Silver (XAG/USD) Technical AnalysisSilver / U.S. DollarFOREXCOM:XAGUSDFadi_radarThe price of silver is in a strong overall uptrend, with a downward corrective movement on the hourly timeframe. It's currently testing a support area at $38.40. Bearish Scenario: If the $38.40 support area is broken and the price holds below it, it could push the price toward $38.00. Bullish Scenario: If the price rebounds from the support area and successfully breaks above $38.70, closing above this level could support an ascent to retest the $39.00 area or even test $39.40.