Apr 21 • General discussion
#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.
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#Silver: Resting Before the Next Leap 🚨
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