Dec 03 SILVER Elliott Wave Technical Analysis – 1st Dec, 2014 Lara Iriarte

SILVER Elliott Wave Technical Analysis – 1st December, 2014

Lara Iriarte
Posted Dec 3, 2014
Downwards movement invalidated both daily Elliott wave counts, published two days ago. This Elliott wave count is updated and still expects upwards movement.

(Click on image to enlarge)

At 18.430 minute wave iii would reach 2.618 the length of minute wave i. This is close to the 0.618 Fibonacci ratio of minor wave 1 at 18.812. The target may be about two weeks away.