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Why XAG has a large trading volume: It has safe-haven attributes of precious metals, and trading is active in a risk-off environment. Today it saw a slight pullback, which may be related to its linkage with gold or to industrial demand.
Related event: Macro adjustments; its industrial-metals attribute makes it more volatile than gold.
Outlook: Choppy movement in the short term, with a slight bullish bias in the medium term (safe-haven + industrial demand). Watch macro data.
$XAG