informalSucces13011

Silver might have completed its B wave down in triangle.

Long
FX:XAGUSD   Silver / U.S. Dollar
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 within the range and can go as high as 25$ before we see a decline again.
Comment:
With the high today we might have completed a of C of triangle IV. The confirmation although would be on falling below 23.5.

Happy trading
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