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30 Jul 2025

βšͺ Silver (XAG/USD) Technical Outlook

Silver remains under pressure, hovering near $38.08, stuck in a tight consolidation just below key EMAs.
The 50-EMA ($38.35) and 100-EMA ($38.38) are both flattening, indicating a loss of bullish momentum.

πŸ” Technical Breakdown
πŸ“‰ Support Zones:

$37.91 – Trendline support (currently holding)

$37.60 – Next downside target

$37.23 – Major support if breakdown confirms

πŸ“ˆ Resistance Levels:

$38.30 – Key short-term resistance (must break to shift sentiment)

🧠 Gold Scalping Signals Commentary
Silver’s price action shows consolidation just above ascending trendline support β€” but buyers must hold $37.91 to avoid further pressure.
If $38.30 fails to break, the market likely continues sideways or rolls over toward deeper levels.

Until momentum or volume increases, this remains a range-trade environment β€” best approached with tight risk and quick exits.

🟑 Posted by GoldScalping Signals – We Chart More Than Gold.

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