XAG/USD — Professional Technical Analysis

Aug 25

# 🥈 XAG/USD — Professional Technical Analysis 📊

### 📈 Market Structure

XAG/USD remains within a **well-defined bullish ascending channel**, with price maintaining the broader higher-high/higher-low structure. Current price action is consolidating below a major supply zone.

### 🔴 Major Resistance

**70.00–71.00**
This is the primary resistance/supply area. A clear rejection could initiate a corrective move, while a confirmed breakout and successful retest would strengthen the bullish continuation setup.

### 🟦 Key Order Block

**65.00–66.10**
This zone represents important structural support. A bullish reaction from this area would keep the broader bullish structure intact.

### 🟨 FVG / Secondary Support

**63.40–64.80**
If the correction extends below the order block, this FVG becomes the next significant area where buyers may attempt to react.

### 🎯 Market Scenarios

**Bullish:** Break and hold above **70.00–71.00** → continuation toward higher levels. 📈

**Corrective:** Rejection from resistance → pullback toward **65.00–66.10** → potential bullish reaction. 🔄

**Bearish invalidation:** A decisive breakdown below the channel and key support structure would weaken the bullish thesis. ⚠️

### 🧠 Final Outlook

**Overall Bias: Bullish 📈**

The larger structure remains positive, but price is approaching a critical resistance zone. **Patience and confirmation are essential—avoid chasing the move directly into resistance.** 🎯

Aug 26

Trade active

**TP Progress 📉🎯**

My analysis is running perfectly as planned, with Silver moving toward the projected TP. The bearish setup remains valid. 🔥📊

Aug 29

Trade closed: target reached

My analysis is playing out perfectly and price is moving toward the TP as expected. 📉🎯