📊 XAGUSD (Silver) – Bearish Outlook
After a strong Bearish expansion, price has entered a key resistance zone where upward momentum is starting to weaken. The market is no longer pushing aggressively higher, suggesting a possible loss of buying strength.
Instead of a clear breakout, price is reacting around resistance and showing signs of hesitation. This behavior often indicates that sellers are beginning to step in.
Currently, price is still moving within an ascending structure, but a break below the trendline would signal a shift in market control, increasing the likelihood of a bearish move.
As long as price remains below the 82.10 – 82.78 resistance zone, the downside bias remains intact.
🔑 Key Levels to Watch:
Resistance: 82.10 – 82.78
Support: 78.68 / 76.50
This analysis is based on current price action and market structure. Market conditions may change, so proper risk management is always recommended.
After a strong Bearish expansion, price has entered a key resistance zone where upward momentum is starting to weaken. The market is no longer pushing aggressively higher, suggesting a possible loss of buying strength.
Instead of a clear breakout, price is reacting around resistance and showing signs of hesitation. This behavior often indicates that sellers are beginning to step in.
Currently, price is still moving within an ascending structure, but a break below the trendline would signal a shift in market control, increasing the likelihood of a bearish move.
As long as price remains below the 82.10 – 82.78 resistance zone, the downside bias remains intact.
🔑 Key Levels to Watch:
Resistance: 82.10 – 82.78
Support: 78.68 / 76.50
This analysis is based on current price action and market structure. Market conditions may change, so proper risk management is always recommended.
Trade active
TARGET 1 DONE
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🔔 Join Telegram for more charts & updates:
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Free Forex Signal's
👉 t.me/THEKINGOFGOLD75
👉 t.me/+gdlWuPahqfw2M2Rk
👉 t.me/+gdlWuPahqfw2M2Rk
Free Forex Signal's
👉 t.me/THEKINGOFGOLD75
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.