Silver (XAG/USD)
Silver OANDA:XAGUSD
Silver (XAG/USD) — Channel Sweep Near Monthly Open
Price is reacting near the Monthly Open inside a descending 4H channel. A liquidity sweep into the 55.80–56.20 zone would set up the next leg toward the 63.00–63.67 trendline/supply area.
Key levels:
- Sweep/entry interest: 55.80–56.20
- First target: 60.00–60.50
- Major target: 63.00–63.67
- Invalidation: below 55.00
A double-top rejection at 63.00–63.67 would open downside continuation back toward 53.00.
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