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SILVER Elliott Wave Technical Analysis – 14th June, 2017

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...

SILVER Elliott Wave Technical Analysis – 8th June, 2017

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...

SILVER Elliott Wave Technical Analysis – 31st May, 2017

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...

SILVER Elliott Wave Technical Analysis – 24th May, 2017

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...

SILVER Elliott Wave Technical Analysis – 10th May, 2017

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...