2020-09-30

SILVER UPDATE



IN THE NAME OF ALLAH THE MOST GRACIOUS THE MOST MERCIFUL
AFTER THE SILVER‘S SELL OFF FROM ITS HIGH AT $30, SILVER SNAPBACK  TO ALMOST $29 AS  WAV B OF  MINOR FOURTH WAVE ,SO BREAK BELOW $23.60 CONFIRMED  OUR COUNT AS A FLAT (A-B-C) , C WAVE  IS STILL ONGOING AND THE REBOUND TO 24-25 IS  MINUTTE FOURTH WAVE OF MINUTE C WAVE, ONE MORE PUSH DOWN TO COMPLETE THE IMPLUSIVE SEQUENCE , AND THUS COMPLETING THE MINOR WAVE FOUR 
A SIDE NOTE:- MOST OF TIME WAVE FOUR TAKES A SIDEWAYS AND SHALLOW, BUT HERE IT HAS BEEN RECEDING SO FAR 50% OF THE PREVIOUS THIRD WAVE AND MORE LIKELY WILL REACH TO 61.8% AT ROUGHLY 21, BECAUSE THE SECOND WAVE WAS  SHALLOW, IT JUST RETRACED BY LESS THAN 38.2% OF FIRST WAVE AS SHOWN ABOVE
- MINOR WAVE FOUR WAS A FALT CORRECTION BUT THIS TYPE OF FLAT UNCOMMON IT IS CALLED AN ELONGATED FLAT