Interesting that this pattern got smoked. It was a very nice set up!
Still calling this a ‘b’ so we now have 5 waves down in a C-wave. That was a pretty deep retracement so this one might be tricky but, again, I believe this is a corrective move occurring and we are going to want to get long Silver again.
Lower is in the cards if/when we break thru (to the downside) the grey top trend line.
Let’s see if the ‘old resistance’ (that was projected) shown by the red zone that it blew thru is ‘new support’ – the green zone.
