$XAG #Silver : How will the week close?
Last day of trading on CME and COMEX
The price failed to break Monday's high and didn't even fill the gap above.
The Asian session closed with a flat formation, so I expect a possible attack higher as a stop-loss hunt.
The funding rate is positive - sentiment favors price growth.
However, the weekly chart indicates a high probability of a downside move.
The target zone is around the order block at 67-64.
Even if there isn't a deceptive move up to 79-82, the projection for the second leg of the decline points to 65.