The ongoing cycle in Silver (XAGUSD), initiated from the April 7 low, continues to unfold as an impulsive Elliott Wave structure. Wave (3) of this impulse concluded at 39.52, as illustrated on the 1-hour chart. The subsequent pullback in wave (4) terminated at 36.17, exhibiting a zigzag internal structure. From the peak of wave (3), […]
The post Elliott Wave Analysis: Silver (XAGUSD) Targets $40.3 in Wave 5 Rally appeared first on Action Forex.
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