On the XAGUSD M5 chart the market has been carving a descending channel from the 70‑71 zone down to the 64‑65 band. The last three candles (64.47‑64.55) closed higher on solid volume (≈600‑1,200 contracts), confirming a bounce off the 64.30‑64.40 support that held since the 2026‑06‑18 low. Momentum indicators are turning positive: each bar shows a tighter range and the close is above the open, while the declining volume spike at 64.55 suggests sellers are losing steam. A break above the 64.80‑64.90 ceiling would likely trigger a short‑term rally toward the 65.20‑65.30 resistance, aligning with the TP near 66.3. The…

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