NY-session rally off the 55.69 low peaked at the 59.56 swing high, a corrective bounce from oversold after in-line US PCE pulled the dollar back. Price has since carved lower highs, slipped under EMA20 and is leaning on the 58.51 session low; the 59.00 round number now caps.
Support: 58.51, 58.00
Resistance: 59.00, 59.56
What it said to watch
M15 close below 58.51 session low opens 58.00 round number
Reclaim of 59.00 round number needed to revive the bounce toward the swing high
20:46 UTC
Intraday uptrend, pulling back · RSI 43 · price 58.63
Rally off lows, corrective fade from session high.
Sharp NY-hours squeeze off the $55.70 oversold low ran to 59.56 after the in-line PCE print, then ran out of steam and faded into the close. Price now corrective at 58.63, holding the 23.6% retrace area with the session low at 58.51 and psych 59.0 capping above; RSI cooled to the low-40s.
Support: 58.51, 58.08, 58.00
Resistance: 59.00, 59.56
What it said to watch
Loss of 58.51 session low opens the 58.08 fib 38.2 and 58.0 psych
Reclaim of 59.0 psych puts the 59.56 session high back in play
Thin late-session liquidity can exaggerate moves into the early-July US holiday
20:32 UTC
Corrective pullback after rally · RSI 46 · price 58.623
Lower highs off 59.56 peak.
Silver squeezed off the 55.69 lows through the NY session, peaking at 59.56 on the oversold bounce after in-line PCE before stalling. Price has since drifted into lower highs and is pressing the 58.55 swing low, holding just above EMA50 with RSI cooling toward neutral.
Support: 58.555, 58.00
Resistance: 59.00, 59.56
What it said to watch
Close back above 59.0 reopens the 59.56 swing high
Loss of 58.55 confirms a lower-low and exposes 58.0
20:31 UTC
Corrective bounce, rolling over · RSI 42 · price 58.623
Lower highs off 59.56 peak, pullback.
Silver recovered hard from the 56.03 low to a 59.56 NY-session high before stalling; an in-line PCE print took the wind out of the USD but the metal has since drifted into a pullback, printing lower highs into 58.62. RSI(14) has cooled toward 42 as price slipped back under the EMA20.
Support: 58.55, 58.21
Resistance: 59.05, 59.56
What it said to watch
M15 close below 58.55 confirms a lower low and extends the pullback
Reclaim of 59.05 needed to revive the bounce toward 59.56
Move holding above the 38.2 fib at 58.21 keeps the corrective structure intact
20:17 UTC
Corrective bounce fading, momentum rolling over · RSI 41 · price 58.658
Lower highs off 59.55, pullback from session high.
Silver's oversold corrective bounce peaked twice at 59.55 then faded through NY hours, with the latest bar slicing to a 58.59 session low. Price sits below EMA20 and the run of lower highs off 59.55 caps the move; the 59.00 round number is the immediate ceiling.
Support: 58.59, 58.00
Resistance: 59.00, 59.55
What it said to watch
Close below 58.59 opens the path toward 58.00
Reclaim of 59.00 negates the pullback and reopens 59.55
20:17 UTC
Uptrend stalled, rolling over · RSI 44 · price 58.658
Double-top near 59.5, pulling back to session low.
NY session corrective bounce off the week's lows topped near 59.56, leaving a double top before price rolled over and printed a fresh session low at 58.59, where it now sits. RSI(14) cooled to the mid-40s as the run from 56.38 lost steam; price slipped back below both EMAs.
Support: 58.59, 58.00
Resistance: 59.00, 59.56
What it said to watch
M15 close back above 59.00 negates the rollover and reopens the 59.56 session high
Loss of 58.59 session low confirms continuation toward 58.00
Lower-highs sequence intact while price holds below 59.00
NY session ran an oversold bounce off the 7-month lows, ramping from ~58.00 to 59.56 after in-line US PCE softened the dollar. Price has since stalled into late NY, consolidating between 58.83 and 59.56 with RSI(14) cooling back to mid-range.
Support: 58.83, 58.00
Resistance: 59.56, 60.00
What it said to watch
Close below 58.83 session low confirms a lower-low and pressures the rally base at 58.00
Reclaim of 59.56 session high reopens the 60.00 psych pivot
JOLTS/ISM next week are the next material catalysts for this read
Silver squeezed off the $55.69 session low to tag $59.56 during NY hours, an oversold corrective bounce that firmed after in-line US PCE pulled the dollar back. Price is now consolidating in the upper range and drifting toward $58.83, with RSI(14) cooling near 45 as the rally loses steam.
Support: 58.83, 58.24
Resistance: 59.56
What it said to watch
Close below 58.83 opens a deeper pullback toward 58.24
Reclaim of 59.56 session high resumes the corrective rally
Thin liquidity into the early-July US holiday can exaggerate moves
Silver staged a sharp corrective bounce off oversold lows, ripping from 56.38 to a session high of 59.56 during NY hours as the USD eased after in-line PCE. Price is now consolidating just under 59.13 and drifting toward the 58.83 session low, RSI(14) cooled back to neutral after the surge.
Support: 58.83, 58.50
Resistance: 59.13, 59.56
What it said to watch
Close above 59.56 resumes the corrective rally
Failure to hold 58.83 opens 58.50
JOLTS Tue 14:00 UTC could materially shift this read
Consolidation below session high after strong NY rally.
Silver ripped through the NY session from 56.40 to a 59.56 session high as the USD eased after in-line PCE, then stalled and is now consolidating 58.83–59.40. RSI(14) has cooled back to neutral near 49 as price slipped under EMA20, with supply capping each push toward 59.40.
Support: 58.83
Resistance: 59.40, 59.56, 60.00
What it said to watch
M15 close below 58.83 swing low confirms a lower-low and ends the consolidation
Reclaim above 59.56 session high reopens the path toward the 60.00 round number
Move is corrective within a broader downtrend; this is a bounce off oversold extremes
Sharp corrective bounce off the 7-month lows toward 59.56 has stalled, with price drifting back to the range low near 58.83 through late NY hours; in-line US PCE eased the USD bid and fuelled the squeeze. RSI(14) has cooled into the mid-40s as the rally fades, holding inside a 58.83-59.4 range.
Support: 58.83, 58.00
Resistance: 59.40, 59.56
What it said to watch
M15 close below 58.83 opens the path to 58.0
Reclaim of 59.4 needed to retest the 59.56 swing high
Tue JOLTS / Wed ISM cluster could materially shift this read
Consolidating below session high after sharp rally.
NY session drove an oversold corrective rally from sub-56 to a 59.56 session high after in-line US PCE trimmed hawkish Fed bets and softened the dollar. Price has since rounded over and is consolidating near 58.86, holding above the 58.83 session low with the 59.0 round number capping.
Support: 58.83, 58.00
Resistance: 59.00, 59.56
What it said to watch
Close above 59.56 resumes the rally toward the $60 pivot
Loss of 58.83 opens 58.0 round number
JOLTS Tue 14:00 UTC could reignite USD bid and pressure this bounce
Consolidation below 59.56 session high after impulsive bounce.
Silver staged a sharp corrective bounce off 7-month lows near 55.69, ripping to 59.56 during NY hours as the USD eased after in-line core PCE. Price has since stalled and is consolidating around the 59.00 round number, RSI back to neutral near 50 after stretching higher.
Support: 58.51
Resistance: 59.56
What it said to watch
Close below 58.51 prior high breaks the consolidation and resumes the corrective fade
Reclaim of 59.56 session high reopens upside toward the $60 pivot
JOLTS/ADP/ISM next week are the main risks to this corrective read
Silver's oversold corrective bounce off the 55.69 low ran into rejection at 59.56 and is now consolidating, with price slipping back below the EMA20 near 58.98. RSI(14) has cooled to the mid-40s as the post-PCE squeeze loses steam; the session is rangebound between 58.84 and 59.56.
Support: 58.84
Resistance: 59.56, 60.00
What it said to watch
Close above 59.56 opens the path to the 60.00 pivot
Loss of 58.84 confirms a lower-low and rollover of the bounce
Pulled back from session high after corrective rally.
Silver squeezed off oversold lows through NY hours, peaking at the 59.56 session high before fading; the move was a corrective bounce after in-line US PCE eased the USD. Price now drifts under EMA20 at the 58.84 session low, RSI(14) cooling toward neutral as upside momentum stalls.
Support: 58.84
Resistance: 59.56, 60.00
What it said to watch
M15 close below 58.84 confirms a lower low and ends the recovery read
Reclaim of the 59.56 session high reopens the path toward the 60.00 round number
JOLTS (Tue) and ADP/ISM (Wed) are the nearest catalysts that could shift this read
Silver squeezed off the 55.69 low through the NY session after in-line PCE, peaking at 59.56 before stalling. Price now drifts back toward the 58.84 session low with RSI(14) cooling to mid-40s; the corrective bounce is losing momentum below the 59.13 pivot.
Support: 58.84, 58.01
Resistance: 59.13, 59.56, 60.00
What it said to watch
M15 close below 58.84 confirms a lower-low and reopens 58.01
Reclaim of 59.56 session high reopens the path to the 60.0 round number
Move remains a counter-trend rebound from oversold weekly levels
NY session drove silver ~2% off the lows, reclaiming $58 and pushing to a session high at 59.56 as the USD eased post-PCE. Price has since coiled between 58.95 and 59.56, now slipping back to the range floor with RSI cooling to neutral; this is a corrective bounce within a broader down-move.
Support: 58.95, 58.51
Resistance: 59.56
What it said to watch
M15 close below 58.95 opens the 58.51 swing low
Close above 59.56 session high exposes the $60 psych level
Move is corrective off oversold lows, not a confirmed reversal
Consolidating below session high after impulse up.
Silver ran ~2% off seven-month lows near $55.60 and reclaimed $58, peaking at 59.56 before fading as the USD bounce off post-PCE lows capped the move. Price now drifts in a tight 58.94–59.13 band into the late NY session, RSI cooling back toward neutral.
Support: 58.94
Resistance: 59.13, 59.56
What it said to watch
Close below 58.94 opens a deeper retrace of the rally
Reclaim of 59.13 then 59.56 needed to extend the bounce
ISM Mfg PMI and ADP on Jul 1 are the next catalysts for the USD-driven move
Consolidating below session high after sharp NY rally.
Silver staged a sharp NY-session rally off the 56.03 low to 59.56 as the USD eased after in-line PCE, then stalled into a tight 58.95–59.56 band. RSI(14) has cooled from the rally peak toward neutral as price coils just under the session high.
Support: 58.95, 58.50
Resistance: 59.56
What it said to watch
Close above 59.56 resumes the intraday advance
Loss of 58.95 negates the consolidation and exposes 58.50
Consolidating under session high after sharp bounce.
Silver extended its corrective bounce off the $55.60 area, tagging the session high at 59.56 before stalling, then drifting back to 59.10 as the USD took a breather post-PCE. Price is now consolidating just under that high and has rolled back below EMA20, holding the 58.95–59.56 range.
Support: 58.95, 58.51
Resistance: 59.56
What it said to watch
M15 close below 58.95 opens the swing low toward 58.51
Reclaim of 59.56 resumes the bounce toward the $60 psych zone
ADP/ISM on Jul 1 could re-arm USD bid and pressure this rebound
18:17 UTC
Uptrend, momentum stalling · RSI 48 · price 58.98
Consolidating below session high after sharp NY rally.
NY session drove a sharp ~2% rally off seven-month lows near 55.60 up to 59.56 as the USD took a breather post in-line PCE. Price has since stalled and is consolidating just under 59.00 with the swing low at 58.94 holding; RSI(14) has cooled back to neutral. The bounce remains corrective per the broader USD-bid backdrop.
Support: 58.94, 58.51
Resistance: 59.56, 60.00
What it said to watch
Close above 59.56 session high reopens the path toward 60.00
Break below 58.94 swing low exposes 58.51
ADP/ISM Manufacturing on Jul 1 could materially shift this read
18:16 UTC
Uptrend, momentum fading · RSI 51 · price 58.98
Pullback from session high.
NY session staged a sharp ~2% corrective bounce off the 55.69 lows, reclaiming 58 and peaking at the session high 59.56 as the USD took a breather post-PCE. Price has since rolled over and is fading back toward 59.00, slipping under the EMA20 with RSI(14) cooling to mid-range; the swing high at 59.26 caps the immediate rebound.
Support: 58.50
Resistance: 59.26, 59.56
What it said to watch
Loss of 58.50 breakout retest signals the bounce is unwinding
Reclaim of 59.26 swing high reopens the 59.56 session high
Bounce framed as corrective; ISM/ADP on Jul 1 could shift the read
NY session drove a sharp recovery off the 55.69 area up to 59.56 as the USD took a breather after soft Michigan sentiment, a corrective bounce per the broader bearish read. Price is now consolidating 58.95–59.56 and has slipped back below the EMA20 as RSI cools from overbought; the pullback low near 58.95 is being tested.
Support: 58.95, 58.74
Resistance: 59.56, 60.00
What it said to watch
M15 close below 58.74 breaks the swing-low support and ends the intraday HL chain
Reclaim of 59.56 session high reopens the path to the 60.00 psych level
Move is corrective off seven-month lows — broader downtrend context intact
NY session drove a sharp recovery off ~58.00 to a 59.56 session high — a corrective bounce as USD took a breather after in-line PCE. Price has since stalled below 59.56 and slipped back to 58.98, RSI cooling to mid-range; the breakout shelf near 58.50 is the structure now in question.
Support: 58.50, 58.00
Resistance: 59.56, 60.00
What it said to watch
M15 close below 58.50 negates the intraday bounce structure
Reclaim of 59.56 reopens the path toward 60.00 psych
Digest frames this as a corrective bounce; the $58/$60 zone has capped the rebound
17:47 UTC
Uptrend, momentum slowing · RSI 52 · price 59.092
Consolidating below session high after NY rally.
NY session drove a sharp ~2% rebound off the $55.60 area, reclaiming $59 as the USD took a breather post in-line PCE. Price now consolidates between 59.00 and the 59.56 session high, RSI(14) cooling toward neutral after the impulse.
Support: 59.00, 58.93
Resistance: 59.56
What it said to watch
M15 close above 59.56 extends the corrective bounce toward the $60 psych zone
Loss of 59.00 psych opens 58.93 swing low and stalls the rebound
Move is corrective within a larger downtrend; ADP/ISM on Jul 1 are the next catalysts
Silver bounced ~2% off seven-month lows near 55.69, reclaiming 58 and pushing to a session high of 59.56 through NY hours as the USD eased after in-line PCE. Price is now consolidating in the 58.95–59.56 band with RSI cooling off; the move remains a corrective rebound, not a confirmed reversal.
Support: 58.95, 58.51
Resistance: 59.56, 60.00
What it said to watch
Close below 58.95 swing low opens 58.51
Break above 59.56 session high extends the bounce toward the 60.0 psych zone
ADP/ISM on Jul 1 are the next USD catalysts feeding this read
17:32 UTC
Uptrend, momentum slowing · RSI 55 · price 59.222
Consolidating under session high after corrective rally.
Silver staged a sharp corrective bounce off the $55.60 area through NY hours, peaking at 59.56 before stalling. Price is now coiling between the 59.13 swing low and the 59.56 session high as RSI cools from overbought, momentum flattening into the late session.
Support: 59.13, 58.95
Resistance: 59.56
What it said to watch
M15 close above 59.56 session high reopens path toward the $60 psychological zone
Loss of 59.13 swing low signals a deeper pullback toward 58.95
ISM Manufacturing and ADP on Jul 1 could materially shift the USD and silver read
17:31 UTC
Uptrend, momentum cooling · RSI 57 · price 59.222
Consolidating below session high after sharp rally.
NY session drove a sharp corrective bounce off ~58.00 into a session high at 59.56 as the USD took a breather post-PCE, with RSI(14) cooling from overbought back near 57. Price is now consolidating 59.13–59.40, holding above the 58.93 breakout while capped below the high.
Support: 59.13, 58.93, 58.51
Resistance: 59.56, 60.00
What it said to watch
Close below 59.13 breaks the consolidation and reopens 58.51
Break above 59.56 exposes the 60.00 psych level
ADP/ISM on Jul 1 could materially shift this read via USD
17:17 UTC
Uptrend, momentum cooling · RSI 55 · price 59.097
Consolidating under session high after NY rally.
Silver ripped higher through NY hours off the $58 base, tagging 59.56 before stalling, with RSI(14) cooling back to ~54 as price coils just above the 59.00 round number. Per the softer-USD backdrop after in-line PCE, this is a corrective bounce off seven-month lows rather than a trend turn.
Support: 59.00, 58.74
Resistance: 59.56, 60.00
What it said to watch
M15 close below 59.00 opens the 58.74 swing low
Break above the 59.56 session high extends the bounce toward 60.00 psych
Thin late-NY liquidity can exaggerate moves into the close
NY session drove a sharp recovery off the seven-month lows near 55.70, reclaiming 58 and tagging a session high at 59.56 as the USD took a breather on soft Michigan sentiment. Price is now consolidating just under that high around 59.10, RSI cooling back toward midrange after the impulse — the leg is a corrective bounce, not a trend turn.
Support: 59.13, 58.93
Resistance: 59.56, 60.00
What it said to watch
M15 close above 59.56 opens the path toward the 60.00 psych zone
Loss of 58.93 negates the near-term higher-low chain
ISM Mfg / ADP on Jul 1 could materially shift this read
17:03 UTC
Uptrend, momentum slowing · RSI 58 · price 59.297
Higher highs into consolidation below session high.
NY session drove silver up ~2% off the $57 area to a 59.56 session high as the USD eased on in-line PCE; the move is a corrective bounce from oversold weekly levels. Price now coils between 59.13 and 59.56 with RSI cooling from the highs.
Support: 59.13
Resistance: 59.56, 60.00
What it said to watch
M15 close above 59.56 session high opens the path to the 60.00 psych zone
Loss of 59.13 swing low breaks the rising support and signals the bounce stalling
ISM/ADP cluster Jul 1 could materially shift this read
17:03 UTC
Uptrend, momentum slowing · RSI 62 · price 59.297
HH/HL chain, now consolidating below session high.
NY session drove silver from ~58.0 to a 59.56 session high — a corrective bounce off seven-month lows as the USD eased after in-line PCE. Now consolidating 59.13–59.56 with RSI cooling from the rally; range top intact.
Support: 59.13, 58.945
Resistance: 59.56, 60.00
What it said to watch
M15 close above 59.56 extends the bounce toward the 60.0 psych zone
Loss of 59.13 swing low opens 58.945
Jul 1 ADP/ISM cluster could materially shift this read
16:47 UTC
Uptrend, momentum cooling · RSI 62 · price 59.314
Consolidating below session high after impulsive NY rally.
NY session drove silver ~6% off the 55.69 low into 59.56 as the USD took a breather post in-line PCE; the digest frames this as a corrective bounce, not a trend turn. Price is now ranging 59.13–59.56 below the session high with RSI(14) cooling from the rally peak.
Support: 59.13
Resistance: 59.56, 60.00
What it said to watch
Close above 59.56 opens the 60.00 psych zone
Failure to hold 59.13 confirms a lower-low and stalls the bounce
Jul 1 ADP/ISM cluster is the next macro risk feeding the USD bid
16:46 UTC
Uptrend, momentum cooling · RSI 63 · price 59.314
Higher highs / higher lows off the lows.
NY session drove a sharp recovery off the seven-month lows near 55.69, reclaiming $59 as the USD took a breather after in-line PCE. Price is consolidating just under the 59.56 session high, RSI(14) cooling from elevated levels; the move remains a corrective bounce per context.
Support: 58.945
Resistance: 59.56, 60.00
What it said to watch
M15 close above 59.56 opens the path to the 60.00 psych zone
Failure to hold 58.945 confirms a lower-low and stalls the bounce
Jul 1 ADP/ISM cluster could materially shift this read
NY session drove a sharp short-covering rally off the $55.69 low to a 59.56 session high, with RSI(14) near 70 after in-line core PCE removed the immediate hawkish catalyst. Price holds the 59.13 session low; the move is a corrective bounce within a bearish weekly regime.
Support: 59.13
Resistance: 59.56, 60.00
What it said to watch
Close above 59.56 session high opens the 60.00 psych pivot
Failure to hold 59.13 session low confirms a lower-low and stalls the bounce
Fed's Kashkari/Williams remarks could shift the USD read
16:31 UTC
Uptrend, momentum slowing near session high · RSI 63 · price 59.388
HH/HL chain off $55.69 low, stalling under 59.56.
NY session drove a sharp corrective bounce off the seven-month $55.69 low, with silver clearing $58.50 and pushing to a session high of 59.56 as the USD took a breather post in-line core PCE. Price is consolidating just under that high, RSI(14) cooling from elevated levels but holding above 60; demand stepping in around 59.12 on the pullbacks.
Support: 59.12, 58.51
Resistance: 59.56, 60.00
What it said to watch
M15 close above 59.56 opens the path to the 60.00 psych pivot
Failure to hold 59.12 signals a deeper pullback into 58.51
Fed's Kashkari/Williams speakers could re-bid the USD and stall the bounce
Silver bounced hard from seven-month lows near 55.69 and the NY session drove a strong rally toward 59.56, helped by a USD breather after in-line core PCE. Price is consolidating just under the 59.56 session high with RSI(14) ~67 — extended but not extreme; this remains a corrective leg within a heavy weekly decline.
Support: 58.945
Resistance: 59.56, 60.00
What it said to watch
Sustained close above 59.56 opens the path to the 60.00 psych level
Loss of 58.945 session low breaks the higher-low chain
Fed's Kashkari/Williams remarks could shift USD and reverse this bounce
16:16 UTC
Uptrend, extended · RSI 69 · price 59.332
Higher highs / higher lows off session low.
NY session ran a strong corrective rally, silver bouncing from seven-month lows toward 59.56 after a USD breather and in-line PCE removed an immediate hawkish catalyst. Price is holding above the 58.10 breakout with RSI(14) near 69 — hot but not extreme. Last bar stalled just under the 59.56 session high.
Support: 58.945, 58.10
Resistance: 59.56, 60.00
What it said to watch
M15 close above 59.56 opens the 60.00 psych level
Failure to hold 58.945 swing low signals the bounce stalling
Fed's Kashkari/Williams comments could shift USD and cap this move
NY session drove a sharp recovery from the 57.4 base to 59.56 as the USD took a breather and in-line Core PCE removed an immediate hawkish catalyst. RSI(14) running hot near 69 on a chain of higher lows; this is a corrective bounce off seven-month lows, capped so far at the 59.56 session high.
Support: 58.945
Resistance: 59.56, 60.00
What it said to watch
Loss of 58.945 pullback low breaks the higher-low chain
Close above 59.56 session high opens 60.00 psych
Fed's Kashkari/Williams could re-bid USD and stall the bounce
Higher highs off weekly low, pressing session high.
NY session drove a sharp oversold bounce off the $55.69 weekly low up to a 59.55 session high, with the USD taking a breather after in-line core PCE. RSI(14) running hot near 72 as price presses the $60 psych level; the move is corrective off heavily oversold lows rather than a structural reversal.
Support: 59.00
Resistance: 59.55, 60.00
What it said to watch
Loss of 59.00 breaks the intraday higher-low chain
Clean break above 60.00 psych extends the corrective rally
Fed's Kashkari/Williams comments could re-bid USD and stall the bounce
NY session ran a strong corrective rally from the $56 area to a session high at 59.55, with RSI(14) hot near 72 — the oversold bounce off this week's $55.60 lows per the macro read. Buyers held the 58.95 pullback low on the last leg; price is pressing the 60.00 psych pivot.
Support: 58.95
Resistance: 59.55, 60.00
What it said to watch
M15 close above 60.00 psych extends the corrective rally
Failure to hold 58.95 breaks the rising HL chain
Fed's Kashkari/Williams remarks could re-bid USD and stall the bounce
Silver's oversold bounce off the $55.69 low extended through NY hours to a session high of $59.52, helped by a softer USD after in-line core PCE. Price is consolidating just under that high at $59.30 with RSI cooling from elevated; the rally remains corrective within the broader sell-off.
Support: 58.95
Resistance: 59.52, 60.00
What it said to watch
Fed's Kashkari (~15:30 UTC) could shift the USD-driven read
Sustained close above 59.52 opens the $60.00 psych pivot
Failure to hold 58.95 breaks the rising-low chain
15:31 UTC
Uptrend, corrective bounce · RSI 69 · price 59.30
HH/HL chain off lows.
NY session ripped silver off its corrective base near 56.5 up through 58.50 and on toward the 59.52 session high, a sharp bounce from this week's seven-month lows after in-line PCE eased the USD bid. RSI(14) running hot near 69 as price consolidates just under 59.30; the 58.95 area is so far holding as a higher low.
Support: 58.95, 58.51
Resistance: 59.52, 60.00
What it said to watch
Close above 59.52 session high opens the 60.00 psych pivot
Failure to hold 58.95 swing low breaks the higher-low chain
Fed's Kashkari/Williams within the hour could shift this read on any USD re-acceleration
NY session drove a sharp corrective bounce off the seven-month lows, silver breaking the prior range and tagging 59.52 before easing to 59.04, RSI(14) cooling from the highs. The leg followed a USD breather and in-line core PCE; 60.0 psych sits as the next overhead area.
Support: 58.51, 58.00, 57.98
Resistance: 59.52, 60.00
What it said to watch
Loss of 58.51 breakout zone reopens the 58.0 round level
M15 close above 59.52 puts 60.0 psych in play
Fed's Kashkari (~15:30 UTC) could shift the USD read
15:16 UTC
Uptrend, momentum slowing · RSI 63 · price 59.036
Higher highs on NY bounce, rejection at session high.
NY session ran an aggressive corrective bounce off the $58.0 base into a $59.52 session high before rejecting back to $59.04, with RSI(14) cooling from overbought. This is the oversold relief rally off seven-month lows continuing; the $59.40-59.52 zone capped the latest push.
Support: 58.945, 58.01
Resistance: 59.40, 59.52
What it said to watch
Fed's Kashkari (~15:30 UTC) could materially shift this read
M15 close above 59.52 extends the bounce toward the $60 pivot
Failure to hold 58.945 confirms a lower-low and stalls the rally
NY session drove a sharp short-covering rally from the 55.69 low to a 59.52 session high, the move a corrective bounce after in-line core PCE removed an immediate hawkish catalyst per the digest. RSI(14) running hot near 71 as price holds above the 59.00 psych level; prior high at 58.51 now acts as the nearest reclaimed shelf.
Support: 59.00, 58.51
Resistance: 59.52, 60.00
What it said to watch
Close above 59.52 session high opens the 60.00 psych pivot
Failure to hold 59.00 puts 58.51 prior high back in play
NY session ripped silver from the $58.10 base to a $59.52 session high, a sharp short-covering bounce off the week's $55.69 lows after in-line core PCE eased the hawkish-USD bid. RSI(14) at 68 is hot but not extreme; price is holding just under the high near 59.19 with the $60 psych pivot overhead.
Support: 58.928, 58.10
Resistance: 59.52
What it said to watch
Failure to hold 58.93 would break the intraday higher-low chain
Acceptance above 59.52 opens the $60 psych pivot
Fed's Kashkari (~15:30 UTC) could reset this read on USD direction
Higher highs off intraday low, fresh session high.
NY session drove a sharp corrective bounce off the $56.5 area, breaking above 58.51 and printing a session high at 59.42 as the USD eased post in-line PCE. RSI(14) is hot near 70 and the latest bar stalled just under the high; price is well above EMA20/50.
Support: 58.51
Resistance: 59.42, 60.00
What it said to watch
Loss of 58.51 breakout level would unwind the intraday rally
A close above 59.42 opens the path toward the 60.00 psych pivot
Fed's Kashkari (~15:30 UTC) could shift USD and cap this bounce
14:46 UTC
Uptrend, sharp impulsive leg · RSI 71 · price 59.285
Higher highs off intraday low, breakout extending.
NY session drove a sharp corrective bounce off the session low at 57.28, with silver breaking above 58.50 and printing a high at 59.42 as the USD took a breather post in-line core PCE. RSI(14) near 71 — hot but normal for an impulsive leg; the 60.00 psych pivot is the next overhead area to watch.
Support: 58.51, 57.28
Resistance: 59.42, 60.00
What it said to watch
Close back below 58.50 negates the breakout read
60.00 psych pivot — area to watch for rejection or break
Fed's Kashkari (~15:30 UTC) could shift USD and cap this bounce
NY session extended an oversold corrective bounce off the 7-month low near 55.60, driving silver from sub-58 to a session high of 59.40 as a soft Michigan sentiment print (49.5 vs 50) eased USD support. RSI(14) running hot near 71 into the rally; the 58.50 breakout level and 59.11 spike high are the near-term reference points.
Support: 58.50, 58.00
Resistance: 59.40, 59.11
What it said to watch
Break above 59.40 session high opens path toward the broken 60 pivot
Failure to hold 58.50 negates the breakout and reopens 58.00
Fed speakers Williams/Kashkari this session could shift USD and reverse the bounce
NY session drove a sharp oversold squeeze off the session low near 56.50, breaking above 58.50 and printing a session high at 59.42 with RSI(14) running hot near 71. The move tracked an easing USD after an in-line UoM inflation read and a Michigan sentiment miss; the last bar is stalling just below the high.
Support: 58.50, 58.00
Resistance: 59.42, 60.00
What it said to watch
Close above 59.42 opens the path to the 60.00 psych pivot
Failure to hold 58.50 negates the breakout and risks a fade to 58.00
Fed speakers Williams/Kashkari today could shift this read
14:17 UTC
Intraday uptrend, momentum hot · RSI 74 · price 59.266
Higher highs, broke 58.50.
Silver squeezed off the 55.69 low through the NY session, clearing 58.50 and printing a session high at 59.395; RSI(14) near 73, short-term hot. The move is a corrective bounce against this week's ~10% slide on in-line PCE and a softer USD; the broken 60.00 psych pivot sits just above.
Support: 58.51
Resistance: 59.395, 60.00
What it said to watch
M15 close above 59.395 session high opens the path toward 60.00 psych
Loss of the 58.50 breakout level would stall the squeeze
Fed's Williams (14:30 UTC) and Kashkari (15:30 UTC) could lift USD and cap the bounce
14:16 UTC
Uptrend, momentum strong · RSI 74 · price 59.266
Corrective bounce extending, HH/HL chain.
NY session ripped silver off the 55.69 base through 58.50 to a session high at 59.40, the oversold bounce extending as in-line PCE eased USD support. RSI(14) hot near 73 but not extreme; breakout above 58.50 still holding.
Support: 58.50
Resistance: 59.40, 60.00
What it said to watch
Loss of 58.50 negates the breakout read
Michigan sentiment + Fed's Williams (14:30) / Kashkari (15:30) could shift this read
Close above 59.40 opens the path to the 60.00 psych pivot
Silver staged a sharp V-recovery off the 55.69 session low to a 59.11 spike high, breaking back above the $58 pivot through NY hours as in-line PCE eased USD support. RSI(14) elevated near 64; the last bar stalled just under the 58.96 session high.
Support: 58.00, 55.69
Resistance: 58.96, 59.11
What it said to watch
A close back below 58.00 negates the intraday breakout
Failure to clear the 59.11 spike high keeps the bounce capped
Fed's Williams and Kashkari speaking could shift this read
NY-session rebound off the week's 7-month low near $55.60; price broke above $58.50 and is pressing the $59 psych after in-line US PCE eased the dollar. RSI(14) elevated near 68 but short of extreme, ATR wide at ~400 pips on this volatile session.
Support: 58.10, 57.65
Resistance: 59.112
What it said to watch
Fed's Williams (14:30) and Kashkari (15:30) could shift USD and stall this bounce
Failure to hold 58.10 consol would unwind the breakout toward the 57.65 swing low
Close above the 59.11 session high opens the path toward the broken 60 psych level
Higher lows off session base, spike high rejected.
NY session drove a corrective bounce off the $56 base; a spike to the 59.11 session high was rejected and price has eased back to 58.41 with RSI(14) cooling from overbought. In-line PCE eased USD support yesterday, fuelling the rebound, but the structure is holding higher lows above the 58.00 intraday low.
Support: 58.00
Resistance: 59.11
What it said to watch
Michigan sentiment + inflation expectations at 14:00 UTC could shift this read
Close above 59.11 session high reopens upside toward the broken $60
Failure to hold 58.00 intraday low confirms the spike fade
NY session pushed XAG off its 7-month lows into a spike at 59.11, immediately rejected back to 58.24 — a sweep of the session high. Price now consolidating around 58.40 above the 58.00 psych floor; in-line PCE eased the dollar and fuelled this corrective rebound, but the move sits inside a still-down weekly trend.
Support: 58.00, 57.65, 56.38
Resistance: 59.11
What it said to watch
Michigan sentiment + inflation expectations at 14:00 UTC could materially shift this read
Loss of the 58.00 floor reopens 57.65 and the bounce base at 56.38
M15 close above 59.11 extends the squeeze toward the broken 60 level
13:32 UTC
Intraday recovery off lows · RSI 57 · price 58.373
Higher lows since 55.69, capped at 59.11.
Silver bounced hard from the 55.69 session low through London-NY, spiking to 59.11 before the wick was rejected and price settled into an 58.2-58.5 consolidation. The in-line PCE-driven USD breather fuelled the corrective squeeze; RSI(14) cooling near 57 after the pop.
Support: 58.00, 57.65
Resistance: 58.50, 59.11
What it said to watch
Michigan sentiment + inflation expectations at 14:00 UTC could shift the USD read within the next bar
Close back below 58.00 negates the recovery toward 57.65
Acceptance above 58.50 reopens the 59.11 rejection high
Higher lows off the 55.69 base, NY spike rejected at 59.11.
Silver squeezed off 7-month lows near 55.69 through London/NY, with in-line core PCE easing USD and fuelling the corrective bounce. The NY session spiked to 59.11 and was sharply rejected back to 58.37 — a false break above the 58.50 range top, RSI cooling from the move.
Support: 58.00, 57.85
Resistance: 58.50, 59.11
What it said to watch
Michigan sentiment + inflation expectations at 14:00 UTC could materially shift this read
Close above 59.11 reopens the squeeze toward the broken 60 pivot
Loss of 58.00 negates the recovery and exposes 57.85
13:17 UTC
Corrective bounce within downtrend · RSI 57 · price 58.24
Recovery off lows, rejected at 59.
Silver staged a corrective bounce from the 7-month low near 55.70, recovering toward 58 after in-line US PCE eased the dollar. The latest push spiked to 59.11 and was sharply rejected back to 58.24, leaving a long upper wick; RSI cooling from the move. Broader weekly trend remains down.
Support: 57.60, 55.69
Resistance: 59.11
What it said to watch
Michigan sentiment + inflation expectations at 14:00 UTC plus Fed speakers (Williams 14:30, Kashkari 15:30) could shift this read
A reclaim and close above 59.11 reopens the path toward the broken 60 pivot
Loss of 57.60 reasserts downside toward the 55.69 low
Bounce off 7-month lows, recent spike high rejected.
Silver has clawed back from this week's 7-month low near 55.69 to a session high spike at 59.11, which was sharply rejected — price closing back to 58.24 as the in-line US PCE eased dollar support. RSI cooling from the rebound peak; 58.00 round number holding as near-term floor.
Support: 58.00, 57.65
Resistance: 59.11
What it said to watch
M15 close above 59.11 would confirm the spike high break rather than rejection
Loss of 58.00 round number reopens the move toward the 57.65 swing low
Michigan sentiment + inflation expectations at 14:00 UTC could materially shift this read
Silver extended its oversold corrective bounce off the 55.69 low into the NY session, the latest bar breaking above the 58.10 prior high to tag a session high of 59.11 before closing back at 58.68. Move comes as the USD eased after in-line PCE; RSI(14) running hot near 65, both EMAs reclaimed.
Support: 58.10, 57.40
Resistance: 59.11, 60.00
What it said to watch
Michigan sentiment + inflation expectations at 14:00 UTC could shift this read
M15 close above 59.11 opens the path toward the 60.00 psych pivot
Corrective bounce off the 56.50 session low extended sharply into NY hours, spiking to 59.11 before fading to 58.68 — rejection at the session high. In-line PCE eased the dollar yesterday, fuelling the oversold squeeze, but the broader downtrend remains intact.
Support: 58.01, 56.52
Resistance: 59.112, 60.00
What it said to watch
Michigan sentiment + inflation expectations at 14:00 UTC could materially shift this read
M15 close above 59.11 opens the path to the 60.00 psych pivot
Loss of 58.01 confirms the bounce stalling
12:46 UTC
Recovering, consolidating after bounce · RSI 55 · price 58.145
Rebound off lows, ranging below session high.
Silver rebounded sharply off 7-month lows near 55.60 through the session, now consolidating in a 58.0-58.5 band after stalling at the session high 58.499. In-line US PCE eased dollar support, allowing the corrective squeeze, but momentum has flattened with RSI mid-range.
Support: 57.86
Resistance: 58.499, 58.80
What it said to watch
Michigan sentiment + inflation expectations at 14:00 UTC could materially shift this read
Close above 58.50 opens the path back toward the 58.80 prior high
Loss of 57.86 confirms a lower-low and stalls the bounce
Silver rebounded off the 55.69 low to a session high at 58.50 as in-line PCE eased USD support, now consolidating in the 58.00–58.50 band with RSI cooling toward neutral. Recovery structure of higher lows intact but stalling under 58.50.
Support: 58.00, 57.63
Resistance: 58.50, 58.70
What it said to watch
Michigan sentiment + inflation expectations at 14:00 UTC could materially shift this read
Close below 58.00 breaks the higher-low chain and exposes 57.63
Silver clawed back from 7-month lows near 55.69 to a session high at 58.50, now consolidating in an 58.00–58.50 band. In-line PCE eased USD support and fueled the oversold bounce, but momentum is flattening into Michigan sentiment.
Support: 58.00, 57.65
Resistance: 58.50, 58.80
What it said to watch
M15 close above 58.50 opens the path toward the 58.80 prior high
Failure to hold 58.00 reopens the move toward the 57.65 swing low
Michigan sentiment at 14:00 UTC could shift this read
Consolidation under session high after recovery off lows.
Silver clawed back from the 55.69 7-month low to a session high near 58.50 as the USD eased on in-line core PCE, but the bounce has stalled into a tight 58.00-58.50 range during NY hours. Price holds above EMA20/50 with RSI(14) mid-range; rising intraday lows are holding but the upper edge keeps capping.
Support: 58.00, 57.63
Resistance: 58.50, 58.80
What it said to watch
M15 close above 58.50 session high opens the path toward the 58.80 prior high
Loss of 58.00 round number exposes the 57.63 swing low
Michigan sentiment + inflation expectations at 14:00 UTC could materially shift this read
Silver bounced off the 55.69 7-month low to session highs near 58.50 as the USD eased on in-line core PCE, then stalled into a tight 58.0–58.5 consolidation. RSI(14) mid-range around 58, momentum cooling after the leg up.
Support: 58.00, 57.63
Resistance: 58.50, 58.80
What it said to watch
M15 close above 58.50 opens the path toward the 58.80 prior high
Loss of 57.63 swing low breaks the rising support off 55.69
Michigan sentiment + inflation expectations at 14:00 UTC could materially shift this read
Silver rebounded off the 7-month low at 55.69 to a session high of 58.50 and is now consolidating in the 58.00-58.50 zone, with in-line PCE easing USD support behind the bounce. RSI(14) mid-range near 57; the 58.50 cap is holding while 58.00 underpins.
Support: 58.00, 57.62
Resistance: 58.50, 58.80
What it said to watch
M15 close above 58.50 extends the bounce toward the 58.80 prior high
Loss of 58.00 reopens the move toward the 57.62 swing low
Michigan sentiment + inflation expectations at 14:00 UTC could shift this read
NY session lifted silver off the 55.69 low to a session high of 58.5 before fading to 58.10, with RSI(14) cooling from the highs. The rally is part of the broader oversold bounce flagged in the macro read; supply capped the move at 58.5 as price now consolidates above the 57.6 swing low.
Support: 57.60, 56.60
Resistance: 58.50, 58.80
What it said to watch
M15 close above 58.5 extends the bounce toward 58.8
Loss of 57.6 reopens the 56.6 base
Michigan sentiment / inflation expectations at 14:00 UTC could shift this read
Consolidating below 58.50 after V-recovery from 55.69.
Silver carved a session low at 55.69 during the morning flush then snapped back above 58 on a relief bounce, in line with the in-line core PCE trimming hike bets. Last several bars are pinned in a 58.10–58.50 consolidation, RSI(14) mid-range and momentum cooling into the NY session.
Support: 57.65, 57.30, 55.69
Resistance: 58.50, 58.80
What it said to watch
M15 close above 58.50 reopens the 58.80 prior high
Loss of 57.65 reasserts the downside toward 57.30
Fed's Williams (14:30 UTC) and Kashkari (15:30 UTC) could break this consolidation
Rally off the flush low, consolidating near range top.
Silver clawed back from the early-window flush to 55.69 toward the 58.50 session high, RSI(14) near 59 with momentum cooling as price stalls just below the high. The move tracks a dollar pullback after in-line core PCE, but the bounce sits inside a broader downtrend.
Support: 57.87, 57.60
Resistance: 58.50, 58.80
What it said to watch
Close above 58.50 session high opens the path to 58.80 prior high
Failure to hold 57.87 intraday low exposes 57.60 swing low
Michigan sentiment 14:00 UTC and Fed speakers could shift this read
Silver clawed back from the 55.69 session low to retest the 58.5 cap through NY hours, a dead-cat bounce within the broader downtrend per the macro read. Micro structure is a chain of higher lows but price has stalled twice into 58.5; RSI(14) mid-range with no extreme.
Support: 57.65, 55.69
Resistance: 58.50, 58.99
What it said to watch
M15 close above 58.5 opens the path to 58.99
Failure to hold 57.65 breaks the higher-low chain
Michigan sentiment + Fed speakers from 14:00 UTC could shift this read
11:31 UTC
Intraday recovery off the lows · RSI 62 · price 58.356
Higher lows since 55.69, pressing session high.
Silver clawed back from the 55.69 session low to retest the 58.50 session high, a rebound after Williams' hawkish tone and in-line PCE crushed it earlier. Chain of higher lows intact with RSI(14) in the low 60s; price holding above EMA20 and EMA50 into the NY hours.
Support: 57.63, 55.69
Resistance: 58.50, 58.80
What it said to watch
Loss of 57.63 breaks the higher-low chain
Sustained close above 58.50 opens the path to 58.80
Michigan inflation expectations at 14:00 UTC could materially shift this read
Silver clawed back from the 55.69 low to print a string of higher lows, with the NY session stalling just under 58.50 — a dead-cat bounce within the broader downtrend after Williams' hawkish tone. Price is consolidating 58.05–58.50, RSI cooling near 60 after the run.
Support: 58.05, 57.65
Resistance: 58.50, 58.80
What it said to watch
M15 close above 58.50 opens the path to the 58.80 swing high
Failure to hold 58.05 confirms a lower-high and reopens 57.65
Michigan inflation expectations at 14:00 UTC could materially shift this read
11:17 UTC
Recovery uptrend off the low · RSI 60 · price 58.192
Higher highs / higher lows since 55.69.
Silver has clawed back from the 55.69 capitulation low in a steady chain of higher highs and higher lows through the London-NY hours, with price now stalling into 58.50 after a rejection there. The relief bounce comes despite a firm USD; on M15 momentum is constructive but RSI is mid-range, not stretched.
Support: 57.63
Resistance: 58.50, 58.80
What it said to watch
Close above 58.50 opens the path to 58.80
Failure to hold 57.63 breaks the ascending sequence
Michigan sentiment / inflation expectations 14:00 UTC could shift this read
Silver rebounded through the NY session, climbing from 56.25 to a session high at 58.50 after the prior slide; the latest bar rejected 58.50 and eased to 58.19 with RSI cooling. Higher-low chain intact above rising support near 57.65.
Support: 57.65
Resistance: 58.50, 58.80
What it said to watch
M15 close above 58.50 session high extends the rebound toward 58.80 prior high
Loss of 57.65 rising support breaks the higher-low chain
Michigan inflation expectations at 14:00 UTC could materially shift this read
Silver staged a sharp recovery off the 55.69 session low and is pressing the 58.50 session high into the London-NY transition, a relief bounce within the broader downtrend. HH/HL chain intact with RSI(14) firm near 64, last bar tagging a fresh session high at 58.50.
Support: 57.65, 55.69
Resistance: 58.50, 58.80
What it said to watch
M15 close above 58.50 session high opens the path to 58.80 prior high
Failure to hold 57.65 swing low breaks the higher-low chain
UoM sentiment / inflation expectations at 14:00 UTC could materially shift this read
V-shaped bounce off 55.69, consolidating below session high.
Silver clawed back from the 55.69 low to 58.42, a relief bounce within the broader downtrend after in-line core PCE failed to extend USD gains. Price is now consolidating 58.04–58.42 just below the session high, RSI cooling around 60.
Support: 58.04, 57.63
Resistance: 58.42, 58.80
What it said to watch
Close above 58.42 extends the bounce toward 58.80
Failure to hold 58.04 reopens 57.63 swing low
Michigan inflation expectations at 14:00 UTC could materially shift this read
HH/HL chain off 55.69 low, consolidating near session high.
Silver clawed back from the 55.69 low through the London session, building a HH/HL chain to a 58.42 session high before stalling. Price now coils between 58.00 and 58.42 with RSI(14) easing off; this remains a relief bounce within the broader downtrend driven by a firm USD post in-line PCE.
Support: 58.00, 57.65
Resistance: 58.42, 58.99
What it said to watch
Michigan sentiment + UoM inflation expectations at 14:00 UTC (Williams 14:30) could materially shift this read
M15 close above 58.42 extends the bounce toward 58.99
Loss of 58.00 / 57.65 breaks the rising-low structure
10:32 UTC
Intraday uptrend off the lows, momentum easing · RSI 59 · price 58.162
Higher highs / higher lows since 55.69 low.
Silver clawed back through London-NY from the 55.69 session low, now grinding at 58.16 just under the 58.42 session high. RSI(14) near 59, cooling off after the impulse leg; price holds above EMA20/50 but the recovery is stalling into resistance.
Support: 57.63, 55.69
Resistance: 58.42, 58.80
What it said to watch
Close above 58.42 opens the path back toward 58.80
Loss of 57.63 breaks the rising-low chain
Michigan inflation expectations at 14:00 UTC could shift this read
Higher lows off 55.69, grinding into session high 58.42.
Silver clawed back from the 55.69 session low to retest the 58.42 session high after the Thursday relief bounce, RSI(14) cooling near 61 as the push stalls. Price is holding above EMA20/50 with a chain of higher lows, but the 58.42 cap remains intact into the London-NY transition.
Support: 57.63, 55.69
Resistance: 58.42, 58.80
What it said to watch
M15 close above 58.42 opens the path toward 58.80
Loss of 57.63 breaks the higher-low chain
Michigan sentiment / UoM inflation expectations at 14:00 UTC could materially shift this read
10:17 UTC
Intraday bounce, uptrend · RSI 64 · price 58.337
Higher lows off 56.0, testing session high.
Silver staged a sharp recovery off the 55.69 session low through the window, reclaiming 58.30+ and now pressing the 58.42 session high, RSI(14) mid-60s. The macro read frames this as a corrective bounce within a broader downtrend; higher lows have held since the 56.53 base.
Support: 57.65, 56.53, 55.69
Resistance: 58.42, 58.80
What it said to watch
Close above 58.42 opens the path to 58.80
Failure to hold 57.65 negates the recovery leg
UoM Michigan sentiment / inflation expectations 14:00 UTC plus Williams (14:30) could materially shift this read
Silver has clawed back from the 55.69 seven-month low through London, stringing higher lows and pressing the 58.42 session high, which has now capped three attempts. RSI(14) near 62 — firm but not stretched after the corrective bounce off the rate-hike-driven rout. UoM sentiment and inflation expectations at 14:00 UTC plus Fed's Williams (14:30) are the immediate risk to this recovery.
Support: 57.63, 55.69
Resistance: 58.42, 58.80
What it said to watch
M15 close above 58.42 opens the path toward 58.80
Loss of 57.63 breaks the higher-low chain
UoM data at 14:00 UTC and Fed speakers could shift this read sharply
Recovered off seven-month low, consolidating near session highs.
Silver carved a deeply oversold bounce off the 55.69 seven-month low, rallying ~270 pips to retest the 58.42 session high. Price is now consolidating 57.63–58.42 with RSI(14) cooling back to mid-50s; the digest frames this as a corrective squeeze within a broader downtrend, not a base.
Support: 57.63, 57.21, 55.69
Resistance: 58.42, 58.80
What it said to watch
Sustained close above 58.42 extends the recovery toward 58.80
Loss of 57.63 reopens the 57.21 swing low and undercuts the bounce
UoM Michigan inflation expectations at 14:00 UTC and Williams 14:30 could shift this read sharply
10:02 UTC
Intraday recovery off lows · RSI 63 · price 58.166
Higher lows since 55.69 spike low.
Silver clawed back from the 55.69 spike low through London-NY, printing higher lows and pressing the 58.42 session high, RSI mid-60s. The 56.38 base held and buyers stepped in repeatedly above 57.65 on the way up.
Support: 57.65, 57.00, 56.382
Resistance: 58.421, 58.80, 58.987
What it said to watch
Close above 58.42 opens the 58.80-59.00 area
Failure to hold 57.65 reopens the downside toward 57.00
UoM Michigan sentiment 14:00 UTC and Fed's Williams 14:30 / Kashkari 15:30 could materially shift this read
Silver clawed back from the 55.69 low to session highs near 58.42 — a corrective oversold bounce within the broader downtrend. Buyers stepped in repeatedly above 57.63 through NY hours; RSI(14) firm near 64, not yet overbought.
Support: 57.63
Resistance: 58.421, 59.00
What it said to watch
M15 close above 58.42 opens the 59.00 psych area
Loss of 57.63 negates the rising-low structure
UoM Michigan sentiment 14:00 UTC plus Fed's Williams (14:30) and Kashkari (15:30) could shift this read
09:46 UTC
Intraday recovery off lows · RSI 61 · price 58.243
HH/HL chain since 55.69, retesting 58.42 cap.
Sharp V-shaped recovery from the $55.69 seven-month low region has carried price back to 58.42, now being tested for a second time as a corrective bounce off oversold per the broader bearish read. RSI(14) near 61 — firm but not stretched; rising HLs intact above 57.63.
Support: 57.63, 55.69
Resistance: 58.42, 58.80, 58.99
What it said to watch
M15 close above 58.42 opens the path toward the 58.80-58.99 spike highs
Failure to hold 57.63 breaks the intraday HL chain
UoM Michigan sentiment 14:00 UTC plus Fed's Williams/Kashkari could materially shift this read
09:31 UTC
Short-term uptrend, recovery off the low · RSI 62 · price 58.192
Higher lows since the 55.69 washout.
Silver clawed back toward the session high at 58.33 after a sharp slide to a 55.69 low, buyers stepping in twice during the London session to print higher lows. The recovery comes off deeply oversold conditions flagged in the broader sell-off; RSI(14) has reset to the low-60s as price retests the 58.30 area.
Support: 57.63, 57.00
Resistance: 58.33, 58.50
What it said to watch
M15 close above 58.33 extends the recovery toward 58.50
Failure to hold 57.63 reopens the downside toward 57.00
UoM sentiment + inflation expectations at 14:00 UTC and Fed speakers (Williams/Kashkari) could materially shift this read
Silver is staging a short-cover bounce off the 55.69 low, climbing back to the 58.328 session high after the Williams-driven slide. Last push broke the 57.8–58.1 consolidation and price holds above EMA20/50; RSI(14) near 62, not yet stretched.
Support: 57.65
Resistance: 58.328, 58.50
What it said to watch
Close above 58.328 session high opens the path to the 58.50 pivot
Loss of 57.65 swing low breaks the higher-low sequence
UoM Michigan sentiment + inflation expectations at 14:00 UTC could materially shift this read
09:17 UTC
Rebound off lows, consolidating · RSI 56 · price 57.822
Short-cover bounce stalling below session high.
Sharp short-cover bounce off the 56.38 swing low ripped silver to a 58.33 session high before sellers reasserted, the metal now consolidating 57.63–58.0 after a ~14% weekly rout. RSI(14) has cooled back near 55 from overbought as the rally loses steam below the session high.
Support: 57.63, 56.38
Resistance: 58.33, 58.00
What it said to watch
M15 close above 58.33 reopens the upside; loss of 57.63 session low resumes the slide toward 56.38
UoM Michigan sentiment/inflation expectations 14:00 UTC plus Williams/Kashkari speeches could materially shift this read
Silver bounced hard from the 55.69 session low into the London session, rallying to 58.33 before sellers reasserted on Williams' hawkish tone; now consolidating 57.6-58.0. RSI(14) mid-range after cooling from the spike, with the 58.33 session high capping for now.
Support: 57.63, 56.55, 55.69
Resistance: 58.33, 58.90
What it said to watch
M15 close above 58.33 session high opens the path toward 58.90
Loss of 57.63 swing low risks a retest of the 56.55 base
UoM sentiment + inflation expectations at 14:00 UTC could shift this read
Consolidation under session high after sharp rally.
London session ripped from 56.52 to 58.33 before sellers rejected the high and faded price back to the mid-57s. Now consolidating 57.63–58.10 around the 38% retrace of that rally; RSI(14) cooled to neutral after the spike. The earlier bounce came as in-line core PCE briefly eased Dollar support before hawkish Fed-Williams rhetoric capped it.
Support: 57.63, 56.64
Resistance: 58.10, 58.33
What it said to watch
Close below 57.63 opens the path back toward 56.64
Close above 58.10 reopens the 58.33 session high
UoM Michigan sentiment/inflation expectations at 14:00 UTC plus Williams (14:30) and Kashkari (15:30) could materially shift this read
09:04 UTC
Sharp V-recovery off lows, now drifting lower · RSI 51 · price 57.641
Lower highs since the 58.33 recovery peak, pullback in play.
Silver collapsed to 55.69 — a seven-month low area — before a short-covering squeeze ripped back to 58.33 during NY hours; price has since drifted lower in a chain of lower highs, now testing 57.63. RSI(14) has cooled to mid-range, the pullback so far holding above the 38.2% retrace of the recovery leg.
Support: 57.63, 57.16
Resistance: 58.33
What it said to watch
Failure to hold 57.16 reopens the path toward the 55.69 session low
Reclaim above 58.33 would resume the recovery leg
UoM Michigan sentiment + Fed speak (14:00 UTC) could materially shift this read
Recovery stalling below 58.00 after V-bounce from 55.69.
Silver bounced hard off the 55.69 low into the session high at 58.33 on the in-line US PCE relief, then faded back to ~57.88 and is consolidating below the 58.00 round level. RSI(14) has cooled to the low 50s as the move stalls; sellers capping near 58.30.
Support: 57.63, 56.50
Resistance: 58.00, 58.33, 58.99
What it said to watch
Close above 58.33 opens the path to the 58.99 prior high
Failure to hold 57.63 reopens the 56.50 bounce base
UoM inflation expectations at 14:00 UTC could materially shift this read
Sharp rebound off 55.69, now ranging below session high.
London session saw a sharp relief bounce off the 55.69 low, spiking to 58.33 before fading to ~57.85 — a technical, oversold-driven rebound after in-line US PCE capped USD. Price now consolidating below the session high with RSI cooling toward the mid-50s.
Support: 57.63, 56.52, 55.69
Resistance: 58.33, 58.80
What it said to watch
Close above 58.33 extends the bounce toward 58.80
Loss of 57.63 reopens the 56.52 zone
UoM Michigan sentiment & inflation expectations at 14:00 UTC could materially shift this read
Silver bounced hard off the 55.69 low into London, reclaiming 58.00 and tagging 58.33 before fading to consolidate near 57.85 — a technical relief move after in-line US PCE capped USD. RSI(14) cooling from the bounce; price holds above EMA20/50 but rallies have stalled under the session high.
Support: 57.63, 57.16
Resistance: 58.33, 59.00
What it said to watch
Close above 58.33 opens the path to 59.00 spike high
Failure to hold 57.63 swing low reopens the downside toward 57.16
UoM Michigan inflation expectations at 14:00 UTC could materially shift this read
London hours extended the in-line-PCE relief bounce, spiking to 58.33 before fading to ~57.85, RSI cooling from the impulse. Buyers held the 57.63 pullback low; the 58.10–58.33 band is the area to watch for rejection or break.
Support: 57.63
Resistance: 58.10, 58.328
What it said to watch
M15 close below 57.63 negates the higher-low sequence
Close above 58.33 opens path back toward 59.00
UoM sentiment + inflation expectations at 14:00 UTC could shift this read
Rebound off lows, consolidating below 58.33 rejection.
London staged a sharp relief bounce off the 56.5 base after in-line US PCE capped USD, tagging 58.33 before fading; RSI(14) near 73 after the run. Price now consolidating around 57.8, holding above the 57.63 session pivot.
Support: 57.63, 56.50
Resistance: 58.33, 58.80
What it said to watch
Close above 58.33 opens the path toward 58.80
Failure to hold 57.63 risks a fade back toward the 56.5 swing low
UoM Michigan sentiment/inflation expectations at 14:00 UTC could shift this read
Recovery off lows, consolidating below session high.
London session drove a sharp rally off the 56.38 swing low to a session high of 58.33, then faded back to 57.81 as RSI cooled from the spike. The move was oversold relief after in-line US PCE, not a trend shift; holding above the 57.63 intraday low keeps the recovery intact while 58.33 caps.
Support: 57.63, 56.38
Resistance: 58.33
What it said to watch
UoM sentiment & inflation expectations at 14:00 UTC could materially shift this read
Close above 58.33 opens the path toward the 59.00 area
Failure to hold 57.63 confirms the bounce stalling toward the 56.38 swing low
Rebound from 55.69 base, fading from session high.
Silver bounced from the 55.69 oversold low and broke higher through the London session, tagging 58.33 before fading to ~57.83 — an in-line US PCE print capped USD and sparked this relief bounce. RSI(14) near 57 after cooling from the spike; price holding above the rally base at 57.16 but rejected at the session high.
Support: 57.16, 56.38
Resistance: 58.328, 59.00
What it said to watch
Failure to hold 57.16 reopens the move toward the 56.38 swing low
Reclaim of 58.33 puts the 59.00 post-data high in play
UoM sentiment / inflation expectations at 14:00 UTC and Fed speakers (Williams 14:30, Kashkari 15:30) could materially shift this read
08:02 UTC
Short-term up off the lows, momentum cooling · RSI 57 · price 57.827
London rally then consolidation below session high.
London session lifted silver off the 56.38 base in a sharp relief bounce, spiking to 58.328 before fading to 57.83 — short-covering after in-line US PCE rather than a trend shift. RSI(14) cooling near 57 as price consolidates just under the session high; the 57.65 pullback low has held.
Support: 57.65, 56.80
Resistance: 58.328, 58.51
What it said to watch
M15 close above 58.328 reopens the path toward 58.51
Loss of 57.65 signals the bounce is fading back toward 56.80
UoM sentiment & inflation expectations at 14:00 UTC could materially shift this read
07:47 UTC
Recovery rally off lows, stalling near top · RSI 60 · price 57.935
Higher lows since 55.69, spike into 58.33 now consolidating.
London session extended the oversold bounce off 56.38, spiking to 58.33 as in-line US PCE stalled the dollar. Price is now consolidating around 57.90 after a shallow pullback; RSI(14) cooled into the low 60s with the rally far below the longer EMAs.
Support: 57.16, 56.38
Resistance: 58.33, 58.80
What it said to watch
Close above 58.33 opens the path to the 58.80 prior high
Loss of 57.16 negates the recovery and reopens 56.38
UoM sentiment + inflation expectations at 14:00 UTC and Fed speakers (Williams 14:30, Kashkari 15:30) could shift this read
Silver based around 56.30-56.70 then broke higher, spiking to 58.33 before fading to 57.9 — a technical relief bounce off the 55.69 YTD low after in-line US PCE eased Dollar support. RSI(14) near 58, well off the prior oversold lows, with price holding above the 57.65 breakout shelf.
Support: 57.65, 56.50, 55.69
Resistance: 58.33, 59.00
What it said to watch
UoM sentiment + inflation expectations at 14:00 UTC and Fed speakers (Williams, Kashkari) could shift this read
Loss of 57.65 reopens the 56.50 base; below that the 55.69 ytd low is exposed
A close above 58.33 session high targets the 59.00 spike high
London session staged a sharp rebound off the 56.38 swing low, spiking to 58.33 after the in-line US PCE print eased dollar support. Price now consolidating near 58.00 just below the session high; RSI(14) cooling from the rally into the low-60s. Move is an oversold relief bounce within a broader decline, not a confirmed trend turn.
Support: 57.65, 56.38
Resistance: 58.33, 58.99
What it said to watch
Close above 58.33 session high opens the path to 58.99 prior high
Failure to hold 57.65 bounce low reopens 56.38 swing low
Michigan sentiment + UoM inflation expectations 14:00 UTC could materially shift this read
Silver bounced off the 55.69 YTD low and rallied ~2.6% through the 57.60 breakout into a session high at 58.33 before stalling near 58.00. In-line US PCE eased Dollar support, fuelling an oversold relief bounce rather than a trend change; RSI cooling from the rally peak as price consolidates just under the session high.
Support: 57.60, 56.50, 55.69
Resistance: 58.33, 58.99
What it said to watch
Michigan sentiment + UoM inflation expectations at 14:00 UTC could materially shift this read
Close above 58.33 session high opens the 58.99 spike high
Failure to hold 57.60 breakout would expose the 56.50 base
07:17 UTC
Downtrend, oversold bounce in play · RSI 62 · price 57.883
Sharp rebound off YTD lows, pullback after spike.
Silver bludgeoned to YTD lows near 55.69 then snapped back, with the in-line US PCE print easing Dollar support and triggering a sharp London-session rally out of the 56.3–56.9 range to 58.33. Price has since faded to 57.88; the move is oversold relief, still well below the broader downtrend's averages.
Support: 57.65, 56.50, 55.69
Resistance: 58.328, 58.987
What it said to watch
Failure to hold 57.65 breakout base reopens the 56.50 range
Close above 58.328 bounce high opens path to the 58.99 spike high
Michigan sentiment + UoM inflation at 14:00 UTC and Fed speakers (Williams 14:30, Kashkari 15:30) could shift this read
Break below 55.69 ytd low resumes the downtrend
07:16 UTC
Intraday recovery off lows · RSI 62 · price 57.883
Higher-low base then sharp breakout leg.
Sharp two-hour rally lifted silver from 56.38 to a session high at 58.328 before fading to 57.88 — an oversold relief bounce after the slide to YTD lows, helped by in-line US PCE easing Dollar support. Price now consolidating mid-leg above the 57.65 swing low.
Support: 57.65, 56.38
Resistance: 58.328, 59.00
What it said to watch
Michigan sentiment + UoM inflation expectations at 14:00 UTC plus Fed's Williams/Kashkari could shift this read
Close above 58.328 opens the path toward the 59.00 spike high
Silver bounced hard off the 56.50 base into the London session, breaking 57.65 and spiking to a 58.33 session high before settling near 58.15 — an oversold relief rally after in-line US PCE eased Dollar support. RSI(14) lifting near 64 off deeply stretched levels; the move retraces most of the prior slide to the 55.69 YTD low.
Support: 57.65, 56.50
Resistance: 58.33, 58.80
What it said to watch
Close above 58.33 session high opens the path toward the 58.80 prior high
Failure to hold 57.65 breakout reopens the 56.50 base
Michigan sentiment + Fed speakers (14:00-15:30 UTC) could materially shift this read
London session staged a sharp oversold recovery off the YTD lows near 55.63, with the in-line US PCE easing Dollar support; price ran from the 56.50 base through the 57.30 breakout to a session high at 58.33. RSI(14) near 67 — hot but not extreme — as the bounce extends, though this remains a counter-trend squeeze far below the broader downtrend.
Support: 57.30, 56.52, 55.63
Resistance: 58.33, 59.00
What it said to watch
Close above 58.33 opens the path toward the 59.00 spike high
Failure to hold 57.30 breakout signals the bounce stalling toward 56.52
UoM sentiment + inflation expectations 14:00 UTC and Fed speakers (Williams 14:30, Kashkari 15:30) could shift this read
Silver swept down to YTD lows near 55.69, then carved a double-bottom base around 56.35 through the Asian session after in-line US PCE eased Dollar support. A sharp two-bar rally has broken the intraday range, lifting price to 57.80 with RSI recovering off oversold to ~57.
Support: 56.35, 55.63
Resistance: 57.80, 58.00, 59.00
What it said to watch
Reclaim and hold of 58.00 keeps the relief bounce in play toward the 59.00 spike high
Failure to hold the 56.35 base reopens the 55.63 YTD low
UoM Michigan sentiment + inflation expectations at 14:00 UTC and Fed speakers (Williams 14:30, Kashkari 15:30) could shift this read
06:46 UTC
Recovery off lows, momentum building · RSI 61 · price 57.662
Oversold bounce, breaking minor consolidation.
Early-London hours saw silver extend its oversold relief bounce, with the last two bars breaking the 56.60-56.90 consolidation to print a 57.80 session high. The recovery follows yesterday's in-line US PCE easing dollar support off the 55.69 YTD low; RSI(14) near 61 still has room before stretched.
Support: 57.30, 56.60, 55.69
Resistance: 57.80, 58.00, 58.51
What it said to watch
Close above 57.80 opens the path to 58.00 and the prior high near 58.51
Failure to hold 57.30 returns price into the 56.60-56.90 consolidation
UoM Michigan sentiment + inflation expectations at 14:00 UTC could materially shift this read
Silver rebounded off the 55.69 Asian-session low after in-line US PCE failed to extend the dollar, and the latest bar broke out of the 56.60 range base back above 57.30 — right at the 50% fib of the prior decline. RSI(14) recovering from oversold, currently mid-range.
Support: 56.60, 55.69
Resistance: 57.42, 58.00
What it said to watch
Close above 57.42 bar high opens the path toward the 58.00 round number
Failure to hold the 56.60 range base reopens the 55.69 session low
UoM sentiment and Fed Williams/Kashkari at 14:00 UTC could materially shift this read
Silver bounced hard off the 55.69 session low, breaking the 56.3-56.9 consolidation with the latest bar surging to 57.34 — sitting right on the 50% retracement of the 58.99-55.69 slide. The recovery follows in-line US PCE that capped the dollar, but the broader M15 structure remains a chain of lower highs.
Support: 56.50, 55.69
Resistance: 57.60, 58.00
What it said to watch
Close above 57.60 would extend the bounce toward 58.00
Rejection at 57.60 keeps the lower-high sequence intact
Silver sold off through the London-NY session to a 55.69 low, then an in-line PCE-driven oversold bounce stalled at 56.90 before fading back to 56.5. Price now consolidating in the 56.30–56.90 band, still capped under descending lower highs.
Support: 56.256, 56.032, 55.69
Resistance: 56.897
What it said to watch
Break below 56.03 reopens the 55.63 session low
M15 close above 56.90 invalidates the lower-high sequence
Michigan sentiment + UoM inflation expectations at 14:00 UTC could shift this read
06:16 UTC
Downtrend, consolidating after selloff · RSI 44 · price 56.538
Lower lows into a tight range near the lows.
Silver sold off from 58.99 to 55.69 through the NY session, then clawed back into a 56.30–56.90 range now holding in late Asia hours. In-line US PCE capped the dollar and sparked this oversold bounce, but price sits below EMA20/50 with the bounce high at 56.90 yet to give way.
Support: 56.30, 55.69
Resistance: 56.90, 57.30
What it said to watch
M15 close above 56.90 bounce high would extend the recovery toward 57.30 prior swing
Loss of 56.30 recent low reopens 55.69 swing low
UoM sentiment & inflation expectations at 14:00 UTC plus Fed speakers could shift this read
Silver slid through the NY session into a 55.69 low before an in-line PCE print sparked an oversold bounce back above 56.5. Now ranging 56.25–56.90 with price below EMA20 and EMA50, the prior downtrend intact.
Support: 56.25, 55.69
Resistance: 56.90, 57.60
What it said to watch
M15 close above 56.90 opens the path back toward 57.60
Failure to hold 56.25 reopens 55.69 swing low
Michigan sentiment + Fed speakers at 14:00 UTC could shift this read
06:02 UTC
Downtrend, stabilising after flush · RSI 44 · price 56.613
Lower highs/lower lows, now ranging off the low.
Silver flushed from the 58.9 peak down to 55.69 during Asia, then bounced back to range 56.2–56.9 into the London morning. In-line US PCE yesterday sparked the oversold rebound but the M15 structure stays a chain of lower highs; price holds below EMA20/50 and is currently coiling near 56.6.
Support: 56.03, 55.69, 55.63
Resistance: 56.90
What it said to watch
M15 close above 56.90 breaks the descending highs and invalidates the lower-high read
Failure to hold 56.03 reopens the 55.69 swing low and 55.63 7-mo low
Michigan sentiment + Fed Williams/Kashkari at 14:00–15:30 UTC could materially shift this read
Silver sold off hard to a 55.69 low before an oversold bounce after in-line US PCE capped the dollar; price is now consolidating 56.0–56.9. It holds below EMA20/50 with RSI recovering off oversold, the move reading as corrective.
Support: 56.03, 55.69
Resistance: 56.90, 57.15
What it said to watch
Close back below 55.69 confirms a lower low and reopens downside
Reclaim of 56.90 needed to extend the bounce toward 57.15
UoM inflation expectations and Fed speakers at 14:00 UTC could shift this read
Lower highs into 55.69 swing low, corrective bounce.
Sharp leg down to a 55.69 session low, then an oversold bounce stalling near 56.90 with RSI(14) recovering off the lows. Now consolidating 56.30–56.90 below EMA20/EMA50; the move is corrective within the broader silver rout.
Support: 56.30, 55.69
Resistance: 56.90, 57.30
What it said to watch
Close below 55.69 confirms a fresh lower-low and opens deeper losses
Reclaim above 56.90 session high needed to extend the bounce toward 57.30
UoM sentiment / inflation expectations at 14:00 UTC plus Fed speakers could shift this read
05:32 UTC
Downtrend, oversold bounce in play · RSI 43 · price 56.672
Lower highs/lows, corrective recovery off session low.
Silver swept the session low at 55.69 then bounced ~2% back to 56.67 on the in-line US PCE that capped the dollar; the move is corrective within a clear chain of lower highs. RSI(14) has lifted off oversold to ~43, with the bounce stalling into the 56.87 bar high and the 57.15 prior swing still untested.
Support: 56.256, 55.69
Resistance: 56.874, 57.15
What it said to watch
Close above 57.15 breaks the lower-high structure
Loss of 56.256 swing low reopens the 55.69 session low
UoM inflation expectations at 14:00 UTC could shift this read
Silver extended its rout to a session low of 55.69 before an oversold bounce back into the mid-56s, in step with the in-line PCE that capped the dollar. Price is now stalling at the 56.87 38.2% retracement of the 58.80–55.69 decline, RSI lifting off oversold but still sub-50.
Support: 56.25, 55.69
Resistance: 56.87, 57.15
What it said to watch
M15 close above 56.87 (38.2% fib) opens 57.15 swing high
Failure to hold 56.25 swing low reopens the 55.69 session low
UoM sentiment/inflation expectations 14:00 UTC could shift this read
Silver sold off into 55.69 during the Asian session — part of the broader two-day rout — then bounced and is now coiling in a tight 56.25–56.70 band. The corrective recovery after in-line US PCE is stalling below the 56.97 swing high with RSI(14) mid-40s.
Support: 56.25, 55.69
Resistance: 56.70, 56.97
What it said to watch
Close above 56.97 would break the lower-high chain
Loss of 55.69 session low opens deeper losses
UoM sentiment + inflation expectations 14:00 UTC could shift this read
Silver extended its rout to a session low of 55.69 before an oversold bounce kicked in, helped by the dollar easing after in-line US PCE. Price is recovering toward the 56.68 bounce high with RSI lifting off the lows, but it remains below EMA20/50 — the move reads corrective within the broader downtrend.
Support: 56.25, 55.69
Resistance: 56.68, 56.97
What it said to watch
Close above 56.97 swing high negates the lower-high sequence
Failure to hold 56.25 reopens the 55.69 session low
UoM sentiment / inflation expectations at 14:00 UTC plus Fed speakers could shift this read
Silver flushed to a 55.69 session low during Asian hours, part of the broader rout after in-line US PCE failed to ease USD pressure. An oversold bounce (RSI(14) ~32) has stalled below the 56.66 bounce high, and price is now consolidating 56.40–56.60 around the 23.6% retrace of the sell-off.
Support: 56.03, 55.69
Resistance: 56.66, 57.15
What it said to watch
Close below 56.03 swing low reopens 55.69 session low and deeper losses
Reclaim of 56.66 bounce high needed to extend the corrective squeeze toward 57.15
UoM inflation expectations / Fed speakers later today could reprice USD and override this read
Silver flushed to a 7-month low at 55.69 in late-NY/Asia hours, then squeezed ~2% to 56.68 on an oversold bounce after in-line US PCE capped the dollar. That rebound is now fading — closes drifting back toward 56.40 while the 55.69 low holds. Move reads as corrective within the broader downtrend.
Support: 56.30, 55.69
Resistance: 56.70, 57.00
What it said to watch
Loss of 56.30 reopens a retest of the 55.69 swing low
Reclaim of 56.70 bounce high needed to extend the squeeze toward 57.00
UoM sentiment / inflation expectations at 14:00 UTC could materially shift this read
04:47 UTC
Downtrend, bouncing off lows · RSI 44 · price 56.492
Consolidation after sweep of 55.69 low.
Silver extended its rout into a 55.69 low before an oversold bounce, in line with the in-line US PCE capping the dollar; price now consolidates 56.30–56.70 below EMA20 and EMA50. The recovery is corrective within a clear M15 downtrend, RSI(14) climbing back near 43 from sub-30.
Support: 56.30, 55.69
Resistance: 56.70, 57.15
What it said to watch
M15 close above 56.70 opens the path to 57.15
Loss of 56.30 reopens a retest of the 55.69 low
UoM inflation expectations + Fed Williams/Kashkari (14:00–15:30 UTC) could materially shift this read
Silver sold off hard into the Asia session, sweeping down to 55.69 before an oversold bounce back to 56.70. Price now consolidates in the high-56s, holding below a falling chain of lower highs; the rebound looks corrective within the broader two-day rout.
Support: 55.69
Resistance: 56.70
What it said to watch
M15 close above 56.70 breaks the lower-high chain
Loss of 55.69 confirms continuation of the downtrend
UoM sentiment + Fed Williams/Kashkari (14:00-15:30 UTC) could shift this read
04:32 UTC
Downtrend, oversold bounce in play · RSI 45 · price 56.511
Selloff into 55.69, corrective recovery stalling.
Silver flushed into 55.69 during late Asia before an oversold ~2% bounce back above 56.0, in line with the corrective recovery off the prior two-day rout after in-line US PCE. Price now consolidating 56.40–56.68 below a falling EMA20/50, demand having stepped in twice near the lows.
Support: 56.03, 55.69
Resistance: 56.68, 57.15
What it said to watch
M15 close below 56.03 reopens the 55.69 swing low
Reclaim of 56.68 extends the bounce toward 57.15
UoM sentiment + inflation expectations 14:00 UTC and Fed's Williams/Kashkari speeches could shift this read
Silver sold off hard into 55.69 then bounced ~2% above 56 after in-line US PCE capped the dollar, a corrective recovery of the prior rout. Price now consolidates 56.3-56.7 under the 56.698 bounce high, holding above the 56.058 low; RSI mid-40s after the rebound.
Support: 56.058, 55.69
Resistance: 56.698
What it said to watch
M15 close below 56.058 reopens the 55.69 swing low
Reclaim above 56.698 extends the corrective bounce
UoM sentiment + Williams/Kashkari speeches (14:00-15:30 UTC) could shift this read
Silver flushed to a 7-month low at 55.69 in Asia hours then bounced ~1.7%, with the in-line US PCE capping the dollar and fuelling an oversold recovery. Price is now consolidating in the mid-56s, holding under the 56.68 local high; the move reads as corrective within the broader downtrend.
Support: 55.69
Resistance: 56.68, 57.00
What it said to watch
Close back below 55.69 confirms a fresh lower-low and resumes the selloff
M15 close above 57.00 extends the corrective bounce
UoM sentiment + Fed speakers from 14:00 UTC could materially shift this read
Silver extended its rout into the Asian session, sweeping to a fresh 55.69 low before an oversold bounce back to 56.66 after the in-line US PCE capped the dollar. Price is now consolidating in the 56.3–56.8 band beneath a chain of lower highs; the move off 55.69 reads as corrective within the broader M15 downtrend.
Support: 56.25, 55.69
Resistance: 56.80, 57.15
What it said to watch
M15 close below 55.69 confirms a lower-low and opens deeper losses
Reclaim of 56.80 recovery high needed to extend the bounce toward 57.15
UoM sentiment + inflation expectations at 14:00 UTC could shift this read
Lower highs and lower lows, corrective rebound off lows.
A sharp selloff into Asia hours drove price to the 7-month-low zone near 55.69, then a corrective bounce lifted it back above 56.5 after in-line US PCE capped the dollar. RSI(14) is recovering off the lows near 41; price remains below EMA20 and EMA50 with the broader M15 sequence still making lower highs.
Support: 55.69
Resistance: 57.15
What it said to watch
Close back below 55.69 confirms continuation to deeper lows
Reclaim of 57.15 swing high needed to neutralise the lower-high chain
UoM sentiment and Fed's Williams/Kashkari at 14:00-15:30 UTC could shift this read
Asia session saw a sharp leg lower from 58.02 to a fresh 55.69 low before an oversold bounce back above 56.5, in line with the broader two-day silver rout. Price is now consolidating in the mid-56s below EMA20/50 with RSI recovering off the lows; 56.80 breakdown level is the immediate cap.
Support: 55.69
Resistance: 56.80, 58.02
What it said to watch
M15 close back above 56.80 would ease the breakdown read
Failure to hold 55.69 confirms a lower-low and opens deeper losses
UoM Consumer Sentiment / inflation expectations at 14:00 UTC could shift this read
03:47 UTC
Downtrend, bounce off lows · RSI 41 · price 56.408
Lower highs, lower lows; bounce off 55.69.
A sharp selloff into the Asia session drove silver to a session low of 55.69 before buyers stepped in, lifting price back to a tight consolidation near 56.40. Structure stays firmly down with lower highs, but the rejection of 55.69 has produced a corrective bounce.
Support: 56.05, 55.69
Resistance: 56.66, 57.15
What it said to watch
M15 close above 56.66 extends the bounce toward 57.15
Failure to hold 56.05 reopens the 55.69 session low
UoM sentiment + Fedspeak (14:00-15:30 UTC) could shift this read
03:46 UTC
Downtrend, bounce off lows · RSI 41 · price 56.408
Lower highs, lower lows; corrective bounce in play.
Silver sold off hard into the Asian hours, flushing to a session low of 55.69 before buyers stepped in for a bounce to 56.66, RSI(14) lifting off oversold near 41. Now consolidating around 56.40 below EMA20/50, the broader intraday structure still printing lower highs and lower lows after the week's hawkish-Fed driven slide.
Support: 55.69
Resistance: 56.66, 57.15
What it said to watch
M15 close below 55.69 confirms a lower-low and opens the path toward 55
Reclaim of 56.66 and 57.15 needed to challenge the lower-highs sequence
UoM sentiment + inflation expectations at 14:00 UTC could shift this read
Sharp Asia-session selloff drove silver to a 55.69 swing low before a corrective bounce to 56.5; price now at 56.38, below EMA20 and EMA50. RSI(14) lifting off oversold after the in-line PCE removed an immediate hawkish trigger, but the chain of lower highs keeps the intraday trend pointed down.
Support: 55.69
Resistance: 57.15
What it said to watch
M15 close below 55.69 opens the path toward the $55 area
Reclaim of 57.15 would break the lower-high sequence
UoM sentiment + inflation expectations at 14:00 UTC and Fedspeak (Williams 14:30, Kashkari 15:30) could shift this read
XAGUSD knifed lower through Asia, printing a fresh session low at 55.69 before buyers reclaimed 56.40; price is deeply oversold and trading well below EMA20/50 after this week's hawkish-Fed-driven rout. The bounce off 55.69 has stalled under the 56.66 reaction high, leaving the corrective recovery unconfirmed.
Support: 55.69, 55.63
Resistance: 56.66, 57.00
What it said to watch
Loss of 55.69 confirms a lower-low and opens the 55.63/55.00 zone
M15 close above 56.66 extends the oversold bounce toward 57.00
UoM Michigan sentiment at 14:00 UTC could materially shift this read
Lower highs / lower lows, bouncing off fresh session low.
Silver flushed sharply into the session low at 55.69, sweeping stops before snapping back to 56.49 on the latest bars. Price sits well below EMA20/50 in a clear M15 downtrend; the bounce is corrective off oversold conditions, with 56.80 the first overhead barrier.
Support: 55.69, 55.63
Resistance: 56.80
What it said to watch
Failure to hold 55.69 confirms a lower-low and opens the 55.63 area
M15 close back above 56.80 challenges the lower-high sequence
UoM Michigan / inflation expectations at 14:00 UTC plus Fed speakers could shift this read
03:16 UTC
Downtrend, fresh lows · RSI 37 · price 56.487
Lower highs, lower lows; bounce off new low.
Silver broke down through the 57.50 consolidation floor and printed a fresh session low at 55.69 as USD firmness on hawkish-Fed repricing pressured metals into Asia hours. Price has clawed back to 56.49 off that low, RSI(14) lifting from oversold near 30, but the lower-high/lower-low chain is intact.
Support: 55.69
Resistance: 56.97, 57.50
What it said to watch
Loss of 55.69 confirms continuation toward the $55 area
M15 close back above 56.97 would negate the breakdown read
UoM Michigan inflation expectations at 14:00 UTC a later USD risk
03:02 UTC
Downtrend, accelerating · RSI 31 · price 56.059
Lower highs, fresh session low.
Silver sold off hard through the Asian session, breaking the 57.2–57.8 consolidation and printing a fresh low at 55.69 just above the 7-month floor at 55.63. The leg lower extends the hawkish-Fed/USD repricing theme; RSI(14) near 30 is oversold but trend remains firmly down with no bounce confirmed.
Support: 55.69, 55.63
Resistance: 56.80
What it said to watch
M15 close below 55.63 opens deeper losses toward $55
Reclaim of 56.80 needed to ease downside pressure
UoM Michigan sentiment + inflation expectations at 14:00 UTC could shift this read
03:02 UTC
Downtrend, accelerating · RSI 29 · price 56.059
Lower highs, fresh session low.
Silver broke down through the 57.10 prior support into the Asia session, printing a fresh low at 55.69 before a thin bounce back to 56.06. RSI(14) is deeply oversold sub-30 and ATR is elevated near 385 pips, so swings are wide here.
Support: 55.69, 55.63
Resistance: 56.80, 57.10
What it said to watch
M15 close back above 56.80 would relieve the breakdown pressure
Failure to hold 55.63 opens deeper losses toward the $55 area
UoM Michigan sentiment + inflation expectations at 14:00 UTC could shift this read
Lower highs, lower lows; session low just taken out.
Silver sold off hard through the Asia session, slicing from 58.03 down to a fresh low at 56.032 before a thin bounce to 56.155. RSI(14) is deeply oversold sub-25 after the break of the 57.0 shelf; price trades well below EMA20 and EMA50 with no reversal structure yet.
Support: 56.032, 55.63
Resistance: 56.974, 58.025
What it said to watch
Loss of 56.032 exposes the 55.63 seven-month low
Reclaim of 56.974 needed to ease the oversold downside pressure
UoM sentiment + inflation expectations at 14:00 UTC could shift the read
Chain of lower highs and lower lows, new session low.
Silver broke down hard through the Asia session, slicing the 57.3 support shelf and printing a fresh low at 56.032 with RSI(14) sub-25. The selloff sits inside the broader hawkish-Fed-driven decline; price is deeply oversold and only managing a thin 56.155 bounce off the low.
Support: 56.032, 55.63
Resistance: 56.80
What it said to watch
M15 close below 55.63 7mo low opens deeper losses
Reclaim of 56.8 prior low needed to ease downside pressure
UoM Michigan sentiment + inflation expectations at 14:00 UTC could shift this read
Silver spiked to 58.99 during NY hours then bled steadily lower, breaking down through 57.15 to test session lows at 56.59 in Asia hours. RSI(14) near 29, stretched but consistent with the one-way slide; price sits below EMA20 and EMA50.
Support: 56.591, 56.338, 55.63
Resistance: 57.145, 58.987
What it said to watch
M15 close below 56.34 swing low opens the 55.63 seven-month low
Reclaim of 57.15 would neutralise the breakdown read
UoM Michigan sentiment / inflation expectations at 14:00 UTC could shift this read
Silver rolled over from the 58.80-59.00 zone and has bled lower through Asia hours, printing a fresh session low at 56.591 with RSI in the mid-30s, not yet oversold. The slide follows the in-line US PCE that removed fresh hawkish fuel but left the firm-dollar backdrop intact; sellers have driven a clean break of the 57.30 swing pivot.
Support: 56.591
Resistance: 57.30, 58.99
What it said to watch
M15 close below 56.591 extends the lower-low chain toward the 55.63 region
Reclaim of 57.30 swing pivot needed to stall the downtrend
UoM sentiment + inflation expectations at 14:00 UTC could reshape this read
Sequence of lower highs and lower lows off 58.99 peak.
Asia session grinding lower; silver has unwound the move off the 58.99 peak and is pressing fresh session lows at 56.69, sliding back despite yesterday's in-line PCE bounce. Lower highs and lower lows intact, RSI(14) near 37 — soft but not yet stretched.
Support: 56.69, 56.34, 55.63
Resistance: 57.50
What it said to watch
Loss of 56.69 session low opens the path toward 56.34 prior low and the 55.63 7-month low
M15 close back above 57.50 supply would break the lower-high sequence
UoM Michigan Sentiment + inflation expectations 14:00 UTC could materially shift this read
Silver rolled over from the 58.99 session high set during NY hours and has ground steadily lower through Asia, now pressing fresh session lows near 56.69. Price sits below EMA20/50 with RSI cooling into the mid-30s; the in-line PCE removed downside fuel but the oversold bounce has fully faded.
Support: 56.693, 56.338
Resistance: 57.50, 58.99
What it said to watch
M15 close below 56.69 opens the path to the 56.34 swing low
Reclaim of 57.50 lower high needed to stall the slide
UoM sentiment + inflation expectations at 14:00 UTC could shift this read
Silver faded from the NY-session peak near 58.99 back to 57.15 — a deep retrace of the prior rally — with RSI(14) near 30, short-term oversold. Lower highs are printing through the Asian session and price is back below both EMAs; in-line PCE removed fresh hawkish fuel but no bounce has materialised yet.
Support: 56.863, 56.653
Resistance: 57.59, 58.987
What it said to watch
M15 close below 56.86 confirms a lower-low and opens 56.65
Reclaim of 57.59 needed to break the descending lower-highs
UoM sentiment 14:00 UTC could materially shift this read
02:03 UTC
Downtrend, leg extending lower · RSI 39 · price 57.152
Lower highs, fading post-spike.
Silver has bled lower through the Asia session, unwinding the NY spike that tagged 58.99 and now pressing 57.10 with RSI(14) near 38. Lower highs persist off 58.80; in-line PCE removed fresh downside fuel but the intraday tone stays heavy.
Support: 56.86
Resistance: 58.00, 58.80
What it said to watch
M15 close below 56.86 confirms a fresh lower low
Reclaim of 58.00 negates the lower-high sequence
UoM sentiment + inflation expectations at 14:00 UTC could shift this read
01:47 UTC
Intraday pullback, momentum down · RSI 39 · price 57.308
Lower highs off 58.99 peak.
Silver spiked to 58.99 during NY hours on the oversold bounce, then faded through 58.00 and has been carving lower highs into the Asia session, now grinding session lows near 57.21. RSI(14) sub-40 with price below both EMAs; in-line PCE removed fresh downside fuel but the bounce has stalled.
Support: 57.21, 57.00, 56.97
Resistance: 58.02
What it said to watch
M15 close below 57.21 opens 57.00 and 56.97
Reclaim of 58.02 needed to negate the lower-high sequence
UoM Michigan sentiment + inflation expectations at 14:00 UTC could shift this read
Asia session: silver faded from the 58.0 area after the PCE-driven oversold bounce, printing lower highs and pressing back toward 57.21. Price hovers near session lows with RSI(14) mid-40s, no fresh bid emerging.
Support: 57.21, 56.97
Resistance: 57.59, 58.01
What it said to watch
M15 close below 57.21 extends the lower-low sequence toward 56.97
Reclaim of 57.59 needed to ease the fade
UoM sentiment + inflation expectations at 14:00 UTC could shift this read
01:32 UTC
Pulling back from NY highs · RSI 43 · price 57.352
Lower highs, fading toward session low.
Silver spiked to 58.99 during the NY session then faded after an in-line US PCE removed fresh fuel; price has carved lower highs and is now testing the 57.225 session low. RSI(14) near 43 with price back under EMA20/50 — the post-rout bounce is stalling.
Support: 57.225, 57.007, 56.653
Resistance: 57.87
What it said to watch
M15 close below 57.225 confirms a lower low and exposes 57.00
Loss of 57.00 round number opens the 56.65 swing low
Reclaim of 57.87 swing high would break the lower-highs sequence
UoM sentiment 14:00 UTC plus Fed Williams/Kashkari could shift this read
01:31 UTC
Pullback, momentum lower · RSI 43 · price 57.352
Lower highs off 58.99, retracing rally.
Asia session drifting lower after the NY rally to the 58.99 session high faded, helped earlier by an in-line US PCE removing fresh downside fuel. Price retraced into 57.35 with rejection capping at the 58.02 prior high; RSI(14) mid-range and price holding above the 57.22 session low.
Support: 57.225, 57.007
Resistance: 57.748, 58.025, 58.987
What it said to watch
M15 close below 57.225 confirms a lower low toward 57.00 psych
Reclaim of 57.748 swing high needed to challenge the 58.02 prior high
UoM sentiment + inflation expectations 14:00 UTC could shift this read
Silver's NY rally to 58.99 has rolled into a pullback through the Asia session, printing lower highs; the last bar swept the 58.00 psych level and rejected back to 57.43. Price now sits between the 57.28 swing low and the descending lower-highs line, RSI(14) cooled near 42.
Support: 57.28, 57.00
Resistance: 58.00, 58.47
What it said to watch
M15 close below 57.28 swing low extends the pullback toward the 57.00 round number
Reclaim of the 58.00 psych level needed to challenge the 58.47 prior high
UoM Michigan inflation expectations 14:00 UTC could materially shift this read
Silver spiked into 58.0 last bar and was rejected hard, closing back at 57.43 — a swept high after the post-PCE bounce stalled. Price is grinding lower-highs off the 58.99 peak, now mid-range in Asian hours between 57.28 and 58.0.
Support: 57.279, 56.97
Resistance: 58.00
What it said to watch
M15 close above 58.0 invalidates the lower-high read
Loss of 57.28 opens 56.97
UoM sentiment + inflation expectations at 14:00 UTC could shift this read
01:04 UTC
Range after NY rally faded · RSI 52 · price 57.83
Consolidation under 58.00 mid-fib.
Silver ripped from 56.65 to a session high near 58.80 during NY hours after in-line PCE removed fresh downside fuel, then faded back through the Asia session into a 57.36–58.02 range. Price now sits on the 50% retrace of that impulse around 57.83 with RSI back to neutral.
Support: 57.36, 56.65
Resistance: 58.02, 58.80
What it said to watch
M15 close above 58.02 reopens the 58.80 session high
Loss of 57.36 confirms a lower-low and unwinds the bounce
UoM Michigan inflation expectations at 14:00 UTC could materially shift this read
01:03 UTC
Range after sharp rally, momentum flat · RSI 50 · price 57.83
Consolidating below rally high.
Silver spiked to $58.99 on the in-line PCE relief bounce, then handed back most of it and has been ranging 57.36–58.10 through quiet Asian hours. Price sits near the 50% retrace of that rally with RSI flat around 50 — no directional setup in play.
Support: 57.36
What it said to watch
M15 close above 58.10 reopens the rally high at 58.99
Loss of 57.36 confirms a lower-low and pressures 55.63
UoM Michigan inflation expectations at 14:00 UTC could shift this read
Silver spiked to an intraday high of 58.99 during the prior session on an oversold bounce after in-line US PCE, then bled back into a 57.36–58.02 range through thin Asia hours. Price sits at 57.60, below EMA20 and EMA50, with the last leg down stalling at the 57.36 session low.
Support: 57.359, 57.00
Resistance: 58.025, 58.987
What it said to watch
M15 close below 57.359 confirms a lower-low and exposes 57.0
Reclaim of 58.025 reopens the path back toward the 58.99 high
UoM Michigan sentiment + inflation expectations at 14:00 UTC could materially shift this read
Silver faded from the 58.99 NY-session high back to 57.60, printing lower highs through a thin Asian session after the post-PCE relief bounce. RSI mid-range near 44; the recovery is stalling below the 58.02 swing high while the 57.36 swing low still holds.
Support: 57.36
Resistance: 58.02
What it said to watch
M15 close below 57.36 swing low confirms a lower low
Reclaim of 58.02 swing high needed to revive the bounce
UoM Michigan sentiment/inflation expectations at 14:00 UTC could shift this read
00:32 UTC
Intraday pullback off highs · RSI 42 · price 57.439
Lower highs since $58.80, fading the bounce.
Silver's oversold bounce stalled near $58.80 and price has rolled into a lower-high sequence, now testing the session low at 57.36 in early Asia. The in-line PCE removed fresh hawkish fuel but failed to extend the squeeze; RSI(14) near 41 with price under EMA20/50.
Support: 57.36, 57.02
Resistance: 57.75
What it said to watch
M15 close below 57.36 confirms a lower-low and opens 57.00
Reclaim of 57.75 would negate the lower-high read
UoM Michigan inflation expectations at 14:00 UTC could materially shift this read
00:32 UTC
Fading after NY rally, short-term downtrend · RSI 43 · price 57.439
Lower highs since 58.99 peak, pullback in play.
NY session ripped silver from 56.65 to a 58.99 session high after an in-line PCE removed fresh downside fuel, but the move has bled out through the Asia session back to 57.44. Lower highs since the peak and price now under both EMAs, with the 57.36 swing low the nearest support being tested.
Reclaim of 58.02 swing high would stall the pullback
UoM Michigan inflation expectations at 14:00 UTC plus Fed speakers could reset this read
00:17 UTC
Pulling back from highs, drifting lower · RSI 43 · price 57.632
Lower highs off 58.80, holding above 57.00.
Silver spiked to 58.99 then put in a matching 58.80 peak before rolling over; price has bled lower into Asia hours and now sits at 57.63 just above the 57.00 neckline. In-line US Core PCE removed fresh downside fuel after the brutal rout, but the recent sequence is lower highs with RSI(14) mid-range near 43.
Support: 57.007
Resistance: 58.025, 58.797
What it said to watch
Close below 57.00 confirms the double-top neckline break
Reclaim of 58.02 negates the lower-high sequence
UoM Michigan inflation expectations at 14:00 UTC could shift this read
00:17 UTC
Pullback after rally peak · RSI 44 · price 57.632
Lower highs off 58.99, drifting lower.
NY session spiked to 58.99 on the oversold bounce after in-line PCE, but the move faded and price has bled lower through Asia to 57.63, now under EMA20 and EMA50. A chain of lower highs from 58.99 caps the tape, with rejection repeatedly seen at 58.5 then 58.0.
Support: 57.36, 57.00
Resistance: 58.02, 58.51, 58.99
What it said to watch
M15 close back above 58.02 invalidates the lower-high read
Loss of 57.36 opens the path to 57.00
UoM Michigan sentiment + inflation expectations at 14:00 UTC could materially shift this read
Silver ripped from sub-57 to ~58.8 through NY then double-topped and faded, helped earlier by an in-line PCE that removed fresh downside fuel. Asia session is grinding the pullback lower; price at 57.66 sits below EMA20/50, mid-retrace of the rally with RSI cooling toward 42.
Support: 57.56, 57.30
Resistance: 58.02, 58.80
What it said to watch
Loss of 57.56 confirms a lower-low and reopens 57.30
M15 close back above 58.02 reasserts the session high
UoM Michigan sentiment + inflation expectations Fri 14:00 UTC could materially shift this read
00:03 UTC
Rally faded, pulling back · RSI 46 · price 57.656
Consolidating below session high after impulse up.
Silver spiked off the 56.34 low to a 58.99 session high during the London-NY push, then faded; in-line US Core PCE removed fresh downside fuel and underpinned the bounce. Thin Asia-hours trade now has it ranging 57.56-58.02, RSI(14) back to neutral after the pullback.
Support: 57.56, 57.00
Resistance: 58.02, 58.80
What it said to watch
Loss of 57.56 session low opens a retest toward 57.0
Reclaim of 58.02 recent high reopens the 58.80 session high
UoM sentiment + inflation expectations 14:00 UTC could shift this read