$xag As silver Libra approaches the reversal zone, buyers have arrived and the upward move continues. However, it is currently inside a resistance zone.


As long as it cannot close above the 78,893 peak, the possibility of a decline remains.
During a decline, there is still a chance of a Libra formation in the short term. The formation’s reversal zone is the 73,658-72,838 range. If this level works as support, it will target the 76-77 area again. Stop: An hourly close below 71,765.
If the decline continues and it remains below the 70,783 bottom, we will track the supports at the 66 and 60 levels.
This is also a zone where buyers previously showed up. It may act as support again.
XAG0.56%
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