SILVER 4HR

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SILVER 4HRSilver / US DollarEIGHTCAP:XAGUSDShavyfxhubXAGUSD 4H Chart Analysis – Shavyfxhub Strategy (Silver 4HR) Current Price: ≈ 64.87 Market Structure Silver is in a recovery phase on the 4-hour timeframe after making a clear Absolute Low (ATL). Price found a strong bottom (marked ATL) and has been trending higher along a rising green trendline. It is currently consolidating just above the key green demand zone. Multiple red horizontal Supply Roofs are stacked overhead. The structure shows higher lows since the ATL, which is constructive. Key Levels (Shavyfxhub Style) Supply Roof / Resistance: 66.44 → Nearest Supply 69.30 → Intermediate Supply Roof 72.71 → Higher major Supply Roof Demand Floor / Support: 64.37 – 62.60 → Key Demand zone (current area) Rising green trendline (dynamic demand from the ATL) Lower support remains the ATL area Current Bias Bullish, as long as price holds above the rising green trendline and the 62.60–64.37 Demand zone. Price is currently sitting at a critical support confluence after the recovery from the ATL. Holding this area keeps the bullish structure intact. Scenarios Bullish continuation: Hold above 64.37 / rising trendline Break and close above 66.44 Opens the path toward 69.30 and potentially 72.71 Corrective pullback: Break below the 62.60–64.37 Demand zone and rising trendline Would open a deeper retest toward the ATL area Summary (Shavyfxhub View) Structure = Recovery from ATL with rising trendline support Immediate focus = Reaction at the 64.37 – 62.60 Demand zone Critical resistance = 66.44 → 69.30 → 72.71 Critical support = Rising trendline + 62.60–64.37 Silver remains in a constructive bullish recovery structure. Holding the current Demand zone keeps the door open for a push toward the higher Supply Roofs.