Silver — Strong Bull Trend, but Is the Correction Really Over?SilverOANDA:XAGUSDMihai_IacobAfter the explosive rally to a new all-time high near the 84 zone, XAGUSD experienced a sharp correction, dropping nearly 15,000 pips — a natural reaction after such an extended move. Buyers eventually regained control just above the 70 zone, where the market established a solid floor. However, the first rebound produced a lower high, and the following high was also lower — which currently shapes what appears to be a potential descending triangle structure (still unconfirmed at this stage). ❓ Key Question: Is the Correction Finished? From a long-term perspective, there is no doubt about the dominant trend — Silver remains strongly bullish over the macro horizon. But the short-term issue remains: 👉 Has the correction already ended, or is there more downside risk ahead? Right now, the answer depends on two critical levels. ⚖️ Decision Levels to Watch 1️⃣ 74 Resistance Zone A clean breakout above 74 would ✔️ invalidate the current corrective structure ✔️ confirm bullish continuation ✔️ open the door toward further upside extensions 2️⃣ 70 Support Zone A breakdown below 70 would ⚠️ strengthen the descending-triangle scenario ⚠️ expose Silver to a deeper correction ➡️ potentially toward the 63 zone 📌 Trading Stance for Now Given today’s low-liquidity environment, the prudent approach is: 👉 wait for confirmation rather than forcing a position Price action around 70 and 74 will likely provide the next major directional clue. Until then — patience remains the best strategy. 🚀