TimStuyts

Silver, setting up a for a great buy

TimStuyts Updated   
FX_IDC:XAGUSD   Silver / U.S. Dollar
12
Silver is correcting in what I expect to be the wave C of the correction. This tends to be the strongest wave of a correction and I like to see a last leg lower towards 16.500 ish.

The higher time frames show the minimum target for the Silver bulls to be 25.00
So there is a lot of potential and I will be looking for the reversal.

Updates will follow
Comment:
Silver seems like it is correcting in a triangle correction for wave 4. I'm still looking for that last leg lower for wave 5.
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