XAGUSD TARGETING $28 IN 2023
According my elliot count XAGUSD really responsive elliot wave theory rules. First let's look general view;
In this view, W and Y has 1:1 extension exactly.
Latest correction of small impulsive wave in 2016,
W and Y has 1:0.786 extension which is technical. You can see here;
What i am expecting now?
In this impulsive wave, i am expecting to this +$21 area in 2020.
After that correction will occur during 2021.
If correction plays ideally, $16.67-$17.53 would be ideal buy opportunity for Silver. (After hitting $21 area)
And then for 3rd impulsive move, i am expecting +$28 area in 2023.
I will update this analysis after years.
This is not a financial advice. Educational purpose only. Follow, like and share for more thanks.
In this view, W and Y has 1:1 extension exactly.
Latest correction of small impulsive wave in 2016,
W and Y has 1:0.786 extension which is technical. You can see here;
What i am expecting now?
In this impulsive wave, i am expecting to this +$21 area in 2020.
After that correction will occur during 2021.
If correction plays ideally, $16.67-$17.53 would be ideal buy opportunity for Silver. (After hitting $21 area)
And then for 3rd impulsive move, i am expecting +$28 area in 2023.
I will update this analysis after years.
This is not a financial advice. Educational purpose only. Follow, like and share for more thanks.
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.