Silver: ⬆️ Buy
– Silver broke resistance zone
– Likely to rise to resistance level 71.60
Silver recently broke the resistance zone between the resistance level 62.60 (top of the previous wave 2 from July) and the 50% Fibonacci correction of the downward impulse from June.
The breakout of this resistance zone greatly accelerated the active impulse wave C of the ABC correction (2) from the middle of July.
Given the strength of the active impulse wave C, Silver can be expected to rise to the next resistance level 71.60 – top of wave 2 from June.