Silver Crash Daily Chart Update

Silver only has pennies to go before it breaks my bullish wave count. The next best wave pattern is that another zigzag is forming, but we still need a bit longer C5 wave length, to make a better fit.  I sure don’t rule out any running type of a move as well, so in the short term silver can remain volatile. 

What must not happen in silver, is that the July 2017 bottom also gets completely retraced. If this happened then the $14.60 price level could get hit and the Intermediate degree “B” wave must also be moved.  

Hits: 10

Share this...
Email this to someone
Print this page