In my opinion (IMO), we may be seeing the start of a longer and deeper correction...I could be off on this, however the bounce we are seeing at the moment is weekand looks corrective...this tells me we will likely see another major 5 wave move down...so either we see a 5-3-5 wave sequence or a 3-3-5 wave sequence...either way...I see us going back down to $38-$40 range in what will likely take a month or two to complete. I know this is not what we want to hear as silver bulls...but in the near to medium term I am bearish.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
