XAGUSD Triple Zigzag Pushes Towards $30!

From orbex.com

In the long term, XAGUSD is forming a corrective trend consisting of cycle waves w-x-y-x-z. At the moment we see the construction of an intervening wave x. This takes the form of a triple zigzag Ⓦ-Ⓧ-Ⓨ-Ⓧ-Ⓩ of the primary degree. The primary wave Ⓩ is in the development stage. Perhaps this wave will be a standard zigzag, where the impulse and correction have ended. Wave (B) is a double zigzag. In the coming days, growth is expected in (C) approximately to 27.930, where the primary waves Ⓩ and Ⓨ will be equal. Let’s consider an alternative scenario in which the development of the intermediate wave (B) ... (full story)