled over and broke below the 58.7–59.2 consolidation, printing a 58.24 session low. Price is now hovering just under the 58.50 descending-trendline hurdle with RSI(14) cooled to the low-40s.

Support: 58.24, 57.62

Resistance: 58.50, 59.00, 59.22

What it said to watch

  • Reclaim of 58.50 trendline would re-open the 59.00 psych level and 59.22 session high
  • Loss of 58.24 session low confirms deeper pullback toward 57.62 swing low
  • S&P Global PMIs Fri could firm USD and pressure the metal

14:03 UTC

Uptrend stalling, sharp pullback · RSI 42 · price 58.464

Twin highs, break of intervening low.

NY session extended the multi-hour rally to a 59.22 session high before a sharp rejection in the last hour dropped price to 58.24, RSI(14) cooling toward 42. Twin highs near 59.2 followed by a break of the intervening low frame a double top; the 58.90 prior high now caps, consistent with the relief bounce capping under the descending trendline noted in the wider silver picture.

Support: 58.24, 58.00

Resistance: 58.90, 59.22

What it said to watch

  • M15 close back above 58.90 prior high negates the double top read
  • Loss of the 58.24 session low opens the 58.00 round number
  • S&P Global PMIs Fri could reprice USD and shift this read

13:47 UTC

Uptrend, pulling back sharply · RSI 42 · price 58.266

HH/HL chain broken by NY sell-off from session high.

The London-led rally topped twice near 59.13-59.22 (range high) before NY hours brought a sharp rejection back to the 58.24 session low. This is the third up-day relief bounce fading as the oil-driven inflation impulse cools on US-Iran truce talk; RSI(14) has rolled over into the low-40s.

Support: 58.24, 57.62

Resistance: 58.86, 59.13, 59.225

What it said to watch

  • M15 close below 58.24 confirms a lower-low and opens 57.62 breakout level
  • Reclaim of 58.86 swing high needed to re-challenge the 59.13 session high
  • S&P PMIs Fri could firm USD and pressure the metal

13:47 UTC

Uptrend stalling, sharp pullback off highs · RSI 43 · price 58.266

Rally to 59.22 session high, rejected, breaking down.

NY session pushed silver to a 59.22 session high before a sharp rejection dumped price back to 58.27, breaking the 58.90 consolidation floor. The 3-day relief bounce stalled just under the $58.50-60 descending trendline cap flagged in the macro read; RSI(14) has cooled to the low 40s as the pullback accelerates.

Support: 58.24, 57.62

Resistance: 58.90, 59.22, 58.50

What it said to watch

  • Reclaim above 58.90 would restore the intraday uptrend
  • Loss of 58.24 session low opens 57.62
  • S&P Global PMIs Fri could shift USD tone and pressure the metal

13:32 UTC

Uptrend, momentum fading on pullback · RSI 42 · price 58.423

HH/HL chain into 59.22, now retracing.

Silver rallied from the 56.09 base to a session high at 59.22 during NY hours on the oil-driven inflation-relief bid, then saw a sharp last-hour pullback to 58.42 with RSI cooling to the low 40s. Price has slipped back under EMA20 into the 58.40 area, holding above the rising intraday support and the 58.00 psych level.

Support: 58.40, 58.00, 57.25

Resistance: 59.00, 59.22

What it said to watch

  • M15 close back above 59.00 reopens the 59.22 session high
  • Loss of 58.00 psych exposes the 57.25 trendline
  • Failure to hold 58.40 confirms a lower-low on this TF

13:32 UTC

Uptrend, pulling back · RSI 43 · price 58.423

Rally into consolidation, sharp pullback off highs.

Silver ripped ~3% off the 56.09 session low to 59.22 on oil-driven de-escalation relief, then stalled in a 58.7–59.1 consolidation. The last two bars sold off sharply to 58.42, breaking the consolidation floor with RSI(14) cooling into the low 40s.

Support: 58.40, 58.06

Resistance: 58.90, 59.22

What it said to watch

  • Reclaim of 58.90 supply needed to resume the rally toward 59.22
  • Loss of 58.40 session low opens 58.06 swing low
  • S&P Global PMIs Fri could materially shift the read

13:17 UTC

Uptrend, momentum stalling · RSI 49 · price 58.84

Consolidating below session high after impulse leg.

Silver ran from 56.09 to 59.225 through the NY session as WTI stalled on US-Iran de-escalation talk, then rejected the session high and is now chopping around 58.85. RSI(14) has cooled back to neutral as the impulse flattens below 59.10.

Support: 58.664

Resistance: 59.10, 59.225

What it said to watch

  • Reclaim of 59.10 reopens the 59.225 session high
  • Loss of 58.664 swing low confirms a lower-low and deeper pullback
  • S&P Global PMIs Fri could shift the USD/rate driver behind this move

13:17 UTC

Uptrend, momentum slowing · RSI 58 · price 58.84

Consolidating below session high after strong rally.

Silver ran hard through the London-NY session, reclaiming $59 on oil stalling amid US-Iran de-escalation hopes, then stalled below the session high at 59.22. Price is now chopping around 58.84 with RSI(14) cooled back to the mid-50s; the impulse has flattened into consolidation just under the highs.

Support: 58.66, 58.30

Resistance: 59.22

What it said to watch

  • M15 close above 59.22 opens the path toward the $60 area
  • Loss of 58.66 swing low signals a deeper pullback toward 58.30
  • S&P Global PMIs Fri could shift the USD/rate read behind this move

13:04 UTC

Uptrend, momentum slowing · RSI 57 · price 58.967

Consolidating below session high after strong rally.

NY session extended the oversold-relief squeeze off the $56.09 low, reclaiming $59 as WTI stalled on US-Iran de-escalation talk. RSI(14) has cooled from overbought into the high-50s as price chops between 58.66 and the 59.225 session high, holding above EMA20/EMA50.

Support: 58.66, 58.06

Resistance: 59.225

What it said to watch

  • M15 close above 59.225 opens the path toward the $60 psych area
  • Loss of 58.66 breaks the intraday higher-low chain and exposes 58.06
  • S&P Global PMIs Fri could re-price Fed hike odds and shift this read

13:04 UTC

Uptrend, momentum cooling · RSI 57 · price 58.967

Consolidating below session high after strong NY rally.

Silver squeezed ~3% through the NY session off the 56.09 low toward 59.22 as WTI stalled on US-Iran de-escalation hopes. Price is now consolidating in the 58.66-59.22 band just under the session high, RSI(14) cooling from stretched levels but structure still constructive.

Support: 58.664

Resistance: 59.225, 60.00

What it said to watch

  • M15 close above 59.22 opens the path toward the 60.00 psych level
  • Loss of 58.66 swing low breaks the rising intraday support
  • S&P Global PMIs Fri could shift the USD/oil-driven read

12:47 UTC

Uptrend, momentum cooling · RSI 56 · price 58.968

HH/HL chain, pausing below session high.

Silver extended its oversold-relief squeeze through the London-NY window, tagging a session high at 59.225 as oil stalled on US-Iran de-escalation hopes, then easing back into the 58.66-59.13 zone. RSI(14) has cooled to the mid-50s off the highs; price still holds above the rising trendline and both EMAs.

Support: 58.66, 58.44

Resistance: 59.225, 59.13, 60.00

What it said to watch

  • M15 close above 59.225 opens the path toward the 60.00 psych level
  • Failure to hold 58.66 swing low exposes the 58.44 breakout shelf
  • S&P Global PMIs Fri could shift the USD/rate read behind this move

12:47 UTC

Uptrend, momentum slowing · RSI 56 · price 58.968

Higher highs stalling near 59.20 session high.

Silver ran three legs higher through the London-NY session, reclaiming $57 and extending to a 59.22 session high on the oil-driven de-escalation relief bid. Momentum has cooled since — price rejected 59.22 and is chopping around 58.90-59.10 with RSI(14) easing to the mid-50s. Rising-low structure intact, but the $60 psych level remains the near-term cap.

Support: 58.66

Resistance: 59.22, 60.00

What it said to watch

  • Loss of 58.66 swing low breaks the rising-low chain
  • M15 close above 59.22 opens the path toward the 60.00 psych level
  • S&P Global PMIs Fri could shift the USD/oil driver behind this move

12:32 UTC

Uptrend, momentum slowing near highs · RSI 56 · price 59.031

HH/HL chain, consolidating below session high.

Silver ran +3% off the 56.09 low to a 59.225 session high on US-Iran ceasefire hopes easing the inflation/rate-hike premium. Price is now consolidating in the 58.66–59.22 band with RSI(14) cooling back to the mid-50s after the impulse.

Support: 58.664, 58.44

Resistance: 59.225, 60.00

What it said to watch

  • Close below 58.664 breaks the HL chain and opens 58.44
  • Break and hold above 59.225 exposes the 60.00 psych level
  • S&P Global PMIs Thu 13:45 GMT and oil/WTI direction could shift this read

12:32 UTC

Uptrend, momentum cooling · RSI 58 · price 59.031

Higher highs and higher lows, consolidating below session high.

Silver ran roughly 3% off the 56.09 low through the NY session, tagging 59.225 before easing back, as the reported US-Iran cessation proposal unwound the oil-driven inflation premium. Price is now consolidating between 58.66 and the session high, RSI(14) mid-range after the impulse.

Support: 58.664

Resistance: 59.225, 60.00

What it said to watch

  • Close above 59.225 opens the path toward the 60.00 psych level
  • Loss of 58.664 confirms a lower-low and breaks the intraday rising structure
  • S&P Global PMIs Thu could firm USD and cap the rebound

12:17 UTC

Uptrend, pulling back from highs · RSI 51 · price 58.873

HH/HL chain intact, pullback off session high.

Silver ran +3% off the 56.09 base into a 59.22 session high on US-Iran ceasefire hopes capping oil, then rejected and pulled back to 58.87, dipping just under EMA20. RSI(14) has cooled to mid-range after the London-session surge; the HH/HL chain still holds above the 58.66 swing low.

Support: 58.66

Resistance: 59.22

What it said to watch

  • Close below 58.66 confirms a lower-low and deeper pullback
  • Reclaim of 59.22 resumes the uptrend
  • Oil/US-Iran ceasefire headlines are the primary driver here and could shift this read intrabar

12:03 UTC

Uptrend, pausing near highs · RSI 52 · price 58.92

HH/HL chain intact, consolidating below session high.

Silver rallied ~3% through the session on US-Iran ceasefire hopes easing rate-hike fears, tagging a session high at 59.22 before drifting back to 58.92. Now consolidating below the high with RSI cooling toward mid-range; the 58.66 swing low held on the pullback.

Support: 58.66

Resistance: 59.22, 60.00

What it said to watch

  • M15 close below 58.66 breaks the rising higher-low sequence
  • Break and hold above 59.22 opens the path to the 60.00 psych level
  • S&P Global PMIs Thu and oil/US-Iran headlines could reshape this read

12:03 UTC

Uptrend, momentum slowing · RSI 54 · price 58.92

Higher highs, pulling back from session high.

Silver ran ~3% through the London-NY window as US-Iran ceasefire hopes eased inflation/rate-hike fears, tagging a session high at 59.22 before rolling into a pullback to 58.66. Price is now consolidating just under the 59.00 psych level with RSI cooling off, holding above the 58.06 breakout base.

Support: 58.66, 58.42, 58.06

Resistance: 59.00, 59.22, 60.00

What it said to watch

  • Close above 59.22 session high opens the path toward the 60.00 round number
  • Failure to hold 58.66 swing low exposes 58.42 and the 58.06 breakout base
  • S&P Global PMIs Thu could firm USD and cap the rebound

11:47 UTC

Uptrend, momentum cooling · RSI 52 · price 58.759

Pullback from session high after strong rally.

Silver ripped over 3% through the London-NY window on US-Iran ceasefire hopes capping oil, peaking at 59.225 before easing to 58.759. Momentum has cooled with price slipping under EMA20 as the advance stalled below 59.10; still holding well above EMA50.

Support: 58.664

Resistance: 59.10, 59.225

What it said to watch

  • M15 close below 58.664 confirms a lower low and deepens the pullback
  • Reclaim of 59.10 reopens the 59.225 session high
  • S&P Global PMIs Thu and FOMC next week could reshape this read

11:47 UTC

Uptrend, momentum stalling · RSI 44 · price 58.759

Lower highs into $59 after impulsive leg up.

Silver ran ~3% into 59.225 on US-Iran ceasefire hopes easing the oil-inflation premium, then stalled and rolled into a pullback below $59. Price is carving lower highs and has slipped under the EMA20, RSI(14) cooling to the mid-40s; the 58.66 swing low is the near-term pivot.

Support: 58.66, 58.42, 58.06

Resistance: 59.225, 59.00

What it said to watch

  • Loss of 58.66 opens 58.42 and the 58.06 breakout base
  • Reclaim of 59.0 psych puts the 59.225 session high back in play
  • S&P Global PMIs Thu could reprice USD and cap this rebound

11:32 UTC

Uptrend, momentum cooling · RSI 56 · price 58.857

HH/HL chain, consolidating below session high.

Silver ran hard through London to a session high at 59.225 as US-Iran ceasefire hopes capped oil and eased rate-hike fears; price is now consolidating near 58.85 with RSI cooling off from the highs. The pullback held the 58.664 swing low, keeping the higher-low sequence intact.

Support: 58.664, 58.44

Resistance: 59.225, 59.134

What it said to watch

  • M15 close below 58.664 breaks the rising higher-low sequence, exposing 58.44
  • US-Iran ceasefire vs escalation headlines remain the primary driver via the oil channel
  • Reclaim of 59.134 puts the 59.225 session high back in play

11:32 UTC

Uptrend, momentum cooling near highs · RSI 55 · price 58.857

Higher highs/higher lows, consolidating below session high.

Silver ripped ~3% off the 56.09 base to a 59.22 session high on US-Iran ceasefire relief that eased inflation/rate-hike fears, then stalled and is consolidating in the 58.66-59.13 zone with RSI(14) cooling back to the mid-50s. Price is now sitting just under EMA20 after the rejection at 59.22; the rising structure off the earlier lows still holds.

Support: 58.664

Resistance: 59.225, 59.13

What it said to watch

  • M15 close below 58.66 swing low breaks the rising sequence of higher lows
  • Break above 59.22 session high reopens the path toward the $60 psych level
  • Oil/US-Iran ceasefire headlines could materially shift this read

11:17 UTC

Uptrend, momentum cooling · RSI 57 · price 58.887

Higher highs into session high, now consolidating.

Silver ripped through NY hours from 56.09 to a session high 59.225 on US-Iran ceasefire hopes easing inflation/rate-hike fears, RSI cooling from overbought. Now consolidating 58.85–59.13 just below the high; pullback shallow and holding above the rising intraday trend.

Support: 58.85, 58.664

Resistance: 59.225

What it said to watch

  • Close above 59.225 opens the path toward the $60 psych barrier
  • Loss of 58.66 breaks the intraday higher-low chain
  • S&P Global PMIs Thu could reset USD tone and cap the rebound

11:17 UTC

Uptrend, momentum cooling near highs · RSI 52 · price 58.887

Higher highs/lows, consolidating below 59.22.

Silver ran a steep intraday leg from 56.17 to 59.22 on US-Iran ceasefire hopes capping oil and easing rate-hike fears, then stalled and pulled back to 58.66 before recovering to 58.89. Price is consolidating just under the session high with RSI back to neutral; buyers stepped in at 58.66 on the last dip.

Support: 58.664, 58.062

Resistance: 59.225, 60.00

What it said to watch

  • M15 close above 59.225 reopens the path toward the 60.00 psych level
  • Loss of 58.664 session low signals a lower-low and deeper retrace toward 58.06
  • Oil/US-Iran headlines could shift this read intraday

11:03 UTC

Intraday uptrend, momentum cooling · RSI 52 · price 58.842

HH/HL chain, consolidating below session high.

Silver ripped ~4% intraday to a 59.225 session high on US-Iran ceasefire hopes easing the inflation/rate story, then stalled and pulled back to 58.842. Price now consolidating below 59.0, RSI(14) cooling toward neutral after the extended run; the rising HL chain off 58.78 is still intact.

Support: 58.78

Resistance: 59.00, 59.225

What it said to watch

  • Loss of 58.78 breaks the intraday higher-low chain
  • Close back above 59.0 reopens the 59.225 session high
  • Oil / US-Iran ceasefire headlines are the primary driver and can shift this read fast

11:03 UTC

Uptrend, momentum cooling · RSI 57 · price 58.842

Consolidating just below session high after strong rally.

Silver rallied roughly 5% off the 56.09 lows to 59.22 as US-Iran ceasefire hopes capped oil and eased rate-hike fears, and is now consolidating just under the session high near 58.84. RSI(14) has cooled from the highs toward 57 as the last few bars stall between 58.78 and 59.22.

Support: 58.78, 58.44

Resistance: 59.22, 59.18, 60.00

What it said to watch

  • Close above 59.22 opens the path to the 60.00 psych level
  • Loss of 58.78 exposes the 58.44 breakout base
  • Oil / US-Iran ceasefire headlines can shift this read quickly

10:47 UTC

Uptrend, momentum cooling · RSI 62 · price 59.059

HH/HL chain, consolidating near session high.

Silver ran ~3% off the 56.09 low into 59.22 as the oil rally stalled on US-Iran ceasefire hopes, easing the inflation/rate-hike premium. Price is now consolidating between 58.88 and the 59.22 session high, RSI cooling from the highs; buyers held 58.88 into the pullback.

Support: 58.88, 58.44

Resistance: 59.225, 60.00

What it said to watch

  • Close above 59.225 opens the path to the 60.00 psych barrier
  • Loss of 58.88 breaks the consolidation and threatens 58.44
  • S&P Global PMIs later this week could reprice USD and cap the rebound

10:47 UTC

Uptrend, momentum cooling · RSI 62 · price 59.059

HH/HL chain, now consolidating near highs.

Silver ran ~3% off the 56.09 low through the London session on US-Iran ceasefire hopes easing the inflation/rate-hike premium, tagging 59.225 before stalling. Now consolidating in a tight 58.88-59.22 band with RSI(14) cooling from the highs; 60.00 psych remains the overhead marker.

Support: 58.88, 58.44

Resistance: 59.225, 60.00

What it said to watch

  • Hold above 58.88 range floor keeps the HH/HL chain intact
  • Close below 58.44 swing low breaks the intraday uptrend structure
  • Break of 59.225 session high opens the path toward 60.00 psych
  • ADP 4-week avg ~12:15 GMT and oil/WTI direction could shift this read

10:32 UTC

Uptrend, momentum cooling near highs · RSI 62 · price 59.053

Higher highs/lows, consolidating below session high.

Silver ran from the 56.09 mid-window low to a 59.225 session high on the ceasefire-driven relief rebound, and is now consolidating in a tight 58.88–59.22 band with RSI cooling off from the highs. Structure remains a clean HH/HL chain; buyers stepped in twice above 58.88 through the London-NY transition.

Support: 58.88

Resistance: 59.225, 60.00

What it said to watch

  • M15 close below 58.88 breaks the consolidation floor and threatens a lower low
  • A push through 59.225 opens the path to the 60.00 psych level
  • S&P Global PMIs Thu could re-arm USD and cap the rebound

10:32 UTC

Uptrend, momentum slowing near highs · RSI 62 · price 59.053

Higher highs/lows, consolidating below session high.

Silver ripped ~3% off the 56.09 low into 59.22 on US-Iran ceasefire hopes capping oil and easing rate-hike fears. Price is now consolidating in the upper 58.9s just under the session high, RSI cooling from overbought as the leg stalls below the 60 psych barrier.

Support: 58.881

Resistance: 59.225, 60.00

What it said to watch

  • Break above 59.225 opens the path toward the 60.00 psych level
  • M15 close below 58.881 breaks the intraday higher-low chain
  • US ADP 4-week avg ~12:15 GMT and oil/US-Iran headlines could shift this read

10:17 UTC

Uptrend, momentum cooling near highs · RSI 65 · price 59.068

Higher highs / higher lows, consolidating under session high.

NY hours extended the relief rally driven by US-Iran ceasefire hopes, lifting XAG from 56.10 to a session high of 59.225. Price is now consolidating in the 58.95–59.13 zone with RSI cooling off; $60 psych sits just above.

Support: 58.78

Resistance: 59.225, 60.00

What it said to watch

  • M15 close above 59.225 opens the path toward the 60.0 psych level
  • Failure to hold the 58.78 swing low breaks the intraday higher-low chain
  • S&P Global PMIs Thu and next week's FOMC could reprice the USD and shift this read

10:17 UTC

Uptrend, momentum cooling near highs · RSI 64 · price 59.068

HH/HL chain, consolidating below session high.

Silver ran +3% off the 56.09 base into the London-NY window on US-Iran ceasefire hopes and a stalled oil rally, tagging a session high at 59.225. Price now consolidating between 58.94 and 59.22 with RSI(14) easing back from the recent push; prior breakout shelf at 58.55 held on the way up.

Support: 58.94, 58.55

Resistance: 59.225, 60.00

What it said to watch

  • M15 close back under 58.94 breaks the HH/HL chain and opens 58.55
  • Sustained break above 59.225 exposes the 60.00 psych level
  • Oil/US-Iran headlines can re-shift this read intraday

10:03 UTC

Uptrend, momentum cooling · RSI 64 · price 59.072

HH/HL chain, consolidating near session high.

NY session extended a sharp rally to 59.225 — silver rebounding ~3% on US-Iran ceasefire hopes that capped oil and eased rate-hike fears. Price now consolidating around 59.05 just under the session high, RSI(14) cooling from the mid-60s with the rising channel base at 58.06.

Support: 58.94, 58.06

Resistance: 59.225, 60.00

What it said to watch

  • Close above 59.225 opens the path toward the 60.00 psych level
  • Loss of 58.94 swing low breaks the HH/HL chain
  • S&P Global PMIs Thu 13:45 GMT could firm USD and cap the rebound

10:03 UTC

Uptrend, momentum cooling · RSI 62 · price 59.072

Higher highs / higher lows, consolidating near highs.

XAG ran a +3% NY-session relief rally to 59.225 on US-Iran ceasefire hopes easing inflation/Fed-hike fears, and is now consolidating just below that session high. RSI(14) cooling from the push while price holds the 58.95 higher-low; the ascending sequence remains intact.

Support: 58.95

Resistance: 59.225, 60.00

What it said to watch

  • M15 close above 59.225 opens the path to the 60.00 psych level
  • Failure to hold 58.95 breaks the higher-low chain
  • S&P Global PMIs and USD strength this week could cap the rebound

09:47 UTC

Uptrend, momentum slowing near highs · RSI 63 · price 59.105

Chain of higher highs and higher lows, stalling below session high.

Silver ran a clean intraday uptrend off the 56.09 low to a 59.225 session high, tracking the reported US-Iran ceasefire relief rally. Price is now coiling just under that high with RSI cooling from stretched levels; the 58.44 breakout shelf and 58.93 swing low mark the base of the advance.

Support: 58.93, 58.44

Resistance: 59.225, 60.00

What it said to watch

  • M15 close above 59.225 opens the path to the 60.00 psych level
  • Failure to hold 58.93 breaks the ascending support and threatens the 58.44 breakout shelf
  • US-Iran / oil headlines remain the primary driver and can shift this read intraday

09:47 UTC

Uptrend, momentum cooling near highs · RSI 64 · price 59.105

Higher highs, higher lows; stalling below session high.

Silver ran +3% through the NY session on US-Iran ceasefire hopes, printing a clean HH/HL chain from the 56.09 base to a session high of 59.225. Price is now consolidating in the high-59.0s just below that high, with RSI(14) cooling off the highs. Buyers stepped in around 58.93 on the last pullback; range top still the immediate hurdle.

Support: 58.93

Resistance: 59.225, 60.00

What it said to watch

  • M15 close above 59.225 opens the path toward the 60.00 psych level
  • Failure to hold 58.930 breaks the higher-low chain
  • S&P Global PMIs later this week could firm USD and cap the metal

09:32 UTC

Uptrend, extended near session high · RSI 64 · price 59.109

HH/HL chain, consolidating below 59.225.

Silver ran a clean HH/HL uptrend from the 56.09 low through London, now stalling just under the 59.225 session high — a relief bounce on US-Iran ceasefire hopes and stalling WTI. RSI(14) mid-60s, hot but not extreme; price coiling between 58.95 and 59.225.

Support: 58.95

Resistance: 59.225

What it said to watch

  • M15 close above 59.225 opens the path toward the 59.50/60.00 zone
  • Failure to hold 58.95 breaks the intraday HL chain
  • WTI direction / US-Iran headlines could flip the relief-rally read

09:32 UTC

Uptrend, near session highs · RSI 66 · price 59.109

Higher highs, consolidating at top.

Silver ran a clean intraday uptrend off 56.09, clearing the 58.50 prior-channel top on ceasefire-hope/oil-pause flow and printing a session high at 59.225. Price is now consolidating just under that high through the NY session, RSI(14) elevated but not extreme.

Support: 58.50

Resistance: 59.225, 60.00

What it said to watch

  • M15 close above 59.225 opens the path to 60.00 psych
  • Failure to hold 58.50 prior res negates the breakout read
  • S&P Global PMIs Jul 24 could shift the USD-driven read

09:17 UTC

Uptrend, momentum strong · RSI 71 · price 59.134

Chain of higher highs and higher lows.

Silver ran from the Asian low near 56.10 through the London-NY session to a session high of 59.18, third straight up day on the WTI-rally pause and Iran ceasefire hopes. Price cleared the 58.50 breakout level and is now consolidating just under the high with RSI(14) hot near 71.

Support: 58.50

Resistance: 59.184, 60.00

What it said to watch

  • Close above 59.18 opens the path to the 60.00 psych barrier
  • Failure to hold 58.50 breakout level signals a deeper pullback
  • US ADP 4-wk avg 12:15 UTC could add USD-driven volatility

09:17 UTC

Uptrend, momentum firm · RSI 70 · price 59.134

Chain of higher highs and higher lows.

Silver extended a clean intraday uptrend through London hours, clearing the 58.50 breakout level and pressing the 59.18 session high on the US-Iran ceasefire relief bid. RSI(14) near 70 is hot but consistent with the trend; the last pullback held at 58.88, keeping the higher-low chain intact.

Support: 58.88, 58.50

Resistance: 59.18, 60.00

What it said to watch

  • Close above 59.18 session high opens the path to the 60.00 psych barrier
  • Failure to hold 58.88 swing low breaks the higher-low chain
  • US S&P Global PMIs (Jul 24) could reprice USD and cap this relief move

09:04 UTC

Uptrend, momentum slowing · RSI 66 · price 58.98

Chain of HH/HL, stalling under 59.18.

Silver ran its third-day bounce hard through the London-NY window, clearing the ~58.50 cap cited overhead and printing a session high at 59.175 before easing to 58.98. RSI(14) cooling from the extension as price consolidates just under the 59.18 high; the prior 58.50 resistance is the first structural pivot below.

Support: 58.50, 58.00

Resistance: 59.175, 60.00

What it said to watch

  • Loss of 58.50 breaks the intraday HL chain and opens 58.00
  • M15 close above 59.175 extends the leg toward the 60.00 psych cap
  • US ADP 4-week avg (12:15 UTC) could shift near-term USD tone

09:04 UTC

Uptrend, momentum slowing near highs · RSI 61 · price 58.98

Chain of higher highs/higher lows, consolidating under session high.

Silver ran a steep third-day rally through the London-NY session, reclaiming $57 and breaking clean above $58.50 to print a 59.17 session high. Price is now stalling just under that high, RSI(14) cooling from a hotter read while holding higher-low structure above 58.78.

Support: 58.78, 58.44

Resistance: 59.17, 60.00

What it said to watch

  • M15 close below 58.44 breaks the intraday higher-low chain
  • Break above 59.17 session high opens the 60.00 psych level
  • US ADP 4-week avg (12:15 UTC) could inject volatility into this bounce

08:47 UTC

Uptrend, momentum cooling near session high · RSI 64 · price 58.982

Chain of higher highs/higher lows off the 56.09 low.

London session drove silver clean through the ~57.25 trend-line and the 58.50 breakout level, extending the third-day bounce to a session high of 59.175 before stalling just under the $59 handle. RSI(14) near 63 is easing off the rally peak but not extended; the higher-low structure remains intact above 58.50.

Support: 58.50, 57.82

Resistance: 59.175, 60.00

What it said to watch

  • M15 close below 58.50 negates the breakout continuation and reopens the 57.82 swing low
  • 60.00 psych area — zone to watch for rejection or break
  • US ADP 4-week average at 12:15 UTC could inject volatility this session

08:47 UTC

Uptrend, momentum stalling · RSI 64 · price 58.982

Higher highs, higher lows; pullback under session high.

Silver ran a strong London-session leg from the 56.09 base to a 59.175 session high, clearing the 58.50 channel-top the digest flags. Price is now consolidating just under 59.00 with RSI(14) cooling from the highs; the intraday HL chain remains intact above 58.88.

Support: 58.88, 58.55

Resistance: 59.00, 59.175

What it said to watch

  • M15 close above 59.175 extends the leg toward 59.50
  • Failure to hold 58.55 breaks the intraday higher-low chain
  • S&P Global PMIs Fri 13:45 UTC could reshape the USD/silver read

08:32 UTC

Uptrend, momentum slowing · RSI 66 · price 58.94

Chain of higher highs / higher lows, stalling below session high.

Silver ran a third-session bounce into London hours, clearing the $57.25 descending trend-line and $58.50 channel top that had capped the move, now stalling just under the 59.175 session high. RSI(14) cooling from hot levels as the last two bars fade off the high; buyers defended 58.78 on the pullback.

Support: 58.78

Resistance: 59.175, 60.00

What it said to watch

  • M15 close above 59.175 opens the path to the 60.00 psych cap
  • Failure to hold 58.78 sets up a lower-low and stalls the bounce
  • S&P Global PMIs Fri could materially shift this read

08:32 UTC

Uptrend, momentum slowing · RSI 67 · price 58.94

HH/HL chain, pullback from session high.

Silver ran a clean intraday breakout through the London session, extending the third-day bounce off $57 to a 59.175 high before stalling. Last three bars pulled back to 58.94 with RSI(14) cooling from overbought; the 58.78 swing low is the first structural support holding the higher-low chain.

Support: 58.78

Resistance: 59.175, 59.50

What it said to watch

  • M15 close below 58.78 breaks the higher-low chain and signals stall
  • Break above 59.175 opens the 59.50 round number
  • S&P Global PMIs Fri could reset the broader XAG read

08:17 UTC

Uptrend, extended · RSI 74 · price 59.042

Chain of higher highs and higher lows.

London session drove a clean impulsive extension off the 56.09 base, silver tearing through the 57.25 and 58.50 caps cited overhead and printing a session high at 59.175. RSI(14) is hot near 74 but the higher-high/higher-low chain stays intact; current bar consolidating just under the session high.

Support: 58.50

Resistance: 59.175

What it said to watch

  • Loss of 58.50 breakout level breaks the rising structure
  • Sustained rejection at 59.175 session high stalls the extension
  • ADP 4-week average (12:15 UTC) a lesser catalyst into the session

08:17 UTC

Strong uptrend, momentum extended · RSI 71 · price 59.042

Chain of higher highs and higher lows.

Silver ran an impulsive NY-session leg from 56.09 to a 59.175 session high, blowing through the $57.25 and $58.50 caps flagged in the broader read as the third-day bounce accelerated. Price is stalling just under the session high with RSI(14) hot near 70 — extended but consistent with the trend; the $60 psych level sits directly above.

Support: 58.50

Resistance: 59.175

What it said to watch

  • Close below 58.50 prior break would end the higher-low sequence
  • $60 psych level above — area to watch for rejection or break
  • S&P Global PMIs Fri could shift the wider rate narrative driving this move

08:03 UTC

Uptrend, momentum extended · RSI 77 · price 59.12

Chain of higher highs and higher lows, breakout in play.

NY session drove a strong third-day rally, silver breaking through 58.50 and printing a session high at 59.18 with RSI(14) hot near 77. Price is well beyond the digest's ~57.25 trend-line cap, holding higher lows through the London-NY push; no pullback yet.

Support: 58.50

Resistance: 59.18

What it said to watch

  • Loss of 58.50 breakout level would end the higher-low chain
  • Stalling under 59.18 with RSI hot flags exhaustion risk
  • S&P Global PMIs Fri could reprice the USD/rate narrative driving silver

08:03 UTC

Strong uptrend, extended · RSI 74 · price 59.12

Chain of higher highs, breakout intact.

Silver ripped through the London session, clearing the $58.50 cap and the ~$57.25 descending trend-line the digest flagged, pushing to a session high of 59.175. RSI(14) near 74 is hot but consistent with the impulse; price is stretched above EMA20/50 with no pullback yet.

Support: 58.50, 58.00, 57.25

Resistance: 59.175, 60.00

What it said to watch

  • A break above 60.00 psych extends the leg; failure there risks a pullback toward the 58.50 prior cap
  • Loss of 58.00 round number would break the higher-high chain
  • S&P Global PMIs Fri could sharply shift this read

07:47 UTC

Strong uptrend, stretched · RSI 79 · price 59.019

Clean higher highs and higher lows, breakout in force.

Silver ripped through the London session, clearing the 58.50 breakout level to print a session high of 59.07 with RSI(14) stretched near 79. The advance is one-directional with no meaningful pullback yet; per the broader read it looks like corrective short-covering into resistance, but intraday momentum has not cracked.

Support: 58.50

Resistance: 59.07, 60.00

What it said to watch

  • Loss of the 58.50 breakout level would flag momentum fading
  • 60.00 psychological barrier is the next cap above the session high
  • S&P Global PMIs Fri feed the USD read and could shift this bounce

07:47 UTC

Strong uptrend, momentum extended · RSI 79 · price 59.019

Clean higher-high / higher-low chain since London.

NY session drove a steep grind from 56.09 to a 59.07 session high, clearing the 58.50 breakout with an unbroken higher-low chain; RSI(14) near 79, short-term hot. Digest frames the two-day rebound as short-covering into resistance, and price is now stalling just under 59.07 with 60.00 the next psychological cap.

Support: 58.50

Resistance: 59.07, 60.00

What it said to watch

  • Loss of 58.50 breaks the intraday higher-low chain
  • Close above 59.07 opens the path to the 60.00 psych level
  • Fri S&P Global PMIs could materially shift this read via USD

07:32 UTC

Uptrend, extended · RSI 80 · price 58.878

Higher highs and higher lows, session breakout.

Silver ran hard through the NY session, up ~1.5% off the 56.09 low and stalling just under the 59.00 psych level with RSI(14) hot near 80. The move is a corrective short-covering bounce per the wider read; buyers defended each pullback along a rising intraday base.

Support: 58.54

Resistance: 59.00

What it said to watch

  • Loss of 58.54 breaks the higher-low chain
  • Sustained trade above 59.00 psych extends the run
  • RSI near 80 signals stretched conditions into resistance
  • S&P Global PMIs Fri could shift the USD read

07:32 UTC

Uptrend, momentum extended · RSI 74 · price 58.878

Clean HH/HL chain, at session high.

London-session rally lifted silver from the 56.09 low to a session high of 58.94, RSI(14) hot near 73. Move is corrective short-covering per the macro read, but the M15 HH/HL chain is intact and price is holding just under the session high.

Support: 58.44

Resistance: 58.938, 59.00

What it said to watch

  • Loss of the 58.44 breakout level would signal the intraday momentum fading
  • Fri S&P Global PMIs are the key USD risk that could cap the bounce near 59.00

07:17 UTC

Strong uptrend, momentum extended · RSI 78 · price 58.837

Chain of higher highs and higher lows.

Silver ran ~2.8 handles off the 56.09 London-morning low into a fresh session high at 58.938, RSI(14) hot near 78. The digest frames this as short-covering into resistance; on M15 the higher-high/higher-low chain is clean and the 58.06 breakout base has held on each pullback.

Support: 58.536, 58.062

Resistance: 58.938, 59.00

What it said to watch

  • Loss of 58.536 breaks the intraday higher-low chain
  • Close above 59.00 psych extends the run
  • RSI cooling from overbought without new highs signals momentum fade

07:17 UTC

Uptrend, momentum extended · RSI 74 · price 58.837

Clean higher highs and higher lows, breakout in progress.

Silver ran hard through the London morning, breaking 57.62 and 58.50 to print a session high at 58.938 as the corrective bounce off the $54.77 YTD low extended. RSI(14) near 74 is hot but consistent with the trend; the HH/HL chain remains intact with buyers defending each pullback.

Support: 58.50, 57.62

Resistance: 58.938

What it said to watch

  • Close back below 58.50 breaks the intraday higher-low chain
  • 58.938 session high is the immediate area to watch for rejection or continuation
  • Fri S&P Global PMIs are the key USD driver that could reverse this bounce

07:03 UTC

Strong uptrend, momentum extended · RSI 79 · price 58.876

Clean HH/HL chain off 56.17 base.

London session drove an uninterrupted rally from 56.17 to a fresh session high at 58.94, clearing the 58.50 breakout level; RSI(14) near 79 is hot but expected in this thrust. Move stretches well above the digest's cited $57.25 hurdle — extension into 59.00 with no consolidation yet.

Support: 58.50

Resistance: 58.94, 59.00, 60.00

What it said to watch

  • Loss of 58.50 breakout level would mark the first lower-low of the session
  • Close above 59.00 opens the path to the 60.00 psych barrier
  • RSI still climbing without divergence keeps the trend read intact

07:03 UTC

Strong uptrend, extended · RSI 79 · price 58.876

Higher highs, higher lows into session high.

Silver ran a steep London-session rally from ~57.00 to a session high of 58.938, extending the corrective bounce off the YTD low; RSI(14) near 79 is hot. Buyers stepped in on each shallow dip and the breakout above 58.06 has held on retest, though the move is now stretched into resistance.

Support: 58.54, 58.06

Resistance: 58.938

What it said to watch

  • M15 close back below 58.06 would break the rising-low sequence and signal the impulse stalling
  • Loss of 58.54 first flags momentum cooling
  • RSI above 79 leaves room for a mean-reversion pullback despite the trend
  • S&P Global PMIs Fri could shift the USD read behind this move

06:47 UTC

Strong uptrend, extended · RSI 81 · price 58.761

Chain of higher highs / higher lows, momentum accelerating.

Steady grind higher through the Asian range gave way to an accelerated London-session leg, price breaking 58.00 and printing a session high at 58.826. RSI(14) north of 80 flags a short-term overbought condition; context frames this as short-covering off the $54.77 YTD low rather than a trend turn.

Support: 58.024, 58.00

Resistance: 58.826, 59.00

What it said to watch

  • Loss of 58.00 would break the higher-low chain and stall the rally
  • Acceptance above 58.826 opens the 59.00 round number
  • Fri S&P Global PMIs (USD driver) could shift the read on any beat

06:47 UTC

Strong uptrend, momentum extended · RSI 81 · price 58.761

Series of higher highs and higher lows.

Silver ripped higher through the London session, climbing ~2.7% from the 56.09 Asian low to a session high of 58.83, extending the short-covering bounce well past the $57.25 hurdle flagged in the digest. RSI(14) is hot near 81, a clean momentum breakout with no pause yet; the last impulse cleared 58.06 without a retest.

Support: 58.06

Resistance: 58.83, 60.00

What it said to watch

  • M15 close above 58.83 opens the path toward the 60.00 psych barrier
  • Loss of the 58.06 pullback low would be the first lower-low and cool the momentum
  • S&P Global PMIs Fri could shift USD and cap this bounce

06:32 UTC

Uptrend, momentum strong · RSI 75 · price 58.559

Chain of higher highs and higher lows.

NY-session rally extended silver ~1.5% off the $56.09 base, clearing the $58.50 channel top the digest flagged; price now presses the 58.647 session high. RSI(14) near 74 is hot but consistent with a clean trend leg — no exhaustion signal yet.

Support: 58.14

Resistance: 58.647

What it said to watch

  • Loss of the 58.140 breakout base would break the higher-low chain
  • Rejection at 58.647 caps the session high and stalls the leg
  • Fri S&P Global PMIs could shift the USD read and this move

06:32 UTC

Strong uptrend, momentum extended · RSI 79 · price 58.559

Chain of higher highs and higher lows, breakout in progress.

Silver ripped through the $57.25 hurdle and $58.50 channel top during Asian-into-London hours, printing a session high at 58.647 with RSI(14) near 79 — short-term hot. The advance is the corrective short-covering bounce flagged in context; price is extended above EMA20/50 with 58.06 the first pullback shelf.

Support: 58.062, 57.62

Resistance: 58.647, 58.50

What it said to watch

  • Loss of 58.06 would be the first lower-high signal after the breakout
  • Failure to hold 57.62 breaks the rising-low structure
  • Fri S&P Global PMIs could shift the USD read and cap this bounce

06:17 UTC

Strong uptrend, extended · RSI 75 · price 58.464

Higher highs and higher lows, breakout intact.

Silver accelerated off the 56.09 base through the late Asia-London open, tagging a session high at 58.515 with RSI(14) hot near 74. Digest frames this as a corrective short-covering bounce into the ~58.50 channel top; price is pressing that cap after clearing the 57.64 breakout.

Support: 58.024, 57.635

Resistance: 58.515, 58.50

What it said to watch

  • Loss of rising support / close below 58.02 would signal the impulse is stalling
  • Rejection at the 58.50 channel top would cap the bounce
  • S&P Global PMIs Fri could shift the USD read and this move

06:17 UTC

Uptrend, momentum strong · RSI 76 · price 58.464

Chain of higher highs, breakout extension.

Silver ripped through 58.00 in the London session, extending a clean uptrend off the 56.09 base and printing a session high at 58.52 — the short-covering bounce the macro read flagged. RSI(14) near 76 is hot but consistent with the impulse; price now presses the 58.50 channel top cap.

Support: 58.00, 57.62

Resistance: 58.50

What it said to watch

  • Sustained M15 close above 58.50 opens the path toward the 60.00 barrier
  • Loss of 58.00 negates the breakout and reopens 57.62
  • S&P Global PMIs Fri are the key USD driver into this rebound

06:03 UTC

Uptrend, extended · RSI 74 · price 58.179

Chain of higher highs, at session high.

Silver ran ~2 dollars off the 56.09 low, breaking the $57.25 falling trendline and stacking higher highs into a fresh session high at 58.18, RSI(14) hot near 73. Move accelerated on the Asian-session breakout candle through 57.60; no pullback yet, price printing at the highs.

Support: 57.82, 57.55, 57.25

Resistance: 58.18, 58.50

What it said to watch

  • Loss of 57.82 would mark the first lower high and stall the run
  • A clean break above 58.18 opens the $58.50 channel top
  • RSI above 73 with price at highs — stretched, prone to a snap-back into 57.55
  • S&P Global PMIs Jul 24 are the next macro catalyst that could shift this read

06:03 UTC

Uptrend, extended · RSI 76 · price 58.179

Chain of higher highs, breakout above $57.25.

NY session drove a clean breakout above the $57.25 falling trend-line, silver stair-stepping to a session high of 58.18 as the safe-haven bid held. RSI(14) near 76 shows momentum hot but not yet stretched; price is holding just under the round 58.00 with no rejection wick yet.

Support: 58.00, 57.62

Resistance: 58.18, 58.50

What it said to watch

  • Loss of 57.62 breakout shelf would signal the rally stalling
  • A close above 58.18 opens the path to the 58.50 channel top
  • US PMIs (Jul 24) are the next catalyst that could shift this read

05:47 UTC

Uptrend, extended · RSI 74 · price 58.092

Higher highs and higher lows since Asian-session breakout.

XAGUSD cleared the $57.25 trend-line in the Asian session and ran to a session high at 58.18, extending a clean chain of higher lows above EMA20. Safe-haven bid off the $55.00 shelf carried the move; RSI(14) near 73 is hot but consistent with the ongoing push. Price now consolidating just under the 58.18 high on the light current bar.

Support: 57.62

Resistance: 58.18, 58.50

What it said to watch

  • Close above 58.18 opens the path toward the 58.50 channel top
  • Loss of the 57.62 breakout level would negate the higher-low structure
  • S&P Global PMIs Jul 24 are the next catalyst that could shift this read

05:47 UTC

Uptrend, momentum extended · RSI 77 · price 58.092

Chain of higher highs and higher lows.

Silver ran a clean HH/HL sequence through the Asian session, clearing the $57.25 falling trend-line and the 57.62 breakout shelf to tag a session high at 58.181 as a safe-haven bid held. RSI(14) is hot near 77 with price stretched above both EMAs; momentum intact but extended.

Support: 57.622

Resistance: 58.181, 58.50

What it said to watch

  • Loss of 57.62 breakout shelf would flag momentum fading
  • A close above 58.181 opens the path to the 58.50 channel top
  • S&P Global PMIs Jul 24 13:45 UTC could reset this read

05:32 UTC

Uptrend, extending · RSI 76 · price 58.009

Higher highs, higher lows after breakout.

Asian session drove a clean breakout, silver pushing through the $57.25 trend-line hurdle toward $58 as the US-Iran safe-haven bid supported. RSI(14) near 76 — hot but consistent with the impulsive leg; price now presses the 58.06 session high with an unbroken chain of higher lows behind it.

Support: 57.35

Resistance: 58.06, 58.50

What it said to watch

  • Loss of 57.35 breaks the higher-low chain and puts the breakout in question
  • M15 close above 58.06 extends toward the 58.50 channel top
  • De-escalation headline could unwind the safe-haven premium quickly

05:32 UTC

Uptrend, extended · RSI 74 · price 58.009

Higher highs, higher lows; breakout intact.

Silver ran through the London morning, clearing the $57.25 falling trend-line and grinding to a session high at 58.057; RSI(14) hot near 74. Safe-haven bid on US-Iran headlines is fuelling the leg, with buyers defending each dip on the way up.

Support: 57.25

Resistance: 58.057, 58.50

What it said to watch

  • Approach to 58.50 channel top — area to watch for rejection or break
  • M15 close back below 57.25 negates the breakout
  • S&P Global PMIs Jul 24 could materially shift this read

05:17 UTC

Uptrend, momentum slowing at highs · RSI 71 · price 57.90

HH/HL chain, extended rally into session high.

Silver ripped ~180 pips off the 56.09 base during the Asia session, clearing the $57.25 falling trend-line the digest flagged and pressing session high 57.92, RSI(14) around 71. Last bar stalled to a doji just under the high — rally intact but momentum thinning into overhead supply.

Support: 57.35

Resistance: 57.92, 58.00

What it said to watch

  • Rejection at 57.92/58.00 would cap the rally and put 57.35 back in play
  • Loss of 57.35 breaks the intraday HL chain
  • S&P Global PMIs (Jul 24) are the next high-impact catalyst for this read

05:17 UTC

Uptrend, momentum extended · RSI 75 · price 57.90

Chain of higher highs, breakout in play.

Asian-session rally lifted silver off the 56.09 low straight through the 57.25 trend-line hurdle to 57.9, a safe-haven bid on renewed US-Iran headlines. RSI(14) near 74 and stretched from EMA20; the current bar is a low-volume early-London stall right under the 58.0 handle.

Support: 57.63, 57.00

Resistance: 58.00, 58.50

What it said to watch

  • M15 close above 58.0 opens the path to 58.5
  • Failure to hold 57.63 negates the breakout and reopens 57.0

05:04 UTC

Uptrend, momentum extended · RSI 71 · price 57.868

Higher highs, consolidating near session high.

Silver gapped higher through the $57.25 falling trend-line during the Asian session on the renewed US-Iran safe-haven bid, tagging 57.883 before stalling. Price is now consolidating in a tight 57.55-57.88 band with RSI(14) around 71, hot but normal for the leg.

Support: 57.55

Resistance: 57.883, 58.00

What it said to watch

  • Loss of 57.55 breakout base would signal the leg is stalling
  • M15 close above 57.883 opens the path to the 58.00 round number
  • S&P Global PMIs Jul 24 are the next high-impact catalyst

05:04 UTC

Uptrend, extended near highs · RSI 72 · price 57.868

HH/HL chain after breakout.

Silver ran ~1.8% off the 56.09 base, the 57.00 breakout candle during Asian hours snapping the prior range and printing a clean HH/HL sequence into 57.88. Price is stalling under the session high with RSI(14) near 72; safe-haven bid on US-Iran headlines is behind the leg, but overhead supply near 57.25/58.50 caps.

Support: 57.62, 57.00

Resistance: 57.88, 58.00

What it said to watch

  • Loss of 57.62 breakout shelf would flip the near-term structure to a lower-low
  • Sustained trade above 57.88 opens the path toward 58.00 psych
  • PMIs Jul 24 are the next macro catalyst that could shift this read

04:47 UTC

Uptrend, momentum slowing · RSI 69 · price 57.801

Higher highs off 56.09 low, flattening near session high.

Silver ran ~1.8% off the 56.09 low into 57.88 through Asian hours, clearing the $57.25 falling trend-line as the safe-haven bid firmed. Price is now stalling in a tight 57.72-57.88 band with RSI(14) cooling from the highs — consolidating gains just under the session high.

Support: 57.62, 57.35, 57.25

Resistance: 57.883, 58.50

What it said to watch

  • Hold above 57.62 keeps the breakout structure intact
  • M15 close below 57.35 breaks rising support and the higher-low chain
  • Break above 57.883 session high opens the 58.50 channel top

04:47 UTC

Uptrend, momentum extended · RSI 71 · price 57.801

Impulse leg, consolidating near highs.

Silver ripped ~1.5% off the 56.09 base into the Asia session, clearing the $57.25 falling trend-line flagged in the macro read and printing a session high at 57.883. Price is now coiling in a tight 57.63–57.88 band with RSI(14) hot near 71; the impulse has stalled but the range top is holding without rejection.

Support: 57.63

Resistance: 57.883, 58.00

What it said to watch

  • Loss of 57.63 would mark the first lower-low after the impulse
  • M15 close above 57.883 opens the path to the 58.00 handle
  • S&P Global flash PMIs Jul 24 are the next macro catalyst for USD/silver

04:32 UTC

Uptrend, momentum hot · RSI 72 · price 57.748

Breakout, higher highs into session high.

Silver ripped ~1.5% through the Asian session, clearing the 57.25 falling trend-line and the 57.00 shelf on a single impulse bar, safe-haven bid the driver. Price now pinned just under the 57.883 session high with RSI(14) near 72 — short-term hot but not extreme. Pullbacks into 57.535 have been shallow, breakout level at 57.00 holds structure.

Support: 57.535, 57.00

Resistance: 57.883

What it said to watch

  • M15 close back below 57.00 negates the breakout
  • Rejection at 57.88 with RSI rolling over would stall the push
  • Failure to hold 57.535 signals momentum fade

04:32 UTC

Uptrend, momentum extended · RSI 72 · price 57.748

Impulsive break higher off session low, holding gains.

Silver ripped from the 56.09 Asia low and broke cleanly above the 57.25 falling trend-line, tagging a session high at 57.883 on a safe-haven bid before easing to 57.748. RSI(14) near 71 is short-term hot but consistent with the impulse; buyers defended 57.535 on the last pullback.

Support: 57.535, 57.25

Resistance: 57.883, 58.00

What it said to watch

  • M15 close back below 57.535 stalls the breakout momentum
  • Rejection at 57.883 caps the rally short of the 58.00 handle
  • S&P Global PMIs Jul 24 are the next catalyst that could shift this read

04:17 UTC

Uptrend, momentum extended · RSI 74 · price 57.801

Higher highs off the 56.09 base.

Silver ripped through the $57.25 trendline hurdle flagged in the digest with a large impulse bar, extending to a session high of 57.88 before stalling. RSI(14) is hot near 74 and price sits well above EMA20/50; the move is stretched into the top of the range.

Support: 57.35, 57.25

Resistance: 57.88

What it said to watch

  • Loss of 57.35 would mark the first lower-high and stall the breakout
  • A close back below 57.25 turns the breakout into a false break
  • S&P Global PMIs Fri 13:45 UTC could reset this read via the hawkish-Fed channel

04:17 UTC

Uptrend, strong impulse · RSI 74 · price 57.801

Series of higher highs after range break.

Late-Asia session produced a sharp impulse off the 56.09 low, clearing the $57.25 trendline hurdle flagged in the macro read and extending to a session high at 57.883. RSI(14) near 74 is hot but consistent with the momentum; price is holding just below the highs with no pullback yet.

Support: 57.35

Resistance: 57.883, 58.00

What it said to watch

  • Loss of 57.350 would mark the first lower-low and stall the impulse
  • Sustained trade above 57.883 opens the path to the 58.00 round number
  • Rally has run into the $57.25 area cited as a broader supply zone — watch for rejection or clean break above

04:03 UTC

Uptrend, impulsive leg extended · RSI 77 · price 57.831

Higher highs after breakout above 57.00.

Silver ripped through the $57.25 trendline hurdle and cleared 57.00 on a sharp late-Asia impulse, printing a session high at 57.844 with RSI(14) hot near 77. Price is stretched well above EMA20/50 and holding a rising sequence of lows off 57.35.

Support: 57.35, 57.00

Resistance: 57.844

What it said to watch

  • Failure to hold the 57.35 swing low breaks the rising-low sequence
  • Loss of 57.00 negates the breakout read
  • RSI near 77 leaves room for a pause/pullback into the impulse leg
  • ADP 4-week avg 12:15 GMT could inject USD volatility

04:03 UTC

Uptrend, sharp impulse extending · RSI 74 · price 57.831

Breakout above range, printing higher highs.

Silver ripped out of the sub-56.20 base with a sharp impulse candle through 57.00, clearing the $57.25 trendline that had capped rallies and stalling at the 57.844 session high. RSI(14) near 73 flags short-term heat but the structure is a clean chain of higher highs; the move fits the relief-bid read as the USD safe-haven premium eased.

Support: 57.25, 57.005

Resistance: 57.844, 58.00

What it said to watch

  • Sustained M15 close above 57.844 opens the path to 58.00
  • Loss of 57.25 trendline negates the breakout and reopens 57.00
  • S&P Global PMIs Fri 13:45 UTC could reprice the Fed-hawkish drag on silver

03:47 UTC

Sharp intraday rally, momentum extended · RSI 69 · price 57.683

Breakout above 57.25, holding session highs.

Silver ripped through the $57.25 trendline hurdle flagged in the digest, spiking to 57.81 during NY hours and holding above 57.5. RSI(14) near 69 shows momentum hot but not yet extreme; the 57.35 swing low marks the first pullback shelf.

Support: 57.35, 57.00

Resistance: 57.81

What it said to watch

  • A close back below 57.25 negates the breakout and re-opens 57.00
  • S&P Global PMIs Fri 13:45 GMT is the key catalyst that could shift this read

03:47 UTC

Uptrend, momentum extended · RSI 69 · price 57.683

Higher highs off NY-session low, holding near session top.

NY session drove a sharp rally off the 56.09 low, spiking to 57.81 as the $57.25 trendline hurdle gave way, RSI(14) near 69. Price is consolidating just under the session high with the breakout so far holding.

Support: 57.35

Resistance: 57.809

What it said to watch

  • M15 close below 57.35 negates the higher-low chain
  • Failure to reclaim 57.809 leaves the spike as an exhaustion high
  • S&P Global PMIs Fri 13:45 GMT could materially shift this read

03:32 UTC

Uptrend, sharp breakout momentum · RSI 75 · price 57.764

Impulsive break above range, HH/HL chain.

XAG ripped ~1.5% during the Asia session, a single bar spiking from 57.00 to 57.81 and clearing the $57.25 wedge trendline flagged in context on Iran safe-haven bid. Price now consolidates just under the 57.81 session high with RSI(14) hot near 75; the 57.35 pullback low held as the first higher-low.

Support: 57.35, 57.00

Resistance: 57.809

What it said to watch

  • Loss of 57.35 swing low would flag momentum fade after the spike
  • M15 close back below 57.00 negates the breakout read
  • Middle East / oil headlines remain the unscheduled swing factor for the safe-haven bid

03:32 UTC

Uptrend, momentum hot after impulse · RSI 78 · price 57.764

Breakout from intraday range, fresh session high.

Silver ripped out of the 56.1–57.2 intraday range on a sharp Asia-session impulse, tagging 57.809 before settling at 57.764 — safe-haven bid on US-Iran headlines. RSI(14) is hot near 77, and price sits well above EMA20/50 after the vertical move.

Support: 57.35, 57.00

Resistance: 57.809

What it said to watch

  • Failure to hold 57.350 signals the impulse is fading into a pullback
  • A close back below 57.000 negates the breakout read
  • S&P Global PMIs Fri could materially shift this read

03:17 UTC

Uptrend, momentum accelerating · RSI 71 · price 57.594

Range breakout, fresh higher highs.

Silver spiked ~1.6% to a session high of 57.809 before easing to 57.594, breaking out of the 56.1–57.2 range that held through the prior session on safe-haven bid tied to Middle East tensions. RSI(14) is hot near 70 and the rally rode a chain of rising lows; current bar is stalling just under the high.

Support: 57.00, 56.094

Resistance: 57.809, 58.50

What it said to watch

  • M15 close back below 57.00 negates the breakout and returns price into the prior range
  • Session high 57.809 — area to watch for rejection or continuation toward the 58.50 channel top
  • Ongoing US-Iran headlines remain an unscheduled swing factor for the haven bid

03:17 UTC

Uptrend, momentum extended after breakout · RSI 69 · price 57.594

Chain of higher highs/lows, breakout above 57.25.

Silver ripped through the 57.25 hurdle during Asia hours, spiking to 57.809 on the Iran safe-haven bid before easing back to 57.55; RSI(14) hot near 69 but not extreme. Buyers stepped in repeatedly off the rising 56-handle lows, and the breakout is holding above 57.35 so far.

Support: 57.35, 57.00

Resistance: 57.81

What it said to watch

  • M15 close back below 57.35 negates the breakout and reopens 57.00
  • Break and hold above 57.81 exposes the 58.50 channel top
  • Middle East / oil headlines remain the unscheduled swing factor for this bid

03:03 UTC

Uptrend, momentum spiking · RSI 69 · price 57.602

Range break, holding above base.

Asia session ripped higher — a 02:30 UTC spike to 57.809 broke the prior 56.1–57.2 range, with RSI(14) hot near 69. Price holding above the 57.005 breakout base after a shallow pullback, safe-haven bid from Middle East tensions underpinning the move.

Support: 57.005, 56.79

Resistance: 57.809

What it said to watch

  • M15 close back below 57.005 breakout base negates the breakout
  • 57.809 session high — area to watch for rejection or continuation
  • Loss of 56.79 swing low confirms failed break

03:03 UTC

Sharp upthrust, momentum hot · RSI 75 · price 57.602

Range break to the upside.

Silver ripped ~1.4% off the 56.09 session low into 57.81 during Asian hours, snapping the prior 57.0–57.3 range top on a US-Iran safe-haven bid. RSI(14) is elevated near 74, short-term hot but consistent with the impulsive break; the final bar is a thin, unfinished print holding 57.60.

Support: 57.00, 56.51, 56.094

Resistance: 57.809

What it said to watch

  • M15 close back below 57.00 negates the breakout and reopens 56.51
  • Sustained hold above 57.81 exposes the 58.50 channel top

02:47 UTC

Sharp upswing, breakout in progress · RSI 74 · price 57.602

Impulsive break above the 56.2–57.2 intraday range.

Silver ripped ~1.5% higher in the Asia session, tagging 57.809 before settling at 57.602 as US-Iran safe-haven flows kept the bid alive. The move broke cleanly above the 56.2–57.2 range that held all night; RSI(14) is hot near 74 but not extreme.

Support: 57.005, 56.85

Resistance: 57.809

What it said to watch

  • Failure to hold the 57.005 prior high reopens the 56.85 breakout base
  • Reclaim of 57.809 extends the breakout toward the digest's 58.50 channel top
  • Oil / US-Iran headlines remain the swing factor for the safe-haven bid

02:47 UTC

Sharp rebound, momentum hot · RSI 73 · price 57.602

Breakout above intraday range after basing near 56.10.

Asia session ripped higher, a single 15m bar surging from 57.00 to a 57.81 high and clearing the 57.25 trendline hurdle as US-Iran safe-haven bid returned. Price basing near 56.10 for hours beforehand, so this is a clean breakout with RSI(14) running hot near 73.

Support: 57.00, 56.85, 56.094

Resistance: 57.809

What it said to watch

  • Pullback holding 57.00 keeps the breakout intact
  • Failure back below 56.85 negates the breakout and returns price into the prior range
  • S&P Global PMIs Fri are the next high-impact catalyst for the pair

02:32 UTC

Recovering off session low · RSI 65 · price 57.139

Higher lows, testing swing high.

Silver based around 56.09 in the Asian session then recovered to 57.14, now pressing the 57.19 swing high with RSI(14) firm near 64. Higher-low structure intact off the low; Iran safe-haven bid underpinning the two-day bounce per context.

Support: 56.79, 56.51, 56.09

Resistance: 57.19, 57.46

What it said to watch

  • M15 close above 57.19 opens the path to the 57.46 session high
  • Loss of 56.79 breaks the higher-low chain and reopens 56.51
  • S&P Global PMIs Fri could shift the broader read

02:32 UTC

Uptrend, pressing session high · RSI 66 · price 57.139

Higher highs / higher lows off asia low.

Silver rallied through the Asian session off the 56.09 low, printing a clean HH/HL chain back to 57.139 as the US-Iran safe-haven bid persisted. Price is now testing the prior session high at 57.19, RSI(14) firm near 66 but not yet stretched.

Support: 56.79, 56.09

Resistance: 57.19, 57.46

What it said to watch

  • Close above 57.19 opens the path to the 57.46 spike high
  • Failure to hold 56.79 confirms a lower-low and breaks the rising support
  • Middle East / oil headlines remain the unscheduled swing factor for the haven bid

02:17 UTC

Intraday rebound, momentum easing · RSI 57 · price 56.858

Recovery off session low, consolidating below session high.

Asia session rebounded off 56.09 to a session high of 57.19 before rejection capped the move, silver holding a two-day safe-haven bounce. Now consolidating around 56.85 with RSI(14) cooling from the rally; recent lows near 56.79 holding so far.

Support: 56.79, 56.51, 56.09

Resistance: 57.19, 57.46

What it said to watch

  • M15 close above 57.19 opens the path toward the 57.46 spike high
  • Loss of 56.51 swing low exposes the 56.09 session low
  • Middle East / oil headlines remain the unscheduled swing factor for the safe-haven bid

02:17 UTC

Short-term uptrend, momentum cooling · RSI 57 · price 56.858

Recovery off session low, pullback from 57.19 high.

XAG rallied ~1% off the 56.09 session low into 57.19 on the second safe-haven bounce noted in the digest, then eased back to 56.85 as momentum cooled. Price is holding above the 56.68 swing low, retesting the breakout from the Asian consolidation.

Support: 56.68, 56.50, 56.094

Resistance: 57.11, 57.189

What it said to watch

  • M15 close back below 56.68 negates the bounce and re-exposes 56.50
  • Reclaim of 57.19 opens the path toward the 57.25 trendline hurdle
  • Middle East / oil headlines remain an unscheduled swing factor

02:03 UTC

Recovery bounce, momentum cooling · RSI 55 · price 56.891

Higher lows off 56.09, rejection at session high.

Silver clawed back from the 56.09 intraday low through the Asian session, tagging 57.19 before sellers capped it; safe-haven bid keeps the two-day rebound alive. Price now consolidating near 56.89 with RSI mid-range — the 57.19 session high is the near-term cap, higher lows still intact underneath.

Support: 56.48, 56.09

Resistance: 57.19, 57.46

What it said to watch

  • M15 close above 57.19 opens the path back toward the 57.46 prior spike
  • Loss of the 56.48 swing low breaks the higher-low chain and re-exposes 56.09

02:03 UTC

Intraday rebound, momentum cooling · RSI 57 · price 56.891

Higher lows off session low, capped at 57.19.

Silver rebounded off the 56.09 session low through the Asia session, tagging 57.19 before sellers rejected the high back to 56.89 — safe-haven bid keeping the bounce alive. Now consolidating in the upper half of the range, RSI(14) cooling from the push.

Support: 56.35, 56.09

Resistance: 57.19, 57.46

What it said to watch

  • M15 close above 57.19 opens the 57.46 spike high
  • Loss of 56.35 swing low negates the rebound toward 56.09

01:47 UTC

Intraday recovery, momentum cooling · RSI 55 · price 56.856

Higher lows off 56.09, rejected at 57.19.

Asia session rallied off the 56.09 range low, peaking at 57.19 before sellers capped it and price pulled back to 56.86. RSI(14) cooling from the highs; the sequence of higher lows off 56.09 still intact while 57.00–57.19 caps.

Support: 56.68, 56.094

Resistance: 57.00, 57.189

What it said to watch

  • M15 close below 56.68 breaks the higher-low sequence
  • Reclaim of 57.19 opens the 57.25 trendline hurdle
  • Middle East / oil headlines remain an unscheduled swing factor

01:47 UTC

Intraday recovery, momentum cooling · RSI 56 · price 56.856

Higher lows off session low, pullback from range high.

Silver rallied off the 56.09 Asian low to tag 57.19 before rejecting, now easing back to 56.86 with RSI(14) cooling from the rally peak. Safe-haven bid keeps the recovery intact but the session high capped the move.

Support: 56.685, 56.363, 56.094

Resistance: 57.189, 57.458

What it said to watch

  • M15 close above 57.19 reopens the path to 57.46
  • Loss of 56.685 exposes the 56.36 session low
  • Middle East / oil headlines remain an unscheduled swing factor

01:32 UTC

Recovery bounce off lows · RSI 61 · price 56.903

Higher lows since 56.09 base.

Silver based around 56.09-56.15 through the Asia session then ripped to a 57.189 session high before easing to 56.90. RSI(14) cooling off the highs but structure still shows a chain of higher lows; the 56.51 recovery low is the near pivot.

Support: 56.51, 56.094

Resistance: 57.189, 57.458

What it said to watch

  • M15 close back below 56.51 breaks the higher-low sequence
  • Break and hold above 57.189 opens the 57.25 trendline hurdle then 57.458
  • Unscheduled US-Iran headlines remain a two-way tail risk for this bounce

01:32 UTC

Intraday uptrend, momentum cooling · RSI 58 · price 56.903

Higher lows into session high, pullback in progress.

Silver rallied ~1.9% off the 56.09 range low into the 57.19 session high through the Asian session, backed by lingering US-Iran safe-haven demand, and is now pulling back to 56.90 with RSI(14) easing from the mid-60s. Break level around 56.685 being retested; range top at 57.19 still capping.

Support: 56.685, 56.51, 56.094

Resistance: 57.189, 57.356

What it said to watch

  • Reclaim of 57.189 reopens the path to 57.356
  • Failure to hold 56.685 confirms a lower-low and puts 56.510 in play
  • Ongoing US-Iran headlines remain an unscheduled swing factor for the haven bid

01:17 UTC

Intraday recovery, momentum firm · RSI 68 · price 57.053

Higher lows off 56.09, pressing session high.

Silver carved higher lows off 56.09 through the Asian session and rallied ~1.6% into 57.11, RSI(14) near 68 but not yet stretched. Buyers stepped in repeatedly on the way up; the 57.167 session high is the immediate cap on the safe-haven bid.

Support: 56.80, 56.09

Resistance: 57.167, 57.25, 57.33

What it said to watch

  • M15 close above 57.25 trendline opens 57.33 prior high
  • Loss of 56.80 breaks the higher-low chain
  • Middle East / oil headlines remain the intraday swing factor

01:17 UTC

Short-term uptrend, recovery leg · RSI 67 · price 57.053

Higher highs/higher lows off session low.

Asian session drove a sharp recovery from 56.09 to the 57.17 session high, silver holding a safe-haven bid. Current bar stalling just below the high with RSI(14) around 67, momentum still constructive but nearing the $57.25 trendline hurdle flagged in context.

Support: 56.50, 56.094

Resistance: 57.167, 57.25

What it said to watch

  • M15 close above 57.25 opens the path toward the channel top
  • Failure to hold 56.50 negates the recovery leg and re-exposes the 56.09 session low

01:04 UTC

Recovering, momentum building · RSI 64 · price 56.855

Higher lows off session base, testing recent highs.

Silver based at 56.09 and staircased higher through the Asia session, now printing 56.855 with a clean chain of higher lows and RSI(14) near 64 — hot but not extended. Safe-haven bid from US-Iran headlines is underpinning the bounce; 57.05 prior-high cluster is the near-term cap.

Support: 56.35, 56.094, 56.00

Resistance: 57.05, 57.25

What it said to watch

  • Close above 57.05 opens the path toward the 57.25 wedge line
  • Loss of 56.35 base would break the higher-low chain and re-expose 56.09 session low
  • S&P Global PMIs Fri 13:45 UTC are the next high-impact catalyst for USD-driven moves

01:04 UTC

Recovering, short-term uptrend · RSI 66 · price 56.855

Higher lows off session low, rebound leg.

Silver rebounded off the 56.094 session low on renewed safe-haven bid, printing higher lows into the Asian session with a recent high at 56.911. RSI(14) near 66, momentum firm but not yet stretched; the 57.25 falling trendline hurdle caps the recovery leg above.

Support: 56.50, 56.094, 56.00

Resistance: 56.911, 57.17, 57.25

What it said to watch

  • Loss of 56.50 would break the higher-low chain and re-expose the 56.094 session low
  • A close above 57.25 trendline opens the path toward the 57.46 prior spike
  • US-Iran headlines remain the unscheduled swing factor for the safe-haven bid

00:47 UTC

Downtrend, intraday bounce · RSI 60 · price 56.668

Based at session low, higher lows forming.

Silver based at the 56.094 session low through Asia hours before ripping ~65 pips into the current bar to tag 56.749, with Iran safe-haven bid underpinning. RSI(14) has recovered from oversold into the 60s as buyers stepped in off the base.

Support: 56.35, 56.094

Resistance: 56.749, 57.05

What it said to watch

  • Reclaim and hold above 56.749 opens the path toward the 57.05 prior swing
  • Loss of 56.35 pivot puts the 56.094 session low back in play
  • Middle East / oil headlines remain an unscheduled swing factor for the bounce

00:47 UTC

Downtrend, bounce off session low · RSI 58 · price 56.668

Recovering from 56.09 low, testing swing high.

Asia session put in a double bottom at 56.09/56.15 after the low-volume Sunday drift, and buyers have lifted price back to 56.68 with RSI recovering toward 58. Safe-haven Iran-driven bid is underpinning the bounce; 56.75 swing high is the immediate cap.

Support: 56.15

Resistance: 56.75, 57.05

What it said to watch

  • M15 close above 56.75 opens the path to 57.05
  • Loss of 56.15 session low resumes the downtrend toward the 54.77 YTD low
  • Unscheduled US-Iran headlines can swing this pair sharply in either direction

00:32 UTC

Short-term down, bouncing off lows · RSI 53 · price 56.512

Recovering after test of session low.

Thin Asia session: silver leaked to 56.094 before demand stepped in, bouncing ~45 pips to 56.565 on the ongoing US-Iran safe-haven bid. RSI(14) has recovered off its lows to mid-range; price back above EMA20 but capped below the falling EMA50 and the 56.787 swing high.

Support: 56.094, 56.00

Resistance: 56.565, 56.787

What it said to watch

  • Close above 56.565 then 56.787 would break the intraday lower-high sequence
  • Failure to hold 56.094 exposes the 56.00 round number
  • Middle East / oil headline flow is an unscheduled tail risk for both direction

00:32 UTC

Downtrend, bounce in progress · RSI 51 · price 56.512

Lower lows into 56.09, corrective bounce off the low.

Silver ground lower through the US session to a 56.09 session low, then found a bid into the thin Asia open, reclaiming 56.50. Move fits the two-way tape flagged around $55 support with US-Iran headlines keeping a floor under dips. Bounce still capped below the 56.565 high.

Support: 56.094, 55.89

Resistance: 56.565

What it said to watch

  • Reclaim and hold above 56.565 negates the lower-high sequence
  • Break of 56.09 session low reopens the 55.89 swing low
  • Thin Asia liquidity leaves the read prone to sharp swings on Iran headlines

00:17 UTC

Downtrend, bounce off session low · RSI 44 · price 56.354

Lower highs into 56.09 low, minor recovery.

Silver leaked lower through the thin Asia session to a 56.09 low before recovering to 56.35, holding below EMA20/50. RSI(14) sits mid-40s with price now chopping in a tight 56.09–56.42 band after the earlier US-Iran-driven bounce faded from the 57.45 high.

Support: 56.094, 55.90, 55.00

Resistance: 56.42, 56.80

What it said to watch

  • M15 close above 56.42 then 56.80 would break the lower-high sequence
  • Failure to hold 56.09 exposes 55.90 then the 55.00 psych level
  • Middle East headline flow remains an unscheduled swing factor

00:17 UTC

Downtrend, bounce off session low · RSI 44 · price 56.354

Lower highs, lower lows into Asia.

Silver slid through the NY-Asia handover, printing lower highs from the 57.46 session peak down to a 56.09 session low before a shallow bounce to 56.35. RSI(14) recovered from a mid-30s dip but price sits below EMA20/EMA50, keeping the intraday sequence bearish; thin late-Asia volume behind the current tick.

Support: 56.094, 55.00

Resistance: 56.42

What it said to watch

  • M15 close back above 56.42 breaks the lower-high sequence
  • Break of 56.09 session low exposes the 55.00 area
  • S&P Global PMIs Fri could reset this read

00:03 UTC

Downtrend, lower highs into Asia · RSI 40 · price 56.236

Sequence of lower highs/lows below EMA20/50.

Silver rolled over through the NY-Asia transition, breaking the 56.40 shelf and printing session lows at 56.094 before a shallow bounce. Price rejected back to 56.24 under EMA20, RSI(14) around 40 with no oversold extreme yet; still capped by lower highs.

Support: 56.094, 55.00

Resistance: 56.44

What it said to watch

  • M15 close back above 56.44 (ema20) neutralises the lower-high chain
  • Break of 56.09 session low opens the 55.00 psych area
  • S&P Global PMIs Thu/Fri are the next high-impact catalyst for USD/silver

00:03 UTC

Downtrend, momentum slowing · RSI 42 · price 56.236

Lower highs into session low, consolidating.

Silver faded through the Asia open after rejection at the 57.46 session high during NY hours, printing lower highs down to the 56.09 session low. Price is now consolidating just above that low on thin early-Asia volume, RSI subdued near 41.

Support: 56.094, 55.72

Resistance: 56.34, 57.46

What it said to watch

  • M15 close below 56.094 opens a move toward 55.72
  • Reclaim of 56.34 needed to ease near-term selling pressure
  • S&P Global PMIs Fri could reshape the USD-driven read

All markets that day · Today’s XAG/USD Live Scan in the terminal