XAGUSD / Silver — Bullish Continuation Setup 📈
Silver is respecting the ascending trendline support while maintaining a bullish market structure on the 1H timeframe.
Price is currently consolidating near the support area, suggesting buyers are still active in the market.
🔹 Support Zone: 75.20 – 75.50
🎯 Target 1: 78.00
🎯 Target 2: 80.00
🛑 Invalidation Area: Break below trendline and support zone
A strong hold above the current support area may trigger further upside momentum toward the highlighted resistance and target zone. Traders should monitor breakout confirmation and candle strength near resistance.
This analysis is shared for educational purposes only and reflects current market structure.
Silver is respecting the ascending trendline support while maintaining a bullish market structure on the 1H timeframe.
Price is currently consolidating near the support area, suggesting buyers are still active in the market.
🔹 Support Zone: 75.20 – 75.50
🎯 Target 1: 78.00
🎯 Target 2: 80.00
🛑 Invalidation Area: Break below trendline and support zone
A strong hold above the current support area may trigger further upside momentum toward the highlighted resistance and target zone. Traders should monitor breakout confirmation and candle strength near resistance.
This analysis is shared for educational purposes only and reflects current market structure.
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Pubblicazioni correlate
Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.