$xag #Silver we are monitoring the 77.763 level; as long as it holds, the upside potential continues.

If a 4-hour close comes in below, the decline will deepen even further.
On the downside, the 69 level is a level that may work as support. When it holds, a renewed rise could come. A rise may continue up to the Tobo target level of 86. When the target is reached, profit-taking will occur.
If the rise continues up to the 96 level; a decision will be made whether it will be a correction or whether the rise will continue. If daily chart consolidation above 96 is maintained, another attempt at the peak could come.
If it cannot maintain consolidation above 96, another pullback could occur again.
On the daily chart, if the 60 bottom is broken, we will follow the support levels at the 56-54 zone, 50,853, and the 38 level.