Silver futures are coiling, ie they have written three sets of EW one two s, preparing for Waves 1, 3. and 5 in this Wave C of 4... a good thing. C = A at 20.68, about the middle of that consolidation back abt the middle of Nov. hope it makes it!
Now that we have a bit of a bounce, do you still believe we test $17.75 as posted earlier or are you having other thoughts on the wave counts? On the funde side, I can't believe the fiat controllers are going to give up control on either interest rates or PM,s, so I am expecting a retrace. Low volume end of year would make a take down potentially very effective.
Safehaven punctuation commercial has many bearish PM articles that seem to rely primarily on TA data while the positive articles seem to rely on fundemental input. You may want to scan a few articles for some inputs to your thoughts. I have changed my tune to a bearishish outlook near term and then rapidly increasing price action when the heard mentality kicks in.
Yahoo thought police scuttled my first post with the link reference I suspect.