EWForecast

Silver: Correction Before Further Rally

Long
FX:XAGUSD   Silver / U.S. Dollar
3
Our Chart of the Day is Silver

Preferred view is that cycle from 22.17 high is over i.e. wave ( A ) and wave ( B ) bounce is in progress. Following a pull back in wave B (which can reach as low as 19.09 – 19.25) metal is expected to turn higher in wave C which can reach as high as 20.39 (50 fib) – 20.82 (61.8 fib)

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