The broad bearish outlook :
Silver has registered a new high to indicate the correction in wave (ii) still remains ongoing.
Counting adjustments :
– The extreme point of leading diagonal (i) from 15.70 to 15.59, and treating of the wave v of (i) in an ending diagonal.
– The anticipated formation of wave (ii) from an expanded flat to a zigzag abc.
Note : An ideal leading diagonal as wave (i), then its significant correction in a clear three-waves as wave (ii). In my view, such development eventually will lead to resume the trend in direction of the leading diagonal.