MARKET UPDATE VIP: #XAG

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Silver continues to decline sharply after being rejected near 120 recently, with the current trading price around 81. A strong sell-off has clearly breached the support zone of 87-89, confirming a structural collapse rather than a healthy correction.

As long as silver remains below this previous support level, the downside risk remains high. The lack of a strong recovery indicates that sellers are still in control of the market, opening the door for continued pressure towards the 78-75 area if weakness persists.$XAG

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