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...

SILVER Elliott Wave Technical Analysis – 6th September, 2017

More upwards movement was expected from last week’s analysis. This is what has happened. Summary: The trend is upwards. There are some signs it is nearing extreme, but there is room still for price to rise further. A short term target is about 20. Expect price...

SILVER Elliott Wave Technical Analysis – 1st September, 2017

A pullback was expected to move price lower to about 16, but this is not what happened. Price has moved higher. Summary: The trend is upwards. There are some signs it is nearing extreme, but there is room still for price to rise further. A short term target is about...

SILVER Elliott Wave Technical Analysis – 2nd August, 2017

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...

SILVER Elliott Wave Technical Analysis – 27th July, 2017

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...