XAGUSD — Silver 1H Professional Technical Analysis

Sep 7

🥈 XAGUSD — Silver 1H Professional Technical Analysis 📊
🔎 Market Structure

XAGUSD has experienced a strong bearish reversal from the 70.50–71.00 resistance area after breaking out of the previous bullish channel. The decline established a clear lower-high/lower-low structure, with the bearish trend line still controlling the short-term movement.

However, after reaching the 63.33 support, price started forming a recovery and is now trading around 65.63. The recent price action suggests that sellers are losing some momentum while buyers are gradually attempting to regain control.

🟦 Key Order Block

The 64.20–64.60 zone is currently the most important demand/order-block area.

Price previously reacted strongly from this region, making it an important area to monitor for another bullish reaction.

As long as this zone continues to hold, the recovery scenario remains valid.

🎯 Upside Targets

If buyers maintain control and price breaks the nearby resistance levels:

TP1: 67.30–68.00 → First FVG
TP2: 68.20–69.80 → Major FVG zone
TP3: 70.20–70.90 → Major resistance/supply zone

The chart suggests that price could gradually move toward the upper FVG zones if bullish momentum increases.

📉 Bearish Scenario

The bullish recovery would weaken if price makes a clean 1H breakdown below 64.20.

A sustained move below the Order Block could bring price back toward:

🎯 63.33 — Major support

A break below 63.33 would invalidate the current recovery structure and could signal renewed bearish pressure.

🧠 Trading Bias

Short-term: 🔄 Neutral → cautiously bullish
Above 64.20–64.60: 📈 Buyers have an advantage
Below 64.20: 📉 Bearish pressure increases
Major upside area: 67.30–69.80

🚦 Confirmation Plan

Rather than entering immediately, watch how price behaves around the 64.20–64.60 Order Block.

✅ Hold + bullish rejection → recovery toward FVGs becomes more likely.
⚠️ Break + 1H close below the zone → bullish setup weakens.
🔥 Break above 67.30 → opens the path toward the higher FVG.

🏁 Conclusion

XAGUSD is transitioning from a strong bearish phase into a potential recovery phase. The 64.20–64.60 Order Block is the key decision area. If buyers successfully defend it, the chart structure supports a gradual move toward 67.30–68.00, followed by 68.20–69.80.

Patience + confirmation is important here. Don't chase the move in the middle of the range. 🧘‍♂️📈

Sep 9

Trade active

**Analysis is progressing well toward the TP. Price is respecting the setup and moving as expected. Stay patient and follow the plan with proper risk management.**