XAGUSD: SILVER ELLIOTT CHART v3

18 May 2021

We could still see XAGUSD go a smidgeon higher, but lets face it a retracement/pullback is inevitable, particularly if the silver Bulls wish to bring in new buyers. No pullback and no-one NEW will buy in. I suspect we will be revisiting the 26.000-ish price area. Its not the best price for XAGUSD, but it will do. Tagged long IF and only IF a meaningful downward correction occurs first. If your in a trade, TRADE-YOUR-PLAN, not mine.