by Lara | Sep 21, 2016 | Gold |
Upwards movement was expected. Summary: The trend is up. The mid term target is at 1,437. The long term target is at 1,585. At this stage, expectations are for price to continue overall upwards for another one to few days before another counter trend pullback begins....
by Lara | Sep 21, 2016 | US Oil |
Last week’s analysis expected overall downwards movement. Since last analysis Oil has made a lower low. Summary: Classic technical analysis this week expects upwards movement from here, and both Elliott wave counts expect downwards movement. If price breaks...
by Lara | Sep 20, 2016 | Gold |
Upwards movement was again expected. Price has moved sideways to complete an inside day. Summary: The larger picture remains bullish. It is still more likely that Gold remains in a larger upwards trend and this downwards movement is a countertrend pullback. There is...
by Lara | Sep 19, 2016 | Gold |
Upwards movement was expected for Monday’s session, which is what has happened. Summary: Price needs to break out of the best fit channel on the hourly chart before confidence may be had that a low is in place. Risk remains at 1,302.93 while price remains within...
by Lara | Sep 16, 2016 | Gold |
Upwards movement was expected for Friday’s session but did not happen. Price remains above the invalidation point on the daily chart, which is where final risk remains. Summary: Divergence between the last two swing lows for price and RSI indicate bears are...
by Lara | Sep 15, 2016 | Gold |
Upwards movement was expected from yesterday’s Elliott wave count, but again has not happened. Summary: Upwards movement is still expected. The weight of evidence still indicates a longer term upwards trend is in place. The short term target is at 1,440. The...
by Lara | Sep 15, 2016 | Silver
Last week expected upwards movement for Silver. This is not what happened. Downwards movement remained above the invalidation point. Summary: Upwards movement should continue. The target is 25.63 to 26.87. Volume remains mostly bullish. On Balance Volume may be giving...
by Lara | Sep 14, 2016 | Gold |
Upwards movement was expected from yesterday’s Elliott wave count. Summary: Price should continue upwards as an upwards trend develops. Range and volatility are expected to increase. A short term target is now calculated at 1,446. The long term target remains at...
by Lara | Sep 13, 2016 | US Oil |
Both Elliott wave counts expect Oil to move in the same direction next. Summary: Both wave counts expect downwards movement for the next week to a minimum at 40.18. Thereafter the wave counts diverge. New updates to this analysis are in bold. MONTHLY ELLIOTT WAVE...
