by Lara | Jan 13, 2016 | Gold, Gold Historical |
Downwards movement has breached the invalidation point on the main Elliott wave count, but this was allowed for in the alternate. Overall, a correction against a trend was expected to be continuing. Summary: The main wave count is changed to see an ending diagonal...
by Lara | Jan 12, 2016 | Gold |
Another downwards day on lighter volume fits the Elliott wave count. Summary: The fourth wave correction is not over. Price should remain above 1,081.57. Within the correction, an upwards swing should now begin to reach resistance. It may make a new high above...
by Lara | Jan 11, 2016 | NZDUSD
Elliott wave and traditional technical analysis of NZDUSD. New updates to this analysis are in bold. ELLIOTT WAVE COUNT Click chart to enlarge. Primary 3 should end when RSI indicates oversold and most likely not before. Currently RSI has returned just above oversold....
by Lara | Jan 11, 2016 | US Oil, US Oil Historical |
Downwards movement continues exactly as expected for US Oil. Summary: Oil is in a fifth wave to end a third wave impulse. Commodities often exhibit swift strong fifth waves, particularly fifth waves to end their third waves. The target remains the same at 29.21. New...
by Lara | Jan 11, 2016 | Gold |
Price behaved exactly as expected. Overall, lower movement for an inside day continues the fourth wave correction that Gold is currently in. Summary: More sideways movement is expected for a few days yet. It is possible Gold may make a new high above 1,112.19 in the...
by Lara | Jan 9, 2016 | Gold |
A short term target for a fourth wave correction to begin was 1,113. Price turned at 1,112.19. Summary: Next week should see choppy overlapping sideways movement for a fourth wave correction. New updates to this analysis are in bold. To see the last long term analysis...
by Lara | Jan 8, 2016 | EURUSD |
A brief Elliott wave count and technical analysis of the Euro. Summary: I am expecting the Euro is ready to begin a third wave down at primary degree. ELLIOTT WAVE COUNT Click chart to enlarge. Click chart to enlarge. I think that minor wave 5 may be extending only...
by Lara | Jan 8, 2016 | Silver, Silver Historical |
Last analysis expected a correction to complete with some upwards movement to a target at 14.695 – 14.855. Price has moved higher so far reaching up to 14.832. Summary: The correction is still incomplete and is taking its time. Short term more upwards movement...
by Lara | Jan 7, 2016 | Gold |
Price has broken out of a consolidation upwards. Summary: Short term a third wave may end about 1,113 (if this target is wrong, it may not be high enough). Thereafter, a fourth wave correction should move sideways for a few days and be followed by more upwards...
