Unless silver simply explodes higher today, it is beginning to make an argument for having topped and developing a larger leading diagonal down, while waiting for gold to complete its pattern. But, if the top is in at this point, it is making me seriously question whether silver will be able to hold that 16.50 level, and whether the next decline will clarify that this is a big wave 2 pullback for the last 3 years, which means we could see the 11-14 region on the next drop.
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