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NeeravYadav
Feb 16, 2017 12:41 PM

Silver to head higher (Elliott Wave Analysis) Long

SILVER / U.S. DOLLARICE

Description

In this article I'm forecasting the price movement of Silver using the Elliott Wave Principles.
As of now it seems that Silver is either in Wave C or Wave 3 after completing a double Zig Zag correction.

At this point both the main count as well as the alternate count point in the same direction and that is Silver should give atleast one leg up.

You can see the Main count in Blue and the Alternate count in Grey colour.
The possible upside targets for Silver are :
T1 : 20300
T2 : 23000
T3 : 27650


I will further update if any change is required.
Comments
duane1618
Nice Chart, your Elliott Wave count is excellent.
NeeravYadav
@duane1618, thank you for the comment duane.
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