Skip to content
GET STARTED
Loading...
✨ Become a Member and get full access!
Commodities

Silver – Road Map_5

•
Open Articles Public Silver Weekly
641

Silver just printed a second green candle in a row. Is it time for bulls to rejoice — or are other forces at play? What comes next? In this daily silver technical analysis, we review the candlestick structure, key support and resistance, momentum, and the Elliott Wave context. And if you haven’t yet, make sure to review the weekly report — it remains the most comprehensive summary of what already happened and what could be next.

CANDLES:

This is getting uglier by the day. A strong rejection from both the 8 and 20 EMA left silver with a second consolidation candle. The 8D frame printed a frightening Bearish Engulfing, with multiple confirmations on smaller frames. As I said yesterday, “the monthly is still on track for a Gravestone Doji in the air — above the Bollinger Bands. The picture is getting gloomier day by day.”

Elliott Waves

Last Wave – Micro

Silver hit the purple rectangle and was pushed back hard, invalidating the potential impulse up — I’ve removed the green count. Two bearish paths now carry the highest probabilities: a larger corrective wave B in red, or an immediate impulse down in blue. The blue path would be ugly — it could easily shave another 11–15% off the current level.

=====

Open Articles Public Silver Weekly
641
Read Next
Commodities
Oil – Daily Analysis
Today, oil extended the rally to roughly 25% since our August 6 call for those who went long with us. A strong move—but now comes the more difficult question: is it time to take some profit, or does the rally still have room to run? Let’s talk probabilities, not headlines. In today’s Oil Daily Analysis, […]
US Indices
SP500 – Daily Analysis
Are the candlemaps ugly enough after today’s move—or is the market preparing to make them even worse? And, more importantly, have you been listening to our recent warnings? The key question now is whether the current SPX weakness remains a contained correction—or whether the index is preparing to accelerate into a much deeper decline that […]
Commodities
Oil – Daily Analysis
Today, oil finally reached our target, delivering roughly a 20% gain since our major August 6 call. A solid move—but after a rally of this magnitude, the more important question is what comes next. And perhaps even more interesting: what do the candles now “think” about the prospects for “lower gas prices”? In today’s Oil […]