KarYong

2017 Week #7 - One more move to the upside for Silver

Long
OANDA:XAGUSD   Silver / U.S. Dollar
Price is currently in a 7th swing to the upside from the 20th December 2016 low (15.63), with a structure low formed at 16.63.

As long as price remains above 16.63, we expect at least a 3-wave move to complete the minimum 9-wave sequence around 18.32 - 18.72.

From there we might see a deeper correction.

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