by Lara | Aug 9, 2017 | Silver
A pullback continued as expected from last analysis. Summary: In the short term, look out for a little more upwards movement. After that look out for a downwards swing to about 15.830. New updates to this analysis are in bold. Last monthly chart is here. ELLIOTT WAVE...
by Lara | Aug 2, 2017 | Silver
Upwards movement continued at the start of the week towards the target. After almost reaching the target on the second Elliott wave count, and finding resistance at its channel, Silver has turned down. Summary: A pullback may have begun for Silver. If the blue Elliott...
by Lara | Jul 27, 2017 | Silver
Last week’s Elliott wave analysis expected upwards movement to continue to about 17.30 in the first instance. So far upwards movement has continued as expected, reaching 0.56 short of the first target. Summary: Upwards movement should still continue to about...
by Lara | Jul 19, 2017 | Silver
Last analysis expected a new low to 15.17 before a trend change. There was no new low, but there has been a bounce. Summary: Upwards movement should continue to about 17.30 in the first instance. However, weakness in volume and range does not support the new upwards...
by Lara | Jul 13, 2017 | Silver |
Last analysis expected a downwards breakout below support at 16.05 – 15.70. This happened on the 7th of July. Summary: Expect a new low. The Elliott wave target is at 15.17. Thereafter, expect a trend change and an upwards wave that should last weeks. New...
by Lara | Jul 5, 2017 | Silver |
An upwards swing was expected but did not happen. Summary: Silver is range bound with support about 16.05 – 15.70 and resistance about 18.55 – 18.65. It looks likely that a downwards breakout may be imminent for Silver. New updates to this analysis are in...
by Lara | Jun 29, 2017 | Public Analysis, Silver
Stops should have been set just above 16.726. If they were set, they were triggered on the 23rd of June closing short positions for a profit. Summary: Silver is range bound with support about 16.05 – 15.70 and resistance about 18.55 – 18.65. Currently, it...
by Lara | Jun 22, 2017 | Silver |
Last analysis expected downwards movement, which is what has happened. Members who took last week’s trading advice to enter short on the bounce of the 14th of June should now have profitable positions. Advice is given this week on how to manage those profitable...
by Lara | Jun 14, 2017 | Silver
The channel on the daily chart was breached indicating price should move lower, which it has. Summary: The target for downwards movement to continue remains at 15.17. Corrections are an opportunity to join the trend. Stops may be set just above the last swing high at...