Silver remains in a clear H4 downtrend, printing fresh 2026 lows at 56.53 after a near-vertical collapse from the high-60s on the hawkish-Fed USD bid. In-line PCE has removed fresh downside fuel, allowing an oversold bounce that is now stalling under the 58.99 swing high. ATR remains elevated, so the bounce is occurring within an expanding, volatile regime rather than a settled base.
Support: 56.534, 55.63
Resistance: 58.99, 61.06
What it said to watch
H4 close above 58.99 opens room toward the 61.06 round number
Loss of 56.53 confirms continuation and exposes the 55.63 seven-month low
UoM Michigan sentiment + inflation expectations Fri 14:00 UTC and Fed speakers could shift this read
Lower highs and lower lows, fresh 2026 low printed.
Silver remains in a clean H4 downtrend, carving fresh 2026 lows into the high-$55s as the hawkish-Fed USD bid drove an ~18% YTD collapse. Price is staging an oversold bounce off the 55.63 seven-month low after in-line US PCE removed fresh downside fuel, but rallies are capped at the 58.99 swing high and price stays well below both EMA20 and EMA50. Structure stays bearish until the lower-high sequence is broken.
Support: 55.63
Resistance: 58.987
What it said to watch
Close above 58.99 swing high needed to break the lower-high sequence
Loss of 55.63 seven-month low opens deeper losses
UoM Michigan sentiment & inflation expectations Fri 14:00 UTC could shift this read
Lower highs and lower lows, basing attempt at the lows.
Silver remains in an accelerating downtrend, collapsing from ~67 to a seven-month low at 55.61 this week on hawkish-Fed/USD repricing and firm US data (GDP beat, in-line core PCE). ATR(14) is expanded, confirming the down-leg is extending, but a stabilisation near 56 and today's recovery to 58.79 mark a deeply oversold corrective bounce. Price sits well below EMA20 and EMA50 with the 59.5 swing high the first overhead test.
Support: 55.609
Resistance: 59.547, 61.058, 62.89
What it said to watch
H4 close above the 61.06 prior low and into the 62.89 recovery zone would neutralise the down-leg
Failure to hold 55.63 confirms a fresh lower-low toward 55 psych
Fed's Williams (19:40 UTC) and Goolsbee (22:30 UTC) speak today could materially shift this read
Silver remains in a steep downtrend, shedding nearly 20% over the window as hawkish-Fed repricing drove the USD to one-year highs; price cratered from the low-70s through 60 into a 55.61 swing low. Today's firm/in-line US data (core PCE 3.4%, GDP 2.1% beat) kept the broader pressure on, but RSI near 33 reflects a stretched, oversold market that has produced a small corrective bounce off the lows. Structure stays bearish below the 61.06 swing high and the 62.89 nine-day EMA zone.
Support: 55.609
Resistance: 61.058, 62.89
What it said to watch
Close below 55.61 swing low opens deeper losses toward the $55 area
Reclaim of the 62.89 ema zone would challenge the lower-high structure
Fed's Williams (19:40 UTC) and Goolsbee (22:30 UTC) could materially shift this read
Lower highs and lower lows, fresh multi-month low.
Silver remains in an aggressive H4 downtrend, having sliced from the mid-60s through 60 and into the 57s as hawkish-Fed repricing and a one-year-high USD drove a broad debasement-trade unwind. The leg from 62.37 to the 55.61 low is the latest impulse; price is now stabilising in the 57s but holds well below EMA20 and EMA50, with RSI near 28 flagging stretched conditions. Expanded ATR confirms the move is still trending rather than compressing.
Support: 55.63, 55.00
Resistance: 59.55, 62.37
What it said to watch
H4 close below 55.63 confirms a lower-low and opens the 55.00 psych zone
Reclaim of 59.55 bounce high would ease the oversold downtrend read
Fed speakers (Williams/Goolsbee) today could materially shift this read
Lower highs and lower lows, consolidating above seven-month low.
Silver remains in an aggressive downtrend, having collapsed from the mid-60s through 61, 60 and into the 57s on hawkish-Fed rate-hike repricing and a one-year-high USD; today's in-line Core PCE offered no relief. ATR(14) is heavily expanded, confirming a trending impulse rather than compression, and RSI(14) sits near 27 in oversold territory. Price is now consolidating in a tight 56.3-57.9 band directly above the 55.61 seven-month low.
Support: 56.338, 55.609
Resistance: 57.882, 59.547
What it said to watch
H4 close below 55.61 opens the ~55 psych zone
Fed speakers Williams (19:40 UTC) and Goolsbee (22:30 UTC) could trigger an oversold snapback
Reclaim of 59.55 would challenge the lower-high structure
09:03 UTC
Downtrend, extended · RSI 33 · price 57.392
Lower highs and lower lows, sub-57 lows.
Silver remains in a steep multi-day downtrend, collapsing from the $76 area into fresh sub-57 lows as a hawkish-Fed repricing and a one-year-high USD unwind the precious-metals bid. Price prints lower highs and lower lows well below EMA20 and EMA50, with ATR(14) expanded — a trend-extension regime rather than compression. RSI near 32 flags oversold conditions, leaving the move stretched but unbroken.
Support: 55.00
Resistance: 59.50
What it said to watch
H4 close below 55.00 extends the breakdown toward fresh lows
Reclaim of 59.5 breakdown level would challenge the lower-high sequence
US Core PCE in ~3.8h is a high-impact event that could materially shift this read
Silver remains in freefall on the H4, down ~14% from the $66 area as hawkish-Fed repricing and a one-year-high USD unwind the precious-metals 'debasement' trade. Structure is a clean sequence of lower highs and lower lows, with the latest leg slicing through the $61 and $59.5 prior-support shelf into the mid-$56s before a modest bounce. RSI near 31 marks the move as stretched, and ATR remains elevated, signalling trend expansion rather than compression.
Support: 55.00
Resistance: 59.509
What it said to watch
US Core PCE in ~3.8h (f/c 3.4%) could materially shift this read
H4 close below 55.00 confirms continuation of the downtrend
Reclaim of 59.509 would be the first crack in the lower-high structure
05:03 UTC
Downtrend, extended · RSI 34 · price 57.51
Lower highs, lower lows; fresh 2026 low.
Silver remains in freefall on the H4, slicing through the sub-$60 floor to a fresh 2026 low at 55.61 before a modest stabilisation back to 57.51. The breakdown is driven by hawkish-Fed repricing and a USD pinned at one-year highs crushing non-yielders. ATR(14) is expanding sharply, confirming trend extension rather than compression, with price trading well below both EMA20 and EMA50.
Support: 55.609, 55.00
Resistance: 61.00
What it said to watch
US Core PCE today 12:30 UTC (f/c 3.4%) could materially shift this read
Failure to hold 55.61 confirms continuation toward the 55.00 psych level
H4 close back above 61.00 supply would invalidate the breakdown read
05:03 UTC
Downtrend, accelerating · RSI 28 · price 57.51
Lower highs and lower lows, sub-60 breakdown.
Silver remains in a steep multi-week downtrend, shedding from the mid-67 area to a fresh 2026 low at 55.61 as hawkish-Fed repricing and a one-year-high USD crush non-yielders. The clean break below 60 has extended the slide; price bounced off 56.53 but trades well below EMA20 and EMA50 with ATR expanding, signalling trend extension rather than exhaustion. The sub-60 zone has flipped to overhead supply with 61/62 capping.
Support: 55.609
What it said to watch
Core PCE YoY (f/c 3.4%) at 12:30 UTC could materially shift this read; a soft print risks an oversold relief squeeze toward 61
Loss of 55.61 confirms continuation toward the 55 psych level
H4 close back above 61 would neutralise the breakdown structure
01:03 UTC
Downtrend, accelerating · RSI 26 · price 57.658
Lower highs, lower lows; fresh 6-month lows.
Silver remains in a relentless downtrend, sliced from the $66 area to fresh 6-month lows near 55.61 as hawkish-Fed repricing and a one-year-high USD unwound the debasement trade. The $60.00 psychological floor gave way decisively and now caps as resistance, with last bar's stall at 57.66 a shallow pause inside a heavy structure. ATR(14) is expanding as the move extends, and price sits well below both EMA20 and EMA50.
Support: 55.609
Resistance: 60.00
What it said to watch
US Core PCE at 12:30 UTC could materially shift this read
Failure to hold 55.61 confirms downside continuation
An H4 close back above 60.00 would ease the breakdown read
01:03 UTC
Downtrend, accelerating · RSI 30 · price 57.658
Successive lower highs and lower lows, fresh 6-month lows.
Silver has been in a sustained multi-week decline, collapsing from the ~$67 area to fresh 6-month lows at 55.609 as hawkish-Fed repricing and a one-year-high dollar unwound the metals bid. Structure is cleanly bearish with price stacked well below EMA20 and EMA50, and the recent acceleration through the prior 60–62 shelf confirms a breakdown. RSI is deeply oversold but shows no reversal divergence yet; ATR(14) is expanding as the move extends.
Support: 55.609
Resistance: 60.00
What it said to watch
US Core PCE at 12:30 UTC (~12h) is the key swing factor and could materially shift this read
Close below 55.609 confirms continuation of the lower-low sequence
Reclaim of the 60.00 psych floor would be the first sign of easing downside pressure