Silver remains structurally bullish after completing a multi-year Rounding Bottom. The preferred scenario is a relief rally into the Primary Supply Zone, followed by a final Wave 4 correction toward the Primary Demand Zone. A successful defense of demand could trigger Wave 5, targeting fresh all-time highs and the long-term objective around 206.77 USD. Until demand fails, the correction remains a healthy pullback within the broader uptrend.

Probability Over Prediction.
WESLAD Research