XAGUSD is showing strong bearish momentum after breaking below the key support zone around 55.40–55.70. Price is currently consolidating near 53.90, and a short-term pullback toward the descending trendline could provide a potential selling opportunity. If bearish pressure continues, the next downside target is 51.40.
XAGUSD Bearish Continuation – Target 51.40
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October 24, 2026
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