SILVER Elliott Wave Technical Analysis – 21st December, 2017

Upwards movement was expected for the last week. This is what has happened. Volume analysis indicates the probability of the Elliott wave counts has shifted for Silver. Summary: Upwards movement may end here or very soon. Expect downwards movement now to about 15.403....

SILVER Elliott Wave Technical Analysis – 1st December, 2017

A downwards breakout was expected to be about a week or two away. The downwards breakout has come, about a week earlier than expected. Summary: The classic analysis target is 15.74. The Elliott wave target is 15.262. A second wave bounce may offer an entry point to...

SILVER Elliott Wave Technical Analysis – 19th October, 2017

Last analysis expected a pullback, which has arrived. The last three sessions have seen price fall for Silver. Summary: Silver is in a large consolidation and the situation is very unclear. Volume suggests an upwards breakout may be more likely, which favours the...

SILVER Elliott Wave Technical Analysis – 12th October, 2017

Last analysis expected a little more downwards movement to either 16.347 or possibly as low as 15.799 – 15.649. The low came one day after last analysis was published at 16.311, just 0.038 below the first target. Summary: Look out for a pullback here or very...

SILVER Elliott Wave Technical Analysis – 28th September, 2017

Price has continued lower during the week as was expected from the last Elliott wave analysis. On Balance Volume continues to be a reasonably reliable indicator. Summary: Downwards movement has support from classic technical analysis. The target is at either 16.347 or...