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Elliott Wave Analysis: Silver (XAGUSD) Dip Anticipated to Spark Buyer Activity

Silver’s rally from its July 4, 2025, low has unfolded as an impulsive Elliott Wave structure, completing Wave (1) at $33.67. The metal is now in a corrective Wave (2) pullback. It is characterized by a double three Elliott Wave pattern, a common corrective formation in technical analysis. From the Wave (1) peak, Wave ((a)) declined to $32.63, followed by a recovery in Wave ((b)) to $33.53. The subsequent drop in Wave ((c)) reached $31.65, finalizing Wave W of the double three structure.
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Elliott Forecast
Elliott Forecast

Elliottwave-Forecast.com (by EME PROCESSING AND CONSULTING LLC) was founded in 2005 by Eric Morera. Since inception our company has provided tailored Financial Market Services to thousands of clients. ElliottWave-Forecast has built a reputation on accurate technical analysis and a winning attitude. By successfully incorporating the Elliott Wave Theory with Market Correlation, Cycles, Proprietary Pivot System, we provide precise forecasts with up-to-date analysis for 52 instruments including FX majors, Gold, Silver, Copper, Oil, TNX and major Equity Indices. Our clients also have immediate access to our proprietary Actionable Trade Setups, Market Overview, 1 Hour, 4 Hour, Daily & Weekly Wave Counts. Weekend Webinar, Live Screen Sharing Sessions, Daily Technical Videos, Educational Resources, and 24 Hour chat room where they are provided live updates and given answers to their questions. 

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