$Silver = Weekly Analysis = 15.05.2022 $SLV #preciousmetals $XAGUSD #silver #ElliottWave #commodities

After we called a 50/100 weekly MA bearish cross in April #silver is already down ~15%. This event is rare and it happened only 9 times in the last 42 years. After such events that always trigger multi-week/month corrections, silver suffered an average loss of 35%. Range: 8-72%. If the metal targets a 35% loss now, it would be heading towards $16.

Let’s have a look at the most recent signals and evaluate the perspectives.

Silver All Time Analysis & Long Term Forecast:
https://investingangles.com/2022/05/10/silver-all-time-analysis-long-term-forecast-10-05-2022-slv-preciousmetals-xagusd-silver-elliottwave/


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In case you want to compare the metals, this is the link to my all time forecast for Gold:

Follow @InvestingAngles – we offer the best long- and mid-term forecasts.

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