$xag Silver has recovered from the Fibonacci 0.786 support level at the 66 region of the last upward wave. The rise towards 70 may continue.

We will receive a signal at the 77 level whether this recovery is a reaction to the decline or if the upward trend will continue.

As long as it cannot close above, the possibility of a decline remains. If it stays above 77 and closes above 89 and maintains that, it will be a sign that the upward movement will continue further.
In declines, the 66 and 60 regions are important. These are areas where buyers previously strengthened. They may serve as support again.
We will look for reversal signals at these levels. Such as long wicks on candles below, RSI divergences, or upward formation patterns on lower timeframes.