Again, last week members were warned to look out for the potential for a short-term pullback. Price has moved to a new swing low, so a new Elliott wave count is developed that has support from volume analysis.
Continue reading SILVER: Elliott Wave and Technical Analysis | Charts – November 8, 2019
Last week members of Elliott Wave Gold were warned to look out for the potential for a short-term pullback before upwards movement resumed. Monday and Tuesday saw price move lower, then the rest of the week saw a recovery exactly as expected.
Continue reading SILVER: Elliott Wave and Technical Analysis | Charts – November 1, 2019
Upwards movement was expected to resume for this week, which is exactly what has happened.
Continue reading SILVER: Elliott Wave and Technical Analysis | Charts – October 25, 2019
A little downwards movement for the week with declining volume leaves both Elliott wave counts unchanged.
Continue reading SILVER: Elliott Wave and Technical Analysis | Charts – October 18, 2019
Monthly Elliott wave charts are updated for Silver.
Continue reading SILVER: Elliott Wave and Technical Analysis | Charts – October 11, 2019
Last week’s analysis expected a pullback to continue towards a target at 16.86. The week saw price move lower to 16.897, just 0.037 short of the target.
Continue reading SILVER: Elliott Wave and Technical Analysis | Charts – October 04, 2019
Downwards movement was again expected as overall for Silver. The week ended strongly lower with a red candlestick with a long upper wick.
Continue reading SILVER: Elliott Wave and Technical Analysis | Charts – September 27, 2019
Overall, downwards movement was expected for the week for Silver. An inside week sees price move sideways, remaining constrained within support and resistance.
Continue reading SILVER: Elliott Wave and Technical Analysis | Charts – September 20, 2019
Downwards movement was expected for the week for Silver. This is exactly what has happened.
Continue reading SILVER: Elliott Wave and Technical Analysis | Charts – September 13, 2019
A trend change was expected for Silver. Instead, it made a new high this week.
Both weekly and daily charts now have candlestick patterns which suggest the next direction.
Continue reading SILVER: Elliott Wave and Technical Analysis | Charts – September 6, 2019
Again, last week’s analysis expected more upwards movement. The first target was at 18.03, the next at 18.70. Price reached a high at 18.615 for the week.
Continue reading SILVER: Elliott Wave and Technical Analysis | Charts – August 30, 2019
Last week both Elliott wave counts expected more upwards movement, which is what has happened.
Continue reading SILVER: Elliott Wave and Technical Analysis | Charts – August 23, 2019
Last analysis expected more upwards movement this week for both Elliott wave counts. This is what has happened.
Continue reading SILVER: Elliott Wave and Technical Analysis | Charts – August 16, 2019