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Silver / U.S. Dollar
Long

XAGUSD "Silver" Set Up to Resume the Advance

By Veejahbee
Silver seems to be completed a 5-3 (impulse & correction) wave cycle. The corrective wave which unfolded as a w-x-y double zigzag pattern and bottomed at a confluence level that consists of 50% Fib retracement of the impulse + support zone has the potential to send Silver higher above the previous high.

Check my full Silver Elliot Wave analysis here:

Will Silver Reach $22 Per Ounce?
Chart PatternselliottwaveprojectionelliotwaveanalysisSilversilveranalysissilverlongTrend AnalysisWave AnalysisXAG USD ( Silver / US Dollar)xagusdlong
Veejahbee
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