On the 4-hour chart, XAG/USD is currently reacting precisely along an upward trendline that has been guiding the overall bullish trend since early February.

If the price can sustain a rebound from this level, it may first test the 90 area, followed by a potential retest of the 96 supply zone. This level remains a key liquidity target and major resistance.

However, other possibilities should not be ignored. If the price fails to hold the trendline and decisively breaks below 82, we could see further liquidity inflow into the premium demand zone around 72-74, before any substantial upward movement occurs.

This move could eliminate some weak investors before the next expansion.

A strong bullish engulfing pattern or a break above 88 will confirm the resumption of upward momentum.
$XAU $XAG