On the four-hour chart, the price is moving within a long-term uptrend, holding at 46.98 amid conflicting signals: in the range of 44.41–46.72, one can identify the formation of the Three Advancing White Soldiers and Rising Three Methods patterns, which indicate intensive purchases and warn of a continuation of the upward trend; however, in the area of the key resistance level of 47.57, the formation of the Bearish Engulfing and Hanging Man reversal patterns is observed, signaling the activation of the "bears" and a probable change in trend. 

Growth is possible.

On the daily chart, the upward third wave of the highest level (3) and the wave 3 of (3) develop. Now, the third wave of the lowest level iii of 3 and the wave (iii) of iii are forming. If the assumption is correct, the XAG/USD pair will grow to the area of 50.00–53.00. In this scenario, the critical stop loss level is 43.50.

Precious metal prices continue their upward trend in the area of 44.00.