XAGUSD (Silver) 4H | SMC + Rebound Channel Buy Setup | High Prob

Silver (XAGUSD) is reacting from a major demand zone after completing a bearish move. The chart highlights a bullish rebound structure inside the channel, with buyers defending the support area. If price holds above the buy reaction zone, the next upside targets are 61.43 (Target 1), 65.41 (Target 2), and the 69.96 major resistance / final target.
This setup combines Smart Money Concepts (SMC), market structure, liquidity, and supply & demand for educational purposes. Wait for bullish confirmation before entry and always manage risk with a proper stop loss below the demand zone.
Targets:
TP1: 61.43
TP2: 65.41
Final Target: 69.96
This setup combines Smart Money Concepts (SMC), market structure, liquidity, and supply & demand for educational purposes. Wait for bullish confirmation before entry and always manage risk with a proper stop loss below the demand zone.
Targets:
TP1: 61.43
TP2: 65.41
Final Target: 69.96
Trade active
Keep strong hold wait for my last target 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.
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.