XAG/USD 4H Weekly Analysis: Silver Aiming for $35.59?

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Key Observations:

๐Ÿ“ Current Price: $33.724 ๐Ÿ“‰ (-0.07%)
๐ŸŸข Support Zones:

H4 Support: ๐Ÿ“Œ $33.000 ๐Ÿ”ต

Major Support: ๐Ÿ“Œ $31.000 ๐Ÿ”ต (Highlighted with ๐Ÿ”ฅโšก and news icons ๐Ÿ“Š๐Ÿ“…)
๐Ÿ”ด Resistance Levels:

$34.000 Resistance ๐Ÿ›‘

Target: ๐ŸŽฏ $35.591 ๐Ÿ“ˆ


๐Ÿ“ˆ Expected Price Movement:

โœ… Bullish Scenario:

The price bounces off the support and pushes past $34.000 ๐Ÿš€

A move towards $35.59 target ๐Ÿ“Š๐Ÿ’ฐ


โš ๏ธ Bearish Scenario:

If price fails to break $34.000, it may drop back to $33.000 or even $31.000 โฌ‡๏ธ๐Ÿ›‘

Economic events (๐Ÿ“…๐Ÿ“‰) may cause high volatility


๐ŸŽฏ Final Thought:

Likely bullish movement toward $35.59 if support holds ๐Ÿ’น๐Ÿ“ˆ

Watch for price action at $34.000 โ€“ key level for breakout ๐Ÿ”โšก

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