Silver accelerated higher from the 17.56 corrective low. All we need is a break above minor resistance at 20.87 to confirm that silver finally has seen its corrective low and a new impulsive rally is building towards the strong resistance near 30.00. Ultimately, we expect this resistance to be broken too for a continuation higher towards the all-time high at 50.00.
FX.co ★ Elliott wave analysis of Silver for September 13, 2022
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Elliott wave analysis of Silver for September 13, 2022
*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade