Alternate wave count (purple): I'm thinking this wave count in silver may need adjusting....ie. reducing the current red circled waves by 1 degree. This would turn the current wave 5 (red circled) into wave 3 (purple circle), leaving it with the need to trace out a 4th and 5th (purple) before completing the down correction, which would ultimately represent the completion of waves c, (y), and ii (circled) in that order of degree. Wave 4 (purple) may even get a bit triangle-ish which would give silver more time to sync up with gold (which also seems to have more downside...see link below for gold count)
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DownUnder
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that was an unexpected drop
Anarchomania
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Not really....just wave 5 beginning. Purple line is just indicative of the wave count...don't read too much into the amplitude, it's just to indicate roughly where we are in the larger trend.
Anarchomania
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Also note that wave 4 could still be underway! It may form a triangle (sideways) in order to give gold more time to reach a bottom. That view would make this current drop wave (b) of an a-b-c-d-e triangle...