Silver

The medium-term bear trend in its very late stages :

After an impulsive decline in Minute-degree wave a(circle), Silver will soon mount on the same degree wave b(circle), which will result in a final decline in wave c(circle).

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.

The extreme point of bullish ending diagonal might be around 13.49, likely in late December.

Silver - Daily

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s