Tony's Market Update Facebook ad: “Silver Update 6/11/26: $61.50 Held, Is the Bottom In?”

About this ad

Meta Ad Library ID

1947763805877196

Platforms

Facebook

Relaunches

0

Niche

AI & Software

How we count

Ad text

Silver Update — June 11, 2026 Back on May 29, I flagged two red target boxes if silver broke $71.75. It broke — and fell all the way to $61.50, barely $0.90 above the Super Cycle wave ((4)) low at $60.60. Now the question is: has wave (2) bottomed? I am cautiously optimistic. Here is why: The correction showed a clean A-B-C structure with a five-wave C terminating at the 3.0 Fibonacci — textbook leading diagonal wave (2) behavior. The rebound from $61.50 is showing a five-wave structure at the nano level, with the prior nano high already exceeded. Two positive structural developments. But silver still needs to earn it. What needs to happen next: sustain the five-wave advance, hold $61.50 on any pullback, and clear key resistance levels on the way up toward the $101 wave (3) target. If $60.60 breaks — the Super Cycle wave ((4)) low — the bear case takes over and the second red box below $44 becomes the target. Full Elliott Wave analysis with chart and all key levels: https://tonysmarketupdate.com/silver-update-6-11-26-wave-2-bottom-101-target/ #Silver #XAGUSD #ElliottWave #PreciousMetals #TechnicalAnalysis #Gold

Where the ad sends people

tonysmarketupdate.com

Silver Update 6/11/26: $61.50 Held — Is the Bottom In?

Silver bottomed at $61.50 in a clean ABC wave 2 correction. Two bullish signals confirmed. Key levels: $70.34 resistance, $76.95 confirmation, $101 target.