4 Feb 2021 ● 03:20 PM
Gold prices have fallen much more than silver because they did not go up and silver did. This may result in an inter-market divergence short-term which can actually be a bullish divergence when and if prices turn up from here. With the dollar making its last push higher gold also should be in its last panic in wave 2 down, and might end up forming a near double bottom close to the low of 1767 which should not get broken. Wave 2 would then be a double zigzag and wave 3 up should follow eventually. Even if this wave count proves wrong we may be in the late stages of this decline.