From TradingView · · 30s
XAGUSD Bullish Rebound
Silver price rebounds after key demand zone.
In brief
Silver price rebounds after key demand zone. Silver price rebounded to 57.60 after testing a support zone. Originally reported by TradingView.
Silver price rebound
XAGUSD has pulled back into a significant intraday demand zone after trading within a broader bullish market structure.
Key support tested
Price is currently testing an area that previously acted as support, making this region important for potential bullish continuation.
Bullish targets
Bullish targets include 57.60, 57.80, and a resistance zone of 57.95-58.00.
What matters most
Silver price rebounded to 57.60 after testing a support zone.
