by Lara | Sep 25, 2017 | Gold |
Price has moved strongly higher breaking out of the channel which contained prior downwards movement. Summary: Gold has most likely had a trend change. The target for upwards movement is either about 1,330 (second wave count) or possibly as high as 1,440 (first wave...
by Lara | Sep 23, 2017 | Gold |
A small bounce continued as the hourly Elliott wave counts expected. Price remains within the channels. Summary: Expect downwards movement now to continue at least for the short term. A short term target is at 1,261. This downwards swing may go as low as 1,170 to...
by Lara | Sep 22, 2017 | Silver
A break below support from On Balance Volume indicated more downwards movement. After that bearish signal that is what has happened. Summary: Downwards movement has support from classic technical analysis. The target is at either 16.347 or as low as 15.799 –...
by Lara | Sep 21, 2017 | Gold |
Downwards movement continues as both Elliott wave counts expect. The short term target remains the same. Summary: Expect downwards movement now to continue at least for the short term. A short term target is at 1,261. This downwards swing may go as low as 1,170 to...
by Lara | Sep 20, 2017 | Gold |
Yesterday’s hourly charts for both Elliott wave counts had a target at 1,316 for a bounce to end and then expected downwards movement to show some strength as a third wave began. This is exactly what happened. Upwards movement reached 1,315.81, just 0.19 short...
by Lara | Sep 19, 2017 | Gold |
A small inside day sees the target for one of the two Elliott wave counts adjusted. This new target is now closer to the target for the other Elliott wave count. Summary: Expect downwards movement now to continue at least for the short term. A short term target is at...
by Lara | Sep 19, 2017 | US Oil |
A new high above 49.42 has invalidated last week’s Elliott wave analysis. Two new Elliott wave counts are considered this week. Summary: Oil may continue to rise for the short to mid term. The target is now, at minimum, above 52.37. 53.20 is also possible. Use...
by Lara | Sep 18, 2017 | Gold |
With price closing below a long term bear market trend line, the analysis is today again changed. Summary: Expect downwards movement now to continue at least for the short term. A short term target is at 1,300 to 1,297. This downwards swing may go as low as 1,170 to...
by Lara | Sep 16, 2017 | Gold |
Upwards movement was expected after last analysis. Friday completed a higher high and a higher low, but a deep pullback at the end of the session closed the candlestick red. Price remains above the invalidation point on the hourly chart. Summary: The target is now...
