Signal XAGUSD Sell — H4 - July 7, 2026 12:17 GMT-4
Signal closed at take profit
On the H4 chart of XAGUSD, spot silver has been carving a clear downtrend since the early June swing high around 62.7. Each successive candle has produced lower highs and lower lows, with the most recent bar closing at 60.74, well below the prior swing low of 61.46. Volume has been mixed; the sharp rise in volume during the 62.7‑61.9 range supported the breakout, while the subsequent decline in volume as price fell to the 60.6‑60.8 zone signals waning buying interest. The 61.64‑61.86‑60.63‑60.74 bar confirms bearish pressure, and the nearest strong resistance sits near 61.5, while support lies around 60.5.…