by Lara | Jun 23, 2016 | Silver |
A breach of the small channel on the daily Elliott wave chart indicated a correction had arrived. Summary: A third wave is underway. The mid term target is at 24.22. Risk and the invalidation point is at 15.818. In the short term, a correction has arrived and should...
by Lara | Jun 22, 2016 | Gold |
Sideways / downwards movement continued as expected towards the target. Summary: Minor wave 2 could possibly be over in one more day, but more likely it will continue for a further four, nine or seventeen days. The target remains at 1,244. New updates to this analysis...
by Lara | Jun 21, 2016 | Gold |
Targets for downwards movement were 1,271 and 1,244. Downwards / corrective movement continues as expected. Summary: Minor wave 2 down has begun and should be expected to last a Fibonacci 8, 13 or 21 days in total. The most likely target will be the 0.618 Fibonacci...
by Lara | Jun 21, 2016 | US Oil
Downwards movement was expected for the week. The week began with two downwards days then price turned and moved higher, but so far it has not made a new high. Summary: The short term picture for Oil is unclear. Oil may make a new high in the next few days. If it...
by Lara | Jun 20, 2016 | Gold |
Last analysis expected a counter trend movement to continue. A long legged doji candlestick fits this description. Summary: Minor wave 2 down has begun and should be expected to last a Fibonacci 8, 13 or 21 days in total. The most likely target will be the 0.618...
by Lara | Jun 18, 2016 | Gold |
Last analysis expected a correction to continue. Upwards movement remains below the high and is choppy and overlapping, although it was substantial. Summary: Minor wave 2 down has begun and should be expected to last a Fibonacci 8, 13 or 21 days in total. The most...
by Lara | Jun 16, 2016 | Gold |
The target for upwards movement to end at 1,299 was inadequate. Price reached 16.38 above the target before turning strongly downwards. Summary: A blowoff top has completed minor wave 1. Minor wave 2 down has begun and should be expected to last a Fibonacci 8, 13 or...
by Lara | Jun 16, 2016 | GDX
Charts only today. MONTHLY ELLIOTT WAVE COUNT Click chart to enlarge. DAILY ELLIOTT WAVE COUNT Click chart to enlarge. ALTERNATE DAILY ELLIOTT WAVE COUNT Click chart to enlarge. TECHNICAL ANALYSIS DAILY Click chart to enlarge. This analysis is published @ 04:55 a.m....
by Lara | Jun 16, 2016 | Silver, Silver Historical
Upwards movement continues as the Elliott wave count expects. A correction has not yet unfolded. Summary: A third wave is underway. Use the pink channel on the daily chart to indicate when the next correction has arrived. This upcoming correction should offer a good...
