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 14, 2018 | Silver
Last week’s analysis expected a small bounce, which did not happen. Volume, RSI and Stochastics are used this week to determine the strength or weakness of this new low. Summary: Silver has been coiling for about a year now. Volume suggests a downwards breakout...
by Lara | Jul 7, 2018 | Silver |
A little more downwards movement was expected from last week’s classic technical analysis. At least four Elliott wave counts remain valid, so classic technical analysis is vital to indicate which one is most likely. Summary: Silver has been coiling for about a...
