$xag Silver is trying to hold in the 66 and 60 regions. As long as it keeps the 60 bottom intact, it may consolidate a bit in this area before a rally comes.


The 66-60 region is an area where buyers were previously strong. It can act as support again.
At these levels, we are looking for reversal signals—such as candles that leave long wicks on the downside, RSI divergences, and bullish formation patterns on lower timeframes. When reversal signals appear, a rally could follow.
In an upward move, we will track the 69 level; as long as it cannot close above it, the possibility of a decline remains. If it stays above 69, it will be a sign that the rally could continue further once the important peaks at 77-89 are closed above and it sustains there.
XAG-0.30%
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