Tag Archives: how will the silver do in 2017

SILVER Elliott Wave Technical Analysis – 22nd June, 2017

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 positions.

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SILVER Elliott Wave Technical Analysis – 18th May, 2017

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.

Continue reading SILVER Elliott Wave Technical Analysis – 18th May, 2017

SILVER Elliott Wave Technical Analysis – 10th May, 2017

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.

Continue reading SILVER Elliott Wave Technical Analysis – 10th May, 2017

SILVER Elliott Wave Technical Analysis – 14th April, 2017

On Balance Volume gave a signal early in the week that a deeper pullback may unfold. Price found support at the Fibonacci 55 day moving average before turning upwards.

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SILVER Elliott Wave Technical Analysis – 5th April, 2017

A pullback was expected for Silver. Price continued higher with a small sideways movement during the week.

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SILVER Elliott Wave Technical Analysis – 30th March, 2017

Last week expected a pullback to begin for Silver either at the high for the 23rd of March, or very soon. This is not what has happened. Price has continued to move higher.

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SILVER Elliott Wave Technical Analysis – 23rd March, 2017

Last week expected a pullback to begin for Silver. Price has edged up slowly all week.

Continue reading SILVER Elliott Wave Technical Analysis – 23rd March, 2017