XAG/USD AI Live Scan, 15-minute chart, Monday, 28 September 2026
Every read JAFX AI made on the XAG/USD 15-minute chart that day, newest first: trend, structure, the levels it marked and what it said to watch.
23:47 UTC
Downtrend, pausing in thin Asia trade · RSI 38 · price 60.769
Lower highs from 61.794; tight Asian range above the 60.605 low.
Silver extended Monday's yield-driven slide. The NY high at 61.794 was rejected and a lower high followed at 61.68, before a late-NY print at the 60.605 prior low. Early Asia is holding a narrow 60.686–60.84 range, with the asian low and asian high as the boundaries and price capped below the 61.00 psych level and the lower-highs trendline.
Support: 60.686, 60.605, 60.00
Resistance: 60.84, 61.00, 61.243
What it said to watch
M15 close below the 60.605 prior low extends the lower-low sequence toward the 60.00 round number
Break of the 60.84 asian high with a hold above 61.00 psych would challenge the lower-highs trendline and the 61.243 swing high
Fedspeak from 11:30 UTC and JOLTS at 14:00 UTC could materially shift this read
23:32 UTC
Downtrend, Asia pausing near lows · RSI 42 · price 60.824
Lower highs 61.80/61.68/61.59 into 60.605 day low; tight Asian range.
Silver's ~5% Monday slide on 10y yields near the 5.23% high and firmer Fed hike bets left NY rallies capped at a descending trendline off the 61.80 high, with lower highs at 61.68 and 61.59 before the 60.605 day low. Early Asia is holding a narrow 60.71–60.84 range below EMA20, about 18% into the fib retracement of that drop.
Support: 60.709, 60.605, 60.00
Resistance: 60.84, 61.063, 61.204
What it said to watch
M15 close above the 60.84 asian high puts the 61.06 38.2 fib in play
Descending trendline and 50% fib converge near 61.20; a break there ends the lower-high sequence
Failure below the 60.605 day low extends the downtrend toward 60.00 psych
Tue Fedspeak from 11:30 UTC and JOLTS 14:00 UTC could materially shift this read
23:18 UTC
Downtrend, pausing near lows · RSI 33 · price 60.743
Lower highs and lower lows; tight Asian range just above the 60.605 prior low.
Monday's Asia and London legs took silver from 63.93 through 61.00 as yields near their high firmed the USD. NY rallies were rejected at the 61.80 and 61.68 ny high, and a late fade printed the 60.605 prior low. Tuesday's early Asia session is holding a narrow 60.709–60.82 range between the asian low and asian high, with RSI(14) near 33.
Support: 60.709, 60.605, 60.00
Resistance: 60.82, 61.243, 61.68
What it said to watch
A close below the 60.605 prior low extends the lower-low chain, with the 60.00 round number next
A move back above the 60.82 asian high and the 61.243 lower high would test the lower-highs trendline
Loss of the 60.709 asian low shifts attention back to the prior low
JOLTS and Consumer Confidence at 14:00 UTC, plus Fedspeak from 11:30 UTC, could materially shift this read
23:04 UTC
Downtrend, pausing above the day low · RSI 32 · price 60.749
Lower highs from 61.803; tight Asian range just above the 60.605 day low.
Monday's ~5% yield-driven slide printed lower highs at 61.803, 61.68 and 61.589 through NY hours, then ground down to a 60.605 day low late in the session. Tuesday's Asia session opened with a small gap up and is holding a narrow 60.686–60.82 range (session low to session high), below the broken floor at 60.94 and under both EMAs.
Support: 60.686, 60.605, 60.00
Resistance: 60.82, 60.94, 61.204
What it said to watch
M15 close below the 60.605 day low extends the lower-low sequence, with the $60.00 psych level next
Reclaim of the 60.94 broken floor, then the fib 50% at 61.204, needed to challenge the lower-highs trendline
Break of the session high at 60.82 ends the Asian consolidation to the upside; loss of the session low at 60.686 ends it to the downside
Fedspeak from 11:30 UTC and JOLTS at 14:00 UTC Tuesday could shift the yield-driven read
22:32 UTC
Downtrend, lower highs through NY · RSI 32 · price 60.728
LH/LL chain; tight early-Asia range above the day low.
Silver set lower highs through NY at 61.80, 61.68 and 61.59. It lost London's 60.94 prior low and closed Monday at the 60.605 day low, with US yields pinned near the 19-year high. Tuesday's early Asia session is holding a tight 60.69–60.82 band just above that low, RSI(14) near 32.
Support: 60.605, 60.00
Resistance: 60.82, 60.938, 61.243
What it said to watch
M15 close below the 60.605 day low extends the lower-low sequence and opens the path to the 60.00 round number
Recovery above the 60.82 Asia high and the 60.94 prior low brings the 61.20 fib 50% and the 61.24 swing high into view
A close above the lower-highs trendline near 61.27 invalidates the downtrend read
Fedspeak from 11:30 UTC and JOLTS / Consumer Confidence at 14:00 UTC Tue could materially shift this read
Lower highs and lower lows since the Monday gap; lower highs at 61.80, 61.68 and 61.24.
Silver gapped lower at the open and slid through Asia and London as US 10y yields pressed the 5.27% high. NY put in a 61.80 ny high, then 61.68 and 61.24 as successive lower highs, and closed at a 60.605 session low late in the NY session. The early-Asia bounce to 60.81 is holding above the 60.737 prior low but sits below the 61.08 breakdown level and the 38.2% fib, with RSI(14) near 36.
Support: 60.737, 60.605, 60.00
Resistance: 61.08, 61.243, 61.803
What it said to watch
M15 close above the 61.24 lower high breaks the lower-high chain; 61.08 breakdown / 38.2% fib is the first cap
Failure to hold the 60.737 prior low exposes the 60.605 session low; a break there extends lower lows toward the 60.00 round number
Tue Fedspeak from 11:30 UTC and JOLTS/Consumer Confidence at 14:00 UTC could materially shift this read
A move back toward the 61.803 ny high would neutralise the intraday downtrend
Lower highs from 61.589; London-NY 60.94–61.80 range broken lower late NY.
A late-NY slide broke the 60.94 range floor that held through London and NY. Price printed a session low at 60.605 below the 60.737 NY low, while the lower-high trendline from 61.589 capped each bounce. The move extends Monday's yield-driven selloff from 64.0, with RSI(14) near 32 and not yet oversold.
Support: 60.605, 60.00
Resistance: 60.737, 60.94, 61.243
What it said to watch
Recovery back above the 60.737 ny low would mark the break as a false break
M15 close back above the 60.94 range floor restores the 60.94–61.80 range read
Close below the 60.605 session low leaves the 60.00 round number as the next reference
Close above the lower-high trendline near 61.243 ends the lower-high sequence; the 38.2% selloff fib of the 61.80–60.605 leg sits near 61.06
Tue Fedspeak from 11:30 UTC and JOLTS 14:00 UTC could shift the yield driver behind this move
Lower highs from 61.80; late-NY break below the NY low.
Monday's gap-down unwound through Asia and London, taking silver through the 62.00 area as US yields pressed highs. Late NY held a lower-high sequence from 61.80 and slipped below the 60.737 NY low to a 60.605 session low. RSI(14) sits near 24 and bars are compressing into the low.
Support: 60.605, 60.00
Resistance: 60.737, 60.94, 61.243
What it said to watch
M15 close back above the 60.737 NY low would turn the late-NY break into a false break
Recovery through the 61.243 lower high breaks the lower-high chain; the 60.94 london low is the first overhead test
Loss of the 60.605 session low leaves 60.00 psych as the next marked level
Fedspeak from 11:30 UTC and JOLTS/Consumer Confidence at 14:00 UTC Tue could shift the read via yields and USD
Lower highs from 61.803; NY low broken to fresh session low.
Silver gapped about 30 cents below Friday's 64.32 close and Asia drove it through 62.00 as US yields and the dollar pressed higher. Lower highs at 61.80, 61.68 and 61.59 then capped NY, and the post-NY drift broke the 60.737 NY low, leaving the 60.94 London base overhead and a new session low at 60.605. RSI(14) is near 31, soft but not yet oversold.
Support: 60.605, 60.00
Resistance: 60.737, 60.94, 61.243
What it said to watch
M15 close back above the 60.737 NY low would mark the break as a false break
Acceptance above the 60.94 London base and the 61.243 lower high would invalidate the lower-high sequence
Failure to hold the 60.605 session low exposes the 60.00 round number
Fedspeak from 11:30 UTC and JOLTS at 14:00 UTC Tue could materially shift this read
21:17 UTC
Downtrend, grinding to fresh lows late NY · RSI 32 · price 60.633
Lower highs since the 61.80 NY rejection; new session low at 60.605.
Silver gapped lower at the open and slid through 62.00 in the Asia session as US yields held near the 5.23% high and the dollar stayed firm. The NY bounce was rejected at the 61.80 swing high and has printed lower highs since. Late NY broke the 60.94 London low and the 60.737 prior low, and price now sits at the 60.605 session low with RSI(14) near 32. It is not yet oversold.
Support: 60.605, 60.00
Resistance: 60.737, 60.94, 61.803
What it said to watch
Break below the 60.605 session low leaves the 60.00 round number as the next reference
Recovery above the 60.94 London low, and then the lower highs trendline, would stall the intraday downtrend
A reclaim of the 61.20 fib 50% of the 61.80–60.61 leg would mark a deeper retracement
Fedspeak from 11:30 UTC and JOLTS/Consumer Confidence at 14:00 UTC Tue could materially shift this read
Late in the NY session, silver ground down to a new session low at 60.605. It cut through the 60.74 afternoon low and the 60.94 broken low from London, and the lower-high chain from the 61.80 NY high is intact as US yields near 19-year highs keep pressure on. RSI(14) sits near 29, heavy but not extreme, and the final bars are compressing at the low.
Support: 60.605, 60.00
Resistance: 60.94, 61.243, 61.803
What it said to watch
M15 close back above the 60.94 broken low negates the breakdown
Break above the 61.24 lower high ends the lower-high chain and the trendline
Loss of the 60.605 session low exposes the 60.00 round number
JOLTS and Consumer Confidence at 14:00 UTC Tue, plus the Fed speaker slate, could materially shift this read
20:47 UTC
Downtrend, fresh session lows late NY · RSI 37 · price 60.616
Lower highs from 61.80, lower low below NY low.
Late NY session: silver extended Monday's slide, driven by US yields near the 5.23% high and a firm USD. Price broke the afternoon floor at the 60.737 NY low and printed a session low at 60.605. The chain of lower highs at 61.80, 61.68 and 61.24 is intact, and RSI(14) near 37 is not yet at an oversold extreme.
Support: 60.605, 60.00
Resistance: 60.737, 60.94, 61.243
What it said to watch
Recovery back above the 60.737 ny low negates the fresh-low break
The 60.94 london low, support until 19:45 UTC, is the first broken floor overhead
M15 close above the 61.243 lower high breaks the lower-high chain; the 50% fib of the NY drop sits near 61.20
Failure to hold the 60.605 session low leaves the 60.00 round number as the next reference
Tue JOLTS/Consumer Confidence 14:00 UTC and the Fedspeak parade could materially shift this read
20:32 UTC
Downtrend, fresh lows late NY · RSI 37 · price 60.692
Lower highs below 61.68; new session low 60.668 under the 60.737 NY low.
Silver gapped lower at the weekly open and bled through Asia and London as US yields held near the 5.23% high and the USD stayed firm. After London close, the 61.68 spike faded into a lower-highs trendline, and price has slipped through the 60.737 NY low to a new session low at 60.668. RSI(14) near 37 is not stretched.
Support: 60.668, 60.00
Resistance: 60.737, 60.94, 61.243
What it said to watch
Close back above the 60.94 london low negates the late-NY breakdown
Failure to hold the 60.668 session low extends the lower-low chain toward the 60.00 round number
Break of the lower-highs trendline and a close above the 61.243 lower high shifts structure to range
Tue JOLTS and Consumer Confidence at 14:00 UTC, plus Fedspeak, could materially shift this read
20:17 UTC
Downtrend, lower highs through NY · RSI 34 · price 60.745
Monday's yield-driven selloff from the 64.30 Friday close extended late in NY. Price broke the 60.94 breakdown floor that had held since London open and printed a new session low at 60.684, under the 14:45 UTC low at 60.737. Rallies are capping along a falling resistance line from the 61.79 NY high, with the last lower high at 61.24 near the 50% fib of the NY leg. RSI(14) sits mid-30s, weak but not stretched.
Support: 60.684, 60.00
Resistance: 60.94, 61.24, 61.68
What it said to watch
M15 close back above the 60.94 breakdown level negates the range break
Recovery through the 61.24 lower high and the 50% fib breaks the lower-high chain
Holding below the 60.684 session low keeps the 60.00 round number in view during the thin Asia session
Tue Fedspeak from 11:30 UTC and JOLTS at 14:00 UTC (f/c 7.23M), with US 10y yields near 5.27%, could materially shift this read
Monday's Asia-to-London selloff from 64.0 on firm yields and hike bets carried silver to the London low at 60.94. NY then ranged 60.74–61.80, and the spike to 61.68 on Iran sanctions-relief headlines faded. Late NY is printing lower highs under the trendline from 61.59, with price back on 60.94 and the 61.24 lower high capping.
Support: 60.94, 60.737
Resistance: 61.243, 61.68, 61.803
What it said to watch
M15 close below the 60.94 london low exposes the 60.737 session low
Break of the 60.737 session low extends the breakdown leg
Close above the 61.24 lower high breaks the trendline and neutralises the late-NY fade
Reclaim of the 61.68 spike high and 61.80 ny high puts the NY range top back in play
Fib 50–61.8% of the NY high-low drop (61.27–61.40) caps bounces so far
Tuesday Fed speakers and JOLTS, plus Iran headlines, could reset this read
19:32 UTC
Downtrend, pausing in a range · RSI 47 · price 61.075
60.74–61.80 range since London; lower highs pressing on the swing low.
The Asia-to-London slide from 64.01, driven by a firm USD and yields near 19-year highs, has stalled into a 60.74–61.80 range through NY. Lower highs at 61.80, 61.68 and 61.59 are compressing price toward the 60.94 swing low. Late NY is fading the 16:15 UTC spike tied to Iran sanctions-relief headlines, and price sits just above 61.00.
Support: 60.94, 60.737
Resistance: 61.589, 61.803
What it said to watch
M15 close below the 60.94 swing low exposes the 60.74 session low and extends the lower-low sequence
Close above the 61.59 lower high breaks the lower-highs trendline; the 61.80 session high then caps the range
Asia session open on thin liquidity; further US-Iran sanctions-relief headlines could trigger another spike like 16:15 UTC
Tue Fed speakers from 11:30 UTC and JOLTS 14:00 UTC could materially shift this read
19:18 UTC
Downtrend, basing near lows · RSI 45 · price 60.977
Lower highs inside 60.74–61.80 range, back at the floor.
Monday gapped lower and sold off through Asia and London from 64.0 to the 60.94 London low as 10y yields pushed toward 19-year highs. NY printed the 60.74 day low after rejection at the 61.80 session high. The sanctions-relief headline spike stalled at a 61.68 lower high and faded, and late NY has slipped back from the 61.24 minor high to test 60.94.
Support: 60.94, 60.737
Resistance: 61.243, 61.68, 61.803
What it said to watch
M15 close below the 60.74 day low confirms a lower low and extends the downtrend
M15 close above the 61.68 lower high breaks the lower-highs sequence; 61.80 session high is next
Holding the 61.24 minor high as a cap keeps price pinned to the range floor
US-Iran sanctions-relief headlines and Tuesday Fed speakers/JOLTS (14:00 UTC) could materially shift this read
19:04 UTC
Post-selloff range, lower highs since NY open · RSI 47 · price 61.088
60.74–61.80 range; lower highs from ny high.
Monday's roughly $3 Asia-session slide, driven by 10y yields near 19-year highs, has settled into a 60.74–61.80 range through London and NY. The NY break to the 60.74 day low was a false break and was quickly reclaimed. Since then, lower highs from the 61.80 ny high to the 61.59 lower high and a 61.24 minor high have price drifting under ema20 toward the 60.91 swing low late in the NY session. RSI(14) is neutral near 47, and ATR(14) is about 235 pips.
Support: 60.912, 60.737
Resistance: 61.243, 61.589, 61.803
What it said to watch
M15 close below the 60.91 swing low reopens the 60.74 day low; losing that exposes the 60.00 round number
M15 close above the lower-highs line and the 61.24 minor high reopens the 61.59 lower high
Acceptance above the 61.80 ny high would break the range-top read
US-Iran sanctions headlines could move yields and silver during thin Asia-session trade
Tue JOLTS 14:00 UTC and Fedspeak (Williams 18:00, Waller 19:00 UTC) could materially shift this read
18:47 UTC
Downtrend, pausing in compression · RSI 50 · price 61.163
Lower highs and higher lows inside a 60.74–61.80 range.
The yields-driven Asia-session slide from 64.08 stalled near 60.94 in London. A NY false break to the 60.74 range low reversed into a spike to 61.68 as Iran sanctions-relief reports trimmed the USD bid. Since then, lower highs from the 61.80 range top and higher lows at 60.91 and the 61.09 swing low have compressed price into a pennant near 61.16, with RSI(14) neutral around 50 and price just below both EMAs.
Support: 61.093, 60.912, 60.737
Resistance: 61.589, 61.803, 62.00
What it said to watch
M15 close below the 61.09 swing low and the rising pennant line exposes the 60.91 higher low and the 60.74 range low
Close above the 61.59 lower high breaks the pennant top; the 61.80 range top is next
Acceptance above 61.80 brings the 62.00 round number, the old range floor, into view
Asia session is typically thin; the pennant may hold until Tue Fedspeak from 11:30 UTC and JOLTS at 14:00 UTC (f/c 7.23M)
Lower highs inside 60.74–61.80 range after trend-day selloff.
A weekend gap lower from 64.32 led into an Asia-session liquidation through broken 62, with London basing near the 60.94 london low and NY printing the 60.737 day low at 14:45 UTC. Since then a lower high sequence (61.80 session high, 61.68, then 61.59 into Cook's 17:15 UTC remarks) has capped price under the descending trendline. Late in the NY session it is drifting back to 61.13, below EMA20/50 with RSI(14) near 46.
Support: 60.938, 60.737
Resistance: 61.589, 61.803, 62.00
What it said to watch
M15 close above the 61.59 lower high breaks the descending trendline and opens the 61.80 session high
Failure to hold the 60.94 london low exposes the 60.737 day low; a break there extends the downtrend
Broken 62 at 62.00 is the first test for any short-covering bounce
Tuesday Fedspeak from 11:30 UTC and JOLTS at 14:00 UTC (f/c 7.23M) could materially shift this read
18:17 UTC
Downtrend, compressing after NY low · RSI 50 · price 61.218
Lower highs and higher lows off the 60.74 session low; pennant tightening.
Monday's gap-down and yield-driven flush below $62 left silver in a downtrend. NY hours have since compressed into a pennant between the 61.80 session high and the 60.74 session low, with lower highs at 61.68/61.59 and a higher low at 61.11. The pop into Cook's 17:15 UTC remarks faded, leaving price just under the EMA20 and EMA50 with RSI(14) near 50.
Support: 61.113, 61.00, 60.737
Resistance: 61.589, 61.803
What it said to watch
M15 close below the 61.11 higher low breaks the pennant floor and exposes 61.00 psych, then the 60.74 session low
M15 close above the 61.59 lower high invalidates the pennant read and brings the 61.80 session high back into view
Thin late-NY/Asia liquidity ahead of Tuesday's JOLTS (14:00 UTC) and Fedspeak, which could materially shift this read
Pennant: lower highs from 61.80, higher lows from 60.74.
Late NY, silver is compressing into a pennant after Monday's flush from 64.08 to the 60.74 session low. Lower highs sit at the 61.80 NY high and 61.59, higher lows at 60.74 and 61.11, and price is pinned to a flat EMA20. The whipsaw around Cook's 17:15 UTC remarks stayed inside that structure, with the 60.94 London lows below.
Support: 61.11, 60.94, 60.74
Resistance: 61.59, 61.80, 62.00
What it said to watch
M15 close below the 61.11 higher low and the higher lows trendline breaks the pennant, exposing the 60.94 London lows and the 60.74 session low
M15 close above the 61.59 lower high and the 61.80 NY high opens the 62.00 former sup, which lines up with the 38.2% of the flush fib
Tuesday JOLTS (14:00 UTC, f/c 7.23M) and heavy Fedspeak could materially shift this read
17:47 UTC
Downtrend, pausing in late NY session · RSI 50 · price 61.344
Pennant after Monday drop; lower highs, higher lows.
The Monday drop from 64.08 ran through Asia and the London open on firm yields and Fed-hike repricing. It printed a 60.74 day low in NY hours after a rejection at the 61.80 NY high. Since then price is coiling in a pennant, with a lower high at 61.59 and a higher low at 61.11. RSI(14) is flat near 50 and EMA20 sits just under price.
Support: 61.113, 60.938, 60.737
Resistance: 61.589, 61.803, 62.00
What it said to watch
M15 close above the 61.59 lower high breaks the pennant top and brings the 61.80 NY high and the 62.00 broken floor (near the 38.2% of the Monday drop) into view
Close below the 61.11 higher low exposes the 60.94 London base and the 60.74 day low
Fed's Cook (from 17:15 UTC) and Tuesday JOLTS at 14:00 UTC can reprice hike odds and shift this read
17:32 UTC
Downtrend, consolidating after Asia flush · RSI 52 · price 61.408
60.74–61.80 range, lower highs and higher lows compressing into a pennant.
Silver's Asia-session flush through the 62.00 former supp, on cycle-high yields and firm Fed-hike bets, has given way to a 60.74–61.80 range. Since the 61.80 session high, lower highs at 61.68 and 61.59 and higher lows off the 60.74 day low are compressing price into a pennant. Late in NY hours, price sits on the 61.8% of the NY drop fib near 61.40, with RSI(14) neutral near 52.
Support: 61.11, 60.91, 60.74
Resistance: 61.59, 61.80, 62.00
What it said to watch
M15 close above the 61.59 lower high and the pennant resistance line exposes the 61.80 session high
A break of the 61.11 higher low and the pennant support line reopens the 60.91 range floor and the 60.74 day low
Clearance of 61.80 brings the 62.00 former supp into view as the first broken-level test
Cook's remarks (17:15 UTC) are in progress; Tuesday Fedspeak from 11:30 UTC and JOLTS at 14:00 UTC could materially shift this read
17:17 UTC
Downtrend, NY rebound inside range · RSI 48 · price 61.479
60.74–61.80 NY range, higher lows since 60.74.
Monday's yield-driven flush through the 62.00 prior floor has stalled into a 60.74–61.80 NY range, with the session low at 60.74 and a swing low at 60.91 holding since. The rebound off a 61.11 higher low has twice stalled near 61.59, at the 78.6% fib, below the 61.68 swing high, with RSI(14) near 48.
Support: 61.11, 60.91, 60.74
Resistance: 61.68, 61.80, 62.00
What it said to watch
Fed's Cook speaking now (17:15 UTC) could break the session range either way
M15 close above the 61.80 session high breaks the NY range and exposes the 62.00 prior floor
Loss of the 61.11 higher low reopens the 60.91 swing low and the 60.74 session low
Rejection at the 61.68 swing high and 78.6% fib keeps price capped inside the range
17:05 UTC
Downtrend, pausing in a contracting range · RSI 45 · price 61.161
Lower highs 61.80/61.68 against a higher low at 60.91 after the Asia flush.
Most of the ~5% flush through 62.00 came in the Asia session, driven by firm yields and Fed-hike pricing. London and NY have held a 60.74–61.80 range since then. A rejection at the 61.80 NY high was followed by a London-close spike to 61.68 that faded, a lower high against the 60.91 higher low, so price is compressing near 61.15 with RSI(14) ~45.
Support: 60.912, 60.737
Resistance: 61.68, 61.803
What it said to watch
M15 close below the 60.91 higher low breaks the compression and exposes the 60.74 day low
M15 close above the 61.68 lower high reopens the 61.80 NY high and invalidates the lower-high read
Fed's Cook speaks at 17:15 UTC and could materially shift this read
16:47 UTC
Downtrend, basing in wide intraday range · RSI 53 · price 61.519
Post-flush range 60.74–61.80, false break of range low reclaimed.
Firm USD and yields near 5.23% drove silver from 64.08 in Asia to 60.97, then into a 60.74–61.80 range. The NY dip to a 60.737 session low below the 60.94 floor proved a false break. After London close, the 16:15 UTC bar ran 760 pips from the 60.91 ny base to a 61.68 spike high, with RSI(14) near 53, price just above the ema50 and sitting at the 78.6% level of the ny swing fib.
Support: 60.91, 60.737
Resistance: 61.68, 61.803, 62.00
What it said to watch
Fed's Cook at 17:15 UTC could materially shift this read
A close above the 61.68 spike high and 61.80 ny high breaks the range top and brings the broken 62 floor at 62.00 into view
Failure to hold the 60.91 ny base returns focus to the 60.737 session low and the 60.00 handle
Slipping back below 61.40 (61.8% of the ny swing fib) keeps the late-session spike as a range move only
16:32 UTC
Downtrend, basing in a range since London · RSI 54 · price 61.519
Range 60.74–61.80 below lower-highs line.
Silver gapped lower at the Asia open and slid from 64.01 to 60.97, breaking the 62.00 broken level on a firm USD and 10y yields near 5.23%. Since the London session it has ranged 60.74–61.80, with rejections at the 61.75–61.80 session high. The 16:15 UTC spike off 60.92 retraced about 73% of the NY leg down, putting price back above the ema20 near 61.20 while the 61.68 spike high caps.
Support: 61.20, 60.94, 60.737
Resistance: 61.68, 61.803, 62.00
What it said to watch
M15 close above the 61.80 session high breaks the range top and the lower-highs line, exposing the 62.00 broken level
Loss of the 60.94 london low, then the 60.74 session low, resumes the lower-low sequence
Slip back below the ema20 at 61.20 neutralises the spike-high bounce
Fed's Cook at 17:15 UTC could materially shift this read
Silver gapped lower at the weekly open and slid from 64.08 to 60.74 on a firmer USD and yields near 5.23%, with every bounce making a lower high. NY rejected the 61.80 ny high and set a fresh session low at 60.74. The rebound stalled at the 61.19 swing high near the 38.2% fib, and price is back under the 61.00 round number with RSI(14) ~40.
Support: 60.737, 60.00
Resistance: 61.00, 61.187, 61.803
What it said to watch
M15 close above the 61.19 swing high breaks the lower-high sequence and puts the 61.27–61.80 ny high zone back in play
Break of the 60.74 session low extends the lower-low chain toward the 60.00 psych handle
Failure to reclaim the 61.00 round number keeps the late-NY bounce capped
Fed's Cook at 17:15 UTC could materially shift this read
Lower highs from 61.80 ny high; session low swept, 61.00 psych reclaimed.
Monday's Asia-session flush through the broken 62.00–62.30 zone came on a firm USD and yields near 5.23%. Selling then settled into a 60.94–61.22 London range with the london low at the bottom and the range top at 61.22. NY saw a rejection at the 61.80 ny high, then swept the london low to a 60.737 session low before reclaiming the 61.00 psych level. Price sits below EMA20/50 near the 38.2% ny swing fib retrace, RSI(14) at 45.
Support: 61.00, 60.94, 60.737
Resistance: 61.22, 61.80
What it said to watch
M15 close back below 61.00 psych re-exposes the 60.94 london low and 60.737 session low
Break under the 60.737 session low extends the lower-low chain toward the 60.00 handle
Close above the 61.22 range top and the 50% ny swing fib at 61.27 opens a retest of the 61.80 ny high
Fed's Cook at 17:15 UTC could materially shift this read
15:47 UTC
Downtrend, NY rebound failed · RSI 42 · price 61.017
Lower low at 60.737 after a false break of the London high.
Monday's gap-down selloff from 64.0 cut through the 62.00/62.30 former range floor in Asia and extended into London, with 10y yields near the 5.23% high as the driver. NY pushed through the London high at 61.445 to a 61.803 NY high, then reversed to a fresh session low at 60.737. Price now sits just above the London low at 60.938 after London close, with RSI(14) near 42.
Support: 60.938, 60.737
Resistance: 61.187, 61.445, 61.803
What it said to watch
M15 close below the 60.737 session low extends the lower-low chain toward the 60.00 psych level
Loss of the 60.938 London low puts the session low back in play
The 61.187 bounce high sits between the 38.2% and 50% retracement of the NY drop; a close above it opens the 61.445 London high
M15 close back above the 61.803 NY high invalidates the downtrend read
Fed's Cook at 17:15 UTC could materially shift this read via yields
15:31 UTC
Downtrend, NY bounce off fresh low · RSI 42 · price 61.08
London range 60.94–61.80 broken lower in NY, price back above range floor.
The Monday flush through $62.00 on 5.2% 10y yields held a London range of 60.94–61.80. The early-NY rejection at the 61.80 session high broke the london low for a 60.74 ny low. Price is back near 61.08, capped around the 38.2% fib at 61.14–61.19, with RSI(14) at 42.
Support: 60.94, 60.74
Resistance: 61.35, 61.80
What it said to watch
M15 close back below the 60.94 london low turns the sweep into acceptance lower and reopens the 60.74 ny low, then the $60.00 psych level
Close above the 61.35 ny pivot (near the 61.8% fib) restores the London range toward the 61.80 session high
Fed's Cook at 17:15 UTC could shift yields and this read
15:18 UTC
Downtrend, bouncing off fresh day low · RSI 45 · price 61.066
NY open spike rejected, London range broken lower.
The Asia flush from 64.08 cut through the 62.30/62.00 former range floor as yields and hike bets pressed, and London then held a 60.94–61.45 range. The NY open spike to the 61.80 ny high was rejected. The 14:30 UTC breakdown from 61.345 took out the london low to a fresh day low at 60.737, and price is now back near 61.07, below both EMAs with RSI(14) mid-40s, inside the lower part of the ny drop fib.
Support: 60.938, 60.737, 60.00
Resistance: 61.345, 61.803
What it said to watch
M15 close below 60.737 day low extends the lower-low sequence toward 60.00 psych
Holding back above the 60.938 london low turns the break into a false break
Recovery through the 61.345 breakdown level (near ny drop fib 61.8%) reopens the 61.80 ny high
Fed's Cook at 17:15 UTC could shift the yield driver and this read
15:03 UTC
Downtrend, fresh session low in NY · RSI 41 · price 60.883
Lower highs from Asia; London range 60.94–61.22 broken lower.
Monday's gap-down flush from 64.01 resumed mid-NY session as the 61.75/61.80 double top (ny high) rejected, and price broke the 60.95 morning low to a fresh session low at 60.737 on yields near 5.23% and hike repricing. Price is capped by the descending trendline from the Asia high, and RSI(14) near 40 is not stretched.
Support: 60.737, 60.00
Resistance: 60.95, 61.144, 61.80
What it said to watch
M15 close back above the 60.95 morning low would turn the range break into a false break
Loss of the 60.737 session low exposes the 60.00 psych level
Reclaim of fib 38.2 at 61.144 and the descending trendline would stall the lower-high sequence
Fed's Cook at 17:15 UTC and JOLTS Tue 14:00 UTC (f/c 7.23M) could materially shift this read
The NY open spike to the 61.80 session high was rejected, forming a double top with the 61.75 London high. Price then slid back through the 60.94 London low to a fresh session low at 60.85, extending Monday's yield-driven flush. RSI(14) near 38 is soft but not oversold, and the descending lower highs line from 62.12 still caps.
Support: 60.852, 60.00
Resistance: 60.938, 61.803
What it said to watch
Recovery back above the 60.94 london low would mark this break as a false break
Acceptance below the 60.85 session low leaves the 60.00 psych level as the next marker
M15 close above the 61.80 session high invalidates the double top and lower highs read
Fed's Cook at 17:15 UTC could move yields and shift this read
14:32 UTC
Downtrend paused, basing in a range · RSI 49 · price 61.301
60.94–61.80 range after Asia rout, lower-high cap at 61.80.
The Asia-session rout from the 64.01 open took silver through the 62.00 broken floor to a 60.94 session low, with firm US yields and a stronger USD behind the move. Since then price has built a 60.94–61.80 range on rising lows. The NY-open rally was rejected at 61.80, a second failure after 61.75 earlier in the day, which leaves a double top. Price is back near the 61.30 midpoint, below the EMAs, with RSI(14) flat near 49.
Support: 61.10, 60.94
Resistance: 61.80, 62.00
What it said to watch
M15 close above the 61.80 double top breaks the range top and brings the 62.00 broken floor into play from below
Loss of the 61.10 swing low breaks the rising lows line and exposes the 60.94 session low
Fed's Cook at 17:15 UTC could materially shift this read
A 61.30–61.35 hold around the 50–61.8% zone of the bounce fib keeps the range read intact
14:17 UTC
Downtrend paused, basing in a range · RSI 50 · price 61.334
60.94–61.80 range after the breakdown, higher lows, capped at 61.80.
Silver broke its 62.00 range floor in the Asia and London sell-off on firm yields and USD, then based in a 60.94–61.80 range, with the day low holding and a higher low at 61.10. Two early-NY pushes into the 61.75–61.80 rejection high, just above the 61.8% retrace of the selloff fib, were sold, and the last bar reversed about 45 cents to sit just under EMA20.
Support: 61.10, 60.94
Resistance: 61.80, 62.00
What it said to watch
M15 close above the 61.80 rejection high opens a retest of the 62.00 broken floor
Loss of the 61.10 higher low breaks the higher-lows line and puts the 60.94 day low back in play
Fed's Cook at 17:15 UTC could materially shift this read via yields
Double bottom at 60.94, higher low at 61.10, price testing the session high.
The Monday selloff from 64.08 bottomed at the 60.94 session low in London, where buyers stepped in twice. A higher low at 61.10 followed, and the first hour of NY cleared the 61.23–61.44 range top. Price is now pressing the 61.79 session high, above the 23.6% retracement of the selloff and marginally over EMA50, with RSI(14) near 62 and yield-driven USD strength still the backdrop.
Support: 61.44, 61.095, 60.938
Resistance: 61.794, 61.88, 62.00
What it said to watch
M15 close above the 61.79 session high opens the 61.88 prior pivot, then the broken 62.00 range floor
A second rejection at 61.75–61.79 leaves a double top at the session high; a slip back below the 61.44 range top re-opens the range
Failure to hold the 61.10 higher low (rising higher lows line) negates the double bottom and brings the 60.94 session low back into view
Fed's Cook at 17:15 UTC could materially shift this read
Double bottom at 60.94, higher low at 61.10, capped at the 61.75 session high.
Monday gapped below Friday's 64.32 close. Silver then slid through the 61.80 Asia low at London open as yields and Fed hike bets pressed, then based in a double bottom at 60.94. A spike to the 61.75 session high met rejection near EMA50, but the higher low at 61.10 held and the first NY bars are pushing back toward that cap.
Support: 61.095, 60.938
Resistance: 61.754, 61.802, 62.00
What it said to watch
M15 close above the 61.75 session high and the 61.80 Asia low would break the rebound's cap and put the 62.00 round number and former support in view
Failure to hold the 61.10 higher low, and the rising line from the double bottom, reopens the 60.94 lows
Price holding above EMA20 near 61.36 keeps the higher-low sequence intact
Fed's Cook at 17:15 UTC could materially shift this read via yields
60.94 floor tested twice, lower high at 61.75, compressing near EMA20.
Silver gapped lower at the Asia open and slid from 64.08 through 62.00, with 10y yields near 5.23% and Fed hike pricing driving the move. The slide found a floor at the 60.94 london low, tested twice. The pre-NY spike to the 61.75 spike high stalled near the 23.6% retrace of the selloff fib and was rejected. Price now sits at 61.30 around EMA20, above the 61.10 higher low, RSI(14) neutral at 51, into the London-NY transition.
Support: 61.095, 60.938
Resistance: 61.445, 61.754, 62.00
What it said to watch
M15 close below the 61.10 higher low breaks the rising support line and exposes the 60.94 london low
Failure to hold 60.94 confirms a lower-low, with the 60.00 handle next
Acceptance above the 61.45 range top and the 61.75 spike high would put the 62.00 broken support back in play
Fed's Cook at 17:15 UTC and the US 10y versus its 5.23% high could materially shift this read
13:17 UTC
Downtrend, pausing above the day low · RSI 51 · price 61.295
Gap-down selloff, then rising lows under a rejected spike high.
Silver gapped lower at the Monday open and slid through the Asia session as yields held near 5.23%, with the 60.938 day low tested twice in early London. Rising lows have formed since, but the late-London spike high at 61.754 was rejected just beyond the 61.8% fib, and price sits mid-range near 61.30 into the NY open, capped by the 61.445 swing high.
Support: 61.095, 60.938
Resistance: 61.445, 61.754, 62.00
What it said to watch
M15 close below the 61.095 pullback low breaks the rising lows and puts the 60.938 day low back in play
Close above the 61.754 spike high opens a test of 62.00, the broken supp from Asia
Fed's Cook at 17:15 UTC, with yields near their 19-year high, could materially shift this read
13:05 UTC
Downtrend, basing above the London low · RSI 49 · price 61.236
Friday-to-Monday gap lower; 61.16–61.45 base above the 60.94 double low; spike to 61.75 rejected.
Monday opened with a gap lower. Silver slid through 62.00 during the Asia session as yields and oil lifted Fed hike bets, and London extended the drop to a 60.94 london low that held twice. Price has since ranged between the 61.16 swing low and the 61.45 range top. The 12:00 UTC spike to 61.75 briefly cleared the 61.8% fib of the 62.12–60.94 drop and was rejected back onto the rising lows.
Support: 61.159, 60.938
Resistance: 61.445, 61.754, 62.00
What it said to watch
M15 close above the 61.75 spike high voids the rejection and opens the path to 62.00 former sup
Break of the 61.16 swing low and the rising lows line reopens the 60.94 london low
Acceptance above the 61.45 range top shifts the read from base to recovery
Fed's Cook at 17:15 UTC could materially shift yields and this read
Lower highs from gap-down open; rising lows since 60.94.
Silver gapped lower from Friday's 64.32 close and slid through 62.00, now broken supp, as 10y yields and October hike odds climbed. Early London based twice at 60.94, forming an intraday double btm. The late-London spike to 61.75 overshot the 61.8% fib and met rejection back to the 61.16 swing low, and price is now pinned just under EMA20 ahead of NY open.
Support: 61.16, 60.94
Resistance: 61.44, 61.75, 62.00
What it said to watch
Break of the 61.16 swing low undercuts the rising lows and exposes the 60.94 double btm
Failure to hold 60.94 confirms a lower-low, with the 60.00 handle next
M15 close back above the 61.44 prior high reopens the 61.75 rejection area and the 62.00 broken supp
Fed's Cook at 17:15 UTC could materially shift this read via yields
12:32 UTC
Downtrend, basing after London low · RSI 49 · price 61.408
Double bottom at 60.94, higher low 61.18, spike rejected at 61.75.
Monday's gap-down extended through Asia on hawkish-Fed and yield pressure, taking silver to a london low at 60.94, where a double bottom formed. The rebound spiked to 61.75 around Bowman's 12:15 UTC remarks, just above the 61.8% fib of the 62.12–60.94 leg, and was rejected back into the 61.45 prior highs area. RSI(14) is neutral near 49.
Support: 61.18, 60.94
Resistance: 61.445, 61.754, 62.00
What it said to watch
Failure to hold the 61.18 higher low undercuts the double bottom and re-exposes the 60.94 london low
M15 close above the 61.75 spike high reopens the 62.00 broken floor
Cook at 17:15 UTC and any 10y retest of 5.23% could materially shift this read
Higher lows off a 60.94 double bottom, capped by the 61.72 spike high.
Monday's Asia-session breakdown through the 62.00 old floor, on hawkish Fed repricing and 10y yields near 5.23%, bottomed in a double bottom at the 60.938 day low into London open. Higher lows since then, but the spike to 61.721 during the London-NY transition was rejected just above the 61.8% retrace of the drop from the 62.118 shelf high. Price now sits at the 50% level.
Support: 61.18, 60.938
Resistance: 61.721, 62.00, 62.118
What it said to watch
Bowman (12:15 UTC, now) and Cook (17:15 UTC) could materially shift this read
M15 close above the 61.721 spike high opens the 62.00 old floor and 62.118 shelf high
Loss of the 61.18 swing low breaks the higher-low trendline and puts the 60.938 day low back in focus
12:04 UTC
Downtrend, bounce fading · RSI 45 · price 61.226
Lower highs after twin session low at 60.938.
Silver's gap-down open became a slide through $62 during Asia hours on hawkish Fed repricing and the 10y near 5.23%. Early London printed a 60.938 session low twice. The bounce stalled at the 61.445 bounce high, right at the 61.8% fib of the 61.784–60.938 leg. Price is back below EMA20 near 61.32, a lower high is forming into the NY open, and the pullback low at 61.18 is being tested.
Support: 61.18, 60.938
Resistance: 61.445, 61.80
What it said to watch
Fed's Bowman at 12:15 UTC and Cook at 17:15 UTC could materially shift this read
M15 close below the 61.18 pullback low exposes the 60.938 session low again
Break of the 60.938 session low resumes the lower-low sequence toward the cited $60.00 marker
M15 close above the 61.445 bounce high breaks the lower-highs line and opens the 61.80 prior low
Double bottom at 60.94, rebound capped near 38.2% fib.
Monday opened with a ~300-pip gap below Friday's close, and Asia extended the hawkish-Fed breakdown through last week's 62.00 range floor. London open added a leg to 60.938, where a double bottom formed. The rebound has stalled for two hours between the 38.2% fib at 61.39 and the session high at 61.445, with price holding above EMA20 but below EMA50.
Support: 61.228, 60.938
Resistance: 61.445, 61.528, 62.00
What it said to watch
Bowman at 12:15 UTC and Cook at 17:15 UTC could materially shift this read; hawkish remarks would put the 60.938 London low back in focus
M15 close above the 61.445 session high clears the 38.2% fib and opens the fib 50% at 61.528
Loss of the 61.228 higher low exposes the double bottom base at the 60.938 London low
Reclaim of the 62.00 range floor would negate the breakdown read
Lower highs from Asia; higher-low bounce inside 60.94–61.45.
Silver gapped lower from Friday's 64.32 close and sliced through the 62.00 old floor during Asia on hawkish Fed repricing and 10y yields near 5.23%. London extended to a 60.94 session low that held twice. The bounce since has printed higher lows but stalled at the 38.2% fib near 61.39–61.45 bounce high, with RSI(14) neutral near 52 late in London.
Support: 61.228, 60.938
Resistance: 61.445, 61.802, 62.00
What it said to watch
M15 close above the 61.45 bounce high opens the 61.53 50% fib and the 61.80 prior low
Break of the 61.23 higher low undercuts the rising support line and puts the 60.94 session low back in focus
62.00 old floor is the upper cap on any extended squeeze back into Friday's range
Bowman at 12:15 UTC and Cook at 17:15 UTC could materially shift this read
11:17 UTC
Downtrend, corrective bounce in play · RSI 56 · price 61.331
Lower highs from 64.08 open; higher lows off 60.938 since London open.
Silver slid about 3,000 pips from the 64.01 Sunday open through Asia, pushed by firm yields and Fed hike pricing. The move ran into the London low at 60.938, where it held twice. Since then a higher-low sequence has lifted price to the 50% retracement near 61.36, with the bounce high at 61.439 capping so far.
Support: 61.228, 60.938
Resistance: 61.439, 61.784, 62.00
What it said to watch
M15 close below the 61.228 higher low breaks the bounce structure and puts the london low at 60.938 back in play
Close above the 61.439 bounce high clears the 61.8% retracement and exposes the Asia lower high at 61.784
Former range floor at 62.00 sits above the lower high; price remains beneath it
Fed's Bowman at 12:15 UTC, ahead of NY open, could materially shift this read
Higher lows off a 60.94 double bottom, capped at 61.44 session high.
Weekend gap lower from 64.32 extended into a near 3.00 slide through the Asia session and London open. Stalled US-Iran talks, firmer oil and 10y yields near 5.23% drove the move, which based twice at the 60.94 london low. Higher lows since then have stalled at the 61.44 session high, just above the 38.2% retrace, with the 50% fib at 61.53 overhead.
Support: 61.234, 60.938
Resistance: 61.439, 61.528, 62.118
What it said to watch
M15 close above the 61.53 50% fib opens the 62.00–62.12 asia high / broken range floor
Break of the 61.23 swing low ends the rising lows chain off the base
Loss of the 60.94 london low resumes the downtrend toward 60.00
Fed's Bowman at 12:15 UTC, ahead of NY open, could materially shift this read
Double bottom at 60.94 session low, higher lows into 38.2% fib.
Silver gapped lower in Asia and sold through the 62.00 range floor as yields held near 19-year highs. London then extended the drop to a 60.94 session low and put in a double bottom there. Higher lows since have cleared the 61.21 base top, and price is now stalling at the 61.39 bounce high, which is the 38.2% fib of the 62.12–60.94 leg; price is back above EMA20 but still below EMA50.
Support: 61.21, 60.94
Resistance: 61.39, 61.60, 62.00
What it said to watch
M15 close above the 61.39 bounce high / 38.2% fib opens the 61.60 prior swing, then the broken 62.00 range floor
Break of the rising trendline and the 61.21 base top returns focus to the 60.94 session low
Fed's Bowman at 12:15 UTC and Cook at 17:15 UTC could materially shift this read
Lower highs from Asia; London double bottom at 60.94 lifted price.
Silver gapped lower at the Asia open and sold through the 62.00 broken floor as yields near 5.23% and hike pricing weighed, leaving a 61.80 asia shelf above. London printed a double bottom at the 60.938 session low and cleared the 61.218 neckline, but the bounce stalled at the 61.389 session high, the 38.2% fib of the 62.12–60.94 leg.
Support: 61.218, 60.938
Resistance: 61.389, 61.80, 62.00
What it said to watch
M15 close above the 61.389 session high opens the 61.80 asia shelf and the 50–61.8% fib zone
Failure to hold the 61.218 neckline puts the 60.938 session low back in play
Fed's Bowman at 12:15 UTC, about 1h45 out, and Cook at 17:15 UTC could materially shift this read
A reclaim of the 62.00 broken floor would negate the breakdown structure
10:17 UTC
Downtrend, rebounding off lows · RSI 45 · price 61.322
Lower highs intact; higher lows off 60.94 double low.
Silver gapped lower at the open and sliced through the 62.00 broken floor during Asia as yields and USD firmed. A second leg into London open ran to a 60.94 double low. The London rebound has printed higher lows but stalled at 61.39, the fib 38.2 of the 62.12–60.94 leg, with price back at EMA20.
Support: 61.172, 60.938
Resistance: 61.389, 61.595, 62.00
What it said to watch
M15 close above 61.39 fib 38.2 opens the 61.60 prior high, with the 62.00 broken floor above that
Loss of the 61.17 higher low puts the 60.94 double low back in play; a break below it extends the lower-low sequence
Fed's Bowman at 12:15 UTC (~2h) and Cook at 17:15 UTC could materially shift this read
Lower highs from 62.12; 60.94 double btm, price pressing base top 61.22.
Monday opened roughly 300 pips below Friday's 64.32 close and sliced through the 62.00 range floor during Asia as yields and a firm USD weighed. London open extended the leg to a 60.94 double btm, and price is now pressing just above the 61.22 base top, a touch under EMA20. The 61.40 breakdown level, which lines up with the 38.2% fib of the 62.12–60.94 leg, is the first cap overhead.
Support: 61.22, 60.94
Resistance: 61.40, 61.53, 62.00
What it said to watch
An M15 close back below the 61.22 base top would mark the push as a false break
A close above the 61.40 breakdown level opens the 50% fib at 61.53
Failure to hold the 60.94 double btm resumes the downtrend toward the 60.00 psych level
The 62.00 range floor, broken during Asia, is the upper reference for any extended recovery
Fed's Bowman at 12:15 UTC and Cook at 17:15 UTC could materially shift this read
Lower highs from the gap open; tight 60.94–61.22 base since 08:00 UTC.
Silver gapped lower at the Monday open and extended losses through Asia as 10y yields held near the 5.23% high and Fed hike bets stayed firm. The London open broke the Asian range low, and a 60.938 London low has held twice around the 61.00 round number. Price has been boxed below the 61.218 range top for ~2h with RSI(14) near 41 and price under EMA20 (~61.32).
Support: 61.00, 60.938
Resistance: 61.218, 61.478, 62.00
What it said to watch
M15 close above the 61.218 range top opens the 61.39–61.48 zone (fib 38.2% / london high)
Failure at the 60.938 london low confirms a fresh lower low, with 60.00 psych the next level flagged
Reclaim of the 62.00 former floor would mark a failed breakdown
Fed's Bowman at 12:15 UTC could materially shift this read
09:32 UTC
Downtrend, compressing at the lows · RSI 37 · price 61.143
Lower highs from 62.118; tight 60.938–61.218 range since London open.
Silver gapped lower at the Sunday open and slid steadily through Asia, printing lower highs at 62.118, 61.784 and 61.595, as 10y yields near the 5.23% high kept Fed hike bets firm. Since the London open, price has compressed in a 60.938–61.218 range just above the 61.00 psych, with the session low tested twice. RSI(14) is near 37 and off its lows; ATR(14) is about 230 pips.
Support: 61.00, 60.938
Resistance: 61.218, 61.389, 61.595
What it said to watch
M15 close below the 60.938 session low resumes the lower-low sequence and exposes the 60.00 psych flagged in the news
M15 close above the 61.218 range top opens the fib 38.2 at 61.389, then the 61.595 lower high
Fed's Bowman at 12:15 UTC and Cook at 17:15 UTC could materially shift this read; 10y yields vs 5.23% remain the driver
Lower highs from 62.12; London session compressing in 60.94–61.22 range.
Monday's gap-down slide from 64.00 extended through the London open to a 60.938 london low, with hawkish Fed pricing and the 10y near 5.23% weighing on silver. Since then two tests of the london low have held, and price is compressing between 60.94 and the 61.22 range high, just under the descending trendline of lower highs. RSI(14) sits near 36, off oversold.
Support: 60.938, 60.00
Resistance: 61.218, 61.595, 62.118
What it said to watch
M15 close above the 61.218 range high and the descending trendline opens the 38.2–50% fib of drop zone (61.39–61.53), with the 61.595 swing high above
Loss of the 60.938 london low extends the lower-low chain toward the 60.00 round number
Bounces into 62.00–62.12 (broken floor of the old range) would test it as resistance
Fed's Bowman at 12:15 UTC and Cook at 17:15 UTC could materially shift this read
09:06 UTC
Downtrend, pausing near lows · RSI 33 · price 61.016
Lower highs from the Asian high; tight 60.94–61.22 box mid-London.
Monday gapped below Friday's 64.32 close. The Asia session then broke through the old 62.00–62.30 range floor as oil-driven hike bets held yields near 5.23%. London extended the lower-high chain to a 60.938 session low, and price is now compressing between that low and a 61.218 range top, with RSI(14) near 33 and ATR(14) around 225 pips.
Support: 60.938, 60.00
Resistance: 61.218, 61.784, 62.118
What it said to watch
M15 close above the 61.218 range top opens the 38.2% of the drop fib at 61.39, then the 61.784 swing high
Loss of the 60.938 session low resumes the lower-low chain toward the 60.00 psych level
Asian high at 62.118, just under the broken 62.00–62.30 floor, caps any retracement
Fed's Bowman at 12:15 UTC and Cook at 17:15 UTC could materially shift this read
Lower highs/lower lows since the Asia open; tight 60.94–61.21 micro range in early London.
Silver gapped ~30 cents lower at the open and slid through Asia as oil-driven Fed hike bets kept yields near highs. It cut through the 62.00–62.30 old range floor and London open took out the asian low at 61.395. Price is now basing in a 60.94–61.21 micro range just above the 61.00 round number, below a descending trendline, with RSI(14) near 35.
Support: 61.00, 60.938
Resistance: 61.211, 61.395, 61.80
What it said to watch
M15 close above the 61.21 range top opens the asian low at 61.395, which aligns with the 38.2% fib of the Asia-London leg
Failure to hold the 60.94 london low and the 61.00 round number extends the lower-low chain
Descending trendline and the 61.80 swing low cap any bounce; a reclaim of both would break the lower-high sequence
Fed's Bowman at 12:15 UTC, first hour of NY, could materially shift this read
08:32 UTC
Downtrend, grinding lower into London · RSI 27 · price 60.989
Lower highs and lower lows since the Monday gap, micro range 60.965–61.211.
Silver gapped lower at the Monday open and has held a clean lower-high/lower-low chain through Asia into London, slicing through the 62.000 range floor as elevated oil and near-5.23% 10y yields fed Fed hike bets. Price sits just above the 60.965 session low with RSI(14) near 27, and the post-London-open bounce stalled at the 61.211 bounce high beneath the falling trendline.
Support: 60.965, 60.00
Resistance: 61.211, 61.595, 62.00
What it said to watch
M15 close below the 60.965 session low extends the lower-low chain, with the 60.000 round number the next marker
M15 close above the 61.211 bounce high and the falling trendline breaks the micro lower-high sequence; the 61.595 lower high, near the 50% fib of the 62.118–60.965 Asia swing, is next
Reclaim of the 62.000 range floor would negate the breakdown read
Fed's Musalem at 11:30 UTC and further Iran/oil headlines could materially shift this read during London-NY transition
08:17 UTC
Downtrend, early London bounce · RSI 26 · price 61.156
Lower highs and lower lows since Sunday open; small base above 61.00.
Silver extended Monday's gap-down through the Asia session. Price broke the 61.80 asian base and printed a session low at 60.965 just under the 61.00 round number before London. Early London is a shallow bounce off the 61.012 london low, capped at the 61.20 london high, with RSI(14) near 26 lifting off oversold against a backdrop of Fed-hike pricing and 10y yields near 5.23%.
Support: 61.012, 60.965
Resistance: 61.203, 61.478, 61.802
What it said to watch
M15 close below the 60.965 session low extends the lower-low sequence, with 60.00 the next marker
Close above the 61.20 london high opens the 61.48 break level, near the 38.2% fib of the leg at 61.40
Reclaim of the 61.80 asian base (61.8% fib zone) invalidates the intraday downtrend read
Oil and US-Iran headlines could materially shift this read via hike expectations
Asian range low broken at London open, fresh session low at 60.965.
The London open extended the Monday drop from the 64.08 open, with the Asian low at 61.395 giving way and a session low printed at 60.965. The 10y yield near its 5.23% high is keeping metals heavy. Lower highs are capping each bounce under the descending trendline from the 62.118 bounce high, and RSI(14) near 21 is oversold with no divergence yet.
Support: 60.965, 60.00
Resistance: 61.395, 61.784, 62.118
What it said to watch
M15 close back above the 61.395 asian low reopens the Asian range and weakens the breakdown read
Close above the descending trendline and the 61.784 swing high breaks the lower-high chain
Loss of the 60.965 session low leaves the 60.00 round number as the next marked level
62.118 bounce high sits near the 38.2% of the Monday drop fib, the area where the breakdown would be repaired
A turn lower in the US 10y yield from near 5.23% could trigger a sharp oversold bounce
Lower highs and lower lows since the Monday gap; London broke the Asian low.
Silver gapped lower at the Monday open and has not printed a higher high since. It broke out of the 61.80–62.12 Asia consolidation and then through the Asian low at 61.395 in the first London bars, reaching a 61.031 session low as 10y yields near the 5.23% high kept pressure on. RSI(14) near 21 is deeply oversold, and the lower-high trendline from 62.118 through 61.784 still caps the move.
Support: 61.031, 61.00
Resistance: 61.395, 61.784, 62.118
What it said to watch
A break below the 61.031 session low and the 61.00 round number extends the lower-low chain early in London
A recovery back above the 61.395 Asian low would mark the London break as a false break
An M15 close above the 61.784 lower high breaks the trendline and the lower-high sequence
Reclaiming the 62.118 consol high puts price back at the broken 62.00–62.30 range floor
A pullback in 10y yields from the 5.23% high is the main driver that could shift this read
07:17 UTC
Downtrend, oversold into London open · RSI 24 · price 61.121
Lower highs and lower lows after Asian range break.
The Monday selloff extended the weekend gap through the $62.00 floor during Asia on hawkish Fed repricing and firmer oil. The 61.80–62.12 consolidation broke lower, and the lower highs at 61.784 and 61.595 still hold. The first London bar printed a session low at 61.069, just above the 61.00 round number, with RSI(14) near 24.
Support: 61.069, 61.00
Resistance: 61.595, 61.80, 62.118
What it said to watch
A break below the 61.069 session low and the 61.00 round number exposes $60.00, the next level cited in the news
An M15 close above the 61.595 lower high breaks the lower-highs trendline
A reclaim of the 61.80 range floor puts price back inside the Asian range, with the range top at 62.118 above
US-Iran and oil headlines remain the main intraday driver, as no US data is due in the next 8h
Monday gapped below Friday's 64.318 close, and the Asia selloff cut through the 62.00 floor as oil-driven Fed-hike repricing and a firm USD weighed on the metal. Lower highs at 62.118 and 61.784 keep the sequence intact, with price pressing the 61.457 session low into the London open and RSI(14) near 30.
Support: 61.457, 61.00
Resistance: 61.784, 62.00, 62.118
What it said to watch
M15 close above the 61.784 swing high breaks the lower-high chain
A reclaim of the 62.00 broken floor toward the 62.118 lower high would turn the range break into a false break
Loss of the 61.457 session low exposes the 61.00 round number, near the 61.01 level cited in the news
No US data in the next 8h; Tue JOLTS and Musalem/Goolsbee/Williams remarks are the next scheduled catalysts
06:32 UTC
Downtrend, oversold into London open · RSI 29 · price 61.511
Lower highs and lower lows through Asia after a weekend gap down; 61.93–62.12 consolidation broken lower.
Silver gapped below Friday's 64.318 close and fell about $2.60 through the Asia session as higher oil and Fed-hike repricing kept the USD bid. The 62.00 floor gave way, and the 61.93–62.12 consolidation broke lower into a 61.483 session low. RSI(14) is near 29, with a fresh lower high at 61.784 ahead of London open.
Support: 61.483, 61.00
Resistance: 61.784, 62.118
What it said to watch
M15 close above the 61.784 lower high breaks the lower-high sequence
Close back above the 62.118 range top negates the range break and returns price to the broken 62.00 floor
Failure to hold the 61.483 session low extends the lower-low chain toward the 61.00 round number
London open at 07:00 UTC often expands the Asian range; ATR(14) ~175 pips gives the scale of a normal bar
06:17 UTC
Downtrend, stretched into late Asia · RSI 21 · price 61.716
Gap-down open, lower highs, 61.80–62.12 base broken lower.
Silver gapped down from Friday's 64.32 close and slid through the $62.00 area during the Asia session as oil-driven Fed-hike repricing weighed. The 61.80–62.12 base gave way to a 61.503 session low, which printed a long lower wick. RSI(14) near 21 is deeply stretched, and the base top sits at the 23.6% retracement of the Monday drop.
Support: 61.503, 61.00
Resistance: 61.80, 62.118, 62.30
What it said to watch
M15 close back above the 61.80 base low returns price to the 61.80–62.12 base and undercuts the breakdown read
Loss of the 61.503 session low leaves the 61.00 psych area as the next reference
Recovery through the 62.118 base top (23.6% of the Monday drop) and the 62.30 range floor would neutralise the Asia breakdown
London open within the hour typically expands the session range; oil/Iran headlines remain the main driver of hike repricing
Lower highs and lower lows through Asia after the gap down, now trading below the 62.00 range floor.
Silver gapped about 30 cents below Friday's close at the weekly open and sold off through the Asia session. It lost the 62.00 range floor as oil-driven Fed-hike fears kept the USD bid. The Asian bounce stalled twice at the 62.12 bounce high before a fresh session low at 61.55, with RSI(14) near 16 deeply oversold and ATR(14) around 185 pips.
Support: 61.548, 61.00
Resistance: 61.802, 62.00, 62.118
What it said to watch
M15 close back above the 62.00 range floor would mark the break as a false break
Failure to hold the 61.55 session low extends the lower-low chain toward the 61.00 round number
Reclaiming the 61.80 prior low is the first sign the Asia selling is stalling
London open in about 75 minutes could expand the session range
Tue Fed speakers and JOLTS could shift hike odds and this read
05:31 UTC
Downtrend, extending to new session lows · RSI 24 · price 61.596
Lower highs and lower lows since the gap-down open; 61.80–62.12 consolidation broken lower.
Silver gapped lower at the weekly open and the Asia sell-off took out the $62.00 psych floor as oil-driven hike fears and a firm USD weighed. The 61.80–62.12 consolidation broke lower after 05:00 UTC to a 61.56 session low. RSI(14) is near 24 and the lower-highs trendline has capped every bounce.
Support: 61.56, 61.01
Resistance: 61.80, 62.00, 62.118
What it said to watch
Reclaim of the 61.80 prior low and 62.00 psych would negate the range break
Failure to hold the 61.56 session low leaves the 61.01 news level as the next reference
M15 close above the 62.118 range high breaks the lower-highs trendline sequence
London open liquidity can extend or reverse the Asia sell-off; RSI in the low 20s is stretched
Monday Asia gapped below Friday's 64.318 close and slid to a 61.802 session low, losing the 62.00 psych floor as oil-driven Fed-hike fears kept the USD bid. Since then price has held a tight 61.80–62.12 consolidation capped by the range top at 62.118, with RSI(14) near 19 (oversold) and price pressing the session low ahead of the London open.
Support: 61.802, 61.01
Resistance: 62.00, 62.118, 62.469
What it said to watch
M15 close below the 61.802 session low extends the Asia selloff, with 61.01 the next cited level
M15 close back above 62.00 psych and the 62.118 range top turns the base into a bounce toward the 62.469 breakdown point
London open in ~2h is the first real liquidity test of the Asian range
Tue Fed speakers and JOLTS, then Wed ADP/PCE, could materially shift this read
05:06 UTC
Downtrend, stalling near 62.00 · RSI 29 · price 61.962
Weekend gap lower, Asia sell-off, then tight 61.80–62.12 box.
Silver gapped below Friday's 64.318 close. It then slid through the Asia session to a 61.802 session low as higher oil on stalled US-Iran talks revived Fed-hike fears. Since 02:45 UTC price has compressed in a 61.80–62.12 box, with the range base at 61.93 tested repeatedly and the range top at 62.118 capping twice. That leaves it sitting under the 62.30 monthly range floor, late in Asia with London open about 2h away.
Support: 61.93, 61.802, 61.01
Resistance: 62.118, 62.30, 62.72
What it said to watch
M15 close below the 61.802 session low extends the lower-low chain; the next cited level is 61.01
Close above the 62.118 range top and back over the 62.30 range floor opens the 62.67 fib 38.2% and the 62.72 swing high
London open typically expands the box; ATR near 172 pips versus a roughly 320-pip range suggests a break is due
04:47 UTC
Downtrend, stalling at lows · RSI 22 · price 61.989
Gap-down lower highs into 61.80, now tight base under 62.12.
Silver gapped lower at the open and sliced through Friday's 63.35 low during Asia, printing lower highs down to a 61.80 session low as oil-driven Fed-hike fears and a firm USD weighed. Since 02:45 UTC price has compressed into a 61.80–62.12 consolidation around the 62.00 floor, with RSI(14) near 22 and both EMAs well overhead.
Support: 61.802, 61.01
Resistance: 62.118, 62.389, 62.72
What it said to watch
M15 close below the 61.80 session low breaks the consolidation, with the next cited level at 61.01
Close above the 62.12 range top and the 62.39 breakdown level brings the 38.2% asia drop fib near 62.67 and the 62.72 swing high into view
London open in about 2h is the first test of whether the Asian range expands or holds
Tue Fed speakers (Musalem 11:30 UTC) and JOLTS 14:00 UTC could shift the read on the 62.00 floor
Lower highs and lows from the Monday gap; tight base above session low.
Silver gapped lower from Friday's 64.318 close and slid through the Asia session to a 61.802 session low. Oil-driven Fed-hike repricing and a firm USD drove the drop. Price has since held a tight 61.86–62.12 consolidation on the 62.00 round number, with RSI(14) near 31 and the range top capping bounces so far.
Support: 62.00, 61.802
Resistance: 62.118, 62.389, 62.72
What it said to watch
M15 close below the 61.802 session low extends the lower-low sequence; 61.01 is the next level cited in the news
Close above the 62.118 range top opens a retest of the 62.389 breakdown level, then the 62.72 swing high near the 38.2% fib
London open in ~2.5h is the first test of whether the 62.00 round number holds
Fed speakers and JOLTS on Tue, plus ADP/PCE on Wed, could reshape the read around 62.00
Lower highs from Asia gap-down open, tight consolidation off 61.802 session low.
The Asia session opened with a gap below Friday's 64.318 close and stepped lower to a 61.802 session low, as oil-driven Fed-hike repricing kept the USD bid. Price is now compressing just above the 62.00 psych level, capped at the 62.118 bounce high, with RSI(14) near 26 and EMA20 overhead around 62.56. The Asia sell-off has so far retraced less than 23.6%.
Support: 62.00, 61.928, 61.802
Resistance: 62.118, 62.469, 62.72
What it said to watch
Failure to hold the 61.928 range low, then the 61.802 session low, resumes the lower-low sequence
A close above the 62.118 bounce high opens the path to the 62.469 break shelf and the 62.72 swing high, near the 38.2% of the Asia sell-off
London open in about 3h tends to expand the Asian range and could resolve the consolidation
Oil and Iran headlines remain the live driver for silver through the session
03:47 UTC
Downtrend, oversold and stalling · RSI 19 · price 61.973
Asia gap-down and lower-low chain, now basing in a tight 61.80–62.12 band.
Monday's Asia session opened about 300 pips below Friday's 64.318 close. The slide then cut through the 62.30/62.00 range floor to a 61.802 session low, with Fed hawkishness still weighing on metals. RSI(14) sits near 19, and price is compressing between the session low and the 62.118 bounce high, with the broken floor at 62.35 aligned with the 23.6% fib.
Support: 61.802, 61.00
Resistance: 62.118, 62.35
What it said to watch
M15 close above the 62.118 bounce high opens a retest of the 62.35 broken floor at the 23.6% fib
Failure to hold the 61.802 session low extends the lower-low chain toward the 61.00 psych level
London open liquidity is the first test of whether the post-gap basing holds
Tue Fed speakers and JOLTS, then Wed ADP/PCE, could materially shift this read
03:32 UTC
Downtrend, oversold after Asia sell-off · RSI 21 · price 61.979
Gap lower, lower highs and lower lows through Asia, range floor broken.
Asia session gapped lower from Friday's 64.32 close and sold off steadily as Fed hawkishness (Hammack) weighed on metals. The drop broke the 62.34/62.00 range floor and printed a 61.80 session low. RSI(14) near 21 is oversold; the 62.12 bounce high is the first cap, and the 38.2% retrace of Monday's drop (~62.67) sits just under the 62.72 lower high.
Support: 61.802, 61.00
Resistance: 62.118, 62.34, 62.72
What it said to watch
M15 close back above 62.34 reclaims the broken range floor and weakens the breakdown read
Loss of the 61.80 session low extends the lower-low chain toward the 61.00 round number
Failure at the 62.12 bounce high keeps the Asia downtrend intact into London open
A push through the 62.72 lower high breaks the Asia lower-high sequence
Tue Fed speakers and JOLTS, then Wed ADP/PCE, could materially shift this read
03:17 UTC
Downtrend, oversold stall · RSI 18 · price 62.022
Weekend gap lower, then lower highs and lower lows through the Asia session; small bounce off the session low.
Monday's Asia session gapped about 300 pips below Friday's 64.32 close. A two-leg drop to a 61.80 session low then cut through the 62.30/62.00 range floor as early Fed hawkishness weighed on metals. RSI(14) at 18 is deeply oversold and the latest bars are holding just above the 62.00 psych, with the 62.34 breakdown shelf (23.6% of the Asian drop) the first cap overhead.
Support: 62.00, 61.802
Resistance: 62.34, 62.72
What it said to watch
A break of the 61.80 session low after losing the 62.00 psych extends the lower-low sequence, with 61.01 the next level cited in the macro digest
An M15 close back above the 62.34 breakdown shelf turns the move into a retracement toward the 62.72 swing high and the 38.2% fib
London open in roughly 4h could reset the Asian-session structure
03:04 UTC
Downtrend, extended · RSI 14 · price 61.913
Gap-down open, then lower highs and lower lows through Asia; 62.34–62.72 flag resolved lower.
Silver gapped down from Friday's 64.32 close and sold off through the Asia session. It cut Friday's low at 63.35 and broke the 62.34 broken floor after a brief 62.34–62.72 flag, as the Hammack inflation warning kept Fed-hike bets alive. The session low sits at 61.80, and RSI(14) near 14 is deeply oversold, with ATR out to about 210 pips.
Support: 61.802, 61.00
Resistance: 62.34, 62.72, 63.347
What it said to watch
M15 close back above 62.34 (broken floor, ~23.6% of the Asia selloff fib) would mark the range break as a false break
Rejection below the 62.72 flag high (~38.2% retrace) keeps the lower-high sequence intact
Failure to hold the 61.80 session low exposes the 61.00 round number
London open in ~4h adds liquidity at stretched RSI; Tue JOLTS/Fed speakers and Wed ADP/PCE are the next macro catalysts
02:47 UTC
Downtrend, oversold · RSI 14 · price 61.925
Gap-down open, lower highs and lower lows through Asia, range floor broken.
Silver gapped lower at the Monday open and slid about 2.2 through the Asia session. A 62.34–62.72 shelf gave way to a fresh session low at 61.88, below the 62.30/62.00 range floor, as Hammack's inflation-expectations warning kept hike bets alive. RSI(14) near 14 is deeply oversold, and the descending trendline from the 64.08 open high caps each bounce.
Support: 61.88, 61.00
Resistance: 62.34, 62.72, 63.35
What it said to watch
M15 close back above the 62.34 shelf low turns the range-floor break into a false break
Failure to hold the 61.88 session low exposes the 61.00 round number
Bounce high at 62.72 aligns with the 38.2% fib and the descending trendline; a break there is the first sign of a lower-high chain ending
Friday low at 63.35 marks the top of the gap-down leg
London open volatility, then Tue Fed speakers (Musalem 11:30 UTC) and JOLTS 14:00 UTC, could materially shift this read
Gap-down open, lower highs and lower lows through Asia session.
Monday's Asia session opened with a ~300-pip gap below Friday's 64.318 close. Price then slid from the 64.084 asian high through the 63.54 breakdown to a 62.304 session low, pressing into the 62.00–62.30 range floor as hawkish Fed repricing and 5%+ yields weigh. RSI(14) near 13 is deeply oversold, and the only bounce stalled at 62.72.
Support: 62.304, 62.00
Resistance: 62.72, 63.54, 64.084
What it said to watch
M15 close below the 62.00 range floor breaks the mid-August range and extends the downtrend into fresh lows
Reclaim of the 62.72 bounce high would print the first higher high since the Asia open; the fib 50% near 63.19 and the 63.54 breakdown sit above
Gap back toward the 64.084 asian high only comes into view on a sustained hold above 63.54
London open liquidity could test the session low; Fed speakers Tue, then ADP/PCE Wed, remain the scheduled catalysts
02:17 UTC
Downtrend, oversold after Asia selloff · RSI 16 · price 62.432
Gap lower, Friday low broken, lower highs through Asia, stalling above range floor.
Monday's Asia session gapped lower from Friday's 64.32 close. The Asia selloff then cut through the Friday low at 63.35 to a 62.34 session low, as Hammack's inflation-expectations warning kept Fed-hike bets alive. RSI(14) near 16 is deeply oversold, with price stalling just above the 62.00–62.30 range floor and the 62.72 bounce high capping.
Support: 62.34, 62.00
Resistance: 62.72, 63.35
What it said to watch
M15 closes below 62.30 put the 62.00 range floor in play and breach the mid-August range base
A reclaim of the 62.72 bounce high would mark the first higher high since the Asia selloff began
Friday low at 63.35, near the 61.8% retracement of the Asia selloff, is the level broken support now has to clear
London open in ~4h could expand the move while RSI sits below 20
Gap below Friday close, lower-high sequence through Asia, Friday low broken.
Monday's Asia session gapped below Friday's 64.318 close and ground lower in a lower-high chain. It sliced through the 63.399 Friday low to a 62.424 session low, extending the hawkish-Fed, high-yield slide. RSI(14) near 16 is deeply oversold, with price stalling just above the 62.30 range floor and a 62.72 bounce high capping so far.
Support: 62.424, 62.30, 62.00
Resistance: 62.72, 63.05, 63.399
What it said to watch
Failure to hold the 62.424 session low exposes the 62.30 range floor, then 62.00 psych
M15 close above the 62.72 bounce high would print the first higher high since the open
Reclaim of 63.05 (38.2% fib of the Monday drop) would neutralise the gap-down leg; 63.399 Friday low above
London open liquidity is the next test of whether the thin Asia-session sell-off extends or retraces
01:32 UTC
Downtrend, oversold after flush · RSI 21 · price 62.665
Asia gap-down, then a lower-high chain into a flush below Friday's low.
Monday's Asia session gapped down from Friday's 64.32 close and ground lower beneath descending highs. It then flushed through the 63.35 friday low to a 62.44 session low, extending last week's hawkish-Fed and yield pressure. RSI(14) near 21 is deeply oversold, with price bouncing modestly just above the 62.30 range floor.
Support: 62.44, 62.30
Resistance: 63.35, 63.70
What it said to watch
Break of the 62.44 session low exposes the 62.30 range floor
Recovery above the 63.35 friday low would recast the flush as a false break
38.2% of the Asia sell-off near 63.07 is the first rebound test
Close above the asian shelf at 63.70 and the descending highs line invalidates the intraday downtrend read
Thin Asia liquidity; London open may reset the session range
01:16 UTC
Downtrend, oversold · RSI 16 · price 62.558
Gap-down open, Friday range low broken, lower highs through Asia.
Monday's Asia session gapped down from Friday's 64.32 close. The Asia selloff broke the 63.35 Friday low and ran to a 62.44 session low, with RSI(14) near 16 and no fresh data behind the move. Price now sits just above the 62.30 range floor of the mid-August range.
Support: 62.437, 62.30, 62.00
Resistance: 63.00, 63.35
What it said to watch
M15 close back above the 63.35 friday low negates the range break
Hold of the 62.44 session low with RSI this stretched leaves 63.00 psych as the first overhead test
Failure at the 62.30 range floor exposes the 62.00 round number
Fed's Musalem (Tue 11:30 UTC) and JOLTS (Tue 14:00 UTC) are the next scheduled USD risk
01:06 UTC
Downtrend, oversold · RSI 17 · price 62.926
Asia lower-high sequence after weekend gap down; Friday low broken.
Monday's Asia session opened with a gap down to 64.01 against Friday's 64.32 close. Price then printed a steady lower-high chain and accelerated through the 63.35 friday low to a 62.86 session low, extending last week's hawkish-Fed and yield-driven pressure. RSI(14) near 17 is deeply oversold. The next reference below is the 62.30 range floor.
Support: 62.861, 62.30
Resistance: 63.347, 63.723, 64.014
What it said to watch
M15 close back above 63.35 friday low would turn the break into a false break
Close above the descending trendline and 63.72 lower high ends the Asia lower-high sequence
Loss of 62.86 session low leaves the 62.30 range floor as the next reference
London open liquidity could test the unfilled gap back toward the 64.01 gap open
Fed's Musalem (Tue 11:30 UTC) and JOLTS (Tue 14:00 UTC) could materially shift this read
00:47 UTC
Downtrend, oversold after gap · RSI 19 · price 63.271
Lower highs from gap-down open; Friday low broken.
Silver gapped roughly 300 pips below Friday's 64.318 close, extending last week's yield-driven weakness. The Asia session has printed a chain of lower highs from the 64.084 open. The 00:30 UTC breakdown bar cut through the 63.347 Friday low to a 63.147 session low, leaving RSI(14) near 19 in oversold territory.
Support: 63.147, 63.00
Resistance: 63.347, 63.562, 63.85
What it said to watch
An M15 close back above the 63.347 Friday low would turn the break into a false break
Failure to hold the 63.147 session low extends the lower-high sequence toward the 63.00 round number
Rebounds meet the 63.562 breakdown bar high, where the 50% fib of the Monday selloff sits close by at 63.616, then the lower-highs trendline and the 63.85 lower high
London open liquidity could test the thin Asian range; Fed speakers Tue and ADP/PCE Wed are the next scheduled risk
00:31 UTC
Downtrend, grinding lower since Monday open · RSI 27 · price 63.538
Weekend gap down, lower highs through the Asian session.
Asia session opened with a gap below the 64.318 Fri close and has stepped down in lower highs from the 64.084 session high. Price now sits just above Friday's 63.399 NY swing low, with RSI(14) near 27 and hawkish Fed and yield pressure still weighing on silver.
Support: 63.399, 63.347
Resistance: 63.723, 64.084, 64.318
What it said to watch
M15 close below the 63.399 swing low extends the lower-low chain toward the 63.347 Fri low
Reclaim of the 63.723 lower high and the lower-highs trendline breaks the intraday sequence
Gap fill toward the 64.318 Fri close requires a push back through the 64.084 session high
00:17 UTC
Downtrend after gap-down weekly open · RSI 31 · price 63.675
Lower highs off the Sunday open, pressing the session low.
The weekly open gapped down from the 64.318 Friday close to 64.014. Early Asia session has since printed a string of lower highs into a 63.609 session low as the firm-USD, high-yield backdrop carries over from last week. RSI(14) near 31 is heavy but not extreme; the Friday NY low at 63.399 is the next reference below.
Support: 63.609, 63.399, 63.347
Resistance: 63.85, 64.014, 64.318
What it said to watch
M15 close above the 63.85 swing high breaks the lower-high sequence off the Sunday open
Loss of the 63.609 session low exposes the Friday NY low at 63.399, then the Friday Asia low at 63.347
A reclaim of the 64.014 Sunday open puts a gap fill toward the 64.318 Friday close in play
No scheduled data in the next 8h; Fed speakers Tue and ADP/PCE Wed are the next catalysts that could shift this read
00:04 UTC
Downtrend since the Monday open · RSI 31 · price 63.651
Gap down, then lower highs and lower lows through the early Asia session.
Silver gapped down at the Asia open, from Friday's 64.32 close to 64.01, and has since carved a string of lower highs to a fresh session low at 63.61. That extends last week's yield-driven weakness with no fresh news over the weekend. Price sits below EMA20/50 with RSI(14) near 31, and Friday's ny low at 63.40 and friday low at 63.35 lie just beneath.
Support: 63.61, 63.40, 63.35
Resistance: 63.85, 64.08, 64.32
What it said to watch
M15 close above the 63.85 open range breaks the lower highs sequence
Failure to hold the 63.40 ny low exposes the 63.35 friday low, the last intraday floor in the window
Reclaiming the 64.08 open high puts a gap fill toward the 64.32 fri close in play
Thin early-Asia liquidity; no scheduled US data in the next 8h, with Tue Fed speakers and JOLTS the next catalyst