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SILVER Elliott Wave Technical Analysis – 9th March, 2016

Last week’s analysis expected upwards movement from Silver, which is what happened. Summary: The trend remains up. The target for the next interruption to the trend remains at 16.802. New updates to this analysis are in bold. WEEKLY WAVE COUNT Click chart to...

SILVER Elliott Wave Technical Analysis – 2nd March, 2016

Last week expected the correction for Silver to end in four daily candlesticks at the most, at 15.069 – 15.063. The correction may have ended in three days at 14.607. Summary: The trend for Silver should still be up. A correction against the trend may have ended...

SILVER Elliott Wave Technical Analysis – 24th February, 2016

Last week expected a correction to end soon. The correction has continued for the entire week. Summary: The trend is up. Silver should end a correction very soon, a further four daily candlesticks at the most. With the Elliott channel breached, a simple trend line is...

SILVER Elliott Wave Technical Analysis – 17th February, 2016

Last week’s analysis expected downwards movement for Silver for a correction. This is what has happened over the last few days. Summary: The trend is up. Silver may end a correction soon. If Silver finds support at the lower trend line on the daily chart, then...

SILVER Elliott Wave Technical Analysis – 3rd February, 2016

Last week’s Silver analysis expected some upwards movement. Again, this is exactly what has happened. Summary: Price should move lower from here. The main wave count expects to see a new low below 13.569, so the alternate would be invalidated below this point....

SILVER Elliott Wave Technical Analysis – 27th January, 2016

Last week’s Silver analysis expected more sideways movement, which is again exactly what has happened. Summary: The correction is closer to completion. Volume from StockCharts indicates the breakout is more likely to be upwards, which favours the alternate wave...