Signal XAGUSD Sell — H1 - July 15, 2026 10:10 GMT-4
The H1 chart of XAGUSD (spot silver) reveals a clear downtrend forming since the July 13 session, with price consolidating near critical support at 58.20-58.25. Recent candles show declining closes, breaking below key pivots and failing to sustain bullish momentum. The volume spike at 59.072 (1784048400) indicates strong resistance rejection, followed by a sharp decline with lower volume, suggesting weakening buyers. The current consolidation near 58.20-58.23 aligns with a potential reversal setup, as price struggles to hold above this level despite earlier bullish attempts. The recent low at 57.96 (1784098800) and subsequent pullback to 58.20 imply a bearish bias, with…