Silver

The broad bearish outlook :

Silver has registered a new low on the diagonal’s trend line, in a thrust down of an interior triangle, likely as extreme point of the bearish leading diagonal wave (i). Subsequently, a three-waves correction up in wave (ii) is probably ahead in the coming days.

Note : A retrace to the 16.21 area could raise confidence on accuracy of the overall pattern.

Silver - Intraday 360Silver - Intraday 600

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