XAG/USD AI Live Scan, 1-hour chart, Tuesday, 23 June 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.
23:02 UTC
Downtrend, oversold but no reversal · RSI 37 · price 61.439
Lower highs / lower lows, pressing YTD low.
Silver has trended lower all week, sliding from the 70.80 area to fresh 7-month lows near 61.40, with Tuesday's NY session driving the latest leg down on rising Treasury yields and the hawkish-Fed repricing. Price sits well below EMA20 and EMA50, which have capped every bounce, and RSI(14) is oversold around 36 without a divergence signal. The 61.06/61.01 YTD-low cluster is the immediate floor being tested.
Support: 61.01, 60.00
Resistance: 62.53
What it said to watch
H1 close below 61.01 exposes the 60.00 round number
Hourly close back above 62.53 swing high needed to ease downside pressure
Core PCE Thu Jun 25 12:30 UTC is the key catalyst and could materially shift this read
23:02 UTC
Downtrend, oversold near lows · RSI 33 · price 61.439
Lower highs, lower lows; consolidating just above YTD-low cluster.
Silver has trended lower all week off the June 17 hawkish FOMC and rising US yields, sliding from ~71.5 toward the 61.06/61.01 YTD-low cluster, with the sharp leg coming during Tuesday's US sessions. Price sits below both EMA(20) and EMA(50) and RSI(14) is oversold around 32; the last several bars have stalled in a tight 61.3–62.5 band just above support. Rallies have been capped by a descending sequence of lower highs.
Support: 61.06, 60.00
Resistance: 62.53
What it said to watch
H1 close below 61.01 opens the path toward 60.00
Reclaim above 62.53 would question the lower-high sequence
Core PCE Thu 12:30 UTC is the key catalyst and could materially shift this read
22:02 UTC
Downtrend, stabilising near lows · RSI 39 · price 61.541
Lower highs and lower lows, basing at range floor.
Silver has trended lower all week, sliding from above 70 into the low-61s as the hawkish-Fed/rising-yield narrative and beating US PMIs hammered metals; Tuesday's NY session drove the latest leg from ~65 toward the 61.01/61.06 YTD low cluster. Price is pinned below EMA20 and EMA50 with each bounce capped by descending lower highs, but RSI is basing in oversold territory and the 61.3 floor has held into the close.
Support: 61.325, 61.01
Resistance: 62.53
What it said to watch
Clean H1 close below 61.01 exposes the next leg toward 60.00
Reclaim of 62.53 would break the run of lower highs
Core PCE Thu 12:30 UTC is the key catalyst for this support cluster
Silver has trended lower all week below EMA(20) and EMA(50), accelerating through the NY session yesterday as a hawkish-Fed/rising-yield narrative crushed metals; price now presses 7-month lows near 61 with RSI(14) holding oversold around 36. The 67.13 spike high marked the week's cap and rallies have been sold into each session, the latest stalling at the 62.53 swing. The 61.06 ytd-low cluster is the line in the sand for this leg.
Support: 61.06, 60.00
Resistance: 62.53
What it said to watch
Hourly close below 61.01 exposes 60.00 then lower
Reclaim of 62.53 needed to ease the lower-high sequence
Core PCE Thu 12:30 UTC is the key catalyst for this read
Silver has trended lower all week off the $71.5 area, with the bulk of the damage done into the NY session as a hawkish-Fed/higher-yields narrative crushed metals. Price sits below EMA20 (~62.50) with RSI(14) oversold near 37, and the latest bounce off the 61.325 session low has been shallow against the descending lower-highs. The $61.06 YTD-low cluster is the line in the sand below current price.
Support: 61.06, 61.325
Resistance: 62.50, 62.69, 63.37
What it said to watch
H1 close below 61.06 ytd low exposes the 60.00 round level
Reclaim of EMA20 ~62.50 and the 62.69 swing high needed to ease downside pressure
Core PCE Thu 12:30 UTC is the key catalyst — a hot print could crack support, a soft one fuel an oversold-relief bounce toward the 63.37 prior high
Silver has trended lower all week beneath EMA(20) and EMA(50), shedding roughly $9 from Monday's ~70 print as a hawkish-Fed/rising-yields tape crushed metals into the NY session. Price now grinds against the $61.06 YTD-low cluster with RSI(14) holding oversold near 36 — bounces have been shallow and sold back, the $62.53 swing high capping the latest attempt. The broader structure remains a clean series of lower highs and lower lows.
Support: 61.06, 60.00
Resistance: 62.53
What it said to watch
A clean H1 close below 61.06 exposes 60.00
Close back above 62.53 would question the lower-high sequence
Core PCE Thu 12:30 UTC is the week's key catalyst and could materially shift this read
20:02 UTC
Downtrend, pressing lows · RSI 38 · price 61.596
Lower highs and lower lows.
Silver has trended lower all week off the 71.54 high, with a fresh leg down through the NY session Tuesday on the hawkish-Fed/higher-yields narrative noted in the digest. Price holds below EMA20 and EMA50 and is now pressing the 61.01 YTD-low cluster, with RSI(14) near 37 confirming oversold but no reversal structure yet. Each bounce this week has stalled into a descending line of lower highs.
Support: 61.01
Resistance: 62.53
What it said to watch
Clean H1 close below 61.01 exposes the 60.00 area
Close back above 62.53 swing high breaks the lower-high sequence
Core PCE Thu (12:30 UTC) is the key catalyst for this read
20:02 UTC
Downtrend, extended and oversold · RSI 37 · price 61.596
Series of lower highs and lower lows.
Silver has trended lower all week, accelerating through the NY session yesterday from ~66.5 toward $61 as the hawkish-Fed/rising-yields read crushed metals. Price sits well below EMA20 and EMA50 with RSI(14) oversold near the $61.06 YTD-low cluster; bounces into the 62.53 swing high have been capped. Each pullback has stalled below resistance, keeping the lower-high sequence intact.
Support: 61.06, 60.00
Resistance: 62.53
What it said to watch
Clean H1 close below 61.06 exposes 60.00
Reclaim of 62.53 needed to break the lower-high sequence
Core PCE Thu 12:30 UTC is the key catalyst — a hot print could pressure support
19:02 UTC
Downtrend, extended into oversold · RSI 34 · price 61.472
Persistent lower highs and lower lows.
Silver has trended lower all week, sliding from a ~67 NY-session high to press the $61.06 ytd low cluster as the hawkish-Fed/rising-yields narrative kept rallies capped. Tuesday's ~4.5% slump and continuation into the current session leave RSI(14) near 34, deeply below EMA20 and EMA50 with no reversal structure yet. Each bounce has stalled into lower highs, the last around 62.69.
Support: 61.06, 60.00
Resistance: 62.69
What it said to watch
Clean H1 close below 61.01 confirms a fresh lower-low and exposes the 60.00 psych level
Reclaim of 62.69 swing high would be the first break of the lower-high sequence
Core PCE Thu (12:30 UTC) is the week's key catalyst and could materially shift this read
19:02 UTC
Downtrend, accelerating · RSI 33 · price 61.472
Sequence of lower highs and lower lows.
Silver has trended lower all week and accelerated through the NY session, sliding from the 67 area to press the 61.01 YTD-low cluster as a hawkish-Fed/rising-yields narrative weighs on metals. Price sits well below EMA20 and EMA50 with RSI(14) pinned in oversold territory near 33; bounces into 62.53 have been sold. The 61.01/60.00 zone is the immediate area to watch for absorption or a clean break.
Support: 61.01, 60.00
Resistance: 62.53
What it said to watch
Clean H1 close below 61.01 exposes the 60.00 psych level
Reclaim of 62.53 swing high would relieve the oversold downtrend
Core PCE Thu 12:30 UTC is the key catalyst that could materially shift this read
Silver has been in a relentless decline all week, sliding from ~70 toward the low-62s as hawkish-Fed repricing and surging US yields crushed the non-yielder. The latest sessions have stalled in a tight band above 61.51 — the metal is now pressing the YTD low near 61.01 with RSI hovering in oversold territory after a third-plus losing session. Price sits well below EMA20 and EMA50, and each push toward 62.76 has been sold.
Support: 61.51, 61.01, 60.00
Resistance: 62.76
What it said to watch
Clean H1 close below 61.01 opens the path to 60.00
Recovery above 62.76 would break the week's lower-high sequence
Core PCE Thu 12:30 GMT — a hot print risks a break of 61.01, a cool print could fuel an oversold bounce
Silver has been in a relentless H1 downtrend since the early-week peak near 71.5, sliding to 61.8 as strong US PMIs (Mfg 55.7, Svcs 51.3) and surging yields fed the hawkish-Fed bid. Monday's relief pop toward 66 fully unwound, and the last several bars are stalling in a tight 61.5–62.7 zone just above the YTD low. Price sits well below EMA20 and EMA50 with RSI(14) hugging oversold.
Support: 61.507, 61.01, 60.00
Resistance: 62.53
What it said to watch
Clean break of 61.01 ytd low opens 60.00
Reclaim of 62.53 session high needed to ease downside pressure
Core PCE Thu 12:30 GMT (f/c 3.4%) could materially shift this read
Relentless one-way slide since Monday's open near 64.50, with the metal sliced from above 70 down to test 7-month lows around 61.51 as strong US PMIs and rising Treasury yields reinforced the hawkish-Fed narrative. Price trades well below EMA20 and EMA50, and each NY-session bounce this week has been sold below 63. RSI(14) is pinned in oversold territory near 37, leaving momentum stretched but unbroken.
Support: 61.51, 61.01
Resistance: 63.37, 64.50
What it said to watch
Clean H1 close below 61.01 ytd support opens the path toward 60.00
Reclaim of 63.37 prior swing would be the first sign the descent is stalling
Core PCE Thu 12:30 GMT could materially shift this read
Successive lower highs and lower lows, pressing toward YTD support.
Silver has been in a relentless H1 downtrend all week, sliding from ~70 to test the 62.00 area as hawkish-Fed repricing and firmer US yields pressured the non-yielder; yesterday's US PMI beats accelerated the leg lower. Price sits well below EMA20 and EMA50 with RSI(14) parked near oversold around 35. The 62.69 prior high has capped intraday bounces while 61.51 swing low marks the immediate floor ahead of YTD support at 61.01.
Support: 61.51, 61.01
Resistance: 62.69
What it said to watch
Clean break of 61.01 ytd support opens the path toward 60.00
Reclaim and hold above 62.69 would interrupt the lower-high sequence
Core PCE Thu 12:30 GMT could materially shift this read
Silver extended its slide through the NY session, shedding ground toward the 61.51 swing low after strong US PMIs (Mfg 55.7, Svcs 51.3) reinforced the hawkish-Fed yield bid. Price sits well below EMA20 and EMA50 with RSI(14) pinned in the mid-30s — momentum is stretched but the descending channel from Monday's 67-handle high remains intact. The 62.69 session high has capped the latest bounce.
Support: 61.51, 61.01
Resistance: 62.69, 64.13
What it said to watch
Hourly close below 61.51 confirms continuation toward 61.01 ytd support
Reclaim of 64.13 would break the descending channel structure
Core PCE Thu 12:30 GMT could materially shift this read — a hot print pressures 61.01
Silver extended its slide through the NY session, shedding roughly 4.5% to test 7-month lows near $62 as strong US PMIs and surging Treasury yields reinforced the hawkish-Fed read. Price has held below EMA20 and EMA50 all week with each pullback capped, and the last NY-session bounce to $66 fully unwound. RSI(14) sits oversold near 35 with a mild bullish divergence forming as price probes the $61.51 session low.
Support: 61.51, 61.01, 60.00
Resistance: 63.18
What it said to watch
Clean break of 61.01 ytd support opens the path to 60.00
Hourly close back above 63.18 would ease the immediate downside pressure
Core PCE Thu 12:30 GMT is the key risk — a hot print pressures support, a soft print could fuel an oversold bounce
14:02 UTC
Downtrend, near lows · RSI 40 · price 62.328
Lower highs, lower lows into YTD shelf.
Silver has trended lower all week, clearing the mid-$66 region and the $65.77 shelf as a hawkish Fed hold and rising US yields hammered the metal. Price now sits pinned near the $61.65 swing low with RSI(14) in oversold territory; a tentative bounce off $61.65 into the last bar marks the first push back. Both EMA20 and EMA50 cap from above with no reclaim attempted.
Support: 61.645, 61.06, 60.00
Resistance: 63.28
What it said to watch
H1 close below 61.06 ytd shelf opens 60.00
Reclaim of 63.28 prior low would soften the downtrend read
Thursday Core PCE (f/c 3.4%) could materially shift this read
14:02 UTC
Downtrend, near YTD lows · RSI 39 · price 62.328
Lower highs and lower lows, pressing support shelf.
Silver has trended steadily lower through the week, rolling off Monday's ~$66.8 bounce and slicing through the mid-$65s into the low-$62s as the hawkish Fed hold and a firmer dollar pressured non-yielding metals. Price sits well below EMA20 and EMA50 with each rally capped at lower highs; the latest probe found buyers at 61.645 before a tick back to 62.33. RSI(14) hugging the mid-30s flags oversold conditions but no divergence yet.
Support: 61.645, 61.06
Resistance: 63.28
What it said to watch
S&P Global PMIs (13:45 UTC) could materially shift this read
Clean break of the 61.06 ytd shelf opens the path to 60.00
Reclaim of 63.28 prior high needed to ease the downside structure
13:03 UTC
Downtrend, extended · RSI 33 · price 61.793
Lower highs and lower lows, pressing YTD lows.
Silver has bled lower all week from Monday's ~71.5 peak, breaking the 200-day reference and clearing 65.77 as the hawkish Fed hold and firmer US yields pressured the metal. Price now sits near 61.79, just above the 61.06/61.00 YTD-low shelf, with RSI(14) flagging oversold and pullbacks repeatedly capped under the descending EMA20. Each NY session this week has extended the decline, with relief bounces failing into 62.69-63.28.
Support: 61.06, 60.00
Resistance: 62.69, 63.28
What it said to watch
S&P Global PMIs at 13:45 UTC could materially shift this read
Clean H1 break of 61.00 opens the path toward 60.00
Reclaim above 62.69 would challenge the lower-high structure
13:03 UTC
Downtrend, accelerating · RSI 32 · price 61.793
Lower highs and lower lows, fresh week lows.
Silver extended its slide through the NY session, slicing the $64 shelf and pressing fresh week lows near $61.8 as a hawkish-Fed repricing kept Treasury yields and the dollar bid. Price has tracked well below EMA20/EMA50 for the entire window with RSI(14) pinned in oversold territory around 31, and the $66 Monday bounce has been fully unwound. The $61.06 YTD low is now the immediate floor in focus.
Support: 61.06, 60.00
Resistance: 62.66, 66.30
What it said to watch
S&P Global PMIs in ~80min — a hot print pressures the $61.06 ytd low, a miss risks an oversold squeeze toward the 9d ema near $66.30
Failure to hold $61.06 opens the path to $60.00 psych
Hourly close back above $62.66 would mark the first higher high this leg
Silver has ground out a clean downtrend across the week, with Monday's bounce to ~$67 fully reversed and the NY session yesterday driving the slide back into the mid-$62s — Fed hawkish repricing and firmer yields the backdrop. Price sits well below EMA20 (~63.30), which has capped every pullback, and RSI(14) near 35 reflects oversold but persistent pressure. The 61.80 swing low is the immediate floor ahead of the 61.00 YTD-low zone.
Support: 61.80, 61.00
Resistance: 63.30
What it said to watch
Break below 61.80 then 61.00 extends the downtrend toward $60.00
An hourly close back above 63.30 (ema20) would challenge the lower-high sequence
S&P Global flash PMIs at 13:45 UTC could materially shift this read
12:02 UTC
Downtrend, extended · RSI 36 · price 62.204
Lower highs and lower lows, fresh week lows.
Silver has bled steadily lower all week, with Monday's bounce to ~66.80 fully unwound as hawkish-Fed repricing and firmer yields kept the metal heavy into NY hours. Price prints fresh week lows in the mid-62s, holding well below the EMA20 (~64.00) and EMA50, with RSI(14) pinned near oversold around 36. The session low at 61.80 is the last shelf before the 61.00 YTD-low area.
Support: 61.80, 61.00
Resistance: 62.69, 64.00
What it said to watch
Hourly close below 61.80 confirms continuation toward the 61.00 ytd low
Reclaim of 62.69 intraday high would ease the immediate downside pressure
S&P Global PMIs at 13:45 UTC could materially shift this read
Silver has trended lower all week inside a descending channel, sliding from ~$66 toward $62 as hawkish Fed repricing reasserted itself and the US-Iran relief bid faded. Price sits well below both EMA(20) and EMA(50) with every NY session pullback being sold, and the late-week leg accelerated through $63 into the $61.80 session low. RSI(14) near 31 reflects stretched bearish momentum but no divergence yet.
Support: 61.80, 61.01, 60.00
Resistance: 63.37
What it said to watch
Clean break below the $61.01 six-month low exposes $60.00
Reclaim of $63.37 prior low needed to ease the channel pressure
S&P Global PMIs at 13:45 UTC could materially shift this read via USD
Lower highs and lower lows within a descending channel.
Silver has trended lower since Monday's gapped open near 64.50, accelerating through the NY session yesterday and into today as hawkish Fed repricing kept the USD bid. Price is pinned below EMA(20) and EMA(50), now probing the 61.80 swing low with the 61.01 six-month low just beneath. RSI(14) near 30 reflects the extension but no bullish divergence has formed yet.
Support: 61.808, 61.01, 60.00
Resistance: 64.50
What it said to watch
Clean break below 61.01 six-month low opens 60.00
Reclaim of the 64.50 weekly open would neutralise the breakdown read
US S&P Global PMIs at 13:45 UTC could materially shift this read
10:02 UTC
Downtrend, persistent · RSI 28 · price 62.644
Lower highs and lower lows within a descending channel.
Silver has trended lower all week, sliced through the 64.00 and 63.30 supports into the NY session and tagged 61.80 before a modest two-bar bounce to 62.64. The slide reflects the hawkish Fed repricing and US-Iran de-escalation flagged in the digest, with price pinned inside a descending channel. RSI(14) sits near oversold, so the recovery off 61.80 is corrective rather than a structural shift while price holds below EMA20.
Support: 61.80, 61.01
Resistance: 63.30, 64.40
What it said to watch
US S&P Global PMIs at 13:45 UTC could extend the downside pressure on a beat
Loss of 61.80 confirms a fresh lower-low and exposes the 61.01 six-month low
Reclaim of 64.40 (EMA20) needed to question the descending channel
Silver has trended lower all week, sliding from the 66.8 area into a fresh week low at 61.80 as a hawkish Fed and US-Iran de-escalation stripped both rate and safe-haven props. Price is pinned at the base of a descending channel, well below EMA20 and EMA50, with the acceleration coming through the prior NY session. RSI(14) near 31 reflects stretched downside momentum but no bullish divergence yet.
Support: 61.80, 61.01, 60.00
Resistance: 63.23
What it said to watch
Loss of 61.80 exposes the 61.01 six-month low, then 60.00
An hourly close back above 63.23 prior support would soften the downtrend read
US S&P Global PMIs at 13:45 UTC could materially shift this read
Silver has bled lower all week, sliding from the 66.85 swing high into the NY-to-Asia transition and accelerating through 63.00 in the latest European hours as the hawkish-Fed/firm-USD narrative reasserted. Price sits at 62.14, well below EMA20 and EMA50 with RSI deep in oversold territory and fresh range lows at 61.80. The descending channel of lower highs remains intact with no reaction yet to flag exhaustion.
Support: 61.80, 61.06, 60.00
Resistance: 63.20
What it said to watch
S&P Global PMIs at 13:45 UTC (~2h) could materially shift this read
Break of 61.80 opens the path toward the 61.06 six-month low then 60.00
Hourly close back above 63.20 would ease the downside pressure
Silver extended its slide through the NY session, breaking the mid-week 64.30–66.80 range and printing fresh week lows near 61.80 as the hawkish-Fed/USD-at-highs narrative kept rallies sold. Price trades well below EMA20 (~64.50) with RSI(14) sub-30, reflecting persistent downside momentum. A brief US-Iran peace bounce earlier in the week to ~66.85 faded fast and the descending channel of lower highs remains intact.
Support: 61.80, 61.06
Resistance: 63.28, 64.50
What it said to watch
Close below 61.80 swing low exposes the 61.06 six-month low
Reclaim of 63.28 swing high would challenge the channel of lower highs
S&P Global PMIs at 13:45 UTC could materially shift this read
Silver has trended lower all week and accelerated through the NY session yesterday, slicing $64.50 and the $63 shelf to print a fresh low at 61.808 as hawkish-Fed pricing and a fading Mideast premium pressed the metal. Price sits below both EMA20 and EMA50 with RSI(14) near 28 — stretched, but every bounce toward $66 has been sold. Structure remains a clean sequence of lower highs and lower lows.
Support: 61.06, 60.00
Resistance: 62.66, 64.50
What it said to watch
Reclaim of the 62.66 swing high would be the first sign of stalling
Failure to hold 61.06 support exposes the 60.00 round number
S&P Global PMIs today 13:45 UTC could extend or relieve the hawkish-USD pressure
08:02 UTC
Downtrend, accelerating · RSI 27 · price 61.861
Lower highs, lower lows; fresh weekly low.
Silver has trended lower all week and the decline accelerated through the NY session, snapping the prior 64.50 range floor and printing a fresh weekly low at 61.80. Price sits well below EMA(20) and EMA(50) with RSI(14) pinned in oversold territory — the hawkish-Fed repricing and a fading Mideast risk premium keep pressure on the non-yielding metal. The 63.30 prior low now caps any rebound attempt.
Support: 61.06, 60.00
Resistance: 63.30, 64.50
What it said to watch
Loss of the 61.06 support exposes the 60.00 psych level
An H1 close back above 63.30 prior low would ease the downside momentum
S&P Global PMIs at 13:45 UTC could extend or unwind this leg
07:02 UTC
Downtrend, fresh lows · RSI 27 · price 62.311
Lower highs, lower lows; range broken downward.
Silver has rolled back over after Monday's bounce to ~66.8 faded, breaking the prior 63.2 support and printing fresh lows near 62.3 — extending the hawkish-Fed selloff well below the 200-day SMA. RSI(14) is in oversold territory near 26 and price sits well below both EMA(20) and EMA(50), with rallies into the 64-65 zone capped through the NY session. Context support stacks at 61.80/61.50 just below current price.
Support: 61.80, 61.50, 61.06
Resistance: 63.18
What it said to watch
An H1 close back above broken support at 63.18 would ease the downside pressure
Failure to hold 61.80 opens the 61.50/61.06 support stack
S&P Global PMIs at 13:45 UTC could materially shift this read
Lower highs and lower lows, broke this-week support.
Silver rolled over through the NY session, slicing the 64.00 prior-support shelf and extending the hawkish-Fed selloff toward 62.14 — the lowest of the week. Price sits well below EMA20 and EMA50 with RSI(14) pinned in the mid-20s, the bounce off Monday's 66.80 high fully unwound. The 61.80 support zone flagged in the broader read is now the immediate area in focus.
Support: 62.14, 61.80, 61.50
Resistance: 64.04
What it said to watch
Reclaim of 64.00 broken support needed to ease the downtrend read
Failure to hold 61.80 support zone opens 61.50 deeper sup
S&P Global PMIs at 13:45 UTC could materially shift this read
Silver has rolled over hard, with Monday's geopolitics-driven bounce toward 67 fully unwound and price losing the mid-65s through the latest NY session to print a fresh week low at 62.37. Sequence of lower highs stays intact below EMA20/EMA50 and RSI(14) is pinned in oversold territory, reflecting the hawkish-Fed/firm-USD backdrop weighing on the metal. 61.80 is the next reference support stack below current price.
Support: 62.37, 61.80
Resistance: 64.04
What it said to watch
Failure to hold 61.80 opens room toward the next support zone
An H1 close back above 64.04 would ease the breakdown read
S&P Global PMIs at 13:45 UTC could materially shift this read
Monday's geopolitics-driven bounce stalled below 67 and silver has rolled over hard, with the NY session yesterday driving a clean break under 64.35 to a fresh week low at 62.367. Price sits well below EMA20 and EMA50 with RSI(14) near 29, consistent with the hawkish-Fed downtrend; the 200-day SMA cap near 69 never came back into play. Each pullback this week has been sold into, keeping the structure firmly lower.
Support: 62.367, 61.80
Resistance: 64.35
What it said to watch
Hourly close below 61.80 support opens the path toward 61.06
Reclaim of 64.35 breakdown level needed to ease downside pressure
S&P Global PMIs today 13:45 UTC could materially shift this read
05:03 UTC
Downtrend, accelerating · RSI 25 · price 62.623
Lower highs and lower lows, fresh week low.
Silver extended its slide into the NY session, breaking the 64.04 shelf and pressing to a fresh week low at 62.50 — the cleanest leg of a downtrend that has run from above 71 since Monday. Price sits well below EMA20 (~64.50) and EMA50 with RSI(14) deep in oversold territory near 25, in line with the firmer USD and hawkish-Fed repricing. The Monday geopolitics bounce toward 67 has fully unwound below the 200-day SMA cited in the macro read.
Support: 62.505, 61.80, 61.06
Resistance: 64.04, 64.50
What it said to watch
Loss of 61.80 key support opens the path toward 61.06
Reclaim of the 64.04 breakdown level would ease the oversold downtrend read
S&P Global PMIs at 13:45 UTC could materially shift this read
05:03 UTC
Downtrend, accelerating · RSI 27 · price 62.623
Lower highs and lower lows, fresh week lows.
Silver has extended its decline through the week, breaking down from the ~66.8 area and printing fresh lows at 62.505 into the Asian session, well below EMA20 and EMA50. The slide stems from the hawkish-Fed repricing and firmer USD; Monday's geopolitics-driven bounce toward 67 has fully unwound. RSI(14) is in oversold territory near 27 but has yet to show divergence as price makes successive lower lows.
Support: 62.505, 61.80, 61.06
Resistance: 63.18, 64.00
What it said to watch
An hourly close below 61.80 opens the path toward 61.06
Reclaim of 63.18 then 64.00 would challenge the downtrend structure
S&P Global PMIs at 13:45 UTC could materially shift this read
04:02 UTC
Downtrend, fresh leg lower · RSI 30 · price 63.211
Lower highs, lower lows; bounce failed below 67.
Silver remains in a clear H1 downtrend, having sliced from above 70 through the 200-day SMA region toward 63 across the week on the hawkish-Fed re-rate. Tuesday's bounce stalled at 66.80 and supply re-capped under 67 before a fresh leg lower printed new lows at 62.73 into the Asia session. Price sits well below EMA(20) and EMA(50) with RSI(14) pressed into oversold, reflecting one-directional momentum.
Support: 62.731
Resistance: 64.92, 66.30
What it said to watch
Loss of 62.73 confirms continuation of the lower-low sequence
Reclaim of 64.92 would ease the immediate downside pressure
S&P Global PMIs at 13:45 UTC could materially shift this read
A close back above 66.30 negates the latest breakdown
04:02 UTC
Downtrend, accelerating · RSI 30 · price 63.211
Lower highs, fresh lows.
Monday's geopolitics-driven bounce to ~66.85 stalled well below the 200-day area and rolled over hard through the NY session, slicing the prior 64.90 range and printing fresh lows at 62.73. Price trades below both EMA(20) and EMA(50) with RSI(14) pressed into oversold around 30 as the hawkish-Fed downtrend reasserts. Supply has capped every rebound under 66.30 this week.
Support: 62.731, 61.80
Resistance: 64.90, 66.30
What it said to watch
Loss of 62.731 session low opens the path toward the 61.80 support zone
An H1 close back above 64.90 prior range would neutralise the breakdown
S&P Global PMIs at 13:45 UTC could materially shift this read
03:02 UTC
Downtrend, accelerating · RSI 32 · price 63.274
Lower highs and lower lows, fresh leg down.
Silver's mid-week bounce to ~66.30 stalled well below the 200-day region and rolled over, with a fresh NY-session leg down slicing through 64 to print a new low at 63.23. Price sits below both EMA(20) and EMA(50) and RSI(14) is into the low-30s as the move extends. The geopolitics-driven short-covering pop has fully unwound, leaving the 61.80 support stack as the next reference into the print risk.
Support: 63.23, 61.80
Resistance: 65.00, 66.30
What it said to watch
Reclaim of 65.00 needed to ease downside pressure
Close below 61.80 extends the lower-low sequence
S&P Global PMIs at 13:45 UTC could materially shift this read
Silver rolled over through the NY session, slicing the 65.45 ex-support shelf and printing a fresh session low at 63.231 as Monday's geopolitics-driven bounce fully unwound. Price sits well below EMA(20) and EMA(50) with RSI(14) pressed into the low-30s, and the broader USD bid off the hawkish Fed re-rating keeps the rebound capped under 65.45. The 66.30 swing high marks the dominant lower-high of this leg.
Support: 63.231, 61.80
Resistance: 65.45, 66.30
What it said to watch
H1 close back above 65.45 would ease the downside read
Failure to hold 63.231 opens the path toward 61.80 support
S&P Global PMIs 13:45 UTC could materially shift this read
02:03 UTC
Downtrend, momentum lower · RSI 35 · price 63.899
Lower highs, lower lows.
Silver faded Monday's geopolitics-driven bounce, sliding through the NY session from the 66.30 rejection back toward 63.90 and trading well below EMA20 (~65.20). The hawkish-Fed/firm-USD backdrop keeps rallies capped, and price is now probing the recent low at 63.80 with RSI(14) pressing toward the mid-30s. The bounce off 63.29 earlier in the window has been fully unwound.
Support: 63.80, 63.29
Resistance: 65.20, 66.30
What it said to watch
H1 close below 63.80 opens the path toward the 63.29 swing low
Reclaim of EMA20 near 65.20 would neutralise the downside read
S&P Global flash PMIs at 13:45 UTC could materially shift this read
02:02 UTC
Downtrend, pressing lows · RSI 32 · price 63.899
Lower highs, lower lows; bounce faded.
Silver extended its post-Fed downtrend through the NY session, breaking back below the 64.40 area to a fresh week low near 63.80 after Monday's US-Iran-driven bounce to 67.13 faded. Price sits well below EMA20 (~65.3) with RSI(14) pressing into oversold, and the 63.46 prior low is the immediate floor being retested. A hawkish Fed and firm USD continue to cap rebounds.
Support: 63.46, 61.80
Resistance: 65.30, 67.13
What it said to watch
S&P Global flash PMIs at 13:45 UTC could materially shift this read
Loss of 63.46 confirms continuation toward the 61.80 pivot
H1 close back above 65.30 EMA20 needed to ease downside pressure
01:03 UTC
Downtrend, bounce fading · RSI 43 · price 65.055
Lower highs below EMAs.
Silver sits in a hawkish-Fed downtrend that ran from ~71.50 to the 64.23 week low before Monday's US-Iran de-escalation bounce stalled near 66.80. That recovery has been sold back to 65.05, with price now capped under EMA20 (~65.70) and EMA50; RSI(14) at ~42 has slipped under the midline. The 66.30 resistance area has been faded twice this week.
Support: 64.23
Resistance: 65.70, 66.30, 66.80
What it said to watch
S&P Global flash PMIs Tue 13:45 UTC could materially shift this read
H1 close back below 64.23 confirms a fresh lower low
Reclaim of 66.30 needed to reopen the 66.80 resist band
01:03 UTC
Downtrend, bounce fading · RSI 43 · price 65.055
Lower highs, lower lows.
Silver stayed in a downtrend all week, sliding from ~71.5 through the 200DMA to a 63.45 low after the hawkish June FOMC repricing. Monday's geopolitics-driven rebound to the 66.8 swing high — on US-Iran de-escalation — has since faded into a string of lower highs, with price now rolling back below the 65.5 EMA(20). RSI(14) sits in the mid-40s, no divergence.
Support: 64.36, 63.45
Resistance: 65.50, 66.80
What it said to watch
S&P Global flash PMIs at 13:45 UTC could materially shift this read
H1 close below 64.36 reopens the 63.45 week low
Reclaim of the 65.5 EMA(20) would ease the rolling-over read
00:02 UTC
Downtrend, bounce fading · RSI 41 · price 64.931
Lower highs, back near week low.
Silver remains in a downtrend after the hawkish FOMC sheared it from ~71.5 through the week and the broader sub-200DMA picture stays heavy. Monday's geopolitics-driven bounce stalled into the 66.30 area and has since faded back toward the week low, with price slipping under the EMA20 near 65.50 into the Asia session. RSI(14) sits in the low 40s as the rebound rolls over.
Support: 64.40, 63.46
Resistance: 65.50, 66.30, 66.80
What it said to watch
S&P Global flash PMIs Tue 13:45 UTC could materially shift this read
H1 close below 64.40 confirms a lower-low toward the 63.46 week low
Reclaim of 66.30 bounce high needed to re-engage the 66.80 prior high
00:02 UTC
Downtrend, bounce fading · RSI 42 · price 64.931
Lower highs, retesting weekly lows.
Silver remains in a downtrend below EMA20/50 after rolling over from the post-FOMC slide; Monday's US-Iran roadmap bounce stalled at the 66.80 rejection and price has bled back toward 64.93 into the Asia session. The 65.00 psych level now caps, with the 64.18 swing low the immediate floor ahead of the 63.46 week low. RSI sits near 42, having held above its prior trough while price retests lower — a mild bullish divergence against an otherwise heavy structure.
Support: 64.18, 63.46
Resistance: 65.00, 66.30, 66.80
What it said to watch
H1 close below 64.18 confirms a lower-low toward the 63.46 week low
Reclaim of 65.00 psych needed to challenge the 66.30-66.80 band
S&P Global PMIs at 13:45 UTC could materially shift this read