Preferred view suggests yellow metal is in wave 5 of ( C ) and after a B wave pull back toward 1332 – 1336, we should see further strength in wave C of 5 toward 1365 – 1370 region to complete wave (( B )) from where the decline should resume. We don’t like selling […]

Wave B high is proposed to be in place at 3.32. Metal completed wave (( b)) & is currently trading lower in wave (( c )) of ((w)) which is expected to end in the orange zone which lies between 3.169 – 3.191. From here expect metal to recovery in a corrective fashion and resume […]

Wave B high is proposed to be in place at 3.32. Triangle consolidation broke lower as expected, expect a test of 3.209 – 3.225 area to produce a corrective (( b )) wave bounce and lower again.

Preferred view suggests wave B completed 99.40 and rally from this level is  taking the form of impulse. Wave (( i )) was a leading diagonal which ended at 101.13, wave ((ii)) completed with a dip to 100.57 and wave (( iii )) was 1.618 ext of (( i )) which ended at 103.34. We […]

Preferred view suggests wave B completed 99.40 and rally from this level is  taking the form of impulse. Wave (( i )) was a leading diagonal which ended at 101.13, wave ((ii)) completed with a dip to 100.57 and wave (( iii )) was 1.618 ext of (( i )) which ended at 103.34. We […]

While above 20.78, expect more upside toward 22.20 region to complete wave 3 after which there should be a pull back in wave 4 and another leg higher. We don’t like selling Silver at this stage as the next expected pull back should be a corrective one.