by Lara | Mar 29, 2019 | Silver
Last week’s analysis expected a downwards trend to resume, which is exactly what has happened. Summary: 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 analysis are in bold....
by Lara | Mar 23, 2019 | Silver |
The bounce continued for the week. Price has remained below the invalidation point on the main daily Elliott wave count. Summary: The downwards trend may now resume. The short-term target is at 13.524. The long-term target remains at 10.05. Monthly charts were...
by Lara | Mar 17, 2019 | Silver
A target for the bounce to end was at 15.70. Price did continue higher for the week, but only to 15.517. Summary: The downwards trend may have resumed from Thursday’s high. A new short-term target is at 13.422. The long-term target remains at 10.05. Monthly...
by Lara | Mar 10, 2019 | Silver |
More downwards movement was expected for the week for Silver after a small consolidation. Price did continue lower before reversing. Summary: A target for this bounce to end is about 15.70. The bounce may last a few to several days. Thereafter, a downwards trend may...
by Lara | Mar 3, 2019 | Silver
Downwards movement was expected for the week for Silver, which is exactly what has happened. Summary: Downwards movement is expected again for next week. A possible small consolidation may unfold sideways for a very few days first. The next target is now at 10.05....
by Lara | Feb 24, 2019 | Silver
A very slight new high for the week sees targets slightly adjusted for Silver. The short-term expectation for next week’s direction is the same for both Elliott wave counts. This is supported by classic technical analysis. Summary: Downwards movement is expected...
by Lara | Feb 17, 2019 | Silver
Last week’s analysis for Silver expected more downwards movement. A lower low and lower high for the week fits expectations. Summary: A trend change may have occurred for Silver. Reasonable confidence in a trend change may be had with a new low below 15.169. The...
by Lara | Feb 9, 2019 | Silver |
Last week’s analysis for Silver warned of a possible trend change. Price has moved lower this week, which was expected. Summary: A trend change may have occurred for Silver. Confidence in a trend change may be had with a breach of the channel on the daily chart...
by Lara | Feb 3, 2019 | Silver |
A target for upwards movement to end was at 16.13 to 16.23. The high for this week is 16.166, within the target zone. Summary: A trend change may have occurred for Silver on Thursday. Confidence in a trend change may be had with a breach of the channel on the daily...