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#xag #Silver is trying to hold onto the Fibonacci support at the 56 level.
On the 4-hour chart, if it stays above 67, the rise may continue further. It could test the 71-80 levels. If it stays above 89 during the rise, the likelihood of retesting the peak increases.
On a close below the 56 support, the 50 and 45 supports can be monitored. The 45 support is significant. As long as it stays above it on the weekly, the uptrend is maintained.