Silver Elliott Wave Analysis

Silver came down as expected in the last few sessions from 26.95, and even accelerated after a break below a minor corrective channel that put the third leg down in action.
It can be wave C or even wave 3 now. However, the "easy" prediction is gone now so we will have to track further developments very closely; rise back above 26.15 will be a new bullish confirmation, while drop below 25.00 will likely indicate a deeper prices for silver.
Silver Intraday Elliott Wave Analysis

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