BTC $63,270.00 ▲ 0.83% ETH $1,867.48 ▲ 0.42% USDT $0.9992 ▼ 0.01% BNB $587.20 ▲ 1.87% XRP $1.08 ▲ 2.24% SOL $73.31 ▲ 2.10% DOGE $0.0706 ▲ 1.52% SHIB $0.00000497 ▲ 1.13% PEPE $0.00000291 ▲ 5.74% BTC $63,270.00 ▲ 0.83% ETH $1,867.48 ▲ 0.42% USDT $0.9992 ▼ 0.01% BNB $587.20 ▲ 1.87% XRP $1.08 ▲ 2.24% SOL $73.31 ▲ 2.10% DOGE $0.0706 ▲ 1.52% SHIB $0.00000497 ▲ 1.13% PEPE $0.00000291 ▲ 5.74%
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Piyasa

XAG/USD (Silver) Technical Analysis (2H)

XAG/USD (Silver) Technical Analysis (2H)

Silver OANDA:XAGUSD

📊 XAG/USD (Silver) Technical Analysis (2H) 🥈
🔍 Market Overview

Silver is trading inside a range-bound structure after rejecting the recent swing high. Price is currently hovering near 57.60, where buyers are attempting a short-term recovery. However, the overall market structure remains cautious as price continues to trade below the major resistance.

📈 Bullish Scenario
Buyers need to reclaim and hold above 58.80–59.00 to regain bullish momentum.
A strong breakout above this zone could open the path toward the 60.95 major resistance.
Sustained buying volume is required to confirm continuation.
📉 Bearish Scenario
The recent rejection suggests sellers are still defending higher prices.
If the current bounce fails below resistance, a fresh bearish wave is likely.
The highlighted Order Block (55.50–56.00) becomes the first downside target.
A break below that zone could extend the decline toward the 54.80 support.
🎯 Key Levels
🚧 Resistance: 60.95
📦 Order Block: 55.50 – 56.00
🛡️ Major Support: 54.80
🧠 Trading Outlook

The market remains bearish below 59.00. Any short-term bullish retracement may provide better selling opportunities unless buyers manage to break and hold above resistance. For now, the probability favors a move toward the order block before any larger bullish continuation. ⚠️📉

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