Chart the Market (04/05/2026)
EN

Download App

  • Market Insights   >   Chart The Market

Chart the Market (04/05/2026)

Published: 4 May 2026,05:09

Published: 4 May 2026,05:09

Chart The Market

Tags:

Share on:
FacebookLinkedInTwitterShare

XAGUSD, H4:                                                               

Silver was previously trading within a clear bearish structure, characterized by a sequence of lower highs and lower lows. However, recent price action indicates a notable shift in momentum.

The metal has rebounded strongly and has now broken above its previous high near the $75.60 level. This development signals a potential structural reversal, suggesting that the prior bearish trend may be transitioning into a bullish phase.

From a technical perspective, sustaining price action above the $75.60 level will be critical to validate this bullish setup. Holding above this former resistance—now acting as support—would reinforce the shift in market structure and support further upside potential.

Conversely, a failure to maintain above this level could undermine the bullish outlook and indicate the move was a false breakout.

Resistance Levels: 77.40, 80.90

Support Levels: 74.10, 70.25

ETH  H4

Ethereum continues to trade within a well-defined uptrend channel, reflecting a sustained bullish market structure. The latest price action shows a breakout above a prior downtrend resistance line, further reinforcing the bullish bias and signaling strengthening upside momentum.

This breakout suggests that buyers are regaining control, potentially setting the stage for further gains in the near term.

Looking ahead, the key level to monitor is the psychological resistance at $2,400. A sustained move and hold above this level would serve as a strong bullish confirmation, indicating continued momentum and opening the path for further upside extension.

However, failure to maintain above this threshold could lead to short-term consolidation within the broader uptrend.

Resistance Levels: 2675.00, 3050.00

Support Levels: 2377.00, 2132.05

Start trading with an edge today

Trade forex, indices, metal, and more at industry-low spreads and lightning-fast execution.

  • Start trading with deposits as low as $50 on our standard accounts.
  • Get access to 24/7 support.
  • Access hundreds of instruments, free educational tools, and some of the best promotions around.
Join Now

Latest Posts

Fast And Easy Account Opening

Create account
  • 1

    Register

    Sign up for a PU Prime Live Account with our hassle-free process.

  • 2

    Fund

    Effortlessly fund your account with a wide range of channels and accepted currencies.

  • 3

    Start Trading

    Access hundreds of instruments under market-leading trading conditions.

Please note the Website is intended for individuals residing in jurisdictions where accessing the Website is permitted by law.

Please note that PU Prime and its affiliated entities are neither established nor operating in your home jurisdiction.

By clicking the "Acknowledge" button, you confirm that you are entering this website solely based on your initiative and not as a result of any specific marketing outreach. You wish to obtain information from this website which is provided on reverse solicitation in accordance with the laws of your home jurisdiction.

Thank You for Your Acknowledgement!

Ten en cuenta que el sitio web está destinado a personas que residen en jurisdicciones donde el acceso al sitio web está permitido por la ley.

Ten en cuenta que PU Prime y sus entidades afiliadas no están establecidas ni operan en tu jurisdicción de origen.

Al hacer clic en el botón "Aceptar", confirmas que estás ingresando a este sitio web por tu propia iniciativa y no como resultado de ningún esfuerzo de marketing específico. Deseas obtener información de este sitio web que se proporciona mediante solicitud inversa de acuerdo con las leyes de tu jurisdicción de origen.

Thank You for Your Acknowledgement!