XAGUSD is trading around 62.39, having successfully held above the rising trendline. Recent pullbacks have been absorbed relatively quickly, indicating that buyers remain in control of the short-term structure.
A key level to watch is the 61.321 zone, which has recently acted as support. If the price retraces to this area without breaking below it, buying pressure could push the price toward 64.595—a level marked as psychological resistance on the chart.
Trading Focus: Prioritize BUY positions if the price holds above the 61.32–61.60 range and shows a bullish reaction.
Target: 64.595
Invalidation: The bullish scenario is invalidated if the H1 candle closes below 61.30.
A key level to watch is the 61.321 zone, which has recently acted as support. If the price retraces to this area without breaking below it, buying pressure could push the price toward 64.595—a level marked as psychological resistance on the chart.
Trading Focus: Prioritize BUY positions if the price holds above the 61.32–61.60 range and shows a bullish reaction.
Target: 64.595
Invalidation: The bullish scenario is invalidated if the H1 candle closes below 61.30.
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Free trading plans to follow
Real-time market insights
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LEVEL UP YOUR TRADING
👉t.me/+aoROTvcQl3k4MzA1
Signals & setups to boost your edge
Free trading plans to follow
Real-time market insights
👉t.me/+aoROTvcQl3k4MzA1
Signals & setups to boost your edge
Free trading plans to follow
Real-time market insights
Haftungsausschluss
Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.