📊 Timeframe: 9-Day Chart
📈 Market: Silver (XAG/USD)

Wave Analysis:
This chart follows Elliott Wave Theory, indicating a Wave 4 correction before the final Wave 5 rally to new highs.

🔹 Wave 3 completed, and Silver is now in Wave 4, forming a corrective pullback inside a descending channel.
🔹 Wave 2 retraced to 61.8%-78.6% Fibonacci, and Wave 4 is expected to end around 50%-61.8% retracement of Wave 3.
🔹 A bullish breakout is expected from this zone, potentially sending Silver towards $38+ in Wave 5.

Key Trading Levels:
✅ Support Zone: $26-$28 (50%-61.8% Fibonacci retracement)
✅ Entry Idea: Look for bullish confirmations in this range.
✅ Wave 5 Target: $38+ based on Fibonacci extensions.

📢 Trading Plan:

• Wait for Wave 4 completion at support.
• Enter long trades upon confirmation.
• Target Wave 5 rally to new highs.