FX.co ★ Elliott wave analysis of Silver for November 1, 2021

Silver should see a temporary set-back to support at 22.73 to complete the right should of a S/H/S bottom. Once this right should bottoms near 22.73, we should see a strong rally back to the neck-line resistance at 24.87 and above here will confirm that silver has seen a long-term bottom for the next rally to 30.00 and ultimately higher to the all-time high at 50 and likely above too, but for now we will be looking for the corrective dip to 22.73 and then higher again.