{"id":24321,"date":"2022-12-15T13:29:47","date_gmt":"2022-12-15T13:29:47","guid":{"rendered":"https:\/\/fxglobe.wpenginepowered.com\/beautiful-technical-silver-chart\/"},"modified":"2026-03-18T11:06:47","modified_gmt":"2026-03-18T11:06:47","slug":"beautiful-technical-silver-chart","status":"publish","type":"post","link":"https:\/\/www.fxglobe.com\/th\/beautiful-technical-silver-chart\/","title":{"rendered":"Beautiful Technical Silver Chart"},"content":{"rendered":"\n<p>We see how the <a href=\"https:\/\/www.fxglobe.com\/fx-globe-academy\/glossary\/\" data-type=\"page\" data-id=\"530\">price of silver<\/a> has risen for a few sessions, also drawing a\u00a0very nice\u00a0<a href=\"https:\/\/www.fxglobe.com\/key-components-of-technical-analysis\/\" data-type=\"post\" data-id=\"24440\">technical figure<\/a><strong>.\u00a0<\/strong>We see a\u00a0<strong>bullish Elliott module<\/strong>\u00a0in five waves, where in the last wave, the fifth, he draws, in turn, a\u00a0<strong>Wolfe wave<\/strong>\u00a0(the terminal wedge that we see above the impulse).<\/p>\n\n\n\n<p>When we see this&nbsp;<strong>sequence<\/strong>&nbsp;, a <a href=\"https:\/\/en.wikipedia.org\/wiki\/Elliot_Wolff\" target=\"_blank\" rel=\"noreferrer noopener\">Wolfe in a fifth of Elliott<\/a>, it is usually a pretty accurate sign that a&nbsp;<strong>correction is coming,<\/strong>&nbsp;in fact, it is already doing it, but we think that there may be a little more travel left for the falls.<\/p>\n\n\n\n<p>Once the price reaches around&nbsp;<strong>22 dollars<\/strong>&nbsp;per ounce, we will test the longs again, since the medium-long term scenario continues to be bullish.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Silver Chart (Timeframe &#8211; D1)<\/h2>\n\n\n\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" src=\"https:\/\/www.fxglobe.com\/wp-content\/uploads\/2023\/05\/XAGUSDDaily-1024x432.png\" alt=\"\" class=\"wp-image-7041\"\/><\/figure>\n","protected":false},"excerpt":{"rendered":"<p>We see how the price of silver has risen for a few sess [&hellip;]<\/p>\n","protected":false},"author":17,"featured_media":14091,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_seopress_robots_primary_cat":"none","_seopress_titles_title":"Silver Chart Analysis | FXGlobe","_seopress_titles_desc":"Discover the beauty of the technical silver chart and gain insights into potential trading opportunities. Stay ahead in the silver market with expert analysis.","_seopress_robots_index":"","footnotes":"","_links_to":"","_links_to_target":""},"categories":[1],"tags":[],"class_list":["post-24321","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-market-updates"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.fxglobe.com\/th\/wp-json\/wp\/v2\/posts\/24321","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.fxglobe.com\/th\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.fxglobe.com\/th\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.fxglobe.com\/th\/wp-json\/wp\/v2\/users\/17"}],"replies":[{"embeddable":true,"href":"https:\/\/www.fxglobe.com\/th\/wp-json\/wp\/v2\/comments?post=24321"}],"version-history":[{"count":0,"href":"https:\/\/www.fxglobe.com\/th\/wp-json\/wp\/v2\/posts\/24321\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.fxglobe.com\/th\/wp-json\/wp\/v2\/media\/14091"}],"wp:attachment":[{"href":"https:\/\/www.fxglobe.com\/th\/wp-json\/wp\/v2\/media?parent=24321"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.fxglobe.com\/th\/wp-json\/wp\/v2\/categories?post=24321"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.fxglobe.com\/th\/wp-json\/wp\/v2\/tags?post=24321"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}