In this article I'm forecasting the price movement of Silver using the Elliott Wave Principles.
As of now it seems that Silver is either in Wave C or Wave 3 after completing a double Zig Zag correction.
At this point both the main count as well as the alternate count point in the same direction and that is Silver should give atleast one leg up.
You can see the Main count in Blue and the Alternate count in Grey colour.
The possible upside targets for Silver are :
T1 : 20300
T2 : 23000
T3 : 27650
I will further update if any change is required.
As of now it seems that Silver is either in Wave C or Wave 3 after completing a double Zig Zag correction.
At this point both the main count as well as the alternate count point in the same direction and that is Silver should give atleast one leg up.
You can see the Main count in Blue and the Alternate count in Grey colour.
The possible upside targets for Silver are :
T1 : 20300
T2 : 23000
T3 : 27650
I will further update if any change is required.
Unmatched 80% plus forecast accuracy for 6 years : 50eyes.com/forecast-accuracy/
Video Course : 50eyes.com/elliott-wave-course
Author : Think with the Markets
Video Course : 50eyes.com/elliott-wave-course
Author : Think with the Markets