Silver Wave Analysis

Silver: ⬇️ Sell

– Silver broke key support level 60.00

– Likely to fall to support level 50.00

Silver recently broke the support zone between the key support level 60.00 (which has been reversing the price from the start of October) and the support trendline of the daily down channel from the start of September.

The breakout of this support zone accelerated the active impulse wave 3 of the intermediate impulse wave (3) from the end of August.

Given the strong daily downtrend, Silver can be expected to fall further toward the next round support level 50.00 – target price for the completion of the active impulse wave 3.

Silver Wave Analysis – 15 October 2026


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