Elliott Wave Analysis: SILVER In Final Stages Of A Big Corrective Wave 4


Silver is still trading around the lows, where final leg to 18.40 area may follow today to complete black wave 5. But what really matters now is that trend from August highs can come to an end soon and that traders should be aware of a bounce. Ideally a turn up will occur in impulsive fashion back above 19.10 that will then complete a big corrective decline and put market back in bullish mode.

Interested in our services ? We have a Special Offer : Get 1 Month Access For 1€!! Grab the opportunity now at www.ew-forecast.com You can even subscribe to our Twitter account -> @ewforecast



Previous articleBTCCNY Price Technical Analysis – Double Top Seen!
Next articleDaily FX Trading Update: Hawkish Yellen Boosts USD
Gregor Horvat first made his name in Slovenia and has become world famous in the forex market since 2003. He is both a trader and a technical analyst who offers trading strategies on the Fibonacci and Elliot Wave principle. His main focus is on currency pairs, U.S. stock market, gold and oil. Gregor Horvat found the forex service offered on http://www.ew-forecast.com/. This website provides traders technical analysis, while putting emphasis on behavioral patterns. These are derived from the Elliott Wave Principle (EWP). Traders who are interested in the entry and exit positions, and he probability of the former and latter follow the EWP on a regular basis.