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Silver seems to be consolidating. Next week, I expect it to test the 78 level. If it breaks, then we might see a move towards 78.50. Keep an eye on the dollar index; it will likely influence XAGUSD's direction. RSI is neutral, so it could go either way.
Update: Also, a gap opening on Monday is possible, given the current uncertainty in the market. I'll be watching closely at the open. If it gaps up, I might consider selling near R1. If it gaps down below 77, probably wait for a retest before shorting.
