XAGUSD H1: Sellers Still Cannot Break Support

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XAGUSD H1: Sellers Still Cannot Break SupportSilverOANDA:XAGUSDardian_JoeAfter several tests of the key support zone around 56.7–57.0, XAGUSD has repeatedly attracted strong buying interest, showing that buyers are still defending this area effectively. Each pullback toward support has been quickly absorbed, allowing price to form higher lows and maintain its short-term recovery structure. What stands out is that selling pressure has weakened considerably, as the latest declines have failed to create a new low. Meanwhile, buyers continue to push price back toward the upper trading range, opening the door for another bullish move if demand remains strong. In the short term, I favor the scenario where XAGUSD continues to hold above the current support zone and extends its recovery toward the 59.20 resistance area. The bullish outlook will only be invalidated if price breaks and closes below the 56.7–57.0 support zone. This is only my personal view based on technical analysis. Wishing you successful trading!