Silver: I Like to Move It, Move It!I like to move it, move it,
I like to move it, move it,
I like to move it, move it,
We like to move it !
You were bouncing along – admit it! Silver, at any rate, is shaking its booty to the beat, while continuing to move upwards. It should keep up the party mood and hop above the resistance at $20.84 to enter the upper turquoise zone between $20.94 and $22.42, where it should finish wave v in turquoise as well as wave 3 in green. After the subsequent countermovement in the course of wave 4 in green, silver should resume the overarching ascent.
However, there still is a 40% chance that silver could lose its rhythm and drop below the support at $18.88, which would then result in a detour below the next support at $18.01 and through the orange zone between $17.46 and $15.33.
