$xag #Silver could not maintain the 74.433 level. The decline continues. The 71,987 level may act as support. If buyers come in, there could be a rebound from this level back toward the 79-81 range. A downward-facing Libra formation is forming in this area. It may act as resistance. If it cannot close above 83,056, a decline is expected from here.

If it cannot hold the 71,987 level during the decline, the next support is at 69. When it holds, the possibility of a rebound increases. If the rise continues up to the 96-101 range; a decision will be made whether it is a correction or the continuation of the rise. If daily stays above the 96-101 zone, a new attempt at the peak could occur. If rejected from the 96-101 zone, a decline may happen.
During the decline, we will follow the daily 60 bottom. Its protection maintains the possibility of a rise.
In case of a breakout, we will monitor the support levels at 56-54, 50.853, and 38.