by Lara | Oct 19, 2017 | Silver
Last analysis expected a pullback, which has arrived. The last three sessions have seen price fall for Silver. Summary: Silver is in a large consolidation and the situation is very unclear. Volume suggests an upwards breakout may be more likely, which favours the...
by Lara | Oct 18, 2017 | Gold |
Further downwards movement continued as the last analysis expected. Summary: The pullback may be over. A clear breach of the channel on the hourly charts by upwards movement would give confidence that a low is in place. At that stage, long positions would have...
by Lara | Oct 18, 2017 | Education, Public Analysis |
Another brain teaser to test your Elliott wave knowledge: Click chart to enlarge. I have tried to make it a bit easier by violating only core Elliott wave rules and making the mistakes really bad ones. Price points of all waves are given so you can calculate lengths...
by Lara | Oct 17, 2017 | Gold |
Downwards movement continued overall as the last analysis expected. Summary: The larger trend remains up but a pullback is underway. At its end, it should offer an entry point to join the upwards trend. That may not be until the end of this week or the beginning of...
by Lara | Oct 16, 2017 | US Oil |
The upwards movement over the last week has remained below the invalidation point on the daily Elliott wave counts. Summary: A bearish candlestick wick with strongly declining volume and divergence with volatility suggests a high in place here for Oil. The target for...
by Lara | Oct 16, 2017 | Copper, GDX, Gold |
Last analysis expected upwards movement to continue towards a target at 1,320. Price did make a new high but was well short of the target. Summary: The larger trend remains up but a pullback has finally arrived. At its end, it should offer an entry point to join the...
by Lara | Oct 16, 2017 | Bitcoin |
Elliott wave charts of BTCUSD: FORTNIGHTLY CHART Click chart to enlarge. WEEKLY CHART Click chart to enlarge. ALTERNATE WEEKLY CHART Click chart to enlarge. All charts are on a semi-log scale. Published @ 12:17 a.m....
by Lara | Oct 14, 2017 | Gold |
Analysis for the last two days has advised members to assume the trend remains the same, upwards, until proven otherwise. Friday has continued the upwards trend. A new short term target is now calculated. Summary: The trend remains up. The short term target is at...
by Lara | Oct 12, 2017 | Silver
Last analysis expected a little more downwards movement to either 16.347 or possibly as low as 15.799 – 15.649. The low came one day after last analysis was published at 16.311, just 0.038 below the first target. Summary: Look out for a pullback here or very...