Silver - Three drives perhaps ?

Silver daily chart poses an interesting question of whether we are beginning the last of a 3 drives pattern ? Each of the previous two drives lower have been of almost identical lengths and harmonic symmetry. 61.8//70.7 retracements followed by an extension lower to the 141.4 // 1.618 reciprocal target zone.

With price now unable to maintain the Daily 200 Sma, after what looks to be a false breakout to the topside of the Daily down channel, price should accelerate lower toward the ideal target of 20.04 once we establish a clean break and close under the 26 Ema..

Taking a look at the Gold chart we can clearly see that there is definitely some solid evidence to the idea of a large move lower coming.