#xag #Silver Despite the decline experienced overnight, it continues to hold at the 69,615 support level. There is still a possibility of an upward move.

If it breaks the 77,648 peak, we will follow the target of the Tobo formation. The formation's target is 86 level. If the rise continues up to 96 level, a decision will be made whether it is a correction or a continuation.
If stability is maintained above 96 on the daily chart, a new attempt to reach the peak may occur.
If it cannot stay above 96, a retracement may happen again.
On the daily chart, the 60 bottom will be important; if broken, we will monitor the support levels at 56-54, 50,853, and 38.