📉 On the medium-term timeframe, silver may be forming a corrective rally after a sharp selloff.
🔢 Based on the wave structure, we currently appear to be in Wave 3.
🛡️ Key Support: $61.60
Only a sustained hold above this level keeps the bullish continuation valid.
📊 Full wave count details are marked on the chart.
🌍 Fundamentals: Dollar weakness on Fed rate cut expectations + strong industrial demand support the upside.