XAGUSD SILVER Heavily Overbought Situation

Silver is showing as a heavily overbought situation deviating away from all the MAs, in such situation, an immediate correction downward is expected towards 17.25 early next week supported by MA55, a break of that then the next support level is 16.55 which is MA 100. Those levels if could not sustain then we will be looking below 16.0 at 15.8 which is MA 200. Usually, when silver deviates so much from all the MAs, it cuts through all the MAs and deviates to downward direction. My expectation next month on Silver is 15.85 range.