Technical analysis
Silver Wave Analysis – 21 April, 2022
April 21, 2022 @ 19:00 +03:00
![Silver Wave Analysis – 21 April, 2022 Silver Wave Analysis – 21 April, 2022](https://fxpro.news/wp-content/uploads/2020/02/silver-bars.jpg)
• Silver falling minor impulse wave 3
• Likely to reach support level 24.10
Silver continues to fall inside the minor impulse wave 3, which started earlier from the resistance level 25.8 (previous reversal high from March) – strengthened by the upper daily Bollinger Band.
The active impulse wave 3 belongs to the higher-order impulse wave (C) from the start of last month.
Silver can be expected to fall further toward the next support level 24.10 (which stopped the previous waves 1 and (b))
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![](https://fxpro.news/wp-content/uploads/2022/04/xagusd-primary-analysis-apr-21-1654-pm-1-day-1024x479.png)