by Lara | May 6, 2018 | Lara's Weekly, Silver
An upwards week was expected from last analysis. The week began with a move lower, which hit support, and then bounced strongly from there to complete a long legged doji candlestick. Summary: At the daily chart level, weakness in the last two upwards days suggests a...
by Lara | Apr 14, 2018 | Lara's Weekly, Silver |
A bounce was again expected. Price has made a new high this week so far. The target is not yet met. Summary: Silver remains range bound. Volume now suggests an upwards breakout may be more likely than downwards. Resistance is about 16.810 – 16.950 and support is...
by Lara | Apr 7, 2018 | Lara's Weekly, Silver
A bounce was again expected, but price continues to move overall sideways. Summary: Look for a bounce to continue to reach above 16.961. The bounce may slightly overshoot resistance to end about 17.109. Thereafter, a new big downwards trend may develop. A new high...
by Lara | Mar 22, 2018 | Silver |
A little more downwards movement to end within the range of 16.173 to 15.874, or at target 16.093, was expected before a trend change. Price moved slightly lower, turning at 16.106, within the range and just 0.013 above the target. Summary: Look for a bounce to...
by Lara | Mar 17, 2018 | Silver
All three Elliott wave counts remain valid. Classic analysis favours the main Elliott wave count. Summary: Classic analysis favours the main bearish Elliott wave count. Look for a little more downwards movement early next week to be followed by a bounce to about...
by Lara | Mar 8, 2018 | Silver
A new low below 16.173 favours the main Elliott wave count. Volume suggests the breakout direction from a large symmetrical triangle on the weekly chart. Summary: Expect a bounce here to about 17.035 – 17.109. Thereafter, a large downwards wave may develop. A...
by Lara | Feb 22, 2018 | Silver
A little more upwards movement was expected before a pullback, but the pullback arrived early. The pullback was expected to last a few days and so far has lasted 4. Summary: A new low below 16.173 now would indicate an ongoing bear market for Silver. The target would...
by Lara | Feb 15, 2018 | Silver
Price has bounced over the last week exactly as last analysis expected it to. Is the bounce now over? Summary: Expect price for the short term to overall continue higher to reach about 17.100. There may be a pullback to last a few days along the way up to the target....
by Lara | Feb 8, 2018 | Silver
Price has broken out of a small consolidation. Both Elliott wave counts remain valid. Summary: Look for a bounce in the short term, which may end about 17.100. But if the bounce takes price above 17.680, then have confidence in an upwards breakout. The target would be...
