Silver made five waves within a wave 3, up from April 20. We now see a temporary top for a bigger impulse at the 18.37 level, from where a corrective wave 4 started showing up. Possible support is at 17.0/16.7 level. That said, any minor recovery can be only a sub-wave b of 4, before one more leg lower as c starts developing.
Silver Eyeing 17.0/16.7 Support – Elliott Wave Analysis
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