#Silver by Abhi selling pressure is high, which is why it may remain down in the short term.
The dollar is getting stronger, and when the dollar is strong, silver usually goes down.
Due to high interest rates, investors are moving slightly away from precious metals.
A slowdown in industrial demand is also not supporting the price of silver.
Looking at the charts, strong support has been broken, which is a signal for further fall.
If the global economy continues to slow down, pressure on silver may increase.
Short term traders are booking profits, which also causes the price to go down.
Silver is a safe haven, but people are currently preferring gold more.
Until a clear reversal signal appears, the downtrend may continue.
Silver may be good for the long term, but the risk is high in the short term.