Silver Trading Below Recent Highs | Support Retest Could Decide
XAG/USD has pulled back after reaching the upper resistance zone and is now approaching an ascending support trendline. This creates an important technical area where buyers and sellers may compete for short-term control.
The projected roadmap reflects one possible scenario where price produces a limited recovery before resuming its move toward lower support levels. As long as price remains below the recent highs, the corrective structure remains active.
A confirmed break below trendline support would shift attention toward the lower horizontal support zone highlighted on the chart.
Technical Levels
Support Zone
57.80
57.30
56.70
Resistance Zone
58.50
58.90
59.00
Potential Price Objectives
Initial objective: 57.80
Second objective: 57.30
Final objective: 56.70
The projected roadmap reflects one possible scenario where price produces a limited recovery before resuming its move toward lower support levels. As long as price remains below the recent highs, the corrective structure remains active.
A confirmed break below trendline support would shift attention toward the lower horizontal support zone highlighted on the chart.
Technical Levels
Support Zone
57.80
57.30
56.70
Resistance Zone
58.50
58.90
59.00
Potential Price Objectives
Initial objective: 57.80
Second objective: 57.30
Final objective: 56.70
Trade ativo
update
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Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.