by Lara | Mar 27, 2017 | Gold |
Downwards movement was expected to start the new trading week, but this is not what happened. Summary: Resistance on On Balance Volume and the 200 day moving average may be enough to turn price here down. In the short term, a new low below 1,252.75 would add a little...
by Lara | Mar 25, 2017 | Gold |
Downwards movement for a pullback was expected for Friday’s session. A lower low and a lower high is the definition of downwards movement, and this is what was seen for Friday. Summary: Another pullback looks most likely to be underway. The target is now about...
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 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 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 17, 2017 | Silver
Last analysis expected a deep pullback was close to complete (the target was at 16.666). Price moved slightly lower to reach 16.831, 0.165 above the target, before turning. Summary: A deep pullback looks likely to be over now and a third wave up looks likely to be...
by Lara | Mar 13, 2017 | US Oil |
Last weekly analysis expected a violent downwards breakout as likely. This is exactly what happened. Alternate wave counts are now invalidated. Summary: The target for downwards movement to end is minimum 28.61, with 25.59 reasonably likely. New updates to this...
by Lara | Mar 10, 2017 | Gold |
Price moved into the target zone, which was 1,197 to 1,192, and then turned upwards to print a green daily candlestick. Summary: Allow for the possibility of new lows while price remains within the channel. The next target is now at 1,193 – 1,192. If the...
by Lara | Mar 9, 2017 | Silver
Silver has continued lower over the last few days as expected from last week’s analysis. The target remains the same. Summary: A deeper pullback may be close to complete now. The target is about 16.666. If the Elliott wave count is correct, then this pullback at...
