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Silver Eyes $23

Published 03/25/2022, 08:54 AM
Updated 07/09/2023, 06:31 AM

Silver came down from $27.00 after the completion of five waves up. The white metal also broke the trendline support, which suggests that prices are in a higher degree corrective retracement.

We are tracking an A)-B)-C) drop that may resume to $23.80 after the current B) wave that is now at resistance. The broken neckline of an H&S pattern can also be another bearish signal.Silver Elliott Wave analysis chart.

Latest comments

or if you drew the more horizontal line for support then you have a bull flag coming off support for a possible run back up
please help me
Specify what help you seek
please help me
bearish on $OIL would make a lot more sense
Very good that there are analysts who are still bearish on silver, a nice contrary indicator.
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