Silver XAG/USD - Breakout + Retest Signals Upside Continuation
📝 Description🔍 Setup (Market Structure) FX:XAGUSD
XAG/USD is forming a well-defined Triangle Breakout pattern on the M30 timeframe.
After a strong bullish move, price consolidated with lower highs and higher lows, compressing volatility — a classic sign of an upcoming expansion.
Price has now broken above the triangle resistance and is showing a healthy breakout & retest, supported by EMA and holding above the structure.
This favors a bullish continuation scenario.
📍 Support & Resistance
🟨 Support Zone: 104.70 – 106.00
🟢 1st Resistance: 123.90
🟢 2nd Resistance: 130.00 – 130.20
⚠️ Disclaimer
This analysis is for educational purposes only.
Commodities are volatile — always use proper risk management and position sizing.
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💬 Comment: Clean breakout or fake move?🔁 Share with traders watching XAG/USD
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