Friday saw price break out from an identified consolidation zone. This favours the first Elliott wave count.

Continue reading SILVER: Elliott Wave and Technical Analysis | Charts – 9th November, 2018 →

Price remains range bound again this week.

Volume still suggests the same direction for a breakout, which may come next week.

Continue reading SILVER: Elliott Wave and Technical Analysis | Charts – 2nd November, 2018 →

The consolidation continues. The breakout direction is expected to be the same.

Continue reading SILVER: Elliott Wave and Technical Analysis | Charts – 26th October, 2018 →

Upwards movement was expected for the week. The weekly candlestick closes green with a higher high and a higher low, which fits expectations.

Continue reading SILVER: Elliott Wave and Technical Analysis | Charts – 19th October, 2018 →

Price remains range bound. This week On Balance Volume gives an important signal.

Continue reading SILVER: Elliott Wave and Technical Analysis | Charts – 12th October, 2018 →

Upwards movement was expected for Silver for the week, which is what has happened.

Continue reading SILVER: Elliott Wave and Technical Analysis | Charts – 5th October, 2018 →

Last week expected to see Silver either consolidate sideways or bounce higher. Upwards movement is not unexpected.

Continue reading SILVER: Elliott Wave and Technical Analysis | Charts – 28th September, 2018 →

A bounce was expected to begin this week. Price has moved higher for the week as expected.

Continue reading SILVER: Elliott Wave and Technical Analysis | Charts – 21st 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.

Continue reading SILVER Elliott Wave Technical Analysis – 14th 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.

Continue reading SILVER Elliott Wave Technical Analysis – 7th September, 2018 →

Silver was expected to again move sideways for the week, which is what has happened.

Continue reading SILVER Elliott Wave Technical Analysis – 31st August, 2018 →

Last end of week analysis for Silver expected a consolidation to begin. Sideways movement exactly fits this expectation.

Continue reading SILVER Elliott Wave Technical Analysis – 24th 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.

Continue reading SILVER Elliott Wave Technical Analysis – 17th August, 2018 →