#xag #After closing above the 60 resistance, we had discussed that a pullback could occur.


Now it has arrived at the blue box area, which is the fib support region between the 60-58 levels. If it holds, a rise towards the 67 level could occur. If it stays above 67, the 71-80 resistances can be followed.
If it can stay above 89 during the uptrend, the chance of retesting the peak increases.
If it closes below the 56 support, then 50 and 45 supports can be followed. 45 support is important.
As long as it stays above the weekly, it means the uptrend is preserved.
XAG-1.58%
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