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$Xag Silver 70.783 continues to protect its bottom. When a 4-hour close occurs above 78.893, an upward movement toward 83 may happen.
The 83 level is the Fibonacci 0.618 level of the last downward wave. Here, a decision is made whether the decline continues or is complete. If it cannot surpass the 89,371 peak, there may be another decline. If a close occurs above it, and it maintains the last significant support, the upward attempt can continue toward 90. These levels will test the upper resistance levels with closes.
In the interim rally, if it cannot surpass above 90, there may be a decline again. Technically, the 66-60 range is a zone where buyers have previously entered. Buyers may strengthen again in this zone.