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$xag #Silver pink box 77-80 resistance zone is moving slightly above, but if it cannot close above 83.056, a decline may still occur.
If there are bearish candles and RSI divergence in this area, a downward Libra formation will be activated.
In the decline, the 72 bottom is important; if it stays below, the decline could continue further. If it closes below 70, the Fibonacci supports are in the 69-65 region. Buyers may come in around these levels. When it holds, the possibility of a rebound increases.
If a close above the 83.056 peak occurs, the rise could continue up to the 96-101 region. In this zone, it will be decided whether the upward movement is a correction or the continuation of the rise.
If daily stability is maintained above the 96-101 region, a new attempt to reach the peak may occur. If rejected from the 96-101 zone, a decline could happen.
In deep declines, we will follow the daily 60 bottom; its protection maintains the possibility of a rise.