XAGUSD 1H TIMEFRAMME (KEY LEVELS & POSSIBLE SCENARIOS

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XAGUSD 1H TIMEFRAMME (KEY LEVELS & POSSIBLE SCENARIOS SilverOANDA:XAGUSDmarketmaven369Silver is currently trading around a major intraday supply zone after a strong recovery from recent lows. Price is reacting inside a mid-range structure, and the next move will likely be determined by how price behaves around this zone. 🔍 Key Zones: Supply Zone: 78.0 – 78.35 Mid Resistance: ~74.05 Current Range: ~72.0 – 73.0 Demand Zone: 64.5 – 66.0 📈 Bullish Scenario: If price holds above the current consolidation and breaks above 74.05, we could see continuation toward the major supply zone at 78+. A clean breakout and retest could offer long opportunities targeting 78.35. 📉 Bearish Scenario: Failure to hold above the current range (~72) may trigger a rejection. In that case, price could retest lower liquidity levels, with a potential move down toward the demand zone at 65.5. ⚠️ What to Watch: Rejection or breakout at 74 resistance Momentum shift around 72 support Confirmation before entering trades (avoid anticipating) 💡 This is a reaction-based setup — let price confirm direction before committing. #XAGUSD #Silver #Forex #TradingView #TechnicalAnalysis