by Lara | May 22, 2017 | Gold |
End of week analysis expected sideways or higher movement for the new week. So far this is what is happening with Monday completing an upwards day that has not yet made a new high above last week’s high. Summary: It looks like price may continue sideways or...
by Lara | May 20, 2017 | Gold |
Last analysis expected it was most likely that price would move sideways and slowly higher. An inside day closing green fits this description exactly. Summary: It looks like next week price may continue sideways or slowly higher towards a target about 1,276 (which may...
by Lara | May 19, 2017 | Gold |
A downwards day, which was expected as most likely, followed the blow off top. Summary: It may be slightly more likely that price may move sideways and slowly higher towards 1,276 (the target may be too high). Alternatively, a high may be in place now and this would...
by Lara | May 18, 2017 | Silver |
After publication of last week’s analysis price broke above the channel on the 2 hourly chart, indicating a trend change. The 0.382 and 0.618 Fibonacci ratios were targets. Price rose up to 17.027, just 0.025 of the 0.382 Fibonacci ratio. Summary: A bounce may...
by Lara | May 17, 2017 | Gold, Public Analysis |
Price remained within channels and continued higher. Today’s strong upwards session with heavy volume looks like a blowoff top. Summary: It looks like a blow off top may have ended upwards movement today. However, price remains within the best fit channels....
by Lara | May 17, 2017 | US Oil |
The upwards bounce was deeper than expected. Profitable short positions were closed. Summary: While it is possible that price could continue higher, it looks likely that it has stopped here. The candlestick reversal pattern (Harami), the trend channel breach, a 0.618...
by Lara | May 16, 2017 | Gold |
A new high above 1,236.88 indicated more upwards movement towards a target about 1,245. Price continued only slightly higher so far to reach 1,238.88. Summary: Allow for price to continue higher towards 1,245 while it remains within the channels on the hourly charts....
by Lara | May 16, 2017 | Trading Room |
A big thank you to everyone for your comments and feedback and support. However, due to various circumstances this will be the last Trading Room post. I will continue to watch several markets and will continue to post extra analysis, charts and trading recommendations...
by Lara | May 15, 2017 | Gold |
Upwards movement was expected for Monday to a target at 1,235 – 1,236. The high for Monday was 1,236.88. Summary: A new high above 1,236.88 would indicate the short term upwards trend is still intact and the target would then be at 1,245. In the short term, a...
