WE‘RE TRACKING A SCENARIO FOR SILVER SINCE NIXON SHOCK LIKE GOLD, THIS SCENARIO SUGGEST THAT THE NEW ALL TIME HIGH ON APRIL 28,2011 WAS THE CYCL WAVE ONE AS SHOWN IN GRAPH 1,THEN CYCLE WAVE TWO UNFOLDED AS DOUBLE ZIGZAG AND HAS COMPLETED AT 11.64$
SO IF THIS COUNT IS CORRECT, WE SHOULD SEE THE UPRISE WITH SHARP MOVE , HIGHLY POSITIVE MOMENTUM. AND NEW ALL TIME HIGH ABOVE 50$ AS CYCLE WAVE THREE, REALTIVELY WE SAW THAT, BUT WE CAN‘T AFFIRM THE SECOND WAVE IS REALLY ESTABLISEHED AT 11.64, AND THE THE THIRD WAVE HAS COMMENCED, MIGHT THE FIVE WAVE UP ADVANCE SUGGEST THE WAVE IS INTERMEDIATE C OF PRIMARY B WAVE ,IN FACT BOTH COUNTS ARE ADMISSIBLE
LET‘S DOWN TO THE 4H CHART TO VIEW MORE DETAILS(GRAPH 2) AS I STATED ABOVE THE 5 WAVE UP HAS BEEN IN PROGRESS SINCE MARCH LOWS AND IS STILL UNFOLDING
BUT I CAN SAY SILVER‘S RALLY IN THE LATTER STAGES
IF U WANNA TO BE IN TRADE U SHOULD WAIT PULLBACK OF FOURTH WAVE (RED COLOR) AT AROUND 24.20$ TO UPSIDE TARGET HAS A ROUGH ESTIMATE OF 30-31.5 RANGE
