Silver staged a sharp recovery off Wednesday's 73.00 flush low into the NY session, reclaiming both EMAs and stalling at the 75.98 session high. Price has since gone sideways in a tight 75.50–75.80 band as Asia opens, with RSI rolling over from the mid-60s on the latest push — momentum behind the bounce is fading. Iran/Hormuz headlines remain the dominant driver, leaving the read tactical rather than trend.
Support: 75.48, 74.61, 73.00
Resistance: 75.98, 76.90
What it said to watch
H1 close above 75.98 session high opens path back to 76.90 prior swing
loss of 75.48 intraday low exposes 74.61 and reopens 73.00 week low
further US-Iran escalation headlines could materially shift this read
22:01 UTC
Rebound from midweek flush · RSI 56 · price 75.627
Lower-high sequence, sharp recovery off 71.78.
Silver round-tripped a violent week — pushed to 78.80 Tuesday on geopolitical bid, then collapsed to a 71.78 week low as US/Iran ceasefire headlines hit, and has now recovered nearly four dollars into 75.63. NY session bid stalled at the 75.98 session high with RSI cooling from 70 to 56, leaving the structure as a sharp v-recovery rather than confirmed continuation. Hawkish Musalem comments and the ceasefire MOU are competing drivers behind the chop.
Support: 74.85, 73.10, 71.78
Resistance: 75.98, 76.65, 78.80
What it said to watch
H1 close above 75.98 session high opens room toward the 76.65 prior pivot
Failure to hold the 74.85 recovery level reopens the 73.10 flush base
Tokyo CPI in the Asia session and any Trump approval / rejection of the Iran MOU could materially shift this read
Silver carved a V-reversal off the 71.78 week low, ripping ~390 pips during the NY session yesterday on USD weakness tied to US-Iran ceasefire reports. Price has reclaimed both EMA20 and EMA50 on H1, with RSI(14) cycling around 60 and the recovery now stalling under the 76.00 session high. Pullbacks since the low have held the 74.85 pivot, keeping the recovery structure intact.
Support: 74.85, 73.35, 71.78
Resistance: 76.00, 76.90, 78.20
What it said to watch
Hourly close above 76.00 opens path toward the 76.90 prior swing and 78.20 week high
Loss of the 74.85 pivot zone would expose the 73.35 intraday low and threaten the V-reversal read
Tokyo CPI in the Asia session and any reversal of US-Iran ceasefire headlines could materially shift this read
Wide range, lower-high then deep flush, sharp V-recovery.
Silver staged a sharp V-recovery from the 71.78 week low after a two-day liquidation that swept through 74.50 and stalled into the NY session. Price has reclaimed 75.00 but stalled into the 76.00 zone where EMA(20) and prior shelf converge; RSI lifted from oversold with bullish divergence on the final flush. Move coincided with USD selling on US-Iran ceasefire MOU headlines and Musalem's mixed Fed comments.
Support: 74.50, 73.10, 71.78
Resistance: 76.00, 77.10
What it said to watch
H1 close above 76.00 ema20 opens the path back to the 77.10 shelf
Rejection at 76.00 with failure to hold 74.50 re-opens the 73.10 flush low
Trump approval / rejection of the US-Iran MOU could materially shift USD and metals
19:01 UTC
Downtrend off mid-week high, sharp recovery into Thursday close · RSI 64 · price 75.904
Lower-low printed at 71.78, V-shaped reclaim back to prior breakdown shelf.
Price tagged a week low at 71.78 in the NY session before a sharp V-shaped reclaim back above 75.00, coinciding with USD selling on US-Iran ceasefire headlines. The move has retaken EMA(20) and EMA(50) on H1, with RSI cycling from oversold to 64 — bullish divergence at the lows confirmed by the reclaim. Price now sits just under the 76.20 supply pocket where the prior breakdown originated.
Support: 74.50, 73.10, 71.78
Resistance: 76.20, 77.10
What it said to watch
Sustained hold above 75.00 reclaim shelf keeps the recovery intact
Rejection at 76.20 supply or 77.10 breakdown level would mark a lower-high
Loss of 74.50 reopens the 73.10 intraday base
Further USD weakness on Iran deal headlines could extend the reclaim
Silver carved out a week low at 71.78 before snapping back almost four full dollars into the NY session, reclaiming EMA(20) on H1. The bounce comes against a backdrop of US/Iran ceasefire progress and a hawkish Musalem, with the dollar trade pulling silver in both directions inside a wide range. Price is now pressing the 76.45 prior shelf with RSI(14) at 60.8, having printed a bullish divergence into the lows.
Support: 74.30, 73.10, 71.78
Resistance: 76.45, 77.50, 78.80
What it said to watch
Hourly close back below 74.30 pivot zone would re-open the 73.10 bounce shelf
Acceptance above 76.45 prior shelf exposes 77.50 supply and the 78.80 week high
Further headlines on the US/Iran MOU could whip silver in either direction
Lower-low printed, aggressive bounce retracing the flush.
Week opened with a thrust to 78.80 in the NY session before sellers took control, culminating in a flush to 71.82 that swept the week low. Price has since recovered aggressively back to 75.88, reclaiming EMA20 but still trading below EMA50 in the breakdown zone around 76.30. The bounce was supported by hawkish Fed Musalem commentary fading and US-Iran ceasefire MOU headlines feeding a risk-on tone late NY.
Support: 74.50, 73.00, 71.82
Resistance: 76.30, 77.00, 78.80
What it said to watch
Hourly close back above 77.00 breakdown zone would neutralise the downtrend read
Rejection at 76.30 prior shelf keeps the lower-high sequence intact
Failure to hold 74.50 recovery base reopens 73.00 swing low
Trump approval on Iran MOU could materially shift this read in the next session
Lower highs and lower lows since Tuesday peak, rebound off 71.78.
Silver collapsed through Wednesday's NY session and into Thursday's London hours, posting a week low at 71.78 before a sharp recovery into the current NY session lifted price back to 74.73. The move broke the 76.46 shelf that capped action earlier in the week and price now sits below both EMAs, with the 75.46 area (EMA20) the first hurdle for any continuation higher. Hawkish Musalem and Williams remarks plus a softer Q1 GDP revision have driven volatility through the US session.
Support: 71.78, 73.82
Resistance: 75.46, 76.46
What it said to watch
Hourly close back above 75.46 (ema20) opens path toward the 76.46 broken shelf
Failure to hold 73.82 reopens the 71.78 week low
Further Fed speak could extend USD-driven volatility into the close
15:01 UTC
Downtrend, sharp leg lower · RSI 38 · price 73.238
Lower highs and lower lows since Tuesday peak.
Silver collapsed through 75.00 during the NY session yesterday and extended to a week low at 71.78 before a sharp recovery bounce stalled at 74.15. Price now sits well below EMA20 with structure firmly in lower-highs / lower-lows since Tuesday's 78.80 peak, and the post-PCE rebound is fading back toward the session low. RSI(14) recovered off oversold but remains sub-40, confirming the prevailing pressure.
Support: 72.16, 71.78
Resistance: 74.15, 76.30
What it said to watch
H1 close back above 74.15 intraday high would neutralise the downside continuation read
Loss of 72.16 session low reopens the 71.78 week low
Reclaim of 76.30 ema20 area needed to restore higher structure
Lower highs, lower lows; sweep of 71.78 reclaimed.
Silver broke down hard through 76.04 into the NY session yesterday and extended to a week low of 71.78 before the soft Q1 GDP revision and PCE prints knocked the dollar back, lifting price off the lows. Structure remains a clear downtrend with lower highs from 78.80, but the latest hourly bar has reclaimed 74.00 with RSI(14) lifting off oversold toward 42. EMA(20) sits overhead near 74.50 and has been the cleanest cap on every bounce this week.
Support: 73.00, 71.78
Resistance: 74.50, 76.04
What it said to watch
Hourly close back above the 74.50 ema20 would soften the downtrend read
Loss of 73.00 swing low reopens the 71.78 week low sweep zone
Further USD-soft data could fuel the recovery off the week low
13:01 UTC
Downtrend, sharp leg lower · RSI 43 · price 73.948
Lower highs and lower lows, weak bounce underway.
Silver has unwound sharply from the 78.80 high earlier in the week, with a stepped sell-off through the NY session yesterday and another impulsive leg lower this morning that printed a weekly low at 71.78. Price now mean-reverting off that low back toward broken support at 74.55, but the H1 sequence of lower highs from 78.80 remains intact and both EMAs sit overhead. The Silver FXStreet wire flagged the 1.5% drop, consistent with the H1 break of the 75.46 shelf.
Support: 72.96, 71.78
Resistance: 74.55, 75.46
What it said to watch
Hourly close back above 75.46 would neutralise the breakdown
Failure to hold 72.96 on retest opens the wk low at 71.78
US core PCE release at 12:30 GMT could materially shift this read
Silver has rolled over hard since Tuesday's NY session, breaking the 76.00 shelf and accelerating through 74.90 to print a week low at 71.78 before a modest bounce. Price trades below both EMA20 and EMA50 with RSI(14) in the low 30s — momentum extended, but no reclaim of the broken shelf so far. The recovery into 73.55 has been faded, keeping the intraday LH structure intact ahead of US core PCE.
Support: 71.78
Resistance: 73.55, 74.90, 76.00
What it said to watch
Hourly close back above 73.55 would break the intraday LH sequence
Loss of 71.78 week low extends the breakout leg
US core PCE print at 12:30 GMT could materially shift this read
Sharp leg lower from Wednesday's 77.50 area through the 74.50 prior shelf, marking a fresh four-week low at 71.79 in early NY hours before a recovery into the 73.50 area. Price is trading well below EMA20 and EMA50 with both sloping down, and RSI(14) has lifted off oversold while price held a higher low above 72.16 — a tentative bullish divergence into the bounce. The recovery is corrective in character until the 74.50 breakdown level is reclaimed.
Support: 72.16, 71.79
Resistance: 74.50
What it said to watch
Hourly close back above 74.50 prior shelf would neutralise the breakdown read
Loss of 72.16 session low reopens the 71.79 4-wk low
Headline risk around US-Iran Hormuz exchanges remains live and can re-shock the tape
Silver collapsed through the 74.65 shelf during the NY session yesterday and extended losses into Asia, posting a week low at 71.78 before a corrective bounce back to 73.50. Price is well below EMA20 and EMA50 with the structure printing lower highs and lower lows since Wednesday's 78.80 peak. The 73.50–73.60 prior high is now the immediate resistance test; failure to reclaim it keeps the broken shelf at 74.65 in focus as a deeper retest zone.
Support: 71.78
Resistance: 73.62, 74.65
What it said to watch
H1 close back above 74.65 broken shelf would neutralise the downtrend read
Loss of 71.78 week low extends the lower-low sequence
Middle East headlines around the Hormuz strikes remain a volatility risk into NY session
Lower-highs and lower-lows, fresh week low printed.
Silver collapsed through 74.50 during yesterday's NY session after the US strikes near Bandar Abbas hit risk sentiment, extending to a 71.78 week low before a corrective bounce into the Asia session. Price is back under EMA(20) with RSI(14) lifting off oversold; the 73.61 prior swing is the first capping level on the rebound. Structure remains lower-high, lower-low until 74.50 is reclaimed on a close.
Support: 72.16, 71.78
Resistance: 73.61, 74.50
What it said to watch
H1 close back above 74.50 broken shelf would neutralise the downtrend read
Failure to hold 72.16 session low reopens the 71.78 week low
Further Iran-US escalation headlines could re-accelerate the move
08:01 UTC
Downtrend, sharp leg lower · RSI 39 · price 73.528
Lower highs, lower lows after breakdown from 78 area.
Sharp breakdown through the NY session yesterday took silver from the 76.80 shelf to a 71.78 week low, accelerated by US-Iran headlines and bearish technical follow-through. Current bounce into 73.50 is a corrective move within an intact downtrend — price remains well below EMA20/EMA50 and the broken 74.50 shelf is now the first resistance to watch. RSI(14) cycling off oversold with mild bullish divergence at the lows, but no structural higher high yet.
Support: 71.78, 73.00
Resistance: 74.50
What it said to watch
H1 close back above the broken shelf at 74.50 would weaken the downtrend read
Failure to hold 73.00 psych opens path back to the 71.78 swing low
Further Iran-US escalation headlines could re-accelerate the move
07:01 UTC
Downtrend, sharp leg lower in progress · RSI 36 · price 73.30
Lower highs, lower lows; bounce off 71.78 swing low.
Silver has accelerated lower this week, with the move extending after the US-Iran headlines drove a sharp NY-session leg from 74.90 down to 71.78 — week low. The break of the 74.00 shelf flipped that level into a broken shelf, and price now sits well below EMA20/EMA50 with RSI(14) at 36 after tagging oversold. The latest H1 has bounced off the lows but remains inside the broken range.
Support: 71.78, 70.50
Resistance: 74.00, 74.90
What it said to watch
H1 close back above 74.00 broken shelf would neutralise the downtrend read
Loss of 71.78 week low extends the lower-low sequence toward 70.50 psych
Further US-Iran escalation headlines could drive a volatility spike either way
Silver has cracked sharply lower since yesterday's NY session, slicing through 74.90 and the 74.27 shelf in successive H1 candles on reports of fresh US strikes in Iran and risk-off flows. RSI(14) is deeply oversold near 28 and price is well below EMA(20) and EMA(50), with a tentative bounce from the 71.78 session low into 73.05 marking the first sign of stabilisation. The breakdown level at 74.90 now caps as resistance.
Support: 71.78, 71.00
Resistance: 74.27, 74.90
What it said to watch
Reclaim of 74.27 prior shelf would neutralise the breakdown read
H1 close below 71.78 session low extends the impulse toward the 71.00 psych level
Further Iran-related headlines during NY session could amplify volatility
05:01 UTC
Downtrend accelerating · RSI 17 · price 71.923
Lower highs, lower lows; sharp breakdown.
Sharp leg lower from the 78.80 weekly high, with price slicing through 75.65 and the prior 73.00 shelf in successive NY-session impulses. RSI(14) deep at 17 marks oversold conditions, yet each bounce attempt has been sold and the latest hour prints a fresh session low at 71.82. Both EMA(20) and EMA(50) sit well above price, reinforcing the downtrend bias on this window.
Support: 71.82, 71.50, 73.00
Resistance: 73.10, 75.65
What it said to watch
Hourly close back above 73.10 broken shelf would neutralise the breakdown
Failure to hold 71.82 session low opens path toward 71.50 psych
Lower highs, lower lows after failed push to 78.80.
Sharp reversal from Tuesday's 78.80 high has snowballed into a clean H1 downtrend, with sellers slicing through 75.50 and 74.27 in successive NY sessions. Price is now extended well below EMA20/50 with RSI(14) sub-20, but each rally back toward the prior swing has been faded — most recently the rejection at 74.90 before the leg to 72.16. Move is stretched, though no reversal structure has printed yet.
Support: 72.16, 74.27
Resistance: 73.51, 74.90, 75.50
What it said to watch
H1 close back above 73.51 needed to break the lower-high sequence
Failure to hold 72.16 opens path toward the psych 72.00 and below
RSI sub-20 with no divergence yet — first bullish divergence on a lower low would shift the read
Lower highs and lower lows after rejection from 78.80.
Silver has collapsed from the 78.80 peak set early in the week, slicing through 76.00 and then 74.00 with a fresh leg lower into the Asia session that printed a session low at 72.97. Price sits well below EMA20 and EMA50 with RSI(14) deep in oversold territory, but no reversal structure yet — the latest bar is a tight inside doji at 73.09. Geopolitical headlines around US strikes on Iran have done nothing to slow the selling.
Support: 72.97, 73.75
Resistance: 76.45
What it said to watch
Hourly close back above 73.75 would be the first sign sellers are losing grip
Loss of 72.97 session low extends the downtrend
Reclaim of EMA20 near 76.45 needed to neutralise the bearish structure
Oversold RSI raises odds of a relief bounce but no divergence yet
02:01 UTC
Downtrend, sharp leg lower · RSI 25 · price 73.121
Lower highs into fresh week low.
Silver collapsed through 74.27 prior low into the Asia session, printing a fresh week low at 73.00 with RSI(14) deep in oversold. Price has been trending lower since rejecting 78.80 mid-week, with each NY session yesterday and today extending the move. Last bar shows a small pause just above the session low but no reclaim of structure.
Support: 73.00, 74.27
Resistance: 74.90
What it said to watch
Hourly close back above 74.27 prior low would neutralise the breakdown
Acceptance below 73.00 session low extends the downtrend
RSI oversold raises odds of a corrective bounce into 74.90 pre-drop high
01:01 UTC
Downtrend, sharp leg lower · RSI 32 · price 74.554
Lower highs and lower lows after rejection from 78.80.
Sharp reversal from the 78.80 week high through the NY session, with the 75.50 shelf giving way and price extending to a 73.43 swing low before a modest bounce. Trading well below EMA20 and EMA50 with RSI in the low 30s, momentum sits firmly with sellers but the bounce off 73.43 has stalled into the 75.50 broken shelf area.
Support: 74.08, 73.43
Resistance: 75.50, 78.80
What it said to watch
Hourly close back above 75.50 broken shelf would neutralise the downtrend read
Failure to hold 74.08 session low reopens the 73.43 swing low
BoJ/MoF and Iran-related USD headlines remain a tail risk for the next session
00:01 UTC
Downtrend, sharp leg lower · RSI 34 · price 74.635
Lower high at 78.80, breakdown through 75.50 channel support.
Sharp leg lower into Wednesday's NY session sliced through 75.50 channel support and the prior week's 74.60 base, printing a session low at 74.27 before a shallow bounce stalled under 74.80. Price trades well below EMA(20) and EMA(50) with RSI(14) in the low 30s, confirming the breakdown rather than exhausted selling. Lower high at 78.80 on Tuesday remains the dominant structure for the week.
Support: 74.27, 73.75, 73.00
Resistance: 75.50
What it said to watch
Hourly close back above 75.50 broken support would neutralise the breakdown read
Failure to hold 74.27 session low opens path toward 73.75 week low and 73.00 psych
Fed speakers (Jefferson, Lane) in Tokyo today could materially shift this read