Signal XAGUSD Buy — M15 - July 17, 2026 02:05 GMT-4
On the XAGUSD M15 chart, silver has been carving lower lows from the 58‑level down to the mid‑55s, with the most recent candles showing a pull‑back to a low of 54.80 and a modest bullish candle at 55.21. Volume spiked on the bearish candle that broke below 55, indicating aggressive selling, but the subsequent candle displayed reduced volume, suggesting exhaustion of the down‑move. The price now sits near a historic demand zone between 55.5 and 55.7, which previously acted as resistance during the earlier rally. A bounce from this zone would be supported by the narrowing range and the diminishing…