XAG/USD (Silver) – 4H Analysis
Silver remains in a short-term bullish structure, trading inside an ascending channel after rebounding from the 55.50–56.00 demand zone. Price is holding above key support, but faces strong resistance near 60.00–62.00.
🔴 Resistance: 60.00 – 62.00
🟢 Support: 57.30 – 56.00
A break above 60.00 could extend the rally toward 62.00, while a drop below 57.30 may trigger a retest of 56.00. Overall bias remains bullish while price holds above channel support.
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