Silver Miners (SIL) Pullback Nearing Support

by elliottwave-forecast.com | June 29, 2022 9:14 pm
Since bottoming on March 2020 low, Silver Miners ETF (SIL) has continued to extend lower to correct the cycle from March 2020 low. The correction looks to be in the form of a double  Below is what...

Silver Miners (SIL) Still in the Early Stage of Next Bull Run

by elliottwave-forecast.com | March 7, 2022 3:19 pm
With Gold breaking to new all-time high against Yen and Euro dollars, it’s just a matter of time before Gold and Silver breaks to new all-time high against US Dollar. Silver Miners (SIL) ETF leverages the move...

Elliott Wave Forecast: Silver Miners (SIL) Doing Flat Correction

by elliottwave-forecast.com | November 29, 2021 3:33 pm
Silver Miners (SIL) reached the support area from August 6 peak in 7 swing and reacted higher. However, in the last few trading sessions, the ETF has taken a turn lower. What’s the outlook for the ETF...

Silver Miners ETF (SIL) Has Ended Correction

by elliottwave-forecast.com | October 27, 2021 1:55 pm
In our article at the end of last month, we warned that Silver Miners ETF (SIL) has already reached support area. Thus the ETF is ready to turn higher anytime and rally at least in 3 waves. Now...

SIL (Silver Miners ETF) Sending A Warning To Silver Shorts

by elliottwave-forecast.com | October 13, 2021 3:31 pm
Silver related symbols including Silver Funds and ETFs have been trading lower since the peak around either 08.06.2020 or 02.01.2021. Most of them have taken a different Elliott wave structure, some have been doing an Elliott wave...

Silver Miners ETF (SIL) Has Reached Support Area

by elliottwave-forecast.com | September 30, 2021 4:21 pm
Silver Miners ETF (SIL) has been consolidating since bottoming on January 2016 low at 14.94. Presently, it has reached 100% fibonacci extension from August 2020 peak at $26.2 – 35.3. This means the instrument can soon see...

Silver Miners (SIL) Close to Ending Correction

by elliottwave-forecast.com | December 15, 2020 3:51 pm
One of the best ways to play the silver rally, if one believes in the bullish thesis, is through the Silver Miner ETF (SIL). The share price of these publicly traded mining companies usually climb faster than...

Silver Miners ETF (SIL): Getting Ready For A Wave III

by elliottwave-forecast.com | September 29, 2020 4:24 pm
Wave 3 is the most powerful wave in an Elliott Wave Structure. In this article, we will be looking at an opportunity to catch wave 3 in Silver Miners ETF and also look at Silver and Gold...