XAGUSDN D1 Analysis

XAGUSD Silver vs US Dollar
XAGUSDN D1 Analysis

Price is currently moving under a strong descending trendline, showing clear bearish pressure. Market also got rejected from a key resistance zone and is now consolidating.


πŸ”» Bias: Bearish

πŸ“‰ Structure: Lower highs + trendline resistance

πŸ“ Key Resistance: Trendline + horizontal zone

πŸ“ Key Support: Recent low area below current price


Outlook:

If price stays below the trendline, a breakdown is likely, targeting the next support zone.

Only a strong breakout above trendline would shift momentum bullish.

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