by Lara | Apr 27, 2017 | Silver |
Last week expected the pullback was over but price has kept falling. A new wave count is now the main wave count, which has support from classic technical analysis. Summary: Price is falling hard and this fall may not be over yet. It looks now fairly likely it may end...
by Lara | Apr 20, 2017 | Silver |
Last week expected a small consolidation short term, which is what has happened. Summary: So far, from the low on the 15th of March, price has made a series of higher highs and higher lows at the daily chart level. If the Elliott wave analysis is correct, then the...
by Lara | Apr 14, 2017 | Silver
On Balance Volume gave a signal early in the week that a deeper pullback may unfold. Price found support at the Fibonacci 55 day moving average before turning upwards. Summary: Silver is looking more bullish for the mid term, but short term look for some small...
by Lara | Apr 5, 2017 | Silver
A pullback was expected for Silver. Price continued higher with a small sideways movement during the week. Summary: Watch On Balance Volume carefully for a signal. Silver may have completed a small consolidation; it may not show a deeper pullback now. Silver is in an...
by Lara | Mar 30, 2017 | Silver
Last week expected a pullback to begin for Silver either at the high for the 23rd of March, or very soon. This is not what has happened. Price has continued to move higher. Summary: Identifying when a pullback is going to begin for Silver has proven to be very...
by Lara | Mar 24, 2017 | Silver |
Last week expected a pullback to begin for Silver. Price has edged up slowly all week. Summary: Look out for a small pullback here or very soon for Silver. This may present a good opportunity to join a new upwards trend. If it is deep, look for strong support at the...
by Lara | Mar 17, 2017 | Silver
Last analysis expected a deep pullback was close to complete (the target was at 16.666). Price moved slightly lower to reach 16.831, 0.165 above the target, before turning. Summary: A deep pullback looks likely to be over now and a third wave up looks likely to be...
by Lara | Mar 9, 2017 | Silver
Silver has continued lower over the last few days as expected from last week’s analysis. The target remains the same. Summary: A deeper pullback may be close to complete now. The target is about 16.666. If the Elliott wave count is correct, then this pullback at...
by Lara | Mar 2, 2017 | Silver |
Last week expected a pullback for Silver. Price moved higher for three days. Thereafter, it has turned down strongly. Summary: A deeper pullback has most likely begun. The target is about 16.666. A breach of the channel on the main daily chart would add confidence to...