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Silver – Road Map_01

359

Silver gapped up and now is likely completing its first impulse of a sizeable degree off the bottom. The next key events are a drawdown for potential wave (ii) and the behavior around the gap, which could act as strong support.

I changed the count color to purple so it matches the purple count on the mid-term chart discussed in the weekly report. The targets remain intact so far.

The mid- and long-term targets for this bullish scenario were discussed in the Silver Weekly on June 13.

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