by Lara | Feb 23, 2017 | Silver
Last week expected a pullback for Silver. Price has so far for the week moved sideways, with a lower high and a lower low. Summary: A deeper pullback is possible here. If price breaks below the lower edge of the base channel on the alternate daily chart, then expect a...
by Lara | Feb 16, 2017 | Silver |
Last week again expected upwards movement for Silver, which is again what has happened. Summary: Look for support for a pullback here at the lower edge of the blue base channel on the daily chart. If price again comes down to touch that line, use it as an opportunity...
by Lara | Feb 8, 2017 | Silver |
Last week expected that upwards movement would continue for Silver. This is exactly what has happened. Summary: The target for upwards movement is at 18.33. New updates to this analysis are in bold. Last monthly chart is here. ELLIOTT WAVE COUNT WEEKLY CHART Click...
by Lara | Feb 2, 2017 | Silver |
An important trend line has been breached. Summary: It looks like the correction for Silver may have been surprisingly brief and shallow. The target for upwards movement is at 18.33. If price breaks below 16.651, then a deeper pullback to 16.260 should be expected....
by Lara | Jan 26, 2017 | Public Analysis, Silver
Last analysis expected that a correction had begun for Silver. Price has moved lower for the week as expected, finding strong resistance so far at the upper trend line. Summary: A deep correction may have begun now for Silver. The target is 16.26, but not below...
by Lara | Jan 20, 2017 | Silver
The main Elliott wave count was confirmed when Silver made a new high above 17.220 and the alternate Elliott wave count was invalidated. There is only one Elliott wave count now left for Silver at this time. Summary: A deep correction may have begun now for Silver....
by Lara | Jan 11, 2017 | Silver |
Silver has moved higher with some support from volume. The Elliott wave counts are the same. Summary: Silver is most likely in a new upwards trend. This would be confirmed with a new high above 17.220. The target is at 23.131. In the short term, look out for a deep...
by Lara | Dec 24, 2016 | Silver |
Silver has moved lower on light and declining volume since last analysis three days ago. Summary: A bear flag pattern completed. The target using the measure rule is 14.00. However, a very bullish hammer candlestick may indicate a trend change. New updates to this...
by Lara | Dec 21, 2016 | Silver |
Price has moved lower as the main Elliott wave count expected, but only slightly. The confirmation / invalidation point remains the same. Summary: A bear flag pattern completed. The target using the measure rule is 14.00. However, today a very bullish hammer...