Silver is shown at 57.870 on the four-hour chart, rebounding from approximately 55.50 after breaking the wave (i) low at 58.505. The count places this decline within wave (iii) of c, following wave (ii)’s completion at 61.456. The rebound remains an interruption within the bearish sequence; the projected path allows another push toward approximately 53.50–54.00. A fresh low below 55.50 would support continuation. Exceeding 61.456 would invalidate the current starting point for (iii).
- Trend: Bearish, with a short-term corrective rebound.
- Trading Range: No clearly established sideways range.
- Wave Structure: c developing lower through (i)–(ii)–(iii); (iii) remains unfinished.
- Support: Approximately 55.50; projected area at 53.50–54.00.
- Resistance: 58.505, then 61.456.