The silver price resumes its positive trading, moving away from the 23.00 level, to support expectations of a continuation of the upward trend for the rest of the day, and the way is open to achieving our next main target at 24.14, breaching which represents the key to rushing towards 25.02 in the near term, recalling the importance of stability above 23.00 to...
XAG/USD (SILVER) is going up-side for a short-term recovery for wave b of the 5th wave as an ending diagonal (wedge pattern) on the 2nd wave. If the scenario is right we can go around $23 then we will go below the recent low of $21.79 ( if the 5th wave doesn't truncate). Wave be must probably go as a zigzag (5-3-5) patter but it is not necessary it can make a...
XAG/USD (SILVER) will push lower to make a new low below $22.6 and after that, it can push a little bit higher, but not above $23.7. Then it will go for one deep correction as a continuation of wave (2). In the alternative scenario (marked by red alpha numerals), we have already finished wave (2) @ $21.4. So right now, it's running expanded flat, and will soon...