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Silver Futures
Long

Silver - Near term projection

By beniyer
In my opinion I believe we have a wave 3 in progress and price is currently stuck in a channel. Any breakouts from this channel will culminate in the end of wave 3. The retest will perhaps be wave 4 and then wave 5 should start. A correction will then follow and a new 5 wave impulse should then develop.

Disclaimer: I currently hold long positions in Silver.
Wave Analysis
beniyer

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