My current view of Silver's long term Elliott Wave structure beginning from the 1960s fixed price of 1.29/oz. I currently believe it is in a lifetime diagonal and is marching its way up wave III of (III). Using arcs to perhaps get a better sense on timeline. With silver patience is key. Wave III can target anywhere between the 0.786 ($81) and 1.382 ($350) extensions from the I-II (2011 high to 2020 low).
Also notice the fib retracements on waves (II) and II. (II) undercut the 94.1% in 1993 and II undercut the 78.6% in 2020. Just as these undercuts occurred during major lows, I would also expect overshoot to occur on the upside on wave 3s and 5s, given how emotional silver investors can be.
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