XAGUSD Volatility Build-Up Before Major ExpansionSilver (XAGUSD)CAPITALCOM:SILVERXAU_CAPITALSilver is currently trading within a structured intraday range after completing a clear impulsive move that printed a higher high, followed by a sharp corrective sweep into a higher low. The recovery from that low was aggressive, signaling that downside liquidity was absorbed efficiently and positioning has shifted back toward controlled upside repricing. Price is now compressing beneath a prior expansion leg, forming a tight rotational structure. This type of consolidation typically reflects order matching between short-term profit taking and fresh positioning. The recent internal pullback appears shallow relative to the prior impulse, indicating that momentum has not fully deteriorated but is instead transitioning into a liquidity engineering phase. Broader macro flows continue to influence precious metals, with capital rotating between safe-haven demand and USD-driven pressure. Volatility across commodities remains elevated as markets react to interest rate expectations, inflation projections, and risk sentiment shifts. Silver’s current structure suggests that the market is preparing for expansion rather than continuation of random range behavior. The projected path implies a short-term upside inducement to attract breakout participants, potentially followed by a sharper repricing move once liquidity objectives are completed. Compression phases of this nature rarely persist for extended periods without a volatility event. Outlook: Structured consolidation → inducement phase → volatility expansion. Traders should anticipate displacement once positioning imbalance resolves.