Silver

Preferred view is that metal has completed a cycle from 22.17 peak i.e. wave “W” as a triple corrective structure. Wave “X” bounce is in progress 20.47-20.87 before the next leg lower in the metal is seen. Short-term, 19.98 completed A & we expect the B pullback to be into the 50 – 61.8 fib zone of 19.36-19.21 before another 3 swings higher into 20.47-20.87 region.