SI1! chart analysis today

SI1! broke down from a rising wedge 2 days ago on thin volume under a weekly downtrend. Above $68.81 the break has failed.

Silver · daily · last close $64.31 · read computed from candles through 2026-09-02. No AI, no signal, no target.

SI1! · Dailydaily
$52.31$62.13$71.95$81.77$91.60avg31474157370VolumeResistance $82.83 · 2 touchesSupport $57.34 · 7 touchesRISING WEDGEBroke out $68.81Breaks above $68.81Breaks below $60.26Weekly resistance $83.65

The two prices that decide it

Above
$68.81 · the breakout
Below
$60.26 · the inverse head and shoulders
Formation state
Broke below $68.81 2 days ago on thin volume. No retest yet.
Trend
a series of higher highs and higher lows over the window, 3 steps across 33 bars, still intact
Agreement
Structure 3 of 4 (high) · indicators 1 of 3 (low)

Levels and what happened there

  • Resistance $82.83
  • Support $57.34
  • The last two times price reached $82.83 it held every time, bouncing 11% on average.
  • The last seven times price reached $57.34 it held every time, bouncing 9.1% on average.
  • Bigger picture Weekly down, daily rising. weekly — downtrend intact, nearest support $46.98, ascending triangle at $71.18.
  • 52 weeks 47% below its 52-week high of $121.30 and 58% above its 52-week low of $40.80.

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This page is the daily read as of 2026-09-02, computed when the site was last built. On /analyze the same engine reads the live candles on five timeframes, or a screenshot from any charting app, and Coach Chad writes it up. 1 free read every 7 days, no account.

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Every figure on this page was computed from real candle data through 2026-09-02 by the same deterministic engine that reads a chart on /analyze; no language model was involved. It describes what is on the chart. It is not advice, a signal, a forecast or a recommendation. Learn to read it yourself in the chart-reading series.

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