by Lara | Mar 18, 2017 | Gold |
Sideways movement was expected for Friday. An inside day perfectly fits expectations. Summary: A small fourth wave correction may now continue sideways over another one to few days and should remain above 1,211.06. When the correction is complete, then a target for...
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 16, 2017 | Gold |
More upwards movement was expected from last analysis. This is what has happened. Summary: A small fourth wave correction may now unfold sideways over one to three days and should remain above 1,211.06. When the correction is complete, then a target for the fifth wave...
by Lara | Mar 15, 2017 | Gold |
Price moved strongly higher exactly as the Elliott wave count expected for a third wave up. Targets remain the same. Summary: Reasonable confidence is had today in the Elliott wave count. The structure of this upwards wave is incomplete and for now the invalidation...
by Lara | Mar 15, 2017 | Copper, Natural Gas, USD Index, USDJPY
This post updates recommendations made three days ago. OPEN POSITIONS Click table to enlarge. Copper has moved higher and is now very close to the invalidation point. If the analysis is correct, it should turn down here. If not, another loss will be booked. USDJPY has...
by Lara | Mar 14, 2017 | Gold |
Price has moved lower which was allowed for but not what was expected. Price remains above the invalidation point on the hourly chart. Summary: A little confidence may be had in a trend change, but hesitancy in price at the start of a possible new trend is concerning....
by Lara | Mar 14, 2017 | Copper, Natural Gas, Public Analysis, Trading Room, US Oil, USD Index, USDJPY |
This post updates recommendations made two days ago. OPEN POSITIONS Click table to enlarge. Only one position should now be underwater. USD Index and NGas positions should be comfortably positive. Although recommendations are made on when to take profits, this may not...
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 13, 2017 | Gold |
Price has moved overall higher as expected from the main hourly Elliott wave count in last analysis. Summary: A little confidence may be had in a trend change, but weak volume and a long upper wick on Monday’s candlestick is concerning. It is possible we may see...
