by Lara | Mar 8, 2018 | Silver
A new low below 16.173 favours the main Elliott wave count. Volume suggests the breakout direction from a large symmetrical triangle on the weekly chart. Summary: Expect a bounce here to about 17.035 – 17.109. Thereafter, a large downwards wave may develop. A...
by Lara | Mar 1, 2018 | Silver
Price continues to move sideways within a small consolidation. Volume may assist to tell which direction may be most likely for a breakout. Summary: A new low below 16.173 now would indicate an ongoing bear market for Silver. The target would be at 3.858. A bearish...
by Lara | Feb 22, 2018 | Silver
A little more upwards movement was expected before a pullback, but the pullback arrived early. The pullback was expected to last a few days and so far has lasted 4. Summary: A new low below 16.173 now would indicate an ongoing bear market for Silver. The target would...
by Lara | Feb 15, 2018 | Silver
Price has bounced over the last week exactly as last analysis expected it to. Is the bounce now over? Summary: Expect price for the short term to overall continue higher to reach about 17.100. There may be a pullback to last a few days along the way up to the target....
by Lara | Feb 8, 2018 | Silver
Price has broken out of a small consolidation. Both Elliott wave counts remain valid. Summary: Look for a bounce in the short term, which may end about 17.100. But if the bounce takes price above 17.680, then have confidence in an upwards breakout. The target would be...
by Lara | Feb 2, 2018 | Silver
Silver is consolidating. Volume may suggest the breakout direction. Summary: Silver is in a small consolidation. Volume suggests an upwards breakout. The Elliott wave target is at 20.395. A new low below 15.525 would indicate Silver remains in a bear market. The...
by Lara | Jan 26, 2018 | Silver |
A small downwards wave to about 16.686 – 16.617 was expected, then a final last upwards thrust to a new high above 17.330. Price did move lower to reach 16.737, 0.051 short of the target zone, and there it turned to move higher. Summary: The classic analysis...
by Lara | Jan 17, 2018 | Silver |
It is time to step back and look at monthly charts for Silver, including a new alternate that is in line with Gold analysis. Summary: A small downwards wave to about 16.686 – 16.617 is expected, then a final last upwards thrust to a new high above 17.330. At...
by Lara | Jan 11, 2018 | Silver
Last analysis had three Elliott wave counts. One wave count was invalidated with a new high above 16.602, so only two wave counts now remain. Summary: A sideways consolidation and then a short upwards thrust is now expected. The sideways consolidation may last at...
