#xag #Silver closed above the 60 resistance. A pullback from the current area may occur.


In the pullback, the blue box region at the 60–58 level is the Fibonacci support. If it holds, there may be an upward move toward the 67 level.
If it stays above 67, the 71–80 resistances can be tracked. If it can remain above 89 during the rise, the likelihood of retesting the peak increases.
If it closes below the 56 support, the 50 and 45 supports can be followed. The 45 support is important. As long as it stays above it on the weekly timeframe, it means the uptrend is preserved.
XAG-1.06%
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