XAG/USD AI Live Scan, 1-hour chart, Friday, 29 May 2026
Every read JAFX AI made on the XAG/USD 1-hour chart that day, newest first: trend, structure, the levels it marked and what it said to watch.
20:01 UTC
Downtrend, attempting base · RSI 49 · price 75.602
Lower highs into 73.00 sweep, recovery stalling under 76.00.
Silver opened the week near 78.00 and shed roughly three dollars into Wednesday's NY session, printing a week low at 73.00 before recovering. Since Thursday's NY hours price has carved a consolidation between 75.10 and 76.40, with rallies repeatedly capped under 76.00 and the EMA20 flattening into that zone. RSI(14) has reset to neutral after the oversold bounce, leaving structure balanced but still beneath the broken 77.00 shelf.
Support: 75.10, 74.58, 73.00
Resistance: 76.40, 77.05
What it said to watch
H1 close above 76.40 would break the consolidation ceiling and reopen 77.05
Loss of 75.10 intraday low exposes a retest of 74.58 wed swing low
Headline risk around US-Iran talks remains the dominant catalyst for silver this session
19:01 UTC
Downtrend off week high, base building · RSI 47 · price 75.47
Lower highs into 73.00 flush, recovery stalling at 75.90.
Silver opened the week pushing 78.07 before two impulsive sells dragged price to a 73.00 week low through Wednesday-Thursday. The recovery off that base stalled at 75.90 prior high, with Friday's spike to 76.65 on Trump's Hormuz blockade news immediately rejected back into the 75.10-75.90 consolidation. Price sits mid-range with RSI(14) flat near 47 and EMA(20) capping rallies.
Support: 75.10, 74.58, 73.00
Resistance: 75.90, 76.65, 78.07
What it said to watch
Hourly close above 75.90 prior high reopens 76.65 spike high
Loss of 75.10 session low exposes 74.58 thu swing low
Headline risk from US-Iran negotiations remains the dominant driver
18:01 UTC
Downtrend, attempting base · RSI 44 · price 75.375
Lower highs after sharp selloff, basing 74.50-76.00.
Silver sold off hard mid-week from 78.00 down to 71.80, with the sharpest leg during NY hours on Wednesday as US-Iran de-escalation headlines hit. Price has since based between 74.96 and 76.65, repeatedly rejected at the EMA20 around 75.95. RSI(14) has recovered to the mid-40s but momentum remains capped below the prior breakdown shelf.
Support: 74.96, 74.08
Resistance: 75.95, 76.65
What it said to watch
Hourly close above 76.65 session high would break the consolidation range
Loss of 74.96 session low reopens the 74.08 week low
Further US-Iran de-escalation headlines remain a directional risk for the safe-haven bid
17:01 UTC
Downtrend, attempting base · RSI 51 · price 75.872
Lower highs into 73 low, corrective bounce.
Silver collapsed mid-week from the 78 area down to 73.00 on Wednesday's NY session, with the bulk of the damage done in two impulsive legs. Since then price has reclaimed EMA20 and EMA50 and is grinding sideways between 75.33 and 76.10, with a sharp rejection wick at 76.655 in the prior NY hour after Trump's blockade-lift headlines. RSI sits at 51 with a higher low against the 73 print, signalling momentum has stabilised but no upside break yet.
Support: 75.33, 74.582, 73.004
Resistance: 76.099, 76.655, 77.045
What it said to watch
Hourly close above 76.655 rejection wick opens path back to 77.045 prior supply
Loss of 75.33 session low reopens the 74.58 prior swing and the 73.00 week low
Iran/US headline flow remains the dominant driver — further de-escalation pressures the bid
16:01 UTC
Downtrend, attempting base · RSI 48 · price 75.656
Lower highs and lower lows, rebound from 71.78 low.
Silver has been in a clear downtrend since Monday's 78.49 high, with the dominant leg unfolding into Wednesday's NY session that swept down to 71.78 — coinciding with the lift in geopolitical premium as Trump signalled the naval blockade would be lifted. Price has since reclaimed two big figures but capped neatly at 76.66 in this NY session before fading back to 75.66, leaving the ema20 acting as resistance overhead. RSI(14) has pushed back to mid-range after a bullish divergence at the lows, but structure remains lower-high until 76.66 is taken.
Support: 75.10, 74.58, 71.78
Resistance: 76.66
What it said to watch
H1 close above 76.66 prior high would break the lower-high sequence
Loss of 75.10 session low reopens 74.58 swing low and the 71.78 week low
Further Iran/Hormuz headlines could materially shift this read given the safe-haven sensitivity
Lower highs, lower lows since Tuesday; basing under EMA20.
Silver has been in a clear downtrend since Tuesday's NY session, printing a week low at 73.00 before a sharp recovery into Thursday. Price has spent the last 24 hours consolidating between 75.10 and 76.10, pinned just below the H1 EMA20 with RSI flattening near 48 — a mild bullish divergence against the 73.00 low. The 75.95 area is the immediate cap; 75.10 session low is the pivot for the consolidation.
Support: 75.10, 74.58, 73.00
Resistance: 75.95, 76.40, 77.05
What it said to watch
H1 close above 75.95 ema20 opens 76.40 prior high then 77.05 wk pivot
Loss of 75.10 session low reopens 74.58 wk swing low
Iran/Israel headline risk can drive outsized moves outside structure
Silver sold off hard mid-week from 78.30 down to 73.00, then snapped back to 75.85 before settling into a 75.10–75.85 consolidation through the NY session. Price is hugging EMA20 with RSI(14) cycling around 48, while EMA50 above caps any extension toward the 76.40 prior high. The flush bottom at 73.00 holds as the structural low, with bullish RSI divergence noted on that wick.
Support: 75.10, 74.50, 73.00
Resistance: 75.85, 76.40
What it said to watch
Hourly close above 75.85 intraday high opens path to 76.40 prior high
Loss of 75.10 session low reopens 74.50 swing low
Iran-related headline flow could inject volatility into the NY close
Silver has trended lower since Monday's open near 78.00, with the sharpest leg down printing during Tuesday's NY session into a midweek low at 72.16 before a recovery into 76.00. Price is now consolidating around 75.50 below the H1 EMA(20) at ~76.10, with RSI(14) coiling near 47 and showing a mild bullish divergence against the week low. Structure remains lower-highs / lower-lows until the 76.65 pivot gives way.
Support: 75.10, 74.30
Resistance: 76.10, 76.65, 77.50
What it said to watch
H1 close above 76.10 ema20 would neutralise the downtrend read
Break of 76.65 prior pivot opens path back to 77.50 lower high
Loss of 75.10 session low reopens the 74.30 midweek low
Asia session liquidity thin — overnight breaks of the range often fade
Lower highs and lower lows since Tuesday peak, current sideways base.
Silver rolled over from 78.50 into Wednesday's NY session, printing a 73.00 week low before stabilising in a 74.95–76.10 range through Thursday-Friday. Price is capped by the H1 EMA20 near 76.10 with RSI hovering mid-40s, and Friday's FXStreet print confirmed spot drifting at 75.51. The base is constructive in form but unproven while lower highs persist.
Support: 75.09, 74.27, 73.00
Resistance: 76.10, 78.50
What it said to watch
H1 close above 76.10 ema20 would neutralise the lower-high sequence
Loss of 75.09 session low reopens the 74.27 Wed low
Middle East commentary from central banks (Bailey today) can spike silver intraday
Lower highs and lower lows, recent reclaim of 75.50.
Silver has worked steadily lower since Monday's open near 78.05, with the dominant leg coming during Wednesday's NY session where price flushed from 76.80 to the 72.16 week low. The recovery into Thursday reclaimed 75.50 but has stalled under the H1 EMA20 around 75.90, leaving price boxed between the session low at 75.00 and prior high at 76.41. RSI cycling in the 40s with a mild bullish divergence off the 72.16 low, but lower-high structure remains intact.
Support: 75.00, 73.82, 72.16
Resistance: 75.90, 76.41, 78.05
What it said to watch
H1 close above 75.90 ema20 would neutralise the lower-high sequence
Loss of 75.00 session low reopens 73.82 week low
BoE/Middle East headline flow could inject volatility into the metals complex
Lower highs / lower lows since Tuesday, basing near 73.00.
Silver has been in a clear H1 downtrend since Tuesday's NY session, rolling over from the 78.20 area and accelerating through the 73.00 handle on Wednesday before a sharp recovery into Thursday's NY hours stalled at 76.40. Price is now consolidating below the EMA(20) near 75.98, with RSI(14) cycling around the midline and showing a mild bullish divergence against the 72.97 low. The latest hour rejected the 75.72 push and is fading back toward the 75.09 session low.
Support: 75.09, 74.27, 72.97
Resistance: 75.98, 76.41
What it said to watch
H1 close above 75.98 (ema20) would neutralise the lower-high structure and open 76.41 prior high
Break of 75.09 session low brings 74.27 swing low back into play
Loss of 74.27 confirms continuation toward 72.97 week low
Ongoing Middle East risk headlines remain a material driver for silver this week
09:01 UTC
Downtrend, attempting base · RSI 41 · price 75.127
Lower-highs after Wednesday flush, basing 74.50–76.00.
Silver was sold hard from the 78.40 area on Tuesday through Wednesday's NY session, printing a week low near 73.10 before reclaiming 75.00 into yesterday's close. Since then price has consolidated in a 74.95–76.10 band, with the round 76.00 capping every push and EMA20 rolling over just above. RSI(14) has lifted off oversold to the low-40s, consistent with a base-building attempt rather than a trend resumption.
Support: 74.96, 74.27, 73.10
Resistance: 76.00, 76.41, 77.05
What it said to watch
H1 close back below 74.96 session low reopens the 74.27 wed low area
Reclaim of 76.41 prior high needed to challenge the ema50 near 77.05
Headlines around the US–Iran ceasefire extension remain the dominant macro driver
08:01 UTC
Downtrend, stabilising near range lows · RSI 47 · price 75.495
Lower highs into 71.80 capitulation, recovery stalling below 76.00.
Silver collapsed from 78.50 into a 71.80 week low through Wednesday's NY session before mounting a sharp recovery into Thursday, but the bounce stalled at 76.10 with two H1 rejections this morning. Price now consolidates in a tight 75.20–76.00 range below the EMA(20), with RSI cycling around 47 — momentum neutral after the relief leg, structure still lower-high on the H1. The Fed's Kashkari remarks and ongoing US-Iran headlines are setting the tone rather than scheduled data.
Support: 75.22, 74.27, 71.80
Resistance: 76.10, 76.65, 77.50
What it said to watch
H1 close above 76.65 rejection high opens path to the 77.50 ema50
Loss of 75.22 session low re-exposes the 74.27 prior swing
Geopolitical headlines around US-Iran ceasefire could materially shift this read
Lower highs into 72.16 flush, sharp recovery stalling under 76.40.
Silver was hammered from 78.26 down to a 72.16 week low across two NY sessions before staging a sharp recovery into 76.40, with bullish RSI divergence printed at the low. Price has since stalled below the 76.40 rebound high, drifting back to the 75.33 session low with RSI cooling near 50. The structure is still a downtrend on H1, but the recovery leg has not broken yet.
Support: 75.33, 74.08, 72.16
Resistance: 76.40, 77.05, 78.26
What it said to watch
Hourly close back above 76.40 rebound high opens room toward the 77.05 prior pivot
Loss of 75.33 session low reopens the 74.08 prior swing and the 72.16 week low
German state CPI prints later today are the main USD-side risk for the next session
Lower highs and lower lows since Tuesday, sharp recovery off 71.78 low.
Silver has spent the week under pressure, sliding from 78.05 at Monday's open down to a 71.78 low during Wednesday's NY session before staging a sharp recovery through Thursday. Price reclaimed both EMA(20) and EMA(50) in Thursday's NY hours and is now consolidating in a tight 75.38–76.10 range with RSI(14) flattening near 50. The bounce shows bullish divergence against the week's low, but the broader H1 structure of lower highs from 78.56 remains intact until 76.95 gives way.
Support: 75.38, 74.30, 71.78
Resistance: 76.10, 76.95, 78.05
What it said to watch
H1 close above 76.10 session high opens path back to the 76.95 prior shelf
Loss of 75.38 session low reopens the 74.30 prior pivot
Failure to hold above EMA(20) would negate the Thursday recovery read
Lower highs intact, near-term recovery off 71.78 low.
Silver has been under heavy supply all week, dropping from the 78.05 weekly open to a 71.78 low during Wednesday's NY session before recovering to the 75.80s. Price is now consolidating just under the EMA(20) near 76.10 with RSI(14) lifting back to neutral, leaving a bullish divergence against the week low. The dominant H1 structure remains a series of lower highs, with the recovery acting as a retest of broken support.
Support: 75.38, 74.49, 71.78
Resistance: 76.10, 76.90, 78.05
What it said to watch
Hourly close above 76.10 ema20 opens path back to 76.90 prior supply
Failure at 75.38 session low re-engages the 74.49 prior swing
Lower highs and lower lows since Tuesday, basing attempt.
Sharp leg lower through Wednesday's NY session drove price from 77.50 to a 71.82 week low, with the recovery off that low reclaiming 75.00 into Friday's Asia session. Price is now grinding sideways under 76.10 where the EMA20 sits, and RSI bounced from oversold while making a higher low against the price low — bullish divergence, but the broader structure on H1 remains a sequence of lower highs since Tuesday.
Support: 74.50, 73.10, 71.82
Resistance: 76.10, 76.90, 77.50
What it said to watch
Hourly close above 76.10 (ema20) would neutralise the downtrend read and open 76.90
Failure to hold 74.50 prior swing reopens the 73.10 week low
Iran headline risk flagged by Vance comments could materially shift this read
03:01 UTC
Downtrend, attempting base · RSI 50 · price 75.758
Lower highs and lower lows, basing near week low.
Silver sold off sharply through Wednesday's NY session, printing a week low at 71.78 before buyers stepped in twice around 73.00 to carve a double bottom. The recovery has reclaimed EMA20 and stalled below the 76.10 session high, with RSI cycling back to neutral after a bullish divergence at the lows.
Support: 75.50, 74.50, 73.00
Resistance: 76.10, 76.95
What it said to watch
H1 close above 76.95 would shift structure away from the lower-high sequence
Loss of 75.50 reopens the 74.50 swing low and the 73.00 base
RBNZ hawkish commentary and PBOC yuan fixing this morning may keep USD bid into NY session
Lower-high rejection, bounce from 71.78 swing low.
Silver collapsed from the 78.80 week high into a 71.78 swing low during yesterday's NY session before rebounding sharply, with the recovery reclaiming both EMA(20) and EMA(50) overnight. Price is now consolidating around 76.00 after rejection at the 76.41 session high, with RSI(14) cycling mid-50s after printing a bullish divergence at the low. The 76.41–77.05 band caps the bounce; below, 75.48 is the immediate pivot back toward the 74.27 swing.
Support: 75.48, 74.27, 71.78
Resistance: 76.41, 77.05, 78.81
What it said to watch
Hourly close above 77.05 opens path back toward the 78.81 week high
Loss of 75.48 reopens the 74.27 swing low and the 71.78 week low
Iran headline flow remains a material risk to this read given the week's volatility
01:01 UTC
Downtrend, bounce in progress · RSI 55 · price 75.832
Lower highs into 71.78 capitulation low, sharp recovery underway.
Silver crashed from the 78.80 week high into a 71.78 capitulation low during Wednesday's NY session, then carved a sharp V-recovery back above the H1 EMA(20) into 76.10 overnight. Bullish RSI divergence at the low has played out, with current price consolidating just under the session high and the 77.05 swing pivot acting as the next structural test. EMA(50) still overhead reflects the dominant downtrend on the week.
Support: 75.48, 74.49, 71.78
Resistance: 76.10, 77.05, 78.80
What it said to watch
Hourly close above 77.05 swing high would extend the recovery toward the 78.80 week high
Loss of the 75.48 ema20 reopens the 74.49 prior pivot
Iran/Hormuz headline risk remains live and could reintroduce volatility on either side
Lower highs and lower lows, bouncing off this-week low.
Silver collapsed from the 78.80 week high through midweek, bottoming at 71.78 in yesterday's NY session before a sharp recovery leg through 75.00 into the Asia handover. Price now consolidates just above EMA20 with RSI cycling near 58, and the 76.00 round number is the immediate cap after rejecting twice overnight. Recovery off the lows printed a bullish RSI divergence on the lower-low, but structure on H1 is still a sequence of lower highs from 78.80.
Support: 75.50, 74.30, 71.78
Resistance: 76.00, 76.65, 78.80
What it said to watch
Hourly close above 76.65 prior swing would break the lower-highs sequence
Loss of 75.50 ema20 reopens the midweek pivot at 74.30
Headline risk from Iran-Hormuz exchanges remains the dominant driver