by Lara | Mar 15, 2016 | US Oil |
Last week’s analysis of US Oil expected more upwards movement for the week to come up to touch the upper edge of a channel. This is what happened. Summary: The monthly chart remains clear: US Oil needs to move lower to complete a large zigzag structure at Super...
by Lara | Mar 14, 2016 | Gold |
More downwards movement to a target at 1,224 was expected. Price moved lower to reach 1,226.59 so far. Summary: The correction may have now ended. Price confirmation is required before any confidence may be had that it is over. A new high above 1,260.93 by any amount...
by Lara | Mar 11, 2016 | Gold |
Downwards movement was expected for Friday’s session. Summary: The target remains at 1,224. The target may be met in one or two more sessions. New updates to this analysis are in bold. Last published weekly chart is here. DAILY ELLIOTT WAVE COUNT Click chart to...
by Lara | Mar 10, 2016 | Gold |
Upwards movement was expected from yesterday’s analysis. Summary: Upwards movement is most likely a B wave within an expanded flat. Downwards movement is expected to a target at 1,224. A new low below 1,266.69 would confirm that the correction is not over....
by Lara | Mar 10, 2016 | Silver
Last week’s analysis expected upwards movement from Silver, which is what happened. Summary: The trend remains up. The target for the next interruption to the trend remains at 16.802. New updates to this analysis are in bold. WEEKLY WAVE COUNT Click chart to...
by Lara | Mar 9, 2016 | Gold |
Both hourly charts yesterday expected downwards movement short term which is what happened. Summary: The correction is still most likely incomplete. Some upwards movement for the next day or so may be a B or X wave which could make a new high. Thereafter, downwards...
by Lara | Mar 8, 2016 | Gold |
A correction was expected to continue. The small red candlestick for Tuesday’s session fits both Elliott wave counts. Summary: A correction is still unfolding and should continue sideways. The correction may include a new high above 1,279.45. It is most likely a...
by Lara | Mar 7, 2016 | US Oil |
Last week’s analysis of US Oil expected upwards movement for the week, which is what happened. A new high above 37.75 invalidated the alternate and confirmed the main Elliott wave count. Summary: The monthly chart remains clear: US Oil needs to move lower to...
by Lara | Mar 7, 2016 | Gold |
Sideways movement was expected. Price has moved sideways for an inside day. Summary: A correction is still unfolding and should continue sideways. The correction may include a new high above 1,279.45. It is most likely a fourth wave at minor degree and may end in a...
