Silver bottom in sight?
Silver seems to be approaching the target low somewhere in the 15.90 - 16.15 region. This would be the textbook level of the previous 4th in one lesser degree, also at or near the 0.618 level. Gold still seems to have a way to go but may complete it's pull back more impulsively, while silver may bumble around a bit in its final 5th wave - since it seems to be tracing out an expanded ending diagonal.
Looking to get long and possibly stay that way for some time once the (red) channel is broken to the upside. This should be wave 3 of 3, so potentially a massive move up.
Looking to get long and possibly stay that way for some time once the (red) channel is broken to the upside. This should be wave 3 of 3, so potentially a massive move up.
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