by Lara | Jun 8, 2017 | Silver
Again, price remained within the channel on the first daily chart. There is as yet no confirmation of a trend change. Summary: Use the pink Elliott channel on the first daily chart. If price breaks below the channel, expect the next wave down has begun. Stops may be...
by Lara | Jun 1, 2017 | Silver
Price remained within the channel on the daily chart, so more upwards movement was allowed. With no channel breach, there is no indication of a trend change. Summary: Use the pink Elliott channel on the first daily chart. If price breaks below the channel, expect the...
by Lara | May 24, 2017 | Silver
Downwards movement was expected for the last week from Silver. Price has moved higher. Summary: Use the pink Elliott channel on the first daily chart. If price breaks below the channel, expect the next wave down has begun. Stops may be set just above the last swing...
by Lara | May 18, 2017 | Silver |
After publication of last week’s analysis price broke above the channel on the 2 hourly chart, indicating a trend change. The 0.382 and 0.618 Fibonacci ratios were targets. Price rose up to 17.027, just 0.025 of the 0.382 Fibonacci ratio. Summary: A bounce may...
by Lara | May 10, 2017 | Silver
Last week’s analysis provided a trend channel on the 2 hourly chart and advised to assume the downwards trend remained while price remained within the channel. This is what has happened so far. Summary:Price remains within the channel. If it breaks above, then...
by Lara | May 5, 2017 | Public Analysis, Silver
Last week’s analysis expected it was fairly likely price may continue to fall at least slightly below 16.82. This is what has happened. Summary: Assume the trend remains the same until proven otherwise. Draw a channel about downwards movement on an hourly chart...
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...
