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...
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 27, 2018 | Lara's Weekly, Silver
Last week’s analysis expected an upwards trend to develop. A slightly higher high and a higher low completes a green weekly candlestick, which fits expectations. Summary: The target is at 19.593 or 20.395. Volume and On Balance Volume are both bullish. An...
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 | May 6, 2018 | Lara's Weekly, Silver
An upwards week was expected from last analysis. The week began with a move lower, which hit support, and then bounced strongly from there to complete a long legged doji candlestick. Summary: At the daily chart level, weakness in the last two upwards days suggests a...
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 | Mar 30, 2018 | Silver |
A bounce was expected to continue. Price began the week to make new highs and thereafter a pullback has remained above the short term invalidation point. Summary: Look for a bounce to continue to reach above 16.961. The bounce may slightly overshoot resistance to end...
by Lara | Mar 22, 2018 | Silver |
A little more downwards movement to end within the range of 16.173 to 15.874, or at target 16.093, was expected before a trend change. Price moved slightly lower, turning at 16.106, within the range and just 0.013 above the target. Summary: Look for a bounce to...