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Bulls Taking Off On Silver

Elliott Wave Financial Service
By Elliott Wave Financial Service

Silver looks to be trading in wave 5) as part of a bullish impulse. That said, as we know after wave 5) finds a top, a three wave reaction may follow in the opposite direction with potential support at the former swing low at 18.02. Wave 5) may see limited upside around the 18.49 level.

SILVER, 4H

Elliott Wave Financial Service
Elliott Wave Financial Servicehttp://www.ew-forecast.com/
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