Silver

Intermediate Fourth Wave Underway :

On this weekly frame of the Silver, the wave counts explain how the Silver may work sideways and develop the Intermediate wave (4) as a triangle, flat, or complex “three”, over the coming months.

Based upon this interpretation, the outlook in medium-term remains sideways, as long as the price consolidate on the 16.99 structural resistance. And ultimately, the following decline of Silver in the Intermediate wave (5) will terminate the Primary wave A(circle), probably early in 2016.

Silver - Weekly

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