# Silver Bullish Reversal Setup

> Silver price shows potential rebound with targets at $59.30 and $61.70.
- Title: Silver Bullish Reversal Setup · TradingView | Shortify
- Summary: Silver price shows potential rebound with targets at $59.30 and $61.70. Silver is poised for a bullish recovery after bouncing from $55.50, $55.70 support…
- Keywords: xagusd, silver, bullish, reversal, target, 59.30, 61.70, support, consolidation, breakout, business, finance
- Source: TradingView — https://tradingview.com/chart/XAGUSD/dZvqd2EN-XAGUSD-Bullish-Reversal-Setup-Targets-59-30-and-61-70
- Published: 2026-10-21T18:23:32+00:00
- Read time: 1 min
- Topics: xagusd, silver, bullish, reversal, target, 59.30, 61.70, support, consolidation, breakout, business, finance
## Silver Price Action
Silver is showing signs of a potential bullish recovery after bouncing strongly from major support around $55.50, $55.70.
## Current Price and Targets
Price is consolidating near $57.74 with targets at $59.30 and $61.70 for a potential upward move.
## Breakout Confirmation Needed
A bullish breakout above consolidation is required before expecting significant price movement toward targets.
## Key takeaway

Silver is poised for a bullish recovery after bouncing from $55.50, $55.70 support, targeting $59.30 and $61.70 if it breaks above $57.74.