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...
by Lara | Apr 5, 2017 | Silver
A pullback was expected for Silver. Price continued higher with a small sideways movement during the week. Summary: Watch On Balance Volume carefully for a signal. Silver may have completed a small consolidation; it may not show a deeper pullback now. Silver is in an...
by Lara | Mar 30, 2017 | Silver
Last week expected a pullback to begin for Silver either at the high for the 23rd of March, or very soon. This is not what has happened. Price has continued to move higher. Summary: Identifying when a pullback is going to begin for Silver has proven to be very...
by Lara | Mar 24, 2017 | Silver |
Last week expected a pullback to begin for Silver. Price has edged up slowly all week. Summary: Look out for a small pullback here or very soon for Silver. This may present a good opportunity to join a new upwards trend. If it is deep, look for strong support at the...
