Silver failed impulse wave pattern. Looks more corrective now

Silver failed to move up in what i though was an impulse wave to new highs. Current price action on weekly/daily leads me to believe that action from low is now a corrective wave with (a) complete and (b) in progress. Current price can still drop more with a target of 16.4x. should this play out, i still believe price can go higher but will probably not see heights of original plan. On side until bottom is confirmed