Market Analysis for May 22nd, 2018

Silver is looking strong; as long as 16.465 SI holds wave (iii) of C up seems to be a reasonable count targeting to 17.84 area.
Below 16.465 lower low still may be seen.

BaseCase - SI - 1 hr - 22-05-2018 - 1
BaseCase - SI - 1 hr - 22-05-2018 - 1
BaseCase - SI - 4 hr - 22-05-2018 - 1
BaseCase - SI - 4 hr - 22-05-2018 - 1
Arkady Yakhnis provides extensive coverage on precious metals, energy, and forex at ElliottWaveTrader.