Silver – Weekly Analysis

Silver may have quietly completed a flag—and if that interpretation is right, the next move could be anything but quiet. The potential downside is not enormous in percentage terms, perhaps 5–10%, but in Silver that can arrive with very little ceremony and even less mercy. The more important question is whether the pattern is real, or simply another deceptive pause inside a much more complicated structure. In today’s Silver Technical Analysis, we test that hypothesis from several angles—candles, momentum, structure, and Elliott Waves—to see whether the market is preparing another leg lower or setting a trap for the bears. Let’s enjoy the deep dive. CANDLES & TA: Silver bulls attempted a bounce on Thursday, but it was rather anemic. Friday did not fully cancel the bullish intent, but it significantly reduced the odds of a meaningful recovery. The weekly closed with bearish continuation, and the 10D frame is likely to…