by Lara | Nov 21, 2017 | US Oil
Last analysis expected upwards movement, which is exactly what has happened over the last week. The Elliott wave target remains the same. Summary: As long as price remains above 54.84, then expect this consolidation may be over here or very soon. The target for...
by Lara | Nov 20, 2017 | Gold |
The preferred Elliott wave count did expect a downwards swing to begin early this week. So far this is mostly what has happened. Summary: Members please note: the second wave count is now strongly preferred. It expects sideways movement to continue probably for all of...
by Lara | Nov 18, 2017 | Gold |
All three hourly Elliott wave counts expected upwards movement, which is what happened on Friday. Summary: Price may continue to move sideways in an ever decreasing range for another one to three weeks. An upwards swing may continue here to end about resistance at...
by Lara | Nov 16, 2017 | Gold |
Last analysis warned Elliott Wave Gold members that gold may continue sideways in the current consolidation for a while yet. Another very small range day moves price essentially sideways on very light volume. This market is consolidating. Volume will be used to guide...
by Lara | Nov 16, 2017 | Public Analysis, Silver
Price was expected to move higher, but sideways movement suggests a triangle is forming for the short term. Two Elliott wave triangle counts are considered, and the classic symmetrical triangle is examined in this analysis. Summary: A triangle may be either complete...
by Lara | Nov 15, 2017 | Gold |
Another slightly higher high and higher low sees price move upwards in slow, choppy overlapping movement. Although price is overall moving higher as has been expected, the choppy overlapping movement is now indicating that this B wave may be a triangle. That...
by Lara | Nov 14, 2017 | US Oil
Last analysis expected a sideways consolidation to last about eight sessions. Price has moved sideways and lower for the last four sessions. Summary: As long as price remains above 52.86, then expect this consolidation may be over here or very soon. The target for...
by Lara | Nov 14, 2017 | Gold |
Members were advised in last Elliott wave analysis that price may move lower in the very short term to test support at a trend line, which was given on hourly charts. Thereafter, price was expected to turn upwards. This is what has happened. Price moved strongly...
by Lara | Nov 13, 2017 | Gold |
Volume will be relied upon strongly today to judge the next most likely direction for Gold. Summary: An upwards swing is expected to continue here to end about resistance at 1,305 to 1,310. Along the way up, there may be another small sideways movement to last one to...
