Guide · measured
Silver levels explained: previous day, sessions, VWAP and POC
The levels silver traders mark every day are the previous day's high, low and close, the week's open, each session's high and low, VWAP and the volume point of control. Over 41 trading days to 10 November 2026, silver traded above the previous day's high on 39 % of days and below its low on 59 %, and the New York session broke the overnight range on 71 % of days. They are reference prices, not predictions; here is how often each one actually came into play.
How often the levels came into play
Silver is the most volatile of the metals: its average daily range was 3.59 % against gold's 1.90 %. Measured on the silver perpetual's hourly candles; the same counts for gold are shown for comparison.
| Over 41 trading days | Silver | Gold |
|---|---|---|
| Traded above the previous day's high | 39 % | 41 % |
| Traded below the previous day's low | 59 % | 54 % |
| Broke both | 15 % | 7 % |
| Closed inside the previous day's range | 59 % | 61 % |
| New York broke the overnight (Asia + London) high or low | 71 % | 73 % |
| Average daily range | 3.59 % | 1.90 % |
The levels, one by one
Previous day high and low. The range of the last full trading day. Breaking one is common; breaking both on the same day is not (15 % of days). A break that fails and closes back inside the range is often more useful information than the break itself.
Week open. The first price of the trading week. It splits the week into above and below and is often revisited early in the week.
Session highs and lows. Asia, London and New York each leave a high and a low. New York breaking the overnight range is the norm (71 % of days), so the more useful question is whether the break holds.
VWAP and POC. The volume-weighted average price since 7:00 PM ET (00:00 UTC) and the price where most volume traded. Price far from VWAP often drifts back toward it during quiet hours; the POC is where buyers and sellers agreed most.
Silver's own times. The COMEX silver open at 08:25 New York time is silver's busiest hour (1.64 times an average hour in our 60-day measurement), so session levels set before it are often tested soon after.
Where to see them live
Silver levels today lists every one of these levels with the largest order book walls, updated every two minutes, and Silver trading sessions gives the session times in your time zone.
Common questions
What are the most important silver levels?
The previous day's high and low, the week's open, the session highs and lows, VWAP and the POC; on Swiftedge they sit next to the largest order book walls on Silver levels today.
How often does silver break the previous day's high?
On 39 % of 41 trading days to 10 November 2026; it broke the previous day's low on 59 % and both on 15 %.
Are levels predictions?
No. They are prices where trading or resting size was; how price behaves there is what matters.