supplydeficit
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$XAG
📊 SILVER (XAG/USD) CURRENT: $72.01 per ounce (down 5.41%)
🔍 WHAT'S HAPPENING (MARCH 20):
Silver crashed to $71.23 — breaking below key support levels.
Technical breakdown: Silver broke below a head-and-shoulders pattern, targeting $66 next . Futures show contango — no urgency to buy .
Industrial demand weakening: Silver-solar correlation Z-score dropped from +2.0 to -1.18 .
💡 MY TAKE:
$71 support must hold. If it breaks, next stop $66-$68. But 6th year of supply deficit means any dip is temporary. Long-term bullish.
👉 Click $XAG to check live price and place your trade!
👉 Please like and follow me Thank You ❤️
#Silver #XAGUSD #SilverSqueeze #SupplyDeficit
📊 SILVER (XAG/USD) CURRENT: $72.01 per ounce (down 5.41%)
🔍 WHAT'S HAPPENING (MARCH 20):
Silver crashed to $71.23 — breaking below key support levels.
Technical breakdown: Silver broke below a head-and-shoulders pattern, targeting $66 next . Futures show contango — no urgency to buy .
Industrial demand weakening: Silver-solar correlation Z-score dropped from +2.0 to -1.18 .
💡 MY TAKE:
$71 support must hold. If it breaks, next stop $66-$68. But 6th year of supply deficit means any dip is temporary. Long-term bullish.
👉 Click $XAG to check live price and place your trade!
👉 Please like and follow me Thank You ❤️
#Silver #XAGUSD #SilverSqueeze #SupplyDeficit
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