The silver correction to the upside yesterday increased it's pace.
Some what this is a kind (rare but possible) of alternation, is more common find the fast A and slow C but given the long and strong decline is understandable to find a dubitative A impulsive wave (taking then the shape of a leading diagonal) and be followed by a more decisive impulse taking therefore the shape of fast impulse.
On the other hand if the strength keeps developing then a new impulse to the upside could be in place and the last fast impulse be the wave 3.
Given the context this last scenario is the less probable.
Some what this is a kind (rare but possible) of alternation, is more common find the fast A and slow C but given the long and strong decline is understandable to find a dubitative A impulsive wave (taking then the shape of a leading diagonal) and be followed by a more decisive impulse taking therefore the shape of fast impulse.
On the other hand if the strength keeps developing then a new impulse to the upside could be in place and the last fast impulse be the wave 3.
Given the context this last scenario is the less probable.
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Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.