On the daily chart, XAGUSD is running in a descending channel, and short-term shorts are dominant. At present, attention can be paid to the resistance near 33.00. If the rebound is blocked, short selling can be considered. The support below is around 31.00.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.