#xag #We had said that silver buyers were not strong, and the decline continued. If on the weekly chart it also stays below the 56 level, the drop will continue even further.

If today buyers strengthen, and we see candles leaving long wicks at the bottom and an RSI divergence, along with reversal signals that will form on lower timeframes, then the probability of an upside move strengthens.
For a rise, we need to see higher highs. The first level that must be broken is the one that comes with staying above 63. When it breaks the 63 resistance, it may rise toward the 67 level. If it holds above 67, then the 71–80 resistances can be watched.
Unfortunately, there was a close below 56 on the daily chart; a further drop toward the 50 and 45 supports could follow.
The 45 support is important. As long as it remains above it on the weekly chart, the uptrend is considered preserved.