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FX.co ★ Elliott wave analysis of Silver for March 17, 2022

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Forex Analysis:::2022-03-17T06:36:40

Elliott wave analysis of Silver for March 17, 2022

Elliott wave analysis of Silver for March 17, 2022

Silver bottomed in wave iv/ 24.48 or just above our expected target at 24.40 and we should now see a strong rally higher towards 30.00 and ultimately above here too for a run-away rally towards the all-time target at 50.00.

The low at 24.48 should now act as the floor for the next strong rally higher towards 26.95 and 30.00 as the next upside targets.

Analyst InstaForex
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