XAG/USD Price Forecast: Defends bearish flag support near mid-$59.00s
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The price of silver, as measured by xag/usd, is holding near support levels in the mid-$59.00s, maintaining a bearish flag pattern. Meanwhile, japan's trade balance has decreased significantly. The us dollar is also experiencing movement, with the usd/jpy rate approaching 148.00, potentially influenced by anticipation of us inflation data.