Silver: More Upside In View

Silver is undergoing a sharp and strong recovery within wave 3)/C), which means we can see metal reach even higher in days ahead. We have 17.46/17.70 region in view, where Fibonacci projection indicates a wave 3) or C) termination point. Even a recent breach above the upper channel line indicates more gains to follow and a possible support for upcoming minor corrections.

Silver, 1h

Disclosure: Please be informed that information we provide is NOT a trading recommendation or investment advice. All our work is for educational purposes only.

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