XAGUSD · Silver vs US dollar · Intraday (24 hours) · H1
Issued by the engine 07/10/2026 13:19 UTC · published 07/10/2026 21:38 UTC · valid until 08/10/2026, 13:00 UTC
Updated 2026-10-21
Data: H1 bars from the capitalcom-demo feed (bid), from 23/09 to the 13:00 UTC close of 07/10/2026. H1 timeframe; no macro data or calendar. Outcome: closed at +0.87R net. It goes into the record like every other.
The move since issue
up down entry stop targets invalidation
H1 bars of the series COMEX silver futures (SI=F), shifted to the analysis scale with the record basis (−0.282), from six bars before issue to the end of the horizon (08/10/2026 13:00 UTC). Lines: published entry, stop, targets and invalidation levels; circles mark the recorded events. Bar source: Yahoo Finance; read on 08/10/2026. Not a forecast.
The price now
For context only. The analysis is from 07/10/2026: its levels apply to that moment, not to today’s price. Source: the XAG/USD quote from gold-api, read every 10 seconds. Not an analysis and not an instruction.
Structure and reasoning
Levels, events and percentiles are the ones computed by the run on H1 bars from the capitalcom-demo feed, up to the 13:00 UTC close of 07/10/2026; no macro data or calendar.
Liquidity: on 06/10 price ran the 61.31 equal highs, 1.04ATR deep. It then took the three-member high cluster at 61.69, up to a 61.847 high that did not hold.
Break: on 07/10 at 05:00 UTC a bearish CHoCH broke 60.741, where a four-member low cluster sat. Price then lost the second four-member shelf at 60.256 and closed at 59.598, below every low cluster in the window.
Reading: sweep of the highs, structure break and shelf loss are three independent facts pointing the same way.
Entry: it waits for a retest of the broken 60.256 shelf rather than selling 59.598 after an outsized bar.
Opposite scenario
No structure event in the window is displacement quality: all are drift or indeterminate.
The last bar expanded 3.58 ATR out of compressed volatility (ATR percentile 26) and closed at the middle of its range. That is the shape of a liquidity grab below the lows, not of decisive selling.
The shelf around 60.7 has flipped before: the 02/10 bearish CHoCH at 60.726 was reversed.
A close above 60.741 would open room toward untouched offers at 61.073–61.31 and 61.629–61.847.
Every Meridian Engine analysis records direction, entry, stop, targets and invalidation before the move; the outcome is checked afterwards on the public price series named on each card, losses included. Waitlist members receive one or two analyses a week by email, free while on the waitlist.