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XAGUSD

XAGUSD
XAGUSD
In silver prices, U.S. PMI data and the New Home Sales figure may be decisive for pricing today. Data that may come in above expectations could support the dollar remaining strong and increase selling pressure on precious metals. Macroeconomic data flow is expected to increase volatility throughout the day. Despite this, the continuation of the downward trend is expected in the technical outlook.
Support
56.11 – 55.07
Resistance
59.12 – 61.09

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