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This Asian session XAGUSD is just range-bound chop. SMA 50 is holding around 69.54, which is good. But the price is sitting below the 20 SMA. Feels like another liquidity grab attempt before it goes nowhere. Waiting for the Dollar Index to make a move.
Actually, the news about central banks stacking gold might be the only thing keeping silver from dumping harder. But the geopolitical easing hints for the Dow? That usually means money moving out of safe havens like gold and silver. So we're stuck in limbo.
