Tag Archives: how will the silver do in 2016

SILVER Elliott Wave Technical Analysis – 24th December, 2016

Silver has moved lower on light and declining volume since last analysis three days ago.

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SILVER Elliott Wave Technical Analysis – 21st December, 2016

Price has moved lower as the main Elliott wave count expected, but only slightly. The confirmation / invalidation point remains the same.

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SILVER Elliott Wave Technical Analysis – 15th December, 2016

A new low below 16.652 confirmed a more bearish second alternate Elliott wave count and invalidated the first two Elliott wave counts.

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SILVER Elliott Wave Technical Analysis – 24th November, 2016

Another downwards week leaves all three Elliott wave counts valid, but one looking extremely unlikely.

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SILVER Elliott Wave Technical Analysis – 10th November, 2016

Last week expected an upwards trend was in place.

Price continues higher as expected.

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SILVER Elliott Wave Technical Analysis – 3rd November, 2016

Price has broken out of a small consolidation upwards, not downwards. The wave count is changed.

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SILVER Elliott Wave Technical Analysis – 28th October, 2016

Again, a downwards breakout from a consolidation was expected and has not yet happened.

Price continues sideways within a small range finding support right at the trend line on the daily chart.

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SILVER Elliott Wave Technical Analysis – 20th October, 2016

Last Elliott wave analysis expected downwards movement for both wave counts. This is not what happened. Price has moved slowly higher over the week.

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SILVER Elliott Wave Technical Analysis – 13th October, 2016

More downwards movement was expected for the short term for Silver.

So far Silver has moved slightly lower.

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SILVER Elliott Wave Technical Analysis – 6th October, 2016

Upwards movement from Silver was expected.

Price broke below the trend line and then breached the invalidation point.

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