by Lara | Mar 17, 2018 | Silver
All three Elliott wave counts remain valid. Classic analysis favours the main Elliott wave count. Summary: Classic analysis favours the main bearish Elliott wave count. Look for a little more downwards movement early next week to be followed by a bounce to about...
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 | Mar 1, 2018 | Silver
Price continues to move sideways within a small consolidation. Volume may assist to tell which direction may be most likely for a breakout. Summary: A new low below 16.173 now would indicate an ongoing bear market for Silver. The target would be at 3.858. A bearish...
by Lara | Feb 8, 2018 | Silver
Price has broken out of a small consolidation. Both Elliott wave counts remain valid. Summary: Look for a bounce in the short term, which may end about 17.100. But if the bounce takes price above 17.680, then have confidence in an upwards breakout. The target would be...
by Lara | Jan 17, 2018 | Silver |
It is time to step back and look at monthly charts for Silver, including a new alternate that is in line with Gold analysis. Summary: A small downwards wave to about 16.686 – 16.617 is expected, then a final last upwards thrust to a new high above 17.330. At...
