SILVER (XAGUSD) — 1H | Bullish Divergence SetupSilverOANDA:XAGUSDAhmed_MinhasAfter the sharp decline, Silver is consolidating inside a **descending channel** on the 1H timeframe. What makes this setup interesting is the **bullish RSI divergence**: price has been forming lower lows while RSI is forming higher lows, suggesting that bearish momentum may be weakening. 📈 **Key level to watch:** A confirmed 1H breakout and close **above the upper boundary of the descending channel** would provide stronger confirmation that bullish momentum is developing. 🎯 **Potential upside targets:** **63.00 → 63.50** ⚠️ **Invalidation / risk:** A decisive breakdown below the channel's lower boundary would weaken or invalidate the bullish setup. As always, wait for confirmation rather than anticipating the breakout. **My plan:** I’ll be monitoring the channel closely. A clean breakout + confirmation/retest could open the way toward the 63.00–63.50 area. This is a technical setup, not financial advice. Manage risk according to your own strategy. #Silver #XAGUSD #SilverTrading #SilverAnalysis #TechnicalAnalysis #PriceAction #RSI #RSIDivergence #BullishDivergence #TradingView #Forex #Commodities #PreciousMetals #TradingSetup #Breakout #DayTrading #SwingTrading