Silver seems to be completed a 5-3 (impulse & correction) wave cycle. The corrective wave which unfolded as a w-x-y double zigzag pattern and bottomed at a confluence level that consists of 50% Fib retracement of the impulse + support zone has the potential to send Silver higher above the previous high.
Check my full Silver Elliot Wave analysis here:
Check my full Silver Elliot Wave analysis here:
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.