XAGUSD Silver Technical Analysis

24 فبراير

Silver (XAG/USD) has broken a strong support level and is now in a retracement phase, where the previous support is acting as a resistance and supply zone. The market is showing signs of a bearish continuation, targeting the lower support levels.

Key Levels & Expectations:
Sell Zone (32.350 - 32.400 Area)This zone acted as resistance, causing a strong rejection.
A retest of this zone could provide additional shorting opportunities.
First Target – 32.12025 (Support Level)
Second Target – 31.92638 (Next Major Support)
Final Target – 31.70380 (Strong Support Zone)

This level could trigger potential buying interest.

note: If price closes above the Sell Zone (32.400), it may indicate bullish strength, invalidating the bearish outlook.
A break above this zone could lead to further upside movement.

28 فبراير

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