by Lara | Jun 2, 2019 | Silver |
The channel on the daily chart is mostly showing about where bounces have found resistance so far. Price remains below the invalidation point. Summary: A series of lower highs will remain intact while price remains below 14.990. A breach of 14.990 would produce a...
by Lara | May 26, 2019 | Silver
Downwards movement was expected from Silver this week, and a lower low and lower high fits this expectation. A strong bounce at the end of the week remains within the channel identified on the daily chart. Summary: The short-term target is at 13.524. Look for bounces...
by Lara | May 19, 2019 | Silver |
Price has moved lower for the week exactly as the last analysis expected. The upper edge of the channel on the daily chart continues to provide resistance. Summary: The short-term target is at 13.524. Look for bounces to continue to find resistance at the upper edge...
by Lara | May 12, 2019 | Silver
An inside week closes red. Downwards movement was expected for this week, which is mostly what has happened. Summary: The short-term target is at 13.524. Look for bounces to continue to find resistance at the upper edge of the best fit channel on daily charts. The...
by Lara | May 5, 2019 | Silver
Overall, more downwards movement was expected for the main Elliott wave count. This is mostly what has happened, although the week closed as an outside week. Summary: The main Elliott wave count expects downwards movement from here, but the short-term volume profile...
by Lara | Apr 26, 2019 | Silver
Downwards movement was again expected for the week. An outside week completes, with the bounce at the end of the week remaining below the Elliott wave invalidation point. Summary: A bounce may continue a little higher here. The highest possibility for it to end may be...
by Lara | Apr 21, 2019 | Silver
Downwards movement was expected for the week. A lower low and a lower high fits this expectation. Summary: The downwards trend should now resume. Look out for the possibility of strong downwards momentum ahead. The short-term target is at 13.524. The long-term target...
by Lara | Apr 13, 2019 | Silver
A small bounce was expected to begin for this week, which is exactly what has happened. Summary: The downwards trend should now resume. The short-term target is at 13.524. The long-term target remains at 10.05. Monthly charts were reviewed here. New updates to this...
by Lara | Apr 6, 2019 | Silver
Last week’s analysis expected more downwards movement for Silver. A lower low and a lower high for the week meet this expectation. Summary: A small bounce may begin the next week. Thereafter, the downwards trend should resume. The short-term target is at 13.524....
