XAG/USD AI Live Scan, 1-hour chart, Tuesday, 22 September 2026
Every read JAFX AI made on the XAG/USD 1-hour chart that day, newest first: trend, structure, the levels it marked and what it said to watch.
23:06 UTC
Uptrend, strong momentum into late NY · RSI 69 · price 67.268
Higher highs and higher lows since Tuesday's 64.55 low; breakout through last week's swing high.
The week opened near 66.13 in Monday's Asia session and drifted, then the London session on Tuesday flushed to 64.55 as hawkish Fed commentary and the firmer dollar pressed metals. That low was rejected inside the same session and price reversed through the prior range around 65.63, reclaimed the EMA(20) at 66.39 and extended to a 67.53 week high during NY hours, closing the window at 67.27 with RSI(14) at 69 — the softer Richmond Fed print and stretched dollar longs the backdrop to the squeeze.
Support: 66.39, 65.63, 64.55
Resistance: 67.53, 68.00
What it said to watch
US flash S&P Global PMIs Wed 13:45 UTC and Fed's Barr at 14:05 UTC can materially shift this read
An hourly close back below 66.39 (ema20) would negate the breakout and put 65.63 back in play
Acceptance above the 67.53 week high opens the 68.00 round number as the next reference
Loss of the prior range around 65.63 would re-expose Tuesday's low at 64.55
Higher highs and higher lows since Tuesday's London low; breakout above the week's range top.
The hawkish Fedspeak chorus drove the European-hours flush to 64.55 on Tuesday, but the rally off 64.55 through the NY session has been one-directional, reclaiming the 66.39/66.56 area and clearing the weekly open at 66.13 before topping at 67.53. Price sits at 67.15 above both EMA(20) and EMA(50), with the breakout base at 66.42 now the first structural shelf and 67.01 the prior high from the late-NY pause. RSI(14) near 72 is the highest reading in the window, so the advance is stretched relative to the 66.00 mean it left behind.
Support: 67.01, 66.42, 66.13
Resistance: 67.53, 68.00
What it said to watch
US flash PMIs Wed 13:45 UTC plus Fed's Barr are the session's main risk and could materially shift this read
Hourly closes back below 67.01 prior high would stall the breakout sequence
Loss of 66.42 breakout base returns price into this week's 66.13 weekly open congestion and invalidates the higher-low structure
Acceptance above 67.53 session high exposes the 68.00 round number
Series of higher lows since the 09:00 UTC low, week's range top taken out.
Monday's 66.0-66.5 consolidation gave way in the European morning as the hawkish Fed speaker chorus pushed silver down to 64.55, but the break lower was not sustained and price has been printing higher lows through the NY session. The last three hours of NY drove a vertical squeeze back above the 66.45 100-dma cluster and through last week's 67.32 prior high, tagging a 67.53 session high before the final bar stalled at 67.047. RSI(14) at 70.5 is the highest of the window and price is extended well above the 66.18 ema20, so the move is stretched relative to a 508-pip ATR.
Support: 66.45, 66.18, 64.55
Resistance: 67.32, 67.53, 68.00
What it said to watch
US flash PMIs Wed 13:45 UTC (Services f/c 56, Mfg 53.5) is the first material test of this repricing
An hourly close back below the 66.45 100-dma would frame the NY squeeze as a failed range break
Sustained acceptance above the 67.53 session high puts the 68.00 round number in play
A slide back to the 66.18 ema20 without holding it breaks the higher-low sequence off the 64.55 tuesday low
20:04 UTC
Uptrend, extended after breakout · RSI 75 · price 67.218
Higher lows off 64.55, prior range top 67.32 taken out.
Silver based at 64.55 in the European session and then ran four straight bars into NY, reclaiming the 66.39/66.56 100-DMA cluster and clearing the 67.32 prior high to print a 67.53 week high before closing at 67.22. The leg was yield-driven — oil-led relief pulling the US 10-year back toward ~4.93% offset the hawkish Fed rhetoric that had capped the metal earlier in the week. Price now sits roughly 100 pips above EMA(20) at 66.20 with RSI(14) near 75, the most stretched reading of the window.
Support: 66.42, 66.20, 64.55
Resistance: 67.53, 67.32, 68.00
What it said to watch
US flash PMIs Wed 13:45 UTC (Services f/c 56, Mfg f/c 53.5) plus Fed's Barr could materially shift this read
Hourly close back below the 66.42 breakout low would mark the move as a false break and put EMA(20) at 66.20 back in play
A sustained close above the 67.53 week high opens the 68.00 psych area; failure there with RSI(14) overbought sets up divergence risk
Loss of 64.55, the week low, would confirm a lower low and break the sequence of higher lows
19:05 UTC
Recovering, momentum building into NY · RSI 70 · price 66.934
Higher lows off 64.55, back into the upper half of the week's range.
Silver spent Tuesday's London session unwinding the hawkish Fed-speaker barrage, printing 64.55 before a steady sequence of higher lows off 65.39 dragged price back through the H1 EMA(20) at 66.07 and then the 100-dma at 66.40 during NY hours. The late push printed a day high at 67.09, leaving Friday's 67.32 week high as the immediate reference above. RSI(14) near 70 is its highest since that Friday peak, and the week's impulse off 62.30 held its 50–61.8% retracement band at 64.2–64.8 on the Tuesday flush.
Support: 66.40, 66.07, 65.39
Resistance: 67.09, 67.32
What it said to watch
An H1 close back below 66.40 would negate the 100-dma reclaim and put the ema20 at 66.07 back in focus
A close above 67.32 week high would break the 62.86–67.32 range structure that has framed the week
Failure to hold the 65.39 swing low would re-open 64.55, this week's low
US S&P Global flash PMIs Wed 13:45 UTC plus Fed's Barr are the next material risk to this read
Tuesday V-recovery off the week low back into the week's lower-highs cap.
Monday's session held a tight 65.70–67.03 band before Tuesday's London hours dumped silver to the week low at 64.55 on the hawkish Fed chorus, and NY hours have retraced almost all of it back to 66.45. Price has reclaimed EMA(20) at 65.94 and EMA(50) just beneath it, with RSI(14) back to ~60 from the low-40s, while the 66.39–66.56 shelf that capped Monday is now being retested from below. The 64.55 probe has so far behaved as a false break, with a sequence of higher lows off it through 65.17 and 65.39.
Support: 65.94, 65.17, 64.55
Resistance: 67.03, 67.32
What it said to watch
US S&P Global flash PMIs Wed 13:45 UTC plus Fed's Barr at 14:05 UTC — the main scheduled risk to this read
Hourly close above 67.03 (monday high) would break the week's lower-highs sequence and expose 67.32, the week high
Loss of 65.94 (ema20) and the higher-lows line would put 65.17 swing low back in play
Failure to hold 64.55 on a retest would confirm a lower low for the week
17:06 UTC
Lower this week, corrective bounce into NY · RSI 52 · price 66.06
Tuesday London break to 64.55 reversed; higher lows into NY but capped under 66.39.
Tuesday's London session produced the dominant move of the week — a slide from the 66.80 tue high to 64.55 as the hawkish Fed chorus firmed front-end yields — and NY hours have retraced roughly two-thirds of it back to Monday's 66.13 open, leaving the 64.55 spike looking like a false break of the 65.00 area. Price has reclaimed EMA(20) at 65.85 with RSI(14) back at 52 from its Tuesday lows, but the 100-dma at 66.39 has capped each attempt this week, including the rejection from 66.80 that started the drop. Higher lows off 64.55 are intact while the 65.39 session low holds.
Support: 65.85, 65.39, 64.55
Resistance: 66.39, 66.80
What it said to watch
H1 close above the 66.39 100-dma would negate the capping read that has held all week, with 66.80 tue high next
Loss of the 65.39 session low breaks the higher-lows channel and puts 64.55 tue low back in play
Failure to hold EMA(20) at 65.85 would flag the NY recovery as corrective only
US flash PMIs Wed 13:45 UTC could materially shift this read
Lower highs since Monday's gap open, one-way sequence broken by a sharp rebound off 64.55.
Monday's bullish gap open near 66.13 was sold all week, with each attempt at the 100-dma at 66.39 capped and Tuesday's European session driving the sweep down to 64.55 as hawkish Fed rhetoric (Musalem, Kashkari) firmed the dollar. Price has recovered into the NY session but is still pinned under EMA(20) around 65.79, with the 66.08 lower high defining the top of the recovery so far. RSI(14) at ~43 has lifted off the flush lows without reclaiming 50, and ATR near 466 pips shows the intraday range is still wide.
Support: 65.39, 64.55
Resistance: 65.79, 66.08, 66.39
What it said to watch
Hourly closes back above 66.08, then the 100-dma at 66.39, would invalidate the lower-high sequence
Failure to hold the 65.39 session low re-exposes the 64.55 tue low
Acceptance above EMA20 at 65.79 is the first sign the week's downtrend is stalling
S&P Global US flash PMIs Wed 13:45 UTC (Services f/c 56, Mfg f/c 53.5) can materially reset this read; Barkin at 17:00 UTC today
Lower highs since Monday, basing above the session low.
Silver has printed a clean sequence of lower highs since Monday's 67.03 print, with Tuesday's gap-up at 66.13 faded through the European session to a 64.55 swing low as hawkish Fed rhetoric (Musalem, Kashkari) firmed the dollar and front-end yields. The NY session has rebuilt into a 65.39-66.06 base, but price is still pinned under the EMA(20) near 65.85 and well below the 66.39 area that has capped twice this week; RSI(14) sits at 43 after failing to reclaim 50 on the bounce. The recovery off 64.55 was sharp but has stalled ahead of Tuesday's high at 66.80, leaving the week's dominant move intact.
Support: 65.39, 64.55
Resistance: 65.85, 66.39, 66.80
What it said to watch
Hourly close above the 65.85 ema20 and then 66.39 would break the lower-high sequence
Loss of the 65.39 session low re-exposes the 64.55 swing low
Fed's Barkin at 17:00 UTC today, then S&P Global US flash PMIs Wed 13:45 UTC, can reprice this range quickly
A hold above 65.39 with RSI(14) reclaiming 50 would flatten the downtrend read into a range
Week's rebound stalled; Tuesday break under 65.00 recovered into the EMA cluster.
Silver opened the week at 66.13 and topped at 66.80–67.03, but every attempt into the prior high at 66.41 has been sold, leaving a clean sequence of lower highs into the NY session Tuesday. Hawkish fedspeak (Musalem, Kashkari) firmed the dollar and front-end yields and drove the slide through the 65.00 psych level to a tue low of 64.550, which was immediately bought back — a false break that has since built higher lows toward 65.84. Price now sits right on the converged ema20/50 at 65.82 with RSI(14) back at 49 from oversold, and ATR near 450 points keeps ranges wide.
Support: 65.82, 65.13, 64.55
Resistance: 66.06, 66.41, 66.80
What it said to watch
Acceptance above the prior high at 66.41 would invalidate the lower-highs read
Loss of the swing low at 65.13 would re-expose 64.550 and confirm the 65.00 psych level as a ceiling
US S&P Global flash PMIs Wed 13:45 UTC (Services f/c 56, Manufacturing f/c 53.5) can reset this structure inside a bar or two
Fed's Barkin 17:00 UTC today — mostly priced, but a hawkish tilt pressures the ema20/50 shelf
Lower highs since Monday, sharp Tuesday flush then recovery into EMA20.
Since Monday's 67.03 high silver has printed a clean sequence of lower highs, with the 100-dma cap at 66.39 refusing every attempt and Tuesday's gap-open asia high at 66.80 rejected immediately. The slide accelerated through the London session — hawkish Fedspeak from Musalem and Kashkari reviving October hike pricing — bottoming at 64.55 before a 100-pip-plus recovery stalled exactly at the EMA20 (65.83), which is also the 50% retracement of the 67.03–64.55 down-leg. RSI(14) has cycled back from the low 30s to roughly 47, neutral rather than recovered.
Support: 65.34, 64.55
Resistance: 65.83, 66.39, 66.80
What it said to watch
Hourly close above the 66.39 100-dma cap would break the lower-highs sequence off Monday's high
Failure to reclaim the EMA20 at 65.83 keeps the 65.34 pullback low and the 64.55 week low in play
Fed's Barkin at 17:00 UTC today and the US S&P Global flash PMIs Wednesday 13:45 UTC can materially reset this read
Lower highs since Monday's open, fresh week low at 64.55.
Silver has leaked lower since Monday's session open and the slide accelerated through the European session Tuesday as hawkish Fed rhetoric firmed the dollar, breaking the 65.90/66.00 shelf and printing a week low at 64.55 before a bounce back to 65.61. EMA20 near 65.80 has flipped to a cap, with the 66.13 weekly open and Tuesday's 66.80 day high framing a clean lower-high sequence. RSI(14) at ~43.6 has lifted off the intraday trough without reaching oversold, and the 64.92 session low is the first reference back inside Tuesday's down leg.
Support: 64.92, 64.55
Resistance: 65.80, 66.13, 66.80
What it said to watch
Hourly close back above the ema20 at 65.80 and then the 66.13 weekly open would break the lower-high sequence
Failure to hold the 64.92 session low exposes the 64.55 week low and confirms continuation
US S&P Global flash PMIs Wed 13:45 UTC (Services f/c 56, Mfg f/c 53.5) could materially shift this read; Fed speakers Williams 14:05, Jefferson 14:20, Barkin 17:00 UTC today
Lower highs since Monday's open, 64.55 session low swept then reclaimed.
Silver has printed a clean sequence of lower highs since Monday's Asia peak at 67.03 — 66.90 in the NY session, then 66.80 in Tuesday's Asia hours — before the London session accelerated the slide, with hawkish Fed rhetoric supporting the Dollar and yields. The move bottomed at 64.55 into late London morning and was immediately bought back roughly a dollar, leaving a sweep of the week low but price still under the EMA20 near 65.85. RSI(14) is mid-40s after basing in the low 30s at the lows, and the 65.55-65.76 consolidation of the last three bars sits just above the 38.2% retracement of the 67.03-64.55 leg.
Support: 65.06, 64.55
Resistance: 65.85, 66.39, 66.80
What it said to watch
Hourly close back above the ema20 at 65.85 would break the lower-high sequence; the 66.39 pivot is the next reference above
Failure to hold the 65.06 swing low re-exposes the 64.55 session low and confirms continuation
Inability to clear 66.39 keeps the descending lower-highs line from the tue high at 66.80 intact
Fed speakers from 14:05 UTC today and US flash PMIs Wed 13:45 UTC are the live drivers that could reset this range
10:05 UTC
Downtrend, impulsive leg lower with a corrective bounce · RSI 45 · price 65.643
Lower highs since Monday's high, range break lower, price under EMA20/EMA50.
After Monday's push to the 67.03 week high stalled, price spent Mon-Tue Asia grinding out lower highs before the European session on Tuesday cut through the 65.90 floor in two large bars down to the 64.55 session low. Hawkish Fed commentary (Musalem, Kashkari) and the failed test of the 100-dma at 66.39 are the backdrop to the unwind. The bounce back to 65.67 has stalled just under the EMA20 at 65.85, with RSI(14) recovering only to the mid-40s from oversold territory.
Support: 65.06, 64.55
Resistance: 65.85, 66.39, 67.03
What it said to watch
Hourly close back above the EMA20 at 65.85 would neutralise the lower-high sequence; only a reclaim of the 100-dma at 66.39 undoes the range break
Failure to hold the 64.55 session low confirms a fresh lower low on this timeframe
The 65.06 spike low is the first reference on any renewed leg down
Fed speakers today (Williams 14:05, Jefferson 14:20, Barkin 17:00 UTC) can reprice the rate path intraday
US flash PMIs Wed 13:45 UTC is the next scheduled event capable of materially shifting this read
09:06 UTC
Downtrend this week, sharp rebound off the lows · RSI 41 · price 65.54
Lower highs since Monday's peak, base broken, V-shaped recovery.
Silver lost the $66.03 prior base in the London session today, accelerating to a 64.55 session low before a wide recovery candle lifted price back to 65.54 — the dominant move of the week came in European hours after two days of lower highs from Monday's 67.03 and today's 66.80 tue high. Price is now trading under the EMA(20) at 65.86 with RSI(14) back at 41 after cycling into the low 20s on the flush, so the recovery is happening from oversold rather than from strength. The hawkish Fed repricing and a firmer dollar are the backdrop; the $65.80–$66.40 congestion that held since Monday's open has now been broken to the downside.
Support: 65.06, 64.55, 64.09
Resistance: 65.86, 66.03, 66.80
What it said to watch
Hourly close back above 66.03 prior base would negate the range break and put the 66.80 tue high back in play
Failure to hold the 65.06 flush low reopens the 64.55 session low and the 64.09 prior low beneath it
EMA(20) at 65.86 is the first level the rebound has to clear; rejection there keeps the lower-high sequence intact
US flash S&P Global PMIs Wed 13:45 UTC and today's Fed speakers (Williams, Jefferson, Barkin) could materially reset this read
08:05 UTC
Downtrend resuming, week's range floor lost · RSI 32 · price 64.905
Lower highs from Tuesday's Asian high, fresh lower low at 64.88.
Silver spent Monday and the Asia session Tuesday pinned between 65.70 and the 66.40-66.80 supply shelf, with the 66.80 tues high rejected before the London session drove a full-point bar through the floor. Price now trades at 64.905, below EMA20 (65.83) and EMA50 (65.91) for the first time since Thursday, with RSI(14) at 31.5 and the sequence of lower highs intact; hawkish Fed commentary and a firm dollar are the backdrop named in the macro read. The drop lands right on the 50% retracement of the 62.30-67.32 post-Fed advance, with the 64.50 prior low the next reference beneath.
Support: 64.88, 64.50, 64.09
Resistance: 65.38, 65.83, 66.80
What it said to watch
Hourly close back above 65.38 prior high would question the range break
Failure to hold the 64.88 session low extends the lower-low sequence toward 64.50 and the 64.09 swing low
Recovery of the broken floor at 65.70-65.83 ema20 would neutralise the breakdown read
Fed speakers today (Williams 14:05, Jefferson 14:20, Barkin 17:00 UTC) and US flash PMIs Wed 13:45 UTC are the scheduled risks to this structure
Lower highs since Monday, first lower low below the week's 65.98 floor.
Silver spent Monday and the Asia session chopping between 65.70 and the 67.03 week high, capped repeatedly under the 66.65 prior-day high, before the first hour of the London session broke the 65.98 range floor and printed 65.06 — the first clean lower low of the week. Price is now back below EMA(20) and EMA(50), both clustered around 66.00-66.10, with RSI(14) near 37 after failing to clear 60 on any of this week's pushes. Hawkish Fed commentary and a firm dollar have kept the post-Fed rebound from 62 capped, and the break unwinds the upper half of that move.
Support: 65.06, 64.76
Resistance: 65.98, 66.65, 67.03
What it said to watch
An hourly close back above the 65.98 range floor would negate the range break and put the 66.65 prior-day high back in play
Failure to hold 65.06 confirms continuation of lower lows toward the 64.76 prior swing
Fed speakers later today, then US flash PMIs Wed 13:45 UTC, are the near-term events capable of resetting this structure
A recovery through 67.03 would be needed to restore the week-high area as the operative ceiling
Range break lower — 66.00 floor lost, fresh 65.06 low.
Tuesday's early bid to 66.80 faded straight back through the 66.39-66.45 supply shelf, extending a sequence of lower highs off Friday's 67.32 peak; hawkish Fed commentary from Musalem and Kashkari has kept the dollar firm and capped every attempt higher this week. The London-session bar then sliced the 66.00 range floor and the EMA(20) at 66.05, printing a 65.06 session low before closing back at 65.58 — the first decisive break of the 66.00-66.45 box that held since Monday's open at 66.13. RSI(14) at 37 is at its lowest since the Wednesday washout, with price now sitting just above the 38.2% retracement of the Wed-Fri impulse at 65.40.
Support: 65.40, 65.24, 65.06
Resistance: 66.00, 66.42, 66.80
What it said to watch
Reclaim of 66.00 and the EMA(20) at 66.05 would neutralise the range-break read
Failure to hold 65.40 fib 38.2 puts the 65.24 fri shelf and 65.06 session low back in play
Rejection at the 66.42 supply shelf on any bounce keeps the lower-highs sequence intact
US flash S&P Global PMIs Wed 13:45 UTC (Services f/c 56, Mfg f/c 53.5) could materially shift this read
05:06 UTC
Range-bound, drifting lower inside the week's band · RSI 47 · price 65.965
Lower highs since Tuesday's London push, holding above Monday's week low.
Silver has been pinned in a 65.70–66.80 band since Monday's open, with the recovery off the post-FOMC washout — the week impulse from 62.30 — stalling repeatedly in the 66.40 cap zone. Tuesday's London attempt at the 66.80 week high was sold back through the 66.13 weekly open, and the last few hours have ground down into the 65.86 session low with price under EMA(20) and RSI(14) flat near 47. Softer crude and a 10-year yield near 4.93% have underpinned the rebound, while the hawkish post-Fed dollar keeps capping each push.
Support: 65.86, 65.70
Resistance: 66.13, 66.40, 66.80
What it said to watch
An hourly close back above the 66.13 weekly open and then the 66.40 cap zone would invalidate the lower-highs read
Failure to hold the 65.86 session low and then the 65.70 week low confirms a lower low and breaks the week's range
US S&P Global PMIs Wed 13:45 GMT (Services f/c 56, Mfg f/c 53.5) are the main event risk to this range; Fed speakers Williams 14:05 and Barkin 17:00 GMT today
04:03 UTC
Rangebound, drifting lower off the week's highs · RSI 43 · price 65.951
Lower highs since Monday's 67.03, flat floor near 65.70.
Silver has been compressing all week after Thursday–Friday's rebound off 62.30 stalled at 67.32; Monday chopped in a 65.80–67.03 band and the Asian-session lift into 66.80 on Tuesday was sold back under the weekly open at 66.13. The 100dma pivot at 66.39 has capped every attempt since Monday's NY session, and price now trades below EMA20 near 66.15 with RSI(14) at 43 — flat momentum inside the range rather than trend. Drivers stay secondhand: softer crude and a 10y back near 4.93% relieved the metal, while a firm post-Fed dollar keeps the upside capped.
Support: 65.70, 65.18
Resistance: 66.15, 66.39, 66.80
What it said to watch
Hourly acceptance above the 100dma pivot at 66.39 and then the day high at 66.80 would invalidate the lower-highs read
Failure to hold the 65.70 week low confirms a lower low and puts the 65.18 prior low back in play
Sustained trade back above EMA20 near 66.15 would neutralise the drift lower
US flash PMIs Wed 13:45 GMT are the nearest high-impact print and could resolve this range in either direction
03:04 UTC
Range-bound, lower highs since last week's peak · RSI 44 · price 66.117
Sideways 65.70-67.03 band, capped by EMA20.
Silver has been carving lower highs since the 67.32 print late last week, with Monday's session chopping in a 65.70-67.03 band and every push higher fading — the Tue high at 66.80 was the latest rejection before price slipped back under EMA(20) at 66.23. RSI(14) is sitting in the mid-40s with no divergence, consistent with consolidation rather than trend: the post-Fed yield and crude relief that drove the 62-67 rebound has stalled without fresh macro input. Price is now beneath both EMA(20) and EMA(50), but still well clear of the week low at 65.70.
Support: 65.93, 65.70
Resistance: 66.23, 66.80, 67.03
What it said to watch
Hourly closes back above the ema20 at 66.23 and then 66.80 would end the lower-high sequence
Loss of 65.93 swing low and then the 65.70 week low would confirm range-low breakdown
S&P Global PMIs Wed 13:45 GMT is the nearest high-impact print and could resolve this range in either direction
Range between 65.70 and 67.03 since Friday, lower highs capping.
The $62.30–$67.32 impulse stalled at last week's week high and the last three sessions have chopped sideways, with Monday's NY hours rejecting 67.03 and the 65.70 area holding twice. Asia-session buyers lifted price back above EMA(20) to 66.31, but the sequence of lower highs — 67.32, 66.90, 66.80 — keeps supply capping each attempt while RSI(14) sits mid-range near 47. Softer crude and stalling US yields have relieved the post-Fed pressure without producing a fresh directional leg.
Support: 66.19, 65.70
Resistance: 66.80, 67.03, 67.32
What it said to watch
H1 close above 67.03 monday high would invalidate the range read and re-open the 67.32 week high
Loss of 65.70 week low confirms a lower low out of the range
Failure to hold EMA(20) near 66.19 on pullbacks would weaken the rebound structure
S&P Global flash PMIs Wed 13:45 GMT is the nearest high-impact print and could materially shift this read
01:05 UTC
Consolidation after last week's rally, momentum flat · RSI 55 · price 66.369
Lower highs capping a 65.70-67.03 range.
Last week's impulse off 62.30 topped at the 67.32 week high and this week has been two-way: Monday stalled at the 100-day SMA around 66.39, faded into the NY session and pressed the 65.70 week low, before Tuesday's Asia session recovered to an Asia high of 66.80 and eased back to 66.37. Price sits just above EMA(20) at 66.20 and the 66.13 weekly open, with RSI(14) cycling in the mid-50s and no expansion in either direction. Per the digest the 62-67 bounce was yield-led, with the long end slipping while a firm dollar has capped attempts at the range top.
Support: 66.20, 66.13, 65.70
Resistance: 66.80, 67.03, 67.32
What it said to watch
H1 close above the 67.03 monday high would end the lower-high sequence running from the 67.32 week high
Failure to hold the 66.13 weekly open and then the 65.70 week low would confirm a lower low and invalidate the range read
Fed speakers Tuesday (Williams, Jefferson, Barkin) and Wednesday's US flash PMIs could materially shift this consolidation read
66.80 asia high is the immediate area to monitor for rejection or break
Two-day range beneath week high, higher lows since Monday's base.
Silver has gone sideways since Monday's open, chopping in a 65.80–67.03 band after last week's yield-led rebound from 62.30 to the 67.32 week high late in Friday's NY session. Price closed the Asia bars back above EMA(20) at roughly 66.20 with RSI(14) near 57, after the 66.90 session high capped the strongest Monday push and the 66.00 round number absorbed each dip. The hawkish Fed repricing described in the digest is keeping the upper edge sticky while softer long-end yields cushion the lows.
Support: 66.20, 66.00, 65.80
Resistance: 66.90, 67.03, 67.32
What it said to watch
An hourly close above 67.03 monday high would break the two-day range and put the 67.32 week high back in play
Loss of the 66.00 round number and 65.80 monday low would confirm a lower-low and invalidate the range-holding read
Fed speakers Tuesday (Williams 14:05, Jefferson 14:20 GMT) and Wednesday's flash PMIs could materially shift this read within the next session