📈 XAGUSD (Silver) Technical Overview
Silver is showing signs of a potential bullish shift as technical patterns suggest buying interest is emerging at lower levels.
🔑 Key Observations
Falling wedge pattern indicates decreasing bearish momentum — often a precursor to trend reversal
Multiple touches on both trendlines validate the pattern
Price reacted strongly at a key demand zone, showing buyers stepping in
If breakout sustains, upside potential targets psychological levels and higher‑timeframe resistance zones
As long as price holds above the demand area, bullish continuation remains in focus
🧠 Expert Insight
Silver may be preparing for a rebound, but confirmation requires a successful breakout and sustained buying above key demand levels.
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