Silver - the next gold?

Hello Friends 😁

After the peak in April 2023, it XAGUSD has been declining throughout the year until now. I assume that this is a complex correction. In the A-B-C-W-X-Y correction, there is a nice A-B-C-D-E correction. The E wave should have completed the entire correction, and ideally, it should not fall back to the previous level.

I believe we are in a minor Wave (ii) of an encircled Wave iii. I expect that after the small correction that is coming now, we will see an increase to at least $25.

Bye 🫡