Silver May Slide Lower After Recovery

 | Dec 10, 2021 06:45AM ET

Silver is coming down on the 4h time frame from 25.40 resistance, much more than we thought. It appears that metal is in a higher degree three-wave drop.

Ideally, that will be an A)-B)-C) the decline that belongs to the fifth wave of an ending diagonal, so is aware of more weakness after wave B rally, that will ideally show up from around 21.00 support from September.

h2 Silver 4h Elliott Wave Analysis