$XAG Short Liquidation $51.473K at $75.5
Big squeeze on silver. More than $51K in shorts got wiped at 75.5, and that kind of forced buying can push price up fast. When traders are caught on the wrong side, their exits add fuel to the move.
If XAG stays above 75.5 and starts printing higher lows, the upside can continue toward the next resistance. Clean bullish candles with strong volume would show real strength behind the move.
But if price drops back under 74.8 quickly, this may just be a liquidity grab before a pullback.
Momentum is leaning bullish for now, but smart traders wait for confirmation instead of chasing the spike.
#xag $XAG