aibek
Long

Silver. Possible demand area @ 15.50-15.75

FX:XAGUSD   Silver / U.S. Dollar
1) EW analysis shows that C= 1.618 * A = 15.75 = 0.5 Fib of whole move up. We are possibly in the last 5th wave down.
2) Trendline support at 15.50

These are potential areas of demand.
Comment: Amazing! Tick to the tick reverse from 0.5 Fib @ 15.799
Spot on as I see it.
Reply
aibek nahidik
Hi, we are close but not yet confirmed. Falling knives hurt ;-)
Thanks for comment!
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