XAGUSD (Silver) | 30M Timeframe – Bearish Rejection from Resista

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XAGUSD (Silver) | 30M Timeframe – Bearish Rejection from ResistaSilver vs US DollarPEPPERSTONE:XAGUSDBerlinGoldInsightsSilver has rallied into a major resistance zone where sellers are showing clear signs of defending the level. The repeated rejection from this supply area suggests bullish momentum is weakening, increasing the probability of a downside move if price fails to break and hold above resistance. My primary outlook remains bearish while price trades below this zone. A confirmed rejection could trigger a move toward the first support target, with the potential to extend toward the lower demand area as Target 2 if selling pressure continues. However, a strong breakout and close above resistance would invalidate this bearish scenario. Key Levels: * Resistance: Current marked supply zone * Target 1: Mid-range support * Target 2: Major demand/support zone This is my personal technical analysis based on price action, support/resistance, and market structure. Always wait for confirmation and manage your risk before entering any trade.