Elliott Wave Intraday View in Silver (XAGUSD) Favoring the Upside

Elliottwave_Forecast

Short Term Elliott Wave View in spot Silver (XAGUSD) suggests that rally from 8.8.2024 low is in progress as an impulse. Up from 8.8.2024 low, wave 1 ended at 30.18 and dips in wave 2 ended at 27.69. Wave 3 higher ended at 32.71 and pullback in wave 4 ended at 30.13 with internal subdivision as an expanded Flat structure. Down from wave 3, wave ((a)) ended at 30.86 and wave ((b)) rally ended at 32.95. Wave ((c)) lower ended at 30.1 and this completed wave 4 in higher degree.

The metal has turned higher again in wave 5 with internal subdivision as a 5 waves impulse. Up from wave 4, wave (i) ended at 30.76 and wave (ii) ended at 30.2. Wave (iii) higher ended at 31.3 and pullback in wave (iv) ended at 31.04. Final leg wave (v) ended at 31.62 which completed wave ((i)) in higher degree. Pullback in wave ((ii)) ended at 30.70. Wave ((iii)) is in progress higher and as far as pivot at 30.1 low stays intact, expect short term dips to find buyers in 3, 7, or 11 swing for further upside.

Silver (XAGUSD) 60 Minutes Elliott Wave Chart

Silver (XAGUSD) Elliott Wave Chart

XAGUSD Elliott Wave Video

Source:https://elliottwave-forecast.com/news/elliott-wave-view-silver-xagusd-favoring-upside/

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Up from 8.8.2024 low, wave 1 ended at 30.18 and dips in wave 2 ended at 27.69. Wave 3 higher ended at 32.71 and pullback in wave 4 ended at 30.13 with internal subdivision as an expanded Flat structure. Down from wave 3, wave ((a)) ended at 30.86 and wave ((b)) rally ended at 32.95. Wave ((c)) lower ended at 30.1 and this completed wave 4 in higher degree.</p>\n<p style=\"text-align: justify;\">The metal has turned higher again in wave 5 with internal subdivision as a 5 waves impulse. Up from wave 4, wave (i) ended at 30.76 and wave (ii) ended at 30.2. Wave (iii) higher ended at 31.3 and pullback in wave (iv) ended at 31.04. Final leg wave (v) ended at 31.62 which completed wave ((i)) in higher degree. Pullback in wave ((ii)) ended at 30.70. Wave ((iii)) is in progress higher and as far as pivot at 30.1 low stays intact, expect short term dips to find buyers in 3, 7, or 11 swing for further upside.</p>\n<h2>Silver (XAGUSD) 60 Minutes Elliott Wave Chart</h2>\n<p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/17d7c1b27dcfa1402419dabbd95695f5\" tg-width=\"1912\" tg-height=\"933\"><span>Silver (XAGUSD) Elliott Wave Chart</span></p>\n<h2>XAGUSD Elliott Wave Video</h2>\n<p></p>\n<video poster=\"https://community-static.tradeup.com/news/df81211b19a7ed090f318f5656e71aa6\" tg-width=\"1920\" tg-height=\"1080\" class=\"ql-video\" controls=\"true\" controlslist=\"nodownload\" playsinline=\"true\" webkit-playsinline=\"true\">\n <source src=\"https://1254107296.vod2.myqcloud.com/b741d586vodhk1254107296/660ac6a91397757891027541431/PCdPCkxixTwA.mp4\">\n</video>\n<p>Source:https://elliottwave-forecast.com/news/elliott-wave-view-silver-xagusd-favoring-upside/</p></body></html>","htmlText":"<html><head></head><body><p>Short Term Elliott Wave View in spot Silver (XAGUSD) suggests that rally from 8.8.2024 low is in progress as an impulse. Up from 8.8.2024 low, wave 1 ended at 30.18 and dips in wave 2 ended at 27.69. Wave 3 higher ended at 32.71 and pullback in wave 4 ended at 30.13 with internal subdivision as an expanded Flat structure. Down from wave 3, wave ((a)) ended at 30.86 and wave ((b)) rally ended at 32.95. Wave ((c)) lower ended at 30.1 and this completed wave 4 in higher degree.</p>\n<p style=\"text-align: justify;\">The metal has turned higher again in wave 5 with internal subdivision as a 5 waves impulse. Up from wave 4, wave (i) ended at 30.76 and wave (ii) ended at 30.2. Wave (iii) higher ended at 31.3 and pullback in wave (iv) ended at 31.04. Final leg wave (v) ended at 31.62 which completed wave ((i)) in higher degree. Pullback in wave ((ii)) ended at 30.70. Wave ((iii)) is in progress higher and as far as pivot at 30.1 low stays intact, expect short term dips to find buyers in 3, 7, or 11 swing for further upside.</p>\n<h2>Silver (XAGUSD) 60 Minutes Elliott Wave Chart</h2>\n<p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/17d7c1b27dcfa1402419dabbd95695f5\" tg-width=\"1912\" tg-height=\"933\"><span>Silver (XAGUSD) Elliott Wave Chart</span></p>\n<h2>XAGUSD Elliott Wave Video</h2>\n<p></p>\n<video poster=\"https://community-static.tradeup.com/news/df81211b19a7ed090f318f5656e71aa6\" tg-width=\"1920\" tg-height=\"1080\" class=\"ql-video\" controls=\"true\" controlslist=\"nodownload\" playsinline=\"true\" webkit-playsinline=\"true\">\n <source src=\"https://1254107296.vod2.myqcloud.com/b741d586vodhk1254107296/660ac6a91397757891027541431/PCdPCkxixTwA.mp4\">\n</video>\n<p>Source:https://elliottwave-forecast.com/news/elliott-wave-view-silver-xagusd-favoring-upside/</p></body></html>","text":"Short Term Elliott Wave View in spot Silver (XAGUSD) suggests that rally from 8.8.2024 low is in progress as an impulse. Up from 8.8.2024 low, wave 1 ended at 30.18 and dips in wave 2 ended at 27.69. Wave 3 higher ended at 32.71 and pullback in wave 4 ended at 30.13 with internal subdivision as an expanded Flat structure. Down from wave 3, wave ((a)) ended at 30.86 and wave ((b)) rally ended at 32.95. Wave ((c)) lower ended at 30.1 and this completed wave 4 in higher degree. The metal has turned higher again in wave 5 with internal subdivision as a 5 waves impulse. Up from wave 4, wave (i) ended at 30.76 and wave (ii) ended at 30.2. Wave (iii) higher ended at 31.3 and pullback in wave (iv) ended at 31.04. Final leg wave (v) ended at 31.62 which completed wave ((i)) in higher degree. Pullback in wave ((ii)) ended at 30.70. Wave ((iii)) is in progress higher and as far as pivot at 30.1 low stays intact, expect short term dips to find buyers in 3, 7, or 11 swing for further upside. Silver (XAGUSD) 60 Minutes Elliott Wave Chart Silver (XAGUSD) Elliott Wave Chart XAGUSD Elliott Wave Video Source:https://elliottwave-forecast.com/news/elliott-wave-view-silver-xagusd-favoring-upside/","highlighted":1,"essential":1,"paper":2,"likeSize":3,"commentSize":0,"repostSize":1,"favoriteSize":0,"link":"https://ttm.financial/post/361024235257888","repostId":0,"isVote":1,"tweetType":2,"object":{"id":"4c1fb9397037441a8f94420e29d928e0","videoUrl":"https://1254107296.vod2.myqcloud.com/b741d586vodhk1254107296/660ac6a91397757891027541431/PCdPCkxixTwA.mp4","poster":"https://community-static.tradeup.com/news/df81211b19a7ed090f318f5656e71aa6","desc":""},"viewCount":64863,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":[],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":false,"length":989,"xxTargetLangEnum":"ORIG"},"commentList":[],"isCommentEnd":true,"isTiger":false,"isWeiXinMini":false,"url":"/m/post/361024235257888"}