The XAGUSD pair on H4 timeframe has been in a consolidation phase since mid-July, with price oscillating between key support at 55.833 and resistance near 58.631. Recent candles show a sharp decline from 58.631 to 55.833, followed by a bullish reversal at the lower end of the range. The close at 55.833 coincides with a notable volume spike of 33305, indicating strong buying pressure that has likely retested and confirmed the support level. This suggests a potential bullish setup as the price has found footing after a prolonged downtrend. The recent bullish candlestick pattern, combined with increased volume, signals a…

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