by Lara | Aug 31, 2016 | Gold, Public Analysis |
Downwards movement was expected from yesterday’s analysis. Summary: While price remains within the narrow pink channel, then assume the short term downwards trend remains intact. If the channel is breached and if price moves above 1,330.01, then assume the...
by Lara | Aug 31, 2016 | GDX |
Last GDX technical analysis was very bearish. Price has continued lower. Summary: This downwards trend may be interrupted here for a bounce. How high the bounce goes may tell us what may happen next. There are multiple structural Elliott wave options open, so it is...
by Lara | Aug 30, 2016 | Gold, Public Analysis |
The main Elliott wave count has been confirmed with a new low below 1,310.84. Summary: Some more downwards movement this week looks most likely, to about 1,279. If this target is wrong, it may be a little too low. A new high now above 1,330.01 would confirm downwards...
by Lara | Aug 29, 2016 | US Oil |
Last week’s classic technical analysis saw weakness to upwards movement and expected a downwards reaction. Price has moved sideways for the week. Summary: The Elliott wave count at this stage is unclear. With price now within a B wave within a fourth wave...
by Lara | Aug 29, 2016 | Gold, Public Analysis |
All three daily Elliott wave counts remain valid. The invalidation / confirmation point may now be moved lower today. Summary: Some more downwards movement next week looks most likely, to about 1,279. If this target is wrong, it may be a little too low. In the short...
by Lara | Aug 28, 2016 | Gold |
Both Elliott wave counts from last analysis remain valid. Summary: Some more downwards movement next week looks most likely, to about 1,279. If this target is wrong, it may be a little too high. New updates to this analysis are in bold. Last weekly charts, and a more...
by Lara | Aug 26, 2016 | GDX, Public Analysis |
Last analysis expected upwards movement towards a target at 36.21. Price did move higher but fell 4.42 short of the target. Summary: Classic technical analysis is very bearish today for GDX. A downwards trend is in place. This strongly favours the alternate monthly...
by Lara | Aug 25, 2016 | Gold |
Downwards movement unfolded exactly as expected. Summary: The main and alternate wave counts today are judged to have a close to even probability. Classic technical analysis today favours the alternate and more downwards movement. A new low below 1,310.84 would...
by Lara | Aug 24, 2016 | Silver |
The main Elliott wave count expected upwards movement and the alternate expected sideways movement. Price has moved lower. Summary: Upwards movement is expected to 25.63 – 26.98. Declining volume and divergence with price and RSI at the last two swing lows...