SILVER (XAGUSD) may fall to $55!!!

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SILVER (XAGUSD) may fall to $55!!!SilverOANDA:XAGUSDElimzoHonestly, the price action feels weak. After that recent drop, buyers just don’t show up the way they should. Right now the key level is $65. If that breaks, it opens the way to $55 pretty fast. That’s roughly a 20% move down, and honestly it doesn’t look unrealistic. Also, if you look at volume, selling days clearly have more weight than green days. That’s usually not a good sign. Feels like distribution rather than accumulation. Let’s see how it reacts around $65, but I wouldn’t expect a clean bounce here.