FX.co ★ Elliott wave analysis of Silver for February 15, 2022

Silver is lacking and still needs to break above resistance at 24.70 and more importantly a break above resistance at 25.40 confirming a continuation higher towards the former peak at 30 and ultimately above here too for a rally towards the all-time high at 50.00.

Support is now seen at 22.87 that ideally will be able to protect the downside for the break above minor resistance at 24.70.