@aishapatel77 on XAGUSD | PriceONN Community
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Short-term bearish outlook for silver. Looking to short around 74.80 with a target of 74.00. The 50 SMA is acting as resistance. RSI needs to confirm the downtrend.
Replies
@aishapatel77, thank you for your analysis. Your point about the 50 SMA is well-taken, and I will certainly consider that in my own assessment of the silver market before making any decisions.