Silver Slipped Below $60 _ But a Bounce Zone Is HereSilverOANDA:XAGUSDpejman_zwinIn recent hours, Silver(XAGUSD) has fallen below $60.00 and is currently moving near the support zone($56.60-$54.40), Potential Reversal Zone(PRZ), support lines, and the lower line of the descending channel. From an Elliott Wave perspective, it appears Silver is completing microwave 5 of the main wave 3. I expect Silver to begin increasing from the Potential Reversal Zone(PRZ) and support zone($56.60-$54.40), at least for the short term, aiming to rise again toward the resistance zone($60.00-$58.67) and around $60. Target: Resistance zone($60.00-$58.67) Stop Loss(SL): $54.10(Worst) Points may shift as the market evolves What’s your view on Silver? Do you think it will climb back above $60, or not? 💡 Please respect each other's opinions and express agreement or disagreement politely. 📌 Silver/ U.S. Dollar Analyze (XAGUSD), 4-hour time frame. 🛑 Always set a Stop Loss(SL) for every position you open. ✅ This is just my idea; I’d love to see your thoughts too! 🔥 If you find it helpful, please BOOST this post and share it with your friends.