by Lara | Dec 16, 2017 | Gold |
A target for another day or so was 1,264. Price moved higher to reach 1,261.40 before turning down. Summary: A multi day bounce for minor wave 2 has arrived. The target for minor wave 2 is still 1,268, which may be met in another two or five days. Short positions...
by Lara | Dec 15, 2017 | Silver
The target for downwards movement to end was at 15.262. Price reached 15.525 and has turned there, 0.263 short of the target. Summary: Look for upwards movement now for about one to four weeks. The target is at 17.132. Always trade with stops and invest only 1-5% of...
by Lara | Dec 14, 2017 | Gold |
A bounce is unfolding exactly as expected. The target remains the same and may be met in another day or so. Summary: A multi day bounce for minor wave 2 has arrived. The target for minor wave 2 is 1,268, which may be met in another one, three or five days. Short...
by Lara | Dec 13, 2017 | Gold |
Last analysis called for a low to be in place and for members with short positions to take profits (if opened below a certain point). With upwards movement now unfolding, that advice would have seen Elliott Wave Gold members take some very good profits today. Summary:...
by Lara | Dec 13, 2017 | US Oil |
Another sideways week remains within the Elliott channel and above the invalidation point. Summary: The target has been recalculated. Now the target for upwards movement to end is 59.65 to 61.42. There has been some weakness, and that continues, and indicators are...
by Lara | Dec 12, 2017 | Gold |
The short term target was about 1,236. Downwards movement continued for the session as expected to reach 1,236.54. Members are today offered very specific trading advice on how to manage existing short positions and on how to join the trend. Summary: The small channel...
by Lara | Dec 11, 2017 | Gold |
Downwards movement continues exactly as expected towards the Elliott wave target, and price remains below the short term invalidation point on the hourly chart. The channel on the hourly chart is redrawn, and it should be used to indicate when this downwards wave is...
by Lara | Dec 8, 2017 | Gold |
Sideways movement during Friday’s session has reacted exactly off the upper edge of the channel given on the hourly Elliott wave chart. A new short term target is now calculated for this downwards movement to end and a bounce to begin. Summary: The short term...
by Lara | Dec 7, 2017 | Silver
Last analysis expected more downwards movement from Silver for the week, and this is exactly what has happened. The classic analysis target has been met and exceeded. Price is continuing lower towards the Elliott wave target. Summary: The target is at 15.262. This may...