$xag Silver has recovered from the Fibonacci 0.786 support level at the 66 region of the last upward wave, but it couldn't surpass 70.

In the evening, tensions between Iran and the US increased, and it stayed below the 66 level.
Now we have entered the 66 and 60 regions. It may linger in this area a little.
This is a zone where buyers previously strengthened. It could act as support again.
We will look for reversal signals at these levels, such as candles with long wicks below, RSI divergences, or bullish formation on lower timeframes.
When reversal signals appear, a rally could occur again.
In the upward trend, we will monitor the 69 level; as long as it cannot close above it, the decline risk continues.
If it stays above 69, the important peaks at 77-89 will be significant; if it closes above them and maintains, it will be a sign that the upward movement will continue further.