XAG/USD (SILVER)

BIAS: BULLISH
Current range is 30-28.5/O, a break above 30/O and there's TWO highs to break and find support at before climbing higher.

If BEARISH:
a break below 28.5 would probably keep momentum to 26/O. (Strong support area)

Trade active

30/O claimed and support formed.
A break above 30 and there's TWO highs to break and find support at before climbing higher.

Silvers heavily under valued.

Note

What I’m watching now:
With 32/O hit, the focus is now on holding above 31.5/O. If price can hold above this level, we could see a push toward the next target, likely around 33-34/O or higher.
A pullback toward 31/O or 30/O could act as solid support if we see a healthy retracement, giving a chance to load up for higher.

If Bearish:
A break below 31/O could suggest a short-term retracement to 30/O or 28.5/O, where we’d be looking for strong support to keep the bullish bias.

Note

Bias: Still bullish, with price action validating previous levels.

Silver broke above the key level and held it as support, then cleared $32.30 (T1) — which aligned with previous highs.

what's happening now:
Price is now pushing toward $34.85 (T2), a significant resistance zone.
A clean break and close above T2 could open the door for a move toward $36–, as momentum builds.

If Bearish:
A failure to break $34.85 may trigger a retracement toward $32.30 or $31.00.
As long as $30.00 holds, bullish Bias remains intact.

DENCHMON

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DENCHMON

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