On the H1 chart of XAGUSD, the last eight candles have traced a clear bearish swing after a short‑lived rally to a high of 59.65. The candle that closed at 58.423 was accompanied by a modest volume spike (12.3k), suggesting that sellers absorbed the remaining buying pressure. Prior lows around 58.39 now sit beneath the most recent close, forming a new resistance level. Momentum indicators would likely be turning negative as the close is lower than the open in successive sessions, and the declining volume on the down moves reinforces the weakening of the uptrend. Given this structure, a break…

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