Silver is back below its 1.618 Fib now so I believe we are in subwave C of Wave 4 now, so we are looking for a hold at or above the $32.14 level to complete Wave 4.
I am also watching the 50 Day MA to see how fast it can move higher to also offer support if needed.
The market is in a sea of red today and this earnings season has so far been difficult which is likely good news for Silver, so holding at our Wave 4 level could present an opportunity to move more cash into this safe have.
jwjohns26
2024-11-01 11:18:54 +0000 UTCLabo
2024-11-01 01:47:44 +0000 UTCjwjohns26
2024-10-31 20:15:11 +0000 UTCsandeep v
2024-10-31 19:23:35 +0000 UTC