Greetings for the day!
Silver have been moving in the path as per my last update. We missed our targets by 20 cents. We can consider the rise in silver as a consolidation in C wave of triangle IV. Although till we are below 23.67 we can still think of one lower low before wave B of triangle ends. In case wave B has ended the rise might be another zigzag...
Silver is consolidating in its iv th wave triangle and has now completed its (b) wave of B and ready for a (c) wave decline. The targets are close to 22 $
Greetings for the day!
Silver has been consolidating in what could be viewed as C wave of 4th wave. But the point is whether we have completed the 4th or the consolidation will continue?
It is very likely that presently we might form a triangle in (iv) of C and then the final drop towards the 20.5 $ to end this decline.
The momentum is showing decline to...
