by Lara | Jul 27, 2017 | Silver
Last week’s Elliott wave analysis expected upwards movement to continue to about 17.30 in the first instance. So far upwards movement has continued as expected, reaching 0.56 short of the first target. Summary: Upwards movement should still continue to about...
by Lara | Jul 5, 2017 | Silver |
An upwards swing was expected but did not happen. Summary: Silver is range bound with support about 16.05 – 15.70 and resistance about 18.55 – 18.65. It looks likely that a downwards breakout may be imminent for Silver. New updates to this analysis are in...
by Lara | Jun 22, 2017 | Silver |
Last analysis expected downwards movement, which is what has happened. Members who took last week’s trading advice to enter short on the bounce of the 14th of June should now have profitable positions. Advice is given this week on how to manage those profitable...
by Lara | Jun 8, 2017 | Silver
Again, price remained within the channel on the first daily chart. There is as yet no confirmation of a trend change. Summary: Use the pink Elliott channel on the first daily chart. If price breaks below the channel, expect the next wave down has begun. Stops may be...
by Lara | Jun 1, 2017 | Silver
Price remained within the channel on the daily chart, so more upwards movement was allowed. With no channel breach, there is no indication of a trend change. Summary: Use the pink Elliott channel on the first daily chart. If price breaks below the channel, expect the...
by Lara | May 24, 2017 | Silver
Downwards movement was expected for the last week from Silver. Price has moved higher. Summary: Use the pink Elliott channel on the first daily chart. If price breaks below the channel, expect the next wave down has begun. Stops may be set just above the last swing...
by Lara | May 18, 2017 | Silver |
After publication of last week’s analysis price broke above the channel on the 2 hourly chart, indicating a trend change. The 0.382 and 0.618 Fibonacci ratios were targets. Price rose up to 17.027, just 0.025 of the 0.382 Fibonacci ratio. Summary: A bounce may...
by Lara | May 10, 2017 | Silver
Last week’s analysis provided a trend channel on the 2 hourly chart and advised to assume the downwards trend remained while price remained within the channel. This is what has happened so far. Summary:Price remains within the channel. If it breaks above, then...
by Lara | May 5, 2017 | Public Analysis, Silver
Last week’s analysis expected it was fairly likely price may continue to fall at least slightly below 16.82. This is what has happened. Summary: Assume the trend remains the same until proven otherwise. Draw a channel about downwards movement on an hourly chart...