XAGUSD maintains a clear bullish structure on the H2 timeframe, with price consistently forming higher lows and moving steadily within an ascending channel. The recent rebound from the channel's lower boundary indicates that buyers remain in control of the primary trend.
The 65.37 level currently serves as a notable support zone. Should the price pull back to this area while holding above the channel's lower boundary and the underlying Ichimoku support, I expect XAGUSD to regain momentum and target the 67.00–67.33 range.
From a fundamental perspective, expectations of a less hawkish Fed, weak US labor data, and safe-haven demand continue to provide support for silver. Consequently, I favor a "buy on pullback" strategy as long as the bullish structure remains intact.
Primary Trend: Bullish | Support: 65.37 | Target: 67.33
The 65.37 level currently serves as a notable support zone. Should the price pull back to this area while holding above the channel's lower boundary and the underlying Ichimoku support, I expect XAGUSD to regain momentum and target the 67.00–67.33 range.
From a fundamental perspective, expectations of a less hawkish Fed, weak US labor data, and safe-haven demand continue to provide support for silver. Consequently, I favor a "buy on pullback" strategy as long as the bullish structure remains intact.
Primary Trend: Bullish | Support: 65.37 | Target: 67.33
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
Verbundene Veröffentlichungen
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.
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
Verbundene Veröffentlichungen
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.