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$xag #Silver continues its decline without turning into a pink box. The current level is at the Fibonacci 0.382 support level. If it holds at this support, a rise towards the 79-81 region may occur.
There is a possibility that this region will act as resistance. If it cannot close above 83.056, there may be another decline from here.
The first support in the decline is at 71.987. If it cannot hold, the next support is at 69. If it holds, a rebound may occur.
If the rise continues up to the 96 level; a decision will be made whether it is a correction or the continuation of the rise. If daily stability is maintained above 96, a new attempt at the peak may happen.
If it cannot stay above 96, a retracement may occur again.
On the daily chart, if the 60 bottom is broken, we will follow the supports at 56-54 region, 50.853, and the 38 levels.