Silver made a bullish Elliott wave. The fifth wave is including a diagonal. After the fifth wave, there is an ABC correction. Silver can move upside to 62840 – 63560 levels.
Expected C range: 60565 – 59200 – 57045
The correction will over at 63560 to change the current trend. And upside rally will resume for the levels of 65000 – 66000 – 68000+.
Get up to 50% OFF on MCX Premium Plans: Click Here
This offer won’t back again. Grab an opportunity to get the highest discount of the year.
Note: We are going to close the Diwali Special offer soon.
Get free MCX ideas, chart setups, and analysis for the upcoming session: Commodity Tips →
Want to get premium trading alerts on gold, silver, crude oil, etc., and unlimited access to Moneymunch? Join today and start potentially multiplying your net worth: Premium MCX Calls
Premium features: daily updates, full access to the Moneymunch #1 Rank List, Research Reports, Premium screens, and much more. You΄ll quickly identify which commodities to buy, which to sell, and target today΄s.
Have you any questions/feedback about this article? Please leave your queries in the comment box for answers.
