Thursday, June 4, 2015

Silver readies for bounce

The recent rally to 17.77 completed wave W, as can be seen on this silver chart, and the short term Elliott Wave view suggests wave X pullback is unfolding in the form of a double correction ((w))-((x))-((y)) where wave ((w)) ended at 16.565, wave ((x)) ended at 17.178, and wave ((y)) is currently in progress.



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