Silver Price Prediction: XAG/USD Vulnerable Below 38.2% Fibo Hurdle Near $28.50

In a recent analysis of the silver market, FXStreet highlights that the price of silver (XAG/USD) appears vulnerable as long as it remains below the 38.2% Fibonacci retracement level near $28.50. This technical indicator suggests that unless silver prices can break above this key resistance point, they may continue to face downward pressure. Investors are closely watching this level to gauge future price movements and potential buying opportunities.