Silver $XAG is currently consolidating within an ABC corrective pullback, forming a minor Wave 4 substructure. Price is holding above the key $100 96$ support zone, which remains critical for maintaining bullish structure. $XAG

XAGUSDT

Perp

117.71

+3.76%

As long as this support holds, the pullback looks corrective rather than a trend reversal. A completion of Wave 4 here would set up Wave 5 expansion, with $140 as the next major upside target, aligned with prior extension levels and momentum continuation.

Momentum reset phases like this often precede the strongest moves worth watching closely.