The analysis for Silver (XAGUSD) on January 14, 2026, presents a bullish market trend across H4, Daily, and H1 timeframes. The current price is noted at 91.5, with an all-time high (ATH) recorded at 92.2. Resistance zones are identified at R1: 91.40-91.70, R2: 92.20-92.50, and R3: 93.30-94.00, representing profit-booking areas and weekly projection extensions. Support zones are detailed at S1: 89.80-89.40, S2: 88.60-88.10, and S3: 87.70-87.20, which includes the daily swing low and institutional demand. Macroeconomic factors supporting the bullish outlook include a bearish DXY pullback, negative Core CPI leading to increased rate-cut expectations, positive retail sales indicating growth without inflation, and US-Venezuela war tension contributing to safe-haven demand. The primary bullish case suggests buying on dips above 87.70, with a projected extension beyond 93 if the ATH is broken. A bearish scenario is only deemed valid if the H4 closes below 87.70. A swing trade setup recommends a buy limit entry between 89.80 and 89.40, with a stop loss at 87.90. Take profit targets are specified at TP1: 91.00, TP2: 91.70, TP3: 92.20 (ATH), TP4: 92.90, and TP5: 93.80, with a risk management guideline of 40% buy volume.