In adaptation with Gold, Silver may be completing an impulsive wave (a) of a three-waves correction up as an ongoing wave ii of circle degree. And weakness in corrective wave (b) will be ahead.

Fibonacci targeting :

An expected target for extreme of the overall corrective sequence, could be around the Fibonacci 0.618 retracement level at 17.28 .

Note : According to Elliott Wave Principle, “A leading diagonal in the wave one position is typically followed by a deep retracement.”

Silver - Daily-2Silver - Intraday 600-1

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