Price has moved lower for the week exactly as the last analysis expected.

The upper edge of the channel on the daily chart continues to provide resistance.

Continue reading SILVER: Elliott Wave and Technical Analysis | Charts – May 17, 2019 →

An inside week closes red. Downwards movement was expected for this week, which is mostly what has happened.

Continue reading SILVER: Elliott Wave and Technical Analysis | Charts – May 10, 2019 →

Overall, more downwards movement was expected for the main Elliott wave count. This is mostly what has happened, although the week closed as an outside week.

Continue reading SILVER: Elliott Wave and Technical Analysis | Charts – May 3, 2019 →

Downwards movement was again expected for the week. An outside week completes, with the bounce at the end of the week remaining below the Elliott wave invalidation point.

Continue reading SILVER: Elliott Wave and Technical Analysis | Charts – April 26, 2019 →

Downwards movement was expected for the week. A lower low and a lower high fits this expectation.

Continue reading SILVER: Elliott Wave and Technical Analysis | Charts – April 19, 2019 →

A small bounce was expected to begin for this week, which is exactly what has happened.

Continue reading SILVER: Elliott Wave and Technical Analysis | Charts – April 12, 2019 →

Last week’s analysis expected more downwards movement for Silver. A lower low and a lower high for the week meet this expectation.

Continue reading SILVER: Elliott Wave and Technical Analysis | Charts – April 5, 2019 →

Last week’s analysis expected a downwards trend to resume, which is exactly what has happened.

Continue reading SILVER: Elliott Wave and Technical Analysis | Charts – March 29, 2019 →

The bounce continued for the week. Price has remained below the invalidation point on the main daily Elliott wave count.

Continue reading SILVER: Elliott Wave and Technical Analysis | Charts – March 22, 2019 →

A target for the bounce to end was at 15.70. Price did continue higher for the week, but only to 15.517.

Continue reading SILVER: Elliott Wave and Technical Analysis | Charts – March 15, 2019 →

More downwards movement was expected for the week for Silver after a small consolidation. Price did continue lower before reversing.

Continue reading SILVER: Elliott Wave and Technical Analysis | Charts – March 8, 2019 →

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

Continue reading SILVER: Elliott Wave and Technical Analysis | Charts – March 1, 2019 →

A very slight new high for the week sees targets slightly adjusted for Silver. The short-term expectation for next week’s direction is the same for both Elliott wave counts. This is supported by classic technical analysis.

Continue reading SILVER: Elliott Wave and Technical Analysis | Charts – February 22, 2019 →