Silver has just broken out from a trendline via it's 3rd wave EW move. However, it is clear that Silver is the weaker sister of Gold. What this means is "nothing". We will not know if because of it being oversold, will it outperform Gold soon?
Given that Silver is also in wave 4, I suggest a strategy similar to that of Gold. We want to get on the PM train for the 5th wave.
Below is the chart of Silver (Broker: Oanda).