by Lara | Mar 8, 2018 | Silver
A new low below 16.173 favours the main Elliott wave count. Volume suggests the breakout direction from a large symmetrical triangle on the weekly chart. Summary: Expect a bounce here to about 17.035 – 17.109. Thereafter, a large downwards wave may develop. A...
by Lara | Feb 15, 2018 | Silver
Price has bounced over the last week exactly as last analysis expected it to. Is the bounce now over? Summary: Expect price for the short term to overall continue higher to reach about 17.100. There may be a pullback to last a few days along the way up to the target....
by Lara | Feb 2, 2018 | Silver
Silver is consolidating. Volume may suggest the breakout direction. Summary: Silver is in a small consolidation. Volume suggests an upwards breakout. The Elliott wave target is at 20.395. A new low below 15.525 would indicate Silver remains in a bear market. The...
by Lara | Jan 26, 2018 | Silver |
A small downwards wave to about 16.686 – 16.617 was expected, then a final last upwards thrust to a new high above 17.330. Price did move lower to reach 16.737, 0.051 short of the target zone, and there it turned to move higher. Summary: The classic analysis...