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Ethereum Piyasa

Silver — Is Another Breakout About to Begin?

Silver — Is Another Breakout About to Begin?

XAG/USD Spot FX:XAGUSD



🚀Silver has extended its strong bullish rally and is now approaching an important resistance zone after a sharp impulsive move. The market structure remains positive, but this area is likely to determine whether buyers can continue the trend or if a short-term pullback develops.

🏆Previously:

📈 Bullish scenario

If buyers successfully break and hold above the current resistance zone, the rally could continue toward higher levels. A confirmed breakout would reinforce the existing bullish momentum and keep the uptrend intact.

📉 Bearish scenario

If price is rejected at resistance, a pullback toward the nearest demand zone becomes the most likely scenario. As long as that support holds, the broader bullish structure would remain valid despite a temporary correction.

Overall, Silver continues to trade with strong upward momentum, and the current resistance zone is the key level to watch for the next directional move.

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