Daily Update: This is probably an important update as there is a strong upside conviction

 This is a MEDIUM TERM update

Silver remains in a slow consolidation phase with lower bulk buyers

 Silver remained directionless in a tight range of  37.90-38.70.

 Silver is showing signs of breaking out higher after a pull back

 Silver has recovered sharply in the last 2 trading days with the recovery extending to $38.83

 Spot Silver counts have been invalidated after the sharp drop in the prices

 Spot Silver Elliott Wave count suggests that the reversal zone is nearing

There has been a change in our silver count after the failure of the diamond pattern

 Silver looking extremely bullish with the strongest known pattern, diamond pattern, is in the breaking

 Spot Silver has been on the higher side after ending yesterday's pullback ended at 18.18.

it is forcasted that the silver gains are going to outperform gold gains it is forcasted that the silver gains are going to outperform gold gains it is forcasted that the silver gains are going to outperform gold gains it is forcasted that the silver gains are going to outperform gold gains it is forcasted that the silver gains are going to outperform gold gains.