Silver Update. Reversal Targets 23.10
Updated
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
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
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Daily chart clone based update - very interesting findings there.Comment
Triangle on 1HComment
Don't buy right now. Wait.Comment
Updated count. Watch closely. Reversal is soonComment
Sharp move above 17.59 would make me think longComment
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Detailed clone chart with subwaves and time lines addedComment
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too fast, too furious )) could be a running flat not an impulse upComment
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Larger degree labels added and fit very well with the trend and yellow abc labelsComment
15min zoom for setupComment
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Daily chart. Same as 1wk ago. Added some detailsComment
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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.Related publications
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