XAGUSD | Major Demand Zone Retest Could Fuel a Bullish RecoverySilverOANDA:XAGUSDAurum_ForexXAGUSD (Silver) has reached a significant long-term demand zone after an extended decline within a bearish structure. Price is currently testing a region that has historically attracted buying interest, while also trading near the lower boundary of a broader descending channel. The recent selloff into support may represent a liquidity-driven move before a potential reversal. 🔍 Key Technical Factors ✅ Price reacting from a major daily demand zone ✅ Descending channel approaching its lower boundary ✅ Strong risk-to-reward location for bullish observation ✅ Potential trendline breakout if buyers regain momentum ✅ High-confluence area for a recovery scenario 🎯 Bullish Targets 🥇 Target 1: $70.00 🥈 Target 2: $87.00 🥉 Target 3: $96.00 ⚠️ Invalidation A sustained breakdown below the highlighted demand zone would weaken the bullish outlook and could open the door for further downside. This analysis is based on price action, market structure, and key support/resistance zones. Always apply proper risk management.