by Lara | Aug 20, 2014 | Gold |
Price has moved slightly lower, remaining above the invalidation point which is very close by. I have just the one hourly Elliott wave count for you today. The alternate Elliott wave counts still have a lower probability. Summary: The short/mid term target for upwards...
by Lara | Aug 19, 2014 | Silver, Silver Historical |
Last Elliott wave analysis for Silver expected to see some upwards movement for a second wave correction, but this is not what happened. The first wave moved lower. I expect now that we shall see downwards movement towards 18.802 to complete a third wave. Notice that...
by Lara | Aug 19, 2014 | GDX
While the Elliott wave monthly chart looks fairly clear at this time, the Elliott wave daily chart is not. With GDX data I cannot look at subdivisions on any time frame below daily. I have one monthly wave count and two daily charts for you this week. Click charts to...
by Lara | Aug 18, 2014 | Gold |
End of week Elliott wave analysis expected Monday to begin with downwards movement to a short term target at 1,289 before the upwards trend resumed. Price has moved lower, but did only to 1,295.69 so far. I have the same two Elliott wave counts for you today. Summary:...
by Lara | Aug 16, 2014 | Gold |
Yesterday’s main Elliott wave count expected to see some downwards movement to a short term target at 1,298.55 (although I had strongly suggested this target was too low) before price turned back upwards again. We did see downwards movement followed by a turn...
by Lara | Aug 14, 2014 | Gold |
Sideways movement continues. The main hourly Elliott wave count still looks more likely. Summary: It is most likely we shall see more sideways movement ending a little lower to about 1,298.55 before the upward trend resumes (although this target may be too low, we may...
by Lara | Aug 13, 2014 | Gold |
Sideways movement has continued. The alternate hourly Elliott wave count was confirmed when the main hourly wave count was invalidated with a slight new low below 1,305.78. The alternate expected only more sideways movement. The bigger picture remains exactly the...
by Lara | Aug 12, 2014 | Gold |
Yesterday’s Elliott wave analysis expected sideways movement to end within a few hours and be followed by a resumption of the upwards trend. This is exactly what happened. And upwards movement has created a green doji for Tuesday’s session. Summary:...
by Lara | Aug 12, 2014 | US Oil, US Oil Historical |
Downwards movement has continued as expected. The wave count remains the same. Summary: The target remains at 74.53. This target may be 13 weeks away. Click on charts to enlarge. Upwards movement has hit the upper teal trend line. Since price bounced down from that...