SILVER XAGUSD Chart Technical Outlook my long-term view of silver is still bullish. $36 is the measured move target on a breakout of the expanding wedge formation. On a short-term basis, we have just hit a confluence area at $24.40 and $24.50. The next move will be important to gain a more medium-term outlook. A mild correction could be seen as just a choppy 4th wave. With regards to timing the rally, I have always found it extremely difficult to put a period on moves. That will be up to the market.
