We now have more clarity on Silver
seems to have started wave E of the triangle, and Gold
has started wave 5 up. Both are supposed to unfold within a week or so. Silver
is interesting because the triangle is always followed by a powerful thrust - in our case we will see a sharp decline from ~14 to approx 12.80. But since Silver
mostly move together, I also expect a 100$-worth decline in Gold
to occur at the same time - really fast. A matter of 2 weeks or so.
So, staying patient for now. No short entry yet. Still more time needed for the waves to unfold. Patience is Gold