📈 Silver’s Elliott Wave Setup: Zigzag Correction ⚡
Silver has been tracing a classic corrective pattern this month:
• 🪙 Feb 6 → Low at $64
• 🚀 Feb 11 → A‑wave rally in 5 sub‑waves to $86.13
• 🔄 Feb 17 → B‑wave retrace less than 61.8%, bottoming at $72
• 📊 Now → C‑wave unfolding, with potential to reach $95 (a 50% retracement of the prior move)
👉 Key Insight / Sell Signal: If silver confirms resistance near $95, that level could mark the end of the correction — setting up a strategic SELL opportunity with downside potential back toward the $60 zone.
Silver has been tracing a classic corrective pattern this month:
• 🪙 Feb 6 → Low at $64
• 🚀 Feb 11 → A‑wave rally in 5 sub‑waves to $86.13
• 🔄 Feb 17 → B‑wave retrace less than 61.8%, bottoming at $72
• 📊 Now → C‑wave unfolding, with potential to reach $95 (a 50% retracement of the prior move)
👉 Key Insight / Sell Signal: If silver confirms resistance near $95, that level could mark the end of the correction — setting up a strategic SELL opportunity with downside potential back toward the $60 zone.
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