XAG/USD AI Live Scan, 1-hour chart, Wednesday, 23 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.

23:04 UTC

Downtrend, momentum stalling near week low · RSI 32 · price 64.458

Lower highs and lower lows from 67.53; broke below Tuesday low, basing just above 64.22.

Tuesday's NY push to a 67.53 week high briefly cleared Friday's 67.32 peak, but that move reversed. Wednesday's Asia and London sessions unwound it, and the US PMI beat during NY hours extended the slide through the 64.55 Tuesday low to a 64.22 week low. Price has since compressed in a tight band beneath 64.55, with the H1 EMA(20) near 65.03 sloping lower overhead and RSI(14) around 32, just above oversold, while the week trades well below its 66.13 weekly open.

Support: 64.222, 64.00

Resistance: 64.55, 65.03, 66.129

What it said to watch

  • Initial Jobless Claims (12:30 UTC) and Williams/Hammack remarks could materially shift this read
  • H1 close back above the 64.55 Tuesday low and the EMA(20) near 65.03 would mark the break as a failed range break
  • Failure to hold the 64.22 week low confirms a fresh lower-low, with the 64.00 round number the next reference
  • A recovery into the 38.2% fib of the 67.53-64.22 drop near 65.49 would test the lower-high sequence

22:05 UTC

Downtrend, momentum stalling above week low · RSI 31 · price 64.513

Lower low below Tuesday's 64.55 low; tight 64.22–64.91 band since the PMI bar.

Tuesday's NY-session rally from the 64.55 London-open low stalled at a 67.53 week high, near last Friday's 67.32 swing high. Wednesday then gave all of it back, with Asia and London selling extended by the hot US PMI beat into a break of Tuesday's low and a new week low at 64.22. Price now sits below EMA(20) near 65.08, EMA(50) near 65.60 and the 66.13 weekly open, with RSI(14) near 31. The 64.91 PMI bounce high and the fib 38.2 of the Wednesday decline at 65.49 cap overhead, while psych 64.00 and the 63.45 range floor sit below.

Support: 64.222, 64.00, 63.45

Resistance: 64.906, 65.08

What it said to watch

  • H1 close below the 64.22 week low extends the lower-low sequence toward psych 64.00 and the 63.45 range floor
  • Recovery through the 64.91 PMI bounce high and EMA(20) near 65.08 would mark the first higher high since Wednesday's break
  • Reclaim of the fib 38.2 at 65.49 would put the 66.13 weekly open back in view and weaken the downtrend read
  • Williams (08:10 UTC) and Initial Jobless Claims (12:30 UTC Thu, f/c 201K) could materially shift this read

21:08 UTC

Downtrend, stalling near lows · RSI 25 · price 64.432

Lower highs from 67.53 week high; basing 64.22–64.66.

Tuesday's London-open flush to 64.55 was fully reversed in NY to a 67.53 week high, but the rejection there set up a steady slide from Wednesday's Asia session, well below the 66.13 week open. The sharp S&P Global PMI beat (Services 58.7 vs 56) and a firmer USD extended the drop in NY, taking out the Tuesday low. The PMI bounce stalled at 64.91. Price now sits under both EMAs with RSI(14) near 25, and late-NY bars are compressing between the 64.22 week low and 64.66.

Support: 64.222, 64.00

Resistance: 64.55, 64.906, 66.129

What it said to watch

  • Initial Jobless Claims (12:30 UTC Thu) and Williams/Hammack Fedspeak could materially shift this read
  • H1 close back above the 64.55 Tue low, then the 64.91 PMI bounce high, would signal the slide is stalling
  • Recovery through the 38.2% fib near 65.49 would put the week open at 66.13 back in view
  • Failure to hold the 64.22 week low exposes the 64.00 psych level

20:05 UTC

Downtrend, momentum slowing near week low · RSI 31 · price 64.387

False break of 67.50 top, then lower highs and a break below Tuesday's 64.55 low.

Tuesday's NY rally to 67.53 briefly cleared Friday's high, then reversed in full. Wednesday's slide began in Asia, extended through London and accelerated on the hot US PMI beat and firmer USD in NY, taking out Tuesday's 64.55 low to print a 64.22 week low. Price now sits about 1.74 below the 66.13 weekly open and under the ema20 (~65.13), with the post-PMI bounce high at 64.90 and the 23.6% fib near 65.00 overhead, while RSI(14) near 31 has set a slightly higher low against the lower price low just above the 64.00 range floor.

Support: 64.222, 64.00

Resistance: 64.906, 65.13, 66.129

What it said to watch

  • An H1 close above the 64.90 bounce high and the ema20 near 65.13 would print the first higher high since Tuesday's top
  • A retracement stalling at the 23.6% fib near 65.00 keeps the lower-high sequence intact
  • Loss of the 64.22 week low and the 64.00 range floor extends the lower-low sequence toward 63.45
  • Initial Jobless Claims (Thu 12:30 UTC, f/c 201K) and Williams/Hammack/Paulson remarks could materially shift this read

19:05 UTC

Downtrend, stretched and oversold · RSI 25 · price 64.525

Lower highs since 67.53; Tuesday low broken.

Silver rolled over from the 67.53 week high set in Tuesday's NY session and a 67.50 retest in the Asia session. Wednesday's selling came in two legs: first at London open, then in the NY PMI hour, when the S&P Global beats and a firmer USD pushed price through the 64.55 tue low to a 64.28 week low. Price now sits about 70 cents under the H1 ema20 at 65.23 and well below the 66.13 weekly open, with RSI(14) near 25 as the last four bars compress just above the week low.

Support: 64.276, 64.00, 63.45

Resistance: 64.55, 65.23, 66.129

What it said to watch

  • H1 acceptance back above the 64.55 tue low would recast the break as a false break of Tuesday's range
  • Failure to hold the 64.28 week low exposes the 64.00 round number, with the 63.45 range floor below
  • A recovery through the ema20 at 65.23 and the 38.2% drop fib near 65.52 would break the lower-high sequence; the weekly open at 66.13 sits above that
  • Thu Williams 08:10 UTC, Jobless Claims 12:30 UTC (f/c 201K) and Hammack/Paulson remarks could materially shift this read

18:05 UTC

Downtrend from Wednesday's reversal, near-term oversold-leaning · RSI 31 · price 64.634

Lower highs since Wednesday Asia; week range broken to the downside.

Wednesday erased all of Tuesday's NY-session rally. After a false break above Friday's high to 67.53, selling built from Asia through London and extended into NY hours as the US PMI beats lifted the dollar, taking out the tue low at 64.55 and printing a week low at 64.28. Price sits below EMA(20) near 65.20 under a falling trendline of lower highs, with RSI(14) near 31. The late bounce is stalling below the 64.91 bounce high, and the 38.2% fib of the 67.53–64.28 drop sits at 65.52.

Support: 64.55, 64.276, 64.00

Resistance: 64.906, 65.20, 65.52

What it said to watch

  • H1 close back above the 64.91 bounce high and the falling trendline weakens the lower-high sequence
  • Recovery through ema20 (~65.20) toward the fib 38.2% at 65.52 would mark a corrective phase rather than a continuation
  • Failure to hold the 64.28 week low exposes the 64.00 round number
  • Acceptance back above the tue low at 64.55 is the first sign the range break is losing traction
  • Thu: Fed's Williams 08:10 UTC and Initial Jobless Claims 12:30 UTC (f/c 201K) could materially shift this read

17:06 UTC

Downtrend from week high, momentum stretched · RSI 33 · price 64.488

Double top near 67.50, lower highs, Tuesday low broken.

Silver reversed from a 67.50–67.53 double top set late Tuesday and early Wednesday. It carved lower highs through the Asia and London sessions before hot US PMI beats during NY hours lifted the USD and broke Tuesday's 64.55 low, printing a week low at 64.31. Price now trades below EMA(20) near 65.37, which lines up with the 38.2% retracement of the Wednesday sell-off around 65.54. RSI(14) sits near 32, marginally firmer on the retest of the low than on the initial PMI flush.

Support: 64.311, 64.00

Resistance: 64.55, 65.37, 66.129

What it said to watch

  • Hourly close back above the tuesday low at 64.55 would turn the break into a false break
  • Failure to hold the week low at 64.31 extends the sell-off toward the 64.00 round number
  • Reclaim of ema20 near 65.37 and the lower highs line would neutralise the Wednesday sell-off structure
  • Weekly open at 66.13 is the level that separates this week's range from the breakdown
  • Williams (Thu 08:10 UTC) and Jobless Claims (Thu 12:30 UTC) could materially shift this read via October hike pricing

16:04 UTC

Downtrend, oversold · RSI 26 · price 64.513

Lower highs and lower lows from Tuesday's 67.53 week high.

Silver reversed from Tuesday's NY-session week high at 67.53 through today's Asia and London sessions. The US flash PMI beats and the USD push to a two-month high then extended the slide to a fresh week low at 64.34 during NY hours, breaking beneath Tuesday's 64.55 low and the Monday–Tuesday range. Price sits below EMA(20) near 65.46, EMA(50) and the 66.13 weekly open, with lower highs capping each bounce and RSI(14) oversold near 26. The first recovery stalled at the 64.91 bounce high.

Support: 64.341, 64.00

Resistance: 64.906, 65.46, 66.129

What it said to watch

  • An H1 close above the 64.91 bounce high and the lower-highs trendline would ease the downtrend read
  • Failure to hold the 64.34 week low exposes the 64.00 round number
  • A recovery through the ema20 near 65.46 and the 38.2% fib at 65.56 would put the weekly open at 66.13 back in play
  • Thu Initial Jobless Claims (12:30 UTC) and Williams/Hammack Fedspeak could materially shift this read

15:05 UTC

Sharp intraday downtrend inside a wider range · RSI 30 · price 64.812

Double top at 67.32/67.53, probing below Tuesday low.

Silver has swung inside a 64.34–67.53 range since Monday's 66.13 weekly open. Tuesday evening's rejection near 67.50 formed a double top against Friday's 67.32 high. The Wednesday selloff began in Asia, extended at London open and printed a wed low of 64.34 during NY hours as hot US PMI beats lifted the dollar, briefly undercutting the 64.55 Tuesday low before a bounce back above it. RSI(14) sits near 30 with price well under both EMAs, while the 65.35 lower high sits just below the 38.2% retrace of the Wednesday selloff at 65.56.

Support: 64.55, 64.34

Resistance: 65.35, 66.13, 67.53

What it said to watch

  • H1 close below the 64.34 wed low confirms the double top break and exposes the ~62.00 area from last week's post-Fed low
  • Holding back above the 64.55 Tuesday low leaves the dip below it as a potential false break
  • Recovery through the 65.35 lower high and 65.56 fib level would put the 66.13 weekly open back in play
  • Thursday's Jobless Claims (12:30 UTC, f/c 201K) and Williams/Hammack remarks could materially shift this read

14:05 UTC

Downtrend, stretched after range break · RSI 29 · price 64.643

Double top 67.32/67.53, lower highs all Wednesday, tue low 64.55 broken.

Tuesday's London-open flush to 64.55 reversed through NY to a 67.53 week high, only for Wednesday to print lower highs from the Asia session. That completed a double top with Friday's 67.32 as the USD pressed seven-week highs on hawkish Fed repricing. The slide accelerated at London open and extended into NY. The bar spanning the US flash PMIs broke the tue low and set a 64.34 week low, leaving price well below ema20 (~65.66) and the weekly open at 66.13 with RSI(14) near 29.

Support: 64.341, 64.07

Resistance: 64.55, 65.66, 66.129

What it said to watch

  • H1 close back above 64.55 (tue low) would turn the range break into a false break
  • Failure to hold the 64.34 week low extends the lower-low sequence toward the 64.07 thu low
  • A rebound into ema20 near 65.66 and the 38.2% fib of the Tuesday–Wednesday drop (~65.56) is the first test of the lower highs
  • A close above the weekly open at 66.13 (near the 61.8% fib) would undercut the double top read
  • Fed's Barr at 14:05 UTC and Thursday's jobless claims could materially shift this read

13:29 UTC

Intraday downtrend inside the weekly range · RSI 35 · price 65.16

Lower highs from 67.50 after rejection at week high; 64.55–67.53 range intact.

Wednesday's session opened at 67.17 and stalled at 67.50, just under Tuesday's 67.53 week high. Price then slid steadily through Asia and London to a 64.80 session low, unwinding most of Tuesday's London-to-NY rally as the USD pushed to a two-month high on hawkish Fed speak. Price now sits below ema20 (~65.83) with RSI(14) near 35 and is pinned at the 78.6% level of the Tuesday rally fib, while the 64.55 Tuesday low still holds as the floor of the week's range.

Support: 64.80, 64.55, 63.85

Resistance: 65.52, 65.83, 66.13

What it said to watch

  • US flash PMIs at 13:45 UTC and Fed's Barr at 14:05 UTC could materially shift this read
  • H1 close below the 64.80 session low exposes the 64.55 Tuesday low, the week's range floor
  • Failure to hold 64.55 breaks the weekly range and brings the 63.85 low from last Thu into view
  • H1 close back above the 65.52 lower high and ema20 (~65.83) invalidates the intraday lower-high sequence, with the 66.13 weekly open above

12:11 UTC

Downtrend, extending lower · RSI 33 · price 65.105

Lower highs and lower lows since Tuesday's NY high.

Silver has rolled over from the 67.53 print in Tuesday's late NY session, and the Asia and London sessions today dragged price through the 66.09 prior-day low and the weekly open at 66.13 down to 64.80. Price is trading roughly 0.8 below EMA(20) with RSI(14) near 33 and no divergence yet, and every bounce has stalled well under the 65.52 session high. Hawkish Fed repricing plus a thinner geopolitical risk premium are the drivers behind the fade, per the macro read.

Support: 64.80, 64.55

Resistance: 65.52, 66.09, 66.39

What it said to watch

  • US flash PMIs at 13:45 UTC and Fed's Barr at 14:05 UTC are the immediate risk to this structure
  • An H1 close back above the 66.09 prior-day low, and then the 66.39 break level, would neutralise today's breakdown
  • Failure to hold the 64.80 session low puts the 64.55 week low back in play as a lower-low confirmation

11:04 UTC

Downtrend, impulsive leg extending · RSI 30 · price 65.193

Lower highs and lower lows since the Asia-session peak; basing just above the session low.

Price printed the week high at 67.497 in the Asia session and has been sold in steps through London, losing the 66.05 EMA(20) and extending to a 65.057 session low — a hawkish Fed chorus and USD at seven-week highs are the cited drivers. Each bounce has been capped lower, with 65.52 the latest reaction high, and the last three bars have gone flat in a tight 65.06–65.52 consolidation. RSI(14) near 30 is the lowest reading of the four-day window without any bullish divergence yet.

Support: 65.057, 64.55

Resistance: 65.52, 66.05, 67.497

What it said to watch

  • An hourly close back above the 66.05 ema20 would break the lower-high sequence off the week high
  • Failure to hold the 65.057 session low opens the path toward the 64.55 week low
  • US flash PMIs at 13:45 UTC and Fed's Barr at 14:05 UTC land inside the next two bars and could reshape this read

10:05 UTC

Downtrend, this week's rebound unwound · RSI 34 · price 65.194

Lower highs / lower lows since Tuesday's 67.53 peak, trading below the weekly open.

The Monday-Tuesday recovery into 67.53 stalled, and the slide from today's 67.45 day high has cut through the 66.60 prior swing and the 66.13 weekly open in one Asia-into-London leg, with hawkish Fed commentary and a seven-week-high dollar the cited driver. Price is now pinned beneath both EMA20 (~66.10) and EMA50 (~66.25), with RSI(14) down at 34 and no divergence yet on the latest leg. The 65.06 day low sits directly above the 65.00 round number, and the two failures within 8 cents of 67.5 leave a double-top look on the week's high.

Support: 65.057, 65.00, 64.55

Resistance: 66.13, 66.60, 67.449

What it said to watch

  • An H1 close back above the 66.13 weekly open would break the lower-high sequence off the day high
  • Failure to hold the 65.00 round number and the 65.06 day low would extend the sequence toward the 64.55 swing low
  • US flash PMIs at 13:45 UTC and Fed's Barr at 14:05 UTC fall inside the next few bars and can reset this structure

08:04 UTC

Rolling over from range top, intraday downtrend · RSI 36 · price 65.391

Lower highs since the 67.50 rejection; price back under EMA20.

Tuesday's late-NY push to the 67.50 week high was matched but not exceeded in Asian hours, and the subsequent slide through the 66.60 broken shelf has dropped price back under EMA20 at 66.26 with RSI(14) down to 36. The fade fits the hawkish Fed repricing and a firm dollar capping rallies below the range top — the decline has now retraced roughly 70% of Tuesday's 64.55–67.53 impulse. Wednesday's session low at 65.31 is the immediate reference below spot, with Tuesday's 64.92 low and the 64.55 week low beneath it.

Support: 65.31, 64.92, 64.55

Resistance: 66.26, 66.60, 67.50

What it said to watch

  • An H1 close back above the 66.60 broken shelf and ema20 at 66.26 would negate the lower-highs sequence off the week high
  • Failure to hold the 65.31 session low exposes the 64.92 tue low and the 64.55 week low
  • US flash S&P Global PMIs at 13:45 UTC and Fed's Barr at 14:05 UTC could materially reset this read

07:06 UTC

Pullback inside this week's range, momentum rolling over · RSI 48 · price 66.039

Lower highs since the Wednesday Asia peak, price back under EMA20/EMA50.

Tuesday's London slide to 64.55 — the week low — was fully retraced through the NY session, with the advance topping at 67.53 (week high) just beneath the $68.00 range cap before being rejected in early Wednesday Asia hours. Price is now back below the EMA20 at 66.41 and the EMA50, resting on the 66.00 round number and the 50% retracement of that Tuesday impulse, with RSI(14) back to 48 from stretched readings at the highs. Hawkish Fed rhetoric and a dollar at seven-week highs are the backdrop to the fade.

Support: 66.00, 65.63, 64.55

Resistance: 66.41, 66.714, 67.53

What it said to watch

  • H1 close back above the 66.41 ema20 and the 66.71 prior high would end the lower-highs sequence
  • Acceptance below the 66.00 round number exposes 65.63 (tue ny low) and, deeper, the 64.55 week low
  • US flash S&P Global PMIs at 13:45 UTC are the session's main catalyst and could reset this read

06:06 UTC

Range-bound, upside break rejected · RSI 47 · price 66.263

Lower high after false break of 67.53; still above Tuesday's 64.55 base.

Friday's 67.32 peak was cleared late in Tuesday's NY session at the 67.53 week high, but the break failed and Wednesday's Asia session wiped out 80 cents in a single hour, dropping price back under the EMA(20) at 66.46 and onto the EMA(50). The 64.55 week low was printed during Tuesday's London hours as a run of hawkish Fed commentary kept the dollar bid; the recovery from it has since stalled beneath the 66.71 session high, with this morning compressing into a 66.15–66.71 band. RSI(14) has unwound to 47 from the overbought reading set at the highs, leaving the 64.55–67.53 weekly range intact.

Support: 66.15, 65.63, 64.55

Resistance: 66.46, 66.71, 67.53

What it said to watch

  • An hourly close back above the 66.46 ema20 would undo the lower high built off the week high
  • Failure to hold the 66.15 session low exposes the 65.63 swing low from Tuesday's NY session
  • US flash S&P Global PMIs at 13:45 UTC are the session's main event risk and could resolve the range

05:08 UTC

Two-way, recovery momentum stalling · RSI 53 · price 66.595

Broad 64.55–67.53 range, pullback into ema20 after rejection.

Tuesday's London session drove the week's low at 64.55 as hawkish Fed commentary lifted the dollar, before a sustained NY-session recovery ran to 67.53 and Asia extended to 67.50 early Wednesday. That push was rejected immediately — one hour wiped ~90 cents back through the prior close at 67.05, and price has since coiled in a 66.35–66.71 band with RSI(14) back at 53 and the ema20 at 66.51 directly underneath. Net effect is a mid-range hold: the Tuesday impulse has retraced roughly a third and the session low at 66.35 is the immediate reference.

Support: 66.51, 66.35, 65.39

Resistance: 66.71, 67.05, 67.50

What it said to watch

  • US flash PMIs at 13:45 UTC plus Fed's Barr are the session's main event risk and can resolve this consolidation either way
  • Hourly close back above the 67.05 prior close would put the 67.50 week high back in play
  • Loss of the 66.35 session low, and then the ema20 failing to cap on a retest, shifts focus to the 65.39 swing low
  • Acceptance below 65.39 would re-open the 64.55 week low

04:05 UTC

Recovery leg stalling after week-high rejection · RSI 61 · price 66.596

Higher low off 64.55, first lower high forming under 67.53.

Silver opened the week at 66.13, slid to 64.55 in Tuesday's Asia session as the hawkish Fed chorus firmed December pricing, then ran a clean three-dollar recovery through London and NY to a 67.53 week high late in the US session. That high was rejected and this morning's Asia hours cut 67.50 back to 66.53 in a single bar, parking price on the 38.2% retracement of the recovery leg at 66.39 and right on the EMA(20) at 66.51, with EMA(50) at 66.26 below. RSI(14) has cooled from the high-70s at the week high to 61, so the pullback is unwinding momentum rather than breaking the recovery structure.

Support: 66.39, 66.13, 64.55

Resistance: 67.09, 67.53

What it said to watch

  • An H1 close back above 67.09 would negate the lower high left under the 67.53 week high
  • Failure to hold the 38.2% fib at 66.39 exposes the 66.13 weekly open and confirms a deeper give-back of the recovery leg
  • US S&P Global flash PMIs at 13:45 UTC plus Fed's Barr at 14:05 UTC are the session's main event risk for this read

03:05 UTC

Uptrend stalled, momentum reversing lower · RSI 57 · price 66.367

Higher lows off Tuesday's 64.92 low, but week-high rejection has capped the advance.

Silver ground higher through the NY session on Tuesday from 65.63 to a 67.50 week high, then gave the entire Asian-session gain back in a single hour, closing back onto the 100-dma at 66.39 — a false break of last week's 67.25–67.30 range cap rather than a clean extension. Price now sits just under EMA20 at 66.48 but above EMA50, with RSI(14) rolling off from the mid-60s to 56 as the hawkish Fed repricing keeps rallies contained. The week's chop remains framed by 64.92 on the downside and the 67.50 rejection high above.

Support: 66.39, 65.98, 65.63

Resistance: 66.48, 67.05, 67.50

What it said to watch

  • Hourly close back above the 66.48 ema20 and 67.05 prior high would negate the week-high rejection
  • Loss of the 66.39 100-dma opens the 65.98 prior low, then the 65.63 swing low
  • US flash PMIs at 13:45 GMT and Fed's Barr at 14:05 GMT could materially shift this read within the next few bars
  • A second failure below 67.50 without a new high would confirm the range cap

02:05 UTC

Recovery uptrend, momentum cut by Asia reversal · RSI 59 · price 66.579

Higher lows off 64.55, but week high rejected back into EMA20.

The week opened at 66.13 and sold off into Tuesday's London session to 64.55 as hawkish Fed repricing pushed October hike odds toward 53%, before a sustained sequence of higher lows carried price through the NY session to a week high of 67.53. That push cleared last week's 67.25 prior high only briefly: the first hours of the Asia session erased 0.95 in two bars, leaving price back at 66.58 and sitting on the EMA20 at 66.51. RSI(14) has rolled over from the upper 60s toward 59 while price is still above both EMA20 and EMA50, so this-week's recovery structure is intact but the failed extension above 67.25 stands as a false break.

Support: 66.51, 66.13, 64.55

Resistance: 67.25, 67.53

What it said to watch

  • US flash S&P Global PMIs Wed 13:45 UTC (Services f/c 56, Manufacturing f/c 53.5) plus Fed's Barr at 14:05 UTC — the dominant catalyst for the next bars
  • Hourly closes back above 67.25 prior high would negate the false break read
  • Loss of the EMA20 at 66.51 and then the 66.13 weekly open would break the higher-low sequence off 64.55
  • Acceptance below 66.13 re-opens the 65.39–64.55 week low area as the reference zone to monitor

01:06 UTC

Uptrend, extended after NY impulse · RSI 74 · price 67.156

Higher highs and higher lows since Tuesday's Europe low; week high reclaimed.

Monday–Tuesday's grind lower bottomed at 64.55 in the European session, and the NY session drove a near three-dollar recovery that reclaimed the 66.39 area that had capped price twice and then cleared last week's 67.25–67.30 swing high, printing a week high at 67.53. The rebound came against the hawkish-Fed dollar backdrop that had pressured metals earlier in the week, so the move has been momentum-led rather than data-led. Asia is holding a tight 67.01–67.50 range above EMA(20) at 66.42, with RSI(14) near 74 — the most stretched reading of the week.

Support: 67.01, 66.87, 66.42

Resistance: 67.53, 68.00

What it said to watch

  • US flash PMIs Wed 13:45 UTC and Fed's Barr at 14:05 UTC land inside the next bar block and can materially reset this read
  • Hourly close back below the 67.01 session low would be the first break in the higher-low sequence
  • Loss of the 66.87 breakout base would put the reclaimed 66.39 zone and EMA(20) back in play
  • Acceptance above the 67.53 week high opens the 68.00 round number as the next reference
  • RSI(14) near 74 with price flat in Asia would leave a bearish divergence if a new high prints on weaker momentum

00:06 UTC

Uptrend, extended after breakout · RSI 77 · price 67.375

Higher highs and higher lows since Tuesday's 64.55 low; last week's 67.32 high taken out.

The week's dominant move was the NY-session squeeze on Tuesday, which lifted silver from the 65.63 higher low straight through the 66.39–66.49 pivot area and on to a 67.529 week high — the soft-yield/short-covering path flagged after hawkish Fedspeak had already been well owned. Wednesday's Asia session has held a tight 67.14–67.45 band above the 67.010 session low, with price extended well above the H1 EMA(20) at 66.49 and RSI(14) near 77. Momentum is one-directional but stretched, and the 67.529 week high is the immediate cap.

Support: 67.01, 66.49, 65.633

Resistance: 67.529, 68.00

What it said to watch

  • S&P Global flash PMIs at 13:45 UTC and Fed's Barr shortly after can materially reprice this move
  • An hourly close above 67.529 week high opens the 68.000 round number
  • Loss of the 67.010 session low would be the first crack in the higher-low sequence
  • A close back below the 66.490 ema20 would undo Tuesday's NY breakout and return focus to the 65.633 higher low

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