XAGUSD is an intriguing chart. It certainly has some catching up to do with gold, with some huge potential gains if this count plays out.
First step would be completing a wave 3 in the 47.5-50 range (double top), correction towards 38-40, then a break up towards 70.
If this count continues to play out, I think the move towards 50 will be relatively quick, probably by January 2025.
First step would be completing a wave 3 in the 47.5-50 range (double top), correction towards 38-40, then a break up towards 70.
If this count continues to play out, I think the move towards 50 will be relatively quick, probably by January 2025.