by Lara | Nov 18, 2018 | Silver |
Last weekly analysis of Silver expected more downwards movement. This is what has happened. Summary: Silver has had a very long consolidation from about November 2016 to July 2017. A technical principle is the longer price consolidates, the stronger and longer lasting...
by Lara | Nov 11, 2018 | Silver |
Friday saw price break out from an identified consolidation zone. This favours the first Elliott wave count. Summary: The consolidation for a fourth wave looks likely to be over. Friday saw a downwards breakout with support from volume. The next short-term target is...
by Lara | Nov 3, 2018 | Silver
Price remains range bound again this week. Volume still suggests the same direction for a breakout, which may come next week. Summary: Price continues to consolidate with resistance about 14.95 and support about 14.25. Look for an upwards breakout, which may now...
by Lara | Oct 29, 2018 | Silver
The consolidation continues. The breakout direction is expected to be the same. Summary: Price continues to consolidate with resistance about 14.95 and support about 14.25. Look for an upwards breakout now most likely next week but possibly the week after. There is...
by Lara | Oct 21, 2018 | Silver
Upwards movement was expected for the week. The weekly candlestick closes green with a higher high and a higher low, which fits expectations. Summary: Price has consolidated with resistance about 14.95 and support about 14.25. Look for an upwards breakout either next...
by Lara | Oct 13, 2018 | Silver
Price remains range bound. This week On Balance Volume gives an important signal. Summary: Look now for price to bounce higher to test resistance about 15.65 – 15.75. The bounce may last a few more weeks. On Balance Volume gives a strong bullish signal this...
by Lara | Oct 6, 2018 | Silver
Upwards movement was expected for Silver for the week, which is what has happened. Summary: Look now for price to bounce higher to test resistance about 15.65. The bounce may last several weeks. The larger trend remains down until proven otherwise. Monthly charts were...
by Lara | Sep 29, 2018 | Silver
Last week expected to see Silver either consolidate sideways or bounce higher. Upwards movement is not unexpected. Summary: Look now for price to bounce higher to test resistance about 15.65. The bounce may last several weeks. The larger trend remains down until...
by Lara | Sep 22, 2018 | Silver
A bounce was expected to begin this week. Price has moved higher for the week as expected. Summary: Look now for price to either consolidate sideways or bounce higher. The larger trend remains down until proven otherwise. Monthly charts are reviewed in this analysis....
