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FX.co ★ Elliott wave analysis of Silver for July 18, 2022

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Forex Analysis:::2022-07-18T05:41:40

Elliott wave analysis of Silver for July 18, 2022

Silver was nicely rejected near the 61.8% corrective target. We are now looking for a break above minor resistance at 19.48 to confirm that the corrective decline in wave 2 has completed and a new impulsive rally is in motion towards 30.00 and ultimately above here too for a continuation towards the all-time high at 50.00.

Elliott wave analysis of Silver for July 18, 2022

Analyst InstaForex
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