2021-02-02

SILVER

IN THE NAME OF ALLAH THE MOST GRACIOUS THE MOST MERCIFUL
AS WE SEE ON DIAGRAM 1. DECLINE OF HIGH OF $30 LAST AUG TO THE BOTTOM OF $21.87 WAS THE MINOR FOURTH WAVE UNFOLDED IN TRIPLE ZIGZAG. BUT THERE IS AN ALTERNATE SCENRIO ,IM LEANING TOWARDS IT THAT , THE MINOR FOURTH WAVE COMPLETED AS A TRIANGLE, THEN PRICE RALLIED TO $30.35 AS WEVE ONE OF THE MINOR FIFTH WAVE,WHICH IS EXPECTED TO BE PROLONGED IN THAT CASE
BUT IF THE DECLINE GOES DOWN BELOW $24.68 MORE LIKELY FIFTH WAVE IN PLACE THEN PRICES MAY HAVE GOTTEN INTO A DEEP CORRECTION AS WAVE 2 OR  EXTREMLY FALLING  IF IT‘S  THE PRIMARY C WAVE