XAGUSD Rebounds from Support | Bulls Target Range Breakout
XAG/USD Spot FX:XAGUSD
Silver is showing signs of recovery after holding a key support level within its trading range. The recent bounce suggests buyers are stepping back into the market, with price now aiming for the upper resistance zone. A confirmed breakout above resistance could trigger another bullish leg.
🎯 Targets:
Target 1: 58.50
Target 2: 59.10 (Key Resistance)
Target 3: 59.80–60.00
❌ Invalidation: A sustained move below 56.90 would weaken the bullish outlook.