Daily market structure XAG perpetualFinal

Silver on Wednesday, 11 November 2026

XAG closed down 0.64 % on the day, trading between 51.247 and 53.232. The high came at 2:20 AM ET (07:20 UTC) and the low at 6:45 PM ET (23:45 UTC).

CLOSE · 11 Nov 2026

51.300

▼ -0.64 % on the day

Low 51.247High 53.232

bid wall 51.300ask wall 51.440

– – open 51.632

00:0006:0012:0018:0024:00 UTC

Range1.98551.247 – 53.232

Volume1,172,070XAG traded

Wall events00 eaten · 0 pulled · 0 held

Levels around the price

±3.5 % around price · at the close

bid wallsask wallsUpper wallLower wallFlipUpper fast wallLower fast wall

The day on one line

Sessions

Asia, London and New York, each summed up when it closes. Times follow local opening hours.

Asia

7:00 PM–3:00 AM ET (00:00–08:00 UTC)

Closed

+2.86 %

51.494 – 53.232 · range 1.738
high 2:20 AM ET (07:20 UTC) · low 7:55 PM ET (00:55 UTC) · 335,752 XAG

No clean wall event in this session.

Upper wall 53.125 · Lower wall 53.000

XAG order book heatmap, Asia session, 11 Nov 2026

London

3:00–9:30 AM ET (08:00–14:30 UTC)

Closed

−1.04 %

52.496 – 53.201 · range 0.705
high 5:00 AM ET (10:00 UTC) · low 9:10 AM ET (14:10 UTC) · 296,631 XAG

No clean wall event in this session.

Upper wall 52.625 · Lower wall 52.500

XAG order book heatmap, London session, 11 Nov 2026

New York

9:30 AM–4:00 PM ET (14:30–21:00 UTC)

Closed

−1.53 %

51.758 – 52.564 · range 0.806
high 9:30 AM ET (14:30 UTC) · low 3:55 PM ET (20:55 UTC) · 324,736 XAG

No clean wall event in this session.

Upper wall 51.875 · Lower wall 51.625

XAG order book heatmap, New York session, 11 Nov 2026

XAG order book heatmap for 11 Nov 2026 with price, positioning walls and the day's liquidity wall events — Asks (resting sell liquidity)Bids (resting buy liquidity) Upper / lower wallFast wallsFlip

What happened

Written from the data, not opinion.

Positioning puts the upper wall at 51.375 and the lower wall at 51.125.

Liquidity wall events

Classified from every trade at the wall's own price, not from candles. What is a liquidity wall?

Event	Wall	Time
No clean wall event today. A wall only counts when the trades at its own price prove what happened.

Positioning

Where public open positions would be liquidated, by price: the upper wall, lower wall, flip and fast walls (20x leverage or more). It is an estimate from part of the market's positions. Looking for the call wall, put wall or gamma flip? These are the same kind of levels, built from where traders hold positions rather than from options. End of day.

Upper wall Largest cluster of liquidations above the price (our call wall alternative)	51.375 from 51.750
Lower wall Largest cluster of liquidations below the price (our put wall alternative)	51.125 from 51.500
Flip Where liquidations below equal liquidations above (our gamma flip alternative)	51.250 from 51.625
Upper fast wall Positions with 20x leverage or more	51.375 from 51.750
Lower fast wall Positions with 20x leverage or more	51.125 from 51.500

Resting liquidity at the close

Largest walls within 2.5 % of price.

Largest bids below

51.30027,883 XAG
51.28026,256 XAG
51.24023,061 XAG

Largest asks above

51.44030,371 XAG
51.34027,668 XAG
51.32026,472 XAG

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Method. Price, volume and order book from perpetual futures. Positioning shows where public open positions would be liquidated, by price; it is an estimate from part of the market's positions. A wall is "held" when trades hit it and price turned, "pulled" when it vanished within seconds with almost nothing traded, "eaten" when most of it was traded away. Times are UTC. Updated 12 Nov 00:08 UTC.