# Silver futures (SILVER) — Elliott Wave count, Nov 6, 2026

Silver futures (SILVER) Elliott Wave count at the Nov 6, 2026 close (price 51.94): the called count is the five from 2015 complete. It is invalid above 71.16. On the daily chart, intermediate B of Y up from $48.55 (2026-11-03), a three in progress, targeting 56.18 (invalid below 48.55).

Source: https://elliottwaveatlas.com/markets/silver · Data: https://elliottwaveatlas.com/data/markets/silver.json

## Called count
The five from $13.64 (2015-12) ended at $121.30. Invalid above 71.16.

What comes next: minute v above $53.495 to end minor a near $54.31-$54.61; minor b and c then carry B of Y toward $56.18; then C of Y toward $43.65, then $40.68 for the correction.

## Levels by timeframe
| Timeframe | Degree | Wave | Target | Invalidation | Time window |
|---|---|---|---|---|---|
| Monthly | Cycle ↓ | cycle-degree correction of the 2015-2026 five, down from $121.30 (2026-01), a double zigzag W-X-Y | 40.68 | 121.3 | 2026-10-27 → 2027-05-22 |
| Weekly | Primary ↓ | primary Y down from $71.16 (week of 2026-08-24), a zigzag in progress | 43.65 | 71.16 | 2026-10-27 → 2027-05-22 |
| Daily | Intermediate ↑ | intermediate B of Y up from $48.55 (2026-11-03), a three in progress | 56.18 | 48.55 | 2026-10-27 → 2027-05-22 |
| Hourly | Minor ↑ | minor a of intermediate B up from $48.62 (2026-11-03 04:00 ET), a five in progress | 54.31–54.61 | 48.62 | 2026-10-27 → 2027-05-22 |
| 15-minute | Minute ↑ | minute v of minor a up from $51.20 (2026-11-06 01:00 ET), a five in progress | 54.31–54.61 | 51.2 | — |


## Recent changes to the call
- 2026-10-30: invalidated — the five from 2015 complete
- 2026-10-16: new — cycle IV combination, primary X under way

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