Silver (XAG/USD) has delivered a strong bullish rally after breaking above its consolidation range and reclaiming the Ichimoku Cloud, signaling improving momentum. Price is now testing a key resistance zone around **$62.80–$63.00**, where sellers may begin to step in. As long as this resistance holds, a healthy correction toward the **$60.04** support area is possible before the next directional move. A successful hold above the target zone could provide buyers with another opportunity to continue the broader uptrend, while a decisive break above resistance would invalidate the pullback scenario and open the door for further gains.
**🎯 Target:** **$60.04**
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.