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Weekly close wasn't too bad considering the overall bearish trend. Silver needs to decisively break above that 20 SMA on the daily to convince me. Otherwise, expecting further downside pressure. Key level to watch is 76.50, a break below and it's headed lower.
Update: also keeping an eye on the dollar index. Strength there will likely cap any potential silver rally. Conversely, dollar weakness could give XAGUSD the boost it needs to challenge the 78 level. Positioning my portfolio accordingly over the weekend.
