📈 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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Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.
Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.