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

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