Silver

As shown in this quarterly frame, it is anticipated the current Silver’s bear market, that started in 2011 peak of 49.82, is likely to develop in extensive A-B-C (three waves) of Primary degree.

“After completing five waves up, markets often retrace to retest their previous fourth-wave area.”

The ultimate target for the entire correction, could be around the 4.80 level in the coming years.

Silver - Quarterly

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