Silver price is poised for a bullish move on the 4H timeframe, following the Elliott Wave 1-2-3-4-5 pattern. After completing the 4th wave with a 50% retracement, it’s now positioned within a bullish flag pattern. The setup suggests an impending bullish impulse move, confirming the continuation of the uptrend.
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XAGUSD: Bottom is Ready for Long.
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XAGUSD is approaching its 1st support at 15.036 where it could potentially bounce to its resistance at 1st resistance at 15.545.
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