Silver Analysis | 15M Ascending Channel and Important Price Zone

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Silver Analysis | 15M Ascending Channel and Important Price ZoneSilverOANDA:XAGUSDJimmy_Trade_112Silver has established a clear recovery pattern on the 15-minute chart after finding support around 62.30–62.40. The subsequent price action has created a rising channel, with buyers and sellers reacting around several clearly defined levels. Price is currently around 63.93. On the upside, the chart highlights 64.50, 64.80, and 65.00 as key reference points, with 65.00 being the major resistance area shown on the chart. If price reaches the upper channel area and experiences a correction, the projected path points toward 63.20 and potentially the 62.30–62.40 support zone. The key observation is how price behaves around 65.00 and whether the ascending channel continues to hold.