Silver Ended 5 Waves Elliott Wave Structure

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Silver Ended 5 Waves Elliott Wave Structure

Elliottwave_Forecast
2023-02-09

Silver Ended 5 Waves Elliott Wave StructureFebruary 9, 2023ByEWFHendra

Silver ended cycle from 9.1.2022 low as a 5 waves impulse Elliott Wave structure. Up from there, wave (1) ended at 20 and pullback in wave (2) ended at 17.97. The metal extends higher in wave (3) towards 24.54 and pullback in wave (4) ended at 22.98. Final leg higher wave (5) ended at 24.6 which completed wave ((1)) in higher degree. Pullback in wave ((2)) is in progress to correct cycle from 9.1.2022 low in 3, 7, or 11 swing before the rally resumes.

Internal subdivision of wave ((2)) is in progress as azigzag Elliott Wave structure. Down from wave ((1)), wave 1 ended at 23.4 and wave 2 ended at 23.598. The metal extends lower in wave 3 towards 22.13 and rally in wave 4 ended at 22.427. Final leg wave 5 ended at 22.03 which completed wave (A). Wave (B) rally is now in progress as a zigzag structure in lesser degree. Up from wave (A), wave A ended at 22.53 and dips in wave B ended at 22.19. Expect the metal to extend higher in wave C of (B) and rally to fail below 24.6 for another leg lower in wave (C). Near term, as far as pivot at 24.6 high stays intact, expect rally to fail in 3, 7, or 11 swing for further downside.

Silver 60 Minutes Elliott Wave Chart

Silver Elliott Wave Video

Source:https://elliottwave-forecast.com/news/silver-ended-5-waves-elliott-wave-structure/

# Technical Analysis

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Sg Lon
·2023-02-09
nice to see the new
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Rose79
·2023-02-11
Great ariticle, would you like to share it?
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Rose79
·2023-02-11
thanks for sharing and good knowledge
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Harun Bin Hassim
·2023-02-11
Thanks for sharing and very good knowledge
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Helen1229
·2023-02-12
👍🏻👍🏻👍🏻👍🏻👍🏻
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xiaobaii
·2023-02-12
like & comment please
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Bel8680
·2023-02-12
ok
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Mindthink
·2023-02-12
Ok
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Newnew
·2023-02-12
Hi
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FK1234
·2023-02-12
💪
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KSR
·2023-02-12
👍
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Ylwong
·2023-02-12
👍
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Singman
·2023-02-12
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HL Chua
·2023-02-12
Good
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NgKenny
·2023-02-12
Nice
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DQS4288
·2023-02-12
👍🏻
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CMaster
·2023-02-12
Wa
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愛我幸福满满
·2023-02-12
K
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Residue
·2023-02-12
👍🏻
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synneotrader
·2023-02-11
great
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Up from there, wave (1) ended at 20 and pullback in wave (2) ended at 17.97. The metal extends higher in wave (3) towards 24.54 and pullback in wave (4) ended at 22.98. Final leg higher wave (5) ended at 24.6 which completed wave ((1)) in higher degree. Pullback in wave ((2)) is in progress to correct cycle from 9.1.2022 low in 3, 7, or 11 swing before the rally resumes.Internal subdivision of wave ((2)) is in progress as a<a href=\"https://elliottwave-forecast.com/elliott-wave-theory/#zigzag\" target=\"_blank\">zigzag Elliott Wave structure</a>. Down from wave ((1)), wave 1 ended at 23.4 and wave 2 ended at 23.598. The metal extends lower in wave 3 towards 22.13 and rally in wave 4 ended at 22.427. Final leg wave 5 ended at 22.03 which completed wave (A). Wave (B) rally is now in progress as a zigzag structure in lesser degree. Up from wave (A), wave A ended at 22.53 and dips in wave B ended at 22.19. Expect the metal to extend higher in wave C of (B) and rally to fail below 24.6 for another leg lower in wave (C). Near term, as far as pivot at 24.6 high stays intact, expect rally to fail in 3, 7, or 11 swing for further downside.<h2>Silver 60 Minutes Elliott Wave Chart</h2><img referrerpolicy=\"no-referrer\" src=\"https://community-static.tradeup.com/news/f630513d31c628fde3c8d3f733c3f993\" tg-width=\"-1\" tg-height=\"-1\">Silver 60 Minutes Elliott Wave Chart<h2> </h2><h2>Silver Elliott Wave Video</h2><video tg-height=\"1080\" class=\"ql-video\" tg-width=\"1920\" webkit-playsinline=\"true\" poster=\"https://community-static.tradeup.com/news/81ec2a48020be79f305f1969d2f2c565\" controlslist=\"nodownload\" controls=\"\" playsinline=\"\"><source src=\"https://1254107296.vod2.myqcloud.com/73ba5544vodgzp1254107296/89f493e1243791579378073656/WAyAnyjVte8A.mp4\" type=\"video/mp4\"></video>Source:https://elliottwave-forecast.com/news/silver-ended-5-waves-elliott-wave-structure/</body></html>","htmlText":"<html><head></head><body>Silver Ended 5 Waves Elliott Wave StructureFebruary 9, 2023By<a href=\"https://elliottwave-forecast.com/author/ewfhendra/\" target=\"_blank\">EWFHendra</a>Silver ended cycle from 9.1.2022 low as a 5 waves impulse Elliott Wave structure. Up from there, wave (1) ended at 20 and pullback in wave (2) ended at 17.97. The metal extends higher in wave (3) towards 24.54 and pullback in wave (4) ended at 22.98. Final leg higher wave (5) ended at 24.6 which completed wave ((1)) in higher degree. Pullback in wave ((2)) is in progress to correct cycle from 9.1.2022 low in 3, 7, or 11 swing before the rally resumes.Internal subdivision of wave ((2)) is in progress as a<a href=\"https://elliottwave-forecast.com/elliott-wave-theory/#zigzag\" target=\"_blank\">zigzag Elliott Wave structure</a>. Down from wave ((1)), wave 1 ended at 23.4 and wave 2 ended at 23.598. The metal extends lower in wave 3 towards 22.13 and rally in wave 4 ended at 22.427. Final leg wave 5 ended at 22.03 which completed wave (A). Wave (B) rally is now in progress as a zigzag structure in lesser degree. Up from wave (A), wave A ended at 22.53 and dips in wave B ended at 22.19. Expect the metal to extend higher in wave C of (B) and rally to fail below 24.6 for another leg lower in wave (C). Near term, as far as pivot at 24.6 high stays intact, expect rally to fail in 3, 7, or 11 swing for further downside.<h2>Silver 60 Minutes Elliott Wave Chart</h2><img referrerpolicy=\"no-referrer\" src=\"https://community-static.tradeup.com/news/f630513d31c628fde3c8d3f733c3f993\" tg-width=\"-1\" tg-height=\"-1\">Silver 60 Minutes Elliott Wave Chart<h2> </h2><h2>Silver Elliott Wave Video</h2><video tg-height=\"1080\" class=\"ql-video\" tg-width=\"1920\" webkit-playsinline=\"true\" poster=\"https://community-static.tradeup.com/news/81ec2a48020be79f305f1969d2f2c565\" controlslist=\"nodownload\" controls=\"\" playsinline=\"\"><source src=\"https://1254107296.vod2.myqcloud.com/73ba5544vodgzp1254107296/89f493e1243791579378073656/WAyAnyjVte8A.mp4\" type=\"video/mp4\"></video>Source:https://elliottwave-forecast.com/news/silver-ended-5-waves-elliott-wave-structure/</body></html>","text":"Silver Ended 5 Waves Elliott Wave StructureFebruary 9, 2023ByEWFHendra Silver ended cycle from 9.1.2022 low as a 5 waves impulse Elliott Wave structure. Up from there, wave (1) ended at 20 and pullback in wave (2) ended at 17.97. The metal extends higher in wave (3) towards 24.54 and pullback in wave (4) ended at 22.98. Final leg higher wave (5) ended at 24.6 which completed wave ((1)) in higher degree. Pullback in wave ((2)) is in progress to correct cycle from 9.1.2022 low in 3, 7, or 11 swing before the rally resumes. Internal subdivision of wave ((2)) is in progress as azigzag Elliott Wave structure. Down from wave ((1)), wave 1 ended at 23.4 and wave 2 ended at 23.598. The metal extends lower in wave 3 towards 22.13 and rally in wave 4 ended at 22.427. Final leg wave 5 ended at 22.03 which completed wave (A). Wave (B) rally is now in progress as a zigzag structure in lesser degree. Up from wave (A), wave A ended at 22.53 and dips in wave B ended at 22.19. Expect the metal to extend higher in wave C of (B) and rally to fail below 24.6 for another leg lower in wave (C). Near term, as far as pivot at 24.6 high stays intact, expect rally to fail in 3, 7, or 11 swing for further downside. Silver 60 Minutes Elliott Wave Chart Silver 60 Minutes Elliott Wave Chart Silver Elliott Wave Video 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ariticle, would you like to share it?","text":"Great ariticle, would you like to share it?","html":"Great ariticle, would you like to share it?","likeSize":2,"commentSize":0,"subComments":[],"verified":10,"allocateAmount":0,"commentType":"valid","coins":0,"score":0},{"id":105773368,"commentId":"105773368","gmtCreate":1676100063252,"gmtModify":1676105223201,"authorId":4138750909177742,"author":{"id":4138750909177742,"idStr":"4138750909177742","authorId":4138750909177742,"name":"Rose79","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","vip":1,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":9954922970,"objectIdStr":"9954922970","type":1,"supId":0,"supIdStr":"0","prevId":0,"prevIdStr":"0","content":"thanks for sharing and good knowledge","text":"thanks for sharing and good knowledge","html":"thanks for sharing and good knowledge","likeSize":2,"commentSize":0,"subComments":[],"verified":10,"allocateAmount":0,"commentType":"valid","coins":0,"score":0},{"id":105773040,"commentId":"105773040","gmtCreate":1676094412706,"gmtModify":1676094416022,"authorId":4136421705286972,"author":{"id":4136421705286972,"idStr":"4136421705286972","authorId":4136421705286972,"name":"Harun Bin Hassim","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","vip":1,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":9954922970,"objectIdStr":"9954922970","type":1,"supId":0,"supIdStr":"0","prevId":0,"prevIdStr":"0","content":"Thanks for sharing and very good knowledge","text":"Thanks for sharing and very good knowledge","html":"Thanks for sharing and very good 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