xag

$XAG Silver (XAGUSDT Perp) is currently trading near 81.7, consolidating after a strong rebound from the 64.5 demand zone. The sharp sell-off from the 92.3 high was followed by aggressive dip-buying, indicating that smart money stepped in at discounted levels. On the 4H structure, price is forming higher lows, showing short-term bullish recovery strength, while overall volatility remains elevated. The market is now transitioning into a decision phase, where direction will be defined by how price reacts around the key resistance cluster. Momentum is neutral-to-bullish, but continuation requires a confirmed breakout rather than impulsive wicks.
$XAG From a technical perspective, 80.0–78.7 acts as the primary intraday support zone and must hold to keep the recovery structure intact. Below this, stronger demand sits at 75.3, followed by a deeper safety support near 69.2. On the upside, immediate resistance stands at 84.1, which aligns with prior rejection and supply. A successful breakout and close above this level could open the path toward 87.6 and ultimately 92.3, the major structural resistance. As long as price remains above 80, upside continuation remains favored; however, rejection at resistance may trigger short-term pullbacks before the next expansion. Traders should monitor volume and candle closes closely for confirmation before positioning.
📌 Not financial advice. Trade with proper risk management.
Disclaimer: I am not your financial advisor.
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