XAGUSD (Silver) | 1H Time Frame | BUY SETUP...

Jul 11

XAGUSD (Silver) | 1H Time Frame | BUY SETUP
📍 Entry Zone: 59.40 – 59.70 (while price holds above the ascending trendline and support)
🎯 Profit Targets:
TP1: 60.20 ✅
TP2: 60.60 ✅
TP3: 60.95 – 61.00 ✅ (major resistance zone)
🛡️ Risk Protection: A 1H candle close below 59.00 would weaken the bullish structure and invalidate this setup.
📊 Technical Analysis: Price has broken above the long-term descending trendline and is now respecting the rising trendline as dynamic support. The market is forming higher lows, suggesting buyers remain in control. As long as the support zone around 59.20–59.40 holds, the probability favors a continuation toward the 60.60–61.00 resistance area.

Jul 11

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