Silver
We expect more declines in silver in the coming period after breaking the support point of 18.120, and the decline will continue for the price decline and may reach 16.60 before rising again and ending the wave (C). The correction in wave (B) may have already ended at prices of 20.011. and the decline started in wave (C).
15/09/2022
We are now waiting for silver to give us an indication of the end of the corrective wave ((2)) of c to start the ascending wave ((3)), which targets 29.863 as the first target. The critical limit that supports this scenario is 11.639, and the correction may extend to 16.95
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Currently, wave (d) is in progress, and it is subdivided into zigzag which waves a and b of it ended, and now wave c is in play.
03/09/2022
No sign has yet been given for an upward trend in the wave (C) of (d), and the wave (B) may continue to descend further, provided that the critical limit is not breached at 11.639.
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Silver is currently in wave ((IV)), wave (a) (b) (c) ended and now wave (d) is in progress.
We expect silver to remain sideways to complete a big triangle in wave ((IV)).