XAGUSD (Silver) | 1H | SELL SETUP...

Jul 7

📊 XAGUSD (Silver) | 1H | SELL SETUP
📝
XAGUSD: Trendline Breakdown & Support Retest | Bearish Continuation Expected
🎯 Profit Objectives:
➊ 59.50 ✅ (TP1 – First support / trendline reaction area)
➋ 58.70 ✅ (TP2 – Next demand zone)
➌ 57.20 ✅ (Final TP – Major support zone)
🛡️ Invalidation:
A strong 1H candle close above the descending trendline and the 62.00–62.50 resistance zone would weaken the bearish setup.
📊 Market Perspective:
Price is respecting a descending trendline, keeping the short-term structure bearish.
The previous support zone has turned into resistance, increasing the probability of a downside move.
A retest of the broken trendline may provide additional confirmation before continuation lower.
As long as price remains below the resistance zone, sellers may target the levels marked on the chart.
⚠️ Disclaimer:
This analysis is for educational purposes only and reflects current price action. Wait for confirmation before entering any trade and always use proper risk management.
💠 Trade with Strategy — Manage Risk with Discipline.

Jul 7

Trade active

active now traders

Jul 8

Note

Jul 8

Note

1st tp done

Jul 8

Note

Jul 8

Trade closed: target reached

all target done