Silver / U.S. Dollar
Long

XAGUSD, Elliott wave analysis

152
Outlook of XAGUSD on 1D chart.
We are probably in sub-wave (Y) of waveⅱ.
If the assumption of this scenario is correct, The lower degree of sub-wave (Y) might form Triangle pattern.
I think the corrective wave will continue for a while.

◆ Another scenario, Jan 27, 2024.
XAGUSD, Elliott wave analysis

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.