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Silver (XAG) Forecast: Silver Trades Below 50-Day MA, Eyes 200-Day MA Support
FX Empire· 2026-02-18 12:57
Traders Are Hunting for Value, Not Chasing OffersMy charts suggest that traders are no longer chasing silver, or hitting offers. Like gold, they are hunting for value. Having rejected the 50-day moving average as value, traders are now rotating their focus to the 200-day moving average. My conclusion is that silver could be in a prolonged “digestion” period, where it needs to work off the excess caused by the parabolic, “too much, too fast” rally in January.April 10 Is When the Technical Picture Finally Ref ...