by Lara | Mar 24, 2017 | Silver |
Last week expected a pullback to begin for Silver. Price has edged up slowly all week. Summary: Look out for a small pullback here or very soon for Silver. This may present a good opportunity to join a new upwards trend. If it is deep, look for strong support at the...
by Lara | Mar 23, 2017 | Gold |
A slight new high was not expected but was allowed for. Thereafter, price has turned downwards to breach the channel on the hourly chart. Summary: Another pullback looks most likely to have begun today. The target is about 1,217; but if this is wrong, it may be too...
by Lara | Mar 22, 2017 | Gold |
The target was at 1,253. So far price has reached 1,251.21, just 1.79 short of the target. Summary: A Gravestone Doji on BarChart data, a decline in volume, overbought Stochastics, and a complete five wave structure for the Elliott wave count all point today to this...
by Lara | Mar 22, 2017 | Trading Tips
Click here to get in on the Madness! Sale starts Tuesday, March 21st and ends Midnight EST Monday, March 27th.
by Lara | Mar 22, 2017 | Copper, Public Analysis, Trading Room, US Oil |
Today’s Trading Room looks at Copper only. To learn what the Trading Room is about see first Trading Room analysis here. Trading Room will focus on classic technical analysis. Elliott wave analysis will be for support and for targets / invalidation points....
by Lara | Mar 22, 2017 | US Oil
A small correction unfolded over the last week as expected. Summary: The target for downwards movement to end is minimum 28.61, with 25.59 reasonably likely. Move stops to either just above the swing high of the 16th of March (check your broker data for the exact...
by Lara | Mar 21, 2017 | Gold |
A fourth wave correction ended right at the lower edge of the Elliott channel and from there price bounced up to make new highs for a fifth wave. Summary: Assume the trend remains the same until proven otherwise. Assume price will keep going up while price remains...
by Lara | Mar 20, 2017 | Gold |
Sideways movement was again expected for Monday’s session. Price moved slowly higher in a small range, mostly fitting expectations. Summary: A small fourth wave correction may now continue sideways over another one to few days and should remain above 1,211.06....
by Lara | Mar 20, 2017 | Natural Gas, Public Analysis, Trading Room, US Oil, USDJPY
Today’s Trading Room looks at US Oil only. To learn what the Trading Room is about see first Trading Room analysis here. Trading Room will focus on classic technical analysis. Elliott wave analysis will be for support and for targets / invalidation points. US...