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$xag #Silver Let's look at the weekly close.
It couldn't close above 83,056. The possibility of a decline still continues.
If in the decline, the 4-hour chart stays below the 72 bottom, the decline could continue further.
We will follow the supports in the 70 - 69 - 65 region.
69-65 are Fibonacci supports. Buyers may come in around these levels. When held, the possibility of a rebound increases.
If a close occurs above the 83,056 peak, the rise could continue up to 96. This area will determine whether the movement is a correction or a continuation of the rise.
If it stays above 96 on the daily chart, a new attempt at the peak could happen.
If it retests from the 96 peak, a decline may occur.
In deep declines, we will follow the daily 60 bottom; maintaining this support keeps the possibility of a rise alive.