XAG/USD – 1HSilverOANDA:XAGUSDAlerefill2Bias: Short-term bullish. Price has broken the bearish structure (Bullish Market Structure Shift) and is now making a healthy pullback. Key Buy Zone: The 38.2%–61.8% Fibonacci retracement (58.05–57.69). This area aligns with a Fair Value Gap (FVG) and previous resistance turned support, adding strong confluence. Expected Scenario: If price holds this zone and prints bullish confirmation on a lower timeframe, the next upside targets are 58.60, then 59.50, with a potential move toward 60.80–61.00 if momentum continues. Invalidation: A decisive break below 57.08 would invalidate the bullish setup and increase the probability of a deeper pullback. Conclusion: The current market structure favors buying the pullback rather than chasing the rally. Waiting for confirmation within the highlighted demand zone offers the best risk-to-reward opportunity.