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...
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...