$xag #Silver, as we expected, the pink box has reached the 77-80 resistance zone. We will monitor it closely. If bearish candles and RSI divergence also appear, it will mean rejection. A downward Libra formation will become active.

The invalidation condition is a close above the 83,056 peak.
If, during the decline, it holds below 70, the Fibonacci support is the 69-65 zone. Buyers may come in around these levels. If it holds, the possibility of a renewed rise will appear. If the rise continues up to the 96-101 zone, a decision will be made whether it is a correction or the continuation of the upward move. If it maintains daily closes above the 96-101 zone, another attempt at the previous high may come. If it is rejected from the 96-101 zone, a drop could happen.
For now, we are tracking the 72 bottom—if it is protected, the upward potential is still there.
In deeper declines, we will track the 60 bottom on the daily chart; if it is protected, the upward potential remains.