XAGUSD (Silver) Bearish Structure Shift: FVG Retest and SSL SilverOANDA:XAGUSDPremiumTrader57Educational analysis: not financial advice Silver has spent the past two months moving from a strong bullish phase into what looks like a bearish shift in structure. Here is how the chart reads. 1. The bullish leg From the July lows, price printed three clear Breaks of Structure (BOS), each one taking out a prior swing high. That is a textbook uptrend, with buyers in control and higher highs forming. 2. The shift in character Near the 70.00 to 71.00 area, price failed to hold. A sharp, impulsive drop broke the recent structure low, producing a Market Structure Shift (MSS). This is often the first sign that momentum is changing hands. 3. Liquidity sweep Price later rallied back to the equal highs (Buy-Side Liquidity, BSL) and swept them before rolling over. Liquidity sweeps like this are commonly studied as "stop-runs": resting orders get triggered, then price reverses. 4. Lower highs and the recent impulse The market then formed a lower high near 67.50 and sold off aggressively. That impulsive move left behind a Fair Value Gap (FVG) around 62.90, an imbalance where price moved too quickly for both sides to trade fairly. 5. The scenario being studied Idea: a retracement into the FVG, followed by a continuation lower Reference entry zone: around 62.90 Invalidation: above 64.38, where the bearish scenario would no longer hold Downside target: the Sell-Side Liquidity (SSL) near 56.70, sitting under the July lows Approximate risk-to-reward: about 1:4 6. What would strengthen or weaken this view Strengthens: a clear rejection from the FVG, with bearish candles closing back below it Weakens: a strong close above 64.38, or price filling the FVG and holding above it Key takeaway: the chart tells a story: trend, sweep, structure break, imbalance, and a liquidity target. Learning to read that sequence matters more than any single trade idea. ⚠️ Disclaimer: This post is for educational purposes only and is not financial advice or a recommendation to buy or sell. Trading involves substantial risk, and past patterns do not guarantee future results. Always do your own research and manage your risk.