Select Page

SILVER Elliott Wave Technical Analysis – 14th September, 2018

A bounce was expected to begin last week. Price moved very slightly lower, but overall the week saw mostly sideways movement to print a doji candlestick. Summary: A classic downwards breakout from a very long held consolidation has occurred. The trend is down. Bounces...

SILVER Elliott Wave Technical Analysis – 7th September, 2018

A consolidation was expected for last week, but Silver has moved lower. The trend has been identified as down since the break below support on the 17th of July. Summary: A classic downwards breakout from a very long held consolidation has occurred. The trend is down....

SILVER Elliott Wave Technical Analysis – 31st August, 2018

Silver was expected to again move sideways for the week, which is what has happened. Summary: A classic downwards breakout from a very long held consolidation still looks like it has occurred. The trend is down. Bounces and consolidations may be used as opportunities...

SILVER Elliott Wave Technical Analysis – 24th August, 2018

Last end of week analysis for Silver expected a consolidation to begin. Sideways movement exactly fits this expectation. Summary: A classic downwards breakout from a very long held consolidation still looks like it has occurred. The trend is down. Bounces and...

SILVER Elliott Wave Technical Analysis – 17th August, 2018

Last week’s analysis expected more downwards movement to end before 14.533, about which a bounce or consolidation was expected. Price moved lower as expected, with the expected limit at 14.533 slightly exceeded before a small bounce. Summary: A classic downwards...

SILVER Elliott Wave Technical Analysis – 13th August, 2018

Last week’s analysis for Silver was extremely bearish. Price has consolidated sideways. Summary: A classic downwards breakout from a very long held consolidation still looks like it has occurred, and now a backtest of resistance at prior support may have...

SILVER Elliott Wave Technical Analysis – 3rd August, 2018

Downwards movement was expected. Although Silver has not made a new low below the prior low three weeks ago, it did move lower for the week. Summary: A classic downwards breakout from a very long held consolidation still looks like it has occurred, and now a backtest...

SILVER Elliott Wave Technical Analysis – 27th July, 2018

Last analysis noted Silver had broken below support about 15.65, which had been held for just over a year, and that a small bounce up to resistance at prior support was expected for the week. A small range inside week exactly fits this expectation. Summary: A classic...

SILVER Elliott Wave Technical Analysis – 20th July, 2018

Last analysis noted that Silver had strong support about 15.65. A downwards breakout below long held support was expected as more likely than upwards. Price closed at 15.485 this week, giving a classic downwards breakout. Summary: A classic downwards breakout from a...