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 – 16th August, 2017

A downwards swing was expected, but it was much more shallow than the target. Summary: Silver may continue higher from here to a target at 18.89. New updates to this analysis are in bold. Last monthly chart is here. ELLIOTT WAVE COUNTS FIRST WAVE COUNT WEEKLY CHART...

SILVER Elliott Wave Technical Analysis – 9th August, 2017

A pullback continued as expected from last analysis. Summary: In the short term, look out for a little more upwards movement. After that look out for a downwards swing to about 15.830. New updates to this analysis are in bold. Last monthly chart is here. ELLIOTT WAVE...

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...

SILVER Elliott Wave Technical Analysis – 19th July, 2017

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...