Silver long term wave analysis and forecast

Price of Silver, one of the most heavily traded precious metals, is at an interesting point. Because of the B wave of the weekly correction is potentially over. Long-term forecasting of the silver chart is no easy task because: the market is currently in years-long B wave correction, there are many possible wave combinations, structures, and patterns within …

Silver heading for open waters?

As we all know XAGUSD (Silver) has been in a corrective structure since 4th of July. The recent highest high was recorded on 4th of July at 21.106. The lowest price of the corrective range was recorded as 19.195 last week, specifically on 21st July. Apparently silver is in a tight sideways move for the last 3 weeks. In which direction should …