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$XAG Keep a bearish view. I think this rebound might only be a liquidity trap.
Following the trend, the entry area to watch is the range from 56.17 to 57.12. If it moves lower, watch 54.21 and even 52.26; set support near 58.83. Also, $SOXL is looking at a downside scenario.
But watch the risks: on the 15-minute timeframe, the RSI shows divergence. In the short term, it may squeeze upward and break above 56.30. Don’t go all-in with a single trade—control your position size based on your own account.