2026-02-03 04:12:37

XAGUSD – D1

The previous main trend was strongly bullish, but currently the price has formed a strong bearish candle from the distribution zone 115–120, indicating significant profit-taking pressure → short- to medium-term reversal.

The price is currently undergoing a technical rebound around 83–85, which is a weak retracement zone after the crash.

Main scenario (priority): SELL on rebound
• SELL Entry: 85 – 88
• SL: 92
• TP1: 78
• TP2: 72
• TP3: 66 (D1 support zone / long-term MA)

Alternative scenario:
If D1 closes above 92, the downtrend will be broken → cancel SELL, wait for a new structure.
#XAG

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