XAG/USD Silver Price Analysis: Bullish Continuation or Rejection📉 Current Price: 32.3715
📊 Key Levels:
Support Zone (~32.00 - 32.20): Price recently bounced from this level.
Resistance Zone (~33.20 - 33.50): A potential target for an upward move.
📈 Potential Scenario:
The chart suggests a bullish breakout after retesting the lower support zone.
If the price successfully retests and holds above 32.00, it could continue towards 33.50.
A break below 32.00 could invalidate this bullish move and lead to further downside.
🎯 Trading Outlook:
Bullish Bias above 32.00, aiming for 33.50.
Bearish Risk below 32.00, which could lead to further declines.
