Update: 13th Sept:
The daily chart for this bull trend shows the end point of the resources cycle degree correction at II.
Primary wave [1] involved small Intermediate (1) and (2) waves with an extended Intermediate 5th. Primary wave [2] was heavily extended. Primary wave [3] approaches one year duration as it produces a sharp Intermediate wave (4) for alternation with wave (2) which it approximates for size.
The 4-hourly chart gets an appropriate review..
From 10th Sept:
This 4-hourly chart for the spot price of Silver sees this correction as Minute wave [iv] of Minor wave 3 of Intermediate wave (3) of Primary wave [3]. This correction is already well done with some burnt fingers appearing here and there. The chart for Gold has much the same pattern and wave count.
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