Silver Analysis – Potential Top in Place?Silver Spot (XAGUSD)FXOPEN:XAGUSDElliotXSolanaXAGUSD We've now reached the Fibonacci Extension Take-Profit zone from our (4) to (5) move – which is actually part of the larger Wave 3 structure. The move up unfolded in an ABC structure, which itself formed a smaller 1-2-3-4 (with the 4 again as an ABC). 🚀 So technically, we may have already topped out. ⚠️ What to Watch For: There may still be some upside volatility, which is why I’m currently watching the yellow trendline closely. 📉 A clean break below it would signal that Wave (5) is likely done, and we’ve started our next move: ➡️ (1) → (2) → (3) → (4) → (5) This would be the start of corrective Wave (A) of a larger ABC move. 📈 If the yellow trendline holds, we could still see higher highs – but based on current chart structure and momentum… 📊 Indicators are extremely overbought and flashing bearish divergence, supporting the idea that a local top is already in.