$xag #Silver The hammer broke upward, and during pullbacks, reaction buys came from the 73 level. As long as it stays above 70, the uptrend can continue. During the rise, the 77-80 zone is a tough resistance area where it may meet resistance and the bearish libra formation may become active.

If it cannot close above 83,056, a decline is expected from here.
If, during the decline, it stays below 70, the 69-65 zone is where the Fibonacci supports are. Buyers may come in at these levels. If it holds, the possibility of a rebound will arise.
If the rise continues up to the 96-101 zone, the decision will be made on whether it is a correction or the continuation of the uptrend. If daily timeframes manage to stay above the 96-101 zone, another attempt at the peak may come. If it gets rejected from the 96-101 zone, a decline may happen.
On the daily chart, we are tracking the 60 bottom; its support keeps the possibility of an upward move going. In the event of a breakdown, we will monitor the supports at the 56-54 zone, 50,853, and the 38 level.