$XAG Price is trading around $73.43 after a strong rejection from the $76.22 high, followed by a clear impulsive bearish move. The structure on the 15m timeframe shows consistent lower highs and lower lows, confirming a strong intraday downtrend. The latest bounce from $73.24 is weak and corrective, lacking volume and continuation.
Liquidity has been aggressively taken on the downside, with a clean sweep below $74.00 and continuation into $73.24. Upside liquidity is now resting around $74.40–$75.00, which aligns with the breakdown zone and acts as strong resistance. Price remains below this supply area, keeping sellers in control.
EP: $73.60 – $74.20
TP1: $73.00
TP2: $72.60
TP3: $72.00
SL: $75.10
Trend strength is firmly bearish with no signs of structural reversal, only weak pullbacks.
Momentum remains heavy on the downside; selling candles are impulsive while bullish attempts are shallow.
Price is likely to continue lower toward untested liquidity below $73.00 as long as resistance at $74.40 holds.
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