The price consolidated on the solid level of support. Within the outlined scenario, I consider it to be wave (iv) before the terminal (v) in [c] of W. In the chart below, I indicated that wave [c] ideally would need to reach 100% of [a] in length. It will be sufficient, although Silver tends to go wild in terminal moves and overshoot such targets.
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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.