Last week, this pair was strongly bearish as speculated (see my analysis below). The bearish leg ended up in a daily demand FVG and as we can see, it reacted strongly.
Also marked on the chart are the multiple buy-side liquidity I expect the price to hunt.
In addition to this, I had posted my analysis on the dollar index which I expect a short-term bearish movement in the dollar after which the bullish run will continue long term.
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See below my previous XAGUSD (Silver) and US Dollar Index analysis.
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