by Lara | Sep 15, 2018 | Silver
A bounce was expected to begin last week. Price moved very slightly lower, but overall the week saw mostly sideways movement to print a doji candlestick. Summary: A classic downwards breakout from a very long held consolidation has occurred. The trend is down. Bounces...
by Lara | Sep 10, 2018 | Silver
A consolidation was expected for last week, but Silver has moved lower. The trend has been identified as down since the break below support on the 17th of July. Summary: A classic downwards breakout from a very long held consolidation has occurred. The trend is down....
by Lara | Sep 3, 2018 | Silver
Silver was expected to again move sideways for the week, which is what has happened. Summary: A classic downwards breakout from a very long held consolidation still looks like it has occurred. The trend is down. Bounces and consolidations may be used as opportunities...
by Lara | Aug 27, 2018 | Silver
Last end of week analysis for Silver expected a consolidation to begin. Sideways movement exactly fits this expectation. Summary: A classic downwards breakout from a very long held consolidation still looks like it has occurred. The trend is down. Bounces and...
by Lara | Aug 17, 2018 | Silver
Last week’s analysis expected more downwards movement to end before 14.533, about which a bounce or consolidation was expected. Price moved lower as expected, with the expected limit at 14.533 slightly exceeded before a small bounce. Summary: A classic downwards...
by Lara | Aug 13, 2018 | Silver
Last week’s analysis for Silver was extremely bearish. Price has consolidated sideways. Summary: A classic downwards breakout from a very long held consolidation still looks like it has occurred, and now a backtest of resistance at prior support may have...
by Lara | Aug 6, 2018 | Silver
Downwards movement was expected. Although Silver has not made a new low below the prior low three weeks ago, it did move lower for the week. Summary: A classic downwards breakout from a very long held consolidation still looks like it has occurred, and now a backtest...
by Lara | Jul 28, 2018 | Silver
Last analysis noted Silver had broken below support about 15.65, which had been held for just over a year, and that a small bounce up to resistance at prior support was expected for the week. A small range inside week exactly fits this expectation. Summary: A classic...
by Lara | Jul 2, 2018 | Silver |
The main Elliott wave count expected downwards movement to continue for Silver, which is what has happened. Summary: Silver has been coiling for about a year now. Volume suggests a downwards breakout may be more likely; this does not always work, but it does work more...
