Main Quotes Calendar Forum
flag

FX.co ★ Elliott wave analysis of Silver for April 13, 2023

parent
Forex Analysis:::2023-04-13T05:36:33

Elliott wave analysis of Silver for April 13, 2023

Elliott wave analysis of Silver for April 13, 2023

Silver continues to push higher, but should soon be forced into a temporary setback closer to support in the 22.79 - 23.46 area from where the next impulsive rally towards the strong resistance at 30.00 should follow. Ultimately, we see solid resistance at 30.00 being broken too for a higher move to the all-time high at 50.00.

However, for the short term, we wouldn't be surprised to see a temporary corrective setback closer to 22.79 and then renewed upside strength to 30.00 and ultimately beyond.

Analyst InstaForex
Share this article:
parent
loader...
all-was_read__icon
You have watched all the best publications
presently.
We are already looking for something interesting for you...
all-was_read__star
Recently published:
loader...
More recent publications...