by Lara | Oct 3, 2017 | Gold |
Downwards movement continued as both Elliott wave counts expected. Volume analysis will be used to indicate which of three hourly Elliott wave counts looks most likely. Summary: Assume the trend remains down while price remains below 1,289.67. A new high above...
by Lara | Oct 3, 2017 | US Oil
Last week’s analysis expected more upwards movement from US Oil. Price moved higher, falling a little short of the target, before turning down for a pullback which so far has remained within the channel. Summary: Oil may continue to rise for the short to mid...
by Lara | Oct 2, 2017 | Gold |
Downwards movement continues as both Elliott wave counts expected. The target has not yet been met for the first wave count. Summary: The bigger picture sees a pullback continue here to about 1,261. It may be as low as 1,170 – 1,158. A bearish signal today from...
by Lara | Sep 29, 2017 | Gold |
A short term bounce was expected to continue for Friday. Price made a higher high and a higher low fitting the definition of upwards movement. The Elliott wave counts for this week nicely predicted price action. Summary: The bigger picture sees a pullback continue...
by Lara | Sep 28, 2017 | Silver
Price has continued lower during the week as was expected from the last Elliott wave analysis. On Balance Volume continues to be a reasonably reliable indicator. Summary: Downwards movement has support from classic technical analysis. The target is at either 16.347 or...
by Lara | Sep 28, 2017 | Gold |
Last analysis (which was just a few hours ago) expected a short term bounce. So far price has moved sideways and very slightly higher. Summary: The bigger picture sees a pullback continue here to about 1,261. It may be as low as 1,170 – 1,158. Look out for a...
by Lara | Sep 28, 2017 | Gold |
Last analysis allowed for more downwards movement. Summary: The bigger picture reverts to seeing a pullback continue here to about 1,261. It may be as low as 1,170 – 1,158. Look out for a short term bounce. It may find resistance about the upper edge of the pink...
by Lara | Sep 26, 2017 | Gold, Public Analysis |
Yesterday’s strong upwards movement has been reversed. A new low below 1,296.23 indicated the alternate hourly Elliott wave count should be used. Summary: The bigger picture reverts to seeing a pullback continue here to about 1,261. It may be as low as 1,170...
by Lara | Sep 26, 2017 | US Oil |
Last week’s analysis expected Oil to continue to rise for the short to mid term. Summary: Oil may continue to rise for the short to mid term. The target is now 53.20 for the short term. Use the blue channel on the main daily Elliott wave chart. Expect upwards...
