FX.co ★ lstanton | XAG/USD, SILVER

SILVER Sunday technical analysis of the pair on a 1-hour chart. Here the price at the level of 71.20 has tested the TF minimum and is starting to move back up from there. The price has started to work through a large red zone, a blue zone that is just beginning to form, which the price can use as a support level during an uptrend. The price may continue to rise, fully work through the blue zone, and correct upwards to test the double top level at 82.80.