|Gold Daily Chart|
The post triangle thrust is shaping up pretty well. Both the precious metals are expected to stay bid for quite some time now. There is not point to put a target to this up move. It is better keep following the trend, till we are rising in 5 waves and falling in 3. In case of Gold we are already above the minimum thrust measurement so we should be expecting a protracted wave . For silver we are yet to cross the top of wave , that is the minimum target for wave . But again its better to follow that predict.
EWP helps us achieve the golden mean, we can "anticipate", which lies beautifully between following and predicting.
|Silver Daily Chart|