$XAG is testing the $75–$76 demand zone again after rejecting from the $78–$79 intraday resistance.
Price is compressing inside the highlighted support area, with buyers attempting to defend the lower boundary. As long as silver holds above this zone, a short-term bounce back toward $77.5–$78 remains possible.
A clean breakdown below the demand zone would expose the $73–$72 region next and shift intraday momentum back to sellers.
Price is compressing inside the highlighted support area, with buyers attempting to defend the lower boundary. As long as silver holds above this zone, a short-term bounce back toward $77.5–$78 remains possible.
A clean breakdown below the demand zone would expose the $73–$72 region next and shift intraday momentum back to sellers.
