Similar to gold, silver witnessed a robust surge last week. On the 1-hour chart since early October 2023, a strong uptrend is evident. With completed Wave 1 and Wave 2, we're currently shaping Wave 3. Before concluding, sub-waves 3, 4, and 5 need completion.
Anticipating a short correction next week, I estimate silver might dip to the 23.6% or at most 38.2% level, avoiding an excessive retracement. A price range between $24.67 and $24.14 is plausible before another upward move to the $26.12 level. Subsequently, we may undergo further correction, building Wave 4. 🌟🔥
Anticipating a short correction next week, I estimate silver might dip to the 23.6% or at most 38.2% level, avoiding an excessive retracement. A price range between $24.67 and $24.14 is plausible before another upward move to the $26.12 level. Subsequently, we may undergo further correction, building Wave 4. 🌟🔥
💎 Kostenlose Community:
t.me/stromm_trading
-------------
Einblicke in mein Trading, Mindset, Marktgedanken und alles rund um Krypto, Aktien und mehr. ⚡️
Auf dem Weg zu einer der Top 10 Trading-Communities im DACH-Raum.
t.me/stromm_trading
-------------
Einblicke in mein Trading, Mindset, Marktgedanken und alles rund um Krypto, Aktien und mehr. ⚡️
Auf dem Weg zu einer der Top 10 Trading-Communities im DACH-Raum.
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.
💎 Kostenlose Community:
t.me/stromm_trading
-------------
Einblicke in mein Trading, Mindset, Marktgedanken und alles rund um Krypto, Aktien und mehr. ⚡️
Auf dem Weg zu einer der Top 10 Trading-Communities im DACH-Raum.
t.me/stromm_trading
-------------
Einblicke in mein Trading, Mindset, Marktgedanken und alles rund um Krypto, Aktien und mehr. ⚡️
Auf dem Weg zu einer der Top 10 Trading-Communities im DACH-Raum.
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.