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Silver's reacting to dollar strength, as usual. Keep an eye on the DXY; any significant movement there will likely be reflected in XAGUSD. Also, the 200-day SMA is still looming above, so that's a key level to watch for potential resistance.
Update: the current price action suggests we might see a test of the lower Bollinger Band around 80.80. If it breaks that, look out below! I'm also checking the gold/silver ratio; it's been relatively stable, but a shift there could signal a bigger move in either XAU or XAG.
