XAGUSD: Friday's Short Term Elliottwave Analysis for Silver
Short term Elliottwave structure suggests rally to 15.953 ended wave (3). Wave (4) pullback is unfolding as a triangle where wave A ended at 14.89, wave B ended at 15.57, and wave C is currently in progress. Internal of wave C is unfolding as a double three where wave ((w)) ended at 15.15, wave ((x)) ended at 15.318, and wave ((y)) of C is expected to hold 14.897 for another turn higher in wave D. The triangle idea remains valid as far as wave (A) at 14.897 stays intact.
At EWF we offer 24 hour coverage of 50 instruments from Monday - Friday using Elliott Wave Theory as primary tools of analysis. We provide Elliott Wave chart in 4 different time frames, up to 4 times a day update in 1 hour chart, two live sessions by our expert analysts, 24 hour chat room moderated by our expert analysts, market overview, and much more! With our expert team at your side to provide you with all the timely and accurate analysis, you will never be left in the dark and you can concentrate more on the actual trading and making profits. Check out our 14 day Free Trial to sample everything EWF has to offer!