by Lara | Jul 14, 2018 | Silver
Last week’s analysis expected a small bounce, which did not happen. Volume, RSI and Stochastics are used this week to determine the strength or weakness of this new low. Summary: Silver has been coiling for about a year now. Volume suggests a downwards breakout...
by Lara | Jul 7, 2018 | Silver |
A little more downwards movement was expected from last week’s classic technical analysis. At least four Elliott wave counts remain valid, so classic technical analysis is vital to indicate which one is most likely. Summary: Silver has been coiling for about a...
by Lara | Jul 2, 2018 | Silver |
The main Elliott wave count expected downwards movement to continue for Silver, which is what has happened. Summary: Silver has been coiling for about a year now. Volume suggests a downwards breakout may be more likely; this does not always work, but it does work more...
by Lara | Jun 25, 2018 | Lara's Weekly, Silver
More downwards movement was expected for last week, which is exactly what happened for Silver. The weekly candlestick closed red, with a lower low and a lower high. Summary: Silver has been coiling for about a year now. Volume suggests a downwards breakout may be more...
by Lara | Jun 18, 2018 | Lara's Weekly, Silver
Another upwards week fits the main Elliott wave count. Price moved very strongly lower on Friday but remains above the Elliott wave invalidation point. Summary: Expect more downwards movement for the short term. Support is strong at the lower edge of the base channel...
by Lara | Jun 9, 2018 | Lara's Weekly, Silver
A strong upwards week fits the larger expectations for the preferred Elliott wave count. Summary: The target is at 19.593 or 20.395. Volume and On Balance Volume are both bullish. An upwards breakout from a consolidation zone looks likely to happen within a few weeks....
by Lara | Jun 4, 2018 | Lara's Weekly, Silver
An inside week does not change the overall analysis. For the short term, On Balance Volume suggests what may happen early this week. Summary: The target is at 19.593 or 20.395. Volume and On Balance Volume are both bullish. An upwards breakout from a consolidation...
by Lara | May 27, 2018 | Lara's Weekly, Silver
Last week’s analysis expected an upwards trend to develop. A slightly higher high and a higher low completes a green weekly candlestick, which fits expectations. Summary: The target is at 19.593 or 20.395. Volume and On Balance Volume are both bullish. An...
by Lara | May 20, 2018 | Lara's Weekly, Silver
Silver remains range bound. All Elliott wave counts remain valid. Summary: The target is at 19.593 or 20.395. An upwards trend is expected to develop. Use pullbacks as opportunities to join the trend. Always trade with stops, and invest only 1-5% of equity on any one...
