Silver

Ending Diagonal :

Silver continued its impulsive decline to today’s intraday-low, which is very close to the August 26 low at 13.93.

With respect to the ending diagonal pattern, the wave structure of the current decline since late November should be traced out in a three-wave, which its Minute-degree wave a(circle) could be completed now, and the following same-degree waves b(circle) up, then c(circle) down would lie ahead.

The extreme point of bullish ending diagonal might be around 13.46, likely in late December.

Silver - Daily

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