Skip to content
GET STARTED
Loading...
✨ Become a Member and get full access!
Commodities

Silver – Road Map

•
Open Articles Public Silver Weekly
550

Silver is now down 42% following our precise alert issued three days ahead of the top. In this Road Map update, we break down the latest price action, reassess the evolving structure, adjust the framework where necessary, and evaluate the implications of the newest candlestick signals. We then map out the zones where silver remains most vulnerable—and the scenarios where it could still surprise despite the broader pressure.

:

Elliott Waves

Short Term

Silver made a lower low, and the odds of continued downside remain elevated. Yesterday’s top was likely the end of wave B, and for consistency, I replaced the blue count with the red one. Today’s move either represents a strong wave i down, shown in purple, or the i–ii sequence is already complete and the current decline is wave iii in red. In either case, silver has higher odds of exploring lower lows.

The projected target zone for wave C in this ABC structure lies between $53 and $28.5. A break below $49.82 would be a dramatic development. We discussed this level in the monthly report, and I will revisit it again in the weekly.

Candles

From a candlestick perspective, silver printed a large bearish Inside Down on the 8D frame, paused on the 3D, and followed through with a Bearish Engulfing on the daily. The daily also flipped the 8/20 EMA bearish. Overall, the candle structure and technicals are decisively bearish.

=====

Open Articles Public Silver Weekly
550
Read Next
US Indices
SP500 – Daily Analysis
Are the candlemaps ugly enough after today’s move—or is the market preparing to make them even worse? And, more importantly, have you been listening to our recent warnings? The key question now is whether the current SPX weakness remains a contained correction—or whether the index is preparing to accelerate into a much deeper decline that […]
Commodities
Oil – Daily Analysis
Today, oil extended the rally to roughly 25% since our August 6 call for those who went long with us. A strong move—but now comes the more difficult question: is it time to take some profit, or does the rally still have room to run? Let’s talk probabilities, not headlines. In today’s Oil Daily Analysis, […]
Commodities
Oil – Daily Analysis
Today, oil finally reached our target, delivering roughly a 20% gain since our major August 6 call. A solid move—but after a rally of this magnitude, the more important question is what comes next. And perhaps even more interesting: what do the candles now “think” about the prospects for “lower gas prices”? In today’s Oil […]