#Silver: Resting Before the Next Leap 🚨
Current price action points to a triangle correction following a major peak. While the primary bullish trend remains intact, the market has entered a medium-term sideways consolidation phase. Technical & Temporal Assessment: 🔸 Alternation: Unlike the 752-day sharp zigzag (Wave 2), this phase is expected to develop as a sideways structure (triangle or flat). 🔸 Time Factor: Compared to the 752-day duration of the previous cycle, the current 55-day movement is considered insufficient. The structure likely requires more time to reach maturity. Outlook: Upon completion of the corrective pattern, an impulsive move toward new all-time highs remains the primary scenario. traderlex.com