SILVER (XAG/USD): 12 AUG, 2025 | ELLIOTT WAVE ANALYSISSILVER (US$/OZ)TVC:SILVERShaneHuaConclusion: The C-red wave may be moving lower. Bottom line: The C-red wave is pushing down to the nearest target at 37.07 or possibly lower, depending on the price action reaction at that level. On the other hand, the ALT alternate wave count depicted on the chart is gaining weight. But in the short term, the ALT view is likely to also move to 37.07. Then, if it moves higher above 38.50, it will trigger the ALT scenario. Invalidation Point: 39.52 ©By Hua Chi Cuong (Shane), CEWA-M | Certified Elliott Wave Analysis - Master Level.