On the H4 chart of XAGUSD the market has entered a clear bearish channel. After a rally to the 62.7 region, the last six candles have produced lower highs and lower lows, with the most recent bar closing at 59.93, well under the 60.46 support that held the previous swing. Volume has been mixed; the down‑move from 61.64 to 59.95 was accompanied by strong trading activity, while the final candle showed a sharp drop in volume, indicating fading buying pressure and confirming the break of support. Momentum indicators are also turning negative, and the price is now trading below the…

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