As promised a close up on the near term structure of XAGUSD. A minor pop is expected on the market opening to finish wave [2[]] with subsequent sell-off in wave [3[]]. Alternatively it can be [[]b][c[]] of C takes ending diagonal shape but that does not change the short-term picture so far.
Invalidation is very close hence good moment to load risk free shorts with a tight SL.
The scenario hinges on the assumption that wave [1[]] is expanding diagonal.