by Lara | Jun 25, 2018 | Lara's Weekly, Silver
More downwards movement was expected for last week, which is exactly what happened for Silver. The weekly candlestick closed red, with a lower low and a lower high. Summary: Silver has been coiling for about a year now. Volume suggests a downwards breakout may be more...
by Lara | Jun 18, 2018 | Lara's Weekly, Silver
Another upwards week fits the main Elliott wave count. Price moved very strongly lower on Friday but remains above the Elliott wave invalidation point. Summary: Expect more downwards movement for the short term. Support is strong at the lower edge of the base channel...
by Lara | Jun 9, 2018 | Lara's Weekly, Silver
A strong upwards week fits the larger expectations for the preferred Elliott wave count. Summary: The target is at 19.593 or 20.395. Volume and On Balance Volume are both bullish. An upwards breakout from a consolidation zone looks likely to happen within a few weeks....
by Lara | Jun 4, 2018 | Lara's Weekly, Silver
An inside week does not change the overall analysis. For the short term, On Balance Volume suggests what may happen early this week. Summary: The target is at 19.593 or 20.395. Volume and On Balance Volume are both bullish. An upwards breakout from a consolidation...
by Lara | May 20, 2018 | Lara's Weekly, Silver
Silver remains range bound. All Elliott wave counts remain valid. Summary: The target is at 19.593 or 20.395. An upwards trend is expected to develop. Use pullbacks as opportunities to join the trend. Always trade with stops, and invest only 1-5% of equity on any one...
by Lara | May 14, 2018 | Lara's Weekly, Silver
A pullback was expected for the short term. Thereafter, upwards movement has resumed. Summary: The target is at 19.593 or 20.395. An upwards trend is expected to develop. Use pullbacks as opportunities to join the trend. Always trade with stops, and invest only 1-5%...
by Lara | Apr 29, 2018 | Lara's Weekly, Silver |
The upwards breakout noted last week has turned out to be false. Price is back within the consolidation zone. Summary: There is more support from volume for upwards movement. Look out for another upwards breakout next week. A new high now above 17.331 would offer...
by Lara | Apr 21, 2018 | Lara's Weekly, Silver |
For the short term, a downwards swing within a consolidation was expected and overall an upwards breakout looked more likely thereafter. The upwards breakout has come sooner than expected. Summary: Wednesday was a classic upwards breakout above resistance with support...
by Lara | Apr 14, 2018 | Lara's Weekly, Silver |
A bounce was again expected. Price has made a new high this week so far. The target is not yet met. Summary: Silver remains range bound. Volume now suggests an upwards breakout may be more likely than downwards. Resistance is about 16.810 – 16.950 and support is...
