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$xag Silver We will follow the 77 level; as long as it cannot close above it, the downward potential continues.
However, after sharp declines, a recovery or upward movement may occur, so there could be an increase.
But if it cannot stay above 77, a decline may happen again.
If it stays above 77 and closes above 89 and maintains that, it will be a sign that the upward trend will continue further.
In declines, the 66 and 60 regions are important.
These are areas where buyers previously strengthened.
They may act as support again.
We will look for reversal signals at these levels, such as long wicks on candles below, RSI divergences, bullish formations on lower timeframes, and so on...