Silver Update. Reversal Targets 23.10

The price finally confirmed the reversal breaking above the resistance.
We got small correction on lower time frame (wave b).
The yellow zigzag shows the anticipated path.
Now the metal aims at 18.28-19.98 according to Fibonacci projections.
Then we should see the larger correction.
And then another leg upside, probably the final before the huge drop down.
Utlimate target where the large Y = large W = 23.10

Nota

Nota

Daily chart clone based update - very interesting findings there.

Nota

Triangle on 1H

Nota

Don't buy right now. Wait.

Nota

Updated count. Watch closely. Reversal is soon

Nota

Sharp move above 17.59 would make me think long

Nota

Detailed clone chart with subwaves and time lines added

Nota

too fast, too furious )) could be a running flat not an impulse up

Nota

Larger degree labels added and fit very well with the trend and yellow abc labels

Nota

15min zoom for setup

Nota

Daily chart. Same as 1wk ago. Added some details

Nota

4H Chart. Wait for breakout. Price is still in the trend. I think it shows consolidation and we can see another drop before any attempt higher.

aibek

Pubblicazioni correlate

Silver futures. Possible Ending Diagonal wave C. Reversal soon

di aibek

Declinazione di responsabilità

Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.