Silver has put in a potential 5 wave impulse, followed by a corrective move into support.
If this support holds, there is a high probability price moves into an upper zone of structural resistance.
Price will likely consolidate in this zone, or be rejected. If price can move beyond this zone, a retest of the ATH is likely.
If this support holds, there is a high probability price moves into an upper zone of structural resistance.
Price will likely consolidate in this zone, or be rejected. If price can move beyond this zone, a retest of the ATH is likely.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.