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SILVER Elliott Wave Technical Analysis – 25th May, 2016

Last week’s analysis expected more downwards movement towards a target at 16.297. Price has reached 16.181. Summary: The structure is incomplete. More downwards movement is expected. The first wave count target is at 15.933. The second wave count target is at...

SILVER Elliott Wave Technical Analysis – 11th May, 2016

A correction was expected for Silver, which is so far what has happened over the last week. Summary: A correction may be over for Silver. A strong upwards movement may be ahead. A short term target is at 22.09. A longer term target is now at 25.63. New updates to this...

SILVER Elliott Wave Technical Analysis – 4th May, 2016

The downwards movement expected for Silver did not happen. Summary: Silver looks overbought and due for a correction. It may find support about 16.70. The larger trend remains up. New updates to this analysis are in bold. WEEKLY WAVE COUNT Click chart to enlarge. If...