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MCO Global Markets

MCO Global Markets

51,000 subscribers

👁 5,424 views

Is the Silver Sell-off Over? Key Levels to Watch

Video Overview & Insights

Silver saw a sharp sell-off this week, with price dropping roughly 15% from the recent highs. In this video, we break down the Elliott Wave structure, the key support and resistance levels, and the scenarios that could play out next.

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— @moretradingonline

I’ll also explain the exact setup I’m personally watching before considering buying silver, including the key support zone around the $50 area and why the broader correction may still not be complete.

We collaborate with XTB, a globally regulated broker offering access to over 7,100 stocks and 1,400 ETFs - commission-free up to €100,000 per month (affiliate link):

Hi Ben, did you delete the micron video? I can't find it.

— @BtcOXER

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Thanks a lot !

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Thanks as always Ben

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Great work pal

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Super, wie immer. Immer konsistent. My Guess (natürlich reine Spekulation) - Mitte Juli ist zeitlich gut, daher vielleicht noch ein Low möglich, dann sollte es wieder abgehen.

— @scentia_est

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The next two weeks is probably the most interesting period in silver charting.

— @AnnacarneyHome

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spot looks like two 1-2 formations therefore 3 could be coming

— @tobago1771

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Nice

— @BlandBand-v3m

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Thank you!

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For now 55.5 appears support : 62.5 a resistance : strength above 65.5 if silver falls below 55.5 then 51.5 and 48 on the cards.

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⚠️ Disclaimer

The content provided on this channel is for informational and educational purposes only.

It does not constitute financial advice, an offer or solicitation to buy or sell any financial instruments, or a financial service under applicable laws.

All analyses and opinions expressed are strictly personal views. You are solely responsible for your own investment decisions and act at your own risk. Always consider your individual risk profile and, if necessary, consult with an independent financial advisor.

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