Silver Update 16JUL2026: Final Wave DownSilver FuturesCOMEX_DL:SI1!aibekThis is the remastered chart as market shows itself clearly over time Corrective structure of wave B transformed into ABCDE triangle It was completed at the end of May Large wave C is about to finish soon as it has 4 out of 5 waves completed Although wave 4 still might build some complex structure RSI confirmed wave 3 with Bullish Divergence Wave 5 of C should at least revisit the bottom of wave 3 of C at $55.8 Next downside target area is in the pink box starting with 61.8% Fibonacci ratio of wave A in wave C at $43.7 The bottom of current cycle at $27.5 is the next hard support