What happened
Written from the data, not opinion.
Positioning puts the upper wall at 50.250 and the lower wall at 50.000.
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Daily market structure XAG perpetualFinal
Silver on Thursday, 12 November 2026
XAG closed down 2.23 % on the day, trading between 49.729 and 51.988. The high came at 8:00 PM ET (01:00 UTC) and the low at 10:10 AM ET (15:10 UTC).
CLOSE · 12 Nov 2026
50.158
▼ -2.23 % on the day
Low 49.729High 51.988
bid wall 50.080ask wall 50.260
– – open 51.300
00:0006:0012:0018:0024:00 UTC
Range2.25949.729 – 51.988
Volume2,076,300XAG 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)
+0.39 %
No clean wall event in this session.
Upper wall 51.625 · Lower wall 51.375
London
3:00–9:30 AM ET (08:00–14:30 UTC)
−2.11 %
No clean wall event in this session.
Upper wall 50.500 · Lower wall 50.250
New York
9:30 AM–4:00 PM ET (14:30–21:00 UTC)
−0.77 %
No clean wall event in this session.
Upper wall 50.125 · Lower wall 50.000
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) | 50.250 from 51.375 |
| Lower wall Largest cluster of liquidations below the price (our put wall alternative) | 50.000 from 51.125 |
| Flip Where liquidations below equal liquidations above (our gamma flip alternative) | 50.000 from 51.125 |
| Upper fast wall Positions with 20x leverage or more | 50.250 from 51.375 |
| Lower fast wall Positions with 20x leverage or more | 50.000 from 51.125 |
Resting liquidity at the close
Largest walls within 2.5 % of price.
Largest bids below
- 50.08031,766 XAG
- 50.02031,099 XAG
- 50.06030,142 XAG
Largest asks above
- 50.26035,717 XAG
- 50.20032,301 XAG
- 50.32029,491 XAG
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Open DepthMethod. 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 13 Nov 00:08 UTC.