On the XAGUSD H1 chart the market has transitioned from a brief rally near 59.65 down to a tight range around 58.1‑58.8. The last 30 candles show a lower‑high, lower‑low pattern, with the most recent high at 58.80 and a low near 57.96, indicating a weakening bullish attempt and a re‑established bearish bias. Volume spikes of 16‑20k during the sharp declines around 58.1‑58.2 confirm strong selling pressure, while the recent upticks have been supported by modest 5‑7k volume, suggesting limited buying conviction. The lack of volume‑driven breakthroughs above the 58.8‑59.0 resistance reinforces the downside outlook. Given the price’s inability to…

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