by Lara | May 14, 2018 | Lara's Weekly, Silver
A pullback was expected for the short term. Thereafter, upwards movement has resumed. 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%...
by Lara | May 6, 2018 | Lara's Weekly, Silver
An upwards week was expected from last analysis. The week began with a move lower, which hit support, and then bounced strongly from there to complete a long legged doji candlestick. Summary: At the daily chart level, weakness in the last two upwards days suggests a...
by Lara | Apr 29, 2018 | Lara's Weekly, Silver |
The upwards breakout noted last week has turned out to be false. Price is back within the consolidation zone. Summary: There is more support from volume for upwards movement. Look out for another upwards breakout next week. A new high now above 17.331 would offer...
by Lara | Apr 21, 2018 | Lara's Weekly, Silver |
For the short term, a downwards swing within a consolidation was expected and overall an upwards breakout looked more likely thereafter. The upwards breakout has come sooner than expected. Summary: Wednesday was a classic upwards breakout above resistance with support...
by Lara | Apr 14, 2018 | Lara's Weekly, Silver |
A bounce was again expected. Price has made a new high this week so far. The target is not yet met. Summary: Silver remains range bound. Volume now suggests an upwards breakout may be more likely than downwards. Resistance is about 16.810 – 16.950 and support is...
by Lara | Apr 7, 2018 | Lara's Weekly, Silver
A bounce was again expected, but price continues to move overall sideways. Summary: Look for a bounce to continue to reach above 16.961. The bounce may slightly overshoot resistance to end about 17.109. Thereafter, a new big downwards trend may develop. A new high...
by Lara | Mar 30, 2018 | Silver |
A bounce was expected to continue. Price began the week to make new highs and thereafter a pullback has remained above the short term invalidation point. Summary: Look for a bounce to continue to reach above 16.961. The bounce may slightly overshoot resistance to end...
by Lara | Mar 22, 2018 | Silver |
A little more downwards movement to end within the range of 16.173 to 15.874, or at target 16.093, was expected before a trend change. Price moved slightly lower, turning at 16.106, within the range and just 0.013 above the target. Summary: Look for a bounce to...
by Lara | Mar 17, 2018 | Silver
All three Elliott wave counts remain valid. Classic analysis favours the main Elliott wave count. Summary: Classic analysis favours the main bearish Elliott wave count. Look for a little more downwards movement early next week to be followed by a bounce to about...
