XAG/USD is showing a bullish wedge breakout setup on the 30-minute timeframe. Price has broken above the falling wedge resistance and completed a retest near the breakout area, suggesting buyers are trying to regain control. As long as price holds above the highlighted support zone, the next upside targets remain the resistance levels marked on the chart. 
XAGUSD
🟢1st Resistance : 81.060
🟢2nd Resistance : 83.775
🔴Support Zone : 72.953 – 74.084
💡Fundamental Key Points & Live Headlines :
Higher Treasury yields and stronger USD remain key bearish risks for silver because they increase the opportunity cost of holding metals and make USD-priced commodities more expensive for foreign buyers.
⚠️Disclaimer : This analysis is for educational purposes only
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XAGUSD 🟢1st Resistance : 81.060
🟢2nd Resistance : 83.775
🔴Support Zone : 72.953 – 74.084
💡Fundamental Key Points & Live Headlines :
Higher Treasury yields and stronger USD remain key bearish risks for silver because they increase the opportunity cost of holding metals and make USD-priced commodities more expensive for foreign buyers.
⚠️Disclaimer : This analysis is for educational purposes only
Support the idea 🚀Boost |💬 Comment |🔁 Share |
🔸🔸 Charts Don’t Lie, Traders Don’t Quit 🔸🔸
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🟢New Telegram Free Channel : telegram.me/kabhi_official
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Telegram - telegram.me/kabhidhan_official
Contact Me @
Telegram - telegram.me/kabhidhan_official
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.