XAG/USD Strategic Outlook: Bearish Momentum Accelerates Towards Key Support

Silver (XAG/USD) faces intensified bearish pressure after breaking below <strong>$60.00 support</strong>, hitting a <strong>weekly low of $55.38</strong>. Technicals indicate further downside, with RSI nearing oversold. Fundamental headwinds from a strong dollar, rising real yields, and industrial demand concerns are exacerbating the sell-off. Strategic shorts are favored, targeting <strong>$55.00</strong>, with strict risk management.