Predicting XAGUSD's path to 55 by month-end

Watching $XAGUSD's current price action around 56.915 after today's dip. The daily range has been quite volatile (56.729–57.887). My current read puts the probability of silver hitting 55 by month-end at roughly 60%.

The reasoning is primarily macro: the recent strengthening of the dollar on rate hike expectations, coupled with some broader profit-taking in commodities, suggests downward pressure could persist. While we've seen bounces, the underlying technicals show a loss of momentum from previous highs. If the dollar continues its current trajectory, or if we get any more hawkish rhetoric from central banks, that 55 level becomes very plausible. Conversely, a significant geopolitical event or a sudden shift in the dollar's strength could invalidate this, but the trend seems to be favouring the downside for now.