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XAGUSD Emerging Bearish Cross eyes the 1W MA200.

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Exactly 3 weeks ago (March 26, see chart below) we gave a Buy Signal on Silver (XAGUSD) that just hit our 81.000 Target:

XAGUSD Relief rally coming?


This time we are entering the Sell Zone of this Fibonacci Channel pattern as the 1D MA50 (blue trend-line) is about to cross below the 1D MA100 (green trend-line) forming the first such Bearish Cross since January 08 2025.

Expect a rejection within the 0.618 - 0.5 Fib Zone, targeting the 1W MA200 (orange trend-line) at $63.000.

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