On XAGUSD (spot silver) M5 timeframe, the recent price action reveals a bullish reversal following a prolonged consolidation phase. The last three candles show a low of 61.545, with subsequent closes at 61.572 and 61.599, forming a rising wedge pattern that suggests accumulation near key support. Volume spikes to 840 in the final candle prior to the signal, indicating strong buying pressure validating the breakout. The price has been consolidating between 61.545 and 61.623, with the recent close at 61.599 marking a critical level where buyers have re-entered aggressively. This setup aligns with a potential bullish breakout, as the price…

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