Higher-highs on the week, current leg pressing back toward weekly high.
Silver gapped sharply higher into Monday's session open, printing a weekly high at 78.80 before sellers faded the move and dragged price back to 75.73 during the NY session. Buyers reclaimed the EMA(20) through the latter half of NY and into Asia, with price now grinding back toward 77.25 and RSI(14) cycling near 60. Kashkari's hawkish Middle East inflation comments have kept the broader risk premium bid, supporting the recovery leg.
Support: 76.42, 75.95, 75.18
Resistance: 77.85, 78.80, 77.25
What it said to watch
Sustained close above 77.85 weekly high reopens the path to the 78.80 spike high
Failure to hold 76.42 intraday pivot reintroduces 75.95 session low
Break below 75.18 weekly low invalidates the higher-highs read
22:01 UTC
Uptrend, momentum cooling near range top · RSI 58 · price 76.945
Higher-low base, retest of 77.00 breakout.
Silver gapped sharply higher into the new week, printing 78.80 before unwinding the spike back toward the prior breakout shelf at 76.40. Price has since rebuilt above EMA(20) with RSI(14) cycling in the mid-50s, and the late NY session today reclaimed 77.00 on a clean impulse. Structure holds a higher-low base since the Tuesday lows around 74.40, with the 78.20 spike high acting as the immediate cap.
Support: 76.40, 75.95
Resistance: 77.10, 78.20, 78.80
What it said to watch
H1 close back below 76.40 reopens the 75.95 EMA20 area
Sustained acceptance above 77.10 week high exposes the 78.20 spike high
Middle East headline flow (Kashkari, Hormuz commentary) remains the dominant macro driver for silver this week
Silver carved a week low near 75.73 early in the period, then ripped to a week high of 78.80 during the next session before fading back into a 76.00–77.00 range. Last NY session saw demand stepping in around 75.90 with the late push reclaiming 77.05 into the close, leaving price holding above both EMA20 and EMA50.
Support: 76.40, 75.95, 75.73
Resistance: 77.05, 78.20, 78.80
What it said to watch
H1 close above 77.05 session high opens path back toward the 78.20 prior high
Loss of 76.40 session pivot exposes 75.95 prior low and the 75.73 week low
RSI cooling from 58 — failure to hold above midline would weaken the rebound read
20:01 UTC
Uptrend, consolidating after pullback · RSI 58 · price 77.023
Higher highs into 78.80, pullback holding above 76.00.
Silver gapped higher into Monday's session and printed the week high at 78.80 before sellers faded the move during NY hours, dragging price back to 76.00 where demand stepped in. Last two hours have reclaimed 77.00 with RSI back near 58, putting price between the 76.00 pullback low and the 78.20 prior high. FXStreet flagged a bearish undertone at 76.43 earlier; that read has softened as the level held.
Support: 76.00
Resistance: 77.10, 78.20, 78.80
What it said to watch
Hourly close back below 76.00 pullback low would break the higher-low sequence
Reclaim of 78.20 prior high opens the path to retest the 78.80 week high
Failure at 77.10 session high keeps the consolidation intact
19:01 UTC
Uptrend pulling back · RSI 43 · price 76.445
Higher-high then deep retrace, basing.
Silver gapped higher into Monday's session and printed a week high at 78.05 before unwinding sharply through NY hours, with a 1.8-dollar slide closing the gap edge near 77.10. Price has spent the last 12 hours basing between 75.90 and 76.65, with RSI(14) hovering in the low-40s and price trading below both EMA20 and EMA50. The 76.45 area marks the midpoint of the retrace, with sellers capping each rebound attempt into the swing high.
Support: 75.90, 75.48, 74.66
Resistance: 76.65, 77.10, 78.05
What it said to watch
H1 close back above 77.10 reopens the gap edge and week high at 78.05
Loss of 75.90 intraday low exposes Monday's 75.48 range high then the 74.66 week low
Middle East ceasefire headlines could materially shift this read given the safe-haven bid driving the gap
18:01 UTC
Uptrend, momentum cooling · RSI 43 · price 75.94
Pullback within this-week uptrend.
Silver gapped higher into Monday's session and tagged 78.80 before a sharp NY-session unwind dragged price back toward 75.95, where it has been chopping for the last 12 hours. Price now sits below EMA(20) but holds above the rising EMA(50), and RSI(14) has cooled into the low-40s as the pullback matures. The 75.65 swing low is the immediate pivot defining whether this is a flag inside the week's uptrend or a deeper retracement.
Support: 75.65, 75.18
Resistance: 76.65, 78.80
What it said to watch
H1 close below 75.65 swing low opens path to 75.18 prior low
Reclaim of 76.65 session high would re-engage the upside structure
Middle East headline flow remains the dominant macro driver
Broke to 78.80 then sold off to 75.73, now basing near 76.15.
Silver gapped higher into Monday's NY session to print a week high at 78.80 before unwinding the entire move in a single sharp slide back to 75.73 during yesterday's NY hours. Price is now basing around 76.15 with RSI(14) recovering off the low into the mid-40s, but it remains capped below the H1 EMA(20) near 76.65. The fxstreet desk note flagging a firmer USD and hawkish Fed pricing aligns with the rejection from 78.80.
Support: 75.73, 75.40
Resistance: 76.65, 77.10, 78.80
What it said to watch
Hourly close back above 76.65 ema20 would reopen the 77.10 shelf
Loss of 75.73 week low confirms a lower-low and opens 75.40 prior swing
Middle East headline risk could drive an outsized move on either side
16:01 UTC
Uptrend, momentum cooling · RSI 43 · price 75.989
Higher highs after Monday gap, pulling back.
Silver opened the week with a sharp gap higher to 78.80 before fading through the NY session yesterday and into today, with the soft US Consumer Confidence print adding to the pullback. Price has slipped back under EMA(20) and is now testing the 75.90–76.00 shelf, with RSI(14) rolling off into the low-40s after divergent highs near 78. Structure remains higher overall versus last week, but intraday momentum has flipped lower.
Support: 75.65, 75.18
Resistance: 76.65
What it said to watch
H1 close below 75.65 swing low opens the Mon gap edge at 75.18
Reclaim of 76.65 session high stabilises the uptrend read
Middle East headlines remain the dominant catalyst for this pair
Higher highs into 78.80, now retracing toward mid-range.
Silver ripped from the 75.40 week low to 78.80 in a single impulsive London-NY leg, then rolled over with a sharp rejection back through 77.00 on the latest NY session. Price now sits around 76.29, below EMA20 but holding the EMA50 zone, with RSI cycling in the 40s and a bearish divergence printed against the 78.80 high. The FXStreet read of a firmer USD and hawkish Fed expectations aligns with the failure to hold above 77.83.
Support: 75.95, 75.48, 74.66
Resistance: 76.65, 77.83, 78.80
What it said to watch
Hourly close back above 76.65 swing high reopens the 77.83 prior high
Loss of 75.95 swing low exposes the 75.48 week pivot and 74.66 week low
Middle East headlines remain the dominant catalyst for this read