IMHO, Silver looks at the fag end of (B) with low of 13.97 in August 2015 {79.1% of (A) done} & likely to get support from TL from 5.52-8.41 rising projection around 12.8 ; let us watch for termination .
Here is a closer views in a 150 candles from same Data : a wedge & triple bottom is being observed
(C) wave is estimated to give a minimum of 61.8% of (A) { 27.97 } to a very higher value in the next up move.
In the next chart, we are viewing moves more closely in 12 hourly chart; notice fall from 17.77 to 14.38 was retraced to the extent of 38.2% , and a divergence between chart & Macd , & duely falling with crossing of the zero line. Let us wait price action.
(C) wave is estimated to give a minimum of 61.8% of (A) { 27.97 } to a very higher value in the next up move.
