XAG/USD AI Live Scan, 4-hour chart, Friday, 29 May 2026
Every read JAFX AI made on the XAG/USD 4-hour chart that day, newest first: trend, structure, the levels it marked and what it said to watch.
17:01 UTC
Broad uptrend, deep pullback in progress · RSI 41 · price 75.654
Rolling over from 89.36 peak; lower-highs since mid-month.
Silver remains in a broad uptrend from the early-month 72-handle base, but the leg from 89.36 has unwound aggressively over the past week, carving a sequence of lower-highs and bringing price back to the prior breakout zone near 75. Buyers have defended 73-74 twice, and today's wick to 74.58 followed by a recovery into the 75.65 close shows demand stepping in at that shelf. ATR(14) near 1485 pips signals a still-elevated volatility regime, with geopolitical headlines around the Strait of Hormuz driving the swings.
Support: 74.58, 73.00
Resistance: 76.95
What it said to watch
H4 close below 74.58 confirms a lower-low and opens the 73.00 swing low
Reclaim of 76.95 prior high would neutralise the lower-high sequence
Ongoing US-Iran headlines could materially shift this read intraday
13:01 UTC
Downtrend correction after blow-off top · RSI 42 · price 75.696
Lower highs forming below 78.00 after rejection from 89.36.
Silver remains in correction mode after the 89.36 blow-off top three weeks ago, carving a sequence of lower highs with the latest capped at 78.80. Price is pinned beneath both EMA20 and EMA50 near 76.95, with buyers stepping in twice around the 74.40 swing low to define a tentative range. ATR(14) remains elevated at ~138 cents, reflecting the violent two-way action that followed the spike.
Support: 74.40, 73.00, 71.78
Resistance: 76.95, 78.80
What it said to watch
H4 close above 76.95 ema20 would neutralise the lower-high sequence
Break of 74.40 swing low opens the path toward 73.00 range low and 71.78 May low
Sustained reclaim of 78.80 swing high needed to flip structure
Silver topped at 89.36 in early-month and has since carved a sequence of lower highs back toward the 75.00 area, with price now consolidating between the swing low at 74.55 and the 76.40 pivot. ATR remains elevated near 132 pips, signalling the recent unwind is not fully digested. Price holds below both EMA20 and EMA50, keeping the broader read corrective despite the basing action.
Support: 74.55, 73.10
Resistance: 76.40, 78.10
What it said to watch
H4 close below 74.55 swing low opens path to 73.10 range floor
Reclaim of 76.40 pivot would challenge the lower-high sequence and expose 78.10 prior shelf
Headline risk from US-Iran ceasefire flows could materially shift the read
05:01 UTC
Uptrend, pulled back from blow-off high · RSI 47 · price 75.571
Higher lows intact, consolidating below 78.00.
Silver staged a sharp impulse from the early-window 72-handle to a blow-off high near 89.36, then unwound the bulk of that move and is now consolidating in the mid-75s. Price has carved a higher-low at 71.78 and is balancing under the 76.95 local high, with EMA20 and EMA50 capping from above as momentum cools. RSI near 47 reflects the neutral pause after the deep retrace.
Support: 74.50, 73.10, 71.78
Resistance: 76.95, 78.20
What it said to watch
H4 close above 76.95 reopens the path toward the 78.20 swing high
Loss of 74.50 swing low exposes the 73.10 prior pivot
Failure to hold 71.78 range low breaks the higher-low structure
01:01 UTC
Uptrend exhausted, deep pullback in progress · RSI 44 · price 75.67
Lower-high printed at 89.36, retracing prior impulse.
Silver impulsed from 72.20 to a 89.36 high before reversing sharply, and the subsequent break of 80.80 confirmed the upside leg exhausted. Price has now retraced almost the entire impulse, with buyers stepping in twice near the 73.10 swing low. Current trade at 75.67 sits below both EMA20 and EMA50, with the prior breakout shelf at 77.10 acting as overhead supply.
Support: 73.10, 71.78
Resistance: 77.10, 80.80
What it said to watch
H4 close above 77.10 reopens the path toward the 80.80 ema50
Failure to hold 73.10 swing low confirms full retrace toward the 71.78 range floor
Iran/Hormuz headlines remain a material risk to this read