I posted the below chart back in August in the ARD chart thread....

I posted the below chart back in August in the ARD chart thread. Technically, 3.6c is the 1.618 fib extension of wave 3 of iii and could be the upside for this move, but, there is always a chance we get a 2.618 extension which targets 5c before the next correction.

In 2020, the US election triggered corrections in PMs and the USD. PMs bottomed in early December whereas the USD did not bottom until October 2021. Noting that a corrective wave 4 of iii during November would fit in with 2020, that would mean that wave 5 of iii would take PMs up into the Xmas / NY period with a falling USD. Wave 5s are the most powerful waves in commodities which normally create the blow off tops that PMs are renown for. Then we should get the wave iv correction before heading off in the final wave v rally that could see PMs topping in late 2025 or early 2026 before a meaningful correction takes place, all whilst the USD is undergoing a significant correction. The wave 5 of v would trigger the blow off top at prices that will surprise most. Expect 5 to 10 baggers for silver juniors with good fundamentals. The correction after this wave v is at one higher degree higher than the correction that occurred in PMs from 2020 to 2022 which retraced 62% of the prior impulse wave.

Something to keep in the back of your mind.