by Lara | Oct 5, 2019 | Silver
Last week’s analysis expected a pullback to continue towards a target at 16.86. The week saw price move lower to 16.897, just 0.037 short of the target. Summary: Upwards movement may now resume towards a target at 21.375. This target may be met in about 8 or 13...
by Lara | Sep 27, 2019 | Silver
Downwards movement was again expected as overall for Silver. The week ended strongly lower with a red candlestick with a long upper wick. Summary: A large multi-week pullback looks likely to continue. Look for support at the lower edge of the Elliott channel on the...
by Lara | Sep 20, 2019 | Silver
Overall, downwards movement was expected for the week for Silver. An inside week sees price move sideways, remaining constrained within support and resistance. Summary: A trend change to a large multi week consolidation looks highly likely to have begun. Look for...
by Lara | Sep 14, 2019 | Silver
Downwards movement was expected for the week for Silver. This is exactly what has happened. Summary: A trend change to a large multi week consolidation looks highly likely to have begun. The target for support is now at 16.59. Monthly charts were last updated here....
by Lara | Sep 9, 2019 | Silver
A trend change was expected for Silver. Instead, it made a new high this week. Both weekly and daily charts now have candlestick patterns which suggest the next direction. Summary: A trend change to a large multi week consolidation looks highly likely to have begun....
by Lara | Sep 1, 2019 | Silver
Again, last week’s analysis expected more upwards movement. The first target was at 18.03, the next at 18.70. Price reached a high at 18.615 for the week. Summary: A trend change to a large multi week consolidation looks most likely to have begun at this week’s high....
by Lara | Aug 24, 2019 | Silver
Last week both Elliott wave counts expected more upwards movement, which is what has happened. Summary: The next Elliott wave target is at 18.03. A classic analysis target calculated from the pennant pattern is at 18.70. Monthly charts were last updated here. ELLIOTT...
by Lara | Aug 18, 2019 | Silver
Last analysis expected more upwards movement this week for both Elliott wave counts. This is what has happened. Summary: If price makes a new high by any amount at any time frame above 17.680, then only the very bullish Elliott wave count would remain. The target...
by Lara | Aug 9, 2019 | Silver
An upwards breakout continues the upwards trend. Both Elliott wave counts expect the same direction for the short term next week. Summary: If price makes a new high by any amount at any time frame above 17.680, then only the very bullish Elliott wave count would...
