by Lara | Nov 2, 2017 | Silver
Last analysis expected price could move a little lower before turning, which is what happened. Price bounced up perfectly off the lower edge of the channel on the daily charts. Summary: Expect upwards movement for the short term to at least 17.505. Movement may...
by Lara | Nov 2, 2017 | Gold |
A higher high and a higher low for Thursday’s session is the definition of upwards movement. Upwards movement was what was expected. The lower edge of the channel on the hourly charts has perfectly shown where pullbacks are finding support. Summary: The trend...
by Lara | Nov 1, 2017 | Gold, Public Analysis |
Price is now beginning to move higher, which is what the Elliott wave counts both expected. Summary: Upwards movement for a third wave should begin now. The first target is at 1,294 where a small consolidation may unfold. The target for this upwards swing to end is at...
by Lara | Oct 31, 2017 | Gold |
Price remains above 1,260.72, so both Elliott wave counts remain valid. Volume and On Balance Volume today are giving signals as to what is most likely to happen next to price. Summary: Upwards movement for a third wave should begin now. The first target is at 1,294...
by Lara | Oct 31, 2017 | Education, GOOG, Public Analysis |
In keeping with the KISS principle, this trend line is very simple. I call it “Google’s Forever Trend Line”. Click chart to enlarge. This trend line has very strong technical significance. It is very long held and has been tested multiple times. It...
by Lara | Oct 30, 2017 | US Oil |
A classic upwards breakout was seen two days ago. The main Elliott wave count is changed. The alternate Elliott wave count remains the same. Summary: Look for upwards movement to continue now until about 61.42. For the very short term, look for price to curve back...
by Lara | Oct 30, 2017 | Gold |
Both Elliott wave counts were expecting upwards movement to begin the new trading week, which is so far what has happened. There is an important signal from On Balance Volume today, but it is strongly contradicted by volume for Monday’s session. Summary: While...
by Lara | Oct 27, 2017 | Gold |
Price has remained above 1,260.72 and so far has bounced up a little. Price remains within the channel on the hourly charts, so no trend change is yet indicated. Summary: While price remains above 1,260.72, this downwards movement could still be a second wave...
by Lara | Oct 27, 2017 | Silver
Price has moved lower for the week as a pullback continues. The Elliott wave counts now diverge. 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 first Elliott wave...
