00:00Is silver about to crash or continue its rally? Please watch the full video.
00:05Welcome back to another SMC-based analysis of XAGUSD on the one-hour time frame.
00:11Looking at the current price action, the overall trend remains bearish,
00:14as price has been consistently creating lower highs and lower lows.
00:18What we are seeing right now is a strong pullback into a major supply zone.
00:23It is important to note that this is not a bullish reversal yet, it's simply a retracement.
00:28Currently, price is reacting within the 75.80 to 76.30 supply area.
00:35This is a critical zone because it aligns with a previous break of structure and a rejection level.
00:40If the bears hold this area, we expect a continuation of the main trend.
00:45However, if price breaks above 76.50, our next targets would be the higher supply zones at 78.00
00:52and eventually the major high time frame supply at 82.00.
00:55On the downside, we have demand zones sitting at 72.50 and a stronger impulse origin between
01:0270.00 and 71.50.
01:05Our main entry will be in this order block zone.
01:07As price retraces here, we will begin building our positions.
01:12For this trade, our invalidation level will be just below the recent swing low.
01:16In other words, if price breaks this level, our current bias will change.
01:21Our final scenario or objective for this movement is to clear the liquidity zones mentioned above.
01:27We are looking for high probability setup so wait for a rejection candle or a lower time frame shift
01:32before jumping in.
01:34Carefully monitor the price action at these levels to ensure you are entering with maximum confluence
01:39You must remain patient and disciplined, as the market often tests your psychology before making
01:45a significant move.
01:47Always follow proper risk management.
01:49See you in the next video.
01:51Follow for more, the next analysis is coming very soon.
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