$XAG
📊 Market Structure (4H)
Price strongly rebounded from 72.04 low and formed a clear bullish structure with higher highs and higher lows.
Recent high at 89.14 acts as immediate resistance.
Current price around 86.44, pulling back after rejection near 89.
Short-term momentum slightly bearish, but overall trend remains bullish unless 82 support breaks.
🔑 Key Levels
Resistance: 89.10 – 90.00
Immediate Support: 84.80
Major Support: 82.50 – 83.00
🟢 Bullish Setup (Trend Continuation)
Entry: 84.80 – 85.20 (on pullback & bullish confirmation)
Stop Loss: 82.40
Take Profit 1: 88.80
Take Profit 2: 90.50
➡️ Bias remains bullish above 82.50.
🔴 Bearish Setup (If Support Breaks)
Entry: Below 82.40 (4H close confirmation)
Stop Loss: 84.50
Take Profit 1: 78.70
Take Profit 2: 75.00
📌 Summary
Silver is in a medium-term uptrend but facing resistance near 89. A healthy pullback toward 84–85 can offer better long entries. Breakdown below 82.50 would shift momentum bearish.
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