Silver is looking like it has finished its Wave B/2 with a ending diagonal. We broke the top trendline giving us a indication that the correction has possibly ended. If this proves to be a Wave C then we should see rallies not much higher then the wave A high. If this proves to be a wave 3 we should see rallies much much higher. I believe that the most intelligent approach would be a stop below the current short term low with no take profit. Let silver decide how high it wants to rally. A moving stop loss would ensure maximum profits.
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