"Silver is on the brink of entering a bearish wave!"
On the daily timeframe, silver, after completing five upward waves, is likely to enter an ABC corrective phase. Only if the resistance levels of 32.500 and 33.700 are maintained, we can expect silver to move towards wave C, with a target around 28.000.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.